From July through December of 2018, there were 17 homes sold, with a median sale price of $27,000 - a 41.9% decrease over the $46,500 median sale price for the same period of the previous year. There were 37 homes sold in Georgetown in the second half of 2017.
The median sales tax in Georgetown for the most recent year with available data, 2016, was $987, approximately 3.7% of the median home sale price for the second half of 2018.
The following table compares Georgetown to other Vermilion County cities with similar median sales prices in the second half of 2018:
| City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Tilton | 9 | 22 | -59.1% | $57,400 | $46,600 | 23.2% |
| Henning | 1 | 2 | -50% | $43,000 | $67,500 | -36.3% |
| Hoopeston | 47 | 38 | 23.7% | $40,880 | $47,000 | -13% |
| Danville | 253 | 231 | 9.5% | $38,500 | $42,000 | -8.3% |
| Allerton | 3 | 2 | 50% | $34,900 | $112,750 | -69% |
| Rankin | 3 | 9 | -66.7% | $34,000 | $16,000 | 112.5% |
| Rossville | 12 | 9 | 33.3% | $30,500 | $90,000 | -66.1% |
| Potomac | 9 | 6 | 50% | $30,000 | $29,500 | 1.7% |
| Sidell | 5 | 5 | 0% | $29,000 | $68,500 | -57.7% |
| Georgetown | 17 | 37 | -54.1% | $27,000 | $46,500 | -41.9% |
| Olivet | 2 | 4 | -50% | $17,500 | $79,000 | -77.8% |
Alerts Sign-up