Savanna, IL

Savanna is a small town located in southern Illinois. The population of Savanna was just over 2,000 people as of the 2010 census. Savanna is located in Livingston County and has a median household income of just over $40,000.

The real estate market in Savanna is very competitive. There are only a few homes available for sale and most of them are quickly snapped up by buyers who want to live in this quaint town. The average home price in Savanna is around $130,000 which makes it an expensive place to live. However, because there are so few homes available for sale, the prices that do go up tend to be quite high.

One reason why the real estate market in Savanna is so competitive is because there are not many jobs available here. The majority of the residents work outside of town and commute into Savanna each day. This means that there isn't a lot of demand for homes here and the ones that are available tend to sell quickly.

Another reason why the real estate market in Savanna is so competitive is because there isn't much land available for development here. Most of the land in Savanna belongs to farmers who use it to grow crops or raise livestock. This means that there isn't a lot of room for new homes to be built and the ones that are already built tend to sell quickly due to limited supply and high demand.