The story of this market
The typical home in ZIP 31404 sells for about $315,000, or $240 per square foot.
Prices are down 1.55% from a year ago, which gives buyers more room to negotiate. Homes take about 30.61 days to sell. HUD's fair market rent for a two-bedroom is $1,276 a month.
ZIP 31404 — Savannah
The 31404 housing market is currently experiencing a period of price stabilization with a median sale price of $315,000. While the market has seen a slight year-over-year decline in prices, the faster turnover of listings suggests continued demand for accessible housing in the Savannah area.
This ZIP code is well-suited for first-time homebuyers, investors, and renters who value proximity to the urban core and a more accessible price point compared to Savannah's historic downtown.
Median prices moved down 1.6% year over year.
Homes spend a median of 31 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 18.8% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 31404, 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.
The area is served by the Savannah-Chatham County Public School System, with schools such as the School of Humanities at Juliette Gordon Low located within the ZIP code.
The area benefits from proximity to Savannah's historic core and regional economic hubs, with ongoing interest in urban infill and residential renovation projects.
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.
Residents benefit from a relatively short mean commute time of approximately 21.3 minutes, reflecting the ZIP's central location within the Savannah metro area.
The area features access to local parks and is within short driving distance of Savannah's historic district, shopping, and dining amenities.
The rental market is characterized by a balanced landscape with approximately 124 active rental listings, providing options for a diverse tenant base.
The local economy is anchored by the broader Savannah metro area, which features a mix of tourism, logistics, and education sectors.
The area is served by local road networks providing access to the Savannah metro area, with a mean commute time of 21.3 minutes.
Development activity is focused on residential infill and the revitalization of existing housing stock within the Savannah urban footprint.
Parcels are subject to the Savannah-Chatham County Public School System and standard municipal utility districts.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
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 Park4.15.7 mi
- Fun Zone4.711.2 mi
- Exhilarate - The Adventure Zone4.36.8 mi
- Indy Karting & Amusement4.218.4 mi
- Legendary Golf4.819.5 mi
- Savannah Convention Center4.53 mi
- Enmarket Arena4.33.9 mi
- Vic's On the River4.43 mi
- Harbour Town Lighthouse4.514.9 mi
- Grayson Stadium4.82 mi
- Forsyth Park4.82.9 mi
- The Cathedral Basilica of St. John the Baptist4.82.8 mi
- Tybee Island Beach4.612.6 mi
- Chippewa Square4.73 mi
- Tybee Island Light Station & Museum4.712.1 mi
- Wormsloe State Historic Site4.55.5 mi
- Chippewa Square4.73 mi
- Tybee Island Light Station & Museum4.712.1 mi
- Harbour Town Lighthouse4.514.9 mi
- Tybee Beach Pier and Pavilion4.612.6 mi
- Forsyth Park4.82.9 mi
- Wormsloe State Historic Site4.55.5 mi
- Bonaventure Cemetery4.70.8 mi
- Chippewa Square4.73 mi
- Skidaway Island State Park4.77 mi
- The Salty Dog Cafe4.313.7 mi
- Thunderbolt Marine Inc. & Thunderbolt Marina4.62.2 mi
- Safe Harbor Savannah Yacht Center4.64.7 mi
- Palmetto Bay Marina4.618.2 mi
- Broad Creek Marina4.719.2 mi
- Crosswinds Golf Club4.412.1 mi
- The Club At Savannah Harbor4.42.9 mi
- Southbridge Savannah Golf Club3.510.5 mi
- Bacon Park Golf Course3.84 mi
- The Savannah Golf Club4.71.3 mi
- Tanger Outlets Savannah4.512.6 mi
- Oglethorpe Mall4.35.5 mi
- City Market4.63.2 mi
- Publix Super Market at Twelve Oaks Shopping Center4.54.2 mi
- T.J. Maxx4.25 mi
- Savannah/Hilton Head International Airport4.510.3 mi
- Hilton Head Island Airport3.923.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A notable educational institution serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.