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Monday, August 4, 2025

July 2021: Home prices in Savoy fell

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The median sale price of a home sold in July 2021 in Savoy fell by $800 while total sales increased by 200%, according to BlockShopper.com.

In July 2021, there were 12 homes sold, with a median sale price of $298,150 - a 0.3% decrease over the $298,950 median sale price for the same period of the previous year. There were four homes sold in Savoy in July 2020.

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 July 2021.

The following table compares Savoy to other Champaign County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Lake of the Woods10-$330,000$0-
Savoy124200%$298,150$298,950-0.3%
Tolono30-$293,000$0-
Mahomet134225%$275,000$305,125-9.9%
Homer110%$239,900$46,000421.5%
Philo20-$182,250$0-
St. Joseph80-$180,510.50$0-
Pesotum10-$177,000$0-
Champaign10313692.3%$176,000$153,00015%
Urbana424950%$158,400$161,750-2.1%
Sidney20-$142,500$0-

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