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 6.39% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.68% and one month ago for the week of 2024-11-07, the average rate was 6.98%.

    Newberry's average rate one year ago was 7.12%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Newberry 30 Year Fixed Rate 2024-12-12 6.39%
    Newberry 30 Year Fixed Rate Refi 2024-12-12 6.9%
    Newberry 15 Year Fixed Rate 2024-12-12 5.94%
    Newberry 15 Year Fixed Rate Refi 2024-12-12 5.84%
    Newberry 30 Year FHA 2024-12-12 6.18%
    Newberry 30 Year FHA Refi 2024-12-12 6.28%
    Newberry 30 Year USDA 2024-12-12 6.3%
    Newberry 30 Year USDA Refi 2024-12-12 6.2%
    Newberry 30 Year VA 2024-12-12 6.28%
    Newberry 30 Year VA Refi 2024-12-12 5.88%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 14 6.75% $6,937
    GUILD MORTGAGE COMPANY 13 6.46% $6,337
    Ameris Bank 10 6.87% $6,532
    First-Citizens Bank & Trust Company 9 6.70% $5,727
    UNITED WHOLESALE MORTGAGE, LLC 8 6.92% $7,199
    MOVEMENT MORTGAGE, LLC 8 6.58% $7,835
    GUARANTEED RATE AFFINITY, LLC 8 7.15% $5,402
    DHI MORTGAGE COMPANY, LTD. 7 5.12% $2,487
    TD Bank 7 6.55% $3,975
    First Community Bank 6 6.94% $5,002
    CROSSCOUNTRY MORTGAGE, LLC 5 6.81% $7,895
    South State Bank 4 7.25% $7,002
    UNION HOME MORTGAGE CORP. 4 7.34% $5,732
    First Reliance Bank 4 7.03% $8,374
    Wells Fargo Bank 3 7.42% $5,420
    First Palmetto Bank 3 6.42% $5,500
    ALLSOUTH 3 6.42% $0
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.30% $1,666
    FOUNDERS FEDERAL CREDIT UNION 2 5.56% $3,483
    PENNYMAC LOAN SERVICES, LLC 2 7.56% $5,275
    NTFN, INC. 2 7.00% $8,213
    CMG MORTGAGE, INC. 2 7.43% $4,218
    AgFirst Farm Credit Bank 2 6.94% $6,191
    Truist 2 6.35% $5,097
    Mr. Cooper ( Nationstar Mortgage ) 2 6.13% $8,854
    Arthur State Bank 2 6.88% $2,275
    Dollar Bank, Federal Savings Bank 2 6.75% $8,208
    MIDLAND MORTGAGE CORPORATION 2 7.75% $5,098
    RESOURCE FINANCIAL SERVICES, INC. 2 5.63% $4,584
    Flagstar Bank, FSB 2 7.50% $4,005
    United Bank 1 7.75% $4,299
    United Community Bank 1 6.50% $4,492
    Network Funding, L.P. 1 6.25% $3,813
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.50% $4,888
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 8.25% $19,771
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 8.88% $6,769
    Bank of America 1 7.63% $5,617
    BMO Harris Bank 1 7.25% $8,393
    BROKER SOLUTIONS, INC. 1 6.38% $4,122
    CARDINAL FINANCIAL 1 7.25% $11,015
    Commerce Home Mortgage, Inc. 1 7.38% $15,577
    DELMAR FINANCIAL COMPANY 1 6.25% $3,317
    EVERETT FINANCIAL, INC. 1 6.63% $5,720
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.99% $3,801
    First Bank Richmond 1 5.38% $3,451
    First Piedmont Federal Savings and Loan Association of Gaffney 1 5.50% $9,145
    FREEDOM MORTGAGE CORPORATION 1 6.13% $10,514
    INTERCOASTAL MORTGAGE COMPANY 1 7.50% $2,393
    LAKEVIEW LOAN SERVICING, LLC 1 7.13% $8,383
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 5.75% $11,646
    Morgan Stanley Private Bank 1 5.98% $3,089
    ACOPIA, LLC 1 6.50% $10,434
    NEWREZ LLC 1 7.50% $4,073
    ON Q FINANCIAL, INC. 1 7.99% $5,248
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.50% $3,464
    Regions Bank 1 6.25% $6,086
    Renasant Bank 1 7.63% $7,525
    RUOFF MORTGAGE COMPANY, INC. 1 6.88% $4,436
    SAFE FEDERAL CREDIT UNION 1 6.50% $2,393
    SOUTH CAROLINA FEDERAL CREDIT UNION 1 5.88% $6,643
    Southern First Bank 1 6.63% $5,922
    TOWNE MORTGAGE COMPANY 1 5.38% $5,633

    Newberry Average Closing Costs & Other Stats

    Newberry, SC's 62 lenders originated 522 loans during 2023. The total origination value was $117,230,000, with an average loan value of $224,579.

    Newberry's average closing costs are $5,360.

    The top Newberry lender as defined by loan originations is QUICKEN LOANS, LLC, with 14 loans originated. Their average total fees are $6,937, which is $600 higher than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Newberry lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($6,337), Ameris Bank ($6,532), QUICKEN LOANS, LLC ($6,937), .

    The lowest rate Newberry lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (6.46%), QUICKEN LOANS, LLC (6.75%), Ameris Bank (6.87%), .

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    First Community Bank $4,785,000 $6,625,000 38.5% 5.7%
    Ameris Bank $4,520,000 $6,400,000 41.6% 5.5%
    QUICKEN LOANS, LLC $9,460,000 $6,045,000 -36.1% 5.2%
    GUILD MORTGAGE COMPANY $6,385,000 $5,320,000 -16.7% 4.5%
    First-Citizens Bank & Trust Company $4,580,000 $5,125,000 11.9% 4.4%
    CARDINAL FINANCIAL $2,185,000 $4,565,000 108.9% 3.9%
    UNITED WHOLESALE MORTGAGE, LLC $1,670,000 $4,445,000 166.2% 3.8%
    TD Bank $4,785,000 $3,805,000 -20.5% 3.2%
    AgFirst Farm Credit Bank $7,895,000 $3,775,000 -52.2% 3.2%
    CROSSCOUNTRY MORTGAGE, LLC $2,300,000 $3,710,000 61.3% 3.2%
    DHI MORTGAGE COMPANY, LTD. $5,625,000 $3,455,000 -38.6% 2.9%
    MOVEMENT MORTGAGE, LLC $3,395,000 $3,420,000 0.7% 2.9%
    Security Federal Bank $4,015,000 $3,305,000 -17.7% 2.8%
    Truist $7,985,000 $2,955,000 -63.0% 2.5%
    South State Bank $8,990,000 $2,840,000 -68.4% 2.4%
    GUARANTEED RATE AFFINITY, LLC $1,480,000 $2,610,000 76.4% 2.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $2,215,000 $2,375,000 7.2% 2.0%
    Renasant Bank $1,655,000 $1,920,000 16.0% 1.6%
    21ST MORTGAGE CORPORATION $1,595,000 $1,695,000 6.3% 1.4%
    First Palmetto Bank $285,000 $1,675,000 487.7% 1.4%
    Mortgage Research Center, LLC $965,000 $1,345,000 39.4% 1.1%
    SAFE FEDERAL CREDIT UNION $350,000 $1,275,000 264.3% 1.1%
    ALLSOUTH $2,175,000 $1,270,000 -41.6% 1.1%
    FBC MORTGAGE, LLC $1,270,000 n/a 1.1%
    UNION HOME MORTGAGE CORP. $300,000 $1,250,000 316.7% 1.1%
    Wells Fargo Bank $1,280,000 $1,180,000 -7.8% 1.0%
    FREEDOM MORTGAGE CORPORATION $3,090,000 $1,160,000 -62.5% 1.0%
    First Reliance Bank $585,000 $1,090,000 86.3% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $1,190,000 $1,090,000 -8.4% 0.9%
    Network Funding, L.P. $2,910,000 $965,000 -66.8% 0.8%
    LOANDEPOT.COM, LLC $700,000 $945,000 35.0% 0.8%
    S. C. STATE FEDERAL CREDIT UNION $1,235,000 $945,000 -23.5% 0.8%
    DELMAR FINANCIAL COMPANY $940,000 n/a 0.8%
    Bank of America $1,045,000 $910,000 -12.9% 0.8%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $860,000 n/a 0.7%
    Palmetto Citizens Federal Credit Union $1,880,000 $860,000 -54.3% 0.7%
    Dollar Bank, Federal Savings Bank $285,000 $810,000 184.2% 0.7%
    BMO Harris Bank $55,000 $755,000 1,272.7% 0.6%
    Carrington Mortgage Services, LLC $585,000 $720,000 23.1% 0.6%
    FOUNDERS FEDERAL CREDIT UNION $1,020,000 $670,000 -34.3% 0.6%
    RESOURCE FINANCIAL SERVICES, INC. $420,000 $670,000 59.5% 0.6%
    MIDLAND MORTGAGE CORPORATION $805,000 $660,000 -18.0% 0.6%
    NTFN, INC. $650,000 n/a 0.6%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $300,000 $605,000 101.7% 0.5%
    First Piedmont Federal Savings and Loan Association of Gaffney $595,000 n/a 0.5%
    PENNYMAC LOAN SERVICES, LLC $1,885,000 $585,000 -69.0% 0.5%
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $575,000 n/a 0.5%
    Synovus Bank $1,430,000 $570,000 -60.1% 0.5%
    INTERCOASTAL MORTGAGE COMPANY $415,000 $535,000 28.9% 0.5%
    United Community Bank $1,675,000 $495,000 -70.4% 0.4%
    NAVY FEDERAL CREDIT UNION $620,000 $485,000 -21.8% 0.4%
    RUOFF MORTGAGE COMPANY, INC. $485,000 n/a 0.4%
    1ST SIGNATURE LENDING, LLC $480,000 n/a 0.4%
    First Bank $480,000 n/a 0.4%
    ACOPIA, LLC $1,050,000 $470,000 -55.2% 0.4%
    Gateway First Bank $455,000 n/a 0.4%
    The Peoples Bank $105,000 $430,000 309.5% 0.4%
    NEW DAY FINANCIAL, LLC $1,610,000 $410,000 -74.5% 0.3%
    NEWREZ LLC $780,000 $410,000 -47.4% 0.3%
    Southern First Bank $630,000 $405,000 -35.7% 0.3%
    Commerce Home Mortgage, Inc. $395,000 n/a 0.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $375,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,280,000 $370,000 -71.1% 0.3%
    LIMA ONE CAPITAL, LLC $555,000 $365,000 -34.2% 0.3%
    Regions Bank $2,825,000 $345,000 -87.8% 0.3%
    SOUTH CAROLINA FEDERAL CREDIT UNION $75,000 $345,000 360.0% 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,235,000 $305,000 -75.3% 0.3%
    Morgan Stanley Private Bank $555,000 $305,000 -45.0% 0.3%
    CMG MORTGAGE, INC. $475,000 $300,000 -36.8% 0.3%
    Bank Iowa $295,000 n/a 0.3%
    Citizens Bank $265,000 n/a 0.2%
    ON Q FINANCIAL, INC. $155,000 $265,000 71.0% 0.2%
    TOWNE MORTGAGE COMPANY $370,000 $255,000 -31.1% 0.2%
    VILLAGE CAPITAL MORTGAGE $245,000 n/a 0.2%
    RELIANCE FIRST CAPITAL, LLC $235,000 n/a 0.2%
    LEADERONE FINANCIAL CORPORATION $225,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $165,000 $205,000 24.2% 0.2%
    EMBRACE HOME LOANS, INC. $195,000 n/a 0.2%
    SOUTHPOINT FINANCIAL SERVICES, INC. $195,000 n/a 0.2%
    THRIVE MORTGAGE, LLC $405,000 $195,000 -51.9% 0.2%
    CSL Financial, LLC $65,000 $190,000 192.3% 0.2%
    EMM LOANS LLC $185,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $940,000 $175,000 -81.4% 0.1%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,900,000 $175,000 -90.8% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $165,000 $175,000 6.1% 0.1%
    Flagstar Bank, FSB $555,000 $170,000 -69.4% 0.1%
    United Bank $300,000 $165,000 -45.0% 0.1%
    LOANPAL, LLC $145,000 n/a 0.1%
    PNC Bank $260,000 $145,000 -44.2% 0.1%
    EVERETT FINANCIAL, INC. $135,000 n/a 0.1%
    Arthur State Bank $1,315,000 $130,000 -90.1% 0.1%
    GUARANTEED RATE, INC. $1,270,000 $125,000 -90.2% 0.1%
    Paramount Residential Mortgage Group, Inc. $125,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $175,000 $125,000 -28.6% 0.1%
    Discover Bank $100,000 n/a 0.1%
    BROKER SOLUTIONS, INC. $1,365,000 $95,000 -93.0% 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $125,000 $95,000 -24.0% 0.1%
    TOP FLITE FINANCIAL, INC. $95,000 n/a 0.1%
    UTILITIES EMPLOYEES CREDIT UNION $125,000 $95,000 -24.0% 0.1%
    PENTAGON FEDERAL CREDIT UNION $105,000 $85,000 -19.0% 0.1%
    Barrington Bank & Trust Company, N.A. $85,000 $75,000 -11.8% 0.1%
    First Bank Richmond $65,000 n/a 0.1%
    Bank of Travelers Rest $55,000 n/a 0.0%
    ROYAL UNITED MORTGAGE LLC $485,000 $55,000 -88.7% 0.0%
    S. C. TELCO $210,000 $35,000 -83.3% 0.0%
    SPRING EQ, LLC $185,000 $35,000 -81.1% 0.0%

    Newberry's top lender by overall market share is First Community Bank, with 5.7% market share. In second place, with 5.5%, is Ameris Bank, having originated $6,400,000 in loans. In third place, with 5.2%, is QUICKEN LOANS, LLC, having originated $6,045,000 in loans. In fourth place, with 4.5%, is GUILD MORTGAGE COMPANY, having originated $5,320,000 in loans. In fifth place, with 4.4%, is First-Citizens Bank & Trust Company, having originated $5,125,000 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 $306,875 (54.5%) $427,215 (78.3%) 0.00 43
    2021-10-01 $295,000 (53.3%) $376,227 (52.5%) 0.00 42
    2021-11-01 $300,975 (45.1%) $447,394 (76.4%) 0.00 37
    2021-12-01 $300,750 (28.0%) $436,155 (47.7%) 0.00 30
    2022-01-01 $274,950 (23.0%) $430,329 (59.9%) 0.00 26
    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 $309,065 (64.8%) $432,643 (32.1%) 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 (1.0%) $414,530 (-3.0%) 0.00 59
    2022-10-01 $304,390 (3.2%) $392,733 (4.4%) 0.00 68
    2022-11-01 $299,950 (-0.3%) $369,466 (-17.4%) 0.00 74
    2022-12-01 $289,900 (-3.6%) $364,707 (-16.4%) 0.00 73
    2023-01-01 $297,145 (8.1%) $374,444 (-13.0%) 0.00 59
    2023-02-01 $285,018 (16.1%) $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%) $472,371 (-5.0%) 0.00 48
    2023-06-01 $356,750 (15.4%) $458,502 (6.0%) 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
    2023-12-01 $346,895 (19.7%) $480,324 (31.7%) 0.00 69
    2024-01-01 $339,199 (14.2%) $467,779 (24.9%) 0.00 65
    2024-02-01 $331,983 (16.5%) $482,530 (42.6%) 0.00 62
    2024-03-01 $329,950 (19.3%) $475,450 (32.1%) 0.00 62
    2024-04-01 $324,950 (6.5%) $499,652 (14.2%) 0.00 69
    2024-05-01 $354,802 (-11.5%) $547,067 (15.8%) 0.00 76
    2024-06-01 $339,900 (-4.7%) $534,747 (16.6%) 0.00 86
    2024-07-01 $310,339 (-17.2%) $453,005 (-2.1%) 0.00 93
    2024-08-01 $305,900 (-26.1%) $440,853 (-12.4%) 0.00 92
    2024-09-01 $324,950 (-7.1%) $453,522 (-4.6%) 0.00 84
    2024-10-01 $326,304 (-8.5%) $426,379 (-14.2%) 0.00 74
    2024-11-01 $347,891 (-2.4%) $451,841 (-10.8%) 0.00 78
    Newberry's median listing price for 2024-11-01 was $347,891, a difference of $-8,658 (-2.4%) versus the prior year and $21,587 versus the prior month.

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

    Newberry's average listing price for 2024-11-01 was $451,841, a difference of $-54,817 (-10.8%) versus the prior year and $25,462 versus the prior month.

    For the 2024-11-01 period, Newberry had 78 MLS listings, a difference of 4 listings (5%) versus the prior month and 11 listings (16%) 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 1,815 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 1,907 sqft
    2018-07-01 0 days 1,817 sqft
    2018-08-01 0 days 1,920 sqft
    2018-09-01 0 days 1,935 sqft
    2018-10-01 0 days 1,973 sqft
    2018-11-01 0 days 1,944 sqft
    2018-12-01 0 days 2,010 sqft
    2019-01-01 0 days 1,995 sqft
    2019-02-01 0 days 1,944 sqft
    2019-03-01 0 days 1,906 sqft
    2019-04-01 0 days 1,854 sqft
    2019-05-01 0 days 1,877 sqft
    2019-06-01 0 days 1,856 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 2,004 sqft
    2020-03-01 0 days 2,002 sqft
    2020-04-01 0 days 1,986 sqft
    2020-05-01 0 days 2,000 sqft
    2020-06-01 0 days 1,971 sqft
    2020-07-01 0 days 1,908 sqft
    2020-08-01 0 days 1,986 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 1,917 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 2,122 sqft
    2021-10-01 0 days 2,100 sqft
    2021-11-01 0 days 2,103 sqft
    2021-12-01 0 days 2,276 sqft
    2022-01-01 0 days 2,146 sqft
    2022-02-01 0 days 1,821 sqft
    2022-03-01 0 days 2,090 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 2,232 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 2,233 sqft
    2022-12-01 0 days 2,196 sqft
    2023-01-01 0 days 2,204 sqft
    2023-02-01 0 days 2,182 sqft
    2023-03-01 0 days 2,189 sqft
    2023-04-01 0 days 2,185 sqft
    2023-05-01 0 days 2,288 sqft
    2023-06-01 0 days 2,150 sqft
    2023-07-01 0 days 1,886 sqft
    2023-08-01 0 days 1,869 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
    2023-12-01 0 days 2,204 sqft
    2024-01-01 0 days 2,137 sqft
    2024-02-01 0 days 2,189 sqft
    2024-03-01 0 days 2,132 sqft
    2024-04-01 0 days 2,056 sqft
    2024-05-01 0 days 2,199 sqft
    2024-06-01 0 days 2,018 sqft
    2024-07-01 0 days 1,981 sqft
    2024-08-01 0 days 1,971 sqft
    2024-09-01 0 days 2,046 sqft
    2024-10-01 0 days 2,100 sqft
    2024-11-01 0 days 2,100 sqft
    Newberry's median listing age (time on market) for 2024-11-01 was 0 days.

    Newberry's median square footage for active listings during the 2024-11-01 period was 2,100 sqft. One year prior, the average listing was 2,225 sqft.

    Newberry, SC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 352 $94,840,000 $269,432
    Cash Out Refi 48 $8,410,000 $175,208
    Home Improvement 47 $4,795,000 $102,021
    Other 40 $3,800,000 $95,000
    Refi 35 $5,385,000 $153,857

    Newberry's most frequently cited loan purpose was Home Purchase, with 352 originations. The 2nd most popular reason was Cash Out Refi, with 48 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 183 $46,325,000 $253,142
    7-8% 139 $32,565,000 $234,281
    Over 8% 84 $11,640,000 $138,571
    5-6% 83 $20,955,000 $252,470
    4-5% 24 $4,780,000 $199,167
    3-4% 4 $440,000 $110,000
    <2.5% 1 $5,000 $5,000

    During 2023, Newberry's most frequently originated rate bucket was 6-7%, with 183 originations.

    Loan Sizing (Newberry, SC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 169 $24,925,000 $147,485
    $200k-400k 159 $44,575,000 $280,346
    $100,000 or less 124 $7,720,000 $62,258
    $400k-600k 39 $18,525,000 $475,000
    $600k-1000k 30 $20,460,000 $682,000
    $Over $1MM 1 $1,025,000 $1,025,000

    Newberry's loan sizing saw the bucket of loans from $100k-200k with 169 originations, totaling $24,925,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 246 $63,890,000 $259,715
    60-80% 100 $29,290,000 $292,900
    20-40% 62 $7,270,000 $117,258
    40-60% 54 $10,500,000 $194,444
    Under 20% 43 $2,605,000 $60,581
    Over 100% 8 $2,820,000 $352,500

    Newberry's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 246 originations, totaling $63,890,000 in origination value.