Why Live in Germantown
Germantown, MD, the third-largest city in Maryland, has evolved from its early 1800s roots as a farming village into a bustling suburban area with a population of over 92,000. Located about 25 miles from Washington, D.C., Germantown offers more affordable housing compared to closer suburbs. The city features a mix of competitively priced townhouses, condominiums, and single-family homes, with styles ranging from two-bedroom condos to Colonial Revival houses. Germantown is known for its family-friendly atmosphere and numerous attractions, including the Maryland SoccerPlex, South Germantown Recreational Park, and Black Hill Regional Park, which offer extensive recreational opportunities. The city also hosts cultural venues like the Black Rock Center for the Arts and annual events such as Oktoberfest. Shopping options include the Milestone Shopping Center and the Lancaster County Dutch Market, known for its fresh produce and baked goods. Germantown is served by highly rated Montgomery County Public Schools, with Seneca Valley High School and Montgomery College providing strong educational opportunities. Commuters benefit from the MARC train, I-270, and nearby Shady Grove Metro station, with three major airports within 60 miles. The city is part of the BioHealth Capital Region, hosting numerous life science employers. Germantown's crime rate is slightly lower than the national average, making it a relatively safe place to live.
Home Trends in Germantown, MD
On average, homes in Germantown, MD sell after 30 days on the market compared to the national average of 69 days. The median sale price for homes in Germantown, MD over the last 12 months is $405,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$547,449
Median Townhouse Sale Price
$465,000
Median 2 Bedroom Sale Price
$280,000
Median 1 Bedroom Sale Price
$209,995
Average Price Per Sq Ft
$248
Number of Homes for Sale
11
Last 12 months Home Sales
63
Median List Price
$465,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%