Georgetown, Louisiana has a median housing value of $130,800, which is significantly lower than the U.S. median housing value of $338,100. Over the past year, house values in Georgetown have appreciated at a rate of 1.02%, which is much lower than the 8.27% appreciation that has been seen nationally. This slower rate of growth may be due to factors such as local economic conditions or population changes. Georgetown is an attractive market for those looking for more affordable housing options and potential investment opportunities.
The median home cost in Georgetown is $130,800. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Georgetown is up 10.7%.
Average Age of Homes
- The median age of Georgetown real estate is 45 years old
The Rental Market in Georgetown
- Renters make up 25.3% of the Georgetown population
- 3.2% 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.