Enterprise Mortgage Rates & Closing Costs

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.