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Georgetown home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Georgetown rose by $7,650 while total sales decreased by 50%, according to BlockShopper.com.

In February 2020, there were two homes sold, with a median sale price of $21,900 - a 53.7% increase over the $14,250 median sale price for the same period of the previous year. There were four homes sold in Georgetown in February 2019.

The median sales tax in Georgetown for the most recent year with available data, 2018, was $1,049, approximately 4.8% of the median home sale price for February 2020.

The following table compares Georgetown to other Vermilion County cities in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Catlin12-50%$110,000$123,500-10.9%
Ridge Farm110%$71,000$40,00077.5%
Rossville20-$60,250$0-
Danville2124-12.5%$35,000$28,00025%
Georgetown24-50%$21,900$14,25053.7%
Hoopeston45-20%$17,000$10,00070%
Sidell10-$4,400$0-
Westville02-100%$0$75,500-100%
Tilton01-100%$0$12,000-100%
Belgium02-100%$0$14,500-100%
Fithian01-100%$0$90,000-100%
Bismarck00-$0$0-
Potomac00-$0$0-
Fairmount00-$0$0-
Allerton00-$0$0-
Oakwood01-100%$0$25,550-100%
Olivet01-100%$0$112,000-100%
Henning00-$0$0-
Rankin00-$0$0-

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