Georgetown, Texas Housing Market Prices
Georgetown Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 3% above the Texas median$267,647
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Median rent 29% above the Texas median$1,808
Housing Market Overview
| Metric | Georgetown | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $267,647 | $258,873 | $248,835 |
| Price Trend (Annual %) | 5.2% | 9.2% | 7.5% |
| Median Gross Rent | $1,808 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 7.4% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Georgetown is about 3% higher than in Texas. Rent is about 29% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Georgetown, up about 5.2% and 7.4% a year respectively. Rent is changing faster.
Median rent in Georgetown rose about 80.2% between 2015 and 2024, from $1,004 to $1,808. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Georgetown.
Buying the median-priced home in Georgetown costs roughly 12.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Georgetown. The price-to-rent ratio in Texas is about 15.4.
| Metric | Georgetown | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $267,647 | $258,873 | $248,835 |
| Median Household Income | $102,518 | $78,939 | $80,455 |
| Price-to-Income Ratio | 2.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Georgetown rose about 56.4%, while median household income rose about 46.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Georgetown | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.9% | 56.7% | 58.5% |
| Rental Rate | 26.7% | 33.9% | 31.2% |
| Vacancy Rate | 4.5% | 9.4% | 10.2% |
| Median Tenure (years) | 10.0 | 14.0 | 15.0 |
| Median Year Moved In | 2016 | 2012 | 2011 |
Georgetown has a homeownership rate of 68.9%, higher than the Texas average of 56.7%. Its housing vacancy rate is 4.5%, compared with 9.4% in Texas.
Housing Stock
| Metric | Georgetown | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 2004 | 1990 | 1978 |
| Median Number of Rooms | 5.8 | 5.4 | 5.5 |
The typical housing unit in Georgetown was built around 2004. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 10.0 years on average.
Georgetown, TX Housing Compared With Nearby Cities
How Georgetown, TX compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Georgetown, TX | 75,111 | $267,647 #2/2 | $1,808 #1/2 | 72.1% #1/2 |
| Round Rock, TX | 117,127 | $373,290 | $1,760 | 55.2% |
Frequently Asked Questions
Common questions about the housing market in Georgetown, Texas.
What is the median home price in Georgetown, Texas?
The median home price in Georgetown, Texas is $267,647, higher than the Texas average of $258,873.
What is the average home price in Georgetown, Texas?
The typical home price in Georgetown, Texas, reported as the median sale price, is $267,647. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Georgetown, Texas?
The median gross rent in Georgetown, Texas is $1,808 per month, higher than the Texas average of $1,402.
What was the median gross rent in Georgetown in 2020?
In 2020, the median gross rent in Georgetown, Texas was $1,277 per month.
What is the price-to-rent ratio in Georgetown, Texas?
The price-to-rent ratio in Georgetown, Texas is about 12.3, meaning it would take roughly 12.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Georgetown.
Are home prices or rent rising faster in Georgetown, Texas?
Both home prices and rent are rising in Georgetown, up about 5.2% and 7.4% a year respectively. Rent is changing faster.
What is the homeownership rate in Georgetown, Texas?
68.9% of households in Georgetown, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Georgetown, Texas?
The housing vacancy rate in Georgetown, Texas is 4.5%, lower than the Texas average of 9.4%.
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