Data as of April 2026. Source: Realtor.com.
The GERMANTOWN, TN real estate market (38138) currently shows 189 active listings, with 65 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 47 days on market compared to 42 days last year.
The median listing price has risen 0.4% year-over-year, from $474,950 to $477,000.
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 April 2026, there are 189 active listings in GERMANTOWN, TN (zip code 38138), compared to 165 the prior year.
The median listing price in GERMANTOWN, TN 38138 is $477,000 as of April 2026, a 0.4% increase from $474,950 the prior year.
Homes in GERMANTOWN, TN 38138 spend an average of 47 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of April 2026, GERMANTOWN, TN 38138 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in GERMANTOWN, TN 38138 save an estimated $9,540 compared to a typical 5% commission on the median listing price of $477,000. 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.