Germantown, TN
Housing market overview · Updated weekly
$484,500median sale price
Homes sold
38
Last 12 weeks
Days on market
47
Average pace
Active listings
150
3.9 months supply
Sale-to-list
98.1%
Below asking
The Germantown housing market is currently classified as a balanced market with a median sale price of $484,500. Prices have fallen 1.1% compared to last year, with homes spending an average of 47 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Germantown?
The median home sale price in Germantown is $484,500, down 1.1% from last year.
How long do homes stay on market in Germantown?
Homes typically spend 47 days on market before going under contract.
Is Germantown a buyer's or seller's market?
With 3.9 months of supply, Germantown is currently a balanced market.
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