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Preforeclosure Homes in Savannah, GA

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Savannah, GA Foreclosures

Current Market Conditions in in Savannah, GA As of February 2026?
Over the past month, the Savannah real estate market has continued its upward trajectory, with home prices increasing by an average of 3%. The supply of houses remains limited, which has intensified competition among buyers, leading to faster sales. Increased interest rates have not deterred prospective homebuyers significantly, indicating a resilient market fueled by a desirable locale and lifestyle. The seasonal demand spike from summer tourism seems to be influencing the local real estate dynamics as well.
How much do homes sell for in Savannah, GA?
The average home price is currently $553,794.
In Savannah, GA, how many homes are available?
There are currently 67 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 $198,336,032.
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 charming city famous for its historic architecture, vibrant arts scene, and lush greenery. Residents enjoy a warm climate, a strong community spirit, and an array of cultural events. With excellent educational institutions and various recreational opportunities, Savannah offers a high quality of life amidst its picturesque landscapes.

Buyer vs Seller Market in Savannah, GA

The real estate market in Savannah continues to show signs of growth, especially in the historic districts where demand for homes remains strong. With its unique charm and historical significance, properties in downtown Savannah are highly sought after. The influx of new residents and investors has kept the market competitive, driving prices upwards in desirable neighborhoods.

A notable trend is the rise in interest for vacation rentals, which has impacted the housing market significantly. Many buyers are investing in properties to use as short-term rentals due to Savannah's popularity as a tourist destination. This has led to increased property values and ongoing development in certain areas.

Home Value Estimator For Savannah, GA

There are currently 93,463 real estate properties in Savannah, GA, with a median automated valuation model (AVM) price of $335,247.00. 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 $553,794.00, with the most expensive house in Savannah, GA, topping out at $198,336,032.00 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.

Savannah, GA Preforeclosure Homes


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