31312 — Effingham County, Georgia Market Snapshot

Housing market data for zip code 31312 in Effingham County, Georgia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

150 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$349,000

-10.1% YoYClosed sales

Days to Sell

76

Median, listing to close

Homes Sold

150

Closed in 2026

Inventory

193

Sale-to-List

99.0%

New Listings

187

Price/SqFt

$183

Pending Sales

162

Conforming Loan Available

Most homebuyers in 31312 can comfortably use conventional financing. The median home price of $349,000 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 76 days on average, 31312 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 31312 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 31312 can comfortably use conventional financing. The median home price of $349,000 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 31312 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 31312

To purchase the median home at $349,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,824.

Monthly Payment

$2,824

Income Required

$121,026

Principal & Interest

$2,150/mo

Down Payment (5%)

$17,450

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 31312.

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Estimated Monthly Payment

$2,310

Principal & Interest$1,811
Property Tax$349
Insurance$150
Loan Amount$279,200
Total Interest$372,720
Income Required$98,995/yr

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