Market Intelligence · GA / Savannah

Savannah, GA 31401 Housing Market

The typical home value in Savannah, GA 31401 is $565,477, down 3.1% over the past year. The median list price sits at $739,500, and homes are taking a median of 107 days to sell.

Updated August 2026Median value$556K

The median home value in Savannah, GA 31401 is $556K as of August 2026, down 3.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 31401 range

$512K to $601K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.3% over 12 months

Typical home value in 31401 over the last 12 months: $575K in Aug 2025 to $556K in Aug 2026 (-3.3%).

Aug 2025$575K

Aug 2026$556K

The numbers

What is the 31401 housing market like?

Typical home value

$556K

Down3.3%YoY

Median list price

$740K

Down2.3%MoM

Days on market

107

Up5.9%MoM

Homes for sale

245

Up1.7%MoM

Price cuts

20.4%

Up15.1%MoM

New listings

32

Down15.8%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 31401 home prices compare?

  • 31401$556,330
  • Savannah$315,258
  • Georgia$257,616
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Savannah: 9 ZIPs; Georgia: 664 ZIPs; United States: 26,265 ZIPs).

Context

There are 245 homes for sale in 31401, with 32 new listings hitting the market. The median list price of $739,500 is well above the typical home value of $565,477, which suggests much of the active inventory is priced at the higher end of the market. Homes are spending a median of 107 days on market, so buyers have time to compare options. With values down 3.1% over the past year, sellers should expect to price carefully and negotiate rather than count on quick appreciation.

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