Home prices
The cost of the median home in Lookout Mountain is $520,300. It is about $373,360 (254%) higher compared to nearby areas.It is roughly $302,800 (139%) higher compared to the entire country, and compared to the city of Huntsville is roughly $337,400 (184%) higher.
Rents
In Lookout Mountain the median monthly rent is $1,205. This is about $343 (39%) higher compared to the surrounding areas.It is roughly $143 (13%) higher compared to the rest of the country, and in comparison to the city of Huntsville is about $378 (45%) higher.
Nearby places
Lookout Mountain
Lookout Mountain is Lookout Mountain's neighbor to the south. Real estate prices there are substantially less expensive. The cost of the median home in Lookout Mountain is $354,800, which works out to $165,500 (46%) lower than Lookout Mountain. Rents there are a bit less expensive. In Lookout Mountain the median rent is $1,047 per month, which works out to $158 (15%) lower than Lookout Mountain.
Rossville
Rossville is approximately 3 miles southeast from Lookout Mountain. The real estate prices there are a lot less expensive. The median home in Rossville is valued at $86,700, which comes out to $433,600 (500%) lower than Lookout Mountain. Rent there is a lot less expensive. The median monthly rent in Rossville is $800, which is $405 (50%) lower than Lookout Mountain.
Lakeview
Lakeview is approximately 5 miles east of Lookout Mountain. Its real estate prices are substantially less expensive. The price of the median home in Lakeview is $81,100, which comes out to $439,200 (541%) lower than Lookout Mountain. Rents there are a bit less expensive. In Lakeview the median monthly rent is $913, which comes out to $292 (31%) lower than Lookout Mountain.
Chattanooga Valley
Chattanooga Valley is approximately 5 miles south from Lookout Mountain. The real estate prices there are substantially less expensive. The price of the median home in Chattanooga Valley is $106,500, which is $413,800 (388%) lower than Lookout Mountain. Rent there is substantially less expensive. Chattanooga Valley's median monthly rent is $788, which is $417 (52%) lower than Lookout Mountain.
Fairview
Fairview is about 5 miles southeast of Lookout Mountain. Real estate prices there are significantly less expensive. The median home in Fairview is valued at $105,600, which works out to $414,700 (392%) lower than Lookout Mountain. Rent there is a lot less expensive. In Fairview the median rent is $761 per month, which is $444 (58%) lower than Lookout Mountain.