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Saturday, June 21, 2025

Home prices decreased in Georgetown during August 2021

Webp realestate4

The median sale price of a home sold in August 2021 in Georgetown fell by $81,500 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2021, there were four homes sold, with a median sale price of $14,000 - a 85.3% decrease over the $95,500 median sale price for the same period of the previous year. There were three homes sold in Georgetown in August 2020.

The median sales tax in Georgetown for the most recent year with available data, 2019, was $1,053, approximately 7.5% of the median home sale price for August 2021.

The following table compares Georgetown to other Vermilion County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Rankin220%$114,000$47,000142.6%
Oakwood220%$88,050$51,75070.1%
Fithian10-$75,000$0-
Potomac10-$75,000$0-
Westville440%$74,250$69,5006.8%
Danville574721.3%$74,000$40,00085%
Olivet10-$65,000$0-
Tilton52150%$61,500$26,250134.3%
Hoopeston69-33.3%$55,000$60,000-8.3%
Ridge Farm10-$30,000$0-
Georgetown4333.3%$14,000$95,500-85.3%

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