Market Intelligence Report — GA-340

Savannah, GA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-GA-08
As of the latest 2026 data
Cooling

Median Listing

$400K
-4.5% YoY

Pending Ratio

0.35
-4.4% YoY

Active Inventory

2,418
+15.5% YoY

Median DOM

78 Days
+20.0% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Savannah market?

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The Savannah, GA housing market is cooling, characterized by a pending ratio of 0.35, which represents a 4.4% decline over the past year. This indicates a challenging environment for demand absorption relative to available supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

2.7%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

438,314+1.0% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Savannah market right now.

Active listings have increased by 15.5% over the past year, contributing to an expanding supply environment. Concurrently, new listings have decreased by 9.7% year-over-year, suggesting some moderation in incoming inventory. Median listing prices have experienced a 4.5% year-over-year decline to $399,990, alongside a 1.3% month-over-month contraction, reflecting price adjustments in response to market conditions. Median days on market have extended by 20.0% over the past year, indicating a slower pace of transactions.

Historical Analysis

Market Trends

Median Price

$400K-1.3% MoM

Active Inventory

2,418+15.5% YoY

Days on Market

78+20.0% YoY

Sold Score™

39-4.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

39
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a notable increase in active listings and an extension in median days on market, the current environment places greater emphasis on price discipline. The pace of transactions has decelerated, allowing for more deliberate evaluation of properties. This suggests a market where demand absorption is challenged by available inventory, influencing negotiating dynamics.

Luxury Segment

The average listing price has declined by 5.2% year-over-year to $562,941, indicating some softness at the higher price tiers. The spread between average and median listing prices, at approximately $163,000, suggests that properties at the upper end of the market are experiencing price adjustments.

Supply Dynamics

2,418 active listings represent the current floor, with new supply arriving at roughly 632 per month.

Pricing Pressure
23.5%

of active listings carry a price reduction, -2.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.9% year-over-year.

Absorption
0.35

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Savannah, GA? Homes here are taking 13 days longer to sell than last year.

Buyers have leverage in Savannah, GA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
35%
Median Days on Market
78 days
Inventory YoY
+16%

In a buyer's market, strategy beats timing. See how your home scores in Savannah, GA and what moves the number.

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Metro Demographics

Metro Area
Savannah, GA
CBSA Code
42340
State
GA

ZIPs in Savannah, GA

Sorted by active inventory · click a ZIP for its full report