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Monday, June 23, 2025

Savanna home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Savanna rose by $12,500 while total sales increased by 25%, according to BlockShopper.com.

In May 2018, there were five homes sold, with a median sale price of $60,000 - a 26.3% increase over the $47,500 median sale price for the same period of the previous year. There were four homes sold in Savanna in May 2017.

The median sales tax in Savanna for the most recent year with available data, 2017, was $992, approximately 1.7% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Shannon13-66.7%$238,000$105,000126.7%
Milledgeville110%$82,500$39,000111.5%
Chadwick110%$70,000$9,000677.8%
Mount Carroll4333.3%$68,400$15,500341.3%
Savanna5425%$60,000$47,50026.3%
Thomson110%$47,000$40,00017.5%
Lanark02-100%$0$24,750.50-100%

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