Scottsboro Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Scottsboro averaged 6.99% for the week of 2024-07-11, compared to the national average of 6.89% for the same period.

The average rate for the prior week (2024-07-03) was 7.15% and one month ago for the week of 2024-06-06, the average rate was 6.99%.

Scottsboro's average rate one year ago was 6.91%.

For refis of the same type during the week of 2024-07-11, the average rate was 7.39%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-11 6.89%
Scottsboro 30 Year Fixed Rate 2024-07-11 6.99%
Scottsboro 30 Year Fixed Rate Refi 2024-07-11 7.39%
Scottsboro 15 Year Fixed Rate 2024-07-11 6.07%
Scottsboro 15 Year Fixed Rate Refi 2024-07-11 6.17%
Scottsboro 30 Year FHA 2024-07-11 6.57%
Scottsboro 30 Year FHA Refi 2024-07-11 6.96%
Scottsboro 30 Year USDA 2024-07-11 6.47%
Scottsboro 30 Year USDA Refi 2024-07-11 6.47%
Scottsboro 30 Year VA 2024-07-11 6.16%
Scottsboro 30 Year VA Refi 2024-07-11 6.26%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Scottsboro, AL.

Scottsboro 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 Scottsboro, AL 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
REDSTONE Federal Credit Union 32 7.25% $2,862
QUICKEN LOANS, LLC 24 7.03% $6,183
GUARANTEED RATE, INC. 19 6.35% $6,188
Renasant Bank 12 7.01% $4,842
BancorpSouth 11 6.76% $4,282
Regions Bank 10 6.44% $5,460
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.87% $6,421
MOVEMENT MORTGAGE, LLC 6 6.23% $6,372
UNITED WHOLESALE MORTGAGE, LLC 6 6.45% $8,080
FirstBank 6 6.35% $6,004
TENNESSEE VALLEY 4 5.89% $3,765
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 7.03% $5,892
LOANDEPOT.COM, LLC 4 7.16% $5,140
Wells Fargo Bank 3 6.08% $5,212
UNION HOME MORTGAGE CORP. 3 6.38% $6,264
AMERISAVE MORTGAGE CORPORATION 3 6.75% $6,960
BROKER SOLUTIONS, INC. 2 7.81% $5,579
MORTGAGE INVESTORS GROUP, INC. 2 6.75% $3,434
Citizens Bank 2 7.31% $5,160
CROSSCOUNTRY MORTGAGE, LLC 2 6.85% $6,184
PLANET HOME LENDING, LLC 2 7.31% $6,033
VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.37% $6,044
AMERICAN FINANCING CORPORATION 2 6.50% $6,102
TJC Mortgage, Inc. 2 6.75% $6,599
Total Media Management, LLC 2 6.13% $6,507
NEWREZ LLC 1 7.63% $6,292
PNC Bank 1 7.25% $3,779
ROYAL UNITED MORTGAGE LLC 1 7.25% $7,109
SouthPoint Bank 1 7.63% $3,244
STOCKTON MORTGAGE CORPORATION 1 7.50% $11,172
Synovus Bank 1 6.88% $3,724
The Central Trust Bank 1 5.63% $2,285
Town Square Mortgage & Investments, Inc. 1 6.88% $7,132
ALABAMA TEACHERS 1 6.75% $3,634
U.S. Bank 1 7.50% $3,078
VAN DYK MORTGAGE CORPORATION 1 8.00% $8,097
Victorian Finance, LLC 1 7.63% $6,995
Trustmark National Bank 1 8.00% $5,577
Ameris Bank 1 6.75% $6,791
Assurance Financial Group, L.L.C. 1 7.38% $3,485
AVADIAN 1 6.50% $3,395
Bank Independent 1 8.09% $573
Bank of England 1 7.25% $3,903
Baxter Credit Union 1 6.63% $2,897
Capital City Home Loans, LLC 1 5.25% $6,703
Century Mortgage Company DBA Century Lending Company 1 7.38% $6,341
CERTAINTY HOME LOANS, LLC 1 6.95% $6,741
CHURCHILL MORTGAGE CORPORATION 1 6.88% $3,522
CMG MORTGAGE, INC. 1 6.88% $8,816
COMMUNITYAMERICA 1 6.38% $7,605
DELTA COMMUNITY CREDIT UNION 1 6.13% $3,187
Discover Bank 1 7.49% $0
FIRST COMMUNITY MORTGAGE, INC. 1 6.75% $5,848
First National Bank of America 1 11.24% $7,913
Flagstar Bank, FSB 1 7.63% $2,724
GUARANTY HOME MORTGAGE CORPORATION 1 6.63% $5,788
Hamilton Mortgage Corporation 1 6.75% $6,052
JPMorgan Chase Bank 1 6.38% $3,501
Metro City Bank 1 7.75% $4,960
Mr. Cooper ( Nationstar Mortgage ) 1 5.88% $8,007
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $5,117
NAVY FEDERAL CREDIT UNION 1 5.88% $4,740

Scottsboro Average Closing Costs & Other Stats

Scottsboro, AL's 62 lenders originated 827 loans during 2023. The total origination value was $138,195,000, with an average loan value of $167,104.

Scottsboro's average closing costs are $4,947.

The top Scottsboro lender as defined by loan originations is REDSTONE Federal Credit Union, with 32 loans originated. Their average total fees are $2,862, which is $3,321 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Scottsboro lenders (with over 10 loans originated) are REDSTONE Federal Credit Union ($2,862), BancorpSouth ($4,282), Renasant Bank ($4,842), Regions Bank ($5,460) and QUICKEN LOANS, LLC ($6,183).

The lowest rate Scottsboro lenders (with over 10 loans originated) are GUARANTEED RATE, INC. (6.35%), Regions Bank (6.44%), BancorpSouth (6.76%), Renasant Bank (7.01%) and QUICKEN LOANS, LLC (7.03%).

Scottsboro, AL 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
REDSTONE Federal Credit Union $12,655,000 $12,020,000 -5.0% 8.7%
QUICKEN LOANS, LLC $10,175,000 $10,690,000 5.1% 7.7%
GUARANTEED RATE, INC. $9,855,000 n/a 7.1%
First Jackson Bank, Inc. $14,160,000 $7,315,000 -48.3% 5.3%
BancorpSouth $12,995,000 $7,070,000 -45.6% 5.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $10,250,000 $5,785,000 -43.6% 4.2%
Regions Bank $5,950,000 $5,140,000 -13.6% 3.7%
UNITED WHOLESALE MORTGAGE, LLC $5,725,000 $4,765,000 -16.8% 3.4%
Renasant Bank $6,290,000 $4,305,000 -31.6% 3.1%
FirstBank $2,900,000 $4,105,000 41.6% 3.0%
Mortgage Research Center, LLC $4,200,000 $3,245,000 -22.7% 2.3%
MOVEMENT MORTGAGE, LLC $2,070,000 $2,695,000 30.2% 2.0%
GMFS LLC $1,035,000 $2,430,000 134.8% 1.8%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,085,000 $2,400,000 -22.2% 1.7%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $935,000 $2,035,000 117.6% 1.5%
Citizens Bank & Trust, Inc. $3,230,000 $2,025,000 -37.3% 1.5%
LOANDEPOT.COM, LLC $6,950,000 $1,770,000 -74.5% 1.3%
BROKER SOLUTIONS, INC. $625,000 $1,595,000 155.2% 1.2%
UNION HOME MORTGAGE CORP. $1,555,000 n/a 1.1%
21ST MORTGAGE CORPORATION $2,240,000 $1,535,000 -31.5% 1.1%
PNC Bank $1,460,000 $1,530,000 4.8% 1.1%
CROSSCOUNTRY MORTGAGE, LLC $340,000 $1,495,000 339.7% 1.1%
TJC Mortgage, Inc. $2,980,000 $1,195,000 -59.9% 0.9%
FAMILY SAVINGS $1,670,000 $1,165,000 -30.2% 0.8%
USAA Federal Savings Bank $450,000 $1,155,000 156.7% 0.8%
Citizens Bank $95,000 $1,150,000 1,110.5% 0.8%
Citizens Tri-County Bank $310,000 $1,070,000 245.2% 0.8%
SUMMIT FUNDING, INC. $520,000 $1,050,000 101.9% 0.8%
Bank Independent $590,000 $1,015,000 72.0% 0.7%
Wells Fargo Bank $995,000 $940,000 -5.5% 0.7%
PLANET HOME LENDING, LLC $930,000 n/a 0.7%
AVADIAN $115,000 $920,000 700.0% 0.7%
TENNESSEE VALLEY $1,235,000 $825,000 -33.2% 0.6%
Citizens Bank & Trust $2,690,000 $815,000 -69.7% 0.6%
NEWREZ LLC $550,000 $810,000 47.3% 0.6%
Century Mortgage Company DBA Century Lending Company $795,000 n/a 0.6%
SOUTHWEST STAGE FUNDING, LLC $745,000 n/a 0.5%
AMERISAVE MORTGAGE CORPORATION $1,725,000 $740,000 -57.1% 0.5%
Ameris Bank $560,000 $710,000 26.8% 0.5%
TRIAD FINANCIAL SERVICES, INC. $210,000 $675,000 221.4% 0.5%
STOCKTON MORTGAGE CORPORATION $405,000 $670,000 65.4% 0.5%
PENNYMAC LOAN SERVICES, LLC $1,270,000 $645,000 -49.2% 0.5%
Bank of Dade $640,000 n/a 0.5%
CIS Financial Services, Inc. $640,000 n/a 0.5%
Bank of England $230,000 $625,000 171.7% 0.5%
BNC National Bank $625,000 $610,000 -2.4% 0.4%
TOP FLITE FINANCIAL, INC. $570,000 n/a 0.4%
DELTA COMMUNITY CREDIT UNION $565,000 n/a 0.4%
FREEDOM MORTGAGE CORPORATION $710,000 $530,000 -25.4% 0.4%
Victorian Finance, LLC $530,000 n/a 0.4%
Mr. Cooper ( Nationstar Mortgage ) $1,830,000 $515,000 -71.9% 0.4%
Peoples Independent Bank $505,000 n/a 0.4%
Total Media Management, LLC $635,000 $490,000 -22.8% 0.4%
Trustmark National Bank $105,000 $485,000 361.9% 0.4%
COMMUNITYAMERICA $465,000 n/a 0.3%
Premier Bank of the South $455,000 n/a 0.3%
Consumer First Mortgage, Inc. $445,000 n/a 0.3%
CERTAINTY HOME LOANS, LLC $11,135,000 $430,000 -96.1% 0.3%
NAVY FEDERAL CREDIT UNION $760,000 $415,000 -45.4% 0.3%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $410,000 n/a 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $410,000 n/a 0.3%
The Central Trust Bank $510,000 $405,000 -20.6% 0.3%
COMMUNITY MORTGAGE CORPORATION $365,000 n/a 0.3%
CMG MORTGAGE, INC. $360,000 n/a 0.3%
South State Bank $3,005,000 $360,000 -88.0% 0.3%
The Hometown Bank of Alabama $360,000 n/a 0.3%
SWBC MORTGAGE CORPORATION $355,000 n/a 0.3%
AMERICAN FINANCING CORPORATION $350,000 n/a 0.3%
AMERICAN FINANCIAL NETWORK, INC. $340,000 n/a 0.2%
Capital City Home Loans, LLC $335,000 n/a 0.2%
CSL Financial, LLC $650,000 $335,000 -48.5% 0.2%
ISERVE RESIDENTIAL LENDING, LLC $325,000 n/a 0.2%
Baxter Credit Union $305,000 n/a 0.2%
AMERICAN HERITAGE LENDING, INC. $280,000 n/a 0.2%
Hamilton Mortgage Corporation $415,000 $280,000 -32.5% 0.2%
1ST SIGNATURE LENDING, LLC $265,000 n/a 0.2%
Chambers Bank $265,000 n/a 0.2%
ZILLOW HOME LOANS, LLC $115,000 $265,000 130.4% 0.2%
MORTGAGE INVESTORS GROUP, INC. $230,000 $260,000 13.0% 0.2%
CB&S Bank, Inc. $295,000 $255,000 -13.6% 0.2%
EVANSVILLE TEACHERS $255,000 n/a 0.2%
NEW DAY FINANCIAL, LLC $705,000 $255,000 -63.8% 0.2%
First Southern Bank $245,000 n/a 0.2%
EAGLE HOME MORTGAGE, LLC $225,000 n/a 0.2%
EvaBank $25,000 $225,000 800.0% 0.2%
First Metro Bank $225,000 n/a 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 n/a 0.2%
U.S. Bank $1,215,000 $215,000 -82.3% 0.2%
VAN DYK MORTGAGE CORPORATION $215,000 n/a 0.2%
CARDINAL FINANCIAL $300,000 $205,000 -31.7% 0.1%
Carrington Mortgage Services, LLC $445,000 $205,000 -53.9% 0.1%
SUPERIOR CHOICE $205,000 n/a 0.1%
ASCEND FEDERAL CREDIT UNION $195,000 n/a 0.1%
Commerce Home Mortgage, Inc. $195,000 n/a 0.1%
First National Bank of America $195,000 n/a 0.1%
Truist $965,000 $190,000 -80.3% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $155,000 $185,000 19.4% 0.1%
CHURCHILL MORTGAGE CORPORATION $680,000 $185,000 -72.8% 0.1%
Liberty Bank $185,000 n/a 0.1%
SeaTrust Mortgage Company $185,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $920,000 $175,000 -81.0% 0.1%
Metro City Bank $175,000 n/a 0.1%
PeoplesTrust Bank $175,000 n/a 0.1%
Family Security Credit Union $405,000 $165,000 -59.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $525,000 $160,000 -69.5% 0.1%
JPMorgan Chase Bank $305,000 $155,000 -49.2% 0.1%
Town Square Mortgage & Investments, Inc. $145,000 n/a 0.1%
First Federal Bank, A FSB $670,000 $135,000 -79.9% 0.1%
BankSouth $115,000 n/a 0.1%
Discover Bank $75,000 $105,000 40.0% 0.1%
First Volunteer Bank $45,000 $105,000 133.3% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $105,000 n/a 0.1%
PHH Mortgage Corporation $95,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $130,000 $95,000 -26.9% 0.1%
Barrington Bank & Trust Company, N.A. $85,000 n/a 0.1%
Figure Lending LLC $55,000 $85,000 54.5% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $450,000 $85,000 -81.1% 0.1%
Nations Lending Corporation $365,000 $75,000 -79.5% 0.1%
Prosperity Home Mortgage, LLC $75,000 n/a 0.1%
United Community Bank $75,000 n/a 0.1%
UNIVERSITY CREDIT UNION $75,000 n/a 0.1%
Flagstar Bank, FSB $215,000 $65,000 -69.8% 0.0%
Synovus Bank $415,000 $65,000 -84.3% 0.0%
TOWNE MORTGAGE COMPANY $65,000 n/a 0.0%
ALABAMA TEACHERS $55,000 n/a 0.0%
Assurance Financial Group, L.L.C. $55,000 n/a 0.0%
SouthPoint Bank $45,000 n/a 0.0%
Bank of America $515,000 $35,000 -93.2% 0.0%
Coastal Community Bank $25,000 n/a 0.0%

Scottsboro's top lender by overall market share is REDSTONE Federal Credit Union, with 8.7% market share. In second place, with 7.7%, is QUICKEN LOANS, LLC, having originated $10,690,000 in loans. In third place, with 7.1%, is GUARANTEED RATE, INC., having originated $9,855,000 in loans. In fourth place, with 5.3%, is First Jackson Bank, Inc., having originated $7,315,000 in loans. In fifth place, with 5.1%, is BancorpSouth, having originated $7,070,000 in loans.


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

Realtor.com - Scottsboro (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 $169,450 (-1.2%) $227,726 (-2.4%) 0.00 193
2018-02-01 $168,925 (-6.1%) $234,598 (0.4%) 0.00 190
2018-03-01 $172,400 (-9.1%) $256,181 (7.0%) 0.00 185
2018-04-01 $179,000 (-8.4%) $266,127 (8.4%) 0.00 191
2018-05-01 $189,900 (-4.9%) $274,297 (12.1%) 0.00 183
2018-06-01 $189,900 (0.0%) $280,582 (18.8%) 0.00 200
2018-07-01 $189,150 (-0.4%) $267,302 (13.1%) 0.00 193
2018-08-01 $182,250 (1.5%) $256,413 (10.6%) 0.00 193
2018-09-01 $186,900 (6.8%) $259,511 (14.0%) 0.00 196
2018-10-01 $182,900 (7.7%) $250,495 (11.4%) 0.00 202
2018-11-01 $178,650 (5.2%) $251,269 (13.0%) 0.00 189
2018-12-01 $169,000 (-0.5%) $247,609 (8.4%) 0.00 174
2019-01-01 $169,000 (-0.3%) $248,061 (8.9%) 0.00 168
2019-02-01 $167,000 (-1.1%) $257,613 (9.8%) 0.00 167
2019-03-01 $167,100 (-3.1%) $266,600 (4.1%) 0.00 158
2019-04-01 $169,900 (-5.1%) $274,375 (3.1%) 0.00 161
2019-05-01 $174,425 (-8.2%) $276,266 (0.7%) 0.00 163
2019-06-01 $179,900 (-5.3%) $279,765 (-0.3%) 0.00 170
2019-07-01 $179,900 (-4.9%) $282,641 (5.7%) 0.00 166
2019-08-01 $185,777 (1.9%) $286,084 (11.6%) 0.00 153
2019-09-01 $194,593 (4.1%) $289,500 (11.6%) 0.00 158
2019-10-01 $205,675 (12.5%) $295,227 (17.9%) 0.00 160
2019-11-01 $199,900 (11.9%) $298,686 (18.9%) 0.00 159
2019-12-01 $189,900 (12.4%) $299,242 (20.9%) 0.00 152
2020-01-01 $183,600 (8.6%) $304,503 (22.8%) 0.00 145
2020-02-01 $188,450 (12.8%) $298,548 (15.9%) 0.00 133
2020-03-01 $194,675 (16.5%) $308,559 (15.7%) 0.00 131
2020-04-01 $204,900 (20.6%) $310,918 (13.3%) 0.00 120
2020-05-01 $224,900 (28.9%) $320,141 (15.9%) 0.00 110
2020-06-01 $224,950 (25.0%) $318,711 (13.9%) 0.00 101
2020-07-01 $222,450 (23.7%) $327,254 (15.8%) 0.00 102
2020-08-01 $275,500 (48.3%) $370,799 (29.6%) 0.00 88
2020-09-01 $247,675 (27.3%) $348,674 (20.4%) 0.00 85
2020-10-01 $239,900 (16.6%) $338,804 (14.8%) 0.00 86
2020-11-01 $239,900 (20.0%) $347,896 (16.5%) 0.00 82
2020-12-01 $201,375 (6.0%) $327,660 (9.5%) 0.00 80
2021-01-01 $209,000 (13.8%) $317,031 (4.1%) 0.00 71
2021-02-01 $209,925 (11.4%) $337,926 (13.2%) 0.00 62
2021-03-01 $209,900 (7.8%) $312,938 (1.4%) 0.00 59
2021-04-01 $199,900 (-2.4%) $315,378 (1.4%) 0.00 51
2021-05-01 $194,450 (-13.5%) $334,448 (4.5%) 0.00 51
2021-06-01 $202,500 (-10.0%) $327,366 (2.7%) 0.00 67
2021-07-01 $279,900 (25.8%) $371,952 (13.7%) 0.00 71
2021-08-01 $299,000 (8.5%) $372,534 (0.5%) 0.00 73
2021-09-01 $255,175 (3.0%) $345,791 (-0.8%) 0.00 76
2021-10-01 $234,000 (-2.5%) $378,837 (11.8%) 0.00 82
2021-11-01 $262,900 (9.6%) $459,586 (32.1%) 0.00 76
2021-12-01 $254,925 (26.6%) $451,069 (37.7%) 0.00 81
2022-01-01 $271,700 (30.0%) $496,097 (56.5%) 0.00 58
2022-02-01 $284,900 (35.7%) $542,622 (60.6%) 0.00 58
2022-03-01 $339,450 (61.7%) $593,785 (89.8%) 0.00 58
2022-04-01 $289,250 (44.7%) $534,874 (69.6%) 0.00 56
2022-05-01 $282,000 (45.0%) $409,656 (22.5%) 0.00 62
2022-06-01 $272,725 (34.7%) $352,329 (7.6%) 0.00 80
2022-07-01 $285,000 (1.8%) $380,650 (2.3%) 0.00 81
2022-08-01 $257,450 (-13.9%) $373,717 (0.3%) 0.00 93
2022-09-01 $272,450 (6.8%) $393,415 (13.8%) 0.00 100
2022-10-01 $297,000 (26.9%) $414,678 (9.5%) 0.00 107
2022-11-01 $272,900 (3.8%) $391,027 (-14.9%) 0.00 113
2022-12-01 $266,750 (4.6%) $379,289 (-15.9%) 0.00 101
2023-01-01 $272,000 (0.1%) $370,458 (-25.3%) 0.00 88
2023-02-01 $289,900 (1.8%) $392,845 (-27.6%) 0.00 80
2023-03-01 $279,500 (-17.7%) $395,158 (-33.5%) 0.00 80
2023-04-01 $274,900 (-5.0%) $370,460 (-30.7%) 0.00 75
2023-05-01 $273,500 (-3.0%) $385,851 (-5.8%) 0.00 74
2023-06-01 $264,913 (-2.9%) $379,099 (7.6%) 0.00 77
2023-07-01 $299,800 (5.2%) $422,823 (11.1%) 0.00 93
2023-08-01 $276,725 (7.5%) $395,176 (5.7%) 0.00 103
2023-09-01 $287,400 (5.5%) $401,562 (2.1%) 0.00 101
2023-10-01 $289,500 (-2.5%) $398,898 (-3.8%) 0.00 105
2023-11-01 $298,725 (9.5%) $387,960 (-0.8%) 0.00 104
2023-12-01 $308,750 (15.8%) $403,467 (6.4%) 0.00 105
2024-01-01 $299,000 (9.9%) $401,276 (8.3%) 0.00 92
2024-02-01 $307,175 (6.0%) $394,061 (0.3%) 0.00 91
2024-03-01 $299,200 (7.1%) $388,021 (-1.8%) 0.00 94
2024-04-01 $299,675 (9.0%) $410,879 (10.9%) 0.00 102
2024-05-01 $295,925 (8.2%) $422,341 (9.5%) 0.00 110
2024-06-01 $299,950 (13.2%) $437,648 (15.4%) 0.00 112
Scottsboro's median listing price for 2024-06-01 was $299,950, a difference of $35,037 (13.2%) versus the prior year and $4,025 versus the prior month.

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

Scottsboro's average listing price for 2024-06-01 was $437,648, a difference of $58,549 (15.4%) versus the prior year and $15,307 versus the prior month.

For the 2024-06-01 period, Scottsboro had 112 MLS listings, a difference of 2 listings (2%) versus the prior month and 35 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Scottsboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,988 sqft
2018-02-01 0 days 1,951 sqft
2018-03-01 0 days 2,037 sqft
2018-04-01 0 days 2,054 sqft
2018-05-01 0 days 2,103 sqft
2018-06-01 0 days 2,200 sqft
2018-07-01 0 days 2,096 sqft
2018-08-01 0 days 2,065 sqft
2018-09-01 0 days 2,091 sqft
2018-10-01 0 days 2,025 sqft
2018-11-01 0 days 2,059 sqft
2018-12-01 0 days 2,000 sqft
2019-01-01 0 days 1,991 sqft
2019-02-01 0 days 1,943 sqft
2019-03-01 0 days 1,958 sqft
2019-04-01 0 days 1,995 sqft
2019-05-01 0 days 1,975 sqft
2019-06-01 0 days 1,966 sqft
2019-07-01 0 days 1,931 sqft
2019-08-01 0 days 2,007 sqft
2019-09-01 0 days 2,104 sqft
2019-10-01 0 days 2,185 sqft
2019-11-01 0 days 2,100 sqft
2019-12-01 0 days 2,059 sqft
2020-01-01 0 days 2,050 sqft
2020-02-01 0 days 2,077 sqft
2020-03-01 0 days 2,087 sqft
2020-04-01 0 days 2,093 sqft
2020-05-01 0 days 2,126 sqft
2020-06-01 0 days 2,094 sqft
2020-07-01 0 days 2,100 sqft
2020-08-01 0 days 2,203 sqft
2020-09-01 0 days 2,214 sqft
2020-10-01 0 days 2,214 sqft
2020-11-01 0 days 2,232 sqft
2020-12-01 0 days 2,100 sqft
2021-01-01 0 days 1,940 sqft
2021-02-01 0 days 2,098 sqft
2021-03-01 0 days 2,058 sqft
2021-04-01 0 days 2,100 sqft
2021-05-01 0 days 2,096 sqft
2021-06-01 0 days 2,000 sqft
2021-07-01 0 days 2,016 sqft
2021-08-01 0 days 2,212 sqft
2021-09-01 0 days 2,035 sqft
2021-10-01 0 days 2,045 sqft
2021-11-01 0 days 2,187 sqft
2021-12-01 0 days 2,142 sqft
2022-01-01 0 days 2,200 sqft
2022-02-01 0 days 2,225 sqft
2022-03-01 0 days 2,175 sqft
2022-04-01 0 days 2,029 sqft
2022-05-01 0 days 2,146 sqft
2022-06-01 0 days 2,050 sqft
2022-07-01 0 days 2,117 sqft
2022-08-01 0 days 2,107 sqft
2022-09-01 0 days 2,076 sqft
2022-10-01 0 days 2,163 sqft
2022-11-01 0 days 2,052 sqft
2022-12-01 0 days 1,920 sqft
2023-01-01 0 days 2,051 sqft
2023-02-01 0 days 2,093 sqft
2023-03-01 0 days 2,053 sqft
2023-04-01 0 days 2,016 sqft
2023-05-01 0 days 2,071 sqft
2023-06-01 0 days 2,074 sqft
2023-07-01 0 days 2,095 sqft
2023-08-01 0 days 1,956 sqft
2023-09-01 0 days 1,934 sqft
2023-10-01 0 days 1,904 sqft
2023-11-01 0 days 1,907 sqft
2023-12-01 0 days 2,010 sqft
2024-01-01 0 days 1,980 sqft
2024-02-01 0 days 2,050 sqft
2024-03-01 0 days 1,991 sqft
2024-04-01 0 days 1,950 sqft
2024-05-01 0 days 2,023 sqft
2024-06-01 0 days 2,088 sqft
Scottsboro's median listing age (time on market) for 2024-06-01 was 0 days.

Scottsboro's median square footage for active listings during the 2024-06-01 period was 2,088 sqft. One year prior, the average listing was 2,074 sqft.

Scottsboro, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 452 $92,920,000 $205,575
Refi 141 $19,685,000 $139,610
Cash Out Refi 89 $14,715,000 $165,337
Other 87 $6,975,000 $80,172
Home Improvement 58 $3,900,000 $67,241

Scottsboro's most frequently cited loan purpose was Home Purchase, with 452 originations. The 2nd most popular reason was Refi, with 141 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 239 $50,735,000 $212,280
Over 8% 191 $17,715,000 $92,749
7-8% 154 $28,630,000 $185,909
5-6% 100 $23,790,000 $237,900
4-5% 8 $2,330,000 $291,250
3-4% 3 $1,085,000 $361,667
<2.5% 1 $265,000 $265,000

During 2023, Scottsboro's most frequently originated rate bucket was 6-7%, with 239 originations.

Loan Sizing (Scottsboro, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 304 $43,680,000 $143,684
$100,000 or less 285 $16,275,000 $57,105
$200k-400k 196 $53,010,000 $270,459
$400k-600k 26 $12,070,000 $464,231
$600k-1000k 14 $10,310,000 $736,429
$Over $1MM 2 $2,850,000 $1,425,000

Scottsboro's loan sizing saw the bucket of loans from $100k-200k with 304 originations, totaling $43,680,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 327 $70,525,000 $215,673
60-80% 121 $26,185,000 $216,405
20-40% 80 $7,390,000 $92,375
40-60% 75 $11,145,000 $148,600
Under 20% 68 $2,930,000 $43,088
Over 100% 19 $5,695,000 $299,737

Scottsboro's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 327 originations, totaling $70,525,000 in origination value.