GADSDEN Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

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%
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
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 for 2024-09-01 was $251,175, a difference of $21,275 (9.3%) versus the prior year and $-8,775 versus the prior month.

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. 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
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 listing age (time on market) for 2024-09-01 was 0 days.

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)

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.