Savoy, IL Real Estate Market Summary – September 7, 2026

In Savoy, IL, the real estate market has seen a total of 9 homes sold recently, reflecting a pace of 1 every 3 days. The average living area of these homes is approximately 1,833 square feet, with a median living area of 1,913 square feet, and the average sale price stands at $359,600.

Metric 30 Days
Number Sold 9
Sold Per Day 1 every 3.33 days
Average SQFT 1833
Median Sales Price $348,500
Average Sales Price $359,600
Average Price Per SQFT $196
Average Days on Market 22
Average Year Built 2003

 

Savoy, IL Single Family Home Analysis

For single-family homes, 7 properties were sold with an average living area of around 1,953 square feet. The average sale price for these homes was $382,343, with properties typically spending about 21 days on the market before reaching a sale.

Metric 30 Days
Number Sold 7
Sold Per Day 1 every 4.29 days
Average SQFT 1953
Median Sales Price $360,000
Average Sales Price $382,343
Average Price Per SQFT $196
Average Days on Market 21
Average Year Built 2006

 

Savoy, IL Condo & Townhome Analysis

In the condo and townhome sector, 2 units sold, each averaging 1,411 square feet. These properties had an average sale price of $280,000 and spent about 22.5 days on the market.

Metric 30 Days
Number Sold 2
Sold Per Day 1 every 15.00 days
Average SQFT 1411
Median Sales Price $280,000
Average Sales Price $280,000
Average Price Per SQFT $199
Average Days on Market 23
Average Year Built 1994

 

Buyer & Seller Analysis

  • 9 homes sold in total during this period
  • Average days on market for all homes is 21.57 days
  • The average sale price across all categories is $359,600
  • The median sale price for single-family homes is $360,000
  • Condo and townhome listings averaged 1,411 sq. ft.

Conclusion

Overall, the Savoy market shows consistent activity in recent home sales, with single-family homes commanding higher prices compared to condos and townhomes. The market data illustrates a steady pace without fluctuations in velocity.

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