Much like nearby areas, it's similar compared to the rest of the nation. However compared to the city of Philadelphia, it is a lot more expensive.
Home prices
The cost of the median home in Georgetown is $220,800. It is is very similar compared to the surrounding areas.Compared to the United States as a whole it is about $3,300 (1%) higher, and compared to the city of Philadelphia it is roughly $57,800 (35%) higher.
Rents
The median rent in Georgetown is $875 per month. This is roughly $76 (7%) lower in comparison to its nearby areas.It is about $187 (17%) lower compared to the nation as a whole, and compared to the city of Philadelphia is approximately $167 (16%) lower.
Nearby places
Milton
Milton is approximately 6 miles northeast from Georgetown. Real estate prices there are somewhat more expensive. Milton's median home cost is $300,900, which works out to $80,100 (26%) higher than Georgetown. The rent there is a bit more expensive. Milton's median monthly rent is $944, which is $69 (7%) higher than Georgetown.
Millsboro
Millsboro is roughly 7 miles southeast from Georgetown. Housing prices there are pretty similar. The median home in Millsboro costs $215,200, which works out to $5,600 (2%) lower than Georgetown. Rents there are a little more expensive. In Millsboro the median monthly rent is $1,063, which works out to $188 (17%) higher than Georgetown.
Ellendale
Ellendale is about 8 miles north from Georgetown. The housing prices there are substantially less expensive. The cost of the median home in Ellendale is $152,900, which works out to $67,900 (44%) lower than Georgetown. Rent there is somewhat more expensive. In Ellendale the median monthly rent is $1,085, which is $210 (19%) higher than Georgetown.
Bridgeville
Bridgeville is roughly 10 miles west from Georgetown. Its real estate prices are a little more expensive. The price of the median home in Bridgeville is $276,500, which works out to $55,700 (20%) higher than Georgetown. Rent there is a lot less expensive. The median rent in Bridgeville is $618 per month, which works out to $257 (41%) lower than Georgetown.
Blades
Blades is about 10 miles west from Georgetown. Housing prices there are a lot less expensive. Blades's median home value is $154,700, which comes out to $66,100 (42%) lower than Georgetown. Rents there are somewhat more expensive. The median rent in Blades is $1,045 per month, which comes out to $170 (16%) higher than Georgetown.
