The Ooltewah-Summit housing market is somewhat competitive. The median sale price of a home in Ooltewah-Summit was $465K last month, up 12.0% since last year. The median sale price per square foot in Ooltewah-Summit is $209, up 25.9% since last year.
What is the housing market like in Ooltewah-Summit today?
$465K
Sale Price
+12.0% since last year
$209
Sale $/Sq. Ft.
+25.9% since last year
Under List Price
1.3%
Days on Market
56.5
Down Payment
10.0%
Total Homes Sold
52
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How hot is the Ooltewah-Summit housing market?
Ooltewah-Summit is somewhat competitive. Homes sell in 56.5 days.
0
100
41
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 36 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Ooltewah-Summit housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Ooltewah-Summit.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Ooltewah-Summit has a moderate risk of flooding. 1,102 properties in Ooltewah-Summit are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Ooltewah-Summit. Flood risk is increasing slower than the national average.
85% of properties are at risk of wildfire over the next 30 years
Fire Factor
Ooltewah-Summit has a moderate risk of wildfire. There are 8,041 properties in Ooltewah-Summit that have some risk of being affected by wildfire over the next 30 years. This represents 85% of all properties in Ooltewah-Summit.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Ooltewah-Summit has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Ooltewah-Summit is most at risk from hurricanes. 9,460 properties in Ooltewah-Summit have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.
93% of properties are at major
risk of heat over the next 30 years
Heat Factor
Ooltewah-Summit has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 93% of homes in Ooltewah-Summit have a Major Heat Factor®.
Ooltewah-Summit is expected to see a 171% increase in the number of days over 104ºF over the next 30 years. Ooltewah-Summit is expected to experience 7