Weirton USDA Loan Rates, Closing Costs & Stats

WEIRTON-STEUBENVILLE, 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.

    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 6.8% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.65% and one month ago for the week of 2024-03-15, the average rate was 6.64%.

    The average rate one year ago was 6.08%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.12%.

    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
    Weirton's median listing price for 2024-03-01 was $149,450, a difference of $39,550 (36.0%) versus the prior year and $-550 versus the prior month.

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

    Weirton's average listing price for 2024-03-01 was $192,686, a difference of $7,122 (3.8%) versus the prior year and $-5,370 versus the prior month.

    For the 2024-03-01 period, Weirton had 198 MLS listings, a difference of -8 listings (-4%) versus the prior month and 33 listings (20%) 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 1,603 sqft
    2024-03-01 0 days 1,563 sqft
    Weirton's median listing age (time on market) for 2024-03-01 was 0 days.

    Weirton's median square footage for active listings during the 2024-03-01 period was 1,563 sqft. One year prior, the average listing was 1,512 sqft.