The Downtown Savannah housing market is not very competitive. The median sale price of a home in Downtown Savannah was $669K last month, down 16.2% since last year. The median sale price per square foot in Downtown Savannah is $550, up 32.9% since last year.
What is the housing market like in Downtown Savannah today?
In April 2024, Downtown Savannah home prices were down 16.2% compared to last year, selling for a median price of $669K. On average, homes in Downtown Savannah sell after 77 days on the market compared to 55 days last year. There were 32 homes sold in April this year, down from 40 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$668,500
-16.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Savannah, GA
$668,500
-16.2%
United States
To compare other locations to the Downtown Savannah and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Savannah add value to a home.
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How hot is the Downtown Savannah housing market?
Downtown Savannah is not very competitive. Homes sell in 76 days.
0
100
26
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 76 days.
Hot homes
can sell for about 1% below list price and go pending in around 26 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Savannah housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Savannah.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Savannah has a moderate risk of flooding. 184 properties in Downtown Savannah are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Downtown Savannah. Flood risk is increasing slower than the national average.
87% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Savannah has a moderate risk of wildfire. There are 3,199 properties in Downtown Savannah that have some risk of being affected by wildfire over the next 30 years. This represents 87% of all properties in Downtown Savannah.
72% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Savannah has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Savannah is most at risk from hurricanes. 2,642 properties in Downtown Savannah have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 131 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 159 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Savannah has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Savannah have an Extreme Heat Factor®.
Downtown Savannah is expected to see a 157% increase in the number of days over 108ºF over the next 30 years. Downtown Savannah is expected to experience 7