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GERMANTOWN, TN 38139

Real Estate Market Report  ·  Shelby County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
68
⇧ 54.5% vs 44 last year
Pending
15
22% pending ratio
Median Price
$628,750
⇧ 5.7% vs $594,900 last year
Average Price
$733,439
⇧ 9.4% vs $670,694 last year
Days on Market
92
⇧ 46% vs 63 days last year

Market Context

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

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

Market Analysis

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

The GERMANTOWN, TN real estate market (38139) currently shows 68 active listings, with 15 pending sales. Homes are averaging 92 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 92 days on market compared to 63 days last year.

The median listing price has risen 5.7% year-over-year, from $594,900 to $628,750.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 44 last year
  • Days on market: 92 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $628,750 (+5.7% YoY)
  • Average: $733,439 (+9.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.6 miles — 1,633 listings ($754,541,897 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38139Germantown, TN 381390.0 mi68$49,873,852$628,750$733,439
38018Cordova, TN 380183.6 mi141$55,623,513$354,500$394,493
38088Cordova, TN 380885.0 mi1$139,000$139,000$139,000
38017Collierville, TN 380175.9 mi319$222,567,576$599,900$697,704
38016Cordova, TN 380166.5 mi149$49,009,229$325,000$328,921
38141Memphis, TN 381417.4 mi52$9,722,388$184,500$186,969
38117Memphis, TN 381178.7 mi192$70,074,240$277,500$364,970
38028Eads, TN 380289.7 mi57$74,997,351$749,950$1,315,743
38122Memphis, TN 3812210.6 mi94$17,636,092$164,960$187,618
38654Olive Branch, MS 3865411.1 mi312$130,688,064$391,950$418,872
38066Rossville, TN 3806612.3 mi34$28,518,486$613,951$838,779
38112Memphis, TN 3811213.2 mi72$19,470,528$232,500$270,424
38128Memphis, TN 3812813.6 mi142$26,221,578$169,498$184,659

Frequently Asked Questions

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

As of January 2026, there are 68 active listings in GERMANTOWN, TN (zip code 38139), compared to 44 the prior year.

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

The median listing price in GERMANTOWN, TN 38139 is $628,750 as of January 2026, a 5.7% increase from $594,900 the prior year.

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

Homes in GERMANTOWN, TN 38139 spend an average of 92 days on the market before going under contract, compared to 63 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 January 2026, GERMANTOWN, TN 38139 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 92 days on market compared to 63 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 $12,575 compared to a typical 5% commission on the median listing price of $628,750. 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.