Scottsboro 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 Scottsboro averaged 6.88% for the week of 2023-11-30, compared to the national average of 7.22% for the same period.

    The average rate for the prior week (2023-11-22) was 6.85% and one month ago for the week of 2023-10-26, the average rate was 7.65%.

    Scottsboro's average rate one year ago was 6.44%.

    For refis of the same type during the week of 2023-11-30, the average rate was 7.12%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-11-30 7.22%
    Scottsboro 30 Year Fixed Rate 2023-11-30 6.88%
    Scottsboro 30 Year Fixed Rate Refi 2023-11-30 7.12%
    Scottsboro 15 Year Fixed Rate 2023-11-30 6.56%
    Scottsboro 15 Year Fixed Rate Refi 2023-11-30 6.86%
    Scottsboro 30 Year FHA 2023-11-30 6.54%
    Scottsboro 30 Year FHA Refi 2023-11-30 6.75%
    Scottsboro 30 Year USDA 2023-11-30 6.9%
    Scottsboro 30 Year USDA Refi 2023-11-30 7%
    Scottsboro 30 Year VA 2023-11-30 6.97%
    Scottsboro 30 Year VA Refi 2023-11-30 6.57%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    REDSTONE Federal Credit Union 43 5.33% $2,399
    QUICKEN LOANS, LLC 25 5.06% $6,728
    CERTAINTY HOME LOANS, LLC 24 5.13% $5,927
    BancorpSouth 23 5.10% $4,196
    LOANDEPOT.COM, LLC 22 4.83% $5,948
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 5.03% $4,360
    Renasant Bank 17 5.04% $5,766
    Regions Bank 8 4.95% $6,078
    UNITED WHOLESALE MORTGAGE, LLC 7 4.86% $9,470
    TJC Mortgage, Inc. 7 4.82% $6,952
    Mr. Cooper ( Nationstar Mortgage ) 6 4.21% $5,239
    AMERISAVE MORTGAGE CORPORATION 5 3.65% $8,421
    FirstBank 5 4.93% $3,805
    Hometown Lenders, Inc. 5 4.27% $4,030
    South State Bank 4 3.56% $5,231
    Wells Fargo Bank 4 4.00% $4,232
    U.S. Bank 3 4.63% $3,519
    THE MORTGAGE FIRM, INC. 3 5.75% $5,307
    HOMESIDE FINANCIAL, LLC 3 4.87% $3,745
    TENNESSEE VALLEY 3 4.50% $2,979
    First Federal Bank, A FSB 3 5.00% $4,873
    BROKER SOLUTIONS, INC. 3 4.33% $4,840
    21ST MORTGAGE CORPORATION 2 7.10% $5,636
    Mortgage Research Center, LLC 2 5.31% $5,072
    MUTUAL OF OMAHA MORTGAGE, INC. 2 3.88% $5,070
    FINANCE OF AMERICA MORTGAGE LLC 2 5.06% $6,235
    NEWREZ LLC 2 5.38% $4,494
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 5.63% $3,767
    PENNYMAC LOAN SERVICES, LLC 2 6.06% $5,940
    PNC Bank 2 4.56% $5,910
    Progress Bank and Trust 2 5.56% $4,897
    Synovus Bank 2 4.56% $3,799
    CALIBER HOME LOANS, INC. 2 4.77% $4,756
    FREEDOM MORTGAGE CORPORATION 2 4.88% $5,977
    GMFS LLC 2 4.56% $3,408
    Bank of America 2 3.56% $7,440
    NORTHROP GRUMMAN Federal Credit Union 1 4.75% $7,387
    Pinnacle Bank 1 3.38% $15,363
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.00% $5,359
    ROYAL UNITED MORTGAGE LLC 1 3.50% $4,483
    SIRVA MORTGAGE, INC. 1 3.88% $2,312
    Stifel Bank and Trust 1 3.00% $2,076
    The Central Trust Bank 1 3.88% $1,406
    The Federal Savings Bank 1 4.50% $5,661
    Total Media Management, LLC 1 4.63% $13,940
    Truist 1 3.80% $5,056
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.25% $5,762
    ZILLOW HOME LOANS, LLC 1 6.00% $3,838
    AMERICAN INTERNET MORTGAGE, INC. 1 3.13% $18,024
    AMERIFIRST FINANCIAL CORPORATION 1 4.88% $4,939
    Ameris Bank 1 3.50% $6,751
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 3.88% $6,618
    Bank Independent 1 5.50% $4,153
    BETTER MORTGAGE CORPORATION 1 5.13% $1,667
    Capitol Federal Savings Bank 1 5.25% $4,936
    Carrington Mortgage Services, LLC 1 5.50% $5,598
    CB&S Bank, Inc. 1 4.88% $2,399
    CHURCHILL MORTGAGE CORPORATION 1 3.75% $5,835
    Citizens Bank 1 5.63% $4,433
    CROSSCOUNTRY MORTGAGE, LLC 1 4.25% $4,652
    DAS Acquisition Company, LLC 1 3.50% $3,117
    EMBRACE HOME LOANS, INC. 1 5.63% $6,395
    FIRST COMMUNITY MORTGAGE, INC. 1 5.63% $4,291
    First Home Bank 1 3.75% $6,116
    First Horizon Bank 1 5.13% $3,622
    Gateway First Bank 1 4.13% $3,033
    Goldwater Bank, N.A. 1 5.88% $4,668
    GUARANTEED RATE AFFINITY, LLC 1 4.49% $255
    GUARANTY HOME MORTGAGE CORPORATION 1 5.99% $7,262
    GUILD MORTGAGE COMPANY 1 3.99% $6,083
    HOME POINT FINANCIAL CORPORATION 1 5.99% $2,483
    HOMESTAR FINANCIAL CORPORATION 1 4.13% $6,430
    Independent Bank 1 4.00% $3,879
    JPMorgan Chase Bank 1 5.50% $5,494
    Leader Bank 1 6.00% $3,532
    Listerhill Credit Union 1 4.25% $3,593
    Magnolia Bank 1 5.13% $6,083
    MAX Credit Union 1 4.00% $3,082
    MIDFLORIDA 1 6.00% $4,353
    MORTGAGE INVESTORS GROUP, INC. 1 4.00% $4,629
    MOVEMENT MORTGAGE, LLC 1 3.25% $3,114
    NBKC BANK 1 6.50% $4,918
    Northpointe Bank 1 3.63% $2,692

    Scottsboro Average Closing Costs & Other Stats

    Scottsboro, AL's 83 lenders originated 1,063 loans during 2022. The total origination value was $195,545,000, with an average loan value of $183,956.

    Scottsboro's average closing costs are $4,682.

    The top Scottsboro lender as defined by loan originations is REDSTONE Federal Credit Union, with 43 loans originated. Their average total fees are $2,399, which is $4,329 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Scottsboro lenders (with over 10 loans originated) are REDSTONE Federal Credit Union ($2,399), BancorpSouth ($4,196), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($4,360), Renasant Bank ($5,766) and CERTAINTY HOME LOANS, LLC ($5,927).

    The lowest rate Scottsboro lenders (with over 10 loans originated) are LOANDEPOT.COM, LLC (4.83%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (5.03%), Renasant Bank (5.04%), QUICKEN LOANS, LLC (5.06%) and BancorpSouth (5.10%).

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    First Jackson Bank, Inc. $7,570,000 $14,160,000 87.1% 7.2%
    BancorpSouth Bank $10,555,000 $12,995,000 23.1% 6.6%
    REDSTONE Federal Credit Union $12,245,000 $12,655,000 3.3% 6.5%
    CERTAINTY HOME LOANS, LLC $16,105,000 $11,135,000 -30.9% 5.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,560,000 $10,250,000 35.6% 5.2%
    QUICKEN LOANS, LLC $23,520,000 $10,175,000 -56.7% 5.2%
    ServisFirst Bank $8,680,000 n/a 4.4%
    LOANDEPOT.COM, LLC $7,820,000 $6,950,000 -11.1% 3.6%
    Renasant Bank $12,465,000 $6,290,000 -49.5% 3.2%
    Regions Bank $11,280,000 $5,950,000 -47.3% 3.0%
    UNITED WHOLESALE MORTGAGE, LLC $2,345,000 $5,725,000 144.1% 2.9%
    Mortgage Research Center, LLC $3,775,000 $4,200,000 11.3% 2.1%
    Progress Bank and Trust $1,730,000 $3,845,000 122.3% 2.0%
    Citizens Bank & Trust, Inc. $4,870,000 $3,230,000 -33.7% 1.7%
    VANDERBILT MORTGAGE AND FINANCE, INC. $2,165,000 $3,085,000 42.5% 1.6%
    South State Bank $2,460,000 $3,005,000 22.2% 1.5%
    TJC Mortgage, Inc. $2,350,000 $2,980,000 26.8% 1.5%
    FirstBank $7,510,000 $2,900,000 -61.4% 1.5%
    Citizens Bank & Trust $1,710,000 $2,690,000 57.3% 1.4%
    Hometown Lenders, Inc. $2,760,000 $2,320,000 -15.9% 1.2%
    21ST MORTGAGE CORPORATION $1,740,000 $2,240,000 28.7% 1.1%
    MOVEMENT MORTGAGE, LLC $1,995,000 $2,070,000 3.8% 1.1%
    Mr. Cooper ( Nationstar Mortgage ) $1,920,000 $1,830,000 -4.7% 0.9%
    AMERISAVE MORTGAGE CORPORATION $1,315,000 $1,725,000 31.2% 0.9%
    Bryant Bank $1,270,000 $1,700,000 33.9% 0.9%
    FAMILY SAVINGS $825,000 $1,670,000 102.4% 0.9%
    PNC Bank $585,000 $1,460,000 149.6% 0.7%
    PENNYMAC LOAN SERVICES, LLC $3,690,000 $1,270,000 -65.6% 0.6%
    TENNESSEE VALLEY $1,190,000 $1,235,000 3.8% 0.6%
    HOME POINT FINANCIAL CORPORATION $2,115,000 $1,225,000 -42.1% 0.6%
    U.S. Bank $330,000 $1,215,000 268.2% 0.6%
    HOMESIDE FINANCIAL, LLC $915,000 $1,210,000 32.2% 0.6%
    GMFS LLC $2,575,000 $1,035,000 -59.8% 0.5%
    CALIBER HOME LOANS, INC. $1,790,000 $1,020,000 -43.0% 0.5%
    Wells Fargo Bank $3,565,000 $995,000 -72.1% 0.5%
    Truist $2,275,000 $965,000 -57.6% 0.5%
    The Federal Savings Bank $575,000 $945,000 64.3% 0.5%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $1,435,000 $935,000 -34.8% 0.5%
    FIRST COMMUNITY MORTGAGE, INC. $1,475,000 $920,000 -37.6% 0.5%
    Capitol Federal Savings Bank $865,000 n/a 0.4%
    PENTAGON FEDERAL CREDIT UNION $1,015,000 $855,000 -15.8% 0.4%
    Guaranty Bank and Trust Company $835,000 n/a 0.4%
    THE MORTGAGE FIRM, INC. $765,000 n/a 0.4%
    NAVY FEDERAL CREDIT UNION $1,470,000 $760,000 -48.3% 0.4%
    Magnolia Bank $765,000 $720,000 -5.9% 0.4%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $715,000 n/a 0.4%
    FREEDOM MORTGAGE CORPORATION $6,745,000 $710,000 -89.5% 0.4%
    NEW DAY FINANCIAL, LLC $1,935,000 $705,000 -63.6% 0.4%
    BETTER MORTGAGE CORPORATION $340,000 $690,000 102.9% 0.4%
    CHURCHILL MORTGAGE CORPORATION $665,000 $680,000 2.3% 0.3%
    First Federal Bank, A FSB $385,000 $670,000 74.0% 0.3%
    CSL Financial, LLC $55,000 $650,000 1,081.8% 0.3%
    Total Media Management, LLC $685,000 $635,000 -7.3% 0.3%
    BNC National Bank $625,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $2,690,000 $625,000 -76.8% 0.3%
    PREMIA MORTGAGE, LLC $770,000 $610,000 -20.8% 0.3%
    Bank Independent $1,165,000 $590,000 -49.4% 0.3%
    DAS Acquisition Company, LLC $1,630,000 $580,000 -64.4% 0.3%
    AMERICAN INTERNET MORTGAGE, INC. $570,000 n/a 0.3%
    GUARANTEED RATE AFFINITY, LLC $565,000 n/a 0.3%
    Ameris Bank $560,000 n/a 0.3%
    NEWREZ LLC $1,225,000 $550,000 -55.1% 0.3%
    EMBRACE HOME LOANS, INC. $545,000 n/a 0.3%
    HOMESTAR FINANCIAL CORPORATION $525,000 n/a 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $525,000 n/a 0.3%
    Pinnacle Bank $2,200,000 $525,000 -76.1% 0.3%
    First Horizon Bank $245,000 $520,000 112.2% 0.3%
    SUMMIT FUNDING, INC. $95,000 $520,000 447.4% 0.3%
    Bank of America $1,360,000 $515,000 -62.1% 0.3%
    The Central Trust Bank $685,000 $510,000 -25.5% 0.3%
    FINANCE OF AMERICA MORTGAGE LLC $340,000 $500,000 47.1% 0.3%
    First Bank $465,000 n/a 0.2%
    GUARANTY HOME MORTGAGE CORPORATION $335,000 $450,000 34.3% 0.2%
    USAA Federal Savings Bank $860,000 $450,000 -47.7% 0.2%
    Carrington Mortgage Services, LLC $200,000 $445,000 122.5% 0.2%
    Gateway First Bank $155,000 $440,000 183.9% 0.2%
    First National Bank of Pulaski $395,000 $415,000 5.1% 0.2%
    Hamilton Mortgage Corporation $435,000 $415,000 -4.6% 0.2%
    Synovus Bank $845,000 $415,000 -50.9% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $255,000 $405,000 58.8% 0.2%
    Family Security Credit Union $405,000 n/a 0.2%
    STOCKTON MORTGAGE CORPORATION $405,000 n/a 0.2%
    GUILD MORTGAGE COMPANY $310,000 $380,000 22.6% 0.2%
    Nations Lending Corporation $720,000 $365,000 -49.3% 0.2%
    NORTHROP GRUMMAN Federal Credit Union $355,000 n/a 0.2%
    Mid-Continent Funding, Inc. $345,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $350,000 $340,000 -2.9% 0.2%
    First South Farm Credit, ACA $335,000 n/a 0.2%
    DOMINION FINANCIAL SERVICES, LLC $325,000 n/a 0.2%
    Listerhill Credit Union $320,000 n/a 0.2%
    Stifel Bank and Trust $465,000 $320,000 -31.2% 0.2%
    Citizens Tri-County Bank $725,000 $310,000 -57.2% 0.2%
    JPMorgan Chase Bank $520,000 $305,000 -41.3% 0.2%
    NBKC BANK $545,000 $305,000 -44.0% 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $495,000 $300,000 -39.4% 0.2%
    CB&S Bank, Inc. $1,325,000 $295,000 -77.7% 0.2%
    Goldwater Bank, N.A. $290,000 n/a 0.1%
    EVERETT FINANCIAL, INC. $265,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $145,000 $255,000 75.9% 0.1%
    HOMESTEAD FUNDING CORP. $255,000 n/a 0.1%
    Northpointe Bank $255,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $2,025,000 $250,000 -87.7% 0.1%
    Bank of England $125,000 $230,000 84.0% 0.1%
    MORTGAGE INVESTORS GROUP, INC. $1,235,000 $230,000 -81.4% 0.1%
    ACOPIA, LLC $220,000 n/a 0.1%
    AMERIFIRST FINANCIAL CORPORATION $175,000 $215,000 22.9% 0.1%
    Flagstar Bank, FSB $260,000 $215,000 -17.3% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $425,000 $210,000 -50.6% 0.1%
    Independent Bank $205,000 n/a 0.1%
    SIRVA MORTGAGE, INC. $205,000 n/a 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $185,000 n/a 0.1%
    SPRING EQ, LLC $55,000 $185,000 236.4% 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $165,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $200,000 $155,000 -22.5% 0.1%
    First Guaranty Mortgage Corporation $550,000 $155,000 -71.8% 0.1%
    First Home Bank $225,000 $155,000 -31.1% 0.1%
    Simply Bank $155,000 n/a 0.1%
    SOUTHPOINT FINANCIAL SERVICES, INC. $155,000 n/a 0.1%
    Colten Mortgage, LLC $135,000 n/a 0.1%
    MIDFLORIDA $135,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $105,000 $135,000 28.6% 0.1%
    ROYAL UNITED MORTGAGE LLC $350,000 $130,000 -62.9% 0.1%
    Leader Bank $125,000 n/a 0.1%
    Low VA Rates, LLC $125,000 n/a 0.1%
    OPEN MORTGAGE, LLC $125,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $340,000 $125,000 -63.2% 0.1%
    AVADIAN $2,680,000 $115,000 -95.7% 0.1%
    ZILLOW HOME LOANS, LLC $355,000 $115,000 -67.6% 0.1%
    Trustmark National Bank $1,905,000 $105,000 -94.5% 0.1%
    Citizens Bank $320,000 $95,000 -70.3% 0.0%
    THRIVENT Federal Credit Union $95,000 n/a 0.0%
    Discover Bank $85,000 $75,000 -11.8% 0.0%
    MAX Credit Union $75,000 n/a 0.0%
    Figure Lending LLC $55,000 n/a 0.0%
    ALABAMA CREDIT UNION $45,000 n/a 0.0%
    First Volunteer Bank $225,000 $45,000 -80.0% 0.0%
    EvaBank $135,000 $25,000 -81.5% 0.0%

    Scottsboro's top lender by overall market share is First Jackson Bank, Inc., with 7.2% market share. In second place, with 6.6%, is BancorpSouth Bank, having originated $12,995,000 in loans. In third place, with 6.5%, is REDSTONE Federal Credit Union, having originated $12,655,000 in loans. In fourth place, with 5.7%, is CERTAINTY HOME LOANS, LLC, having originated $11,135,000 in loans. In fifth place, with 5.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $10,250,000 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 $169,900 (-0.3%) $228,091 (-2.2%) 0.00 192
    2018-02-01 $168,675 (-6.2%) $232,795 (-0.4%) 0.00 189
    2018-03-01 $169,900 (-9.6%) $254,270 (6.2%) 0.00 184
    2018-04-01 $178,975 (-8.2%) $264,346 (7.7%) 0.00 190
    2018-05-01 $189,900 (-4.8%) $272,479 (11.4%) 0.00 182
    2018-06-01 $189,900 (0.4%) $278,958 (18.1%) 0.00 199
    2018-07-01 $188,400 (-0.8%) $265,608 (12.4%) 0.00 192
    2018-08-01 $181,100 (0.8%) $254,658 (9.9%) 0.00 192
    2018-09-01 $185,950 (6.3%) $257,826 (13.2%) 0.00 195
    2018-10-01 $181,400 (6.8%) $248,750 (10.5%) 0.00 201
    2018-11-01 $176,150 (3.7%) $249,471 (12.1%) 0.00 188
    2018-12-01 $167,000 (-1.7%) $245,595 (7.4%) 0.00 173
    2019-01-01 $167,975 (-1.1%) $245,961 (7.8%) 0.00 167
    2019-02-01 $165,900 (-1.7%) $255,565 (9.8%) 0.00 166
    2019-03-01 $167,014 (-1.7%) $264,911 (4.2%) 0.00 158
    2019-04-01 $169,900 (-5.1%) $273,107 (3.3%) 0.00 161
    2019-05-01 $176,400 (-7.1%) $276,961 (1.6%) 0.00 164
    2019-06-01 $179,900 (-5.3%) $279,796 (0.3%) 0.00 171
    2019-07-01 $181,150 (-3.9%) $282,656 (6.4%) 0.00 167
    2019-08-01 $188,018 (3.8%) $286,033 (12.3%) 0.00 154
    2019-09-01 $196,445 (5.6%) $289,358 (12.2%) 0.00 158
    2019-10-01 $206,450 (13.8%) $295,120 (18.6%) 0.00 160
    2019-11-01 $199,900 (13.5%) $298,686 (19.7%) 0.00 159
    2019-12-01 $189,900 (13.7%) $299,242 (21.8%) 0.00 152
    2020-01-01 $183,600 (9.3%) $304,503 (23.8%) 0.00 145
    2020-02-01 $188,450 (13.6%) $298,548 (16.8%) 0.00 133
    2020-03-01 $194,675 (16.6%) $308,559 (16.5%) 0.00 131
    2020-04-01 $204,900 (20.6%) $310,918 (13.9%) 0.00 120
    2020-05-01 $224,900 (27.5%) $320,141 (15.6%) 0.00 110
    2020-06-01 $224,950 (25.0%) $318,711 (13.9%) 0.00 101
    2020-07-01 $222,450 (22.8%) $327,254 (15.8%) 0.00 102
    2020-08-01 $275,500 (46.5%) $370,799 (29.6%) 0.00 88
    2020-09-01 $247,675 (26.1%) $348,674 (20.5%) 0.00 85
    2020-10-01 $239,900 (16.2%) $338,804 (14.8%) 0.00 86
    2020-11-01 $239,900 (20.0%) $347,091 (16.2%) 0.00 83
    2020-12-01 $205,875 (8.4%) $327,202 (9.3%) 0.00 81
    2021-01-01 $209,450 (14.1%) $316,684 (4.0%) 0.00 72
    2021-02-01 $209,950 (11.4%) $337,207 (13.0%) 0.00 63
    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 $299,125 (8.6%) $373,679 (0.8%) 0.00 73
    2021-09-01 $253,699 (2.4%) $346,098 (-0.7%) 0.00 75
    2021-10-01 $232,000 (-3.3%) $379,693 (12.1%) 0.00 81
    2021-11-01 $262,900 (9.6%) $459,586 (32.4%) 0.00 76
    2021-12-01 $254,925 (23.8%) $451,069 (37.9%) 0.00 81
    2022-01-01 $271,700 (29.7%) $496,097 (56.7%) 0.00 58
    2022-02-01 $284,900 (35.7%) $542,622 (60.9%) 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 (0.0%) 0.00 93
    2022-09-01 $272,450 (7.4%) $393,415 (13.7%) 0.00 100
    2022-10-01 $295,000 (27.2%) $416,824 (9.8%) 0.00 105
    2022-11-01 $278,300 (5.9%) $393,287 (-14.4%) 0.00 111
    2022-12-01 $269,000 (5.5%) $381,707 (-15.4%) 0.00 99
    2023-01-01 $273,350 (0.6%) $373,035 (-24.8%) 0.00 86
    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 (-1.9%) $398,898 (-4.3%) 0.00 105
    2023-11-01 $298,725 (7.3%) $387,960 (-1.4%) 0.00 104
    Scottsboro's median listing price for 2023-11-01 was $298,725, a difference of $20,425 (7.3%) versus the prior year and $9,225 versus the prior month.

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

    Scottsboro's average listing price for 2023-11-01 was $387,960, a difference of $-5,327 (-1.4%) versus the prior year and $-10,938 versus the prior month.

    For the 2023-11-01 period, Scottsboro had 104 MLS listings, a difference of -1 listings (-1%) versus the prior month and -7 listings (-6%) 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 1,979 sqft
    2018-02-01 0 days 1,942 sqft
    2018-03-01 0 days 2,034 sqft
    2018-04-01 0 days 2,050 sqft
    2018-05-01 0 days 2,095 sqft
    2018-06-01 0 days 2,200 sqft
    2018-07-01 0 days 2,084 sqft
    2018-08-01 0 days 2,048 sqft
    2018-09-01 0 days 2,083 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 1,983 sqft
    2019-06-01 0 days 1,974 sqft
    2019-07-01 0 days 1,935 sqft
    2019-08-01 0 days 2,013 sqft
    2019-09-01 0 days 2,107 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 2,214 sqft
    2020-12-01 0 days 2,085 sqft
    2021-01-01 0 days 1,867 sqft
    2021-02-01 0 days 2,096 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 2,228 sqft
    2021-09-01 0 days 2,029 sqft
    2021-10-01 0 days 2,043 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 2,051 sqft
    2022-12-01 0 days 1,905 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 1,906 sqft
    Scottsboro's median listing age (time on market) for 2023-11-01 was 0 days.

    Scottsboro's median square footage for active listings during the 2023-11-01 period was 1,906 sqft. One year prior, the average listing was 2,051 sqft.

    Scottsboro, AL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 531 $113,675,000 $214,077
    Refi 208 $40,460,000 $194,519
    Cash Out Refi 152 $26,360,000 $173,421
    Other 97 $8,245,000 $85,000
    Home Improvement 75 $6,805,000 $90,733

    Scottsboro's most frequently cited loan purpose was Home Purchase, with 531 originations. The 2nd most popular reason was Refi, with 208 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 228 $45,040,000 $197,544
    3-4% 218 $50,400,000 $231,193
    4-5% 201 $38,685,000 $192,463
    6-7% 108 $14,830,000 $137,315
    7-8% 57 $8,095,000 $142,018
    2.5-3% 54 $11,920,000 $220,741
    Over 8% 32 $2,870,000 $89,688
    <2.5% 14 $2,520,000 $180,000

    During 2022, Scottsboro's most frequently originated rate bucket was 5-6%, with 228 originations.

    Loan Sizing (Scottsboro, AL MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 412 $59,120,000 $143,495
    $100,000 or less 339 $19,795,000 $58,392
    $200k-400k 240 $64,310,000 $267,958
    $400k-600k 48 $22,400,000 $466,667
    $600k-1000k 18 $13,810,000 $767,222
    $Over $1MM 6 $16,110,000 $2,685,000

    Scottsboro's loan sizing saw the bucket of loans from $100k-200k with 412 originations, totaling $59,120,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 386 $80,440,000 $208,394
    60-80% 217 $47,865,000 $220,576
    40-60% 114 $26,340,000 $231,053
    20-40% 98 $9,240,000 $94,286
    Under 20% 68 $3,570,000 $52,500
    Over 100% 20 $5,310,000 $265,500

    Scottsboro's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 386 originations, totaling $80,440,000 in origination value.