Zip 31404 (Savannah, GA) Housing


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In Savannah, GA (ZIP code 31404), the median housing value is $214,800 which is significantly lower than the US median house value of $338,100. However, the 1 year house appreciation rate in Savannah is 19.94%, much higher than the US average of 8.27%. This shows that housing values in this area are increasing rapidly. Therefore, investing in real estate in this area may be a very lucrative option for potential investors.

The median home cost in Savannah (zip 31404) is $214,800. Home appreciation the last 10 years has been 122.5%. Home Appreciation in Savannah (zip 31404) is up 25.6%.

Average Age of Homes
- The median age of Savannah (zip 31404) real estate is 58 years old
The Rental Market in Savannah (zip 31404)
- Renters make up 46.2% of the Savannah (zip 31404) population
- 3.0% of houses and apartments in Savannah (zip 31404), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSavannah, GeorgiaUnited States
  14,343.0139,647,020.0
  6342
  $214,800$338,100
  25.6%16.6%
  72.3%57.0%
  122.5%101.1%
  $8.27$10.98
  $1,203$2,690
  40.8%57.4%
  10.5%11.2%
  48.7%31.4%
  Vacant Housing
  3.0%1.9%
  1.3%0.4%
  0.3%0.7%
  0.5%0.4%
  2.1%3.6%
  3.2%4.1%
  Value of Owner-Occupied Housing
  1.5%2.6%
  3.0%2.4%
  5.0%2.8%
  8.0%3.9%
  10.5%4.5%
  24.3%11.3%
  19.8%13.0%
  16.1%20.1%
  4.4%13.6%
  2.6%8.3%
  3.4%9.7%
  0.8%3.9%
  0.3%2.2%
  0.1%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  8.1%13.6%
  8.1%13.6%
  4.3%13.6%
  6.6%13.2%
  10.5%14.8%
  4.3%13.6%
  24.4%10.0%
  17.6%4.7%
  12.2%12.2%
Commute

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