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

  • 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

    $558,893

    AVERAGE PRICE OF 226 HOMES

    $1,519,009

    AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

    $954,026

    AVERAGE PRICE OF 15 NEWLY BUILT HOMES

    $612,325

    AVERAGE PRICE OF 109 HOMES WITH A POOL

    $574,984

    AVERAGE PRICE OF 19 REDUCED PRICE HOMES

    Average Home

    Average Price $558,893
    Avg Bedrooms 4.22 beds
    Avg Bathrooms 3.2 baths

    Average Price by Bedrooms

    1 bedroom $149,900
    2 bedrooms $131,900
    3 bedrooms $323,676
    4 bedrooms $448,940
    5 bedrooms $777,775
    Germantown Home Price Trends
      6/2019 5/2019 4/2019 3/2019 2/2019
    Total Listings 219 218 189 165 139
    Average Price $575,105 $565,648 $578,657 $562,325 $578,623
    Avg Price Change +1.67% -2.30% +2.90% -2.90% +3.04%
    Median Price $449,832 $450,324 $462,184 $456,863 $454,384
    Med Price Change -0.11% -2.63% +1.16% +0.55% +7.05%
    Avg Bedrooms 4.3 beds 4.29 beds 4.3 beds 3.63 beds 4.33 beds
    Avg Bathrooms 3.26 baths 3.22 baths 3.3 baths 3.13 baths 3.3 baths
    Total Homes Average Price Avg Days on Site
    All Homes 226 $558,893 71 days
    Multi-Million Dollar Homes 16 $1,519,009 164 days
    Newly Built Homes 15 $954,026 135 days
    Homes with a Pool 109 $612,325 75 days
    Reduced Price Homes 19 $574,984 50 days