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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

$616,177

AVERAGE PRICE OF 183 HOMES

$1,454,261

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$1,166,333

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$686,354

AVERAGE PRICE OF 87 HOMES WITH A POOL

$462,033

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $616,177
Avg Bedrooms 4.65 beds
Avg Bathrooms 3.66 baths

Average Price by Bedrooms

2 bedrooms $152,412
3 bedrooms $328,223
4 bedrooms $459,360
5 bedrooms $688,951
Germantown Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 203 214 222 212 222
Average Price $602,645 $609,240 $586,194 $598,659 $562,891
Avg Price Change -1.09% +3.93% -2.13% +6.35% -2.17%
Median Price $455,215 $460,329 $458,744 $471,978 $439,975
Med Price Change -1.12% +0.35% -2.88% +7.27% -2.24%
Avg Bedrooms 4.65 beds 4.67 beds 4.62 beds 4.32 beds 4.24 beds
Avg Bathrooms 3.65 baths 3.68 baths 3.64 baths 3.36 baths 3.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Houston High School 1 $498,000 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 183 $616,177 83 days
Multi-Million Dollar Homes 23 $1,454,261 139 days
Newly Built Homes 15 $1,166,333 138 days
Homes with a Pool 87 $686,354 85 days
Reduced Price Homes 9 $462,033 79 days

School Data

Highly Rated Germantown Schools

9

RIVERDALE ELEMENTARY SCHOOL
Middle School
Public

9

HOUSTON HIGH SCHOOL
High School
Public