Clovis Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Clovis averaged 6.79% 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 6.91% and one month ago for the week of 2025-03-06, the average rate was 6.5%.

Clovis's average rate one year ago was 6.89%.

For refis of the same type during the week of 2025-04-10, the average rate was 7.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Clovis 30 Year Fixed Rate 2025-04-10 6.79%
Clovis 30 Year Fixed Rate Refi 2025-04-10 7.22%
Clovis 15 Year Fixed Rate 2025-04-10 5.92%
Clovis 15 Year Fixed Rate Refi 2025-04-10 6.42%
Clovis 30 Year FHA 2025-04-10 6.33%
Clovis 30 Year FHA Refi 2025-04-10 6.43%
Clovis 30 Year USDA 2025-04-10 6.65%
Clovis 30 Year USDA Refi 2025-04-10 6.55%
Clovis 30 Year VA 2025-04-10 6.12%
Clovis 30 Year VA Refi 2025-04-10 6.39%
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
Clovis's median listing price for 2025-03-01 was $230,000, a difference of $-10,000 (-4.2%) versus the prior year and $8,875 versus the prior month.

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

Clovis's average listing price for 2025-03-01 was $246,651, a difference of $-1,924 (-0.8%) versus the prior year and $-335 versus the prior month.

For the 2025-03-01 period, Clovis had 290 MLS listings, a difference of 5 listings (2%) versus the prior month and 85 listings (41%) 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
Clovis's median listing age (time on market) for 2025-03-01 was 0 days.

Clovis's median square footage for active listings during the 2025-03-01 period was 1,712 sqft. One year prior, the average listing was 1,711 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.