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 6.11% for the week of 2024-02-29, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-02-22) was 6.27% and one month ago for the week of 2024-01-25, the average rate was 5.76%.

Roanoke Rapids's average rate one year ago was 6.1%.

For refis of the same type during the week of 2024-02-29, the average rate was 7.24%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-29 6.94%
Roanoke Rapids 30 Year Fixed Rate 2024-02-29 6.11%
Roanoke Rapids 30 Year Fixed Rate Refi 2024-02-29 7.24%
Roanoke Rapids 15 Year Fixed Rate 2024-02-29 6.36%
Roanoke Rapids 15 Year Fixed Rate Refi 2024-02-29 6.16%
Roanoke Rapids 30 Year FHA 2024-02-29 6.6%
Roanoke Rapids 30 Year FHA Refi 2024-02-29 6.59%
Roanoke Rapids 30 Year USDA 2024-02-29 6.93%
Roanoke Rapids 30 Year USDA Refi 2024-02-29 6.63%
Roanoke Rapids 30 Year VA 2024-02-29 6.72%
Roanoke Rapids 30 Year VA Refi 2024-02-29 6.52%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
STATE EMPLOYEES' 101 3.88% $3,567
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 28 5.40% $6,241
QUICKEN LOANS, LLC 28 5.44% $6,000
Southern Bank and Trust Company 12 4.48% $3,265
Truist 11 4.95% $4,456
LOCAL GOVERNMENT FEDERAL CREDIT UNION 10 4.19% $3,258
NAVY FEDERAL CREDIT UNION 9 5.40% $4,452
MOVEMENT MORTGAGE, LLC 7 5.00% $8,548
Paramount Residential Mortgage Group, Inc. 5 3.95% $4,186
First-Citizens Bank & Trust Company 5 4.48% $4,836
CAPITAL CENTER, L.L.C. 4 4.22% $1,877
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.59% $5,656
VANDERBILT MORTGAGE AND FINANCE, INC. 4 6.81% $5,796
LOANDEPOT.COM, LLC 4 4.13% $4,887
HOME POINT FINANCIAL CORPORATION 4 4.50% $4,619
UNITED WHOLESALE MORTGAGE, LLC 3 4.06% $6,481
BROKER SOLUTIONS, INC. 3 4.96% $6,813
U.S. Bank 3 3.75% $12,428
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 5.21% $5,659
TD Bank 3 4.04% $5,990
Alcova Mortgage LLC 3 4.63% $3,222
COASTAL Federal Credit Union 3 3.27% $3,291
Wells Fargo Bank 2 3.94% $2,273
First National Bank of Pennsylvania 2 3.94% $4,938
Bronco Federal Credit Union 2 3.44% $4,656
CALIBER HOME LOANS, INC. 2 4.09% $3,780
CARDINAL FINANCIAL 2 3.63% $8,154
INTERCOASTAL MORTGAGE COMPANY 2 5.05% $3,731
MCLEAN MORTGAGE CORPORATION 2 5.06% $12,201
Mortgage Research Center, LLC 2 4.56% $4,121
Northwest Federal Credit Union 1 4.88% $2,566
NP, Inc. 1 4.75% $4,955
PNC Bank 1 3.75% $3,819
Prosperity Home Mortgage, LLC 1 5.88% $3,637
PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.88% $2,361
RELIANCE FIRST CAPITAL, LLC 1 4.63% $18,404
SOUTH CENTRAL BANK, INC. 1 3.13% $3,005
Southern First Bank 1 3.80% $6,087
SOUTHERN TRUST MORTGAGE, LLC 1 4.88% $12,753
T2 FINANCIAL LLC 1 6.50% $5,263
The Federal Savings Bank 1 4.50% $7,984
Tidewater Home Funding, LLC 1 3.88% $5,490
Towne Bank 1 3.50% $7,980
UBS Bank USA 1 3.38% $4,367
Uwharrie Bank 1 3.75% $2,887
The Fidelity Bank 1 3.00% $19,315
Ally Bank 1 3.25% $2,229
AMERICAN FINANCING CORPORATION 1 4.88% $6,101
AmeriHome Mortgage Company, LLC 1 3.88% $4,585
AMERISAVE MORTGAGE CORPORATION 1 4.99% $7,672
ANGEL OAK HOME LOANS LLC 1 5.00% $3,264
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.62% $4,713
Bank of America 1 3.50% $3,221
Benchmark Community Bank 1 3.29% $5,930
BETTER MORTGAGE CORPORATION 1 2.88% $5,830
Blue Ridge Bank 1 4.99% $4,470
Carrington Mortgage Services, LLC 1 6.63% $9,426
CERTAINTY HOME LOANS, LLC 1 5.25% $6,329
CORNERSTONE HOME LENDING, INC. 1 5.13% $5,460
Corporate Investors Mortgage Group, Inc. 1 3.13% $2,799
EQUITY RESOURCES, INC. 1 3.63% $2,996
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 3.63% $4,534
First Bank 1 5.50% $3,855
First Guaranty Mortgage Corporation 1 3.63% $2,005
First Horizon Bank 1 4.25% $4,496
Flagstar Bank, FSB 1 4.20% $18,960
Gateway First Bank 1 7.63% $2,975
Goldwater Bank, N.A. 1 5.25% $5,394
GUARANTEED RATE, INC. 1 5.63% $4,522
Morgan Stanley Private Bank 1 4.45% $4,086
Mr. Cooper ( Nationstar Mortgage ) 1 5.00% $4,162
NEWPORT NEWS SHIPBUILDING EMPLOYEES 1 4.25% $7,672
NexBank 1 5.88% $4,166
North American Savings Bank, F.S.B. 1 3.38% $555
Northpointe Bank 1 5.50% $3,639

Roanoke Rapids Average Closing Costs & Other Stats

Roanoke Rapids, NC's 75 lenders originated 953 loans during 2022. The total origination value was $168,095,000, with an average loan value of $176,385.

Roanoke Rapids's average closing costs are $4,354.

The top Roanoke Rapids lender as defined by loan originations is STATE EMPLOYEES', with 101 loans originated. Their average total fees are $3,567, which is $2,673 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 LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,258), Southern Bank and Trust Company ($3,265), STATE EMPLOYEES' ($3,567), Truist ($4,456) and QUICKEN LOANS, LLC ($6,000).

The lowest rate Roanoke Rapids lenders (with over 10 loans originated) are STATE EMPLOYEES' (3.88%), LOCAL GOVERNMENT FEDERAL CREDIT UNION (4.19%), Southern Bank and Trust Company (4.48%), Truist (4.95%) and ATLANTIC BAY MORTGAGE GROUP, L.L.C. (5.40%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
STATE EMPLOYEES' $29,675,000 $27,440,000 -7.5% 16.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $10,040,000 $13,110,000 30.6% 7.8%
QUICKEN LOANS, LLC $23,735,000 $10,360,000 -56.4% 6.2%
Truist $10,015,000 $8,730,000 -12.8% 5.2%
First-Citizens Bank & Trust Company $6,235,000 $6,425,000 3.0% 3.8%
Mortgage Research Center, LLC $6,185,000 $5,865,000 -5.2% 3.5%
Southern Bank and Trust Company $10,200,000 $4,370,000 -57.2% 2.6%
Benchmark Community Bank $2,460,000 $3,975,000 61.6% 2.4%
PNC Bank $3,395,000 $2,975,000 -12.4% 1.8%
Paramount Residential Mortgage Group, Inc. $5,250,000 $2,960,000 -43.6% 1.8%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $3,075,000 $2,855,000 -7.2% 1.7%
U.S. Bank $1,655,000 $2,830,000 71.0% 1.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,180,000 $2,635,000 -17.1% 1.6%
MOVEMENT MORTGAGE, LLC $1,655,000 $2,465,000 48.9% 1.5%
UNITED WHOLESALE MORTGAGE, LLC $2,875,000 $2,325,000 -19.1% 1.4%
Towne Bank $2,285,000 $2,310,000 1.1% 1.4%
TD Bank $205,000 $2,235,000 990.2% 1.3%
First National Bank of Pennsylvania $1,570,000 $2,180,000 38.9% 1.3%
INTERCOASTAL MORTGAGE COMPANY $2,240,000 $2,075,000 -7.4% 1.2%
NAVY FEDERAL CREDIT UNION $3,955,000 $1,980,000 -49.9% 1.2%
Touchstone Bank $4,330,000 $1,850,000 -57.3% 1.1%
COASTAL Federal Credit Union $2,980,000 $1,845,000 -38.1% 1.1%
BROKER SOLUTIONS, INC. $730,000 $1,805,000 147.3% 1.1%
HOME POINT FINANCIAL CORPORATION $2,755,000 $1,645,000 -40.3% 1.0%
CAPITAL CENTER, L.L.C. $1,505,000 n/a 0.9%
The Fidelity Bank $435,000 $1,495,000 243.7% 0.9%
BETTER MORTGAGE CORPORATION $1,055,000 $1,410,000 33.6% 0.8%
First Horizon Bank $235,000 $1,390,000 491.5% 0.8%
LOANDEPOT.COM, LLC $3,350,000 $1,375,000 -59.0% 0.8%
Bank of America $4,765,000 $1,360,000 -71.5% 0.8%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,655,000 $1,360,000 -62.8% 0.8%
Alcova Mortgage LLC $2,130,000 $1,315,000 -38.3% 0.8%
Prudential Huntoon Paige Associates, LLC $1,310,000 n/a 0.8%
AMERISAVE MORTGAGE CORPORATION $2,085,000 $1,135,000 -45.6% 0.7%
CORNERSTONE HOME LENDING, INC. $810,000 $1,135,000 40.1% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,705,000 $1,095,000 -35.8% 0.7%
RELIANCE FIRST CAPITAL, LLC $380,000 $1,065,000 180.3% 0.6%
Wells Fargo Bank $5,195,000 $1,065,000 -79.5% 0.6%
MCLEAN MORTGAGE CORPORATION $75,000 $1,040,000 1,286.7% 0.6%
The Federal Savings Bank $295,000 $980,000 232.2% 0.6%
Morgan Stanley Private Bank $945,000 n/a 0.6%
Mr. Cooper ( Nationstar Mortgage ) $1,135,000 $920,000 -18.9% 0.5%
Flagstar Bank, FSB $195,000 $890,000 356.4% 0.5%
Truliant Federal Credit Union $865,000 n/a 0.5%
Blue Ridge Bank $630,000 $830,000 31.7% 0.5%
Southern First Bank $760,000 n/a 0.5%
CALIBER HOME LOANS, INC. $2,420,000 $740,000 -69.4% 0.4%
21ST MORTGAGE CORPORATION $630,000 $735,000 16.7% 0.4%
PLANET HOME LENDING, LLC $665,000 n/a 0.4%
Tidewater Home Funding, LLC $1,075,000 $645,000 -40.0% 0.4%
Towne Mortgage of the Carolinas, LLC $275,000 $645,000 134.5% 0.4%
GUARANTEED RATE, INC. $2,230,000 $640,000 -71.3% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,670,000 $630,000 -62.3% 0.4%
CERTAINTY HOME LOANS, LLC $625,000 n/a 0.4%
SOUTHERN TRUST MORTGAGE, LLC $725,000 $620,000 -14.5% 0.4%
SOUTHWEST STAGE FUNDING, LLC $660,000 $620,000 -6.1% 0.4%
First Bank $1,145,000 $605,000 -47.2% 0.4%
UBS Bank USA $555,000 n/a 0.3%
HOMESIDE FINANCIAL, LLC $975,000 $525,000 -46.2% 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $375,000 $485,000 29.3% 0.3%
FREEDOM MORTGAGE CORPORATION $4,045,000 $470,000 -88.4% 0.3%
United Community Bank $205,000 $455,000 122.0% 0.3%
Uwharrie Bank $455,000 n/a 0.3%
Wake Forest Federal Savings and Loan Association $455,000 n/a 0.3%
Carrington Mortgage Services, LLC $1,135,000 $405,000 -64.3% 0.2%
NFM, INC. $395,000 n/a 0.2%
T2 FINANCIAL LLC $65,000 $395,000 507.7% 0.2%
Prosperity Home Mortgage, LLC $55,000 $390,000 609.1% 0.2%
NEWPORT NEWS SHIPBUILDING EMPLOYEES $385,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $85,000 $365,000 329.4% 0.2%
PENNYMAC LOAN SERVICES, LLC $2,170,000 $355,000 -83.6% 0.2%
First Carolina Bank $25,000 $340,000 1,260.0% 0.2%
Northpointe Bank $85,000 $305,000 258.8% 0.2%
SOUTH CENTRAL BANK, INC. $305,000 n/a 0.2%
TOWNE MORTGAGE COMPANY $305,000 n/a 0.2%
GoPrime Mortgage, Inc. $545,000 $300,000 -45.0% 0.2%
Gateway First Bank $165,000 $295,000 78.8% 0.2%
USAA Federal Savings Bank $1,035,000 $295,000 -71.5% 0.2%
A&D Mortgage LLC $290,000 n/a 0.2%
JPMorgan Chase Bank $990,000 $285,000 -71.2% 0.2%
Northwest Federal Credit Union $285,000 n/a 0.2%
Lakeview Community Capital, LLC $275,000 n/a 0.2%
NexBank $265,000 n/a 0.2%
AMERICAN HERITAGE LENDING, INC. $245,000 n/a 0.1%
Stifel Bank and Trust $245,000 n/a 0.1%
Ally Bank $155,000 $235,000 51.6% 0.1%
Corporate Investors Mortgage Group, Inc. $1,065,000 $235,000 -77.9% 0.1%
Equity Prime Mortgage LLC $225,000 n/a 0.1%
North American Savings Bank, F.S.B. $455,000 $225,000 -50.5% 0.1%
ANGEL OAK HOME LOANS LLC $1,285,000 $220,000 -82.9% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $620,000 $210,000 -66.1% 0.1%
NEW DAY FINANCIAL, LLC $1,270,000 $210,000 -83.5% 0.1%
AMERICAN ADVISORS GROUP $25,000 $205,000 720.0% 0.1%
CIVIC FINANCIAL SERVICES, LLC $205,000 $205,000 0.0% 0.1%
Figure Lending LLC $200,000 n/a 0.1%
EQUITY RESOURCES, INC. $535,000 $180,000 -66.4% 0.1%
CMG MORTGAGE, INC. $85,000 $175,000 105.9% 0.1%
First Heritage Mortgage, LLC $630,000 $175,000 -72.2% 0.1%
Bronco Federal Credit Union $295,000 $170,000 -42.4% 0.1%
GUILD MORTGAGE COMPANY $165,000 n/a 0.1%
The Old Point National Bank of Phoebus $450,000 $165,000 -63.3% 0.1%
PENTAGON FEDERAL CREDIT UNION $2,355,000 $160,000 -93.2% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $405,000 $155,000 -61.7% 0.1%
Bank of England $375,000 $155,000 -58.7% 0.1%
NATION ONE MORTGAGE CORPORATION $155,000 n/a 0.1%
South State Bank $155,000 n/a 0.1%
Shamrock Home Loans, Inc. $550,000 $145,000 -73.6% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $305,000 $135,000 -55.7% 0.1%
Hometown Equity Mortgage, LLC $135,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $135,000 n/a 0.1%
RESIDENTIAL HOME FUNDING CORP. $135,000 n/a 0.1%
AMERIFIRST FINANCIAL CORPORATION $390,000 $125,000 -67.9% 0.1%
ROYAL UNITED MORTGAGE LLC $325,000 $125,000 -61.5% 0.1%
Watermark Capital, Inc. $125,000 n/a 0.1%
ACOPIA, LLC $120,000 n/a 0.1%
First Guaranty Mortgage Corporation $310,000 $115,000 -62.9% 0.1%
Goldwater Bank, N.A. $115,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $115,000 n/a 0.1%
NEWREZ LLC $385,000 $110,000 -71.4% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $105,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $205,000 $105,000 -48.8% 0.1%
NP, Inc. $105,000 n/a 0.1%
United Bank $1,205,000 $105,000 -91.3% 0.1%
ACADEMY MORTGAGE CORPORATION $165,000 $95,000 -42.4% 0.1%
Nations Lending Corporation $840,000 $95,000 -88.7% 0.1%
NewTowne Mortgage, LLC $175,000 $95,000 -45.7% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $95,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $95,000 n/a 0.1%
LANGLEY $155,000 $90,000 -41.9% 0.1%
AgCarolina Farm Credit, FLCA $860,000 $85,000 -90.1% 0.1%
EUSTIS AND AMERICAN MORTGAGE COMPANY $85,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $525,000 $85,000 -83.8% 0.1%
RUOFF MORTGAGE COMPANY, INC. $75,000 n/a 0.0%
Citizens Bank $965,000 $65,000 -93.3% 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $235,000 $65,000 -72.3% 0.0%
Discover Bank $240,000 $55,000 -77.1% 0.0%
LATINO COMMUNITY CREDIT UNION $75,000 $55,000 -26.7% 0.0%
LENDINGHOME FUNDING CORPORATION $55,000 n/a 0.0%
RAPID MORTGAGE COMPANY $205,000 $55,000 -73.2% 0.0%
FIRST BANCORP, INC. $25,000 n/a 0.0%

Roanoke Rapids's top lender by overall market share is STATE EMPLOYEES', with 16.3% market share. In second place, with 7.8%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $13,110,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $10,360,000 in loans. In fourth place, with 5.2%, is Truist, having originated $8,730,000 in loans. In fifth place, with 3.8%, is First-Citizens Bank & Trust Company, having originated $6,425,000 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
Roanoke Rapids's median listing price for 2024-01-01 was $199,675, a difference of $-71,324 (-26.3%) versus the prior year and $-15,325 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 2024-01-01 was $355,300, a difference of $-46,151 (-11.5%) versus the prior year and $-5,121 versus the prior month.

For the 2024-01-01 period, Roanoke Rapids had 97 MLS listings, a difference of -6 listings (-6%) versus the prior month and 11 listings (13%) 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
Roanoke Rapids's median listing age (time on market) for 2024-01-01 was 0 days.

Roanoke Rapids's median square footage for active listings during the 2024-01-01 period was 1,789 sqft. One year prior, the average listing was 2,346 sqft.

Roanoke Rapids, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 526 $103,160,000 $196,122
Refi 177 $31,195,000 $176,243
Cash Out Refi 110 $20,060,000 $182,364
Other 71 $8,745,000 $123,169
Home Improvement 69 $4,935,000 $71,522

Roanoke Rapids's most frequently cited loan purpose was Home Purchase, with 526 originations. The 2nd most popular reason was Refi, with 177 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 310 $52,690,000 $169,968
4-5% 200 $45,270,000 $226,350
5-6% 182 $31,660,000 $173,956
2.5-3% 90 $14,530,000 $161,444
6-7% 83 $12,025,000 $144,880
Over 8% 29 $3,135,000 $108,103
7-8% 27 $3,245,000 $120,185
<2.5% 19 $2,725,000 $143,421

During 2022, Roanoke Rapids's most frequently originated rate bucket was 3-4%, with 310 originations.

Loan Sizing (Roanoke Rapids, NC MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 368 $52,900,000 $143,750
$100,000 or less 342 $20,060,000 $58,655
$200k-400k 162 $43,160,000 $266,420
$400k-600k 45 $21,695,000 $482,111
$600k-1000k 28 $20,240,000 $722,857
$Over $1MM 8 $10,040,000 $1,255,000

Roanoke Rapids's loan sizing saw the bucket of loans from $100k-200k with 368 originations, totaling $52,900,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 455 $79,855,000 $175,505
60-80% 212 $48,960,000 $230,943
40-60% 99 $18,945,000 $191,364
20-40% 87 $9,725,000 $111,782
Under 20% 67 $4,125,000 $61,567
Over 100% 21 $3,675,000 $175,000

Roanoke Rapids's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 455 originations, totaling $79,855,000 in origination value.