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 6.19% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.11% and one month ago for the week of 2023-04-20, the average rate was 6.21%.

    Nogales's average rate one year ago was 4.67%.

    For refis of the same type during the week of 2023-05-25, the average rate was 7.07%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Nogales 30 Year Fixed Rate 2023-05-25 6.19%
    Nogales 30 Year Fixed Rate Refi 2023-05-25 7.07%
    Nogales 15 Year Fixed Rate 2023-05-25 6.07%
    Nogales 15 Year Fixed Rate Refi 2023-05-25 6.07%
    Nogales 30 Year FHA 2023-05-25 6.09%
    Nogales 30 Year FHA Refi 2023-05-25 6.51%
    Nogales 30 Year USDA 2023-05-25 5.89%
    Nogales 30 Year USDA Refi 2023-05-25 6.43%
    Nogales 30 Year VA 2023-05-25 6.61%
    Nogales 30 Year VA Refi 2023-05-25 6.21%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    SUNSTREET MORTGAGE, LLC 63 4.35% $5,362
    ALTITUDE FINANCIAL CORPORATION 45 5.36% $3,924
    NOVA FINANCIAL & INVESTMENT CORPORATION 44 4.83% $4,798
    QUICKEN LOANS, LLC 37 4.58% $6,976
    LOANDEPOT.COM, LLC 18 4.59% $6,789
    AMERICAN PACIFIC MORTGAGE CORPORATION 14 6.08% $9,566
    UNITED WHOLESALE MORTGAGE, LLC 14 4.47% $7,748
    Wells Fargo Bank 12 4.29% $5,293
    GUILD MORTGAGE COMPANY 12 5.13% $6,145
    PENNYMAC LOAN SERVICES, LLC 11 4.07% $7,110
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 5.04% $6,966
    JPMorgan Chase Bank 8 4.54% $4,782
    CROSSCOUNTRY MORTGAGE, LLC 8 5.46% $7,124
    CMG MORTGAGE, INC. 7 4.64% $6,554
    MORIA DEVELOPMENT, INC. 6 5.48% $6,971
    Prosperity Home Mortgage, LLC 6 4.54% $3,982
    HOMEOWNERS FINANCIAL GROUP USA, LLC 6 5.27% $5,066
    BETTER MORTGAGE CORPORATION 5 4.08% $4,102
    Washington Federal Bank 5 4.28% $13,241
    V.I.P. MORTGAGE, INC. 5 4.62% $6,335
    Mr. Cooper ( Nationstar Mortgage ) 5 4.87% $6,908
    BROKER SOLUTIONS, INC. 4 4.94% $7,907
    NEWREZ LLC 4 4.84% $4,377
    Flagstar Bank, FSB 4 3.78% $6,354
    LOANPAL, LLC 3 4.21% $8,833
    MOVEMENT MORTGAGE, LLC 3 4.17% $3,856
    U.S. Bank 3 5.83% $3,910
    CALIBER HOME LOANS, INC. 3 4.39% $4,988
    Bank of America 2 2.94% $3,987
    AmeriHome Mortgage Company, LLC 2 3.81% $5,095
    AMERISAVE MORTGAGE CORPORATION 2 3.31% $11,175
    Carrington Mortgage Services, LLC 2 4.75% $5,763
    CHERRY CREEK MORTGAGE, LLC 2 4.94% $1,182
    GUARANTEED RATE, INC. 2 4.38% $4,154
    HOME POINT FINANCIAL CORPORATION 2 4.93% $4,407
    Morgan Stanley Private Bank 2 2.70% $4,014
    MUTUAL OF OMAHA MORTGAGE, INC. 2 3.87% $7,258
    Neighborhood Loans, Inc. 2 5.38% $5,791
    Paramount Residential Mortgage Group, Inc. 2 4.56% $4,608
    Umpqua Bank 2 3.44% $5,182
    Watermark Capital, Inc. 2 4.38% $3,902
    Zions Bancorporation, N.A. 2 3.13% $3,963
    First Credit Union 1 3.38% $3,069
    KeyBank 1 3.99% $4,318
    FirstBank 1 3.75% $2,830
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 3.88% $11,067
    MLD MORTGAGE INC. 1 3.88% $7,626
    VANTAGE WEST 1 5.50% $9,830
    EAGLE HOME MORTGAGE, LLC 1 3.38% $4,772
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 5.25% $25,470
    DIRECT MORTGAGE, CORP. 1 3.63% $7,454
    DEEPHAVEN MORTGAGE LLC 1 6.99% $4,480
    AMERICAN FINANCING CORPORATION 1 3.99% $5,679
    NAVY FEDERAL CREDIT UNION 1 3.25% $5,597
    NBKC BANK 1 3.63% $2,555
    AMCAP MORTGAGE, LTD. 1 6.13% $6,274
    CONSUMERS COOPERATIVE CREDIT UNION 1 4.50% $3,416
    Northpointe Bank 1 4.50% $16,425
    Charles Schwab Bank, SSB 1 2.13% $4,570
    Western State Bank 1 4.63% $3,141
    CARDINAL FINANCIAL 1 3.63% $4,647
    PIMA Federal Credit Union 1 4.88% $4,114
    PNC Bank 1 3.00% $7,743
    PREMIA MORTGAGE, LLC 1 3.75% $1,532
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.38% $5,585
    Canyon State Credit Union 1 6.50% $5,230
    Bell Bank 1 6.49% $4,113
    Quontic Bank 1 6.00% $10,149
    Semper Home Loans, Inc. 1 5.00% $2,043
    SOFI LENDING CORP. 1 3.75% $4,697
    STAR ONE CREDIT UNION 1 5.50% $1,955
    STEARNS LENDING, LLC 1 3.00% $3,757
    Strong Home Mortgage, LLC 1 3.63% $1,162
    SUN AMERICAN MORTGAGE COMPANY 1 5.50% $7,414
    ACADEMY MORTGAGE CORPORATION 1 6.25% $11,225
    The Federal Savings Bank 1 5.50% $5,758
    UBS Bank USA 1 5.00% $4,175
    Ally Bank 1 3.88% $3,908
    GENEVA FINANCIAL, LLC 1 5.88% $14,332
    GSF Mortgage Corporation 1 4.49% $4,840
    GUARANTEED RATE AFFINITY, LLC 1 7.25% $4,468
    Amerifirst Financial, Inc. 1 4.88% $7,133
    FREEDOM MORTGAGE CORPORATION 1 3.99% $2,110
    First Interstate Bank 1 3.88% $5,589
    American Southwest Credit Union 1 6.38% $2,716
    INB 1 3.63% $3,550
    INTERLINC MORTGAGE SERVICES, LLC 1 5.88% $6,497

    Nogales Average Closing Costs & Other Stats

    Nogales, AZ's 87 lenders originated 1,015 loans during 2022. The total origination value was $229,855,000, with an average loan value of $226,458.

    Nogales's average closing costs are $4,864.

    The top Nogales lender as defined by loan originations is SUNSTREET MORTGAGE, LLC, with 63 loans originated. Their average total fees are $5,362, which is $1,438 higher than the next largest lender, ALTITUDE FINANCIAL CORPORATION.

    The lowest fee Nogales lenders (with over 10 loans originated) are ALTITUDE FINANCIAL CORPORATION ($3,924), NOVA FINANCIAL & INVESTMENT CORPORATION ($4,798), Wells Fargo Bank ($5,293), SUNSTREET MORTGAGE, LLC ($5,362) and GUILD MORTGAGE COMPANY ($6,145).

    The lowest rate Nogales lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (4.07%), Wells Fargo Bank (4.29%), SUNSTREET MORTGAGE, LLC (4.35%), UNITED WHOLESALE MORTGAGE, LLC (4.47%) and QUICKEN LOANS, LLC (4.58%).

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    SUNSTREET MORTGAGE, LLC $90,300,000 $34,670,000 -61.6% 15.1%
    ALTITUDE FINANCIAL CORPORATION $16,605,000 $17,105,000 3.0% 7.4%
    NOVA FINANCIAL & INVESTMENT CORPORATION $21,775,000 $16,225,000 -25.5% 7.1%
    QUICKEN LOANS, LLC $29,420,000 $15,275,000 -48.1% 6.6%
    AMERICAN PACIFIC MORTGAGE CORPORATION $11,150,000 n/a 4.9%
    UNITED WHOLESALE MORTGAGE, LLC $13,080,000 $8,375,000 -36.0% 3.6%
    Wells Fargo Bank $7,685,000 $6,280,000 -18.3% 2.7%
    LOANDEPOT.COM, LLC $10,505,000 $6,220,000 -40.8% 2.7%
    GUILD MORTGAGE COMPANY $4,785,000 $5,565,000 16.3% 2.4%
    PENNYMAC LOAN SERVICES, LLC $7,975,000 $4,925,000 -38.2% 2.1%
    Zions Bancorporation, N.A. $3,515,000 $4,390,000 24.9% 1.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,415,000 $4,375,000 -19.2% 1.9%
    Washington Federal Bank $1,995,000 $4,245,000 112.8% 1.8%
    CROSSCOUNTRY MORTGAGE, LLC $1,300,000 $3,645,000 180.4% 1.6%
    Neighborhood Loans, Inc. $145,000 $3,600,000 2,382.8% 1.6%
    JPMorgan Chase Bank $5,340,000 $3,295,000 -38.3% 1.4%
    Mortgage Research Center, LLC $2,860,000 $2,945,000 3.0% 1.3%
    BROKER SOLUTIONS, INC. $1,215,000 $2,530,000 108.2% 1.1%
    CMG MORTGAGE, INC. $1,270,000 $2,460,000 93.7% 1.1%
    V.I.P. MORTGAGE, INC. $2,805,000 $2,400,000 -14.4% 1.0%
    MORIA DEVELOPMENT, INC. $1,640,000 $2,260,000 37.8% 1.0%
    FREEDOM MORTGAGE CORPORATION $8,725,000 $2,245,000 -74.3% 1.0%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $530,000 $2,180,000 311.3% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $2,665,000 $2,050,000 -23.1% 0.9%
    Flagstar Bank, FSB $1,040,000 $1,900,000 82.7% 0.8%
    NEWREZ LLC $2,440,000 $1,700,000 -30.3% 0.7%
    Prosperity Home Mortgage, LLC $1,105,000 $1,675,000 51.6% 0.7%
    NAVY FEDERAL CREDIT UNION $1,875,000 $1,610,000 -14.1% 0.7%
    INTERLINC MORTGAGE SERVICES, LLC $420,000 $1,500,000 257.1% 0.7%
    AMERISAVE MORTGAGE CORPORATION $2,965,000 $1,470,000 -50.4% 0.6%
    BETTER MORTGAGE CORPORATION $1,420,000 $1,455,000 2.5% 0.6%
    MOVEMENT MORTGAGE, LLC $750,000 $1,455,000 94.0% 0.6%
    U.S. Bank $1,520,000 $1,410,000 -7.2% 0.6%
    CALIBER HOME LOANS, INC. $2,255,000 $1,385,000 -38.6% 0.6%
    AMERICAN FINANCING CORPORATION $145,000 $1,290,000 789.7% 0.6%
    Bank of America $815,000 $1,165,000 42.9% 0.5%
    Morgan Stanley Private Bank $1,120,000 n/a 0.5%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $1,120,000 n/a 0.5%
    USAA Federal Savings Bank $1,295,000 $1,080,000 -16.6% 0.5%
    AMERICAN ADVISORS GROUP $465,000 $990,000 112.9% 0.4%
    LOANPAL, LLC $745,000 $965,000 29.5% 0.4%
    UMB Bank $965,000 n/a 0.4%
    Paramount Residential Mortgage Group, Inc. $940,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $680,000 $895,000 31.6% 0.4%
    CHERRY CREEK MORTGAGE, LLC $265,000 $880,000 232.1% 0.4%
    PNC Bank $785,000 $835,000 6.4% 0.4%
    Western State Bank $800,000 n/a 0.3%
    HOME POINT FINANCIAL CORPORATION $2,360,000 $785,000 -66.7% 0.3%
    Truist $765,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $470,000 $760,000 61.7% 0.3%
    Watermark Capital, Inc. $225,000 $760,000 237.8% 0.3%
    Umpqua Bank $265,000 $740,000 179.2% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $605,000 $725,000 19.8% 0.3%
    SOVEREIGN LENDING GROUP INCORPORATED $760,000 $725,000 -4.6% 0.3%
    HUGHES FEDERAL CREDIT UNION $145,000 $680,000 369.0% 0.3%
    GUARANTEED RATE, INC. $5,335,000 $665,000 -87.5% 0.3%
    The Federal Savings Bank $530,000 $665,000 25.5% 0.3%
    GSF Mortgage Corporation $860,000 $645,000 -25.0% 0.3%
    GENEVA FINANCIAL, LLC $1,625,000 $620,000 -61.8% 0.3%
    AmeriHome Mortgage Company, LLC $855,000 $575,000 -32.7% 0.3%
    AMERICAN INTERNET MORTGAGE, INC. $490,000 $555,000 13.3% 0.2%
    NEW DAY FINANCIAL, LLC $1,555,000 $540,000 -65.3% 0.2%
    CLEARPATH LENDING $1,575,000 $510,000 -67.6% 0.2%
    TUCSON $25,000 $505,000 1,920.0% 0.2%
    AMCAP MORTGAGE, LTD. $215,000 $500,000 132.6% 0.2%
    VANTAGE WEST $1,250,000 $500,000 -60.0% 0.2%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $365,000 $485,000 32.9% 0.2%
    Financial Funding Solutions, Inc. $455,000 n/a 0.2%
    Lend Smart Mortgage, LLC $1,430,000 $450,000 -68.5% 0.2%
    SPRING EQ, LLC $450,000 n/a 0.2%
    Ally Bank $1,350,000 $435,000 -67.8% 0.2%
    NBKC BANK $430,000 n/a 0.2%
    Semper Home Loans, Inc. $425,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $355,000 $420,000 18.3% 0.2%
    BAY EQUITY LLC $600,000 $415,000 -30.8% 0.2%
    Bell Bank $405,000 n/a 0.2%
    STEARNS LENDING, LLC $135,000 $390,000 188.9% 0.2%
    VILLAGE CAPITAL MORTGAGE $670,000 $380,000 -43.3% 0.2%
    Northpointe Bank $375,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $165,000 $360,000 118.2% 0.2%
    SUMMIT FUNDING, INC. $415,000 $360,000 -13.3% 0.2%
    MANN FINANCIAL INC. $355,000 n/a 0.2%
    ON Q FINANCIAL, INC. $345,000 n/a 0.2%
    Heritage Bank $335,000 n/a 0.1%
    INB $165,000 $335,000 103.0% 0.1%
    First Credit Union $365,000 $330,000 -9.6% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $325,000 n/a 0.1%
    Magnolia Bank $425,000 $320,000 -24.7% 0.1%
    LAND HOME FINANCIAL SERVICES, INC. $315,000 n/a 0.1%
    Bank of Colorado $395,000 $305,000 -22.8% 0.1%
    Bethpage Federal Credit Union $305,000 n/a 0.1%
    Canyon State Credit Union $150,000 $305,000 103.3% 0.1%
    EVERETT FINANCIAL, INC. $185,000 $305,000 64.9% 0.1%
    SOFI LENDING CORP. $305,000 n/a 0.1%
    First Guaranty Mortgage Corporation $395,000 $295,000 -25.3% 0.1%
    Citadel Servicing Corporation $285,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $1,480,000 $285,000 -80.7% 0.1%
    Nations Lending Corporation $1,075,000 $285,000 -73.5% 0.1%
    DHI MORTGAGE COMPANY, LTD. $275,000 n/a 0.1%
    SUN AMERICAN MORTGAGE COMPANY $275,000 n/a 0.1%
    CONSUMERS COOPERATIVE CREDIT UNION $265,000 n/a 0.1%
    Equity Prime Mortgage LLC $95,000 $265,000 178.9% 0.1%
    RESIDENTIAL BANCORP. $265,000 n/a 0.1%
    STARBOARD FINANCIAL MANAGEMENT, LLC $635,000 $265,000 -58.3% 0.1%
    BMO Harris Bank $195,000 $260,000 33.3% 0.1%
    MOUNTAIN AMERICA $205,000 $260,000 26.8% 0.1%
    ACADEMY MORTGAGE CORPORATION $675,000 $245,000 -63.7% 0.1%
    TOP FLITE FINANCIAL, INC. $245,000 n/a 0.1%
    UNION HOME MORTGAGE CORP. $245,000 n/a 0.1%
    EAGLE HOME MORTGAGE, LLC $235,000 n/a 0.1%
    UBS Bank USA $235,000 n/a 0.1%
    PREMIA MORTGAGE, LLC $225,000 n/a 0.1%
    Quontic Bank $445,000 $225,000 -49.4% 0.1%
    Strong Home Mortgage, LLC $255,000 $225,000 -11.8% 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,220,000 $220,000 -82.0% 0.1%
    Carrington Mortgage Services, LLC $720,000 $220,000 -69.4% 0.1%
    Discover Bank $105,000 $220,000 109.5% 0.1%
    MLD MORTGAGE INC. $350,000 $215,000 -38.6% 0.1%
    American Southwest Credit Union $210,000 n/a 0.1%
    First American Bank $2,155,000 $205,000 -90.5% 0.1%
    KINECTA $205,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $205,000 n/a 0.1%
    PIMA Federal Credit Union $4,330,000 $205,000 -95.3% 0.1%
    Figure Lending LLC $170,000 $200,000 17.6% 0.1%
    NFM, INC. $350,000 $195,000 -44.3% 0.1%
    ALLIANT CREDIT UNION $75,000 $185,000 146.7% 0.1%
    M&T Bank $520,000 $175,000 -66.3% 0.1%
    DEEPHAVEN MORTGAGE LLC $165,000 n/a 0.1%
    Lakeview Community Capital, LLC $290,000 $160,000 -44.8% 0.1%
    Amerifirst Financial, Inc. $240,000 $155,000 -35.4% 0.1%
    Charles Schwab Bank, SSB $155,000 n/a 0.1%
    FirstBank $155,000 n/a 0.1%
    First Interstate Bank $275,000 $155,000 -43.6% 0.1%
    OneAZ Credit Union $250,000 $155,000 -38.0% 0.1%
    KeyBank $295,000 $135,000 -54.2% 0.1%
    PHH Mortgage Corporation $135,000 n/a 0.1%
    DIRECT MORTGAGE, CORP. $105,000 n/a 0.0%
    STAR ONE CREDIT UNION $105,000 n/a 0.0%
    LONGBRIDGE FINANCIAL, LLC $95,000 n/a 0.0%
    GEORGIA'S OWN $85,000 n/a 0.0%
    BayCoast Bank $75,000 n/a 0.0%
    Boeing Employees Credit Union $65,000 n/a 0.0%
    CREDIT UNION WEST $55,000 $65,000 18.2% 0.0%
    DESERT FINANCIAL FEDERAL CREDIT UNION $45,000 n/a 0.0%
    ARIZONA $15,000 $35,000 133.3% 0.0%
    Bank of the West $25,000 n/a 0.0%
    AMERICA FIRST $155,000 $5,000 -96.8% 0.0%

    Nogales's top lender by overall market share is SUNSTREET MORTGAGE, LLC, with 15.1% market share. In second place, with 7.4%, is ALTITUDE FINANCIAL CORPORATION, having originated $17,105,000 in loans. In third place, with 7.1%, is NOVA FINANCIAL & INVESTMENT CORPORATION, having originated $16,225,000 in loans. In fourth place, with 6.6%, is QUICKEN LOANS, LLC, having originated $15,275,000 in loans. In fifth place, with 4.9%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $11,150,000 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 $326,000 (9.0%) $493,497 (7.3%) 0.00 266
    2019-04-01 $339,950 (13.4%) $511,515 (8.4%) 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 $308,500 (1.2%) $485,178 (-5.2%) 0.00 255
    2019-09-01 $299,000 (-0.3%) $465,921 (-3.8%) 0.00 228
    2019-10-01 $305,000 (0.0%) $453,768 (-5.1%) 0.00 238
    2019-11-01 $329,000 (2.3%) $470,494 (-8.2%) 0.00 233
    2019-12-01 $328,750 (4.5%) $467,746 (-6.1%) 0.00 232
    2020-01-01 $329,250 (5.9%) $518,558 (3.7%) 0.00 231
    2020-02-01 $360,000 (16.1%) $553,027 (15.8%) 0.00 213
    2020-03-01 $372,225 (14.2%) $613,389 (24.3%) 0.00 209
    2020-04-01 $380,000 (11.8%) $640,957 (25.3%) 0.00 200
    2020-05-01 $376,500 (15.1%) $651,760 (26.7%) 0.00 189
    2020-06-01 $371,250 (14.2%) $669,182 (32.3%) 0.00 172
    2020-07-01 $389,000 (22.6%) $699,566 (40.4%) 0.00 157
    2020-08-01 $399,000 (29.3%) $714,616 (47.3%) 0.00 139
    2020-09-01 $354,000 (18.4%) $717,126 (53.9%) 0.00 138
    2020-10-01 $354,500 (16.2%) $716,116 (57.8%) 0.00 127
    2020-11-01 $393,000 (19.5%) $743,491 (58.0%) 0.00 122
    2020-12-01 $379,500 (15.4%) $729,912 (56.1%) 0.00 115
    2021-01-01 $399,000 (21.2%) $714,602 (37.8%) 0.00 113
    2021-02-01 $392,250 (9.0%) $709,097 (28.2%) 0.00 105
    2021-03-01 $500,128 (34.4%) $847,986 (38.3%) 0.00 83
    2021-04-01 $495,623 (30.4%) $806,567 (25.8%) 0.00 91
    2021-05-01 $499,995 (32.8%) $834,806 (28.1%) 0.00 82
    2021-06-01 $474,450 (27.8%) $810,036 (21.1%) 0.00 86
    2021-07-01 $431,500 (10.9%) $722,596 (3.3%) 0.00 87
    2021-08-01 $437,500 (9.7%) $702,094 (-1.8%) 0.00 86
    2021-09-01 $425,000 (20.1%) $681,654 (-5.0%) 0.00 93
    2021-10-01 $385,000 (8.6%) $656,672 (-8.3%) 0.00 100
    2021-11-01 $364,925 (-7.1%) $634,667 (-14.6%) 0.00 109
    2021-12-01 $393,500 (3.7%) $645,627 (-11.6%) 0.00 102
    2022-01-01 $424,950 (6.5%) $677,003 (-5.3%) 0.00 101
    2022-02-01 $444,250 (13.3%) $668,032 (-5.8%) 0.00 102
    2022-03-01 $451,750 (-9.7%) $720,421 (-15.0%) 0.00 97
    2022-04-01 $385,000 (-22.3%) $689,487 (-14.5%) 0.00 92
    2022-05-01 $386,000 (-22.8%) $708,969 (-15.1%) 0.00 89
    2022-06-01 $388,500 (-18.1%) $677,869 (-16.3%) 0.00 95
    2022-07-01 $382,250 (-11.4%) $631,613 (-12.6%) 0.00 114
    2022-08-01 $354,450 (-19.0%) $571,658 (-18.6%) 0.00 143
    2022-09-01 $349,975 (-17.7%) $571,860 (-16.1%) 0.00 141
    2022-10-01 $350,000 (-9.1%) $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 (-23.6%) $577,777 (-19.8%) 0.00 154
    2023-04-01 $330,000 (-14.3%) $536,380 (-22.2%) 0.00 170
    Nogales's median listing price for 2023-04-01 was $330,000, a difference of $-55,000 (-14.3%) versus the prior year and $-15,000 versus the prior month.

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

    Nogales's average listing price for 2023-04-01 was $536,380, a difference of $-153,107 (-22.2%) versus the prior year and $-41,397 versus the prior month.

    For the 2023-04-01 period, Nogales had 170 MLS listings, a difference of 16 listings (10%) versus the prior month and 78 listings (85%) 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 2,285 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 2,264 sqft
    2019-09-01 0 days 2,221 sqft
    2019-10-01 0 days 2,135 sqft
    2019-11-01 0 days 2,146 sqft
    2019-12-01 0 days 2,107 sqft
    2020-01-01 0 days 2,145 sqft
    2020-02-01 0 days 2,199 sqft
    2020-03-01 0 days 2,197 sqft
    2020-04-01 0 days 2,173 sqft
    2020-05-01 0 days 2,247 sqft
    2020-06-01 0 days 2,209 sqft
    2020-07-01 0 days 2,364 sqft
    2020-08-01 0 days 2,325 sqft
    2020-09-01 0 days 2,347 sqft
    2020-10-01 0 days 2,194 sqft
    2020-11-01 0 days 2,332 sqft
    2020-12-01 0 days 2,233 sqft
    2021-01-01 0 days 2,231 sqft
    2021-02-01 0 days 2,303 sqft
    2021-03-01 0 days 2,727 sqft
    2021-04-01 0 days 2,588 sqft
    2021-05-01 0 days 2,349 sqft
    2021-06-01 0 days 2,377 sqft
    2021-07-01 0 days 2,337 sqft
    2021-08-01 0 days 2,341 sqft
    2021-09-01 0 days 2,440 sqft
    2021-10-01 0 days 2,249 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 2,211 sqft
    2022-04-01 0 days 2,185 sqft
    2022-05-01 0 days 2,157 sqft
    2022-06-01 0 days 2,159 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
    Nogales's median listing age (time on market) for 2023-04-01 was 0 days.

    Nogales's median square footage for active listings during the 2023-04-01 period was 1,777 sqft. One year prior, the average listing was 2,185 sqft.

    Nogales, AZ Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 512 $139,620,000 $272,695
    Cash Out Refi 293 $57,075,000 $194,795
    Refi 118 $23,240,000 $196,949
    Other 50 $6,190,000 $123,800
    Home Improvement 42 $3,730,000 $88,810

    Nogales's most frequently cited loan purpose was Home Purchase, with 512 originations. The 2nd most popular reason was Cash Out Refi, with 293 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 319 $73,645,000 $230,862
    5-6% 230 $54,470,000 $236,826
    4-5% 215 $49,915,000 $232,163
    6-7% 104 $22,750,000 $218,750
    2.5-3% 62 $15,220,000 $245,484
    7-8% 34 $7,200,000 $211,765
    <2.5% 32 $5,480,000 $171,250
    Over 8% 12 $670,000 $55,833

    During 2022, Nogales's most frequently originated rate bucket was 3-4%, with 319 originations.

    Loan Sizing (Nogales, AZ MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 461 $124,385,000 $269,816
    $100k-200k 341 $52,375,000 $153,592
    $100,000 or less 132 $8,290,000 $62,803
    $400k-600k 63 $29,745,000 $472,143
    $600k-1000k 14 $10,100,000 $721,429
    $Over $1MM 4 $4,960,000 $1,240,000

    Nogales's loan sizing saw the bucket of loans from $200k-400k with 461 originations, totaling $124,385,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 378 $100,870,000 $266,852
    60-80% 284 $70,940,000 $249,789
    40-60% 141 $28,325,000 $200,887
    20-40% 96 $10,600,000 $110,417
    Under 20% 50 $2,490,000 $49,800
    Over 100% 30 $9,330,000 $311,000

    Nogales's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 378 originations, totaling $100,870,000 in origination value.