All Home Types
Germantown, TN Housing Market
What is the housing market like in Germantown today?
In October 2024, Germantown home prices were down 10.4% compared to last year, selling for a median price of $483K. On average, homes in Germantown sell after 28 days on the market compared to 50 days last year. There were 36 homes sold in October this year, down from 63 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$483,000
-10.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Germantown, TN
$483,000
-10.4%
United States
Germantown Migration & Relocation Trends
In Sep '24 - Nov '24, 24% of Germantown homebuyers searched to move out of Germantown, while 76% looked to stay within the metropolitan area.
- Across the nation, 0.30% of homebuyers searched to move into Germantown from outside metros.
- Los Angeles homebuyers searched to move into Germantown more than any other metro followed by Knoxville and Jackson.
Where are people moving to Germantown from?
- 76% of Germantown homebuyers searched to stay within the Germantown metropolitan area.
- Little Rock was the most popular destination among Germantown homebuyers followed by Hot Springs and Fayetteville.
Where are people from Germantown moving to?
Number of People Moving to Germantown
least
most
People are moving to Germantown from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 269 | ||
| 2 | 168 | ||
| 3 | 161 | ||
| 4 | 159 | ||
| 5 | 101 | ||
| 6 | 98 | ||
| 7 | 89 | ||
| 8 | 88 | ||
| 9 | 87 | ||
| 10 | 78 | ||
People are leaving Germantown for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 123 | ||
| 2 | 40 | ||
| 3 | 38 | ||
| 4 | 34 | ||
| 5 | 20 | ||
| 6 | 14 | ||
| 7 | 14 | ||
| 8 | 10 | ||
| 9 | 10 | ||
| 10 | 9 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Germantown.
Provided by First Street Foundation
Transportation in Germantown
Learn about the walkability, bikeability, and transit-friendliness of Germantown
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