Savoy is a village located in Champaign County, Illinois, approximately 135 miles (about 217 km) south of Chicago.

Savoy, Illinois is a small village in Champaign County, adjacent to Champaign and Urbana.

This area is part of the Champaign-Urbana economic and cultural region and is known for providing a relatively quiet and peaceful environment, making it a great place to live.

With a low crime rate and friendly neighborhood atmosphere, it is considered a very safe place for families to reside.

The average home price in Savoy is about $333,000, which is below the national average. 

The housing market in Savoy is closely linked to the Champaign-Urbana area. Savoy has many parks and green spaces, making it suitable for families to enjoy leisure activities.

Home prices in this area may be similar to or slightly lower than the Illinois state average.

Savoy is adjacent to Champaign and Urbana, influenced by the local economy and educational institutions (e.g., the University of Illinois Urbana-Champaign campus).

Therefore, home prices in Savoy can fluctuate based on local economic conditions, the influence of educational institutions, and housing supply and demand.

Savoy is a small community with a relatively low population density and a quiet atmosphere.

It is suitable for those looking to escape the complexities of urban life for a more tranquil lifestyle.

To check the exact average home price, it is advisable to consult a real estate agent or local real estate websites for the latest information.

The average sale price for homes in Savoy over the past 12 months is $360,300, which is a 6% decrease from the previous 12 months.
In December 2024, the median home sold price in Savoy was $347,900, which is a 4.2% decrease from the previous year.