Georgetown, IL is a great place to buy a home, with its median value of $66,400 being significantly lower than the US housing median value of $338,100. In the last year, Georgetown houses have appreciated by 8.72%, higher than the national appreciation rate of 8.27%. This makes buying in Georgetown an attractive option for those looking to invest in property. The area provides an affordable opportunity to purchase a home as well as a sound investment for buyers looking for increased equity.
The median home cost in Georgetown is $66,400. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Georgetown is up 14.5%.
Average Age of Homes
- The median age of Georgetown real estate is 63 years old
The Rental Market in Georgetown
- Renters make up 29.9% of the Georgetown population
- 1.4% 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.