Gloversville 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 Gloversville averaged 6.59% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 6.72% and one month ago for the week of 2023-02-09, the average rate was 6.41%.

    Gloversville's average rate one year ago was 4.14%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.89%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Gloversville 30 Year Fixed Rate 2023-03-16 6.59%
    Gloversville 30 Year Fixed Rate Refi 2023-03-16 6.89%
    Gloversville 15 Year Fixed Rate 2023-03-16 6.55%
    Gloversville 15 Year Fixed Rate Refi 2023-03-16 6.39%
    Gloversville 30 Year FHA 2023-03-16 6.77%
    Gloversville 30 Year FHA Refi 2023-03-16 6.78%
    Gloversville 30 Year USDA 2023-03-16 6.64%
    Gloversville 30 Year USDA Refi 2023-03-16 6.34%
    Gloversville 30 Year VA 2023-03-16 6.97%
    Gloversville 30 Year VA Refi 2023-03-16 5.98%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Gloversville, NY.

    Gloversville 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 Gloversville, NY 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    HOMESTEAD FUNDING CORP. 70 3.34% $3,205
    QUICKEN LOANS, LLC 44 3.11% $5,852
    SEFCU SERVICES, LLC 38 3.11% $2,950
    HOME POINT FINANCIAL CORPORATION 29 3.22% $5,239
    Community Bank 28 3.32% $1,458
    NBT Bank 26 3.01% $3,562
    KeyBank 25 3.05% $3,102
    SUNMARK FEDERAL CREDIT UNION 22 3.16% $3,422
    CCFCU FUNDING, LLC 19 3.26% $3,195
    1ST PRIORITY MORTGAGE, INC. 17 3.06% $3,763
    Wells Fargo Bank 15 3.54% $3,918
    CALIBER HOME LOANS, INC. 14 3.17% $4,255
    UNITED WHOLESALE MORTGAGE, LLC 14 3.16% $6,787
    TrustCo Bank 12 3.07% $1,775
    Premium Mortgage Corporation 9 3.04% $3,749
    NEWREZ LLC 8 3.31% $6,722
    M&T Bank 7 3.66% $4,772
    LOANDEPOT.COM, LLC 6 2.92% $5,478
    NAVY FEDERAL CREDIT UNION 5 3.78% $2,978
    Flagstar Bank, FSB 5 3.02% $5,067
    OWNERSCHOICE FUNDING, INCORPORATED 4 3.16% $3,063
    Chemung Canal Trust Company 4 3.28% $1,890
    JPMorgan Chase Bank 4 3.22% $1,836
    Citizens Bank 4 2.97% $3,610
    AMERICAN FINANCIAL NETWORK, INC. 3 3.58% $17,231
    ROYAL UNITED MORTGAGE LLC 3 3.67% $7,120
    BETTER MORTGAGE CORPORATION 3 3.50% $2,567
    AMERICU Credit Union 3 3.46% $6,954
    PLAZA HOME MORTGAGE, INC. 3 3.21% $7,160
    CROSSCOUNTRY MORTGAGE, LLC 2 3.38% $4,215
    Bethpage Federal Credit Union 2 2.81% $6,228
    Bank of America 2 2.69% $8,103
    Glens Falls National Bank and Trust Company 2 3.31% $3,944
    Empower Federal Credit Union 2 3.56% $3,081
    Farm Credit East, ACA 2 3.98% $4,941
    Saratoga National Bank and Trust Company 2 3.25% $4,650
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.13% $3,270
    Berkshire Bank 2 3.00% $3,385
    MOVEMENT MORTGAGE, LLC 2 3.16% $4,301
    Mr. Cooper ( Nationstar Mortgage ) 2 3.69% $4,389
    Santander Bank, N.A. 1 2.99% $3,929
    UNITED MORTGAGE CORP. 1 2.88% $5,396
    ALLIED MORTGAGE GROUP, INC. 1 3.38% $5,146
    USAlliance Federal Credit Union 1 3.25% $5,386
    Elements Financial Federal Credit Union 1 3.13% $4,526
    Discover Bank 1 6.99% $0
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.25% $3,692
    First Home Bank 1 2.75% $4,438
    FIRST NEW YORK 1 3.00% $2,331
    21ST MORTGAGE CORPORATION 1 5.80% $6,839
    FREEDOM MORTGAGE CORPORATION 1 3.75% $3,293
    GUARANTEED RATE, INC. 1 2.50% $6,675
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 2.75% $3,409
    CORNING 1 2.88% $3,615
    Citibank 1 3.00% $4,085
    Mortgage Research Center, LLC 1 3.63% $2,211
    Carrington Mortgage Services, LLC 1 3.13% $4,079
    BOND STREET MORTGAGE, LLC 1 2.63% $6,846
    North American Savings Bank, F.S.B. 1 2.63% $3,345
    NP, Inc. 1 3.75% $4,228
    PENTAGON FEDERAL CREDIT UNION 1 3.00% $2,767
    Plains Commerce Bank 1 3.50% $7,845
    Quontic Bank 1 6.00% $5,383
    RELIANCE FIRST CAPITAL, LLC 1 3.38% $5,088
    ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.13% $3,468

    Gloversville Average Closing Costs & Other Stats

    Gloversville, NY's 65 lenders originated 1,486 loans during 2021. The total origination value was $243,070,000, with an average loan value of $163,573.

    Gloversville's average closing costs are $4,372.

    The top Gloversville lender as defined by loan originations is HOMESTEAD FUNDING CORP., with 70 loans originated. Their average total fees are $3,205, which is $2,647 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Gloversville lenders (with over 10 loans originated) are Community Bank ($1,458), TrustCo Bank ($1,775), SEFCU SERVICES, LLC ($2,950), KeyBank ($3,102) and CCFCU FUNDING, LLC ($3,195).

    The lowest rate Gloversville lenders (with over 10 loans originated) are NBT Bank (3.01%), KeyBank (3.05%), 1ST PRIORITY MORTGAGE, INC. (3.06%), TrustCo Bank (3.07%) and QUICKEN LOANS, LLC (3.11%).

    Gloversville, NY 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    HOMESTEAD FUNDING CORP. $22,220,000 $28,625,000 28.8% 11.8%
    QUICKEN LOANS, LLC $16,755,000 $25,125,000 50.0% 10.3%
    NBT Bank $13,830,000 $15,130,000 9.4% 6.2%
    SUNMARK FEDERAL CREDIT UNION $10,365,000 $12,100,000 16.7% 5.0%
    SEFCU SERVICES, LLC $11,535,000 $12,080,000 4.7% 5.0%
    HOME POINT FINANCIAL CORPORATION $6,205,000 $11,385,000 83.5% 4.7%
    KeyBank $7,400,000 $11,305,000 52.8% 4.7%
    Community Bank $4,275,000 $9,960,000 133.0% 4.1%
    Capital One $8,535,000 n/a 3.5%
    UNITED WHOLESALE MORTGAGE, LLC $1,980,000 $6,180,000 212.1% 2.5%
    CALIBER HOME LOANS, INC. $2,280,000 $5,545,000 143.2% 2.3%
    The National Bank of Coxsackie $1,885,000 $4,930,000 161.5% 2.0%
    CCFCU FUNDING, LLC $5,185,000 $4,820,000 -7.0% 2.0%
    1ST PRIORITY MORTGAGE, INC. $2,445,000 $4,790,000 95.9% 2.0%
    STATE EMPLOYEES FEDERAL CREDIT UNION $2,480,000 $4,655,000 87.7% 1.9%
    Premium Mortgage Corporation $3,395,000 $4,450,000 31.1% 1.8%
    Wells Fargo Bank $3,790,000 $4,220,000 11.3% 1.7%
    TrustCo Bank $3,410,000 $4,180,000 22.6% 1.7%
    Citizens Bank $1,800,000 $3,780,000 110.0% 1.6%
    NEWREZ LLC $505,000 $3,490,000 591.1% 1.4%
    LOANDEPOT.COM, LLC $1,475,000 $3,210,000 117.6% 1.3%
    Flagstar Bank, FSB $3,265,000 $2,955,000 -9.5% 1.2%
    PLAZA HOME MORTGAGE, INC. $3,085,000 $2,285,000 -25.9% 0.9%
    FREEDOM MORTGAGE CORPORATION $670,000 $2,025,000 202.2% 0.8%
    Manufacturers and Traders Trust Company $1,965,000 $2,000,000 1.8% 0.8%
    CROSSCOUNTRY MORTGAGE, LLC $400,000 $1,730,000 332.5% 0.7%
    AMERICAN FINANCIAL RESOURCES, INC. $2,895,000 $1,710,000 -40.9% 0.7%
    CAPITAL COMMUNICATIONS Federal Credit Union $1,425,000 $1,560,000 9.5% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $2,375,000 $1,500,000 -36.8% 0.6%
    NAVY FEDERAL CREDIT UNION $600,000 $1,500,000 150.0% 0.6%
    Ballston Spa National Bank $2,045,000 $1,445,000 -29.3% 0.6%
    JPMorgan Chase Bank $760,000 $1,420,000 86.8% 0.6%
    FIRST NEW YORK $55,000 $1,415,000 2,472.7% 0.6%
    Farm Credit East, ACA $1,355,000 n/a 0.6%
    Mortgage Research Center, LLC $900,000 $1,310,000 45.6% 0.5%
    Saratoga National Bank and Trust Company $1,480,000 $1,185,000 -19.9% 0.5%
    First National Bank of Scotia $1,130,000 $1,145,000 1.3% 0.5%
    Berkshire Bank $970,000 $1,120,000 15.5% 0.5%
    Pioneer Bank $375,000 $1,110,000 196.0% 0.5%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $1,050,000 $1,075,000 2.4% 0.4%
    Carrington Mortgage Services, LLC $1,205,000 $1,045,000 -13.3% 0.4%
    AMERICAN FINANCIAL NETWORK, INC. $135,000 $1,025,000 659.3% 0.4%
    USAlliance Federal Credit Union $1,000,000 n/a 0.4%
    Empower Federal Credit Union $310,000 $880,000 183.9% 0.4%
    Bank of America $1,255,000 $835,000 -33.5% 0.3%
    OWNERSCHOICE FUNDING, INCORPORATED $1,575,000 $805,000 -48.9% 0.3%
    AMERICU Credit Union $1,285,000 $800,000 -37.7% 0.3%
    The Adirondack Trust Company $270,000 $775,000 187.0% 0.3%
    RELIANCE FIRST CAPITAL, LLC $765,000 n/a 0.3%
    GUARANTEED RATE, INC. $485,000 $745,000 53.6% 0.3%
    Chemung Canal Trust Company $720,000 n/a 0.3%
    USAA Federal Savings Bank $1,055,000 $695,000 -34.1% 0.3%
    ROYAL UNITED MORTGAGE LLC $210,000 $650,000 209.5% 0.3%
    MOVEMENT MORTGAGE, LLC $65,000 $645,000 892.3% 0.3%
    BETTER MORTGAGE CORPORATION $620,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $460,000 $620,000 34.8% 0.3%
    HUDSON VALLEY CREDIT UNION $55,000 $580,000 954.5% 0.2%
    BOND STREET MORTGAGE, LLC $545,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $400,000 $535,000 33.8% 0.2%
    TCT $180,000 $485,000 169.4% 0.2%
    U.S. Bank $455,000 n/a 0.2%
    NP, Inc. $410,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $405,000 n/a 0.2%
    Rhinebeck Bank $405,000 n/a 0.2%
    GPO Federal Credit Union $440,000 $385,000 -12.5% 0.2%
    UNITED MORTGAGE CORP. $365,000 n/a 0.2%
    Bethpage Federal Credit Union $360,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $105,000 $330,000 214.3% 0.1%
    TIAA, FSB $330,000 $325,000 -1.5% 0.1%
    QUORUM FEDERAL CREDIT UNION $85,000 $305,000 258.8% 0.1%
    Glens Falls National Bank and Trust Company $360,000 $300,000 -16.7% 0.1%
    Discover Bank $295,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $90,000 $290,000 222.2% 0.1%
    CONTOUR MORTGAGE CORPORATION $205,000 $280,000 36.6% 0.1%
    PNC Bank $265,000 n/a 0.1%
    Mahopac Bank $255,000 n/a 0.1%
    Santander Bank, N.A. $255,000 n/a 0.1%
    TD Bank $675,000 $255,000 -62.2% 0.1%
    ALLIED MORTGAGE GROUP, INC. $275,000 $225,000 -18.2% 0.1%
    Citibank $280,000 $225,000 -19.6% 0.1%
    North American Savings Bank, F.S.B. $225,000 n/a 0.1%
    Magnolia Bank $115,000 $215,000 87.0% 0.1%
    Elements Financial Federal Credit Union $205,000 n/a 0.1%
    EMBRACE HOME LOANS, INC. $205,000 n/a 0.1%
    HSBC BANK USA, NATIONAL ASSOCIATION $205,000 n/a 0.1%
    The Federal Savings Bank $195,000 n/a 0.1%
    MLB RESIDENTIAL LENDING, LLC $155,000 $190,000 22.6% 0.1%
    Baxter Credit Union $165,000 n/a 0.1%
    Equity Prime Mortgage LLC $165,000 n/a 0.1%
    Plains Commerce Bank $155,000 n/a 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $145,000 n/a 0.1%
    FIRST SOURCE $250,000 $145,000 -42.0% 0.1%
    HARTFORD FUNDING, LTD. $145,000 n/a 0.1%
    Quontic Bank $135,000 n/a 0.1%
    FINANCE OF AMERICA COMMERCIAL LLC $120,000 n/a 0.0%
    FIRST CREDIT CORPORATION OF NEW YORK, INC. $135,000 $115,000 -14.8% 0.0%
    First Home Bank $105,000 n/a 0.0%
    PARAGON HOME LOANS INC. $245,000 $105,000 -57.1% 0.0%
    PENTAGON FEDERAL CREDIT UNION $105,000 n/a 0.0%
    Bank of England $95,000 n/a 0.0%
    CORNING $45,000 $85,000 88.9% 0.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $105,000 $75,000 -28.6% 0.0%
    LAND HOME FINANCIAL SERVICES, INC. $285,000 $75,000 -73.7% 0.0%
    ROUNDPOINT MORTGAGE SERVICING CORPORATION $75,000 n/a 0.0%
    LIMA ONE CAPITAL, LLC $65,000 n/a 0.0%
    BayCoast Bank $25,000 $55,000 120.0% 0.0%

    Gloversville's top lender by overall market share is HOMESTEAD FUNDING CORP., with 11.8% market share. In second place, with 10.3%, is QUICKEN LOANS, LLC, having originated $25,125,000 in loans. In third place, with 6.2%, is NBT Bank, having originated $15,130,000 in loans. In fourth place, with 5.0%, is SUNMARK FEDERAL CREDIT UNION, having originated $12,100,000 in loans. In fifth place, with 5.0%, is SEFCU SERVICES, LLC, having originated $12,080,000 in loans.

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

    Realtor.com - Gloversville (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 $136,375 (11.5%) $184,246 (9.8%) 0.00 242
    2018-02-01 $137,625 (15.9%) $186,283 (13.1%) 0.00 223
    2018-03-01 $135,500 (19.2%) $190,009 (19.7%) 0.00 229
    2018-04-01 $138,200 (16.1%) $192,011 (15.9%) 0.00 235
    2018-05-01 $159,700 (25.9%) $206,608 (16.9%) 0.00 278
    2018-06-01 $161,450 (24.3%) $206,149 (16.2%) 0.00 301
    2018-07-01 $159,975 (16.8%) $203,520 (11.7%) 0.00 327
    2018-08-01 $167,450 (13.1%) $210,868 (9.1%) 0.00 315
    2018-09-01 $164,950 (10.3%) $201,799 (3.5%) 0.00 330
    2018-10-01 $166,200 (11.0%) $202,361 (4.2%) 0.00 317
    2018-11-01 $159,925 (7.2%) $198,924 (3.5%) 0.00 306
    2018-12-01 $149,900 (7.8%) $187,481 (2.0%) 0.00 281
    2019-01-01 $153,675 (12.7%) $186,492 (1.2%) 0.00 257
    2019-02-01 $144,950 (5.3%) $179,378 (-3.7%) 0.00 250
    2019-03-01 $150,086 (10.8%) $182,344 (-4.0%) 0.00 242
    2019-04-01 $158,475 (14.7%) $188,130 (-2.0%) 0.00 243
    2019-05-01 $168,950 (5.8%) $198,806 (-3.8%) 0.00 276
    2019-06-01 $174,900 (8.3%) $208,756 (1.3%) 0.00 299
    2019-07-01 $177,000 (10.6%) $209,916 (3.1%) 0.00 320
    2019-08-01 $169,609 (1.3%) $209,205 (-0.8%) 0.00 329
    2019-09-01 $158,523 (-3.9%) $205,651 (1.9%) 0.00 328
    2019-10-01 $149,450 (-10.1%) $200,341 (-1.0%) 0.00 320
    2019-11-01 $139,900 (-12.5%) $196,506 (-1.2%) 0.00 291
    2019-12-01 $143,475 (-4.3%) $199,006 (6.2%) 0.00 271
    2020-01-01 $141,550 (-7.9%) $197,502 (5.9%) 0.00 248
    2020-02-01 $139,000 (-4.1%) $195,401 (8.9%) 0.00 248
    2020-03-01 $156,200 (4.1%) $206,752 (13.4%) 0.00 222
    2020-04-01 $159,225 (0.5%) $210,004 (11.6%) 0.00 207
    2020-05-01 $169,000 (0.0%) $211,860 (6.6%) 0.00 193
    2020-06-01 $177,950 (1.7%) $213,546 (2.3%) 0.00 172
    2020-07-01 $159,950 (-9.6%) $214,159 (2.0%) 0.00 174
    2020-08-01 $187,000 (10.3%) $230,397 (10.1%) 0.00 168
    2020-09-01 $187,425 (18.2%) $225,482 (9.6%) 0.00 169
    2020-10-01 $169,900 (13.7%) $221,127 (10.4%) 0.00 147
    2020-11-01 $159,225 (13.8%) $221,735 (12.8%) 0.00 146
    2020-12-01 $162,425 (13.2%) $220,570 (10.8%) 0.00 126
    2021-01-01 $149,900 (5.9%) $210,071 (6.4%) 0.00 104
    2021-02-01 $161,175 (16.0%) $228,058 (16.7%) 0.00 94
    2021-03-01 $149,900 (-4.0%) $226,783 (9.7%) 0.00 85
    2021-04-01 $173,425 (8.9%) $248,833 (18.5%) 0.00 90
    2021-05-01 $198,250 (17.3%) $260,728 (23.1%) 0.00 95
    2021-06-01 $200,000 (12.4%) $283,315 (32.7%) 0.00 116
    2021-07-01 $215,000 (34.4%) $298,215 (39.3%) 0.00 135
    2021-08-01 $221,900 (18.7%) $314,434 (36.5%) 0.00 144
    2021-09-01 $216,475 (15.5%) $312,145 (38.4%) 0.00 150
    2021-10-01 $205,000 (20.7%) $293,464 (32.7%) 0.00 145
    2021-11-01 $194,450 (22.1%) $271,457 (22.4%) 0.00 133
    2021-12-01 $189,000 (16.4%) $246,086 (11.6%) 0.00 119
    2022-01-01 $197,000 (31.4%) $246,148 (17.2%) 0.00 103
    2022-02-01 $209,450 (30.0%) $245,947 (7.8%) 0.00 82
    2022-03-01 $218,500 (45.8%) $261,778 (15.4%) 0.00 62
    2022-04-01 $215,000 (24.0%) $268,780 (8.0%) 0.00 67
    2022-05-01 $207,450 (4.6%) $279,844 (7.3%) 0.00 82
    2022-06-01 $204,425 (2.2%) $303,011 (7.0%) 0.00 109
    2022-07-01 $221,900 (3.2%) $306,704 (2.9%) 0.00 127
    2022-08-01 $223,150 (0.6%) $307,525 (-2.2%) 0.00 132
    2022-09-01 $207,450 (-4.2%) $291,273 (-6.7%) 0.00 147
    2022-10-01 $217,000 (5.9%) $289,811 (-1.2%) 0.00 135
    2022-11-01 $212,400 (9.2%) $280,732 (3.4%) 0.00 132
    2022-12-01 $199,900 (5.8%) $263,518 (7.1%) 0.00 114
    2023-01-01 $209,975 (6.6%) $268,254 (9.0%) 0.00 109
    2023-02-01 $213,750 (2.1%) $262,345 (6.7%) 0.00 107
    Gloversville's median listing price for 2023-02-01 was $213,750, a difference of $4,300 (2.1%) versus the prior year and $3,775 versus the prior month.

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

    Gloversville's average listing price for 2023-02-01 was $262,345, a difference of $16,398 (6.7%) versus the prior year and $-5,909 versus the prior month.

    For the 2023-02-01 period, Gloversville had 107 MLS listings, a difference of -2 listings (-2%) versus the prior month and 25 listings (30%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Gloversville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,625 sqft
    2018-02-01 0 days 1,652 sqft
    2018-03-01 0 days 1,623 sqft
    2018-04-01 0 days 1,623 sqft
    2018-05-01 0 days 1,608 sqft
    2018-06-01 0 days 1,611 sqft
    2018-07-01 0 days 1,624 sqft
    2018-08-01 0 days 1,650 sqft
    2018-09-01 0 days 1,622 sqft
    2018-10-01 0 days 1,620 sqft
    2018-11-01 0 days 1,620 sqft
    2018-12-01 0 days 1,623 sqft
    2019-01-01 0 days 1,624 sqft
    2019-02-01 0 days 1,620 sqft
    2019-03-01 0 days 1,623 sqft
    2019-04-01 0 days 1,622 sqft
    2019-05-01 0 days 1,640 sqft
    2019-06-01 0 days 1,616 sqft
    2019-07-01 0 days 1,609 sqft
    2019-08-01 0 days 1,597 sqft
    2019-09-01 0 days 1,580 sqft
    2019-10-01 0 days 1,568 sqft
    2019-11-01 0 days 1,568 sqft
    2019-12-01 0 days 1,570 sqft
    2020-01-01 0 days 1,566 sqft
    2020-02-01 0 days 1,574 sqft
    2020-03-01 0 days 1,604 sqft
    2020-04-01 0 days 1,581 sqft
    2020-05-01 0 days 1,592 sqft
    2020-06-01 0 days 1,605 sqft
    2020-07-01 0 days 1,554 sqft
    2020-08-01 0 days 1,647 sqft
    2020-09-01 0 days 1,700 sqft
    2020-10-01 0 days 1,700 sqft
    2020-11-01 0 days 1,708 sqft
    2020-12-01 0 days 1,674 sqft
    2021-01-01 0 days 1,687 sqft
    2021-02-01 0 days 1,700 sqft
    2021-03-01 0 days 1,614 sqft
    2021-04-01 0 days 1,663 sqft
    2021-05-01 0 days 1,616 sqft
    2021-06-01 0 days 1,563 sqft
    2021-07-01 0 days 1,694 sqft
    2021-08-01 0 days 1,636 sqft
    2021-09-01 0 days 1,606 sqft
    2021-10-01 0 days 1,682 sqft
    2021-11-01 0 days 1,665 sqft
    2021-12-01 0 days 1,668 sqft
    2022-01-01 0 days 1,796 sqft
    2022-02-01 0 days 1,760 sqft
    2022-03-01 0 days 1,706 sqft
    2022-04-01 0 days 1,689 sqft
    2022-05-01 0 days 1,525 sqft
    2022-06-01 0 days 1,544 sqft
    2022-07-01 0 days 1,581 sqft
    2022-08-01 0 days 1,561 sqft
    2022-09-01 0 days 1,518 sqft
    2022-10-01 0 days 1,527 sqft
    2022-11-01 0 days 1,538 sqft
    2022-12-01 0 days 1,520 sqft
    2023-01-01 0 days 1,520 sqft
    2023-02-01 0 days 1,528 sqft
    Gloversville's median listing age (time on market) for 2023-02-01 was 0 days.

    Gloversville's median square footage for active listings during the 2023-02-01 period was 1,528 sqft. One year prior, the average listing was 1,760 sqft.

    Gloversville, NY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 722 $133,160,000 $184,432
    Refi 362 $55,400,000 $153,039
    Cash Out Refi 228 $38,620,000 $169,386
    Home Improvement 114 $9,340,000 $81,930
    Other 60 $6,550,000 $109,167

    Gloversville's most frequently cited loan purpose was Home Purchase, with 722 originations. The 2nd most popular reason was Refi, with 362 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 590 $93,050,000 $157,712
    2.5-3% 553 $90,005,000 $162,758
    <2.5% 188 $30,540,000 $162,447
    4-5% 54 $6,970,000 $129,074
    5-6% 14 $1,260,000 $90,000
    6-7% 10 $580,000 $58,000
    7-8% 6 $300,000 $50,000

    During 2021, Gloversville's most frequently originated rate bucket was 3-4%, with 590 originations.

    Loan Sizing (Gloversville, NY MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 634 $91,470,000 $144,274
    $100,000 or less 483 $32,445,000 $67,174
    $200k-400k 324 $85,710,000 $264,537
    $400k-600k 32 $15,530,000 $485,313
    $600k-1000k 11 $7,985,000 $725,909
    $Over $1MM 2 $9,930,000 $4,965,000

    Gloversville's loan sizing saw the bucket of loans from $100k-200k with 634 originations, totaling $91,470,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 629 $109,085,000 $173,426
    60-80% 419 $77,485,000 $184,928
    40-60% 169 $24,495,000 $144,941
    20-40% 107 $10,165,000 $95,000
    Under 20% 58 $2,250,000 $38,793
    Over 100% 21 $5,225,000 $248,810

    Gloversville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 629 originations, totaling $109,085,000 in origination value.