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All market snapshots / 31404

Savannah, GA 31404 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Savannah, GA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.60
ActiveActive listings: 3030PendingPending sales: 1818
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): $322k$322kSoldMedian sold price (last 6 months): $265k$265k
What homes actually sell for in Savannah, GA
Distribution of 212 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $190k to $365k
$110k to $184k: 40 sales$110k$184k to $259k: 51 sales51sales$259k to $333k: 46 sales$259k$333k to $408k: 18 sales$408k to $482k: 14 sales$408k$482k to $556k: 10 sales$556k to $631k: 10 sales$556k$631k to $705k: 2 salesMedian $265k

What the numbers say

As of July 18, 2026, Resideline is tracking 30 active listings and 18 pending sales in ZIP code 31404. That pending-to-active ratio of 0.60 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $322,500, while the median of the 212 closed sales Resideline tracked over the last six months was $265,000. 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 31404 has been on the market for 3 days.

Frequently asked questions

What is the median home price in 31404?

The median closed sale price in Savannah, GA 31404 was $265,000 over the last six months, based on 212 closed sales tracked by Resideline. The middle half of those sales ranged from $190,000 to $365,000.

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

Resideline is currently tracking 18 pending sales against 30 active listings in 31404, a pending-to-active ratio of 0.60. 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 seller's market.

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