Georgetown home prices rise 5.6% as D.C. market lags

Georgetown home values climbed 5.6% in the 12 months through September 2026, more than three times Washington’s pace, according to a new market analysis from luxury agent Daryl Judy. The report shows the neighborhood’s scarcity, faster sales and high-end townhouse market continue to separate Georgetown from the broader city.

Why it matters: - Georgetown remains one of the most expensive and resilient housing markets in Washington. - The neighborhood’s price growth outpaced the city, widening the gap for buyers and sellers. - Luxury homes in Georgetown continue to command a premium because inventory is limited.

What happened: - Daryl Judy released a 12-month analysis of Georgetown real estate covering October 2025 through September 2026. - Georgetown homes sold at a median of about $1.69 million, based on 234 sales. - That median was up 5.6% from the prior 12 months. - Washington’s citywide median rose 1.7% over the same period to $681,000. - Georgetown’s median was about 2.5 times the citywide median. - Georgetown buyers paid a median $848 per square foot, compared with $485 across Washington. - In ZIP code 20007, which includes Burleith, Foxhall and Glover Park, the median price fell 3.3% to about $1.37 million.

The details: - Rowhouses and townhomes made up 68% of Georgetown sales, or 159 homes. - The median price for rowhouses and townhomes was about $1.83 million, roughly flat year over year. - Detached single-family homes changed hands 16 times in 12 months. - Detached homes had a median price of about $4.56 million and a median of $1,033 per square foot. - Georgetown sales fell 4.5%, in line with a 5.1% decline citywide. - Homes sold in a median 43 days in Georgetown, faster than the 62-day citywide median. - Georgetown homes sold for 97.9% of list price. - About one in six Georgetown homes sold above asking. - Georgetown condos posted a different trend, with the median condo price falling 10.9% to about $722,000. - Condos took a median 70 days to sell. - Buyers and sellers can find Georgetown homes for sale, neighborhood insights and market data at LuxuryGeorgetownHomes.com.

Between the lines: - Georgetown’s appeal is being driven by scarcity, historic housing stock, waterfront access and walkability. - The data suggest buyers treat Georgetown as a distinct market, not a substitute for nearby neighborhoods. - The townhouse-heavy sales mix keeps the neighborhood’s median high, even as transaction volume eases. - Condos look like the most accessible entry point, and the softer pricing gives buyers more leverage. - Judy said pricing is especially important in a selective market because every Georgetown block trades differently.

What's next: - Georgetown’s market is likely to remain highly segmented by property type and block. - Continued scarcity could keep supporting prices for prime homes. - Condo buyers may keep finding negotiating room if inventory and demand stay uneven. - Sellers will likely need sharper pricing strategies as the neighborhood moves through a more selective market.

The bottom line: - Georgetown is still outperforming Washington, with luxury demand and limited supply keeping home values ahead of the broader city.