$215,000
310 Tibet Ave Apt 8
Savannah, GA
2 bd2 ba
Condo
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Sarah Mitchell
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Compass Real Estate · Savannah, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Savannah, GA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Savannah, GA Housing Market & Real Estate
Buyer's market-0.3% YoY
Housing market overview · Updated monthly ·
$340,000median sale price
How is the Savannah, GA housing market right now?
The median home sale price in Savannah, GA is $340,000, down 0.3% year-over-year. Homes sell in an average of 88 days with 1,071 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Savannah a buyer's or seller's market?
Buyer's market5.6 months of supply88 avg. days on market
Savannah, GA is currently a buyer's market, based on 5.6 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
191
Last 12 weeks
Days on market
88
Average pace
Active listings
1,071
5.6 months supply
Sale-to-list
97.7%
Below asking
What does the Savannah housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $340,000 |
| Median list price | $369,000 |
| Year-over-year price change | -0.3% |
| Average days on market | 88 days |
| Active inventory | 1,071 listings |
| Months of supply | 5.6 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $199/sq ft |
| Homes sold (latest month) | 191 |
| New listings (latest month) | 263 |
| Listings with a price cut | 27.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Savannah by property type?
How the Savannah, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $345,000 | $199/sq ft | 155 | 83 days |
| Condo / Co-op | $225,750 | $184/sq ft | 14 | 111 days |
| Townhouse | $335,000 | $205/sq ft | 15 | 96 days |
Source: Redfin · Updated monthly
The Savannah housing market is currently classified as a buyer's market with a median sale price of $340,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 88 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Savannah
There are currently 1,071 homes listed for sale in Savannah, Georgia. The median listing price is $369K. Featured listings range from $215,000 to $432,188.
$265,000
24 W 49th St
Savannah, GA
2 bd2 ba1,376 sqft$193/ft²
House8,407 sqft lot
View photos & details
$289,000
6 Jasmine Ct
Savannah, GA
3 bd2 ba1,518 sqft$190/ft²
House7,405 sqft lot
View photos & details
$300,000
171 Greyfield Cir
Savannah, GA
4 bd3 ba1,902 sqft$158/ft²
House8,799 sqft lot
View photos & details
$333,994
125 Wilderness Rd
Savannah, GA
3 bd2 ba1,504 sqft$222/ft²
House
View photos & details
$365,120
183 Brookline Dr
Savannah, GA
3 bd2 ba1,821 sqft$201/ft²
House
View photos & details
$369,469
132 Geranium Way
Savannah, GA
5 bd4 ba2,407 sqft$153/ft²
House
View photos & details
$393,616
197 Brookline Dr
Savannah, GA
4 bd3 ba1,870 sqft$210/ft²
House
View photos & details
$401,243
241 Green Meadow Dr
Savannah, GA
3 bd3 ba2,428 sqft$165/ft²
House
View photos & details
$413,875
127 Wilderness Rd
Savannah, GA
4 bd4 ba2,516 sqft$164/ft²
House
View photos & details
$427,570
222 Brookline Dr
Savannah, GA
5 bd3 ba2,956 sqft$145/ft²
House
View photos & details
$432,188
47 Blues Dr
Savannah, GA
5 bd3 ba2,956 sqft$146/ft²
House
View photos & details
Looking to buy in Savannah?
Get connected with a local real estate expert — free, no obligation.
Active listings
1,071
Homes on market
Median list price
$369K
Avg. days on market
88
Days until sale
New this week
263
Newly listed
Price drops:27.5%of listings
Sale-to-list:97.7%
Who lives in Savannah?
Population
147,546
Median income
$56,782/yr
Median age
33.7 years
Owner-occupied
44.4%
College grads
32.0%
Avg commute
20.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Savannah?
Zillow home value
$326,616
Zillow rent index
$1,807/mo
Price-to-rent ratio
15.1x
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Savannah?
Savannah is a community of approximately 148K residents with a median age of 33.7 years.The median household income is $56,782, which represents a working-class community with solid middle-income opportunities. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 44.4%, showing a blend of owner and renter-occupied properties. The average commute time is 20.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Savannah offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Savannah?
49 schools tracked · 27,721 students
The largest public schools serving Savannah, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Jenkins High School
Grades 9-12 · 1,179 students
Godley Station School
Grades PK-8 · 1,133 students
Windsor Forest High School
Grades 9-12 · 1,007 students
Hesse School
Grades PK-8 · 995 students
Beach High School
Grades 9-12 · 904 students
Gould Elementary School
Grades PK-5 · 887 students
Savannah Arts Academy
Grades 9-12 · 853 students
Islands High School
Grades 9-12 · 814 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Savannah, GA?
Want a head-to-head view? Compare Savannah side-by-side with any other U.S. city using our market-comparison tool.
Is Savannah a good real estate investment market?
For investors evaluating Savannah, the price-to-rent ratio of 15.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Savannah's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Savannah's median home price.
Frequently asked questions
What is the average home price in Savannah?
The median home sale price in Savannah is $340,000, down 0.3% from last year.
How long do homes stay on market in Savannah?
Homes typically spend 88 days on market before going under contract.
What is the median income in Savannah?
The median household income is $56,782 per year.
Is Savannah a buyer's or seller's market?
With 5.6 months of supply, Savannah is currently a buyer's market.
How many homes are for sale in Savannah?
There are currently 1071 homes listed for sale in Savannah, GA.
What is the Zillow home value estimate for Savannah?
The Zillow Home Value Index (ZHVI) for Savannah is $326,616, representing the typical home value in the area.
What is the median condo price in Savannah?
The median condo/co-op sale price in Savannah, GA is $225,750, compared to $345,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Savannah?
The median single-family home price in Savannah, GA is $345,000 (about $199 per square foot).
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