Savannah home values
Savannah at a glance
- Zillow’s Home Value Index puts the typical home at $323,100 (Aug 2026), −3.7% over the past 12 months and +30% over five years.
- The Census median home value in Savannah is about $266,700 — 12% below Georgia overall and 22% below the U.S. median.
- Median household income is about $60,700; median rent about $1,325/month.
- Neighborhood values range from $193K to $478K across 5 distinct ZIP codes.
Savannah home value trend
Over the 12 months to Aug 2026, typical home values in Savannah fell 3.7%, to about $323,100. That is 3.4 percentage points slower than Georgia (−0.3%). Values are 7.4% below their peak of $349,100 in Oct 2024. Over five years the typical home gained $75,100 in value (+30%).
Year-by-year values
| Month | Typical value | Change vs year before |
|---|---|---|
| Aug 2026 | $323,100 | −3.7% |
| Aug 2025 | $335,300 | −3.7% |
| Aug 2024 | $348,200 | +7.2% |
| Aug 2023 | $324,800 | +8.3% |
| Aug 2022 | $299,800 | +20.9% |
| Aug 2021 | $248,000 | +19.2% |
| Aug 2020 | $208,100 | +6.7% |
| Aug 2019 | $195,100 | +7.1% |
| Aug 2018 | $182,200 | +8.4% |
| Aug 2017 | $168,100 | +3.8% |
| Aug 2016 | $162,000 | — |
Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.
About Savannah
Savannah is a city in and the county seat of Chatham County, Georgia, United States. Established in 1733 on the Savannah River, it is the oldest city in the state, and was the capital of the colonial Province of Georgia and later the first state capital of Georgia. A strategic port city in the American Revolution and during the American Civil War, Savannah today is an industrial center and an important Atlantic seaport. The city is the most populous in the Coastal Georgia region and the fifth-most populous in the state as a whole, with a population of 147,780 at the 2020 census and an estimated 149,440 in 2025. The Savannah metropolitan area, with about 438,000 residents in 2025, is the third-largest metro area in the state.
Source: en.wikipedia.org (CC BY-SA)
Savannah home value score
from local value, rent & income
In Savannah (6 ZIPs), rents are moderate relative to prices, and homes are moderately priced against local incomes.
How the Value Score is built
Computed figures
A transparent value snapshot — computed from U.S. Census ACS (2023) for Savannah (6 ZIPs): home value, gross rent and household income. It is not a market-timing or appreciation forecast.
Savannah neighborhoods compared
| Name | Home value | 1-yr | Income | Rent | Price / income |
|---|---|---|---|---|---|
| Ardsley Park ZIP 31405 · shared | $305K | −2.2% | $62K | $1,431 | 4.9× |
| Baldwin Park ZIP 31401 · shared | $478K | −3.3% | $50K | $1,428 | 9.5× |
| Chatham Crescent ZIP 31405 · shared | $305K | −2.2% | $62K | $1,431 | 4.9× |
| Cuyler-Brownville city data | $112K | −12.1% | $38K | $973 | 3.0× |
| Eastside city data | $112K | −12.1% | $38K | $973 | 3.0× |
| Georgetown city data | $112K | −12.1% | $38K | $973 | 3.0× |
| Gordonston ZIP 31404 · shared | $193K | −5.1% | $50K | $1,199 | 3.9× |
| Historic District ZIP 31401 · shared | $478K | −3.3% | $50K | $1,428 | 9.5× |
| Isle of Hope | $261K | −3.5% | $66K | $1,340 | 3.9× |
| Southside ZIP 31419 · shared | $240K | −2.2% | $71K | $1,344 | 3.4× |
| Starland District ZIP 31401 · shared | $478K | −3.3% | $50K | $1,428 | 9.5× |
| Thomas Square city data | $112K | −12.1% | $38K | $973 | 3.0× |
| Thunderbolt ZIP 31404 · shared | $193K | −5.1% | $50K | $1,199 | 3.9× |
| Vernonburg ZIP 31419 · shared | $240K | −2.2% | $71K | $1,344 | 3.4× |
| Victorian District ZIP 31401 · shared | $478K | −3.3% | $50K | $1,428 | 9.5× |
| West Savannah city data | $112K | −12.1% | $38K | $973 | 3.0× |
| Windsor Forest ZIP 31419 · shared | $240K | −2.2% | $71K | $1,344 | 3.4× |
Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.
Savannah vs Georgia and the U.S.
| Savannah | Georgia | U.S. | |
|---|---|---|---|
| Typical value (Zillow, Aug 2026) | $323,100 | $327,300 | — |
| 1-year change | −3.7% | −0.3% | — |
| 5-year change | +30% | +18% | — |
| Median home value (Census) | $266,700 | $303,600 | $340,200 |
| Median household income | $60,700 | $70,300 | $78,500 |
| Median gross rent | $1,325/mo | $1,332/mo | $1,406/mo |
| Price-to-income ratio | 4.4× | 4.3× | 4.3× |
| Gross rental yield | 6.0% | 5.3% | 5.0% |
| Rent as share of income | 26% | 23% | 21% |
| Mortgage payment* | $1,349/mo | $1,535/mo | $1,720/mo |
Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.
What it costs to buy a home in Savannah
At today’s typical value of $323,100 (Zillow, Aug 2026), a buyer putting 20% down ($64,620) and financing the rest at 6.5% over 30 years would pay about $1,634 a month in principal and interest — 32% of the median household income here. That is above the common 28% guideline but under 36%, so budgets are stretched but workable for a median earner. The median rent is $1,325/month, so owning costs roughly 23% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.
Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.
What this means for buyers, sellers and investors in Savannah
Buyers
At 4.4× local income, prices are moderate — compare a few nearby areas before committing. Prices have eased 3.7% over the past year, which gives buyers more room to negotiate.
Sellers
Values are down 3.7% on the year, so price to today’s market rather than last year’s peak — and get a home-specific estimate: condition and size move the number more than the area average.
Investors
A gross rental yield of 6.0% is middling — returns depend on buying below the typical price or adding value.
Savannah real estate FAQ
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Estimates are informational only and are not an appraisal.
Other cities in Georgia
About this data
Data last updated: September 2026.
Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.
Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.
The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.
Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.
These are area-level statistics, not an appraisal of any individual property, and not financial advice.
Sources: U.S. Census ACS · Zillow ZHVI.