Active Listings
160
⇧ 1.9% vs 157 last year
Data as of September 2026. Source: Realtor.com.
The GERMANTOWN, TN real estate market (38138) currently shows 160 active listings, with 48 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 69 days on market compared to 77 days last year.
The median listing price has risen 0.6% year-over-year, from $504,350 to $507,500.
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 September 2026, there are 160 active listings in GERMANTOWN, TN (zip code 38138), compared to 157 the prior year.
The median listing price in GERMANTOWN, TN 38138 is $507,500 as of September 2026, a 0.6% increase from $504,350 the prior year.
Homes in GERMANTOWN, TN 38138 spend an average of 69 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of September 2026, GERMANTOWN, TN 38138 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 69 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in GERMANTOWN, TN 38138 save an estimated $10,150 compared to a typical 5% commission on the median listing price of $507,500. 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.