Living in Georgetown, FL
Georgetown, FL, is a friendly town along the St. Johns River, known for its natural beauty and serene lifestyle. Residents can enjoy outdoor activities such as fishing and boating, along with a strong sense of community. With its historic charm and convenient access to urban areas, Georgetown appeals to diverse homebuyers looking for tranquility.
Current Market Conditions in Georgetown, FL
The real estate market in Georgetown, FL, has shown consistent growth, attracting both investors and first-time homebuyers. Properties are reasonably priced compared to nearby urban areas, providing a good opportunity for investment. The demand for homes in this area has been rising due to its appealing lifestyle and picturesque environment.
Current trends indicate a broader interest in smaller towns as more people seek to relocate from cities, particularly in the wake of increased remote working capabilities. This shift is expected to sustain the demand for housing in Georgetown, making it an attractive market for potential investors.
Home Value Estimator For Georgetown, FL
There are currently 858 real estate properties
in Georgetown, FL,
with a median automated valuation model (AVM) price
of $116,971.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Georgetown, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Georgetown, FL,
is $179,040.00, with the most expensive house
in Georgetown, FL, topping out
at $1,714,615.00 and the cheapest home
in Georgetown, FL,
clocking in at $13,809.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Georgetown, FL!
Rent Prices
In Georgetown, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Georgetown, FL, is on
a rollercoaster ride. The
average rent price in Georgetown, FL,
is $850.00. Indeed, when looking to rent in
Georgetown, FL, you can expect to pay as little
as $540.00 or as much
as $1,540.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Georgetown, FL
-- 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.
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