Cornelia Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Cornelia averaged
6.91%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7.1% and
one month ago for the week of 2023-08-17, the
average rate was 7.11%.
Cornelia's average rate one year ago was 5.84%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.69%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Cornelia 30 Year Fixed Rate | 2023-09-21 | 6.91% |
| Cornelia 30 Year Fixed Rate Refi | 2023-09-21 | 7.69% |
| Cornelia 15 Year Fixed Rate | 2023-09-21 | 6.34% |
| Cornelia 15 Year Fixed Rate Refi | 2023-09-21 | 6.94% |
| Cornelia 30 Year FHA | 2023-09-21 | 6.56% |
| Cornelia 30 Year FHA Refi | 2023-09-21 | 7.14% |
| Cornelia 30 Year USDA | 2023-09-21 | 7.12% |
| Cornelia 30 Year USDA Refi | 2023-09-21 | 7.02% |
| Cornelia 30 Year VA | 2023-09-21 | 6.72% |
| Cornelia 30 Year VA Refi | 2023-09-21 | 6.82% |
Cornelia 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 Cornelia, GA 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.).
Cornelia Average Closing Costs & Other Stats
Cornelia, GA's 101 lenders originated 1,158
loans during 2022. The total origination value was $292,930,000, with an average loan value of
$252,962.
Cornelia's average closing costs are $4,963.
The top Cornelia lender as defined by loan originations is HOMESTAR FINANCIAL CORPORATION, with
84 loans originated. Their average total fees are
$4,831, which is $1,699
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Cornelia lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($2,919), Regions Bank ($4,306), United Community Bank ($4,530), Renasant Bank ($4,776) and HOMESTAR FINANCIAL CORPORATION ($4,831).
The lowest rate Cornelia lenders (with over 10 loans originated) are
Wells Fargo Bank (4.60%), QUICKEN LOANS, LLC (4.70%), HOMEOWNERS FINANCIAL GROUP USA, LLC (4.92%), Renasant Bank (4.96%) and South State Bank (4.96%).
Cornelia, GA 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 |
|---|---|---|---|---|
| HOMESTAR FINANCIAL CORPORATION | $68,500,000 | $43,780,000 | -36.1% | 14.9% |
| Santander Bank, N.A. | $19,175,000 | n/a | 6.5% | |
| QUICKEN LOANS, LLC | $40,125,000 | $16,985,000 | -57.7% | 5.8% |
| United Community Bank | $20,195,000 | $16,260,000 | -19.5% | 5.6% |
| Heritage Southeast Bank | $15,895,000 | n/a | 5.4% | |
| South State Bank | $10,825,000 | $10,860,000 | 0.3% | 3.7% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $10,850,000 | $9,955,000 | -8.2% | 3.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $7,330,000 | $7,650,000 | 4.4% | 2.6% |
| Pinnacle Bank | $5,905,000 | $7,330,000 | 24.1% | 2.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,670,000 | $6,340,000 | -17.3% | 2.2% |
| Regions Bank | $11,695,000 | $6,240,000 | -46.6% | 2.1% |
| EVERETT FINANCIAL, INC. | $1,890,000 | $5,685,000 | 200.8% | 1.9% |
| Renasant Bank | $8,375,000 | $5,345,000 | -36.2% | 1.8% |
| Mortgage Research Center, LLC | $3,555,000 | $5,295,000 | 48.9% | 1.8% |
| STOCKTON MORTGAGE CORPORATION | $4,510,000 | $5,180,000 | 14.9% | 1.8% |
| Synovus Bank | $2,995,000 | $4,055,000 | 35.4% | 1.4% |
| Equity Prime Mortgage LLC | $1,470,000 | $4,020,000 | 173.5% | 1.4% |
| 21ST MORTGAGE CORPORATION | $1,120,000 | $3,900,000 | 248.2% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $7,015,000 | $3,790,000 | -46.0% | 1.3% |
| Wells Fargo Bank | $4,855,000 | $3,060,000 | -37.0% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $7,955,000 | $3,030,000 | -61.9% | 1.0% |
| FUNDLOANS CAPITAL | $2,975,000 | n/a | 1.0% | |
| Truist | $3,695,000 | $2,925,000 | -20.8% | 1.0% |
| CIVIC FINANCIAL SERVICES, LLC | $125,000 | $2,895,000 | 2,216.0% | 1.0% |
| LOANDEPOT.COM, LLC | $5,405,000 | $2,850,000 | -47.3% | 1.0% |
| MOVEMENT MORTGAGE, LLC | $1,365,000 | $2,490,000 | 82.4% | 0.9% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,205,000 | $2,330,000 | 5.7% | 0.8% |
| Ameris Bank | $7,775,000 | $2,325,000 | -70.1% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $665,000 | $2,265,000 | 240.6% | 0.8% |
| THE MORTGAGE FIRM, INC. | $1,490,000 | $2,215,000 | 48.7% | 0.8% |
| Prosperity Home Mortgage, LLC | $2,230,000 | $1,870,000 | -16.1% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $2,470,000 | $1,820,000 | -26.3% | 0.6% |
| BROKER SOLUTIONS, INC. | $2,485,000 | $1,745,000 | -29.8% | 0.6% |
| GUARANTEED RATE, INC. | $1,755,000 | $1,725,000 | -1.7% | 0.6% |
| BETTER MORTGAGE CORPORATION | $3,710,000 | $1,620,000 | -56.3% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,875,000 | $1,495,000 | -61.4% | 0.5% |
| First Option Mortgage, LLC | $310,000 | $1,350,000 | 335.5% | 0.5% |
| CERTAINTY HOME LOANS, LLC | $255,000 | $1,335,000 | 423.5% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,830,000 | $1,325,000 | -53.2% | 0.5% |
| Bank of America | $2,315,000 | $1,295,000 | -44.1% | 0.4% |
| NEW DAY FINANCIAL, LLC | $1,385,000 | $1,275,000 | -7.9% | 0.4% |
| Capital City Home Loans, LLC | $560,000 | $1,215,000 | 117.0% | 0.4% |
| PEACH STATE FEDERAL CREDIT UNION | $1,675,000 | $1,180,000 | -29.6% | 0.4% |
| ANGEL OAK HOME LOANS LLC | $680,000 | $1,160,000 | 70.6% | 0.4% |
| AMERIFIRST FINANCIAL CORPORATION | $1,115,000 | n/a | 0.4% | |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,435,000 | $1,095,000 | -23.7% | 0.4% |
| HOME POINT FINANCIAL CORPORATION | $2,035,000 | $1,040,000 | -48.9% | 0.4% |
| PHH Mortgage Corporation | $490,000 | $1,035,000 | 111.2% | 0.4% |
| SHELTER HOME MORTGAGE, LLC | $1,205,000 | $1,030,000 | -14.5% | 0.4% |
| NEWREZ LLC | $2,835,000 | $1,000,000 | -64.7% | 0.3% |
| Ally Bank | $640,000 | $895,000 | 39.8% | 0.3% |
| ACOPIA, LLC | $1,575,000 | $870,000 | -44.8% | 0.3% |
| USAA Federal Savings Bank | $495,000 | $835,000 | 68.7% | 0.3% |
| Carrington Mortgage Services, LLC | $1,900,000 | $775,000 | -59.2% | 0.3% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $1,115,000 | $775,000 | -30.5% | 0.3% |
| CALIBER HOME LOANS, INC. | $1,060,000 | $750,000 | -29.2% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,465,000 | $750,000 | -48.8% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $390,000 | $740,000 | 89.7% | 0.3% |
| JPMorgan Chase Bank | $1,270,000 | $720,000 | -43.3% | 0.2% |
| PNC Bank | $775,000 | $720,000 | -7.1% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $655,000 | n/a | 0.2% | |
| U.S. Bank | $920,000 | $645,000 | -29.9% | 0.2% |
| ON Q FINANCIAL, INC. | $940,000 | $630,000 | -33.0% | 0.2% |
| HALLCO COMMUNITY CREDIT UNION | $235,000 | $600,000 | 155.3% | 0.2% |
| TJC Mortgage, Inc. | $1,120,000 | $600,000 | -46.4% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $595,000 | n/a | 0.2% | |
| GEORGIA'S OWN | $430,000 | $580,000 | 34.9% | 0.2% |
| Oconee State Bank | $485,000 | $580,000 | 19.6% | 0.2% |
| PLANET HOME LENDING, LLC | $580,000 | n/a | 0.2% | |
| Nations Lending Corporation | $385,000 | $575,000 | 49.4% | 0.2% |
| First American Bank and Trust Company | $1,230,000 | $570,000 | -53.7% | 0.2% |
| ZILLOW HOME LOANS, LLC | $105,000 | $570,000 | 442.9% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $1,920,000 | $550,000 | -71.4% | 0.2% |
| Discover Bank | $85,000 | $520,000 | 511.8% | 0.2% |
| TOWNE MORTGAGE COMPANY | $115,000 | $520,000 | 352.2% | 0.2% |
| Mortgage Assurance Inc. | $595,000 | $495,000 | -16.8% | 0.2% |
| US MORTGAGE CORPORATION | $1,010,000 | $470,000 | -53.5% | 0.2% |
| DELTA COMMUNITY CREDIT UNION | $1,125,000 | $445,000 | -60.4% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $195,000 | $415,000 | 112.8% | 0.1% |
| The Central Trust Bank | $415,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $240,000 | $370,000 | 54.2% | 0.1% |
| Evolve Bank & Trust | $205,000 | $365,000 | 78.0% | 0.1% |
| The Huntington National Bank | $365,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $2,305,000 | $360,000 | -84.4% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $345,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $950,000 | $345,000 | -63.7% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $390,000 | $340,000 | -12.8% | 0.1% |
| Flagstar Bank, FSB | $1,425,000 | $330,000 | -76.8% | 0.1% |
| CLEARPATH LENDING | $205,000 | $325,000 | 58.5% | 0.1% |
| First Federal Bank | $625,000 | $325,000 | -48.0% | 0.1% |
| BAY CAPITAL MORTGAGE CORPORATION | $305,000 | n/a | 0.1% | |
| ACADEMY MORTGAGE CORPORATION | $295,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $295,000 | n/a | 0.1% | |
| Northpointe Bank | $1,220,000 | $295,000 | -75.8% | 0.1% |
| Peoples Bank | $295,000 | n/a | 0.1% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $235,000 | $295,000 | 25.5% | 0.1% |
| DHI MORTGAGE COMPANY, LTD. | $75,000 | $285,000 | 280.0% | 0.1% |
| First-Citizens Bank & Trust Company | $285,000 | n/a | 0.1% | |
| LOANPAL, LLC | $155,000 | $285,000 | 83.9% | 0.1% |
| GEORGIA UNITED | $185,000 | $280,000 | 51.4% | 0.1% |
| SPRING EQ, LLC | $280,000 | n/a | 0.1% | |
| FirstBank | $535,000 | $275,000 | -48.6% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $135,000 | $275,000 | 103.7% | 0.1% |
| ITHINK FINANCIAL Credit Union | $270,000 | n/a | 0.1% | |
| Low VA Rates, LLC | $655,000 | $265,000 | -59.5% | 0.1% |
| T2 FINANCIAL LLC | $265,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $185,000 | $265,000 | 43.2% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $255,000 | n/a | 0.1% | |
| George Mason Mortgage, LLC | $255,000 | n/a | 0.1% | |
| HOME FUNDING CORPORATION | $255,000 | n/a | 0.1% | |
| MORTGAGE ACCESS CORP. | $255,000 | n/a | 0.1% | |
| The Federal Savings Bank | $520,000 | $255,000 | -51.0% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $250,000 | n/a | 0.1% | |
| Colony Bank | $245,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $585,000 | $245,000 | -58.1% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $245,000 | n/a | 0.1% | |
| TOTAL MORTGAGE SERVICES, LLC | $245,000 | n/a | 0.1% | |
| NATIONS RELIABLE LENDING, LLC | $305,000 | $235,000 | -23.0% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,070,000 | $235,000 | -78.0% | 0.1% |
| RBC Bank, (Georgia) | $235,000 | n/a | 0.1% | |
| Sierra Pacific Mortgage Company, Inc. | $195,000 | $235,000 | 20.5% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $305,000 | $225,000 | -26.2% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $225,000 | n/a | 0.1% | |
| ISERVE RESIDENTIAL LENDING, LLC | $800,000 | $225,000 | -71.9% | 0.1% |
| Bank of England | $380,000 | $215,000 | -43.4% | 0.1% |
| First National Bank of America | $215,000 | n/a | 0.1% | |
| Shamrock Home Loans, Inc. | $215,000 | n/a | 0.1% | |
| SOFI LENDING CORP. | $215,000 | n/a | 0.1% | |
| The Piedmont Bank | $125,000 | $215,000 | 72.0% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $775,000 | $210,000 | -72.9% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $340,000 | $205,000 | -39.7% | 0.1% |
| MORTGAGE INVESTORS GROUP, INC. | $195,000 | n/a | 0.1% | |
| PUBLIX EMPLOYEES | $195,000 | n/a | 0.1% | |
| United Bank | $195,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $260,000 | $185,000 | -28.8% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $740,000 | $185,000 | -75.0% | 0.1% |
| AMERICAN ADVISORS GROUP | $340,000 | $180,000 | -47.1% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $460,000 | $180,000 | -60.9% | 0.1% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $145,000 | $165,000 | 13.8% | 0.1% |
| Beeline Loans, Inc. | $165,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $165,000 | n/a | 0.1% | |
| MEMBER FIRST MORTGAGE, LLC | $165,000 | n/a | 0.1% | |
| MILEND, INC. | $330,000 | $165,000 | -50.0% | 0.1% |
| NEXERA HOLDING LLC | $165,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $1,140,000 | $155,000 | -86.4% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $265,000 | $155,000 | -41.5% | 0.1% |
| DAS Acquisition Company, LLC | $390,000 | $145,000 | -62.8% | 0.0% |
| SWBC MORTGAGE CORPORATION | $205,000 | $145,000 | -29.3% | 0.0% |
| AMWEST FUNDING CORP. | $115,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $245,000 | $115,000 | -53.1% | 0.0% |
| Assurance Financial Group, L.L.C. | $65,000 | $105,000 | 61.5% | 0.0% |
| First Guaranty Mortgage Corporation | $95,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $55,000 | $85,000 | 54.5% | 0.0% |
| ROBINS FINANCIAL | $85,000 | n/a | 0.0% | |
| Bank OZK | $455,000 | $80,000 | -82.4% | 0.0% |
| CREDIT UNION FINANCIAL SERVICES, LLC | $1,595,000 | $75,000 | -95.3% | 0.0% |
| Figure Lending LLC | $100,000 | $70,000 | -30.0% | 0.0% |
| DIGITAL Federal Credit Union | $55,000 | n/a | 0.0% | |
| LGE COMMUNITY | $335,000 | $55,000 | -83.6% | 0.0% |
| UNIFY FINANCIAL Credit Union | $225,000 | $55,000 | -75.6% | 0.0% |
| Lakeview Community Capital, LLC | $35,000 | n/a | 0.0% |
Cornelia's top lender by overall market share is HOMESTAR FINANCIAL CORPORATION, with 14.9% market share. In second place, with 6.5%, is Santander Bank, N.A., having originated $19,175,000 in loans. In third place, with 5.8%, is QUICKEN LOANS, LLC, having originated $16,985,000 in loans. In fourth place, with 5.6%, is United Community Bank, having originated $16,260,000 in loans. In fifth place, with 5.4%, is Heritage Southeast Bank, having originated $15,895,000 in loans.
Cornelia Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Cornelia (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 | $299,000 (-0.2%) | $470,611 (-12.9%) | 0.00 | 230 |
| 2018-02-01 | $303,100 (5.2%) | $479,713 (-9.4%) | 0.00 | 227 |
| 2018-03-01 | $324,900 (18.4%) | $563,836 (7.1%) | 0.00 | 228 |
| 2018-04-01 | $329,675 (4.7%) | $576,741 (6.4%) | 0.00 | 229 |
| 2018-05-01 | $329,675 (3.1%) | $584,358 (7.7%) | 0.00 | 219 |
| 2018-06-01 | $339,000 (5.4%) | $579,541 (5.4%) | 0.00 | 236 |
| 2018-07-01 | $333,650 (1.7%) | $582,127 (9.3%) | 0.00 | 254 |
| 2018-08-01 | $328,450 (7.1%) | $590,445 (14.7%) | 0.00 | 244 |
| 2018-09-01 | $332,450 (7.6%) | $593,552 (18.7%) | 0.00 | 261 |
| 2018-10-01 | $327,000 (4.2%) | $593,955 (19.3%) | 0.00 | 282 |
| 2018-11-01 | $299,950 (0.0%) | $599,360 (24.9%) | 0.00 | 280 |
| 2018-12-01 | $296,950 (-1.0%) | $625,292 (31.8%) | 0.00 | 264 |
| 2019-01-01 | $295,475 (-1.2%) | $637,950 (35.6%) | 0.00 | 242 |
| 2019-02-01 | $333,750 (10.1%) | $644,999 (34.5%) | 0.00 | 237 |
| 2019-03-01 | $328,129 (1.0%) | $641,338 (13.8%) | 0.00 | 238 |
| 2019-04-01 | $303,254 (-8.0%) | $607,966 (5.4%) | 0.00 | 259 |
| 2019-05-01 | $341,625 (3.6%) | $630,628 (7.9%) | 0.00 | 263 |
| 2019-06-01 | $339,900 (0.3%) | $621,347 (7.2%) | 0.00 | 272 |
| 2019-07-01 | $320,999 (-3.8%) | $624,374 (7.3%) | 0.00 | 275 |
| 2019-08-01 | $294,091 (-10.5%) | $593,961 (0.6%) | 0.00 | 272 |
| 2019-09-01 | $277,727 (-16.5%) | $562,867 (-5.2%) | 0.00 | 280 |
| 2019-10-01 | $284,268 (-13.1%) | $568,765 (-4.2%) | 0.00 | 265 |
| 2019-11-01 | $299,900 (0.0%) | $600,549 (0.2%) | 0.00 | 233 |
| 2019-12-01 | $299,900 (1.0%) | $640,617 (2.5%) | 0.00 | 227 |
| 2020-01-01 | $324,875 (10.0%) | $681,388 (6.8%) | 0.00 | 207 |
| 2020-02-01 | $329,500 (-1.3%) | $654,641 (1.5%) | 0.00 | 210 |
| 2020-03-01 | $344,950 (5.1%) | $636,493 (-0.8%) | 0.00 | 195 |
| 2020-04-01 | $344,950 (13.8%) | $624,580 (2.7%) | 0.00 | 204 |
| 2020-05-01 | $335,000 (-1.9%) | $621,769 (-1.4%) | 0.00 | 206 |
| 2020-06-01 | $347,725 (2.3%) | $670,332 (7.9%) | 0.00 | 187 |
| 2020-07-01 | $333,725 (4.0%) | $655,991 (5.1%) | 0.00 | 172 |
| 2020-08-01 | $329,450 (12.0%) | $646,177 (8.8%) | 0.00 | 149 |
| 2020-09-01 | $327,175 (17.8%) | $599,245 (6.5%) | 0.00 | 135 |
| 2020-10-01 | $324,950 (14.3%) | $621,921 (9.4%) | 0.00 | 112 |
| 2020-11-01 | $322,500 (7.5%) | $639,826 (6.5%) | 0.00 | 109 |
| 2020-12-01 | $299,725 (-0.1%) | $653,235 (2.0%) | 0.00 | 105 |
| 2021-01-01 | $347,400 (6.9%) | $654,950 (-3.9%) | 0.00 | 95 |
| 2021-02-01 | $325,500 (-1.2%) | $587,301 (-10.3%) | 0.00 | 87 |
| 2021-03-01 | $353,450 (2.5%) | $602,743 (-5.3%) | 0.00 | 83 |
| 2021-04-01 | $359,250 (4.2%) | $594,563 (-4.8%) | 0.00 | 66 |
| 2021-05-01 | $325,000 (-3.0%) | $561,949 (-9.6%) | 0.00 | 69 |
| 2021-06-01 | $338,000 (-2.8%) | $585,788 (-12.6%) | 0.00 | 76 |
| 2021-07-01 | $394,950 (18.4%) | $651,865 (-0.6%) | 0.00 | 73 |
| 2021-08-01 | $352,860 (7.1%) | $588,933 (-8.9%) | 0.00 | 78 |
| 2021-09-01 | $307,225 (-6.1%) | $583,234 (-2.7%) | 0.00 | 88 |
| 2021-10-01 | $316,400 (-2.6%) | $545,199 (-12.3%) | 0.00 | 88 |
| 2021-11-01 | $333,250 (3.3%) | $528,220 (-17.4%) | 0.00 | 88 |
| 2021-12-01 | $327,000 (9.1%) | $536,037 (-17.9%) | 0.00 | 78 |
| 2022-01-01 | $334,900 (-3.6%) | $490,004 (-25.2%) | 0.00 | 79 |
| 2022-02-01 | $334,300 (2.7%) | $478,378 (-18.6%) | 0.00 | 80 |
| 2022-03-01 | $349,975 (-1.0%) | $441,563 (-26.7%) | 0.00 | 77 |
| 2022-04-01 | $333,000 (-7.3%) | $455,218 (-23.4%) | 0.00 | 81 |
| 2022-05-01 | $329,450 (1.4%) | $481,219 (-14.4%) | 0.00 | 76 |
| 2022-06-01 | $346,225 (2.4%) | $545,424 (-6.9%) | 0.00 | 99 |
| 2022-07-01 | $369,900 (-6.3%) | $576,483 (-11.6%) | 0.00 | 136 |
| 2022-08-01 | $368,675 (4.5%) | $537,663 (-8.7%) | 0.00 | 149 |
| 2022-09-01 | $353,988 (15.2%) | $519,974 (-10.9%) | 0.00 | 149 |
| 2022-10-01 | $349,900 (10.6%) | $546,946 (0.3%) | 0.00 | 157 |
| 2022-11-01 | $357,400 (7.3%) | $584,759 (10.7%) | 0.00 | 167 |
| 2022-12-01 | $379,900 (16.2%) | $661,026 (23.3%) | 0.00 | 151 |
| 2023-01-01 | $399,200 (19.2%) | $724,269 (47.8%) | 0.00 | 133 |
| 2023-02-01 | $399,900 (19.6%) | $749,116 (56.6%) | 0.00 | 122 |
| 2023-03-01 | $401,950 (14.9%) | $795,782 (80.2%) | 0.00 | 114 |
| 2023-04-01 | $417,500 (25.4%) | $782,233 (71.8%) | 0.00 | 103 |
| 2023-05-01 | $449,000 (36.3%) | $815,902 (69.6%) | 0.00 | 104 |
| 2023-06-01 | $439,675 (27.0%) | $737,625 (35.2%) | 0.00 | 107 |
| 2023-07-01 | $399,000 (7.9%) | $680,224 (18.0%) | 0.00 | 133 |
| 2023-08-01 | $388,250 (5.3%) | $650,895 (21.1%) | 0.00 | 132 |
Cornelia's median listing price comes in at 0% of the national average.
Cornelia's average listing price for 2023-08-01 was $650,895, a difference of $113,232 (21.1%) versus the prior year and $-29,329 versus the prior month.
For the 2023-08-01 period, Cornelia had 132 MLS listings, a difference of -1 listings (-1%) versus the prior month and -17 listings (-11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cornelia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,317 sqft |
| 2018-02-01 | 0 days | 2,449 sqft |
| 2018-03-01 | 0 days | 2,567 sqft |
| 2018-04-01 | 0 days | 2,656 sqft |
| 2018-05-01 | 0 days | 2,640 sqft |
| 2018-06-01 | 0 days | 2,577 sqft |
| 2018-07-01 | 0 days | 2,504 sqft |
| 2018-08-01 | 0 days | 2,497 sqft |
| 2018-09-01 | 0 days | 2,547 sqft |
| 2018-10-01 | 0 days | 2,508 sqft |
| 2018-11-01 | 0 days | 2,430 sqft |
| 2018-12-01 | 0 days | 2,402 sqft |
| 2019-01-01 | 0 days | 2,514 sqft |
| 2019-02-01 | 0 days | 2,588 sqft |
| 2019-03-01 | 0 days | 2,579 sqft |
| 2019-04-01 | 0 days | 2,574 sqft |
| 2019-05-01 | 0 days | 2,593 sqft |
| 2019-06-01 | 0 days | 2,573 sqft |
| 2019-07-01 | 0 days | 2,499 sqft |
| 2019-08-01 | 0 days | 2,409 sqft |
| 2019-09-01 | 0 days | 2,366 sqft |
| 2019-10-01 | 0 days | 2,338 sqft |
| 2019-11-01 | 0 days | 2,321 sqft |
| 2019-12-01 | 0 days | 2,371 sqft |
| 2020-01-01 | 0 days | 2,496 sqft |
| 2020-02-01 | 0 days | 2,414 sqft |
| 2020-03-01 | 0 days | 2,365 sqft |
| 2020-04-01 | 0 days | 2,361 sqft |
| 2020-05-01 | 0 days | 2,407 sqft |
| 2020-06-01 | 0 days | 2,460 sqft |
| 2020-07-01 | 0 days | 2,432 sqft |
| 2020-08-01 | 0 days | 2,388 sqft |
| 2020-09-01 | 0 days | 2,279 sqft |
| 2020-10-01 | 0 days | 2,210 sqft |
| 2020-11-01 | 0 days | 2,274 sqft |
| 2020-12-01 | 0 days | 2,279 sqft |
| 2021-01-01 | 0 days | 2,451 sqft |
| 2021-02-01 | 0 days | 2,143 sqft |
| 2021-03-01 | 0 days | 2,214 sqft |
| 2021-04-01 | 0 days | 2,191 sqft |
| 2021-05-01 | 0 days | 2,056 sqft |
| 2021-06-01 | 0 days | 2,205 sqft |
| 2021-07-01 | 0 days | 2,284 sqft |
| 2021-08-01 | 0 days | 2,207 sqft |
| 2021-09-01 | 0 days | 2,144 sqft |
| 2021-10-01 | 0 days | 2,145 sqft |
| 2021-11-01 | 0 days | 2,042 sqft |
| 2021-12-01 | 0 days | 2,037 sqft |
| 2022-01-01 | 0 days | 1,958 sqft |
| 2022-02-01 | 0 days | 1,871 sqft |
| 2022-03-01 | 0 days | 1,968 sqft |
| 2022-04-01 | 0 days | 1,797 sqft |
| 2022-05-01 | 0 days | 1,755 sqft |
| 2022-06-01 | 0 days | 1,884 sqft |
| 2022-07-01 | 0 days | 1,922 sqft |
| 2022-08-01 | 0 days | 2,123 sqft |
| 2022-09-01 | 0 days | 2,080 sqft |
| 2022-10-01 | 0 days | 2,074 sqft |
| 2022-11-01 | 0 days | 2,200 sqft |
| 2022-12-01 | 0 days | 2,146 sqft |
| 2023-01-01 | 0 days | 2,202 sqft |
| 2023-02-01 | 0 days | 2,196 sqft |
| 2023-03-01 | 0 days | 2,229 sqft |
| 2023-04-01 | 0 days | 2,350 sqft |
| 2023-05-01 | 0 days | 2,407 sqft |
| 2023-06-01 | 0 days | 2,225 sqft |
| 2023-07-01 | 0 days | 2,131 sqft |
| 2023-08-01 | 0 days | 2,141 sqft |
Cornelia's median square footage for active listings during the 2023-08-01 period was 2,141 sqft. One year prior, the average listing was 2,123 sqft.
Cornelia, GA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 655 | $186,045,000 | $284,038 |
| Cash Out Refi | 219 | $48,735,000 | $222,534 |
| Refi | 139 | $44,995,000 | $323,705 |
| Home Improvement | 91 | $8,475,000 | $93,132 |
| Other | 54 | $4,680,000 | $86,667 |
Cornelia's most frequently cited loan purpose was Home Purchase, with 655 originations. The 2nd most popular reason was Cash Out Refi, with 219 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 283 | $68,595,000 | $242,385 |
| 4-5% | 255 | $79,425,000 | $311,471 |
| 3-4% | 253 | $54,395,000 | $215,000 |
| 6-7% | 147 | $31,485,000 | $214,184 |
| 2.5-3% | 66 | $13,360,000 | $202,424 |
| 7-8% | 52 | $9,600,000 | $184,615 |
| <2.5% | 35 | $5,805,000 | $165,857 |
| Over 8% | 28 | $4,850,000 | $173,214 |
During 2022, Cornelia's most frequently originated rate bucket was 5-6%, with 283 originations.
Loan Sizing (Cornelia, GA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 520 | $140,800,000 | $270,769 |
| $100k-200k | 378 | $57,610,000 | $152,407 |
| $100,000 or less | 172 | $9,910,000 | $57,616 |
| $400k-600k | 65 | $30,835,000 | $474,385 |
| $600k-1000k | 17 | $11,925,000 | $701,471 |
| $Over $1MM | 6 | $41,850,000 | $6,975,000 |
Cornelia's loan sizing saw the bucket of loans from $200k-400k with 520 originations, totaling $140,800,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 495 | $133,745,000 | $270,192 |
| 60-80% | 265 | $85,985,000 | $324,472 |
| 40-60% | 142 | $24,440,000 | $172,113 |
| 20-40% | 110 | $12,130,000 | $110,273 |
| Under 20% | 83 | $4,105,000 | $49,458 |
| Over 100% | 16 | $4,840,000 | $302,500 |
Cornelia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 495 originations, totaling $133,745,000 in origination value.