Marion 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 Marion averaged 6.62% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.8% and one month ago for the week of 2023-02-16, the average rate was 6.62%.

    Marion's average rate one year ago was 3.46%.

    For refis of the same type during the week of 2023-03-23, the average rate was 7.12%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Marion 30 Year Fixed Rate 2023-03-23 6.62%
    Marion 30 Year Fixed Rate Refi 2023-03-23 7.12%
    Marion 15 Year Fixed Rate 2023-03-23 6.5%
    Marion 15 Year Fixed Rate Refi 2023-03-23 6.19%
    Marion 30 Year FHA 2023-03-23 6.75%
    Marion 30 Year FHA Refi 2023-03-23 6.32%
    Marion 30 Year USDA 2023-03-23 6.22%
    Marion 30 Year USDA Refi 2023-03-23 6.52%
    Marion 30 Year VA 2023-03-23 6.04%
    Marion 30 Year VA Refi 2023-03-23 5.57%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Marion, NC.

    Marion 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 Marion, 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' 150 3.89% $3,765
    QUICKEN LOANS, LLC 38 4.77% $8,048
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 34 5.09% $4,636
    MOVEMENT MORTGAGE, LLC 28 5.00% $5,181
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 20 3.96% $3,751
    Wells Fargo Bank 13 5.03% $3,711
    GUARANTEED RATE, INC. 10 5.37% $4,776
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 10 5.19% $6,328
    TD Bank 9 4.00% $4,747
    UNITED WHOLESALE MORTGAGE, LLC 8 4.65% $5,926
    First-Citizens Bank & Trust Company 8 4.22% $3,957
    LOANDEPOT.COM, LLC 7 4.27% $5,426
    Champion Credit Union 6 4.04% $5,709
    U.S. Bank 6 4.25% $8,146
    Mr. Cooper ( Nationstar Mortgage ) 5 5.47% $5,647
    First Bank 5 4.32% $4,349
    Truist 5 3.47% $4,374
    South State Bank 4 3.59% $5,243
    CROSSCOUNTRY MORTGAGE, LLC 4 6.24% $7,883
    Baxter Credit Union 4 4.38% $3,113
    Bank of America 3 3.92% $3,815
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 4.04% $5,123
    HomeTrust Bank 3 5.08% $3,434
    PENNYMAC LOAN SERVICES, LLC 3 5.37% $7,872
    HOMESTAR FINANCIAL CORPORATION 3 5.25% $3,306
    ROYAL UNITED MORTGAGE LLC 3 6.83% $5,505
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 7.75% $7,569
    AMERISAVE MORTGAGE CORPORATION 3 4.58% $4,192
    PNC Bank 2 4.69% $3,874
    AgFirst Farm Credit Bank 2 5.81% $5,261
    Dollar Bank, Federal Savings Bank 2 4.31% $8,468
    Alcova Mortgage LLC 2 4.88% $4,908
    Blue Ridge Bank 2 4.69% $6,404
    21ST MORTGAGE CORPORATION 2 6.03% $6,437
    AmeriHome Mortgage Company, LLC 2 4.25% $3,171
    BROKER SOLUTIONS, INC. 2 6.25% $5,142
    FBC MORTGAGE, LLC 2 5.63% $9,896
    Fifth Third Bank 2 4.12% $4,065
    Northpointe Bank 2 6.25% $3,234
    First Guaranty Mortgage Corporation 2 4.06% $5,825
    HOMESIDE FINANCIAL, LLC 2 6.19% $5,078
    ACOPIA, LLC 2 3.63% $6,415
    FREEDOM MORTGAGE CORPORATION 2 3.06% $3,837
    GoPrime Mortgage, Inc. 2 6.37% $4,924
    T2 FINANCIAL LLC 2 5.69% $4,691
    United Community Bank 2 6.63% $5,276
    USAA Federal Savings Bank 2 4.38% $4,887
    CHARLOTTE METRO FEDERAL CREDIT UNION 2 4.63% $3,830
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 5.63% $5,508
    MIDLAND MORTGAGE CORPORATION 1 6.63% $6,991
    Ally Bank 1 3.75% $4,230
    AMERICAN FINANCING CORPORATION 1 4.25% $3,232
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.50% $15,969
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.38% $10,926
    Bank of England 1 6.38% $4,840
    BAY EQUITY LLC 1 5.75% $8,692
    BRIDGEVIEW MORTGAGE CORP. 1 4.00% $4,699
    CALIBER HOME LOANS, INC. 1 5.25% $10,190
    CAROLINAS TELCO FEDERAL CREDIT UNION 1 3.88% $4,612
    Charles Schwab Bank, SSB 1 3.63% $14,391
    CITIZENS EQUITY FIRST 1 4.00% $4,561
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.25% $3,406
    Discover Bank 1 4.49% $0
    EASTMAN 1 5.00% $3,752
    EMM LOANS LLC 1 5.00% $3,085
    EQUITY RESOURCES, INC. 1 5.38% $3,524
    EVERETT FINANCIAL, INC. 1 3.99% $7,105
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.88% $2,417
    First Horizon Bank 1 5.25% $3,792
    First National Bank of Pennsylvania 1 5.50% $5,555
    George Mason Mortgage, LLC 1 4.75% $6,316
    GUARANTY HOME MORTGAGE CORPORATION 1 6.88% $4,846
    GUILD MORTGAGE COMPANY 1 6.38% $8,643
    HOME POINT FINANCIAL CORPORATION 1 5.50% $2,051
    HOMESTEAD FUNDING CORP. 1 7.00% $3,883
    HOMEXPRESS MORTGAGE CORP. 1 7.13% $3,903
    INTERCOASTAL MORTGAGE COMPANY 1 3.88% $2,451
    JPMorgan Chase Bank 1 3.88% $4,100
    KELLER MORTGAGE, LLC 1 5.50% $4,936
    Magnolia Bank 1 3.38% $2,590
    Morgan Stanley Private Bank 1 2.75% $5,656
    Mortgage Network, Inc. 1 3.75% $6,320
    Mortgage Research Center, LLC 1 7.50% $1,596
    NAVY FEDERAL CREDIT UNION 1 4.63% $6,182
    NEWREZ LLC 1 5.88% $2,808
    NexBank 1 5.25% $3,924
    North American Savings Bank, F.S.B. 1 4.25% $12,347
    Paramount Residential Mortgage Group, Inc. 1 5.63% $12,115
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.25% $14,472
    Prosperity Home Mortgage, LLC 1 3.63% $3,697
    RELIANCE FIRST CAPITAL, LLC 1 5.50% $6,770
    Renasant Bank 1 6.63% $2,746
    ServisFirst Bank 1 4.75% $12,951
    UNION HOME MORTGAGE CORP. 1 5.63% $6,468
    UNITED 1 5.00% $4,807
    UTILITIES EMPLOYEES CREDIT UNION 1 3.75% $3,438
    Wyndham Capital Mortgage, Inc. 1 3.38% $3,218

    Marion Average Closing Costs & Other Stats

    Marion, NC's 97 lenders originated 1,110 loans during 2022. The total origination value was $256,540,000, with an average loan value of $231,117.

    Marion's average closing costs are $4,491.

    The top Marion lender as defined by loan originations is STATE EMPLOYEES', with 150 loans originated. Their average total fees are $3,765, which is $4,284 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Marion lenders (with over 10 loans originated) are Wells Fargo Bank ($3,711), LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,751), STATE EMPLOYEES' ($3,765), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($4,636) and GUARANTEED RATE, INC. ($4,776).

    The lowest rate Marion lenders (with over 10 loans originated) are STATE EMPLOYEES' (3.89%), LOCAL GOVERNMENT FEDERAL CREDIT UNION (3.96%), QUICKEN LOANS, LLC (4.77%), MOVEMENT MORTGAGE, LLC (5.00%) and Wells Fargo Bank (5.03%).

    Marion, 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' $47,460,000 $47,105,000 -0.7% 18.4%
    QUICKEN LOANS, LLC $31,705,000 $15,850,000 -50.0% 6.2%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $19,245,000 $12,330,000 -35.9% 4.8%
    MOVEMENT MORTGAGE, LLC $14,540,000 $11,705,000 -19.5% 4.6%
    First Bank $9,960,000 $8,590,000 -13.8% 3.3%
    TD Bank $5,835,000 $8,205,000 40.6% 3.2%
    HomeTrust Bank $7,945,000 $6,835,000 -14.0% 2.7%
    Truist $9,505,000 $6,770,000 -28.8% 2.6%
    First-Citizens Bank & Trust Company $7,995,000 $6,750,000 -15.6% 2.6%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $5,455,000 $6,125,000 12.3% 2.4%
    Wells Fargo Bank $7,400,000 $5,550,000 -25.0% 2.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $10,405,000 $5,215,000 -49.9% 2.0%
    Mortgage Research Center, LLC $4,850,000 $4,745,000 -2.2% 1.8%
    UNITED $945,000 $4,645,000 391.5% 1.8%
    UNITED WHOLESALE MORTGAGE, LLC $3,585,000 $4,605,000 28.5% 1.8%
    GUARANTEED RATE, INC. $4,035,000 $4,195,000 4.0% 1.6%
    U.S. Bank $2,555,000 $3,985,000 56.0% 1.6%
    Fifth Third Bank $5,395,000 $3,925,000 -27.2% 1.5%
    LOANDEPOT.COM, LLC $4,925,000 $3,245,000 -34.1% 1.3%
    FREEDOM MORTGAGE CORPORATION $6,525,000 $3,150,000 -51.7% 1.2%
    United Community Bank $4,490,000 $2,990,000 -33.4% 1.2%
    Bank of America $3,015,000 $2,570,000 -14.8% 1.0%
    South State Bank $2,045,000 $2,390,000 16.9% 0.9%
    PNC Bank $1,130,000 $2,315,000 104.9% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,800,000 $2,125,000 18.1% 0.8%
    AMERISAVE MORTGAGE CORPORATION $1,610,000 $2,050,000 27.3% 0.8%
    Champion Credit Union $640,000 $1,920,000 200.0% 0.7%
    Morgan Stanley Private Bank $1,705,000 n/a 0.7%
    PENNYMAC LOAN SERVICES, LLC $2,815,000 $1,675,000 -40.5% 0.7%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,200,000 $1,665,000 38.8% 0.6%
    HOMESIDE FINANCIAL, LLC $1,195,000 $1,660,000 38.9% 0.6%
    CROSSCOUNTRY MORTGAGE, LLC $1,560,000 n/a 0.6%
    AgFirst Farm Credit Bank $1,010,000 $1,370,000 35.6% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $710,000 $1,350,000 90.1% 0.5%
    NAVY FEDERAL CREDIT UNION $1,835,000 $1,300,000 -29.2% 0.5%
    Baxter Credit Union $3,905,000 $1,255,000 -67.9% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $2,600,000 $1,175,000 -54.8% 0.5%
    ACOPIA, LLC $820,000 $1,160,000 41.5% 0.5%
    Peoples Bank $1,155,000 n/a 0.5%
    Dollar Bank, Federal Savings Bank $3,205,000 $1,150,000 -64.1% 0.4%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $125,000 $1,150,000 820.0% 0.4%
    FBC MORTGAGE, LLC $1,140,000 n/a 0.4%
    HOMESTAR FINANCIAL CORPORATION $1,050,000 $1,135,000 8.1% 0.4%
    BROKER SOLUTIONS, INC. $2,040,000 $990,000 -51.5% 0.4%
    GoPrime Mortgage, Inc. $1,225,000 $945,000 -22.9% 0.4%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $335,000 $935,000 179.1% 0.4%
    Charles Schwab Bank, SSB $610,000 $905,000 48.4% 0.4%
    First National Bank of Pennsylvania $1,780,000 $895,000 -49.7% 0.3%
    EMBRACE HOME LOANS, INC. $890,000 n/a 0.3%
    ServisFirst Bank $865,000 n/a 0.3%
    USAA Federal Savings Bank $815,000 $790,000 -3.1% 0.3%
    T2 FINANCIAL LLC $530,000 $745,000 40.6% 0.3%
    First Horizon Bank $185,000 $715,000 286.5% 0.3%
    Southern Bank and Trust Company $505,000 $705,000 39.6% 0.3%
    Taylorsville Savings Bank SSB $700,000 n/a 0.3%
    Carrington Mortgage Services, LLC $145,000 $670,000 362.1% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $1,060,000 $665,000 -37.3% 0.3%
    AMERICAN ADVISORS GROUP $595,000 $660,000 10.9% 0.3%
    First Guaranty Mortgage Corporation $1,175,000 $650,000 -44.7% 0.3%
    UNION HOME MORTGAGE CORP. $2,105,000 $645,000 -69.4% 0.3%
    CALCON MUTUAL MORTGAGE LLC $1,515,000 $615,000 -59.4% 0.2%
    HOME POINT FINANCIAL CORPORATION $1,710,000 $615,000 -64.0% 0.2%
    Nations Lending Corporation $745,000 $615,000 -17.4% 0.2%
    Truliant Federal Credit Union $45,000 $610,000 1,255.6% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $605,000 n/a 0.2%
    Blue Ridge Bank $1,045,000 $605,000 -42.1% 0.2%
    HOMESTEAD FUNDING CORP. $585,000 n/a 0.2%
    Renasant Bank $885,000 $570,000 -35.6% 0.2%
    North American Savings Bank, F.S.B. $1,040,000 $565,000 -45.7% 0.2%
    BAY EQUITY LLC $890,000 $560,000 -37.1% 0.2%
    JPMorgan Chase Bank $2,470,000 $560,000 -77.3% 0.2%
    BRIDGEVIEW MORTGAGE CORP. $545,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $145,000 $530,000 265.5% 0.2%
    CHARLOTTE METRO FEDERAL CREDIT UNION $525,000 n/a 0.2%
    Alcova Mortgage LLC $1,235,000 $520,000 -57.9% 0.2%
    EMM LOANS LLC $415,000 $520,000 25.3% 0.2%
    SELF-HELP Credit Union $510,000 n/a 0.2%
    N R L Federal Credit Union $505,000 n/a 0.2%
    NEWREZ LLC $360,000 $490,000 36.1% 0.2%
    NexBank $485,000 n/a 0.2%
    BELEM SERVICING LLC $445,000 n/a 0.2%
    Century Next Bank $445,000 n/a 0.2%
    Mid-Continent Funding, Inc. $530,000 $445,000 -16.0% 0.2%
    Pinnacle Bank $440,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,390,000 $430,000 -69.1% 0.2%
    NEW DAY FINANCIAL, LLC $655,000 $430,000 -34.4% 0.2%
    EVERETT FINANCIAL, INC. $425,000 n/a 0.2%
    CITIZENS EQUITY FIRST $420,000 n/a 0.2%
    CALIBER HOME LOANS, INC. $1,300,000 $385,000 -70.4% 0.2%
    KELLER MORTGAGE, LLC $385,000 n/a 0.2%
    First Financial Bank $375,000 n/a 0.1%
    MIDLAND MORTGAGE CORPORATION $365,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $235,000 $365,000 55.3% 0.1%
    21ST MORTGAGE CORPORATION $100,000 $350,000 250.0% 0.1%
    AmeriHome Mortgage Company, LLC $340,000 n/a 0.1%
    GUILD MORTGAGE COMPANY $145,000 $335,000 131.0% 0.1%
    Northpointe Bank $410,000 $330,000 -19.5% 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $480,000 $320,000 -33.3% 0.1%
    AMERIFIRST FINANCIAL CORPORATION $420,000 $310,000 -26.2% 0.1%
    Bank of England $790,000 $310,000 -60.8% 0.1%
    CAROLINAS TELCO FEDERAL CREDIT UNION $135,000 $295,000 118.5% 0.1%
    EASTMAN $265,000 $295,000 11.3% 0.1%
    FirstBank $415,000 $295,000 -28.9% 0.1%
    Mortgage Network, Inc. $285,000 n/a 0.1%
    Towne Bank $185,000 $285,000 54.1% 0.1%
    Barrington Bank & Trust Company, N.A. $525,000 $275,000 -47.6% 0.1%
    George Mason Mortgage, LLC $185,000 $275,000 48.6% 0.1%
    American Security Mortgage Corp. $1,320,000 $265,000 -79.9% 0.1%
    The Fidelity Bank $425,000 $255,000 -40.0% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $250,000 n/a 0.1%
    Magnolia Bank $1,050,000 $245,000 -76.7% 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $235,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $235,000 n/a 0.1%
    UTILITIES EMPLOYEES CREDIT UNION $235,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $225,000 n/a 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $215,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $810,000 $215,000 -73.5% 0.1%
    GTE Federal Credit Union $205,000 n/a 0.1%
    PLANET HOME LENDING, LLC $205,000 n/a 0.1%
    The Huntington National Bank $455,000 $195,000 -57.1% 0.1%
    Ameris Bank $680,000 $185,000 -72.8% 0.1%
    Bank of Springfield $185,000 n/a 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $75,000 $185,000 146.7% 0.1%
    TOP FLITE FINANCIAL, INC. $175,000 $185,000 5.7% 0.1%
    COASTAL Federal Credit Union $1,955,000 $180,000 -90.8% 0.1%
    CAPITAL CENTER, L.L.C. $460,000 $175,000 -62.0% 0.1%
    LOANLEADERS OF AMERICA, INC. $175,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $135,000 $175,000 29.6% 0.1%
    Ally Bank $165,000 n/a 0.1%
    1ST SIGNATURE LENDING, LLC $280,000 $155,000 -44.6% 0.1%
    Flagstar Bank, FSB $715,000 $155,000 -78.3% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $795,000 $155,000 -80.5% 0.1%
    Citizens Bank $1,890,000 $135,000 -92.9% 0.1%
    EQUITY RESOURCES, INC. $135,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $700,000 $125,000 -82.1% 0.0%
    HOMEXPRESS MORTGAGE CORP. $125,000 n/a 0.0%
    RUOFF MORTGAGE COMPANY, INC. $105,000 $125,000 19.0% 0.0%
    SPRING EQ, LLC $120,000 n/a 0.0%
    North State Bank $490,000 $115,000 -76.5% 0.0%
    CHURCHILL MORTGAGE CORPORATION $105,000 $105,000 0.0% 0.0%
    Discover Bank $105,000 n/a 0.0%
    LENDINGHOME FUNDING CORPORATION $105,000 n/a 0.0%
    PHH Mortgage Corporation $180,000 $105,000 -41.7% 0.0%
    Wyndham Capital Mortgage, Inc. $1,515,000 $105,000 -93.1% 0.0%
    INTERCOASTAL MORTGAGE COMPANY $400,000 $95,000 -76.3% 0.0%
    F&M Bank $85,000 n/a 0.0%
    Figure Lending LLC $75,000 n/a 0.0%
    Equity Prime Mortgage LLC $65,000 n/a 0.0%
    Bank of Tennessee $265,000 $55,000 -79.2% 0.0%
    LONGBRIDGE FINANCIAL, LLC $55,000 n/a 0.0%
    Southwest Airlines Federal Credit Union $55,000 n/a 0.0%
    Synovus Bank $45,000 n/a 0.0%

    Marion's top lender by overall market share is STATE EMPLOYEES', with 18.4% market share. In second place, with 6.2%, is QUICKEN LOANS, LLC, having originated $15,850,000 in loans. In third place, with 4.8%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $12,330,000 in loans. In fourth place, with 4.6%, is MOVEMENT MORTGAGE, LLC, having originated $11,705,000 in loans. In fifth place, with 3.3%, is First Bank, having originated $8,590,000 in loans.

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

    Realtor.com - Marion (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 $259,000 (12.0%) $332,154 (10.3%) 0.00 199
    2018-02-01 $259,000 (13.0%) $329,661 (13.4%) 0.00 197
    2018-03-01 $251,000 (6.9%) $333,113 (7.5%) 0.00 187
    2018-04-01 $249,825 (-4.2%) $344,287 (6.9%) 0.00 182
    2018-05-01 $249,000 (-5.0%) $348,001 (5.8%) 0.00 192
    2018-06-01 $264,500 (-1.1%) $374,359 (11.4%) 0.00 201
    2018-07-01 $264,000 (-5.4%) $375,650 (10.2%) 0.00 222
    2018-08-01 $274,950 (-1.5%) $382,998 (12.3%) 0.00 212
    2018-09-01 $277,000 (-0.7%) $381,259 (8.2%) 0.00 224
    2018-10-01 $276,000 (-1.1%) $380,234 (8.5%) 0.00 229
    2018-11-01 $259,900 (-6.5%) $359,241 (2.6%) 0.00 217
    2018-12-01 $249,500 (-9.3%) $343,218 (-1.4%) 0.00 210
    2019-01-01 $244,575 (-5.6%) $331,617 (-0.2%) 0.00 193
    2019-02-01 $252,500 (-2.5%) $337,830 (2.5%) 0.00 185
    2019-03-01 $266,429 (6.2%) $348,665 (4.7%) 0.00 195
    2019-04-01 $294,250 (17.8%) $372,179 (8.1%) 0.00 186
    2019-05-01 $314,250 (26.2%) $403,681 (16.0%) 0.00 189
    2019-06-01 $297,200 (12.4%) $405,914 (8.4%) 0.00 220
    2019-07-01 $294,100 (11.4%) $398,703 (6.1%) 0.00 213
    2019-08-01 $302,959 (10.2%) $396,383 (3.5%) 0.00 212
    2019-09-01 $308,298 (11.3%) $391,451 (2.7%) 0.00 212
    2019-10-01 $311,857 (13.0%) $389,177 (2.4%) 0.00 213
    2019-11-01 $324,900 (25.0%) $390,865 (8.8%) 0.00 203
    2019-12-01 $299,375 (20.0%) $381,644 (11.2%) 0.00 181
    2020-01-01 $311,100 (27.2%) $386,904 (16.7%) 0.00 168
    2020-02-01 $325,000 (28.7%) $405,579 (20.1%) 0.00 165
    2020-03-01 $329,900 (23.8%) $409,594 (17.5%) 0.00 165
    2020-04-01 $333,525 (13.4%) $412,525 (10.8%) 0.00 158
    2020-05-01 $359,300 (14.3%) $434,097 (7.5%) 0.00 136
    2020-06-01 $374,725 (26.1%) $450,887 (11.1%) 0.00 120
    2020-07-01 $386,750 (31.5%) $467,089 (17.2%) 0.00 104
    2020-08-01 $367,000 (21.1%) $451,140 (13.8%) 0.00 97
    2020-09-01 $349,000 (13.2%) $446,262 (14.0%) 0.00 99
    2020-10-01 $334,950 (7.4%) $429,216 (10.3%) 0.00 95
    2020-11-01 $342,200 (5.3%) $404,997 (3.6%) 0.00 87
    2020-12-01 $299,000 (-0.1%) $385,450 (1.0%) 0.00 87
    2021-01-01 $299,000 (-3.9%) $380,876 (-1.6%) 0.00 70
    2021-02-01 $278,500 (-14.3%) $396,022 (-2.4%) 0.00 59
    2021-03-01 $309,120 (-6.3%) $391,928 (-4.3%) 0.00 52
    2021-04-01 $287,400 (-13.8%) $391,830 (-5.0%) 0.00 53
    2021-05-01 $325,000 (-9.6%) $407,969 (-6.0%) 0.00 55
    2021-06-01 $397,250 (6.0%) $447,250 (-0.8%) 0.00 64
    2021-07-01 $407,450 (5.4%) $466,417 (-0.1%) 0.00 73
    2021-08-01 $376,750 (2.7%) $437,290 (-3.1%) 0.00 84
    2021-09-01 $384,250 (10.1%) $465,815 (4.4%) 0.00 82
    2021-10-01 $389,000 (16.1%) $494,843 (15.3%) 0.00 86
    2021-11-01 $413,000 (20.7%) $3,247,435 (701.8%) 0.00 80
    2021-12-01 $389,000 (30.1%) $3,411,322 (785.0%) 0.00 71
    2022-01-01 $400,000 (33.8%) $471,730 (23.9%) 0.00 56
    2022-02-01 $341,925 (22.8%) $472,235 (19.2%) 0.00 42
    2022-03-01 $334,725 (8.3%) $426,652 (8.9%) 0.00 45
    2022-04-01 $365,000 (27.0%) $480,702 (22.7%) 0.00 43
    2022-05-01 $362,500 (11.5%) $496,381 (21.7%) 0.00 49
    2022-06-01 $380,000 (-4.3%) $506,753 (13.3%) 0.00 64
    2022-07-01 $375,000 (-8.0%) $482,028 (3.4%) 0.00 80
    2022-08-01 $354,500 (-5.9%) $457,792 (4.7%) 0.00 86
    2022-09-01 $385,500 (0.3%) $499,305 (7.2%) 0.00 77
    2022-10-01 $397,000 (2.1%) $519,100 (4.9%) 0.00 81
    2022-11-01 $440,000 (6.5%) $556,198 (-82.9%) 0.00 82
    2022-12-01 $415,000 (6.7%) $538,623 (-84.2%) 0.00 83
    2023-01-01 $396,975 (-0.8%) $542,145 (14.9%) 0.00 75
    2023-02-01 $413,225 (20.9%) $575,609 (21.9%) 0.00 59
    Marion's median listing price for 2023-02-01 was $413,225, a difference of $71,300 (20.9%) versus the prior year and $16,250 versus the prior month.

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

    Marion's average listing price for 2023-02-01 was $575,609, a difference of $103,374 (21.9%) versus the prior year and $33,464 versus the prior month.

    For the 2023-02-01 period, Marion had 59 MLS listings, a difference of -16 listings (-21%) versus the prior month and 17 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marion (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,006 sqft
    2018-02-01 0 days 1,960 sqft
    2018-03-01 0 days 1,993 sqft
    2018-04-01 0 days 1,921 sqft
    2018-05-01 0 days 1,906 sqft
    2018-06-01 0 days 1,906 sqft
    2018-07-01 0 days 1,908 sqft
    2018-08-01 0 days 2,025 sqft
    2018-09-01 0 days 2,040 sqft
    2018-10-01 0 days 2,016 sqft
    2018-11-01 0 days 1,927 sqft
    2018-12-01 0 days 1,899 sqft
    2019-01-01 0 days 1,906 sqft
    2019-02-01 0 days 1,933 sqft
    2019-03-01 0 days 1,947 sqft
    2019-04-01 0 days 2,006 sqft
    2019-05-01 0 days 2,018 sqft
    2019-06-01 0 days 2,006 sqft
    2019-07-01 0 days 2,018 sqft
    2019-08-01 0 days 2,033 sqft
    2019-09-01 0 days 2,031 sqft
    2019-10-01 0 days 2,029 sqft
    2019-11-01 0 days 2,030 sqft
    2019-12-01 0 days 2,000 sqft
    2020-01-01 0 days 1,997 sqft
    2020-02-01 0 days 2,013 sqft
    2020-03-01 0 days 2,043 sqft
    2020-04-01 0 days 2,074 sqft
    2020-05-01 0 days 2,164 sqft
    2020-06-01 0 days 2,239 sqft
    2020-07-01 0 days 2,327 sqft
    2020-08-01 0 days 2,217 sqft
    2020-09-01 0 days 2,171 sqft
    2020-10-01 0 days 2,167 sqft
    2020-11-01 0 days 2,108 sqft
    2020-12-01 0 days 2,083 sqft
    2021-01-01 0 days 2,093 sqft
    2021-02-01 0 days 2,018 sqft
    2021-03-01 0 days 1,906 sqft
    2021-04-01 0 days 1,630 sqft
    2021-05-01 0 days 1,700 sqft
    2021-06-01 0 days 1,885 sqft
    2021-07-01 0 days 1,846 sqft
    2021-08-01 0 days 1,791 sqft
    2021-09-01 0 days 1,863 sqft
    2021-10-01 0 days 1,906 sqft
    2021-11-01 0 days 1,970 sqft
    2021-12-01 0 days 1,835 sqft
    2022-01-01 0 days 1,696 sqft
    2022-02-01 0 days 1,643 sqft
    2022-03-01 0 days 1,575 sqft
    2022-04-01 0 days 1,650 sqft
    2022-05-01 0 days 1,762 sqft
    2022-06-01 0 days 1,810 sqft
    2022-07-01 0 days 1,772 sqft
    2022-08-01 0 days 1,730 sqft
    2022-09-01 0 days 1,836 sqft
    2022-10-01 0 days 1,824 sqft
    2022-11-01 0 days 1,934 sqft
    2022-12-01 0 days 1,748 sqft
    2023-01-01 0 days 1,655 sqft
    2023-02-01 0 days 1,812 sqft
    Marion's median listing age (time on market) for 2023-02-01 was 0 days.

    Marion's median square footage for active listings during the 2023-02-01 period was 1,812 sqft. One year prior, the average listing was 1,643 sqft.

    Marion, NC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 562 $161,520,000 $287,402
    Refi 225 $41,325,000 $183,667
    Cash Out Refi 156 $31,010,000 $198,782
    Home Improvement 89 $12,405,000 $139,382
    Other 78 $10,280,000 $131,795

    Marion's most frequently cited loan purpose was Home Purchase, with 562 originations. The 2nd most popular reason was Refi, with 225 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 393 $88,425,000 $225,000
    4-5% 232 $57,190,000 $246,509
    5-6% 185 $49,635,000 $268,297
    2.5-3% 122 $23,520,000 $192,787
    6-7% 104 $23,270,000 $223,750
    7-8% 33 $5,395,000 $163,485
    <2.5% 24 $5,870,000 $244,583
    Over 8% 15 $2,535,000 $169,000

    During 2022, Marion's most frequently originated rate bucket was 3-4%, with 393 originations.

    Loan Sizing (Marion, NC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 393 $57,945,000 $147,443
    $200k-400k 369 $100,985,000 $273,672
    $100,000 or less 220 $12,950,000 $58,864
    $400k-600k 77 $36,555,000 $474,740
    $600k-1000k 38 $28,050,000 $738,158
    $Over $1MM 13 $20,055,000 $1,542,692

    Marion's loan sizing saw the bucket of loans from $100k-200k with 393 originations, totaling $57,945,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 422 $107,620,000 $255,024
    60-80% 280 $84,010,000 $300,036
    40-60% 148 $36,400,000 $245,946
    20-40% 137 $16,855,000 $123,029
    Under 20% 95 $4,975,000 $52,368
    Over 100% 19 $4,855,000 $255,526

    Marion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 422 originations, totaling $107,620,000 in origination value.