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GERMANTOWN, TN 38139

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The GERMANTOWN, TN real estate market (38139) currently shows 97 active listings, with 21 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 1 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 1.1% year-over-year, from $633,950 to $641,150.

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Market Context

Market Context

Population: 16,627  ·  Density: 737.5/mi²  ·  Median household income: $174,396

Typical home value: $496,658  ·  Homeownership: 97.1%

Market Overview

Active Listings
97
⇧ 1% vs 96 last year
Pending
21
22% pending ratio
Median Price
$641,150
⇧ 1.1% vs $633,950 last year
Average Price
$783,047
⇧ 4.8% vs $747,502 last year
Days on Market
69
⇩ 10.4% vs 77 days last year

Price Per Square Foot

Median $/sqft
$173
— vs $173/sqft last year
Median Home Size
3,720 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 96 last year
  • Days on market: 69 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $641,150 (+1.1% YoY)
  • Average: $783,047 (+4.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.2 miles — 1,461 listings ($508,635,445 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38139Germantown, TN 381390.0 mi74$55,425,778$606,200$748,997
38018Cordova, TN 380183.6 mi153$65,400,003$359,000$427,451
38119Memphis, TN 381195.1 mi105$36,298,815$299,450$345,703
38120Memphis, TN 381206.0 mi94$64,776,246$478,688$689,109
38115Memphis, TN 381156.5 mi66$9,054,804$124,725$137,194
38134Memphis, TN 381348.6 mi95$23,323,355$246,875$245,509
38133Memphis, TN 381339.0 mi66$21,566,358$318,700$326,763
38118Memphis, TN 3811810.4 mi105$15,429,540$139,500$146,948
38111Memphis, TN 3811110.8 mi215$52,876,670$185,675$245,938
38135Memphis, TN 3813511.8 mi82$28,023,090$326,850$341,745
38114Memphis, TN 3811413.0 mi110$16,903,700$114,950$153,670
38108Memphis, TN 3810813.3 mi93$10,026,609$109,250$107,813
38002Arlington, TN 3800214.2 mi203$109,530,477$545,720$539,559

Frequently Asked Questions

How many homes are for sale in GERMANTOWN, TN 38139?

As of September 2026, there are 97 active listings in GERMANTOWN, TN (zip code 38139), compared to 96 the prior year.

What is the median home price in GERMANTOWN, TN 38139?

The median listing price in GERMANTOWN, TN 38139 is $641,150 as of September 2026, a 1.1% increase from $633,950 the prior year.

How long do homes stay on the market in GERMANTOWN, TN?

Homes in GERMANTOWN, TN 38139 spend an average of 69 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in GERMANTOWN, TN 38139?

Based on current inventory and days-on-market data as of September 2026, GERMANTOWN, TN 38139 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 69 days on market compared to 77 days last year.

How much can I save on real estate commission in GERMANTOWN, TN?

With SELL123.com's maximum 3% commission, sellers in GERMANTOWN, TN 38139 save an estimated $12,823 compared to a typical 5% commission on the median listing price of $641,150. 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.