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 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.