Germantown MD Homes For Sale
One of Maryland's major urban communities, Germantown is comprised of a downtown area and several distinct villages. With more than 86,000 residents, this is Montgomery County's biggest and busiest real estate marketplace. Condos and recently-constructed town homes are in abundance here, a fact that played into an extended decline in prices after the 2008 downturn. There has been a solid rebound in more recent years but prices have still not reached their one-time highs, fueling a lot of activity as new buyers put down roots in a popular community. For more information about Germantown MD homes for sale in Montgomery County, start browsing the active MLS listings below:
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A recent article in CNN's Money Magazine ranked Germantown #24 among America's best places to live. There's a lot here to like – low unemployment, good schools and lots of parks and recreational facilities. Add affordability to the list as well. Even though the average family income is fairly high at $100,538, the media property list price is only $289,900. Let's dig a little bit digger into the reasons for such competitive prices.
If some have accused Germantown developers of overbuilding, more will point out an obvious fact, that a vibrant economy and influx of new residents demanded more housing. It's also important to note that it hasn't simply been a matter of new residential developments. The Germantown Employment Area Sector Plan was launched in 2009, seeking to transform the central employment district into a vibrant downtown community with mixed-use developments, mirroring successful trend in other major urban centers including downtown Washington DC.
All in all, sustainable growth is becoming a reality in Germantown. Housing stats are rebounding and you'll get a lot of bang for your buck. Three-bedroom townhouses can be had for under $200,000 with larger single-family homes ranging from around $400,000 to over a million. That includes a range of styles, including the ever-present Colonial Revivals and their various subsets, plus Cape Cods, Tudors, Ramblers, split-levels and various contemporary designs. There's something for everyone here, from bucolic villages that are rich in history to trendy new downtown lofts. There's little doubt that the future is bright in Germantown.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on December 19th, 2018 at 9:02am EST.