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

$621,103

AVERAGE PRICE OF 172 HOMES

$1,513,223

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$1,100,692

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$683,907

AVERAGE PRICE OF 58 HOMES WITH A POOL

$478,266

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $621,103
Avg Bedrooms 4.26 beds
Avg Bathrooms 3.29 baths

Average Price by Bedrooms

2 bedrooms $179,350
3 bedrooms $316,986
4 bedrooms $501,559
5 bedrooms $827,522
Germantown Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 205 200 197 194 190
Average Price $606,053 $628,670 $621,345 $618,227 $588,400
Avg Price Change -3.73% +1.18% +0.50% +5.07% -7.52%
Median Price $440,523 $459,610 $468,988 $469,965 $430,786
Med Price Change -4.33% -2.04% -0.21% +9.09% -4.07%
Avg Bedrooms 4.22 beds 4.25 beds 3.7 beds 4.29 beds 4.22 beds
Avg Bathrooms 3.2 baths 3.23 baths 3.2 baths 3.3 baths 3.19 baths
Total Homes Average Price Avg Days on Site
All Homes 172 $621,103 75 days
Multi-Million Dollar Homes 22 $1,513,223 171 days
Newly Built Homes 13 $1,100,692 214 days
Homes with a Pool 58 $683,907 91 days
Reduced Price Homes 6 $478,266 43 days
Copyright © 2020 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited. This listing was refreshed on October 26, 2020
All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Copyright 2020 RealTracs Solutions. Listing information last updated on October 26, 2020.
Copyright 2020 Northwest Mississippi Association of REALTORS® - REALTOR® Services Corporation Copyright© 2020 by the Multiple Listing Service of REALTOR® SERVICES CORPORATION a subsidiary of the Northwest Mississippi Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the REALTOR® SERVICES CORPORATION a subsidiary of the Northwest Mississippi Association of REALTORS®. Mississippi recognizes single and dual agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is not prohibited.
This site powered by CINC: www.cincpro.com