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Friday, June 20, 2025

Savanna home prices fell in May 2021

Webp re 13

The median sale price of a home sold in May 2021 in Savanna fell by $25,000 while total sales increased by 16.7%, according to BlockShopper.com.

In May 2021, there were seven homes sold, with a median sale price of $45,000 - a 35.7% decrease over the $70,000 median sale price for the same period of the previous year. There were six homes sold in Savanna in May 2020.

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 May 2021.

The following table compares Savanna to other Carroll County cities in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Lanark31200%$129,000$85,00051.8%
Shannon3250%$109,900$40,750169.7%
Milledgeville110%$97,000$50,00094%
Mount Carroll13-66.7%$70,000$89,000-21.3%
Savanna7616.7%$45,000$70,000-35.7%
Thomson02-100%$0$42,500-100%
Chadwick01-100%$0$18,500-100%

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