ALTOONA Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Altoona averaged 6.48% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.59% and one month ago for the week of 2024-10-10, the average rate was 6.02%.

    Altoona's average rate one year ago was 7.5%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.68%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Altoona 30 Year Fixed Rate 2024-11-14 6.48%
    Altoona 30 Year Fixed Rate Refi 2024-11-14 6.68%
    Altoona 15 Year Fixed Rate 2024-11-14 5.99%
    Altoona 15 Year Fixed Rate Refi 2024-11-14 5.99%
    Altoona 30 Year FHA 2024-11-14 -0.17%
    Altoona 30 Year FHA Refi 2024-11-14 -0.1%
    Altoona 30 Year USDA 2024-11-14 0.1%
    Altoona 30 Year USDA Refi 2024-11-14 -0.2%
    Altoona 30 Year VA 2024-11-14 -0.12%
    Altoona 30 Year VA Refi 2024-11-14 0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ALTOONA, PA.

    ALTOONA 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 ALTOONA, PA 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Flagstar Bank, FSB 50 6.88% $4,603
    EQUITY RESOURCES, INC. 47 6.57% $4,489
    Reliance Savings Bank 42 6.64% $3,784
    Citizens Bank 38 6.23% $6,033
    QUICKEN LOANS, LLC 33 6.92% $5,965
    First Commonwealth Bank 31 6.65% $4,910
    NORWICH COMMERCIAL GROUP, INC. 24 6.63% $6,916
    AmeriHome Mortgage Company, LLC 21 6.39% $4,348
    First National Bank of Pennsylvania 19 6.81% $4,595
    ARC HOME LLC 19 6.55% $4,554
    Jersey Shore State Bank 15 6.37% $4,087
    UNITED WHOLESALE MORTGAGE, LLC 13 7.05% $5,649
    S&T Bank 13 6.18% $3,478
    PENNSYLVANIA STATE EMPLOYEES Credit Union 13 6.26% $2,442
    M&T Bank 10 6.65% $4,464
    CROSSCOUNTRY MORTGAGE, LLC 9 7.00% $5,568
    Kish Bank 8 6.97% $3,827
    PNC Bank 5 6.40% $4,911
    PENNYMAC LOAN SERVICES, LLC 3 6.29% $4,836
    Mortgage Research Center, LLC 3 6.92% $1,549
    Wells Fargo Bank 3 6.96% $7,101
    NAVY FEDERAL CREDIT UNION 3 7.29% $2,799
    U.S. Bank 3 6.58% $2,742
    UNION HOME MORTGAGE CORP. 3 6.67% $3,865
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.21% $6,239
    Atlantic Coast Mortgage, LLC 2 7.13% $4,351
    AmeriServ Financial Bank 2 5.81% $2,911
    CMG MORTGAGE, INC. 2 8.19% $4,146
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.81% $4,136
    Fulton Bank 2 6.75% $4,204
    GUARANTEED RATE, INC. 2 6.60% $3,142
    Mr. Cooper ( Nationstar Mortgage ) 2 6.88% $7,277
    Northwest Bank 2 6.25% $4,611
    SOMERSET TRUST COMPANY 2 7.38% $3,549
    The Huntington National Bank 2 6.75% $4,201
    The Loan Store, Inc. 2 7.38% $7,839
    USAA Federal Savings Bank 2 7.44% $3,451
    EMM LOANS LLC 1 6.25% $5,516
    LOANDEPOT.COM, LLC 1 7.50% $6,535
    MEMBERS 1ST FEDERAL CREDIT UNION 1 7.13% $5,357
    DRAPER AND KRAMER MORTGAGE CORP. 1 7.00% $5,732
    MOVEMENT MORTGAGE, LLC 1 6.81% $4,916
    AMERISAVE MORTGAGE CORPORATION 1 5.88% $6,657
    Dollar Bank, Federal Savings Bank 1 7.00% $5,145
    Discover Bank 1 8.49% $0
    NEWREZ LLC 1 6.99% $4,035
    AMERICAN HERITAGE LENDING, INC. 1 8.88% $10,764
    Community State Bank of Orbisonia 1 5.55% $2,712
    PATRIOT 1 6.25% $3,076
    CNB Bank 1 8.75% $3,065
    Clearview Federal Credit Union 1 6.24% $3,769
    PLAZA HOME MORTGAGE, INC. 1 6.50% $7,096
    CHURCHILL MORTGAGE CORPORATION 1 6.88% $3,818
    CALCON MUTUAL MORTGAGE LLC 1 6.38% $6,293
    Princeton Mortgage Corporation 1 6.75% $5,097
    BROKER SOLUTIONS, INC. 1 8.13% $11,988
    1st Summit Bank 1 6.24% $3,371
    ROYAL UNITED MORTGAGE LLC 1 6.00% $6,893
    Univest Bank and Trust Co. 1 7.63% $3,087
    ARC Federal Credit Union 1 7.20% $3,003
    Stifel Bank and Trust 1 5.63% $3,679
    STOCKTON MORTGAGE CORPORATION 1 6.25% $4,651
    TD Bank 1 5.50% $7,014
    ABSOLUTE HOME MORTGAGE CORPORATION 1 5.99% $4,195
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 7.50% $4,805
    FREEDOM MORTGAGE CORPORATION 1 6.25% $7,051
    Truist 1 8.63% $5,497
    GSF Mortgage Corporation 1 6.63% $6,923
    UIF CORPORATION 1 6.99% $7,770
    InFirst Bank 1 5.75% $3,746
    First Savings Bank 1 6.88% $5,000
    Kearny Bank 1 6.50% $3,918
    KeyBank 1 5.75% $7,125

    ALTOONA Average Closing Costs & Other Stats

    ALTOONA, PA's 73 lenders originated 2,007 loans during 2023. The total origination value was $248,585,000, with an average loan value of $123,859.

    ALTOONA's average closing costs are $4,872.

    The top ALTOONA lender as defined by loan originations is Flagstar Bank, FSB, with 50 loans originated. Their average total fees are $4,603, which is $114 higher than the next largest lender, EQUITY RESOURCES, INC..

    The lowest fee ALTOONA lenders (with over 10 loans originated) are PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,442), S&T Bank ($3,478), Reliance Savings Bank ($3,784), Jersey Shore State Bank ($4,087) and AmeriHome Mortgage Company, LLC ($4,348).

    The lowest rate ALTOONA lenders (with over 10 loans originated) are S&T Bank (6.18%), Citizens Bank (6.23%), PENNSYLVANIA STATE EMPLOYEES Credit Union (6.26%), Jersey Shore State Bank (6.37%) and AmeriHome Mortgage Company, LLC (6.39%).

    ALTOONA, PA 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Reliance Savings Bank $37,130,000 $21,150,000 -43.0% 8.5%
    Flagstar Bank, FSB $26,185,000 $16,725,000 -36.1% 6.7%
    Citizens Bank $20,980,000 $15,095,000 -28.1% 6.1%
    First National Bank of Pennsylvania $30,670,000 $14,890,000 -51.5% 6.0%
    First Commonwealth Bank $22,495,000 $13,420,000 -40.3% 5.4%
    EQUITY RESOURCES, INC. $13,055,000 $12,845,000 -1.6% 5.2%
    S&T Bank $9,145,000 $12,500,000 36.7% 5.0%
    Altoona First Savings Bank $15,705,000 $12,010,000 -23.5% 4.8%
    QUICKEN LOANS, LLC $22,955,000 $10,655,000 -53.6% 4.3%
    Jersey Shore State Bank $15,340,000 $9,795,000 -36.1% 3.9%
    M&T Bank $51,180,000 $7,845,000 -84.7% 3.2%
    PENNSYLVANIA STATE EMPLOYEES Credit Union $6,580,000 $5,945,000 -9.7% 2.4%
    NORWICH COMMERCIAL GROUP, INC. $8,040,000 $5,755,000 -28.4% 2.3%
    PennCrest Bank $8,275,000 $4,820,000 -41.8% 1.9%
    INVESTMENT SAVINGS BANK $10,195,000 $4,690,000 -54.0% 1.9%
    ARC HOME LLC $6,600,000 $4,550,000 -31.1% 1.8%
    Mortgage Research Center, LLC $7,810,000 $4,075,000 -47.8% 1.6%
    UNITED WHOLESALE MORTGAGE, LLC $2,405,000 $3,960,000 64.7% 1.6%
    AmeriHome Mortgage Company, LLC $1,020,000 $3,830,000 275.5% 1.5%
    CROSSCOUNTRY MORTGAGE, LLC $735,000 $3,795,000 416.3% 1.5%
    ARC Federal Credit Union $9,450,000 $3,550,000 -62.4% 1.4%
    Kish Bank $1,560,000 $3,065,000 96.5% 1.2%
    Hometown Bank of Pennsylvania $4,895,000 $2,855,000 -41.7% 1.1%
    PENNYMAC LOAN SERVICES, LLC $1,415,000 $2,150,000 51.9% 0.9%
    UNION HOME MORTGAGE CORP. $3,445,000 $1,965,000 -43.0% 0.8%
    CNB Bank $6,750,000 $1,805,000 -73.3% 0.7%
    FREEDOM MORTGAGE CORPORATION $2,540,000 $1,765,000 -30.5% 0.7%
    SOMERSET TRUST COMPANY $170,000 $1,595,000 838.2% 0.6%
    PNC Bank $955,000 $1,480,000 55.0% 0.6%
    NAVY FEDERAL CREDIT UNION $2,760,000 $1,465,000 -46.9% 0.6%
    EMM LOANS LLC $1,925,000 $1,350,000 -29.9% 0.5%
    AmeriServ Financial Bank $1,860,000 $1,310,000 -29.6% 0.5%
    Blair County FCU $1,295,000 n/a 0.5%
    NEW DAY FINANCIAL, LLC $1,280,000 $1,225,000 -4.3% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,540,000 $1,170,000 -53.9% 0.5%
    Wells Fargo Bank $3,280,000 $1,100,000 -66.5% 0.4%
    NEWREZ LLC $815,000 $1,090,000 33.7% 0.4%
    1st Summit Bank $5,715,000 $995,000 -82.6% 0.4%
    USAA Federal Savings Bank $765,000 $895,000 17.0% 0.4%
    Carrington Mortgage Services, LLC $445,000 $885,000 98.9% 0.4%
    GUILD MORTGAGE COMPANY $875,000 n/a 0.4%
    Community State Bank of Orbisonia $640,000 $805,000 25.8% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,145,000 $725,000 -36.7% 0.3%
    LOANDEPOT.COM, LLC $980,000 $715,000 -27.0% 0.3%
    MidAtlantic Farm Credit, ACA $1,450,000 $685,000 -52.8% 0.3%
    UIF CORPORATION $665,000 n/a 0.3%
    Northwest Bank $490,000 $625,000 27.6% 0.3%
    KeyBank $615,000 n/a 0.2%
    The Huntington National Bank $65,000 $615,000 846.2% 0.2%
    U.S. Bank $3,625,000 $615,000 -83.0% 0.2%
    BROKER SOLUTIONS, INC. $365,000 $600,000 64.4% 0.2%
    MEMBERS 1ST FEDERAL CREDIT UNION $115,000 $580,000 404.3% 0.2%
    AMERISAVE MORTGAGE CORPORATION $1,835,000 $530,000 -71.1% 0.2%
    Paramount Residential Mortgage Group, Inc. $4,265,000 $495,000 -88.4% 0.2%
    TD Bank $540,000 $485,000 -10.2% 0.2%
    UTILITIES EMPLOYEES CREDIT UNION $275,000 $485,000 76.4% 0.2%
    Equity Prime Mortgage LLC $210,000 $465,000 121.4% 0.2%
    Fulton Bank $150,000 $460,000 206.7% 0.2%
    Princeton Mortgage Corporation $520,000 $450,000 -13.5% 0.2%
    TIDEWATER MORTGAGE SERVICES, INC. $430,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $355,000 $420,000 18.3% 0.2%
    PENTAGON FEDERAL CREDIT UNION $420,000 n/a 0.2%
    Century Mortgage Company DBA Century Lending Company $505,000 $370,000 -26.7% 0.1%
    The Loan Store, Inc. $370,000 n/a 0.1%
    MOVEMENT MORTGAGE, LLC $475,000 $345,000 -27.4% 0.1%
    EVERETT FINANCIAL, INC. $340,000 n/a 0.1%
    STOCKTON MORTGAGE CORPORATION $340,000 n/a 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $2,425,000 $335,000 -86.2% 0.1%
    Slovenian Savings & Loan Association of Franklin-Conemaugh $330,000 n/a 0.1%
    Discover Bank $160,000 $325,000 103.1% 0.1%
    Mid Penn Bank $160,000 $325,000 103.1% 0.1%
    ROYAL UNITED MORTGAGE LLC $365,000 $310,000 -15.1% 0.1%
    CMG MORTGAGE, INC. $300,000 n/a 0.1%
    AMERICAN HERITAGE LENDING, INC. $115,000 $295,000 156.5% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $165,000 $285,000 72.7% 0.1%
    GSF Mortgage Corporation $285,000 n/a 0.1%
    Peoples Security Bank and Trust Company $285,000 n/a 0.1%
    AMWEST FUNDING CORP. $325,000 $280,000 -13.8% 0.1%
    GUARANTEED RATE, INC. $480,000 $280,000 -41.7% 0.1%
    NFM, INC. $275,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $160,000 $270,000 68.8% 0.1%
    CARDINAL FINANCIAL $630,000 $265,000 -57.9% 0.1%
    InFirst Bank $255,000 n/a 0.1%
    Atlantic Coast Mortgage, LLC $250,000 n/a 0.1%
    Coastal Community Bank $245,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $370,000 $245,000 -33.8% 0.1%
    First Federal Bank $345,000 $235,000 -31.9% 0.1%
    FRANKLIN MINT $225,000 n/a 0.1%
    Clearview Federal Credit Union $120,000 $200,000 66.7% 0.1%
    Stifel Bank and Trust $145,000 $195,000 34.5% 0.1%
    ABSOLUTE HOME MORTGAGE CORPORATION $175,000 n/a 0.1%
    OCEANSIDE MORTGAGE COMPANY $175,000 n/a 0.1%
    TOWN AND COUNTRY Credit Union $175,000 n/a 0.1%
    Bank of America $820,000 $165,000 -79.9% 0.1%
    Barrington Bank & Trust Company, N.A. $145,000 $165,000 13.8% 0.1%
    Kearny Bank $165,000 n/a 0.1%
    Truist $265,000 $160,000 -39.6% 0.1%
    CALCON MUTUAL MORTGAGE LLC $155,000 n/a 0.1%
    Fifth Third Bank $95,000 $155,000 63.2% 0.1%
    Univest Bank and Trust Co. $155,000 n/a 0.1%
    AFFORDABLE MORTGAGE ADVISORS, LLC. $145,000 $145,000 0.0% 0.1%
    Bank of Bird-in-Hand $135,000 n/a 0.1%
    Dollar Bank, Federal Savings Bank $45,000 $135,000 200.0% 0.1%
    MEMBER FIRST MORTGAGE, LLC $135,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $125,000 n/a 0.1%
    LOANPAL, LLC $235,000 $125,000 -46.8% 0.1%
    Peoples Bank $125,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $125,000 n/a 0.1%
    First Savings Bank $145,000 $115,000 -20.7% 0.0%
    VILLAGE CAPITAL MORTGAGE $95,000 $115,000 21.1% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $250,000 $110,000 -56.0% 0.0%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $105,000 n/a 0.0%
    Northpointe Bank $540,000 $105,000 -80.6% 0.0%
    PLAZA HOME MORTGAGE, INC. $105,000 n/a 0.0%
    THRIVENT Federal Credit Union $105,000 n/a 0.0%
    FIRST HERITAGE FINANCIAL, LLC $755,000 $95,000 -87.4% 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $95,000 n/a 0.0%
    CHURCHILL MORTGAGE CORPORATION $115,000 $85,000 -26.1% 0.0%
    DOMINION FINANCIAL SERVICES, LLC $85,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $85,000 n/a 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $370,000 $85,000 -77.0% 0.0%
    Northwest Federal Credit Union $85,000 n/a 0.0%
    PLANET HOME LENDING, LLC $295,000 $85,000 -71.2% 0.0%
    Figure Lending LLC $90,000 $80,000 -11.1% 0.0%
    Ally Bank $265,000 $75,000 -71.7% 0.0%
    PATRIOT $75,000 n/a 0.0%
    FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION $65,000 n/a 0.0%
    JPMorgan Chase Bank $1,235,000 $65,000 -94.7% 0.0%
    American Airlines Federal Credit Union $55,000 n/a 0.0%
    Bethpage Federal Credit Union $55,000 n/a 0.0%
    CORNING $55,000 n/a 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $105,000 $55,000 -47.6% 0.0%
    GEORGIA'S OWN $55,000 n/a 0.0%
    SPRING EQ, LLC $45,000 $45,000 0.0% 0.0%
    Lakeview Community Capital, LLC $45,000 $25,000 -44.4% 0.0%

    ALTOONA's top lender by overall market share is Reliance Savings Bank, with 8.5% market share. In second place, with 6.7%, is Flagstar Bank, FSB, having originated $16,725,000 in loans. In third place, with 6.1%, is Citizens Bank, having originated $15,095,000 in loans. In fourth place, with 6.0%, is First National Bank of Pennsylvania, having originated $14,890,000 in loans. In fifth place, with 5.4%, is First Commonwealth Bank, having originated $13,420,000 in loans.

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

    Realtor.com - ALTOONA (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 $138,650 (22.8%) $200,003 (15.0%) 0.00 335
    2018-02-01 $134,975 (18.7%) $195,581 (12.4%) 0.00 329
    2018-03-01 $132,500 (4.0%) $197,976 (2.5%) 0.00 322
    2018-04-01 $139,900 (11.9%) $201,666 (3.9%) 0.00 303
    2018-05-01 $139,913 (2.2%) $186,437 (-5.3%) 0.00 338
    2018-06-01 $139,900 (0.3%) $185,821 (-9.1%) 0.00 344
    2018-07-01 $139,250 (0.9%) $182,943 (-8.8%) 0.00 361
    2018-08-01 $137,975 (2.2%) $181,137 (-10.6%) 0.00 363
    2018-09-01 $135,000 (3.5%) $181,856 (-8.7%) 0.00 358
    2018-10-01 $129,950 (0.0%) $177,815 (-5.6%) 0.00 370
    2018-11-01 $129,000 (-0.7%) $170,331 (-6.6%) 0.00 367
    2018-12-01 $125,000 (-7.3%) $170,001 (-13.3%) 0.00 336
    2019-01-01 $126,950 (-8.4%) $173,359 (-13.3%) 0.00 315
    2019-02-01 $124,950 (-7.4%) $172,263 (-11.9%) 0.00 308
    2019-03-01 $128,386 (-3.1%) $171,556 (-13.4%) 0.00 306
    2019-04-01 $135,900 (-2.9%) $175,680 (-12.9%) 0.00 310
    2019-05-01 $132,250 (-5.5%) $177,192 (-5.0%) 0.00 335
    2019-06-01 $130,000 (-7.1%) $174,813 (-5.9%) 0.00 362
    2019-07-01 $129,975 (-6.7%) $173,932 (-4.9%) 0.00 381
    2019-08-01 $133,536 (-3.2%) $177,675 (-1.9%) 0.00 386
    2019-09-01 $131,491 (-2.6%) $176,154 (-3.1%) 0.00 395
    2019-10-01 $129,900 (0.0%) $176,122 (-1.0%) 0.00 399
    2019-11-01 $125,000 (-3.1%) $178,381 (4.7%) 0.00 376
    2019-12-01 $124,800 (-0.2%) $175,637 (3.3%) 0.00 369
    2020-01-01 $124,850 (-1.7%) $176,005 (1.5%) 0.00 348
    2020-02-01 $124,900 (0.0%) $174,930 (1.6%) 0.00 322
    2020-03-01 $124,988 (-2.7%) $178,294 (3.9%) 0.00 311
    2020-04-01 $129,925 (-4.4%) $186,222 (6.0%) 0.00 298
    2020-05-01 $139,500 (5.5%) $193,335 (9.1%) 0.00 299
    2020-06-01 $137,950 (6.1%) $185,654 (6.2%) 0.00 283
    2020-07-01 $149,700 (15.2%) $192,185 (10.5%) 0.00 263
    2020-08-01 $145,000 (8.6%) $195,195 (9.9%) 0.00 259
    2020-09-01 $142,225 (8.2%) $187,876 (6.7%) 0.00 250
    2020-10-01 $143,400 (10.4%) $187,753 (6.6%) 0.00 241
    2020-11-01 $144,925 (15.9%) $188,371 (5.6%) 0.00 203
    2020-12-01 $149,000 (19.4%) $197,992 (12.7%) 0.00 182
    2021-01-01 $145,900 (16.9%) $201,852 (14.7%) 0.00 180
    2021-02-01 $143,450 (14.9%) $186,804 (6.8%) 0.00 160
    2021-03-01 $148,450 (18.8%) $188,563 (5.8%) 0.00 140
    2021-04-01 $157,325 (21.1%) $195,161 (4.8%) 0.00 128
    2021-05-01 $149,900 (7.5%) $190,886 (-1.3%) 0.00 120
    2021-06-01 $154,475 (12.0%) $195,612 (5.4%) 0.00 132
    2021-07-01 $150,000 (0.2%) $198,761 (3.4%) 0.00 148
    2021-08-01 $148,725 (2.6%) $189,136 (-3.1%) 0.00 160
    2021-09-01 $149,725 (5.3%) $186,075 (-1.0%) 0.00 164
    2021-10-01 $149,900 (4.5%) $191,407 (2.0%) 0.00 157
    2021-11-01 $151,150 (4.3%) $210,115 (11.5%) 0.00 148
    2021-12-01 $139,900 (-6.1%) $198,031 (0.0%) 0.00 140
    2022-01-01 $144,900 (-0.7%) $203,670 (0.9%) 0.00 121
    2022-02-01 $142,450 (-0.7%) $205,270 (9.9%) 0.00 113
    2022-03-01 $149,900 (1.0%) $211,307 (12.1%) 0.00 93
    2022-04-01 $149,450 (-5.0%) $216,883 (11.1%) 0.00 95
    2022-05-01 $144,450 (-3.6%) $198,000 (3.7%) 0.00 152
    2022-06-01 $146,500 (-5.2%) $188,963 (-3.4%) 0.00 166
    2022-07-01 $151,450 (1.0%) $197,442 (-0.7%) 0.00 178
    2022-08-01 $139,900 (-5.9%) $189,791 (0.4%) 0.00 168
    2022-09-01 $136,000 (-9.2%) $181,949 (-2.2%) 0.00 170
    2022-10-01 $139,900 (-6.7%) $183,506 (-4.1%) 0.00 165
    2022-11-01 $152,200 (0.7%) $186,488 (-11.2%) 0.00 160
    2022-12-01 $150,000 (7.2%) $188,659 (-4.7%) 0.00 163
    2023-01-01 $139,900 (-3.5%) $186,131 (-8.6%) 0.00 142
    2023-02-01 $139,500 (-2.1%) $177,003 (-13.8%) 0.00 147
    2023-03-01 $139,800 (-6.7%) $178,923 (-15.3%) 0.00 146
    2023-04-01 $139,700 (-6.5%) $180,783 (-16.6%) 0.00 143
    2023-05-01 $139,700 (-3.3%) $190,248 (-3.9%) 0.00 150
    2023-06-01 $135,370 (-7.6%) $195,490 (3.5%) 0.00 138
    2023-07-01 $160,000 (5.7%) $210,868 (6.8%) 0.00 149
    2023-08-01 $155,175 (10.9%) $206,996 (9.1%) 0.00 172
    2023-09-01 $139,900 (2.9%) $200,639 (10.3%) 0.00 178
    2023-10-01 $141,250 (1.0%) $199,844 (8.9%) 0.00 192
    2023-11-01 $142,125 (-6.6%) $186,770 (0.2%) 0.00 209
    2023-12-01 $136,000 (-9.3%) $182,411 (-3.3%) 0.00 200
    2024-01-01 $129,900 (-7.2%) $177,996 (-4.4%) 0.00 184
    2024-02-01 $129,950 (-6.9%) $181,864 (2.8%) 0.00 153
    2024-03-01 $144,900 (3.7%) $201,954 (12.9%) 0.00 160
    2024-04-01 $153,550 (9.9%) $202,372 (11.9%) 0.00 174
    2024-05-01 $141,250 (1.1%) $186,440 (-2.0%) 0.00 175
    2024-06-01 $140,000 (3.4%) $183,065 (-6.4%) 0.00 180
    2024-07-01 $142,250 (-11.1%) $179,385 (-14.9%) 0.00 206
    2024-08-01 $149,000 (-4.0%) $188,239 (-9.1%) 0.00 235
    2024-09-01 $146,500 (4.7%) $188,091 (-6.3%) 0.00 240
    2024-10-01 $146,500 (3.7%) $191,340 (-4.3%) 0.00 251
    ALTOONA's median listing price for 2024-10-01 was $146,500, a difference of $5,250 (3.7%) versus the prior year and $0 versus the prior month.

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

    ALTOONA's average listing price for 2024-10-01 was $191,340, a difference of $-8,504 (-4.3%) versus the prior year and $3,249 versus the prior month.

    For the 2024-10-01 period, ALTOONA had 251 MLS listings, a difference of 11 listings (5%) versus the prior month and 59 listings (31%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - ALTOONA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,948 sqft
    2018-02-01 0 days 1,882 sqft
    2018-03-01 0 days 1,820 sqft
    2018-04-01 0 days 1,821 sqft
    2018-05-01 0 days 1,760 sqft
    2018-06-01 0 days 1,820 sqft
    2018-07-01 0 days 1,751 sqft
    2018-08-01 0 days 1,716 sqft
    2018-09-01 0 days 1,768 sqft
    2018-10-01 0 days 1,744 sqft
    2018-11-01 0 days 1,690 sqft
    2018-12-01 0 days 1,700 sqft
    2019-01-01 0 days 1,700 sqft
    2019-02-01 0 days 1,705 sqft
    2019-03-01 0 days 1,736 sqft
    2019-04-01 0 days 1,759 sqft
    2019-05-01 0 days 1,806 sqft
    2019-06-01 0 days 1,766 sqft
    2019-07-01 0 days 1,795 sqft
    2019-08-01 0 days 1,822 sqft
    2019-09-01 0 days 1,794 sqft
    2019-10-01 0 days 1,760 sqft
    2019-11-01 0 days 1,805 sqft
    2019-12-01 0 days 1,800 sqft
    2020-01-01 0 days 1,783 sqft
    2020-02-01 0 days 1,795 sqft
    2020-03-01 0 days 1,767 sqft
    2020-04-01 0 days 1,748 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,785 sqft
    2020-07-01 0 days 1,867 sqft
    2020-08-01 0 days 1,838 sqft
    2020-09-01 0 days 1,747 sqft
    2020-10-01 0 days 1,736 sqft
    2020-11-01 0 days 1,658 sqft
    2020-12-01 0 days 1,688 sqft
    2021-01-01 0 days 1,708 sqft
    2021-02-01 0 days 1,803 sqft
    2021-03-01 0 days 1,788 sqft
    2021-04-01 0 days 1,800 sqft
    2021-05-01 0 days 1,770 sqft
    2021-06-01 0 days 1,784 sqft
    2021-07-01 0 days 1,829 sqft
    2021-08-01 0 days 1,773 sqft
    2021-09-01 0 days 1,782 sqft
    2021-10-01 0 days 1,750 sqft
    2021-11-01 0 days 1,810 sqft
    2021-12-01 0 days 1,794 sqft
    2022-01-01 0 days 1,784 sqft
    2022-02-01 0 days 1,779 sqft
    2022-03-01 0 days 1,775 sqft
    2022-04-01 0 days 1,788 sqft
    2022-05-01 0 days 1,788 sqft
    2022-06-01 0 days 1,789 sqft
    2022-07-01 0 days 1,784 sqft
    2022-08-01 0 days 1,792 sqft
    2022-09-01 0 days 1,784 sqft
    2022-10-01 0 days 1,720 sqft
    2022-11-01 0 days 1,677 sqft
    2022-12-01 0 days 1,680 sqft
    2023-01-01 0 days 1,686 sqft
    2023-02-01 0 days 1,683 sqft
    2023-03-01 0 days 1,686 sqft
    2023-04-01 0 days 1,692 sqft
    2023-05-01 0 days 1,700 sqft
    2023-06-01 0 days 1,687 sqft
    2023-07-01 0 days 1,733 sqft
    2023-08-01 0 days 1,717 sqft
    2023-09-01 0 days 1,686 sqft
    2023-10-01 0 days 1,618 sqft
    2023-11-01 0 days 1,609 sqft
    2023-12-01 0 days 1,679 sqft
    2024-01-01 0 days 1,677 sqft
    2024-02-01 0 days 1,680 sqft
    2024-03-01 0 days 1,654 sqft
    2024-04-01 0 days 1,656 sqft
    2024-05-01 0 days 1,645 sqft
    2024-06-01 0 days 1,600 sqft
    2024-07-01 0 days 1,616 sqft
    2024-08-01 0 days 1,632 sqft
    2024-09-01 0 days 1,684 sqft
    2024-10-01 0 days 1,653 sqft
    ALTOONA's median listing age (time on market) for 2024-10-01 was 0 days.

    ALTOONA's median square footage for active listings during the 2024-10-01 period was 1,653 sqft. One year prior, the average listing was 1,618 sqft.

    ALTOONA, PA Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    15946 Altoona, PA MSA $630 $640 $820 $1,050 $1,190
    16601 Altoona, PA MSA $590 $730 $880 $1,070 $1,190
    16602 Altoona, PA MSA $640 $780 $950 $1,160 $1,290
    16603 Altoona, PA MSA $620 $760 $920 $1,120 $1,250
    16611 Altoona, PA MSA $620 $760 $920 $1,120 $1,250
    16613 Altoona, PA MSA $640 $640 $820 $1,050 $1,200
    16617 Altoona, PA MSA $620 $760 $920 $1,120 $1,250
    16625 Altoona, PA MSA $620 $770 $930 $1,130 $1,260
    16629 Altoona, PA MSA $640 $640 $820 $1,060 $1,200
    16631 Altoona, PA MSA $650 $800 $970 $1,180 $1,320
    16635 Altoona, PA MSA $700 $860 $1,040 $1,270 $1,410
    16636 Altoona, PA MSA $910 $950 $1,200 $1,530 $1,730
    16637 Altoona, PA MSA $650 $800 $970 $1,180 $1,320
    16641 Altoona, PA MSA $670 $690 $880 $1,130 $1,280
    16648 Altoona, PA MSA $600 $730 $890 $1,080 $1,210
    16655 Altoona, PA MSA $600 $740 $900 $1,100 $1,220
    16662 Altoona, PA MSA $650 $800 $970 $1,180 $1,320
    16665 Altoona, PA MSA $610 $750 $910 $1,110 $1,230
    16673 Altoona, PA MSA $720 $890 $1,080 $1,310 $1,460
    16682 Altoona, PA MSA $620 $770 $930 $1,130 $1,260
    16684 Altoona, PA MSA $620 $760 $920 $1,120 $1,250
    16686 Altoona, PA MSA $940 $950 $1,100 $1,400 $1,480
    16693 Altoona, PA MSA $550 $680 $820 $1,000 $1,110
    16870 Altoona, PA MSA $940 $950 $1,100 $1,400 $1,480

    2022 Average & Median Rent Data Statistics
    ALTOONA, PA average 1BR rent: $775, median: $760
    ALTOONA, PA average 2BR rent: $944, median: $920
    ALTOONA, PA average 3BR rent: $1,167, median: $1,125

    ALTOONA, PA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,014 $168,060,000 $165,740
    Home Improvement 365 $23,335,000 $63,932
    Refi 251 $26,135,000 $104,124
    Other 238 $14,370,000 $60,378
    Cash Out Refi 139 $16,685,000 $120,036

    Altoona's most frequently cited loan purpose was Home Purchase, with 1,014 originations. The 2nd most popular reason was Home Improvement, with 365 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 743 $102,375,000 $137,786
    5-6% 378 $50,640,000 $133,968
    7-8% 352 $46,980,000 $133,466
    Over 8% 189 $14,205,000 $75,159
    4-5% 45 $4,075,000 $90,556
    3-4% 31 $2,175,000 $70,161
    <2.5% 21 $1,395,000 $66,429
    2.5-3% 6 $950,000 $158,333

    During 2023, Altoona's most frequently originated rate bucket was 6-7%, with 743 originations.

    Loan Sizing (ALTOONA, PA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 1,000 $52,950,000 $52,950
    $100k-200k 717 $101,795,000 $141,974
    $200k-400k 247 $64,455,000 $260,951
    $400k-600k 30 $13,910,000 $463,667
    $600k-1000k 10 $6,960,000 $696,000
    $Over $1MM 3 $8,515,000 $2,838,333

    ALTOONA's loan sizing saw the bucket of loans from $100,000 or less with 1,000 originations, totaling $52,950,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 691 $123,885,000 $179,284
    60-80% 344 $51,030,000 $148,343
    Under 20% 288 $9,850,000 $34,201
    20-40% 276 $19,270,000 $69,819
    40-60% 156 $16,400,000 $105,128
    Over 100% 11 $2,175,000 $197,727

    ALTOONA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 691 originations, totaling $123,885,000 in origination value.