Bryan Realty

Germantown, TN 38139

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN 38139

Tue Sep 28 2021
This week the median list price for Germantown, TN 38139 is $700,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has increased to 19. Click here to stay informed with the Germantown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Germantown, TN 38139

Tue Sep 28 2021
This week the median list price for Germantown, TN 38139 is $700,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has increased to 19. Click here to stay informed with the Germantown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $700,000
Median Price of New Listings $495,000
Per Square Foot $157
Average Days on Market 110
Median Days on Market 35
Price Decreased 11%
Price Increased 5%
Relisted 16%
Inventory 19
Median Rent
Market Action 63
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,644,500 7,849 2.5 - 5 acres 5 6 8 1 0 283
$949,900 6,499 1 - 2.5 acres 5 4 27 0 0 42
$608,000 3,499 0.25 - 0.5 acre 4 3 22 1 0 84
$469,500 3,299 0.25 - 0.5 acre 4 2 38 3 1 7