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Foreclosure Homes in Georgetown, KY

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Burton-pike-Georgetown-KY-40324
Bankruptcy
$154,997 EMV

Burton Pike
Georgetown, KY 40324

4 Bed | 2 Bath | 2,352 Sq. Ft.

5 Harmon-ct-Georgetown-KY-40324
Preforeclosure
$77,435 EMV

Harmon Ct
Georgetown, KY 40324

2 Bed | 1 Bath | 952 Sq. Ft.

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Foreclosure Homes in Georgetown, KY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Georgetown, KY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Georgetown, KY and much more. Save thousands at closing with home foreclosure listings in Georgetown, KY — up to 75% off market value!


Top Reasons To Live In Georgetown, KY In 2021

Georgetown is located in Scott, Kentucky, with an estimated municipal population of 34,992 residents. All of the best foreclosed homes for sale in Georgetown are located in the following zip code areas on Foreclosure.com: 40324. The estimated population per square kilometer (.62 miles) in Georgetown is 810.


Cost Of Living In Georgetown, KY

So, about how much do homes cost in Georgetown? The most recent median value of resident-owned homes in Georgetown is 169,138. An estimated 61.6 percent of households in Georgetown own their homes, with an average family size of 2.93. The median household income in Georgetown is 65,812, with26.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Georgetown, the median commute time of resident workers (in minutes) is 19.5. And last, but certainly not least, are you looking for homes to rent in Georgetown? If so, the average rent price paid by renters in Georgetown is 889, according to recent statistics.


Diversity And Demographics In Georgetown, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Georgetown, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Georgetown is 33.4, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Georgetown is 50.5, with an average family size of 2.93.

The percentage of residents who report their race in Georgetown is as follows:

White 85.2%
Black / African American 6.1%
Asian 1.6%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.6%
Other 2.3%

Looking for family-friendly neighborhoods in and/or near Georgetown? Or maybe you are searching for 55+ active adult communities in and/or near Georgetown?

The percentage of residents who report their age in Georgetown is as follows:

Under 10 14.9%
Aged 10-19 14.4%
20s 15.3%
30s 16.9%
40s 13%
50s 11.8%
60s 7.3%
70s 4%
80+ 2.5%

Best Schools In Georgetown, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Georgetown with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Georgetown.


Pros And Cons Of Living In Georgetown, Kentucky

How do you know that living in -- or moving to -- Georgetown is right where you need to be? Perhaps you grew up in Georgetown or already live nearby; therefore, the decision to buy a home in Georgetown is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Georgetown for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Georgetown:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Georgetown.


Reasons To Move To Georgetown, Kentucky, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Georgetown can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Georgetown, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Georgetown, KY

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