Chattanooga, September 21, 2025
News Summary
Chattanooga’s housing market is experiencing a significant shift with increased inventory and stabilized home prices. Several homes priced around $300,000 are available, including newly constructed townhouses, single-family homes, and renovated cottages. This shift indicates a favorable trend for buyers seeking diverse options in the real estate market. Homes like the brand-new townhouse at 1914 Addi Lane and the updated cottage at 104 S. St. Marks Ave. present appealing opportunities for families and professionals alike.
Chattanooga is experiencing a notable shift in its housing market, characterized by an increased inventory and the stabilization of home prices. As of now, several homes priced around $300,000 are available, showcasing a range of opportunities for potential buyers.
At the top of this segment is a townhouse located at 1914 Addi Lane, asking for $300,000. This brand-new East Brainerd property, finished in 2024, spans 1,674 square feet and sits on a 2.88-acre lot. The townhouse features three bedrooms and two and a half bathrooms, making it suitable for families. It is conveniently located across from East Brainerd Elementary School and is just a five-minute drive from Erlanger East Hospital and Hamilton Place Mall, with downtown Chattanooga being a mere 20 minutes away. The property also involves a homeowners’ association fee of $1,200 per year, inclusive of landscaping and trash service. Interior highlights include a tri-level layout with an eat-in kitchen, pantry, stone counters, and a primary suite with a balcony.
Another option is 4009 Kirkland Ave., listed at $295,000. This new single-family home in South Chattanooga is still under construction, with an expected completion date of September 30. It offers 1,488 square feet of space, with four bedrooms and two bathrooms. Located about 2 miles from St. Elmo and 4 miles from downtown, it features an open-concept design, a kitchen equipped with granite counters and energy-efficient appliances, and a primary suite with dual closets. The property sits on 7,841 square feet of land with a covered front and back porch.
The third listing, 104 S. St. Marks Ave., is a fully updated cottage in Brainerd, also priced at $295,000. Built in 1940, this home has been renovated and includes four bedrooms and two bathrooms, spread across 1,582 square feet. The property is approximately 10 minutes from downtown Chattanooga and Hamilton Place Mall. Key interior features include hardwood floors, marble countertops in the kitchen, and an unfinished basement. The well-manicured exterior is complemented by a fenced-in backyard and a covered front porch.
The Chattanooga housing market overall is stabilizing, with an increase in the supply of homes for sale, reaching its highest levels in a decade. This surge comes after a period of supply shortages and signifies a shift that could benefit buyers looking for a more diverse range of options.
The increasing availability of homes in Chattanooga is notable as it follows a years-long trend of decreasing supply, leading to heightened competition among buyers. This new equilibrium in the market means more choices for buyers at various price points, including those looking for homes priced around $300,000.
In summary, Chattanooga’s housing market is seeing a fresh influx of inventory with several appealing options for prospective homeowners. From newly constructed homes in desirable neighborhoods to fully updated vintage properties, the current offerings provide diverse choices for families, professionals, and newcomers alike.
Key Features Summary Chart
| Property | Asking Price | Type | Bedrooms | Bathrooms | Size (sq ft) | Price per Square Foot |
|---|---|---|---|---|---|---|
| 1914 Addi Lane | $300,000 | Townhouse | 3 | 2.5 | 1,674 | $179 |
| 4009 Kirkland Ave. | $295,000 | Single-family Home | 4 | 2 | 1,488 | $198 |
| 104 S. St. Marks Ave. | $295,000 | Cottage | 4 | 2 | 1,582 | $186 |
Frequently Asked Questions
What are the available homes around $300,000 in Chattanooga?
The available homes around $300,000 in Chattanooga include:
- 1914 Addi Lane – Asking Price: $300,000, Type: Townhouse, Bedrooms: 3, Bathrooms: 2.5, Size: 1,674 sq ft.
- 4009 Kirkland Ave. – Asking Price: $295,000, Type: Single-family home, Bedrooms: 4, Bathrooms: 2, Size: 1,488 sq ft.
- 104 S. St. Marks Ave. – Asking Price: $295,000, Type: Cottage, Bedrooms: 4, Bathrooms: 2, Size: 1,582 sq ft.
What is the current state of the Chattanooga housing market?
The Chattanooga housing market is stabilizing with increased inventory, and the supply of existing homes for sale is at the highest level in a decade after hitting lows four years ago.
Deeper Dive: News & Info About This Topic
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Chattanooga Engages in Property Tax Rate Discussions
Chattanooga Real Estate Professionals Face Disciplinary Actions
Tennessee Department Enforces Real Estate Standards in Chattanooga
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Additional Resources
- Times Free Press: Residential Real Estate
- Wikipedia: Chattanooga
- Redfin: Is Chattanooga a Good Place to Live?
- Encyclopedia Britannica: Chattanooga
- Norada Real Estate: Tennessee Housing Market
- Google Search: Chattanooga housing market
Author: STAFF HERE CHATTANOOGA WRITER
The CHATTANOOGA STAFF WRITER represents the experienced team at HEREChattanooga.com, your go-to source for actionable local news and information in Chattanooga, Hamilton County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Riverbend Festival, Chattanooga Oktoberfest, and Moon River Festival. Our coverage extends to key organizations like the Chattanooga Area Chamber of Commerce and United Way of Greater Chattanooga, plus leading businesses in manufacturing, insurance, and utilities that power the local economy such as Volkswagen Chattanooga, BlueCross BlueShield of Tennessee, and EPB. As part of the broader HERE network, including HEREBristol.com, HEREKnoxville.com, HEREMemphis.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
