Savannah - GA housing market
The Savannah metro has a typical home value of $340,186, down 2.7% from a year ago. Homes are sitting 40 days on average, buyers have negotiating room. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.
Savannah housing market, October 2026
The typical Savannah home is worth $340,186 as of September 2026, down 0.3% from the prior month, down 0.8% over three months, and down 2.7% from a year ago. Over the past two years values have ranged from $340,186 to $357,047.
Homes are going pending in about 40 days, slower than the 35 days seen three months earlier. There are roughly 2,743 homes for sale, 1% more than a year ago. 28.8% of listings have taken a price cut (up from 28.5% three months ago).
Typical rent is $1,771 a month, down 0.3% year over year, which puts the price-to-rent ratio at 16.0.
At this week's 7.40% mortgage rate with 20% down ($68,037), the typical Savannah home costs about $2,310 a month including tax and insurance, which needs a household income of roughly $99,000 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($340,186) is the Zillow Home Value Index for the Savannah - GA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 2.7% over the past year. A home worth $349,626 last year is now worth roughly $340,186.
The median sale price, what homes actually close for, is $352,969. Homes are selling at 97.5% of list price, meaning buyers have room to negotiate.
Homes listed in Savannah - GA sit on the market for roughly 40 days before going pending. Shorter = seller's market; longer = buyer's market.
About 28.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 569 new listings hit the market each month in Savannah - GA. There are currently 2,743 homes for sale, up 0.8% from a year ago.
The typical monthly rent in Savannah - GA is $1,771, down 0.3% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.0x, toss-up (#119 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,884 a month in principal and interest, $113 more than renting before taxes, insurance and upkeep. The two break even at a 6.78% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
Protect what you own.
Sponsored links. See our affiliate disclosure.
Other metros in GA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Atlanta - GA | $375,898 | -1.5% | 46.0d |
| Augusta - GA | $250,497 | +2.9% | 36.0d |
| Columbus - GA | $209,756 | +3.8% | 23.0d |
| Macon - GA | $196,903 | +3.1% | 35.0d |