EL CENTRO Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in El Centro averaged 6.83% for the week of 2024-05-23, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-05-16) was 6.91% and one month ago for the week of 2024-04-18, the average rate was 6.99%.

El Centro's average rate one year ago was 6.48%.

For refis of the same type during the week of 2024-05-23, the average rate was 7.44%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-23 6.94%
El Centro 30 Year Fixed Rate 2024-05-23 6.83%
El Centro 30 Year Fixed Rate Refi 2024-05-23 7.44%
El Centro 15 Year Fixed Rate 2024-05-23 6.14%
El Centro 15 Year Fixed Rate Refi 2024-05-23 6.14%
El Centro 30 Year FHA 2024-05-23 6.54%
El Centro 30 Year FHA Refi 2024-05-23 6.55%
El Centro 30 Year USDA 2024-05-23 6.84%
El Centro 30 Year USDA Refi 2024-05-23 6.64%
El Centro 30 Year VA 2024-05-23 6.52%
El Centro 30 Year VA Refi 2024-05-23 6.67%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EL CENTRO, CA.

EL CENTRO 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 EL CENTRO, CA 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 69 6.60% $8,641
QUICKEN LOANS, LLC 36 6.76% $8,208
PRIMELENDING, A PLAINSCAPITAL COMPANY 34 6.52% $12,197
Wallick & Volk, Inc. 19 6.43% $8,112
CARDINAL FINANCIAL 18 6.47% $12,413
JPMorgan Chase Bank 13 7.00% $7,638
ARK-LA-TEX FINANCIAL SERVICES, LLC. 12 6.61% $10,896
Wells Fargo Bank 10 6.29% $4,260
Sierra Pacific Mortgage Company, Inc. 7 6.41% $11,071
LOANDEPOT.COM, LLC 7 6.35% $7,907
Paramount Residential Mortgage Group, Inc. 7 6.88% $8,408
PENNYMAC LOAN SERVICES, LLC 6 6.44% $11,723
OCMBC, INC. 5 6.25% $8,042
NEWREZ LLC 5 6.67% $9,119
Neighborhood Loans, Inc. 5 6.75% $9,691
CROSSCOUNTRY MORTGAGE, LLC 4 7.01% $8,676
GUILD MORTGAGE COMPANY 4 6.68% $7,023
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.88% $9,145
Mr. Cooper ( Nationstar Mortgage ) 3 5.87% $7,481
NAVY FEDERAL CREDIT UNION 3 6.00% $3,116
POINT Mortgage 3 7.37% $9,621
S1L, Inc. 3 7.79% $6,991
AMERISAVE MORTGAGE CORPORATION 3 6.66% $9,748
MOVEMENT MORTGAGE, LLC 2 7.50% $4,719
A&D Mortgage LLC 2 8.06% $13,034
Flagstar Bank, FSB 2 7.31% $7,428
Bank of America 2 6.44% $2,050
Commerce Home Mortgage, Inc. 2 10.13% $15,565
NOVA FINANCIAL & INVESTMENT CORPORATION 2 6.81% $5,814
Mortgage Research Center, LLC 2 7.88% $6,710
U.S. Bank 2 7.00% $6,106
First-Citizens Bank & Trust Company 2 7.34% $4,328
Golden Empire Mortgage, Inc. 2 7.75% $9,413
NETWORK CAPITAL FUNDING CORPORATION 1 5.50% $3,915
Northwest Farm Credit Services, FLCA 1 7.25% $12,882
Performance Financial, Inc. 1 6.50% $10,035
PHH Mortgage Corporation 1 7.63% $7,254
PLAZA HOME MORTGAGE, INC. 1 7.63% $8,817
RESIDENTIAL WHOLESALE MORTGAGE, INC. 1 7.99% $7,209
SCHOOLSFIRST 1 6.38% $3,670
Stifel Bank and Trust 1 5.63% $4,399
THE GOLDEN 1 1 6.63% $4,488
The Loan Store, Inc. 1 6.50% $15,424
UNION HOME MORTGAGE CORP. 1 7.13% $7,040
JMAC LENDING, INC. 1 6.25% $8,996
Ally Bank 1 6.00% $10,421
AMCAP MORTGAGE, LTD. 1 6.13% $8,124
AMERICAN FINANCIAL NETWORK, INC. 1 8.13% $12,649
American Mortgage & Equity Consultants, Inc. 1 6.63% $5,467
AmeriHome Mortgage Company, LLC 1 7.63% $8,279
AXIA FINANCIAL, LLC 1 6.25% $5,222
BAY-VALLEY MORTGAGE GROUP 1 6.50% $6,812
BEST FINANCE CAPITAL, INC. 1 8.25% $8,734
BROKER SOLUTIONS, INC. 1 7.35% $7,153
Cache Valley Bank 1 6.00% $4,757
CALIBER HOME LOANS, INC. 1 6.13% $8,896
Carrington Mortgage Services, LLC 1 5.88% $6,082
Century Mortgage Company DBA Century Lending Company 1 6.50% $3,415
CMG MORTGAGE, INC. 1 6.75% $15,552
COMMUNITY MORTGAGE FUNDING, LLC 1 6.38% $4,403
Discover Bank 1 6.74% $0
Evolve Bank & Trust 1 6.25% $4,359
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $4,003
Franklin Loan Corporation 1 6.63% $6,886
GENEVA FINANCIAL, LLC 1 5.88% $8,768
GOOGAIN, INC. 1 6.63% $9,716
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.00% $19,912
HOMEXPRESS MORTGAGE CORP. 1 9.13% $14,972
INTELLILOAN, INC. 1 6.88% $8,532
Ixonia Bank 1 7.63% $12,468
21ST MORTGAGE CORPORATION 1 8.40% $6,431
Lakeview Community Capital, LLC 1 7.38% $11,108
LAKEVIEW LOAN SERVICING, LLC 1 7.63% $11,148
LENOX FINANCIAL MORTGAGE CORPORATION 1 9.25% $8,960
Mechanics Bank 1 7.13% $3,172
MORTGAGEONE, INC. 1 7.38% $5,437
NATIONS DIRECT MORTGAGE, LLC 1 8.88% $16,703

EL CENTRO Average Closing Costs & Other Stats

EL CENTRO, CA's 77 lenders originated 1,321 loans during 2023. The total origination value was $397,855,000, with an average loan value of $301,177.

EL CENTRO's average closing costs are $7,149.

The top EL CENTRO lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 69 loans originated. Their average total fees are $8,641, which is $434 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee EL CENTRO lenders (with over 10 loans originated) are Wells Fargo Bank ($4,260), JPMorgan Chase Bank ($7,638), Wallick & Volk, Inc. ($8,112), QUICKEN LOANS, LLC ($8,208) and UNITED WHOLESALE MORTGAGE, LLC ($8,641).

The lowest rate EL CENTRO lenders (with over 10 loans originated) are Wells Fargo Bank (6.29%), Wallick & Volk, Inc. (6.43%), CARDINAL FINANCIAL (6.47%), PRIMELENDING, A PLAINSCAPITAL COMPANY (6.52%) and UNITED WHOLESALE MORTGAGE, LLC (6.60%).

EL CENTRO, CA 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 $90,510,000 $66,330,000 -26.7% 16.7%
Citibank $26,540,000 $41,660,000 57.0% 10.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $28,650,000 $29,685,000 3.6% 7.5%
Wallick & Volk, Inc. $34,305,000 $24,910,000 -27.4% 6.3%
QUICKEN LOANS, LLC $38,510,000 $20,045,000 -47.9% 5.0%
Banner Bank $755,000 $16,695,000 2,111.3% 4.2%
Zions Bank $45,000 $14,880,000 32,966.7% 3.7%
CARDINAL FINANCIAL $29,430,000 $13,650,000 -53.6% 3.4%
Sierra Pacific Mortgage Company, Inc. $8,810,000 $10,445,000 18.6% 2.6%
PENNYMAC LOAN SERVICES, LLC $7,540,000 $9,410,000 24.8% 2.4%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $7,740,000 $7,250,000 -6.3% 1.8%
GUILD MORTGAGE COMPANY $10,785,000 $5,820,000 -46.0% 1.5%
Wells Fargo Bank $15,450,000 $5,120,000 -66.9% 1.3%
CROSSCOUNTRY MORTGAGE, LLC $10,130,000 $4,425,000 -56.3% 1.1%
LOANDEPOT.COM, LLC $11,275,000 $4,420,000 -60.8% 1.1%
Neighborhood Loans, Inc. $37,295,000 $4,310,000 -88.4% 1.1%
Paramount Residential Mortgage Group, Inc. $12,660,000 $4,280,000 -66.2% 1.1%
NAVY FEDERAL CREDIT UNION $5,205,000 $3,965,000 -23.8% 1.0%
NEWREZ LLC $3,480,000 $3,955,000 13.6% 1.0%
Equity Prime Mortgage LLC $3,490,000 $3,750,000 7.4% 0.9%
JPMorgan Chase Bank $6,020,000 $3,400,000 -43.5% 0.9%
AMWEST FUNDING CORP. $1,365,000 $3,365,000 146.5% 0.8%
OCMBC, INC. $1,715,000 $3,340,000 94.8% 0.8%
MOVEMENT MORTGAGE, LLC $3,010,000 $2,870,000 -4.7% 0.7%
HOMEBRIDGE FINANCIAL SERVICES, INC. $5,845,000 $2,825,000 -51.7% 0.7%
U.S. Bank $995,000 $2,555,000 156.8% 0.6%
Mortgage Research Center, LLC $6,515,000 $2,285,000 -64.9% 0.6%
Golden Empire Mortgage, Inc. $2,240,000 n/a 0.6%
Mr. Cooper ( Nationstar Mortgage ) $7,415,000 $2,120,000 -71.4% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,455,000 $2,100,000 -67.5% 0.5%
Bank of America $3,435,000 $2,020,000 -41.2% 0.5%
BECKAM FUNDING CORP. $805,000 $1,965,000 144.1% 0.5%
SUN WEST MORTGAGE COMPANY, INC. $895,000 $1,965,000 119.6% 0.5%
ORIX REAL ESTATE CAPITAL, LLC $1,915,000 n/a 0.5%
COREVEST AMERICAN FINANCE LENDER LLC $1,875,000 n/a 0.5%
UNION HOME MORTGAGE CORP. $285,000 $1,835,000 543.9% 0.5%
Century Mortgage Company DBA Century Lending Company $695,000 $1,760,000 153.2% 0.4%
POINT Mortgage $1,585,000 n/a 0.4%
FREEDOM MORTGAGE CORPORATION $7,730,000 $1,535,000 -80.1% 0.4%
BROKER SOLUTIONS, INC. $2,580,000 $1,480,000 -42.6% 0.4%
S1L, Inc. $3,645,000 $1,430,000 -60.8% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $1,350,000 n/a 0.3%
NOVA FINANCIAL & INVESTMENT CORPORATION $1,895,000 $1,340,000 -29.3% 0.3%
The Federal Savings Bank $1,510,000 $1,315,000 -12.9% 0.3%
21ST MORTGAGE CORPORATION $1,395,000 $1,305,000 -6.5% 0.3%
Commerce Home Mortgage, Inc. $415,000 $1,300,000 213.3% 0.3%
Carrington Mortgage Services, LLC $2,075,000 $1,250,000 -39.8% 0.3%
AMERISAVE MORTGAGE CORPORATION $4,545,000 $1,175,000 -74.1% 0.3%
LOANPAL, LLC $925,000 $1,075,000 16.2% 0.3%
Mechanics Bank $2,875,000 $1,030,000 -64.2% 0.3%
LENDINGHOME FUNDING CORPORATION $615,000 $990,000 61.0% 0.2%
A&D Mortgage LLC $805,000 $955,000 18.6% 0.2%
Coastal Community Bank $915,000 n/a 0.2%
USAA Federal Savings Bank $885,000 n/a 0.2%
THE GOLDEN 1 $875,000 n/a 0.2%
NATIONS DIRECT MORTGAGE, LLC $730,000 $870,000 19.2% 0.2%
HighTechLending Inc $835,000 n/a 0.2%
Discover Bank $1,290,000 $795,000 -38.4% 0.2%
Flagstar Bank, FSB $1,500,000 $785,000 -47.7% 0.2%
Northwest Farm Credit Services, FLCA $425,000 $735,000 72.9% 0.2%
VAL-CHRIS INVESTMENTS, INC. $695,000 n/a 0.2%
COMMUNITY MORTGAGE FUNDING, LLC $615,000 $645,000 4.9% 0.2%
AHL FUNDING $485,000 $620,000 27.8% 0.2%
SUMMIT FUNDING, INC. $660,000 $605,000 -8.3% 0.2%
American Mortgage & Equity Consultants, Inc. $595,000 n/a 0.1%
Lakeview Community Capital, LLC $1,140,000 $570,000 -50.0% 0.1%
The Loan Store, Inc. $155,000 $550,000 254.8% 0.1%
SCHOOLSFIRST $1,365,000 $530,000 -61.2% 0.1%
SPRING EQ, LLC $760,000 $530,000 -30.3% 0.1%
Truist $490,000 n/a 0.1%
Stifel Bank and Trust $305,000 $485,000 59.0% 0.1%
Figure Lending LLC $495,000 $455,000 -8.1% 0.1%
Tri Counties Bank $455,000 n/a 0.1%
BAY-VALLEY MORTGAGE GROUP $430,000 n/a 0.1%
First-Citizens Bank & Trust Company $420,000 n/a 0.1%
JMAC LENDING, INC. $365,000 $420,000 15.1% 0.1%
CLEARPATH LENDING $865,000 $405,000 -53.2% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $405,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $1,265,000 $405,000 -68.0% 0.1%
NBKC BANK $405,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $565,000 $400,000 -29.2% 0.1%
AmeriHome Mortgage Company, LLC $980,000 $395,000 -59.7% 0.1%
Loan Simple, Inc. $1,930,000 $395,000 -79.5% 0.1%
RANLIFE, INC. $245,000 $395,000 61.2% 0.1%
ACADEMY MORTGAGE CORPORATION $670,000 $390,000 -41.8% 0.1%
Cornerstone First Mortgage, Inc $3,830,000 $390,000 -89.8% 0.1%
Ally Bank $165,000 $365,000 121.2% 0.1%
AXIA FINANCIAL, LLC $365,000 n/a 0.1%
GOOGAIN, INC. $365,000 n/a 0.1%
United States Senate Federal Credit Union $75,000 $365,000 386.7% 0.1%
CALCON MUTUAL MORTGAGE LLC $510,000 $355,000 -30.4% 0.1%
HOME APPROVALS DIRECT, INC. $355,000 n/a 0.1%
KINECTA $275,000 $350,000 27.3% 0.1%
FAY SERVICING, LLC $975,000 $345,000 -64.6% 0.1%
Ixonia Bank $345,000 n/a 0.1%
MORTGAGEONE, INC. $345,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $380,000 $345,000 -9.2% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $165,000 $340,000 106.1% 0.1%
Performance Financial, Inc. $340,000 n/a 0.1%
INTELLILOAN, INC. $175,000 $335,000 91.4% 0.1%
Platinum Home Mortgage Corporation $245,000 $335,000 36.7% 0.1%
Ameris Bank $325,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $775,000 $325,000 -58.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $985,000 $325,000 -67.0% 0.1%
Evolve Bank & Trust $315,000 n/a 0.1%
BEST FINANCE CAPITAL, INC. $305,000 $305,000 0.0% 0.1%
TOP FLITE FINANCIAL, INC. $215,000 $305,000 41.9% 0.1%
VILLAGE CAPITAL MORTGAGE $925,000 $305,000 -67.0% 0.1%
ROYAL UNITED MORTGAGE LLC $65,000 $300,000 361.5% 0.1%
CALIBER HOME LOANS, INC. $8,950,000 $295,000 -96.7% 0.1%
CMG MORTGAGE, INC. $1,780,000 $295,000 -83.4% 0.1%
Citadel Servicing Corporation $1,475,000 $290,000 -80.3% 0.1%
OPEN MORTGAGE, LLC $290,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $255,000 $285,000 11.8% 0.1%
Franklin Loan Corporation $225,000 $285,000 26.7% 0.1%
RESIDENTIAL WHOLESALE MORTGAGE, INC. $955,000 $275,000 -71.2% 0.1%
PLAZA HOME MORTGAGE, INC. $500,000 $265,000 -47.0% 0.1%
Hometown Equity Mortgage, LLC $265,000 $260,000 -1.9% 0.1%
AMCAP MORTGAGE, LTD. $245,000 n/a 0.1%
PNC Bank $1,155,000 $245,000 -78.8% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,485,000 $235,000 -90.5% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $265,000 $235,000 -11.3% 0.1%
North American Savings Bank, F.S.B. $540,000 $225,000 -58.3% 0.1%
Waterstone Mortgage Corporation $225,000 n/a 0.1%
PHH Mortgage Corporation $135,000 $215,000 59.3% 0.1%
GENEVA FINANCIAL, LLC $245,000 $205,000 -16.3% 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $205,000 n/a 0.1%
Cache Valley Bank $195,000 n/a 0.0%
INTERCAP LENDING INC. $190,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $190,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $35,000 $185,000 428.6% 0.0%
VERITAS FUNDING, LLC $225,000 $185,000 -17.8% 0.0%
EMM LOANS LLC $155,000 n/a 0.0%
Prosperity Home Mortgage, LLC $155,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $210,000 $150,000 -28.6% 0.0%
California Coast Credit Union $6,775,000 $145,000 -97.9% 0.0%
Connexus Credit Union $145,000 n/a 0.0%
Greenbox Loans, Inc. $650,000 $145,000 -77.7% 0.0%
HOMESIDE FINANCIAL, LLC $175,000 $145,000 -17.1% 0.0%
Logan Finance Corporation $145,000 n/a 0.0%
GEORGIA'S OWN $135,000 n/a 0.0%
SAN DIEGO COUNTY CREDIT UNION $530,000 $130,000 -75.5% 0.0%
Financial Partners Credit Union $125,000 n/a 0.0%
ALLIANT CREDIT UNION $170,000 $115,000 -32.4% 0.0%
CALIFORNIA CREDIT UNION $105,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.0%
First National Bank of America $215,000 $105,000 -51.2% 0.0%
LADERA LENDING, INC. $105,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $45,000 $95,000 111.1% 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $780,000 $85,000 -89.1% 0.0%
MYPOINT Credit Union $75,000 n/a 0.0%
TOGETHER CREDIT UNION $75,000 n/a 0.0%
CERTIFIED $65,000 n/a 0.0%
Farmers Bank & Trust $65,000 n/a 0.0%
THRIVENT Federal Credit Union $65,000 n/a 0.0%
Bethpage Federal Credit Union $55,000 n/a 0.0%
BMO Harris Bank $55,000 n/a 0.0%
AMERICAN FIRST $45,000 n/a 0.0%
PLANET HOME LENDING, LLC $1,505,000 $45,000 -97.0% 0.0%
CORPORATE AMERICA FAMILY $25,000 n/a 0.0%

EL CENTRO's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 16.7% market share. In second place, with 10.5%, is Citibank, having originated $41,660,000 in loans. In third place, with 7.5%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $29,685,000 in loans. In fourth place, with 6.3%, is Wallick & Volk, Inc., having originated $24,910,000 in loans. In fifth place, with 5.0%, is QUICKEN LOANS, LLC, having originated $20,045,000 in loans.


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

Realtor.com - EL CENTRO (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 $238,700 (-4.3%) $249,643 (-0.2%) 0.00 237
2018-02-01 $239,950 (-2.5%) $248,504 (0.1%) 0.00 243
2018-03-01 $239,900 (1.5%) $244,073 (-1.7%) 0.00 242
2018-04-01 $244,950 (0.8%) $249,089 (-0.6%) 0.00 238
2018-05-01 $241,750 (-4.1%) $245,165 (-5.3%) 0.00 251
2018-06-01 $240,000 (-4.8%) $244,761 (-4.0%) 0.00 241
2018-07-01 $240,975 (-5.5%) $246,318 (-3.3%) 0.00 248
2018-08-01 $247,475 (-3.8%) $251,557 (-1.0%) 0.00 241
2018-09-01 $256,000 (0.4%) $252,601 (0.5%) 0.00 265
2018-10-01 $258,160 (2.9%) $251,016 (-0.8%) 0.00 262
2018-11-01 $249,000 (0.5%) $248,258 (-1.0%) 0.00 260
2018-12-01 $249,000 (3.8%) $247,185 (-1.7%) 0.00 242
2019-01-01 $248,000 (3.9%) $244,555 (-2.0%) 0.00 224
2019-02-01 $241,250 (0.5%) $241,688 (-2.7%) 0.00 232
2019-03-01 $241,500 (0.7%) $241,708 (-1.0%) 0.00 216
2019-04-01 $242,000 (-1.2%) $240,689 (-3.4%) 0.00 211
2019-05-01 $259,933 (7.5%) $255,069 (4.0%) 0.00 198
2019-06-01 $269,995 (12.5%) $274,995 (12.4%) 0.00 191
2019-07-01 $261,725 (8.6%) $272,610 (10.7%) 0.00 169
2019-08-01 $253,795 (2.6%) $270,441 (7.5%) 0.00 167
2019-09-01 $253,863 (-0.8%) $268,014 (6.1%) 0.00 165
2019-10-01 $253,908 (-1.7%) $266,395 (6.1%) 0.00 168
2019-11-01 $259,700 (4.3%) $278,483 (12.2%) 0.00 177
2019-12-01 $269,700 (8.3%) $284,497 (15.1%) 0.00 178
2020-01-01 $262,475 (5.8%) $271,866 (11.2%) 0.00 180
2020-02-01 $254,990 (5.7%) $270,577 (12.0%) 0.00 182
2020-03-01 $261,400 (8.2%) $274,362 (13.5%) 0.00 164
2020-04-01 $259,900 (7.4%) $273,257 (13.5%) 0.00 164
2020-05-01 $255,000 (-1.9%) $268,424 (5.2%) 0.00 141
2020-06-01 $249,950 (-7.4%) $265,199 (-3.6%) 0.00 132
2020-07-01 $250,000 (-4.5%) $266,961 (-2.1%) 0.00 115
2020-08-01 $249,900 (-1.5%) $261,151 (-3.4%) 0.00 112
2020-09-01 $239,925 (-5.5%) $254,723 (-5.0%) 0.00 112
2020-10-01 $239,900 (-5.5%) $288,578 (8.3%) 0.00 108
2020-11-01 $264,723 (1.9%) $304,545 (9.4%) 0.00 112
2020-12-01 $238,175 (-11.7%) $301,338 (5.9%) 0.00 106
2021-01-01 $239,900 (-8.6%) $314,771 (15.8%) 0.00 97
2021-02-01 $234,900 (-7.9%) $322,005 (19.0%) 0.00 70
2021-03-01 $237,200 (-9.3%) $336,158 (22.5%) 0.00 69
2021-04-01 $282,500 (8.7%) $351,280 (28.6%) 0.00 75
2021-05-01 $280,000 (9.8%) $334,692 (24.7%) 0.00 73
2021-06-01 $292,000 (16.8%) $345,539 (30.3%) 0.00 69
2021-07-01 $280,000 (12.0%) $336,701 (26.1%) 0.00 85
2021-08-01 $283,750 (13.6%) $327,634 (25.5%) 0.00 99
2021-09-01 $276,000 (15.0%) $324,671 (27.5%) 0.00 100
2021-10-01 $265,000 (10.5%) $320,808 (11.2%) 0.00 91
2021-11-01 $274,875 (3.8%) $325,575 (6.9%) 0.00 93
2021-12-01 $297,225 (24.8%) $338,165 (12.2%) 0.00 81
2022-01-01 $274,850 (14.6%) $300,571 (-4.5%) 0.00 61
2022-02-01 $289,000 (23.0%) $311,928 (-3.1%) 0.00 67
2022-03-01 $329,000 (38.7%) $336,029 (0.0%) 0.00 70
2022-04-01 $329,000 (16.5%) $335,972 (-4.4%) 0.00 79
2022-05-01 $329,000 (17.5%) $327,937 (-2.0%) 0.00 75
2022-06-01 $329,000 (12.7%) $334,826 (-3.1%) 0.00 90
2022-07-01 $359,900 (28.5%) $369,062 (9.6%) 0.00 112
2022-08-01 $359,900 (26.8%) $371,451 (13.4%) 0.00 144
2022-09-01 $359,900 (30.4%) $376,257 (15.9%) 0.00 151
2022-10-01 $350,000 (32.1%) $371,226 (15.7%) 0.00 174
2022-11-01 $342,975 (24.8%) $353,394 (8.5%) 0.00 192
2022-12-01 $334,975 (12.7%) $351,080 (3.8%) 0.00 183
2023-01-01 $344,225 (25.2%) $358,965 (19.4%) 0.00 160
2023-02-01 $349,000 (20.8%) $361,727 (16.0%) 0.00 127
2023-03-01 $345,975 (5.2%) $362,487 (7.9%) 0.00 117
2023-04-01 $354,950 (7.9%) $368,541 (9.7%) 0.00 105
2023-05-01 $359,900 (9.4%) $375,673 (14.6%) 0.00 104
2023-06-01 $359,925 (9.4%) $382,376 (14.2%) 0.00 98
2023-07-01 $359,900 (0.0%) $380,881 (3.2%) 0.00 98
2023-08-01 $359,970 (0.0%) $368,001 (-0.9%) 0.00 109
2023-09-01 $359,900 (0.0%) $368,636 (-2.0%) 0.00 108
2023-10-01 $358,675 (2.5%) $371,120 (0.0%) 0.00 121
2023-11-01 $348,000 (1.5%) $360,024 (1.9%) 0.00 124
2023-12-01 $357,450 (6.7%) $368,605 (5.0%) 0.00 112
2024-01-01 $353,750 (2.8%) $367,351 (2.3%) 0.00 103
2024-02-01 $359,900 (3.1%) $375,088 (3.7%) 0.00 115
2024-03-01 $359,900 (4.0%) $374,790 (3.4%) 0.00 99
2024-04-01 $359,900 (1.4%) $380,262 (3.2%) 0.00 104
EL CENTRO's median listing price for 2024-04-01 was $359,900, a difference of $4,950 (1.4%) versus the prior year and $0 versus the prior month.

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

EL CENTRO's average listing price for 2024-04-01 was $380,262, a difference of $11,721 (3.2%) versus the prior year and $5,472 versus the prior month.

For the 2024-04-01 period, EL CENTRO had 104 MLS listings, a difference of 5 listings (5%) versus the prior month and -1 listings (-1%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - EL CENTRO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,706 sqft
2018-02-01 0 days 1,685 sqft
2018-03-01 0 days 1,690 sqft
2018-04-01 0 days 1,712 sqft
2018-05-01 0 days 1,685 sqft
2018-06-01 0 days 1,630 sqft
2018-07-01 0 days 1,618 sqft
2018-08-01 0 days 1,730 sqft
2018-09-01 0 days 1,733 sqft
2018-10-01 0 days 1,703 sqft
2018-11-01 0 days 1,669 sqft
2018-12-01 0 days 1,630 sqft
2019-01-01 0 days 1,647 sqft
2019-02-01 0 days 1,608 sqft
2019-03-01 0 days 1,573 sqft
2019-04-01 0 days 1,597 sqft
2019-05-01 0 days 1,699 sqft
2019-06-01 0 days 1,771 sqft
2019-07-01 0 days 1,705 sqft
2019-08-01 0 days 1,623 sqft
2019-09-01 0 days 1,610 sqft
2019-10-01 0 days 1,600 sqft
2019-11-01 0 days 1,631 sqft
2019-12-01 0 days 1,673 sqft
2020-01-01 0 days 1,607 sqft
2020-02-01 0 days 1,617 sqft
2020-03-01 0 days 1,661 sqft
2020-04-01 0 days 1,615 sqft
2020-05-01 0 days 1,578 sqft
2020-06-01 0 days 1,560 sqft
2020-07-01 0 days 1,576 sqft
2020-08-01 0 days 1,560 sqft
2020-09-01 0 days 1,562 sqft
2020-10-01 0 days 1,560 sqft
2020-11-01 0 days 1,690 sqft
2020-12-01 0 days 1,560 sqft
2021-01-01 0 days 1,569 sqft
2021-02-01 0 days 1,560 sqft
2021-03-01 0 days 1,560 sqft
2021-04-01 0 days 1,693 sqft
2021-05-01 0 days 1,695 sqft
2021-06-01 0 days 1,695 sqft
2021-07-01 0 days 1,695 sqft
2021-08-01 0 days 1,677 sqft
2021-09-01 0 days 1,601 sqft
2021-10-01 0 days 1,600 sqft
2021-11-01 0 days 1,592 sqft
2021-12-01 0 days 1,656 sqft
2022-01-01 0 days 1,556 sqft
2022-02-01 0 days 1,560 sqft
2022-03-01 0 days 1,570 sqft
2022-04-01 0 days 1,596 sqft
2022-05-01 0 days 1,560 sqft
2022-06-01 0 days 1,602 sqft
2022-07-01 0 days 1,690 sqft
2022-08-01 0 days 1,693 sqft
2022-09-01 0 days 1,695 sqft
2022-10-01 0 days 1,671 sqft
2022-11-01 0 days 1,596 sqft
2022-12-01 0 days 1,624 sqft
2023-01-01 0 days 1,644 sqft
2023-02-01 0 days 1,669 sqft
2023-03-01 0 days 1,694 sqft
2023-04-01 0 days 1,695 sqft
2023-05-01 0 days 1,695 sqft
2023-06-01 0 days 1,695 sqft
2023-07-01 0 days 1,695 sqft
2023-08-01 0 days 1,695 sqft
2023-09-01 0 days 1,695 sqft
2023-10-01 0 days 1,630 sqft
2023-11-01 0 days 1,562 sqft
2023-12-01 0 days 1,560 sqft
2024-01-01 0 days 1,555 sqft
2024-02-01 0 days 1,560 sqft
2024-03-01 0 days 1,600 sqft
2024-04-01 0 days 1,607 sqft
EL CENTRO's median listing age (time on market) for 2024-04-01 was 0 days.

EL CENTRO's median square footage for active listings during the 2024-04-01 period was 1,607 sqft. One year prior, the average listing was 1,695 sqft.

EL CENTRO, CA 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.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
92004 El Centro, CA MSA $900 $1,000 $1,280 $1,780 $2,170
92222 El Centro, CA MSA $780 $910 $1,160 $1,610 $1,960
92225 El Centro, CA MSA $960 $1,090 $1,360 $1,860 $2,290
92227 El Centro, CA MSA $760 $880 $1,130 $1,570 $1,910
92231 El Centro, CA MSA $820 $960 $1,230 $1,710 $2,080
92232 El Centro, CA MSA $780 $910 $1,160 $1,610 $1,960
92233 El Centro, CA MSA $650 $740 $960 $1,340 $1,620
92243 El Centro, CA MSA $770 $900 $1,150 $1,600 $1,940
92244 El Centro, CA MSA $780 $910 $1,160 $1,610 $1,960
92249 El Centro, CA MSA $740 $870 $1,110 $1,540 $1,880
92250 El Centro, CA MSA $670 $780 $1,000 $1,390 $1,690
92251 El Centro, CA MSA $980 $1,140 $1,460 $2,030 $2,470
92257 El Centro, CA MSA $650 $740 $960 $1,340 $1,620
92259 El Centro, CA MSA $880 $1,030 $1,320 $1,830 $2,230
92266 El Centro, CA MSA $650 $740 $970 $1,350 $1,620
92273 El Centro, CA MSA $720 $850 $1,080 $1,500 $1,820
92274 El Centro, CA MSA $960 $1,090 $1,360 $1,860 $2,290
92275 El Centro, CA MSA $860 $1,000 $1,280 $1,780 $2,160
92281 El Centro, CA MSA $730 $850 $1,090 $1,520 $1,840
92283 El Centro, CA MSA $650 $740 $960 $1,340 $1,620

2022 Average & Median Rent Data Statistics
EL CENTRO, CA average 1BR rent: $907, median: $905
EL CENTRO, CA average 2BR rent: $1,159, median: $1,155
EL CENTRO, CA average 3BR rent: $1,609, median: $1,605

EL CENTRO, CA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 857 $314,215,000 $366,645
Cash Out Refi 258 $55,660,000 $215,736
Other 96 $8,420,000 $87,708
Home Improvement 62 $5,640,000 $90,968
Refi 48 $13,920,000 $290,000

El Centro's most frequently cited loan purpose was Home Purchase, with 857 originations. The 2nd most popular reason was Cash Out Refi, with 258 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 496 $175,090,000 $353,004
5-6% 276 $85,440,000 $309,565
7-8% 228 $102,380,000 $449,035
Over 8% 196 $23,230,000 $118,520
<2.5% 96 $4,010,000 $41,771
4-5% 23 $6,525,000 $283,696
3-4% 3 $735,000 $245,000
2.5-3% 2 $430,000 $215,000

During 2023, El Centro's most frequently originated rate bucket was 6-7%, with 496 originations.

Loan Sizing (EL CENTRO, CA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 686 $207,720,000 $302,799
$100,000 or less 269 $11,195,000 $41,617
$100k-200k 202 $30,250,000 $149,752
$400k-600k 149 $66,985,000 $449,564
$Over $1MM 8 $76,870,000 $9,608,750
$600k-1000k 7 $4,835,000 $690,714

EL CENTRO's loan sizing saw the bucket of loans from $200k-400k with 686 originations, totaling $207,720,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 645 $216,255,000 $335,279
60-80% 226 $61,250,000 $271,018
Under 20% 225 $16,945,000 $75,311
20-40% 103 $23,235,000 $225,583
40-60% 96 $68,590,000 $714,479
Over 100% 20 $10,300,000 $515,000

EL CENTRO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 645 originations, totaling $216,255,000 in origination value.