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SAVANNA, IL 61074

Real Estate Market Report  ·  Carroll County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SAVANNA, IL real estate market (61074) currently shows 14 active listings, with 3 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 100 days on market compared to 50 days last year.

The median listing price has risen 31.7% year-over-year, from $115,000 to $151,500.

Whether you are buying or selling in SAVANNA, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,093  ·  Density: 21.5/mi²  ·  Median household income: $52,267

Typical home value: $89,286  ·  Homeownership: 63.4%

Market Overview

Active Listings
14
⇧ 27.3% vs 11 last year
Pending
3
21% pending ratio
Median Price
$151,500
⇧ 31.7% vs $115,000 last year
Average Price
$228,983
⇧ 51.7% vs $150,933 last year
Days on Market
100
⇧ 100% vs 50 days last year

Price Per Square Foot

Median $/sqft
$81
⇧ 9.5% vs $74/sqft last year
Median Home Size
1,604 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 11 last year
  • Days on market: 100 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $151,500 (+31.7% YoY)
  • Average: $228,983 (+51.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.3 miles — 194 listings ($66,880,419 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61074Savanna, IL 610740.0 mi14$2,423,638$146,500$173,117
61053Mount Carroll, IL 610537.6 mi5$1,137,250$227,450$227,450
52771Teeds Grove, IA 527719.8 mi1$18,000$18,000$18,000
61028Elizabeth, IL 6102811.7 mi5$1,088,165$254,900$217,633
52727Bryant, IA 5272715.6 mi2$629,900$314,950$314,950
52069Preston, IA 5206916.0 mi6$1,612,350$255,000$268,725
61046Lanark, IL 6104616.3 mi20$8,770,340$382,000$438,517
61062Pearl City, IL 6106217.1 mi7$1,592,416$180,250$227,488
61252Fulton, IL 6125219.5 mi19$4,461,561$208,675$234,819
61078Shannon, IL 6107820.7 mi6$1,973,400$345,000$328,900
61051Milledgeville, IL 6105121.4 mi7$978,075$114,975$139,725
61001Apple River, IL 6100123.2 mi6$2,562,204$399,500$427,034
61036Galena, IL 6103624.3 mi96$39,633,120$312,225$412,845

Frequently Asked Questions

How many homes are for sale in SAVANNA, IL 61074?

As of March 2026, there are 14 active listings in SAVANNA, IL (zip code 61074), compared to 11 the prior year.

What is the median home price in SAVANNA, IL 61074?

The median listing price in SAVANNA, IL 61074 is $151,500 as of March 2026, a 31.7% increase from $115,000 the prior year.

How long do homes stay on the market in SAVANNA, IL?

Homes in SAVANNA, IL 61074 spend an average of 100 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in SAVANNA, IL 61074?

Based on current inventory and days-on-market data as of March 2026, SAVANNA, IL 61074 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 100 days on market compared to 50 days last year.

How much can I save on real estate commission in SAVANNA, IL?

With SELL123.com's maximum 3% commission, sellers in SAVANNA, IL 61074 save an estimated $3,030 compared to a typical 5% commission on the median listing price of $151,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.