Mayfield 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 Mayfield averaged 7.06% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 7.08% and one month ago for the week of 2025-03-06, the average rate was 6.77%.

    Mayfield's average rate one year ago was 6.96%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.92%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Mayfield 30 Year Fixed Rate 2025-04-10 7.06%
    Mayfield 30 Year Fixed Rate Refi 2025-04-10 6.92%
    Mayfield 15 Year Fixed Rate 2025-04-10 5.72%
    Mayfield 15 Year Fixed Rate Refi 2025-04-10 6.12%
    Mayfield 30 Year FHA 2025-04-10 6.58%
    Mayfield 30 Year FHA Refi 2025-04-10 6.23%
    Mayfield 30 Year USDA 2025-04-10 6.25%
    Mayfield 30 Year USDA Refi 2025-04-10 6.35%
    Mayfield 30 Year VA 2025-04-10 6.09%
    Mayfield 30 Year VA Refi 2025-04-10 6.19%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mayfield, KY.

    Mayfield 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 Mayfield, KY 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Magnolia Bank 18 6.74% $3,091
    U.S. Bank 14 6.93% $2,973
    GERSHMAN INVESTMENT CORP. 13 6.89% $3,390
    QUICKEN LOANS, LLC 12 6.89% $5,157
    Independence Bank of Kentucky 11 6.92% $2,841
    Regions Bank 9 7.28% $3,524
    River Valley AgCredit, ACA 6 7.00% $6,557
    UNITED WHOLESALE MORTGAGE, LLC 6 6.85% $5,055
    21ST MORTGAGE CORPORATION 4 9.25% $6,232
    STOCKTON MORTGAGE CORPORATION 3 7.63% $3,695
    LOANDEPOT.COM, LLC 3 6.70% $6,256
    UNION HOME MORTGAGE CORP. 2 6.75% $2,931
    Carrington Mortgage Services, LLC 2 6.88% $5,182
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.50% $5,560
    The Huntington National Bank 2 7.25% $2,124
    Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $8,844
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.49% $2,304
    Nations Lending Corporation 1 6.63% $5,424
    NAVY FEDERAL CREDIT UNION 1 7.38% $4,013
    ROYAL UNITED MORTGAGE LLC 1 7.63% $7,920
    Truist 1 6.99% $3,103
    ZILLOW HOME LOANS, LLC 1 7.13% $6,658
    AgFirst Farm Credit Bank 1 7.88% $3,782
    AMERISAVE MORTGAGE CORPORATION 1 7.50% $3,878
    Barrington Bank & Trust Company, N.A. 1 6.99% $3,125
    CapStar Bank 1 6.49% $3,297
    EVERETT FINANCIAL, INC. 1 6.75% $7,465
    First Citizens National Bank 1 6.75% $2,965
    FirstTrust Home Loans, Inc. 1 6.49% $2,810
    Fortera Federal Credit Union 1 6.88% $3,465
    FREEDOM MORTGAGE CORPORATION 1 6.88% $3,363
    GUARANTEED RATE, INC. 1 7.13% $4,022
    GUILD MORTGAGE COMPANY 1 6.88% $5,398
    JPMorgan Chase Bank 1 7.13% $5,731
    Morgantown Bank & Trust Company, Incorporated 1 7.38% $3,063
    Mortgage Research Center, LLC 1 7.63% $1,820

    Mayfield Average Closing Costs & Other Stats

    Mayfield, KY's 36 lenders originated 531 loans during 2024. The total origination value was $79,205,000, with an average loan value of $149,162.

    Mayfield's average closing costs are $4,407.

    The top Mayfield lender as defined by loan originations is Magnolia Bank, with 18 loans originated. Their average total fees are $3,091, which is $118 higher than the next largest lender, U.S. Bank.

    The lowest fee Mayfield lenders (with over 10 loans originated) are Independence Bank of Kentucky ($2,841), U.S. Bank ($2,973), Magnolia Bank ($3,091), GERSHMAN INVESTMENT CORP. ($3,390) and QUICKEN LOANS, LLC ($5,157).

    The lowest rate Mayfield lenders (with over 10 loans originated) are Magnolia Bank (6.74%), QUICKEN LOANS, LLC (6.89%), GERSHMAN INVESTMENT CORP. (6.89%), Independence Bank of Kentucky (6.92%) and U.S. Bank (6.93%).

    Mayfield, KY 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    U.S. Bank $5,745,000 $5,605,000 -2.4% 7.1%
    QUICKEN LOANS, LLC $2,735,000 $5,455,000 99.5% 6.9%
    GERSHMAN INVESTMENT CORP. $3,300,000 $5,060,000 53.3% 6.4%
    FNB Bank, Inc. $4,360,000 $4,820,000 10.6% 6.1%
    Magnolia Bank $2,525,000 $4,700,000 86.1% 5.9%
    Independence Bank of Kentucky $4,340,000 $4,305,000 -0.8% 5.4%
    Mortgage Research Center, LLC $2,630,000 $3,990,000 51.7% 5.0%
    UNITED WHOLESALE MORTGAGE, LLC $2,445,000 $3,555,000 45.4% 4.5%
    Regions Bank $2,975,000 $3,250,000 9.2% 4.1%
    The Paducah Bank and Trust Company $2,010,000 $1,940,000 -3.5% 2.4%
    LOANDEPOT.COM, LLC $1,820,000 n/a 2.3%
    River Valley AgCredit, ACA $2,790,000 $1,815,000 -34.9% 2.3%
    STOCKTON MORTGAGE CORPORATION $3,740,000 $1,770,000 -52.7% 2.2%
    21ST MORTGAGE CORPORATION $280,000 $1,390,000 396.4% 1.8%
    EVERETT FINANCIAL, INC. $1,145,000 $1,105,000 -3.5% 1.4%
    FREEDOM MORTGAGE CORPORATION $1,070,000 n/a 1.4%
    RUOFF MORTGAGE COMPANY, INC. $1,290,000 $1,030,000 -20.2% 1.3%
    TOWNE MORTGAGE COMPANY $855,000 n/a 1.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $975,000 $805,000 -17.4% 1.0%
    NAVY FEDERAL CREDIT UNION $610,000 $760,000 24.6% 1.0%
    CROSSCOUNTRY MORTGAGE, LLC $295,000 $755,000 155.9% 1.0%
    PENNYMAC LOAN SERVICES, LLC $765,000 $575,000 -24.8% 0.7%
    USAA Federal Savings Bank $195,000 $530,000 171.8% 0.7%
    UNION HOME MORTGAGE CORP. $500,000 n/a 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $270,000 $470,000 74.1% 0.6%
    AgFirst Farm Credit Bank $585,000 $420,000 -28.2% 0.5%
    TOP FLITE FINANCIAL, INC. $95,000 $420,000 342.1% 0.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $235,000 $380,000 61.7% 0.5%
    The Huntington National Bank $350,000 n/a 0.4%
    JPMorgan Chase Bank $660,000 $325,000 -50.8% 0.4%
    PLAZA HOME MORTGAGE, INC. $215,000 $320,000 48.8% 0.4%
    VILLAGE CAPITAL MORTGAGE $320,000 n/a 0.4%
    ZILLOW HOME LOANS, LLC $320,000 n/a 0.4%
    CIS Financial Services, Inc. $165,000 $300,000 81.8% 0.4%
    Carrington Mortgage Services, LLC $260,000 $290,000 11.5% 0.4%
    ENVOY MORTGAGE, LTD $275,000 n/a 0.3%
    LAKEVIEW LOAN SERVICING, LLC $205,000 $265,000 29.3% 0.3%
    First Financial Bank $285,000 $255,000 -10.5% 0.3%
    MOVEMENT MORTGAGE, LLC $135,000 $255,000 88.9% 0.3%
    Discover Bank $205,000 $250,000 22.0% 0.3%
    AMERISAVE MORTGAGE CORPORATION $505,000 $245,000 -51.5% 0.3%
    GUARANTEED RATE, INC. $390,000 $245,000 -37.2% 0.3%
    T2 FINANCIAL LLC $235,000 n/a 0.3%
    1ST SIGNATURE LENDING, LLC $225,000 n/a 0.3%
    CapStar Bank $195,000 $205,000 5.1% 0.3%
    Century Mortgage Company DBA Century Lending Company $200,000 n/a 0.3%
    ROYAL UNITED MORTGAGE LLC $835,000 $200,000 -76.0% 0.3%
    Waterstone Mortgage Corporation $185,000 n/a 0.2%
    EMM LOANS LLC $215,000 $175,000 -18.6% 0.2%
    The Federal Savings Bank $165,000 $175,000 6.1% 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $165,000 n/a 0.2%
    CARDINAL FINANCIAL $175,000 $160,000 -8.6% 0.2%
    AMERICAN FINANCING CORPORATION $155,000 n/a 0.2%
    PLANET HOME LENDING, LLC $155,000 n/a 0.2%
    FirstBank $175,000 $150,000 -14.3% 0.2%
    GUILD MORTGAGE COMPANY $145,000 n/a 0.2%
    Morgantown Bank & Trust Company, Incorporated $145,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $105,000 $145,000 38.1% 0.2%
    Old Missouri Bank $145,000 n/a 0.2%
    Truist $245,000 $145,000 -40.8% 0.2%
    Fortera Federal Credit Union $135,000 n/a 0.2%
    NBKC BANK $135,000 n/a 0.2%
    LONGBRIDGE FINANCIAL, LLC $125,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.1%
    ATLANTA POSTAL $105,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $105,000 n/a 0.1%
    First Citizens National Bank $105,000 n/a 0.1%
    Northpointe Bank $105,000 n/a 0.1%
    Pinnacle Bank $105,000 n/a 0.1%
    NEWREZ LLC $85,000 n/a 0.1%
    Nations Lending Corporation $75,000 n/a 0.1%
    Renasant Bank $325,000 $75,000 -76.9% 0.1%
    Equity Prime Mortgage LLC $65,000 n/a 0.1%
    Bank of America $55,000 n/a 0.1%
    FirstTrust Home Loans, Inc. $1,025,000 $45,000 -95.6% 0.1%
    Barrington Bank & Trust Company, N.A. $35,000 n/a 0.0%
    Coastal Community Bank $140,000 $15,000 -89.3% 0.0%

    Mayfield's top lender by overall market share is U.S. Bank, with 7.1% market share. In second place, with 6.9%, is QUICKEN LOANS, LLC, having originated $5,455,000 in loans. In third place, with 6.4%, is GERSHMAN INVESTMENT CORP., having originated $5,060,000 in loans. In fourth place, with 6.1%, is FNB Bank, Inc., having originated $4,820,000 in loans. In fifth place, with 5.9%, is Magnolia Bank, having originated $4,700,000 in loans.

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

    Realtor.com - Mayfield (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 $123,750 (-1.9%) $150,829 (5.0%) 0.00 124
    2018-02-01 $123,250 (-4.2%) $150,774 (-0.7%) 0.00 116
    2018-03-01 $134,000 (-2.2%) $163,181 (5.2%) 0.00 118
    2018-04-01 $136,000 (-2.5%) $157,930 (0.2%) 0.00 139
    2018-05-01 $132,750 (-5.1%) $159,877 (-1.0%) 0.00 143
    2018-06-01 $147,250 (3.7%) $164,251 (1.6%) 0.00 152
    2018-07-01 $147,350 (6.9%) $168,873 (7.6%) 0.00 156
    2018-08-01 $138,325 (6.5%) $169,926 (10.9%) 0.00 152
    2018-09-01 $126,950 (10.9%) $165,240 (9.0%) 0.00 146
    2018-10-01 $123,150 (3.4%) $165,562 (9.7%) 0.00 131
    2018-11-01 $119,200 (-1.9%) $159,218 (5.1%) 0.00 132
    2018-12-01 $121,400 (1.8%) $158,661 (7.7%) 0.00 125
    2019-01-01 $119,900 (-3.1%) $157,027 (4.1%) 0.00 106
    2019-02-01 $125,725 (2.0%) $151,569 (0.5%) 0.00 111
    2019-03-01 $134,207 (0.2%) $164,138 (0.6%) 0.00 102
    2019-04-01 $139,925 (2.9%) $174,545 (10.5%) 0.00 97
    2019-05-01 $137,450 (3.5%) $179,814 (12.5%) 0.00 114
    2019-06-01 $137,000 (-7.0%) $187,221 (14.0%) 0.00 121
    2019-07-01 $134,925 (-8.4%) $190,859 (13.0%) 0.00 110
    2019-08-01 $138,886 (0.4%) $187,120 (10.1%) 0.00 111
    2019-09-01 $144,716 (14.0%) $179,898 (8.9%) 0.00 113
    2019-10-01 $148,227 (20.4%) $172,465 (4.2%) 0.00 115
    2019-11-01 $140,200 (17.6%) $166,794 (4.8%) 0.00 112
    2019-12-01 $146,700 (20.8%) $171,667 (8.2%) 0.00 100
    2020-01-01 $148,625 (24.0%) $172,734 (10.0%) 0.00 90
    2020-02-01 $139,900 (11.3%) $177,708 (17.3%) 0.00 64
    2020-03-01 $139,000 (3.6%) $183,423 (11.8%) 0.00 63
    2020-04-01 $143,375 (2.5%) $186,396 (6.8%) 0.00 58
    2020-05-01 $159,200 (15.8%) $196,904 (9.5%) 0.00 50
    2020-06-01 $162,225 (18.4%) $209,318 (11.8%) 0.00 46
    2020-07-01 $134,900 (0.0%) $199,178 (4.4%) 0.00 43
    2020-08-01 $143,700 (3.5%) $195,120 (4.3%) 0.00 42
    2020-09-01 $162,400 (12.2%) $192,297 (6.9%) 0.00 41
    2020-10-01 $160,000 (7.9%) $204,158 (18.4%) 0.00 39
    2020-11-01 $145,925 (4.1%) $196,635 (17.9%) 0.00 34
    2020-12-01 $134,900 (-8.0%) $174,572 (1.7%) 0.00 32
    2021-01-01 $139,900 (-5.9%) $186,046 (7.7%) 0.00 31
    2021-02-01 $160,750 (14.9%) $194,018 (9.2%) 0.00 30
    2021-03-01 $175,725 (26.4%) $207,792 (13.3%) 0.00 20
    2021-04-01 $149,400 (4.2%) $181,868 (-2.4%) 0.00 27
    2021-05-01 $144,900 (-9.0%) $222,004 (12.8%) 0.00 26
    2021-06-01 $149,450 (-7.9%) $214,194 (2.3%) 0.00 33
    2021-07-01 $143,750 (6.6%) $200,670 (0.8%) 0.00 37
    2021-08-01 $149,900 (4.3%) $249,888 (28.1%) 0.00 43
    2021-09-01 $148,675 (-8.5%) $230,682 (20.0%) 0.00 48
    2021-10-01 $160,000 (0.0%) $237,649 (16.4%) 0.00 45
    2021-11-01 $185,925 (27.4%) $242,817 (23.5%) 0.00 46
    2021-12-01 $184,350 (36.7%) $246,425 (41.2%) 0.00 44
    2022-01-01 $174,900 (25.0%) $242,719 (30.5%) 0.00 33
    2022-02-01 $170,950 (6.4%) $236,884 (22.1%) 0.00 30
    2022-03-01 $219,900 (25.1%) $244,635 (17.7%) 0.00 22
    2022-04-01 $199,450 (33.5%) $241,966 (33.1%) 0.00 21
    2022-05-01 $214,725 (48.2%) $232,488 (4.7%) 0.00 25
    2022-06-01 $244,950 (63.9%) $245,278 (14.5%) 0.00 29
    2022-07-01 $229,000 (59.3%) $241,847 (20.5%) 0.00 33
    2022-08-01 $205,250 (36.9%) $234,378 (-6.2%) 0.00 42
    2022-09-01 $192,165 (29.3%) $225,326 (-2.3%) 0.00 50
    2022-10-01 $212,000 (32.5%) $229,540 (-3.4%) 0.00 50
    2022-11-01 $189,950 (2.2%) $210,418 (-13.3%) 0.00 55
    2022-12-01 $201,950 (9.6%) $231,947 (-5.9%) 0.00 45
    2023-01-01 $204,900 (17.2%) $237,482 (-2.2%) 0.00 41
    2023-02-01 $184,450 (7.9%) $238,424 (0.7%) 0.00 32
    2023-03-01 $210,000 (-4.5%) $266,429 (8.9%) 0.00 32
    2023-04-01 $204,900 (2.7%) $274,950 (13.6%) 0.00 37
    2023-05-01 $202,400 (-5.7%) $269,958 (16.1%) 0.00 35
    2023-06-01 $260,950 (6.5%) $293,565 (19.7%) 0.00 40
    2023-07-01 $269,900 (17.9%) $290,879 (20.3%) 0.00 44
    2023-08-01 $244,450 (19.1%) $269,655 (15.1%) 0.00 51
    2023-09-01 $254,750 (32.6%) $285,060 (26.5%) 0.00 51
    2023-10-01 $229,675 (8.3%) $269,682 (17.5%) 0.00 55
    2023-11-01 $220,175 (15.9%) $258,507 (22.9%) 0.00 56
    2023-12-01 $222,450 (10.2%) $258,665 (11.5%) 0.00 58
    2024-01-01 $219,750 (7.3%) $249,568 (5.1%) 0.00 57
    2024-02-01 $201,500 (9.2%) $252,324 (5.8%) 0.00 50
    2024-03-01 $227,500 (8.3%) $273,791 (2.8%) 0.00 54
    2024-04-01 $212,400 (3.7%) $273,125 (-0.7%) 0.00 53
    2024-05-01 $238,500 (17.8%) $300,710 (11.4%) 0.00 53
    2024-06-01 $245,000 (-6.1%) $296,194 (0.9%) 0.00 51
    2024-07-01 $234,800 (-13.0%) $271,660 (-6.6%) 0.00 55
    2024-08-01 $231,900 (-5.1%) $268,541 (-0.4%) 0.00 65
    2024-09-01 $227,450 (-10.7%) $272,699 (-4.3%) 0.00 74
    2024-10-01 $237,225 (3.3%) $276,243 (2.4%) 0.00 70
    2024-11-01 $265,750 (20.7%) $297,823 (15.2%) 0.00 61
    2024-12-01 $261,625 (17.6%) $288,267 (11.4%) 0.00 63
    2025-01-01 $243,200 (10.7%) $275,575 (10.4%) 0.00 64
    2025-02-01 $256,250 (27.2%) $283,879 (12.5%) 0.00 66
    2025-03-01 $259,900 (14.2%) $273,268 (-0.2%) 0.00 55
    Mayfield's median listing price for 2025-03-01 was $259,900, a difference of $32,400 (14.2%) versus the prior year and $3,650 versus the prior month.

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

    Mayfield's average listing price for 2025-03-01 was $273,268, a difference of $-523 (-0.2%) versus the prior year and $-10,611 versus the prior month.

    For the 2025-03-01 period, Mayfield had 55 MLS listings, a difference of -11 listings (-17%) versus the prior month and 1 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Mayfield (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,766 sqft
    2018-02-01 0 days 1,758 sqft
    2018-03-01 0 days 1,870 sqft
    2018-04-01 0 days 1,762 sqft
    2018-05-01 0 days 1,760 sqft
    2018-06-01 0 days 1,781 sqft
    2018-07-01 0 days 1,853 sqft
    2018-08-01 0 days 1,769 sqft
    2018-09-01 0 days 1,700 sqft
    2018-10-01 0 days 1,713 sqft
    2018-11-01 0 days 1,707 sqft
    2018-12-01 0 days 1,700 sqft
    2019-01-01 0 days 1,705 sqft
    2019-02-01 0 days 1,704 sqft
    2019-03-01 0 days 1,754 sqft
    2019-04-01 0 days 1,786 sqft
    2019-05-01 0 days 1,764 sqft
    2019-06-01 0 days 1,820 sqft
    2019-07-01 0 days 1,820 sqft
    2019-08-01 0 days 1,777 sqft
    2019-09-01 0 days 1,799 sqft
    2019-10-01 0 days 1,806 sqft
    2019-11-01 0 days 1,751 sqft
    2019-12-01 0 days 1,901 sqft
    2020-01-01 0 days 1,942 sqft
    2020-02-01 0 days 1,913 sqft
    2020-03-01 0 days 1,882 sqft
    2020-04-01 0 days 1,887 sqft
    2020-05-01 0 days 1,907 sqft
    2020-06-01 0 days 1,900 sqft
    2020-07-01 0 days 1,800 sqft
    2020-08-01 0 days 1,800 sqft
    2020-09-01 0 days 1,858 sqft
    2020-10-01 0 days 1,800 sqft
    2020-11-01 0 days 1,730 sqft
    2020-12-01 0 days 1,613 sqft
    2021-01-01 0 days 1,691 sqft
    2021-02-01 0 days 1,755 sqft
    2021-03-01 0 days 2,000 sqft
    2021-04-01 0 days 1,697 sqft
    2021-05-01 0 days 1,872 sqft
    2021-06-01 0 days 1,801 sqft
    2021-07-01 0 days 1,620 sqft
    2021-08-01 0 days 1,803 sqft
    2021-09-01 0 days 1,791 sqft
    2021-10-01 0 days 1,754 sqft
    2021-11-01 0 days 1,772 sqft
    2021-12-01 0 days 1,847 sqft
    2022-01-01 0 days 1,765 sqft
    2022-02-01 0 days 1,773 sqft
    2022-03-01 0 days 1,663 sqft
    2022-04-01 0 days 1,800 sqft
    2022-05-01 0 days 1,677 sqft
    2022-06-01 0 days 1,746 sqft
    2022-07-01 0 days 1,893 sqft
    2022-08-01 0 days 1,795 sqft
    2022-09-01 0 days 1,777 sqft
    2022-10-01 0 days 1,680 sqft
    2022-11-01 0 days 1,609 sqft
    2022-12-01 0 days 1,735 sqft
    2023-01-01 0 days 1,755 sqft
    2023-02-01 0 days 1,643 sqft
    2023-03-01 0 days 1,639 sqft
    2023-04-01 0 days 1,653 sqft
    2023-05-01 0 days 1,788 sqft
    2023-06-01 0 days 1,944 sqft
    2023-07-01 0 days 1,874 sqft
    2023-08-01 0 days 1,708 sqft
    2023-09-01 0 days 1,792 sqft
    2023-10-01 0 days 1,857 sqft
    2023-11-01 0 days 1,755 sqft
    2023-12-01 0 days 1,776 sqft
    2024-01-01 0 days 1,830 sqft
    2024-02-01 0 days 1,704 sqft
    2024-03-01 0 days 1,738 sqft
    2024-04-01 0 days 1,645 sqft
    2024-05-01 0 days 1,764 sqft
    2024-06-01 0 days 1,791 sqft
    2024-07-01 0 days 1,683 sqft
    2024-08-01 0 days 1,698 sqft
    2024-09-01 0 days 1,815 sqft
    2024-10-01 0 days 1,823 sqft
    2024-11-01 0 days 1,867 sqft
    2024-12-01 0 days 1,831 sqft
    2025-01-01 0 days 1,772 sqft
    2025-02-01 0 days 1,793 sqft
    2025-03-01 0 days 1,800 sqft
    Mayfield's median listing age (time on market) for 2025-03-01 was 0 days.

    Mayfield's median square footage for active listings during the 2025-03-01 period was 1,800 sqft. One year prior, the average listing was 1,738 sqft.

    Mayfield, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 321 $53,655,000 $167,150
    Refi 80 $12,180,000 $152,250
    Cash Out Refi 54 $7,740,000 $143,333
    Home Improvement 41 $2,845,000 $69,390
    Other 35 $2,785,000 $79,571

    Mayfield's most frequently cited loan purpose was Home Purchase, with 321 originations. The 2nd most popular reason was Refi, with 80 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 191 $32,975,000 $172,644
    7-8% 92 $13,630,000 $148,152
    Over 8% 70 $5,910,000 $84,429
    5-6% 45 $7,845,000 $174,333
    3-4% 15 $105,000 $7,000
    4-5% 2 $530,000 $265,000
    <2.5% 1 $5,000 $5,000

    During 2024, Mayfield's most frequently originated rate bucket was 6-7%, with 191 originations.

    Loan Sizing (Mayfield, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 233 $34,075,000 $146,245
    $100,000 or less 176 $9,510,000 $54,034
    $200k-400k 110 $29,020,000 $263,818
    $400k-600k 8 $3,710,000 $463,750
    $600k-1000k 3 $1,865,000 $621,667
    $Over $1MM 1 $1,025,000 $1,025,000

    Mayfield's loan sizing saw the bucket of loans from $100k-200k with 233 originations, totaling $34,075,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 213 $38,845,000 $182,371
    60-80% 71 $10,355,000 $145,845
    20-40% 45 $3,505,000 $77,889
    Under 20% 36 $820,000 $22,778
    40-60% 35 $4,185,000 $119,571
    Over 100% 7 $1,585,000 $226,429

    Mayfield's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 213 originations, totaling $38,845,000 in origination value.