Chattanooga, TN home prices
Typical home $318,922 · -0.3% in a year · income needed $87,400
The Chattanooga, TN metro area ranks 282 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -0.3% in a year and +22.6% over five years. With 20% down at 7.11%, the typical home costs about $2,039 a month including 0.62% property tax (Hamilton County rate).
Mortgage on the typical Chattanooga home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $63,784 | $255,138 | $1,716 | $0 | $323 | $2,039 | $87,400 |
| 10% down | $31,892 | $287,030 | $1,931 | $120 | $323 | $2,373 | $101,700 |
| 5% down | $15,946 | $302,976 | $2,038 | $126 | $323 | $2,487 | $106,600 |
| 3.5% down (FHA) | $11,162 | $313,146 | $2,107 | $141 | $323 | $2,571 | $110,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.62% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Chattanooga area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hamilton County, TN | $348,511 | -1.0% | 0.62% |
| Walker County, GA | $241,479 | +1.4% | 0.75% |
| Catoosa County, GA | $290,417 | +0.4% | 0.65% |
| Marion County, TN | $254,750 | +1.2% | 0.43% |
| Dade County, GA | $252,687 | +1.4% | 0.57% |
| Sequatchie County, TN | $281,765 | +2.9% | 0.45% |
What can you afford in Tennessee on your salary? · Tennessee home prices · Salaries in Tennessee
Frequently asked questions
How much is a house in Chattanooga?
The typical home in the Chattanooga, TN metro area is worth $318,922 (Zillow, September 2026).
What salary do you need to buy a house in Chattanooga?
About $87,400 a year for the typical home with 20% down at 7.11%.