DOTHAN Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Dothan averaged
6.56%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.65% and
one month ago for the week of 2024-11-07, the
average rate was 6.55%.
Dothan's average rate one year ago was 6.79%.
For refis of the same type during the week of 2024-12-12, the average rate
was 6.78%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
Dothan 30 Year Fixed Rate | 2024-12-12 | 6.56% |
Dothan 30 Year Fixed Rate Refi | 2024-12-12 | 6.78% |
Dothan 15 Year Fixed Rate | 2024-12-12 | 6.04% |
Dothan 15 Year Fixed Rate Refi | 2024-12-12 | 6.24% |
Dothan 30 Year FHA | 2024-12-12 | 6.46% |
Dothan 30 Year FHA Refi | 2024-12-12 | 6.48% |
Dothan 30 Year USDA | 2024-12-12 | 6.27% |
Dothan 30 Year USDA Refi | 2024-12-12 | 6.5% |
Dothan 30 Year VA | 2024-12-12 | 6.11% |
Dothan 30 Year VA Refi | 2024-12-12 | 6.18% |
DOTHAN 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 DOTHAN, AL 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.).
DOTHAN Average Closing Costs & Other Stats
DOTHAN, AL's 101 lenders originated 2,908
loans during 2023. The total origination value was $510,540,000, with an average loan value of
$175,564.
DOTHAN's average closing costs are $4,413.
The top DOTHAN lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
54 loans originated. Their average total fees are
$4,441, which is $1,737
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee DOTHAN lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($2,750), Troy Bank and Trust Company ($3,067), AVADIAN ($3,487), ServisFirst Bank ($3,529) and Wells Fargo Bank ($3,596).
The lowest rate DOTHAN lenders (with over 10 loans originated) are
MORTGAGE INVESTORS GROUP, INC. (4.47%), Synovus Bank (6.33%), AVADIAN (6.45%), Tyndall Federal Credit Union (6.53%) and PENNYMAC LOAN SERVICES, LLC (6.53%).
DOTHAN, AL 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 |
---|---|---|---|---|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $45,955,000 | $30,215,000 | -34.3% | 5.9% |
Mortgage Research Center, LLC | $28,210,000 | $29,905,000 | 6.0% | 5.9% |
QUICKEN LOANS, LLC | $34,310,000 | $28,150,000 | -18.0% | 5.5% |
Ameris Bank | $24,010,000 | $20,995,000 | -12.6% | 4.1% |
INTERLINC MORTGAGE SERVICES, LLC | $41,265,000 | $19,375,000 | -53.0% | 3.8% |
River Bank & Trust | $22,930,000 | $18,315,000 | -20.1% | 3.6% |
ALL IN | $18,940,000 | $17,640,000 | -6.9% | 3.5% |
PENNYMAC LOAN SERVICES, LLC | $19,345,000 | $13,865,000 | -28.3% | 2.7% |
ENVOY MORTGAGE, LTD | $6,815,000 | $12,905,000 | 89.4% | 2.5% |
Troy Bank and Trust Company | $11,520,000 | $12,080,000 | 4.9% | 2.4% |
Five Star Credit Union | $10,955,000 | $10,980,000 | 0.2% | 2.2% |
Renasant Bank | $19,925,000 | $10,845,000 | -45.6% | 2.1% |
Regions Bank | $19,830,000 | $10,510,000 | -47.0% | 2.1% |
BankSouth | $10,435,000 | n/a | 2.0% | |
PeoplesSouth Bank | $15,925,000 | $10,170,000 | -36.1% | 2.0% |
Arbor Realty Trust, Inc. | $10,005,000 | n/a | 2.0% | |
21ST MORTGAGE CORPORATION | $4,045,000 | $9,565,000 | 136.5% | 1.9% |
NAVY FEDERAL CREDIT UNION | $6,125,000 | $8,910,000 | 45.5% | 1.7% |
UNITED WHOLESALE MORTGAGE, LLC | $9,825,000 | $8,675,000 | -11.7% | 1.7% |
BankPlus | $5,170,000 | $7,960,000 | 54.0% | 1.6% |
APCO EMPLOYEES | $5,190,000 | $7,855,000 | 51.3% | 1.5% |
Tyndall Federal Credit Union | $9,690,000 | $7,835,000 | -19.1% | 1.5% |
CROSSCOUNTRY MORTGAGE, LLC | $1,305,000 | $7,775,000 | 495.8% | 1.5% |
ServisFirst Bank | $15,320,000 | $7,105,000 | -53.6% | 1.4% |
The First National Bank of Hartford | $10,765,000 | $6,660,000 | -38.1% | 1.3% |
AVADIAN | $1,820,000 | $6,265,000 | 244.2% | 1.2% |
Synovus Bank | $10,625,000 | $5,815,000 | -45.3% | 1.1% |
USAA Federal Savings Bank | $5,725,000 | $5,595,000 | -2.3% | 1.1% |
NEWREZ LLC | $2,135,000 | $4,660,000 | 118.3% | 0.9% |
HNB First Bank | $4,240,000 | n/a | 0.8% | |
The Samson Banking Company, Inc. | $4,480,000 | $4,155,000 | -7.3% | 0.8% |
MORTGAGE INVESTORS GROUP, INC. | $3,065,000 | $4,100,000 | 33.8% | 0.8% |
FirstBank | $11,445,000 | $4,075,000 | -64.4% | 0.8% |
Wells Fargo Bank | $7,400,000 | $3,910,000 | -47.2% | 0.8% |
MOVEMENT MORTGAGE, LLC | $2,170,000 | $3,895,000 | 79.5% | 0.8% |
First State Bank of Blakely, Inc. | $2,520,000 | $3,650,000 | 44.8% | 0.7% |
CARDINAL FINANCIAL | $760,000 | $3,435,000 | 352.0% | 0.7% |
FREEDOM MORTGAGE CORPORATION | $6,445,000 | $3,420,000 | -46.9% | 0.7% |
PNC Bank | $4,360,000 | $3,330,000 | -23.6% | 0.7% |
MidSouth Bank | $3,165,000 | n/a | 0.6% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $920,000 | $3,130,000 | 240.2% | 0.6% |
SmartBank | $1,615,000 | $2,845,000 | 76.2% | 0.6% |
UNION HOME MORTGAGE CORP. | $6,060,000 | $2,835,000 | -53.2% | 0.6% |
JPMorgan Chase Bank | $2,420,000 | $2,825,000 | 16.7% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $5,995,000 | $2,735,000 | -54.4% | 0.5% |
LOANDEPOT.COM, LLC | $8,315,000 | $2,720,000 | -67.3% | 0.5% |
NEW DAY FINANCIAL, LLC | $3,180,000 | $2,720,000 | -14.5% | 0.5% |
CMG MORTGAGE, INC. | $785,000 | $2,555,000 | 225.5% | 0.5% |
GUARANTEED RATE, INC. | $1,685,000 | $2,540,000 | 50.7% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $1,960,000 | $2,485,000 | 26.8% | 0.5% |
First Federal Bank | $2,240,000 | $2,465,000 | 10.0% | 0.5% |
STOCKTON MORTGAGE CORPORATION | $730,000 | $2,455,000 | 236.3% | 0.5% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $1,445,000 | $2,450,000 | 69.6% | 0.5% |
AMERICAN FINANCIAL RESOURCES, INC. | $1,000,000 | $2,400,000 | 140.0% | 0.5% |
BROKER SOLUTIONS, INC. | $3,175,000 | $2,165,000 | -31.8% | 0.4% |
Carrington Mortgage Services, LLC | $680,000 | $1,765,000 | 159.6% | 0.3% |
GUILD MORTGAGE COMPANY | $2,985,000 | $1,625,000 | -45.6% | 0.3% |
Trustmark National Bank | $1,710,000 | $1,605,000 | -6.1% | 0.3% |
ZILLOW HOME LOANS, LLC | $165,000 | $1,285,000 | 678.8% | 0.3% |
Ixonia Bank | $5,625,000 | $1,200,000 | -78.7% | 0.2% |
Plains Commerce Bank | $1,175,000 | n/a | 0.2% | |
VILLAGE CAPITAL MORTGAGE | $450,000 | $1,160,000 | 157.8% | 0.2% |
MILEND, INC. | $450,000 | $1,135,000 | 152.2% | 0.2% |
Bank of England | $460,000 | $1,125,000 | 144.6% | 0.2% |
HOMESTAR FINANCIAL CORPORATION | $535,000 | $1,105,000 | 106.5% | 0.2% |
CCB Community Bank | $250,000 | $1,095,000 | 338.0% | 0.2% |
U.S. Bank | $790,000 | $985,000 | 24.7% | 0.2% |
Flagstar Bank, FSB | $2,220,000 | $960,000 | -56.8% | 0.2% |
Discover Bank | $460,000 | $910,000 | 97.8% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $600,000 | $860,000 | 43.3% | 0.2% |
Barrington Bank & Trust Company, N.A. | $1,495,000 | $855,000 | -42.8% | 0.2% |
PREMIA MORTGAGE, LLC | $115,000 | $845,000 | 634.8% | 0.2% |
TOWNE MORTGAGE COMPANY | $715,000 | $805,000 | 12.6% | 0.2% |
LENDINGHOME FUNDING CORPORATION | $795,000 | n/a | 0.2% | |
South State Bank | $1,430,000 | $780,000 | -45.5% | 0.2% |
EvaBank | $770,000 | n/a | 0.2% | |
NBKC BANK | $355,000 | $765,000 | 115.5% | 0.1% |
Citizens Bank | $1,045,000 | $745,000 | -28.7% | 0.1% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $625,000 | $715,000 | 14.4% | 0.1% |
BMO Harris Bank | $700,000 | n/a | 0.1% | |
Armed Forces Bank | $125,000 | $670,000 | 436.0% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $1,550,000 | $655,000 | -57.7% | 0.1% |
PHH Mortgage Corporation | $205,000 | $655,000 | 219.5% | 0.1% |
Southern States Bank | $3,575,000 | $655,000 | -81.7% | 0.1% |
Truist | $815,000 | $645,000 | -20.9% | 0.1% |
PLANET HOME LENDING, LLC | $580,000 | $635,000 | 9.5% | 0.1% |
GMFS LLC | $1,255,000 | $610,000 | -51.4% | 0.1% |
CREDIT HUMAN FEDERAL CREDIT UNION | $480,000 | $575,000 | 19.8% | 0.1% |
Bank of America | $665,000 | $570,000 | -14.3% | 0.1% |
The Citizens Bank | $570,000 | n/a | 0.1% | |
DHI MORTGAGE COMPANY, LTD. | $520,000 | n/a | 0.1% | |
FIRST COMMERCE CREDIT UNION | $235,000 | $515,000 | 119.1% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $935,000 | $510,000 | -45.5% | 0.1% |
Ally Bank | $330,000 | $505,000 | 53.0% | 0.1% |
Innovations Federal Credit Union | $505,000 | n/a | 0.1% | |
Nations Lending Corporation | $2,250,000 | $505,000 | -77.6% | 0.1% |
Magnolia Bank | $205,000 | $485,000 | 136.6% | 0.1% |
Prosperity Home Mortgage, LLC | $480,000 | n/a | 0.1% | |
THRIVE MORTGAGE, LLC | $245,000 | $475,000 | 93.9% | 0.1% |
Alabama One Credit Union | $470,000 | n/a | 0.1% | |
Figure Lending LLC | $280,000 | $465,000 | 66.1% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $715,000 | $460,000 | -35.7% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $2,415,000 | $450,000 | -81.4% | 0.1% |
University Bank | $450,000 | n/a | 0.1% | |
FIRST COMMUNITY MORTGAGE, INC. | $305,000 | $440,000 | 44.3% | 0.1% |
A&D Mortgage LLC | $435,000 | n/a | 0.1% | |
AMERICAN FINANCIAL NETWORK, INC. | $430,000 | n/a | 0.1% | |
First National Bank of America | $425,000 | n/a | 0.1% | |
GENEVA FINANCIAL, LLC | $85,000 | $425,000 | 400.0% | 0.1% |
SECURITYNATIONAL MORTGAGE COMPANY | $425,000 | n/a | 0.1% | |
SOUTHWEST STAGE FUNDING, LLC | $115,000 | $420,000 | 265.2% | 0.1% |
ASCEND FEDERAL CREDIT UNION | $565,000 | $415,000 | -26.5% | 0.1% |
CIS Financial Services, Inc. | $105,000 | $410,000 | 290.5% | 0.1% |
SUPERIOR CHOICE | $410,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $390,000 | n/a | 0.1% | |
TJC Mortgage, Inc. | $530,000 | $385,000 | -27.4% | 0.1% |
Assurance Financial Group, L.L.C. | $315,000 | $375,000 | 19.0% | 0.1% |
Community First National Bank | $235,000 | $375,000 | 59.6% | 0.1% |
AMERICA'S FIRST | $350,000 | n/a | 0.1% | |
First South Farm Credit, ACA | $1,115,000 | $345,000 | -69.1% | 0.1% |
Paramount Residential Mortgage Group, Inc. | $135,000 | $345,000 | 155.6% | 0.1% |
Presidential Bank, FSB | $345,000 | n/a | 0.1% | |
THE MORTGAGE FIRM, INC. | $610,000 | $345,000 | -43.4% | 0.1% |
Fifth Third Bank | $340,000 | n/a | 0.1% | |
INTERCAP LENDING INC. | $340,000 | n/a | 0.1% | |
LOANPAL, LLC | $335,000 | n/a | 0.1% | |
TEXAS TECH | $335,000 | n/a | 0.1% | |
HOMEXPRESS MORTGAGE CORP. | $325,000 | n/a | 0.1% | |
The Federal Savings Bank | $1,250,000 | $315,000 | -74.8% | 0.1% |
HOMESTEAD FUNDING CORP. | $325,000 | $305,000 | -6.2% | 0.1% |
NATIONWIDE MORTGAGE BANKERS, INC. | $305,000 | n/a | 0.1% | |
AMERICAN BANCSHARES MORTGAGE | $295,000 | n/a | 0.1% | |
Capital City Home Loans, LLC | $295,000 | n/a | 0.1% | |
The Hometown Bank of Alabama | $295,000 | n/a | 0.1% | |
CLEARPATH LENDING | $590,000 | $285,000 | -51.7% | 0.1% |
NATIONS RELIABLE LENDING, LLC | $285,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $535,000 | $280,000 | -47.7% | 0.1% |
UNITED | $275,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $525,000 | $265,000 | -49.5% | 0.1% |
Equity Prime Mortgage LLC | $360,000 | $265,000 | -26.4% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $1,440,000 | $250,000 | -82.6% | 0.0% |
Peoples Bank | $245,000 | $245,000 | 0.0% | 0.0% |
SUMMIT FUNDING, INC. | $245,000 | n/a | 0.0% | |
POLARIS HOME FUNDING CORP. | $235,000 | n/a | 0.0% | |
Waterstone Mortgage Corporation | $565,000 | $235,000 | -58.4% | 0.0% |
Colonial Savings, F.A. | $205,000 | $225,000 | 9.8% | 0.0% |
Heritage Bank | $225,000 | n/a | 0.0% | |
Suncoast Credit Union | $225,000 | n/a | 0.0% | |
DAS Acquisition Company, LLC | $95,000 | $215,000 | 126.3% | 0.0% |
LEGEND LENDING CORPORATION | $215,000 | n/a | 0.0% | |
Mid-Continent Funding, Inc. | $645,000 | $215,000 | -66.7% | 0.0% |
AMERICAN FINANCING CORPORATION | $2,930,000 | $210,000 | -92.8% | 0.0% |
GERSHMAN INVESTMENT CORP. | $210,000 | n/a | 0.0% | |
TOTAL MORTGAGE SERVICES, LLC | $205,000 | n/a | 0.0% | |
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $195,000 | n/a | 0.0% | |
DEEPHAVEN MORTGAGE LLC | $195,000 | n/a | 0.0% | |
TOP FLITE FINANCIAL, INC. | $195,000 | n/a | 0.0% | |
FAIRWINDS CREDIT UNION | $185,000 | n/a | 0.0% | |
Flint Community Bank | $175,000 | n/a | 0.0% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $735,000 | $175,000 | -76.2% | 0.0% |
MIDLAND MORTGAGE CORPORATION | $175,000 | n/a | 0.0% | |
Hamilton Mortgage Corporation | $3,410,000 | $170,000 | -95.0% | 0.0% |
Coastal Community Bank | $165,000 | n/a | 0.0% | |
EMM LOANS LLC | $475,000 | $165,000 | -65.3% | 0.0% |
Gulf Winds Credit Union | $165,000 | n/a | 0.0% | |
REDSTONE Federal Credit Union | $415,000 | $160,000 | -61.4% | 0.0% |
LENOX FINANCIAL MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
NFM, INC. | $155,000 | n/a | 0.0% | |
SWBC MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
The Central Trust Bank | $1,370,000 | $155,000 | -88.7% | 0.0% |
VELOCITY COMMERCIAL CAPITAL, LLC | $155,000 | n/a | 0.0% | |
RUOFF MORTGAGE COMPANY, INC. | $55,000 | $145,000 | 163.6% | 0.0% |
Stride Bank | $145,000 | n/a | 0.0% | |
BAYSHORE MORTGAGE FUNDING, LLC | $135,000 | n/a | 0.0% | |
Civista Bank | $135,000 | n/a | 0.0% | |
CORNERSTONE HOME LENDING, INC. | $135,000 | n/a | 0.0% | |
Citadel Servicing Corporation | $125,000 | n/a | 0.0% | |
RELIANCE FIRST CAPITAL, LLC | $910,000 | $125,000 | -86.3% | 0.0% |
United Community Bank | $120,000 | n/a | 0.0% | |
KELLER MORTGAGE, LLC | $115,000 | n/a | 0.0% | |
SPRING EQ, LLC | $170,000 | $90,000 | -47.1% | 0.0% |
Dime Bank | $85,000 | n/a | 0.0% | |
Service Federal Credit Union | $85,000 | n/a | 0.0% | |
Sierra Pacific Mortgage Company, Inc. | $85,000 | n/a | 0.0% | |
AUBURN UNIVERSITY CREDIT UNION | $65,000 | n/a | 0.0% | |
CSL Financial, LLC | $75,000 | $65,000 | -13.3% | 0.0% |
Guardian Credit Union | $85,000 | $65,000 | -23.5% | 0.0% |
PROPONENT Federal Credit Union | $65,000 | n/a | 0.0% | |
Bank of Early | $35,000 | n/a | 0.0% | |
Connexus Credit Union | $35,000 | n/a | 0.0% | |
CITIZENS EQUITY FIRST | $15,000 | n/a | 0.0% |
DOTHAN's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 5.9% market share. In second place, with 5.9%, is Mortgage Research Center, LLC, having originated $29,905,000 in loans. In third place, with 5.5%, is QUICKEN LOANS, LLC, having originated $28,150,000 in loans. In fourth place, with 4.1%, is Ameris Bank, having originated $20,995,000 in loans. In fifth place, with 3.8%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $19,375,000 in loans.
DOTHAN Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - DOTHAN (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $159,900 (10.4%) | $201,742 (8.9%) | 0.59 | 827 |
2018-02-01 | $159,900 (8.6%) | $200,247 (7.0%) | 0.58 | 867 |
2018-03-01 | $159,900 (3.9%) | $198,204 (1.7%) | 0.56 | 890 |
2018-04-01 | $164,500 (6.2%) | $200,278 (3.3%) | 0.56 | 883 |
2018-05-01 | $164,575 (5.6%) | $199,446 (2.8%) | 0.55 | 941 |
2018-06-01 | $164,900 (4.9%) | $205,827 (5.6%) | 0.55 | 910 |
2018-07-01 | $169,900 (8.2%) | $209,993 (7.5%) | 0.57 | 878 |
2018-08-01 | $164,625 (3.5%) | $207,771 (6.3%) | 0.55 | 850 |
2018-09-01 | $165,000 (3.5%) | $207,866 (6.2%) | 0.55 | 839 |
2018-10-01 | $164,788 (3.4%) | $209,981 (6.2%) | 0.56 | 811 |
2018-11-01 | $163,950 (3.0%) | $214,561 (8.8%) | 0.56 | 790 |
2018-12-01 | $169,000 (7.6%) | $220,128 (10.7%) | 0.58 | 736 |
2019-01-01 | $177,400 (10.9%) | $222,884 (10.5%) | 0.61 | 705 |
2019-02-01 | $179,950 (12.5%) | $224,256 (12.0%) | 0.61 | 690 |
2019-03-01 | $184,529 (15.4%) | $239,331 (20.8%) | 0.60 | 655 |
2019-04-01 | $186,429 (13.3%) | $253,671 (26.7%) | 0.59 | 636 |
2019-05-01 | $185,800 (12.9%) | $250,300 (25.5%) | 0.58 | 638 |
2019-06-01 | $190,000 (15.2%) | $248,308 (20.6%) | 0.59 | 656 |
2019-07-01 | $189,700 (11.7%) | $248,779 (18.5%) | 0.59 | 658 |
2019-08-01 | $188,191 (14.3%) | $248,613 (19.7%) | 0.60 | 624 |
2019-09-01 | $186,227 (12.9%) | $243,573 (17.2%) | 0.60 | 618 |
2019-10-01 | $185,068 (12.3%) | $240,652 (14.6%) | 0.60 | 613 |
2019-11-01 | $189,900 (15.8%) | $243,313 (13.4%) | 0.62 | 590 |
2019-12-01 | $191,375 (13.2%) | $244,874 (11.2%) | 0.64 | 579 |
2020-01-01 | $194,400 (9.6%) | $253,932 (13.9%) | 0.65 | 546 |
2020-02-01 | $192,900 (7.2%) | $247,267 (10.3%) | 0.63 | 533 |
2020-03-01 | $198,500 (7.6%) | $251,500 (5.1%) | 0.62 | 508 |
2020-04-01 | $196,850 (5.6%) | $245,288 (-3.3%) | 0.62 | 499 |
2020-05-01 | $196,700 (5.9%) | $259,474 (3.7%) | 0.60 | 446 |
2020-06-01 | $199,600 (5.1%) | $267,376 (7.7%) | 0.59 | 414 |
2020-07-01 | $208,675 (10.0%) | $267,281 (7.4%) | 0.60 | 411 |
2020-08-01 | $218,450 (16.1%) | $274,961 (10.6%) | 0.63 | 390 |
2020-09-01 | $206,950 (11.1%) | $268,280 (10.1%) | 0.59 | 339 |
2020-10-01 | $206,450 (11.6%) | $268,092 (11.4%) | 0.59 | 350 |
2020-11-01 | $204,575 (7.7%) | $277,188 (13.9%) | 0.60 | 315 |
2020-12-01 | $199,650 (4.3%) | $268,551 (9.7%) | 0.59 | 318 |
2021-01-01 | $194,900 (0.3%) | $269,701 (6.2%) | 0.58 | 278 |
2021-02-01 | $191,600 (-0.7%) | $272,278 (10.1%) | 0.56 | 257 |
2021-03-01 | $189,900 (-4.3%) | $287,346 (14.3%) | 0.54 | 228 |
2021-04-01 | $218,225 (10.9%) | $310,400 (26.5%) | 0.59 | 206 |
2021-05-01 | $227,000 (15.4%) | $321,687 (24.0%) | 0.60 | 171 |
2021-06-01 | $208,450 (4.4%) | $290,253 (8.6%) | 0.55 | 184 |
2021-07-01 | $199,900 (-4.2%) | $277,056 (3.7%) | 0.53 | 206 |
2021-08-01 | $203,350 (-6.9%) | $265,039 (-3.6%) | 0.54 | 240 |
2021-09-01 | $219,900 (6.3%) | $272,171 (1.5%) | 0.59 | 264 |
2021-10-01 | $219,900 (6.5%) | $284,084 (6.0%) | 0.59 | 253 |
2021-11-01 | $206,725 (1.1%) | $279,664 (0.9%) | 0.55 | 234 |
2021-12-01 | $217,450 (8.9%) | $284,693 (6.0%) | 0.59 | 224 |
2022-01-01 | $224,900 (15.4%) | $292,213 (8.4%) | 0.61 | 199 |
2022-02-01 | $215,000 (12.2%) | $296,946 (9.1%) | 0.56 | 199 |
2022-03-01 | $246,049 (29.6%) | $307,096 (6.9%) | 0.62 | 172 |
2022-04-01 | $253,699 (16.3%) | $305,749 (-1.5%) | 0.60 | 193 |
2022-05-01 | $239,900 (5.7%) | $304,802 (-5.3%) | 0.55 | 203 |
2022-06-01 | $252,500 (21.1%) | $306,842 (5.7%) | 0.56 | 231 |
2022-07-01 | $259,725 (29.9%) | $309,251 (11.6%) | 0.59 | 254 |
2022-08-01 | $265,850 (30.7%) | $309,619 (16.8%) | 0.61 | 274 |
2022-09-01 | $256,025 (16.4%) | $309,142 (13.6%) | 0.60 | 293 |
2022-10-01 | $257,900 (17.3%) | $298,941 (5.2%) | 0.61 | 305 |
2022-11-01 | $248,450 (20.2%) | $293,447 (4.9%) | 0.60 | 313 |
2022-12-01 | $247,700 (13.9%) | $289,499 (1.7%) | 0.61 | 307 |
2023-01-01 | $234,850 (4.4%) | $282,061 (-3.5%) | 0.58 | 280 |
2023-02-01 | $258,800 (20.4%) | $285,911 (-3.7%) | 0.62 | 234 |
2023-03-01 | $261,800 (6.4%) | $289,062 (-5.9%) | 0.62 | 246 |
2023-04-01 | $275,000 (8.4%) | $309,498 (1.2%) | 0.64 | 249 |
2023-05-01 | $253,725 (5.8%) | $312,867 (2.7%) | 0.58 | 251 |
2023-06-01 | $265,700 (5.2%) | $316,322 (3.1%) | 0.60 | 252 |
2023-07-01 | $259,900 (0.1%) | $310,921 (0.5%) | 0.59 | 256 |
2023-08-01 | $263,175 (-1.0%) | $320,327 (3.5%) | 0.60 | 289 |
2023-09-01 | $269,900 (5.4%) | $320,510 (3.7%) | 0.63 | 313 |
2023-10-01 | $268,225 (4.0%) | $318,591 (6.6%) | 0.63 | 339 |
2023-11-01 | $263,725 (6.2%) | $312,021 (6.3%) | 0.63 | 349 |
2023-12-01 | $264,999 (7.0%) | $318,878 (10.2%) | 0.65 | 345 |
2024-01-01 | $264,075 (12.4%) | $313,434 (11.1%) | 0.64 | 323 |
2024-02-01 | $264,375 (2.2%) | $316,320 (10.6%) | 0.64 | 324 |
2024-03-01 | $260,000 (-0.7%) | $319,877 (10.7%) | 0.61 | 330 |
2024-04-01 | $277,450 (0.9%) | $346,568 (12.0%) | 0.65 | 333 |
2024-05-01 | $287,400 (13.3%) | $342,912 (9.6%) | 0.65 | 342 |
2024-06-01 | $282,450 (6.3%) | $351,787 (11.2%) | 0.63 | 370 |
2024-07-01 | $288,400 (11.0%) | $357,970 (15.1%) | 0.66 | 418 |
2024-08-01 | $289,400 (10.0%) | $357,200 (11.5%) | 0.67 | 450 |
2024-09-01 | $273,900 (1.5%) | $354,308 (10.6%) | 0.64 | 451 |
2024-10-01 | $272,150 (1.5%) | $353,219 (10.9%) | 0.64 | 435 |
2024-11-01 | $269,000 (2.0%) | $344,231 (10.3%) | 0.65 | 474 |
DOTHAN's median listing price comes in at 65% of the national average.
DOTHAN's average listing price for 2024-11-01 was $344,231, a difference of $32,210 (10.3%) versus the prior year and $-8,988 versus the prior month.
For the 2024-11-01 period, DOTHAN had 474 MLS listings, a difference of 39 listings (9%) versus the prior month and 125 listings (36%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DOTHAN (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 102 days | 1,872 sqft |
2018-02-01 | 94 days | 1,851 sqft |
2018-03-01 | 77 days | 1,856 sqft |
2018-04-01 | 75 days | 1,882 sqft |
2018-05-01 | 72 days | 1,880 sqft |
2018-06-01 | 74 days | 1,900 sqft |
2018-07-01 | 77 days | 1,902 sqft |
2018-08-01 | 84 days | 1,890 sqft |
2018-09-01 | 87 days | 1,883 sqft |
2018-10-01 | 92 days | 1,899 sqft |
2018-11-01 | 94 days | 1,891 sqft |
2018-12-01 | 99 days | 1,940 sqft |
2019-01-01 | 103 days | 1,976 sqft |
2019-02-01 | 96 days | 1,975 sqft |
2019-03-01 | 84 days | 2,008 sqft |
2019-04-01 | 68 days | 2,047 sqft |
2019-05-01 | 67 days | 1,992 sqft |
2019-06-01 | 65 days | 2,012 sqft |
2019-07-01 | 67 days | 1,992 sqft |
2019-08-01 | 74 days | 1,974 sqft |
2019-09-01 | 77 days | 1,964 sqft |
2019-10-01 | 80 days | 1,967 sqft |
2019-11-01 | 89 days | 1,991 sqft |
2019-12-01 | 95 days | 2,011 sqft |
2020-01-01 | 97 days | 2,033 sqft |
2020-02-01 | 85 days | 2,007 sqft |
2020-03-01 | 67 days | 2,044 sqft |
2020-04-01 | 67 days | 2,018 sqft |
2020-05-01 | 70 days | 2,026 sqft |
2020-06-01 | 57 days | 2,040 sqft |
2020-07-01 | 48 days | 2,060 sqft |
2020-08-01 | 52 days | 2,100 sqft |
2020-09-01 | 57 days | 2,039 sqft |
2020-10-01 | 56 days | 2,059 sqft |
2020-11-01 | 67 days | 2,077 sqft |
2020-12-01 | 72 days | 2,051 sqft |
2021-01-01 | 67 days | 2,022 sqft |
2021-02-01 | 64 days | 1,969 sqft |
2021-03-01 | 50 days | 1,943 sqft |
2021-04-01 | 38 days | 2,083 sqft |
2021-05-01 | 36 days | 2,089 sqft |
2021-06-01 | 26 days | 2,047 sqft |
2021-07-01 | 28 days | 1,948 sqft |
2021-08-01 | 32 days | 1,936 sqft |
2021-09-01 | 36 days | 1,956 sqft |
2021-10-01 | 48 days | 1,927 sqft |
2021-11-01 | 59 days | 1,840 sqft |
2021-12-01 | 67 days | 1,894 sqft |
2022-01-01 | 59 days | 1,843 sqft |
2022-02-01 | 40 days | 1,854 sqft |
2022-03-01 | 48 days | 1,911 sqft |
2022-04-01 | 34 days | 2,001 sqft |
2022-05-01 | 38 days | 1,922 sqft |
2022-06-01 | 35 days | 2,004 sqft |
2022-07-01 | 37 days | 2,063 sqft |
2022-08-01 | 40 days | 2,077 sqft |
2022-09-01 | 52 days | 2,067 sqft |
2022-10-01 | 54 days | 2,054 sqft |
2022-11-01 | 62 days | 1,982 sqft |
2022-12-01 | 68 days | 1,999 sqft |
2023-01-01 | 73 days | 2,021 sqft |
2023-02-01 | 71 days | 2,113 sqft |
2023-03-01 | 38 days | 2,106 sqft |
2023-04-01 | 43 days | 2,156 sqft |
2023-05-01 | 45 days | 2,039 sqft |
2023-06-01 | 46 days | 2,031 sqft |
2023-07-01 | 46 days | 1,980 sqft |
2023-08-01 | 45 days | 1,912 sqft |
2023-09-01 | 46 days | 1,936 sqft |
2023-10-01 | 53 days | 1,930 sqft |
2023-11-01 | 58 days | 1,947 sqft |
2023-12-01 | 61 days | 1,925 sqft |
2024-01-01 | 69 days | 1,870 sqft |
2024-02-01 | 57 days | 1,915 sqft |
2024-03-01 | 53 days | 1,905 sqft |
2024-04-01 | 57 days | 1,922 sqft |
2024-05-01 | 52 days | 1,939 sqft |
2024-06-01 | 47 days | 1,941 sqft |
2024-07-01 | 47 days | 1,952 sqft |
2024-08-01 | 51 days | 1,941 sqft |
2024-09-01 | 58 days | 1,919 sqft |
2024-10-01 | 67 days | 1,905 sqft |
2024-11-01 | 65 days | 1,916 sqft |
DOTHAN's median square footage for active listings during the 2024-11-01 period was 1,916 sqft. One year prior, the average listing was 1,947 sqft.
DOTHAN, AL Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
36301 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36302 | Dothan, AL HUD Metro FMR Area | $630 | $640 | $780 | $1,040 | $1,190 |
36303 | Dothan, AL HUD Metro FMR Area | $630 | $630 | $770 | $1,030 | $1,170 |
36304 | Dothan, AL HUD Metro FMR Area | $630 | $640 | $780 | $1,040 | $1,190 |
36305 | Dothan, AL HUD Metro FMR Area | $850 | $850 | $1,040 | $1,390 | $1,580 |
36312 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36313 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36314 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36316 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36318 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36319 | Dothan, AL HUD Metro FMR Area | $660 | $670 | $840 | $1,130 | $1,210 |
36320 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36321 | Dothan, AL HUD Metro FMR Area | $630 | $640 | $780 | $1,040 | $1,190 |
36322 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36340 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36343 | Dothan, AL HUD Metro FMR Area | $620 | $620 | $760 | $1,010 | $1,150 |
36344 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36345 | Dothan, AL HUD Metro FMR Area | $620 | $620 | $810 | $1,080 | $1,100 |
36350 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36352 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36370 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36375 | Dothan, AL HUD Metro FMR Area | $620 | $620 | $760 | $1,010 | $1,150 |
36376 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36442 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36453 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36467 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
36477 | Dothan, AL HUD Metro FMR Area | $600 | $610 | $740 | $990 | $1,120 |
2022 Average & Median Rent Data Statistics
DOTHAN, AL average 1BR rent: $626, median: $610
DOTHAN, AL average 2BR rent: $764, median: $740
DOTHAN, AL average 3BR rent: $1,022, median: $990
DOTHAN, AL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,721 | $361,045,000 | $209,788 |
Other | 329 | $24,135,000 | $73,359 |
Refi | 319 | $48,135,000 | $150,893 |
Cash Out Refi | 294 | $59,940,000 | $203,878 |
Home Improvement | 240 | $16,200,000 | $67,500 |
NA | 5 | $1,085,000 | $217,000 |
Dothan's most frequently cited loan purpose was Home Purchase, with 1,721 originations. The 2nd most popular reason was Other, with 329 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 933 | $192,475,000 | $206,297 |
7-8% | 616 | $115,120,000 | $186,883 |
Over 8% | 600 | $58,880,000 | $98,133 |
5-6% | 392 | $95,190,000 | $242,832 |
<2.5% | 40 | $2,720,000 | $68,000 |
4-5% | 37 | $7,905,000 | $213,649 |
3-4% | 11 | $1,405,000 | $127,727 |
2.5-3% | 3 | $435,000 | $145,000 |
During 2023, Dothan's most frequently originated rate bucket was 6-7%, with 933 originations.
Loan Sizing (DOTHAN, AL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 1,000 | $52,380,000 | $52,380 |
$100k-200k | 928 | $135,140,000 | $145,625 |
$200k-400k | 834 | $227,480,000 | $272,758 |
$400k-600k | 118 | $54,850,000 | $464,831 |
$600k-1000k | 18 | $12,790,000 | $710,556 |
$Over $1MM | 10 | $27,900,000 | $2,790,000 |
DOTHAN's loan sizing saw the bucket of loans from $100,000 or less with 1,000 originations, totaling $52,380,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,278 | $286,820,000 | $224,429 |
60-80% | 452 | $93,690,000 | $207,279 |
20-40% | 312 | $28,870,000 | $92,532 |
Under 20% | 306 | $11,760,000 | $38,431 |
40-60% | 191 | $24,845,000 | $130,079 |
Over 100% | 74 | $21,470,000 | $290,135 |
DOTHAN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,278 originations, totaling $286,820,000 in origination value.