Georgetown, KY has a median housing value of $265,300, which is significantly lower than the US median value of $338,100. Over the past year, the appreciation rate of housing in Georgetown was 16.19%, much higher than the national average of 8.27%. This suggests that investing in real estate in Georgetown is becoming increasingly attractive as housing values continue to rise. With its relatively low median home price and high appreciation rates, Georgetown is rapidly becoming a desirable destination for those looking to invest in residential properties.
The median home cost in Georgetown is $265,300. Home appreciation the last 10 years has been 72.6%. Home Appreciation in Georgetown is up 19.3%.
Average Age of Homes
- The median age of Georgetown real estate is 21 years old
The Rental Market in Georgetown
- Renters make up 33.2% of the Georgetown population
- 0.7% of houses and apartments in Georgetown, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.