Germantown, WI Real Estate

The village of Germantown, Wisconsin is a small community located on the southeast corner of Washington County. Labeled as one of the “Best Places to Live” by Money Magazine in 2009, the village has proven to be an excellent place to reside. Preserving its evident German heritage, the town has incorporated the seven historic hamlet settlements that it originated from. The area offers a business park that is home to Cambridge Major Laboratories and Ellsworth Adhesives. The commercial property lots range up to 40-acres for new business. Located northwest of downtown Milwaukee, Germantown provides a convenient commute to the metropolitan area. Populated by 19,375 people, the rural village continues to develop.

To find properties for sale in Germantown, click here.

Real Estate
The Germantown housing market has doubled in the past decade. Housing options are single-family, multi-family, rentals and estates. Houses on the market include Ranches with open-concept floor plans, amazing three bedroom Contemporaries, charming Victorians and custom built homes with luxurious amenities. Magnificent Condominiums are featured properties around the area. Grand Builders, Inc. is one of the many builders around Germantown. The average cost of a home in Germantown is $229,910 with the cost of living only 0.61 percent higher than the U.S. average.

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There are plenty of opportunities for outdoor activities in the village. The “Silo Mile” is the village’s main historic attraction for bicyclists to ride on. Nearby, Kettle Moraine offers trails for hiking and biking. The Pike Lake State Park is a great place for people to camp, fish and boat. There’s also cross-country skiing trails during the winter season at the park. There are many historic sites to see for residents to view during their walks or bike rides during the warmer months. Residents can visit apple, strawberry and pumpkin farms throughout the area. A seasonal Farmer’s Market is also held at the Senior Citizen Center.

The Germantown Parks and Recreation Department maintains 10 public parks throughout the village. Residents have many recreational programs and special events to choose from. Richfield Heritage Park is the main attraction for community programs and events. The parks offer baseball diamonds, soccer fields, tennis courts and playgrounds.

The Germantown area provides six golf courses including BlackStone Creek Golf Club, Lake Park Golf Course and the Riversbend Golf Club. Blackstone Creek Golf Course is a traditional 18-hole course with a few holes with doglegs to give even the most experienced golfer a challenge. The Menomonee River runs through the course.

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Germantown properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
County Line Elementary School (Germantown) Germantown School District Public 563 17 COUNTY LINE ELEMENTARY SCHOOL GreatSchools Rating
Germantown High School (Germantown) Germantown School District Public 1338 16 GERMANTOWN HIGH SCHOOL GreatSchools Rating
Kennedy Middle School (Germantown) Germantown School District Public 934 15 KENNEDY MIDDLE SCHOOL GreatSchools Rating
Macarthur Elementary School (Germantown) Germantown School District Public 381 15 MACARTHUR ELEMENTARY SCHOOL GreatSchools Rating
Rockfield Elementary School (Germantown) Germantown School District Public 370 15 ROCKFIELD ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 19,222 136,991 5,852,878
Total Households 7,551 53,631 2,349,819
Total Families 5,480 38,586 1,516,725
Percent Male 49% 50% 50%
Percent Female 51% 50% 50%
White Collar Jobs 53% 55% 58%
Blue Collar Jobs 47% 45% 42%

Top Occupations

Professions Population Employed
Professional Services 3,020
Manufacturing 2,496
Healthcare 2,145
Sales 1,287
Maintenance 887
Transportation 836
Food 789
Management 741
Information, Scientific and Technical 477
Construction 389

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Housing Demographics

  City County State
Total Housing Units
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Owner Occupied Housing Units 5,950 42,120 1,601,729
Renter Occupied Housing Units 1,601 11,511 748,090
Vacant Housing Units 328 2,849 311,518
Occupancy Rate 96% 94% 84%

Commute Time To Work

2
  City County State
Less than 5 minutes 330 2,425 135,725
5 - 15 minutes 2,446 17,467 877,463
15 - 30 minutes 4,213 21,565 975,154
30 - 45 minutes 1,814 13,692 370,565
45-60 minutes 326 4,223 120,537
Over 60 minutes 201 2,240 113,603

Total Housing Units

Housing By Occupant

Commute Time To Work

Age of Homeowners

Education Attainment

  City County State
Some High School 474 3,847 224,571
High School Graduate 3,054 28,924 1,256,597
Some College 2,942 21,782 833,955
Associates Degree 1,263 10,558 410,260
Bachelors Degree 3,835 20,183 747,113
Graduate Degree 1,523 7,792 384,121

Education Attainment


Market Conditions
Market Conditions for Germantown - February 2020 | Shorewest Realtors®
February 2020

Market Conditions for Germantown

Median Sale Price Graph

Median Sale Price

The median sale price for homes in February was $304,350. The median sales price for homes in February rose by $57,850 compared to last month. This represents a 23.46% increase from January. Compared to the same month last year, the median price of homes rose by $142,350 representing a 87.87% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale rose by 3 in February to 33. This represents 10% increase from January when 30 homes were on the market. Compared to the same month last year when there were 46 homes for sale, the inventory of homes for sale has fallen by 13 representing a -28.26% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 10 homes sold in February was the same as in January. Compared to the same month last year, the number of homes sold increased by 6, a 150% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in February (30) increased by 5 days compared to January. This represents a 20% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 23, a -43.39% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 99.73% in February rose by 4.1% compared to January and increased 6.76% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in February (19) rose by 3 compared to January, a 18.75% change. Compared to February 2019, the number of new listings decreased by 2, a -9.52% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in February was $329,900. The median list price for homes in February rose by $36,200 compared to last month. This represents a 12.32% increase from January. Compared to the same month last year, the median list price of homes increased $90,000 representing a 37.51% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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