Is Savannah, MO 64485 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Savannah is a seller’s market. With about 3 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score40/ 100

More competitive than 39% of U.S. ZIP codes, and #183 of 263 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3Under 4 months = seller’s market
Sold above original list15%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$125▲ +1.0% vs. last year

The Savannah housing market right now

In the three months ending August 31, 2026, 15% of homes in Savannah, MO 64485 sold above their list price, the typical home went under contract in 41 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 48%, homes sold more slowly (13 days then) and the median sale price fell 18% to $267,384. Overall, Savannah is less competitive than a year ago, which gives buyers more room.

Within Andrew County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Savannah ranks #183 of 263 MO ZIP codes with enough sales (score 40 out of 100).

Nearby, buyers who want less competition could look at Union Star 64494 (0% sold over asking) or Rosendale 64483 (0% sold over asking), while Rea 64480 (100% sold over asking) and Cosby 64436 (40% sold over asking) are even more competitive.

Nearby markets

Amazonia 64421Buyer’s market $200 /sq ftBolckow 64427Seller’s market $197 /sq ftCosby 64436Seller’s market $142 /sq ftFillmore 64449 — /sq ft Browse all markets →

Where Savannah is

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Questions about Savannah real estate

Is Savannah a buyer’s or seller’s market?

A seller’s market: there were 3 months of supply in Savannah, MO 64485 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Savannah?

The typical home went under contract in 41 days in the latest three months.

Do homes in Savannah sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Savannah?

About 0.73% of a home’s value a year in Andrew County, or roughly $2,920 on a $400,000 home.

What is the median home price in Savannah?

The median sale price was $267,384 in the three months ending August 31, 2026, about $125 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology