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Friday, June 20, 2025

Home prices increased in Georgetown during the fourth quarter of 2021

Webp re 11

The median sale price of a home sold in the fourth quarter of 2021 in Georgetown rose by $26,450 while total sales increased by 66.7%, according to BlockShopper.com.

From October through December of 2021, there were 20 homes sold, with a median sale price of $62,450 - a 73.5% increase over the $36,000 median sale price for the same period of the previous year. There were 12 homes sold in Georgetown in the fourth quarter of 2020.

The median sales tax in Georgetown for the most recent year with available data, 2019, was $1,053, approximately 1.7% of the median home sale price for the fourth quarter of 2021.

The following table compares Georgetown to other Vermilion County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Fithian31200%$85,000$113,900-25.4%
Olivet20-$67,500$0-
Westville189100%$66,250$55,00020.5%
Danville117125-6.4%$64,192$45,00042.6%
Hoopeston1927-29.6%$62,500$42,00048.8%
Georgetown201266.7%$62,450$36,00073.5%
Bismarck3250%$60,000$134,500-55.4%
Henning12-50%$46,000$40,00015%
Fairmount10-$45,000$0-
Rossville1011-9.1%$43,950$60,000-26.8%
Tilton13128.3%$43,000$53,875-20.2%

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