Elizabeth City Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Elizabeth City averaged
6.84%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.93% and
one month ago for the week of 2023-08-17, the
average rate was 6.74%.
Elizabeth City's average rate one year ago was 5.47%.
For refis of the same type during the week of 2023-09-21, the average rate
was 6.85%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Elizabeth City 30 Year Fixed Rate | 2023-09-21 | 6.84% |
| Elizabeth City 30 Year Fixed Rate Refi | 2023-09-21 | 6.85% |
| Elizabeth City 15 Year Fixed Rate | 2023-09-21 | 6.54% |
| Elizabeth City 15 Year Fixed Rate Refi | 2023-09-21 | 7.14% |
| Elizabeth City 30 Year FHA | 2023-09-21 | 6.53% |
| Elizabeth City 30 Year FHA Refi | 2023-09-21 | 7.04% |
| Elizabeth City 30 Year USDA | 2023-09-21 | 7.02% |
| Elizabeth City 30 Year USDA Refi | 2023-09-21 | 6.92% |
| Elizabeth City 30 Year VA | 2023-09-21 | 6.45% |
| Elizabeth City 30 Year VA Refi | 2023-09-21 | 6.62% |
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.).
Elizabeth City Average Closing Costs & Other Stats
Elizabeth City, NC's 93 lenders originated 1,626
loans during 2022. The total origination value was $370,340,000, with an average loan value of
$227,761.
Elizabeth City's average closing costs are $5,303.
The top Elizabeth City lender as defined by loan originations is STATE EMPLOYEES', with
74 loans originated. Their average total fees are
$3,626, which is $2,836
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Elizabeth City lenders (with over 10 loans originated) are
LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,464), STATE EMPLOYEES' ($3,626), Wells Fargo Bank ($3,917), CALIBER HOME LOANS, INC. ($4,329) and Truist ($4,523).
The lowest rate Elizabeth City lenders (with over 10 loans originated) are
STATE EMPLOYEES' (3.88%), LOCAL GOVERNMENT FEDERAL CREDIT UNION (4.32%), Southern Bank and Trust Company (4.46%), Truist (4.56%) and NVR Mortgage Finance, Inc. (4.75%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Congressional Bank | $27,805,000 | n/a | 7.5% | |
| STATE EMPLOYEES' | $31,285,000 | $23,450,000 | -25.0% | 6.3% |
| QUICKEN LOANS, LLC | $44,240,000 | $23,130,000 | -47.7% | 6.2% |
| Southern Bank and Trust Company | $24,580,000 | $21,315,000 | -13.3% | 5.8% |
| NAVY FEDERAL CREDIT UNION | $22,615,000 | $19,270,000 | -14.8% | 5.2% |
| Mortgage Research Center, LLC | $24,640,000 | $17,985,000 | -27.0% | 4.9% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $13,870,000 | $17,890,000 | 29.0% | 4.8% |
| NVR Mortgage Finance, Inc. | $13,890,000 | n/a | 3.8% | |
| CALIBER HOME LOANS, INC. | $12,790,000 | $9,335,000 | -27.0% | 2.5% |
| CORNERSTONE HOME LENDING, INC. | $12,760,000 | $7,680,000 | -39.8% | 2.1% |
| Towne Bank | $8,810,000 | $7,665,000 | -13.0% | 2.1% |
| CBM Mortgage, Inc. | $2,165,000 | $7,380,000 | 240.9% | 2.0% |
| SOUTHERN TRUST MORTGAGE, LLC | $7,105,000 | $7,135,000 | 0.4% | 1.9% |
| Truist | $9,300,000 | $6,735,000 | -27.6% | 1.8% |
| Wells Fargo Bank | $14,620,000 | $6,715,000 | -54.1% | 1.8% |
| Advance Financial Group, LLC | $5,790,000 | $5,405,000 | -6.6% | 1.5% |
| FREEDOM MORTGAGE CORPORATION | $21,190,000 | $5,405,000 | -74.5% | 1.5% |
| First Bank | $1,300,000 | $5,195,000 | 299.6% | 1.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,950,000 | $5,000,000 | 1.0% | 1.4% |
| OVM FINANCIAL, INC. | $10,615,000 | $4,475,000 | -57.8% | 1.2% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $5,110,000 | $4,345,000 | -15.0% | 1.2% |
| PENNYMAC LOAN SERVICES, LLC | $12,310,000 | $4,315,000 | -64.9% | 1.2% |
| FINANCE OF AMERICA MORTGAGE LLC | $4,245,000 | n/a | 1.1% | |
| George Mason Mortgage, LLC | $8,815,000 | $4,010,000 | -54.5% | 1.1% |
| MOVEMENT MORTGAGE, LLC | $8,800,000 | $3,825,000 | -56.5% | 1.0% |
| LOANDEPOT.COM, LLC | $11,550,000 | $3,770,000 | -67.4% | 1.0% |
| West Town Bank & Trust | $2,165,000 | $2,735,000 | 26.3% | 0.7% |
| USAA Federal Savings Bank | $5,055,000 | $2,700,000 | -46.6% | 0.7% |
| PNC Bank | $2,550,000 | $2,675,000 | 4.9% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,895,000 | $2,615,000 | -46.6% | 0.7% |
| Paramount Residential Mortgage Group, Inc. | $2,765,000 | $2,610,000 | -5.6% | 0.7% |
| C & F Mortgage Corporation | $3,480,000 | $2,525,000 | -27.4% | 0.7% |
| Atlantic Union Bank | $2,140,000 | $2,430,000 | 13.6% | 0.7% |
| Tidewater Home Funding, LLC | $3,580,000 | $2,390,000 | -33.2% | 0.6% |
| GUARANTEED RATE, INC. | $1,740,000 | $2,305,000 | 32.5% | 0.6% |
| NEW DAY FINANCIAL, LLC | $2,250,000 | $2,275,000 | 1.1% | 0.6% |
| CAPITAL CENTER, L.L.C. | $1,885,000 | $2,260,000 | 19.9% | 0.6% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,770,000 | $2,255,000 | 27.4% | 0.6% |
| ABNB Federal Credit Union | $720,000 | $2,150,000 | 198.6% | 0.6% |
| HOMESIDE FINANCIAL, LLC | $2,225,000 | $2,070,000 | -7.0% | 0.6% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $175,000 | $2,035,000 | 1,062.9% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $4,145,000 | $2,025,000 | -51.1% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $810,000 | $2,020,000 | 149.4% | 0.5% |
| Atlantic Coast Mortgage, LLC | $680,000 | $1,980,000 | 191.2% | 0.5% |
| First-Citizens Bank & Trust Company | $780,000 | $1,930,000 | 147.4% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,055,000 | $1,925,000 | 82.5% | 0.5% |
| Carrington Mortgage Services, LLC | $1,505,000 | $1,745,000 | 15.9% | 0.5% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,785,000 | $1,695,000 | -39.1% | 0.5% |
| First National Bank of Pennsylvania | $3,770,000 | $1,685,000 | -55.3% | 0.5% |
| LAKEVIEW LOAN SERVICING, LLC | $5,465,000 | $1,525,000 | -72.1% | 0.4% |
| TIDEWATER MORTGAGE SERVICES, INC. | $9,845,000 | $1,475,000 | -85.0% | 0.4% |
| Alcova Mortgage LLC | $1,575,000 | $1,450,000 | -7.9% | 0.4% |
| BROKER SOLUTIONS, INC. | $1,860,000 | $1,340,000 | -28.0% | 0.4% |
| Prosperity Home Mortgage, LLC | $1,030,000 | $1,340,000 | 30.1% | 0.4% |
| Bank of America | $945,000 | $1,290,000 | 36.5% | 0.3% |
| Towne Mortgage, LLC | $5,135,000 | $1,245,000 | -75.8% | 0.3% |
| Blue Ridge Bank | $1,625,000 | $1,210,000 | -25.5% | 0.3% |
| NBKC BANK | $1,180,000 | n/a | 0.3% | |
| Equity Prime Mortgage LLC | $235,000 | $1,165,000 | 395.7% | 0.3% |
| HOMESPIRE MORTGAGE CORPORATION | $980,000 | $1,135,000 | 15.8% | 0.3% |
| NewTowne Mortgage, LLC | $1,020,000 | $990,000 | -2.9% | 0.3% |
| JPMorgan Chase Bank | $2,090,000 | $970,000 | -53.6% | 0.3% |
| PLANET HOME LENDING, LLC | $260,000 | $885,000 | 240.4% | 0.2% |
| KeyBank | $350,000 | $865,000 | 147.1% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,970,000 | $795,000 | -73.2% | 0.2% |
| BNC National Bank | $1,045,000 | $760,000 | -27.3% | 0.2% |
| GUILD MORTGAGE COMPANY | $205,000 | $745,000 | 263.4% | 0.2% |
| CHARTWAY FEDERAL CREDIT UNION | $315,000 | $710,000 | 125.4% | 0.2% |
| NEWREZ LLC | $2,465,000 | $705,000 | -71.4% | 0.2% |
| SOFI LENDING CORP. | $645,000 | n/a | 0.2% | |
| Nations Lending Corporation | $1,530,000 | $595,000 | -61.1% | 0.2% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $135,000 | $560,000 | 314.8% | 0.2% |
| UNION HOME MORTGAGE CORP. | $265,000 | $545,000 | 105.7% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $540,000 | n/a | 0.1% | |
| FLAT BRANCH MORTGAGE, INC. | $520,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $325,000 | $520,000 | 60.0% | 0.1% |
| GSF Mortgage Corporation | $215,000 | $520,000 | 141.9% | 0.1% |
| Low VA Rates, LLC | $860,000 | $505,000 | -41.3% | 0.1% |
| MCLEAN MORTGAGE CORPORATION | $175,000 | $455,000 | 160.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $810,000 | $425,000 | -47.5% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $415,000 | n/a | 0.1% | |
| FIRST HOME MORTGAGE CORPORATION | $285,000 | $405,000 | 42.1% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $405,000 | n/a | 0.1% | |
| DATA MORTGAGE, INC. | $385,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $375,000 | n/a | 0.1% | |
| Hometown Lenders, Inc. | $335,000 | $375,000 | 11.9% | 0.1% |
| Citizens Bank | $640,000 | $370,000 | -42.2% | 0.1% |
| Stifel Bank and Trust | $365,000 | n/a | 0.1% | |
| United Community Bank | $360,000 | n/a | 0.1% | |
| Waterstone Mortgage Corporation | $355,000 | n/a | 0.1% | |
| The Huntington National Bank | $345,000 | n/a | 0.1% | |
| The Old Point National Bank of Phoebus | $125,000 | $345,000 | 176.0% | 0.1% |
| Flagstar Bank, FSB | $125,000 | $330,000 | 164.0% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $105,000 | $325,000 | 209.5% | 0.1% |
| Northpointe Bank | $170,000 | $325,000 | 91.2% | 0.1% |
| SPRING EQ, LLC | $620,000 | $325,000 | -47.6% | 0.1% |
| AMERICAN FINANCING CORPORATION | $980,000 | $320,000 | -67.3% | 0.1% |
| LANGLEY | $1,435,000 | $320,000 | -77.7% | 0.1% |
| ARC HOME LLC | $315,000 | n/a | 0.1% | |
| Dollar Bank, Federal Savings Bank | $125,000 | $315,000 | 152.0% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,390,000 | $310,000 | -77.7% | 0.1% |
| Bank of England | $770,000 | $305,000 | -60.4% | 0.1% |
| CMG MORTGAGE, INC. | $165,000 | $305,000 | 84.8% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $1,430,000 | $305,000 | -78.7% | 0.1% |
| CLEARPATH LENDING | $2,105,000 | $295,000 | -86.0% | 0.1% |
| ISERVE RESIDENTIAL LENDING, LLC | $295,000 | n/a | 0.1% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,465,000 | $295,000 | -79.9% | 0.1% |
| Loan Simple, Inc. | $285,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $485,000 | $285,000 | -41.2% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $285,000 | n/a | 0.1% | |
| NATIONS DIRECT MORTGAGE, LLC | $280,000 | n/a | 0.1% | |
| Secured Investment Corp. | $280,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $1,040,000 | $275,000 | -73.6% | 0.1% |
| GMFS LLC | $275,000 | n/a | 0.1% | |
| MORIA DEVELOPMENT, INC. | $205,000 | $275,000 | 34.1% | 0.1% |
| AgCarolina Farm Credit, FLCA | $400,000 | $270,000 | -32.5% | 0.1% |
| Mid-Continent Funding, Inc. | $1,205,000 | $265,000 | -78.0% | 0.1% |
| NP, Inc. | $410,000 | $265,000 | -35.4% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $265,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $260,000 | n/a | 0.1% | |
| Austin Capital Bank SSB | $125,000 | $255,000 | 104.0% | 0.1% |
| First Internet Bank of Indiana | $255,000 | n/a | 0.1% | |
| Plains Commerce Bank | $565,000 | $255,000 | -54.9% | 0.1% |
| UNITED MORTGAGE CORP. | $255,000 | n/a | 0.1% | |
| UNIVERSAL MORTGAGE & FINANCE, INC. | $255,000 | n/a | 0.1% | |
| UNIVERSITY LENDING GROUP, LLC | $325,000 | $255,000 | -21.5% | 0.1% |
| U.S. Bank | $1,170,000 | $255,000 | -78.2% | 0.1% |
| LENDSURE MORTGAGE CORP. | $255,000 | $245,000 | -3.9% | 0.1% |
| ALLEGACY FEDERAL CREDIT UNION | $115,000 | $235,000 | 104.3% | 0.1% |
| Magnolia Bank | $505,000 | $235,000 | -53.5% | 0.1% |
| M&T Bank | $225,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,270,000 | $225,000 | -82.3% | 0.1% |
| Advisors Mortgage Group, L.L.C. | $215,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $2,780,000 | $215,000 | -92.3% | 0.1% |
| CONTOUR MORTGAGE CORPORATION | $205,000 | n/a | 0.1% | |
| First Guaranty Mortgage Corporation | $770,000 | $205,000 | -73.4% | 0.1% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $205,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $780,000 | $205,000 | -73.7% | 0.1% |
| Ameris Bank | $675,000 | $195,000 | -71.1% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $195,000 | n/a | 0.1% | |
| KEMBA CREDIT UNION, INC. | $195,000 | n/a | 0.1% | |
| Discover Bank | $115,000 | $190,000 | 65.2% | 0.1% |
| Deere Employees Credit Union | $45,000 | $185,000 | 311.1% | 0.0% |
| GROUP MORTGAGE, LLC | $185,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $185,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $185,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $245,000 | $185,000 | -24.5% | 0.0% |
| 21ST MORTGAGE CORPORATION | $105,000 | $175,000 | 66.7% | 0.0% |
| EMM LOANS LLC | $175,000 | n/a | 0.0% | |
| INTERCOASTAL MORTGAGE COMPANY | $955,000 | $175,000 | -81.7% | 0.0% |
| The Federal Savings Bank | $1,160,000 | $175,000 | -84.9% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $170,000 | n/a | 0.0% | |
| Ally Bank | $135,000 | $165,000 | 22.2% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $165,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $570,000 | $165,000 | -71.1% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $155,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $995,000 | $155,000 | -84.4% | 0.0% |
| Peoples Bank | $145,000 | $145,000 | 0.0% | 0.0% |
| Hometown Equity Mortgage, LLC | $105,000 | $135,000 | 28.6% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $335,000 | $115,000 | -65.7% | 0.0% |
| LIMA ONE CAPITAL, LLC | $105,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $250,000 | $105,000 | -58.0% | 0.0% |
| HOMESTAR FINANCIAL CORPORATION | $245,000 | $95,000 | -61.2% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $2,830,000 | $95,000 | -96.6% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $85,000 | n/a | 0.0% | |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES | $195,000 | $85,000 | -56.4% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $75,000 | $85,000 | 13.3% | 0.0% |
| South State Bank | $85,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $325,000 | $75,000 | -76.9% | 0.0% |
| Fulton Bank | $75,000 | n/a | 0.0% | |
| AMERIFIRST FINANCIAL CORPORATION | $65,000 | n/a | 0.0% | |
| COASTAL Federal Credit Union | $735,000 | $65,000 | -91.2% | 0.0% |
| 1ST ADVANTAGE FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% |
Elizabeth City's top lender by overall market share is Congressional Bank, with 7.5% market share. In second place, with 6.3%, is STATE EMPLOYEES', having originated $23,450,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $23,130,000 in loans. In fourth place, with 5.8%, is Southern Bank and Trust Company, having originated $21,315,000 in loans. In fifth place, with 5.2%, is NAVY FEDERAL CREDIT UNION, having originated $19,270,000 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 (4.4%) | $234,845 (-0.1%) | 0.00 | 373 |
| 2018-03-01 | $219,000 (5.7%) | $240,952 (1.5%) | 0.00 | 371 |
| 2018-04-01 | $219,900 (5.2%) | $243,140 (3.2%) | 0.00 | 361 |
| 2018-05-01 | $224,450 (3.1%) | $249,190 (3.1%) | 0.00 | 363 |
| 2018-06-01 | $217,000 (1.2%) | $250,036 (4.8%) | 0.00 | 372 |
| 2018-07-01 | $218,000 (1.4%) | $249,804 (5.4%) | 0.00 | 398 |
| 2018-08-01 | $215,000 (-1.0%) | $247,838 (1.4%) | 0.00 | 401 |
| 2018-09-01 | $209,900 (-5.8%) | $238,752 (-5.2%) | 0.00 | 399 |
| 2018-10-01 | $213,475 (-4.8%) | $240,508 (-5.1%) | 0.00 | 389 |
| 2018-11-01 | $200,813 (-7.2%) | $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%) | $234,268 (2.5%) | 0.00 | 327 |
| 2019-02-01 | $213,875 (0.6%) | $243,389 (3.6%) | 0.00 | 332 |
| 2019-03-01 | $221,214 (1.0%) | $251,109 (4.2%) | 0.00 | 348 |
| 2019-04-01 | $229,000 (4.1%) | $258,500 (6.3%) | 0.00 | 365 |
| 2019-05-01 | $229,000 (2.0%) | $261,418 (4.9%) | 0.00 | 376 |
| 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 (10.0%) | 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 (12.9%) | 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 (8.9%) | 0.00 | 269 |
| 2020-02-01 | $242,850 (13.6%) | $259,997 (6.8%) | 0.00 | 270 |
| 2020-03-01 | $240,743 (8.8%) | $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 (3.2%) | 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 | $299,000 (16.3%) | $344,868 (15.3%) | 0.00 | 114 |
| 2021-11-01 | $305,250 (14.7%) | $350,436 (16.2%) | 0.00 | 107 |
| 2021-12-01 | $287,475 (14.1%) | $326,299 (18.1%) | 0.00 | 97 |
| 2022-01-01 | $297,995 (16.0%) | $327,617 (13.3%) | 0.00 | 107 |
| 2022-02-01 | $299,923 (19.5%) | $347,968 (18.1%) | 0.00 | 106 |
| 2022-03-01 | $304,945 (17.7%) | $326,140 (7.4%) | 0.00 | 111 |
| 2022-04-01 | $319,900 (16.5%) | $318,124 (1.3%) | 0.00 | 114 |
| 2022-05-01 | $317,725 (27.1%) | $328,189 (4.4%) | 0.00 | 112 |
| 2022-06-01 | $339,995 (34.9%) | $351,495 (11.7%) | 0.00 | 127 |
| 2022-07-01 | $325,500 (26.7%) | $353,965 (10.3%) | 0.00 | 166 |
| 2022-08-01 | $160,975 (-35.9%) | $232,668 (-30.4%) | 0.00 | 324 |
| 2022-09-01 | $254,925 (-7.3%) | $269,256 (-21.9%) | 0.00 | 246 |
| 2022-10-01 | $334,495 (11.9%) | $337,987 (-2.0%) | 0.00 | 155 |
| 2022-11-01 | $328,950 (7.8%) | $335,387 (-4.3%) | 0.00 | 153 |
| 2022-12-01 | $349,000 (21.4%) | $338,114 (3.6%) | 0.00 | 125 |
| 2023-01-01 | $349,923 (17.4%) | $340,586 (4.0%) | 0.00 | 106 |
| 2023-02-01 | $343,720 (14.6%) | $339,481 (-2.4%) | 0.00 | 101 |
| 2023-03-01 | $329,990 (8.2%) | $327,935 (0.6%) | 0.00 | 105 |
| 2023-04-01 | $351,900 (10.0%) | $353,077 (11.0%) | 0.00 | 112 |
| 2023-05-01 | $362,445 (14.1%) | $366,397 (11.6%) | 0.00 | 140 |
| 2023-06-01 | $359,945 (5.9%) | $374,788 (6.6%) | 0.00 | 155 |
| 2023-07-01 | $359,900 (10.6%) | $396,502 (12.0%) | 0.00 | 151 |
| 2023-08-01 | $348,425 (116.5%) | $393,114 (69.0%) | 0.00 | 162 |
Elizabeth City's median listing price comes in at 0% of the national average.
Elizabeth City's average listing price for 2023-08-01 was $393,114, a difference of $160,446 (69.0%) versus the prior year and $-3,388 versus the prior month.
For the 2023-08-01 period, Elizabeth City had 162 MLS listings, a difference of 11 listings (7%) versus the prior month and -162 listings (-50%) 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 | 2,162 sqft |
| 2018-02-01 | 0 days | 2,156 sqft |
| 2018-03-01 | 0 days | 2,200 sqft |
| 2018-04-01 | 0 days | 2,191 sqft |
| 2018-05-01 | 0 days | 2,241 sqft |
| 2018-06-01 | 0 days | 2,200 sqft |
| 2018-07-01 | 0 days | 2,197 sqft |
| 2018-08-01 | 0 days | 2,238 sqft |
| 2018-09-01 | 0 days | 2,195 sqft |
| 2018-10-01 | 0 days | 2,202 sqft |
| 2018-11-01 | 0 days | 2,167 sqft |
| 2018-12-01 | 0 days | 2,148 sqft |
| 2019-01-01 | 0 days | 2,165 sqft |
| 2019-02-01 | 0 days | 2,167 sqft |
| 2019-03-01 | 0 days | 2,158 sqft |
| 2019-04-01 | 0 days | 2,129 sqft |
| 2019-05-01 | 0 days | 2,115 sqft |
| 2019-06-01 | 0 days | 2,140 sqft |
| 2019-07-01 | 0 days | 2,160 sqft |
| 2019-08-01 | 0 days | 2,155 sqft |
| 2019-09-01 | 0 days | 2,135 sqft |
| 2019-10-01 | 0 days | 2,137 sqft |
| 2019-11-01 | 0 days | 2,150 sqft |
| 2019-12-01 | 0 days | 2,179 sqft |
| 2020-01-01 | 0 days | 2,168 sqft |
| 2020-02-01 | 0 days | 2,153 sqft |
| 2020-03-01 | 0 days | 2,157 sqft |
| 2020-04-01 | 0 days | 2,155 sqft |
| 2020-05-01 | 0 days | 2,270 sqft |
| 2020-06-01 | 0 days | 2,387 sqft |
| 2020-07-01 | 0 days | 2,284 sqft |
| 2020-08-01 | 0 days | 2,288 sqft |
| 2020-09-01 | 0 days | 2,272 sqft |
| 2020-10-01 | 0 days | 2,170 sqft |
| 2020-11-01 | 0 days | 2,160 sqft |
| 2020-12-01 | 0 days | 2,150 sqft |
| 2021-01-01 | 0 days | 2,326 sqft |
| 2021-02-01 | 0 days | 2,372 sqft |
| 2021-03-01 | 0 days | 2,219 sqft |
| 2021-04-01 | 0 days | 2,266 sqft |
| 2021-05-01 | 0 days | 1,902 sqft |
| 2021-06-01 | 0 days | 1,850 sqft |
| 2021-07-01 | 0 days | 1,682 sqft |
| 2021-08-01 | 0 days | 2,042 sqft |
| 2021-09-01 | 0 days | 2,168 sqft |
| 2021-10-01 | 0 days | 2,196 sqft |
| 2021-11-01 | 0 days | 2,159 sqft |
| 2021-12-01 | 0 days | 2,188 sqft |
| 2022-01-01 | 0 days | 2,046 sqft |
| 2022-02-01 | 0 days | 2,058 sqft |
| 2022-03-01 | 0 days | 2,072 sqft |
| 2022-04-01 | 0 days | 2,114 sqft |
| 2022-05-01 | 0 days | 2,058 sqft |
| 2022-06-01 | 0 days | 2,076 sqft |
| 2022-07-01 | 0 days | 2,128 sqft |
| 2022-08-01 | 0 days | 2,132 sqft |
| 2022-09-01 | 0 days | 2,096 sqft |
| 2022-10-01 | 0 days | 2,019 sqft |
| 2022-11-01 | 0 days | 1,930 sqft |
| 2022-12-01 | 0 days | 1,989 sqft |
| 2023-01-01 | 0 days | 2,031 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 |
Elizabeth City's median square footage for active listings during the 2023-08-01 period was 2,022 sqft. One year prior, the average listing was 2,132 sqft.
Elizabeth City, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 958 | $266,490,000 | $278,173 |
| Cash Out Refi | 241 | $48,565,000 | $201,515 |
| Refi | 202 | $36,030,000 | $178,366 |
| Home Improvement | 116 | $8,840,000 | $76,207 |
| Other | 109 | $10,415,000 | $95,550 |
Elizabeth City's most frequently cited loan purpose was Home Purchase, with 958 originations. The 2nd most popular reason was Cash Out Refi, with 241 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 450 | $95,650,000 | $212,556 |
| 5-6% | 387 | $83,275,000 | $215,181 |
| 4-5% | 370 | $119,380,000 | $322,649 |
| 6-7% | 161 | $32,375,000 | $201,087 |
| 2.5-3% | 131 | $22,165,000 | $169,198 |
| 7-8% | 52 | $8,990,000 | $172,885 |
| <2.5% | 41 | $5,255,000 | $128,171 |
| Over 8% | 31 | $2,905,000 | $93,710 |
During 2022, Elizabeth City's most frequently originated rate bucket was 3-4%, with 450 originations.
Loan Sizing (Elizabeth City, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 704 | $195,000,000 | $276,989 |
| $100k-200k | 513 | $78,045,000 | $152,135 |
| $100,000 or less | 305 | $17,545,000 | $57,525 |
| $400k-600k | 80 | $36,020,000 | $450,250 |
| $600k-1000k | 22 | $14,920,000 | $678,182 |
| $Over $1MM | 2 | $28,810,000 | $14,405,000 |
Elizabeth City's loan sizing saw the bucket of loans from $200k-400k with 704 originations, totaling $195,000,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 774 | $196,000,000 | $253,230 |
| 60-80% | 342 | $76,450,000 | $223,538 |
| 40-60% | 143 | $22,125,000 | $154,720 |
| 20-40% | 135 | $12,145,000 | $89,963 |
| Under 20% | 122 | $5,000,000 | $40,984 |
| Over 100% | 99 | $57,035,000 | $576,111 |
Elizabeth City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 774 originations, totaling $196,000,000 in origination value.