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 7.09% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.22% and one month ago for the week of 2023-02-09, the average rate was 6.61%.

    Enterprise's average rate one year ago was 4.14%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.87%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Enterprise 30 Year Fixed Rate 2023-03-16 7.09%
    Enterprise 30 Year Fixed Rate Refi 2023-03-16 6.87%
    Enterprise 15 Year Fixed Rate 2023-03-16 6.9%
    Enterprise 15 Year Fixed Rate Refi 2023-03-16 6.17%
    Enterprise 30 Year FHA 2023-03-16 6.58%
    Enterprise 30 Year FHA Refi 2023-03-16 6.53%
    Enterprise 30 Year USDA 2023-03-16 6.6%
    Enterprise 30 Year USDA Refi 2023-03-16 6.31%
    Enterprise 30 Year VA 2023-03-16 6.09%
    Enterprise 30 Year VA Refi 2023-03-16 6.24%
    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Mortgage Research Center, LLC 51 3.04% $2,198
    QUICKEN LOANS, LLC 48 3.09% $4,544
    Renasant Bank 39 3.04% $3,017
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 37 3.22% $3,337
    ENVOY MORTGAGE, LTD 22 3.57% $3,222
    Wells Fargo Bank 18 3.22% $3,241
    Nations Lending Corporation 17 3.05% $2,691
    INTERLINC MORTGAGE SERVICES, LLC 15 3.27% $1,961
    Hometown Lenders, Inc. 15 3.50% $4,274
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 13 3.61% $3,666
    GUILD MORTGAGE COMPANY 12 3.37% $3,503
    NAVY FEDERAL CREDIT UNION 11 3.61% $2,402
    LOANDEPOT.COM, LLC 11 3.06% $3,476
    River Bank & Trust 10 3.28% $3,579
    BankPlus 9 2.88% $3,370
    Consumer First Mortgage, Inc. 8 2.66% $3,637
    FirstBank 7 3.07% $4,352
    AMERISAVE MORTGAGE CORPORATION 6 2.98% $3,978
    CALIBER HOME LOANS, INC. 5 3.27% $3,980
    CRESCENT MORTGAGE COMPANY 5 2.95% $3,672
    PENNYMAC LOAN SERVICES, LLC 5 3.12% $8,212
    Synovus Bank 5 3.30% $3,928
    BETTER MORTGAGE CORPORATION 5 3.23% $2,664
    UNITED WHOLESALE MORTGAGE, LLC 4 2.88% $6,182
    HOME POINT FINANCIAL CORPORATION 4 3.09% $3,888
    Mr. Cooper ( Nationstar Mortgage ) 4 3.59% $3,677
    Regions Bank 4 3.25% $3,551
    PENTAGON FEDERAL CREDIT UNION 3 2.50% $2,322
    Five Star Credit Union 3 3.13% $4,354
    Waterstone Mortgage Corporation 3 3.46% $3,673
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 3.75% $3,707
    Truist 3 3.12% $3,500
    FREEDOM MORTGAGE CORPORATION 3 3.08% $2,338
    Ameris Bank 3 3.04% $2,877
    ALL IN 3 3.33% $3,664
    ROYAL UNITED MORTGAGE LLC 3 3.63% $5,261
    Assurance Financial Group, L.L.C. 2 3.75% $4,093
    NEWREZ LLC 2 4.06% $4,491
    AMERICAN FINANCING CORPORATION 2 3.13% $2,741
    GUARANTEED RATE, INC. 2 2.87% $3,020
    Flagstar Bank, FSB 2 3.00% $3,988
    TJC Mortgage, Inc. 2 3.06% $4,453
    Troy Bank and Trust Company 2 5.13% $2,392
    Tyndall Federal Credit Union 2 3.00% $1,881
    MAX Credit Union 2 3.19% $3,773
    BROKER SOLUTIONS, INC. 2 3.63% $5,498
    BBVA USA 2 3.00% $3,818
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.75% $3,622
    PLANET HOME LENDING, LLC 2 3.19% $3,441
    APCO EMPLOYEES 2 3.48% $2,891
    HOMESTAR FINANCIAL CORPORATION 2 3.06% $877
    Northpointe Bank 2 3.25% $3,643
    ZILLOW HOME LOANS, LLC 1 2.63% $7,564
    Academy Bank 1 3.00% $2,156
    Ally Bank 1 3.00% $3,485
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.25% $3,835
    AVADIAN 1 2.88% $2,859
    BancorpSouth Bank 1 3.13% $11,404
    BAY EQUITY LLC 1 3.38% $3,499
    CANOPY MORTGAGE, LLC 1 2.88% $4,883
    Capital City Home Loans, LLC 1 2.75% $2,590
    Christensen Financial, Inc. 1 3.88% $4,734
    CHURCHILL MORTGAGE CORPORATION 1 3.25% $3,439
    CMG MORTGAGE, INC. 1 2.99% $4,408
    Evolve Bank & Trust 1 3.25% $2,118
    First Federal Bank 1 3.25% $3,767
    First Horizon Bank 1 3.50% $3,707
    GMFS LLC 1 3.00% $2,089
    Goldwater Bank, N.A. 1 3.25% $3,343
    Hamilton Mortgage Corporation 1 4.50% $3,761
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.50% $5,378
    HOMESIDE FINANCIAL, LLC 1 3.15% $1,874
    HOMESPIRE MORTGAGE CORPORATION 1 3.00% $3,773
    Independent Bank 1 2.99% $3,105
    KELLER MORTGAGE, LLC 1 2.88% $1,345
    LEADERONE FINANCIAL CORPORATION 1 3.50% $3,701
    Metro City Bank 1 3.75% $3,364
    Mid-Continent Funding, Inc. 1 2.88% $2,489
    MUTUAL OF OMAHA MORTGAGE, INC. 1 3.00% $6,247
    NBKC BANK 1 3.49% $3,588
    NexBank 1 2.88% $3,344
    REDSTONE Federal Credit Union 1 3.25% $2,221
    ServisFirst Bank 1 3.88% $2,803
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 3.88% $11,428
    South State Bank 1 3.50% $3,006
    TEXAS TECH 1 3.63% $3,141
    TIAA, FSB 1 2.75% $7,809
    U.S. Bank 1 2.75% $3,290
    Victorian Finance, LLC 1 3.38% $3,287
    21ST MORTGAGE CORPORATION 1 6.80% $5,966

    Enterprise Average Closing Costs & Other Stats

    Enterprise, AL's 90 lenders originated 2,433 loans during 2021. The total origination value was $481,275,000, with an average loan value of $197,811.

    Enterprise's average closing costs are $4,091.

    The top Enterprise lender as defined by loan originations is Mortgage Research Center, LLC, with 51 loans originated. Their average total fees are $2,198, which is $2,346 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Enterprise lenders (with over 10 loans originated) are INTERLINC MORTGAGE SERVICES, LLC ($1,961), Mortgage Research Center, LLC ($2,198), NAVY FEDERAL CREDIT UNION ($2,402), Nations Lending Corporation ($2,691) and Renasant Bank ($3,017).

    The lowest rate Enterprise lenders (with over 10 loans originated) are Renasant Bank (3.04%), Mortgage Research Center, LLC (3.04%), Nations Lending Corporation (3.05%), LOANDEPOT.COM, LLC (3.06%) and QUICKEN LOANS, LLC (3.09%).

    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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Mortgage Research Center, LLC $76,540,000 $95,430,000 24.7% 19.8%
    QUICKEN LOANS, LLC $33,135,000 $32,890,000 -0.7% 6.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $20,415,000 $27,235,000 33.4% 5.7%
    FREEDOM MORTGAGE CORPORATION $33,300,000 $25,140,000 -24.5% 5.2%
    ENVOY MORTGAGE, LTD $40,390,000 $23,075,000 -42.9% 4.8%
    Renasant Bank $22,090,000 $20,725,000 -6.2% 4.3%
    PENNYMAC LOAN SERVICES, LLC $7,120,000 $15,145,000 112.7% 3.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $320,000 $12,340,000 3,756.3% 2.6%
    USAA Federal Savings Bank $10,470,000 $11,230,000 7.3% 2.3%
    LAKEVIEW LOAN SERVICING, LLC $11,740,000 $11,205,000 -4.6% 2.3%
    NAVY FEDERAL CREDIT UNION $10,525,000 $11,025,000 4.8% 2.3%
    Nations Lending Corporation $13,530,000 $10,625,000 -21.5% 2.2%
    INTERLINC MORTGAGE SERVICES, LLC $2,160,000 $8,840,000 309.3% 1.8%
    River Bank & Trust $4,200,000 $8,555,000 103.7% 1.8%
    LOANDEPOT.COM, LLC $4,145,000 $7,855,000 89.5% 1.6%
    Wells Fargo Bank $6,050,000 $6,835,000 13.0% 1.4%
    BankPlus $3,830,000 $6,220,000 62.4% 1.3%
    GUILD MORTGAGE COMPANY $3,425,000 $5,975,000 74.5% 1.2%
    FirstBank $4,635,000 $5,320,000 14.8% 1.1%
    UNITED WHOLESALE MORTGAGE, LLC $2,775,000 $5,275,000 90.1% 1.1%
    Hometown Lenders, Inc. $4,445,000 $5,250,000 18.1% 1.1%
    ALL IN $4,250,000 $5,245,000 23.4% 1.1%
    NEW DAY FINANCIAL, LLC $5,575,000 $5,110,000 -8.3% 1.1%
    VILLAGE CAPITAL & INVESTMENT LLC $6,135,000 $4,950,000 -19.3% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $6,330,000 $4,700,000 -25.8% 1.0%
    AMERISAVE MORTGAGE CORPORATION $2,230,000 $3,850,000 72.6% 0.8%
    PENTAGON FEDERAL CREDIT UNION $2,810,000 $3,475,000 23.7% 0.7%
    CALIBER HOME LOANS, INC. $765,000 $3,375,000 341.2% 0.7%
    Regions Bank $6,075,000 $3,185,000 -47.6% 0.7%
    Synovus Bank $2,880,000 $3,185,000 10.6% 0.7%
    Waterstone Mortgage Corporation $3,570,000 $3,155,000 -11.6% 0.7%
    Troy Bank and Trust Company $6,460,000 $2,980,000 -53.9% 0.6%
    GUARANTEED RATE, INC. $5,175,000 $2,450,000 -52.7% 0.5%
    21ST MORTGAGE CORPORATION $1,770,000 $2,440,000 37.9% 0.5%
    HOME POINT FINANCIAL CORPORATION $1,640,000 $2,370,000 44.5% 0.5%
    NEWREZ LLC $2,015,000 $2,360,000 17.1% 0.5%
    Carrington Mortgage Services, LLC $1,185,000 $2,270,000 91.6% 0.5%
    CLEARPATH LENDING $3,650,000 $2,105,000 -42.3% 0.4%
    CRESCENT MORTGAGE COMPANY $1,190,000 $1,770,000 48.7% 0.4%
    Barrington Bank & Trust Company, N.A. $1,035,000 $1,670,000 61.4% 0.3%
    First Guaranty Mortgage Corporation $1,600,000 n/a 0.3%
    Ameris Bank $445,000 $1,590,000 257.3% 0.3%
    BETTER MORTGAGE CORPORATION $1,010,000 $1,535,000 52.0% 0.3%
    Paramount Bank $215,000 $1,520,000 607.0% 0.3%
    BROKER SOLUTIONS, INC. $1,180,000 $1,460,000 23.7% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $2,015,000 $1,450,000 -28.0% 0.3%
    Consumer First Mortgage, Inc. $1,845,000 $1,415,000 -23.3% 0.3%
    Five Star Credit Union $165,000 $1,410,000 754.5% 0.3%
    Truist Bank $830,000 $1,380,000 66.3% 0.3%
    U.S. Bank $165,000 $1,305,000 690.9% 0.3%
    ACCELERATE MORTGAGE, LLC $185,000 $1,295,000 600.0% 0.3%
    GMFS LLC $2,110,000 $1,245,000 -41.0% 0.3%
    MID AMERICA MORTGAGE, INC. $505,000 $1,080,000 113.9% 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,075,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $485,000 $1,045,000 115.5% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,760,000 $1,035,000 -41.2% 0.2%
    PLANET HOME LENDING, LLC $1,005,000 $1,025,000 2.0% 0.2%
    KELLER MORTGAGE, LLC $85,000 $1,000,000 1,076.5% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $175,000 $975,000 457.1% 0.2%
    Tyndall Federal Credit Union $3,185,000 $940,000 -70.5% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $410,000 $935,000 128.0% 0.2%
    Mid-Continent Funding, Inc. $300,000 $925,000 208.3% 0.2%
    CMG MORTGAGE, INC. $145,000 $915,000 531.0% 0.2%
    Meridian Bank Corporation $860,000 n/a 0.2%
    HOMESTAR FINANCIAL CORPORATION $265,000 $815,000 207.5% 0.2%
    Hamilton Mortgage Corporation $1,040,000 $775,000 -25.5% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $455,000 $745,000 63.7% 0.2%
    The Federal Savings Bank $2,955,000 $740,000 -75.0% 0.2%
    BancorpSouth Bank $730,000 n/a 0.2%
    BNC National Bank $165,000 $720,000 336.4% 0.1%
    APCO EMPLOYEES $300,000 $710,000 136.7% 0.1%
    NBKC BANK $855,000 $705,000 -17.5% 0.1%
    AMERICAN FINANCING CORPORATION $585,000 $675,000 15.4% 0.1%
    TJC Mortgage, Inc. $315,000 $655,000 107.9% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $630,000 $645,000 2.4% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $85,000 $615,000 623.5% 0.1%
    KS StateBank $235,000 $600,000 155.3% 0.1%
    Wyndham Capital Mortgage, Inc. $255,000 $590,000 131.4% 0.1%
    AmeriHome Mortgage Company, LLC $1,300,000 $580,000 -55.4% 0.1%
    HOMESIDE FINANCIAL, LLC $165,000 $575,000 248.5% 0.1%
    PeoplesSouth Bank $645,000 $565,000 -12.4% 0.1%
    ALLIED MORTGAGE GROUP, INC. $560,000 n/a 0.1%
    The First National Bank of Hartford $940,000 $550,000 -41.5% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $530,000 n/a 0.1%
    First Federal Bank $725,000 $510,000 -29.7% 0.1%
    CELEBRITY HOME LOANS, LLC $490,000 n/a 0.1%
    Low VA Rates, LLC $1,380,000 $490,000 -64.5% 0.1%
    Capital City Home Loans, LLC $935,000 $480,000 -48.7% 0.1%
    MOVEMENT MORTGAGE, LLC $65,000 $480,000 638.5% 0.1%
    Gateway First Bank $470,000 n/a 0.1%
    JPMorgan Chase Bank $1,115,000 $470,000 -57.8% 0.1%
    InterContinental Capital Group, Inc $1,345,000 $450,000 -66.5% 0.1%
    Northpointe Bank $415,000 n/a 0.1%
    Bank of England $715,000 $410,000 -42.7% 0.1%
    CCB Community Bank $395,000 n/a 0.1%
    Evolve Bank & Trust $395,000 n/a 0.1%
    THE MORTGAGE FIRM, INC. $395,000 n/a 0.1%
    NBH Bank $680,000 $390,000 -42.6% 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $125,000 $385,000 208.0% 0.1%
    AVADIAN $2,250,000 $380,000 -83.1% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $1,090,000 $370,000 -66.1% 0.1%
    The Samson Banking Company, Inc. $710,000 $370,000 -47.9% 0.1%
    MAX Credit Union $470,000 $350,000 -25.5% 0.1%
    NP, Inc. $810,000 $350,000 -56.8% 0.1%
    BBVA USA $280,000 $345,000 23.2% 0.1%
    NexBank $345,000 n/a 0.1%
    Flagstar Bank, FSB $940,000 $340,000 -63.8% 0.1%
    Capital Bank $335,000 n/a 0.1%
    Independent Bank $335,000 n/a 0.1%
    Trustmark National Bank $305,000 $335,000 9.8% 0.1%
    Bank of America $1,565,000 $330,000 -78.9% 0.1%
    SOUTHPOINT FINANCIAL SERVICES, INC. $195,000 $325,000 66.7% 0.1%
    Ally Bank $320,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $440,000 $310,000 -29.5% 0.1%
    CHERRY CREEK MORTGAGE, LLC $305,000 n/a 0.1%
    North American Savings Bank, F.S.B. $585,000 $295,000 -49.6% 0.1%
    RELIANCE FIRST CAPITAL, LLC $475,000 $290,000 -38.9% 0.1%
    ServisFirst Bank $325,000 $270,000 -16.9% 0.1%
    Assurance Financial Group, L.L.C. $265,000 n/a 0.1%
    REDSTONE Federal Credit Union $265,000 n/a 0.1%
    BAY EQUITY LLC $235,000 $255,000 8.5% 0.1%
    Community First National Bank $255,000 n/a 0.1%
    UNION HOME MORTGAGE CORP. $255,000 n/a 0.1%
    Guardian Credit Union $395,000 $250,000 -36.7% 0.1%
    EMM LOANS LLC $1,270,000 $245,000 -80.7% 0.1%
    MILEND, INC. $245,000 n/a 0.1%
    LEADERONE FINANCIAL CORPORATION $240,000 n/a 0.0%
    DAS Acquisition Company, LLC $145,000 $235,000 62.1% 0.0%
    HUNT MORTGAGE CORPORATION $235,000 n/a 0.0%
    Willamette Valley Bank $225,000 n/a 0.0%
    ZILLOW HOME LOANS, LLC $225,000 n/a 0.0%
    Figure Lending LLC $155,000 $220,000 41.9% 0.0%
    CityWorth Mortgage LLC $215,000 n/a 0.0%
    LENDUS, LLC $215,000 n/a 0.0%
    First Horizon Bank $195,000 $210,000 7.7% 0.0%
    TIAA, FSB $205,000 n/a 0.0%
    LIBERTY HOME MORTGAGE CORPORATION $115,000 $200,000 73.9% 0.0%
    FINANCE OF AMERICA REVERSE LLC $195,000 n/a 0.0%
    Landmark National Bank $195,000 n/a 0.0%
    METROPLEX MORTGAGE SERVICES, INC. $195,000 n/a 0.0%
    TEXAS TECH $195,000 n/a 0.0%
    Victorian Finance, LLC $195,000 n/a 0.0%
    HOMESPIRE MORTGAGE CORPORATION $185,000 n/a 0.0%
    CANOPY MORTGAGE, LLC $175,000 n/a 0.0%
    UNIVERSITY LENDING GROUP, LLC $175,000 n/a 0.0%
    FINANCE OF AMERICA COMMERCIAL LLC $95,000 $170,000 78.9% 0.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $350,000 $165,000 -52.9% 0.0%
    INTERCAP LENDING INC. $135,000 $165,000 22.2% 0.0%
    Magnolia Bank $965,000 $165,000 -82.9% 0.0%
    Listerhill Credit Union $160,000 n/a 0.0%
    Ixonia Bank $155,000 n/a 0.0%
    JAMES B. NUTTER & COMPANY $155,000 n/a 0.0%
    Academy Bank $145,000 n/a 0.0%
    PHH Mortgage Corporation $105,000 $145,000 38.1% 0.0%
    Service Federal Credit Union $145,000 n/a 0.0%
    EASTMAN $125,000 n/a 0.0%
    Goldwater Bank, N.A. $125,000 n/a 0.0%
    SouthPoint Bank $125,000 n/a 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $315,000 $120,000 -61.9% 0.0%
    Colten Mortgage, LLC $115,000 n/a 0.0%
    EMBRACE HOME LOANS, INC. $115,000 n/a 0.0%
    AMERICAN FINANCIAL RESOURCES, INC. $105,000 n/a 0.0%
    FIRST COMMUNITY MORTGAGE, INC. $245,000 $105,000 -57.1% 0.0%
    GUIDANCE RESIDENTIAL, LLC $105,000 n/a 0.0%
    AMERIFIRST FINANCIAL CORPORATION $95,000 n/a 0.0%
    Metro City Bank $95,000 n/a 0.0%
    South State Bank $235,000 $95,000 -59.6% 0.0%
    STAR ONE CREDIT UNION $95,000 n/a 0.0%
    Discover Bank $55,000 $85,000 54.5% 0.0%
    FIDELITY BANK $85,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $75,000 n/a 0.0%
    Christensen Financial, Inc. $75,000 n/a 0.0%
    GSF Mortgage Corporation $75,000 n/a 0.0%
    CSL Financial, LLC $45,000 n/a 0.0%
    1st Franklin Financial Corporation $85,000 $15,000 -82.4% 0.0%
    First Citizens Bank $135,000 $5,000 -96.3% 0.0%

    Enterprise's top lender by overall market share is Mortgage Research Center, LLC, with 19.8% market share. In second place, with 6.8%, is QUICKEN LOANS, LLC, having originated $32,890,000 in loans. In third place, with 5.7%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $27,235,000 in loans. In fourth place, with 5.2%, is FREEDOM MORTGAGE CORPORATION, having originated $25,140,000 in loans. In fifth place, with 4.8%, is ENVOY MORTGAGE, LTD, having originated $23,075,000 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%) $198,442 (6.5%) 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 (9.3%) 0.00 269
    2019-10-01 $182,836 (2.4%) $217,746 (8.6%) 0.00 255
    2019-11-01 $178,500 (-0.5%) $212,109 (4.7%) 0.00 251
    2019-12-01 $178,250 (-0.1%) $212,253 (5.7%) 0.00 238
    2020-01-01 $179,575 (0.4%) $212,497 (6.0%) 0.00 220
    2020-02-01 $173,725 (-2.1%) $204,832 (2.4%) 0.00 222
    2020-03-01 $169,900 (-4.1%) $207,619 (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 (6.4%) 0.00 136
    2020-11-01 $196,225 (9.9%) $220,730 (4.1%) 0.00 150
    2020-12-01 $207,375 (16.3%) $230,011 (8.4%) 0.00 151
    2021-01-01 $206,500 (15.0%) $226,841 (6.8%) 0.00 137
    2021-02-01 $195,825 (12.7%) $224,562 (9.6%) 0.00 125
    2021-03-01 $192,475 (13.3%) $238,467 (14.9%) 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 $325,450 (51.4%) $325,855 (27.2%) 0.00 92
    2022-08-01 $333,625 (64.8%) $319,823 (27.9%) 0.00 95
    2022-09-01 $342,000 (74.6%) $321,247 (32.1%) 0.00 101
    2022-10-01 $349,000 (79.0%) $327,138 (44.0%) 0.00 107
    2022-11-01 $337,500 (74.2%) $327,347 (44.9%) 0.00 110
    2022-12-01 $339,000 (75.0%) $336,431 (47.2%) 0.00 111
    2023-01-01 $346,750 (77.8%) $327,827 (48.1%) 0.00 99
    2023-02-01 $347,000 (74.4%) $324,126 (35.3%) 0.00 93
    Enterprise's median listing price for 2023-02-01 was $347,000, a difference of $148,000 (74.4%) versus the prior year and $250 versus the prior month.

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

    Enterprise's average listing price for 2023-02-01 was $324,126, a difference of $84,479 (35.3%) versus the prior year and $-3,701 versus the prior month.

    For the 2023-02-01 period, Enterprise had 93 MLS listings, a difference of -6 listings (-6%) versus the prior month and 30 listings (48%) 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 1,935 sqft
    2019-04-01 0 days 1,963 sqft
    2019-05-01 0 days 1,960 sqft
    2019-06-01 0 days 1,944 sqft
    2019-07-01 0 days 2,017 sqft
    2019-08-01 0 days 2,009 sqft
    2019-09-01 0 days 1,997 sqft
    2019-10-01 0 days 1,995 sqft
    2019-11-01 0 days 1,984 sqft
    2019-12-01 0 days 1,974 sqft
    2020-01-01 0 days 1,927 sqft
    2020-02-01 0 days 1,885 sqft
    2020-03-01 0 days 1,986 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 2,256 sqft
    2022-08-01 0 days 2,255 sqft
    2022-09-01 0 days 2,226 sqft
    2022-10-01 0 days 2,306 sqft
    2022-11-01 0 days 2,272 sqft
    2022-12-01 0 days 2,240 sqft
    2023-01-01 0 days 2,240 sqft
    2023-02-01 0 days 2,221 sqft
    Enterprise's median listing age (time on market) for 2023-02-01 was 0 days.

    Enterprise's median square footage for active listings during the 2023-02-01 period was 2,221 sqft. One year prior, the average listing was 1,932 sqft.

    Enterprise, AL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,259 $259,765,000 $206,326
    Refi 874 $169,060,000 $193,432
    Cash Out Refi 252 $49,090,000 $194,802
    Home Improvement 25 $1,585,000 $63,400
    Other 23 $1,775,000 $77,174

    Enterprise's most frequently cited loan purpose was Home Purchase, with 1,259 originations. The 2nd most popular reason was Refi, with 874 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 918 $195,570,000 $213,039
    3-4% 669 $118,705,000 $177,436
    <2.5% 631 $144,495,000 $228,994
    4-5% 95 $11,765,000 $123,842
    6-7% 33 $2,795,000 $84,697
    5-6% 31 $3,485,000 $112,419
    Over 8% 27 $1,745,000 $64,630
    7-8% 15 $1,395,000 $93,000

    During 2021, Enterprise's most frequently originated rate bucket was 2.5-3%, with 918 originations.

    Loan Sizing (Enterprise, AL MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 1,018 $153,590,000 $150,874
    $200k-400k 924 $252,610,000 $273,387
    $100,000 or less 395 $28,495,000 $72,139
    $400k-600k 86 $39,580,000 $460,233
    $600k-1000k 9 $5,975,000 $663,889
    $Over $1MM 1 $1,025,000 $1,025,000

    Enterprise's loan sizing saw the bucket of loans from $100k-200k with 1,018 originations, totaling $153,590,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 1,339 $281,605,000 $210,310
    60-80% 507 $85,755,000 $169,142
    Over 100% 145 $41,845,000 $288,586
    40-60% 112 $15,520,000 $138,571
    20-40% 44 $3,720,000 $84,545
    Under 20% 24 $710,000 $29,583

    Enterprise's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,339 originations, totaling $281,605,000 in origination value.