Market Intelligence · GA / Savannah

Savannah, GA 31408 Housing Market

The typical home value in Savannah, GA 31408 is $256,209, up 1.3% over the past year as of 2026-08-01. Homes are listed at a median price of $300,000 and spend a median of 128 days on the market.

Updated August 2026Median value$256K

The median home value in Savannah, GA 31408 is $256K as of August 2026, up 1.3% 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 31408 range

$236K to $277K

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

+1.3% over 12 months

Typical home value in 31408 over the last 12 months: $253K in Aug 2025 to $256K in Aug 2026 (+1.3%).

Aug 2025$253K

Aug 2026$256K

The numbers

What is the 31408 housing market like?

Typical home value

$256K

Up1.3%YoY

Median list price

$300K

Up4.6%MoM

Days on market

128

Up28.0%MoM

Homes for sale

23

Down17.9%MoM

Price cuts

12.5%

Down40.8%MoM

New listings

0

Down100.0%MoM

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

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The comparison

How do 31408 home prices compare?

  • 31408$256,209
  • 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

As of 2026-08-01, there are 23 homes for sale in 31408, with 0 new listings entering the market. The median list price sits at $300,000, while the typical home value is $256,209, up 1.3% over the past year. Sellers are waiting a median of 128 days to find a buyer, and 12.5% of listings have taken a price cut. That combination points to a slow market where buyers have room to negotiate. If you are selling, expect a longer timeline and price your home realistically from the start.

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20% · $51,242

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