Brevard Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brevard averaged
6.63%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
6.51% and
one month ago for the week of 2023-02-16, the
average rate was 6.63%.
Brevard's average rate one year ago was 3.59%.
For refis of the same type during the week of 2023-03-23, the average rate
was 6.36%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
| Brevard 30 Year Fixed Rate | 2023-03-23 | 6.63% |
| Brevard 30 Year Fixed Rate Refi | 2023-03-23 | 6.36% |
| Brevard 15 Year Fixed Rate | 2023-03-23 | 6.25% |
| Brevard 15 Year Fixed Rate Refi | 2023-03-23 | 6.58% |
| Brevard 30 Year FHA | 2023-03-23 | 6.39% |
| Brevard 30 Year FHA Refi | 2023-03-23 | 5.84% |
| Brevard 30 Year USDA | 2023-03-23 | 6.18% |
| Brevard 30 Year USDA Refi | 2023-03-23 | 2.87% |
| Brevard 30 Year VA | 2023-03-23 | 6.08% |
| Brevard 30 Year VA Refi | 2023-03-23 | 5.68% |
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 141 lenders originated 1,097
loans during 2022. The total origination value was $368,005,000, with an average loan value of
$335,465.
Brevard's average closing costs are $4,813.
The top Brevard lender as defined by loan originations is United Community Bank, with
40 loans originated. Their average total fees are
$4,768, which is $2,611
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Brevard lenders (with over 10 loans originated) are
First-Citizens Bank & Trust Company ($4,298), STATE EMPLOYEES' ($4,619), United Community Bank ($4,768), LOCAL GOVERNMENT FEDERAL CREDIT UNION ($4,834) and Wells Fargo Bank ($5,007).
The lowest rate Brevard lenders (with over 10 loans originated) are
LOCAL GOVERNMENT FEDERAL CREDIT UNION (3.72%), STATE EMPLOYEES' (3.95%), First-Citizens Bank & Trust Company (4.14%), Wells Fargo Bank (4.54%) and QUICKEN LOANS, LLC (4.65%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Grandbridge Real Estate Capital LLC | $34,665,000 | n/a | 9.4% | |
| United Community Bank | $38,435,000 | $25,865,000 | -32.7% | 7.0% |
| First-Citizens Bank & Trust Company | $23,930,000 | $23,635,000 | -1.2% | 6.4% |
| QUICKEN LOANS, LLC | $36,210,000 | $17,495,000 | -51.7% | 4.8% |
| STATE EMPLOYEES' | $11,410,000 | $15,995,000 | 40.2% | 4.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $7,285,000 | $14,380,000 | 97.4% | 3.9% |
| Wells Fargo Bank | $19,775,000 | $8,995,000 | -54.5% | 2.4% |
| Truist | $7,295,000 | $8,585,000 | 17.7% | 2.3% |
| First Bank | $8,480,000 | $7,620,000 | -10.1% | 2.1% |
| MOVEMENT MORTGAGE, LLC | $16,940,000 | $6,985,000 | -58.8% | 1.9% |
| JPMorgan Chase Bank | $3,880,000 | $6,580,000 | 69.6% | 1.8% |
| Southern First Bank | $3,750,000 | $6,195,000 | 65.2% | 1.7% |
| Fifth Third Bank | $10,445,000 | $6,150,000 | -41.1% | 1.7% |
| South State Bank | $5,395,000 | $6,010,000 | 11.4% | 1.6% |
| PNC Bank | $4,325,000 | $5,525,000 | 27.7% | 1.5% |
| Bank of America | $12,055,000 | $5,470,000 | -54.6% | 1.5% |
| Morgan Stanley Private Bank | $3,320,000 | $4,980,000 | 50.0% | 1.4% |
| UNITED | $4,175,000 | $4,960,000 | 18.8% | 1.3% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $13,825,000 | $4,955,000 | -64.2% | 1.3% |
| TD Bank | $2,130,000 | $4,920,000 | 131.0% | 1.3% |
| Pinnacle Bank | $830,000 | $4,275,000 | 415.1% | 1.2% |
| Synovus Bank | $1,015,000 | $4,170,000 | 310.8% | 1.1% |
| HomeTrust Bank | $4,570,000 | $4,035,000 | -11.7% | 1.1% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $3,150,000 | $4,030,000 | 27.9% | 1.1% |
| Citizens Bank | $4,065,000 | $3,845,000 | -5.4% | 1.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,015,000 | $3,705,000 | 83.9% | 1.0% |
| Wolfe Financial, Inc | $4,310,000 | $2,940,000 | -31.8% | 0.8% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,630,000 | $2,905,000 | 78.2% | 0.8% |
| Carolina Farm Credit, ACA | $2,605,000 | n/a | 0.7% | |
| UNION HOME MORTGAGE CORP. | $3,370,000 | $2,455,000 | -27.2% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,875,000 | $2,225,000 | -22.6% | 0.6% |
| Northpointe Bank | $325,000 | $2,150,000 | 561.5% | 0.6% |
| Stifel Bank and Trust | $4,470,000 | $2,145,000 | -52.0% | 0.6% |
| GoPrime Mortgage, Inc. | $7,395,000 | $2,100,000 | -71.6% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $2,980,000 | $2,055,000 | -31.0% | 0.6% |
| CMG MORTGAGE, INC. | $680,000 | $2,050,000 | 201.5% | 0.6% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $4,320,000 | $2,005,000 | -53.6% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $4,095,000 | $1,985,000 | -51.5% | 0.5% |
| SUCCESS MORTGAGE PARTNERS, INC. | $3,910,000 | $1,965,000 | -49.7% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,620,000 | $1,895,000 | -27.7% | 0.5% |
| TC FEDERAL BANK | $1,875,000 | n/a | 0.5% | |
| FINANCE OF AMERICA REVERSE LLC | $235,000 | $1,830,000 | 678.7% | 0.5% |
| City National Bank | $1,800,000 | n/a | 0.5% | |
| Telco Community Credit Union | $1,150,000 | $1,785,000 | 55.2% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,595,000 | $1,640,000 | 2.8% | 0.4% |
| Charles Schwab Bank, SSB | $2,515,000 | $1,575,000 | -37.4% | 0.4% |
| Third Federal Savings and Loan Association of Cleveland | $1,500,000 | n/a | 0.4% | |
| AmeriHome Mortgage Company, LLC | $1,970,000 | $1,490,000 | -24.4% | 0.4% |
| ANGEL OAK HOME LOANS LLC | $245,000 | $1,390,000 | 467.3% | 0.4% |
| LOANDEPOT.COM, LLC | $9,815,000 | $1,385,000 | -85.9% | 0.4% |
| BROKER SOLUTIONS, INC. | $2,535,000 | $1,370,000 | -46.0% | 0.4% |
| GUARANTEED RATE, INC. | $4,715,000 | $1,345,000 | -71.5% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $4,075,000 | $1,280,000 | -68.6% | 0.3% |
| Blue Ridge Bank | $2,145,000 | $1,230,000 | -42.7% | 0.3% |
| Red River Bank | $1,205,000 | n/a | 0.3% | |
| BETTER MORTGAGE CORPORATION | $6,125,000 | $1,155,000 | -81.1% | 0.3% |
| HOMESIDE FINANCIAL, LLC | $1,505,000 | $1,140,000 | -24.3% | 0.3% |
| Regions Bank | $4,470,000 | $1,120,000 | -74.9% | 0.3% |
| HOMESTAR FINANCIAL CORPORATION | $1,270,000 | $1,100,000 | -13.4% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,260,000 | $1,065,000 | -52.9% | 0.3% |
| Champion Credit Union | $1,210,000 | $1,065,000 | -12.0% | 0.3% |
| First Horizon Bank | $1,615,000 | $1,050,000 | -35.0% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,500,000 | $1,045,000 | -30.3% | 0.3% |
| CIBC Bank USA | $975,000 | n/a | 0.3% | |
| 21ST MORTGAGE CORPORATION | $220,000 | $970,000 | 340.9% | 0.3% |
| SHARONVIEW FEDERAL CREDIT UNION | $540,000 | $925,000 | 71.3% | 0.3% |
| EagleBank | $995,000 | $910,000 | -8.5% | 0.2% |
| NEWREZ LLC | $1,735,000 | $885,000 | -49.0% | 0.2% |
| North American Savings Bank, F.S.B. | $1,090,000 | $875,000 | -19.7% | 0.2% |
| Ameris Bank | $3,235,000 | $865,000 | -73.3% | 0.2% |
| HAMILTON HOME LOANS, INC. | $845,000 | n/a | 0.2% | |
| American Security Mortgage Corp. | $3,120,000 | $805,000 | -74.2% | 0.2% |
| Renasant Bank | $905,000 | $805,000 | -11.0% | 0.2% |
| U.S. Bank | $2,350,000 | $800,000 | -66.0% | 0.2% |
| REVERSE MORTGAGE FUNDING LLC | $790,000 | n/a | 0.2% | |
| Raymond James Bank | $3,045,000 | $765,000 | -74.9% | 0.2% |
| BNY Mellon | $980,000 | $755,000 | -23.0% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $2,910,000 | $755,000 | -74.1% | 0.2% |
| MCLEAN MORTGAGE CORPORATION | $725,000 | $725,000 | 0.0% | 0.2% |
| ACOPIA, LLC | $1,935,000 | $710,000 | -63.3% | 0.2% |
| COASTAL Federal Credit Union | $290,000 | $700,000 | 141.4% | 0.2% |
| Citibank | $805,000 | $685,000 | -14.9% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $920,000 | $680,000 | -26.1% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $215,000 | $680,000 | 216.3% | 0.2% |
| EQUITY RESOURCES, INC. | $675,000 | n/a | 0.2% | |
| Kish Bank | $675,000 | n/a | 0.2% | |
| 1ST SIGNATURE LENDING, LLC | $165,000 | $665,000 | 303.0% | 0.2% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $665,000 | n/a | 0.2% | |
| DELTA COMMUNITY CREDIT UNION | $355,000 | $660,000 | 85.9% | 0.2% |
| Princeton Mortgage Corporation | $660,000 | n/a | 0.2% | |
| CAPITAL CENTER, L.L.C. | $640,000 | $655,000 | 2.3% | 0.2% |
| FineMark National Bank & Trust | $655,000 | n/a | 0.2% | |
| CALIBER HOME LOANS, INC. | $2,485,000 | $610,000 | -75.5% | 0.2% |
| Southern Bank and Trust Company | $605,000 | n/a | 0.2% | |
| Sunflower Bank | $605,000 | n/a | 0.2% | |
| The Park National Bank | $710,000 | $605,000 | -14.8% | 0.2% |
| ServisFirst Bank | $595,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $235,000 | $585,000 | 148.9% | 0.2% |
| Ally Bank | $580,000 | n/a | 0.2% | |
| CHURCHILL MORTGAGE CORPORATION | $360,000 | $570,000 | 58.3% | 0.2% |
| Flagstar Bank, FSB | $4,960,000 | $570,000 | -88.5% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $5,580,000 | $565,000 | -89.9% | 0.2% |
| Independent Bank | $565,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $185,000 | $555,000 | 200.0% | 0.2% |
| Corporate Investors Mortgage Group, Inc. | $305,000 | $550,000 | 80.3% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $545,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $505,000 | $540,000 | 6.9% | 0.1% |
| Bremer Bank | $535,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $125,000 | $535,000 | 328.0% | 0.1% |
| EVERETT FINANCIAL, INC. | $530,000 | n/a | 0.1% | |
| AMERICAN INTERNET MORTGAGE, INC. | $525,000 | n/a | 0.1% | |
| GrandSouth Bank | $525,000 | n/a | 0.1% | |
| RESOURCE FINANCIAL SERVICES, INC. | $205,000 | $525,000 | 156.1% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,205,000 | $520,000 | -56.8% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $570,000 | $510,000 | -10.5% | 0.1% |
| Mortgage Research Center, LLC | $2,955,000 | $510,000 | -82.7% | 0.1% |
| Mortgage Network, Inc. | $415,000 | $495,000 | 19.3% | 0.1% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $225,000 | $485,000 | 115.6% | 0.1% |
| EMM LOANS LLC | $310,000 | $450,000 | 45.2% | 0.1% |
| AMERICAN ADVISORS GROUP | $165,000 | $445,000 | 169.7% | 0.1% |
| AuburnBank | $445,000 | n/a | 0.1% | |
| SOUTH CAROLINA FEDERAL CREDIT UNION | $165,000 | $445,000 | 169.7% | 0.1% |
| HOMESTEAD FUNDING CORP. | $440,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $435,000 | n/a | 0.1% | |
| Capital City Home Loans, LLC | $430,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $425,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $1,275,000 | $410,000 | -67.8% | 0.1% |
| First National Bank of Pennsylvania | $405,000 | n/a | 0.1% | |
| Piedmont Federal Savings Bank | $405,000 | n/a | 0.1% | |
| RADIUS FINANCIAL GROUP INC. | $155,000 | $405,000 | 161.3% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $135,000 | $395,000 | 192.6% | 0.1% |
| Discover Bank | $85,000 | $390,000 | 358.8% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $355,000 | $385,000 | 8.5% | 0.1% |
| GSF Mortgage Corporation | $205,000 | $385,000 | 87.8% | 0.1% |
| First Palmetto Bank | $650,000 | $375,000 | -42.3% | 0.1% |
| UNIVERSITY CREDIT UNION | $395,000 | $375,000 | -5.1% | 0.1% |
| Alcova Mortgage LLC | $2,165,000 | $370,000 | -82.9% | 0.1% |
| The Old Fort Banking Company | $365,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $575,000 | $360,000 | -37.4% | 0.1% |
| FOUNDERS FEDERAL CREDIT UNION | $355,000 | n/a | 0.1% | |
| The Northern Trust Company | $355,000 | n/a | 0.1% | |
| EVANSVILLE TEACHERS | $345,000 | n/a | 0.1% | |
| First Home Bank | $335,000 | n/a | 0.1% | |
| United Nations Federal Credit Union | $335,000 | n/a | 0.1% | |
| JMJ FINANCIAL GROUP | $325,000 | n/a | 0.1% | |
| BAY EQUITY LLC | $755,000 | $315,000 | -58.3% | 0.1% |
| NexBank | $315,000 | n/a | 0.1% | |
| First Guaranty Mortgage Corporation | $3,345,000 | $305,000 | -90.9% | 0.1% |
| GUILD MORTGAGE COMPANY | $780,000 | $305,000 | -60.9% | 0.1% |
| Merchants Bank of Indiana | $305,000 | n/a | 0.1% | |
| REV FEDERAL CREDIT UNION | $305,000 | n/a | 0.1% | |
| Towne Bank | $295,000 | n/a | 0.1% | |
| ON Q FINANCIAL, INC. | $730,000 | $285,000 | -61.0% | 0.1% |
| CASTLE & COOKE MORTGAGE, LLC | $275,000 | n/a | 0.1% | |
| DIRECT MORTGAGE LOANS, LLC | $205,000 | $275,000 | 34.1% | 0.1% |
| The Monticello Banking Company | $265,000 | n/a | 0.1% | |
| Comerica Bank | $255,000 | n/a | 0.1% | |
| Nations Lending Corporation | $545,000 | $250,000 | -54.1% | 0.1% |
| The Peoples Bank | $245,000 | n/a | 0.1% | |
| United Bank | $215,000 | $245,000 | 14.0% | 0.1% |
| Actors Federal Credit Union | $235,000 | n/a | 0.1% | |
| The Bank of South Carolina | $235,000 | n/a | 0.1% | |
| The Federal Savings Bank | $1,005,000 | $235,000 | -76.6% | 0.1% |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $230,000 | n/a | 0.1% | |
| OVM FINANCIAL, INC. | $225,000 | n/a | 0.1% | |
| Texana Bank | $225,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $225,000 | n/a | 0.1% | |
| MORTGAGE FINANCIAL GROUP, INC. | $545,000 | $215,000 | -60.6% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $210,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $155,000 | $205,000 | 32.3% | 0.1% |
| LOANPAL, LLC | $625,000 | $205,000 | -67.2% | 0.1% |
| MIDLAND MORTGAGE CORPORATION | $305,000 | $205,000 | -32.8% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $195,000 | $195,000 | 0.0% | 0.1% |
| Metro City Bank | $195,000 | n/a | 0.1% | |
| Figure Lending LLC | $25,000 | $185,000 | 640.0% | 0.1% |
| MORIA DEVELOPMENT, INC. | $185,000 | n/a | 0.1% | |
| Strong Home Mortgage, LLC | $185,000 | n/a | 0.1% | |
| RUOFF MORTGAGE COMPANY, INC. | $155,000 | $175,000 | 12.9% | 0.0% |
| SPRING EQ, LLC | $55,000 | $175,000 | 218.2% | 0.0% |
| ZILLOW HOME LOANS, LLC | $205,000 | $175,000 | -14.6% | 0.0% |
| Assurance Financial Group, L.L.C. | $195,000 | $165,000 | -15.4% | 0.0% |
| EASTMAN | $165,000 | n/a | 0.0% | |
| NBKC BANK | $165,000 | n/a | 0.0% | |
| Alpha Mortgage Corporation | $440,000 | $155,000 | -64.8% | 0.0% |
| Arvest Bank | $245,000 | $155,000 | -36.7% | 0.0% |
| PLANET HOME LENDING, LLC | $945,000 | $155,000 | -83.6% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $145,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $565,000 | $135,000 | -76.1% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $135,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $450,000 | $125,000 | -72.2% | 0.0% |
| FBC MORTGAGE, LLC | $1,005,000 | $115,000 | -88.6% | 0.0% |
| Bethpage Federal Credit Union | $125,000 | $105,000 | -16.0% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $85,000 | n/a | 0.0% | |
| Baxter Credit Union | $350,000 | $75,000 | -78.6% | 0.0% |
| TOWER | $250,000 | $75,000 | -70.0% | 0.0% |
| Truliant Federal Credit Union | $140,000 | $75,000 | -46.4% | 0.0% |
| 1ST ADVANTAGE FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| ADDITION FINANCIAL | $65,000 | n/a | 0.0% |
Brevard's top lender by overall market share is Grandbridge Real Estate Capital LLC, with 9.4% market share. In second place, with 7.0%, is United Community Bank, having originated $25,865,000 in loans. In third place, with 6.4%, is First-Citizens Bank & Trust Company, having originated $23,635,000 in loans. In fourth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $17,495,000 in loans. In fifth place, with 4.3%, is STATE EMPLOYEES', having originated $15,995,000 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 (-0.6%) | $562,857 (-11.3%) | 0.00 | 483 |
| 2018-02-01 | $372,500 (-0.7%) | $561,988 (-10.5%) | 0.00 | 467 |
| 2018-03-01 | $375,000 (0.7%) | $573,856 (-8.0%) | 0.00 | 469 |
| 2018-04-01 | $374,975 (0.0%) | $563,415 (-8.1%) | 0.00 | 471 |
| 2018-05-01 | $388,100 (3.2%) | $569,600 (-6.8%) | 0.00 | 484 |
| 2018-06-01 | $399,000 (3.7%) | $570,589 (-5.2%) | 0.00 | 457 |
| 2018-07-01 | $399,225 (1.3%) | $568,696 (-5.0%) | 0.00 | 477 |
| 2018-08-01 | $399,925 (0.0%) | $583,017 (-3.3%) | 0.00 | 465 |
| 2018-09-01 | $404,000 (1.0%) | $578,513 (-4.4%) | 0.00 | 470 |
| 2018-10-01 | $400,925 (0.3%) | $581,462 (-2.5%) | 0.00 | 472 |
| 2018-11-01 | $409,475 (2.5%) | $583,692 (-1.5%) | 0.00 | 452 |
| 2018-12-01 | $424,500 (6.2%) | $602,672 (0.5%) | 0.00 | 425 |
| 2019-01-01 | $425,000 (12.1%) | $612,416 (8.8%) | 0.00 | 371 |
| 2019-02-01 | $432,000 (16.0%) | $642,184 (14.3%) | 0.00 | 366 |
| 2019-03-01 | $437,571 (16.7%) | $641,361 (11.8%) | 0.00 | 375 |
| 2019-04-01 | $447,571 (19.4%) | $640,369 (13.7%) | 0.00 | 389 |
| 2019-05-01 | $433,125 (11.6%) | $627,192 (10.1%) | 0.00 | 425 |
| 2019-06-01 | $444,000 (11.3%) | $630,416 (10.5%) | 0.00 | 443 |
| 2019-07-01 | $449,500 (12.6%) | $654,200 (15.0%) | 0.00 | 447 |
| 2019-08-01 | $449,727 (12.5%) | $685,306 (17.5%) | 0.00 | 475 |
| 2019-09-01 | $449,318 (11.2%) | $686,775 (18.7%) | 0.00 | 463 |
| 2019-10-01 | $449,000 (12.0%) | $687,754 (18.3%) | 0.00 | 450 |
| 2019-11-01 | $425,500 (3.9%) | $683,520 (17.1%) | 0.00 | 411 |
| 2019-12-01 | $426,750 (0.5%) | $691,131 (14.7%) | 0.00 | 374 |
| 2020-01-01 | $429,338 (1.0%) | $684,669 (11.8%) | 0.00 | 342 |
| 2020-02-01 | $429,450 (-0.6%) | $676,843 (5.4%) | 0.00 | 341 |
| 2020-03-01 | $451,500 (3.2%) | $684,893 (6.8%) | 0.00 | 333 |
| 2020-04-01 | $457,000 (2.1%) | $682,135 (6.5%) | 0.00 | 340 |
| 2020-05-01 | $477,300 (10.2%) | $694,768 (10.8%) | 0.00 | 335 |
| 2020-06-01 | $488,225 (10.0%) | $722,888 (14.7%) | 0.00 | 315 |
| 2020-07-01 | $513,700 (14.3%) | $752,315 (15.0%) | 0.00 | 275 |
| 2020-08-01 | $515,000 (14.5%) | $753,061 (9.9%) | 0.00 | 238 |
| 2020-09-01 | $513,450 (14.3%) | $751,709 (9.5%) | 0.00 | 209 |
| 2020-10-01 | $499,000 (11.1%) | $765,175 (11.3%) | 0.00 | 200 |
| 2020-11-01 | $480,000 (12.8%) | $740,780 (8.4%) | 0.00 | 180 |
| 2020-12-01 | $503,750 (18.0%) | $770,324 (11.5%) | 0.00 | 164 |
| 2021-01-01 | $522,500 (21.7%) | $792,337 (15.7%) | 0.00 | 142 |
| 2021-02-01 | $599,000 (39.5%) | $877,759 (29.7%) | 0.00 | 115 |
| 2021-03-01 | $644,500 (42.8%) | $895,329 (30.7%) | 0.00 | 112 |
| 2021-04-01 | $599,000 (31.1%) | $958,400 (40.5%) | 0.00 | 111 |
| 2021-05-01 | $712,000 (49.2%) | $1,104,362 (59.0%) | 0.00 | 116 |
| 2021-06-01 | $657,250 (34.6%) | $1,035,013 (43.2%) | 0.00 | 121 |
| 2021-07-01 | $612,450 (19.2%) | $989,559 (31.5%) | 0.00 | 119 |
| 2021-08-01 | $531,000 (3.1%) | $947,994 (25.9%) | 0.00 | 115 |
| 2021-09-01 | $647,000 (26.0%) | $963,255 (28.1%) | 0.00 | 111 |
| 2021-10-01 | $697,000 (39.7%) | $1,087,783 (42.2%) | 0.00 | 117 |
| 2021-11-01 | $756,250 (57.6%) | $1,059,486 (43.0%) | 0.00 | 118 |
| 2021-12-01 | $775,000 (53.9%) | $1,119,236 (45.3%) | 0.00 | 101 |
| 2022-01-01 | $825,000 (57.9%) | $1,264,286 (59.6%) | 0.00 | 85 |
| 2022-02-01 | $774,500 (29.3%) | $1,232,737 (40.4%) | 0.00 | 79 |
| 2022-03-01 | $773,500 (20.0%) | $1,202,231 (34.3%) | 0.00 | 77 |
| 2022-04-01 | $687,000 (14.7%) | $1,102,722 (15.1%) | 0.00 | 84 |
| 2022-05-01 | $614,450 (-13.7%) | $990,725 (-10.3%) | 0.00 | 99 |
| 2022-06-01 | $649,900 (-1.1%) | $1,016,031 (-1.8%) | 0.00 | 122 |
| 2022-07-01 | $625,000 (2.1%) | $917,325 (-7.3%) | 0.00 | 150 |
| 2022-08-01 | $599,725 (12.9%) | $854,772 (-9.8%) | 0.00 | 145 |
| 2022-09-01 | $592,400 (-8.4%) | $803,024 (-16.6%) | 0.00 | 147 |
| 2022-10-01 | $597,450 (-14.3%) | $804,198 (-26.1%) | 0.00 | 144 |
| 2022-11-01 | $557,000 (-26.4%) | $775,491 (-26.8%) | 0.00 | 136 |
| 2022-12-01 | $599,000 (-22.7%) | $843,207 (-24.7%) | 0.00 | 132 |
| 2023-01-01 | $593,500 (-28.1%) | $892,476 (-29.4%) | 0.00 | 103 |
| 2023-02-01 | $562,225 (-27.4%) | $850,347 (-31.0%) | 0.00 | 94 |
Brevard's median listing price comes in at 0% of the national average.
Brevard's average listing price for 2023-02-01 was $850,347, a difference of $-382,390 (-31.0%) versus the prior year and $-42,129 versus the prior month.
For the 2023-02-01 period, Brevard had 94 MLS listings, a difference of -9 listings (-9%) versus the prior month and 15 listings (19%) 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 | 2,298 sqft |
| 2019-03-01 | 0 days | 2,322 sqft |
| 2019-04-01 | 0 days | 2,333 sqft |
| 2019-05-01 | 0 days | 2,317 sqft |
| 2019-06-01 | 0 days | 2,356 sqft |
| 2019-07-01 | 0 days | 2,356 sqft |
| 2019-08-01 | 0 days | 2,356 sqft |
| 2019-09-01 | 0 days | 2,357 sqft |
| 2019-10-01 | 0 days | 2,357 sqft |
| 2019-11-01 | 0 days | 2,355 sqft |
| 2019-12-01 | 0 days | 2,322 sqft |
| 2020-01-01 | 0 days | 2,295 sqft |
| 2020-02-01 | 0 days | 2,250 sqft |
| 2020-03-01 | 0 days | 2,321 sqft |
| 2020-04-01 | 0 days | 2,364 sqft |
| 2020-05-01 | 0 days | 2,469 sqft |
| 2020-06-01 | 0 days | 2,554 sqft |
| 2020-07-01 | 0 days | 2,595 sqft |
| 2020-08-01 | 0 days | 2,580 sqft |
| 2020-09-01 | 0 days | 2,545 sqft |
| 2020-10-01 | 0 days | 2,342 sqft |
| 2020-11-01 | 0 days | 2,129 sqft |
| 2020-12-01 | 0 days | 2,177 sqft |
| 2021-01-01 | 0 days | 2,181 sqft |
| 2021-02-01 | 0 days | 2,422 sqft |
| 2021-03-01 | 0 days | 2,623 sqft |
| 2021-04-01 | 0 days | 2,206 sqft |
| 2021-05-01 | 0 days | 2,463 sqft |
| 2021-06-01 | 0 days | 2,266 sqft |
| 2021-07-01 | 0 days | 2,237 sqft |
| 2021-08-01 | 0 days | 2,095 sqft |
| 2021-09-01 | 0 days | 2,516 sqft |
| 2021-10-01 | 0 days | 2,400 sqft |
| 2021-11-01 | 0 days | 2,375 sqft |
| 2021-12-01 | 0 days | 2,354 sqft |
| 2022-01-01 | 0 days | 2,400 sqft |
| 2022-02-01 | 0 days | 2,329 sqft |
| 2022-03-01 | 0 days | 2,087 sqft |
| 2022-04-01 | 0 days | 2,060 sqft |
| 2022-05-01 | 0 days | 2,069 sqft |
| 2022-06-01 | 0 days | 2,049 sqft |
| 2022-07-01 | 0 days | 2,120 sqft |
| 2022-08-01 | 0 days | 2,046 sqft |
| 2022-09-01 | 0 days | 2,023 sqft |
| 2022-10-01 | 0 days | 2,168 sqft |
| 2022-11-01 | 0 days | 2,089 sqft |
| 2022-12-01 | 0 days | 2,254 sqft |
| 2023-01-01 | 0 days | 2,187 sqft |
| 2023-02-01 | 0 days | 1,975 sqft |
Brevard's median square footage for active listings during the 2023-02-01 period was 1,975 sqft. One year prior, the average listing was 2,329 sqft.
Brevard, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 516 | $198,990,000 | $385,640 |
| Refi | 195 | $83,165,000 | $426,487 |
| Cash Out Refi | 180 | $49,590,000 | $275,500 |
| Home Improvement | 123 | $14,695,000 | $119,472 |
| Other | 83 | $21,565,000 | $259,819 |
Brevard's most frequently cited loan purpose was Home Purchase, with 516 originations. The 2nd most popular reason was Refi, with 195 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 343 | $105,655,000 | $308,032 |
| 4-5% | 227 | $74,325,000 | $327,423 |
| 5-6% | 227 | $105,525,000 | $464,868 |
| 2.5-3% | 111 | $33,445,000 | $301,306 |
| 6-7% | 110 | $26,710,000 | $242,818 |
| <2.5% | 32 | $9,380,000 | $293,125 |
| 7-8% | 31 | $7,495,000 | $241,774 |
| Over 8% | 12 | $2,380,000 | $198,333 |
During 2022, Brevard's most frequently originated rate bucket was 3-4%, with 343 originations.
Loan Sizing (Brevard, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 445 | $125,605,000 | $282,258 |
| $100k-200k | 265 | $38,725,000 | $146,132 |
| $100,000 or less | 157 | $9,435,000 | $60,096 |
| $400k-600k | 141 | $67,635,000 | $479,681 |
| $600k-1000k | 55 | $40,415,000 | $734,818 |
| $Over $1MM | 34 | $86,190,000 | $2,535,000 |
Brevard's loan sizing saw the bucket of loans from $200k-400k with 445 originations, totaling $125,605,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 310 | $158,320,000 | $510,710 |
| 80-100% | 273 | $100,695,000 | $368,846 |
| 40-60% | 195 | $60,395,000 | $309,718 |
| 20-40% | 172 | $32,870,000 | $191,105 |
| Under 20% | 135 | $10,075,000 | $74,630 |
| Over 100% | 5 | $1,095,000 | $219,000 |
Brevard's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 310 originations, totaling $158,320,000 in origination value.