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 6.55% for the week of 2024-11-07, compared to the national average of 6.79% for the same period.

    The average rate for the prior week (2024-10-31) was 6.48% and one month ago for the week of 2024-10-03, the average rate was 6.18%.

    Charleston's average rate one year ago was 7.52%.

    For refis of the same type during the week of 2024-11-07, the average rate was 7.91%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-07 6.79%
    Charleston 30 Year Fixed Rate 2024-11-07 6.55%
    Charleston 30 Year Fixed Rate Refi 2024-11-07 7.91%
    Charleston 15 Year Fixed Rate 2024-11-07 6.1%
    Charleston 15 Year Fixed Rate Refi 2024-11-07 6.1%
    Charleston 30 Year FHA 2024-11-07 6.02%
    Charleston 30 Year FHA Refi 2024-11-07 6.33%
    Charleston 30 Year USDA 2024-11-07 6.44%
    Charleston 30 Year USDA Refi 2024-11-07 6.38%
    Charleston 30 Year VA 2024-11-07 6.71%
    Charleston 30 Year VA Refi 2024-11-07 6.14%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    City National Bank of West Virginia 144 6.10% $1,587
    QUICKEN LOANS, LLC 77 7.00% $5,498
    Victorian Finance, LLC 72 6.50% $4,052
    LOANDEPOT.COM, LLC 65 6.73% $4,457
    Gateway First Bank 65 6.68% $3,776
    JPMorgan Chase Bank 49 6.88% $4,508
    Truist 39 6.86% $3,651
    WesBanco 37 6.26% $4,179
    PRIMELENDING, A PLAINSCAPITAL COMPANY 30 7.28% $5,279
    CROSSCOUNTRY MORTGAGE, LLC 27 7.36% $5,847
    United Bank 27 6.14% $3,789
    The Huntington National Bank 23 6.67% $3,816
    MOVEMENT MORTGAGE, LLC 22 6.73% $4,568
    Fifth Third Bank 16 6.96% $4,197
    Summit Community Bank, Inc. 14 6.92% $3,193
    U.S. Bank 12 6.31% $3,647
    SUCCESS MORTGAGE PARTNERS, INC. 10 7.61% $6,178
    Peoples Bank 10 6.71% $4,421
    T2 FINANCIAL LLC 10 6.75% $4,630
    GUARANTEED RATE, INC. 9 7.27% $4,935
    HOMESPIRE MORTGAGE CORPORATION 9 6.88% $4,713
    UNITED WHOLESALE MORTGAGE, LLC 8 7.69% $4,998
    UNION HOME MORTGAGE CORP. 7 7.13% $4,520
    NAVY FEDERAL CREDIT UNION 7 7.45% $4,788
    AMERISAVE MORTGAGE CORPORATION 7 6.66% $7,868
    Wells Fargo Bank 6 7.08% $4,195
    The Ohio Valley Bank Company 5 6.18% $3,520
    Discover Bank 4 7.87% $0
    CALIBER HOME LOANS, INC. 4 6.78% $3,767
    BROKER SOLUTIONS, INC. 4 7.56% $5,430
    ROYAL UNITED MORTGAGE LLC 3 7.42% $6,164
    Mortgage Research Center, LLC 3 6.50% $1,751
    Huntington Federal Savings Bank 3 6.58% $3,248
    Ally Bank 3 6.88% $5,925
    BETTER MORTGAGE CORPORATION 3 7.04% $1,943
    Farm Credit of the Virginias, ACA 2 8.58% $4,695
    USAA Federal Savings Bank 2 6.81% $4,253
    First Horizon Bank 2 6.88% $5,203
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.88% $5,471
    CHURCHILL MORTGAGE CORPORATION 2 6.87% $4,094
    Waterstone Mortgage Corporation 2 7.75% $4,765
    Quontic Bank 2 9.19% $12,240
    INTERCOASTAL MORTGAGE COMPANY 2 6.56% $5,602
    POLARIS HOME FUNDING CORP. 2 6.56% $8,079
    Bank of England 2 6.56% $4,686
    PNC Bank 2 7.63% $4,436
    Mr. Cooper ( Nationstar Mortgage ) 2 7.49% $8,276
    Flagstar Bank, FSB 2 6.95% $4,683
    ZILLOW HOME LOANS, LLC 1 8.00% $3,555
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.63% $11,229
    AMERICAN FINANCING CORPORATION 1 6.63% $7,368
    American Mortgage & Equity Consultants, Inc. 1 7.13% $5,470
    Apple Federal Credit Union 1 6.13% $5,675
    ASHLAND Credit Union 1 6.25% $7,885
    Atlantic Union Bank 1 7.00% $6,626
    Bank of America 1 6.50% $3,140
    Baxter Credit Union 1 6.25% $7,003
    BNC National Bank 1 6.13% $3,032
    Carrington Mortgage Services, LLC 1 6.50% $8,277
    CONTOUR MORTGAGE CORPORATION 1 7.88% $7,990
    Deere Employees Credit Union 1 6.25% $4,233
    EASTMAN 1 6.50% $3,931
    FirstBank 1 7.13% $3,531
    First-Citizens Bank & Trust Company 1 7.63% $4,793
    First Federal Bank of the Midwest 1 6.50% $2,998
    First National Bank of Pennsylvania 1 5.38% $3,719
    FREEDOM MORTGAGE CORPORATION 1 6.25% $5,958
    Ixonia Bank 1 7.63% $9,253
    LIBERTY HOME MORTGAGE CORPORATION 1 6.50% $5,434
    NBKC BANK 1 7.00% $3,750
    NEWREZ LLC 1 6.63% $4,896
    PENNYMAC LOAN SERVICES, LLC 1 6.38% $4,376
    PENTAGON FEDERAL CREDIT UNION 1 6.38% $6,246
    PHH Mortgage Corporation 1 7.88% $5,700
    Princeton Mortgage Corporation 1 6.88% $3,782
    SOUTHWEST STAGE FUNDING, LLC 1 6.88% $4,705
    STAR USA FEDERAL CREDIT UNION 1 4.95% $4,229
    SUN WEST MORTGAGE COMPANY, INC. 1 6.87% $2,696
    The Park National Bank 1 6.88% $3,231
    Uwharrie Bank 1 6.75% $4,400

    CHARLESTON Average Closing Costs & Other Stats

    CHARLESTON, WV's 80 lenders originated 3,283 loans during 2023. The total origination value was $458,845,000, with an average loan value of $139,764.

    CHARLESTON's average closing costs are $4,263.

    The top CHARLESTON lender as defined by loan originations is City National Bank of West Virginia, with 144 loans originated. Their average total fees are $1,587, which is $3,911 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 ($1,587), Summit Community Bank, Inc. ($3,193), U.S. Bank ($3,647), Truist ($3,651) and Gateway First Bank ($3,776).

    The lowest rate CHARLESTON lenders (with over 10 loans originated) are City National Bank of West Virginia (6.10%), United Bank (6.14%), WesBanco (6.26%), U.S. Bank (6.31%) and Victorian Finance, LLC (6.50%).

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    City National Bank of West Virginia $57,180,000 $47,505,000 -16.9% 10.4%
    LOANDEPOT.COM, LLC $32,950,000 $29,450,000 -10.6% 6.4%
    The Poca Valley Bank, Inc. $23,155,000 $28,615,000 23.6% 6.2%
    QUICKEN LOANS, LLC $46,430,000 $27,745,000 -40.2% 6.0%
    Gateway First Bank $46,350,000 $25,370,000 -45.3% 5.5%
    Victorian Finance, LLC $33,260,000 $22,605,000 -32.0% 4.9%
    Truist $22,870,000 $17,970,000 -21.4% 3.9%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $27,635,000 $16,965,000 -38.6% 3.7%
    WesBanco $31,770,000 $16,310,000 -48.7% 3.6%
    Summit Community Bank, Inc. $33,760,000 $14,280,000 -57.7% 3.1%
    The Huntington National Bank $25,775,000 $14,120,000 -45.2% 3.1%
    JPMorgan Chase Bank $17,510,000 $13,580,000 -22.4% 3.0%
    MOVEMENT MORTGAGE, LLC $14,225,000 $12,355,000 -13.1% 2.7%
    Mortgage Research Center, LLC $16,385,000 $11,565,000 -29.4% 2.5%
    CROSSCOUNTRY MORTGAGE, LLC $8,845,000 $11,560,000 30.7% 2.5%
    United Bank $16,835,000 $9,535,000 -43.4% 2.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $7,915,000 $7,430,000 -6.1% 1.6%
    Putnam County Bank $11,950,000 $6,970,000 -41.7% 1.5%
    Fifth Third Bank $9,000,000 $6,070,000 -32.6% 1.3%
    SUCCESS MORTGAGE PARTNERS, INC. $5,885,000 n/a 1.3%
    GUARANTEED RATE, INC. $185,000 $5,485,000 2,864.9% 1.2%
    Clay County Bank, Inc. $6,105,000 $5,150,000 -15.6% 1.1%
    U.S. Bank $3,835,000 $4,915,000 28.2% 1.1%
    NAVY FEDERAL CREDIT UNION $1,970,000 $4,825,000 144.9% 1.1%
    AMERISAVE MORTGAGE CORPORATION $4,875,000 $4,350,000 -10.8% 0.9%
    HOMESPIRE MORTGAGE CORPORATION $5,205,000 $3,905,000 -25.0% 0.9%
    Peoples Bank $125,000 $3,645,000 2,816.0% 0.8%
    WEST VIRGINIA FEDERAL CREDIT UNION $3,475,000 n/a 0.8%
    BROKER SOLUTIONS, INC. $2,305,000 $3,245,000 40.8% 0.7%
    UNION HOME MORTGAGE CORP. $2,830,000 $2,830,000 0.0% 0.6%
    UNITED WHOLESALE MORTGAGE, LLC $1,365,000 $2,610,000 91.2% 0.6%
    Logan Bank & Trust Company $9,490,000 $2,515,000 -73.5% 0.5%
    T2 FINANCIAL LLC $375,000 $2,350,000 526.7% 0.5%
    Whitesville State Bank $2,235,000 n/a 0.5%
    ORIX REAL ESTATE CAPITAL, LLC $2,075,000 n/a 0.5%
    The Ohio Valley Bank Company $3,425,000 $2,020,000 -41.0% 0.4%
    POLARIS HOME FUNDING CORP. $1,195,000 $2,015,000 68.6% 0.4%
    THE STATE CREDIT UNION $2,010,000 n/a 0.4%
    Wells Fargo Bank $3,525,000 $1,965,000 -44.3% 0.4%
    CAMC Federal Credit Union $2,590,000 $1,905,000 -26.4% 0.4%
    Community Trust Bank, Inc. $545,000 $1,905,000 249.5% 0.4%
    PENNYMAC LOAN SERVICES, LLC $1,515,000 $1,820,000 20.1% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $2,890,000 $1,680,000 -41.9% 0.4%
    FREEDOM MORTGAGE CORPORATION $3,395,000 $1,575,000 -53.6% 0.3%
    Barrington Bank & Trust Company, N.A. $1,450,000 $1,370,000 -5.5% 0.3%
    The Federal Savings Bank $1,260,000 n/a 0.3%
    USAA Federal Savings Bank $3,505,000 $1,250,000 -64.3% 0.3%
    PNC Bank $1,450,000 $1,240,000 -14.5% 0.3%
    FIRST NEIGHBORHOOD BANK INC $1,190,000 n/a 0.3%
    Ally Bank $1,815,000 $935,000 -48.5% 0.2%
    American Mortgage & Equity Consultants, Inc. $910,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $990,000 $895,000 -9.6% 0.2%
    Discover Bank $470,000 $870,000 85.1% 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $445,000 $850,000 91.0% 0.2%
    Charles Schwab Bank, SSB $825,000 n/a 0.2%
    Members Choice WV Federal Credit Union $820,000 n/a 0.2%
    Quontic Bank $790,000 n/a 0.2%
    Williamstown Bank, Inc $785,000 n/a 0.2%
    Carrington Mortgage Services, LLC $1,080,000 $755,000 -30.1% 0.2%
    Equity Prime Mortgage LLC $3,335,000 $750,000 -77.5% 0.2%
    CALIBER HOME LOANS, INC. $1,075,000 $740,000 -31.2% 0.2%
    First Horizon Bank $125,000 $730,000 484.0% 0.2%
    MCNB Bank and Trust Co. $655,000 $700,000 6.9% 0.2%
    First Federal Bank of the Midwest $1,095,000 $685,000 -37.4% 0.1%
    Huntington Federal Savings Bank $1,080,000 $665,000 -38.4% 0.1%
    NBKC BANK $610,000 $630,000 3.3% 0.1%
    The Farmers Bank & Savings Company $1,785,000 $615,000 -65.5% 0.1%
    PENTAGON FEDERAL CREDIT UNION $730,000 $580,000 -20.5% 0.1%
    LENDINGONE, LLC $165,000 $575,000 248.5% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $570,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $165,000 $555,000 236.4% 0.1%
    Flagstar Bank, FSB $1,995,000 $535,000 -73.2% 0.1%
    ZILLOW HOME LOANS, LLC $225,000 $535,000 137.8% 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $620,000 $515,000 -16.9% 0.1%
    First-Citizens Bank & Trust Company $350,000 $515,000 47.1% 0.1%
    INTERCOASTAL MORTGAGE COMPANY $295,000 $485,000 64.4% 0.1%
    Waterstone Mortgage Corporation $480,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $925,000 $475,000 -48.6% 0.1%
    Bank of England $770,000 $475,000 -38.3% 0.1%
    Nations Lending Corporation $900,000 $475,000 -47.2% 0.1%
    STAR USA FEDERAL CREDIT UNION $830,000 $475,000 -42.8% 0.1%
    Farm Credit of the Virginias, ACA $1,315,000 $465,000 -64.6% 0.1%
    Bank of America $1,820,000 $430,000 -76.4% 0.1%
    Community Bank of Parkersburg $455,000 $405,000 -11.0% 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $1,795,000 $395,000 -78.0% 0.1%
    BETTER MORTGAGE CORPORATION $985,000 $385,000 -60.9% 0.1%
    Alcova Mortgage LLC $95,000 $360,000 278.9% 0.1%
    AMERICAN FINANCING CORPORATION $640,000 $360,000 -43.8% 0.1%
    BNC National Bank $220,000 $345,000 56.8% 0.1%
    LIMA ONE CAPITAL, LLC $335,000 n/a 0.1%
    First Savings Bank $195,000 $315,000 61.5% 0.1%
    DAS Acquisition Company, LLC $425,000 $310,000 -27.1% 0.1%
    DEEPHAVEN MORTGAGE LLC $295,000 n/a 0.1%
    Ixonia Bank $285,000 n/a 0.1%
    MORIA DEVELOPMENT, INC. $115,000 $285,000 147.8% 0.1%
    CMG MORTGAGE, INC. $275,000 n/a 0.1%
    First National Bank of Pennsylvania $1,390,000 $275,000 -80.2% 0.1%
    Uwharrie Bank $275,000 n/a 0.1%
    Deere Employees Credit Union $265,000 n/a 0.1%
    M&T Bank $305,000 $240,000 -21.3% 0.1%
    Atlantic Union Bank $195,000 $235,000 20.5% 0.1%
    Calhoun County Bank, Inc. $610,000 $235,000 -61.5% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $225,000 n/a 0.0%
    CHURCHILL MORTGAGE CORPORATION $1,235,000 $220,000 -82.2% 0.0%
    Baxter Credit Union $215,000 n/a 0.0%
    First Guaranty Bank $215,000 n/a 0.0%
    CONTOUR MORTGAGE CORPORATION $155,000 $205,000 32.3% 0.0%
    ASHLAND Credit Union $105,000 $195,000 85.7% 0.0%
    Community First National Bank $195,000 n/a 0.0%
    Paramount Residential Mortgage Group, Inc. $185,000 $195,000 5.4% 0.0%
    The Park National Bank $195,000 n/a 0.0%
    US MORTGAGE CORPORATION $125,000 $195,000 56.0% 0.0%
    PHH Mortgage Corporation $135,000 $190,000 40.7% 0.0%
    Armed Forces Bank $335,000 $185,000 -44.8% 0.0%
    FirstBank $390,000 $185,000 -52.6% 0.0%
    WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION $220,000 $185,000 -15.9% 0.0%
    SOUTHWEST STAGE FUNDING, LLC $205,000 $180,000 -12.2% 0.0%
    EASTMAN $95,000 $175,000 84.2% 0.0%
    Princeton Mortgage Corporation $175,000 n/a 0.0%
    NEWREZ LLC $890,000 $170,000 -80.9% 0.0%
    LAFAYETTE FEDERAL CREDIT UNION $165,000 n/a 0.0%
    GUILD MORTGAGE COMPANY $55,000 $145,000 163.6% 0.0%
    TOTAL MORTGAGE SERVICES, LLC $145,000 n/a 0.0%
    Bethpage Federal Credit Union $135,000 n/a 0.0%
    Apple Federal Credit Union $185,000 $115,000 -37.8% 0.0%
    LAKEVIEW LOAN SERVICING, LLC $615,000 $115,000 -81.3% 0.0%
    COMMONWEALTH ONE FEDERAL CREDIT UNION $105,000 n/a 0.0%
    AMERICAN HERITAGE LENDING, INC. $200,000 $95,000 -52.5% 0.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $610,000 $95,000 -84.4% 0.0%
    LENDINGHOME FUNDING CORPORATION $1,010,000 $85,000 -91.6% 0.0%
    VELOCITY COMMERCIAL CAPITAL, LLC $85,000 n/a 0.0%
    FINANCE OF AMERICA MORTGAGE LLC $350,000 $55,000 -84.3% 0.0%
    Secured Investment Corp. $55,000 n/a 0.0%
    CITIZENS EQUITY FIRST $50,000 n/a 0.0%
    Arvest Bank $570,000 $45,000 -92.1% 0.0%
    PLANET HOME LENDING, LLC $640,000 $35,000 -94.5% 0.0%
    BAYER HERITAGE $310,000 $25,000 -91.9% 0.0%

    CHARLESTON's top lender by overall market share is City National Bank of West Virginia, with 10.4% market share. In second place, with 6.4%, is LOANDEPOT.COM, LLC, having originated $29,450,000 in loans. In third place, with 6.2%, is The Poca Valley Bank, Inc., having originated $28,615,000 in loans. In fourth place, with 6.0%, is QUICKEN LOANS, LLC, having originated $27,745,000 in loans. In fifth place, with 5.5%, is Gateway First Bank, having originated $25,370,000 in loans.

    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 HUD Metro FMR Area $640 $720 $880 $1,100 $1,190
    25015 Charleston, WV HUD Metro FMR Area $560 $650 $780 $1,020 $1,070
    25019 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25025 Charleston, WV HUD Metro FMR Area $710 $820 $990 $1,300 $1,360
    25030 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25035 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25036 Charleston, WV HUD Metro FMR Area $590 $680 $850 $1,130 $1,290
    25039 Charleston, WV HUD Metro FMR Area $590 $690 $830 $1,090 $1,140
    25043 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25045 Charleston, WV HUD Metro FMR Area $630 $730 $880 $1,160 $1,210
    25054 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25059 Charleston, WV HUD Metro FMR Area $550 $630 $800 $1,080 $1,330
    25061 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25063 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25064 Charleston, WV HUD Metro FMR Area $700 $810 $980 $1,290 $1,340
    25067 Charleston, WV HUD Metro FMR Area $670 $780 $940 $1,230 $1,290
    25071 Charleston, WV HUD Metro FMR Area $640 $740 $890 $1,170 $1,220
    25075 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25079 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25083 Charleston, WV HUD Metro FMR Area $600 $690 $860 $1,140 $1,290
    25086 Charleston, WV HUD Metro FMR Area $590 $690 $830 $1,090 $1,140
    25088 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25102 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25103 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25107 Charleston, WV HUD Metro FMR Area $650 $740 $890 $1,160 $1,250
    25110 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25111 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25112 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25113 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25124 Charleston, WV HUD Metro FMR Area $760 $780 $1,000 $1,330 $1,520
    25125 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25126 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25132 Charleston, WV HUD Metro FMR Area $600 $700 $850 $1,110 $1,160
    25133 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25134 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25136 Charleston, WV HUD Metro FMR Area $520 $630 $750 $980 $1,130
    25141 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25143 Charleston, WV HUD Metro FMR Area $710 $790 $970 $1,270 $1,380
    25156 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25159 Charleston, WV HUD Metro FMR Area $960 $970 $1,250 $1,660 $1,930
    25160 Charleston, WV HUD Metro FMR Area $620 $720 $870 $1,150 $1,200
    25162 Charleston, WV HUD Metro FMR Area $550 $640 $770 $1,010 $1,060
    25164 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25177 Charleston, WV HUD Metro FMR Area $640 $740 $890 $1,170 $1,310
    25201 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25202 Charleston, WV HUD Metro FMR Area $630 $720 $880 $1,130 $1,190
    25211 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25214 Charleston, WV HUD Metro FMR Area $560 $650 $780 $1,030 $1,110
    25235 Charleston, WV HUD Metro FMR Area $540 $630 $760 $1,000 $1,060
    25248 Charleston, WV HUD Metro FMR Area $630 $690 $850 $1,120 $1,310
    25285 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060
    25286 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25301 Charleston, WV HUD Metro FMR Area $640 $740 $890 $1,170 $1,220
    25302 Charleston, WV HUD Metro FMR Area $620 $710 $860 $1,130 $1,180
    25303 Charleston, WV HUD Metro FMR Area $630 $730 $880 $1,160 $1,210
    25304 Charleston, WV HUD Metro FMR Area $690 $800 $960 $1,260 $1,320
    25305 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25306 Charleston, WV HUD Metro FMR Area $790 $910 $1,100 $1,440 $1,510
    25309 Charleston, WV HUD Metro FMR Area $570 $660 $790 $1,040 $1,080
    25311 Charleston, WV HUD Metro FMR Area $640 $750 $900 $1,180 $1,230
    25312 Charleston, WV HUD Metro FMR Area $690 $800 $960 $1,260 $1,320
    25313 Charleston, WV HUD Metro FMR Area $680 $790 $950 $1,250 $1,300
    25314 Charleston, WV HUD Metro FMR Area $730 $850 $1,020 $1,340 $1,400
    25315 Charleston, WV HUD Metro FMR Area $620 $710 $860 $1,130 $1,180
    25320 Charleston, WV HUD Metro FMR Area $590 $680 $820 $1,080 $1,120
    25321 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25322 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25323 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25324 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25325 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25326 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25327 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25328 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25329 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25330 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25331 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25332 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25333 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25334 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25335 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25336 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25337 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25338 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25339 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25361 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25362 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25364 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25387 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    25389 Charleston, WV HUD Metro FMR Area $650 $760 $910 $1,190 $1,250
    26617 Charleston, WV HUD Metro FMR Area $530 $630 $750 $980 $1,060

    2022 Average & Median Rent Data Statistics
    CHARLESTON, WV average 1BR rent: $728, median: $760
    CHARLESTON, WV average 2BR rent: $876, median: $910
    CHARLESTON, WV average 3BR rent: $1,148, median: $1,190

    CHARLESTON, WV Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 2,048 $342,200,000 $167,090
    Cash Out Refi 371 $41,235,000 $111,146
    Refi 309 $36,875,000 $119,337
    Home Improvement 281 $16,445,000 $58,523
    Other 274 $22,090,000 $80,620

    Charleston's most frequently cited loan purpose was Home Purchase, with 2,048 originations. The 2nd most popular reason was Cash Out Refi, with 371 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 1,027 $164,315,000 $159,995
    7-8% 660 $106,020,000 $160,636
    5-6% 527 $80,715,000 $153,159
    Over 8% 403 $37,965,000 $94,206
    <2.5% 94 $5,470,000 $58,191
    2.5-3% 64 $4,550,000 $71,094
    4-5% 41 $5,485,000 $133,780
    3-4% 23 $1,535,000 $66,739

    During 2023, Charleston's most frequently originated rate bucket was 6-7%, with 1,027 originations.

    Loan Sizing (CHARLESTON, WV MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 1,396 $77,860,000 $55,774
    $100k-200k 1,248 $176,900,000 $141,747
    $200k-400k 533 $141,385,000 $265,263
    $400k-600k 73 $34,295,000 $469,795
    $600k-1000k 26 $18,460,000 $710,000
    $Over $1MM 7 $9,945,000 $1,420,714

    CHARLESTON's loan sizing saw the bucket of loans from $100,000 or less with 1,396 originations, totaling $77,860,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 1,475 $262,555,000 $178,003
    60-80% 455 $70,405,000 $154,736
    20-40% 325 $23,555,000 $72,477
    40-60% 268 $30,680,000 $114,478
    Under 20% 267 $8,035,000 $30,094
    Over 100% 42 $7,780,000 $185,238

    CHARLESTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,475 originations, totaling $262,555,000 in origination value.