Germantown, TN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Germantown Neighborhoods Since 2000




Germantown, TN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Germantown Housing Market Information

With a population of 39,240, 14,476 total housing units (homes and apartments), and a median house value of $316,009, Germantown house prices are not only among the most expensive in Tennessee, Germantown real estate also is some of the most expensive in all of America.

Germantown is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Germantown than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Germantown. Owner-occupied housing accounts for 86.28% of Germantown's homes, and 71.98% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Germantown built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Germantown built between 2000 and later ( 13.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.34%). There's also some housing in Germantown built before 1939 ( 1.16%).

Germantown Home Appreciation Rates

Appreciation rates for homes in Germantown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.32%, which ranks in the top 40% nationwide. This equates to an annual average Germantown house appreciation rate of 0.52%.

NeighborhoodScout's data show that during the latest twelve months, Germantown's appreciation rate, at 4.63%, has been at or slightly above the national average. In the latest quarter, Germantown's appreciation rate has been 0.35%, which annualizes to a rate of 1.41%.

Relative to Tennessee, our data show that Germantown's latest annual appreciation rate is higher than 60% of the other cities and towns in Tennessee.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Germantown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Germantown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Germantown real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$316,009

Germantown, TN HOME PRICES

Value Range
> $1,122,000 2.3
$842,001 - $1,122,000 3.1
$561,001 - $842,000 8.6
$449,001 - $561,000 11.2
$337,001 - $449,000 21.9
$225,001 - $337,000 37.2
$113,001 - $225,000 11.8
$56,001 - $113,000 2.2
$0 - $56,000 1.8

Very High for TN
Very High for Nation

Value Relative to Nation Value Relative to State
14.9478495253721 3.8265306122449

Number Of Homes And Apartments:
14,476

Germantown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
26.45% 1.37% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,672 / per month

Homeownership Rate

Homeownership
Owners 86.28
Renters 13.72
Vacant 6.58

Housing Market Details

 

Age of Homes

AGE OF Germantown HOMES
2000 or Newer 13.5
1970 - 1999 79.0
1940 - 1969 6.3
1939 or Older 1.2

Types of Homes

TYPE OF Germantown HOMES
Single-Family 83.6
Townhomes 5.1
Small Apt. Buildings 2.9
Apt. Complexes 8.3
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Germantown HOMES
No Bedroom 0.45
1 Bedroom 3.56
2 Bedrooms 8.16
3 Bedrooms 20.54
4 Bedrooms 51.45
5 or more bedrooms 15.84