Lookout Mountain, TN is a great place to buy a house. According to the data, the median value of a home in Lookout Mountain is $738,300, which is significantly higher than the US median value of $338,100. This difference reflects the desirability of this area for potential homeowners. Additionally, over the last year house appreciation in Lookout Mountain has been 13.88%, much higher than the US 1-year appreciation rate of 8.27%. These numbers make it clear that investing in real estate in Lookout Mountain is a sound choice for any homeowner.
The median home cost in Lookout Mountain (zip 37350) is $738,300. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Lookout Mountain (zip 37350) is up 22.8%.
Average Age of Homes
- The median age of Lookout Mountain (zip 37350) real estate is 66 years old
The Rental Market in Lookout Mountain (zip 37350)
- Renters make up 11.1% of the Lookout Mountain (zip 37350) population
- 0.0% of houses and apartments in Lookout Mountain (zip 37350), 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.