Data as of February 2026. Source: Realtor.com.
The GERMANTOWN, TN real estate market (38138) currently shows 130 active listings, with 38 pending sales. Homes are averaging 82 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 82 days on market compared to 75 days last year.
The median listing price has fallen 5.1% year-over-year, from $518,725 to $492,500.
Whether you are buying or selling in GERMANTOWN, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 25,465 · Density: 829.2/mi² · Median household income: $122,627
Typical home value: $367,531 · Homeownership: 81.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38138 | Germantown, TN 38138 | 0.0 mi | 116 | $81,826,980 | $509,500 | $705,405 |
| 38119 | Memphis, TN 38119 | 2.7 mi | 102 | $36,555,780 | $314,900 | $358,390 |
| 38018 | Cordova, TN 38018 | 4.1 mi | 141 | $55,623,513 | $354,500 | $394,493 |
| 38115 | Memphis, TN 38115 | 4.2 mi | 69 | $9,758,946 | $132,500 | $141,434 |
| 38141 | Memphis, TN 38141 | 5.7 mi | 52 | $9,722,388 | $184,500 | $186,969 |
| 38016 | Cordova, TN 38016 | 6.9 mi | 149 | $49,009,229 | $325,000 | $328,921 |
| 38118 | Memphis, TN 38118 | 8.1 mi | 102 | $14,422,086 | $139,000 | $141,393 |
| 38111 | Memphis, TN 38111 | 8.4 mi | 198 | $49,977,576 | $199,900 | $252,412 |
| 38133 | Memphis, TN 38133 | 8.9 mi | 65 | $20,764,120 | $314,975 | $319,448 |
| 38114 | Memphis, TN 38114 | 10.6 mi | 105 | $15,963,990 | $120,525 | $152,038 |
| 38135 | Memphis, TN 38135 | 11.0 mi | 83 | $28,935,543 | $331,250 | $348,621 |
| 38028 | Eads, TN 38028 | 11.6 mi | 57 | $74,997,351 | $749,950 | $1,315,743 |
| 38128 | Memphis, TN 38128 | 12.1 mi | 142 | $26,221,578 | $169,498 | $184,659 |
As of February 2026, there are 130 active listings in GERMANTOWN, TN (zip code 38138), compared to 125 the prior year.
The median listing price in GERMANTOWN, TN 38138 is $492,500 as of February 2026, a 5.1% decrease from $518,725 the prior year.
Homes in GERMANTOWN, TN 38138 spend an average of 82 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of February 2026, GERMANTOWN, TN 38138 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 82 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in GERMANTOWN, TN 38138 save an estimated $9,850 compared to a typical 5% commission on the median listing price of $492,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.