Zip 61074 (Savanna, IL) Housing

The housing in 61074 Savanna, IL is significantly more affordable than the national average. The median value of a home in 61074 Savanna, IL is $79,100 compared to the US median value of $338,100. Furthermore, homes in this area appreciate at a rate of 7.18%, which is slightly lower than the US 1 year house appreciation rate of 8.27%. This makes the area attractive both to those looking for an affordable place to live and those looking for a solid real estate investment.

The median home cost in Savanna (zip 61074) is $79,100. Home appreciation the last 10 years has been 50.3%. Home Appreciation in Savanna (zip 61074) is up 14.1%.

Average Age of Homes

- The median age of Savanna (zip 61074) real estate is 69 years old

The Rental Market in Savanna (zip 61074)

- Renters make up 25.6% of the Savanna (zip 61074) population
- 2.9% of houses and apartments in Savanna (zip 61074), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Savanna, Illinois	United States
	2,329.0	139,647,020.0
	67	42
	$79,100	$338,100
	14.1%	16.6%
	42.4%	57.0%
	50.3%	101.1%
	$20.32	$10.98
	$1,642	$2,690
	56.8%	57.4%
	15.6%	11.2%
	27.7%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	2.4%	3.6%
	10.1%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	8.3%	2.4%
	20.1%	2.8%
	16.0%	3.9%
	12.7%	4.5%
	12.7%	11.3%
	12.9%	13.0%
	4.0%	20.1%
	3.0%	13.6%
	2.6%	8.3%
	1.4%	9.7%
	1.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.4%	13.6%
	7.4%	13.6%
	8.0%	13.6%
	7.0%	13.2%
	7.2%	14.8%
	8.0%	13.6%
	14.2%	10.0%
	8.0%	4.7%
	36.6%	12.2%

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