Is Georgetown, DE 19947 a buyer’s or seller’s market?
Georgetown is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 34% of U.S. ZIP codes, and #32 of 47 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Georgetown housing market right now
In the three months ending August 31, 2026, 21% of homes in Georgetown, DE 19947 sold above their list price, the typical home went under contract in 65 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 58 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (22% then), homes sold more slowly (61 days then) and the median sale price rose 1% to $379,826. Overall, Georgetown is about as competitive as it was a year ago.
Within Sussex County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Georgetown ranks #32 of 47 DE ZIP codes with enough sales (score 36 out of 100).
Nearby, buyers who want less competition could look at Millville 19967 (0% sold over asking) or Millsboro 19966 (8% sold over asking), while Delmar 19940 (50% sold over asking) and Harbeson 19951 (36% sold over asking) are even more competitive.
Run the numbers for 19947
Nearby markets
Bethany Beach 19930Seller’s market $529 /sq ftBridgeville 19933Balanced $201 /sq ftDagsboro 19939Seller’s market $245 /sq ftDelmar 19940Balanced $152 /sq ft Browse all markets →Towns like Georgetown nearby
Find towns like Georgetown in other states →Where Georgetown is
Loading map…
Questions about Georgetown real estate
Is Georgetown a buyer’s or seller’s market?
A buyer’s market: there were 6.2 months of supply in Georgetown, DE 19947 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Georgetown?
The typical home went under contract in 65 days in the latest three months.
Do homes in Georgetown sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Georgetown?
About 0.32% of a home’s value a year in Sussex County, or roughly $1,280 on a $400,000 home.
What is the median home price in Georgetown?
The median sale price was $379,826 in the three months ending August 31, 2026, about $196 per square foot.
Local agents
See all agents in 19947 →No sponsored agents in 19947 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 19947
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology