31047 — Houston County, Georgia Market Snapshot

Housing market data for zip code 31047 in Houston County, Georgia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

122 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$365,000

11.8% YoYClosed sales

Days to Sell

62

Median, listing to close

Homes Sold

122

Closed in 2026

Inventory

90

Sale-to-List

99.6%

New Listings

158

Price/SqFt

$176

Pending Sales

131

Conforming Loan Available

Most homebuyers in 31047 can comfortably use conventional financing. The median home price of $365,000 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 62 days on average, 31047 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 31047 (99.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 31047 can comfortably use conventional financing. The median home price of $365,000 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 31047 are set at the county level.

2026 Loan Limits — Houston 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 31047

To purchase the median home at $365,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,947.

Monthly Payment

$2,947

Income Required

$126,279

Principal & Interest

$2,249/mo

Down Payment (5%)

$18,250

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 31047.

%
%

Estimated Monthly Payment

$2,409

Principal & Interest$1,894
Property Tax$365
Insurance$150
Loan Amount$292,000
Total Interest$389,808
Income Required$103,239/yr

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