Germantown, WI—53022
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Germantown, WI
As of Oct '25, the median home price in Germantown, WI is $438,000, with a year-over-year change of 4.5%. This indicates that home prices in Germantown, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $438,000 | 4.6% |
| Single Family | $463,000 | 4.0% |
| Condos | $254,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $238,000 | 3.0% |
3 Bed | $448,000 | 4.7% |
4 Bed | $556,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Germantown, WI
As of July '25, Rentcast reports the average rent in Germantown, WI is $1,570, with a year-over-year rent change of -21.9%. Per bedroom, the median rent as of July '25 in Germantown, WI is 1-bedrooms: $972, 2-bedrooms: $1,520, 3-bedrooms: $1,320, 4-bedrooms: $3,300. The most common rental property sizes in Germantown, WI are 2-bedroom and 3-bedroom, accounting for 58.6% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $972 | $972 |
| 2 Bed Rent | $1,600 | $1,520 |
| 3 Bed Rent | $1,320 | $1,320 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — Germantown, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Germantown, WI is 36. This is a increase of 18.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $491,000 | 2.0% |
Listing Count | 66 | -3.0% |
| Listings as % of Homes | 0.4% | -3.0% |
Days on Market | 36 | 18.0% |
Demographics — Germantown, WI
As of the latest ACS Survey released in 2023, Germantown, WI has a population of 19,900, which has increased by 4.4% over the past 5 years. Germantown, WI is a moderately popular place for families, as children make up 22.6% of the population. The area has a highly educated workforce, with 48.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | 4.4% |
% Under 18 | 22.6% | -4.2% |
% Seniors | 16.5% | 5.1% |
% WFH | 16.3% | 425.8% |
% w/ College Degree | 48.1% | 12.4% |
As of the latest ACS Survey released in 2023, Germantown, WI is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Germantown, WI is asian, making up 6.7% of the population. Foreign-born residents account for 8.1% of the population in Germantown, WI, and this percentage has increased by 39.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.0% | -8.3% |
% Black | 4.4% | 109.5% |
% Hispanic | 3.7% | 37.0% |
% Asian | 6.7% | 67.5% |
% Foreign Born | 8.1% | 39.7% |
Mortgage and Risk — Germantown, WI
According to HUD data as of 2023, there were 466 mortgage originations in Germantown, WI, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Germantown, WI. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 466 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Germantown, WI
As of 2024, the percent of homes in Germantown, WI under the Section 8 program is 1.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Germantown, WI, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 29 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $258 | $972 | $1,230 |
| 2 Bedroom | -$130 | $1,600 | $1,470 |
| 3 Bedroom | $500 | $1,320 | $1,820 |
| 4 Bedroom | -$1,310 | $3,300 | $1,990 |
Affordability — Germantown, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $438,000 |
| Median Household Income | $105,000 |