31316 — Long County, Georgia Market Snapshot
Housing market data for zip code 31316 in Long County, Georgia. Updated monthly with median prices, days on market, and more.
Market Sales Data
91 sales in 2026 (year to date)
Median Sale Price
$288,625
Days to Sell
81
Homes Sold
91
Inventory
251
Sale-to-List
99.1%
New Listings
227
Price/SqFt
$155
Pending Sales
135
Conforming Loan Available
Most homebuyers in 31316 can comfortably use conventional financing. The median home price of $288,625 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 81 days on average, 31316 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 31316 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 31316 can comfortably use conventional financing. The median home price of $288,625 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 31316 are set at the county level.
2026 Loan Limits — Long 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 31316
To purchase the median home at $288,625 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,361.
Monthly Payment
$2,361
Income Required
$101,201
Principal & Interest
$1,778/mo
Down Payment (5%)
$14,431
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 31316.
Estimated Monthly Payment
$1,936
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 31316. Tell us what you're looking for.