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Featured local agent — Savoy, TX
Sarah Mitchell
Compass Real Estate · Savoy, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Savoy, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$295,000median sale price
How is the Savoy, TX housing market right now?
The median home sale price in Savoy, TX is $295,000, up 57.3% year-over-year. Homes sell in an average of 9 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Savoy a buyer's or seller's market?
Savoy, TX is currently a balanced market, based on 5.0 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
9
Fast-moving
Active listings
5
5.0 months supply
Sale-to-list
100.0%
Above asking
What does the Savoy housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $295,000 |
| Median list price | $262,950 |
| Year-over-year price change | +57.3% |
| Average days on market | 9 days |
| Active inventory | 5 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $192/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Listings with a price cut | 40.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Savoy by property type?
How the Savoy, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $295,000 | $192/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The Savoy housing market is currently classified as a balanced market with a median sale price of $295,000. Prices have risen 57.3% compared to last year, with homes spending an average of 9 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Savoy
There are currently 5 homes listed for sale in Savoy, Texas. The median listing price is $263K.
Active listings
5
Homes on market
Median list price
$263K
Avg. days on market
9
Days until sale
New this week
2
Newly listed
Who lives in Savoy?
Population
966
Median income
$60,268/yr
Median age
39.7 years
Owner-occupied
69.3%
College grads
8.1%
Avg commute
23 min
Source: U.S. Census Bureau ACS
What are homes worth in Savoy?
Zillow home value
$317,596
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Savoy?
Savoy is a community of approximately 1K residents with a median age of 39.7 years.The median household income is $60,268, which represents a working-class community with solid middle-income opportunities. 8.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Savoy offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Savoy?
2 schools tracked · 302 students
The largest public schools serving Savoy, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SAVOY EL
Grades PK-6 · 182 students
SAVOY H S
Grades 7-12 · 120 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Savoy, TX?
Want a head-to-head view? Compare Savoy side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Savoy?
The median home sale price in Savoy is $295,000, up 57.3% from last year.
How long do homes stay on market in Savoy?
Homes typically spend 9 days on market before going under contract.
What is the median income in Savoy?
The median household income is $60,268 per year.
Is Savoy a buyer's or seller's market?
With 5.0 months of supply, Savoy is currently a balanced market.
What is the Zillow home value estimate for Savoy?
The Zillow Home Value Index (ZHVI) for Savoy is $317,596, representing the typical home value in the area.
How much does a single-family home cost in Savoy?
The median single-family home price in Savoy, TX is $295,000 (about $192 per square foot).
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