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Thursday, June 5, 2025

Q3 real estate sales report: Savanna

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Median prices rose in Savanna over last year, and are up 23.1 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 9 homes sold in Savanna for a median price of $54,000. That's 29.1 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, there were no foreclosures in Savanna.

Median property tax for homeowners in Savanna was $1,707.50 in 2017 according to tax data from that year. That means homeowners pay 4.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Savanna real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
13
$43,875
-
2010
15
$51,300
16.9%
2011
13
$52,365
2.1%
2012
15
$54,500
4.1%
2013
13
$28,620
-47.5%
2014
24
$38,425
34.3%
2015
20
$34,450
-10.3%
2016
16
$36,750
6.7%
2017
12
$41,820
13.8%
2018
9
$54,000
29.1%

Median property tax
Median sale price
Effective property tax rate
2009
$460.20
$43,875
1%
2010
$949.59
$51,300
1.9%
2011
$1,294.79
$52,365
2.5%
2012
$1,079.01
$54,500
2%
2013
$1,652.78
$28,620
5.8%
2014
$987.10
$38,425
2.6%
2015
$921.26
$34,450
2.7%
2016
$1,372.82
$36,750
3.7%
2017
$1,707.50
$41,820
4.1%

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