Lookout Mountain, TN—37350
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lookout Mountain, TN
As of Oct '25, the median home price in Lookout Mountain, TN is $1,006,000, with a year-over-year change of 2.3%. This indicates that home prices in Lookout Mountain, TN are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,006,000 | 2.3% |
| Single Family | $1,061,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $1,112,000 | 1.7% |
| 5 Bed | $1,511,000 | 5.4% |
% of Housing Stock
Rental Trends — Lookout Mountain, TN
As of July '25, Rentcast reports the average rent in Lookout Mountain, TN is $1,800, with a year-over-year rent change of -40.0%. Per bedroom, the median rent as of July '25 in Lookout Mountain, TN is 2-bedrooms: $1,800. The most common rental property sizes in Lookout Mountain, TN are 2-bedroom and 3-bedroom, accounting for 62.5% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lookout Mountain, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Lookout Mountain, TN is 23. This is a increase of 59.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $835,000 | -18.0% |
Listing Count | 4 | -65.0% |
| Listings as % of Homes | 0.9% | -65.0% |
Days on Market | 23 | 59.0% |
Demographics — Lookout Mountain, TN
As of the latest ACS Survey released in 2023, Lookout Mountain, TN has a population of 2,110, which has increased by 6.0% over the past 5 years. Lookout Mountain, TN is a popular place for families, as children make up 26.6% of the population. The area has a highly educated workforce, with 88.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,110 | 6.0% |
% Under 18 | 26.6% | -0.7% |
% Seniors | 26.2% | 16.4% |
% WFH | 17.8% | 93.5% |
% w/ College Degree | 88.5% | 15.5% |
As of the latest ACS Survey released in 2023, Lookout Mountain, TN is a predominantly white area, with 97.3% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Lookout Mountain, TN is asian, making up 0.4% of the population. Foreign-born residents account for 3.4% of the population in Lookout Mountain, TN, and this percentage has increased by 209.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.3% | 1.6% |
% Black | 0.3% | -75.0% |
% Hispanic | 0.1% | -92.3% |
% Asian | 0.4% | -50.0% |
% Foreign Born | 3.4% | 209.1% |
Mortgage and Risk — Lookout Mountain, TN
According to HUD data as of 2023, there were 42 mortgage originations in Lookout Mountain, TN, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Lookout Mountain, TN. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Lookout Mountain, TN
Lookout Mountain, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,330 |
| 2 Bedroom | -$330 | $1,800 | $1,470 |
| 3 Bedroom | N/A | N/A | $1,860 |
| 4 Bedroom | N/A | N/A | $2,000 |
Affordability — Lookout Mountain, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $1,006,000 |
| Median Household Income | $195,000 |