The story of this market
The typical home in ZIP 31405 sells for about $426,500, or $221 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $1,492 a month.
ZIP 31405 — Savannah
The 31405 housing market is currently experiencing a cooling trend with home values declining slightly year-over-year. Inventory levels remain moderate, and the market is characterized by a slower pace of sales compared to previous periods.
Median prices moved down 2.1% year over year.
Homes spend a median of 59 days on market with 0.0 months of supply — a balanced-paced 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 6.8% · poverty 17.5% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 31405, 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.
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.
Data sourced from Data Commons/Census Bureau
- Sky Zone Trampoline Park4.12 mi
- Fun Zone4.75.9 mi
- Exhilarate - The Adventure Zone4.34.2 mi
- Chuck E. Cheese3.74 mi
- The Escape Company4.75.5 mi
- Savannah Convention Center4.56 mi
- Enmarket Arena4.34.5 mi
- Vic's On the River4.45.8 mi
- Grayson Stadium4.85.7 mi
- Common Restaurant4.45.7 mi
- Forsyth Park4.85.1 mi
- The Cathedral Basilica of St. John the Baptist4.85.5 mi
- Chippewa Square4.75.5 mi
- Skidaway Island State Park4.79.1 mi
- Royal Cinemas 14 & World’s Tallest IMAX4.58.8 mi
- Wormsloe State Historic Site4.57.5 mi
- Chippewa Square4.75.5 mi
- Tybee Island Light Station & Museum4.719.3 mi
- Tybee Beach Pier and Pavilion4.619.5 mi
- SCAD Museum of Art4.55.2 mi
- Forsyth Park4.85.1 mi
- Wormsloe State Historic Site4.57.5 mi
- Bonaventure Cemetery4.77.3 mi
- Chippewa Square4.75.5 mi
- Skidaway Island State Park4.79.1 mi
- Thunderbolt Marine Inc. & Thunderbolt Marina4.67.5 mi
- Safe Harbor Savannah Yacht Center4.65.5 mi
- Bull River Marina4.912.6 mi
- Coffee Bluff Marina4.77.1 mi
- TPG Isle of Hope Marina4.78 mi
- Crosswinds Golf Club4.47.5 mi
- The Club At Savannah Harbor4.46.4 mi
- Southbridge Savannah Golf Club3.53.6 mi
- Henderson Golf Course4.15.9 mi
- Bacon Park Golf Course3.85.8 mi
- Tanger Outlets Savannah4.57.8 mi
- Oglethorpe Mall4.34.1 mi
- City Market4.65.6 mi
- Publix Super Market at Twelve Oaks Shopping Center4.54 mi
- Publix Super Market at Pooler Marketplace4.68.1 mi
- Savannah/Hilton Head International Airport4.56.6 mi
- Hilton Head Island Airport3.930.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.