Savoy, TX Housing Market

Homes for sale

The Savoy housing market is not very competitive. The median sale price of a home in Savoy was $565K last month, up 82.8% since last year. The median sale price per square foot in Savoy is $169, up 26.1% since last year.

Trends
Demand
Migration
Schools
Climate

Savoy Housing Market Trends

What is the housing market like in Savoy today?

In September 2024, Savoy home prices were up 82.8% compared to last year, selling for a median price of $565K.

$217K

Sale Price

+40.0%
since last year

$169

Sale $/Sq. Ft.

+26.1%
since last year

Under List Price

5.9%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Savoy and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Savoy add value to a home.

Work with the best agents in Savoy

Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.

How hot is the Savoy housing market?

Savoy is not very competitive. Homes sell in 38 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 31 days.

Compare With Nearby Cities

Anna

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 67 days.
Hot homes
can sell for around list price and go pending in around 27 days.

Sherman

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 22 days.

See more nearby cities and neighborhoods

Savoy Migration & Relocation Trends

In Sep '24 - Nov '24, 26% of Savoy homebuyers searched to move out of Savoy, while 74% looked to stay within the metropolitan area.

Where are people moving to Savoy from?

Across the nation, 2% of homebuyers searched to move into Savoy from outside metros.
Los Angeles homebuyers searched to move into Savoy more than any other metro followed by San Francisco and Seattle.

Where are people from Savoy moving to?

74% of Savoy homebuyers searched to stay within the Savoy metropolitan area.
Phoenix was the most popular destination among Savoy homebuyers followed by Austin and Houston.

Number of People Moving to Savoy

least

most

People are moving to Savoy from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Los Angeles, CA	1,848
2	San Francisco, CA	1,058
3	Seattle, WA	818
4	New York, NY	615
5	Washington, DC	561
6	Miami, FL	323
7	Richmond, VA	178
8	Chicago, IL	167
9	Boston, MA	109
10	Sacramento, CA	107

People are leaving Savoy for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Phoenix, AZ	1,901
2	Austin, TX	1,130
3	Houston, TX	828
4	San Antonio, TX	636
5	Tulsa, OK	367
6	Buffalo, NY	281
7	Oklahoma City, OK	279
8	Las Vegas, NV	271
9	Tyler, TX	271
10	Tucson, AZ	254

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Schools in Savoy

Learn about schools in the Savoy area

Elementary
Middle
High

GreatSchools Rating

6/10

Savoy Elementary School

Public • PreK-6

176

Students

3 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Savoy housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Savoy.

Wind Factor - Major

86% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Severe

88% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Savoy

Nearby City Housing Markets

Zip Code Housing Markets

Nearby City Listings

Zip Code Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

Savoy, TX Housing Market

Savoy Housing Market Trends

How hot is the Savoy housing market?

Savoy Migration & Relocation Trends

Schools in Savoy

GreatSchools Rating

Climate's impact on Savoy housing

Flood Factor - Minor

Flood Factor

Fire Factor - Severe

Fire Factor