diff --git a/CHANGELOG.md b/CHANGELOG.md
index ffcf55b59..90ca79e62 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,12 @@
 
 ## Fixed
 
+## Changed
+
+# v0.24.1
+
+## Fixed
+
 * Fixed sourcemap errors related to TMPL usage. ([#696](https://github.com/algorand/pyteal/pull/696))
 
 ## Changed
diff --git a/setup.py b/setup.py
index 3785cbfd9..3ff516763 100644
--- a/setup.py
+++ b/setup.py
@@ -7,7 +7,7 @@
 
 setuptools.setup(
     name="pyteal",
-    version="0.24.0",
+    version="0.24.1",
     author="Algorand",
     author_email="pypiservice@algorand.com",
     description="Algorand Smart Contracts in Python",