Savannah Real Estate Market Update – February 2026
Savannah Real Estate Market Update - February 2026
Housing Trends Across Savannah, Chatham, Effingham, Bryan & Liberty Counties
The Savannah-area housing market continued to evolve in February as inventory increased across the region and buyers adjusted to a market that is gradually moving toward more balanced conditions.
While some areas experienced slower sales activity compared to last year, others saw continued demand and increased listings. As always, the story varies depending on the specific market.
Here’s a closer look at what happened across the Savannah area in February.
Savannah Housing Market - February 2026
Savannah’s single-family housing market saw continued adjustment compared to the same time last year.
• New listings declined 7.9%
• Pending sales were down 13.3%
• Closed sales dropped 23.9%
• Inventory increased 27.1%
Homes are taking longer to sell, with days on market rising to 83 days, giving buyers more time to evaluate their options.
Pricing also adjusted:
• Median price: $334,900 (↓ 11.8%)
• Average price: $418,510 (↓ 13.5%)
The increase in inventory combined with slower sales activity indicates the Savannah market is continuing to shift toward more balanced conditions.
Chatham County Real Estate Trends
Chatham County saw a similar trend in February, with inventory increasing while sales activity slowed compared to last year.
• New listings declined 7.7%
• Pending sales decreased 5.1%
• Closed sales dropped 20.8%
• Inventory increased 21.8%
Homes are taking longer to sell, with the average days on market increasing to 85 days.
Pricing softened slightly year-over-year:
• Median price: $349,045 (↓ 6.9%)
• Average price: $428,732 (↓ 8.2%)
Despite these adjustments, well-priced homes continue to attract strong interest from buyers.
Effingham County Housing Market
Effingham County continued to show steady activity with increased listings and strong buyer interest.
• New listings increased 13.8%
• Pending sales rose 10.3%
• Closed sales remained nearly unchanged
• Inventory increased 52.3%
Pricing remained relatively stable:
• Median price: $349,200 (↑ 2.4%)
• Average price: $372,476 (↓ 3.2%)
The increase in inventory is giving buyers more choices while maintaining steady market demand.
Bryan County Real Estate Market
Bryan County experienced mixed signals in February.
• New listings increased 6.6%
• Pending sales declined 8.8%
• Closed sales fell 40.3%
• Inventory increased 7.3%
Homes sold slightly faster this month, with days on market dropping to 73 days.
Pricing adjusted slightly:
• Median price: $409,500 (↓ 7.3%)
• Average price: $466,958 (↓ 8.7%)
Overall, the Bryan County market remains active, but buyers are becoming more selective.
Liberty County Housing Market
Liberty County saw increased activity in February with both listings and sales rising compared to last year.
• New listings increased 16.4%
• Pending sales rose 20.0%
• Closed sales increased 20.8%
• Inventory jumped 48.6%
Homes are taking longer to sell, with days on market increasing to 82 days.
Pricing adjusted modestly:
• Median price: $266,075 (↓ 3.8%)
• Average price: $259,817 (↓ 9.7%)
Even with increased inventory, Liberty County continues to attract buyers seeking affordability and value.
Savannah vs. National Housing Market
Nationally, the housing market is showing a different trend.
According to the National Association of Realtors, the median existing-home price increased 0.9% year-over-year to $396,800, setting a new high for the month.
Housing supply nationwide remains limited, with 1.22 million homes available, representing about a 3.7-month supply.
In comparison, the Savannah market currently has about a 4.7-month supply, giving buyers more options locally than the national average.
What This Means for Buyers and Sellers
Across the Savannah area, the housing market is transitioning toward a healthier balance.
Buyers benefit from:
• More homes to choose from
• Less urgency and competition
• Greater negotiating flexibility
Sellers benefit from:
• Continued buyer demand
• Strong interest for well-priced homes
• Opportunity with the right pricing strategy
The Bottom Line
The Savannah housing market isn’t slowing - it’s stabilizing.
Rising inventory and shifting buyer behavior are creating more balanced conditions across the region. Understanding local trends and pricing correctly has become more important than ever.
Thinking About Buying or Selling?
Whether you're planning a move soon or simply watching the market, understanding what’s happening in your specific neighborhood can make all the difference.
If you’d like a personalized update on your neighborhood values, feel free to reach out anytime.
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