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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

$574,344

AVERAGE PRICE OF 204 HOMES

$1,373,722

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$847,535

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$668,106

AVERAGE PRICE OF 79 HOMES WITH A POOL

$527,870

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $574,344
Avg Bedrooms 3.65 beds
Avg Bathrooms 3.14 baths

Average Price by Bedrooms

2 bedrooms $123,952
3 bedrooms $327,234
4 bedrooms $467,287
5 bedrooms $749,682
Germantown Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 165 139 134 149 184
Average Price $562,325 $578,623 $561,571 $539,822 $565,155
Avg Price Change -2.90% +3.04% +4.03% -4.69% -2.69%
Median Price $456,863 $454,384 $424,477 $421,233 $432,794
Med Price Change +0.55% +7.05% +0.77% -2.74% -3.20%
Avg Bedrooms 3.63 beds 4.33 beds 4.26 beds 4.23 beds 4.28 beds
Avg Bathrooms 3.13 baths 3.3 baths 3.25 baths 3.22 baths 3.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Shelby County 1 $369,900 11 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 204 $574,344 42 days
Multi-Million Dollar Homes 18 $1,373,722 121 days
Newly Built Homes 14 $847,535 181 days
Homes with a Pool 79 $668,106 40 days
Reduced Price Homes 10 $527,870 64 days

School Data

Highly Rated Germantown Schools

9

RIVERDALE ELEMENTARY SCHOOL
Middle School
Public

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