foreclosure.com

Cheap Homes in Savoy, IL

Search within map
Min to 60k
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 219

Savoy, IL Foreclosures

Current Market Conditions in in Savoy, IL As of April 2026?
Over the past month, the real estate market in Savoy has experienced a slight uptick in home sales, driven by favorable interest rates that have encouraged potential buyers to enter the market. Listings have become slightly more competitive, with properties selling quicker than in previous months, indicating a healthy demand.
How much do homes sell for in Savoy, IL?
The average home price is currently $400,955.
In Savoy, IL, how many homes are available?
There are currently 219 active home listings available in Savoy.
What’s the average rental cost in Savoy, IL?
The average rental price in Savoy is $1,660.
What is the most expensive home in Savoy?
The most expensive home sold in Savoy had a price of $52,114,124.
What is currently the cheapest priced home in Savoy, IL?
The cheapest home for sale in Savoy is priced at $23,908.

Living in Savoy, IL

Savoy, Illinois, is a vibrant village known for its welcoming community and quality schools. Located just south of Champaign, it combines the charm of small-town living with access to robust amenities. With numerous parks, shopping options, and a focus on family-friendly activities, Savoy is an ideal place to call home.

Buyer vs Seller Market in Savoy, IL

The real estate market in Savoy, IL, remains strong, with housing demand steadily increasing due to the area's attractive amenities and schools. Recent trends show that the inventory of homes for sale has been tight, which continues to contribute to rising home prices as buyers compete for available properties.

Savoy has seen a growing trend of new developments, with several subdivisions being built to accommodate the influx of families and individuals looking to settle in the area. This growth is attracting a mix of first-time homebuyers and those looking for larger family homes.

Home Value Estimator For Savoy, IL

There are currently 2,551 real estate properties in Savoy, IL, with a median automated valuation model (AVM) price of $349,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Savoy, 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 Savoy, IL, is $400,955.00, with the most expensive house in Savoy, IL, topping out at $52,114,124.00 and the cheapest home in Savoy, IL, clocking in at $23,908.00. In other words, there’s something for every potential homebuyer or savvy investor in Savoy, IL!

Rent Prices In Savoy, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Savoy, IL, is on a rollercoaster ride. The average rent price in Savoy, IL, is $1,660.00. Indeed, when looking to rent in Savoy, IL, you can expect to pay as little as $600.00 or as much as $4,620.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Savoy, 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.

Cheap Homes in Savoy, IL

Popular Searches

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.