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Tuesday, July 29, 2025

Savoy home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Savoy rose by $72,500 while total sales decreased by 47.6%, according to BlockShopper.com.

In March 2018, there were 11 homes sold, with a median sale price of $236,500 - a 44.2% increase over the $164,000 median sale price for the same period of the previous year. There were 21 homes sold in Savoy in March 2017.

The median sales tax in Savoy for the most recent year with available data, 2017, was $4,602, approximately 1.9% of the median home sale price for March 2018.

The following table compares Savoy to other Champaign County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Savoy1121-47.6%$236,500$164,00044.2%
St. Joseph34-25%$216,000$145,00049%
Lake of the Woods30-$199,900$0-
Philo36-50%$186,500$169,7509.9%
Champaign89132-32.6%$171,500$133,50028.5%
Mahomet1026-61.5%$156,500$181,250-13.7%
Tolono7475%$138,000$125,694.509.8%
Sidney34-25%$116,250$52,000123.6%
Ogden20-$110,500$0-
Urbana3843-11.6%$109,450$122,500-10.7%
Thomasboro330%$97,000$68,00042.6%

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