ROANOKE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Roanoke averaged
6.7%
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
6.73% and
one month ago for the week of 2023-02-09, the
average rate was 6.22%.
Roanoke's average rate one year ago was 3.91%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.28%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Roanoke 30 Year Fixed Rate | 2023-03-16 | 6.7% |
| Roanoke 30 Year Fixed Rate Refi | 2023-03-16 | 7.28% |
| Roanoke 15 Year Fixed Rate | 2023-03-16 | 6.58% |
| Roanoke 15 Year Fixed Rate Refi | 2023-03-16 | 6.49% |
| Roanoke 30 Year FHA | 2023-03-16 | 6.27% |
| Roanoke 30 Year FHA Refi | 2023-03-16 | 6.29% |
| Roanoke 30 Year USDA | 2023-03-16 | 6.11% |
| Roanoke 30 Year USDA Refi | 2023-03-16 | 6.35% |
| Roanoke 30 Year VA | 2023-03-16 | 6.33% |
| Roanoke 30 Year VA Refi | 2023-03-16 | 5.63% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ROANOKE, VA.
ROANOKE 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, VA 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 Average Closing Costs & Other Stats
ROANOKE, VA's 224 lenders originated 8,442
loans during 2022. The total origination value was $1,971,610,000, with an average loan value of
$233,548.
ROANOKE's average closing costs are $4,524.
The top ROANOKE lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with
393 loans originated. Their average total fees are
$4,887, which is $1,258
higher than the next largest lender,
Alcova Mortgage LLC.
The lowest fee ROANOKE lenders (with over 10 loans originated) are
CAPITAL CENTER, L.L.C. ($1,309), MEMBER ONE ($3,306), First Reliance Bank ($3,458), Alcova Mortgage LLC ($3,629) and SWBC MORTGAGE CORPORATION ($3,749).
The lowest rate ROANOKE lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (4.03%), PNC Bank (4.13%), LOANDEPOT.COM, LLC (4.20%), Bank of America (4.21%) and CAPITAL CENTER, L.L.C. (4.26%).
ROANOKE, VA 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 |
|---|---|---|---|---|
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $203,030,000 | $136,650,000 | -32.7% | 6.9% |
| QUICKEN LOANS, LLC | $253,335,000 | $112,360,000 | -55.6% | 5.7% |
| Alcova Mortgage LLC | $144,085,000 | $90,880,000 | -36.9% | 4.6% |
| Bank of Botetourt | $43,090,000 | $84,785,000 | 96.8% | 4.3% |
| FREEDOM FIRST | $110,610,000 | $75,315,000 | -31.9% | 3.8% |
| Truist | $108,445,000 | $71,980,000 | -33.6% | 3.7% |
| MOVEMENT MORTGAGE, LLC | $127,780,000 | $69,990,000 | -45.2% | 3.5% |
| MEMBER ONE | $62,175,000 | $67,270,000 | 8.2% | 3.4% |
| American National Bank and Trust Company | $63,175,000 | $62,080,000 | -1.7% | 3.1% |
| Atlantic Union Bank | $42,340,000 | $48,375,000 | 14.3% | 2.5% |
| First-Citizens Bank & Trust Company | $68,690,000 | $45,275,000 | -34.1% | 2.3% |
| Wells Fargo Bank | $136,170,000 | $44,505,000 | -67.3% | 2.3% |
| Arbor Realty Trust, Inc. | $39,120,000 | n/a | 2.0% | |
| Citizens Bank | $45,050,000 | $38,655,000 | -14.2% | 2.0% |
| Mortgage Research Center, LLC | $37,775,000 | $32,730,000 | -13.4% | 1.7% |
| UNION HOME MORTGAGE CORP. | $1,010,000 | $32,095,000 | 3,077.7% | 1.6% |
| PGIM Real Estate Finance, LLC | $31,855,000 | n/a | 1.6% | |
| EMBRACE HOME LOANS, INC. | $60,995,000 | $31,685,000 | -48.1% | 1.6% |
| Pinnacle Bank | $46,225,000 | $30,220,000 | -34.6% | 1.5% |
| SWBC MORTGAGE CORPORATION | $58,705,000 | $26,390,000 | -55.0% | 1.3% |
| Renasant Bank | $65,670,000 | $26,325,000 | -59.9% | 1.3% |
| ValleyStar Credit Union | $16,960,000 | $25,600,000 | 50.9% | 1.3% |
| CNB Bank | $13,980,000 | $24,730,000 | 76.9% | 1.3% |
| NATIONAL BANKSHARES, INC. | $13,015,000 | $22,020,000 | 69.2% | 1.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $35,000,000 | $19,055,000 | -45.6% | 1.0% |
| NAVY FEDERAL CREDIT UNION | $25,720,000 | $18,225,000 | -29.1% | 0.9% |
| Bank of America | $27,120,000 | $17,905,000 | -34.0% | 0.9% |
| INTERCOASTAL MORTGAGE COMPANY | $31,070,000 | $17,720,000 | -43.0% | 0.9% |
| M&T Realty Capital Corporation | $15,955,000 | n/a | 0.8% | |
| First Reliance Bank | $40,080,000 | $15,805,000 | -60.6% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $34,705,000 | $15,650,000 | -54.9% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $48,115,000 | $14,750,000 | -69.3% | 0.7% |
| LOANDEPOT.COM, LLC | $43,195,000 | $14,490,000 | -66.5% | 0.7% |
| FIRST BANCORP, INC. | $14,440,000 | $13,810,000 | -4.4% | 0.7% |
| Flagstar Bank, FSB | $7,895,000 | $13,450,000 | 70.4% | 0.7% |
| HomeTrust Bank | $15,135,000 | $13,235,000 | -12.6% | 0.7% |
| Carter Bank & Trust | $27,505,000 | $12,985,000 | -52.8% | 0.7% |
| Prosperity Home Mortgage, LLC | $27,255,000 | $12,715,000 | -53.3% | 0.6% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $32,415,000 | $12,405,000 | -61.7% | 0.6% |
| Skyline National Bank | $4,495,000 | $12,070,000 | 168.5% | 0.6% |
| GUARANTEED RATE, INC. | $31,735,000 | $11,475,000 | -63.8% | 0.6% |
| First Heritage Mortgage, LLC | $11,240,000 | $11,285,000 | 0.4% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $30,675,000 | $10,895,000 | -64.5% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $58,900,000 | $9,015,000 | -84.7% | 0.5% |
| WALKER & DUNLOP, LLC | $8,845,000 | n/a | 0.4% | |
| JPMorgan Chase Bank | $12,755,000 | $8,745,000 | -31.4% | 0.4% |
| OVM FINANCIAL, INC. | $21,730,000 | $8,225,000 | -62.1% | 0.4% |
| U.S. Bank | $10,375,000 | $7,585,000 | -26.9% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $10,545,000 | $7,320,000 | -30.6% | 0.4% |
| PNC Bank | $13,240,000 | $7,180,000 | -45.8% | 0.4% |
| First Bank | $535,000 | $7,000,000 | 1,208.4% | 0.4% |
| NEWREZ LLC | $20,580,000 | $6,765,000 | -67.1% | 0.3% |
| BLUE EAGLE CREDIT UNION | $8,015,000 | $6,620,000 | -17.4% | 0.3% |
| First Community Bank | $14,270,000 | $5,985,000 | -58.1% | 0.3% |
| BETTER MORTGAGE CORPORATION | $19,075,000 | $5,840,000 | -69.4% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,750,000 | $5,805,000 | -14.0% | 0.3% |
| GUARANTY HOME MORTGAGE CORPORATION | $6,145,000 | $5,645,000 | -8.1% | 0.3% |
| Bank of the James | $3,390,000 | $5,600,000 | 65.2% | 0.3% |
| BROKER SOLUTIONS, INC. | $11,585,000 | $5,535,000 | -52.2% | 0.3% |
| USAA Federal Savings Bank | $10,775,000 | $5,500,000 | -49.0% | 0.3% |
| CAPITAL CENTER, L.L.C. | $9,720,000 | $5,480,000 | -43.6% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $14,260,000 | $5,445,000 | -61.8% | 0.3% |
| CALIBER HOME LOANS, INC. | $12,290,000 | $5,405,000 | -56.0% | 0.3% |
| GREYSTONE SERVICING COMPANY LLC | $11,125,000 | $5,115,000 | -54.0% | 0.3% |
| Blue Ridge Bank | $7,950,000 | $5,055,000 | -36.4% | 0.3% |
| Truliant Federal Credit Union | $875,000 | $5,035,000 | 475.4% | 0.3% |
| NEW DAY FINANCIAL, LLC | $7,750,000 | $4,945,000 | -36.2% | 0.3% |
| Select Bank | $4,870,000 | n/a | 0.2% | |
| TD Bank | $6,345,000 | $4,865,000 | -23.3% | 0.2% |
| GUILD MORTGAGE COMPANY | $1,705,000 | $4,840,000 | 183.9% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,165,000 | $4,815,000 | 52.1% | 0.2% |
| Morgan Stanley Private Bank | $6,560,000 | $4,810,000 | -26.7% | 0.2% |
| AgFirst Farm Credit Bank | $4,565,000 | $4,745,000 | 3.9% | 0.2% |
| First Horizon Bank | $3,440,000 | $4,725,000 | 37.4% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $4,495,000 | $4,385,000 | -2.4% | 0.2% |
| First National Bank of Pennsylvania | $4,735,000 | $4,350,000 | -8.1% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $4,980,000 | $4,345,000 | -12.8% | 0.2% |
| Atlantic Coast Mortgage, LLC | $6,910,000 | $4,190,000 | -39.4% | 0.2% |
| MEMBER ADVANTAGE MORTGAGE, LLC | $4,125,000 | n/a | 0.2% | |
| The Federal Savings Bank | $5,725,000 | $3,940,000 | -31.2% | 0.2% |
| CMG MORTGAGE, INC. | $925,000 | $3,845,000 | 315.7% | 0.2% |
| MCLEAN MORTGAGE CORPORATION | $5,390,000 | $3,785,000 | -29.8% | 0.2% |
| Carrington Mortgage Services, LLC | $5,200,000 | $3,755,000 | -27.8% | 0.2% |
| Victorian Finance, LLC | $3,640,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $9,590,000 | $3,350,000 | -65.1% | 0.2% |
| Integrity Home Mortgage Corp | $66,965,000 | $3,180,000 | -95.3% | 0.2% |
| TIDEWATER MORTGAGE SERVICES, INC. | $2,510,000 | $3,155,000 | 25.7% | 0.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $13,205,000 | $3,040,000 | -77.0% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $7,185,000 | $3,005,000 | -58.2% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $6,680,000 | $2,985,000 | -55.3% | 0.2% |
| George Mason Mortgage, LLC | $3,650,000 | $2,915,000 | -20.1% | 0.1% |
| STATE EMPLOYEES' | $4,450,000 | $2,880,000 | -35.3% | 0.1% |
| TOWNE MORTGAGE COMPANY | $7,340,000 | $2,865,000 | -61.0% | 0.1% |
| FIRST SAVINGS MORTGAGE CORPORATION | $2,495,000 | $2,665,000 | 6.8% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,970,000 | $2,575,000 | 30.7% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $4,540,000 | $2,535,000 | -44.2% | 0.1% |
| DUPONT COMMUNITY | $885,000 | $2,530,000 | 185.9% | 0.1% |
| The Farmers Bank of Appomattox | $2,410,000 | n/a | 0.1% | |
| SOUTHERN TRUST MORTGAGE, LLC | $1,630,000 | $2,375,000 | 45.7% | 0.1% |
| Towne Bank | $4,025,000 | $2,360,000 | -41.4% | 0.1% |
| NATION ONE MORTGAGE CORPORATION | $1,200,000 | $2,335,000 | 94.6% | 0.1% |
| AMERICAN FINANCING CORPORATION | $9,160,000 | $2,240,000 | -75.5% | 0.1% |
| Farm Credit of the Virginias, ACA | $4,805,000 | $2,240,000 | -53.4% | 0.1% |
| F & M BANK CORP. | $325,000 | $2,025,000 | 523.1% | 0.1% |
| Virginia Credit Union, Inc. | $4,430,000 | $2,015,000 | -54.5% | 0.1% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $2,045,000 | $2,010,000 | -1.7% | 0.1% |
| SIRVA MORTGAGE, INC. | $2,645,000 | $1,930,000 | -27.0% | 0.1% |
| The Fidelity Bank | $3,355,000 | $1,920,000 | -42.8% | 0.1% |
| C & F Mortgage Corporation | $1,795,000 | $1,900,000 | 5.8% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $505,000 | $1,900,000 | 276.2% | 0.1% |
| NFM, INC. | $2,835,000 | $1,885,000 | -33.5% | 0.1% |
| Strong Home Mortgage, LLC | $1,545,000 | $1,880,000 | 21.7% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $4,175,000 | $1,775,000 | -57.5% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $3,030,000 | $1,770,000 | -41.6% | 0.1% |
| First National Bank of America | $945,000 | $1,755,000 | 85.7% | 0.1% |
| The Huntington National Bank | $995,000 | $1,755,000 | 76.4% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $2,255,000 | $1,730,000 | -23.3% | 0.1% |
| Chicago Mortgage Solutions LLC | $2,230,000 | $1,725,000 | -22.6% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $2,590,000 | $1,725,000 | -33.4% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,380,000 | $1,645,000 | -51.3% | 0.1% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $1,615,000 | n/a | 0.1% | |
| First National Bank | $1,590,000 | n/a | 0.1% | |
| Summit Community Bank, Inc. | $520,000 | $1,565,000 | 201.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,825,000 | $1,550,000 | -15.1% | 0.1% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $295,000 | $1,520,000 | 415.3% | 0.1% |
| PLANET HOME LENDING, LLC | $1,885,000 | $1,450,000 | -23.1% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $2,530,000 | $1,415,000 | -44.1% | 0.1% |
| Sandy Spring Bank | $1,090,000 | $1,400,000 | 28.4% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $3,885,000 | $1,395,000 | -64.1% | 0.1% |
| AmeriHome Mortgage Company, LLC | $1,585,000 | $1,390,000 | -12.3% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $1,365,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $1,305,000 | $1,360,000 | 4.2% | 0.1% |
| Deere Employees Credit Union | $25,000 | $1,335,000 | 5,240.0% | 0.1% |
| Arvest Bank | $1,780,000 | $1,285,000 | -27.8% | 0.1% |
| Fifth Third Bank | $4,400,000 | $1,285,000 | -70.8% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $200,000 | $1,270,000 | 535.0% | 0.1% |
| M&T Bank | $1,485,000 | $1,265,000 | -14.8% | 0.1% |
| THRIVE MORTGAGE, LLC | $210,000 | $1,255,000 | 497.6% | 0.1% |
| EASTMAN | $1,145,000 | $1,240,000 | 8.3% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $205,000 | $1,225,000 | 497.6% | 0.1% |
| Discover Bank | $1,545,000 | $1,170,000 | -24.3% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $245,000 | $1,170,000 | 377.6% | 0.1% |
| EMM LOANS LLC | $1,505,000 | $1,150,000 | -23.6% | 0.1% |
| PHH Mortgage Corporation | $1,350,000 | $1,145,000 | -15.2% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $1,730,000 | $1,130,000 | -34.7% | 0.1% |
| COREVEST AMERICAN FINANCE LENDER LLC | $1,125,000 | n/a | 0.1% | |
| First Guaranty Mortgage Corporation | $5,920,000 | $1,115,000 | -81.2% | 0.1% |
| Figure Lending LLC | $600,000 | $1,095,000 | 82.5% | 0.1% |
| North American Savings Bank, F.S.B. | $1,265,000 | $1,085,000 | -14.2% | 0.1% |
| NBKC BANK | $2,090,000 | $1,075,000 | -48.6% | 0.1% |
| Northpointe Bank | $2,905,000 | $1,075,000 | -63.0% | 0.1% |
| Ixonia Bank | $605,000 | $1,065,000 | 76.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $3,680,000 | $1,055,000 | -71.3% | 0.1% |
| First Savings Bank | $4,775,000 | $1,050,000 | -78.0% | 0.1% |
| GoPrime Mortgage, Inc. | $850,000 | $985,000 | 15.9% | 0.0% |
| AMERICAN ADVISORS GROUP | $760,000 | $980,000 | 28.9% | 0.0% |
| Northwest Federal Credit Union | $2,300,000 | $970,000 | -57.8% | 0.0% |
| OCMBC, INC. | $965,000 | n/a | 0.0% | |
| BNC National Bank | $1,350,000 | $920,000 | -31.9% | 0.0% |
| Waterstone Mortgage Corporation | $145,000 | $920,000 | 534.5% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $3,210,000 | $915,000 | -71.5% | 0.0% |
| Fulton Bank | $3,050,000 | $895,000 | -70.7% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $535,000 | $895,000 | 67.3% | 0.0% |
| Ally Bank | $885,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,115,000 | $845,000 | -24.2% | 0.0% |
| Florida Capital Bank | $225,000 | $840,000 | 273.3% | 0.0% |
| KeyBank | $7,515,000 | $830,000 | -89.0% | 0.0% |
| Gateway First Bank | $1,215,000 | $810,000 | -33.3% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $815,000 | $810,000 | -0.6% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $1,845,000 | $800,000 | -56.6% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,520,000 | $795,000 | -47.7% | 0.0% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $795,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $1,755,000 | $785,000 | -55.3% | 0.0% |
| Magnolia Bank | $1,795,000 | $780,000 | -56.5% | 0.0% |
| United Bank | $175,000 | $780,000 | 345.7% | 0.0% |
| Lakeview Community Capital, LLC | $1,975,000 | $775,000 | -60.8% | 0.0% |
| CBM Mortgage, Inc. | $420,000 | $740,000 | 76.2% | 0.0% |
| Mid-Continent Funding, Inc. | $1,760,000 | $735,000 | -58.2% | 0.0% |
| TOWER | $520,000 | $735,000 | 41.3% | 0.0% |
| American Security Mortgage Corp. | $505,000 | $730,000 | 44.6% | 0.0% |
| CityWorth Mortgage LLC | $165,000 | $730,000 | 342.4% | 0.0% |
| RESIDENTIAL BANCORP. | $205,000 | $730,000 | 256.1% | 0.0% |
| UBS Bank USA | $2,125,000 | $730,000 | -65.6% | 0.0% |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $2,475,000 | $715,000 | -71.1% | 0.0% |
| Assurance Financial Group, L.L.C. | $3,200,000 | $710,000 | -77.8% | 0.0% |
| The Freedom Bank of Virginia | $710,000 | n/a | 0.0% | |
| SSB Bank | $690,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $1,230,000 | $685,000 | -44.3% | 0.0% |
| Stifel Bank and Trust | $1,320,000 | $685,000 | -48.1% | 0.0% |
| LOANPAL, LLC | $765,000 | $655,000 | -14.4% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $1,375,000 | $650,000 | -52.7% | 0.0% |
| MILEND, INC. | $1,785,000 | $645,000 | -63.9% | 0.0% |
| Vellum Mortgage, Inc. | $285,000 | $645,000 | 126.3% | 0.0% |
| Regions Bank | $240,000 | $640,000 | 166.7% | 0.0% |
| Jefferson Security Bank | $625,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $520,000 | $620,000 | 19.2% | 0.0% |
| CLEARPATH LENDING | $3,470,000 | $615,000 | -82.3% | 0.0% |
| MORTGAGE ACCESS CORP. | $620,000 | $610,000 | -1.6% | 0.0% |
| First Federal Bank of Kansas City | $605,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association of Lakewood | $600,000 | n/a | 0.0% | |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $595,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $410,000 | $585,000 | 42.7% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,785,000 | $585,000 | -67.2% | 0.0% |
| Bank of England | $935,000 | $580,000 | -38.0% | 0.0% |
| First Federal Bank | $2,265,000 | $560,000 | -75.3% | 0.0% |
| Kwik Mortgage Corporation | $305,000 | $560,000 | 83.6% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $200,000 | $515,000 | 157.5% | 0.0% |
| 21ST MORTGAGE CORPORATION | $210,000 | $510,000 | 142.9% | 0.0% |
| Citizens and Farmers Bank | $265,000 | $510,000 | 92.5% | 0.0% |
| Fidelity Bank | $495,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $480,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $480,000 | n/a | 0.0% | |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES | $135,000 | $465,000 | 244.4% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,260,000 | $465,000 | -63.1% | 0.0% |
| UNITED MORTGAGE CORP. | $415,000 | $465,000 | 12.0% | 0.0% |
| RANLIFE, INC. | $330,000 | $460,000 | 39.4% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $1,815,000 | $455,000 | -74.9% | 0.0% |
| Salem VA Credit Union | $160,000 | $445,000 | 178.1% | 0.0% |
| JUSTICE Federal Credit Union | $145,000 | $435,000 | 200.0% | 0.0% |
| PURDUE FEDERAL CREDIT UNION | $285,000 | $435,000 | 52.6% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $285,000 | $425,000 | 49.1% | 0.0% |
| SUMMIT FUNDING, INC. | $425,000 | n/a | 0.0% | |
| Ameris Bank | $885,000 | $420,000 | -52.5% | 0.0% |
| FirstBank | $2,395,000 | $415,000 | -82.7% | 0.0% |
| HOMESTAR FINANCIAL CORPORATION | $155,000 | $415,000 | 167.7% | 0.0% |
| Republic Bank & Trust Company | $235,000 | $415,000 | 76.6% | 0.0% |
| FBC MORTGAGE, LLC | $410,000 | n/a | 0.0% | |
| NewTowne Mortgage, LLC | $2,365,000 | $410,000 | -82.7% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $65,000 | $410,000 | 530.8% | 0.0% |
| 1ST FINANCIAL, INC. | $135,000 | $395,000 | 192.6% | 0.0% |
| GSF Mortgage Corporation | $1,025,000 | $385,000 | -62.4% | 0.0% |
| MEMBERS 1ST FEDERAL CREDIT UNION | $385,000 | n/a | 0.0% | |
| Citibank | $85,000 | $380,000 | 347.1% | 0.0% |
| First International Bank & Trust | $375,000 | $375,000 | 0.0% | 0.0% |
| Cf Bank | $455,000 | $365,000 | -19.8% | 0.0% |
| MLD MORTGAGE INC. | $360,000 | n/a | 0.0% | |
| Charles Schwab Bank, SSB | $4,445,000 | $355,000 | -92.0% | 0.0% |
| Franklin Bank & Trust Company | $345,000 | n/a | 0.0% | |
| GEO-CORP, INC. | $340,000 | n/a | 0.0% | |
| COASTAL Federal Credit Union | $185,000 | $335,000 | 81.1% | 0.0% |
| Pendleton Community Bank, Inc. | $335,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $520,000 | $330,000 | -36.5% | 0.0% |
| Firstrust Savings Bank | $325,000 | n/a | 0.0% | |
| ACADEMY MORTGAGE CORPORATION | $315,000 | n/a | 0.0% | |
| Century Mortgage Company DBA Century Lending Company | $315,000 | n/a | 0.0% | |
| First Community Bank of East Tennessee | $315,000 | n/a | 0.0% | |
| UIF CORPORATION | $1,025,000 | $315,000 | -69.3% | 0.0% |
| Nations Lending Corporation | $2,855,000 | $310,000 | -89.1% | 0.0% |
| Colonial Savings, F.A. | $745,000 | $305,000 | -59.1% | 0.0% |
| GuardHill Financial Corp. | $305,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $305,000 | n/a | 0.0% | |
| SHARONVIEW FEDERAL CREDIT UNION | $335,000 | $305,000 | -9.0% | 0.0% |
| Uwharrie Bank | $305,000 | n/a | 0.0% | |
| ALLEGACY FEDERAL CREDIT UNION | $150,000 | $295,000 | 96.7% | 0.0% |
| MY MORTGAGE, INC. | $295,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $4,890,000 | $285,000 | -94.2% | 0.0% |
| Apple Federal Credit Union | $1,580,000 | $270,000 | -82.9% | 0.0% |
| THE MORTGAGE LINK, INC. | $270,000 | n/a | 0.0% | |
| APEX HOME LOANS, INC. | $1,900,000 | $255,000 | -86.6% | 0.0% |
| Citizens Bank and Trust Company | $255,000 | n/a | 0.0% | |
| Shamrock Home Loans, Inc. | $255,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $560,000 | $245,000 | -56.3% | 0.0% |
| Princeton Mortgage Corporation | $605,000 | $245,000 | -59.5% | 0.0% |
| Texana Bank | $245,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $240,000 | n/a | 0.0% | |
| ARC HOME LLC | $2,905,000 | $225,000 | -92.3% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $225,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $225,000 | n/a | 0.0% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $225,000 | n/a | 0.0% | |
| FIRST HOME MORTGAGE CORPORATION | $765,000 | $225,000 | -70.6% | 0.0% |
| GENEVA FINANCIAL, LLC | $425,000 | $225,000 | -47.1% | 0.0% |
| Hometown Lenders, Inc. | $240,000 | $225,000 | -6.3% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $225,000 | $225,000 | 0.0% | 0.0% |
| Alpha Mortgage Corporation | $215,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $315,000 | $215,000 | -31.7% | 0.0% |
| Low VA Rates, LLC | $310,000 | $215,000 | -30.6% | 0.0% |
| BLACK HILLS FEDERAL CREDIT UNION | $205,000 | n/a | 0.0% | |
| Christensen Financial, Inc. | $205,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $275,000 | $205,000 | -25.5% | 0.0% |
| The Poca Valley Bank, Inc. | $125,000 | $205,000 | 64.0% | 0.0% |
| CANOPY MORTGAGE, LLC | $195,000 | n/a | 0.0% | |
| CHEVRON | $195,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $205,000 | $195,000 | -4.9% | 0.0% |
| Southern First Bank | $1,425,000 | $195,000 | -86.3% | 0.0% |
| AFFINITY | $245,000 | $185,000 | -24.5% | 0.0% |
| KELLER MORTGAGE, LLC | $690,000 | $185,000 | -73.2% | 0.0% |
| THRIVENT Federal Credit Union | $185,000 | n/a | 0.0% | |
| Capital City Home Loans, LLC | $175,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $730,000 | $175,000 | -76.0% | 0.0% |
| THE MORTGAGE FIRM, INC. | $215,000 | $175,000 | -18.6% | 0.0% |
| LANGLEY | $395,000 | $170,000 | -57.0% | 0.0% |
| CONSUMERS COOPERATIVE CREDIT UNION | $165,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $165,000 | n/a | 0.0% | |
| MANN FINANCIAL INC. | $165,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $985,000 | $165,000 | -83.2% | 0.0% |
| Clearview Federal Credit Union | $155,000 | n/a | 0.0% | |
| HOMESPIRE MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $705,000 | $155,000 | -78.0% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $435,000 | $155,000 | -64.4% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $145,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $350,000 | $145,000 | -58.6% | 0.0% |
| State Department Federal Credit Union | $25,000 | $145,000 | 480.0% | 0.0% |
| US MORTGAGE CORPORATION | $365,000 | $145,000 | -60.3% | 0.0% |
| BARTLETT MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $135,000 | n/a | 0.0% | |
| BAY CAPITAL MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
| Call Federal Credit Union | $125,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $495,000 | $125,000 | -74.7% | 0.0% |
| MORIA DEVELOPMENT, INC. | $475,000 | $125,000 | -73.7% | 0.0% |
| SILVER HILL FUNDING, LLC | $125,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $1,070,000 | $125,000 | -88.3% | 0.0% |
| A&D Mortgage LLC | $270,000 | $105,000 | -61.1% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $165,000 | $105,000 | -36.4% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $105,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $105,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $1,090,000 | $105,000 | -90.4% | 0.0% |
| LIMA ONE CAPITAL, LLC | $95,000 | n/a | 0.0% | |
| Vibrant Credit Union | $245,000 | $95,000 | -61.2% | 0.0% |
| FAY SERVICING, LLC | $85,000 | n/a | 0.0% | |
| FORT FINANCIAL Federal Credit Union | $85,000 | n/a | 0.0% | |
| InFirst Federal Credit Union | $75,000 | n/a | 0.0% | |
| DOMINION ENERGY CREDIT UNION | $70,000 | n/a | 0.0% | |
| Baxter Credit Union | $495,000 | $35,000 | -92.9% | 0.0% |
| CHARTWAY FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% |
ROANOKE's top lender by overall market share is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 6.9% market share. In second place, with 5.7%, is QUICKEN LOANS, LLC, having originated $112,360,000 in loans. In third place, with 4.6%, is Alcova Mortgage LLC, having originated $90,880,000 in loans. In fourth place, with 4.3%, is Bank of Botetourt, having originated $84,785,000 in loans. In fifth place, with 3.8%, is FREEDOM FIRST, having originated $75,315,000 in loans.
ROANOKE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - ROANOKE (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 | $239,925 (9.3%) | $335,660 (5.7%) | 0.89 | 1,372 |
| 2018-02-01 | $248,963 (13.2%) | $336,857 (5.1%) | 0.90 | 1,371 |
| 2018-03-01 | $249,000 (10.4%) | $339,332 (4.0%) | 0.87 | 1,423 |
| 2018-04-01 | $252,487 (7.5%) | $349,775 (4.4%) | 0.86 | 1,479 |
| 2018-05-01 | $254,925 (6.5%) | $355,508 (5.8%) | 0.85 | 1,602 |
| 2018-06-01 | $263,750 (7.7%) | $368,236 (9.1%) | 0.88 | 1,583 |
| 2018-07-01 | $261,150 (7.5%) | $367,783 (8.3%) | 0.87 | 1,601 |
| 2018-08-01 | $259,950 (8.3%) | $363,744 (7.3%) | 0.87 | 1,618 |
| 2018-09-01 | $254,950 (4.9%) | $364,784 (5.7%) | 0.86 | 1,588 |
| 2018-10-01 | $249,838 (4.1%) | $355,054 (2.6%) | 0.84 | 1,575 |
| 2018-11-01 | $254,950 (9.1%) | $361,398 (8.3%) | 0.86 | 1,490 |
| 2018-12-01 | $249,700 (4.1%) | $357,558 (4.1%) | 0.86 | 1,378 |
| 2019-01-01 | $252,063 (5.1%) | $354,795 (5.7%) | 0.87 | 1,275 |
| 2019-02-01 | $256,975 (3.2%) | $361,362 (7.3%) | 0.87 | 1,234 |
| 2019-03-01 | $266,429 (7.0%) | $368,792 (8.7%) | 0.87 | 1,241 |
| 2019-04-01 | $273,929 (8.5%) | $372,236 (6.4%) | 0.87 | 1,256 |
| 2019-05-01 | $288,450 (13.2%) | $374,640 (5.4%) | 0.90 | 1,274 |
| 2019-06-01 | $288,000 (9.2%) | $370,014 (0.5%) | 0.90 | 1,309 |
| 2019-07-01 | $282,425 (8.2%) | $371,720 (1.1%) | 0.88 | 1,293 |
| 2019-08-01 | $278,564 (7.2%) | $373,705 (2.7%) | 0.88 | 1,263 |
| 2019-09-01 | $276,559 (8.5%) | $378,758 (3.8%) | 0.88 | 1,247 |
| 2019-10-01 | $275,223 (10.2%) | $380,898 (7.3%) | 0.89 | 1,236 |
| 2019-11-01 | $279,000 (9.4%) | $385,472 (6.7%) | 0.91 | 1,202 |
| 2019-12-01 | $275,925 (10.5%) | $381,466 (6.7%) | 0.92 | 1,085 |
| 2020-01-01 | $269,925 (7.1%) | $379,724 (7.0%) | 0.90 | 1,014 |
| 2020-02-01 | $276,750 (7.7%) | $391,763 (8.4%) | 0.90 | 937 |
| 2020-03-01 | $275,950 (3.6%) | $390,150 (5.8%) | 0.86 | 953 |
| 2020-04-01 | $279,950 (2.2%) | $387,847 (4.2%) | 0.88 | 986 |
| 2020-05-01 | $295,000 (2.3%) | $408,262 (9.0%) | 0.90 | 865 |
| 2020-06-01 | $307,438 (6.8%) | $419,941 (13.5%) | 0.90 | 826 |
| 2020-07-01 | $298,822 (5.8%) | $412,203 (10.9%) | 0.87 | 736 |
| 2020-08-01 | $299,700 (7.6%) | $417,516 (11.7%) | 0.86 | 680 |
| 2020-09-01 | $286,000 (3.4%) | $416,344 (9.9%) | 0.82 | 695 |
| 2020-10-01 | $274,950 (-0.1%) | $403,698 (6.0%) | 0.79 | 674 |
| 2020-11-01 | $272,473 (-2.3%) | $411,912 (6.9%) | 0.79 | 628 |
| 2020-12-01 | $268,055 (-2.9%) | $400,957 (5.1%) | 0.80 | 568 |
| 2021-01-01 | $273,700 (1.4%) | $398,276 (4.9%) | 0.82 | 485 |
| 2021-02-01 | $287,488 (3.9%) | $422,989 (8.0%) | 0.83 | 372 |
| 2021-03-01 | $296,088 (7.3%) | $429,357 (10.1%) | 0.84 | 354 |
| 2021-04-01 | $292,713 (4.6%) | $419,213 (8.1%) | 0.79 | 357 |
| 2021-05-01 | $282,950 (-4.1%) | $399,920 (-2.0%) | 0.75 | 389 |
| 2021-06-01 | $290,238 (-5.6%) | $404,853 (-3.6%) | 0.76 | 451 |
| 2021-07-01 | $289,950 (-3.0%) | $391,519 (-5.0%) | 0.76 | 494 |
| 2021-08-01 | $280,725 (-6.3%) | $395,314 (-5.3%) | 0.74 | 518 |
| 2021-09-01 | $289,950 (1.4%) | $397,421 (-4.6%) | 0.77 | 474 |
| 2021-10-01 | $292,950 (6.6%) | $406,482 (0.7%) | 0.78 | 498 |
| 2021-11-01 | $289,975 (6.4%) | $410,571 (-0.3%) | 0.77 | 447 |
| 2021-12-01 | $303,099 (13.1%) | $428,614 (6.9%) | 0.82 | 364 |
| 2022-01-01 | $317,950 (16.2%) | $440,248 (10.5%) | 0.86 | 298 |
| 2022-02-01 | $327,200 (13.8%) | $461,309 (9.1%) | 0.85 | 266 |
| 2022-03-01 | $325,065 (9.8%) | $453,828 (5.7%) | 0.81 | 259 |
| 2022-04-01 | $309,900 (5.9%) | $444,328 (6.0%) | 0.74 | 285 |
| 2022-05-01 | $349,475 (23.5%) | $483,209 (20.8%) | 0.80 | 338 |
| 2022-06-01 | $342,975 (18.2%) | $499,277 (23.3%) | 0.76 | 416 |
| 2022-07-01 | $349,000 (20.4%) | $486,450 (24.3%) | 0.78 | 451 |
| 2022-08-01 | $326,200 (16.2%) | $465,701 (17.8%) | 0.75 | 418 |
| 2022-09-01 | $340,713 (17.5%) | $470,118 (18.3%) | 0.79 | 419 |
| 2022-10-01 | $337,925 (15.4%) | $446,658 (9.9%) | 0.80 | 452 |
| 2022-11-01 | $331,225 (14.2%) | $448,959 (9.4%) | 0.79 | 458 |
| 2022-12-01 | $339,950 (12.2%) | $451,579 (5.4%) | 0.84 | 429 |
| 2023-01-01 | $346,600 (9.0%) | $476,800 (8.3%) | 0.85 | 423 |
| 2023-02-01 | $349,950 (7.0%) | $499,166 (8.2%) | 0.84 | 362 |
ROANOKE's median listing price for 2023-02-01 was $349,950, a difference of
$22,750
(7.0%) versus the prior year and
$3,350 versus the prior month.
ROANOKE's median listing price comes in at 84% of the national average.
ROANOKE's average listing price for 2023-02-01 was $499,166, a difference of $37,857 (8.2%) versus the prior year and $22,366 versus the prior month.
For the 2023-02-01 period, ROANOKE had 362 MLS listings, a difference of -61 listings (-14%) versus the prior month and 96 listings (36%) versus the prior year.
ROANOKE's median listing price comes in at 84% of the national average.
ROANOKE's average listing price for 2023-02-01 was $499,166, a difference of $37,857 (8.2%) versus the prior year and $22,366 versus the prior month.
For the 2023-02-01 period, ROANOKE had 362 MLS listings, a difference of -61 listings (-14%) versus the prior month and 96 listings (36%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - ROANOKE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 100 days | 2,060 sqft |
| 2018-02-01 | 97 days | 2,063 sqft |
| 2018-03-01 | 78 days | 2,110 sqft |
| 2018-04-01 | 66 days | 2,136 sqft |
| 2018-05-01 | 62 days | 2,153 sqft |
| 2018-06-01 | 68 days | 2,158 sqft |
| 2018-07-01 | 77 days | 2,150 sqft |
| 2018-08-01 | 80 days | 2,155 sqft |
| 2018-09-01 | 81 days | 2,156 sqft |
| 2018-10-01 | 82 days | 2,119 sqft |
| 2018-11-01 | 87 days | 2,125 sqft |
| 2018-12-01 | 95 days | 2,094 sqft |
| 2019-01-01 | 103 days | 2,085 sqft |
| 2019-02-01 | 107 days | 2,114 sqft |
| 2019-03-01 | 89 days | 2,148 sqft |
| 2019-04-01 | 66 days | 2,166 sqft |
| 2019-05-01 | 64 days | 2,176 sqft |
| 2019-06-01 | 69 days | 2,168 sqft |
| 2019-07-01 | 74 days | 2,156 sqft |
| 2019-08-01 | 76 days | 2,154 sqft |
| 2019-09-01 | 78 days | 2,141 sqft |
| 2019-10-01 | 80 days | 2,131 sqft |
| 2019-11-01 | 83 days | 2,142 sqft |
| 2019-12-01 | 90 days | 2,116 sqft |
| 2020-01-01 | 99 days | 2,062 sqft |
| 2020-02-01 | 96 days | 2,118 sqft |
| 2020-03-01 | 65 days | 2,132 sqft |
| 2020-04-01 | 65 days | 2,144 sqft |
| 2020-05-01 | 78 days | 2,200 sqft |
| 2020-06-01 | 71 days | 2,193 sqft |
| 2020-07-01 | 65 days | 2,160 sqft |
| 2020-08-01 | 64 days | 2,200 sqft |
| 2020-09-01 | 58 days | 2,198 sqft |
| 2020-10-01 | 58 days | 2,152 sqft |
| 2020-11-01 | 62 days | 2,175 sqft |
| 2020-12-01 | 70 days | 2,160 sqft |
| 2021-01-01 | 71 days | 2,131 sqft |
| 2021-02-01 | 68 days | 2,148 sqft |
| 2021-03-01 | 53 days | 2,092 sqft |
| 2021-04-01 | 45 days | 2,005 sqft |
| 2021-05-01 | 41 days | 2,007 sqft |
| 2021-06-01 | 40 days | 2,026 sqft |
| 2021-07-01 | 44 days | 2,006 sqft |
| 2021-08-01 | 45 days | 1,977 sqft |
| 2021-09-01 | 53 days | 1,999 sqft |
| 2021-10-01 | 51 days | 2,017 sqft |
| 2021-11-01 | 66 days | 2,004 sqft |
| 2021-12-01 | 64 days | 2,013 sqft |
| 2022-01-01 | 88 days | 2,032 sqft |
| 2022-02-01 | 76 days | 2,008 sqft |
| 2022-03-01 | 45 days | 1,942 sqft |
| 2022-04-01 | 39 days | 1,934 sqft |
| 2022-05-01 | 35 days | 2,021 sqft |
| 2022-06-01 | 36 days | 2,058 sqft |
| 2022-07-01 | 42 days | 2,036 sqft |
| 2022-08-01 | 44 days | 1,947 sqft |
| 2022-09-01 | 47 days | 1,975 sqft |
| 2022-10-01 | 43 days | 2,007 sqft |
| 2022-11-01 | 46 days | 1,969 sqft |
| 2022-12-01 | 56 days | 1,960 sqft |
| 2023-01-01 | 61 days | 2,006 sqft |
| 2023-02-01 | 65 days | 2,007 sqft |
ROANOKE's median listing age (time on market) for 2023-02-01 was 65 days.
This
is -15%
shorter
than the same period one year ago.
ROANOKE's median square footage for active listings during the 2023-02-01 period was 2,007 sqft. One year prior, the average listing was 2,008 sqft.
ROANOKE's median square footage for active listings during the 2023-02-01 period was 2,007 sqft. One year prior, the average listing was 2,008 sqft.
ROANOKE, VA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 24001 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24002 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24003 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24004 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24005 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24006 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24007 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24008 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24009 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24010 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24011 | Roanoke, VA | $670 | $760 | $960 | $1,300 | $1,440 |
| 24012 | Roanoke, VA | $610 | $690 | $870 | $1,180 | $1,300 |
| 24013 | Roanoke, VA | $600 | $680 | $850 | $1,150 | $1,270 |
| 24014 | Roanoke, VA | $590 | $670 | $850 | $1,150 | $1,260 |
| 24015 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24016 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24017 | Roanoke, VA | $620 | $710 | $890 | $1,200 | $1,330 |
| 24018 | Roanoke, VA | $680 | $770 | $970 | $1,310 | $1,450 |
| 24019 | Roanoke, VA | $690 | $790 | $990 | $1,340 | $1,480 |
| 24020 | Roanoke, VA | $690 | $790 | $990 | $1,340 | $1,480 |
| 24022 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24023 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24024 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24025 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24026 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24027 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24028 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24029 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24030 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24031 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24032 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24033 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24034 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24035 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24036 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24037 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24038 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24059 | Roanoke, VA | $720 | $780 | $890 | $1,260 | $1,530 |
| 24064 | Roanoke, VA | $600 | $670 | $850 | $1,150 | $1,250 |
| 24065 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24066 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24070 | Roanoke, VA | $720 | $780 | $890 | $1,260 | $1,530 |
| 24077 | Roanoke, VA | $620 | $700 | $880 | $1,190 | $1,320 |
| 24079 | Roanoke, VA | $660 | $740 | $930 | $1,250 | $1,390 |
| 24083 | Roanoke, VA | $670 | $760 | $960 | $1,300 | $1,440 |
| 24085 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24087 | Roanoke, VA | $720 | $780 | $890 | $1,260 | $1,530 |
| 24090 | Roanoke, VA | $720 | $820 | $1,030 | $1,390 | $1,540 |
| 24101 | Roanoke, VA | $730 | $760 | $980 | $1,220 | $1,360 |
| 24127 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24128 | Roanoke, VA | $720 | $780 | $890 | $1,260 | $1,530 |
| 24130 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24131 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24153 | Roanoke, VA | $680 | $770 | $970 | $1,310 | $1,450 |
| 24175 | Roanoke, VA | $590 | $680 | $860 | $1,160 | $1,260 |
| 24179 | Roanoke, VA | $600 | $670 | $850 | $1,150 | $1,250 |
| 24422 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24426 | Roanoke, VA | $580 | $670 | $850 | $1,150 | $1,250 |
| 24438 | Roanoke, VA | $630 | $720 | $900 | $1,220 | $1,350 |
| 24450 | Roanoke, VA | $630 | $720 | $900 | $1,220 | $1,350 |
| 24579 | Roanoke, VA | $630 | $720 | $900 | $1,220 | $1,350 |
2022 Average & Median Rent Data Statistics
ROANOKE, VA average 1BR rent: $697, median: $670
ROANOKE, VA average 2BR rent: $875, median: $850
ROANOKE, VA average 3BR rent: $1,186, median: $1,150
ROANOKE, VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,175 | $1,165,405,000 | $279,139 |
| Cash Out Refi | 1,503 | $334,945,000 | $222,851 |
| Refi | 1,181 | $313,305,000 | $265,288 |
| Other | 877 | $93,325,000 | $106,414 |
| Home Improvement | 700 | $63,920,000 | $91,314 |
| NA | 6 | $710,000 | $118,333 |
Roanoke's most frequently cited loan purpose was Home Purchase, with 4,175 originations. The 2nd most popular reason was Cash Out Refi, with 1,503 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 2,057 | $480,465,000 | $233,576 |
| 3-4% | 1,955 | $429,055,000 | $219,465 |
| 4-5% | 1,829 | $442,325,000 | $241,840 |
| 6-7% | 932 | $186,800,000 | $200,429 |
| 2.5-3% | 736 | $133,720,000 | $181,685 |
| 7-8% | 303 | $51,285,000 | $169,257 |
| <2.5% | 134 | $75,780,000 | $565,522 |
| Over 8% | 120 | $12,080,000 | $100,667 |
During 2022, Roanoke's most frequently originated rate bucket was 5-6%, with 2,057 originations.
Loan Sizing (ROANOKE, VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 3,016 | $448,830,000 | $148,816 |
| $200k-400k | 2,661 | $723,285,000 | $271,809 |
| $100,000 or less | 1,942 | $110,850,000 | $57,080 |
| $400k-600k | 525 | $248,005,000 | $472,390 |
| $600k-1000k | 184 | $131,560,000 | $715,000 |
| $Over $1MM | 114 | $309,080,000 | $2,711,228 |
ROANOKE's loan sizing saw the bucket of loans from $100k-200k with 3,016 originations, totaling $448,830,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,050 | $799,860,000 | $262,249 |
| 60-80% | 2,061 | $571,295,000 | $277,193 |
| 20-40% | 994 | $143,270,000 | $144,135 |
| 40-60% | 937 | $205,075,000 | $218,863 |
| Under 20% | 898 | $47,400,000 | $52,784 |
| Over 100% | 96 | $39,450,000 | $410,938 |
ROANOKE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,050 originations, totaling $799,860,000 in origination value.