Weirton USDA Loan Rates, Closing Costs & Stats

WEIRTON-STEUBENVILLE, WV-OH

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.

Weirton's 12 lenders originated 45 USDA loans during 2023. The total origination value was $6,005,000, with an average USDA loan value of $133,444.

Weirton USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Weirton averaged -0.26% for the week of 2024-11-29, compared to the national average (all USDA variants) of 0% for the same period.

Weirton's average USDA mortgage closing costs are $4,357.

The average rate for the prior week (2024-11-22) was 6.44% and one month ago for the week of 2024-10-25, the average rate was 6.24%.

The average rate one year ago was 7.04%.

For refis of the same type during the week of 2024-11-29, the average rate was 0.46%.

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

Weirton 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 Weirton level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
POLARIS HOME FUNDING CORP. 11 6.95% $5,888
U.S. Bank 7 7.00% $4,735
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 6.92% $6,078
WesBanco 5 6.03% $4,910
UNION HOME MORTGAGE CORP. 4 6.84% $4,931
CROSSCOUNTRY MORTGAGE, LLC 4 6.98% $6,285
MID AMERICA MORTGAGE, INC. 2 6.63% $6,978
STOCKTON MORTGAGE CORPORATION 1 6.25% $6,811
The Huntington National Bank 1 5.88% $6,905
Bank of England 1 6.25% $6,769
LIBERTY HOME MORTGAGE CORPORATION 1 7.13% $2,692
DAS Acquisition Company, LLC 1 7.25% $8,195

The top Weirton USDA lender as defined by loan originations is POLARIS HOME FUNDING CORP., with 11 USDA loans originated. Their average total fees are $5,888, which is $1,152 higher than the next largest lender, U.S. Bank.

The lowest fee Weirton USDA lenders (with over 10 loans originated) are POLARIS HOME FUNDING CORP. ($5,888), .

The lowest rate Weirton USDA lenders (with over 10 loans originated) are POLARIS HOME FUNDING CORP. (6.95%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Weirton (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 $88,625 (14.4%) $114,147 (3.9%) 0.00 351
2018-02-01 $84,950 (8.6%) $111,170 (2.7%) 0.00 341
2018-03-01 $84,500 (5.0%) $114,893 (3.9%) 0.00 334
2018-04-01 $80,975 (-4.6%) $113,353 (2.2%) 0.00 324
2018-05-01 $81,350 (1.8%) $116,629 (6.7%) 0.00 313
2018-06-01 $80,000 (0.1%) $120,042 (8.7%) 0.00 330
2018-07-01 $89,000 (11.4%) $123,008 (12.0%) 0.00 359
2018-08-01 $93,925 (14.4%) $124,930 (11.1%) 0.00 365
2018-09-01 $95,000 (13.2%) $123,879 (13.7%) 0.00 334
2018-10-01 $91,975 (5.7%) $125,338 (12.0%) 0.00 323
2018-11-01 $88,900 (-1.1%) $125,113 (5.8%) 0.00 324
2018-12-01 $89,850 (-0.1%) $124,520 (5.2%) 0.00 312
2019-01-01 $89,900 (1.4%) $128,283 (12.4%) 0.00 279
2019-02-01 $92,861 (9.3%) $125,073 (12.5%) 0.00 261
2019-03-01 $93,877 (11.1%) $125,783 (9.5%) 0.00 254
2019-04-01 $96,325 (19.0%) $127,547 (12.5%) 0.00 268
2019-05-01 $98,175 (20.7%) $127,719 (9.5%) 0.00 295
2019-06-01 $98,900 (23.6%) $128,022 (6.7%) 0.00 304
2019-07-01 $95,500 (7.3%) $127,499 (3.7%) 0.00 313
2019-08-01 $96,891 (3.2%) $128,946 (3.2%) 0.00 328
2019-09-01 $99,877 (5.1%) $131,428 (6.1%) 0.00 332
2019-10-01 $101,868 (10.8%) $133,083 (6.2%) 0.00 335
2019-11-01 $99,700 (12.2%) $128,404 (2.6%) 0.00 305
2019-12-01 $96,825 (7.8%) $124,063 (-0.4%) 0.00 289
2020-01-01 $91,600 (1.9%) $123,104 (-4.0%) 0.00 295
2020-02-01 $94,750 (2.0%) $125,644 (0.5%) 0.00 284
2020-03-01 $90,800 (-3.3%) $123,305 (-2.0%) 0.00 269
2020-04-01 $96,600 (0.3%) $126,728 (-0.6%) 0.00 259
2020-05-01 $89,950 (-8.4%) $127,343 (-0.3%) 0.00 221
2020-06-01 $96,625 (-2.3%) $138,612 (8.3%) 0.00 209
2020-07-01 $101,175 (5.9%) $139,647 (9.5%) 0.00 208
2020-08-01 $109,900 (13.4%) $137,219 (6.4%) 0.00 220
2020-09-01 $109,925 (10.1%) $140,562 (7.0%) 0.00 226
2020-10-01 $115,000 (12.9%) $144,272 (8.4%) 0.00 220
2020-11-01 $115,000 (15.4%) $139,760 (8.8%) 0.00 239
2020-12-01 $119,450 (23.4%) $139,420 (12.4%) 0.00 221
2021-01-01 $109,900 (20.0%) $132,958 (8.0%) 0.00 204
2021-02-01 $99,550 (5.1%) $131,592 (4.7%) 0.00 175
2021-03-01 $119,950 (32.1%) $139,637 (13.3%) 0.00 163
2021-04-01 $127,400 (31.9%) $149,497 (18.0%) 0.00 132
2021-05-01 $134,900 (50.0%) $160,444 (26.0%) 0.00 134
2021-06-01 $139,900 (44.8%) $163,200 (17.7%) 0.00 148
2021-07-01 $138,000 (36.4%) $154,638 (10.7%) 0.00 162
2021-08-01 $129,900 (18.2%) $161,479 (17.7%) 0.00 177
2021-09-01 $125,250 (13.9%) $171,819 (22.2%) 0.00 190
2021-10-01 $135,000 (17.4%) $157,988 (9.5%) 0.00 211
2021-11-01 $136,700 (18.9%) $166,294 (19.0%) 0.00 197
2021-12-01 $132,450 (10.9%) $173,971 (24.8%) 0.00 181
2022-01-01 $132,900 (20.9%) $183,624 (38.1%) 0.00 164
2022-02-01 $130,950 (31.5%) $181,675 (38.1%) 0.00 147
2022-03-01 $124,675 (3.9%) $185,171 (32.6%) 0.00 141
2022-04-01 $125,000 (-1.9%) $185,892 (24.3%) 0.00 143
2022-05-01 $144,950 (7.5%) $205,384 (28.0%) 0.00 139
2022-06-01 $147,950 (5.8%) $203,815 (24.9%) 0.00 156
2022-07-01 $150,000 (8.7%) $204,848 (32.5%) 0.00 178
2022-08-01 $161,200 (24.1%) $211,382 (30.9%) 0.00 199
2022-09-01 $151,000 (20.6%) $208,000 (21.1%) 0.00 206
2022-10-01 $134,700 (-0.2%) $197,478 (25.0%) 0.00 193
2022-11-01 $139,917 (2.4%) $191,089 (14.9%) 0.00 200
2022-12-01 $126,950 (-4.2%) $184,227 (5.9%) 0.00 216
2023-01-01 $120,700 (-9.2%) $169,251 (-7.8%) 0.00 201
2023-02-01 $112,200 (-14.3%) $182,913 (0.7%) 0.00 171
2023-03-01 $109,900 (-11.9%) $185,564 (0.2%) 0.00 165
2023-04-01 $124,450 (-0.4%) $196,981 (6.0%) 0.00 182
2023-05-01 $109,900 (-24.2%) $183,069 (-10.9%) 0.00 198
2023-06-01 $118,500 (-19.9%) $177,849 (-12.7%) 0.00 200
2023-07-01 $121,250 (-19.2%) $189,525 (-7.5%) 0.00 214
2023-08-01 $139,750 (-13.3%) $196,822 (-6.9%) 0.00 220
2023-09-01 $154,000 (2.0%) $198,717 (-4.5%) 0.00 213
2023-10-01 $155,950 (15.8%) $201,713 (2.1%) 0.00 223
2023-11-01 $149,950 (7.2%) $197,674 (3.5%) 0.00 229
2023-12-01 $149,900 (18.1%) $189,339 (2.8%) 0.00 221
2024-01-01 $149,600 (23.9%) $190,383 (12.5%) 0.00 213
2024-02-01 $150,000 (33.7%) $198,056 (8.3%) 0.00 206
2024-03-01 $149,450 (36.0%) $192,686 (3.8%) 0.00 198
2024-04-01 $150,000 (20.5%) $194,516 (-1.3%) 0.00 196
2024-05-01 $159,000 (44.7%) $197,587 (7.9%) 0.00 202
2024-06-01 $159,900 (34.9%) $200,233 (12.6%) 0.00 222
2024-07-01 $162,400 (33.9%) $200,737 (5.9%) 0.00 223
2024-08-01 $159,000 (13.8%) $197,555 (0.4%) 0.00 244
2024-09-01 $159,925 (3.9%) $204,507 (2.9%) 0.00 257
2024-10-01 $163,000 (4.5%) $208,998 (3.6%) 0.00 254
Weirton's median listing price for 2024-10-01 was $163,000, a difference of $7,050 (4.5%) versus the prior year and $3,075 versus the prior month.

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

Weirton's average listing price for 2024-10-01 was $208,998, a difference of $7,285 (3.6%) versus the prior year and $4,491 versus the prior month.

For the 2024-10-01 period, Weirton had 254 MLS listings, a difference of -3 listings (-1%) versus the prior month and 31 listings (14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Weirton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,347 sqft
2018-02-01 0 days 1,362 sqft
2018-03-01 0 days 1,366 sqft
2018-04-01 0 days 1,379 sqft
2018-05-01 0 days 1,369 sqft
2018-06-01 0 days 1,392 sqft
2018-07-01 0 days 1,533 sqft
2018-08-01 0 days 1,567 sqft
2018-09-01 0 days 1,577 sqft
2018-10-01 0 days 1,597 sqft
2018-11-01 0 days 1,571 sqft
2018-12-01 0 days 1,560 sqft
2019-01-01 0 days 1,577 sqft
2019-02-01 0 days 1,511 sqft
2019-03-01 0 days 1,520 sqft
2019-04-01 0 days 1,519 sqft
2019-05-01 0 days 1,409 sqft
2019-06-01 0 days 1,372 sqft
2019-07-01 0 days 1,427 sqft
2019-08-01 0 days 1,457 sqft
2019-09-01 0 days 1,503 sqft
2019-10-01 0 days 1,532 sqft
2019-11-01 0 days 1,508 sqft
2019-12-01 0 days 1,500 sqft
2020-01-01 0 days 1,497 sqft
2020-02-01 0 days 1,503 sqft
2020-03-01 0 days 1,472 sqft
2020-04-01 0 days 1,492 sqft
2020-05-01 0 days 1,490 sqft
2020-06-01 0 days 1,501 sqft
2020-07-01 0 days 1,524 sqft
2020-08-01 0 days 1,488 sqft
2020-09-01 0 days 1,488 sqft
2020-10-01 0 days 1,489 sqft
2020-11-01 0 days 1,457 sqft
2020-12-01 0 days 1,482 sqft
2021-01-01 0 days 1,500 sqft
2021-02-01 0 days 1,440 sqft
2021-03-01 0 days 1,454 sqft
2021-04-01 0 days 1,492 sqft
2021-05-01 0 days 1,523 sqft
2021-06-01 0 days 1,558 sqft
2021-07-01 0 days 1,564 sqft
2021-08-01 0 days 1,564 sqft
2021-09-01 0 days 1,559 sqft
2021-10-01 0 days 1,560 sqft
2021-11-01 0 days 1,531 sqft
2021-12-01 0 days 1,550 sqft
2022-01-01 0 days 1,521 sqft
2022-02-01 0 days 1,530 sqft
2022-03-01 0 days 1,485 sqft
2022-04-01 0 days 1,480 sqft
2022-05-01 0 days 1,511 sqft
2022-06-01 0 days 1,521 sqft
2022-07-01 0 days 1,530 sqft
2022-08-01 0 days 1,520 sqft
2022-09-01 0 days 1,506 sqft
2022-10-01 0 days 1,520 sqft
2022-11-01 0 days 1,574 sqft
2022-12-01 0 days 1,495 sqft
2023-01-01 0 days 1,451 sqft
2023-02-01 0 days 1,490 sqft
2023-03-01 0 days 1,512 sqft
2023-04-01 0 days 1,520 sqft
2023-05-01 0 days 1,530 sqft
2023-06-01 0 days 1,523 sqft
2023-07-01 0 days 1,563 sqft
2023-08-01 0 days 1,607 sqft
2023-09-01 0 days 1,643 sqft
2023-10-01 0 days 1,611 sqft
2023-11-01 0 days 1,582 sqft
2023-12-01 0 days 1,524 sqft
2024-01-01 0 days 1,573 sqft
2024-02-01 0 days 1,600 sqft
2024-03-01 0 days 1,563 sqft
2024-04-01 0 days 1,533 sqft
2024-05-01 0 days 1,536 sqft
2024-06-01 0 days 1,593 sqft
2024-07-01 0 days 1,596 sqft
2024-08-01 0 days 1,596 sqft
2024-09-01 0 days 1,633 sqft
2024-10-01 0 days 1,673 sqft
Weirton's median listing age (time on market) for 2024-10-01 was 0 days.

Weirton's median square footage for active listings during the 2024-10-01 period was 1,673 sqft. One year prior, the average listing was 1,611 sqft.