Foreclosures in Savoy, IL

Current Market Conditions in Savoy, IL

The real estate market in Savoy has shown steady growth over the past few years, with increased demand for family homes and properties due to its appealing community attributes. Homes are in high demand, especially those within close proximity to local schools and parks, leading to a competitive market environment.

The market has been characterized by rising home prices, with new developments and an influx of buyers attracted to the area’s benefits. As such, potential homebuyers should be prepared for quick-moving listings, especially in sought-after neighborhoods.

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.