Is Bartlett, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Bartlett, TN
How much do homes in Bartlett, TN cost?
Median Sold Price
$329,193
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bartlett have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Bartlett was $329,193 in April 2024, down 1.7% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $229.9K | N/A |
| 3 Bedrooms | $288.8K | $288.6K | -0.1% |
| 4 Bedrooms | $370K | $360K | -2.7% |
| 5+ Bedrooms | $405.9K | $425.5K | +4.8% |
Summary: Bartlett housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in Bartlett, TN
How many homes are available in Bartlett, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 245 | 252 | +2.9% |
Summary: The Bartlett real estate market had 252 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 117 | 108 | -7.7% |
| 4 Bedrooms | 81 | 94 | +16.0% |
| 5+ Bedrooms | 42 | 46 | +9.5% |
Summary: The Bartlett housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 65 | +8.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bartlett, expect to pay close to the asking price. 41.5% of homes here sold near the asking price last month.
Summary: A total of 65 homes were sold or pending in Bartlett in April 2024, up by 8.3% month-over-month. Of the 65 sold homes, 34% were sold under asking, 42% were sold at asking, and 25% were sold over asking.
Days on Market for Bartlett, TN
We’re sorry, we don't have information for this market at the moment
