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Saturday, November 23, 2024

Savanna home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Savanna fell by $8,200 while total sales decreased by 28.6%, according to BlockShopper.com.

In March 2017, there were five homes sold, with a median sale price of $21,500 - a 27.6% decrease over the $29,700 median sale price for the same period of the previous year. There were seven homes sold in Savanna in March 2016.

The median sales tax in Savanna for 2017 was $992. In 2016, the median sales tax was $967. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.6%.

The following table compares Savanna to other Carroll County cities in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Milledgeville110%$102,900$62,50064.6%
Mount Carroll16-83.3%$37,500$28,75030.4%
Lanark14-75%$25,000$78,680.50-68.2%
Savanna57-28.6%$21,500$29,700-27.6%
Thomson00-$0$0-
Chadwick01-100%$0$32,000-100%
Shannon01-100%$0$32,000-100%

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