McAlester 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 Mcalester averaged 7.11% 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 6.94% and one month ago for the week of 2023-02-09, the average rate was 6.33%.

    Mcalester's average rate one year ago was 3.85%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.81%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Mcalester 30 Year Fixed Rate 2023-03-16 7.11%
    Mcalester 30 Year Fixed Rate Refi 2023-03-16 6.81%
    Mcalester 15 Year Fixed Rate 2023-03-16 6.69%
    Mcalester 15 Year Fixed Rate Refi 2023-03-16 6.91%
    Mcalester 30 Year FHA 2023-03-16 6.54%
    Mcalester 30 Year FHA Refi 2023-03-16 6.28%
    Mcalester 30 Year USDA 2023-03-16 6.12%
    Mcalester 30 Year VA 2023-03-16 6.23%
    Mcalester 30 Year VA Refi 2023-03-16 5.94%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within McAlester, OK.

    McAlester 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 McAlester, OK 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
    Arvest Bank 33 4.72% $4,233
    Mortgage Investment Services Corporation 17 4.98% $3,595
    Stride Bank 16 4.90% $4,899
    QUICKEN LOANS, LLC 15 5.06% $7,783
    First United Bank and Trust Company 9 5.54% $5,141
    OPEN MORTGAGE, LLC 9 4.94% $5,947
    CORNERSTONE HOME LENDING, INC. 8 5.22% $8,656
    BancFirst 6 5.13% $4,211
    BOKF 5 4.98% $4,303
    FirstTrust Home Loans, Inc. 5 4.73% $5,335
    UNITED WHOLESALE MORTGAGE, LLC 5 5.77% $7,394
    Wells Fargo Bank 5 4.30% $4,185
    Gateway First Bank 4 4.50% $4,136
    ALLEGIANCE 3 3.96% $4,149
    MidFirst Bank 3 4.45% $6,248
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.62% $5,915
    FLAT BRANCH MORTGAGE, INC. 3 4.96% $5,112
    Mortgage Research Center, LLC 2 6.25% $4,527
    AmeriHome Mortgage Company, LLC 2 5.06% $5,617
    AMERISAVE MORTGAGE CORPORATION 2 4.19% $5,032
    ASPIRE FINANCIAL, INC. 2 4.62% $11,866
    Citizens Bank 2 6.19% $2,966
    CROSSCOUNTRY MORTGAGE, LLC 2 5.56% $4,622
    GUILD MORTGAGE COMPANY 2 5.63% $8,479
    JPMorgan Chase Bank 2 6.56% $5,575
    LOANDEPOT.COM, LLC 2 4.19% $6,382
    Mr. Cooper ( Nationstar Mortgage ) 2 5.81% $7,937
    SFMC, LP 2 4.88% $5,427
    U.S. Bank 2 5.06% $2,458
    WEOKIE 2 4.75% $4,507
    Great Plains National Bank 1 5.88% $20,623
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.88% $7,956
    HOME POINT FINANCIAL CORPORATION 1 4.25% $3,129
    Hometown Lenders, Inc. 1 5.13% $14,324
    INLANTA MORTGAGE, INC. 1 5.50% $2,576
    InterBank 1 6.25% $2,979
    ZILLOW HOME LOANS, LLC 1 6.88% $7,482
    LAKEVIEW LOAN SERVICING, LLC 1 3.88% $3,741
    VALOR BANK 1 3.63% $4,493
    Carrington Mortgage Services, LLC 1 5.75% $4,780
    MORTGAGE CLEARING CORPORATION 1 3.13% $3,413
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 5.63% $2,626
    BROKER SOLUTIONS, INC. 1 4.38% $5,213
    Waterstone Mortgage Corporation 1 5.50% $5,898
    Nations Lending Corporation 1 3.75% $8,938
    NAVY FEDERAL CREDIT UNION 1 4.88% $2,837
    BAY EQUITY LLC 1 4.38% $9,493
    Operating Engineers Local Union #3 1 4.75% $3,902
    PENNYMAC LOAN SERVICES, LLC 1 5.12% $4,957
    PHH Mortgage Corporation 1 3.50% $7,898
    PLAZA HOME MORTGAGE, INC. 1 7.13% $11,771
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.88% $11,984
    Bank of America 1 5.88% $20,889
    ROYAL UNITED MORTGAGE LLC 1 6.38% $10,236
    American Bank of Oklahoma 1 6.88% $4,379
    SpiritBank 1 5.99% $4,210
    ASSOCIATED MORTGAGE CORPORATION 1 6.13% $14,381
    TELCOE FEDERAL CREDIT UNION 1 4.25% $6,661
    The Central Trust Bank 1 6.13% $7,504
    Tinker Federal Credit Union 1 4.88% $5,456
    UNION SQUARE 1 7.13% $5,398
    FBC MORTGAGE, LLC 1 2.75% $6,953
    First National Bank of Omaha 1 3.25% $2,982
    EVERETT FINANCIAL, INC. 1 5.63% $5,172
    DELMAR FINANCIAL COMPANY 1 5.25% $4,688
    COMMUNICATION 1 6.38% $0
    F & M Bank 1 4.50% $5,879
    CMG MORTGAGE, INC. 1 6.88% $7,140

    McAlester Average Closing Costs & Other Stats

    McAlester, OK's 68 lenders originated 756 loans during 2022. The total origination value was $138,180,000, with an average loan value of $182,778.

    McAlester's average closing costs are $4,702.

    The top McAlester lender as defined by loan originations is Arvest Bank, with 33 loans originated. Their average total fees are $4,233, which is $638 higher than the next largest lender, Mortgage Investment Services Corporation.

    The lowest fee McAlester lenders (with over 10 loans originated) are Mortgage Investment Services Corporation ($3,595), Arvest Bank ($4,233), Stride Bank ($4,899), QUICKEN LOANS, LLC ($7,783) and .

    The lowest rate McAlester lenders (with over 10 loans originated) are Arvest Bank (4.72%), Stride Bank (4.90%), Mortgage Investment Services Corporation (4.98%), QUICKEN LOANS, LLC (5.06%) and .

    McAlester, OK 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
    Arvest Bank $14,075,000 $15,200,000 8.0% 11.0%
    BancFirst $11,195,000 $13,280,000 18.6% 9.6%
    QUICKEN LOANS, LLC $15,480,000 $7,825,000 -49.5% 5.7%
    Stride Bank $1,660,000 $7,055,000 325.0% 5.1%
    Mortgage Research Center, LLC $4,870,000 $6,850,000 40.7% 5.0%
    MidFirst Bank $5,545,000 $5,435,000 -2.0% 3.9%
    First United Bank and Trust Company $7,745,000 $5,420,000 -30.0% 3.9%
    OPEN MORTGAGE, LLC $5,505,000 $4,810,000 -12.6% 3.5%
    Mortgage Investment Services Corporation $8,675,000 $4,050,000 -53.3% 2.9%
    CORNERSTONE HOME LENDING, INC. $6,280,000 $3,365,000 -46.4% 2.4%
    FirstTrust Home Loans, Inc. $5,735,000 $2,945,000 -48.6% 2.1%
    UNITED WHOLESALE MORTGAGE, LLC $740,000 $2,635,000 256.1% 1.9%
    BOKF $6,205,000 $2,390,000 -61.5% 1.7%
    Gateway First Bank $3,510,000 $2,295,000 -34.6% 1.7%
    Great Plains National Bank $405,000 $2,295,000 466.7% 1.7%
    FLAT BRANCH MORTGAGE, INC. $1,000,000 $2,290,000 129.0% 1.7%
    FINANCIAL CONCEPTS MORTGAGE, LLC $1,485,000 n/a 1.1%
    NEW DAY FINANCIAL, LLC $1,650,000 $1,435,000 -13.0% 1.0%
    GUILD MORTGAGE COMPANY $2,310,000 $1,375,000 -40.5% 1.0%
    Regent Bank $910,000 $1,290,000 41.8% 0.9%
    ALLEGIANCE $155,000 $1,220,000 687.1% 0.9%
    Wells Fargo Bank $2,350,000 $1,170,000 -50.2% 0.8%
    NAVY FEDERAL CREDIT UNION $2,260,000 $1,160,000 -48.7% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,925,000 $1,115,000 -42.1% 0.8%
    American Bank of Oklahoma $1,400,000 $1,070,000 -23.6% 0.8%
    Chickasaw Community Bank $2,425,000 $1,050,000 -56.7% 0.8%
    21ST MORTGAGE CORPORATION $1,060,000 $1,030,000 -2.8% 0.7%
    U.S. Bank $1,785,000 $1,005,000 -43.7% 0.7%
    PENNYMAC LOAN SERVICES, LLC $1,895,000 $985,000 -48.0% 0.7%
    EVERETT FINANCIAL, INC. $960,000 n/a 0.7%
    CrossFirst Bank $930,000 n/a 0.7%
    First Oklahoma Bank $915,000 n/a 0.7%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $95,000 $910,000 857.9% 0.7%
    Carrington Mortgage Services, LLC $735,000 $855,000 16.3% 0.6%
    WEOKIE $690,000 $850,000 23.2% 0.6%
    CALIBER HOME LOANS, INC. $1,200,000 $845,000 -29.6% 0.6%
    MID AMERICA MORTGAGE, INC. $2,250,000 $835,000 -62.9% 0.6%
    Hometown Lenders, Inc. $810,000 n/a 0.6%
    USAA Federal Savings Bank $1,185,000 $790,000 -33.3% 0.6%
    ASPIRE FINANCIAL, INC. $760,000 n/a 0.6%
    LOANDEPOT.COM, LLC $1,295,000 $760,000 -41.3% 0.6%
    AmeriHome Mortgage Company, LLC $700,000 n/a 0.5%
    Bank of America $930,000 $700,000 -24.7% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,215,000 $690,000 -43.2% 0.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $645,000 n/a 0.5%
    Tinker Federal Credit Union $130,000 $630,000 384.6% 0.5%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $105,000 $610,000 481.0% 0.4%
    AMERISAVE MORTGAGE CORPORATION $940,000 $595,000 -36.7% 0.4%
    NEWREZ LLC $715,000 $595,000 -16.8% 0.4%
    BROKER SOLUTIONS, INC. $890,000 $575,000 -35.4% 0.4%
    LAKEVIEW LOAN SERVICING, LLC $425,000 $570,000 34.1% 0.4%
    InterBank $555,000 n/a 0.4%
    VALOR BANK $860,000 $525,000 -39.0% 0.4%
    NBKC BANK $485,000 n/a 0.4%
    COMMUNICATION $470,000 n/a 0.3%
    BAY EQUITY LLC $465,000 n/a 0.3%
    Waterstone Mortgage Corporation $655,000 $465,000 -29.0% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $435,000 $455,000 4.6% 0.3%
    SFMC, LP $430,000 n/a 0.3%
    SOUTHWEST STAGE FUNDING, LLC $235,000 $415,000 76.6% 0.3%
    ASSOCIATED MORTGAGE CORPORATION $555,000 $405,000 -27.0% 0.3%
    Commerce Home Mortgage, Inc. $395,000 n/a 0.3%
    TRIAD FINANCIAL SERVICES, INC. $335,000 $390,000 16.4% 0.3%
    DELMAR FINANCIAL COMPANY $385,000 n/a 0.3%
    F & M Bank $375,000 n/a 0.3%
    Citizens Bank $360,000 n/a 0.3%
    PLAZA HOME MORTGAGE, INC. $335,000 $350,000 4.5% 0.3%
    ROYAL UNITED MORTGAGE LLC $745,000 $335,000 -55.0% 0.2%
    PREMIA MORTGAGE, LLC $315,000 n/a 0.2%
    Sooner State Bank $315,000 n/a 0.2%
    TELCOE FEDERAL CREDIT UNION $315,000 n/a 0.2%
    First Western Bank & Trust $305,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $4,145,000 $305,000 -92.6% 0.2%
    GUARANTEED RATE, INC. $145,000 $305,000 110.3% 0.2%
    NTFN, INC. $305,000 n/a 0.2%
    SpiritBank $305,000 n/a 0.2%
    MORTGAGE CLEARING CORPORATION $105,000 $300,000 185.7% 0.2%
    Prosperity Bank $300,000 n/a 0.2%
    United Community Bank $295,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $345,000 $290,000 -15.9% 0.2%
    Texana Bank $505,000 $290,000 -42.6% 0.2%
    HOME POINT FINANCIAL CORPORATION $200,000 $280,000 40.0% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $575,000 $280,000 -51.3% 0.2%
    JPMorgan Chase Bank $1,050,000 $275,000 -73.8% 0.2%
    Nations Lending Corporation $270,000 n/a 0.2%
    First Federal Bank $265,000 n/a 0.2%
    ENCORE BANK $255,000 n/a 0.2%
    CMG MORTGAGE, INC. $480,000 $225,000 -53.1% 0.2%
    CREDIT HUMAN FEDERAL CREDIT UNION $220,000 n/a 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $210,000 n/a 0.2%
    GENEVA FINANCIAL, LLC $220,000 $210,000 -4.5% 0.2%
    International Bank of Commerce $35,000 $205,000 485.7% 0.1%
    The Central Trust Bank $195,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $55,000 $190,000 245.5% 0.1%
    First Guaranty Mortgage Corporation $415,000 $185,000 -55.4% 0.1%
    US MORTGAGE CORPORATION $185,000 n/a 0.1%
    Armstrong Bank $375,000 $175,000 -53.3% 0.1%
    The Union State Bank $175,000 n/a 0.1%
    UNION SQUARE $175,000 n/a 0.1%
    LOANPAL, LLC $300,000 $165,000 -45.0% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $735,000 $160,000 -78.2% 0.1%
    CHURCHILL MORTGAGE CORPORATION $155,000 n/a 0.1%
    PHH Mortgage Corporation $145,000 n/a 0.1%
    CSL Financial, LLC $85,000 $140,000 64.7% 0.1%
    INLANTA MORTGAGE, INC. $135,000 n/a 0.1%
    Northwest Federal Credit Union $125,000 n/a 0.1%
    United Fidelity Funding Corp. $490,000 $125,000 -74.5% 0.1%
    VILLAGE CAPITAL MORTGAGE $540,000 $125,000 -76.9% 0.1%
    FirstBank $115,000 n/a 0.1%
    GREAT WESTERN FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
    Servion, Inc. $505,000 $110,000 -78.2% 0.1%
    AMCAP MORTGAGE, LTD. $720,000 $105,000 -85.4% 0.1%
    FBC MORTGAGE, LLC $560,000 $105,000 -81.3% 0.1%
    First National Bank of Omaha $105,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $355,000 $105,000 -70.4% 0.1%
    The First National Bank of Fort Smith $95,000 n/a 0.1%
    Firstar Bank $1,295,000 $85,000 -93.4% 0.1%
    Legacy Bank $125,000 $85,000 -32.0% 0.1%
    Operating Engineers Local Union #3 $85,000 n/a 0.1%
    SPRING EQ, LLC $80,000 n/a 0.1%
    First Bank & Trust Co. $65,000 $75,000 15.4% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $330,000 $75,000 -77.3% 0.1%
    Service Federal Credit Union $75,000 n/a 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $65,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $385,000 $55,000 -85.7% 0.0%
    ANECA Federal Credit Union $55,000 n/a 0.0%
    The First National Bank and Trust Company of Okmulgee $610,000 $35,000 -94.3% 0.0%
    Figure Lending LLC $25,000 n/a 0.0%
    UMB Bank $420,000 $15,000 -96.4% 0.0%

    McAlester's top lender by overall market share is Arvest Bank, with 11.0% market share. In second place, with 9.6%, is BancFirst, having originated $13,280,000 in loans. In third place, with 5.7%, is QUICKEN LOANS, LLC, having originated $7,825,000 in loans. In fourth place, with 5.1%, is Stride Bank, having originated $7,055,000 in loans. In fifth place, with 5.0%, is Mortgage Research Center, LLC, having originated $6,850,000 in loans.

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

    Realtor.com - McAlester (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 $134,750 (6.3%) $190,251 (3.4%) 0.00 280
    2018-02-01 $137,200 (6.0%) $195,910 (3.3%) 0.00 256
    2018-03-01 $145,000 (7.4%) $202,370 (4.4%) 0.00 246
    2018-04-01 $149,900 (7.3%) $197,795 (0.4%) 0.00 274
    2018-05-01 $149,900 (3.6%) $201,430 (7.8%) 0.00 269
    2018-06-01 $149,900 (5.3%) $197,752 (8.0%) 0.00 272
    2018-07-01 $149,900 (11.0%) $205,278 (15.5%) 0.00 296
    2018-08-01 $151,400 (8.1%) $208,999 (16.6%) 0.00 317
    2018-09-01 $148,000 (5.8%) $208,329 (15.9%) 0.00 302
    2018-10-01 $153,175 (8.7%) $223,287 (22.4%) 0.00 295
    2018-11-01 $158,450 (13.3%) $224,030 (19.9%) 0.00 273
    2018-12-01 $160,200 (18.7%) $228,612 (23.4%) 0.00 266
    2019-01-01 $159,675 (18.5%) $226,632 (19.1%) 0.00 265
    2019-02-01 $159,225 (16.1%) $231,098 (18.0%) 0.00 265
    2019-03-01 $157,193 (8.4%) $227,037 (12.2%) 0.00 274
    2019-04-01 $144,675 (-3.5%) $218,895 (10.7%) 0.00 289
    2019-05-01 $147,700 (-1.5%) $218,045 (8.3%) 0.00 289
    2019-06-01 $152,450 (1.7%) $218,694 (10.6%) 0.00 287
    2019-07-01 $152,450 (1.7%) $214,212 (4.4%) 0.00 261
    2019-08-01 $152,382 (0.7%) $210,647 (0.8%) 0.00 260
    2019-09-01 $156,105 (5.5%) $211,654 (1.6%) 0.00 263
    2019-10-01 $160,500 (4.8%) $213,894 (-4.2%) 0.00 264
    2019-11-01 $165,000 (4.1%) $225,061 (0.5%) 0.00 260
    2019-12-01 $173,450 (8.3%) $230,637 (0.9%) 0.00 253
    2020-01-01 $175,000 (9.6%) $229,546 (1.3%) 0.00 240
    2020-02-01 $188,250 (18.2%) $239,439 (3.6%) 0.00 230
    2020-03-01 $195,315 (24.3%) $244,785 (7.8%) 0.00 208
    2020-04-01 $199,900 (38.2%) $253,220 (15.7%) 0.00 212
    2020-05-01 $186,500 (26.3%) $250,693 (15.0%) 0.00 199
    2020-06-01 $182,600 (19.8%) $241,690 (10.5%) 0.00 182
    2020-07-01 $168,925 (10.8%) $235,525 (10.0%) 0.00 170
    2020-08-01 $158,900 (4.3%) $227,433 (8.0%) 0.00 164
    2020-09-01 $152,473 (-2.3%) $216,359 (2.2%) 0.00 150
    2020-10-01 $152,450 (-5.0%) $218,194 (2.0%) 0.00 146
    2020-11-01 $150,450 (-8.8%) $218,573 (-2.9%) 0.00 146
    2020-12-01 $149,900 (-13.6%) $211,065 (-8.5%) 0.00 131
    2021-01-01 $149,000 (-14.9%) $198,272 (-13.6%) 0.00 117
    2021-02-01 $157,325 (-16.4%) $203,474 (-15.0%) 0.00 105
    2021-03-01 $171,000 (-12.5%) $206,834 (-15.5%) 0.00 96
    2021-04-01 $174,700 (-12.6%) $208,286 (-17.7%) 0.00 92
    2021-05-01 $150,000 (-19.6%) $189,340 (-24.5%) 0.00 85
    2021-06-01 $158,125 (-13.4%) $190,749 (-21.1%) 0.00 98
    2021-07-01 $164,450 (-2.7%) $206,350 (-12.4%) 0.00 113
    2021-08-01 $165,813 (4.4%) $211,869 (-6.8%) 0.00 121
    2021-09-01 $176,700 (15.9%) $221,192 (2.2%) 0.00 123
    2021-10-01 $179,000 (17.4%) $238,254 (9.2%) 0.00 123
    2021-11-01 $169,900 (12.9%) $225,830 (3.3%) 0.00 102
    2021-12-01 $162,400 (8.3%) $227,353 (7.7%) 0.00 86
    2022-01-01 $159,500 (7.1%) $228,696 (15.3%) 0.00 90
    2022-02-01 $164,900 (4.8%) $247,167 (21.5%) 0.00 94
    2022-03-01 $187,000 (9.4%) $275,198 (33.1%) 0.00 84
    2022-04-01 $199,000 (13.9%) $304,619 (46.3%) 0.00 91
    2022-05-01 $205,975 (37.3%) $372,278 (96.6%) 0.00 111
    2022-06-01 $203,700 (28.8%) $347,124 (82.0%) 0.00 136
    2022-07-01 $219,000 (33.2%) $350,666 (69.9%) 0.00 148
    2022-08-01 $229,700 (38.5%) $362,810 (71.2%) 0.00 155
    2022-09-01 $236,150 (33.6%) $374,661 (69.4%) 0.00 147
    2022-10-01 $230,150 (28.6%) $351,568 (47.6%) 0.00 152
    2022-11-01 $219,350 (29.1%) $344,275 (52.5%) 0.00 155
    2022-12-01 $227,244 (39.9%) $341,195 (50.1%) 0.00 143
    2023-01-01 $222,450 (39.5%) $347,329 (51.9%) 0.00 135
    2023-02-01 $213,450 (29.4%) $326,452 (32.1%) 0.00 143
    McAlester's median listing price for 2023-02-01 was $213,450, a difference of $48,550 (29.4%) versus the prior year and $-9,000 versus the prior month.

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

    McAlester's average listing price for 2023-02-01 was $326,452, a difference of $79,285 (32.1%) versus the prior year and $-20,877 versus the prior month.

    For the 2023-02-01 period, McAlester had 143 MLS listings, a difference of 8 listings (6%) versus the prior month and 49 listings (52%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - McAlester (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,715 sqft
    2018-02-01 0 days 1,707 sqft
    2018-03-01 0 days 1,731 sqft
    2018-04-01 0 days 1,725 sqft
    2018-05-01 0 days 1,715 sqft
    2018-06-01 0 days 1,713 sqft
    2018-07-01 0 days 1,704 sqft
    2018-08-01 0 days 1,670 sqft
    2018-09-01 0 days 1,649 sqft
    2018-10-01 0 days 1,709 sqft
    2018-11-01 0 days 1,717 sqft
    2018-12-01 0 days 1,750 sqft
    2019-01-01 0 days 1,754 sqft
    2019-02-01 0 days 1,783 sqft
    2019-03-01 0 days 1,743 sqft
    2019-04-01 0 days 1,675 sqft
    2019-05-01 0 days 1,688 sqft
    2019-06-01 0 days 1,674 sqft
    2019-07-01 0 days 1,681 sqft
    2019-08-01 0 days 1,672 sqft
    2019-09-01 0 days 1,672 sqft
    2019-10-01 0 days 1,672 sqft
    2019-11-01 0 days 1,676 sqft
    2019-12-01 0 days 1,673 sqft
    2020-01-01 0 days 1,675 sqft
    2020-02-01 0 days 1,775 sqft
    2020-03-01 0 days 1,799 sqft
    2020-04-01 0 days 1,806 sqft
    2020-05-01 0 days 1,800 sqft
    2020-06-01 0 days 1,746 sqft
    2020-07-01 0 days 1,703 sqft
    2020-08-01 0 days 1,763 sqft
    2020-09-01 0 days 1,735 sqft
    2020-10-01 0 days 1,746 sqft
    2020-11-01 0 days 1,788 sqft
    2020-12-01 0 days 1,802 sqft
    2021-01-01 0 days 1,776 sqft
    2021-02-01 0 days 1,830 sqft
    2021-03-01 0 days 1,799 sqft
    2021-04-01 0 days 1,787 sqft
    2021-05-01 0 days 1,747 sqft
    2021-06-01 0 days 1,682 sqft
    2021-07-01 0 days 1,638 sqft
    2021-08-01 0 days 1,633 sqft
    2021-09-01 0 days 1,628 sqft
    2021-10-01 0 days 1,593 sqft
    2021-11-01 0 days 1,548 sqft
    2021-12-01 0 days 1,571 sqft
    2022-01-01 0 days 1,580 sqft
    2022-02-01 0 days 1,601 sqft
    2022-03-01 0 days 1,637 sqft
    2022-04-01 0 days 1,644 sqft
    2022-05-01 0 days 1,613 sqft
    2022-06-01 0 days 1,616 sqft
    2022-07-01 0 days 1,644 sqft
    2022-08-01 0 days 1,717 sqft
    2022-09-01 0 days 1,792 sqft
    2022-10-01 0 days 1,820 sqft
    2022-11-01 0 days 1,842 sqft
    2022-12-01 0 days 1,818 sqft
    2023-01-01 0 days 1,855 sqft
    2023-02-01 0 days 1,746 sqft
    McAlester's median listing age (time on market) for 2023-02-01 was 0 days.

    McAlester's median square footage for active listings during the 2023-02-01 period was 1,746 sqft. One year prior, the average listing was 1,601 sqft.

    McAlester, OK Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 472 $99,170,000 $210,106
    Refi 111 $16,805,000 $151,396
    Cash Out Refi 101 $17,395,000 $172,228
    Home Improvement 43 $2,565,000 $59,651
    Other 29 $2,245,000 $77,414

    Mcalester's most frequently cited loan purpose was Home Purchase, with 472 originations. The 2nd most popular reason was Refi, with 111 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 212 $36,890,000 $174,009
    4-5% 184 $38,580,000 $209,674
    3-4% 133 $25,245,000 $189,812
    6-7% 96 $14,420,000 $150,208
    7-8% 46 $7,050,000 $153,261
    2.5-3% 35 $6,135,000 $175,286
    Over 8% 30 $4,490,000 $149,667
    <2.5% 7 $1,455,000 $207,857

    During 2022, Mcalester's most frequently originated rate bucket was 5-6%, with 212 originations.

    Loan Sizing (McAlester, OK MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 302 $43,210,000 $143,079
    $100,000 or less 233 $14,465,000 $62,082
    $200k-400k 162 $44,200,000 $272,840
    $400k-600k 37 $17,485,000 $472,568
    $600k-1000k 19 $13,435,000 $707,105
    $Over $1MM 3 $5,385,000 $1,795,000

    McAlester's loan sizing saw the bucket of loans from $100k-200k with 302 originations, totaling $43,210,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 362 $73,880,000 $204,088
    60-80% 196 $35,680,000 $182,041
    40-60% 88 $15,610,000 $177,386
    20-40% 44 $3,400,000 $77,273
    Under 20% 33 $1,395,000 $42,273
    Over 100% 14 $3,480,000 $248,571

    McAlester's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 362 originations, totaling $73,880,000 in origination value.