In 31401 Savannah, GA the median housing value is $400,500. This is significantly higher than the US median value of $338,100. Additionally, the 1-year appreciation rate for houses in 31401 Savannah is 19.94%, which is an impressive 11.67% higher than the national average of 8.27%. Due to these factors, housing in 31401 Savannah has become increasingly desirable and competitive as a real estate market.
The median home cost in Savannah (zip 31401) is $400,500. Home appreciation the last 10 years has been 122.5%. Home Appreciation in Savannah (zip 31401) is up 25.6%.
Average Age of Homes
- The median age of Savannah (zip 31401) real estate is 78 years old
The Rental Market in Savannah (zip 31401)
- Renters make up 53.6% of the Savannah (zip 31401) population
- 4.8% of houses and apartments in Savannah (zip 31401), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.