HousingHandbookReference data

U.S. ZIP Code · TN37351

Hamilton County · Chattanooga, TN-GA

Typical home value

$235,345[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.1%
5-year / yr
+4.7%
10-year / yr
+7.9%

Relative price

vs U.S.
-17.2%
vs metro
-21.7%
vs state
-11.1%
ZIP 37351 location in TN
Location of ZIP 37351 in TN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 37351 is worth $235,345 — 21.7% below the Chattanooga, TN-GA median. Over the past year, values have fallen 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Hamilton County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
281[3]
Median household income
$50,250[3]

#Migration

Household moves in and out of Hamilton County over a year, from IRS tax-return data.

Net migration
+1,834[5]
Moved in
10,809
Moved out
8,975

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,190
Loan principal$188,276
Down payment$47,069
Total interest paid$240,136

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,622
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
7th percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 37351?
The typical home in 37351 is worth $235,345, based on the Zillow Home Value Index.
Are home values rising in 37351?
Home values in 37351 are down 1.1% over the past year, and up 4.7% a year over five years.
Who lives in 37351?
ZIP code 37351 has a population of 281 and a median household income of $50,250.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Chattanooga, TN

    Typical home
    $236,717
    Gross yield
    6.9%
  • Sequatchie CDP, TN

    Typical home
    $233,572
    Gross yield
  • Wildwood CDP, GA

    Typical home
    $230,922
    Gross yield
  • Trenton, GA

    Typical home
    $240,434
    Gross yield
  • New Hope, TN

    Typical home
    $225,702
    Gross yield
  • Powells Crossroads, TN

    Typical home
    $225,579
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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