Is Germantown, OH a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Germantown is a seller's market


Difference Since May 2023

Since last year, Germantown has remained a Seller's Market.

Key Takeaway

Germantown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Germantown, OH

How much do homes in Germantown, OH cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Germantown have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Germantown was $240,000 in May 2024, down 7.3% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$35K
2 $159K$173K
3 $240K$249.9K
4 $325.4K$289.8K
5+ $437.5K$545K

Summary: Germantown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 24.6%.

Median Sold Price Compared To Nearby Cities

German Township

Housing Supply in Germantown, OH

How many homes are available in Germantown, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Germantown real estate market had 21 homes for sale in May 2024, a 5.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
2 33
3 1010
4 56
5+ 11

Summary: The Germantown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Germantown, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Germantown in May 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Germantown, OH

How long does it take to sell a home in Germantown, OH?

Average Sale Time

May 2023May 2024CHANGE
89 Days88 Days-1.9%

Summary: Homes in Germantown had an average of 88 days on market in May 2024, down by 1.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Germantown has remained consistent over time.

Summary: During May 2024, 5 homes were sold in Germantown; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Germantown, OH

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What housing markets are near Germantown, OH?