Real Estate Market Update for Savannah, GA
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 61% from one year earlier, and up 3% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 39%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 180-thousand dollars. The number of units sold increased 39% year-over-year, and increased 4% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Savannah, GA
Area Information for Savannah, GA
  • Population: 146,246
  • Median Age: 32.68 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 1,416/sq mi
  • Population Change Since 2000: 9.83%
  • Closest Airport: Savannah/hilton Head International
  • Closest College: South University
  • Closest Jr. College: Savannah Technical College
  • Median Household Income: $37,552
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $144,800
  • Closest Major Sports Team: Charleston (sc) Riverdogs (a)
  • Change Avg. Household Income Since 2000: 21.02%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Savannah, GA
Median Age: 32.68 Married: 26% Number of Households: 56,630 Households with Children: 14,341
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Savannah, GA

      School Name Distance Type Grades School Rating Parent Rating
      Urban Christian Academy 0.6 mi Private K-12 0 0
      Coastal Empire Montessori Charter School 2.0 mi Public PRESCHOOL-5 2 0
      Pulaski Elementary School 2.1 mi Public PRESCHOOL-5 2 0
      Haven Elementary School 2.1 mi Public PRESCHOOL-5 0 0
      Derenne Middle School 2.2 mi Public 6-8 0 0
      Gould Elementary School 2.2 mi Public PRESCHOOL-5 1 0
      Hodge Elementary School 2.2 mi Public PRESCHOOL-5 0 0
      Beach High School 2.3 mi Public 9-12 1 3
      Butler Elementary School 2.3 mi Public PRESCHOOL-5 0 0
      Ramah Junior Academy 2.4 mi Private PRESCHOOL-8 0 0
      Matthew Reardon Center Advance Academy 2.6 mi Private UNGRADE-UNGRADE 0 0
      Rambam Day School 2.6 mi Private PRESCHOOL-8 0 0
      Savannah Christian Prep 2.6 mi Private PRESCHOOL-12 0 0
      Memorial Day School 2.8 mi Private PRESCHOOL-12 0 0
      Jacob G. Smith Elementary School 2.8 mi Public PRESCHOOL-5 4 0
      Heard Elementary School 3.0 mi Public PRESCHOOL-5 3 0
      New Beginnings Learning Center 3.0 mi Private - 0 0
      St Paul Academy 3.0 mi Private 3-12 0 0
      Ellis Elementary School 3.1 mi Public PRESCHOOL-8 3 0
      Largo-tibet Elementary School 3.2 mi Public PRESCHOOL-5 1 0
      Providence Christian School 3.2 mi Private PRESCHOOL-12 0 0
      St Frances Cabrini Catholic School 3.4 mi Catholic PRESCHOOL-8 0 0
      Gadsden Elementary School 3.4 mi Public PRESCHOOL-5 0 0
      Bartlett Middle School 3.4 mi Public 6-8 5 0
      Savannah Arts Academy 3.4 mi Public 9-12 5 4
      Calvary Day School 3.4 mi Private PRESCHOOL-12 0 0
      Chatham Academy 3.4 mi Private 1-12 0 0
      White Bluff Elementary School 3.5 mi Public PRESCHOOL-5 1 0
      Uhs Of Savannah Coastal Harbor Treatment Center 3.6 mi Public 5-11 0 0
      Otis J Brock Iii Elementary School 3.6 mi Public PRESCHOOL-5 0 0
      Benedictine Military School 3.7 mi Catholic 9-12 0 3
      Esther F. Garrison School Of Visual And Performing 3.8 mi Public PRESCHOOL-8 4 0
      Garden City Elementary School 3.8 mi Public PRESCHOOL-5 1 0
      Blessed Sacrament School 3.8 mi Catholic PRESCHOOL-8 0 0
      Savannah Classical Academy 3.9 mi Public K-7 1 4
      Woodville-tompkins Technical And Career High Schoo 4.0 mi Public 9-12 0 0
      Woodville-tompkins Technical And Career High School 4.0 mi Public 9-10 0 3
      Jenkins High School 4.0 mi Public 9-12 1 3
      Low Elementary School 4.1 mi Public PRESCHOOL-5 0 0
      Windsor Forest High School 4.2 mi Public 9-12 1 3
      St. James Catholic School 4.2 mi Catholic PRESCHOOL-8 0 0
      Veritas Academy 4.2 mi Private PRESCHOOL-12 0 0
      Hubert Middle School 4.2 mi Public 6-8 0 0
      St Vincent's Academy 4.3 mi Catholic 9-12 0 4
      East Broad Street School 4.3 mi Public PRESCHOOL-8 0 0
      Windsor Forest Elementary School 4.4 mi Public PRESCHOOL-5 1 0
      El Shaddai Academy 4.5 mi Private PRESCHOOL-K 0 0
      Bible Baptist School 4.6 mi Private PRESCHOOL-12 0 0
      Spencer Elementary School 4.6 mi Public PRESCHOOL-5 0 0
      Savannah Country Day School 4.7 mi Private PRESCHOOL-12 0 0
      Myers Middle School 4.7 mi Public 6-8 0 0
      Hesse School 4.9 mi Public PRESCHOOL-8 3 0
      Savannah Christian Middle School 4.9 mi Private 6-8 0 0
      Groves High School 4.9 mi Public 9-12 1 3
      Oglethorpe Charter School 5.0 mi Public 6-8 3 4
      Hancock Day School 5.1 mi Private PRESCHOOL-8 0 0
      Fresh Start Elementary Program 5.2 mi Public - 0 0
      Shuman Elementary School 5.2 mi Public PRESCHOOL-5 0 0
      Mercer Middle School 5.2 mi Public 6-8 0 0
      Johnson High School 5.3 mi Public 9-12 1 4
      The School Of Liberal Studies At Savannah High 5.6 mi Public 9-12 0 3
      Thunderbolt Elementary School 5.7 mi Public PRESCHOOL-5 0 0
      Bethesda Home For Boys School 6.2 mi Private 6-12 0 0
      Georgetown School 6.2 mi Public K-8 2 0
      Isle Of Hope School 6.4 mi Public PRESCHOOL-8 1 0
      Southwest Elementary School 7.0 mi Public PRESCHOOL-5 1 0
      Southwest Middle School 7.1 mi Public 6-8 1 0
      Port Wentworth Elementary School 7.3 mi Public PRESCHOOL-2 1 0
      Coastal Middle School 7.9 mi Public 6-8 3 0
      Island's High School 8.2 mi Public 9-12 3 3
      Marshpoint Elementary School 8.2 mi Public PRESCHOOL-5 4 0
      Howard Elementary School 9.8 mi Public PRESCHOOL-5 4 0
      Godley Station School 10.4 mi Public K-8 4 0
      St. Andrew's School 10.4 mi Private PRESCHOOL-12 0 0
      St Peter The Apostle School 10.8 mi Catholic PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Savannah, GA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.