ZIP Code 31404 — Savannah, GA Home Prices (2026)
The typical home in ZIP 31404 (Savannah, Georgia) is worth about $254,000 at roughly $239 per square foot — 20% more affordable than the Savannah median and 14% more affordable than the typical U.S. home.
How 31404 compares
ZIP 31404 is one of the more affordable ZIP codes in Savannah: its typical home value of $254,000 ranks #6 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 $239, against $229 for Savannah as a whole, $175 for Georgia, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 31404 | $254,000 | $239 |
| Savannah, GA | $318,000 | $229 |
| Georgia | $260,000 | $175 |
| United States | $294,000 | $195 |
Home value by size in 31404
Using this ZIP’s rate of about $239 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 | $239,000 |
| 1,500 sq ft | $358,500 |
| 2,000 sq ft | $478,000 |
| 2,500 sq ft | $597,500 |
| 3,000 sq ft | $717,000 |
Salary needed to buy a home in ZIP 31404
To buy the typical $254,000 home in ZIP 31404 with 20% down, you need a household income of roughly $69,000 a year (about $1,610 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $82,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $12,700 | $2,000/mo | $86,000/yr |
| 10% (+PMI) | $25,400 | $1,920/mo | $82,000/yr |
| 20% | $50,800 | $1,610/mo | $69,000/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 31404
At about $239 per square foot, here is roughly how much home different budgets get you in ZIP 31404:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 630 sq ft | below the local median — condos, smaller or older homes |
| $200k | 840 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1050 sq ft | around the typical home here |
| $300k | 1260 sq ft | around the typical home here |
| $400k | 1670 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 31404 home.
Estimate a specific home in 31404
The estimator below is pre-set to ZIP 31404 — 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 31404 sits among Savannah’s 7 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 31401 | $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 (this page) | $254,000 | $239 |
| 7 | 31415 | $141,000 | $192 |
ZIP 31404 home prices: frequently asked
What is the average home price in ZIP code 31404? +
What is the price per square foot in 31404? +
What salary do you need to buy a house in ZIP 31404? +
Is 31404 an expensive ZIP code? +
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.