31406 Home Values & Market Trends
There are 60 homes currently listed for 31406. 31406 real estate market trends show that home prices range from $124,900 to $2,675,000, and the median sales price in the 31406 zip code is $275,063.01. The total number of properties sold within the past twelve months is 619. In 31406, 8 properties are in foreclosure, 0 are bank owned properties,and 8 are headed for auction.
31406 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Savannah | $ 351,668 $ 215/sqft |
Housing Market Summary for 31406
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $350K | $293.7K | -16.07% |
| Median Sold Price | $289.9K | $293.7K | 1.32% |
| Homes For Sale | 43 | 58 | 34.88% |
| Homes Sold | 199 | 241 | 21.11% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 31406
Browse Homes in 31406
The median list price of a home in Savannah, is $275,063.01. A total of 60 properties are for sale, and the percentage of properties for sale in the zip code is 60.00%. The total count of 31406 properties is 11,106.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 31406 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 31406; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 31406 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 31406. There is 1 cities within 31406; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssavannah has 65 auction properties, the highest number of properties going to auction in a single city in the state of 31406. Auction homes and other auction properties account for 0.07% of all properties in 31406. There is 1 cities within 31406; of that cities, the median estimated home value for homes going to auction ranges from $1,223,673 in savannah to the lowest value of $63,984 in savannah.
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More Real Estate Resources for 31406
Guide for 31406
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.
Georgia foreclosure laws and processes are important to know for real estate investors. Get all the information on GA foreclosure timelines and laws here
Learn how a short sale can stop the foreclosure process.
