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Christine Lundy
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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

$624,020

AVERAGE PRICE OF 200 HOMES

$1,562,204

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$1,094,615

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$625,072

AVERAGE PRICE OF 86 HOMES WITH A POOL

$638,700

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $624,020
Avg Bedrooms 4.25 beds
Avg Bathrooms 3.2 baths

Average Price by Bedrooms

2 bedrooms $182,150
3 bedrooms $300,173
4 bedrooms $504,165
5 bedrooms $813,716
Germantown Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 197 194 190 169 162
Average Price $621,345 $618,227 $588,400 $632,668 $645,159
Avg Price Change +0.50% +5.07% -7.52% -1.97% +0.80%
Median Price $468,988 $469,965 $430,786 $448,332 $465,281
Med Price Change -0.21% +9.09% -4.07% -3.78% +3.84%
Avg Bedrooms 3.7 beds 4.29 beds 4.22 beds 4.25 beds 4.29 beds
Avg Bathrooms 3.2 baths 3.3 baths 3.19 baths 3.3 baths 3.35 baths
Total Homes Average Price Avg Days on Site
All Homes 200 $624,020 77 days
Multi-Million Dollar Homes 29 $1,562,204 175 days
Newly Built Homes 13 $1,094,615 161 days
Homes with a Pool 86 $625,072 80 days
Reduced Price Homes 14 $638,700 45 days

School Data

Highly Rated Germantown Schools

8

MACON-HALL ELEMENTARY SCHOOL
Elementary School
Public

10

HOUSTON MIDDLE SCHOOL
Middle School
Public

9

HOUSTON HIGH SCHOOL
High School
Public