Active Listings
164
⇧ 19.7% vs 137 last year
Data as of March 2026. Source: Realtor.com.
The GERMANTOWN, TN real estate market (38138) currently shows 164 active listings, with 54 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.
Homes are selling faster, averaging 43 days on market compared to 51 days last year.
The median listing price has fallen 7.4% year-over-year, from $522,400 to $483,675.
Whether you are buying or selling in GERMANTOWN, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 25,465 · Density: 829.2/mi² · Median household income: $122,627
Typical home value: $367,531 · Homeownership: 81.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38138 | Germantown, TN 38138 | 0.0 mi | 130 | $88,391,810 | $492,500 | $679,937 |
| 38119 | Memphis, TN 38119 | 2.7 mi | 105 | $36,298,815 | $299,450 | $345,703 |
| 38018 | Cordova, TN 38018 | 4.1 mi | 153 | $65,400,003 | $359,000 | $427,451 |
| 38115 | Memphis, TN 38115 | 4.2 mi | 66 | $9,054,804 | $124,725 | $137,194 |
| 38117 | Memphis, TN 38117 | 6.4 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38134 | Memphis, TN 38134 | 7.2 mi | 95 | $23,323,355 | $246,875 | $245,509 |
| 38017 | Collierville, TN 38017 | 8.3 mi | 321 | $226,867,392 | $610,975 | $706,752 |
| 38122 | Memphis, TN 38122 | 8.6 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38654 | Olive Branch, MS 38654 | 10.4 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38112 | Memphis, TN 38112 | 10.9 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38108 | Memphis, TN 38108 | 11.2 mi | 93 | $10,026,609 | $109,250 | $107,813 |
| 38104 | Memphis, TN 38104 | 12.0 mi | 147 | $51,369,444 | $299,000 | $349,452 |
| 38116 | Memphis, TN 38116 | 12.5 mi | 72 | $13,091,688 | $171,725 | $181,829 |
As of March 2026, there are 164 active listings in GERMANTOWN, TN (zip code 38138), compared to 137 the prior year.
The median listing price in GERMANTOWN, TN 38138 is $483,675 as of March 2026, a 7.4% decrease from $522,400 the prior year.
Homes in GERMANTOWN, TN 38138 spend an average of 43 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of March 2026, GERMANTOWN, TN 38138 is currently a Balanced Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in GERMANTOWN, TN 38138 save an estimated $9,674 compared to a typical 5% commission on the median listing price of $483,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.