Is Georgetown, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Georgetown is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Georgetown has remained a Seller's Market.

Key Takeaway

Georgetown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Georgetown, TN cost?

Median Sold Price

$765,000

$239/sqft

Based on all homes sold in April 2022.

Difference Since Last Month

+$560,000(+273.2%)

Key Takeaway

Homes in Georgetown have sold for 273.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2022Apr 2022%
1 --
N/A
2 $205K-
N/A
3 $611K$765K
+25.2%
4 --
N/A
5+ --
N/A

How many homes are available in Georgetown, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
1317+30.8%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 20
-100.0%
3 914
+55.6%
4 23
+50.0%
5+ 00
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Georgetown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Georgetown, TN

Georgetown, TN has 17 homes for sale to choose from. The inventory of homes for sale in Georgetown, TN between March 2022 and April 2022 increased by 30.8%. This housing market listing prices have changed between April 2021 and April 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 25.2%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 100%, the quantity of 3 bedrooms homes went up by 55.6%, volume of 4 bedrooms homes went up by 50%, 5 bedrooms homes did not move. Georgetown, TN housing market in April 2022 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

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