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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

$628,322

AVERAGE PRICE OF 144 HOMES

$1,461,200

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$1,256,445

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$715,812

AVERAGE PRICE OF 67 HOMES WITH A POOL

$580,125

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $628,322
Avg Bedrooms 4.34 beds
Avg Bathrooms 3.37 baths

Average Price by Bedrooms

2 bedrooms $173,840
3 bedrooms $345,200
4 bedrooms $456,071
5 bedrooms $860,325
Germantown Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 176 203 214 222 212
Average Price $603,280 $602,645 $609,240 $586,194 $598,659
Avg Price Change +0.11% -1.09% +3.93% -2.13% +6.35%
Median Price $458,427 $455,215 $460,329 $458,744 $471,978
Med Price Change +0.71% -1.12% +0.35% -2.88% +7.27%
Avg Bedrooms 4.64 beds 4.65 beds 4.67 beds 4.62 beds 4.32 beds
Avg Bathrooms 3.64 baths 3.65 baths 3.68 baths 3.64 baths 3.36 baths
Total Homes Average Price Avg Days on Site
All Homes 144 $628,322 97 days
Multi-Million Dollar Homes 20 $1,461,200 176 days
Newly Built Homes 9 $1,256,445 185 days
Homes with a Pool 67 $715,812 106 days
Reduced Price Homes 4 $580,125 62 days

School Data

Highly Rated Germantown Schools

9

RIVERDALE ELEMENTARY SCHOOL
Middle School
Public

9

HOUSTON HIGH SCHOOL
High School
Public