The housing market in Lookout Mountain, TN is extremely strong. The median value of homes in the area is $768,100, which is more than double the US median value of $338,100. In addition to this high home value, house appreciation over the past year has been 13.88%, significantly higher than the 8.27% appreciated seen across the nation. With such strong housing values and appreciation rates, Lookout Mountain remains an attractive place for potential homebuyers.
The median home cost in Lookout Mountain is $768,100. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Lookout Mountain is up 22.8%.
Average Age of Homes
- The median age of Lookout Mountain real estate is 66 years old
The Rental Market in Lookout Mountain
- Renters make up 11.1% of the Lookout Mountain population
- 0.0% of houses and apartments in Lookout Mountain, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.