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Foreclosures in Savannah, GA 31408

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Savannah, GA Foreclosures

How much do homes sell for in Savannah, GA?
The average home price is currently $463,215.
In Savannah, GA, how many homes are available?
There are currently 58 active home listings available in Savannah.
What’s the average rental cost in Savannah, GA?
The average rental price in Savannah is $1,385.
What is the most expensive home in Savannah?
The most expensive home sold in Savannah had a price of $77,943,448.
What is currently the cheapest priced home in Savannah, GA?
The cheapest home for sale in Savannah is priced at $10,017.

Living in Savannah, GA

Savannah, GA, is a historic city with a vibrant cultural scene and beautiful architecture. Known for its picturesque parks and waterfront views, it offers various outdoor activities for residents. The combination of a rich historical background and modern amenities makes Savannah an attractive location for both families and individuals.

Current Market Conditions in Savannah, GA

Savannah's real estate market remains competitive, with a consistent demand for both residential and rental properties. The city has seen a steady increase in home prices, largely driven by its attractiveness to new residents and the growth of its tourism sector. New developments and renovations in historic areas further contribute to property value appreciation.

The rental market in Savannah is also robust, with strong demand for apartment rentals in the downtown area and near the Savannah State University. This demand is supported by the influx of both students and professionals seeking employment opportunities in the area.

Home Value Estimator For Savannah, GA

There are currently 77,098 real estate properties in Savannah, GA, with a median automated valuation model (AVM) price of $329,146.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Savannah, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Savannah, GA, is $463,215.00, with the most expensive house in Savannah, GA, topping out at $77,943,448.00 and the cheapest home in Savannah, GA, clocking in at $10,017.00. In other words, there’s something for every potential homebuyer or savvy investor in Savannah, GA!

Rent Prices In Savannah, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Savannah, GA, is on a rollercoaster ride. The average rent price in Savannah, GA, is $1,385.00. Indeed, when looking to rent in Savannah, GA, you can expect to pay as little as $580.00 or as much as $4,300.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Savannah, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Savannah, GA 31408 Foreclosures

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