According to a market summary provided by Trulia for the Chattanooga area, now might be a good time to purchase that home.
With a median sales price of $130,000, $103 average price per square foot, and $1150 median rent per month, the Chattanooga market is already looking strong. But those are only averages, and they fluctuate from month to month throughout the year. Based on the data collected, here are those same averages spread out over a year.
As you can see, in every chart, the time between the end of January and the very beginning of April are some of the cheapest times to buy or rent. So whether you’re looking to move, invest, or upgrade, now may be the time! Feel free to call us for assistance. Our agents are knowledgeable and ready to serve.
The above information came from Trulia.com data, which can be found here.