Glenwood, Chattanooga, TN—37404
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glenwood, Chattanooga, TN
As of Oct '25, the median home price in Glenwood, Chattanooga, TN is $251,000, with a year-over-year change of -1.7%. This indicates that home prices in Glenwood, Chattanooga, TN are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $251,000 | -1.7% |
| Single Family | $250,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $228,000 | -2.1% |
3 Bed | $302,000 | 0.0% |
4 Bed | $398,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Glenwood, Chattanooga, TN
As of July '25, Rentcast reports the average rent in Glenwood, Chattanooga, TN is $1,520, with a year-over-year rent change of -1.9%. Per bedroom, the median rent as of July '25 in Glenwood, Chattanooga, TN is studios: $825, 1-bedrooms: $1,040, 2-bedrooms: $1,440, 3-bedrooms: $1,750, 4-bedrooms: $1,980. The most common rental property sizes in Glenwood, Chattanooga, TN are 2-bedroom and 3-bedroom, accounting for 38.1% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,520 |
| Studio Rent | $725 | $825 |
| 1 Bed Rent | $950 | $1,040 |
| 2 Bed Rent | $1,340 | $1,440 |
| 3 Bed Rent | $1,800 | $1,750 |
| 4 Bed Rent | $1,750 | $1,980 |
% of Rental Stock
Property Listings — Glenwood, Chattanooga, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Glenwood, Chattanooga, TN is 58. This is a increase of 35.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $343,000 | -1.0% |
Listing Count | 107 | 9.0% |
| Listings as % of Homes | 1.1% | 9.0% |
Days on Market | 58 | 35.0% |
Demographics — Glenwood, Chattanooga, TN
As of the latest ACS Survey released in 2023, Glenwood, Chattanooga, TN has a population of 13,900, which has increased by 8.7% over the past 5 years. Glenwood, Chattanooga, TN is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 31.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | 8.7% |
% Under 18 | 24.4% | 18.4% |
% Seniors | 13.1% | -2.2% |
% WFH | 14.8% | 164.3% |
% w/ College Degree | 31.8% | 60.6% |
As of the latest ACS Survey released in 2023, Glenwood, Chattanooga, TN is a predominantly black area, with 37.9% of the population identifying as black. The black population has shrunk by 30.3% in the last 5 years. The second most common race or ethnicity in Glenwood, Chattanooga, TN is white, making up 37.5% of the population. Foreign-born residents account for 11.4% of the population in Glenwood, Chattanooga, TN, and this percentage has increased by 72.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 37.5% | 22.1% |
% Black | 37.9% | -30.3% |
% Hispanic | 21.4% | 82.9% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 11.4% | 72.7% |
Mortgage and Risk — Glenwood, Chattanooga, TN
According to HUD data as of 2023, there were 166 mortgage originations in Glenwood, Chattanooga, TN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Glenwood, Chattanooga, TN. Investor activity is high, as 19.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 166 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 19.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Glenwood, Chattanooga, TN
As of 2024, the percent of homes in Glenwood, Chattanooga, TN under the Section 8 program is 20.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Glenwood, Chattanooga, TN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 535 |
Total Units Section 8 | 493 |
% Rentals under Section 8 | 20.9% |
% Occupied Section 8 | 77.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $950 | $1,160 |
| 2 Bedroom | -$50 | $1,340 | $1,290 |
| 3 Bedroom | -$180 | $1,800 | $1,620 |
| 4 Bedroom | $10 | $1,750 | $1,760 |
Affordability — Glenwood, Chattanooga, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $251,000 |
| Median Household Income | $53,600 |