St. George Island Real Estate Market Update – Spring 2025

As of Spring 2025, the real estate market on St. George Island is showing signs of stabilization after several years of volatility. While the island continues to attract buyers looking for vacation homes and income-generating rentals, rising interest rates and a modest uptick in inventory have slowed the pace of sales compared to the pandemic-era boom.

The current median listing price on the island is approximately $1.3 million, but actual sales are averaging closer to $935,000—about 95% of list price. Homes are spending longer on the market, with the average days on market exceeding 100. This reflects a shift toward a more balanced market where buyers have more negotiating power, and sellers must be more strategic.

Buyers today are selective. Turnkey homes—either newly built or fully renovated—are selling the fastest and often at a premium. Properties that require significant updates are facing more price reductions and longer time on the market. The demand is strongest for homes with proven rental income histories, beach access, and standout features like a private pool.

For sellers, competitive pricing and professional presentation are now essential. Highlighting rental potential and recent upgrades can significantly influence buyer interest. For buyers, the slower pace presents an opportunity to shop more thoughtfully, with a wider selection of listings and potential to negotiate favorable terms.

Overall, St. George Island remains a resilient and attractive market, particularly for long-term investors and lifestyle buyers. However, both buyers and sellers must navigate with care and data-driven decisions. Partnering with a St. George Island Realty expert who understands the nuances of this unique coastal market is key to success in today’s evolving real estate landscape.