Germantown, TN Real Estate

According to census data in the year 2000 there were 13,703 housing units in Germantown. This represents a 23.1% growth from 11,131 in 1990.

Of those housing units, 13,703 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Germantown is about 88.8%. Germantown's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.81 people.

The majority of houses, apartments or condos in Germantown were built after 1981.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom2.60%
Two Bedrooms7.80%
Three Bedrooms22.50%
Four Bedrooms52%
Five Bedrooms or more14.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1981
Median Value of occupied units$216,500
Median Price asked for vacant units$322,900

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1983
Median Monthly Rent asked for vacant units$1,210

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.50%
Home Equity Loan13.50%
Simple Mortgage55.70%
Debt Free22.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%