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Savannah, GA 31405 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: 0.07
ActiveActive listings: 7171PendingPending 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): $299k$299kSoldMedian sold price (last 6 months): $398k$398k
What homes actually sell for in Savannah, GA
Distribution of 341 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $280k to $640k
$90k to $221k: 44 sales$90k$221k to $352k: 75 sales75sales$352k to $484k: 68 sales$352k$484k to $615k: 47 sales$615k to $746k: 38 sales$615k$746k to $878k: 19 sales$878k to $1.01M: 9 sales$878k$1.01M to $1.14M: 6 salesMedian $398k

What the numbers say

As of September 14, 2026, Resideline is tracking 71 active listings and 5 pending sales in ZIP code 31405. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,000, while the median of the 341 closed sales Resideline tracked over the last six months was $397,500. 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 31405 for 67 days.

Frequently asked questions

What is the median home price in 31405?

The median closed sale price in Savannah, GA 31405 was $397,500 over the last six months, based on 341 closed sales tracked by Resideline. The middle half of those sales ranged from $280,000 to $640,000.

Is 31405 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 71 active listings in 31405, a pending-to-active ratio of 0.07. 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, 31405 currently looks like a balanced market.

Nearby ZIP code market data

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