Kinston Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Kinston averaged 6.11% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 5.98% and one month ago for the week of 2024-01-11, the average rate was 5.9%.

Kinston's average rate one year ago was 5.76%.

For refis of the same type during the week of 2024-02-15, the average rate was 6.87%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Kinston 30 Year Fixed Rate 2024-02-15 6.11%
Kinston 30 Year Fixed Rate Refi 2024-02-15 6.87%
Kinston 15 Year Fixed Rate 2024-02-15 6.12%
Kinston 15 Year Fixed Rate Refi 2024-02-15 6.32%
Kinston 30 Year FHA 2024-02-15 6.32%
Kinston 30 Year FHA Refi 2024-02-15 6.81%
Kinston 30 Year USDA 2024-02-15 6.59%
Kinston 30 Year USDA Refi 2024-02-15 6.69%
Kinston 30 Year VA 2024-02-15 6.69%
Kinston 30 Year VA Refi 2024-02-15 6.36%
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 $125,541 (9.2%) $158,906 (16.2%) 0.00 106
2019-09-01 $119,302 (-0.5%) $156,655 (10.2%) 0.00 104
2019-10-01 $116,393 (-4.8%) $154,686 (10.4%) 0.00 103
2019-11-01 $110,000 (-7.6%) $140,904 (-0.6%) 0.00 116
2019-12-01 $103,475 (-13.1%) $133,538 (-6.4%) 0.00 118
2020-01-01 $114,650 (-3.7%) $137,586 (-7.8%) 0.00 103
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 (3.1%) $170,647 (7.4%) 0.00 55
2020-09-01 $129,999 (9.0%) $168,922 (7.8%) 0.00 47
2020-10-01 $137,500 (18.1%) $179,919 (16.3%) 0.00 45
2020-11-01 $148,450 (35.0%) $179,929 (27.7%) 0.00 55
2020-12-01 $138,350 (33.7%) $160,292 (20.0%) 0.00 52
2021-01-01 $148,000 (29.1%) $175,434 (27.5%) 0.00 47
2021-02-01 $136,125 (18.5%) $169,737 (24.5%) 0.00 43
2021-03-01 $125,000 (9.9%) $166,895 (19.9%) 0.00 34
2021-04-01 $135,225 (17.6%) $173,146 (15.0%) 0.00 34
2021-05-01 $125,000 (5.1%) $173,309 (18.2%) 0.00 32
2021-06-01 $159,925 (28.5%) $183,245 (16.9%) 0.00 35
2021-07-01 $154,900 (25.7%) $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 (16.4%) $211,293 (17.4%) 0.00 38
2021-12-01 $153,725 (11.1%) $196,007 (22.3%) 0.00 37
2022-01-01 $157,450 (6.4%) $197,435 (12.5%) 0.00 35
2022-02-01 $151,200 (11.1%) $191,519 (12.8%) 0.00 32
2022-03-01 $181,950 (45.6%) $210,027 (25.8%) 0.00 31
2022-04-01 $177,000 (30.9%) $204,324 (18.0%) 0.00 36
2022-05-01 $185,425 (48.3%) $200,077 (15.5%) 0.00 50
2022-06-01 $192,725 (20.5%) $206,011 (12.4%) 0.00 66
2022-07-01 $207,500 (34.0%) $220,632 (21.4%) 0.00 88
2022-08-01 $207,725 (38.5%) $226,305 (14.2%) 0.00 87
2022-09-01 $212,475 (38.4%) $226,563 (10.7%) 0.00 88
2022-10-01 $227,370 (51.6%) $235,558 (11.6%) 0.00 101
2022-11-01 $221,720 (28.4%) $256,154 (21.2%) 0.00 114
2022-12-01 $237,495 (54.5%) $281,225 (43.5%) 0.00 122
2023-01-01 $243,089 (54.4%) $290,973 (47.4%) 0.00 117
2023-02-01 $242,169 (60.2%) $292,301 (52.6%) 0.00 113
2023-03-01 $239,900 (31.9%) $295,365 (40.6%) 0.00 99
2023-04-01 $229,000 (29.4%) $234,562 (14.8%) 0.00 74
2023-05-01 $242,470 (30.8%) $278,613 (39.3%) 0.00 85
2023-06-01 $257,748 (33.7%) $313,719 (52.3%) 0.00 97
2023-07-01 $250,740 (20.8%) $316,925 (43.6%) 0.00 95
2023-08-01 $247,740 (19.3%) $308,701 (36.4%) 0.00 95
2023-09-01 $279,900 (31.7%) $320,632 (41.5%) 0.00 105
2023-10-01 $263,700 (16.0%) $294,748 (25.1%) 0.00 93
2023-11-01 $239,813 (8.2%) $280,370 (9.5%) 0.00 116
2023-12-01 $236,500 (-0.4%) $272,323 (-3.2%) 0.00 115
Kinston's median listing price for 2023-12-01 was $236,500, a difference of $-995 (-0.4%) versus the prior year and $-3,313 versus the prior month.

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

Kinston's average listing price for 2023-12-01 was $272,323, a difference of $-8,902 (-3.2%) versus the prior year and $-8,047 versus the prior month.

For the 2023-12-01 period, Kinston had 115 MLS listings, a difference of -1 listings (-1%) versus the prior month and -7 listings (-6%) 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 1,912 sqft
2019-09-01 0 days 1,851 sqft
2019-10-01 0 days 1,827 sqft
2019-11-01 0 days 1,808 sqft
2019-12-01 0 days 1,780 sqft
2020-01-01 0 days 1,772 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 2,014 sqft
2020-12-01 0 days 1,900 sqft
2021-01-01 0 days 1,818 sqft
2021-02-01 0 days 1,812 sqft
2021-03-01 0 days 1,604 sqft
2021-04-01 0 days 1,614 sqft
2021-05-01 0 days 1,739 sqft
2021-06-01 0 days 2,008 sqft
2021-07-01 0 days 1,874 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 1,746 sqft
2022-04-01 0 days 1,654 sqft
2022-05-01 0 days 1,705 sqft
2022-06-01 0 days 1,807 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 1,895 sqft
2022-11-01 0 days 1,825 sqft
2022-12-01 0 days 1,628 sqft
2023-01-01 0 days 1,620 sqft
2023-02-01 0 days 1,662 sqft
2023-03-01 0 days 1,598 sqft
2023-04-01 0 days 1,843 sqft
2023-05-01 0 days 1,765 sqft
2023-06-01 0 days 1,662 sqft
2023-07-01 0 days 1,672 sqft
2023-08-01 0 days 1,712 sqft
2023-09-01 0 days 1,644 sqft
2023-10-01 0 days 1,773 sqft
2023-11-01 0 days 1,676 sqft
2023-12-01 0 days 1,698 sqft
Kinston's median listing age (time on market) for 2023-12-01 was 0 days.

Kinston's median square footage for active listings during the 2023-12-01 period was 1,698 sqft. One year prior, the average listing was 1,628 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.