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 6.88% 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.