Is Lookout Mountain, TN 37350 a buyer’s or seller’s market?
Lookout Mountain is a seller’s market. With about 1.9 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score47/ 100
More competitive than 47% of U.S. ZIP codes, and #33 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.9Under 4 months = seller’s market
Sold above original list6.7%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market2Listing to accepted offer
Median price per sq ft$392▲ +17.7% vs. last year
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Nearby markets
Apison 37302Seller’s market $184 /sq ftBirchwood 37308Balanced $197 /sq ftChattanooga 37402Buyer’s market $332 /sq ftChattanooga 37403Buyer’s market $292 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology