Germantown, WI Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Germantown, WI Housing Market Trends

With 20,116 people, 8,104 houses or apartments, and a median cost of homes of $303,497, Germantown real estate is some of the most expensive in Wisconsin, although Germantown home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Germantown, accounting for 62.71% of the village's housing units. Other types of housing that are prevalent in Germantown include large apartment complexes or high rise apartments ( 19.01%), row houses and other attached homes ( 9.81%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.22%).

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 76.98% of Germantown's homes, and 65.52% 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 ( 19.19%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.87%). There's also some housing in Germantown built before 1939 ( 3.57%).

Germantown Home Appreciation Rates

Real estate appreciation rates in Germantown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.97% during the period.

Over the last year, Germantown appreciation rates have trailed the rest of the nation. In the last twelve months, Germantown's appreciation rate has been 6.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Germantown were at 1.91%, which equates to an annual appreciation rate of 7.84%.

Notably, Germantown's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Wisconsin, our data show that Germantown's latest annual appreciation rate is lower than 70% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$303,497

Germantown, WI HOME PRICES

> $1,181,000
0.6%
0.6%
$885,001 - $1,181,000
0.3%
0.3%
$590,001 - $885,000
5.0%
5.0%
$472,001 - $590,000
9.4%
9.4%
$354,001 - $472,000
19.5%
19.5%
$236,001 - $354,000
36.0%
36.0%
$118,001 - $236,000
21.4%
21.4%
$59,001 - $118,000
5.6%
5.6%
$0 - $59,000
2.2%
2.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for WI

Value Relative To Nation

Number Of Homes And Apartments:
8,104

Germantown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
62.04% 2.27%
5
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,551 / per month

Homeownership Rate

Owners
77.0%
77.0%
Renters
23.0%
23.0%
Vacant
4.6%
4.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
19.2%
19.2%
1970 - 1999
61.4%
61.4%
1940 - 1969
15.9%
15.9%
1939 or Older
3.6%
3.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
62.7%
62.7%
Townhomes
9.8%
9.8%
Small Apt. Buildings
6.2%
6.2%
Apt. Complexes
19.0%
19.0%
Mobile Homes
2.2%
2.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.3%
0.3%
1 Bedroom
5.6%
5.6%
2 Bedrooms
25.6%
25.6%
3 Bedrooms
44.8%
44.8%
4 Bedrooms
20.7%
20.7%
5 or more bedrooms
3.0%
3.0%
0.0% 100.0%
% OF HOMES