Savannah Home Values

Savannah is a single master-planned community built out between 2004 and 2017, and the housing stock reflects that tight window. Nearly every home is a two-story craftsman or Cape Cod revival on a compact lot, typically 1,400 to 3,500 square feet, with signature wrap-around porches, upstairs balconies, and rear-entry garages. Kitchens trend toward granite islands and 42-inch cabinetry. A dedicated 55-plus enclave, Isabella Village, adds single-story patio homes to the mix. Resort-grade amenities -- water park, pools, trails, tennis courts -- are baked into the HOA, making the neighborhood function more like a self-contained village than a conventional subdivision.

Price per square foot in Savannah, TX registered roughly $148 in the most recent quarter — about eight percent below the trailing annual average of $161 — a signal that the market is landing lower than its own recent baseline. Based on MLS data for 2026-05 closings in Savannah, the median sale came in near $358K, while sellers gave back roughly two cents on the dollar at closing on average. More than half of completed transactions closed under asking, and nearly six in ten sellers offered concessions averaging close to $9,500. The limited sample of 16 closings suggests these figures are directional; the annual trend, which shows a roughly four percent year-over-year price decline, reinforces the softening signal.

The pipeline in Savannah points toward continued buyer-favorable conditions. With nine months of supply on the market and only ten pending contracts against 48 active listings, absorption has slowed noticeably. New listing activity in the trailing quarter outpaced pending contracts by a wide margin, widening the supply gap. Directionally, the data suggests that demand has not kept pace with available inventory, and the imbalance between actives and pendings indicates limited near-term pressure on the supply side.