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 37409 — Chattanooga
The 37409 housing market is experiencing a correction in pricing following a period of rapid appreciation, with a year-over-year decline in median sale prices. Despite this, demand remains steady for well-located properties in historic neighborhoods like St. Elmo, supported by the area's strong economic fundamentals and proximity to downtown Chattanooga.
This ZIP is ideal for young professionals, outdoor enthusiasts, and families seeking historic charm with quick access to downtown employment hubs.
Median prices moved down 7.6% year over year.
Homes spend a median of 59 days on market with 3.5 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 97.37% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 14.5% · poverty 28.2% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 37409, Hamilton County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in the St. Elmo and Lookout Valley areas of 37409 are generally consistent with urban Chattanooga, with property crime being the primary concern compared to regional averages.
Schools serving the area are part of the Hamilton County School District, with local institutions like St. Elmo Elementary receiving mixed performance ratings.
The area faces moderate flood risk in low-lying sections near the Tennessee River and Lookout Creek, with insurance premiums reflecting regional climate exposure.
Economic momentum is driven by proximity to downtown Chattanooga and the revitalization of the St. Elmo historic district, attracting professional residents and small business investment.
Property taxes are assessed by Hamilton County and the City of Chattanooga, with rates determined by the combined municipal and county millage; no state income tax applies to individuals.
Residents enjoy a direct commute to downtown Chattanooga via St. Elmo Avenue and Broad Street, typically taking 10-15 minutes by car.
The ZIP features immediate access to the Lookout Mountain trails, the Tennessee Riverwalk, and the historic St. Elmo shopping and dining district.
The rental market is tight with high demand for historic homes and apartments, driven by proximity to the city center and limited inventory.
The economy is anchored by Chattanooga's diverse mix of manufacturing, healthcare, and the growing tech sector, supported by the city's high-speed fiber infrastructure.
The area is served by CARTA bus routes and major corridors including Broad Street and I-24, providing connectivity to the broader metro area.
Development is focused on urban infill and the preservation of historic character, with strict zoning in the St. Elmo area.
The Hamilton County Assessor of Property manages assessments, with reappraisals occurring on a multi-year cycle.
Parcels are subject to Hamilton County and City of Chattanooga taxes, with specific utility districts for water and sewer services.
Property insurance premiums are influenced by regional flood risk and the age of housing stock in historic districts.
Tennessee continues to see net positive domestic migration, with Chattanooga serving as a primary destination for remote workers.
Tennessee is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Sellers are required to provide a residential property condition disclosure form to buyers.
Data retrieved from data.census.gov ZCTA 37409 profile.
Features local shops, cafes, and historic architecture.
Iconic tourist attraction located at the base of the mountain.
Extensive trail system for walking and cycling along the river.
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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