31516 — Pierce County, Georgia Market Snapshot
Housing market data for zip code 31516 in Pierce County, Georgia. Updated monthly with median prices, days on market, and more.
Market Sales Data
43 sales in 2026 (year to date)
Median Sale Price
$290,500
Days to Sell
87
Homes Sold
43
Inventory
65
Sale-to-List
98.3%
New Listings
54
Price/SqFt
$156
Pending Sales
49
Conforming Loan Available
Most homebuyers in 31516 can comfortably use conventional financing. The median home price of $290,500 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 87 days on average, 31516 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 31516 (98.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 31516 can comfortably use conventional financing. The median home price of $290,500 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 31516 are set at the county level.
2026 Loan Limits — Pierce 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 31516
To purchase the median home at $290,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,376.
Monthly Payment
$2,376
Income Required
$101,817
Principal & Interest
$1,790/mo
Down Payment (5%)
$14,525
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 31516.
Estimated Monthly Payment
$1,948
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