Nogales 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 Nogales averaged 6.86% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 6.59% and one month ago for the week of 2024-10-03, the average rate was 6.09%.

    Nogales's average rate one year ago was 8.03%.

    For refis of the same type during the week of 2024-11-07, the average rate was 6.99%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Nogales 30 Year Fixed Rate 2024-11-07 6.86%
    Nogales 30 Year Fixed Rate Refi 2024-11-07 6.99%
    Nogales 15 Year Fixed Rate 2024-11-07 6%
    Nogales 15 Year Fixed Rate Refi 2024-11-07 6.6%
    Nogales 30 Year FHA 2024-11-07 6.11%
    Nogales 30 Year FHA Refi 2024-11-07 6.43%
    Nogales 30 Year USDA 2024-11-07 6.38%
    Nogales 30 Year USDA Refi 2024-11-07 6.38%
    Nogales 30 Year VA 2024-11-07 6.14%
    Nogales 30 Year VA Refi 2024-11-07 6.54%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Nogales, AZ.

    Nogales 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 Nogales, AZ 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
    AMERICAN PACIFIC MORTGAGE CORPORATION 62 6.67% $8,052
    ALTITUDE FINANCIAL CORPORATION 18 6.78% $4,494
    QUICKEN LOANS, LLC 17 7.06% $6,680
    NOVA FINANCIAL & INVESTMENT CORPORATION 16 6.90% $4,622
    UNITED WHOLESALE MORTGAGE, LLC 13 7.16% $8,823
    MORIA DEVELOPMENT, INC. 12 7.06% $7,821
    CROSSCOUNTRY MORTGAGE, LLC 10 7.04% $9,387
    Wells Fargo Bank 8 6.41% $3,671
    JPMorgan Chase Bank 6 6.41% $5,978
    HOMEOWNERS FINANCIAL GROUP USA, LLC 6 6.96% $6,119
    LOANDEPOT.COM, LLC 5 7.23% $4,832
    V.I.P. MORTGAGE, INC. 5 6.82% $7,446
    VANTAGE WEST 4 5.94% $5,525
    Washington Federal Bank 3 7.38% $10,578
    U.S. Bank 3 6.54% $4,422
    CMG MORTGAGE, INC. 2 7.43% $7,218
    PENNYMAC LOAN SERVICES, LLC 2 7.13% $7,544
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.00% $6,333
    GUILD MORTGAGE COMPANY 2 6.00% $4,380
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.81% $5,129
    MOVEMENT MORTGAGE, LLC 2 7.21% $5,920
    RESIDENTIAL BANCORP 2 6.50% $7,386
    The Loan Store, Inc. 2 6.25% $6,358
    GUARANTEED RATE AFFINITY, LLC 2 6.88% $7,452
    Nations Lending Corporation 1 6.38% $4,574
    Neighborhood Loans, Inc. 1 6.00% $4,592
    NexBank 1 7.88% $8,723
    Northpointe Bank 1 6.63% $3,497
    OneAZ Credit Union 1 5.38% $10,002
    PIMA Federal Credit Union 1 5.88% $2,705
    Plains Commerce Bank 1 6.63% $3,686
    PREMIER LENDING, INC. 1 6.63% $22,042
    Prosperity Home Mortgage, LLC 1 6.88% $6,008
    Sierra Pacific Mortgage Company, Inc. 1 7.13% $7,399
    Zions Bank 1 6.63% $7,197
    AMCAP MORTGAGE, LTD. 1 6.63% $4,693
    American Mortgage & Equity Consultants, Inc. 1 6.75% $18,270
    AMERISAVE MORTGAGE CORPORATION 1 6.50% $11,683
    ARC HOME LLC 1 7.25% $4,907
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.38% $7,254
    Bank of America 1 6.25% $4,044
    BETTER MORTGAGE CORPORATION 1 5.63% $5,107
    Boeing Employees Credit Union 1 6.13% $2,703
    Carrington Mortgage Services, LLC 1 6.50% $8,883
    DEEPHAVEN MORTGAGE LLC 1 9.25% $5,352
    DEFINE MORTGAGE SOLUTIONS, LLC 1 7.00% $8,691
    Discover Bank 1 6.24% $0
    First Credit Union 1 7.38% $7,624
    Flagstar Bank, FSB 1 7.63% $7,399
    GENEVA FINANCIAL, LLC 1 10.75% $16,889
    GUARANTEED RATE, INC. 1 6.63% $9,559
    INTERLINC MORTGAGE SERVICES, LLC 1 6.37% $10,180
    INTERNATIONAL CITY MORTGAGE, INC. 1 6.00% $5,693
    KeyBank 1 7.63% $10,140
    KINECTA 1 6.13% $12,284
    LAKEVIEW LOAN SERVICING, LLC 1 6.13% $11,934
    LOANPAL, LLC 1 7.38% $11,354
    Mortgage Research Center, LLC 1 6.13% $8,360

    Nogales Average Closing Costs & Other Stats

    Nogales, AZ's 58 lenders originated 684 loans during 2023. The total origination value was $154,010,000, with an average loan value of $225,161.

    Nogales's average closing costs are $5,292.

    The top Nogales lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with 62 loans originated. Their average total fees are $8,052, which is $3,558 higher than the next largest lender, ALTITUDE FINANCIAL CORPORATION.

    The lowest fee Nogales lenders (with over 10 loans originated) are ALTITUDE FINANCIAL CORPORATION ($4,494), NOVA FINANCIAL & INVESTMENT CORPORATION ($4,622), QUICKEN LOANS, LLC ($6,680), MORIA DEVELOPMENT, INC. ($7,821) and AMERICAN PACIFIC MORTGAGE CORPORATION ($8,052).

    The lowest rate Nogales lenders (with over 10 loans originated) are AMERICAN PACIFIC MORTGAGE CORPORATION (6.67%), ALTITUDE FINANCIAL CORPORATION (6.78%), NOVA FINANCIAL & INVESTMENT CORPORATION (6.90%), CROSSCOUNTRY MORTGAGE, LLC (7.04%) and MORIA DEVELOPMENT, INC. (7.06%).

    Nogales, AZ 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
    AMERICAN PACIFIC MORTGAGE CORPORATION $11,150,000 $32,995,000 195.9% 21.4%
    ALTITUDE FINANCIAL CORPORATION $17,105,000 $11,370,000 -33.5% 7.4%
    NOVA FINANCIAL & INVESTMENT CORPORATION $16,225,000 $9,860,000 -39.2% 6.4%
    QUICKEN LOANS, LLC $15,275,000 $8,080,000 -47.1% 5.2%
    UNITED WHOLESALE MORTGAGE, LLC $8,375,000 $8,015,000 -4.3% 5.2%
    CROSSCOUNTRY MORTGAGE, LLC $3,645,000 $6,460,000 77.2% 4.2%
    MORIA DEVELOPMENT, INC. $2,260,000 $5,020,000 122.1% 3.3%
    LOANDEPOT.COM, LLC $6,220,000 $3,730,000 -40.0% 2.4%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $2,180,000 $3,140,000 44.0% 2.0%
    Flagstar Bank, FSB $1,900,000 $3,110,000 63.7% 2.0%
    Wells Fargo Bank $6,280,000 $2,935,000 -53.3% 1.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,375,000 $2,795,000 -36.1% 1.8%
    JPMorgan Chase Bank $3,295,000 $2,585,000 -21.5% 1.7%
    VANTAGE WEST $500,000 $2,040,000 308.0% 1.3%
    V.I.P. MORTGAGE, INC. $2,400,000 $1,975,000 -17.7% 1.3%
    Washington Federal Bank $4,245,000 $1,905,000 -55.1% 1.2%
    MOVEMENT MORTGAGE, LLC $1,455,000 $1,810,000 24.4% 1.2%
    INTERLINC MORTGAGE SERVICES, LLC $1,500,000 $1,780,000 18.7% 1.2%
    Zions Bank $4,390,000 $1,680,000 -61.7% 1.1%
    GUILD MORTGAGE COMPANY $5,565,000 $1,610,000 -71.1% 1.0%
    Mortgage Research Center, LLC $2,945,000 $1,525,000 -48.2% 1.0%
    U.S. Bank $1,410,000 $1,385,000 -1.8% 0.9%
    NAVY FEDERAL CREDIT UNION $1,610,000 $1,195,000 -25.8% 0.8%
    Bank of America $1,165,000 $1,140,000 -2.1% 0.7%
    Neighborhood Loans, Inc. $3,600,000 $1,095,000 -69.6% 0.7%
    KINECTA $205,000 $1,050,000 412.2% 0.7%
    FREEDOM MORTGAGE CORPORATION $2,245,000 $1,020,000 -54.6% 0.7%
    Equity Prime Mortgage LLC $265,000 $995,000 275.5% 0.6%
    CMG MORTGAGE, INC. $2,460,000 $970,000 -60.6% 0.6%
    Bell Bank $405,000 $920,000 127.2% 0.6%
    GUARANTEED RATE, INC. $665,000 $900,000 35.3% 0.6%
    American Mortgage & Equity Consultants, Inc. $865,000 n/a 0.6%
    GUARANTEED RATE AFFINITY, LLC $285,000 $755,000 164.9% 0.5%
    GEORGIA'S OWN $85,000 $750,000 782.4% 0.5%
    NEW DAY FINANCIAL, LLC $540,000 $745,000 38.0% 0.5%
    Prosperity Home Mortgage, LLC $1,675,000 $725,000 -56.7% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $760,000 $720,000 -5.3% 0.5%
    North American Savings Bank, F.S.B. $675,000 n/a 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $2,050,000 $670,000 -67.3% 0.4%
    OneAZ Credit Union $155,000 $650,000 319.4% 0.4%
    AMERISAVE MORTGAGE CORPORATION $1,470,000 $645,000 -56.1% 0.4%
    PENNYMAC LOAN SERVICES, LLC $4,925,000 $630,000 -87.2% 0.4%
    Plains Commerce Bank $600,000 n/a 0.4%
    CLEARPATH LENDING $510,000 $590,000 15.7% 0.4%
    SECURITYNATIONAL MORTGAGE COMPANY $575,000 n/a 0.4%
    Paramount Residential Mortgage Group, Inc. $940,000 $560,000 -40.4% 0.4%
    TUCSON $505,000 $560,000 10.9% 0.4%
    Waterstone Mortgage Corporation $545,000 n/a 0.4%
    Nations Lending Corporation $285,000 $540,000 89.5% 0.4%
    Discover Bank $220,000 $500,000 127.3% 0.3%
    TruHome Solutions, LLC $480,000 n/a 0.3%
    PIMA Federal Credit Union $205,000 $455,000 122.0% 0.3%
    KeyBank $135,000 $445,000 229.6% 0.3%
    Carrington Mortgage Services, LLC $220,000 $410,000 86.4% 0.3%
    AMERICA FIRST $5,000 $405,000 8,000.0% 0.3%
    LONGBRIDGE FINANCIAL, LLC $95,000 $405,000 326.3% 0.3%
    BMO Harris Bank $260,000 $400,000 53.8% 0.3%
    A&D Mortgage LLC $375,000 n/a 0.2%
    First Credit Union $330,000 $375,000 13.6% 0.2%
    GENEVA FINANCIAL, LLC $620,000 $375,000 -39.5% 0.2%
    RESIDENTIAL BANCORP $265,000 $370,000 39.6% 0.2%
    FINANCE OF AMERICA REVERSE LLC $420,000 $350,000 -16.7% 0.2%
    The Loan Store, Inc. $350,000 n/a 0.2%
    HUGHES FEDERAL CREDIT UNION $680,000 $345,000 -49.3% 0.2%
    BROKER SOLUTIONS, INC. $2,530,000 $340,000 -86.6% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $895,000 $330,000 -63.1% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $1,120,000 $325,000 -71.0% 0.2%
    LENDINGHOME FUNDING CORPORATION $205,000 $320,000 56.1% 0.2%
    DEFINE MORTGAGE SOLUTIONS, LLC $315,000 n/a 0.2%
    PREMIER LENDING, INC. $315,000 n/a 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $295,000 n/a 0.2%
    MICHIGAN FIRST CREDIT UNION $295,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $360,000 $285,000 -20.8% 0.2%
    iCore Lending, Inc. $275,000 n/a 0.2%
    LAND HOME FINANCIAL SERVICES, INC. $315,000 $275,000 -12.7% 0.2%
    PLANET HOME LENDING, LLC $275,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $265,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $725,000 $265,000 -63.4% 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $255,000 n/a 0.2%
    Boeing Employees Credit Union $65,000 $255,000 292.3% 0.2%
    INTERNATIONAL CITY MORTGAGE, INC. $255,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $1,455,000 $245,000 -83.2% 0.2%
    KS StateBank $245,000 n/a 0.2%
    ARC HOME LLC $215,000 n/a 0.1%
    The Federal Savings Bank $665,000 $215,000 -67.7% 0.1%
    Northpointe Bank $375,000 $205,000 -45.3% 0.1%
    SUMMIT FUNDING, INC. $360,000 $205,000 -43.1% 0.1%
    Sierra Pacific Mortgage Company, Inc. $195,000 n/a 0.1%
    Citadel Servicing Corporation $285,000 $185,000 -35.1% 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $175,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $165,000 $175,000 6.1% 0.1%
    PHH Mortgage Corporation $135,000 $170,000 25.9% 0.1%
    American Southwest Credit Union $210,000 $165,000 -21.4% 0.1%
    Coastal Community Bank $160,000 n/a 0.1%
    Commerce Home Mortgage, Inc. $155,000 n/a 0.1%
    NEWREZ LLC $1,700,000 $145,000 -91.5% 0.1%
    NexBank $145,000 n/a 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $135,000 n/a 0.1%
    Notre Dame Federal Credit Union Corporation $135,000 n/a 0.1%
    SPRING EQ, LLC $450,000 $135,000 -70.0% 0.1%
    Canyon State Credit Union $305,000 $115,000 -62.3% 0.1%
    Firefighters First Federal Credit Union $95,000 n/a 0.1%
    AMCAP MORTGAGE, LTD. $500,000 $85,000 -83.0% 0.1%
    MOUNTAIN AMERICA $260,000 $70,000 -73.1% 0.0%
    ARIZONA $35,000 $55,000 57.1% 0.0%
    HIWAY $55,000 n/a 0.0%
    LOANPAL, LLC $965,000 $55,000 -94.3% 0.0%
    PNC Bank $835,000 $55,000 -93.4% 0.0%
    S1L, Inc. $55,000 n/a 0.0%
    First Interstate Bank $155,000 $45,000 -71.0% 0.0%
    TRUSTONE FINANCIAL FEDERAL CREDIT UNION $45,000 n/a 0.0%
    Connexus Credit Union $35,000 n/a 0.0%
    Figure Lending LLC $200,000 $35,000 -82.5% 0.0%
    Lakeview Community Capital, LLC $160,000 $35,000 -78.1% 0.0%
    NASA Federal Credit Union $35,000 n/a 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $25,000 n/a 0.0%

    Nogales's top lender by overall market share is AMERICAN PACIFIC MORTGAGE CORPORATION, with 21.4% market share. In second place, with 7.4%, is ALTITUDE FINANCIAL CORPORATION, having originated $11,370,000 in loans. In third place, with 6.4%, is NOVA FINANCIAL & INVESTMENT CORPORATION, having originated $9,860,000 in loans. In fourth place, with 5.2%, is QUICKEN LOANS, LLC, having originated $8,080,000 in loans. In fifth place, with 5.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $8,015,000 in loans.

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

    Realtor.com - Nogales (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 $293,875 (6.3%) $447,542 (8.8%) 0.00 237
    2018-02-01 $322,425 (25.3%) $494,955 (21.5%) 0.00 240
    2018-03-01 $299,000 (8.2%) $460,061 (9.9%) 0.00 321
    2018-04-01 $299,900 (9.1%) $471,752 (10.3%) 0.00 294
    2018-05-01 $301,200 (7.6%) $493,543 (13.2%) 0.00 254
    2018-06-01 $299,900 (2.7%) $510,073 (12.4%) 0.00 238
    2018-07-01 $306,250 (7.6%) $525,446 (17.1%) 0.00 230
    2018-08-01 $304,950 (8.6%) $511,727 (15.0%) 0.00 242
    2018-09-01 $299,900 (7.2%) $484,159 (9.3%) 0.00 253
    2018-10-01 $304,950 (4.7%) $478,079 (7.8%) 0.00 276
    2018-11-01 $321,750 (13.5%) $512,235 (19.8%) 0.00 265
    2018-12-01 $314,500 (10.8%) $498,011 (16.1%) 0.00 255
    2019-01-01 $311,000 (5.8%) $500,107 (11.8%) 0.00 261
    2019-02-01 $310,000 (-3.9%) $477,703 (-3.5%) 0.00 272
    2019-03-01 $331,386 (10.8%) $497,744 (8.2%) 0.00 259
    2019-04-01 $339,950 (13.4%) $505,903 (7.2%) 0.00 249
    2019-05-01 $327,250 (8.7%) $514,299 (4.2%) 0.00 226
    2019-06-01 $325,000 (8.4%) $505,931 (-0.8%) 0.00 234
    2019-07-01 $317,225 (3.6%) $498,190 (-5.2%) 0.00 242
    2019-08-01 $311,727 (2.2%) $491,145 (-4.0%) 0.00 243
    2019-09-01 $306,818 (2.3%) $469,497 (-3.0%) 0.00 241
    2019-10-01 $305,545 (0.2%) $455,417 (-4.7%) 0.00 239
    2019-11-01 $329,000 (2.3%) $469,178 (-8.4%) 0.00 232
    2019-12-01 $328,500 (4.5%) $466,443 (-6.3%) 0.00 231
    2020-01-01 $327,100 (5.2%) $517,464 (3.5%) 0.00 230
    2020-02-01 $354,500 (14.4%) $551,938 (15.5%) 0.00 212
    2020-03-01 $370,725 (11.9%) $612,622 (23.1%) 0.00 208
    2020-04-01 $380,000 (11.8%) $640,280 (26.6%) 0.00 199
    2020-05-01 $375,000 (14.6%) $651,094 (26.6%) 0.00 188
    2020-06-01 $363,750 (11.9%) $668,544 (32.1%) 0.00 171
    2020-07-01 $389,000 (22.6%) $699,054 (40.3%) 0.00 156
    2020-08-01 $397,000 (27.4%) $714,159 (45.4%) 0.00 138
    2020-09-01 $352,500 (14.9%) $716,674 (52.7%) 0.00 137
    2020-10-01 $350,000 (14.6%) $715,631 (57.1%) 0.00 126
    2020-11-01 $392,000 (19.2%) $743,183 (58.4%) 0.00 121
    2020-12-01 $378,250 (15.1%) $729,493 (56.4%) 0.00 114
    2021-01-01 $399,000 (22.0%) $713,968 (38.0%) 0.00 112
    2021-02-01 $390,750 (10.2%) $708,437 (28.4%) 0.00 104
    2021-03-01 $499,904 (34.8%) $848,662 (38.5%) 0.00 82
    2021-04-01 $491,250 (29.3%) $808,052 (26.2%) 0.00 90
    2021-05-01 $498,748 (33.0%) $836,654 (28.5%) 0.00 81
    2021-06-01 $464,450 (27.7%) $811,686 (21.4%) 0.00 85
    2021-07-01 $429,000 (10.3%) $723,301 (3.5%) 0.00 86
    2021-08-01 $429,000 (8.1%) $702,625 (-1.6%) 0.00 85
    2021-09-01 $425,000 (20.6%) $681,972 (-4.8%) 0.00 92
    2021-10-01 $382,500 (9.3%) $656,732 (-8.2%) 0.00 99
    2021-11-01 $364,925 (-6.9%) $634,667 (-14.6%) 0.00 109
    2021-12-01 $393,500 (4.0%) $645,627 (-11.5%) 0.00 102
    2022-01-01 $424,950 (6.5%) $677,003 (-5.2%) 0.00 101
    2022-02-01 $444,250 (13.7%) $668,032 (-5.7%) 0.00 101
    2022-03-01 $457,250 (-8.5%) $726,445 (-14.4%) 0.00 96
    2022-04-01 $392,000 (-20.2%) $695,136 (-14.0%) 0.00 91
    2022-05-01 $390,750 (-21.7%) $715,057 (-14.5%) 0.00 88
    2022-06-01 $392,000 (-15.6%) $682,802 (-15.9%) 0.00 94
    2022-07-01 $382,250 (-10.9%) $631,613 (-12.7%) 0.00 114
    2022-08-01 $354,450 (-17.4%) $571,658 (-18.6%) 0.00 143
    2022-09-01 $349,975 (-17.7%) $571,860 (-16.2%) 0.00 141
    2022-10-01 $350,000 (-8.5%) $573,454 (-12.7%) 0.00 154
    2022-11-01 $347,450 (-4.8%) $566,097 (-10.8%) 0.00 162
    2022-12-01 $329,900 (-16.2%) $543,713 (-15.8%) 0.00 165
    2023-01-01 $329,975 (-22.4%) $540,077 (-20.2%) 0.00 169
    2023-02-01 $337,225 (-24.1%) $537,429 (-19.6%) 0.00 162
    2023-03-01 $345,000 (-24.6%) $577,777 (-20.5%) 0.00 154
    2023-04-01 $330,000 (-15.8%) $536,380 (-22.8%) 0.00 170
    2023-05-01 $327,500 (-16.2%) $522,782 (-26.9%) 0.00 168
    2023-06-01 $331,500 (-15.4%) $521,908 (-23.6%) 0.00 165
    2023-07-01 $349,000 (-8.7%) $543,590 (-13.9%) 0.00 171
    2023-08-01 $351,475 (-0.8%) $640,330 (12.0%) 0.00 174
    2023-09-01 $375,000 (7.2%) $752,596 (31.6%) 0.00 179
    2023-10-01 $379,175 (8.3%) $734,757 (28.1%) 0.00 202
    2023-11-01 $359,425 (3.5%) $742,818 (31.2%) 0.00 204
    2023-12-01 $356,000 (7.9%) $844,947 (55.4%) 0.00 207
    2024-01-01 $371,975 (12.7%) $856,028 (58.5%) 0.00 205
    2024-02-01 $387,000 (14.8%) $881,195 (64.0%) 0.00 196
    2024-03-01 $380,000 (10.1%) $891,092 (54.2%) 0.00 195
    2024-04-01 $401,000 (21.5%) $917,012 (71.0%) 0.00 183
    2024-05-01 $378,500 (15.6%) $897,667 (71.7%) 0.00 197
    2024-06-01 $359,500 (8.5%) $887,086 (70.0%) 0.00 203
    2024-07-01 $361,125 (3.5%) $870,422 (60.1%) 0.00 207
    2024-08-01 $389,500 (10.8%) $869,857 (35.9%) 0.00 199
    2024-09-01 $387,025 (3.2%) $850,901 (13.1%) 0.00 217
    2024-10-01 $385,675 (1.7%) $840,073 (14.3%) 0.00 233
    Nogales's median listing price for 2024-10-01 was $385,675, a difference of $6,500 (1.7%) versus the prior year and $-1,350 versus the prior month.

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

    Nogales's average listing price for 2024-10-01 was $840,073, a difference of $105,316 (14.3%) versus the prior year and $-10,828 versus the prior month.

    For the 2024-10-01 period, Nogales had 233 MLS listings, a difference of 16 listings (7%) versus the prior month and 31 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Nogales (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,211 sqft
    2018-02-01 0 days 2,240 sqft
    2018-03-01 0 days 2,248 sqft
    2018-04-01 0 days 2,330 sqft
    2018-05-01 0 days 2,361 sqft
    2018-06-01 0 days 2,404 sqft
    2018-07-01 0 days 2,393 sqft
    2018-08-01 0 days 2,345 sqft
    2018-09-01 0 days 2,274 sqft
    2018-10-01 0 days 2,258 sqft
    2018-11-01 0 days 2,284 sqft
    2018-12-01 0 days 2,241 sqft
    2019-01-01 0 days 2,239 sqft
    2019-02-01 0 days 2,229 sqft
    2019-03-01 0 days 2,274 sqft
    2019-04-01 0 days 2,280 sqft
    2019-05-01 0 days 2,297 sqft
    2019-06-01 0 days 2,293 sqft
    2019-07-01 0 days 2,282 sqft
    2019-08-01 0 days 2,253 sqft
    2019-09-01 0 days 2,179 sqft
    2019-10-01 0 days 2,129 sqft
    2019-11-01 0 days 2,143 sqft
    2019-12-01 0 days 2,104 sqft
    2020-01-01 0 days 2,144 sqft
    2020-02-01 0 days 2,197 sqft
    2020-03-01 0 days 2,173 sqft
    2020-04-01 0 days 2,155 sqft
    2020-05-01 0 days 2,242 sqft
    2020-06-01 0 days 2,202 sqft
    2020-07-01 0 days 2,348 sqft
    2020-08-01 0 days 2,318 sqft
    2020-09-01 0 days 2,343 sqft
    2020-10-01 0 days 2,182 sqft
    2020-11-01 0 days 2,312 sqft
    2020-12-01 0 days 2,217 sqft
    2021-01-01 0 days 2,194 sqft
    2021-02-01 0 days 2,282 sqft
    2021-03-01 0 days 2,702 sqft
    2021-04-01 0 days 2,574 sqft
    2021-05-01 0 days 2,348 sqft
    2021-06-01 0 days 2,364 sqft
    2021-07-01 0 days 2,327 sqft
    2021-08-01 0 days 2,332 sqft
    2021-09-01 0 days 2,433 sqft
    2021-10-01 0 days 2,230 sqft
    2021-11-01 0 days 2,040 sqft
    2021-12-01 0 days 2,200 sqft
    2022-01-01 0 days 2,292 sqft
    2022-02-01 0 days 2,200 sqft
    2022-03-01 0 days 2,222 sqft
    2022-04-01 0 days 2,198 sqft
    2022-05-01 0 days 2,167 sqft
    2022-06-01 0 days 2,169 sqft
    2022-07-01 0 days 2,082 sqft
    2022-08-01 0 days 2,004 sqft
    2022-09-01 0 days 1,877 sqft
    2022-10-01 0 days 1,915 sqft
    2022-11-01 0 days 1,904 sqft
    2022-12-01 0 days 1,803 sqft
    2023-01-01 0 days 1,782 sqft
    2023-02-01 0 days 1,763 sqft
    2023-03-01 0 days 1,779 sqft
    2023-04-01 0 days 1,777 sqft
    2023-05-01 0 days 1,776 sqft
    2023-06-01 0 days 1,796 sqft
    2023-07-01 0 days 1,804 sqft
    2023-08-01 0 days 1,838 sqft
    2023-09-01 0 days 1,906 sqft
    2023-10-01 0 days 1,904 sqft
    2023-11-01 0 days 1,857 sqft
    2023-12-01 0 days 1,804 sqft
    2024-01-01 0 days 1,835 sqft
    2024-02-01 0 days 1,869 sqft
    2024-03-01 0 days 1,901 sqft
    2024-04-01 0 days 1,953 sqft
    2024-05-01 0 days 1,971 sqft
    2024-06-01 0 days 1,859 sqft
    2024-07-01 0 days 1,836 sqft
    2024-08-01 0 days 1,846 sqft
    2024-09-01 0 days 1,847 sqft
    2024-10-01 0 days 1,820 sqft
    Nogales's median listing age (time on market) for 2024-10-01 was 0 days.

    Nogales's median square footage for active listings during the 2024-10-01 period was 1,820 sqft. One year prior, the average listing was 1,904 sqft.

    Nogales, AZ Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 378 $104,680,000 $276,931
    Cash Out Refi 153 $28,875,000 $188,725
    Home Improvement 56 $3,860,000 $68,929
    Refi 52 $12,210,000 $234,808
    Other 45 $4,385,000 $97,444

    Nogales's most frequently cited loan purpose was Home Purchase, with 378 originations. The 2nd most popular reason was Cash Out Refi, with 153 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 293 $71,665,000 $244,590
    7-8% 148 $36,390,000 $245,878
    5-6% 113 $29,205,000 $258,451
    Over 8% 101 $13,005,000 $128,762
    4-5% 16 $2,990,000 $186,875
    <2.5% 3 $195,000 $65,000

    During 2023, Nogales's most frequently originated rate bucket was 6-7%, with 293 originations.

    Loan Sizing (Nogales, AZ MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 320 $87,040,000 $272,000
    $100k-200k 176 $27,400,000 $155,682
    $100,000 or less 127 $6,865,000 $54,055
    $400k-600k 45 $20,825,000 $462,778
    $600k-1000k 16 $11,880,000 $742,500

    Nogales's loan sizing saw the bucket of loans from $200k-400k with 320 originations, totaling $87,040,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 283 $81,065,000 $286,449
    60-80% 160 $41,680,000 $260,500
    20-40% 78 $9,510,000 $121,923
    40-60% 74 $14,110,000 $190,676
    Under 20% 64 $2,920,000 $45,625
    Over 100% 13 $3,925,000 $301,923

    Nogales's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 283 originations, totaling $81,065,000 in origination value.