Here’s the number that matters if you’re watching the Savannah real estate market. The typical Savannah home was worth about $325,000 in July 2026, down roughly 2.8% from a year earlier (Zillow Research, Zillow Home Value Index, data through July 2026). That’s a soft year. It isn’t a collapse. Zoom out five years and the same index is up about 35% since July 2021. Both things are true at once, and that tension is the whole story here. Below is what the July data shows, where it came from, and what it still can’t tell you about your own address.
Key Takeaways
- Savannah’s typical home value was about $325,000 in July 2026, down ~2.8% year over year, and still up about 35% since July 2021 (Zillow Research, ZHVI).
- Savannah-metro homes went pending in a median 36 days in July 2026, faster than 42 days a year earlier (Zillow Research).
- About 29% of Savannah-metro listings took a price cut in July 2026, up from roughly 27% a year before (Zillow Research).
- Fort Stewart–Hunter Army Airfield employs over 25,500 people, one of coastal Georgia’s largest employers (U.S. Army, 2026).
What does the Savannah real estate market look like right now?
Softer on price, quicker on pace. Every figure here comes from Zillow’s public home value and market-activity series, running through July 2026, the most recent month posted when we pulled it. Note the metric: the Zillow Home Value Index tracks the typical value of a home in an area, not a median sale price. Readings shift as new months post, so treat them as the state of play through July 2026, not a live quote on your street.
Are Savannah home prices actually falling?
Modestly, yes. As of the July 2026 data, Savannah’s typical home value sat about 5.6% below its October 2024 high and 2.8% under July 2025 (Zillow Research, ZHVI, data through July 2026). Over five years it’s still up roughly 35%. A 2024 buyer may be flat or slightly behind; a 2021 buyer holds real equity. Which one you are changes the answer entirely.
How long are homes taking to sell?
Less time than last summer. Across the Savannah metro the median home went under contract in 36 days in July 2026, down from 42 days a year earlier, with inventory about flat at roughly 2,750 listings (Zillow Research, metro market data, data through July 2026). New listings ran slightly below last July. Supply isn’t piling up, and buyers aren’t waiting.
Our take: Put those two together. Homes are going pending faster than a year ago, yet the share of listings taking a price cut rose to about 29% (Zillow Research, July 2026). A slow market and a picky market look identical in a headline and behave nothing alike. This one is picky. We won’t set a list price off a regional index; we look at your home, your street, and recent nearby closings. Start with a real home valuation.
Which towns in the corridor are moving differently?
Several, and the spread is wider than most coverage admits. In the July 2026 data, typical values ran about (Zillow Research, ZHVI, data through July 2026):
- Pooler: ~$344,000, down ~4.3% year over year
- Richmond Hill: ~$422,000, down ~1.8%
- Hinesville: ~$238,000, down ~0.9%
- Pembroke: ~$280,000, up ~2.4%
- Ellabell: ~$318,000, up ~0.4%
- Tybee Island: ~$632,000, down ~5.0%
North Bryan is the outlier. Pembroke and Ellabell posted gains while the rest of the corridor eased, and over five years they’re up roughly 53% and 51% against Savannah’s 35%. More in our Metaplant effect piece; the rest of the corridor sits on our communities pages.
What keeps demand steady here?
The uniform, mostly. Fort Stewart–Hunter Army Airfield employs over 25,500 people and counts more than 19,000 military retirees in its communities (U.S. Army, 2026), and Hunter sits inside Savannah. Orders don’t wait for a good market, so that movement runs year-round. Many of those buyers use a VA-backed loan, allowing a qualifying purchase with no down payment when the price doesn’t exceed the appraised value (VA.gov, 2026). Inbound on orders? Our PCS center covers the timing.
Frequently Asked Questions
Is now a good time to buy in Savannah?
That depends on your timeline, not on the index. As of July 2026, typical values were down about 2.8% year over year with homes going pending in a median 36 days (Zillow Research). Buyers have more room than in 2022, but well-priced homes still move quickly.
Is Savannah a buyer’s or seller’s market?
It reads as roughly balanced. Inventory held about flat year over year, homes went pending faster than last summer, and close to 29% of listings took a price cut (Zillow Research, July 2026). Sellers are still transacting; buyers have negotiating room they lacked a few years ago.
Why is Pooler down more than Savannah?
The data shows the gap, not the cause. Pooler’s typical value fell about 4.3% year over year against Savannah’s 2.8%, and Pooler sits roughly 6.9% below its September 2024 peak (Zillow Research, July 2026). Heavy new-construction supply is a plausible factor this dataset can’t confirm.
The bottom line
The Savannah real estate market through July 2026 is easing on price and brisk on pace. Values are off modestly and still well above 2021, homes are pending faster than last summer, and roughly three in ten sellers adjust price. Regional averages are a starting point, never an answer for one address. Thinking about selling? Reach out and we’ll pull numbers for your neighborhood and price band.
Sources
- Zillow Research, “Zillow Home Value Index (ZHVI), All Homes (SFR + Condo/Co-op), smoothed and seasonally adjusted, city-level time series,” data through July 2026, retrieved 2026-08-27, https://files.zillowstatic.com/research/public_csvs/zhvi/City_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv
- Zillow Research, “Median Days to Pending, metro-level time series,” data through July 2026, retrieved 2026-08-27, https://files.zillowstatic.com/research/public_csvs/med_doz_pending/Metro_med_doz_pending_uc_sfrcondo_sm_month.csv
- Zillow Research, “For-Sale Inventory, metro-level time series,” data through July 2026, retrieved 2026-08-27, https://files.zillowstatic.com/research/public_csvs/invt_fs/Metro_invt_fs_uc_sfrcondo_sm_month.csv
- Zillow Research, “New Listings, metro-level time series,” data through July 2026, retrieved 2026-08-27, https://files.zillowstatic.com/research/public_csvs/new_listings/Metro_new_listings_uc_sfrcondo_sm_month.csv
- Zillow Research, “Share of Listings With a Price Cut, metro-level time series,” data through July 2026, retrieved 2026-08-27, https://files.zillowstatic.com/research/public_csvs/perc_listings_price_cut/Metro_perc_listings_price_cut_uc_sfrcondo_sm_month.csv
- U.S. Army, “About Fort Stewart & Hunter Army Airfield (Command Data Summary),” retrieved 2026-08-27, https://home.army.mil/stewart/about
- U.S. Department of Veterans Affairs, “VA-backed purchase loan,” retrieved 2026-08-27, https://www.va.gov/housing-assistance/home-loans/loan-types/purchase-loan/