Batavia Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Batavia averaged 6.88% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

    The average rate for the prior week (2023-11-22) was 6.85% and one month ago for the week of 2023-10-26, the average rate was 7.55%.

    Batavia's average rate one year ago was 6.34%.

    For refis of the same type during the week of 2023-11-30, the average rate was 7.32%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-30 7.22%
    Batavia 30 Year Fixed Rate 2023-11-30 6.88%
    Batavia 30 Year Fixed Rate Refi 2023-11-30 7.32%
    Batavia 15 Year Fixed Rate 2023-11-30 6.46%
    Batavia 15 Year Fixed Rate Refi 2023-11-30 6.86%
    Batavia 30 Year FHA 2023-11-30 6.69%
    Batavia 30 Year FHA Refi 2023-11-30 7.05%
    Batavia 30 Year USDA 2023-11-30 6.9%
    Batavia 30 Year USDA Refi 2023-11-30 6.8%
    Batavia 30 Year VA 2023-11-30 6.77%
    Batavia 30 Year VA Refi 2023-11-30 6.77%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Batavia, NY.

    Batavia 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 Batavia, NY 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Premium Mortgage Corporation 100 5.12% $3,520
    1ST PRIORITY MORTGAGE, INC. 24 5.13% $4,224
    QUICKEN LOANS, LLC 23 5.05% $5,536
    M&T Bank 23 4.85% $4,242
    ESL Federal Credit Union 23 4.88% $3,300
    Genesee Regional Bank 19 5.34% $4,147
    Tompkins Trust Company 19 4.89% $2,919
    PRIMELENDING, A PLAINSCAPITAL COMPANY 19 4.78% $5,015
    KeyBank 17 4.82% $4,012
    HUNT MORTGAGE CORPORATION 17 5.26% $4,968
    Five Star Bank 16 5.43% $3,250
    EVERETT FINANCIAL, INC. 12 5.55% $2,159
    UNITED WHOLESALE MORTGAGE, LLC 10 5.43% $6,668
    Wells Fargo Bank 6 4.31% $3,907
    Bank of America 6 4.29% $1,409
    HOMESTEAD FUNDING CORP. 6 5.33% $3,127
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 5.47% $5,733
    JPMorgan Chase Bank 5 4.90% $2,578
    MOVEMENT MORTGAGE, LLC 5 5.20% $6,312
    Farm Credit East, ACA 5 4.96% $7,840
    HOME TOWN FUNDING, INC. 5 5.03% $3,010
    LOANDEPOT.COM, LLC 5 4.92% $4,493
    NAVY FEDERAL CREDIT UNION 4 5.66% $2,443
    The Lyons National Bank 4 4.03% $8,640
    Mr. Cooper ( Nationstar Mortgage ) 4 4.78% $5,786
    CROSSCOUNTRY MORTGAGE, LLC 4 5.22% $5,083
    HOME POINT FINANCIAL CORPORATION 3 4.62% $3,545
    PLAZA HOME MORTGAGE, INC. 3 5.17% $7,512
    Northwest Bank 3 4.71% $4,516
    Evans Bank 3 5.83% $2,807
    CALIBER HOME LOANS, INC. 3 4.43% $5,308
    CNB Bank 2 3.00% $6,303
    ROYAL UNITED MORTGAGE LLC 2 6.00% $5,291
    THE SUMMIT Federal Credit Union 2 5.38% $2,333
    FAMILY FIRST OF NY 2 4.50% $3,415
    Citizens Bank 2 3.56% $7,830
    FINANCE OF AMERICA MORTGAGE LLC 1 5.99% $4,915
    Morgan Stanley Private Bank 1 4.80% $5,071
    PENNYMAC LOAN SERVICES, LLC 1 6.88% $6,790
    Community Bank 1 5.38% $2,483
    RELIANCE FIRST CAPITAL, LLC 1 6.63% $5,481
    TD Bank 1 5.88% $5,604
    Citibank 1 4.50% $4,347
    Truist 1 5.99% $5,011
    CARDINAL FINANCIAL 1 3.63% $10,235
    USAA Federal Savings Bank 1 4.50% $12,175
    Valley National Bank 1 3.25% $3,042
    First Home Bank 1 5.00% $3,859

    Batavia Average Closing Costs & Other Stats

    Batavia, NY's 48 lenders originated 1,219 loans during 2022. The total origination value was $170,155,000, with an average loan value of $139,586.

    Batavia's average closing costs are $4,311.

    The top Batavia lender as defined by loan originations is Premium Mortgage Corporation, with 100 loans originated. Their average total fees are $3,520, which is $704 lower than the next largest lender, 1ST PRIORITY MORTGAGE, INC..

    The lowest fee Batavia lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($2,159), Tompkins Trust Company ($2,919), Five Star Bank ($3,250), ESL Federal Credit Union ($3,300) and Premium Mortgage Corporation ($3,520).

    The lowest rate Batavia lenders (with over 10 loans originated) are PRIMELENDING, A PLAINSCAPITAL COMPANY (4.78%), KeyBank (4.82%), M&T Bank (4.85%), ESL Federal Credit Union (4.88%) and Tompkins Trust Company (4.89%).

    Batavia, NY 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    Premium Mortgage Corporation $29,635,000 $26,045,000 -12.1% 15.3%
    ESL Federal Credit Union $18,770,000 $15,910,000 -15.2% 9.4%
    QUICKEN LOANS, LLC $21,905,000 $12,140,000 -44.6% 7.1%
    M&T Bank $15,440,000 $10,915,000 -29.3% 6.4%
    KeyBank $10,250,000 $7,945,000 -22.5% 4.7%
    The Canandaigua National Bank and Trust Company $1,150,000 $6,860,000 496.5% 4.0%
    Tompkins Trust Company $5,885,000 n/a 3.5%
    Five Star Bank $7,020,000 $5,735,000 -18.3% 3.4%
    1ST PRIORITY MORTGAGE, INC. $4,380,000 $5,595,000 27.7% 3.3%
    Alden State Bank $2,655,000 $5,405,000 103.6% 3.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $6,545,000 $5,330,000 -18.6% 3.1%
    HUNT MORTGAGE CORPORATION $4,070,000 $5,175,000 27.1% 3.0%
    Genesee Regional Bank $3,695,000 $4,475,000 21.1% 2.6%
    EVERETT FINANCIAL, INC. $575,000 $3,130,000 444.3% 1.8%
    HOME TOWN FUNDING, INC. $2,055,000 $2,915,000 41.8% 1.7%
    MOVEMENT MORTGAGE, LLC $5,035,000 $2,825,000 -43.9% 1.7%
    UNITED WHOLESALE MORTGAGE, LLC $3,030,000 $2,810,000 -7.3% 1.7%
    Bank of America $1,355,000 $2,110,000 55.7% 1.2%
    Citizens Bank $2,000,000 $1,895,000 -5.3% 1.1%
    Mortgage Research Center, LLC $585,000 $1,740,000 197.4% 1.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,900,000 $1,705,000 -10.3% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $3,760,000 $1,625,000 -56.8% 1.0%
    Farm Credit East, ACA $2,185,000 $1,575,000 -27.9% 0.9%
    HOMESTEAD FUNDING CORP. $2,280,000 $1,540,000 -32.5% 0.9%
    CNB Bank $1,170,000 $1,535,000 31.2% 0.9%
    Northwest Bank $2,625,000 $1,390,000 -47.0% 0.8%
    LOANDEPOT.COM, LLC $1,105,000 $1,335,000 20.8% 0.8%
    The Lyons National Bank $440,000 $1,335,000 203.4% 0.8%
    Wells Fargo Bank $3,035,000 $1,315,000 -56.7% 0.8%
    CROSSCOUNTRY MORTGAGE, LLC $775,000 $1,305,000 68.4% 0.8%
    NAVY FEDERAL CREDIT UNION $680,000 $1,290,000 89.7% 0.8%
    HOME POINT FINANCIAL CORPORATION $1,165,000 $965,000 -17.2% 0.6%
    CALIBER HOME LOANS, INC. $1,195,000 $955,000 -20.1% 0.6%
    THE SUMMIT Federal Credit Union $430,000 $895,000 108.1% 0.5%
    PLAZA HOME MORTGAGE, INC. $1,045,000 $855,000 -18.2% 0.5%
    Evans Bank $420,000 $805,000 91.7% 0.5%
    FINANCE OF AMERICA MORTGAGE LLC $550,000 $795,000 44.5% 0.5%
    JPMorgan Chase Bank $885,000 $710,000 -19.8% 0.4%
    FAMILY FIRST OF NY $545,000 $685,000 25.7% 0.4%
    21ST MORTGAGE CORPORATION $275,000 $605,000 120.0% 0.4%
    Lake Shore Savings Bank $620,000 $595,000 -4.0% 0.3%
    Advantage Federal Credit Union $145,000 $590,000 306.9% 0.3%
    Community Bank $780,000 $580,000 -25.6% 0.3%
    ROYAL UNITED MORTGAGE LLC $245,000 $545,000 122.4% 0.3%
    Western Division FCU $510,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $800,000 $500,000 -37.5% 0.3%
    Flagstar Bank, FSB $45,000 $495,000 1,000.0% 0.3%
    FREEDOM MORTGAGE CORPORATION $815,000 $455,000 -44.2% 0.3%
    Bank of Holland $405,000 $440,000 8.6% 0.3%
    USAA Federal Savings Bank $255,000 $440,000 72.5% 0.3%
    NIAGARA'S CHOICE $430,000 n/a 0.3%
    PNC Bank $420,000 n/a 0.2%
    RELIANCE FIRST CAPITAL, LLC $605,000 $415,000 -31.4% 0.2%
    PREMIA MORTGAGE, LLC $405,000 n/a 0.2%
    Northpointe Bank $385,000 n/a 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $360,000 n/a 0.2%
    State Department Federal Credit Union $275,000 n/a 0.2%
    PARAGON HOME LOANS INC. $380,000 $270,000 -28.9% 0.2%
    First Federal Bank $265,000 n/a 0.2%
    NATIONWIDE MORTGAGE BANKERS, INC. $235,000 n/a 0.1%
    TD Bank $235,000 n/a 0.1%
    Morgan Stanley Private Bank $225,000 n/a 0.1%
    The Federal Savings Bank $185,000 n/a 0.1%
    First Home Bank $175,000 n/a 0.1%
    GENESEE VALLEY $495,000 $170,000 -65.7% 0.1%
    Equity Prime Mortgage LLC $165,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $230,000 $160,000 -30.4% 0.1%
    GUARANTEED RATE, INC. $195,000 $155,000 -20.5% 0.1%
    STATE EMPLOYEES FEDERAL CREDIT UNION $145,000 $155,000 6.9% 0.1%
    SEFCU SERVICES, LLC $140,000 n/a 0.1%
    ALLIED MORTGAGE GROUP, INC. $135,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $130,000 n/a 0.1%
    Valley National Bank $130,000 n/a 0.1%
    Pittsford Federal Credit Union $225,000 $125,000 -44.4% 0.1%
    Carrington Mortgage Services, LLC $105,000 $115,000 9.5% 0.1%
    Citibank $190,000 $115,000 -39.5% 0.1%
    PENNYMAC LOAN SERVICES, LLC $115,000 n/a 0.1%
    U.S. Bank $780,000 $115,000 -85.3% 0.1%
    ALLIANT CREDIT UNION $105,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $340,000 $105,000 -69.1% 0.1%
    Cornerstone Community Federal Credit Union $105,000 n/a 0.1%
    Pinnacle Bank $85,000 n/a 0.0%
    Truist $75,000 n/a 0.0%
    St Joseph's Parish Buffalo Federal Credit Union $195,000 $65,000 -66.7% 0.0%
    FIRST CREDIT CORPORATION OF NEW YORK, INC. $45,000 $55,000 22.2% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $130,000 $45,000 -65.4% 0.0%
    Empower Federal Credit Union $25,000 $35,000 40.0% 0.0%
    ONTARIO SHORES $745,000 $35,000 -95.3% 0.0%

    Batavia's top lender by overall market share is Premium Mortgage Corporation, with 15.3% market share. In second place, with 9.4%, is ESL Federal Credit Union, having originated $15,910,000 in loans. In third place, with 7.1%, is QUICKEN LOANS, LLC, having originated $12,140,000 in loans. In fourth place, with 6.4%, is M&T Bank, having originated $10,915,000 in loans. In fifth place, with 4.7%, is KeyBank, having originated $7,945,000 in loans.

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

    Realtor.com - Batavia (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 $102,425 (-5.8%) $122,233 (-8.5%) 0.00 119
    2018-02-01 $101,450 (-9.7%) $124,056 (-7.5%) 0.00 105
    2018-03-01 $110,950 (-2.4%) $132,042 (-3.8%) 0.00 88
    2018-04-01 $113,675 (3.3%) $131,989 (-2.4%) 0.00 88
    2018-05-01 $116,175 (-6.6%) $136,743 (-1.6%) 0.00 94
    2018-06-01 $114,900 (-8.4%) $138,754 (-4.7%) 0.00 106
    2018-07-01 $114,900 (-8.0%) $139,508 (-7.4%) 0.00 121
    2018-08-01 $119,000 (-0.1%) $144,011 (0.0%) 0.00 137
    2018-09-01 $119,900 (4.4%) $148,054 (4.4%) 0.00 127
    2018-10-01 $113,900 (-0.4%) $141,416 (2.7%) 0.00 110
    2018-11-01 $102,450 (-10.3%) $140,188 (3.2%) 0.00 94
    2018-12-01 $102,500 (-10.8%) $140,960 (4.6%) 0.00 74
    2019-01-01 $97,225 (-5.1%) $135,698 (11.0%) 0.00 74
    2019-02-01 $98,225 (-3.2%) $127,905 (3.1%) 0.00 79
    2019-03-01 $103,171 (-7.0%) $137,004 (3.8%) 0.00 73
    2019-04-01 $113,650 (0.0%) $149,072 (12.9%) 0.00 65
    2019-05-01 $141,725 (22.0%) $164,156 (20.1%) 0.00 72
    2019-06-01 $154,900 (34.8%) $186,613 (34.5%) 0.00 67
    2019-07-01 $167,400 (45.7%) $210,172 (50.7%) 0.00 71
    2019-08-01 $162,627 (36.7%) $199,858 (38.8%) 0.00 88
    2019-09-01 $166,718 (39.1%) $198,281 (33.9%) 0.00 96
    2019-10-01 $169,445 (48.8%) $196,267 (38.8%) 0.00 102
    2019-11-01 $157,000 (53.3%) $191,813 (36.8%) 0.00 89
    2019-12-01 $142,950 (39.5%) $177,219 (25.7%) 0.00 74
    2020-01-01 $149,150 (53.4%) $182,930 (34.8%) 0.00 69
    2020-02-01 $139,900 (42.4%) $183,007 (43.1%) 0.00 66
    2020-03-01 $149,900 (45.3%) $198,431 (44.8%) 0.00 55
    2020-04-01 $149,900 (31.9%) $204,160 (37.0%) 0.00 49
    2020-05-01 $149,900 (5.8%) $209,324 (27.5%) 0.00 45
    2020-06-01 $162,200 (4.7%) $204,630 (9.7%) 0.00 55
    2020-07-01 $185,975 (11.1%) $217,130 (3.3%) 0.00 52
    2020-08-01 $179,950 (10.7%) $211,078 (5.6%) 0.00 57
    2020-09-01 $154,900 (-7.1%) $186,409 (-6.0%) 0.00 63
    2020-10-01 $149,900 (-11.5%) $186,557 (-5.0%) 0.00 68
    2020-11-01 $153,675 (-2.1%) $192,455 (0.3%) 0.00 52
    2020-12-01 $142,725 (-0.2%) $180,909 (2.1%) 0.00 38
    2021-01-01 $142,000 (-4.8%) $169,597 (-7.3%) 0.00 30
    2021-02-01 $147,450 (5.4%) $185,210 (1.2%) 0.00 33
    2021-03-01 $143,650 (-4.2%) $192,128 (-3.2%) 0.00 33
    2021-04-01 $146,175 (-2.5%) $173,083 (-15.2%) 0.00 25
    2021-05-01 $174,900 (16.7%) $207,904 (-0.7%) 0.00 33
    2021-06-01 $177,450 (9.4%) $219,168 (7.1%) 0.00 51
    2021-07-01 $179,900 (-3.3%) $225,733 (4.0%) 0.00 57
    2021-08-01 $179,800 (-0.1%) $228,290 (8.2%) 0.00 64
    2021-09-01 $169,900 (9.7%) $216,685 (16.2%) 0.00 58
    2021-10-01 $171,999 (14.7%) $237,978 (27.6%) 0.00 57
    2021-11-01 $179,700 (16.9%) $229,255 (19.1%) 0.00 46
    2021-12-01 $186,225 (30.5%) $256,879 (42.0%) 0.00 31
    2022-01-01 $179,900 (26.7%) $253,337 (49.4%) 0.00 26
    2022-02-01 $172,450 (17.0%) $241,658 (30.5%) 0.00 28
    2022-03-01 $171,200 (19.2%) $250,402 (30.3%) 0.00 26
    2022-04-01 $174,900 (19.7%) $229,562 (32.6%) 0.00 26
    2022-05-01 $173,650 (-0.7%) $225,975 (8.7%) 0.00 37
    2022-06-01 $193,425 (9.0%) $256,746 (17.2%) 0.00 43
    2022-07-01 $199,900 (11.1%) $264,329 (17.1%) 0.00 54
    2022-08-01 $174,675 (-2.9%) $240,580 (5.4%) 0.00 56
    2022-09-01 $183,675 (8.1%) $233,581 (7.8%) 0.00 62
    2022-10-01 $174,900 (1.7%) $222,266 (-6.6%) 0.00 59
    2022-11-01 $182,175 (1.4%) $226,922 (-1.0%) 0.00 48
    2022-12-01 $174,950 (-6.1%) $199,244 (-22.4%) 0.00 34
    2023-01-01 $177,400 (-1.4%) $201,208 (-20.6%) 0.00 28
    2023-02-01 $135,125 (-21.6%) $186,443 (-22.9%) 0.00 23
    2023-03-01 $157,450 (-8.0%) $215,522 (-13.9%) 0.00 29
    2023-04-01 $199,900 (14.3%) $234,107 (2.0%) 0.00 21
    2023-05-01 $186,725 (7.5%) $233,973 (3.5%) 0.00 30
    2023-06-01 $176,150 (-8.9%) $241,389 (-6.0%) 0.00 41
    2023-07-01 $224,500 (12.3%) $280,404 (6.1%) 0.00 43
    2023-08-01 $204,900 (17.3%) $266,809 (10.9%) 0.00 49
    2023-09-01 $199,900 (8.8%) $256,362 (9.8%) 0.00 51
    2023-10-01 $194,925 (11.5%) $249,296 (12.2%) 0.00 50
    2023-11-01 $179,450 (-1.5%) $218,875 (-3.6%) 0.00 43
    Batavia's median listing price for 2023-11-01 was $179,450, a difference of $-2,725 (-1.5%) versus the prior year and $-15,475 versus the prior month.

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

    Batavia's average listing price for 2023-11-01 was $218,875, a difference of $-8,047 (-3.6%) versus the prior year and $-30,421 versus the prior month.

    For the 2023-11-01 period, Batavia had 43 MLS listings, a difference of -7 listings (-14%) versus the prior month and -5 listings (-10%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Batavia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,530 sqft
    2018-02-01 0 days 1,492 sqft
    2018-03-01 0 days 1,466 sqft
    2018-04-01 0 days 1,455 sqft
    2018-05-01 0 days 1,529 sqft
    2018-06-01 0 days 1,553 sqft
    2018-07-01 0 days 1,536 sqft
    2018-08-01 0 days 1,626 sqft
    2018-09-01 0 days 1,700 sqft
    2018-10-01 0 days 1,609 sqft
    2018-11-01 0 days 1,568 sqft
    2018-12-01 0 days 1,551 sqft
    2019-01-01 0 days 1,542 sqft
    2019-02-01 0 days 1,524 sqft
    2019-03-01 0 days 1,521 sqft
    2019-04-01 0 days 1,544 sqft
    2019-05-01 0 days 1,654 sqft
    2019-06-01 0 days 1,719 sqft
    2019-07-01 0 days 1,745 sqft
    2019-08-01 0 days 1,720 sqft
    2019-09-01 0 days 1,725 sqft
    2019-10-01 0 days 1,727 sqft
    2019-11-01 0 days 1,690 sqft
    2019-12-01 0 days 1,673 sqft
    2020-01-01 0 days 1,671 sqft
    2020-02-01 0 days 1,673 sqft
    2020-03-01 0 days 1,756 sqft
    2020-04-01 0 days 1,718 sqft
    2020-05-01 0 days 1,688 sqft
    2020-06-01 0 days 1,688 sqft
    2020-07-01 0 days 1,650 sqft
    2020-08-01 0 days 1,709 sqft
    2020-09-01 0 days 1,657 sqft
    2020-10-01 0 days 1,568 sqft
    2020-11-01 0 days 1,617 sqft
    2020-12-01 0 days 1,534 sqft
    2021-01-01 0 days 1,496 sqft
    2021-02-01 0 days 1,623 sqft
    2021-03-01 0 days 1,556 sqft
    2021-04-01 0 days 1,440 sqft
    2021-05-01 0 days 1,660 sqft
    2021-06-01 0 days 1,556 sqft
    2021-07-01 0 days 1,740 sqft
    2021-08-01 0 days 1,547 sqft
    2021-09-01 0 days 1,611 sqft
    2021-10-01 0 days 1,716 sqft
    2021-11-01 0 days 1,726 sqft
    2021-12-01 0 days 1,691 sqft
    2022-01-01 0 days 1,648 sqft
    2022-02-01 0 days 1,605 sqft
    2022-03-01 0 days 1,660 sqft
    2022-04-01 0 days 1,664 sqft
    2022-05-01 0 days 1,584 sqft
    2022-06-01 0 days 1,663 sqft
    2022-07-01 0 days 1,602 sqft
    2022-08-01 0 days 1,583 sqft
    2022-09-01 0 days 1,532 sqft
    2022-10-01 0 days 1,596 sqft
    2022-11-01 0 days 1,653 sqft
    2022-12-01 0 days 1,607 sqft
    2023-01-01 0 days 1,520 sqft
    2023-02-01 0 days 1,388 sqft
    2023-03-01 0 days 1,506 sqft
    2023-04-01 0 days 1,605 sqft
    2023-05-01 0 days 1,510 sqft
    2023-06-01 0 days 1,563 sqft
    2023-07-01 0 days 1,807 sqft
    2023-08-01 0 days 1,608 sqft
    2023-09-01 0 days 1,592 sqft
    2023-10-01 0 days 1,558 sqft
    2023-11-01 0 days 1,499 sqft
    Batavia's median listing age (time on market) for 2023-11-01 was 0 days.

    Batavia's median square footage for active listings during the 2023-11-01 period was 1,499 sqft. One year prior, the average listing was 1,653 sqft.

    Batavia, NY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 609 $103,985,000 $170,747
    Home Improvement 166 $10,460,000 $63,012
    Cash Out Refi 165 $29,235,000 $177,182
    Refi 159 $17,875,000 $112,421
    Other 120 $8,600,000 $71,667

    Batavia's most frequently cited loan purpose was Home Purchase, with 609 originations. The 2nd most popular reason was Home Improvement, with 166 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 329 $48,535,000 $147,523
    3-4% 274 $37,550,000 $137,044
    4-5% 218 $37,840,000 $173,578
    6-7% 128 $17,050,000 $133,203
    <2.5% 80 $5,820,000 $72,750
    2.5-3% 67 $9,575,000 $142,910
    7-8% 46 $4,790,000 $104,130
    Over 8% 15 $825,000 $55,000

    During 2022, Batavia's most frequently originated rate bucket was 5-6%, with 329 originations.

    Loan Sizing (Batavia, NY MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 560 $78,870,000 $140,839
    $100,000 or less 443 $24,895,000 $56,196
    $200k-400k 198 $50,840,000 $256,768
    $400k-600k 13 $5,805,000 $446,538
    $600k-1000k 3 $1,935,000 $645,000
    $Over $1MM 2 $7,810,000 $3,905,000

    Batavia's loan sizing saw the bucket of loans from $100k-200k with 560 originations, totaling $78,870,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 505 $88,645,000 $175,535
    60-80% 259 $45,825,000 $176,931
    20-40% 136 $9,180,000 $67,500
    40-60% 126 $12,960,000 $102,857
    Under 20% 126 $3,730,000 $29,603
    Over 100% 7 $1,435,000 $205,000

    Batavia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 505 originations, totaling $88,645,000 in origination value.