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Monday, September 30, 2024

Savoy home prices rise in October 2018

Realestate1

The median sale price of a home sold in October 2018 in Savoy rose by $75,775 while total sales remained unchanged with 14 homes sold, according to BlockShopper.com.

In October 2018, there were 14 homes sold, with a median sale price of $271,000 - a 38.8% increase over the $195,225 median sale price for the same period of the previous year. There were 14 homes sold in Savoy in October 2017, as well.

The median sales tax in Savoy for the most recent year with available data, 2017, was $4,602, approximately 1.7% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Mahomet1924-20.8%$295,000$181,00063%
Savoy14140%$271,000$195,22538.8%
Philo220%$236,250$150,75056.7%
St. Joseph10911.1%$169,000$153,50010.1%
Royal110%$154,500$107,25044.1%
Fisher5366.7%$146,300$218,000-32.9%
Champaign1141094.6%$141,000$122,00015.6%
Urbana4761-23%$128,000$122,0004.9%
Gifford12-50%$125,000$30,600308.5%
Tolono56-16.7%$102,000$171,250-40.4%
Thomasboro110%$93,000$11,000745.5%

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