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Saturday, November 23, 2024

Georgetown home prices fall in June 2017

Realestate1

The median sale price of a home sold in June 2017 in Georgetown fell by $5,281 while total sales increased by 66.7%, according to BlockShopper.com.

In June 2017, there were five homes sold, with a median sale price of $11,219 - a 32% decrease over the $16,500 median sale price for the same period of the previous year. There were three homes sold in Georgetown in June 2016.

The median sales tax in Georgetown for the most recent year with available data, 2016, was $987, approximately 8.8% of the median home sale price for June 2017.

The following table compares Georgetown to other Vermilion County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Fithian10-$90,000$0-
Olivet20-$76,000$0-
Westville23-33.3%$58,500$68,000-14%
Sidell10-$53,500$0-
Danville3748-22.9%$51,000$53,250-4.2%
Hoopeston46-33.3%$42,000$44,750-6.1%
Henning10-$40,000$0-
Tilton7616.7%$25,000$75,500-66.9%
Rossville13-66.7%$20,500$38,000-46.1%
Georgetown5366.7%$11,219$16,500-32%
Fairmount110%$10,000$5,000100%

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