Foreclosure Homes in Georgetown, DE

Current Market Conditions in Georgetown, DE

The Georgetown real estate market has become increasingly competitive over the past year, with home prices rising due to demand from new buyers drawn to the area’s charm and amenities. Homes here tend to be on the market for a shorter period compared to previous years, reflecting a robust interest in the local housing market.

Developments in the area, particularly with new commercial ventures opening, have contributed to an upswing in property values, drawing attention from investors looking for growth opportunities. Continuous development programs have enhanced the appeal of Georgetown, making it a sought-after location.

Rent Prices In Georgetown, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Georgetown, DE, is on a rollercoaster ride. The average rent price in Georgetown, DE, is $1,449.00. Indeed, when looking to rent in Georgetown, DE, you can expect to pay as little as $990.00 or as much as $2,940.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Georgetown, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.