DOTHAN Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Dothan averaged
6.86%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.21% and
one month ago for the week of 2023-10-19, the
average rate was 7.4%.
Dothan's average rate one year ago was 6.28%.
For refis of the same type during the week of 2023-11-22, the average rate
was 6.32%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Dothan 30 Year Fixed Rate | 2023-11-22 | 6.86% |
Dothan 30 Year Fixed Rate Refi | 2023-11-22 | 6.32% |
Dothan 15 Year Fixed Rate | 2023-11-22 | 6.63% |
Dothan 15 Year Fixed Rate Refi | 2023-11-22 | 6.77% |
Dothan 30 Year FHA | 2023-11-22 | -0.51% |
Dothan 30 Year FHA Refi | 2023-11-22 | 0.1% |
Dothan 30 Year USDA | 2023-11-22 | -0.35% |
Dothan 30 Year USDA Refi | 2023-11-22 | -0.1% |
Dothan 30 Year VA | 2023-11-22 | -0.33% |
Dothan 30 Year VA Refi | 2023-11-22 | 0.2% |
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 117 lenders originated 3,485
loans during 2022. The total origination value was $655,735,000, with an average loan value of
$188,159.
DOTHAN's average closing costs are $4,195.
The top DOTHAN lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
93 loans originated. Their average total fees are
$4,115, which is $1,603
higher than the next largest lender,
INTERLINC MORTGAGE SERVICES, LLC.
The lowest fee DOTHAN lenders (with over 10 loans originated) are
INTERLINC MORTGAGE SERVICES, LLC ($2,512), Tyndall Federal Credit Union ($2,948), APCO EMPLOYEES ($3,129), Wells Fargo Bank ($3,130) and Synovus Bank ($3,345).
The lowest rate DOTHAN lenders (with over 10 loans originated) are
Troy Bank and Trust Company (4.34%), APCO EMPLOYEES (4.38%), Synovus Bank (4.47%), PENNYMAC LOAN SERVICES, LLC (4.49%) and FirstBank (4.58%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $63,515,000 | $45,955,000 | -27.6% | 7.0% |
INTERLINC MORTGAGE SERVICES, LLC | $58,895,000 | $41,265,000 | -29.9% | 6.3% |
QUICKEN LOANS, LLC | $78,300,000 | $34,310,000 | -56.2% | 5.2% |
Mortgage Research Center, LLC | $41,960,000 | $28,210,000 | -32.8% | 4.3% |
Ameris Bank | $34,070,000 | $24,010,000 | -29.5% | 3.7% |
River Bank & Trust | $13,165,000 | $22,930,000 | 74.2% | 3.5% |
Renasant Bank | $54,930,000 | $19,925,000 | -63.7% | 3.0% |
Regions Bank | $26,980,000 | $19,830,000 | -26.5% | 3.0% |
PENNYMAC LOAN SERVICES, LLC | $22,400,000 | $19,345,000 | -13.6% | 3.0% |
ALL IN | $2,360,000 | $18,940,000 | 702.5% | 2.9% |
Hometown Lenders, Inc. | $30,400,000 | $18,875,000 | -37.9% | 2.9% |
Capital One | $16,745,000 | n/a | 2.6% | |
PeoplesSouth Bank | $15,155,000 | $15,925,000 | 5.1% | 2.4% |
ServisFirst Bank | $15,570,000 | $15,320,000 | -1.6% | 2.3% |
READYCAP COMMERCIAL, LLC | $14,005,000 | n/a | 2.1% | |
Troy Bank and Trust Company | $9,030,000 | $11,520,000 | 27.6% | 1.8% |
FirstBank | $16,515,000 | $11,445,000 | -30.7% | 1.7% |
Five Star Credit Union | $15,945,000 | $10,955,000 | -31.3% | 1.7% |
The First National Bank of Hartford | $6,380,000 | $10,765,000 | 68.7% | 1.6% |
Synovus Bank | $6,820,000 | $10,625,000 | 55.8% | 1.6% |
UNITED WHOLESALE MORTGAGE, LLC | $7,115,000 | $9,825,000 | 38.1% | 1.5% |
Tyndall Federal Credit Union | $19,990,000 | $9,690,000 | -51.5% | 1.5% |
Grandbridge Real Estate Capital LLC | $9,005,000 | n/a | 1.4% | |
LOANDEPOT.COM, LLC | $10,930,000 | $8,315,000 | -23.9% | 1.3% |
Wells Fargo Bank | $18,470,000 | $7,400,000 | -59.9% | 1.1% |
ENVOY MORTGAGE, LTD | $3,420,000 | $6,815,000 | 99.3% | 1.0% |
FREEDOM MORTGAGE CORPORATION | $33,205,000 | $6,445,000 | -80.6% | 1.0% |
NAVY FEDERAL CREDIT UNION | $9,135,000 | $6,125,000 | -33.0% | 0.9% |
UNION HOME MORTGAGE CORP. | $3,005,000 | $6,060,000 | 101.7% | 0.9% |
Mr. Cooper ( Nationstar Mortgage ) | $5,685,000 | $5,995,000 | 5.5% | 0.9% |
USAA Federal Savings Bank | $9,855,000 | $5,725,000 | -41.9% | 0.9% |
Ixonia Bank | $2,510,000 | $5,625,000 | 124.1% | 0.9% |
KeyBank | $11,945,000 | $5,505,000 | -53.9% | 0.8% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $5,085,000 | $5,385,000 | 5.9% | 0.8% |
APCO EMPLOYEES | $6,320,000 | $5,190,000 | -17.9% | 0.8% |
BankPlus | $5,370,000 | $5,170,000 | -3.7% | 0.8% |
The Samson Banking Company, Inc. | $5,965,000 | $4,480,000 | -24.9% | 0.7% |
PNC Bank | $585,000 | $4,360,000 | 645.3% | 0.7% |
21ST MORTGAGE CORPORATION | $4,730,000 | $4,045,000 | -14.5% | 0.6% |
CALIBER HOME LOANS, INC. | $7,445,000 | $3,735,000 | -49.8% | 0.6% |
Southern States Bank | $115,000 | $3,575,000 | 3,008.7% | 0.5% |
Hamilton Mortgage Corporation | $11,670,000 | $3,410,000 | -70.8% | 0.5% |
NEW DAY FINANCIAL, LLC | $5,840,000 | $3,180,000 | -45.5% | 0.5% |
BROKER SOLUTIONS, INC. | $2,940,000 | $3,175,000 | 8.0% | 0.5% |
MORTGAGE INVESTORS GROUP, INC. | $6,125,000 | $3,065,000 | -50.0% | 0.5% |
GUILD MORTGAGE COMPANY | $11,100,000 | $2,985,000 | -73.1% | 0.5% |
AMERICAN FINANCING CORPORATION | $2,700,000 | $2,930,000 | 8.5% | 0.4% |
First State Bank of Blakely, Inc. | $1,415,000 | $2,520,000 | 78.1% | 0.4% |
JPMorgan Chase Bank | $2,730,000 | $2,420,000 | -11.4% | 0.4% |
LAKEVIEW LOAN SERVICING, LLC | $5,540,000 | $2,415,000 | -56.4% | 0.4% |
Nations Lending Corporation | $4,975,000 | $2,250,000 | -54.8% | 0.3% |
First Federal Bank | $810,000 | $2,240,000 | 176.5% | 0.3% |
Flagstar Bank, FSB | $3,425,000 | $2,220,000 | -35.2% | 0.3% |
MOVEMENT MORTGAGE, LLC | $440,000 | $2,170,000 | 393.2% | 0.3% |
NEWREZ LLC | $4,410,000 | $2,135,000 | -51.6% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $10,225,000 | $1,960,000 | -80.8% | 0.3% |
AVADIAN | $14,485,000 | $1,820,000 | -87.4% | 0.3% |
SOUTHWEST FUNDING, LP | $1,780,000 | n/a | 0.3% | |
Trustmark National Bank | $3,250,000 | $1,710,000 | -47.4% | 0.3% |
GUARANTEED RATE, INC. | $3,415,000 | $1,685,000 | -50.7% | 0.3% |
Northpointe Bank | $1,940,000 | $1,670,000 | -13.9% | 0.3% |
SmartBank | $190,000 | $1,615,000 | 750.0% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $2,015,000 | $1,550,000 | -23.1% | 0.2% |
Barrington Bank & Trust Company, N.A. | $1,020,000 | $1,495,000 | 46.6% | 0.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $890,000 | $1,445,000 | 62.4% | 0.2% |
TRIAD FINANCIAL SERVICES, INC. | $1,005,000 | $1,440,000 | 43.3% | 0.2% |
South State Bank | $360,000 | $1,430,000 | 297.2% | 0.2% |
The Central Trust Bank | $395,000 | $1,370,000 | 246.8% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $1,450,000 | $1,305,000 | -10.0% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $5,185,000 | $1,290,000 | -75.1% | 0.2% |
T2 FINANCIAL LLC | $1,275,000 | n/a | 0.2% | |
GMFS LLC | $770,000 | $1,255,000 | 63.0% | 0.2% |
The Federal Savings Bank | $1,780,000 | $1,250,000 | -29.8% | 0.2% |
CRESCENT MORTGAGE COMPANY | $10,465,000 | $1,155,000 | -89.0% | 0.2% |
Centennial Bank | $1,125,000 | n/a | 0.2% | |
First South Farm Credit, ACA | $1,150,000 | $1,115,000 | -3.0% | 0.2% |
Citizens Bank | $670,000 | $1,045,000 | 56.0% | 0.2% |
AMERICAN FINANCIAL RESOURCES, INC. | $545,000 | $1,000,000 | 83.5% | 0.2% |
BETTER MORTGAGE CORPORATION | $4,200,000 | $990,000 | -76.4% | 0.2% |
CHURCHILL MORTGAGE CORPORATION | $1,510,000 | $935,000 | -38.1% | 0.1% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,660,000 | $920,000 | -44.6% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $805,000 | $910,000 | 13.0% | 0.1% |
First Home Bank | $115,000 | $865,000 | 652.2% | 0.1% |
Truist | $3,540,000 | $815,000 | -77.0% | 0.1% |
U.S. Bank | $635,000 | $790,000 | 24.4% | 0.1% |
CMG MORTGAGE, INC. | $1,030,000 | $785,000 | -23.8% | 0.1% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,520,000 | $760,000 | -83.2% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,955,000 | $735,000 | -62.4% | 0.1% |
STOCKTON MORTGAGE CORPORATION | $730,000 | n/a | 0.1% | |
AuburnBank | $725,000 | n/a | 0.1% | |
EMBRACE HOME LOANS, INC. | $850,000 | $725,000 | -14.7% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $705,000 | $715,000 | 1.4% | 0.1% |
TOWNE MORTGAGE COMPANY | $115,000 | $715,000 | 521.7% | 0.1% |
UBS Bank USA | $705,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $3,450,000 | $680,000 | -80.3% | 0.1% |
First Savings Bank | $315,000 | $675,000 | 114.3% | 0.1% |
Bank of America | $1,330,000 | $665,000 | -50.0% | 0.1% |
Mid-Continent Funding, Inc. | $795,000 | $645,000 | -18.9% | 0.1% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $625,000 | n/a | 0.1% | |
THE MORTGAGE FIRM, INC. | $610,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $840,000 | $600,000 | -28.6% | 0.1% |
CLEARPATH LENDING | $1,865,000 | $590,000 | -68.4% | 0.1% |
PLANET HOME LENDING, LLC | $1,370,000 | $580,000 | -57.7% | 0.1% |
ASCEND FEDERAL CREDIT UNION | $565,000 | n/a | 0.1% | |
Waterstone Mortgage Corporation | $560,000 | $565,000 | 0.9% | 0.1% |
DRAPER AND KRAMER MORTGAGE CORP. | $840,000 | $560,000 | -33.3% | 0.1% |
First Guaranty Mortgage Corporation | $1,190,000 | $560,000 | -52.9% | 0.1% |
HOMESTAR FINANCIAL CORPORATION | $535,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $925,000 | $535,000 | -42.2% | 0.1% |
HomePromise Corporation | $530,000 | n/a | 0.1% | |
TJC Mortgage, Inc. | $270,000 | $530,000 | 96.3% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $525,000 | n/a | 0.1% | |
BANK OF LITTLE ROCK MORTGAGE CORPORATION | $525,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $510,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $705,000 | $480,000 | -31.9% | 0.1% |
AMERICAN ADVISORS GROUP | $570,000 | $475,000 | -16.7% | 0.1% |
EMM LOANS LLC | $475,000 | n/a | 0.1% | |
Gateway First Bank | $395,000 | $470,000 | 19.0% | 0.1% |
Bank of England | $610,000 | $460,000 | -24.6% | 0.1% |
Discover Bank | $175,000 | $460,000 | 162.9% | 0.1% |
MILEND, INC. | $735,000 | $450,000 | -38.8% | 0.1% |
VILLAGE CAPITAL MORTGAGE | $4,020,000 | $450,000 | -88.8% | 0.1% |
REDSTONE Federal Credit Union | $45,000 | $415,000 | 822.2% | 0.1% |
RESIDENTIAL BANCORP. | $400,000 | n/a | 0.1% | |
NBH Bank | $745,000 | $395,000 | -47.0% | 0.1% |
M&T Bank | $315,000 | $385,000 | 22.2% | 0.1% |
Simmons Bank | $385,000 | n/a | 0.1% | |
STEARNS LENDING, LLC | $2,060,000 | $385,000 | -81.3% | 0.1% |
Listerhill Credit Union | $375,000 | n/a | 0.1% | |
ACOPIA, LLC | $365,000 | n/a | 0.1% | |
Equity Prime Mortgage LLC | $495,000 | $360,000 | -27.3% | 0.1% |
BELEM SERVICING LLC | $355,000 | n/a | 0.1% | |
NBKC BANK | $735,000 | $355,000 | -51.7% | 0.1% |
Encompass Lending Group, LP | $340,000 | n/a | 0.1% | |
LEADERONE FINANCIAL CORPORATION | $490,000 | $340,000 | -30.6% | 0.1% |
Ally Bank | $1,645,000 | $330,000 | -79.9% | 0.1% |
HOMESTEAD FUNDING CORP. | $1,330,000 | $325,000 | -75.6% | 0.0% |
Assurance Financial Group, L.L.C. | $315,000 | n/a | 0.0% | |
EVERETT FINANCIAL, INC. | $305,000 | n/a | 0.0% | |
FIRST COMMUNITY MORTGAGE, INC. | $1,160,000 | $305,000 | -73.7% | 0.0% |
First Palmetto Bank | $305,000 | n/a | 0.0% | |
Consumer First Mortgage, Inc. | $435,000 | $290,000 | -33.3% | 0.0% |
SOUTHEAST MORTGAGE OF GEORGIA, INC. | $290,000 | n/a | 0.0% | |
SouthPoint Bank | $270,000 | $285,000 | 5.6% | 0.0% |
Figure Lending LLC | $185,000 | $280,000 | 51.4% | 0.0% |
LIMA ONE CAPITAL, LLC | $65,000 | $275,000 | 323.1% | 0.0% |
The Huntington National Bank | $265,000 | n/a | 0.0% | |
ENCORE BANK | $255,000 | n/a | 0.0% | |
CCB Community Bank | $340,000 | $250,000 | -26.5% | 0.0% |
BAY EQUITY LLC | $245,000 | n/a | 0.0% | |
Peoples Bank | $245,000 | n/a | 0.0% | |
THRIVE MORTGAGE, LLC | $245,000 | n/a | 0.0% | |
Community First National Bank | $105,000 | $235,000 | 123.8% | 0.0% |
FIRST COMMERCE CREDIT UNION | $235,000 | n/a | 0.0% | |
Low VA Rates, LLC | $1,430,000 | $235,000 | -83.6% | 0.0% |
DELMAR FINANCIAL COMPANY | $220,000 | n/a | 0.0% | |
Colonial Savings, F.A. | $205,000 | n/a | 0.0% | |
Colony Bank | $205,000 | n/a | 0.0% | |
Magnolia Bank | $525,000 | $205,000 | -61.0% | 0.0% |
PHH Mortgage Corporation | $945,000 | $205,000 | -78.3% | 0.0% |
Semper Home Loans, Inc. | $205,000 | n/a | 0.0% | |
GRANITE FEDERAL CREDIT UNION | $425,000 | $195,000 | -54.1% | 0.0% |
GUIDANCE RESIDENTIAL, LLC | $125,000 | $195,000 | 56.0% | 0.0% |
CERTAINTY HOME LOANS, LLC | $55,000 | $175,000 | 218.2% | 0.0% |
Charles Schwab Bank, SSB | $175,000 | n/a | 0.0% | |
EUSTIS AND AMERICAN MORTGAGE COMPANY | $175,000 | n/a | 0.0% | |
HOMESIDE FINANCIAL, LLC | $1,320,000 | $175,000 | -86.7% | 0.0% |
UNITED MORTGAGE CORP. | $175,000 | n/a | 0.0% | |
SPRING EQ, LLC | $170,000 | n/a | 0.0% | |
First Horizon Bank | $165,000 | n/a | 0.0% | |
First Reliance Bank | $165,000 | n/a | 0.0% | |
Republic Bank & Trust Company | $165,000 | n/a | 0.0% | |
ZILLOW HOME LOANS, LLC | $680,000 | $165,000 | -75.7% | 0.0% |
Hometown Equity Mortgage, LLC | $155,000 | n/a | 0.0% | |
HOPE FEDERAL CREDIT UNION | $155,000 | n/a | 0.0% | |
LENDSURE MORTGAGE CORP. | $155,000 | n/a | 0.0% | |
1ST SIGNATURE LENDING, LLC | $145,000 | n/a | 0.0% | |
American Airlines Federal Credit Union | $145,000 | n/a | 0.0% | |
Baxter Credit Union | $145,000 | n/a | 0.0% | |
FINANCE OF AMERICA REVERSE LLC | $145,000 | n/a | 0.0% | |
Lend Smart Mortgage, LLC | $145,000 | n/a | 0.0% | |
Bank of Belleville | $135,000 | n/a | 0.0% | |
Paramount Residential Mortgage Group, Inc. | $135,000 | n/a | 0.0% | |
Progress Bank and Trust | $105,000 | $135,000 | 28.6% | 0.0% |
REVERSE MORTGAGE FUNDING LLC | $125,000 | $135,000 | 8.0% | 0.0% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $125,000 | n/a | 0.0% | |
Armed Forces Bank | $225,000 | $125,000 | -44.4% | 0.0% |
SOUTHPOINT FINANCIAL SERVICES, INC. | $330,000 | $125,000 | -62.1% | 0.0% |
PREMIA MORTGAGE, LLC | $245,000 | $115,000 | -53.1% | 0.0% |
SOUTHWEST STAGE FUNDING, LLC | $395,000 | $115,000 | -70.9% | 0.0% |
CIS Financial Services, Inc. | $115,000 | $105,000 | -8.7% | 0.0% |
COUNTRYPLACE MORTGAGE, LTD. | $105,000 | n/a | 0.0% | |
Community Bank of Mississippi | $85,000 | $95,000 | 11.8% | 0.0% |
DAS Acquisition Company, LLC | $400,000 | $95,000 | -76.3% | 0.0% |
ATLANTA POSTAL | $85,000 | n/a | 0.0% | |
GENEVA FINANCIAL, LLC | $85,000 | n/a | 0.0% | |
Guardian Credit Union | $85,000 | n/a | 0.0% | |
KEESLER | $85,000 | n/a | 0.0% | |
CSL Financial, LLC | $140,000 | $75,000 | -46.4% | 0.0% |
DIRECT LENDERS, LLC | $75,000 | n/a | 0.0% | |
NETWORK CAPITAL FUNDING CORPORATION | $245,000 | $75,000 | -69.4% | 0.0% |
DELTA COMMUNITY CREDIT UNION | $145,000 | $65,000 | -55.2% | 0.0% |
GUARANTEED RATE AFFINITY, LLC | $65,000 | n/a | 0.0% | |
ALABAMA STATE EMPLOYEES CREDIT UNION | $55,000 | n/a | 0.0% | |
RUOFF MORTGAGE COMPANY, INC. | $220,000 | $55,000 | -75.0% | 0.0% |
BancorpSouth Bank | $2,170,000 | $45,000 | -97.9% | 0.0% |
Community South Credit Union | $15,000 | n/a | 0.0% | |
First Citizens Bank | $145,000 | $15,000 | -89.7% | 0.0% |
1st Franklin Financial Corporation | $105,000 | $5,000 | -95.2% | 0.0% |
DOTHAN's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 7.0% market share. In second place, with 6.3%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $41,265,000 in loans. In third place, with 5.2%, is QUICKEN LOANS, LLC, having originated $34,310,000 in loans. In fourth place, with 4.3%, is Mortgage Research Center, LLC, having originated $28,210,000 in loans. In fifth place, with 3.7%, is Ameris Bank, having originated $24,010,000 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%) | $201,838 (9.5%) | 0.59 | 826 |
2018-02-01 | $159,900 (8.6%) | $200,424 (7.6%) | 0.58 | 865 |
2018-03-01 | $159,900 (3.9%) | $198,358 (2.2%) | 0.56 | 887 |
2018-04-01 | $164,500 (6.2%) | $200,544 (3.8%) | 0.56 | 881 |
2018-05-01 | $164,025 (5.6%) | $199,705 (3.3%) | 0.55 | 936 |
2018-06-01 | $164,900 (5.1%) | $205,855 (6.0%) | 0.55 | 906 |
2018-07-01 | $169,550 (8.0%) | $210,126 (8.0%) | 0.57 | 874 |
2018-08-01 | $164,349 (3.4%) | $207,998 (6.4%) | 0.55 | 848 |
2018-09-01 | $165,000 (3.5%) | $208,153 (6.3%) | 0.55 | 836 |
2018-10-01 | $164,450 (3.1%) | $210,274 (6.4%) | 0.56 | 808 |
2018-11-01 | $163,700 (2.8%) | $214,424 (8.7%) | 0.55 | 786 |
2018-12-01 | $166,500 (6.1%) | $220,033 (10.7%) | 0.57 | 732 |
2019-01-01 | $177,400 (10.9%) | $222,798 (10.4%) | 0.61 | 701 |
2019-02-01 | $179,900 (12.5%) | $224,120 (11.8%) | 0.61 | 687 |
2019-03-01 | $183,100 (14.5%) | $239,028 (20.5%) | 0.60 | 651 |
2019-04-01 | $184,675 (12.3%) | $253,321 (26.3%) | 0.59 | 632 |
2019-05-01 | $184,350 (12.4%) | $250,346 (25.4%) | 0.58 | 635 |
2019-06-01 | $190,000 (15.2%) | $248,198 (20.6%) | 0.59 | 654 |
2019-07-01 | $189,700 (11.9%) | $248,709 (18.4%) | 0.59 | 656 |
2019-08-01 | $188,136 (14.5%) | $248,678 (19.6%) | 0.60 | 622 |
2019-09-01 | $186,091 (12.8%) | $243,472 (17.0%) | 0.60 | 617 |
2019-10-01 | $184,977 (12.5%) | $240,522 (14.4%) | 0.60 | 611 |
2019-11-01 | $189,900 (16.0%) | $243,080 (13.4%) | 0.62 | 589 |
2019-12-01 | $191,875 (15.2%) | $244,636 (11.2%) | 0.64 | 579 |
2020-01-01 | $194,400 (9.6%) | $253,723 (13.9%) | 0.65 | 545 |
2020-02-01 | $192,900 (7.2%) | $246,963 (10.2%) | 0.63 | 532 |
2020-03-01 | $198,363 (8.3%) | $251,183 (5.1%) | 0.62 | 507 |
2020-04-01 | $196,750 (6.5%) | $244,953 (-3.3%) | 0.62 | 498 |
2020-05-01 | $195,850 (6.2%) | $259,140 (3.5%) | 0.60 | 445 |
2020-06-01 | $199,600 (5.1%) | $267,206 (7.7%) | 0.59 | 413 |
2020-07-01 | $208,675 (10.0%) | $267,281 (7.5%) | 0.60 | 411 |
2020-08-01 | $218,450 (16.1%) | $274,961 (10.6%) | 0.63 | 390 |
2020-09-01 | $206,950 (11.2%) | $268,280 (10.2%) | 0.59 | 339 |
2020-10-01 | $206,450 (11.6%) | $268,092 (11.5%) | 0.59 | 350 |
2020-11-01 | $204,575 (7.7%) | $277,188 (14.0%) | 0.60 | 315 |
2020-12-01 | $197,400 (2.9%) | $268,609 (9.8%) | 0.59 | 317 |
2021-01-01 | $194,500 (0.1%) | $270,032 (6.4%) | 0.58 | 278 |
2021-02-01 | $190,425 (-1.3%) | $272,482 (10.3%) | 0.55 | 256 |
2021-03-01 | $189,900 (-4.3%) | $287,620 (14.5%) | 0.54 | 227 |
2021-04-01 | $221,300 (12.5%) | $310,906 (26.9%) | 0.60 | 206 |
2021-05-01 | $227,000 (15.9%) | $321,283 (24.0%) | 0.60 | 172 |
2021-06-01 | $211,900 (6.2%) | $290,459 (8.7%) | 0.56 | 184 |
2021-07-01 | $199,900 (-4.2%) | $277,475 (3.8%) | 0.53 | 205 |
2021-08-01 | $203,350 (-6.9%) | $265,423 (-3.5%) | 0.54 | 239 |
2021-09-01 | $219,950 (6.3%) | $272,382 (1.5%) | 0.59 | 264 |
2021-10-01 | $219,950 (6.5%) | $284,260 (6.0%) | 0.59 | 253 |
2021-11-01 | $209,000 (2.2%) | $279,860 (1.0%) | 0.56 | 234 |
2021-12-01 | $217,475 (10.2%) | $284,888 (6.1%) | 0.59 | 224 |
2022-01-01 | $224,900 (15.6%) | $292,395 (8.3%) | 0.61 | 199 |
2022-02-01 | $211,850 (11.3%) | $293,212 (7.6%) | 0.55 | 194 |
2022-03-01 | $239,775 (26.3%) | $302,726 (5.3%) | 0.60 | 168 |
2022-04-01 | $251,050 (13.4%) | $301,050 (-3.2%) | 0.60 | 188 |
2022-05-01 | $238,825 (5.2%) | $300,998 (-6.3%) | 0.55 | 197 |
2022-06-01 | $249,700 (17.8%) | $302,950 (4.3%) | 0.56 | 225 |
2022-07-01 | $254,900 (27.5%) | $305,513 (10.1%) | 0.57 | 250 |
2022-08-01 | $265,850 (30.7%) | $306,383 (15.4%) | 0.61 | 274 |
2022-09-01 | $256,450 (16.6%) | $305,909 (12.3%) | 0.60 | 294 |
2022-10-01 | $258,500 (17.5%) | $296,412 (4.3%) | 0.61 | 304 |
2022-11-01 | $249,225 (19.3%) | $291,452 (4.1%) | 0.60 | 312 |
2022-12-01 | $244,900 (12.6%) | $287,591 (1.0%) | 0.60 | 302 |
2023-01-01 | $234,350 (4.2%) | $279,609 (-4.4%) | 0.58 | 275 |
2023-02-01 | $253,900 (19.9%) | $282,988 (-3.5%) | 0.61 | 229 |
2023-03-01 | $259,000 (8.0%) | $286,429 (-5.4%) | 0.61 | 241 |
2023-04-01 | $275,000 (9.5%) | $306,970 (2.0%) | 0.64 | 249 |
2023-05-01 | $253,750 (6.3%) | $313,036 (4.0%) | 0.57 | 251 |
2023-06-01 | $267,175 (7.0%) | $316,678 (4.5%) | 0.60 | 251 |
2023-07-01 | $259,900 (2.0%) | $311,083 (1.8%) | 0.59 | 254 |
2023-08-01 | $263,175 (-1.0%) | $320,327 (4.6%) | 0.60 | 289 |
2023-09-01 | $269,900 (5.2%) | $320,510 (4.8%) | 0.63 | 313 |
2023-10-01 | $268,225 (3.8%) | $318,591 (7.5%) | 0.63 | 339 |
DOTHAN's median listing price comes in at 63% of the national average.
DOTHAN's average listing price for 2023-10-01 was $318,591, a difference of $22,179 (7.5%) versus the prior year and $-1,919 versus the prior month.
For the 2023-10-01 period, DOTHAN had 339 MLS listings, a difference of 26 listings (8%) versus the prior month and 35 listings (12%) 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 | 79 days | 1,856 sqft |
2018-04-01 | 75 days | 1,883 sqft |
2018-05-01 | 72 days | 1,878 sqft |
2018-06-01 | 74 days | 1,900 sqft |
2018-07-01 | 77 days | 1,901 sqft |
2018-08-01 | 84 days | 1,888 sqft |
2018-09-01 | 87 days | 1,882 sqft |
2018-10-01 | 92 days | 1,893 sqft |
2018-11-01 | 93 days | 1,885 sqft |
2018-12-01 | 96 days | 1,938 sqft |
2019-01-01 | 102 days | 1,975 sqft |
2019-02-01 | 96 days | 1,973 sqft |
2019-03-01 | 82 days | 2,003 sqft |
2019-04-01 | 67 days | 2,036 sqft |
2019-05-01 | 66 days | 1,992 sqft |
2019-06-01 | 66 days | 2,009 sqft |
2019-07-01 | 67 days | 1,992 sqft |
2019-08-01 | 74 days | 1,972 sqft |
2019-09-01 | 77 days | 1,961 sqft |
2019-10-01 | 80 days | 1,965 sqft |
2019-11-01 | 89 days | 1,987 sqft |
2019-12-01 | 95 days | 2,010 sqft |
2020-01-01 | 97 days | 2,033 sqft |
2020-02-01 | 85 days | 2,005 sqft |
2020-03-01 | 66 days | 2,041 sqft |
2020-04-01 | 67 days | 2,017 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 | 2,038 sqft |
2020-10-01 | 56 days | 2,054 sqft |
2020-11-01 | 67 days | 2,068 sqft |
2020-12-01 | 72 days | 2,047 sqft |
2021-01-01 | 67 days | 2,022 sqft |
2021-02-01 | 64 days | 1,978 sqft |
2021-03-01 | 50 days | 1,948 sqft |
2021-04-01 | 37 days | 2,088 sqft |
2021-05-01 | 36 days | 2,089 sqft |
2021-06-01 | 26 days | 2,049 sqft |
2021-07-01 | 29 days | 1,959 sqft |
2021-08-01 | 32 days | 1,938 sqft |
2021-09-01 | 37 days | 1,962 sqft |
2021-10-01 | 48 days | 1,928 sqft |
2021-11-01 | 59 days | 1,844 sqft |
2021-12-01 | 67 days | 1,900 sqft |
2022-01-01 | 59 days | 1,843 sqft |
2022-02-01 | 41 days | 1,845 sqft |
2022-03-01 | 48 days | 1,884 sqft |
2022-04-01 | 32 days | 1,970 sqft |
2022-05-01 | 37 days | 1,921 sqft |
2022-06-01 | 33 days | 1,984 sqft |
2022-07-01 | 36 days | 2,040 sqft |
2022-08-01 | 39 days | 2,067 sqft |
2022-09-01 | 52 days | 2,038 sqft |
2022-10-01 | 54 days | 2,035 sqft |
2022-11-01 | 62 days | 1,981 sqft |
2022-12-01 | 67 days | 1,997 sqft |
2023-01-01 | 72 days | 2,005 sqft |
2023-02-01 | 71 days | 2,109 sqft |
2023-03-01 | 38 days | 2,104 sqft |
2023-04-01 | 43 days | 2,156 sqft |
2023-05-01 | 45 days | 2,037 sqft |
2023-06-01 | 46 days | 2,021 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 |
DOTHAN's median square footage for active listings during the 2023-10-01 period was 1,930 sqft. One year prior, the average listing was 2,035 sqft.
DOTHAN, AL Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
36301 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36302 | Dothan, AL | $570 | $580 | $720 | $950 | $1,070 |
36303 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36305 | Dothan, AL | $730 | $740 | $920 | $1,210 | $1,360 |
36312 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36313 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36314 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36316 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36318 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36319 | Dothan, AL | $620 | $630 | $800 | $1,050 | $1,220 |
36320 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36321 | Dothan, AL | $600 | $600 | $750 | $990 | $1,110 |
36322 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36340 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36343 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36344 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36345 | Dothan, AL | $540 | $540 | $710 | $930 | $1,110 |
36350 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36352 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36370 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36375 | Dothan, AL | $570 | $570 | $710 | $940 | $1,050 |
36376 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36442 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36453 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36467 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
36477 | Dothan, AL | $560 | $560 | $710 | $930 | $1,040 |
2022 Average & Median Rent Data Statistics
DOTHAN, AL average 1BR rent: $572, median: $560
DOTHAN, AL average 2BR rent: $723, median: $710
DOTHAN, AL average 3BR rent: $949, median: $930
DOTHAN, AL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,997 | $427,575,000 | $214,109 |
Refi | 540 | $106,250,000 | $196,759 |
Cash Out Refi | 449 | $80,365,000 | $178,987 |
Other | 262 | $22,160,000 | $84,580 |
Home Improvement | 236 | $19,320,000 | $81,864 |
NA | 1 | $65,000 | $65,000 |
Dothan's most frequently cited loan purpose was Home Purchase, with 1,997 originations. The 2nd most popular reason was Refi, with 540 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 854 | $164,790,000 | $192,963 |
4-5% | 842 | $168,650,000 | $200,297 |
3-4% | 705 | $148,205,000 | $210,220 |
6-7% | 406 | $68,000,000 | $167,488 |
7-8% | 153 | $17,595,000 | $115,000 |
2.5-3% | 136 | $29,920,000 | $220,000 |
<2.5% | 96 | $12,540,000 | $130,625 |
Over 8% | 82 | $6,520,000 | $79,512 |
During 2022, Dothan's most frequently originated rate bucket was 5-6%, with 854 originations.
Loan Sizing (DOTHAN, AL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 1,213 | $178,505,000 | $147,160 |
$100,000 or less | 1,084 | $59,790,000 | $55,157 |
$200k-400k | 1,017 | $277,775,000 | $273,132 |
$400k-600k | 123 | $57,775,000 | $469,715 |
$600k-1000k | 35 | $23,855,000 | $681,571 |
$Over $1MM | 13 | $58,035,000 | $4,464,231 |
DOTHAN's loan sizing saw the bucket of loans from $100k-200k with 1,213 originations, totaling $178,505,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,657 | $363,565,000 | $219,412 |
60-80% | 696 | $145,970,000 | $209,727 |
40-60% | 301 | $66,365,000 | $220,482 |
20-40% | 260 | $18,680,000 | $71,846 |
Under 20% | 250 | $8,270,000 | $33,080 |
Over 100% | 87 | $25,625,000 | $294,540 |
DOTHAN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,657 originations, totaling $363,565,000 in origination value.