Germantown, Wisconsin Housing Market Prices
Germantown Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 28% below the Wisconsin median$121,896
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Median rent 25% above the Wisconsin median$1,356
Housing Market Overview
| Metric | Germantown | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,896 | $170,479 | $248,835 |
| Price Trend (Annual %) | 17.8% | 4.2% | 7.5% |
| Median Gross Rent | $1,356 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Germantown is about 28% lower than in Wisconsin. Rent is about 25% higher than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Germantown, up about 17.8% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Germantown rose about 34.7% between 2015 and 2024, from $1,007 to $1,356. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Germantown.
Buying the median-priced home in Germantown costs roughly 7.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Germantown. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Germantown | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,896 | $170,479 | $248,835 |
| Median Household Income | $100,443 | $77,698 | $80,455 |
| Price-to-Income Ratio | 1.2 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Germantown rose about 120.5%, while median household income rose about 36.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Germantown | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.5% | 60.5% | 58.5% |
| Rental Rate | 22.5% | 28.7% | 31.2% |
| Vacancy Rate | 2.0% | 10.8% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Germantown has a homeownership rate of 75.5%, higher than the Wisconsin average of 60.5%. Its housing vacancy rate is 2.0%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Germantown | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.42 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1986 | 1974 | 1978 |
| Median Number of Rooms | 6.1 | 5.6 | 5.5 |
The typical housing unit in Germantown was built around 1986. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Germantown, Wisconsin.
What is the median home price in Germantown, Wisconsin?
The median home price in Germantown, Wisconsin is $121,896, lower than the Wisconsin average of $170,479.
What is the average home price in Germantown, Wisconsin?
The typical home price in Germantown, Wisconsin, reported as the median sale price, is $121,896. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Germantown, Wisconsin?
The median gross rent in Germantown, Wisconsin is $1,356 per month, higher than the Wisconsin average of $1,087.
What was the median gross rent in Germantown in 2020?
In 2020, the median gross rent in Germantown, Wisconsin was $1,061 per month.
What is the price-to-rent ratio in Germantown, Wisconsin?
The price-to-rent ratio in Germantown, Wisconsin is about 7.5, meaning it would take roughly 7.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Germantown.
Are home prices or rent rising faster in Germantown, Wisconsin?
Both home prices and rent are rising in Germantown, up about 17.8% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Germantown, Wisconsin?
75.5% of households in Germantown, Wisconsin own their home, higher than the Wisconsin average of 60.5%.
What is the vacancy rate in Germantown, Wisconsin?
The housing vacancy rate in Germantown, Wisconsin is 2.0%, lower than the Wisconsin average of 10.8%.
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