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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

$634,372

AVERAGE PRICE OF 191 HOMES

$1,519,462

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$1,159,091

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$702,470

AVERAGE PRICE OF 83 HOMES WITH A POOL

$834,816

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $634,372
Avg Bedrooms 4.3 beds
Avg Bathrooms 3.35 baths

Average Price by Bedrooms

1 bedroom $149,900
2 bedrooms $189,300
3 bedrooms $310,922
4 bedrooms $513,437
5 bedrooms $826,809
Germantown Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 194 190 169 162 147
Average Price $618,227 $588,400 $632,668 $645,159 $640,031
Avg Price Change +5.07% -7.52% -1.97% +0.80% +3.56%
Median Price $469,965 $430,786 $448,332 $465,281 $448,058
Med Price Change +9.09% -4.07% -3.78% +3.84% -0.41%
Avg Bedrooms 4.29 beds 4.22 beds 4.25 beds 4.29 beds 4.31 beds
Avg Bathrooms 3.3 baths 3.19 baths 3.3 baths 3.35 baths 3.37 baths
Total Homes Average Price Avg Days on Site
All Homes 191 $634,372 88 days
Multi-Million Dollar Homes 26 $1,519,462 192 days
Newly Built Homes 11 $1,159,091 170 days
Homes with a Pool 83 $702,470 97 days
Reduced Price Homes 6 $834,816 127 days

School Data

Highly Rated Germantown Schools

10

DOGWOOD ELEMENTARY SCHOOL
Elementary School
Public

10

HOUSTON MIDDLE SCHOOL
Middle School
Public

9

HOUSTON HIGH SCHOOL
High School
Public