GRANTS PASS Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Rent Data
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Grants Pass averaged 6.54% 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 6.73% and one month ago for the week of 2024-11-07, the average rate was 7.03%.

    Grants Pass's average rate one year ago was 6.97%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.8%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Grants Pass 30 Year Fixed Rate 2024-12-12 6.54%
    Grants Pass 30 Year Fixed Rate Refi 2024-12-12 6.8%
    Grants Pass 15 Year Fixed Rate 2024-12-12 5.84%
    Grants Pass 15 Year Fixed Rate Refi 2024-12-12 6.14%
    Grants Pass 30 Year FHA 2024-12-12 5.8%
    Grants Pass 30 Year FHA Refi 2024-12-12 6.08%
    Grants Pass 30 Year USDA 2024-12-12 6.3%
    Grants Pass 30 Year USDA Refi 2024-12-12 6.4%
    Grants Pass 30 Year VA 2024-12-12 5.85%
    Grants Pass 30 Year VA Refi 2024-12-12 5.88%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GRANTS PASS, OR.

    GRANTS PASS 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 GRANTS PASS, OR 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
    Nations Lending Corporation 78 6.81% $5,231
    ROGUE 69 6.96% $5,214
    QUICKEN LOANS, LLC 30 6.90% $9,117
    MOUNTAIN WEST FINANCIAL, INC. 23 6.48% $10,928
    S1L, Inc. 22 6.73% $10,718
    GUILD MORTGAGE COMPANY 21 6.87% $8,159
    Willamette Valley Bank 20 6.92% $10,269
    CROSSCOUNTRY MORTGAGE, LLC 19 7.07% $10,911
    NATIONS DIRECT MORTGAGE, LLC 14 6.56% $7,700
    LOANDEPOT.COM, LLC 11 6.95% $8,780
    UNITED WHOLESALE MORTGAGE, LLC 10 6.73% $10,382
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.91% $8,634
    JPMorgan Chase Bank 8 6.28% $5,716
    MORTGAGE EXPRESS, LLC 8 6.78% $6,846
    FIRST COMMUNITY 7 6.63% $4,457
    Wells Fargo Bank 6 7.08% $5,593
    AMERISAVE MORTGAGE CORPORATION 6 6.73% $10,686
    CMG MORTGAGE, INC. 6 7.00% $8,255
    SUMMIT FUNDING, INC. 5 5.98% $11,059
    U.S. Bank 5 6.80% $6,756
    Mr. Cooper ( Nationstar Mortgage ) 4 5.87% $16,704
    Umpqua Bank 4 6.19% $5,633
    PLAZA HOME MORTGAGE, INC. 4 6.81% $6,814
    PENNYMAC LOAN SERVICES, LLC 4 6.59% $8,897
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 6.93% $13,177
    NEWREZ LLC 3 7.46% $6,137
    The Loan Store, Inc. 3 6.38% $4,874
    BROKER SOLUTIONS, INC. 3 7.08% $6,481
    MOVEMENT MORTGAGE, LLC 3 7.46% $8,492
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.50% $8,183
    ACADEMY MORTGAGE CORPORATION 2 6.75% $8,741
    ADVANTIS 2 6.81% $4,814
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.43% $10,390
    BMO Harris Bank 2 6.75% $4,536
    Citadel Servicing Corporation 2 8.38% $7,157
    FREEDOM MORTGAGE CORPORATION 2 7.88% $5,833
    KeyBank 2 6.31% $7,265
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $10,218
    OCMBC, INC. 2 8.00% $6,013
    OnPoint Community Credit Union 2 6.88% $5,601
    Washington Federal Bank 2 7.38% $6,867
    Mortgage Research Center, LLC 1 7.38% $1,935
    JET DIRECT FUNDING CORP 1 6.50% $14,756
    INTERCAP LENDING INC. 1 7.25% $4,840
    HOMESIDE FINANCIAL, LLC 1 7.50% $7,833
    V.I.P. MORTGAGE, INC. 1 5.88% $5,102
    GSF Mortgage Corporation 1 5.99% $20,272
    FIRST TECHNOLOGY 1 6.75% $4,605
    NAVY FEDERAL CREDIT UNION 1 6.00% $3,211
    NBKC BANK 1 6.00% $5,402
    Eagle Bank and Trust Company 1 7.13% $7,216
    NEXERA HOLDING LLC 1 10.38% $13,103
    Northwest Farm Credit Services, FLCA 1 7.00% $7,052
    AHL FUNDING 1 6.99% $13,421
    AMERICAN FINANCING CORPORATION 1 6.50% $9,584
    ON Q FINANCIAL, INC. 1 6.88% $6,305
    ONY GLO, INC. 1 7.13% $8,525
    Oregon State Credit Union 1 6.25% $6,402
    Discover Bank 1 6.24% $0
    PENRITH HOME LOANS LLC 1 7.88% $3,813
    Plains Commerce Bank 1 6.63% $10,720
    DIRECTORS MORTGAGE, INC. 1 6.24% $14,884
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.99% $19,269
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.13% $12,207
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $3,814
    DIGNIFIED HOME LOANS, LLC 1 7.50% $9,290
    RANLIFE, INC. 1 8.13% $2,602
    CIBC Bank USA 1 5.50% $8,432
    CHURCHILL MORTGAGE CORPORATION 1 7.99% $13,620
    SECURITY HOME MORTGAGE, LLC. 1 7.00% $11,252
    STAR ONE CREDIT UNION 1 5.13% $6,238
    Century Mortgage Company DBA Century Lending Company 1 7.13% $6,849
    CALIBER HOME LOANS, INC. 1 6.63% $7,260
    TWINSTAR 1 6.13% $11,978
    BETTER MORTGAGE CORPORATION 1 5.88% $4,071
    BAY EQUITY LLC 1 6.13% $4,693
    USAA Federal Savings Bank 1 5.63% $11,960
    Bank of America 1 6.88% $5,217
    Loan Simple, Inc. 1 7.13% $6,950
    Mid-Continent Funding, Inc. 1 5.63% $9,672
    KINECTA 1 6.13% $9,241
    MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 7.25% $1,975

    GRANTS PASS Average Closing Costs & Other Stats

    GRANTS PASS, OR's 82 lenders originated 1,383 loans during 2023. The total origination value was $409,315,000, with an average loan value of $295,962.

    GRANTS PASS's average closing costs are $6,305.

    The top GRANTS PASS lender as defined by loan originations is Nations Lending Corporation, with 78 loans originated. Their average total fees are $5,231, which is $17 higher than the next largest lender, ROGUE.

    The lowest fee GRANTS PASS lenders (with over 10 loans originated) are ROGUE ($5,214), Nations Lending Corporation ($5,231), NATIONS DIRECT MORTGAGE, LLC ($7,700), GUILD MORTGAGE COMPANY ($8,159) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($8,634).

    The lowest rate GRANTS PASS lenders (with over 10 loans originated) are MOUNTAIN WEST FINANCIAL, INC. (6.48%), NATIONS DIRECT MORTGAGE, LLC (6.56%), S1L, Inc. (6.73%), UNITED WHOLESALE MORTGAGE, LLC (6.73%) and Nations Lending Corporation (6.81%).

    GRANTS PASS, OR 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
    Merchants Bank of Indiana $58,005,000 n/a 14.2%
    Nations Lending Corporation $54,765,000 $34,910,000 -36.3% 8.5%
    ROGUE $50,400,000 $33,915,000 -32.7% 8.3%
    Evergreen Federal Bank $43,210,000 $25,100,000 -41.9% 6.1%
    QUICKEN LOANS, LLC $37,345,000 $18,040,000 -51.7% 4.4%
    CROSSCOUNTRY MORTGAGE, LLC $12,700,000 $14,120,000 11.2% 3.4%
    GUILD MORTGAGE COMPANY $14,545,000 $14,115,000 -3.0% 3.4%
    MOUNTAIN WEST FINANCIAL, INC. $10,780,000 $13,525,000 25.5% 3.3%
    S1L, Inc. $32,170,000 $12,335,000 -61.7% 3.0%
    Willamette Valley Bank $23,035,000 $10,755,000 -53.3% 2.6%
    UNITED WHOLESALE MORTGAGE, LLC $15,805,000 $9,830,000 -37.8% 2.4%
    NATIONS DIRECT MORTGAGE, LLC $9,780,000 $9,355,000 -4.3% 2.3%
    LOANDEPOT.COM, LLC $23,915,000 $8,315,000 -65.2% 2.0%
    M&T Realty Capital Corporation $7,155,000 n/a 1.7%
    FIRST COMMUNITY $7,295,000 $6,880,000 -5.7% 1.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,485,000 $5,940,000 -30.0% 1.5%
    Mortgage Research Center, LLC $10,445,000 $5,720,000 -45.2% 1.4%
    Umpqua Bank $18,870,000 $5,495,000 -70.9% 1.3%
    People's Bank of Commerce $6,435,000 $4,750,000 -26.2% 1.2%
    PENNYMAC LOAN SERVICES, LLC $6,415,000 $3,720,000 -42.0% 0.9%
    AMERISAVE MORTGAGE CORPORATION $5,370,000 $3,560,000 -33.7% 0.9%
    U.S. Bank $8,425,000 $3,510,000 -58.3% 0.9%
    JPMorgan Chase Bank $8,605,000 $3,470,000 -59.7% 0.8%
    CMG MORTGAGE, INC. $8,730,000 $3,345,000 -61.7% 0.8%
    Wells Fargo Bank $8,020,000 $3,245,000 -59.5% 0.8%
    MORTGAGE EXPRESS, LLC $2,815,000 $3,190,000 13.3% 0.8%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $9,360,000 $3,155,000 -66.3% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $6,425,000 $3,110,000 -51.6% 0.8%
    MUTUAL OF OMAHA MORTGAGE, INC. $3,315,000 $2,745,000 -17.2% 0.7%
    MOVEMENT MORTGAGE, LLC $2,345,000 $2,720,000 16.0% 0.7%
    PLAZA HOME MORTGAGE, INC. $1,980,000 $2,375,000 19.9% 0.6%
    First Interstate Bank $4,715,000 $2,135,000 -54.7% 0.5%
    Mechanics Bank $1,980,000 n/a 0.5%
    USAA Federal Savings Bank $2,660,000 $1,930,000 -27.4% 0.5%
    NEWREZ LLC $2,310,000 $1,925,000 -16.7% 0.5%
    The Federal Savings Bank $1,270,000 $1,855,000 46.1% 0.5%
    Banner Bank $10,895,000 $1,760,000 -83.8% 0.4%
    TWINSTAR $1,745,000 n/a 0.4%
    NAVY FEDERAL CREDIT UNION $1,450,000 $1,705,000 17.6% 0.4%
    KeyBank $4,050,000 $1,590,000 -60.7% 0.4%
    FINANCE OF AMERICA REVERSE LLC $1,565,000 $1,495,000 -4.5% 0.4%
    PREMIER MORTGAGE RESOURCES, L.L.C. $4,695,000 $1,495,000 -68.2% 0.4%
    SUMMIT FUNDING, INC. $3,760,000 $1,435,000 -61.8% 0.4%
    V.I.P. MORTGAGE, INC. $920,000 $1,390,000 51.1% 0.3%
    Century Mortgage Company DBA Century Lending Company $205,000 $1,320,000 543.9% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $2,430,000 $1,245,000 -48.8% 0.3%
    VILLAGE CAPITAL MORTGAGE $650,000 $1,225,000 88.5% 0.3%
    FREEDOM MORTGAGE CORPORATION $3,120,000 $1,220,000 -60.9% 0.3%
    CIBC Bank USA $1,205,000 n/a 0.3%
    LONGBRIDGE FINANCIAL, LLC $1,565,000 $1,205,000 -23.0% 0.3%
    Plains Commerce Bank $1,200,000 n/a 0.3%
    OnPoint Community Credit Union $650,000 $1,165,000 79.2% 0.3%
    BMO Harris Bank $1,150,000 n/a 0.3%
    Washington Federal Bank $6,475,000 $1,110,000 -82.9% 0.3%
    Commerce Home Mortgage, Inc. $2,765,000 $1,085,000 -60.8% 0.3%
    STAR ONE CREDIT UNION $955,000 n/a 0.2%
    Citadel Servicing Corporation $845,000 n/a 0.2%
    ADVANTIS $365,000 $815,000 123.3% 0.2%
    Bank of America $3,300,000 $805,000 -75.6% 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $765,000 n/a 0.2%
    AMWEST FUNDING CORP. $540,000 $750,000 38.9% 0.2%
    JET DIRECT FUNDING CORP $725,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $195,000 $720,000 269.2% 0.2%
    Coastal Community Bank $710,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $1,830,000 $700,000 -61.7% 0.2%
    Loan Simple, Inc. $365,000 $690,000 89.0% 0.2%
    AHL FUNDING $685,000 n/a 0.2%
    SECURITY HOME MORTGAGE, LLC. $665,000 n/a 0.2%
    EMM LOANS LLC $660,000 n/a 0.2%
    FIRST TECHNOLOGY $410,000 $645,000 57.3% 0.2%
    BROKER SOLUTIONS, INC. $1,745,000 $640,000 -63.3% 0.2%
    Discover Bank $270,000 $635,000 135.2% 0.2%
    GSF Mortgage Corporation $385,000 $635,000 64.9% 0.2%
    Equity Prime Mortgage LLC $355,000 $630,000 77.5% 0.2%
    RANLIFE, INC. $205,000 $620,000 202.4% 0.2%
    PENTAGON FEDERAL CREDIT UNION $700,000 $585,000 -16.4% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $4,390,000 $570,000 -87.0% 0.1%
    ACADEMY MORTGAGE CORPORATION $3,555,000 $550,000 -84.5% 0.1%
    AMERICAN FINANCING CORPORATION $645,000 $545,000 -15.5% 0.1%
    GUARANTEED RATE, INC. $2,195,000 $545,000 -75.2% 0.1%
    The Loan Store, Inc. $545,000 n/a 0.1%
    American Airlines Federal Credit Union $535,000 n/a 0.1%
    DIRECTORS MORTGAGE, INC. $1,075,000 $515,000 -52.1% 0.1%
    OCMBC, INC. $310,000 $510,000 64.5% 0.1%
    North American Savings Bank, F.S.B. $505,000 $485,000 -4.0% 0.1%
    ALLIANT CREDIT UNION $460,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $550,000 $455,000 -17.3% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $835,000 $455,000 -45.5% 0.1%
    HOMESIDE FINANCIAL, LLC $645,000 $440,000 -31.8% 0.1%
    Figure Lending LLC $1,160,000 $435,000 -62.5% 0.1%
    Oregon Pacific Banking Company $435,000 n/a 0.1%
    PNC Bank $425,000 $430,000 1.2% 0.1%
    PacWest Funding Inc. $655,000 $425,000 -35.1% 0.1%
    Flagstar Bank, FSB $2,250,000 $410,000 -81.8% 0.1%
    CALCON MUTUAL MORTGAGE LLC $405,000 n/a 0.1%
    KINECTA $405,000 n/a 0.1%
    Oregon State Credit Union $165,000 $405,000 145.5% 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $465,000 $405,000 -12.9% 0.1%
    PENRITH HOME LOANS LLC $395,000 n/a 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $1,040,000 $395,000 -62.0% 0.1%
    Paramount Residential Mortgage Group, Inc. $605,000 $385,000 -36.4% 0.1%
    BETTER MORTGAGE CORPORATION $1,065,000 $375,000 -64.8% 0.1%
    Northwest Farm Credit Services, FLCA $1,365,000 $375,000 -72.5% 0.1%
    HighTechLending Inc $370,000 n/a 0.1%
    DIGNIFIED HOME LOANS, LLC $335,000 $365,000 9.0% 0.1%
    Sierra Pacific Mortgage Company, Inc. $670,000 $355,000 -47.0% 0.1%
    INTERCAP LENDING INC. $345,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $825,000 $335,000 -59.4% 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $330,000 n/a 0.1%
    CALIBER HOME LOANS, INC. $9,550,000 $325,000 -96.6% 0.1%
    Eagle Bank and Trust Company $325,000 n/a 0.1%
    NEXERA HOLDING LLC $325,000 n/a 0.1%
    Gallic & Johnson, LLC $410,000 $320,000 -22.0% 0.1%
    Mid-Continent Funding, Inc. $315,000 n/a 0.1%
    ONY GLO, INC. $585,000 $315,000 -46.2% 0.1%
    ON Q FINANCIAL, INC. $305,000 n/a 0.1%
    SPRING EQ, LLC $550,000 $290,000 -47.3% 0.1%
    PLANET HOME LENDING, LLC $515,000 $285,000 -44.7% 0.1%
    GUARANTEED RATE AFFINITY, LLC $275,000 n/a 0.1%
    PHH Mortgage Corporation $1,880,000 $260,000 -86.2% 0.1%
    GENEVA FINANCIAL, LLC $365,000 $255,000 -30.1% 0.1%
    Prosperity Home Mortgage, LLC $255,000 n/a 0.1%
    NBKC BANK $855,000 $235,000 -72.5% 0.1%
    MORTGAGE MANAGEMENT CONSULTANTS, INC. $245,000 $205,000 -16.3% 0.1%
    OREGON COMMUNITY $620,000 $180,000 -71.0% 0.0%
    LENDSURE MORTGAGE CORP. $155,000 n/a 0.0%
    BAY EQUITY LLC $145,000 n/a 0.0%
    Connexus Credit Union $125,000 n/a 0.0%
    SALAL $275,000 $120,000 -56.4% 0.0%
    NASA Federal Credit Union $105,000 n/a 0.0%
    HomeTrust Bank $95,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $290,000 $95,000 -67.2% 0.0%
    NuVision Federal Credit Union $415,000 $85,000 -79.5% 0.0%
    21ST MORTGAGE CORPORATION $110,000 $65,000 -40.9% 0.0%
    Signature Federal Credit Union $65,000 n/a 0.0%
    Alaska USA Federal Credit Union $55,000 n/a 0.0%
    LOS ANGELES POLICE Federal Credit Union $115,000 $55,000 -52.2% 0.0%
    Northwest Federal Credit Union $55,000 n/a 0.0%
    SELCO COMMUNITY $55,000 n/a 0.0%
    Qualstar Credit Union $35,000 n/a 0.0%
    PREMIER AMERICA $25,000 n/a 0.0%
    Unitus Community Credit Union $255,000 $25,000 -90.2% 0.0%
    CHERRY CREEK MORTGAGE, LLC $10,750,000 $15,000 -99.9% 0.0%

    GRANTS PASS's top lender by overall market share is Merchants Bank of Indiana, with 14.2% market share. In second place, with 8.5%, is Nations Lending Corporation, having originated $34,910,000 in loans. In third place, with 8.3%, is ROGUE, having originated $33,915,000 in loans. In fourth place, with 6.1%, is Evergreen Federal Bank, having originated $25,100,000 in loans. In fifth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $18,040,000 in loans.

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

    Realtor.com - GRANTS PASS (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 $356,200 (8.9%) $509,135 (15.2%) 0.00 361
    2018-02-01 $369,350 (14.6%) $515,501 (17.8%) 0.00 360
    2018-03-01 $374,900 (14.7%) $506,968 (16.8%) 0.00 401
    2018-04-01 $367,000 (2.2%) $493,521 (6.9%) 0.00 452
    2018-05-01 $368,225 (-2.3%) $488,217 (1.8%) 0.00 481
    2018-06-01 $353,500 (-4.2%) $478,096 (1.2%) 0.00 536
    2018-07-01 $355,250 (-0.6%) $473,366 (-2.5%) 0.00 554
    2018-08-01 $356,500 (-1.0%) $475,075 (-3.3%) 0.00 532
    2018-09-01 $350,000 (-1.4%) $486,044 (0.1%) 0.00 552
    2018-10-01 $349,750 (0.1%) $490,094 (1.2%) 0.00 509
    2018-11-01 $347,625 (-0.7%) $486,597 (-3.1%) 0.00 484
    2018-12-01 $349,000 (-5.6%) $491,466 (-5.5%) 0.00 450
    2019-01-01 $334,500 (-6.1%) $489,219 (-3.9%) 0.00 416
    2019-02-01 $333,875 (-9.6%) $492,943 (-4.4%) 0.00 410
    2019-03-01 $351,550 (-6.2%) $499,354 (-1.5%) 0.00 392
    2019-04-01 $354,525 (-3.4%) $495,427 (0.4%) 0.00 391
    2019-05-01 $355,000 (-3.6%) $489,444 (0.3%) 0.00 450
    2019-06-01 $374,000 (5.8%) $496,983 (4.0%) 0.00 435
    2019-07-01 $371,325 (4.5%) $497,659 (5.1%) 0.00 442
    2019-08-01 $372,245 (4.4%) $492,667 (3.7%) 0.00 427
    2019-09-01 $375,764 (7.4%) $490,737 (1.0%) 0.00 402
    2019-10-01 $378,109 (8.1%) $491,423 (0.3%) 0.00 385
    2019-11-01 $386,000 (11.0%) $499,962 (2.8%) 0.00 335
    2019-12-01 $399,000 (14.3%) $520,900 (6.0%) 0.00 292
    2020-01-01 $386,975 (15.7%) $519,363 (6.2%) 0.00 252
    2020-02-01 $376,999 (12.9%) $507,257 (2.9%) 0.00 252
    2020-03-01 $376,999 (7.2%) $473,128 (-5.3%) 0.00 261
    2020-04-01 $371,950 (4.9%) $455,216 (-8.1%) 0.00 284
    2020-05-01 $395,000 (11.3%) $501,782 (2.5%) 0.00 251
    2020-06-01 $420,000 (12.3%) $513,974 (3.4%) 0.00 214
    2020-07-01 $435,475 (17.3%) $530,850 (6.7%) 0.00 183
    2020-08-01 $432,450 (16.2%) $549,474 (11.5%) 0.00 157
    2020-09-01 $414,225 (10.2%) $511,650 (4.3%) 0.00 154
    2020-10-01 $399,000 (5.5%) $503,335 (2.4%) 0.00 132
    2020-11-01 $406,413 (5.3%) $515,738 (3.2%) 0.00 125
    2020-12-01 $399,975 (0.2%) $503,071 (-3.4%) 0.00 107
    2021-01-01 $377,000 (-2.6%) $513,673 (-1.1%) 0.00 85
    2021-02-01 $376,200 (-0.2%) $483,891 (-4.6%) 0.00 85
    2021-03-01 $389,675 (3.4%) $495,453 (4.7%) 0.00 98
    2021-04-01 $434,950 (16.9%) $565,838 (24.3%) 0.00 108
    2021-05-01 $499,900 (26.6%) $612,463 (22.1%) 0.00 127
    2021-06-01 $569,475 (35.6%) $658,807 (28.2%) 0.00 155
    2021-07-01 $525,000 (20.6%) $621,668 (17.1%) 0.00 186
    2021-08-01 $519,750 (20.2%) $615,875 (12.1%) 0.00 225
    2021-09-01 $502,225 (21.2%) $623,783 (21.9%) 0.00 235
    2021-10-01 $500,000 (25.3%) $625,149 (24.2%) 0.00 246
    2021-11-01 $493,500 (21.4%) $600,788 (16.5%) 0.00 236
    2021-12-01 $495,725 (23.9%) $593,735 (18.0%) 0.00 207
    2022-01-01 $482,500 (28.0%) $575,006 (11.9%) 0.00 175
    2022-02-01 $475,000 (26.3%) $595,740 (23.1%) 0.00 177
    2022-03-01 $487,000 (25.0%) $603,260 (21.8%) 0.00 202
    2022-04-01 $499,000 (14.7%) $608,650 (7.6%) 0.00 243
    2022-05-01 $499,450 (-0.1%) $600,522 (-2.0%) 0.00 278
    2022-06-01 $510,000 (-10.4%) $610,312 (-7.4%) 0.00 304
    2022-07-01 $500,000 (-4.8%) $608,129 (-2.2%) 0.00 341
    2022-08-01 $490,725 (-5.6%) $604,901 (-1.8%) 0.00 364
    2022-09-01 $492,475 (-1.9%) $611,445 (-2.0%) 0.00 362
    2022-10-01 $485,525 (-2.9%) $594,120 (-5.0%) 0.00 356
    2022-11-01 $476,438 (-3.5%) $601,229 (0.1%) 0.00 338
    2022-12-01 $472,500 (-4.7%) $609,968 (2.7%) 0.00 300
    2023-01-01 $457,500 (-5.2%) $606,556 (5.5%) 0.00 255
    2023-02-01 $467,000 (-1.7%) $632,854 (6.2%) 0.00 234
    2023-03-01 $485,750 (-0.3%) $651,118 (7.9%) 0.00 217
    2023-04-01 $499,999 (0.2%) $666,695 (9.5%) 0.00 218
    2023-05-01 $526,000 (5.3%) $674,526 (12.3%) 0.00 260
    2023-06-01 $510,950 (0.2%) $664,615 (8.9%) 0.00 294
    2023-07-01 $532,000 (6.4%) $663,418 (9.1%) 0.00 309
    2023-08-01 $504,975 (2.9%) $654,320 (8.2%) 0.00 315
    2023-09-01 $489,950 (-0.5%) $633,942 (3.7%) 0.00 326
    2023-10-01 $477,500 (-1.7%) $613,614 (3.3%) 0.00 320
    2023-11-01 $472,250 (-0.9%) $617,110 (2.6%) 0.00 314
    2023-12-01 $479,900 (1.6%) $625,007 (2.5%) 0.00 276
    2024-01-01 $472,000 (3.2%) $612,571 (1.0%) 0.00 249
    2024-02-01 $495,750 (6.2%) $639,620 (1.1%) 0.00 242
    2024-03-01 $515,000 (6.0%) $639,901 (-1.7%) 0.00 252
    2024-04-01 $508,995 (1.8%) $628,285 (-5.8%) 0.00 288
    2024-05-01 $518,100 (-1.5%) $636,830 (-5.6%) 0.00 320
    2024-06-01 $515,000 (0.8%) $619,106 (-6.9%) 0.00 367
    2024-07-01 $525,000 (-1.3%) $615,257 (-7.3%) 0.00 382
    2024-08-01 $516,000 (2.2%) $611,698 (-6.5%) 0.00 413
    2024-09-01 $499,900 (2.0%) $599,495 (-5.4%) 0.00 435
    2024-10-01 $497,875 (4.3%) $591,666 (-3.6%) 0.00 432
    2024-11-01 $495,000 (4.8%) $592,905 (-3.9%) 0.00 429
    GRANTS PASS's median listing price for 2024-11-01 was $495,000, a difference of $22,750 (4.8%) versus the prior year and $-2,875 versus the prior month.

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

    GRANTS PASS's average listing price for 2024-11-01 was $592,905, a difference of $-24,205 (-3.9%) versus the prior year and $1,239 versus the prior month.

    For the 2024-11-01 period, GRANTS PASS had 429 MLS listings, a difference of -3 listings (-1%) versus the prior month and 115 listings (37%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - GRANTS PASS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,822 sqft
    2018-02-01 0 days 1,886 sqft
    2018-03-01 0 days 1,830 sqft
    2018-04-01 0 days 1,805 sqft
    2018-05-01 0 days 1,826 sqft
    2018-06-01 0 days 1,833 sqft
    2018-07-01 0 days 1,821 sqft
    2018-08-01 0 days 1,811 sqft
    2018-09-01 0 days 1,792 sqft
    2018-10-01 0 days 1,792 sqft
    2018-11-01 0 days 1,792 sqft
    2018-12-01 0 days 1,796 sqft
    2019-01-01 0 days 1,782 sqft
    2019-02-01 0 days 1,772 sqft
    2019-03-01 0 days 1,796 sqft
    2019-04-01 0 days 1,796 sqft
    2019-05-01 0 days 1,842 sqft
    2019-06-01 0 days 1,901 sqft
    2019-07-01 0 days 1,890 sqft
    2019-08-01 0 days 1,883 sqft
    2019-09-01 0 days 1,880 sqft
    2019-10-01 0 days 1,888 sqft
    2019-11-01 0 days 1,915 sqft
    2019-12-01 0 days 1,943 sqft
    2020-01-01 0 days 1,947 sqft
    2020-02-01 0 days 1,900 sqft
    2020-03-01 0 days 1,846 sqft
    2020-04-01 0 days 1,830 sqft
    2020-05-01 0 days 1,994 sqft
    2020-06-01 0 days 2,033 sqft
    2020-07-01 0 days 2,141 sqft
    2020-08-01 0 days 2,044 sqft
    2020-09-01 0 days 1,953 sqft
    2020-10-01 0 days 1,848 sqft
    2020-11-01 0 days 1,858 sqft
    2020-12-01 0 days 1,832 sqft
    2021-01-01 0 days 1,758 sqft
    2021-02-01 0 days 1,658 sqft
    2021-03-01 0 days 1,717 sqft
    2021-04-01 0 days 1,810 sqft
    2021-05-01 0 days 1,862 sqft
    2021-06-01 0 days 1,931 sqft
    2021-07-01 0 days 1,841 sqft
    2021-08-01 0 days 1,848 sqft
    2021-09-01 0 days 1,842 sqft
    2021-10-01 0 days 1,861 sqft
    2021-11-01 0 days 1,794 sqft
    2021-12-01 0 days 1,820 sqft
    2022-01-01 0 days 1,763 sqft
    2022-02-01 0 days 1,767 sqft
    2022-03-01 0 days 1,735 sqft
    2022-04-01 0 days 1,700 sqft
    2022-05-01 0 days 1,763 sqft
    2022-06-01 0 days 1,819 sqft
    2022-07-01 0 days 1,834 sqft
    2022-08-01 0 days 1,801 sqft
    2022-09-01 0 days 1,818 sqft
    2022-10-01 0 days 1,805 sqft
    2022-11-01 0 days 1,790 sqft
    2022-12-01 0 days 1,754 sqft
    2023-01-01 0 days 1,758 sqft
    2023-02-01 0 days 1,802 sqft
    2023-03-01 0 days 1,824 sqft
    2023-04-01 0 days 1,893 sqft
    2023-05-01 0 days 1,867 sqft
    2023-06-01 0 days 1,910 sqft
    2023-07-01 0 days 1,961 sqft
    2023-08-01 0 days 1,892 sqft
    2023-09-01 0 days 1,870 sqft
    2023-10-01 0 days 1,830 sqft
    2023-11-01 0 days 1,796 sqft
    2023-12-01 0 days 1,763 sqft
    2024-01-01 0 days 1,754 sqft
    2024-02-01 0 days 1,854 sqft
    2024-03-01 0 days 1,806 sqft
    2024-04-01 0 days 1,827 sqft
    2024-05-01 0 days 1,811 sqft
    2024-06-01 0 days 1,816 sqft
    2024-07-01 0 days 1,840 sqft
    2024-08-01 0 days 1,856 sqft
    2024-09-01 0 days 1,921 sqft
    2024-10-01 0 days 1,897 sqft
    2024-11-01 0 days 1,920 sqft
    GRANTS PASS's median listing age (time on market) for 2024-11-01 was 0 days.

    GRANTS PASS's median square footage for active listings during the 2024-11-01 period was 1,920 sqft. One year prior, the average listing was 1,796 sqft.

    GRANTS PASS, OR 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
    97497 Grants Pass, OR MSA $780 $890 $1,170 $1,660 $1,850
    97523 Grants Pass, OR MSA $740 $840 $1,110 $1,580 $1,740
    97526 Grants Pass, OR MSA $770 $870 $1,150 $1,630 $1,850
    97527 Grants Pass, OR MSA $840 $960 $1,260 $1,790 $1,990
    97528 Grants Pass, OR MSA $780 $890 $1,170 $1,660 $1,840
    97530 Grants Pass, OR MSA $1,040 $1,190 $1,560 $2,220 $2,660
    97531 Grants Pass, OR MSA $740 $840 $1,110 $1,580 $1,740
    97532 Grants Pass, OR MSA $790 $900 $1,190 $1,680 $1,870
    97533 Grants Pass, OR MSA $780 $890 $1,170 $1,660 $1,840
    97534 Grants Pass, OR MSA $740 $840 $1,110 $1,580 $1,740
    97538 Grants Pass, OR MSA $780 $890 $1,170 $1,670 $1,840
    97543 Grants Pass, OR MSA $780 $890 $1,170 $1,660 $1,840
    97544 Grants Pass, OR MSA $1,040 $1,180 $1,550 $2,200 $2,430

    2022 Average & Median Rent Data Statistics
    GRANTS PASS, OR average 1BR rent: $928, median: $890
    GRANTS PASS, OR average 2BR rent: $1,222, median: $1,170
    GRANTS PASS, OR average 3BR rent: $1,736, median: $1,660

    GRANTS PASS, OR Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 775 $256,195,000 $330,574
    Home Improvement 192 $14,070,000 $73,281
    Cash Out Refi 166 $38,610,000 $232,590
    Other 136 $10,860,000 $79,853
    Refi 114 $89,580,000 $785,789

    Grants Pass's most frequently cited loan purpose was Home Purchase, with 775 originations. The 2nd most popular reason was Home Improvement, with 192 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 434 $131,820,000 $303,733
    Over 8% 325 $90,335,000 $277,954
    7-8% 296 $83,100,000 $280,743
    5-6% 195 $59,345,000 $304,333
    4-5% 18 $4,780,000 $265,556
    3-4% 3 $945,000 $315,000
    <2.5% 1 $295,000 $295,000
    2.5-3% 1 $255,000 $255,000

    During 2023, Grants Pass's most frequently originated rate bucket was 6-7%, with 434 originations.

    Loan Sizing (GRANTS PASS, OR MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 603 $180,505,000 $299,345
    $100,000 or less 355 $18,545,000 $52,239
    $100k-200k 206 $29,310,000 $142,282
    $400k-600k 167 $77,625,000 $464,820
    $600k-1000k 45 $32,215,000 $715,889
    $Over $1MM 7 $71,115,000 $10,159,286

    GRANTS PASS's loan sizing saw the bucket of loans from $200k-400k with 603 originations, totaling $180,505,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 424 $158,810,000 $374,552
    Under 20% 328 $18,100,000 $55,183
    60-80% 231 $137,505,000 $595,260
    20-40% 140 $19,260,000 $137,571
    40-60% 131 $30,325,000 $231,489
    Over 100% 15 $5,715,000 $381,000

    GRANTS PASS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 424 originations, totaling $158,810,000 in origination value.