The housing market in 19947 Georgetown, DE is thriving. According to recent statistics, the median housing value in 19947 Georgetown stands at $288,400 which is significantly lower than the national median of $338,100. Despite this significant difference in values, the appreciation of homes in 19947 Georgetown has been even greater than that of the US as a whole over the past year with an 11.37% increase compared to 8.27%. This suggests that there is strong demand for housing in 19947 Georgetown and that this trend is likely to continue in the future.
The median home cost in Georgetown (zip 19947) is $288,400. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Georgetown (zip 19947) is up 17.3%.
Average Age of Homes
- The median age of Georgetown (zip 19947) real estate is 27 years old
The Rental Market in Georgetown (zip 19947)
- Renters make up 23.1% of the Georgetown (zip 19947) population
- 0.4% of houses and apartments in Georgetown (zip 19947), 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.