Forest City Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Forest City averaged
6.73%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.73% and
one month ago for the week of 2025-05-29, the
average rate was 7.25%.
Forest City's average rate one year ago was 6.82%.
For refis of the same type during the week of 2025-07-03, the average rate
was 7.07%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-07-03 | 6.67% |
| Forest City 30 Year Fixed Rate | 2025-07-03 | 6.73% |
| Forest City 30 Year Fixed Rate Refi | 2025-07-03 | 7.07% |
| Forest City 15 Year Fixed Rate | 2025-07-03 | 6% |
| Forest City 15 Year Fixed Rate Refi | 2025-07-03 | 6.2% |
| Forest City 30 Year FHA | 2025-07-03 | 0% |
| Forest City 30 Year FHA Refi | 2025-07-03 | 0.2% |
| Forest City 30 Year USDA | 2025-07-03 | 0% |
| Forest City 30 Year USDA Refi | 2025-07-03 | -0.2% |
| Forest City 30 Year VA | 2025-07-03 | -0.1% |
| Forest City 30 Year VA Refi | 2025-07-03 | 0% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Forest City, NC.
Forest City 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 Forest City, NC 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.).
Forest City Average Closing Costs & Other Stats
Forest City, NC's 97 lenders originated 1,300
loans during 2024. The total origination value was $269,970,000, with an average loan value of
$207,669.
Forest City's average closing costs are $4,981.
The top Forest City lender as defined by loan originations is STATE EMPLOYEES', with
81 loans originated. Their average total fees are
$4,119, which is $1,140
lower than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee Forest City lenders (with over 10 loans originated) are
STATE EMPLOYEES' ($4,119), Truist ($4,404), MOVEMENT MORTGAGE, LLC ($5,260), SUCCESS MORTGAGE PARTNERS, INC. ($5,399) and First-Citizens Bank & Trust Company ($5,614).
The lowest rate Forest City lenders (with over 10 loans originated) are
STATE EMPLOYEES' (6.41%), QUICKEN LOANS, LLC (6.84%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.84%), UNITED WHOLESALE MORTGAGE, LLC (6.84%) and Truist (6.88%).
Forest City, NC 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $34,725,000 | $33,150,000 | -4.5% | 12.3% |
| QUICKEN LOANS, LLC | $13,090,000 | $22,755,000 | 73.8% | 8.4% |
| MOVEMENT MORTGAGE, LLC | $17,985,000 | $21,195,000 | 17.8% | 7.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $7,800,000 | $13,750,000 | 76.3% | 5.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $11,790,000 | $12,325,000 | 4.5% | 4.6% |
| Mortgage Research Center, LLC | $6,085,000 | $10,850,000 | 78.3% | 4.0% |
| First-Citizens Bank & Trust Company | $7,000,000 | $8,900,000 | 27.1% | 3.3% |
| Truist | $4,640,000 | $6,585,000 | 41.9% | 2.4% |
| SUCCESS MORTGAGE PARTNERS, INC. | $4,885,000 | n/a | 1.8% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,695,000 | $4,725,000 | 27.9% | 1.8% |
| United Bank | $1,730,000 | $4,675,000 | 170.2% | 1.7% |
| HomeTrust Bank | $6,960,000 | $4,535,000 | -34.8% | 1.7% |
| LOANDEPOT.COM, LLC | $2,680,000 | $3,910,000 | 45.9% | 1.4% |
| AgFirst Farm Credit Bank | $3,830,000 | $3,690,000 | -3.7% | 1.4% |
| Bank of America | $2,560,000 | $3,420,000 | 33.6% | 1.3% |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $2,260,000 | $3,235,000 | 43.1% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,365,000 | $3,215,000 | 135.5% | 1.2% |
| CARDINAL FINANCIAL | $2,170,000 | $2,860,000 | 31.8% | 1.1% |
| UNITED | $2,345,000 | $2,785,000 | 18.8% | 1.0% |
| FREEDOM MORTGAGE CORPORATION | $1,395,000 | $2,570,000 | 84.2% | 1.0% |
| LIMA ONE CAPITAL, LLC | $2,390,000 | n/a | 0.9% | |
| UNION HOME MORTGAGE CORP. | $990,000 | $2,335,000 | 135.9% | 0.9% |
| Alcova Mortgage LLC | $105,000 | $2,175,000 | 1,971.4% | 0.8% |
| First National Bank of Pennsylvania | $755,000 | $2,110,000 | 179.5% | 0.8% |
| Truliant Federal Credit Union | $1,345,000 | $2,055,000 | 52.8% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,915,000 | $1,985,000 | -49.3% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $1,220,000 | $1,965,000 | 61.1% | 0.7% |
| PNC Bank | $4,890,000 | $1,960,000 | -59.9% | 0.7% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $6,195,000 | $1,940,000 | -68.7% | 0.7% |
| United Community Bank | $1,745,000 | n/a | 0.6% | |
| Wells Fargo Bank | $2,320,000 | $1,700,000 | -26.7% | 0.6% |
| Fifth Third Bank | $1,955,000 | $1,650,000 | -15.6% | 0.6% |
| The Fidelity Bank | $2,280,000 | $1,575,000 | -30.9% | 0.6% |
| HOMESIDE FINANCIAL, LLC | $1,325,000 | $1,570,000 | 18.5% | 0.6% |
| TD Bank | $1,960,000 | $1,555,000 | -20.7% | 0.6% |
| GUARANTEED RATE, INC. | $385,000 | $1,540,000 | 300.0% | 0.6% |
| U.S. Bank | $1,475,000 | $1,540,000 | 4.4% | 0.6% |
| South State Bank | $660,000 | $1,510,000 | 128.8% | 0.6% |
| The Federal Savings Bank | $945,000 | $1,495,000 | 58.2% | 0.6% |
| American Security Mortgage Corp. | $965,000 | $1,450,000 | 50.3% | 0.5% |
| INTERCOASTAL MORTGAGE COMPANY | $620,000 | $1,420,000 | 129.0% | 0.5% |
| GoPrime Mortgage, Inc. | $2,200,000 | $1,360,000 | -38.2% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $170,000 | $1,360,000 | 700.0% | 0.5% |
| Ameris Bank | $1,885,000 | $1,250,000 | -33.7% | 0.5% |
| JPMorgan Chase Bank | $870,000 | $1,230,000 | 41.4% | 0.5% |
| CMG MORTGAGE, INC. | $1,085,000 | $1,220,000 | 12.4% | 0.5% |
| Arbor Realty Trust, Inc. | $1,215,000 | n/a | 0.5% | |
| SUMMIT FUNDING, INC. | $1,200,000 | n/a | 0.4% | |
| Mr. Cooper ( Nationstar Mortgage ) | $1,445,000 | $1,185,000 | -18.0% | 0.4% |
| NEW DAY FINANCIAL, LLC | $1,010,000 | $1,185,000 | 17.3% | 0.4% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $215,000 | $1,155,000 | 437.2% | 0.4% |
| GUILD MORTGAGE COMPANY | $870,000 | $1,100,000 | 26.4% | 0.4% |
| Towne Bank | $1,070,000 | n/a | 0.4% | |
| NAVY FEDERAL CREDIT UNION | $1,915,000 | $1,035,000 | -46.0% | 0.4% |
| NBKC BANK | $385,000 | $1,030,000 | 167.5% | 0.4% |
| 1ST SIGNATURE LENDING, LLC | $255,000 | $1,020,000 | 300.0% | 0.4% |
| VILLAGE CAPITAL MORTGAGE | $265,000 | $955,000 | 260.4% | 0.4% |
| PLANET HOME LENDING, LLC | $35,000 | $905,000 | 2,485.7% | 0.3% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,540,000 | $845,000 | -45.1% | 0.3% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $1,575,000 | $835,000 | -47.0% | 0.3% |
| 21ST MORTGAGE CORPORATION | $135,000 | $795,000 | 488.9% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $205,000 | $775,000 | 278.0% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $515,000 | $745,000 | 44.7% | 0.3% |
| blueharbor bank | $730,000 | n/a | 0.3% | |
| Dollar Bank, Federal Savings Bank | $460,000 | $720,000 | 56.5% | 0.3% |
| ALLIANT CREDIT UNION | $715,000 | n/a | 0.3% | |
| SOUTHWEST STAGE FUNDING, LLC | $400,000 | $715,000 | 78.8% | 0.3% |
| Champion Credit Union | $1,250,000 | $710,000 | -43.2% | 0.3% |
| NEWREZ LLC | $425,000 | $705,000 | 65.9% | 0.3% |
| FOUNDERS FEDERAL CREDIT UNION | $695,000 | $695,000 | 0.0% | 0.3% |
| Figure Lending LLC | $320,000 | $685,000 | 114.1% | 0.3% |
| Citizens Bank | $100,000 | $680,000 | 580.0% | 0.3% |
| Flagstar Bank, FSB | $540,000 | $645,000 | 19.4% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $555,000 | $590,000 | 6.3% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $585,000 | n/a | 0.2% | |
| LENDINGONE, LLC | $575,000 | n/a | 0.2% | |
| SHARONVIEW FEDERAL CREDIT UNION | $570,000 | n/a | 0.2% | |
| USAA Federal Savings Bank | $1,465,000 | $560,000 | -61.8% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $530,000 | n/a | 0.2% | |
| BETTER MORTGAGE CORPORATION | $325,000 | $525,000 | 61.5% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $385,000 | $510,000 | 32.5% | 0.2% |
| BOKF | $505,000 | n/a | 0.2% | |
| American Airlines Federal Credit Union | $495,000 | n/a | 0.2% | |
| BROKER SOLUTIONS, INC. | $1,960,000 | $490,000 | -75.0% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $815,000 | $490,000 | -39.9% | 0.2% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $480,000 | n/a | 0.2% | |
| First Bank | $1,830,000 | $475,000 | -74.0% | 0.2% |
| Carrington Mortgage Services, LLC | $450,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $445,000 | n/a | 0.2% | |
| Paramount Bank | $440,000 | n/a | 0.2% | |
| RESOURCE FINANCIAL SERVICES, INC. | $175,000 | $440,000 | 151.4% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $540,000 | $430,000 | -20.4% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $760,000 | $415,000 | -45.4% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $410,000 | n/a | 0.2% | |
| City National Bank | $395,000 | n/a | 0.1% | |
| EMBRACE HOME LOANS, INC. | $385,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $1,020,000 | $385,000 | -62.3% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $245,000 | $380,000 | 55.1% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $380,000 | n/a | 0.1% | |
| Blue Ridge Bank | $375,000 | n/a | 0.1% | |
| Bank of the Lowcountry | $365,000 | n/a | 0.1% | |
| Nations Lending Corporation | $155,000 | $360,000 | 132.3% | 0.1% |
| Atlantic Coast Mortgage, LLC | $355,000 | n/a | 0.1% | |
| BELEM SERVICING LLC | $355,000 | n/a | 0.1% | |
| Loan Simple, Inc. | $355,000 | n/a | 0.1% | |
| ON Q FINANCIAL, INC. | $950,000 | $345,000 | -63.7% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $190,000 | $345,000 | 81.6% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $340,000 | n/a | 0.1% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $325,000 | n/a | 0.1% | |
| SELF-HELP Credit Union | $320,000 | n/a | 0.1% | |
| ACOPIA, LLC | $315,000 | n/a | 0.1% | |
| Heartland Bank and Trust Company | $305,000 | n/a | 0.1% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $470,000 | $285,000 | -39.4% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $275,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $505,000 | $275,000 | -45.5% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $270,000 | n/a | 0.1% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $265,000 | n/a | 0.1% | |
| The Dart Bank | $255,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $245,000 | n/a | 0.1% | |
| Corporate Investors Mortgage Group, Inc. | $155,000 | $245,000 | 58.1% | 0.1% |
| Discover Bank | $115,000 | $245,000 | 113.0% | 0.1% |
| Plains Commerce Bank | $145,000 | $245,000 | 69.0% | 0.1% |
| Renasant Bank | $245,000 | n/a | 0.1% | |
| AMERISAVE MORTGAGE CORPORATION | $935,000 | $240,000 | -74.3% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $235,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $765,000 | $220,000 | -71.2% | 0.1% |
| Uwharrie Bank | $995,000 | $215,000 | -78.4% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $390,000 | $205,000 | -47.4% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $255,000 | $205,000 | -19.6% | 0.1% |
| Ixonia Bank | $205,000 | n/a | 0.1% | |
| Pinnacle Bank | $1,035,000 | $205,000 | -80.2% | 0.1% |
| THE MORTGAGE FIRM, INC. | $205,000 | n/a | 0.1% | |
| COASTAL Federal Credit Union | $860,000 | $185,000 | -78.5% | 0.1% |
| POLARIS HOME FUNDING CORP. | $185,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $165,000 | $185,000 | 12.1% | 0.1% |
| Towne Mortgage of the Carolinas, LLC | $180,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $175,000 | n/a | 0.1% | |
| QUORUM FEDERAL CREDIT UNION | $45,000 | $175,000 | 288.9% | 0.1% |
| TOTAL MORTGAGE SERVICES, LLC | $175,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $165,000 | n/a | 0.1% | |
| Deere Employees Credit Union | $165,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $165,000 | n/a | 0.1% | |
| S. C. TELCO | $165,000 | n/a | 0.1% | |
| CONTOUR MORTGAGE CORPORATION | $385,000 | $155,000 | -59.7% | 0.1% |
| HARTFORD FUNDING, LTD. | $155,000 | n/a | 0.1% | |
| LATINO COMMUNITY CREDIT UNION | $145,000 | n/a | 0.1% | |
| DELTA COMMUNITY CREDIT UNION | $135,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $130,000 | n/a | 0.0% | |
| Baxter Credit Union | $125,000 | n/a | 0.0% | |
| ALLEGACY FEDERAL CREDIT UNION | $400,000 | $105,000 | -73.8% | 0.0% |
| LANGLEY | $105,000 | n/a | 0.0% | |
| Telco Community Credit Union | $105,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $495,000 | $85,000 | -82.8% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $85,000 | n/a | 0.0% | |
| Vellum Mortgage, Inc. | $75,000 | n/a | 0.0% | |
| Bank OZK | $220,000 | $65,000 | -70.5% | 0.0% |
| LOANPAL, LLC | $65,000 | n/a | 0.0% | |
| CORNING | $165,000 | $55,000 | -66.7% | 0.0% |
| MTC Federal Credit Union | $55,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $45,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $385,000 | $45,000 | -88.3% | 0.0% |
| PURDUE FEDERAL CREDIT UNION | $25,000 | n/a | 0.0% | |
| Regions Bank | $985,000 | $25,000 | -97.5% | 0.0% |
Forest City's top lender by overall market share is STATE EMPLOYEES', with 12.3% market share. In second place, with 8.4%, is QUICKEN LOANS, LLC, having originated $22,755,000 in loans. In third place, with 7.9%, is MOVEMENT MORTGAGE, LLC, having originated $21,195,000 in loans. In fourth place, with 5.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $13,750,000 in loans. In fifth place, with 4.6%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $12,325,000 in loans.
Forest City Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Forest City (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 | $229,900 (8.2%) | $353,032 (15.3%) | 0.00 | 421 |
| 2018-02-01 | $229,450 (5.5%) | $367,160 (19.6%) | 0.00 | 396 |
| 2018-03-01 | $231,500 (6.6%) | $373,750 (20.7%) | 0.00 | 407 |
| 2018-04-01 | $247,400 (10.0%) | $389,434 (19.9%) | 0.00 | 429 |
| 2018-05-01 | $259,800 (8.3%) | $404,073 (19.6%) | 0.00 | 459 |
| 2018-06-01 | $295,000 (19.0%) | $448,691 (30.5%) | 0.00 | 426 |
| 2018-07-01 | $291,725 (16.9%) | $444,670 (27.2%) | 0.00 | 465 |
| 2018-08-01 | $299,900 (17.8%) | $461,531 (30.9%) | 0.00 | 466 |
| 2018-09-01 | $299,900 (15.8%) | $461,718 (28.3%) | 0.00 | 497 |
| 2018-10-01 | $299,000 (12.8%) | $448,602 (21.6%) | 0.00 | 482 |
| 2018-11-01 | $299,000 (15.4%) | $441,686 (18.2%) | 0.00 | 479 |
| 2018-12-01 | $299,900 (20.0%) | $443,907 (18.7%) | 0.00 | 445 |
| 2019-01-01 | $299,675 (30.4%) | $445,838 (26.3%) | 0.00 | 421 |
| 2019-02-01 | $299,900 (30.7%) | $445,865 (21.4%) | 0.00 | 414 |
| 2019-03-01 | $299,386 (29.3%) | $435,465 (16.5%) | 0.00 | 437 |
| 2019-04-01 | $299,900 (21.2%) | $439,272 (12.8%) | 0.00 | 453 |
| 2019-05-01 | $299,900 (15.4%) | $434,264 (7.5%) | 0.00 | 485 |
| 2019-06-01 | $300,000 (1.7%) | $443,833 (-1.1%) | 0.00 | 507 |
| 2019-07-01 | $312,450 (7.1%) | $440,022 (-1.1%) | 0.00 | 492 |
| 2019-08-01 | $314,482 (4.9%) | $434,023 (-6.0%) | 0.00 | 478 |
| 2019-09-01 | $306,280 (2.1%) | $430,408 (-6.8%) | 0.00 | 467 |
| 2019-10-01 | $299,450 (0.2%) | $425,555 (-5.1%) | 0.00 | 461 |
| 2019-11-01 | $297,000 (-0.7%) | $409,505 (-7.3%) | 0.00 | 433 |
| 2019-12-01 | $287,475 (-4.1%) | $399,899 (-9.9%) | 0.00 | 389 |
| 2020-01-01 | $298,000 (-0.6%) | $413,424 (-7.3%) | 0.00 | 310 |
| 2020-02-01 | $294,950 (-1.7%) | $417,965 (-6.3%) | 0.00 | 293 |
| 2020-03-01 | $299,000 (-0.1%) | $427,951 (-1.7%) | 0.00 | 294 |
| 2020-04-01 | $295,500 (-1.5%) | $430,272 (-2.1%) | 0.00 | 294 |
| 2020-05-01 | $325,000 (8.4%) | $450,147 (3.7%) | 0.00 | 274 |
| 2020-06-01 | $349,800 (16.6%) | $462,361 (4.2%) | 0.00 | 254 |
| 2020-07-01 | $349,900 (12.0%) | $470,013 (6.8%) | 0.00 | 231 |
| 2020-08-01 | $349,000 (11.0%) | $471,745 (8.7%) | 0.00 | 200 |
| 2020-09-01 | $349,000 (14.0%) | $473,777 (10.1%) | 0.00 | 163 |
| 2020-10-01 | $312,000 (4.2%) | $442,113 (3.9%) | 0.00 | 157 |
| 2020-11-01 | $299,250 (0.8%) | $434,808 (6.2%) | 0.00 | 150 |
| 2020-12-01 | $298,225 (3.7%) | $443,495 (10.9%) | 0.00 | 128 |
| 2021-01-01 | $284,500 (-4.5%) | $412,099 (-0.3%) | 0.00 | 109 |
| 2021-02-01 | $269,900 (-8.5%) | $396,613 (-5.1%) | 0.00 | 109 |
| 2021-03-01 | $278,200 (-7.0%) | $441,213 (3.1%) | 0.00 | 84 |
| 2021-04-01 | $307,975 (4.2%) | $478,908 (11.3%) | 0.00 | 79 |
| 2021-05-01 | $414,600 (27.6%) | $539,821 (19.9%) | 0.00 | 84 |
| 2021-06-01 | $409,375 (17.0%) | $527,544 (14.1%) | 0.00 | 114 |
| 2021-07-01 | $349,000 (-0.3%) | $482,663 (2.7%) | 0.00 | 134 |
| 2021-08-01 | $344,500 (-1.3%) | $478,854 (1.5%) | 0.00 | 137 |
| 2021-09-01 | $361,950 (3.7%) | $496,566 (4.8%) | 0.00 | 127 |
| 2021-10-01 | $344,000 (10.3%) | $486,376 (10.0%) | 0.00 | 133 |
| 2021-11-01 | $340,000 (13.6%) | $458,302 (5.4%) | 0.00 | 117 |
| 2021-12-01 | $345,000 (15.7%) | $475,651 (7.3%) | 0.00 | 116 |
| 2022-01-01 | $320,000 (12.5%) | $458,027 (11.1%) | 0.00 | 95 |
| 2022-02-01 | $327,500 (21.3%) | $451,837 (13.9%) | 0.00 | 84 |
| 2022-03-01 | $377,200 (35.6%) | $492,847 (11.7%) | 0.00 | 78 |
| 2022-04-01 | $400,000 (29.9%) | $503,768 (5.2%) | 0.00 | 79 |
| 2022-05-01 | $332,725 (-19.8%) | $474,891 (-12.0%) | 0.00 | 96 |
| 2022-06-01 | $325,450 (-20.5%) | $488,440 (-7.4%) | 0.00 | 108 |
| 2022-07-01 | $335,000 (-4.0%) | $499,314 (3.5%) | 0.00 | 155 |
| 2022-08-01 | $343,975 (-0.2%) | $493,602 (3.1%) | 0.00 | 180 |
| 2022-09-01 | $345,450 (-4.6%) | $502,280 (1.2%) | 0.00 | 165 |
| 2022-10-01 | $349,900 (1.7%) | $490,634 (0.9%) | 0.00 | 178 |
| 2022-11-01 | $348,450 (2.5%) | $517,655 (13.0%) | 0.00 | 174 |
| 2022-12-01 | $330,000 (-4.4%) | $499,296 (5.0%) | 0.00 | 175 |
| 2023-01-01 | $324,000 (1.3%) | $468,131 (2.2%) | 0.00 | 152 |
| 2023-02-01 | $325,000 (-0.8%) | $487,416 (7.9%) | 0.00 | 120 |
| 2023-03-01 | $357,450 (-5.2%) | $515,465 (4.6%) | 0.00 | 114 |
| 2023-04-01 | $372,450 (-6.9%) | $542,765 (7.7%) | 0.00 | 124 |
| 2023-05-01 | $425,738 (28.0%) | $584,732 (23.1%) | 0.00 | 120 |
| 2023-06-01 | $442,700 (36.0%) | $572,558 (17.2%) | 0.00 | 141 |
| 2023-07-01 | $434,500 (29.7%) | $561,971 (12.6%) | 0.00 | 154 |
| 2023-08-01 | $412,363 (19.9%) | $544,031 (10.2%) | 0.00 | 150 |
| 2023-09-01 | $414,900 (20.1%) | $554,054 (10.3%) | 0.00 | 169 |
| 2023-10-01 | $399,500 (14.2%) | $520,966 (6.2%) | 0.00 | 195 |
| 2023-11-01 | $399,250 (14.6%) | $547,292 (5.7%) | 0.00 | 210 |
| 2023-12-01 | $396,000 (20.0%) | $541,821 (8.5%) | 0.00 | 193 |
| 2024-01-01 | $373,688 (15.3%) | $533,780 (14.0%) | 0.00 | 195 |
| 2024-02-01 | $361,150 (11.1%) | $528,930 (8.5%) | 0.00 | 169 |
| 2024-03-01 | $386,750 (8.2%) | $529,320 (2.7%) | 0.00 | 166 |
| 2024-04-01 | $382,750 (2.8%) | $562,944 (3.7%) | 0.00 | 189 |
| 2024-05-01 | $400,000 (-6.1%) | $588,776 (0.7%) | 0.00 | 193 |
| 2024-06-01 | $400,000 (-9.7%) | $573,362 (0.1%) | 0.00 | 231 |
| 2024-07-01 | $412,500 (-5.1%) | $597,840 (6.4%) | 0.00 | 252 |
| 2024-08-01 | $400,000 (-3.0%) | $572,281 (5.2%) | 0.00 | 281 |
| 2024-09-01 | $399,975 (-3.6%) | $549,062 (-0.9%) | 0.00 | 303 |
| 2024-10-01 | $400,000 (0.1%) | $538,407 (3.4%) | 0.00 | 285 |
| 2024-11-01 | $400,000 (0.2%) | $548,862 (0.3%) | 0.00 | 289 |
| 2024-12-01 | $399,950 (1.0%) | $555,687 (2.6%) | 0.00 | 263 |
| 2025-01-01 | $399,975 (7.0%) | $557,115 (4.4%) | 0.00 | 245 |
| 2025-02-01 | $401,973 (11.3%) | $543,508 (2.8%) | 0.00 | 252 |
| 2025-03-01 | $411,495 (6.4%) | $532,944 (0.7%) | 0.00 | 252 |
| 2025-04-01 | $418,750 (9.4%) | $546,531 (-2.9%) | 0.00 | 293 |
| 2025-05-01 | $415,000 (3.8%) | $538,033 (-8.6%) | 0.00 | 344 |
Forest City's median listing price for 2025-05-01 was $415,000, a difference of
$15,000
(3.8%) versus the prior year and
$-3,750 versus the prior month.
Forest City's median listing price comes in at 0% of the national average.
Forest City's average listing price for 2025-05-01 was $538,033, a difference of $-50,743 (-8.6%) versus the prior year and $-8,498 versus the prior month.
For the 2025-05-01 period, Forest City had 344 MLS listings, a difference of 51 listings (17%) versus the prior month and 151 listings (78%) versus the prior year.
Forest City's median listing price comes in at 0% of the national average.
Forest City's average listing price for 2025-05-01 was $538,033, a difference of $-50,743 (-8.6%) versus the prior year and $-8,498 versus the prior month.
For the 2025-05-01 period, Forest City had 344 MLS listings, a difference of 51 listings (17%) versus the prior month and 151 listings (78%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Forest City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,941 sqft |
| 2018-02-01 | 0 days | 1,917 sqft |
| 2018-03-01 | 0 days | 1,962 sqft |
| 2018-04-01 | 0 days | 2,005 sqft |
| 2018-05-01 | 0 days | 2,004 sqft |
| 2018-06-01 | 0 days | 2,001 sqft |
| 2018-07-01 | 0 days | 2,024 sqft |
| 2018-08-01 | 0 days | 2,041 sqft |
| 2018-09-01 | 0 days | 2,073 sqft |
| 2018-10-01 | 0 days | 2,077 sqft |
| 2018-11-01 | 0 days | 2,078 sqft |
| 2018-12-01 | 0 days | 2,098 sqft |
| 2019-01-01 | 0 days | 2,099 sqft |
| 2019-02-01 | 0 days | 2,040 sqft |
| 2019-03-01 | 0 days | 2,025 sqft |
| 2019-04-01 | 0 days | 2,033 sqft |
| 2019-05-01 | 0 days | 2,084 sqft |
| 2019-06-01 | 0 days | 2,184 sqft |
| 2019-07-01 | 0 days | 2,172 sqft |
| 2019-08-01 | 0 days | 2,190 sqft |
| 2019-09-01 | 0 days | 2,144 sqft |
| 2019-10-01 | 0 days | 2,112 sqft |
| 2019-11-01 | 0 days | 2,008 sqft |
| 2019-12-01 | 0 days | 1,961 sqft |
| 2020-01-01 | 0 days | 1,956 sqft |
| 2020-02-01 | 0 days | 1,905 sqft |
| 2020-03-01 | 0 days | 1,981 sqft |
| 2020-04-01 | 0 days | 2,007 sqft |
| 2020-05-01 | 0 days | 2,009 sqft |
| 2020-06-01 | 0 days | 2,102 sqft |
| 2020-07-01 | 0 days | 2,146 sqft |
| 2020-08-01 | 0 days | 2,088 sqft |
| 2020-09-01 | 0 days | 1,951 sqft |
| 2020-10-01 | 0 days | 1,836 sqft |
| 2020-11-01 | 0 days | 1,741 sqft |
| 2020-12-01 | 0 days | 1,739 sqft |
| 2021-01-01 | 0 days | 1,662 sqft |
| 2021-02-01 | 0 days | 1,660 sqft |
| 2021-03-01 | 0 days | 1,692 sqft |
| 2021-04-01 | 0 days | 1,718 sqft |
| 2021-05-01 | 0 days | 2,052 sqft |
| 2021-06-01 | 0 days | 2,144 sqft |
| 2021-07-01 | 0 days | 1,882 sqft |
| 2021-08-01 | 0 days | 1,875 sqft |
| 2021-09-01 | 0 days | 1,903 sqft |
| 2021-10-01 | 0 days | 1,960 sqft |
| 2021-11-01 | 0 days | 1,847 sqft |
| 2021-12-01 | 0 days | 1,833 sqft |
| 2022-01-01 | 0 days | 1,572 sqft |
| 2022-02-01 | 0 days | 1,735 sqft |
| 2022-03-01 | 0 days | 1,914 sqft |
| 2022-04-01 | 0 days | 1,802 sqft |
| 2022-05-01 | 0 days | 1,805 sqft |
| 2022-06-01 | 0 days | 1,787 sqft |
| 2022-07-01 | 0 days | 1,718 sqft |
| 2022-08-01 | 0 days | 1,698 sqft |
| 2022-09-01 | 0 days | 1,672 sqft |
| 2022-10-01 | 0 days | 1,684 sqft |
| 2022-11-01 | 0 days | 1,677 sqft |
| 2022-12-01 | 0 days | 1,664 sqft |
| 2023-01-01 | 0 days | 1,665 sqft |
| 2023-02-01 | 0 days | 1,590 sqft |
| 2023-03-01 | 0 days | 1,597 sqft |
| 2023-04-01 | 0 days | 1,626 sqft |
| 2023-05-01 | 0 days | 1,791 sqft |
| 2023-06-01 | 0 days | 1,810 sqft |
| 2023-07-01 | 0 days | 1,800 sqft |
| 2023-08-01 | 0 days | 1,660 sqft |
| 2023-09-01 | 0 days | 1,664 sqft |
| 2023-10-01 | 0 days | 1,702 sqft |
| 2023-11-01 | 0 days | 1,750 sqft |
| 2023-12-01 | 0 days | 1,749 sqft |
| 2024-01-01 | 0 days | 1,683 sqft |
| 2024-02-01 | 0 days | 1,807 sqft |
| 2024-03-01 | 0 days | 1,815 sqft |
| 2024-04-01 | 0 days | 1,700 sqft |
| 2024-05-01 | 0 days | 1,681 sqft |
| 2024-06-01 | 0 days | 1,672 sqft |
| 2024-07-01 | 0 days | 1,701 sqft |
| 2024-08-01 | 0 days | 1,631 sqft |
| 2024-09-01 | 0 days | 1,634 sqft |
| 2024-10-01 | 0 days | 1,653 sqft |
| 2024-11-01 | 0 days | 1,693 sqft |
| 2024-12-01 | 0 days | 1,643 sqft |
| 2025-01-01 | 0 days | 1,619 sqft |
| 2025-02-01 | 0 days | 1,699 sqft |
| 2025-03-01 | 0 days | 1,755 sqft |
| 2025-04-01 | 0 days | 1,775 sqft |
| 2025-05-01 | 0 days | 1,743 sqft |
Forest City's median listing age (time on market) for 2025-05-01 was 0 days.
Forest City's median square footage for active listings during the 2025-05-01 period was 1,743 sqft. One year prior, the average listing was 1,681 sqft.
Forest City's median square footage for active listings during the 2025-05-01 period was 1,743 sqft. One year prior, the average listing was 1,681 sqft.
Forest City, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 693 | $173,985,000 | $251,061 |
| Cash Out Refi | 199 | $41,585,000 | $208,970 |
| Other | 146 | $14,970,000 | $102,534 |
| Refi | 141 | $25,535,000 | $181,099 |
| Home Improvement | 121 | $13,895,000 | $114,835 |
Forest City's most frequently cited loan purpose was Home Purchase, with 693 originations. The 2nd most popular reason was Cash Out Refi, with 199 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 505 | $124,715,000 | $246,960 |
| 7-8% | 354 | $70,710,000 | $199,746 |
| Over 8% | 222 | $30,610,000 | $137,883 |
| 5-6% | 178 | $39,680,000 | $222,921 |
| <2.5% | 28 | $420,000 | $15,000 |
| 4-5% | 9 | $3,045,000 | $338,333 |
| 2.5-3% | 1 | $205,000 | $205,000 |
During 2024, Forest City's most frequently originated rate bucket was 6-7%, with 505 originations.
Loan Sizing (Forest City, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 452 | $123,540,000 | $273,319 |
| $100k-200k | 406 | $60,370,000 | $148,695 |
| $100,000 or less | 324 | $17,600,000 | $54,321 |
| $400k-600k | 86 | $40,350,000 | $469,186 |
| $600k-1000k | 22 | $15,870,000 | $721,364 |
| $Over $1MM | 10 | $12,240,000 | $1,224,000 |
Forest City's loan sizing saw the bucket of loans from $200k-400k with 452 originations, totaling $123,540,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 497 | $131,135,000 | $263,853 |
| 60-80% | 263 | $72,385,000 | $275,228 |
| 20-40% | 190 | $21,370,000 | $112,474 |
| Under 20% | 173 | $8,255,000 | $47,717 |
| 40-60% | 138 | $27,230,000 | $197,319 |
| Over 100% | 21 | $4,975,000 | $236,905 |
Forest City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 497 originations, totaling $131,135,000 in origination value.