Roanoke Rapids Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Roanoke Rapids averaged 6.27% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 5.97% and one month ago for the week of 2024-09-05, the average rate was 6%.

Roanoke Rapids's average rate one year ago was 7.24%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.32%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Roanoke Rapids 30 Year Fixed Rate 2024-10-10 6.27%
Roanoke Rapids 30 Year Fixed Rate Refi 2024-10-10 6.32%
Roanoke Rapids 15 Year Fixed Rate 2024-10-10 5.61%
Roanoke Rapids 15 Year Fixed Rate Refi 2024-10-10 6.01%
Roanoke Rapids 30 Year FHA 2024-10-10 5.84%
Roanoke Rapids 30 Year FHA Refi 2024-10-10 6.1%
Roanoke Rapids 30 Year USDA 2024-10-10 5.98%
Roanoke Rapids 30 Year USDA Refi 2024-10-10 6.08%
Roanoke Rapids 30 Year VA 2024-10-10 5.95%
Roanoke Rapids 30 Year VA Refi 2024-10-10 5.75%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Roanoke Rapids, NC.

Roanoke Rapids 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 Roanoke Rapids, NC 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
STATE EMPLOYEES' 68 6.01% $3,759
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 27 6.94% $7,336
QUICKEN LOANS, LLC 12 6.75% $6,897
Truist 9 6.60% $4,208
LOCAL GOVERNMENT FEDERAL CREDIT UNION 7 5.72% $3,874
Southern Bank and Trust Company 6 6.33% $3,069
JPMorgan Chase Bank 6 6.64% $5,129
Benchmark Community Bank 5 5.82% $2,046
VANDERBILT MORTGAGE AND FINANCE, INC. 4 8.31% $6,409
NAVY FEDERAL CREDIT UNION 4 6.78% $5,312
MOVEMENT MORTGAGE, LLC 3 7.77% $4,897
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.25% $5,897
USAA Federal Savings Bank 3 6.96% $5,753
Paramount Residential Mortgage Group, Inc. 2 6.00% $4,456
INTERCOASTAL MORTGAGE COMPANY 2 6.50% $5,142
AgCarolina Farm Credit, FLCA 2 8.23% $7,258
UNITED WHOLESALE MORTGAGE, LLC 2 6.69% $5,506
U.S. Bank 2 6.63% $3,470
First-Citizens Bank & Trust Company 2 7.06% $4,492
Bank of America 2 6.25% $6,177
Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $2,542
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.25% $11,144
NEWREZ LLC 1 7.38% $4,669
NFM, INC. 1 6.63% $6,248
Northpointe Bank 1 6.99% $4,692
Northwest Federal Credit Union 1 8.25% $4,907
PENNYMAC LOAN SERVICES, LLC 1 6.62% $4,359
PENTAGON FEDERAL CREDIT UNION 1 6.75% $2,955
Pinnacle Bank 1 5.88% $2,334
PNC Bank 1 6.50% $5,092
ROYAL UNITED MORTGAGE LLC 1 7.50% $6,636
TD Bank 1 6.38% $8,144
Tidewater Home Funding, LLC 1 5.63% $13,362
UNION HOME MORTGAGE CORP. 1 6.63% $4,071
Uwharrie Bank 1 6.63% $3,525
Waterstone Mortgage Corporation 1 6.75% $4,225
Wells Fargo Bank 1 6.38% $3,974
ACADEMY MORTGAGE CORPORATION 1 7.63% $3,945
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 1 6.13% $3,484
Alcova Mortgage LLC 1 6.63% $1,182
AMERICAN FINANCIAL RESOURCES, INC. 1 6.25% $5,597
Armed Forces Bank 1 7.00% $5,675
Atlantic Coast Mortgage, LLC 1 6.13% $5,762
BAY-VALLEY MORTGAGE GROUP 1 7.00% $23,320
BETTER MORTGAGE CORPORATION 1 6.75% $3,090
BNY Mellon 1 5.75% $3,527
BROKER SOLUTIONS, INC. 1 7.38% $4,055
CARDINAL FINANCIAL 1 7.13% $20,867
C & F Mortgage Corporation 1 6.88% $7,096
First Horizon Bank 1 8.88% $3,955
First National Bank of Pennsylvania 1 5.63% $4,255
Florida Capital Bank 1 6.50% $6,653
LIBERTY HOME MORTGAGE CORPORATION 1 7.13% $12,120
Meridian Bank Corporation 1 7.63% $5,103
MICHIGAN MUTUAL, INC. 1 6.99% $4,168
Mortgage Assurance Inc. 1 6.13% $9,952
MORTGAGE INVESTORS GROUP, INC. 1 8.38% $3,954
Mortgage Research Center, LLC 1 6.99% $12,271

Roanoke Rapids Average Closing Costs & Other Stats

Roanoke Rapids, NC's 58 lenders originated 727 loans during 2023. The total origination value was $121,745,000, with an average loan value of $167,462.

Roanoke Rapids's average closing costs are $4,616.

The top Roanoke Rapids lender as defined by loan originations is STATE EMPLOYEES', with 68 loans originated. Their average total fees are $3,759, which is $3,577 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

The lowest fee Roanoke Rapids lenders (with over 10 loans originated) are STATE EMPLOYEES' ($3,759), QUICKEN LOANS, LLC ($6,897), ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($7,336), .

The lowest rate Roanoke Rapids lenders (with over 10 loans originated) are STATE EMPLOYEES' (6.01%), QUICKEN LOANS, LLC (6.75%), ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.94%), .

Roanoke Rapids, NC 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
STATE EMPLOYEES' $27,440,000 $21,365,000 -22.1% 17.5%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $13,110,000 $14,430,000 10.1% 11.9%
QUICKEN LOANS, LLC $10,360,000 $7,220,000 -30.3% 5.9%
Truist $8,730,000 $5,155,000 -41.0% 4.2%
Southern Bank and Trust Company $4,370,000 $4,500,000 3.0% 3.7%
Benchmark Community Bank $3,975,000 $3,900,000 -1.9% 3.2%
Mortgage Research Center, LLC $5,865,000 $3,695,000 -37.0% 3.0%
Touchstone Bank $1,850,000 $3,320,000 79.5% 2.7%
INTERCOASTAL MORTGAGE COMPANY $2,075,000 $2,715,000 30.8% 2.2%
PNC Bank $2,975,000 $2,425,000 -18.5% 2.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $2,855,000 $2,420,000 -15.2% 2.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,635,000 $2,235,000 -15.2% 1.8%
JPMorgan Chase Bank $285,000 $2,000,000 601.8% 1.6%
Bank of America $1,360,000 $1,520,000 11.8% 1.2%
NEW DAY FINANCIAL, LLC $210,000 $1,490,000 609.5% 1.2%
First-Citizens Bank & Trust Company $6,425,000 $1,455,000 -77.4% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,095,000 $1,450,000 32.4% 1.2%
21ST MORTGAGE CORPORATION $735,000 $1,275,000 73.5% 1.0%
MOVEMENT MORTGAGE, LLC $2,465,000 $1,250,000 -49.3% 1.0%
BROKER SOLUTIONS, INC. $1,805,000 $1,150,000 -36.3% 0.9%
NAVY FEDERAL CREDIT UNION $1,980,000 $995,000 -49.7% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $920,000 $985,000 7.1% 0.8%
COASTAL Federal Credit Union $1,845,000 $930,000 -49.6% 0.8%
UNITED WHOLESALE MORTGAGE, LLC $2,325,000 $900,000 -61.3% 0.7%
CARDINAL FINANCIAL $630,000 $895,000 42.1% 0.7%
MUTUAL OF OMAHA MORTGAGE, INC. $115,000 $885,000 669.6% 0.7%
WaterStone Bank, SSB $875,000 n/a 0.7%
Waterstone Mortgage Corporation $875,000 n/a 0.7%
USAA Federal Savings Bank $295,000 $870,000 194.9% 0.7%
AgCarolina Farm Credit, FLCA $85,000 $840,000 888.2% 0.7%
NFM, INC. $395,000 $825,000 108.9% 0.7%
The Fidelity Bank $1,495,000 $820,000 -45.2% 0.7%
Paramount Residential Mortgage Group, Inc. $2,960,000 $765,000 -74.2% 0.6%
PENNYMAC LOAN SERVICES, LLC $355,000 $735,000 107.0% 0.6%
Tidewater Home Funding, LLC $645,000 $730,000 13.2% 0.6%
LIBERTY HOME MORTGAGE CORPORATION $725,000 n/a 0.6%
AMERISAVE MORTGAGE CORPORATION $1,135,000 $720,000 -36.6% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $135,000 $700,000 418.5% 0.6%
TD Bank $2,235,000 $685,000 -69.4% 0.6%
GUARANTEED RATE, INC. $640,000 $635,000 -0.8% 0.5%
1ST SIGNATURE LENDING, LLC $620,000 n/a 0.5%
Armed Forces Bank $595,000 n/a 0.5%
BNY Mellon $595,000 n/a 0.5%
BAY-VALLEY MORTGAGE GROUP $575,000 n/a 0.5%
PENTAGON FEDERAL CREDIT UNION $160,000 $570,000 256.3% 0.5%
Alcova Mortgage LLC $1,315,000 $560,000 -57.4% 0.5%
Flagstar Bank, FSB $890,000 $560,000 -37.1% 0.5%
Mortgage Assurance Inc. $525,000 n/a 0.4%
Summit Credit Union $485,000 n/a 0.4%
TIDEWATER MORTGAGE SERVICES, INC. $65,000 $445,000 584.6% 0.4%
Wells Fargo Bank $1,065,000 $440,000 -58.7% 0.4%
CHARLOTTE METRO FEDERAL CREDIT UNION $425,000 n/a 0.3%
The Federal Savings Bank $980,000 $425,000 -56.6% 0.3%
Barrington Bank & Trust Company, N.A. $415,000 n/a 0.3%
Discover Bank $55,000 $410,000 645.5% 0.3%
SOUTHWEST STAGE FUNDING, LLC $620,000 $410,000 -33.9% 0.3%
C & F Mortgage Corporation $405,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $400,000 n/a 0.3%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $395,000 n/a 0.3%
BETTER MORTGAGE CORPORATION $1,410,000 $385,000 -72.7% 0.3%
First Horizon Bank $1,390,000 $385,000 -72.3% 0.3%
FIDELITY DIRECT MORTGAGE, LLC $355,000 n/a 0.3%
NEWREZ LLC $110,000 $345,000 213.6% 0.3%
New Republic Savings Bank $340,000 n/a 0.3%
FREEDOM MORTGAGE CORPORATION $470,000 $330,000 -29.8% 0.3%
First National Bank of Pennsylvania $2,180,000 $320,000 -85.3% 0.3%
GUILD MORTGAGE COMPANY $165,000 $300,000 81.8% 0.2%
U.S. Bank $2,830,000 $295,000 -89.6% 0.2%
CMG MORTGAGE, INC. $175,000 $290,000 65.7% 0.2%
Towne Mortgage of the Carolinas, LLC $645,000 $285,000 -55.8% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $485,000 $280,000 -42.3% 0.2%
Blue Ridge Bank $830,000 $255,000 -69.3% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $250,000 n/a 0.2%
Florida Capital Bank $245,000 n/a 0.2%
Plains Commerce Bank $245,000 n/a 0.2%
LOANDEPOT.COM, LLC $1,375,000 $240,000 -82.5% 0.2%
ACADEMY MORTGAGE CORPORATION $95,000 $235,000 147.4% 0.2%
TRIAD FINANCIAL SERVICES, INC. $235,000 n/a 0.2%
LADERA LENDING, INC. $225,000 n/a 0.2%
Renasant Bank $225,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $225,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $125,000 $220,000 76.0% 0.2%
DELMAR FINANCIAL COMPANY $205,000 n/a 0.2%
Northpointe Bank $305,000 $205,000 -32.8% 0.2%
Bank of England $155,000 $195,000 25.8% 0.2%
HOMESIDE FINANCIAL, LLC $525,000 $175,000 -66.7% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $175,000 n/a 0.1%
American Security Mortgage Corp. $165,000 n/a 0.1%
Atlantic Coast Mortgage, LLC $165,000 n/a 0.1%
HOMESPIRE MORTGAGE CORPORATION $160,000 n/a 0.1%
CityWorth Mortgage LLC $155,000 n/a 0.1%
Truliant Federal Credit Union $865,000 $155,000 -82.1% 0.1%
Uwharrie Bank $455,000 $155,000 -65.9% 0.1%
Figure Lending LLC $200,000 $150,000 -25.0% 0.1%
MICHIGAN MUTUAL, INC. $145,000 n/a 0.1%
CORNERSTONE HOME LENDING, INC. $1,135,000 $135,000 -88.1% 0.1%
Secured Investment Corp. $135,000 n/a 0.1%
MORTGAGE INVESTORS GROUP, INC. $125,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $120,000 n/a 0.1%
A&D Mortgage LLC $290,000 $115,000 -60.3% 0.1%
AMERICAN FINANCING CORPORATION $365,000 $115,000 -68.5% 0.1%
The Park National Bank $115,000 n/a 0.1%
DAS Acquisition Company, LLC $105,000 n/a 0.1%
DIGITAL Federal Credit Union $105,000 n/a 0.1%
RUOFF MORTGAGE COMPANY, INC. $75,000 $105,000 40.0% 0.1%
PHH Mortgage Corporation $95,000 n/a 0.1%
Bronco Federal Credit Union $170,000 $85,000 -50.0% 0.1%
LENDINGHOME FUNDING CORPORATION $55,000 $85,000 54.5% 0.1%
Meridian Bank Corporation $75,000 n/a 0.1%
North State Bank $75,000 n/a 0.1%
Northwest Federal Credit Union $285,000 $75,000 -73.7% 0.1%
Citizens Bank and Trust Company $55,000 n/a 0.0%
Pinnacle Bank $45,000 n/a 0.0%
Bethpage Federal Credit Union $35,000 n/a 0.0%
SPRING EQ, LLC $35,000 n/a 0.0%

Roanoke Rapids's top lender by overall market share is STATE EMPLOYEES', with 17.5% market share. In second place, with 11.9%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $14,430,000 in loans. In third place, with 5.9%, is QUICKEN LOANS, LLC, having originated $7,220,000 in loans. In fourth place, with 4.2%, is Truist, having originated $5,155,000 in loans. In fifth place, with 3.7%, is Southern Bank and Trust Company, having originated $4,500,000 in loans.


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

Realtor.com - Roanoke Rapids (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 $149,925 (0.0%) $236,266 (-3.9%) 0.00 265
2018-02-01 $153,950 (-12.4%) $242,547 (-4.9%) 0.00 267
2018-03-01 $169,900 (-8.4%) $246,321 (-5.7%) 0.00 283
2018-04-01 $180,550 (-2.4%) $262,551 (-1.4%) 0.00 285
2018-05-01 $167,450 (-13.0%) $261,191 (-2.8%) 0.00 293
2018-06-01 $165,000 (-5.0%) $249,377 (-2.1%) 0.00 286
2018-07-01 $156,700 (-2.5%) $245,790 (1.2%) 0.00 282
2018-08-01 $147,425 (-15.8%) $235,040 (-7.3%) 0.00 280
2018-09-01 $139,900 (-21.8%) $224,663 (-12.5%) 0.00 293
2018-10-01 $139,900 (-21.4%) $223,370 (-9.7%) 0.00 274
2018-11-01 $136,225 (-24.3%) $220,026 (-13.0%) 0.00 264
2018-12-01 $129,900 (-27.4%) $204,059 (-19.2%) 0.00 263
2019-01-01 $134,975 (-10.0%) $218,162 (-7.7%) 0.00 259
2019-02-01 $137,250 (-10.9%) $228,884 (-5.6%) 0.00 265
2019-03-01 $152,571 (-10.2%) $237,452 (-3.6%) 0.00 265
2019-04-01 $168,750 (-6.5%) $247,543 (-5.7%) 0.00 264
2019-05-01 $185,350 (10.7%) $275,915 (5.6%) 0.00 262
2019-06-01 $205,000 (24.2%) $292,361 (17.2%) 0.00 250
2019-07-01 $199,675 (27.4%) $280,084 (14.0%) 0.00 236
2019-08-01 $194,118 (31.7%) $272,285 (15.9%) 0.00 227
2019-09-01 $186,120 (33.0%) $265,238 (18.1%) 0.00 224
2019-10-01 $180,789 (29.2%) $260,235 (16.5%) 0.00 224
2019-11-01 $188,500 (38.4%) $268,578 (22.1%) 0.00 227
2019-12-01 $188,625 (45.2%) $270,115 (32.4%) 0.00 226
2020-01-01 $188,875 (39.9%) $264,260 (21.1%) 0.00 209
2020-02-01 $189,000 (37.7%) $273,705 (19.6%) 0.00 193
2020-03-01 $186,000 (21.9%) $280,383 (18.1%) 0.00 203
2020-04-01 $179,500 (6.4%) $280,381 (13.3%) 0.00 193
2020-05-01 $179,000 (-3.4%) $268,493 (-2.7%) 0.00 169
2020-06-01 $168,575 (-17.8%) $269,787 (-7.7%) 0.00 157
2020-07-01 $175,000 (-12.4%) $268,576 (-4.1%) 0.00 150
2020-08-01 $169,700 (-12.6%) $277,767 (2.0%) 0.00 140
2020-09-01 $169,250 (-9.1%) $310,451 (17.1%) 0.00 139
2020-10-01 $150,000 (-17.0%) $297,267 (14.2%) 0.00 133
2020-11-01 $132,200 (-29.9%) $280,018 (4.3%) 0.00 149
2020-12-01 $146,975 (-22.1%) $291,310 (7.9%) 0.00 128
2021-01-01 $149,900 (-20.6%) $289,741 (9.6%) 0.00 123
2021-02-01 $149,783 (-20.8%) $286,600 (4.7%) 0.00 105
2021-03-01 $152,191 (-18.2%) $301,862 (7.7%) 0.00 88
2021-04-01 $152,450 (-15.1%) $306,829 (9.4%) 0.00 80
2021-05-01 $210,000 (17.3%) $335,753 (25.1%) 0.00 74
2021-06-01 $217,500 (29.0%) $361,206 (33.9%) 0.00 73
2021-07-01 $224,950 (28.5%) $343,205 (27.8%) 0.00 79
2021-08-01 $230,475 (35.8%) $336,017 (21.0%) 0.00 74
2021-09-01 $220,000 (30.0%) $316,727 (2.0%) 0.00 72
2021-10-01 $199,000 (32.7%) $317,058 (6.7%) 0.00 67
2021-11-01 $203,725 (54.1%) $379,391 (35.5%) 0.00 76
2021-12-01 $188,725 (28.4%) $404,403 (38.8%) 0.00 66
2022-01-01 $192,450 (28.4%) $387,997 (33.9%) 0.00 65
2022-02-01 $196,750 (31.4%) $348,670 (21.7%) 0.00 61
2022-03-01 $224,900 (47.8%) $407,704 (35.1%) 0.00 62
2022-04-01 $236,000 (54.8%) $401,567 (30.9%) 0.00 72
2022-05-01 $255,250 (21.6%) $447,797 (33.4%) 0.00 79
2022-06-01 $299,500 (37.7%) $483,889 (34.0%) 0.00 83
2022-07-01 $289,500 (28.7%) $471,946 (37.5%) 0.00 99
2022-08-01 $247,000 (7.2%) $421,283 (25.4%) 0.00 112
2022-09-01 $238,725 (8.5%) $392,414 (23.9%) 0.00 105
2022-10-01 $249,950 (25.6%) $390,411 (23.1%) 0.00 105
2022-11-01 $257,500 (26.4%) $413,673 (9.0%) 0.00 96
2022-12-01 $270,999 (43.6%) $408,931 (1.1%) 0.00 90
2023-01-01 $270,999 (40.8%) $401,451 (3.5%) 0.00 86
2023-02-01 $249,675 (26.9%) $425,949 (22.2%) 0.00 84
2023-03-01 $199,498 (-11.3%) $314,518 (-22.9%) 0.00 83
2023-04-01 $212,900 (-9.8%) $353,709 (-11.9%) 0.00 83
2023-05-01 $230,000 (-9.9%) $326,607 (-27.1%) 0.00 97
2023-06-01 $249,675 (-16.6%) $390,581 (-19.3%) 0.00 100
2023-07-01 $214,000 (-26.1%) $354,574 (-24.9%) 0.00 97
2023-08-01 $199,000 (-19.4%) $332,557 (-21.1%) 0.00 106
2023-09-01 $183,900 (-23.0%) $312,044 (-20.5%) 0.00 96
2023-10-01 $220,250 (-11.9%) $386,340 (-1.0%) 0.00 107
2023-11-01 $220,000 (-14.6%) $385,202 (-6.9%) 0.00 102
2023-12-01 $215,000 (-20.7%) $360,421 (-11.9%) 0.00 103
2024-01-01 $199,675 (-26.3%) $355,300 (-11.5%) 0.00 97
2024-02-01 $199,250 (-20.2%) $328,902 (-22.8%) 0.00 96
2024-03-01 $209,450 (5.0%) $392,241 (24.7%) 0.00 97
2024-04-01 $249,500 (17.2%) $424,366 (20.0%) 0.00 107
2024-05-01 $262,450 (14.1%) $442,883 (35.6%) 0.00 111
2024-06-01 $260,000 (4.1%) $448,075 (14.7%) 0.00 117
2024-07-01 $267,350 (24.9%) $455,818 (28.6%) 0.00 117
2024-08-01 $275,000 (38.2%) $451,748 (35.8%) 0.00 115
2024-09-01 $286,975 (56.1%) $479,948 (53.8%) 0.00 115
Roanoke Rapids's median listing price for 2024-09-01 was $286,975, a difference of $103,075 (56.1%) versus the prior year and $11,975 versus the prior month.

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

Roanoke Rapids's average listing price for 2024-09-01 was $479,948, a difference of $167,904 (53.8%) versus the prior year and $28,200 versus the prior month.

For the 2024-09-01 period, Roanoke Rapids had 115 MLS listings, a difference of 0 listings (0%) versus the prior month and 19 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Roanoke Rapids (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,762 sqft
2018-02-01 0 days 1,795 sqft
2018-03-01 0 days 1,885 sqft
2018-04-01 0 days 1,937 sqft
2018-05-01 0 days 1,849 sqft
2018-06-01 0 days 1,823 sqft
2018-07-01 0 days 1,825 sqft
2018-08-01 0 days 1,823 sqft
2018-09-01 0 days 1,820 sqft
2018-10-01 0 days 1,823 sqft
2018-11-01 0 days 1,822 sqft
2018-12-01 0 days 1,745 sqft
2019-01-01 0 days 1,765 sqft
2019-02-01 0 days 1,748 sqft
2019-03-01 0 days 1,755 sqft
2019-04-01 0 days 1,768 sqft
2019-05-01 0 days 1,831 sqft
2019-06-01 0 days 1,932 sqft
2019-07-01 0 days 1,868 sqft
2019-08-01 0 days 1,823 sqft
2019-09-01 0 days 1,823 sqft
2019-10-01 0 days 1,823 sqft
2019-11-01 0 days 1,823 sqft
2019-12-01 0 days 1,823 sqft
2020-01-01 0 days 1,823 sqft
2020-02-01 0 days 1,823 sqft
2020-03-01 0 days 1,823 sqft
2020-04-01 0 days 1,823 sqft
2020-05-01 0 days 1,806 sqft
2020-06-01 0 days 1,823 sqft
2020-07-01 0 days 1,823 sqft
2020-08-01 0 days 1,809 sqft
2020-09-01 0 days 1,728 sqft
2020-10-01 0 days 1,693 sqft
2020-11-01 0 days 1,567 sqft
2020-12-01 0 days 1,568 sqft
2021-01-01 0 days 1,792 sqft
2021-02-01 0 days 1,754 sqft
2021-03-01 0 days 1,786 sqft
2021-04-01 0 days 1,605 sqft
2021-05-01 0 days 1,823 sqft
2021-06-01 0 days 2,152 sqft
2021-07-01 0 days 1,929 sqft
2021-08-01 0 days 1,873 sqft
2021-09-01 0 days 1,801 sqft
2021-10-01 0 days 1,764 sqft
2021-11-01 0 days 1,856 sqft
2021-12-01 0 days 1,877 sqft
2022-01-01 0 days 1,796 sqft
2022-02-01 0 days 1,826 sqft
2022-03-01 0 days 1,916 sqft
2022-04-01 0 days 1,963 sqft
2022-05-01 0 days 2,035 sqft
2022-06-01 0 days 2,330 sqft
2022-07-01 0 days 2,242 sqft
2022-08-01 0 days 2,167 sqft
2022-09-01 0 days 1,873 sqft
2022-10-01 0 days 1,800 sqft
2022-11-01 0 days 2,033 sqft
2022-12-01 0 days 2,280 sqft
2023-01-01 0 days 2,346 sqft
2023-02-01 0 days 2,177 sqft
2023-03-01 0 days 1,913 sqft
2023-04-01 0 days 1,738 sqft
2023-05-01 0 days 1,748 sqft
2023-06-01 0 days 1,854 sqft
2023-07-01 0 days 1,775 sqft
2023-08-01 0 days 1,783 sqft
2023-09-01 0 days 1,800 sqft
2023-10-01 0 days 1,969 sqft
2023-11-01 0 days 1,815 sqft
2023-12-01 0 days 1,756 sqft
2024-01-01 0 days 1,789 sqft
2024-02-01 0 days 1,731 sqft
2024-03-01 0 days 1,680 sqft
2024-04-01 0 days 1,759 sqft
2024-05-01 0 days 1,736 sqft
2024-06-01 0 days 1,689 sqft
2024-07-01 0 days 1,730 sqft
2024-08-01 0 days 1,728 sqft
2024-09-01 0 days 1,781 sqft
Roanoke Rapids's median listing age (time on market) for 2024-09-01 was 0 days.

Roanoke Rapids's median square footage for active listings during the 2024-09-01 period was 1,781 sqft. One year prior, the average listing was 1,800 sqft.

Roanoke Rapids, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 435 $89,895,000 $206,655
Home Improvement 80 $4,960,000 $62,000
Refi 80 $11,260,000 $140,750
Cash Out Refi 67 $10,115,000 $150,970
Other 65 $5,515,000 $84,846

Roanoke Rapids's most frequently cited loan purpose was Home Purchase, with 435 originations. The 2nd most popular reason was Home Improvement, with 80 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 243 $45,615,000 $187,716
7-8% 169 $25,105,000 $148,550
5-6% 132 $27,940,000 $211,667
Over 8% 93 $10,705,000 $115,108
4-5% 55 $6,585,000 $119,727
<2.5% 16 $270,000 $16,875
3-4% 2 $390,000 $195,000

During 2023, Roanoke Rapids's most frequently originated rate bucket was 6-7%, with 243 originations.

Loan Sizing (Roanoke Rapids, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 282 $39,850,000 $141,312
$100,000 or less 263 $14,455,000 $54,962
$200k-400k 131 $34,615,000 $264,237
$400k-600k 28 $13,690,000 $488,929
$600k-1000k 20 $14,980,000 $749,000
$Over $1MM 3 $4,155,000 $1,385,000

Roanoke Rapids's loan sizing saw the bucket of loans from $100k-200k with 282 originations, totaling $39,850,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 323 $62,325,000 $192,957
60-80% 145 $29,025,000 $200,172
20-40% 81 $6,805,000 $84,012
Under 20% 81 $4,205,000 $51,914
40-60% 63 $10,455,000 $165,952
Over 100% 19 $3,855,000 $202,895

Roanoke Rapids's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 323 originations, totaling $62,325,000 in origination value.