A typical Savannah home is worth about $197,000
Up 3.2% in a year, 41% below the Tennessee typical home.
What kind of housing town is Savannah?
Read from the numbers below. The page puts what stands out first.
A typical home costs 5 years of income
About the same as across Tennessee. Try your own numbers below.
That’s $31K short of a typical Savannah home.
A two-bedroom rents for about $930 a month here, $180 less than owning.
How Savannah ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Savannah’s typical property tax (0.46% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Up 36.5% in five years
Faster than Tennessee (24.8%).
Show as a table
| January | Savannah | Tennessee |
|---|---|---|
| 2017 | $104,000 | $174,000 |
| 2018 | $107,000 | $187,000 |
| 2019 | $113,000 | $198,000 |
| 2020 | $119,000 | $215,000 |
| 2021 | $132,000 | $238,000 |
| 2022 | $159,000 | $287,000 |
| 2023 | $170,000 | $313,000 |
| 2024 | $175,000 | $326,000 |
| 2025 | $191,000 | $334,000 |
| 2026 | $195,000 | $333,000 |
| August 2026 | $197,000 | $334,000 |
A typical Savannah home worth $101K in September 2016 is worth about $197K today.
How Savannah ranks on rising home prices →
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $930
Renters already here pay a median of $758, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Hardin County, TN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
25 new homes permitted in 2025
Builders were permitted 25 new homes in Savannah in 2025: 21 single-family houses and 4 in buildings with two or more homes, worth about $3.9 million to build. That's 3.4 per 1,000 residents, slower than across Tennessee (7.8). Over the past 10 years, Savannah has permitted 202 homes in all.
Between the 2010 and 2020 censuses, Savannah gained 231 residents while 162 new homes were permitted: about 1.4 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Tennessee: 2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 25 | 25 | 0 | $4 million |
| 2025 | 25 | 21 | 4 | $3.9 million |
| 2024 | 24 | 12 | 12 | $3.4 million |
| 2023 | 45 | 25 | 20 | $6.4 million |
| 2022 | 34 | 22 | 12 | $4.1 million |
| 2021 | 12 | 12 | 0 | $1.7 million |
| 2020 | 8 | 8 | 0 | $843,000 |
| 2019 | 14 | 14 | 0 | $1.9 million |
| 2018 | 22 | 20 | 2 | $1.7 million |
| 2017 | 11 | 9 | 2 | $1.1 million |
| 2016 | 7 | 5 | 2 | $421,000 |
| 2015 | 9 | 9 | 0 | $834,000 |
| 2014 | 8 | 6 | 2 | $614,000 |
| 2013 | 7 | 1 | 6 | $279,000 |
| 2012 | 58 | 6 | 52 | $5 million |
| 2011 | 11 | 11 | 0 | $714,000 |
| 2010 | 15 | 9 | 6 | $685,000 |
| 2009 | 9 | 9 | 0 | $808,000 |
| 2008 | 23 | 20 | 3 | $1.4 million |
| 2007 | 25 | 15 | 10 | $1.6 million |
| 2006 | 33 | 12 | 21 | $2.1 million |
| 2005 | 25 | 13 | 12 | $1.1 million |
| 2004 | 19 | 19 | 0 | $879,000 |
| 2003 | 34 | 18 | 16 | $1.6 million |
| 2002 | 97 | 33 | 64 | $4 million |
| 2001 | 40 | 40 | 0 | $1.3 million |
| 2000 | 10 | 10 | 0 | $441,000 |
How Savannah 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.
1 of Savannah’s houses are on the National Register
Half of Savannah’s homes were built before 1976.
Tennessee: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
Savannah vs. its neighbors
The towns that share a border with Savannah. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Savannah | $197K | +3.2% | $930 | 25 | $39,712 |
| Olivet | $160K* | +5.7%† | $930 | — | $66,635 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
On the market in Savannah
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Savannah buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. 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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.