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Tuesday, November 26, 2024

Savanna home prices rise in August 2019

Realestate5

The median sale price of a home sold in August 2019 in Savanna rose by $15,000 while total sales increased by 100%, according to BlockShopper.com.

In August 2019, there were six homes sold, with a median sale price of $48,000 - a 45.5% increase over the $33,000 median sale price for the same period of the previous year. There were three homes sold in Savanna in August 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 August 2019.

The following table compares Savanna to other Carroll County cities in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Milledgeville20-$160,000$0-
Lanark4333.3%$90,000$64,00040.6%
Shannon23-33.3%$67,500$91,500-26.2%
Mount Carroll42100%$64,500$22,550186%
Thomson20-$54,250$0-
Savanna63100%$48,000$33,00045.5%
Chadwick00-$0$0-

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