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Germantown, TN Real Estate

Germantown is a city in Shelby County, Tennessee with a population of about 40,812. The median home value is near $441,200, and median rent runs around $1,760/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$441,200
Median Rent
$1,760/mo
Population
40,812
Median Income
$144,799
Median Age
43.9
Homeownership
86.2%

Monthly payment on a median Germantown home

Example for a $441,200 home: 20% down, 30-yr at ~6.75%, TN property tax ~0.66%, 0.4% insurance.

Est. monthly (PITI)
$2,679
Principal & interest
$2,289
Property tax / mo
$243
Down payment (20%)
$88,240

Germantown at a glance

  • 38.1% of residents 25+ hold a bachelor's degree or higher.
  • 86.2% of occupied homes are owner-occupied.
  • Median household income is $144,799.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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