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IL area data

Savoy, IL

Savoy, IL.

Population: 8,811 (Census ACS)

The typical home value in Savoy, IL is $356,823 — up 2.7% over the past year. Homes sell for a median $400,000 after a median 55 days on market. Typical rent runs $1,466/month. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with cold wave, drought, strong wind the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$356,823

Typical home value

+2.7%

1-year change

55

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Typical home value
$356,823
1-year appreciation
+2.7%
3-year appreciation
+15.2%
5-year appreciation
+29.6%
10-year appreciation
+56.0%
Peak value since 2000 (Apr 2026)
$358,877
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$400,000
Median list price
$399,950
Median price per sqft
$172
1-year sale-price change
+6.4%
Median days on market
55 days
Homes sold (recent period)
41
For-sale inventory
30
Sale-to-list ratio
99.2%
Active listings
32
1-year forecast
+2.8%
New listings (monthly)
8

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,466/mo
Studio fair-market rent
$983/mo
1BR fair-market rent
$996/mo
2BR fair-market rent
$1,173/mo
3BR fair-market rent
$1,474/mo
4BR fair-market rent
$1,542/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Avg student-teacher ratio
14.2 : 1
Schools include
Carrie Busey Elem School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
cold wave, drought, strong wind, tornado, winter weather
Notable hazard ratings (county)
drought: Relatively High · tornado: Relatively High · cold wave: Relatively High · strong wind: Relatively High · winter weather: Relatively High · hail: Relatively Moderate
Most common flood zone among NFIP claims
Zone X
NFIP flood claims on record
1
Wildfire risk to homes (county)
Higher than 1% of US counties
Buildings in wildfire direct-exposure zone
9.9%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
63.0°F
Average low
42.0°F
Annual precipitation
37.0 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
240
Days with Moderate air quality
121
Highest AQI recorded (year)
138

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
13.5 / 20
Transit service frequency
923
Jobs reachable by car (30 min)
21,993
Jobs reachable by transit (45 min)
18,258

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
32
Nearest airport
University of Illinois Willard Airport (CMI) (1 mi)
Nearest major airport
University of Illinois Willard Airport (CMI) (1 mi)
Hospitals in or near this ZIP
12
Hospitals include
VA ILLIANA HEALTHCARE SYSTEM - DANVILLE, OSF SACRED HEART MEDICAL CENTER, CARLE FOUNDATION HOSPITAL
Avg hospital rating (CMS)
2.3 / 5
Best hospital rating nearby (CMS)
3.0 / 5
EV charging stations (within 10 mi)
70
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,569 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1996
Housing built before 1970
10.0%
Housing built 2000 or later
39.3%
Median annual property tax
$6,263
Mean commute to work
15 min
Households with broadband internet
80.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
67,040
Average weekly wage
$1,194
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
860

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

SavoyState medianUS median
Typical home value$356,823$194,869$288,527
Median sale price$400,000$212,000$325,000
Median days on market55 days48 days51 days
Typical rent$1,466/mo$1,787/mo$1,809/mo
Median annual property tax$6,263$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Savoy, IL?
$356,823.
What is the median sale price in Savoy, IL?
$400,000.
How long do homes take to sell in Savoy, IL?
Median days on market: 55 days.
What is typical rent in Savoy, IL?
Typical rent: $1,466/month.
What is the natural-hazard risk in Savoy, IL?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: cold wave, drought, strong wind, tornado, winter weather.
Is Savoy, IL in a flood zone?
Flood zones vary by property within Savoy, IL. 1 FEMA flood-insurance (NFIP) claim is on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Savoy, IL?
Risk to homes is higher than 1% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Savoy, IL?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Savoy, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Savoy, IL?
1 schools (1 elementary) (NCES, 2024-25).
Is Savoy, IL walkable?
Walkability index: 13.5/20 (EPA Smart Location Database).
What is the air quality in Savoy, IL?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in Savoy, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Savoy

Listing a home in Savoy, IL?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents