$6,519 Closing Credit*
$549,000
1,479 SqFt
3 Beds
•2 Full Baths
Michael Friedman, Listing Office: 1848TXRealty
Is Georgetown, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Georgetown was a Seller's Market.
Key Takeaway
Georgetown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Georgetown, TX
How much do homes in Georgetown, TX cost?
Median Sold Price
$453,152
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,785(+1.3%)
Key Takeaway
Homes in Georgetown have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Georgetown was $453,152 in November 2024, up 1.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $370K | $125K | -66.2% |
| 2 Bedrooms | $395K | $380.8K | -3.6% |
| 3 Bedrooms | $400K | $399.9K | 0% |
| 4 Bedrooms | $499.9K | $516.7K | +3.4% |
| 5+ Bedrooms | $647K | $680K | +5.1% |
Summary: Georgetown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.2%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Leander | $469.7K | $479K | +2.0% |
| Georgetown | $447.3K | $453.1K | +1.3% |
| Round Rock-Georgetown | $464.4K | $459.8K | -1.0% |
| Round Rock | $442.5K | $434.1K | -1.9% |
Housing Supply in Georgetown, TX
How many homes are available in Georgetown, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,183 | 1,099 | -7.1% |
Summary: The Georgetown real estate market had 1,099 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 162 | 145 | -10.5% |
| 3 Bedrooms | 431 | 399 | -7.4% |
| 4 Bedrooms | 468 | 436 | -6.8% |
| 5+ Bedrooms | 121 | 118 | -2.5% |
Summary: The Georgetown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 2.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 215 | 158 | -26.5% |
Asking Price vs. Sold Price
116 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Georgetown, you may be able to get a good deal. 73.4% of homes here sold below asking price last month.
Summary: A total of 158 homes were sold or pending in Georgetown in November 2024, down by 26.5% month-over-month. Of the 158 sold homes, 73% were sold under asking, 20% were sold at asking, and 6% were sold over asking.
Days on Market for Georgetown, TX
How long does it take to sell a home in Georgetown, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 87 Days | +5.9% |
Summary: Homes in Georgetown had an average of 87 days on market in Nov 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Georgetown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 158 homes were sold in Georgetown; 29% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
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