ZIP Code 31401 — Savannah, GA Home Prices (2026)

The typical home in ZIP 31401 (Savannah, Georgia) is worth about $565,000 at roughly $463 per square foot — 78% more expensive than the Savannah median and 92% more expensive than the typical U.S. home.

$565,000

Typical home value

$463

Price per sq ft

#1 of 7

Savannah ZIPs by value

+78%

vs Savannah median

How 31401 compares

ZIP 31401 is one of the pricier ZIP codes in Savannah: its typical home value of $565,000 ranks #1 of the 7 Savannah ZIP codes we track (the citywide range runs from $141,000 in 31415 to $565,000 in 31401). Per square foot it costs about $463, against $229 for Savannah as a whole, $175 for Georgia, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 31401	$565,000	$463
Savannah, GA	$318,000	$229
Georgia	$260,000	$175
United States	$294,000	$195

Home value by size in 31401

Using this ZIP’s rate of about $463 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$463,000
1,500 sq ft	$694,500
2,000 sq ft	$926,000
2,500 sq ft	$1,157,500
3,000 sq ft	$1,389,000

Salary needed to buy a home in ZIP 31401

To buy the typical $565,000 home in ZIP 31401 with 20% down, you need a household income of roughly $154,000 a year (about $3,590 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $183,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$28,300	$4,460/mo	$191,000/yr
10% (+PMI)	$56,500	$4,260/mo	$183,000/yr
20%	$113,000	$3,590/mo	$154,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 31401

At about $463 per square foot, here is roughly how much home different budgets get you in ZIP 31401:

Budget	Approx. size	What that looks like locally
$300k	650 sq ft	below the local median — condos, smaller or older homes
$400k	860 sq ft	below the local median — condos, smaller or older homes
$500k	1080 sq ft	around the typical home here
$600k	1300 sq ft	around the typical home here
$750k	1620 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 31401 home.

Estimate a specific home in 31401

The estimator below is pre-set to ZIP 31401 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Savannah ZIP codes by home value

Where 31401 sits among Savannah’s 7 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	31401 (this page)	$565,000	$463
2	31410	$448,000	$257
3	31405	$346,000	$217
4	31406	$318,000	$229
5	31419	$310,000	$183
6	31404	$254,000	$239
7	31415	$141,000	$192

ZIP 31401 home prices: frequently asked

What is the average home price in ZIP code 31401? +

The typical home in ZIP 31401 (Savannah, GA) is worth about $565,000 as of 2026. That is 78% more expensive than the Savannah median of $318,000 and 92% more expensive than the U.S. median of $294,000.

What is the price per square foot in 31401? +

About $463 per square foot in 31401, versus $229 across Savannah and $175 across Georgia. At that rate a 1,500 sq ft home runs roughly $694,500 and a 2,500 sq ft home about $1,157,500.

What salary do you need to buy a house in ZIP 31401? +

For the typical $565,000 home in ZIP 31401, a household income of about $154,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $183,000; with 5% down about $191,000.

Is 31401 an expensive ZIP code? +

Within Savannah, 31401 ranks #1 of 7 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Savannah. Nationally it is relatively expensive.

See the full Savannah home values page, all Georgia cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.