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Savannah, GA 31401 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Savannah, GA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 102102PendingPending sales: 88
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): $577k$577kSoldMedian sold price (last 6 months): $575k$575k
What homes actually sell for in Savannah, GA
Distribution of 231 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $378k to $945k
$160k to $421k: 68 sales68sales$160k$421k to $683k: 58 sales$683k to $944k: 36 sales$683k$944k to $1.21M: 20 sales$1.21M to $1.47M: 13 sales$1.21M$1.47M to $1.73M: 6 sales$1.73M to $1.99M: 2 sales$1.73M$1.99M to $2.25M: 4 salesMedian $575k

What the numbers say

As of September 14, 2026, Resideline is tracking 102 active listings and 8 pending sales in ZIP code 31401. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $577,000, while the median of the 231 closed sales Resideline tracked over the last six months was $575,000. 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. Resideline has been seeing the median active listing in 31401 for 97 days.

Frequently asked questions

What is the median home price in 31401?

The median closed sale price in Savannah, GA 31401 was $575,000 over the last six months, based on 231 closed sales tracked by Resideline. The middle half of those sales ranged from $377,500 to $945,000.

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

Resideline is currently tracking 8 pending sales against 102 active listings in 31401, a pending-to-active ratio of 0.08. 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 balanced market.

Nearby ZIP code market data

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