Enterprise Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Enterprise averaged
6.36%
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
6.16% and
one month ago for the week of 2024-09-05, the
average rate was 6.49%.
Enterprise's average rate one year ago was 7.63%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.92%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Enterprise 30 Year Fixed Rate | 2024-10-10 | 6.36% |
Enterprise 30 Year Fixed Rate Refi | 2024-10-10 | 6.92% |
Enterprise 15 Year Fixed Rate | 2024-10-10 | 5.61% |
Enterprise 15 Year Fixed Rate Refi | 2024-10-10 | 5.81% |
Enterprise 30 Year FHA | 2024-10-10 | 6.29% |
Enterprise 30 Year FHA Refi | 2024-10-10 | 6.3% |
Enterprise 30 Year USDA | 2024-10-10 | 6.28% |
Enterprise 30 Year USDA Refi | 2024-10-10 | 6.28% |
Enterprise 30 Year VA | 2024-10-10 | 5.72% |
Enterprise 30 Year VA Refi | 2024-10-10 | 6.05% |
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.).
Enterprise Average Closing Costs & Other Stats
Enterprise, AL's 50 lenders originated 1,207
loans during 2023. The total origination value was $246,225,000, with an average loan value of
$203,998.
Enterprise's average closing costs are $4,732.
The top Enterprise lender as defined by loan originations is River Bank & Trust, with
23 loans originated. Their average total fees are
$3,800, which is $2,181
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Enterprise lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($2,816), River Bank & Trust ($3,800), UNITED WHOLESALE MORTGAGE, LLC ($5,608), QUICKEN LOANS, LLC ($5,981) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,983).
The lowest rate Enterprise lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.80%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.82%), ENVOY MORTGAGE, LTD (6.83%), UNITED WHOLESALE MORTGAGE, LLC (6.88%) and Mortgage Research Center, LLC (6.90%).
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Mortgage Research Center, LLC | $56,695,000 | $42,825,000 | -24.5% | 17.4% |
ENVOY MORTGAGE, LTD | $23,050,000 | $19,485,000 | -15.5% | 7.9% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $27,235,000 | $13,935,000 | -48.8% | 5.7% |
MOVEMENT MORTGAGE, LLC | $2,905,000 | $13,680,000 | 370.9% | 5.6% |
ALL IN | $13,655,000 | $13,250,000 | -3.0% | 5.4% |
River Bank & Trust | $19,075,000 | $13,095,000 | -31.3% | 5.3% |
NAVY FEDERAL CREDIT UNION | $10,445,000 | $10,200,000 | -2.3% | 4.1% |
QUICKEN LOANS, LLC | $15,205,000 | $9,580,000 | -37.0% | 3.9% |
UNITED WHOLESALE MORTGAGE, LLC | $3,810,000 | $8,915,000 | 134.0% | 3.6% |
Renasant Bank | $12,160,000 | $7,100,000 | -41.6% | 2.9% |
PENNYMAC LOAN SERVICES, LLC | $7,015,000 | $5,735,000 | -18.2% | 2.3% |
BankPlus | $4,745,000 | $4,800,000 | 1.2% | 1.9% |
USAA Federal Savings Bank | $11,135,000 | $4,375,000 | -60.7% | 1.8% |
GUARANTEED RATE, INC. | $4,180,000 | $3,470,000 | -17.0% | 1.4% |
Armed Forces Bank | $2,310,000 | $3,455,000 | 49.6% | 1.4% |
HOMESTAR FINANCIAL CORPORATION | $1,670,000 | $3,200,000 | 91.6% | 1.3% |
FREEDOM MORTGAGE CORPORATION | $3,655,000 | $2,770,000 | -24.2% | 1.1% |
21ST MORTGAGE CORPORATION | $1,425,000 | $2,720,000 | 90.9% | 1.1% |
Troy Bank and Trust Company | $6,470,000 | $2,665,000 | -58.8% | 1.1% |
CROSSCOUNTRY MORTGAGE, LLC | $655,000 | $2,590,000 | 295.4% | 1.1% |
Five Star Credit Union | $1,375,000 | $1,900,000 | 38.2% | 0.8% |
The Citizens Bank | $1,900,000 | n/a | 0.8% | |
INTERLINC MORTGAGE SERVICES, LLC | $4,115,000 | $1,895,000 | -53.9% | 0.8% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $565,000 | $1,455,000 | 157.5% | 0.6% |
PENTAGON FEDERAL CREDIT UNION | $2,045,000 | $1,440,000 | -29.6% | 0.6% |
CMG MORTGAGE, INC. | $740,000 | $1,345,000 | 81.8% | 0.5% |
LIBERTY HOME MORTGAGE CORPORATION | $1,340,000 | n/a | 0.5% | |
Flagstar Bank, FSB | $545,000 | $1,315,000 | 141.3% | 0.5% |
LOANDEPOT.COM, LLC | $3,600,000 | $1,290,000 | -64.2% | 0.5% |
Synovus Bank | $3,225,000 | $1,280,000 | -60.3% | 0.5% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $660,000 | $1,280,000 | 93.9% | 0.5% |
Ameris Bank | $1,130,000 | $1,270,000 | 12.4% | 0.5% |
Mr. Cooper ( Nationstar Mortgage ) | $1,455,000 | $1,270,000 | -12.7% | 0.5% |
GUILD MORTGAGE COMPANY | $2,845,000 | $1,260,000 | -55.7% | 0.5% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,225,000 | n/a | 0.5% | |
MORTGAGE INVESTORS GROUP, INC. | $1,615,000 | $1,215,000 | -24.8% | 0.5% |
JPMorgan Chase Bank | $565,000 | $1,195,000 | 111.5% | 0.5% |
Wells Fargo Bank | $7,205,000 | $1,160,000 | -83.9% | 0.5% |
The Samson Banking Company, Inc. | $650,000 | $1,110,000 | 70.8% | 0.5% |
NEW DAY FINANCIAL, LLC | $2,890,000 | $1,020,000 | -64.7% | 0.4% |
UNION HOME MORTGAGE CORP. | $1,770,000 | $815,000 | -54.0% | 0.3% |
CCB Community Bank | $1,650,000 | $805,000 | -51.2% | 0.3% |
Tyndall Federal Credit Union | $390,000 | $770,000 | 97.4% | 0.3% |
NBKC BANK | $1,585,000 | $750,000 | -52.7% | 0.3% |
NEWREZ LLC | $925,000 | $735,000 | -20.5% | 0.3% |
First Federal Bank | $1,215,000 | $730,000 | -39.9% | 0.3% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $800,000 | $710,000 | -11.3% | 0.3% |
The Federal Savings Bank | $1,110,000 | $665,000 | -40.1% | 0.3% |
Regions Bank | $2,690,000 | $660,000 | -75.5% | 0.3% |
CREDIT HUMAN FEDERAL CREDIT UNION | $430,000 | $635,000 | 47.7% | 0.3% |
Plains Commerce Bank | $625,000 | $625,000 | 0.0% | 0.3% |
Trustmark National Bank | $535,000 | $590,000 | 10.3% | 0.2% |
Assurance Financial Group, L.L.C. | $195,000 | $585,000 | 200.0% | 0.2% |
BROKER SOLUTIONS, INC. | $2,390,000 | $580,000 | -75.7% | 0.2% |
Carrington Mortgage Services, LLC | $1,515,000 | $550,000 | -63.7% | 0.2% |
Capital City Home Loans, LLC | $505,000 | n/a | 0.2% | |
The First National Bank of Hartford | $760,000 | $485,000 | -36.2% | 0.2% |
HOMESPIRE MORTGAGE CORPORATION | $475,000 | n/a | 0.2% | |
FBC MORTGAGE, LLC | $115,000 | $465,000 | 304.3% | 0.2% |
Paramount Residential Mortgage Group, Inc. | $465,000 | n/a | 0.2% | |
CHURCHILL MORTGAGE CORPORATION | $260,000 | $455,000 | 75.0% | 0.2% |
LENDINGHOME FUNDING CORPORATION | $455,000 | n/a | 0.2% | |
First State Bank of St. Charles, Missouri | $445,000 | n/a | 0.2% | |
AVADIAN | $320,000 | $430,000 | 34.4% | 0.2% |
APCO EMPLOYEES | $420,000 | n/a | 0.2% | |
Equity Prime Mortgage LLC | $395,000 | n/a | 0.2% | |
First South Farm Credit, ACA | $395,000 | n/a | 0.2% | |
ACADEMY MORTGAGE CORPORATION | $385,000 | n/a | 0.2% | |
Discover Bank | $55,000 | $385,000 | 600.0% | 0.2% |
PNC Bank | $815,000 | $380,000 | -53.4% | 0.2% |
EMBRACE HOME LOANS, INC. | $505,000 | $375,000 | -25.7% | 0.2% |
PeoplesSouth Bank | $410,000 | $375,000 | -8.5% | 0.2% |
RESOURCE FINANCIAL SERVICES, INC. | $375,000 | n/a | 0.2% | |
Bank of America | $365,000 | n/a | 0.1% | |
Keystone Funding, Inc. | $365,000 | n/a | 0.1% | |
ZILLOW HOME LOANS, LLC | $305,000 | $360,000 | 18.0% | 0.1% |
Nations Lending Corporation | $6,515,000 | $355,000 | -94.6% | 0.1% |
Northpointe Bank | $1,590,000 | $355,000 | -77.7% | 0.1% |
GARDNER FINANCIAL SERVICES, LTD. | $345,000 | n/a | 0.1% | |
University Bank | $335,000 | n/a | 0.1% | |
U.S. Bank | $320,000 | $335,000 | 4.7% | 0.1% |
Magnolia Bank | $325,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $840,000 | $325,000 | -61.3% | 0.1% |
AMERISAVE MORTGAGE CORPORATION | $1,715,000 | $310,000 | -81.9% | 0.1% |
Figure Lending LLC | $70,000 | $300,000 | 328.6% | 0.1% |
BARTLETT MORTGAGE, INC. | $295,000 | n/a | 0.1% | |
BNC National Bank | $1,400,000 | $295,000 | -78.9% | 0.1% |
LENDINGONE, LLC | $165,000 | $290,000 | 75.8% | 0.1% |
City National Bank | $260,000 | n/a | 0.1% | |
FirstBank | $580,000 | $250,000 | -56.9% | 0.1% |
South State Bank | $125,000 | $250,000 | 100.0% | 0.1% |
ACOPIA, LLC | $245,000 | n/a | 0.1% | |
Mid-Continent Funding, Inc. | $355,000 | $245,000 | -31.0% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $185,000 | $245,000 | 32.4% | 0.1% |
Bank of Bartlett | $230,000 | n/a | 0.1% | |
CARDINAL FINANCIAL | $430,000 | $225,000 | -47.7% | 0.1% |
AMERICAN FINANCIAL NETWORK, INC. | $215,000 | n/a | 0.1% | |
First United Bank and Trust Company | $215,000 | n/a | 0.1% | |
DOMINION FINANCIAL SERVICES, LLC | $200,000 | n/a | 0.1% | |
First Savings Bank | $195,000 | n/a | 0.1% | |
Ixonia Bank | $515,000 | $195,000 | -62.1% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $360,000 | $185,000 | -48.6% | 0.1% |
FAIRWINDS CREDIT UNION | $175,000 | n/a | 0.1% | |
M&T Bank | $175,000 | n/a | 0.1% | |
STOCKTON MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $165,000 | n/a | 0.1% | |
SPRING EQ, LLC | $155,000 | $165,000 | 6.5% | 0.1% |
VILLAGE CAPITAL MORTGAGE | $1,255,000 | $165,000 | -86.9% | 0.1% |
ALAMEDA MORTGAGE CORPORATION | $155,000 | n/a | 0.1% | |
Servion, Inc. | $155,000 | n/a | 0.1% | |
SOUTHWEST STAGE FUNDING, LLC | $550,000 | $155,000 | -71.8% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $150,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $115,000 | $135,000 | 17.4% | 0.1% |
Stifel Bank and Trust | $135,000 | n/a | 0.1% | |
Citizens Bank | $250,000 | $130,000 | -48.0% | 0.1% |
LIMA ONE CAPITAL, LLC | $125,000 | n/a | 0.1% | |
MILEND, INC. | $125,000 | n/a | 0.1% | |
Secured Investment Corp. | $105,000 | $125,000 | 19.0% | 0.1% |
SILVER HILL FUNDING, LLC | $125,000 | n/a | 0.1% | |
AMWEST FUNDING CORP. | $115,000 | n/a | 0.0% | |
AUBURN UNIVERSITY CREDIT UNION | $115,000 | n/a | 0.0% | |
Alcova Mortgage LLC | $105,000 | n/a | 0.0% | |
Bank of England | $745,000 | $105,000 | -85.9% | 0.0% |
DEEPHAVEN MORTGAGE LLC | $105,000 | n/a | 0.0% | |
TOP FLITE FINANCIAL, INC. | $85,000 | n/a | 0.0% | |
BAYSHORE MORTGAGE FUNDING, LLC | $75,000 | n/a | 0.0% | |
Coastal Community Bank | $75,000 | n/a | 0.0% | |
ATLANTA POSTAL | $65,000 | n/a | 0.0% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $510,000 | $55,000 | -89.2% | 0.0% |
Service Federal Credit Union | $55,000 | n/a | 0.0% | |
BancorpSouth | $195,000 | $45,000 | -76.9% | 0.0% |
Pen Air Federal Credit Union | $45,000 | n/a | 0.0% |
Enterprise's top lender by overall market share is Mortgage Research Center, LLC, with 17.4% market share. In second place, with 7.9%, is ENVOY MORTGAGE, LTD, having originated $19,485,000 in loans. In third place, with 5.7%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $13,935,000 in loans. In fourth place, with 5.6%, is MOVEMENT MORTGAGE, LLC, having originated $13,680,000 in loans. In fifth place, with 5.4%, is ALL IN, having originated $13,250,000 in loans.
Enterprise Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Enterprise (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $168,538 (8.0%) | $185,289 (0.0%) | 0.00 | 358 |
2018-02-01 | $166,600 (2.9%) | $184,865 (-0.5%) | 0.00 | 369 |
2018-03-01 | $172,500 (7.3%) | $190,699 (4.0%) | 0.00 | 384 |
2018-04-01 | $171,125 (4.4%) | $188,553 (0.3%) | 0.00 | 405 |
2018-05-01 | $170,000 (0.0%) | $196,259 (1.9%) | 0.00 | 476 |
2018-06-01 | $168,850 (-1.0%) | $192,319 (1.3%) | 0.00 | 412 |
2018-07-01 | $169,825 (-3.0%) | $193,499 (1.5%) | 0.00 | 408 |
2018-08-01 | $174,819 (1.7%) | $193,554 (2.6%) | 0.00 | 410 |
2018-09-01 | $179,900 (6.0%) | $198,572 (6.5%) | 0.00 | 391 |
2018-10-01 | $178,500 (6.0%) | $200,473 (8.1%) | 0.00 | 372 |
2018-11-01 | $179,325 (6.1%) | $202,467 (8.6%) | 0.00 | 361 |
2018-12-01 | $178,500 (8.3%) | $200,826 (9.0%) | 0.00 | 365 |
2019-01-01 | $179,000 (6.2%) | $200,373 (8.1%) | 0.00 | 346 |
2019-02-01 | $178,375 (7.1%) | $200,006 (8.2%) | 0.00 | 348 |
2019-03-01 | $177,286 (2.8%) | $203,782 (6.9%) | 0.00 | 338 |
2019-04-01 | $176,611 (3.2%) | $211,393 (12.1%) | 0.00 | 334 |
2019-05-01 | $178,500 (5.0%) | $213,349 (8.7%) | 0.00 | 327 |
2019-06-01 | $174,950 (3.6%) | $214,771 (11.7%) | 0.00 | 314 |
2019-07-01 | $178,900 (5.3%) | $217,089 (12.2%) | 0.00 | 314 |
2019-08-01 | $180,745 (3.4%) | $217,068 (12.2%) | 0.00 | 288 |
2019-09-01 | $182,014 (1.2%) | $216,902 (9.2%) | 0.00 | 269 |
2019-10-01 | $182,859 (2.4%) | $217,802 (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 (5.8%) | 0.00 | 239 |
2020-01-01 | $179,700 (0.4%) | $212,619 (6.1%) | 0.00 | 221 |
2020-02-01 | $174,950 (-1.9%) | $204,985 (2.5%) | 0.00 | 223 |
2020-03-01 | $170,575 (-3.8%) | $207,820 (2.0%) | 0.00 | 219 |
2020-04-01 | $179,200 (1.5%) | $213,285 (0.9%) | 0.00 | 208 |
2020-05-01 | $187,500 (5.0%) | $222,647 (4.4%) | 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 (9.3%) | 0.00 | 151 |
2020-08-01 | $199,975 (10.6%) | $250,653 (15.5%) | 0.00 | 142 |
2020-09-01 | $214,725 (18.0%) | $265,396 (22.4%) | 0.00 | 119 |
2020-10-01 | $213,250 (16.6%) | $231,582 (6.3%) | 0.00 | 136 |
2020-11-01 | $197,450 (10.6%) | $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 (12.8%) | $238,467 (14.8%) | 0.00 | 103 |
2021-04-01 | $181,000 (1.0%) | $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 (-1.9%) | $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 | 57 |
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%) | $326,524 (27.5%) | 0.00 | 92 |
2022-08-01 | $335,750 (65.8%) | $319,930 (28.0%) | 0.00 | 94 |
2022-09-01 | $343,500 (75.3%) | $321,379 (32.1%) | 0.00 | 100 |
2022-10-01 | $347,000 (78.0%) | $326,703 (43.8%) | 0.00 | 106 |
2022-11-01 | $336,500 (73.7%) | $326,892 (44.7%) | 0.00 | 108 |
2022-12-01 | $336,000 (73.4%) | $335,788 (46.9%) | 0.00 | 107 |
2023-01-01 | $345,000 (76.9%) | $326,613 (47.5%) | 0.00 | 96 |
2023-02-01 | $347,000 (74.4%) | $324,126 (35.3%) | 0.00 | 93 |
2023-03-01 | $353,725 (85.7%) | $337,669 (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 (3.0%) | 0.00 | 113 |
2023-08-01 | $356,450 (6.2%) | $336,056 (5.0%) | 0.00 | 124 |
2023-09-01 | $328,000 (-4.5%) | $322,351 (0.3%) | 0.00 | 136 |
2023-10-01 | $322,225 (-7.1%) | $322,110 (-1.4%) | 0.00 | 148 |
2023-11-01 | $315,625 (-6.2%) | $323,740 (-1.0%) | 0.00 | 147 |
2023-12-01 | $273,500 (-18.6%) | $303,343 (-9.7%) | 0.00 | 145 |
2024-01-01 | $275,000 (-20.3%) | $304,701 (-6.7%) | 0.00 | 136 |
2024-02-01 | $281,225 (-19.0%) | $305,615 (-5.7%) | 0.00 | 140 |
2024-03-01 | $259,900 (-26.5%) | $300,506 (-11.0%) | 0.00 | 146 |
2024-04-01 | $298,750 (-16.8%) | $312,294 (-8.8%) | 0.00 | 133 |
2024-05-01 | $336,000 (-6.4%) | $346,629 (0.7%) | 0.00 | 134 |
2024-06-01 | $313,453 (-12.8%) | $331,926 (-2.3%) | 0.00 | 153 |
2024-07-01 | $279,500 (-23.4%) | $312,208 (-7.2%) | 0.00 | 174 |
2024-08-01 | $265,000 (-25.7%) | $309,052 (-8.0%) | 0.00 | 177 |
2024-09-01 | $280,600 (-14.5%) | $301,239 (-6.6%) | 0.00 | 204 |
Enterprise's median listing price comes in at 0% of the national average.
Enterprise's average listing price for 2024-09-01 was $301,239, a difference of $-21,112 (-6.6%) versus the prior year and $-7,813 versus the prior month.
For the 2024-09-01 period, Enterprise had 204 MLS listings, a difference of 27 listings (15%) versus the prior month and 68 listings (50%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Enterprise (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,998 sqft |
2018-02-01 | 0 days | 1,947 sqft |
2018-03-01 | 0 days | 1,949 sqft |
2018-04-01 | 0 days | 1,960 sqft |
2018-05-01 | 0 days | 1,961 sqft |
2018-06-01 | 0 days | 1,956 sqft |
2018-07-01 | 0 days | 1,966 sqft |
2018-08-01 | 0 days | 2,011 sqft |
2018-09-01 | 0 days | 1,988 sqft |
2018-10-01 | 0 days | 2,001 sqft |
2018-11-01 | 0 days | 2,010 sqft |
2018-12-01 | 0 days | 1,968 sqft |
2019-01-01 | 0 days | 1,958 sqft |
2019-02-01 | 0 days | 1,924 sqft |
2019-03-01 | 0 days | 1,937 sqft |
2019-04-01 | 0 days | 1,966 sqft |
2019-05-01 | 0 days | 1,960 sqft |
2019-06-01 | 0 days | 1,947 sqft |
2019-07-01 | 0 days | 2,020 sqft |
2019-08-01 | 0 days | 2,012 sqft |
2019-09-01 | 0 days | 2,002 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 | 1,895 sqft |
2020-03-01 | 0 days | 1,986 sqft |
2020-04-01 | 0 days | 2,043 sqft |
2020-05-01 | 0 days | 2,074 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 | 2,017 sqft |
2020-11-01 | 0 days | 2,028 sqft |
2020-12-01 | 0 days | 2,049 sqft |
2021-01-01 | 0 days | 1,988 sqft |
2021-02-01 | 0 days | 1,970 sqft |
2021-03-01 | 0 days | 2,000 sqft |
2021-04-01 | 0 days | 1,945 sqft |
2021-05-01 | 0 days | 1,926 sqft |
2021-06-01 | 0 days | 1,981 sqft |
2021-07-01 | 0 days | 2,000 sqft |
2021-08-01 | 0 days | 2,027 sqft |
2021-09-01 | 0 days | 1,951 sqft |
2021-10-01 | 0 days | 1,996 sqft |
2021-11-01 | 0 days | 1,992 sqft |
2021-12-01 | 0 days | 1,912 sqft |
2022-01-01 | 0 days | 1,903 sqft |
2022-02-01 | 0 days | 1,932 sqft |
2022-03-01 | 0 days | 1,751 sqft |
2022-04-01 | 0 days | 1,958 sqft |
2022-05-01 | 0 days | 2,040 sqft |
2022-06-01 | 0 days | 2,219 sqft |
2022-07-01 | 0 days | 2,259 sqft |
2022-08-01 | 0 days | 2,257 sqft |
2022-09-01 | 0 days | 2,234 sqft |
2022-10-01 | 0 days | 2,297 sqft |
2022-11-01 | 0 days | 2,280 sqft |
2022-12-01 | 0 days | 2,260 sqft |
2023-01-01 | 0 days | 2,250 sqft |
2023-02-01 | 0 days | 2,221 sqft |
2023-03-01 | 0 days | 2,223 sqft |
2023-04-01 | 0 days | 2,240 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 |
2023-09-01 | 0 days | 2,114 sqft |
2023-10-01 | 0 days | 2,110 sqft |
2023-11-01 | 0 days | 2,116 sqft |
2023-12-01 | 0 days | 2,105 sqft |
2024-01-01 | 0 days | 2,110 sqft |
2024-02-01 | 0 days | 2,110 sqft |
2024-03-01 | 0 days | 2,063 sqft |
2024-04-01 | 0 days | 2,114 sqft |
2024-05-01 | 0 days | 2,226 sqft |
2024-06-01 | 0 days | 2,192 sqft |
2024-07-01 | 0 days | 2,081 sqft |
2024-08-01 | 0 days | 2,075 sqft |
2024-09-01 | 0 days | 2,100 sqft |
Enterprise's median square footage for active listings during the 2024-09-01 period was 2,100 sqft. One year prior, the average listing was 2,114 sqft.
Enterprise, AL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 825 | $198,835,000 | $241,012 |
Other | 120 | $8,180,000 | $68,167 |
Cash Out Refi | 108 | $20,460,000 | $189,444 |
Home Improvement | 89 | $6,125,000 | $68,820 |
Refi | 65 | $12,625,000 | $194,231 |
Enterprise's most frequently cited loan purpose was Home Purchase, with 825 originations. The 2nd most popular reason was Other, with 120 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 434 | $107,630,000 | $247,995 |
Over 8% | 266 | $25,030,000 | $94,098 |
7-8% | 266 | $52,400,000 | $196,992 |
5-6% | 182 | $50,180,000 | $275,714 |
4-5% | 19 | $5,005,000 | $263,421 |
<2.5% | 8 | $1,100,000 | $137,500 |
3-4% | 8 | $1,080,000 | $135,000 |
2.5-3% | 4 | $1,170,000 | $292,500 |
During 2023, Enterprise's most frequently originated rate bucket was 6-7%, with 434 originations.
Loan Sizing (Enterprise, AL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 410 | $116,760,000 | $284,780 |
$100k-200k | 357 | $52,055,000 | $145,812 |
$100,000 or less | 327 | $19,635,000 | $60,046 |
$400k-600k | 98 | $45,400,000 | $463,265 |
$600k-1000k | 12 | $8,090,000 | $674,167 |
$Over $1MM | 3 | $4,285,000 | $1,428,333 |
Enterprise's loan sizing saw the bucket of loans from $200k-400k with 410 originations, totaling $116,760,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 622 | $158,450,000 | $254,743 |
60-80% | 185 | $33,335,000 | $180,189 |
20-40% | 113 | $8,845,000 | $78,274 |
Under 20% | 107 | $4,555,000 | $42,570 |
Over 100% | 82 | $25,770,000 | $314,268 |
40-60% | 69 | $10,895,000 | $157,899 |
Enterprise's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 622 originations, totaling $158,450,000 in origination value.