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 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.