Savannah Chamber

2026 Economic Trends Brochure

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39 25 Savannah Area Chamber of Commerce 2026 Economic Trends Real Estate Residential Total qualified home sales, including single family homes, townhouses, 2-4 units, and condominiums in Chatham County increased 6.8% in 2025 to an estimated total of 5,896 sales (estimated from data through 11/01/25) as compared to 5,521 in 2024. The median sale price of a qualified home transaction in Chatham County was $358,000, an increase of 4.5% as compared to the 2024 median of $342,600. Market share of sales at greater than $300,000 increased to 68% in 2025 from 63% in 2024. Sales greater than $1 million were 400 units, 14% higher than in 2024. Source: Chatham County Board of Assessors. Includes qualified residential sales. 2025 projected based on data through 11/30/25. Retrieved 12/10/2025. Savannah continues to be in a favorable position with respect to home prices among comparable major metropolitan cities and port cities. Savannah's Zillow-measured $381,650 median list price for a single family home is well below that of the comparable national median list price of $405,967 and Savannah has a relatively affordable housing market compared to southeastern and port cities. Single Family Home Price Comparison, 2025 Southeastern Cities Port Cities Nashville, TN $499,930 San Francisco, CA $1,163,333 Raleigh, NC $430,483 Boston, MA $849,666 Charlotte, NC $421,667 Charleston, SC $639,783 Savannah, GA $381,650 Seattle, WA $744,650 Orlando, FL $371,667 Tampa, FL $439,667 Atlanta, GA $365,233 Virginia Beach, VA $421,633 Gainesville, FL $296,333 Savannah, GA $381,650 Louisville, KY $277,667 Chicago, IL $349,333 Columbia, SC $259,566 New Orleans, LA $330,000 Montgomery, AL $195,909 Jacksonville, FL $288,000 Source: Zillow.com average price for middle price tier single family homes. Retrieved 11/25.

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