Gaffney 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 Gaffney averaged 6.4% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.69% and one month ago for the week of 2024-11-07, the average rate was 6.79%.

    Gaffney's average rate one year ago was 6.93%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.6%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Gaffney 30 Year Fixed Rate 2024-12-12 6.4%
    Gaffney 30 Year Fixed Rate Refi 2024-12-12 6.6%
    Gaffney 15 Year Fixed Rate 2024-12-12 5.84%
    Gaffney 15 Year Fixed Rate Refi 2024-12-12 6.34%
    Gaffney 30 Year FHA 2024-12-12 6%
    Gaffney 30 Year FHA Refi 2024-12-12 6.28%
    Gaffney 30 Year USDA 2024-12-12 6.1%
    Gaffney 30 Year USDA Refi 2024-12-12 6.2%
    Gaffney 30 Year VA 2024-12-12 6.21%
    Gaffney 30 Year VA Refi 2024-12-12 5.98%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Gaffney, SC.

    Gaffney 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 Gaffney, SC 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
    First Piedmont Federal Savings and Loan Association of Gaffney 50 5.86% $5,319
    QUICKEN LOANS, LLC 25 6.85% $7,193
    PRIMELENDING, A PLAINSCAPITAL COMPANY 14 6.84% $6,883
    FOUNDERS FEDERAL CREDIT UNION 13 7.62% $2,997
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 11 6.69% $3,239
    UNITED WHOLESALE MORTGAGE, LLC 11 6.80% $7,868
    Sierra Pacific Mortgage Company, Inc. 10 6.43% $7,157
    Wells Fargo Bank 7 6.43% $4,537
    INSPIRE HOME LOANS INC. 7 6.45% $5,408
    STATE EMPLOYEES' 7 6.04% $3,826
    MOVEMENT MORTGAGE, LLC 6 7.21% $6,393
    VANDERBILT MORTGAGE AND FINANCE, INC. 6 7.49% $4,185
    MIDLAND MORTGAGE CORPORATION 6 7.00% $4,893
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.35% $5,343
    CROSSCOUNTRY MORTGAGE, LLC 5 7.10% $4,626
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 3 5.40% $4,894
    NAVY FEDERAL CREDIT UNION 3 6.50% $5,202
    NEWREZ LLC 3 6.42% $4,330
    ROYAL UNITED MORTGAGE LLC 3 7.38% $8,684
    GUILD MORTGAGE COMPANY 3 6.75% $5,154
    JPMorgan Chase Bank 3 6.79% $977
    SOUTH CAROLINA FEDERAL CREDIT UNION 2 6.06% $5,663
    GUARANTEED RATE, INC. 2 6.16% $6,099
    South State Bank 2 7.13% $4,616
    First Savings Bank 2 6.44% $5,370
    ZILLOW HOME LOANS, LLC 2 6.06% $11,430
    BROKER SOLUTIONS, INC. 2 7.06% $6,625
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 7.94% $6,704
    Blue Ridge Bank 2 7.50% $3,286
    Paramount Residential Mortgage Group, Inc. 2 6.31% $8,888
    First-Citizens Bank & Trust Company 2 6.44% $3,569
    United Community Bank 2 6.31% $3,211
    CAROLINA FOOTHILLS 2 5.96% $4,332
    U.S. Bank 2 7.06% $2,389
    First Federal Bank 2 6.56% $4,305
    First Community Bank 2 6.69% $7,180
    MUTUAL OF OMAHA MORTGAGE, INC. 2 7.06% $5,622
    CHURCHILL MORTGAGE CORPORATION 2 6.75% $5,074
    CHARLOTTE METRO FEDERAL CREDIT UNION 2 6.80% $3,037
    THRIVE MORTGAGE, LLC 1 6.25% $4,280
    AgFirst Farm Credit Bank 1 6.75% $6,306
    American Security Mortgage Corp. 1 7.50% $5,014
    Arthur State Bank 1 8.00% $4,342
    Bank of America 1 5.75% $10,023
    CANOPY MORTGAGE, LLC 1 7.38% $4,790
    CAPITAL CENTER, L.L.C. 1 7.13% $885
    Carrington Mortgage Services, LLC 1 6.88% $5,956
    Countybank 1 4.88% $3,288
    CPM Federal Credit Union 1 5.69% $4,621
    Dollar Bank, Federal Savings Bank 1 7.25% $7,035
    First Horizon Bank 1 6.63% $3,623
    First National Bank of Pennsylvania 1 7.13% $3,814
    GREENVILLE FEDERAL CREDIT UNION 1 7.00% $5,374
    GSF Mortgage Corporation 1 6.99% $12,153
    HOMESPIRE MORTGAGE CORPORATION 1 6.63% $3,790
    HomeTrust Bank 1 5.88% $3,398
    INTERCOASTAL MORTGAGE COMPANY 1 7.25% $8,382
    Kwik Mortgage Corporation 1 7.00% $2,798
    LOANDEPOT.COM, LLC 1 6.88% $11,076
    Mr. Cooper ( Nationstar Mortgage ) 1 7.13% $10,255
    North American Savings Bank, F.S.B. 1 8.50% $5,281
    NP, Inc. 1 10.25% $7,845
    ON Q FINANCIAL, INC. 1 7.38% $4,567
    Presidential Bank, FSB 1 6.99% $4,268
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 7.25% $6,816
    RADIUS FINANCIAL GROUP INC. 1 5.88% $4,546
    Regions Bank 1 7.88% $4,148
    RESOURCE FINANCIAL SERVICES, INC. 1 7.00% $6,586
    Sandy Spring Bank 1 6.63% $4,224
    Southern First Bank 1 6.38% $4,390
    SUMMIT FUNDING, INC. 1 6.99% $8,672
    TD Bank 1 7.49% $99
    The Park National Bank 1 6.75% $4,952
    Advisors Mortgage Group, L.L.C. 1 6.50% $3,658
    Truist 1 6.70% $3,364
    Truliant Federal Credit Union 1 5.50% $3,651
    Vellum Mortgage, Inc. 1 6.50% $3,530

    Gaffney Average Closing Costs & Other Stats

    Gaffney, SC's 77 lenders originated 994 loans during 2023. The total origination value was $186,750,000, with an average loan value of $187,877.

    Gaffney's average closing costs are $5,214.

    The top Gaffney lender as defined by loan originations is First Piedmont Federal Savings and Loan Association of Gaffney, with 50 loans originated. Their average total fees are $5,319, which is $1,873 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Gaffney lenders (with over 10 loans originated) are FOUNDERS FEDERAL CREDIT UNION ($2,997), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($3,239), First Piedmont Federal Savings and Loan Association of Gaffney ($5,319), PRIMELENDING, A PLAINSCAPITAL COMPANY ($6,883) and Sierra Pacific Mortgage Company, Inc. ($7,157).

    The lowest rate Gaffney lenders (with over 10 loans originated) are First Piedmont Federal Savings and Loan Association of Gaffney (5.86%), Sierra Pacific Mortgage Company, Inc. (6.43%), ARK-LA-TEX FINANCIAL SERVICES, LLC. (6.69%), UNITED WHOLESALE MORTGAGE, LLC (6.80%) and PRIMELENDING, A PLAINSCAPITAL COMPANY (6.84%).

    Gaffney, SC 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
    First Piedmont Federal Savings and Loan Association of Gaffney $19,855,000 $23,600,000 18.9% 12.6%
    QUICKEN LOANS, LLC $12,365,000 $12,475,000 0.9% 6.7%
    INSPIRE HOME LOANS INC. $10,100,000 n/a 5.4%
    UNITED WHOLESALE MORTGAGE, LLC $3,435,000 $7,125,000 107.4% 3.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $6,705,000 $6,665,000 -0.6% 3.6%
    VANDERBILT MORTGAGE AND FINANCE, INC. $3,695,000 $6,370,000 72.4% 3.4%
    CBRE MULTIFAMILY CAPITAL, INC. $5,555,000 n/a 3.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $4,890,000 $5,330,000 9.0% 2.9%
    FOUNDERS FEDERAL CREDIT UNION $8,020,000 $5,140,000 -35.9% 2.8%
    Sierra Pacific Mortgage Company, Inc. $3,860,000 $5,085,000 31.7% 2.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,275,000 $4,635,000 -26.1% 2.5%
    MOVEMENT MORTGAGE, LLC $6,535,000 $4,605,000 -29.5% 2.5%
    Mortgage Research Center, LLC $4,635,000 $4,295,000 -7.3% 2.3%
    Arbor Realty Trust, Inc. $3,935,000 n/a 2.1%
    GUILD MORTGAGE COMPANY $5,390,000 $3,705,000 -31.3% 2.0%
    CROSSCOUNTRY MORTGAGE, LLC $1,590,000 $2,830,000 78.0% 1.5%
    Prudential Huntoon Paige Associates, LLC $2,165,000 $2,685,000 24.0% 1.4%
    CARDINAL FINANCIAL $2,785,000 $2,345,000 -15.8% 1.3%
    MIDLAND MORTGAGE CORPORATION $4,605,000 $2,255,000 -51.0% 1.2%
    21ST MORTGAGE CORPORATION $1,555,000 $2,105,000 35.4% 1.1%
    STATE EMPLOYEES' $2,655,000 $2,090,000 -21.3% 1.1%
    United Community Bank $2,140,000 $2,055,000 -4.0% 1.1%
    First-Citizens Bank & Trust Company $1,615,000 $1,840,000 13.9% 1.0%
    Ameris Bank $430,000 $1,800,000 318.6% 1.0%
    PENNYMAC LOAN SERVICES, LLC $1,450,000 $1,755,000 21.0% 0.9%
    United Bank $175,000 $1,570,000 797.1% 0.8%
    NAVY FEDERAL CREDIT UNION $1,040,000 $1,515,000 45.7% 0.8%
    HOMESTAR FINANCIAL CORPORATION $705,000 $1,475,000 109.2% 0.8%
    Wells Fargo Bank $2,910,000 $1,395,000 -52.1% 0.7%
    Truist $1,640,000 $1,375,000 -16.2% 0.7%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 $1,350,000 900.0% 0.7%
    South State Bank $1,055,000 $1,325,000 25.6% 0.7%
    Paramount Residential Mortgage Group, Inc. $125,000 $1,255,000 904.0% 0.7%
    The Fidelity Bank $315,000 $1,205,000 282.5% 0.6%
    BROKER SOLUTIONS, INC. $2,710,000 $1,110,000 -59.0% 0.6%
    Flagstar Bank, FSB $920,000 $1,100,000 19.6% 0.6%
    NEWREZ LLC $575,000 $1,005,000 74.8% 0.5%
    First National Bank of Pennsylvania $1,565,000 $990,000 -36.7% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,380,000 $960,000 -30.4% 0.5%
    FREEDOM MORTGAGE CORPORATION $2,150,000 $955,000 -55.6% 0.5%
    First Community Bank $185,000 $940,000 408.1% 0.5%
    First Federal Bank $905,000 $930,000 2.8% 0.5%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $385,000 $915,000 137.7% 0.5%
    NEW DAY FINANCIAL, LLC $215,000 $905,000 320.9% 0.5%
    Arthur State Bank $330,000 $830,000 151.5% 0.4%
    Bank of America $2,260,000 $825,000 -63.5% 0.4%
    LOANDEPOT.COM, LLC $2,925,000 $810,000 -72.3% 0.4%
    ON Q FINANCIAL, INC. $1,295,000 $715,000 -44.8% 0.4%
    Truliant Federal Credit Union $690,000 $690,000 0.0% 0.4%
    INTERCOASTAL MORTGAGE COMPANY $510,000 $660,000 29.4% 0.4%
    GUARANTEED RATE, INC. $520,000 $655,000 26.0% 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $280,000 $650,000 132.1% 0.3%
    GSF Mortgage Corporation $645,000 n/a 0.3%
    American Security Mortgage Corp. $285,000 $630,000 121.1% 0.3%
    SOUTH CAROLINA FEDERAL CREDIT UNION $1,580,000 $620,000 -60.8% 0.3%
    1ST SIGNATURE LENDING, LLC $615,000 n/a 0.3%
    CAROLINA FOOTHILLS $265,000 $585,000 120.8% 0.3%
    ROYAL UNITED MORTGAGE LLC $170,000 $580,000 241.2% 0.3%
    Renasant Bank $830,000 $540,000 -34.9% 0.3%
    RESOURCE FINANCIAL SERVICES, INC. $280,000 $505,000 80.4% 0.3%
    RELIANCE FIRST CAPITAL, LLC $230,000 $500,000 117.4% 0.3%
    ZILLOW HOME LOANS, LLC $235,000 $500,000 112.8% 0.3%
    Fifth Third Bank $105,000 $495,000 371.4% 0.3%
    HomeTrust Bank $840,000 $495,000 -41.1% 0.3%
    Dollar Bank, Federal Savings Bank $370,000 $475,000 28.4% 0.3%
    Kwik Mortgage Corporation $465,000 n/a 0.2%
    Blue Ridge Bank $295,000 $460,000 55.9% 0.2%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $155,000 $440,000 183.9% 0.2%
    MID AMERICA MORTGAGE, INC. $165,000 $430,000 160.6% 0.2%
    Carrington Mortgage Services, LLC $340,000 $420,000 23.5% 0.2%
    Presidential Bank, FSB $420,000 n/a 0.2%
    CALCON MUTUAL MORTGAGE LLC $415,000 n/a 0.2%
    PNC Bank $465,000 $405,000 -12.9% 0.2%
    Southern First Bank $780,000 $405,000 -48.1% 0.2%
    CHARLOTTE METRO FEDERAL CREDIT UNION $400,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $175,000 $400,000 128.6% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $510,000 $400,000 -21.6% 0.2%
    CPM Federal Credit Union $125,000 $365,000 192.0% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $360,000 n/a 0.2%
    JPMorgan Chase Bank $505,000 $345,000 -31.7% 0.2%
    VILLAGE CAPITAL MORTGAGE $85,000 $340,000 300.0% 0.2%
    Evolve Bank & Trust $315,000 n/a 0.2%
    GREENVILLE FEDERAL CREDIT UNION $155,000 $305,000 96.8% 0.2%
    Regions Bank $300,000 n/a 0.2%
    U.S. Bank $300,000 n/a 0.2%
    HOWARD HANNA FINANCIAL SERVICES, INC. $295,000 n/a 0.2%
    SOUTHWEST STAGE FUNDING, LLC $905,000 $295,000 -67.4% 0.2%
    LENDINGHOME FUNDING CORPORATION $150,000 $290,000 93.3% 0.2%
    First Reliance Bank $630,000 $280,000 -55.6% 0.1%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $285,000 $275,000 -3.5% 0.1%
    MICHIGAN MUTUAL, INC. $275,000 n/a 0.1%
    Countybank $440,000 $265,000 -39.8% 0.1%
    NP, Inc. $265,000 n/a 0.1%
    AgFirst Farm Credit Bank $940,000 $245,000 -73.9% 0.1%
    The Federal Savings Bank $245,000 n/a 0.1%
    First Savings Bank $240,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $235,000 n/a 0.1%
    CLIFFCO, INC. $235,000 n/a 0.1%
    The Park National Bank $785,000 $235,000 -70.1% 0.1%
    ACOPIA, LLC $230,000 n/a 0.1%
    S. C. STATE FEDERAL CREDIT UNION $80,000 $230,000 187.5% 0.1%
    Sandy Spring Bank $225,000 n/a 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $65,000 $220,000 238.5% 0.1%
    FINANCE OF AMERICA REVERSE LLC $340,000 $215,000 -36.8% 0.1%
    Shamrock Home Loans, Inc. $215,000 n/a 0.1%
    Neighborhood Loans, Inc. $210,000 n/a 0.1%
    Equity Prime Mortgage LLC $2,715,000 $205,000 -92.4% 0.1%
    HOMESPIRE MORTGAGE CORPORATION $205,000 n/a 0.1%
    North American Savings Bank, F.S.B. $400,000 $205,000 -48.8% 0.1%
    HOMESIDE FINANCIAL, LLC $330,000 $195,000 -40.9% 0.1%
    Plains Commerce Bank $195,000 n/a 0.1%
    SELF-HELP Credit Union $195,000 n/a 0.1%
    AMERISAVE MORTGAGE CORPORATION $2,515,000 $185,000 -92.6% 0.1%
    Bank of England $175,000 $185,000 5.7% 0.1%
    Southern Bank $705,000 $185,000 -73.8% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $405,000 $185,000 -54.3% 0.1%
    TOP FLITE FINANCIAL, INC. $185,000 n/a 0.1%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,060,000 $175,000 -83.5% 0.1%
    MLD MORTGAGE INC. $175,000 n/a 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $175,000 n/a 0.1%
    Ukrainian Federal Credit Union $175,000 n/a 0.1%
    Vellum Mortgage, Inc. $175,000 n/a 0.1%
    Abbott Laboratories Employees Credit Union $165,000 n/a 0.1%
    EVERETT FINANCIAL, INC. $265,000 $165,000 -37.7% 0.1%
    Nations Lending Corporation $1,070,000 $165,000 -84.6% 0.1%
    SUMMIT FUNDING, INC. $165,000 n/a 0.1%
    Family Trust Federal Credit Union $160,000 n/a 0.1%
    First Horizon Bank $155,000 n/a 0.1%
    THRIVE MORTGAGE, LLC $155,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $195,000 $155,000 -20.5% 0.1%
    S. C. TELCO $80,000 $150,000 87.5% 0.1%
    CAPITAL CENTER, L.L.C. $225,000 $145,000 -35.6% 0.1%
    CMG MORTGAGE, INC. $145,000 n/a 0.1%
    TOTAL MORTGAGE SERVICES, LLC $145,000 n/a 0.1%
    CANOPY MORTGAGE, LLC $135,000 n/a 0.1%
    Coastal Carolina National Bank $385,000 $135,000 -64.9% 0.1%
    Northpointe Bank $135,000 n/a 0.1%
    Synovus Bank $135,000 n/a 0.1%
    Discover Bank $130,000 $130,000 0.0% 0.1%
    Advisors Mortgage Group, L.L.C. $125,000 n/a 0.1%
    PLAZA HOME MORTGAGE, INC. $125,000 n/a 0.1%
    Deere Employees Credit Union $75,000 $115,000 53.3% 0.1%
    LIMA ONE CAPITAL, LLC $395,000 $115,000 -70.9% 0.1%
    UNION HOME MORTGAGE CORP. $115,000 n/a 0.1%
    DOMINION FINANCIAL SERVICES, LLC $105,000 n/a 0.1%
    RADIUS FINANCIAL GROUP INC. $105,000 n/a 0.1%
    TOWER $105,000 n/a 0.1%
    Woodruff Federal Savings and Loan Association $105,000 n/a 0.1%
    LOANPAL, LLC $95,000 n/a 0.1%
    Figure Lending LLC $80,000 n/a 0.0%
    Bank OZK $65,000 n/a 0.0%
    SAFE FEDERAL CREDIT UNION $65,000 n/a 0.0%
    Liberty Savings Bank, F.S.B. $55,000 n/a 0.0%
    TD Bank $55,000 n/a 0.0%
    American Airlines Federal Credit Union $45,000 n/a 0.0%
    Pinnacle Bank $45,000 n/a 0.0%
    COASTAL Federal Credit Union $35,000 n/a 0.0%

    Gaffney's top lender by overall market share is First Piedmont Federal Savings and Loan Association of Gaffney, with 12.6% market share. In second place, with 6.7%, is QUICKEN LOANS, LLC, having originated $12,475,000 in loans. In third place, with 5.4%, is INSPIRE HOME LOANS INC., having originated $10,100,000 in loans. In fourth place, with 3.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $7,125,000 in loans. In fifth place, with 3.6%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $6,665,000 in loans.

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

    Realtor.com - Gaffney (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 $139,675 (20.3%) $193,080 (32.5%) 0.00 88
    2018-02-01 $143,475 (22.2%) $201,476 (43.7%) 0.00 91
    2018-03-01 $152,400 (28.4%) $227,829 (62.4%) 0.00 85
    2018-04-01 $149,117 (19.4%) $203,148 (39.3%) 0.00 82
    2018-05-01 $147,450 (13.1%) $203,162 (33.9%) 0.00 90
    2018-06-01 $162,400 (18.2%) $208,744 (30.3%) 0.00 87
    2018-07-01 $162,700 (21.5%) $204,581 (16.8%) 0.00 72
    2018-08-01 $148,800 (10.3%) $187,993 (-2.9%) 0.00 81
    2018-09-01 $159,900 (18.5%) $186,619 (-0.3%) 0.00 93
    2018-10-01 $159,900 (14.3%) $195,094 (11.5%) 0.00 103
    2018-11-01 $158,675 (19.9%) $196,482 (11.3%) 0.00 110
    2018-12-01 $144,900 (3.6%) $191,626 (10.9%) 0.00 105
    2019-01-01 $146,200 (4.7%) $199,982 (3.6%) 0.00 93
    2019-02-01 $144,900 (1.0%) $212,655 (5.6%) 0.00 90
    2019-03-01 $161,214 (5.8%) $216,790 (-4.9%) 0.00 78
    2019-04-01 $172,314 (15.6%) $215,557 (6.1%) 0.00 74
    2019-05-01 $173,563 (17.7%) $216,180 (6.4%) 0.00 86
    2019-06-01 $167,900 (3.4%) $213,928 (2.5%) 0.00 92
    2019-07-01 $166,250 (2.2%) $211,670 (3.5%) 0.00 97
    2019-08-01 $170,032 (14.3%) $208,578 (11.0%) 0.00 90
    2019-09-01 $183,205 (14.6%) $215,938 (15.7%) 0.00 81
    2019-10-01 $187,711 (17.4%) $219,795 (12.7%) 0.00 75
    2019-11-01 $174,750 (10.1%) $216,446 (10.2%) 0.00 81
    2019-12-01 $169,950 (17.3%) $208,306 (8.7%) 0.00 91
    2020-01-01 $189,975 (29.9%) $218,880 (9.5%) 0.00 87
    2020-02-01 $180,000 (24.2%) $208,536 (-1.9%) 0.00 102
    2020-03-01 $159,900 (-0.8%) $184,056 (-15.1%) 0.00 109
    2020-04-01 $170,975 (-0.8%) $190,576 (-11.6%) 0.00 107
    2020-05-01 $180,950 (4.3%) $192,092 (-11.1%) 0.00 86
    2020-06-01 $185,750 (10.6%) $192,320 (-10.1%) 0.00 77
    2020-07-01 $162,125 (-2.5%) $193,445 (-8.6%) 0.00 61
    2020-08-01 $183,850 (8.1%) $187,670 (-10.0%) 0.00 61
    2020-09-01 $189,900 (3.7%) $204,086 (-5.5%) 0.00 60
    2020-10-01 $179,900 (-4.2%) $197,825 (-10.0%) 0.00 49
    2020-11-01 $202,200 (15.7%) $278,455 (28.7%) 0.00 46
    2020-12-01 $229,225 (34.9%) $286,820 (37.7%) 0.00 43
    2021-01-01 $212,400 (11.8%) $260,040 (18.8%) 0.00 43
    2021-02-01 $212,175 (17.9%) $273,799 (31.3%) 0.00 36
    2021-03-01 $221,550 (38.6%) $292,539 (58.9%) 0.00 26
    2021-04-01 $218,923 (28.0%) $317,044 (66.4%) 0.00 25
    2021-05-01 $218,900 (21.0%) $352,768 (83.7%) 0.00 26
    2021-06-01 $200,574 (8.0%) $319,795 (66.3%) 0.00 29
    2021-07-01 $204,923 (26.4%) $304,931 (57.6%) 0.00 39
    2021-08-01 $225,473 (22.6%) $324,938 (73.1%) 0.00 47
    2021-09-01 $184,700 (-2.7%) $261,647 (28.2%) 0.00 52
    2021-10-01 $185,000 (2.8%) $289,882 (46.5%) 0.00 51
    2021-11-01 $208,236 (3.0%) $281,687 (1.2%) 0.00 43
    2021-12-01 $226,000 (-1.4%) $272,095 (-5.1%) 0.00 42
    2022-01-01 $224,500 (5.7%) $259,426 (-0.2%) 0.00 36
    2022-02-01 $263,125 (24.0%) $274,683 (0.3%) 0.00 51
    2022-03-01 $269,900 (21.8%) $261,752 (-10.5%) 0.00 50
    2022-04-01 $249,000 (13.7%) $274,136 (-13.5%) 0.00 46
    2022-05-01 $209,950 (-4.1%) $286,190 (-18.9%) 0.00 57
    2022-06-01 $223,650 (11.5%) $293,134 (-8.3%) 0.00 72
    2022-07-01 $251,900 (22.9%) $293,673 (-3.7%) 0.00 84
    2022-08-01 $247,038 (9.6%) $288,690 (-11.2%) 0.00 95
    2022-09-01 $259,900 (40.7%) $288,604 (10.3%) 0.00 110
    2022-10-01 $274,400 (48.3%) $295,060 (1.8%) 0.00 116
    2022-11-01 $276,675 (32.9%) $285,592 (1.4%) 0.00 117
    2022-12-01 $260,000 (15.0%) $269,054 (-1.1%) 0.00 122
    2023-01-01 $261,945 (16.7%) $263,806 (1.7%) 0.00 113
    2023-02-01 $253,750 (-3.6%) $265,026 (-3.5%) 0.00 103
    2023-03-01 $253,295 (-6.2%) $273,702 (4.6%) 0.00 92
    2023-04-01 $258,000 (3.6%) $284,428 (3.8%) 0.00 91
    2023-05-01 $272,450 (29.8%) $293,308 (2.5%) 0.00 116
    2023-06-01 $272,000 (21.6%) $303,881 (3.7%) 0.00 119
    2023-07-01 $255,500 (1.4%) $302,023 (2.8%) 0.00 120
    2023-08-01 $258,950 (4.8%) $306,158 (6.1%) 0.00 124
    2023-09-01 $255,545 (-1.7%) $305,165 (5.7%) 0.00 114
    2023-10-01 $265,355 (-3.3%) $301,273 (2.1%) 0.00 96
    2023-11-01 $267,900 (-3.2%) $302,120 (5.8%) 0.00 95
    2023-12-01 $279,000 (7.3%) $302,043 (12.3%) 0.00 94
    2024-01-01 $274,950 (5.0%) $301,337 (14.2%) 0.00 102
    2024-02-01 $253,675 (0.0%) $290,714 (9.7%) 0.00 107
    2024-03-01 $249,000 (-1.7%) $289,553 (5.8%) 0.00 107
    2024-04-01 $254,950 (-1.2%) $309,153 (8.7%) 0.00 115
    2024-05-01 $278,475 (2.2%) $314,739 (7.3%) 0.00 106
    2024-06-01 $246,445 (-9.4%) $296,819 (-2.3%) 0.00 109
    2024-07-01 $246,900 (-3.4%) $282,686 (-6.4%) 0.00 115
    2024-08-01 $247,788 (-4.3%) $296,442 (-3.2%) 0.00 120
    2024-09-01 $251,013 (-1.8%) $306,251 (0.4%) 0.00 134
    2024-10-01 $255,988 (-3.5%) $312,502 (3.7%) 0.00 132
    2024-11-01 $244,389 (-8.8%) $298,005 (-1.4%) 0.00 133
    Gaffney's median listing price for 2024-11-01 was $244,389, a difference of $-23,511 (-8.8%) versus the prior year and $-11,599 versus the prior month.

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

    Gaffney's average listing price for 2024-11-01 was $298,005, a difference of $-4,115 (-1.4%) versus the prior year and $-14,497 versus the prior month.

    For the 2024-11-01 period, Gaffney had 133 MLS listings, a difference of 1 listings (1%) versus the prior month and 38 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Gaffney (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,680 sqft
    2018-02-01 0 days 1,719 sqft
    2018-03-01 0 days 1,836 sqft
    2018-04-01 0 days 1,794 sqft
    2018-05-01 0 days 1,871 sqft
    2018-06-01 0 days 1,900 sqft
    2018-07-01 0 days 1,865 sqft
    2018-08-01 0 days 1,812 sqft
    2018-09-01 0 days 1,800 sqft
    2018-10-01 0 days 1,754 sqft
    2018-11-01 0 days 1,876 sqft
    2018-12-01 0 days 1,730 sqft
    2019-01-01 0 days 1,702 sqft
    2019-02-01 0 days 1,836 sqft
    2019-03-01 0 days 1,893 sqft
    2019-04-01 0 days 1,865 sqft
    2019-05-01 0 days 1,810 sqft
    2019-06-01 0 days 1,750 sqft
    2019-07-01 0 days 1,839 sqft
    2019-08-01 0 days 1,816 sqft
    2019-09-01 0 days 1,889 sqft
    2019-10-01 0 days 1,926 sqft
    2019-11-01 0 days 1,900 sqft
    2019-12-01 0 days 1,808 sqft
    2020-01-01 0 days 1,809 sqft
    2020-02-01 0 days 1,800 sqft
    2020-03-01 0 days 1,724 sqft
    2020-04-01 0 days 1,802 sqft
    2020-05-01 0 days 1,777 sqft
    2020-06-01 0 days 1,573 sqft
    2020-07-01 0 days 1,535 sqft
    2020-08-01 0 days 1,505 sqft
    2020-09-01 0 days 1,552 sqft
    2020-10-01 0 days 1,558 sqft
    2020-11-01 0 days 1,707 sqft
    2020-12-01 0 days 1,803 sqft
    2021-01-01 0 days 1,751 sqft
    2021-02-01 0 days 1,626 sqft
    2021-03-01 0 days 1,756 sqft
    2021-04-01 0 days 1,721 sqft
    2021-05-01 0 days 1,542 sqft
    2021-06-01 0 days 1,623 sqft
    2021-07-01 0 days 1,629 sqft
    2021-08-01 0 days 1,909 sqft
    2021-09-01 0 days 1,560 sqft
    2021-10-01 0 days 1,747 sqft
    2021-11-01 0 days 1,704 sqft
    2021-12-01 0 days 1,785 sqft
    2022-01-01 0 days 1,510 sqft
    2022-02-01 0 days 1,738 sqft
    2022-03-01 0 days 1,717 sqft
    2022-04-01 0 days 1,691 sqft
    2022-05-01 0 days 1,691 sqft
    2022-06-01 0 days 1,711 sqft
    2022-07-01 0 days 1,837 sqft
    2022-08-01 0 days 1,770 sqft
    2022-09-01 0 days 1,765 sqft
    2022-10-01 0 days 1,770 sqft
    2022-11-01 0 days 1,761 sqft
    2022-12-01 0 days 1,761 sqft
    2023-01-01 0 days 1,751 sqft
    2023-02-01 0 days 1,770 sqft
    2023-03-01 0 days 1,748 sqft
    2023-04-01 0 days 1,751 sqft
    2023-05-01 0 days 1,688 sqft
    2023-06-01 0 days 1,790 sqft
    2023-07-01 0 days 1,759 sqft
    2023-08-01 0 days 1,684 sqft
    2023-09-01 0 days 1,696 sqft
    2023-10-01 0 days 1,599 sqft
    2023-11-01 0 days 1,587 sqft
    2023-12-01 0 days 1,594 sqft
    2024-01-01 0 days 1,599 sqft
    2024-02-01 0 days 1,529 sqft
    2024-03-01 0 days 1,600 sqft
    2024-04-01 0 days 1,680 sqft
    2024-05-01 0 days 1,784 sqft
    2024-06-01 0 days 1,759 sqft
    2024-07-01 0 days 1,700 sqft
    2024-08-01 0 days 1,639 sqft
    2024-09-01 0 days 1,595 sqft
    2024-10-01 0 days 1,610 sqft
    2024-11-01 0 days 1,581 sqft
    Gaffney's median listing age (time on market) for 2024-11-01 was 0 days.

    Gaffney's median square footage for active listings during the 2024-11-01 period was 1,581 sqft. One year prior, the average listing was 1,587 sqft.

    Gaffney, SC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 648 $133,660,000 $206,265
    Other 126 $10,750,000 $85,317
    Cash Out Refi 123 $26,805,000 $217,927
    Refi 51 $12,175,000 $238,725
    Home Improvement 46 $3,360,000 $73,043

    Gaffney's most frequently cited loan purpose was Home Purchase, with 648 originations. The 2nd most popular reason was Other, with 126 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 344 $71,860,000 $208,895
    5-6% 237 $48,565,000 $204,916
    7-8% 224 $47,440,000 $211,786
    Over 8% 142 $14,880,000 $104,789
    <2.5% 18 $110,000 $6,111
    4-5% 16 $2,900,000 $181,250
    3-4% 1 $35,000 $35,000

    During 2023, Gaffney's most frequently originated rate bucket was 6-7%, with 344 originations.

    Loan Sizing (Gaffney, SC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 352 $52,630,000 $149,517
    $200k-400k 350 $91,980,000 $262,800
    $100,000 or less 260 $14,690,000 $56,500
    $400k-600k 24 $10,700,000 $445,833
    $Over $1MM 5 $14,845,000 $2,969,000
    $600k-1000k 3 $1,905,000 $635,000

    Gaffney's loan sizing saw the bucket of loans from $100k-200k with 352 originations, totaling $52,630,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 487 $108,455,000 $222,700
    60-80% 169 $41,905,000 $247,959
    20-40% 108 $9,030,000 $83,611
    Under 20% 104 $6,580,000 $63,269
    40-60% 93 $14,345,000 $154,247
    Over 100% 24 $5,400,000 $225,000

    Gaffney's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 487 originations, totaling $108,455,000 in origination value.