Dayton 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 Dayton averaged 7.46% 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 7.24% and one month ago for the week of 2024-03-14, the average rate was 6.9%.

    Dayton's average rate one year ago was 6.33%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.6%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Dayton 30 Year Fixed Rate 2024-04-18 7.46%
    Dayton 30 Year Fixed Rate Refi 2024-04-18 7.6%
    Dayton 15 Year Fixed Rate 2024-04-18 6.49%
    Dayton 15 Year Fixed Rate Refi 2024-04-18 6.59%
    Dayton 30 Year FHA 2024-04-18 6.9%
    Dayton 30 Year FHA Refi 2024-04-18 6.66%
    Dayton 30 Year USDA 2024-04-18 6.66%
    Dayton 30 Year USDA Refi 2024-04-18 7.06%
    Dayton 30 Year VA 2024-04-18 6.66%
    Dayton 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dayton, TN.

    Dayton 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 Dayton, TN 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
    UNITED WHOLESALE MORTGAGE, LLC 15 7.43% $5,793
    QUICKEN LOANS, LLC 12 6.91% $6,836
    Citizens Bank 10 6.51% $4,875
    FIRST COMMUNITY MORTGAGE, INC. 9 6.94% $6,679
    MORTGAGE INVESTORS GROUP, INC. 9 6.36% $4,851
    FirstBank 7 6.89% $5,011
    CMG MORTGAGE, INC. 5 6.82% $4,745
    Citizens Tri-County Bank 5 6.38% $4,563
    MOVEMENT MORTGAGE, LLC 4 6.40% $6,691
    TENNESSEE VALLEY 4 6.94% $4,659
    VANDERBILT MORTGAGE AND FINANCE, INC. 4 7.81% $5,914
    STOCKTON MORTGAGE CORPORATION 4 6.66% $7,904
    Farm Credit Mid-America, ACA 3 6.79% $5,772
    COMMUNITY MORTGAGE CORPORATION 3 6.71% $3,993
    The First National Bank of Middle Tennessee 3 6.79% $4,619
    Pinnacle Bank 3 7.08% $5,703
    LOANDEPOT.COM, LLC 3 6.87% $7,338
    SouthEast Bank 3 6.87% $1,387
    NAVY FEDERAL CREDIT UNION 2 7.25% $3,776
    AmeriHome Mortgage Company, LLC 2 6.94% $4,980
    GUARANTEED RATE, INC. 2 7.25% $4,972
    GUILD MORTGAGE COMPANY 2 7.81% $11,487
    AMERISAVE MORTGAGE CORPORATION 2 6.50% $5,085
    Regions Bank 2 7.69% $6,027
    Renasant Bank 2 7.13% $5,490
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.49% $10,267
    ROYAL UNITED MORTGAGE LLC 2 7.38% $5,794
    SUMMIT FUNDING, INC. 2 7.00% $4,954
    UNION HOME MORTGAGE CORP. 2 7.56% $4,975
    U.S. Bank 2 7.50% $3,397
    First Citizens National Bank 2 6.93% $2,382
    NexBank 1 6.50% $4,136
    ORNL Federal Credit Union 1 6.63% $3,374
    Paramount Residential Mortgage Group, Inc. 1 6.50% $4,705
    PENNYMAC LOAN SERVICES, LLC 1 5.50% $9,652
    Plains Commerce Bank 1 6.25% $2,454
    PNC Bank 1 8.38% $4,391
    Princeton Mortgage Corporation 1 6.50% $6,058
    Prosperity Home Mortgage, LLC 1 7.63% $17,816
    River Valley AgCredit, ACA 1 7.65% $8,415
    Shamrock Home Loans, Inc. 1 7.63% $12,201
    SmartBank 1 8.63% $2,820
    The State Bank 1 7.25% $3,781
    United Community Bank 1 7.75% $4,031
    Wells Fargo Bank 1 7.88% $4,466
    ZILLOW HOME LOANS, LLC 1 6.88% $4,334
    NETWORK CAPITAL FUNDING CORPORATION 1 6.38% $16,459
    AgFirst Farm Credit Bank 1 7.50% $3,259
    ALAMEDA MORTGAGE CORPORATION 1 6.63% $4,613
    ALTRA 1 6.93% $3,413
    AMERICAN FEDERAL MORTGAGE CORPORATION 1 6.00% $3,877
    AMERICAN INTERNET MORTGAGE, INC. 1 6.50% $3,078
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.99% $3,610
    Bank of England 1 5.75% $11,524
    Bank of Springfield 1 6.21% $3,223
    BROKER SOLUTIONS, INC. 1 7.63% $7,461
    Charles Schwab Bank, SSB 1 4.93% $4,145
    Chattanooga Federal Emp. Credit Union 1 6.13% $3,961
    CITIZENS EQUITY FIRST 1 6.38% $4,221
    Countybank 1 6.00% $3,197
    CROSSCOUNTRY MORTGAGE, LLC 1 7.99% $5,244
    DAS Acquisition Company, LLC 1 7.63% $6,807
    DEEPHAVEN MORTGAGE LLC 1 9.63% $8,414
    EASTMAN 1 10.00% $4,727
    EMBRACE HOME LOANS, INC. 1 7.63% $3,148
    EVERETT FINANCIAL, INC. 1 8.00% $14,002
    Flagstar Bank, FSB 1 7.57% $5,681
    Franklin Loan Corporation 1 7.25% $5,526
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.63% $8,539
    Independent Bank 1 6.50% $3,991
    Johnson Bank 1 7.75% $7,839
    KNOXVILLE TVA EMPLOYEES CREDIT UNION 1 6.75% $4,504
    LEADERONE FINANCIAL CORPORATION 1 6.50% $11,447
    MEMBER FIRST MORTGAGE, LLC 1 7.63% $4,033
    Mortgage Research Center, LLC 1 7.25% $9,605
    NBKC BANK 1 6.75% $4,214
    21ST MORTGAGE CORPORATION 1 7.95% $5,960

    Dayton Average Closing Costs & Other Stats

    Dayton, TN's 77 lenders originated 569 loans during 2023. The total origination value was $120,345,000, with an average loan value of $211,503.

    Dayton's average closing costs are $5,379.

    The top Dayton lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 15 loans originated. Their average total fees are $5,793, which is $1,043 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Dayton lenders (with over 10 loans originated) are Citizens Bank ($4,875), UNITED WHOLESALE MORTGAGE, LLC ($5,793), QUICKEN LOANS, LLC ($6,836), .

    The lowest rate Dayton lenders (with over 10 loans originated) are Citizens Bank (6.51%), QUICKEN LOANS, LLC (6.91%), UNITED WHOLESALE MORTGAGE, LLC (7.43%), .

    Dayton, TN 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
    UNITED WHOLESALE MORTGAGE, LLC $8,075,000 $10,480,000 29.8% 8.7%
    MORTGAGE INVESTORS GROUP, INC. $5,965,000 $6,400,000 7.3% 5.3%
    QUICKEN LOANS, LLC $10,485,000 $6,220,000 -40.7% 5.2%
    SouthEast Bank $9,105,000 $4,985,000 -45.2% 4.1%
    FIRST COMMUNITY MORTGAGE, INC. $6,185,000 $4,720,000 -23.7% 3.9%
    FirstBank $13,150,000 $3,755,000 -71.4% 3.1%
    Regions Bank $3,145,000 $3,090,000 -1.7% 2.6%
    Citizens Bank $770,000 $2,985,000 287.7% 2.5%
    MOVEMENT MORTGAGE, LLC $2,770,000 $2,730,000 -1.4% 2.3%
    TENNESSEE VALLEY $6,445,000 $2,510,000 -61.1% 2.1%
    Pinnacle Bank $435,000 $2,025,000 365.5% 1.7%
    First Citizens National Bank $185,000 $1,960,000 959.5% 1.6%
    Mortgage Research Center, LLC $4,805,000 $1,940,000 -59.6% 1.6%
    Renasant Bank $5,000,000 $1,850,000 -63.0% 1.5%
    Citizens Tri-County Bank $2,330,000 $1,805,000 -22.5% 1.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $3,515,000 $1,705,000 -51.5% 1.4%
    CMG MORTGAGE, INC. $3,145,000 $1,690,000 -46.3% 1.4%
    AMERICAN FINANCIAL RESOURCES, INC. $610,000 $1,615,000 164.8% 1.3%
    LOANDEPOT.COM, LLC $3,805,000 $1,535,000 -59.7% 1.3%
    Flagstar Bank, FSB $1,445,000 $1,350,000 -6.6% 1.1%
    GUILD MORTGAGE COMPANY $105,000 $1,295,000 1,133.3% 1.1%
    Simply Bank $1,705,000 $1,245,000 -27.0% 1.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,780,000 $1,190,000 -33.1% 1.0%
    NAVY FEDERAL CREDIT UNION $855,000 $1,190,000 39.2% 1.0%
    1ST SIGNATURE LENDING, LLC $105,000 $1,115,000 961.9% 0.9%
    STOCKTON MORTGAGE CORPORATION $800,000 $1,030,000 28.8% 0.9%
    AMERISAVE MORTGAGE CORPORATION $1,760,000 $1,010,000 -42.6% 0.8%
    SUMMIT FUNDING, INC. $270,000 $1,010,000 274.1% 0.8%
    UNION HOME MORTGAGE CORP. $255,000 $980,000 284.3% 0.8%
    Charles Schwab Bank, SSB $975,000 n/a 0.8%
    Equity Prime Mortgage LLC $975,000 n/a 0.8%
    First National Community Bank $970,000 n/a 0.8%
    Mountain Valley Bank $155,000 $955,000 516.1% 0.8%
    Farm Credit Mid-America, ACA $1,540,000 $950,000 -38.3% 0.8%
    EVERETT FINANCIAL, INC. $205,000 $910,000 343.9% 0.8%
    SmartBank $260,000 $900,000 246.2% 0.7%
    U.S. Bank $1,595,000 $875,000 -45.1% 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $1,155,000 $860,000 -25.5% 0.7%
    COMMUNITY MORTGAGE CORPORATION $665,000 $850,000 27.8% 0.7%
    LEADERONE FINANCIAL CORPORATION $545,000 $840,000 54.1% 0.7%
    Bank of Cleveland $920,000 $830,000 -9.8% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $1,420,000 $775,000 -45.4% 0.6%
    ORNL Federal Credit Union $395,000 $770,000 94.9% 0.6%
    GUARANTEED RATE, INC. $665,000 $765,000 15.0% 0.6%
    ALAMEDA MORTGAGE CORPORATION $740,000 n/a 0.6%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $975,000 $740,000 -24.1% 0.6%
    MID AMERICA MORTGAGE, INC. $725,000 n/a 0.6%
    FREEDOM MORTGAGE CORPORATION $1,260,000 $710,000 -43.7% 0.6%
    First Horizon Bank $660,000 $705,000 6.8% 0.6%
    The First National Bank of Middle Tennessee $2,650,000 $690,000 -74.0% 0.6%
    United Community Bank $1,005,000 $660,000 -34.3% 0.5%
    F&M Bank $655,000 n/a 0.5%
    Prosperity Home Mortgage, LLC $645,000 n/a 0.5%
    Y-12 Federal Credit Union $460,000 $610,000 32.6% 0.5%
    Wilson Bank And Trust $55,000 $605,000 1,000.0% 0.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $600,000 n/a 0.5%
    Nations Lending Corporation $340,000 $575,000 69.1% 0.5%
    NEWREZ LLC $205,000 $545,000 165.9% 0.5%
    River Valley AgCredit, ACA $675,000 $540,000 -20.0% 0.4%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $345,000 $530,000 53.6% 0.4%
    Truist $1,145,000 $525,000 -54.1% 0.4%
    NBKC BANK $520,000 n/a 0.4%
    NETWORK CAPITAL FUNDING CORPORATION $510,000 $515,000 1.0% 0.4%
    The Federal Savings Bank $695,000 $510,000 -26.6% 0.4%
    Shamrock Home Loans, Inc. $495,000 n/a 0.4%
    CITIZENS EQUITY FIRST $475,000 n/a 0.4%
    Bank of England $195,000 $460,000 135.9% 0.4%
    KNOXVILLE TVA EMPLOYEES CREDIT UNION $480,000 $460,000 -4.2% 0.4%
    CARDINAL FINANCIAL $3,370,000 $450,000 -86.6% 0.4%
    AmeriHome Mortgage Company, LLC $430,000 n/a 0.4%
    MEMBER FIRST MORTGAGE, LLC $215,000 $420,000 95.3% 0.3%
    USAA Federal Savings Bank $510,000 $395,000 -22.5% 0.3%
    Andrew Johnson Bank $385,000 n/a 0.3%
    HOMESIDE FINANCIAL, LLC $35,000 $385,000 1,000.0% 0.3%
    Figure Lending LLC $90,000 $370,000 311.1% 0.3%
    Plains Commerce Bank $515,000 $370,000 -28.2% 0.3%
    Franklin Loan Corporation $365,000 n/a 0.3%
    PENNYMAC LOAN SERVICES, LLC $1,775,000 $360,000 -79.7% 0.3%
    ALTRA $355,000 n/a 0.3%
    The State Bank $355,000 n/a 0.3%
    TJC Mortgage, Inc. $3,470,000 $350,000 -89.9% 0.3%
    Johnson Bank $325,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $640,000 $320,000 -50.0% 0.3%
    Carrington Mortgage Services, LLC $560,000 $320,000 -42.9% 0.3%
    Chattanooga Area Schools Federal Credit Union $305,000 n/a 0.3%
    Mountain Commerce Bank $305,000 n/a 0.3%
    AMCAP MORTGAGE, LTD. $295,000 n/a 0.2%
    MILEND, INC. $295,000 n/a 0.2%
    Paramount Residential Mortgage Group, Inc. $295,000 n/a 0.2%
    21ST MORTGAGE CORPORATION $265,000 $290,000 9.4% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $280,000 n/a 0.2%
    PNC Bank $860,000 $280,000 -67.4% 0.2%
    FirstTrust Home Loans, Inc. $275,000 n/a 0.2%
    Wells Fargo Bank $1,820,000 $275,000 -84.9% 0.2%
    DEEPHAVEN MORTGAGE LLC $125,000 $245,000 96.0% 0.2%
    EMBRACE HOME LOANS, INC. $245,000 n/a 0.2%
    MICHIGAN MUTUAL, INC. $245,000 n/a 0.2%
    PLANET HOME LENDING, LLC $575,000 $235,000 -59.1% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $105,000 $225,000 114.3% 0.2%
    ZILLOW HOME LOANS, LLC $505,000 $225,000 -55.4% 0.2%
    LENDINGHOME FUNDING CORPORATION $430,000 $220,000 -48.8% 0.2%
    AMERICAN FEDERAL MORTGAGE CORPORATION $215,000 n/a 0.2%
    Blue Ridge Bank $215,000 n/a 0.2%
    GUARANTY HOME MORTGAGE CORPORATION $380,000 $215,000 -43.4% 0.2%
    COMPASS MORTGAGE, INC. $205,000 n/a 0.2%
    Independent Bank $205,000 n/a 0.2%
    NFM, INC. $490,000 $205,000 -58.2% 0.2%
    PHH Mortgage Corporation $340,000 $205,000 -39.7% 0.2%
    Princeton Mortgage Corporation $205,000 n/a 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $155,000 $200,000 29.0% 0.2%
    AgFirst Farm Credit Bank $2,115,000 $195,000 -90.8% 0.2%
    Bank of Springfield $195,000 n/a 0.2%
    CLEARPATH LENDING $400,000 $195,000 -51.3% 0.2%
    EASTMAN $195,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $420,000 $185,000 -56.0% 0.2%
    Countybank $455,000 $175,000 -61.5% 0.1%
    AMERICAN INTERNET MORTGAGE, INC. $165,000 n/a 0.1%
    ASCEND FEDERAL CREDIT UNION $165,000 n/a 0.1%
    Bank of America $605,000 $165,000 -72.7% 0.1%
    ENDEAVOR CAPITAL, LLC. $165,000 n/a 0.1%
    Baxter Credit Union $155,000 n/a 0.1%
    DAS Acquisition Company, LLC $155,000 n/a 0.1%
    Home Federal Bank of Tennessee $645,000 $155,000 -76.0% 0.1%
    VAN DYK MORTGAGE CORPORATION $215,000 $155,000 -27.9% 0.1%
    ROYAL UNITED MORTGAGE LLC $130,000 n/a 0.1%
    Bank OZK $105,000 n/a 0.1%
    Chattanooga Federal Emp. Credit Union $105,000 n/a 0.1%
    NexBank $305,000 $105,000 -65.6% 0.1%
    Discover Bank $140,000 $90,000 -35.7% 0.1%
    TOP FLITE FINANCIAL, INC. $85,000 n/a 0.1%
    ENRICHMENT $75,000 n/a 0.1%
    The Huntington National Bank $75,000 n/a 0.1%
    CU COMMUNITY, LLC $65,000 n/a 0.1%
    Coastal Community Bank $50,000 n/a 0.0%
    CHEVRON $45,000 n/a 0.0%

    Dayton's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 8.7% market share. In second place, with 5.3%, is MORTGAGE INVESTORS GROUP, INC., having originated $6,400,000 in loans. In third place, with 5.2%, is QUICKEN LOANS, LLC, having originated $6,220,000 in loans. In fourth place, with 4.1%, is SouthEast Bank, having originated $4,985,000 in loans. In fifth place, with 3.9%, is FIRST COMMUNITY MORTGAGE, INC., having originated $4,720,000 in loans.

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

    Realtor.com - Dayton (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 $182,500 (7.3%) $282,940 (8.9%) 0.00 184
    2018-02-01 $182,100 (4.1%) $266,430 (0.2%) 0.00 197
    2018-03-01 $178,900 (3.5%) $275,056 (1.8%) 0.00 183
    2018-04-01 $193,875 (9.5%) $284,019 (0.7%) 0.00 186
    2018-05-01 $198,500 (2.8%) $296,069 (3.2%) 0.00 190
    2018-06-01 $195,500 (-5.8%) $298,635 (-0.3%) 0.00 187
    2018-07-01 $213,038 (-4.1%) $305,936 (0.6%) 0.00 181
    2018-08-01 $216,075 (-8.5%) $306,385 (-2.1%) 0.00 185
    2018-09-01 $219,000 (-0.3%) $309,101 (0.1%) 0.00 176
    2018-10-01 $202,475 (3.0%) $306,205 (3.4%) 0.00 173
    2018-11-01 $213,725 (11.8%) $310,112 (7.2%) 0.00 167
    2018-12-01 $225,000 (20.6%) $304,844 (7.9%) 0.00 152
    2019-01-01 $223,625 (22.5%) $307,982 (8.9%) 0.00 142
    2019-02-01 $226,225 (24.2%) $314,776 (18.2%) 0.00 133
    2019-03-01 $231,200 (29.2%) $320,188 (16.4%) 0.00 127
    2019-04-01 $226,038 (16.6%) $313,414 (10.4%) 0.00 130
    2019-05-01 $238,125 (20.0%) $339,029 (14.5%) 0.00 141
    2019-06-01 $224,500 (14.8%) $317,062 (6.2%) 0.00 147
    2019-07-01 $239,000 (12.2%) $324,206 (6.0%) 0.00 147
    2019-08-01 $227,509 (5.3%) $315,968 (3.1%) 0.00 150
    2019-09-01 $220,473 (0.7%) $310,559 (0.5%) 0.00 148
    2019-10-01 $214,975 (6.2%) $306,106 (0.0%) 0.00 146
    2019-11-01 $199,900 (-6.5%) $300,333 (-3.2%) 0.00 135
    2019-12-01 $199,925 (-11.1%) $305,521 (0.2%) 0.00 128
    2020-01-01 $209,950 (-6.1%) $316,459 (2.8%) 0.00 113
    2020-02-01 $219,950 (-2.8%) $330,768 (5.1%) 0.00 108
    2020-03-01 $233,325 (0.9%) $345,515 (7.9%) 0.00 93
    2020-04-01 $236,950 (4.8%) $341,104 (8.8%) 0.00 94
    2020-05-01 $249,900 (4.9%) $342,218 (0.9%) 0.00 92
    2020-06-01 $239,000 (6.5%) $330,209 (4.2%) 0.00 85
    2020-07-01 $219,275 (-8.3%) $326,521 (0.7%) 0.00 67
    2020-08-01 $249,000 (9.5%) $391,193 (23.8%) 0.00 65
    2020-09-01 $244,750 (11.0%) $396,923 (27.8%) 0.00 52
    2020-10-01 $277,400 (29.0%) $421,411 (37.7%) 0.00 54
    2020-11-01 $325,000 (62.6%) $430,667 (43.4%) 0.00 51
    2020-12-01 $325,000 (62.6%) $465,034 (52.2%) 0.00 46
    2021-01-01 $294,500 (40.3%) $476,656 (50.6%) 0.00 49
    2021-02-01 $312,450 (42.1%) $480,687 (45.3%) 0.00 47
    2021-03-01 $305,620 (31.0%) $474,638 (37.4%) 0.00 44
    2021-04-01 $295,500 (24.7%) $484,013 (41.9%) 0.00 38
    2021-05-01 $295,000 (18.1%) $524,444 (53.3%) 0.00 32
    2021-06-01 $276,600 (15.7%) $449,568 (36.2%) 0.00 43
    2021-07-01 $252,500 (15.2%) $442,480 (35.5%) 0.00 58
    2021-08-01 $272,225 (9.3%) $478,178 (22.2%) 0.00 52
    2021-09-01 $279,375 (14.2%) $396,194 (-0.2%) 0.00 57
    2021-10-01 $286,200 (3.2%) $410,946 (-2.5%) 0.00 50
    2021-11-01 $272,200 (-16.3%) $401,248 (-6.8%) 0.00 43
    2021-12-01 $280,500 (-13.7%) $434,124 (-6.7%) 0.00 38
    2022-01-01 $287,450 (-2.4%) $452,404 (-5.1%) 0.00 32
    2022-02-01 $308,070 (-1.4%) $453,731 (-5.6%) 0.00 25
    2022-03-01 $341,795 (11.8%) $493,387 (4.0%) 0.00 31
    2022-04-01 $354,400 (19.9%) $477,424 (-1.4%) 0.00 39
    2022-05-01 $354,900 (20.3%) $453,950 (-13.4%) 0.00 57
    2022-06-01 $363,725 (31.5%) $439,506 (-2.2%) 0.00 66
    2022-07-01 $375,000 (48.5%) $427,084 (-3.5%) 0.00 67
    2022-08-01 $399,450 (46.7%) $455,665 (-4.7%) 0.00 72
    2022-09-01 $429,000 (53.6%) $481,152 (21.4%) 0.00 75
    2022-10-01 $429,000 (49.9%) $492,633 (19.9%) 0.00 78
    2022-11-01 $418,850 (53.9%) $484,121 (20.7%) 0.00 80
    2022-12-01 $374,900 (33.7%) $467,677 (7.7%) 0.00 89
    2023-01-01 $367,850 (28.0%) $458,789 (1.4%) 0.00 74
    2023-02-01 $389,000 (26.3%) $469,860 (3.6%) 0.00 67
    2023-03-01 $399,500 (16.9%) $465,270 (-5.7%) 0.00 57
    2023-04-01 $399,500 (12.7%) $446,678 (-6.4%) 0.00 53
    2023-05-01 $362,500 (2.1%) $439,158 (-3.3%) 0.00 74
    2023-06-01 $393,000 (8.1%) $485,247 (10.4%) 0.00 81
    2023-07-01 $388,500 (3.6%) $529,064 (23.9%) 0.00 87
    2023-08-01 $413,750 (3.6%) $513,934 (12.8%) 0.00 91
    2023-09-01 $420,000 (-2.1%) $515,667 (7.2%) 0.00 87
    2023-10-01 $375,600 (-12.5%) $485,787 (-1.4%) 0.00 84
    2023-11-01 $399,700 (-4.6%) $504,645 (4.2%) 0.00 83
    2023-12-01 $395,700 (5.6%) $506,756 (8.4%) 0.00 76
    2024-01-01 $357,450 (-2.8%) $500,974 (9.2%) 0.00 72
    2024-02-01 $371,000 (-4.6%) $493,374 (5.0%) 0.00 66
    2024-03-01 $404,450 (1.2%) $503,708 (8.3%) 0.00 64
    Dayton's median listing price for 2024-03-01 was $404,450, a difference of $4,950 (1.2%) versus the prior year and $33,450 versus the prior month.

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

    Dayton's average listing price for 2024-03-01 was $503,708, a difference of $38,438 (8.3%) versus the prior year and $10,334 versus the prior month.

    For the 2024-03-01 period, Dayton had 64 MLS listings, a difference of -2 listings (-3%) versus the prior month and 7 listings (12%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dayton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,792 sqft
    2018-02-01 0 days 1,781 sqft
    2018-03-01 0 days 1,692 sqft
    2018-04-01 0 days 1,853 sqft
    2018-05-01 0 days 1,878 sqft
    2018-06-01 0 days 1,888 sqft
    2018-07-01 0 days 1,904 sqft
    2018-08-01 0 days 1,982 sqft
    2018-09-01 0 days 2,000 sqft
    2018-10-01 0 days 1,914 sqft
    2018-11-01 0 days 1,871 sqft
    2018-12-01 0 days 1,955 sqft
    2019-01-01 0 days 1,898 sqft
    2019-02-01 0 days 1,872 sqft
    2019-03-01 0 days 1,974 sqft
    2019-04-01 0 days 2,024 sqft
    2019-05-01 0 days 2,055 sqft
    2019-06-01 0 days 2,056 sqft
    2019-07-01 0 days 2,168 sqft
    2019-08-01 0 days 2,078 sqft
    2019-09-01 0 days 2,012 sqft
    2019-10-01 0 days 1,947 sqft
    2019-11-01 0 days 1,920 sqft
    2019-12-01 0 days 1,960 sqft
    2020-01-01 0 days 1,964 sqft
    2020-02-01 0 days 1,934 sqft
    2020-03-01 0 days 1,940 sqft
    2020-04-01 0 days 1,931 sqft
    2020-05-01 0 days 1,946 sqft
    2020-06-01 0 days 1,884 sqft
    2020-07-01 0 days 1,860 sqft
    2020-08-01 0 days 2,092 sqft
    2020-09-01 0 days 2,083 sqft
    2020-10-01 0 days 2,258 sqft
    2020-11-01 0 days 2,484 sqft
    2020-12-01 0 days 2,560 sqft
    2021-01-01 0 days 2,520 sqft
    2021-02-01 0 days 2,346 sqft
    2021-03-01 0 days 1,989 sqft
    2021-04-01 0 days 2,120 sqft
    2021-05-01 0 days 1,719 sqft
    2021-06-01 0 days 1,829 sqft
    2021-07-01 0 days 1,762 sqft
    2021-08-01 0 days 1,820 sqft
    2021-09-01 0 days 1,888 sqft
    2021-10-01 0 days 1,899 sqft
    2021-11-01 0 days 1,846 sqft
    2021-12-01 0 days 1,748 sqft
    2022-01-01 0 days 1,863 sqft
    2022-02-01 0 days 2,195 sqft
    2022-03-01 0 days 1,896 sqft
    2022-04-01 0 days 1,940 sqft
    2022-05-01 0 days 1,811 sqft
    2022-06-01 0 days 1,838 sqft
    2022-07-01 0 days 1,866 sqft
    2022-08-01 0 days 2,040 sqft
    2022-09-01 0 days 2,040 sqft
    2022-10-01 0 days 1,986 sqft
    2022-11-01 0 days 1,893 sqft
    2022-12-01 0 days 1,893 sqft
    2023-01-01 0 days 1,853 sqft
    2023-02-01 0 days 1,901 sqft
    2023-03-01 0 days 1,893 sqft
    2023-04-01 0 days 1,902 sqft
    2023-05-01 0 days 1,823 sqft
    2023-06-01 0 days 1,965 sqft
    2023-07-01 0 days 1,973 sqft
    2023-08-01 0 days 1,807 sqft
    2023-09-01 0 days 1,918 sqft
    2023-10-01 0 days 1,825 sqft
    2023-11-01 0 days 1,937 sqft
    2023-12-01 0 days 2,016 sqft
    2024-01-01 0 days 1,894 sqft
    2024-02-01 0 days 1,966 sqft
    2024-03-01 0 days 2,022 sqft
    Dayton's median listing age (time on market) for 2024-03-01 was 0 days.

    Dayton's median square footage for active listings during the 2024-03-01 period was 2,022 sqft. One year prior, the average listing was 1,893 sqft.

    Dayton, TN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 331 $81,935,000 $247,538
    Cash Out Refi 89 $17,375,000 $195,225
    Home Improvement 52 $5,500,000 $105,769
    Refi 50 $11,570,000 $231,400
    Other 47 $3,965,000 $84,362

    Dayton's most frequently cited loan purpose was Home Purchase, with 331 originations. The 2nd most popular reason was Cash Out Refi, with 89 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 207 $50,325,000 $243,116
    7-8% 150 $35,480,000 $236,533
    Over 8% 109 $11,935,000 $109,495
    5-6% 72 $14,740,000 $204,722
    4-5% 6 $1,750,000 $291,667
    <2.5% 2 $20,000 $10,000
    2.5-3% 1 $175,000 $175,000

    During 2023, Dayton's most frequently originated rate bucket was 6-7%, with 207 originations.

    Loan Sizing (Dayton, TN MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 219 $58,625,000 $267,694
    $100k-200k 169 $26,065,000 $154,231
    $100,000 or less 130 $6,970,000 $53,615
    $400k-600k 35 $16,865,000 $481,857
    $600k-1000k 15 $10,635,000 $709,000
    $Over $1MM 1 $1,185,000 $1,185,000

    Dayton's loan sizing saw the bucket of loans from $200k-400k with 219 originations, totaling $58,625,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 219 $54,565,000 $249,155
    60-80% 124 $32,520,000 $262,258
    20-40% 64 $7,770,000 $121,406
    Under 20% 64 $3,020,000 $47,188
    40-60% 60 $11,930,000 $198,833
    Over 100% 14 $4,060,000 $290,000

    Dayton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 219 originations, totaling $54,565,000 in origination value.