Sanford Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Sanford averaged 7.07% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.85% and one month ago for the week of 2024-03-14, the average rate was 6.31%.

    Sanford's average rate one year ago was 6.14%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.4%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Sanford 30 Year Fixed Rate 2024-04-18 7.07%
    Sanford 30 Year Fixed Rate Refi 2024-04-18 7.4%
    Sanford 15 Year Fixed Rate 2024-04-18 6.59%
    Sanford 15 Year Fixed Rate Refi 2024-04-18 6.79%
    Sanford 30 Year FHA 2024-04-18 6.41%
    Sanford 30 Year FHA Refi 2024-04-18 6.96%
    Sanford 30 Year USDA 2024-04-18 6.86%
    Sanford 30 Year USDA Refi 2024-04-18 7.06%
    Sanford 30 Year VA 2024-04-18 6.39%
    Sanford 30 Year VA Refi 2024-04-18 6.86%
    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
    Sanford's median listing price for 2024-03-01 was $361,850, a difference of $-13,150 (-3.5%) versus the prior year and $-375 versus the prior month.

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

    Sanford's average listing price for 2024-03-01 was $415,875, a difference of $4,103 (1.0%) versus the prior year and $1,310 versus the prior month.

    For the 2024-03-01 period, Sanford had 167 MLS listings, a difference of -15 listings (-8%) versus the prior month and 64 listings (62%) 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
    Sanford's median listing age (time on market) for 2024-03-01 was 0 days.

    Sanford's median square footage for active listings during the 2024-03-01 period was 2,057 sqft. One year prior, the average listing was 2,038 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.