Savannah, GA
Housing market overview · Updated weekly
$319,990median sale price
Homes sold
127
Last 12 weeks
Days on market
91
Average pace
Active listings
946
7.4 months supply
Sale-to-list
96.5%
Below asking
The Savannah housing market is currently classified as a buyer's market with a median sale price of $319,990. Prices have fallen 8.6% compared to last year, with homes spending an average of 91 days on market, indicating 7.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Savannah?
The median home sale price in Savannah is $319,990, down 8.6% from last year.
How long do homes stay on market in Savannah?
Homes typically spend 91 days on market before going under contract.
Is Savannah a buyer's or seller's market?
With 7.4 months of supply, Savannah is currently a buyer's market.
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