ALTOONA Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Altoona averaged 7.22% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.47% and one month ago for the week of 2023-10-19, the average rate was 7.46%.

Altoona's average rate one year ago was 6.34%.

For refis of the same type during the week of 2023-11-22, the average rate was 5.55%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Altoona 30 Year Fixed Rate 2023-11-22 7.22%
Altoona 30 Year Fixed Rate Refi 2023-11-22 5.55%
Altoona 15 Year Fixed Rate 2023-11-22 6.87%
Altoona 15 Year Fixed Rate Refi 2023-11-22 6.03%
Altoona 30 Year FHA 2023-11-22 -0.51%
Altoona 30 Year FHA Refi 2023-11-22 0%
Altoona 30 Year USDA 2023-11-22 -0.1%
Altoona 30 Year USDA Refi 2023-11-22 0.1%
Altoona 30 Year VA 2023-11-22 -0.08%
Altoona 30 Year VA Refi 2023-11-22 -0.1%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Flagstar Bank, FSB 86 5.10% $4,131
QUICKEN LOANS, LLC 61 5.50% $5,864
Reliance Savings Bank 55 4.56% $4,164
EQUITY RESOURCES, INC. 47 5.24% $4,466
Citizens Bank 43 5.11% $5,700
First Commonwealth Bank 31 4.94% $3,871
First National Bank of Pennsylvania 23 4.54% $4,455
ARC HOME LLC 21 5.19% $4,112
NORWICH COMMERCIAL GROUP, INC. 20 5.79% $5,226
M&T Bank 16 5.57% $4,004
U.S. Bank 15 4.87% $3,399
Wells Fargo Bank 14 4.88% $4,979
Jersey Shore State Bank 9 5.26% $3,721
Paramount Residential Mortgage Group, Inc. 9 5.10% $4,776
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 5.19% $4,282
CNB Bank 8 3.66% $3,774
Mr. Cooper ( Nationstar Mortgage ) 6 4.54% $7,776
PENNSYLVANIA STATE EMPLOYEES Credit Union 6 4.63% $3,045
EMM LOANS LLC 6 5.31% $5,697
UNITED WHOLESALE MORTGAGE, LLC 6 5.08% $6,321
Bank of America 5 4.58% $3,815
NEWREZ LLC 5 5.37% $5,825
Kish Bank 5 4.85% $4,487
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 5.72% $4,784
ROYAL UNITED MORTGAGE LLC 4 5.59% $6,426
S&T Bank 4 5.69% $5,494
1st Summit Bank 4 4.65% $4,231
MCLEAN MORTGAGE CORPORATION 4 5.97% $4,074
JPMorgan Chase Bank 3 3.79% $4,417
AmeriServ Financial Bank 3 4.58% $3,125
FREEDOM MORTGAGE CORPORATION 3 5.54% $4,703
UNION HOME MORTGAGE CORP. 3 5.88% $4,147
AmeriHome Mortgage Company, LLC 3 6.25% $8,043
AMERISAVE MORTGAGE CORPORATION 3 4.92% $5,835
PNC Bank 2 5.19% $4,083
AMERICAN FINANCING CORPORATION 2 5.50% $5,629
CALIBER HOME LOANS, INC. 2 4.38% $4,940
CROSSCOUNTRY MORTGAGE, LLC 2 6.08% $4,020
HOMESIDE FINANCIAL, LLC 2 5.94% $11,284
LOANDEPOT.COM, LLC 2 3.63% $6,515
MidAtlantic Farm Credit, ACA 2 5.91% $5,606
Mortgage Research Center, LLC 2 6.31% $2,971
Nations Lending Corporation 2 3.94% $3,980
PENNYMAC LOAN SERVICES, LLC 2 4.87% $3,254
Princeton Mortgage Corporation 2 3.50% $10,544
TD Bank 2 5.94% $2,989
Truist 2 4.90% $3,467
BETTER MORTGAGE CORPORATION 1 3.63% $2,399
MOVEMENT MORTGAGE, LLC 1 4.63% $4,982
INTERCOASTAL MORTGAGE COMPANY 1 3.99% $3,777
HOMESPIRE MORTGAGE CORPORATION 1 3.38% $5,567
Ally Bank 1 4.13% $8,592
NAVY FEDERAL CREDIT UNION 1 5.50% $2,690
Fulton Bank 1 4.13% $3,375
North American Savings Bank, F.S.B. 1 5.25% $2,853
Northpointe Bank 1 3.88% $5,916
Northwest Bank 1 3.75% $7,684
First Savings Bank 1 4.25% $3,309
Orrstown Bank 1 5.63% $4,142
First Internet Bank of Indiana 1 6.50% $3,656
FIRST HERITAGE FINANCIAL, LLC 1 3.98% $3,697
Watermark Capital, Inc. 1 5.13% $3,525
First Federal Bank 1 6.00% $9,084
Deere Employees Credit Union 1 2.25% $3,391
ACADEMY MORTGAGE CORPORATION 1 3.88% $3,046
Citadel Servicing Corporation 1 6.63% $3,424
RELIANCE FIRST CAPITAL, LLC 1 5.88% $6,080
Cf Bank 1 7.00% $3,614
Century Mortgage Company DBA Century Lending Company 1 6.13% $3,444
SOFI LENDING CORP. 1 4.25% $3,855
CARDINAL FINANCIAL 1 4.99% $9,058
Stifel Bank and Trust 1 5.88% $2,862
WEST PENN FINANCIAL SERVICE CENTER, INC. 1 4.88% $3,813
The Huntington National Bank 1 3.50% $3,139
TOWER 1 6.38% $4,230
ZILLOW HOME LOANS, LLC 1 3.50% $4,163
LOANPAL, LLC 1 2.75% $12,907
Kwik Mortgage Corporation 1 5.38% $4,842
MEMBERS 1ST FEDERAL CREDIT UNION 1 5.25% $3,470
MICHIGAN MUTUAL, INC. 1 6.25% $5,097
BROKER SOLUTIONS, INC. 1 5.99% $5,772
MILEND, INC. 1 5.99% $6,469
Morgan Stanley Private Bank 1 3.95% $4,963

ALTOONA Average Closing Costs & Other Stats

ALTOONA, PA's 83 lenders originated 2,950 loans during 2022. The total origination value was $429,670,000, with an average loan value of $145,651.

ALTOONA's average closing costs are $4,751.

The top ALTOONA lender as defined by loan originations is Flagstar Bank, FSB, with 86 loans originated. Their average total fees are $4,131, which is $1,734 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee ALTOONA lenders (with over 10 loans originated) are U.S. Bank ($3,399), First Commonwealth Bank ($3,871), M&T Bank ($4,004), ARC HOME LLC ($4,112) and Flagstar Bank, FSB ($4,131).

The lowest rate ALTOONA lenders (with over 10 loans originated) are First National Bank of Pennsylvania (4.54%), Reliance Savings Bank (4.56%), U.S. Bank (4.87%), Wells Fargo Bank (4.88%) and First Commonwealth Bank (4.94%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
M&T Bank $14,990,000 $51,180,000 241.4% 11.9%
Reliance Savings Bank $65,045,000 $37,130,000 -42.9% 8.6%
First National Bank of Pennsylvania $36,145,000 $30,670,000 -15.1% 7.1%
Flagstar Bank, FSB $16,410,000 $26,185,000 59.6% 6.1%
QUICKEN LOANS, LLC $41,250,000 $22,955,000 -44.4% 5.3%
First Commonwealth Bank $27,955,000 $22,495,000 -19.5% 5.2%
Citizens Bank $27,735,000 $20,980,000 -24.4% 4.9%
Altoona First Savings Bank $17,525,000 $15,705,000 -10.4% 3.7%
Jersey Shore State Bank $15,735,000 $15,340,000 -2.5% 3.6%
EQUITY RESOURCES, INC. $26,055,000 $13,055,000 -49.9% 3.0%
INVESTMENT SAVINGS BANK $8,655,000 $10,195,000 17.8% 2.4%
WALKER & DUNLOP, LLC $9,680,000 n/a 2.3%
ARC Federal Credit Union $9,450,000 n/a 2.2%
S&T Bank $15,520,000 $9,145,000 -41.1% 2.1%
PennCrest Bank $12,760,000 $8,275,000 -35.1% 1.9%
NORWICH COMMERCIAL GROUP, INC. $13,330,000 $8,040,000 -39.7% 1.9%
Mortgage Research Center, LLC $6,855,000 $7,810,000 13.9% 1.8%
CNB Bank $9,255,000 $6,750,000 -27.1% 1.6%
ARC HOME LLC $54,385,000 $6,600,000 -87.9% 1.5%
PENNSYLVANIA STATE EMPLOYEES Credit Union $5,840,000 $6,580,000 12.7% 1.5%
1st Summit Bank $3,135,000 $5,715,000 82.3% 1.3%
Hometown Bank of Pennsylvania $5,660,000 $4,895,000 -13.5% 1.1%
Paramount Residential Mortgage Group, Inc. $1,085,000 $4,265,000 293.1% 1.0%
U.S. Bank $5,565,000 $3,625,000 -34.9% 0.8%
UNION HOME MORTGAGE CORP. $2,735,000 $3,445,000 26.0% 0.8%
Wells Fargo Bank $7,595,000 $3,280,000 -56.8% 0.8%
NAVY FEDERAL CREDIT UNION $3,150,000 $2,760,000 -12.4% 0.6%
CALIBER HOME LOANS, INC. $3,365,000 $2,540,000 -24.5% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,805,000 $2,540,000 40.7% 0.6%
FREEDOM MORTGAGE CORPORATION $15,595,000 $2,540,000 -83.7% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $3,875,000 $2,425,000 -37.4% 0.6%
UNITED WHOLESALE MORTGAGE, LLC $3,550,000 $2,405,000 -32.3% 0.6%
EMM LOANS LLC $1,340,000 $1,925,000 43.7% 0.4%
AmeriServ Financial Bank $2,500,000 $1,860,000 -25.6% 0.4%
AMERISAVE MORTGAGE CORPORATION $3,520,000 $1,835,000 -47.9% 0.4%
Kish Bank $4,140,000 $1,560,000 -62.3% 0.4%
MidAtlantic Farm Credit, ACA $1,450,000 n/a 0.3%
PENNYMAC LOAN SERVICES, LLC $3,640,000 $1,415,000 -61.1% 0.3%
NEW DAY FINANCIAL, LLC $2,065,000 $1,280,000 -38.0% 0.3%
JPMorgan Chase Bank $665,000 $1,235,000 85.7% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $610,000 $1,145,000 87.7% 0.3%
AmeriHome Mortgage Company, LLC $1,100,000 $1,020,000 -7.3% 0.2%
LOANDEPOT.COM, LLC $3,280,000 $980,000 -70.1% 0.2%
PNC Bank $1,275,000 $955,000 -25.1% 0.2%
HOMESIDE FINANCIAL, LLC $805,000 $840,000 4.3% 0.2%
BNY Mellon $825,000 n/a 0.2%
Bank of America $1,255,000 $820,000 -34.7% 0.2%
NEWREZ LLC $1,780,000 $815,000 -54.2% 0.2%
MCLEAN MORTGAGE CORPORATION $1,495,000 $775,000 -48.2% 0.2%
USAA Federal Savings Bank $1,390,000 $765,000 -45.0% 0.2%
FIRST HERITAGE FINANCIAL, LLC $530,000 $755,000 42.5% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $320,000 $735,000 129.7% 0.2%
First Federal Bank of the Midwest $645,000 n/a 0.2%
Community State Bank of Orbisonia $1,245,000 $640,000 -48.6% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $710,000 $630,000 -11.3% 0.1%
Kwik Mortgage Corporation $545,000 n/a 0.1%
Mid-Continent Funding, Inc. $540,000 n/a 0.1%
Northpointe Bank $370,000 $540,000 45.9% 0.1%
TD Bank $345,000 $540,000 56.5% 0.1%
Princeton Mortgage Corporation $420,000 $520,000 23.8% 0.1%
Century Mortgage Company DBA Century Lending Company $505,000 n/a 0.1%
HOME POINT FINANCIAL CORPORATION $820,000 $505,000 -38.4% 0.1%
Northwest Bank $1,955,000 $490,000 -74.9% 0.1%
GUARANTEED RATE, INC. $1,165,000 $480,000 -58.8% 0.1%
MOVEMENT MORTGAGE, LLC $1,400,000 $475,000 -66.1% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $790,000 $450,000 -43.0% 0.1%
Carrington Mortgage Services, LLC $630,000 $445,000 -29.4% 0.1%
Morgan Stanley Private Bank $445,000 n/a 0.1%
First Internet Bank of Indiana $430,000 n/a 0.1%
North American Savings Bank, F.S.B. $430,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $675,000 $410,000 -39.3% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $145,000 $370,000 155.2% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,460,000 $370,000 -74.7% 0.1%
BROKER SOLUTIONS, INC. $1,090,000 $365,000 -66.5% 0.1%
ROYAL UNITED MORTGAGE LLC $480,000 $365,000 -24.0% 0.1%
AMERICAN FINANCING CORPORATION $965,000 $355,000 -63.2% 0.1%
First Federal Bank $3,810,000 $345,000 -90.9% 0.1%
Magnolia Bank $145,000 $345,000 137.9% 0.1%
BETTER MORTGAGE CORPORATION $2,620,000 $340,000 -87.0% 0.1%
RELIANCE FIRST CAPITAL, LLC $435,000 $330,000 -24.1% 0.1%
AMWEST FUNDING CORP. $325,000 n/a 0.1%
Nations Lending Corporation $970,000 $320,000 -67.0% 0.1%
TJC Mortgage, Inc. $245,000 $300,000 22.4% 0.1%
PLANET HOME LENDING, LLC $195,000 $295,000 51.3% 0.1%
HOMESPIRE MORTGAGE CORPORATION $280,000 n/a 0.1%
UTILITIES EMPLOYEES CREDIT UNION $625,000 $275,000 -56.0% 0.1%
Ally Bank $765,000 $265,000 -65.4% 0.1%
Truist $260,000 $265,000 1.9% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $340,000 $255,000 -25.0% 0.1%
INTERCOASTAL MORTGAGE COMPANY $255,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $210,000 $250,000 19.0% 0.1%
BELEM SERVICING LLC $245,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $195,000 $240,000 23.1% 0.1%
Bank of England $265,000 $235,000 -11.3% 0.1%
LOANPAL, LLC $235,000 n/a 0.1%
The Juniata Valley Bank $235,000 n/a 0.1%
Citadel Servicing Corporation $230,000 n/a 0.1%
The Federal Savings Bank $645,000 $215,000 -66.7% 0.1%
Equity Prime Mortgage LLC $85,000 $210,000 147.1% 0.0%
MICHIGAN MUTUAL, INC. $635,000 $170,000 -73.2% 0.0%
SOMERSET TRUST COMPANY $495,000 $170,000 -65.7% 0.0%
Cf Bank $165,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $435,000 $165,000 -62.1% 0.0%
Marion Center Bank $165,000 n/a 0.0%
21ST MORTGAGE CORPORATION $440,000 $160,000 -63.6% 0.0%
Discover Bank $160,000 $160,000 0.0% 0.0%
Mid Penn Bank $160,000 n/a 0.0%
MYCUMORTGAGE, LLC $155,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $85,000 $155,000 82.4% 0.0%
Fulton Bank $190,000 $150,000 -21.1% 0.0%
AFFORDABLE MORTGAGE ADVISORS, LLC. $245,000 $145,000 -40.8% 0.0%
Barrington Bank & Trust Company, N.A. $925,000 $145,000 -84.3% 0.0%
First Savings Bank $135,000 $145,000 7.4% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $245,000 $145,000 -40.8% 0.0%
SOFI LENDING CORP. $625,000 $145,000 -76.8% 0.0%
Stifel Bank and Trust $145,000 n/a 0.0%
Deere Employees Credit Union $135,000 n/a 0.0%
Orrstown Bank $135,000 n/a 0.0%
TOWER $135,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $805,000 $125,000 -84.5% 0.0%
MORIA DEVELOPMENT, INC. $125,000 n/a 0.0%
Service Federal Credit Union $125,000 n/a 0.0%
SOVEREIGN LENDING GROUP INCORPORATED $125,000 n/a 0.0%
Clearview Federal Credit Union $55,000 $120,000 118.2% 0.0%
AMERICAN HERITAGE LENDING, INC. $115,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $215,000 $115,000 -46.5% 0.0%
MEMBERS 1ST FEDERAL CREDIT UNION $655,000 $115,000 -82.4% 0.0%
MILEND, INC. $115,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $115,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $105,000 n/a 0.0%
Centric Bank $105,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $105,000 n/a 0.0%
Watermark Capital, Inc. $105,000 n/a 0.0%
AMERICAN ADVISORS GROUP $360,000 $100,000 -72.2% 0.0%
Fifth Third Bank $295,000 $95,000 -67.8% 0.0%
TOTAL MORTGAGE SERVICES, LLC $205,000 $95,000 -53.7% 0.0%
VILLAGE CAPITAL MORTGAGE $1,525,000 $95,000 -93.8% 0.0%
Figure Lending LLC $120,000 $90,000 -25.0% 0.0%
WEST PENN FINANCIAL SERVICE CENTER, INC. $135,000 $85,000 -37.0% 0.0%
LENDINGHOME FUNDING CORPORATION $75,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $2,535,000 $65,000 -97.4% 0.0%
The Huntington National Bank $700,000 $65,000 -90.7% 0.0%
Dollar Bank, Federal Savings Bank $115,000 $45,000 -60.9% 0.0%
Lakeview Community Capital, LLC $45,000 n/a 0.0%
SPRING EQ, LLC $305,000 $45,000 -85.2% 0.0%
PEOPLESBANK, A CODORUS VALLEY COMPANY $35,000 n/a 0.0%
PHH Mortgage Corporation $240,000 $35,000 -85.4% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

ALTOONA's top lender by overall market share is M&T Bank, with 11.9% market share. In second place, with 8.6%, is Reliance Savings Bank, having originated $37,130,000 in loans. In third place, with 7.1%, is First National Bank of Pennsylvania, having originated $30,670,000 in loans. In fourth place, with 6.1%, is Flagstar Bank, FSB, having originated $26,185,000 in loans. In fifth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $22,955,000 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 $134,925 (-3.6%) $175,445 (-13.0%) 0.00 310
2019-05-01 $131,625 (-5.9%) $176,748 (-5.2%) 0.00 336
2019-06-01 $130,000 (-7.1%) $174,418 (-6.1%) 0.00 363
2019-07-01 $129,925 (-6.7%) $173,557 (-5.1%) 0.00 382
2019-08-01 $133,536 (-3.2%) $177,291 (-2.1%) 0.00 387
2019-09-01 $131,491 (-2.6%) $175,777 (-3.3%) 0.00 396
2019-10-01 $129,900 (0.0%) $175,743 (-1.2%) 0.00 400
2019-11-01 $125,000 (-3.1%) $177,967 (4.5%) 0.00 377
2019-12-01 $124,775 (-0.2%) $175,228 (3.1%) 0.00 370
2020-01-01 $124,800 (-1.7%) $175,586 (1.3%) 0.00 349
2020-02-01 $124,900 (0.0%) $174,467 (1.3%) 0.00 323
2020-03-01 $124,975 (-2.7%) $177,821 (3.7%) 0.00 312
2020-04-01 $129,675 (-3.9%) $185,686 (5.8%) 0.00 299
2020-05-01 $139,250 (5.8%) $192,860 (9.1%) 0.00 300
2020-06-01 $136,950 (5.4%) $185,399 (6.3%) 0.00 284
2020-07-01 $149,700 (15.2%) $192,185 (10.7%) 0.00 263
2020-08-01 $145,000 (8.6%) $195,195 (10.1%) 0.00 259
2020-09-01 $142,225 (8.2%) $187,876 (6.9%) 0.00 250
2020-10-01 $143,400 (10.4%) $187,753 (6.8%) 0.00 241
2020-11-01 $144,925 (15.9%) $188,371 (5.9%) 0.00 203
2020-12-01 $149,000 (19.4%) $197,992 (13.0%) 0.00 182
2021-01-01 $145,900 (16.9%) $201,852 (15.0%) 0.00 180
2021-02-01 $143,450 (14.9%) $186,804 (7.1%) 0.00 160
2021-03-01 $148,450 (18.8%) $188,563 (6.0%) 0.00 140
2021-04-01 $157,325 (21.3%) $195,161 (5.1%) 0.00 128
2021-05-01 $149,900 (7.7%) $190,886 (-1.0%) 0.00 120
2021-06-01 $154,475 (12.8%) $195,612 (5.5%) 0.00 132
2021-07-01 $152,500 (1.9%) $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 (-0.7%) $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 $139,900 (-6.4%) $181,224 (-16.4%) 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
ALTOONA's median listing price for 2023-10-01 was $141,250, a difference of $1,350 (1.0%) versus the prior year and $1,350 versus the prior month.

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

ALTOONA's average listing price for 2023-10-01 was $199,844, a difference of $16,338 (8.9%) versus the prior year and $-795 versus the prior month.

For the 2023-10-01 period, ALTOONA had 192 MLS listings, a difference of 14 listings (8%) versus the prior month and 27 listings (16%) 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 1,957 sqft
2018-02-01 0 days 1,894 sqft
2018-03-01 0 days 1,822 sqft
2018-04-01 0 days 1,819 sqft
2018-05-01 0 days 1,760 sqft
2018-06-01 0 days 1,821 sqft
2018-07-01 0 days 1,760 sqft
2018-08-01 0 days 1,729 sqft
2018-09-01 0 days 1,773 sqft
2018-10-01 0 days 1,746 sqft
2018-11-01 0 days 1,686 sqft
2018-12-01 0 days 1,703 sqft
2019-01-01 0 days 1,706 sqft
2019-02-01 0 days 1,710 sqft
2019-03-01 0 days 1,741 sqft
2019-04-01 0 days 1,764 sqft
2019-05-01 0 days 1,807 sqft
2019-06-01 0 days 1,769 sqft
2019-07-01 0 days 1,798 sqft
2019-08-01 0 days 1,825 sqft
2019-09-01 0 days 1,796 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 1,796 sqft
2020-03-01 0 days 1,760 sqft
2020-04-01 0 days 1,725 sqft
2020-05-01 0 days 1,796 sqft
2020-06-01 0 days 1,777 sqft
2020-07-01 0 days 1,852 sqft
2020-08-01 0 days 1,819 sqft
2020-09-01 0 days 1,732 sqft
2020-10-01 0 days 1,736 sqft
2020-11-01 0 days 1,652 sqft
2020-12-01 0 days 1,681 sqft
2021-01-01 0 days 1,703 sqft
2021-02-01 0 days 1,803 sqft
2021-03-01 0 days 1,800 sqft
2021-04-01 0 days 1,805 sqft
2021-05-01 0 days 1,772 sqft
2021-06-01 0 days 1,784 sqft
2021-07-01 0 days 1,833 sqft
2021-08-01 0 days 1,767 sqft
2021-09-01 0 days 1,766 sqft
2021-10-01 0 days 1,742 sqft
2021-11-01 0 days 1,805 sqft
2021-12-01 0 days 1,788 sqft
2022-01-01 0 days 1,778 sqft
2022-02-01 0 days 1,773 sqft
2022-03-01 0 days 1,768 sqft
2022-04-01 0 days 1,786 sqft
2022-05-01 0 days 1,785 sqft
2022-06-01 0 days 1,778 sqft
2022-07-01 0 days 1,772 sqft
2022-08-01 0 days 1,792 sqft
2022-09-01 0 days 1,783 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 1,688 sqft
2023-07-01 0 days 1,743 sqft
2023-08-01 0 days 1,719 sqft
2023-09-01 0 days 1,691 sqft
2023-10-01 0 days 1,625 sqft
ALTOONA's median listing age (time on market) for 2023-10-01 was 0 days.

ALTOONA's median square footage for active listings during the 2023-10-01 period was 1,625 sqft. One year prior, the average listing was 1,720 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 $580 $590 $760 $970 $1,100
16601 Altoona, PA $530 $650 $790 $980 $1,070
16602 Altoona, PA $570 $690 $850 $1,050 $1,150
16603 Altoona, PA $550 $680 $830 $1,030 $1,130
16611 Altoona, PA $550 $680 $830 $1,030 $1,130
16613 Altoona, PA $590 $590 $760 $970 $1,110
16617 Altoona, PA $550 $670 $820 $1,010 $1,110
16625 Altoona, PA $560 $690 $840 $1,040 $1,140
16629 Altoona, PA $590 $600 $760 $980 $1,110
16631 Altoona, PA $600 $740 $900 $1,110 $1,220
16635 Altoona, PA $630 $780 $950 $1,170 $1,290
16636 Altoona, PA $760 $780 $1,000 $1,280 $1,450
16637 Altoona, PA $590 $730 $890 $1,100 $1,210
16641 Altoona, PA $630 $640 $820 $1,050 $1,190
16648 Altoona, PA $560 $690 $840 $1,040 $1,140
16655 Altoona, PA $530 $650 $790 $980 $1,070
16662 Altoona, PA $600 $740 $900 $1,110 $1,220
16665 Altoona, PA $540 $660 $810 $1,000 $1,100
16673 Altoona, PA $630 $780 $950 $1,170 $1,290
16682 Altoona, PA $560 $690 $840 $1,030 $1,130
16684 Altoona, PA $550 $680 $830 $1,030 $1,130
16686 Altoona, PA $780 $800 $910 $1,220 $1,240
16693 Altoona, PA $520 $620 $760 $940 $1,030
16870 Altoona, PA $840 $850 $980 $1,250 $1,330

2022 Average & Median Rent Data Statistics
ALTOONA, PA average 1BR rent: $695, median: $685
ALTOONA, PA average 2BR rent: $850, median: $835
ALTOONA, PA average 3BR rent: $1,064, median: $1,035

ALTOONA, PA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,217 $246,855,000 $202,839
Refi 687 $88,835,000 $129,309
Home Improvement 462 $29,560,000 $63,983
Cash Out Refi 339 $48,015,000 $141,637
Other 245 $16,405,000 $66,959

Altoona's most frequently cited loan purpose was Home Purchase, with 1,217 originations. The 2nd most popular reason was Refi, with 687 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 616 $84,080,000 $136,494
5-6% 530 $77,750,000 $146,698
4-5% 523 $84,595,000 $161,750
<2.5% 249 $22,785,000 $91,506
2.5-3% 248 $33,420,000 $134,758
6-7% 236 $30,290,000 $128,347
7-8% 58 $45,460,000 $783,793
Over 8% 37 $1,725,000 $46,622

During 2022, Altoona's most frequently originated rate bucket was 3-4%, with 616 originations.

Loan Sizing (ALTOONA, PA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,388 $74,280,000 $53,516
$100k-200k 1,071 $150,555,000 $140,574
$200k-400k 415 $109,005,000 $262,663
$400k-600k 56 $26,170,000 $467,321
$600k-1000k 10 $7,340,000 $734,000
$Over $1MM 10 $62,320,000 $6,232,000

ALTOONA's loan sizing saw the bucket of loans from $100,000 or less with 1,388 originations, totaling $74,280,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 925 $154,785,000 $167,335
60-80% 575 $94,205,000 $163,835
Under 20% 344 $10,960,000 $31,860
20-40% 342 $24,300,000 $71,053
40-60% 278 $49,360,000 $177,554
Over 100% 23 $45,155,000 $1,963,261

ALTOONA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 925 originations, totaling $154,785,000 in origination value.