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Monday, November 25, 2024

Savanna home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Savanna rose by $13,750 while total sales decreased by 40%, according to BlockShopper.com.

In March 2018, there were three homes sold, with a median sale price of $35,250 - a 64% increase over the $21,500 median sale price for the same period of the previous year. There were five homes sold in Savanna in March 2017.

The median sales tax in Savanna for the most recent year with available data, 2017, was $992, approximately 2.8% of the median home sale price for March 2018.

The following table compares Savanna to other Carroll County cities in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Lanark110%$110,000$25,000340%
Chadwick10-$76,500$0-
Shannon10-$57,500$0-
Mount Carroll21100%$35,500$37,500-5.3%
Savanna35-40%$35,250$21,50064%
Thomson00-$0$0-
Milledgeville01-100%$0$102,900-100%

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