Germantown, MD Home Values & Market Trends
Real estate market trends reflect that there have been 824 transactions over the past year in Germantown. The median value for residential home transactions that occurred over the previous year is $438,597.5. The number of current listings in Germantown is 88, and the percentage of properties for sale in the city is 88.00%. Germantown, MD currently has 30 properties in foreclosure, 5 bank owned properties, 14 properties headed for auction, and 88 properties for sale.
Germantown, MD Real Estate Market Overview
Housing Market Summary for Germantown, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $359K | $388.4K | 8.20% |
| Median Sold Price | $389.4K | $388.4K | -0.25% |
| Homes For Sale | 91 | 91 | - |
| Homes Sold | 509 | 458 | -10.02% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Germantown, MD
Browse Homes in Germantown, MD
Germantown home values range from $92,333 to $9,646,034. The median estimated value of a home in Germantown is $438,597.5. The median list price of a home is 344,000, and the total count of properties in the city is 24,779.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Germantown, MD with 20874 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Germantown, MD; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,029,629 in 20876 to the lowest home value of $255,575 in 20874.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Germantown, MD ranges from the highest value of $451,726 in 20876 to the lowest value of $213,590 in 20874. Bank owned homes and properties account for 0.02% of properties in Germantown, MD. There are 2 zips within Germantown, MD; 20874 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20874 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Germantown, MD. Auction homes and other auction properties account for 0.06% of all properties in Germantown, MD. There are 2 zips within Germantown, MD; of those zips, the median estimated home value for homes going to auction ranges from $1,578,047 in 20876 to the lowest value of $281,335 in 20876.
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Guide for Germantown, MD
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