Savannah Metro Area, GA Housing

Savannah, GA Metro Area is an attractive and desirable place to live. The median value of housing in the area is $288,300, which is slightly lower than the US house median value of $338,100. However, over the past year, the appreciation rate of houses in Savannah has been higher than the national average at 10.71%, compared to 8.27%. This makes it an excellent investment opportunity for people looking for a home in the area. Furthermore, with all that Savannah has to offer from its historical sites and natural beauty there are plenty of reasons why people would choose to live in or around this charming city.

The median home cost in Savannah Metro Area is $288,300. Home appreciation the last 10 years has been 110.2%. Home Appreciation in Savannah Metro Area is up 24.0%.

Average Age of Homes

- The median age of Savannah Metro Area real estate is 31 years old

The Rental Market in Savannah Metro Area

- Renters make up 34.6% of the Savannah Metro Area population
- 3.1% of houses and apartments in Savannah Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Savannah, Georgia	United States
	172,532.0	139,647,020.0
	32	42
	$288,300	$338,100
	24.0%	16.6%
	68.3%	57.0%
	110.2%	101.1%
	$10.09	$10.98
	$2,103	$2,690
	53.9%	57.4%
	11.6%	11.2%
	34.5%	31.4%
Vacant Housing
	3.1%	1.9%
	0.9%	0.4%
	1.1%	0.7%
	0.4%	0.4%
	2.2%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	2.2%	2.4%
	2.0%	2.8%
	3.4%	3.9%
	4.2%	4.5%
	14.6%	11.3%
	18.3%	13.0%
	25.4%	20.1%
	11.2%	13.6%
	5.1%	8.3%
	6.7%	9.7%
	2.3%	3.9%
	1.3%	2.2%
	0.2%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	19.8%	13.6%
	19.8%	13.6%
	14.7%	13.6%
	13.2%	13.2%
	11.2%	14.8%
	14.7%	13.6%
	7.8%	10.0%
	4.2%	4.7%
	8.0%	12.2%

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