Elko Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Elko averaged
7.16%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.11% and
one month ago for the week of 2023-10-19, the
average rate was 7.4%.
Elko's average rate one year ago was 6.58%.
For refis of the same type during the week of 2023-11-22, the average rate
was 6.31%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Elko 30 Year Fixed Rate | 2023-11-22 | 7.16% |
Elko 30 Year Fixed Rate Refi | 2023-11-22 | 6.31% |
Elko 15 Year Fixed Rate | 2023-11-22 | 6.47% |
Elko 15 Year Fixed Rate Refi | 2023-11-22 | 6.77% |
Elko 30 Year FHA | 2023-11-22 | -0.14% |
Elko 30 Year FHA Refi | 2023-11-22 | -0.2% |
Elko 30 Year USDA | 2023-11-22 | 0.2% |
Elko 30 Year USDA Refi | 2023-11-22 | -0.1% |
Elko 30 Year VA | 2023-11-22 | -0.32% |
Elko 30 Year VA Refi | 2023-11-22 | -0.2% |
Elko 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 Elko, NV 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.).
Elko Average Closing Costs & Other Stats
Elko, NV's 77 lenders originated 1,293
loans during 2022. The total origination value was $345,125,000, with an average loan value of
$266,918.
Elko's average closing costs are $6,456.
The top Elko lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
131 loans originated. Their average total fees are
$8,666, which is $1,171
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Elko lenders (with over 10 loans originated) are
U.S. Bank ($2,732), Zions Bank ($3,554), GREATER NEVADA LLC ($4,571), Wells Fargo Bank ($5,863) and CRESCENT MORTGAGE COMPANY ($6,442).
The lowest rate Elko lenders (with over 10 loans originated) are
U.S. Bank (4.12%), CRESCENT MORTGAGE COMPANY (4.20%), Wells Fargo Bank (4.70%), Zions Bank (4.70%) and GREATER NEVADA LLC (4.88%).
Elko, NV 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 |
---|---|---|---|---|
GUILD MORTGAGE COMPANY | $117,190,000 | $62,945,000 | -46.3% | 18.2% |
BROKER SOLUTIONS, INC. | $41,300,000 | $30,240,000 | -26.8% | 8.8% |
QUICKEN LOANS, LLC | $68,080,000 | $27,295,000 | -59.9% | 7.9% |
CMG MORTGAGE, INC. | $31,805,000 | $23,355,000 | -26.6% | 6.8% |
ACADEMY MORTGAGE CORPORATION | $21,330,000 | $19,300,000 | -9.5% | 5.6% |
GREATER NEVADA LLC | $13,680,000 | $14,320,000 | 4.7% | 4.1% |
Arbor Realty Trust, Inc. | $12,915,000 | n/a | 3.7% | |
Wells Fargo Bank | $18,630,000 | $9,520,000 | -48.9% | 2.8% |
Zions Bancorporation, N.A. | $6,870,000 | $8,045,000 | 17.1% | 2.3% |
FREEDOM MORTGAGE CORPORATION | $27,015,000 | $7,160,000 | -73.5% | 2.1% |
MOVEMENT MORTGAGE, LLC | $27,340,000 | $6,510,000 | -76.2% | 1.9% |
CITYWIDE HOME LOANS, LLC | $9,630,000 | $6,455,000 | -33.0% | 1.9% |
Mortgage Research Center, LLC | $5,000,000 | $5,975,000 | 19.5% | 1.7% |
U.S. Bank | $16,740,000 | $5,835,000 | -65.1% | 1.7% |
ISERVE RESIDENTIAL LENDING, LLC | $5,715,000 | $5,430,000 | -5.0% | 1.6% |
UNITED WHOLESALE MORTGAGE, LLC | $3,500,000 | $5,265,000 | 50.4% | 1.5% |
CRESCENT MORTGAGE COMPANY | $7,500,000 | $4,045,000 | -46.1% | 1.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,765,000 | $3,570,000 | 102.3% | 1.0% |
AMERISAVE MORTGAGE CORPORATION | $8,610,000 | $3,410,000 | -60.4% | 1.0% |
PENNYMAC LOAN SERVICES, LLC | $13,490,000 | $3,375,000 | -75.0% | 1.0% |
LOANDEPOT.COM, LLC | $13,130,000 | $3,270,000 | -75.1% | 0.9% |
Mr. Cooper ( Nationstar Mortgage ) | $4,695,000 | $3,200,000 | -31.8% | 0.9% |
PACIFIC RESIDENTIAL MORTGAGE, LLC | $2,925,000 | n/a | 0.8% | |
UNITED | $1,420,000 | $2,515,000 | 77.1% | 0.7% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,560,000 | $2,160,000 | 38.5% | 0.6% |
LENDINGHOME FUNDING CORPORATION | $955,000 | $2,120,000 | 122.0% | 0.6% |
Washington Federal Bank | $305,000 | $2,005,000 | 557.4% | 0.6% |
FIRST COLONY MORTGAGE CORPORATION | $9,555,000 | $1,770,000 | -81.5% | 0.5% |
The Federal Savings Bank | $1,380,000 | $1,725,000 | 25.0% | 0.5% |
FINANCE OF AMERICA MORTGAGE LLC | $10,720,000 | $1,715,000 | -84.0% | 0.5% |
NAVY FEDERAL CREDIT UNION | $1,830,000 | $1,710,000 | -6.6% | 0.5% |
CALIBER HOME LOANS, INC. | $1,850,000 | $1,680,000 | -9.2% | 0.5% |
Rock Canyon Bank | $1,620,000 | n/a | 0.5% | |
Operating Engineers Local Union #3 | $1,655,000 | $1,575,000 | -4.8% | 0.5% |
MOUNTAIN AMERICA | $1,790,000 | $1,510,000 | -15.6% | 0.4% |
EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $1,505,000 | n/a | 0.4% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,030,000 | $1,405,000 | 36.4% | 0.4% |
Northpointe Bank | $960,000 | $1,295,000 | 34.9% | 0.4% |
CITY FIRST MORTGAGE SERVICES, L.L.C. | $1,280,000 | n/a | 0.4% | |
Flagstar Bank, FSB | $3,075,000 | $1,235,000 | -59.8% | 0.4% |
AMERICA FIRST | $1,990,000 | $1,200,000 | -39.7% | 0.3% |
Glacier Bank | $235,000 | $1,125,000 | 378.7% | 0.3% |
SECURITYNATIONAL MORTGAGE COMPANY | $2,200,000 | $1,055,000 | -52.0% | 0.3% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,890,000 | $1,030,000 | -64.4% | 0.3% |
NEWREZ LLC | $4,860,000 | $1,015,000 | -79.1% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $8,805,000 | $965,000 | -89.0% | 0.3% |
LOANPAL, LLC | $1,315,000 | $950,000 | -27.8% | 0.3% |
USAA Federal Savings Bank | $3,365,000 | $925,000 | -72.5% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $1,480,000 | $910,000 | -38.5% | 0.3% |
ZILLOW HOME LOANS, LLC | $450,000 | $905,000 | 101.1% | 0.3% |
VILLAGE CAPITAL MORTGAGE | $2,735,000 | $885,000 | -67.6% | 0.3% |
MID AMERICA MORTGAGE, INC. | $335,000 | $845,000 | 152.2% | 0.2% |
Bank of Idaho | $795,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $2,050,000 | $765,000 | -62.7% | 0.2% |
Magnolia Bank | $165,000 | $755,000 | 357.6% | 0.2% |
FBC MORTGAGE, LLC | $325,000 | $740,000 | 127.7% | 0.2% |
JPMorgan Chase Bank | $710,000 | $740,000 | 4.2% | 0.2% |
DIRECT MORTGAGE, CORP. | $710,000 | n/a | 0.2% | |
21ST MORTGAGE CORPORATION | $750,000 | $700,000 | -6.7% | 0.2% |
Figure Lending LLC | $500,000 | $685,000 | 37.0% | 0.2% |
SUMMIT FUNDING, INC. | $1,370,000 | $680,000 | -50.4% | 0.2% |
BNC National Bank | $645,000 | n/a | 0.2% | |
GUARANTEED RATE, INC. | $970,000 | $640,000 | -34.0% | 0.2% |
MANN FINANCIAL INC. | $480,000 | $630,000 | 31.3% | 0.2% |
Nations Lending Corporation | $1,490,000 | $615,000 | -58.7% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $600,000 | n/a | 0.2% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,850,000 | $590,000 | -79.3% | 0.2% |
North American Savings Bank, F.S.B. | $1,230,000 | $590,000 | -52.0% | 0.2% |
OCMBC, INC. | $245,000 | $570,000 | 132.7% | 0.2% |
Great Southern Bank | $555,000 | n/a | 0.2% | |
Bank of England | $545,000 | n/a | 0.2% | |
NEW DAY FINANCIAL, LLC | $1,485,000 | $545,000 | -63.3% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $955,000 | $535,000 | -44.0% | 0.2% |
CERTIFIED | $495,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $1,305,000 | $485,000 | -62.8% | 0.1% |
Umpqua Bank | $755,000 | $475,000 | -37.1% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $330,000 | $470,000 | 42.4% | 0.1% |
PREMIA MORTGAGE, LLC | $465,000 | n/a | 0.1% | |
Bank of America | $185,000 | $460,000 | 148.6% | 0.1% |
SOVEREIGN LENDING GROUP INCORPORATED | $820,000 | $460,000 | -43.9% | 0.1% |
AMERICAN FINANCING CORPORATION | $755,000 | $450,000 | -40.4% | 0.1% |
Commerce Home Mortgage, Inc. | $1,385,000 | $425,000 | -69.3% | 0.1% |
Gateway First Bank | $380,000 | $425,000 | 11.8% | 0.1% |
CALCON MUTUAL MORTGAGE LLC | $640,000 | $405,000 | -36.7% | 0.1% |
Flanagan State Bank | $385,000 | n/a | 0.1% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $220,000 | $370,000 | 68.2% | 0.1% |
NOVA FINANCIAL & INVESTMENT CORPORATION | $165,000 | $365,000 | 121.2% | 0.1% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $355,000 | n/a | 0.1% | |
RESIDENTIAL BANCORP. | $185,000 | $350,000 | 89.2% | 0.1% |
DATA MORTGAGE, INC. | $460,000 | $345,000 | -25.0% | 0.1% |
NP, Inc. | $345,000 | n/a | 0.1% | |
CIVIC FINANCIAL SERVICES, LLC | $335,000 | n/a | 0.1% | |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $335,000 | n/a | 0.1% | |
INTERCAP LENDING INC. | $3,775,000 | $335,000 | -91.1% | 0.1% |
Metro City Bank | $325,000 | n/a | 0.1% | |
NBKC BANK | $1,950,000 | $325,000 | -83.3% | 0.1% |
ONE NEVADA CREDIT UNION | $325,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $285,000 | $315,000 | 10.5% | 0.1% |
CROSSCOUNTRY MORTGAGE, LLC | $2,665,000 | $300,000 | -88.7% | 0.1% |
KELLER MORTGAGE, LLC | $285,000 | $295,000 | 3.5% | 0.1% |
American Bank and Trust Company | $285,000 | n/a | 0.1% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $285,000 | n/a | 0.1% | |
CHERRY CREEK MORTGAGE, LLC | $285,000 | n/a | 0.1% | |
PNC Bank | $450,000 | $275,000 | -38.9% | 0.1% |
HOMEXPRESS MORTGAGE CORP. | $265,000 | n/a | 0.1% | |
LADERA LENDING, INC. | $1,365,000 | $265,000 | -80.6% | 0.1% |
UNITED MORTGAGE CORP. | $265,000 | n/a | 0.1% | |
First National Bank of America | $245,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $245,000 | n/a | 0.1% | |
CLEARPATH LENDING | $745,000 | $235,000 | -68.5% | 0.1% |
UNIVERSAL MORTGAGE & FINANCE, INC. | $215,000 | n/a | 0.1% | |
PREMIER MORTGAGE RESOURCES, L.L.C. | $255,000 | $205,000 | -19.6% | 0.1% |
Prosperity Home Mortgage, LLC | $205,000 | n/a | 0.1% | |
S1L, Inc. | $205,000 | n/a | 0.1% | |
CLARK COUNTY CREDIT UNION | $200,000 | n/a | 0.1% | |
Citadel Servicing Corporation | $185,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $105,000 | $185,000 | 76.2% | 0.1% |
MUFG Union Bank | $175,000 | n/a | 0.1% | |
Cache Valley Bank | $470,000 | $155,000 | -67.0% | 0.0% |
HOMEOWNERS FINANCIAL GROUP USA, LLC | $125,000 | $155,000 | 24.0% | 0.0% |
BAY EQUITY LLC | $825,000 | $145,000 | -82.4% | 0.0% |
SPRING EQ, LLC | $135,000 | $140,000 | 3.7% | 0.0% |
Sierra Pacific Mortgage Company, Inc. | $1,970,000 | $135,000 | -93.1% | 0.0% |
GEORGIA'S OWN | $115,000 | n/a | 0.0% | |
Discover Bank | $345,000 | $110,000 | -68.1% | 0.0% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $285,000 | $105,000 | -63.2% | 0.0% |
BMO Harris Bank | $85,000 | n/a | 0.0% | |
ALLIANT CREDIT UNION | $180,000 | $65,000 | -63.9% | 0.0% |
Deseret First Credit Union | $60,000 | n/a | 0.0% | |
CITIZENS EQUITY FIRST | $55,000 | n/a | 0.0% | |
Southwest Airlines Federal Credit Union | $45,000 | n/a | 0.0% | |
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $5,315,000 | $5,000 | -99.9% | 0.0% |
Elko's top lender by overall market share is GUILD MORTGAGE COMPANY, with 18.2% market share. In second place, with 8.8%, is BROKER SOLUTIONS, INC., having originated $30,240,000 in loans. In third place, with 7.9%, is QUICKEN LOANS, LLC, having originated $27,295,000 in loans. In fourth place, with 6.8%, is CMG MORTGAGE, INC., having originated $23,355,000 in loans. In fifth place, with 5.6%, is ACADEMY MORTGAGE CORPORATION, having originated $19,300,000 in loans.
Elko Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Elko (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $269,590 (10.0%) | $296,216 (12.0%) | 0.00 | 219 |
2018-02-01 | $265,900 (9.7%) | $297,420 (12.7%) | 0.00 | 225 |
2018-03-01 | $268,780 (8.2%) | $295,521 (11.5%) | 0.00 | 213 |
2018-04-01 | $270,150 (9.0%) | $301,604 (13.4%) | 0.00 | 186 |
2018-05-01 | $278,188 (11.4%) | $317,948 (17.5%) | 0.00 | 182 |
2018-06-01 | $277,375 (7.1%) | $303,848 (10.1%) | 0.00 | 188 |
2018-07-01 | $279,950 (7.7%) | $303,503 (9.9%) | 0.00 | 212 |
2018-08-01 | $274,635 (5.7%) | $296,641 (5.2%) | 0.00 | 219 |
2018-09-01 | $272,500 (4.9%) | $291,198 (0.8%) | 0.00 | 223 |
2018-10-01 | $275,425 (4.3%) | $297,622 (1.8%) | 0.00 | 226 |
2018-11-01 | $281,950 (4.8%) | $302,270 (4.8%) | 0.00 | 211 |
2018-12-01 | $279,900 (3.9%) | $331,644 (13.3%) | 0.00 | 209 |
2019-01-01 | $281,450 (4.4%) | $298,797 (0.9%) | 0.00 | 206 |
2019-02-01 | $283,450 (6.6%) | $302,764 (1.8%) | 0.00 | 169 |
2019-03-01 | $296,643 (10.4%) | $324,438 (9.8%) | 0.00 | 184 |
2019-04-01 | $294,350 (9.0%) | $333,009 (10.4%) | 0.00 | 216 |
2019-05-01 | $287,950 (3.5%) | $314,939 (-1.0%) | 0.00 | 232 |
2019-06-01 | $289,450 (4.4%) | $306,190 (0.8%) | 0.00 | 244 |
2019-07-01 | $289,975 (3.6%) | $307,642 (1.4%) | 0.00 | 281 |
2019-08-01 | $294,608 (7.3%) | $312,024 (5.2%) | 0.00 | 272 |
2019-09-01 | $301,522 (10.7%) | $314,899 (8.1%) | 0.00 | 261 |
2019-10-01 | $305,132 (10.8%) | $316,593 (6.4%) | 0.00 | 252 |
2019-11-01 | $299,900 (6.4%) | $316,883 (4.8%) | 0.00 | 231 |
2019-12-01 | $304,475 (8.8%) | $319,614 (-3.6%) | 0.00 | 228 |
2020-01-01 | $300,200 (6.7%) | $319,032 (6.8%) | 0.00 | 215 |
2020-02-01 | $315,000 (11.1%) | $318,964 (5.4%) | 0.00 | 195 |
2020-03-01 | $315,500 (6.4%) | $318,477 (-1.8%) | 0.00 | 186 |
2020-04-01 | $318,963 (8.4%) | $325,103 (-2.4%) | 0.00 | 169 |
2020-05-01 | $337,900 (17.4%) | $344,951 (9.5%) | 0.00 | 163 |
2020-06-01 | $340,063 (17.5%) | $346,553 (13.2%) | 0.00 | 148 |
2020-07-01 | $342,225 (18.0%) | $354,209 (15.1%) | 0.00 | 132 |
2020-08-01 | $338,780 (15.0%) | $354,906 (13.7%) | 0.00 | 125 |
2020-09-01 | $350,500 (16.2%) | $361,335 (14.8%) | 0.00 | 115 |
2020-10-01 | $349,000 (14.4%) | $366,289 (15.7%) | 0.00 | 118 |
2020-11-01 | $381,500 (27.2%) | $392,985 (24.0%) | 0.00 | 130 |
2020-12-01 | $374,825 (23.1%) | $385,877 (20.7%) | 0.00 | 130 |
2021-01-01 | $375,500 (25.1%) | $382,936 (20.0%) | 0.00 | 120 |
2021-02-01 | $408,300 (29.6%) | $403,730 (26.6%) | 0.00 | 97 |
2021-03-01 | $415,000 (31.5%) | $400,468 (25.7%) | 0.00 | 102 |
2021-04-01 | $421,500 (32.2%) | $411,199 (26.5%) | 0.00 | 94 |
2021-05-01 | $392,000 (16.0%) | $411,460 (19.3%) | 0.00 | 44 |
2021-06-01 | $379,945 (11.7%) | $492,909 (42.2%) | 0.00 | 50 |
2021-07-01 | $336,450 (-1.7%) | $440,222 (24.3%) | 0.00 | 72 |
2021-08-01 | $361,000 (6.6%) | $401,185 (13.0%) | 0.00 | 80 |
2021-09-01 | $385,500 (10.0%) | $412,131 (14.1%) | 0.00 | 85 |
2021-10-01 | $416,000 (19.2%) | $432,280 (18.0%) | 0.00 | 128 |
2021-11-01 | $411,750 (7.9%) | $434,060 (10.5%) | 0.00 | 133 |
2021-12-01 | $420,000 (12.1%) | $433,308 (12.3%) | 0.00 | 126 |
2022-01-01 | $438,000 (16.6%) | $431,616 (12.7%) | 0.00 | 117 |
2022-02-01 | $462,500 (13.3%) | $455,578 (12.8%) | 0.00 | 102 |
2022-03-01 | $484,075 (16.6%) | $466,057 (16.4%) | 0.00 | 88 |
2022-04-01 | $499,000 (18.4%) | $489,485 (19.0%) | 0.00 | 78 |
2022-05-01 | $504,150 (28.6%) | $503,627 (22.4%) | 0.00 | 102 |
2022-06-01 | $499,950 (31.6%) | $487,414 (-1.1%) | 0.00 | 96 |
2022-07-01 | $513,350 (52.6%) | $501,705 (14.0%) | 0.00 | 112 |
2022-08-01 | $516,915 (43.2%) | $515,121 (28.4%) | 0.00 | 129 |
2022-09-01 | $512,350 (32.9%) | $488,317 (18.5%) | 0.00 | 143 |
2022-10-01 | $499,050 (20.0%) | $481,236 (11.3%) | 0.00 | 146 |
2022-11-01 | $485,100 (17.8%) | $480,000 (10.6%) | 0.00 | 152 |
2022-12-01 | $485,100 (15.5%) | $471,324 (8.8%) | 0.00 | 140 |
2023-01-01 | $476,275 (8.7%) | $463,342 (7.4%) | 0.00 | 122 |
2023-02-01 | $483,775 (4.6%) | $468,228 (2.8%) | 0.00 | 107 |
2023-03-01 | $532,200 (9.9%) | $511,044 (9.7%) | 0.00 | 90 |
2023-04-01 | $525,000 (5.2%) | $508,070 (3.8%) | 0.00 | 95 |
2023-05-01 | $517,900 (2.7%) | $495,656 (-1.6%) | 0.00 | 111 |
2023-06-01 | $502,450 (0.5%) | $502,003 (3.0%) | 0.00 | 130 |
2023-07-01 | $439,900 (-14.3%) | $421,925 (-15.9%) | 0.00 | 176 |
2023-08-01 | $402,250 (-22.2%) | $414,480 (-19.5%) | 0.00 | 181 |
2023-09-01 | $399,900 (-22.0%) | $411,489 (-15.7%) | 0.00 | 184 |
2023-10-01 | $398,450 (-20.2%) | $415,274 (-13.7%) | 0.00 | 178 |
Elko's median listing price comes in at 0% of the national average.
Elko's average listing price for 2023-10-01 was $415,274, a difference of $-65,962 (-13.7%) versus the prior year and $3,785 versus the prior month.
For the 2023-10-01 period, Elko had 178 MLS listings, a difference of -6 listings (-3%) versus the prior month and 32 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Elko (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,990 sqft |
2018-02-01 | 0 days | 1,980 sqft |
2018-03-01 | 0 days | 2,043 sqft |
2018-04-01 | 0 days | 1,976 sqft |
2018-05-01 | 0 days | 2,061 sqft |
2018-06-01 | 0 days | 2,041 sqft |
2018-07-01 | 0 days | 1,866 sqft |
2018-08-01 | 0 days | 1,778 sqft |
2018-09-01 | 0 days | 1,734 sqft |
2018-10-01 | 0 days | 1,750 sqft |
2018-11-01 | 0 days | 1,770 sqft |
2018-12-01 | 0 days | 1,900 sqft |
2019-01-01 | 0 days | 1,888 sqft |
2019-02-01 | 0 days | 1,882 sqft |
2019-03-01 | 0 days | 1,920 sqft |
2019-04-01 | 0 days | 1,910 sqft |
2019-05-01 | 0 days | 1,899 sqft |
2019-06-01 | 0 days | 1,900 sqft |
2019-07-01 | 0 days | 1,916 sqft |
2019-08-01 | 0 days | 1,953 sqft |
2019-09-01 | 0 days | 2,002 sqft |
2019-10-01 | 0 days | 2,035 sqft |
2019-11-01 | 0 days | 2,062 sqft |
2019-12-01 | 0 days | 2,082 sqft |
2020-01-01 | 0 days | 2,113 sqft |
2020-02-01 | 0 days | 2,016 sqft |
2020-03-01 | 0 days | 2,000 sqft |
2020-04-01 | 0 days | 2,008 sqft |
2020-05-01 | 0 days | 2,128 sqft |
2020-06-01 | 0 days | 2,115 sqft |
2020-07-01 | 0 days | 2,114 sqft |
2020-08-01 | 0 days | 2,114 sqft |
2020-09-01 | 0 days | 2,141 sqft |
2020-10-01 | 0 days | 2,114 sqft |
2020-11-01 | 0 days | 2,114 sqft |
2020-12-01 | 0 days | 2,086 sqft |
2021-01-01 | 0 days | 2,001 sqft |
2021-02-01 | 0 days | 2,220 sqft |
2021-03-01 | 0 days | 2,220 sqft |
2021-04-01 | 0 days | 2,220 sqft |
2021-05-01 | 0 days | 2,213 sqft |
2021-06-01 | 0 days | 2,256 sqft |
2021-07-01 | 0 days | 2,239 sqft |
2021-08-01 | 0 days | 2,065 sqft |
2021-09-01 | 0 days | 2,036 sqft |
2021-10-01 | 0 days | 2,114 sqft |
2021-11-01 | 0 days | 2,047 sqft |
2021-12-01 | 0 days | 2,112 sqft |
2022-01-01 | 0 days | 2,114 sqft |
2022-02-01 | 0 days | 2,204 sqft |
2022-03-01 | 0 days | 2,220 sqft |
2022-04-01 | 0 days | 2,263 sqft |
2022-05-01 | 0 days | 2,287 sqft |
2022-06-01 | 0 days | 2,290 sqft |
2022-07-01 | 0 days | 2,115 sqft |
2022-08-01 | 0 days | 2,220 sqft |
2022-09-01 | 0 days | 2,190 sqft |
2022-10-01 | 0 days | 2,182 sqft |
2022-11-01 | 0 days | 2,137 sqft |
2022-12-01 | 0 days | 2,114 sqft |
2023-01-01 | 0 days | 2,114 sqft |
2023-02-01 | 0 days | 2,190 sqft |
2023-03-01 | 0 days | 2,231 sqft |
2023-04-01 | 0 days | 2,221 sqft |
2023-05-01 | 0 days | 2,189 sqft |
2023-06-01 | 0 days | 2,186 sqft |
2023-07-01 | 0 days | 2,204 sqft |
2023-08-01 | 0 days | 2,202 sqft |
2023-09-01 | 0 days | 2,190 sqft |
2023-10-01 | 0 days | 2,127 sqft |
Elko's median square footage for active listings during the 2023-10-01 period was 2,127 sqft. One year prior, the average listing was 2,182 sqft.
Elko, NV Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 774 | $238,240,000 | $307,804 |
Cash Out Refi | 244 | $59,220,000 | $242,705 |
Refi | 179 | $38,395,000 | $214,497 |
Home Improvement | 57 | $5,505,000 | $96,579 |
Other | 39 | $3,765,000 | $96,538 |
Elko's most frequently cited loan purpose was Home Purchase, with 774 originations. The 2nd most popular reason was Cash Out Refi, with 244 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 348 | $98,060,000 | $281,782 |
3-4% | 312 | $80,640,000 | $258,462 |
4-5% | 280 | $87,480,000 | $312,429 |
6-7% | 137 | $37,545,000 | $274,051 |
2.5-3% | 72 | $17,600,000 | $244,444 |
<2.5% | 49 | $5,605,000 | $114,388 |
7-8% | 49 | $11,915,000 | $243,163 |
Over 8% | 33 | $4,085,000 | $123,788 |
During 2022, Elko's most frequently originated rate bucket was 5-6%, with 348 originations.
Loan Sizing (Elko, NV MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 749 | $214,295,000 | $286,108 |
$100k-200k | 275 | $43,755,000 | $159,109 |
$100,000 or less | 133 | $6,885,000 | $51,767 |
$400k-600k | 121 | $56,885,000 | $470,124 |
$600k-1000k | 12 | $7,650,000 | $637,500 |
$Over $1MM | 3 | $15,655,000 | $5,218,333 |
Elko's loan sizing saw the bucket of loans from $200k-400k with 749 originations, totaling $214,295,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 629 | $190,235,000 | $302,440 |
60-80% | 376 | $112,570,000 | $299,388 |
40-60% | 94 | $18,780,000 | $199,787 |
Under 20% | 93 | $4,315,000 | $46,398 |
20-40% | 65 | $7,165,000 | $110,231 |
Over 100% | 22 | $8,960,000 | $407,273 |
Elko's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 629 originations, totaling $190,235,000 in origination value.