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Savannah housing market: home prices, trends and forecast

Savannah home prices: the Zillow Home Value Index put a typical home in Savannah, Georgia at $318,893 in September 2026. That was down 3.0% from a year earlier and 6.0% under the October 2024 peak of $339,191.

Value of a typical home
$318,893
September 2026, Zillow ZHVI
Change over 12 months
Since September 2025, the change was −3.0%.
Change over 10 years
Since September 2016, the change was +94.1%.
Since 2000, multiple
That is ×3.0 from $107,096.
Time on the market
79
Metro area: Savannah, GA. Source: Realtor.com.

Savannah home prices since 2000

Savannah appears on the steel line, while the United States appears on the grey line. Since January 2000, the typical Savannah home increased from $107,096 to $318,893, a multiple of ×2.98, compared with ×2.99 for the US during those same months. The boom peak was $177,754 in April 2008; the low reached $134,676 in March 2012, −24.2%.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $107,096$366,157$318,893Sep 2026SavannahUnited States$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $107k$366k$319kSep 2026
Typical-home Zillow Home Value Index, smoothed and seasonally adjusted. Zillow Research data
January 2000 · $107,096

Savannah median home price by year

Each yearly figure averages the twelve monthly values; for 2026, the latest month is shown.

YearSavannahChange on the yearUnited States
2000$109,206$125,745
2001$115,731+6.0%$134,899
2002$120,238+3.9%$144,276
2003$126,016+4.8%$155,308
2004$137,665+9.2%$169,891
2005$154,288+12.1%$189,732
2006$168,108+9.0%$206,531
2007$177,161+5.4%$208,449
2008$174,932−1.3%$195,574
2009$162,674−7.0%$177,542
2010$157,331−3.3%$171,462
2011$143,227−9.0%$162,508
2012$137,031−4.3%$161,137
2013$141,896+3.6%$171,420
2014$150,052+5.7%$182,996
2015$157,076+4.7%$192,738
2016$164,193+4.5%$204,509
2017$168,532+2.6%$216,767
2018$180,251+7.0%$230,541
2019$191,138+6.0%$242,088
2020$203,454+6.4%$257,151
2021$233,640+14.8%$295,959
2022$280,503+20.1%$340,014
2023$310,534+10.7%$348,160
2024$334,797+7.8%$359,751
2025$331,608−1.0%$362,959
September 2026$318,893−3.0%$366,157

Current value of a Savannah home bought in any year

An index-based estimate of a typical home rather than an appraisal.

Each year's figure averages its twelve monthly index values; the current value is September 2026. Other choices include a home appreciation calculator.

Are you considering a sale? See how local agents compare on Realtor.com. Advertising disclosure: links like this one may pay the site, but they never change a number. Disclosure.

Savannah housing market forecast

Zillow's metro forecast for Savannah, GA calls for a 0.6% decline over the 12 months beginning September 2026 and a 0.2% decline during the next three months. On Savannah's typical value of $318,893, the forecast would put the price near $317,000 a year from now.

Zillow's central estimate for the metro is restated here; the site does not publish its own forecast. Forecasts over 12 months like this one have usually landed several percentage points away from the realised change, sometimes above it, sometimes below. This is not investment advice.

All metro forecasts appear in one table: housing market forecast.

Savannah housing market crash risk score

58 out of 100, considered high

Five conditions that reached high levels before earlier price falls form the basis for ranking Savannah against the 292 cities. Every input gets a score from 0 to 100 when compared with the other cities, and the five scores are averaged with equal weight. This measures current conditions and does not forecast a crash.

InputValueSub-scoreWeight
Active listings vs 2019+0.3%4820%
Time on the market vs 2019+3.9%4820%
Price-to-rent ratio15.53120%
Price-to-income ratio5.77020%
12-month price change−3.0%9420%

This is not investment advice. Scoring details for the inputs: methodology. Rankings for all 292 cities: crash risk by city.

Savannah inventory and days on market

With 2,456 homes for sale during September 2026 the Savannah, GA metro saw +16.7% growth from a year earlier and +0.3% growth from the same month in 2019. Selling took a median of 79 days (+3.9% against 2019); 22.9% of listings had a price reduction.

Savannah, GA metro, September 2026ValueOn a year
Active listings2,456+16.7%
New listings612
Median days on market79+18.1%
Median list price$399,900−3.6%
Share with a price cut22.9%

Metro inventory: Realtor.com® Economic Research. Realtor.com figures. All metro areas: days on market by city.

Living costs and rent in Savannah

The Zillow Observed Rent Index puts Savannah's typical asking rent at $1,712 a month, −1.1% on a year. A typical home equals 15.5 years of that rent. Median household income stands at $55,907 (Census ACS 2024), which puts a typical home at 5.7 times one year's income. On BEA figures, metro prices stand at 95.2 where the US average is 100, and housing costs at 86.0.

Other Georgia housing markets

For the whole state: Georgia housing market.

How to read the chart

Points on the chart plot the Zillow Home Value Index for Savannah. That index covers the typical home, from the middle third of the housing market, smoothed and seasonally adjusted, in dollars for the month. The hollow dot shows the month selected on the slider, while the terracotta dot marks the latest month. These numbers do not account for inflation, and the index tracks a typical home rather than any one house. Use the card above or the home appreciation calculator to calculate a single home's value from its sale price.