Rockingham 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 Rockingham averaged 6.48% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

    The average rate for the prior week (2023-11-16) was 6.63% and one month ago for the week of 2023-10-19, the average rate was 6.72%.

    Rockingham's average rate one year ago was 6.1%.

    For refis of the same type during the week of 2023-11-22, the average rate was 7.39%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-22 7.29%
    Rockingham 30 Year Fixed Rate 2023-11-22 6.48%
    Rockingham 30 Year Fixed Rate Refi 2023-11-22 7.39%
    Rockingham 15 Year Fixed Rate 2023-11-22 6.57%
    Rockingham 15 Year Fixed Rate Refi 2023-11-22 7.07%
    Rockingham 30 Year FHA 2023-11-22 -0.42%
    Rockingham 30 Year FHA Refi 2023-11-22 0.1%
    Rockingham 30 Year USDA 2023-11-22 0.2%
    Rockingham 30 Year USDA Refi 2023-11-22 0.1%
    Rockingham 30 Year VA 2023-11-22 -0.1%
    Rockingham 30 Year VA Refi 2023-11-22 -0.1%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Rockingham, NC.

    Rockingham 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 Rockingham, 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' 102 4.05% $3,404
    QUICKEN LOANS, LLC 27 5.12% $6,290
    LOCAL GOVERNMENT FEDERAL CREDIT UNION 22 4.02% $3,282
    UNITED WHOLESALE MORTGAGE, LLC 10 4.77% $6,241
    NFM, INC. 8 4.75% $4,269
    Truist 7 4.35% $3,792
    First Bank 6 4.04% $3,230
    Wells Fargo Bank 5 5.55% $3,516
    The Fidelity Bank 5 4.53% $4,448
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 4.84% $4,343
    21ST MORTGAGE CORPORATION 4 6.70% $7,083
    MOVEMENT MORTGAGE, LLC 4 5.02% $5,025
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 6.12% $4,761
    FOUNDERS FEDERAL CREDIT UNION 3 3.42% $3,253
    ROYAL UNITED MORTGAGE LLC 3 5.79% $6,225
    THE MORTGAGE FIRM, INC. 2 5.25% $4,582
    Alcova Mortgage LLC 2 4.38% $4,356
    American Security Mortgage Corp. 2 4.69% $9,491
    CARDINAL FINANCIAL 2 5.75% $4,988
    First-Citizens Bank & Trust Company 2 4.46% $3,276
    First Horizon Bank 2 5.81% $5,505
    INTERCOASTAL MORTGAGE COMPANY 2 4.50% $7,420
    JPMorgan Chase Bank 2 5.31% $5,048
    Mortgage Research Center, LLC 2 6.31% $4,715
    Mr. Cooper ( Nationstar Mortgage ) 2 5.31% $6,382
    FREEDOM MORTGAGE CORPORATION 1 4.63% $4,951
    GoPrime Mortgage, Inc. 1 6.25% $2,593
    GUARANTEED RATE, INC. 1 4.18% $4,709
    HOME POINT FINANCIAL CORPORATION 1 5.88% $4,742
    HOMESIDE FINANCIAL, LLC 1 6.63% $4,505
    USAA Federal Savings Bank 1 5.50% $5,421
    Uwharrie Bank 1 4.50% $3,055
    LATINO COMMUNITY CREDIT UNION 1 6.00% $5,033
    LOANDEPOT.COM, LLC 1 4.88% $1,295
    C & F Mortgage Corporation 1 4.00% $3,559
    MORTGAGE INVESTORS GROUP, INC. 1 7.13% $4,462
    Mortgage Network, Inc. 1 3.25% $7,170
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.99% $5,110
    CALIBER HOME LOANS, INC. 1 5.63% $4,230
    AgFirst Farm Credit Bank 1 3.63% $4,543
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.50% $6,791
    NEWREZ LLC 1 5.63% $4,230
    Blue Ridge Bank 1 5.88% $3,298
    Northpointe Bank 1 5.88% $5,436
    PLANET HOME LENDING, LLC 1 3.75% $7,793
    PNC Bank 1 3.00% $3,651
    PREMIA MORTGAGE, LLC 1 4.50% $563
    Prosperity Home Mortgage, LLC 1 6.13% $5,395
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 5.38% $3,835
    BAY EQUITY LLC 1 7.50% $6,536
    RESIDENTIAL BANCORP 1 4.99% $5,578
    Bank of England 1 5.50% $3,926
    RUOFF MORTGAGE COMPANY, INC. 1 4.50% $12,414
    Bank of America 1 3.13% $4,497
    AMERISAVE MORTGAGE CORPORATION 1 5.99% $9,071
    AmeriHome Mortgage Company, LLC 1 4.88% $6,416
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.63% $10,891
    Discover Bank 1 7.99% $0
    CROSSCOUNTRY MORTGAGE, LLC 1 5.88% $3,671
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.13% $3,735
    Truliant Federal Credit Union 1 5.75% $2,865
    AMERICAN FINANCIAL RESOURCES, INC. 1 3.25% $3,128
    Citizens Bank 1 3.13% $2,642

    Rockingham Average Closing Costs & Other Stats

    Rockingham, NC's 63 lenders originated 747 loans during 2022. The total origination value was $107,075,000, with an average loan value of $143,340.

    Rockingham's average closing costs are $4,304.

    The top Rockingham lender as defined by loan originations is STATE EMPLOYEES', with 102 loans originated. Their average total fees are $3,404, which is $2,886 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Rockingham lenders (with over 10 loans originated) are LOCAL GOVERNMENT FEDERAL CREDIT UNION ($3,282), STATE EMPLOYEES' ($3,404), UNITED WHOLESALE MORTGAGE, LLC ($6,241), QUICKEN LOANS, LLC ($6,290) and .

    The lowest rate Rockingham lenders (with over 10 loans originated) are LOCAL GOVERNMENT FEDERAL CREDIT UNION (4.02%), STATE EMPLOYEES' (4.05%), UNITED WHOLESALE MORTGAGE, LLC (4.77%), QUICKEN LOANS, LLC (5.12%) and .

    Rockingham, 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' $22,910,000 $24,170,000 5.5% 22.6%
    QUICKEN LOANS, LLC $17,680,000 $11,065,000 -37.4% 10.3%
    LOCAL GOVERNMENT FEDERAL CREDIT UNION $3,140,000 $4,470,000 42.4% 4.2%
    UNITED WHOLESALE MORTGAGE, LLC $1,935,000 $4,365,000 125.6% 4.1%
    First Bank $5,145,000 $3,655,000 -29.0% 3.4%
    Mortgage Research Center, LLC $5,850,000 $3,390,000 -42.1% 3.2%
    21ST MORTGAGE CORPORATION $2,540,000 $3,240,000 27.6% 3.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,860,000 $2,820,000 -1.4% 2.6%
    Prudential Huntoon Paige Associates, LLC $2,625,000 n/a 2.5%
    The Fidelity Bank $3,625,000 $2,540,000 -29.9% 2.4%
    Truist $4,735,000 $2,440,000 -48.5% 2.3%
    INTERCOASTAL MORTGAGE COMPANY $965,000 $2,170,000 124.9% 2.0%
    NFM, INC. $1,455,000 $2,115,000 45.4% 2.0%
    PNC Bank $1,865,000 $1,780,000 -4.6% 1.7%
    MOVEMENT MORTGAGE, LLC $5,175,000 $1,310,000 -74.7% 1.2%
    NEW DAY FINANCIAL, LLC $980,000 $1,160,000 18.4% 1.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $2,230,000 $1,065,000 -52.2% 1.0%
    Wells Fargo Bank $2,280,000 $1,020,000 -55.3% 1.0%
    LOANDEPOT.COM, LLC $2,395,000 $1,010,000 -57.8% 0.9%
    NAVY FEDERAL CREDIT UNION $325,000 $980,000 201.5% 0.9%
    American Security Mortgage Corp. $960,000 n/a 0.9%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $280,000 $945,000 237.5% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $1,120,000 $945,000 -15.6% 0.9%
    AMERICAN FINANCING CORPORATION $820,000 n/a 0.8%
    First Horizon Bank $225,000 $780,000 246.7% 0.7%
    USAA Federal Savings Bank $470,000 $760,000 61.7% 0.7%
    SOUTHWEST STAGE FUNDING, LLC $330,000 $755,000 128.8% 0.7%
    CROSSCOUNTRY MORTGAGE, LLC $105,000 $700,000 566.7% 0.7%
    JPMorgan Chase Bank $490,000 $645,000 31.6% 0.6%
    AMERISAVE MORTGAGE CORPORATION $970,000 $625,000 -35.6% 0.6%
    Alcova Mortgage LLC $490,000 $615,000 25.5% 0.6%
    Prosperity Home Mortgage, LLC $1,800,000 $615,000 -65.8% 0.6%
    First-Citizens Bank & Trust Company $570,000 $585,000 2.6% 0.5%
    GoPrime Mortgage, Inc. $245,000 $585,000 138.8% 0.5%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $555,000 n/a 0.5%
    Carolina Farm Credit, ACA $290,000 $530,000 82.8% 0.5%
    HOME POINT FINANCIAL CORPORATION $115,000 $475,000 313.0% 0.4%
    Wolfe Financial, Inc $1,135,000 $475,000 -58.1% 0.4%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $750,000 $470,000 -37.3% 0.4%
    Flagstar Bank, FSB $210,000 $470,000 123.8% 0.4%
    Pinnacle Bank $80,000 $450,000 462.5% 0.4%
    NEWREZ LLC $365,000 $425,000 16.4% 0.4%
    RUOFF MORTGAGE COMPANY, INC. $125,000 $420,000 236.0% 0.4%
    TRIAD FINANCIAL SERVICES, INC. $375,000 $420,000 12.0% 0.4%
    FOUNDERS FEDERAL CREDIT UNION $350,000 $410,000 17.1% 0.4%
    FIRST HOME MORTGAGE CORPORATION $405,000 n/a 0.4%
    FREEDOM MORTGAGE CORPORATION $2,820,000 $385,000 -86.3% 0.4%
    CONTOUR MORTGAGE CORPORATION $375,000 n/a 0.4%
    Bank of England $95,000 $370,000 289.5% 0.3%
    THRIVE MORTGAGE, LLC $1,545,000 $370,000 -76.1% 0.3%
    PREMIER MORTGAGE RESOURCES, L.L.C. $355,000 n/a 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $320,000 $340,000 6.3% 0.3%
    MORTGAGE FINANCIAL GROUP, INC. $335,000 n/a 0.3%
    Northpointe Bank $330,000 n/a 0.3%
    THE MORTGAGE FIRM, INC. $460,000 $330,000 -28.3% 0.3%
    ROYAL UNITED MORTGAGE LLC $340,000 $315,000 -7.4% 0.3%
    BROKER SOLUTIONS, INC. $320,000 $310,000 -3.1% 0.3%
    PLANET HOME LENDING, LLC $305,000 n/a 0.3%
    Mortgage Network, Inc. $295,000 n/a 0.3%
    TOP FLITE FINANCIAL, INC. $145,000 $275,000 89.7% 0.3%
    CALIBER HOME LOANS, INC. $860,000 $270,000 -68.6% 0.3%
    EMBRACE HOME LOANS, INC. $265,000 n/a 0.2%
    LATINO COMMUNITY CREDIT UNION $75,000 $265,000 253.3% 0.2%
    HOMESIDE FINANCIAL, LLC $250,000 n/a 0.2%
    PENNYMAC LOAN SERVICES, LLC $1,435,000 $240,000 -83.3% 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $115,000 $240,000 108.7% 0.2%
    NATIONS DIRECT MORTGAGE, LLC $235,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $330,000 $225,000 -31.8% 0.2%
    First Guaranty Mortgage Corporation $105,000 $225,000 114.3% 0.2%
    PREMIA MORTGAGE, LLC $225,000 n/a 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $225,000 n/a 0.2%
    Towne Bank $185,000 $225,000 21.6% 0.2%
    Bank of America $690,000 $220,000 -68.1% 0.2%
    Blue Ridge Bank $600,000 $210,000 -65.0% 0.2%
    COASTAL Federal Credit Union $280,000 $210,000 -25.0% 0.2%
    Uwharrie Bank $905,000 $210,000 -76.8% 0.2%
    ACOPIA, LLC $205,000 n/a 0.2%
    United Community Bank $205,000 n/a 0.2%
    SUCCESS MORTGAGE PARTNERS, INC. $175,000 $195,000 11.4% 0.2%
    SeaTrust Mortgage Company $185,000 n/a 0.2%
    The Federal Savings Bank $195,000 $185,000 -5.1% 0.2%
    BAY EQUITY LLC $205,000 $175,000 -14.6% 0.2%
    Platinum Home Mortgage Corporation $175,000 n/a 0.2%
    CORNERSTONE HOME LENDING, INC. $975,000 $170,000 -82.6% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $165,000 n/a 0.2%
    Carrington Mortgage Services, LLC $240,000 $160,000 -33.3% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $535,000 $160,000 -70.1% 0.1%
    American National Bank and Trust Company $110,000 $145,000 31.8% 0.1%
    Citizens Bank $145,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $145,000 n/a 0.1%
    SPRING EQ, LLC $145,000 n/a 0.1%
    C & F Mortgage Corporation $135,000 n/a 0.1%
    PLAZA HOME MORTGAGE, INC. $135,000 n/a 0.1%
    CERTAINTY HOME LOANS, LLC $145,000 $130,000 -10.3% 0.1%
    AgFirst Farm Credit Bank $125,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $45,000 $125,000 177.8% 0.1%
    DOMINION FINANCIAL SERVICES, LLC $125,000 n/a 0.1%
    PREMIER LENDING, INC. $125,000 n/a 0.1%
    Truliant Federal Credit Union $125,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $145,000 $115,000 -20.7% 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $115,000 n/a 0.1%
    TJC Mortgage, Inc. $95,000 $115,000 21.1% 0.1%
    Equity Prime Mortgage LLC $105,000 n/a 0.1%
    Figure Lending LLC $255,000 $105,000 -58.8% 0.1%
    South State Bank $105,000 n/a 0.1%
    CORNING $135,000 $95,000 -29.6% 0.1%
    LENDINGONE, LLC $95,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $480,000 $95,000 -80.2% 0.1%
    LIMA ONE CAPITAL, LLC $240,000 $95,000 -60.4% 0.1%
    MORTGAGE INVESTORS GROUP, INC. $95,000 n/a 0.1%
    GUARANTEED RATE, INC. $85,000 n/a 0.1%
    Hometown Lenders, Inc. $265,000 $85,000 -67.9% 0.1%
    RESIDENTIAL BANCORP. $85,000 n/a 0.1%
    Discover Bank $65,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $175,000 $55,000 -68.6% 0.1%
    Deere Employees Credit Union $55,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $100,000 $35,000 -65.0% 0.0%
    Bank OZK $35,000 n/a 0.0%
    Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%
    Lumbee Guaranty Bank $70,000 $25,000 -64.3% 0.0%

    Rockingham's top lender by overall market share is STATE EMPLOYEES', with 22.6% market share. In second place, with 10.3%, is QUICKEN LOANS, LLC, having originated $11,065,000 in loans. In third place, with 4.2%, is LOCAL GOVERNMENT FEDERAL CREDIT UNION, having originated $4,470,000 in loans. In fourth place, with 4.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,365,000 in loans. In fifth place, with 3.4%, is First Bank, having originated $3,655,000 in loans.

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

    Realtor.com - Rockingham (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 $119,875 (4.7%) $140,858 (-1.9%) 0.00 128
    2018-02-01 $120,875 (1.2%) $144,192 (-2.1%) 0.00 119
    2018-03-01 $123,000 (7.5%) $150,444 (9.5%) 0.00 104
    2018-04-01 $127,875 (10.3%) $151,987 (13.7%) 0.00 105
    2018-05-01 $136,500 (24.1%) $164,025 (21.6%) 0.00 104
    2018-06-01 $121,500 (10.6%) $152,509 (14.3%) 0.00 103
    2018-07-01 $121,250 (12.4%) $153,246 (19.0%) 0.00 105
    2018-08-01 $122,225 (11.1%) $151,337 (13.0%) 0.00 102
    2018-09-01 $119,900 (0.8%) $152,461 (7.4%) 0.00 91
    2018-10-01 $111,625 (-6.4%) $151,795 (3.9%) 0.00 85
    2018-11-01 $129,000 (10.3%) $160,131 (15.5%) 0.00 83
    2018-12-01 $127,000 (6.3%) $148,734 (4.9%) 0.00 83
    2019-01-01 $121,400 (1.3%) $146,818 (4.2%) 0.00 93
    2019-02-01 $120,725 (-0.1%) $146,287 (1.5%) 0.00 96
    2019-03-01 $118,336 (-3.8%) $144,300 (-4.1%) 0.00 89
    2019-04-01 $117,561 (-8.1%) $142,465 (-6.3%) 0.00 84
    2019-05-01 $120,675 (-11.6%) $137,507 (-16.2%) 0.00 82
    2019-06-01 $114,950 (-5.4%) $135,757 (-11.0%) 0.00 82
    2019-07-01 $118,550 (-2.2%) $136,265 (-11.1%) 0.00 91
    2019-08-01 $122,109 (-0.1%) $143,430 (-5.2%) 0.00 88
    2019-09-01 $125,423 (4.6%) $152,049 (-0.3%) 0.00 80
    2019-10-01 $123,482 (10.6%) $153,672 (1.2%) 0.00 75
    2019-11-01 $111,400 (-13.6%) $144,316 (-9.9%) 0.00 79
    2019-12-01 $101,950 (-19.7%) $147,912 (-0.6%) 0.00 70
    2020-01-01 $104,725 (-13.7%) $143,579 (-2.2%) 0.00 62
    2020-02-01 $103,450 (-14.3%) $144,812 (-1.0%) 0.00 70
    2020-03-01 $104,725 (-11.5%) $160,415 (11.2%) 0.00 71
    2020-04-01 $109,975 (-6.5%) $160,746 (12.8%) 0.00 69
    2020-05-01 $120,000 (-0.6%) $168,864 (22.8%) 0.00 64
    2020-06-01 $124,074 (7.9%) $178,202 (31.3%) 0.00 62
    2020-07-01 $122,549 (3.4%) $170,132 (24.9%) 0.00 53
    2020-08-01 $125,000 (2.4%) $161,445 (12.6%) 0.00 52
    2020-09-01 $109,475 (-12.7%) $170,905 (12.4%) 0.00 44
    2020-10-01 $128,250 (3.9%) $177,021 (15.2%) 0.00 41
    2020-11-01 $123,400 (10.8%) $178,169 (23.5%) 0.00 40
    2020-12-01 $133,925 (31.4%) $170,403 (15.2%) 0.00 43
    2021-01-01 $135,700 (29.6%) $174,820 (21.8%) 0.00 37
    2021-02-01 $163,000 (57.6%) $192,170 (32.7%) 0.00 34
    2021-03-01 $147,950 (41.3%) $192,076 (19.7%) 0.00 36
    2021-04-01 $142,675 (29.7%) $182,795 (13.7%) 0.00 41
    2021-05-01 $139,500 (16.3%) $174,569 (3.4%) 0.00 30
    2021-06-01 $154,675 (24.7%) $171,606 (-3.7%) 0.00 27
    2021-07-01 $149,000 (21.6%) $178,755 (5.1%) 0.00 38
    2021-08-01 $168,700 (35.0%) $188,066 (16.5%) 0.00 37
    2021-09-01 $161,125 (47.2%) $185,589 (8.6%) 0.00 35
    2021-10-01 $158,400 (23.5%) $199,656 (12.8%) 0.00 34
    2021-11-01 $164,650 (33.4%) $208,329 (16.9%) 0.00 33
    2021-12-01 $158,100 (18.1%) $200,967 (17.9%) 0.00 28
    2022-01-01 $159,900 (17.8%) $210,754 (20.6%) 0.00 30
    2022-02-01 $157,675 (-3.3%) $182,256 (-5.2%) 0.00 36
    2022-03-01 $164,225 (11.0%) $228,422 (18.9%) 0.00 37
    2022-04-01 $151,000 (5.8%) $230,306 (26.0%) 0.00 40
    2022-05-01 $161,175 (15.5%) $232,643 (33.3%) 0.00 42
    2022-06-01 $152,425 (-1.5%) $210,736 (22.8%) 0.00 45
    2022-07-01 $164,900 (10.7%) $217,119 (21.5%) 0.00 41
    2022-08-01 $157,063 (-6.9%) $244,785 (30.2%) 0.00 34
    2022-09-01 $168,000 (4.3%) $231,563 (24.8%) 0.00 41
    2022-10-01 $168,000 (6.1%) $231,661 (16.0%) 0.00 48
    2022-11-01 $176,175 (7.0%) $220,384 (5.8%) 0.00 50
    2022-12-01 $197,900 (25.2%) $218,332 (8.6%) 0.00 52
    2023-01-01 $192,950 (20.7%) $214,033 (1.6%) 0.00 51
    2023-02-01 $194,750 (23.5%) $246,254 (35.1%) 0.00 54
    2023-03-01 $192,450 (17.2%) $234,383 (2.6%) 0.00 49
    2023-04-01 $209,500 (38.7%) $246,284 (6.9%) 0.00 42
    2023-05-01 $194,900 (20.9%) $255,349 (9.8%) 0.00 36
    2023-06-01 $214,750 (40.9%) $273,408 (29.7%) 0.00 39
    2023-07-01 $195,000 (18.3%) $246,807 (13.7%) 0.00 43
    2023-08-01 $167,950 (6.9%) $209,231 (-14.5%) 0.00 48
    2023-09-01 $195,000 (16.1%) $244,649 (5.7%) 0.00 58
    2023-10-01 $214,475 (27.7%) $271,093 (17.0%) 0.00 60
    Rockingham's median listing price for 2023-10-01 was $214,475, a difference of $46,475 (27.7%) versus the prior year and $19,475 versus the prior month.

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

    Rockingham's average listing price for 2023-10-01 was $271,093, a difference of $39,432 (17.0%) versus the prior year and $26,444 versus the prior month.

    For the 2023-10-01 period, Rockingham had 60 MLS listings, a difference of 2 listings (3%) versus the prior month and 12 listings (25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Rockingham (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,677 sqft
    2018-02-01 0 days 1,574 sqft
    2018-03-01 0 days 1,515 sqft
    2018-04-01 0 days 1,735 sqft
    2018-05-01 0 days 1,721 sqft
    2018-06-01 0 days 1,520 sqft
    2018-07-01 0 days 1,534 sqft
    2018-08-01 0 days 1,629 sqft
    2018-09-01 0 days 1,667 sqft
    2018-10-01 0 days 1,628 sqft
    2018-11-01 0 days 1,628 sqft
    2018-12-01 0 days 1,603 sqft
    2019-01-01 0 days 1,603 sqft
    2019-02-01 0 days 1,651 sqft
    2019-03-01 0 days 1,641 sqft
    2019-04-01 0 days 1,602 sqft
    2019-05-01 0 days 1,582 sqft
    2019-06-01 0 days 1,540 sqft
    2019-07-01 0 days 1,588 sqft
    2019-08-01 0 days 1,569 sqft
    2019-09-01 0 days 1,582 sqft
    2019-10-01 0 days 1,601 sqft
    2019-11-01 0 days 1,575 sqft
    2019-12-01 0 days 1,588 sqft
    2020-01-01 0 days 1,560 sqft
    2020-02-01 0 days 1,648 sqft
    2020-03-01 0 days 1,598 sqft
    2020-04-01 0 days 1,571 sqft
    2020-05-01 0 days 1,621 sqft
    2020-06-01 0 days 1,623 sqft
    2020-07-01 0 days 1,593 sqft
    2020-08-01 0 days 1,512 sqft
    2020-09-01 0 days 1,536 sqft
    2020-10-01 0 days 1,623 sqft
    2020-11-01 0 days 1,604 sqft
    2020-12-01 0 days 1,535 sqft
    2021-01-01 0 days 1,512 sqft
    2021-02-01 0 days 1,523 sqft
    2021-03-01 0 days 1,593 sqft
    2021-04-01 0 days 1,445 sqft
    2021-05-01 0 days 1,532 sqft
    2021-06-01 0 days 1,557 sqft
    2021-07-01 0 days 1,581 sqft
    2021-08-01 0 days 1,580 sqft
    2021-09-01 0 days 1,588 sqft
    2021-10-01 0 days 1,578 sqft
    2021-11-01 0 days 1,570 sqft
    2021-12-01 0 days 1,408 sqft
    2022-01-01 0 days 1,456 sqft
    2022-02-01 0 days 1,586 sqft
    2022-03-01 0 days 1,498 sqft
    2022-04-01 0 days 1,470 sqft
    2022-05-01 0 days 1,583 sqft
    2022-06-01 0 days 1,418 sqft
    2022-07-01 0 days 1,461 sqft
    2022-08-01 0 days 1,496 sqft
    2022-09-01 0 days 1,522 sqft
    2022-10-01 0 days 1,425 sqft
    2022-11-01 0 days 1,467 sqft
    2022-12-01 0 days 1,607 sqft
    2023-01-01 0 days 1,570 sqft
    2023-02-01 0 days 1,602 sqft
    2023-03-01 0 days 1,573 sqft
    2023-04-01 0 days 1,635 sqft
    2023-05-01 0 days 1,650 sqft
    2023-06-01 0 days 1,587 sqft
    2023-07-01 0 days 1,548 sqft
    2023-08-01 0 days 1,455 sqft
    2023-09-01 0 days 1,564 sqft
    2023-10-01 0 days 1,581 sqft
    Rockingham's median listing age (time on market) for 2023-10-01 was 0 days.

    Rockingham's median square footage for active listings during the 2023-10-01 period was 1,581 sqft. One year prior, the average listing was 1,425 sqft.

    Rockingham, NC Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 419 $66,965,000 $159,821
    Refi 144 $19,360,000 $134,444
    Cash Out Refi 91 $14,315,000 $157,308
    Home Improvement 51 $3,275,000 $64,216
    Other 42 $3,160,000 $75,238

    Rockingham's most frequently cited loan purpose was Home Purchase, with 419 originations. The 2nd most popular reason was Refi, with 144 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 231 $31,805,000 $137,684
    5-6% 155 $25,625,000 $165,323
    4-5% 144 $21,080,000 $146,389
    6-7% 78 $12,410,000 $159,103
    2.5-3% 67 $7,845,000 $117,090
    7-8% 35 $4,465,000 $127,571
    Over 8% 23 $2,265,000 $98,478
    <2.5% 11 $1,455,000 $132,273

    During 2022, Rockingham's most frequently originated rate bucket was 3-4%, with 231 originations.

    Loan Sizing (Rockingham, NC MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 352 $49,080,000 $139,432
    $100,000 or less 255 $15,895,000 $62,333
    $200k-400k 129 $34,875,000 $270,349
    $400k-600k 10 $4,600,000 $460,000
    $Over $1MM 1 $2,625,000 $2,625,000

    Rockingham's loan sizing saw the bucket of loans from $100k-200k with 352 originations, totaling $49,080,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 387 $63,295,000 $163,553
    60-80% 152 $25,310,000 $166,513
    40-60% 82 $8,080,000 $98,537
    20-40% 61 $4,385,000 $71,885
    Under 20% 38 $1,400,000 $36,842
    Over 100% 22 $4,270,000 $194,091

    Rockingham's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 387 originations, totaling $63,295,000 in origination value.