Boone Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Boone averaged
6.85%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.83% and
one month ago for the week of 2024-03-14, the
average rate was 6.59%.
Boone's average rate one year ago was 6.02%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.7%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Boone 30 Year Fixed Rate | 2024-04-18 | 6.85% |
| Boone 30 Year Fixed Rate Refi | 2024-04-18 | 7.7% |
| Boone 15 Year Fixed Rate | 2024-04-18 | 6.19% |
| Boone 15 Year Fixed Rate Refi | 2024-04-18 | 6.79% |
| Boone 30 Year FHA | 2024-04-18 | 6.66% |
| Boone 30 Year FHA Refi | 2024-04-18 | 6.86% |
| Boone 30 Year USDA | 2024-04-18 | 6.76% |
| Boone 30 Year USDA Refi | 2024-04-18 | 6.66% |
| Boone 30 Year VA | 2024-04-18 | 6.66% |
| Boone 30 Year VA Refi | 2024-04-18 | 6.86% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Boone, NC.
Boone 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 Boone, NC 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.).
Boone Average Closing Costs & Other Stats
Boone, NC's 124 lenders originated 1,123
loans during 2023. The total origination value was $390,185,000, with an average loan value of
$347,449.
Boone's average closing costs are $4,582.
The top Boone lender as defined by loan originations is STATE EMPLOYEES', with
89 loans originated. Their average total fees are
$4,603, which is $4,242
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Boone lenders (with over 10 loans originated) are
STATE EMPLOYEES' ($4,603), First-Citizens Bank & Trust Company ($5,216), Bank of Tennessee ($6,048), Truist ($6,276) and Bank of America ($6,362).
The lowest rate Boone lenders (with over 10 loans originated) are
STATE EMPLOYEES' (5.94%), Bank of America (6.01%), First-Citizens Bank & Trust Company (6.56%), Wells Fargo Bank (6.81%) and Truist (6.81%).
Boone, NC 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 |
|---|---|---|---|---|
| STATE EMPLOYEES' | $55,480,000 | $57,265,000 | 3.2% | 14.7% |
| First-Citizens Bank & Trust Company | $28,490,000 | $28,755,000 | 0.9% | 7.4% |
| Truist | $24,425,000 | $19,725,000 | -19.2% | 5.1% |
| MOVEMENT MORTGAGE, LLC | $40,425,000 | $17,030,000 | -57.9% | 4.4% |
| Bank of America | $17,095,000 | $16,455,000 | -3.7% | 4.2% |
| QUICKEN LOANS, LLC | $36,435,000 | $15,995,000 | -56.1% | 4.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $11,560,000 | $13,035,000 | 12.8% | 3.3% |
| First National Bank of Pennsylvania | $21,900,000 | $10,260,000 | -53.2% | 2.6% |
| American Security Mortgage Corp. | $3,020,000 | $7,790,000 | 157.9% | 2.0% |
| PNC Bank | $6,250,000 | $7,025,000 | 12.4% | 1.8% |
| United Community Bank | $14,365,000 | $6,805,000 | -52.6% | 1.7% |
| Morgan Stanley Private Bank | $3,635,000 | $6,570,000 | 80.7% | 1.7% |
| First Horizon Bank | $6,490,000 | $6,520,000 | 0.5% | 1.7% |
| Wells Fargo Bank | $15,045,000 | $6,520,000 | -56.7% | 1.7% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $8,725,000 | $5,845,000 | -33.0% | 1.5% |
| Bank of Tennessee | $7,570,000 | $5,730,000 | -24.3% | 1.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,545,000 | $5,265,000 | -19.6% | 1.3% |
| New Peoples Bank, Inc. | $7,760,000 | $4,985,000 | -35.8% | 1.3% |
| Skyline National Bank | $12,770,000 | $4,985,000 | -61.0% | 1.3% |
| TD Bank | $6,815,000 | $4,820,000 | -29.3% | 1.2% |
| Charles Schwab Bank, SSB | $2,070,000 | $4,745,000 | 129.2% | 1.2% |
| Pinnacle Bank | $6,085,000 | $4,285,000 | -29.6% | 1.1% |
| Regions Bank | $4,585,000 | $4,275,000 | -6.8% | 1.1% |
| U.S. Bank | $7,160,000 | $4,180,000 | -41.6% | 1.1% |
| ACADEMY MORTGAGE CORPORATION | $1,185,000 | $3,760,000 | 217.3% | 1.0% |
| COASTAL Federal Credit Union | $4,415,000 | $3,550,000 | -19.6% | 0.9% |
| Piedmont Federal Savings Bank | $5,350,000 | $3,365,000 | -37.1% | 0.9% |
| Ameris Bank | $1,235,000 | $3,120,000 | 152.6% | 0.8% |
| The Huntington National Bank | $3,755,000 | $3,070,000 | -18.2% | 0.8% |
| Synovus Bank | $700,000 | $3,010,000 | 330.0% | 0.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,520,000 | $2,835,000 | -19.5% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $1,440,000 | $2,695,000 | 87.2% | 0.7% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $2,235,000 | n/a | 0.6% | |
| Citibank | $920,000 | $2,225,000 | 141.8% | 0.6% |
| Towne Bank | $2,585,000 | $2,030,000 | -21.5% | 0.5% |
| Flagstar Bank, FSB | $5,545,000 | $2,010,000 | -63.8% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $4,060,000 | $1,995,000 | -50.9% | 0.5% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $2,710,000 | $1,835,000 | -32.3% | 0.5% |
| SeaTrust Mortgage Company | $480,000 | $1,705,000 | 255.2% | 0.4% |
| Renasant Bank | $770,000 | $1,670,000 | 116.9% | 0.4% |
| Southern First Bank | $2,435,000 | $1,580,000 | -35.1% | 0.4% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $315,000 | $1,560,000 | 395.2% | 0.4% |
| Mortgage Research Center, LLC | $1,330,000 | $1,530,000 | 15.0% | 0.4% |
| The Park National Bank | $1,790,000 | $1,495,000 | -16.5% | 0.4% |
| Fifth Third Bank | $1,795,000 | $1,385,000 | -22.8% | 0.4% |
| LENDINGHOME FUNDING CORPORATION | $1,500,000 | $1,350,000 | -10.0% | 0.3% |
| ZILLOW HOME LOANS, LLC | $1,285,000 | n/a | 0.3% | |
| BETTER MORTGAGE CORPORATION | $6,645,000 | $1,275,000 | -80.8% | 0.3% |
| GUARANTEED RATE, INC. | $1,690,000 | $1,275,000 | -24.6% | 0.3% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $695,000 | $1,270,000 | 82.7% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $300,000 | $1,255,000 | 318.3% | 0.3% |
| Allen Tate Mortgage Partners, LLC | $3,700,000 | $1,185,000 | -68.0% | 0.3% |
| NBKC BANK | $890,000 | $1,175,000 | 32.0% | 0.3% |
| Southern Bank and Trust Company | $750,000 | $1,175,000 | 56.7% | 0.3% |
| Raymond James Bank | $2,690,000 | $1,160,000 | -56.9% | 0.3% |
| MidFirst Bank | $1,125,000 | n/a | 0.3% | |
| JPMorgan Chase Bank | $7,295,000 | $1,120,000 | -84.6% | 0.3% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,095,000 | n/a | 0.3% | |
| GoPrime Mortgage, Inc. | $1,880,000 | $1,085,000 | -42.3% | 0.3% |
| Axos Bank | $1,040,000 | n/a | 0.3% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $1,035,000 | n/a | 0.3% | |
| CARDINAL FINANCIAL | $2,445,000 | $1,005,000 | -58.9% | 0.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $465,000 | $1,005,000 | 116.1% | 0.3% |
| Zions Bank | $955,000 | n/a | 0.2% | |
| The Central Trust Bank | $850,000 | $940,000 | 10.6% | 0.2% |
| NFM, INC. | $245,000 | $920,000 | 275.5% | 0.2% |
| UNION HOME MORTGAGE CORP. | $2,250,000 | $915,000 | -59.3% | 0.2% |
| FIRST HOME MORTGAGE CORPORATION | $245,000 | $895,000 | 265.3% | 0.2% |
| Third Federal Savings and Loan Association of Cleveland | $335,000 | $890,000 | 165.7% | 0.2% |
| United Bank | $1,740,000 | $885,000 | -49.1% | 0.2% |
| Alcova Mortgage LLC | $1,310,000 | $880,000 | -32.8% | 0.2% |
| ARC HOME LLC | $835,000 | n/a | 0.2% | |
| American Airlines Federal Credit Union | $360,000 | $810,000 | 125.0% | 0.2% |
| NP, Inc. | $215,000 | $800,000 | 272.1% | 0.2% |
| INTERCOASTAL MORTGAGE COMPANY | $1,725,000 | $790,000 | -54.2% | 0.2% |
| USAA Federal Savings Bank | $1,265,000 | $790,000 | -37.5% | 0.2% |
| DELTA COMMUNITY CREDIT UNION | $755,000 | n/a | 0.2% | |
| Mr. Cooper ( Nationstar Mortgage ) | $2,360,000 | $750,000 | -68.2% | 0.2% |
| Citizens Bank | $7,410,000 | $735,000 | -90.1% | 0.2% |
| RESOURCE FINANCIAL SERVICES, INC. | $355,000 | $725,000 | 104.2% | 0.2% |
| Toyota Financial Savings Bank | $1,455,000 | $725,000 | -50.2% | 0.2% |
| NEW DAY FINANCIAL, LLC | $960,000 | $720,000 | -25.0% | 0.2% |
| NEXERA HOLDING LLC | $1,355,000 | $700,000 | -48.3% | 0.2% |
| BNY Mellon | $1,205,000 | $685,000 | -43.2% | 0.2% |
| MICHIGAN MUTUAL, INC. | $675,000 | n/a | 0.2% | |
| The Loan Store, Inc. | $660,000 | n/a | 0.2% | |
| CIBC Bank USA | $655,000 | n/a | 0.2% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $680,000 | $655,000 | -3.7% | 0.2% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $620,000 | $635,000 | 2.4% | 0.2% |
| American National Bank and Trust Company | $55,000 | $625,000 | 1,036.4% | 0.2% |
| BROKER SOLUTIONS, INC. | $1,270,000 | $625,000 | -50.8% | 0.2% |
| ALLEGACY FEDERAL CREDIT UNION | $345,000 | $620,000 | 79.7% | 0.2% |
| DEEPHAVEN MORTGAGE LLC | $615,000 | n/a | 0.2% | |
| ENCORE BANK | $605,000 | n/a | 0.2% | |
| Atlantic Coast Mortgage, LLC | $595,000 | n/a | 0.2% | |
| Farmers Bank and Trust Company | $595,000 | n/a | 0.2% | |
| Integrity Home Mortgage Corp | $575,000 | n/a | 0.1% | |
| LATINO COMMUNITY CREDIT UNION | $570,000 | n/a | 0.1% | |
| First Bank | $2,900,000 | $560,000 | -80.7% | 0.1% |
| Peoples Bank | $820,000 | $550,000 | -32.9% | 0.1% |
| First Federal Savings Bank of Lincolnton | $1,185,000 | $545,000 | -54.0% | 0.1% |
| GUILD MORTGAGE COMPANY | $715,000 | $545,000 | -23.8% | 0.1% |
| AgFirst Farm Credit Bank | $530,000 | $520,000 | -1.9% | 0.1% |
| CBM Mortgage, Inc. | $515,000 | n/a | 0.1% | |
| NexBank | $445,000 | $515,000 | 15.7% | 0.1% |
| HomeTrust Bank | $1,370,000 | $500,000 | -63.5% | 0.1% |
| BancorpSouth | $495,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $2,635,000 | $495,000 | -81.2% | 0.1% |
| Waterstone Mortgage Corporation | $475,000 | $495,000 | 4.2% | 0.1% |
| Figure Lending LLC | $55,000 | $485,000 | 781.8% | 0.1% |
| North State Bank | $1,090,000 | $485,000 | -55.5% | 0.1% |
| South State Bank | $4,785,000 | $470,000 | -90.2% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $1,950,000 | $465,000 | -76.2% | 0.1% |
| NEWREZ LLC | $665,000 | $460,000 | -30.8% | 0.1% |
| ALL REVERSE MORTGAGE, INC. | $445,000 | n/a | 0.1% | |
| EASTMAN | $415,000 | n/a | 0.1% | |
| ServisFirst Bank | $405,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $385,000 | $395,000 | 2.6% | 0.1% |
| North American Savings Bank, F.S.B. | $375,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $405,000 | $365,000 | -9.9% | 0.1% |
| Farmers Bank & Trust | $445,000 | $365,000 | -18.0% | 0.1% |
| Corporate Investors Mortgage Group, Inc. | $2,675,000 | $360,000 | -86.5% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $355,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $255,000 | $355,000 | 39.2% | 0.1% |
| CLEARPATH LENDING | $345,000 | n/a | 0.1% | |
| Andrew Johnson Bank | $1,055,000 | $335,000 | -68.2% | 0.1% |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $570,000 | $335,000 | -41.2% | 0.1% |
| First Financial Bank | $325,000 | n/a | 0.1% | |
| FOUNDERS FEDERAL CREDIT UNION | $740,000 | $315,000 | -57.4% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $315,000 | n/a | 0.1% | |
| OCMBC, INC. | $315,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $305,000 | n/a | 0.1% | |
| EXCITE Credit Union | $305,000 | n/a | 0.1% | |
| The Conway National Bank | $305,000 | n/a | 0.1% | |
| FREEDOM MORTGAGE CORPORATION | $2,185,000 | $295,000 | -86.5% | 0.1% |
| LIMA ONE CAPITAL, LLC | $870,000 | $295,000 | -66.1% | 0.1% |
| TJC Mortgage, Inc. | $1,595,000 | $285,000 | -82.1% | 0.1% |
| First Merchants Bank | $275,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $140,000 | $265,000 | 89.3% | 0.1% |
| Uwharrie Bank | $3,920,000 | $260,000 | -93.4% | 0.1% |
| East Coast Capital Corp. | $255,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $245,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $245,000 | n/a | 0.1% | |
| WINGS FINANCIAL | $665,000 | $240,000 | -63.9% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $395,000 | $235,000 | -40.5% | 0.1% |
| EQUITY RESOURCES, INC. | $1,190,000 | $235,000 | -80.3% | 0.1% |
| UIF CORPORATION | $205,000 | $235,000 | 14.6% | 0.1% |
| First IC Corporation | $225,000 | n/a | 0.1% | |
| LADERA LENDING, INC. | $225,000 | n/a | 0.1% | |
| GARDNER FINANCIAL SERVICES, LTD. | $215,000 | n/a | 0.1% | |
| Notre Dame Federal Credit Union Corporation | $215,000 | n/a | 0.1% | |
| BMO Harris Bank | $205,000 | n/a | 0.1% | |
| Connexus Credit Union | $205,000 | n/a | 0.1% | |
| First Reliance Bank | $395,000 | $205,000 | -48.1% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $205,000 | n/a | 0.1% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $205,000 | n/a | 0.1% | |
| Empower Federal Credit Union | $195,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $245,000 | $195,000 | -20.4% | 0.0% |
| Truliant Federal Credit Union | $1,135,000 | $190,000 | -83.3% | 0.0% |
| AMWEST FUNDING CORP. | $185,000 | n/a | 0.0% | |
| Discover Bank | $395,000 | $185,000 | -53.2% | 0.0% |
| The Federal Savings Bank | $275,000 | $185,000 | -32.7% | 0.0% |
| RTP Federal Credit Union | $175,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $195,000 | $155,000 | -20.5% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $245,000 | $155,000 | -36.7% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $75,000 | $145,000 | 93.3% | 0.0% |
| EMBRACE HOME LOANS, INC. | $145,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $125,000 | n/a | 0.0% | |
| First Carolina Bank | $11,635,000 | $125,000 | -98.9% | 0.0% |
| SONABANK | $205,000 | $105,000 | -48.8% | 0.0% |
| Stifel Bank and Trust | $885,000 | $105,000 | -88.1% | 0.0% |
| CORNING | $100,000 | n/a | 0.0% | |
| FirstBank | $300,000 | $95,000 | -68.3% | 0.0% |
| The Fidelity Bank | $5,060,000 | $95,000 | -98.1% | 0.0% |
| LOANDEPOT.COM, LLC | $3,130,000 | $85,000 | -97.3% | 0.0% |
| Bethpage Federal Credit Union | $35,000 | n/a | 0.0% | |
| FREEDOM FIRST | $855,000 | $15,000 | -98.2% | 0.0% |
Boone's top lender by overall market share is STATE EMPLOYEES', with 14.7% market share. In second place, with 7.4%, is First-Citizens Bank & Trust Company, having originated $28,755,000 in loans. In third place, with 5.1%, is Truist, having originated $19,725,000 in loans. In fourth place, with 4.4%, is MOVEMENT MORTGAGE, LLC, having originated $17,030,000 in loans. In fifth place, with 4.2%, is Bank of America, having originated $16,455,000 in loans.
Boone Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Boone (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 | $346,375 (15.8%) | $493,892 (17.7%) | 0.00 | 708 |
| 2018-02-01 | $354,450 (19.5%) | $510,990 (25.4%) | 0.00 | 693 |
| 2018-03-01 | $374,950 (25.3%) | $523,338 (26.5%) | 0.00 | 691 |
| 2018-04-01 | $359,250 (19.8%) | $516,660 (24.3%) | 0.00 | 727 |
| 2018-05-01 | $360,975 (43.0%) | $512,247 (39.2%) | 0.00 | 778 |
| 2018-06-01 | $378,000 (90.0%) | $522,783 (67.8%) | 0.00 | 870 |
| 2018-07-01 | $289,000 (44.6%) | $428,860 (35.7%) | 0.00 | 1,297 |
| 2018-08-01 | $199,000 (-39.6%) | $325,938 (-28.4%) | 0.00 | 1,651 |
| 2018-09-01 | $199,000 (-39.7%) | $327,147 (-29.1%) | 0.00 | 1,643 |
| 2018-10-01 | $189,950 (-42.6%) | $322,514 (-31.0%) | 0.00 | 1,620 |
| 2018-11-01 | $179,125 (-45.4%) | $312,033 (-32.8%) | 0.00 | 1,569 |
| 2018-12-01 | $169,900 (-48.4%) | $309,238 (-35.2%) | 0.00 | 1,462 |
| 2019-01-01 | $159,406 (-54.0%) | $301,611 (-38.9%) | 0.00 | 1,309 |
| 2019-02-01 | $150,000 (-57.7%) | $296,573 (-42.0%) | 0.00 | 1,312 |
| 2019-03-01 | $256,714 (-31.5%) | $421,427 (-19.5%) | 0.00 | 1,007 |
| 2019-04-01 | $399,000 (11.1%) | $580,398 (12.3%) | 0.00 | 604 |
| 2019-05-01 | $393,724 (9.1%) | $573,043 (11.9%) | 0.00 | 594 |
| 2019-06-01 | $399,000 (5.6%) | $579,251 (10.8%) | 0.00 | 659 |
| 2019-07-01 | $399,000 (38.1%) | $585,451 (36.5%) | 0.00 | 691 |
| 2019-08-01 | $404,455 (103.2%) | $596,066 (82.9%) | 0.00 | 673 |
| 2019-09-01 | $412,636 (107.4%) | $608,081 (85.9%) | 0.00 | 647 |
| 2019-10-01 | $421,950 (122.1%) | $618,703 (91.8%) | 0.00 | 620 |
| 2019-11-01 | $422,450 (135.8%) | $616,801 (97.7%) | 0.00 | 542 |
| 2019-12-01 | $417,475 (145.7%) | $611,010 (97.6%) | 0.00 | 494 |
| 2020-01-01 | $421,225 (164.3%) | $617,287 (104.7%) | 0.00 | 436 |
| 2020-02-01 | $435,000 (190.0%) | $630,871 (112.7%) | 0.00 | 412 |
| 2020-03-01 | $449,000 (74.9%) | $624,023 (48.1%) | 0.00 | 418 |
| 2020-04-01 | $449,000 (12.5%) | $627,508 (8.1%) | 0.00 | 422 |
| 2020-05-01 | $450,000 (14.3%) | $651,679 (13.7%) | 0.00 | 424 |
| 2020-06-01 | $460,975 (15.5%) | $661,925 (14.3%) | 0.00 | 390 |
| 2020-07-01 | $485,250 (21.6%) | $707,508 (20.9%) | 0.00 | 333 |
| 2020-08-01 | $498,500 (23.3%) | $718,827 (20.6%) | 0.00 | 266 |
| 2020-09-01 | $499,225 (21.0%) | $746,642 (22.8%) | 0.00 | 239 |
| 2020-10-01 | $524,900 (24.4%) | $754,540 (22.0%) | 0.00 | 212 |
| 2020-11-01 | $517,500 (22.5%) | $780,550 (26.6%) | 0.00 | 192 |
| 2020-12-01 | $499,475 (19.6%) | $760,322 (24.4%) | 0.00 | 173 |
| 2021-01-01 | $499,000 (18.5%) | $767,078 (24.3%) | 0.00 | 145 |
| 2021-02-01 | $570,000 (31.0%) | $905,281 (43.5%) | 0.00 | 127 |
| 2021-03-01 | $564,725 (25.8%) | $924,602 (48.2%) | 0.00 | 111 |
| 2021-04-01 | $597,250 (33.0%) | $972,938 (55.1%) | 0.00 | 117 |
| 2021-05-01 | $632,000 (40.4%) | $985,892 (51.3%) | 0.00 | 162 |
| 2021-06-01 | $612,000 (32.8%) | $920,149 (39.0%) | 0.00 | 192 |
| 2021-07-01 | $599,450 (23.5%) | $890,711 (25.9%) | 0.00 | 215 |
| 2021-08-01 | $580,725 (16.5%) | $878,825 (22.3%) | 0.00 | 203 |
| 2021-09-01 | $593,975 (19.0%) | $880,738 (18.0%) | 0.00 | 179 |
| 2021-10-01 | $592,500 (12.9%) | $811,620 (7.6%) | 0.00 | 175 |
| 2021-11-01 | $555,950 (7.4%) | $766,958 (-1.7%) | 0.00 | 151 |
| 2021-12-01 | $596,000 (19.3%) | $817,937 (7.6%) | 0.00 | 114 |
| 2022-01-01 | $727,000 (45.7%) | $1,048,855 (36.7%) | 0.00 | 90 |
| 2022-02-01 | $712,000 (24.9%) | $1,053,424 (16.4%) | 0.00 | 87 |
| 2022-03-01 | $727,500 (28.8%) | $1,064,925 (15.2%) | 0.00 | 96 |
| 2022-04-01 | $642,450 (7.6%) | $944,956 (-2.9%) | 0.00 | 124 |
| 2022-05-01 | $638,432 (1.0%) | $916,245 (-7.1%) | 0.00 | 171 |
| 2022-06-01 | $658,500 (7.6%) | $853,659 (-7.2%) | 0.00 | 224 |
| 2022-07-01 | $658,500 (9.9%) | $850,569 (-4.5%) | 0.00 | 290 |
| 2022-08-01 | $649,925 (11.9%) | $849,099 (-3.4%) | 0.00 | 281 |
| 2022-09-01 | $699,450 (17.8%) | $928,004 (5.4%) | 0.00 | 246 |
| 2022-10-01 | $699,000 (18.0%) | $933,858 (15.1%) | 0.00 | 220 |
| 2022-11-01 | $699,000 (25.7%) | $939,667 (22.5%) | 0.00 | 212 |
| 2022-12-01 | $699,000 (17.3%) | $909,155 (11.2%) | 0.00 | 194 |
| 2023-01-01 | $716,070 (-1.5%) | $945,210 (-9.9%) | 0.00 | 163 |
| 2023-02-01 | $699,000 (-1.8%) | $937,519 (-11.0%) | 0.00 | 142 |
| 2023-03-01 | $693,500 (-4.7%) | $929,255 (-12.7%) | 0.00 | 152 |
| 2023-04-01 | $649,900 (1.2%) | $888,814 (-5.9%) | 0.00 | 176 |
| 2023-05-01 | $684,000 (7.1%) | $928,081 (1.3%) | 0.00 | 220 |
| 2023-06-01 | $675,000 (2.5%) | $884,706 (3.6%) | 0.00 | 255 |
| 2023-07-01 | $699,900 (6.3%) | $935,979 (10.0%) | 0.00 | 264 |
| 2023-08-01 | $719,225 (10.7%) | $935,957 (10.2%) | 0.00 | 260 |
| 2023-09-01 | $733,139 (4.8%) | $935,889 (0.9%) | 0.00 | 260 |
| 2023-10-01 | $698,450 (-0.1%) | $931,878 (-0.2%) | 0.00 | 268 |
| 2023-11-01 | $699,000 (0.0%) | $931,497 (-0.9%) | 0.00 | 281 |
| 2023-12-01 | $694,950 (-0.6%) | $927,026 (2.0%) | 0.00 | 279 |
| 2024-01-01 | $663,500 (-7.3%) | $915,886 (-3.1%) | 0.00 | 255 |
| 2024-02-01 | $658,500 (-5.8%) | $918,474 (-2.0%) | 0.00 | 232 |
| 2024-03-01 | $689,000 (-0.7%) | $953,913 (2.7%) | 0.00 | 231 |
Boone's median listing price for 2024-03-01 was $689,000, a difference of
$-4,500
(-0.7%) versus the prior year and
$30,500 versus the prior month.
Boone's median listing price comes in at 0% of the national average.
Boone's average listing price for 2024-03-01 was $953,913, a difference of $24,658 (2.7%) versus the prior year and $35,439 versus the prior month.
For the 2024-03-01 period, Boone had 231 MLS listings, a difference of -1 listings (0%) versus the prior month and 79 listings (52%) versus the prior year.
Boone's median listing price comes in at 0% of the national average.
Boone's average listing price for 2024-03-01 was $953,913, a difference of $24,658 (2.7%) versus the prior year and $35,439 versus the prior month.
For the 2024-03-01 period, Boone had 231 MLS listings, a difference of -1 listings (0%) versus the prior month and 79 listings (52%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Boone (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,061 sqft |
| 2018-02-01 | 0 days | 2,091 sqft |
| 2018-03-01 | 0 days | 2,147 sqft |
| 2018-04-01 | 0 days | 2,144 sqft |
| 2018-05-01 | 0 days | 2,154 sqft |
| 2018-06-01 | 0 days | 2,185 sqft |
| 2018-07-01 | 0 days | 2,199 sqft |
| 2018-08-01 | 0 days | 2,165 sqft |
| 2018-09-01 | 0 days | 2,182 sqft |
| 2018-10-01 | 0 days | 2,182 sqft |
| 2018-11-01 | 0 days | 2,166 sqft |
| 2018-12-01 | 0 days | 2,197 sqft |
| 2019-01-01 | 0 days | 2,186 sqft |
| 2019-02-01 | 0 days | 2,173 sqft |
| 2019-03-01 | 0 days | 2,238 sqft |
| 2019-04-01 | 0 days | 2,234 sqft |
| 2019-05-01 | 0 days | 2,169 sqft |
| 2019-06-01 | 0 days | 2,210 sqft |
| 2019-07-01 | 0 days | 2,297 sqft |
| 2019-08-01 | 0 days | 2,327 sqft |
| 2019-09-01 | 0 days | 2,368 sqft |
| 2019-10-01 | 0 days | 2,407 sqft |
| 2019-11-01 | 0 days | 2,372 sqft |
| 2019-12-01 | 0 days | 2,305 sqft |
| 2020-01-01 | 0 days | 2,332 sqft |
| 2020-02-01 | 0 days | 2,400 sqft |
| 2020-03-01 | 0 days | 2,327 sqft |
| 2020-04-01 | 0 days | 2,298 sqft |
| 2020-05-01 | 0 days | 2,352 sqft |
| 2020-06-01 | 0 days | 2,378 sqft |
| 2020-07-01 | 0 days | 2,526 sqft |
| 2020-08-01 | 0 days | 2,534 sqft |
| 2020-09-01 | 0 days | 2,513 sqft |
| 2020-10-01 | 0 days | 2,406 sqft |
| 2020-11-01 | 0 days | 2,408 sqft |
| 2020-12-01 | 0 days | 2,365 sqft |
| 2021-01-01 | 0 days | 2,278 sqft |
| 2021-02-01 | 0 days | 2,538 sqft |
| 2021-03-01 | 0 days | 2,418 sqft |
| 2021-04-01 | 0 days | 2,502 sqft |
| 2021-05-01 | 0 days | 2,605 sqft |
| 2021-06-01 | 0 days | 2,583 sqft |
| 2021-07-01 | 0 days | 2,533 sqft |
| 2021-08-01 | 0 days | 2,402 sqft |
| 2021-09-01 | 0 days | 2,358 sqft |
| 2021-10-01 | 0 days | 2,172 sqft |
| 2021-11-01 | 0 days | 2,037 sqft |
| 2021-12-01 | 0 days | 2,130 sqft |
| 2022-01-01 | 0 days | 2,443 sqft |
| 2022-02-01 | 0 days | 2,218 sqft |
| 2022-03-01 | 0 days | 2,231 sqft |
| 2022-04-01 | 0 days | 2,167 sqft |
| 2022-05-01 | 0 days | 2,214 sqft |
| 2022-06-01 | 0 days | 2,222 sqft |
| 2022-07-01 | 0 days | 2,170 sqft |
| 2022-08-01 | 0 days | 2,143 sqft |
| 2022-09-01 | 0 days | 2,193 sqft |
| 2022-10-01 | 0 days | 2,187 sqft |
| 2022-11-01 | 0 days | 2,133 sqft |
| 2022-12-01 | 0 days | 2,116 sqft |
| 2023-01-01 | 0 days | 2,095 sqft |
| 2023-02-01 | 0 days | 2,025 sqft |
| 2023-03-01 | 0 days | 2,040 sqft |
| 2023-04-01 | 0 days | 1,972 sqft |
| 2023-05-01 | 0 days | 2,003 sqft |
| 2023-06-01 | 0 days | 2,024 sqft |
| 2023-07-01 | 0 days | 2,131 sqft |
| 2023-08-01 | 0 days | 2,224 sqft |
| 2023-09-01 | 0 days | 2,164 sqft |
| 2023-10-01 | 0 days | 2,140 sqft |
| 2023-11-01 | 0 days | 2,098 sqft |
| 2023-12-01 | 0 days | 2,073 sqft |
| 2024-01-01 | 0 days | 2,006 sqft |
| 2024-02-01 | 0 days | 1,954 sqft |
| 2024-03-01 | 0 days | 2,076 sqft |
Boone's median listing age (time on market) for 2024-03-01 was 0 days.
Boone's median square footage for active listings during the 2024-03-01 period was 2,076 sqft. One year prior, the average listing was 2,040 sqft.
Boone's median square footage for active listings during the 2024-03-01 period was 2,076 sqft. One year prior, the average listing was 2,040 sqft.
Boone, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 663 | $289,755,000 | $437,036 |
| Home Improvement | 139 | $19,685,000 | $141,619 |
| Other | 138 | $31,240,000 | $226,377 |
| Refi | 121 | $33,165,000 | $274,091 |
| Cash Out Refi | 62 | $16,340,000 | $263,548 |
Boone's most frequently cited loan purpose was Home Purchase, with 663 originations. The 2nd most popular reason was Home Improvement, with 139 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7-8% | 344 | $111,550,000 | $324,273 |
| 6-7% | 324 | $126,190,000 | $389,475 |
| 5-6% | 168 | $81,120,000 | $482,857 |
| Over 8% | 130 | $37,430,000 | $287,923 |
| 4-5% | 124 | $23,840,000 | $192,258 |
| <2.5% | 5 | $845,000 | $169,000 |
| 2.5-3% | 3 | $1,275,000 | $425,000 |
| 3-4% | 2 | $840,000 | $420,000 |
During 2023, Boone's most frequently originated rate bucket was 7-8%, with 344 originations.
Loan Sizing (Boone, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 389 | $111,625,000 | $286,954 |
| $100k-200k | 209 | $29,225,000 | $139,833 |
| $400k-600k | 203 | $98,015,000 | $482,833 |
| $100,000 or less | 171 | $10,305,000 | $60,263 |
| $600k-1000k | 106 | $77,650,000 | $732,547 |
| $Over $1MM | 45 | $63,365,000 | $1,408,111 |
Boone's loan sizing saw the bucket of loans from $200k-400k with 389 originations, totaling $111,625,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 326 | $159,370,000 | $488,865 |
| 80-100% | 280 | $122,200,000 | $436,429 |
| Under 20% | 174 | $12,590,000 | $72,356 |
| 20-40% | 171 | $32,175,000 | $188,158 |
| 40-60% | 143 | $53,535,000 | $374,371 |
| Over 100% | 4 | $2,050,000 | $512,500 |
Boone's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 326 originations, totaling $159,370,000 in origination value.