Germantown home prices fall in the third quarter of 2020

Medium re 3

The median sale price of a home sold in the third quarter of 2020 in Germantown fell by $88,500 while total sales decreased by 71.4%, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $40,000 - a 68.9% decrease over the $128,500 median sale price for the same period of the previous year. There were seven homes sold in Germantown in the third quarter of 2019.

The median sales tax in Germantown for the most recent year with available data, 2019, was $2,484, approximately 6.2% of the median home sale price for the third quarter of 2020.

The following table compares Germantown to other Clinton County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Damiansville13-66.7%$165,000$160,0003.1%
Trenton161145.5%$141,500$154,000-8.1%
Breese251931.6%$139,500$143,000-2.4%
Carlyle1213-7.7%$128,500$90,00042.8%
Bartelso15-80%$127,720$147,000-13.1%
New Baden10911.1%$126,250$125,0001%
Hoffman3250%$89,000$21,305317.7%
Albers13-66.7%$88,000$185,000-52.4%
Germantown27-71.4%$40,000$128,500-68.9%
Beckemeyer45-20%$17,500$80,000-78.1%
Centralia5425%$13,000$25,000-48%

Blockshopper green logo