Housing Prices in Lookout Mountain, TN

How much do homes in Lookout Mountain, TN cost?

Median List Price

$925,000

$287/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$25,000(+2.8%)

Key Takeaway

The list price of homes in Lookout Mountain has increased by 2.8% since last year.

Summary: The median home list price in Lookout Mountain was $925,000 in March 2024, up 2.8% from the previous year, and the median price per square foot was $287.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$890K
N/A
2 $175K$325K
+85.7%
3 $550K$650K
+18.2%
4 $899K$937.5K
+4.3%
5+ $1.5M$2.1M
+40.0%

Summary: Lookout Mountain housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 85.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 40%.

Median List Price Compared To Nearby Cities

Lookout Mountain
+20.3%
Chattanooga
+7.3%
Lookout Mountain
+2.8%

Housing Supply in Lookout Mountain, TN

How many homes are available in Lookout Mountain, TN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1013+30.0%

Summary: The Lookout Mountain real estate market had 13 homes for sale in March 2024, a 30.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 00
0.0%
3 33
0.0%
4 47
+75.0%
5+ 22
0.0%

Summary: The Lookout Mountain housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Days on Market for Lookout Mountain, TN

How long does it take to sell a home in Lookout Mountain, TN?

Average Listing Age

Mar 2023Mar 2024CHANGE
179 Days268 Days+49.0%

Summary: Homes in Lookout Mountain had an average listing age of 268 days in Mar 2024, up by 49% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Lookout Mountain, TN

Nearby Markets to Lookout Mountain, TN

What housing markets are near Lookout Mountain, TN?