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

    $537,110

    AVERAGE PRICE OF 206 HOMES

    $1,495,500

    AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

    $832,416

    AVERAGE PRICE OF 15 NEWLY BUILT HOMES

    $624,578

    AVERAGE PRICE OF 90 HOMES WITH A POOL

    $517,759

    AVERAGE PRICE OF 47 REDUCED PRICE HOMES

    Average Home

    Average Price $537,110
    Avg Bedrooms 4 beds
    Avg Bathrooms 3.2 baths

    Average Price by Bedrooms

    1 bedroom $50,599
    2 bedrooms $147,170
    3 bedrooms $325,661
    4 bedrooms $428,307
    5 bedrooms $712,205
    Germantown Home Price Trends
      3/2018 2/2018 1/2018 12/2017 11/2017
    Total Listings 180 168 177 203 217
    Average Price $564,231 $580,229 $560,131 $535,446 $514,398
    Avg Price Change -2.84% +3.59% +4.61% +4.09% +39.87%
    Median Price $450,131 $475,310 $432,493 $397,619 $392,100
    Med Price Change -5.59% +9.90% +8.77% +1.41% +27.96%
    Avg Bedrooms 4 beds 4 beds 4 beds 4 beds 4 beds
    Avg Bathrooms 3.32 baths 3.37 baths 3.29 baths 3.25 baths 3.23 baths
    Total Homes Average Price Avg Days on Market
    All Homes 206 $537,110 80 days
    Multi-Million Dollar Homes 18 $1,495,500 120 days
    Newly Built Homes 15 $832,416 240 days
    Homes with a Pool 90 $624,578 81 days
    Reduced Price Homes 47 $517,759 161 days