Winston FHA Loan Rates, Closing Costs & Stats

WINSTON-SALEM, NC

FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

For additional requirements as defined by the FHA, click here.

Winston's 161 lenders originated 2,251 FHA loans during 2024. The total origination value was $575,785,000, with an average FHA loan value of $255,791.

Winston FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Winston averaged 6.92% for the week of 2025-05-23, compared to the national average (all FHA variants) of 6.612% for the same period.

Winston's average FHA mortgage closing costs are $7,685.

The average rate for the prior week (2025-05-16) was 6.85% and one month ago for the week of 2025-04-18, the average rate was 6.58%.

The average rate one year ago was 6.85%.

For refis of the same type during the week of 2025-05-23, the average rate was 6.51%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Winston FHA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Winston level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 227 6.36% $10,783
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 182 6.55% $11,693
DHI MORTGAGE COMPANY, LTD. 127 5.05% $7,739
MOVEMENT MORTGAGE, LLC 122 6.54% $11,018
UNITED WHOLESALE MORTGAGE, LLC 85 6.03% $12,671
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 85 6.70% $10,253
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 72 6.34% $10,586
CROSSCOUNTRY MORTGAGE, LLC 56 6.50% $11,682
FREEDOM MORTGAGE CORPORATION 56 6.45% $11,464
INSPIRE HOME LOANS INC. 50 5.73% $9,052
CMG MORTGAGE, INC. 46 6.69% $10,545
BROKER SOLUTIONS, INC. 40 6.72% $11,092
LOANDEPOT.COM, LLC 40 6.21% $9,486
VANDERBILT MORTGAGE AND FINANCE, INC. 35 5.96% $13,803
PENNYMAC LOAN SERVICES, LLC 27 6.02% $10,076
UNION HOME MORTGAGE CORP. 25 6.46% $9,323
CARDINAL FINANCIAL 24 6.68% $12,026
Ameris Bank 23 6.46% $9,586
Carrington Mortgage Services, LLC 22 6.43% $9,415
Prosperity Home Mortgage, LLC 20 6.18% $11,670
ENVOY MORTGAGE, LTD 20 6.74% $12,133
Truist 18 6.63% $8,809
Mr. Cooper ( Nationstar Mortgage ) 17 6.69% $12,324
GUARANTEED RATE, INC. 17 6.49% $10,290
MICHIGAN MUTUAL, INC. 16 6.16% $8,939
CANOPY MORTGAGE, LLC 16 6.44% $13,058
Equity Prime Mortgage LLC 15 6.97% $12,416
Blue Ridge Bank 14 6.84% $9,580
Flagstar Bank, FSB 14 5.88% $9,546
SUMMIT FUNDING, INC. 14 5.94% $10,665
RELIANCE FIRST CAPITAL, LLC 13 6.71% $10,083
PULTE MORTGAGE LLC 13 5.98% $7,589
NEWREZ LLC 12 6.41% $9,820
HOWARD HANNA FINANCIAL SERVICES, INC. 12 6.51% $9,637
Ixonia Bank 12 6.46% $10,959
U.S. Bank 11 6.44% $6,440
EMM LOANS LLC 11 6.26% $13,721
PLAZA HOME MORTGAGE, INC. 10 6.56% $11,271
MUTUAL OF OMAHA MORTGAGE, INC. 10 6.48% $15,173
AMERICAN FINANCIAL RESOURCES, INC. 10 6.29% $12,265
Pinnacle Bank 9 6.36% $11,003
AMERISAVE MORTGAGE CORPORATION 9 6.25% $11,945
EAGLE HOME MORTGAGE, LLC 9 4.85% $7,473
Mortgage Research Center, LLC 8 6.88% $6,154
HOMESIDE FINANCIAL, LLC 8 6.23% $13,847
AmRes Corporation 7 6.63% $13,102
LAKEVIEW LOAN SERVICING, LLC 7 6.29% $8,842
MILEND, INC. 7 6.61% $11,771
NFM, INC. 7 7.30% $9,639
AMERICAN FINANCING CORPORATION 7 5.95% $12,763
Wolfe Financial, Inc 7 6.98% $11,395
First-Citizens Bank & Trust Company 7 5.45% $10,461
Atlantic Coast Mortgage, LLC 7 6.57% $13,044
GUILD MORTGAGE COMPANY 7 6.88% $9,809
Integrity Home Mortgage Corp 7 6.70% $11,867
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 6.77% $13,899
HOMEBRIDGE FINANCIAL SERVICES, INC. 6 6.50% $6,527
ZILLOW HOME LOANS, LLC 6 6.63% $10,257
T2 FINANCIAL LLC 6 6.92% $11,800
SeaTrust Mortgage Company 6 6.56% $8,829
First National Bank of Pennsylvania 6 6.23% $8,905
Wells Fargo Bank 5 6.30% $11,996
BAY EQUITY LLC 5 6.50% $9,698
SUN WEST MORTGAGE COMPANY, INC. 5 6.33% $15,544
AMERICAN FINANCIAL NETWORK, INC. 5 7.05% $13,324
The Fidelity Bank 5 6.85% $10,253
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 6.80% $11,011
INTERCOASTAL MORTGAGE COMPANY 5 6.10% $9,368
Bank of America 4 6.25% $8,075
VILLAGE CAPITAL MORTGAGE 4 6.47% $4,177
Truliant Federal Credit Union 4 6.19% $7,377
TruHome Solutions, LLC 4 6.59% $9,952
Towne Bank 4 5.66% $11,549
TOP FLITE FINANCIAL, INC. 4 7.31% $13,626
MORTGAGE FINANCIAL GROUP, INC. 4 6.28% $10,016
CORNERSTONE HOME LENDING, INC. 4 6.72% $8,042
HALLMARK HOME MORTGAGE, LLC 4 6.41% $12,144
American Security Mortgage Corp. 4 6.28% $11,682
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.12% $13,419
LOANPAL, LLC 4 5.81% $10,758
LEADERONE FINANCIAL CORPORATION 3 6.08% $15,317
PLANET HOME LENDING, LLC 3 6.13% $6,482
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.50% $11,585
AmeriHome Mortgage Company, LLC 3 6.54% $7,372
THE MORTGAGE FIRM, INC. 3 6.83% $11,378
TOWNE MORTGAGE COMPANY 3 6.33% $13,018
EQUITY RESOURCES, INC. 3 6.75% $9,855
VERITAS FUNDING, LLC 3 6.63% $13,855
EVERETT FINANCIAL, INC. 3 7.21% $9,437
First Federal Bank 3 6.13% $7,124
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 6.67% $8,819
MID AMERICA MORTGAGE, INC. 3 7.71% $9,755
MORTGAGE INVESTORS GROUP, INC. 3 6.16% $7,501
CALCON MUTUAL MORTGAGE LLC 3 7.46% $10,101
Paramount Residential Mortgage Group, Inc. 3 6.50% $9,979
Keystone Funding, Inc. 2 6.81% $12,365
Bank of England 2 6.63% $18,947
HOMESPIRE MORTGAGE CORPORATION 2 6.88% $8,643
M&T Bank 2 7.13% $7,057
GoPrime Mortgage, Inc. 2 6.44% $9,309
First Horizon Bank 2 6.81% $10,743
Plains Commerce Bank 2 6.25% $17,524
FIRST COLONY MORTGAGE CORPORATION 2 6.44% $12,729
First Bank 2 6.13% $7,927
V.I.P. MORTGAGE, INC. 2 7.12% $6,896
The Federal Savings Bank 2 6.69% $11,248
STOCKTON MORTGAGE CORPORATION 2 6.44% $8,981
ROYAL UNITED MORTGAGE LLC 2 7.19% $9,077
Century Mortgage Company DBA Century Lending Company 2 6.69% $14,937
Alcova Mortgage LLC 2 6.56% $9,718
BETTER MORTGAGE CORPORATION 2 5.12% $13,887
Renasant Bank 2 6.25% $8,507
Barrington Bank & Trust Company, N.A. 2 6.50% $8,454
MYCUMORTGAGE, LLC 1 6.63% $8,468
AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.75% $8,777
ALLIANT CREDIT UNION 1 6.13% $6,254
ALLIED MORTGAGE GROUP, INC. 1 6.63% $9,117
American Mortgage & Equity Consultants, Inc. 1 6.13% $15,128
Assurance Financial Group, L.L.C. 1 7.13% $6,552
BAY-VALLEY MORTGAGE GROUP 1 5.75% $17,375
CASTLE & COOKE MORTGAGE, LLC 1 7.25% $16,441
Chickasaw Community Bank 1 6.00% $9,073
CityWorth Mortgage LLC 1 6.63% $11,215
DELMAR FINANCIAL COMPANY 1 6.63% $9,651
DIRECT MORTGAGE LOANS, LLC 1 6.63% $9,570
Encompass Lending Group, LP 1 7.25% $13,234
EVANSVILLE TEACHERS 1 5.75% $20,095
FBC MORTGAGE, LLC 1 6.75% $8,663
FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.25% $13,351
Franklin Loan Corporation 1 5.75% $19,903
Gateway First Bank 1 6.75% $8,955
GUARANTEED RATE AFFINITY, LLC 1 6.63% $13,521
GVC MORTGAGE, INC. 1 6.63% $12,381
JPMorgan Chase Bank 1 6.63% $6,986
LADERA LENDING, INC. 1 6.63% $9,061
Lakeview Community Capital, LLC 1 5.75% $14,169
LAND HOME FINANCIAL SERVICES, INC. 1 7.00% $16,363
LOANLEADERS OF AMERICA, INC. 1 7.13% $8,427
Loan Simple, Inc. 1 7.25% $8,840
ABSOLUTE HOME MORTGAGE CORPORATION 1 6.00% $10,203
NATION ONE MORTGAGE CORPORATION 1 6.75% $12,856
Nations Lending Corporation 1 6.75% $13,912
NBKC BANK 1 6.13% $7,161
NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $14,397
NEW DAY FINANCIAL, LLC 1 7.38% $4,478
Northpointe Bank 1 5.50% $13,781
OCMBC, INC. 1 7.25% $12,359
ON Q FINANCIAL, INC. 1 6.25% $13,985
PNC Bank 1 6.50% $10,170
RADIUS FINANCIAL GROUP INC. 1 6.63% $3,988
Regions Bank 1 5.63% $7,378
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 6.25% $9,969
Sierra Pacific Mortgage Company, Inc. 1 6.25% $9,482
Simmons Bank 1 5.63% $11,451
SIRVA MORTGAGE, INC. 1 6.00% $5,235
Strong Home Mortgage, LLC 1 6.25% $11,288
SUCCESS MORTGAGE PARTNERS, INC. 1 6.13% $18,080
Summit Mortgage Corporation 1 7.75% $13,657
United Community Bank 1 6.50% $6,818
UNITED MORTGAGE CORP 1 5.88% $20,630
Uwharrie Bank 1 6.63% $8,897

The top Winston FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 227 FHA loans originated. Their average total fees are $10,783, which is $911 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

The lowest fee Winston FHA lenders (with over 10 loans originated) are U.S. Bank ($6,440), PULTE MORTGAGE LLC ($7,589), DHI MORTGAGE COMPANY, LTD. ($7,739), Truist ($8,809) and MICHIGAN MUTUAL, INC. ($8,939).

The lowest rate Winston FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.05%), INSPIRE HOME LOANS INC. (5.73%), Flagstar Bank, FSB (5.88%), SUMMIT FUNDING, INC. (5.94%) and VANDERBILT MORTGAGE AND FINANCE, INC. (5.96%).

Winston FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
WINSTON-SALEM, NC DAVIDSON 2022 $420,680 $538,650 $651,050 $809,150
WINSTON-SALEM, NC DAVIE 2022 $420,680 $538,650 $651,050 $809,150
WINSTON-SALEM, NC FORSYTH 2022 $420,680 $538,650 $651,050 $809,150
WINSTON-SALEM, NC STOKES 2022 $420,680 $538,650 $651,050 $809,150
WINSTON-SALEM, NC YADKIN 2022 $420,680 $538,650 $651,050 $809,150
WINSTON-SALEM, NC DAVIDSON 2023 $472,030 $604,400 $730,525 $907,900
WINSTON-SALEM, NC DAVIE 2023 $472,030 $604,400 $730,525 $907,900
WINSTON-SALEM, NC FORSYTH 2023 $472,030 $604,400 $730,525 $907,900
WINSTON-SALEM, NC STOKES 2023 $472,030 $604,400 $730,525 $907,900
WINSTON-SALEM, NC YADKIN 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Winston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $204,150 (10.4%) $301,976 (14.5%) 0.76 2,077
2018-02-01 $218,675 (17.1%) $312,575 (16.4%) 0.79 2,037
2018-03-01 $228,118 (18.2%) $314,482 (13.3%) 0.80 2,107
2018-04-01 $233,009 (17.2%) $318,006 (11.9%) 0.79 2,161
2018-05-01 $239,371 (18.9%) $319,988 (11.1%) 0.80 2,233
2018-06-01 $240,000 (18.9%) $319,048 (10.8%) 0.80 2,275
2018-07-01 $243,950 (19.3%) $316,025 (7.5%) 0.81 2,351
2018-08-01 $238,923 (19.5%) $305,813 (3.5%) 0.80 2,154
2018-09-01 $239,000 (19.6%) $305,604 (4.3%) 0.80 2,179
2018-10-01 $239,900 (17.9%) $304,662 (1.8%) 0.81 2,167
2018-11-01 $232,400 (12.0%) $298,707 (-1.0%) 0.79 2,106
2018-12-01 $229,900 (15.0%) $297,079 (-0.3%) 0.79 1,893
2019-01-01 $234,675 (15.0%) $300,636 (-0.4%) 0.81 1,764
2019-02-01 $242,388 (10.8%) $311,068 (-0.5%) 0.82 1,699
2019-03-01 $255,471 (12.0%) $322,223 (2.5%) 0.84 1,755
2019-04-01 $267,925 (15.0%) $333,713 (4.9%) 0.85 1,794
2019-05-01 $273,575 (14.3%) $338,795 (5.9%) 0.86 1,857
2019-06-01 $274,950 (14.6%) $343,709 (7.7%) 0.86 1,866
2019-07-01 $275,000 (12.7%) $345,713 (9.4%) 0.86 1,842
2019-08-01 $276,847 (15.9%) $345,395 (12.9%) 0.88 1,861
2019-09-01 $274,368 (14.8%) $344,980 (12.9%) 0.88 1,896
2019-10-01 $273,995 (14.2%) $347,574 (14.1%) 0.88 1,899
2019-11-01 $274,900 (18.3%) $349,355 (17.0%) 0.90 1,784
2019-12-01 $269,975 (17.4%) $346,568 (16.7%) 0.90 1,624
2020-01-01 $269,950 (15.0%) $348,326 (15.9%) 0.90 1,526
2020-02-01 $289,990 (19.6%) $368,791 (18.6%) 0.95 1,418
2020-03-01 $288,700 (13.0%) $366,790 (13.8%) 0.91 1,440
2020-04-01 $284,088 (6.0%) $365,844 (9.6%) 0.89 1,522
2020-05-01 $299,900 (9.6%) $381,822 (12.7%) 0.91 1,369
2020-06-01 $301,359 (9.6%) $391,121 (13.8%) 0.89 1,237
2020-07-01 $309,725 (12.6%) $399,352 (15.5%) 0.90 1,117
2020-08-01 $304,280 (9.9%) $387,272 (12.1%) 0.87 1,060
2020-09-01 $299,600 (9.2%) $371,642 (7.7%) 0.86 1,085
2020-10-01 $299,900 (9.5%) $376,131 (8.2%) 0.86 1,065
2020-11-01 $279,900 (1.8%) $353,083 (1.1%) 0.82 981
2020-12-01 $269,499 (-0.2%) $353,112 (1.9%) 0.80 891
2021-01-01 $272,990 (1.1%) $351,659 (1.0%) 0.81 785
2021-02-01 $280,285 (-3.4%) $362,995 (-1.6%) 0.82 682
2021-03-01 $283,530 (-1.8%) $380,758 (3.8%) 0.80 653
2021-04-01 $277,983 (-2.2%) $376,938 (3.0%) 0.75 643
2021-05-01 $265,000 (-11.6%) $355,750 (-6.8%) 0.70 656
2021-06-01 $267,450 (-11.3%) $354,636 (-9.3%) 0.70 727
2021-07-01 $274,317 (-11.4%) $350,350 (-12.3%) 0.72 772
2021-08-01 $267,400 (-12.1%) $341,592 (-11.8%) 0.71 819
2021-09-01 $267,400 (-10.8%) $340,841 (-8.3%) 0.71 887
2021-10-01 $269,900 (-10.0%) $346,196 (-8.0%) 0.72 891
2021-11-01 $275,975 (-1.4%) $346,101 (-2.0%) 0.74 832
2021-12-01 $269,900 (0.2%) $341,611 (-3.3%) 0.73 696
2022-01-01 $290,609 (6.5%) $368,825 (4.9%) 0.79 571
2022-02-01 $292,375 (4.3%) $373,307 (2.8%) 0.76 529
2022-03-01 $287,450 (1.4%) $367,309 (-3.5%) 0.72 568
2022-04-01 $299,900 (7.9%) $372,589 (-1.2%) 0.71 603
2022-05-01 $304,498 (14.9%) $375,700 (5.6%) 0.70 763
2022-06-01 $317,475 (18.7%) $382,704 (7.9%) 0.71 839
2022-07-01 $320,995 (17.0%) $380,322 (8.6%) 0.72 940
2022-08-01 $320,493 (19.9%) $368,682 (7.9%) 0.74 1,017
2022-09-01 $315,000 (17.8%) $368,033 (8.0%) 0.74 1,012
2022-10-01 $319,995 (18.6%) $374,137 (8.1%) 0.75 1,091
2022-11-01 $319,950 (15.9%) $374,161 (8.1%) 0.77 1,088
2022-12-01 $319,997 (18.6%) $378,179 (10.7%) 0.79 1,038
2023-01-01 $325,000 (11.8%) $379,661 (2.9%) 0.81 972
2023-02-01 $329,764 (12.8%) $383,441 (2.7%) 0.80 963
2023-03-01 $332,882 (15.8%) $383,835 (4.5%) 0.79 907
2023-04-01 $339,900 (13.3%) $401,600 (7.8%) 0.79 901
2023-05-01 $345,983 (13.6%) $407,131 (8.4%) 0.78 874
2023-06-01 $341,017 (7.4%) $420,368 (9.8%) 0.77 889
2023-07-01 $340,000 (5.9%) $429,776 (13.0%) 0.77 895
2023-08-01 $339,910 (6.1%) $427,871 (16.1%) 0.78 962
2023-09-01 $331,508 (5.2%) $415,641 (12.9%) 0.77 1,044
2023-10-01 $335,000 (4.7%) $413,538 (10.5%) 0.79 1,100
2023-11-01 $334,975 (4.7%) $405,738 (8.4%) 0.80 1,181
2023-12-01 $330,000 (3.1%) $397,833 (5.2%) 0.80 1,182
2024-01-01 $335,000 (3.1%) $398,993 (5.1%) 0.82 1,085
2024-02-01 $328,750 (-0.3%) $394,607 (2.9%) 0.79 1,070
2024-03-01 $334,900 (0.6%) $408,099 (6.3%) 0.79 1,103
2024-04-01 $337,450 (-0.7%) $416,685 (3.8%) 0.78 1,146
2024-05-01 $354,511 (2.5%) $428,674 (5.3%) 0.81 1,168
2024-06-01 $357,392 (4.8%) $419,349 (-0.2%) 0.81 1,214
2024-07-01 $349,950 (2.9%) $420,582 (-2.1%) 0.80 1,304
2024-08-01 $349,900 (2.9%) $421,277 (-1.5%) 0.81 1,347
2024-09-01 $348,700 (5.2%) $419,334 (0.9%) 0.82 1,456
2024-10-01 $347,575 (3.8%) $416,402 (0.7%) 0.82 1,502
2024-11-01 $335,000 (0.0%) $416,250 (2.6%) 0.80 1,593
2024-12-01 $335,950 (1.8%) $418,473 (5.2%) 0.83 1,495
2025-01-01 $335,000 (0.0%) $424,900 (6.5%) 0.84 1,375
2025-02-01 $338,750 (3.0%) $422,762 (7.1%) 0.82 1,330
2025-03-01 $347,500 (3.8%) $427,216 (4.7%) 0.82 1,379
2025-04-01 $350,000 (3.7%) $433,569 (4.1%) 0.81 1,445
Winston's median listing price for 2025-04-01 was $350,000, a difference of $12,550 (3.7%) versus the prior year and $2,500 versus the prior month.

Winston's median listing price comes in at 81% of the national average.

Winston's average listing price for 2025-04-01 was $433,569, a difference of $16,884 (4.1%) versus the prior year and $6,353 versus the prior month.

For the 2025-04-01 period, Winston had 1,445 MLS listings, a difference of 66 listings (5%) versus the prior month and 299 listings (26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Winston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 92 days 2,115 sqft
2018-02-01 86 days 2,112 sqft
2018-03-01 60 days 2,141 sqft
2018-04-01 59 days 2,168 sqft
2018-05-01 58 days 2,200 sqft
2018-06-01 58 days 2,222 sqft
2018-07-01 66 days 2,248 sqft
2018-08-01 65 days 2,214 sqft
2018-09-01 65 days 2,208 sqft
2018-10-01 70 days 2,174 sqft
2018-11-01 75 days 2,106 sqft
2018-12-01 85 days 2,077 sqft
2019-01-01 94 days 2,082 sqft
2019-02-01 92 days 2,134 sqft
2019-03-01 71 days 2,228 sqft
2019-04-01 54 days 2,319 sqft
2019-05-01 52 days 2,338 sqft
2019-06-01 58 days 2,352 sqft
2019-07-01 64 days 2,377 sqft
2019-08-01 64 days 2,380 sqft
2019-09-01 61 days 2,340 sqft
2019-10-01 59 days 2,338 sqft
2019-11-01 65 days 2,334 sqft
2019-12-01 76 days 2,300 sqft
2020-01-01 80 days 2,282 sqft
2020-02-01 79 days 2,362 sqft
2020-03-01 52 days 2,385 sqft
2020-04-01 50 days 2,327 sqft
2020-05-01 65 days 2,433 sqft
2020-06-01 70 days 2,413 sqft
2020-07-01 57 days 2,483 sqft
2020-08-01 51 days 2,431 sqft
2020-09-01 41 days 2,334 sqft
2020-10-01 46 days 2,341 sqft
2020-11-01 63 days 2,218 sqft
2020-12-01 79 days 2,109 sqft
2021-01-01 78 days 2,110 sqft
2021-02-01 73 days 2,099 sqft
2021-03-01 45 days 2,109 sqft
2021-04-01 45 days 2,065 sqft
2021-05-01 51 days 1,975 sqft
2021-06-01 44 days 1,942 sqft
2021-07-01 46 days 1,927 sqft
2021-08-01 37 days 1,908 sqft
2021-09-01 36 days 1,903 sqft
2021-10-01 38 days 1,908 sqft
2021-11-01 46 days 1,925 sqft
2021-12-01 52 days 1,860 sqft
2022-01-01 57 days 1,953 sqft
2022-02-01 47 days 1,987 sqft
2022-03-01 32 days 1,935 sqft
2022-04-01 35 days 2,002 sqft
2022-05-01 35 days 2,030 sqft
2022-06-01 37 days 2,056 sqft
2022-07-01 39 days 2,065 sqft
2022-08-01 43 days 2,051 sqft
2022-09-01 45 days 2,027 sqft
2022-10-01 44 days 2,100 sqft
2022-11-01 51 days 2,083 sqft
2022-12-01 58 days 2,123 sqft
2023-01-01 63 days 2,107 sqft
2023-02-01 47 days 2,092 sqft
2023-03-01 45 days 2,062 sqft
2023-04-01 40 days 2,036 sqft
2023-05-01 46 days 2,080 sqft
2023-06-01 44 days 2,074 sqft
2023-07-01 43 days 2,031 sqft
2023-08-01 42 days 2,014 sqft
2023-09-01 42 days 1,964 sqft
2023-10-01 42 days 1,997 sqft
2023-11-01 44 days 1,915 sqft
2023-12-01 51 days 1,836 sqft
2024-01-01 59 days 1,847 sqft
2024-02-01 48 days 1,796 sqft
2024-03-01 44 days 1,774 sqft
2024-04-01 43 days 1,871 sqft
2024-05-01 43 days 1,908 sqft
2024-06-01 45 days 1,961 sqft
2024-07-01 46 days 1,911 sqft
2024-08-01 47 days 1,795 sqft
2024-09-01 48 days 1,774 sqft
2024-10-01 49 days 1,767 sqft
2024-11-01 52 days 1,764 sqft
2024-12-01 60 days 1,729 sqft
2025-01-01 70 days 1,663 sqft
2025-02-01 62 days 1,769 sqft
2025-03-01 49 days 1,834 sqft
2025-04-01 41 days 1,895 sqft
Winston's median listing age (time on market) for 2025-04-01 was 41 days. This is -6% shorter than the same period one year ago.

Winston's median square footage for active listings during the 2025-04-01 period was 1,895 sqft. One year prior, the average listing was 1,871 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).