Housing Market in Savannah
Savannah's citywide housing figures sit within the wide $331K-$445K range the base record already disclosed as unresolved, and this session's numbers -- $370,000 (Redfin, for the period ending around October 2025, up 8.7% year-over-year) and $359,900 (a separate aggregator citing 1,341 tracked closings as of August 2026) -- narrow that range toward its low-to-mid end without fully resolving it. The more important story for Savannah specifically is how sharply the Historic District diverges from both the citywide figure and the suburban growth ring.
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Learn moreCitywide: A Real, if Imprecise, Read
Redfin cited a $370,000 median sale price for Savannah in data reflecting roughly October 2025, up 8.7% year-over-year; a separate aggregator cited $359,900 as of August 2026 across 1,341 tracked closings. Price per square foot was cited at $196, down 2.2% year-over-year -- a real, if modest, softening in per-square-foot pricing even as the headline median moved up. The market is described as somewhat competitive: homes receive 1 offer on average and sell after about 68 days on market, up from 58 days a year earlier -- a genuine, disclosed cooling signal in pace even where price is still rising.
The Historic District: A Genuinely Distinct, and Disputed, Submarket
This is where Savannah's housing story departs most sharply from a simple citywide number, and where two credible-looking sources disagree on direction rather than just magnitude. One 2025-2026 real-estate report cites the downtown Historic District's median home price surging past $944,000, a 27% year-over-year increase driven by inventory scarcity and luxury demand. A separate source -- Zillow's average-home-value index specifically for the South Historic District -- cites $939,202, down 5.2% over the past year. Both land near the same $940K level but describe opposite recent trajectories; this likely reflects different underlying metrics (a median of actual closed sales vs. an estimated-value index) rather than one source simply being wrong, and is disclosed here as a genuine, unresolved discrepancy rather than picked arbitrarily. Either way, the Historic District runs at roughly 2.5 to 3 times the price level of Savannah's suburban growth areas.
The Suburban Growth Ring
Suburban Chatham County growth areas run at meaningfully lower price points. Pooler homes are listed at a median around $339,711; the broader Savannah metro area is cited at $328,000-$340,000. Richmond Hill is commonly marketed alongside these Chatham County suburbs and carries a lower median owner-occupied home value around $313,400 -- worth flagging directly: this research confirmed Richmond Hill actually sits in neighboring Bryan County, not Chatham County, a distinction worth knowing for anyone comparing county-level tax or school data (see the moving and schools topic pages).
Where the Market Is Headed
2026 industry commentary describes a gradual shift toward balanced-to-slightly-seller-favorable conditions in the Historic District and Ardsley Park specifically, while suburban markets are expected to stay more buyer-friendly as new-construction supply in Pooler, West Chatham, Richmond Hill, and Rincon continues to moderate price appreciation there. This is a real, if source-dependent, divergence in trajectory between Savannah's historic core and its growth suburbs, not a single citywide direction.
Key takeaways
- Citywide median sale price this session: $359,900-$370,000 depending on source and month -- narrowing but not fully resolving the base record's disclosed $331K-$445K range. Price per square foot ($196) is down 2.2% year-over-year even as the median rose.
- Homes sell after about 68 days on market on average, up from 58 days a year earlier -- a real, disclosed cooling-pace signal.
- The Historic District genuinely diverges from the citywide figure: two sources land near $940K but disagree on direction (+27% median sale price vs. -5.2% average value) -- a real, disclosed discrepancy, not a resolved single number.
- Suburban growth areas (Pooler ~$339,711, broader metro $328K-$340K, Richmond Hill ~$313,400) run at roughly a third to a half of the Historic District's price level -- Richmond Hill itself sits in Bryan County, not Chatham County, despite common "Savannah suburb" marketing.
- 2026 commentary expects the Historic District/Ardsley Park to trend toward balanced-to-seller-favorable while new-construction suburbs (Pooler, West Chatham, Richmond Hill, Rincon) stay more buyer-friendly -- a real divergence in trajectory, not a single citywide direction.
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