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Monday, July 28, 2025

Savoy home prices rise in July 2018

Realestate4

The median sale price of a home sold in July 2018 in Savoy rose by $11,000 while total sales decreased by 8%, according to BlockShopper.com.

In July 2018, there were 23 homes sold, with a median sale price of $255,000 - a 4.5% increase over the $244,000 median sale price for the same period of the previous year. There were 25 homes sold in Savoy in July 2017.

The median sales tax in Savoy for the most recent year with available data, 2017, was $4,602, approximately 1.8% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Savoy2325-8%$255,000$244,0004.5%
Mahomet37348.8%$239,900$266,000-9.8%
Philo26-66.7%$221,750$157,25041%
Lake of the Woods62200%$211,500$186,00013.7%
Broadlands10-$200,000$0-
St. Joseph814-42.9%$187,000$170,00010%
Foosland21100%$178,350$10,0001683.5%
Tolono67-14.3%$163,875$160,0002.4%
Gifford41300%$157,500$38,500309.1%
Champaign160212-24.5%$148,250$156,000-5%
Urbana7296-25%$132,450$124,9506%

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