Quantcast

NW Illinois News

Monday, November 25, 2024

Savanna home prices fall in the third quarter of 2019

Realestate077

The median sale price of a home sold in the third quarter of 2019 in Savanna fell by $5,500 while total sales increased by 22.2%, according to BlockShopper.com.

From July through September of 2019, there were 11 homes sold, with a median sale price of $48,500 - a 10.2% decrease over the $54,000 median sale price for the same period of the previous year. There were nine homes sold in Savanna in the third quarter of 2018.

The median sales tax in Savanna for the most recent year with available data, 2018, was $1,077, approximately 2.2% of the median home sale price for the third quarter of 2019.

The following table compares Savanna to other Carroll County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Chadwick20-$108,500$0-
Mount Carroll9650%$75,000$31,000141.9%
Lanark10742.9%$73,250$58,00026.3%
Milledgeville60-$69,150$0-
Shannon83166.7%$51,500$91,500-43.7%
Savanna11922.2%$48,500$54,000-10.2%
Thomson40-$43,500$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