New - 3 days on Rocket
$4,026 Closing Credit¹
#2794565, Emily Berryman, Listing Office: Zach Taylor Chattanooga
Lookout Valley / Lookout Mountain Housing Market Report January 2025•Hamilton County, Tennessee
Housing Prices in Lookout Valley / Lookout Mountain, TN
How much do homes in Lookout Valley / Lookout Mountain, TN cost?
Housing Market Conditions
Is Lookout Valley / Lookout Mountain, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lookout Valley / Lookout Mountain is a Seller's Market
Difference Since January 2024
Since last year, Lookout Valley / Lookout Mountain has remained a Seller's Market.
Insight
Lookout Valley / Lookout Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$549,000$256/SqFt
-$16,000
-2.8%
Based on all homes sold in the last 12 months
Insight
Homes in Lookout Valley / Lookout Mountain have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Lookout Valley / Lookout Mountain was $549,000 in January 2025, down 2.8% from last year, and the median price per square foot was $256.
Median Sold Price By Neighborhoods
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Downtown Chattanooga | $459.9K | $475K | +3.3% |
| Lookout Valley / Lookout Mountain | $565K | $549K | -2.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $253.4K | $225K | -11.2% |
| 22 Bedrooms | $218.5K | $237.2K | +8.6% |
| 33 Bedrooms | $370K | $494.9K | +33.8% |
| 44 Bedrooms | $732.9K | $810K | +10.5% |
| 55+ Bedrooms | $1.1M | $1.3M | +20.2% |
Summary: Lookout Valley / Lookout Mountain housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -11.2%. The home price for 2 bedroom homes increased by +8.6%. The home price for 3 bedroom homes increased by +33.8%. The home price for 4 bedroom homes increased by +10.5%. The home price for 5 bedroom homes increased by +20.2%.
Housing supply in Lookout Valley / Lookout Mountain, TN
How many homes are available in Lookout Valley / Lookout Mountain, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 96Last MonthJan 2025 | ||
| 1002 months agoDec 2024 | -4.0 % Change MoMDec – Jan |
Summary: The Lookout Valley / Lookout Mountain real estate market had 96 homes for sale in Jan 2025, a 4.0 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthJan 2025 | ||
| 252 months agoDec 2024 | -24.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 4 | -33.3% |
| 22 Bedrooms | 8 | 7 | -12.5% |
| 33 Bedrooms | 56 | 56 | 0.0% |
| 44 Bedrooms | 24 | 22 | -8.3% |
| 55+ Bedrooms | 6 | 7 | +16.7% |
Summary: Lookout Valley / Lookout Mountain housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in Lookout Valley / Lookout Mountain, TN cost?
Over Asking Price0 Home
At Asking Price6 Homes
Under Asking Price13 Homes
Insight
If you're buying a home in Lookout Valley / Lookout Mountain, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Lookout Valley / Lookout Mountain in January 2025, down by 24.0% month-over-month. Of the 19 sold homes, 68% were sold under asking, 32% were sold at asking, and and 0% were sold over asking.
Days on Market for Lookout Valley / Lookout Mountain, TN
How long does it take to sell a home in Lookout Valley / Lookout Mountain, TN?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Most homes in Lookout Valley / Lookout Mountain are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 19 homes were sold in Lookout Valley / Lookout Mountain; 11% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 99 DaysThis YearJan 2025 | ||
| 57 Days1 year agoJan 2024 | +74.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lookout Valley / Lookout Mountain had an average listing age of 99 days in Jan 2025, up by 74.1% compared to the previous year.
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Newest Listings in Lookout Valley / Lookout Mountain, TN
What homes are available in Lookout Valley / Lookout Mountain, TN?
New - 3 days on Rocket
$4,026 Closing Credit¹
#1507859, Listing Office: Zach Taylor - Chattanooga
New - 3 days on Rocket
$3,561 Closing Credit¹
#1507851, Listing Office: Zach Taylor - Chattanooga
New - 3 days on Rocket
$3,561 Closing Credit¹
#2794522, Emily Berryman, Listing Office: Zach Taylor Chattanooga
New - 3 days on Rocket
$5,926 Closing Credit¹
#1506148, Listing Office: Real Estate Partners Chattanooga LLC
New - 4 days on Rocket
$2,197 Closing Credit¹
#1507798, Listing Office: Real Estate Partners Chattanooga LLC
$10,000 Closing Credit¹
#1507397, Listing Office: Keller Williams Realty
Coming soon
$4,714 Closing Credit¹
#2791694, Drew Carey, Listing Office: EXP Realty LLC
$10,000 Closing Credit¹
#1507451, Listing Office: Black Creek Living
$2,957 Closing Credit¹
#1507425, Listing Office: EXP Realty LLC
#1507351, Listing Office: Veridical Realty, LLC
$10,000 Closing Credit¹
#1506776, Listing Office: Keller Williams Realty
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MLS Disclaimers and Copyright
Based on information from Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., and RealTracs Middle Tennessee Regional MLS for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved. The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 5:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.