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 GreatSchool Rank
Amy Belle Elementary School (Colgate) Germantown School District public 381 Not Provided Amy Belle Elementary School GreatSchools Rating
Bethlehem Evang Lutheran School (Germantown) private 0 Not Provided Bethlehem Evang Lutheran School GreatSchools Rating
County Line Elementary School (Germantown) Germantown School District public 511 Not Provided County Line Elementary School GreatSchools Rating
Macarthur Elementary School (Germantown) Germantown School District public 396 Not Provided Macarthur Elementary School GreatSchools Rating
Rockfield Elementary School (Richfield) Germantown School District public 342 Not Provided Rockfield Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Kennedy Middle School (Germantown) Germantown School District public 895 Not Provided Kennedy Middle School GreatSchools Rating
St. Boniface Elementary School (Germantown) private 243 Not Provided St. Boniface Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Germantown High School (Germantown) Germantown School District public 1408 Not Provided Germantown High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 19,083 133,027 5,742,119
Total Households 7,517 52,886 2,299,100
Total Families 5,647 37,907 1,469,281
Population Density 684 3,514 446,124
Percent Male 49% 50% 50%
Percent Female 51% 50% 50%
White Collar Jobs 73% 64% 56%
Blue Collar Jobs 27% 36% 44%

Top Occupations

Professions Population Employed
Manufacturing 2,155
Management 2,083
Healthcare 2,003
Sales 1,918
Retail 1,771
Information, Scientific and Technical 1,506
Transportation 1,397
Professional Services 1,038
Education 985
Arts and Media 660

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 7,814 55,351 2,641,602
Owner Occupied Housing Units 5,847 41,251 1,547,197
Renter Occupied Housing Units 1,672 11,628 751,903
Vacant Housing Units 295 2,472 342,513
Occupancy Rate 96% 96% 87%
Vehicles Per Housing Unit 2 23 1,563

Commute Time To Work

  City County State
Less than 5 minutes 185 2,407 124,926
5 - 14 minutes 2,633 9,523 373,332
15 - 29 minutes 4,264 10,325 450,867
30 - 44 minutes 2,033 9,862 291,113
45-59 minutes 401 5,744 152,657
Over 60 minutes 450 2,353 85,756

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 833 6,241 347,427
High School Graduate 2,988 27,763 1,239,522
Some College 2,707 21,255 817,979
Associates Degree 1,358 10,533 390,482
Bachelors Degree 3,750 19,323 713,854
Graduate Degree 1,494 6,294 261,913

Education Attainment


Market Conditions
Market Conditions for Germantown - September 2019 | Shorewest Realtors®
September 2019

Market Conditions for Germantown

Median Sale Price Graph

Median Sale Price

The median sale price for homes in September was $313,000. The median sales price for homes in September rose by $5,000 compared to last month. This represents a 1.62% increase from August. Compared to the same month last year, the median price of homes rose by $62,000 representing a 24.7% year-over-year change.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 3 in September to 57. This represents 5% decrease from August when 60 homes were on the market. Compared to the same month last year when there were 61 homes for sale, the inventory of homes for sale has fallen by 4 representing a -6.55% 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 29 homes sold in September was 9 more than in August. This represents a 45% increase in sales from August. Compared to the same month last year, the number of homes sold increased by 3, a 11.53% 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 September (19) increased by 1 days compared to August. This represents a 5.55% 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 2, a -9.52% 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 98.73% in September rose by 2.72% compared to August and increased 0.85% 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 September (38) rose by 12 compared to August, a 46.15% change. Compared to September 2018, the number of new listings increased by 17, a 80.95% 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 September was $324,900. The median list price for homes in September fell by ($9,500) compared to last month. This represents a 2.84% decrease from August. Compared to the same month last year, the median list price of homes increased $65,000 representing a 25% year-over-year increase.




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