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Rent To Own 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 $566,714.
In Germantown, TN, how many homes are available?
There are currently 9 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 $7,080,136.
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 a vibrant suburban community located just east of Memphis. Known for its quality schools, safe neighborhoods, and beautiful parks, Germantown offers residents a family-friendly atmosphere with a variety of amenities. With a rich history and a strong sense of community, this area is perfect for those seeking a suburban lifestyle close to the city.

Current Market Conditions in Germantown, TN

The Germantown real estate market is currently robust, with a steady increase in home values and demand. Over the past few months, there has been a notable uptick in competitive offers as buyers seek residential properties in this desirable area. With new developments and ongoing attraction to the community, it's expected that new listings will continue to provide opportunities for buyers and investors alike.

Germantown's market has shown a resilience against broader economic shifts, with homes selling quickly and often above asking price. The influx of individuals and families looking to relocate or upgrade highlights the area's appeal, supported by its amenities, schools, and safety.

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 $488,044.00. 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 $566,714.00, with the most expensive house in Germantown, TN, topping out at $7,080,136.00 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 Rent To Own Homes

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