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 6.66% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.54% and one month ago for the week of 2024-03-14, the average rate was 6.7%.

    Kinston's average rate one year ago was 5.83%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.4%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Kinston 30 Year Fixed Rate 2024-04-18 6.66%
    Kinston 30 Year Fixed Rate Refi 2024-04-18 7.4%
    Kinston 15 Year Fixed Rate 2024-04-18 6.19%
    Kinston 15 Year Fixed Rate Refi 2024-04-18 6.49%
    Kinston 30 Year FHA 2024-04-18 6.82%
    Kinston 30 Year FHA Refi 2024-04-18 6.76%
    Kinston 30 Year USDA 2024-04-18 6.76%
    Kinston 30 Year USDA Refi 2024-04-18 7.06%
    Kinston 30 Year VA 2024-04-18 6.64%
    Kinston 30 Year VA Refi 2024-04-18 6.76%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    STATE EMPLOYEES' 54 6.08% $3,824
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 19 6.73% $5,257
    QUICKEN LOANS, LLC 11 7.04% $5,332
    Truist 11 6.24% $4,593
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 11 6.06% $3,427
    MOVEMENT MORTGAGE, LLC 8 7.11% $5,914
    Wells Fargo Bank 7 7.04% $3,473
    MICHIGAN MUTUAL, INC. 4 6.22% $4,982
    NAVY FEDERAL CREDIT UNION 4 7.84% $3,036
    First-Citizens Bank & Trust Company 4 6.28% $4,430
    DHI MORTGAGE COMPANY, LTD. 4 5.59% $2,685
    COASTAL Federal Credit Union 3 6.71% $3,781
    Southern Bank and Trust Company 3 6.71% $4,942
    INSPIRE HOME LOANS INC. 3 6.21% $4,586
    FBC MORTGAGE, LLC 3 6.29% $3,745
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 7.91% $6,926
    ACADEMY MORTGAGE CORPORATION 3 5.58% $4,701
    Alcova Mortgage LLC 2 6.06% $1,614
    Mortgage Research Center, LLC 2 7.31% $6,709
    CROSSCOUNTRY MORTGAGE, LLC 2 6.93% $8,074
    Bank of England 2 6.94% $5,555
    JPMorgan Chase Bank 2 7.13% $2,975
    United Bank 2 6.50% $4,426
    UNITED WHOLESALE MORTGAGE, LLC 2 6.36% $9,050
    21ST MORTGAGE CORPORATION 2 8.86% $5,495
    PHH Mortgage Corporation 2 6.19% $4,544
    GoPrime Mortgage, Inc. 2 6.38% $5,092
    GUARANTEED RATE, INC. 2 7.31% $4,234
    American Security Mortgage Corp. 2 7.44% $4,312
    First National Bank of Pennsylvania 2 6.31% $3,326
    NEWREZ LLC 1 7.38% $5,623
    Bank of America 1 6.75% $6,249
    BRIGHTSTAR 1 7.50% $3,924
    CORNERSTONE HOME LENDING, INC. 1 4.99% $14,747
    DEEPHAVEN MORTGAGE LLC 1 7.63% $5,754
    EMM LOANS LLC 1 5.88% $3,889
    Equity Prime Mortgage LLC 1 7.25% $6,203
    First Federal Savings and Loan Association of Lakewood 1 7.10% $3,319
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.75% $10,218
    GUARANTY HOME MORTGAGE CORPORATION 1 6.00% $9,199
    Integrity Home Mortgage Corp 1 6.50% $5,048
    LATINO COMMUNITY CREDIT UNION 1 8.25% $5,302
    LEGEND LENDING CORPORATION 1 7.38% $5,328
    LOANDEPOT.COM, LLC 1 8.13% $3,825
    MID AMERICA MORTGAGE, INC. 1 7.38% $4,058
    Northpointe Bank 1 7.13% $5,471
    Northwest Federal Credit Union 1 7.88% $5,875
    ON Q FINANCIAL, INC. 1 7.49% $7,757
    PNC Bank 1 7.75% $2,932
    PREMIA MORTGAGE, LLC 1 6.13% $374
    RADIUS FINANCIAL GROUP INC. 1 5.75% $3,215
    Regions Bank 1 7.63% $4,704
    ROYAL UNITED MORTGAGE LLC 1 6.38% $3,695
    T2 FINANCIAL LLC 1 7.50% $3,933
    Towne Bank 1 6.50% $6,431
    Union Savings Bank 1 7.00% $1,638
    USAA Federal Savings Bank 1 7.25% $10,517

    Kinston Average Closing Costs & Other Stats

    Kinston, NC's 57 lenders originated 858 loans during 2023. The total origination value was $131,370,000, with an average loan value of $153,112.

    Kinston's average closing costs are $4,642.

    The top Kinston lender as defined by loan originations is STATE EMPLOYEES', with 54 loans originated. Their average total fees are $3,824, which is $1,434 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 ($3,427), STATE EMPLOYEES' ($3,824), Truist ($4,593), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($5,257) and QUICKEN LOANS, LLC ($5,332).

    The lowest rate Kinston lenders (with over 10 loans originated) are LOCAL GOVERNMENT FEDERAL CREDIT UNION (6.06%), STATE EMPLOYEES' (6.08%), Truist (6.24%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.73%) and QUICKEN LOANS, LLC (7.04%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    STATE EMPLOYEES' $31,865,000 $19,190,000 -39.8% 14.6%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $9,535,000 $7,810,000 -18.1% 5.9%
    Southern Bank and Trust Company $3,790,000 $7,630,000 101.3% 5.8%
    Mortgage Research Center, LLC $6,240,000 $6,090,000 -2.4% 4.6%
    QUICKEN LOANS, LLC $6,455,000 $5,530,000 -14.3% 4.2%
    First-Citizens Bank & Trust Company $6,700,000 $5,310,000 -20.7% 4.0%
    Truist $5,880,000 $5,280,000 -10.2% 4.0%
    MOVEMENT MORTGAGE, LLC $5,670,000 $4,695,000 -17.2% 3.6%
    INSPIRE HOME LOANS INC. $910,000 $4,590,000 404.4% 3.5%
    DHI MORTGAGE COMPANY, LTD. $3,785,000 n/a 2.9%
    NAVY FEDERAL CREDIT UNION $2,975,000 $2,790,000 -6.2% 2.1%
    FBC MORTGAGE, LLC $2,615,000 n/a 2.0%
    Wells Fargo Bank $3,405,000 $2,475,000 -27.3% 1.9%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $3,435,000 $2,345,000 -31.7% 1.8%
    UNITED WHOLESALE MORTGAGE, LLC $1,890,000 $2,280,000 20.6% 1.7%
    CORNERSTONE HOME LENDING, INC. $2,425,000 $2,230,000 -8.0% 1.7%
    ACADEMY MORTGAGE CORPORATION $1,575,000 $1,860,000 18.1% 1.4%
    United Bank $1,255,000 $1,845,000 47.0% 1.4%
    American Security Mortgage Corp. $730,000 $1,830,000 150.7% 1.4%
    First National Bank of Pennsylvania $135,000 $1,805,000 1,237.0% 1.4%
    21ST MORTGAGE CORPORATION $1,485,000 $1,695,000 14.1% 1.3%
    GUILD MORTGAGE COMPANY $350,000 $1,585,000 352.9% 1.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,500,000 n/a 1.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,210,000 $1,325,000 9.5% 1.0%
    LOANDEPOT.COM, LLC $2,170,000 $1,285,000 -40.8% 1.0%
    VILLAGE CAPITAL MORTGAGE $290,000 $1,280,000 341.4% 1.0%
    EMM LOANS LLC $1,250,000 $1,095,000 -12.4% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $735,000 $1,085,000 47.6% 0.8%
    MICHIGAN MUTUAL, INC. $155,000 $1,025,000 561.3% 0.8%
    CMG MORTGAGE, INC. $570,000 $1,020,000 78.9% 0.8%
    USAA Federal Savings Bank $950,000 $950,000 0.0% 0.7%
    PNC Bank $2,135,000 $865,000 -59.5% 0.7%
    SUCCESS MORTGAGE PARTNERS, INC. $480,000 $785,000 63.5% 0.6%
    INTERCOASTAL MORTGAGE COMPANY $1,545,000 $740,000 -52.1% 0.6%
    BROKER SOLUTIONS, INC. $1,060,000 $710,000 -33.0% 0.5%
    GUARANTEED RATE, INC. $2,040,000 $670,000 -67.2% 0.5%
    TRIAD FINANCIAL SERVICES, INC. $800,000 $610,000 -23.8% 0.5%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $585,000 n/a 0.4%
    Alcova Mortgage LLC $1,205,000 $570,000 -52.7% 0.4%
    COASTAL Federal Credit Union $685,000 $565,000 -17.5% 0.4%
    NEWREZ LLC $155,000 $545,000 251.6% 0.4%
    PHH Mortgage Corporation $55,000 $545,000 890.9% 0.4%
    FREEDOM MORTGAGE CORPORATION $1,270,000 $535,000 -57.9% 0.4%
    Bank of America $345,000 $520,000 50.7% 0.4%
    CARDINAL FINANCIAL $495,000 $495,000 0.0% 0.4%
    Integrity Home Mortgage Corp $485,000 n/a 0.4%
    PREMIA MORTGAGE, LLC $275,000 $480,000 74.5% 0.4%
    American Mortgage & Equity Consultants, Inc. $475,000 n/a 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $170,000 $445,000 161.8% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $75,000 $440,000 486.7% 0.3%
    Bank of England $425,000 n/a 0.3%
    PENNYMAC LOAN SERVICES, LLC $1,715,000 $410,000 -76.1% 0.3%
    Regions Bank $155,000 $390,000 151.6% 0.3%
    Armed Forces Bank $385,000 n/a 0.3%
    LENDINGHOME FUNDING CORPORATION $270,000 $375,000 38.9% 0.3%
    T2 FINANCIAL LLC $135,000 $370,000 174.1% 0.3%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $370,000 $355,000 -4.1% 0.3%
    Ameris Bank $445,000 $350,000 -21.3% 0.3%
    ROSS MORTGAGE CORPORATION $345,000 n/a 0.3%
    JPMorgan Chase Bank $365,000 $340,000 -6.8% 0.3%
    U.S. Bank $340,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $1,110,000 $330,000 -70.3% 0.3%
    LATINO COMMUNITY CREDIT UNION $155,000 $325,000 109.7% 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $405,000 $325,000 -19.8% 0.2%
    AgCarolina Farm Credit, FLCA $500,000 $305,000 -39.0% 0.2%
    Flagstar Bank, FSB $250,000 $295,000 18.0% 0.2%
    GSF Mortgage Corporation $295,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $75,000 $295,000 293.3% 0.2%
    GoPrime Mortgage, Inc. $125,000 $290,000 132.0% 0.2%
    First Community Bank of East Tennessee $255,000 n/a 0.2%
    Towne Bank $1,130,000 $240,000 -78.8% 0.2%
    Prosperity Home Mortgage, LLC $225,000 n/a 0.2%
    TOWNE MORTGAGE COMPANY $225,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $305,000 $215,000 -29.5% 0.2%
    JUSTICE Federal Credit Union $205,000 n/a 0.2%
    Bell Bank $195,000 n/a 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $1,100,000 $195,000 -82.3% 0.1%
    FIRST FLIGHT FEDERAL CREDIT UNION $105,000 $190,000 81.0% 0.1%
    NFM, INC. $190,000 n/a 0.1%
    Northwest Federal Credit Union $190,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $1,250,000 $185,000 -85.2% 0.1%
    LIMA ONE CAPITAL, LLC $690,000 $180,000 -73.9% 0.1%
    BRIGHTSTAR $175,000 n/a 0.1%
    ON Q FINANCIAL, INC. $290,000 $175,000 -39.7% 0.1%
    KS Bank, Inc. $165,000 n/a 0.1%
    Northpointe Bank $165,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $330,000 $155,000 -53.0% 0.1%
    Barrington Bank & Trust Company, N.A. $145,000 n/a 0.1%
    Carrington Mortgage Services, LLC $155,000 $145,000 -6.5% 0.1%
    DAS Acquisition Company, LLC $145,000 n/a 0.1%
    Equity Prime Mortgage LLC $145,000 n/a 0.1%
    Mid-Continent Funding, Inc. $125,000 $145,000 16.0% 0.1%
    SOUTHPOINT FINANCIAL SERVICES, INC. $145,000 n/a 0.1%
    EQUITY RESOURCES, INC. $270,000 $135,000 -50.0% 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $135,000 n/a 0.1%
    Nations Lending Corporation $115,000 $135,000 17.4% 0.1%
    SOUTHWEST STAGE FUNDING, LLC $720,000 $135,000 -81.3% 0.1%
    CONTOUR MORTGAGE CORPORATION $185,000 $115,000 -37.8% 0.1%
    Evolve Bank & Trust $115,000 n/a 0.1%
    First Federal Savings and Loan Association of Lakewood $115,000 n/a 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $270,000 $115,000 -57.4% 0.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $110,000 n/a 0.1%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $105,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.1%
    RADIUS FINANCIAL GROUP INC. $105,000 n/a 0.1%
    Union Savings Bank $105,000 n/a 0.1%
    Coastal Bank & Trust $85,000 n/a 0.1%
    CSL Financial, LLC $85,000 n/a 0.1%
    First Bank $65,000 $85,000 30.8% 0.1%
    Third Federal Savings and Loan Association of Cleveland $85,000 n/a 0.1%
    Deere Employees Credit Union $75,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $65,000 n/a 0.0%
    Figure Lending LLC $70,000 $65,000 -7.1% 0.0%
    LEGEND LENDING CORPORATION $65,000 n/a 0.0%
    MID AMERICA MORTGAGE, INC. $65,000 n/a 0.0%
    ROYAL UNITED MORTGAGE LLC $220,000 $65,000 -70.5% 0.0%
    SPRING EQ, LLC $65,000 n/a 0.0%
    PENTAGON FEDERAL CREDIT UNION $35,000 n/a 0.0%
    Truliant Federal Credit Union $15,000 $25,000 66.7% 0.0%
    CORNING $15,000 n/a 0.0%

    Kinston's top lender by overall market share is STATE EMPLOYEES', with 14.6% market share. In second place, with 5.9%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $7,810,000 in loans. In third place, with 5.8%, is Southern Bank and Trust Company, having originated $7,630,000 in loans. In fourth place, with 4.6%, is Mortgage Research Center, LLC, having originated $6,090,000 in loans. In fifth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $5,530,000 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
    2024-01-01 $219,500 (-9.7%) $233,334 (-19.8%) 0.00 91
    2024-02-01 $231,175 (-4.5%) $249,436 (-14.7%) 0.00 86
    2024-03-01 $230,000 (-4.1%) $252,378 (-14.6%) 0.00 87
    Kinston's median listing price for 2024-03-01 was $230,000, a difference of $-9,900 (-4.1%) versus the prior year and $-1,175 versus the prior month.

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

    Kinston's average listing price for 2024-03-01 was $252,378, a difference of $-42,987 (-14.6%) versus the prior year and $2,942 versus the prior month.

    For the 2024-03-01 period, Kinston had 87 MLS listings, a difference of 1 listings (1%) versus the prior month and -12 listings (-12%) 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
    2024-01-01 0 days 1,769 sqft
    2024-02-01 0 days 1,799 sqft
    2024-03-01 0 days 1,777 sqft
    Kinston's median listing age (time on market) for 2024-03-01 was 0 days.

    Kinston's median square footage for active listings during the 2024-03-01 period was 1,777 sqft. One year prior, the average listing was 1,598 sqft.

    Kinston, NC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 545 $99,635,000 $182,817
    Refi 86 $10,060,000 $116,977
    Home Improvement 81 $5,265,000 $65,000
    Other 79 $5,895,000 $74,620
    Cash Out Refi 67 $10,515,000 $156,940

    Kinston's most frequently cited loan purpose was Home Purchase, with 545 originations. The 2nd most popular reason was Refi, with 86 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 266 $48,840,000 $183,609
    7-8% 214 $29,640,000 $138,505
    5-6% 186 $35,660,000 $191,720
    Over 8% 90 $9,510,000 $105,667
    4-5% 63 $6,155,000 $97,698
    <2.5% 25 $385,000 $15,400
    3-4% 3 $145,000 $48,333

    During 2023, Kinston's most frequently originated rate bucket was 6-7%, with 266 originations.

    Loan Sizing (Kinston, NC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 319 $47,325,000 $148,354
    $100,000 or less 298 $16,420,000 $55,101
    $200k-400k 220 $57,010,000 $259,136
    $400k-600k 17 $8,045,000 $473,235
    $600k-1000k 4 $2,570,000 $642,500

    Kinston's loan sizing saw the bucket of loans from $100k-200k with 319 originations, totaling $47,325,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 404 $79,660,000 $197,178
    60-80% 138 $23,570,000 $170,797
    20-40% 103 $7,375,000 $71,602
    Under 20% 85 $2,305,000 $27,118
    40-60% 78 $8,140,000 $104,359
    Over 100% 41 $9,335,000 $227,683

    Kinston's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 404 originations, totaling $79,660,000 in origination value.