Compare: Germantown vs Lakeland
Home Values in Germantown and Lakeland
|Zillow Home Value IndexWhat's this?||$262,100||vs||$225,400|
|Median List Price||$309,900||vs||$244,900|
|Median Sale Price||$246,300||vs||$218,300|
|Total Homes Sold in Apr||51 homes||vs||13 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
|Median Household Income||$94,609||vs||$58,897|
|Homes with Kids||41.7%||vs||36.6%|
|Average Household Size||2.8||vs||2.4|
|Average Commute Time (Minutes)||24||vs||30|
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