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Monday, November 25, 2024

Savanna home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Savanna rose by $9,500 while total sales decreased by 12.5%, according to BlockShopper.com.

In June 2019, there were seven homes sold, with a median sale price of $40,000 - a 31.1% increase over the $30,500 median sale price for the same period of the previous year. There were eight homes sold in Savanna in June 2018.

The median sales tax in Savanna for the most recent year with available data, 2018, was $1,077, approximately 2.7% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Shannon21100%$81,500$61,90031.7%
Chadwick20-$55,250$0-
Mount Carroll23-33.3%$48,000$60,000-20%
Savanna78-12.5%$40,000$30,50031.1%
Lanark220%$36,500$83,250-56.2%
Thomson00-$0$0-
Milledgeville02-100%$0$77,000-100%

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