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Sunday, November 24, 2024

Georgetown home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Georgetown rose by $6,750 while total sales increased by 14.3%, according to BlockShopper.com.

In July 2017, there were eight homes sold, with a median sale price of $41,750 - a 19.3% increase over the $35,000 median sale price for the same period of the previous year. There were seven homes sold in Georgetown in July 2016.

The median sales tax in Georgetown for the most recent year with available data, 2016, was $987, approximately 2.4% of the median home sale price for July 2017.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Catlin5425%$127,000$108,45017.1%
Bismarck20-$108,250$0-
Oakwood110%$102,500$25,000310%
Fithian10-$67,500$0-
Rossville110%$45,000$25,00080%
Georgetown8714.3%$41,750$35,00019.3%
Danville40400%$40,225$40,0000.6%
Hoopeston79-22.2%$35,000$47,000-25.5%
Westville67-14.3%$28,750$85,000-66.2%
Tilton330%$18,000$35,000-48.6%
Rankin30-$15,000$0-

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