Savoy IL Commercial for Sale

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Savoy Real Estate

The median home value in Savoy, IL is $320,000. This is higher than the county median home value of $177,400. The national median home value is $338,100. The average price of homes sold in Savoy, IL is $320,000. Approximately 51.76% of Savoy homes are owned, compared to 38.67% rented, while 9.56% are vacant. Savoy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Savoy real estate agent to arrange a tour today!

Savoy, Illinois has a population of 8,793. Savoy is more family-centric than the surrounding county with 41.91% of the households containing married families with children. The county average for households married with children is 30.63%.

The median household income in Savoy, Illinois is $78,584. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Savoy is 35.4 years.

Savoy Weather

The average high temperature in July is 84.3 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.7 inches per year, with 20.4 inches of snow per year.

Savoy Real Estate Market Conditions

  • Median sales price

    $320,000
    14.5% change since last quarter
  • # Active listings

    30
    30-day change

Savoy Schools and Demographics

Education near Savoy, IL

Metric City County
High School Graduates 96.16 94.77
College Degree - 2 year 5.24 8.56
College Degree - 4 year 58.48 45.48
Graduate Degree 19.75 15.4
Expenditures per Student 20,461 20,461
Students per Teacher 13.4 13.4

Elementary Schools near Savoy, IL

School Grades Students P/T Ratio ZIP
Bottenfield Elementary School KG - 05 469 14.9 61820
Carrie Busey Elementary School KG - 05 469 12.3 61874
Champaign Early Chldhd Cntr PK - PK 285 25.9 61820
Dr Howard Elementary School KG - 05 418 13.3 61821
Garden Hills Elementary School KG - 05 542 12.7 61821
International Prep. Academy KG - 01 108 108 61821
Kenwood Elementary School KG - 05 354 13.1 61821
LEAL Elementary School KG - 05 399 13 61801
M L King Jr Elementary School KG - 05 320 9.4 61801
Robeson Elementary School KG - 05 409 14.1 61821
South Side Elementary School KG - 05 292 16.2 61820
Stratton Elementary School KG - 05 472 11.6 61820
Unity West PK - 05 471 12.7 61880
Washington Elementary School KG - 05 365 14.2 61820
Westview Elementary School KG - 05 423 13.7 61821
Wiley Elementary School KG - 05 280 14.1 61801
Yankee Ridge Elementary School KG - 05 332 12.4 61801

Middle Schools near Savoy, IL

School Grades Students P/T Ratio ZIP
Edison Middle School 06 - 08 702 14 61820
Franklin Middle School 06 - 08 660 12.3 61820
Jefferson Middle School 06 - 08 711 12.2 61821
Unity Junior High School 06 - 08 415 16.6 61880
Urbana Middle School 06 - 08 935 11.6 61801

High Schools near Savoy, IL

School Grades Students P/T Ratio ZIP
Centennial High School 09 - 12 1,440 14.2 61821
Central High School 09 - 12 1,185 12.3 61820
Novak Academy 09 - 12 47 11.8 61820
Unity High School 09 - 12 499 14.7 61880
Urbana High School 09 - 12 1,029 12.1 61801

Ungraded Schools near Savoy, IL

School Grades Students P/T Ratio ZIP
* University of Illinois High School 08 - 12 317 61801
Actions Program KG - 12 0 0 61820
R E A D Y Program 06 - 12 89 6.6 61820

Demographics near Savoy, IL

Metric City County
Neighborhood Type Small town
Population 8,793 206,583
Population Density 2,750 207
Median Age 35.4 30.6
People per Household 2.5 2.3
Median Household Income 78,584 56,939
Average Income per Capita 42,523 32,971