Is Georgetown, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Georgetown was a Seller's Market.
Key Takeaway
Georgetown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Georgetown, WI
How much do homes in Georgetown, WI cost?
Median Sold Price
$382,950
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Georgetown have sold for 50% more than they did a year ago.
Summary: The median home sold price in Georgetown was $382,950 in April 2024, up 50% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $116K | N/A |
| 2 Bedrooms | $235K | $260K | +10.6% |
| 3 Bedrooms | $236K | $620K | +162.7% |
| 4 Bedrooms | $469.9K | $270K | -42.5% |
| 5+ Bedrooms | $1.0M | $1.1M | +9.8% |
Summary: Georgetown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 162.7%, 4 bedroom homes decreased by 42.5%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in Georgetown, WI
How many homes are available in Georgetown, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 19 | +171.4% |
Summary: The Georgetown real estate market had 19 homes for sale in April 2024, a 171.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 9 | +800.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Georgetown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 800%, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
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.
Summary: A total of 2 homes were sold or pending in Georgetown in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Georgetown, WI
How long does it take to sell a home in Georgetown, WI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 153 Days | 97 Days | -36.6% |
Summary: Homes in Georgetown had an average of 97 days on market in Apr 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Georgetown has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Georgetown; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
