May 2025 Market Update for Germantown + Surrounding Areas

Wondering how the local real estate market is performing? The May numbers are in—and they’re showing steady movement and strong pricing across the board.

Here’s a snapshot of five key areas around Memphis:

📍 Germantown

• Homes Sold: 59

• Median Sales Price: $640,000

• Average Days on Market: 22

Homes in Germantown are holding their value and moving quickly, especially when staged and priced competitively.

📍 Collierville

• Homes Sold: 88

• Median Sales Price: $615,000

• Average Days on Market: 34

Collierville continues to be a sought-after area with solid pricing and consistent buyer demand.

📍 Lakeland

• Homes Sold: 34

• Median Sales Price: $505,750

• Average Days on Market: 21

Lakeland remains a great option for buyers seeking newer homes and excellent schools.

📍 Bartlett

• Homes Sold: 100

• Median Sales Price: $370,000

• Average Days on Market: 17

Bartlett is moving fast—with affordable pricing and strong demand driving quick sales.

📍 Arlington

• Homes Sold: 41

• Median Sales Price: $466,000

• Average Days on Market: 28

Arlington continues to grow, offering strong value and competitive days on market.

What This Means for You:

Whether you’re thinking about selling, buying, or just curious, this is a great time to explore your options. Homes are still moving—especially when they’re priced right and marketed well.

I’m Kelly Day with simpliHŌM—where we make buying and selling a home simple.