April 2025 Chattanooga Real Estate Market Update
As spring breathes new energy into the region, Chattanooga’s housing market is following suit—with fresh listings, increased inventory, and a dynamic shift in buyer behavior. Whether you're watching the market as a current homeowner or preparing to buy, understanding these movements is key to making confident real estate decisions.
A Snapshot of the April 2025 Market
According to the latest data from Greater Chattanooga REALTORS®, the local market saw notable shifts across nearly every metric last month:
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Inventory: The number of homes for sale climbed to 2,995, marking a 41.5% increase month-to-date (MTD). This jump is giving buyers more choices, especially compared to the low-inventory environment seen throughout much of 2024.
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Median Sales Price: Home values continue their upward trend, with the median sales price now at $333,000, a 2.8% increase MTD. This reflects steady appreciation across Hamilton, Sequatchie, Catoosa, Dade, and Walker counties.
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Days on Market: Properties are spending slightly more time on the market, averaging 47 days, up 11.9% MTD. This suggests a normalization in the pace of sales as inventory expands.
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Pending Sales: Buyer activity softened slightly, with 1,004 pending contracts, a 3.2% dip from the previous month.
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Closed Sales: Closings totaled 930, down 5.1% MTD, a reflection of the cooling buyer urgency earlier in the year.
Seasonal Influence and Market Sentiment
Spring is traditionally one of the busiest seasons for real estate in Chattanooga, and this year is no exception. Warmer weather and increased daylight hours tend to encourage both listing activity and buyer engagement. What’s different in 2025, however, is how both are unfolding in tandem with shifting financial dynamics.
Interest rates remain a significant factor, hovering at levels that continue to shape buyer budgets and seller expectations. While affordability concerns linger for some first-time buyers, others are re-entering the market with more flexibility and confidence as inventory levels rise.
What This Means for Homeowners and Buyers
For homeowners, today’s market offers increased visibility, especially for well-prepared and competitively priced homes. The rise in median home values continues to support strong equity positions, making it a strategic time to assess long-term goals.
Prospective buyers, meanwhile, may find greater opportunity in the growing inventory and slightly slower pace. The additional time to explore options, combined with a more balanced playing field, creates room for thoughtful decision-making rather than rushed offers.
A Balanced and Informed Market Ahead
Overall, the Chattanooga real estate market is showing signs of healthy recalibration. Rising inventory, steady appreciation, and a more deliberate buyer approach all suggest a shift toward greater balance—an encouraging signal for both sides of the transaction.
As always, staying informed is one of the most powerful tools in navigating real estate with confidence. Whether you're keeping tabs on home values in Chattanooga or planning your next move, having a clear view of local housing trends helps you plan ahead with clarity.
