SUMTER Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Sumter averaged
6.7%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.81% and
one month ago for the week of 2024-10-10, the
average rate was 6.04%.
Sumter's average rate one year ago was 7.32%.
For refis of the same type during the week of 2024-11-14, the average rate
was 6.78%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Sumter 30 Year Fixed Rate | 2024-11-14 | 6.7% |
| Sumter 30 Year Fixed Rate Refi | 2024-11-14 | 6.78% |
| Sumter 15 Year Fixed Rate | 2024-11-14 | 5.99% |
| Sumter 15 Year Fixed Rate Refi | 2024-11-14 | 5.89% |
| Sumter 30 Year FHA | 2024-11-14 | -0.26% |
| Sumter 30 Year FHA Refi | 2024-11-14 | -0.2% |
| Sumter 30 Year USDA | 2024-11-14 | -0.1% |
| Sumter 30 Year USDA Refi | 2024-11-14 | 0.2% |
| Sumter 30 Year VA | 2024-11-14 | -0.07% |
| Sumter 30 Year VA Refi | 2024-11-14 | 0% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SUMTER, SC.
SUMTER 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 SUMTER, SC 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.).
SUMTER Average Closing Costs & Other Stats
SUMTER, SC's 102 lenders originated 2,335
loans during 2023. The total origination value was $473,565,000, with an average loan value of
$202,812.
SUMTER's average closing costs are $5,259.
The top SUMTER lender as defined by loan originations is SAFE FEDERAL CREDIT UNION, with
104 loans originated. Their average total fees are
$2,869, which is $3,957
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SUMTER lenders (with over 10 loans originated) are
SAFE FEDERAL CREDIT UNION ($2,869), First-Citizens Bank & Trust Company ($3,756), First Palmetto Bank ($3,917), Synovus Bank ($4,139) and FBC MORTGAGE, LLC ($4,336).
The lowest rate SUMTER lenders (with over 10 loans originated) are
SAFE FEDERAL CREDIT UNION (6.00%), Synovus Bank (6.45%), FBC MORTGAGE, LLC (6.52%), Gateway First Bank (6.56%) and First-Citizens Bank & Trust Company (6.57%).
SUMTER, SC 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 |
|---|---|---|---|---|
| SAFE FEDERAL CREDIT UNION | $40,435,000 | $33,415,000 | -17.4% | 7.1% |
| FBC MORTGAGE, LLC | $7,950,000 | $32,250,000 | 305.7% | 6.8% |
| Mortgage Research Center, LLC | $36,835,000 | $26,220,000 | -28.8% | 5.5% |
| QUICKEN LOANS, LLC | $29,365,000 | $22,700,000 | -22.7% | 4.8% |
| Gateway First Bank | $28,655,000 | $19,980,000 | -30.3% | 4.2% |
| MOVEMENT MORTGAGE, LLC | $28,600,000 | $17,485,000 | -38.9% | 3.7% |
| RESOURCE FINANCIAL SERVICES, INC. | $25,055,000 | $17,280,000 | -31.0% | 3.6% |
| Trustmark National Bank | $20,070,000 | $15,600,000 | -22.3% | 3.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $15,600,000 | $15,590,000 | -0.1% | 3.3% |
| TD Bank | $295,000 | $14,945,000 | 4,966.1% | 3.2% |
| First-Citizens Bank & Trust Company | $9,895,000 | $10,805,000 | 9.2% | 2.3% |
| NAVY FEDERAL CREDIT UNION | $10,380,000 | $9,235,000 | -11.0% | 2.0% |
| GUARANTEED RATE AFFINITY, LLC | $15,710,000 | $8,620,000 | -45.1% | 1.8% |
| USAA Federal Savings Bank | $9,285,000 | $7,585,000 | -18.3% | 1.6% |
| GUILD MORTGAGE COMPANY | $16,270,000 | $7,150,000 | -56.1% | 1.5% |
| Synovus Bank | $11,355,000 | $7,145,000 | -37.1% | 1.5% |
| Ameris Bank | $7,550,000 | $6,800,000 | -9.9% | 1.4% |
| BANK OF CLARENDON | $6,605,000 | n/a | 1.4% | |
| WALKER & DUNLOP, LLC | $6,485,000 | n/a | 1.4% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $7,015,000 | $6,320,000 | -9.9% | 1.3% |
| GUARANTEED RATE, INC. | $4,815,000 | $6,295,000 | 30.7% | 1.3% |
| 21ST MORTGAGE CORPORATION | $6,155,000 | $5,200,000 | -15.5% | 1.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,040,000 | $5,095,000 | 26.1% | 1.1% |
| The Citizens Bank | $3,515,000 | $4,595,000 | 30.7% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $10,405,000 | $4,545,000 | -56.3% | 1.0% |
| Wells Fargo Bank | $5,260,000 | $4,470,000 | -15.0% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $11,015,000 | $4,335,000 | -60.6% | 0.9% |
| LOANDEPOT.COM, LLC | $9,380,000 | $4,045,000 | -56.9% | 0.9% |
| DHI MORTGAGE COMPANY, LTD. | $3,855,000 | n/a | 0.8% | |
| CMG MORTGAGE, INC. | $1,940,000 | $3,355,000 | 72.9% | 0.7% |
| First Heritage Mortgage, LLC | $3,245,000 | n/a | 0.7% | |
| GREENVILLE FEDERAL CREDIT UNION | $3,175,000 | n/a | 0.7% | |
| NEWREZ LLC | $2,310,000 | $3,135,000 | 35.7% | 0.7% |
| THRIVE MORTGAGE, LLC | $460,000 | $3,010,000 | 554.3% | 0.6% |
| Truist | $6,565,000 | $2,915,000 | -55.6% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $5,600,000 | $2,845,000 | -49.2% | 0.6% |
| CARDINAL FINANCIAL | $3,780,000 | $2,665,000 | -29.5% | 0.6% |
| BROKER SOLUTIONS, INC. | $4,615,000 | $2,615,000 | -43.3% | 0.6% |
| First Palmetto Bank | $2,725,000 | $2,375,000 | -12.8% | 0.5% |
| Carolina Bank & Trust | $195,000 | $2,295,000 | 1,076.9% | 0.5% |
| Bank of America | $1,625,000 | $2,210,000 | 36.0% | 0.5% |
| First Merchants Bank | $2,205,000 | n/a | 0.5% | |
| LIMA ONE CAPITAL, LLC | $4,635,000 | $2,150,000 | -53.6% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,410,000 | $2,145,000 | -11.0% | 0.5% |
| Equity Prime Mortgage LLC | $1,365,000 | $2,140,000 | 56.8% | 0.5% |
| Carrington Mortgage Services, LLC | $3,070,000 | $2,125,000 | -30.8% | 0.4% |
| NTFN, INC. | $955,000 | $2,065,000 | 116.2% | 0.4% |
| Carter Bank & Trust | $15,005,000 | $2,005,000 | -86.6% | 0.4% |
| Renasant Bank | $1,300,000 | $1,970,000 | 51.5% | 0.4% |
| GSF Mortgage Corporation | $155,000 | $1,945,000 | 1,154.8% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $735,000 | $1,895,000 | 157.8% | 0.4% |
| NEW DAY FINANCIAL, LLC | $2,070,000 | $1,835,000 | -11.4% | 0.4% |
| PENTAGON FEDERAL CREDIT UNION | $2,560,000 | $1,770,000 | -30.9% | 0.4% |
| First Federal Bank | $1,065,000 | $1,715,000 | 61.0% | 0.4% |
| South State Bank | $4,565,000 | $1,680,000 | -63.2% | 0.4% |
| Assurance Financial Group, L.L.C. | $1,620,000 | $1,650,000 | 1.9% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,900,000 | $1,635,000 | -43.6% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,460,000 | $1,470,000 | -73.1% | 0.3% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,865,000 | $1,445,000 | -22.5% | 0.3% |
| Blue Ridge Bank | $1,420,000 | n/a | 0.3% | |
| Prosperity Home Mortgage, LLC | $1,820,000 | $1,415,000 | -22.3% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $1,035,000 | $1,320,000 | 27.5% | 0.3% |
| ArborOne, ACA | $1,300,000 | n/a | 0.3% | |
| DELMAR FINANCIAL COMPANY | $1,290,000 | n/a | 0.3% | |
| Paramount Residential Mortgage Group, Inc. | $1,940,000 | $1,265,000 | -34.8% | 0.3% |
| NBKC BANK | $1,265,000 | $1,180,000 | -6.7% | 0.2% |
| Flagstar Bank, FSB | $745,000 | $1,155,000 | 55.0% | 0.2% |
| CAROLINA ONE MORTGAGE, LLC | $1,155,000 | $1,135,000 | -1.7% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $860,000 | $1,120,000 | 30.2% | 0.2% |
| JPMorgan Chase Bank | $2,265,000 | $1,110,000 | -51.0% | 0.2% |
| UNION HOME MORTGAGE CORP. | $1,050,000 | n/a | 0.2% | |
| VILLAGE CAPITAL MORTGAGE | $1,595,000 | $1,030,000 | -35.4% | 0.2% |
| BRIGHTSTAR | $995,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $2,695,000 | $960,000 | -64.4% | 0.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $445,000 | $955,000 | 114.6% | 0.2% |
| M&T Bank | $115,000 | $940,000 | 717.4% | 0.2% |
| SOVEREIGN LENDING GROUP INCORPORATED | $340,000 | $925,000 | 172.1% | 0.2% |
| U.S. Bank | $1,045,000 | $905,000 | -13.4% | 0.2% |
| CLEARPATH LENDING | $1,630,000 | $890,000 | -45.4% | 0.2% |
| Palmetto Citizens Federal Credit Union | $545,000 | $850,000 | 56.0% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $790,000 | $830,000 | 5.1% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $335,000 | $800,000 | 138.8% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,900,000 | $770,000 | -73.4% | 0.2% |
| Anderson Brothers Bank | $655,000 | $765,000 | 16.8% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $365,000 | $755,000 | 106.8% | 0.2% |
| BAY EQUITY LLC | $715,000 | n/a | 0.2% | |
| Plains Commerce Bank | $185,000 | $700,000 | 278.4% | 0.1% |
| LIBERTY HOME MORTGAGE CORPORATION | $675,000 | n/a | 0.1% | |
| Princeton Mortgage Corporation | $520,000 | $675,000 | 29.8% | 0.1% |
| Nations Lending Corporation | $1,125,000 | $670,000 | -40.4% | 0.1% |
| Northpointe Bank | $365,000 | $660,000 | 80.8% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $365,000 | $650,000 | 78.1% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $290,000 | $650,000 | 124.1% | 0.1% |
| AgFirst Farm Credit Bank | $430,000 | $630,000 | 46.5% | 0.1% |
| REV FEDERAL CREDIT UNION | $630,000 | n/a | 0.1% | |
| ALLSOUTH | $995,000 | $625,000 | -37.2% | 0.1% |
| INTERCOASTAL MORTGAGE COMPANY | $1,455,000 | $620,000 | -57.4% | 0.1% |
| LOANPAL, LLC | $475,000 | $615,000 | 29.5% | 0.1% |
| Mid-Continent Funding, Inc. | $520,000 | $600,000 | 15.4% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $960,000 | $595,000 | -38.0% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $185,000 | $575,000 | 210.8% | 0.1% |
| Lakeview Community Capital, LLC | $805,000 | $565,000 | -29.8% | 0.1% |
| PHH Mortgage Corporation | $270,000 | $540,000 | 100.0% | 0.1% |
| Regions Bank | $1,115,000 | $525,000 | -52.9% | 0.1% |
| MILEND, INC. | $515,000 | n/a | 0.1% | |
| FIRST HOME MORTGAGE CORPORATION | $675,000 | $485,000 | -28.1% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $365,000 | $485,000 | 32.9% | 0.1% |
| SWBC MORTGAGE CORPORATION | $475,000 | n/a | 0.1% | |
| Fifth Third Bank | $525,000 | $460,000 | -12.4% | 0.1% |
| United Bank | $1,170,000 | $460,000 | -60.7% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $1,080,000 | $455,000 | -57.9% | 0.1% |
| United Community Bank | $300,000 | $455,000 | 51.7% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $1,050,000 | $440,000 | -58.1% | 0.1% |
| Magnolia Bank | $1,740,000 | $440,000 | -74.7% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $795,000 | $430,000 | -45.9% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $420,000 | n/a | 0.1% | |
| Pinnacle Bank | $355,000 | $420,000 | 18.3% | 0.1% |
| Enterprise Bank of South Carolina | $215,000 | $415,000 | 93.0% | 0.1% |
| Commerce Home Mortgage, Inc. | $400,000 | n/a | 0.1% | |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $545,000 | $400,000 | -26.6% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $390,000 | n/a | 0.1% | |
| Aurora Financial, LLC | $385,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $1,385,000 | $385,000 | -72.2% | 0.1% |
| Discover Bank | $105,000 | $370,000 | 252.4% | 0.1% |
| S. C. STATE FEDERAL CREDIT UNION | $410,000 | $370,000 | -9.8% | 0.1% |
| Secured Investment Corp. | $355,000 | $365,000 | 2.8% | 0.1% |
| First National Bank of Pennsylvania | $160,000 | $335,000 | 109.4% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $610,000 | $320,000 | -47.5% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $320,000 | n/a | 0.1% | |
| C & F Mortgage Corporation | $175,000 | $315,000 | 80.0% | 0.1% |
| Armed Forces Bank | $1,830,000 | $295,000 | -83.9% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $295,000 | n/a | 0.1% | |
| Mortgage Assurance Inc. | $295,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $215,000 | $295,000 | 37.2% | 0.1% |
| FOUNDERS FEDERAL CREDIT UNION | $330,000 | $290,000 | -12.1% | 0.1% |
| FIDELITY DIRECT MORTGAGE, LLC | $285,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $95,000 | $285,000 | 200.0% | 0.1% |
| The Federal Savings Bank | $1,925,000 | $285,000 | -85.2% | 0.1% |
| Towne Bank | $205,000 | $285,000 | 39.0% | 0.1% |
| Citizens Bank | $805,000 | $280,000 | -65.2% | 0.1% |
| PNC Bank | $740,000 | $280,000 | -62.2% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $115,000 | $275,000 | 139.1% | 0.1% |
| First Savings Bank | $275,000 | n/a | 0.1% | |
| South Atlantic Bank | $275,000 | n/a | 0.1% | |
| UTILITIES EMPLOYEES CREDIT UNION | $275,000 | n/a | 0.1% | |
| First Western Trust Bank | $265,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $405,000 | $260,000 | -35.8% | 0.1% |
| First Reliance Bank | $1,235,000 | $260,000 | -78.9% | 0.1% |
| Neighborhood Loans, Inc. | $255,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $1,125,000 | $255,000 | -77.3% | 0.1% |
| Citadel Servicing Corporation | $245,000 | n/a | 0.1% | |
| MORTGAGEONE, INC. | $245,000 | n/a | 0.1% | |
| FIRST MORTGAGE COMPANY, INC. | $240,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $235,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $450,000 | $235,000 | -47.8% | 0.0% |
| First Bank | $2,755,000 | $235,000 | -91.5% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $85,000 | $230,000 | 170.6% | 0.0% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $225,000 | n/a | 0.0% | |
| MIDLAND MORTGAGE CORPORATION | $1,360,000 | $225,000 | -83.5% | 0.0% |
| NJ LENDERS CORP. | $225,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $220,000 | n/a | 0.0% | |
| DEL-ONE FEDERAL CREDIT UNION | $215,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $65,000 | $210,000 | 223.1% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,215,000 | $195,000 | -84.0% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $105,000 | $190,000 | 81.0% | 0.0% |
| EASTMAN | $185,000 | n/a | 0.0% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| Citibank | $305,000 | $180,000 | -41.0% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $410,000 | $175,000 | -57.3% | 0.0% |
| SUMMIT FUNDING, INC. | $525,000 | $175,000 | -66.7% | 0.0% |
| Boeing Employees Credit Union | $170,000 | n/a | 0.0% | |
| DEVELOPER'S MORTGAGE COMPANY | $170,000 | n/a | 0.0% | |
| FIRST COLONY MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $165,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $880,000 | $165,000 | -81.3% | 0.0% |
| The Huntington National Bank | $165,000 | n/a | 0.0% | |
| Wilmington Savings Fund Society, FSB | $165,000 | n/a | 0.0% | |
| First Community Bank | $195,000 | $160,000 | -17.9% | 0.0% |
| Alcova Mortgage LLC | $280,000 | $155,000 | -44.6% | 0.0% |
| Atlantic Coast Mortgage, LLC | $85,000 | $155,000 | 82.4% | 0.0% |
| CNB Bank | $1,460,000 | $155,000 | -89.4% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $155,000 | n/a | 0.0% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $155,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $615,000 | $150,000 | -75.6% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $505,000 | $145,000 | -71.3% | 0.0% |
| RANLIFE, INC. | $145,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $410,000 | $145,000 | -64.6% | 0.0% |
| Figure Lending LLC | $140,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $135,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $945,000 | $135,000 | -85.7% | 0.0% |
| WesBanco | $135,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $445,000 | $125,000 | -71.9% | 0.0% |
| CALIBER HOME LOANS, INC. | $2,765,000 | $115,000 | -95.8% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $115,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $115,000 | n/a | 0.0% | |
| STOCKTON MORTGAGE CORPORATION | $105,000 | $115,000 | 9.5% | 0.0% |
| Sunflower Bank | $700,000 | $115,000 | -83.6% | 0.0% |
| Arthur State Bank | $105,000 | n/a | 0.0% | |
| TOWER | $105,000 | n/a | 0.0% | |
| Morris Bank | $85,000 | n/a | 0.0% | |
| Ally Bank | $175,000 | $75,000 | -57.1% | 0.0% |
| CONSTRUCTIVE LOANS, LLC | $75,000 | n/a | 0.0% | |
| The Poca Valley Bank, Inc. | $75,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $320,000 | $65,000 | -79.7% | 0.0% |
| STATE EMPLOYEES' | $185,000 | $65,000 | -64.9% | 0.0% |
| Dedicated Community Bank | $55,000 | n/a | 0.0% | |
| Service Federal Credit Union | $585,000 | $55,000 | -90.6% | 0.0% |
SUMTER's top lender by overall market share is SAFE FEDERAL CREDIT UNION, with 7.1% market share. In second place, with 6.8%, is FBC MORTGAGE, LLC, having originated $32,250,000 in loans. In third place, with 5.5%, is Mortgage Research Center, LLC, having originated $26,220,000 in loans. In fourth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $22,700,000 in loans. In fifth place, with 4.2%, is Gateway First Bank, having originated $19,980,000 in loans.
SUMTER Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SUMTER (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 | $159,995 (-0.7%) | $183,810 (-3.3%) | 0.00 | 603 |
| 2018-02-01 | $165,850 (3.7%) | $186,713 (-0.8%) | 0.00 | 588 |
| 2018-03-01 | $163,900 (-0.6%) | $188,786 (0.0%) | 0.00 | 553 |
| 2018-04-01 | $168,000 (0.8%) | $194,416 (1.9%) | 0.00 | 573 |
| 2018-05-01 | $169,650 (2.8%) | $196,130 (2.9%) | 0.00 | 570 |
| 2018-06-01 | $172,000 (4.0%) | $199,104 (4.5%) | 0.00 | 552 |
| 2018-07-01 | $173,825 (4.1%) | $205,484 (8.2%) | 0.00 | 549 |
| 2018-08-01 | $169,900 (3.0%) | $204,259 (8.0%) | 0.00 | 541 |
| 2018-09-01 | $166,928 (1.2%) | $200,399 (7.4%) | 0.00 | 533 |
| 2018-10-01 | $159,900 (-3.1%) | $198,562 (5.5%) | 0.00 | 540 |
| 2018-11-01 | $164,900 (0.0%) | $199,647 (6.6%) | 0.00 | 528 |
| 2018-12-01 | $167,000 (1.4%) | $196,015 (6.8%) | 0.00 | 514 |
| 2019-01-01 | $167,425 (4.6%) | $196,394 (6.9%) | 0.00 | 478 |
| 2019-02-01 | $169,925 (2.5%) | $196,863 (5.4%) | 0.00 | 501 |
| 2019-03-01 | $179,605 (9.6%) | $197,913 (4.8%) | 0.00 | 544 |
| 2019-04-01 | $184,600 (9.9%) | $201,985 (3.9%) | 0.00 | 580 |
| 2019-05-01 | $189,500 (11.7%) | $208,114 (6.1%) | 0.00 | 569 |
| 2019-06-01 | $193,620 (12.6%) | $211,001 (6.0%) | 0.00 | 532 |
| 2019-07-01 | $189,450 (9.0%) | $207,072 (0.8%) | 0.00 | 502 |
| 2019-08-01 | $186,409 (9.7%) | $204,662 (0.2%) | 0.00 | 509 |
| 2019-09-01 | $187,023 (12.0%) | $202,759 (1.2%) | 0.00 | 508 |
| 2019-10-01 | $187,432 (17.2%) | $201,755 (1.6%) | 0.00 | 504 |
| 2019-11-01 | $188,500 (14.3%) | $204,352 (2.4%) | 0.00 | 486 |
| 2019-12-01 | $186,750 (11.8%) | $204,508 (4.3%) | 0.00 | 457 |
| 2020-01-01 | $194,652 (16.3%) | $209,936 (6.9%) | 0.00 | 411 |
| 2020-02-01 | $199,000 (17.1%) | $212,513 (8.0%) | 0.00 | 398 |
| 2020-03-01 | $194,977 (8.6%) | $210,051 (6.1%) | 0.00 | 390 |
| 2020-04-01 | $194,529 (5.4%) | $212,665 (5.3%) | 0.00 | 392 |
| 2020-05-01 | $190,000 (0.3%) | $209,731 (0.8%) | 0.00 | 360 |
| 2020-06-01 | $189,500 (-2.1%) | $209,590 (-0.7%) | 0.00 | 319 |
| 2020-07-01 | $189,500 (0.0%) | $223,987 (8.2%) | 0.00 | 275 |
| 2020-08-01 | $190,450 (2.2%) | $230,373 (12.6%) | 0.00 | 243 |
| 2020-09-01 | $189,750 (1.5%) | $240,752 (18.7%) | 0.00 | 226 |
| 2020-10-01 | $191,400 (2.1%) | $244,572 (21.2%) | 0.00 | 215 |
| 2020-11-01 | $200,547 (6.4%) | $246,144 (20.5%) | 0.00 | 209 |
| 2020-12-01 | $188,250 (0.8%) | $233,015 (13.9%) | 0.00 | 202 |
| 2021-01-01 | $185,000 (-5.0%) | $225,825 (7.6%) | 0.00 | 188 |
| 2021-02-01 | $180,950 (-9.1%) | $221,496 (4.2%) | 0.00 | 186 |
| 2021-03-01 | $184,900 (-5.2%) | $234,719 (11.7%) | 0.00 | 176 |
| 2021-04-01 | $189,700 (-2.5%) | $236,778 (11.3%) | 0.00 | 154 |
| 2021-05-01 | $199,000 (4.7%) | $249,865 (19.1%) | 0.00 | 121 |
| 2021-06-01 | $189,950 (0.2%) | $319,567 (52.5%) | 0.00 | 129 |
| 2021-07-01 | $194,950 (2.9%) | $316,701 (41.4%) | 0.00 | 137 |
| 2021-08-01 | $212,200 (11.4%) | $285,193 (23.8%) | 0.00 | 131 |
| 2021-09-01 | $207,000 (9.1%) | $283,530 (17.8%) | 0.00 | 138 |
| 2021-10-01 | $200,000 (4.5%) | $276,007 (12.9%) | 0.00 | 156 |
| 2021-11-01 | $223,500 (11.5%) | $268,221 (9.0%) | 0.00 | 178 |
| 2021-12-01 | $219,700 (16.7%) | $277,226 (19.0%) | 0.00 | 176 |
| 2022-01-01 | $249,900 (35.1%) | $267,297 (18.4%) | 0.00 | 168 |
| 2022-02-01 | $254,739 (40.8%) | $257,405 (16.2%) | 0.00 | 152 |
| 2022-03-01 | $261,641 (41.5%) | $299,092 (27.4%) | 0.00 | 140 |
| 2022-04-01 | $270,170 (42.4%) | $317,582 (34.1%) | 0.00 | 131 |
| 2022-05-01 | $269,000 (35.2%) | $305,962 (22.5%) | 0.00 | 178 |
| 2022-06-01 | $269,450 (41.9%) | $283,717 (-11.2%) | 0.00 | 228 |
| 2022-07-01 | $279,900 (43.6%) | $292,771 (-7.6%) | 0.00 | 254 |
| 2022-08-01 | $289,700 (36.5%) | $301,875 (5.9%) | 0.00 | 331 |
| 2022-09-01 | $285,163 (37.8%) | $299,225 (5.5%) | 0.00 | 364 |
| 2022-10-01 | $284,563 (42.3%) | $296,899 (7.6%) | 0.00 | 375 |
| 2022-11-01 | $284,111 (27.1%) | $293,014 (9.2%) | 0.00 | 388 |
| 2022-12-01 | $275,000 (25.2%) | $286,972 (3.5%) | 0.00 | 399 |
| 2023-01-01 | $284,573 (13.9%) | $286,727 (7.3%) | 0.00 | 396 |
| 2023-02-01 | $293,249 (15.1%) | $300,482 (16.7%) | 0.00 | 394 |
| 2023-03-01 | $293,105 (12.0%) | $299,633 (0.2%) | 0.00 | 360 |
| 2023-04-01 | $285,000 (5.5%) | $296,911 (-6.5%) | 0.00 | 365 |
| 2023-05-01 | $279,900 (4.1%) | $291,776 (-4.6%) | 0.00 | 338 |
| 2023-06-01 | $282,948 (5.0%) | $302,031 (6.5%) | 0.00 | 348 |
| 2023-07-01 | $285,000 (1.8%) | $308,034 (5.2%) | 0.00 | 331 |
| 2023-08-01 | $285,950 (-1.3%) | $312,511 (3.5%) | 0.00 | 314 |
| 2023-09-01 | $290,000 (1.7%) | $312,036 (4.3%) | 0.00 | 355 |
| 2023-10-01 | $286,225 (0.6%) | $311,290 (4.9%) | 0.00 | 375 |
| 2023-11-01 | $279,900 (-1.5%) | $305,677 (4.3%) | 0.00 | 410 |
| 2023-12-01 | $287,257 (4.5%) | $315,669 (10.0%) | 0.00 | 383 |
| 2024-01-01 | $290,000 (1.9%) | $308,085 (7.5%) | 0.00 | 387 |
| 2024-02-01 | $287,000 (-2.1%) | $305,916 (1.8%) | 0.00 | 388 |
| 2024-03-01 | $298,500 (1.8%) | $315,273 (5.2%) | 0.00 | 366 |
| 2024-04-01 | $296,750 (4.1%) | $324,675 (9.4%) | 0.00 | 335 |
| 2024-05-01 | $287,673 (2.8%) | $317,602 (8.9%) | 0.00 | 346 |
| 2024-06-01 | $269,000 (-4.9%) | $308,286 (2.1%) | 0.00 | 374 |
| 2024-07-01 | $267,573 (-6.1%) | $305,296 (-0.9%) | 0.00 | 379 |
| 2024-08-01 | $276,900 (-3.2%) | $322,157 (3.1%) | 0.00 | 382 |
| 2024-09-01 | $287,350 (-0.9%) | $326,481 (4.6%) | 0.00 | 409 |
| 2024-10-01 | $295,000 (3.1%) | $325,413 (4.5%) | 0.00 | 418 |
SUMTER's median listing price for 2024-10-01 was $295,000, a difference of
$8,775
(3.1%) versus the prior year and
$7,650 versus the prior month.
SUMTER's median listing price comes in at 0% of the national average.
SUMTER's average listing price for 2024-10-01 was $325,413, a difference of $14,123 (4.5%) versus the prior year and $-1,068 versus the prior month.
For the 2024-10-01 period, SUMTER had 418 MLS listings, a difference of 9 listings (2%) versus the prior month and 43 listings (11%) versus the prior year.
SUMTER's median listing price comes in at 0% of the national average.
SUMTER's average listing price for 2024-10-01 was $325,413, a difference of $14,123 (4.5%) versus the prior year and $-1,068 versus the prior month.
For the 2024-10-01 period, SUMTER had 418 MLS listings, a difference of 9 listings (2%) versus the prior month and 43 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SUMTER (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,906 sqft |
| 2018-02-01 | 0 days | 1,910 sqft |
| 2018-03-01 | 0 days | 1,908 sqft |
| 2018-04-01 | 0 days | 1,918 sqft |
| 2018-05-01 | 0 days | 1,929 sqft |
| 2018-06-01 | 0 days | 1,918 sqft |
| 2018-07-01 | 0 days | 1,924 sqft |
| 2018-08-01 | 0 days | 1,915 sqft |
| 2018-09-01 | 0 days | 1,889 sqft |
| 2018-10-01 | 0 days | 1,857 sqft |
| 2018-11-01 | 0 days | 1,900 sqft |
| 2018-12-01 | 0 days | 1,905 sqft |
| 2019-01-01 | 0 days | 1,908 sqft |
| 2019-02-01 | 0 days | 1,910 sqft |
| 2019-03-01 | 0 days | 1,945 sqft |
| 2019-04-01 | 0 days | 1,961 sqft |
| 2019-05-01 | 0 days | 1,990 sqft |
| 2019-06-01 | 0 days | 2,003 sqft |
| 2019-07-01 | 0 days | 1,954 sqft |
| 2019-08-01 | 0 days | 1,942 sqft |
| 2019-09-01 | 0 days | 1,953 sqft |
| 2019-10-01 | 0 days | 1,965 sqft |
| 2019-11-01 | 0 days | 1,992 sqft |
| 2019-12-01 | 0 days | 1,940 sqft |
| 2020-01-01 | 0 days | 1,981 sqft |
| 2020-02-01 | 0 days | 1,959 sqft |
| 2020-03-01 | 0 days | 1,910 sqft |
| 2020-04-01 | 0 days | 1,879 sqft |
| 2020-05-01 | 0 days | 1,877 sqft |
| 2020-06-01 | 0 days | 1,871 sqft |
| 2020-07-01 | 0 days | 1,877 sqft |
| 2020-08-01 | 0 days | 1,921 sqft |
| 2020-09-01 | 0 days | 1,903 sqft |
| 2020-10-01 | 0 days | 1,951 sqft |
| 2020-11-01 | 0 days | 1,984 sqft |
| 2020-12-01 | 0 days | 1,922 sqft |
| 2021-01-01 | 0 days | 1,871 sqft |
| 2021-02-01 | 0 days | 1,862 sqft |
| 2021-03-01 | 0 days | 1,850 sqft |
| 2021-04-01 | 0 days | 1,893 sqft |
| 2021-05-01 | 0 days | 1,968 sqft |
| 2021-06-01 | 0 days | 1,921 sqft |
| 2021-07-01 | 0 days | 1,873 sqft |
| 2021-08-01 | 0 days | 1,967 sqft |
| 2021-09-01 | 0 days | 1,923 sqft |
| 2021-10-01 | 0 days | 1,952 sqft |
| 2021-11-01 | 0 days | 1,942 sqft |
| 2021-12-01 | 0 days | 1,945 sqft |
| 2022-01-01 | 0 days | 1,996 sqft |
| 2022-02-01 | 0 days | 2,035 sqft |
| 2022-03-01 | 0 days | 2,024 sqft |
| 2022-04-01 | 0 days | 2,034 sqft |
| 2022-05-01 | 0 days | 2,048 sqft |
| 2022-06-01 | 0 days | 2,003 sqft |
| 2022-07-01 | 0 days | 2,031 sqft |
| 2022-08-01 | 0 days | 2,068 sqft |
| 2022-09-01 | 0 days | 2,035 sqft |
| 2022-10-01 | 0 days | 2,026 sqft |
| 2022-11-01 | 0 days | 2,026 sqft |
| 2022-12-01 | 0 days | 2,035 sqft |
| 2023-01-01 | 0 days | 2,039 sqft |
| 2023-02-01 | 0 days | 2,086 sqft |
| 2023-03-01 | 0 days | 2,071 sqft |
| 2023-04-01 | 0 days | 2,071 sqft |
| 2023-05-01 | 0 days | 2,008 sqft |
| 2023-06-01 | 0 days | 2,006 sqft |
| 2023-07-01 | 0 days | 2,050 sqft |
| 2023-08-01 | 0 days | 1,977 sqft |
| 2023-09-01 | 0 days | 2,004 sqft |
| 2023-10-01 | 0 days | 1,983 sqft |
| 2023-11-01 | 0 days | 1,936 sqft |
| 2023-12-01 | 0 days | 1,988 sqft |
| 2024-01-01 | 0 days | 2,015 sqft |
| 2024-02-01 | 0 days | 2,019 sqft |
| 2024-03-01 | 0 days | 2,072 sqft |
| 2024-04-01 | 0 days | 2,076 sqft |
| 2024-05-01 | 0 days | 1,931 sqft |
| 2024-06-01 | 0 days | 1,865 sqft |
| 2024-07-01 | 0 days | 1,813 sqft |
| 2024-08-01 | 0 days | 1,875 sqft |
| 2024-09-01 | 0 days | 1,929 sqft |
| 2024-10-01 | 0 days | 1,989 sqft |
SUMTER's median listing age (time on market) for 2024-10-01 was 0 days.
SUMTER's median square footage for active listings during the 2024-10-01 period was 1,989 sqft. One year prior, the average listing was 1,983 sqft.
SUMTER's median square footage for active listings during the 2024-10-01 period was 1,989 sqft. One year prior, the average listing was 1,983 sqft.
SUMTER, SC Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 29001 | Sumter, SC HUD Metro FMR Area | $590 | $630 | $780 | $970 | $1,150 |
| 29040 | Sumter, SC HUD Metro FMR Area | $570 | $690 | $850 | $1,030 | $1,160 |
| 29051 | Sumter, SC HUD Metro FMR Area | $600 | $650 | $840 | $1,020 | $1,200 |
| 29062 | Sumter, SC HUD Metro FMR Area | $620 | $720 | $860 | $1,070 | $1,230 |
| 29080 | Sumter, SC HUD Metro FMR Area | $540 | $640 | $780 | $970 | $1,080 |
| 29102 | Sumter, SC HUD Metro FMR Area | $630 | $640 | $840 | $1,030 | $1,250 |
| 29104 | Sumter, SC HUD Metro FMR Area | $620 | $750 | $920 | $1,120 | $1,260 |
| 29114 | Sumter, SC HUD Metro FMR Area | $750 | $810 | $1,030 | $1,280 | $1,390 |
| 29125 | Sumter, SC HUD Metro FMR Area | $770 | $870 | $1,090 | $1,340 | $1,550 |
| 29128 | Sumter, SC HUD Metro FMR Area | $590 | $690 | $840 | $1,030 | $1,180 |
| 29150 | Sumter, SC HUD Metro FMR Area | $680 | $830 | $1,010 | $1,230 | $1,380 |
| 29151 | Sumter, SC HUD Metro FMR Area | $660 | $800 | $980 | $1,190 | $1,340 |
| 29152 | Sumter, SC HUD Metro FMR Area | $920 | $1,120 | $1,370 | $1,670 | $1,870 |
| 29153 | Sumter, SC HUD Metro FMR Area | $710 | $870 | $1,060 | $1,290 | $1,450 |
| 29154 | Sumter, SC HUD Metro FMR Area | $680 | $830 | $1,010 | $1,230 | $1,380 |
| 29162 | Sumter, SC HUD Metro FMR Area | $620 | $630 | $820 | $1,000 | $1,220 |
| 29168 | Sumter, SC HUD Metro FMR Area | $680 | $830 | $1,010 | $1,230 | $1,380 |
2022 Average & Median Rent Data Statistics
SUMTER, SC average 1BR rent: $765, median: $750
SUMTER, SC average 2BR rent: $946, median: $920
SUMTER, SC average 3BR rent: $1,159, median: $1,120
SUMTER, SC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,680 | $376,030,000 | $223,827 |
| Cash Out Refi | 310 | $49,870,000 | $160,871 |
| Refi | 123 | $27,655,000 | $224,837 |
| Home Improvement | 121 | $8,665,000 | $71,612 |
| Other | 101 | $11,345,000 | $112,327 |
Sumter's most frequently cited loan purpose was Home Purchase, with 1,680 originations. The 2nd most popular reason was Cash Out Refi, with 310 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 870 | $194,360,000 | $223,402 |
| 7-8% | 453 | $86,505,000 | $190,960 |
| 5-6% | 436 | $112,310,000 | $257,592 |
| Over 8% | 281 | $34,235,000 | $121,833 |
| 4-5% | 94 | $23,750,000 | $252,660 |
| <2.5% | 42 | $1,510,000 | $35,952 |
| 3-4% | 14 | $1,940,000 | $138,571 |
| 2.5-3% | 2 | $500,000 | $250,000 |
During 2023, Sumter's most frequently originated rate bucket was 6-7%, with 870 originations.
Loan Sizing (SUMTER, SC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 895 | $238,545,000 | $266,531 |
| $100k-200k | 813 | $122,785,000 | $151,027 |
| $100,000 or less | 526 | $29,150,000 | $55,418 |
| $400k-600k | 77 | $36,435,000 | $473,182 |
| $600k-1000k | 15 | $11,065,000 | $737,667 |
| $Over $1MM | 9 | $35,585,000 | $3,953,889 |
SUMTER's loan sizing saw the bucket of loans from $200k-400k with 895 originations, totaling $238,545,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,224 | $272,280,000 | $222,451 |
| 60-80% | 352 | $85,870,000 | $243,949 |
| Over 100% | 195 | $54,615,000 | $280,077 |
| 40-60% | 148 | $25,690,000 | $173,581 |
| 20-40% | 141 | $11,155,000 | $79,113 |
| Under 20% | 128 | $3,790,000 | $29,609 |
SUMTER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,224 originations, totaling $272,280,000 in origination value.