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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

$625,571

AVERAGE PRICE OF 146 HOMES

$1,468,500

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$1,195,800

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$710,081

AVERAGE PRICE OF 67 HOMES WITH A POOL

$406,580

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $625,571
Avg Bedrooms 4.33 beds
Avg Bathrooms 3.37 baths

Average Price by Bedrooms

2 bedrooms $161,516
3 bedrooms $338,542
4 bedrooms $454,306
5 bedrooms $866,308
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 146 $625,571 97 days
Multi-Million Dollar Homes 20 $1,468,500 172 days
Newly Built Homes 10 $1,195,800 176 days
Homes with a Pool 67 $710,081 104 days
Reduced Price Homes 5 $406,580 34 days

School Data

Highly Rated Germantown Schools

9

RIVERDALE ELEMENTARY SCHOOL
Middle School
Public

9

HOUSTON HIGH SCHOOL
High School
Public