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How competitive is the Chattanooga housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
32/100
YoY Challenging Market Conditions
Pending ratio
0.40
YoY contracts vs active
Inventory YoY
+0.3%
YoY active listings
Median DOM
53
YoY days on market
Price cuts
38.6%
YoY of active listings
Chattanooga is moderately competitive as of May 2026, with a Sold Score of 32/100 (Challenging Market Conditions). **Pending ratio** is 0.40 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +29.9% — more choices for buyers than a year ago. **Median days on market** is 53. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 38.6% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 32/100 (Challenging Market Conditions) · Pending ratio: 0.40 · Inventory YoY: +29.9% · Median days on market: 53 · Sellers cutting price: 38.6% · Median listing price: $399,900 (-3.6% YoY)

Chattanooga snapshot

As of the latest 2026 data
Median listing
$400K
YoY -0.0%
Active inventory
2,913
YoY +0.3%
Median DOM
59
YoY +0.1%
Pending ratio
0.39
YoY -0.0%
Price-reduced
23.8%
YoY -0.0%

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