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 Units by Size|
|Five Bedrooms or more||14.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.9|
|Median year structure was built||1981|
|Median Value of occupied units||$216,500|
|Median Price asked for vacant units||$322,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.1|
|Median year structure was built||1983|
|Median Monthly Rent asked for vacant units||$1,210|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||13.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.3%|