GA · Metro #138

Savannah - GA housing market

The Savannah metro has a typical home value of $345,393, down 2.6% from a year ago. Homes sell in 36 days on average, a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$345,393
-2.6% vs. year ago
Median sale price
$346,666
+0.9% YoY
Median list price
$399,800
Sale-to-list ratio
97.9%
Selling below ask
Days on market
36d
Listings w/ price cut
28.7%
New listings / mo
607
-5.3% YoY
Homes for sale
2,752
-0.4% YoY
Typical rent
$1,818/mo
-0.6% YoY
Rent vs buy
15.8x
Context

How to read this data

The typical home value ($345,393) 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 2.6% over the past year. A home worth $354,613 last year is now worth roughly $345,393.

The median sale price, what homes actually close for, is $346,666. Homes are selling at 97.9% of list price, meaning buyers have room to negotiate.

Homes listed in Savannah - GA sit on the market for roughly 36 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 607 new listings hit the market each month in Savannah - GA. There are currently 2,752 homes for sale, down 0.4% from a year ago.

The typical monthly rent in Savannah - GA is $1,818, down 0.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.8x, toss-up (#126 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,776 a month in principal and interest, $42 less than renting before taxes, insurance and upkeep. The two break even at a 6.89% 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 September 2026. Methodology →

Related

Other metros in GA

MetroHome value1-yr changeDays on market
Atlanta - GA$381,872 -1.7% 37.0d
Augusta - GA$253,288 +2.7% 27.0d
Columbus - GA$209,704 +3.5% 20.0d
Macon - GA$199,964 +2.9% 26.0d
Get new posts in your inbox. No spam, unsubscribe anytime.