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Savannah, GA 31401 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Savannah, GA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.39
ActiveActive listings: 4949PendingPending sales: 1919
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): $945k$945kSoldMedian sold price (last 6 months): $549k$549k
What homes actually sell for in Savannah, GA
Distribution of 221 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $374k to $975k
$170k to $474k: 86 sales86sales$170k$474k to $778k: 51 sales$778k to $1.08M: 33 sales$778k$1.08M to $1.38M: 9 sales$1.38M to $1.69M: 11 sales$1.38M$1.69M to $1.99M: 3 sales$1.99M to $2.3M: 6 sales$1.99M$2.3M to $2.6M: 0 salesMedian $549k

What the numbers say

As of August 3, 2026, Resideline is tracking 49 active listings and 19 pending sales in ZIP code 31401. That pending-to-active ratio of 0.39 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $945,000, while the median of the 221 closed sales Resideline tracked over the last six months was $549,000. 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 $549,000 over the last six months, based on 221 closed sales tracked by Resideline. The middle half of those sales ranged from $373,800 to $975,000.

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

Resideline is currently tracking 19 pending sales against 49 active listings in 31401, a pending-to-active ratio of 0.39. 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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