Victorian District home values

Victorian District
Savannah, Georgia · Neighborhood report
Typical value $556K · ZIP 31401 · Values through Aug 2026

Victorian District at a glance

  • Zillow’s Home Value Index puts the typical home at $556,300 (Aug 2026), −3.3% over the past 12 months and +10% over five years.
  • The Census median home value is $477,600 — 79% above Savannah overall and 40% above the U.S. median.
  • Median household income is $50,182, so homes cost 9.5× local income.
  • Median rent is $1,428/month (a 3.6% gross rental yield).
  • Its ZIP ranks 1st of 5 Savannah ZIP codes by home value.
  • These figures are for ZIP 31401, which Victorian District shares with Historic District, Starland District, Baldwin Park.
Value trend

Victorian District home value trend

$556K
Typical value (Aug 2026)
−3.3%
1-year change
+10%
5-year change
+96%
10-year change
Victorian District typical home value, Aug 2016 to Aug 2026$200K$400K$600K20182020202220242026
Victorian DistrictSavannah

Over the 12 months to Aug 2026, typical home values in Victorian District fell 3.3%, to about $556,300. That is in step with Savannah (−3.7%). Values are 6.2% below their peak of $593,100 in Jan 2024. Over five years the typical home gained $52,600 in value (+10%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$556,300−3.3%
Aug 2025$575,300−0.4%
Aug 2024$577,400−1.2%
Aug 2023$584,400+0.1%
Aug 2022$583,700+15.9%
Aug 2021$503,700+18.6%
Aug 2020$424,900+8.7%
Aug 2019$391,000+10.9%
Aug 2018$352,400+10.2%
Aug 2017$319,800+12.4%
Aug 2016$284,400—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.

Value score

Victorian District home value score

0.7
Value Score / 10
Census-based
from local value, rent & income

In ZIP 31401, prices are high relative to rents (a low gross yield), and homes are expensive against local incomes.

How the Value Score is built

Rental yield0.8 / 10
Gross annual rent as a share of home value — 3.6% here. Higher means stronger cash flow.
Affordability0.6 / 10
Home value versus local income — 9.5× here. Lower is more affordable.

Computed figures

3.6%
Gross rental yield
9.5×
Price-to-income
+40%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Comparison

Victorian District vs Savannah, Georgia and the U.S.

Victorian DistrictSavannahGeorgiaU.S.
Typical value (Zillow, Aug 2026)$556,300$323,100$327,300—
1-year change−3.3%−3.7%−0.3%—
5-year change+10%+30%+18%—
Median home value (Census)$477,600$266,700$303,600$340,200
Median household income$50,182$60,700$70,300$78,500
Median gross rent$1,428/mo$1,325/mo$1,332/mo$1,406/mo
Price-to-income ratio9.5×4.4×4.3×4.3×
Gross rental yield3.6%6.0%5.3%5.0%
Rent as share of income34%26%23%21%
Mortgage payment*$2,415/mo$1,349/mo$1,535/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in Victorian District

$556K
Typical price
$111K
Down payment (20%)
$2,813
Monthly P&I
$1,428
Median rent

At today’s typical value of $556,300 (Zillow, Aug 2026), a buyer putting 20% down ($111,260) and financing the rest at 6.5% over 30 years would pay about $2,813 a month in principal and interest — 67% of the median household income here. That is well above the common 28% guideline, so buying here typically takes an above-median income, a larger down payment or existing equity. The median rent is $1,428/month, so owning costs roughly 97% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Victorian District

Buyers

At 9.5× local income, this is a premium market; expect competition for the few homes at the lower end of the range. Prices have eased 3.3% over the past year, which gives buyers more room to negotiate.

Sellers

Values are down 3.3% on the year, so price to today’s market rather than last year’s peak — and get a home-specific estimate: condition and size move the number more than the area average.

Investors

A gross rental yield of 3.6% is low — this is an appreciation play rather than a cash-flow market.

Nearby

Other neighborhoods in Savannah

NameHome value1-yrIncomeRentPrice / income
Ardsley Park ZIP 31405 · shared$305K−2.2%$62K$1,4314.9×
Baldwin Park ZIP 31401 · shared$478K−3.3%$50K$1,4289.5×
Chatham Crescent ZIP 31405 · shared$305K−2.2%$62K$1,4314.9×
Cuyler-Brownville city data$112K−12.1%$38K$9733.0×
Eastside city data$112K−12.1%$38K$9733.0×
Georgetown city data$112K−12.1%$38K$9733.0×
Gordonston ZIP 31404 · shared$193K−5.1%$50K$1,1993.9×
Historic District ZIP 31401 · shared$478K−3.3%$50K$1,4289.5×
Isle of Hope$261K−3.5%$66K$1,3403.9×
Southside ZIP 31419 · shared$240K−2.2%$71K$1,3443.4×
Starland District ZIP 31401 · shared$478K−3.3%$50K$1,4289.5×
Thomas Square city data$112K−12.1%$38K$9733.0×
Thunderbolt ZIP 31404 · shared$193K−5.1%$50K$1,1993.9×
Vernonburg ZIP 31419 · shared$240K−2.2%$71K$1,3443.4×
Victorian District ZIP 31401 · shared$478K−3.3%$50K$1,4289.5×
West Savannah city data$112K−12.1%$38K$9733.0×
Windsor Forest ZIP 31419 · shared$240K−2.2%$71K$1,3443.4×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Common questions

Victorian District real estate FAQ

Are home prices going up in Victorian District?

Down — the Zillow Home Value Index for Victorian District fell 3.3% in the 12 months to Aug 2026, to about $556,300. Savannah changed −3.7% over the same period. Over five years values are +10%.

What is the typical home value in Victorian District?

The median owner-occupied home in Victorian District is valued at about $477,600 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — 40% above the U.S. median and 79% above Savannah. Zillow’s more current index puts the typical home at about $556,300.

Is Victorian District affordable?

Homes cost about 9.5× the median household income of $50,182, which makes it an expensive market relative to local earnings. At today’s typical value of about $556,300, principal and interest would take about 67% of that income.

How much is rent in Victorian District?

Median gross rent (rent plus utilities) is about $1,428 a month, about the same as the U.S. median, or 34% of the median household income.

Is Victorian District good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 3.6%. That is low, so investors here usually rely on appreciation rather than rental income.
Your home

What’s your Victorian District home worth?

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Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.