Georgetown Home Prices & Values

$1,072,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.7% 1-year change
  • 1.2% 1-year forecast

Market Temperature: ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Georgetown is $1,072,100. Georgetown home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Georgetown is $806, which is higher than the Washington average of $473. The median price of homes currently listed in Georgetown is $1,195,000 while the median price of homes that sold is $1,121,154. The median rent price in Georgetown is $3,350, which is higher than the Washington median of $2,250.

Foreclosures will be a factor impacting home values in the next several years. In Georgetown 1.7 homes are foreclosed (per 10,000). This is greater than the Washington value of 0.6 and also lower than the national value of 4.3

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Relative ZHVI
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Georgetown Market Overview

Data through Jun 30, 2014
  • $1,072,100 ZHVI
  • 1.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $1,195,000 Median listing price
  • $1,121,154 Median sale price
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Georgetown Market Health

Data through Jun 30, 2014
  • 1.8/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

1.7 homes(Mar 31, 2012) Georgetown
0.6 homes Washington
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Kalorama $1,096,100 Burleith $956,200 Woodley Park $769,500
North Rosslyn $748,300 Radnor-Ft Myer Heights $481,200 Cathedral Heights $466,900
Glover Park $416,900 Dupont Circle $403,100 Foggy Bottom $327,300

Listings & Sales

Data through Jun 30, 2014
  • $806 Median list price / sq ft
  • $777 Median sale price / sq ft
  • 35.2% Listings with price cut
11.8%
Sold below listing
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Georgetown Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$4,231 Georgetown
$2,474 Washington
$1,310 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $3,350 Rent list price
  • $3.17 Rent list price / sq ft
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