Brevard Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brevard averaged
6.31%
for the week of 2024-12-05, compared to the national average of
6.69% for the same period.
The average rate for the prior week (2024-11-27) was
6.43% and
one month ago for the week of 2024-10-31, the
average rate was 6.54%.
Brevard's average rate one year ago was 7.04%.
For refis of the same type during the week of 2024-12-05, the average rate
was 6.89%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-05 | 6.69% |
Brevard 30 Year Fixed Rate | 2024-12-05 | 6.31% |
Brevard 30 Year Fixed Rate Refi | 2024-12-05 | 6.89% |
Brevard 15 Year Fixed Rate | 2024-12-05 | 6.16% |
Brevard 15 Year Fixed Rate Refi | 2024-12-05 | 6.16% |
Brevard 30 Year FHA | 2024-12-05 | 6.56% |
Brevard 30 Year FHA Refi | 2024-12-05 | 6.46% |
Brevard 30 Year USDA | 2024-12-05 | 6.33% |
Brevard 30 Year USDA Refi | 2024-12-05 | 6.13% |
Brevard 30 Year VA | 2024-12-05 | 6.24% |
Brevard 30 Year VA Refi | 2024-12-05 | 6.04% |
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.).
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. LouisDate | 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 |
2024-04-01 | $692,000 (11.6%) | $1,097,013 (25.2%) | 0.00 | 142 |
2024-05-01 | $690,500 (10.5%) | $1,089,014 (18.9%) | 0.00 | 163 |
2024-06-01 | $695,000 (8.2%) | $1,206,045 (18.8%) | 0.00 | 182 |
2024-07-01 | $686,250 (5.6%) | $1,237,596 (27.9%) | 0.00 | 189 |
2024-08-01 | $675,000 (1.7%) | $1,251,406 (31.1%) | 0.00 | 198 |
2024-09-01 | $685,750 (3.7%) | $1,215,279 (22.5%) | 0.00 | 197 |
2024-10-01 | $688,500 (9.9%) | $1,249,951 (32.4%) | 0.00 | 193 |
2024-11-01 | $679,000 (4.5%) | $1,206,451 (24.8%) | 0.00 | 190 |
Brevard's median listing price comes in at 0% of the national average.
Brevard's average listing price for 2024-11-01 was $1,206,451, a difference of $239,456 (24.8%) versus the prior year and $-43,500 versus the prior month.
For the 2024-11-01 period, Brevard had 190 MLS listings, a difference of -3 listings (-2%) versus the prior month and 14 listings (8%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Brevard (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 2,255 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 | 2,055 sqft |
2024-02-01 | 0 days | 2,019 sqft |
2024-03-01 | 0 days | 2,068 sqft |
2024-04-01 | 0 days | 2,048 sqft |
2024-05-01 | 0 days | 2,106 sqft |
2024-06-01 | 0 days | 2,064 sqft |
2024-07-01 | 0 days | 2,139 sqft |
2024-08-01 | 0 days | 2,141 sqft |
2024-09-01 | 0 days | 2,135 sqft |
2024-10-01 | 0 days | 2,118 sqft |
2024-11-01 | 0 days | 2,063 sqft |
Brevard's median square footage for active listings during the 2024-11-01 period was 2,063 sqft. One year prior, the average listing was 2,119 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.