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Linita Stewart
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Germantown

Why you'd want to live in Germantown

Germantown is a suburb of Memphis, bordering it to the east-southeast. Germantown's economy is dominated by the retail and commercial service sectors; there is no heavy industry in Germantown. In the city center is the "Old Germantown" neighborhood, anchored by a railroad depot (a 1948 reproduction of the 1868 original) and railroad tracks that recall the community's earliest days of development as an outpost along the Memphis and Charleston Railroad. The city hosts many horse shows and competitions annually, most notably the Germantown Charity Horse Show in June. Other major annual events include the Germantown Festival, an arts and crafts fair, in early September. Germantown is one of a few cities in the nation possessing a triple-A bond rating from both Moody’s and Standard & Poor’s. It has the lowest crime rate for any city its size in the State of Tennessee and the police and fire departments have average emergency response time of five minutes. The parks and recreation department is nationally accredited. via Wikipedia

germantown

Germantown Market Report

$537,252

AVERAGE PRICE OF 233 HOMES

$1,527,090

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$809,154

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$580,430

AVERAGE PRICE OF 98 HOMES WITH A POOL

$479,427

AVERAGE PRICE OF 83 REDUCED PRICE HOMES

Average Home

Average Price $537,252
Avg Bedrooms 3.62 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $49,999
2 bedrooms $104,071
3 bedrooms $258,900
4 bedrooms $452,863
5 bedrooms $694,315
Germantown Home Price Trends
  7/2018 6/2018 5/2018 4/2018 3/2018
Total Listings 230 228 222 n/a 180
Average Price $538,173 $545,500 $542,494 n/a $564,231
Avg Price Change -1.36% +0.55% n/a n/a -2.84%
Median Price $416,201 $426,775 $425,157 n/a $450,131
Med Price Change -2.54% +0.38% n/a n/a -5.59%
Avg Bedrooms 4.26 beds 4.31 beds 4.27 beds n/a 4 beds
Avg Bathrooms 3.19 baths 3.22 baths 3.2 baths n/a 3.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Germantown High School 1 $225,000 17 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 233 $537,252 47 days
Multi-Million Dollar Homes 19 $1,527,090 143 days
Newly Built Homes 11 $809,154 341 days
Homes with a Pool 98 $580,430 80 days
Reduced Price Homes 83 $479,427 103 days