September 2026 Market Update

Across the MLS

The slowdown that showed up in August carried into September. The MLS median sale price came in at $330,000, down 1.8 percent from September of last year. It has now slipped two months in a row, from $350,000 in July to about $337,000 in August to $330,000 in September. Some of that is the calendar. Prices and closings ease from summer into fall most years.

The year over year numbers point the same way, though. The MLS recorded 647 closings, down 17.2 percent. Homes took a median 64 days to sell, up 28 percent. Supply reached 6.5 months, up 25 percent, and it has risen every month since May, when it stood at 6.0. Inventory is still the number worth watching.

One thing to read carefully: the MLS-wide median fell while five of the six areas below posted a higher median than a year ago. Both can be true. The MLS covers far more than these six areas, and on small closing counts a median moves with the mix of homes that happened to sell.

Richmond Hill

Richmond Hill kept the highest median at $426,265, up 3.8 percent, and the tightest supply at 4.4 months. It was the only area where supply fell from a year ago. It was not untouched by the slowdown: closings were down 23.7 percent and median days on market rose to 67.

Pooler

Pooler's median rose 10.4 percent to $385,500, on 32 closings, down 48.4 percent. Homes took a median 89 days to sell, up 56.1 percent. A rising median alongside a slower market is not a contradiction. On a count that small, the median says as much about which homes sold as about what homes are worth.

Rincon

Rincon recorded 18 closings, down 61.7 percent, with a median of $341,450. Supply was flat from a year ago at 6.3 months. Read a month with 18 closings lightly.

Guyton and Springfield

Guyton sellers received 100 percent of original list price again, at a median of $370,000 on 32 closings. Those homes took a median 100 days to sell, the longest of any area here. Springfield had 11 closings, a median of $290,000, and 96.7 percent of original list price. Read both lightly.

Savannah

Savannah had 254 closings, down 11.8 percent, at a median of $375,000, up 1.9 percent. Supply rose to 6.6 months, up 34.7 percent.

What this means

If you are selling: across the MLS, sellers still received 99.7 percent of original list price, so homes priced correctly are still selling close to asking. They are taking longer to get there. Days on market rose in every area this month, which raises the cost of starting too high.

If you are buying: closings fell and days on market rose in every area, and supply is up from a year ago everywhere except Richmond Hill, where it fell, and Rincon, where it was flat. That is more room to negotiate than buyers had last fall.

These figures were pulled on October 5. September closings are still being reported, so the closed sales counts may rise as late entries come in.

These are area-wide figures. What any individual home is worth depends on the home. If you want that answered, ask me and I will look at it properly.