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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

$632,342

AVERAGE PRICE OF 200 HOMES

$1,550,130

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$1,094,615

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$646,490

AVERAGE PRICE OF 86 HOMES WITH A POOL

$647,608

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $632,342
Avg Bedrooms 4.26 beds
Avg Bathrooms 3.25 baths

Average Price by Bedrooms

2 bedrooms $180,244
3 bedrooms $304,910
4 bedrooms $508,060
5 bedrooms $814,285
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 200 $632,342 77 days
Multi-Million Dollar Homes 30 $1,550,130 175 days
Newly Built Homes 13 $1,094,615 158 days
Homes with a Pool 86 $646,490 82 days
Reduced Price Homes 12 $647,608 47 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