Why Live in Savoy
Savoy offers a blend of suburban tranquility and access to urban amenities. Originally rural farmland, this village has evolved into a community of around 9,000 residents, featuring several parks and a variety of recreational options. Dana Colbert Park, a popular 55-acre green space, includes picnic pavilions, open fields, and a fishing lake, while smaller parks and the Savoy Recreation Center provide playgrounds and indoor fitness facilities. Golf enthusiasts can enjoy the University of Illinois Orange and Blue Course, and families can find entertainment at Old Orchard Lanes and Links, Skateland, and The Savoy 16 + IMAX with Laser. Housing in Savoy ranges from 1900s farmhouses to newly built Colonial Revival and Craftsman-style homes, with prices generally between $200,000 and $700,000 for single-family homes and $150,000 to $500,000 for condos and townhouses. The Champaign Unit 4 School District, known for its high rating, serves the area, with Carrie Busey Elementary School being a favored choice among parents. The University of Illinois Urbana-Champaign, located a few miles north, offers cultural and educational opportunities, including sports events and classes for adults. Dining options include national chains and local favorites like Star BBQ and Triptych Brewing. Savoy is accessible via U.S. Route 45, MTD buses, and nearby Willard Airport, with emergency care available at Carle Foundation Hospital, 6 miles away. Community events, such as the annual art fair and gatherings in Colbert Park, foster a sense of local culture and engagement.
Home Trends in Savoy, IL
On average, homes in Savoy, IL sell after 36 days on the market compared to the national average of 50 days. The median sale price for homes in Savoy, IL over the last 12 months is $364,900, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$364,900
Median Single Family Sale Price
$422,873
Median 2 Bedroom Sale Price
$201,000
Average Price Per Sq Ft
$186
Number of Homes for Sale
22
Last 12 months Home Sales
127
Median List Price
$389,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%