Market Overview
Home Prices in Ooltewah, TN
The median home value in Ooltewah, TN is $446,718 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ooltewah are priced9% above average. Ooltewah is part of the Chattanooga, TN-GA metro area.
Over the past five years, Ooltewah home values have risen by approximately30.2%, reflecting strong long-term appreciation in this market.
Price History
Ooltewah Home Price Trend
City Comparison
Ooltewah vs. National Median
At $446,718, homes in Ooltewah cost 9% above the national median of $410,000. Buyers in Ooltewah should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ooltewah?
20% Down Payment
$89,344
on $446,718
Monthly P&I
$2,330/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,959/mo
incl. taxes & insurance
Income Needed
$118,360
gross annual (30% rule)
10% Down Option
$44,672
+ PMI applies
Loan Amount (20% dn)
$357,374
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ooltewah, TN?
The median home value in Ooltewah is $446,718 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Ooltewah?
Over the past year, home values in Ooltewah have decreased by 0.8%. Over five years, prices have risen approximately 30.2%.
How much do I need to earn to buy a home in Ooltewah?
To comfortably afford the median home price of $446,718 with a 20% down payment ($89,344) at today's rates (6.8%), you'd need a gross annual income of approximately $118,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Ooltewah compare to the national average home price?
The national median home value is approximately $410,000. At $446,718, homes in Ooltewah are 9% above the national average.
What metro area is Ooltewah part of?
Ooltewah is part of the Chattanooga, TN-GA metropolitan area. Home prices and market conditions can vary across the broader metro region.