Commercial Real Estate Market in Georgetown, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 185 off-market properties in Georgetown, IN.
Market Trends
Georgetown, IN spans 35.3 square miles in Floyd County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Georgetown, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Georgetown, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Georgetown, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Georgetown, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 76.4%
- Commercial 9.1%
- Industrial 8.9%
- Agricultural 5.7%
Largest Zones share of zoned land by district
Residence Districts
Light Industrial
Highway Service
Agricultural
Local Business
Georgetown, IN zones 1,195 acres across 6 districts. Commercial zoning covers 9.1% of zoned land, residential 76.4% and industrial 8.9%. The largest single district is Residence Districts at 76.4%. For commercial buyers the practical constraint is that only 17.9% of land carries a commercial or industrial designation.
Light Industrial (M-1)
The purpose of M-1 zone is to provide for industries that do not cause conditions that would be objectionable to neighboring properties
Market overview
Demographics & Economy
Georgetown, IN has 11,185 residents in 4,242 households. Density runs 317 people per square mile. Median household income here is $106,034 and median gross rent $902 a month.
11,185
Population
4,242
Households
2.6
Avg Household Size
41
Median Age
37%
College-Educated
95%
High-School Grad
35.3 sq mi
ZIP Area
317
Density / Sq Mi
$106,034
Median Household Income
$55,612
Median Earnings
$902
Median Rent
$268,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lanesville | — | — |
| Galena | — | — |
| Crandall | — | — |
| Mount Saint Francis | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Georgetown?
Georgetown, IN zones 1,195 acres across 6 districts, of which 9.1% is commercial and 8.9% industrial. The largest single district is Residence Districts at 76.4% of zoned land. Residential zoning covers 76.4% and open space 0%.
Where does Realmo's Georgetown market data come from?
Realmo compiles Georgetown, IN figures from 7 active sale listings, 1 active lease listings, 185 tracked off-market properties, the current Georgetown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 1 active for-lease listings in Georgetown, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,195 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
