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Foreclosure Homes in Savanna, IL

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Savanna, IL Foreclosures

How much do homes sell for in Savanna, IL?
The average home price is currently $127,522.
In Savanna, IL, how many homes are available?
There are currently 11 active home listings available in Savanna.
What’s the average rental cost in Savanna, IL?
The average rental price in Savanna is $895.
What is the most expensive home in Savanna?
The most expensive home sold in Savanna had a price of $2,450,900.
What is currently the cheapest priced home in Savanna, IL?
The cheapest home for sale in Savanna is priced at $10,372.

Living in Savanna, IL

Savanna, IL is a delightful small town located on the banks of the Mississippi River, where residents enjoy a peaceful lifestyle surrounded by stunning natural beauty. The community is tight-knit, offering various local shops and eateries, along with recreational opportunities that cater to outdoor enthusiasts. Excellent educational institutions nearby make it a suitable place for families and individuals alike.

Current Market Conditions in Savanna, IL

The real estate market in Savanna has shown steady growth, with increased interest from buyers seeking affordable homes in a picturesque setting. The town's charm and outdoor lifestyle attract families and retirees, contributing to the overall demand for properties.

Homes here typically list at competitive prices compared to larger urban areas, making Savanna an appealing destination for first-time buyers as well as those looking to settle down in a serene environment.

Home Value Estimator For Savanna, IL

There are currently 1,772 real estate properties in Savanna, IL, with a median automated valuation model (AVM) price of $91,092.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Savanna, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Savanna, IL, is $127,522.00, with the most expensive house in Savanna, IL, topping out at $2,450,900.00 and the cheapest home in Savanna, IL, clocking in at $10,372.00. In other words, there’s something for every potential homebuyer or savvy investor in Savanna, IL!

Rent Prices In Savanna, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Savanna, IL, is on a rollercoaster ride. The average rent price in Savanna, IL, is $895.00. Indeed, when looking to rent in Savanna, IL, you can expect to pay as little as $480.00 or as much as $1,960.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Savanna, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Savanna, IL Foreclosures

Market Trend for Savanna, IL

Total Listings Available: 11

Market Values:

Home Prices from $10,372 to $2,450,900

Average Sales Price: $127,522

Rental Values:

Rental from $480 to $1,960

Average Rent Value: $895 / month

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