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 $348,419, 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%).
Real estate appreciation rates in Georgetown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.42% during the period.
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 3.83%, 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 0.92%, which equates to an annual appreciation rate of 3.75%.
Relative to Indiana, our data show that Georgetown's latest annual appreciation rate is lower than 70% of the other cities and towns in Indiana.
$348,419
for Indiana
for nation
1,301
$1,735 / per month