Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,785 people, 1,301 houses or apartments, and a median cost of homes of $347,986, Georgetown real estate is some of the most expensive in Indiana, although Georgetown home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Georgetown, accounting for 84.60% of the town's housing units. Other types of housing that are prevalent in Georgetown include mobile homes or trailers ( 5.18%), row houses and other attached homes ( 4.90%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.27%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Georgetown. Owner-occupied housing accounts for 80.42% of Georgetown's homes, and 74.88% have either three or four bedrooms, which is average sized relative to America.
Georgetown homes and real estate are some of the newest in America. 45.28% of Georgetown's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Georgetown real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 42.06%), and between 1940-1969 ( 7.49%). There's also some housing in Georgetown built before 1939 ( 5.18%).
Appreciation rates for homes in Georgetown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 89.76%, which ranks in the top 50% nationwide. This equates to an annual average Georgetown house appreciation rate of 6.62%.
Over the last year, Georgetown appreciation rates have trailed the rest of the nation. In the last twelve months, Georgetown's appreciation rate has been 7.11%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Georgetown were at 2.58%, which equates to an annual appreciation rate of 10.71%.
Relative to Indiana, our data show that Georgetown's latest annual appreciation rate is lower than 80% of the other cities and towns in Indiana.
$347,986
for Indiana
for nation
1,301
$1,696 / per month