Bluefield Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Bluefield averaged 7.09% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 7.13% and one month ago for the week of 2024-03-07, the average rate was 7.19%.

Bluefield's average rate one year ago was 6.39%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.18%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Bluefield 30 Year Fixed Rate 2024-04-11 7.09%
Bluefield 30 Year Fixed Rate Refi 2024-04-11 7.18%
Bluefield 15 Year Fixed Rate 2024-04-11 6.26%
Bluefield 15 Year Fixed Rate Refi 2024-04-11 6.16%
Bluefield 30 Year FHA 2024-04-11 6.88%
Bluefield 30 Year FHA Refi 2024-04-11 6.94%
Bluefield 30 Year USDA 2024-04-11 6.55%
Bluefield 30 Year USDA Refi 2024-04-11 6.71%
Bluefield 30 Year VA 2024-04-11 7.08%
Bluefield 30 Year VA Refi 2024-04-11 6.77%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Atlantic Union Bank 61 6.69% $4,649
First Community Bank 36 7.33% $3,460
QUICKEN LOANS, LLC 30 6.98% $5,713
Summit Community Bank, Inc. 23 6.85% $3,300
MOVEMENT MORTGAGE, LLC 19 6.91% $5,978
PRIMELENDING, A PLAINSCAPITAL COMPANY 14 6.98% $7,115
City National Bank of West Virginia 12 6.11% $2,312
Truist 11 6.77% $4,421
First Reliance Bank 10 6.78% $4,086
Alcova Mortgage LLC 9 6.80% $3,702
Wells Fargo Bank 7 7.07% $6,259
New Peoples Bank, Inc. 5 6.95% $2,534
EASTMAN 4 7.09% $3,067
21ST MORTGAGE CORPORATION 4 8.29% $5,612
USAA Federal Savings Bank 3 6.67% $4,613
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 3 7.33% $5,862
VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.00% $6,958
ZILLOW HOME LOANS, LLC 2 7.06% $5,154
BROKER SOLUTIONS, INC. 2 7.38% $5,278
FIRST BANCORP 2 7.38% $4,466
GUARANTEED RATE, INC. 2 6.89% $4,638
JPMorgan Chase Bank 2 7.68% $2,112
LOANDEPOT.COM, LLC 2 6.16% $4,374
PNC Bank 2 6.63% $4,890
Renasant Bank 2 6.69% $3,840
Sierra Pacific Mortgage Company, Inc. 2 6.69% $5,825
UNITED WHOLESALE MORTGAGE, LLC 2 7.59% $3,135
Virginia Credit Union, Inc. 2 5.88% $3,934
HOMESTEAD FUNDING CORP. 1 5.88% $4,039
Independence Bank of Kentucky 1 6.50% $6,630
AMERICAN FINANCING CORPORATION 1 7.13% $2,616
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $4,968
LOANPAL, LLC 1 5.50% $775
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.75% $3,357
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $5,560
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $4,874
NAVY FEDERAL CREDIT UNION 1 6.88% $3,642
CHEVRON 1 5.88% $0
Northwest Federal Credit Union 1 7.13% $3,259
PENTAGON FEDERAL CREDIT UNION 1 7.88% $3,679
Peoples Bank 1 7.00% $6,451
AMERISAVE MORTGAGE CORPORATION 1 6.38% $5,804
Celco Community Federal Credit Union 1 5.25% $1,986
CARDINAL FINANCIAL 1 7.88% $5,197
Regions Bank 1 6.63% $6,490
Victorian Finance, LLC 1 6.25% $4,055
ROYAL UNITED MORTGAGE LLC 1 7.50% $4,440
AMERICAN FINANCIAL NETWORK, INC. 1 7.25% $7,508
STATE EMPLOYEES' 1 6.25% $4,730
BMO Harris Bank 1 6.25% $4,262
The Federal Savings Bank 1 7.00% $14,307
Farm Credit of the Virginias, ACA 1 9.13% $3,769
Fifth Third Bank 1 6.38% $4,302
The Huntington National Bank 1 7.10% $4,157
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $5,016
First National Bank of Omaha 1 8.00% $3,506
EQUITY RESOURCES, INC. 1 6.75% $4,919
FREEDOM FIRST 1 6.13% $2,909
Blue Ridge Bank 1 8.63% $4,809
GUILD MORTGAGE COMPANY 1 8.13% $4,034

Bluefield Average Closing Costs & Other Stats

Bluefield, WV-VA's 60 lenders originated 1,074 loans during 2023. The total origination value was $159,600,000, with an average loan value of $148,603.

Bluefield's average closing costs are $4,720.

The top Bluefield lender as defined by loan originations is Atlantic Union Bank, with 61 loans originated. Their average total fees are $4,649, which is $1,188 higher than the next largest lender, First Community Bank.

The lowest fee Bluefield lenders (with over 10 loans originated) are City National Bank of West Virginia ($2,312), Summit Community Bank, Inc. ($3,300), First Community Bank ($3,460), First Reliance Bank ($4,086) and Truist ($4,421).

The lowest rate Bluefield lenders (with over 10 loans originated) are City National Bank of West Virginia (6.11%), Atlantic Union Bank (6.69%), Truist (6.77%), First Reliance Bank (6.78%) and Summit Community Bank, Inc. (6.85%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Atlantic Union Bank $27,875,000 $28,120,000 0.9% 17.6%
MOVEMENT MORTGAGE, LLC $11,955,000 $11,845,000 -0.9% 7.4%
QUICKEN LOANS, LLC $16,100,000 $11,420,000 -29.1% 7.2%
First Community Bank $35,520,000 $10,100,000 -71.6% 6.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $12,685,000 $6,875,000 -45.8% 4.3%
Summit Community Bank, Inc. $7,425,000 $6,725,000 -9.4% 4.2%
MCNB Bank and Trust Co. $5,070,000 $5,505,000 8.6% 3.4%
New Peoples Bank, Inc. $6,365,000 $4,845,000 -23.9% 3.0%
Truist $7,485,000 $4,680,000 -37.5% 2.9%
City National Bank of West Virginia $3,715,000 $4,180,000 12.5% 2.6%
Mortgage Research Center, LLC $4,780,000 $3,925,000 -17.9% 2.5%
Alcova Mortgage LLC $2,745,000 $3,280,000 19.5% 2.1%
NATIONAL BANKSHARES, INC. $3,155,000 $2,690,000 -14.7% 1.7%
CARDINAL FINANCIAL $2,660,000 $2,625,000 -1.3% 1.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,215,000 $2,405,000 8.6% 1.5%
21ST MORTGAGE CORPORATION $1,370,000 $2,215,000 61.7% 1.4%
EASTMAN $625,000 $1,695,000 171.2% 1.1%
Sierra Pacific Mortgage Company, Inc. $155,000 $1,690,000 990.3% 1.1%
USAA Federal Savings Bank $610,000 $1,625,000 166.4% 1.0%
First Reliance Bank $365,000 $1,540,000 321.9% 1.0%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $3,450,000 $1,360,000 -60.6% 0.9%
The Federal Savings Bank $155,000 $1,315,000 748.4% 0.8%
Renasant Bank $2,315,000 $1,310,000 -43.4% 0.8%
BROKER SOLUTIONS, INC. $735,000 $1,305,000 77.6% 0.8%
Wells Fargo Bank $4,035,000 $1,215,000 -69.9% 0.8%
LegacyBank $1,145,000 n/a 0.7%
UNITED WHOLESALE MORTGAGE, LLC $420,000 $970,000 131.0% 0.6%
AMERISAVE MORTGAGE CORPORATION $1,940,000 $875,000 -54.9% 0.5%
SOUTHWEST STAGE FUNDING, LLC $245,000 $870,000 255.1% 0.5%
LOANDEPOT.COM, LLC $1,075,000 $805,000 -25.1% 0.5%
FREEDOM MORTGAGE CORPORATION $1,125,000 $765,000 -32.0% 0.5%
Celco Community Federal Credit Union $690,000 $750,000 8.7% 0.5%
Blue Ridge Bank $1,540,000 $605,000 -60.7% 0.4%
PENNYMAC LOAN SERVICES, LLC $1,270,000 $575,000 -54.7% 0.4%
PNC Bank $85,000 $540,000 535.3% 0.3%
JPMorgan Chase Bank $395,000 $530,000 34.2% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $1,045,000 $510,000 -51.2% 0.3%
Skyline National Bank $580,000 $470,000 -19.0% 0.3%
Virginia Credit Union, Inc. $335,000 $470,000 40.3% 0.3%
UNION HOME MORTGAGE CORP. $615,000 $465,000 -24.4% 0.3%
FIRST BANCORP $1,675,000 $455,000 -72.8% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $445,000 n/a 0.3%
BMO Harris Bank $445,000 n/a 0.3%
Waterstone Mortgage Corporation $575,000 $440,000 -23.5% 0.3%
GUARANTEED RATE, INC. $255,000 $435,000 70.6% 0.3%
ZILLOW HOME LOANS, LLC $125,000 $425,000 240.0% 0.3%
Pendleton Community Bank, Inc. $135,000 $400,000 196.3% 0.3%
U.S. Bank $295,000 $355,000 20.3% 0.2%
The Bank of Marion $1,180,000 $350,000 -70.3% 0.2%
Peoples Bank $345,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $310,000 $320,000 3.2% 0.2%
Farm Credit of the Virginias, ACA $1,405,000 $305,000 -78.3% 0.2%
Northwest Federal Credit Union $305,000 n/a 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $125,000 $300,000 140.0% 0.2%
Discover Bank $140,000 $300,000 114.3% 0.2%
The Huntington National Bank $375,000 $290,000 -22.7% 0.2%
Truliant Federal Credit Union $440,000 $290,000 -34.1% 0.2%
STATE EMPLOYEES' $255,000 n/a 0.2%
PENTAGON FEDERAL CREDIT UNION $250,000 n/a 0.2%
NAVY FEDERAL CREDIT UNION $1,855,000 $245,000 -86.8% 0.2%
HOMESTEAD FUNDING CORP. $235,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $225,000 n/a 0.1%
University Bank $225,000 n/a 0.1%
First Heritage Mortgage, LLC $210,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $205,000 n/a 0.1%
Victorian Finance, LLC $200,000 n/a 0.1%
PLANET HOME LENDING, LLC $195,000 n/a 0.1%
UNIFY FINANCIAL Credit Union $195,000 n/a 0.1%
Bank of America $190,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $175,000 n/a 0.1%
The Grant County Bank $175,000 n/a 0.1%
Carrington Mortgage Services, LLC $435,000 $170,000 -60.9% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $415,000 $170,000 -59.0% 0.1%
Lee Bank and Trust Company $170,000 n/a 0.1%
CHEVRON $165,000 n/a 0.1%
GENEVA FINANCIAL, LLC $165,000 n/a 0.1%
Independence Bank of Kentucky $165,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $150,000 $160,000 6.7% 0.1%
HOMESPIRE MORTGAGE CORPORATION $155,000 n/a 0.1%
LOANPAL, LLC $175,000 $155,000 -11.4% 0.1%
NEW DAY FINANCIAL, LLC $75,000 $155,000 106.7% 0.1%
EMM LOANS LLC $135,000 $145,000 7.4% 0.1%
First National Bank of Omaha $145,000 n/a 0.1%
Regions Bank $145,000 n/a 0.1%
GUILD MORTGAGE COMPANY $140,000 n/a 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $480,000 $135,000 -71.9% 0.1%
LIMA ONE CAPITAL, LLC $125,000 n/a 0.1%
The First National Bank of Peterstown $360,000 $125,000 -65.3% 0.1%
C & F Mortgage Corporation $145,000 $115,000 -20.7% 0.1%
CHURCHILL MORTGAGE CORPORATION $575,000 $115,000 -80.0% 0.1%
Gateway First Bank $260,000 $115,000 -55.8% 0.1%
Prosperity Home Mortgage, LLC $165,000 $105,000 -36.4% 0.1%
Third Federal Savings and Loan Association of Cleveland $95,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $580,000 $75,000 -87.1% 0.0%
Citizens Bank $765,000 $75,000 -90.2% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $75,000 n/a 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $105,000 $75,000 -28.6% 0.0%
Powell Valley National Bank $75,000 n/a 0.0%
EQUITY RESOURCES, INC. $65,000 n/a 0.0%
Fifth Third Bank $65,000 n/a 0.0%
First National Bank of America $65,000 n/a 0.0%
JUSTICE Federal Credit Union $65,000 n/a 0.0%
M&T Bank $95,000 $60,000 -36.8% 0.0%
ASHLAND Credit Union $45,000 n/a 0.0%
FREEDOM FIRST $1,220,000 $45,000 -96.3% 0.0%
TruPoint Bank $35,000 n/a 0.0%
CHERRY CREEK MORTGAGE, LLC $25,000 n/a 0.0%
BLUE EAGLE CREDIT UNION $15,000 n/a 0.0%

Bluefield's top lender by overall market share is Atlantic Union Bank, with 17.6% market share. In second place, with 7.4%, is MOVEMENT MORTGAGE, LLC, having originated $11,845,000 in loans. In third place, with 7.2%, is QUICKEN LOANS, LLC, having originated $11,420,000 in loans. In fourth place, with 6.3%, is First Community Bank, having originated $10,100,000 in loans. In fifth place, with 4.3%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $6,875,000 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 $125,450 (0.4%) $172,533 (2.4%) 0.00 527
2018-02-01 $125,000 (0.0%) $175,334 (3.6%) 0.00 520
2018-03-01 $119,900 (-5.3%) $175,080 (-1.1%) 0.00 520
2018-04-01 $126,450 (-2.0%) $178,841 (2.5%) 0.00 505
2018-05-01 $126,450 (1.2%) $179,328 (5.8%) 0.00 533
2018-06-01 $125,000 (0.2%) $182,949 (7.1%) 0.00 557
2018-07-01 $126,175 (1.0%) $183,293 (6.1%) 0.00 580
2018-08-01 $129,900 (4.0%) $183,318 (6.9%) 0.00 590
2018-09-01 $139,900 (11.9%) $191,656 (10.4%) 0.00 586
2018-10-01 $134,925 (8.0%) $188,518 (8.1%) 0.00 587
2018-11-01 $136,750 (9.4%) $190,871 (9.5%) 0.00 543
2018-12-01 $134,700 (7.8%) $192,393 (11.5%) 0.00 517
2019-01-01 $129,950 (3.6%) $189,182 (9.7%) 0.00 482
2019-02-01 $129,900 (3.9%) $186,294 (6.3%) 0.00 464
2019-03-01 $132,064 (10.2%) $173,460 (-0.9%) 0.00 483
2019-04-01 $132,614 (4.9%) $171,027 (-4.4%) 0.00 507
2019-05-01 $129,974 (2.8%) $170,116 (-5.1%) 0.00 527
2019-06-01 $130,000 (4.0%) $172,622 (-5.6%) 0.00 552
2019-07-01 $132,250 (4.8%) $171,308 (-6.5%) 0.00 582
2019-08-01 $135,591 (4.4%) $173,401 (-5.4%) 0.00 578
2019-09-01 $137,227 (-1.9%) $176,392 (-8.0%) 0.00 559
2019-10-01 $138,318 (2.5%) $178,387 (-5.4%) 0.00 540
2019-11-01 $135,000 (-1.3%) $184,580 (-3.3%) 0.00 505
2019-12-01 $131,225 (-2.6%) $183,743 (-4.5%) 0.00 461
2020-01-01 $129,900 (0.0%) $182,112 (-3.7%) 0.00 438
2020-02-01 $130,000 (0.1%) $185,507 (-0.4%) 0.00 437
2020-03-01 $134,725 (2.0%) $190,798 (10.0%) 0.00 419
2020-04-01 $135,000 (1.8%) $196,505 (14.9%) 0.00 403
2020-05-01 $135,900 (4.6%) $201,865 (18.7%) 0.00 365
2020-06-01 $139,925 (7.6%) $201,086 (16.5%) 0.00 348
2020-07-01 $137,925 (4.3%) $209,607 (22.4%) 0.00 327
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 (16.8%) 0.00 285
2021-01-01 $149,900 (15.4%) $220,386 (21.0%) 0.00 260
2021-02-01 $152,225 (17.1%) $219,133 (18.1%) 0.00 235
2021-03-01 $152,450 (13.2%) $220,941 (15.8%) 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 (22.4%) 0.00 185
2021-07-01 $139,900 (1.4%) $245,197 (17.0%) 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
2023-03-01 $151,175 (1.3%) $264,578 (3.4%) 0.00 117
2023-04-01 $171,000 (14.1%) $266,135 (-0.4%) 0.00 110
2023-05-01 $188,450 (22.8%) $293,399 (12.5%) 0.00 99
2023-06-01 $182,200 (19.9%) $286,497 (11.4%) 0.00 119
2023-07-01 $179,000 (19.8%) $288,664 (11.5%) 0.00 156
2023-08-01 $179,700 (16.0%) $307,661 (19.8%) 0.00 180
2023-09-01 $179,900 (9.7%) $336,461 (27.5%) 0.00 180
2023-10-01 $176,450 (4.1%) $348,363 (32.9%) 0.00 182
2023-11-01 $179,900 (13.1%) $312,002 (27.6%) 0.00 177
2023-12-01 $193,750 (14.6%) $324,466 (20.3%) 0.00 167
2024-01-01 $182,250 (8.5%) $280,543 (2.7%) 0.00 173
2024-02-01 $187,200 (4.6%) $273,738 (-1.1%) 0.00 161
2024-03-01 $196,500 (30.0%) $293,897 (11.1%) 0.00 161
Bluefield's median listing price for 2024-03-01 was $196,500, a difference of $45,325 (30.0%) versus the prior year and $9,300 versus the prior month.

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

Bluefield's average listing price for 2024-03-01 was $293,897, a difference of $29,319 (11.1%) versus the prior year and $20,159 versus the prior month.

For the 2024-03-01 period, Bluefield had 161 MLS listings, a difference of 0 listings (0%) versus the prior month and 44 listings (38%) 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 1,654 sqft
2018-02-01 0 days 1,647 sqft
2018-03-01 0 days 1,648 sqft
2018-04-01 0 days 1,657 sqft
2018-05-01 0 days 1,665 sqft
2018-06-01 0 days 1,680 sqft
2018-07-01 0 days 1,677 sqft
2018-08-01 0 days 1,680 sqft
2018-09-01 0 days 1,727 sqft
2018-10-01 0 days 1,697 sqft
2018-11-01 0 days 1,680 sqft
2018-12-01 0 days 1,656 sqft
2019-01-01 0 days 1,655 sqft
2019-02-01 0 days 1,673 sqft
2019-03-01 0 days 1,658 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 1,700 sqft
2019-09-01 0 days 1,700 sqft
2019-10-01 0 days 1,700 sqft
2019-11-01 0 days 1,687 sqft
2019-12-01 0 days 1,639 sqft
2020-01-01 0 days 1,658 sqft
2020-02-01 0 days 1,670 sqft
2020-03-01 0 days 1,692 sqft
2020-04-01 0 days 1,702 sqft
2020-05-01 0 days 1,749 sqft
2020-06-01 0 days 1,745 sqft
2020-07-01 0 days 1,740 sqft
2020-08-01 0 days 1,788 sqft
2020-09-01 0 days 1,820 sqft
2020-10-01 0 days 1,805 sqft
2020-11-01 0 days 1,768 sqft
2020-12-01 0 days 1,791 sqft
2021-01-01 0 days 1,816 sqft
2021-02-01 0 days 1,813 sqft
2021-03-01 0 days 1,853 sqft
2021-04-01 0 days 1,837 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 1,761 sqft
2022-07-01 0 days 1,716 sqft
2022-08-01 0 days 1,771 sqft
2022-09-01 0 days 1,761 sqft
2022-10-01 0 days 1,824 sqft
2022-11-01 0 days 1,796 sqft
2022-12-01 0 days 1,873 sqft
2023-01-01 0 days 1,822 sqft
2023-02-01 0 days 1,880 sqft
2023-03-01 0 days 1,716 sqft
2023-04-01 0 days 1,751 sqft
2023-05-01 0 days 2,005 sqft
2023-06-01 0 days 2,010 sqft
2023-07-01 0 days 1,910 sqft
2023-08-01 0 days 1,954 sqft
2023-09-01 0 days 1,947 sqft
2023-10-01 0 days 1,870 sqft
2023-11-01 0 days 1,872 sqft
2023-12-01 0 days 1,900 sqft
2024-01-01 0 days 1,772 sqft
2024-02-01 0 days 1,783 sqft
2024-03-01 0 days 1,875 sqft
Bluefield's median listing age (time on market) for 2024-03-01 was 0 days.

Bluefield's median square footage for active listings during the 2024-03-01 period was 1,875 sqft. One year prior, the average listing was 1,716 sqft.

Bluefield, WV-VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 732 $124,170,000 $169,631
Cash Out Refi 111 $15,725,000 $141,667
Refi 90 $9,740,000 $108,222
Other 84 $6,430,000 $76,548
Home Improvement 56 $3,490,000 $62,321
NA 1 $45,000 $45,000

Bluefield's most frequently cited loan purpose was Home Purchase, with 732 originations. The 2nd most popular reason was Cash Out Refi, with 111 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 426 $66,560,000 $156,244
7-8% 295 $42,585,000 $144,356
Over 8% 131 $10,255,000 $78,282
5-6% 113 $18,525,000 $163,938
4-5% 4 $600,000 $150,000
2.5-3% 2 $420,000 $210,000

During 2023, Bluefield's most frequently originated rate bucket was 6-7%, with 426 originations.

Loan Sizing (Bluefield, WV-VA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 465 $65,345,000 $140,527
$100,000 or less 412 $25,310,000 $61,432
$200k-400k 169 $44,595,000 $263,876
$400k-600k 19 $8,605,000 $452,895
$600k-1000k 6 $4,750,000 $791,667
$Over $1MM 3 $10,995,000 $3,665,000

Bluefield's loan sizing saw the bucket of loans from $100k-200k with 465 originations, totaling $65,345,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 595 $98,705,000 $165,891
60-80% 173 $22,365,000 $129,277
40-60% 79 $8,435,000 $106,772
20-40% 71 $5,085,000 $71,620
Under 20% 41 $1,555,000 $37,927
Over 100% 11 $2,595,000 $235,909

Bluefield's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 595 originations, totaling $98,705,000 in origination value.