Cornelia Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Cornelia averaged 7.18% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.76% and one month ago for the week of 2024-03-14, the average rate was 6.52%.

    Cornelia's average rate one year ago was 6.15%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Cornelia 30 Year Fixed Rate 2024-04-18 7.18%
    Cornelia 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Cornelia 15 Year Fixed Rate 2024-04-18 6.19%
    Cornelia 15 Year Fixed Rate Refi 2024-04-18 6.59%
    Cornelia 30 Year FHA 2024-04-18 6.94%
    Cornelia 30 Year FHA Refi 2024-04-18 7.06%
    Cornelia 30 Year USDA 2024-04-18 6.86%
    Cornelia 30 Year USDA Refi 2024-04-18 7.06%
    Cornelia 30 Year VA 2024-04-18 6.76%
    Cornelia 30 Year VA Refi 2024-04-18 6.86%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cornelia, GA.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    HOMESTAR FINANCIAL CORPORATION 31 6.42% $4,874
    QUICKEN LOANS, LLC 26 6.69% $7,729
    United Community Bank 18 6.96% $4,504
    Renasant Bank 17 6.81% $6,952
    HOMEOWNERS FINANCIAL GROUP USA, LLC 17 6.91% $7,882
    South State Bank 17 6.82% $5,033
    UNITED WHOLESALE MORTGAGE, LLC 16 6.64% $7,002
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 13 6.82% $8,951
    Regions Bank 9 6.50% $4,282
    AMERICAN FINANCIAL NETWORK, INC. 8 7.03% $6,940
    STOCKTON MORTGAGE CORPORATION 6 6.77% $6,954
    UNION HOME MORTGAGE CORP. 5 6.93% $7,153
    PEACH STATE FEDERAL CREDIT UNION 5 5.78% $6,467
    Ameris Bank 5 6.80% $5,975
    CROSSCOUNTRY MORTGAGE, LLC 5 7.28% $7,172
    ACOPIA, LLC 5 7.15% $7,176
    PENNYMAC LOAN SERVICES, LLC 4 6.81% $5,242
    Wells Fargo Bank 4 6.34% $3,516
    21ST MORTGAGE CORPORATION 3 8.42% $6,439
    GUARANTEED RATE, INC. 3 6.42% $6,671
    Assurance Financial Group, L.L.C. 3 7.37% $6,854
    FIRST COMMUNITY MORTGAGE, INC. 2 7.06% $12,612
    Bank of America 2 7.56% $6,067
    Capital City Home Loans, LLC 2 5.63% $13,487
    CHURCHILL MORTGAGE CORPORATION 2 6.63% $10,444
    CMG MORTGAGE, INC. 2 6.31% $11,086
    EVERETT FINANCIAL, INC. 2 6.75% $5,814
    First Option Mortgage, LLC 2 6.88% $7,461
    Morgan Stanley Private Bank 2 6.08% $4,101
    NexBank 2 6.37% $6,863
    Truist 2 6.85% $2,467
    USAA Federal Savings Bank 2 6.13% $8,807
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.56% $6,812
    JPMorgan Chase Bank 1 6.99% $5,266
    LOANDEPOT.COM, LLC 1 7.38% $11,845
    Mazuma Credit Union 1 8.13% $3,301
    AMERISAVE MORTGAGE CORPORATION 1 8.00% $12,978
    MOVEMENT MORTGAGE, LLC 1 7.56% $7,633
    Mr. Cooper ( Nationstar Mortgage ) 1 7.99% $10,640
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.88% $9,016
    NAVY FEDERAL CREDIT UNION 1 8.00% $7,788
    Neighborhood Loans, Inc. 1 6.00% $8,782
    US MORTGAGE CORPORATION 1 6.50% $4,767
    NFM, INC. 1 6.88% $11,752
    Northpointe Bank 1 6.63% $3,581
    GEORGIA'S OWN 1 6.13% $4,086
    GENEVA FINANCIAL, LLC 1 7.38% $4,585
    PNC Bank 1 7.88% $4,767
    Prosperity Home Mortgage, LLC 1 8.63% $8,317
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $4,190
    FREEDOM MORTGAGE CORPORATION 1 6.63% $6,545
    RADIUS FINANCIAL GROUP INC. 1 6.25% $3,711
    First Heritage Mortgage, LLC 1 7.50% $5,560
    RELIANCE FIRST CAPITAL, LLC 1 5.99% $6,795
    First Federal Bank 1 5.38% $4,173
    SHELTER HOME MORTGAGE, LLC 1 7.13% $3,881
    SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 5.25% $23,353
    First-Citizens Bank & Trust Company 1 5.78% $4,675
    STATE EMPLOYEES' 1 5.40% $5,475
    CREDIT UNION FINANCIAL SERVICES, LLC 1 6.38% $1,973
    Suncoast Credit Union 1 4.38% $4,533
    The Loan Store, Inc. 1 6.50% $7,887
    The Park National Bank 1 7.50% $6,595
    TJC Mortgage, Inc. 1 6.50% $7,762
    ZILLOW HOME LOANS, LLC 1 6.88% $7,309
    BROKER SOLUTIONS, INC. 1 7.13% $3,915
    BNY Mellon 1 6.00% $6,471
    Bell Bank 1 7.49% $3,514
    GUARANTY MORTGAGE SERVICES, L.L.C. 1 7.99% $13,021
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.38% $3,868
    GUARANTEED RATE AFFINITY, LLC 1 6.88% $7,243
    GMFS LLC 1 7.13% $2,484
    Ixonia Bank 1 6.63% $5,191

    Cornelia Average Closing Costs & Other Stats

    Cornelia, GA's 73 lenders originated 880 loans during 2023. The total origination value was $201,780,000, with an average loan value of $229,295.

    Cornelia's average closing costs are $5,359.

    The top Cornelia lender as defined by loan originations is HOMESTAR FINANCIAL CORPORATION, with 31 loans originated. Their average total fees are $4,874, which is $2,855 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Cornelia lenders (with over 10 loans originated) are United Community Bank ($4,504), HOMESTAR FINANCIAL CORPORATION ($4,874), South State Bank ($5,033), Renasant Bank ($6,952) and UNITED WHOLESALE MORTGAGE, LLC ($7,002).

    The lowest rate Cornelia lenders (with over 10 loans originated) are HOMESTAR FINANCIAL CORPORATION (6.42%), UNITED WHOLESALE MORTGAGE, LLC (6.64%), QUICKEN LOANS, LLC (6.69%), Renasant Bank (6.81%) and South State Bank (6.82%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    HOMESTAR FINANCIAL CORPORATION $43,780,000 $15,015,000 -65.7% 7.4%
    United Community Bank $16,260,000 $14,215,000 -12.6% 7.0%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $9,955,000 $11,920,000 19.7% 5.9%
    QUICKEN LOANS, LLC $16,985,000 $11,535,000 -32.1% 5.7%
    South State Bank $10,860,000 $11,295,000 4.0% 5.6%
    UNITED WHOLESALE MORTGAGE, LLC $7,650,000 $10,820,000 41.4% 5.4%
    Pinnacle Bank $7,330,000 $9,345,000 27.5% 4.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,340,000 $6,850,000 8.0% 3.4%
    ORIX REAL ESTATE CAPITAL, LLC $6,795,000 n/a 3.4%
    STOCKTON MORTGAGE CORPORATION $5,180,000 $5,845,000 12.8% 2.9%
    Renasant Bank $5,345,000 $5,545,000 3.7% 2.7%
    Regions Bank $6,240,000 $4,555,000 -27.0% 2.3%
    Mortgage Research Center, LLC $5,295,000 $3,845,000 -27.4% 1.9%
    AMERICAN FINANCIAL NETWORK, INC. $3,500,000 n/a 1.7%
    GUARANTEED RATE, INC. $1,725,000 $3,490,000 102.3% 1.7%
    CROSSCOUNTRY MORTGAGE, LLC $1,325,000 $3,205,000 141.9% 1.6%
    PENNYMAC LOAN SERVICES, LLC $3,790,000 $2,580,000 -31.9% 1.3%
    Ameris Bank $2,325,000 $2,575,000 10.8% 1.3%
    21ST MORTGAGE CORPORATION $3,900,000 $2,235,000 -42.7% 1.1%
    UNION HOME MORTGAGE CORP. $2,060,000 n/a 1.0%
    First Option Mortgage, LLC $1,350,000 $1,930,000 43.0% 1.0%
    Sterling Bank $1,805,000 n/a 0.9%
    Truist $2,925,000 $1,710,000 -41.5% 0.8%
    Capital City Home Loans, LLC $1,215,000 $1,705,000 40.3% 0.8%
    BROKER SOLUTIONS, INC. $1,745,000 $1,695,000 -2.9% 0.8%
    ACOPIA, LLC $870,000 $1,650,000 89.7% 0.8%
    AMERISAVE MORTGAGE CORPORATION $1,820,000 $1,615,000 -11.3% 0.8%
    VANDERBILT MORTGAGE AND FINANCE, INC. $2,330,000 $1,555,000 -33.3% 0.8%
    Prosperity Home Mortgage, LLC $1,870,000 $1,425,000 -23.8% 0.7%
    Bank of America $1,295,000 $1,415,000 9.3% 0.7%
    PEACH STATE FEDERAL CREDIT UNION $1,180,000 $1,410,000 19.5% 0.7%
    FREEDOM MORTGAGE CORPORATION $3,030,000 $1,405,000 -53.6% 0.7%
    Wells Fargo Bank $3,060,000 $1,305,000 -57.4% 0.6%
    CMG MORTGAGE, INC. $1,260,000 n/a 0.6%
    The Piedmont Bank $215,000 $1,260,000 486.0% 0.6%
    CHURCHILL MORTGAGE CORPORATION $1,235,000 n/a 0.6%
    FIRST COMMUNITY MORTGAGE, INC. $360,000 $1,185,000 229.2% 0.6%
    USAA Federal Savings Bank $835,000 $1,165,000 39.5% 0.6%
    BNY Mellon $1,005,000 n/a 0.5%
    GEORGIA'S OWN $580,000 $965,000 66.4% 0.5%
    MOVEMENT MORTGAGE, LLC $2,490,000 $955,000 -61.6% 0.5%
    EVERETT FINANCIAL, INC. $5,685,000 $930,000 -83.6% 0.5%
    Assurance Financial Group, L.L.C. $105,000 $915,000 771.4% 0.5%
    GMFS LLC $915,000 n/a 0.5%
    Paramount Residential Mortgage Group, Inc. $595,000 $905,000 52.1% 0.4%
    NexBank $855,000 n/a 0.4%
    First-Citizens Bank & Trust Company $285,000 $850,000 198.2% 0.4%
    Northpointe Bank $295,000 $800,000 171.2% 0.4%
    SOUTHEAST MORTGAGE OF GEORGIA, INC. $775,000 $800,000 3.2% 0.4%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $205,000 $765,000 273.2% 0.4%
    Carrington Mortgage Services, LLC $775,000 $765,000 -1.3% 0.4%
    NAVY FEDERAL CREDIT UNION $2,265,000 $725,000 -68.0% 0.4%
    Synovus Bank $4,055,000 $705,000 -82.6% 0.3%
    Flagstar Bank, FSB $330,000 $700,000 112.1% 0.3%
    Morgan Stanley Private Bank $680,000 n/a 0.3%
    LOANDEPOT.COM, LLC $2,850,000 $675,000 -76.3% 0.3%
    Figure Lending LLC $70,000 $660,000 842.9% 0.3%
    GEORGIA UNITED $280,000 $640,000 128.6% 0.3%
    CREDIT UNION FINANCIAL SERVICES, LLC $75,000 $635,000 746.7% 0.3%
    First Federal Bank $325,000 $635,000 95.4% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $1,495,000 $625,000 -58.2% 0.3%
    Mid-Continent Funding, Inc. $590,000 n/a 0.3%
    GUILD MORTGAGE COMPANY $575,000 n/a 0.3%
    Discover Bank $520,000 $540,000 3.8% 0.3%
    Bank OZK $80,000 $530,000 562.5% 0.3%
    Franklin Loan Corporation $530,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $1,275,000 $510,000 -60.0% 0.3%
    STATE EMPLOYEES' $505,000 n/a 0.3%
    NEWREZ LLC $1,000,000 $480,000 -52.0% 0.2%
    Peoples Bank $295,000 $475,000 61.0% 0.2%
    MORTGAGE INVESTORS GROUP, INC. $195,000 $460,000 135.9% 0.2%
    HALLCO COMMUNITY CREDIT UNION $600,000 $450,000 -25.0% 0.2%
    Loan Simple, Inc. $445,000 n/a 0.2%
    The Park National Bank $445,000 n/a 0.2%
    Equity Prime Mortgage LLC $4,020,000 $420,000 -89.6% 0.2%
    Citizens Bank $410,000 n/a 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $275,000 $400,000 45.5% 0.2%
    NATIONWIDE MORTGAGE BANKERS, INC. $385,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $750,000 $375,000 -50.0% 0.2%
    Peach State Bank & Trust $360,000 n/a 0.2%
    ISERVE RESIDENTIAL LENDING, LLC $225,000 $335,000 48.9% 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $185,000 $325,000 75.7% 0.2%
    GUARANTY MORTGAGE SERVICES, L.L.C. $315,000 n/a 0.2%
    HOMESIDE FINANCIAL, LLC $315,000 n/a 0.2%
    TJC Mortgage, Inc. $600,000 $315,000 -47.5% 0.2%
    GUARANTEED RATE AFFINITY, LLC $245,000 $305,000 24.5% 0.2%
    Nations Lending Corporation $575,000 $300,000 -47.8% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $345,000 $295,000 -14.5% 0.1%
    ZILLOW HOME LOANS, LLC $570,000 $295,000 -48.2% 0.1%
    HOMESPIRE MORTGAGE CORPORATION $275,000 n/a 0.1%
    NFM, INC. $275,000 n/a 0.1%
    AMERICAN HERITAGE LENDING, INC. $255,000 n/a 0.1%
    APCO EMPLOYEES $255,000 n/a 0.1%
    NBKC BANK $255,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $255,000 n/a 0.1%
    PNC Bank $720,000 $250,000 -65.3% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $235,000 $235,000 0.0% 0.1%
    SHELTER HOME MORTGAGE, LLC $1,030,000 $235,000 -77.2% 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $225,000 n/a 0.1%
    F&M Bank $225,000 n/a 0.1%
    The Loan Store, Inc. $215,000 n/a 0.1%
    FIRST ALLIANCE HOME MORTGAGE, LLC $205,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $205,000 n/a 0.1%
    LOANFLIGHT LENDING, LLC $205,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $345,000 $205,000 -40.6% 0.1%
    Suncoast Credit Union $205,000 n/a 0.1%
    US MORTGAGE CORPORATION $470,000 $205,000 -56.4% 0.1%
    SPRING EQ, LLC $280,000 $200,000 -28.6% 0.1%
    Peoples Bank & Trust $195,000 n/a 0.1%
    Neighborhood Loans, Inc. $185,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $175,000 n/a 0.1%
    PLANET HOME LENDING, LLC $580,000 $175,000 -69.8% 0.1%
    Bank of England $215,000 $165,000 -23.3% 0.1%
    RADIUS FINANCIAL GROUP INC. $165,000 n/a 0.1%
    Bethpage Federal Credit Union $85,000 $155,000 82.4% 0.1%
    First Heritage Mortgage, LLC $155,000 n/a 0.1%
    Ixonia Bank $155,000 n/a 0.1%
    NEXERA HOLDING LLC $165,000 $155,000 -6.1% 0.1%
    CARDINAL FINANCIAL $1,095,000 $145,000 -86.8% 0.1%
    JPMorgan Chase Bank $720,000 $145,000 -79.9% 0.1%
    V.I.P. MORTGAGE, INC. $145,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $250,000 $135,000 -46.0% 0.1%
    FINANCE OF AMERICA REVERSE LLC $125,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $105,000 n/a 0.1%
    Mazuma Credit Union $105,000 n/a 0.1%
    Bell Bank $65,000 n/a 0.0%
    Third Federal Savings and Loan Association of Cleveland $55,000 n/a 0.0%

    Cornelia's top lender by overall market share is HOMESTAR FINANCIAL CORPORATION, with 7.4% market share. In second place, with 7.0%, is United Community Bank, having originated $14,215,000 in loans. In third place, with 5.9%, is HOMEOWNERS FINANCIAL GROUP USA, LLC, having originated $11,920,000 in loans. In fourth place, with 5.7%, is QUICKEN LOANS, LLC, having originated $11,535,000 in loans. In fifth place, with 5.6%, is South State Bank, having originated $11,295,000 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%) $472,658 (-12.5%) 0.00 228
    2018-02-01 $303,100 (5.2%) $481,822 (-9.0%) 0.00 225
    2018-03-01 $324,900 (18.4%) $566,702 (7.7%) 0.00 226
    2018-04-01 $334,450 (6.2%) $579,816 (6.9%) 0.00 227
    2018-05-01 $329,900 (3.1%) $587,001 (8.2%) 0.00 218
    2018-06-01 $339,450 (4.7%) $581,490 (5.5%) 0.00 235
    2018-07-01 $334,925 (2.3%) $583,940 (9.5%) 0.00 253
    2018-08-01 $330,200 (9.3%) $592,336 (14.9%) 0.00 243
    2018-09-01 $334,900 (8.4%) $595,367 (18.9%) 0.00 260
    2018-10-01 $327,750 (4.5%) $595,622 (19.2%) 0.00 281
    2018-11-01 $302,200 (0.8%) $601,094 (24.7%) 0.00 279
    2018-12-01 $299,900 (0.0%) $627,203 (31.7%) 0.00 263
    2019-01-01 $298,425 (-0.2%) $640,070 (35.4%) 0.00 241
    2019-02-01 $335,000 (10.5%) $646,154 (34.1%) 0.00 237
    2019-03-01 $329,307 (1.4%) $643,205 (13.5%) 0.00 237
    2019-04-01 $305,725 (-8.6%) $612,012 (5.6%) 0.00 257
    2019-05-01 $344,450 (4.4%) $635,073 (8.2%) 0.00 261
    2019-06-01 $339,900 (0.1%) $625,617 (7.6%) 0.00 271
    2019-07-01 $320,999 (-4.2%) $625,454 (7.1%) 0.00 275
    2019-08-01 $294,077 (-10.9%) $594,133 (0.3%) 0.00 272
    2019-09-01 $277,693 (-17.1%) $563,298 (-5.4%) 0.00 279
    2019-10-01 $284,020 (-13.3%) $569,527 (-4.4%) 0.00 264
    2019-11-01 $299,900 (-0.8%) $601,555 (0.1%) 0.00 232
    2019-12-01 $299,675 (-0.1%) $641,840 (2.3%) 0.00 226
    2020-01-01 $323,375 (8.4%) $682,955 (6.7%) 0.00 206
    2020-02-01 $327,200 (-2.3%) $655,987 (1.5%) 0.00 209
    2020-03-01 $346,000 (5.1%) $637,989 (-0.8%) 0.00 194
    2020-04-01 $346,225 (13.3%) $625,977 (2.3%) 0.00 203
    2020-05-01 $339,900 (-1.3%) $627,209 (-1.2%) 0.00 203
    2020-06-01 $349,450 (2.8%) $674,457 (7.8%) 0.00 186
    2020-07-01 $337,450 (5.1%) $657,744 (5.2%) 0.00 171
    2020-08-01 $329,900 (12.2%) $648,171 (9.1%) 0.00 148
    2020-09-01 $320,925 (15.6%) $601,078 (6.7%) 0.00 134
    2020-10-01 $324,900 (14.4%) $627,285 (10.1%) 0.00 111
    2020-11-01 $327,500 (9.2%) $644,314 (7.1%) 0.00 108
    2020-12-01 $299,725 (0.0%) $659,910 (2.8%) 0.00 103
    2021-01-01 $354,900 (9.8%) $658,137 (-3.6%) 0.00 94
    2021-02-01 $337,250 (3.1%) $593,663 (-9.5%) 0.00 85
    2021-03-01 $355,950 (2.9%) $605,739 (-5.1%) 0.00 82
    2021-04-01 $359,725 (3.9%) $596,598 (-4.7%) 0.00 66
    2021-05-01 $331,000 (-2.6%) $565,322 (-9.9%) 0.00 68
    2021-06-01 $341,000 (-2.4%) $587,376 (-12.9%) 0.00 76
    2021-07-01 $399,900 (18.5%) $651,865 (-0.9%) 0.00 73
    2021-08-01 $352,860 (7.0%) $588,933 (-9.1%) 0.00 78
    2021-09-01 $307,225 (-4.3%) $586,199 (-2.5%) 0.00 87
    2021-10-01 $316,400 (-2.6%) $545,199 (-13.1%) 0.00 88
    2021-11-01 $334,500 (2.1%) $528,220 (-18.0%) 0.00 88
    2021-12-01 $327,000 (9.1%) $537,275 (-18.6%) 0.00 78
    2022-01-01 $334,900 (-5.6%) $490,004 (-25.6%) 0.00 79
    2022-02-01 $334,300 (-0.9%) $478,378 (-19.4%) 0.00 80
    2022-03-01 $349,975 (-1.7%) $441,563 (-27.1%) 0.00 77
    2022-04-01 $333,000 (-7.4%) $455,218 (-23.7%) 0.00 81
    2022-05-01 $329,450 (-0.5%) $481,219 (-14.9%) 0.00 76
    2022-06-01 $346,225 (1.5%) $545,424 (-7.1%) 0.00 99
    2022-07-01 $369,900 (-7.5%) $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 (-11.3%) 0.00 149
    2022-10-01 $349,900 (10.6%) $546,946 (0.3%) 0.00 157
    2022-11-01 $357,400 (6.9%) $584,759 (10.7%) 0.00 167
    2022-12-01 $379,900 (16.2%) $661,026 (23.0%) 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 $410,000 (23.1%) $782,233 (71.8%) 0.00 101
    2023-05-01 $448,000 (36.0%) $813,195 (69.0%) 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
    2023-09-01 $390,000 (10.2%) $635,411 (22.2%) 0.00 139
    2023-10-01 $384,450 (9.9%) $566,400 (3.6%) 0.00 139
    2023-11-01 $385,725 (7.9%) $629,078 (7.6%) 0.00 133
    2023-12-01 $375,000 (-1.3%) $641,177 (-3.0%) 0.00 137
    2024-01-01 $373,375 (-6.5%) $631,104 (-12.9%) 0.00 123
    2024-02-01 $399,225 (-0.2%) $679,358 (-9.3%) 0.00 111
    2024-03-01 $399,900 (-0.5%) $669,282 (-15.9%) 0.00 124
    Cornelia's median listing price for 2024-03-01 was $399,900, a difference of $-2,050 (-0.5%) versus the prior year and $675 versus the prior month.

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

    Cornelia's average listing price for 2024-03-01 was $669,282, a difference of $-126,500 (-15.9%) versus the prior year and $-10,076 versus the prior month.

    For the 2024-03-01 period, Cornelia had 124 MLS listings, a difference of 13 listings (12%) versus the prior month and 10 listings (9%) 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 2,325 sqft
    2018-02-01 0 days 2,457 sqft
    2018-03-01 0 days 2,520 sqft
    2018-04-01 0 days 2,631 sqft
    2018-05-01 0 days 2,616 sqft
    2018-06-01 0 days 2,567 sqft
    2018-07-01 0 days 2,487 sqft
    2018-08-01 0 days 2,495 sqft
    2018-09-01 0 days 2,573 sqft
    2018-10-01 0 days 2,493 sqft
    2018-11-01 0 days 2,416 sqft
    2018-12-01 0 days 2,400 sqft
    2019-01-01 0 days 2,467 sqft
    2019-02-01 0 days 2,592 sqft
    2019-03-01 0 days 2,584 sqft
    2019-04-01 0 days 2,574 sqft
    2019-05-01 0 days 2,582 sqft
    2019-06-01 0 days 2,576 sqft
    2019-07-01 0 days 2,511 sqft
    2019-08-01 0 days 2,431 sqft
    2019-09-01 0 days 2,390 sqft
    2019-10-01 0 days 2,363 sqft
    2019-11-01 0 days 2,333 sqft
    2019-12-01 0 days 2,391 sqft
    2020-01-01 0 days 2,517 sqft
    2020-02-01 0 days 2,464 sqft
    2020-03-01 0 days 2,446 sqft
    2020-04-01 0 days 2,439 sqft
    2020-05-01 0 days 2,531 sqft
    2020-06-01 0 days 2,569 sqft
    2020-07-01 0 days 2,500 sqft
    2020-08-01 0 days 2,431 sqft
    2020-09-01 0 days 2,355 sqft
    2020-10-01 0 days 2,234 sqft
    2020-11-01 0 days 2,332 sqft
    2020-12-01 0 days 2,301 sqft
    2021-01-01 0 days 2,500 sqft
    2021-02-01 0 days 2,182 sqft
    2021-03-01 0 days 2,220 sqft
    2021-04-01 0 days 2,191 sqft
    2021-05-01 0 days 2,044 sqft
    2021-06-01 0 days 2,218 sqft
    2021-07-01 0 days 2,328 sqft
    2021-08-01 0 days 2,166 sqft
    2021-09-01 0 days 2,128 sqft
    2021-10-01 0 days 2,126 sqft
    2021-11-01 0 days 1,984 sqft
    2021-12-01 0 days 2,019 sqft
    2022-01-01 0 days 1,991 sqft
    2022-02-01 0 days 1,880 sqft
    2022-03-01 0 days 1,990 sqft
    2022-04-01 0 days 1,778 sqft
    2022-05-01 0 days 1,733 sqft
    2022-06-01 0 days 1,916 sqft
    2022-07-01 0 days 2,071 sqft
    2022-08-01 0 days 2,179 sqft
    2022-09-01 0 days 2,172 sqft
    2022-10-01 0 days 2,105 sqft
    2022-11-01 0 days 2,215 sqft
    2022-12-01 0 days 2,124 sqft
    2023-01-01 0 days 2,197 sqft
    2023-02-01 0 days 2,189 sqft
    2023-03-01 0 days 2,211 sqft
    2023-04-01 0 days 2,350 sqft
    2023-05-01 0 days 2,395 sqft
    2023-06-01 0 days 2,210 sqft
    2023-07-01 0 days 2,160 sqft
    2023-08-01 0 days 2,143 sqft
    2023-09-01 0 days 2,131 sqft
    2023-10-01 0 days 2,162 sqft
    2023-11-01 0 days 2,164 sqft
    2023-12-01 0 days 2,102 sqft
    2024-01-01 0 days 1,912 sqft
    2024-02-01 0 days 2,179 sqft
    2024-03-01 0 days 2,188 sqft
    Cornelia's median listing age (time on market) for 2024-03-01 was 0 days.

    Cornelia's median square footage for active listings during the 2024-03-01 period was 2,188 sqft. One year prior, the average listing was 2,211 sqft.

    Cornelia, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 494 $145,550,000 $294,636
    Home Improvement 122 $11,440,000 $93,770
    Cash Out Refi 109 $20,465,000 $187,752
    Other 81 $9,205,000 $113,642
    Refi 74 $15,120,000 $204,324

    Cornelia's most frequently cited loan purpose was Home Purchase, with 494 originations. The 2nd most popular reason was Home Improvement, with 122 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 337 $83,195,000 $246,869
    7-8% 237 $49,395,000 $208,418
    5-6% 115 $31,785,000 $276,391
    Over 8% 112 $13,090,000 $116,875
    4-5% 13 $3,405,000 $261,923
    <2.5% 2 $6,800,000 $3,400,000

    During 2023, Cornelia's most frequently originated rate bucket was 6-7%, with 337 originations.

    Loan Sizing (Cornelia, GA MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 401 $109,415,000 $272,855
    $100,000 or less 200 $11,700,000 $58,500
    $100k-200k 198 $29,690,000 $149,949
    $400k-600k 64 $30,050,000 $469,531
    $600k-1000k 12 $9,040,000 $753,333
    $Over $1MM 5 $11,885,000 $2,377,000

    Cornelia's loan sizing saw the bucket of loans from $200k-400k with 401 originations, totaling $109,415,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 327 $95,375,000 $291,667
    60-80% 157 $39,605,000 $252,261
    20-40% 122 $16,050,000 $131,557
    Under 20% 106 $5,790,000 $54,623
    40-60% 81 $16,055,000 $198,210
    Over 100% 17 $12,935,000 $760,882

    Cornelia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 327 originations, totaling $95,375,000 in origination value.