$4,750 Closing Credit*
$400,000
5 Beds
•3 Full Baths
Listing Office: eXp Realty
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
Since last month, 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
$320,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$13,000(-3.9%)
Key Takeaway
Homes in Bartlett have sold for 3.9% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $148K | N/A |
| 3 Bedrooms | $273.5K | $257.5K | -5.9% |
| 4 Bedrooms | $377.5K | $365K | -3.3% |
| 5+ Bedrooms | $399.9K | $500K | +25.0% |
Summary: Bartlett housing prices by bedroom type for November 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 5.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Cities
| Lakeland | $370K | $456K | +23.2% |
| Millington | $222K | $267.5K | +20.5% |
| Memphis | $190.2K | $183K | -3.8% |
| Bartlett | $333K | $320K | -3.9% |
Housing Supply in Bartlett, TN
How many homes are available in Bartlett, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 241 | 223 | -7.5% |
Summary: The Bartlett real estate market had 223 homes for sale in November 2024, a 7.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 90 | 74 | -17.8% |
| 4 Bedrooms | 102 | 99 | -2.9% |
| 5+ Bedrooms | 44 | 42 | -4.5% |
Summary: The Bartlett housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 43 | -32.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bartlett, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Bartlett in November 2024, down by 32.8% month-over-month. Of the 43 sold homes, 44% were sold under asking, 30% were sold at asking, and 26% were sold over asking.
Days on Market for Bartlett, TN
We’re sorry, we don't have information for this market at the moment
