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 6.95% for the week of 2024-06-13, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-06) was 6.89% and one month ago for the week of 2024-05-09, the average rate was 6.79%.

Altoona's average rate one year ago was 6.51%.

For refis of the same type during the week of 2024-06-13, the average rate was 6.95%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-13 6.95%
Altoona 30 Year Fixed Rate 2024-06-13 6.95%
Altoona 30 Year Fixed Rate Refi 2024-06-13 6.95%
Altoona 15 Year Fixed Rate 2024-06-13 6.37%
Altoona 15 Year Fixed Rate Refi 2024-06-13 6.37%
Altoona 30 Year FHA 2024-06-13 6.74%
Altoona 30 Year FHA Refi 2024-06-13 6.61%
Altoona 30 Year USDA 2024-06-13 6.61%
Altoona 30 Year USDA Refi 2024-06-13 6.81%
Altoona 30 Year VA 2024-06-13 6.4%
Altoona 30 Year VA Refi 2024-06-13 6.52%
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
ALTOONA's median listing price for 2024-05-01 was $141,250, a difference of $1,550 (1.1%) versus the prior year and $-12,300 versus the prior month.

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

ALTOONA's average listing price for 2024-05-01 was $186,440, a difference of $-3,808 (-2.0%) versus the prior year and $-15,932 versus the prior month.

For the 2024-05-01 period, ALTOONA had 175 MLS listings, a difference of 1 listings (1%) versus the prior month and 25 listings (17%) 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
ALTOONA's median listing age (time on market) for 2024-05-01 was 0 days.

ALTOONA's median square footage for active listings during the 2024-05-01 period was 1,645 sqft. One year prior, the average listing was 1,700 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.