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Savannah, GA 31404 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: 0.06
ActiveActive listings: 8585PendingPending sales: 55
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): $269k$269kSoldMedian sold price (last 6 months): $255k$255k
What homes actually sell for in Savannah, GA
Distribution of 219 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $175k to $350k
$95k to $166k: 38 sales$95k$166k to $236k: 41 sales$236k to $307k: 49 sales49sales$236k$307k to $378k: 33 sales$378k to $448k: 18 sales$378k$448k to $519k: 7 sales$519k to $589k: 5 sales$519k$589k to $660k: 7 salesMedian $255k

What the numbers say

As of September 14, 2026, Resideline is tracking 85 active listings and 5 pending sales in ZIP code 31404. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $269,000, while the median of the 219 closed sales Resideline tracked over the last six months was $255,000. 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 31404 for 67 days.

Frequently asked questions

What is the median home price in 31404?

The median closed sale price in Savannah, GA 31404 was $255,000 over the last six months, based on 219 closed sales tracked by Resideline. The middle half of those sales ranged from $175,000 to $350,500.

Is 31404 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 85 active listings in 31404, a pending-to-active ratio of 0.06. 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, 31404 currently looks like a balanced market.

Nearby ZIP code market data

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