Georgetown Entry-Level Homes: Affordability Check

What does it cost to buy an entry-level home in Georgetown today? The bottom quartile of the market closed at a median price of $407,000 across 241 sales in September. This figure represents the lowest-priced homes sold in the city during the month, serving as the baseline for affordability analysis. ALEX Intelligence calculated this entry-level threshold by isolating the bottom quartile of closed sales from the trailing 12-month data. The median price per square foot for these homes was $202, with a typical living area of 2,182 square feet. Compared to August, the median entry-level price fell 4.0%, while the number of closed sales in this tier dropped 18.9% from the prior month. When viewed against last year, the entry-level median price is down 9.6%. Sales volume for these homes is also lower, falling 12.4% compared to September 2025. The market remains sensitive to financing costs; with a current mortgage rate of 7.32%, a buyer purchasing an entry-level home at the median price would face a principal and interest payment of $2,237 per month based on the buydown model parameters provided. Buyers using a 3-2-1 buydown could reduce that initial payment to $1,615 in the first year, though the total cost of the buydown would be $15,168. The data shows that while prices have softened, the volume of entry-level transactions has contracted significantly, suggesting fewer qualified buyers are entering this specific price bracket. n=241 closed sales; n=241 for entry-level quartile analysis. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog