Germantown, Nashville, TN—37208
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Germantown, Nashville, TN
As of Oct '25, the median home price in Germantown, Nashville, TN is $458,000, with a year-over-year change of -3.2%. This indicates that home prices in Germantown, Nashville, TN are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $458,000 | -3.3% |
| Single Family | $446,000 | -3.9% |
| Condos | $501,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $358,000 | -5.0% |
2 Bed | $329,000 | -4.9% |
3 Bed | $475,000 | -3.1% |
4 Bed | $600,000 | -2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Germantown, Nashville, TN
As of July '25, Rentcast reports the average rent in Germantown, Nashville, TN is $2,550, with a year-over-year rent change of -9.6%. Per bedroom, the median rent as of July '25 in Germantown, Nashville, TN is studios: $1,590, 1-bedrooms: $1,670, 2-bedrooms: $1,860, 3-bedrooms: $2,920, 4-bedrooms: $3,240. The most common rental property sizes in Germantown, Nashville, TN are 1-bedroom and 2-bedroom, accounting for 38.6% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,550 |
| Studio Rent | $1,600 | $1,590 |
| 1 Bed Rent | $1,690 | $1,670 |
| 2 Bed Rent | $1,650 | $1,860 |
| 3 Bed Rent | $2,900 | $2,920 |
| 4 Bed Rent | $3,200 | $3,240 |
% of Rental Stock
Property Listings — Germantown, Nashville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Germantown, Nashville, TN is 72. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $599,000 | 1.0% |
Listing Count | 240 | 20.0% |
| Listings as % of Homes | 0.9% | 20.0% |
Days on Market | 72 | 17.0% |
Demographics — Germantown, Nashville, TN
As of the latest ACS Survey released in 2023, Germantown, Nashville, TN has a population of 20,200, which has increased by 14.9% over the past 5 years. Germantown, Nashville, TN is a less popular place for families, as children make up 13.3% of the population. The area has a highly educated workforce, with 49.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,200 | 14.9% |
% Under 18 | 13.3% | -41.2% |
% Seniors | 10.2% | -1.9% |
% WFH | 18.0% | 252.9% |
% w/ College Degree | 49.5% | 48.6% |
As of the latest ACS Survey released in 2023, Germantown, Nashville, TN is a predominantly black area, with 57.7% of the population identifying as black. The black population has shrunk by 19.2% in the last 5 years. The second most common race or ethnicity in Germantown, Nashville, TN is white, making up 34.4% of the population. Foreign-born residents account for 3.3% of the population in Germantown, Nashville, TN, and this percentage has decreased by 21.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.4% | 48.3% |
% Black | 57.7% | -19.2% |
% Hispanic | 3.4% | 21.4% |
% Asian | 1.1% | 57.1% |
% Foreign Born | 3.3% | -21.4% |
Mortgage and Risk — Germantown, Nashville, TN
According to HUD data as of 2023, there were 339 mortgage originations in Germantown, Nashville, TN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Germantown, Nashville, TN. Investor activity is low, as 11.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 339 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 11.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Germantown, Nashville, TN
As of 2024, the percent of homes in Germantown, Nashville, TN under the Section 8 program is 23.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Germantown, Nashville, TN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,512 |
Total Units Section 8 | 1,429 |
% Rentals under Section 8 | 23.1% |
% Occupied Section 8 | 84.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,690 | $1,730 |
| 2 Bedroom | $270 | $1,650 | $1,920 |
| 3 Bedroom | -$470 | $2,900 | $2,430 |
| 4 Bedroom | -$220 | $3,200 | $2,980 |
Affordability — Germantown, Nashville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $458,000 |
| Median Household Income | $62,700 |