Georgetown's January First-Time Homebuyer Report

The population of Georgetown is very affluent compared to others in Washington, DC with a median income of $115,433 per household. It's also considered a very expensive neighborhood in terms of affordability with a cost of living adjustment score of 214.9. With a median age of 73 years, homes in Georgetown tend to be older than most. The best schools in the neighborhood are Hyde Elementary School, City Collegiate Pcs, and Ellington School of the Arts.

Price Range

Homes in Georgetown are generally more expensive than others in the city with a median home value of $860,957 and an average list price of $1,593,381.

Out of all the listings in Georgetown, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$7.8M   $10M   $12M  

Typical Dwelling

A three-bedroom townhouse valued around $1,477,999 is considered a typical dwelling in Georgetown. If a buyer was looking for a similar home, they would need good credit and a $295,600 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $6,321 and the property tax rate is $6.16 per $1,000 of taxable assessed value.

Get started right now by checking out Georgetown homes for sale or reviewing Georgetown real estate trends.


Data reported through 1/12/2017

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