In Savannah, GA (ZIP code 31415), the median housing value is $118,700. This is significantly less than the national median housing value of $338,100. Over the last year, however, the appreciation rate of this area's housing market has been nearly double that of the national rate. At 19.94%, that represents a sizable increase in home values over the course of one year. Consequently, Savannah is an attractive option for buyers looking for a good value on a house or property.
The median home cost in Savannah (zip 31415) is $118,700. Home appreciation the last 10 years has been 122.5%. Home Appreciation in Savannah (zip 31415) is up 25.6%.
Average Age of Homes
- The median age of Savannah (zip 31415) real estate is 55 years old
The Rental Market in Savannah (zip 31415)
- Renters make up 45.3% of the Savannah (zip 31415) population
- 2.7% of houses and apartments in Savannah (zip 31415), 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.