Savanna home prices fall in September 2020

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The median sale price of a home sold in September 2020 in Savanna fell by $20,000 while total sales increased by 133.3%, according to BlockShopper.com.

In September 2020, there were seven homes sold, with a median sale price of $30,000 - a 40% decrease over the $50,000 median sale price for the same period of the previous year. There were three homes sold in Savanna in September 2019.

The median sales tax in Savanna for the most recent year with available data, 2019, was $1,095, approximately 3.7% of the median home sale price for September 2020.

The following table compares Savanna to other Carroll County cities in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Thomson10-$121,500$0-
Shannon12-50%$89,900$29,000210%
Lanark34-25%$83,000$71,75015.7%
Chadwick20-$61,250$0-
Savanna73133.3%$30,000$50,000-40%
Mount Carroll440%$19,750$67,500-70.7%
Milledgeville02-100%$0$69,150-100%

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