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

$560,035

AVERAGE PRICE OF 175 HOMES

$1,490,308

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$797,000

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$629,426

AVERAGE PRICE OF 68 HOMES WITH A POOL

$355,917

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $560,035
Avg Bedrooms 4.25 beds
Avg Bathrooms 3.25 baths

Average Price by Bedrooms

2 bedrooms $125,446
3 bedrooms $279,653
4 bedrooms $446,989
5 bedrooms $762,948
Germantown Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 139 134 149 184 210
Average Price $578,623 $561,571 $539,822 $565,155 $580,379
Avg Price Change +3.04% +4.03% -4.69% -2.69% +3.24%
Median Price $454,384 $424,477 $421,233 $432,794 $446,635
Med Price Change +7.05% +0.77% -2.74% -3.20% +3.43%
Avg Bedrooms 4.33 beds 4.26 beds 4.23 beds 4.28 beds 4.26 beds
Avg Bathrooms 3.3 baths 3.25 baths 3.22 baths 3.27 baths 3.29 baths
Total Homes Average Price Avg Days on Site
All Homes 175 $560,035 78 days
Multi-Million Dollar Homes 13 $1,490,308 141 days
Newly Built Homes 12 $797,000 190 days
Homes with a Pool 68 $629,426 67 days
Reduced Price Homes 5 $355,917 66 days
;