Lookout Mountain, TN housing market
The typical Lookout Mountain home is worth about $1,065,000, up 6.3% in a year, 219% above the Tennessee typical home.
Home values, sales, trends and how Lookout Mountain compares with the towns next door — updated as new data is published.
Lookout Mountain at a glance
Typical home value, 2016–2026
Show as a table
| January | Lookout Mountain | Tennessee |
|---|---|---|
| 2017 | $499,000 | $174,000 |
| 2018 | $525,000 | $187,000 |
| 2019 | $558,000 | $198,000 |
| 2020 | $579,000 | $215,000 |
| 2021 | $630,000 | $238,000 |
| 2022 | $765,000 | $287,000 |
| 2023 | $842,000 | $313,000 |
| 2024 | $920,000 | $326,000 |
| 2025 | $999,000 | $334,000 |
| 2026 | $1,031,000 | $333,000 |
| August 2026 | $1,065,000 | $334,000 |
No new homes permitted in 2025
No permits for new homes were issued in Lookout Mountain in 2025. The last year with any was 2024 (2 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Lookout Mountain gained 226 residents while 15 new homes were permitted: about 15 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Tennessee: 2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $1.5 million |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 2 | 2 | 0 | $3 million |
| 2023 | 2 | 2 | 0 | $3.4 million |
| 2022 | 3 | 3 | 0 | $2.7 million |
| 2021 | 2 | 2 | 0 | $1.5 million |
| 2020 | 4 | 4 | 0 | $4.7 million |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 2 | 2 | 0 | $1.8 million |
| 2017 | 2 | 2 | 0 | $1.8 million |
| 2016 | 2 | 2 | 0 | $1.8 million |
| 2015 | 4 | 4 | 0 | $4.8 million |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 4 | 4 | 0 | $1.6 million |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $2.1 million |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $175,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 2 | 2 | 0 | $892,000 |
| 2006 | 2 | 2 | 0 | $950,000 |
| 2005 | 1 | 1 | 0 | $705,000 |
| 2004 | 4 | 4 | 0 | $1.8 million |
| 2003 | 2 | 2 | 0 | $255,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 3 | 3 | 0 | $1 million |
| 2000 | 4 | 4 | 0 | $950,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Lookout Mountain and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Lookout Mountain | $1.06M | +6.3% | $1,900 | 0 | $201,000 |
| Chattanooga | $319K | −1.2% | $1,500 | 893 | $64,523 |
| Lookout Mountain | $477K | +4.6% | $1,270 | 2 | $158,000 |
5.3 years of income
The typical Lookout Mountain home costs about 5.3 years of the town's median household income, more than across Tennessee (4.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,900
HUD's Fair Market Rent for a two-bedroom in Lookout Mountain is $1,900 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lookout Mountain pay a median of $1,428, so moving in tends to cost more than staying put. A two-bedroom takes about 11% of the town's median household income.
Studio $1,660 · 4 bedrooms $2,530
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37350; Chattanooga, TN-GA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.