Roanoke Rapids Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Roanoke Rapids averaged 6.33% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.44% and one month ago for the week of 2024-10-10, the average rate was 5.87%.

    Roanoke Rapids's average rate one year ago was 7.25%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.38%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Roanoke Rapids 30 Year Fixed Rate 2024-11-14 6.33%
    Roanoke Rapids 30 Year Fixed Rate Refi 2024-11-14 7.38%
    Roanoke Rapids 15 Year Fixed Rate 2024-11-14 5.99%
    Roanoke Rapids 15 Year Fixed Rate Refi 2024-11-14 6.49%
    Roanoke Rapids 30 Year FHA 2024-11-14 -0.16%
    Roanoke Rapids 30 Year FHA Refi 2024-11-14 0.2%
    Roanoke Rapids 30 Year USDA 2024-11-14 -0.1%
    Roanoke Rapids 30 Year USDA Refi 2024-11-14 0.2%
    Roanoke Rapids 30 Year VA 2024-11-14 0.1%
    Roanoke Rapids 30 Year VA Refi 2024-11-14 0.1%
    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
    2024-10-01 $287,625 (30.6%) $458,381 (18.7%) 0.00 110
    Roanoke Rapids's median listing price for 2024-10-01 was $287,625, a difference of $67,375 (30.6%) versus the prior year and $650 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 2024-10-01 was $458,381, a difference of $72,041 (18.7%) versus the prior year and $-21,567 versus the prior month.

    For the 2024-10-01 period, Roanoke Rapids had 110 MLS listings, a difference of -5 listings (-4%) versus the prior month and 3 listings (3%) 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
    2024-10-01 0 days 1,736 sqft
    Roanoke Rapids's median listing age (time on market) for 2024-10-01 was 0 days.

    Roanoke Rapids's median square footage for active listings during the 2024-10-01 period was 1,736 sqft. One year prior, the average listing was 1,969 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.