Bluefield 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 Bluefield averaged 6.93% 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 7.16% and one month ago for the week of 2023-02-09, the average rate was 6.45%.

    Bluefield's average rate one year ago was 3.79%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.91%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Bluefield 30 Year Fixed Rate 2023-03-16 6.93%
    Bluefield 30 Year Fixed Rate Refi 2023-03-16 6.91%
    Bluefield 15 Year Fixed Rate 2023-03-16 7.08%
    Bluefield 15 Year Fixed Rate Refi 2023-03-16 6.42%
    Bluefield 30 Year FHA 2023-03-16 6.28%
    Bluefield 30 Year FHA Refi 2023-03-16 6.06%
    Bluefield 30 Year USDA 2023-03-16 6.7%
    Bluefield 30 Year USDA Refi 2023-03-16 6.05%
    Bluefield 30 Year VA 2023-03-16 6.5%
    Bluefield 30 Year VA Refi 2023-03-16 6.08%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bluefield, WV-VA.

    Bluefield 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 Bluefield, WV-VA 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
    First Community Bank 82 4.49% $3,282
    PRIMELENDING, A PLAINSCAPITAL COMPANY 44 5.30% $4,799
    Atlantic Union Bank 41 5.30% $5,030
    QUICKEN LOANS, LLC 39 4.76% $5,345
    Summit Community Bank, Inc. 20 5.45% $3,102
    MOVEMENT MORTGAGE, LLC 17 5.01% $4,036
    Truist 15 4.80% $3,710
    City National Bank of West Virginia 12 4.41% $1,496
    Alcova Mortgage LLC 9 5.03% $3,392
    New Peoples Bank, Inc. 9 5.65% $3,039
    Wells Fargo Bank 8 4.97% $4,494
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 7 4.77% $5,442
    FIRST BANCORP, INC. 5 6.30% $4,173
    NAVY FEDERAL CREDIT UNION 5 4.28% $4,034
    AMERISAVE MORTGAGE CORPORATION 4 4.94% $8,167
    TOWNE MORTGAGE COMPANY 4 4.84% $4,689
    Celco Community Federal Credit Union 3 5.25% $1,655
    First Reliance Bank 3 6.54% $3,140
    Farm Credit of the Virginias, ACA 3 6.23% $4,288
    Renasant Bank 2 3.88% $5,303
    Mr. Cooper ( Nationstar Mortgage ) 2 4.62% $7,389
    CHURCHILL MORTGAGE CORPORATION 2 4.81% $3,107
    LOANDEPOT.COM, LLC 2 4.13% $6,435
    EMBRACE HOME LOANS, INC. 2 4.19% $3,532
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.13% $5,650
    Virginia Credit Union, Inc. 2 4.38% $3,493
    BETTER MORTGAGE CORPORATION 2 4.06% $5,659
    Citizens Bank 2 3.75% $3,864
    21ST MORTGAGE CORPORATION 2 6.18% $5,565
    FREEDOM FIRST 2 4.56% $4,703
    JPMorgan Chase Bank 2 6.25% $3,599
    NEWREZ LLC 2 6.50% $3,915
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 4.25% $6,074
    ZILLOW HOME LOANS, LLC 1 5.63% $5,360
    Ally Bank 1 3.25% $2,622
    AMERICAN FINANCING CORPORATION 1 4.88% $3,958
    Barrington Bank & Trust Company, N.A. 1 7.13% $6,870
    Blue Ridge Bank 1 7.38% $4,051
    BROKER SOLUTIONS, INC. 1 4.25% $3,831
    CALIBER HOME LOANS, INC. 1 5.63% $4,152
    CBM Mortgage, Inc. 1 5.75% $3,176
    C & F Mortgage Corporation 1 3.38% $3,763
    Chicago Mortgage Solutions LLC 1 5.61% $3,080
    CMG MORTGAGE, INC. 1 4.50% $2,287
    CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $5,528
    EASTMAN 1 4.75% $2,265
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.63% $2,218
    First-Citizens Bank & Trust Company 1 2.50% $1,308
    F & M BANK CORP. 1 7.00% $5,675
    FREEDOM MORTGAGE CORPORATION 1 3.99% $3,078
    GUARANTY HOME MORTGAGE CORPORATION 1 7.25% $3,213
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.25% $3,344
    Hometown Lenders, Inc. 1 5.62% $4,132
    M&T Bank 1 7.63% $4,866
    NASA Federal Credit Union 1 3.13% $4,532
    NBKC BANK 1 5.13% $2,692
    Paramount Residential Mortgage Group, Inc. 1 5.50% $5,496
    PENNYMAC LOAN SERVICES, LLC 1 3.63% $4,433
    Pinnacle Bank 1 3.88% $3,547
    Prosperity Home Mortgage, LLC 1 4.38% $3,332
    ROYAL UNITED MORTGAGE LLC 1 5.75% $6,145
    Truliant Federal Credit Union 1 3.88% $2,466
    UNION HOME MORTGAGE CORP. 1 3.75% $6,245
    Waterstone Mortgage Corporation 1 3.13% $6,133

    Bluefield Average Closing Costs & Other Stats

    Bluefield, WV-VA's 64 lenders originated 1,382 loans during 2022. The total origination value was $210,960,000, with an average loan value of $152,648.

    Bluefield's average closing costs are $4,537.

    The top Bluefield lender as defined by loan originations is First Community Bank, with 82 loans originated. Their average total fees are $3,282, which is $1,517 lower than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

    The lowest fee Bluefield lenders (with over 10 loans originated) are City National Bank of West Virginia ($1,496), Summit Community Bank, Inc. ($3,102), First Community Bank ($3,282), Truist ($3,710) and MOVEMENT MORTGAGE, LLC ($4,036).

    The lowest rate Bluefield lenders (with over 10 loans originated) are City National Bank of West Virginia (4.41%), First Community Bank (4.49%), QUICKEN LOANS, LLC (4.76%), Truist (4.80%) and MOVEMENT MORTGAGE, LLC (5.01%).

    Bluefield, WV-VA 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
    First Community Bank $52,630,000 $35,520,000 -32.5% 16.8%
    Atlantic Union Bank $31,340,000 $27,875,000 -11.1% 13.2%
    QUICKEN LOANS, LLC $30,945,000 $16,100,000 -48.0% 7.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $12,235,000 $12,685,000 3.7% 6.0%
    MOVEMENT MORTGAGE, LLC $14,325,000 $11,955,000 -16.5% 5.7%
    ValleyStar Credit Union $8,140,000 n/a 3.9%
    Truist $11,560,000 $7,485,000 -35.3% 3.5%
    Summit Community Bank, Inc. $13,670,000 $7,425,000 -45.7% 3.5%
    New Peoples Bank, Inc. $11,465,000 $6,365,000 -44.5% 3.0%
    MCNB Bank and Trust Co. $3,285,000 $5,070,000 54.3% 2.4%
    Mortgage Research Center, LLC $5,025,000 $4,780,000 -4.9% 2.3%
    Wells Fargo Bank $2,680,000 $4,035,000 50.6% 1.9%
    City National Bank of West Virginia $2,690,000 $3,715,000 38.1% 1.8%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $8,720,000 $3,450,000 -60.4% 1.6%
    NATIONAL BANKSHARES, INC. $2,130,000 $3,155,000 48.1% 1.5%
    Alcova Mortgage LLC $2,860,000 $2,745,000 -4.0% 1.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,380,000 $2,660,000 -21.3% 1.3%
    Renasant Bank $3,480,000 $2,315,000 -33.5% 1.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $2,930,000 $2,215,000 -24.4% 1.0%
    AMERISAVE MORTGAGE CORPORATION $3,345,000 $1,940,000 -42.0% 0.9%
    NAVY FEDERAL CREDIT UNION $1,755,000 $1,855,000 5.7% 0.9%
    FIRST BANCORP, INC. $3,340,000 $1,675,000 -49.9% 0.8%
    TOWNE MORTGAGE COMPANY $2,245,000 $1,670,000 -25.6% 0.8%
    Blue Ridge Bank $3,160,000 $1,540,000 -51.3% 0.7%
    Farm Credit of the Virginias, ACA $885,000 $1,405,000 58.8% 0.7%
    21ST MORTGAGE CORPORATION $2,700,000 $1,370,000 -49.3% 0.6%
    PENNYMAC LOAN SERVICES, LLC $2,025,000 $1,270,000 -37.3% 0.6%
    FREEDOM FIRST $75,000 $1,220,000 1,526.7% 0.6%
    The Bank of Marion $360,000 $1,180,000 227.8% 0.6%
    FREEDOM MORTGAGE CORPORATION $5,255,000 $1,125,000 -78.6% 0.5%
    LOANDEPOT.COM, LLC $4,390,000 $1,075,000 -75.5% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,905,000 $1,045,000 -45.1% 0.5%
    Citizens Bank $880,000 $765,000 -13.1% 0.4%
    BROKER SOLUTIONS, INC. $670,000 $735,000 9.7% 0.3%
    Celco Community Federal Credit Union $690,000 n/a 0.3%
    NEWREZ LLC $535,000 $665,000 24.3% 0.3%
    BETTER MORTGAGE CORPORATION $700,000 $645,000 -7.9% 0.3%
    CALIBER HOME LOANS, INC. $915,000 $630,000 -31.1% 0.3%
    EASTMAN $1,305,000 $625,000 -52.1% 0.3%
    UNION HOME MORTGAGE CORP. $615,000 n/a 0.3%
    USAA Federal Savings Bank $1,560,000 $610,000 -60.9% 0.3%
    Flagstar Bank, FSB $55,000 $605,000 1,000.0% 0.3%
    Barrington Bank & Trust Company, N.A. $1,555,000 $580,000 -62.7% 0.3%
    Skyline National Bank $455,000 $580,000 27.5% 0.3%
    CHURCHILL MORTGAGE CORPORATION $160,000 $575,000 259.4% 0.3%
    Waterstone Mortgage Corporation $575,000 n/a 0.3%
    Paramount Residential Mortgage Group, Inc. $215,000 $525,000 144.2% 0.2%
    CMG MORTGAGE, INC. $510,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $140,000 $480,000 242.9% 0.2%
    Truliant Federal Credit Union $1,310,000 $440,000 -66.4% 0.2%
    Carrington Mortgage Services, LLC $910,000 $435,000 -52.2% 0.2%
    UNITED WHOLESALE MORTGAGE, LLC $515,000 $420,000 -18.4% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,015,000 $415,000 -59.1% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $415,000 n/a 0.2%
    JPMorgan Chase Bank $715,000 $395,000 -44.8% 0.2%
    HANCOCK MORTGAGE PARTNERS, LLC $145,000 $375,000 158.6% 0.2%
    The Huntington National Bank $510,000 $375,000 -26.5% 0.2%
    First Reliance Bank $365,000 n/a 0.2%
    EMBRACE HOME LOANS, INC. $1,180,000 $360,000 -69.5% 0.2%
    The First National Bank of Peterstown $360,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $2,140,000 $345,000 -83.9% 0.2%
    Virginia Credit Union, Inc. $530,000 $335,000 -36.8% 0.2%
    ROYAL UNITED MORTGAGE LLC $190,000 $310,000 63.2% 0.1%
    RESIDENTIAL BANCORP. $305,000 n/a 0.1%
    U.S. Bank $635,000 $295,000 -53.5% 0.1%
    First Federal Bank of the Midwest $285,000 n/a 0.1%
    Nations Lending Corporation $355,000 $285,000 -19.7% 0.1%
    Gateway First Bank $95,000 $260,000 173.7% 0.1%
    GUARANTEED RATE, INC. $105,000 $255,000 142.9% 0.1%
    CRESCENT MORTGAGE COMPANY $245,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $245,000 n/a 0.1%
    F & M BANK CORP. $235,000 n/a 0.1%
    NBKC BANK $225,000 n/a 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $425,000 $220,000 -48.2% 0.1%
    SIRVA MORTGAGE, INC. $215,000 n/a 0.1%
    CBM Mortgage, Inc. $290,000 $200,000 -31.0% 0.1%
    NASA Federal Credit Union $195,000 n/a 0.1%
    HOME POINT FINANCIAL CORPORATION $725,000 $185,000 -74.5% 0.1%
    NFM, INC. $85,000 $185,000 117.6% 0.1%
    Pinnacle Bank $185,000 n/a 0.1%
    Figure Lending LLC $180,000 n/a 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $175,000 n/a 0.1%
    LOANPAL, LLC $175,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $165,000 n/a 0.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $155,000 n/a 0.1%
    Sierra Pacific Mortgage Company, Inc. $385,000 $155,000 -59.7% 0.1%
    The Federal Savings Bank $155,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $170,000 $150,000 -11.8% 0.1%
    NBH Bank $150,000 n/a 0.1%
    C & F Mortgage Corporation $115,000 $145,000 26.1% 0.1%
    VAN DYK MORTGAGE CORPORATION $145,000 n/a 0.1%
    Discover Bank $170,000 $140,000 -17.6% 0.1%
    EMM LOANS LLC $135,000 n/a 0.1%
    North State Bank $135,000 n/a 0.1%
    Pendleton Community Bank, Inc. $95,000 $135,000 42.1% 0.1%
    SPRING EQ, LLC $135,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $125,000 $125,000 0.0% 0.1%
    First Guaranty Mortgage Corporation $230,000 $125,000 -45.7% 0.1%
    ZILLOW HOME LOANS, LLC $125,000 n/a 0.1%
    First United Corporation $115,000 n/a 0.1%
    INTERLINC MORTGAGE SERVICES, LLC $115,000 n/a 0.1%
    BANK OF LITTLE ROCK MORTGAGE CORPORATION $105,000 n/a 0.0%
    EVERETT FINANCIAL, INC. $105,000 n/a 0.0%
    First-Citizens Bank & Trust Company $85,000 $105,000 23.5% 0.0%
    LENDINGHOME FUNDING CORPORATION $105,000 n/a 0.0%
    Mars Bank $105,000 n/a 0.0%
    MUTUAL OF OMAHA MORTGAGE, INC. $165,000 $105,000 -36.4% 0.0%
    NUMARK CREDIT UNION $105,000 n/a 0.0%
    Ally Bank $105,000 $95,000 -9.5% 0.0%
    M&T Bank $135,000 $95,000 -29.6% 0.0%
    Chicago Mortgage Solutions LLC $240,000 $85,000 -64.6% 0.0%
    PNC Bank $110,000 $85,000 -22.7% 0.0%
    STOCKTON MORTGAGE CORPORATION $200,000 $85,000 -57.5% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $35,000 $85,000 142.9% 0.0%
    NEW DAY FINANCIAL, LLC $525,000 $75,000 -85.7% 0.0%
    United Bank $1,705,000 $75,000 -95.6% 0.0%
    Hometown Lenders, Inc. $185,000 $55,000 -70.3% 0.0%
    BancorpSouth Bank $35,000 n/a 0.0%
    United States Senate Federal Credit Union $35,000 n/a 0.0%
    Consolidated Federal Credit Union $25,000 n/a 0.0%
    DUPACO COMMUNITY $125,000 $25,000 -80.0% 0.0%

    Bluefield's top lender by overall market share is First Community Bank, with 16.8% market share. In second place, with 13.2%, is Atlantic Union Bank, having originated $27,875,000 in loans. In third place, with 7.6%, is QUICKEN LOANS, LLC, having originated $16,100,000 in loans. In fourth place, with 6.0%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $12,685,000 in loans. In fifth place, with 5.7%, is MOVEMENT MORTGAGE, LLC, having originated $11,955,000 in loans.

    Bluefield Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Bluefield (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 $125,350 (0.3%) $172,362 (2.3%) 0.00 528
    2018-02-01 $125,000 (0.0%) $175,156 (3.5%) 0.00 521
    2018-03-01 $119,900 (-5.3%) $174,905 (-1.2%) 0.00 521
    2018-04-01 $126,200 (-2.2%) $178,630 (2.4%) 0.00 506
    2018-05-01 $126,075 (0.9%) $179,130 (5.8%) 0.00 534
    2018-06-01 $125,000 (0.2%) $182,753 (6.9%) 0.00 558
    2018-07-01 $125,725 (0.7%) $183,102 (6.0%) 0.00 581
    2018-08-01 $129,900 (4.0%) $183,130 (6.8%) 0.00 591
    2018-09-01 $139,900 (11.9%) $191,208 (10.1%) 0.00 587
    2018-10-01 $134,900 (8.0%) $188,064 (7.9%) 0.00 589
    2018-11-01 $136,250 (9.0%) $190,374 (9.3%) 0.00 545
    2018-12-01 $134,500 (7.6%) $192,089 (11.4%) 0.00 518
    2019-01-01 $129,950 (3.7%) $189,154 (9.7%) 0.00 482
    2019-02-01 $129,900 (3.9%) $186,266 (6.3%) 0.00 464
    2019-03-01 $132,064 (10.2%) $173,562 (-0.8%) 0.00 482
    2019-04-01 $132,989 (5.4%) $171,264 (-4.1%) 0.00 506
    2019-05-01 $129,974 (3.1%) $170,257 (-5.0%) 0.00 527
    2019-06-01 $132,250 (5.8%) $172,837 (-5.4%) 0.00 551
    2019-07-01 $132,250 (5.2%) $171,308 (-6.4%) 0.00 582
    2019-08-01 $135,591 (4.4%) $173,401 (-5.3%) 0.00 578
    2019-09-01 $137,227 (-1.9%) $176,392 (-7.8%) 0.00 559
    2019-10-01 $138,318 (2.5%) $178,387 (-5.2%) 0.00 540
    2019-11-01 $135,000 (-0.9%) $184,580 (-3.0%) 0.00 505
    2019-12-01 $131,213 (-2.4%) $183,554 (-4.4%) 0.00 462
    2020-01-01 $129,900 (0.0%) $181,884 (-3.8%) 0.00 439
    2020-02-01 $129,975 (0.1%) $185,268 (-0.5%) 0.00 438
    2020-03-01 $134,500 (1.8%) $190,542 (9.8%) 0.00 420
    2020-04-01 $135,000 (1.5%) $196,505 (14.7%) 0.00 403
    2020-05-01 $135,900 (4.6%) $201,865 (18.6%) 0.00 365
    2020-06-01 $139,925 (5.8%) $201,313 (16.5%) 0.00 348
    2020-07-01 $139,050 (5.1%) $210,227 (22.7%) 0.00 326
    2020-08-01 $145,000 (6.9%) $232,560 (34.1%) 0.00 299
    2020-09-01 $149,900 (9.2%) $241,094 (36.7%) 0.00 293
    2020-10-01 $152,250 (10.1%) $243,856 (36.7%) 0.00 306
    2020-11-01 $149,900 (11.0%) $229,978 (24.6%) 0.00 303
    2020-12-01 $148,250 (13.0%) $214,580 (16.9%) 0.00 285
    2021-01-01 $149,900 (15.4%) $220,386 (21.2%) 0.00 260
    2021-02-01 $152,225 (17.1%) $219,133 (18.3%) 0.00 235
    2021-03-01 $152,450 (13.4%) $220,941 (16.0%) 0.00 213
    2021-04-01 $157,450 (16.6%) $231,492 (17.8%) 0.00 201
    2021-05-01 $142,900 (5.2%) $240,173 (19.0%) 0.00 203
    2021-06-01 $139,450 (-0.3%) $246,183 (22.3%) 0.00 185
    2021-07-01 $139,900 (0.6%) $245,197 (16.6%) 0.00 194
    2021-08-01 $139,675 (-3.7%) $241,208 (3.7%) 0.00 195
    2021-09-01 $139,000 (-7.3%) $238,502 (-1.1%) 0.00 190
    2021-10-01 $134,950 (-11.4%) $222,296 (-8.8%) 0.00 188
    2021-11-01 $139,900 (-6.7%) $232,497 (1.1%) 0.00 173
    2021-12-01 $139,900 (-5.6%) $235,655 (9.8%) 0.00 158
    2022-01-01 $139,950 (-6.6%) $234,570 (6.4%) 0.00 143
    2022-02-01 $148,750 (-2.3%) $247,907 (13.1%) 0.00 128
    2022-03-01 $149,200 (-2.1%) $255,896 (15.8%) 0.00 112
    2022-04-01 $149,900 (-4.8%) $267,162 (15.4%) 0.00 116
    2022-05-01 $153,450 (7.4%) $260,756 (8.6%) 0.00 133
    2022-06-01 $151,950 (9.0%) $257,260 (4.5%) 0.00 140
    2022-07-01 $149,450 (6.8%) $258,847 (5.6%) 0.00 160
    2022-08-01 $154,925 (10.9%) $256,924 (6.5%) 0.00 167
    2022-09-01 $164,000 (18.0%) $263,894 (10.7%) 0.00 165
    2022-10-01 $169,450 (25.6%) $262,105 (17.9%) 0.00 161
    2022-11-01 $159,000 (13.7%) $244,564 (5.2%) 0.00 158
    2022-12-01 $169,000 (20.8%) $269,742 (14.5%) 0.00 162
    2023-01-01 $168,000 (20.0%) $273,081 (16.4%) 0.00 141
    2023-02-01 $179,000 (20.3%) $276,835 (11.7%) 0.00 126
    Bluefield's median listing price for 2023-02-01 was $179,000, a difference of $30,250 (20.3%) versus the prior year and $11,000 versus the prior month.

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

    Bluefield's average listing price for 2023-02-01 was $276,835, a difference of $28,928 (11.7%) versus the prior year and $3,754 versus the prior month.

    For the 2023-02-01 period, Bluefield had 126 MLS listings, a difference of -15 listings (-11%) versus the prior month and -2 listings (-2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bluefield (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,652 sqft
    2018-02-01 0 days 1,646 sqft
    2018-03-01 0 days 1,646 sqft
    2018-04-01 0 days 1,656 sqft
    2018-05-01 0 days 1,664 sqft
    2018-06-01 0 days 1,680 sqft
    2018-07-01 0 days 1,676 sqft
    2018-08-01 0 days 1,680 sqft
    2018-09-01 0 days 1,725 sqft
    2018-10-01 0 days 1,695 sqft
    2018-11-01 0 days 1,680 sqft
    2018-12-01 0 days 1,656 sqft
    2019-01-01 0 days 1,656 sqft
    2019-02-01 0 days 1,674 sqft
    2019-03-01 0 days 1,659 sqft
    2019-04-01 0 days 1,653 sqft
    2019-05-01 0 days 1,663 sqft
    2019-06-01 0 days 1,668 sqft
    2019-07-01 0 days 1,686 sqft
    2019-08-01 0 days 1,701 sqft
    2019-09-01 0 days 1,701 sqft
    2019-10-01 0 days 1,701 sqft
    2019-11-01 0 days 1,689 sqft
    2019-12-01 0 days 1,642 sqft
    2020-01-01 0 days 1,664 sqft
    2020-02-01 0 days 1,670 sqft
    2020-03-01 0 days 1,697 sqft
    2020-04-01 0 days 1,702 sqft
    2020-05-01 0 days 1,750 sqft
    2020-06-01 0 days 1,747 sqft
    2020-07-01 0 days 1,742 sqft
    2020-08-01 0 days 1,788 sqft
    2020-09-01 0 days 1,829 sqft
    2020-10-01 0 days 1,809 sqft
    2020-11-01 0 days 1,771 sqft
    2020-12-01 0 days 1,800 sqft
    2021-01-01 0 days 1,818 sqft
    2021-02-01 0 days 1,819 sqft
    2021-03-01 0 days 1,860 sqft
    2021-04-01 0 days 1,844 sqft
    2021-05-01 0 days 1,800 sqft
    2021-06-01 0 days 1,712 sqft
    2021-07-01 0 days 1,728 sqft
    2021-08-01 0 days 1,721 sqft
    2021-09-01 0 days 1,755 sqft
    2021-10-01 0 days 1,598 sqft
    2021-11-01 0 days 1,744 sqft
    2021-12-01 0 days 1,720 sqft
    2022-01-01 0 days 1,648 sqft
    2022-02-01 0 days 1,744 sqft
    2022-03-01 0 days 1,814 sqft
    2022-04-01 0 days 1,779 sqft
    2022-05-01 0 days 1,801 sqft
    2022-06-01 0 days 1,751 sqft
    2022-07-01 0 days 1,716 sqft
    2022-08-01 0 days 1,769 sqft
    2022-09-01 0 days 1,746 sqft
    2022-10-01 0 days 1,822 sqft
    2022-11-01 0 days 1,785 sqft
    2022-12-01 0 days 1,844 sqft
    2023-01-01 0 days 1,809 sqft
    2023-02-01 0 days 1,867 sqft
    Bluefield's median listing age (time on market) for 2023-02-01 was 0 days.

    Bluefield's median square footage for active listings during the 2023-02-01 period was 1,867 sqft. One year prior, the average listing was 1,744 sqft.

    Bluefield, WV-VA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 894 $142,120,000 $158,971
    Refi 214 $39,240,000 $183,364
    Cash Out Refi 153 $20,725,000 $135,458
    Other 66 $5,530,000 $83,788
    Home Improvement 55 $3,345,000 $60,818

    Bluefield's most frequently cited loan purpose was Home Purchase, with 894 originations. The 2nd most popular reason was Refi, with 214 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 385 $52,955,000 $137,545
    4-5% 304 $47,580,000 $156,513
    3-4% 299 $55,415,000 $185,334
    6-7% 140 $17,140,000 $122,429
    2.5-3% 76 $13,590,000 $178,816
    7-8% 55 $7,065,000 $128,455
    <2.5% 34 $4,140,000 $121,765
    Over 8% 33 $2,375,000 $71,970

    During 2022, Bluefield's most frequently originated rate bucket was 5-6%, with 385 originations.

    Loan Sizing (Bluefield, WV-VA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 623 $86,975,000 $139,607
    $100,000 or less 502 $33,030,000 $65,797
    $200k-400k 212 $55,650,000 $262,500
    $400k-600k 31 $14,505,000 $467,903
    $600k-1000k 8 $6,060,000 $757,500
    $Over $1MM 6 $14,740,000 $2,456,667

    Bluefield's loan sizing saw the bucket of loans from $100k-200k with 623 originations, totaling $86,975,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 802 $127,680,000 $159,202
    60-80% 285 $39,345,000 $138,053
    40-60% 117 $15,915,000 $136,026
    20-40% 71 $4,805,000 $67,676
    Under 20% 28 $1,050,000 $37,500
    Over 100% 17 $11,025,000 $648,529

    Bluefield's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 802 originations, totaling $127,680,000 in origination value.