BECKLEY 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 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%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BECKLEY, WV.

    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.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    QUICKEN LOANS, LLC 113 3.15% $5,037
    City National Bank of West Virginia 94 3.53% $1,108
    MOVEMENT MORTGAGE, LLC 74 3.38% $2,996
    First Community Bank 54 3.03% $3,161
    Truist 53 2.99% $3,067
    The Huntington National Bank 46 3.06% $3,830
    JPMorgan Chase Bank 43 3.29% $2,367
    PRIMELENDING, A PLAINSCAPITAL COMPANY 25 3.41% $4,815
    Summit Community Bank, Inc. 22 3.43% $2,914
    United Bank 15 3.02% $3,156
    LOANDEPOT.COM, LLC 15 3.13% $4,171
    Wells Fargo Bank 10 3.15% $2,499
    AMERISAVE MORTGAGE CORPORATION 9 2.94% $4,669
    Gateway First Bank 7 3.34% $4,631
    BETTER MORTGAGE CORPORATION 7 2.98% $3,144
    U.S. Bank 5 2.92% $3,800
    NAVY FEDERAL CREDIT UNION 5 3.80% $5,706
    STAR USA FEDERAL CREDIT UNION 5 3.13% $2,348
    Alcova Mortgage LLC 4 2.97% $3,354
    Victorian Finance, LLC 4 2.88% $3,021
    TOWNE MORTGAGE COMPANY 4 3.09% $5,706
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 3.12% $4,185
    CALIBER HOME LOANS, INC. 3 3.38% $3,107
    Citizens Bank 3 3.54% $5,406
    Fifth Third Bank 3 3.04% $3,749
    F & M BANK CORP. 3 3.25% $3,640
    ROYAL UNITED MORTGAGE LLC 2 3.63% $5,768
    BROKER SOLUTIONS, INC. 2 3.38% $5,556
    Ally Bank 2 3.06% $2,678
    Mortgage Research Center, LLC 2 2.94% $1,720
    George Mason Mortgage, LLC 2 3.63% $3,480
    Flagstar Bank, FSB 2 3.89% $2,347
    Wyndham Capital Mortgage, Inc. 2 2.88% $1,990
    FREEDOM MORTGAGE CORPORATION 2 3.06% $1,786
    TCF National Bank 1 3.38% $3,072
    AMERICAN FINANCING CORPORATION 1 2.99% $3,241
    AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $1,913
    APEX HOME LOANS, INC. 1 2.75% $3,289
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 3.88% $4,848
    Atlantic Union Bank 1 3.50% $3,176
    Bank of America 1 2.88% $3,019
    Blue Ridge Bank 1 3.25% $3,211
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.25% $3,488
    Carrington Mortgage Services, LLC 1 3.00% $6,071
    Chicago Mortgage Solutions LLC 1 3.37% $1,101
    Citibank 1 2.88% $2,797
    Clear Mountain Bank 1 2.88% $2,527
    CMG MORTGAGE, INC. 1 2.99% $3,630
    Community Trust Bank, Inc. 1 3.00% $4,105
    DAS Acquisition Company, LLC 1 2.75% $2,828
    Discover Bank 1 8.99% $0
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.99% $5,091
    FirstBank 1 2.75% $2,552
    First Home Bank 1 3.25% $3,553
    GUARANTEED RATE, INC. 1 3.13% $2,973
    HOME POINT FINANCIAL CORPORATION 1 3.25% $2,806
    Integrity Home Mortgage Corp 1 3.38% $4,030
    Magnolia Bank 1 3.25% $4,718
    NEWREZ LLC 1 3.25% $2,942
    PENTAGON FEDERAL CREDIT UNION 1 2.88% $1,468
    PHH Mortgage Corporation 1 4.38% $5,687
    Prosperity Home Mortgage, LLC 1 2.88% $5,155
    Renasant Bank 1 3.13% $3,199
    SHARONVIEW FEDERAL CREDIT UNION 1 2.75% $4,631
    SIRVA MORTGAGE, INC. 1 3.00% $0

    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. Louis
    Date 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 for 2023-02-01 was $155,000, a difference of $30,026 (24.0%) versus the prior year and $1,000 versus the prior month.

    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. Louis
    Date 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 listing age (time on market) for 2023-02-01 was 0 days.

    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.