Market Intelligence · GA / Savannah

Savannah, GA 31405 Housing Market

The typical home value in Savannah 31405 is $337,055, down 2.7% over the past year. The median list price stands at $399,100, with homes taking a median 76 days to sell.

Updated September 2026Median value$337K

The median home value in Savannah, GA 31405 is $337K as of September 2026, down 2.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 31405 range

$310K to $364K

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

-2.7% over 12 months

Sep 2025$346K

Low $337KHigh $346K

Sep 2026$337K

The numbers

What is the 31405 housing market like?

As of September 2026

Typical home value

$337K

2.7%YoY

Median list price

$399K

0.0%MoM

Days on market

2.6%MoM

Homes for sale

181

5.8%MoM

Price cuts

25.3%

21.3%MoM

New listings

7.1%MoM

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

The outlook

31405 housing market forecast 2027

-0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 31405 to fall 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 31405 fell 2.7%, per the Zillow Home Value Index.

Will home prices drop in 31405?

Zillow's forecast says they may: it expects typical home values in 31405 to fall 0.9% by September 2027, after a 2.7% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 31405 home prices compare?

31405$337,055
Savannah$312,069
Georgia$254,643
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Savannah: 9 ZIPs; Georgia: 664 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 181 homes for sale in the 31405 ZIP code, with 52 new listings added recently. The median time on market of 76 days reflects a slower-moving inventory. Price cuts are appearing on 25.3% of listings, a sign that sellers are adjusting to market conditions. The typical home value decline of 2.7% over the past year suggests cooling demand. Sellers should price carefully and be ready for a longer sales timeline.

Monthly payment

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Home price

Down payment20% · $67,411

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Common questions

What people ask us.

What is the typical home value in 31405?

The typical home value in Savannah 31405 is $337,055, down 2.7% over the past year.

How many homes are currently for sale in 31405?

There are 181 homes for sale as of September 2026, with 52 new listings added recently.

How long do homes typically take to sell in 31405?

The median days on market is 76 as of September 2026.

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