BECKLEY Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Beckley averaged
6.72%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.15% and
one month ago for the week of 2023-02-09, the
average rate was 6.44%.
Beckley's average rate one year ago was 4.07%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.82%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Beckley 30 Year Fixed Rate | 2023-03-16 | 6.72% |
Beckley 30 Year Fixed Rate Refi | 2023-03-16 | 6.82% |
Beckley 15 Year Fixed Rate | 2023-03-16 | 6.6% |
Beckley 15 Year Fixed Rate Refi | 2023-03-16 | 6.07% |
Beckley 30 Year FHA | 2023-03-16 | 6.78% |
Beckley 30 Year FHA Refi | 2023-03-16 | 6.71% |
Beckley 30 Year USDA | 2023-03-16 | 6.74% |
Beckley 30 Year USDA Refi | 2023-03-16 | 3.02% |
Beckley 30 Year VA | 2023-03-16 | 6.29% |
Beckley 30 Year VA Refi | 2023-03-16 | 6.07% |
BECKLEY 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 BECKLEY, WV 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.).
BECKLEY Average Closing Costs & Other Stats
BECKLEY, WV's 65 lenders originated 2,418
loans during 2021. The total origination value was $351,980,000, with an average loan value of
$145,567.
BECKLEY's average closing costs are $3,800.
The top BECKLEY lender as defined by loan originations is QUICKEN LOANS, LLC, with
113 loans originated. Their average total fees are
$5,037, which is $3,929
higher than the next largest lender,
City National Bank of West Virginia.
The lowest fee BECKLEY lenders (with over 10 loans originated) are
City National Bank of West Virginia ($1,108), JPMorgan Chase Bank ($2,367), Wells Fargo Bank ($2,499), Summit Community Bank, Inc. ($2,914) and MOVEMENT MORTGAGE, LLC ($2,996).
The lowest rate BECKLEY lenders (with over 10 loans originated) are
Truist (2.99%), United Bank (3.02%), First Community Bank (3.03%), The Huntington National Bank (3.06%) and LOANDEPOT.COM, LLC (3.13%).
BECKLEY, WV 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $34,335,000 | $52,440,000 | 52.7% | 14.9% |
MOVEMENT MORTGAGE, LLC | $27,475,000 | $33,645,000 | 22.5% | 9.6% |
The Huntington National Bank | $25,085,000 | $29,070,000 | 15.9% | 8.3% |
City National Bank of West Virginia | $36,125,000 | $29,025,000 | -19.7% | 8.2% |
First Community Bank | $13,320,000 | $24,080,000 | 80.8% | 6.8% |
Truist Bank | $21,225,000 | $20,315,000 | -4.3% | 5.8% |
Mortgage Research Center, LLC | $5,220,000 | $11,060,000 | 111.9% | 3.1% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $9,445,000 | $10,970,000 | 16.1% | 3.1% |
Summit Community Bank, Inc. | $10,140,000 | $10,670,000 | 5.2% | 3.0% |
JPMorgan Chase Bank | $7,885,000 | $10,305,000 | 30.7% | 2.9% |
LOANDEPOT.COM, LLC | $8,395,000 | $10,065,000 | 19.9% | 2.9% |
Fayette County National Bank | $10,875,000 | $9,295,000 | -14.5% | 2.6% |
FREEDOM MORTGAGE CORPORATION | $6,385,000 | $8,315,000 | 30.2% | 2.4% |
United Bank | $10,245,000 | $7,220,000 | -29.5% | 2.1% |
Merchants Bank of Indiana | $6,130,000 | n/a | 1.7% | |
AMERISAVE MORTGAGE CORPORATION | $2,585,000 | $5,695,000 | 120.3% | 1.6% |
Gateway First Bank | $2,480,000 | $3,535,000 | 42.5% | 1.0% |
Pendleton Community Bank, Inc. | $2,860,000 | $3,485,000 | 21.9% | 1.0% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $3,445,000 | $3,320,000 | -3.6% | 0.9% |
Wells Fargo Bank | $3,415,000 | $3,315,000 | -2.9% | 0.9% |
Alcova Mortgage LLC | $3,620,000 | $2,895,000 | -20.0% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $790,000 | $2,385,000 | 201.9% | 0.7% |
USAA Federal Savings Bank | $3,200,000 | $2,225,000 | -30.5% | 0.6% |
STAR USA FEDERAL CREDIT UNION | $3,365,000 | $2,185,000 | -35.1% | 0.6% |
LAKEVIEW LOAN SERVICING, LLC | $1,560,000 | $2,115,000 | 35.6% | 0.6% |
BETTER MORTGAGE CORPORATION | $1,175,000 | $2,110,000 | 79.6% | 0.6% |
NAVY FEDERAL CREDIT UNION | $2,385,000 | $1,895,000 | -20.5% | 0.5% |
Victorian Finance, LLC | $2,470,000 | $1,810,000 | -26.7% | 0.5% |
Flagstar Bank, FSB | $200,000 | $1,630,000 | 715.0% | 0.5% |
TOWNE MORTGAGE COMPANY | $1,590,000 | n/a | 0.5% | |
21ST MORTGAGE CORPORATION | $1,505,000 | $1,560,000 | 3.7% | 0.4% |
Premier Bank, Inc. | $2,225,000 | $1,530,000 | -31.2% | 0.4% |
U.S. Bank | $680,000 | $1,410,000 | 107.4% | 0.4% |
Arbor Realty Trust, Inc. | $1,355,000 | n/a | 0.4% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $720,000 | $1,185,000 | 64.6% | 0.3% |
BROKER SOLUTIONS, INC. | $1,100,000 | $1,175,000 | 6.8% | 0.3% |
The Poca Valley Bank, Inc. | $295,000 | $1,070,000 | 262.7% | 0.3% |
CALIBER HOME LOANS, INC. | $250,000 | $1,020,000 | 308.0% | 0.3% |
Customers Bank | $1,005,000 | n/a | 0.3% | |
CROSSCOUNTRY MORTGAGE, LLC | $1,345,000 | $990,000 | -26.4% | 0.3% |
MCNB Bank and Trust Co. | $3,900,000 | $950,000 | -75.6% | 0.3% |
VILLAGE CAPITAL & INVESTMENT LLC | $475,000 | $905,000 | 90.5% | 0.3% |
Citizens Bank | $210,000 | $880,000 | 319.0% | 0.3% |
Prosperity Home Mortgage, LLC | $865,000 | n/a | 0.2% | |
HOME POINT FINANCIAL CORPORATION | $470,000 | $820,000 | 74.5% | 0.2% |
Community First National Bank | $860,000 | $790,000 | -8.1% | 0.2% |
Carrington Mortgage Services, LLC | $765,000 | $765,000 | 0.0% | 0.2% |
Fifth Third Bank | $840,000 | $690,000 | -17.9% | 0.2% |
F & M BANK CORP. | $640,000 | n/a | 0.2% | |
Citizens Bank | $210,000 | $595,000 | 183.3% | 0.2% |
PNC Bank | $665,000 | $550,000 | -17.3% | 0.2% |
Wyndham Capital Mortgage, Inc. | $305,000 | $550,000 | 80.3% | 0.2% |
Chicago Mortgage Solutions LLC | $145,000 | $535,000 | 269.0% | 0.2% |
Atlantic Union Bank | $75,000 | $520,000 | 593.3% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $985,000 | $520,000 | -47.2% | 0.1% |
PHH Mortgage Corporation | $500,000 | n/a | 0.1% | |
First Home Bank | $235,000 | $480,000 | 104.3% | 0.1% |
Paramount Bank | $470,000 | n/a | 0.1% | |
First Federal Bank | $460,000 | $460,000 | 0.0% | 0.1% |
Magnolia Bank | $185,000 | $435,000 | 135.1% | 0.1% |
APEX HOME LOANS, INC. | $425,000 | n/a | 0.1% | |
AgFirst Farm Credit Bank | $115,000 | $415,000 | 260.9% | 0.1% |
Blue Ridge Bank | $85,000 | $405,000 | 376.5% | 0.1% |
Barrington Bank & Trust Company, N.A. | $465,000 | $385,000 | -17.2% | 0.1% |
Integrity Home Mortgage Corp | $380,000 | n/a | 0.1% | |
SHARONVIEW FEDERAL CREDIT UNION | $375,000 | n/a | 0.1% | |
George Mason Mortgage, LLC | $360,000 | n/a | 0.1% | |
Citibank | $95,000 | $355,000 | 273.7% | 0.1% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $385,000 | $350,000 | -9.1% | 0.1% |
AMERICAN FINANCING CORPORATION | $345,000 | n/a | 0.1% | |
Bank of England | $870,000 | $345,000 | -60.3% | 0.1% |
Nations Lending Corporation | $505,000 | $335,000 | -33.7% | 0.1% |
NEWREZ LLC | $370,000 | $335,000 | -9.5% | 0.1% |
Community Trust Bank, Inc. | $330,000 | n/a | 0.1% | |
Atlantic Coast Mortgage, LLC | $55,000 | $325,000 | 490.9% | 0.1% |
Mars Bank | $325,000 | n/a | 0.1% | |
Farm Credit of the Virginias, ACA | $65,000 | $295,000 | 353.8% | 0.1% |
SIRVA MORTGAGE, INC. | $295,000 | n/a | 0.1% | |
Renasant Bank | $205,000 | $285,000 | 39.0% | 0.1% |
Ally Bank | $245,000 | $280,000 | 14.3% | 0.1% |
Bank of America | $550,000 | $280,000 | -49.1% | 0.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $145,000 | $265,000 | 82.8% | 0.1% |
DIRECT MORTGAGE LOANS, LLC | $255,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $255,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $215,000 | $240,000 | 11.6% | 0.1% |
INTERCOASTAL MORTGAGE COMPANY | $225,000 | n/a | 0.1% | |
Ixonia Bank | $225,000 | n/a | 0.1% | |
WesBanco Bank, Inc. | $225,000 | n/a | 0.1% | |
AMERICAN FINANCIAL NETWORK, INC. | $215,000 | n/a | 0.1% | |
AMERICAN INTERNET MORTGAGE, INC. | $215,000 | n/a | 0.1% | |
Putnam County Bank | $205,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $175,000 | $200,000 | 14.3% | 0.1% |
Clear Mountain Bank | $300,000 | $195,000 | -35.0% | 0.1% |
The Ohio Valley Bank Company | $195,000 | n/a | 0.1% | |
Mr. Cooper ( Nationstar Mortgage ) | $1,310,000 | $190,000 | -85.5% | 0.1% |
Hometown Lenders, Inc. | $185,000 | n/a | 0.1% | |
TCF National Bank | $185,000 | n/a | 0.1% | |
The Federal Savings Bank | $1,280,000 | $175,000 | -86.3% | 0.0% |
FirstBank | $775,000 | $165,000 | -78.7% | 0.0% |
Deere Employees Credit Union | $110,000 | $155,000 | 40.9% | 0.0% |
Manufacturers and Traders Trust Company | $200,000 | $155,000 | -22.5% | 0.0% |
T2 FINANCIAL LLC | $145,000 | n/a | 0.0% | |
UNION HOME MORTGAGE CORP. | $125,000 | $145,000 | 16.0% | 0.0% |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $125,000 | $135,000 | 8.0% | 0.0% |
Clay County Bank, Inc. | $270,000 | $135,000 | -50.0% | 0.0% |
DAS Acquisition Company, LLC | $135,000 | n/a | 0.0% | |
GUARANTEED RATE, INC. | $590,000 | $135,000 | -77.1% | 0.0% |
OCEANSIDE MORTGAGE COMPANY | $145,000 | $135,000 | -6.9% | 0.0% |
RESIDENTIAL MORTGAGE SERVICES, INC. | $240,000 | $135,000 | -43.8% | 0.0% |
WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION | $135,000 | n/a | 0.0% | |
CONSTRUCTIVE LOANS, LLC | $125,000 | n/a | 0.0% | |
First Internet Bank of Indiana | $125,000 | n/a | 0.0% | |
Abbott Laboratories Employees Credit Union | $115,000 | n/a | 0.0% | |
CMG MORTGAGE, INC. | $390,000 | $115,000 | -70.5% | 0.0% |
GENEVA FINANCIAL, LLC | $115,000 | n/a | 0.0% | |
Discover Bank | $140,000 | $110,000 | -21.4% | 0.0% |
TJC Mortgage, Inc. | $195,000 | $105,000 | -46.2% | 0.0% |
LIBERTY HOME MORTGAGE CORPORATION | $780,000 | $95,000 | -87.8% | 0.0% |
Equity Prime Mortgage LLC | $85,000 | n/a | 0.0% | |
OPEN MORTGAGE, LLC | $75,000 | n/a | 0.0% | |
AMERICAN FINANCIAL RESOURCES, INC. | $180,000 | $55,000 | -69.4% | 0.0% |
POLARIS HOME FUNDING CORP. | $55,000 | n/a | 0.0% | |
ALLEGACY FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $295,000 | $45,000 | -84.7% | 0.0% |
CME Federal Credit Union | $45,000 | n/a | 0.0% | |
TIAA, FSB | $45,000 | n/a | 0.0% | |
CITIZENS EQUITY FIRST | $25,000 | n/a | 0.0% |
BECKLEY's top lender by overall market share is QUICKEN LOANS, LLC, with 14.9% market share. In second place, with 9.6%, is MOVEMENT MORTGAGE, LLC, having originated $33,645,000 in loans. In third place, with 8.3%, is The Huntington National Bank, having originated $29,070,000 in loans. In fourth place, with 8.2%, is City National Bank of West Virginia, having originated $29,025,000 in loans. In fifth place, with 6.8%, is First Community Bank, having originated $24,080,000 in loans.
BECKLEY Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BECKLEY (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $120,000 (-7.7%) | $165,999 (-5.0%) | 0.00 | 548 |
2018-02-01 | $119,950 (-9.3%) | $163,741 (-6.6%) | 0.00 | 537 |
2018-03-01 | $120,000 (-12.8%) | $167,842 (-4.7%) | 0.00 | 521 |
2018-04-01 | $127,600 (-8.2%) | $177,451 (-0.4%) | 0.00 | 499 |
2018-05-01 | $131,200 (-5.9%) | $181,460 (2.0%) | 0.00 | 513 |
2018-06-01 | $129,950 (-7.1%) | $183,342 (0.1%) | 0.00 | 569 |
2018-07-01 | $129,900 (-6.6%) | $179,015 (0.3%) | 0.00 | 595 |
2018-08-01 | $129,700 (-5.0%) | $177,899 (0.0%) | 0.00 | 614 |
2018-09-01 | $128,100 (-5.1%) | $176,913 (0.0%) | 0.00 | 619 |
2018-10-01 | $125,000 (-5.4%) | $179,899 (1.5%) | 0.00 | 584 |
2018-11-01 | $120,625 (-6.5%) | $178,641 (4.1%) | 0.00 | 532 |
2018-12-01 | $124,900 (0.0%) | $175,364 (4.5%) | 0.00 | 489 |
2019-01-01 | $122,475 (2.1%) | $174,636 (5.2%) | 0.00 | 444 |
2019-02-01 | $129,450 (7.9%) | $181,738 (11.0%) | 0.00 | 428 |
2019-03-01 | $134,100 (11.8%) | $187,380 (11.6%) | 0.00 | 427 |
2019-04-01 | $136,650 (7.1%) | $192,384 (8.4%) | 0.00 | 429 |
2019-05-01 | $139,700 (6.5%) | $200,167 (10.3%) | 0.00 | 458 |
2019-06-01 | $139,900 (7.7%) | $202,298 (10.3%) | 0.00 | 494 |
2019-07-01 | $139,900 (7.7%) | $205,281 (14.7%) | 0.00 | 488 |
2019-08-01 | $135,327 (4.3%) | $197,329 (10.9%) | 0.00 | 502 |
2019-09-01 | $128,393 (0.2%) | $185,961 (5.1%) | 0.00 | 525 |
2019-10-01 | $123,125 (-1.5%) | $179,706 (-0.1%) | 0.00 | 535 |
2019-11-01 | $119,900 (-0.6%) | $179,814 (0.7%) | 0.00 | 516 |
2019-12-01 | $119,000 (-4.7%) | $172,762 (-1.5%) | 0.00 | 500 |
2020-01-01 | $115,000 (-6.1%) | $166,463 (-4.7%) | 0.00 | 455 |
2020-02-01 | $125,000 (-3.4%) | $179,822 (-1.1%) | 0.00 | 395 |
2020-03-01 | $124,925 (-6.8%) | $180,299 (-3.8%) | 0.00 | 369 |
2020-04-01 | $122,475 (-10.4%) | $183,304 (-4.7%) | 0.00 | 333 |
2020-05-01 | $119,900 (-14.2%) | $178,431 (-10.9%) | 0.00 | 318 |
2020-06-01 | $115,750 (-17.3%) | $180,007 (-11.0%) | 0.00 | 312 |
2020-07-01 | $119,975 (-14.2%) | $192,664 (-6.2%) | 0.00 | 316 |
2020-08-01 | $122,670 (-9.4%) | $206,352 (4.6%) | 0.00 | 303 |
2020-09-01 | $115,875 (-9.8%) | $211,287 (13.6%) | 0.00 | 289 |
2020-10-01 | $114,900 (-6.7%) | $199,100 (10.8%) | 0.00 | 322 |
2020-11-01 | $115,500 (-3.7%) | $197,091 (9.6%) | 0.00 | 320 |
2020-12-01 | $119,950 (0.8%) | $199,677 (15.6%) | 0.00 | 288 |
2021-01-01 | $122,950 (6.9%) | $209,064 (25.6%) | 0.00 | 254 |
2021-02-01 | $135,000 (8.0%) | $220,628 (22.7%) | 0.00 | 219 |
2021-03-01 | $132,750 (6.3%) | $226,874 (25.8%) | 0.00 | 200 |
2021-04-01 | $135,000 (10.2%) | $238,834 (30.3%) | 0.00 | 170 |
2021-05-01 | $155,000 (29.3%) | $257,019 (44.0%) | 0.00 | 164 |
2021-06-01 | $157,000 (35.6%) | $249,436 (38.6%) | 0.00 | 178 |
2021-07-01 | $141,000 (17.5%) | $221,657 (15.1%) | 0.00 | 190 |
2021-08-01 | $131,000 (6.8%) | $214,540 (4.0%) | 0.00 | 191 |
2021-09-01 | $139,125 (20.1%) | $228,585 (8.2%) | 0.00 | 184 |
2021-10-01 | $145,000 (26.2%) | $223,286 (12.2%) | 0.00 | 172 |
2021-11-01 | $133,700 (15.8%) | $217,195 (10.2%) | 0.00 | 158 |
2021-12-01 | $125,975 (5.0%) | $228,541 (14.5%) | 0.00 | 145 |
2022-01-01 | $127,000 (3.3%) | $236,744 (13.2%) | 0.00 | 125 |
2022-02-01 | $124,974 (-7.4%) | $222,785 (1.0%) | 0.00 | 119 |
2022-03-01 | $139,975 (5.4%) | $250,526 (10.4%) | 0.00 | 110 |
2022-04-01 | $132,200 (-2.1%) | $241,537 (1.1%) | 0.00 | 124 |
2022-05-01 | $141,200 (-8.9%) | $237,057 (-7.8%) | 0.00 | 120 |
2022-06-01 | $143,225 (-8.8%) | $243,038 (-2.6%) | 0.00 | 136 |
2022-07-01 | $139,000 (-1.4%) | $228,418 (3.1%) | 0.00 | 156 |
2022-08-01 | $154,450 (17.9%) | $239,934 (11.8%) | 0.00 | 180 |
2022-09-01 | $160,875 (15.6%) | $257,250 (12.5%) | 0.00 | 175 |
2022-10-01 | $153,000 (5.5%) | $263,103 (17.8%) | 0.00 | 191 |
2022-11-01 | $165,000 (23.4%) | $269,507 (24.1%) | 0.00 | 181 |
2022-12-01 | $153,950 (22.2%) | $249,872 (9.3%) | 0.00 | 183 |
2023-01-01 | $154,000 (21.3%) | $256,931 (8.5%) | 0.00 | 170 |
2023-02-01 | $155,000 (24.0%) | $285,541 (28.2%) | 0.00 | 154 |
BECKLEY's median listing price comes in at 0% of the national average.
BECKLEY's average listing price for 2023-02-01 was $285,541, a difference of $62,756 (28.2%) versus the prior year and $28,610 versus the prior month.
For the 2023-02-01 period, BECKLEY had 154 MLS listings, a difference of -16 listings (-9%) versus the prior month and 35 listings (29%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BECKLEY (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,773 sqft |
2018-02-01 | 0 days | 1,755 sqft |
2018-03-01 | 0 days | 1,750 sqft |
2018-04-01 | 0 days | 1,750 sqft |
2018-05-01 | 0 days | 1,764 sqft |
2018-06-01 | 0 days | 1,764 sqft |
2018-07-01 | 0 days | 1,760 sqft |
2018-08-01 | 0 days | 1,738 sqft |
2018-09-01 | 0 days | 1,745 sqft |
2018-10-01 | 0 days | 1,738 sqft |
2018-11-01 | 0 days | 1,708 sqft |
2018-12-01 | 0 days | 1,686 sqft |
2019-01-01 | 0 days | 1,667 sqft |
2019-02-01 | 0 days | 1,725 sqft |
2019-03-01 | 0 days | 1,768 sqft |
2019-04-01 | 0 days | 1,797 sqft |
2019-05-01 | 0 days | 1,842 sqft |
2019-06-01 | 0 days | 1,859 sqft |
2019-07-01 | 0 days | 1,878 sqft |
2019-08-01 | 0 days | 1,887 sqft |
2019-09-01 | 0 days | 1,885 sqft |
2019-10-01 | 0 days | 1,883 sqft |
2019-11-01 | 0 days | 1,892 sqft |
2019-12-01 | 0 days | 1,847 sqft |
2020-01-01 | 0 days | 1,808 sqft |
2020-02-01 | 0 days | 1,740 sqft |
2020-03-01 | 0 days | 1,677 sqft |
2020-04-01 | 0 days | 1,622 sqft |
2020-05-01 | 0 days | 1,657 sqft |
2020-06-01 | 0 days | 1,651 sqft |
2020-07-01 | 0 days | 1,741 sqft |
2020-08-01 | 0 days | 1,824 sqft |
2020-09-01 | 0 days | 1,738 sqft |
2020-10-01 | 0 days | 1,591 sqft |
2020-11-01 | 0 days | 1,590 sqft |
2020-12-01 | 0 days | 1,580 sqft |
2021-01-01 | 0 days | 1,584 sqft |
2021-02-01 | 0 days | 1,617 sqft |
2021-03-01 | 0 days | 1,672 sqft |
2021-04-01 | 0 days | 1,675 sqft |
2021-05-01 | 0 days | 1,812 sqft |
2021-06-01 | 0 days | 1,800 sqft |
2021-07-01 | 0 days | 1,752 sqft |
2021-08-01 | 0 days | 1,724 sqft |
2021-09-01 | 0 days | 1,695 sqft |
2021-10-01 | 0 days | 1,695 sqft |
2021-11-01 | 0 days | 1,695 sqft |
2021-12-01 | 0 days | 1,663 sqft |
2022-01-01 | 0 days | 1,575 sqft |
2022-02-01 | 0 days | 1,580 sqft |
2022-03-01 | 0 days | 1,688 sqft |
2022-04-01 | 0 days | 1,596 sqft |
2022-05-01 | 0 days | 1,579 sqft |
2022-06-01 | 0 days | 1,604 sqft |
2022-07-01 | 0 days | 1,584 sqft |
2022-08-01 | 0 days | 1,636 sqft |
2022-09-01 | 0 days | 1,649 sqft |
2022-10-01 | 0 days | 1,530 sqft |
2022-11-01 | 0 days | 1,598 sqft |
2022-12-01 | 0 days | 1,537 sqft |
2023-01-01 | 0 days | 1,523 sqft |
2023-02-01 | 0 days | 1,540 sqft |
BECKLEY's median square footage for active listings during the 2023-02-01 period was 1,540 sqft. One year prior, the average listing was 1,580 sqft.
BECKLEY, WV Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,153 | $180,345,000 | $156,414 |
Refi | 790 | $116,770,000 | $147,810 |
Cash Out Refi | 264 | $38,780,000 | $146,894 |
Home Improvement | 112 | $7,310,000 | $65,268 |
Other | 99 | $8,775,000 | $88,636 |
Beckley's most frequently cited loan purpose was Home Purchase, with 1,153 originations. The 2nd most popular reason was Refi, with 790 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 927 | $135,625,000 | $146,305 |
2.5-3% | 757 | $123,985,000 | $163,785 |
<2.5% | 359 | $55,425,000 | $154,387 |
4-5% | 134 | $13,360,000 | $99,701 |
Over 8% | 28 | $1,990,000 | $71,071 |
7-8% | 17 | $1,205,000 | $70,882 |
6-7% | 16 | $1,610,000 | $100,625 |
5-6% | 10 | $940,000 | $94,000 |
During 2021, Beckley's most frequently originated rate bucket was 3-4%, with 927 originations.
Loan Sizing (BECKLEY, WV MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 1,032 | $147,750,000 | $143,169 |
$100,000 or less | 908 | $57,870,000 | $63,733 |
$200k-400k | 429 | $112,455,000 | $262,133 |
$400k-600k | 35 | $16,915,000 | $483,286 |
$600k-1000k | 8 | $6,330,000 | $791,250 |
$Over $1MM | 6 | $10,660,000 | $1,776,667 |
BECKLEY's loan sizing saw the bucket of loans from $100k-200k with 1,032 originations, totaling $147,750,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 1,131 | $182,335,000 | $161,216 |
60-80% | 593 | $95,195,000 | $160,531 |
40-60% | 223 | $27,295,000 | $122,399 |
20-40% | 135 | $10,285,000 | $76,185 |
Under 20% | 68 | $1,920,000 | $28,235 |
Over 100% | 24 | $5,090,000 | $212,083 |
BECKLEY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,131 originations, totaling $182,335,000 in origination value.