Savoy, IL
Housing market overview · Updated weekly
$399,900median sale price
Homes sold
3
Last 12 weeks
Days on market
106
Average pace
Active listings
20
6.7 months supply
Sale-to-list
98.7%
Below asking
The Savoy housing market is currently classified as a buyer's market with a median sale price of $399,900. Prices have fallen 7.2% compared to last year, with homes spending an average of 106 days on market, indicating 6.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Savoy
There are currently 20 homes listed for sale in Savoy, Illinois. The median listing price is $440K.
Active listings
20
Homes on market
Median list price
$440K
Avg. days on market
106
Days until sale
New this week
7
Newly listed
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Frequently asked questions
What is the average home price in Savoy?
The median home sale price in Savoy is $399,900, down 7.2% from last year.
How long do homes stay on market in Savoy?
Homes typically spend 106 days on market before going under contract.
Is Savoy a buyer's or seller's market?
With 6.7 months of supply, Savoy is currently a buyer's market.
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