Germantown, TN housing market
The typical Germantown home is worth about $486,000, down 1% in a year, 45% above the Tennessee typical home. Homes typically sell in 20 days, below asking.
Home values, sales, trends and how Germantown compares with the towns next door — updated as new data is published.
Germantown at a glance
A seller's market
Supply is tight — about 3.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Germantown | Tennessee |
|---|---|---|
| 2017 | $307,000 | $174,000 |
| 2018 | $323,000 | $187,000 |
| 2019 | $340,000 | $198,000 |
| 2020 | $359,000 | $215,000 |
| 2021 | $394,000 | $238,000 |
| 2022 | $446,000 | $287,000 |
| 2023 | $479,000 | $313,000 |
| 2024 | $489,000 | $326,000 |
| 2025 | $494,000 | $334,000 |
| 2026 | $491,000 | $333,000 |
| August 2026 | $486,000 | $334,000 |
Germantown and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Germantown | $486K | −1% | 20 | $149,920 |
| Memphis | $145K | −2.8% | 40 | $51,736 |
| Collierville | $506K | −1.4% | 27 | $138,598 |
3.2 years of income
The typical Germantown home costs about 3.2 years of the town's median household income, less than across Tennessee (4.8 years).
How Germantown ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Germantown
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.