Median home value in zip code 37408 (Chattanooga, TN) is $415,131, down 0.8% year over year. Part of the Chattanooga, TN-GA metropolitan area.

Home Value$415,131

YoY Change

-0.8%

Prices falling — better for buyers.

Affordability

Enter your income for 37408 (Chattanooga).

Income (annual)

Down Payment

$83,026 on $415,131

Example: $75,000 household income. Change it above to see your own.

Out of reach40.2% of income

Need $107,614/yr to afford.

PITI$2,511

P/I40.2%

Afford$289K

Gap-$126K

P&I $2,099Tax $246Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

37408 is part of the Chattanooga, TN-GA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Chattanooga, TN-GA analysis

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