Savannah housing market
Typical home value
$340K
▼ 2.7% 1 yr
Typical rent
$1,771/mo
▼ 0.7% 1 yr
12-month forecast
−0.6%
#497 of 546 metros
Gross rent yield
6.2%
#227 of 546 · U.S. 6.3%
Days to pending
74 days
▼ −2 days 1 yr
Listings with a price cut
29%
▲ +1.9 pts 1 yr
Key takeaways
- 1The typical home is worth $340,186, down 2.7% in a year and up 31% over five years.
- 2Zillow forecasts home values falling 0.6% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,771/mo (−0.7% YoY), a 6.2% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,869/mo in principal and interest, $98 more than renting.
- 5Homes go under contract in 74 days (−2 days vs last year); 29% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 28/100, #467 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Savannah compares
| Measure | Savannah | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −2.7% | +1.2% | #538 |
| Home value, 5-yr change | +31.1% | +19.7% | |
| 12-month forecast | −0.6% | +1.1% | #497 |
| Rent, 1-yr change | −0.7% | +2.7% | #537 |
| Gross rent yield | 6.2% | 6.3% | #227 |
| Price-to-rent ratio | 16.0 | 15.8 | |
| Mortgage P&I on typical home | $1,869 | $2,012 | |
| Income needed to buy | $95,237 | $100,902 | |
| Days to pending | 74 | 56 |
Cities in the Savannah metro
4 cities with home value and rent data.
| Savannah | $319K | ▼ 3.0% | $1,712 | ▼ 1.2% | 6.4% |
| Richmond Hill | $418K | ▼ 1.5% | $2,215 | ▲ 1.2% | 6.4% |
| Pooler | $339K | ▼ 4.5% | $1,827 | ▼ 1.1% | 6.5% |
| Port Wentworth | $289K | ▼ 2.4% | $1,784 | ▼ 3.2% | 7.4% |
Run the numbers
Rental property calculator
Cash flow on a typical Savannah rental ($340K, $1,771/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Savannah home.
Rent vs buy
Is it cheaper to rent or buy in Savannah?
Other Georgia metros
Atlanta, GA
$376K home$1,843 rent5.9% yield
▼ 1.5% 1 yr
Augusta, GA
$250K home$1,464 rent7.0% yield
▲ 2.9% 1 yr
Columbus, GA
$210K home$1,353 rent7.7% yield
▲ 3.8% 1 yr
Macon, GA
$197K home$1,212 rent7.4% yield
▲ 3.1% 1 yr
Athens, GA
$367K home$1,776 rent5.8% yield
▲ 1.8% 1 yr
Gainesville, GA
$386K home$1,701 rent5.3% yield
▼ 1.3% 1 yr
Warner Robins, GA
$254K home$1,505 rent7.1% yield
▲ 2.9% 1 yr
Albany, GA
$168K home$1,077 rent7.7% yield
▲ 3.9% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.