$1,863 Closing Credit*
$156,900
925 SqFt
2 Beds
•1 Full Bath
Lilibeth Simon, Listing Office: Glasshouse Realty Group
Is Germantown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Germantown was a Seller's Market.
Key Takeaway
Germantown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Germantown, OH
How much do homes in Germantown, OH cost?
Median Sold Price
$257,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,000(+2.8%)
Key Takeaway
Homes in Germantown have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Germantown was $257,000 in October 2024, up 2.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121.5K | $35K | -71.2% |
| 2 Bedrooms | $164K | $173K | +5.5% |
| 3 Bedrooms | $230K | $255K | +10.9% |
| 4 Bedrooms | $318.7K | $331K | +3.8% |
| 5+ Bedrooms | $437.5K | $565K | +29.1% |
Summary: Germantown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.2%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 29.1%.
Median Sold Price Compared To Nearby Cities
| Germantown | $250K | $257K | +2.8% |
| German Township | $250K | $249.9K | 0% |
Housing Supply in Germantown, OH
How many homes are available in Germantown, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Summary: The Germantown real estate market had 28 homes for sale in October 2024, a 9.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Germantown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Germantown, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Germantown in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Germantown, OH
We’re sorry, we don't have information for this market at the moment
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