Troy Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Troy averaged 6.66% for the week of 2025-05-22, compared to the national average of 6.86% for the same period.

    The average rate for the prior week (2025-05-15) was 6.91% and one month ago for the week of 2025-04-17, the average rate was 7.03%.

    Troy's average rate one year ago was 7.12%.

    For refis of the same type during the week of 2025-05-22, the average rate was 7.16%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-22 6.86%
    Troy 30 Year Fixed Rate 2025-05-22 6.66%
    Troy 30 Year Fixed Rate Refi 2025-05-22 7.16%
    Troy 15 Year Fixed Rate 2025-05-22 6.21%
    Troy 15 Year Fixed Rate Refi 2025-05-22 6.51%
    Troy 30 Year FHA 2025-05-22 6.37%
    Troy 30 Year FHA Refi 2025-05-22 6.41%
    Troy 30 Year USDA 2025-05-22 6.53%
    Troy 30 Year USDA Refi 2025-05-22 6.23%
    Troy 30 Year VA 2025-05-22 6.72%
    Troy 30 Year VA Refi 2025-05-22 6.62%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Troy, AL.

    Troy 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 Troy, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Assurance Financial Group, L.L.C. 26 6.64% $5,434
    Renasant Bank 9 6.74% $4,672
    CROSSCOUNTRY MORTGAGE, LLC 7 7.01% $5,660
    GUILD MORTGAGE COMPANY 6 6.46% $5,582
    Trustmark National Bank 6 6.42% $6,665
    QUICKEN LOANS, LLC 5 7.12% $5,872
    Troy Bank and Trust Company 5 7.92% $4,852
    Wells Fargo Bank 3 6.08% $3,476
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.88% $4,283
    DHI MORTGAGE COMPANY, LTD. 3 5.54% $2,027
    UNION HOME MORTGAGE CORP. 3 6.67% $6,181
    MORTGAGE INVESTORS GROUP, INC. 3 4.08% $4,207
    MAX Credit Union 2 6.50% $4,502
    NAVY FEDERAL CREDIT UNION 1 5.38% $3,121
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.38% $5,766
    TOWNE MORTGAGE COMPANY 1 6.88% $7,790
    USAA Federal Savings Bank 1 7.38% $4,277
    LOANDEPOT.COM, LLC 1 7.63% $4,837
    Ameris Bank 1 8.13% $1,901
    CHURCHILL MORTGAGE CORPORATION 1 7.13% $7,418
    CMG MORTGAGE, INC. 1 7.99% $5,909
    First Federal Bank 1 7.13% $3,719
    First Horizon Bank 1 7.00% $3,490
    First National Bank of America 1 11.88% $8,158
    First South Farm Credit, ACA 1 7.75% $4,709
    FREEDOM MORTGAGE CORPORATION 1 7.38% $6,989
    JPMorgan Chase Bank 1 6.50% $3,470
    ALLIANT CREDIT UNION 1 6.63% $4,626
    MOVEMENT MORTGAGE, LLC 1 6.13% $3,469
    Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $5,256

    Troy Average Closing Costs & Other Stats

    Troy, AL's 30 lenders originated 509 loans during 2024. The total origination value was $89,345,000, with an average loan value of $175,530.

    Troy's average closing costs are $5,262.

    The top Troy lender as defined by loan originations is Assurance Financial Group, L.L.C., with 26 loans originated. Their average total fees are $5,434, which is $762 higher than the next largest lender, Renasant Bank.

    The lowest fee Troy lenders (with over 10 loans originated) are Assurance Financial Group, L.L.C. ($5,434), .

    The lowest rate Troy lenders (with over 10 loans originated) are Assurance Financial Group, L.L.C. (6.64%), .

    Troy, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Troy Bank and Trust Company $9,815,000 $10,920,000 11.3% 12.2%
    Assurance Financial Group, L.L.C. $9,750,000 $9,370,000 -3.9% 10.5%
    Renasant Bank $4,200,000 $5,195,000 23.7% 5.8%
    CROSSCOUNTRY MORTGAGE, LLC $3,330,000 $5,180,000 55.6% 5.8%
    21ST MORTGAGE CORPORATION $3,010,000 $5,065,000 68.3% 5.7%
    DHI MORTGAGE COMPANY, LTD. $2,475,000 $3,515,000 42.0% 3.9%
    Mortgage Research Center, LLC $1,790,000 $3,330,000 86.0% 3.7%
    QUICKEN LOANS, LLC $3,260,000 $3,275,000 0.5% 3.7%
    Trustmark National Bank $2,590,000 $3,180,000 22.8% 3.6%
    GUILD MORTGAGE COMPANY $2,355,000 $3,005,000 27.6% 3.4%
    MAX Credit Union $1,515,000 $2,965,000 95.7% 3.3%
    UNITED WHOLESALE MORTGAGE, LLC $970,000 $2,490,000 156.7% 2.8%
    MOVEMENT MORTGAGE, LLC $405,000 $1,640,000 304.9% 1.8%
    Mr. Cooper ( Nationstar Mortgage ) $185,000 $1,315,000 610.8% 1.5%
    Guardian Credit Union $1,870,000 $1,310,000 -29.9% 1.5%
    UNION HOME MORTGAGE CORP. $2,420,000 $1,310,000 -45.9% 1.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,130,000 $1,230,000 8.8% 1.4%
    LOANDEPOT.COM, LLC $425,000 $1,210,000 184.7% 1.4%
    FREEDOM MORTGAGE CORPORATION $115,000 $1,120,000 873.9% 1.3%
    PENNYMAC LOAN SERVICES, LLC $1,350,000 $1,090,000 -19.3% 1.2%
    Regions Bank $870,000 $1,090,000 25.3% 1.2%
    ALL IN $820,000 $975,000 18.9% 1.1%
    First Citizens Bank $605,000 $965,000 59.5% 1.1%
    MORTGAGE INVESTORS GROUP, INC. $1,340,000 $950,000 -29.1% 1.1%
    Flagstar Bank, FSB $45,000 $640,000 1,322.2% 0.7%
    NAVY FEDERAL CREDIT UNION $955,000 $580,000 -39.3% 0.6%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $540,000 n/a 0.6%
    Hamilton Mortgage Corporation $535,000 n/a 0.6%
    TOWNE MORTGAGE COMPANY $535,000 n/a 0.6%
    CMG MORTGAGE, INC. $1,025,000 $525,000 -48.8% 0.6%
    Wells Fargo Bank $625,000 $525,000 -16.0% 0.6%
    AMERICAN FINANCIAL RESOURCES, INC. $725,000 $480,000 -33.8% 0.5%
    GMFS LLC $1,325,000 $470,000 -64.5% 0.5%
    USAA Federal Savings Bank $510,000 $455,000 -10.8% 0.5%
    First Federal Bank $290,000 $435,000 50.0% 0.5%
    HomePromise Corporation $425,000 n/a 0.5%
    Discover Bank $55,000 $420,000 663.6% 0.5%
    First South Farm Credit, ACA $405,000 n/a 0.5%
    JPMorgan Chase Bank $165,000 $390,000 136.4% 0.4%
    NEWREZ LLC $270,000 $370,000 37.0% 0.4%
    PLAZA HOME MORTGAGE, INC. $365,000 n/a 0.4%
    TRIAD FINANCIAL SERVICES, INC. $480,000 $365,000 -24.0% 0.4%
    CIS Financial Services, Inc. $360,000 n/a 0.4%
    ALLIANT CREDIT UNION $355,000 n/a 0.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $165,000 $345,000 109.1% 0.4%
    PLANET HOME LENDING, LLC $325,000 n/a 0.4%
    Ameris Bank $590,000 $320,000 -45.8% 0.4%
    Magnolia Bank $285,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $95,000 $275,000 189.5% 0.3%
    NFM, INC. $275,000 n/a 0.3%
    ROSS MORTGAGE CORPORATION $275,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $130,000 $265,000 103.8% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $1,100,000 $255,000 -76.8% 0.3%
    VILLAGE CAPITAL MORTGAGE $255,000 n/a 0.3%
    CREDIT HUMAN FEDERAL CREDIT UNION $410,000 $250,000 -39.0% 0.3%
    MORIA DEVELOPMENT, INC. $250,000 n/a 0.3%
    Plains Commerce Bank $240,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $415,000 $235,000 -43.4% 0.3%
    Citizens Bank $185,000 n/a 0.2%
    First Horizon Bank $185,000 n/a 0.2%
    PHH Mortgage Corporation $185,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $185,000 $175,000 -5.4% 0.2%
    The Citizens Bank $175,000 n/a 0.2%
    First Community Bank of Central Alabama $145,000 $170,000 17.2% 0.2%
    MILEND, INC. $165,000 n/a 0.2%
    ALABAMA STATE EMPLOYEES CREDIT UNION $160,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $215,000 $155,000 -27.9% 0.2%
    First National Bank of America $155,000 n/a 0.2%
    Mortgage Lenders Investment Trading Corporation $155,000 n/a 0.2%
    SUCCESS MORTGAGE PARTNERS, INC. $155,000 n/a 0.2%
    Equity Prime Mortgage LLC $135,000 $145,000 7.4% 0.2%
    River Bank & Trust $360,000 $145,000 -59.7% 0.2%
    South State Bank $130,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $390,000 $125,000 -67.9% 0.1%
    Five Star Credit Union $285,000 $115,000 -59.6% 0.1%
    FirstBank $95,000 n/a 0.1%
    Consumer First Mortgage, Inc. $85,000 n/a 0.1%
    CSL Financial, LLC $65,000 n/a 0.1%
    PUBLIX EMPLOYEES $65,000 n/a 0.1%
    APCO EMPLOYEES $55,000 n/a 0.1%
    LOANPAL, LLC $55,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $55,000 n/a 0.1%
    U.S. Bank $55,000 n/a 0.1%
    Figure Lending LLC $35,000 $45,000 28.6% 0.1%
    Truist $35,000 n/a 0.0%
    Tyndall Federal Credit Union $35,000 n/a 0.0%

    Troy's top lender by overall market share is Troy Bank and Trust Company, with 12.2% market share. In second place, with 10.5%, is Assurance Financial Group, L.L.C., having originated $9,370,000 in loans. In third place, with 5.8%, is Renasant Bank, having originated $5,195,000 in loans. In fourth place, with 5.8%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $5,180,000 in loans. In fifth place, with 5.7%, is 21ST MORTGAGE CORPORATION, having originated $5,065,000 in loans.

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

    Realtor.com - Troy (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 $153,000 (9.4%) $179,826 (5.1%) 0.00 147
    2018-02-01 $150,975 (6.0%) $175,994 (3.8%) 0.00 156
    2018-03-01 $149,900 (1.3%) $174,592 (-0.6%) 0.00 165
    2018-04-01 $149,975 (5.3%) $176,107 (1.0%) 0.00 177
    2018-05-01 $149,600 (6.9%) $175,343 (1.9%) 0.00 179
    2018-06-01 $149,250 (0.2%) $173,984 (0.1%) 0.00 177
    2018-07-01 $149,900 (0.4%) $173,395 (-1.1%) 0.00 168
    2018-08-01 $152,250 (1.4%) $175,733 (-4.1%) 0.00 156
    2018-09-01 $149,900 (0.3%) $174,705 (-5.5%) 0.00 143
    2018-10-01 $151,750 (1.2%) $189,760 (1.4%) 0.00 146
    2018-11-01 $149,900 (-1.5%) $187,182 (-0.5%) 0.00 155
    2018-12-01 $139,900 (-9.6%) $181,066 (-3.9%) 0.00 141
    2019-01-01 $140,000 (-8.5%) $180,336 (0.3%) 0.00 146
    2019-02-01 $146,950 (-2.7%) $181,433 (3.1%) 0.00 145
    2019-03-01 $152,857 (2.0%) $185,935 (6.5%) 0.00 151
    2019-04-01 $157,875 (5.3%) $185,380 (5.3%) 0.00 158
    2019-05-01 $157,875 (5.5%) $182,410 (4.0%) 0.00 159
    2019-06-01 $154,900 (3.8%) $182,508 (4.9%) 0.00 153
    2019-07-01 $163,200 (8.9%) $184,193 (6.2%) 0.00 141
    2019-08-01 $163,486 (7.4%) $185,132 (5.4%) 0.00 139
    2019-09-01 $161,216 (7.6%) $183,697 (5.2%) 0.00 149
    2019-10-01 $159,225 (4.9%) $180,719 (-4.8%) 0.00 156
    2019-11-01 $149,900 (0.0%) $179,352 (-4.2%) 0.00 156
    2019-12-01 $149,700 (7.0%) $177,989 (-1.7%) 0.00 149
    2020-01-01 $148,750 (6.3%) $168,647 (-6.5%) 0.00 160
    2020-02-01 $149,950 (2.0%) $172,797 (-4.8%) 0.00 153
    2020-03-01 $153,700 (0.6%) $170,461 (-8.3%) 0.00 151
    2020-04-01 $157,000 (-0.6%) $173,870 (-6.2%) 0.00 141
    2020-05-01 $168,000 (6.4%) $180,487 (-1.1%) 0.00 136
    2020-06-01 $185,000 (19.4%) $187,898 (3.0%) 0.00 123
    2020-07-01 $174,925 (7.2%) $188,376 (2.3%) 0.00 115
    2020-08-01 $169,900 (3.9%) $186,901 (1.0%) 0.00 110
    2020-09-01 $169,288 (5.0%) $190,405 (3.7%) 0.00 108
    2020-10-01 $159,900 (0.4%) $197,064 (9.0%) 0.00 101
    2020-11-01 $159,900 (6.7%) $191,150 (6.6%) 0.00 93
    2020-12-01 $167,100 (11.6%) $195,814 (10.0%) 0.00 96
    2021-01-01 $169,700 (14.1%) $196,740 (16.7%) 0.00 101
    2021-02-01 $175,000 (16.7%) $194,877 (12.8%) 0.00 114
    2021-03-01 $179,500 (16.8%) $195,596 (14.8%) 0.00 102
    2021-04-01 $182,200 (16.1%) $199,359 (14.7%) 0.00 97
    2021-05-01 $179,000 (6.6%) $195,313 (8.2%) 0.00 89
    2021-06-01 $179,900 (-2.8%) $205,944 (9.6%) 0.00 83
    2021-07-01 $186,400 (6.6%) $214,058 (13.6%) 0.00 77
    2021-08-01 $208,900 (23.0%) $228,664 (22.4%) 0.00 92
    2021-09-01 $208,900 (23.4%) $237,939 (25.0%) 0.00 91
    2021-10-01 $209,750 (31.2%) $237,094 (20.3%) 0.00 83
    2021-11-01 $209,600 (31.1%) $232,929 (21.9%) 0.00 80
    2021-12-01 $205,725 (23.1%) $228,236 (16.6%) 0.00 77
    2022-01-01 $207,500 (22.3%) $210,692 (7.1%) 0.00 81
    2022-02-01 $199,000 (13.7%) $208,909 (7.2%) 0.00 87
    2022-03-01 $175,875 (-2.0%) $193,076 (-1.3%) 0.00 84
    2022-04-01 $181,750 (-0.3%) $213,632 (7.2%) 0.00 79
    2022-05-01 $200,800 (12.2%) $214,747 (10.0%) 0.00 70
    2022-06-01 $209,950 (16.7%) $219,413 (6.5%) 0.00 69
    2022-07-01 $209,000 (12.1%) $223,211 (4.3%) 0.00 73
    2022-08-01 $187,000 (-10.5%) $238,347 (4.2%) 0.00 85
    2022-09-01 $190,000 (-9.1%) $248,541 (4.5%) 0.00 89
    2022-10-01 $179,000 (-14.7%) $247,276 (4.3%) 0.00 90
    2022-11-01 $188,250 (-10.2%) $230,794 (-0.9%) 0.00 77
    2022-12-01 $196,200 (-4.6%) $226,648 (-0.7%) 0.00 76
    2023-01-01 $198,875 (-4.2%) $225,523 (7.0%) 0.00 75
    2023-02-01 $194,500 (-2.3%) $217,160 (4.0%) 0.00 70
    2023-03-01 $189,000 (7.5%) $221,593 (14.8%) 0.00 82
    2023-04-01 $217,000 (19.4%) $227,816 (6.6%) 0.00 84
    2023-05-01 $224,950 (12.0%) $234,639 (9.3%) 0.00 86
    2023-06-01 $216,175 (3.0%) $226,606 (3.3%) 0.00 86
    2023-07-01 $209,950 (0.5%) $220,849 (-1.1%) 0.00 93
    2023-08-01 $199,900 (6.9%) $225,523 (-5.4%) 0.00 97
    2023-09-01 $199,900 (5.2%) $217,644 (-12.4%) 0.00 104
    2023-10-01 $211,250 (18.0%) $249,305 (0.8%) 0.00 105
    2023-11-01 $219,725 (16.7%) $307,301 (33.2%) 0.00 91
    2023-12-01 $222,000 (13.2%) $313,842 (38.5%) 0.00 86
    2024-01-01 $234,045 (17.7%) $311,272 (38.0%) 0.00 99
    2024-02-01 $224,950 (15.7%) $270,203 (24.4%) 0.00 116
    2024-03-01 $222,000 (17.5%) $264,261 (19.3%) 0.00 117
    2024-04-01 $239,700 (10.5%) $276,240 (21.3%) 0.00 116
    2024-05-01 $239,925 (6.7%) $281,830 (20.1%) 0.00 116
    2024-06-01 $241,250 (11.6%) $287,332 (26.8%) 0.00 116
    2024-07-01 $248,625 (18.4%) $289,537 (31.1%) 0.00 119
    2024-08-01 $249,000 (24.6%) $278,999 (23.7%) 0.00 128
    2024-09-01 $250,125 (25.1%) $288,352 (32.5%) 0.00 119
    2024-10-01 $266,370 (26.1%) $300,833 (20.7%) 0.00 122
    2024-11-01 $247,900 (12.8%) $283,687 (-7.7%) 0.00 124
    2024-12-01 $246,925 (11.2%) $296,332 (-5.6%) 0.00 116
    2025-01-01 $247,450 (5.7%) $278,535 (-10.5%) 0.00 114
    2025-02-01 $243,950 (8.5%) $273,623 (1.3%) 0.00 131
    2025-03-01 $234,400 (5.6%) $265,407 (0.4%) 0.00 126
    2025-04-01 $225,180 (-6.1%) $268,817 (-2.7%) 0.00 126
    Troy's median listing price for 2025-04-01 was $225,180, a difference of $-14,520 (-6.1%) versus the prior year and $-9,220 versus the prior month.

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

    Troy's average listing price for 2025-04-01 was $268,817, a difference of $-7,423 (-2.7%) versus the prior year and $3,410 versus the prior month.

    For the 2025-04-01 period, Troy had 126 MLS listings, a difference of 0 listings (0%) versus the prior month and 10 listings (9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Troy (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,608 sqft
    2018-02-01 0 days 1,632 sqft
    2018-03-01 0 days 1,632 sqft
    2018-04-01 0 days 1,681 sqft
    2018-05-01 0 days 1,709 sqft
    2018-06-01 0 days 1,712 sqft
    2018-07-01 0 days 1,717 sqft
    2018-08-01 0 days 1,785 sqft
    2018-09-01 0 days 1,744 sqft
    2018-10-01 0 days 1,705 sqft
    2018-11-01 0 days 1,666 sqft
    2018-12-01 0 days 1,653 sqft
    2019-01-01 0 days 1,664 sqft
    2019-02-01 0 days 1,669 sqft
    2019-03-01 0 days 1,682 sqft
    2019-04-01 0 days 1,677 sqft
    2019-05-01 0 days 1,702 sqft
    2019-06-01 0 days 1,704 sqft
    2019-07-01 0 days 1,746 sqft
    2019-08-01 0 days 1,743 sqft
    2019-09-01 0 days 1,736 sqft
    2019-10-01 0 days 1,731 sqft
    2019-11-01 0 days 1,707 sqft
    2019-12-01 0 days 1,665 sqft
    2020-01-01 0 days 1,683 sqft
    2020-02-01 0 days 1,691 sqft
    2020-03-01 0 days 1,700 sqft
    2020-04-01 0 days 1,724 sqft
    2020-05-01 0 days 1,757 sqft
    2020-06-01 0 days 1,793 sqft
    2020-07-01 0 days 1,818 sqft
    2020-08-01 0 days 1,777 sqft
    2020-09-01 0 days 1,711 sqft
    2020-10-01 0 days 1,700 sqft
    2020-11-01 0 days 1,695 sqft
    2020-12-01 0 days 1,700 sqft
    2021-01-01 0 days 1,658 sqft
    2021-02-01 0 days 1,666 sqft
    2021-03-01 0 days 1,645 sqft
    2021-04-01 0 days 1,693 sqft
    2021-05-01 0 days 1,647 sqft
    2021-06-01 0 days 1,802 sqft
    2021-07-01 0 days 1,798 sqft
    2021-08-01 0 days 1,770 sqft
    2021-09-01 0 days 1,830 sqft
    2021-10-01 0 days 1,813 sqft
    2021-11-01 0 days 1,800 sqft
    2021-12-01 0 days 1,699 sqft
    2022-01-01 0 days 1,658 sqft
    2022-02-01 0 days 1,693 sqft
    2022-03-01 0 days 1,665 sqft
    2022-04-01 0 days 1,689 sqft
    2022-05-01 0 days 1,666 sqft
    2022-06-01 0 days 1,696 sqft
    2022-07-01 0 days 1,640 sqft
    2022-08-01 0 days 1,637 sqft
    2022-09-01 0 days 1,605 sqft
    2022-10-01 0 days 1,574 sqft
    2022-11-01 0 days 1,668 sqft
    2022-12-01 0 days 1,660 sqft
    2023-01-01 0 days 1,640 sqft
    2023-02-01 0 days 1,586 sqft
    2023-03-01 0 days 1,550 sqft
    2023-04-01 0 days 1,765 sqft
    2023-05-01 0 days 1,795 sqft
    2023-06-01 0 days 1,704 sqft
    2023-07-01 0 days 1,640 sqft
    2023-08-01 0 days 1,679 sqft
    2023-09-01 0 days 1,688 sqft
    2023-10-01 0 days 1,661 sqft
    2023-11-01 0 days 1,700 sqft
    2023-12-01 0 days 1,802 sqft
    2024-01-01 0 days 1,869 sqft
    2024-02-01 0 days 1,800 sqft
    2024-03-01 0 days 1,787 sqft
    2024-04-01 0 days 1,804 sqft
    2024-05-01 0 days 1,794 sqft
    2024-06-01 0 days 1,817 sqft
    2024-07-01 0 days 1,974 sqft
    2024-08-01 0 days 1,850 sqft
    2024-09-01 0 days 1,851 sqft
    2024-10-01 0 days 1,833 sqft
    2024-11-01 0 days 1,802 sqft
    2024-12-01 0 days 1,774 sqft
    2025-01-01 0 days 1,755 sqft
    2025-02-01 0 days 1,694 sqft
    2025-03-01 0 days 1,717 sqft
    2025-04-01 0 days 1,743 sqft
    Troy's median listing age (time on market) for 2025-04-01 was 0 days.

    Troy's median square footage for active listings during the 2025-04-01 period was 1,743 sqft. One year prior, the average listing was 1,804 sqft.

    Troy, AL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 325 $65,115,000 $200,354
    Refi 65 $11,535,000 $177,462
    Cash Out Refi 50 $7,700,000 $154,000
    Home Improvement 43 $3,195,000 $74,302
    Other 26 $1,800,000 $69,231

    Troy's most frequently cited loan purpose was Home Purchase, with 325 originations. The 2nd most popular reason was Refi, with 65 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 168 $35,420,000 $210,833
    Over 8% 137 $15,615,000 $113,978
    7-8% 80 $14,710,000 $183,875
    5-6% 64 $15,760,000 $246,250
    4-5% 41 $5,485,000 $133,780
    <2.5% 1 $385,000 $385,000

    During 2024, Troy's most frequently originated rate bucket was 6-7%, with 168 originations.

    Loan Sizing (Troy, AL MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 172 $9,490,000 $55,174
    $200k-400k 155 $41,715,000 $269,129
    $100k-200k 152 $22,510,000 $148,092
    $400k-600k 24 $11,480,000 $478,333
    $600k-1000k 6 $4,150,000 $691,667

    Troy's loan sizing saw the bucket of loans from $100,000 or less with 172 originations, totaling $9,490,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 238 $53,580,000 $225,126
    60-80% 86 $15,700,000 $182,558
    20-40% 57 $4,615,000 $80,965
    Under 20% 48 $1,920,000 $40,000
    40-60% 42 $6,450,000 $153,571
    Over 100% 11 $2,465,000 $224,091

    Troy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 238 originations, totaling $53,580,000 in origination value.