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Sunday, October 26, 2025

Pricing for the median home in Georgetown decreased during the third quarter of 2021

Webp re 10

The median sale price of a home sold in the third quarter of 2021 in Georgetown fell by $18,000 while total sales increased by 40%, according to BlockShopper.com.

From July through September of 2021, there were 14 homes sold, with a median sale price of $45,000 - a 28.6% decrease over the $63,000 median sale price for the same period of the previous year. There were 10 homes sold in Georgetown in the third quarter of 2020.

The median sales tax in Georgetown for the most recent year with available data, 2019, was $1,053, approximately 2.3% of the median home sale price for the third quarter of 2021.

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

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Allerton21100%$80,000$84,900-5.8%
Oakwood47-42.9%$76,500$70,0009.3%
Fithian13-66.7%$75,000$75,0000%
Potomac3250%$75,000$34,500117.4%
Danville1661631.8%$73,500$52,00241.3%
Olivet52150%$65,000$68,442.50-5%
Tilton141216.7%$61,950$41,00051.1%
Hoopeston2829-3.4%$54,500$53,0002.8%
Georgetown141040%$45,000$63,000-28.6%
Ridge Farm4333.3%$43,500$41,5004.8%
Rossville660%$17,750$86,500-79.5%

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