Clovis Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Clovis averaged 6.64% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

    The average rate for the prior week (2025-06-26) was 6.94% and one month ago for the week of 2025-05-29, the average rate was 7.16%.

    Clovis's average rate one year ago was 7.03%.

    For refis of the same type during the week of 2025-07-03, the average rate was 6.87%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-07-03 6.67%
    Clovis 30 Year Fixed Rate 2025-07-03 6.64%
    Clovis 30 Year Fixed Rate Refi 2025-07-03 6.87%
    Clovis 15 Year Fixed Rate 2025-07-03 5.8%
    Clovis 15 Year Fixed Rate Refi 2025-07-03 5.9%
    Clovis 30 Year FHA 2025-07-03 -0.19%
    Clovis 30 Year FHA Refi 2025-07-03 -0.2%
    Clovis 30 Year USDA 2025-07-03 0.1%
    Clovis 30 Year USDA Refi 2025-07-03 0%
    Clovis 30 Year VA 2025-07-03 0.03%
    Clovis 30 Year VA Refi 2025-07-03 0.1%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Clovis, NM.

    Clovis 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 Clovis, NM 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Bell Bank 24 6.63% $4,219
    PRIMARY RESIDENTIAL MORTGAGE, INC. 22 6.80% $5,329
    QUICKEN LOANS, LLC 15 6.86% $5,147
    UNITED WHOLESALE MORTGAGE, LLC 11 6.90% $4,397
    Plains Commerce Bank 9 6.67% $7,919
    JPMorgan Chase Bank 5 6.47% $4,074
    PRIMELENDING, A PLAINSCAPITAL COMPANY 5 6.40% $3,816
    NBKC BANK 4 6.78% $4,221
    Century Mortgage Company DBA Century Lending Company 3 7.67% $14,404
    USAA Federal Savings Bank 3 6.71% $3,679
    GUARANTEED RATE, INC. 3 6.99% $10,044
    DIRECTORS MORTGAGE, INC. 2 7.06% $4,376
    LOANDEPOT.COM, LLC 2 6.68% $8,815
    North American Savings Bank, F.S.B. 1 7.88% $2,021
    PENNYMAC LOAN SERVICES, LLC 1 6.38% $6,309
    PHH Mortgage Corporation 1 6.99% $4,334
    SANDIA LABORATORY 1 6.50% $3,509
    Sierra Pacific Mortgage Company, Inc. 1 6.63% $4,822
    U.S. Bank 1 5.99% $4,966
    Washington Federal Bank 1 7.75% $3,923
    AMERISAVE MORTGAGE CORPORATION 1 7.50% $6,943
    Wells Fargo Bank 1 8.63% $4,247
    Bank of America 1 7.00% $4,927
    BROKER SOLUTIONS, INC. 1 6.50% $7,176
    CARDINAL FINANCIAL 1 5.99% $8,325
    CROSSCOUNTRY MORTGAGE, LLC 1 7.38% $5,868
    Farmers Bank & Trust 1 6.25% $4,613
    First Financial Bank 1 7.85% $4,379
    First Financial Credit Union 1 6.25% $3,663
    FLAT BRANCH MORTGAGE, INC. 1 7.25% $3,641
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 9.75% $7,342
    Mortgage Research Center, LLC 1 6.88% $1,828
    Mr. Cooper ( Nationstar Mortgage ) 1 7.00% $6,788
    NAVY FEDERAL CREDIT UNION 1 6.25% $3,410

    Clovis Average Closing Costs & Other Stats

    Clovis, NM's 34 lenders originated 811 loans during 2024. The total origination value was $145,625,000, with an average loan value of $179,562.

    Clovis's average closing costs are $5,431.

    The top Clovis lender as defined by loan originations is Bell Bank, with 24 loans originated. Their average total fees are $4,219, which is $1,110 lower than the next largest lender, PRIMARY RESIDENTIAL MORTGAGE, INC..

    The lowest fee Clovis lenders (with over 10 loans originated) are Bell Bank ($4,219), UNITED WHOLESALE MORTGAGE, LLC ($4,397), QUICKEN LOANS, LLC ($5,147), PRIMARY RESIDENTIAL MORTGAGE, INC. ($5,329) and .

    The lowest rate Clovis lenders (with over 10 loans originated) are Bell Bank (6.63%), PRIMARY RESIDENTIAL MORTGAGE, INC. (6.80%), QUICKEN LOANS, LLC (6.86%), UNITED WHOLESALE MORTGAGE, LLC (6.90%) and .

    Clovis, NM 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
    Bell Bank $10,800,000 $24,250,000 124.5% 16.7%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $24,840,000 $17,520,000 -29.5% 12.0%
    Mortgage Research Center, LLC $13,835,000 $14,830,000 7.2% 10.2%
    UNITED WHOLESALE MORTGAGE, LLC $9,070,000 $10,525,000 16.0% 7.2%
    QUICKEN LOANS, LLC $4,715,000 $8,805,000 86.7% 6.0%
    NAVY FEDERAL CREDIT UNION $7,120,000 $6,650,000 -6.6% 4.6%
    NBKC BANK $10,330,000 $5,920,000 -42.7% 4.1%
    USAA Federal Savings Bank $2,275,000 $4,470,000 96.5% 3.1%
    PENNYMAC LOAN SERVICES, LLC $2,070,000 $3,530,000 70.5% 2.4%
    FREEDOM MORTGAGE CORPORATION $845,000 $3,380,000 300.0% 2.3%
    Plains Commerce Bank $2,570,000 $3,340,000 30.0% 2.3%
    Prosperity Home Mortgage, LLC $1,170,000 $3,320,000 183.8% 2.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $265,000 $3,295,000 1,143.4% 2.3%
    GUARANTEED RATE, INC. $4,465,000 $2,110,000 -52.7% 1.4%
    NEW DAY FINANCIAL, LLC $275,000 $2,075,000 654.5% 1.4%
    Mr. Cooper ( Nationstar Mortgage ) $885,000 $2,025,000 128.8% 1.4%
    Century Mortgage Company DBA Century Lending Company $205,000 $1,880,000 817.1% 1.3%
    First Federal Bank of Louisiana $1,665,000 n/a 1.1%
    BROKER SOLUTIONS, INC. $795,000 $1,345,000 69.2% 0.9%
    AMERISAVE MORTGAGE CORPORATION $195,000 $1,160,000 494.9% 0.8%
    JPMorgan Chase Bank $460,000 $1,145,000 148.9% 0.8%
    DIRECTORS MORTGAGE, INC. $125,000 $1,130,000 804.0% 0.8%
    LOANDEPOT.COM, LLC $545,000 $1,000,000 83.5% 0.7%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $580,000 $985,000 69.8% 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $510,000 $915,000 79.4% 0.6%
    U.S. Bank $260,000 $885,000 240.4% 0.6%
    VILLAGE CAPITAL MORTGAGE $855,000 n/a 0.6%
    21ST MORTGAGE CORPORATION $840,000 $780,000 -7.1% 0.5%
    CMG MORTGAGE, INC. $1,155,000 $730,000 -36.8% 0.5%
    First Federal Bank $430,000 $710,000 65.1% 0.5%
    CARDINAL FINANCIAL $1,150,000 $655,000 -43.0% 0.4%
    The Federal Savings Bank $635,000 n/a 0.4%
    BETTER MORTGAGE CORPORATION $85,000 $620,000 629.4% 0.4%
    AMERICAN FINANCIAL NETWORK, INC. $610,000 n/a 0.4%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $755,000 $550,000 -27.2% 0.4%
    Western Commerce Bank $105,000 $525,000 400.0% 0.4%
    Paramount Bank $1,160,000 $510,000 -56.0% 0.4%
    First Financial Bank $245,000 $465,000 89.8% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $430,000 n/a 0.3%
    FLAT BRANCH MORTGAGE, INC. $420,000 n/a 0.3%
    Access Community Credit Union $505,000 $385,000 -23.8% 0.3%
    HOMETRUST MORTGAGE COMPANY $365,000 n/a 0.3%
    MOUNTAIN AMERICA $125,000 $365,000 192.0% 0.3%
    RANLIFE, INC. $365,000 n/a 0.3%
    Equity Prime Mortgage LLC $245,000 $350,000 42.9% 0.2%
    PENTAGON FEDERAL CREDIT UNION $2,890,000 $330,000 -88.6% 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $325,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $340,000 $310,000 -8.8% 0.2%
    GUILD MORTGAGE COMPANY $585,000 $310,000 -47.0% 0.2%
    Sierra Pacific Mortgage Company, Inc. $745,000 $310,000 -58.4% 0.2%
    MOVEMENT MORTGAGE, LLC $350,000 $275,000 -21.4% 0.2%
    The Central Trust Bank $265,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $245,000 n/a 0.2%
    Armed Forces Bank $2,565,000 $235,000 -90.8% 0.2%
    AMERICAN FINANCING CORPORATION $225,000 n/a 0.2%
    PLANET HOME LENDING, LLC $225,000 n/a 0.2%
    POLARIS HOME FUNDING CORP. $225,000 n/a 0.2%
    North American Savings Bank, F.S.B. $215,000 n/a 0.1%
    Bank of America $105,000 $195,000 85.7% 0.1%
    Farmers Bank & Trust $195,000 n/a 0.1%
    LADERA LENDING, INC. $195,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $105,000 $195,000 85.7% 0.1%
    LIMA ONE CAPITAL, LLC $190,000 n/a 0.1%
    COREVEST AMERICAN FINANCE LENDER LLC $175,000 n/a 0.1%
    Mid-Continent Funding, Inc. $165,000 n/a 0.1%
    Equity Bank $160,000 n/a 0.1%
    Figure Lending LLC $160,000 n/a 0.1%
    GARDNER FINANCIAL SERVICES, LTD. $155,000 n/a 0.1%
    PHH Mortgage Corporation $155,000 n/a 0.1%
    Wells Fargo Bank $1,040,000 $150,000 -85.6% 0.1%
    Deere Employees Credit Union $145,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $190,000 $140,000 -26.3% 0.1%
    Carrington Mortgage Services, LLC $220,000 $135,000 -38.6% 0.1%
    Northpointe Bank $135,000 n/a 0.1%
    First Financial Credit Union $85,000 $105,000 23.5% 0.1%
    UNION HOME MORTGAGE CORP. $105,000 n/a 0.1%
    Washington Federal Bank $185,000 $95,000 -48.6% 0.1%
    First United Bank $90,000 n/a 0.1%
    SANDIA LABORATORY $220,000 $75,000 -65.9% 0.1%
    NEWREZ LLC $570,000 $55,000 -90.4% 0.0%
    PNC Bank $115,000 $55,000 -52.2% 0.0%
    Discover Bank $130,000 $35,000 -73.1% 0.0%
    SPRING EQ, LLC $35,000 n/a 0.0%
    U.S. EAGLE $25,000 n/a 0.0%
    BOKF $15,000 n/a 0.0%

    Clovis's top lender by overall market share is Bell Bank, with 16.7% market share. In second place, with 12.0%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $17,520,000 in loans. In third place, with 10.2%, is Mortgage Research Center, LLC, having originated $14,830,000 in loans. In fourth place, with 7.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $10,525,000 in loans. In fifth place, with 6.0%, is QUICKEN LOANS, LLC, having originated $8,805,000 in loans.

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

    Realtor.com - Clovis (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 $169,500 (9.4%) $180,706 (6.3%) 0.00 433
    2018-02-01 $169,900 (6.2%) $186,847 (8.4%) 0.00 423
    2018-03-01 $169,900 (3.3%) $183,081 (4.1%) 0.00 432
    2018-04-01 $172,450 (4.8%) $188,683 (6.4%) 0.00 421
    2018-05-01 $173,750 (5.3%) $188,160 (5.3%) 0.00 427
    2018-06-01 $174,000 (5.7%) $188,419 (5.7%) 0.00 455
    2018-07-01 $173,425 (5.1%) $188,070 (5.3%) 0.00 478
    2018-08-01 $173,000 (4.8%) $185,638 (4.0%) 0.00 482
    2018-09-01 $170,700 (1.3%) $185,940 (3.2%) 0.00 461
    2018-10-01 $170,350 (0.6%) $185,276 (2.8%) 0.00 433
    2018-11-01 $169,000 (0.5%) $184,723 (2.1%) 0.00 411
    2018-12-01 $169,000 (2.4%) $181,636 (1.0%) 0.00 385
    2019-01-01 $162,013 (-4.4%) $179,353 (-0.8%) 0.00 364
    2019-02-01 $162,500 (-4.4%) $180,771 (-3.3%) 0.00 361
    2019-03-01 $169,043 (-0.5%) $241,391 (31.9%) 0.00 362
    2019-04-01 $168,043 (-2.6%) $241,661 (28.1%) 0.00 365
    2019-05-01 $169,000 (-2.7%) $184,585 (-1.9%) 0.00 362
    2019-06-01 $169,500 (-2.6%) $185,327 (-1.6%) 0.00 372
    2019-07-01 $169,950 (-2.0%) $188,061 (0.0%) 0.00 363
    2019-08-01 $173,364 (0.2%) $188,067 (1.3%) 0.00 362
    2019-09-01 $170,909 (0.1%) $185,301 (-0.3%) 0.00 365
    2019-10-01 $166,950 (-2.0%) $180,476 (-2.6%) 0.00 363
    2019-11-01 $159,950 (-5.4%) $172,221 (-6.8%) 0.00 344
    2019-12-01 $158,000 (-6.5%) $170,649 (-6.1%) 0.00 332
    2020-01-01 $157,000 (-3.1%) $169,166 (-5.7%) 0.00 308
    2020-02-01 $158,500 (-2.5%) $170,573 (-5.6%) 0.00 306
    2020-03-01 $157,500 (-6.8%) $171,338 (-29.0%) 0.00 313
    2020-04-01 $155,000 (-7.8%) $166,972 (-30.9%) 0.00 315
    2020-05-01 $155,000 (-8.3%) $169,163 (-8.4%) 0.00 288
    2020-06-01 $160,425 (-5.4%) $170,661 (-7.9%) 0.00 260
    2020-07-01 $163,700 (-3.7%) $171,476 (-8.8%) 0.00 259
    2020-08-01 $169,900 (-2.0%) $177,098 (-5.8%) 0.00 248
    2020-09-01 $169,900 (-0.6%) $178,140 (-3.9%) 0.00 223
    2020-10-01 $169,950 (1.8%) $183,484 (1.7%) 0.00 218
    2020-11-01 $171,850 (7.4%) $181,775 (5.6%) 0.00 225
    2020-12-01 $172,000 (8.9%) $180,592 (5.8%) 0.00 225
    2021-01-01 $169,900 (8.2%) $179,292 (6.0%) 0.00 225
    2021-02-01 $171,975 (8.5%) $183,102 (7.4%) 0.00 231
    2021-03-01 $164,750 (4.6%) $177,470 (3.6%) 0.00 215
    2021-04-01 $160,375 (3.5%) $178,377 (6.8%) 0.00 193
    2021-05-01 $164,950 (6.4%) $181,570 (7.3%) 0.00 171
    2021-06-01 $169,450 (5.6%) $189,904 (11.3%) 0.00 174
    2021-07-01 $169,450 (3.5%) $190,305 (11.0%) 0.00 158
    2021-08-01 $170,950 (0.6%) $195,060 (10.1%) 0.00 154
    2021-09-01 $181,750 (7.0%) $199,743 (12.1%) 0.00 151
    2021-10-01 $179,900 (5.9%) $204,614 (11.5%) 0.00 150
    2021-11-01 $175,000 (1.8%) $201,424 (10.8%) 0.00 163
    2021-12-01 $174,700 (1.6%) $202,745 (12.3%) 0.00 140
    2022-01-01 $175,000 (3.0%) $222,541 (24.1%) 0.00 101
    2022-02-01 $192,250 (11.8%) $236,734 (29.3%) 0.00 102
    2022-03-01 $190,000 (15.3%) $235,014 (32.4%) 0.00 99
    2022-04-01 $210,000 (30.9%) $239,212 (34.1%) 0.00 96
    2022-05-01 $210,000 (27.3%) $232,386 (28.0%) 0.00 143
    2022-06-01 $212,475 (25.4%) $231,522 (21.9%) 0.00 146
    2022-07-01 $219,900 (29.8%) $240,236 (26.2%) 0.00 152
    2022-08-01 $218,250 (27.7%) $244,628 (25.4%) 0.00 165
    2022-09-01 $209,500 (15.3%) $241,108 (20.7%) 0.00 154
    2022-10-01 $227,000 (26.2%) $252,077 (23.2%) 0.00 152
    2022-11-01 $232,500 (32.9%) $254,333 (26.3%) 0.00 165
    2022-12-01 $235,000 (34.5%) $252,757 (24.7%) 0.00 169
    2023-01-01 $235,000 (34.3%) $253,773 (14.0%) 0.00 154
    2023-02-01 $228,000 (18.6%) $253,234 (7.0%) 0.00 140
    2023-03-01 $222,500 (17.1%) $257,202 (9.4%) 0.00 142
    2023-04-01 $220,000 (4.8%) $252,183 (5.4%) 0.00 145
    2023-05-01 $220,963 (5.2%) $246,326 (6.0%) 0.00 155
    2023-06-01 $243,875 (14.8%) $257,396 (11.2%) 0.00 147
    2023-07-01 $236,450 (7.5%) $253,698 (5.6%) 0.00 158
    2023-08-01 $239,200 (9.6%) $255,464 (4.4%) 0.00 160
    2023-09-01 $227,000 (8.4%) $259,372 (7.6%) 0.00 183
    2023-10-01 $230,000 (1.3%) $251,892 (-0.1%) 0.00 202
    2023-11-01 $236,225 (1.6%) $248,019 (-2.5%) 0.00 218
    2023-12-01 $230,000 (-2.1%) $243,628 (-3.6%) 0.00 211
    2024-01-01 $232,225 (-1.2%) $242,886 (-4.3%) 0.00 198
    2024-02-01 $240,000 (5.3%) $246,682 (-2.6%) 0.00 189
    2024-03-01 $240,000 (7.9%) $248,575 (-3.4%) 0.00 205
    2024-04-01 $237,775 (8.1%) $245,505 (-2.7%) 0.00 232
    2024-05-01 $239,500 (8.4%) $247,795 (0.6%) 0.00 236
    2024-06-01 $225,000 (-7.7%) $240,921 (-6.4%) 0.00 245
    2024-07-01 $225,000 (-4.8%) $243,253 (-4.1%) 0.00 252
    2024-08-01 $225,000 (-5.9%) $241,105 (-5.6%) 0.00 264
    2024-09-01 $225,000 (-0.9%) $238,912 (-7.9%) 0.00 257
    2024-10-01 $221,975 (-3.5%) $241,485 (-4.1%) 0.00 265
    2024-11-01 $225,000 (-4.8%) $243,629 (-1.8%) 0.00 280
    2024-12-01 $219,500 (-4.6%) $241,448 (-0.9%) 0.00 278
    2025-01-01 $224,375 (-3.4%) $244,629 (0.7%) 0.00 272
    2025-02-01 $221,125 (-7.9%) $246,986 (0.1%) 0.00 285
    2025-03-01 $230,000 (-4.2%) $246,651 (-0.8%) 0.00 290
    2025-04-01 $229,950 (-3.3%) $249,139 (1.5%) 0.00 303
    2025-05-01 $229,900 (-4.0%) $247,725 (0.0%) 0.00 322
    Clovis's median listing price for 2025-05-01 was $229,900, a difference of $-9,600 (-4.0%) versus the prior year and $-50 versus the prior month.

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

    Clovis's average listing price for 2025-05-01 was $247,725, a difference of $-70 (0.0%) versus the prior year and $-1,414 versus the prior month.

    For the 2025-05-01 period, Clovis had 322 MLS listings, a difference of 19 listings (6%) versus the prior month and 86 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Clovis (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,798 sqft
    2018-02-01 0 days 1,818 sqft
    2018-03-01 0 days 1,798 sqft
    2018-04-01 0 days 1,801 sqft
    2018-05-01 0 days 1,792 sqft
    2018-06-01 0 days 1,811 sqft
    2018-07-01 0 days 1,816 sqft
    2018-08-01 0 days 1,827 sqft
    2018-09-01 0 days 1,830 sqft
    2018-10-01 0 days 1,827 sqft
    2018-11-01 0 days 1,836 sqft
    2018-12-01 0 days 1,841 sqft
    2019-01-01 0 days 1,819 sqft
    2019-02-01 0 days 1,823 sqft
    2019-03-01 0 days 1,834 sqft
    2019-04-01 0 days 1,834 sqft
    2019-05-01 0 days 1,828 sqft
    2019-06-01 0 days 1,832 sqft
    2019-07-01 0 days 1,839 sqft
    2019-08-01 0 days 1,838 sqft
    2019-09-01 0 days 1,834 sqft
    2019-10-01 0 days 1,811 sqft
    2019-11-01 0 days 1,784 sqft
    2019-12-01 0 days 1,761 sqft
    2020-01-01 0 days 1,753 sqft
    2020-02-01 0 days 1,750 sqft
    2020-03-01 0 days 1,711 sqft
    2020-04-01 0 days 1,693 sqft
    2020-05-01 0 days 1,697 sqft
    2020-06-01 0 days 1,695 sqft
    2020-07-01 0 days 1,765 sqft
    2020-08-01 0 days 1,753 sqft
    2020-09-01 0 days 1,741 sqft
    2020-10-01 0 days 1,766 sqft
    2020-11-01 0 days 1,741 sqft
    2020-12-01 0 days 1,741 sqft
    2021-01-01 0 days 1,728 sqft
    2021-02-01 0 days 1,764 sqft
    2021-03-01 0 days 1,711 sqft
    2021-04-01 0 days 1,702 sqft
    2021-05-01 0 days 1,766 sqft
    2021-06-01 0 days 1,695 sqft
    2021-07-01 0 days 1,712 sqft
    2021-08-01 0 days 1,737 sqft
    2021-09-01 0 days 1,792 sqft
    2021-10-01 0 days 1,809 sqft
    2021-11-01 0 days 1,750 sqft
    2021-12-01 0 days 1,746 sqft
    2022-01-01 0 days 1,809 sqft
    2022-02-01 0 days 1,776 sqft
    2022-03-01 0 days 1,803 sqft
    2022-04-01 0 days 1,827 sqft
    2022-05-01 0 days 1,758 sqft
    2022-06-01 0 days 1,769 sqft
    2022-07-01 0 days 1,824 sqft
    2022-08-01 0 days 1,775 sqft
    2022-09-01 0 days 1,764 sqft
    2022-10-01 0 days 1,856 sqft
    2022-11-01 0 days 1,895 sqft
    2022-12-01 0 days 1,860 sqft
    2023-01-01 0 days 1,844 sqft
    2023-02-01 0 days 1,842 sqft
    2023-03-01 0 days 1,830 sqft
    2023-04-01 0 days 1,770 sqft
    2023-05-01 0 days 1,709 sqft
    2023-06-01 0 days 1,754 sqft
    2023-07-01 0 days 1,731 sqft
    2023-08-01 0 days 1,712 sqft
    2023-09-01 0 days 1,712 sqft
    2023-10-01 0 days 1,718 sqft
    2023-11-01 0 days 1,779 sqft
    2023-12-01 0 days 1,784 sqft
    2024-01-01 0 days 1,743 sqft
    2024-02-01 0 days 1,702 sqft
    2024-03-01 0 days 1,711 sqft
    2024-04-01 0 days 1,705 sqft
    2024-05-01 0 days 1,741 sqft
    2024-06-01 0 days 1,731 sqft
    2024-07-01 0 days 1,746 sqft
    2024-08-01 0 days 1,728 sqft
    2024-09-01 0 days 1,739 sqft
    2024-10-01 0 days 1,746 sqft
    2024-11-01 0 days 1,697 sqft
    2024-12-01 0 days 1,684 sqft
    2025-01-01 0 days 1,708 sqft
    2025-02-01 0 days 1,713 sqft
    2025-03-01 0 days 1,712 sqft
    2025-04-01 0 days 1,728 sqft
    2025-05-01 0 days 1,726 sqft
    Clovis's median listing age (time on market) for 2025-05-01 was 0 days.

    Clovis's median square footage for active listings during the 2025-05-01 period was 1,726 sqft. One year prior, the average listing was 1,741 sqft.

    Clovis, NM Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 625 $110,645,000 $177,032
    Cash Out Refi 83 $13,415,000 $161,627
    Refi 72 $19,360,000 $268,889
    Other 21 $1,355,000 $64,524
    Home Improvement 10 $850,000 $85,000

    Clovis's most frequently cited loan purpose was Home Purchase, with 625 originations. The 2nd most popular reason was Cash Out Refi, with 83 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 389 $75,845,000 $194,974
    5-6% 158 $37,670,000 $238,418
    7-8% 115 $19,405,000 $168,739
    Over 8% 68 $4,690,000 $68,971
    <2.5% 58 $1,510,000 $26,034
    2.5-3% 9 $2,005,000 $222,778
    3-4% 4 $1,500,000 $375,000
    4-5% 3 $785,000 $261,667

    During 2024, Clovis's most frequently originated rate bucket was 6-7%, with 389 originations.

    Loan Sizing (Clovis, NM MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 317 $85,755,000 $270,521
    $100k-200k 260 $40,110,000 $154,269
    $100,000 or less 211 $7,035,000 $33,341
    $400k-600k 18 $8,220,000 $456,667
    $600k-1000k 4 $2,840,000 $710,000
    $Over $1MM 1 $1,665,000 $1,665,000

    Clovis's loan sizing saw the bucket of loans from $200k-400k with 317 originations, totaling $85,755,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 419 $87,565,000 $208,986
    Under 20% 136 $2,010,000 $14,779
    60-80% 108 $23,240,000 $215,185
    Over 100% 70 $19,340,000 $276,286
    20-40% 25 $1,735,000 $69,400
    40-60% 24 $3,450,000 $143,750

    Clovis's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 419 originations, totaling $87,565,000 in origination value.