Germantown, Tennessee is a safe and upscale community with a nostalgic downtown, excellent schools and new residential construction. Germantown has become one the most well-rounded, livable and safest communities in the Mid-South. Real estate options in Germantown consist of single-family homes, condominiums and townhouses. (more)
Residents of Germantown, TN enjoy a relatively sophisticated atmosphere that fosters appreciation for arts, education, culture, nature and family values. The city has the shopping, dining and entertainment amenities to serve its resident base of approximately 40,000, but it has also managed to protect its traditional, suburban quality of life. This is partially rooted in the city's dedication to the conservation of its natural landscapes. There are 20 parks city-wide, such that every resident lives within a short distance of a beautiful public space.
On the merit of the city's environmentally conscious outlook and activities, Germantown has been awarded the "Tree City USA" designation. All these qualities, combined with the city's proximity to Memphis, have made Germantown extraordinarily popular with the Memphis workforce. A 20-mile commute eastbound brings Germantown residents to the heart of Memphis and its many employment opportunities.
Major roadways in the Germantown area include Interstate 40, Interstate 240 and U.S. Route 72. In terms of employment, the primary industries in the area are: educational, health and social services; professional, scientific and management services; transportation and warehousing; and finance, insurance and real estate. Retail trade and manufacturing are also strong.
Families with children have to appreciate the quality of public education in Germantown. Shelby County Public Schools consistently helps students explore their academic and athletic potential. Local schools have an enviable record of excellent standardized test scores, plus a dedicated group of active parent volunteers. The nine campuses within city limits serve a total student population of almost 10,000.
High school graduates also have nearby options for continued education. Southwest Tennessee Community College has two campuses within 15 miles of Germantown. The University of Memphis, home to a full-time enrollment of 15,000, is also located within 15 miles.
Arts & Culture
Another pleasing lifestyle aspect of Germantown is its dedication to the arts. In the 1990s, the community rallied to bring a world-class concert hall to Germantown. The result of these efforts was the 1994 opening of the Germantown Performing Arts Centre. In addition to hosting big-name talent, the centre provides an ongoing home for the IRIS Chamber Orchestra, Germantown Symphony Orchestra and other live music, dance and family events.
Germantown hosts two main community events each year. At the Germantown festival, visitors can enjoy arts and crafts activities, carnival games, food, live music and the annual dachshund race. The other event, Germantown Charity Horse Show, has been a staple of the community since 1947. Over the course of several days, equestrians of many disciplines have the opportunity to compete. Spectators come from miles around to see hunters, jumpers, American Saddlebreds, Tennessee Walking Horses, Hackney ponies and more show off their talents in the arena.
Germantown Real Estate for Sale
Germantown's real estate inventory includes apartments in Downtown Germantown, plus more secluded townhouses and detached, single-family homes along quiet residential streets. The quality of the properties available is excellent. New construction and older homes that have been very well maintained make up most of the available inventory. (more)
Prices for detached, single-family homes for sale in Germantown, TN range from the low $200,000s up to $2 million or more. At the high end are luxurious homes with expansive layouts and many custom features, including swimming pools. These exclusive properties are complemented by an array of beautiful homes priced below $600,000. A multi-story, colonial home with exterior brick accents is a popular choice in this category. Condominiums offer the same Germantown quality of life for a lower price tag; most units can be purchased for less than $200,000.
Germantown, Tennessee Average Home Sizes and Asking Prices
Asking Price in 38138 - 3 Bedroom Single Family Homes
Germantown Real Estate Stats and Trends for the week of August 15th, 2016: homes priced around $218,607 compared to $218,607 the previous week, to remain steady with no change in listing price. For Saturday, August 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.40%; the 15 year fixed rate is at 2.67%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 3.80%, while the 15 year jumbo rate currently is at 3.49%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Germantown TN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Germantown to help you find the best home!