Chattanooga Sales Slow, Inventory Up, Neighborhood Shifts: Market Changes in Chattanooga

In this episode, Blake Watson breaks down the latest MLS market data for Chattanooga Tennessee from November 2025 and compares it with November 2024. Inventory is rising, sales are shifting, and different neighborhoods are performing very differently. Whether you are buying, selling, or planning for 2026, this is an episode you will want to hear.Key Market Highlights:MLS-Wide OverviewInventory up 21 percent, reaching the highest level since 2016Closed sales down 19 percent (785 to 636)Median price nearly flat ($337,000 to $340,000)Average days on market now 52 daysMarket trending toward a more balanced and cooling environmentCity of Chattanooga Inventory up 24 percentSales down 12 percentPrices up 8 percent ($340,000 to $367,750)Days on market increased from 39 to 49 daysStrong pricing power close to the urban coreZIP Code Spotlights37421 – East BrainerdInventory up 92 percent (147 to 282)Sales up 30 percentMedian price up 13 percent ($362,500 to $411,195)Absorption rate at 5.65 months, indicating a balanced marketSignificant influence from new construction activity37363 – OoltewahInventory up 19 percentSales down 47 percent (76 to 40)Prices down 5.5 percentDays on market improved from 54 to 44Market split between well-priced homes selling quickly and overpriced homes sitting37343 – HixsonInventory up 55 percentSales nearly flat year over yearPrices down 11 percentFast-moving segment with an average of 33 days on marketGeorgia CountiesCatoosa CountyInventory up 7 percentSales down 17.5 percentMedian price slightly higher with a 1.2 percent increaseAbsorption rate approximately 3.5 monthsConsistent and steady pricing environmentWalker CountyInventory up 15.5 percentSales down 30.5 percentPrices down nearly 5 percentAbsorption rate at 4 months, indicating a balanced marketBig Takeaways Heading Into 2026Inventory is significantly higher, giving buyers more optionsRising days on market means sellers should expect longer selling timelinesPrice trends vary widely by area, emphasizing the importance of local neighborhood dataThe overall market is balanced, offering stability to both buyers and sellersMortgage rates are holding in the low six percent range and may gradually decline in 2026Blake Watson is an agent with Epique Realty and is licensed in Tennessee and Georgia.Contact Blake by phone or text 423-315-1815Website: athomechattanooga.comInstagram: @rocknrollblakeFacebook and LinkedIn: Blake WatsonBrokerage: Epique Realty, 888-893-3537