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All market snapshots / 31401

Savannah, GA 31401 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Savannah, GA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.40
ActiveActive listings: 4040PendingPending sales: 1616
Savannah, GA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $948k$948kSoldMedian sold price (last 6 months): $600k$600k
What homes actually sell for in Savannah, GA
Distribution of 235 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $384k to $975k
$160k to $478k: 81 sales81sales$160k$478k to $795k: 60 sales$795k to $1.11M: 40 sales$795k$1.11M to $1.43M: 11 sales$1.43M to $1.75M: 10 sales$1.43M$1.75M to $2.06M: 3 sales$2.06M to $2.38M: 6 sales$2.06M$2.38M to $2.7M: 1 salesMedian $600k

What the numbers say

As of August 26, 2026, Resideline is tracking 40 active listings and 16 pending sales in ZIP code 31401. That pending-to-active ratio of 0.40 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $947,500, while the median of the 235 closed sales Resideline tracked over the last six months was $600,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 31401 has been on the market for 3 days.

Frequently asked questions

What is the median home price in 31401?

The median closed sale price in Savannah, GA 31401 was $600,000 over the last six months, based on 235 closed sales tracked by Resideline. The middle half of those sales ranged from $384,000 to $975,000.

Is 31401 a buyer's or seller's market?

Resideline is currently tracking 16 pending sales against 40 active listings in 31401, a pending-to-active ratio of 0.40. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 31401 currently looks like a competitive market.

Nearby ZIP code market data

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