31302 — Effingham County, Georgia Market Snapshot
Housing market data for zip code 31302 in Effingham County, Georgia. Updated monthly with median prices, days on market, and more.
Market Sales Data
39 sales in 2026 (year to date)
Median Sale Price
$352,119
Days to Sell
112
Homes Sold
39
Inventory
104
Sale-to-List
98.9%
New Listings
88
Price/SqFt
$163
Pending Sales
69
Conforming Loan Available
Most homebuyers in 31302 can comfortably use conventional financing. The median home price of $352,119 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 112 days on average, 31302 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 31302 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 31302 can comfortably use conventional financing. The median home price of $352,119 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 31302 are set at the county level.
2026 Loan Limits — Effingham County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 31302
To purchase the median home at $352,119 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,848.
Monthly Payment
$2,848
Income Required
$122,050
Principal & Interest
$2,170/mo
Down Payment (5%)
$17,606
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 31302.
Estimated Monthly Payment
$2,329
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