37407, Chattanooga, TN

The 37407 zip code of Chattanooga, TN has a population of around 185,000 people. The median household income in this zip code is $53,500 and the median home value is $164,900. In terms of home equity, the average homeowner in this zip code has around $104,000 in equity.

When looking at home prices over time, it is interesting to note that the average price of homes in this zip code has increased by about 9% over the past five years. This increase can likely be attributed to a number of factors including an improving economy and low interest rates. Additionally, there are a number of new development projects underway in this area which are likely contributing to the high prices seen today.