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Saturday, June 21, 2025

Median home prices in Savanna fell to $45,000 in the second half of 2020

Webp realestate1

The median sale price of a home sold in the second half of 2020 in Savanna fell by $2,250 while total sales increased by 9.4%, according to BlockShopper.com.

From July through December of 2020, there were 35 homes sold, with a median sale price of $45,000 - a 4.8% decrease over the $47,250 median sale price for the same period of the previous year. There were 32 homes sold in Savanna in the second half of 2019.

The median sales tax in Savanna for the most recent year with available data, 2019, was $1,095, approximately 2.4% of the median home sale price for the second half of 2020.

The following table compares Savanna to other Carroll County cities in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Thomson9728.6%$89,000$42,750108.2%
Shannon813-38.5%$84,750$40,000111.9%
Lanark1719-10.5%$83,000$85,000-2.4%
Milledgeville1112-8.3%$78,000$65,95018.3%
Chadwick5366.7%$52,500$103,000-49%
Savanna35329.4%$45,000$47,250-4.8%
Mount Carroll231553.3%$34,000$75,000-54.7%

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