Is Bartlett, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bartlett is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Bartlett has remained a Seller's Market.

Key Takeaway

Bartlett is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Bartlett, TN cost?

Median Sold Price

$319,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$34,200(+12.0%)

Key Takeaway

Homes in Bartlett have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $135K$192K
+42.2%
3 $230K$275K
+19.6%
4 $315K$360K
+14.3%
5+ $375K$400K
+6.7%

Median Sold Price Compared To Nearby Cities

Millington
+29.5%
Lakeland
+21.3%
Cordova
+19.3%
Bartlett
+12.0%
Memphis
+9.2%

How many homes are available in Bartlett, TN?

Number of Homes For Sale

Aug 2022Sep 2022%
194182-6.2%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 66
0.0%
3 8974
-16.9%
4 7178
+9.9%
5+ 2824
-14.3%

Number of Homes Sold

Aug 2022Sep 2022%
8150-38.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bartlett, you could pay more than the asking price. 52% of homes here sold above asking price last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bartlett are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bartlett, TN

Bartlett, TN has 182 homes for sale to choose from. In September 2022 in Bartlett, TN there were 6.2% less homes for sale than in August 2022. In September 2022 median list price was $319,000 and the average listing age was 14 days. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 42.2% more expensive, 3 bedrooms properties prices increased by 19.6%, 4 bedrooms properties prices increased by 14.3%, the cost of 5 bedrooms properties went up by 6.7%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes went down by 16.9%, 4 bedrooms homes became 9.9% more available, volume of 5 bedrooms homes went down by 14.3%. Over 26 listings were sold over their listed price in September 2022 in Bartlett, TN. In the same period over 16 listings were sold below the listed price and 8 listings were sold for the listed price.

Related Housing Market Reports