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Thursday, June 5, 2025

Savanna home prices rise in the fourth quarter of 2018

Realestate3

The median sale price of a home sold in the fourth quarter of 2018 in Savanna rose by $500 while total sales increased by 33.3%, according to BlockShopper.com.

From October through December of 2018, there were 20 homes sold, with a median sale price of $35,500 - a 1.4% increase over the $35,000 median sale price for the same period of the previous year. There were 15 homes sold in Savanna in the fourth quarter of 2017.

The median sales tax in Savanna for the most recent year with available data, 2017, was $992.30, approximately 2.8% of the median home sale price for the fourth quarter of 2018.

The following table compares Savanna to other Carroll County cities in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Thomson23-33.3%$107,000$95,00012.6%
Mount Carroll79-22.2%$83,775$79,0006%
Milledgeville330%$70,000$72,000-2.8%
Shannon154275%$60,000$84,000-28.6%
Chadwick15-80%$45,000$42,0007.1%
Savanna201533.3%$35,500$35,0001.4%
Lanark147100%$16,000$69,000-76.8%

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