CHARLESTON 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 Charleston averaged 6.1% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.12% and one month ago for the week of 2023-04-20, the average rate was 6.12%.

    Charleston's average rate one year ago was 5.18%.

    For refis of the same type during the week of 2023-05-25, the average rate was 6.02%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Charleston 30 Year Fixed Rate 2023-05-25 6.1%
    Charleston 30 Year Fixed Rate Refi 2023-05-25 6.02%
    Charleston 15 Year Fixed Rate 2023-05-25 5.63%
    Charleston 15 Year Fixed Rate Refi 2023-05-25 4.78%
    Charleston 30 Year FHA 2023-05-25 6.32%
    Charleston 30 Year FHA Refi 2023-05-25 6.81%
    Charleston 30 Year USDA 2023-05-25 6.46%
    Charleston 30 Year USDA Refi 2023-05-25 6.83%
    Charleston 30 Year VA 2023-05-25 6.28%
    Charleston 30 Year VA Refi 2023-05-25 6.61%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CHARLESTON, WV.

    CHARLESTON 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 CHARLESTON, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    City National Bank of West Virginia 190 4.31% $1,529
    QUICKEN LOANS, LLC 120 5.29% $5,442
    Gateway First Bank 94 5.17% $3,368
    PRIMELENDING, A PLAINSCAPITAL COMPANY 84 5.42% $4,506
    LOANDEPOT.COM, LLC 75 4.90% $4,604
    Victorian Finance, LLC 74 4.95% $3,876
    JPMorgan Chase Bank 56 4.89% $3,645
    The Huntington National Bank 47 4.91% $3,918
    Truist 38 4.65% $3,405
    United Bank 34 4.50% $3,752
    MOVEMENT MORTGAGE, LLC 32 5.33% $3,967
    Summit Community Bank, Inc. 22 4.79% $3,414
    Wells Fargo Bank 20 5.01% $3,505
    Fifth Third Bank 18 5.18% $3,516
    WesBanco Bank, Inc. 17 4.84% $3,751
    CROSSCOUNTRY MORTGAGE, LLC 15 5.67% $7,575
    AMERISAVE MORTGAGE CORPORATION 14 4.65% $5,662
    HOMESPIRE MORTGAGE CORPORATION 13 5.06% $7,478
    UNION HOME MORTGAGE CORP. 10 5.51% $4,540
    Peoples Bank 10 5.84% $3,228
    UNITED WHOLESALE MORTGAGE, LLC 8 5.15% $3,691
    VANDERBILT MORTGAGE AND FINANCE, INC. 8 6.31% $5,607
    Ally Bank 7 4.25% $3,029
    Farm Credit of the Virginias, ACA 7 7.03% $3,758
    U.S. Bank 7 5.61% $4,015
    ROYAL UNITED MORTGAGE LLC 6 6.35% $5,740
    The Ohio Valley Bank Company 6 5.52% $3,390
    BROKER SOLUTIONS, INC. 5 6.02% $4,908
    FREEDOM MORTGAGE CORPORATION 5 4.90% $5,244
    Morgan Stanley Private Bank 4 4.70% $3,880
    Hometown Lenders, Inc. 4 5.71% $5,092
    Huntington Federal Savings Bank 4 3.56% $2,376
    POLARIS HOME FUNDING CORP. 4 5.84% $5,176
    Flagstar Bank, FSB 4 5.43% $4,282
    AgFirst Farm Credit Bank 3 5.04% $3,430
    Carrington Mortgage Services, LLC 3 4.04% $4,345
    CALIBER HOME LOANS, INC. 3 5.29% $4,974
    MYCUMORTGAGE, LLC 3 5.46% $3,867
    Mortgage Research Center, LLC 3 4.99% $3,936
    First Federal Bank 3 4.88% $4,140
    First Federal Bank of the Midwest 3 4.58% $4,172
    Bank of America 3 3.96% $3,579
    NEWREZ LLC 3 4.58% $4,905
    INTERCOASTAL MORTGAGE COMPANY 3 4.21% $3,147
    NAVY FEDERAL CREDIT UNION 3 7.17% $3,281
    Citizens Bank 3 4.17% $3,769
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.41% $3,150
    Wyndham Capital Mortgage, Inc. 2 4.75% $2,126
    Arvest Bank 2 4.19% $3,373
    Bank of England 2 4.19% $5,195
    Barrington Bank & Trust Company, N.A. 2 4.62% $6,372
    BETTER MORTGAGE CORPORATION 2 4.94% $2,313
    BNC National Bank 2 4.13% $3,587
    CARDINAL FINANCIAL 2 4.50% $5,401
    Chicago Mortgage Solutions LLC 2 3.57% $1,734
    Discover Bank 2 4.87% $0
    First Guaranty Mortgage Corporation 2 3.63% $5,648
    First National Bank of Pennsylvania 2 3.31% $6,096
    HOME POINT FINANCIAL CORPORATION 2 5.31% $5,626
    RUOFF MORTGAGE COMPANY, INC. 2 5.44% $2,289
    T2 FINANCIAL LLC 2 5.56% $6,292
    TOWNE MORTGAGE COMPANY 2 3.75% $4,637
    USAA Federal Savings Bank 2 5.69% $4,107
    Mr. Cooper ( Nationstar Mortgage ) 1 4.99% $5,878
    GUILD MORTGAGE COMPANY 1 5.99% $4,317
    First Savings Bank 1 3.25% $6,575
    NBKC BANK 1 4.88% $3,552
    NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $4,335
    First Internet Bank of Indiana 1 4.00% $2,562
    North American Savings Bank, F.S.B. 1 3.88% $5,392
    Northwest Federal Credit Union 1 7.00% $2,960
    PENNYMAC LOAN SERVICES, LLC 1 5.12% $11,798
    PENTAGON FEDERAL CREDIT UNION 1 5.50% $1,860
    First Community Bank 1 5.15% $2,730
    PLANET HOME LENDING, LLC 1 3.99% $3,622
    PNC Bank 1 3.25% $5,310
    First-Citizens Bank & Trust Company 1 5.25% $3,480
    FINANCE OF AMERICA MORTGAGE LLC 1 4.38% $1,922
    Prosperity Home Mortgage, LLC 1 4.50% $4,460
    Evolve Bank & Trust 1 5.00% $5,547
    RBC Bank, (Georgia) 1 6.13% $2,439
    Renasant Bank 1 3.50% $8,739
    EQUITY RESOURCES, INC. 1 5.75% $3,502
    ARC HOME LLC 1 2.50% $1,572
    SECURITYNATIONAL MORTGAGE COMPANY 1 4.99% $11,720
    SIRVA MORTGAGE, INC. 1 5.00% $4,194
    SIWELL, INC. 1 4.25% $6,150
    STAR USA FEDERAL CREDIT UNION 1 3.75% $2,026
    EASTMAN 1 6.50% $2,940
    Apple Federal Credit Union 1 4.75% $5,815
    The Farmers National Bank of Canfield 1 3.38% $3,614
    DRAPER AND KRAMER MORTGAGE CORP. 1 5.00% $3,950
    DESCO 1 2.63% $2,096
    Ameris Bank 1 4.75% $4,565
    DAS Acquisition Company, LLC 1 4.99% $4,302
    Citibank 1 5.88% $3,371
    Union Savings Bank 1 4.88% $2,426
    CHURCHILL MORTGAGE CORPORATION 1 6.25% $15,028
    Cf Bank 1 3.38% $2,242
    21ST MORTGAGE CORPORATION 1 9.55% $5,849
    BAYER HERITAGE 1 5.38% $4,415
    US MORTGAGE CORPORATION 1 5.50% $4,075
    ASHLAND Credit Union 1 5.63% $3,075
    MICHIGAN MUTUAL, INC. 1 7.13% $8,108
    LIBERTY HOME MORTGAGE CORPORATION 1 4.50% $7,265
    LAKEVIEW LOAN SERVICING, LLC 1 4.88% $1,654
    HOMESIDE FINANCIAL, LLC 1 5.75% $3,095

    CHARLESTON Average Closing Costs & Other Stats

    CHARLESTON, WV's 107 lenders originated 4,120 loans during 2022. The total origination value was $656,410,000, with an average loan value of $159,323.

    CHARLESTON's average closing costs are $4,094.

    The top CHARLESTON lender as defined by loan originations is City National Bank of West Virginia, with 190 loans originated. Their average total fees are $1,529, which is $3,913 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee CHARLESTON lenders (with over 10 loans originated) are City National Bank of West Virginia ($1,529), Peoples Bank ($3,228), Gateway First Bank ($3,368), Truist ($3,405) and Summit Community Bank, Inc. ($3,414).

    The lowest rate CHARLESTON lenders (with over 10 loans originated) are City National Bank of West Virginia (4.31%), United Bank (4.50%), Truist (4.65%), AMERISAVE MORTGAGE CORPORATION (4.65%) and Summit Community Bank, Inc. (4.79%).

    CHARLESTON, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    City National Bank of West Virginia $51,390,000 $57,180,000 11.3% 8.7%
    QUICKEN LOANS, LLC $88,065,000 $46,430,000 -47.3% 7.1%
    Gateway First Bank $65,090,000 $46,350,000 -28.8% 7.1%
    Summit Community Bank, Inc. $31,545,000 $33,760,000 7.0% 5.1%
    Victorian Finance, LLC $60,605,000 $33,260,000 -45.1% 5.1%
    LOANDEPOT.COM, LLC $41,285,000 $32,950,000 -20.2% 5.0%
    WesBanco Bank, Inc. $18,575,000 $31,770,000 71.0% 4.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $54,370,000 $27,635,000 -49.2% 4.2%
    The Huntington National Bank $42,975,000 $25,775,000 -40.0% 3.9%
    The Poca Valley Bank, Inc. $32,900,000 $23,155,000 -29.6% 3.5%
    Truist $31,230,000 $22,870,000 -26.8% 3.5%
    M&T Realty Capital Corporation $20,640,000 n/a 3.1%
    JPMorgan Chase Bank $23,525,000 $17,510,000 -25.6% 2.7%
    United Bank $22,530,000 $16,835,000 -25.3% 2.6%
    Mortgage Research Center, LLC $16,365,000 $16,385,000 0.1% 2.5%
    MOVEMENT MORTGAGE, LLC $17,715,000 $14,225,000 -19.7% 2.2%
    Putnam County Bank $8,450,000 $11,950,000 41.4% 1.8%
    Merchants Bank of Indiana $10,455,000 n/a 1.6%
    Logan Bank & Trust Company $5,635,000 $9,490,000 68.4% 1.4%
    Fifth Third Bank $17,485,000 $9,000,000 -48.5% 1.4%
    CROSSCOUNTRY MORTGAGE, LLC $15,740,000 $8,845,000 -43.8% 1.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $9,640,000 $7,915,000 -17.9% 1.2%
    Clay County Bank, Inc. $6,125,000 $6,105,000 -0.3% 0.9%
    HOMESPIRE MORTGAGE CORPORATION $5,885,000 $5,205,000 -11.6% 0.8%
    AMERISAVE MORTGAGE CORPORATION $10,385,000 $4,875,000 -53.1% 0.7%
    Peoples Bank $2,515,000 $3,915,000 55.7% 0.6%
    U.S. Bank $2,515,000 $3,835,000 52.5% 0.6%
    Wells Fargo Bank $9,245,000 $3,525,000 -61.9% 0.5%
    USAA Federal Savings Bank $3,690,000 $3,505,000 -5.0% 0.5%
    The Ohio Valley Bank Company $2,270,000 $3,425,000 50.9% 0.5%
    FREEDOM MORTGAGE CORPORATION $22,145,000 $3,395,000 -84.7% 0.5%
    Equity Prime Mortgage LLC $555,000 $3,335,000 500.9% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $2,955,000 $2,890,000 -2.2% 0.4%
    UNION HOME MORTGAGE CORP. $4,895,000 $2,830,000 -42.2% 0.4%
    CAMC Federal Credit Union $2,590,000 n/a 0.4%
    Hometown Lenders, Inc. $760,000 $2,525,000 232.2% 0.4%
    BROKER SOLUTIONS, INC. $3,780,000 $2,305,000 -39.0% 0.4%
    Morgan Stanley Private Bank $2,240,000 n/a 0.3%
    Flagstar Bank, FSB $865,000 $1,995,000 130.6% 0.3%
    NAVY FEDERAL CREDIT UNION $4,810,000 $1,970,000 -59.0% 0.3%
    Bank of America $4,060,000 $1,820,000 -55.2% 0.3%
    Ally Bank $4,055,000 $1,815,000 -55.2% 0.3%
    LIBERTY HOME MORTGAGE CORPORATION $2,410,000 $1,795,000 -25.5% 0.3%
    The Farmers Bank & Savings Company $2,220,000 $1,785,000 -19.6% 0.3%
    Citizens Bank $1,785,000 $1,745,000 -2.2% 0.3%
    PENNYMAC LOAN SERVICES, LLC $4,690,000 $1,515,000 -67.7% 0.2%
    Barrington Bank & Trust Company, N.A. $2,030,000 $1,450,000 -28.6% 0.2%
    PNC Bank $1,605,000 $1,450,000 -9.7% 0.2%
    First National Bank of Pennsylvania $880,000 $1,390,000 58.0% 0.2%
    UNITED WHOLESALE MORTGAGE, LLC $1,040,000 $1,365,000 31.3% 0.2%
    Farm Credit of the Virginias, ACA $1,055,000 $1,315,000 24.6% 0.2%
    CHURCHILL MORTGAGE CORPORATION $1,910,000 $1,235,000 -35.3% 0.2%
    SIWELL, INC. $1,350,000 $1,225,000 -9.3% 0.2%
    POLARIS HOME FUNDING CORP. $770,000 $1,195,000 55.2% 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $780,000 $1,150,000 47.4% 0.2%
    First Federal Bank of the Midwest $2,555,000 $1,095,000 -57.1% 0.2%
    Carrington Mortgage Services, LLC $3,365,000 $1,080,000 -67.9% 0.2%
    Huntington Federal Savings Bank $975,000 $1,080,000 10.8% 0.2%
    CALIBER HOME LOANS, INC. $3,630,000 $1,075,000 -70.4% 0.2%
    LENDINGHOME FUNDING CORPORATION $150,000 $1,010,000 573.3% 0.2%
    ROYAL UNITED MORTGAGE LLC $740,000 $990,000 33.8% 0.2%
    BETTER MORTGAGE CORPORATION $5,355,000 $985,000 -81.6% 0.2%
    21ST MORTGAGE CORPORATION $620,000 $925,000 49.2% 0.1%
    Clear Mountain Bank $1,445,000 $900,000 -37.7% 0.1%
    Nations Lending Corporation $1,535,000 $900,000 -41.4% 0.1%
    NEWREZ LLC $2,430,000 $890,000 -63.4% 0.1%
    Wyndham Capital Mortgage, Inc. $1,900,000 $855,000 -55.0% 0.1%
    STAR USA FEDERAL CREDIT UNION $4,620,000 $830,000 -82.0% 0.1%
    AgFirst Farm Credit Bank $565,000 $785,000 38.9% 0.1%
    Bank of England $995,000 $770,000 -22.6% 0.1%
    First Federal Bank $855,000 $770,000 -9.9% 0.1%
    PENTAGON FEDERAL CREDIT UNION $2,655,000 $730,000 -72.5% 0.1%
    First Guaranty Mortgage Corporation $1,785,000 $695,000 -61.1% 0.1%
    MCNB Bank and Trust Co. $480,000 $655,000 36.5% 0.1%
    AMERICAN FINANCING CORPORATION $2,080,000 $640,000 -69.2% 0.1%
    PLANET HOME LENDING, LLC $2,310,000 $640,000 -72.3% 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $400,000 $620,000 55.0% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $4,650,000 $615,000 -86.8% 0.1%
    Calhoun County Bank, Inc. $610,000 n/a 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $745,000 $610,000 -18.1% 0.1%
    NBKC BANK $640,000 $610,000 -4.7% 0.1%
    SIRVA MORTGAGE, INC. $345,000 $600,000 73.9% 0.1%
    RUOFF MORTGAGE COMPANY, INC. $585,000 n/a 0.1%
    Arvest Bank $65,000 $570,000 776.9% 0.1%
    Community Trust Bank, Inc. $1,135,000 $545,000 -52.0% 0.1%
    MYCUMORTGAGE, LLC $1,050,000 $535,000 -49.0% 0.1%
    Discover Bank $520,000 $470,000 -9.6% 0.1%
    ARC HOME LLC $115,000 $465,000 304.3% 0.1%
    Community Bank of Parkersburg $880,000 $455,000 -48.3% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $580,000 $445,000 -23.3% 0.1%
    HOME POINT FINANCIAL CORPORATION $1,950,000 $440,000 -77.4% 0.1%
    DAS Acquisition Company, LLC $545,000 $425,000 -22.0% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $425,000 n/a 0.1%
    EVERETT FINANCIAL, INC. $425,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $415,000 n/a 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $235,000 $405,000 72.3% 0.1%
    Unity Bank $395,000 n/a 0.1%
    FirstBank $245,000 $390,000 59.2% 0.1%
    T2 FINANCIAL LLC $375,000 n/a 0.1%
    FINANCE OF AMERICA MORTGAGE LLC $625,000 $350,000 -44.0% 0.1%
    First-Citizens Bank & Trust Company $350,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $350,000 n/a 0.1%
    Chicago Mortgage Solutions LLC $675,000 $340,000 -49.6% 0.1%
    Armed Forces Bank $335,000 n/a 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $335,000 n/a 0.1%
    BAYER HERITAGE $310,000 n/a 0.0%
    M&T Bank $535,000 $305,000 -43.0% 0.0%
    INTERCOASTAL MORTGAGE COMPANY $3,055,000 $295,000 -90.3% 0.0%
    DESCO $290,000 n/a 0.0%
    First Exchange Bank $285,000 n/a 0.0%
    North American Savings Bank, F.S.B. $285,000 n/a 0.0%
    RBC Bank, (Georgia) $285,000 n/a 0.0%
    First Internet Bank of Indiana $880,000 $280,000 -68.2% 0.0%
    Cf Bank $275,000 n/a 0.0%
    TOWNE MORTGAGE COMPANY $265,000 n/a 0.0%
    QUORUM FEDERAL CREDIT UNION $25,000 $245,000 880.0% 0.0%
    Service Federal Credit Union $245,000 n/a 0.0%
    AMERICAN PACIFIC MORTGAGE CORPORATION $225,000 n/a 0.0%
    Renasant Bank $3,545,000 $225,000 -93.7% 0.0%
    Sierra Pacific Mortgage Company, Inc. $225,000 n/a 0.0%
    THE MONEY SOURCE INC. $225,000 n/a 0.0%
    ZILLOW HOME LOANS, LLC $225,000 n/a 0.0%
    BNC National Bank $430,000 $220,000 -48.8% 0.0%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $220,000 n/a 0.0%
    WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION $375,000 $220,000 -41.3% 0.0%
    Ameris Bank $115,000 $215,000 87.0% 0.0%
    WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $210,000 n/a 0.0%
    MCLEAN MORTGAGE CORPORATION $205,000 n/a 0.0%
    SOUTHWEST STAGE FUNDING, LLC $295,000 $205,000 -30.5% 0.0%
    AMERICAN HERITAGE LENDING, INC. $200,000 n/a 0.0%
    Atlantic Union Bank $195,000 n/a 0.0%
    First Savings Bank $195,000 n/a 0.0%
    Mars Bank $195,000 n/a 0.0%
    Apple Federal Credit Union $185,000 n/a 0.0%
    DOMINION FINANCIAL SERVICES, LLC $185,000 n/a 0.0%
    GUARANTEED RATE, INC. $800,000 $185,000 -76.9% 0.0%
    Paramount Residential Mortgage Group, Inc. $420,000 $185,000 -56.0% 0.0%
    UNITED MORTGAGE CORP. $185,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $165,000 n/a 0.0%
    LENDINGONE, LLC $85,000 $165,000 94.1% 0.0%
    Citibank $260,000 $160,000 -38.5% 0.0%
    First Community Bank $2,015,000 $160,000 -92.1% 0.0%
    CONTOUR MORTGAGE CORPORATION $460,000 $155,000 -66.3% 0.0%
    Magnolia Bank $205,000 $155,000 -24.4% 0.0%
    MICHIGAN MUTUAL, INC. $195,000 $155,000 -20.5% 0.0%
    Union Savings Bank $155,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $195,000 $145,000 -25.6% 0.0%
    Blue Ridge Bank $365,000 $135,000 -63.0% 0.0%
    EQUITY RESOURCES, INC. $135,000 n/a 0.0%
    HOMESIDE FINANCIAL, LLC $135,000 n/a 0.0%
    Mid-Continent Funding, Inc. $135,000 n/a 0.0%
    PHH Mortgage Corporation $290,000 $135,000 -53.4% 0.0%
    First Horizon Bank $125,000 n/a 0.0%
    Northpointe Bank $235,000 $125,000 -46.8% 0.0%
    NUMARK CREDIT UNION $125,000 n/a 0.0%
    Peoples Bank $2,515,000 $125,000 -95.0% 0.0%
    US MORTGAGE CORPORATION $115,000 $125,000 8.7% 0.0%
    VILLAGE CAPITAL MORTGAGE $2,055,000 $125,000 -93.9% 0.0%
    Evolve Bank & Trust $115,000 $115,000 0.0% 0.0%
    Integrity Home Mortgage Corp $165,000 $115,000 -30.3% 0.0%
    MORIA DEVELOPMENT, INC. $115,000 $115,000 0.0% 0.0%
    SKYONE Federal Credit Union $115,000 n/a 0.0%
    ASHLAND Credit Union $105,000 n/a 0.0%
    MEMBER FIRST MORTGAGE, LLC $105,000 n/a 0.0%
    Alcova Mortgage LLC $390,000 $95,000 -75.6% 0.0%
    EASTMAN $95,000 n/a 0.0%
    Northwest Federal Credit Union $145,000 $95,000 -34.5% 0.0%
    The Farmers National Bank of Canfield $95,000 n/a 0.0%
    NETWORK CAPITAL FUNDING CORPORATION $85,000 n/a 0.0%
    GUILD MORTGAGE COMPANY $55,000 n/a 0.0%

    CHARLESTON's top lender by overall market share is City National Bank of West Virginia, with 8.7% market share. In second place, with 7.1%, is QUICKEN LOANS, LLC, having originated $46,430,000 in loans. In third place, with 7.1%, is Gateway First Bank, having originated $46,350,000 in loans. In fourth place, with 5.1%, is Summit Community Bank, Inc., having originated $33,760,000 in loans. In fifth place, with 5.1%, is Victorian Finance, LLC, having originated $33,260,000 in loans.

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

    Realtor.com - CHARLESTON (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 $137,125 (-1.4%) $214,526 (1.5%) 0.51 1,174
    2018-02-01 $139,450 (-0.3%) $217,270 (-0.4%) 0.51 1,161
    2018-03-01 $139,900 (0.3%) $221,037 (0.8%) 0.49 1,166
    2018-04-01 $145,000 (2.1%) $229,065 (1.7%) 0.49 1,191
    2018-05-01 $142,225 (-1.7%) $225,532 (1.1%) 0.48 1,250
    2018-06-01 $144,900 (-1.1%) $225,693 (1.8%) 0.48 1,290
    2018-07-01 $145,000 (-2.7%) $227,935 (2.8%) 0.48 1,330
    2018-08-01 $145,000 (-3.0%) $228,592 (3.5%) 0.49 1,346
    2018-09-01 $146,750 (-1.4%) $231,141 (5.2%) 0.49 1,367
    2018-10-01 $149,800 (3.3%) $232,017 (6.8%) 0.51 1,308
    2018-11-01 $149,450 (4.7%) $235,903 (9.6%) 0.51 1,267
    2018-12-01 $145,000 (2.1%) $234,197 (8.0%) 0.50 1,201
    2019-01-01 $147,000 (7.2%) $234,623 (9.4%) 0.51 1,127
    2019-02-01 $149,125 (6.9%) $238,803 (9.9%) 0.50 1,123
    2019-03-01 $145,000 (3.7%) $235,007 (6.3%) 0.48 1,134
    2019-04-01 $149,900 (3.4%) $239,138 (4.4%) 0.48 1,116
    2019-05-01 $149,900 (5.4%) $242,672 (7.6%) 0.47 1,153
    2019-06-01 $149,900 (3.5%) $240,995 (6.8%) 0.47 1,217
    2019-07-01 $149,250 (2.9%) $231,504 (1.6%) 0.47 1,247
    2019-08-01 $149,375 (3.0%) $226,672 (-0.8%) 0.47 1,249
    2019-09-01 $149,900 (2.2%) $227,117 (-1.7%) 0.47 1,203
    2019-10-01 $149,900 (0.1%) $224,413 (-3.3%) 0.48 1,223
    2019-11-01 $149,000 (-0.3%) $221,567 (-6.1%) 0.49 1,197
    2019-12-01 $148,000 (2.1%) $224,519 (-4.1%) 0.49 1,146
    2020-01-01 $145,000 (-1.4%) $228,845 (-2.5%) 0.48 1,086
    2020-02-01 $146,000 (-2.1%) $228,200 (-4.4%) 0.48 1,040
    2020-03-01 $149,950 (3.4%) $236,751 (0.7%) 0.47 1,006
    2020-04-01 $156,350 (4.3%) $240,891 (0.7%) 0.49 933
    2020-05-01 $160,000 (6.7%) $252,510 (4.1%) 0.49 829
    2020-06-01 $161,450 (7.7%) $252,511 (4.8%) 0.48 815
    2020-07-01 $159,925 (7.2%) $256,104 (10.6%) 0.46 802
    2020-08-01 $160,710 (7.6%) $260,362 (14.9%) 0.46 767
    2020-09-01 $159,900 (6.7%) $257,848 (13.5%) 0.46 760
    2020-10-01 $160,348 (7.0%) $259,381 (15.6%) 0.46 748
    2020-11-01 $154,950 (4.0%) $248,324 (12.1%) 0.45 603
    2020-12-01 $149,700 (1.2%) $233,723 (4.1%) 0.45 565
    2021-01-01 $144,500 (-0.3%) $233,079 (1.9%) 0.43 508
    2021-02-01 $139,000 (-4.8%) $228,881 (0.3%) 0.40 462
    2021-03-01 $137,450 (-8.3%) $230,110 (-2.8%) 0.39 416
    2021-04-01 $137,000 (-12.4%) $248,130 (3.0%) 0.37 369
    2021-05-01 $139,900 (-12.6%) $248,851 (-1.5%) 0.37 388
    2021-06-01 $145,000 (-10.2%) $224,925 (-10.9%) 0.38 394
    2021-07-01 $149,900 (-6.3%) $218,567 (-14.7%) 0.40 394
    2021-08-01 $139,950 (-12.9%) $208,362 (-20.0%) 0.37 421
    2021-09-01 $149,900 (-6.3%) $206,685 (-19.8%) 0.40 441
    2021-10-01 $144,500 (-9.9%) $198,695 (-23.4%) 0.39 481
    2021-11-01 $143,950 (-7.1%) $202,837 (-18.3%) 0.38 436
    2021-12-01 $149,950 (0.2%) $200,775 (-14.1%) 0.41 419
    2022-01-01 $144,000 (-0.4%) $199,630 (-14.4%) 0.39 384
    2022-02-01 $148,750 (7.0%) $222,245 (-2.9%) 0.39 332
    2022-03-01 $143,700 (4.6%) $225,447 (-2.0%) 0.36 295
    2022-04-01 $148,250 (8.2%) $229,417 (-7.5%) 0.35 285
    2022-05-01 $153,215 (9.5%) $230,282 (-7.5%) 0.35 305
    2022-06-01 $150,000 (3.5%) $214,863 (-4.5%) 0.33 346
    2022-07-01 $150,000 (0.1%) $218,623 (0.0%) 0.34 384
    2022-08-01 $144,875 (3.5%) $203,546 (-2.3%) 0.33 394
    2022-09-01 $149,900 (0.0%) $205,740 (-0.5%) 0.35 387
    2022-10-01 $149,900 (3.7%) $206,000 (3.7%) 0.35 397
    2022-11-01 $145,000 (0.7%) $201,609 (-0.6%) 0.35 395
    2022-12-01 $140,000 (-6.6%) $196,501 (-2.1%) 0.35 388
    2023-01-01 $144,938 (0.7%) $197,266 (-1.2%) 0.36 363
    2023-02-01 $145,000 (-2.5%) $213,498 (-3.9%) 0.35 320
    2023-03-01 $152,090 (5.8%) $239,627 (6.3%) 0.36 312
    2023-04-01 $150,000 (1.2%) $238,705 (4.1%) 0.35 272
    CHARLESTON's median listing price for 2023-04-01 was $150,000, a difference of $1,750 (1.2%) versus the prior year and $-2,090 versus the prior month.

    CHARLESTON's median listing price comes in at 35% of the national average.

    CHARLESTON's average listing price for 2023-04-01 was $238,705, a difference of $9,288 (4.1%) versus the prior year and $-922 versus the prior month.

    For the 2023-04-01 period, CHARLESTON had 272 MLS listings, a difference of -40 listings (-13%) versus the prior month and -13 listings (-5%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - CHARLESTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 106 days 1,800 sqft
    2018-02-01 108 days 1,801 sqft
    2018-03-01 103 days 1,821 sqft
    2018-04-01 82 days 1,845 sqft
    2018-05-01 79 days 1,831 sqft
    2018-06-01 79 days 1,838 sqft
    2018-07-01 86 days 1,850 sqft
    2018-08-01 92 days 1,873 sqft
    2018-09-01 93 days 1,837 sqft
    2018-10-01 95 days 1,865 sqft
    2018-11-01 96 days 1,891 sqft
    2018-12-01 102 days 1,851 sqft
    2019-01-01 109 days 1,855 sqft
    2019-02-01 110 days 1,893 sqft
    2019-03-01 101 days 1,842 sqft
    2019-04-01 87 days 1,870 sqft
    2019-05-01 81 days 1,838 sqft
    2019-06-01 78 days 1,846 sqft
    2019-07-01 82 days 1,846 sqft
    2019-08-01 89 days 1,859 sqft
    2019-09-01 95 days 1,874 sqft
    2019-10-01 91 days 1,835 sqft
    2019-11-01 95 days 1,836 sqft
    2019-12-01 102 days 1,836 sqft
    2020-01-01 109 days 1,836 sqft
    2020-02-01 107 days 1,806 sqft
    2020-03-01 95 days 1,880 sqft
    2020-04-01 88 days 1,912 sqft
    2020-05-01 97 days 1,944 sqft
    2020-06-01 102 days 1,927 sqft
    2020-07-01 92 days 1,904 sqft
    2020-08-01 82 days 1,900 sqft
    2020-09-01 82 days 1,866 sqft
    2020-10-01 85 days 1,854 sqft
    2020-11-01 83 days 1,828 sqft
    2020-12-01 85 days 1,823 sqft
    2021-01-01 88 days 1,800 sqft
    2021-02-01 81 days 1,709 sqft
    2021-03-01 67 days 1,706 sqft
    2021-04-01 66 days 1,678 sqft
    2021-05-01 48 days 1,680 sqft
    2021-06-01 51 days 1,687 sqft
    2021-07-01 56 days 1,734 sqft
    2021-08-01 52 days 1,694 sqft
    2021-09-01 52 days 1,730 sqft
    2021-10-01 50 days 1,687 sqft
    2021-11-01 60 days 1,658 sqft
    2021-12-01 72 days 1,683 sqft
    2022-01-01 75 days 1,656 sqft
    2022-02-01 77 days 1,687 sqft
    2022-03-01 65 days 1,668 sqft
    2022-04-01 54 days 1,652 sqft
    2022-05-01 48 days 1,707 sqft
    2022-06-01 50 days 1,682 sqft
    2022-07-01 51 days 1,712 sqft
    2022-08-01 54 days 1,707 sqft
    2022-09-01 54 days 1,642 sqft
    2022-10-01 50 days 1,642 sqft
    2022-11-01 51 days 1,644 sqft
    2022-12-01 64 days 1,615 sqft
    2023-01-01 77 days 1,637 sqft
    2023-02-01 79 days 1,644 sqft
    2023-03-01 65 days 1,689 sqft
    2023-04-01 57 days 1,755 sqft
    CHARLESTON's median listing age (time on market) for 2023-04-01 was 57 days. This is 6% longer than the same period one year ago.

    CHARLESTON's median square footage for active listings during the 2023-04-01 period was 1,755 sqft. One year prior, the average listing was 1,652 sqft.

    CHARLESTON, WV Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    25003 Charleston, WV $550 $660 $790 $1,000 $1,110
    25015 Charleston, WV $510 $600 $730 $950 $1,030
    25019 Charleston, WV $490 $600 $730 $920 $1,030
    25025 Charleston, WV $590 $710 $860 $1,110 $1,200
    25030 Charleston, WV $490 $600 $730 $920 $1,030
    25035 Charleston, WV $490 $610 $730 $930 $1,030
    25036 Charleston, WV $500 $600 $730 $970 $1,030
    25039 Charleston, WV $520 $620 $750 $980 $1,050
    25043 Charleston, WV $490 $600 $730 $920 $1,030
    25045 Charleston, WV $530 $640 $770 $1,000 $1,080
    25054 Charleston, WV $580 $700 $840 $1,090 $1,180
    25059 Charleston, WV $500 $600 $730 $970 $1,030
    25061 Charleston, WV $580 $700 $840 $1,090 $1,180
    25063 Charleston, WV $490 $600 $730 $920 $1,030
    25064 Charleston, WV $610 $730 $880 $1,140 $1,230
    25067 Charleston, WV $590 $700 $850 $1,110 $1,190
    25071 Charleston, WV $600 $710 $860 $1,120 $1,200
    25075 Charleston, WV $580 $700 $840 $1,090 $1,180
    25079 Charleston, WV $580 $700 $840 $1,090 $1,180
    25083 Charleston, WV $570 $670 $820 $1,070 $1,150
    25086 Charleston, WV $530 $640 $770 $1,000 $1,080
    25088 Charleston, WV $490 $600 $730 $920 $1,030
    25102 Charleston, WV $580 $700 $840 $1,090 $1,180
    25103 Charleston, WV $580 $700 $840 $1,090 $1,180
    25107 Charleston, WV $570 $690 $810 $1,070 $1,200
    25110 Charleston, WV $580 $700 $840 $1,090 $1,180
    25111 Charleston, WV $490 $600 $730 $920 $1,030
    25112 Charleston, WV $610 $730 $880 $1,140 $1,230
    25113 Charleston, WV $490 $600 $730 $920 $1,030
    25124 Charleston, WV $670 $700 $910 $1,190 $1,380
    25125 Charleston, WV $490 $600 $730 $920 $1,030
    25126 Charleston, WV $580 $700 $840 $1,090 $1,180
    25132 Charleston, WV $520 $630 $760 $990 $1,060
    25133 Charleston, WV $490 $600 $730 $920 $1,030
    25134 Charleston, WV $580 $700 $840 $1,090 $1,180
    25136 Charleston, WV $500 $600 $730 $940 $1,030
    25141 Charleston, WV $490 $600 $730 $920 $1,030
    25143 Charleston, WV $640 $740 $910 $1,190 $1,310
    25156 Charleston, WV $580 $700 $840 $1,090 $1,180
    25159 Charleston, WV $850 $870 $1,140 $1,500 $1,760
    25160 Charleston, WV $530 $640 $770 $1,000 $1,070
    25162 Charleston, WV $510 $600 $730 $950 $1,030
    25164 Charleston, WV $490 $600 $730 $920 $1,030
    25177 Charleston, WV $590 $670 $820 $1,060 $1,280
    25201 Charleston, WV $620 $750 $900 $1,170 $1,260
    25202 Charleston, WV $550 $660 $790 $1,020 $1,110
    25211 Charleston, WV $490 $600 $730 $920 $1,030
    25214 Charleston, WV $580 $700 $840 $1,090 $1,180
    25235 Charleston, WV $490 $600 $730 $920 $1,030
    25248 Charleston, WV $590 $630 $820 $1,060 $1,280
    25285 Charleston, WV $490 $600 $730 $920 $1,030
    25286 Charleston, WV $580 $700 $840 $1,090 $1,180
    25301 Charleston, WV $560 $670 $810 $1,050 $1,130
    25302 Charleston, WV $550 $660 $800 $1,040 $1,120
    25303 Charleston, WV $550 $660 $800 $1,040 $1,120
    25304 Charleston, WV $580 $700 $840 $1,090 $1,180
    25305 Charleston, WV $580 $700 $840 $1,090 $1,180
    25306 Charleston, WV $650 $780 $940 $1,220 $1,320
    25309 Charleston, WV $510 $600 $730 $950 $1,030
    25311 Charleston, WV $580 $700 $840 $1,090 $1,180
    25312 Charleston, WV $600 $710 $860 $1,120 $1,280
    25313 Charleston, WV $610 $730 $880 $1,140 $1,230
    25314 Charleston, WV $660 $790 $950 $1,240 $1,330
    25315 Charleston, WV $530 $630 $760 $990 $1,060
    25320 Charleston, WV $530 $640 $770 $1,000 $1,080
    25321 Charleston, WV $580 $700 $840 $1,090 $1,180
    25322 Charleston, WV $580 $700 $840 $1,090 $1,180
    25323 Charleston, WV $580 $700 $840 $1,090 $1,180
    25324 Charleston, WV $580 $700 $840 $1,090 $1,180
    25325 Charleston, WV $580 $700 $840 $1,090 $1,180
    25326 Charleston, WV $580 $700 $840 $1,090 $1,180
    25327 Charleston, WV $580 $700 $840 $1,090 $1,180
    25328 Charleston, WV $580 $700 $840 $1,090 $1,180
    25329 Charleston, WV $580 $700 $840 $1,090 $1,180
    25330 Charleston, WV $580 $700 $840 $1,090 $1,180
    25331 Charleston, WV $580 $700 $840 $1,090 $1,180
    25332 Charleston, WV $580 $700 $840 $1,090 $1,180
    25333 Charleston, WV $580 $700 $840 $1,090 $1,180
    25334 Charleston, WV $580 $700 $840 $1,090 $1,180
    25335 Charleston, WV $580 $700 $840 $1,090 $1,180
    25336 Charleston, WV $580 $700 $840 $1,090 $1,180
    25337 Charleston, WV $580 $700 $840 $1,090 $1,180
    25338 Charleston, WV $580 $700 $840 $1,090 $1,180
    25339 Charleston, WV $580 $700 $840 $1,090 $1,180
    25361 Charleston, WV $580 $700 $840 $1,090 $1,180
    25362 Charleston, WV $580 $700 $840 $1,090 $1,180
    25364 Charleston, WV $580 $700 $840 $1,090 $1,180
    25387 Charleston, WV $580 $700 $840 $1,090 $1,180
    25389 Charleston, WV $580 $700 $840 $1,090 $1,180
    26617 Charleston, WV $490 $600 $730 $920 $1,030

    2022 Average & Median Rent Data Statistics
    CHARLESTON, WV average 1BR rent: $673, median: $700
    CHARLESTON, WV average 2BR rent: $814, median: $840
    CHARLESTON, WV average 3BR rent: $1,053, median: $1,090

    CHARLESTON, WV Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 2,361 $428,215,000 $181,370
    Refi 641 $112,155,000 $174,969
    Cash Out Refi 535 $73,695,000 $137,748
    Home Improvement 307 $19,385,000 $63,143
    Other 276 $22,960,000 $83,188

    Charleston's most frequently cited loan purpose was Home Purchase, with 2,361 originations. The 2nd most popular reason was Refi, with 641 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 947 $145,575,000 $153,722
    3-4% 790 $139,720,000 $176,861
    4-5% 786 $137,280,000 $174,656
    6-7% 452 $69,540,000 $153,850
    <2.5% 254 $23,750,000 $93,504
    2.5-3% 194 $31,370,000 $161,701
    7-8% 163 $21,155,000 $129,785
    Over 8% 107 $8,675,000 $81,075

    During 2022, Charleston's most frequently originated rate bucket was 5-6%, with 947 originations.

    Loan Sizing (CHARLESTON, WV MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 1,764 $248,210,000 $140,709
    $100,000 or less 1,570 $96,250,000 $61,306
    $200k-400k 659 $174,865,000 $265,349
    $400k-600k 72 $33,850,000 $470,139
    $600k-1000k 33 $24,485,000 $741,970
    $Over $1MM 22 $78,750,000 $3,579,545

    CHARLESTON's loan sizing saw the bucket of loans from $100k-200k with 1,764 originations, totaling $248,210,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 1,905 $318,775,000 $167,336
    60-80% 810 $160,850,000 $198,580
    20-40% 356 $27,000,000 $75,843
    40-60% 338 $38,270,000 $113,225
    Under 20% 229 $8,435,000 $36,834
    Over 100% 43 $21,455,000 $498,953

    CHARLESTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,905 originations, totaling $318,775,000 in origination value.