Elizabeth City Mortgage Rates
30 Year Fixed Rate mortgages in Elizabeth City averaged
6.3%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
6.11% and
one month ago for the week of 2022-05-26, the
average rate was 5.4%.
Elizabeth City's average rate one year ago was 3.25%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.87%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Elizabeth City 30 Year Fixed Rate | 2022-06-30 | 6.3% |
| Elizabeth City 30 Year Fixed Rate Refi | 2022-06-30 | 5.87% |
| Elizabeth City 15 Year Fixed Rate | 2022-06-30 | 5.11% |
| Elizabeth City 15 Year Fixed Rate Refi | 2022-06-30 | 5.38% |
| Elizabeth City 30 Year FHA | 2022-06-30 | 5.63% |
| Elizabeth City 30 Year FHA Refi | 2022-06-30 | 5.69% |
| Elizabeth City 30 Year USDA | 2022-06-30 | 5.33% |
| Elizabeth City 30 Year USDA Refi | 2022-06-30 | 5.86% |
| Elizabeth City 30 Year VA | 2022-06-30 | 5.55% |
| Elizabeth City 30 Year VA Refi | 2022-06-30 | 5.41% |
Elizabeth City Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, 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, NC's 120 lenders originated 2,373
loans during 2021. The total origination value was $496,035,000, with an average loan value of
$209,033.
The top Elizabeth City lender as defined by loan originations is STATE EMPLOYEES', with
94 loans originated. Their average total fees are
$3,760, which is $1,691
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Elizabeth City lenders (with over 10 loans originated) are
Truist Bank ($3,210), TIDEWATER MORTGAGE SERVICES, INC. ($3,344), OVM FINANCIAL, INC. ($3,394), CORNERSTONE HOME LENDING, INC. ($3,403) and Wells Fargo Bank ($3,406).
The lowest rate Elizabeth City lenders (with over 10 loans originated) are
C & F Mortgage Corporation (2.93%), Southern Bank and Trust Company (2.99%), AMERISAVE MORTGAGE CORPORATION (3.02%), Truist Bank (3.07%) and MOVEMENT MORTGAGE, LLC (3.09%).
Elizabeth City, NC Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $38,640,000 | $44,240,000 | 14.5% | 8.9% |
| STATE EMPLOYEES' | $17,215,000 | $31,285,000 | 81.7% | 6.3% |
| Mortgage Research Center, LLC | $15,230,000 | $24,640,000 | 61.8% | 5.0% |
| Southern Bank and Trust Company | $11,780,000 | $24,580,000 | 108.7% | 5.0% |
| NAVY FEDERAL CREDIT UNION | $19,355,000 | $22,615,000 | 16.8% | 4.6% |
| FREEDOM MORTGAGE CORPORATION | $25,565,000 | $21,190,000 | -17.1% | 4.3% |
| GREYSTONE SERVICING COMPANY LLC | $15,095,000 | n/a | 3.0% | |
| Wells Fargo Bank | $10,250,000 | $14,620,000 | 42.6% | 2.9% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $7,715,000 | $13,870,000 | 79.8% | 2.8% |
| CALIBER HOME LOANS, INC. | $8,465,000 | $12,790,000 | 51.1% | 2.6% |
| CORNERSTONE HOME LENDING, INC. | $11,470,000 | $12,760,000 | 11.2% | 2.6% |
| PENNYMAC LOAN SERVICES, LLC | $4,820,000 | $12,310,000 | 155.4% | 2.5% |
| LOANDEPOT.COM, LLC | $4,020,000 | $11,550,000 | 187.3% | 2.3% |
| OVM FINANCIAL, INC. | $9,575,000 | $10,615,000 | 10.9% | 2.1% |
| TIDEWATER MORTGAGE SERVICES, INC. | $14,900,000 | $9,845,000 | -33.9% | 2.0% |
| Truist Bank | $10,475,000 | $9,300,000 | -11.2% | 1.9% |
| George Mason Mortgage, LLC | $9,585,000 | $8,815,000 | -8.0% | 1.8% |
| Towne Bank | $10,750,000 | $8,810,000 | -18.0% | 1.8% |
| MOVEMENT MORTGAGE, LLC | $4,240,000 | $8,800,000 | 107.5% | 1.8% |
| SOUTHERN TRUST MORTGAGE, LLC | $3,190,000 | $7,105,000 | 122.7% | 1.4% |
| Advance Financial Group, LLC | $4,140,000 | $5,790,000 | 39.9% | 1.2% |
| LAKEVIEW LOAN SERVICING, LLC | $2,570,000 | $5,465,000 | 112.6% | 1.1% |
| Towne Mortgage, LLC | $4,505,000 | $5,135,000 | 14.0% | 1.0% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $4,150,000 | $5,110,000 | 23.1% | 1.0% |
| USAA Federal Savings Bank | $3,565,000 | $5,055,000 | 41.8% | 1.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,610,000 | $4,950,000 | 7.4% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,800,000 | $4,895,000 | 2.0% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $2,700,000 | $4,145,000 | 53.5% | 0.8% |
| First National Bank of Pennsylvania | $4,750,000 | $3,770,000 | -20.6% | 0.8% |
| Tidewater Home Funding, LLC | $1,225,000 | $3,580,000 | 192.2% | 0.7% |
| C & F Mortgage Corporation | $1,780,000 | $3,480,000 | 95.5% | 0.7% |
| Select Bank & Trust Company | $2,740,000 | $3,460,000 | 26.3% | 0.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $945,000 | $2,970,000 | 214.3% | 0.6% |
| VILLAGE CAPITAL & INVESTMENT LLC | $4,850,000 | $2,830,000 | -41.6% | 0.6% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,375,000 | $2,785,000 | 102.5% | 0.6% |
| BETTER MORTGAGE CORPORATION | $635,000 | $2,780,000 | 337.8% | 0.6% |
| Paramount Residential Mortgage Group, Inc. | $1,705,000 | $2,765,000 | 62.2% | 0.6% |
| PNC Bank | $2,325,000 | $2,550,000 | 9.7% | 0.5% |
| NEWREZ LLC | $1,660,000 | $2,465,000 | 48.5% | 0.5% |
| NEW DAY FINANCIAL, LLC | $2,420,000 | $2,250,000 | -7.0% | 0.5% |
| HOMESIDE FINANCIAL, LLC | $195,000 | $2,225,000 | 1,041.0% | 0.4% |
| CBM Mortgage, Inc. | $2,165,000 | n/a | 0.4% | |
| West Town Bank & Trust | $5,865,000 | $2,165,000 | -63.1% | 0.4% |
| Atlantic Union Bank | $2,555,000 | $2,140,000 | -16.2% | 0.4% |
| CLEARPATH LENDING | $2,305,000 | $2,105,000 | -8.7% | 0.4% |
| JPMorgan Chase Bank | $1,155,000 | $2,090,000 | 81.0% | 0.4% |
| CAPITAL CENTER, L.L.C. | $1,400,000 | $1,885,000 | 34.6% | 0.4% |
| BROKER SOLUTIONS, INC. | $875,000 | $1,860,000 | 112.6% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,195,000 | $1,770,000 | -57.8% | 0.4% |
| GUARANTEED RATE, INC. | $855,000 | $1,740,000 | 103.5% | 0.4% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,265,000 | $1,650,000 | 30.4% | 0.3% |
| Blue Ridge Bank | $1,340,000 | $1,625,000 | 21.3% | 0.3% |
| Alcova Mortgage LLC | $615,000 | $1,575,000 | 156.1% | 0.3% |
| Nations Lending Corporation | $600,000 | $1,530,000 | 155.0% | 0.3% |
| Carrington Mortgage Services, LLC | $1,560,000 | $1,505,000 | -3.5% | 0.3% |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,070,000 | $1,465,000 | 36.9% | 0.3% |
| LANGLEY | $280,000 | $1,435,000 | 412.5% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $960,000 | $1,430,000 | 49.0% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $845,000 | $1,390,000 | 64.5% | 0.3% |
| Renasant Bank | $2,815,000 | $1,355,000 | -51.9% | 0.3% |
| First Bank | $1,300,000 | n/a | 0.3% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,190,000 | $1,270,000 | 6.7% | 0.3% |
| Mid-Continent Funding, Inc. | $1,205,000 | n/a | 0.2% | |
| U.S. Bank | $1,155,000 | $1,170,000 | 1.3% | 0.2% |
| The Federal Savings Bank | $1,860,000 | $1,160,000 | -37.6% | 0.2% |
| FINANCE OF AMERICA COMMERCIAL LLC | $1,120,000 | n/a | 0.2% | |
| SUN WEST MORTGAGE COMPANY, INC. | $2,755,000 | $1,070,000 | -61.2% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,950,000 | $1,055,000 | -45.9% | 0.2% |
| BNC National Bank | $215,000 | $1,045,000 | 386.0% | 0.2% |
| EMBRACE HOME LOANS, INC. | $1,040,000 | n/a | 0.2% | |
| Prosperity Home Mortgage, LLC | $115,000 | $1,030,000 | 795.7% | 0.2% |
| NewTowne Mortgage, LLC | $1,020,000 | n/a | 0.2% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $870,000 | $995,000 | 14.4% | 0.2% |
| AMERICAN FINANCING CORPORATION | $565,000 | $980,000 | 73.5% | 0.2% |
| HOMESPIRE MORTGAGE CORPORATION | $195,000 | $980,000 | 402.6% | 0.2% |
| INTERCOASTAL MORTGAGE COMPANY | $955,000 | n/a | 0.2% | |
| Bank of America | $960,000 | $945,000 | -1.6% | 0.2% |
| InterContinental Capital Group, Inc | $645,000 | $940,000 | 45.7% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $535,000 | $930,000 | 73.8% | 0.2% |
| ACCELERATE MORTGAGE, LLC | $375,000 | $895,000 | 138.7% | 0.2% |
| North American Savings Bank, F.S.B. | $895,000 | $895,000 | 0.0% | 0.2% |
| Low VA Rates, LLC | $505,000 | $860,000 | 70.3% | 0.2% |
| KELLER MORTGAGE, LLC | $845,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $570,000 | $810,000 | 42.1% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,690,000 | $810,000 | -52.1% | 0.2% |
| First-Citizens Bank & Trust Company | $1,580,000 | $780,000 | -50.6% | 0.2% |
| Wyndham Capital Mortgage, Inc. | $915,000 | $780,000 | -14.8% | 0.2% |
| Bank of England | $340,000 | $770,000 | 126.5% | 0.2% |
| First Guaranty Mortgage Corporation | $575,000 | $770,000 | 33.9% | 0.2% |
| COASTAL Federal Credit Union | $735,000 | n/a | 0.1% | |
| STEARNS LENDING, LLC | $470,000 | $725,000 | 54.3% | 0.1% |
| ABNB Federal Credit Union | $890,000 | $720,000 | -19.1% | 0.1% |
| Atlantic Coast Mortgage, LLC | $2,080,000 | $680,000 | -67.3% | 0.1% |
| Ameris Bank | $675,000 | n/a | 0.1% | |
| Citizens Bank | $640,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $195,000 | $640,000 | 228.2% | 0.1% |
| SPRING EQ, LLC | $25,000 | $620,000 | 2,380.0% | 0.1% |
| First Federal Bank | $255,000 | $600,000 | 135.3% | 0.1% |
| RESOURCE FINANCIAL SERVICES, INC. | $595,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $425,000 | $570,000 | 34.1% | 0.1% |
| Plains Commerce Bank | $175,000 | $565,000 | 222.9% | 0.1% |
| CHARTER WEST BANK | $545,000 | n/a | 0.1% | |
| Magnolia Bank | $175,000 | $505,000 | 188.6% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $575,000 | $500,000 | -13.0% | 0.1% |
| Raymond James Bank | $500,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $485,000 | n/a | 0.1% | |
| Presidential Bank, FSB | $480,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $475,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $185,000 | $450,000 | 143.2% | 0.1% |
| SIGNATURE MORTGAGE CORPORATION | $505,000 | $430,000 | -14.9% | 0.1% |
| NP, Inc. | $205,000 | $410,000 | 100.0% | 0.1% |
| DAS Acquisition Company, LLC | $405,000 | n/a | 0.1% | |
| AgCarolina Farm Credit, FLCA | $425,000 | $400,000 | -5.9% | 0.1% |
| LUSO | $385,000 | n/a | 0.1% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $385,000 | n/a | 0.1% | |
| EASTMAN | $835,000 | $355,000 | -57.5% | 0.1% |
| AgFirst Farm Credit Bank | $185,000 | $350,000 | 89.2% | 0.1% |
| KeyBank | $350,000 | n/a | 0.1% | |
| Willamette Valley Bank | $350,000 | n/a | 0.1% | |
| NATIONS RELIABLE LENDING, LLC | $345,000 | n/a | 0.1% | |
| Hometown Lenders, Inc. | $335,000 | n/a | 0.1% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $335,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $325,000 | n/a | 0.1% | |
| GoPrime Mortgage, Inc. | $380,000 | $325,000 | -14.5% | 0.1% |
| Strong Home Mortgage, LLC | $385,000 | $325,000 | -15.6% | 0.1% |
| UNIVERSITY LENDING GROUP, LLC | $325,000 | n/a | 0.1% | |
| CHARTWAY FEDERAL CREDIT UNION | $55,000 | $315,000 | 472.7% | 0.1% |
| Keystone Funding, Inc. | $305,000 | n/a | 0.1% | |
| First Horizon Bank | $375,000 | $295,000 | -21.3% | 0.1% |
| Nicolet National Bank | $295,000 | n/a | 0.1% | |
| Sandy Spring Bank | $295,000 | n/a | 0.1% | |
| 1ST SIGNATURE LENDING, LLC | $75,000 | $285,000 | 280.0% | 0.1% |
| FIRST HOME MORTGAGE CORPORATION | $285,000 | n/a | 0.1% | |
| FBC MORTGAGE, LLC | $275,000 | n/a | 0.1% | |
| LOANLEADERS OF AMERICA, INC. | $245,000 | $275,000 | 12.2% | 0.1% |
| LOANPAL, LLC | $290,000 | $270,000 | -6.9% | 0.1% |
| UNION HOME MORTGAGE CORP. | $1,260,000 | $265,000 | -79.0% | 0.1% |
| PLANET HOME LENDING, LLC | $1,525,000 | $260,000 | -83.0% | 0.1% |
| United Bank | $260,000 | n/a | 0.1% | |
| LENDSURE MORTGAGE CORP. | $255,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $255,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $320,000 | $250,000 | -21.9% | 0.1% |
| HOMESTAR FINANCIAL CORPORATION | $245,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $285,000 | $245,000 | -14.0% | 0.0% |
| PHH Mortgage Corporation | $85,000 | $245,000 | 188.2% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $245,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $245,000 | n/a | 0.0% | |
| BEACH MUNICIPAL FEDERAL CREDIT UNION | $235,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $235,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $225,000 | n/a | 0.0% | |
| CityWorth Mortgage LLC | $165,000 | $225,000 | 36.4% | 0.0% |
| Cornerstone First Mortgage, Inc | $225,000 | n/a | 0.0% | |
| Wilmington Savings Fund Society, FSB | $225,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $360,000 | $215,000 | -40.3% | 0.0% |
| GUILD MORTGAGE COMPANY | $205,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $205,000 | n/a | 0.0% | |
| Texana Bank | $205,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $205,000 | n/a | 0.0% | |
| Triumph Bank | $205,000 | n/a | 0.0% | |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES | $275,000 | $195,000 | -29.1% | 0.0% |
| First Federal Community Bank of Bucyrus | $185,000 | n/a | 0.0% | |
| LADERA LENDING, INC. | $255,000 | $185,000 | -27.5% | 0.0% |
| Lakeview Community Capital, LLC | $775,000 | $185,000 | -76.1% | 0.0% |
| UNITED SECURITY FINANCIAL CORP | $470,000 | $185,000 | -60.6% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $105,000 | $175,000 | 66.7% | 0.0% |
| East Coast Capital Corp. | $175,000 | n/a | 0.0% | |
| MCLEAN MORTGAGE CORPORATION | $735,000 | $175,000 | -76.2% | 0.0% |
| Northpointe Bank | $170,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $145,000 | $165,000 | 13.8% | 0.0% |
| First Heritage Mortgage, LLC | $165,000 | n/a | 0.0% | |
| UNION SQUARE | $165,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $175,000 | $155,000 | -11.4% | 0.0% |
| Mortgage Network, Inc. | $405,000 | $155,000 | -61.7% | 0.0% |
| Quontic Bank | $155,000 | n/a | 0.0% | |
| Peoples Bank | $145,000 | n/a | 0.0% | |
| Ally Bank | $105,000 | $135,000 | 28.6% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $135,000 | n/a | 0.0% | |
| Austin Capital Bank SSB | $195,000 | $125,000 | -35.9% | 0.0% |
| Cumberland Valley National Bank & Trust Company | $125,000 | n/a | 0.0% | |
| Dollar Bank, Federal Savings Bank | $185,000 | $125,000 | -32.4% | 0.0% |
| Flagstar Bank, FSB | $795,000 | $125,000 | -84.3% | 0.0% |
| Ixonia Bank | $125,000 | n/a | 0.0% | |
| The Old Point National Bank of Phoebus | $240,000 | $125,000 | -47.9% | 0.0% |
| ALLEGACY FEDERAL CREDIT UNION | $115,000 | n/a | 0.0% | |
| CERTAINTY HOME LOANS, LLC | $115,000 | n/a | 0.0% | |
| Discover Bank | $80,000 | $115,000 | 43.8% | 0.0% |
| US MORTGAGE CORPORATION | $115,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $115,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $180,000 | $105,000 | -41.7% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $105,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $105,000 | n/a | 0.0% | |
| Gateway First Bank | $315,000 | $95,000 | -69.8% | 0.0% |
| First National Bank of America | $305,000 | $85,000 | -72.1% | 0.0% |
| The Park National Bank | $85,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $275,000 | $75,000 | -72.7% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $180,000 | $75,000 | -58.3% | 0.0% |
| WRIGHT-PATT CREDIT UNION, INC. | $75,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $65,000 | n/a | 0.0% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $55,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $45,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | $25,000 | 0.0% | 0.0% |
Elizabeth City's top lender by overall market share is QUICKEN LOANS, LLC, with 8.9% market share. In second place, with 6.3%, is STATE EMPLOYEES', having originated $31,285,000 in loans. In third place, with 5.0%, is Mortgage Research Center, LLC, having originated $24,640,000 in loans. In third place, with 5.0%, is Southern Bank and Trust Company, having originated $24,580,000 in loans. In third place, with 4.6%, is NAVY FEDERAL CREDIT UNION, having originated $22,615,000 in loans.
Elizabeth City, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,087 | $263,335,000 | $242,259 |
| Refi | 846 | $161,460,000 | $190,851 |
| Cash Out Refi | 324 | $60,200,000 | $185,802 |
| Home Improvement | 73 | $6,275,000 | $85,959 |
| Other | 43 | $4,765,000 | $110,814 |
Elizabeth City's most frequently cited loan purpose was Home Purchase, with 1,087 originations. The 2nd most popular reason was Refi, with 846 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 957 | $195,245,000 | $204,018 |
| 3-4% | 817 | $173,465,000 | $212,319 |
| <2.5% | 473 | $109,605,000 | $231,723 |
| 4-5% | 77 | $11,325,000 | $147,078 |
| 5-6% | 10 | $1,260,000 | $126,000 |
| Over 8% | 7 | $515,000 | $73,571 |
| 6-7% | 3 | $295,000 | $98,333 |
| 7-8% | 3 | $195,000 | $65,000 |
During 2021, Elizabeth City's most frequently originated rate bucket was 2.5-3%, with 957 originations.
Loan Sizing (Elizabeth City, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,016 | $154,200,000 | $151,772 |
| $200k-400k | 978 | $259,060,000 | $264,888 |
| $100,000 or less | 288 | $18,810,000 | $65,313 |
| $400k-600k | 68 | $33,170,000 | $487,794 |
| $600k-1000k | 22 | $15,700,000 | $713,636 |
| $Over $1MM | 1 | $15,095,000 | $15,095,000 |
Elizabeth City's loan sizing saw the bucket of loans from $100k-200k with 1,016 originations, totaling $154,200,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,134 | $254,670,000 | $224,577 |
| 60-80% | 576 | $129,540,000 | $224,896 |
| 40-60% | 195 | $28,955,000 | $148,487 |
| Over 100% | 123 | $33,955,000 | $276,057 |
| 20-40% | 98 | $9,620,000 | $98,163 |
| Under 20% | 62 | $2,560,000 | $41,290 |
Elizabeth City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,134 originations, totaling $254,670,000 in origination value.
Market Conditions (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 | $225,000 (2.3%) | $240,937 (-1.8%) | 0.00 | 490 |
| 2018-02-01 | $225,900 (1.5%) | $243,442 (0.7%) | 0.00 | 526 |
| 2018-03-01 | $234,900 (4.4%) | $249,718 (1.6%) | 0.00 | 530 |
| 2018-04-01 | $245,450 (9.1%) | $255,390 (4.4%) | 0.00 | 520 |
| 2018-05-01 | $241,500 (6.6%) | $262,292 (3.6%) | 0.00 | 512 |
| 2018-06-01 | $239,900 (5.7%) | $261,242 (4.5%) | 0.00 | 533 |
| 2018-07-01 | $237,750 (3.8%) | $257,390 (3.9%) | 0.00 | 583 |
| 2018-08-01 | $236,383 (-0.2%) | $254,896 (-1.6%) | 0.00 | 580 |
| 2018-09-01 | $235,000 (-2.0%) | $249,091 (-5.2%) | 0.00 | 578 |
| 2018-10-01 | $241,475 (3.6%) | $252,482 (-3.6%) | 0.00 | 587 |
| 2018-11-01 | $241,925 (4.5%) | $252,787 (-0.9%) | 0.00 | 546 |
| 2018-12-01 | $245,000 (6.6%) | $252,988 (3.4%) | 0.00 | 521 |
| 2019-01-01 | $242,400 (7.7%) | $250,280 (3.9%) | 0.00 | 502 |
| 2019-02-01 | $248,610 (10.1%) | $257,300 (5.7%) | 0.00 | 511 |
| 2019-03-01 | $248,940 (6.0%) | $262,794 (5.2%) | 0.00 | 529 |
| 2019-04-01 | $249,900 (1.8%) | $267,922 (4.9%) | 0.00 | 553 |
| 2019-05-01 | $249,900 (3.5%) | $269,821 (2.9%) | 0.00 | 565 |
| 2019-06-01 | $249,900 (4.2%) | $271,413 (3.9%) | 0.00 | 539 |
| 2019-07-01 | $253,500 (6.6%) | $279,005 (8.4%) | 0.00 | 540 |
| 2019-08-01 | $264,242 (11.8%) | $282,576 (10.9%) | 0.00 | 538 |
| 2019-09-01 | $269,450 (14.7%) | $283,773 (13.9%) | 0.00 | 530 |
| 2019-10-01 | $269,900 (11.8%) | $282,781 (12.0%) | 0.00 | 533 |
| 2019-11-01 | $269,000 (11.2%) | $276,797 (9.5%) | 0.00 | 502 |
| 2019-12-01 | $269,000 (9.8%) | $273,939 (8.3%) | 0.00 | 463 |
| 2020-01-01 | $261,700 (8.0%) | $271,145 (8.3%) | 0.00 | 403 |
| 2020-02-01 | $264,900 (6.6%) | $272,406 (5.9%) | 0.00 | 396 |
| 2020-03-01 | $265,000 (6.5%) | $272,008 (3.5%) | 0.00 | 411 |
| 2020-04-01 | $259,900 (4.0%) | $269,764 (0.7%) | 0.00 | 422 |
| 2020-05-01 | $269,000 (7.6%) | $278,310 (3.2%) | 0.00 | 391 |
| 2020-06-01 | $272,250 (8.9%) | $288,172 (6.2%) | 0.00 | 328 |
| 2020-07-01 | $265,000 (4.5%) | $288,921 (3.6%) | 0.00 | 284 |
| 2020-08-01 | $275,000 (4.1%) | $296,861 (5.1%) | 0.00 | 247 |
| 2020-09-01 | $275,150 (2.1%) | $299,994 (5.7%) | 0.00 | 213 |
| 2020-10-01 | $288,000 (6.7%) | $317,533 (12.3%) | 0.00 | 189 |
| 2020-11-01 | $289,450 (7.6%) | $320,566 (15.8%) | 0.00 | 169 |
| 2020-12-01 | $275,000 (2.2%) | $295,543 (7.9%) | 0.00 | 169 |
| 2021-01-01 | $275,000 (5.1%) | $298,438 (10.1%) | 0.00 | 142 |
| 2021-02-01 | $270,000 (1.9%) | $299,234 (9.9%) | 0.00 | 137 |
| 2021-03-01 | $289,950 (9.4%) | $316,566 (16.4%) | 0.00 | 136 |
| 2021-04-01 | $292,000 (12.4%) | $313,610 (16.3%) | 0.00 | 122 |
| 2021-05-01 | $279,000 (3.7%) | $312,237 (12.2%) | 0.00 | 120 |
| 2021-06-01 | $272,450 (0.1%) | $320,294 (11.2%) | 0.00 | 129 |
| 2021-07-01 | $279,250 (5.4%) | $324,436 (12.3%) | 0.00 | 148 |
| 2021-08-01 | $282,500 (2.7%) | $342,419 (15.4%) | 0.00 | 161 |
| 2021-09-01 | $304,500 (10.7%) | $356,751 (18.9%) | 0.00 | 171 |
| 2021-10-01 | $349,900 (21.5%) | $356,354 (12.2%) | 0.00 | 175 |
| 2021-11-01 | $345,000 (19.2%) | $347,171 (8.3%) | 0.00 | 168 |
| 2021-12-01 | $315,500 (14.7%) | $329,550 (11.5%) | 0.00 | 139 |
| 2022-01-01 | $315,000 (14.6%) | $327,839 (9.9%) | 0.00 | 146 |
| 2022-02-01 | $337,490 (25.0%) | $350,168 (17.0%) | 0.00 | 148 |
| 2022-03-01 | $325,000 (12.1%) | $336,191 (6.2%) | 0.00 | 156 |
| 2022-04-01 | $345,000 (18.2%) | $337,957 (7.8%) | 0.00 | 157 |
| 2022-05-01 | $350,000 (25.5%) | $348,435 (11.6%) | 0.00 | 169 |
| 2022-06-01 | $365,000 (34.0%) | $365,985 (14.3%) | 0.00 | 198 |
Elizabeth City's median listing price comes in at 0% of the national average.
Elizabeth City's average listing price for 2022-06-01 was $365,985, a difference of $45,691 (14.3%) versus the prior year and $17,550 versus the prior month.
For the 2022-06-01 period, Elizabeth City had 198 MLS listings, a difference of 29 listings (17%) versus the prior month and 69 listings (53%) 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 | 2,155 sqft |
| 2018-02-01 | 0 days | 2,155 sqft |
| 2018-03-01 | 0 days | 2,153 sqft |
| 2018-04-01 | 0 days | 2,152 sqft |
| 2018-05-01 | 0 days | 2,173 sqft |
| 2018-06-01 | 0 days | 2,123 sqft |
| 2018-07-01 | 0 days | 2,104 sqft |
| 2018-08-01 | 0 days | 2,170 sqft |
| 2018-09-01 | 0 days | 2,150 sqft |
| 2018-10-01 | 0 days | 2,160 sqft |
| 2018-11-01 | 0 days | 2,167 sqft |
| 2018-12-01 | 0 days | 2,150 sqft |
| 2019-01-01 | 0 days | 2,160 sqft |
| 2019-02-01 | 0 days | 2,158 sqft |
| 2019-03-01 | 0 days | 2,155 sqft |
| 2019-04-01 | 0 days | 2,150 sqft |
| 2019-05-01 | 0 days | 2,157 sqft |
| 2019-06-01 | 0 days | 2,170 sqft |
| 2019-07-01 | 0 days | 2,156 sqft |
| 2019-08-01 | 0 days | 2,171 sqft |
| 2019-09-01 | 0 days | 2,176 sqft |
| 2019-10-01 | 0 days | 2,153 sqft |
| 2019-11-01 | 0 days | 2,190 sqft |
| 2019-12-01 | 0 days | 2,204 sqft |
| 2020-01-01 | 0 days | 2,198 sqft |
| 2020-02-01 | 0 days | 2,156 sqft |
| 2020-03-01 | 0 days | 2,153 sqft |
| 2020-04-01 | 0 days | 2,153 sqft |
| 2020-05-01 | 0 days | 2,166 sqft |
| 2020-06-01 | 0 days | 2,285 sqft |
| 2020-07-01 | 0 days | 2,212 sqft |
| 2020-08-01 | 0 days | 2,224 sqft |
| 2020-09-01 | 0 days | 2,094 sqft |
| 2020-10-01 | 0 days | 2,150 sqft |
| 2020-11-01 | 0 days | 2,066 sqft |
| 2020-12-01 | 0 days | 2,046 sqft |
| 2021-01-01 | 0 days | 2,038 sqft |
| 2021-02-01 | 0 days | 2,265 sqft |
| 2021-03-01 | 0 days | 2,190 sqft |
| 2021-04-01 | 0 days | 2,079 sqft |
| 2021-05-01 | 0 days | 1,944 sqft |
| 2021-06-01 | 0 days | 1,955 sqft |
| 2021-07-01 | 0 days | 1,795 sqft |
| 2021-08-01 | 0 days | 2,109 sqft |
| 2021-09-01 | 0 days | 2,217 sqft |
| 2021-10-01 | 0 days | 2,294 sqft |
| 2021-11-01 | 0 days | 2,145 sqft |
| 2021-12-01 | 0 days | 2,039 sqft |
| 2022-01-01 | 0 days | 2,096 sqft |
| 2022-02-01 | 0 days | 2,114 sqft |
| 2022-03-01 | 0 days | 2,114 sqft |
| 2022-04-01 | 0 days | 2,140 sqft |
| 2022-05-01 | 0 days | 2,126 sqft |
| 2022-06-01 | 0 days | 2,175 sqft |
Elizabeth City's median square footage for active listings during the 2022-06-01 period was 2,175 sqft. One year prior, the average listing was 1,955 sqft.
