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Housing in Savanna

54 homes sold in Savanna in the last year, at a typical $92K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Savanna homes are listed.

Homes sold
54
October 2025 to September 2026
Typical sale price
$92K
median, weighted by sales
Price per square foot
$69
Illinois $193
Paid vs. asking
92.7%
12% sold over asking
For sale now
19
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 0% of Savanna’s sales, at a typical — (year to May 2026)

54 homes sold in the year to September 2026.

14 years of sales

More homes sell than most years, at twice the 2016 price

54 sales in the last year, against 58 in 2021 and a low of 4 in 2012. The typical sale went from $47K in 2016 to $92K.

Homes soldTypical sale price
0255075100$25K$50K$75K$100K2012: 4 sold, typical $42K’122013: 7 sold, typical $39K2014: 27 sold, typical $51K’142015: 27 sold, typical $46K2016: 28 sold, typical $47K’162017: 32 sold, typical $47K2018: 29 sold, typical $42K’182019: 37 sold, typical $51K2020: 27 sold, typical $54K’202021: 58 sold, typical $55K2022: 27 sold, typical $64K’222023: 50 sold, typical $70K2024: 39 sold, typical $60K’242025: 44 sold, typical $92KLast 12 months: 54 sold, typical $92KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Savanna are back to pre-pandemic levels, with about as many homes for sale

We read every month of Savanna’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 54 sales.

If you’re buying in Savanna

  • Shop in May. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
  • Offer under asking. Buyers paid 92.7% of the list price on average; 12% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 60 days.
Best time to buy

Fall brings the homes; summer brings the bidding wars

September has the most new listings (about 4 a month), but July is the most competitive: 14% of July sales close over asking. May and June offer nearly as much choice with fewer homes bid up (8%). April has the least competition (1%).

New listings a monthShare sold over asking
01.32.53.857%13%20%Sweet spotJan: 2 new listings a month, 5% sold over asking, 118 days to sellJFeb: 2 new listings a month, 6% sold over asking, 125 days to sellFMar: 3 new listings a month, 3% sold over asking, 183 days to sellMApr: 3 new listings a month, 1% sold over asking, 170 days to sellAMay: 4 new listings a month, 8% sold over asking, 161 days to sellMJun: 4 new listings a month, 11% sold over asking, 132 days to sellJJul: 4 new listings a month, 14% sold over asking, 129 days to sellJAug: 4 new listings a month, 10% sold over asking, 121 days to sellASep: 4 new listings a month, 11% sold over asking, 112 days to sellSOct: 4 new listings a month, 8% sold over asking, 111 days to sellONov: 3 new listings a month, 9% sold over asking, 110 days to sellNDec: 3 new listings a month, 7% sold over asking, 96 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Savanna now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price12%7%9%36%
Gone within two weeksShare of homes under contract within 14 days30%1%0%45%
Price paid vs. askingAverage sale price ÷ list price92.7%88.2%89.8%99%
Days to sellMedian days from listing to contract6020712651
Supply

16 homes for sale on a typical day

That’s 2.4 times the 2012 low (7), 12% fewer than in 2017–19 and well under 2017’s 21.

2012: 7 for sale’122013: 9 for sale2014: 16 for sale2015: 14 for sale’152016: 20 for sale2017: 21 for sale2018: 19 for sale’182019: 14 for sale2020: 16 for sale2021: 12 for sale’212022: 12 for sale2023: 10 for sale2024: 10 for sale’242025: 18 for saleLast 12 months: 16 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Savanna home costs about $613 a month

Mortgage
Property tax
Insurance
Rent

Price: Savanna’s typical sale, last 12 months. Property tax at Savanna’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Savanna is affordable on local pay is on Cost of living.

Before you buy in Savanna

Six things worth knowing

4

New listings in September

The month with the most choice. February has the fewest, about 2.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $92K home, about $1,600 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Savanna, from test results, graduation and how much students grow.

Schools in Savanna
20 min

Typical commute

The average one-way trip to work for people who live in Savanna.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Lake Carroll, Fulton, Clinton, Bellevue, Stockton and Morrison for far more

The busier markets within 25 miles of Savanna, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Clinton336$131K$9228%49
Morrison68$132K$9030%78
Fulton57$157K$9615%47
Lake Carroll55$469K$1607%101
Savanna54$92K$6912%60
Bellevue24$240K$1258%95
Stockton22$146K$9114%58

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Savanna, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Savanna. People who follow the town see it, and so do people comparing Savanna with their own town. No commission, no listing fee.

Questions about buying a home in Savanna

What do homes sell for in Savanna, IL?

54 homes sold in the year to September 2026 at a typical $92K, $69 a square foot.

Is Savanna a buyer’s or seller’s market?

A balanced market: 19 homes were for sale in September 2026 and 3 sold, about 5.1 months of supply. Buyers paid 92.7% of asking on average.

When is the best time to buy in Savanna?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Savanna?

About 1.7% of a home’s value a year. On a $92K home that’s near $1,600.

Where can I see homes for sale in Savanna?

Zillow, Redfin, Realtor.com and Homes.com all carry Savanna’s MLS listings; the search links above open each one filtered to Savanna.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).