Meadville FHA Loan Rates, Closing Costs & Stats
Meadville, PA
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Meadville's 39 lenders originated 114 FHA loans during 2024. The total origination value was $17,520,000, with an average FHA loan value of $153,684.
Meadville FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Meadville
averaged
6.28%
for the week of 2025-04-04, compared to the national average (all FHA variants) of
6.259% for the same period.
Meadville's average FHA mortgage closing costs are $6,729.
The average rate for the prior week (2025-03-28) was
6.68% and
one month ago for the week of 2025-02-28, the
average rate was 6.66%.
The average rate one year ago was 6.88%.
For refis of the same type during the week of 2025-04-04, the average rate
was 6.46%.
Meadville FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Meadville level.
The top Meadville FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with
21 FHA loans originated. Their average total fees are
$7,774, which is $3,257
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Meadville FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($7,774), .
The lowest rate Meadville FHA lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (6.53%), .
Meadville FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
MEADVILLE, PA | CRAWFORD | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
MEADVILLE, PA | CRAWFORD | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Meadville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $112,950 (-6.2%) | $158,290 (-0.4%) | 0.00 | 331 |
2018-02-01 | $108,225 (-9.8%) | $155,366 (-6.6%) | 0.00 | 340 |
2018-03-01 | $113,500 (-5.4%) | $159,356 (-4.8%) | 0.00 | 351 |
2018-04-01 | $116,540 (-3.7%) | $165,514 (-2.4%) | 0.00 | 348 |
2018-05-01 | $116,875 (-7.4%) | $164,019 (-0.5%) | 0.00 | 369 |
2018-06-01 | $119,900 (0.0%) | $165,605 (0.9%) | 0.00 | 380 |
2018-07-01 | $124,950 (-1.2%) | $167,923 (-1.4%) | 0.00 | 383 |
2018-08-01 | $126,500 (0.2%) | $167,673 (-0.6%) | 0.00 | 395 |
2018-09-01 | $125,000 (4.3%) | $163,301 (-4.6%) | 0.00 | 397 |
2018-10-01 | $125,000 (5.5%) | $167,639 (0.2%) | 0.00 | 396 |
2018-11-01 | $125,500 (5.5%) | $171,921 (3.3%) | 0.00 | 376 |
2018-12-01 | $125,000 (6.8%) | $169,463 (4.0%) | 0.00 | 367 |
2019-01-01 | $127,450 (12.8%) | $168,352 (6.4%) | 0.00 | 352 |
2019-02-01 | $122,575 (13.3%) | $167,128 (7.6%) | 0.00 | 338 |
2019-03-01 | $122,857 (8.2%) | $163,122 (2.4%) | 0.00 | 325 |
2019-04-01 | $125,000 (7.3%) | $163,454 (-1.2%) | 0.00 | 316 |
2019-05-01 | $128,988 (10.4%) | $169,726 (3.5%) | 0.00 | 326 |
2019-06-01 | $129,450 (8.0%) | $172,741 (4.3%) | 0.00 | 320 |
2019-07-01 | $138,300 (10.7%) | $175,065 (4.3%) | 0.00 | 334 |
2019-08-01 | $136,736 (8.1%) | $171,623 (2.4%) | 0.00 | 336 |
2019-09-01 | $132,666 (6.1%) | $167,056 (2.3%) | 0.00 | 331 |
2019-10-01 | $128,125 (2.5%) | $162,947 (-2.8%) | 0.00 | 326 |
2019-11-01 | $124,900 (-0.5%) | $163,082 (-5.1%) | 0.00 | 312 |
2019-12-01 | $126,750 (1.4%) | $163,707 (-3.4%) | 0.00 | 273 |
2020-01-01 | $125,800 (-1.3%) | $162,852 (-3.3%) | 0.00 | 258 |
2020-02-01 | $127,500 (4.0%) | $161,706 (-3.2%) | 0.00 | 249 |
2020-03-01 | $131,000 (6.6%) | $167,172 (2.5%) | 0.00 | 241 |
2020-04-01 | $129,750 (3.8%) | $165,768 (1.4%) | 0.00 | 237 |
2020-05-01 | $140,000 (8.5%) | $173,916 (2.5%) | 0.00 | 227 |
2020-06-01 | $149,450 (15.5%) | $182,254 (5.5%) | 0.00 | 221 |
2020-07-01 | $149,450 (8.1%) | $183,460 (4.8%) | 0.00 | 205 |
2020-08-01 | $139,000 (1.7%) | $185,058 (7.8%) | 0.00 | 186 |
2020-09-01 | $143,700 (8.3%) | $188,918 (13.1%) | 0.00 | 159 |
2020-10-01 | $138,000 (7.7%) | $177,090 (8.7%) | 0.00 | 161 |
2020-11-01 | $136,250 (9.1%) | $182,777 (12.1%) | 0.00 | 149 |
2020-12-01 | $134,925 (6.5%) | $183,481 (12.1%) | 0.00 | 134 |
2021-01-01 | $131,000 (4.1%) | $189,131 (16.1%) | 0.00 | 116 |
2021-02-01 | $129,900 (1.9%) | $198,227 (22.6%) | 0.00 | 95 |
2021-03-01 | $127,400 (-2.8%) | $196,020 (17.3%) | 0.00 | 77 |
2021-04-01 | $132,450 (2.1%) | $218,785 (32.0%) | 0.00 | 70 |
2021-05-01 | $148,500 (6.1%) | $220,070 (26.5%) | 0.00 | 91 |
2021-06-01 | $154,900 (3.7%) | $230,720 (26.6%) | 0.00 | 102 |
2021-07-01 | $159,900 (7.0%) | $221,854 (20.9%) | 0.00 | 110 |
2021-08-01 | $153,225 (10.2%) | $216,785 (17.1%) | 0.00 | 121 |
2021-09-01 | $161,950 (12.7%) | $216,742 (14.7%) | 0.00 | 110 |
2021-10-01 | $140,000 (1.5%) | $197,775 (11.7%) | 0.00 | 113 |
2021-11-01 | $149,900 (10.0%) | $203,926 (11.6%) | 0.00 | 101 |
2021-12-01 | $139,000 (3.0%) | $203,075 (10.7%) | 0.00 | 97 |
2022-01-01 | $138,950 (6.1%) | $207,137 (9.5%) | 0.00 | 91 |
2022-02-01 | $132,500 (2.0%) | $189,268 (-4.5%) | 0.00 | 83 |
2022-03-01 | $130,000 (2.0%) | $193,930 (-1.1%) | 0.00 | 77 |
2022-04-01 | $137,450 (3.8%) | $195,439 (-10.7%) | 0.00 | 82 |
2022-05-01 | $145,333 (-2.1%) | $210,612 (-4.3%) | 0.00 | 87 |
2022-06-01 | $164,400 (6.1%) | $223,961 (-2.9%) | 0.00 | 102 |
2022-07-01 | $149,900 (-6.3%) | $226,889 (2.3%) | 0.00 | 119 |
2022-08-01 | $154,950 (1.1%) | $223,255 (3.0%) | 0.00 | 124 |
2022-09-01 | $182,950 (13.0%) | $231,926 (7.0%) | 0.00 | 119 |
2022-10-01 | $180,000 (28.6%) | $262,307 (32.6%) | 0.00 | 122 |
2022-11-01 | $188,250 (25.6%) | $274,907 (34.8%) | 0.00 | 109 |
2022-12-01 | $180,000 (29.5%) | $270,796 (33.4%) | 0.00 | 103 |
2023-01-01 | $165,800 (19.3%) | $267,988 (29.4%) | 0.00 | 92 |
2023-02-01 | $158,500 (19.6%) | $265,930 (40.5%) | 0.00 | 81 |
2023-03-01 | $172,250 (32.5%) | $308,561 (59.1%) | 0.00 | 73 |
2023-04-01 | $225,000 (63.7%) | $370,159 (89.4%) | 0.00 | 68 |
2023-05-01 | $206,175 (41.9%) | $356,513 (69.3%) | 0.00 | 75 |
2023-06-01 | $229,450 (39.6%) | $348,498 (55.6%) | 0.00 | 85 |
2023-07-01 | $199,900 (33.4%) | $330,281 (45.6%) | 0.00 | 89 |
2023-08-01 | $181,475 (17.1%) | $289,282 (29.6%) | 0.00 | 108 |
2023-09-01 | $172,400 (-5.8%) | $236,178 (1.8%) | 0.00 | 103 |
2023-10-01 | $179,000 (-0.6%) | $258,811 (-1.3%) | 0.00 | 105 |
2023-11-01 | $171,200 (-9.1%) | $255,914 (-6.9%) | 0.00 | 104 |
2023-12-01 | $169,900 (-5.6%) | $232,604 (-14.1%) | 0.00 | 98 |
2024-01-01 | $172,500 (4.0%) | $234,711 (-12.4%) | 0.00 | 99 |
2024-02-01 | $170,600 (7.6%) | $243,028 (-8.6%) | 0.00 | 97 |
2024-03-01 | $190,000 (10.3%) | $262,511 (-14.9%) | 0.00 | 90 |
2024-04-01 | $209,950 (-6.7%) | $282,328 (-23.7%) | 0.00 | 89 |
2024-05-01 | $189,450 (-8.1%) | $272,589 (-23.5%) | 0.00 | 98 |
2024-06-01 | $224,900 (-2.0%) | $272,430 (-21.8%) | 0.00 | 90 |
2024-07-01 | $232,425 (16.3%) | $297,401 (-10.0%) | 0.00 | 99 |
2024-08-01 | $220,000 (21.2%) | $281,659 (-2.6%) | 0.00 | 105 |
2024-09-01 | $223,350 (29.6%) | $315,547 (33.6%) | 0.00 | 113 |
2024-10-01 | $227,800 (27.3%) | $314,851 (21.7%) | 0.00 | 111 |
2024-11-01 | $224,750 (31.3%) | $307,144 (20.0%) | 0.00 | 117 |
2024-12-01 | $199,225 (17.3%) | $287,970 (23.8%) | 0.00 | 115 |
2025-01-01 | $189,900 (10.1%) | $260,362 (10.9%) | 0.00 | 119 |
2025-02-01 | $199,225 (16.8%) | $271,431 (11.7%) | 0.00 | 103 |
2025-03-01 | $198,000 (4.2%) | $283,384 (8.0%) | 0.00 | 97 |
Meadville's median listing price comes in at 0% of the national average.
Meadville's average listing price for 2025-03-01 was $283,384, a difference of $20,873 (8.0%) versus the prior year and $11,953 versus the prior month.
For the 2025-03-01 period, Meadville had 97 MLS listings, a difference of -6 listings (-6%) versus the prior month and 7 listings (8%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Meadville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,600 sqft |
2018-02-01 | 0 days | 1,584 sqft |
2018-03-01 | 0 days | 1,589 sqft |
2018-04-01 | 0 days | 1,604 sqft |
2018-05-01 | 0 days | 1,614 sqft |
2018-06-01 | 0 days | 1,630 sqft |
2018-07-01 | 0 days | 1,616 sqft |
2018-08-01 | 0 days | 1,625 sqft |
2018-09-01 | 0 days | 1,649 sqft |
2018-10-01 | 0 days | 1,650 sqft |
2018-11-01 | 0 days | 1,670 sqft |
2018-12-01 | 0 days | 1,650 sqft |
2019-01-01 | 0 days | 1,649 sqft |
2019-02-01 | 0 days | 1,632 sqft |
2019-03-01 | 0 days | 1,578 sqft |
2019-04-01 | 0 days | 1,565 sqft |
2019-05-01 | 0 days | 1,598 sqft |
2019-06-01 | 0 days | 1,600 sqft |
2019-07-01 | 0 days | 1,615 sqft |
2019-08-01 | 0 days | 1,611 sqft |
2019-09-01 | 0 days | 1,597 sqft |
2019-10-01 | 0 days | 1,581 sqft |
2019-11-01 | 0 days | 1,535 sqft |
2019-12-01 | 0 days | 1,551 sqft |
2020-01-01 | 0 days | 1,533 sqft |
2020-02-01 | 0 days | 1,514 sqft |
2020-03-01 | 0 days | 1,595 sqft |
2020-04-01 | 0 days | 1,607 sqft |
2020-05-01 | 0 days | 1,626 sqft |
2020-06-01 | 0 days | 1,700 sqft |
2020-07-01 | 0 days | 1,652 sqft |
2020-08-01 | 0 days | 1,679 sqft |
2020-09-01 | 0 days | 1,709 sqft |
2020-10-01 | 0 days | 1,645 sqft |
2020-11-01 | 0 days | 1,647 sqft |
2020-12-01 | 0 days | 1,656 sqft |
2021-01-01 | 0 days | 1,645 sqft |
2021-02-01 | 0 days | 1,636 sqft |
2021-03-01 | 0 days | 1,651 sqft |
2021-04-01 | 0 days | 1,738 sqft |
2021-05-01 | 0 days | 1,700 sqft |
2021-06-01 | 0 days | 1,676 sqft |
2021-07-01 | 0 days | 1,746 sqft |
2021-08-01 | 0 days | 1,706 sqft |
2021-09-01 | 0 days | 1,682 sqft |
2021-10-01 | 0 days | 1,581 sqft |
2021-11-01 | 0 days | 1,678 sqft |
2021-12-01 | 0 days | 1,668 sqft |
2022-01-01 | 0 days | 1,661 sqft |
2022-02-01 | 0 days | 1,571 sqft |
2022-03-01 | 0 days | 1,515 sqft |
2022-04-01 | 0 days | 1,569 sqft |
2022-05-01 | 0 days | 1,573 sqft |
2022-06-01 | 0 days | 1,640 sqft |
2022-07-01 | 0 days | 1,600 sqft |
2022-08-01 | 0 days | 1,667 sqft |
2022-09-01 | 0 days | 1,761 sqft |
2022-10-01 | 0 days | 1,680 sqft |
2022-11-01 | 0 days | 1,713 sqft |
2022-12-01 | 0 days | 1,536 sqft |
2023-01-01 | 0 days | 1,479 sqft |
2023-02-01 | 0 days | 1,470 sqft |
2023-03-01 | 0 days | 1,520 sqft |
2023-04-01 | 0 days | 1,640 sqft |
2023-05-01 | 0 days | 1,583 sqft |
2023-06-01 | 0 days | 1,640 sqft |
2023-07-01 | 0 days | 1,624 sqft |
2023-08-01 | 0 days | 1,560 sqft |
2023-09-01 | 0 days | 1,568 sqft |
2023-10-01 | 0 days | 1,616 sqft |
2023-11-01 | 0 days | 1,643 sqft |
2023-12-01 | 0 days | 1,624 sqft |
2024-01-01 | 0 days | 1,568 sqft |
2024-02-01 | 0 days | 1,524 sqft |
2024-03-01 | 0 days | 1,600 sqft |
2024-04-01 | 0 days | 1,659 sqft |
2024-05-01 | 0 days | 1,696 sqft |
2024-06-01 | 0 days | 1,690 sqft |
2024-07-01 | 0 days | 1,769 sqft |
2024-08-01 | 0 days | 1,641 sqft |
2024-09-01 | 0 days | 1,712 sqft |
2024-10-01 | 0 days | 1,776 sqft |
2024-11-01 | 0 days | 1,615 sqft |
2024-12-01 | 0 days | 1,635 sqft |
2025-01-01 | 0 days | 1,584 sqft |
2025-02-01 | 0 days | 1,595 sqft |
2025-03-01 | 0 days | 1,575 sqft |
Meadville's median square footage for active listings during the 2025-03-01 period was 1,575 sqft. One year prior, the average listing was 1,600 sqft.