Georgetown's typical home value hit a record $1,515,129 in August 2026 on Zillow's index, up 3.57% in a year while DC's fell 1.05%. Don't judge the market by one month: reported sales swung from 32 in July to 6 in September, with averages from about $3.0 million down to $1.55 million. Read Zillow's index and a rolling quarter instead (52 sales, about $2.09 million average for July to September 2026).
You're pricing a Georgetown purchase or sale and need to know which numbers to trust.
Georgetown housing market: the numbers
Zillow's typical Georgetown home value was $1,515,129 in August 2026, up 3.6% on a year earlier, while the typical value across Washington, DC was $570,082 (−1.1%). Across the Washington metro, homes for sale are 9.5% higher than a year earlier.
| Neighborhood | Typical value | Past year | 5 years |
|---|---|---|---|
| Spring Valley | $1,996,401 | +3.4% | +17.7% |
| Burleith | $1,582,587 | +3.5% | +14.7% |
| Georgetown | $1,515,129 | +3.6% | +8.7% |
| Kalorama | $1,380,095 | +3.6% | +0.6% |
| Chevy ChaseChevy Chase, DC | $1,344,975 | +1.4% | +8.4% |
| Foxhall | $1,324,355 | +4.0% | +17.0% |
| Logan Circle | $565,764 | +0.7% | −4.3% |
| Washington, DCCitywide | $570,082 | −1.1% | −10.2% |
Zillow Home Value Index for each neighborhood (Zillow's boundaries), August 2026. A typical value is the middle of the market, not its top. Metro figures (Zillow, July 2026) cover the whole Washington metro, all price points.
Ten years of Georgetown home values
What Georgetown's prices are doing
Georgetown sells so few homes that a single month tells you almost nothing. The Georgetowner counted 32 closed sales in July 2026 and 6 in September, and the monthly average price swung from about $3.0 million to about $1.55 million along the way. To read this market, use two smoother measures: Zillow's typical home value, and a rolling three-month total of sales.
On the first, the direction is clear. Zillow's typical value for its Georgetown area reached $1,515,129 in August 2026, the highest in its records, up 3.57% in a year, 8.71% in five years and 35.58% in ten. Over the same year DC's typical value fell 1.05%. For the citywide numbers, see our DC housing market page; this page stays inside Georgetown.
| Zillow typical home value, August 2026 | Value | 1 year | 5 years | 10 years |
|---|---|---|---|---|
| Georgetown area | $1,515,129 | +3.57% | +8.71% | +35.58% |
| ZIP 20007 | $1,264,105 | +2.77% | +9.04% | +35.64% |
| Washington, DC | $570,082 | -1.05% | -10.17% | +13.11% |
The 2022-2024 dip was small
When mortgage rates jumped, Georgetown's typical value slid from $1,468,737 in June 2022 to $1,407,499 in March 2024, about 4.2%. It then rose about 7.6% to today's record. DC peaked the same month, June 2022, at $653,518 and is still about 13% below it. If you bought a Georgetown house at the 2022 top, you're above water on Zillow's index; the typical DC buyer from that month isn't.
The last year sped up at the end
Most months of the past year added a few thousand dollars to the index. The two largest gains came in November 2025 (about $10,900) and August 2026 (about $12,200). One month doesn't make a trend, but the index is smoothed and seasonally adjusted, so a jump of that size is worth watching in the September and October readings.
Why one month of Georgetown sales misleads
The Georgetowner's monthly Realty Review lists Georgetown's closed sales. Here are the last three months it reported, as totals only.
| Month (2026) | Sales | Total volume | Average price | Top sale | Lowest sale |
|---|---|---|---|---|---|
| July | 32 | $57.8 million | about $1.81 million | $6,050,000 | not reported here |
| August | 14 | $41.7 million | $2,975,465 | $7,700,000 | $750,000 (condo) |
| September | 6 | $9.3 million | $1,553,333 | $2,375,000 | $850,000 (condo) |
| Quarter | 52 | $108.8 million | about $2.09 million | $7,700,000 | $750,000 |
July 2026: 32 sales
July was the busy month: 32 closings, an average of 33 days from listing, and 10 homes closed exactly at their asking price. The July average of about $1.81 million is our arithmetic from the paper's totals. Closings trail contracts by weeks, so July mostly records deals struck in late spring.
August 2026: 14 sales, a $3 million average
August had fewer than half as many closings, but the average jumped to $2,975,465 because the $7.7 million top sale and a few other large houses made up a bigger share of a small month. Nothing about Georgetown's typical house changed between July and August.
September 2026: 6 sales
Six sales, $9.3 million in total and a $1,553,333 average. Read that as a slow month for closings, not a price drop: Zillow's index was still at a record in August.
Work out a rolling quarter yourself
Add the volume for three months and divide by the number of sales: $108.8 million over 52 sales is about $2.09 million for July to September 2026. Do the same for the next quarter when it's published, and compare both with Zillow's typical value. The quarter still mixes $750,000 condos with $7 million houses, so for pricing a specific house, filter for its type.
Zillow's index versus Georgetown's closed sales
Which boundary: Georgetown area or ZIP 20007
Zillow publishes a figure for its Georgetown neighborhood and another for ZIP 20007. The ZIP's $1,264,105 is about 17% lower because it covers more than the historic core. For the old town, use the Georgetown area figure, and say which boundary you used whenever you quote a number.
Why reported averages run above Zillow's figure
Zillow's index tracks the typical value of homes in the middle of the market, smoothed over time. A monthly average of closed sales is pulled up by the few large houses that close. That's why the quarter's $2.09 million average sits well above the $1,515,129 index. Neither is wrong; they answer different questions.
How fast homes sell around Washington
Zillow doesn't publish sale-speed figures for Georgetown on its own, so these are for the Washington metro, which includes the Maryland and Virginia suburbs. Use them for direction, not as Georgetown's numbers.
| Washington metro measure | Latest | A year earlier |
|---|---|---|
| Typical days to pending | 35 | 32 |
| Sale-to-list ratio | 100.1% | n/a |
| Listings with a price cut | 28% | n/a |
| Homes for sale | 19,259 | 17,595 |
Days to pending
Homes across the metro took 35 days to go under contract, three days longer than a year ago. Georgetown's July closings averaged 33 days from listing in the Georgetowner's count, close to that pace.
Price cuts and sale-to-list
About 28% of metro listings had a price cut, and homes sold at about 100.1% of list on average. A seller who prices right still gets list price; one who overreaches is likely to join the share that cuts. If you're preparing to list, our guide to selling a Georgetown home covers pricing and paperwork.
Inventory and mortgage rates
Metro inventory rose about 9.5% in a year, to 19,259 homes. Freddie Mac's 30-year fixed average was 7.28% for the week of October 1, 2026. More choice and expensive money usually slow a market; Georgetown's index kept rising through both.
What has the most expensive Georgetown home sold for?
Halcyon House, a historic Georgetown mansion of about 30,000 square feet, was reported in January 2026 to have sold for $28 million, which the Wall Street Journal called the highest price ever paid for a DC home; the closing date wasn't confirmed in the report. The prior record was a $25 million sale in Foxhall in 2024. Within the last quarter, the top reported Georgetown sale was $7,700,000.
Record sales make headlines, but they say nothing about what a typical house is worth. Use them as a ceiling, never as a comparable.
Georgetown against nearby neighborhoods
The houses-versus-condos split runs through all of Northwest Washington. Neighborhoods made mostly of houses rose in the year to August 2026; condo-heavy ones fell.
| Zillow area | Typical value, Aug 2026 | 1 year | 5 years |
|---|---|---|---|
| Spring Valley | $1,996,401 | +3.38% | +17.68% |
| Burleith | $1,582,587 | +3.47% | +14.66% |
| Georgetown | $1,515,129 | +3.57% | +8.71% |
| Kalorama | $1,380,095 | +3.65% | +0.63% |
| Foxhall | $1,324,355 | +3.96% | +17.02% |
| Glover Park | $550,644 | +0.26% | -0.93% |
| West End | $636,434 | -2.01% | -5.67% |
| Foggy Bottom | $404,570 | -4.08% | -11.84% |
Burleith, just north of Reservoir Road, sits above Georgetown on Zillow's typical value and has gained more over five years; our guide to Georgetown's villages and Burleith explains why. To the east, condo-heavy Foggy Bottom and the West End lost ground. For the wider ranking, see DC's luxury neighborhoods compared.
Is it a good time to buy or sell in Georgetown?
We don't forecast prices, and no published forecast for Georgetown was used here. What the data shows: Georgetown's index is at a record and rose through two years of high rates, while metro inventory is up and homes take a little longer to sell. That favors buyers on time and choice more than on price.
Three questions settle it for you. Will you hold the house long enough that a small dip like 2022-2024 wouldn't matter? Does your loan fit under DC's 2026 conforming limit of $1,249,125, or are you paying jumbo rates? And are you comparing the house to sales of its own type over at least a quarter? For what each house type costs, start with Georgetown homes for sale and what they cost; I can pull the last two quarters of sales for your street.
Common questions
What is the average home price in Georgetown, DC?
Zillow's typical home value for its Georgetown area was $1,515,129 in August 2026, a record. Reported closed sales average higher: the Georgetowner counted 52 sales worth $108.8 million from July through September 2026, about $2.09 million each, because a few large houses lift the average. Monthly averages ranged from about $1.55 million to about $3.0 million.
Are Georgetown home prices going up or down?
Up. Zillow's typical Georgetown value rose 3.57% in the year to August 2026, to a record $1,515,129, and 35.58% over ten years. That runs against the District as a whole, where the typical value fell 1.05% in the same year and sits about 13% below its June 2022 peak.
How fast do homes sell in Georgetown, DC?
Georgetown's 32 closed sales in July 2026 averaged 33 days from listing, according to the Georgetowner. Zillow doesn't publish Georgetown-only speed figures; across the Washington metro, homes took 35 days to go pending in its latest data, up from 32 a year earlier, and about 28% of listings had a price cut.
How many homes sell in Georgetown each month?
It varies widely. The Georgetowner reported 32 Georgetown sales in July 2026, 14 in August and 6 in September, for 52 in the quarter. Because counts swing that much, a single month's average price is unreliable. Use a rolling three-month total and Zillow's smoothed typical value instead.
Is Georgetown real estate a good investment?
No one can promise future gains. The record shows Zillow's typical Georgetown value rose 35.58% over ten years to August 2026, against 13.11% for DC, and fell only about 4.2% between June 2022 and March 2024 before reaching new highs. Weigh that against carrying costs: DC property tax, insurance on an old house and jumbo financing.
What is the most expensive home ever sold in DC?
Halcyon House, a historic Georgetown mansion of about 30,000 square feet, was reported in January 2026 to have sold for $28 million, called the highest price ever paid for a DC home in Wall Street Journal reporting. The previous record cited was a $25 million sale in Foxhall in 2024. The closing date was not confirmed in that report.
Sources
- Zillow Research: Zillow Home Value Index and metro market data (August 2026)
- Freddie Mac: Primary Mortgage Market Survey
- The Georgetowner: July 2026 sales
- The Georgetowner: August 2026 sales
- The Georgetowner: September 2026 sales
- Technical.ly: Halcyon mansion sale (2026)
- FHFA: 2026 full county loan limit list
Reviewed by Daryl Judy
Daryl reviewed this page for accuracy on October 13, 2026. Figures come from the sources listed above. Our research process.
Daryl Judy is a luxury real estate agent in Georgetown, Washington, DC, and an Associate Broker with Washington Fine Properties: a Realtor since 2006, ranked #2 in the District by sales volume (RealTrends Verified, 2025), with more than $1.2 billion in career sales by his own count.
- $1.2B+Career sales across more than 900 transactions, as reported by Daryl
- #2DC agent by sales volume, RealTrends Verified, 2025
- $1.93MAverage sale price in 2025, RealTrends Verified
- $6.25MHighest DC sale on record, Berkley (Georgetown ZIP 20007), 2026
- RealTrends Verified: #2 in Washington, DC by sales volume, 2025 sales data ($77.19M, 40 sides)
- Washington Fine Properties: 360 sales of $1M or more on record ($670.2M), 40 of them in Georgetown ZIP 20007
- Washingtonian: Best Real Estate Agents: 100 Best Agents, Elite Producers Platinum
Associate Broker, Washington Fine Properties, 1604 14th St NW, Washington, DC 20009. Office (202) 930-6868. District of Columbia license BR 699875. General information, not legal, tax or lending advice.
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