Market Intelligence · GA / Savannah

Savannah, GA 31405 Housing Market

The typical home value in Savannah, GA 31405 is $340,309, down 2.2% over the past year. The median list price is $399,250, and homes spend a median of 78 days on market.

Updated August 2026Median value$340K

The median home value in Savannah, GA 31405 is $340K as of August 2026, down 2.2% 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 31405 range

$313K to $368K

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

-2.2% over 12 months

Typical home value in 31405 over the last 12 months: $348K in Aug 2025 to $340K in Aug 2026 (-2.2%).

Aug 2025$348K

Aug 2026$340K

The numbers

What is the 31405 housing market like?

Typical home value

$340K

Down2.2%YoY

Median list price

$399K

Down0.2%MoM

Days on market

78

Up6.8%MoM

Homes for sale

171

Down2.8%MoM

Price cuts

20.8%

Down30.4%MoM

New listings

56

Up3.7%MoM

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

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The comparison

How do 31405 home prices compare?

  • 31405$340,309
  • 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 171 homes for sale in 31405, with 56 new listings added. The median list price of $399,250 sits well above the typical home value of $340,309, and values are down 2.2% over the past year. Homes take a median of 78 days to sell, and 20.8% of listings have had a price cut. Taken together, buyers have room to negotiate in this ZIP. A seller here should expect a slower sale and be prepared to adjust on price.

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