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 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%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
GUILD MORTGAGE COMPANY 131 5.03% $8,666
QUICKEN LOANS, LLC 66 4.95% $7,495
BROKER SOLUTIONS, INC. 39 5.19% $9,714
ACADEMY MORTGAGE CORPORATION 36 5.10% $7,572
CMG MORTGAGE, INC. 29 5.52% $6,720
GREATER NEVADA LLC 23 4.88% $4,571
Wells Fargo Bank 23 4.70% $5,863
Zions Bank 18 4.70% $3,554
U.S. Bank 15 4.12% $2,732
CRESCENT MORTGAGE COMPANY 13 4.20% $6,442
CITYWIDE HOME LOANS, LLC 11 5.26% $10,106
UNITED WHOLESALE MORTGAGE, LLC 9 5.08% $6,237
Mr. Cooper ( Nationstar Mortgage ) 8 4.93% $8,679
FREEDOM MORTGAGE CORPORATION 7 3.91% $6,130
AMERISAVE MORTGAGE CORPORATION 7 4.14% $8,492
UNITED 7 5.11% $4,917
MOVEMENT MORTGAGE, LLC 7 4.26% $5,250
LOANDEPOT.COM, LLC 7 4.21% $8,951
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.00% $7,068
PENNYMAC LOAN SERVICES, LLC 5 4.22% $6,630
Operating Engineers Local Union #3 5 4.23% $3,415
SECURITYNATIONAL MORTGAGE COMPANY 4 5.31% $6,790
PACIFIC RESIDENTIAL MORTGAGE, LLC 4 6.44% $8,940
FINANCE OF AMERICA MORTGAGE LLC 4 4.09% $4,478
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 4.75% $9,653
Flagstar Bank, FSB 4 4.81% $3,677
21ST MORTGAGE CORPORATION 3 7.40% $5,652
CALIBER HOME LOANS, INC. 3 5.38% $3,790
MOUNTAIN AMERICA 3 5.46% $6,954
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 5.58% $10,611
ZILLOW HOME LOANS, LLC 2 4.50% $4,392
RESIDENTIAL BANCORP 2 3.43% $3,926
CITY FIRST MORTGAGE SERVICES, L.L.C. 2 6.13% $5,195
NEWREZ LLC 2 3.75% $5,828
Washington Federal Bank 2 5.00% $6,523
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 2 4.38% $5,384
Northpointe Bank 2 3.69% $17,321
FIRST COLONY MORTGAGE CORPORATION 2 5.63% $8,166
JPMorgan Chase Bank 1 5.75% $3,224
KELLER MORTGAGE, LLC 1 3.38% $2,995
LADERA LENDING, INC. 1 4.88% $3,595
LAKEVIEW LOAN SERVICING, LLC 1 5.88% $5,568
MANN FINANCIAL INC. 1 5.00% $4,847
MID AMERICA MORTGAGE, INC. 1 7.13% $4,659
Carrington Mortgage Services, LLC 1 3.75% $7,814
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $2,589
NBKC BANK 1 5.50% $10,340
North American Savings Bank, F.S.B. 1 5.13% $595
NOVA FINANCIAL & INVESTMENT CORPORATION 1 7.25% $10,881
CARDINAL FINANCIAL 1 4.38% $4,428
CALCON MUTUAL MORTGAGE LLC 1 3.38% $4,545
Cache Valley Bank 1 5.63% $3,370
PENTAGON FEDERAL CREDIT UNION 1 4.88% $2,872
PNC Bank 1 3.38% $2,417
PREMIER MORTGAGE RESOURCES, L.L.C. 1 4.25% $6,738
American Bank and Trust Company 1 3.63% $4,387
BNC National Bank 1 3.38% $5,124
Prosperity Home Mortgage, LLC 1 5.38% $3,148
BAY EQUITY LLC 1 4.38% $4,775
S1L, Inc. 1 5.13% $7,478
Bank of Idaho 1 4.63% $12,189
SUMMIT FUNDING, INC. 1 5.50% $7,345
The Federal Savings Bank 1 5.38% $16,015
Umpqua Bank 1 5.63% $10,020
Bank of England 1 5.88% $21,451
Bank of America 1 4.38% $4,476
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.00% $5,457
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.38% $4,054
Flanagan State Bank 1 6.88% $4,701
First National Bank of America 1 7.74% $9,469
Great Southern Bank 1 5.00% $3,711
GUARANTEED RATE, INC. 1 5.75% $6,343
FBC MORTGAGE, LLC 1 4.99% $8,583
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 4.24% $7,482
HOME POINT FINANCIAL CORPORATION 1 3.75% $6,301
HOMEXPRESS MORTGAGE CORP. 1 5.38% $9,275
INTERCAP LENDING INC. 1 4.38% $4,545

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. 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 (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 for 2023-10-01 was $398,450, a difference of $-100,600 (-20.2%) versus the prior year and $-1,450 versus the prior month.

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. 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
Elko's median listing age (time on market) for 2023-10-01 was 0 days.

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.