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Savannah, GA 31405 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Savannah, GA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 7474PendingPending sales: 99
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): $409k$409kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Savannah, GA
Distribution of 321 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $280k to $640k
$90k to $222k: 41 sales$90k$222k to $355k: 71 sales71sales$355k to $488k: 67 sales$355k$488k to $620k: 38 sales$620k to $752k: 39 sales$620k$752k to $885k: 15 sales$885k to $1.02M: 10 sales$885k$1.02M to $1.15M: 7 salesMedian $400k

What the numbers say

As of October 5, 2026, Resideline is tracking 74 active listings and 9 pending sales in ZIP code 31405. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $409,250, while the median of the 321 closed sales Resideline tracked over the last six months was $399,900. 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 80 days.

Frequently asked questions

What is the median home price in 31405?

The median closed sale price in Savannah, GA 31405 was $399,900 over the last six months, based on 321 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 9 pending sales against 74 active listings in 31405, a pending-to-active ratio of 0.12. 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

Full Savannah, GA housing market report →

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