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 6.55% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 6.28% and one month ago for the week of 2024-10-03, the average rate was 5.78%.

    Marion's average rate one year ago was 7.72%.

    For refis of the same type during the week of 2024-11-07, the average rate was 6.89%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Marion 30 Year Fixed Rate 2024-11-07 6.55%
    Marion 30 Year Fixed Rate Refi 2024-11-07 6.89%
    Marion 15 Year Fixed Rate 2024-11-07 5.9%
    Marion 15 Year Fixed Rate Refi 2024-11-07 5.9%
    Marion 30 Year FHA 2024-11-07 6.63%
    Marion 30 Year FHA Refi 2024-11-07 6.43%
    Marion 30 Year USDA 2024-11-07 6.28%
    Marion 30 Year USDA Refi 2024-11-07 6.58%
    Marion 30 Year VA 2024-11-07 6.24%
    Marion 30 Year VA Refi 2024-11-07 6.44%
    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
    2024-10-01 $431,250 (-2.2%) $607,371 (2.7%) 0.00 138
    Marion's median listing price for 2024-10-01 was $431,250, a difference of $-9,825 (-2.2%) versus the prior year and $-6,000 versus the prior month.

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

    Marion's average listing price for 2024-10-01 was $607,371, a difference of $16,011 (2.7%) versus the prior year and $-2,667 versus the prior month.

    For the 2024-10-01 period, Marion had 138 MLS listings, a difference of -6 listings (-4%) versus the prior month and 22 listings (19%) 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
    2024-10-01 0 days 1,800 sqft
    Marion's median listing age (time on market) for 2024-10-01 was 0 days.

    Marion's median square footage for active listings during the 2024-10-01 period was 1,800 sqft. One year prior, the average listing was 1,799 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.