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

Tina Andrade
901-502-0762

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

$609,240

AVERAGE PRICE OF 208 HOMES

$1,547,739

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$1,153,214

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$694,174

AVERAGE PRICE OF 96 HOMES WITH A POOL

$508,410

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $609,240
Avg Bedrooms 4.66 beds
Avg Bathrooms 3.65 baths

Average Price by Bedrooms

2 bedrooms $169,228
3 bedrooms $356,238
4 bedrooms $458,292
5 bedrooms $660,080
Germantown Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 214 222 212 222 219
Average Price $609,240 $586,194 $598,659 $562,891 $575,105
Avg Price Change +3.93% -2.13% +6.35% -2.17% +1.67%
Median Price $460,329 $458,744 $471,978 $439,975 $449,832
Med Price Change +0.35% -2.88% +7.27% -2.24% -0.11%
Avg Bedrooms 4.67 beds 4.62 beds 4.32 beds 4.24 beds 4.3 beds
Avg Bathrooms 3.68 baths 3.64 baths 3.36 baths 3.22 baths 3.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Houston High School 1 $498,000 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 208 $609,240 73 days
Multi-Million Dollar Homes 23 $1,547,739 138 days
Newly Built Homes 14 $1,153,214 133 days
Homes with a Pool 96 $694,174 84 days
Reduced Price Homes 10 $508,410 76 days

School Data

Highly Rated Germantown Schools

9

RIVERDALE ELEMENTARY SCHOOL
Middle School
Public

9

HOUSTON HIGH SCHOOL
High School
Public