Brevard Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Brevard averaged 7.02% 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 6.5% and one month ago for the week of 2024-03-14, the average rate was 6.66%.

    Brevard's average rate one year ago was 6.29%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.4%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Brevard 30 Year Fixed Rate 2024-04-18 7.02%
    Brevard 30 Year Fixed Rate Refi 2024-04-18 7.4%
    Brevard 15 Year Fixed Rate 2024-04-18 6.19%
    Brevard 15 Year Fixed Rate Refi 2024-04-18 6.49%
    Brevard 30 Year FHA 2024-04-18 6.76%
    Brevard 30 Year FHA Refi 2024-04-18 7.06%
    Brevard 30 Year USDA 2024-04-18 6.86%
    Brevard 30 Year USDA Refi 2024-04-18 6.66%
    Brevard 30 Year VA 2024-04-18 6.76%
    Brevard 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Brevard, NC.

    Brevard 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 Brevard, 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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    STATE EMPLOYEES' 21 5.86% $4,547
    QUICKEN LOANS, LLC 21 6.67% $7,220
    First-Citizens Bank & Trust Company 15 6.63% $4,595
    United Community Bank 15 7.08% $6,004
    MOVEMENT MORTGAGE, LLC 13 6.38% $6,548
    First Bank 10 4.42% $3,197
    TD Bank 10 6.28% $4,497
    UNITED WHOLESALE MORTGAGE, LLC 9 6.92% $8,834
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 8 6.75% $7,550
    HOWARD HANNA FINANCIAL SERVICES, INC. 8 6.81% $4,788
    Truist 7 6.14% $5,884
    Bank of America 7 5.96% $6,388
    Champion Credit Union 6 6.71% $5,986
    HomeTrust Bank 6 6.56% $4,219
    GoPrime Mortgage, Inc. 5 6.82% $7,109
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 5 7.60% $7,535
    Fifth Third Bank 4 6.62% $3,886
    GUARANTEED RATE, INC. 4 6.98% $6,898
    CARDINAL FINANCIAL 4 6.68% $11,801
    JPMorgan Chase Bank 4 6.34% $8,226
    NAVY FEDERAL CREDIT UNION 4 5.34% $10,157
    UNITED 4 7.09% $4,478
    Wells Fargo Bank 3 6.13% $4,713
    Mr. Cooper ( Nationstar Mortgage ) 3 6.91% $10,405
    LOANDEPOT.COM, LLC 3 7.16% $6,933
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 3 5.63% $3,115
    Telco Community Credit Union 3 6.78% $5,359
    American Security Mortgage Corp. 3 7.08% $8,173
    The Federal Savings Bank 2 6.81% $6,784
    BROKER SOLUTIONS, INC. 2 7.69% $5,465
    ACOPIA, LLC 2 6.94% $7,543
    Northpointe Bank 2 6.94% $7,785
    EMBRACE HOME LOANS, INC. 2 6.50% $6,239
    South State Bank 2 6.50% $3,702
    UBS Bank USA 2 5.88% $5,426
    Morgan Stanley Private Bank 2 5.53% $6,265
    RADIUS FINANCIAL GROUP INC. 2 7.00% $9,551
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 7.06% $17,555
    Ameris Bank 2 7.93% $5,288
    BAY EQUITY LLC 2 6.81% $6,848
    Synovus Bank 2 6.13% $5,026
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.75% $5,438
    Renasant Bank 1 7.63% $11,251
    RESOURCE FINANCIAL SERVICES, INC. 1 6.75% $3,796
    RUOFF MORTGAGE COMPANY, INC. 1 5.88% $6,106
    Service Federal Credit Union 1 5.88% $5,976
    Strong Home Mortgage, LLC 1 6.13% $2,918
    The Huntington National Bank 1 6.50% $5,395
    The State Bank 1 7.13% $4,062
    THRIVENT Federal Credit Union 1 6.50% $4,753
    UNION HOME MORTGAGE CORP. 1 7.75% $5,910
    U.S. Bank 1 6.25% $10,861
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.99% $5,858
    THE MORTGAGE LINK, INC. 1 7.50% $4,594
    AgFirst Farm Credit Bank 1 6.88% $8,403
    Alcova Mortgage LLC 1 6.50% $3,665
    AMERICAN FINANCING CORPORATION 1 6.99% $3,136
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.13% $5,580
    ANGEL OAK HOME LOANS LLC 1 7.25% $11,634
    BancorpSouth 1 6.50% $5,101
    BETTER MORTGAGE CORPORATION 1 6.25% $2,646
    BNC National Bank 1 6.13% $6,150
    BOKF 1 6.88% $14,242
    CALIBER HOME LOANS, INC. 1 6.50% $20,059
    CAPITAL CENTER, L.L.C. 1 8.00% $0
    Charles Schwab Bank, SSB 1 7.00% $4,889
    CHARLOTTE METRO FEDERAL CREDIT UNION 1 7.25% $5,228
    Citibank 1 5.88% $5,330
    Citizens Bank 1 6.38% $7,904
    COASTAL Federal Credit Union 1 6.00% $3,348
    DELMAR FINANCIAL COMPANY 1 6.25% $5,860
    EVERETT FINANCIAL, INC. 1 7.38% $4,189
    FBC MORTGAGE, LLC 1 6.25% $11,251
    FIRST COMMUNITY MORTGAGE, INC. 1 6.88% $8,116
    First National Bank of Pennsylvania 1 5.38% $4,168
    General Mortgage Capital Corporation 1 6.00% $4,994
    GMFS LLC 1 7.00% $8,101
    Kwik Mortgage Corporation 1 6.63% $2,216
    Magnolia Bank 1 6.13% $5,490
    MASON MCDUFFIE MORTGAGE CORPORATION 1 6.88% $5,812
    MILEND, INC. 1 7.38% $8,211
    MORTGAGE EQUITY PARTNERS LLC 1 7.63% $4,841
    Mortgage Research Center, LLC 1 6.99% $4,434
    NEWREZ LLC 1 7.13% $2,942
    NexBank 1 6.88% $10,447
    PENTAGON FEDERAL CREDIT UNION 1 7.00% $8,077
    Pinnacle Bank 1 7.75% $5,083
    PNC Bank 1 6.88% $4,150
    Presidential Bank, FSB 1 7.50% $4,233
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.13% $16,868
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.38% $6,099
    Princeton Mortgage Corporation 1 5.75% $10,158
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.00% $5,028
    RBC Bank, (Georgia) 1 5.25% $4,494
    Regions Bank 1 5.75% $7,771

    Brevard Average Closing Costs & Other Stats

    Brevard, NC's 95 lenders originated 689 loans during 2023. The total origination value was $191,715,000, with an average loan value of $278,251.

    Brevard's average closing costs are $5,004.

    The top Brevard lender as defined by loan originations is STATE EMPLOYEES', with 21 loans originated. Their average total fees are $4,547, which is $2,673 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Brevard lenders (with over 10 loans originated) are First Bank ($3,197), TD Bank ($4,497), STATE EMPLOYEES' ($4,547), First-Citizens Bank & Trust Company ($4,595) and United Community Bank ($6,004).

    The lowest rate Brevard lenders (with over 10 loans originated) are First Bank (4.42%), STATE EMPLOYEES' (5.86%), TD Bank (6.28%), MOVEMENT MORTGAGE, LLC (6.38%) and First-Citizens Bank & Trust Company (6.63%).

    Brevard, 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
    First-Citizens Bank & Trust Company $23,635,000 $14,995,000 -36.6% 7.8%
    United Community Bank $25,865,000 $14,965,000 -42.1% 7.8%
    QUICKEN LOANS, LLC $17,495,000 $9,765,000 -44.2% 5.1%
    STATE EMPLOYEES' $15,995,000 $9,570,000 -40.2% 5.0%
    Bank of America $5,470,000 $7,700,000 40.8% 4.0%
    MOVEMENT MORTGAGE, LLC $6,985,000 $6,655,000 -4.7% 3.5%
    UNITED WHOLESALE MORTGAGE, LLC $14,380,000 $5,845,000 -59.4% 3.0%
    First Bank $7,620,000 $5,575,000 -26.8% 2.9%
    TD Bank $4,920,000 $5,475,000 11.3% 2.9%
    Truist $8,585,000 $4,860,000 -43.4% 2.5%
    Fifth Third Bank $6,150,000 $3,980,000 -35.3% 2.1%
    HomeTrust Bank $4,035,000 $3,470,000 -14.0% 1.8%
    UNITED $4,960,000 $3,230,000 -34.9% 1.7%
    HOWARD HANNA FINANCIAL SERVICES, INC. $3,090,000 n/a 1.6%
    Wells Fargo Bank $8,995,000 $2,690,000 -70.1% 1.4%
    JPMorgan Chase Bank $6,580,000 $2,435,000 -63.0% 1.3%
    GUARANTEED RATE, INC. $1,345,000 $2,395,000 78.1% 1.2%
    PNC Bank $5,525,000 $2,265,000 -59.0% 1.2%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $2,005,000 $2,180,000 8.7% 1.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,705,000 $2,135,000 -42.4% 1.1%
    NAVY FEDERAL CREDIT UNION $2,055,000 $2,130,000 3.6% 1.1%
    EMBRACE HOME LOANS, INC. $2,090,000 n/a 1.1%
    First National Bank of Pennsylvania $405,000 $2,040,000 403.7% 1.1%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $4,955,000 $2,035,000 -58.9% 1.1%
    CommunityBank of Texas, N.A. $2,005,000 n/a 1.0%
    GoPrime Mortgage, Inc. $2,100,000 $1,900,000 -9.5% 1.0%
    UBS Bank USA $1,750,000 n/a 0.9%
    CARDINAL FINANCIAL $1,065,000 $1,605,000 50.7% 0.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,640,000 $1,545,000 -5.8% 0.8%
    BROKER SOLUTIONS, INC. $1,370,000 $1,525,000 11.3% 0.8%
    Champion Credit Union $1,065,000 $1,520,000 42.7% 0.8%
    Morgan Stanley Private Bank $4,980,000 $1,470,000 -70.5% 0.8%
    Mortgage Research Center, LLC $510,000 $1,445,000 183.3% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $1,895,000 $1,335,000 -29.6% 0.7%
    BETTER MORTGAGE CORPORATION $1,155,000 $1,295,000 12.1% 0.7%
    U.S. Bank $800,000 $1,270,000 58.8% 0.7%
    FAIRWINDS CREDIT UNION $1,185,000 n/a 0.6%
    Strong Home Mortgage, LLC $185,000 $1,140,000 516.2% 0.6%
    American Security Mortgage Corp. $805,000 $1,095,000 36.0% 0.6%
    Synovus Bank $4,170,000 $1,080,000 -74.1% 0.6%
    First Horizon Bank $1,050,000 $1,040,000 -1.0% 0.5%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $4,030,000 $1,035,000 -74.3% 0.5%
    PENTAGON FEDERAL CREDIT UNION $680,000 $995,000 46.3% 0.5%
    The Huntington National Bank $990,000 n/a 0.5%
    LOANDEPOT.COM, LLC $1,385,000 $980,000 -29.2% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,045,000 $970,000 -7.2% 0.5%
    Telco Community Credit Union $1,785,000 $950,000 -46.8% 0.5%
    Citibank $685,000 $895,000 30.7% 0.5%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $890,000 n/a 0.5%
    ACOPIA, LLC $710,000 $870,000 22.5% 0.5%
    Alcova Mortgage LLC $370,000 $830,000 124.3% 0.4%
    Guaranty Bank and Trust Company $815,000 n/a 0.4%
    South State Bank $6,010,000 $795,000 -86.8% 0.4%
    Citizens Bank $3,845,000 $785,000 -79.6% 0.4%
    Southern First Bank $6,195,000 $755,000 -87.8% 0.4%
    NEWREZ LLC $885,000 $750,000 -15.3% 0.4%
    PROVIDENT FUNDING ASSOCIATES, L.P. $750,000 n/a 0.4%
    RADIUS FINANCIAL GROUP INC. $405,000 $740,000 82.7% 0.4%
    RBC Bank, (Georgia) $705,000 n/a 0.4%
    Northpointe Bank $2,150,000 $660,000 -69.3% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $425,000 $655,000 54.1% 0.3%
    CALIBER HOME LOANS, INC. $610,000 $645,000 5.7% 0.3%
    ANGEL OAK HOME LOANS LLC $1,390,000 $640,000 -54.0% 0.3%
    Ameris Bank $865,000 $590,000 -31.8% 0.3%
    Commerce Home Mortgage, Inc. $570,000 n/a 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $395,000 $565,000 43.0% 0.3%
    United Bank $245,000 $555,000 126.5% 0.3%
    FREEDOM MORTGAGE CORPORATION $565,000 $550,000 -2.7% 0.3%
    Pinnacle Bank $4,275,000 $545,000 -87.3% 0.3%
    Magnolia Bank $540,000 n/a 0.3%
    The Federal Savings Bank $235,000 $540,000 129.8% 0.3%
    BancorpSouth $525,000 n/a 0.3%
    FBC MORTGAGE, LLC $115,000 $525,000 356.5% 0.3%
    TruPoint Bank $525,000 n/a 0.3%
    PLAZA HOME MORTGAGE, INC. $515,000 n/a 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $2,225,000 $510,000 -77.1% 0.3%
    CapStar Bank $505,000 n/a 0.3%
    Charles Schwab Bank, SSB $1,575,000 $495,000 -68.6% 0.3%
    General Mortgage Capital Corporation $495,000 n/a 0.3%
    FIRST COMMUNITY MORTGAGE, INC. $490,000 n/a 0.3%
    BAY EQUITY LLC $315,000 $480,000 52.4% 0.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $475,000 n/a 0.2%
    Kwik Mortgage Corporation $475,000 n/a 0.2%
    AgFirst Farm Credit Bank $465,000 n/a 0.2%
    The Central Trust Bank $465,000 n/a 0.2%
    Waterstone Mortgage Corporation $465,000 n/a 0.2%
    NexBank $315,000 $455,000 44.4% 0.2%
    RF Renovo Management Company, LLC $425,000 n/a 0.2%
    CAPITAL CENTER, L.L.C. $655,000 $415,000 -36.6% 0.2%
    Regions Bank $1,120,000 $410,000 -63.4% 0.2%
    BNC National Bank $405,000 n/a 0.2%
    BOKF $405,000 n/a 0.2%
    Towne Bank $295,000 $395,000 33.9% 0.2%
    TOWNE MORTGAGE COMPANY $225,000 $365,000 62.2% 0.2%
    CHARLOTTE METRO FEDERAL CREDIT UNION $230,000 $360,000 56.5% 0.2%
    ALLIANT CREDIT UNION $355,000 n/a 0.2%
    Princeton Mortgage Corporation $660,000 $345,000 -47.7% 0.2%
    University Bank $345,000 n/a 0.2%
    USAA Federal Savings Bank $540,000 $345,000 -36.1% 0.2%
    Assurance Financial Group, L.L.C. $165,000 $335,000 103.0% 0.2%
    EVERETT FINANCIAL, INC. $530,000 $335,000 -36.8% 0.2%
    AMERISAVE MORTGAGE CORPORATION $1,985,000 $320,000 -83.9% 0.2%
    Discover Bank $390,000 $315,000 -19.2% 0.2%
    Bank of Travelers Rest $295,000 n/a 0.2%
    Figure Lending LLC $185,000 $295,000 59.5% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $510,000 $295,000 -42.2% 0.2%
    MASON MCDUFFIE MORTGAGE CORPORATION $295,000 n/a 0.2%
    COASTAL Federal Credit Union $700,000 $285,000 -59.3% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $2,905,000 $285,000 -90.2% 0.1%
    VERITAS FUNDING, LLC $285,000 n/a 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $275,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $265,000 n/a 0.1%
    MORTGAGE EQUITY PARTNERS LLC $255,000 n/a 0.1%
    SPRING EQ, LLC $175,000 $255,000 45.7% 0.1%
    GMFS LLC $245,000 n/a 0.1%
    EMM LOANS LLC $450,000 $225,000 -50.0% 0.1%
    RELIANCE FIRST CAPITAL, LLC $135,000 $225,000 66.7% 0.1%
    Renasant Bank $805,000 $225,000 -72.0% 0.1%
    LIMA ONE CAPITAL, LLC $215,000 n/a 0.1%
    NEXERA HOLDING LLC $205,000 n/a 0.1%
    Service Federal Credit Union $205,000 n/a 0.1%
    The State Bank $205,000 n/a 0.1%
    1ST SIGNATURE LENDING, LLC $665,000 $195,000 -70.7% 0.1%
    Integrity Home Mortgage Corp $195,000 n/a 0.1%
    MILEND, INC. $195,000 n/a 0.1%
    THE MORTGAGE LINK, INC. $195,000 n/a 0.1%
    PENNYMAC LOAN SERVICES, LLC $1,280,000 $185,000 -85.5% 0.1%
    DELMAR FINANCIAL COMPANY $175,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $175,000 $175,000 0.0% 0.1%
    UNION HOME MORTGAGE CORP. $2,455,000 $175,000 -92.9% 0.1%
    Third Federal Savings and Loan Association of Cleveland $1,500,000 $170,000 -88.7% 0.1%
    DEEPHAVEN MORTGAGE LLC $145,000 $165,000 13.8% 0.1%
    AmeriHome Mortgage Company, LLC $1,490,000 $155,000 -89.6% 0.1%
    THRIVENT Federal Credit Union $145,000 n/a 0.1%
    RESOURCE FINANCIAL SERVICES, INC. $525,000 $135,000 -74.3% 0.1%
    State Department Federal Credit Union $125,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $85,000 $115,000 35.3% 0.1%
    Liberty Savings Bank, F.S.B. $105,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $970,000 $95,000 -90.2% 0.0%
    FINANCE OF AMERICA REVERSE LLC $1,830,000 $95,000 -94.8% 0.0%
    Bethpage Federal Credit Union $105,000 $75,000 -28.6% 0.0%
    Flagstar Bank, FSB $570,000 $75,000 -86.8% 0.0%
    Presidential Bank, FSB $75,000 n/a 0.0%
    SOUTHWEST STAGE FUNDING, LLC $680,000 $75,000 -89.0% 0.0%
    AMERICAN FINANCING CORPORATION $585,000 $55,000 -90.6% 0.0%
    PLANET HOME LENDING, LLC $155,000 $45,000 -71.0% 0.0%
    SUN Federal Credit Union $25,000 n/a 0.0%

    Brevard's top lender by overall market share is First-Citizens Bank & Trust Company, with 7.8% market share. In second place, with 7.8%, is United Community Bank, having originated $14,965,000 in loans. In third place, with 5.1%, is QUICKEN LOANS, LLC, having originated $9,765,000 in loans. In fourth place, with 5.0%, is STATE EMPLOYEES', having originated $9,570,000 in loans. In fifth place, with 4.0%, is Bank of America, having originated $7,700,000 in loans.

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

    Realtor.com - Brevard (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 $379,225 (1.1%) $553,424 (-11.7%) 0.00 477
    2018-02-01 $372,475 (-0.7%) $551,865 (-10.9%) 0.00 461
    2018-03-01 $375,000 (1.0%) $565,005 (-8.1%) 0.00 462
    2018-04-01 $374,950 (0.0%) $552,403 (-8.8%) 0.00 467
    2018-05-01 $384,450 (2.5%) $559,488 (-7.6%) 0.00 480
    2018-06-01 $399,000 (4.1%) $563,884 (-5.5%) 0.00 454
    2018-07-01 $399,000 (1.8%) $561,436 (-5.4%) 0.00 475
    2018-08-01 $399,900 (0.0%) $575,176 (-3.7%) 0.00 464
    2018-09-01 $399,900 (0.0%) $570,906 (-4.6%) 0.00 469
    2018-10-01 $399,900 (0.0%) $573,774 (-2.7%) 0.00 471
    2018-11-01 $405,475 (1.5%) $575,686 (-1.6%) 0.00 451
    2018-12-01 $419,450 (4.9%) $594,128 (0.7%) 0.00 424
    2019-01-01 $425,000 (12.1%) $607,947 (9.9%) 0.00 371
    2019-02-01 $430,000 (15.4%) $637,451 (15.5%) 0.00 366
    2019-03-01 $435,857 (16.2%) $636,713 (12.7%) 0.00 375
    2019-04-01 $447,357 (19.3%) $635,846 (15.1%) 0.00 389
    2019-05-01 $429,875 (11.8%) $623,398 (11.4%) 0.00 425
    2019-06-01 $439,000 (10.0%) $627,962 (11.4%) 0.00 442
    2019-07-01 $449,500 (12.7%) $651,773 (16.1%) 0.00 442
    2019-08-01 $445,909 (11.5%) $682,560 (18.7%) 0.00 470
    2019-09-01 $439,773 (10.0%) $683,324 (19.7%) 0.00 458
    2019-10-01 $435,682 (9.0%) $683,834 (19.2%) 0.00 445
    2019-11-01 $425,000 (4.8%) $681,717 (18.4%) 0.00 407
    2019-12-01 $425,000 (1.3%) $689,264 (16.0%) 0.00 370
    2020-01-01 $426,000 (0.2%) $684,132 (12.5%) 0.00 340
    2020-02-01 $426,000 (-0.9%) $676,253 (6.1%) 0.00 339
    2020-03-01 $442,250 (1.5%) $685,191 (7.6%) 0.00 329
    2020-04-01 $449,250 (0.4%) $682,397 (7.3%) 0.00 335
    2020-05-01 $475,000 (10.5%) $691,754 (11.0%) 0.00 329
    2020-06-01 $486,750 (10.9%) $716,502 (14.1%) 0.00 309
    2020-07-01 $502,500 (11.8%) $742,887 (14.0%) 0.00 271
    2020-08-01 $505,000 (13.3%) $738,616 (8.2%) 0.00 234
    2020-09-01 $497,475 (13.1%) $735,820 (7.7%) 0.00 202
    2020-10-01 $492,800 (13.1%) $747,116 (9.3%) 0.00 193
    2020-11-01 $462,450 (8.8%) $713,059 (4.6%) 0.00 170
    2020-12-01 $482,500 (13.5%) $742,459 (7.7%) 0.00 151
    2021-01-01 $492,000 (15.5%) $773,261 (13.0%) 0.00 130
    2021-02-01 $579,500 (36.0%) $864,027 (27.8%) 0.00 104
    2021-03-01 $599,000 (35.4%) $878,855 (28.3%) 0.00 103
    2021-04-01 $599,000 (33.3%) $946,815 (38.8%) 0.00 104
    2021-05-01 $650,000 (36.8%) $1,090,843 (57.7%) 0.00 107
    2021-06-01 $620,000 (27.4%) $988,529 (38.0%) 0.00 112
    2021-07-01 $584,999 (16.4%) $925,398 (24.6%) 0.00 110
    2021-08-01 $498,500 (-1.3%) $876,562 (18.7%) 0.00 108
    2021-09-01 $626,000 (25.8%) $909,716 (23.6%) 0.00 106
    2021-10-01 $650,000 (31.9%) $982,712 (31.5%) 0.00 109
    2021-11-01 $744,388 (61.0%) $950,810 (33.3%) 0.00 110
    2021-12-01 $749,000 (55.2%) $981,616 (32.2%) 0.00 93
    2022-01-01 $795,000 (61.6%) $1,119,911 (44.8%) 0.00 79
    2022-02-01 $737,400 (27.3%) $1,092,298 (26.4%) 0.00 73
    2022-03-01 $745,000 (24.4%) $1,074,320 (22.2%) 0.00 72
    2022-04-01 $649,000 (8.4%) $989,630 (4.5%) 0.00 79
    2022-05-01 $603,675 (-7.1%) $927,764 (-15.0%) 0.00 95
    2022-06-01 $632,450 (2.0%) $858,423 (-13.2%) 0.00 115
    2022-07-01 $614,950 (5.1%) $837,671 (-9.5%) 0.00 144
    2022-08-01 $597,200 (19.8%) $797,360 (-9.0%) 0.00 142
    2022-09-01 $585,950 (-6.4%) $766,001 (-15.8%) 0.00 145
    2022-10-01 $600,000 (-7.7%) $785,986 (-20.0%) 0.00 141
    2022-11-01 $575,000 (-22.8%) $756,974 (-20.4%) 0.00 133
    2022-12-01 $599,000 (-20.0%) $815,154 (-17.0%) 0.00 131
    2023-01-01 $593,250 (-25.4%) $870,093 (-22.3%) 0.00 103
    2023-02-01 $562,225 (-23.8%) $850,347 (-22.2%) 0.00 94
    2023-03-01 $595,750 (-20.0%) $819,775 (-23.7%) 0.00 99
    2023-04-01 $620,000 (-4.5%) $876,060 (-11.5%) 0.00 116
    2023-05-01 $625,000 (3.5%) $916,037 (-1.3%) 0.00 126
    2023-06-01 $642,250 (1.6%) $1,015,157 (18.3%) 0.00 122
    2023-07-01 $650,000 (5.7%) $967,969 (15.6%) 0.00 138
    2023-08-01 $664,000 (11.2%) $954,747 (19.7%) 0.00 149
    2023-09-01 $661,500 (12.9%) $991,758 (29.5%) 0.00 149
    2023-10-01 $626,225 (4.4%) $944,253 (20.1%) 0.00 179
    2023-11-01 $649,950 (13.0%) $966,995 (27.7%) 0.00 176
    2023-12-01 $650,000 (8.5%) $917,106 (12.5%) 0.00 144
    2024-01-01 $675,000 (13.8%) $897,459 (3.2%) 0.00 124
    2024-02-01 $685,000 (21.8%) $972,469 (14.4%) 0.00 105
    2024-03-01 $665,000 (11.6%) $981,220 (19.7%) 0.00 124
    Brevard's median listing price for 2024-03-01 was $665,000, a difference of $69,250 (11.6%) versus the prior year and $-20,000 versus the prior month.

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

    Brevard's average listing price for 2024-03-01 was $981,220, a difference of $161,445 (19.7%) versus the prior year and $8,751 versus the prior month.

    For the 2024-03-01 period, Brevard had 124 MLS listings, a difference of 19 listings (18%) versus the prior month and 25 listings (25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Brevard (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,250 sqft
    2018-02-01 0 days 2,250 sqft
    2018-03-01 0 days 2,250 sqft
    2018-04-01 0 days 2,244 sqft
    2018-05-01 0 days 2,250 sqft
    2018-06-01 0 days 2,250 sqft
    2018-07-01 0 days 2,250 sqft
    2018-08-01 0 days 2,250 sqft
    2018-09-01 0 days 2,250 sqft
    2018-10-01 0 days 2,250 sqft
    2018-11-01 0 days 2,250 sqft
    2018-12-01 0 days 2,250 sqft
    2019-01-01 0 days 2,250 sqft
    2019-02-01 0 days 2,290 sqft
    2019-03-01 0 days 2,312 sqft
    2019-04-01 0 days 2,325 sqft
    2019-05-01 0 days 2,304 sqft
    2019-06-01 0 days 2,355 sqft
    2019-07-01 0 days 2,357 sqft
    2019-08-01 0 days 2,356 sqft
    2019-09-01 0 days 2,356 sqft
    2019-10-01 0 days 2,356 sqft
    2019-11-01 0 days 2,339 sqft
    2019-12-01 0 days 2,298 sqft
    2020-01-01 0 days 2,269 sqft
    2020-02-01 0 days 2,250 sqft
    2020-03-01 0 days 2,295 sqft
    2020-04-01 0 days 2,356 sqft
    2020-05-01 0 days 2,460 sqft
    2020-06-01 0 days 2,540 sqft
    2020-07-01 0 days 2,575 sqft
    2020-08-01 0 days 2,544 sqft
    2020-09-01 0 days 2,352 sqft
    2020-10-01 0 days 2,248 sqft
    2020-11-01 0 days 2,115 sqft
    2020-12-01 0 days 2,174 sqft
    2021-01-01 0 days 2,180 sqft
    2021-02-01 0 days 2,371 sqft
    2021-03-01 0 days 2,616 sqft
    2021-04-01 0 days 2,204 sqft
    2021-05-01 0 days 2,252 sqft
    2021-06-01 0 days 2,252 sqft
    2021-07-01 0 days 2,223 sqft
    2021-08-01 0 days 2,086 sqft
    2021-09-01 0 days 2,430 sqft
    2021-10-01 0 days 2,368 sqft
    2021-11-01 0 days 2,364 sqft
    2021-12-01 0 days 2,350 sqft
    2022-01-01 0 days 2,400 sqft
    2022-02-01 0 days 2,289 sqft
    2022-03-01 0 days 2,051 sqft
    2022-04-01 0 days 2,060 sqft
    2022-05-01 0 days 2,069 sqft
    2022-06-01 0 days 2,041 sqft
    2022-07-01 0 days 2,132 sqft
    2022-08-01 0 days 2,064 sqft
    2022-09-01 0 days 2,067 sqft
    2022-10-01 0 days 2,190 sqft
    2022-11-01 0 days 2,139 sqft
    2022-12-01 0 days 2,262 sqft
    2023-01-01 0 days 2,226 sqft
    2023-02-01 0 days 2,006 sqft
    2023-03-01 0 days 2,111 sqft
    2023-04-01 0 days 2,180 sqft
    2023-05-01 0 days 2,160 sqft
    2023-06-01 0 days 2,294 sqft
    2023-07-01 0 days 2,238 sqft
    2023-08-01 0 days 2,290 sqft
    2023-09-01 0 days 2,342 sqft
    2023-10-01 0 days 2,188 sqft
    2023-11-01 0 days 2,119 sqft
    2023-12-01 0 days 2,058 sqft
    2024-01-01 0 days 2,052 sqft
    2024-02-01 0 days 2,019 sqft
    2024-03-01 0 days 2,068 sqft
    Brevard's median listing age (time on market) for 2024-03-01 was 0 days.

    Brevard's median square footage for active listings during the 2024-03-01 period was 2,068 sqft. One year prior, the average listing was 2,111 sqft.

    Brevard, NC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 363 $133,245,000 $367,066
    Home Improvement 114 $17,800,000 $156,140
    Other 79 $14,335,000 $181,456
    Refi 77 $14,635,000 $190,065
    Cash Out Refi 56 $11,700,000 $208,929

    Brevard's most frequently cited loan purpose was Home Purchase, with 363 originations. The 2nd most popular reason was Home Improvement, with 114 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 221 $73,275,000 $331,561
    7-8% 202 $48,700,000 $241,089
    5-6% 132 $44,910,000 $340,227
    Over 8% 98 $14,100,000 $143,878
    4-5% 23 $6,365,000 $276,739
    <2.5% 6 $960,000 $160,000
    2.5-3% 2 $1,180,000 $590,000
    3-4% 1 $245,000 $245,000

    During 2023, Brevard's most frequently originated rate bucket was 6-7%, with 221 originations.

    Loan Sizing (Brevard, NC MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 227 $64,615,000 $284,648
    $100k-200k 183 $25,865,000 $141,339
    $100,000 or less 123 $6,995,000 $56,870
    $400k-600k 101 $47,975,000 $475,000
    $600k-1000k 45 $32,985,000 $733,000
    $Over $1MM 10 $13,280,000 $1,328,000

    Brevard's loan sizing saw the bucket of loans from $200k-400k with 227 originations, totaling $64,615,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 174 $64,540,000 $370,920
    60-80% 162 $64,270,000 $396,728
    Under 20% 138 $12,960,000 $93,913
    20-40% 113 $20,265,000 $179,336
    40-60% 93 $26,545,000 $285,430
    Over 100% 3 $755,000 $251,667

    Brevard's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 174 originations, totaling $64,540,000 in origination value.