Newberry 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 Newberry averaged 6.93% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

    The average rate for the prior week (2023-11-22) was 7.1% and one month ago for the week of 2023-10-26, the average rate was 7.6%.

    Newberry's average rate one year ago was 6.39%.

    For refis of the same type during the week of 2023-11-30, the average rate was 7.72%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-30 7.22%
    Newberry 30 Year Fixed Rate 2023-11-30 6.93%
    Newberry 30 Year Fixed Rate Refi 2023-11-30 7.72%
    Newberry 15 Year Fixed Rate 2023-11-30 6.66%
    Newberry 15 Year Fixed Rate Refi 2023-11-30 7.16%
    Newberry 30 Year FHA 2023-11-30 6.43%
    Newberry 30 Year FHA Refi 2023-11-30 7.05%
    Newberry 30 Year USDA 2023-11-30 7.2%
    Newberry 30 Year USDA Refi 2023-11-30 6.9%
    Newberry 30 Year VA 2023-11-30 6.77%
    Newberry 30 Year VA Refi 2023-11-30 6.57%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Newberry, SC.

    Newberry 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 Newberry, SC market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    South State Bank 20 4.97% $7,000
    QUICKEN LOANS, LLC 20 5.30% $7,245
    GUILD MORTGAGE COMPANY 20 4.90% $4,977
    DHI MORTGAGE COMPANY, LTD. 13 4.52% $3,106
    TD Bank 11 4.11% $4,191
    Truist 10 5.00% $4,011
    First Community Bank 9 4.96% $4,491
    MOVEMENT MORTGAGE, LLC 8 5.05% $5,667
    Network Funding, L.P. 8 5.22% $4,520
    First-Citizens Bank & Trust Company 7 4.74% $3,761
    AgFirst Farm Credit Bank 6 4.17% $6,026
    Regions Bank 6 3.94% $5,762
    CALIBER HOME LOANS, INC. 4 4.41% $6,424
    CROSSCOUNTRY MORTGAGE, LLC 4 5.19% $7,709
    GENEVA FINANCIAL, LLC 4 5.44% $3,837
    Mortgage Network, Inc. 4 5.72% $4,551
    GUARANTEED RATE AFFINITY, LLC 4 6.12% $7,708
    Magnolia Bank 3 6.50% $8,470
    Assurance Financial Group, L.L.C. 3 4.88% $3,837
    Mr. Cooper ( Nationstar Mortgage ) 3 4.29% $7,396
    NEWREZ LLC 3 4.67% $4,834
    Palmetto Citizens Federal Credit Union 3 3.96% $5,254
    ALLSOUTH 3 3.58% $0
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.42% $6,439
    Renasant Bank 3 4.67% $7,439
    Bank of America 3 4.13% $3,508
    FREEDOM MORTGAGE CORPORATION 3 5.04% $4,919
    Wells Fargo Bank 3 4.13% $3,155
    CARDINAL FINANCIAL 3 5.88% $10,937
    Arthur State Bank 3 4.29% $5,130
    MIDLAND MORTGAGE CORPORATION 3 4.71% $3,526
    UNITED WHOLESALE MORTGAGE, LLC 2 5.74% $6,128
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.03% $3,047
    Ameris Bank 2 4.63% $12,962
    RESOURCE FINANCIAL SERVICES, INC. 2 5.19% $5,474
    PENNYMAC LOAN SERVICES, LLC 2 4.00% $6,821
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 5.75% $7,938
    NAVY FEDERAL CREDIT UNION 2 5.19% $3,615
    BROKER SOLUTIONS, INC. 2 6.38% $6,495
    Flagstar Bank, FSB 2 4.79% $3,551
    FOUNDERS FEDERAL CREDIT UNION 2 4.75% $1,932
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.88% $3,924
    AMERISAVE MORTGAGE CORPORATION 2 4.56% $7,961
    Wyndham Capital Mortgage, Inc. 1 4.88% $12,063
    ACOPIA, LLC 1 6.38% $8,596
    AmeriHome Mortgage Company, LLC 1 5.99% $11,249
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 4.88% $3,787
    Baxter Credit Union 1 3.88% $2,490
    Carrington Mortgage Services, LLC 1 5.13% $9,178
    CHERRY CREEK MORTGAGE, LLC 1 4.25% $325
    CMG MORTGAGE, INC. 1 4.63% $9,599
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.88% $9,349
    CRESCENT MORTGAGE COMPANY 1 5.99% $6,331
    DEEPHAVEN MORTGAGE LLC 1 9.25% $6,368
    Dollar Bank, Federal Savings Bank 1 5.50% $10,564
    First Heritage Mortgage, LLC 1 3.75% $8,117
    First Palmetto Bank 1 4.13% $2,967
    First Reliance Bank 1 3.88% $5,184
    GUARANTEED RATE, INC. 1 5.13% $19,304
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.00% $6,122
    Hometown Lenders, Inc. 1 5.87% $8,235
    INLAND BANK & TRUST 1 5.63% $4,990
    Lakeview Community Capital, LLC 1 4.99% $7,972
    Morgan Stanley Private Bank 1 4.30% $3,957
    Northpointe Bank 1 4.63% $12,071
    Plains Commerce Bank 1 3.13% $4,051
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.75% $3,606
    Security Federal Bank 1 5.25% $2,573
    STATE EMPLOYEES' 1 4.15% $5,101
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.99% $9,217
    Synovus Bank 1 3.75% $2,771
    TEACHERS 1 5.50% $4,340
    The Huntington National Bank 1 3.13% $4,645
    THRIVE MORTGAGE, LLC 1 5.00% $2,687
    TOTAL MORTGAGE SERVICES, LLC 1 5.50% $4,623
    TOWNE MORTGAGE COMPANY 1 5.38% $8,960
    United Community Bank 1 4.50% $6,329
    21ST MORTGAGE CORPORATION 1 6.05% $4,852

    Newberry Average Closing Costs & Other Stats

    Newberry, SC's 78 lenders originated 738 loans during 2022. The total origination value was $162,020,000, with an average loan value of $219,539.

    Newberry's average closing costs are $5,069.

    The top Newberry lender as defined by loan originations is South State Bank, with 20 loans originated. Their average total fees are $7,000, which is $244 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Newberry lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($3,106), Truist ($4,011), TD Bank ($4,191), GUILD MORTGAGE COMPANY ($4,977) and South State Bank ($7,000).

    The lowest rate Newberry lenders (with over 10 loans originated) are TD Bank (4.11%), DHI MORTGAGE COMPANY, LTD. (4.52%), GUILD MORTGAGE COMPANY (4.90%), South State Bank (4.97%) and Truist (5.00%).

    Newberry, SC 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
    QUICKEN LOANS, LLC $18,120,000 $9,460,000 -47.8% 5.8%
    South State Bank $8,570,000 $8,990,000 4.9% 5.5%
    Truist $8,735,000 $7,985,000 -8.6% 4.9%
    AgFirst Farm Credit Bank $5,630,000 $7,895,000 40.2% 4.9%
    GUILD MORTGAGE COMPANY $9,345,000 $6,385,000 -31.7% 3.9%
    DHI MORTGAGE COMPANY, LTD. $5,625,000 n/a 3.5%
    First Community Bank $8,470,000 $4,785,000 -43.5% 3.0%
    TD Bank $7,045,000 $4,785,000 -32.1% 3.0%
    First-Citizens Bank & Trust Company $7,755,000 $4,580,000 -40.9% 2.8%
    Ameris Bank $3,295,000 $4,520,000 37.2% 2.8%
    Security Federal Bank $2,800,000 $4,015,000 43.4% 2.5%
    MOVEMENT MORTGAGE, LLC $3,750,000 $3,395,000 -9.5% 2.1%
    FREEDOM MORTGAGE CORPORATION $7,180,000 $3,090,000 -57.0% 1.9%
    Network Funding, L.P. $4,625,000 $2,910,000 -37.1% 1.8%
    Regions Bank $3,860,000 $2,825,000 -26.8% 1.7%
    CROSSCOUNTRY MORTGAGE, LLC $2,300,000 n/a 1.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,610,000 $2,215,000 37.6% 1.4%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,485,000 $2,185,000 47.1% 1.3%
    ALLSOUTH $3,845,000 $2,175,000 -43.4% 1.3%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $925,000 $1,900,000 105.4% 1.2%
    PENNYMAC LOAN SERVICES, LLC $705,000 $1,885,000 167.4% 1.2%
    Palmetto Citizens Federal Credit Union $2,465,000 $1,880,000 -23.7% 1.2%
    SUCCESS MORTGAGE PARTNERS, INC. $2,485,000 $1,860,000 -25.2% 1.1%
    United Community Bank $2,115,000 $1,675,000 -20.8% 1.0%
    UNITED WHOLESALE MORTGAGE, LLC $1,460,000 $1,670,000 14.4% 1.0%
    Renasant Bank $1,870,000 $1,655,000 -11.5% 1.0%
    NEW DAY FINANCIAL, LLC $915,000 $1,610,000 76.0% 1.0%
    21ST MORTGAGE CORPORATION $885,000 $1,595,000 80.2% 1.0%
    GENEVA FINANCIAL, LLC $615,000 $1,565,000 154.5% 1.0%
    CALIBER HOME LOANS, INC. $2,130,000 $1,540,000 -27.7% 1.0%
    GUARANTEED RATE AFFINITY, LLC $1,965,000 $1,480,000 -24.7% 0.9%
    Synovus Bank $1,015,000 $1,430,000 40.9% 0.9%
    BROKER SOLUTIONS, INC. $2,760,000 $1,365,000 -50.5% 0.8%
    Arthur State Bank $2,730,000 $1,315,000 -51.8% 0.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,440,000 $1,280,000 -11.1% 0.8%
    Wells Fargo Bank $6,790,000 $1,280,000 -81.1% 0.8%
    GUARANTEED RATE, INC. $280,000 $1,270,000 353.6% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $445,000 $1,235,000 177.5% 0.8%
    S. C. STATE FEDERAL CREDIT UNION $515,000 $1,235,000 139.8% 0.8%
    Mr. Cooper ( Nationstar Mortgage ) $685,000 $1,190,000 73.7% 0.7%
    ACOPIA, LLC $2,770,000 $1,050,000 -62.1% 0.6%
    Bank of America $2,405,000 $1,045,000 -56.5% 0.6%
    FOUNDERS FEDERAL CREDIT UNION $495,000 $1,020,000 106.1% 0.6%
    USAA Federal Savings Bank $355,000 $1,020,000 187.3% 0.6%
    Mortgage Research Center, LLC $1,385,000 $965,000 -30.3% 0.6%
    AMERISAVE MORTGAGE CORPORATION $1,280,000 $940,000 -26.6% 0.6%
    Magnolia Bank $1,710,000 $885,000 -48.2% 0.5%
    Assurance Financial Group, L.L.C. $1,005,000 $855,000 -14.9% 0.5%
    Plains Commerce Bank $815,000 n/a 0.5%
    MIDLAND MORTGAGE CORPORATION $835,000 $805,000 -3.6% 0.5%
    STATE EMPLOYEES' $185,000 $785,000 324.3% 0.5%
    NEWREZ LLC $1,270,000 $780,000 -38.6% 0.5%
    Queensborough National Bank & Trust Company $775,000 n/a 0.5%
    Mortgage Network, Inc. $345,000 $730,000 111.6% 0.5%
    LOANDEPOT.COM, LLC $4,090,000 $700,000 -82.9% 0.4%
    Southern First Bank $930,000 $630,000 -32.3% 0.4%
    NAVY FEDERAL CREDIT UNION $1,635,000 $620,000 -62.1% 0.4%
    Countybank $1,500,000 $615,000 -59.0% 0.4%
    First Heritage Mortgage, LLC $85,000 $615,000 623.5% 0.4%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $430,000 $590,000 37.2% 0.4%
    Carrington Mortgage Services, LLC $615,000 $585,000 -4.9% 0.4%
    First Reliance Bank $795,000 $585,000 -26.4% 0.4%
    HOMESIDE FINANCIAL, LLC $595,000 $570,000 -4.2% 0.4%
    Northpointe Bank $75,000 $565,000 653.3% 0.3%
    TRIAD FINANCIAL SERVICES, INC. $560,000 n/a 0.3%
    Flagstar Bank, FSB $2,105,000 $555,000 -73.6% 0.3%
    LIMA ONE CAPITAL, LLC $565,000 $555,000 -1.8% 0.3%
    Morgan Stanley Private Bank $555,000 n/a 0.3%
    HOMESTAR FINANCIAL CORPORATION $540,000 n/a 0.3%
    Wyndham Capital Mortgage, Inc. $185,000 $540,000 191.9% 0.3%
    1ST PREFERENCE MORTGAGE CORP. $410,000 $510,000 24.4% 0.3%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $495,000 n/a 0.3%
    ROYAL UNITED MORTGAGE LLC $125,000 $485,000 288.0% 0.3%
    CMG MORTGAGE, INC. $180,000 $475,000 163.9% 0.3%
    Hometown Lenders, Inc. $125,000 $455,000 264.0% 0.3%
    NATIONS DIRECT MORTGAGE, LLC $470,000 $420,000 -10.6% 0.3%
    RESOURCE FINANCIAL SERVICES, INC. $835,000 $420,000 -49.7% 0.3%
    INTERCOASTAL MORTGAGE COMPANY $415,000 n/a 0.3%
    AmeriHome Mortgage Company, LLC $405,000 n/a 0.2%
    THRIVE MORTGAGE, LLC $405,000 n/a 0.2%
    TOTAL MORTGAGE SERVICES, LLC $390,000 n/a 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $165,000 $370,000 124.2% 0.2%
    TOWNE MORTGAGE COMPANY $1,870,000 $370,000 -80.2% 0.2%
    INLAND BANK & TRUST $285,000 $355,000 24.6% 0.2%
    SAFE FEDERAL CREDIT UNION $375,000 $350,000 -6.7% 0.2%
    GSF Mortgage Corporation $495,000 $325,000 -34.3% 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $325,000 n/a 0.2%
    The Huntington National Bank $315,000 n/a 0.2%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $300,000 n/a 0.2%
    UNION HOME MORTGAGE CORP. $1,275,000 $300,000 -76.5% 0.2%
    United Bank $865,000 $300,000 -65.3% 0.2%
    Blue Ridge Bank $165,000 $295,000 78.8% 0.2%
    Dollar Bank, Federal Savings Bank $355,000 $285,000 -19.7% 0.2%
    First Palmetto Bank $3,025,000 $285,000 -90.6% 0.2%
    TEACHERS $305,000 $285,000 -6.6% 0.2%
    MICHIGAN MUTUAL, INC. $275,000 n/a 0.2%
    PNC Bank $430,000 $260,000 -39.5% 0.2%
    FLAT BRANCH MORTGAGE, INC. $355,000 $255,000 -28.2% 0.2%
    TOWER $125,000 $255,000 104.0% 0.2%
    The Federal Savings Bank $65,000 $245,000 276.9% 0.2%
    Truliant Federal Credit Union $245,000 n/a 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $195,000 $215,000 10.3% 0.1%
    Lakeview Community Capital, LLC $225,000 $215,000 -4.4% 0.1%
    S. C. TELCO $210,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $400,000 $210,000 -47.5% 0.1%
    Alcova Mortgage LLC $205,000 n/a 0.1%
    SPRING EQ, LLC $65,000 $185,000 184.6% 0.1%
    CPM Federal Credit Union $175,000 n/a 0.1%
    CRESCENT MORTGAGE COMPANY $175,000 n/a 0.1%
    Mid-Continent Funding, Inc. $175,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $260,000 $175,000 -32.7% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $1,445,000 $165,000 -88.6% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $165,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $155,000 n/a 0.1%
    Metro City Bank $155,000 n/a 0.1%
    ON Q FINANCIAL, INC. $155,000 n/a 0.1%
    Ally Bank $165,000 $145,000 -12.1% 0.1%
    BETTER MORTGAGE CORPORATION $920,000 $145,000 -84.2% 0.1%
    Baxter Credit Union $135,000 n/a 0.1%
    CHERRY CREEK MORTGAGE, LLC $345,000 $135,000 -60.9% 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $615,000 $135,000 -78.0% 0.1%
    Bank of England $630,000 $125,000 -80.2% 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $125,000 n/a 0.1%
    UTILITIES EMPLOYEES CREDIT UNION $105,000 $125,000 19.0% 0.1%
    Deere Employees Credit Union $525,000 $115,000 -78.1% 0.1%
    Nations Lending Corporation $395,000 $115,000 -70.9% 0.1%
    Century Mortgage Company DBA Century Lending Company $105,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $105,000 n/a 0.1%
    The Peoples Bank $105,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $360,000 $85,000 -76.4% 0.1%
    KELLER MORTGAGE, LLC $85,000 n/a 0.1%
    SOUTH CAROLINA FEDERAL CREDIT UNION $340,000 $75,000 -77.9% 0.0%
    CSL Financial, LLC $65,000 n/a 0.0%
    BMO Harris Bank $55,000 n/a 0.0%
    EASTMAN $55,000 n/a 0.0%
    Pinnacle Bank $655,000 $55,000 -91.6% 0.0%
    U.S. Bank $55,000 n/a 0.0%
    GrandSouth Bank $45,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $35,000 n/a 0.0%

    Newberry's top lender by overall market share is QUICKEN LOANS, LLC, with 5.8% market share. In second place, with 5.5%, is South State Bank, having originated $8,990,000 in loans. In third place, with 4.9%, is Truist, having originated $7,985,000 in loans. In fourth place, with 4.9%, is AgFirst Farm Credit Bank, having originated $7,895,000 in loans. In fifth place, with 3.9%, is GUILD MORTGAGE COMPANY, having originated $6,385,000 in loans.

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

    Realtor.com - Newberry (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 $159,450 (-0.2%) $213,676 (-12.2%) 0.00 139
    2018-02-01 $161,450 (8.0%) $214,346 (-3.3%) 0.00 129
    2018-03-01 $176,250 (21.6%) $235,991 (7.6%) 0.00 116
    2018-04-01 $234,000 (56.0%) $258,935 (10.8%) 0.00 107
    2018-05-01 $236,500 (32.9%) $260,339 (5.1%) 0.00 91
    2018-06-01 $199,900 (12.8%) $256,734 (0.7%) 0.00 102
    2018-07-01 $195,700 (8.8%) $238,935 (-1.8%) 0.00 115
    2018-08-01 $237,450 (37.9%) $261,611 (12.1%) 0.00 108
    2018-09-01 $229,900 (27.8%) $250,899 (5.1%) 0.00 103
    2018-10-01 $209,475 (19.7%) $251,663 (9.4%) 0.00 101
    2018-11-01 $223,475 (27.7%) $246,556 (11.9%) 0.00 93
    2018-12-01 $225,000 (30.5%) $245,314 (13.0%) 0.00 95
    2019-01-01 $219,000 (37.4%) $242,047 (13.3%) 0.00 88
    2019-02-01 $220,375 (36.5%) $246,760 (15.1%) 0.00 86
    2019-03-01 $236,000 (33.9%) $266,512 (12.9%) 0.00 87
    2019-04-01 $250,125 (6.9%) $290,021 (12.0%) 0.00 86
    2019-05-01 $217,200 (-8.2%) $278,520 (7.0%) 0.00 91
    2019-06-01 $195,400 (-2.3%) $259,142 (0.9%) 0.00 86
    2019-07-01 $193,100 (-1.3%) $251,170 (5.1%) 0.00 88
    2019-08-01 $194,405 (-18.1%) $247,283 (-5.5%) 0.00 95
    2019-09-01 $190,211 (-17.3%) $242,552 (-3.3%) 0.00 96
    2019-10-01 $187,416 (-10.5%) $239,398 (-4.9%) 0.00 93
    2019-11-01 $184,999 (-17.2%) $246,932 (0.2%) 0.00 93
    2019-12-01 $187,450 (-16.7%) $246,651 (0.6%) 0.00 95
    2020-01-01 $198,450 (-9.4%) $258,781 (6.9%) 0.00 82
    2020-02-01 $199,900 (-9.3%) $272,399 (10.4%) 0.00 86
    2020-03-01 $208,408 (-11.7%) $275,522 (3.4%) 0.00 84
    2020-04-01 $211,380 (-15.5%) $284,288 (-2.0%) 0.00 85
    2020-05-01 $229,950 (5.9%) $302,857 (8.7%) 0.00 81
    2020-06-01 $224,424 (14.9%) $299,861 (15.7%) 0.00 63
    2020-07-01 $223,427 (15.7%) $295,016 (17.5%) 0.00 59
    2020-08-01 $219,900 (13.1%) $276,975 (12.0%) 0.00 48
    2020-09-01 $198,625 (4.4%) $239,626 (-1.2%) 0.00 47
    2020-10-01 $192,500 (2.7%) $246,698 (3.1%) 0.00 41
    2020-11-01 $207,450 (12.1%) $253,676 (2.7%) 0.00 36
    2020-12-01 $235,000 (25.4%) $295,374 (19.8%) 0.00 44
    2021-01-01 $223,500 (12.6%) $269,204 (4.0%) 0.00 36
    2021-02-01 $233,750 (16.9%) $278,941 (2.4%) 0.00 42
    2021-03-01 $249,913 (19.9%) $305,775 (11.0%) 0.00 33
    2021-04-01 $249,000 (17.8%) $303,252 (6.7%) 0.00 22
    2021-05-01 $256,375 (11.5%) $303,944 (0.4%) 0.00 21
    2021-06-01 $187,500 (-16.5%) $327,635 (9.3%) 0.00 28
    2021-07-01 $275,000 (23.1%) $367,964 (24.7%) 0.00 29
    2021-08-01 $257,875 (17.3%) $374,764 (35.3%) 0.00 37
    2021-09-01 $304,500 (53.3%) $426,106 (77.8%) 0.00 42
    2021-10-01 $295,000 (53.3%) $372,732 (51.1%) 0.00 41
    2021-11-01 $299,450 (44.4%) $445,380 (75.6%) 0.00 36
    2021-12-01 $299,500 (27.5%) $433,580 (46.8%) 0.00 29
    2022-01-01 $259,900 (16.3%) $425,996 (58.2%) 0.00 25
    2022-02-01 $245,500 (5.0%) $423,765 (51.9%) 0.00 17
    2022-03-01 $300,165 (20.1%) $486,032 (59.0%) 0.00 21
    2022-04-01 $302,940 (21.7%) $464,355 (53.1%) 0.00 36
    2022-05-01 $308,740 (20.4%) $497,143 (63.6%) 0.00 47
    2022-06-01 $309,940 (65.3%) $432,342 (32.0%) 0.00 58
    2022-07-01 $306,490 (11.5%) $431,245 (17.2%) 0.00 68
    2022-08-01 $310,165 (20.3%) $421,836 (12.6%) 0.00 62
    2022-09-01 $310,000 (1.8%) $414,530 (-2.7%) 0.00 59
    2022-10-01 $304,390 (3.2%) $392,733 (5.4%) 0.00 68
    2022-11-01 $299,950 (0.2%) $369,466 (-17.0%) 0.00 74
    2022-12-01 $289,900 (-3.2%) $364,707 (-15.9%) 0.00 73
    2023-01-01 $289,095 (11.2%) $374,066 (-12.2%) 0.00 58
    2023-02-01 $284,113 (15.7%) $338,327 (-20.2%) 0.00 56
    2023-03-01 $276,500 (-7.9%) $359,934 (-25.9%) 0.00 56
    2023-04-01 $305,000 (0.7%) $437,500 (-5.8%) 0.00 64
    2023-05-01 $401,000 (29.9%) $475,335 (-4.4%) 0.00 48
    2023-06-01 $356,750 (15.1%) $458,502 (6.1%) 0.00 41
    2023-07-01 $375,000 (22.4%) $462,830 (7.3%) 0.00 39
    2023-08-01 $413,750 (33.4%) $503,140 (19.3%) 0.00 44
    2023-09-01 $349,750 (12.8%) $475,469 (14.7%) 0.00 54
    2023-10-01 $356,713 (17.2%) $496,723 (26.5%) 0.00 69
    2023-11-01 $356,549 (18.9%) $506,658 (37.1%) 0.00 67
    Newberry's median listing price for 2023-11-01 was $356,549, a difference of $56,599 (18.9%) versus the prior year and $-164 versus the prior month.

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

    Newberry's average listing price for 2023-11-01 was $506,658, a difference of $137,192 (37.1%) versus the prior year and $9,935 versus the prior month.

    For the 2023-11-01 period, Newberry had 67 MLS listings, a difference of -2 listings (-3%) versus the prior month and -7 listings (-9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Newberry (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,861 sqft
    2018-02-01 0 days 1,809 sqft
    2018-03-01 0 days 1,945 sqft
    2018-04-01 0 days 1,985 sqft
    2018-05-01 0 days 2,064 sqft
    2018-06-01 0 days 1,883 sqft
    2018-07-01 0 days 1,832 sqft
    2018-08-01 0 days 1,906 sqft
    2018-09-01 0 days 1,926 sqft
    2018-10-01 0 days 1,969 sqft
    2018-11-01 0 days 1,942 sqft
    2018-12-01 0 days 2,007 sqft
    2019-01-01 0 days 1,953 sqft
    2019-02-01 0 days 1,943 sqft
    2019-03-01 0 days 1,906 sqft
    2019-04-01 0 days 1,854 sqft
    2019-05-01 0 days 1,866 sqft
    2019-06-01 0 days 1,834 sqft
    2019-07-01 0 days 1,770 sqft
    2019-08-01 0 days 1,716 sqft
    2019-09-01 0 days 1,716 sqft
    2019-10-01 0 days 1,736 sqft
    2019-11-01 0 days 1,824 sqft
    2019-12-01 0 days 1,857 sqft
    2020-01-01 0 days 1,915 sqft
    2020-02-01 0 days 2,002 sqft
    2020-03-01 0 days 2,001 sqft
    2020-04-01 0 days 1,979 sqft
    2020-05-01 0 days 1,997 sqft
    2020-06-01 0 days 1,945 sqft
    2020-07-01 0 days 1,893 sqft
    2020-08-01 0 days 1,978 sqft
    2020-09-01 0 days 1,912 sqft
    2020-10-01 0 days 1,929 sqft
    2020-11-01 0 days 1,997 sqft
    2020-12-01 0 days 1,967 sqft
    2021-01-01 0 days 2,009 sqft
    2021-02-01 0 days 1,933 sqft
    2021-03-01 0 days 1,918 sqft
    2021-04-01 0 days 2,044 sqft
    2021-05-01 0 days 1,964 sqft
    2021-06-01 0 days 1,690 sqft
    2021-07-01 0 days 1,950 sqft
    2021-08-01 0 days 2,020 sqft
    2021-09-01 0 days 2,111 sqft
    2021-10-01 0 days 2,100 sqft
    2021-11-01 0 days 2,100 sqft
    2021-12-01 0 days 2,156 sqft
    2022-01-01 0 days 2,096 sqft
    2022-02-01 0 days 1,821 sqft
    2022-03-01 0 days 2,038 sqft
    2022-04-01 0 days 2,049 sqft
    2022-05-01 0 days 2,196 sqft
    2022-06-01 0 days 2,196 sqft
    2022-07-01 0 days 2,196 sqft
    2022-08-01 0 days 2,232 sqft
    2022-09-01 0 days 2,361 sqft
    2022-10-01 0 days 2,303 sqft
    2022-11-01 0 days 2,234 sqft
    2022-12-01 0 days 2,196 sqft
    2023-01-01 0 days 2,211 sqft
    2023-02-01 0 days 2,182 sqft
    2023-03-01 0 days 2,196 sqft
    2023-04-01 0 days 2,176 sqft
    2023-05-01 0 days 2,354 sqft
    2023-06-01 0 days 2,175 sqft
    2023-07-01 0 days 1,886 sqft
    2023-08-01 0 days 1,905 sqft
    2023-09-01 0 days 1,990 sqft
    2023-10-01 0 days 2,225 sqft
    2023-11-01 0 days 2,225 sqft
    Newberry's median listing age (time on market) for 2023-11-01 was 0 days.

    Newberry's median square footage for active listings during the 2023-11-01 period was 2,225 sqft. One year prior, the average listing was 2,234 sqft.

    Newberry, SC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 419 $108,935,000 $259,988
    Cash Out Refi 133 $26,375,000 $198,308
    Refi 100 $17,590,000 $175,900
    Other 49 $5,545,000 $113,163
    Home Improvement 37 $3,575,000 $96,622

    Newberry's most frequently cited loan purpose was Home Purchase, with 419 originations. The 2nd most popular reason was Cash Out Refi, with 133 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    4-5% 173 $42,865,000 $247,775
    3-4% 168 $41,340,000 $246,071
    5-6% 163 $37,225,000 $228,374
    6-7% 95 $20,205,000 $212,684
    2.5-3% 39 $7,265,000 $186,282
    Over 8% 36 $3,200,000 $88,889
    7-8% 25 $4,365,000 $174,600
    <2.5% 22 $3,240,000 $147,273

    During 2022, Newberry's most frequently originated rate bucket was 4-5%, with 173 originations.

    Loan Sizing (Newberry, SC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 256 $37,690,000 $147,227
    $200k-400k 234 $63,580,000 $271,709
    $100,000 or less 159 $10,165,000 $63,931
    $400k-600k 59 $28,685,000 $486,186
    $600k-1000k 28 $19,390,000 $692,500
    $Over $1MM 2 $2,510,000 $1,255,000

    Newberry's loan sizing saw the bucket of loans from $100k-200k with 256 originations, totaling $37,690,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 287 $68,345,000 $238,136
    60-80% 195 $54,805,000 $281,051
    40-60% 116 $21,540,000 $185,690
    20-40% 61 $8,675,000 $142,213
    Under 20% 60 $3,580,000 $59,667
    Over 100% 9 $2,775,000 $308,333

    Newberry's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 287 originations, totaling $68,345,000 in origination value.