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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $890K | N/A |
2 Bedrooms | $175K | $325K | +85.7% |
3 Bedrooms | $550K | $650K | +18.2% |
4 Bedrooms | $899K | $937.5K | +4.3% |
5+ Bedrooms | $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 | $411.5K | $495K | +20.3% |
Chattanooga | $315.1K | $338.2K | +7.3% |
Lookout Mountain | $900K | $925K | +2.8% |
Housing Supply in Lookout Mountain, TN
How many homes are available in Lookout Mountain, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 13 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 2 | 2 | 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 2023 | Mar 2024 | CHANGE |
---|---|---|
179 Days | 268 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.