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Savoy, IL
Full City Profile · Illinois · Champaign County County
3.9
/5.0
B+
Good
8,807
Population
2,677/sq mi density
$88,828
Median Income
$47,009 per capita
$280,700
Home Value
$344,822 Zillow
$954
Median Rent
25.5% income on rent
53°F
Avg Temperature
275 sunny days/yr
743
Violent Crime/100K
2,685 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,828 median income, 0.8% unemployment
A+
Affordability
4.9 / 5.0
$280,700 home value, $954/mo rent
F
Safety
1.0 / 5.0
743 violent crimes/100K (96% above avg)
A+
Education
5.0 / 5.0
58.8% bachelor's degree or higher
Housing Overview
Median Home Value
$280,700
0% below
US avg: $281,900
Median Rent
$954/mo
18% below
US avg: $1,163/mo
Homeownership Rate
58.8%
10% below US avg (65.4%)
Total Housing Units
3,790
Median year built: 1996
Home Value by Source
Census Median
$280,700
Zillow (ZHVI)
$344,822
Median Sale Price
$399,900
Median List Price
$439,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.8%
Owner-Occupied
41.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$954/mo
· Zillow rent:
$1,593/mo
Market Indicators (Redfin)
Median Days on Market
106 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
10.0%
of listings with price reduction
Price Per Sq Ft
$190
Active Inventory
20
homes for sale
Affordability & Housing Stock
Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
58.8%
Complete Housing Data
Home Values
| Census Median Value | $280,700 |
| Zillow Home Value (ZHVI) | $344,822 |
| Median Sale Price | $399,900 |
| Median List Price | $439,900 |
| Price Per Sq Ft | $190 |
Rent
| Census Median Rent | $954 |
| Zillow Rent (ZORI) | $1,593 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 106 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.0% |
| Homes Sold | 3 |
| Active Inventory | 20 |
| Price Per Sq Ft | $190 |
Ownership & Stock
| Owner-Occupied | 58.8% |
| Renter-Occupied | 41.2% |
| Homeownership Rate | 58.8% |
| Total Housing Units | 3,790 |
| Median Year Built | 1996 |
| Rent Burden | 25.5% |