Savannah, GA Foreclosures
How much do homes sell for in Savannah, GA?
The average home price is currently $556,757.
In Savannah, GA, how many homes are available?
There are currently 230 active home listings available in Savannah.
What’s the average rental cost in Savannah, GA?
The average rental price in Savannah is $1,386.
What is the most expensive home in Savannah?
The most expensive home sold in Savannah had a price of $199,214,088.
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 coastal city known for its beautiful architecture, vibrant arts scene, and rich history. Its iconic parks and charming squares create a picturesque setting perfect for family life and exploration. With a mild climate and proximity to the beach, Savannah offers a dynamic lifestyle with a wide range of activities and amenities.
Current Market Conditions in Savannah, GA
Savannah's real estate market has seen significant demand in recent years, attributed to its status as a desirable location for families, retirees, and investors drawn to its historical charm and picturesque landscapes. As a result, home prices have been steadily increasing, with a competitive market prevailing as buyers seek to secure properties in this vibrant city.
Despite a slowdown in some areas, Savannah's market continues to attract interest, particularly in historic districts and waterfront properties, where inventory remains low and bidding wars are common.
Home Value Estimator For Savannah, GA
There are currently 93,482 real estate properties
in Savannah, GA,
with a median automated valuation model (AVM) price
of $336,617.00. 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 $556,757.00, with the most expensive house
in Savannah, GA, topping out
at $199,214,088.00 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 $1,386.00. 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.
Learn more on Foreclosure homes
