Ooltewah, TN housing market
The typical Ooltewah home is worth about $440,000, down 1.4% in a year, 32% above the Tennessee typical home.
Home values, sales, trends and how Ooltewah compares with the towns next door — updated as new data is published.
Ooltewah at a glance
Typical home value, 2016–2026
Show as a table
| January | Ooltewah | Tennessee |
|---|---|---|
| 2017 | $246,000 | $174,000 |
| 2018 | $261,000 | $187,000 |
| 2019 | $273,000 | $198,000 |
| 2020 | $289,000 | $215,000 |
| 2021 | $315,000 | $238,000 |
| 2022 | $377,000 | $287,000 |
| 2023 | $413,000 | $313,000 |
| 2024 | $430,000 | $326,000 |
| 2025 | $446,000 | $334,000 |
| 2026 | $446,000 | $333,000 |
| August 2026 | $440,000 | $334,000 |
Ooltewah and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Ooltewah | $440K | −1.4% | $1,870 | — | $62,292 |
| Collegedale | $415K | −0.3% | $1,760 | 34 | $70,246 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,870
HUD's Fair Market Rent for a two-bedroom in Ooltewah is $1,870 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ooltewah pay a median of $1,717.
Studio $1,630 · 4 bedrooms $2,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37363; Chattanooga, TN-GA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.