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North Chattanooga Real Estate FAQs

Here are some of the hottest questions our clients are asking us.

The North Chattanooga housing market is displaying signs of competition, with a notable increase in property values. Last month, the median sale price of a home reached $518K, a robust growth of 11.9% from the previous year. The median price per square foot stands at $289, up 11.5% over the same period. This uptick, particularly in the overall sale price, may indicate an increased demand and willingness to invest in North Chattanooga, reflecting confidence in the local real estate market.

The North Chattanooga housing market is somewhat competitive. On average, homes are sold within 54 days, with some receiving multiple offers. While the average homes typically sell for around 1% below the list price and become pending in about 54 days, highly sought-after properties can sell for approximately 1% above the list price and may go pending in just around 34 days.

Chattanooga currently leans towards a seller's market. This typically results in higher prices and quicker sales, favoring those selling their properties.

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