The story of this market
The typical home in ZIP 37421 sells for about $409,450, or $205 per square foot.
Prices are down 4.67% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,405 a month.
ZIP 37421 — Chattanooga
The 37421 housing market is experiencing a period of price stabilization following years of rapid appreciation. While inventory levels have increased, demand remains supported by the area's strong employment base and suburban appeal, leading to a balanced market environment.
This ZIP is ideal for families and professionals seeking suburban living with convenient access to major retail hubs and highway corridors, offering a balance of established neighborhoods and newer construction.
Median prices moved down 4.7% year over year.
Homes spend a median of 48 days on market with 4.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 10.9% — a stable, low-distress profile.
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 9.2%/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 6.4%/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 37421, 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 rates in the 37421 area are generally consistent with suburban Chattanooga averages, though property crime remains a primary focus for local law enforcement.
The area is served by Hamilton County Schools, with several schools maintaining average to above-average performance ratings within the district.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas, with standard insurance requirements for homeowners.
The area benefits from proximity to the Hamilton Place commercial district and ongoing residential development, supported by major regional employers in healthcare and logistics.
Property taxes are assessed by Hamilton County based on a state-mandated appraisal ratio, with additional municipal taxes levied by the City of Chattanooga.
Residents typically face a 20-30 minute commute to downtown Chattanooga via I-75 and Highway 153, with traffic congestion common during peak hours.
The ZIP features access to local parks like Enterprise South Nature Park and proximity to Hamilton Place Mall for extensive shopping and dining options.
The rental market is competitive with a mix of single-family homes and apartment complexes, showing stable demand and moderate vacancy pressure.
The local economy is anchored by healthcare, logistics, and retail sectors, with significant employment hubs located along the I-75 corridor.
The area is heavily reliant on personal vehicles, with I-75 serving as the primary artery for regional transit and commuting.
Ongoing development focuses on mixed-use residential projects and infrastructure improvements to support the growing suburban population.
The Hamilton County Assessor of Property manages assessments, with reappraisals conducted on a multi-year cycle to reflect market value changes.
Parcels are subject to Hamilton County and City of Chattanooga tax jurisdictions, with specific utility districts providing water and sewer services.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being common requirements.
Tennessee continues to see positive net domestic migration, with the Chattanooga MSA attracting residents from higher-cost urban centers.
Tennessee is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults under the deed of trust.
Sellers are required to provide a residential property disclosure statement, though many transactions are sold 'as-is' with buyer due diligence.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Lake Winnepesaukah Amusement Park4.16.7 mi
- Creative Discovery Museum4.78.7 mi
- Dave & Buster’s Chattanooga4.40.6 mi
- Spare Time Chattanooga4.44.1 mi
- Urban Air Trampoline and Adventure Park4.30.8 mi
- Chattanooga Convention Center4.68.7 mi
- Feed Table and Tavern4.68.6 mi
- Soldiers and Sailors Memorial Auditorium4.68.3 mi
- Golden Corral Buffet & Grill4.48.1 mi
- Topgolf Chattanooga4.34.1 mi
- Tennessee Aquarium4.78.7 mi
- Chattanooga Zoo4.47 mi
- Ruby Falls4.610.4 mi
- Lookout Mountain Incline Railway4.49.9 mi
- Coolidge Park4.78.5 mi
- Tennessee Valley Railroad Museum4.83.3 mi
- Ruby Falls4.610.4 mi
- Creative Discovery Museum4.78.7 mi
- Chattanooga Choo Choo Historic District4.48.4 mi
- Hunter Museum of American Art4.78.4 mi
- Rock City Gardens4.711.8 mi
- Little Debbie Park4.85 mi
- Ruby Falls4.610.4 mi
- Coolidge Park4.78.5 mi
- Chickamauga Battlefield Visitor Center4.89 mi
- Harbor Lights Marina4.411.9 mi
- Island Cove Marina & Resort4.56.8 mi
- Lakeshore Marina4.25.7 mi
- Island Cove Marina4.56.6 mi
- Chickamauga Marina4.65.1 mi
- Topgolf Chattanooga4.34.1 mi
- Bear Trace at Harrison Bay (TN Golf Trail)4.611.1 mi
- Moccasin Bend Golf Course410 mi
- Brown Acres Golf Course3.73 mi
- Chattanooga Golf and Country Club4.57.2 mi
- Hamilton Place4.30.5 mi
- Publix Super Market on North Market Street4.68.6 mi
- Publix Super Market at Village at Waterside4.70.5 mi
- Northgate Mall47.7 mi
- Publix Super Market at Mount Vernon Point4.69.6 mi
- Chattanooga Metropolitan Airport4.42.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large nature preserve with extensive hiking and biking trails.
Major regional shopping destination serving the Chattanooga area.
Multi-use park with sports fields and event facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.