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Q1 real estate sales report: Savoy
From January to March, 25 homes sold in Savoy for a median price of $230,500. That's 49.7 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Savoy.
Median property tax for homeowners in Savoy was $2,778.04 in 2017 according to tax data from that year. That means homeowners pay 1.8 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Savoy real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
30
$206,213
-
2010
30
$102,600
-50.2%
2011
29
$196,055
91.1%
2012
31
$239,255
22%
2013
42
$184,950
-22.7%
2014
33
$197,187
6.6%
2015
35
$182,320
-7.5%
2016
50
$145,950
-19.9%
2017
42
$154,020
5.5%
2018
25
$230,500
49.7%
Median property tax
Median sale price
Effective property tax rate
2009
$3,729.81
$206,213
1.8%
2010
$1,973.52
$102,600
1.9%
2011
$3,706.60
$196,055
1.9%
2012
$1,519.69
$239,255
0.6%
2013
$1,525.48
$184,950
0.8%
2014
$2,603.95
$197,187
1.3%
2015
$3,591.47
$182,320
2%
2016
$3,199.16
$145,950
2.2%
2017
$2,778.04
$154,020
1.8%
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