Is Georgetown, WI 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 July 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, WI cost?

Median Sold Price

$265,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

-$40,000(-13.1%)

Key Takeaway

Homes in Georgetown have sold for 13.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $235K$227.5K
-3.2%
2 $200K$235K
+17.5%
3 $350K$265K
-24.3%
4 $447.5K$592.5K
+32.4%
5+ $1.2M$1.0M
-13.3%

Median Sold Price Compared To Nearby Cities

Comstock
+14.8%
Apple River
-9.2%
Georgetown
-13.1%
Bone Lake
-16.1%

How many homes are available in Georgetown, WI?

Number of Homes For Sale

Jun 2022Jul 2022%
20200.0%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 108
-20.0%
3 810
+25.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Georgetown, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
50 Days33 Days-32.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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, WI

Homes for sale in Georgetown, WI have reached 20. The median list price of listings available in July 2022 was $265,000, while the average time on the real estate market was 33 days. Real estate listing prices changed between June 2022 and July 2022: prices of 1 bedroom properties decreased by 3.2%, prices of 2 bedrooms properties went up by 17.5%, 3 bedrooms properties became 24.3% more cheaper, 4 bedrooms properties became 32.4% more expensive, 5 bedrooms properties became 13.3% more cheaper. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 20%, the quantity of 3 bedrooms homes went up by 25%, 4 bedrooms homes did not move, number of 5 bedrooms homes remained the same. Georgetown, WI housing market in July 2022 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.

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