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Savanna, IL Real Estate


According to census data in the year 2000 there were 1,796 housing units in Savanna. This represents a 0.6% decline from 1,807 in 1990.

Of those housing units, 1,778 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.

Homeownership rate in Savanna is about 67.4%. Savanna's vacancy rate, including seasonal lodging, is about 13.1%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Savanna were built after 1943.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom16.90%
Two Bedrooms40.90%
Three Bedrooms30.30%
Four Bedrooms11.40%
Five Bedrooms or more0.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1939
Median Value of occupied units$48,300
Median Price asked for vacant units$42,800

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1948
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan0.50%
Simple Mortgage43.90%
Debt Free50.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%