Construction Value
$160.3M ▼ 3.5%
Units Permitted
1,037 ▼ 7.5%
Avg Value / Unit
$155K
2024 · Census Bureau Building Permits Survey
Construction activity in Chattanooga slowed in 2024, down 7.5% from the prior year with 1,037 housing units permitted. At $155K per unit, new builds are 39% below the Hamilton County average of $254K, indicating more affordable construction. Volume is 1,403% above the county average of 69 units, suggesting faster-than-typical growth. 52.5% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$877
per resident
County avg: $9K-90%
$1.1M
per square mile
Chattanooga vs. Hamilton County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 493 | 493 | $110.4M | 69% |
| ■ Duplex | 102 | 51 | $7.3M | 5% |
| ■ 3-4 Unit | 37 | 12 | $2.1M | 1% |
| ■ 5+ Unit | 405 | 24 | $40.5M | 25% |
County Ranking by Construction Volume
Among 8 permit-issuing towns in Hamilton County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →