$3,384 Closing Credit*
$285,000
3 Beds
•2 Full Baths
Listing Office: Crye-Leike, Inc., REALTORS
Is Bartlett, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bartlett was a Neutral 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
$340,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
+$42,500(+14.3%)
Key Takeaway
Homes in Bartlett have sold for 14.3% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231K | - | N/A |
| 3 Bedrooms | $290K | $268K | -7.6% |
| 4 Bedrooms | $343.5K | $407.7K | +18.7% |
| 5+ Bedrooms | $327K | $399.9K | +22.3% |
Summary: Bartlett housing prices by bedroom type for October 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 decreased by 7.6%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 22.3%.
Median Sold Price Compared To Nearby Cities
| Bartlett | $298K | $340.5K | +14.3% |
| Memphis | $192K | $190.4K | -0.8% |
| Millington | $242.4K | $210.9K | -13.0% |
Housing Supply in Bartlett, TN
How many homes are available in Bartlett, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 221 | 249 | +12.7% |
Summary: The Bartlett real estate market had 249 homes for sale in October 2024, a 12.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 85 | 91 | +7.1% |
| 4 Bedrooms | 90 | 107 | +18.9% |
| 5+ Bedrooms | 39 | 46 | +17.9% |
Summary: The Bartlett housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 54 | +63.6% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bartlett, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Bartlett in October 2024, up by 63.6% month-over-month. Of the 54 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.
Days on Market for Bartlett, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.