Savannah, GA Real Estate
According to census data in the year 2000 there were 57,496 housing units in Savannah.
This represents a 2.2% decline from 58,762 in 1990.
Of those housing units, 57,290 were located in either urbanized areas or urban clusters, and 206 were located in what is classified as a rural area.
Homeownership rate in Savannah is about 50.3%.
Savannah's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Savannah were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 15.80% |
| Two Bedrooms | 33.80% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $78,500 |
| Median Price asked for vacant units | $76,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $493 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 50.30% |
| Debt Free | 35.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
