Housing in Savoy, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$370,500
Median List Price
$437,450
Price Per Sq Ft
$153
Days on Market
57
Active Inventory
16
Months of Supply
5.3
Balanced market
Zillow Home Value
$339,527
ZHVI — January 2026
Zillow Rent Index
$1,643
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
80.0%
Sale-to-List Ratio
95.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
8
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$153
Median List $/SF
$218
Savoy vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Savoy is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$280,700
Median Rent
$954
Total Housing Units
3,837
Vacancy Rate
8.9%
Owner Occupied
58.8%
Renter Occupied
41.2%
Median Property Tax
$6,107
per year
Monthly Cost (w/ Mortgage)
$1,710
Housing Types
The current median sale price in Savoy, IL is $370,500 according to Redfin data. Homes spend a median of 57 days on the market. 0.0% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $153. Zillow's observed rent index is $1,643/month. About 58.8% of housing units are owner-occupied. The median year homes were built is 1995. There are 3,837 total housing units.