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Fixer Upper Homes in Germantown, TN

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Germantown, TN Foreclosures

How much do homes sell for in Germantown, TN?
The average home price is currently $563,216.
In Germantown, TN, how many homes are available?
There are currently 1 active home listings available in Germantown.
What’s the average rental cost in Germantown, TN?
The average rental price in Germantown is $2,296.
What is the most expensive home in Germantown?
The most expensive home sold in Germantown had a price of $7,088,730.
What is currently the cheapest priced home in Germantown, TN?
The cheapest home for sale in Germantown is priced at $27,710.

Living in Germantown, TN

Germantown, TN, is an appealing suburban area just outside Memphis, celebrated for its excellent schools, beautiful parks, and strong community feel. Residents enjoy a mix of spacious homes and modern amenities. The city features a variety of dining and shopping options, making it a highly sought-after location for families and professionals alike.

Current Market Conditions in Germantown, TN

Germantown's real estate market is known for its stability and moderate growth, characterized by a competitive environment due to the desirable living conditions and excellent school systems. Current trends are showing increasing demand for single-family homes, with buyers attracted to the suburban lifestyle and community amenities.

The past year has seen home prices gradually increase as demand continues to outpace inventory. Many buyers are looking to settle in Germantown for its proximity to Memphis while still enjoying the benefits of a suburban lifestyle.

Home Value Estimator For Germantown, TN

There are currently 13,742 real estate properties in Germantown, TN, with a median automated valuation model (AVM) price of $484,575.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Germantown, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Germantown, TN, is $563,216.00, with the most expensive house in Germantown, TN, topping out at $7,088,730.00 and the cheapest home in Germantown, TN, clocking in at $27,710.00. In other words, there’s something for every potential homebuyer or savvy investor in Germantown, TN!

Rent Prices In Germantown, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Germantown, TN, is on a rollercoaster ride. The average rent price in Germantown, TN, is $2,296.00. Indeed, when looking to rent in Germantown, TN, you can expect to pay as little as $750.00 or as much as $3,640.00, with the average rent median estimated to be $2,260.00. The good news is that finding an affordable and desirable property to rent in Germantown, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Germantown, TN Fixer Upper Homes

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