The $500K Sweet Spot: What You Can Actually Buy in Savannah Right Now

From downtown condos to family homes in Isle of Hope, here’s what half a million dollars gets you in today’s Savannah market.

A half-million dollars used to go a lot further in Savannah. But even with rising prices, $500K still opens doors to a wide range of home styles and neighborhoods, from historic charm to coastal comfort.

The Market at a Glance

As of July 2025, the median sales price in Chatham County is around $345,000, up about 6% from last year. That puts $500,000 above the local average, but not quite in luxury territory. In today’s market, it’s a flexible budget, especially for buyers who want character, walkability, or a move-in-ready home.

What You Can Expect for $500K

1. Historic Downtown Condos and Cottages

In neighborhoods like Thomas Square, Baldwin Park, or the Victorian District, $500,000 might get you a renovated 2–3 bedroom home with original hardwoods, tall ceilings, and a porch made for people-watching. Parking may be tight, but the architectural details and walkability make up for it.

2. Mid-Century Homes in Ardsley Park

In Ardsley, half a million can buy you a 3-bedroom brick bungalow or mid-century ranch with updated kitchens and a backyard. Inventory in this area tends to be competitive, but if you’re quick, you can snag a stylish, solid home with room to grow.

3. Family Living in Isle of Hope or Georgetown

For buyers focused on square footage and community amenities, neighborhoods like Isle of Hope, Georgetown, and Southbridge offer spacious homes with 3–4 bedrooms, garages, and larger lots. You might even find a pool, depending on the street and updates.

4. New Construction Near Pooler

The outer edges of Chatham County, including areas like Berwick, Bloomingdale, and Pooler, offer new builds with modern finishes, energy-efficient systems, and open-concept layouts. $500,000 can stretch further here, sometimes into 5-bedroom territory.

The Catch? Inventory Moves Fast

At this price point, listings tend to go under contract within 7–12 days on average. Multiple offers are common, especially for anything walkable, well-renovated, or in a top-tier school zone. To compete, buyers should have financing lined up and a strong agent who knows how to write a clean offer.

Final Thought: Whether you’re dreaming of historic charm, suburban comfort, or a turnkey townhome, Savannah’s $500K market still has plenty of possibilities if you know where to look and move quickly when the right place hits.

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