Savanna home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Savanna fell by $21,000 while total sales increased by 54.5%, according to

From July through September of 2020, there were 17 homes sold, with a median sale price of $27,500 - a 43.3% decrease over the $48,500 median sale price for the same period of the previous year. There were 11 homes sold in Savanna in the third quarter of 2019.

The median sales tax in Savanna for the most recent year with available data, 2019, was $1,095, approximately 4% of the median home sale price for the third quarter of 2020.

The following table compares Savanna to other Carroll County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Mount Carroll11922.2%$34,000$75,000-54.7%

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