Brookings Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Brookings averaged 7.14% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.09% and one month ago for the week of 2023-10-19, the average rate was 7.28%.

Brookings's average rate one year ago was 6.26%.

For refis of the same type during the week of 2023-11-22, the average rate was 7.69%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Brookings 30 Year Fixed Rate 2023-11-22 7.14%
Brookings 30 Year Fixed Rate Refi 2023-11-22 7.69%
Brookings 15 Year Fixed Rate 2023-11-22 6.57%
Brookings 15 Year Fixed Rate Refi 2023-11-22 6.67%
Brookings 30 Year FHA 2023-11-22 -0.1%
Brookings 30 Year FHA Refi 2023-11-22 0.2%
Brookings 30 Year USDA 2023-11-22 -0.1%
Brookings 30 Year USDA Refi 2023-11-22 0%
Brookings 30 Year VA 2023-11-22 -0.1%
Brookings 30 Year VA Refi 2023-11-22 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Brookings, OR.

Brookings 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 Brookings, OR 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 28 4.78% $8,000
ROGUE 24 4.88% $4,566
Umpqua Bank 22 4.07% $6,127
CALIBER HOME LOANS, INC. 21 4.84% $5,844
CANOPY MORTGAGE, LLC 15 5.12% $7,089
UNITED WHOLESALE MORTGAGE, LLC 10 4.30% $6,427
JPMorgan Chase Bank 7 4.48% $4,848
LOANDEPOT.COM, LLC 6 3.77% $6,455
U.S. Bank 6 4.81% $6,006
GUILD MORTGAGE COMPANY 6 4.83% $5,467
NATIONS DIRECT MORTGAGE, LLC 5 4.05% $8,021
Wells Fargo Bank 4 4.16% $6,845
CARDINAL FINANCIAL 4 3.40% $7,583
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 5.00% $10,183
BROKER SOLUTIONS, INC. 3 5.21% $10,320
Mr. Cooper ( Nationstar Mortgage ) 3 4.13% $9,285
CHERRY CREEK MORTGAGE, LLC 3 3.83% $6,655
HomeStreet Bank 3 3.83% $4,282
CMG MORTGAGE, INC. 3 5.00% $6,777
SUMMIT FUNDING, INC. 3 4.50% $6,705
MLD MORTGAGE INC. 2 5.24% $9,150
HOME POINT FINANCIAL CORPORATION 2 3.68% $7,681
North American Savings Bank, F.S.B. 2 6.94% $15,001
AMERISAVE MORTGAGE CORPORATION 2 4.13% $7,630
Nations Lending Corporation 2 5.69% $3,497
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.94% $9,307
Washington Federal Bank 2 3.19% $11,211
Charles Schwab Bank, SSB 2 3.55% $5,190
FIRST COMMUNITY 2 3.63% $4,935
Willamette Valley Bank 2 5.13% $9,852
Loan Simple, Inc. 2 4.44% $5,575
Ally Bank 2 3.06% $13,885
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.88% $4,992
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.13% $3,546
SECURITYNATIONAL MORTGAGE COMPANY 1 6.13% $8,854
Semper Home Loans, Inc. 1 3.00% $5,733
STANFORD Federal Credit Union 1 2.88% $5,505
Tri Counties Bank 1 4.00% $4,083
VAN DYK MORTGAGE CORPORATION 1 3.25% $6,449
WASHINGTON STATE EMPLOYEES Credit Union 1 6.13% $4,552
Wyndham Capital Mortgage, Inc. 1 3.88% $7,824
ACADEMY MORTGAGE CORPORATION 1 4.88% $9,977
ZILLOW HOME LOANS, LLC 1 2.75% $3,974
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.88% $6,214
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 4.38% $3,995
Banner Bank 1 5.50% $5,445
BAY EQUITY LLC 1 5.88% $12,294
BETTER MORTGAGE CORPORATION 1 2.75% $18,243
BKCO MORTGAGE, LLC 1 5.75% $4,488
Boeing Employees Credit Union 1 3.50% $8,925
CAPSTONE DIRECT, INC. 1 3.38% $5,062
Citibank 1 5.88% $4,836
CITYWIDE HOME LOANS, LLC 1 5.98% $7,899
CUSTOMER SERVICE MORTGAGE CORPORATION 1 6.13% $5,647
FINANCE OF AMERICA MORTGAGE LLC 1 5.88% $7,010
FirstBank 1 2.88% $3,071
Flagstar Bank, FSB 1 6.00% $10,449
FREEDOM MORTGAGE CORPORATION 1 3.13% $3,309
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 5.00% $7,902
GUARANTEED RATE, INC. 1 5.50% $7,498
Hometown Lenders, Inc. 1 5.75% $8,450
INFINITY EQUITY GROUP, INC. 1 4.13% $6,591
KELLER MORTGAGE, LLC 1 6.38% $2,958
LADERA LENDING, INC. 1 3.63% $4,653
LAND HOME FINANCIAL SERVICES, INC. 1 5.38% $8,640
MANN FINANCIAL INC. 1 5.50% $10,178
MASON MCDUFFIE MORTGAGE CORPORATION 1 3.38% $5,798
Morgan Stanley Private Bank 1 4.20% $3,470
M&T Bank 1 3.25% $8,381
MUFG Union Bank 1 3.25% $4,009
MUTUAL OF OMAHA MORTGAGE, INC. 1 4.00% $4,297
NFM, INC. 1 6.38% $10,261
Northpointe Bank 1 4.50% $3,881
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 5.75% $8,102

Brookings Average Closing Costs & Other Stats

Brookings, OR's 74 lenders originated 607 loans during 2022. The total origination value was $168,315,000, with an average loan value of $277,290.

Brookings's average closing costs are $5,565.

The top Brookings lender as defined by loan originations is QUICKEN LOANS, LLC, with 28 loans originated. Their average total fees are $8,000, which is $3,434 higher than the next largest lender, ROGUE.

The lowest fee Brookings lenders (with over 10 loans originated) are ROGUE ($4,566), CALIBER HOME LOANS, INC. ($5,844), Umpqua Bank ($6,127), UNITED WHOLESALE MORTGAGE, LLC ($6,427) and CANOPY MORTGAGE, LLC ($7,089).

The lowest rate Brookings lenders (with over 10 loans originated) are Umpqua Bank (4.07%), UNITED WHOLESALE MORTGAGE, LLC (4.30%), QUICKEN LOANS, LLC (4.78%), CALIBER HOME LOANS, INC. (4.84%) and ROGUE (4.88%).

Brookings, OR 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
Umpqua Bank $35,310,000 $25,425,000 -28.0% 15.1%
ROGUE $29,090,000 $19,115,000 -34.3% 11.4%
QUICKEN LOANS, LLC $28,270,000 $11,025,000 -61.0% 6.6%
CALIBER HOME LOANS, INC. $16,930,000 $9,225,000 -45.5% 5.5%
CANOPY MORTGAGE, LLC $17,800,000 $7,435,000 -58.2% 4.4%
UNITED WHOLESALE MORTGAGE, LLC $10,815,000 $5,025,000 -53.5% 3.0%
Washington Federal Bank $4,395,000 n/a 2.6%
U.S. Bank $12,890,000 $4,160,000 -67.7% 2.5%
Mortgage Research Center, LLC $4,900,000 $3,575,000 -27.0% 2.1%
GUILD MORTGAGE COMPANY $7,320,000 $2,750,000 -62.4% 1.6%
NATIONS DIRECT MORTGAGE, LLC $1,200,000 $2,740,000 128.3% 1.6%
JPMorgan Chase Bank $6,370,000 $2,730,000 -57.1% 1.6%
Wells Fargo Bank $7,340,000 $2,150,000 -70.7% 1.3%
BROKER SOLUTIONS, INC. $3,365,000 $2,125,000 -36.8% 1.3%
Banner Bank $940,000 $2,100,000 123.4% 1.2%
SUMMIT FUNDING, INC. $1,525,000 $2,005,000 31.5% 1.2%
Evergreen Federal Bank $3,385,000 $1,980,000 -41.5% 1.2%
FREEDOM MORTGAGE CORPORATION $4,460,000 $1,935,000 -56.6% 1.1%
HOME POINT FINANCIAL CORPORATION $2,990,000 $1,890,000 -36.8% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $2,980,000 $1,780,000 -40.3% 1.1%
LOANDEPOT.COM, LLC $8,170,000 $1,720,000 -78.9% 1.0%
AMERICAN ADVISORS GROUP $1,425,000 $1,715,000 20.4% 1.0%
Charles Schwab Bank, SSB $1,640,000 n/a 1.0%
Loan Simple, Inc. $265,000 $1,480,000 458.5% 0.9%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,475,000 $1,465,000 -40.8% 0.9%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $3,805,000 $1,460,000 -61.6% 0.9%
Willamette Valley Bank $1,485,000 $1,430,000 -3.7% 0.8%
Ally Bank $530,000 $1,370,000 158.5% 0.8%
USAA Federal Savings Bank $630,000 $1,360,000 115.9% 0.8%
FINANCE OF AMERICA REVERSE LLC $520,000 $1,335,000 156.7% 0.8%
MLD MORTGAGE INC. $1,325,000 n/a 0.8%
North American Savings Bank, F.S.B. $335,000 $1,270,000 279.1% 0.8%
CMG MORTGAGE, INC. $2,685,000 $1,250,000 -53.4% 0.7%
NAVY FEDERAL CREDIT UNION $1,490,000 $1,170,000 -21.5% 0.7%
First Interstate Bank $1,655,000 $1,065,000 -35.6% 0.6%
HomeStreet Bank $755,000 $1,060,000 40.4% 0.6%
FIRST COMMUNITY $175,000 $1,050,000 500.0% 0.6%
Commerce Home Mortgage, Inc. $770,000 $940,000 22.1% 0.6%
STANFORD Federal Credit Union $905,000 n/a 0.5%
ACADEMY MORTGAGE CORPORATION $1,160,000 $850,000 -26.7% 0.5%
CHERRY CREEK MORTGAGE, LLC $935,000 $845,000 -9.6% 0.5%
Flagstar Bank, FSB $2,220,000 $800,000 -64.0% 0.5%
Wyndham Capital Mortgage, Inc. $660,000 $770,000 16.7% 0.5%
M&T Bank $710,000 n/a 0.4%
Boeing Employees Credit Union $685,000 n/a 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,755,000 $650,000 -63.0% 0.4%
BETTER MORTGAGE CORPORATION $3,905,000 $645,000 -83.5% 0.4%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $645,000 n/a 0.4%
LAND HOME FINANCIAL SERVICES, INC. $1,665,000 $620,000 -62.8% 0.4%
TRIAD FINANCIAL SERVICES, INC. $170,000 $620,000 264.7% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $865,000 $605,000 -30.1% 0.4%
Nations Lending Corporation $705,000 $575,000 -18.4% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,190,000 $560,000 -52.9% 0.3%
21ST MORTGAGE CORPORATION $555,000 n/a 0.3%
Morgan Stanley Private Bank $535,000 $555,000 3.7% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $900,000 $530,000 -41.1% 0.3%
LONGBRIDGE FINANCIAL, LLC $530,000 n/a 0.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,595,000 $505,000 -68.3% 0.3%
MOUNTAIN AMERICA $485,000 n/a 0.3%
Operating Engineers Local Union #3 $485,000 n/a 0.3%
AMERISAVE MORTGAGE CORPORATION $2,435,000 $450,000 -81.5% 0.3%
SECURITYNATIONAL MORTGAGE COMPANY $415,000 n/a 0.2%
Texana Bank $415,000 n/a 0.2%
Armed Forces Bank $405,000 n/a 0.2%
DIRECTORS MORTGAGE, INC. $1,920,000 $405,000 -78.9% 0.2%
LADERA LENDING, INC. $245,000 $405,000 65.3% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $245,000 $405,000 65.3% 0.2%
Semper Home Loans, Inc. $405,000 n/a 0.2%
SUN WEST MORTGAGE COMPANY, INC. $580,000 $395,000 -31.9% 0.2%
ZILLOW HOME LOANS, LLC $810,000 $395,000 -51.2% 0.2%
CUSTOMER SERVICE MORTGAGE CORPORATION $385,000 n/a 0.2%
NFM, INC. $375,000 n/a 0.2%
PACIFIC RESIDENTIAL MORTGAGE, LLC $735,000 $375,000 -49.0% 0.2%
CAPSTONE DIRECT, INC. $365,000 n/a 0.2%
WASHINGTON STATE EMPLOYEES Credit Union $365,000 n/a 0.2%
Dairy State Bank $355,000 n/a 0.2%
EVERETT FINANCIAL, INC. $355,000 n/a 0.2%
INFINITY EQUITY GROUP, INC. $345,000 n/a 0.2%
Tri Counties Bank $650,000 $345,000 -46.9% 0.2%
AMERICAN FINANCING CORPORATION $970,000 $335,000 -65.5% 0.2%
NORTHWEST COMMUNITY $795,000 $335,000 -57.9% 0.2%
S1L, Inc. $855,000 $335,000 -60.8% 0.2%
MID AMERICA MORTGAGE, INC. $325,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $490,000 $325,000 -33.7% 0.2%
FirstBank $1,115,000 $305,000 -72.6% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $295,000 n/a 0.2%
MASON MCDUFFIE MORTGAGE CORPORATION $2,370,000 $295,000 -87.6% 0.2%
BAY EQUITY LLC $660,000 $275,000 -58.3% 0.2%
MANN FINANCIAL INC. $215,000 $275,000 27.9% 0.2%
Sierra Pacific Mortgage Company, Inc. $4,740,000 $275,000 -94.2% 0.2%
PENNYMAC LOAN SERVICES, LLC $6,630,000 $265,000 -96.0% 0.2%
BECKAM FUNDING CORP. $465,000 $255,000 -45.2% 0.2%
Equity Bank $255,000 n/a 0.2%
GUARANTEED RATE, INC. $760,000 $255,000 -66.4% 0.2%
REVERSE MORTGAGE FUNDING LLC $540,000 $255,000 -52.8% 0.2%
Citibank $85,000 $235,000 176.5% 0.1%
VAN DYK MORTGAGE CORPORATION $275,000 $235,000 -14.5% 0.1%
V.I.P. MORTGAGE, INC. $235,000 n/a 0.1%
Northpointe Bank $165,000 $230,000 39.4% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $2,010,000 $225,000 -88.8% 0.1%
CITYWIDE HOME LOANS, LLC $345,000 $215,000 -37.7% 0.1%
Hometown Lenders, Inc. $215,000 n/a 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $215,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $590,000 $205,000 -65.3% 0.1%
NEW DAY FINANCIAL, LLC $1,290,000 $195,000 -84.9% 0.1%
VILLAGE CAPITAL MORTGAGE $345,000 $195,000 -43.5% 0.1%
THRIVENT Federal Credit Union $145,000 $185,000 27.6% 0.1%
BKCO MORTGAGE, LLC $165,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $310,000 $165,000 -46.8% 0.1%
Goldwater Bank, N.A. $165,000 n/a 0.1%
MUFG Union Bank $185,000 $165,000 -10.8% 0.1%
Gallic & Johnson, LLC $155,000 n/a 0.1%
OnPoint Community Credit Union $660,000 $125,000 -81.1% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $115,000 n/a 0.1%
KELLER MORTGAGE, LLC $75,000 n/a 0.0%
OREGON COMMUNITY $405,000 $65,000 -84.0% 0.0%
SPRING EQ, LLC $225,000 $65,000 -71.1% 0.0%

Brookings's top lender by overall market share is Umpqua Bank, with 15.1% market share. In second place, with 11.4%, is ROGUE, having originated $19,115,000 in loans. In third place, with 6.6%, is QUICKEN LOANS, LLC, having originated $11,025,000 in loans. In fourth place, with 5.5%, is CALIBER HOME LOANS, INC., having originated $9,225,000 in loans. In fifth place, with 4.4%, is CANOPY MORTGAGE, LLC, having originated $7,435,000 in loans.


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

Realtor.com - Brookings (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 $394,175 (-2.2%) $630,947 (4.5%) 0.00 240
2018-02-01 $397,000 (-7.9%) $635,962 (3.4%) 0.00 234
2018-03-01 $399,900 (-5.9%) $646,287 (4.4%) 0.00 245
2018-04-01 $413,000 (-7.3%) $659,928 (6.4%) 0.00 243
2018-05-01 $426,000 (-2.6%) $691,836 (11.1%) 0.00 247
2018-06-01 $434,500 (8.7%) $666,122 (10.5%) 0.00 262
2018-07-01 $447,000 (12.0%) $662,422 (9.2%) 0.00 282
2018-08-01 $447,175 (7.2%) $657,509 (5.2%) 0.00 279
2018-09-01 $454,500 (13.6%) $684,817 (10.9%) 0.00 257
2018-10-01 $485,000 (18.4%) $693,655 (12.7%) 0.00 248
2018-11-01 $477,975 (16.7%) $671,180 (10.6%) 0.00 227
2018-12-01 $484,500 (21.4%) $666,904 (5.0%) 0.00 213
2019-01-01 $478,000 (21.3%) $654,424 (3.7%) 0.00 207
2019-02-01 $446,750 (12.5%) $640,521 (0.7%) 0.00 209
2019-03-01 $446,814 (11.7%) $634,397 (-1.8%) 0.00 227
2019-04-01 $447,064 (8.3%) $650,415 (-1.4%) 0.00 230
2019-05-01 $431,125 (1.2%) $626,571 (-9.4%) 0.00 248
2019-06-01 $432,500 (-0.5%) $615,741 (-7.6%) 0.00 270
2019-07-01 $433,500 (-3.0%) $624,104 (-5.8%) 0.00 251
2019-08-01 $429,909 (-3.9%) $626,004 (-4.8%) 0.00 241
2019-09-01 $437,273 (-3.8%) $627,822 (-8.3%) 0.00 230
2019-10-01 $446,500 (-7.9%) $629,034 (-9.3%) 0.00 217
2019-11-01 $450,000 (-5.9%) $633,894 (-5.6%) 0.00 189
2019-12-01 $454,250 (-6.2%) $639,884 (-4.1%) 0.00 165
2020-01-01 $453,250 (-5.2%) $637,477 (-2.6%) 0.00 153
2020-02-01 $450,000 (0.7%) $651,586 (1.7%) 0.00 144
2020-03-01 $460,450 (3.1%) $598,505 (-5.7%) 0.00 140
2020-04-01 $453,800 (1.5%) $635,046 (-2.4%) 0.00 147
2020-05-01 $449,250 (4.2%) $644,887 (2.9%) 0.00 149
2020-06-01 $448,000 (3.6%) $597,634 (-2.9%) 0.00 151
2020-07-01 $444,000 (2.4%) $606,631 (-2.8%) 0.00 143
2020-08-01 $449,450 (4.6%) $639,364 (2.1%) 0.00 118
2020-09-01 $449,500 (2.8%) $636,388 (1.4%) 0.00 96
2020-10-01 $422,500 (-5.4%) $600,705 (-4.5%) 0.00 95
2020-11-01 $438,500 (-2.6%) $643,956 (1.6%) 0.00 87
2020-12-01 $460,000 (1.3%) $671,875 (5.0%) 0.00 81
2021-01-01 $447,500 (-1.3%) $710,811 (11.5%) 0.00 68
2021-02-01 $434,800 (-3.4%) $608,668 (-6.6%) 0.00 58
2021-03-01 $451,750 (-1.9%) $838,685 (40.1%) 0.00 54
2021-04-01 $553,725 (22.0%) $1,026,183 (61.6%) 0.00 59
2021-05-01 $550,000 (22.4%) $929,291 (44.1%) 0.00 77
2021-06-01 $537,450 (20.0%) $923,038 (54.5%) 0.00 82
2021-07-01 $542,950 (22.3%) $851,526 (40.4%) 0.00 88
2021-08-01 $579,000 (28.8%) $898,508 (40.5%) 0.00 82
2021-09-01 $591,750 (31.7%) $933,123 (46.6%) 0.00 72
2021-10-01 $594,500 (40.7%) $927,328 (54.4%) 0.00 70
2021-11-01 $584,000 (33.2%) $966,436 (50.1%) 0.00 65
2021-12-01 $582,700 (26.7%) $990,805 (47.5%) 0.00 55
2022-01-01 $585,000 (30.7%) $1,031,827 (45.2%) 0.00 43
2022-02-01 $579,000 (33.2%) $1,065,207 (75.0%) 0.00 42
2022-03-01 $623,500 (38.0%) $945,435 (12.7%) 0.00 44
2022-04-01 $599,000 (8.2%) $967,237 (-5.7%) 0.00 46
2022-05-01 $560,750 (2.0%) $1,058,007 (13.9%) 0.00 52
2022-06-01 $604,250 (12.4%) $965,040 (4.6%) 0.00 75
2022-07-01 $649,000 (19.5%) $1,008,452 (18.4%) 0.00 92
2022-08-01 $615,000 (6.2%) $899,530 (0.1%) 0.00 112
2022-09-01 $588,975 (-0.5%) $909,741 (-2.5%) 0.00 106
2022-10-01 $577,000 (-2.9%) $964,074 (4.0%) 0.00 98
2022-11-01 $629,500 (7.8%) $1,048,984 (8.5%) 0.00 99
2022-12-01 $637,250 (9.4%) $1,076,113 (8.6%) 0.00 86
2023-01-01 $637,000 (8.9%) $1,088,333 (5.5%) 0.00 87
2023-02-01 $643,000 (11.1%) $1,086,356 (2.0%) 0.00 82
2023-03-01 $598,750 (-4.0%) $1,062,781 (12.4%) 0.00 85
2023-04-01 $599,000 (0.0%) $930,473 (-3.8%) 0.00 92
2023-05-01 $590,450 (5.3%) $824,785 (-22.0%) 0.00 108
2023-06-01 $649,250 (7.5%) $879,381 (-8.9%) 0.00 129
2023-07-01 $649,950 (0.2%) $862,055 (-14.5%) 0.00 137
2023-08-01 $649,600 (5.6%) $861,742 (-4.2%) 0.00 144
2023-09-01 $649,250 (10.2%) $853,088 (-6.2%) 0.00 144
2023-10-01 $596,000 (3.3%) $819,667 (-15.0%) 0.00 148
Brookings's median listing price for 2023-10-01 was $596,000, a difference of $19,000 (3.3%) versus the prior year and $-53,250 versus the prior month.

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

Brookings's average listing price for 2023-10-01 was $819,667, a difference of $-144,407 (-15.0%) versus the prior year and $-33,421 versus the prior month.

For the 2023-10-01 period, Brookings had 148 MLS listings, a difference of 4 listings (3%) versus the prior month and 50 listings (51%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Brookings (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,947 sqft
2018-02-01 0 days 1,958 sqft
2018-03-01 0 days 1,991 sqft
2018-04-01 0 days 1,981 sqft
2018-05-01 0 days 2,034 sqft
2018-06-01 0 days 2,046 sqft
2018-07-01 0 days 2,071 sqft
2018-08-01 0 days 2,029 sqft
2018-09-01 0 days 1,960 sqft
2018-10-01 0 days 1,997 sqft
2018-11-01 0 days 2,015 sqft
2018-12-01 0 days 2,015 sqft
2019-01-01 0 days 2,019 sqft
2019-02-01 0 days 2,024 sqft
2019-03-01 0 days 2,010 sqft
2019-04-01 0 days 1,976 sqft
2019-05-01 0 days 1,939 sqft
2019-06-01 0 days 1,959 sqft
2019-07-01 0 days 1,965 sqft
2019-08-01 0 days 1,969 sqft
2019-09-01 0 days 1,973 sqft
2019-10-01 0 days 1,976 sqft
2019-11-01 0 days 1,984 sqft
2019-12-01 0 days 2,008 sqft
2020-01-01 0 days 2,023 sqft
2020-02-01 0 days 2,022 sqft
2020-03-01 0 days 2,049 sqft
2020-04-01 0 days 1,992 sqft
2020-05-01 0 days 1,945 sqft
2020-06-01 0 days 1,945 sqft
2020-07-01 0 days 1,945 sqft
2020-08-01 0 days 1,950 sqft
2020-09-01 0 days 1,933 sqft
2020-10-01 0 days 1,875 sqft
2020-11-01 0 days 1,919 sqft
2020-12-01 0 days 1,885 sqft
2021-01-01 0 days 1,916 sqft
2021-02-01 0 days 1,745 sqft
2021-03-01 0 days 1,945 sqft
2021-04-01 0 days 1,983 sqft
2021-05-01 0 days 1,850 sqft
2021-06-01 0 days 1,743 sqft
2021-07-01 0 days 1,707 sqft
2021-08-01 0 days 1,743 sqft
2021-09-01 0 days 1,807 sqft
2021-10-01 0 days 1,908 sqft
2021-11-01 0 days 1,823 sqft
2021-12-01 0 days 1,787 sqft
2022-01-01 0 days 1,709 sqft
2022-02-01 0 days 1,695 sqft
2022-03-01 0 days 1,807 sqft
2022-04-01 0 days 1,694 sqft
2022-05-01 0 days 1,637 sqft
2022-06-01 0 days 1,661 sqft
2022-07-01 0 days 1,805 sqft
2022-08-01 0 days 1,786 sqft
2022-09-01 0 days 1,832 sqft
2022-10-01 0 days 1,818 sqft
2022-11-01 0 days 1,924 sqft
2022-12-01 0 days 1,932 sqft
2023-01-01 0 days 1,913 sqft
2023-02-01 0 days 1,895 sqft
2023-03-01 0 days 1,812 sqft
2023-04-01 0 days 1,778 sqft
2023-05-01 0 days 1,779 sqft
2023-06-01 0 days 1,815 sqft
2023-07-01 0 days 1,838 sqft
2023-08-01 0 days 1,915 sqft
2023-09-01 0 days 1,789 sqft
2023-10-01 0 days 1,773 sqft
Brookings's median listing age (time on market) for 2023-10-01 was 0 days.

Brookings's median square footage for active listings during the 2023-10-01 period was 1,773 sqft. One year prior, the average listing was 1,818 sqft.

Brookings, OR Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 247 $89,515,000 $362,409
Cash Out Refi 119 $34,685,000 $291,471
Refi 107 $24,395,000 $227,991
Home Improvement 80 $8,860,000 $110,750
Other 54 $10,860,000 $201,111

Brookings's most frequently cited loan purpose was Home Purchase, with 247 originations. The 2nd most popular reason was Cash Out Refi, with 119 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 179 $51,905,000 $289,972
5-6% 114 $34,430,000 $302,018
4-5% 104 $30,560,000 $293,846
2.5-3% 82 $20,450,000 $249,390
6-7% 58 $13,860,000 $238,966
7-8% 33 $7,395,000 $224,091
<2.5% 16 $5,300,000 $331,250
Over 8% 14 $2,080,000 $148,571

During 2022, Brookings's most frequently originated rate bucket was 3-4%, with 179 originations.

Loan Sizing (Brookings, OR MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 253 $73,855,000 $291,917
$100k-200k 133 $19,215,000 $144,474
$100,000 or less 99 $5,975,000 $60,354
$400k-600k 91 $42,285,000 $464,670
$600k-1000k 24 $17,170,000 $715,417
$Over $1MM 7 $9,815,000 $1,402,143

Brookings's loan sizing saw the bucket of loans from $200k-400k with 253 originations, totaling $73,855,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 146 $56,610,000 $387,740
60-80% 140 $53,660,000 $383,286
40-60% 105 $28,635,000 $272,714
20-40% 103 $17,255,000 $167,524
Under 20% 98 $7,090,000 $72,347
Over 100% 4 $1,520,000 $380,000

Brookings's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 146 originations, totaling $56,610,000 in origination value.