27816 — Franklin County, North Carolina Market Snapshot
Housing market data for zip code 27816 in Franklin County, North Carolina. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 3 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Franklin County county page for broader data.
Market Sales Data
3 sales in 2026 (year to date)
Median Sale Price
$285,990
Days to Sell
30
Homes Sold
3
Inventory
21
Conforming Loan Available
Most homebuyers in 27816 can comfortably use conventional financing. The median home price of $285,990 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
27816's market is balanced with homes taking an average of 30 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Conforming Loan Feasibility
Most homebuyers in 27816 can comfortably use conventional financing. The median home price of $285,990 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 27816 are set at the county level.
2026 Loan Limits — Franklin 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 27816
To purchase the median home at $285,990 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,341.
Monthly Payment
$2,341
Income Required
$100,336
Principal & Interest
$1,762/mo
Down Payment (5%)
$14,300
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 27816.
Estimated Monthly Payment
$1,920
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