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Saturday, June 21, 2025

Savanna home prices rise in May 2020

Webp re 12

The median sale price of a home sold in May 2020 in Savanna rose by $42,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In May 2020, there were six homes sold, with a median sale price of $70,000 - a 150% increase over the $28,000 median sale price for the same period of the previous year. There were nine homes sold in Savanna in May 2019.

The median sales tax in Savanna for the most recent year with available data, 2018, was $1,077, approximately 1.5% of the median home sale price for May 2020.

The following table compares Savanna to other Carroll County cities in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Mount Carroll31200%$89,000$25,000256%
Lanark14-75%$85,000$61,00039.3%
Savanna69-33.3%$70,000$28,000150%
Milledgeville12-50%$50,000$59,000-15.3%
Thomson220%$42,500$64,000-33.6%
Shannon20-$40,750$0-
Chadwick110%$18,500$8,670113.4%

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