Savannah, GA metro area Housing Market
Cold MarketComprehensive housing market data for the Savannah, GA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$364K
↓ 2.9% YoY
Days on Market
92 days
↑ 43.8% YoY
Active Inventory
2,764
↑ 9.7% YoY
Homes Sold
578
↓ 0.7% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Savannah, GA metro area Market Summary
The Savannah, GA metro area housing market is cooling down. As of March 2026, the median home sale price is $364K, down 2.9% year-over-year. Homes are spending a median of 92 days on the market, 43.8% longer than a year ago.
There are 2,764 homes for sale — 9.7% more than last year. With 4.8 months of supply, this is a balanced market. 914 new listings were added during this period, down 5.2% year-over-year.
Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 11.9% of homes sell above their asking price. 26.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
78
Contributing Factors
How This Market Compares
vs. National Median
vs. Georgia Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 17% below the national median, which could indicate stronger cash flow potential.
Savannah, GA metro area Market Trends
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Detailed Market Metrics
Median List Price
$388K
Price per Sq Ft
$200
Sale-to-List Ratio
97.6%
Months of Supply
4.8
Sold Above List
11.9%
Price Drops
26.5%
New Listings
914
↓ 5.2% YoY
Pending Sales
725
Off Market in 2 Weeks
25.4%
Other Markets in Georgia
Atlanta, GA metro area
$392K · 59d on market
Augusta, GA metro area
$297K · 72d on market
Gainesville, GA metro area
$389K · 65d on market
Warner Robins, GA metro area
$290K · 62d on market
Macon, GA metro area
$223K · 64d on market
Jefferson, GA metro area
$434K · 103d on market
Valdosta, GA metro area
$280K · 50d on market
Hinesville, GA metro area
$280K · 95d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.