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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bartlett is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Bartlett was a Seller's Market.

Key Takeaway

Bartlett is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bartlett, TN

How much do homes in Bartlett, TN cost?

Median Sold Price

$327,500

-

Based on all homes sold in February 2024.

Difference Since Last Month

+$28,000(+9.3%)

Key Takeaway

Homes in Bartlett have sold for 9.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $273.7K$297.5K
+8.7%
4 $337.5K$400K
+18.5%
5+ $494.9K$410K
-17.2%

Summary: Bartlett housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 17.2%.

Median Sold Price Compared To Nearby Cities

Memphis
+14.3%
Bartlett
+9.3%
Millington
+8.0%

Housing Supply in Bartlett, TN

How many homes are available in Bartlett, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
205222+8.3%

Summary: The Bartlett real estate market had 222 homes for sale in February 2024, a 8.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 77
0.0%
3 101110
+8.9%
4 6470
+9.4%
5+ 3335
+6.1%

Summary: The Bartlett housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 6.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
4034-15.0%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bartlett, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Bartlett in February 2024, down by 15.0% month-over-month. Of the 34 sold homes, 62% were sold under asking, 18% were sold at asking, and 21% were sold over asking.

Days on Market for Bartlett, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 1 Day Ago

Newest Listings in Bartlett, TN

Nearby Markets to Bartlett, TN

What housing markets are near Bartlett, TN?