The story of this market
The typical home in ZIP 19947 sells for about $395,000, or $215 per square foot.
Prices are up +1.3% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,383 a month.
ZIP 19947 — Georgetown
The 19947 housing market shows steady growth with a median sale price of $395,000, reflecting a 1.3% year-over-year increase. Inventory remains constrained, supporting stable price appreciation and moderate competition among buyers. The market is driven by local demand and the area's role as a central hub for Sussex County.
This ZIP is well-suited for families and local workers seeking a balance of affordability and community access in a central Delaware location.
Median prices moved up 1.3% year over year.
Homes spend a median of 55 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 11.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 19947, Sussex County DE
Crime rates in Georgetown are generally consistent with regional averages for Sussex County, with law enforcement maintaining two primary locations within the ZIP code.
Schools serving the 19947 area are part of the Indian River School District, which provides a range of public education options for the local community.
The area is subject to standard coastal Delaware climate risks, including potential for wind and flood events, necessitating standard property insurance coverage.
Georgetown serves as the county seat, providing a stable economic base anchored by government services, agriculture, and local retail development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Delaware) — Agricultural Lands Preservation and Farmland Assessment Act Exemption: Qualifying land is valued based on its agricultural use productivity capability rather than fair market value, substantially reducing the taxable assessed baseline. State (Delaware) — Senior School Property Tax Credit and Elderly/Disability Exemption Framework: Provides a partial credit/exemption against property taxes. Under the Senior School Property Tax Credit (14 Del. C. § 1919), qualifying seniors receive a tax credit up to 50% of the school property tax up to a statutory dollar cap (e.g., $500 max). At the county level (e.g. State (Delaware) — County Assessment Ratio and Ad Valorem Property Taxation Structure: Delaware levies property taxes at county, municipal, and school district levels (the state itself levies no state-level property tax).
Residents primarily rely on personal vehicles for commuting, with major routes providing access to employment hubs throughout Sussex County.
The area features local parks and community spaces, with proximity to regional shopping and dining districts in the heart of Georgetown.
The rental market is characterized by moderate demand, with a mix of single-family homes and apartment units serving the local workforce.
The local economy is driven by government administration, agriculture, and healthcare services, providing a stable employment foundation.
Transportation infrastructure is centered on highway access, facilitating regional travel throughout the Delmarva Peninsula.
Development is focused on infill projects and expanding residential capacity to meet the needs of a growing population.
Sussex County utilizes a periodic assessment system to determine property values for tax purposes.
Parcels are subject to local school district taxes and county-level service assessments.
Property insurance premiums are influenced by regional hazard exposure, with standard coverage widely available.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Funland4.618.3 mi
- Jungle Jim's4.516.8 mi
- Shell We Bounce Trampoline Park4.413.3 mi
- Altitude Trampoline Park - Delmar4.417.6 mi
- White Water Mountain4.215.4 mi
- Cape Henlopen State Park4.818.3 mi
- Harrington Raceway & Casino4.218.8 mi
- Delaware State Fair4.318.4 mi
- Trap Pond State Park4.710.7 mi
- Schellville Village4.616.5 mi
- Sports at the Beach3.63.7 mi
- Delaware Botanic Gardens at Pepper Creek4.812.6 mi
- Millsboro Lanes4.48.9 mi
- Redden State Forest4.44.9 mi
- Cupola Park4.38.4 mi
- The Brush Factory on Kings4.615.6 mi
- Fort Miles Historical Area4.718.8 mi
- Indian River Life-Saving Station Museum4.718.7 mi
- Zwaanendael Museum4.516.3 mi
- Nanticoke Indian Museum4.711.9 mi
- Trap Pond State Park4.710.7 mi
- Sports at the Beach3.63.7 mi
- Delaware Botanic Gardens at Pepper Creek4.812.6 mi
- Redden State Forest4.44.9 mi
- Cupola Park4.38.4 mi
- Indian River Marina4.718.8 mi
- Lewes Yacht Club4.615.9 mi
- West Bay4.614.8 mi
- Rehoboth Bay Marina4.718.2 mi
- The Climate Experts of Delmarva4.919.1 mi
- Plantation Lakes Golf & Country Club4.57.7 mi
- The Rookery Golf Course4.312.1 mi
- Baywood Greens Golf Course and Clubhouse4.712.2 mi
- Hooper's Landing Golf Course4.312 mi
- Baywood Green Driving Range4.612.3 mi
- Harris Teeter4.412.1 mi
- Route 13 Market4.111.5 mi
- Laurel Junction Flea Market4.110.7 mi
- Antique Alley of Bridgeville LLC4.710.8 mi
- Dutch Country Market4.611.4 mi
- Salisbury Regional Airport4.323.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central hub for local businesses and services.
Historic anchor for the county seat.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.