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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

    $554,543

    AVERAGE PRICE OF 181 HOMES

    $1,474,923

    AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

    $796,166

    AVERAGE PRICE OF 12 NEWLY BUILT HOMES

    $609,442

    AVERAGE PRICE OF 70 HOMES WITH A POOL

    $688,225

    AVERAGE PRICE OF 8 REDUCED PRICE HOMES

    Average Home

    Average Price $554,543
    Avg Bedrooms 3.61 beds
    Avg Bathrooms 3.12 baths

    Average Price by Bedrooms

    2 bedrooms $120,502
    3 bedrooms $328,196
    4 bedrooms $449,682
    5 bedrooms $768,103
    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
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Shelby County 1 $369,900 5 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 181 $554,543 41 days
    Multi-Million Dollar Homes 13 $1,474,923 148 days
    Newly Built Homes 12 $796,166 197 days
    Homes with a Pool 70 $609,442 38 days
    Reduced Price Homes 8 $688,225 146 days

    School Data

    Highly Rated Germantown Schools

    9

    RIVERDALE ELEMENTARY SCHOOL
    Middle School
    Public

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