Mortgage payment estimates, closing cost breakdowns, and homebuying data for Georgetown, Kentucky.
Pre-filled with Georgetown median home price and Kentucky tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kentucky rates and fees applied to Georgetown prices.
The median home price in Georgetown is $265,000, 26% above the Kentucky state median of $210,000. With a population of 36,915, Georgetown is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Kentucky average 0.83% annually. This moderate property tax rate means a $265,000 home in Georgetown would carry roughly $183/month in property taxes. Homeowners insurance in Kentucky runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Georgetown is $1,120/month. The price-to-rent ratio in Georgetown is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Georgetown presents moderate affordability. The $265K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.