Winston FHA Loan Rates, Closing Costs & Stats

WINSTON-SALEM, NC

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    • 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 149 lenders originated 2,078 FHA loans during 2023. The total origination value was $481,180,000, with an average FHA loan value of $231,559.

    Winston FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Winston averaged 6.44% for the week of 2025-02-14, compared to the national average (all FHA variants) of 6.515% for the same period.

    Winston's average FHA mortgage closing costs are $7,197.

    The average rate for the prior week (2025-02-07) was 6.35% and one month ago for the week of 2025-01-10, the average rate was 6.31%.

    The average rate one year ago was 6.24%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.06%.

    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 273 6.19% $10,042
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 161 6.66% $10,972
    DHI MORTGAGE COMPANY, LTD. 128 5.39% $7,446
    MOVEMENT MORTGAGE, LLC 119 6.66% $10,847
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 110 6.73% $9,438
    UNITED WHOLESALE MORTGAGE, LLC 72 6.17% $12,311
    INSPIRE HOME LOANS INC. 62 6.00% $8,647
    CARDINAL FINANCIAL 60 6.74% $13,439
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 57 6.73% $9,804
    CROSSCOUNTRY MORTGAGE, LLC 33 6.78% $10,559
    UNION HOME MORTGAGE CORP. 31 6.95% $9,981
    BROKER SOLUTIONS, INC. 30 6.81% $10,766
    LOANDEPOT.COM, LLC 30 6.39% $10,395
    FREEDOM MORTGAGE CORPORATION 30 6.93% $13,558
    CMG MORTGAGE, INC. 27 6.60% $10,439
    VANDERBILT MORTGAGE AND FINANCE, INC. 27 5.72% $15,355
    GUARANTEED RATE, INC. 26 6.31% $10,999
    Mr. Cooper ( Nationstar Mortgage ) 24 6.02% $13,266
    AMERISAVE MORTGAGE CORPORATION 22 6.14% $13,340
    HOMESIDE FINANCIAL, LLC 22 6.64% $11,712
    Ameris Bank 21 6.55% $8,573
    Carrington Mortgage Services, LLC 20 6.44% $8,853
    Truist 17 6.31% $7,859
    INTERCOASTAL MORTGAGE COMPANY 17 6.44% $10,186
    EVERETT FINANCIAL, INC. 17 6.85% $10,098
    NEWREZ LLC 15 6.30% $9,859
    Atlantic Coast Mortgage, LLC 15 6.96% $9,543
    Prosperity Home Mortgage, LLC 14 6.37% $12,669
    PENNYMAC LOAN SERVICES, LLC 14 6.25% $12,139
    PULTE MORTGAGE LLC 14 5.21% $8,419
    ACADEMY MORTGAGE CORPORATION 12 6.97% $10,268
    CORNERSTONE HOME LENDING, INC. 12 6.54% $11,701
    MORTGAGE SOLUTIONS OF COLORADO, LLC 12 7.21% $8,785
    LAKEVIEW LOAN SERVICING, LLC 11 6.13% $10,222
    MUTUAL OF OMAHA MORTGAGE, INC. 11 6.58% $10,998
    Equity Prime Mortgage LLC 9 6.74% $12,161
    U.S. Bank 9 6.74% $6,797
    PLAZA HOME MORTGAGE, INC. 9 6.46% $15,294
    Truliant Federal Credit Union 8 6.09% $8,410
    HOWARD HANNA FINANCIAL SERVICES, INC. 8 7.03% $8,979
    LOANPAL, LLC 8 5.95% $11,683
    EMM LOANS LLC 7 6.21% $12,618
    Blue Ridge Bank 7 6.78% $7,707
    AMERICAN FINANCING CORPORATION 7 6.05% $12,192
    TOP FLITE FINANCIAL, INC. 6 6.67% $15,108
    Wells Fargo Bank 6 5.88% $8,595
    RELIANCE FIRST CAPITAL, LLC 6 6.77% $14,781
    Nations Lending Corporation 6 6.88% $9,694
    The Fidelity Bank 5 6.80% $9,286
    HOMEBRIDGE FINANCIAL SERVICES, INC. 5 6.80% $8,175
    VILLAGE CAPITAL MORTGAGE 5 6.58% $6,708
    Flagstar Bank, FSB 5 7.03% $11,381
    GUILD MORTGAGE COMPANY 5 6.78% $8,295
    Mortgage Research Center, LLC 5 7.18% $6,911
    First Bank 5 5.72% $7,650
    THRIVE MORTGAGE, LLC 5 6.88% $11,801
    TOWNE MORTGAGE COMPANY 5 7.03% $10,333
    HALLMARK HOME MORTGAGE, LLC 4 7.00% $9,512
    Wolfe Financial, Inc 4 6.84% $6,245
    AMERICAN FINANCIAL NETWORK, INC. 4 7.06% $11,252
    The Federal Savings Bank 4 6.09% $16,924
    Shamrock Home Loans, Inc. 4 6.94% $8,445
    SeaTrust Mortgage Company 4 6.75% $8,801
    RAPID MORTGAGE COMPANY 4 6.16% $13,351
    Northpointe Bank 4 6.31% $9,427
    American Mortgage & Equity Consultants, Inc. 4 6.84% $8,417
    PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.78% $10,021
    Pinnacle Bank 4 6.56% $8,720
    MDE Home Loans, LLC 4 6.47% $10,980
    MILEND, INC. 4 6.88% $12,619
    MORTGAGE FINANCIAL GROUP, INC. 4 6.28% $13,065
    T2 FINANCIAL LLC 3 6.71% $11,397
    American Security Mortgage Corp. 3 6.96% $8,499
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.13% $11,998
    Victorian Finance, LLC 3 6.75% $11,318
    First Federal Bank 3 6.50% $6,157
    First-Citizens Bank & Trust Company 3 6.88% $8,383
    MLD MORTGAGE INC. 3 6.21% $7,478
    M&T Bank 3 6.33% $7,459
    NBKC BANK 3 5.92% $10,925
    PHH Mortgage Corporation 3 7.63% $6,732
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.79% $12,128
    BAY EQUITY LLC 3 6.66% $11,025
    NATIONS DIRECT MORTGAGE, LLC 3 6.54% $7,440
    First National Bank of Pennsylvania 3 5.88% $7,111
    First Horizon Bank 3 6.88% $9,578
    SUN WEST MORTGAGE COMPANY, INC. 3 6.08% $10,972
    Towne Bank 3 7.04% $13,266
    GENEVA FINANCIAL, LLC 2 6.94% $12,760
    Bank of America 2 6.38% $12,367
    Bank of England 2 6.94% $10,185
    Barrington Bank & Trust Company, N.A. 2 6.50% $10,646
    CERTAINTY HOME LOANS, LLC 2 6.00% $9,440
    CHURCHILL MORTGAGE CORPORATION 2 6.56% $10,730
    EQUITY RESOURCES, INC. 2 6.94% $9,022
    Integrity Home Mortgage Corp 2 7.44% $11,111
    LADERA LENDING, INC. 2 6.19% $9,615
    NFM, INC. 2 6.63% $8,473
    ON Q FINANCIAL, INC. 2 6.13% $13,302
    Paramount Residential Mortgage Group, Inc. 2 6.75% $11,730
    PENTAGON FEDERAL CREDIT UNION 2 6.13% $10,604
    PLANET HOME LENDING, LLC 2 5.81% $7,220
    RADIUS FINANCIAL GROUP INC. 2 6.63% $6,304
    Regions Bank 2 6.75% $9,795
    SUCCESS MORTGAGE PARTNERS, INC. 2 6.69% $10,723
    US MORTGAGE CORPORATION 2 6.94% $10,391
    ZILLOW HOME LOANS, LLC 2 6.56% $9,514
    LEADERONE FINANCIAL CORPORATION 1 6.99% $11,941
    Plains Commerce Bank 1 6.63% $12,461
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $13,284
    Lakeview Community Capital, LLC 1 6.25% $6,518
    PLUS RELOCATION MORTGAGE, LLC 1 6.25% $11,835
    Keystone Funding, Inc. 1 6.13% $9,704
    JET HOMELOANS, LLC 1 5.50% $15,525
    HOMESTAR FINANCIAL CORPORATION 1 6.75% $4,663
    HOMESPIRE MORTGAGE CORPORATION 1 7.13% $9,155
    GUARANTEED RATE AFFINITY, LLC 1 7.25% $7,966
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.50% $7,912
    GoPrime Mortgage, Inc. 1 6.50% $12,488
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $6,112
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.13% $7,221
    Renasant Bank 1 6.00% $10,421
    ROYAL UNITED MORTGAGE LLC 1 6.25% $10,898
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.50% $8,983
    First Savings Bank 1 5.50% $14,036
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 7.75% $14,821
    Strong Home Mortgage, LLC 1 6.75% $8,693
    AMCAP MORTGAGE, LTD. 1 6.75% $11,659
    FIRST HOME MORTGAGE CORPORATION 1 6.63% $9,856
    First Heritage Mortgage, LLC 1 7.25% $11,276
    FIRST COMMUNITY MORTGAGE, INC. 1 7.25% $17,666
    Evolve Bank & Trust 1 7.00% $15,155
    ENVOY MORTGAGE, LTD 1 7.25% $8,167
    EMBRACE HOME LOANS, INC. 1 6.25% $6,395
    East Coast Capital Corp. 1 6.25% $12,756
    EAGLE HOME MORTGAGE, LLC 1 4.63% $8,003
    Corporate Investors Mortgage Group, Inc. 1 6.13% $7,906
    CONTOUR MORTGAGE CORPORATION 1 5.50% $15,643
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.13% $16,167
    NETWORK CAPITAL FUNDING CORPORATION 1 7.25% $7,089
    NATIONWIDE MORTGAGE BANKERS, INC. 1 7.25% $9,095
    BETTER MORTGAGE CORPORATION 1 5.00% $9,422
    MY MORTGAGE, INC. 1 6.63% $10,124
    OCEANSIDE MORTGAGE COMPANY 1 7.00% $5,776
    AXIA FINANCIAL, LLC 1 6.75% $9,540
    Alcova Mortgage LLC 1 7.38% $14,085
    MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 1 6.75% $10,797
    Uwharrie Bank 1 7.25% $6,309
    MANN FINANCIAL INC. 1 7.00% $8,273

    The top Winston FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 273 FHA loans originated. Their average total fees are $10,042, which is $930 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 DHI MORTGAGE COMPANY, LTD. ($7,446), Truist ($7,859), PULTE MORTGAGE LLC ($8,419), Ameris Bank ($8,573) and INSPIRE HOME LOANS INC. ($8,647).

    The lowest rate Winston FHA lenders (with over 10 loans originated) are PULTE MORTGAGE LLC (5.21%), DHI MORTGAGE COMPANY, LTD. (5.39%), VANDERBILT MORTGAGE AND FINANCE, INC. (5.72%), INSPIRE HOME LOANS INC. (6.00%) and Mr. Cooper ( Nationstar Mortgage ) (6.02%).

    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%) 0.89 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%) 0.90 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%) 0.78 571
    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%) 0.69 763
    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%) 0.82 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%) 0.00 1,375
    Winston's median listing price for 2025-01-01 was $335,000, a difference of $0 (0.0%) versus the prior year and $-950 versus the prior month.

    Winston's median listing price comes in at 0% of the national average.

    Winston's average listing price for 2025-01-01 was $424,900, a difference of $25,907 (6.5%) versus the prior year and $6,427 versus the prior month.

    For the 2025-01-01 period, Winston had 1,375 MLS listings, a difference of -120 listings (-8%) versus the prior month and 290 listings (27%) 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 64 days 2,433 sqft
    2020-06-01 69 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 45 days 1,925 sqft
    2021-12-01 52 days 1,860 sqft
    2022-01-01 57 days 1,953 sqft
    2022-02-01 48 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 48 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 60 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 41 days 1,908 sqft
    2024-06-01 42 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 1,675 sqft
    2025-01-01 0 days 1,611 sqft
    Winston's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Winston's median square footage for active listings during the 2025-01-01 period was 1,611 sqft. One year prior, the average listing was 1,847 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).