Cities with the most expensive homes in the Chattanooga metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Chattanooga metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 36 cities and towns.

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#30. Lafayette, GA

- Typical home value: $227,172
- 1-year price change: +1.7%
- 5-year price change: +22.4%

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#29. Wildwood, GA

- Typical home value: $233,177
- 1-year price change: +0.6%
- 5-year price change: +36.4%

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#28. New Hope, TN

- Typical home value: $236,414
- 1-year price change: +5.0%
- 5-year price change: data not available

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#27. Powells Crossroads, TN

- Typical home value: $236,900
- 1-year price change: +2.6%
- 5-year price change: +38.6%

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#26. Trenton, GA

- Typical home value: $241,671
- 1-year price change: -1.3%
- 5-year price change: +23.7%

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#25. Fort Oglethorpe, GA

- Typical home value: $246,317
- 1-year price change: +0.5%
- 5-year price change: +29.9%

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#24. East Ridge, TN

- Typical home value: $256,440
- 1-year price change: -2.6%
- 5-year price change: +26.6%

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#23. Flintstone, GA

- Typical home value: $257,463
- 1-year price change: +1.8%
- 5-year price change: +31.5%

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#22. Jasper, TN

- Typical home value: $262,244
- 1-year price change: +0.8%
- 5-year price change: +37.2%

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#21. Chickamauga, GA

- Typical home value: $273,144
- 1-year price change: +2.3%
- 5-year price change: +26.3%

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#20. Kimball, TN

- Typical home value: $273,992
- 1-year price change: -1.0%
- 5-year price change: +37.1%

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#19. Dunlap, TN

- Typical home value: $274,021
- 1-year price change: +3.0%
- 5-year price change: +29.5%

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#18. Sequatchie, TN

- Typical home value: $280,638
- 1-year price change: +4.7%
- 5-year price change: +29.2%

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#17. Rising Fawn, GA

- Typical home value: $285,377
- 1-year price change: +4.2%
- 5-year price change: +30.5%

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#16. Sale Creek, TN

- Typical home value: $305,728
- 1-year price change: +1.4%
- 5-year price change: +22.0%

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#15. Red Bank, TN

- Typical home value: $308,574
- 1-year price change: -2.1%
- 5-year price change: +19.9%

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#14. Ringgold, GA

- Typical home value: $318,067
- 1-year price change: +1.4%
- 5-year price change: +27.9%

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#13. Chattanooga, TN

- Typical home value: $319,185
- 1-year price change: -1.2%
- 5-year price change: +21.5%

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#12. Rock Spring, GA

- Typical home value: $323,230
- 1-year price change: +2.0%
- 5-year price change: +32.5%

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#11. Monteagle, TN

- Typical home value: $338,587
- 1-year price change: +2.3%
- 5-year price change: +27.6%

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#10. Harrison, TN

- Typical home value: $338,803
- 1-year price change: -1.1%
- 5-year price change: +25.1%

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#9. Birchwood, TN

- Typical home value: $358,641
- 1-year price change: +1.4%
- 5-year price change: +23.2%

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#8. Soddy-Daisy, TN

- Typical home value: $358,922
- 1-year price change: -0.2%
- 5-year price change: +24.5%

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#7. Lakesite, TN

- Typical home value: $390,371
- 1-year price change: -3.4%
- 5-year price change: +20.7%

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#6. Collegedale, TN

- Typical home value: $415,285
- 1-year price change: -0.3%
- 5-year price change: +26.8%

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#5. Ooltewah, TN

- Typical home value: $439,586
- 1-year price change: -1.4%
- 5-year price change: +24.6%

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#4. Lookout Mountain, GA

- Typical home value: $477,232
- 1-year price change: +4.6%
- 5-year price change: +37.1%

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#3. Signal Mountain, TN

- Typical home value: $634,620
- 1-year price change: +1.8%
- 5-year price change: +36.4%

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#2. Walden, TN

- Typical home value: $702,501
- 1-year price change: +2.5%
- 5-year price change: +39.7%

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#1. Lookout Mountain, TN

- Typical home value: $1,064,845
- 1-year price change: +6.3%
- 5-year price change: +49.6%

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