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Saturday, April 19, 2025

How did home prices perform in Georgetown during 2021?

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The median sale price of a home sold in 2021 in Georgetown rose by $12,250 while total sales increased by 52.6%, according to BlockShopper.com.

From January through December of 2021, there were 58 homes sold, with a median sale price of $50,000 - a 32.4% increase over the $37,751 median sale price for the previous year. There were 38 homes sold in Georgetown in 2020.

The median sales tax in Georgetown for the most recent year with available data, 2019, was $1,053, approximately 2.1% of the median home sale price for 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Danville56450112.6%$60,872.50$45,00035.3%
Tilton544228.6%$56,750$44,00029%
Olivet123300%$51,950$42,00023.7%
Rossville322814.3%$50,000$52,400-4.6%
Rankin171421.4%$50,000$19,500156.4%
Georgetown583852.6%$50,000$37,750.5032.4%
Belgium84100%$48,000$33,50043.3%
Hoopeston100928.7%$46,000$42,0009.5%
Fairmount10911.1%$45,000$44,0002.3%
Ridge Farm911-18.2%$38,000$41,500-8.4%
Allerton7540%$30,001$84,900-64.7%

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