Mount Airy 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 Mount Airy averaged 6.69% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.4% and one month ago for the week of 2024-10-10, the average rate was 6.23%.

    Mount Airy's average rate one year ago was 7.21%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.98%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Mount Airy 30 Year Fixed Rate 2024-11-14 6.69%
    Mount Airy 30 Year Fixed Rate Refi 2024-11-14 6.98%
    Mount Airy 15 Year Fixed Rate 2024-11-14 5.99%
    Mount Airy 15 Year Fixed Rate Refi 2024-11-14 6.49%
    Mount Airy 30 Year FHA 2024-11-14 0.18%
    Mount Airy 30 Year FHA Refi 2024-11-14 -0.1%
    Mount Airy 30 Year USDA 2024-11-14 0%
    Mount Airy 30 Year USDA Refi 2024-11-14 0.1%
    Mount Airy 30 Year VA 2024-11-14 0.2%
    Mount Airy 30 Year VA Refi 2024-11-14 0%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mount Airy, NC.

    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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    STATE EMPLOYEES' 99 5.94% $3,512
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 38 6.93% $6,046
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 21 6.36% $3,361
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 6.73% $5,681
    QUICKEN LOANS, LLC 17 6.76% $6,828
    Truist 14 6.66% $3,741
    EMM LOANS LLC 12 7.28% $7,290
    First Reliance Bank 11 6.22% $4,848
    Wells Fargo Bank 8 6.78% $4,133
    ALLEGACY FEDERAL CREDIT UNION 8 6.00% $3,939
    MOVEMENT MORTGAGE, LLC 7 6.63% $5,270
    AgFirst Farm Credit Bank 6 6.65% $7,945
    CARDINAL FINANCIAL 6 6.62% $5,835
    UNITED WHOLESALE MORTGAGE, LLC 5 6.67% $7,556
    Renasant Bank 4 7.28% $3,923
    INTERCOASTAL MORTGAGE COMPANY 4 6.72% $3,488
    VANDERBILT MORTGAGE AND FINANCE, INC. 4 7.50% $5,864
    GUARANTEED RATE, INC. 3 7.04% $8,398
    HOMESIDE FINANCIAL, LLC 3 7.00% $5,186
    PROVIDENT FUNDING ASSOCIATES, L.P. 3 6.67% $8,258
    First National Bank of Pennsylvania 3 6.67% $3,253
    First-Citizens Bank & Trust Company 3 7.27% $5,058
    First Horizon Bank 3 7.17% $5,113
    UNION HOME MORTGAGE CORP. 2 7.44% $3,949
    PENNYMAC LOAN SERVICES, LLC 2 7.00% $5,571
    Mr. Cooper ( Nationstar Mortgage ) 2 6.00% $5,925
    Prosperity Home Mortgage, LLC 2 7.00% $9,772
    RELIANCE FIRST CAPITAL, LLC 2 7.06% $7,211
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 7.63% $4,169
    Pinnacle Bank 2 6.44% $3,145
    CALCON MUTUAL MORTGAGE LLC 2 7.25% $4,613
    The Federal Savings Bank 2 7.63% $3,178
    Piedmont Federal Savings Bank 2 6.50% $6,190
    TOP FLITE FINANCIAL, INC. 2 7.31% $6,750
    Mortgage Research Center, LLC 2 5.93% $2,616
    CMG MORTGAGE, INC. 2 7.43% $3,599
    ROYAL UNITED MORTGAGE LLC 1 7.63% $3,679
    Suncoast Credit Union 1 5.38% $2,725
    TD Bank 1 6.25% $1,858
    The Fidelity Bank 1 5.75% $3,919
    TOWNE MORTGAGE COMPANY 1 7.50% $7,965
    Truliant Federal Credit Union 1 5.75% $3,184
    U.S. Bank 1 7.63% $3,885
    Wolfe Financial, Inc 1 6.13% $4,859
    Wyndham Capital Mortgage, Inc. 1 7.50% $3,427
    Ally Bank 1 7.00% $4,667
    AMERICAN FINANCING CORPORATION 1 6.63% $7,352
    American National Bank and Trust Company 1 7.25% $3,298
    Ameris Bank 1 5.88% $4,248
    Atlantic Coast Mortgage, LLC 1 7.50% $4,457
    BAY EQUITY LLC 1 6.63% $3,122
    BETTER MORTGAGE CORPORATION 1 5.38% $2,262
    Blue Ridge Bank 1 8.13% $4,572
    Capital City Home Loans, LLC 1 6.88% $7,675
    CHURCHILL MORTGAGE CORPORATION 1 7.38% $6,157
    Citadel Servicing Corporation 1 9.88% $6,730
    EQUITY RESOURCES, INC. 1 6.88% $6,621
    Fifth Third Bank 1 6.49% $3,340
    FIRST BANCORP 1 7.99% $14,955
    First Bank 1 7.38% $2,602
    First Community Bank 1 6.88% $2,474
    First Federal Bank 1 7.88% $5,207
    Flagstar Bank, FSB 1 8.00% $8,084
    FREEDOM MORTGAGE CORPORATION 1 6.38% $8,512
    JPMorgan Chase Bank 1 6.50% $2,412
    LATINO COMMUNITY CREDIT UNION 1 7.75% $3,222
    LEADERONE FINANCIAL CORPORATION 1 7.88% $3,951
    LOANDEPOT.COM, LLC 1 7.99% $3,485
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.38% $4,472
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $9,486
    NAVY FEDERAL CREDIT UNION 1 7.25% $9,945
    NBKC BANK 1 7.75% $2,197
    NEWREZ LLC 1 7.13% $7,987
    NexBank 1 5.88% $7,829
    OCEANSIDE MORTGAGE COMPANY 1 6.88% $2,502
    PHH Mortgage Corporation 1 5.63% $4,919
    PNC Bank 1 6.25% $4,840
    POLARIS HOME FUNDING CORP. 1 8.00% $8,084
    RAPID MORTGAGE COMPANY 1 6.50% $6,814
    ROSS MORTGAGE CORPORATION 1 5.88% $2,644

    Mount Airy Average Closing Costs & Other Stats

    Mount Airy, NC's 80 lenders originated 1,243 loans during 2023. The total origination value was $197,005,000, with an average loan value of $158,492.

    Mount Airy's average closing costs are $4,566.

    The top Mount Airy lender as defined by loan originations is STATE EMPLOYEES', with 99 loans originated. Their average total fees are $3,512, which is $2,534 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 ($3,361), STATE EMPLOYEES' ($3,512), Truist ($3,741), First Reliance Bank ($4,848) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,681).

    The lowest rate Mount Airy lenders (with over 10 loans originated) are STATE EMPLOYEES' (5.94%), First Reliance Bank (6.22%), LOCAL GOVERNMENT FEDERAL CREDIT UNION (6.36%), Truist (6.66%) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.73%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    STATE EMPLOYEES' $42,795,000 $36,400,000 -14.9% 18.5%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $13,720,000 $14,310,000 4.3% 7.3%
    EMM LOANS LLC $11,275,000 $9,175,000 -18.6% 4.7%
    QUICKEN LOANS, LLC $15,365,000 $8,190,000 -46.7% 4.2%
    Truist $12,370,000 $7,775,000 -37.1% 3.9%
    First National Bank of Pennsylvania $8,205,000 $6,590,000 -19.7% 3.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,295,000 $6,130,000 -34.1% 3.1%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $9,065,000 $5,955,000 -34.3% 3.0%
    Mortgage Research Center, LLC $6,825,000 $5,710,000 -16.3% 2.9%
    ALLEGACY FEDERAL CREDIT UNION $9,145,000 $5,575,000 -39.0% 2.8%
    AgFirst Farm Credit Bank $3,400,000 $4,830,000 42.1% 2.5%
    First Horizon Bank $1,665,000 $4,005,000 140.5% 2.0%
    First-Citizens Bank & Trust Company $4,695,000 $3,405,000 -27.5% 1.7%
    Renasant Bank $3,215,000 $3,310,000 3.0% 1.7%
    INTERCOASTAL MORTGAGE COMPANY $3,665,000 $3,285,000 -10.4% 1.7%
    VANDERBILT MORTGAGE AND FINANCE, INC. $5,070,000 $3,035,000 -40.1% 1.5%
    MOVEMENT MORTGAGE, LLC $4,445,000 $2,945,000 -33.7% 1.5%
    CARDINAL FINANCIAL $2,115,000 $2,875,000 35.9% 1.5%
    First Reliance Bank $3,070,000 $2,540,000 -17.3% 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $1,470,000 $2,365,000 60.9% 1.2%
    Wells Fargo Bank $12,455,000 $2,215,000 -82.2% 1.1%
    TOWNE MORTGAGE COMPANY $3,795,000 $2,145,000 -43.5% 1.1%
    First Community Bank $3,670,000 $1,900,000 -48.2% 1.0%
    Chickasaw Community Bank $1,655,000 n/a 0.8%
    AMERISAVE MORTGAGE CORPORATION $2,470,000 $1,490,000 -39.7% 0.8%
    CROSSCOUNTRY MORTGAGE, LLC $1,220,000 $1,465,000 20.1% 0.7%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $195,000 $1,430,000 633.3% 0.7%
    MUTUAL OF OMAHA MORTGAGE, INC. $195,000 $1,420,000 628.2% 0.7%
    Truliant Federal Credit Union $2,345,000 $1,380,000 -41.2% 0.7%
    PNC Bank $4,380,000 $1,370,000 -68.7% 0.7%
    GUARANTEED RATE, INC. $800,000 $1,190,000 48.8% 0.6%
    ACADEMY MORTGAGE CORPORATION $1,100,000 n/a 0.6%
    FIRST BANCORP $2,115,000 $1,060,000 -49.9% 0.5%
    UNION HOME MORTGAGE CORP. $355,000 $1,040,000 193.0% 0.5%
    HOMESIDE FINANCIAL, LLC $540,000 $1,025,000 89.8% 0.5%
    First Bank $460,000 $1,015,000 120.7% 0.5%
    Prosperity Home Mortgage, LLC $1,100,000 $995,000 -9.5% 0.5%
    PROVIDENT FUNDING ASSOCIATES, L.P. $965,000 n/a 0.5%
    Piedmont Federal Savings Bank $2,345,000 $955,000 -59.3% 0.5%
    PENNYMAC LOAN SERVICES, LLC $1,210,000 $915,000 -24.4% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $2,905,000 $895,000 -69.2% 0.5%
    NAVY FEDERAL CREDIT UNION $1,265,000 $870,000 -31.2% 0.4%
    FIRST HOME MORTGAGE CORPORATION $115,000 $795,000 591.3% 0.4%
    AMERICAN FINANCIAL RESOURCES, INC. $190,000 $755,000 297.4% 0.4%
    Ameris Bank $675,000 $740,000 9.6% 0.4%
    Pinnacle Bank $640,000 $740,000 15.6% 0.4%
    Blue Ridge Bank $1,080,000 $730,000 -32.4% 0.4%
    Skyline National Bank $2,105,000 $705,000 -66.5% 0.4%
    CMG MORTGAGE, INC. $950,000 $700,000 -26.3% 0.4%
    NEWREZ LLC $510,000 $630,000 23.5% 0.3%
    FREEDOM MORTGAGE CORPORATION $2,080,000 $610,000 -70.7% 0.3%
    LOANDEPOT.COM, LLC $3,490,000 $590,000 -83.1% 0.3%
    TOP FLITE FINANCIAL, INC. $575,000 n/a 0.3%
    Atlantic Coast Mortgage, LLC $540,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $1,050,000 $500,000 -52.4% 0.3%
    AMERICAN FINANCING CORPORATION $310,000 $490,000 58.1% 0.2%
    NexBank $485,000 n/a 0.2%
    AgSouth Farm Credit, ACA $455,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $615,000 $440,000 -28.5% 0.2%
    The Bank of Marion $420,000 n/a 0.2%
    First Savings Bank $395,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $1,210,000 $390,000 -67.8% 0.2%
    Capital City Home Loans, LLC $385,000 n/a 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $355,000 $380,000 7.0% 0.2%
    Fifth Third Bank $25,000 $375,000 1,400.0% 0.2%
    Sunflower Bank $225,000 $375,000 66.7% 0.2%
    LENDINGHOME FUNDING CORPORATION $360,000 n/a 0.2%
    RELIANCE FIRST CAPITAL, LLC $85,000 $360,000 323.5% 0.2%
    Citizens Bank $205,000 $350,000 70.7% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $340,000 n/a 0.2%
    Carrington Mortgage Services, LLC $1,420,000 $335,000 -76.4% 0.2%
    LIBERTY HOME MORTGAGE CORPORATION $325,000 n/a 0.2%
    CALCON MUTUAL MORTGAGE LLC $635,000 $320,000 -49.6% 0.2%
    FINANCE OF AMERICA REVERSE LLC $115,000 $320,000 178.3% 0.2%
    OCEANSIDE MORTGAGE COMPANY $315,000 n/a 0.2%
    The Federal Savings Bank $125,000 $310,000 148.0% 0.2%
    FLAT BRANCH MORTGAGE, INC. $295,000 n/a 0.1%
    PLAZA HOME MORTGAGE, INC. $285,000 $285,000 0.0% 0.1%
    AMERICAN HERITAGE LENDING, INC. $155,000 $280,000 80.6% 0.1%
    First Federal Bank $205,000 $275,000 34.1% 0.1%
    JPMorgan Chase Bank $400,000 $275,000 -31.3% 0.1%
    NBKC BANK $155,000 $275,000 77.4% 0.1%
    GSF Mortgage Corporation $385,000 $265,000 -31.2% 0.1%
    MORTGAGE ACCESS CORP. $265,000 n/a 0.1%
    Bank of America $1,645,000 $260,000 -84.2% 0.1%
    Mid-Continent Funding, Inc. $255,000 n/a 0.1%
    TD Bank $165,000 $255,000 54.5% 0.1%
    Carter Bank & Trust $660,000 $245,000 -62.9% 0.1%
    LEADERONE FINANCIAL CORPORATION $235,000 n/a 0.1%
    Shamrock Home Loans, Inc. $235,000 n/a 0.1%
    NORWICH COMMERCIAL GROUP, INC. $225,000 n/a 0.1%
    LATINO COMMUNITY CREDIT UNION $190,000 $220,000 15.8% 0.1%
    LIMA ONE CAPITAL, LLC $125,000 $215,000 72.0% 0.1%
    BETTER MORTGAGE CORPORATION $145,000 $205,000 41.4% 0.1%
    Flagstar Bank, FSB $630,000 $205,000 -67.5% 0.1%
    POLARIS HOME FUNDING CORP. $135,000 $205,000 51.9% 0.1%
    Ally Bank $195,000 n/a 0.1%
    Bank of Oak Ridge $195,000 n/a 0.1%
    Wyndham Capital Mortgage, Inc. $710,000 $195,000 -72.5% 0.1%
    Discover Bank $155,000 $190,000 22.6% 0.1%
    Regions Bank $190,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $840,000 $185,000 -78.0% 0.1%
    Gateway First Bank $185,000 n/a 0.1%
    United Bank $185,000 n/a 0.1%
    Suncoast Credit Union $175,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $45,000 $175,000 288.9% 0.1%
    Summit Credit Union $15,000 $170,000 1,033.3% 0.1%
    ALLIED MORTGAGE GROUP, INC. $165,000 n/a 0.1%
    American National Bank and Trust Company $165,000 n/a 0.1%
    Nations Lending Corporation $845,000 $165,000 -80.5% 0.1%
    EQUITY RESOURCES, INC. $205,000 $155,000 -24.4% 0.1%
    RAPID MORTGAGE COMPANY $155,000 n/a 0.1%
    ROSS MORTGAGE CORPORATION $155,000 n/a 0.1%
    USAA Federal Savings Bank $185,000 $145,000 -21.6% 0.1%
    U.S. Bank $485,000 $145,000 -70.1% 0.1%
    LOANPAL, LLC $370,000 $135,000 -63.5% 0.1%
    Alcova Mortgage LLC $980,000 $125,000 -87.2% 0.1%
    BAY EQUITY LLC $125,000 n/a 0.1%
    Figure Lending LLC $85,000 $125,000 47.1% 0.1%
    Wolfe Financial, Inc $175,000 $125,000 -28.6% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $410,000 $120,000 -70.7% 0.1%
    Citadel Servicing Corporation $115,000 n/a 0.1%
    Integrity Home Mortgage Corp $115,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $720,000 $115,000 -84.0% 0.1%
    North State Bank $115,000 n/a 0.1%
    The Fidelity Bank $540,000 $115,000 -78.7% 0.1%
    ROYAL UNITED MORTGAGE LLC $785,000 $110,000 -86.0% 0.1%
    First American Bank $105,000 n/a 0.1%
    NATIONWIDE MORTGAGE BANKERS, INC. $105,000 n/a 0.1%
    South State Bank $420,000 $105,000 -75.0% 0.1%
    HomeTrust Bank $95,000 n/a 0.0%
    PIEDMONT ADVANTAGE CREDIT UNION $95,000 n/a 0.0%
    Third Federal Savings and Loan Association of Cleveland $80,000 n/a 0.0%
    Peoples Bank $75,000 n/a 0.0%
    PHH Mortgage Corporation $95,000 $65,000 -31.6% 0.0%
    Lakeview Community Capital, LLC $60,000 n/a 0.0%
    WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $55,000 n/a 0.0%
    TEACHERS $45,000 n/a 0.0%
    Deere Employees Credit Union $320,000 $35,000 -89.1% 0.0%
    COASTAL Federal Credit Union $195,000 $25,000 -87.2% 0.0%

    Mount Airy's top lender by overall market share is STATE EMPLOYEES', with 18.5% market share. In second place, with 7.3%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $14,310,000 in loans. In third place, with 4.7%, is EMM LOANS LLC, having originated $9,175,000 in loans. In fourth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $8,190,000 in loans. In fifth place, with 3.9%, is Truist, having originated $7,775,000 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 $161,175 (1.1%) $259,624 (10.4%) 0.00 243
    2018-02-01 $160,425 (4.6%) $269,994 (20.1%) 0.00 242
    2018-03-01 $185,250 (22.3%) $281,341 (24.2%) 0.00 242
    2018-04-01 $192,860 (20.6%) $289,389 (21.7%) 0.00 239
    2018-05-01 $218,675 (28.7%) $297,304 (20.3%) 0.00 239
    2018-06-01 $199,450 (15.7%) $285,622 (12.9%) 0.00 238
    2018-07-01 $184,350 (2.5%) $259,159 (0.8%) 0.00 248
    2018-08-01 $165,925 (-10.3%) $239,215 (-8.0%) 0.00 193
    2018-09-01 $189,450 (5.3%) $253,577 (-9.0%) 0.00 175
    2018-10-01 $179,475 (3.2%) $245,943 (-10.0%) 0.00 177
    2018-11-01 $189,000 (11.2%) $256,218 (-2.8%) 0.00 159
    2018-12-01 $189,450 (5.3%) $266,243 (-1.3%) 0.00 143
    2019-01-01 $195,925 (21.6%) $267,679 (3.1%) 0.00 143
    2019-02-01 $191,900 (19.6%) $269,452 (-0.2%) 0.00 141
    2019-03-01 $206,371 (11.4%) $271,788 (-3.4%) 0.00 143
    2019-04-01 $213,921 (10.9%) $278,225 (-3.9%) 0.00 147
    2019-05-01 $215,000 (-1.7%) $277,604 (-6.6%) 0.00 149
    2019-06-01 $204,900 (2.7%) $289,405 (1.3%) 0.00 143
    2019-07-01 $199,325 (8.1%) $273,728 (5.6%) 0.00 157
    2019-08-01 $198,359 (19.6%) $273,591 (14.4%) 0.00 154
    2019-09-01 $197,848 (4.4%) $276,538 (9.1%) 0.00 151
    2019-10-01 $201,232 (12.1%) $284,288 (15.6%) 0.00 147
    2019-11-01 $199,999 (5.8%) $301,954 (17.9%) 0.00 147
    2019-12-01 $219,450 (15.8%) $302,161 (13.5%) 0.00 136
    2020-01-01 $192,400 (-1.8%) $301,927 (12.8%) 0.00 130
    2020-02-01 $189,900 (-1.0%) $285,010 (5.8%) 0.00 133
    2020-03-01 $199,950 (-3.1%) $286,727 (5.5%) 0.00 123
    2020-04-01 $217,450 (1.7%) $299,492 (7.6%) 0.00 121
    2020-05-01 $229,900 (6.9%) $305,226 (10.0%) 0.00 112
    2020-06-01 $247,450 (20.8%) $344,253 (19.0%) 0.00 108
    2020-07-01 $242,925 (21.9%) $327,286 (19.6%) 0.00 114
    2020-08-01 $239,000 (20.5%) $337,159 (23.2%) 0.00 107
    2020-09-01 $238,675 (20.6%) $334,358 (20.9%) 0.00 101
    2020-10-01 $251,855 (25.2%) $348,292 (22.5%) 0.00 94
    2020-11-01 $241,300 (20.7%) $340,198 (12.7%) 0.00 92
    2020-12-01 $199,900 (-8.9%) $320,487 (6.1%) 0.00 78
    2021-01-01 $227,450 (18.2%) $346,839 (14.9%) 0.00 63
    2021-02-01 $263,475 (38.7%) $360,935 (26.6%) 0.00 58
    2021-03-01 $266,350 (33.2%) $380,219 (32.6%) 0.00 52
    2021-04-01 $257,400 (18.4%) $388,227 (29.6%) 0.00 53
    2021-05-01 $249,000 (8.3%) $360,177 (18.0%) 0.00 65
    2021-06-01 $257,400 (4.0%) $379,835 (10.3%) 0.00 71
    2021-07-01 $244,900 (0.8%) $380,932 (16.4%) 0.00 79
    2021-08-01 $251,750 (5.3%) $355,332 (5.4%) 0.00 90
    2021-09-01 $258,800 (8.4%) $356,882 (6.7%) 0.00 88
    2021-10-01 $259,900 (3.2%) $362,545 (4.1%) 0.00 83
    2021-11-01 $217,423 (-9.9%) $327,529 (-3.7%) 0.00 79
    2021-12-01 $212,000 (6.1%) $318,446 (-0.6%) 0.00 69
    2022-01-01 $236,000 (3.8%) $324,053 (-6.6%) 0.00 56
    2022-02-01 $238,675 (-9.4%) $331,303 (-8.2%) 0.00 53
    2022-03-01 $229,450 (-13.9%) $349,483 (-8.1%) 0.00 43
    2022-04-01 $219,500 (-14.7%) $300,468 (-22.6%) 0.00 40
    2022-05-01 $218,450 (-12.3%) $298,067 (-17.2%) 0.00 43
    2022-06-01 $256,700 (-0.3%) $331,897 (-12.6%) 0.00 67
    2022-07-01 $293,000 (19.6%) $348,041 (-8.6%) 0.00 76
    2022-08-01 $295,000 (17.2%) $389,123 (9.5%) 0.00 88
    2022-09-01 $272,450 (5.3%) $356,759 (0.0%) 0.00 100
    2022-10-01 $269,000 (3.5%) $368,523 (1.7%) 0.00 102
    2022-11-01 $285,975 (31.5%) $368,067 (12.4%) 0.00 101
    2022-12-01 $275,500 (30.0%) $348,445 (9.4%) 0.00 93
    2023-01-01 $277,750 (17.7%) $349,752 (7.9%) 0.00 84
    2023-02-01 $274,900 (15.2%) $340,632 (2.8%) 0.00 76
    2023-03-01 $283,200 (23.4%) $349,657 (0.1%) 0.00 67
    2023-04-01 $289,900 (32.1%) $357,186 (18.9%) 0.00 59
    2023-05-01 $282,400 (29.3%) $358,597 (20.3%) 0.00 56
    2023-06-01 $287,400 (12.0%) $363,768 (9.6%) 0.00 57
    2023-07-01 $257,000 (-12.3%) $338,811 (-2.7%) 0.00 72
    2023-08-01 $296,725 (0.6%) $362,308 (-6.9%) 0.00 75
    2023-09-01 $310,000 (13.8%) $381,502 (6.9%) 0.00 69
    2023-10-01 $299,500 (11.3%) $387,562 (5.2%) 0.00 83
    2023-11-01 $299,450 (4.7%) $382,577 (3.9%) 0.00 101
    2023-12-01 $292,450 (6.2%) $377,663 (8.4%) 0.00 97
    2024-01-01 $318,675 (14.7%) $402,941 (15.2%) 0.00 87
    2024-02-01 $299,900 (9.1%) $391,927 (15.1%) 0.00 93
    2024-03-01 $299,950 (5.9%) $387,697 (10.9%) 0.00 92
    2024-04-01 $322,400 (11.2%) $420,089 (17.6%) 0.00 90
    2024-05-01 $328,450 (16.3%) $433,452 (20.9%) 0.00 96
    2024-06-01 $300,000 (4.4%) $407,830 (12.1%) 0.00 105
    2024-07-01 $301,250 (17.2%) $408,393 (20.5%) 0.00 104
    2024-08-01 $299,900 (1.1%) $404,907 (11.8%) 0.00 115
    2024-09-01 $292,000 (-5.8%) $370,664 (-2.8%) 0.00 128
    2024-10-01 $278,000 (-7.2%) $357,191 (-7.8%) 0.00 127
    Mount Airy's median listing price for 2024-10-01 was $278,000, a difference of $-21,500 (-7.2%) versus the prior year and $-14,000 versus the prior month.

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

    Mount Airy's average listing price for 2024-10-01 was $357,191, a difference of $-30,371 (-7.8%) versus the prior year and $-13,473 versus the prior month.

    For the 2024-10-01 period, Mount Airy had 127 MLS listings, a difference of -1 listings (-1%) versus the prior month and 44 listings (53%) 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 1,983 sqft
    2018-02-01 0 days 1,826 sqft
    2018-03-01 0 days 1,900 sqft
    2018-04-01 0 days 2,007 sqft
    2018-05-01 0 days 2,068 sqft
    2018-06-01 0 days 2,055 sqft
    2018-07-01 0 days 2,012 sqft
    2018-08-01 0 days 1,942 sqft
    2018-09-01 0 days 1,971 sqft
    2018-10-01 0 days 1,977 sqft
    2018-11-01 0 days 1,993 sqft
    2018-12-01 0 days 1,987 sqft
    2019-01-01 0 days 1,987 sqft
    2019-02-01 0 days 2,053 sqft
    2019-03-01 0 days 2,075 sqft
    2019-04-01 0 days 2,032 sqft
    2019-05-01 0 days 2,047 sqft
    2019-06-01 0 days 2,315 sqft
    2019-07-01 0 days 2,184 sqft
    2019-08-01 0 days 2,432 sqft
    2019-09-01 0 days 2,326 sqft
    2019-10-01 0 days 2,179 sqft
    2019-11-01 0 days 2,042 sqft
    2019-12-01 0 days 1,985 sqft
    2020-01-01 0 days 1,993 sqft
    2020-02-01 0 days 2,924 sqft
    2020-03-01 0 days 2,344 sqft
    2020-04-01 0 days 2,904 sqft
    2020-05-01 0 days 2,924 sqft
    2020-06-01 0 days 2,508 sqft
    2020-07-01 0 days 2,426 sqft
    2020-08-01 0 days 2,426 sqft
    2020-09-01 0 days 2,380 sqft
    2020-10-01 0 days 3,168 sqft
    2020-11-01 0 days 2,428 sqft
    2020-12-01 0 days 2,333 sqft
    2021-01-01 0 days 2,396 sqft
    2021-02-01 0 days 2,472 sqft
    2021-03-01 0 days 2,464 sqft
    2021-04-01 0 days 2,180 sqft
    2021-05-01 0 days 2,422 sqft
    2021-06-01 0 days 2,561 sqft
    2021-07-01 0 days 2,561 sqft
    2021-08-01 0 days 3,506 sqft
    2021-09-01 0 days 3,506 sqft
    2021-10-01 0 days 3,518 sqft
    2021-11-01 0 days 2,402 sqft
    2021-12-01 0 days 2,161 sqft
    2022-01-01 0 days 2,134 sqft
    2022-02-01 0 days 1,970 sqft
    2022-03-01 0 days 1,727 sqft
    2022-04-01 0 days 1,764 sqft
    2022-05-01 0 days 1,982 sqft
    2022-06-01 0 days 2,411 sqft
    2022-07-01 0 days 2,285 sqft
    2022-08-01 0 days 1,995 sqft
    2022-09-01 0 days 1,782 sqft
    2022-10-01 0 days 1,534 sqft
    2022-11-01 0 days 1,824 sqft
    2022-12-01 0 days 1,474 sqft
    2023-01-01 0 days 1,554 sqft
    2023-02-01 0 days 1,457 sqft
    2023-03-01 0 days 1,880 sqft
    2023-04-01 0 days 2,025 sqft
    2023-05-01 0 days 2,068 sqft
    2023-06-01 0 days 1,600 sqft
    2023-07-01 0 days 1,518 sqft
    2023-08-01 0 days 1,559 sqft
    2023-09-01 0 days 1,518 sqft
    2023-10-01 0 days 1,576 sqft
    2023-11-01 0 days 1,637 sqft
    2023-12-01 0 days 1,978 sqft
    2024-01-01 0 days 1,923 sqft
    2024-02-01 0 days 1,579 sqft
    2024-03-01 0 days 2,015 sqft
    2024-04-01 0 days 1,991 sqft
    2024-05-01 0 days 1,963 sqft
    2024-06-01 0 days 1,918 sqft
    2024-07-01 0 days 2,814 sqft
    2024-08-01 0 days 3,025 sqft
    2024-09-01 0 days 1,724 sqft
    2024-10-01 0 days 1,944 sqft
    Mount Airy's median listing age (time on market) for 2024-10-01 was 0 days.

    Mount Airy's median square footage for active listings during the 2024-10-01 period was 1,944 sqft. One year prior, the average listing was 1,576 sqft.

    Mount Airy, NC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 651 $133,415,000 $204,939
    Home Improvement 172 $13,780,000 $80,116
    Refi 170 $20,720,000 $121,882
    Other 153 $12,145,000 $79,379
    Cash Out Refi 97 $16,945,000 $174,691

    Mount Airy's most frequently cited loan purpose was Home Purchase, with 651 originations. The 2nd most popular reason was Home Improvement, with 172 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 364 $77,740,000 $213,571
    7-8% 325 $48,975,000 $150,692
    5-6% 206 $36,720,000 $178,252
    Over 8% 138 $15,430,000 $111,812
    4-5% 135 $12,495,000 $92,556
    <2.5% 57 $3,745,000 $65,702
    2.5-3% 3 $345,000 $115,000

    During 2023, Mount Airy's most frequently originated rate bucket was 6-7%, with 364 originations.

    Loan Sizing (Mount Airy, NC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 470 $68,500,000 $145,745
    $100,000 or less 422 $22,560,000 $53,460
    $200k-400k 300 $78,370,000 $261,233
    $400k-600k 38 $18,010,000 $473,947
    $600k-1000k 13 $9,565,000 $735,769

    Mount Airy's loan sizing saw the bucket of loans from $100k-200k with 470 originations, totaling $68,500,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 476 $106,330,000 $223,382
    20-40% 213 $17,715,000 $83,169
    60-80% 200 $39,260,000 $196,300
    Under 20% 186 $7,210,000 $38,763
    40-60% 133 $19,845,000 $149,211
    Over 100% 23 $4,845,000 $210,652

    Mount Airy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 476 originations, totaling $106,330,000 in origination value.