Bay City Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Bay City averaged 7.25% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

The average rate for the prior week (2023-09-14) was 7.54% and one month ago for the week of 2023-08-17, the average rate was 7.35%.

Bay City's average rate one year ago was 6.08%.

For refis of the same type during the week of 2023-09-21, the average rate was 7.19%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-21 7.19%
Bay City 30 Year Fixed Rate 2023-09-21 7.25%
Bay City 30 Year Fixed Rate Refi 2023-09-21 7.19%
Bay City 15 Year Fixed Rate 2023-09-21 6.64%
Bay City 15 Year Fixed Rate Refi 2023-09-21 6.74%
Bay City 30 Year FHA 2023-09-21 7.04%
Bay City 30 Year FHA Refi 2023-09-21 6.84%
Bay City 30 Year USDA 2023-09-21 7.12%
Bay City 30 Year USDA Refi 2023-09-21 7.02%
Bay City 30 Year VA 2023-09-21 7.02%
Bay City 30 Year VA Refi 2023-09-21 6.82%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Gateway First Bank 34 4.94% $5,630
TEXAS DOW EMPLOYEES CREDIT UNION 27 5.69% $4,676
QUICKEN LOANS, LLC 14 5.18% $6,187
Prosperity Bank 12 4.60% $5,488
SOUTHWEST FUNDING, LP 11 5.51% $10,940
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 4.77% $9,676
FIRST SERVICE Credit Union 4 4.46% $7,600
Mr. Cooper ( Nationstar Mortgage ) 4 4.72% $7,298
UNITED WHOLESALE MORTGAGE, LLC 4 6.94% $8,191
Flagstar Bank, FSB 4 5.88% $7,717
Network Funding, L.P. 4 5.81% $7,546
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 5.22% $6,326
AMCAP MORTGAGE, LTD. 3 5.33% $6,025
Citizens Bank 3 4.17% $14,140
MOVEMENT MORTGAGE, LLC 3 4.77% $7,153
MEMBER HOME LOAN, L.L.C. 3 6.21% $5,545
Wells Fargo Bank 3 4.79% $5,301
AgFirst Farm Credit Bank 2 4.44% $9,954
GENEVA FINANCIAL, LLC 2 7.50% $5,398
AMERICAN FINANCING CORPORATION 2 4.88% $11,036
GUILD MORTGAGE COMPANY 2 6.06% $9,062
CROSSCOUNTRY MORTGAGE, LLC 2 4.81% $7,973
CARDINAL FINANCIAL 2 6.31% $13,789
JPMorgan Chase Bank 2 4.87% $4,520
FIRST COMMUNITY CREDIT UNION 2 5.06% $7,223
First National Bank of America 2 7.94% $12,591
LOANDEPOT.COM, LLC 2 4.06% $13,413
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.25% $6,328
USAA Federal Savings Bank 2 6.25% $8,340
NATIONS RELIABLE LENDING, LLC 2 6.31% $5,422
NAVY FEDERAL CREDIT UNION 2 4.88% $4,988
PENNYMAC LOAN SERVICES, LLC 1 5.00% $5,257
Plains Commerce Bank 1 6.38% $5,256
R Bank 1 4.63% $12,664
Regions Bank 1 4.88% $7,137
S1L, Inc. 1 5.13% $8,007
SECURITYNATIONAL MORTGAGE COMPANY 1 6.13% $7,631
SECURITY SERVICE 1 5.00% $3,584
SENTE MORTGAGE, INC. 1 6.99% $5,741
SFMC, LP 1 6.12% $11,044
Stifel Bank and Trust 1 4.63% $4,151
T2 FINANCIAL LLC 1 3.25% $5,969
THRIVE MORTGAGE, LLC 1 6.63% $8,543
UNION HOME MORTGAGE CORP. 1 6.13% $6,613
UNITED MORTGAGE CORP 1 6.13% $10,065
UNIVERSITY Federal Credit Union 1 4.75% $6,993
Watermark Capital, Inc. 1 2.75% $3,108
Waterstone Mortgage Corporation 1 5.63% $5,334
Wolfe Financial, Inc 1 6.00% $14,168
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.50% $5,762
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.88% $12,383
AMERICA'S CHOICE HOME LOANS LP 1 5.50% $4,659
AMERISAVE MORTGAGE CORPORATION 1 5.63% $4,390
AMPLIFY 1 5.63% $6,521
ASPIRE FINANCIAL, INC. 1 4.38% $9,181
Bank of America 1 2.75% $5,779
Beeline Loans, Inc. 1 6.63% $7,462
Citadel Servicing Corporation 1 10.37% $7,395
City Bank 1 6.25% $8,969
Colonial Savings, F.A. 1 7.13% $5,042
CONTOUR MORTGAGE CORPORATION 1 4.25% $3,489
CORNERSTONE HOME LENDING, INC. 1 3.38% $7,971
COUNTRYPLACE MORTGAGE, LTD. 1 7.00% $0
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.13% $3,205
FIRST CENTENNIAL MORTGAGE CORPORATION 1 4.88% $6,632
First United Bank and Trust Company 1 3.50% $7,269
GREAT WESTERN FINANCIAL SERVICES, INC. 1 3.63% $6,182
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.13% $9,271
HOME POINT FINANCIAL CORPORATION 1 7.50% $11,339
HOMETRUST MORTGAGE COMPANY 1 4.88% $7,908
Independent Bank 1 5.50% $4,287
JSC 1 3.63% $5,140
LADERA LENDING, INC. 1 6.38% $5,065
LOANPAL, LLC 1 5.99% $5,174
Mortgage Research Center, LLC 1 4.99% $3,765
NAVY ARMY COMMUNITY CREDIT UNION 1 5.50% $4,081
NBKC BANK 1 5.50% $13,008
Northpointe Bank 1 5.99% $5,479
Paramount Residential Mortgage Group, Inc. 1 4.88% $9,664

Bay City Average Closing Costs & Other Stats

Bay City, TX's 79 lenders originated 505 loans during 2022. The total origination value was $133,315,000, with an average loan value of $263,990.

Bay City's average closing costs are $5,684.

The top Bay City lender as defined by loan originations is Gateway First Bank, with 34 loans originated. Their average total fees are $5,630, which is $954 higher than the next largest lender, TEXAS DOW EMPLOYEES CREDIT UNION.

The lowest fee Bay City lenders (with over 10 loans originated) are TEXAS DOW EMPLOYEES CREDIT UNION ($4,676), Prosperity Bank ($5,488), Gateway First Bank ($5,630), QUICKEN LOANS, LLC ($6,187) and SOUTHWEST FUNDING, LP ($10,940).

The lowest rate Bay City lenders (with over 10 loans originated) are Prosperity Bank (4.60%), Gateway First Bank (4.94%), QUICKEN LOANS, LLC (5.18%), SOUTHWEST FUNDING, LP (5.51%) and TEXAS DOW EMPLOYEES CREDIT UNION (5.69%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
JONES LANG LASALLE MULTIFAMILY, LLC $20,015,000 n/a 15.0%
Gateway First Bank $25,830,000 $17,270,000 -33.1% 13.0%
Prosperity Bank $10,715,000 $11,920,000 11.2% 8.9%
TEXAS DOW EMPLOYEES CREDIT UNION $11,620,000 $5,470,000 -52.9% 4.1%
SOUTHWEST FUNDING, LP $6,550,000 $4,880,000 -25.5% 3.7%
QUICKEN LOANS, LLC $10,665,000 $4,280,000 -59.9% 3.2%
Mortgage Research Center, LLC $1,590,000 $3,155,000 98.4% 2.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,555,000 $2,780,000 -21.8% 2.1%
Third Coast Bank SSB $2,360,000 n/a 1.8%
AMCAP MORTGAGE, LTD. $4,580,000 $2,035,000 -55.6% 1.5%
UNITED WHOLESALE MORTGAGE, LLC $2,230,000 $1,960,000 -12.1% 1.5%
Zions Bancorporation, N.A. $500,000 $1,810,000 262.0% 1.4%
USAA Federal Savings Bank $380,000 $1,685,000 343.4% 1.3%
Southern Bank $1,645,000 n/a 1.2%
Mr. Cooper ( Nationstar Mortgage ) $2,135,000 $1,485,000 -30.4% 1.1%
Network Funding, L.P. $850,000 $1,415,000 66.5% 1.1%
LOANDEPOT.COM, LLC $1,680,000 $1,255,000 -25.3% 0.9%
Citizens Bank $800,000 $1,125,000 40.6% 0.8%
Allegiance Bank $1,105,000 n/a 0.8%
AMERICAN FINANCING CORPORATION $275,000 $1,005,000 265.5% 0.8%
Flagstar Bank, FSB $965,000 $1,005,000 4.1% 0.8%
NAVY FEDERAL CREDIT UNION $1,170,000 $1,005,000 -14.1% 0.8%
EUSTIS AND AMERICAN MORTGAGE COMPANY $1,175,000 $990,000 -15.7% 0.7%
21ST MORTGAGE CORPORATION $1,310,000 $955,000 -27.1% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $710,000 $950,000 33.8% 0.7%
FIRST SERVICE Credit Union $200,000 $910,000 355.0% 0.7%
First Financial Bank $1,600,000 $900,000 -43.8% 0.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $250,000 $890,000 256.0% 0.7%
FREEDOM MORTGAGE CORPORATION $4,965,000 $890,000 -82.1% 0.7%
AgFirst Farm Credit Bank $870,000 n/a 0.7%
GUILD MORTGAGE COMPANY $1,220,000 $830,000 -32.0% 0.6%
CMG MORTGAGE, INC. $1,215,000 $825,000 -32.1% 0.6%
MEMBER HOME LOAN, L.L.C. $640,000 $780,000 21.9% 0.6%
MOVEMENT MORTGAGE, LLC $530,000 $775,000 46.2% 0.6%
Wells Fargo Bank $1,770,000 $765,000 -56.8% 0.6%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $195,000 $745,000 282.1% 0.6%
City Bank $740,000 n/a 0.6%
UNITED BUILT HOMES, L.L.C. $225,000 $725,000 222.2% 0.5%
COUNTRYPLACE MORTGAGE, LTD. $325,000 $690,000 112.3% 0.5%
FIRST COMMUNITY CREDIT UNION $285,000 $680,000 138.6% 0.5%
LAKEVIEW LOAN SERVICING, LLC $1,005,000 $670,000 -33.3% 0.5%
Bank of America $840,000 $665,000 -20.8% 0.5%
NATIONS RELIABLE LENDING, LLC $1,060,000 $625,000 -41.0% 0.5%
AMERISAVE MORTGAGE CORPORATION $920,000 $615,000 -33.2% 0.5%
First National Bank of Central Texas $605,000 n/a 0.5%
NBKC BANK $575,000 n/a 0.4%
Paramount Residential Mortgage Group, Inc. $725,000 $570,000 -21.4% 0.4%
Wolfe Financial, Inc $155,000 $565,000 264.5% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $115,000 $535,000 365.2% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $165,000 $510,000 209.1% 0.4%
T2 FINANCIAL LLC $505,000 n/a 0.4%
INSPIRE HOME LOANS INC. $490,000 n/a 0.4%
First National Bank of America $480,000 n/a 0.4%
HOMESIDE FINANCIAL, LLC $725,000 $475,000 -34.5% 0.4%
First National Bank in Port Lavaca $165,000 $470,000 184.8% 0.4%
SECURITYNATIONAL MORTGAGE COMPANY $920,000 $445,000 -51.6% 0.3%
JPMorgan Chase Bank $1,260,000 $440,000 -65.1% 0.3%
JSC $425,000 n/a 0.3%
RANDOLPH-BROOKS $700,000 $410,000 -41.4% 0.3%
THRIVE MORTGAGE, LLC $175,000 $410,000 134.3% 0.3%
BROKER SOLUTIONS, INC. $1,100,000 $395,000 -64.1% 0.3%
ACADEMY MORTGAGE CORPORATION $385,000 n/a 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $530,000 $380,000 -28.3% 0.3%
EVERETT FINANCIAL, INC. $355,000 n/a 0.3%
First United Bank and Trust Company $355,000 n/a 0.3%
HOME POINT FINANCIAL CORPORATION $1,170,000 $350,000 -70.1% 0.3%
Colonial Savings, F.A. $175,000 $340,000 94.3% 0.3%
GMFS LLC $325,000 n/a 0.2%
SECURITY SERVICE $205,000 $325,000 58.5% 0.2%
Waterstone Mortgage Corporation $325,000 n/a 0.2%
FIRST CENTENNIAL MORTGAGE CORPORATION $315,000 n/a 0.2%
GUARANTEED RATE AFFINITY, LLC $345,000 $315,000 -8.7% 0.2%
Citizens State Bank $155,000 $305,000 96.8% 0.2%
HomeTown Bank $305,000 n/a 0.2%
Secured Investment Corp. $305,000 n/a 0.2%
CORNERSTONE HOME LENDING, INC. $655,000 $295,000 -55.0% 0.2%
Greenbox Loans, Inc. $295,000 n/a 0.2%
PENNYMAC LOAN SERVICES, LLC $1,075,000 $285,000 -73.5% 0.2%
R Bank $285,000 n/a 0.2%
Bank of England $275,000 n/a 0.2%
OPEN MORTGAGE, LLC $275,000 n/a 0.2%
PREMIA MORTGAGE, LLC $275,000 n/a 0.2%
Regions Bank $175,000 $265,000 51.4% 0.2%
LONGBRIDGE FINANCIAL, LLC $260,000 n/a 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $255,000 n/a 0.2%
BETTER MORTGAGE CORPORATION $155,000 $255,000 64.5% 0.2%
S1L, Inc. $380,000 $255,000 -32.9% 0.2%
UNIVERSITY Federal Credit Union $300,000 $255,000 -15.0% 0.2%
Stifel Bank and Trust $245,000 n/a 0.2%
Watermark Capital, Inc. $245,000 n/a 0.2%
First Guaranty Mortgage Corporation $605,000 $240,000 -60.3% 0.2%
Century Mortgage Company DBA Century Lending Company $235,000 n/a 0.2%
First National Bank Texas $235,000 n/a 0.2%
Hometown Equity Mortgage, LLC $235,000 n/a 0.2%
SFMC, LP $235,000 n/a 0.2%
The First National Bank of Bastrop $235,000 n/a 0.2%
SOUTHWEST STAGE FUNDING, LLC $315,000 $230,000 -27.0% 0.2%
UNITED MORTGAGE CORP. $225,000 n/a 0.2%
GENEVA FINANCIAL, LLC $220,000 n/a 0.2%
GREAT WESTERN FINANCIAL SERVICES, INC. $215,000 n/a 0.2%
Carrington Mortgage Services, LLC $360,000 $205,000 -43.1% 0.2%
PANORAMA MORTGAGE GROUP, LLC $210,000 $205,000 -2.4% 0.2%
Mid-Continent Funding, Inc. $195,000 n/a 0.1%
CIVIC FINANCIAL SERVICES, LLC $190,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $610,000 $190,000 -68.9% 0.1%
Peoples Bank $185,000 n/a 0.1%
AMPLIFY $125,000 $175,000 40.0% 0.1%
CONTOUR MORTGAGE CORPORATION $175,000 n/a 0.1%
TrustTexas Bank, SSB $175,000 n/a 0.1%
AMERICAN INTERNET MORTGAGE, INC. $165,000 n/a 0.1%
AMERICA'S CHOICE HOME LOANS LP $165,000 n/a 0.1%
INTERLINC MORTGAGE SERVICES, LLC $105,000 $165,000 57.1% 0.1%
Plains Commerce Bank $165,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $165,000 n/a 0.1%
HOMETRUST MORTGAGE COMPANY $155,000 n/a 0.1%
SENTE MORTGAGE, INC. $720,000 $155,000 -78.5% 0.1%
LADERA LENDING, INC. $145,000 n/a 0.1%
NAVY ARMY COMMUNITY CREDIT UNION $145,000 n/a 0.1%
Beeline Loans, Inc. $135,000 n/a 0.1%
Citadel Servicing Corporation $135,000 n/a 0.1%
HANCOCK MORTGAGE PARTNERS, LLC $135,000 n/a 0.1%
Independent Bank $4,330,000 $135,000 -96.9% 0.1%
NEWREZ LLC $110,000 $135,000 22.7% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $125,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $295,000 $125,000 -57.6% 0.1%
ASPIRE FINANCIAL, INC. $195,000 $115,000 -41.0% 0.1%
CALIBER HOME LOANS, INC. $555,000 $115,000 -79.3% 0.1%
First Savings Bank $115,000 n/a 0.1%
Northpointe Bank $115,000 n/a 0.1%
AMERICAN ADVISORS GROUP $335,000 $105,000 -68.7% 0.1%
EMBRACE HOME LOANS, INC. $105,000 n/a 0.1%
Trinity Oaks Mortgage, LLC $105,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $125,000 $95,000 -24.0% 0.1%
TRIAD FINANCIAL SERVICES, INC. $390,000 $95,000 -75.6% 0.1%
International Bank of Commerce $240,000 $85,000 -64.6% 0.1%
Jefferson Bank $85,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $225,000 $85,000 -62.2% 0.1%
GUARANTEED RATE, INC. $700,000 $75,000 -89.3% 0.1%
Lakeview Community Capital, LLC $165,000 $65,000 -60.6% 0.0%
LOANPAL, LLC $345,000 $65,000 -81.2% 0.0%

Bay City's top lender by overall market share is JONES LANG LASALLE MULTIFAMILY, LLC, with 15.0% market share. In second place, with 13.0%, is Gateway First Bank, having originated $17,270,000 in loans. In third place, with 8.9%, is Prosperity Bank, having originated $11,920,000 in loans. In fourth place, with 4.1%, is TEXAS DOW EMPLOYEES CREDIT UNION, having originated $5,470,000 in loans. In fifth place, with 3.7%, is SOUTHWEST FUNDING, LP, having originated $4,880,000 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 (3.5%) 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 $229,325 (14.7%) $244,802 (4.6%) 0.00 271
2018-05-01 $229,713 (15.3%) $246,810 (7.8%) 0.00 283
2018-06-01 $229,900 (15.5%) $250,639 (10.5%) 0.00 298
2018-07-01 $231,250 (6.1%) $253,578 (8.1%) 0.00 318
2018-08-01 $228,450 (6.3%) $252,338 (8.2%) 0.00 329
2018-09-01 $231,066 (5.3%) $254,006 (8.5%) 0.00 318
2018-10-01 $227,000 (3.3%) $248,151 (3.8%) 0.00 315
2018-11-01 $220,000 (0.2%) $243,284 (0.4%) 0.00 317
2018-12-01 $219,900 (-2.2%) $243,224 (-1.2%) 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 (-6.1%) $236,753 (-3.3%) 0.00 325
2019-05-01 $214,864 (-6.5%) $237,635 (-3.7%) 0.00 324
2019-06-01 $213,900 (-7.0%) $239,004 (-4.6%) 0.00 317
2019-07-01 $214,639 (-7.2%) $245,040 (-3.4%) 0.00 324
2019-08-01 $219,545 (-3.9%) $245,564 (-2.7%) 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 (-0.7%) 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 (-2.7%) 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 (-2.3%) $266,279 (12.1%) 0.00 233
2020-06-01 $214,175 (0.1%) $270,724 (13.3%) 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%) 0.00 130
2022-03-01 $211,000 (-0.2%) $317,389 (2.8%) 0.00 128
2022-04-01 $254,999 (18.1%) $370,278 (19.1%) 0.00 142
2022-05-01 $272,500 (21.1%) $375,951 (13.3%) 0.00 156
2022-06-01 $260,850 (5.9%) $369,733 (8.0%) 0.00 163
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%) $327,967 (12.4%) 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 (18.5%) $320,477 (1.0%) 0.00 190
2023-04-01 $255,000 (0.0%) $321,616 (-13.1%) 0.00 190
2023-05-01 $275,000 (0.9%) $332,240 (-11.6%) 0.00 204
2023-06-01 $277,213 (6.3%) $339,605 (-8.2%) 0.00 214
2023-07-01 $289,000 (5.1%) $347,377 (-2.0%) 0.00 224
2023-08-01 $283,475 (1.3%) $343,762 (0.7%) 0.00 226
Bay City's median listing price for 2023-08-01 was $283,475, a difference of $3,605 (1.3%) versus the prior year and $-5,525 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 2023-08-01 was $343,762, a difference of $2,336 (0.7%) versus the prior year and $-3,615 versus the prior month.

For the 2023-08-01 period, Bay City had 226 MLS listings, a difference of 2 listings (1%) versus the prior month and 23 listings (11%) 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 1,493 sqft
2018-05-01 0 days 1,510 sqft
2018-06-01 0 days 1,536 sqft
2018-07-01 0 days 1,581 sqft
2018-08-01 0 days 1,617 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 1,516 sqft
2019-05-01 0 days 1,512 sqft
2019-06-01 0 days 1,520 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 1,600 sqft
2020-11-01 0 days 1,621 sqft
2020-12-01 0 days 1,605 sqft
2021-01-01 0 days 1,599 sqft
2021-02-01 0 days 1,548 sqft
2021-03-01 0 days 1,554 sqft
2021-04-01 0 days 1,543 sqft
2021-05-01 0 days 1,549 sqft
2021-06-01 0 days 1,554 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 1,519 sqft
2022-03-01 0 days 1,457 sqft
2022-04-01 0 days 1,508 sqft
2022-05-01 0 days 1,557 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 1,627 sqft
2022-12-01 0 days 1,620 sqft
2023-01-01 0 days 1,620 sqft
2023-02-01 0 days 1,612 sqft
2023-03-01 0 days 1,609 sqft
2023-04-01 0 days 1,607 sqft
2023-05-01 0 days 1,581 sqft
2023-06-01 0 days 1,587 sqft
2023-07-01 0 days 1,624 sqft
2023-08-01 0 days 1,590 sqft
Bay City's median listing age (time on market) for 2023-08-01 was 0 days.

Bay City's median square footage for active listings during the 2023-08-01 period was 1,590 sqft. One year prior, the average listing was 1,607 sqft.

Bay City, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 357 $85,465,000 $239,398
Refi 69 $14,025,000 $203,261
Cash Out Refi 57 $30,975,000 $543,421
Other 16 $2,020,000 $126,250
Home Improvement 6 $830,000 $138,333

Bay City's most frequently cited loan purpose was Home Purchase, with 357 originations. The 2nd most popular reason was Refi, with 69 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 120 $27,310,000 $227,583
4-5% 116 $27,490,000 $236,983
6-7% 86 $17,490,000 $203,372
3-4% 82 $21,740,000 $265,122
2.5-3% 27 $25,315,000 $937,593
7-8% 26 $4,930,000 $189,615
<2.5% 20 $2,160,000 $108,000
Over 8% 19 $2,425,000 $127,632

During 2022, Bay City's most frequently originated rate bucket was 5-6%, with 120 originations.

Loan Sizing (Bay City, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 203 $31,595,000 $155,640
$200k-400k 191 $51,375,000 $268,979
$100,000 or less 68 $4,430,000 $65,147
$400k-600k 34 $16,490,000 $485,000
$Over $1MM 5 $26,785,000 $5,357,000
$600k-1000k 4 $2,640,000 $660,000

Bay City's loan sizing saw the bucket of loans from $100k-200k with 203 originations, totaling $31,595,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 236 $55,820,000 $236,525
60-80% 147 $55,285,000 $376,088
40-60% 57 $10,015,000 $175,702
Over 100% 19 $4,705,000 $247,632
20-40% 18 $2,030,000 $112,778
Under 20% 15 $345,000 $23,000

Bay City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 236 originations, totaling $55,820,000 in origination value.