Metro area index
Home appreciation in the Chattanooga, TN-GA metro area
FHFA HPI® data shows the Chattanooga, TN-GA metro area's all-transactions index changed +1.9% over the year to Q2 2026, versus +2.6% for Tennessee and +3.0% for the U.S. That ranks 286th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +1.9%
- 5-year change
- +51.5%
- Since Q1 1995
- +315%
- Metro rank (1 year)
- 286th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Chattanooga, TN-GA vs Tennessee and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Chattanooga, TN-GA: 414.7
- Tennessee: 413.2
- United States: 391.6
Appreciation by time window
| Window | Metro | TN | U.S. | Gap vs TN | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.9% | +2.6% | +3.0% | −0.7 pts | −1.1 pts |
| 3 years | +13.2% | +11.8% | +12.9% | +1.3 pts | +0.3 pts |
| 5 years | +51.5% | +50.0% | +41.3% | +1.5 pts | +10.2 pts |
| 10 years | +120% | +119% | +93.3% | +0.7 pts | +26.4 pts |
| Since Q1 1995 | +315% | +313% | +292% | +1.5 pts | +23.2 pts |
3-digit ZIP regions in the Chattanooga, TN-GA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 374 · Chattanooga, TN area | TN | +0.9% | +49.1% | +352% | 100% |
| 307 · Dalton, GA area | GA | +4.2% | +56.0% | +282% | 41% |
| 373 · Cleveland, TN area | TN | +2.6% | +55.5% | +306% | 32% |
Boom, bust, and recovery in Chattanooga, TN-GA area
Chattanooga, TN-GA area's index peaked in Q1 2008, fell 7.5% to its low in Q2 2011, and regained its peak in Q3 2015, about 7.5 years after the top. Today it sits +128% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2008 | Q2 2011 | -7.5% | Q3 2015 (7.5 yrs) | +128% |
| TN | Q1 2008 | Q2 2011 | -8.9% | Q2 2015 (7.2 yrs) | +134% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Chattanooga, TN-GA area's index has changed +87.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | TN after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.9% | -1.2% | -0.8% |
| 3 years | +9.8% | +3.1% | +1.9% | +2.8% |
| 5 years | +24.0% | +22.1% | +20.9% | +13.9% |
| 10 years | +39.1% | +58.0% | +57.5% | +39.0% |
| Since Q1 1995 | +121% | +87.3% | +86.6% | +76.8% |
If you bought in the Chattanooga, TN-GA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +303% | $1,210,213 |
| Q2 2000 | +227% | $980,396 |
| Q2 2005 | +151% | $752,158 |
| Q2 2010 | +140% | $720,201 |
| Q2 2015 | +128% | $684,540 |
| Q2 2020 | +74.2% | $522,518 |
| Q2 2021 | +51.5% | $454,526 |
| Q2 2023 | +13.2% | $339,524 |
| Q2 2025 | +1.9% | $305,750 |
Frequently asked questions
- How much have home prices risen in the Chattanooga, TN-GA area?
- FHFA HPI® data for the Chattanooga, TN-GA metro area shows changes of +1.9% over one year, +51.5% over five years, and +120% over ten years to Q2 2026, and +315% since Q1 1995.
- Is the Chattanooga, TN-GA area beating the national average?
- Over the past year the metro's index moved −1.1 pts versus the U.S.; over five years the gap is +10.2 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.