Home prices
The median home in Germantown is valued at $345,400. Compared to nearby areas this is about $114,480 (24%) lower.In comparison to the nation as a whole it is about $127,900 (58%) higher, and in comparison to the city of Washington it is roughly $256,100 (42%) lower.
Rents
The median monthly rent in Germantown is $1,747. It is about $121 (6%) lower compared to its surrounding areas.It is approximately $685 (64%) higher compared to the nation as a whole, and it is approximately $206 (13%) higher in comparison to the city of Washington.
Nearby places
Clarksburg
Clarksburg is Germantown's neighbor to the north. Housing prices there are somewhat more expensive. The price of the median home in Clarksburg is $482,500, which works out to $137,100 (28%) higher than Germantown. Rents there are somewhat more expensive. Clarksburg's median monthly rent is $2,089, which comes out to $342 (16%) higher than Germantown.
Montgomery Village
Montgomery Village is about 3 miles east of Germantown. Its housing prices are somewhat less expensive. The median home in Montgomery Village costs $305,400, which is $40,000 (13%) lower than Germantown. Its rents are a bit less expensive. In Montgomery Village the median monthly rent is $1,631, which works out to $116 (7%) lower than Germantown.
Gaithersburg
Gaithersburg is about 3 miles southeast from Germantown. Its real estate prices are somewhat more expensive. The median home in Gaithersburg costs $392,200, which works out to $46,800 (11%) higher than Germantown. Rents there are similar. Gaithersburg's median rent is $1,740 per month, which is very similar to Germantown.
Washington Grove
Washington Grove is about 4 miles southeast from Germantown. Its real estate prices are somewhat more expensive. The median home in Washington Grove is valued at $446,400, which is $101,000 (22%) higher than Germantown. Rent there is pretty similar. In Washington Grove the median monthly rent is $1,750, which is very similar to Germantown.
North Potomac
North Potomac is about 5 miles south of Germantown. The housing prices there are significantly more expensive. The value of the median home in North Potomac is $672,900, which is $327,500 (48%) higher than Germantown. The rent there is a bit more expensive. The median rent in North Potomac is $2,129 per month, which works out to $382 (17%) higher than Germantown.
