37407 — Chattanooga, TN Home Values
Typical home value $128,587 as of June 2026 · 49th of 49 in Chattanooga, TN-GA
Blue: typical home value (Zillow ZHVI) in ZIP code 37407, June 2021 to June 2026. This page shows observed data only; no forecast.
How 37407 compares in the Chattanooga, TN-GA area
ZIP code 37407 (Chattanooga, TN) has a typical home value of $128,587 as of June 2026, ranking 49th of 49 ZIP codes tracked in the Chattanooga, TN-GA area, more expensive than about 2% of ZIP codes in the metro. Prices here have moved -2.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.4%, from $97,839 in June 2021 to $128,587 in June 2026. Against observed rent, the typical home here sells for 8.9× the annual rent ($1,198/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Chattanooga, TN-GA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Chattanooga.
Population and demographics
ZIP code 37407 has a population of 10,164, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 35% Hispanic or Latino, 30.8% Black or African American, 28.6% White, 4% two or more races, and 1.7% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| East Lake Academy Of Fine Arts | 2700 East 34th ST, Chattanooga, TN | 0.4 mi |
| Clifton Hills Elementary School | 1815 East 32nd ST, Chattanooga, TN | 0.5 mi |
| East Lake Elementary School | 3600 13th AVE, Chattanooga, TN | 0.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 37407?
$128,587 as of June 2026, the latest month Zillow has published observed data for.
Is 37407 an expensive ZIP code in the Chattanooga, TN-GA area?
37407 ranks 49th of 49 ZIP codes in the Chattanooga, TN-GA area by typical home value, more expensive than about 2% of ZIP codes in the metro.
How much have home values in 37407 changed over the past year?
-2.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 37407?
The typical home price is 8.9× the observed annual rent in this ZIP code ($1,198/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 37407?
10,164, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 37407?
East Lake Academy Of Fine Arts (0.4 mi), Clifton Hills Elementary School (0.5 mi), East Lake Elementary School (0.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 37407?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Chattanooga, TN-GA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.