Quantcast

NW Illinois News

Saturday, June 21, 2025

Savanna home prices fall in August 2020

Webp re 9

The median sale price of a home sold in August 2020 in Savanna fell by $36,000 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2020, there were eight homes sold, with a median sale price of $12,000 - a 75% decrease over the $48,000 median sale price for the same period of the previous year. There were six homes sold in Savanna in August 2019.

The median sales tax in Savanna for the most recent year with available data, 2019, was $1,095, approximately 9.1% of the median home sale price for August 2020.

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

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Milledgeville220%$96,500$160,000-39.7%
Thomson3250%$95,000$54,25075.1%
Lanark440%$87,750$90,000-2.5%
Chadwick20-$47,500$0-
Savanna8633.3%$12,000$48,000-75%
Mount Carroll14-75%$8,500$64,500-86.8%
Shannon02-100%$0$67,500-100%

MORE NEWS