Before gearing up to move to a new area, it makes sense that people want to conduct some research on the best cities and neighborhoods to live in. Most people's priorities are wanting to live in an area with the best school district, low crime rates, and a variety of activities to stay busy.
If you're looking to plant your roots in a city with diverse neighborhoods and a strong love for music, Chattanooga, Tennessee might be the place for you. What once was known to be one of the worst places in Tennessee is now the product of a $100 million revitalization project.
Chattanooga's first turnaround was its riverfront, which was a $120 million project completed in 2005 that paved the way for popular events like the Ironman Triathlon and the RiverRocks festival. A technology evolution came next in 2010 when Chattanooga's electric power board premiered the fastest Internet service in the country.
The city is continuously moving forward with developments and advancements, making it one of the greatest places in Tennessee. To help you with your new home search, here are the five best neighborhoods to live in Chattanooga in 2019.
Lookout Mountain has long been considered one of the best-kept secrets of Chattanooga. With only a small population of 2,000, this community happily sits along the border of Tennessee and Georgia in a much-loved mountain range.
Here you can find an excellent public school system, well-funded recreational programs, and houses with breathtaking views. Not only is Lookout Mountain just minutes from Downtown Chattanooga, but it is also home to the area’s best attractions such as Ruby Falls, Incline Railway, and Rock City.
The median home value in Lookout Mountain is a little high. According to May data from Zillow, the median home value is $503,100 and home values went up 1.6% in 2018. They’re expected to rise another 3.1% in 2019.
If you prefer renting, you can expect to pay around $3,000 a month for a single family home. These prices are considered to be worth it for this area because no amount of money will make up for the views each house has.
If you love mountain views, you’re in for quite a treat over at Signal Mountain. Signal Mountain, located on Walden Ridge, is known for its breathtaking views of the valley and the Tennessee River, especially from Signal Point.
For residents who enjoy golfing, the private Signal Mountain Golf Club lets members enjoy the country club lifestyle. In addition to its outdoor amenities, Signal Mountain also features the Mountain Arts Community Center, Signal Mountain Playhouse, and local restaurants.
Signal Mountain is currently in a hot sellers market. The median home value in Signal Mountain is $339,400. Home values here have gone up 4.1% since 2018 and will rise by 2.6% during 2019. The median price of homes currently listed in Signal Mountain is $430,250. For residents who prefer renting to buying, the rental rates here are fairly low, sitting at around $1,700 a month.
If you prefer to live a more fast-paced life, Hixson is the perfect mix between urban and suburban living. This community is located just 15 minutes from Downtown Chattanooga providing easy access but featuring luxurious homes away from the hustle and bustle of the city.
Hixson is home to several local attractions, including Northgate Mall, Northtowne Center, North Chickamauga Creek Conservancy, and Chickamauga Dam.
The median home value in Hixson is $149,700. Home values here have gone up 6.5% since 2018 and will rise by 4.6% during 2019. The median list price per square foot in Hixson is $145, which is higher than the Chattanooga Metro average of $134. The median price of homes currently listed in Hixson is $260,000. Renting prices here are just under $1,400 a month, making it affordable to choose that option.
Red Bank is a quiet town just minutes from all the fun of Downtown Chattanooga. It’s nestled along Signal Mountain with a small community of 12,000. This city offers beautiful homes and stunning views.
Some of Red Bank’s amenities include a community swimming pool, ball fields, and playgrounds. Another plus is the Tennessee River and Tennessee Riverpark are just a few minutes away.
The median home value in Red Bank is $162,800. Red Bank home values have gone up 13.0% since 2018 and will rise by 6.9% during 2019. The median list price per square foot in Red Bank is $160, which is higher than the Chattanooga Metro average of $134. With the number of great homes and amenities, you’re getting one of the best real estate deals in all of Chattanooga in Red Bank.
East Brainerd is a small community of 14,000, located about 20 minutes from Downtown Chattanooga. It’s best known for its shopping centers, well-rooted neighborhoods, and Southern lifestyle. Along with its neighbor Brainerd, this area offers plenty of big-city amenities in a convenient location.
Here, most residents choose to live in single-family homes and townhomes. The real estate market in East Brainerd is heating up and currently sits in a sellers market. The median home value in East Brainerd is $221,400. East Brainerd home values have gone up 6.9% since 2018 and will rise by 4.4% during 2019. The median price of homes currently listed in East Brainerd is $323,850.
Finding the best place to live in Chattanooga, TN may be difficult no matter how much you learn about the area. However, you would benefit immensely from working with a local real estate agent such as a Clever Partner Agent. A realtor can provide insight into the best neighborhoods to buy a home that fits your lifestyle and budget.