Market Intelligence · GA / Savannah

Savannah, GA 31406 Housing Market

The typical home in Savannah's 31406 ZIP code is worth about $317,667, down 3.4% over the past year. The median list price sits at $374,000, and homes are taking a median of 57 days to sell as of June 1, 2026.

Updated June 2026Median value$318K

The median home value in Savannah, GA 31406 is $318K as of June 2026, down 3.4% 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 31406 range

$292K to $343K

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

-3.4% over 12 months

Typical home value in 31406 over the last 12 months: $329K in Jun 2025 to $318K in Jun 2026 (-3.4%).

Jun 2025$329K

Jun 2026$318K

The numbers

What is the 31406 housing market like?

Typical home value

$318K

Down3.4%YoY

Median list price

$374K

Days on market

57

Down3.4%MoM

Homes for sale

115

Price cuts

20.7%

New listings

42

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 31406 home prices compare?

  • 31406$317,667
  • Savannah$317,667
  • Georgia$260,356
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Savannah: 9 ZIPs; Georgia: 665 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 115 homes for sale in 31406, with 42 new listings added recently. The median list price is $374,000, while the typical home value is $317,667. Homes are spending a median of 57 days on the market, and 20.7% of listings have had a price cut. The typical home value is down 3.4% over the past year. For sellers, this is a slower market where realistic pricing and patience matter more than they did a year ago.

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