Tybee Island, GA housing market
The typical Tybee Island home is worth about $619,000, down 3.5% in a year, 87% above the Georgia typical home. Homes typically sell in 222 days, below asking.
Home values, sales, trends and how Tybee Island compares with the towns next door — updated as new data is published.
Tybee Island at a glance
A buyer's market
More homes are for sale than are selling — about 14 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Tybee Island | Georgia |
|---|---|---|
| 2017 | $388,000 | $172,000 |
| 2018 | $400,000 | $186,000 |
| 2019 | $417,000 | $202,000 |
| 2020 | $432,000 | $215,000 |
| 2021 | $461,000 | $240,000 |
| 2022 | $553,000 | $292,000 |
| 2023 | $643,000 | $323,000 |
| 2024 | $705,000 | $334,000 |
| 2025 | $679,000 | $339,000 |
| 2026 | $627,000 | $332,000 |
| August 2026 | $619,000 | $331,000 |
13 new homes permitted in 2025
Builders were permitted 13 new homes in Tybee Island in 2025, all single-family houses, worth about $8.1 million to build. That's 4.2 per 1,000 residents, slower than across Georgia (6). Over the past 10 years, Tybee Island has permitted 143 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Tybee Island gained 124 residents while 129 new homes were permitted: about 1 new resident per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 43% of Tybee Island's homes are seasonal or vacation homes, which adds housing without adding residents. Across Georgia: 2.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 6 | 6 | 0 | $3.9 million |
| 2025 | 13 | 13 | 0 | $8.1 million |
| 2024 | 11 | 11 | 0 | $5.7 million |
| 2023 | 13 | 9 | 4 | $5.8 million |
| 2022 | 12 | 12 | 0 | $7.1 million |
| 2021 | 21 | 21 | 0 | $6.6 million |
| 2020 | 11 | 11 | 0 | $4 million |
| 2019 | 23 | 23 | 0 | $7.6 million |
| 2018 | 13 | 13 | 0 | $3.3 million |
| 2017 | 10 | 10 | 0 | $2.8 million |
| 2016 | 16 | 16 | 0 | $4.8 million |
| 2015 | 17 | 15 | 2 | $4.8 million |
| 2014 | 13 | 13 | 0 | $4.9 million |
| 2013 | 20 | 20 | 0 | $5 million |
| 2012 | 5 | 5 | 0 | $1.9 million |
| 2011 | 6 | 6 | 0 | $1.2 million |
| 2010 | 6 | 6 | 0 | $1.7 million |
| 2009 | 11 | 11 | 0 | $1.4 million |
| 2008 | 8 | 8 | 0 | $3.9 million |
| 2007 | 19 | 19 | 0 | $5.5 million |
| 2006 | 169 | 61 | 108 | $28.6 million |
| 2005 | 134 | 51 | 83 | $20.1 million |
| 2004 | 133 | 46 | 87 | $19.2 million |
| 2003 | 54 | 31 | 23 | $8.2 million |
| 2002 | 46 | 46 | 0 | $7.8 million |
| 2001 | 52 | 34 | 18 | $4.9 million |
| 2000 | 108 | 55 | 53 | $8.4 million |
How Tybee Island ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.1 years of income
The typical Tybee Island home costs about 5.1 years of the town's median household income, more than across Georgia (4.3 years).
How Tybee Island ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,580
HUD's Fair Market Rent for a two-bedroom in Tybee Island is $1,580 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Tybee Island pay a median of $1,696. A two-bedroom takes about 16% of the town's median household income.
Studio $1,370 · 4 bedrooms $2,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (31328; Savannah, GA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.