City-owned Homes And Land in Savannah, GA 31415

Current Market Conditions in Savannah, GA

The real estate market in Savannah has been experiencing steady growth due to its appealing lifestyle, historic charm, and favorable climate. Home values have increased in recent years, making it an attractive destination for both investors and first-time homebuyers. The demand for rental properties is also rising as more people move to the area for work and education opportunities.

Several neighborhoods in Savannah have shown significant appreciation in property values, particularly in the Historic District, which attracts many tourists and new residents. As the economy continues to improve, the real estate market is expected to remain robust, presenting ample investment opportunities in both residential and commercial sectors.

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.