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Georgetown home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Georgetown rose by $5,500 while total sales increased by 50%, according to BlockShopper.com.

In July 2019, there were three homes sold, with a median sale price of $34,000 - a 19.3% increase over the $28,500 median sale price for the same period of the previous year. There were two homes sold in Georgetown in July 2018.

The median sales tax in Georgetown for the most recent year with available data, 2018, was $1,049, approximately 3.1% of the median home sale price for July 2019.

The following table compares Georgetown to other Vermilion County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Potomac12-50%$89,500$32,790172.9%
Hoopeston45-20%$79,000$82,500-4.2%
Ridge Farm10-$77,000$0-
Bismarck10-$70,000$0-
Westville35-40%$65,000$37,50073.3%
Fairmount10-$59,000$0-
Sidell110%$53,680$56,000-4.1%
Olivet10-$53,000$0-
Georgetown3250%$34,000$28,50019.3%
Danville2747-42.6%$31,000$51,000-39.2%
Tilton10-$20,000$0-

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