Zip 31406 (Savannah, GA) Housing

The housing in 31406 Savannah, GA is a great real estate investment due to its median value of $263,100 compared to the US House median value of $338,100. The 1 year house appreciation for the US is 8.27%, while the house 1 year appreciation in 31406 Savannah, GA is 19.94%, making it an even more attractive investment opportunity for potential buyers. As the housing market continues to show signs of improvement, now is the perfect time to invest in 31406 Savannah, GA and benefit from its strong appreciation rate.

The median home cost in Savannah (zip 31406) is $263,100. Home appreciation the last 10 years has been 122.5%. Home Appreciation in Savannah (zip 31406) is up 25.6%.

Average Age of Homes

- The median age of Savannah (zip 31406) real estate is 41 years old

The Rental Market in Savannah (zip 31406)

- Renters make up 39.1% of the Savannah (zip 31406) population
- 4.2% of houses and apartments in Savannah (zip 31406), 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

Housing	Savannah, Georgia	United States
	15,425.0	139,647,020.0
	42	42
	$263,100	$338,100
	25.6%	16.6%
	72.3%	57.0%
	122.5%	101.1%
	$9.79	$10.98
	$1,990	$2,690
	55.2%	57.4%
	9.8%	11.2%
	35.0%	31.4%
Vacant Housing
	4.2%	1.9%
	1.1%	0.4%
	0.8%	0.7%
	0.5%	0.4%
	1.8%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	1.4%	2.4%
	0.8%	2.8%
	1.7%	3.9%
	5.2%	4.5%
	20.2%	11.3%
	17.4%	13.0%
	18.4%	20.1%
	9.1%	13.6%
	5.6%	8.3%
	12.9%	9.7%
	2.3%	3.9%
	1.5%	2.2%
	0.1%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.9%	13.6%
	5.9%	13.6%
	15.8%	13.6%
	22.6%	13.2%
	17.8%	14.8%
	15.8%	13.6%
	19.4%	10.0%
	1.3%	4.7%
	2.5%	12.2%

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