The story of this market
The typical home in ZIP 31328 sells for about $697,000, or $450 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,665 a month.
ZIP 31328 — Tybee Island
The 31328 housing market remains stable with high price points driven by limited inventory and strong demand for coastal property. While sales volume is modest, the market maintains a competitive edge due to the unique lifestyle appeal of Tybee Island. Current conditions reflect a balance between high property values and the ongoing costs associated with coastal living.
This ZIP is ideal for lifestyle buyers, retirees, and investors seeking short-term rental income, though it is less suited for traditional commuters due to the distance from major employment hubs.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 6.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 7.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 31328, Chatham County GA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Tybee Island generally experiences low violent crime rates compared to national averages, though property crime remains the primary concern for the coastal community.
Public schools serving the area are part of the Savannah-Chatham County Public School System, which maintains a diverse range of academic performance ratings.
The area faces significant risks from hurricane-related storm surges, flooding, and wind damage, necessitating high-cost flood and wind insurance coverage.
Economic momentum is driven by tourism and proximity to the Port of Savannah, with limited land availability restricting large-scale new residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Georgia) — Homestead Exemption: Provides a reduction in the assessed value of the property; the state standard exemption is $2,000, which is subtracted from the assessed value before the millage rate is applied. State (Georgia) — Ad Valorem Property Tax Assessment: Taxable tangible property is assessed at 40 percent of its fair market value. The formula for tax due is: ((Fair Market Value * 0.40) - Exemptions) * Millage Rate.
Commuting to Savannah's employment core typically requires a 20-30 minute drive via US-80, which serves as the primary transit corridor.
The area is defined by its extensive public beach access, the Tybee Island Light Station, and numerous local parks and water-based recreational activities.
The rental market is heavily influenced by seasonal tourism and short-term rental demand, leading to high vacancy pressure during off-peak months.
The local economy is anchored by the tourism and hospitality sectors, with significant secondary employment provided by the nearby Port of Savannah and regional government services.
Transportation is limited to road access via US-80; there is no rail or major public transit infrastructure connecting the island to the mainland.
Development is strictly regulated by coastal zoning laws and environmental protections, limiting the pipeline to small-scale residential and commercial improvements.
Chatham County Board of Assessors manages property valuations, with annual reassessments based on market sales data.
Parcels are subject to Chatham County school taxes and municipal taxes for the City of Tybee Island.
Property insurance premiums are high due to mandatory flood insurance requirements and the high risk of wind damage in a coastal zone.
Data retrieved from data.census.gov ZCTA 31328 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Sky Zone Trampoline Park4.115.5 mi
- Exhilarate - The Adventure Zone4.314.3 mi
- Legendary Golf4.814.8 mi
- Indy Karting & Amusement4.219.1 mi
- Chuck E. Cheese3.713.2 mi
- Savannah Convention Center4.513.3 mi
- Enmarket Arena4.314.2 mi
- Vic's On the River4.413.3 mi
- Harbour Town Lighthouse4.510.9 mi
- Grayson Stadium4.811.7 mi
- Coligny Beach Park4.712.9 mi
- Tybee Island Beach4.62.4 mi
- Tybee Island Light Station & Museum4.73.1 mi
- Harbour Town Lighthouse4.510.9 mi
- Skidaway Island State Park4.710 mi
- Wormsloe State Historic Site4.510.6 mi
- Chippewa Square4.713.3 mi
- Tybee Island Light Station & Museum4.73.1 mi
- Harbour Town Lighthouse4.510.9 mi
- Tybee Beach Pier and Pavilion4.62.4 mi
- Coligny Beach Park4.712.9 mi
- Wormsloe State Historic Site4.510.6 mi
- Bonaventure Cemetery4.710.2 mi
- Skidaway Island State Park4.710 mi
- Oatland Island Wildlife Center4.78.9 mi
- The Salty Dog Cafe4.39.2 mi
- Shelter Cove Harbour & Marina4.715.8 mi
- Thunderbolt Marine Inc. & Thunderbolt Marina4.69.6 mi
- Palmetto Bay Marina4.614.3 mi
- Safe Harbor Savannah Yacht Center4.614.9 mi
- Harbour Town Golf Links4.810.8 mi
- Bacon Park Golf Course3.811.4 mi
- Atlantic Dunes by Davis Love III4.510.9 mi
- The Savannah Golf Club4.711.6 mi
- Savannah Country Club4.66.3 mi
- Savannah/Hilton Head International Airport4.520.6 mi
- Hilton Head Island Airport3.919.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Primary public beach access for the island.
Historic lighthouse and museum attraction.
Community park with sports facilities and trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.