The Germantown housing market is somewhat competitive. The median sale price of a home in Germantown was $590K last month, down 24.8% since last year. The median sale price per square foot in Germantown is $572, up 3.5% since last year.
What is the housing market like in Germantown today?
In April 2024, Germantown home prices were down 24.8% compared to last year, selling for a median price of $590K. On average, homes in Germantown sell after 79 days on the market compared to 54 days last year. There were 10 homes sold in April this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$590,000
-24.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Germantown, TN
$590,000
-24.8%
United States
To compare other locations to the Germantown and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Nashville add value to a home.
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How hot is the Germantown housing market?
Germantown is somewhat competitive. Homes sell in 92 days.
0
100
30
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 92 days.
Hot homes
can sell for about 1% below list price and go pending in around 47 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Germantown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Germantown.
Risk Factor
Flood Factor - Severe
40% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Germantown has a severe risk of flooding. 249 properties in Germantown are likely to be
severely affected
by flooding over the next 30 years. This represents 40% of all properties in Germantown. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Germantown has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Germantown is most at risk from hurricanes. 755 properties in Germantown have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 60 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.