Compare: Germantown vs Lakeland

Home Values in Germantown and Lakeland

Germantown
vsLakeland
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Zillow Home Value Index
Mid-point of Zestimate valuations for Germantown. Half the Zestimates are above this number and half are below it.
$262,100vs$225,400
1-Year Change+6.6%vs+8.2%
Median List Price$309,900vs$244,900
Median Sale Price$246,300vs$218,300
Total Homes Sold in Apr51 homes vs13 homes
Germantown, TN tends to be more expensive for home buyers than Lakeland, TN. During the last year, Germantown home values have risen by 6.6%, while Lakeland home values have risen by 8.2%. The median sale price in Germantown is $246,300, but the median listing price was $309,900, a 20.5% discount. Meanwhile in Lakeland, the median selling price is $218,300, and the starting price had a median of $244,900, a 10.9% discount. In April, Germantown home sellers managed to move 51 houses, while Lakeland saw 13 transactions.

Demographics in Germantown and Lakeland

Germantown
vsLakeland
Population39,373vs11,170
Median Household Income$94,609vs$58,897
Median Age37vs34
Homes with Kids41.7%vs36.6%
Average Household Size2.8vs2.4
Average Commute Time (Minutes)24vs30
At $58,897, the median income in Lakeland is $35,712 less than in Germantown, and $14,385 higher than the national average. Germantown has an older median age, at 37, compared to 34 in Lakeland, and a shorter average commute. The average commute in Lakeland is 30 minutes and the average commute in Germantown is 24 minutes.

Homes for Sale in Germantown and Lakeland

Germantown vs Lakeland

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Germantown, TN

Map of Germantown, TN
Germantown is a city in Shelby county, TN with a population of 39,373. The median household income is $94,609.

Lakeland, TN

Map of Lakeland, TN
Lakeland is a city in Shelby county, TN with a population of 11,170. The median household income is $58,897.