If you need assistance, please call 901-221-4041

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

$632,763

AVERAGE PRICE OF 201 HOMES

$1,571,859

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$1,102,267

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$652,988

AVERAGE PRICE OF 81 HOMES WITH A POOL

$551,812

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $632,763
Avg Bedrooms 4.29 beds
Avg Bathrooms 3.23 baths

Average Price by Bedrooms

2 bedrooms $164,028
3 bedrooms $301,076
4 bedrooms $491,704
5 bedrooms $835,919
Germantown Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 197 194 190 169 162
Average Price $621,345 $618,227 $588,400 $632,668 $645,159
Avg Price Change +0.50% +5.07% -7.52% -1.97% +0.80%
Median Price $468,988 $469,965 $430,786 $448,332 $465,281
Med Price Change -0.21% +9.09% -4.07% -3.78% +3.84%
Avg Bedrooms 3.7 beds 4.29 beds 4.22 beds 4.25 beds 4.29 beds
Avg Bathrooms 3.2 baths 3.3 baths 3.19 baths 3.3 baths 3.35 baths
Total Homes Average Price Avg Days on Site
All Homes 201 $632,763 76 days
Multi-Million Dollar Homes 29 $1,571,859 176 days
Newly Built Homes 15 $1,102,267 143 days
Homes with a Pool 81 $652,988 81 days
Reduced Price Homes 8 $551,812 30 days

School Data

Highly Rated Germantown Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

10

HOUSTON MIDDLE SCHOOL
Middle School
Public

9

HOUSTON HIGH SCHOOL
High School
Public

Copyright © 2020 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 not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited. This listing was refreshed on August 14, 2020
All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Copyright 2020 RealTracs Solutions. Listing information last updated on August 14, 2020.
Copyright 2020 Northwest Mississippi Association of REALTORS® - REALTOR® Services Corporation Copyright© 2020 by the Multiple Listing Service of REALTOR® SERVICES CORPORATION a subsidiary of the Northwest Mississippi Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the REALTOR® SERVICES CORPORATION a subsidiary of the Northwest Mississippi Association of REALTORS®. Mississippi recognizes single and dual agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is not prohibited.
This site powered by CINC: www.cincpro.com