Bay City 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 Bay City averaged 7.09% 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 7% and one month ago for the week of 2024-10-10, the average rate was 6.63%.

    Bay City's average rate one year ago was 7.41%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.68%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Bay City 30 Year Fixed Rate 2024-11-14 7.09%
    Bay City 30 Year Fixed Rate Refi 2024-11-14 6.68%
    Bay City 15 Year Fixed Rate 2024-11-14 5.89%
    Bay City 15 Year Fixed Rate Refi 2024-11-14 6.09%
    Bay City 30 Year FHA 2024-11-14 0.1%
    Bay City 30 Year FHA Refi 2024-11-14 -0.2%
    Bay City 30 Year USDA 2024-11-14 0.2%
    Bay City 30 Year USDA Refi 2024-11-14 -0.1%
    Bay City 30 Year VA 2024-11-14 0%
    Bay City 30 Year VA Refi 2024-11-14 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bay City, TX.

    Bay City 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 Bay City, TX 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
    Gateway First Bank 21 7.08% $5,562
    QUICKEN LOANS, LLC 17 7.29% $7,243
    TEXAS DOW EMPLOYEES CREDIT UNION 16 7.44% $4,661
    UNITED WHOLESALE MORTGAGE, LLC 8 7.00% $8,792
    Prosperity Bank 7 6.21% $4,158
    Flagstar Bank, FSB 6 6.88% $7,878
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 7.00% $9,692
    INSPIRE HOME LOANS INC. 6 6.00% $4,649
    Wells Fargo Bank 5 7.08% $6,126
    JPMorgan Chase Bank 4 7.19% $6,037
    AMCAP MORTGAGE, LTD. 4 6.40% $6,404
    Network Funding, L.P. 4 7.13% $7,696
    EUSTIS AND AMERICAN MORTGAGE COMPANY 3 6.62% $12,292
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.63% $4,832
    MEMBER HOME LOAN, L.L.C. 3 7.21% $7,771
    Mr. Cooper ( Nationstar Mortgage ) 3 6.54% $7,565
    LOANDEPOT.COM, LLC 2 7.38% $6,209
    NexBank 2 7.63% $9,277
    FIRST SERVICE Credit Union 2 6.48% $3,605
    First United Bank and Trust Company 1 7.38% $8,904
    GUARANTEED RATE AFFINITY, LLC 1 7.63% $13,277
    GUILD MORTGAGE COMPANY 1 6.50% $10,623
    Hancock Whitney Bank 1 6.50% $5,945
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.50% $6,139
    INTERLINC MORTGAGE SERVICES, LLC 1 6.62% $5,157
    Metro City Bank 1 7.25% $5,342
    Mortgage Research Center, LLC 1 7.38% $12,242
    NATIONS RELIABLE LENDING, LLC 1 6.63% $11,878
    NBKC BANK 1 6.38% $2,572
    PENNYMAC LOAN SERVICES, LLC 1 6.62% $8,820
    PLAZA HOME MORTGAGE, INC. 1 7.50% $15,637
    PNC Bank 1 6.25% $5,339
    PREMIA MORTGAGE, LLC 1 5.99% $2,721
    S1L, Inc. 1 6.50% $4,664
    SUMMIT FUNDING, INC. 1 6.50% $12,552
    THE EQUITABLE MORTGAGE CORPORATION 1 6.63% $3,552
    The Huntington National Bank 1 6.88% $8,592
    The Loan Store, Inc. 1 6.88% $4,330
    United Fidelity Funding Corp. 1 7.25% $6,041
    USAA Federal Savings Bank 1 6.50% $6,641
    U.S. Bank 1 5.88% $678
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.75% $4,456
    Veritex Community Bank 1 6.00% $7,672
    Wallick & Volk, Inc. 1 7.00% $4,047
    21ST MORTGAGE CORPORATION 1 8.22% $7,371
    ZILLOW HOME LOANS, LLC 1 7.63% $3,788
    ACADEMY MORTGAGE CORPORATION 1 6.88% $4,707
    AMERISAVE MORTGAGE CORPORATION 1 7.38% $4,126
    AMOCO 1 5.50% $5,034
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.37% $5,897
    Arvest Bank 1 7.50% $4,303
    ASPIRE FINANCIAL, INC. 1 6.49% $5,985
    BancorpSouth 1 7.50% $9,542
    Bank of America 1 6.88% $4,856
    BROKER SOLUTIONS, INC. 1 6.75% $9,352
    Century Mortgage Company DBA Century Lending Company 1 7.13% $5,087
    Citizens Bank 1 7.63% $3,186
    CMG MORTGAGE, INC. 1 6.25% $6,896
    CROSSCOUNTRY MORTGAGE, LLC 1 6.38% $5,345
    Discover Bank 1 6.74% $0
    EVERETT FINANCIAL, INC. 1 8.13% $5,217
    FIRST COMMUNITY CREDIT UNION 1 6.63% $4,622
    First Financial Bank 1 7.20% $3,864
    First Savings Bank 1 6.75% $5,294

    Bay City Average Closing Costs & Other Stats

    Bay City, TX's 64 lenders originated 397 loans during 2023. The total origination value was $92,295,000, with an average loan value of $232,481.

    Bay City's average closing costs are $5,896.

    The top Bay City lender as defined by loan originations is Gateway First Bank, with 21 loans originated. Their average total fees are $5,562, which is $1,681 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Bay City lenders (with over 10 loans originated) are TEXAS DOW EMPLOYEES CREDIT UNION ($4,661), Gateway First Bank ($5,562), QUICKEN LOANS, LLC ($7,243), .

    The lowest rate Bay City lenders (with over 10 loans originated) are Gateway First Bank (7.08%), QUICKEN LOANS, LLC (7.29%), TEXAS DOW EMPLOYEES CREDIT UNION (7.44%), .

    Bay City, TX 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
    Farmers Bank & Trust Company $11,755,000 n/a 12.7%
    Gateway First Bank $17,270,000 $8,420,000 -51.2% 9.1%
    Prosperity Bank $11,920,000 $5,355,000 -55.1% 5.8%
    QUICKEN LOANS, LLC $4,280,000 $4,765,000 11.3% 5.2%
    TEXAS DOW EMPLOYEES CREDIT UNION $5,470,000 $3,710,000 -32.2% 4.0%
    Mortgage Research Center, LLC $3,155,000 $3,615,000 14.6% 3.9%
    UNITED WHOLESALE MORTGAGE, LLC $1,960,000 $2,825,000 44.1% 3.1%
    INSPIRE HOME LOANS INC. $490,000 $2,530,000 416.3% 2.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,780,000 $2,465,000 -11.3% 2.7%
    FIRST STATE BANK $1,815,000 n/a 2.0%
    21ST MORTGAGE CORPORATION $955,000 $1,725,000 80.6% 1.9%
    First Financial Bank $900,000 $1,420,000 57.8% 1.5%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $990,000 $1,220,000 23.2% 1.3%
    Flagstar Bank, FSB $1,005,000 $1,100,000 9.5% 1.2%
    Network Funding, L.P. $1,415,000 $1,095,000 -22.6% 1.2%
    AMCAP MORTGAGE, LTD. $2,035,000 $1,090,000 -46.4% 1.2%
    PNC Bank $1,080,000 n/a 1.2%
    Citizens State Bank $305,000 $975,000 219.7% 1.1%
    Wells Fargo Bank $765,000 $950,000 24.2% 1.0%
    Newfirst National Bank $915,000 n/a 1.0%
    JPMorgan Chase Bank $440,000 $880,000 100.0% 1.0%
    NAVY FEDERAL CREDIT UNION $1,005,000 $840,000 -16.4% 0.9%
    MEMBER HOME LOAN, L.L.C. $780,000 $805,000 3.2% 0.9%
    LOANDEPOT.COM, LLC $1,255,000 $795,000 -36.7% 0.9%
    SOUTHWEST STAGE FUNDING, LLC $230,000 $795,000 245.7% 0.9%
    SECURITYNATIONAL MORTGAGE COMPANY $445,000 $765,000 71.9% 0.8%
    EVERETT FINANCIAL, INC. $355,000 $710,000 100.0% 0.8%
    AMERICAN PACIFIC MORTGAGE CORPORATION $255,000 $695,000 172.5% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $1,485,000 $685,000 -53.9% 0.7%
    BancorpSouth $670,000 n/a 0.7%
    COUNTRYPLACE MORTGAGE, LTD. $690,000 $650,000 -5.8% 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $510,000 $615,000 20.6% 0.7%
    MID AMERICA MORTGAGE, INC. $610,000 n/a 0.7%
    GUILD MORTGAGE COMPANY $830,000 $600,000 -27.7% 0.7%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $950,000 $575,000 -39.5% 0.6%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $555,000 n/a 0.6%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $550,000 n/a 0.6%
    FIRST SERVICE Credit Union $910,000 $545,000 -40.1% 0.6%
    Zions Bank $1,810,000 $545,000 -69.9% 0.6%
    Equity Prime Mortgage LLC $540,000 n/a 0.6%
    GUARANTEED RATE AFFINITY, LLC $315,000 $540,000 71.4% 0.6%
    Sunflower Bank $535,000 n/a 0.6%
    First Commercial Bank $495,000 n/a 0.5%
    AMERISAVE MORTGAGE CORPORATION $615,000 $460,000 -25.2% 0.5%
    The First National Bank of McGregor $455,000 n/a 0.5%
    CHURCHILL MORTGAGE CORPORATION $440,000 n/a 0.5%
    GARDNER FINANCIAL SERVICES, LTD. $425,000 n/a 0.5%
    Liberty National Bank $425,000 n/a 0.5%
    Secured Investment Corp. $305,000 $415,000 36.1% 0.4%
    SUN WEST MORTGAGE COMPANY, INC. $85,000 $415,000 388.2% 0.4%
    First State Bank $405,000 n/a 0.4%
    Hancock Whitney Bank $405,000 n/a 0.4%
    CMG MORTGAGE, INC. $825,000 $395,000 -52.1% 0.4%
    USAA Federal Savings Bank $1,685,000 $395,000 -76.6% 0.4%
    NATIONS RELIABLE LENDING, LLC $625,000 $390,000 -37.6% 0.4%
    NexBank $380,000 n/a 0.4%
    BETTER MORTGAGE CORPORATION $255,000 $375,000 47.1% 0.4%
    PLAZA HOME MORTGAGE, INC. $370,000 n/a 0.4%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $365,000 n/a 0.4%
    Guaranty Bank & Trust, N.A. $365,000 n/a 0.4%
    PLANET HOME LENDING, LLC $365,000 n/a 0.4%
    The Huntington National Bank $355,000 n/a 0.4%
    ASPIRE FINANCIAL, INC. $115,000 $345,000 200.0% 0.4%
    RANDOLPH-BROOKS $410,000 $320,000 -22.0% 0.3%
    TRIAD FINANCIAL SERVICES, INC. $95,000 $320,000 236.8% 0.3%
    First United Bank and Trust Company $355,000 $315,000 -11.3% 0.3%
    Ameris Bank $305,000 n/a 0.3%
    DIRECTIONS EQUITY, LLC $305,000 n/a 0.3%
    GUARANTEED RATE, INC. $75,000 $290,000 286.7% 0.3%
    NBKC BANK $575,000 $285,000 -50.4% 0.3%
    S1L, Inc. $255,000 $275,000 7.8% 0.3%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $745,000 $265,000 -64.4% 0.3%
    SUMMIT FUNDING, INC. $265,000 n/a 0.3%
    First Savings Bank $115,000 $260,000 126.1% 0.3%
    PENNYMAC LOAN SERVICES, LLC $285,000 $245,000 -14.0% 0.3%
    U.S. Bank $245,000 n/a 0.3%
    Community First Bank $235,000 n/a 0.3%
    Nations Lending Corporation $235,000 n/a 0.3%
    Veritex Community Bank $235,000 n/a 0.3%
    Bank of America $665,000 $230,000 -65.4% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $380,000 $225,000 -40.8% 0.2%
    Wallick & Volk, Inc. $225,000 n/a 0.2%
    ACADEMY MORTGAGE CORPORATION $385,000 $205,000 -46.8% 0.2%
    Arvest Bank $205,000 n/a 0.2%
    First Bank $205,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $200,000 n/a 0.2%
    FIRST COMMUNITY CREDIT UNION $680,000 $195,000 -71.3% 0.2%
    Houston Federal Credit Union $195,000 n/a 0.2%
    United Fidelity Funding Corp. $195,000 n/a 0.2%
    WESTSTAR MORTGAGE CORPORATION $195,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $185,000 n/a 0.2%
    CREDIT HUMAN FEDERAL CREDIT UNION $165,000 n/a 0.2%
    VELOCITY COMMERCIAL CAPITAL, LLC $165,000 n/a 0.2%
    AMOCO $155,000 n/a 0.2%
    Metro City Bank $155,000 n/a 0.2%
    PREMIA MORTGAGE, LLC $275,000 $155,000 -43.6% 0.2%
    BROKER SOLUTIONS, INC. $395,000 $145,000 -63.3% 0.2%
    ZILLOW HOME LOANS, LLC $145,000 n/a 0.2%
    A&D Mortgage LLC $135,000 n/a 0.1%
    Discover Bank $130,000 n/a 0.1%
    212 LOANS, LLC. $125,000 n/a 0.1%
    AMWEST FUNDING CORP. $125,000 n/a 0.1%
    R Bank $285,000 $125,000 -56.1% 0.1%
    THE EQUITABLE MORTGAGE CORPORATION $125,000 n/a 0.1%
    Century Mortgage Company DBA Century Lending Company $235,000 $115,000 -51.1% 0.1%
    INTERLINC MORTGAGE SERVICES, LLC $165,000 $115,000 -30.3% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $105,000 n/a 0.1%
    Citizens Bank $1,125,000 $105,000 -90.7% 0.1%
    Credit Union of Texas $105,000 n/a 0.1%
    LOANPEOPLE, LLC $105,000 n/a 0.1%
    UNIVERSITY Federal Credit Union $255,000 $105,000 -58.8% 0.1%
    The Loan Store, Inc. $95,000 n/a 0.1%
    International Bank of Commerce $85,000 $90,000 5.9% 0.1%
    NEWREZ LLC $135,000 $75,000 -44.4% 0.1%
    SPRING EQ, LLC $75,000 n/a 0.1%
    GREATER TEXAS FEDERAL CREDIT UNION $15,000 n/a 0.0%

    Bay City's top lender by overall market share is Farmers Bank & Trust Company, with 12.7% market share. In second place, with 9.1%, is Gateway First Bank, having originated $8,420,000 in loans. In third place, with 5.8%, is Prosperity Bank, having originated $5,355,000 in loans. In fourth place, with 5.2%, is QUICKEN LOANS, LLC, having originated $4,765,000 in loans. In fifth place, with 4.0%, is TEXAS DOW EMPLOYEES CREDIT UNION, having originated $3,710,000 in loans.

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

    Realtor.com - Bay City (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 $219,725 (2.2%) $243,752 (3.3%) 0.00 259
    2018-02-01 $219,975 (-2.1%) $248,016 (3.0%) 0.00 267
    2018-03-01 $227,000 (4.9%) $246,793 (3.0%) 0.00 273
    2018-04-01 $229,550 (14.8%) $244,880 (4.7%) 0.00 270
    2018-05-01 $229,838 (15.4%) $246,973 (7.9%) 0.00 282
    2018-06-01 $229,900 (15.5%) $250,808 (10.5%) 0.00 297
    2018-07-01 $232,909 (6.8%) $254,874 (8.6%) 0.00 318
    2018-08-01 $229,450 (6.7%) $253,626 (8.7%) 0.00 330
    2018-09-01 $231,066 (5.3%) $254,006 (8.5%) 0.00 318
    2018-10-01 $227,000 (3.3%) $248,717 (4.1%) 0.00 314
    2018-11-01 $220,000 (0.2%) $243,284 (0.4%) 0.00 317
    2018-12-01 $219,900 (-2.2%) $243,756 (-1.0%) 0.00 316
    2019-01-01 $219,950 (0.1%) $241,384 (-1.0%) 0.00 295
    2019-02-01 $218,123 (-0.8%) $236,214 (-4.8%) 0.00 305
    2019-03-01 $217,036 (-4.4%) $236,679 (-4.1%) 0.00 311
    2019-04-01 $215,375 (-6.2%) $236,753 (-3.3%) 0.00 326
    2019-05-01 $214,502 (-6.7%) $237,145 (-4.0%) 0.00 326
    2019-06-01 $212,212 (-7.7%) $238,490 (-4.9%) 0.00 319
    2019-07-01 $214,639 (-7.8%) $245,040 (-3.9%) 0.00 324
    2019-08-01 $219,545 (-4.3%) $245,564 (-3.2%) 0.00 307
    2019-09-01 $222,614 (-3.7%) $246,009 (-3.2%) 0.00 296
    2019-10-01 $224,975 (-0.9%) $246,359 (-1.0%) 0.00 283
    2019-11-01 $209,900 (-4.6%) $241,352 (-0.8%) 0.00 267
    2019-12-01 $205,625 (-6.5%) $236,656 (-2.9%) 0.00 258
    2020-01-01 $205,625 (-6.5%) $235,682 (-2.4%) 0.00 235
    2020-02-01 $209,000 (-4.2%) $237,959 (0.7%) 0.00 235
    2020-03-01 $214,950 (-1.0%) $269,856 (14.0%) 0.00 248
    2020-04-01 $205,000 (-4.8%) $264,483 (11.7%) 0.00 247
    2020-05-01 $210,000 (-2.1%) $266,279 (12.3%) 0.00 233
    2020-06-01 $214,175 (0.9%) $270,724 (13.5%) 0.00 221
    2020-07-01 $213,500 (-0.5%) $262,611 (7.2%) 0.00 203
    2020-08-01 $210,000 (-4.4%) $250,599 (2.1%) 0.00 180
    2020-09-01 $211,000 (-5.2%) $247,241 (0.5%) 0.00 168
    2020-10-01 $210,000 (-6.7%) $258,851 (5.1%) 0.00 177
    2020-11-01 $216,500 (3.1%) $266,502 (10.4%) 0.00 181
    2020-12-01 $215,000 (4.6%) $267,490 (13.0%) 0.00 170
    2021-01-01 $215,000 (4.6%) $265,359 (12.6%) 0.00 147
    2021-02-01 $209,600 (0.3%) $270,756 (13.8%) 0.00 138
    2021-03-01 $211,500 (-1.6%) $308,644 (14.4%) 0.00 127
    2021-04-01 $216,000 (5.4%) $310,846 (17.5%) 0.00 122
    2021-05-01 $225,000 (7.1%) $331,832 (24.6%) 0.00 116
    2021-06-01 $246,250 (15.0%) $342,335 (26.5%) 0.00 110
    2021-07-01 $264,681 (24.0%) $340,740 (29.8%) 0.00 111
    2021-08-01 $259,000 (23.3%) $330,918 (32.1%) 0.00 116
    2021-09-01 $246,006 (16.6%) $283,883 (14.8%) 0.00 108
    2021-10-01 $249,500 (18.8%) $291,756 (12.7%) 0.00 106
    2021-11-01 $235,000 (8.6%) $285,649 (7.2%) 0.00 128
    2021-12-01 $232,450 (8.1%) $288,473 (7.8%) 0.00 145
    2022-01-01 $229,500 (6.7%) $298,722 (12.6%) 0.00 136
    2022-02-01 $226,750 (8.2%) $304,067 (12.3%) 0.00 132
    2022-03-01 $214,700 (1.5%) $317,451 (2.9%) 0.00 129
    2022-04-01 $255,250 (18.2%) $369,987 (19.0%) 0.00 143
    2022-05-01 $273,750 (21.7%) $375,652 (13.2%) 0.00 157
    2022-06-01 $261,525 (6.2%) $369,601 (8.0%) 0.00 164
    2022-07-01 $275,000 (3.9%) $354,303 (4.0%) 0.00 188
    2022-08-01 $279,870 (8.1%) $341,426 (3.2%) 0.00 203
    2022-09-01 $270,120 (9.8%) $315,627 (11.2%) 0.00 199
    2022-10-01 $250,000 (0.2%) $327,657 (12.3%) 0.00 168
    2022-11-01 $250,000 (6.4%) $325,539 (14.0%) 0.00 177
    2022-12-01 $249,990 (7.6%) $322,440 (11.8%) 0.00 193
    2023-01-01 $247,990 (8.1%) $320,995 (7.5%) 0.00 188
    2023-02-01 $247,490 (9.2%) $314,462 (3.4%) 0.00 198
    2023-03-01 $249,998 (16.4%) $320,477 (1.0%) 0.00 190
    2023-04-01 $255,000 (-0.1%) $321,616 (-13.1%) 0.00 190
    2023-05-01 $275,000 (0.5%) $331,670 (-11.7%) 0.00 205
    2023-06-01 $276,463 (5.7%) $338,445 (-8.4%) 0.00 215
    2023-07-01 $289,000 (5.1%) $347,118 (-2.0%) 0.00 224
    2023-08-01 $283,475 (1.3%) $343,762 (0.7%) 0.00 226
    2023-09-01 $299,900 (11.0%) $350,059 (10.9%) 0.00 232
    2023-10-01 $287,495 (15.0%) $348,466 (6.4%) 0.00 227
    2023-11-01 $289,500 (15.8%) $351,510 (8.0%) 0.00 231
    2023-12-01 $285,919 (14.4%) $352,647 (9.4%) 0.00 228
    2024-01-01 $297,000 (19.8%) $354,953 (10.6%) 0.00 212
    2024-02-01 $299,044 (20.8%) $356,089 (13.2%) 0.00 218
    2024-03-01 $299,900 (20.0%) $351,655 (9.7%) 0.00 234
    2024-04-01 $299,697 (17.5%) $359,910 (11.9%) 0.00 238
    2024-05-01 $312,466 (13.6%) $365,007 (10.1%) 0.00 253
    2024-06-01 $319,000 (15.4%) $372,934 (10.2%) 0.00 265
    2024-07-01 $323,925 (12.1%) $373,339 (7.6%) 0.00 261
    2024-08-01 $325,000 (14.7%) $375,378 (9.2%) 0.00 247
    2024-09-01 $325,000 (8.4%) $379,270 (8.3%) 0.00 241
    2024-10-01 $325,000 (13.1%) $379,242 (8.8%) 0.00 238
    Bay City's median listing price for 2024-10-01 was $325,000, a difference of $37,505 (13.1%) versus the prior year and $0 versus the prior month.

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

    Bay City's average listing price for 2024-10-01 was $379,242, a difference of $30,776 (8.8%) versus the prior year and $-28 versus the prior month.

    For the 2024-10-01 period, Bay City had 238 MLS listings, a difference of -3 listings (-1%) versus the prior month and 11 listings (5%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bay City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,495 sqft
    2018-02-01 0 days 1,489 sqft
    2018-03-01 0 days 1,490 sqft
    2018-04-01 0 days 1,494 sqft
    2018-05-01 0 days 1,512 sqft
    2018-06-01 0 days 1,536 sqft
    2018-07-01 0 days 1,584 sqft
    2018-08-01 0 days 1,620 sqft
    2018-09-01 0 days 1,622 sqft
    2018-10-01 0 days 1,600 sqft
    2018-11-01 0 days 1,607 sqft
    2018-12-01 0 days 1,624 sqft
    2019-01-01 0 days 1,597 sqft
    2019-02-01 0 days 1,560 sqft
    2019-03-01 0 days 1,540 sqft
    2019-04-01 0 days 1,512 sqft
    2019-05-01 0 days 1,508 sqft
    2019-06-01 0 days 1,512 sqft
    2019-07-01 0 days 1,526 sqft
    2019-08-01 0 days 1,551 sqft
    2019-09-01 0 days 1,573 sqft
    2019-10-01 0 days 1,592 sqft
    2019-11-01 0 days 1,620 sqft
    2019-12-01 0 days 1,591 sqft
    2020-01-01 0 days 1,589 sqft
    2020-02-01 0 days 1,577 sqft
    2020-03-01 0 days 1,575 sqft
    2020-04-01 0 days 1,572 sqft
    2020-05-01 0 days 1,568 sqft
    2020-06-01 0 days 1,571 sqft
    2020-07-01 0 days 1,559 sqft
    2020-08-01 0 days 1,619 sqft
    2020-09-01 0 days 1,585 sqft
    2020-10-01 0 days 1,601 sqft
    2020-11-01 0 days 1,623 sqft
    2020-12-01 0 days 1,610 sqft
    2021-01-01 0 days 1,599 sqft
    2021-02-01 0 days 1,556 sqft
    2021-03-01 0 days 1,558 sqft
    2021-04-01 0 days 1,543 sqft
    2021-05-01 0 days 1,549 sqft
    2021-06-01 0 days 1,555 sqft
    2021-07-01 0 days 1,537 sqft
    2021-08-01 0 days 1,605 sqft
    2021-09-01 0 days 1,569 sqft
    2021-10-01 0 days 1,525 sqft
    2021-11-01 0 days 1,467 sqft
    2021-12-01 0 days 1,449 sqft
    2022-01-01 0 days 1,492 sqft
    2022-02-01 0 days 1,528 sqft
    2022-03-01 0 days 1,462 sqft
    2022-04-01 0 days 1,511 sqft
    2022-05-01 0 days 1,560 sqft
    2022-06-01 0 days 1,549 sqft
    2022-07-01 0 days 1,579 sqft
    2022-08-01 0 days 1,607 sqft
    2022-09-01 0 days 1,621 sqft
    2022-10-01 0 days 1,656 sqft
    2022-11-01 0 days 1,624 sqft
    2022-12-01 0 days 1,616 sqft
    2023-01-01 0 days 1,618 sqft
    2023-02-01 0 days 1,609 sqft
    2023-03-01 0 days 1,608 sqft
    2023-04-01 0 days 1,607 sqft
    2023-05-01 0 days 1,581 sqft
    2023-06-01 0 days 1,585 sqft
    2023-07-01 0 days 1,624 sqft
    2023-08-01 0 days 1,586 sqft
    2023-09-01 0 days 1,630 sqft
    2023-10-01 0 days 1,612 sqft
    2023-11-01 0 days 1,618 sqft
    2023-12-01 0 days 1,660 sqft
    2024-01-01 0 days 1,632 sqft
    2024-02-01 0 days 1,678 sqft
    2024-03-01 0 days 1,675 sqft
    2024-04-01 0 days 1,646 sqft
    2024-05-01 0 days 1,646 sqft
    2024-06-01 0 days 1,664 sqft
    2024-07-01 0 days 1,698 sqft
    2024-08-01 0 days 1,706 sqft
    2024-09-01 0 days 1,748 sqft
    2024-10-01 0 days 1,722 sqft
    Bay City's median listing age (time on market) for 2024-10-01 was 0 days.

    Bay City's median square footage for active listings during the 2024-10-01 period was 1,722 sqft. One year prior, the average listing was 1,612 sqft.

    Bay City, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 312 $77,380,000 $248,013
    Cash Out Refi 30 $5,070,000 $169,000
    Refi 26 $6,550,000 $251,923
    Other 17 $1,715,000 $100,882
    Home Improvement 12 $1,580,000 $131,667

    Bay City's most frequently cited loan purpose was Home Purchase, with 312 originations. The 2nd most popular reason was Cash Out Refi, with 30 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    7-8% 133 $26,745,000 $201,090
    6-7% 131 $28,615,000 $218,435
    Over 8% 53 $20,305,000 $383,113
    5-6% 44 $8,780,000 $199,545
    <2.5% 9 $45,000 $5,000
    4-5% 7 $1,765,000 $252,143

    During 2023, Bay City's most frequently originated rate bucket was 7-8%, with 133 originations.

    Loan Sizing (Bay City, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 164 $24,040,000 $146,585
    $200k-400k 142 $38,430,000 $270,634
    $100,000 or less 60 $3,530,000 $58,833
    $400k-600k 27 $12,615,000 $467,222
    $600k-1000k 3 $1,925,000 $641,667
    $Over $1MM 1 $11,755,000 $11,755,000

    Bay City's loan sizing saw the bucket of loans from $100k-200k with 164 originations, totaling $24,040,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 184 $38,220,000 $207,717
    60-80% 112 $36,260,000 $323,750
    20-40% 26 $2,570,000 $98,846
    40-60% 24 $5,680,000 $236,667
    Under 20% 15 $355,000 $23,667
    Over 100% 13 $2,985,000 $229,615

    Bay City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 184 originations, totaling $38,220,000 in origination value.