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Wednesday, May 8, 2024

Georgetown home prices rise in June 2018

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The median sale price of a home sold in June 2018 in Georgetown rose by $53,781 while total sales decreased by 20%, according to BlockShopper.com.

In June 2018, there were four homes sold, with a median sale price of $65,000 - a 479.4% increase over the $11,219 median sale price for the same period of the previous year. There were five homes sold in Georgetown in June 2017.

The median sales tax in Georgetown for the most recent year with available data, 2016, was $987, approximately 1.5% of the median home sale price for June 2018.

The following table compares Georgetown to other Vermilion County cities in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Catlin24-50%$188,000$99,50088.9%
Rossville41300%$67,950$20,500231.5%
Georgetown45-20%$65,000$11,219479.4%
Westville72250%$64,900$58,50010.9%
Henning110%$50,000$40,00025%
Danville423713.5%$49,300$51,000-3.3%
Belgium30-$45,500$0-
Tilton770%$42,000$25,00068%
Hoopeston144250%$41,450$42,000-1.3%
Potomac10-$32,000$0-
Rankin10-$12,064$0-
Oakwood02-100%$0$94,500-100%
Olivet02-100%$0$76,000-100%
Sidell01-100%$0$53,500-100%
Fithian01-100%$0$90,000-100%
Bismarck00-$0$0-
Fairmount01-100%$0$10,000-100%
Ridge Farm00-$0$0-
Allerton00-$0$0-

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