Marion Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Marion averaged 5.98% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 5.64% and one month ago for the week of 2024-08-29, the average rate was 5.91%.

Marion's average rate one year ago was 7.17%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.02%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Marion 30 Year Fixed Rate 2024-10-03 5.98%
Marion 30 Year Fixed Rate Refi 2024-10-03 6.02%
Marion 15 Year Fixed Rate 2024-10-03 5.25%
Marion 15 Year Fixed Rate Refi 2024-10-03 5.25%
Marion 30 Year FHA 2024-10-03 5.89%
Marion 30 Year FHA Refi 2024-10-03 6.09%
Marion 30 Year USDA 2024-10-03 5.77%
Marion 30 Year USDA Refi 2024-10-03 6.17%
Marion 30 Year VA 2024-10-03 5.5%
Marion 30 Year VA Refi 2024-10-03 5.6%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
STATE EMPLOYEES' 76 5.83% $3,806
MOVEMENT MORTGAGE, LLC 29 6.84% $6,255
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 18 6.93% $7,788
QUICKEN LOANS, LLC 10 6.86% $8,911
First-Citizens Bank & Trust Company 9 6.39% $3,915
UNITED WHOLESALE MORTGAGE, LLC 8 6.59% $6,406
VANDERBILT MORTGAGE AND FINANCE, INC. 7 7.70% $6,343
LOCAL GOVERNMENT FEDERAL CREDIT UNION 6 6.43% $4,532
Wells Fargo Bank 6 6.33% $6,782
Truist 5 6.64% $6,985
First Bank 4 6.12% $3,260
HomeTrust Bank 4 6.91% $3,741
Alcova Mortgage LLC 4 6.40% $4,306
RADIUS FINANCIAL GROUP INC. 3 6.25% $3,981
South State Bank 3 6.92% $6,382
GUARANTEED RATE, INC. 3 6.74% $4,126
United Community Bank 3 7.33% $4,511
TD Bank 2 6.03% $3,353
JPMorgan Chase Bank 2 6.62% $421
LOANDEPOT.COM, LLC 2 6.99% $5,228
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.31% $5,176
AMERISAVE MORTGAGE CORPORATION 2 7.37% $12,352
NBKC BANK 2 6.13% $5,188
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.75% $7,076
Champion Credit Union 2 5.94% $3,877
UNITED 2 7.06% $3,816
HOWARD HANNA FINANCIAL SERVICES, INC. 2 6.31% $3,166
CROSSCOUNTRY MORTGAGE, LLC 2 8.00% $9,863
CARDINAL FINANCIAL 2 6.69% $5,018
Flagstar Bank, FSB 2 6.68% $6,498
HOMESIDE FINANCIAL, LLC 2 7.00% $5,947
INTERCOASTAL MORTGAGE COMPANY 2 5.99% $5,100
PNC Bank 1 7.25% $6,510
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $6,879
Regions Bank 1 5.88% $3,808
T2 FINANCIAL LLC 1 6.50% $5,272
Telco Community Credit Union 1 7.45% $4,209
The Huntington National Bank 1 6.50% $5,124
TOWNE MORTGAGE COMPANY 1 6.25% $16,254
AgFirst Farm Credit Bank 1 6.50% $6,155
UNION HOME MORTGAGE CORP. 1 6.38% $4,383
Union Savings Bank 1 6.50% $4,328
U.S. Bank 1 7.99% $11,493
Waterstone Mortgage Corporation 1 6.99% $6,570
Trustmark National Bank 1 6.38% $5,078
AmeriHome Mortgage Company, LLC 1 7.13% $8,046
Ameris Bank 1 6.99% $6,286
AMERITRUST MORTGAGE CORPORATION 1 6.88% $18,084
Bangor Savings Bank 1 6.38% $2,605
Barrington Bank & Trust Company, N.A. 1 6.99% $6,600
BAY EQUITY LLC 1 6.38% $5,658
CALCON MUTUAL MORTGAGE LLC 1 7.25% $5,472
Charles Schwab Bank, SSB 1 7.05% $2,970
CHARLOTTE METRO FEDERAL CREDIT UNION 1 4.99% $6,829
City National Bank 1 6.95% $5,463
CMG MORTGAGE, INC. 1 7.88% $3,711
Corporate Investors Mortgage Group, Inc. 1 7.00% $6,827
DIRECT MORTGAGE LOANS, LLC 1 6.62% $8,295
EVERETT FINANCIAL, INC. 1 7.13% $8,431
FBC MORTGAGE, LLC 1 7.50% $13,839
Fifth Third Bank 1 7.63% $19,176
First National Bank of Pennsylvania 1 7.50% $4,348
FOUNDERS FEDERAL CREDIT UNION 1 7.25% $3,126
GUILD MORTGAGE COMPANY 1 7.38% $7,329
Magnolia Bank 1 6.38% $3,572
Morgan Stanley Private Bank 1 5.95% $2,728
Mortgage Assurance Inc. 1 9.38% $6,846
Mortgage Research Center, LLC 1 5.75% $6,937
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $8,401
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.88% $6,237
NAVY FEDERAL CREDIT UNION 1 7.00% $1,485
NexBank 1 7.38% $31,796
North State Bank 1 6.38% $3,995
PENNYMAC LOAN SERVICES, LLC 1 6.13% $8,454
PENTAGON FEDERAL CREDIT UNION 1 6.25% $3,040
Plains Commerce Bank 1 7.25% $7,003

Marion Average Closing Costs & Other Stats

Marion, NC's 76 lenders originated 739 loans during 2023. The total origination value was $159,675,000, with an average loan value of $216,069.

Marion's average closing costs are $4,732.

The top Marion lender as defined by loan originations is STATE EMPLOYEES', with 76 loans originated. Their average total fees are $3,806, which is $2,449 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

The lowest fee Marion lenders (with over 10 loans originated) are STATE EMPLOYEES' ($3,806), MOVEMENT MORTGAGE, LLC ($6,255), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,788), QUICKEN LOANS, LLC ($8,911) and .

The lowest rate Marion lenders (with over 10 loans originated) are STATE EMPLOYEES' (5.83%), MOVEMENT MORTGAGE, LLC (6.84%), QUICKEN LOANS, LLC (6.86%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.93%) and .

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
STATE EMPLOYEES' $47,105,000 $30,250,000 -35.8% 18.9%
MOVEMENT MORTGAGE, LLC $11,705,000 $11,640,000 -0.6% 7.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $12,330,000 $9,000,000 -27.0% 5.6%
First-Citizens Bank & Trust Company $6,750,000 $8,185,000 21.3% 5.1%
QUICKEN LOANS, LLC $15,850,000 $6,085,000 -61.6% 3.8%
UNITED WHOLESALE MORTGAGE, LLC $4,605,000 $4,710,000 2.3% 2.9%
HomeTrust Bank $6,835,000 $4,245,000 -37.9% 2.7%
CARDINAL FINANCIAL $5,215,000 $4,010,000 -23.1% 2.5%
United Community Bank $2,990,000 $3,910,000 30.8% 2.4%
Wells Fargo Bank $5,550,000 $3,750,000 -32.4% 2.3%
Truist $6,770,000 $3,435,000 -49.3% 2.2%
Mortgage Research Center, LLC $4,745,000 $3,260,000 -31.3% 2.0%
First Bank $8,590,000 $3,200,000 -62.7% 2.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $6,125,000 $2,455,000 -59.9% 1.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,125,000 $2,390,000 12.5% 1.5%
South State Bank $2,390,000 $1,635,000 -31.6% 1.0%
CROSSCOUNTRY MORTGAGE, LLC $1,560,000 $1,540,000 -1.3% 1.0%
AgFirst Farm Credit Bank $1,370,000 $1,525,000 11.3% 1.0%
JPMorgan Chase Bank $560,000 $1,505,000 168.8% 0.9%
Bank of America $2,570,000 $1,465,000 -43.0% 0.9%
FREEDOM MORTGAGE CORPORATION $3,150,000 $1,440,000 -54.3% 0.9%
NexBank $485,000 $1,255,000 158.8% 0.8%
GUARANTEED RATE, INC. $4,195,000 $1,225,000 -70.8% 0.8%
City National Bank $1,165,000 n/a 0.7%
UNITED $4,645,000 $1,130,000 -75.7% 0.7%
NAVY FEDERAL CREDIT UNION $1,300,000 $1,060,000 -18.5% 0.7%
TD Bank $8,205,000 $1,030,000 -87.4% 0.6%
INTERCOASTAL MORTGAGE COMPANY $95,000 $1,020,000 973.7% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $430,000 $1,015,000 136.0% 0.6%
1ST SIGNATURE LENDING, LLC $155,000 $1,010,000 551.6% 0.6%
Fifth Third Bank $3,925,000 $1,010,000 -74.3% 0.6%
HOWARD HANNA FINANCIAL SERVICES, INC. $995,000 n/a 0.6%
PENTAGON FEDERAL CREDIT UNION $985,000 n/a 0.6%
HOMESIDE FINANCIAL, LLC $1,660,000 $975,000 -41.3% 0.6%
FIRST COMMUNITY MORTGAGE, INC. $960,000 n/a 0.6%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,665,000 $945,000 -43.2% 0.6%
Truliant Federal Credit Union $610,000 $850,000 39.3% 0.5%
Alcova Mortgage LLC $520,000 $740,000 42.3% 0.5%
LOANDEPOT.COM, LLC $3,245,000 $740,000 -77.2% 0.5%
Taylorsville Savings Bank SSB $700,000 $705,000 0.7% 0.4%
U.S. Bank $3,985,000 $685,000 -82.8% 0.4%
AMERITRUST MORTGAGE CORPORATION $665,000 n/a 0.4%
Union Savings Bank $665,000 n/a 0.4%
CHARLOTTE METRO FEDERAL CREDIT UNION $525,000 $655,000 24.8% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $155,000 $640,000 312.9% 0.4%
NBKC BANK $630,000 n/a 0.4%
The Fidelity Bank $255,000 $625,000 145.1% 0.4%
USAA Federal Savings Bank $790,000 $620,000 -21.5% 0.4%
UNION HOME MORTGAGE CORP. $645,000 $615,000 -4.7% 0.4%
21ST MORTGAGE CORPORATION $350,000 $600,000 71.4% 0.4%
The Huntington National Bank $195,000 $600,000 207.7% 0.4%
PNC Bank $2,315,000 $595,000 -74.3% 0.4%
RADIUS FINANCIAL GROUP INC. $570,000 n/a 0.4%
ArborOne, ACA $565,000 n/a 0.4%
EVERETT FINANCIAL, INC. $425,000 $540,000 27.1% 0.3%
T2 FINANCIAL LLC $745,000 $535,000 -28.2% 0.3%
AMERISAVE MORTGAGE CORPORATION $2,050,000 $530,000 -74.1% 0.3%
FOUNDERS FEDERAL CREDIT UNION $525,000 n/a 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,350,000 $515,000 -61.9% 0.3%
Regions Bank $500,000 n/a 0.3%
ACOPIA, LLC $1,160,000 $495,000 -57.3% 0.3%
Telco Community Credit Union $490,000 n/a 0.3%
TOWNE MORTGAGE COMPANY $485,000 n/a 0.3%
First National Bank of Pennsylvania $895,000 $475,000 -46.9% 0.3%
Baxter Credit Union $1,255,000 $460,000 -63.3% 0.3%
BAY EQUITY LLC $560,000 $440,000 -21.4% 0.3%
SELF-HELP Credit Union $510,000 $440,000 -13.7% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $1,175,000 $430,000 -63.4% 0.3%
FBC MORTGAGE, LLC $1,140,000 $425,000 -62.7% 0.3%
Plains Commerce Bank $425,000 n/a 0.3%
Champion Credit Union $1,920,000 $400,000 -79.2% 0.3%
BNC National Bank $395,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $390,000 n/a 0.2%
Flagstar Bank, FSB $155,000 $390,000 151.6% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $385,000 n/a 0.2%
GoPrime Mortgage, Inc. $945,000 $380,000 -59.8% 0.2%
Corporate Investors Mortgage Group, Inc. $365,000 n/a 0.2%
Waterstone Mortgage Corporation $365,000 n/a 0.2%
Nations Lending Corporation $615,000 $340,000 -44.7% 0.2%
PLANET HOME LENDING, LLC $205,000 $335,000 63.4% 0.2%
DIRECT MORTGAGE LOANS, LLC $305,000 n/a 0.2%
SeaTrust Mortgage Company $275,000 n/a 0.2%
CMG MORTGAGE, INC. $265,000 n/a 0.2%
Bangor Savings Bank $255,000 n/a 0.2%
Uwharrie Bank $255,000 n/a 0.2%
North State Bank $115,000 $235,000 104.3% 0.1%
Trustmark National Bank $235,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $340,000 $225,000 -33.8% 0.1%
Bethpage Federal Credit Union $225,000 n/a 0.1%
Magnolia Bank $245,000 $225,000 -8.2% 0.1%
Morgan Stanley Private Bank $1,705,000 $225,000 -86.8% 0.1%
PHH Mortgage Corporation $105,000 $225,000 114.3% 0.1%
LAKEVIEW LOAN SERVICING, LLC $665,000 $215,000 -67.7% 0.1%
Ameris Bank $185,000 $205,000 10.8% 0.1%
Charles Schwab Bank, SSB $905,000 $205,000 -77.3% 0.1%
Third Federal Savings and Loan Association of Cleveland $205,000 n/a 0.1%
CALCON MUTUAL MORTGAGE LLC $615,000 $185,000 -69.9% 0.1%
PENNYMAC LOAN SERVICES, LLC $1,675,000 $185,000 -89.0% 0.1%
BROKER SOLUTIONS, INC. $990,000 $175,000 -82.3% 0.1%
EASTMAN $295,000 $175,000 -40.7% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $165,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $430,000 $165,000 -61.6% 0.1%
NEWREZ LLC $490,000 $165,000 -66.3% 0.1%
Discover Bank $105,000 $160,000 52.4% 0.1%
AMERICAN HERITAGE LENDING, INC. $155,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $155,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $175,000 $155,000 -11.4% 0.1%
Carrington Mortgage Services, LLC $670,000 $145,000 -78.4% 0.1%
GUILD MORTGAGE COMPANY $335,000 $145,000 -56.7% 0.1%
TRIAD FINANCIAL SERVICES, INC. $235,000 $145,000 -38.3% 0.1%
CAPITAL CENTER, L.L.C. $175,000 $135,000 -22.9% 0.1%
Mortgage Assurance Inc. $135,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $105,000 $105,000 0.0% 0.1%
Queensborough National Bank & Trust Company $105,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $275,000 $95,000 -65.5% 0.1%
ROYAL UNITED MORTGAGE LLC $530,000 $95,000 -82.1% 0.1%
ATLANTA POSTAL $85,000 n/a 0.1%
COASTAL Federal Credit Union $180,000 $85,000 -52.8% 0.1%
TOP FLITE FINANCIAL, INC. $185,000 $85,000 -54.1% 0.1%
Skyline National Bank $75,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $225,000 $75,000 -66.7% 0.0%
Citizens Bank $135,000 $65,000 -51.9% 0.0%
FIRST FLIGHT FEDERAL CREDIT UNION $65,000 n/a 0.0%
Lakeview Community Capital, LLC $65,000 n/a 0.0%
Connexus Credit Union $45,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $125,000 $45,000 -64.0% 0.0%
Bank of Tennessee $55,000 $35,000 -36.4% 0.0%

Marion's top lender by overall market share is STATE EMPLOYEES', with 18.9% market share. In second place, with 7.3%, is MOVEMENT MORTGAGE, LLC, having originated $11,640,000 in loans. In third place, with 5.6%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $9,000,000 in loans. In fourth place, with 5.1%, is First-Citizens Bank & Trust Company, having originated $8,185,000 in loans. In fifth place, with 3.8%, is QUICKEN LOANS, LLC, having originated $6,085,000 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%) $331,777 (10.1%) 0.00 196
2018-02-01 $259,000 (12.7%) $328,382 (12.4%) 0.00 194
2018-03-01 $250,000 (5.5%) $331,818 (6.9%) 0.00 184
2018-04-01 $249,150 (-3.8%) $344,373 (7.4%) 0.00 176
2018-05-01 $249,000 (-5.6%) $350,455 (6.3%) 0.00 187
2018-06-01 $269,000 (-0.7%) $378,315 (11.0%) 0.00 196
2018-07-01 $272,750 (-2.2%) $384,531 (12.2%) 0.00 212
2018-08-01 $289,500 (3.8%) $395,421 (16.1%) 0.00 198
2018-09-01 $294,500 (5.6%) $389,059 (10.3%) 0.00 210
2018-10-01 $286,375 (2.6%) $389,102 (11.0%) 0.00 215
2018-11-01 $269,950 (-1.8%) $367,480 (5.0%) 0.00 206
2018-12-01 $256,950 (-6.6%) $351,536 (1.3%) 0.00 203
2019-01-01 $250,000 (-3.5%) $338,981 (2.2%) 0.00 188
2019-02-01 $269,450 (4.0%) $349,321 (6.4%) 0.00 178
2019-03-01 $274,714 (9.9%) $355,611 (7.2%) 0.00 189
2019-04-01 $294,250 (18.1%) $375,317 (9.0%) 0.00 181
2019-05-01 $313,250 (25.8%) $405,039 (15.6%) 0.00 186
2019-06-01 $299,400 (11.3%) $408,119 (7.9%) 0.00 217
2019-07-01 $294,100 (7.8%) $400,796 (4.2%) 0.00 210
2019-08-01 $302,959 (4.7%) $398,698 (0.8%) 0.00 207
2019-09-01 $308,298 (4.7%) $394,049 (1.3%) 0.00 207
2019-10-01 $311,857 (8.9%) $391,977 (0.7%) 0.00 207
2019-11-01 $324,900 (20.4%) $392,232 (6.7%) 0.00 197
2019-12-01 $294,750 (14.7%) $379,798 (8.0%) 0.00 178
2020-01-01 $304,825 (21.9%) $386,655 (14.1%) 0.00 164
2020-02-01 $325,000 (20.6%) $405,247 (16.0%) 0.00 162
2020-03-01 $329,900 (20.1%) $408,056 (14.8%) 0.00 163
2020-04-01 $334,900 (13.8%) $413,255 (10.1%) 0.00 156
2020-05-01 $359,250 (14.7%) $433,694 (7.1%) 0.00 134
2020-06-01 $372,000 (24.3%) $450,788 (10.5%) 0.00 119
2020-07-01 $383,500 (30.4%) $467,271 (16.6%) 0.00 103
2020-08-01 $359,500 (18.7%) $450,273 (12.9%) 0.00 97
2020-09-01 $357,000 (15.8%) $448,431 (13.8%) 0.00 98
2020-10-01 $340,000 (9.0%) $431,100 (10.0%) 0.00 93
2020-11-01 $342,200 (5.3%) $404,340 (3.1%) 0.00 85
2020-12-01 $299,000 (1.4%) $384,417 (1.2%) 0.00 85
2021-01-01 $299,000 (-1.9%) $379,658 (-1.8%) 0.00 68
2021-02-01 $278,500 (-14.3%) $394,075 (-2.8%) 0.00 57
2021-03-01 $301,225 (-8.7%) $388,675 (-4.8%) 0.00 52
2021-04-01 $287,400 (-14.2%) $391,830 (-5.2%) 0.00 53
2021-05-01 $325,000 (-9.5%) $407,969 (-5.9%) 0.00 55
2021-06-01 $397,250 (6.8%) $447,250 (-0.8%) 0.00 64
2021-07-01 $415,000 (8.2%) $466,777 (-0.1%) 0.00 74
2021-08-01 $375,500 (4.5%) $431,255 (-4.2%) 0.00 84
2021-09-01 $384,250 (7.6%) $453,726 (1.2%) 0.00 80
2021-10-01 $389,000 (14.4%) $490,980 (13.9%) 0.00 83
2021-11-01 $414,000 (21.0%) $3,247,435 (703.2%) 0.00 80
2021-12-01 $389,000 (30.1%) $3,411,322 (787.4%) 0.00 71
2022-01-01 $400,000 (33.8%) $471,730 (24.3%) 0.00 56
2022-02-01 $341,925 (22.8%) $472,235 (19.8%) 0.00 42
2022-03-01 $334,725 (11.1%) $426,652 (9.8%) 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 (-9.6%) $482,028 (3.3%) 0.00 80
2022-08-01 $354,500 (-5.6%) $457,792 (6.2%) 0.00 86
2022-09-01 $385,500 (0.3%) $499,305 (10.1%) 0.00 77
2022-10-01 $397,000 (2.1%) $519,100 (5.7%) 0.00 79
2022-11-01 $440,000 (6.3%) $554,716 (-82.9%) 0.00 81
2022-12-01 $415,000 (6.7%) $537,088 (-84.3%) 0.00 82
2023-01-01 $394,475 (-1.4%) $540,474 (14.6%) 0.00 75
2023-02-01 $413,225 (20.9%) $575,609 (21.9%) 0.00 59
2023-03-01 $395,000 (18.0%) $610,847 (43.2%) 0.00 58
2023-04-01 $462,450 (26.7%) $663,896 (38.1%) 0.00 59
2023-05-01 $479,625 (32.3%) $680,944 (37.2%) 0.00 66
2023-06-01 $489,000 (28.7%) $730,118 (44.1%) 0.00 69
2023-07-01 $459,000 (22.4%) $639,190 (32.6%) 0.00 78
2023-08-01 $449,725 (26.9%) $620,430 (35.5%) 0.00 92
2023-09-01 $450,000 (16.7%) $650,381 (30.3%) 0.00 103
2023-10-01 $441,075 (11.1%) $591,360 (13.9%) 0.00 116
2023-11-01 $447,225 (1.6%) $587,131 (5.8%) 0.00 112
2023-12-01 $459,000 (10.6%) $597,841 (11.3%) 0.00 101
2024-01-01 $467,000 (18.4%) $579,409 (7.2%) 0.00 89
2024-02-01 $443,000 (7.2%) $567,223 (-1.5%) 0.00 84
2024-03-01 $459,900 (16.4%) $559,427 (-8.4%) 0.00 96
2024-04-01 $433,125 (-6.3%) $543,416 (-18.2%) 0.00 96
2024-05-01 $432,450 (-9.8%) $554,795 (-18.5%) 0.00 104
2024-06-01 $449,900 (-8.0%) $604,483 (-17.2%) 0.00 108
2024-07-01 $447,450 (-2.5%) $599,338 (-6.2%) 0.00 114
2024-08-01 $439,000 (-2.4%) $608,598 (-1.9%) 0.00 130
2024-09-01 $437,250 (-2.8%) $610,038 (-6.2%) 0.00 144
Marion's median listing price for 2024-09-01 was $437,250, a difference of $-12,750 (-2.8%) versus the prior year and $-1,750 versus the prior month.

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

Marion's average listing price for 2024-09-01 was $610,038, a difference of $-40,343 (-6.2%) versus the prior year and $1,440 versus the prior month.

For the 2024-09-01 period, Marion had 144 MLS listings, a difference of 14 listings (11%) versus the prior month and 41 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 1,998 sqft
2018-02-01 0 days 1,947 sqft
2018-03-01 0 days 1,989 sqft
2018-04-01 0 days 1,925 sqft
2018-05-01 0 days 1,906 sqft
2018-06-01 0 days 1,906 sqft
2018-07-01 0 days 1,932 sqft
2018-08-01 0 days 2,059 sqft
2018-09-01 0 days 2,049 sqft
2018-10-01 0 days 2,029 sqft
2018-11-01 0 days 1,936 sqft
2018-12-01 0 days 1,907 sqft
2019-01-01 0 days 1,901 sqft
2019-02-01 0 days 1,919 sqft
2019-03-01 0 days 1,947 sqft
2019-04-01 0 days 2,012 sqft
2019-05-01 0 days 2,003 sqft
2019-06-01 0 days 2,000 sqft
2019-07-01 0 days 1,999 sqft
2019-08-01 0 days 2,015 sqft
2019-09-01 0 days 2,021 sqft
2019-10-01 0 days 2,024 sqft
2019-11-01 0 days 2,000 sqft
2019-12-01 0 days 1,989 sqft
2020-01-01 0 days 1,984 sqft
2020-02-01 0 days 2,000 sqft
2020-03-01 0 days 2,052 sqft
2020-04-01 0 days 2,088 sqft
2020-05-01 0 days 2,203 sqft
2020-06-01 0 days 2,258 sqft
2020-07-01 0 days 2,362 sqft
2020-08-01 0 days 2,242 sqft
2020-09-01 0 days 2,217 sqft
2020-10-01 0 days 2,209 sqft
2020-11-01 0 days 2,108 sqft
2020-12-01 0 days 2,083 sqft
2021-01-01 0 days 2,100 sqft
2021-02-01 0 days 2,012 sqft
2021-03-01 0 days 1,906 sqft
2021-04-01 0 days 1,630 sqft
2021-05-01 0 days 1,674 sqft
2021-06-01 0 days 1,885 sqft
2021-07-01 0 days 1,823 sqft
2021-08-01 0 days 1,791 sqft
2021-09-01 0 days 1,843 sqft
2021-10-01 0 days 1,872 sqft
2021-11-01 0 days 1,977 sqft
2021-12-01 0 days 1,839 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 1,907 sqft
2022-12-01 0 days 1,738 sqft
2023-01-01 0 days 1,644 sqft
2023-02-01 0 days 1,812 sqft
2023-03-01 0 days 1,758 sqft
2023-04-01 0 days 2,252 sqft
2023-05-01 0 days 2,252 sqft
2023-06-01 0 days 2,077 sqft
2023-07-01 0 days 1,967 sqft
2023-08-01 0 days 1,904 sqft
2023-09-01 0 days 1,978 sqft
2023-10-01 0 days 1,799 sqft
2023-11-01 0 days 1,833 sqft
2023-12-01 0 days 1,798 sqft
2024-01-01 0 days 1,797 sqft
2024-02-01 0 days 1,749 sqft
2024-03-01 0 days 1,917 sqft
2024-04-01 0 days 1,844 sqft
2024-05-01 0 days 1,908 sqft
2024-06-01 0 days 1,912 sqft
2024-07-01 0 days 1,816 sqft
2024-08-01 0 days 1,833 sqft
2024-09-01 0 days 1,799 sqft
Marion's median listing age (time on market) for 2024-09-01 was 0 days.

Marion's median square footage for active listings during the 2024-09-01 period was 1,799 sqft. One year prior, the average listing was 1,978 sqft.

Marion, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 415 $111,745,000 $269,265
Home Improvement 98 $8,710,000 $88,878
Other 89 $12,715,000 $142,865
Refi 79 $14,335,000 $181,456
Cash Out Refi 58 $12,170,000 $209,828

Marion's most frequently cited loan purpose was Home Purchase, with 415 originations. The 2nd most popular reason was Home Improvement, with 98 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 237 $58,435,000 $246,561
7-8% 183 $42,335,000 $231,339
5-6% 131 $34,755,000 $265,305
4-5% 86 $9,570,000 $111,279
Over 8% 77 $13,115,000 $170,325
<2.5% 20 $620,000 $31,000

During 2023, Marion's most frequently originated rate bucket was 6-7%, with 237 originations.

Loan Sizing (Marion, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 251 $69,955,000 $278,705
$100k-200k 210 $30,900,000 $147,143
$100,000 or less 200 $11,150,000 $55,750
$400k-600k 48 $23,010,000 $479,375
$600k-1000k 24 $17,590,000 $732,917
$Over $1MM 6 $7,070,000 $1,178,333

Marion's loan sizing saw the bucket of loans from $200k-400k with 251 originations, totaling $69,955,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 290 $79,100,000 $272,759
60-80% 129 $42,555,000 $329,884
Under 20% 115 $6,365,000 $55,348
20-40% 106 $12,790,000 $120,660
40-60% 82 $15,620,000 $190,488
Over 100% 12 $2,400,000 $200,000

Marion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 290 originations, totaling $79,100,000 in origination value.