GADSDEN 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 Gadsden averaged 7.28% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.96% and one month ago for the week of 2024-03-14, the average rate was 6.52%.

    Gadsden's average rate one year ago was 6.15%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.4%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Gadsden 30 Year Fixed Rate 2024-04-18 7.28%
    Gadsden 30 Year Fixed Rate Refi 2024-04-18 7.4%
    Gadsden 15 Year Fixed Rate 2024-04-18 6.19%
    Gadsden 15 Year Fixed Rate Refi 2024-04-18 6.39%
    Gadsden 30 Year FHA 2024-04-18 6.47%
    Gadsden 30 Year FHA Refi 2024-04-18 6.76%
    Gadsden 30 Year USDA 2024-04-18 6.96%
    Gadsden 30 Year USDA Refi 2024-04-18 6.96%
    Gadsden 30 Year VA 2024-04-18 7.02%
    Gadsden 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GADSDEN, AL.

    GADSDEN 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 GADSDEN, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 38 6.83% $6,300
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 37 6.77% $4,793
    First Federal Bank, A FSB 37 6.63% $6,765
    Renasant Bank 30 6.70% $4,571
    ALABAMA TEACHERS 28 6.59% $2,789
    UNITED WHOLESALE MORTGAGE, LLC 18 6.74% $5,618
    SouthPoint Bank 15 6.60% $2,328
    MOVEMENT MORTGAGE, LLC 14 6.94% $5,962
    Regions Bank 13 6.80% $3,358
    GUILD MORTGAGE COMPANY 12 6.97% $6,510
    GMFS LLC 11 6.54% $6,020
    MORTGAGE INVESTORS GROUP, INC. 11 6.36% $4,028
    TJC Mortgage, Inc. 8 7.20% $6,033
    Wells Fargo Bank 8 6.95% $4,139
    BancorpSouth 7 6.66% $3,711
    DHI MORTGAGE COMPANY, LTD. 7 5.30% $2,348
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 7.54% $4,932
    HUNT MORTGAGE CORPORATION 6 6.71% $4,641
    JPMorgan Chase Bank 6 7.21% $3,347
    Prosperity Home Mortgage, LLC 5 6.85% $3,882
    NAVY FEDERAL CREDIT UNION 5 6.70% $7,810
    ACOPIA, LLC 4 7.34% $5,174
    Mortgage Research Center, LLC 4 6.97% $3,606
    FirstBank 4 7.00% $5,301
    REDSTONE Federal Credit Union 4 6.31% $2,824
    AMERISAVE MORTGAGE CORPORATION 4 6.63% $5,233
    Trustmark National Bank 4 7.06% $6,719
    Ameris Bank 4 6.72% $6,498
    LOANDEPOT.COM, LLC 3 6.37% $11,794
    Truist 3 6.53% $5,089
    UNION HOME MORTGAGE CORP. 3 6.75% $5,232
    Consumer First Mortgage, Inc. 3 6.71% $4,872
    PENNYMAC LOAN SERVICES, LLC 3 6.83% $5,384
    MUTUAL OF OMAHA MORTGAGE, INC. 3 7.38% $6,530
    ROYAL UNITED MORTGAGE LLC 3 7.13% $6,661
    River Bank & Trust 3 7.21% $5,967
    STOCKTON MORTGAGE CORPORATION 3 7.13% $7,852
    PNC Bank 3 6.67% $3,709
    GUARANTEED RATE, INC. 2 6.75% $8,250
    Flagstar Bank, FSB 2 6.06% $5,395
    HOMESTAR FINANCIAL CORPORATION 2 6.56% $7,800
    DAS Acquisition Company, LLC 2 6.31% $3,637
    Mr. Cooper ( Nationstar Mortgage ) 2 7.88% $6,521
    CARDINAL FINANCIAL 2 6.94% $5,514
    Capital City Home Loans, LLC 2 6.94% $5,142
    AMERICAN FINANCING CORPORATION 2 7.56% $6,378
    ZILLOW HOME LOANS, LLC 1 7.25% $4,031
    Alabama One Credit Union 1 6.25% $4,399
    AMERICAN FINANCIAL NETWORK, INC. 1 7.13% $3,387
    AMERICAN INTERNET MORTGAGE, INC. 1 5.75% $4,233
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $7,340
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.25% $3,989
    AmeriHome Mortgage Company, LLC 1 5.38% $6,115
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 7.88% $12,362
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.63% $5,811
    BETTER MORTGAGE CORPORATION 1 6.00% $5,623
    BROKER SOLUTIONS, INC. 1 7.63% $6,749
    Centennial Bank 1 6.63% $4,085
    CHEVRON 1 7.38% $3,904
    Citadel Servicing Corporation 1 10.25% $20,080
    Colonial Savings, F.A. 1 6.50% $8,961
    DEEPHAVEN MORTGAGE LLC 1 9.88% $6,534
    Discover Bank 1 8.49% $0
    Family Security Credit Union 1 5.25% $3,302
    Fifth Third Bank 1 8.63% $5,662
    FIRST COLONY MORTGAGE CORPORATION 1 7.63% $4,487
    First Horizon Bank 1 7.50% $3,107
    GUARANTEED RATE AFFINITY, LLC 1 6.93% $0
    Heritage South Credit Union 1 6.75% $2,431
    HONDA Federal Credit Union 1 6.88% $2,870
    INSPIRE HOME LOANS INC. 1 5.75% $3,192
    LAKEVIEW LOAN SERVICING, LLC 1 8.13% $6,274
    Liberty Mortgage Corporation 1 7.63% $2,483
    MILEND, INC. 1 7.38% $7,199
    NATIONS RELIABLE LENDING, LLC 1 5.88% $4,946
    NBKC BANK 1 6.25% $4,540
    NEWREZ LLC 1 6.63% $2,882
    Plains Commerce Bank 1 6.75% $8,068
    PLANET HOME LENDING, LLC 1 7.63% $3,393
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $4,454
    RBC Bank, (Georgia) 1 5.75% $2,160
    Stifel Bank and Trust 1 5.75% $2,368
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $8,926
    SUMMIT FUNDING, INC. 1 5.38% $1,725
    THE MORTGAGE FIRM, INC. 1 5.88% $8,258
    Union Savings Bank 1 5.88% $2,523
    U.S. Bank 1 6.99% $651

    GADSDEN Average Closing Costs & Other Stats

    GADSDEN, AL's 87 lenders originated 1,746 loans during 2023. The total origination value was $276,570,000, with an average loan value of $158,402.

    GADSDEN's average closing costs are $4,446.

    The top GADSDEN lender as defined by loan originations is QUICKEN LOANS, LLC, with 38 loans originated. Their average total fees are $6,300, which is $1,507 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee GADSDEN lenders (with over 10 loans originated) are SouthPoint Bank ($2,328), ALABAMA TEACHERS ($2,789), Regions Bank ($3,358), MORTGAGE INVESTORS GROUP, INC. ($4,028) and Renasant Bank ($4,571).

    The lowest rate GADSDEN lenders (with over 10 loans originated) are MORTGAGE INVESTORS GROUP, INC. (6.36%), GMFS LLC (6.54%), ALABAMA TEACHERS (6.59%), SouthPoint Bank (6.60%) and First Federal Bank, A FSB (6.63%).

    GADSDEN, 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
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $35,200,000 $27,615,000 -21.5% 10.0%
    QUICKEN LOANS, LLC $20,930,000 $19,135,000 -8.6% 6.9%
    First Federal Bank, A FSB $24,500,000 $16,400,000 -33.1% 5.9%
    ALABAMA TEACHERS $21,515,000 $15,360,000 -28.6% 5.6%
    Renasant Bank $18,505,000 $11,285,000 -39.0% 4.1%
    FAMILY SAVINGS $11,180,000 $10,295,000 -7.9% 3.7%
    UNITED WHOLESALE MORTGAGE, LLC $7,360,000 $9,715,000 32.0% 3.5%
    Regions Bank $16,535,000 $9,295,000 -43.8% 3.4%
    Mortgage Research Center, LLC $7,900,000 $8,020,000 1.5% 2.9%
    MORTGAGE INVESTORS GROUP, INC. $10,445,000 $7,915,000 -24.2% 2.9%
    River Bank & Trust $15,255,000 $7,400,000 -51.5% 2.7%
    GUILD MORTGAGE COMPANY $10,970,000 $6,185,000 -43.6% 2.2%
    MOVEMENT MORTGAGE, LLC $3,065,000 $5,525,000 80.3% 2.0%
    GMFS LLC $3,105,000 $5,410,000 74.2% 2.0%
    FirstBank $4,110,000 $4,995,000 21.5% 1.8%
    Metro Bank $3,125,000 $4,550,000 45.6% 1.6%
    DHI MORTGAGE COMPANY, LTD. $3,795,000 $4,510,000 18.8% 1.6%
    Peoples Independent Bank $4,265,000 n/a 1.5%
    Liberty Bank $2,230,000 $3,575,000 60.3% 1.3%
    The Exchange Bank of Alabama $9,770,000 $3,575,000 -63.4% 1.3%
    HUNT MORTGAGE CORPORATION $2,950,000 $3,180,000 7.8% 1.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $2,085,000 $3,150,000 51.1% 1.1%
    NAVY FEDERAL CREDIT UNION $3,055,000 $2,820,000 -7.7% 1.0%
    SouthPoint Bank $665,000 $2,805,000 321.8% 1.0%
    BancorpSouth $2,990,000 $2,665,000 -10.9% 1.0%
    PENNYMAC LOAN SERVICES, LLC $6,875,000 $2,665,000 -61.2% 1.0%
    TJC Mortgage, Inc. $4,125,000 $2,660,000 -35.5% 1.0%
    ACOPIA, LLC $1,225,000 $2,565,000 109.4% 0.9%
    STOCKTON MORTGAGE CORPORATION $2,030,000 n/a 0.7%
    21ST MORTGAGE CORPORATION $1,275,000 $2,025,000 58.8% 0.7%
    NEWREZ LLC $1,275,000 $1,785,000 40.0% 0.6%
    LOANDEPOT.COM, LLC $5,805,000 $1,760,000 -69.7% 0.6%
    REDSTONE Federal Credit Union $1,540,000 $1,720,000 11.7% 0.6%
    Wells Fargo Bank $4,440,000 $1,710,000 -61.5% 0.6%
    Ameris Bank $4,220,000 $1,660,000 -60.7% 0.6%
    GUARANTEED RATE, INC. $140,000 $1,660,000 1,085.7% 0.6%
    AMERISAVE MORTGAGE CORPORATION $1,740,000 $1,460,000 -16.1% 0.5%
    JPMorgan Chase Bank $1,145,000 $1,375,000 20.1% 0.5%
    Prosperity Home Mortgage, LLC $245,000 $1,350,000 451.0% 0.5%
    TRIAD FINANCIAL SERVICES, INC. $645,000 $1,320,000 104.7% 0.5%
    UNION HOME MORTGAGE CORP. $135,000 $1,300,000 863.0% 0.5%
    SUCCESS MORTGAGE PARTNERS, INC. $910,000 $1,275,000 40.1% 0.5%
    Truist $1,980,000 $1,265,000 -36.1% 0.5%
    BROKER SOLUTIONS, INC. $1,750,000 $1,255,000 -28.3% 0.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $595,000 $1,235,000 107.6% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $2,840,000 $1,195,000 -57.9% 0.4%
    Trustmark National Bank $815,000 $1,175,000 44.2% 0.4%
    Flagstar Bank, FSB $915,000 $1,150,000 25.7% 0.4%
    FREEDOM MORTGAGE CORPORATION $3,125,000 $1,130,000 -63.8% 0.4%
    NEW DAY FINANCIAL, LLC $1,195,000 $1,090,000 -8.8% 0.4%
    EvaBank $685,000 $1,020,000 48.9% 0.4%
    PNC Bank $2,060,000 $940,000 -54.4% 0.3%
    HOMESTAR FINANCIAL CORPORATION $1,855,000 $880,000 -52.6% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $765,000 $870,000 13.7% 0.3%
    USAA Federal Savings Bank $1,950,000 $845,000 -56.7% 0.3%
    HONDA Federal Credit Union $1,110,000 $820,000 -26.1% 0.3%
    MILEND, INC. $805,000 n/a 0.3%
    DAS Acquisition Company, LLC $675,000 n/a 0.2%
    Hamilton Mortgage Corporation $145,000 $660,000 355.2% 0.2%
    PLANET HOME LENDING, LLC $655,000 n/a 0.2%
    Troy Bank and Trust Company $645,000 n/a 0.2%
    Citadel Servicing Corporation $605,000 n/a 0.2%
    Discover Bank $255,000 $600,000 135.3% 0.2%
    Goldwater Bank, N.A. $4,970,000 $585,000 -88.2% 0.2%
    Cornerstone First Mortgage, Inc $580,000 n/a 0.2%
    AMERICAN INTERNET MORTGAGE, INC. $555,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $1,210,000 $545,000 -55.0% 0.2%
    Paramount Residential Mortgage Group, Inc. $545,000 n/a 0.2%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $115,000 $525,000 356.5% 0.2%
    Stifel Bank and Trust $525,000 n/a 0.2%
    Peoples Bank of Alabama $1,165,000 $505,000 -56.7% 0.2%
    INSPIRE HOME LOANS INC. $350,000 $495,000 41.4% 0.2%
    THE MORTGAGE FIRM, INC. $790,000 $480,000 -39.2% 0.2%
    CARDINAL FINANCIAL $1,220,000 $455,000 -62.7% 0.2%
    The Hometown Bank of Alabama $1,595,000 $455,000 -71.5% 0.2%
    PENTAGON FEDERAL CREDIT UNION $120,000 $450,000 275.0% 0.2%
    United Community Bank $230,000 $435,000 89.1% 0.2%
    Plains Commerce Bank $400,000 n/a 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $395,000 n/a 0.1%
    Farmers Bank & Trust $395,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $395,000 n/a 0.1%
    Ixonia Bank $395,000 n/a 0.1%
    Capital City Home Loans, LLC $390,000 n/a 0.1%
    United Fidelity Funding Corp. $385,000 n/a 0.1%
    Consumer First Mortgage, Inc. $795,000 $375,000 -52.8% 0.1%
    First South Farm Credit, ACA $375,000 n/a 0.1%
    U.S. Bank $585,000 $375,000 -35.9% 0.1%
    FINANCE OF AMERICA REVERSE LLC $370,000 n/a 0.1%
    CIS Financial Services, Inc. $135,000 $365,000 170.4% 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $245,000 $365,000 49.0% 0.1%
    AMERICAN PORTFOLIO MORTGAGE CORPORATION $360,000 n/a 0.1%
    Citizens Bank & Trust $655,000 $360,000 -45.0% 0.1%
    EVERETT FINANCIAL, INC. $800,000 $355,000 -55.6% 0.1%
    AMERICA'S FIRST $1,070,000 $345,000 -67.8% 0.1%
    NATIONWIDE MORTGAGE BANKERS, INC. $345,000 n/a 0.1%
    The Loan Store, Inc. $335,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $175,000 $330,000 88.6% 0.1%
    Coastal Community Bank $315,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $310,000 n/a 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $535,000 $310,000 -42.1% 0.1%
    Barrington Bank & Trust Company, N.A. $210,000 $300,000 42.9% 0.1%
    BankFirst Financial Services $295,000 n/a 0.1%
    CMG MORTGAGE, INC. $775,000 $295,000 -61.9% 0.1%
    Union Savings Bank $285,000 n/a 0.1%
    University Bank $285,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $480,000 $285,000 -40.6% 0.1%
    SUMMIT FUNDING, INC. $280,000 n/a 0.1%
    Bank of America $95,000 $275,000 189.5% 0.1%
    Family Security Credit Union $170,000 $275,000 61.8% 0.1%
    ROYAL UNITED MORTGAGE LLC $245,000 $275,000 12.2% 0.1%
    Figure Lending LLC $250,000 n/a 0.1%
    COMMUNITYAMERICA $245,000 n/a 0.1%
    EMBRACE HOME LOANS, INC. $235,000 n/a 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $235,000 n/a 0.1%
    Mid-Continent Funding, Inc. $235,000 n/a 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $655,000 $235,000 -64.1% 0.1%
    Greenbox Loans, Inc. $230,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $425,000 $225,000 -47.1% 0.1%
    RBC Bank, (Georgia) $225,000 n/a 0.1%
    NBKC BANK $215,000 n/a 0.1%
    Alabama One Credit Union $315,000 $205,000 -34.9% 0.1%
    CHEVRON $205,000 n/a 0.1%
    First Financial Bank $205,000 n/a 0.1%
    Century Mortgage Company DBA Century Lending Company $195,000 n/a 0.1%
    Centennial Bank $185,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $180,000 n/a 0.1%
    Colonial Savings, F.A. $175,000 n/a 0.1%
    Equity Prime Mortgage LLC $175,000 n/a 0.1%
    FIRST COLONY MORTGAGE CORPORATION $175,000 n/a 0.1%
    LEADERONE FINANCIAL CORPORATION $95,000 $175,000 84.2% 0.1%
    MID AMERICA MORTGAGE, INC. $115,000 $175,000 52.2% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $175,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $195,000 $175,000 -10.3% 0.1%
    1ST SIGNATURE LENDING, LLC $165,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $165,000 n/a 0.1%
    First Horizon Bank $165,000 n/a 0.1%
    Liberty Mortgage Corporation $165,000 n/a 0.1%
    THE MONEY SOURCE INC. $165,000 n/a 0.1%
    A&D Mortgage LLC $155,000 n/a 0.1%
    LOANPAL, LLC $155,000 n/a 0.1%
    AMWEST FUNDING CORP. $150,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $145,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $135,000 n/a 0.0%
    First Savings Bank $135,000 n/a 0.0%
    Victorian Finance, LLC $135,000 n/a 0.0%
    Neighborhood Loans, Inc. $125,000 n/a 0.0%
    NFM, INC. $430,000 $125,000 -70.9% 0.0%
    PLAZA HOME MORTGAGE, INC. $125,000 n/a 0.0%
    APCO EMPLOYEES $730,000 $120,000 -83.6% 0.0%
    Bank of England $410,000 $115,000 -72.0% 0.0%
    Heritage South Credit Union $115,000 n/a 0.0%
    NATIONS RELIABLE LENDING, LLC $115,000 n/a 0.0%
    Fifth Third Bank $750,000 $110,000 -85.3% 0.0%
    Farmers & Merchants Bank $105,000 n/a 0.0%
    TOP FLITE FINANCIAL, INC. $105,000 n/a 0.0%
    Carrington Mortgage Services, LLC $655,000 $100,000 -84.7% 0.0%
    Bank Independent $95,000 n/a 0.0%
    RELIANCE FIRST CAPITAL, LLC $290,000 $95,000 -67.2% 0.0%
    SUPERIOR CHOICE $95,000 n/a 0.0%
    INTERLINC MORTGAGE SERVICES, LLC $105,000 $75,000 -28.6% 0.0%
    PHH Mortgage Corporation $390,000 $65,000 -83.3% 0.0%
    Community South Credit Union $55,000 n/a 0.0%
    SPRING EQ, LLC $285,000 $55,000 -80.7% 0.0%
    Synovus Bank $500,000 $55,000 -89.0% 0.0%
    First National Bank of Pulaski $45,000 n/a 0.0%
    TOWER $35,000 n/a 0.0%
    AVADIAN $135,000 $25,000 -81.5% 0.0%

    GADSDEN's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 10.0% market share. In second place, with 6.9%, is QUICKEN LOANS, LLC, having originated $19,135,000 in loans. In third place, with 5.9%, is First Federal Bank, A FSB, having originated $16,400,000 in loans. In fourth place, with 5.6%, is ALABAMA TEACHERS, having originated $15,360,000 in loans. In fifth place, with 4.1%, is Renasant Bank, having originated $11,285,000 in loans.

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

    Realtor.com - GADSDEN (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 $148,450 (8.4%) $189,116 (9.4%) 0.00 450
    2018-02-01 $152,738 (13.0%) $192,205 (11.1%) 0.00 449
    2018-03-01 $155,000 (5.4%) $193,312 (6.6%) 0.00 455
    2018-04-01 $155,175 (3.5%) $191,110 (1.6%) 0.00 472
    2018-05-01 $149,700 (-0.1%) $187,542 (-0.9%) 0.00 473
    2018-06-01 $149,900 (0.0%) $191,817 (2.2%) 0.00 475
    2018-07-01 $149,900 (0.0%) $192,571 (4.0%) 0.00 508
    2018-08-01 $149,900 (0.6%) $189,307 (1.9%) 0.00 517
    2018-09-01 $159,900 (4.2%) $195,883 (2.5%) 0.00 521
    2018-10-01 $159,900 (3.2%) $195,499 (2.7%) 0.00 522
    2018-11-01 $159,900 (3.4%) $195,784 (2.2%) 0.00 500
    2018-12-01 $155,900 (4.0%) $193,873 (3.2%) 0.00 473
    2019-01-01 $149,900 (1.0%) $191,527 (1.3%) 0.00 449
    2019-02-01 $149,675 (-2.0%) $188,608 (-1.9%) 0.00 438
    2019-03-01 $155,757 (0.5%) $193,994 (0.4%) 0.00 422
    2019-04-01 $164,900 (6.3%) $198,598 (3.9%) 0.00 404
    2019-05-01 $169,900 (13.5%) $204,806 (9.2%) 0.00 397
    2019-06-01 $174,700 (16.5%) $204,496 (6.6%) 0.00 399
    2019-07-01 $174,900 (16.7%) $207,933 (8.0%) 0.00 412
    2019-08-01 $169,936 (13.4%) $206,077 (8.9%) 0.00 419
    2019-09-01 $164,291 (2.8%) $204,714 (4.5%) 0.00 426
    2019-10-01 $160,425 (0.3%) $203,894 (4.3%) 0.00 431
    2019-11-01 $169,900 (6.3%) $207,990 (6.2%) 0.00 402
    2019-12-01 $169,900 (9.0%) $210,659 (8.7%) 0.00 380
    2020-01-01 $169,900 (13.3%) $213,145 (11.3%) 0.00 367
    2020-02-01 $165,000 (10.2%) $208,079 (10.3%) 0.00 355
    2020-03-01 $179,900 (15.5%) $218,205 (12.5%) 0.00 311
    2020-04-01 $183,075 (11.0%) $222,147 (11.9%) 0.00 299
    2020-05-01 $179,900 (5.9%) $223,599 (9.2%) 0.00 289
    2020-06-01 $184,425 (5.6%) $227,804 (11.4%) 0.00 268
    2020-07-01 $189,900 (8.6%) $234,581 (12.8%) 0.00 266
    2020-08-01 $175,000 (3.0%) $231,744 (12.5%) 0.00 242
    2020-09-01 $172,400 (4.9%) $229,737 (12.2%) 0.00 214
    2020-10-01 $169,900 (5.9%) $227,044 (11.4%) 0.00 213
    2020-11-01 $169,900 (0.0%) $229,932 (10.6%) 0.00 206
    2020-12-01 $169,900 (0.0%) $230,414 (9.4%) 0.00 202
    2021-01-01 $168,900 (-0.6%) $232,090 (8.9%) 0.00 173
    2021-02-01 $177,450 (7.6%) $243,861 (17.2%) 0.00 136
    2021-03-01 $185,550 (3.1%) $251,617 (15.3%) 0.00 127
    2021-04-01 $188,900 (3.2%) $253,225 (14.0%) 0.00 136
    2021-05-01 $187,900 (4.5%) $260,142 (16.3%) 0.00 118
    2021-06-01 $207,500 (12.5%) $265,886 (16.7%) 0.00 128
    2021-07-01 $229,900 (21.1%) $264,011 (12.6%) 0.00 167
    2021-08-01 $231,150 (32.1%) $273,704 (18.1%) 0.00 170
    2021-09-01 $222,475 (29.1%) $272,359 (18.6%) 0.00 166
    2021-10-01 $199,900 (17.7%) $258,212 (13.7%) 0.00 160
    2021-11-01 $199,900 (17.7%) $239,881 (4.3%) 0.00 160
    2021-12-01 $189,900 (11.8%) $233,642 (1.4%) 0.00 155
    2022-01-01 $198,000 (17.2%) $247,562 (6.7%) 0.00 123
    2022-02-01 $205,725 (15.9%) $247,703 (1.6%) 0.00 101
    2022-03-01 $174,450 (-6.0%) $201,022 (-20.1%) 0.00 128
    2022-04-01 $192,400 (1.9%) $215,856 (-14.8%) 0.00 120
    2022-05-01 $231,175 (23.0%) $258,654 (-0.6%) 0.00 162
    2022-06-01 $219,900 (6.0%) $267,037 (0.4%) 0.00 172
    2022-07-01 $224,900 (-2.2%) $245,569 (-7.0%) 0.00 203
    2022-08-01 $229,945 (-0.5%) $256,177 (-6.4%) 0.00 213
    2022-09-01 $226,000 (1.6%) $264,485 (-2.9%) 0.00 230
    2022-10-01 $225,198 (12.7%) $258,700 (0.2%) 0.00 233
    2022-11-01 $225,000 (12.6%) $258,928 (7.9%) 0.00 243
    2022-12-01 $226,950 (19.5%) $259,629 (11.1%) 0.00 220
    2023-01-01 $224,900 (13.6%) $255,285 (3.1%) 0.00 191
    2023-02-01 $224,950 (9.3%) $258,429 (4.3%) 0.00 190
    2023-03-01 $214,450 (22.9%) $245,865 (22.3%) 0.00 184
    2023-04-01 $237,000 (23.2%) $272,933 (26.4%) 0.00 166
    2023-05-01 $223,475 (-3.3%) $255,303 (-1.3%) 0.00 186
    2023-06-01 $220,600 (0.3%) $255,577 (-4.3%) 0.00 188
    2023-07-01 $220,000 (-2.2%) $263,839 (7.4%) 0.00 187
    2023-08-01 $229,925 (0.0%) $288,831 (12.8%) 0.00 194
    2023-09-01 $229,900 (1.7%) $280,021 (5.9%) 0.00 199
    2023-10-01 $223,725 (-0.7%) $277,651 (7.3%) 0.00 218
    2023-11-01 $237,725 (5.7%) $293,773 (13.5%) 0.00 225
    2023-12-01 $230,950 (1.8%) $290,317 (11.8%) 0.00 231
    2024-01-01 $248,225 (10.4%) $301,002 (17.9%) 0.00 220
    2024-02-01 $252,225 (12.1%) $301,817 (16.8%) 0.00 217
    2024-03-01 $248,950 (16.1%) $296,370 (20.5%) 0.00 236
    GADSDEN's median listing price for 2024-03-01 was $248,950, a difference of $34,500 (16.1%) versus the prior year and $-3,275 versus the prior month.

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

    GADSDEN's average listing price for 2024-03-01 was $296,370, a difference of $50,505 (20.5%) versus the prior year and $-5,447 versus the prior month.

    For the 2024-03-01 period, GADSDEN had 236 MLS listings, a difference of 19 listings (9%) versus the prior month and 52 listings (28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - GADSDEN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,884 sqft
    2018-02-01 0 days 1,900 sqft
    2018-03-01 0 days 1,900 sqft
    2018-04-01 0 days 1,897 sqft
    2018-05-01 0 days 1,879 sqft
    2018-06-01 0 days 1,900 sqft
    2018-07-01 0 days 1,900 sqft
    2018-08-01 0 days 1,872 sqft
    2018-09-01 0 days 1,900 sqft
    2018-10-01 0 days 1,900 sqft
    2018-11-01 0 days 1,900 sqft
    2018-12-01 0 days 1,900 sqft
    2019-01-01 0 days 1,891 sqft
    2019-02-01 0 days 1,885 sqft
    2019-03-01 0 days 1,942 sqft
    2019-04-01 0 days 2,000 sqft
    2019-05-01 0 days 2,028 sqft
    2019-06-01 0 days 2,084 sqft
    2019-07-01 0 days 2,091 sqft
    2019-08-01 0 days 2,065 sqft
    2019-09-01 0 days 2,033 sqft
    2019-10-01 0 days 2,017 sqft
    2019-11-01 0 days 2,052 sqft
    2019-12-01 0 days 2,059 sqft
    2020-01-01 0 days 2,009 sqft
    2020-02-01 0 days 2,000 sqft
    2020-03-01 0 days 2,075 sqft
    2020-04-01 0 days 2,110 sqft
    2020-05-01 0 days 2,110 sqft
    2020-06-01 0 days 2,118 sqft
    2020-07-01 0 days 2,160 sqft
    2020-08-01 0 days 2,100 sqft
    2020-09-01 0 days 2,053 sqft
    2020-10-01 0 days 2,035 sqft
    2020-11-01 0 days 2,086 sqft
    2020-12-01 0 days 2,021 sqft
    2021-01-01 0 days 2,000 sqft
    2021-02-01 0 days 2,064 sqft
    2021-03-01 0 days 2,145 sqft
    2021-04-01 0 days 2,120 sqft
    2021-05-01 0 days 2,095 sqft
    2021-06-01 0 days 2,105 sqft
    2021-07-01 0 days 2,100 sqft
    2021-08-01 0 days 2,094 sqft
    2021-09-01 0 days 2,058 sqft
    2021-10-01 0 days 2,045 sqft
    2021-11-01 0 days 1,998 sqft
    2021-12-01 0 days 1,992 sqft
    2022-01-01 0 days 1,936 sqft
    2022-02-01 0 days 1,973 sqft
    2022-03-01 0 days 1,753 sqft
    2022-04-01 0 days 1,915 sqft
    2022-05-01 0 days 1,919 sqft
    2022-06-01 0 days 1,918 sqft
    2022-07-01 0 days 1,936 sqft
    2022-08-01 0 days 1,934 sqft
    2022-09-01 0 days 1,931 sqft
    2022-10-01 0 days 1,904 sqft
    2022-11-01 0 days 1,975 sqft
    2022-12-01 0 days 1,975 sqft
    2023-01-01 0 days 1,969 sqft
    2023-02-01 0 days 1,970 sqft
    2023-03-01 0 days 1,938 sqft
    2023-04-01 0 days 2,100 sqft
    2023-05-01 0 days 1,953 sqft
    2023-06-01 0 days 1,919 sqft
    2023-07-01 0 days 1,946 sqft
    2023-08-01 0 days 1,962 sqft
    2023-09-01 0 days 1,934 sqft
    2023-10-01 0 days 1,874 sqft
    2023-11-01 0 days 1,899 sqft
    2023-12-01 0 days 1,958 sqft
    2024-01-01 0 days 2,007 sqft
    2024-02-01 0 days 1,983 sqft
    2024-03-01 0 days 1,894 sqft
    GADSDEN's median listing age (time on market) for 2024-03-01 was 0 days.

    GADSDEN's median square footage for active listings during the 2024-03-01 period was 1,894 sqft. One year prior, the average listing was 1,938 sqft.

    GADSDEN, AL Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    35121 Gadsden, AL MSA $690 $740 $850 $1,100 $1,190
    35901 Gadsden, AL MSA $500 $640 $750 $950 $1,010
    35902 Gadsden, AL MSA $510 $660 $770 $970 $1,030
    35903 Gadsden, AL MSA $690 $740 $850 $1,100 $1,190
    35904 Gadsden, AL MSA $500 $640 $750 $950 $1,010
    35905 Gadsden, AL MSA $510 $630 $740 $940 $1,000
    35906 Gadsden, AL MSA $690 $760 $890 $1,130 $1,200
    35907 Gadsden, AL MSA $680 $870 $1,020 $1,290 $1,370
    35952 Gadsden, AL MSA $690 $740 $850 $1,100 $1,190
    35954 Gadsden, AL MSA $500 $630 $740 $940 $990
    35956 Gadsden, AL MSA $500 $640 $750 $950 $1,010
    35957 Gadsden, AL MSA $690 $740 $850 $1,100 $1,190
    35961 Gadsden, AL MSA $500 $630 $740 $940 $990
    35972 Gadsden, AL MSA $690 $740 $850 $1,100 $1,190
    35990 Gadsden, AL MSA $540 $640 $740 $940 $1,010
    36271 Gadsden, AL MSA $590 $590 $780 $1,060 $1,150
    36272 Gadsden, AL MSA $550 $570 $740 $1,000 $1,080

    2022 Average & Median Rent Data Statistics
    GADSDEN, AL average 1BR rent: $682, median: $640
    GADSDEN, AL average 2BR rent: $804, median: $770
    GADSDEN, AL average 3BR rent: $1,033, median: $1,000

    GADSDEN, AL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 988 $196,150,000 $198,532
    Other 272 $16,300,000 $59,926
    Cash Out Refi 183 $29,365,000 $160,464
    Refi 176 $26,330,000 $149,602
    Home Improvement 127 $8,425,000 $66,339

    Gadsden's most frequently cited loan purpose was Home Purchase, with 988 originations. The 2nd most popular reason was Other, with 272 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 609 $112,725,000 $185,099
    Over 8% 376 $29,200,000 $77,660
    7-8% 373 $56,625,000 $151,810
    5-6% 231 $50,815,000 $219,978
    4-5% 32 $6,150,000 $192,188
    <2.5% 6 $880,000 $146,667
    3-4% 6 $1,380,000 $230,000

    During 2023, Gadsden's most frequently originated rate bucket was 6-7%, with 609 originations.

    Loan Sizing (GADSDEN, AL MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 680 $36,630,000 $53,868
    $100k-200k 556 $80,800,000 $145,324
    $200k-400k 440 $117,140,000 $266,227
    $400k-600k 49 $23,585,000 $481,327
    $600k-1000k 17 $11,685,000 $687,353
    $Over $1MM 4 $6,730,000 $1,682,500

    GADSDEN's loan sizing saw the bucket of loans from $100,000 or less with 680 originations, totaling $36,630,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 755 $154,235,000 $204,285
    60-80% 290 $55,000,000 $189,655
    Under 20% 224 $7,930,000 $35,402
    20-40% 201 $15,225,000 $75,746
    40-60% 137 $19,595,000 $143,029
    Over 100% 21 $4,945,000 $235,476

    GADSDEN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 755 originations, totaling $154,235,000 in origination value.