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Friday, June 20, 2025

Georgetown home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Georgetown rose by $33,514 while total sales increased by 80%, according to BlockShopper.com.

In August 2017, there were nine homes sold, with a median sale price of $54,000 - a 163.6% increase over the $20,486 median sale price for the same period of the previous year. There were five homes sold in Georgetown in August 2016.

The median sales tax in Georgetown for the most recent year with available data, 2016, was $987, approximately 1.8% of the median home sale price for August 2017.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Catlin23-33.3%$91,000$84,0008.3%
Bismarck10-$89,100$0-
Westville102400%$70,500$122,000-42.2%
Sidell20-$67,500$0-
Hoopeston67-14.3%$57,500$12,600356.3%
Georgetown9580%$54,000$20,486163.6%
Danville513737.8%$49,500$38,00030.3%
Tilton8560%$42,500$65,000-34.6%
Ridge Farm12-50%$39,000$15,000160%
Potomac10-$35,000$0-
Fairmount12-50%$31,000$74,750-58.5%

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