A breakdown of the total market value of properties in Georgetown shows that the city is prominently a residential community. However, the value of Georgetown’s commercial market saw the biggest increase from 2023 to 2024, with an increase of $600 million in value. The multi-family housing market saw an increase of only $200 million because, according to WCAD, there were no new multi-family units on the market in Georgetown from 2023 and 2024.
In the last five years, the total market value of properties in Georgetown has gone up $11.72 billion, and the value of commercial properties has nearly tripled, from a value of $1.39 billion in 2019 to $3.3 billion in 2024.
Data about the city’s housing market and the value of property within the city was presented to Georgetown City Council by the Williamson Central Appraisal District April 23.
