Savannah - GA housing market
The Savannah metro has a typical home value of $347,751, down 2.7% from a year ago. Homes sell in 37 days on average - a balanced market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($347,751) 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 $357,401 last year is now worth roughly $347,751.
The median sale price , what homes actually close for , is $341,207. Homes are selling at 97.2% of list price, meaning buyers have room to negotiate.
Homes listed in Savannah - GA sit on the market for roughly 37 days before going pending. Shorter = seller's market; longer = buyer's market.
About 26.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 655 new listings hit the market each month in Savannah - GA. There are currently 2,574 homes for sale, up 8.2% from a year ago.
The typical monthly rent in Savannah - GA is $1,774, down 1.6% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.
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.
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Other metros in GA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Atlanta - GA | $381,835 | -2.3% | 37.0d |
| Augusta - GA | $247,401 | +2.6% | 30.0d |
| Columbus - GA | $208,445 | +2.7% | 19.0d |
| Macon - GA | $196,802 | +1.9% | 27.0d |