In May 2018, there were 15 homes sold, with a median sale price of $232,500 - a 17.5% increase over the $197,900 median sale price for the same period of the previous year. There were 25 homes sold in Savoy in May 2017.
The median sales tax in Savoy for the most recent year with available data, 2017, was $4,602, approximately 2% of the median home sale price for May 2018.
The following table compares Savoy to other Champaign County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mahomet | 17 | 25 | -32% | $255,500 | $216,000 | 18.3% |
| Tolono | 9 | 14 | -35.7% | $234,000 | $133,450 | 75.3% |
| Savoy | 15 | 25 | -40% | $232,500 | $197,900 | 17.5% |
| Lake of the Woods | 4 | 1 | 300% | $231,250 | $190,000 | 21.7% |
| Sidney | 1 | 3 | -66.7% | $183,000 | $168,500 | 8.6% |
| St. Joseph | 12 | 7 | 71.4% | $182,450 | $148,500 | 22.9% |
| Dewey | 1 | 1 | 0% | $164,900 | $261,000 | -36.8% |
| Thomasboro | 1 | 7 | -85.7% | $149,500 | $71,000 | 110.6% |
| Urbana | 42 | 83 | -49.4% | $147,750 | $124,000 | 19.2% |
| Champaign | 125 | 183 | -31.7% | $144,000 | $134,900 | 6.7% |
| Gifford | 2 | 4 | -50% | $138,200 | $108,000 | 28% |
Alerts Sign-up