The story of this market
The typical home in ZIP 31318 sells for about $244,000, or $132 per square foot.
Homes take about 79 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,520 a month.
ZIP 31318 — Meldrim
The housing market in 31318 is characterized by limited inventory and stable home values, with a median home value of approximately $244,000. Market activity is sparse, and several metrics such as sales counts and specific tax rates are not published at the ZIP level. The area serves as a quiet, rural-leaning residential zone within the Savannah MSA.
This ZIP is primarily suited for those seeking rural or semi-rural residential living within commuting distance of the Savannah metro area.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 79 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 4.5% — a stable, low-distress profile.
ZCTA 31318
The area is subject to FEMA flood and wind risk profiles consistent with the coastal Georgia region, though specific ZIP-level insurance data is not published.
The area is part of the Savannah MSA, benefiting from regional industrial and logistics expansion, though specific major employer counts for this ZIP are not published.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Georgia) — Homestead Exemption: Provides a reduction in the assessed value of the property; the state standard exemption is $2,000, which is subtracted from the assessed value before the millage rate is applied. State (Georgia) — Ad Valorem Property Tax Assessment: Taxable tangible property is assessed at 40 percent of its fair market value. The formula for tax due is: ((Fair Market Value * 0.40) - Exemptions) * Millage Rate.
Residents typically commute toward the Savannah employment core via regional highway corridors; specific transit data is not published.
The area features rural landscapes and proximity to regional outdoor amenities in Effingham County, though specific local parks or shopping districts within 3 miles are not published.
The rental market is characterized by a HUD-defined Small Area Fair Market Rent of $1,520 for a 2-bedroom unit, reflecting regional growth trends.
The local economy is tied to the broader Savannah MSA, which is anchored by logistics, manufacturing, and port-related industries.
Transportation is primarily automobile-dependent, relying on regional highway access to the Savannah metro area.
Data retrieved from Census Reporter and Postal-Codes.net based on ACS 5-year estimates.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.