Germantown Real Estate Market Sees Home Sales Decline

The Germantown market remained cool with 24 homes sold in the last 30 days, a 17.2% sales drop. On the other hand, the close-by Roxborough neighborhood registered 35 homes sold in those same 30 days, the most of all surrounding neighborhoods. Prices are falling in Germantown, and this period the median price of all sales fell from $72,000 to $67,500. With decreasing sales and the availability of eight months of inventory, Germantown is a definite buyer's market.

Trying to find a home in Germantown that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$439K   $249K   $249K  

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

Demographic facts for Germantown:

  • The average elevation in this area is 207 feet.
  • The area's median income per household is $32,892.
  • The student per counselor ratio in this area is 569:1. (513:1 = national average)

Data reported through 1/11/2017

Comments:

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

©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.