Elizabeth City Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Elizabeth City averaged 6.7% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.94% and one month ago for the week of 2024-05-02, the average rate was 7.23%.

Elizabeth City's average rate one year ago was 6.6%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.19%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Elizabeth City 30 Year Fixed Rate 2024-06-06 6.7%
Elizabeth City 30 Year Fixed Rate Refi 2024-06-06 7.19%
Elizabeth City 15 Year Fixed Rate 2024-06-06 6.49%
Elizabeth City 15 Year Fixed Rate Refi 2024-06-06 6.39%
Elizabeth City 30 Year FHA 2024-06-06 6.31%
Elizabeth City 30 Year FHA Refi 2024-06-06 6.49%
Elizabeth City 30 Year USDA 2024-06-06 6.6%
Elizabeth City 30 Year USDA Refi 2024-06-06 6.8%
Elizabeth City 30 Year VA 2024-06-06 5.98%
Elizabeth City 30 Year VA Refi 2024-06-06 6.49%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Elizabeth City, NC.

Elizabeth City 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 Elizabeth City, NC 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
STATE EMPLOYEES' 32 6.05% $3,912
QUICKEN LOANS, LLC 23 6.94% $7,059
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 12 6.92% $7,130
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 12 7.07% $5,749
Southern Bank and Trust Company 10 6.41% $3,911
SOUTHERN TRUST MORTGAGE, LLC 9 6.64% $6,000
MOVEMENT MORTGAGE, LLC 8 6.61% $7,206
NAVY FEDERAL CREDIT UNION 8 7.41% $3,676
HOMESPIRE MORTGAGE CORPORATION 8 7.03% $4,106
CBM Mortgage, Inc. 8 6.42% $6,783
NVR Mortgage Finance, Inc. 7 6.39% $10,772
Truist 6 6.70% $5,733
CORNERSTONE HOME LENDING, INC. 6 6.63% $8,528
UNITED WHOLESALE MORTGAGE, LLC 5 6.80% $9,442
CALIBER HOME LOANS, INC. 5 6.95% $6,514
LOCAL GOVERNMENT FEDERAL CREDIT UNION 4 5.46% $3,603
Advance Financial Group, LLC 4 6.69% $6,878
NEWREZ LLC 4 6.84% $6,638
George Mason Mortgage, LLC 4 6.69% $7,222
PENNYMAC LOAN SERVICES, LLC 4 7.16% $7,257
Wells Fargo Bank 4 6.84% $6,444
Towne Mortgage, LLC 3 6.71% $7,902
AgCarolina Farm Credit, FLCA 3 8.71% $6,148
First Bank 3 6.00% $3,355
CHURCHILL MORTGAGE CORPORATION 3 7.25% $6,985
CAPITAL CENTER, L.L.C. 3 6.79% $4,444
USAA Federal Savings Bank 3 6.83% $4,863
Towne Bank 3 6.96% $6,158
LOANDEPOT.COM, LLC 2 6.38% $4,973
ROYAL UNITED MORTGAGE LLC 2 7.06% $7,230
American Security Mortgage Corp. 2 6.56% $4,307
PNC Bank 2 6.25% $4,883
Tidewater Home Funding, LLC 2 6.56% $3,940
First-Citizens Bank & Trust Company 2 5.58% $5,816
CROSSCOUNTRY MORTGAGE, LLC 2 6.63% $4,838
U.S. Bank 2 5.63% $7,571
Flagstar Bank, FSB 2 6.29% $4,984
Atlantic Union Bank 2 6.43% $6,305
Atlantic Coast Mortgage, LLC 2 7.25% $12,000
Mr. Cooper ( Nationstar Mortgage ) 2 6.31% $8,783
JPMorgan Chase Bank 2 7.00% $3,312
Citizens Bank 2 6.38% $4,993
Wyndham Capital Mortgage, Inc. 1 6.00% $3,706
ADVANCIAL 1 6.75% $3,600
Alcova Mortgage LLC 1 5.99% $5,662
Alerus Financial 1 6.25% $3,479
Ameris Bank 1 6.50% $9,820
Bank of America 1 7.75% $3,735
BETTER MORTGAGE CORPORATION 1 6.88% $3,901
Blue Ridge Bank 1 7.25% $5,562
CARDINAL FINANCIAL 1 7.88% $3,746
C & F Mortgage Corporation 1 7.75% $11,658
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.88% $3,678
DAS Acquisition Company, LLC 1 7.13% $5,148
Dollar Bank, Federal Savings Bank 1 7.63% $4,712
EMM LOANS LLC 1 7.50% $2,838
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $5,146
Fifth Third Bank 1 6.75% $6,901
FREEDOM MORTGAGE CORPORATION 1 7.50% $16,039
GUILD MORTGAGE COMPANY 1 5.75% $6,063
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.00% $4,072
INTERCOASTAL MORTGAGE COMPANY 1 6.83% $9,281
KeyBank 1 6.25% $5,860
Mortgage Research Center, LLC 1 7.25% $430
Neighborhood Loans, Inc. 1 6.25% $7,290
North American Savings Bank, F.S.B. 1 6.88% $3,214
Presidential Bank, FSB 1 7.50% $6,683
Prosperity Home Mortgage, LLC 1 8.13% $5,329
RESOURCE FINANCIAL SERVICES, INC. 1 7.63% $4,207
THRIVE MORTGAGE, LLC 1 6.75% $6,624
TIDEWATER MORTGAGE SERVICES, INC. 1 7.13% $8,264
United Bank 1 6.88% $3,728
United Community Bank 1 7.88% $4,601
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.25% $5,625

Elizabeth City Average Closing Costs & Other Stats

Elizabeth City, NC's 74 lenders originated 1,181 loans during 2023. The total origination value was $247,935,000, with an average loan value of $209,936.

Elizabeth City's average closing costs are $5,627.

The top Elizabeth City lender as defined by loan originations is STATE EMPLOYEES', with 32 loans originated. Their average total fees are $3,912, which is $3,147 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Elizabeth City lenders (with over 10 loans originated) are Southern Bank and Trust Company ($3,911), STATE EMPLOYEES' ($3,912), AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC ($5,749), QUICKEN LOANS, LLC ($7,059) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,130).

The lowest rate Elizabeth City lenders (with over 10 loans originated) are STATE EMPLOYEES' (6.05%), Southern Bank and Trust Company (6.41%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.92%), QUICKEN LOANS, LLC (6.94%) and AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC (7.07%).

Elizabeth City, NC 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
NVR Mortgage Finance, Inc. $13,890,000 $20,585,000 48.2% 8.3%
Southern Bank and Trust Company $21,315,000 $15,400,000 -27.8% 6.2%
Mortgage Research Center, LLC $17,985,000 $13,690,000 -23.9% 5.5%
QUICKEN LOANS, LLC $23,130,000 $13,125,000 -43.3% 5.3%
STATE EMPLOYEES' $23,450,000 $13,025,000 -44.5% 5.3%
NAVY FEDERAL CREDIT UNION $19,270,000 $10,695,000 -44.5% 4.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $17,890,000 $10,060,000 -43.8% 4.1%
UNITED WHOLESALE MORTGAGE, LLC $5,000,000 $9,245,000 84.9% 3.7%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $2,035,000 $7,445,000 265.8% 3.0%
Truist $6,735,000 $7,255,000 7.7% 2.9%
CORNERSTONE HOME LENDING, INC. $7,680,000 $6,875,000 -10.5% 2.8%
MOVEMENT MORTGAGE, LLC $3,825,000 $6,475,000 69.3% 2.6%
SOUTHERN TRUST MORTGAGE, LLC $7,135,000 $4,540,000 -36.4% 1.8%
CBM Mortgage, Inc. $7,380,000 $4,340,000 -41.2% 1.8%
George Mason Mortgage, LLC $4,010,000 $3,805,000 -5.1% 1.5%
Towne Bank $7,665,000 $3,600,000 -53.0% 1.5%
Atlantic Coast Mortgage, LLC $1,980,000 $3,140,000 58.6% 1.3%
LOANDEPOT.COM, LLC $3,770,000 $2,670,000 -29.2% 1.1%
CARDINAL FINANCIAL $2,255,000 $2,540,000 12.6% 1.0%
FREEDOM MORTGAGE CORPORATION $5,405,000 $2,515,000 -53.5% 1.0%
Atlantic Union Bank $2,430,000 $2,490,000 2.5% 1.0%
NEWREZ LLC $705,000 $2,470,000 250.4% 1.0%
PNC Bank $2,675,000 $2,435,000 -9.0% 1.0%
GUARANTEED RATE, INC. $2,305,000 $2,390,000 3.7% 1.0%
HOMESPIRE MORTGAGE CORPORATION $1,135,000 $2,265,000 99.6% 0.9%
NEW DAY FINANCIAL, LLC $2,275,000 $2,260,000 -0.7% 0.9%
PENNYMAC LOAN SERVICES, LLC $4,315,000 $2,260,000 -47.6% 0.9%
BROKER SOLUTIONS, INC. $1,340,000 $2,235,000 66.8% 0.9%
Towne Mortgage, LLC $1,245,000 $2,220,000 78.3% 0.9%
Advance Financial Group, LLC $5,405,000 $2,200,000 -59.3% 0.9%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,020,000 $2,185,000 8.2% 0.9%
Wells Fargo Bank $6,715,000 $1,885,000 -71.9% 0.8%
First-Citizens Bank & Trust Company $1,930,000 $1,800,000 -6.7% 0.7%
USAA Federal Savings Bank $2,700,000 $1,765,000 -34.6% 0.7%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $4,345,000 $1,740,000 -60.0% 0.7%
1ST SIGNATURE LENDING, LLC $1,670,000 n/a 0.7%
Tidewater Home Funding, LLC $2,390,000 $1,565,000 -34.5% 0.6%
First National Bank of Pennsylvania $1,685,000 $1,560,000 -7.4% 0.6%
PENTAGON FEDERAL CREDIT UNION $425,000 $1,435,000 237.6% 0.6%
JPMorgan Chase Bank $970,000 $1,405,000 44.8% 0.6%
Presidential Bank, FSB $1,395,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $2,025,000 $1,335,000 -34.1% 0.5%
INTERCOASTAL MORTGAGE COMPANY $175,000 $1,285,000 634.3% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $2,615,000 $1,225,000 -53.2% 0.5%
First Bank $5,195,000 $1,190,000 -77.1% 0.5%
Carrington Mortgage Services, LLC $1,745,000 $1,175,000 -32.7% 0.5%
U.S. Bank $255,000 $1,175,000 360.8% 0.5%
AMERICAN FINANCIAL RESOURCES, INC. $1,695,000 $1,115,000 -34.2% 0.4%
CALIBER HOME LOANS, INC. $9,335,000 $1,115,000 -88.1% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $1,925,000 $1,065,000 -44.7% 0.4%
VILLAGE CAPITAL MORTGAGE $95,000 $1,050,000 1,005.3% 0.4%
CHURCHILL MORTGAGE CORPORATION $1,010,000 n/a 0.4%
TIDEWATER MORTGAGE SERVICES, INC. $1,475,000 $945,000 -35.9% 0.4%
Flagstar Bank, FSB $330,000 $870,000 163.6% 0.4%
C & F Mortgage Corporation $2,525,000 $835,000 -66.9% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $310,000 $825,000 166.1% 0.3%
HOMESIDE FINANCIAL, LLC $2,070,000 $795,000 -61.6% 0.3%
The Federal Savings Bank $175,000 $720,000 311.4% 0.3%
The Old Point National Bank of Phoebus $345,000 $690,000 100.0% 0.3%
AgCarolina Farm Credit, FLCA $270,000 $665,000 146.3% 0.3%
United Bank $660,000 n/a 0.3%
Bank of America $1,290,000 $655,000 -49.2% 0.3%
Blue Ridge Bank $1,210,000 $650,000 -46.3% 0.3%
CMG MORTGAGE, INC. $305,000 $650,000 113.1% 0.3%
21ST MORTGAGE CORPORATION $175,000 $620,000 254.3% 0.3%
Keystone Funding, Inc. $620,000 n/a 0.3%
Citizens Bank $370,000 $605,000 63.5% 0.2%
Ameris Bank $195,000 $575,000 194.9% 0.2%
LANGLEY $320,000 $550,000 71.9% 0.2%
STAUNTON FINANCIAL, INC. $525,000 n/a 0.2%
ABNB Federal Credit Union $2,150,000 $495,000 -77.0% 0.2%
American Mortgage & Equity Consultants, Inc. $495,000 n/a 0.2%
HOMEOWNERS FINANCIAL GROUP USA, LLC $205,000 $485,000 136.6% 0.2%
Discover Bank $190,000 $475,000 150.0% 0.2%
American Security Mortgage Corp. $460,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $225,000 $460,000 104.4% 0.2%
CAPITAL CENTER, L.L.C. $2,260,000 $455,000 -79.9% 0.2%
ISERVE RESIDENTIAL LENDING, LLC $295,000 $415,000 40.7% 0.2%
First Carolina Bank $405,000 n/a 0.2%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $405,000 n/a 0.2%
TRIAD FINANCIAL SERVICES, INC. $395,000 n/a 0.2%
Alcova Mortgage LLC $1,450,000 $370,000 -74.5% 0.1%
TOP FLITE FINANCIAL, INC. $370,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $355,000 n/a 0.1%
KeyBank $865,000 $355,000 -59.0% 0.1%
LENDINGONE, LLC $350,000 n/a 0.1%
PREMIA MORTGAGE, LLC $325,000 n/a 0.1%
Wyndham Capital Mortgage, Inc. $205,000 $315,000 53.7% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $310,000 n/a 0.1%
INTERLINC MORTGAGE SERVICES, LLC $295,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $405,000 $295,000 -27.2% 0.1%
AMERICAN FINANCING CORPORATION $320,000 $275,000 -14.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $165,000 $270,000 63.6% 0.1%
ROYAL UNITED MORTGAGE LLC $85,000 $270,000 217.6% 0.1%
GoPrime Mortgage, Inc. $520,000 $265,000 -49.0% 0.1%
Mid-Continent Funding, Inc. $265,000 $265,000 0.0% 0.1%
THRIVE MORTGAGE, LLC $265,000 n/a 0.1%
1ST ADVANTAGE FEDERAL CREDIT UNION $55,000 $260,000 372.7% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $560,000 $255,000 -54.5% 0.1%
N R L Federal Credit Union $255,000 n/a 0.1%
CLEARPATH LENDING $295,000 $245,000 -16.9% 0.1%
Dollar Bank, Federal Savings Bank $315,000 $235,000 -25.4% 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $295,000 $235,000 -20.3% 0.1%
LENDINGHOME FUNDING CORPORATION $170,000 $220,000 29.4% 0.1%
BETTER MORTGAGE CORPORATION $215,000 $215,000 0.0% 0.1%
Figure Lending LLC $210,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $200,000 n/a 0.1%
MORTGAGE INVESTORS GROUP, INC. $195,000 n/a 0.1%
M&T Bank $225,000 $195,000 -13.3% 0.1%
Nations Lending Corporation $595,000 $195,000 -67.2% 0.1%
North American Savings Bank, F.S.B. $185,000 n/a 0.1%
PIKE CREEK MORTGAGE SERVICES, INC. $185,000 n/a 0.1%
PLANET HOME LENDING, LLC $885,000 $185,000 -79.1% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $795,000 $180,000 -77.4% 0.1%
LOANPAL, LLC $175,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $2,610,000 $175,000 -93.3% 0.1%
AMWEST FUNDING CORP. $165,000 n/a 0.1%
ANGEL OAK MORTGAGE SOLUTIONS LLC $165,000 n/a 0.1%
MCLEAN MORTGAGE CORPORATION $455,000 $165,000 -63.7% 0.1%
Neighborhood Loans, Inc. $165,000 n/a 0.1%
RESOURCE FINANCIAL SERVICES, INC. $165,000 n/a 0.1%
Alerus Financial $145,000 n/a 0.1%
EMM LOANS LLC $175,000 $145,000 -17.1% 0.1%
Gateway First Bank $145,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $105,000 $145,000 38.1% 0.1%
Prosperity Home Mortgage, LLC $1,340,000 $145,000 -89.2% 0.1%
TOTAL MORTGAGE SERVICES, LLC $145,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $185,000 $135,000 -27.0% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $125,000 n/a 0.1%
COASTAL Federal Credit Union $65,000 $125,000 92.3% 0.1%
Fifth Third Bank $125,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $115,000 n/a 0.0%
GUILD MORTGAGE COMPANY $745,000 $115,000 -84.6% 0.0%
LAKEVIEW LOAN SERVICING, LLC $1,525,000 $115,000 -92.5% 0.0%
CHARTWAY FEDERAL CREDIT UNION $710,000 $105,000 -85.2% 0.0%
CNB Bank $105,000 n/a 0.0%
United Community Bank $360,000 $105,000 -70.8% 0.0%
York Traditions Bank $105,000 n/a 0.0%
A&D Mortgage LLC $375,000 $85,000 -77.3% 0.0%
ADVANCIAL $85,000 n/a 0.0%
Fulton Bank $75,000 $85,000 13.3% 0.0%
PLAZA HOME MORTGAGE, INC. $105,000 $85,000 -19.0% 0.0%
DAS Acquisition Company, LLC $75,000 n/a 0.0%
TOWER $75,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $260,000 $45,000 -82.7% 0.0%
Northwest Federal Credit Union $35,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $235,000 $25,000 -89.4% 0.0%
Deere Employees Credit Union $185,000 $25,000 -86.5% 0.0%

Elizabeth City's top lender by overall market share is NVR Mortgage Finance, Inc., with 8.3% market share. In second place, with 6.2%, is Southern Bank and Trust Company, having originated $15,400,000 in loans. In third place, with 5.5%, is Mortgage Research Center, LLC, having originated $13,690,000 in loans. In fourth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $13,125,000 in loans. In fifth place, with 5.3%, is STATE EMPLOYEES', having originated $13,025,000 in loans.


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

Realtor.com - Elizabeth City (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 $204,500 (4.1%) $228,508 (-3.3%) 0.00 344
2018-02-01 $212,600 (4.3%) $234,845 (0.0%) 0.00 373
2018-03-01 $219,000 (5.2%) $240,952 (1.6%) 0.00 371
2018-04-01 $219,900 (5.0%) $243,140 (3.2%) 0.00 361
2018-05-01 $224,450 (3.0%) $249,190 (3.1%) 0.00 363
2018-06-01 $217,000 (1.0%) $250,036 (4.8%) 0.00 373
2018-07-01 $218,000 (1.4%) $249,804 (5.4%) 0.00 399
2018-08-01 $215,000 (-1.2%) $247,677 (1.4%) 0.00 401
2018-09-01 $209,900 (-5.8%) $238,752 (-5.2%) 0.00 399
2018-10-01 $213,350 (-5.0%) $239,677 (-5.4%) 0.00 389
2018-11-01 $200,813 (-7.3%) $238,030 (-2.4%) 0.00 364
2018-12-01 $199,900 (-4.8%) $232,536 (-0.6%) 0.00 342
2019-01-01 $199,900 (-2.3%) $234,149 (2.5%) 0.00 326
2019-02-01 $213,250 (0.3%) $243,175 (3.6%) 0.00 331
2019-03-01 $220,714 (0.8%) $250,929 (4.1%) 0.00 347
2019-04-01 $229,000 (4.1%) $258,348 (6.3%) 0.00 364
2019-05-01 $229,000 (2.0%) $261,279 (4.9%) 0.00 375
2019-06-01 $229,700 (5.9%) $264,981 (6.0%) 0.00 356
2019-07-01 $232,750 (6.8%) $271,348 (8.6%) 0.00 352
2019-08-01 $236,350 (9.9%) $272,557 (10.1%) 0.00 351
2019-09-01 $238,375 (13.6%) $271,690 (13.8%) 0.00 347
2019-10-01 $242,450 (13.6%) $271,428 (13.3%) 0.00 344
2019-11-01 $235,000 (17.0%) $260,868 (9.6%) 0.00 321
2019-12-01 $231,875 (16.0%) $258,512 (11.2%) 0.00 298
2020-01-01 $230,950 (15.5%) $255,150 (9.0%) 0.00 269
2020-02-01 $242,850 (13.9%) $259,997 (6.9%) 0.00 270
2020-03-01 $240,743 (9.1%) $260,559 (3.8%) 0.00 266
2020-04-01 $239,900 (4.8%) $260,013 (0.6%) 0.00 273
2020-05-01 $245,900 (7.4%) $269,763 (3.3%) 0.00 251
2020-06-01 $244,475 (6.4%) $279,897 (5.6%) 0.00 223
2020-07-01 $250,850 (7.8%) $282,208 (4.0%) 0.00 203
2020-08-01 $265,000 (12.1%) $295,306 (8.4%) 0.00 176
2020-09-01 $267,000 (12.0%) $296,388 (9.1%) 0.00 147
2020-10-01 $257,000 (6.0%) $299,125 (10.2%) 0.00 133
2020-11-01 $266,225 (13.3%) $301,479 (15.6%) 0.00 114
2020-12-01 $251,950 (8.7%) $276,283 (6.9%) 0.00 114
2021-01-01 $257,000 (11.3%) $289,146 (13.3%) 0.00 102
2021-02-01 $251,075 (3.4%) $294,556 (13.3%) 0.00 98
2021-03-01 $259,000 (7.6%) $303,667 (16.5%) 0.00 88
2021-04-01 $274,500 (14.4%) $314,181 (20.8%) 0.00 80
2021-05-01 $249,900 (1.6%) $314,257 (16.5%) 0.00 84
2021-06-01 $251,975 (3.1%) $314,632 (12.4%) 0.00 94
2021-07-01 $257,000 (2.5%) $320,836 (13.7%) 0.00 112
2021-08-01 $250,950 (-5.3%) $334,436 (13.3%) 0.00 119
2021-09-01 $274,975 (3.0%) $344,834 (16.4%) 0.00 124
2021-10-01 $295,000 (14.8%) $344,868 (15.3%) 0.00 115
2021-11-01 $304,875 (14.5%) $349,823 (16.0%) 0.00 108
2021-12-01 $286,175 (13.6%) $325,862 (17.9%) 0.00 98
2022-01-01 $294,990 (14.8%) $328,048 (13.5%) 0.00 105
2022-02-01 $299,225 (19.2%) $348,101 (18.2%) 0.00 104
2022-03-01 $300,968 (16.2%) $325,686 (7.3%) 0.00 108
2022-04-01 $319,400 (16.4%) $317,823 (1.2%) 0.00 111
2022-05-01 $313,750 (25.6%) $328,798 (4.6%) 0.00 109
2022-06-01 $337,373 (33.9%) $351,977 (11.9%) 0.00 124
2022-07-01 $326,000 (26.9%) $354,637 (10.5%) 0.00 162
2022-08-01 $163,225 (-35.0%) $233,534 (-30.2%) 0.00 317
2022-09-01 $257,250 (-6.5%) $272,486 (-21.0%) 0.00 240
2022-10-01 $334,495 (13.4%) $338,046 (-2.0%) 0.00 153
2022-11-01 $328,950 (7.9%) $335,418 (-4.1%) 0.00 151
2022-12-01 $349,000 (22.0%) $338,194 (3.8%) 0.00 123
2023-01-01 $349,968 (18.6%) $340,914 (3.9%) 0.00 106
2023-02-01 $343,720 (14.9%) $339,481 (-2.5%) 0.00 101
2023-03-01 $329,990 (9.6%) $327,935 (0.7%) 0.00 105
2023-04-01 $351,900 (10.2%) $353,077 (11.1%) 0.00 112
2023-05-01 $362,445 (15.5%) $366,397 (11.4%) 0.00 140
2023-06-01 $359,945 (6.7%) $374,788 (6.5%) 0.00 155
2023-07-01 $359,900 (10.4%) $396,502 (11.8%) 0.00 151
2023-08-01 $348,425 (113.5%) $393,114 (68.3%) 0.00 162
2023-09-01 $349,000 (35.7%) $409,976 (50.5%) 0.00 171
2023-10-01 $355,245 (6.2%) $402,088 (18.9%) 0.00 174
2023-11-01 $354,874 (7.9%) $384,719 (14.7%) 0.00 175
2023-12-01 $362,745 (3.9%) $380,623 (12.6%) 0.00 166
2024-01-01 $350,473 (0.1%) $366,193 (7.4%) 0.00 154
2024-02-01 $342,243 (-0.4%) $362,561 (6.8%) 0.00 161
2024-03-01 $355,000 (7.6%) $364,287 (11.1%) 0.00 170
2024-04-01 $361,495 (2.7%) $374,833 (6.2%) 0.00 159
2024-05-01 $387,750 (7.0%) $392,128 (7.0%) 0.00 177
Elizabeth City's median listing price for 2024-05-01 was $387,750, a difference of $25,305 (7.0%) versus the prior year and $26,255 versus the prior month.

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

Elizabeth City's average listing price for 2024-05-01 was $392,128, a difference of $25,731 (7.0%) versus the prior year and $17,295 versus the prior month.

For the 2024-05-01 period, Elizabeth City had 177 MLS listings, a difference of 18 listings (11%) versus the prior month and 37 listings (26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Elizabeth City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,153 sqft
2018-02-01 0 days 2,148 sqft
2018-03-01 0 days 2,192 sqft
2018-04-01 0 days 2,177 sqft
2018-05-01 0 days 2,221 sqft
2018-06-01 0 days 2,184 sqft
2018-07-01 0 days 2,192 sqft
2018-08-01 0 days 2,217 sqft
2018-09-01 0 days 2,195 sqft
2018-10-01 0 days 2,206 sqft
2018-11-01 0 days 2,167 sqft
2018-12-01 0 days 2,150 sqft
2019-01-01 0 days 2,150 sqft
2019-02-01 0 days 2,166 sqft
2019-03-01 0 days 2,157 sqft
2019-04-01 0 days 2,125 sqft
2019-05-01 0 days 2,082 sqft
2019-06-01 0 days 2,109 sqft
2019-07-01 0 days 2,154 sqft
2019-08-01 0 days 2,145 sqft
2019-09-01 0 days 2,123 sqft
2019-10-01 0 days 2,115 sqft
2019-11-01 0 days 2,120 sqft
2019-12-01 0 days 2,165 sqft
2020-01-01 0 days 2,150 sqft
2020-02-01 0 days 2,150 sqft
2020-03-01 0 days 2,153 sqft
2020-04-01 0 days 2,150 sqft
2020-05-01 0 days 2,224 sqft
2020-06-01 0 days 2,356 sqft
2020-07-01 0 days 2,288 sqft
2020-08-01 0 days 2,288 sqft
2020-09-01 0 days 2,295 sqft
2020-10-01 0 days 2,190 sqft
2020-11-01 0 days 2,173 sqft
2020-12-01 0 days 2,150 sqft
2021-01-01 0 days 2,345 sqft
2021-02-01 0 days 2,415 sqft
2021-03-01 0 days 2,316 sqft
2021-04-01 0 days 2,324 sqft
2021-05-01 0 days 1,954 sqft
2021-06-01 0 days 1,904 sqft
2021-07-01 0 days 1,800 sqft
2021-08-01 0 days 2,065 sqft
2021-09-01 0 days 2,172 sqft
2021-10-01 0 days 2,196 sqft
2021-11-01 0 days 2,139 sqft
2021-12-01 0 days 2,186 sqft
2022-01-01 0 days 2,092 sqft
2022-02-01 0 days 2,071 sqft
2022-03-01 0 days 2,074 sqft
2022-04-01 0 days 2,121 sqft
2022-05-01 0 days 2,086 sqft
2022-06-01 0 days 2,121 sqft
2022-07-01 0 days 2,132 sqft
2022-08-01 0 days 2,142 sqft
2022-09-01 0 days 2,113 sqft
2022-10-01 0 days 2,028 sqft
2022-11-01 0 days 1,943 sqft
2022-12-01 0 days 2,003 sqft
2023-01-01 0 days 2,048 sqft
2023-02-01 0 days 2,003 sqft
2023-03-01 0 days 1,944 sqft
2023-04-01 0 days 2,000 sqft
2023-05-01 0 days 2,115 sqft
2023-06-01 0 days 2,132 sqft
2023-07-01 0 days 2,150 sqft
2023-08-01 0 days 2,022 sqft
2023-09-01 0 days 2,070 sqft
2023-10-01 0 days 2,046 sqft
2023-11-01 0 days 2,060 sqft
2023-12-01 0 days 2,097 sqft
2024-01-01 0 days 2,065 sqft
2024-02-01 0 days 2,000 sqft
2024-03-01 0 days 2,033 sqft
2024-04-01 0 days 2,022 sqft
2024-05-01 0 days 2,187 sqft
Elizabeth City's median listing age (time on market) for 2024-05-01 was 0 days.

Elizabeth City's median square footage for active listings during the 2024-05-01 period was 2,187 sqft. One year prior, the average listing was 2,115 sqft.

Elizabeth City, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 719 $191,545,000 $266,405
Other 130 $11,680,000 $89,846
Home Improvement 125 $9,605,000 $76,840
Cash Out Refi 115 $21,955,000 $190,913
Refi 92 $13,150,000 $142,935

Elizabeth City's most frequently cited loan purpose was Home Purchase, with 719 originations. The 2nd most popular reason was Other, with 130 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 389 $98,745,000 $253,843
7-8% 287 $52,575,000 $183,188
5-6% 252 $68,930,000 $273,532
Over 8% 176 $18,220,000 $103,523
4-5% 56 $7,300,000 $130,357
<2.5% 12 $480,000 $40,000
3-4% 4 $390,000 $97,500
2.5-3% 1 $185,000 $185,000

During 2023, Elizabeth City's most frequently originated rate bucket was 6-7%, with 389 originations.

Loan Sizing (Elizabeth City, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 478 $137,240,000 $287,113
$100k-200k 320 $48,050,000 $150,156
$100,000 or less 287 $15,995,000 $55,732
$400k-600k 86 $39,400,000 $458,140
$600k-1000k 9 $6,205,000 $689,444
$Over $1MM 1 $1,045,000 $1,045,000

Elizabeth City's loan sizing saw the bucket of loans from $200k-400k with 478 originations, totaling $137,240,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 545 $148,605,000 $272,670
60-80% 156 $36,550,000 $234,295
Under 20% 152 $6,770,000 $44,539
20-40% 145 $13,395,000 $92,379
40-60% 97 $15,565,000 $160,464
Over 100% 77 $24,375,000 $316,558

Elizabeth City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 545 originations, totaling $148,605,000 in origination value.