Home prices
The median home value in Lookout Mountain is $354,800. It is approximately $174,760 (97%) higher compared to nearby areas.It is about $137,300 (63%) higher in comparison to the rest of the country, and compared to the city of Huntsville it is about $171,900 (93%) higher.
Rents
In Lookout Mountain the median rent is $1,047 a month. Compared to other places in this area it is about $154 (17%) higher.It is about $15 (1%) lower compared to the United States as a whole, and it is roughly $220 (26%) higher compared to the city of Huntsville.
Nearby places
Lookout Mountain
Lookout Mountain is Lookout Mountain's neighbor to the north. Its real estate prices are somewhat more expensive. The median home in Lookout Mountain costs $520,300, which is $165,500 (31%) higher than Lookout Mountain. The rent there is a bit more expensive. In Lookout Mountain the median rent is $1,205 per month, which is $158 (13%) higher than Lookout Mountain.
Chattanooga Valley
Chattanooga Valley is about 3 miles south of Lookout Mountain. The housing prices there are significantly less expensive. The median home in Chattanooga Valley is valued at $106,500, which works out to $248,300 (233%) lower than Lookout Mountain. Rent there is substantially less expensive. Chattanooga Valley's median monthly rent is $788, which comes out to $259 (32%) lower than Lookout Mountain.
Rossville
Rossville is about 3 miles east from Lookout Mountain. The real estate prices there are substantially less expensive. The value of the median home in Rossville is $86,700, which works out to $268,100 (309%) lower than Lookout Mountain. Rents there are somewhat less expensive. Rossville's median monthly rent is $800, which is $247 (30%) lower than Lookout Mountain.
Fairview
Fairview is roughly 4 miles southeast from Lookout Mountain. Its real estate prices are substantially less expensive. The median home in Fairview is valued at $105,600, which is $249,200 (235%) lower than Lookout Mountain. Rents there are substantially less expensive. Fairview's median rent is $761 a month, which is $286 (37%) lower than Lookout Mountain.
Lakeview
Lakeview is about 5 miles east from Lookout Mountain. Its housing prices are substantially less expensive. The price of the median home in Lakeview is $81,100, which comes out to $273,700 (337%) lower than Lookout Mountain. Rents there are a bit less expensive. The median rent in Lakeview is $913 a month, which comes out to $134 (14%) lower than Lookout Mountain.