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Monday, August 4, 2025

What happened to the median home price in Savoy during 2020?

Webp re 13

The median sale price of a home sold in 2020 in Savoy rose by $48,700 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through December of 2020, there were eight homes sold, with a median sale price of $298,950 - a 19.5% increase over the $250,250 median sale price for the previous year. There were 12 homes sold in Savoy in 2019.

The median sales tax in Savoy for the most recent year with available data, 2019, was $5,083, approximately 1.7% of the median home sale price for 2020.

The following table compares Savoy to other Champaign County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Mahomet827-70.4%$305,125$239,90027.2%
Savoy812-33.3%$298,950$250,25019.5%
Tolono16-83.3%$217,500$129,12568.4%
Fisher12-50%$180,000$147,50022%
Champaign44155-71.6%$178,750$138,00029.5%
Gifford330%$169,500$152,00011.5%
St. Joseph17-85.7%$169,000$168,9000.1%
Urbana2682-68.3%$147,700$139,0006.3%
Pesotum110%$132,500$185,000-28.4%
Rantoul514-64.3%$114,500$59,87591.2%
Bondville10-$55,000$0-

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