Nogales Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Nogales averaged 6.39% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.15% and one month ago for the week of 2024-08-29, the average rate was 6.52%.

Nogales's average rate one year ago was 7.58%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.72%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Nogales 30 Year Fixed Rate 2024-10-03 6.39%
Nogales 30 Year Fixed Rate Refi 2024-10-03 6.72%
Nogales 15 Year Fixed Rate 2024-10-03 5.25%
Nogales 15 Year Fixed Rate Refi 2024-10-03 5.35%
Nogales 30 Year FHA 2024-10-03 5.67%
Nogales 30 Year FHA Refi 2024-10-03 5.99%
Nogales 30 Year USDA 2024-10-03 5.97%
Nogales 30 Year USDA Refi 2024-10-03 5.97%
Nogales 30 Year VA 2024-10-03 5.7%
Nogales 30 Year VA Refi 2024-10-03 5.7%
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
Nogales's median listing price for 2024-09-01 was $387,025, a difference of $12,025 (3.2%) versus the prior year and $-2,475 versus the prior month.

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

Nogales's average listing price for 2024-09-01 was $850,901, a difference of $98,305 (13.1%) versus the prior year and $-18,956 versus the prior month.

For the 2024-09-01 period, Nogales had 217 MLS listings, a difference of 18 listings (9%) versus the prior month and 38 listings (21%) 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
Nogales's median listing age (time on market) for 2024-09-01 was 0 days.

Nogales's median square footage for active listings during the 2024-09-01 period was 1,847 sqft. One year prior, the average listing was 1,906 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.