Meadville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Meadville averaged
7.13%
for the week of 2023-11-22, compared to the national average of
7.29% for the same period.
The average rate for the prior week (2023-11-16) was
7.28% and
one month ago for the week of 2023-10-19, the
average rate was 7.27%.
Meadville's average rate one year ago was 6.55%.
For refis of the same type during the week of 2023-11-22, the average rate
was 7.19%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-22 | 7.29% |
Meadville 30 Year Fixed Rate | 2023-11-22 | 7.13% |
Meadville 30 Year Fixed Rate Refi | 2023-11-22 | 7.19% |
Meadville 15 Year Fixed Rate | 2023-11-22 | 6.57% |
Meadville 15 Year Fixed Rate Refi | 2023-11-22 | 5.79% |
Meadville 30 Year FHA | 2023-11-22 | -0.24% |
Meadville 30 Year FHA Refi | 2023-11-22 | -0.1% |
Meadville 30 Year USDA | 2023-11-22 | 0% |
Meadville 30 Year USDA Refi | 2023-11-22 | -0.1% |
Meadville 30 Year VA | 2023-11-22 | -0.47% |
Meadville 30 Year VA Refi | 2023-11-22 | -0.2% |
Meadville 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 Meadville, PA 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.).
Meadville Average Closing Costs & Other Stats
Meadville, PA's 80 lenders originated 1,747
loans during 2022. The total origination value was $217,305,000, with an average loan value of
$124,388.
Meadville's average closing costs are $4,623.
The top Meadville lender as defined by loan originations is Marquette Savings Bank, with
62 loans originated. Their average total fees are
$3,020, which is $3,261
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Meadville lenders (with over 10 loans originated) are
Marquette Savings Bank ($3,020), Wells Fargo Bank ($3,810), First National Bank of Pennsylvania ($4,129), CNB Bank ($4,266) and MOVEMENT MORTGAGE, LLC ($4,533).
The lowest rate Meadville lenders (with over 10 loans originated) are
CNB Bank (4.59%), Wells Fargo Bank (4.61%), First National Bank of Pennsylvania (4.88%), PNC Bank (4.99%) and Marquette Savings Bank (5.04%).
Meadville, PA 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 |
---|---|---|---|---|
Marquette Savings Bank | $29,050,000 | $25,065,000 | -13.7% | 11.5% |
CNB Bank | $22,170,000 | $22,105,000 | -0.3% | 10.2% |
Northwest Bank | $24,135,000 | $16,900,000 | -30.0% | 7.8% |
QUICKEN LOANS, LLC | $25,550,000 | $16,045,000 | -37.2% | 7.4% |
PNC Bank | $15,345,000 | $14,470,000 | -5.7% | 6.7% |
First National Bank of Pennsylvania | $13,635,000 | $12,480,000 | -8.5% | 5.7% |
Greenville Savings Bank | $8,795,000 | $7,860,000 | -10.6% | 3.6% |
Mercer County State Bank | $8,685,000 | $6,115,000 | -29.6% | 2.8% |
Mortgage Research Center, LLC | $6,410,000 | $5,870,000 | -8.4% | 2.7% |
Brentwood Bank | $135,000 | $5,505,000 | 3,977.8% | 2.5% |
Citizens Bank | $9,365,000 | $5,455,000 | -41.8% | 2.5% |
UNION HOME MORTGAGE CORP. | $4,540,000 | $4,950,000 | 9.0% | 2.3% |
UNITED WHOLESALE MORTGAGE, LLC | $3,895,000 | $4,425,000 | 13.6% | 2.0% |
The Andover Bank | $3,145,000 | $3,925,000 | 24.8% | 1.8% |
The ONE | $7,090,000 | $3,885,000 | -45.2% | 1.8% |
PENNSYLVANIA STATE EMPLOYEES Credit Union | $2,755,000 | $3,510,000 | 27.4% | 1.6% |
MOVEMENT MORTGAGE, LLC | $2,375,000 | $3,115,000 | 31.2% | 1.4% |
AFFORDABLE MORTGAGE ADVISORS, LLC. | $1,510,000 | $2,325,000 | 54.0% | 1.1% |
Flagstar Bank, FSB | $2,680,000 | $2,045,000 | -23.7% | 0.9% |
ERIE FEDERAL CREDIT UNION | $1,560,000 | $1,890,000 | 21.2% | 0.9% |
PENNYMAC LOAN SERVICES, LLC | $1,815,000 | $1,775,000 | -2.2% | 0.8% |
Wells Fargo Bank | $2,625,000 | $1,775,000 | -32.4% | 0.8% |
First Commonwealth Bank | $570,000 | $1,600,000 | 180.7% | 0.7% |
GUARANTEED RATE, INC. | $1,530,000 | $1,540,000 | 0.7% | 0.7% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,390,000 | $1,425,000 | 2.5% | 0.7% |
EQUITY RESOURCES, INC. | $1,550,000 | $1,415,000 | -8.7% | 0.7% |
GUARANTY HOME MORTGAGE CORPORATION | $1,395,000 | n/a | 0.6% | |
The Huntington National Bank | $3,190,000 | $1,215,000 | -61.9% | 0.6% |
USAA Federal Savings Bank | $1,390,000 | $1,185,000 | -14.7% | 0.5% |
NAVY FEDERAL CREDIT UNION | $555,000 | $1,130,000 | 103.6% | 0.5% |
The Farmers National Bank of Emlenton | $885,000 | $1,080,000 | 22.0% | 0.5% |
PLAZA HOME MORTGAGE, INC. | $3,070,000 | $1,020,000 | -66.8% | 0.5% |
HOWARD HANNA FINANCIAL SERVICES, INC. | $575,000 | $1,000,000 | 73.9% | 0.5% |
Bank of America | $1,500,000 | $940,000 | -37.3% | 0.4% |
Five Star Bank | $925,000 | n/a | 0.4% | |
Truist | $220,000 | $890,000 | 304.5% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,835,000 | $820,000 | -55.3% | 0.4% |
CORRY FEDERAL CREDIT UNION | $2,205,000 | $815,000 | -63.0% | 0.4% |
KeyBank | $815,000 | $795,000 | -2.5% | 0.4% |
BETTER MORTGAGE CORPORATION | $315,000 | $765,000 | 142.9% | 0.4% |
LOANDEPOT.COM, LLC | $1,655,000 | $725,000 | -56.2% | 0.3% |
OCMBC, INC. | $665,000 | n/a | 0.3% | |
MCLEAN MORTGAGE CORPORATION | $645,000 | n/a | 0.3% | |
MidAtlantic Farm Credit, ACA | $645,000 | n/a | 0.3% | |
WEST PENN FINANCIAL SERVICE CENTER, INC. | $1,035,000 | $530,000 | -48.8% | 0.2% |
SOUTHPOINT FINANCIAL SERVICES, INC. | $215,000 | $505,000 | 134.9% | 0.2% |
ROYAL UNITED MORTGAGE LLC | $1,000,000 | $490,000 | -51.0% | 0.2% |
AMERISAVE MORTGAGE CORPORATION | $1,605,000 | $485,000 | -69.8% | 0.2% |
LAKEVIEW LOAN SERVICING, LLC | $440,000 | $485,000 | 10.2% | 0.2% |
AMERICAN FINANCING CORPORATION | $485,000 | $480,000 | -1.0% | 0.2% |
FREEDOM MORTGAGE CORPORATION | $2,770,000 | $465,000 | -83.2% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $125,000 | $445,000 | 256.0% | 0.2% |
S&T Bank | $465,000 | $430,000 | -7.5% | 0.2% |
CFSBANK | $255,000 | $425,000 | 66.7% | 0.2% |
BROKER SOLUTIONS, INC. | $1,355,000 | $420,000 | -69.0% | 0.2% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $860,000 | $420,000 | -51.2% | 0.2% |
WELCOME HOME FINANCE, L.P. | $410,000 | n/a | 0.2% | |
Waterstone Mortgage Corporation | $725,000 | $395,000 | -45.5% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $855,000 | $385,000 | -55.0% | 0.2% |
Equity Prime Mortgage LLC | $1,350,000 | $385,000 | -71.5% | 0.2% |
LIBERTY HOME MORTGAGE CORPORATION | $335,000 | $385,000 | 14.9% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $1,045,000 | $360,000 | -65.6% | 0.2% |
JPMorgan Chase Bank | $500,000 | $360,000 | -28.0% | 0.2% |
North American Savings Bank, F.S.B. | $135,000 | $350,000 | 159.3% | 0.2% |
Carrington Mortgage Services, LLC | $445,000 | $340,000 | -23.6% | 0.2% |
Princeton Mortgage Corporation | $340,000 | n/a | 0.2% | |
AMERICAN FINANCIAL RESOURCES, INC. | $300,000 | $335,000 | 11.7% | 0.2% |
Bank of England | $145,000 | $330,000 | 127.6% | 0.2% |
First Home Bank | $325,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $265,000 | $320,000 | 20.8% | 0.1% |
DEVELOPER'S MORTGAGE COMPANY | $705,000 | $315,000 | -55.3% | 0.1% |
Merchants Bank of Indiana | $315,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $500,000 | $295,000 | -41.0% | 0.1% |
JLB CORPORATION | $475,000 | $295,000 | -37.9% | 0.1% |
M&T Bank | $155,000 | $295,000 | 90.3% | 0.1% |
ATLANTA POSTAL | $285,000 | n/a | 0.1% | |
Clearview Federal Credit Union | $285,000 | n/a | 0.1% | |
NEWREZ LLC | $1,315,000 | $285,000 | -78.3% | 0.1% |
UTILITIES EMPLOYEES CREDIT UNION | $285,000 | n/a | 0.1% | |
GUARANTEED RATE AFFINITY, LLC | $460,000 | $280,000 | -39.1% | 0.1% |
NEXTIER BANK, NATIONAL ASSOCIATION | $265,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $545,000 | $260,000 | -52.3% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $260,000 | n/a | 0.1% | |
Citadel Servicing Corporation | $255,000 | n/a | 0.1% | |
THE MORTGAGE LINK, INC. | $255,000 | n/a | 0.1% | |
Mars Bank | $135,000 | $245,000 | 81.5% | 0.1% |
First Western Trust Bank | $240,000 | n/a | 0.1% | |
NFM, INC. | $240,000 | n/a | 0.1% | |
First Federal Bank of Kansas City | $305,000 | $225,000 | -26.2% | 0.1% |
Widget Federal Credit Union | $635,000 | $225,000 | -64.6% | 0.1% |
CALIBER HOME LOANS, INC. | $550,000 | $220,000 | -60.0% | 0.1% |
AmeriHome Mortgage Company, LLC | $290,000 | $210,000 | -27.6% | 0.1% |
Dollar Bank, Federal Savings Bank | $405,000 | $205,000 | -49.4% | 0.1% |
First Savings Bank | $1,285,000 | $205,000 | -84.0% | 0.1% |
Amerifirst Financial, Inc. | $195,000 | n/a | 0.1% | |
CMG MORTGAGE, INC. | $195,000 | n/a | 0.1% | |
Figure Lending LLC | $185,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $155,000 | $185,000 | 19.4% | 0.1% |
Wayne Savings Community Bank | $185,000 | n/a | 0.1% | |
POLARIS HOME FUNDING CORP. | $175,000 | n/a | 0.1% | |
STOCKTON MORTGAGE CORPORATION | $175,000 | n/a | 0.1% | |
The Farmers National Bank of Canfield | $605,000 | $175,000 | -71.1% | 0.1% |
21ST MORTGAGE CORPORATION | $600,000 | $170,000 | -71.7% | 0.1% |
GTE Federal Credit Union | $165,000 | n/a | 0.1% | |
ALLEGENT COMMUNITY | $155,000 | n/a | 0.1% | |
Metro City Bank | $155,000 | n/a | 0.1% | |
WesBanco Bank, Inc. | $85,000 | $150,000 | 76.5% | 0.1% |
DELMAR FINANCIAL COMPANY | $145,000 | n/a | 0.1% | |
ARC HOME LLC | $535,000 | $135,000 | -74.8% | 0.1% |
Ixonia Bank | $135,000 | n/a | 0.1% | |
Mercer County Community FCU | $135,000 | n/a | 0.1% | |
Seven Seventeen Credit Union | $135,000 | n/a | 0.1% | |
Discover Bank | $300,000 | $130,000 | -56.7% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $345,000 | $125,000 | -63.8% | 0.1% |
Gateway First Bank | $300,000 | $115,000 | -61.7% | 0.1% |
Low VA Rates, LLC | $115,000 | n/a | 0.1% | |
SOFI LENDING CORP. | $115,000 | n/a | 0.1% | |
TIDEWATER MORTGAGE SERVICES, INC. | $740,000 | $115,000 | -84.5% | 0.1% |
Chicago Mortgage Solutions LLC | $105,000 | n/a | 0.0% | |
CHURCHILL MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
FIRST HERITAGE FINANCIAL, LLC | $345,000 | $105,000 | -69.6% | 0.0% |
Meridian Bank Corporation | $105,000 | n/a | 0.0% | |
GUILD MORTGAGE COMPANY | $95,000 | n/a | 0.0% | |
Sail Mortgage Corp. | $95,000 | n/a | 0.0% | |
InFirst Bank | $85,000 | n/a | 0.0% | |
MEMBER FIRST MORTGAGE, LLC | $240,000 | $85,000 | -64.6% | 0.0% |
Paramount Residential Mortgage Group, Inc. | $335,000 | $85,000 | -74.6% | 0.0% |
Sierra Pacific Mortgage Company, Inc. | $85,000 | n/a | 0.0% | |
AmeriServ Financial Bank | $220,000 | $75,000 | -65.9% | 0.0% |
Marion Center Bank | $75,000 | n/a | 0.0% | |
First Guaranty Mortgage Corporation | $65,000 | n/a | 0.0% | |
HANSCOM | $65,000 | n/a | 0.0% | |
LIMA ONE CAPITAL, LLC | $65,000 | n/a | 0.0% | |
MEMBERS 1ST FEDERAL CREDIT UNION | $85,000 | $65,000 | -23.5% | 0.0% |
SOMERSET TRUST COMPANY | $45,000 | n/a | 0.0% | |
VILLAGE CAPITAL MORTGAGE | $675,000 | $45,000 | -93.3% | 0.0% |
CREDIT HUMAN FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $190,000 | $25,000 | -86.8% | 0.0% |
Grove City Area Federal Credit Union | $125,000 | $25,000 | -80.0% | 0.0% |
CORNING | $315,000 | $15,000 | -95.2% | 0.0% |
Meadville's top lender by overall market share is Marquette Savings Bank, with 11.5% market share. In second place, with 10.2%, is CNB Bank, having originated $22,105,000 in loans. In third place, with 7.8%, is Northwest Bank, having originated $16,900,000 in loans. In fourth place, with 7.4%, is QUICKEN LOANS, LLC, having originated $16,045,000 in loans. In fifth place, with 6.7%, is PNC Bank, having originated $14,470,000 in loans.
Meadville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Meadville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $113,450 (-9.1%) | $158,656 (-1.0%) | 0.00 | 330 |
2018-02-01 | $108,700 (-10.3%) | $155,664 (-7.2%) | 0.00 | 340 |
2018-03-01 | $113,750 (-8.4%) | $159,552 (-5.5%) | 0.00 | 352 |
2018-04-01 | $116,540 (-4.5%) | $165,514 (-2.5%) | 0.00 | 348 |
2018-05-01 | $117,813 (-7.2%) | $164,433 (-0.6%) | 0.00 | 369 |
2018-06-01 | $119,900 (-1.3%) | $165,605 (0.6%) | 0.00 | 380 |
2018-07-01 | $124,950 (-1.6%) | $167,923 (-1.6%) | 0.00 | 383 |
2018-08-01 | $126,500 (-0.5%) | $167,673 (-0.8%) | 0.00 | 395 |
2018-09-01 | $125,000 (2.5%) | $163,301 (-4.8%) | 0.00 | 396 |
2018-10-01 | $125,000 (5.3%) | $167,728 (0.1%) | 0.00 | 396 |
2018-11-01 | $125,000 (5.0%) | $171,794 (3.0%) | 0.00 | 377 |
2018-12-01 | $125,000 (6.6%) | $169,342 (3.7%) | 0.00 | 368 |
2019-01-01 | $127,450 (12.3%) | $168,227 (6.0%) | 0.00 | 353 |
2019-02-01 | $122,825 (13.0%) | $167,065 (7.3%) | 0.00 | 338 |
2019-03-01 | $122,857 (8.0%) | $163,122 (2.2%) | 0.00 | 325 |
2019-04-01 | $125,000 (7.3%) | $163,509 (-1.2%) | 0.00 | 315 |
2019-05-01 | $128,994 (9.5%) | $169,849 (3.3%) | 0.00 | 325 |
2019-06-01 | $129,500 (8.0%) | $172,874 (4.4%) | 0.00 | 319 |
2019-07-01 | $138,575 (10.9%) | $175,200 (4.3%) | 0.00 | 333 |
2019-08-01 | $137,064 (8.4%) | $171,722 (2.4%) | 0.00 | 335 |
2019-09-01 | $132,809 (6.3%) | $167,098 (2.3%) | 0.00 | 331 |
2019-10-01 | $128,125 (2.5%) | $162,947 (-2.9%) | 0.00 | 326 |
2019-11-01 | $124,900 (-0.1%) | $163,082 (-5.1%) | 0.00 | 312 |
2019-12-01 | $126,750 (1.4%) | $163,707 (-3.3%) | 0.00 | 273 |
2020-01-01 | $124,900 (-2.0%) | $162,784 (-3.2%) | 0.00 | 258 |
2020-02-01 | $126,200 (2.8%) | $161,554 (-3.3%) | 0.00 | 248 |
2020-03-01 | $130,375 (6.1%) | $167,041 (2.4%) | 0.00 | 240 |
2020-04-01 | $129,725 (3.8%) | $165,629 (1.3%) | 0.00 | 236 |
2020-05-01 | $139,950 (8.5%) | $173,803 (2.3%) | 0.00 | 226 |
2020-06-01 | $149,450 (15.4%) | $182,178 (5.4%) | 0.00 | 220 |
2020-07-01 | $149,325 (7.8%) | $183,047 (4.5%) | 0.00 | 204 |
2020-08-01 | $139,000 (1.4%) | $185,058 (7.8%) | 0.00 | 186 |
2020-09-01 | $143,700 (8.2%) | $188,918 (13.1%) | 0.00 | 159 |
2020-10-01 | $138,000 (7.7%) | $177,090 (8.7%) | 0.00 | 161 |
2020-11-01 | $136,250 (9.1%) | $182,777 (12.1%) | 0.00 | 149 |
2020-12-01 | $134,925 (6.5%) | $183,481 (12.1%) | 0.00 | 134 |
2021-01-01 | $131,000 (4.9%) | $189,131 (16.2%) | 0.00 | 116 |
2021-02-01 | $129,900 (2.9%) | $198,227 (22.7%) | 0.00 | 95 |
2021-03-01 | $127,400 (-2.3%) | $196,020 (17.4%) | 0.00 | 77 |
2021-04-01 | $132,450 (2.1%) | $218,785 (32.1%) | 0.00 | 70 |
2021-05-01 | $148,500 (6.1%) | $220,070 (26.6%) | 0.00 | 91 |
2021-06-01 | $154,900 (3.7%) | $230,907 (26.8%) | 0.00 | 103 |
2021-07-01 | $159,900 (7.1%) | $222,091 (21.3%) | 0.00 | 111 |
2021-08-01 | $153,500 (10.4%) | $216,785 (17.1%) | 0.00 | 121 |
2021-09-01 | $161,950 (12.7%) | $216,742 (14.7%) | 0.00 | 110 |
2021-10-01 | $141,000 (2.2%) | $197,775 (11.7%) | 0.00 | 113 |
2021-11-01 | $149,900 (10.0%) | $203,926 (11.6%) | 0.00 | 101 |
2021-12-01 | $139,000 (3.0%) | $203,075 (10.7%) | 0.00 | 97 |
2022-01-01 | $138,950 (6.1%) | $207,137 (9.5%) | 0.00 | 91 |
2022-02-01 | $131,250 (1.0%) | $186,773 (-5.8%) | 0.00 | 82 |
2022-03-01 | $127,850 (0.4%) | $191,384 (-2.4%) | 0.00 | 76 |
2022-04-01 | $135,000 (1.9%) | $193,293 (-11.7%) | 0.00 | 81 |
2022-05-01 | $143,554 (-3.3%) | $208,502 (-5.3%) | 0.00 | 86 |
2022-06-01 | $163,425 (5.5%) | $222,440 (-3.7%) | 0.00 | 101 |
2022-07-01 | $149,850 (-6.3%) | $225,576 (1.6%) | 0.00 | 118 |
2022-08-01 | $153,825 (0.2%) | $222,337 (2.6%) | 0.00 | 123 |
2022-09-01 | $179,900 (11.1%) | $231,020 (6.6%) | 0.00 | 118 |
2022-10-01 | $179,450 (27.3%) | $261,131 (32.0%) | 0.00 | 122 |
2022-11-01 | $187,475 (25.1%) | $274,242 (34.5%) | 0.00 | 108 |
2022-12-01 | $175,000 (25.9%) | $267,916 (31.9%) | 0.00 | 102 |
2023-01-01 | $164,700 (18.5%) | $267,685 (29.2%) | 0.00 | 91 |
2023-02-01 | $158,250 (20.6%) | $265,575 (42.2%) | 0.00 | 80 |
2023-03-01 | $172,025 (34.6%) | $308,739 (61.3%) | 0.00 | 72 |
2023-04-01 | $207,450 (53.7%) | $371,265 (92.1%) | 0.00 | 67 |
2023-05-01 | $205,950 (43.5%) | $358,878 (72.1%) | 0.00 | 74 |
2023-06-01 | $229,450 (40.4%) | $351,883 (58.2%) | 0.00 | 83 |
2023-07-01 | $199,900 (33.4%) | $333,071 (47.7%) | 0.00 | 87 |
2023-08-01 | $186,000 (20.9%) | $289,282 (30.1%) | 0.00 | 108 |
2023-09-01 | $172,400 (-4.2%) | $236,178 (2.2%) | 0.00 | 103 |
2023-10-01 | $179,000 (-0.3%) | $258,811 (-0.9%) | 0.00 | 105 |
Meadville's median listing price comes in at 0% of the national average.
Meadville's average listing price for 2023-10-01 was $258,811, a difference of $-2,320 (-0.9%) versus the prior year and $22,633 versus the prior month.
For the 2023-10-01 period, Meadville had 105 MLS listings, a difference of 2 listings (2%) versus the prior month and -17 listings (-14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Meadville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,594 sqft |
2018-02-01 | 0 days | 1,581 sqft |
2018-03-01 | 0 days | 1,589 sqft |
2018-04-01 | 0 days | 1,603 sqft |
2018-05-01 | 0 days | 1,611 sqft |
2018-06-01 | 0 days | 1,630 sqft |
2018-07-01 | 0 days | 1,612 sqft |
2018-08-01 | 0 days | 1,623 sqft |
2018-09-01 | 0 days | 1,649 sqft |
2018-10-01 | 0 days | 1,651 sqft |
2018-11-01 | 0 days | 1,670 sqft |
2018-12-01 | 0 days | 1,650 sqft |
2019-01-01 | 0 days | 1,649 sqft |
2019-02-01 | 0 days | 1,632 sqft |
2019-03-01 | 0 days | 1,570 sqft |
2019-04-01 | 0 days | 1,557 sqft |
2019-05-01 | 0 days | 1,598 sqft |
2019-06-01 | 0 days | 1,600 sqft |
2019-07-01 | 0 days | 1,615 sqft |
2019-08-01 | 0 days | 1,611 sqft |
2019-09-01 | 0 days | 1,597 sqft |
2019-10-01 | 0 days | 1,581 sqft |
2019-11-01 | 0 days | 1,535 sqft |
2019-12-01 | 0 days | 1,551 sqft |
2020-01-01 | 0 days | 1,533 sqft |
2020-02-01 | 0 days | 1,514 sqft |
2020-03-01 | 0 days | 1,595 sqft |
2020-04-01 | 0 days | 1,607 sqft |
2020-05-01 | 0 days | 1,626 sqft |
2020-06-01 | 0 days | 1,700 sqft |
2020-07-01 | 0 days | 1,652 sqft |
2020-08-01 | 0 days | 1,679 sqft |
2020-09-01 | 0 days | 1,709 sqft |
2020-10-01 | 0 days | 1,645 sqft |
2020-11-01 | 0 days | 1,647 sqft |
2020-12-01 | 0 days | 1,656 sqft |
2021-01-01 | 0 days | 1,645 sqft |
2021-02-01 | 0 days | 1,636 sqft |
2021-03-01 | 0 days | 1,651 sqft |
2021-04-01 | 0 days | 1,738 sqft |
2021-05-01 | 0 days | 1,700 sqft |
2021-06-01 | 0 days | 1,680 sqft |
2021-07-01 | 0 days | 1,750 sqft |
2021-08-01 | 0 days | 1,706 sqft |
2021-09-01 | 0 days | 1,682 sqft |
2021-10-01 | 0 days | 1,600 sqft |
2021-11-01 | 0 days | 1,678 sqft |
2021-12-01 | 0 days | 1,668 sqft |
2022-01-01 | 0 days | 1,668 sqft |
2022-02-01 | 0 days | 1,581 sqft |
2022-03-01 | 0 days | 1,537 sqft |
2022-04-01 | 0 days | 1,576 sqft |
2022-05-01 | 0 days | 1,576 sqft |
2022-06-01 | 0 days | 1,645 sqft |
2022-07-01 | 0 days | 1,600 sqft |
2022-08-01 | 0 days | 1,675 sqft |
2022-09-01 | 0 days | 1,770 sqft |
2022-10-01 | 0 days | 1,680 sqft |
2022-11-01 | 0 days | 1,725 sqft |
2022-12-01 | 0 days | 1,548 sqft |
2023-01-01 | 0 days | 1,494 sqft |
2023-02-01 | 0 days | 1,482 sqft |
2023-03-01 | 0 days | 1,532 sqft |
2023-04-01 | 0 days | 1,666 sqft |
2023-05-01 | 0 days | 1,597 sqft |
2023-06-01 | 0 days | 1,688 sqft |
2023-07-01 | 0 days | 1,628 sqft |
2023-08-01 | 0 days | 1,568 sqft |
2023-09-01 | 0 days | 1,584 sqft |
2023-10-01 | 0 days | 1,624 sqft |
Meadville's median square footage for active listings during the 2023-10-01 period was 1,624 sqft. One year prior, the average listing was 1,680 sqft.
Meadville, PA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 743 | $120,695,000 | $162,443 |
Refi | 406 | $46,570,000 | $114,704 |
Home Improvement | 268 | $16,590,000 | $61,903 |
Other | 178 | $13,610,000 | $76,461 |
Cash Out Refi | 152 | $19,840,000 | $130,526 |
Meadville's most frequently cited loan purpose was Home Purchase, with 743 originations. The 2nd most popular reason was Refi, with 406 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 390 | $50,700,000 | $130,000 |
5-6% | 373 | $49,795,000 | $133,499 |
4-5% | 334 | $40,860,000 | $122,335 |
6-7% | 159 | $16,725,000 | $105,189 |
2.5-3% | 149 | $19,135,000 | $128,423 |
<2.5% | 102 | $9,260,000 | $90,784 |
Over 8% | 44 | $2,350,000 | $53,409 |
7-8% | 40 | $3,930,000 | $98,250 |
During 2022, Meadville's most frequently originated rate bucket was 3-4%, with 390 originations.
Loan Sizing (Meadville, PA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 839 | $49,075,000 | $58,492 |
$100k-200k | 686 | $95,320,000 | $138,950 |
$200k-400k | 192 | $49,410,000 | $257,344 |
$400k-600k | 17 | $8,305,000 | $488,529 |
$600k-1000k | 10 | $7,590,000 | $759,000 |
$Over $1MM | 3 | $7,605,000 | $2,535,000 |
Meadville's loan sizing saw the bucket of loans from $100,000 or less with 839 originations, totaling $49,075,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 593 | $93,565,000 | $157,782 |
60-80% | 373 | $52,655,000 | $141,166 |
20-40% | 213 | $14,805,000 | $69,507 |
40-60% | 210 | $21,230,000 | $101,095 |
Under 20% | 149 | $5,985,000 | $40,168 |
Over 100% | 11 | $2,315,000 | $210,455 |
Meadville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 593 originations, totaling $93,565,000 in origination value.