Kinston 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 Kinston averaged 6.98% 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 7.21% and one month ago for the week of 2023-02-09, the average rate was 6.3%.

    Kinston's average rate one year ago was 3.39%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.87%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Kinston 30 Year Fixed Rate 2023-03-16 6.98%
    Kinston 30 Year Fixed Rate Refi 2023-03-16 6.87%
    Kinston 15 Year Fixed Rate 2023-03-16 6.35%
    Kinston 15 Year Fixed Rate Refi 2023-03-16 6.71%
    Kinston 30 Year FHA 2023-03-16 6.33%
    Kinston 30 Year FHA Refi 2023-03-16 6.63%
    Kinston 30 Year USDA 2023-03-16 6.25%
    Kinston 30 Year VA 2023-03-16 6.48%
    Kinston 30 Year VA Refi 2023-03-16 5.66%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Kinston, NC.

    Kinston 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 Kinston, NC 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    STATE EMPLOYEES' 120 4.04% $3,616
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 18 5.20% $4,469
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 17 4.11% $3,225
    QUICKEN LOANS, LLC 13 5.34% $5,546
    MOVEMENT MORTGAGE, LLC 11 5.71% $4,692
    Wells Fargo Bank 11 5.68% $4,254
    First-Citizens Bank & Trust Company 10 4.70% $3,475
    Southern Bank and Trust Company 6 4.25% $2,966
    Hometown Lenders, Inc. 6 5.00% $6,688
    LOANDEPOT.COM, LLC 5 4.55% $4,604
    Truist 5 3.68% $3,775
    NAVY FEDERAL CREDIT UNION 4 5.00% $4,834
    GUARANTEED RATE, INC. 4 5.16% $5,308
    Alcova Mortgage LLC 3 6.25% $4,282
    Towne Bank 3 5.00% $4,633
    Mr. Cooper ( Nationstar Mortgage ) 2 6.50% $6,093
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 5.31% $8,540
    EMM LOANS LLC 2 5.25% $3,518
    NTFN, INC. 2 5.38% $3,460
    PENNYMAC LOAN SERVICES, LLC 2 5.63% $7,929
    ACADEMY MORTGAGE CORPORATION 2 5.25% $5,372
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.68% $5,752
    BROKER SOLUTIONS, INC. 2 4.00% $4,677
    CALIBER HOME LOANS, INC. 2 4.81% $3,659
    FREEDOM MORTGAGE CORPORATION 2 5.19% $3,901
    AgCarolina Farm Credit, FLCA 2 6.18% $6,890
    INTERCOASTAL MORTGAGE COMPANY 2 5.88% $3,820
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.06% $5,523
    Quontic Bank 1 5.50% $7,616
    Regions Bank 1 4.75% $0
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.13% $4,711
    T2 FINANCIAL LLC 1 3.50% $4,118
    UNION HOME MORTGAGE CORP. 1 5.25% $3,796
    United Bank 1 7.00% $2,685
    UNITED WHOLESALE MORTGAGE, LLC 1 6.88% $2,908
    USAA Federal Savings Bank 1 6.63% $11,788
    Victorian Finance, LLC 1 5.00% $3,330
    Wyndham Capital Mortgage, Inc. 1 5.50% $1,765
    ZILLOW HOME LOANS, LLC 1 5.50% $3,822
    HOME POINT FINANCIAL CORPORATION 1 5.00% $8,907
    ABSOLUTE HOME MORTGAGE CORPORATION 1 5.75% $3,338
    Alpha Mortgage Corporation 1 3.75% $5,050
    AMERICAN FINANCIAL RESOURCES, INC. 1 3.99% $5,519
    AMERICAN FINANCING CORPORATION 1 3.75% $6,384
    American Security Mortgage Corp. 1 4.25% $3,314
    AMERISAVE MORTGAGE CORPORATION 1 3.75% $5,321
    Ameris Bank 1 6.88% $3,235
    ANGEL OAK HOME LOANS LLC 1 6.75% $5,207
    Bank of America 1 4.38% $3,444
    BETTER MORTGAGE CORPORATION 1 4.50% $2,333
    CHURCHILL MORTGAGE CORPORATION 1 7.38% $6,349
    COASTAL Federal Credit Union 1 4.88% $5,344
    CONTOUR MORTGAGE CORPORATION 1 6.63% $8,984
    CORNERSTONE HOME LENDING, INC. 1 5.49% $4,523
    CRESCENT MORTGAGE COMPANY 1 5.88% $4,158
    EQUITY RESOURCES, INC. 1 6.25% $3,587
    First Bank 1 2.00% $1,076
    Flagstar Bank, FSB 1 3.99% $3,722
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.63% $7,581
    21ST MORTGAGE CORPORATION 1 6.30% $6,416
    JPMorgan Chase Bank 1 5.13% $500
    MICHIGAN MUTUAL, INC. 1 5.38% $2,993
    Mortgage Research Center, LLC 1 6.88% $4,860
    North State Bank 1 5.75% $3,426
    PNC Bank 1 3.13% $2,739
    POLARIS HOME FUNDING CORP. 1 3.99% $5,519
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.00% $1,690

    Kinston Average Closing Costs & Other Stats

    Kinston, NC's 67 lenders originated 981 loans during 2022. The total origination value was $146,945,000, with an average loan value of $149,791.

    Kinston's average closing costs are $4,292.

    The top Kinston lender as defined by loan originations is STATE EMPLOYEES', with 120 loans originated. Their average total fees are $3,616, which is $853 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

    The lowest fee Kinston lenders (with over 10 loans originated) are LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,225), First-Citizens Bank & Trust Company ($3,475), STATE EMPLOYEES' ($3,616), Wells Fargo Bank ($4,254) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($4,469).

    The lowest rate Kinston lenders (with over 10 loans originated) are STATE EMPLOYEES' (4.04%), LOCAL GOVERNMENT FEDERAL CREDIT UNION (4.11%), First-Citizens Bank & Trust Company (4.70%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (5.20%) and QUICKEN LOANS, LLC (5.34%).

    Kinston, NC 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    STATE EMPLOYEES' $31,750,000 $31,865,000 0.4% 21.7%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $4,735,000 $9,535,000 101.4% 6.5%
    First-Citizens Bank & Trust Company $6,075,000 $6,700,000 10.3% 4.6%
    QUICKEN LOANS, LLC $11,700,000 $6,455,000 -44.8% 4.4%
    Mortgage Research Center, LLC $2,155,000 $6,240,000 189.6% 4.2%
    Truist $11,370,000 $5,880,000 -48.3% 4.0%
    MOVEMENT MORTGAGE, LLC $7,590,000 $5,670,000 -25.3% 3.9%
    Southern Bank and Trust Company $3,920,000 $3,790,000 -3.3% 2.6%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $4,970,000 $3,435,000 -30.9% 2.3%
    Wells Fargo Bank $4,980,000 $3,405,000 -31.6% 2.3%
    NAVY FEDERAL CREDIT UNION $2,745,000 $2,975,000 8.4% 2.0%
    Hometown Lenders, Inc. $2,880,000 $2,555,000 -11.3% 1.7%
    CORNERSTONE HOME LENDING, INC. $1,020,000 $2,425,000 137.7% 1.7%
    LOANDEPOT.COM, LLC $635,000 $2,170,000 241.7% 1.5%
    PNC Bank $2,710,000 $2,135,000 -21.2% 1.5%
    GUARANTEED RATE, INC. $715,000 $2,040,000 185.3% 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $1,275,000 $1,890,000 48.2% 1.3%
    PENNYMAC LOAN SERVICES, LLC $805,000 $1,715,000 113.0% 1.2%
    ACADEMY MORTGAGE CORPORATION $420,000 $1,575,000 275.0% 1.1%
    INTERCOASTAL MORTGAGE COMPANY $550,000 $1,545,000 180.9% 1.1%
    21ST MORTGAGE CORPORATION $1,510,000 $1,485,000 -1.7% 1.0%
    FREEDOM MORTGAGE CORPORATION $4,170,000 $1,270,000 -69.5% 0.9%
    United Bank $990,000 $1,255,000 26.8% 0.9%
    EMM LOANS LLC $1,390,000 $1,250,000 -10.1% 0.9%
    NEW DAY FINANCIAL, LLC $745,000 $1,250,000 67.8% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $325,000 $1,210,000 272.3% 0.8%
    Alcova Mortgage LLC $1,450,000 $1,205,000 -16.9% 0.8%
    Towne Bank $1,130,000 n/a 0.8%
    AMERISAVE MORTGAGE CORPORATION $1,135,000 $1,110,000 -2.2% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $1,590,000 $1,100,000 -30.8% 0.7%
    BROKER SOLUTIONS, INC. $1,095,000 $1,060,000 -3.2% 0.7%
    USAA Federal Savings Bank $1,380,000 $950,000 -31.2% 0.6%
    INSPIRE HOME LOANS INC. $910,000 n/a 0.6%
    UNION HOME MORTGAGE CORP. $390,000 $820,000 110.3% 0.6%
    TRIAD FINANCIAL SERVICES, INC. $560,000 $800,000 42.9% 0.5%
    CALIBER HOME LOANS, INC. $2,130,000 $780,000 -63.4% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,405,000 $735,000 -47.7% 0.5%
    American Security Mortgage Corp. $905,000 $730,000 -19.3% 0.5%
    SOUTHWEST STAGE FUNDING, LLC $465,000 $720,000 54.8% 0.5%
    Southern First Bank $705,000 n/a 0.5%
    LIMA ONE CAPITAL, LLC $690,000 n/a 0.5%
    COASTAL Federal Credit Union $595,000 $685,000 15.1% 0.5%
    ANGEL OAK HOME LOANS LLC $480,000 $675,000 40.6% 0.5%
    CMG MORTGAGE, INC. $360,000 $570,000 58.3% 0.4%
    AgCarolina Farm Credit, FLCA $1,590,000 $500,000 -68.6% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,025,000 $495,000 -51.7% 0.3%
    SUCCESS MORTGAGE PARTNERS, INC. $480,000 n/a 0.3%
    Peoples Bank $475,000 n/a 0.3%
    Ameris Bank $1,250,000 $445,000 -64.4% 0.3%
    FINANCE OF AMERICA MORTGAGE LLC $75,000 $440,000 486.7% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $440,000 n/a 0.3%
    SUN WEST MORTGAGE COMPANY, INC. $160,000 $405,000 153.1% 0.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $380,000 n/a 0.3%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $900,000 $370,000 -58.9% 0.3%
    JPMorgan Chase Bank $475,000 $365,000 -23.2% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $300,000 $355,000 18.3% 0.2%
    GUILD MORTGAGE COMPANY $350,000 n/a 0.2%
    Bank of America $160,000 $345,000 115.6% 0.2%
    Towne Mortgage, LLC $345,000 n/a 0.2%
    Renasant Bank $685,000 $335,000 -51.1% 0.2%
    ABSOLUTE HOME MORTGAGE CORPORATION $265,000 $330,000 24.5% 0.2%
    TOP FLITE FINANCIAL, INC. $330,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $390,000 $305,000 -21.8% 0.2%
    Wyndham Capital Mortgage, Inc. $345,000 $305,000 -11.6% 0.2%
    ON Q FINANCIAL, INC. $290,000 n/a 0.2%
    VILLAGE CAPITAL MORTGAGE $815,000 $290,000 -64.4% 0.2%
    PREMIA MORTGAGE, LLC $275,000 n/a 0.2%
    EQUITY RESOURCES, INC. $645,000 $270,000 -58.1% 0.2%
    LENDINGHOME FUNDING CORPORATION $210,000 $270,000 28.6% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $550,000 $270,000 -50.9% 0.2%
    RELIANCE FIRST CAPITAL, LLC $435,000 $270,000 -37.9% 0.2%
    Flagstar Bank, FSB $330,000 $250,000 -24.2% 0.2%
    NTFN, INC. $175,000 $250,000 42.9% 0.2%
    Alpha Mortgage Corporation $865,000 $245,000 -71.7% 0.2%
    North American Savings Bank, F.S.B. $145,000 $245,000 69.0% 0.2%
    AMERICAN FINANCING CORPORATION $290,000 $235,000 -19.0% 0.2%
    CHURCHILL MORTGAGE CORPORATION $440,000 $235,000 -46.6% 0.2%
    FIDELITY BANK $235,000 n/a 0.2%
    NBKC BANK $115,000 $235,000 104.3% 0.2%
    Fifth Third Bank $225,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $225,000 n/a 0.2%
    MIDLAND MORTGAGE CORPORATION $220,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $415,000 $220,000 -47.0% 0.1%
    HANSCOM $205,000 n/a 0.1%
    TIDEWATER MORTGAGE SERVICES, INC. $205,000 n/a 0.1%
    UNITED SECURITY FINANCIAL CORP $205,000 n/a 0.1%
    HOME POINT FINANCIAL CORPORATION $485,000 $195,000 -59.8% 0.1%
    PLANET HOME LENDING, LLC $280,000 $195,000 -30.4% 0.1%
    CONTOUR MORTGAGE CORPORATION $185,000 n/a 0.1%
    FAIR WAY LENDING LLC $185,000 n/a 0.1%
    THE MORTGAGE FIRM, INC. $45,000 $175,000 288.9% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $115,000 $170,000 47.8% 0.1%
    HOMESIDE FINANCIAL, LLC $695,000 $165,000 -76.3% 0.1%
    RESIDENTIAL BANCORP. $165,000 n/a 0.1%
    Carrington Mortgage Services, LLC $355,000 $155,000 -56.3% 0.1%
    EVERETT FINANCIAL, INC. $155,000 n/a 0.1%
    LATINO COMMUNITY CREDIT UNION $155,000 n/a 0.1%
    MICHIGAN MUTUAL, INC. $155,000 n/a 0.1%
    NEWREZ LLC $420,000 $155,000 -63.1% 0.1%
    Regions Bank $145,000 $155,000 6.9% 0.1%
    Benchmark Community Bank $145,000 n/a 0.1%
    EMBRACE HOME LOANS, INC. $390,000 $145,000 -62.8% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $955,000 $145,000 -84.8% 0.1%
    Magnolia Bank $145,000 $145,000 0.0% 0.1%
    North State Bank $45,000 $145,000 222.2% 0.1%
    Quontic Bank $145,000 n/a 0.1%
    UNITED MORTGAGE CORP. $145,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $125,000 $140,000 12.0% 0.1%
    Towne Mortgage of the Carolinas, LLC $255,000 $140,000 -45.1% 0.1%
    First National Bank of Pennsylvania $355,000 $135,000 -62.0% 0.1%
    T2 FINANCIAL LLC $215,000 $135,000 -37.2% 0.1%
    GoPrime Mortgage, Inc. $195,000 $125,000 -35.9% 0.1%
    Mid-Continent Funding, Inc. $125,000 n/a 0.1%
    Victorian Finance, LLC $125,000 n/a 0.1%
    SELF-HELP Credit Union $55,000 $120,000 118.2% 0.1%
    Nations Lending Corporation $460,000 $115,000 -75.0% 0.1%
    Blue Ridge Bank $85,000 $105,000 23.5% 0.1%
    CRESCENT MORTGAGE COMPANY $330,000 $105,000 -68.2% 0.1%
    FIRST FLIGHT FEDERAL CREDIT UNION $285,000 $105,000 -63.2% 0.1%
    Hometown Equity Mortgage, LLC $105,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $95,000 n/a 0.1%
    REVERSE MORTGAGE FUNDING LLC $95,000 n/a 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $85,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $75,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $75,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $95,000 $75,000 -21.1% 0.1%
    Figure Lending LLC $35,000 $70,000 100.0% 0.0%
    First Bank $255,000 $65,000 -74.5% 0.0%
    PHH Mortgage Corporation $45,000 $55,000 22.2% 0.0%
    Union Bank $265,000 $55,000 -79.2% 0.0%
    Truliant Federal Credit Union $35,000 $15,000 -57.1% 0.0%

    Kinston's top lender by overall market share is STATE EMPLOYEES', with 21.7% market share. In second place, with 6.5%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $9,535,000 in loans. In third place, with 4.6%, is First-Citizens Bank & Trust Company, having originated $6,700,000 in loans. In fourth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $6,455,000 in loans. In fifth place, with 4.2%, is Mortgage Research Center, LLC, having originated $6,240,000 in loans.

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

    Realtor.com - Kinston (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 $114,950 (-3.4%) $130,920 (-6.5%) 0.00 200
    2018-02-01 $114,900 (-5.0%) $130,791 (-10.0%) 0.00 199
    2018-03-01 $119,000 (-7.2%) $131,613 (-10.2%) 0.00 196
    2018-04-01 $119,000 (-7.8%) $134,463 (-6.2%) 0.00 183
    2018-05-01 $113,425 (-8.8%) $131,031 (-5.4%) 0.00 171
    2018-06-01 $115,000 (-7.2%) $133,755 (-3.7%) 0.00 156
    2018-07-01 $122,425 (-2.0%) $140,123 (3.4%) 0.00 159
    2018-08-01 $115,000 (-7.9%) $136,785 (2.0%) 0.00 152
    2018-09-01 $119,900 (0.0%) $142,141 (6.9%) 0.00 153
    2018-10-01 $122,275 (2.0%) $140,097 (5.2%) 0.00 134
    2018-11-01 $119,100 (4.2%) $141,818 (10.1%) 0.00 126
    2018-12-01 $119,000 (3.6%) $142,712 (9.9%) 0.00 128
    2019-01-01 $119,000 (3.5%) $149,291 (14.0%) 0.00 114
    2019-02-01 $119,000 (3.6%) $155,465 (18.9%) 0.00 100
    2019-03-01 $119,429 (0.4%) $161,845 (23.0%) 0.00 94
    2019-04-01 $124,250 (4.4%) $163,733 (21.8%) 0.00 93
    2019-05-01 $129,800 (14.4%) $167,893 (28.1%) 0.00 103
    2019-06-01 $129,000 (12.2%) $160,606 (20.1%) 0.00 114
    2019-07-01 $124,500 (1.7%) $153,722 (9.7%) 0.00 108
    2019-08-01 $124,859 (8.6%) $158,550 (15.9%) 0.00 106
    2019-09-01 $117,598 (-1.9%) $155,766 (9.6%) 0.00 103
    2019-10-01 $114,007 (-6.8%) $153,341 (9.5%) 0.00 101
    2019-11-01 $109,950 (-7.7%) $140,251 (-1.1%) 0.00 115
    2019-12-01 $100,050 (-15.9%) $132,852 (-6.9%) 0.00 117
    2020-01-01 $114,400 (-3.9%) $136,831 (-8.4%) 0.00 102
    2020-02-01 $114,900 (-3.5%) $136,362 (-12.3%) 0.00 108
    2020-03-01 $113,725 (-4.8%) $139,194 (-14.0%) 0.00 104
    2020-04-01 $114,950 (-7.5%) $150,513 (-8.1%) 0.00 94
    2020-05-01 $118,950 (-8.4%) $146,635 (-12.7%) 0.00 89
    2020-06-01 $124,425 (-3.6%) $156,760 (-2.4%) 0.00 68
    2020-07-01 $123,200 (-1.0%) $163,560 (6.4%) 0.00 63
    2020-08-01 $129,450 (3.7%) $170,647 (7.6%) 0.00 55
    2020-09-01 $129,999 (10.6%) $168,922 (8.5%) 0.00 47
    2020-10-01 $137,500 (20.6%) $179,919 (17.3%) 0.00 45
    2020-11-01 $148,700 (35.2%) $179,697 (28.1%) 0.00 56
    2020-12-01 $140,000 (39.9%) $160,120 (20.5%) 0.00 53
    2021-01-01 $150,000 (31.1%) $175,434 (28.2%) 0.00 47
    2021-02-01 $134,900 (17.4%) $169,139 (24.0%) 0.00 43
    2021-03-01 $125,000 (9.9%) $164,852 (18.4%) 0.00 33
    2021-04-01 $135,225 (17.6%) $173,146 (15.0%) 0.00 34
    2021-05-01 $127,450 (7.2%) $177,542 (21.1%) 0.00 32
    2021-06-01 $159,925 (28.5%) $183,245 (16.9%) 0.00 35
    2021-07-01 $154,950 (25.8%) $181,706 (11.1%) 0.00 33
    2021-08-01 $149,975 (15.9%) $198,248 (16.2%) 0.00 34
    2021-09-01 $153,500 (18.1%) $204,737 (21.2%) 0.00 40
    2021-10-01 $150,000 (9.1%) $211,114 (17.3%) 0.00 38
    2021-11-01 $172,750 (16.2%) $211,293 (17.6%) 0.00 38
    2021-12-01 $153,725 (9.8%) $196,007 (22.4%) 0.00 37
    2022-01-01 $157,450 (5.0%) $197,435 (12.5%) 0.00 35
    2022-02-01 $151,200 (12.1%) $191,519 (13.2%) 0.00 32
    2022-03-01 $184,000 (47.2%) $214,209 (29.9%) 0.00 32
    2022-04-01 $177,000 (30.9%) $204,324 (18.0%) 0.00 36
    2022-05-01 $182,900 (43.5%) $199,999 (12.7%) 0.00 50
    2022-06-01 $192,450 (20.3%) $203,713 (11.2%) 0.00 67
    2022-07-01 $205,000 (32.3%) $219,326 (20.7%) 0.00 89
    2022-08-01 $207,725 (38.5%) $226,831 (14.4%) 0.00 87
    2022-09-01 $212,475 (38.4%) $226,808 (10.8%) 0.00 88
    2022-10-01 $226,500 (51.0%) $234,142 (10.9%) 0.00 100
    2022-11-01 $221,445 (28.2%) $255,015 (20.7%) 0.00 113
    2022-12-01 $235,990 (53.5%) $281,285 (43.5%) 0.00 122
    2023-01-01 $241,893 (53.6%) $290,973 (47.4%) 0.00 117
    2023-02-01 $242,169 (60.2%) $292,301 (52.6%) 0.00 113
    Kinston's median listing price for 2023-02-01 was $242,169, a difference of $90,969 (60.2%) versus the prior year and $276 versus the prior month.

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

    Kinston's average listing price for 2023-02-01 was $292,301, a difference of $100,782 (52.6%) versus the prior year and $1,328 versus the prior month.

    For the 2023-02-01 period, Kinston had 113 MLS listings, a difference of -4 listings (-3%) versus the prior month and 81 listings (253%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Kinston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,863 sqft
    2018-02-01 0 days 1,866 sqft
    2018-03-01 0 days 1,825 sqft
    2018-04-01 0 days 1,836 sqft
    2018-05-01 0 days 1,813 sqft
    2018-06-01 0 days 1,840 sqft
    2018-07-01 0 days 1,819 sqft
    2018-08-01 0 days 1,760 sqft
    2018-09-01 0 days 1,862 sqft
    2018-10-01 0 days 1,930 sqft
    2018-11-01 0 days 1,845 sqft
    2018-12-01 0 days 1,800 sqft
    2019-01-01 0 days 1,827 sqft
    2019-02-01 0 days 1,791 sqft
    2019-03-01 0 days 1,799 sqft
    2019-04-01 0 days 1,812 sqft
    2019-05-01 0 days 1,937 sqft
    2019-06-01 0 days 1,947 sqft
    2019-07-01 0 days 1,943 sqft
    2019-08-01 0 days 1,907 sqft
    2019-09-01 0 days 1,839 sqft
    2019-10-01 0 days 1,812 sqft
    2019-11-01 0 days 1,805 sqft
    2019-12-01 0 days 1,772 sqft
    2020-01-01 0 days 1,766 sqft
    2020-02-01 0 days 1,746 sqft
    2020-03-01 0 days 1,756 sqft
    2020-04-01 0 days 1,781 sqft
    2020-05-01 0 days 1,805 sqft
    2020-06-01 0 days 1,863 sqft
    2020-07-01 0 days 1,823 sqft
    2020-08-01 0 days 1,901 sqft
    2020-09-01 0 days 1,912 sqft
    2020-10-01 0 days 1,948 sqft
    2020-11-01 0 days 2,004 sqft
    2020-12-01 0 days 1,889 sqft
    2021-01-01 0 days 1,818 sqft
    2021-02-01 0 days 1,811 sqft
    2021-03-01 0 days 1,579 sqft
    2021-04-01 0 days 1,614 sqft
    2021-05-01 0 days 1,769 sqft
    2021-06-01 0 days 2,008 sqft
    2021-07-01 0 days 1,894 sqft
    2021-08-01 0 days 1,949 sqft
    2021-09-01 0 days 1,942 sqft
    2021-10-01 0 days 1,805 sqft
    2021-11-01 0 days 1,857 sqft
    2021-12-01 0 days 1,808 sqft
    2022-01-01 0 days 1,712 sqft
    2022-02-01 0 days 1,718 sqft
    2022-03-01 0 days 1,800 sqft
    2022-04-01 0 days 1,654 sqft
    2022-05-01 0 days 1,705 sqft
    2022-06-01 0 days 1,803 sqft
    2022-07-01 0 days 1,890 sqft
    2022-08-01 0 days 1,890 sqft
    2022-09-01 0 days 1,852 sqft
    2022-10-01 0 days 1,890 sqft
    2022-11-01 0 days 1,795 sqft
    2022-12-01 0 days 1,626 sqft
    2023-01-01 0 days 1,615 sqft
    2023-02-01 0 days 1,662 sqft
    Kinston's median listing age (time on market) for 2023-02-01 was 0 days.

    Kinston's median square footage for active listings during the 2023-02-01 period was 1,662 sqft. One year prior, the average listing was 1,718 sqft.

    Kinston, NC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 573 $97,955,000 $170,951
    Refi 155 $20,115,000 $129,774
    Cash Out Refi 128 $18,410,000 $143,828
    Other 68 $5,880,000 $86,471
    Home Improvement 57 $4,585,000 $80,439

    Kinston's most frequently cited loan purpose was Home Purchase, with 573 originations. The 2nd most popular reason was Refi, with 155 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 280 $38,200,000 $136,429
    5-6% 216 $38,440,000 $177,963
    4-5% 195 $34,375,000 $176,282
    6-7% 128 $20,270,000 $158,359
    2.5-3% 81 $8,145,000 $100,556
    7-8% 33 $3,945,000 $119,545
    <2.5% 30 $1,870,000 $62,333
    Over 8% 15 $1,535,000 $102,333

    During 2022, Kinston's most frequently originated rate bucket was 3-4%, with 280 originations.

    Loan Sizing (Kinston, NC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 453 $65,655,000 $144,934
    $100,000 or less 300 $17,880,000 $59,600
    $200k-400k 211 $54,625,000 $258,886
    $400k-600k 13 $5,965,000 $458,846
    $600k-1000k 4 $2,820,000 $705,000

    Kinston's loan sizing saw the bucket of loans from $100k-200k with 453 originations, totaling $65,655,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 494 $88,010,000 $178,158
    60-80% 194 $30,600,000 $157,732
    40-60% 113 $11,715,000 $103,673
    20-40% 80 $5,730,000 $71,625
    Under 20% 55 $1,475,000 $26,818
    Over 100% 40 $8,650,000 $216,250

    Kinston's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 494 originations, totaling $88,010,000 in origination value.