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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

    $556,527

    AVERAGE PRICE OF 139 HOMES

    $1,544,909

    AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

    $790,485

    AVERAGE PRICE OF 14 NEWLY BUILT HOMES

    $596,278

    AVERAGE PRICE OF 56 HOMES WITH A POOL

    $423,950

    AVERAGE PRICE OF 8 REDUCED PRICE HOMES

    Average Home

    Average Price $556,527
    Avg Bedrooms 4.27 beds
    Avg Bathrooms 3.23 baths

    Average Price by Bedrooms

    2 bedrooms $133,666
    3 bedrooms $186,640
    4 bedrooms $442,166
    5 bedrooms $817,430
    Germantown Home Price Trends
      12/2018 11/2018 10/2018 9/2018 8/2018
    Total Listings 149 184 210 219 229
    Average Price $539,822 $565,155 $580,379 $562,180 $540,034
    Avg Price Change -4.69% -2.69% +3.24% +4.10% +0.35%
    Median Price $421,233 $432,794 $446,635 $431,830 $423,698
    Med Price Change -2.74% -3.20% +3.43% +1.92% +1.80%
    Avg Bedrooms 4.23 beds 4.28 beds 4.26 beds 4.2 beds 4.23 beds
    Avg Bathrooms 3.22 baths 3.27 baths 3.29 baths 3.19 baths 3.16 baths
    Total Homes Average Price Avg Days on Site
    All Homes 139 $556,527 117 days
    Multi-Million Dollar Homes 11 $1,544,909 202 days
    Newly Built Homes 14 $790,485 347 days
    Homes with a Pool 56 $596,278 93 days
    Reduced Price Homes 8 $423,950 65 days
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