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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Georgetown, TX Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Georgetown, TX Housing Market Trends

With 86,507 people, 26,891 houses or apartments, and a median cost of homes of $445,751, Georgetown real estate is some of the most expensive in Texas, 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 74.81% of the city's housing units. Other types of housing that are prevalent in Georgetown include large apartment complexes or high rise apartments ( 14.67%), duplexes, homes converted to apartments or other small apartment buildings ( 6.29%), and a few row houses and other attached homes ( 3.50%).

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 69.43% of Georgetown's homes, and 56.50% 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. 60.67% of Georgetown's housing was built since 2000, making the city 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 ( 34.28%), and between 1940-1969 ( 3.41%). There's also some housing in Georgetown built before 1939 ( 1.64%).

Georgetown Home Appreciation Rates

In the last 10 years, Georgetown has experienced some of the highest home appreciation rates of any community in the nation. Georgetown real estate appreciated 110.85% over the last ten years, which is an average annual home appreciation rate of 7.75%, putting Georgetown in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Georgetown definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 -11.67%, 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 -1.15%, which equates to an annual appreciation rate of -4.51%.

Notably, Georgetown's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Georgetown's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Georgetown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Georgetown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Georgetown real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$445,751

Georgetown, TX Home Prices
> $1,395,000
$1,047,001 - $1,395,000
$698,001 - $1,047,000
$558,001 - $698,000
$418,001 - $558,000
$279,001 - $418,000
$140,001 - $279,000
$70,001 - $140,000
$0 - $70,000
1.0%
1.0%
1.5%
1.5%
10.0%
10.0%
11.5%
11.5%
25.5%
25.5%
37.5%
37.5%
10.9%
10.9%
0.6%
0.6%
1.6%
1.6%
0% 100.0%
% of Homes
Very High

for Texas

Very High

for nation

Number of Homes And Apartments:

26,891

Georgetown Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,547 / per month

Homeownership Rate

Owners
Renters
Vacant
69.4%
69.4%
30.6%
30.6%
5.4%
5.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
60.7%
60.7%
34.3%
34.3%
3.4%
3.4%
1.6%
1.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.8%
74.8%
3.5%
3.5%
6.3%
6.3%
14.7%
14.7%
0.7%
0.7%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.9%
1.9%
8.2%
8.2%
30.1%
30.1%
38.7%
38.7%
17.8%
17.8%
3.3%
3.3%
0% 100.0%
% of Homes