Is Savannah, GA 31410 a buyer’s or seller’s market?

The Savannah housing market right now

In the three months ending August 31, 2026, 13% of homes in Savannah, GA 31410 sold above their list price, the typical home went under contract in 49 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 106 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold about as fast and the median sale price fell 15% to $434,812. Overall, Savannah is about as competitive as it was a year ago.

Within Chatham County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%. On our competition score, Savannah ranks #243 of 371 GA ZIP codes with enough sales (score 27 out of 100).

Nearby, buyers who want less competition could look at Savannah 31411 (3% sold over asking) or Savannah 31401 (5% sold over asking), while Savannah 31408 (21% sold over asking) and Port Wentworth 31407 (18% sold over asking) are even more competitive.