Roanoke Rapids Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Roanoke Rapids averaged
7.18%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.11% and
one month ago for the week of 2023-02-09, the
average rate was 6.6%.
Roanoke Rapids's average rate one year ago was 4.13%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.8%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Roanoke Rapids 30 Year Fixed Rate | 2023-03-16 | 7.18% |
| Roanoke Rapids 30 Year Fixed Rate Refi | 2023-03-16 | 6.8% |
| Roanoke Rapids 15 Year Fixed Rate | 2023-03-16 | 6.55% |
| Roanoke Rapids 15 Year Fixed Rate Refi | 2023-03-16 | 6.31% |
| Roanoke Rapids 30 Year FHA | 2023-03-16 | 6.79% |
| Roanoke Rapids 30 Year FHA Refi | 2023-03-16 | 6.84% |
| Roanoke Rapids 30 Year USDA | 2023-03-16 | 6.69% |
| Roanoke Rapids 30 Year USDA Refi | 2023-03-16 | 3.38% |
| Roanoke Rapids 30 Year VA | 2023-03-16 | 6.5% |
| Roanoke Rapids 30 Year VA Refi | 2023-03-16 | 6.11% |
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.).
Roanoke Rapids Average Closing Costs & Other Stats
Roanoke Rapids, NC's 95 lenders originated 1,292
loans during 2021. The total origination value was $240,650,000, with an average loan value of
$186,262.
Roanoke Rapids's average closing costs are $4,058.
The top Roanoke Rapids lender as defined by loan originations is STATE EMPLOYEES', with
90 loans originated. Their average total fees are
$3,361, which is $1,181
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Roanoke Rapids lenders (with over 10 loans originated) are
LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,179), STATE EMPLOYEES' ($3,361), Southern Bank and Trust Company ($3,478), Truist ($3,508) and Paramount Residential Mortgage Group, Inc. ($3,573).
The lowest rate Roanoke Rapids lenders (with over 10 loans originated) are
Truist (2.88%), Paramount Residential Mortgage Group, Inc. (2.94%), Southern Bank and Trust Company (3.05%), QUICKEN LOANS, LLC (3.09%) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. (3.16%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $21,495,000 | $29,675,000 | 38.1% | 12.3% |
| QUICKEN LOANS, LLC | $19,750,000 | $23,735,000 | 20.2% | 9.9% |
| Southern Bank and Trust Company | $9,975,000 | $10,200,000 | 2.3% | 4.2% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $2,565,000 | $10,040,000 | 291.4% | 4.2% |
| Truist Bank | $13,870,000 | $10,015,000 | -27.8% | 4.2% |
| First-Citizens Bank & Trust Company | $3,955,000 | $6,235,000 | 57.6% | 2.6% |
| Mortgage Research Center, LLC | $3,610,000 | $6,185,000 | 71.3% | 2.6% |
| Paramount Residential Mortgage Group, Inc. | $720,000 | $5,250,000 | 629.2% | 2.2% |
| Wells Fargo Bank | $6,460,000 | $5,195,000 | -19.6% | 2.2% |
| Bank of America | $1,320,000 | $4,765,000 | 261.0% | 2.0% |
| Touchstone Bank | $1,965,000 | $4,330,000 | 120.4% | 1.8% |
| FREEDOM MORTGAGE CORPORATION | $4,205,000 | $4,045,000 | -3.8% | 1.7% |
| NAVY FEDERAL CREDIT UNION | $4,100,000 | $3,955,000 | -3.5% | 1.6% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $7,885,000 | $3,655,000 | -53.6% | 1.5% |
| PNC Bank | $1,115,000 | $3,395,000 | 204.5% | 1.4% |
| LOANDEPOT.COM, LLC | $1,620,000 | $3,350,000 | 106.8% | 1.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $4,185,000 | $3,180,000 | -24.0% | 1.3% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $2,430,000 | $3,075,000 | 26.5% | 1.3% |
| COASTAL Federal Credit Union | $2,560,000 | $2,980,000 | 16.4% | 1.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $1,310,000 | $2,875,000 | 119.5% | 1.2% |
| HOME POINT FINANCIAL CORPORATION | $1,385,000 | $2,755,000 | 98.9% | 1.1% |
| Atlantic Union Bank | $1,580,000 | $2,655,000 | 68.0% | 1.1% |
| Benchmark Community Bank | $1,675,000 | $2,460,000 | 46.9% | 1.0% |
| CALIBER HOME LOANS, INC. | $2,460,000 | $2,420,000 | -1.6% | 1.0% |
| PENTAGON FEDERAL CREDIT UNION | $2,230,000 | $2,355,000 | 5.6% | 1.0% |
| Towne Bank | $3,290,000 | $2,285,000 | -30.5% | 0.9% |
| INTERCOASTAL MORTGAGE COMPANY | $730,000 | $2,240,000 | 206.8% | 0.9% |
| GUARANTEED RATE, INC. | $405,000 | $2,230,000 | 450.6% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $730,000 | $2,170,000 | 197.3% | 0.9% |
| Alcova Mortgage LLC | $3,345,000 | $2,130,000 | -36.3% | 0.9% |
| AMERISAVE MORTGAGE CORPORATION | $2,425,000 | $2,085,000 | -14.0% | 0.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,285,000 | $1,705,000 | 32.7% | 0.7% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $965,000 | $1,670,000 | 73.1% | 0.7% |
| MOVEMENT MORTGAGE, LLC | $1,815,000 | $1,655,000 | -8.8% | 0.7% |
| U.S. Bank | $1,145,000 | $1,655,000 | 44.5% | 0.7% |
| First National Bank of Pennsylvania | $1,270,000 | $1,570,000 | 23.6% | 0.7% |
| C & F Mortgage Corporation | $1,690,000 | $1,320,000 | -21.9% | 0.5% |
| ANGEL OAK HOME LOANS LLC | $165,000 | $1,285,000 | 678.8% | 0.5% |
| NEW DAY FINANCIAL, LLC | $1,070,000 | $1,270,000 | 18.7% | 0.5% |
| OVM FINANCIAL, INC. | $420,000 | $1,205,000 | 186.9% | 0.5% |
| United Bank | $1,205,000 | n/a | 0.5% | |
| Regions Bank | $315,000 | $1,160,000 | 268.3% | 0.5% |
| First Bank | $800,000 | $1,145,000 | 43.1% | 0.5% |
| VILLAGE CAPITAL & INVESTMENT LLC | $745,000 | $1,140,000 | 53.0% | 0.5% |
| Carrington Mortgage Services, LLC | $875,000 | $1,135,000 | 29.7% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $960,000 | $1,135,000 | 18.2% | 0.5% |
| First Reliance Bank | $605,000 | $1,125,000 | 86.0% | 0.5% |
| Tidewater Home Funding, LLC | $840,000 | $1,075,000 | 28.0% | 0.4% |
| Corporate Investors Mortgage Group, Inc. | $560,000 | $1,065,000 | 90.2% | 0.4% |
| BETTER MORTGAGE CORPORATION | $340,000 | $1,055,000 | 210.3% | 0.4% |
| USAA Federal Savings Bank | $580,000 | $1,035,000 | 78.4% | 0.4% |
| EMBRACE HOME LOANS, INC. | $1,025,000 | n/a | 0.4% | |
| JPMorgan Chase Bank | $1,560,000 | $990,000 | -36.5% | 0.4% |
| HOMESIDE FINANCIAL, LLC | $475,000 | $975,000 | 105.3% | 0.4% |
| Citizens Bank | $145,000 | $965,000 | 565.5% | 0.4% |
| AgCarolina Farm Credit, FLCA | $365,000 | $860,000 | 135.6% | 0.4% |
| Fifth Third Bank | $885,000 | $855,000 | -3.4% | 0.4% |
| Nations Lending Corporation | $840,000 | n/a | 0.3% | |
| Barrington Bank & Trust Company, N.A. | $735,000 | $830,000 | 12.9% | 0.3% |
| CORNERSTONE HOME LENDING, INC. | $300,000 | $810,000 | 170.0% | 0.3% |
| North State Bank | $1,040,000 | $800,000 | -23.1% | 0.3% |
| BROKER SOLUTIONS, INC. | $580,000 | $730,000 | 25.9% | 0.3% |
| SOUTHERN TRUST MORTGAGE, LLC | $825,000 | $725,000 | -12.1% | 0.3% |
| George Mason Mortgage, LLC | $1,080,000 | $715,000 | -33.8% | 0.3% |
| SOUTHWEST STAGE FUNDING, LLC | $155,000 | $660,000 | 325.8% | 0.3% |
| Wyndham Capital Mortgage, Inc. | $840,000 | $660,000 | -21.4% | 0.3% |
| FirstBank | $335,000 | $650,000 | 94.0% | 0.3% |
| The Huntington National Bank | $645,000 | n/a | 0.3% | |
| 21ST MORTGAGE CORPORATION | $660,000 | $630,000 | -4.5% | 0.3% |
| Atlantic Coast Mortgage, LLC | $1,190,000 | $630,000 | -47.1% | 0.3% |
| Blue Ridge Bank | $710,000 | $630,000 | -11.3% | 0.3% |
| First Heritage Mortgage, LLC | $1,980,000 | $630,000 | -68.2% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,210,000 | $620,000 | -48.8% | 0.3% |
| Shamrock Home Loans, Inc. | $550,000 | n/a | 0.2% | |
| CLEARPATH LENDING | $155,000 | $545,000 | 251.6% | 0.2% |
| GoPrime Mortgage, Inc. | $2,305,000 | $545,000 | -76.4% | 0.2% |
| Lend Smart Mortgage, LLC | $545,000 | n/a | 0.2% | |
| EQUITY RESOURCES, INC. | $375,000 | $535,000 | 42.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $205,000 | $525,000 | 156.1% | 0.2% |
| UNION HOME MORTGAGE CORP. | $955,000 | $515,000 | -46.1% | 0.2% |
| Dollar Bank, Federal Savings Bank | $785,000 | $465,000 | -40.8% | 0.2% |
| HOMESTEAD FUNDING CORP. | $985,000 | $465,000 | -52.8% | 0.2% |
| North American Savings Bank, F.S.B. | $335,000 | $455,000 | 35.8% | 0.2% |
| The Old Point National Bank of Phoebus | $385,000 | $450,000 | 16.9% | 0.2% |
| Integrity Home Mortgage Corp | $435,000 | n/a | 0.2% | |
| The Fidelity Bank | $875,000 | $435,000 | -50.3% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $425,000 | n/a | 0.2% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $305,000 | $405,000 | 32.8% | 0.2% |
| JET HOMELOANS, LLC | $405,000 | n/a | 0.2% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $395,000 | n/a | 0.2% | |
| Vibrant Credit Union | $395,000 | n/a | 0.2% | |
| AMERIFIRST FINANCIAL CORPORATION | $390,000 | n/a | 0.2% | |
| SOFI LENDING CORP. | $390,000 | n/a | 0.2% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $385,000 | n/a | 0.2% | |
| NEWREZ LLC | $260,000 | $385,000 | 48.1% | 0.2% |
| EMM LOANS LLC | $380,000 | n/a | 0.2% | |
| RELIANCE FIRST CAPITAL, LLC | $380,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $230,000 | $375,000 | 63.0% | 0.2% |
| Bank of England | $330,000 | $375,000 | 13.6% | 0.2% |
| Renasant Bank | $1,140,000 | $370,000 | -67.5% | 0.2% |
| MILEND, INC. | $285,000 | $360,000 | 26.3% | 0.1% |
| RESOURCE FINANCIAL SERVICES, INC. | $355,000 | $355,000 | 0.0% | 0.1% |
| RF Renovo Management Company, LLC | $355,000 | n/a | 0.1% | |
| Alpha Mortgage Corporation | $345,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $315,000 | $325,000 | 3.2% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $770,000 | $315,000 | -59.1% | 0.1% |
| First Guaranty Mortgage Corporation | $505,000 | $310,000 | -38.6% | 0.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $410,000 | $305,000 | -25.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $300,000 | n/a | 0.1% | |
| Bronco Federal Credit Union | $15,000 | $295,000 | 1,866.7% | 0.1% |
| The Federal Savings Bank | $295,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $285,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $145,000 | $280,000 | 93.1% | 0.1% |
| GENEVA FINANCIAL, LLC | $280,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $275,000 | n/a | 0.1% | |
| Towne Mortgage of the Carolinas, LLC | $65,000 | $275,000 | 323.1% | 0.1% |
| Union Bank | $275,000 | n/a | 0.1% | |
| First Community Bank | $265,000 | n/a | 0.1% | |
| The Central Trust Bank | $265,000 | n/a | 0.1% | |
| S&T Bank | $255,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $250,000 | n/a | 0.1% | |
| Univest Bank and Trust Co. | $245,000 | n/a | 0.1% | |
| Discover Bank | $240,000 | n/a | 0.1% | |
| First Horizon Bank | $285,000 | $235,000 | -17.5% | 0.1% |
| ON Q FINANCIAL, INC. | $235,000 | n/a | 0.1% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $630,000 | $235,000 | -62.7% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $185,000 | $225,000 | 21.6% | 0.1% |
| JUSTICE Federal Credit Union | $135,000 | $225,000 | 66.7% | 0.1% |
| Arvest Bank | $210,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $205,000 | n/a | 0.1% | |
| CIVIC FINANCIAL SERVICES, LLC | $205,000 | n/a | 0.1% | |
| RAPID MORTGAGE COMPANY | $205,000 | n/a | 0.1% | |
| TD Bank | $205,000 | $205,000 | 0.0% | 0.1% |
| United Community Bank | $205,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $175,000 | $195,000 | 11.4% | 0.1% |
| Flagstar Bank, FSB | $135,000 | $195,000 | 44.4% | 0.1% |
| Sunflower Bank | $195,000 | n/a | 0.1% | |
| LENDUS, LLC | $190,000 | n/a | 0.1% | |
| Hometown Lenders, Inc. | $185,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $185,000 | n/a | 0.1% | |
| Bethpage Federal Credit Union | $175,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $175,000 | n/a | 0.1% | |
| NewTowne Mortgage, LLC | $305,000 | $175,000 | -42.6% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
| Atlantic Home Loans, Inc. | $165,000 | n/a | 0.1% | |
| Gateway First Bank | $165,000 | n/a | 0.1% | |
| Ally Bank | $155,000 | n/a | 0.1% | |
| F & M BANK CORP. | $155,000 | n/a | 0.1% | |
| INOVA FEDERAL CREDIT UNION | $155,000 | n/a | 0.1% | |
| LANGLEY | $95,000 | $155,000 | 63.2% | 0.1% |
| Plains Commerce Bank | $155,000 | n/a | 0.1% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $155,000 | n/a | 0.1% | |
| LIBERTY HOME MORTGAGE CORPORATION | $145,000 | n/a | 0.1% | |
| Austin Capital Bank SSB | $135,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $95,000 | $125,000 | 31.6% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $105,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $160,000 | $105,000 | -34.4% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $105,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $95,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $95,000 | n/a | 0.0% | |
| SELF-HELP Credit Union | $55,000 | $95,000 | 72.7% | 0.0% |
| AMERICAN FINANCING CORPORATION | $85,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $570,000 | $85,000 | -85.1% | 0.0% |
| HomeTrust Bank | $85,000 | n/a | 0.0% | |
| LOANLEADERS OF AMERICA, INC. | $85,000 | n/a | 0.0% | |
| Northpointe Bank | $85,000 | n/a | 0.0% | |
| LATINO COMMUNITY CREDIT UNION | $75,000 | n/a | 0.0% | |
| MCLEAN MORTGAGE CORPORATION | $1,235,000 | $75,000 | -93.9% | 0.0% |
| TIAA, FSB | $75,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $65,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $65,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $465,000 | $55,000 | -88.2% | 0.0% |
| LOANPAL, LLC | $115,000 | $55,000 | -52.2% | 0.0% |
| Prosperity Home Mortgage, LLC | $605,000 | $55,000 | -90.9% | 0.0% |
| ALLIANT CREDIT UNION | $45,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $45,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $110,000 | $25,000 | -77.3% | 0.0% |
| First Carolina Bank | $25,000 | n/a | 0.0% |
Roanoke Rapids's top lender by overall market share is STATE EMPLOYEES', with 12.3% market share. In second place, with 9.9%, is QUICKEN LOANS, LLC, having originated $23,735,000 in loans. In third place, with 4.2%, is Southern Bank and Trust Company, having originated $10,200,000 in loans. In fourth place, with 4.2%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $10,040,000 in loans. In fifth place, with 4.2%, is Truist Bank, having originated $10,015,000 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 (-3.8%) | 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 | 282 |
| 2018-04-01 | $179,550 (-2.9%) | $260,508 (-2.2%) | 0.00 | 284 |
| 2018-05-01 | $167,425 (-13.0%) | $259,203 (-3.5%) | 0.00 | 292 |
| 2018-06-01 | $162,500 (-6.5%) | $247,315 (-2.9%) | 0.00 | 285 |
| 2018-07-01 | $155,225 (-3.4%) | $243,668 (0.4%) | 0.00 | 281 |
| 2018-08-01 | $145,900 (-16.6%) | $232,899 (-8.1%) | 0.00 | 279 |
| 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 | $135,300 (-24.8%) | $217,655 (-13.9%) | 0.00 | 263 |
| 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 (-6.0%) | $247,543 (-5.0%) | 0.00 | 264 |
| 2019-05-01 | $185,350 (10.7%) | $275,915 (6.5%) | 0.00 | 262 |
| 2019-06-01 | $205,000 (26.2%) | $292,361 (18.2%) | 0.00 | 250 |
| 2019-07-01 | $199,675 (28.6%) | $280,084 (14.9%) | 0.00 | 236 |
| 2019-08-01 | $194,118 (33.1%) | $272,114 (16.8%) | 0.00 | 228 |
| 2019-09-01 | $186,120 (33.0%) | $264,811 (17.9%) | 0.00 | 224 |
| 2019-10-01 | $180,789 (29.2%) | $259,922 (16.4%) | 0.00 | 225 |
| 2019-11-01 | $188,500 (39.3%) | $268,578 (23.4%) | 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 | $179,250 (6.2%) | $279,224 (12.8%) | 0.00 | 194 |
| 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 (2.1%) | 0.00 | 140 |
| 2020-09-01 | $169,250 (-9.1%) | $310,451 (17.2%) | 0.00 | 139 |
| 2020-10-01 | $150,000 (-17.0%) | $297,267 (14.4%) | 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 (-15.0%) | $306,829 (9.9%) | 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 | $215,000 (27.0%) | $307,246 (-1.0%) | 0.00 | 71 |
| 2021-10-01 | $189,999 (26.7%) | $304,675 (2.5%) | 0.00 | 66 |
| 2021-11-01 | $200,000 (51.3%) | $365,776 (30.6%) | 0.00 | 76 |
| 2021-12-01 | $187,500 (27.6%) | $401,041 (37.7%) | 0.00 | 65 |
| 2022-01-01 | $192,450 (28.4%) | $386,361 (33.4%) | 0.00 | 65 |
| 2022-02-01 | $195,625 (30.6%) | $347,342 (21.2%) | 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 (11.0%) | $392,414 (27.7%) | 0.00 | 105 |
| 2022-10-01 | $249,950 (31.6%) | $390,411 (28.1%) | 0.00 | 105 |
| 2022-11-01 | $257,500 (28.8%) | $413,673 (13.1%) | 0.00 | 96 |
| 2022-12-01 | $270,999 (44.5%) | $408,931 (2.0%) | 0.00 | 90 |
| 2023-01-01 | $270,999 (40.8%) | $401,451 (3.9%) | 0.00 | 86 |
| 2023-02-01 | $249,675 (27.6%) | $425,949 (22.6%) | 0.00 | 84 |
Roanoke Rapids's median listing price comes in at 0% of the national average.
Roanoke Rapids's average listing price for 2023-02-01 was $425,949, a difference of $78,607 (22.6%) versus the prior year and $24,498 versus the prior month.
For the 2023-02-01 period, Roanoke Rapids had 84 MLS listings, a difference of -2 listings (-2%) versus the prior month and 23 listings (38%) 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 | 1,934 sqft |
| 2018-05-01 | 0 days | 1,839 sqft |
| 2018-06-01 | 0 days | 1,822 sqft |
| 2018-07-01 | 0 days | 1,811 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 | 1,795 sqft |
| 2021-10-01 | 0 days | 1,754 sqft |
| 2021-11-01 | 0 days | 1,848 sqft |
| 2021-12-01 | 0 days | 1,864 sqft |
| 2022-01-01 | 0 days | 1,768 sqft |
| 2022-02-01 | 0 days | 1,813 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 |
Roanoke Rapids's median square footage for active listings during the 2023-02-01 period was 2,177 sqft. One year prior, the average listing was 1,813 sqft.
Roanoke Rapids, NC Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 588 | $116,700,000 | $198,469 |
| Refi | 461 | $87,675,000 | $190,184 |
| Cash Out Refi | 128 | $24,690,000 | $192,891 |
| Other | 64 | $6,320,000 | $98,750 |
| Home Improvement | 51 | $5,265,000 | $103,235 |
Roanoke Rapids's most frequently cited loan purpose was Home Purchase, with 588 originations. The 2nd most popular reason was Refi, with 461 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 504 | $93,470,000 | $185,456 |
| 3-4% | 477 | $89,185,000 | $186,971 |
| <2.5% | 188 | $39,490,000 | $210,053 |
| 4-5% | 61 | $8,055,000 | $132,049 |
| Over 8% | 19 | $1,725,000 | $90,789 |
| 6-7% | 14 | $1,640,000 | $117,143 |
| 5-6% | 12 | $1,790,000 | $149,167 |
| 7-8% | 2 | $210,000 | $105,000 |
During 2021, Roanoke Rapids's most frequently originated rate bucket was 2.5-3%, with 504 originations.
Loan Sizing (Roanoke Rapids, NC MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 480 | $67,780,000 | $141,208 |
| $100,000 or less | 415 | $27,475,000 | $66,205 |
| $200k-400k | 276 | $74,970,000 | $271,630 |
| $400k-600k | 90 | $42,940,000 | $477,111 |
| $600k-1000k | 20 | $13,760,000 | $688,000 |
| $Over $1MM | 11 | $13,725,000 | $1,247,727 |
Roanoke Rapids's loan sizing saw the bucket of loans from $100k-200k with 480 originations, totaling $67,780,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 574 | $100,540,000 | $175,157 |
| 60-80% | 347 | $77,225,000 | $222,550 |
| 40-60% | 144 | $29,890,000 | $207,569 |
| 20-40% | 87 | $11,065,000 | $127,184 |
| Under 20% | 51 | $3,265,000 | $64,020 |
| Over 100% | 28 | $5,610,000 | $200,357 |
Roanoke Rapids's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 574 originations, totaling $100,540,000 in origination value.