Germantown Tennessee Real Estate
Germantown Tennessee real estate may be divided in to two basic areas. The 38138 zip code area or Western part of Germantown and the 38139 zip code area or the Eastern part of Germantown. The Germantown Tennessee homes for sale in the 38138 zip code area average close to $238,000 and range from slightly older homes built in the 1970's to brand new homes. The Eastern area would be the 38139 zip code area with average Germantown home prices around $354,000. The majority of these homes are a combination of the larger estate size homes built 20 years a go, and the elegant new subdivisions being developed in Germantown today.
Germantown Tennessee Homes for Sale
There were over 700 Germantown homes sold in 2005 and over 350 residential sales in the first six months of 2006. Slightly over half of those in the Western or 38138 part of Germantown Tennessee, with the slightly higher median priced home in the Eastern or 38139 part of Germantown.
Germantown Tennessee REALTORS
Having been residents and a part of the community for several years; we offer our intimate knowledge of the area and community amenities. Germantown is a wonderful city with a lot to offer most any family or resident. As your Germantown REALTORS we pledge to offer our expertise and knowledge in locating that special home for you and your family.
Germantown Tennessee is located between the cities of Memphis to the West and Collierville Tennessee to the East and the City/County area of Cordova to the North. The town of Germantown has grown to the tenth largest city in Tennessee with just over 44,000 residents; while maintaining the lowest crime rate of any city its size in the state of Tennessee, with an average response time of less than four minutes by the police and fire departments.
Germantown Parks
Germantown has two dozen parks, sports complexes and other green spaces, covering more than 700 acres of recreational land. They provide athletic fields and courts, picnic areas, biking/walking trails and playgrounds, reflecting a Parks and Recreation department goal of placing recreational and leisure opportunities within a half mile of every home.
Germantown is a solid well governed community. At $44,021, Germantown had the highest per capita income of all the municipalities in Shelby County and a median family income is $94,609, in 2000 according to the U.S. Census. Not to mention that Germantown is one of only 29 cities in the nation that can take pride in its AAA Bond rating from both Moody's and Standard & Poor.
Germantown Real Estate Taxes
Germantown City Taxes are very reasonable by national standards, especially considering the services offered. City Property Tax Rate: $1.70 per $100 of assessed valuation. Local Option Sales Tax: 1.125% and a City vehicle fee: $25.
Germantown Tennessee Local Links:
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