OWENSBORO 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 Owensboro averaged 6.79% 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 6.5% and one month ago for the week of 2024-10-10, the average rate was 6.23%.

    Owensboro's average rate one year ago was 7.51%.

    For refis of the same type during the week of 2024-11-14, the average rate was 6.88%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Owensboro 30 Year Fixed Rate 2024-11-14 6.79%
    Owensboro 30 Year Fixed Rate Refi 2024-11-14 6.88%
    Owensboro 15 Year Fixed Rate 2024-11-14 5.79%
    Owensboro 15 Year Fixed Rate Refi 2024-11-14 6.49%
    Owensboro 30 Year FHA 2024-11-14 -0.29%
    Owensboro 30 Year FHA Refi 2024-11-14 -0.1%
    Owensboro 30 Year USDA 2024-11-14 0%
    Owensboro 30 Year USDA Refi 2024-11-14 0.2%
    Owensboro 30 Year VA 2024-11-14 -0.26%
    Owensboro 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 OWENSBORO, KY.

    OWENSBORO 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 OWENSBORO, KY 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
    EVANSVILLE TEACHERS 260 6.65% $3,261
    Independence Bank of Kentucky 50 6.44% $2,372
    U.S. Bank 36 6.79% $3,362
    Old National Bank 33 6.58% $3,155
    QUICKEN LOANS, LLC 33 6.76% $5,189
    UNITED WHOLESALE MORTGAGE, LLC 19 7.11% $6,471
    German American Bank 18 6.63% $3,130
    RUOFF MORTGAGE COMPANY, INC. 16 6.49% $3,267
    THRIVE MORTGAGE, LLC 16 6.49% $4,713
    HOMESIDE FINANCIAL, LLC 14 7.05% $4,183
    Farm Credit Mid-America, ACA 13 7.26% $5,703
    Truist 13 6.80% $3,278
    SOUTH CENTRAL BANK, INC. 12 6.67% $2,757
    JPMorgan Chase Bank 12 6.42% $4,432
    First Federal Savings Bank 9 5.61% $3,342
    CHURCHILL MORTGAGE CORPORATION 7 7.21% $4,156
    Fifth Third Bank 6 6.83% $3,524
    LEADERONE FINANCIAL CORPORATION 4 6.62% $4,054
    FBC MORTGAGE, LLC 4 6.06% $4,414
    MOVEMENT MORTGAGE, LLC 4 6.75% $5,257
    EVERETT FINANCIAL, INC. 4 6.66% $7,697
    Heritage Federal Credit Union 3 7.42% $3,031
    PNC Bank 3 6.75% $3,662
    First Financial Bank 3 7.46% $3,636
    Abound Federal Credit Union 3 6.63% $3,083
    STOCKTON MORTGAGE CORPORATION 3 7.42% $4,331
    TRANSCEND 3 6.17% $0
    Bank of England 3 7.33% $4,963
    MORTGAGE MASTERS OF INDIANA, INC. 3 6.25% $3,529
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.31% $4,172
    BROKER SOLUTIONS, INC. 2 7.38% $6,069
    Northpointe Bank 2 8.25% $5,446
    DAS Acquisition Company, LLC 2 7.06% $4,353
    NAVY FEDERAL CREDIT UNION 2 7.25% $4,066
    Mortgage Research Center, LLC 2 6.12% $3,249
    PLAZA HOME MORTGAGE, INC. 2 7.00% $6,719
    FIRST COMMUNITY MORTGAGE, INC. 2 7.06% $3,540
    CROSSCOUNTRY MORTGAGE, LLC 2 7.16% $4,172
    1786 1 6.50% $6,947
    Whitaker Bank 1 5.88% $1,282
    Ally Bank 1 5.88% $5,604
    AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $6,302
    BancorpSouth 1 5.28% $3,981
    CARDINAL FINANCIAL 1 6.38% $8,913
    Cf Bank 1 6.50% $3,823
    Citizens Bank 1 6.88% $3,439
    CMG MORTGAGE, INC. 1 7.75% $5,122
    DEEPHAVEN MORTGAGE LLC 1 7.99% $12,674
    FAIR WAY LENDING LLC 1 5.88% $3,351
    FirstBank 1 6.38% $5,765
    GoPrime Mortgage, Inc. 1 6.50% $3,323
    LIBERTY HOME MORTGAGE CORPORATION 1 7.50% $7,316
    LOANDEPOT.COM, LLC 1 6.25% $6,399
    Magnolia Bank 1 7.00% $6,111
    Morgan Stanley Private Bank 1 5.90% $3,451
    Mr. Cooper ( Nationstar Mortgage ) 1 7.49% $3,263
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $4,381
    NEWREZ LLC 1 8.13% $6,690
    North American Savings Bank, F.S.B. 1 8.63% $1,974
    Northwest Federal Credit Union 1 7.63% $1,947
    Paramount Residential Mortgage Group, Inc. 1 7.63% $9,466
    Plains Commerce Bank 1 6.88% $3,849
    PLANET HOME LENDING, LLC 1 6.63% $3,563
    PREMIA MORTGAGE, LLC 1 7.58% $0
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.50% $3,675
    Prosperity Home Mortgage, LLC 1 8.63% $4,809
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $3,942
    Regions Bank 1 7.50% $3,118
    ROYAL UNITED MORTGAGE LLC 1 7.50% $4,398
    Strong Home Mortgage, LLC 1 6.38% $6,534
    The Cecilian Bank 1 6.26% $978
    The Central Trust Bank 1 6.88% $3,078
    TOTAL MORTGAGE SERVICES, LLC 1 8.63% $3,091
    USAA Federal Savings Bank 1 6.13% $2,861
    U S WIDE FINANCIAL LLC 1 6.50% $1,473
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.25% $5,684
    WesBanco 1 6.75% $4,022

    OWENSBORO Average Closing Costs & Other Stats

    OWENSBORO, KY's 77 lenders originated 2,383 loans during 2023. The total origination value was $363,545,000, with an average loan value of $152,558.

    OWENSBORO's average closing costs are $3,970.

    The top OWENSBORO lender as defined by loan originations is EVANSVILLE TEACHERS, with 260 loans originated. Their average total fees are $3,261, which is $888 higher than the next largest lender, Independence Bank of Kentucky.

    The lowest fee OWENSBORO lenders (with over 10 loans originated) are Independence Bank of Kentucky ($2,372), SOUTH CENTRAL BANK, INC. ($2,757), German American Bank ($3,130), Old National Bank ($3,155) and EVANSVILLE TEACHERS ($3,261).

    The lowest rate OWENSBORO lenders (with over 10 loans originated) are JPMorgan Chase Bank (6.42%), Independence Bank of Kentucky (6.44%), RUOFF MORTGAGE COMPANY, INC. (6.49%), THRIVE MORTGAGE, LLC (6.49%) and Old National Bank (6.58%).

    OWENSBORO, KY 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
    EVANSVILLE TEACHERS $145,740,000 $107,920,000 -26.0% 29.7%
    Independence Bank of Kentucky $56,045,000 $35,060,000 -37.4% 9.6%
    Old National Bank $26,995,000 $19,885,000 -26.3% 5.5%
    German American Bank $21,475,000 $17,020,000 -20.7% 4.7%
    QUICKEN LOANS, LLC $17,925,000 $15,355,000 -14.3% 4.2%
    U.S. Bank $30,090,000 $14,925,000 -50.4% 4.1%
    FBC MORTGAGE, LLC $24,385,000 $12,060,000 -50.5% 3.3%
    SOUTH CENTRAL BANK, INC. $14,605,000 $11,635,000 -20.3% 3.2%
    RUOFF MORTGAGE COMPANY, INC. $20,940,000 $10,855,000 -48.2% 3.0%
    UNITED WHOLESALE MORTGAGE, LLC $14,340,000 $9,045,000 -36.9% 2.5%
    Mortgage Research Center, LLC $7,520,000 $6,610,000 -12.1% 1.8%
    Truist $7,705,000 $6,475,000 -16.0% 1.8%
    HOMESIDE FINANCIAL, LLC $1,530,000 $4,575,000 199.0% 1.3%
    Fifth Third Bank $11,995,000 $4,275,000 -64.4% 1.2%
    JPMorgan Chase Bank $5,845,000 $3,810,000 -34.8% 1.0%
    Farm Credit Mid-America, ACA $8,850,000 $3,745,000 -57.7% 1.0%
    Limestone Bank, Inc. $2,265,000 $3,490,000 54.1% 1.0%
    First Federal Savings Bank $550,000 $2,860,000 420.0% 0.8%
    CHURCHILL MORTGAGE CORPORATION $585,000 $2,445,000 317.9% 0.7%
    THRIVE MORTGAGE, LLC $425,000 $2,420,000 469.4% 0.7%
    Owensboro Federal Credit Union $2,360,000 n/a 0.6%
    PNC Bank $4,620,000 $2,250,000 -51.3% 0.6%
    EVERETT FINANCIAL, INC. $10,400,000 $2,095,000 -79.9% 0.6%
    Farmers Bank and Trust Company $1,165,000 $2,075,000 78.1% 0.6%
    NAVY FEDERAL CREDIT UNION $1,105,000 $2,020,000 82.8% 0.6%
    USAA Federal Savings Bank $2,380,000 $1,910,000 -19.7% 0.5%
    Bank of England $2,725,000 $1,740,000 -36.1% 0.5%
    Heritage Federal Credit Union $2,705,000 $1,725,000 -36.2% 0.5%
    Carrington Mortgage Services, LLC $1,425,000 $1,570,000 10.2% 0.4%
    TOP FLITE FINANCIAL, INC. $3,545,000 $1,490,000 -58.0% 0.4%
    PENNYMAC LOAN SERVICES, LLC $3,010,000 $1,385,000 -54.0% 0.4%
    LEADERONE FINANCIAL CORPORATION $1,360,000 n/a 0.4%
    STOCKTON MORTGAGE CORPORATION $945,000 $1,345,000 42.3% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $195,000 $1,285,000 559.0% 0.4%
    First Financial Bank $55,000 $1,265,000 2,200.0% 0.3%
    MOVEMENT MORTGAGE, LLC $7,780,000 $1,265,000 -83.7% 0.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,075,000 $1,225,000 14.0% 0.3%
    BROKER SOLUTIONS, INC. $980,000 $1,160,000 18.4% 0.3%
    The Sacramento Deposit Bank $2,500,000 $1,160,000 -53.6% 0.3%
    AMERISAVE MORTGAGE CORPORATION $2,735,000 $1,125,000 -58.9% 0.3%
    FREEDOM MORTGAGE CORPORATION $2,275,000 $1,115,000 -51.0% 0.3%
    NEW DAY FINANCIAL, LLC $315,000 $1,100,000 249.2% 0.3%
    MORTGAGE MASTERS OF INDIANA, INC. $1,295,000 $1,040,000 -19.7% 0.3%
    Abound Federal Credit Union $155,000 $880,000 467.7% 0.2%
    FIELD & MAIN BANK, INC. $755,000 $865,000 14.6% 0.2%
    Peoples Bank $855,000 n/a 0.2%
    Paramount Residential Mortgage Group, Inc. $245,000 $810,000 230.6% 0.2%
    Plains Commerce Bank $135,000 $785,000 481.5% 0.2%
    A&D Mortgage LLC $775,000 n/a 0.2%
    TRANSCEND $135,000 $725,000 437.0% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $2,175,000 $715,000 -67.1% 0.2%
    Magnolia Bank $530,000 $690,000 30.2% 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $450,000 $645,000 43.3% 0.2%
    CARDINAL FINANCIAL $1,200,000 $620,000 -48.3% 0.2%
    Morgantown Bank & Trust Company, Incorporated $185,000 $595,000 221.6% 0.2%
    21ST MORTGAGE CORPORATION $1,370,000 $540,000 -60.6% 0.1%
    LOANDEPOT.COM, LLC $2,975,000 $540,000 -81.8% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $565,000 $525,000 -7.1% 0.1%
    Discover Bank $125,000 $520,000 316.0% 0.1%
    PREMIA MORTGAGE, LLC $345,000 $510,000 47.8% 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,380,000 $485,000 -79.6% 0.1%
    NEWREZ LLC $275,000 $485,000 76.4% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $185,000 $485,000 162.2% 0.1%
    1ST SIGNATURE LENDING, LLC $205,000 $450,000 119.5% 0.1%
    Bank of Edmonson County $155,000 $425,000 174.2% 0.1%
    BancorpSouth $405,000 n/a 0.1%
    The Cecilian Bank $515,000 $395,000 -23.3% 0.1%
    DAS Acquisition Company, LLC $380,000 n/a 0.1%
    Citizens Bank $1,855,000 $375,000 -79.8% 0.1%
    PLAZA HOME MORTGAGE, INC. $370,000 n/a 0.1%
    FirstBank $105,000 $360,000 242.9% 0.1%
    First Federal Bank $355,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $65,000 $350,000 438.5% 0.1%
    Century Mortgage Company DBA Century Lending Company $330,000 n/a 0.1%
    Cf Bank $305,000 n/a 0.1%
    LOANFLIGHT LENDING, LLC $305,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $295,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $270,000 $280,000 3.7% 0.1%
    CMG MORTGAGE, INC. $225,000 $275,000 22.2% 0.1%
    Prosperity Home Mortgage, LLC $275,000 n/a 0.1%
    Morgan Stanley Private Bank $265,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $265,000 n/a 0.1%
    Whitaker Bank $55,000 $265,000 381.8% 0.1%
    North American Savings Bank, F.S.B. $615,000 $255,000 -58.5% 0.1%
    Northwest Federal Credit Union $235,000 $245,000 4.3% 0.1%
    University Bank $245,000 n/a 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $690,000 $235,000 -65.9% 0.1%
    AMWEST FUNDING CORP. $1,025,000 $235,000 -77.1% 0.1%
    WesBanco $270,000 $235,000 -13.0% 0.1%
    Northpointe Bank $465,000 $230,000 -50.5% 0.1%
    Republic Bank & Trust Company $590,000 $225,000 -61.9% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $215,000 n/a 0.1%
    ROSS MORTGAGE CORPORATION $215,000 n/a 0.1%
    Franklin Loan Corporation $205,000 n/a 0.1%
    NATIONS DIRECT MORTGAGE, LLC $205,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $4,400,000 $205,000 -95.3% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.1%
    FIRST MORTGAGE COMPANY, INC. $195,000 n/a 0.1%
    First Southern National Bank $160,000 $195,000 21.9% 0.1%
    1786 $185,000 n/a 0.1%
    EQUITY RESOURCES, INC. $185,000 n/a 0.1%
    HOMEXPRESS MORTGAGE CORP. $185,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $330,000 $185,000 -43.9% 0.1%
    Servion, Inc. $255,000 $185,000 -27.5% 0.1%
    SOUTHWEST STAGE FUNDING, LLC $185,000 n/a 0.1%
    The Central Trust Bank $185,000 n/a 0.1%
    Wells Fargo Bank $2,025,000 $185,000 -90.9% 0.1%
    Barrington Bank & Trust Company, N.A. $360,000 $165,000 -54.2% 0.0%
    LIBERTY HOME MORTGAGE CORPORATION $155,000 n/a 0.0%
    MORTGAGE INVESTORS GROUP, INC. $155,000 n/a 0.0%
    Union Savings Bank $155,000 n/a 0.0%
    Equity Prime Mortgage LLC $650,000 $150,000 -76.9% 0.0%
    DIAMOND VALLEY $145,000 n/a 0.0%
    GoPrime Mortgage, Inc. $145,000 n/a 0.0%
    The First National Bank of Carmi $145,000 n/a 0.0%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $350,000 $135,000 -61.4% 0.0%
    Park Lane Finance Solutions, LLC $250,000 $130,000 -48.0% 0.0%
    Ally Bank $495,000 $115,000 -76.8% 0.0%
    BM Real Estate Services, Inc. $115,000 n/a 0.0%
    Coastal Community Bank $115,000 n/a 0.0%
    LENDINGONE, LLC $115,000 n/a 0.0%
    City National Bank of West Virginia $105,000 n/a 0.0%
    M&T Bank $280,000 $105,000 -62.5% 0.0%
    Peoples Bank $105,000 n/a 0.0%
    AMERICAN HERITAGE LENDING, INC. $95,000 n/a 0.0%
    FAIR WAY LENDING LLC $95,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $95,000 n/a 0.0%
    OPEN MORTGAGE, LLC $35,000 $95,000 171.4% 0.0%
    Regions Bank $95,000 n/a 0.0%
    Strong Home Mortgage, LLC $95,000 n/a 0.0%
    PLANET HOME LENDING, LLC $315,000 $85,000 -73.0% 0.0%
    TOTAL MORTGAGE SERVICES, LLC $85,000 n/a 0.0%
    TOWER $85,000 n/a 0.0%
    U S WIDE FINANCIAL LLC $85,000 n/a 0.0%
    Bank of America $760,000 $80,000 -89.5% 0.0%
    Central Bank $935,000 $65,000 -93.0% 0.0%
    SPRING EQ, LLC $75,000 $55,000 -26.7% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $195,000 $55,000 -71.8% 0.0%
    Flagstar Bank, FSB $200,000 $50,000 -75.0% 0.0%
    PENTAGON FEDERAL CREDIT UNION $45,000 n/a 0.0%
    UNIVERSITY OF KENTUCKY $140,000 $45,000 -67.9% 0.0%
    Stock Yards Bank & Trust Company $235,000 $35,000 -85.1% 0.0%

    OWENSBORO's top lender by overall market share is EVANSVILLE TEACHERS, with 29.7% market share. In second place, with 9.6%, is Independence Bank of Kentucky, having originated $35,060,000 in loans. In third place, with 5.5%, is Old National Bank, having originated $19,885,000 in loans. In fourth place, with 4.7%, is German American Bank, having originated $17,020,000 in loans. In fifth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $15,355,000 in loans.

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

    Realtor.com - OWENSBORO (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 $176,647 (10.8%) $249,354 (24.7%) 0.00 288
    2018-02-01 $176,981 (7.3%) $252,789 (27.8%) 0.00 281
    2018-03-01 $174,900 (2.9%) $244,957 (22.0%) 0.00 273
    2018-04-01 $178,450 (0.9%) $248,989 (17.6%) 0.00 280
    2018-05-01 $178,611 (-2.1%) $252,062 (8.3%) 0.00 281
    2018-06-01 $184,900 (6.9%) $323,747 (40.0%) 0.00 301
    2018-07-01 $184,900 (7.2%) $315,937 (30.3%) 0.00 326
    2018-08-01 $183,400 (0.7%) $308,756 (25.2%) 0.00 346
    2018-09-01 $179,950 (5.9%) $305,363 (27.6%) 0.00 347
    2018-10-01 $182,400 (9.0%) $301,713 (25.2%) 0.00 358
    2018-11-01 $179,900 (9.1%) $298,575 (25.9%) 0.00 357
    2018-12-01 $179,900 (9.1%) $306,610 (29.2%) 0.00 318
    2019-01-01 $179,560 (1.7%) $311,862 (25.1%) 0.00 302
    2019-02-01 $179,911 (1.7%) $310,220 (22.7%) 0.00 290
    2019-03-01 $194,543 (11.2%) $321,970 (31.4%) 0.00 272
    2019-04-01 $208,700 (17.0%) $336,297 (35.1%) 0.00 262
    2019-05-01 $209,725 (17.4%) $327,032 (29.7%) 0.00 262
    2019-06-01 $199,900 (8.1%) $321,147 (-0.8%) 0.00 288
    2019-07-01 $185,450 (0.3%) $311,611 (-1.4%) 0.00 318
    2019-08-01 $186,191 (1.5%) $289,506 (-6.2%) 0.00 323
    2019-09-01 $188,052 (4.5%) $260,826 (-14.6%) 0.00 319
    2019-10-01 $187,043 (2.6%) $237,863 (-21.2%) 0.00 319
    2019-11-01 $179,900 (0.0%) $234,987 (-21.3%) 0.00 312
    2019-12-01 $184,900 (2.8%) $237,181 (-22.6%) 0.00 285
    2020-01-01 $179,900 (0.2%) $235,181 (-24.6%) 0.00 261
    2020-02-01 $186,125 (3.5%) $311,998 (0.6%) 0.00 240
    2020-03-01 $177,300 (-8.9%) $307,151 (-4.6%) 0.00 231
    2020-04-01 $176,450 (-15.5%) $320,182 (-4.8%) 0.00 215
    2020-05-01 $189,453 (-9.7%) $360,468 (10.2%) 0.00 154
    2020-06-01 $204,524 (2.3%) $381,550 (18.8%) 0.00 139
    2020-07-01 $198,975 (7.3%) $375,026 (20.4%) 0.00 144
    2020-08-01 $189,500 (1.8%) $357,732 (23.6%) 0.00 161
    2020-09-01 $186,953 (-0.6%) $346,784 (33.0%) 0.00 171
    2020-10-01 $189,900 (1.5%) $349,454 (46.9%) 0.00 168
    2020-11-01 $191,900 (6.7%) $355,545 (51.3%) 0.00 161
    2020-12-01 $190,550 (3.1%) $357,838 (50.9%) 0.00 148
    2021-01-01 $193,700 (7.7%) $245,967 (4.6%) 0.00 144
    2021-02-01 $194,200 (4.3%) $261,590 (-16.2%) 0.00 116
    2021-03-01 $189,800 (7.1%) $252,412 (-17.8%) 0.00 109
    2021-04-01 $177,200 (0.4%) $246,955 (-22.9%) 0.00 119
    2021-05-01 $199,900 (5.5%) $300,932 (-16.5%) 0.00 104
    2021-06-01 $205,400 (0.4%) $285,759 (-25.1%) 0.00 112
    2021-07-01 $189,900 (-4.6%) $269,648 (-28.1%) 0.00 130
    2021-08-01 $199,925 (5.5%) $262,782 (-26.5%) 0.00 140
    2021-09-01 $202,650 (8.4%) $266,914 (-23.0%) 0.00 152
    2021-10-01 $199,000 (4.8%) $271,695 (-22.3%) 0.00 136
    2021-11-01 $173,150 (-9.8%) $278,097 (-21.8%) 0.00 128
    2021-12-01 $196,700 (3.2%) $273,001 (-23.7%) 0.00 130
    2022-01-01 $189,500 (-2.2%) $266,264 (8.3%) 0.00 112
    2022-02-01 $178,200 (-8.2%) $257,300 (-1.6%) 0.00 102
    2022-03-01 $199,900 (5.3%) $263,249 (4.3%) 0.00 102
    2022-04-01 $209,500 (18.2%) $277,311 (12.3%) 0.00 97
    2022-05-01 $242,400 (21.3%) $294,812 (-2.0%) 0.00 128
    2022-06-01 $246,175 (19.9%) $292,614 (2.4%) 0.00 154
    2022-07-01 $259,900 (36.9%) $305,176 (13.2%) 0.00 177
    2022-08-01 $257,049 (28.6%) $309,211 (17.7%) 0.00 180
    2022-09-01 $242,500 (19.7%) $298,823 (12.0%) 0.00 196
    2022-10-01 $234,900 (18.0%) $298,299 (9.8%) 0.00 201
    2022-11-01 $234,900 (35.7%) $298,987 (7.5%) 0.00 237
    2022-12-01 $237,700 (20.8%) $349,135 (27.9%) 0.00 242
    2023-01-01 $254,550 (34.3%) $353,703 (32.8%) 0.00 231
    2023-02-01 $254,725 (42.9%) $358,280 (39.3%) 0.00 213
    2023-03-01 $260,350 (30.2%) $380,004 (44.4%) 0.00 180
    2023-04-01 $274,000 (30.8%) $405,666 (46.3%) 0.00 161
    2023-05-01 $272,875 (12.6%) $404,964 (37.4%) 0.00 161
    2023-06-01 $274,950 (11.7%) $330,794 (13.1%) 0.00 177
    2023-07-01 $269,000 (3.5%) $320,568 (5.0%) 0.00 183
    2023-08-01 $263,825 (2.6%) $311,867 (0.9%) 0.00 196
    2023-09-01 $260,000 (7.2%) $307,473 (2.9%) 0.00 211
    2023-10-01 $262,400 (11.7%) $303,982 (1.9%) 0.00 231
    2023-11-01 $266,150 (13.3%) $296,060 (-1.0%) 0.00 237
    2023-12-01 $250,000 (5.2%) $291,919 (-16.4%) 0.00 234
    2024-01-01 $269,800 (6.0%) $360,495 (1.9%) 0.00 199
    2024-02-01 $277,350 (8.9%) $382,661 (6.8%) 0.00 195
    2024-03-01 $279,900 (7.5%) $384,605 (1.2%) 0.00 185
    2024-04-01 $269,450 (-1.7%) $362,369 (-10.7%) 0.00 187
    2024-05-01 $269,900 (-1.1%) $371,340 (-8.3%) 0.00 203
    2024-06-01 $269,900 (-1.8%) $375,558 (13.5%) 0.00 215
    2024-07-01 $272,450 (1.3%) $345,280 (7.7%) 0.00 209
    2024-08-01 $272,400 (3.3%) $382,959 (22.8%) 0.00 228
    2024-09-01 $272,400 (4.8%) $390,621 (27.0%) 0.00 231
    2024-10-01 $272,125 (3.7%) $382,394 (25.8%) 0.00 240
    OWENSBORO's median listing price for 2024-10-01 was $272,125, a difference of $9,725 (3.7%) versus the prior year and $-275 versus the prior month.

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

    OWENSBORO's average listing price for 2024-10-01 was $382,394, a difference of $78,412 (25.8%) versus the prior year and $-8,227 versus the prior month.

    For the 2024-10-01 period, OWENSBORO had 240 MLS listings, a difference of 9 listings (4%) versus the prior month and 9 listings (4%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - OWENSBORO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,909 sqft
    2018-02-01 0 days 1,894 sqft
    2018-03-01 0 days 1,875 sqft
    2018-04-01 0 days 1,933 sqft
    2018-05-01 0 days 1,961 sqft
    2018-06-01 0 days 1,964 sqft
    2018-07-01 0 days 1,950 sqft
    2018-08-01 0 days 1,962 sqft
    2018-09-01 0 days 1,966 sqft
    2018-10-01 0 days 1,940 sqft
    2018-11-01 0 days 1,940 sqft
    2018-12-01 0 days 1,946 sqft
    2019-01-01 0 days 1,860 sqft
    2019-02-01 0 days 1,898 sqft
    2019-03-01 0 days 2,017 sqft
    2019-04-01 0 days 2,142 sqft
    2019-05-01 0 days 2,032 sqft
    2019-06-01 0 days 2,080 sqft
    2019-07-01 0 days 1,982 sqft
    2019-08-01 0 days 1,925 sqft
    2019-09-01 0 days 1,843 sqft
    2019-10-01 0 days 1,769 sqft
    2019-11-01 0 days 1,704 sqft
    2019-12-01 0 days 1,694 sqft
    2020-01-01 0 days 1,697 sqft
    2020-02-01 0 days 1,835 sqft
    2020-03-01 0 days 1,696 sqft
    2020-04-01 0 days 1,690 sqft
    2020-05-01 0 days 1,814 sqft
    2020-06-01 0 days 1,824 sqft
    2020-07-01 0 days 1,916 sqft
    2020-08-01 0 days 1,764 sqft
    2020-09-01 0 days 1,740 sqft
    2020-10-01 0 days 1,772 sqft
    2020-11-01 0 days 1,776 sqft
    2020-12-01 0 days 1,770 sqft
    2021-01-01 0 days 1,747 sqft
    2021-02-01 0 days 1,777 sqft
    2021-03-01 0 days 1,715 sqft
    2021-04-01 0 days 1,659 sqft
    2021-05-01 0 days 1,698 sqft
    2021-06-01 0 days 1,679 sqft
    2021-07-01 0 days 1,596 sqft
    2021-08-01 0 days 1,659 sqft
    2021-09-01 0 days 1,666 sqft
    2021-10-01 0 days 1,630 sqft
    2021-11-01 0 days 1,599 sqft
    2021-12-01 0 days 1,551 sqft
    2022-01-01 0 days 1,515 sqft
    2022-02-01 0 days 1,555 sqft
    2022-03-01 0 days 1,612 sqft
    2022-04-01 0 days 1,739 sqft
    2022-05-01 0 days 1,814 sqft
    2022-06-01 0 days 1,813 sqft
    2022-07-01 0 days 1,892 sqft
    2022-08-01 0 days 1,899 sqft
    2022-09-01 0 days 1,730 sqft
    2022-10-01 0 days 1,683 sqft
    2022-11-01 0 days 1,699 sqft
    2022-12-01 0 days 1,700 sqft
    2023-01-01 0 days 1,768 sqft
    2023-02-01 0 days 1,798 sqft
    2023-03-01 0 days 1,800 sqft
    2023-04-01 0 days 1,788 sqft
    2023-05-01 0 days 1,800 sqft
    2023-06-01 0 days 1,845 sqft
    2023-07-01 0 days 1,803 sqft
    2023-08-01 0 days 1,783 sqft
    2023-09-01 0 days 1,803 sqft
    2023-10-01 0 days 1,806 sqft
    2023-11-01 0 days 1,723 sqft
    2023-12-01 0 days 1,686 sqft
    2024-01-01 0 days 1,719 sqft
    2024-02-01 0 days 1,798 sqft
    2024-03-01 0 days 1,800 sqft
    2024-04-01 0 days 1,732 sqft
    2024-05-01 0 days 1,745 sqft
    2024-06-01 0 days 1,881 sqft
    2024-07-01 0 days 1,861 sqft
    2024-08-01 0 days 1,865 sqft
    2024-09-01 0 days 1,898 sqft
    2024-10-01 0 days 1,870 sqft
    OWENSBORO's median listing age (time on market) for 2024-10-01 was 0 days.

    OWENSBORO's median square footage for active listings during the 2024-10-01 period was 1,870 sqft. One year prior, the average listing was 1,806 sqft.

    OWENSBORO, KY 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
    42301 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
    42302 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
    42303 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
    42304 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
    42322 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
    42327 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
    42330 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
    42343 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
    42348 Owensboro, KY MSA $610 $620 $810 $1,070 $1,090
    42350 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
    42351 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
    42352 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
    42355 Owensboro, KY MSA $570 $580 $760 $1,000 $1,030
    42356 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
    42364 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
    42366 Owensboro, KY MSA $690 $690 $910 $1,200 $1,220
    42368 Owensboro, KY MSA $590 $590 $780 $1,030 $1,050
    42371 Owensboro, KY MSA $590 $590 $770 $1,020 $1,040
    42372 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
    42376 Owensboro, KY MSA $690 $690 $910 $1,200 $1,220
    42378 Owensboro, KY MSA $590 $590 $780 $1,030 $1,050

    2022 Average & Median Rent Data Statistics
    OWENSBORO, KY average 1BR rent: $632, median: $620
    OWENSBORO, KY average 2BR rent: $833, median: $820
    OWENSBORO, KY average 3BR rent: $1,099, median: $1,080

    OWENSBORO, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,318 $259,090,000 $196,578
    Cash Out Refi 368 $34,820,000 $94,620
    Refi 264 $35,260,000 $133,561
    Other 236 $20,750,000 $87,924
    Home Improvement 197 $13,625,000 $69,162

    Owensboro's most frequently cited loan purpose was Home Purchase, with 1,318 originations. The 2nd most popular reason was Cash Out Refi, with 368 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 909 $161,695,000 $177,882
    7-8% 549 $82,645,000 $150,537
    Over 8% 447 $33,175,000 $74,217
    5-6% 271 $53,875,000 $198,801
    <2.5% 49 $4,525,000 $92,347
    4-5% 35 $10,265,000 $293,286
    3-4% 18 $660,000 $36,667
    2.5-3% 1 $85,000 $85,000

    During 2023, Owensboro's most frequently originated rate bucket was 6-7%, with 909 originations.

    Loan Sizing (OWENSBORO, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 917 $48,645,000 $53,048
    $100k-200k 883 $129,685,000 $146,869
    $200k-400k 507 $135,575,000 $267,406
    $400k-600k 52 $24,210,000 $465,577
    $600k-1000k 18 $13,590,000 $755,000
    $Over $1MM 6 $11,840,000 $1,973,333

    OWENSBORO's loan sizing saw the bucket of loans from $100,000 or less with 917 originations, totaling $48,645,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 888 $184,710,000 $208,007
    60-80% 439 $82,725,000 $188,440
    Under 20% 377 $15,655,000 $41,525
    20-40% 356 $30,400,000 $85,393
    40-60% 196 $28,290,000 $144,337
    Over 100% 21 $4,865,000 $231,667

    OWENSBORO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 888 originations, totaling $184,710,000 in origination value.