EL CENTRO Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in El Centro averaged 7.29% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.67% and one month ago for the week of 2024-03-14, the average rate was 6.73%.

    El Centro's average rate one year ago was 6.26%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.3%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    El Centro 30 Year Fixed Rate 2024-04-18 7.29%
    El Centro 30 Year Fixed Rate Refi 2024-04-18 7.3%
    El Centro 15 Year Fixed Rate 2024-04-18 6.29%
    El Centro 15 Year Fixed Rate Refi 2024-04-18 6.29%
    El Centro 30 Year FHA 2024-04-18 6.25%
    El Centro 30 Year FHA Refi 2024-04-18 6.66%
    El Centro 30 Year USDA 2024-04-18 6.66%
    El Centro 30 Year USDA Refi 2024-04-18 7.06%
    El Centro 30 Year VA 2024-04-18 6.71%
    El Centro 30 Year VA Refi 2024-04-18 6.86%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EL CENTRO, CA.

    EL CENTRO Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the EL CENTRO, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 69 6.60% $8,641
    QUICKEN LOANS, LLC 36 6.76% $8,208
    PRIMELENDING, A PLAINSCAPITAL COMPANY 34 6.52% $12,197
    Wallick & Volk, Inc. 19 6.43% $8,112
    CARDINAL FINANCIAL 18 6.47% $12,413
    JPMorgan Chase Bank 13 7.00% $7,638
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 12 6.61% $10,896
    Wells Fargo Bank 10 6.29% $4,260
    Sierra Pacific Mortgage Company, Inc. 7 6.41% $11,071
    LOANDEPOT.COM, LLC 7 6.35% $7,907
    Paramount Residential Mortgage Group, Inc. 7 6.88% $8,408
    PENNYMAC LOAN SERVICES, LLC 6 6.44% $11,723
    OCMBC, INC. 5 6.25% $8,042
    NEWREZ LLC 5 6.67% $9,119
    Neighborhood Loans, Inc. 5 6.75% $9,691
    CROSSCOUNTRY MORTGAGE, LLC 4 7.01% $8,676
    GUILD MORTGAGE COMPANY 4 6.68% $7,023
    HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.88% $9,145
    Mr. Cooper ( Nationstar Mortgage ) 3 5.87% $7,481
    NAVY FEDERAL CREDIT UNION 3 6.00% $3,116
    POINT Mortgage 3 7.37% $9,621
    S1L, Inc. 3 7.79% $6,991
    AMERISAVE MORTGAGE CORPORATION 3 6.66% $9,748
    MOVEMENT MORTGAGE, LLC 2 7.50% $4,719
    A&D Mortgage LLC 2 8.06% $13,034
    Flagstar Bank, FSB 2 7.31% $7,428
    Bank of America 2 6.44% $2,050
    Commerce Home Mortgage, Inc. 2 10.13% $15,565
    NOVA FINANCIAL & INVESTMENT CORPORATION 2 6.81% $5,814
    Mortgage Research Center, LLC 2 7.88% $6,710
    U.S. Bank 2 7.00% $6,106
    First-Citizens Bank & Trust Company 2 7.34% $4,328
    Golden Empire Mortgage, Inc. 2 7.75% $9,413
    NETWORK CAPITAL FUNDING CORPORATION 1 5.50% $3,915
    Northwest Farm Credit Services, FLCA 1 7.25% $12,882
    Performance Financial, Inc. 1 6.50% $10,035
    PHH Mortgage Corporation 1 7.63% $7,254
    PLAZA HOME MORTGAGE, INC. 1 7.63% $8,817
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 7.99% $7,209
    SCHOOLSFIRST 1 6.38% $3,670
    Stifel Bank and Trust 1 5.63% $4,399
    THE GOLDEN 1 1 6.63% $4,488
    The Loan Store, Inc. 1 6.50% $15,424
    UNION HOME MORTGAGE CORP. 1 7.13% $7,040
    JMAC LENDING, INC. 1 6.25% $8,996
    Ally Bank 1 6.00% $10,421
    AMCAP MORTGAGE, LTD. 1 6.13% $8,124
    AMERICAN FINANCIAL NETWORK, INC. 1 8.13% $12,649
    American Mortgage & Equity Consultants, Inc. 1 6.63% $5,467
    AmeriHome Mortgage Company, LLC 1 7.63% $8,279
    AXIA FINANCIAL, LLC 1 6.25% $5,222
    BAY-VALLEY MORTGAGE GROUP 1 6.50% $6,812
    BEST FINANCE CAPITAL, INC. 1 8.25% $8,734
    BROKER SOLUTIONS, INC. 1 7.35% $7,153
    Cache Valley Bank 1 6.00% $4,757
    CALIBER HOME LOANS, INC. 1 6.13% $8,896
    Carrington Mortgage Services, LLC 1 5.88% $6,082
    Century Mortgage Company DBA Century Lending Company 1 6.50% $3,415
    CMG MORTGAGE, INC. 1 6.75% $15,552
    COMMUNITY MORTGAGE FUNDING, LLC 1 6.38% $4,403
    Discover Bank 1 6.74% $0
    Evolve Bank & Trust 1 6.25% $4,359
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $4,003
    Franklin Loan Corporation 1 6.63% $6,886
    GENEVA FINANCIAL, LLC 1 5.88% $8,768
    GOOGAIN, INC. 1 6.63% $9,716
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.00% $19,912
    HOMEXPRESS MORTGAGE CORP. 1 9.13% $14,972
    INTELLILOAN, INC. 1 6.88% $8,532
    Ixonia Bank 1 7.63% $12,468
    21ST MORTGAGE CORPORATION 1 8.40% $6,431
    Lakeview Community Capital, LLC 1 7.38% $11,108
    LAKEVIEW LOAN SERVICING, LLC 1 7.63% $11,148
    LENOX FINANCIAL MORTGAGE CORPORATION 1 9.25% $8,960
    Mechanics Bank 1 7.13% $3,172
    MORTGAGEONE, INC. 1 7.38% $5,437
    NATIONS DIRECT MORTGAGE, LLC 1 8.88% $16,703

    EL CENTRO Average Closing Costs & Other Stats

    EL CENTRO, CA's 77 lenders originated 1,321 loans during 2023. The total origination value was $397,855,000, with an average loan value of $301,177.

    EL CENTRO's average closing costs are $7,149.

    The top EL CENTRO lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 69 loans originated. Their average total fees are $8,641, which is $434 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee EL CENTRO lenders (with over 10 loans originated) are Wells Fargo Bank ($4,260), JPMorgan Chase Bank ($7,638), Wallick & Volk, Inc. ($8,112), QUICKEN LOANS, LLC ($8,208) and UNITED WHOLESALE MORTGAGE, LLC ($8,641).

    The lowest rate EL CENTRO lenders (with over 10 loans originated) are Wells Fargo Bank (6.29%), Wallick & Volk, Inc. (6.43%), CARDINAL FINANCIAL (6.47%), PRIMELENDING, A PLAINSCAPITAL COMPANY (6.52%) and UNITED WHOLESALE MORTGAGE, LLC (6.60%).

    EL CENTRO, CA Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    UNITED WHOLESALE MORTGAGE, LLC $90,510,000 $66,330,000 -26.7% 16.7%
    Citibank $26,540,000 $41,660,000 57.0% 10.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $28,650,000 $29,685,000 3.6% 7.5%
    Wallick & Volk, Inc. $34,305,000 $24,910,000 -27.4% 6.3%
    QUICKEN LOANS, LLC $38,510,000 $20,045,000 -47.9% 5.0%
    Banner Bank $755,000 $16,695,000 2,111.3% 4.2%
    Zions Bank $45,000 $14,880,000 32,966.7% 3.7%
    CARDINAL FINANCIAL $29,430,000 $13,650,000 -53.6% 3.4%
    Sierra Pacific Mortgage Company, Inc. $8,810,000 $10,445,000 18.6% 2.6%
    PENNYMAC LOAN SERVICES, LLC $7,540,000 $9,410,000 24.8% 2.4%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $7,740,000 $7,250,000 -6.3% 1.8%
    GUILD MORTGAGE COMPANY $10,785,000 $5,820,000 -46.0% 1.5%
    Wells Fargo Bank $15,450,000 $5,120,000 -66.9% 1.3%
    CROSSCOUNTRY MORTGAGE, LLC $10,130,000 $4,425,000 -56.3% 1.1%
    LOANDEPOT.COM, LLC $11,275,000 $4,420,000 -60.8% 1.1%
    Neighborhood Loans, Inc. $37,295,000 $4,310,000 -88.4% 1.1%
    Paramount Residential Mortgage Group, Inc. $12,660,000 $4,280,000 -66.2% 1.1%
    NAVY FEDERAL CREDIT UNION $5,205,000 $3,965,000 -23.8% 1.0%
    NEWREZ LLC $3,480,000 $3,955,000 13.6% 1.0%
    Equity Prime Mortgage LLC $3,490,000 $3,750,000 7.4% 0.9%
    JPMorgan Chase Bank $6,020,000 $3,400,000 -43.5% 0.9%
    AMWEST FUNDING CORP. $1,365,000 $3,365,000 146.5% 0.8%
    OCMBC, INC. $1,715,000 $3,340,000 94.8% 0.8%
    MOVEMENT MORTGAGE, LLC $3,010,000 $2,870,000 -4.7% 0.7%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $5,845,000 $2,825,000 -51.7% 0.7%
    U.S. Bank $995,000 $2,555,000 156.8% 0.6%
    Mortgage Research Center, LLC $6,515,000 $2,285,000 -64.9% 0.6%
    Golden Empire Mortgage, Inc. $2,240,000 n/a 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $7,415,000 $2,120,000 -71.4% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,455,000 $2,100,000 -67.5% 0.5%
    Bank of America $3,435,000 $2,020,000 -41.2% 0.5%
    BECKAM FUNDING CORP. $805,000 $1,965,000 144.1% 0.5%
    SUN WEST MORTGAGE COMPANY, INC. $895,000 $1,965,000 119.6% 0.5%
    ORIX REAL ESTATE CAPITAL, LLC $1,915,000 n/a 0.5%
    COREVEST AMERICAN FINANCE LENDER LLC $1,875,000 n/a 0.5%
    UNION HOME MORTGAGE CORP. $285,000 $1,835,000 543.9% 0.5%
    Century Mortgage Company DBA Century Lending Company $695,000 $1,760,000 153.2% 0.4%
    POINT Mortgage $1,585,000 n/a 0.4%
    FREEDOM MORTGAGE CORPORATION $7,730,000 $1,535,000 -80.1% 0.4%
    BROKER SOLUTIONS, INC. $2,580,000 $1,480,000 -42.6% 0.4%
    S1L, Inc. $3,645,000 $1,430,000 -60.8% 0.4%
    AMERICAN FINANCIAL NETWORK, INC. $1,350,000 n/a 0.3%
    NOVA FINANCIAL & INVESTMENT CORPORATION $1,895,000 $1,340,000 -29.3% 0.3%
    The Federal Savings Bank $1,510,000 $1,315,000 -12.9% 0.3%
    21ST MORTGAGE CORPORATION $1,395,000 $1,305,000 -6.5% 0.3%
    Commerce Home Mortgage, Inc. $415,000 $1,300,000 213.3% 0.3%
    Carrington Mortgage Services, LLC $2,075,000 $1,250,000 -39.8% 0.3%
    AMERISAVE MORTGAGE CORPORATION $4,545,000 $1,175,000 -74.1% 0.3%
    LOANPAL, LLC $925,000 $1,075,000 16.2% 0.3%
    Mechanics Bank $2,875,000 $1,030,000 -64.2% 0.3%
    LENDINGHOME FUNDING CORPORATION $615,000 $990,000 61.0% 0.2%
    A&D Mortgage LLC $805,000 $955,000 18.6% 0.2%
    Coastal Community Bank $915,000 n/a 0.2%
    USAA Federal Savings Bank $885,000 n/a 0.2%
    THE GOLDEN 1 $875,000 n/a 0.2%
    NATIONS DIRECT MORTGAGE, LLC $730,000 $870,000 19.2% 0.2%
    HighTechLending Inc $835,000 n/a 0.2%
    Discover Bank $1,290,000 $795,000 -38.4% 0.2%
    Flagstar Bank, FSB $1,500,000 $785,000 -47.7% 0.2%
    Northwest Farm Credit Services, FLCA $425,000 $735,000 72.9% 0.2%
    VAL-CHRIS INVESTMENTS, INC. $695,000 n/a 0.2%
    COMMUNITY MORTGAGE FUNDING, LLC $615,000 $645,000 4.9% 0.2%
    AHL FUNDING $485,000 $620,000 27.8% 0.2%
    SUMMIT FUNDING, INC. $660,000 $605,000 -8.3% 0.2%
    American Mortgage & Equity Consultants, Inc. $595,000 n/a 0.1%
    Lakeview Community Capital, LLC $1,140,000 $570,000 -50.0% 0.1%
    The Loan Store, Inc. $155,000 $550,000 254.8% 0.1%
    SCHOOLSFIRST $1,365,000 $530,000 -61.2% 0.1%
    SPRING EQ, LLC $760,000 $530,000 -30.3% 0.1%
    Truist $490,000 n/a 0.1%
    Stifel Bank and Trust $305,000 $485,000 59.0% 0.1%
    Figure Lending LLC $495,000 $455,000 -8.1% 0.1%
    Tri Counties Bank $455,000 n/a 0.1%
    BAY-VALLEY MORTGAGE GROUP $430,000 n/a 0.1%
    First-Citizens Bank & Trust Company $420,000 n/a 0.1%
    JMAC LENDING, INC. $365,000 $420,000 15.1% 0.1%
    CLEARPATH LENDING $865,000 $405,000 -53.2% 0.1%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $405,000 n/a 0.1%
    HOMEXPRESS MORTGAGE CORP. $1,265,000 $405,000 -68.0% 0.1%
    NBKC BANK $405,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $565,000 $400,000 -29.2% 0.1%
    AmeriHome Mortgage Company, LLC $980,000 $395,000 -59.7% 0.1%
    Loan Simple, Inc. $1,930,000 $395,000 -79.5% 0.1%
    RANLIFE, INC. $245,000 $395,000 61.2% 0.1%
    ACADEMY MORTGAGE CORPORATION $670,000 $390,000 -41.8% 0.1%
    Cornerstone First Mortgage, Inc $3,830,000 $390,000 -89.8% 0.1%
    Ally Bank $165,000 $365,000 121.2% 0.1%
    AXIA FINANCIAL, LLC $365,000 n/a 0.1%
    GOOGAIN, INC. $365,000 n/a 0.1%
    United States Senate Federal Credit Union $75,000 $365,000 386.7% 0.1%
    CALCON MUTUAL MORTGAGE LLC $510,000 $355,000 -30.4% 0.1%
    HOME APPROVALS DIRECT, INC. $355,000 n/a 0.1%
    KINECTA $275,000 $350,000 27.3% 0.1%
    FAY SERVICING, LLC $975,000 $345,000 -64.6% 0.1%
    Ixonia Bank $345,000 n/a 0.1%
    MORTGAGEONE, INC. $345,000 n/a 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $380,000 $345,000 -9.2% 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $165,000 $340,000 106.1% 0.1%
    Performance Financial, Inc. $340,000 n/a 0.1%
    INTELLILOAN, INC. $175,000 $335,000 91.4% 0.1%
    Platinum Home Mortgage Corporation $245,000 $335,000 36.7% 0.1%
    Ameris Bank $325,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $775,000 $325,000 -58.1% 0.1%
    PENTAGON FEDERAL CREDIT UNION $985,000 $325,000 -67.0% 0.1%
    Evolve Bank & Trust $315,000 n/a 0.1%
    BEST FINANCE CAPITAL, INC. $305,000 $305,000 0.0% 0.1%
    TOP FLITE FINANCIAL, INC. $215,000 $305,000 41.9% 0.1%
    VILLAGE CAPITAL MORTGAGE $925,000 $305,000 -67.0% 0.1%
    ROYAL UNITED MORTGAGE LLC $65,000 $300,000 361.5% 0.1%
    CALIBER HOME LOANS, INC. $8,950,000 $295,000 -96.7% 0.1%
    CMG MORTGAGE, INC. $1,780,000 $295,000 -83.4% 0.1%
    Citadel Servicing Corporation $1,475,000 $290,000 -80.3% 0.1%
    OPEN MORTGAGE, LLC $290,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $255,000 $285,000 11.8% 0.1%
    Franklin Loan Corporation $225,000 $285,000 26.7% 0.1%
    RESIDENTIAL WHOLESALE MORTGAGE, INC. $955,000 $275,000 -71.2% 0.1%
    PLAZA HOME MORTGAGE, INC. $500,000 $265,000 -47.0% 0.1%
    Hometown Equity Mortgage, LLC $265,000 $260,000 -1.9% 0.1%
    AMCAP MORTGAGE, LTD. $245,000 n/a 0.1%
    PNC Bank $1,155,000 $245,000 -78.8% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $2,485,000 $235,000 -90.5% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $265,000 $235,000 -11.3% 0.1%
    North American Savings Bank, F.S.B. $540,000 $225,000 -58.3% 0.1%
    Waterstone Mortgage Corporation $225,000 n/a 0.1%
    PHH Mortgage Corporation $135,000 $215,000 59.3% 0.1%
    GENEVA FINANCIAL, LLC $245,000 $205,000 -16.3% 0.1%
    LENOX FINANCIAL MORTGAGE CORPORATION $205,000 n/a 0.1%
    Cache Valley Bank $195,000 n/a 0.0%
    INTERCAP LENDING INC. $190,000 n/a 0.0%
    Third Federal Savings and Loan Association of Cleveland $190,000 n/a 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $35,000 $185,000 428.6% 0.0%
    VERITAS FUNDING, LLC $225,000 $185,000 -17.8% 0.0%
    EMM LOANS LLC $155,000 n/a 0.0%
    Prosperity Home Mortgage, LLC $155,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $210,000 $150,000 -28.6% 0.0%
    California Coast Credit Union $6,775,000 $145,000 -97.9% 0.0%
    Connexus Credit Union $145,000 n/a 0.0%
    Greenbox Loans, Inc. $650,000 $145,000 -77.7% 0.0%
    HOMESIDE FINANCIAL, LLC $175,000 $145,000 -17.1% 0.0%
    Logan Finance Corporation $145,000 n/a 0.0%
    GEORGIA'S OWN $135,000 n/a 0.0%
    SAN DIEGO COUNTY CREDIT UNION $530,000 $130,000 -75.5% 0.0%
    Financial Partners Credit Union $125,000 n/a 0.0%
    ALLIANT CREDIT UNION $170,000 $115,000 -32.4% 0.0%
    CALIFORNIA CREDIT UNION $105,000 n/a 0.0%
    DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.0%
    First National Bank of America $215,000 $105,000 -51.2% 0.0%
    LADERA LENDING, INC. $105,000 n/a 0.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $45,000 $95,000 111.1% 0.0%
    MUTUAL OF OMAHA MORTGAGE, INC. $780,000 $85,000 -89.1% 0.0%
    MYPOINT Credit Union $75,000 n/a 0.0%
    TOGETHER CREDIT UNION $75,000 n/a 0.0%
    CERTIFIED $65,000 n/a 0.0%
    Farmers Bank & Trust $65,000 n/a 0.0%
    THRIVENT Federal Credit Union $65,000 n/a 0.0%
    Bethpage Federal Credit Union $55,000 n/a 0.0%
    BMO Harris Bank $55,000 n/a 0.0%
    AMERICAN FIRST $45,000 n/a 0.0%
    PLANET HOME LENDING, LLC $1,505,000 $45,000 -97.0% 0.0%
    CORPORATE AMERICA FAMILY $25,000 n/a 0.0%

    EL CENTRO's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 16.7% market share. In second place, with 10.5%, is Citibank, having originated $41,660,000 in loans. In third place, with 7.5%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $29,685,000 in loans. In fourth place, with 6.3%, is Wallick & Volk, Inc., having originated $24,910,000 in loans. In fifth place, with 5.0%, is QUICKEN LOANS, LLC, having originated $20,045,000 in loans.

    EL CENTRO Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - EL CENTRO (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 $238,700 (-4.3%) $249,643 (-0.2%) 0.00 237
    2018-02-01 $239,950 (-2.5%) $248,504 (0.1%) 0.00 243
    2018-03-01 $239,900 (1.5%) $244,073 (-1.7%) 0.00 242
    2018-04-01 $244,950 (0.8%) $249,089 (-0.6%) 0.00 238
    2018-05-01 $241,750 (-4.1%) $245,165 (-5.3%) 0.00 251
    2018-06-01 $240,000 (-4.8%) $244,761 (-4.0%) 0.00 241
    2018-07-01 $240,975 (-5.5%) $246,318 (-3.3%) 0.00 248
    2018-08-01 $247,475 (-3.8%) $251,557 (-1.0%) 0.00 241
    2018-09-01 $256,000 (0.4%) $252,601 (0.5%) 0.00 265
    2018-10-01 $258,160 (2.9%) $251,016 (-0.8%) 0.00 262
    2018-11-01 $249,000 (0.5%) $248,258 (-1.0%) 0.00 260
    2018-12-01 $249,000 (3.8%) $247,185 (-1.7%) 0.00 242
    2019-01-01 $248,000 (3.9%) $244,555 (-2.0%) 0.00 224
    2019-02-01 $241,250 (0.5%) $241,688 (-2.7%) 0.00 232
    2019-03-01 $241,500 (0.7%) $241,708 (-1.0%) 0.00 216
    2019-04-01 $242,000 (-1.2%) $240,689 (-3.4%) 0.00 211
    2019-05-01 $259,933 (7.5%) $255,069 (4.0%) 0.00 198
    2019-06-01 $269,995 (12.5%) $274,995 (12.4%) 0.00 191
    2019-07-01 $261,725 (8.6%) $272,610 (10.7%) 0.00 169
    2019-08-01 $253,795 (2.6%) $270,441 (7.5%) 0.00 167
    2019-09-01 $253,863 (-0.8%) $268,014 (6.1%) 0.00 165
    2019-10-01 $253,908 (-1.7%) $266,395 (6.1%) 0.00 168
    2019-11-01 $259,700 (4.3%) $278,483 (12.2%) 0.00 177
    2019-12-01 $269,700 (8.3%) $284,497 (15.1%) 0.00 178
    2020-01-01 $262,475 (5.8%) $271,866 (11.2%) 0.00 180
    2020-02-01 $254,990 (5.7%) $270,577 (12.0%) 0.00 182
    2020-03-01 $261,400 (8.2%) $274,362 (13.5%) 0.00 164
    2020-04-01 $259,900 (7.4%) $273,257 (13.5%) 0.00 164
    2020-05-01 $255,000 (-1.9%) $268,424 (5.2%) 0.00 141
    2020-06-01 $249,950 (-7.4%) $265,199 (-3.6%) 0.00 132
    2020-07-01 $250,000 (-4.5%) $266,961 (-2.1%) 0.00 115
    2020-08-01 $249,900 (-1.5%) $261,151 (-3.4%) 0.00 112
    2020-09-01 $239,925 (-5.5%) $254,723 (-5.0%) 0.00 112
    2020-10-01 $239,900 (-5.5%) $288,578 (8.3%) 0.00 108
    2020-11-01 $264,723 (1.9%) $304,545 (9.4%) 0.00 112
    2020-12-01 $238,175 (-11.7%) $301,338 (5.9%) 0.00 106
    2021-01-01 $239,900 (-8.6%) $314,771 (15.8%) 0.00 97
    2021-02-01 $234,900 (-7.9%) $322,005 (19.0%) 0.00 70
    2021-03-01 $237,200 (-9.3%) $336,158 (22.5%) 0.00 69
    2021-04-01 $282,500 (8.7%) $351,280 (28.6%) 0.00 75
    2021-05-01 $280,000 (9.8%) $334,692 (24.7%) 0.00 73
    2021-06-01 $292,000 (16.8%) $345,539 (30.3%) 0.00 69
    2021-07-01 $280,000 (12.0%) $336,701 (26.1%) 0.00 85
    2021-08-01 $283,750 (13.6%) $327,634 (25.5%) 0.00 99
    2021-09-01 $276,000 (15.0%) $324,671 (27.5%) 0.00 100
    2021-10-01 $265,000 (10.5%) $320,808 (11.2%) 0.00 91
    2021-11-01 $274,875 (3.8%) $325,575 (6.9%) 0.00 93
    2021-12-01 $297,225 (24.8%) $338,165 (12.2%) 0.00 81
    2022-01-01 $274,850 (14.6%) $300,571 (-4.5%) 0.00 61
    2022-02-01 $289,000 (23.0%) $311,928 (-3.1%) 0.00 67
    2022-03-01 $329,000 (38.7%) $336,029 (0.0%) 0.00 70
    2022-04-01 $329,000 (16.5%) $335,972 (-4.4%) 0.00 79
    2022-05-01 $329,000 (17.5%) $327,937 (-2.0%) 0.00 75
    2022-06-01 $329,000 (12.7%) $334,826 (-3.1%) 0.00 90
    2022-07-01 $359,900 (28.5%) $369,062 (9.6%) 0.00 112
    2022-08-01 $359,900 (26.8%) $371,451 (13.4%) 0.00 144
    2022-09-01 $359,900 (30.4%) $376,257 (15.9%) 0.00 151
    2022-10-01 $350,000 (32.1%) $371,226 (15.7%) 0.00 174
    2022-11-01 $342,975 (24.8%) $353,394 (8.5%) 0.00 192
    2022-12-01 $334,975 (12.7%) $351,080 (3.8%) 0.00 183
    2023-01-01 $344,225 (25.2%) $358,965 (19.4%) 0.00 160
    2023-02-01 $349,000 (20.8%) $361,727 (16.0%) 0.00 127
    2023-03-01 $345,975 (5.2%) $362,487 (7.9%) 0.00 117
    2023-04-01 $354,950 (7.9%) $368,541 (9.7%) 0.00 105
    2023-05-01 $359,900 (9.4%) $375,673 (14.6%) 0.00 104
    2023-06-01 $359,925 (9.4%) $382,376 (14.2%) 0.00 98
    2023-07-01 $359,900 (0.0%) $380,881 (3.2%) 0.00 98
    2023-08-01 $359,970 (0.0%) $368,001 (-0.9%) 0.00 109
    2023-09-01 $359,900 (0.0%) $368,636 (-2.0%) 0.00 108
    2023-10-01 $358,675 (2.5%) $371,120 (0.0%) 0.00 121
    2023-11-01 $348,000 (1.5%) $360,024 (1.9%) 0.00 124
    2023-12-01 $357,450 (6.7%) $368,605 (5.0%) 0.00 112
    2024-01-01 $353,750 (2.8%) $367,351 (2.3%) 0.00 103
    2024-02-01 $359,900 (3.1%) $375,088 (3.7%) 0.00 115
    2024-03-01 $359,900 (4.0%) $374,790 (3.4%) 0.00 99
    EL CENTRO's median listing price for 2024-03-01 was $359,900, a difference of $13,925 (4.0%) versus the prior year and $0 versus the prior month.

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

    EL CENTRO's average listing price for 2024-03-01 was $374,790, a difference of $12,303 (3.4%) versus the prior year and $-298 versus the prior month.

    For the 2024-03-01 period, EL CENTRO had 99 MLS listings, a difference of -16 listings (-14%) versus the prior month and -18 listings (-15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - EL CENTRO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,706 sqft
    2018-02-01 0 days 1,685 sqft
    2018-03-01 0 days 1,690 sqft
    2018-04-01 0 days 1,712 sqft
    2018-05-01 0 days 1,685 sqft
    2018-06-01 0 days 1,630 sqft
    2018-07-01 0 days 1,618 sqft
    2018-08-01 0 days 1,730 sqft
    2018-09-01 0 days 1,733 sqft
    2018-10-01 0 days 1,703 sqft
    2018-11-01 0 days 1,669 sqft
    2018-12-01 0 days 1,630 sqft
    2019-01-01 0 days 1,647 sqft
    2019-02-01 0 days 1,608 sqft
    2019-03-01 0 days 1,573 sqft
    2019-04-01 0 days 1,597 sqft
    2019-05-01 0 days 1,699 sqft
    2019-06-01 0 days 1,771 sqft
    2019-07-01 0 days 1,705 sqft
    2019-08-01 0 days 1,623 sqft
    2019-09-01 0 days 1,610 sqft
    2019-10-01 0 days 1,600 sqft
    2019-11-01 0 days 1,631 sqft
    2019-12-01 0 days 1,673 sqft
    2020-01-01 0 days 1,607 sqft
    2020-02-01 0 days 1,617 sqft
    2020-03-01 0 days 1,661 sqft
    2020-04-01 0 days 1,615 sqft
    2020-05-01 0 days 1,578 sqft
    2020-06-01 0 days 1,560 sqft
    2020-07-01 0 days 1,576 sqft
    2020-08-01 0 days 1,560 sqft
    2020-09-01 0 days 1,562 sqft
    2020-10-01 0 days 1,560 sqft
    2020-11-01 0 days 1,690 sqft
    2020-12-01 0 days 1,560 sqft
    2021-01-01 0 days 1,569 sqft
    2021-02-01 0 days 1,560 sqft
    2021-03-01 0 days 1,560 sqft
    2021-04-01 0 days 1,693 sqft
    2021-05-01 0 days 1,695 sqft
    2021-06-01 0 days 1,695 sqft
    2021-07-01 0 days 1,695 sqft
    2021-08-01 0 days 1,677 sqft
    2021-09-01 0 days 1,601 sqft
    2021-10-01 0 days 1,600 sqft
    2021-11-01 0 days 1,592 sqft
    2021-12-01 0 days 1,656 sqft
    2022-01-01 0 days 1,556 sqft
    2022-02-01 0 days 1,560 sqft
    2022-03-01 0 days 1,570 sqft
    2022-04-01 0 days 1,596 sqft
    2022-05-01 0 days 1,560 sqft
    2022-06-01 0 days 1,602 sqft
    2022-07-01 0 days 1,690 sqft
    2022-08-01 0 days 1,693 sqft
    2022-09-01 0 days 1,695 sqft
    2022-10-01 0 days 1,671 sqft
    2022-11-01 0 days 1,596 sqft
    2022-12-01 0 days 1,624 sqft
    2023-01-01 0 days 1,644 sqft
    2023-02-01 0 days 1,669 sqft
    2023-03-01 0 days 1,694 sqft
    2023-04-01 0 days 1,695 sqft
    2023-05-01 0 days 1,695 sqft
    2023-06-01 0 days 1,695 sqft
    2023-07-01 0 days 1,695 sqft
    2023-08-01 0 days 1,695 sqft
    2023-09-01 0 days 1,695 sqft
    2023-10-01 0 days 1,630 sqft
    2023-11-01 0 days 1,562 sqft
    2023-12-01 0 days 1,560 sqft
    2024-01-01 0 days 1,555 sqft
    2024-02-01 0 days 1,560 sqft
    2024-03-01 0 days 1,600 sqft
    EL CENTRO's median listing age (time on market) for 2024-03-01 was 0 days.

    EL CENTRO's median square footage for active listings during the 2024-03-01 period was 1,600 sqft. One year prior, the average listing was 1,694 sqft.

    EL CENTRO, CA Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    92004 El Centro, CA MSA $900 $1,000 $1,280 $1,780 $2,170
    92222 El Centro, CA MSA $780 $910 $1,160 $1,610 $1,960
    92225 El Centro, CA MSA $960 $1,090 $1,360 $1,860 $2,290
    92227 El Centro, CA MSA $760 $880 $1,130 $1,570 $1,910
    92231 El Centro, CA MSA $820 $960 $1,230 $1,710 $2,080
    92232 El Centro, CA MSA $780 $910 $1,160 $1,610 $1,960
    92233 El Centro, CA MSA $650 $740 $960 $1,340 $1,620
    92243 El Centro, CA MSA $770 $900 $1,150 $1,600 $1,940
    92244 El Centro, CA MSA $780 $910 $1,160 $1,610 $1,960
    92249 El Centro, CA MSA $740 $870 $1,110 $1,540 $1,880
    92250 El Centro, CA MSA $670 $780 $1,000 $1,390 $1,690
    92251 El Centro, CA MSA $980 $1,140 $1,460 $2,030 $2,470
    92257 El Centro, CA MSA $650 $740 $960 $1,340 $1,620
    92259 El Centro, CA MSA $880 $1,030 $1,320 $1,830 $2,230
    92266 El Centro, CA MSA $650 $740 $970 $1,350 $1,620
    92273 El Centro, CA MSA $720 $850 $1,080 $1,500 $1,820
    92274 El Centro, CA MSA $960 $1,090 $1,360 $1,860 $2,290
    92275 El Centro, CA MSA $860 $1,000 $1,280 $1,780 $2,160
    92281 El Centro, CA MSA $730 $850 $1,090 $1,520 $1,840
    92283 El Centro, CA MSA $650 $740 $960 $1,340 $1,620

    2022 Average & Median Rent Data Statistics
    EL CENTRO, CA average 1BR rent: $907, median: $905
    EL CENTRO, CA average 2BR rent: $1,159, median: $1,155
    EL CENTRO, CA average 3BR rent: $1,609, median: $1,605

    EL CENTRO, CA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 857 $314,215,000 $366,645
    Cash Out Refi 258 $55,660,000 $215,736
    Other 96 $8,420,000 $87,708
    Home Improvement 62 $5,640,000 $90,968
    Refi 48 $13,920,000 $290,000

    El Centro's most frequently cited loan purpose was Home Purchase, with 857 originations. The 2nd most popular reason was Cash Out Refi, with 258 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 496 $175,090,000 $353,004
    5-6% 276 $85,440,000 $309,565
    7-8% 228 $102,380,000 $449,035
    Over 8% 196 $23,230,000 $118,520
    <2.5% 96 $4,010,000 $41,771
    4-5% 23 $6,525,000 $283,696
    3-4% 3 $735,000 $245,000
    2.5-3% 2 $430,000 $215,000

    During 2023, El Centro's most frequently originated rate bucket was 6-7%, with 496 originations.

    Loan Sizing (EL CENTRO, CA MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 686 $207,720,000 $302,799
    $100,000 or less 269 $11,195,000 $41,617
    $100k-200k 202 $30,250,000 $149,752
    $400k-600k 149 $66,985,000 $449,564
    $Over $1MM 8 $76,870,000 $9,608,750
    $600k-1000k 7 $4,835,000 $690,714

    EL CENTRO's loan sizing saw the bucket of loans from $200k-400k with 686 originations, totaling $207,720,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 645 $216,255,000 $335,279
    60-80% 226 $61,250,000 $271,018
    Under 20% 225 $16,945,000 $75,311
    20-40% 103 $23,235,000 $225,583
    40-60% 96 $68,590,000 $714,479
    Over 100% 20 $10,300,000 $515,000

    EL CENTRO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 645 originations, totaling $216,255,000 in origination value.