Georgetown, IN—47122
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Georgetown, IN
As of Oct '25, the median home price in Georgetown, IN is $324,000, with a year-over-year change of 3.3%. This indicates that home prices in Georgetown, IN are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $324,000 | 3.3% |
| Single Family | $325,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | 5.0% |
3 Bed | $305,000 | 3.0% |
4 Bed | $398,000 | 2.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Georgetown, IN
As of July '25, Rentcast reports the average rent in Georgetown, IN is $1,790, with a year-over-year rent change of 2.3%. Per bedroom, the median rent as of July '25 in Georgetown, IN is 2-bedrooms: $1,020, 3-bedrooms: $1,990. The most common rental property sizes in Georgetown, IN are 2-bedroom and 3-bedroom, accounting for 47.5% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,020 | $1,020 |
| 3 Bed Rent | $1,750 | $1,990 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Georgetown, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Georgetown, IN is 42. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $383,000 | 2.0% |
Listing Count | 67 | 108.0% |
| Listings as % of Homes | 1.1% | 108.0% |
Days on Market | 42 | -26.0% |
Demographics — Georgetown, IN
As of the latest ACS Survey released in 2023, Georgetown, IN has a population of 11,200, which has increased by 2.9% over the past 5 years. Georgetown, IN is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 36.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,200 | 2.9% |
% Under 18 | 25.3% | -9.6% |
% Seniors | 14.9% | 10.4% |
% WFH | 13.9% | 396.4% |
% w/ College Degree | 36.6% | 5.2% |
As of the latest ACS Survey released in 2023, Georgetown, IN is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Georgetown, IN is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.2% of the population in Georgetown, IN, and this percentage has decreased by 81.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.9% | -1.4% |
% Black | 0.7% | 16.7% |
% Hispanic | 1.8% | 200.0% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 0.2% | -81.8% |
Mortgage and Risk — Georgetown, IN
According to HUD data as of 2023, there were 360 mortgage originations in Georgetown, IN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Georgetown, IN. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 360 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Georgetown, IN
Georgetown, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | $190 | $1,020 | $1,210 |
| 3 Bedroom | -$190 | $1,750 | $1,560 |
| 4 Bedroom | N/A | N/A | $1,810 |
Affordability — Georgetown, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $324,000 |
| Median Household Income | $106,000 |