Is Georgetown, TX 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 September 2021

Since last year, 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, TX cost?

Median Sold Price

$450,054

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$79,920(+21.6%)

Key Takeaway

Homes in Georgetown have sold for 21.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $205K$391.2K
+90.9%
2 $343.8K$410K
+19.2%
3 $361.8K$437K
+20.8%
4 $420K$500K
+19.0%
5+ $520K$625K
+20.2%

Median Sold Price Compared To Nearby Cities

Georgetown
+21.6%
Leander
+20.9%
Round Rock-Georgetown
+17.7%
Round Rock
+17.1%

How many homes are available in Georgetown, TX?

Number of Homes For Sale

Aug 2022Sep 2022%
453471+4.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 8599
+16.5%
3 202196
-3.0%
4 147151
+2.7%
5+ 1824
+33.3%

Number of Homes Sold

Aug 2022Sep 2022%
10685-19.8%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

18 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. 55.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
11 Days33 Days+179.6%

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Georgetown are selling fast, if you're buying plan to act quickly.

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

About Georgetown, TX

Georgetown, TX has 471 homes on the market. The number of homes for sale in Georgetown, TX increased by 4% between August 2022 and September 2022. While the average time on the market in September 2022 was 33 days, the median list price was $450,054. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 90.9% more expensive, 2 bedrooms properties prices increased by 19.2%, 3 bedrooms properties prices increased by 20.8%, prices of 4 bedrooms properties went up by 19%, prices of 5 bedrooms properties went up by 20.2%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 16.5%, 3 bedrooms homes became 3% less available, the quantity of 4 bedrooms homes went up by 2.7%, volume of 5 bedrooms homes went up by 33.3%. In September 2022 more than 18 listings in Georgetown, TX were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 47 were sold below.

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