Is Germantown, IL 62245 a buyer’s or seller’s market?
Germantown is a seller’s market. With about 2.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Germantown housing market right now
In the three months ending August 31, 2026, 0% of homes in Germantown, IL 62245 sold above their list price, the typical home went under contract in 69 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Within Clinton County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Beckemeyer 62219 (67% sold over asking) and New Baden 62265 (24% sold over asking) are even more competitive.
Run the numbers for 62245
Nearby markets
Albers 62215Seller’s market $127 /sq ftAviston 62216Seller’s market $197 /sq ftBartelso 62218Seller’s market $193 /sq ftBeckemeyer 62219Seller’s market $115 /sq ft Browse all markets →Towns like Germantown nearby
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Questions about Germantown real estate
Is Germantown a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Germantown, IL 62245 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Germantown?
The typical home went under contract in 69 days in the latest three months.
Do homes in Germantown sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Germantown?
About 1.83% of a home’s value a year in Clinton County, or roughly $7,320 on a $400,000 home.
What is the median home price in Germantown?
The median sale price was $349,849 in the three months ending August 31, 2026, about $160 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology