Bartlett, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bartlett Neighborhoods Since 2000




Bartlett, TN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bartlett Housing Market Information

With 58,579 people, 19,881 houses or apartments, and a median cost of homes of $217,336, Bartlett real estate is some of the most expensive in Tennessee, although Bartlett home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Bartlett, accounting for 91.28% of the city's housing units. Other types of housing that are prevalent in Bartlett include large apartment complexes or high rise apartments ( 4.95%), row houses and other attached homes ( 2.22%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bartlett. Owner-occupied housing accounts for 81.72% of Bartlett's homes, and 80.63% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bartlett built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bartlett built between 2000 and later ( 24.50%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.05%). There's also some housing in Bartlett built before 1939 ( 1.37%).

Bartlett Home Appreciation Rates

Real estate appreciation rates in Bartlett's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.47% during the period.

NeighborhoodScout's data show that during the latest twelve months, Bartlett's appreciation rate, at 5.25%, has been at or slightly above the national average. In the latest quarter, Bartlett's appreciation rate has been 0.35%, which annualizes to a rate of 1.41%.

Relative to Tennessee, our data show that Bartlett's latest annual appreciation rate is higher than 60% of the other cities and towns in Tennessee.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bartlett differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bartlett - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bartlett real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$217,336

Bartlett, TN HOME PRICES

Value Range
> $1,124,000 0.2
$843,001 - $1,124,000 0.2
$562,001 - $843,000 0.5
$450,001 - $562,000 0.8
$338,001 - $450,000 5.8
$225,001 - $338,000 24.9
$113,001 - $225,000 57.6
$56,001 - $113,000 7.9
$0 - $56,000 2.2

Very High for TN
High for Nation

Value Relative to Nation Value Relative to State
28.2257119418727 8.6734693877551

Number Of Homes And Apartments:
19,881

Bartlett Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
9.13% 0.51% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,750 / per month

Homeownership Rate

Homeownership
Owners 81.72
Renters 18.28
Vacant 4.44

Housing Market Details

 

Age of Homes

AGE OF Bartlett HOMES
2000 or Newer 24.5
1970 - 1999 67.1
1940 - 1969 7.0
1939 or Older 1.4

Types of Homes

TYPE OF Bartlett HOMES
Single-Family 91.3
Townhomes 2.2
Small Apt. Buildings 1.3
Apt. Complexes 5.0
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Bartlett HOMES
No Bedroom 0.38
1 Bedroom 1.92
2 Bedrooms 6.06
3 Bedrooms 47.99
4 Bedrooms 32.65
5 or more bedrooms 11.01