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Featured local agent — Cane Savannah, SC

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Sarah Mitchell

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Compass Real Estate · Cane Savannah, SC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cane Savannah, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cane Savannah, SC Housing Market

Balanced market-6.9% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $322,250, -6.9% year over year (through May 2026). With 3.0 months of supply and homes going under contract in about 24 days, Cane Savannah is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $322,250 home is about $1,720/mo in principal and interest.

Key numbers for Cane Savannah, SC

Median sale price

$322,250

-6.9% year over year

Redfin, through May 2026

Days on market

24

Average pace

Redfin, through May 2026

Active listings

6

3.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Sale-to-list ratio

99.6%

Selling below asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Cane Savannah a buyer's or seller's market?

Balanced market3.0 months of supply24 days on market99.6% of asking

Cane Savannah, SC is a balanced market, based on 3.0 months of supply and homes selling in about 24 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Cane Savannah housing market data show?

Every row below is Redfin's final published month for Cane Savannah, SC. Redfin, through May 2026

Housing market statistics for Cane Savannah, SC, Redfin through May 2026
MetricValue
Median sale price$322,250
Median list price$390,000
Year-over-year price change-6.9%
Median price per sq ft$170/sq ft
Median days on market24 days
Active inventory6 listings
Months of supply3.0 months
Sale-to-list price ratio99.6%
Homes sold (that month)2
New listings (that month)4
Listings with a price cut16.7%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Cane Savannah is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Cane Savannah is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Cane Savannah home prices moved?

Over the last three years the median sale price in Cane Savannah, SC fell 2.3%, from $330,000 to $322,250. 16.7% of Cane Savannah listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 99.6%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Cane Savannah?

Priced off the median sale price of $322,250 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Cane Savannah, SC
Down paymentCash at closeLoan amountMonthly P&I
20%$64,450$257,800$1,720/mo
5%$16,113$306,138$2,043/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,720, that implies roughly $73,729 a year before you add taxes and insurance. We do not hold a Census income figure for Cane Savannah, so we cannot compare that threshold to local earnings.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Cane Savannah in the next 12 months?

Tell us your timeline. We send the Cane Savannah market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Cane Savannah?

Zillow does not publish a rent index (ZORI) for Cane Savannah, SC, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Cane Savannah?

Active listings in Cane Savannah, SC went from 10 in March 2025 to 6 in May 2026, a -40.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Cane Savannah, SC
MonthActive listingsNew listings
April 202591
May 202572
June 202582
July 202553
August 202562
September 202562
October 202562
November 202595
January 202681
March 202684
April 20263not published
May 202664

Redfin, through May 2026

How does Cane Savannah compare to South Carolina and the U.S.?

Cane Savannah homes sell for $322,250 — 18% below the South Carolina median of $394,000. Against the national median of $410,700, Cane Savannah runs 22% lower. Year-over-year, Cane Savannah moved -6.9% against South Carolina's +1.2% — a bigger swing than the state as a whole.

Cane Savannah, SC compared with South Carolina and the United States
MarketMedian sale priceYoYDays on market
Cane Savannah, SC$322,250-6.9%24 days
South Carolina statewide$394,000+1.2%72 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Cane Savannah

What buyers should watch

  • Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 16.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $323 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $322,250 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Cane Savannah listing goes under contract in 24 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Cane Savannah added 4 new listings against 2 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Cane Savannah varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Cane Savannah

There are currently 6 homes listed for sale in Cane Savannah, South Carolina. The median listing price is $390K.

Active listings

6

Homes on market

Median list price

$390K

Avg. days on market

24

Days until sale

New this week

4

Newly listed

Price drops:16.7%of listings
Sale-to-list:99.6%

How much do homes cost in Cane Savannah by property type?

How the Cane Savannah, SC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Cane Savannah, SC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$322,250$170/sq ft224 days

Who lives in Cane Savannah?

American Community Survey estimates for Cane Savannah. U.S. Census ACS, 2023

Population

1,497

Households

457

Median age

47.8 years

Owner-occupied

85.1%

Median home value

$162,500

Mean commute

22 min

85.1% of occupied homes in Cane Savannah are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Cane Savannah, SC?

Ordered by distance from Cane Savannah, not by size. Compare Cane Savannah side by side with any of them.

Cane Savannah housing market FAQ

Is Cane Savannah a buyer's or seller's market?

Cane Savannah, SC is currently a balanced market. That read comes from 3.0 months of supply, homes going under contract in about 24 days, and sellers getting 99.6% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Cane Savannah?

The median sale price in the last month Redfin published was $322,250, about $170 per square foot.

Is Cane Savannah cheaper than the rest of South Carolina?

Cane Savannah's median sale price of $322,250 is 18% lower than the South Carolina statewide median of $394,000, and 22% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Cane Savannah?

Homes in Cane Savannah, SC spent a median of 24 days on market before going under contract, versus 72 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Cane Savannah?

At the current 30-year fixed rate of 7.03%, 20% down on a $322,250 home is about $1,720 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $73,729 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in Cane Savannah?

Redfin's last published year-over-year change for Cane Savannah, SC was -6.9%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Cane Savannah?

Cane Savannah ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Cane Savannah?

That depends on your timeline, not on a headline. What the data says today: Cane Savannah, SC is a balanced market with 3.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $322,250, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.