The Town Center Germantown housing market is very competitive. The median sale price of a home in Town Center Germantown was $249K last month, up 6.4% since last year. The median sale price per square foot in Town Center Germantown is $285, up 13.7% since last year.
What is the housing market like in Town Center Germantown today?
In March 2024, Town Center Germantown home prices were up 6.4% compared to last year, selling for a median price of $249K. On average, homes in Town Center Germantown sell after 39 days on the market compared to 18 days last year. There were 6 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$249,000
+6.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Town Center Germantown, MD
$249,000
+6.4%
United States
To compare other locations to the Town Center Germantown and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Germantown add value to a home.
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How hot is the Town Center Germantown housing market?
Town Center Germantown is very competitive. Homes sell in 19 days.
0
100
80
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 19 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.2%
+0.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Town Center Germantown, MD
99.2%
+0.7 pt
United States
Home offer insights for Town Center Germantown
Explore recent offers and recently sold homes in Town Center Germantown
Recent offers
View houses in Town Center Germantown that sold recently
Recently sold homes
SOLD APR 16, 2024
$17,500
—beds
—baths
292 sq ft
19620 Galway Bay Cir Unit GU8, Germantown, MD 20874
Learn about schools in the Town Center Germantown area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Town Center Germantown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Town Center Germantown.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Town Center Germantown has a moderate risk of flooding. 9 properties in Town Center Germantown are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Town Center Germantown. Flood risk is increasing slower than the national average.
49% of properties are at risk of wildfire over the next 30 years
Fire Factor
Town Center Germantown has a minor risk of wildfire. There are 221 properties in Town Center Germantown that have some risk of being affected by wildfire over the next 30 years. This represents 49% of all properties in Town Center Germantown.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Town Center Germantown has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Town Center Germantown is most at risk from hurricanes. 449 properties in Town Center 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 58 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 72 mph.
75% of properties are at major
risk of heat over the next 30 years
Heat Factor
Town Center Germantown has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 75% of homes in Town Center Germantown have a Major Heat Factor®.
Town Center Germantown is expected to see a 128% increase in the number of days over 102ºF over the next 30 years. Town Center Germantown is expected to experience 6