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Featured local agent — Georgetown, IL
Sarah Mitchell
Compass Real Estate · Georgetown, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Georgetown, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$87,900median sale price
How is the Georgetown, IL housing market right now?
The median home sale price in Georgetown, IL is $87,900, down 8.9% year-over-year. Homes sell in an average of 4 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Georgetown a buyer's or seller's market?
Georgetown, IL is currently a strong seller's market, based on 3.0 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
4
Fast-moving
Active listings
3
3.0 months supply
Sale-to-list
110.0%
Above asking
What does the Georgetown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $87,900 |
| Median list price | $102,500 |
| Year-over-year price change | -8.9% |
| Average days on market | 4 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 110.0% |
| Median price per sq ft | $59/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Georgetown by property type?
How the Georgetown, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $58,900 | $42/sq ft | 1 | 41 days |
| Townhouse | $115,000 | $65/sq ft | 1 | 98 days |
Source: Redfin · Updated monthly
The Georgetown housing market is currently classified as a strong seller's market with a median sale price of $87,900. Prices have fallen 8.9% compared to last year, with homes spending an average of 4 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 1.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Georgetown
There are currently 3 homes listed for sale in Georgetown, Illinois. The median listing price is $103K.
Active listings
3
Homes on market
Median list price
$103K
Avg. days on market
4
Days until sale
New this week
2
Newly listed
Who lives in Georgetown?
Population
3,105
Median income
$56,781/yr
Median age
41.3 years
Owner-occupied
72.7%
College grads
14.8%
Avg commute
28 min
Source: U.S. Census Bureau ACS
What are homes worth in Georgetown?
Zillow home value
$104,213
Price-to-income
1.8x
Source: Zillow Research
What is it like to live in Georgetown?
Georgetown is a community of approximately 3K residents with a median age of 41.3 years.The median household income is $56,781, which represents a working-class community with solid middle-income opportunities. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 28 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Georgetown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Georgetown?
3 schools tracked · 850 students
The largest public schools serving Georgetown, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Pine Crest Elementary School
Grades PK-5 · 407 students
Georgetown-Ridge Farm High School
Grades 9-12 · 240 students
Mary Miller Junior High School
Grades 6-8 · 203 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Georgetown, IL?
Want a head-to-head view? Compare Georgetown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Georgetown?
The median home sale price in Georgetown is $87,900, down 8.9% from last year.
How long do homes stay on market in Georgetown?
Homes typically spend 4 days on market before going under contract.
What is the median income in Georgetown?
The median household income is $56,781 per year.
Is Georgetown a buyer's or seller's market?
With 3.0 months of supply, Georgetown is currently a strong seller's market.
What is the Zillow home value estimate for Georgetown?
The Zillow Home Value Index (ZHVI) for Georgetown is $104,213, representing the typical home value in the area.
What is the median condo price in Georgetown?
The median condo/co-op sale price in Georgetown, IL is $58,900, based on the latest Redfin data.
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