Germantown Homes under $400,000

Welcome to Germantown, Wisconsin—a charming suburban enclave that perfectly blends small-town charm with modern amenities. Nestled just northwest of Milwaukee, Germantown is a vibrant community known for its picturesque landscapes, excellent schools, and a strong sense of community. With a population of around 20,000 residents, this welcoming town offers a peaceful retreat while still providing easy access to the bustling city life of Milwaukee and beyond.

One of the most appealing aspects of Germantown is its diverse housing market, particularly for those seeking homes under $400,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to different lifestyles and preferences. From charming single-family homes with spacious yards to modern townhouses with contemporary finishes, Germantown has something for everyone.

Families will appreciate the highly-rated school district, which is committed to providing quality education and extracurricular programs. Additionally, the town boasts numerous parks, walking trails, and recreational facilities, making it an ideal place for outdoor enthusiasts and families alike.

Germantown's community spirit shines through its local events, farmers' markets, and seasonal festivals, fostering connections among residents. With its blend of affordability, quality living, and a strong community vibe, Germantown is truly a hidden gem in Wisconsin. Come explore the possibilities of making this delightful town your new home!

Newest Germantown Homes under $400,000

$174,900

2 Beds ⋅ 1 Baths

Come and settle into your new space! A ground floor unit with generous patio and all the creature comforts of condo living. Enjoy everything from proximity to dining & shopping, to the amenities of this association! TWO parking spots - 1 garage space & 1 surface space

W170N11521 Armada Dr, Germantown

Listing courtesy of Coldwell Banker Realty.

$329,900

2 Beds ⋅ 2 Baths

One of the largest units in Riversbend with an attached four season room! This estate is ready for its new owner. The dining room overlooking the sunken living room boasts a gas fireplace. Additional space for a den/office is connected to the living room. Luxury vinyl plank flooring throughout along with some natural hardwood floors. The four season room offers a flare of tranquility as you overlook the backyard. A deck is attached. Two full baths with spacious bedrooms and double closets office plenty of room. The kitchen overlooks the dining room which exudes natural light in the ceiling. The basement is ready for your decorating ideas. This estate sale is sold by POA. Offers presented as they are received.

W180N9872 Riversbend Cir W, Germantown

Listing courtesy of Coldwell Banker Realty.

$194,900

2 Beds ⋅ 1 Baths

Welcome home to this well-cared-for two-bedroom, one-and-a-half-bath condominium offering a wonderful combination of comfort, views, and convenient location. Enjoy beautiful pond views from both the bedroom and private balcony, creating a peaceful backdrop to everyday living. Experience energy efficiency year-round with Daikin heating and cooling floor mounted unit. Located directly across the street from Haupt Strasse Park, this home offers easy access to green space and outdoor recreation. The thoughtfully maintained interior has been lovingly cared for and is ready for its next owner to enjoy.

N115W16895 El Camino Dr, Germantown

Listing courtesy of The Wisconsin Real Estate Group.

N113W16241 Sylvan Cir Unit 104, Germantown

$229,900

2 Beds ⋅ 2 Baths

READY FOR YOU TO MOVE IN! Newly updated. Yes, new carpet through out, some new light fixtures, new paint. New Cabinets in 2026, New windows and patio door in 2024. The unit includes a deeded indoor heated parking spot (#58), and storage unit (#58). South facing patio. Open concept living room with gas fireplace, dining area and galley kitchen with newer SS appliances. Split bedroom design. Primary Suite offers two double closets, and an ensuite bathroom. 2nd bedroom with walk in closet and a full bath in the hall way. Stacked Washer & Dryer in unit. Call today!

N113W16241 Sylvan Cir Unit 104, Germantown

Listing courtesy of First Weber Inc - Brookfield.

$335,000

3 Beds ⋅ 2 Baths

Welcome to this charming ranch home situated on a picturesque half acre lot. You'll enjoy two comfortable living spaces, each offering lovely views, & one featuring a charming brick natural fireplace perfect for cozy evenings. You'll find 3 nicely sized bedrooms and 2 full bathrooms. The detached garage is a real bonus, complete with paved parking pad on the side, an office, heat & a workshop area. There's also a shed on a slab for even more storage & flexibility. Thoughtful updates over the past 12 years include the garage, shed, furnace, water heater, stove, and refrigerator. The yard is something special--lush greenspace, ideal for relaxing, gardening, or play. Located in the heart of Germantown, walk to the park, school, & you're just minutes from shopping, services & Hwy 45.

W160N9756 Colonial Dr, Germantown

Listing courtesy of ERA MyPro Realty.

$349,900

3 Beds ⋅ 1 Baths

Look no further for your home in Germantown! This charming Cape Cod offers approx. 1,902 sq. ft., 3 bedrooms, 1.5 baths, hardwood floors, an updated kitchen, finished rec room, and spacious backyard. Backing directly to permanently protected MMSD Greenseames natural green space, enjoy exceptional privacy, wildlife views, and no future rear development. A whimsical backyard hobby barn offers flexible space for gardening, storage, hobbies, or creative projects. Located in the desirable Germantown School District just down the street from Rockfield Elementary. Mature landscaping, generous green space, and tons of potential.

N132W17882 Rockfield Rd, Germantown

Listing courtesy of KWS Realty (Kathy Wolf and Sons Realty).

$399,900

3 Beds ⋅ 2 Baths

First time on the market in 40 years! Meticulously maintained brick Ranch offering 1,730 sq ft, 3 BRs & 2.5 baths. Inviting living/dining room features a built-in china cabinet, while the eat-in kitchen offers quartz countertops, appliances & opens to a warm family room with vaulted ceiling & stunning gas fireplace. Attached 2.5-car garage features epoxy flooring, while the DRY lower level offers a full bath & endless potential for a rec room or additional living space. Outside, enjoy the attractive brick exterior, beautifully maintained backyard, spacious patio & storage shed. Updates include windows (2015), furnace (2025) & tear-off roof (2026). Ideally located near schools, parks, shopping, restaurants & more. Simply move in, unpack & enjoy--you're going to LOVE living here!

W174N9847 Wendy Ln, Germantown

Listing courtesy of Century 21 Benefit Realty-LC.

$239,000

2 Beds ⋅ 1 Baths

BEST LOCATION IN LAKE PARK WEST! Welcome to this beautifully updated 2-bedroom, 1-bath first-floor end unit in the desirable Lake Park West Condo Association! Enjoy one of the best views in the association, overlooking the peaceful pond with convenient access to the association's private walking trails. The private, tree-lined patio provides a relaxing outdoor retreat. Inside, numerous updates include new flooring throughout, a completely remodeled full bathroom, new kitchen countertops and breakfast nook, new storm door, and new closet doors throughout. A private garage parking stall is included, with a SECOND private garage stall available upon request for parking/storage. A wonderful opportunity to enjoy low-maintenance condo living in a peaceful Germantown setting!

N114W16951 Armada Dr Unit 3, Germantown

Listing courtesy of Shorewest Realtors, Inc..

$379,000

3 Beds ⋅ 2 Baths

YOUR NEXT HOME is this well-maintained, tidy Germantown Ranch, convenient to shopping and hwy, yet quiet, on a dead end road nestled in the trees. Friendly and helpful neighbors. Split ranch, with Primary BR en suite in it's own separated area. Large garden shed for extra storage and tools. New asphalt driveway Sep, 2026, Carpeting in BRs Aug, 2026, HVAC (2022) still under warranty, Vinyl tilt to clean Windows (2020), and so much more. (See Seller Updates.) Hurry, this one won't last long.

W188N9690 Orchard Dr, Germantown

Listing courtesy of Abundance Real Estate.

N110W16936 Ashbury Cir Unit 4, Germantown

$229,900

2 Beds ⋅ 2 Baths

Lower level condo in Ashbury Woods with private entrance and patio. This easily accessible unit boasts two full bathrooms, kitchen complete with appliances, in-unit laundry, dining area with breakfast bar, and two bedrooms, each with walk-in closets! Many updates include new carpet, fresh paint and updated bathrooms. Located in the heart of Germantown, close to downtown and shopping for easy commuting. Unit is move-in ready.

N110W16936 Ashbury Cir Unit 4, Germantown

Listing courtesy of Premier Point Realty LLC.

$149,500

2 Beds ⋅ 1 Baths

Freshly updated and ready for its next owner! This 2-bedroom, 1-bath upper condo features brand-new LVP flooring and fresh paint throughout. The open-concept living room opens to a private balcony, filling the space with great natural light. Includes an eat-in kitchen, spacious bedrooms with ample storage, central air, 1-car garage, and dedicated storage space. Quiet, peaceful setting close to local Germantown shopping, parks, and highway access. Schedule your showing!

N114W16680 Crown Dr Unit 6, Germantown

Listing courtesy of Homestead Realty, Inc.

$309,000

2 Beds ⋅ 2 Baths

Enjoy effortless condo living in this 2-bedroom, 2-full-bath condo located in the desirable Germantown Riversbend Condo Association! Step inside to a functional layout featuring a spacious main living area with a stunning fireplace, a primary suite with a private attached bath, and a generous second bedroom perfect for guests or a home office. The lower level expands your options with a partially finished basement plus an expansive cedar closet for storage. Outdoors, take in peaceful nature views of the surrounding pond and scenic prairie right from your back patio, or take advantage of community amenities including 2 outdoor pools and tennis courts. Complete with great natural light and endless potential, this condo is ready for your personal design touches to make it truly your own!

W180N9841 Riversbend Cir W, Germantown

Listing courtesy of Real Broker Milwaukee.

Start Your Search

Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.