Elko Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Elko averaged 6.19% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 6.39% and one month ago for the week of 2024-09-05, the average rate was 6.32%.

Elko's average rate one year ago was 7.46%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.32%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Elko 30 Year Fixed Rate 2024-10-10 6.19%
Elko 30 Year Fixed Rate Refi 2024-10-10 6.32%
Elko 15 Year Fixed Rate 2024-10-10 5.31%
Elko 15 Year Fixed Rate Refi 2024-10-10 5.91%
Elko 30 Year FHA 2024-10-10 6.21%
Elko 30 Year FHA Refi 2024-10-10 6%
Elko 30 Year USDA 2024-10-10 5.98%
Elko 30 Year USDA Refi 2024-10-10 5.88%
Elko 30 Year VA 2024-10-10 5.95%
Elko 30 Year VA Refi 2024-10-10 5.85%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Elko, NV.

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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
GUILD MORTGAGE COMPANY 80 6.96% $9,269
QUICKEN LOANS, LLC 24 6.65% $7,672
CMG MORTGAGE, INC. 19 6.54% $8,526
GREATER NEVADA LLC 15 6.48% $4,746
UNITED 11 6.81% $6,970
ACADEMY MORTGAGE CORPORATION 10 6.94% $10,024
PRIMARY RESIDENTIAL MORTGAGE, INC. 8 6.70% $9,236
MOVEMENT MORTGAGE, LLC 8 7.23% $7,040
ISERVE RESIDENTIAL LENDING, LLC 7 6.89% $7,988
U.S. Bank 7 6.04% $5,801
UNITED WHOLESALE MORTGAGE, LLC 6 6.81% $5,749
BROKER SOLUTIONS, INC. 6 6.43% $7,036
Mr. Cooper ( Nationstar Mortgage ) 5 6.38% $11,458
PACIFIC RESIDENTIAL MORTGAGE, LLC 5 6.75% $10,610
Zions Bank 4 7.09% $4,551
LOANDEPOT.COM, LLC 4 6.90% $8,071
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 3 7.33% $10,413
PENNYMAC LOAN SERVICES, LLC 3 6.83% $12,610
Washington Federal Bank 3 7.33% $6,473
CROSSCOUNTRY MORTGAGE, LLC 3 7.29% $6,919
Operating Engineers Local Union #3 2 5.63% $3,190
Flagstar Bank, FSB 2 7.13% $7,494
AMERISAVE MORTGAGE CORPORATION 2 6.06% $11,808
Arvest Bank 2 6.88% $6,216
AMERICAN FINANCIAL NETWORK, INC. 2 6.69% $10,977
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.24% $8,282
VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.87% $5,473
MOUNTAIN AMERICA 2 7.44% $5,428
RBC Bank, (Georgia) 2 6.13% $2,744
ON Q FINANCIAL, INC. 2 6.81% $7,414
NBKC BANK 1 6.13% $3,567
NEXERA HOLDING LLC 1 9.38% $11,521
Northpointe Bank 1 6.75% $6,291
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.88% $10,025
PENTAGON FEDERAL CREDIT UNION 1 6.88% $6,412
PREMIA MORTGAGE, LLC 1 6.63% $1,150
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $5,965
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.38% $6,817
Sierra Pacific Mortgage Company, Inc. 1 7.63% $3,638
STAR ONE CREDIT UNION 1 6.88% $2,787
SUN WEST MORTGAGE COMPANY, INC. 1 8.00% $4,876
Umpqua Bank 1 6.88% $5,750
American Mortgage & Equity Consultants, Inc. 1 7.13% $8,182
AMERICA FIRST 1 6.00% $7,359
ZILLOW HOME LOANS, LLC 1 7.25% $3,661
Cornerstone First Mortgage, Inc 1 6.88% $16,406
FIRST COMMUNITY MORTGAGE, INC. 1 5.88% $5,462
FREEDOM MORTGAGE CORPORATION 1 6.25% $14,358
CITYWIDE HOME LOANS, LLC 1 6.63% $7,217
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.63% $9,950
HSBC BANK USA, NATIONAL ASSOCIATION 1 6.56% $3,503
IDAHO CENTRAL 1 7.88% $2,908
CHURCHILL MORTGAGE CORPORATION 1 7.00% $10,145
JPMorgan Chase Bank 1 6.63% $8,045
LAKEVIEW LOAN SERVICING, LLC 1 6.50% $10,012
21ST MORTGAGE CORPORATION 1 7.80% $4,983
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.88% $8,829
Mortgage Research Center, LLC 1 7.63% $5,030
BETTER MORTGAGE CORPORATION 1 5.75% $6,619

Elko Average Closing Costs & Other Stats

Elko, NV's 59 lenders originated 894 loans during 2023. The total origination value was $230,590,000, with an average loan value of $257,931.

Elko's average closing costs are $6,900.

The top Elko lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 80 loans originated. Their average total fees are $9,269, which is $1,597 higher than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Elko lenders (with over 10 loans originated) are GREATER NEVADA LLC ($4,746), UNITED ($6,970), QUICKEN LOANS, LLC ($7,672), CMG MORTGAGE, INC. ($8,526) and GUILD MORTGAGE COMPANY ($9,269).

The lowest rate Elko lenders (with over 10 loans originated) are GREATER NEVADA LLC (6.48%), CMG MORTGAGE, INC. (6.54%), QUICKEN LOANS, LLC (6.65%), UNITED (6.81%) and ACADEMY MORTGAGE CORPORATION (6.94%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
GUILD MORTGAGE COMPANY $62,945,000 $56,820,000 -9.7% 24.6%
CMG MORTGAGE, INC. $23,355,000 $16,330,000 -30.1% 7.1%
QUICKEN LOANS, LLC $27,295,000 $15,700,000 -42.5% 6.8%
BROKER SOLUTIONS, INC. $30,240,000 $12,290,000 -59.4% 5.3%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,405,000 $11,475,000 716.7% 5.0%
MOVEMENT MORTGAGE, LLC $6,510,000 $11,215,000 72.3% 4.9%
ISERVE RESIDENTIAL LENDING, LLC $5,430,000 $10,760,000 98.2% 4.7%
ACADEMY MORTGAGE CORPORATION $19,300,000 $8,360,000 -56.7% 3.6%
UNITED WHOLESALE MORTGAGE, LLC $5,265,000 $7,250,000 37.7% 3.1%
GREATER NEVADA LLC $14,320,000 $6,830,000 -52.3% 3.0%
PACIFIC RESIDENTIAL MORTGAGE, LLC $2,925,000 $4,790,000 63.8% 2.1%
PENNYMAC LOAN SERVICES, LLC $3,375,000 $4,250,000 25.9% 1.8%
UNITED $2,515,000 $4,035,000 60.4% 1.7%
U.S. Bank $5,835,000 $2,880,000 -50.6% 1.2%
LOANDEPOT.COM, LLC $3,270,000 $2,595,000 -20.6% 1.1%
GUARANTEED RATE, INC. $640,000 $2,420,000 278.1% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,570,000 $2,215,000 -38.0% 1.0%
Century Mortgage Company DBA Century Lending Company $2,100,000 n/a 0.9%
Zions Bank $8,045,000 $2,100,000 -73.9% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $300,000 $2,035,000 578.3% 0.9%
Mortgage Research Center, LLC $5,975,000 $1,990,000 -66.7% 0.9%
AMERISAVE MORTGAGE CORPORATION $3,410,000 $1,970,000 -42.2% 0.9%
SUMMIT FUNDING, INC. $680,000 $1,880,000 176.5% 0.8%
SECURITY SERVICE $1,805,000 n/a 0.8%
AMERICA FIRST $1,200,000 $1,685,000 40.4% 0.7%
MOUNTAIN AMERICA $1,510,000 $1,535,000 1.7% 0.7%
Wells Fargo Bank $9,520,000 $1,370,000 -85.6% 0.6%
Washington Federal Bank $2,005,000 $1,335,000 -33.4% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $3,200,000 $1,315,000 -58.9% 0.6%
ON Q FINANCIAL, INC. $1,265,000 n/a 0.5%
NEWREZ LLC $1,015,000 $1,250,000 23.2% 0.5%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,185,000 n/a 0.5%
VILLAGE CAPITAL MORTGAGE $885,000 $990,000 11.9% 0.4%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $1,505,000 $955,000 -36.5% 0.4%
ZILLOW HOME LOANS, LLC $905,000 $930,000 2.8% 0.4%
Flagstar Bank, FSB $1,235,000 $925,000 -25.1% 0.4%
Operating Engineers Local Union #3 $1,575,000 $805,000 -48.9% 0.3%
SUN WEST MORTGAGE COMPANY, INC. $805,000 n/a 0.3%
AMERICAN FINANCIAL NETWORK, INC. $780,000 n/a 0.3%
Arvest Bank $780,000 n/a 0.3%
RBC Bank, (Georgia) $740,000 n/a 0.3%
Magnolia Bank $755,000 $650,000 -13.9% 0.3%
21ST MORTGAGE CORPORATION $700,000 $635,000 -9.3% 0.3%
NBKC BANK $325,000 $620,000 90.8% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $370,000 $585,000 58.1% 0.3%
CITYWIDE HOME LOANS, LLC $6,455,000 $570,000 -91.2% 0.2%
CITY FIRST MORTGAGE SERVICES, L.L.C. $1,280,000 $510,000 -60.2% 0.2%
Cornerstone First Mortgage, Inc $485,000 n/a 0.2%
Discover Bank $110,000 $470,000 327.3% 0.2%
LAKEVIEW LOAN SERVICING, LLC $965,000 $460,000 -52.3% 0.2%
NFM, INC. $455,000 n/a 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,160,000 $440,000 -79.6% 0.2%
NAVY FEDERAL CREDIT UNION $1,710,000 $435,000 -74.6% 0.2%
The Loan Store, Inc. $430,000 n/a 0.2%
CARDINAL FINANCIAL $590,000 $395,000 -33.1% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $380,000 n/a 0.2%
INFINITY EQUITY GROUP, INC. $365,000 n/a 0.2%
FREEDOM MORTGAGE CORPORATION $7,160,000 $355,000 -95.0% 0.2%
USAA Federal Savings Bank $925,000 $355,000 -61.6% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $1,055,000 $350,000 -66.8% 0.2%
Barrington Bank & Trust Company, N.A. $485,000 $345,000 -28.9% 0.1%
American Mortgage & Equity Consultants, Inc. $335,000 n/a 0.1%
CRESCENT MORTGAGE COMPANY $4,045,000 $335,000 -91.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $600,000 $335,000 -44.2% 0.1%
FINANCE OF AMERICA REVERSE LLC $185,000 $325,000 75.7% 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $325,000 n/a 0.1%
Equity Prime Mortgage LLC $315,000 n/a 0.1%
JPMorgan Chase Bank $740,000 $305,000 -58.8% 0.1%
Northpointe Bank $1,295,000 $305,000 -76.4% 0.1%
TOP FLITE FINANCIAL, INC. $245,000 $305,000 24.5% 0.1%
Bank of America $460,000 $295,000 -35.9% 0.1%
PREMIA MORTGAGE, LLC $465,000 $295,000 -36.6% 0.1%
Umpqua Bank $475,000 $285,000 -40.0% 0.1%
NEXERA HOLDING LLC $275,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $535,000 $250,000 -53.3% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $355,000 $245,000 -31.0% 0.1%
Plains Commerce Bank $245,000 n/a 0.1%
The Federal Savings Bank $1,725,000 $245,000 -85.8% 0.1%
Carrington Mortgage Services, LLC $765,000 $235,000 -69.3% 0.1%
Nations Lending Corporation $615,000 $235,000 -61.8% 0.1%
Paramount Residential Mortgage Group, Inc. $235,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $225,000 n/a 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $215,000 n/a 0.1%
VERITAS FUNDING, LLC $215,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $2,120,000 $205,000 -90.3% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $195,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $195,000 n/a 0.1%
STAR ONE CREDIT UNION $195,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $175,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $165,000 n/a 0.1%
Figure Lending LLC $685,000 $165,000 -75.9% 0.1%
Sierra Pacific Mortgage Company, Inc. $135,000 $155,000 14.8% 0.1%
AFFINITY $105,000 n/a 0.0%
Bethpage Federal Credit Union $85,000 n/a 0.0%
ALLIANT CREDIT UNION $65,000 $75,000 15.4% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,030,000 $75,000 -92.7% 0.0%
HomeTrust Bank $75,000 n/a 0.0%
IDAHO CENTRAL $75,000 n/a 0.0%
UTAH FIRST $65,000 n/a 0.0%
Firefighters First Federal Credit Union $25,000 n/a 0.0%

Elko's top lender by overall market share is GUILD MORTGAGE COMPANY, with 24.6% market share. In second place, with 7.1%, is CMG MORTGAGE, INC., having originated $16,330,000 in loans. In third place, with 6.8%, is QUICKEN LOANS, LLC, having originated $15,700,000 in loans. In fourth place, with 5.3%, is BROKER SOLUTIONS, INC., having originated $12,290,000 in loans. In fifth place, with 5.0%, is PRIMARY RESIDENTIAL MORTGAGE, INC., having originated $11,475,000 in loans.


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

Realtor.com - Elko (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 $269,590 (10.0%) $296,216 (11.8%) 0.00 219
2018-02-01 $265,900 (9.7%) $297,420 (12.5%) 0.00 225
2018-03-01 $268,780 (8.1%) $295,521 (11.3%) 0.00 213
2018-04-01 $270,150 (8.8%) $301,604 (13.1%) 0.00 186
2018-05-01 $278,188 (11.4%) $317,948 (17.3%) 0.00 182
2018-06-01 $277,375 (7.1%) $303,848 (9.9%) 0.00 188
2018-07-01 $279,950 (7.7%) $303,503 (9.7%) 0.00 212
2018-08-01 $274,635 (5.7%) $296,641 (5.0%) 0.00 219
2018-09-01 $272,500 (4.9%) $291,198 (0.6%) 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 $296,729 (10.4%) $324,659 (9.9%) 0.00 184
2019-04-01 $294,600 (9.1%) $333,477 (10.6%) 0.00 215
2019-05-01 $288,175 (3.6%) $315,154 (-0.9%) 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 (6.3%) $318,477 (-1.9%) 0.00 186
2020-04-01 $318,963 (8.3%) $325,103 (-2.5%) 0.00 169
2020-05-01 $337,900 (17.3%) $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%) $454,851 (12.7%) 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 (2.9%) 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
2023-11-01 $384,700 (-20.7%) $405,930 (-15.4%) 0.00 177
2023-12-01 $406,500 (-16.2%) $407,982 (-13.4%) 0.00 154
2024-01-01 $419,250 (-12.0%) $406,705 (-12.2%) 0.00 158
2024-02-01 $420,000 (-13.2%) $389,214 (-16.9%) 0.00 152
2024-03-01 $399,000 (-25.0%) $387,865 (-24.1%) 0.00 150
2024-04-01 $390,425 (-25.6%) $377,230 (-25.8%) 0.00 149
2024-05-01 $435,000 (-16.0%) $404,700 (-18.4%) 0.00 153
2024-06-01 $427,450 (-14.9%) $389,991 (-22.3%) 0.00 162
2024-07-01 $429,900 (-2.3%) $405,614 (-3.9%) 0.00 162
2024-08-01 $430,000 (6.9%) $417,724 (0.8%) 0.00 169
2024-09-01 $410,500 (2.7%) $417,563 (1.5%) 0.00 174
Elko's median listing price for 2024-09-01 was $410,500, a difference of $10,600 (2.7%) versus the prior year and $-19,500 versus the prior month.

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

Elko's average listing price for 2024-09-01 was $417,563, a difference of $6,074 (1.5%) versus the prior year and $-161 versus the prior month.

For the 2024-09-01 period, Elko had 174 MLS listings, a difference of 5 listings (3%) versus the prior month and -10 listings (-5%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Elko (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,990 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
2023-11-01 0 days 2,114 sqft
2023-12-01 0 days 2,200 sqft
2024-01-01 0 days 2,236 sqft
2024-02-01 0 days 2,157 sqft
2024-03-01 0 days 2,156 sqft
2024-04-01 0 days 2,024 sqft
2024-05-01 0 days 2,189 sqft
2024-06-01 0 days 2,229 sqft
2024-07-01 0 days 2,297 sqft
2024-08-01 0 days 2,225 sqft
2024-09-01 0 days 2,227 sqft
Elko's median listing age (time on market) for 2024-09-01 was 0 days.

Elko's median square footage for active listings during the 2024-09-01 period was 2,227 sqft. One year prior, the average listing was 2,190 sqft.

Elko, NV Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 664 $190,910,000 $287,515
Cash Out Refi 107 $21,555,000 $201,449
Refi 43 $11,425,000 $265,698
Home Improvement 42 $3,550,000 $84,524
Other 38 $3,150,000 $82,895

Elko's most frequently cited loan purpose was Home Purchase, with 664 originations. The 2nd most popular reason was Cash Out Refi, with 107 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 357 $106,035,000 $297,017
7-8% 253 $73,995,000 $292,470
Over 8% 116 $12,610,000 $108,707
5-6% 115 $35,285,000 $306,826
<2.5% 34 $350,000 $10,294
4-5% 6 $1,440,000 $240,000
3-4% 3 $315,000 $105,000
2.5-3% 2 $460,000 $230,000

During 2023, Elko's most frequently originated rate bucket was 6-7%, with 357 originations.

Loan Sizing (Elko, NV MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 528 $157,020,000 $297,386
$100,000 or less 148 $6,590,000 $44,527
$100k-200k 117 $17,965,000 $153,547
$400k-600k 93 $42,615,000 $458,226
$600k-1000k 7 $4,595,000 $656,429
$Over $1MM 1 $1,805,000 $1,805,000

Elko's loan sizing saw the bucket of loans from $200k-400k with 528 originations, totaling $157,020,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 506 $161,140,000 $318,458
60-80% 145 $39,385,000 $271,621
Under 20% 114 $4,090,000 $35,877
20-40% 58 $8,250,000 $142,241
40-60% 49 $10,085,000 $205,816
Over 100% 20 $7,180,000 $359,000

Elko's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 506 originations, totaling $161,140,000 in origination value.