Point Pleasant USDA Loan Rates, Closing Costs & Stats

Point Pleasant, WV-OH

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    • USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

    Point Pleasant's 10 lenders originated 16 USDA loans during 2023. The total origination value was $2,240,000, with an average USDA loan value of $140,000.

    Point Pleasant USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Point Pleasant averaged 6.52% for the week of 2024-11-08, compared to the national average (all USDA variants) of 6.477% for the same period.

    Point Pleasant's average USDA mortgage closing costs are $4,721.

    The average rate for the prior week (2024-11-01) was 6.29% and one month ago for the week of 2024-10-04, the average rate was 5.92%.

    The average rate one year ago was 7.45%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.58%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Point Pleasant USDA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Point Pleasant level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    STOCKTON MORTGAGE CORPORATION 3 4.96% $8,098
    UNION HOME MORTGAGE CORP. 2 6.44% $7,644
    U.S. Bank 2 7.50% $4,766
    Paramount Residential Mortgage Group, Inc. 2 6.50% $6,939
    MOVEMENT MORTGAGE, LLC 2 6.56% $6,644
    WesBanco 1 6.13% $8,097
    BAYSHORE MORTGAGE FUNDING, LLC 1 7.13% $7,561
    RAPID MORTGAGE COMPANY 1 7.00% $7,242
    Victorian Finance, LLC 1 6.13% $4,563
    Bank of England 1 5.50% $2,872

    The top Point Pleasant USDA lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with 3 USDA loans originated. Their average total fees are $8,098, which is $454 higher than the next largest lender, UNION HOME MORTGAGE CORP..

    The lowest fee Point Pleasant USDA lenders (with over 10 loans originated) are .

    The lowest rate Point Pleasant USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Point Pleasant (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 $119,625 (4.1%) $164,910 (5.1%) 0.00 186
    2018-02-01 $124,950 (8.5%) $170,211 (7.9%) 0.00 187
    2018-03-01 $124,900 (7.3%) $161,456 (7.4%) 0.00 190
    2018-04-01 $122,250 (5.0%) $157,200 (5.9%) 0.00 199
    2018-05-01 $122,400 (5.1%) $167,921 (11.6%) 0.00 205
    2018-06-01 $125,580 (3.4%) $172,292 (14.7%) 0.00 218
    2018-07-01 $129,500 (9.8%) $180,636 (21.3%) 0.00 219
    2018-08-01 $129,900 (18.1%) $182,377 (28.3%) 0.00 221
    2018-09-01 $128,000 (11.3%) $182,358 (24.7%) 0.00 220
    2018-10-01 $123,475 (4.6%) $177,240 (19.0%) 0.00 215
    2018-11-01 $122,225 (3.0%) $178,350 (16.6%) 0.00 206
    2018-12-01 $125,000 (5.0%) $176,211 (13.3%) 0.00 191
    2019-01-01 $125,000 (4.5%) $176,456 (7.0%) 0.00 171
    2019-02-01 $127,000 (1.6%) $172,668 (1.4%) 0.00 173
    2019-03-01 $127,264 (1.9%) $177,500 (9.9%) 0.00 181
    2019-04-01 $125,889 (3.0%) $182,582 (16.2%) 0.00 184
    2019-05-01 $129,650 (5.9%) $182,212 (8.5%) 0.00 180
    2019-06-01 $129,900 (3.4%) $184,046 (6.8%) 0.00 178
    2019-07-01 $129,900 (0.3%) $185,977 (3.0%) 0.00 171
    2019-08-01 $128,482 (-1.1%) $181,779 (-0.3%) 0.00 172
    2019-09-01 $126,355 (-1.3%) $169,347 (-7.1%) 0.00 166
    2019-10-01 $124,936 (1.2%) $168,165 (-5.1%) 0.00 160
    2019-11-01 $119,900 (-1.9%) $171,308 (-4.0%) 0.00 160
    2019-12-01 $119,900 (-4.1%) $158,529 (-10.0%) 0.00 156
    2020-01-01 $122,200 (-2.2%) $167,343 (-5.2%) 0.00 144
    2020-02-01 $119,900 (-5.6%) $164,031 (-5.0%) 0.00 149
    2020-03-01 $118,750 (-6.7%) $159,456 (-10.2%) 0.00 149
    2020-04-01 $119,000 (-5.5%) $164,054 (-10.2%) 0.00 147
    2020-05-01 $124,900 (-3.7%) $172,151 (-5.5%) 0.00 131
    2020-06-01 $129,900 (0.0%) $181,893 (-1.2%) 0.00 130
    2020-07-01 $126,825 (-2.4%) $179,646 (-3.4%) 0.00 140
    2020-08-01 $129,000 (0.4%) $184,998 (1.8%) 0.00 125
    2020-09-01 $124,200 (-1.7%) $184,466 (8.9%) 0.00 103
    2020-10-01 $124,950 (0.0%) $191,731 (14.0%) 0.00 100
    2020-11-01 $125,925 (5.0%) $191,011 (11.5%) 0.00 89
    2020-12-01 $124,900 (4.2%) $194,003 (22.4%) 0.00 89
    2021-01-01 $117,000 (-4.3%) $167,306 (0.0%) 0.00 80
    2021-02-01 $126,900 (5.8%) $186,422 (13.7%) 0.00 62
    2021-03-01 $127,725 (7.6%) $188,608 (18.3%) 0.00 66
    2021-04-01 $129,450 (8.8%) $187,019 (14.0%) 0.00 66
    2021-05-01 $129,450 (3.6%) $210,341 (22.2%) 0.00 61
    2021-06-01 $149,925 (15.4%) $236,977 (30.3%) 0.00 62
    2021-07-01 $164,450 (29.7%) $304,810 (69.7%) 0.00 61
    2021-08-01 $152,963 (18.6%) $270,125 (46.0%) 0.00 59
    2021-09-01 $147,900 (19.1%) $233,548 (26.6%) 0.00 60
    2021-10-01 $156,975 (25.6%) $235,872 (23.0%) 0.00 67
    2021-11-01 $171,975 (36.6%) $256,440 (34.3%) 0.00 73
    2021-12-01 $154,200 (23.5%) $248,582 (28.1%) 0.00 70
    2022-01-01 $139,900 (19.6%) $247,218 (47.8%) 0.00 65
    2022-02-01 $154,000 (21.4%) $265,703 (42.5%) 0.00 62
    2022-03-01 $149,925 (17.4%) $299,501 (58.8%) 0.00 48
    2022-04-01 $175,950 (35.9%) $317,172 (69.6%) 0.00 43
    2022-05-01 $212,400 (64.1%) $334,828 (59.2%) 0.00 46
    2022-06-01 $197,000 (31.4%) $310,492 (31.0%) 0.00 59
    2022-07-01 $189,900 (15.5%) $294,381 (-3.4%) 0.00 77
    2022-08-01 $185,925 (21.6%) $284,229 (5.2%) 0.00 85
    2022-09-01 $168,225 (13.7%) $267,622 (14.6%) 0.00 78
    2022-10-01 $159,900 (1.9%) $250,834 (6.3%) 0.00 76
    2022-11-01 $168,475 (-2.0%) $260,608 (1.6%) 0.00 80
    2022-12-01 $182,450 (18.3%) $275,326 (10.8%) 0.00 77
    2023-01-01 $181,725 (29.9%) $275,555 (11.5%) 0.00 68
    2023-02-01 $191,725 (24.5%) $275,859 (3.8%) 0.00 63
    2023-03-01 $214,200 (42.9%) $289,655 (-3.3%) 0.00 65
    2023-04-01 $219,850 (25.0%) $298,988 (-5.7%) 0.00 51
    2023-05-01 $229,900 (8.2%) $315,369 (-5.8%) 0.00 55
    2023-06-01 $224,875 (14.2%) $306,096 (-1.4%) 0.00 61
    2023-07-01 $249,000 (31.1%) $305,752 (3.9%) 0.00 61
    2023-08-01 $229,283 (23.3%) $283,654 (-0.2%) 0.00 76
    2023-09-01 $239,450 (42.3%) $283,886 (6.1%) 0.00 70
    2023-10-01 $233,175 (45.8%) $285,231 (13.7%) 0.00 69
    2023-11-01 $219,875 (30.5%) $324,106 (24.4%) 0.00 61
    2023-12-01 $216,650 (18.7%) $277,956 (1.0%) 0.00 64
    2024-01-01 $219,900 (21.0%) $290,041 (5.3%) 0.00 51
    2024-02-01 $219,950 (14.7%) $248,748 (-9.8%) 0.00 52
    2024-03-01 $219,750 (2.6%) $285,575 (-1.4%) 0.00 54
    2024-04-01 $226,725 (3.1%) $278,629 (-6.8%) 0.00 52
    2024-05-01 $248,650 (8.2%) $289,405 (-8.2%) 0.00 65
    2024-06-01 $254,000 (13.0%) $293,614 (-4.1%) 0.00 76
    2024-07-01 $223,675 (-10.2%) $304,016 (-0.6%) 0.00 89
    2024-08-01 $237,200 (3.5%) $348,104 (22.7%) 0.00 84
    2024-09-01 $244,850 (2.3%) $385,787 (35.9%) 0.00 83
    2024-10-01 $228,600 (-2.0%) $354,636 (24.3%) 0.00 92
    Point Pleasant's median listing price for 2024-10-01 was $228,600, a difference of $-4,575 (-2.0%) versus the prior year and $-16,250 versus the prior month.

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

    Point Pleasant's average listing price for 2024-10-01 was $354,636, a difference of $69,405 (24.3%) versus the prior year and $-31,151 versus the prior month.

    For the 2024-10-01 period, Point Pleasant had 92 MLS listings, a difference of 9 listings (11%) versus the prior month and 23 listings (33%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Point Pleasant (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,708 sqft
    2018-02-01 0 days 1,769 sqft
    2018-03-01 0 days 1,703 sqft
    2018-04-01 0 days 1,656 sqft
    2018-05-01 0 days 1,634 sqft
    2018-06-01 0 days 1,664 sqft
    2018-07-01 0 days 1,679 sqft
    2018-08-01 0 days 1,661 sqft
    2018-09-01 0 days 1,623 sqft
    2018-10-01 0 days 1,564 sqft
    2018-11-01 0 days 1,567 sqft
    2018-12-01 0 days 1,578 sqft
    2019-01-01 0 days 1,620 sqft
    2019-02-01 0 days 1,600 sqft
    2019-03-01 0 days 1,594 sqft
    2019-04-01 0 days 1,592 sqft
    2019-05-01 0 days 1,594 sqft
    2019-06-01 0 days 1,668 sqft
    2019-07-01 0 days 1,680 sqft
    2019-08-01 0 days 1,684 sqft
    2019-09-01 0 days 1,682 sqft
    2019-10-01 0 days 1,680 sqft
    2019-11-01 0 days 1,630 sqft
    2019-12-01 0 days 1,599 sqft
    2020-01-01 0 days 1,600 sqft
    2020-02-01 0 days 1,630 sqft
    2020-03-01 0 days 1,557 sqft
    2020-04-01 0 days 1,594 sqft
    2020-05-01 0 days 1,640 sqft
    2020-06-01 0 days 1,735 sqft
    2020-07-01 0 days 1,663 sqft
    2020-08-01 0 days 1,693 sqft
    2020-09-01 0 days 1,631 sqft
    2020-10-01 0 days 1,638 sqft
    2020-11-01 0 days 1,606 sqft
    2020-12-01 0 days 1,596 sqft
    2021-01-01 0 days 1,543 sqft
    2021-02-01 0 days 1,466 sqft
    2021-03-01 0 days 1,480 sqft
    2021-04-01 0 days 1,610 sqft
    2021-05-01 0 days 1,648 sqft
    2021-06-01 0 days 1,721 sqft
    2021-07-01 0 days 1,705 sqft
    2021-08-01 0 days 1,677 sqft
    2021-09-01 0 days 1,788 sqft
    2021-10-01 0 days 1,807 sqft
    2021-11-01 0 days 1,826 sqft
    2021-12-01 0 days 1,770 sqft
    2022-01-01 0 days 1,747 sqft
    2022-02-01 0 days 1,831 sqft
    2022-03-01 0 days 1,672 sqft
    2022-04-01 0 days 1,800 sqft
    2022-05-01 0 days 1,855 sqft
    2022-06-01 0 days 1,844 sqft
    2022-07-01 0 days 1,888 sqft
    2022-08-01 0 days 1,838 sqft
    2022-09-01 0 days 1,790 sqft
    2022-10-01 0 days 1,822 sqft
    2022-11-01 0 days 1,772 sqft
    2022-12-01 0 days 1,826 sqft
    2023-01-01 0 days 1,920 sqft
    2023-02-01 0 days 1,926 sqft
    2023-03-01 0 days 1,821 sqft
    2023-04-01 0 days 1,992 sqft
    2023-05-01 0 days 1,972 sqft
    2023-06-01 0 days 1,998 sqft
    2023-07-01 0 days 2,022 sqft
    2023-08-01 0 days 1,822 sqft
    2023-09-01 0 days 1,758 sqft
    2023-10-01 0 days 1,689 sqft
    2023-11-01 0 days 1,712 sqft
    2023-12-01 0 days 1,728 sqft
    2024-01-01 0 days 1,663 sqft
    2024-02-01 0 days 1,676 sqft
    2024-03-01 0 days 1,663 sqft
    2024-04-01 0 days 1,506 sqft
    2024-05-01 0 days 1,835 sqft
    2024-06-01 0 days 1,732 sqft
    2024-07-01 0 days 1,732 sqft
    2024-08-01 0 days 1,680 sqft
    2024-09-01 0 days 1,834 sqft
    2024-10-01 0 days 1,809 sqft
    Point Pleasant's median listing age (time on market) for 2024-10-01 was 0 days.

    Point Pleasant's median square footage for active listings during the 2024-10-01 period was 1,809 sqft. One year prior, the average listing was 1,689 sqft.