Start Free
All market snapshots / 31406

Savannah, GA 31406 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Savannah, GA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 6161PendingPending sales: 33
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): $340k$340kSoldMedian sold price (last 6 months): $330k$330k
What homes actually sell for in Savannah, GA
Distribution of 234 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $249k to $565k
$130k to $258k: 58 sales$130k$258k to $385k: 69 sales69sales$385k to $512k: 30 sales$385k$512k to $640k: 25 sales$640k to $768k: 17 sales$640k$768k to $895k: 6 sales$895k to $1.02M: 5 sales$895k$1.02M to $1.15M: 1 salesMedian $330k

What the numbers say

As of October 26, 2026, Resideline is tracking 61 active listings and 3 pending sales in ZIP code 31406. That pending-to-active ratio of 0.05 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $340,000, while the median of the 234 closed sales Resideline tracked over the last six months was $329,900. 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 31406 for 87 days.

Frequently asked questions

What is the median home price in 31406?

The median closed sale price in Savannah, GA 31406 was $329,900 over the last six months, based on 234 closed sales tracked by Resideline. The middle half of those sales ranged from $249,000 to $565,000.

Is 31406 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 61 active listings in 31406, a pending-to-active ratio of 0.05. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 31406 is currently a slower-moving market.

Nearby ZIP code market data

Full Savannah, GA housing market report →

Running a deal in 31406? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 31406 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.