Georgetown Market Report
$626,040
AVERAGE PRICE OF 177 HOMES$242,800
AVERAGE PRICE OF 1 DISTRESSED HOMES$2,157,533
AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES$442,769
AVERAGE PRICE OF 33 NEWLY BUILT HOMES$679,750
AVERAGE PRICE OF 4 HOMES WITH A POOL$189,000
AVERAGE PRICE OF 1 REDUCED PRICE HOMESAverage Home
| Average Price | $626,040 |
| Avg Bedrooms | 2.05 beds |
| Avg Bathrooms | 1.45 baths |
Average Price by Bedrooms
| 2 bedrooms | $465,243 |
| 3 bedrooms | $479,031 |
| 4 bedrooms | $477,435 |
| 5 bedrooms | $456,235 |
Georgetown Home Price Trends
| 9/2023 | 8/2023 | 7/2023 | 6/2023 | 5/2023 | |
|---|---|---|---|---|---|
| Total Listings | 175 | 169 | 164 | 169 | 168 |
| Average Price | $632,422 | $633,095 | $631,102 | $601,260 | $590,285 |
| Avg Price Change | -0.11% | +0.32% | +4.96% | +1.86% | +0.28% |
| Median Price | $451,166 | $449,278 | $451,658 | $449,683 | $451,170 |
| Med Price Change | +0.42% | -0.53% | +0.44% | -0.33% | -0.75% |
| Avg Bedrooms | 2.07 beds | 2.07 beds | 2.05 beds | 2.03 beds | 2.06 beds |
| Avg Bathrooms | 1.47 baths | 1.45 baths | 1.46 baths | 1.47 baths | 1.49 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Cape Henlopen | 2 | $1,249,000 | 1,355 days |
| Central High | 1 | $125,000 | 85 days |
| Indian River | 9 | $1,115,778 | 281 days |
| Sussex Central | 13 | $346,831 | 207 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 177 | $626,040 | 371 days |
| Distressed Homes | 1 | $242,800 | 121 days |
| Multi-Million Dollar Homes | 24 | $2,157,533 | 464 days |
| Newly Built Homes | 33 | $442,769 | 222 days |
| Homes with a Pool | 4 | $679,750 | 109 days |
| Reduced Price Homes | 1 | $189,000 | 108 days |
