Georgetown

Georgetown

Located in Floyd County

$350,075 Average Value
$171 Average Price per Sq Ft
23 Homes For Sale

Laid-back, suburban living just west of Louisville

Georgetown, Indiana's quirky local businesses and drive-in theater make the neighborhood more than just a quiet suburb of Louisville. “Historically, Georgetown has been a bedroom community,” says Reny Keener, Georgetown Town Manager. “But it’s becoming a place where you can live, work and play.” This growing neighborhood draws in families and commuters who enjoy the pace of country living while having access to the city, which is just 14 miles to the east. "Since the town's early agricultural roots, it's grown a lot," says Matt Grossman, local resident and owner of The Piano Shop. "They're working on building a new restaurant next to the store right now and a new brewery is opening up right across the street," says Grossman, continuing on to explain that "We get calls all the time from people who just arrived from out of town and are moving to the area for a new job." As part of the greater Louisville metropolitan area, one advantage Georgetown has is its affordability. Because of its location in Indiana, residents enjoy "Less sales tax, better schools and a lower cost of living," says Grossman. Home to a quaint downtown and friendly, small-town community, many come to Georgetown to visit one of its small shops or restaurants, but often people stay for its relaxing lifestyle, peaceful, almost rural atmosphere and the convenience of having the city right next door.

Georgetown's Village House Coffee is a locally owned restaurant.
Georgetown's Village House Coffee is a locally owned restaurant.
Just out of the town of Georgetown you can find yourself in the quiet Indiana countryside.
Just out of the town of Georgetown you can find yourself in the quiet Indiana countryside.
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Georgetown local options for shopping and dining

Although small, Georgetown’s downtown and surrounding areas have a diverse selection of locally-owned restaurants and stores. The Georgetown Bakery moved from the downtown area in 2022 to accommodate more indoor seating, but it remains a local mainstay, serving homemade doughnuts, pastries and American fare. The Piano Shop on Main Street is the Steinway & Sons piano dealer for Kentucky and Southern Indiana. It has a showroom with new and pre-owned pianos and offers lessons as well as moving, storage, tuning and maintenance services. To encourage more local businesses to move into Georgetown, “the town council and town’s redevelopment commission is open to offer incentives like tax abatements and facade grants for business owners” Keener says. Thanks to this program, residents can soon expect “a new brewery, butcher shop and fine dining establishment to open downtown.”
In the meantime, residents can get groceries at the local Family Dollar or head over to Floyd's Knob to shop for groceries at the Jay C located there. For dinner in town, try El Nopal Mexican Cuisine and have a fun evening full of margaritas and authentic, home-cooked flavors. Stop by Lazy Sundaes ice cream shop afterward for a tasty dessert.

The Georgetown Bakery is a locally owned restaurant.
The Georgetown Bakery is a locally owned restaurant.
The Piano Shop in Georgetown is a destination for any piano lover.
The Piano Shop in Georgetown is a destination for any piano lover.
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Whistlestop Stop Showcase and the Georgetown Drive-In

On Labor Day weekend, locals gather over four days at the Whistle Stop Showcase, a festival featuring a flea market, food vendors and a classic car show. Local organizations including Destination Georgetown, the Georgetown Optimist Club and the Georgetown Lions Club sponsor the popular event. Georgetown is also home to one of the region’s only drive-in movie theaters, which opened in 1951. Georgetown Drive-In regularly draws crowds on weekends during the warmer months with its two screens and retro-style snack area that hasn't seemed to change since the theater opened.

The Georgetown Drive-In opened in 1951 and is open from May to September.
The Georgetown Drive-In opened in 1951 and is open from May to September.
Georgetown residents grab a snack before the Drive-In show.
Georgetown residents grab a snack before the Drive-In show.
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Eclectic Indiana homes with vintage charm

Surrounded by mature trees and quiet Indiana countryside, most housing options in Georgetown are single-family homes with lawns that feature minimal landscaping and, in more established parts of the neighborhood, large oak trees. In addition to quaint, early-twentieth-century homes along Main Street, the wider area has several newly constructed subdivisions that feature modern farmhouse and Craftsman homes, while ranch-style homes are also prevalent in slightly older areas. Kara Hinshaw, Realtor in Georgetown and surrounding Southern Indiana neighborhoods, explains that a major draw to Georgetown is that “it’s more affordable than Louisville and surrounding neighborhoods like Floyds Knob.” A new, three-bedroom modern farmhouse home in Georgetown typically costs in the low $300,000 range, though houses costing anywhere from $150,000 to $400,000 are common. With an average sales price of $335,000, Georgetown homes are about as expensive as those closer to Louisville at sale but come with more land. Whereas a single-acre lot close to the city is considered a steal, it's common for homes in Georgetown to sit on up to ten acres of land.

This is an example of a modern farmhouse in Georgetown.
This is an example of a modern farmhouse in Georgetown.
This example of a classic farmhouse is located on main street in Georgetown.
This example of a classic farmhouse is located on main street in Georgetown.
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Top marks for New Albany-Floyd public schools

Georgetown residents are close to several highly-rated schools in the New Albany-Floyd County Consolidated School District. Students usually attend Georgetown Elementary School and Highland Hills Middle School, both of which receive A grades on Niche. Georgetown Elementary School includes its students in local service projects throughout the year, including Blessings in a Backpack and Salvation Army Food Drives. High Schoolers in Georgetown might attend Floyd Central, which has an A-minus score on Niche. The district is currently building New Benold Middle School to accommodate the recent influx of students attending schools in the area.

Georgetown Elementary School is a highly rated, public school located in Georgetown, IN.
Georgetown Elementary School is a highly rated, public school located in Georgetown, IN.
Floyd Central High School is a highly rated, public school located in Floyd Knobs, IN.
Floyd Central High School is a highly rated, public school located in Floyd Knobs, IN.
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Heading outdoors in Georgetown

Georgetown Park offers a pavilion shelter, playground and baseball fields, where locals can join spring, summer and fall softball leagues. Visitors also appreciate spending time at Georgetown Creek, which runs a gentle course through the park. Down the road, Garry E Cavin Park has amenities like a disc golf course, a playground and paved walking paths where kids and adults can burn off energy. The town also has plans to significantly upgrade and expand its parks and trails in the coming years, including an ADA-compliant, accessible playground at Ashley Mariah Memorial Park and a 200-acre regional park beside Novaparke, an up-and-coming research and tech business development in the area.

Indian Creek runs just North of Georgetown for some scenic beauty.
Indian Creek runs just North of Georgetown for some scenic beauty.
Local residents of Georgetown enjoy a game of basketball at Georgetown Park.
Local residents of Georgetown enjoy a game of basketball at Georgetown Park.
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Getting around greater Louisville

Georgetown has no public transportation, so most residents get around by car. Louisville, Kentucky, is 15 miles from Georgetown, and according to local realtor Kara Hinshaw, “traffic is not that bad.” With Interstate 64 right next door as well, getting to the city or hopping on the Shawnee Expressway is no big deal. For those traveling out of state, the Louisville International Airport is just 23 miles southeast on the other side of the city. In the case of a medical emergency, residents can find the closest hospital, Norton Hospital, right in downtown Louisville as well.

Bayley Malo
Written By
Bayley Malo
Jason Jacot
Video By
Jason Jacot

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Georgetown Housing Trends

Housing Trends

Median List Price
$349,900
Median Sale Price
$345,700
Median Single Family Sale Price
$335,000
Median 2 Bedroom Sale Price
$300,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
150
Median Home Sale Price YoY Change
$15
Average Price Per Sq Ft
$171

Neighborhood Facts

Number of Homes for Sale
23
Months of Supply
1.80

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Georgetown Has More Owners

Demographics

Total Population
3,472
Median Age
41
Population under 18
25.6%
On par with the national average
23.8%
Population over 65
17.6%
On par with the national average
19.1%

Finances

Median Household Income
$95,183
Above the national average
$71,702
Average Household Income
$114,768

Education and Workforce

High School Graduates
97.5%
Above the national average
89.1%
College Graduates
31.5%
Advanced Degrees
7.6%
Below the national average
13.3%
% Population in Labor Force
70.5%

Weather

Annual Precipitation
48''
Average Winter Low Temperature
28°F
Average Summer High Temperature
89°F
Annual Snowfall
14''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Georgetown