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Germantown

Germantown Market Report

$721,689

AVERAGE PRICE OF 140 HOMES

$1,846,466

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$1,535,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$872,141

AVERAGE PRICE OF 63 HOMES WITH A POOL

$928,800

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price	$721,689
Avg Bedrooms	4.09 beds
Avg Bathrooms	3.08 baths

Average Price by Bedrooms

2 bedrooms	$245,224
3 bedrooms	$455,590
4 bedrooms	$619,543
5 bedrooms	$949,857

Germantown Home Price Trends

	10/2023	9/2023	8/2023	7/2023	6/2023
Total Listings	141	170	174	167	154
Average Price	$713,376	$663,639	$665,689	$680,014	$692,045
Avg Price Change	+7.49%	-0.31%	-2.15%	-1.77%	+0.45%
Median Price	$537,337	$519,043	$535,387	$538,099	$547,357
Med Price Change	+3.52%	-3.15%	-0.51%	-1.72%	+0.07%
Avg Bedrooms	4.07 beds	4.03 beds	4.08 beds	4.13 beds	4.19 beds
Avg Bathrooms	3.03 baths	2.93 baths	3 baths	3.08 baths	3.08 baths

	Total Homes	Average Price	Avg Days on Site
All Homes	140	$721,689	64 days
Multi-Million Dollar Homes	20	$1,846,466	93 days
Newly Built Homes	2	$1,535,000	76 days
Homes with a Pool	63	$872,141	70 days
Reduced Price Homes	5	$928,800	96 days

Copyright © 2023 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited. This listing was refreshed on November 28, 2023