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SAVANNAH, GA 31401

Real Estate Market Report  ·  Chatham County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
221
⇧ 24.2% vs 178 last year
Pending
29
13% pending ratio
Median Price
$710,000
⇩ 21% vs $898,225 last year
Average Price
$1,243,141
⇩ 20.9% vs $1,572,266 last year
Days on Market
93
⇩ 7.9% vs 101 days last year

Market Context

Population: 20,421  ·  Density: 2,310.1/mi²  ·  Median household income: $49,881

Typical home value: $478,029  ·  Homeownership: 34.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SAVANNAH, GA real estate market (31401) currently shows 221 active listings, with 29 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice.

Homes are selling faster, averaging 93 days on market compared to 101 days last year.

The median listing price has fallen 21% year-over-year, from $898,225 to $710,000.

Whether you are buying or selling in SAVANNAH, GA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 221 this year vs 178 last year
  • Days on market: 93 now vs 101 last year

Median & Average Pricing

Year over Year
  • Median: $710,000 (-21% YoY)
  • Average: $1,243,141 (-20.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.9 miles — 1,914 listings ($1,574,514,605 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
31401Savannah, GA 314010.0 mi221$274,734,161$710,000$1,243,141
31415Savannah, GA 314152.1 mi59$12,749,251$208,675$216,089
31405Savannah, GA 314055.2 mi190$114,413,630$437,450$602,177
31406Savannah, GA 314066.3 mi109$48,449,846$324,950$444,494
31411Savannah, GA 314119.5 mi95$105,321,180$985,000$1,108,644
31407Port Wentworth, GA 3140710.1 mi173$59,671,333$340,000$344,921
29927Hardeeville, SC 2992712.4 mi136$72,304,264$469,900$531,649
29915Daufuskie Island, SC 2991513.5 mi35$33,326,790$749,000$952,194
29910Bluffton, SC 2991016.1 mi449$552,710,918$649,250$1,230,982
31326Rincon, GA 3132617.7 mi190$75,391,240$349,450$396,796
31307Eden, GA 3130719.4 mi5$2,496,875$367,475$499,375
29926Hilton Head Island, SC 2992622.9 mi209$204,581,322$689,000$978,858
31308Ellabell, GA 3130823.9 mi43$18,363,795$372,475$427,065

Frequently Asked Questions

How many homes are for sale in SAVANNAH, GA 31401?

As of January 2026, there are 221 active listings in SAVANNAH, GA (zip code 31401), compared to 178 the prior year.

What is the median home price in SAVANNAH, GA 31401?

The median listing price in SAVANNAH, GA 31401 is $710,000 as of January 2026, a 21% decrease from $898,225 the prior year.

How long do homes stay on the market in SAVANNAH, GA?

Homes in SAVANNAH, GA 31401 spend an average of 93 days on the market before going under contract, compared to 101 days the prior year.

Is it a seller's or buyer's market in SAVANNAH, GA 31401?

Based on current inventory and days-on-market data as of January 2026, SAVANNAH, GA 31401 is currently a Balanced Market. Inventory has increased compared to last year, with 43 more homes available — giving buyers more choice. Homes are selling faster, averaging 93 days on market compared to 101 days last year.

How much can I save on real estate commission in SAVANNAH, GA?

With SELL123.com's maximum 3% commission, sellers in SAVANNAH, GA 31401 save an estimated $14,200 compared to a typical 5% commission on the median listing price of $710,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.