Home ValuePros

Market Intelligence · GA / Savannah

Savannah, GA 31404 Housing Market

The typical home value in Savannah, GA 31404 is $251,419, down 5.1% over the past year. Sellers are currently listing at a median price of $322,700, and homes sit for a median of 69 days on market.

Updated August 2026Median value$251K

The median home value in Savannah, GA 31404 is $251K as of August 2026, down 5.1% 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 31404 range

$231K to $272K

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

-5.1% over 12 months

Typical home value in 31404 over the last 12 months: $265K in Aug 2025 to $251K in Aug 2026 (-5.1%).

Aug 2025$265K

Aug 2026$251K

The numbers

What is the 31404 housing market like?

Typical home value

$251K

Down5.1%YoY

Median list price

$323K

Down2.2%MoM

Days on market

69

Down2.8%MoM

Homes for sale

171

Up6.9%MoM

Price cuts

26.2%

Down20.7%MoM

New listings

52

Up62.5%MoM

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

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The comparison

How do 31404 home prices compare?

  • 31404$251,419
  • 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

The 31404 market is soft. Home values have slipped 5.1% over the past year, with the typical home now valued at $251,419. Sellers are asking more than that, with a median list price of $322,700, but homes take a median of 69 days to sell. There are 171 homes for sale, with 52 new listings adding to the supply, and 26.2% of listings have taken a price cut. For a seller, the honest read is that buyers have room to negotiate and pricing realistically from the start matters.

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