Mount Airy Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mount Airy averaged
6.85%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7% and
one month ago for the week of 2023-10-19, the
average rate was 7.09%.
Mount Airy's average rate one year ago was 5.87%.
For refis of the same type during the week of 2023-11-22, the average rate
was 6.25%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
| Mount Airy 30 Year Fixed Rate | 2023-11-22 | 6.85% |
| Mount Airy 30 Year Fixed Rate Refi | 2023-11-22 | 6.25% |
| Mount Airy 15 Year Fixed Rate | 2023-11-22 | 6.77% |
| Mount Airy 15 Year Fixed Rate Refi | 2023-11-22 | 5.36% |
| Mount Airy 30 Year FHA | 2023-11-22 | -0.63% |
| Mount Airy 30 Year FHA Refi | 2023-11-22 | 0% |
| Mount Airy 30 Year USDA | 2023-11-22 | 0.2% |
| Mount Airy 30 Year USDA Refi | 2023-11-22 | 0.2% |
| Mount Airy 30 Year VA | 2023-11-22 | -0.2% |
| Mount Airy 30 Year VA Refi | 2023-11-22 | 0% |
Mount Airy 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 Mount Airy, 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.).
Mount Airy Average Closing Costs & Other Stats
Mount Airy, NC's 104 lenders originated 1,642
loans during 2022. The total origination value was $277,340,000, with an average loan value of
$168,904.
Mount Airy's average closing costs are $4,323.
The top Mount Airy lender as defined by loan originations is STATE EMPLOYEES', with
141 loans originated. Their average total fees are
$3,484, which is $1,303
lower than the next largest lender,
ATLANTIC BAY MORTGAGE GROUP, L.L.C..
The lowest fee Mount Airy lenders (with over 10 loans originated) are
LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,328), STATE EMPLOYEES' ($3,484), Truist ($3,628), Wells Fargo Bank ($4,045) and First Reliance Bank ($4,399).
The lowest rate Mount Airy lenders (with over 10 loans originated) are
LOCAL GOVERNMENT FEDERAL CREDIT UNION (3.72%), STATE EMPLOYEES' (4.05%), First Reliance Bank (4.41%), Wells Fargo Bank (4.49%) and MOVEMENT MORTGAGE, LLC (4.76%).
Mount Airy, 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' | $46,230,000 | $42,795,000 | -7.4% | 15.4% |
| QUICKEN LOANS, LLC | $31,610,000 | $15,365,000 | -51.4% | 5.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $16,140,000 | $13,720,000 | -15.0% | 4.9% |
| Wells Fargo Bank | $8,730,000 | $12,455,000 | 42.7% | 4.5% |
| Truist | $20,380,000 | $12,370,000 | -39.3% | 4.5% |
| EMM LOANS LLC | $8,180,000 | $11,275,000 | 37.8% | 4.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $11,535,000 | $9,295,000 | -19.4% | 3.4% |
| ALLEGACY FEDERAL CREDIT UNION | $10,095,000 | $9,145,000 | -9.4% | 3.3% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $8,450,000 | $9,065,000 | 7.3% | 3.3% |
| First National Bank of Pennsylvania | $12,810,000 | $8,205,000 | -35.9% | 3.0% |
| Mortgage Research Center, LLC | $4,795,000 | $6,825,000 | 42.3% | 2.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,560,000 | $5,070,000 | 42.4% | 1.8% |
| First-Citizens Bank & Trust Company | $5,905,000 | $4,695,000 | -20.5% | 1.7% |
| MOVEMENT MORTGAGE, LLC | $5,765,000 | $4,445,000 | -22.9% | 1.6% |
| PNC Bank | $3,055,000 | $4,380,000 | 43.4% | 1.6% |
| TOWNE MORTGAGE COMPANY | $3,875,000 | $3,795,000 | -2.1% | 1.4% |
| First Community Bank | $3,495,000 | $3,670,000 | 5.0% | 1.3% |
| INTERCOASTAL MORTGAGE COMPANY | $4,780,000 | $3,665,000 | -23.3% | 1.3% |
| LOANDEPOT.COM, LLC | $3,940,000 | $3,490,000 | -11.4% | 1.3% |
| AgFirst Farm Credit Bank | $3,575,000 | $3,400,000 | -4.9% | 1.2% |
| First Carolina Bank | $2,465,000 | $3,265,000 | 32.5% | 1.2% |
| Renasant Bank | $6,135,000 | $3,215,000 | -47.6% | 1.2% |
| First Reliance Bank | $8,730,000 | $3,070,000 | -64.8% | 1.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,365,000 | $2,905,000 | -13.7% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $3,260,000 | $2,470,000 | -24.2% | 0.9% |
| Piedmont Federal Savings Bank | $1,350,000 | $2,345,000 | 73.7% | 0.8% |
| Truliant Federal Credit Union | $2,105,000 | $2,345,000 | 11.4% | 0.8% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,290,000 | $2,115,000 | -50.7% | 0.8% |
| FIRST BANCORP, INC. | $1,930,000 | $2,115,000 | 9.6% | 0.8% |
| Skyline National Bank | $495,000 | $2,105,000 | 325.3% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $5,555,000 | $2,080,000 | -62.6% | 0.7% |
| CALIBER HOME LOANS, INC. | $1,210,000 | $1,875,000 | 55.0% | 0.7% |
| Carolina Farm Credit, ACA | $2,405,000 | $1,830,000 | -23.9% | 0.7% |
| First Horizon Bank | $2,140,000 | $1,665,000 | -22.2% | 0.6% |
| Bank of America | $1,275,000 | $1,645,000 | 29.0% | 0.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,660,000 | $1,470,000 | -11.4% | 0.5% |
| First Guaranty Mortgage Corporation | $305,000 | $1,450,000 | 375.4% | 0.5% |
| Carrington Mortgage Services, LLC | $1,310,000 | $1,420,000 | 8.4% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $1,585,000 | $1,265,000 | -20.2% | 0.5% |
| Bank OZK | $1,255,000 | n/a | 0.5% | |
| CROSSCOUNTRY MORTGAGE, LLC | $755,000 | $1,220,000 | 61.6% | 0.4% |
| NEW DAY FINANCIAL, LLC | $760,000 | $1,210,000 | 59.2% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $3,410,000 | $1,210,000 | -64.5% | 0.4% |
| The Huntington National Bank | $1,145,000 | n/a | 0.4% | |
| Prosperity Home Mortgage, LLC | $965,000 | $1,100,000 | 14.0% | 0.4% |
| Blue Ridge Bank | $3,795,000 | $1,080,000 | -71.5% | 0.4% |
| BROKER SOLUTIONS, INC. | $1,275,000 | $1,050,000 | -17.6% | 0.4% |
| MID AMERICA MORTGAGE, INC. | $5,185,000 | $1,005,000 | -80.6% | 0.4% |
| Alcova Mortgage LLC | $455,000 | $980,000 | 115.4% | 0.4% |
| CMG MORTGAGE, INC. | $165,000 | $950,000 | 475.8% | 0.3% |
| Nations Lending Corporation | $865,000 | $845,000 | -2.3% | 0.3% |
| 21ST MORTGAGE CORPORATION | $840,000 | n/a | 0.3% | |
| GUARANTEED RATE, INC. | $1,020,000 | $800,000 | -21.6% | 0.3% |
| ROYAL UNITED MORTGAGE LLC | $495,000 | $785,000 | 58.6% | 0.3% |
| HOMESTAR FINANCIAL CORPORATION | $215,000 | $745,000 | 246.5% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $1,120,000 | $720,000 | -35.7% | 0.3% |
| Wyndham Capital Mortgage, Inc. | $1,070,000 | $710,000 | -33.6% | 0.3% |
| Ameris Bank | $675,000 | $675,000 | 0.0% | 0.2% |
| Carter Bank & Trust | $235,000 | $660,000 | 180.9% | 0.2% |
| Pinnacle Bank | $3,420,000 | $640,000 | -81.3% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $635,000 | n/a | 0.2% | |
| Flagstar Bank, FSB | $540,000 | $630,000 | 16.7% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $2,300,000 | $625,000 | -72.8% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $955,000 | $615,000 | -35.6% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $1,210,000 | $540,000 | -55.4% | 0.2% |
| Northpointe Bank | $810,000 | $540,000 | -33.3% | 0.2% |
| The Fidelity Bank | $540,000 | n/a | 0.2% | |
| United Community Bank | $185,000 | $530,000 | 186.5% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $580,000 | $515,000 | -11.2% | 0.2% |
| VILLAGE BANK MORTGAGE CORPORATION | $515,000 | n/a | 0.2% | |
| NEWREZ LLC | $2,455,000 | $510,000 | -79.2% | 0.2% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $505,000 | n/a | 0.2% | |
| U.S. Bank | $845,000 | $485,000 | -42.6% | 0.2% |
| SOUTHERN TRUST MORTGAGE, LLC | $145,000 | $480,000 | 231.0% | 0.2% |
| First Bank | $460,000 | n/a | 0.2% | |
| CLEARPATH LENDING | $575,000 | $445,000 | -22.6% | 0.2% |
| South State Bank | $445,000 | $420,000 | -5.6% | 0.2% |
| THE MORTGAGE FIRM, INC. | $420,000 | n/a | 0.2% | |
| NFM, INC. | $420,000 | $415,000 | -1.2% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $675,000 | $410,000 | -39.3% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $935,000 | $410,000 | -56.1% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $195,000 | $405,000 | 107.7% | 0.1% |
| JPMorgan Chase Bank | $955,000 | $400,000 | -58.1% | 0.1% |
| GSF Mortgage Corporation | $385,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $375,000 | n/a | 0.1% | |
| American Security Mortgage Corp. | $145,000 | $370,000 | 155.2% | 0.1% |
| LOANPAL, LLC | $660,000 | $370,000 | -43.9% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $115,000 | $355,000 | 208.7% | 0.1% |
| Goldwater Bank, N.A. | $355,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $620,000 | $355,000 | -42.7% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $12,065,000 | $340,000 | -97.2% | 0.1% |
| Deere Employees Credit Union | $145,000 | $320,000 | 120.7% | 0.1% |
| AMERICAN FINANCING CORPORATION | $380,000 | $310,000 | -18.4% | 0.1% |
| OCMBC, INC. | $305,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $220,000 | $300,000 | 36.4% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $295,000 | n/a | 0.1% | |
| CAPITAL CENTER, L.L.C. | $185,000 | $290,000 | 56.8% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $280,000 | $285,000 | 1.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $285,000 | n/a | 0.1% | |
| RBC Bank, (Georgia) | $280,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $275,000 | n/a | 0.1% | |
| Southern First Bank | $255,000 | $265,000 | 3.9% | 0.1% |
| M&T Bank | $765,000 | $250,000 | -67.3% | 0.1% |
| East Coast Capital Corp. | $245,000 | n/a | 0.1% | |
| Powell Valley National Bank | $245,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $225,000 | $245,000 | 8.9% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $190,000 | $240,000 | 26.3% | 0.1% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $225,000 | n/a | 0.1% | |
| Sunflower Bank | $225,000 | n/a | 0.1% | |
| Alpha Mortgage Corporation | $455,000 | $215,000 | -52.7% | 0.1% |
| ANGEL OAK HOME LOANS LLC | $215,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $115,000 | $215,000 | 87.0% | 0.1% |
| SPRING EQ, LLC | $700,000 | $210,000 | -70.0% | 0.1% |
| Capital Bank | $285,000 | $205,000 | -28.1% | 0.1% |
| Citizens Bank | $690,000 | $205,000 | -70.3% | 0.1% |
| EQUITY RESOURCES, INC. | $1,425,000 | $205,000 | -85.6% | 0.1% |
| First Federal Bank | $205,000 | n/a | 0.1% | |
| FOUNDERS FEDERAL CREDIT UNION | $205,000 | n/a | 0.1% | |
| CORNING | $200,000 | n/a | 0.1% | |
| CERTAINTY HOME LOANS, LLC | $105,000 | $195,000 | 85.7% | 0.1% |
| COASTAL Federal Credit Union | $170,000 | $195,000 | 14.7% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $480,000 | $195,000 | -59.4% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $195,000 | n/a | 0.1% | |
| Virginia National Bank | $195,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $165,000 | $190,000 | 15.2% | 0.1% |
| LATINO COMMUNITY CREDIT UNION | $270,000 | $190,000 | -29.6% | 0.1% |
| Allen Tate Mortgage Partners, LLC | $390,000 | $185,000 | -52.6% | 0.1% |
| Hometown Lenders, Inc. | $435,000 | $185,000 | -57.5% | 0.1% |
| RADIUS FINANCIAL GROUP INC. | $185,000 | n/a | 0.1% | |
| Republic Bank & Trust Company | $185,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $610,000 | $185,000 | -69.7% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $930,000 | $180,000 | -80.6% | 0.1% |
| MCLEAN MORTGAGE CORPORATION | $255,000 | $175,000 | -31.4% | 0.1% |
| Wolfe Financial, Inc | $285,000 | $175,000 | -38.6% | 0.1% |
| Bank of England | $165,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $165,000 | n/a | 0.1% | |
| TD Bank | $330,000 | $165,000 | -50.0% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $155,000 | n/a | 0.1% | |
| Discover Bank | $75,000 | $155,000 | 106.7% | 0.1% |
| NBKC BANK | $175,000 | $155,000 | -11.4% | 0.1% |
| BETTER MORTGAGE CORPORATION | $2,230,000 | $145,000 | -93.5% | 0.1% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $135,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $175,000 | $135,000 | -22.9% | 0.0% |
| Residential Mortgage Solutions, Inc. | $135,000 | n/a | 0.0% | |
| Arvest Bank | $125,000 | n/a | 0.0% | |
| JLB CORPORATION | $125,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $125,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $125,000 | $125,000 | 0.0% | 0.0% |
| The Federal Savings Bank | $410,000 | $125,000 | -69.5% | 0.0% |
| EVERETT FINANCIAL, INC. | $135,000 | $115,000 | -14.8% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $115,000 | n/a | 0.0% | |
| FIRST HOME MORTGAGE CORPORATION | $115,000 | n/a | 0.0% | |
| Telco Community Credit Union | $115,000 | n/a | 0.0% | |
| FINANCE OF AMERICA MORTGAGE LLC | $135,000 | $105,000 | -22.2% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $115,000 | $95,000 | -17.4% | 0.0% |
| PHH Mortgage Corporation | $175,000 | $95,000 | -45.7% | 0.0% |
| Figure Lending LLC | $85,000 | $85,000 | 0.0% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $145,000 | $85,000 | -41.4% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $75,000 | n/a | 0.0% | |
| GoPrime Mortgage, Inc. | $230,000 | $75,000 | -67.4% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $65,000 | n/a | 0.0% | |
| George Mason Mortgage, LLC | $65,000 | n/a | 0.0% | |
| CHARLOTTE METRO FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $490,000 | $45,000 | -90.8% | 0.0% |
| Fifth Third Bank | $125,000 | $25,000 | -80.0% | 0.0% |
| Summit Credit Union | $15,000 | n/a | 0.0% |
Mount Airy's top lender by overall market share is STATE EMPLOYEES', with 15.4% market share. In second place, with 5.5%, is QUICKEN LOANS, LLC, having originated $15,365,000 in loans. In third place, with 4.9%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $13,720,000 in loans. In fourth place, with 4.5%, is Wells Fargo Bank, having originated $12,455,000 in loans. In fifth place, with 4.5%, is Truist, having originated $12,370,000 in loans.
Mount Airy Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Mount Airy (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 | $179,900 (12.5%) | $265,818 (11.0%) | 0.00 | 257 |
| 2018-02-01 | $167,739 (7.3%) | $272,962 (19.3%) | 0.00 | 252 |
| 2018-03-01 | $189,450 (20.5%) | $283,813 (22.9%) | 0.00 | 252 |
| 2018-04-01 | $199,000 (20.4%) | $291,673 (20.2%) | 0.00 | 248 |
| 2018-05-01 | $221,150 (28.2%) | $299,135 (19.0%) | 0.00 | 246 |
| 2018-06-01 | $199,900 (12.4%) | $286,672 (11.4%) | 0.00 | 242 |
| 2018-07-01 | $186,500 (0.8%) | $264,611 (1.4%) | 0.00 | 252 |
| 2018-08-01 | $169,675 (-9.6%) | $247,537 (-6.1%) | 0.00 | 199 |
| 2018-09-01 | $189,900 (2.7%) | $262,957 (-6.7%) | 0.00 | 182 |
| 2018-10-01 | $183,700 (1.1%) | $256,212 (-7.6%) | 0.00 | 185 |
| 2018-11-01 | $196,450 (9.8%) | $265,128 (-1.2%) | 0.00 | 165 |
| 2018-12-01 | $199,900 (7.4%) | $276,844 (1.0%) | 0.00 | 148 |
| 2019-01-01 | $203,675 (13.2%) | $275,286 (3.6%) | 0.00 | 147 |
| 2019-02-01 | $199,000 (18.6%) | $276,983 (1.5%) | 0.00 | 145 |
| 2019-03-01 | $214,186 (13.1%) | $279,196 (-1.6%) | 0.00 | 147 |
| 2019-04-01 | $219,186 (10.1%) | $285,060 (-2.3%) | 0.00 | 151 |
| 2019-05-01 | $216,225 (-2.2%) | $279,224 (-6.7%) | 0.00 | 150 |
| 2019-06-01 | $204,900 (2.5%) | $291,055 (1.5%) | 0.00 | 144 |
| 2019-07-01 | $199,974 (7.2%) | $278,842 (5.4%) | 0.00 | 159 |
| 2019-08-01 | $199,936 (17.8%) | $278,941 (12.7%) | 0.00 | 156 |
| 2019-09-01 | $199,916 (5.3%) | $282,201 (7.3%) | 0.00 | 154 |
| 2019-10-01 | $209,452 (14.0%) | $289,425 (13.0%) | 0.00 | 150 |
| 2019-11-01 | $204,900 (4.3%) | $307,116 (15.8%) | 0.00 | 149 |
| 2019-12-01 | $223,675 (11.9%) | $306,646 (10.8%) | 0.00 | 138 |
| 2020-01-01 | $199,974 (-1.8%) | $306,625 (11.4%) | 0.00 | 132 |
| 2020-02-01 | $194,950 (-2.0%) | $290,152 (4.8%) | 0.00 | 135 |
| 2020-03-01 | $202,400 (-5.5%) | $292,087 (4.6%) | 0.00 | 125 |
| 2020-04-01 | $221,400 (1.0%) | $304,673 (6.9%) | 0.00 | 123 |
| 2020-05-01 | $233,900 (8.2%) | $310,971 (11.4%) | 0.00 | 114 |
| 2020-06-01 | $254,450 (24.2%) | $349,242 (20.0%) | 0.00 | 109 |
| 2020-07-01 | $244,725 (22.4%) | $331,964 (19.1%) | 0.00 | 115 |
| 2020-08-01 | $239,000 (19.5%) | $341,656 (22.5%) | 0.00 | 107 |
| 2020-09-01 | $241,442 (20.8%) | $344,562 (22.1%) | 0.00 | 101 |
| 2020-10-01 | $259,000 (23.7%) | $355,795 (22.9%) | 0.00 | 95 |
| 2020-11-01 | $242,925 (18.6%) | $345,828 (12.6%) | 0.00 | 93 |
| 2020-12-01 | $199,900 (-10.6%) | $327,403 (6.8%) | 0.00 | 79 |
| 2021-01-01 | $235,000 (17.5%) | $359,073 (17.1%) | 0.00 | 65 |
| 2021-02-01 | $272,625 (39.8%) | $382,572 (31.9%) | 0.00 | 60 |
| 2021-03-01 | $276,850 (36.8%) | $403,959 (38.3%) | 0.00 | 54 |
| 2021-04-01 | $268,175 (21.1%) | $410,351 (34.7%) | 0.00 | 55 |
| 2021-05-01 | $259,000 (10.7%) | $379,669 (22.1%) | 0.00 | 67 |
| 2021-06-01 | $269,450 (5.9%) | $394,418 (12.9%) | 0.00 | 74 |
| 2021-07-01 | $249,250 (1.9%) | $397,080 (19.6%) | 0.00 | 81 |
| 2021-08-01 | $265,749 (11.2%) | $372,701 (9.1%) | 0.00 | 93 |
| 2021-09-01 | $263,425 (9.1%) | $376,011 (9.1%) | 0.00 | 91 |
| 2021-10-01 | $264,900 (2.3%) | $382,057 (7.4%) | 0.00 | 87 |
| 2021-11-01 | $222,450 (-8.4%) | $343,744 (-0.6%) | 0.00 | 82 |
| 2021-12-01 | $222,450 (11.3%) | $332,313 (1.5%) | 0.00 | 71 |
| 2022-01-01 | $237,000 (0.9%) | $338,397 (-5.8%) | 0.00 | 57 |
| 2022-02-01 | $242,450 (-11.1%) | $350,148 (-8.5%) | 0.00 | 54 |
| 2022-03-01 | $229,500 (-17.1%) | $375,900 (-7.0%) | 0.00 | 45 |
| 2022-04-01 | $226,950 (-15.4%) | $329,449 (-19.7%) | 0.00 | 42 |
| 2022-05-01 | $229,675 (-11.3%) | $324,993 (-14.4%) | 0.00 | 44 |
| 2022-06-01 | $262,400 (-2.6%) | $353,168 (-10.5%) | 0.00 | 68 |
| 2022-07-01 | $294,000 (18.0%) | $365,850 (-7.9%) | 0.00 | 77 |
| 2022-08-01 | $296,225 (11.5%) | $393,008 (5.5%) | 0.00 | 89 |
| 2022-09-01 | $273,675 (3.9%) | $359,332 (-4.4%) | 0.00 | 101 |
| 2022-10-01 | $269,000 (1.6%) | $370,949 (-2.9%) | 0.00 | 103 |
| 2022-11-01 | $289,675 (30.2%) | $370,585 (7.8%) | 0.00 | 102 |
| 2022-12-01 | $275,500 (23.9%) | $350,028 (5.3%) | 0.00 | 95 |
| 2023-01-01 | $278,750 (17.6%) | $352,982 (4.3%) | 0.00 | 85 |
| 2023-02-01 | $274,950 (13.4%) | $344,188 (-1.7%) | 0.00 | 77 |
| 2023-03-01 | $286,700 (24.9%) | $353,539 (-6.0%) | 0.00 | 68 |
| 2023-04-01 | $289,900 (27.7%) | $361,691 (9.8%) | 0.00 | 60 |
| 2023-05-01 | $282,400 (23.0%) | $360,317 (10.9%) | 0.00 | 56 |
| 2023-06-01 | $289,675 (10.4%) | $365,655 (3.5%) | 0.00 | 57 |
| 2023-07-01 | $257,000 (-12.6%) | $338,811 (-7.4%) | 0.00 | 72 |
| 2023-08-01 | $296,725 (0.2%) | $362,308 (-7.8%) | 0.00 | 75 |
| 2023-09-01 | $310,000 (13.3%) | $381,502 (6.2%) | 0.00 | 69 |
| 2023-10-01 | $299,500 (11.3%) | $387,562 (4.5%) | 0.00 | 83 |
Mount Airy's median listing price comes in at 0% of the national average.
Mount Airy's average listing price for 2023-10-01 was $387,562, a difference of $16,613 (4.5%) versus the prior year and $6,060 versus the prior month.
For the 2023-10-01 period, Mount Airy had 83 MLS listings, a difference of 14 listings (20%) versus the prior month and -20 listings (-19%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mount Airy (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,773 sqft |
| 2018-02-01 | 0 days | 1,775 sqft |
| 2018-03-01 | 0 days | 1,892 sqft |
| 2018-04-01 | 0 days | 1,964 sqft |
| 2018-05-01 | 0 days | 2,060 sqft |
| 2018-06-01 | 0 days | 2,020 sqft |
| 2018-07-01 | 0 days | 1,950 sqft |
| 2018-08-01 | 0 days | 1,961 sqft |
| 2018-09-01 | 0 days | 2,005 sqft |
| 2018-10-01 | 0 days | 1,996 sqft |
| 2018-11-01 | 0 days | 2,005 sqft |
| 2018-12-01 | 0 days | 1,987 sqft |
| 2019-01-01 | 0 days | 1,990 sqft |
| 2019-02-01 | 0 days | 2,059 sqft |
| 2019-03-01 | 0 days | 2,034 sqft |
| 2019-04-01 | 0 days | 1,986 sqft |
| 2019-05-01 | 0 days | 2,283 sqft |
| 2019-06-01 | 0 days | 2,128 sqft |
| 2019-07-01 | 0 days | 2,191 sqft |
| 2019-08-01 | 0 days | 2,330 sqft |
| 2019-09-01 | 0 days | 2,216 sqft |
| 2019-10-01 | 0 days | 2,176 sqft |
| 2019-11-01 | 0 days | 2,128 sqft |
| 2019-12-01 | 0 days | 2,224 sqft |
| 2020-01-01 | 0 days | 2,330 sqft |
| 2020-02-01 | 0 days | 2,913 sqft |
| 2020-03-01 | 0 days | 3,147 sqft |
| 2020-04-01 | 0 days | 3,510 sqft |
| 2020-05-01 | 0 days | 2,514 sqft |
| 2020-06-01 | 0 days | 2,508 sqft |
| 2020-07-01 | 0 days | 2,426 sqft |
| 2020-08-01 | 0 days | 2,392 sqft |
| 2020-09-01 | 0 days | 2,419 sqft |
| 2020-10-01 | 0 days | 3,506 sqft |
| 2020-11-01 | 0 days | 3,007 sqft |
| 2020-12-01 | 0 days | 2,728 sqft |
| 2021-01-01 | 0 days | 2,840 sqft |
| 2021-02-01 | 0 days | 3,291 sqft |
| 2021-03-01 | 0 days | 2,690 sqft |
| 2021-04-01 | 0 days | 2,423 sqft |
| 2021-05-01 | 0 days | 2,622 sqft |
| 2021-06-01 | 0 days | 2,840 sqft |
| 2021-07-01 | 0 days | 2,840 sqft |
| 2021-08-01 | 0 days | 3,506 sqft |
| 2021-09-01 | 0 days | 3,340 sqft |
| 2021-10-01 | 0 days | 3,173 sqft |
| 2021-11-01 | 0 days | 2,549 sqft |
| 2021-12-01 | 0 days | 2,161 sqft |
| 2022-01-01 | 0 days | 2,943 sqft |
| 2022-02-01 | 0 days | 2,840 sqft |
| 2022-03-01 | 0 days | 2,943 sqft |
| 2022-04-01 | 0 days | 2,762 sqft |
| 2022-05-01 | 0 days | 2,840 sqft |
| 2022-06-01 | 0 days | 3,130 sqft |
| 2022-07-01 | 0 days | 3,419 sqft |
| 2022-08-01 | 0 days | 2,100 sqft |
| 2022-09-01 | 0 days | 1,769 sqft |
| 2022-10-01 | 0 days | 1,447 sqft |
| 2022-11-01 | 0 days | 2,037 sqft |
| 2022-12-01 | 0 days | 1,437 sqft |
| 2023-01-01 | 0 days | 1,330 sqft |
| 2023-02-01 | 0 days | 1,207 sqft |
| 2023-03-01 | 0 days | 1,647 sqft |
| 2023-04-01 | 0 days | 1,846 sqft |
| 2023-05-01 | 0 days | 1,702 sqft |
| 2023-06-01 | 0 days | 1,578 sqft |
| 2023-07-01 | 0 days | 1,518 sqft |
| 2023-08-01 | 0 days | 1,580 sqft |
| 2023-09-01 | 0 days | 1,518 sqft |
| 2023-10-01 | 0 days | 1,576 sqft |
Mount Airy's median square footage for active listings during the 2023-10-01 period was 1,576 sqft. One year prior, the average listing was 1,447 sqft.
Mount Airy, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 802 | $172,190,000 | $214,701 |
| Refi | 342 | $49,030,000 | $143,363 |
| Cash Out Refi | 194 | $34,280,000 | $176,701 |
| Other | 166 | $12,050,000 | $72,590 |
| Home Improvement | 138 | $9,790,000 | $70,942 |
Mount Airy's most frequently cited loan purpose was Home Purchase, with 802 originations. The 2nd most popular reason was Refi, with 342 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 508 | $77,240,000 | $152,047 |
| 4-5% | 322 | $64,470,000 | $200,217 |
| 5-6% | 316 | $60,410,000 | $191,171 |
| 2.5-3% | 217 | $27,295,000 | $125,783 |
| 6-7% | 120 | $24,290,000 | $202,417 |
| <2.5% | 73 | $7,345,000 | $100,616 |
| 7-8% | 43 | $8,345,000 | $194,070 |
| Over 8% | 26 | $2,100,000 | $80,769 |
During 2022, Mount Airy's most frequently originated rate bucket was 3-4%, with 508 originations.
Loan Sizing (Mount Airy, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 692 | $99,450,000 | $143,714 |
| $100,000 or less | 485 | $28,115,000 | $57,969 |
| $200k-400k | 403 | $107,725,000 | $267,308 |
| $400k-600k | 50 | $24,330,000 | $486,600 |
| $600k-1000k | 9 | $6,105,000 | $678,333 |
| $Over $1MM | 3 | $11,615,000 | $3,871,667 |
Mount Airy's loan sizing saw the bucket of loans from $100k-200k with 692 originations, totaling $99,450,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 684 | $144,390,000 | $211,096 |
| 60-80% | 352 | $73,110,000 | $207,699 |
| 20-40% | 213 | $17,075,000 | $80,164 |
| 40-60% | 188 | $25,560,000 | $135,957 |
| Under 20% | 165 | $6,535,000 | $39,606 |
| Over 100% | 25 | $4,605,000 | $184,200 |
Mount Airy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 684 originations, totaling $144,390,000 in origination value.