Bartlett Housing Market Report January 2025•Shelby County, Tennessee

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Housing Prices in Bartlett, TN

How much do homes in Bartlett, TN cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Bartlett is a Seller's Market

Difference Since December 2024

Last month, Bartlett has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$310,000–
-$39,500
-11.3%

Based on all homes sold in January 2025

Insight

Homes in Bartlett have sold for 11.3% less than they did a month ago.

Summary: The median home sold price in Bartlett was $310,000 in January 2025, down 11.3% from last month, and the median price per square foot was $0.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Millington
+29.7%
Memphis
+5.2%
Lakeland
-8.9%
Bartlett
-11.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2-$240K
N/A
3$258.5K$275K
+6.4%
4$349K$403K
+15.5%
5$395K$410K
+3.8%

Summary: Bartlett housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +6.4%. The home price for 4 bedroom homes increased by +15.5%. The home price for 5 bedroom homes increased by +3.8%.

Housing supply in Bartlett, TN

How many homes are available in Bartlett, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
195Last MonthJan 2025
1952 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Bartlett real estate market had 195 homes for sale in Jan 2025, the same as Dec 2024

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
34Last MonthJan 2025
542 months agoDec 2024
-37.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
235
+66.7%
35766
+15.8%
49186
-5.5%
54438
-13.6%

Summary: Bartlett housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes increased by +15.8%. The inventory for 4 bedroom homes decreased by -5.5%. The inventory for 5 bedroom homes decreased by -13.6%.

Asking Price vs. Sold Price

How much do homes in Bartlett, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price10 Homes

Under Asking Price20 Homes

Insight

If you're buying a home in Bartlett, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Bartlett in January 2025, down by 37.0% month-over-month. Of the 34 sold homes, 59% were sold under asking, 29% were sold at asking, and and 12% were sold over asking.

Days on Market for Bartlett, TN

How long does it take to sell a home in Bartlett, TN?

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
0 DaysLast MonthJan 2025
67 Days1 month agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: Homes in Bartlett had an average listing age of 0 days in Jan 2025, down by .0% compared to the previous month.

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Newest Listings in Bartlett, TN

What homes are available in Bartlett, TN?

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Nearby markets

Popular Cities with Homes for Sale in Tennessee

MLS Disclaimers and Copyright

Based on information from Memphis MLS, for the period 12/01/2024 - 02/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.