Savannah, GA Home Values & Market Trends
Real estate market trends reflect that there have been 6,503 transactions over the past year in Savannah. The median value for residential home transactions that occurred over the previous year is $324,395.19. The number of current listings in Savannah is 494, and the percentage of properties for sale in the city is 81.65%. Savannah, GA currently has 111 properties in foreclosure, 6 bank owned properties, 105 properties headed for auction, and 494 properties for sale.
Housing Market Summary for Savannah, GA
| May 2022 | May 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $351.6K | $300K | -14.69% |
| Median Sold Price | $259.5K | $300K | 15.59% |
| Homes For Sale | 548 | 494 | -9.85% |
| Homes Sold | 3,219 | 1,746 | -45.76% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Savannah, GA
Browse Homes in Savannah, GA
Savannah home values range from $22,000 to $57,151,331. The median estimated value of a home in Savannah is $324,395.19. The median list price of a home is 433,749.75, and the total count of properties in the city is 78,102.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Savannah, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 11 zips within Savannah, GA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Savannah, GA ranges from the highest value of $435,208 in 31419 to the lowest value of $94,829 in 31405. Bank owned homes and properties account for 0.01% of properties in Savannah, GA. There are 11 zips within Savannah, GA; 31419 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions31419 has 30 auction properties, the highest number of properties going to auction in a single zip in the state of Savannah, GA. Auction homes and other auction properties account for 0.13% of all properties in Savannah, GA. There are 11 zips within Savannah, GA; of those zips, the median estimated home value for homes going to auction ranges from $746,925 in 31405 to the lowest value of $38,319 in 31405.
