Bartlett, Tennessee Housing Market Prices
Bartlett Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 7% below the Tennessee median$238,542
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Median rent 28% above the Tennessee median$1,519
Housing Market Overview
| Metric | Bartlett | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $238,542 | $255,786 | $248,835 |
| Price Trend (Annual %) | 13.8% | 9.9% | 7.5% |
| Median Gross Rent | $1,519 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bartlett is about 7% lower than in Tennessee. Rent is about 28% higher than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bartlett, up about 13.8% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Bartlett rose about 41.1% between 2015 and 2024, from $1,076 to $1,519. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Bartlett.
Buying the median-priced home in Bartlett costs roughly 13.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bartlett. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Bartlett | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $238,542 | $255,786 | $248,835 |
| Median Household Income | $94,703 | $69,901 | $80,455 |
| Price-to-Income Ratio | 2.5 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bartlett rose about 89.0%, while median household income rose about 28.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bartlett | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 77.4% | 60.1% | 58.5% |
| Rental Rate | 19.3% | 29.7% | 31.2% |
| Vacancy Rate | 3.3% | 10.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Bartlett has a homeownership rate of 77.4%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 3.3%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Bartlett | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.79 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1990 | 1986 | 1978 |
| Median Number of Rooms | 7.0 | 5.7 | 5.5 |
The typical housing unit in Bartlett was built around 1990. On average, 2.8 people live in a home with about 7.0 rooms, staying for about 15.0 years on average.
Bartlett, TN Housing Compared With Nearby Cities
How Bartlett, TN compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bartlett, TN | 58,448 | $238,542 #2/2 | $1,519 #2/2 | 80.0% #2/2 |
| Germantown, TN | 42,327 | $498,811 | $1,697 | 80.9% |
Frequently Asked Questions
Common questions about the housing market in Bartlett, Tennessee.
What is the median home price in Bartlett, Tennessee?
The median home price in Bartlett, Tennessee is $238,542, lower than the Tennessee average of $255,786.
What is the average home price in Bartlett, Tennessee?
The typical home price in Bartlett, Tennessee, reported as the median sale price, is $238,542. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bartlett, Tennessee?
The median gross rent in Bartlett, Tennessee is $1,519 per month, higher than the Tennessee average of $1,188.
What was the median gross rent in Bartlett in 2020?
In 2020, the median gross rent in Bartlett, Tennessee was $1,227 per month.
What is the price-to-rent ratio in Bartlett, Tennessee?
The price-to-rent ratio in Bartlett, Tennessee is about 13.1, meaning it would take roughly 13.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Bartlett.
Are home prices or rent rising faster in Bartlett, Tennessee?
Both home prices and rent are rising in Bartlett, up about 13.8% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bartlett, Tennessee?
77.4% of households in Bartlett, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Bartlett, Tennessee?
The housing vacancy rate in Bartlett, Tennessee is 3.3%, lower than the Tennessee average of 10.2%.
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