Brookings Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Brookings averaged
6.75%
for the week of 2025-04-10, compared to the national average of
6.62% for the same period.
The average rate for the prior week (2025-04-03) was
6.47% and
one month ago for the week of 2025-03-06, the
average rate was 6.66%.
Brookings's average rate one year ago was 6.55%.
For refis of the same type during the week of 2025-04-10, the average rate
was 6.92%.
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.).
Brookings Average Closing Costs & Other Stats
Brookings, OR's 49 lenders originated 374
loans during 2024. The total origination value was $107,420,000, with an average loan value of
$287,219.
Brookings's average closing costs are $6,004.
The top Brookings lender as defined by loan originations is ROGUE, with
33 loans originated. Their average total fees are
$4,777, which is $611
lower than the next largest lender,
NEWREZ LLC.
The lowest fee Brookings lenders (with over 10 loans originated) are
ROGUE ($4,777), NEWREZ LLC ($5,388), QUICKEN LOANS, LLC ($7,533), .
The lowest rate Brookings lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.55%), ROGUE (6.58%), NEWREZ LLC (6.74%), .
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
---|---|---|---|---|
ROGUE | $13,105,000 | $21,550,000 | 64.4% | 20.1% |
Umpqua Bank | $6,645,000 | $9,305,000 | 40.0% | 8.7% |
NEWREZ LLC | $5,945,000 | $8,560,000 | 44.0% | 8.0% |
CANOPY MORTGAGE, LLC | $4,825,000 | $5,525,000 | 14.5% | 5.1% |
QUICKEN LOANS, LLC | $4,180,000 | $4,995,000 | 19.5% | 4.6% |
UNITED WHOLESALE MORTGAGE, LLC | $3,745,000 | $4,790,000 | 27.9% | 4.5% |
JPMorgan Chase Bank | $1,355,000 | $2,645,000 | 95.2% | 2.5% |
U.S. Bank | $6,655,000 | $2,495,000 | -62.5% | 2.3% |
FIRST COMMUNITY | $285,000 | $2,315,000 | 712.3% | 2.2% |
Charles Schwab Bank, SSB | $2,070,000 | n/a | 1.9% | |
GUILD MORTGAGE COMPANY | $3,195,000 | $1,885,000 | -41.0% | 1.8% |
NATIONS DIRECT MORTGAGE, LLC | $1,830,000 | n/a | 1.7% | |
Mortgage Research Center, LLC | $1,085,000 | $1,780,000 | 64.1% | 1.7% |
GUARANTEED RATE, INC. | $770,000 | $1,625,000 | 111.0% | 1.5% |
NAVY FEDERAL CREDIT UNION | $130,000 | $1,400,000 | 976.9% | 1.3% |
PLANET HOME LENDING, LLC | $1,350,000 | n/a | 1.3% | |
PENNYMAC LOAN SERVICES, LLC | $1,105,000 | $1,295,000 | 17.2% | 1.2% |
LOANDEPOT.COM, LLC | $1,290,000 | $1,075,000 | -16.7% | 1.0% |
CREDIT HUMAN FEDERAL CREDIT UNION | $920,000 | $1,010,000 | 9.8% | 0.9% |
DIRECTORS MORTGAGE, INC. | $610,000 | $1,010,000 | 65.6% | 0.9% |
Century Mortgage Company DBA Century Lending Company | $985,000 | n/a | 0.9% | |
Sunflower Bank | $965,000 | n/a | 0.9% | |
Stifel Bank and Trust | $930,000 | n/a | 0.9% | |
BROKER SOLUTIONS, INC. | $680,000 | $840,000 | 23.5% | 0.8% |
First Interstate Bank | $835,000 | n/a | 0.8% | |
PROVIDENT FUNDING ASSOCIATES, L.P. | $830,000 | n/a | 0.8% | |
Banner Bank | $1,160,000 | $785,000 | -32.3% | 0.7% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $765,000 | n/a | 0.7% | |
CMG MORTGAGE, INC. | $2,125,000 | $750,000 | -64.7% | 0.7% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $365,000 | $730,000 | 100.0% | 0.7% |
The Federal Savings Bank | $405,000 | $715,000 | 76.5% | 0.7% |
EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $1,325,000 | $705,000 | -46.8% | 0.7% |
HOMEOWNERS FINANCIAL GROUP USA, LLC | $655,000 | n/a | 0.6% | |
FREEDOM MORTGAGE CORPORATION | $385,000 | $630,000 | 63.6% | 0.6% |
CROSSCOUNTRY MORTGAGE, LLC | $215,000 | $610,000 | 183.7% | 0.6% |
Advisors Mortgage Group, L.L.C. | $605,000 | n/a | 0.6% | |
MORTGAGE EXPRESS, LLC | $520,000 | $605,000 | 16.3% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $650,000 | $555,000 | -14.6% | 0.5% |
Figure Lending LLC | $125,000 | $515,000 | 312.0% | 0.5% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $495,000 | n/a | 0.5% | |
HOMEXPRESS MORTGAGE CORP. | $465,000 | n/a | 0.4% | |
PANORAMA MORTGAGE GROUP, LLC | $465,000 | n/a | 0.4% | |
PHH Mortgage Corporation | $455,000 | n/a | 0.4% | |
Sierra Pacific Mortgage Company, Inc. | $440,000 | n/a | 0.4% | |
BETTER MORTGAGE CORPORATION | $425,000 | n/a | 0.4% | |
LONGBRIDGE FINANCIAL, LLC | $610,000 | $415,000 | -32.0% | 0.4% |
PENTAGON FEDERAL CREDIT UNION | $415,000 | n/a | 0.4% | |
MOVEMENT MORTGAGE, LLC | $1,215,000 | $405,000 | -66.7% | 0.4% |
HighTechLending Inc | $400,000 | n/a | 0.4% | |
DAS Acquisition Company, LLC | $395,000 | n/a | 0.4% | |
TRIAD FINANCIAL SERVICES, INC. | $135,000 | $385,000 | 185.2% | 0.4% |
American Mortgage & Equity Consultants, Inc. | $375,000 | n/a | 0.3% | |
VILLAGE CAPITAL MORTGAGE | $375,000 | n/a | 0.3% | |
ALTITUDE FINANCIAL CORPORATION | $365,000 | n/a | 0.3% | |
UNION HOME MORTGAGE CORP. | $360,000 | n/a | 0.3% | |
SUN WEST MORTGAGE COMPANY, INC. | $355,000 | n/a | 0.3% | |
AMERICAN FINANCIAL NETWORK, INC. | $345,000 | n/a | 0.3% | |
First National Bank of America | $345,000 | n/a | 0.3% | |
AMERICAN FINANCIAL RESOURCES, INC. | $450,000 | $335,000 | -25.6% | 0.3% |
Franklin Loan Corporation | $335,000 | n/a | 0.3% | |
The Loan Store, Inc. | $315,000 | $335,000 | 6.3% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $955,000 | $325,000 | -66.0% | 0.3% |
Axos Bank | $315,000 | $315,000 | 0.0% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $255,000 | $305,000 | 19.6% | 0.3% |
Northwest Farm Credit Services, FLCA | $305,000 | n/a | 0.3% | |
SAMMAMISH MORTGAGE COMPANY | $305,000 | n/a | 0.3% | |
Nations Lending Corporation | $1,680,000 | $285,000 | -83.0% | 0.3% |
Bank of America | $305,000 | $255,000 | -16.4% | 0.2% |
Paramount Residential Mortgage Group, Inc. | $245,000 | n/a | 0.2% | |
F&A Federal Credit Union | $235,000 | n/a | 0.2% | |
ALAMEDA MORTGAGE CORPORATION | $225,000 | n/a | 0.2% | |
Willamette Valley Bank | $225,000 | n/a | 0.2% | |
The Huntington National Bank | $355,000 | $215,000 | -39.4% | 0.2% |
Citadel Servicing Corporation | $205,000 | n/a | 0.2% | |
LADERA LENDING, INC. | $245,000 | $205,000 | -16.3% | 0.2% |
SUMMIT FUNDING, INC. | $295,000 | $195,000 | -33.9% | 0.2% |
Wells Fargo Bank | $875,000 | $175,000 | -80.0% | 0.2% |
AMERICAN FINANCING CORPORATION | $75,000 | $145,000 | 93.3% | 0.1% |
CHEVRON | $115,000 | n/a | 0.1% | |
21ST MORTGAGE CORPORATION | $570,000 | $105,000 | -81.6% | 0.1% |
PNC Bank | $445,000 | $105,000 | -76.4% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $85,000 | n/a | 0.1% | |
SPRING EQ, LLC | $75,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $955,000 | $65,000 | -93.2% | 0.1% |
Flagstar Bank, FSB | $35,000 | n/a | 0.0% | |
Third Federal Savings and Loan Association of Cleveland | $25,000 | n/a | 0.0% |
Brookings's top lender by overall market share is ROGUE, with 20.1% market share. In second place, with 8.7%, is Umpqua Bank, having originated $9,305,000 in loans. In third place, with 8.0%, is NEWREZ LLC, having originated $8,560,000 in loans. In fourth place, with 5.1%, is CANOPY MORTGAGE, LLC, having originated $5,525,000 in loans. In fifth place, with 4.6%, is QUICKEN LOANS, LLC, having originated $4,995,000 in loans.
Brookings Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Brookings (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 | $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%) | $1,066,445 (75.2%) | 0.00 | 42 |
2022-03-01 | $622,000 (37.7%) | $944,648 (12.6%) | 0.00 | 43 |
2022-04-01 | $584,500 (5.6%) | $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 (1.9%) | 0.00 | 82 |
2023-03-01 | $598,750 (-3.7%) | $1,062,781 (12.5%) | 0.00 | 85 |
2023-04-01 | $599,000 (2.5%) | $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 |
2023-11-01 | $572,000 (-9.1%) | $814,785 (-22.3%) | 0.00 | 146 |
2023-12-01 | $575,000 (-9.8%) | $826,149 (-23.2%) | 0.00 | 130 |
2024-01-01 | $600,750 (-5.7%) | $839,478 (-22.9%) | 0.00 | 118 |
2024-02-01 | $642,125 (-0.1%) | $976,538 (-10.1%) | 0.00 | 113 |
2024-03-01 | $649,950 (8.6%) | $981,137 (-7.7%) | 0.00 | 121 |
2024-04-01 | $649,850 (8.5%) | $880,356 (-5.4%) | 0.00 | 149 |
2024-05-01 | $639,250 (8.3%) | $909,729 (10.3%) | 0.00 | 165 |
2024-06-01 | $629,000 (-3.1%) | $870,595 (-1.0%) | 0.00 | 173 |
2024-07-01 | $631,000 (-2.9%) | $898,810 (4.3%) | 0.00 | 175 |
2024-08-01 | $634,500 (-2.3%) | $918,398 (6.6%) | 0.00 | 171 |
2024-09-01 | $620,750 (-4.4%) | $927,088 (8.7%) | 0.00 | 154 |
2024-10-01 | $632,500 (6.1%) | $959,496 (17.1%) | 0.00 | 145 |
2024-11-01 | $625,000 (9.3%) | $923,496 (13.3%) | 0.00 | 141 |
2024-12-01 | $627,425 (9.1%) | $900,326 (9.0%) | 0.00 | 136 |
2025-01-01 | $618,425 (2.9%) | $897,016 (6.9%) | 0.00 | 125 |
2025-02-01 | $599,475 (-6.6%) | $890,852 (-8.8%) | 0.00 | 127 |
2025-03-01 | $599,000 (-7.8%) | $803,246 (-18.1%) | 0.00 | 134 |
Brookings's median listing price comes in at 0% of the national average.
Brookings's average listing price for 2025-03-01 was $803,246, a difference of $-177,891 (-18.1%) versus the prior year and $-87,606 versus the prior month.
For the 2025-03-01 period, Brookings had 134 MLS listings, a difference of 7 listings (6%) versus the prior month and 13 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Brookings (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 1,687 sqft |
2022-03-01 | 0 days | 1,750 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 |
2023-11-01 | 0 days | 1,714 sqft |
2023-12-01 | 0 days | 1,739 sqft |
2024-01-01 | 0 days | 1,808 sqft |
2024-02-01 | 0 days | 1,798 sqft |
2024-03-01 | 0 days | 1,852 sqft |
2024-04-01 | 0 days | 1,826 sqft |
2024-05-01 | 0 days | 1,814 sqft |
2024-06-01 | 0 days | 1,824 sqft |
2024-07-01 | 0 days | 1,800 sqft |
2024-08-01 | 0 days | 1,826 sqft |
2024-09-01 | 0 days | 1,807 sqft |
2024-10-01 | 0 days | 1,862 sqft |
2024-11-01 | 0 days | 1,850 sqft |
2024-12-01 | 0 days | 1,857 sqft |
2025-01-01 | 0 days | 1,807 sqft |
2025-02-01 | 0 days | 1,740 sqft |
2025-03-01 | 0 days | 1,690 sqft |
Brookings's median square footage for active listings during the 2025-03-01 period was 1,690 sqft. One year prior, the average listing was 1,852 sqft.
Brookings, OR Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 182 | $69,260,000 | $380,549 |
Refi | 52 | $15,990,000 | $307,500 |
Home Improvement | 50 | $4,920,000 | $98,400 |
Cash Out Refi | 49 | $11,455,000 | $233,776 |
Other | 41 | $5,795,000 | $141,341 |
Brookings's most frequently cited loan purpose was Home Purchase, with 182 originations. The 2nd most popular reason was Refi, with 52 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 123 | $47,385,000 | $385,244 |
Over 8% | 118 | $15,030,000 | $127,373 |
7-8% | 75 | $22,825,000 | $304,333 |
5-6% | 47 | $17,595,000 | $374,362 |
4-5% | 10 | $4,570,000 | $457,000 |
<2.5% | 1 | $15,000 | $15,000 |
During 2024, Brookings's most frequently originated rate bucket was 6-7%, with 123 originations.
Loan Sizing (Brookings, OR MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 122 | $36,890,000 | $302,377 |
$100,000 or less | 82 | $4,520,000 | $55,122 |
$100k-200k | 70 | $9,550,000 | $136,429 |
$400k-600k | 68 | $32,130,000 | $472,500 |
$600k-1000k | 28 | $19,910,000 | $711,071 |
$Over $1MM | 4 | $4,420,000 | $1,105,000 |
Brookings's loan sizing saw the bucket of loans from $200k-400k with 122 originations, totaling $36,890,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 103 | $44,985,000 | $436,748 |
Under 20% | 78 | $4,880,000 | $62,564 |
60-80% | 74 | $31,960,000 | $431,892 |
20-40% | 59 | $9,235,000 | $156,525 |
40-60% | 54 | $14,340,000 | $265,556 |
Over 100% | 1 | $385,000 | $385,000 |
Brookings's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 103 originations, totaling $44,985,000 in origination value.