October's First-Time Homebuyer Report for Germantown

Germantown is a larger than average neighborhood in Philadelphia with 22,701 residents. Also, it has a lower than average density with 17,977.6 people per square mile. Germantown is made up of homes that are older than most with a median of 69 years. The top schools in the neighborhood are Hill J E/Freedman Samson and Girls High School.


According to Foursquare, A & N House Of Produce, Save-A-Lot, and Walgreens are the most popular retail spots in Germantown. If you like outdoor activities, some popular spots are Planet Fitness and Awbury Arboretum. For arts and entertainment, you'll find Cliveden of the National Trust and Ebenezer Mansion.

Price Range

Homes in Germantown are worth a median of $114,057, similar to other parts of Philadelphia. Additionally, the list prices of available homes is currently at an average of $84,178. In this week's report, the number of homes sold in the Germantown market fell to 44 over the past 30 days, a decrease of 12.0% from last week's report, but still above the monthly average.

Curious as to which homes have been getting the most attention in Germantown? These listings have stirred up interest and produced the most views:

$130K   $139K   $124K  

Typical Dwelling

The typical dwelling in Germantown is a three-bedroom townhouse worth about $82,165. To purchase a similar home, a buyer with good credit and a $16,433 cash down payment could obtain a mortgage with a 3.95% interest rate and a $331 monthly payment. The property tax rate is $15.59 per $1,000 of taxable assessed value.

Get started right now by checking out Germantown homes for sale or reviewing Germantown real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
RE/MAX Hometown Realtors
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Artisan Realty
Snapped 2 homes in this area
Revel Realty
Snapped 1 home in this area

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