Savannah Housing Market Conditions
Savannah's market has slowed down with new home sales lower than pre-pandemic numbers. Potential homebuyers are seeing perks for new and existing homes. The projected 2025 opening of a Hyundai electric vehicle plant in this area will bring in jobs for over 8,000 employees. This will be a boom to the Savannah area.
Savannah's home sales are lagging behind other parts of the state with a slowed year over year job growth. The anticipated manufacturing plant will have a huge impact to job growth. This might be the ideal time to buy in advance of these changes. Take a look at the opportunities to buy new homes for sale in Savannah.
Things to Do in Savannah, GA
Savannah, Georgia, is a historic gem with loads of southern charm. Brick-lined streets and antebellum homes will transport you back in time. This vibrant city is known for its live music, art, and nightlife. With its many bars and restaurants, adventure awaits you in Savannah. Check out Forsyth Park, with its Spanish moss-laden trees and stunning fountains. Shop until you drop at the city's locally owned boutiques and visit the historic district for the complete Savannah experience. Other notable landmarks include the American Prohibition Museum and the Owens-Thomas House, and Slave Quarters. Savannah is a sophisticated city with hospitality, culture, and many family-friendly attractions.
Industries in the Savannah Area
Agriculture, film, automotive, energy, and tourism are the leading drivers of Savannah's strong economy. This diverse environment offers ample job opportunities and makes the city an ideal location for professionals of any background.
You'll discover many options in Savannah, GA. However, you might also consider expanding your search to one of the new construction communities in Richmond Hill, about 20 miles southwest of the city.
Top Savannah School Districts
Moving to a new school district can be scary. The excellent Chatham County schools and a selection of private schools provide you abundant options to find the perfect educational fit for your family. The common thread amongst these schools is student success.
Use NewHomeSource to explore the entire real estate market in Savannah. Your new dream home is just a click away.
Popular Housing Developments in Savannah, GA
Market Overview: New Construction Homes in Savannah, GA
Here is a quick overview of new housing developments in the Savannah area and the new construction market for new build homes in Savannah:
| Market Name | Savannah |
| State Name | Georgia |
| Subdivisions | 67 |
| Homes Under Construction | 259 |
| Quick Move-in Homes | 353 |
| Floor Plans | 1,073 |
| Starting Price | $240,000 |
| Average Price | $391,301 |
| Price Per SqFt | $176 |
| New Home Builders | 23 |
| Leading Builders | - Landmark 24 Homes
- D.R. Horton
- Quality Family Homes, LLC
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