37404 — Chattanooga, TN Home Values
Typical home value $262,731 as of June 2026 · 31st of 49 in Chattanooga, TN-GA
Blue: typical home value (Zillow ZHVI) in ZIP code 37404, June 2021 to June 2026. This page shows observed data only; no forecast.
How 37404 compares in the Chattanooga, TN-GA area
ZIP code 37404 (Chattanooga, TN) has a typical home value of $262,731 as of June 2026, ranking 31st of 49 ZIP codes tracked in the Chattanooga, TN-GA area, more expensive than about 39% of ZIP codes in the metro. Prices here have moved +0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.3%, from $220,156 in June 2021 to $262,731 in June 2026. Against observed rent, the typical home here sells for 13.1× the annual rent ($1,677/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 37404 has a population of 13,883, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 40.8% White, 39.3% Black or African American, 15.3% Hispanic or Latino, 3.9% two or more races, 0.6% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Chattanooga Preparatory School | 1815 Union AVE, Chattanooga, TN | 0.4 mi |
| Montessori Elementary at Highland Park | 700 S. Hawthorne ST, Chattanooga, TN | 0.4 mi |
| East Side Elementary School | 1603 South Lyerly ST, Chattanooga, TN | 0.4 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 37404?
$262,731 as of June 2026, the latest month Zillow has published observed data for.
Is 37404 an expensive ZIP code in the Chattanooga, TN-GA area?
37404 ranks 31st of 49 ZIP codes in the Chattanooga, TN-GA area by typical home value, more expensive than about 39% of ZIP codes in the metro.
How much have home values in 37404 changed over the past year?
+0.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 37404?
The typical home price is 13.1× the observed annual rent in this ZIP code ($1,677/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 37404?
13,883, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 37404?
Chattanooga Preparatory School (0.4 mi), Montessori Elementary at Highland Park (0.4 mi), East Side Elementary School (0.4 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 37404?
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.