Housing in Germantown, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$455,000

Median List Price

$577,450

Price Per Sq Ft

$162

Days on Market

47

Active Inventory

128

Months of Supply

6.4

Buyer's market

Zillow Home Value

$473,098

ZHVI — January 2026

Zillow Rent Index

$2,217

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.1%List Price 22.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

5.0%

Off Market in 2 Weeks

18.4%

Sale-to-List Ratio

94.6%

Buyer's market

Sold Above Asking
5.0%
Under Contract in 2 Wks
18.4%
Listings with Price Drops
21.1%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

138

Pending Sales

49

Homes Sold 60.8%New Listings 115.6%Pending 24.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$162

Median List $/SF

$149

Sale $/SF 6.4%List $/SF 17.7%Mar 24Jan 26

Germantown vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Germantown is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$441,200

Median Rent

$1,760

Total Housing Units

16,134

Vacancy Rate

3.6%

Owner Occupied

86.2%

Renter Occupied

13.8%

Median Property Tax

$4,654

per year

Monthly Cost (w/ Mortgage)

$2,030

Housing Types

Single Family
86.8%
Multi-Family
13.1%
Mobile Home
0.1%

The current median sale price in Germantown, TN is $455,000 according to Redfin data. Homes spend a median of 47 days on the market. 5.0% of homes sold above asking price. The market has 6.4 months of supply. The median price per square foot is $162. Zillow's observed rent index is $2,217/month. About 86.2% of housing units are owner-occupied. The median year homes were built is 1983. There are 16,134 total housing units.