Germantown, Wisconsin housing market

Village in Washington County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.

Germantown housing market at a glance (as of 2026-07-03)

Typical home value$462,771
1-year change+6.6%
5-year change+34.0%
Typical rentnot published

The typical home in Germantown, Wisconsin is worth about $462,771 as of 2026-07-03, up 6.6% over the past year and up 34.0% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.

Five-year growth of 34% is Germantown's headline number. Among Washington County's larger markets, few have compounded faster since 2021. As of April 30, 2026, the typical home value in the village is $462,771, with a 6.6% gain in the past year alone.

Despite that run, Germantown still prices slightly under its county. The Washington County median is $468,207, leaving Germantown about $5,400 — roughly 1.2% — below it, at rank 9 of 15 municipalities. It sits about $6,900 above the seven-county regional median of $455,834.

ZIP 53022 adds a rental dimension: typical rent there is $1,753 per month against a ZIP typical value of $453,781, giving investors a concrete starting point for underwriting.

The Germantown market in detail

Germantown's position is just-below-median in an above-region county: $462,771 versus the $468,207 Washington County median, rank 9 of 15. The gap is small — about $5,400 — and the 34% five-year growth rate has been narrowing it. One-year appreciation of 6.6% is essentially in step with neighboring Barton's 6.7%.

The peer band is tight. Trenton (town) at $475,894, Slinger (village) at $471,166, and Barton (town) at $468,207 all price above Germantown; Addison (town) at $447,912 prices below. A Germantown buyer or seller is operating inside a roughly $28,000 spread across five municipalities.

ZIP 53022 is the data-rich slice: typical value $453,781, typical rent $1,753 per month. The ZIP values about $9,000 under the village-wide figure, which matters when pulling comps — village-level and ZIP-level benchmarks disagree by enough to affect a list price.

Germantown home values by ZIP code

ZIP codeTypical home value1-year changeTypical rent
53022$453,781+7.0%$1,753/mo

What actually sold in Germantown (12 months ending June 2026)

Homes sold (arms-length, single-family)336
Median sale price$429,450
Middle 50% of sales$238,750 to $530,000
Government-backed financing (FHA/VA/USDA)1.2%
Seller-financed0%

Over the 12 months ending June 2026, 336 single-family homes sold in Germantown, Wisconsin in arms-length transactions, at a median price of $429,450. Half of those sales fell between $238,750 and $530,000. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.

Zillow’s typical-home-value estimate for Germantown is $462,771, while homes that actually changed hands had a median price of $429,450 — a difference of -7.2%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.

Buying and selling in Germantown

For buyers: Germantown offers a below-county-median entry into Washington County — about $5,400 under the line — in a market that has grown 34% in five years. The ZIP 53022 figure of $453,781 suggests parts of the village price below even the headline number. If you are weighing Germantown against Slinger or Trenton, you are looking at savings of roughly $8,000 to $13,000 at the typical-value level. As always, past growth does not guarantee future results.

For sellers: the 34% five-year appreciation means long-term owners have substantial equity, and the 6.6% one-year pace shows current demand. The pricing decision hinges on which benchmark your property tracks — the $462,771 village figure or the $453,781 ZIP 53022 figure. For owners of rental property, the $1,753 monthly rent in 53022 gives income-based comps a role alongside sale comps. I run both analyses when preparing a Germantown listing.

Life in Germantown

Germantown blends newer subdivisions and business parks with reminders of its 19th-century farmstead origins, most visibly at Dheinsville Historic Park, a preserved settlement of fieldstone and half-timbered buildings on Holy Hill Road. Village parks follow the upper reaches of the Menomonee River, and I-41 and Highway 145 provide direct freeway routes into Milwaukee.

Annual events and festivities in Germantown

Maifest — Mid-May
Three-day German celebration of spring at Firemen's Park with live music, dancing, food and free admission.
Hunsrucker Oktoberfest — Late September
Germantown Historical Society festival that fills Dheinsville Historic Park with German bands, folk dancers and food, with free admission and parking.

Dates and details change year to year — check each event’s organizers for current schedules.

Germantown housing market: common questions

What is the average home price in Germantown WI?

The typical home value in Germantown is $462,771 as of April 30, 2026. Within ZIP 53022, the typical value is $453,781.

How much have Germantown home values increased in 5 years?

Germantown's typical value is up 34% over the past five years, and 6.6% over the past year. Past appreciation does not guarantee future results.

What is rent like in Germantown WI?

In ZIP 53022, the typical rent is $1,753 per month, against a ZIP typical home value of $453,781.

Is Germantown cheaper than the rest of Washington County?

Slightly. Germantown's $462,771 typical value is about $5,400 below the Washington County median of $468,207, ranking 9th of 15 municipalities. It is still about $6,900 above the seven-county regional median.

More Washington County area guides

All Southeast Wisconsin area guides

Germantown real estate agent: talk to Kinan Sawar, MD

Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.

How to choose a real estate agent in Germantown and Milwaukee — a five-question checklist

Get a free Germantown home valuation · Contact Kinan Sawar

Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.