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 6.82% for the week of 2024-11-27, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2024-11-21) was 6.95% and one month ago for the week of 2024-10-24, the average rate was 6.85%.

Bay City's average rate one year ago was 7.4%.

For refis of the same type during the week of 2024-11-27, the average rate was 7.11%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-27 6.81%
Bay City 30 Year Fixed Rate 2024-11-27 6.82%
Bay City 30 Year Fixed Rate Refi 2024-11-27 7.11%
Bay City 15 Year Fixed Rate 2024-11-27 6.3%
Bay City 15 Year Fixed Rate Refi 2024-11-27 6.3%
Bay City 30 Year FHA 2024-11-27 -0.2%
Bay City 30 Year FHA Refi 2024-11-27 -0.1%
Bay City 30 Year USDA 2024-11-27 -0.2%
Bay City 30 Year USDA Refi 2024-11-27 0.2%
Bay City 30 Year VA 2024-11-27 0%
Bay City 30 Year VA Refi 2024-11-27 -0.1%
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.