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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

$652,948

AVERAGE PRICE OF 164 HOMES

$1,524,926

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$1,267,445

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$798,619

AVERAGE PRICE OF 72 HOMES WITH A POOL

$661,560

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $652,948
Avg Bedrooms 4.15 beds
Avg Bathrooms 3.19 baths

Average Price by Bedrooms

2 bedrooms $171,350
3 bedrooms $336,571
4 bedrooms $431,350
5 bedrooms $942,298
Germantown Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings 162 147 149 176 203
Average Price $645,159 $640,031 $618,047 $603,280 $602,645
Avg Price Change +0.80% +3.56% +2.45% +0.11% -1.09%
Median Price $465,281 $448,058 $449,882 $458,427 $455,215
Med Price Change +3.84% -0.41% -1.90% +0.71% -1.12%
Avg Bedrooms 4.29 beds 4.31 beds 4.32 beds 4.64 beds 4.65 beds
Avg Bathrooms 3.35 baths 3.37 baths 3.34 baths 3.64 baths 3.65 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Houston High School 1 $389,000 n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 164 $652,948 81 days
Multi-Million Dollar Homes 27 $1,524,926 159 days
Newly Built Homes 9 $1,267,445 160 days
Homes with a Pool 72 $798,619 96 days
Reduced Price Homes 5 $661,560 46 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