37405 — Red Bank, TN Home Values
Typical home value $457,784 as of June 2026 · 5th of 49 in Chattanooga, TN-GA
Blue: typical home value (Zillow ZHVI) in ZIP code 37405, June 2021 to June 2026. This page shows observed data only; no forecast.
How 37405 compares in the Chattanooga, TN-GA area
ZIP code 37405 (Red Bank, TN) has a typical home value of $457,784 as of June 2026, ranking 5th of 49 ZIP codes tracked in the Chattanooga, TN-GA area, more expensive than about 92% of ZIP codes in the metro. Prices here have moved +0.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.0%, from $357,738 in June 2021 to $457,784 in June 2026. Against observed rent, the typical home here sells for 24.8× the annual rent ($1,536/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 37405 has a population of 18,535, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 82.7% White, 6.3% two or more races, 4.2% Black or African American, 3.5% Asian, 2.3% Hispanic or Latino, and 1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Signal Mountain Middle/High School | 2650 Sam Powell TRL, Signal Mountain, TN | 2.4 mi |
| Nolan Elementary School | 4435 Shackleford Ridge RD, Signal Mountain, TN | 2.4 mi |
| Thrasher Elementary School | 1301 James BLVD, Signal Mtn, TN | 3 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 37405?
$457,784 as of June 2026, the latest month Zillow has published observed data for.
Is 37405 an expensive ZIP code in the Chattanooga, TN-GA area?
37405 ranks 5th of 49 ZIP codes in the Chattanooga, TN-GA area by typical home value, more expensive than about 92% of ZIP codes in the metro.
How much have home values in 37405 changed over the past year?
+0.1% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 37405?
The typical home price is 24.8× the observed annual rent in this ZIP code ($1,536/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 37405?
18,535, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 37405?
Signal Mountain Middle/High School (2.4 mi), Nolan Elementary School (2.4 mi), Thrasher Elementary School (3 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 37405?
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.