Sanford Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Sanford averaged 6.52% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.63% and one month ago for the week of 2024-05-30, the average rate was 6.7%.

Sanford's average rate one year ago was 6.58%.

For refis of the same type during the week of 2024-07-03, the average rate was 7.55%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Sanford 30 Year Fixed Rate 2024-07-03 6.52%
Sanford 30 Year Fixed Rate Refi 2024-07-03 7.55%
Sanford 15 Year Fixed Rate 2024-07-03 6.45%
Sanford 15 Year Fixed Rate Refi 2024-07-03 6.75%
Sanford 30 Year FHA 2024-07-03 6.38%
Sanford 30 Year FHA Refi 2024-07-03 6.52%
Sanford 30 Year USDA 2024-07-03 6.74%
Sanford 30 Year USDA Refi 2024-07-03 6.94%
Sanford 30 Year VA 2024-07-03 6.21%
Sanford 30 Year VA Refi 2024-07-03 6.38%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sanford, NC.

Sanford 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 Sanford, 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' 66 5.94% $4,306
DHI MORTGAGE COMPANY, LTD. 38 5.52% $2,368
QUICKEN LOANS, LLC 31 6.87% $6,625
MOVEMENT MORTGAGE, LLC 22 6.77% $5,474
UNITED WHOLESALE MORTGAGE, LLC 16 6.95% $7,183
Wells Fargo Bank 13 6.40% $3,593
First-Citizens Bank & Trust Company 13 6.95% $3,872
GoPrime Mortgage, Inc. 11 6.85% $5,901
CMG MORTGAGE, INC. 10 6.92% $7,260
NAVY FEDERAL CREDIT UNION 9 7.17% $3,660
COASTAL Federal Credit Union 7 6.64% $4,196
INTERCOASTAL MORTGAGE COMPANY 7 6.86% $3,539
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 7 6.96% $7,718
Truist 7 7.07% $5,956
LATINO COMMUNITY CREDIT UNION 5 6.90% $4,909
T2 FINANCIAL LLC 5 6.95% $5,065
CROSSCOUNTRY MORTGAGE, LLC 5 6.73% $5,985
First National Bank of Pennsylvania 5 6.38% $3,318
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.75% $7,526
Alcova Mortgage LLC 4 6.75% $3,820
CORNERSTONE HOME LENDING, INC. 4 6.81% $8,023
ZILLOW HOME LOANS, LLC 4 6.16% $5,861
The Fidelity Bank 4 6.53% $8,858
PNC Bank 4 6.84% $4,238
PENNYMAC LOAN SERVICES, LLC 4 7.06% $7,241
HOMESIDE FINANCIAL, LLC 4 7.43% $5,812
LOCAL GOVERNMENT FEDERAL CREDIT UNION 4 6.15% $4,954
LOANDEPOT.COM, LLC 4 7.00% $4,855
PROVIDENT FUNDING ASSOCIATES, L.P. 4 6.69% $5,288
American Security Mortgage Corp. 3 6.21% $7,671
Corporate Investors Mortgage Group, Inc. 3 7.13% $5,613
GUILD MORTGAGE COMPANY 3 7.04% $4,630
NexBank 3 6.67% $4,289
UNION HOME MORTGAGE CORP. 3 6.79% $7,581
GUARANTEED RATE, INC. 3 7.03% $6,904
EQUITY RESOURCES, INC. 3 6.92% $5,212
JPMorgan Chase Bank 3 7.13% $1,917
South Pacific Financial Corporation 3 6.24% $2,434
BETTER MORTGAGE CORPORATION 2 6.63% $6,892
AMERISAVE MORTGAGE CORPORATION 2 6.00% $8,483
CAPITAL CENTER, L.L.C. 2 6.38% $3,944
Deere Employees Credit Union 2 6.75% $3,526
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.88% $3,730
First Bank 2 6.50% $4,953
FREEDOM MORTGAGE CORPORATION 2 6.63% $6,657
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.25% $9,507
NFM, INC. 2 7.38% $4,332
PENTAGON FEDERAL CREDIT UNION 2 6.00% $4,279
Prosperity Home Mortgage, LLC 2 5.81% $8,452
The Federal Savings Bank 2 7.00% $8,566
Towne Mortgage of the Carolinas, LLC 2 6.94% $3,586
Truliant Federal Credit Union 2 6.63% $5,193
First Horizon Bank 1 6.38% $3,621
Mr. Cooper ( Nationstar Mortgage ) 1 5.99% $16,310
AgFirst Farm Credit Bank 1 6.38% $5,329
FIRST HOME MORTGAGE CORPORATION 1 6.49% $4,356
First Farmers Bank and Trust Company 1 7.50% $2,710
Bank of America 1 7.38% $4,534
NVR Mortgage Finance, Inc. 1 7.63% $10,485
EVERETT FINANCIAL, INC. 1 7.99% $7,024
United Community Bank 1 7.50% $4,986
Pinnacle Bank 1 6.50% $2,951
Plains Commerce Bank 1 7.63% $6,479
Discover Bank 1 6.24% $0
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.49% $9,052
Ally Bank 1 5.50% $8,756
Citizens Bank 1 6.99% $2,528
CHURCHILL MORTGAGE CORPORATION 1 7.50% $7,689
RELIANCE FIRST CAPITAL, LLC 1 7.13% $8,946
CARDINAL FINANCIAL 1 5.99% $3,921
CANOPY MORTGAGE, LLC 1 7.50% $3,432
BROKER SOLUTIONS, INC. 1 5.99% $8,003
The Central Trust Bank 1 6.63% $4,115
USAA Federal Savings Bank 1 6.50% $4,104
21ST MORTGAGE CORPORATION 1 7.80% $6,170
The Huntington National Bank 1 6.88% $4,050
The Loan Store, Inc. 1 6.88% $3,911
TIDEWATER MORTGAGE SERVICES, INC. 1 7.00% $5,764
Allen Tate Mortgage Partners, LLC 1 6.50% $4,075
Baxter Credit Union 1 6.88% $3,339
JET HOMELOANS, LLC 1 6.99% $7,454
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.99% $8,586
General Mortgage Capital Corporation 1 7.88% $4,034
Fulton Bank 1 5.63% $4,336
First National Bank of America 1 9.50% $8,608
Morgan Stanley Private Bank 1 6.25% $3,026
Mortgage Research Center, LLC 1 6.63% $3,209

Sanford Average Closing Costs & Other Stats

Sanford, NC's 87 lenders originated 1,427 loans during 2023. The total origination value was $333,295,000, with an average loan value of $233,563.

Sanford's average closing costs are $5,283.

The top Sanford lender as defined by loan originations is STATE EMPLOYEES', with 66 loans originated. Their average total fees are $4,306, which is $1,938 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Sanford lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,368), Wells Fargo Bank ($3,593), First-Citizens Bank & Trust Company ($3,872), STATE EMPLOYEES' ($4,306) and MOVEMENT MORTGAGE, LLC ($5,474).

The lowest rate Sanford lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.52%), STATE EMPLOYEES' (5.94%), Wells Fargo Bank (6.40%), MOVEMENT MORTGAGE, LLC (6.77%) and GoPrime Mortgage, Inc. (6.85%).

Sanford, 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' $45,250,000 $31,380,000 -30.7% 9.4%
DHI MORTGAGE COMPANY, LTD. $415,000 $27,160,000 6,444.6% 8.1%
MOVEMENT MORTGAGE, LLC $12,690,000 $19,765,000 55.8% 5.9%
QUICKEN LOANS, LLC $17,670,000 $15,870,000 -10.2% 4.8%
CMG MORTGAGE, INC. $16,720,000 $10,210,000 -38.9% 3.1%
Arbor Realty Trust, Inc. $2,055,000 $10,205,000 396.6% 3.1%
UNITED WHOLESALE MORTGAGE, LLC $9,180,000 $10,185,000 10.9% 3.1%
First National Bank of Pennsylvania $8,760,000 $8,560,000 -2.3% 2.6%
Mortgage Research Center, LLC $12,095,000 $8,360,000 -30.9% 2.5%
NAVY FEDERAL CREDIT UNION $4,740,000 $8,355,000 76.3% 2.5%
Merchants Bank of Indiana $7,505,000 n/a 2.3%
GoPrime Mortgage, Inc. $6,075,000 $6,360,000 4.7% 1.9%
First-Citizens Bank & Trust Company $6,175,000 $6,325,000 2.4% 1.9%
First Bank $20,975,000 $6,040,000 -71.2% 1.8%
Truist $11,995,000 $5,585,000 -53.4% 1.7%
INTERCOASTAL MORTGAGE COMPANY $3,730,000 $5,040,000 35.1% 1.5%
PNC Bank $6,845,000 $4,710,000 -31.2% 1.4%
The Fidelity Bank $3,970,000 $4,700,000 18.4% 1.4%
Wells Fargo Bank $10,750,000 $4,575,000 -57.4% 1.4%
CORNERSTONE HOME LENDING, INC. $5,120,000 $4,410,000 -13.9% 1.3%
GUILD MORTGAGE COMPANY $355,000 $4,315,000 1,115.5% 1.3%
CROSSCOUNTRY MORTGAGE, LLC $6,620,000 $4,260,000 -35.6% 1.3%
COASTAL Federal Credit Union $4,815,000 $3,880,000 -19.4% 1.2%
FREEDOM MORTGAGE CORPORATION $5,735,000 $3,590,000 -37.4% 1.1%
Bar Harbor Bank & Trust $8,005,000 $3,305,000 -58.7% 1.0%
GUARANTEED RATE, INC. $2,930,000 $3,120,000 6.5% 0.9%
PENNYMAC LOAN SERVICES, LLC $3,275,000 $3,090,000 -5.6% 0.9%
JET HOMELOANS, LLC $6,925,000 $3,030,000 -56.2% 0.9%
American Security Mortgage Corp. $1,700,000 $2,845,000 67.4% 0.9%
UNION HOME MORTGAGE CORP. $1,645,000 $2,675,000 62.6% 0.8%
LOANDEPOT.COM, LLC $4,655,000 $2,580,000 -44.6% 0.8%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $2,815,000 $2,425,000 -13.9% 0.7%
Merchants Capital Corp. $2,355,000 n/a 0.7%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $5,695,000 $2,350,000 -58.7% 0.7%
NFM, INC. $1,480,000 $2,265,000 53.0% 0.7%
USAA Federal Savings Bank $3,090,000 $2,230,000 -27.8% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $3,695,000 $1,945,000 -47.4% 0.6%
LENDINGHOME FUNDING CORPORATION $790,000 $1,940,000 145.6% 0.6%
HOMESIDE FINANCIAL, LLC $330,000 $1,920,000 481.8% 0.6%
MUTUAL OF OMAHA MORTGAGE, INC. $785,000 $1,775,000 126.1% 0.5%
NEW DAY FINANCIAL, LLC $1,125,000 $1,745,000 55.1% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $5,775,000 $1,685,000 -70.8% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,750,000 $1,620,000 -65.9% 0.5%
1ST SIGNATURE LENDING, LLC $1,615,000 n/a 0.5%
First Horizon Bank $1,340,000 $1,595,000 19.0% 0.5%
T2 FINANCIAL LLC $1,775,000 $1,540,000 -13.2% 0.5%
Alcova Mortgage LLC $4,625,000 $1,505,000 -67.5% 0.5%
First Heritage Mortgage, LLC $805,000 $1,475,000 83.2% 0.4%
CARDINAL FINANCIAL $1,380,000 $1,445,000 4.7% 0.4%
First Federal Bank $1,265,000 n/a 0.4%
LATINO COMMUNITY CREDIT UNION $1,630,000 $1,255,000 -23.0% 0.4%
Truliant Federal Credit Union $385,000 $1,255,000 226.0% 0.4%
Prosperity Home Mortgage, LLC $2,750,000 $1,195,000 -56.5% 0.4%
ACADEMY MORTGAGE CORPORATION $310,000 $1,190,000 283.9% 0.4%
Carter Bank & Trust $475,000 $1,190,000 150.5% 0.4%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,080,000 $1,190,000 10.2% 0.4%
BROKER SOLUTIONS, INC. $1,595,000 $1,155,000 -27.6% 0.3%
RF Renovo Management Company, LLC $230,000 $1,110,000 382.6% 0.3%
EQUITY RESOURCES, INC. $1,445,000 $1,095,000 -24.2% 0.3%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $420,000 $1,085,000 158.3% 0.3%
Towne Mortgage of the Carolinas, LLC $1,990,000 $1,075,000 -46.0% 0.3%
AMERISAVE MORTGAGE CORPORATION $2,505,000 $1,005,000 -59.9% 0.3%
Plains Commerce Bank $380,000 $990,000 160.5% 0.3%
The Federal Savings Bank $1,205,000 $990,000 -17.8% 0.3%
BETTER MORTGAGE CORPORATION $2,345,000 $970,000 -58.6% 0.3%
South Pacific Financial Corporation $965,000 n/a 0.3%
Flagstar Bank, FSB $655,000 $960,000 46.6% 0.3%
Corporate Investors Mortgage Group, Inc. $585,000 $915,000 56.4% 0.3%
Discover Bank $255,000 $890,000 249.0% 0.3%
ZILLOW HOME LOANS, LLC $1,285,000 $890,000 -30.7% 0.3%
NexBank $385,000 $875,000 127.3% 0.3%
CITY FIRST MORTGAGE SERVICES, L.L.C. $860,000 n/a 0.3%
Bank of America $1,830,000 $845,000 -53.8% 0.3%
Keystone Funding, Inc. $845,000 n/a 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,130,000 $825,000 -61.3% 0.2%
CAPITAL CENTER, L.L.C. $1,145,000 $775,000 -32.3% 0.2%
Citizens Bank $730,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $600,000 $705,000 17.5% 0.2%
FIRST HOME MORTGAGE CORPORATION $700,000 n/a 0.2%
TOP FLITE FINANCIAL, INC. $595,000 n/a 0.2%
Magnolia Bank $390,000 $590,000 51.3% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $935,000 $590,000 -36.9% 0.2%
21ST MORTGAGE CORPORATION $170,000 $565,000 232.4% 0.2%
Carrington Mortgage Services, LLC $960,000 $565,000 -41.1% 0.2%
PENTAGON FEDERAL CREDIT UNION $1,265,000 $535,000 -57.7% 0.2%
Deere Employees Credit Union $290,000 $530,000 82.8% 0.2%
LOANPAL, LLC $520,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $615,000 $510,000 -17.1% 0.2%
CLEARPATH LENDING $645,000 $510,000 -20.9% 0.2%
United Community Bank $1,065,000 $510,000 -52.1% 0.2%
Paramount Residential Mortgage Group, Inc. $235,000 $490,000 108.5% 0.1%
Meridian Bank Corporation $465,000 n/a 0.1%
AgFirst Farm Credit Bank $395,000 $450,000 13.9% 0.1%
American Airlines Federal Credit Union $415,000 n/a 0.1%
Equity Prime Mortgage LLC $410,000 n/a 0.1%
Northpointe Bank $670,000 $410,000 -38.8% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $410,000 n/a 0.1%
Blue Ridge Bank $1,070,000 $395,000 -63.1% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $350,000 $365,000 4.3% 0.1%
HOMESPIRE MORTGAGE CORPORATION $905,000 $365,000 -59.7% 0.1%
Allen Tate Mortgage Partners, LLC $355,000 n/a 0.1%
EVERETT FINANCIAL, INC. $185,000 $350,000 89.2% 0.1%
NEWREZ LLC $1,740,000 $350,000 -79.9% 0.1%
SOUTHERN TRUST MORTGAGE, LLC $3,155,000 $345,000 -89.1% 0.1%
TIDEWATER MORTGAGE SERVICES, INC. $345,000 n/a 0.1%
Fulton Bank $335,000 n/a 0.1%
MICHIGAN MUTUAL, INC. $335,000 n/a 0.1%
Morgan Stanley Private Bank $335,000 n/a 0.1%
PREMIA MORTGAGE, LLC $690,000 $325,000 -52.9% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $165,000 $325,000 97.0% 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $315,000 n/a 0.1%
The Huntington National Bank $315,000 n/a 0.1%
CERTAINTY HOME LOANS, LLC $1,625,000 $305,000 -81.2% 0.1%
AMWEST FUNDING CORP. $235,000 $295,000 25.5% 0.1%
VILLAGE CAPITAL MORTGAGE $190,000 $295,000 55.3% 0.1%
Armed Forces Bank $510,000 $285,000 -44.1% 0.1%
CONTOUR MORTGAGE CORPORATION $205,000 $285,000 39.0% 0.1%
LAKEVIEW LOAN SERVICING, LLC $690,000 $285,000 -58.7% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $275,000 $285,000 3.6% 0.1%
ALTITUDE FINANCIAL CORPORATION $275,000 n/a 0.1%
NVR Mortgage Finance, Inc. $275,000 n/a 0.1%
RESOURCE FINANCIAL SERVICES, INC. $125,000 $275,000 120.0% 0.1%
Shamrock Home Loans, Inc. $255,000 $275,000 7.8% 0.1%
RELIANCE FIRST CAPITAL, LLC $425,000 $265,000 -37.6% 0.1%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $255,000 n/a 0.1%
Baxter Credit Union $85,000 $255,000 200.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $530,000 $255,000 -51.9% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $255,000 n/a 0.1%
NBKC BANK $470,000 $245,000 -47.9% 0.1%
Ameris Bank $780,000 $225,000 -71.2% 0.1%
JPMorgan Chase Bank $2,155,000 $225,000 -89.6% 0.1%
Paramount Bank $225,000 n/a 0.1%
SELF-HELP Credit Union $215,000 $225,000 4.7% 0.1%
The Central Trust Bank $510,000 $225,000 -55.9% 0.1%
Ally Bank $205,000 $215,000 4.9% 0.1%
Sound Bank $215,000 n/a 0.1%
SUN WEST MORTGAGE COMPANY, INC. $355,000 $215,000 -39.4% 0.1%
The Loan Store, Inc. $215,000 n/a 0.1%
CANOPY MORTGAGE, LLC $205,000 n/a 0.1%
Citadel Servicing Corporation $105,000 $205,000 95.2% 0.1%
General Mortgage Capital Corporation $195,000 n/a 0.1%
HUNT MORTGAGE CORPORATION $585,000 $195,000 -66.7% 0.1%
MLB RESIDENTIAL LENDING, LLC $195,000 n/a 0.1%
NORWICH COMMERCIAL GROUP, INC. $195,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $185,000 n/a 0.1%
First National Bank of America $185,000 n/a 0.1%
SPRING EQ, LLC $95,000 $165,000 73.7% 0.0%
PLAZA HOME MORTGAGE, INC. $620,000 $155,000 -75.0% 0.0%
EMM LOANS LLC $145,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $530,000 $140,000 -73.6% 0.0%
AMERICAN FINANCING CORPORATION $415,000 $135,000 -67.5% 0.0%
U.S. Bank $585,000 $125,000 -78.6% 0.0%
RTP Federal Credit Union $25,000 $120,000 380.0% 0.0%
Pinnacle Bank $115,000 n/a 0.0%
Figure Lending LLC $535,000 $110,000 -79.4% 0.0%
ALLIANT CREDIT UNION $35,000 $105,000 200.0% 0.0%
First Farmers Bank and Trust Company $75,000 n/a 0.0%
UTILITIES EMPLOYEES CREDIT UNION $75,000 n/a 0.0%
LANGLEY $65,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $95,000 $65,000 -31.6% 0.0%
DOMINION FINANCIAL SERVICES, LLC $55,000 n/a 0.0%
Fifth Third Bank $380,000 $55,000 -85.5% 0.0%
Northwest Federal Credit Union $210,000 $55,000 -73.8% 0.0%
MidFirst Bank $35,000 n/a 0.0%

Sanford's top lender by overall market share is STATE EMPLOYEES', with 9.4% market share. In second place, with 8.1%, is DHI MORTGAGE COMPANY, LTD., having originated $27,160,000 in loans. In third place, with 5.9%, is MOVEMENT MORTGAGE, LLC, having originated $19,765,000 in loans. In fourth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $15,870,000 in loans. In fifth place, with 3.1%, is CMG MORTGAGE, INC., having originated $10,210,000 in loans.


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

Realtor.com - Sanford (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 $213,300 (12.6%) $228,727 (4.2%) 0.00 211
2018-02-01 $209,211 (7.6%) $226,149 (0.2%) 0.00 197
2018-03-01 $214,747 (7.6%) $232,899 (0.8%) 0.00 194
2018-04-01 $213,633 (1.8%) $233,508 (2.0%) 0.00 186
2018-05-01 $218,950 (3.8%) $234,529 (-2.3%) 0.00 172
2018-06-01 $216,900 (3.4%) $235,291 (-0.6%) 0.00 164
2018-07-01 $221,425 (5.5%) $238,041 (-1.1%) 0.00 175
2018-08-01 $226,550 (13.3%) $241,940 (9.1%) 0.00 167
2018-09-01 $224,950 (12.6%) $229,996 (6.4%) 0.00 169
2018-10-01 $225,000 (13.9%) $235,052 (10.2%) 0.00 178
2018-11-01 $226,225 (12.7%) $237,121 (8.5%) 0.00 179
2018-12-01 $225,000 (10.7%) $232,970 (6.0%) 0.00 187
2019-01-01 $225,000 (5.5%) $238,466 (4.3%) 0.00 180
2019-02-01 $225,375 (7.7%) $247,965 (9.7%) 0.00 177
2019-03-01 $226,071 (5.3%) $256,654 (10.2%) 0.00 178
2019-04-01 $227,321 (6.4%) $265,278 (13.6%) 0.00 185
2019-05-01 $226,250 (3.3%) $268,730 (14.6%) 0.00 189
2019-06-01 $234,900 (8.3%) $277,664 (18.0%) 0.00 178
2019-07-01 $237,063 (7.1%) $277,701 (16.7%) 0.00 181
2019-08-01 $239,900 (5.9%) $280,297 (15.9%) 0.00 179
2019-09-01 $239,900 (6.7%) $280,115 (21.8%) 0.00 186
2019-10-01 $239,450 (6.4%) $278,603 (18.5%) 0.00 188
2019-11-01 $235,000 (3.9%) $281,262 (18.6%) 0.00 178
2019-12-01 $228,850 (1.7%) $277,683 (19.2%) 0.00 166
2020-01-01 $224,250 (-0.3%) $267,883 (12.3%) 0.00 165
2020-02-01 $229,200 (1.7%) $280,719 (13.2%) 0.00 138
2020-03-01 $244,925 (8.3%) $288,098 (12.3%) 0.00 134
2020-04-01 $245,975 (8.2%) $292,274 (10.2%) 0.00 134
2020-05-01 $236,000 (4.3%) $285,270 (6.2%) 0.00 124
2020-06-01 $266,175 (13.3%) $306,701 (10.5%) 0.00 91
2020-07-01 $257,200 (8.5%) $297,814 (7.2%) 0.00 77
2020-08-01 $249,900 (4.2%) $298,318 (6.4%) 0.00 79
2020-09-01 $270,637 (12.8%) $311,885 (11.3%) 0.00 81
2020-10-01 $259,000 (8.2%) $316,642 (13.7%) 0.00 67
2020-11-01 $251,300 (6.9%) $316,725 (12.6%) 0.00 68
2020-12-01 $260,000 (13.6%) $327,462 (17.9%) 0.00 61
2021-01-01 $259,000 (15.5%) $322,398 (20.4%) 0.00 58
2021-02-01 $274,698 (19.9%) $318,773 (13.6%) 0.00 61
2021-03-01 $269,925 (10.2%) $281,918 (-2.2%) 0.00 53
2021-04-01 $285,210 (16.0%) $306,390 (4.8%) 0.00 50
2021-05-01 $275,000 (16.5%) $349,718 (22.6%) 0.00 47
2021-06-01 $315,190 (18.4%) $391,097 (27.5%) 0.00 47
2021-07-01 $332,250 (29.2%) $390,710 (31.2%) 0.00 58
2021-08-01 $328,640 (31.5%) $377,005 (26.4%) 0.00 83
2021-09-01 $314,450 (16.2%) $361,304 (15.9%) 0.00 88
2021-10-01 $299,750 (15.7%) $380,124 (20.1%) 0.00 79
2021-11-01 $337,400 (34.3%) $385,684 (21.8%) 0.00 65
2021-12-01 $347,996 (33.8%) $418,728 (27.9%) 0.00 52
2022-01-01 $344,586 (33.0%) $412,850 (28.1%) 0.00 38
2022-02-01 $319,475 (16.3%) $380,872 (19.5%) 0.00 37
2022-03-01 $328,675 (21.8%) $411,091 (45.8%) 0.00 31
2022-04-01 $356,450 (25.0%) $467,764 (52.7%) 0.00 36
2022-05-01 $354,900 (29.1%) $454,905 (30.1%) 0.00 39
2022-06-01 $365,975 (16.1%) $417,802 (6.8%) 0.00 62
2022-07-01 $350,000 (5.3%) $390,655 (0.0%) 0.00 74
2022-08-01 $358,950 (9.2%) $391,281 (3.8%) 0.00 66
2022-09-01 $374,500 (19.1%) $410,295 (13.6%) 0.00 64
2022-10-01 $369,900 (23.4%) $419,584 (10.4%) 0.00 82
2022-11-01 $377,095 (11.8%) $421,611 (9.3%) 0.00 85
2022-12-01 $394,000 (13.2%) $434,198 (3.7%) 0.00 85
2023-01-01 $377,875 (9.7%) $407,912 (-1.2%) 0.00 86
2023-02-01 $373,650 (17.0%) $411,864 (8.1%) 0.00 89
2023-03-01 $375,000 (14.1%) $411,772 (0.2%) 0.00 103
2023-04-01 $380,002 (6.6%) $397,285 (-15.1%) 0.00 110
2023-05-01 $377,502 (6.4%) $405,860 (-10.8%) 0.00 124
2023-06-01 $384,738 (5.1%) $420,716 (0.7%) 0.00 144
2023-07-01 $374,990 (7.1%) $407,109 (4.2%) 0.00 150
2023-08-01 $361,388 (0.7%) $392,005 (0.2%) 0.00 162
2023-09-01 $360,925 (-3.6%) $399,690 (-2.6%) 0.00 166
2023-10-01 $364,425 (-1.5%) $407,297 (-2.9%) 0.00 184
2023-11-01 $358,120 (-5.0%) $406,080 (-3.7%) 0.00 188
2023-12-01 $360,000 (-8.6%) $413,747 (-4.7%) 0.00 186
2024-01-01 $368,139 (-2.6%) $422,589 (3.6%) 0.00 178
2024-02-01 $362,225 (-3.1%) $414,565 (0.7%) 0.00 182
2024-03-01 $361,850 (-3.5%) $415,875 (1.0%) 0.00 167
2024-04-01 $359,950 (-5.3%) $395,795 (-0.4%) 0.00 187
2024-05-01 $355,667 (-5.8%) $401,130 (-1.2%) 0.00 212
2024-06-01 $370,000 (-3.8%) $412,405 (-2.0%) 0.00 217
Sanford's median listing price for 2024-06-01 was $370,000, a difference of $-14,738 (-3.8%) versus the prior year and $14,333 versus the prior month.

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

Sanford's average listing price for 2024-06-01 was $412,405, a difference of $-8,311 (-2.0%) versus the prior year and $11,275 versus the prior month.

For the 2024-06-01 period, Sanford had 217 MLS listings, a difference of 5 listings (2%) versus the prior month and 73 listings (51%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Sanford (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,271 sqft
2018-02-01 0 days 2,156 sqft
2018-03-01 0 days 2,100 sqft
2018-04-01 0 days 2,100 sqft
2018-05-01 0 days 2,189 sqft
2018-06-01 0 days 2,102 sqft
2018-07-01 0 days 2,237 sqft
2018-08-01 0 days 2,270 sqft
2018-09-01 0 days 2,100 sqft
2018-10-01 0 days 2,100 sqft
2018-11-01 0 days 2,100 sqft
2018-12-01 0 days 2,100 sqft
2019-01-01 0 days 2,111 sqft
2019-02-01 0 days 2,147 sqft
2019-03-01 0 days 2,145 sqft
2019-04-01 0 days 2,156 sqft
2019-05-01 0 days 2,170 sqft
2019-06-01 0 days 2,256 sqft
2019-07-01 0 days 2,179 sqft
2019-08-01 0 days 2,158 sqft
2019-09-01 0 days 2,126 sqft
2019-10-01 0 days 2,100 sqft
2019-11-01 0 days 2,100 sqft
2019-12-01 0 days 2,100 sqft
2020-01-01 0 days 2,093 sqft
2020-02-01 0 days 2,100 sqft
2020-03-01 0 days 2,143 sqft
2020-04-01 0 days 2,201 sqft
2020-05-01 0 days 2,144 sqft
2020-06-01 0 days 2,304 sqft
2020-07-01 0 days 2,311 sqft
2020-08-01 0 days 2,300 sqft
2020-09-01 0 days 2,329 sqft
2020-10-01 0 days 2,300 sqft
2020-11-01 0 days 2,298 sqft
2020-12-01 0 days 2,336 sqft
2021-01-01 0 days 2,300 sqft
2021-02-01 0 days 2,296 sqft
2021-03-01 0 days 2,100 sqft
2021-04-01 0 days 2,216 sqft
2021-05-01 0 days 1,950 sqft
2021-06-01 0 days 2,171 sqft
2021-07-01 0 days 2,301 sqft
2021-08-01 0 days 2,259 sqft
2021-09-01 0 days 2,105 sqft
2021-10-01 0 days 2,120 sqft
2021-11-01 0 days 2,324 sqft
2021-12-01 0 days 2,298 sqft
2022-01-01 0 days 2,301 sqft
2022-02-01 0 days 1,925 sqft
2022-03-01 0 days 2,061 sqft
2022-04-01 0 days 2,300 sqft
2022-05-01 0 days 2,190 sqft
2022-06-01 0 days 2,337 sqft
2022-07-01 0 days 2,189 sqft
2022-08-01 0 days 2,271 sqft
2022-09-01 0 days 2,257 sqft
2022-10-01 0 days 2,151 sqft
2022-11-01 0 days 2,156 sqft
2022-12-01 0 days 2,243 sqft
2023-01-01 0 days 2,116 sqft
2023-02-01 0 days 2,085 sqft
2023-03-01 0 days 2,038 sqft
2023-04-01 0 days 2,134 sqft
2023-05-01 0 days 2,134 sqft
2023-06-01 0 days 2,157 sqft
2023-07-01 0 days 2,083 sqft
2023-08-01 0 days 2,051 sqft
2023-09-01 0 days 2,072 sqft
2023-10-01 0 days 2,055 sqft
2023-11-01 0 days 2,023 sqft
2023-12-01 0 days 2,034 sqft
2024-01-01 0 days 2,095 sqft
2024-02-01 0 days 2,020 sqft
2024-03-01 0 days 2,057 sqft
2024-04-01 0 days 2,088 sqft
2024-05-01 0 days 2,025 sqft
2024-06-01 0 days 2,124 sqft
Sanford's median listing age (time on market) for 2024-06-01 was 0 days.

Sanford's median square footage for active listings during the 2024-06-01 period was 2,124 sqft. One year prior, the average listing was 2,157 sqft.

Sanford, NC Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 830 $254,570,000 $306,711
Cash Out Refi 168 $34,110,000 $203,036
Other 162 $16,160,000 $99,753
Home Improvement 138 $11,500,000 $83,333
Refi 129 $16,955,000 $131,434

Sanford's most frequently cited loan purpose was Home Purchase, with 830 originations. The 2nd most popular reason was Cash Out Refi, with 168 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 441 $127,235,000 $288,515
7-8% 347 $79,925,000 $230,331
5-6% 266 $75,160,000 $282,556
Over 8% 199 $22,855,000 $114,849
4-5% 148 $22,820,000 $154,189
<2.5% 10 $500,000 $50,000
3-4% 2 $280,000 $140,000
2.5-3% 2 $580,000 $290,000

During 2023, Sanford's most frequently originated rate bucket was 6-7%, with 441 originations.

Loan Sizing (Sanford, NC MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 665 $189,995,000 $285,707
$100,000 or less 333 $18,545,000 $55,691
$100k-200k 319 $47,835,000 $149,953
$400k-600k 90 $40,960,000 $455,111
$600k-1000k 15 $11,475,000 $765,000
$Over $1MM 5 $24,485,000 $4,897,000

Sanford's loan sizing saw the bucket of loans from $200k-400k with 665 originations, totaling $189,995,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 589 $178,315,000 $302,742
60-80% 259 $74,785,000 $288,745
20-40% 215 $21,695,000 $100,907
Under 20% 190 $8,610,000 $45,316
40-60% 108 $19,360,000 $179,259
Over 100% 55 $25,175,000 $457,727

Sanford's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 589 originations, totaling $178,315,000 in origination value.