Unshakable ZIP Data 38139 | Germantown, TN Housing Market
Germantown · Shelby County · Memphis, TN-MS-AR metro · Tennessee · Data updated June 19, 2026
The median sale price in ZIP 38139, Germantown, Tennessee is $589,825 at $180 per square foot. 72 single-family homes sold in the latest period, up 22.1 percent from a year earlier. Homes sit a median of 21 days on market with 2.7 months of supply. Sellers are getting 97.7 percent of list price and 17.1 percent of homes sold above asking.
Seller's market. No room for sloppy offers.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $595,866 | |
| Average price per sq ft | $182 | |
| Median sale price | $589,825 | |
| Median sale price per sq ft | $180 | |
| Median home size | 3,277 sq ft | |
| Median new listing price | $669,279 | +4.6% |
| National size rank | 7,355 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 72 | +22.1% |
| Median days on market | 21 days | |
| Months of supply | 2.7 months | |
| New listings | 103 | -5.9% |
| Active listings | 149 | +2.0% |
| Pending sales | 86 | +10.5% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 97.7% | -0.7 pts |
| Share sold above list | 17.1% | -3.2 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$286,497
3-bedroom
$426,609
4-bedroom
$568,481
5-bedroom
$815,215
These figures describe the single-family market for Germantown, Tennessee ZIP 38139. They are market context, not a substitute for sold comps or a formal appraisal.