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Wednesday, May 7, 2025

Georgetown home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Georgetown rose by $12,000 while total sales increased by 33.3%, according to BlockShopper.com.

In December 2017, there were four homes sold, with a median sale price of $67,000 - a 21.8% increase over the $55,000 median sale price for the same period of the previous year. There were three homes sold in Georgetown in December 2016.

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 December 2017.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Oakwood20-$94,500$0-
Georgetown4333.3%$67,000$55,00021.8%
Catlin14-75%$65,000$115,000-43.5%
Tilton14-75%$64,000$60,5005.8%
Westville6450%$63,000$30,000110%
Olivet10-$52,000$0-
Rossville12-50%$50,000$22,750119.8%
Fithian21100%$47,500$52,000-8.7%
Ridge Farm20-$43,500$0-
Henning10-$35,000$0-
Danville343013.3%$32,000$60,000-46.7%

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