Why Live in Lookout Valley
Lookout Valley, located 7 miles from Chattanooga, is a neighborhood that balances natural attractions with urban conveniences. Nestled between Racoon Mountain and Lookout Mountain, this primarily residential and industrial area offers a tight-knit community feel while being just five minutes from Downtown Chattanooga. The neighborhood is known for its significant landmarks, including Lookout Mountain, which features the tallest underground waterfall and historical Civil War sites. Outdoor enthusiasts can explore Ruby Falls, Rock City, and the Racoon Mountain Caverns, all offering unique natural attractions. Reflection Riding Arboretum and Nature Center provides educational experiences about local flora and fauna, with weekly events and extensive trails. Homes in Lookout Valley are situated on large lots with styles ranging from brick-accented ranches to cottages and prairie-style homes. Townhouses and condos are also becoming more common to meet growing demand. The Black Creek Club sub-community offers private trails and parks, with newly constructed homes in the New Historicism style. Lookout Valley Elementary School is highly rated, contributing to the area's appeal for families. While most shopping and dining options are found in Downtown Chattanooga, local favorites include Lemongrass Thai and Los 3 Amigos. The neighborhood is safer than the national average, with a CAP Index crime score of 2 out of 10. However, residents should be aware of potential natural hazards such as fires and flooding. The Chattanooga Metropolitan Airport is 16 miles away, and the area is accessible via several state routes and I-24.
Home Trends in Lookout Valley, TN
On average, homes in Lookout Valley, Chattanooga sell after 45 days on the market compared to the national average of 51 days. The median sale price for homes in Lookout Valley, Chattanooga over the last 12 months is $415,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$415,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$372,700
Median 2 Bedroom Sale Price
$353,000
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$262
Number of Homes for Sale
54
Last 12 months Home Sales
253
Median List Price
$423,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-1%
