Provisional grade — derived from this report's measured data points; the county detector suite has not measured this geography yet. The measured ARED Score replaces it on the suite's next run.
ZIP 37402 — Chattanooga
The 37402 housing market is currently experiencing a correction, with median listing prices down 5% year-over-year as inventory levels stabilize. While the broader Chattanooga market remains competitive, this downtown-centric ZIP is seeing a shift toward more balanced conditions, driven by high rental demand and ongoing urban development.
This ZIP is ideal for young professionals, urban-dwelling commuters, and investors seeking proximity to downtown employment and entertainment, rather than families seeking traditional suburban space.
Median prices moved down 5.0% year over year.
Homes spend a median of 53 days on market with 3.5 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 36.5% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 37402, Chattanooga, TN
The area benefits from proximity to downtown Chattanooga's economic core, with ongoing urban revitalization and mixed-use development projects along the riverfront.
Property taxes are assessed by Hamilton County; rates are determined by the county and city of Chattanooga, with no state-level income tax on wages.
Located in the heart of downtown Chattanooga, residents enjoy short commutes with high walkability and easy access to major highway corridors like I-24 and US-27.
The ZIP features immediate access to the Tennessee Riverwalk, Coolidge Park, and the Hunter Museum of American Art, alongside extensive downtown dining and shopping.
The rental market is highly active due to the downtown location, with a mix of luxury riverfront apartments and historic urban units; vacancy pressure remains moderate.
The economy is anchored by downtown Chattanooga's professional services, tourism, and the burgeoning tech sector, supported by the city's high-speed municipal fiber network.
The area is served by CARTA bus lines and is highly walkable, with major highway access via the I-24/US-27 interchange.
Ongoing urban infill projects and riverfront mixed-use developments continue to reshape the downtown landscape.
Hamilton County Assessor of Property manages assessments based on fair market value, with reappraisals occurring on a multi-year cycle.
Parcels are subject to Chattanooga city and Hamilton County taxes, with potential inclusion in downtown business improvement districts.
Property insurance premiums are influenced by urban density and proximity to the Tennessee River flood zones.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
A major urban greenway stretching along the riverfront.
A landmark cultural institution overlooking the Tennessee River.
A popular riverfront park featuring a historic carousel and open space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Forecasts are for speculation only and should not be used as a deciding factor in any transaction. Projections trend strictly from calculable historical values — the platform cannot predict market movements, market sentiment, or the market itself.
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Awaiting measured history — this chart renders once enough refresh-cycle reads accumulate (a one-point series is not a trend).
Standard trend model — solid = measured history · dashed = projection anchored at each line's last measured point, following that series' trailing pace (CAGR capped ±12%/yr) or trailing mean · projections are estimates, not measured reads · every charted series runs the standard 5-year historical window with a 1-year forecast, trimmed from the full retained ledger — the forecast always extends into the future year (a lagging ledger bridges to it) and stops there on purpose: authoritative, not wizardry · every price line is county-assessed value from the district CAD — the tier's same-parcel assessment roll-up on the momentum tile, the assessed trajectory in raw dollar levels and as a YoY-chained index (base 100), and the month-over-month pace from nearby comparable sales pooled from the research track; a tier without comps yet keeps its pace story with the assessed trend. Inventory, liquidity, price-cut and foreclosure lines run on the platform's own measured series.
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Aggregate foreclosure counts for this geography — recorded notices, upcoming sales and distress weight against population. The filing-level ledger opens at Investor.
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