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Germantown city, TN

ZIP 38139 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38139

Median Home Value
$540,600
Median Rent
$2,359
Affordability Snapshot
$149,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,473/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 38139 in Germantown city, TN, a household would need roughly $149,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,473. That sits below the local median household income ($174,052), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
96.8%+48% vs US avg
x
Vacancy Rate
1.9%-81% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
22.7%+53% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
6.6%-87% vs US avg
x
Mortgage-Free
36.2%-5% vs US avg
x
$540,600
Home Value
$2,359
Rent
1989
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached96.6%
  • 1-unit attached2.8%
  • 2-9 units0.5%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$540,600
Median rent$2,359
Owner-occupied96.8%
Vacant1.9%
Price-to-income3.1x
Est. income to buy$149,000