ROANOKE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Roanoke averaged
7.02%
for the week of 2024-04-11, compared to the national average of
6.88% for the same period.
The average rate for the prior week (2024-04-04) was
6.96% and
one month ago for the week of 2024-03-07, the
average rate was 6.82%.
Roanoke's average rate one year ago was 6.22%.
For refis of the same type during the week of 2024-04-11, the average rate
was 7.99%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-11 | 6.88% |
| Roanoke 30 Year Fixed Rate | 2024-04-11 | 7.02% |
| Roanoke 30 Year Fixed Rate Refi | 2024-04-11 | 7.99% |
| Roanoke 15 Year Fixed Rate | 2024-04-11 | 6.56% |
| Roanoke 15 Year Fixed Rate Refi | 2024-04-11 | 6.76% |
| Roanoke 30 Year FHA | 2024-04-11 | 6.77% |
| Roanoke 30 Year FHA Refi | 2024-04-11 | 6.94% |
| Roanoke 30 Year USDA | 2024-04-11 | 6.71% |
| Roanoke 30 Year USDA Refi | 2024-04-11 | 6.81% |
| Roanoke 30 Year VA | 2024-04-11 | 6.5% |
| Roanoke 30 Year VA Refi | 2024-04-11 | 6.37% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ROANOKE, VA.
ROANOKE 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 ROANOKE, VA 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.).
ROANOKE Average Closing Costs & Other Stats
ROANOKE, VA's 180 lenders originated 6,231
loans during 2023. The total origination value was $1,516,105,000, with an average loan value of
$243,316.
ROANOKE's average closing costs are $4,735.
The top ROANOKE lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with
256 loans originated. Their average total fees are
$5,824, which is $337
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee ROANOKE lenders (with over 10 loans originated) are
FREEDOM FIRST ($3,501), CNB Bank ($3,516), First Reliance Bank ($3,531), MEMBER ONE ($3,624) and NAVY FEDERAL CREDIT UNION ($3,752).
The lowest rate ROANOKE lenders (with over 10 loans originated) are
NAVY FEDERAL CREDIT UNION (5.91%), Bank of America (6.17%), First-Citizens Bank & Trust Company (6.24%), CNB Bank (6.32%) and GUARANTY HOME MORTGAGE CORPORATION (6.40%).
ROANOKE, VA 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 |
|---|---|---|---|---|
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $136,650,000 | $91,680,000 | -32.9% | 6.0% |
| QUICKEN LOANS, LLC | $112,360,000 | $84,240,000 | -25.0% | 5.6% |
| MEMBER ONE | $67,270,000 | $75,440,000 | 12.1% | 5.0% |
| Bank of Botetourt | $84,785,000 | $69,880,000 | -17.6% | 4.6% |
| GREYSTONE SERVICING COMPANY LLC | $5,115,000 | $65,675,000 | 1,184.0% | 4.3% |
| M&T Realty Capital Corporation | $15,955,000 | $65,225,000 | 308.8% | 4.3% |
| Alcova Mortgage LLC | $90,880,000 | $61,510,000 | -32.3% | 4.1% |
| Truist | $71,980,000 | $57,445,000 | -20.2% | 3.8% |
| Grandbridge Real Estate Capital LLC | $52,845,000 | n/a | 3.5% | |
| FREEDOM FIRST | $75,315,000 | $40,555,000 | -46.2% | 2.7% |
| UNION HOME MORTGAGE CORP. | $32,095,000 | $39,530,000 | 23.2% | 2.6% |
| MOVEMENT MORTGAGE, LLC | $69,990,000 | $38,795,000 | -44.6% | 2.6% |
| Carter Bank & Trust | $12,985,000 | $36,160,000 | 178.5% | 2.4% |
| Atlantic Union Bank | $48,375,000 | $35,100,000 | -27.4% | 2.3% |
| First-Citizens Bank & Trust Company | $45,275,000 | $30,745,000 | -32.1% | 2.0% |
| Pinnacle Bank | $30,220,000 | $27,600,000 | -8.7% | 1.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $19,055,000 | $26,160,000 | 37.3% | 1.7% |
| Mortgage Research Center, LLC | $32,730,000 | $26,070,000 | -20.3% | 1.7% |
| CNB Bank | $24,730,000 | $25,000,000 | 1.1% | 1.6% |
| American National Bank and Trust Company | $62,080,000 | $24,405,000 | -60.7% | 1.6% |
| Citizens Bank | $38,655,000 | $21,210,000 | -45.1% | 1.4% |
| Wells Fargo Bank | $44,505,000 | $17,660,000 | -60.3% | 1.2% |
| SWBC MORTGAGE CORPORATION | $26,390,000 | $16,930,000 | -35.8% | 1.1% |
| GUARANTEED RATE, INC. | $11,475,000 | $13,895,000 | 21.1% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $18,225,000 | $13,270,000 | -27.2% | 0.9% |
| Bank of the James | $5,600,000 | $13,095,000 | 133.8% | 0.9% |
| GUILD MORTGAGE COMPANY | $4,840,000 | $12,480,000 | 157.9% | 0.8% |
| First Bank | $7,000,000 | $12,305,000 | 75.8% | 0.8% |
| HomeTrust Bank | $13,235,000 | $11,130,000 | -15.9% | 0.7% |
| EMBRACE HOME LOANS, INC. | $31,685,000 | $10,935,000 | -65.5% | 0.7% |
| Bank of America | $17,905,000 | $10,360,000 | -42.1% | 0.7% |
| Prosperity Home Mortgage, LLC | $12,715,000 | $9,380,000 | -26.2% | 0.6% |
| BLUE EAGLE CREDIT UNION | $6,620,000 | $9,250,000 | 39.7% | 0.6% |
| Renasant Bank | $26,325,000 | $9,090,000 | -65.5% | 0.6% |
| CARDINAL FINANCIAL | $12,405,000 | $9,085,000 | -26.8% | 0.6% |
| Barings Multifamily Capital | $8,535,000 | n/a | 0.6% | |
| Skyline National Bank | $12,070,000 | $8,255,000 | -31.6% | 0.5% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $2,575,000 | $7,660,000 | 197.5% | 0.5% |
| NATIONAL BANKSHARES, INC. | $22,020,000 | $7,525,000 | -65.8% | 0.5% |
| LOANDEPOT.COM, LLC | $14,490,000 | $7,340,000 | -49.3% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $14,750,000 | $7,095,000 | -51.9% | 0.5% |
| First Heritage Mortgage, LLC | $11,285,000 | $6,900,000 | -38.9% | 0.5% |
| FIRST BANCORP | $13,810,000 | $6,835,000 | -50.5% | 0.5% |
| USAA Federal Savings Bank | $5,500,000 | $6,115,000 | 11.2% | 0.4% |
| JPMorgan Chase Bank | $8,745,000 | $6,055,000 | -30.8% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $15,650,000 | $5,805,000 | -62.9% | 0.4% |
| Atlantic Coast Mortgage, LLC | $4,190,000 | $5,660,000 | 35.1% | 0.4% |
| The Farmers & Merchants Bank of Craig County | $5,545,000 | n/a | 0.4% | |
| FREEDOM MORTGAGE CORPORATION | $9,015,000 | $5,300,000 | -41.2% | 0.3% |
| PNC Bank | $7,180,000 | $5,155,000 | -28.2% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,345,000 | $4,935,000 | 13.6% | 0.3% |
| First Reliance Bank | $15,805,000 | $4,755,000 | -69.9% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $10,895,000 | $4,500,000 | -58.7% | 0.3% |
| BROKER SOLUTIONS, INC. | $5,535,000 | $4,390,000 | -20.7% | 0.3% |
| Blue Ridge Bank | $5,055,000 | $4,325,000 | -14.4% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $5,805,000 | $4,110,000 | -29.2% | 0.3% |
| Truliant Federal Credit Union | $5,035,000 | $4,065,000 | -19.3% | 0.3% |
| C & F Mortgage Corporation | $1,900,000 | $4,050,000 | 113.2% | 0.3% |
| First National Bank | $1,590,000 | $4,035,000 | 153.8% | 0.3% |
| First National Bank of Pennsylvania | $4,350,000 | $3,890,000 | -10.6% | 0.3% |
| First Horizon Bank | $4,725,000 | $3,710,000 | -21.5% | 0.2% |
| NEW DAY FINANCIAL, LLC | $4,945,000 | $3,505,000 | -29.1% | 0.2% |
| CMG MORTGAGE, INC. | $3,845,000 | $3,495,000 | -9.1% | 0.2% |
| NEWREZ LLC | $6,765,000 | $3,465,000 | -48.8% | 0.2% |
| STATE EMPLOYEES' | $2,880,000 | $3,370,000 | 17.0% | 0.2% |
| U.S. Bank | $7,585,000 | $3,330,000 | -56.1% | 0.2% |
| Morgan Stanley Private Bank | $4,810,000 | $3,310,000 | -31.2% | 0.2% |
| Victorian Finance, LLC | $3,640,000 | $3,220,000 | -11.5% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $4,815,000 | $3,175,000 | -34.1% | 0.2% |
| Plains Commerce Bank | $2,980,000 | n/a | 0.2% | |
| NATION ONE MORTGAGE CORPORATION | $2,335,000 | $2,965,000 | 27.0% | 0.2% |
| TD Bank | $4,865,000 | $2,950,000 | -39.4% | 0.2% |
| Waterstone Mortgage Corporation | $920,000 | $2,935,000 | 219.0% | 0.2% |
| Virginia Credit Union, Inc. | $2,015,000 | $2,895,000 | 43.7% | 0.2% |
| AmeriHome Mortgage Company, LLC | $1,390,000 | $2,745,000 | 97.5% | 0.2% |
| Discover Bank | $1,170,000 | $2,695,000 | 130.3% | 0.2% |
| First National Bank of America | $1,755,000 | $2,455,000 | 39.9% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $2,985,000 | $2,455,000 | -17.8% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $3,350,000 | $2,450,000 | -26.9% | 0.2% |
| First Community Bank | $5,985,000 | $2,435,000 | -59.3% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $915,000 | $2,430,000 | 165.6% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $4,385,000 | $2,390,000 | -45.5% | 0.2% |
| The Federal Savings Bank | $3,940,000 | $2,355,000 | -40.2% | 0.2% |
| NFM, INC. | $1,885,000 | $2,285,000 | 21.2% | 0.2% |
| Summit Community Bank, Inc. | $1,565,000 | $2,070,000 | 32.3% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $5,645,000 | $2,030,000 | -64.0% | 0.1% |
| Fulton Bank | $895,000 | $2,000,000 | 123.5% | 0.1% |
| TOWNE MORTGAGE COMPANY | $2,865,000 | $1,890,000 | -34.0% | 0.1% |
| CAPITAL CENTER, L.L.C. | $5,480,000 | $1,835,000 | -66.5% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $3,005,000 | $1,825,000 | -39.3% | 0.1% |
| MILEND, INC. | $645,000 | $1,825,000 | 182.9% | 0.1% |
| George Mason Mortgage, LLC | $2,915,000 | $1,805,000 | -38.1% | 0.1% |
| AgFirst Farm Credit Bank | $4,745,000 | $1,780,000 | -62.5% | 0.1% |
| Farm Credit of the Virginias, ACA | $2,240,000 | $1,755,000 | -21.7% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,225,000 | $1,725,000 | 40.8% | 0.1% |
| Ally Bank | $885,000 | $1,710,000 | 93.2% | 0.1% |
| ValleyStar Credit Union | $25,600,000 | $1,675,000 | -93.5% | 0.1% |
| First Federal Bank | $560,000 | $1,665,000 | 197.3% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $1,415,000 | $1,615,000 | 14.1% | 0.1% |
| ARC HOME LLC | $225,000 | $1,585,000 | 604.4% | 0.1% |
| The Central Trust Bank | $1,570,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $1,130,000 | $1,535,000 | 35.8% | 0.1% |
| SIRVA MORTGAGE, INC. | $1,930,000 | $1,490,000 | -22.8% | 0.1% |
| Carrington Mortgage Services, LLC | $3,755,000 | $1,480,000 | -60.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,550,000 | $1,470,000 | -5.2% | 0.1% |
| The Huntington National Bank | $1,755,000 | $1,425,000 | -18.8% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $800,000 | $1,425,000 | 78.1% | 0.1% |
| GSF Mortgage Corporation | $385,000 | $1,420,000 | 268.8% | 0.1% |
| EMM LOANS LLC | $1,150,000 | $1,380,000 | 20.0% | 0.1% |
| TOWER | $735,000 | $1,280,000 | 74.1% | 0.1% |
| Wilmington Savings Fund Society, FSB | $1,270,000 | n/a | 0.1% | |
| OCMBC, INC. | $965,000 | $1,255,000 | 30.1% | 0.1% |
| Flagstar Bank, FSB | $13,450,000 | $1,225,000 | -90.9% | 0.1% |
| BNC National Bank | $920,000 | $1,195,000 | 29.9% | 0.1% |
| CALIBER HOME LOANS, INC. | $5,405,000 | $1,190,000 | -78.0% | 0.1% |
| NBKC BANK | $1,075,000 | $1,180,000 | 9.8% | 0.1% |
| LOANPAL, LLC | $655,000 | $1,170,000 | 78.6% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,395,000 | $1,130,000 | -19.0% | 0.1% |
| Farmers and Merchants Trust Company of Chambersburg | $1,130,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $2,240,000 | $1,095,000 | -51.1% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,040,000 | $1,090,000 | -64.1% | 0.1% |
| PLANET HOME LENDING, LLC | $1,450,000 | $1,080,000 | -25.5% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $425,000 | $1,060,000 | 149.4% | 0.1% |
| Figure Lending LLC | $1,095,000 | $1,055,000 | -3.7% | 0.1% |
| BETTER MORTGAGE CORPORATION | $5,840,000 | $1,040,000 | -82.2% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $1,725,000 | $995,000 | -42.3% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $985,000 | n/a | 0.1% | |
| MCNB Bank and Trust Co. | $955,000 | n/a | 0.1% | |
| LENDINGONE, LLC | $305,000 | $950,000 | 211.5% | 0.1% |
| Keystone Funding, Inc. | $945,000 | n/a | 0.1% | |
| MORTGAGE ACCESS CORP. | $610,000 | $945,000 | 54.9% | 0.1% |
| City National Bank of West Virginia | $940,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $615,000 | $935,000 | 52.0% | 0.1% |
| INTERCOASTAL MORTGAGE COMPANY | $17,720,000 | $930,000 | -94.8% | 0.1% |
| Citadel Servicing Corporation | $225,000 | $925,000 | 311.1% | 0.1% |
| RESIDENTIAL BANCORP | $730,000 | $910,000 | 24.7% | 0.1% |
| M&T Bank | $1,265,000 | $895,000 | -29.2% | 0.1% |
| Princeton Mortgage Corporation | $245,000 | $870,000 | 255.1% | 0.1% |
| COASTAL Federal Credit Union | $335,000 | $830,000 | 147.8% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $215,000 | $795,000 | 269.8% | 0.1% |
| SOUTHERN TRUST MORTGAGE, LLC | $2,375,000 | $775,000 | -67.4% | 0.1% |
| Fifth Third Bank | $1,285,000 | $770,000 | -40.1% | 0.1% |
| Charles Schwab Bank, SSB | $355,000 | $765,000 | 115.5% | 0.1% |
| Citibank | $380,000 | $735,000 | 93.4% | 0.0% |
| FAY SERVICING, LLC | $85,000 | $735,000 | 764.7% | 0.0% |
| Lakeview Community Capital, LLC | $775,000 | $735,000 | -5.2% | 0.0% |
| BankPlus | $725,000 | n/a | 0.0% | |
| NexBank | $725,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $705,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $810,000 | $695,000 | -14.2% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $1,360,000 | $690,000 | -49.3% | 0.0% |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $685,000 | n/a | 0.0% | |
| Magnolia Bank | $780,000 | $680,000 | -12.8% | 0.0% |
| PLUS RELOCATION MORTGAGE, LLC | $680,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $675,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $785,000 | $645,000 | -17.8% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $640,000 | n/a | 0.0% | |
| CBM Mortgage, Inc. | $740,000 | $640,000 | -13.5% | 0.0% |
| BMO Harris Bank | $605,000 | n/a | 0.0% | |
| Integrity Home Mortgage Corp | $3,180,000 | $600,000 | -81.1% | 0.0% |
| U S WIDE FINANCIAL LLC | $595,000 | n/a | 0.0% | |
| Celco Community Federal Credit Union | $590,000 | n/a | 0.0% | |
| The Fidelity Bank | $1,920,000 | $580,000 | -69.8% | 0.0% |
| Bell Bank | $575,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $575,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $2,010,000 | $540,000 | -73.1% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $2,535,000 | $535,000 | -78.9% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $145,000 | $530,000 | 265.5% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $1,730,000 | $530,000 | -69.4% | 0.0% |
| PHH Mortgage Corporation | $1,145,000 | $525,000 | -54.1% | 0.0% |
| The Bank of Marion | $525,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $510,000 | $510,000 | 0.0% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $315,000 | $505,000 | 60.3% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $505,000 | n/a | 0.0% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $505,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $1,365,000 | $500,000 | -63.4% | 0.0% |
| Arvest Bank | $1,285,000 | $495,000 | -61.5% | 0.0% |
| GoPrime Mortgage, Inc. | $985,000 | $495,000 | -49.7% | 0.0% |
| Ameris Bank | $420,000 | $490,000 | 16.7% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,645,000 | $490,000 | -70.2% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $585,000 | $485,000 | -17.1% | 0.0% |
| Strong Home Mortgage, LLC | $1,880,000 | $485,000 | -74.2% | 0.0% |
| Virginia National Bank | $485,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $225,000 | $480,000 | 113.3% | 0.0% |
| RANLIFE, INC. | $460,000 | $480,000 | 4.3% | 0.0% |
| AMWEST FUNDING CORP. | $240,000 | $465,000 | 93.8% | 0.0% |
| Apple Federal Credit Union | $270,000 | $465,000 | 72.2% | 0.0% |
| COMPASS MORTGAGE, INC. | $465,000 | n/a | 0.0% | |
| DUPONT COMMUNITY | $2,530,000 | $465,000 | -81.6% | 0.0% |
| HOMESTAR FINANCIAL CORPORATION | $415,000 | $455,000 | 9.6% | 0.0% |
| First Bank | $7,000,000 | $445,000 | -93.6% | 0.0% |
| Vellum Mortgage, Inc. | $645,000 | $445,000 | -31.0% | 0.0% |
| THRIVE MORTGAGE, LLC | $1,255,000 | $440,000 | -64.9% | 0.0% |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $715,000 | $435,000 | -39.2% | 0.0% |
| Deere Employees Credit Union | $1,335,000 | $430,000 | -67.8% | 0.0% |
| Regions Bank | $640,000 | $430,000 | -32.8% | 0.0% |
| FIRST MORTGAGE COMPANY, INC. | $420,000 | n/a | 0.0% | |
| INTELLILOAN, INC. | $415,000 | n/a | 0.0% | |
| Raymond James Bank | $415,000 | n/a | 0.0% | |
| FIDELITY DIRECT MORTGAGE, LLC | $410,000 | n/a | 0.0% | |
| FIRST HOME MORTGAGE CORPORATION | $225,000 | $410,000 | 82.2% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $245,000 | $405,000 | 65.3% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $845,000 | $390,000 | -53.8% | 0.0% |
| Equity Prime Mortgage LLC | $330,000 | $380,000 | 15.2% | 0.0% |
| Sandy Spring Bank | $1,400,000 | $380,000 | -72.9% | 0.0% |
| Aurora Financial, LLC | $375,000 | n/a | 0.0% | |
| WesBanco | $375,000 | n/a | 0.0% | |
| First Financial Bank | $365,000 | n/a | 0.0% | |
| Coastal Community Bank | $355,000 | n/a | 0.0% | |
| ASSEMBLIES OF GOD Credit Union | $345,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,055,000 | $340,000 | -67.8% | 0.0% |
| Capital Bank | $335,000 | n/a | 0.0% | |
| LANGLEY | $170,000 | $330,000 | 94.1% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $330,000 | n/a | 0.0% | |
| Select Bank | $4,870,000 | $320,000 | -93.4% | 0.0% |
| ACADEMY MORTGAGE CORPORATION | $315,000 | $315,000 | 0.0% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $1,900,000 | $315,000 | -83.4% | 0.0% |
| SUMMIT FUNDING, INC. | $425,000 | $305,000 | -28.2% | 0.0% |
| TJC Mortgage, Inc. | $165,000 | $305,000 | 84.8% | 0.0% |
| Northwest Federal Credit Union | $970,000 | $300,000 | -69.1% | 0.0% |
| Loan Simple, Inc. | $195,000 | $295,000 | 51.3% | 0.0% |
| Stifel Bank and Trust | $685,000 | $295,000 | -56.9% | 0.0% |
| Bank-Fund Staff Federal Credit Union | $290,000 | n/a | 0.0% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $7,320,000 | $285,000 | -96.1% | 0.0% |
| FIRST SAVINGS MORTGAGE CORPORATION | $2,665,000 | $285,000 | -89.3% | 0.0% |
| N R L Federal Credit Union | $285,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $275,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $145,000 | $265,000 | 82.8% | 0.0% |
| CORNING | $255,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $255,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $250,000 | n/a | 0.0% | |
| Heritage Bank | $245,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $685,000 | $245,000 | -64.2% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $245,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $235,000 | n/a | 0.0% | |
| First Merchants Bank | $235,000 | n/a | 0.0% | |
| First National Bank of Omaha | $235,000 | n/a | 0.0% | |
| Bank of England | $580,000 | $230,000 | -60.3% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $155,000 | $225,000 | 45.2% | 0.0% |
| Member Options, LLC | $225,000 | n/a | 0.0% | |
| Peoples Bank | $225,000 | n/a | 0.0% | |
| ServisFirst Bank | $225,000 | n/a | 0.0% | |
| AMERICAN FINANCE HOUSE LARIBA | $215,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $205,000 | n/a | 0.0% | |
| First Savings Bank | $1,050,000 | $195,000 | -81.4% | 0.0% |
| New Peoples Bank, Inc. | $185,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $125,000 | $185,000 | 48.0% | 0.0% |
| Countybank | $155,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $1,170,000 | $155,000 | -86.8% | 0.0% |
| THE MORTGAGE LINK, INC. | $270,000 | $155,000 | -42.6% | 0.0% |
| UNIVERSITY CREDIT UNION | $150,000 | n/a | 0.0% | |
| Leader Bank | $145,000 | n/a | 0.0% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $3,155,000 | $145,000 | -95.4% | 0.0% |
| BAY EQUITY LLC | $135,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $135,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $735,000 | $135,000 | -81.6% | 0.0% |
| Salem VA Credit Union | $445,000 | $130,000 | -70.8% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $125,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $125,000 | n/a | 0.0% | |
| KeyBank | $830,000 | $115,000 | -86.1% | 0.0% |
| Commerce Home Mortgage, Inc. | $105,000 | n/a | 0.0% | |
| EDUCATIONAL SYSTEMS | $105,000 | n/a | 0.0% | |
| LAFAYETTE FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $100,000 | n/a | 0.0% | |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $795,000 | $95,000 | -88.1% | 0.0% |
| State Department Federal Credit Union | $145,000 | $95,000 | -34.5% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $1,270,000 | $85,000 | -93.3% | 0.0% |
| United Bank | $780,000 | $85,000 | -89.1% | 0.0% |
| Meridian Bank Corporation | $75,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $55,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $45,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $45,000 | n/a | 0.0% | |
| First American Bank | $15,000 | n/a | 0.0% |
ROANOKE's top lender by overall market share is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 6.0% market share. In second place, with 5.6%, is QUICKEN LOANS, LLC, having originated $84,240,000 in loans. In third place, with 5.0%, is MEMBER ONE, having originated $75,440,000 in loans. In fourth place, with 4.6%, is Bank of Botetourt, having originated $69,880,000 in loans. In fifth place, with 4.3%, is GREYSTONE SERVICING COMPANY LLC, having originated $65,675,000 in loans.
ROANOKE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - ROANOKE (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 | $239,925 (9.3%) | $335,605 (5.6%) | 0.89 | 1,372 |
| 2018-02-01 | $248,975 (13.2%) | $336,803 (5.2%) | 0.90 | 1,372 |
| 2018-03-01 | $249,250 (10.6%) | $339,295 (4.0%) | 0.87 | 1,424 |
| 2018-04-01 | $252,500 (7.5%) | $349,732 (4.5%) | 0.86 | 1,480 |
| 2018-05-01 | $254,950 (6.5%) | $356,192 (6.0%) | 0.85 | 1,600 |
| 2018-06-01 | $264,925 (8.1%) | $369,179 (9.4%) | 0.88 | 1,582 |
| 2018-07-01 | $261,850 (6.9%) | $368,607 (8.5%) | 0.87 | 1,600 |
| 2018-08-01 | $259,950 (8.3%) | $364,518 (7.6%) | 0.87 | 1,617 |
| 2018-09-01 | $254,950 (4.1%) | $365,562 (5.9%) | 0.86 | 1,587 |
| 2018-10-01 | $249,897 (4.1%) | $355,775 (2.8%) | 0.85 | 1,575 |
| 2018-11-01 | $254,950 (8.8%) | $361,690 (8.3%) | 0.86 | 1,491 |
| 2018-12-01 | $249,500 (4.0%) | $358,083 (4.2%) | 0.86 | 1,377 |
| 2019-01-01 | $252,725 (5.3%) | $355,382 (5.9%) | 0.87 | 1,274 |
| 2019-02-01 | $256,975 (3.2%) | $361,532 (7.3%) | 0.87 | 1,234 |
| 2019-03-01 | $266,414 (6.9%) | $368,835 (8.7%) | 0.87 | 1,239 |
| 2019-04-01 | $273,927 (8.5%) | $372,204 (6.4%) | 0.87 | 1,254 |
| 2019-05-01 | $288,313 (13.1%) | $374,477 (5.1%) | 0.90 | 1,274 |
| 2019-06-01 | $285,950 (7.9%) | $369,963 (0.2%) | 0.89 | 1,309 |
| 2019-07-01 | $281,175 (7.4%) | $371,894 (0.9%) | 0.88 | 1,292 |
| 2019-08-01 | $278,564 (7.2%) | $373,794 (2.5%) | 0.88 | 1,263 |
| 2019-09-01 | $276,559 (8.5%) | $378,719 (3.6%) | 0.89 | 1,247 |
| 2019-10-01 | $275,223 (10.1%) | $380,950 (7.1%) | 0.89 | 1,237 |
| 2019-11-01 | $279,000 (9.4%) | $385,687 (6.6%) | 0.91 | 1,204 |
| 2019-12-01 | $275,925 (10.6%) | $381,701 (6.6%) | 0.92 | 1,087 |
| 2020-01-01 | $269,925 (6.8%) | $379,981 (6.9%) | 0.90 | 1,016 |
| 2020-02-01 | $276,825 (7.7%) | $392,209 (8.5%) | 0.91 | 938 |
| 2020-03-01 | $275,950 (3.6%) | $390,496 (5.9%) | 0.87 | 954 |
| 2020-04-01 | $279,950 (2.2%) | $388,271 (4.3%) | 0.88 | 987 |
| 2020-05-01 | $295,000 (2.3%) | $408,741 (9.2%) | 0.90 | 866 |
| 2020-06-01 | $307,461 (7.5%) | $420,394 (13.6%) | 0.91 | 827 |
| 2020-07-01 | $299,182 (6.4%) | $412,659 (11.0%) | 0.87 | 737 |
| 2020-08-01 | $299,700 (7.6%) | $417,516 (11.7%) | 0.86 | 680 |
| 2020-09-01 | $286,475 (3.6%) | $416,273 (9.9%) | 0.82 | 696 |
| 2020-10-01 | $274,950 (-0.1%) | $403,565 (5.9%) | 0.79 | 675 |
| 2020-11-01 | $272,473 (-2.3%) | $411,754 (6.8%) | 0.80 | 628 |
| 2020-12-01 | $267,746 (-3.0%) | $400,875 (5.0%) | 0.80 | 567 |
| 2021-01-01 | $272,500 (1.0%) | $398,263 (4.8%) | 0.81 | 484 |
| 2021-02-01 | $287,613 (3.9%) | $423,177 (7.9%) | 0.84 | 371 |
| 2021-03-01 | $294,950 (6.9%) | $429,201 (9.9%) | 0.84 | 354 |
| 2021-04-01 | $292,713 (4.6%) | $419,213 (8.0%) | 0.79 | 357 |
| 2021-05-01 | $282,950 (-4.1%) | $399,920 (-2.2%) | 0.75 | 389 |
| 2021-06-01 | $289,475 (-5.9%) | $403,790 (-4.0%) | 0.76 | 450 |
| 2021-07-01 | $289,925 (-3.1%) | $389,350 (-5.7%) | 0.77 | 493 |
| 2021-08-01 | $279,475 (-6.8%) | $395,072 (-5.4%) | 0.75 | 517 |
| 2021-09-01 | $289,950 (1.2%) | $397,248 (-4.6%) | 0.77 | 473 |
| 2021-10-01 | $292,950 (6.6%) | $406,326 (0.7%) | 0.78 | 496 |
| 2021-11-01 | $289,961 (6.4%) | $410,712 (-0.3%) | 0.78 | 446 |
| 2021-12-01 | $302,475 (13.0%) | $428,808 (7.0%) | 0.82 | 363 |
| 2022-01-01 | $317,950 (16.7%) | $439,475 (10.4%) | 0.86 | 299 |
| 2022-02-01 | $326,700 (13.6%) | $460,856 (8.9%) | 0.85 | 267 |
| 2022-03-01 | $325,065 (10.2%) | $453,828 (5.7%) | 0.81 | 259 |
| 2022-04-01 | $309,900 (5.9%) | $444,328 (6.0%) | 0.74 | 285 |
| 2022-05-01 | $349,475 (23.5%) | $483,209 (20.8%) | 0.80 | 338 |
| 2022-06-01 | $343,975 (18.8%) | $499,277 (23.7%) | 0.77 | 416 |
| 2022-07-01 | $349,450 (20.5%) | $486,365 (24.9%) | 0.79 | 452 |
| 2022-08-01 | $326,200 (16.7%) | $465,622 (17.9%) | 0.75 | 419 |
| 2022-09-01 | $341,463 (17.8%) | $470,078 (18.3%) | 0.80 | 419 |
| 2022-10-01 | $337,925 (15.4%) | $446,700 (9.9%) | 0.80 | 451 |
| 2022-11-01 | $329,975 (13.8%) | $450,571 (9.7%) | 0.79 | 457 |
| 2022-12-01 | $339,950 (12.4%) | $453,026 (5.7%) | 0.84 | 429 |
| 2023-01-01 | $347,250 (9.2%) | $478,288 (8.8%) | 0.86 | 423 |
| 2023-02-01 | $349,950 (7.1%) | $499,237 (8.3%) | 0.84 | 362 |
| 2023-03-01 | $368,950 (13.5%) | $513,623 (13.2%) | 0.87 | 340 |
| 2023-04-01 | $377,475 (21.8%) | $528,828 (19.0%) | 0.88 | 344 |
| 2023-05-01 | $383,925 (9.9%) | $541,173 (12.0%) | 0.87 | 337 |
| 2023-06-01 | $375,725 (9.2%) | $542,377 (8.6%) | 0.84 | 384 |
| 2023-07-01 | $379,000 (8.5%) | $550,288 (13.1%) | 0.86 | 427 |
| 2023-08-01 | $374,925 (14.9%) | $536,813 (15.3%) | 0.86 | 445 |
| 2023-09-01 | $365,000 (6.9%) | $518,796 (10.4%) | 0.85 | 485 |
| 2023-10-01 | $353,725 (4.7%) | $498,625 (11.6%) | 0.83 | 552 |
| 2023-11-01 | $347,950 (5.5%) | $490,207 (8.8%) | 0.83 | 552 |
| 2023-12-01 | $349,900 (2.9%) | $479,931 (5.9%) | 0.85 | 513 |
| 2024-01-01 | $340,873 (-1.8%) | $462,292 (-3.3%) | 0.83 | 487 |
| 2024-02-01 | $342,499 (-2.1%) | $466,583 (-6.5%) | 0.82 | 441 |
| 2024-03-01 | $350,000 (-5.1%) | $483,897 (-5.8%) | 0.82 | 436 |
ROANOKE's median listing price for 2024-03-01 was $350,000, a difference of
$-18,950
(-5.1%) versus the prior year and
$7,501 versus the prior month.
ROANOKE's median listing price comes in at 82% of the national average.
ROANOKE's average listing price for 2024-03-01 was $483,897, a difference of $-29,726 (-5.8%) versus the prior year and $17,314 versus the prior month.
For the 2024-03-01 period, ROANOKE had 436 MLS listings, a difference of -5 listings (-1%) versus the prior month and 96 listings (28%) versus the prior year.
ROANOKE's median listing price comes in at 82% of the national average.
ROANOKE's average listing price for 2024-03-01 was $483,897, a difference of $-29,726 (-5.8%) versus the prior year and $17,314 versus the prior month.
For the 2024-03-01 period, ROANOKE had 436 MLS listings, a difference of -5 listings (-1%) versus the prior month and 96 listings (28%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - ROANOKE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 91 days | 2,060 sqft |
| 2018-02-01 | 84 days | 2,062 sqft |
| 2018-03-01 | 66 days | 2,110 sqft |
| 2018-04-01 | 58 days | 2,136 sqft |
| 2018-05-01 | 53 days | 2,153 sqft |
| 2018-06-01 | 60 days | 2,160 sqft |
| 2018-07-01 | 70 days | 2,151 sqft |
| 2018-08-01 | 72 days | 2,156 sqft |
| 2018-09-01 | 72 days | 2,156 sqft |
| 2018-10-01 | 74 days | 2,119 sqft |
| 2018-11-01 | 79 days | 2,127 sqft |
| 2018-12-01 | 82 days | 2,100 sqft |
| 2019-01-01 | 93 days | 2,089 sqft |
| 2019-02-01 | 95 days | 2,121 sqft |
| 2019-03-01 | 79 days | 2,149 sqft |
| 2019-04-01 | 57 days | 2,166 sqft |
| 2019-05-01 | 55 days | 2,175 sqft |
| 2019-06-01 | 61 days | 2,168 sqft |
| 2019-07-01 | 67 days | 2,157 sqft |
| 2019-08-01 | 70 days | 2,154 sqft |
| 2019-09-01 | 71 days | 2,141 sqft |
| 2019-10-01 | 72 days | 2,131 sqft |
| 2019-11-01 | 73 days | 2,142 sqft |
| 2019-12-01 | 80 days | 2,116 sqft |
| 2020-01-01 | 89 days | 2,066 sqft |
| 2020-02-01 | 82 days | 2,121 sqft |
| 2020-03-01 | 54 days | 2,133 sqft |
| 2020-04-01 | 57 days | 2,144 sqft |
| 2020-05-01 | 71 days | 2,200 sqft |
| 2020-06-01 | 62 days | 2,196 sqft |
| 2020-07-01 | 58 days | 2,161 sqft |
| 2020-08-01 | 57 days | 2,200 sqft |
| 2020-09-01 | 54 days | 2,198 sqft |
| 2020-10-01 | 55 days | 2,150 sqft |
| 2020-11-01 | 60 days | 2,175 sqft |
| 2020-12-01 | 66 days | 2,160 sqft |
| 2021-01-01 | 67 days | 2,131 sqft |
| 2021-02-01 | 64 days | 2,147 sqft |
| 2021-03-01 | 47 days | 2,092 sqft |
| 2021-04-01 | 42 days | 2,005 sqft |
| 2021-05-01 | 40 days | 2,007 sqft |
| 2021-06-01 | 40 days | 2,026 sqft |
| 2021-07-01 | 43 days | 2,005 sqft |
| 2021-08-01 | 45 days | 1,977 sqft |
| 2021-09-01 | 52 days | 2,002 sqft |
| 2021-10-01 | 49 days | 2,019 sqft |
| 2021-11-01 | 64 days | 2,006 sqft |
| 2021-12-01 | 61 days | 2,014 sqft |
| 2022-01-01 | 84 days | 2,031 sqft |
| 2022-02-01 | 64 days | 2,005 sqft |
| 2022-03-01 | 38 days | 1,942 sqft |
| 2022-04-01 | 35 days | 1,934 sqft |
| 2022-05-01 | 32 days | 2,021 sqft |
| 2022-06-01 | 34 days | 2,056 sqft |
| 2022-07-01 | 40 days | 2,031 sqft |
| 2022-08-01 | 42 days | 1,947 sqft |
| 2022-09-01 | 46 days | 1,977 sqft |
| 2022-10-01 | 40 days | 2,008 sqft |
| 2022-11-01 | 44 days | 1,977 sqft |
| 2022-12-01 | 54 days | 1,960 sqft |
| 2023-01-01 | 60 days | 2,006 sqft |
| 2023-02-01 | 63 days | 2,008 sqft |
| 2023-03-01 | 50 days | 2,044 sqft |
| 2023-04-01 | 44 days | 2,117 sqft |
| 2023-05-01 | 43 days | 2,113 sqft |
| 2023-06-01 | 42 days | 2,100 sqft |
| 2023-07-01 | 43 days | 2,094 sqft |
| 2023-08-01 | 45 days | 2,082 sqft |
| 2023-09-01 | 43 days | 1,980 sqft |
| 2023-10-01 | 45 days | 1,979 sqft |
| 2023-11-01 | 50 days | 1,980 sqft |
| 2023-12-01 | 59 days | 1,939 sqft |
| 2024-01-01 | 63 days | 1,914 sqft |
| 2024-02-01 | 61 days | 1,906 sqft |
| 2024-03-01 | 46 days | 1,908 sqft |
ROANOKE's median listing age (time on market) for 2024-03-01 was 46 days.
This
is -8%
shorter
than the same period one year ago.
ROANOKE's median square footage for active listings during the 2024-03-01 period was 1,908 sqft. One year prior, the average listing was 2,044 sqft.
ROANOKE's median square footage for active listings during the 2024-03-01 period was 1,908 sqft. One year prior, the average listing was 2,044 sqft.
ROANOKE, VA 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.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 24001 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24002 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24003 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24004 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24005 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24006 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24007 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24008 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24009 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24010 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24011 | Roanoke, VA HUD Metro FMR Area | $780 | $870 | $1,070 | $1,470 | $1,660 |
| 24012 | Roanoke, VA HUD Metro FMR Area | $690 | $770 | $950 | $1,300 | $1,470 |
| 24013 | Roanoke, VA HUD Metro FMR Area | $710 | $790 | $970 | $1,330 | $1,500 |
| 24014 | Roanoke, VA HUD Metro FMR Area | $670 | $750 | $920 | $1,260 | $1,420 |
| 24015 | Roanoke, VA HUD Metro FMR Area | $640 | $710 | $880 | $1,210 | $1,360 |
| 24016 | Roanoke, VA HUD Metro FMR Area | $750 | $840 | $1,030 | $1,410 | $1,590 |
| 24017 | Roanoke, VA HUD Metro FMR Area | $720 | $800 | $990 | $1,360 | $1,530 |
| 24018 | Roanoke, VA HUD Metro FMR Area | $800 | $890 | $1,100 | $1,510 | $1,700 |
| 24019 | Roanoke, VA HUD Metro FMR Area | $820 | $910 | $1,120 | $1,540 | $1,730 |
| 24020 | Roanoke, VA HUD Metro FMR Area | $820 | $910 | $1,120 | $1,540 | $1,730 |
| 24022 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24023 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24024 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24025 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24026 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24027 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24028 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24029 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24030 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24031 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24032 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24033 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24034 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24035 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24036 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24037 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24038 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24059 | Roanoke, VA HUD Metro FMR Area | $710 | $760 | $960 | $1,270 | $1,450 |
| 24064 | Roanoke, VA HUD Metro FMR Area | $690 | $750 | $900 | $1,230 | $1,380 |
| 24065 | Roanoke, VA HUD Metro FMR Area | $640 | $650 | $850 | $1,070 | $1,190 |
| 24066 | Roanoke, VA HUD Metro FMR Area | $620 | $690 | $850 | $1,170 | $1,320 |
| 24070 | Roanoke, VA HUD Metro FMR Area | $680 | $750 | $930 | $1,280 | $1,440 |
| 24077 | Roanoke, VA HUD Metro FMR Area | $750 | $830 | $1,020 | $1,400 | $1,580 |
| 24079 | Roanoke, VA HUD Metro FMR Area | $770 | $850 | $1,050 | $1,430 | $1,620 |
| 24083 | Roanoke, VA HUD Metro FMR Area | $900 | $1,000 | $1,230 | $1,690 | $1,900 |
| 24085 | Roanoke, VA HUD Metro FMR Area | $670 | $750 | $920 | $1,270 | $1,430 |
| 24087 | Roanoke, VA HUD Metro FMR Area | $670 | $730 | $850 | $1,200 | $1,440 |
| 24090 | Roanoke, VA HUD Metro FMR Area | $830 | $920 | $1,140 | $1,560 | $1,760 |
| 24101 | Roanoke, VA HUD Metro FMR Area | $830 | $840 | $1,090 | $1,350 | $1,510 |
| 24127 | Roanoke, VA HUD Metro FMR Area | $580 | $640 | $800 | $1,090 | $1,230 |
| 24128 | Roanoke, VA HUD Metro FMR Area | $680 | $730 | $850 | $1,200 | $1,440 |
| 24130 | Roanoke, VA HUD Metro FMR Area | $720 | $800 | $990 | $1,360 | $1,530 |
| 24131 | Roanoke, VA HUD Metro FMR Area | $580 | $640 | $800 | $1,090 | $1,230 |
| 24153 | Roanoke, VA HUD Metro FMR Area | $820 | $910 | $1,120 | $1,540 | $1,730 |
| 24175 | Roanoke, VA HUD Metro FMR Area | $690 | $760 | $940 | $1,290 | $1,460 |
| 24179 | Roanoke, VA HUD Metro FMR Area | $690 | $740 | $900 | $1,230 | $1,380 |
| 24422 | Roanoke, VA HUD Metro FMR Area | $600 | $670 | $820 | $1,120 | $1,270 |
| 24426 | Roanoke, VA HUD Metro FMR Area | $580 | $640 | $800 | $1,090 | $1,230 |
| 24438 | Roanoke, VA HUD Metro FMR Area | $720 | $800 | $990 | $1,360 | $1,530 |
| 24450 | Roanoke, VA HUD Metro FMR Area | $720 | $800 | $990 | $1,360 | $1,530 |
| 24579 | Roanoke, VA HUD Metro FMR Area | $720 | $800 | $990 | $1,360 | $1,530 |
2022 Average & Median Rent Data Statistics
ROANOKE, VA average 1BR rent: $774, median: $760
ROANOKE, VA average 2BR rent: $956, median: $940
ROANOKE, VA average 3BR rent: $1,308, median: $1,290
ROANOKE, VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,355 | $932,795,000 | $278,031 |
| Other | 828 | $79,800,000 | $96,377 |
| Cash Out Refi | 750 | $142,290,000 | $189,720 |
| Home Improvement | 671 | $57,215,000 | $85,268 |
| Refi | 627 | $304,005,000 | $484,856 |
Roanoke's most frequently cited loan purpose was Home Purchase, with 3,355 originations. The 2nd most popular reason was Other, with 828 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,171 | $525,785,000 | $242,186 |
| 7-8% | 1,490 | $317,810,000 | $213,295 |
| 5-6% | 933 | $270,465,000 | $289,887 |
| Over 8% | 913 | $103,285,000 | $113,127 |
| 4-5% | 322 | $35,620,000 | $110,621 |
| 3-4% | 14 | $2,240,000 | $160,000 |
| 2.5-3% | 12 | $2,000,000 | $166,667 |
| <2.5% | 11 | $1,045,000 | $95,000 |
During 2023, Roanoke's most frequently originated rate bucket was 6-7%, with 2,171 originations.
Loan Sizing (ROANOKE, VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,998 | $546,660,000 | $273,604 |
| $100k-200k | 1,967 | $290,995,000 | $147,938 |
| $100,000 or less | 1,703 | $91,555,000 | $53,761 |
| $400k-600k | 363 | $171,805,000 | $473,292 |
| $600k-1000k | 137 | $101,585,000 | $741,496 |
| $Over $1MM | 63 | $313,505,000 | $4,976,270 |
ROANOKE's loan sizing saw the bucket of loans from $200k-400k with 1,998 originations, totaling $546,660,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,155 | $582,915,000 | $270,494 |
| 60-80% | 1,206 | $432,260,000 | $358,425 |
| Under 20% | 966 | $49,000,000 | $50,725 |
| 20-40% | 907 | $96,065,000 | $105,915 |
| 40-60% | 561 | $142,545,000 | $254,091 |
| Over 100% | 47 | $14,775,000 | $314,362 |
ROANOKE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,155 originations, totaling $582,915,000 in origination value.