GADSDEN Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Gadsden averaged
5.9%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.06% and
one month ago for the week of 2024-08-29, the
average rate was 6.53%.
Gadsden's average rate one year ago was 7.19%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.42%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Gadsden 30 Year Fixed Rate | 2024-10-03 | 5.9% |
Gadsden 30 Year Fixed Rate Refi | 2024-10-03 | 6.42% |
Gadsden 15 Year Fixed Rate | 2024-10-03 | 5.25% |
Gadsden 15 Year Fixed Rate Refi | 2024-10-03 | 5.85% |
Gadsden 30 Year FHA | 2024-10-03 | 5.8% |
Gadsden 30 Year FHA Refi | 2024-10-03 | 5.99% |
Gadsden 30 Year USDA | 2024-10-03 | 5.97% |
Gadsden 30 Year USDA Refi | 2024-10-03 | 5.77% |
Gadsden 30 Year VA | 2024-10-03 | 5.45% |
Gadsden 30 Year VA Refi | 2024-10-03 | 5.6% |
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.).
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. LouisDate | 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 |
2024-04-01 | $247,450 (4.4%) | $290,126 (6.3%) | 0.00 | 241 |
2024-05-01 | $248,450 (11.2%) | $295,340 (15.7%) | 0.00 | 250 |
2024-06-01 | $249,000 (12.9%) | $306,211 (19.8%) | 0.00 | 275 |
2024-07-01 | $264,450 (20.2%) | $317,018 (20.2%) | 0.00 | 281 |
2024-08-01 | $259,950 (13.1%) | $316,403 (9.6%) | 0.00 | 306 |
2024-09-01 | $251,175 (9.3%) | $315,555 (12.7%) | 0.00 | 326 |
GADSDEN's median listing price comes in at 0% of the national average.
GADSDEN's average listing price for 2024-09-01 was $315,555, a difference of $35,534 (12.7%) versus the prior year and $-848 versus the prior month.
For the 2024-09-01 period, GADSDEN had 326 MLS listings, a difference of 20 listings (7%) versus the prior month and 127 listings (64%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - GADSDEN (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
2024-04-01 | 0 days | 1,877 sqft |
2024-05-01 | 0 days | 1,958 sqft |
2024-06-01 | 0 days | 1,958 sqft |
2024-07-01 | 0 days | 2,056 sqft |
2024-08-01 | 0 days | 2,091 sqft |
2024-09-01 | 0 days | 1,969 sqft |
GADSDEN's median square footage for active listings during the 2024-09-01 period was 1,969 sqft. One year prior, the average listing was 1,934 sqft.
GADSDEN, AL Average Rent (2023)
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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.