Updated May 2026 · Redfin · 3-month window
31406 Real Estate Market Update: Savannah, GA, May 2026
The latest housing-market numbers for ZIP code 31406 in Savannah, Georgia, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $342K | ▲ +9.6% | ▼ -6.8% |
| Days on market | 59 | ▼ -11.9% | ▲ +20.4% |
| Homes for sale | 135 | ▲ +2.3% | ▲ +8.0% |
| Sale-to-list | 97.7% | ▲ +0.5% | ▼ -0.3% |
| Homes sold | 92 | ▲ +31.4% | ▼ -16.4% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 31406 numbers say
The 31406 ZIP in Savannah is cooling. The median sale price sits at $342,450, 6.8% below last year. The market has loosened: a typical listing now takes around 59 days to go under contract, with sellers getting 97.7% of list price.
Based on 92 recent sales, 31406 is currently an active market.
What this means if you sell in 31406
Use these figures to set expectations early. Lead a listing appointment with the median price and the 59-day pace, show the year-over-year direction, and frame 31406 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Savannah post →Frequently asked: the 31406 housing market
- What is the median home price in ZIP 31406 (Savannah, GA)?
- As of May 2026, the median sale price in ZIP 31406 is $342,450 (-6.8% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 31406 a buyer's or seller's market right now?
- ZIP 31406 is currently an active market, based on a 97.7% sale-to-list ratio, about 59 days on market for May 2026.
- How long do homes take to sell in ZIP 31406?
- A typical listing in 31406 goes under contract in about 59 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 31406 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.