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Friday, June 6, 2025

Rising home prices in Savanna in the fourth quarter of 2021

Webp re 5

The median sale price of a home sold in the fourth quarter of 2021 in Savanna rose by $19,500 while total sales increased by 33.3%, according to BlockShopper.com.

From October through December of 2021, there were 24 homes sold, with a median sale price of $69,000 - a 39.4% increase over the $49,500 median sale price for the same period of the previous year. There were 18 homes sold in Savanna in the fourth quarter of 2020.

The median sales tax in Savanna for the most recent year with available data, 2019, was $1,095, approximately 1.6% of the median home sale price for the fourth quarter of 2021.

The following table compares Savanna to other Carroll County cities in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Shannon56-16.7%$154,000$79,25094.3%
Thomson24-50%$133,000$64,250107%
Lanark12850%$87,250$68,75026.9%
Milledgeville59-44.4%$75,000$77,500-3.2%
Savanna241833.3%$69,000$49,50039.4%
Mount Carroll141216.7%$66,750$34,00096.3%
Chadwick31200%$50,000$56,250-11.1%

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