Enterprise Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Enterprise averaged 7.23% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

    The average rate for the prior week (2023-09-07) was 7.17% and one month ago for the week of 2023-08-10, the average rate was 6.71%.

    Enterprise's average rate one year ago was 5.84%.

    For refis of the same type during the week of 2023-09-14, the average rate was 7.08%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-14 7.18%
    Enterprise 30 Year Fixed Rate 2023-09-14 7.23%
    Enterprise 30 Year Fixed Rate Refi 2023-09-14 7.08%
    Enterprise 15 Year Fixed Rate 2023-09-14 6.71%
    Enterprise 15 Year Fixed Rate Refi 2023-09-14 6.51%
    Enterprise 30 Year FHA 2023-09-14 6.58%
    Enterprise 30 Year FHA Refi 2023-09-14 7.19%
    Enterprise 30 Year USDA 2023-09-14 7.08%
    Enterprise 30 Year USDA Refi 2023-09-14 6.88%
    Enterprise 30 Year VA 2023-09-14 6.17%
    Enterprise 30 Year VA Refi 2023-09-14 6.81%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Enterprise, AL.

    Enterprise 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 Enterprise, AL 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
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 31 4.81% $4,508
    QUICKEN LOANS, LLC 30 5.26% $4,717
    River Bank & Trust 23 4.93% $1,773
    ENVOY MORTGAGE, LTD 19 5.01% $4,732
    Wells Fargo Bank 18 4.92% $2,811
    Renasant Bank 17 4.57% $4,206
    Mortgage Research Center, LLC 13 5.72% $2,788
    Nations Lending Corporation 12 5.34% $5,122
    GUILD MORTGAGE COMPANY 10 4.26% $4,058
    Regions Bank 9 5.26% $3,698
    Troy Bank and Trust Company 9 4.75% $2,098
    NAVY FEDERAL CREDIT UNION 8 5.22% $2,586
    BankPlus 8 4.66% $4,108
    INTERLINC MORTGAGE SERVICES, LLC 6 5.40% $2,094
    MORTGAGE INVESTORS GROUP, INC. 5 4.88% $4,222
    Synovus Bank 4 5.16% $4,066
    FREEDOM MORTGAGE CORPORATION 4 5.13% $5,102
    GUARANTEED RATE, INC. 4 5.51% $3,668
    PENNYMAC LOAN SERVICES, LLC 4 4.69% $4,906
    UNITED WHOLESALE MORTGAGE, LLC 4 5.31% $6,309
    Hometown Lenders, Inc. 3 5.25% $5,956
    MOVEMENT MORTGAGE, LLC 3 5.87% $4,098
    AMERICAN FINANCING CORPORATION 3 5.87% $5,164
    Ameris Bank 3 5.41% $4,302
    UNION HOME MORTGAGE CORP. 3 3.79% $5,278
    Ixonia Bank 3 5.54% $4,001
    Five Star Credit Union 3 5.08% $5,110
    Consumer First Mortgage, Inc. 3 3.29% $3,348
    BROKER SOLUTIONS, INC. 3 4.11% $7,351
    LOANDEPOT.COM, LLC 3 3.88% $2,791
    CALIBER HOME LOANS, INC. 2 5.54% $5,025
    Trustmark National Bank 2 4.69% $3,699
    LAKEVIEW LOAN SERVICING, LLC 2 4.31% $2,652
    FirstBank 2 5.00% $5,439
    U.S. Bank 2 5.38% $3,101
    HOMESIDE FINANCIAL, LLC 2 5.50% $4,536
    HOMESTAR FINANCIAL CORPORATION 2 5.50% $5,894
    AMERISAVE MORTGAGE CORPORATION 2 4.18% $5,087
    Mr. Cooper ( Nationstar Mortgage ) 2 4.00% $11,626
    ServisFirst Bank 2 4.81% $4,811
    Bank of England 2 6.19% $4,597
    CHURCHILL MORTGAGE CORPORATION 2 6.00% $2,916
    SOUTHWEST FUNDING, LP 2 5.44% $5,064
    Armed Forces Bank 1 6.00% $3,141
    ROYAL UNITED MORTGAGE LLC 1 4.38% $6,071
    SeaTrust Mortgage Company 1 5.38% $6,386
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 4.75% $3,220
    South State Bank 1 5.38% $3,834
    ALL IN 1 5.38% $4,091
    AmeriHome Mortgage Company, LLC 1 3.75% $3,018
    Truist 1 3.49% $3,182
    ZILLOW HOME LOANS, LLC 1 4.50% $3,185
    DIRECT MORTGAGE LOANS, LLC 1 3.88% $3,663
    Citizens Bank 1 3.75% $2,814
    Fifth Third Bank 1 6.63% $3,636
    First Federal Bank 1 4.63% $3,331
    First Home Bank 1 6.00% $3,380
    Flagstar Bank, FSB 1 4.50% $3,375
    GMFS LLC 1 4.13% $2,950
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.63% $3,588
    Hamilton Mortgage Corporation 1 7.13% $5,974
    HOME POINT FINANCIAL CORPORATION 1 3.75% $4,682
    HOMESTEAD FUNDING CORP. 1 5.50% $2,636
    JPMorgan Chase Bank 1 3.75% $2,958
    Meridian Bank Corporation 1 6.88% $3,489
    Morgan Stanley Private Bank 1 5.55% $3,398
    BETTER MORTGAGE CORPORATION 1 3.88% $2,931
    AVADIAN 1 3.00% $2,906
    NBKC BANK 1 3.88% $4,456
    NEWREZ LLC 1 5.00% $2,785
    PENTAGON FEDERAL CREDIT UNION 1 3.75% $2,102
    PHH Mortgage Corporation 1 4.25% $5,444
    Plains Commerce Bank 1 4.75% $2,791
    PNC Bank 1 4.13% $3,515
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.38% $3,416
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.00% $3,980
    Assurance Financial Group, L.L.C. 1 6.63% $4,200

    Enterprise Average Closing Costs & Other Stats

    Enterprise, AL's 77 lenders originated 1,679 loans during 2022. The total origination value was $339,375,000, with an average loan value of $202,129.

    Enterprise's average closing costs are $4,498.

    The top Enterprise lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 31 loans originated. Their average total fees are $4,508, which is $209 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Enterprise lenders (with over 10 loans originated) are River Bank & Trust ($1,773), Mortgage Research Center, LLC ($2,788), Wells Fargo Bank ($2,811), GUILD MORTGAGE COMPANY ($4,058) and Renasant Bank ($4,206).

    The lowest rate Enterprise lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (4.26%), Renasant Bank (4.57%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (4.81%), Wells Fargo Bank (4.92%) and River Bank & Trust (4.93%).

    Enterprise, AL 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
    Mortgage Research Center, LLC $95,430,000 $56,695,000 -40.6% 16.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $27,235,000 $27,235,000 0.0% 8.0%
    ENVOY MORTGAGE, LTD $23,075,000 $23,050,000 -0.1% 6.8%
    River Bank & Trust $8,555,000 $19,075,000 123.0% 5.6%
    QUICKEN LOANS, LLC $32,890,000 $15,205,000 -53.8% 4.5%
    ALL IN $5,245,000 $13,655,000 160.3% 4.0%
    Renasant Bank $20,725,000 $12,160,000 -41.3% 3.6%
    USAA Federal Savings Bank $11,230,000 $11,135,000 -0.8% 3.3%
    NAVY FEDERAL CREDIT UNION $11,025,000 $10,445,000 -5.3% 3.1%
    Wells Fargo Bank $6,835,000 $7,205,000 5.4% 2.1%
    PENNYMAC LOAN SERVICES, LLC $15,145,000 $7,015,000 -53.7% 2.1%
    Nations Lending Corporation $10,625,000 $6,515,000 -38.7% 1.9%
    Troy Bank and Trust Company $2,980,000 $6,470,000 117.1% 1.9%
    BankPlus $6,220,000 $4,745,000 -23.7% 1.4%
    GUARANTEED RATE, INC. $2,450,000 $4,180,000 70.6% 1.2%
    INTERLINC MORTGAGE SERVICES, LLC $8,840,000 $4,115,000 -53.5% 1.2%
    UNITED WHOLESALE MORTGAGE, LLC $5,275,000 $3,810,000 -27.8% 1.1%
    FREEDOM MORTGAGE CORPORATION $25,140,000 $3,655,000 -85.5% 1.1%
    LOANDEPOT.COM, LLC $7,855,000 $3,600,000 -54.2% 1.1%
    Synovus Bank $3,185,000 $3,225,000 1.3% 1.0%
    CALIBER HOME LOANS, INC. $3,375,000 $3,180,000 -5.8% 0.9%
    LAKEVIEW LOAN SERVICING, LLC $11,205,000 $3,160,000 -71.8% 0.9%
    Hometown Lenders, Inc. $5,250,000 $3,095,000 -41.0% 0.9%
    MOVEMENT MORTGAGE, LLC $480,000 $2,905,000 505.2% 0.9%
    NEW DAY FINANCIAL, LLC $5,110,000 $2,890,000 -43.4% 0.9%
    GUILD MORTGAGE COMPANY $5,975,000 $2,845,000 -52.4% 0.8%
    Regions Bank $3,185,000 $2,690,000 -15.5% 0.8%
    BROKER SOLUTIONS, INC. $1,460,000 $2,390,000 63.7% 0.7%
    Armed Forces Bank $2,310,000 n/a 0.7%
    Bank Five Nine $2,175,000 n/a 0.6%
    PENTAGON FEDERAL CREDIT UNION $3,475,000 $2,045,000 -41.2% 0.6%
    Waterstone Mortgage Corporation $3,155,000 $2,045,000 -35.2% 0.6%
    Apex Bank $1,805,000 n/a 0.5%
    UNION HOME MORTGAGE CORP. $255,000 $1,770,000 594.1% 0.5%
    AMERISAVE MORTGAGE CORPORATION $3,850,000 $1,715,000 -55.5% 0.5%
    HOMESTAR FINANCIAL CORPORATION $815,000 $1,670,000 104.9% 0.5%
    CCB Community Bank $395,000 $1,650,000 317.7% 0.5%
    North American Savings Bank, F.S.B. $295,000 $1,620,000 449.2% 0.5%
    MORTGAGE INVESTORS GROUP, INC. $1,615,000 n/a 0.5%
    Northpointe Bank $415,000 $1,590,000 283.1% 0.5%
    NBKC BANK $705,000 $1,585,000 124.8% 0.5%
    Carrington Mortgage Services, LLC $2,270,000 $1,515,000 -33.3% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $4,700,000 $1,455,000 -69.0% 0.4%
    21ST MORTGAGE CORPORATION $2,440,000 $1,425,000 -41.6% 0.4%
    BNC National Bank $720,000 $1,400,000 94.4% 0.4%
    Five Star Credit Union $1,410,000 $1,375,000 -2.5% 0.4%
    VILLAGE CAPITAL MORTGAGE $4,950,000 $1,255,000 -74.6% 0.4%
    First Federal Bank $510,000 $1,215,000 138.2% 0.4%
    AMERICAN FINANCING CORPORATION $675,000 $1,170,000 73.3% 0.3%
    HOME POINT FINANCIAL CORPORATION $2,370,000 $1,170,000 -50.6% 0.3%
    Ameris Bank $1,590,000 $1,130,000 -28.9% 0.3%
    The Federal Savings Bank $740,000 $1,110,000 50.0% 0.3%
    Barrington Bank & Trust Company, N.A. $1,670,000 $975,000 -41.6% 0.3%
    NEWREZ LLC $2,360,000 $925,000 -60.8% 0.3%
    UNIVERSITY LENDING GROUP, LLC $175,000 $860,000 391.4% 0.3%
    TRIAD FINANCIAL SERVICES, INC. $615,000 $840,000 36.6% 0.2%
    PNC Bank $815,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $800,000 n/a 0.2%
    The First National Bank of Hartford $550,000 $760,000 38.2% 0.2%
    Bank of England $410,000 $745,000 81.7% 0.2%
    CMG MORTGAGE, INC. $915,000 $740,000 -19.1% 0.2%
    Truist $1,380,000 $670,000 -51.4% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $745,000 $660,000 -11.4% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,450,000 $655,000 -54.8% 0.2%
    The Samson Banking Company, Inc. $370,000 $650,000 75.7% 0.2%
    HOMESTEAD FUNDING CORP. $640,000 n/a 0.2%
    Plains Commerce Bank $625,000 n/a 0.2%
    SOUTHEAST MORTGAGE OF GEORGIA, INC. $625,000 n/a 0.2%
    SOUTHWEST FUNDING, LP $615,000 n/a 0.2%
    FirstBank $5,320,000 $580,000 -89.1% 0.2%
    JPMorgan Chase Bank $470,000 $565,000 20.2% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $975,000 $565,000 -42.1% 0.2%
    GMFS LLC $1,245,000 $555,000 -55.4% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $550,000 n/a 0.2%
    Flagstar Bank, FSB $340,000 $545,000 60.3% 0.2%
    ServisFirst Bank $270,000 $535,000 98.1% 0.2%
    Trustmark National Bank $335,000 $535,000 59.7% 0.2%
    Ixonia Bank $155,000 $515,000 232.3% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,035,000 $510,000 -50.7% 0.2%
    EMBRACE HOME LOANS, INC. $115,000 $505,000 339.1% 0.1%
    Morgan Stanley Private Bank $495,000 n/a 0.1%
    CORNERSTONE HOME LENDING, INC. $485,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,075,000 $480,000 -55.3% 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $435,000 n/a 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $12,340,000 $430,000 -96.5% 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $120,000 $430,000 258.3% 0.1%
    CERTAINTY HOME LOANS, LLC $415,000 n/a 0.1%
    PeoplesSouth Bank $565,000 $410,000 -27.4% 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $400,000 n/a 0.1%
    Tyndall Federal Credit Union $940,000 $390,000 -58.5% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $935,000 $360,000 -61.5% 0.1%
    Mid-Continent Funding, Inc. $925,000 $355,000 -61.6% 0.1%
    Hamilton Mortgage Corporation $775,000 $350,000 -54.8% 0.1%
    Fifth Third Bank $345,000 n/a 0.1%
    CHERRY CREEK MORTGAGE, LLC $305,000 $340,000 11.5% 0.1%
    Consumer First Mortgage, Inc. $1,415,000 $335,000 -76.3% 0.1%
    AVADIAN $380,000 $320,000 -15.8% 0.1%
    U.S. Bank $1,305,000 $320,000 -75.5% 0.1%
    Towne Bank $315,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $1,535,000 $305,000 -80.1% 0.1%
    ZILLOW HOME LOANS, LLC $225,000 $305,000 35.6% 0.1%
    LOANLEADERS OF AMERICA, INC. $295,000 n/a 0.1%
    Guardian Credit Union $250,000 $290,000 16.0% 0.1%
    Austin Capital Bank SSB $285,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $1,045,000 $260,000 -75.1% 0.1%
    HOMESIDE FINANCIAL, LLC $575,000 $260,000 -54.8% 0.1%
    Citizens Bank $250,000 n/a 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $105,000 $245,000 133.3% 0.1%
    First Horizon Bank $210,000 $245,000 16.7% 0.1%
    MIDLAND MORTGAGE CORPORATION $235,000 n/a 0.1%
    TJC Mortgage, Inc. $655,000 $235,000 -64.1% 0.1%
    ABSOLUTE HOME MORTGAGE CORPORATION $215,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $530,000 $215,000 -59.4% 0.1%
    CONTOUR MORTGAGE CORPORATION $205,000 n/a 0.1%
    SeaTrust Mortgage Company $205,000 n/a 0.1%
    Assurance Financial Group, L.L.C. $265,000 $195,000 -26.4% 0.1%
    BancorpSouth Bank $730,000 $195,000 -73.3% 0.1%
    DIRECT MORTGAGE LOANS, LLC $185,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $290,000 $185,000 -36.2% 0.1%
    Capital Bank $335,000 $175,000 -47.8% 0.1%
    SOUTHPOINT FINANCIAL SERVICES, INC. $325,000 $175,000 -46.2% 0.1%
    HOPE FEDERAL CREDIT UNION $165,000 n/a 0.0%
    LENDINGONE, LLC $165,000 n/a 0.0%
    INTERCAP LENDING INC. $165,000 $155,000 -6.1% 0.0%
    SPRING EQ, LLC $155,000 n/a 0.0%
    ROYAL UNITED MORTGAGE LLC $310,000 $150,000 -51.6% 0.0%
    The Bank of Holly Springs $145,000 n/a 0.0%
    Low VA Rates, LLC $490,000 $135,000 -72.4% 0.0%
    PLAZA HOME MORTGAGE, INC. $125,000 n/a 0.0%
    RUOFF MORTGAGE COMPANY, INC. $125,000 n/a 0.0%
    South State Bank $95,000 $125,000 31.6% 0.0%
    STEARNS LENDING, LLC $125,000 n/a 0.0%
    AmeriHome Mortgage Company, LLC $580,000 $115,000 -80.2% 0.0%
    CSL Financial, LLC $45,000 $115,000 155.6% 0.0%
    FBC MORTGAGE, LLC $115,000 n/a 0.0%
    PHH Mortgage Corporation $145,000 $115,000 -20.7% 0.0%
    Alabama One Credit Union $105,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $75,000 $105,000 40.0% 0.0%
    LONGBRIDGE FINANCIAL, LLC $105,000 n/a 0.0%
    Meridian Bank Corporation $860,000 $105,000 -87.8% 0.0%
    Secured Investment Corp. $105,000 n/a 0.0%
    Chicago Mortgage Solutions LLC $95,000 n/a 0.0%
    First Home Bank $95,000 n/a 0.0%
    Figure Lending LLC $220,000 $70,000 -68.2% 0.0%
    Discover Bank $85,000 $55,000 -35.3% 0.0%

    Enterprise's top lender by overall market share is Mortgage Research Center, LLC, with 16.7% market share. In second place, with 8.0%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $27,235,000 in loans. In third place, with 6.8%, is ENVOY MORTGAGE, LTD, having originated $23,050,000 in loans. In fourth place, with 5.6%, is River Bank & Trust, having originated $19,075,000 in loans. In fifth place, with 4.5%, is QUICKEN LOANS, LLC, having originated $15,205,000 in loans.

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

    Realtor.com - Enterprise (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 $169,400 (8.7%) $185,348 (0.3%) 0.00 355
    2018-02-01 $167,150 (3.4%) $184,757 (-0.4%) 0.00 366
    2018-03-01 $173,375 (7.9%) $190,528 (3.9%) 0.00 383
    2018-04-01 $171,250 (4.5%) $188,386 (0.2%) 0.00 404
    2018-05-01 $170,800 (0.5%) $196,370 (2.0%) 0.00 475
    2018-06-01 $169,000 (-0.9%) $192,333 (1.3%) 0.00 413
    2018-07-01 $169,650 (-3.1%) $193,532 (1.6%) 0.00 408
    2018-08-01 $175,000 (1.8%) $193,610 (2.6%) 0.00 409
    2018-09-01 $179,900 (6.0%) $198,643 (6.6%) 0.00 390
    2018-10-01 $178,625 (6.1%) $200,554 (8.1%) 0.00 371
    2018-11-01 $179,475 (5.9%) $202,556 (8.5%) 0.00 360
    2018-12-01 $178,500 (6.2%) $200,909 (9.0%) 0.00 363
    2019-01-01 $178,950 (5.6%) $200,474 (8.2%) 0.00 345
    2019-02-01 $177,375 (6.1%) $200,065 (8.3%) 0.00 347
    2019-03-01 $177,143 (2.2%) $203,815 (7.0%) 0.00 337
    2019-04-01 $176,480 (3.1%) $211,442 (12.2%) 0.00 333
    2019-05-01 $178,500 (4.5%) $213,451 (8.7%) 0.00 326
    2019-06-01 $174,950 (3.5%) $214,771 (11.7%) 0.00 314
    2019-07-01 $178,900 (5.5%) $216,926 (12.1%) 0.00 314
    2019-08-01 $180,382 (3.1%) $216,831 (12.0%) 0.00 289
    2019-09-01 $181,855 (1.1%) $216,798 (9.1%) 0.00 269
    2019-10-01 $182,836 (2.4%) $217,788 (8.6%) 0.00 256
    2019-11-01 $178,500 (-0.5%) $212,218 (4.8%) 0.00 252
    2019-12-01 $178,500 (0.0%) $212,366 (5.7%) 0.00 239
    2020-01-01 $179,700 (0.4%) $212,619 (6.1%) 0.00 221
    2020-02-01 $174,950 (-1.4%) $204,985 (2.5%) 0.00 223
    2020-03-01 $169,900 (-4.1%) $207,766 (1.9%) 0.00 218
    2020-04-01 $179,000 (1.4%) $213,254 (0.9%) 0.00 207
    2020-05-01 $187,500 (5.0%) $222,647 (4.3%) 0.00 197
    2020-06-01 $203,750 (16.5%) $236,169 (10.0%) 0.00 172
    2020-07-01 $198,250 (10.8%) $237,274 (9.4%) 0.00 151
    2020-08-01 $199,975 (10.9%) $250,653 (15.6%) 0.00 142
    2020-09-01 $214,725 (18.1%) $265,396 (22.4%) 0.00 119
    2020-10-01 $213,250 (16.6%) $231,582 (6.3%) 0.00 136
    2020-11-01 $196,225 (9.9%) $220,730 (4.0%) 0.00 150
    2020-12-01 $207,375 (16.2%) $230,011 (8.3%) 0.00 151
    2021-01-01 $206,500 (14.9%) $226,841 (6.7%) 0.00 137
    2021-02-01 $195,825 (11.9%) $224,562 (9.6%) 0.00 125
    2021-03-01 $192,475 (13.3%) $238,467 (14.8%) 0.00 103
    2021-04-01 $181,000 (1.1%) $231,377 (8.5%) 0.00 95
    2021-05-01 $199,750 (6.5%) $250,639 (12.6%) 0.00 87
    2021-06-01 $223,625 (9.8%) $257,537 (9.1%) 0.00 97
    2021-07-01 $215,000 (8.5%) $256,173 (8.0%) 0.00 109
    2021-08-01 $202,450 (1.2%) $250,047 (-0.2%) 0.00 114
    2021-09-01 $195,920 (-8.8%) $243,240 (-8.4%) 0.00 104
    2021-10-01 $195,000 (-8.6%) $227,229 (-1.9%) 0.00 109
    2021-11-01 $193,724 (-1.3%) $225,961 (2.4%) 0.00 98
    2021-12-01 $193,724 (-6.6%) $228,539 (-0.6%) 0.00 87
    2022-01-01 $195,000 (-5.6%) $221,393 (-2.4%) 0.00 77
    2022-02-01 $199,000 (1.6%) $239,647 (6.7%) 0.00 63
    2022-03-01 $190,500 (-1.0%) $231,104 (-3.1%) 0.00 60
    2022-04-01 $218,750 (20.9%) $254,411 (10.0%) 0.00 56
    2022-05-01 $246,825 (23.6%) $280,397 (11.9%) 0.00 64
    2022-06-01 $292,200 (30.7%) $307,400 (19.4%) 0.00 82
    2022-07-01 $327,950 (52.5%) $324,813 (26.8%) 0.00 92
    2022-08-01 $333,625 (64.8%) $318,415 (27.3%) 0.00 93
    2022-09-01 $340,500 (73.8%) $319,901 (31.5%) 0.00 100
    2022-10-01 $347,000 (78.0%) $326,303 (43.6%) 0.00 106
    2022-11-01 $338,000 (74.5%) $327,214 (44.8%) 0.00 110
    2022-12-01 $338,000 (74.5%) $336,089 (47.1%) 0.00 110
    2023-01-01 $346,750 (77.8%) $327,688 (48.0%) 0.00 99
    2023-02-01 $347,000 (74.4%) $324,063 (35.2%) 0.00 93
    2023-03-01 $353,000 (85.3%) $337,561 (46.1%) 0.00 106
    2023-04-01 $359,000 (64.1%) $342,234 (34.5%) 0.00 113
    2023-05-01 $359,000 (45.5%) $344,300 (22.8%) 0.00 95
    2023-06-01 $359,425 (23.0%) $339,704 (10.5%) 0.00 106
    2023-07-01 $365,000 (11.3%) $336,313 (3.5%) 0.00 113
    2023-08-01 $356,450 (6.8%) $336,056 (5.5%) 0.00 124
    Enterprise's median listing price for 2023-08-01 was $356,450, a difference of $22,825 (6.8%) versus the prior year and $-8,550 versus the prior month.

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

    Enterprise's average listing price for 2023-08-01 was $336,056, a difference of $17,641 (5.5%) versus the prior year and $-257 versus the prior month.

    For the 2023-08-01 period, Enterprise had 124 MLS listings, a difference of 11 listings (10%) versus the prior month and 31 listings (33%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Enterprise (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,987 sqft
    2018-02-01 0 days 1,938 sqft
    2018-03-01 0 days 1,947 sqft
    2018-04-01 0 days 1,959 sqft
    2018-05-01 0 days 1,961 sqft
    2018-06-01 0 days 1,957 sqft
    2018-07-01 0 days 1,973 sqft
    2018-08-01 0 days 2,013 sqft
    2018-09-01 0 days 1,994 sqft
    2018-10-01 0 days 2,002 sqft
    2018-11-01 0 days 2,015 sqft
    2018-12-01 0 days 1,973 sqft
    2019-01-01 0 days 1,961 sqft
    2019-02-01 0 days 1,925 sqft
    2019-03-01 0 days 1,937 sqft
    2019-04-01 0 days 1,967 sqft
    2019-05-01 0 days 1,962 sqft
    2019-06-01 0 days 1,947 sqft
    2019-07-01 0 days 2,018 sqft
    2019-08-01 0 days 2,011 sqft
    2019-09-01 0 days 2,001 sqft
    2019-10-01 0 days 1,998 sqft
    2019-11-01 0 days 1,980 sqft
    2019-12-01 0 days 1,974 sqft
    2020-01-01 0 days 1,931 sqft
    2020-02-01 0 days 1,885 sqft
    2020-03-01 0 days 1,981 sqft
    2020-04-01 0 days 2,042 sqft
    2020-05-01 0 days 2,081 sqft
    2020-06-01 0 days 2,136 sqft
    2020-07-01 0 days 2,094 sqft
    2020-08-01 0 days 2,131 sqft
    2020-09-01 0 days 2,092 sqft
    2020-10-01 0 days 2,020 sqft
    2020-11-01 0 days 2,035 sqft
    2020-12-01 0 days 2,052 sqft
    2021-01-01 0 days 1,994 sqft
    2021-02-01 0 days 1,978 sqft
    2021-03-01 0 days 2,001 sqft
    2021-04-01 0 days 1,952 sqft
    2021-05-01 0 days 1,928 sqft
    2021-06-01 0 days 1,991 sqft
    2021-07-01 0 days 2,006 sqft
    2021-08-01 0 days 2,038 sqft
    2021-09-01 0 days 1,979 sqft
    2021-10-01 0 days 2,000 sqft
    2021-11-01 0 days 1,997 sqft
    2021-12-01 0 days 1,918 sqft
    2022-01-01 0 days 1,920 sqft
    2022-02-01 0 days 1,932 sqft
    2022-03-01 0 days 1,751 sqft
    2022-04-01 0 days 1,922 sqft
    2022-05-01 0 days 2,023 sqft
    2022-06-01 0 days 2,218 sqft
    2022-07-01 0 days 2,257 sqft
    2022-08-01 0 days 2,255 sqft
    2022-09-01 0 days 2,229 sqft
    2022-10-01 0 days 2,306 sqft
    2022-11-01 0 days 2,274 sqft
    2022-12-01 0 days 2,247 sqft
    2023-01-01 0 days 2,240 sqft
    2023-02-01 0 days 2,220 sqft
    2023-03-01 0 days 2,222 sqft
    2023-04-01 0 days 2,235 sqft
    2023-05-01 0 days 2,250 sqft
    2023-06-01 0 days 2,293 sqft
    2023-07-01 0 days 2,281 sqft
    2023-08-01 0 days 2,288 sqft
    Enterprise's median listing age (time on market) for 2023-08-01 was 0 days.

    Enterprise's median square footage for active listings during the 2023-08-01 period was 2,288 sqft. One year prior, the average listing was 2,255 sqft.

    Enterprise, AL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,075 $257,945,000 $239,949
    Refi 202 $30,980,000 $153,366
    Cash Out Refi 192 $37,300,000 $194,271
    Other 111 $7,265,000 $65,450
    Home Improvement 98 $5,770,000 $58,878
    NA 1 $115,000 $115,000

    Enterprise's most frequently cited loan purpose was Home Purchase, with 1,075 originations. The 2nd most popular reason was Refi, with 202 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 416 $86,980,000 $209,087
    4-5% 405 $87,515,000 $216,086
    3-4% 355 $74,975,000 $211,197
    6-7% 215 $38,355,000 $178,395
    2.5-3% 91 $21,975,000 $241,484
    7-8% 75 $11,505,000 $153,400
    <2.5% 48 $9,640,000 $200,833
    Over 8% 43 $3,255,000 $75,698

    During 2022, Enterprise's most frequently originated rate bucket was 5-6%, with 416 originations.

    Loan Sizing (Enterprise, AL MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 632 $177,580,000 $280,981
    $100k-200k 533 $78,495,000 $147,270
    $100,000 or less 397 $23,945,000 $60,315
    $400k-600k 108 $50,370,000 $466,389
    $600k-1000k 7 $5,005,000 $715,000
    $Over $1MM 2 $3,980,000 $1,990,000

    Enterprise's loan sizing saw the bucket of loans from $200k-400k with 632 originations, totaling $177,580,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 912 $215,690,000 $236,502
    60-80% 287 $51,525,000 $179,530
    Over 100% 130 $39,680,000 $305,231
    20-40% 112 $7,780,000 $69,464
    Under 20% 99 $3,795,000 $38,333
    40-60% 93 $13,715,000 $147,473

    Enterprise's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 912 originations, totaling $215,690,000 in origination value.