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Georgetown IllinoisPhoto: Omnedon · Public domain
Housing in Georgetown

33 homes sold in Georgetown in the last year, at a typical $97K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Georgetown homes are listed.

Homes sold
33
June 2025 to May 2026
Typical sale price
$97K
median, weighted by sales
Price per square foot
$78
Illinois $193
Paid vs. asking
95.9%
27% sold over asking
For sale now
7
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Georgetown’s sales, at a typical $97K

33 homes sold in the year to May 2026.

Houses$97K

typical sale · 33 sold in 12 months

Per square foot
$78IL $180
Days to sell
44
Sold over asking
27%
Listings with a price cut
27%
10 years of sales

About as many homes sell as usual, at twice the 2016 price

33 sales in the last year, against 43 in 2017 and a low of 19 in 2015. The typical sale went from $49K in 2016 to $97K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2015: 19 sold, typical $49K’152016: 24 sold, typical $49K2017: 43 sold, typical $55K’172018: 26 sold, typical $54K2019: 34 sold, typical $61K’192021: 34 sold, typical $78K2022: 37 sold, typical $72K’222023: 41 sold, typical $82K2024: 30 sold, typical $78K’242025: 30 sold, typical $86KLast 12 months: 33 sold, typical $97KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Georgetown

Houseat $78 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Georgetown homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Georgetown are more common than before the pandemic, but a third fewer homes come up for sale

We read every month of Georgetown’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 33 sales.

If you’re buying in Georgetown

  • Shop in August. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • Offer under asking. Buyers paid 95.9% of the list price on average; 27% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 5 a month), but May is the most competitive: 25% of May sales close over asking. January has the least competition (4%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 4% sold over asking, 74 days to sellJFeb: 2 new listings a month, 24% sold over asking, 125 days to sellFMar: 3 new listings a month, 21% sold over asking, 94 days to sellMApr: 3 new listings a month, 11% sold over asking, 89 days to sellAMay: 3 new listings a month, 25% sold over asking, 78 days to sellMJun: 3 new listings a month, 8% sold over asking, 71 days to sellJJul: 3 new listings a month, 16% sold over asking, 65 days to sellJAug: 5 new listings a month, 11% sold over asking, 85 days to sellASep: 3 new listings a month, 12% sold over asking, 137 days to sellSOct: 2 new listings a month, 24% sold over asking, 65 days to sellONov: 3 new listings a month, 6% sold over asking, 132 days to sellNDec: 2 new listings a month, 22% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Georgetown now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price27%10%21%37%
Gone within two weeksShare of homes under contract within 14 days54%1%9%46%
Listings with a price cutShare of homes for sale that cut their price27%——19%
Price paid vs. askingAverage sale price ÷ list price95.9%93.2%96.9%99.2%
Days to sellMedian days from listing to contract441147549
Supply

8 homes for sale on a typical day

That’s 1.4 times the 2024 low (5), 32% fewer than in 2017–19 and well under 2017’s 13.

2015: 7 for sale’152016: 9 for sale2017: 13 for sale2018: 9 for sale’182019: 11 for sale2021: 8 for sale2022: 9 for sale’222023: 5 for sale2024: 5 for sale2025: 6 for sale’25Last 12 months: 8 for saleNow
Room to negotiate

1 in 4 listings has cut its price

27% in the last year, against — in 2017–19 and 19% across Illinois.

2022: 22%’222023: 38%2024: 38%2025: 31%’25Last 12 months: 27%Now

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Georgetown home costs about $644 a month

Mortgage
Property tax
Insurance
Rent

Price: Georgetown’s typical sale, last 12 months. Property tax at Georgetown’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Georgetown is affordable on local pay is on Cost of living.

Before you buy in Georgetown

Six things worth knowing

5

New listings in August

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $97K home, about $1,650 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Georgetown, from test results, graduation and how much students grow.

Schools in Georgetown
28 min

Typical commute

The average one-way trip to work for people who live in Georgetown.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Danville sells for less a square foot; Catlin and St. Joseph for far more

The busier markets within 25 miles of Georgetown, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Danville269$114K$7329%29
St. Joseph46$256K$16539%42
Georgetown33$97K$7827%44
Westville30$126K$9537%56
Tilton28$99K$8025%29
Catlin25$190K$11324%35

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Georgetown, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Georgetown. People who follow the town see it, and so do people comparing Georgetown with their own town. No commission, no listing fee.

Questions about buying a home in Georgetown

What do homes sell for in Georgetown, IL?

33 homes sold in the year to May 2026 at a typical $97K, $78 a square foot.

Is Georgetown a buyer’s or seller’s market?

A buyer’s market: 7 homes were for sale in May 2026 and 1 sold, about 7 months of supply. Buyers paid 95.9% of asking on average, and 27% of listings cut their price.

When is the best time to buy in Georgetown?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Georgetown?

About 1.7% of a home’s value a year. On a $97K home that’s near $1,650.

Where can I see homes for sale in Georgetown?

Zillow, Redfin, Realtor.com and Homes.com all carry Georgetown’s MLS listings; the search links above open each one filtered to Georgetown.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).