Quantcast

NW Illinois News

Monday, December 23, 2024

Savanna home prices rise in October 2017

Re 5

The median sale price of a home sold in October 2017 in Savanna rose by $17,500 while total sales increased by 250%, according to BlockShopper.com.

In October 2017, there were seven homes sold, with a median sale price of $27,500 - a 175% increase over the $10,000 median sale price for the same period of the previous year. There were two homes sold in Savanna in October 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 3.6%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Milledgeville220%$56,000$120,000-53.3%
Lanark20-$55,000$0-
Thomson10-$53,000$0-
Chadwick20-$35,500$0-
Savanna72250%$27,500$10,000175%
Mount Carroll00-$0$0-
Shannon00-$0$0-

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS