Meadville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Meadville averaged
7.14%
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
7.07% and
one month ago for the week of 2023-02-09, the
average rate was 6.66%.
Meadville's average rate one year ago was 4.29%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.16%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Meadville 30 Year Fixed Rate | 2023-03-16 | 7.14% |
Meadville 30 Year Fixed Rate Refi | 2023-03-16 | 7.16% |
Meadville 15 Year Fixed Rate | 2023-03-16 | 7.09% |
Meadville 15 Year Fixed Rate Refi | 2023-03-16 | 6.89% |
Meadville 30 Year FHA | 2023-03-16 | 6.47% |
Meadville 30 Year FHA Refi | 2023-03-16 | 6.32% |
Meadville 30 Year USDA | 2023-03-16 | 6.85% |
Meadville 30 Year USDA Refi | 2023-03-16 | 7.04% |
Meadville 30 Year VA | 2023-03-16 | 6.62% |
Meadville 30 Year VA Refi | 2023-03-16 | 5.88% |
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 81 lenders originated 2,094
loans during 2021. The total origination value was $262,880,000, with an average loan value of
$125,540.
Meadville's average closing costs are $4,409.
The top Meadville lender as defined by loan originations is Northwest Bank, with
69 loans originated. Their average total fees are
$4,706, which is $1,643
higher than the next largest lender,
Marquette Savings Bank.
The lowest fee Meadville lenders (with over 10 loans originated) are
Marquette Savings Bank ($3,062), First National Bank of Pennsylvania ($3,864), PNC Bank ($3,993), CNB Bank ($4,102) and MOVEMENT MORTGAGE, LLC ($4,109).
The lowest rate Meadville lenders (with over 10 loans originated) are
First National Bank of Pennsylvania (3.01%), CNB Bank (3.02%), Northwest Bank (3.04%), Citizens Bank (3.05%) and PNC Bank (3.13%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
Marquette Savings Bank | $30,745,000 | $29,050,000 | -5.5% | 11.1% |
QUICKEN LOANS, LLC | $17,260,000 | $25,550,000 | 48.0% | 9.7% |
Northwest Bank | $26,640,000 | $24,135,000 | -9.4% | 9.2% |
CNB Bank | $18,125,000 | $22,170,000 | 22.3% | 8.4% |
PNC Bank | $13,370,000 | $15,345,000 | 14.8% | 5.8% |
First National Bank of Pennsylvania | $12,875,000 | $13,635,000 | 5.9% | 5.2% |
Citizens Bank | $6,570,000 | $9,365,000 | 42.5% | 3.6% |
Greenville Savings Bank | $4,675,000 | $8,795,000 | 88.1% | 3.3% |
Mercer County State Bank | $8,855,000 | $8,685,000 | -1.9% | 3.3% |
The ONE | $8,360,000 | $7,090,000 | -15.2% | 2.7% |
Mortgage Research Center, LLC | $6,135,000 | $6,410,000 | 4.5% | 2.4% |
UNION HOME MORTGAGE CORP. | $3,805,000 | $4,540,000 | 19.3% | 1.7% |
UNITED WHOLESALE MORTGAGE, LLC | $1,695,000 | $3,895,000 | 129.8% | 1.5% |
The Huntington National Bank | $1,630,000 | $3,190,000 | 95.7% | 1.2% |
The Andover Bank | $3,975,000 | $3,145,000 | -20.9% | 1.2% |
PLAZA HOME MORTGAGE, INC. | $1,440,000 | $3,070,000 | 113.2% | 1.2% |
FREEDOM MORTGAGE CORPORATION | $3,400,000 | $2,770,000 | -18.5% | 1.1% |
PENNSYLVANIA STATE EMPLOYEES Credit Union | $1,940,000 | $2,755,000 | 42.0% | 1.0% |
Flagstar Bank, FSB | $2,575,000 | $2,680,000 | 4.1% | 1.0% |
Wells Fargo Bank | $875,000 | $2,625,000 | 200.0% | 1.0% |
MOVEMENT MORTGAGE, LLC | $4,270,000 | $2,375,000 | -44.4% | 0.9% |
CORRY FEDERAL CREDIT UNION | $2,220,000 | $2,205,000 | -0.7% | 0.8% |
Mr. Cooper ( Nationstar Mortgage ) | $450,000 | $1,835,000 | 307.8% | 0.7% |
PENNYMAC LOAN SERVICES, LLC | $475,000 | $1,815,000 | 282.1% | 0.7% |
LOANDEPOT.COM, LLC | $270,000 | $1,655,000 | 513.0% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $700,000 | $1,605,000 | 129.3% | 0.6% |
ERIE FEDERAL CREDIT UNION | $1,905,000 | $1,560,000 | -18.1% | 0.6% |
EQUITY RESOURCES, INC. | $1,655,000 | $1,550,000 | -6.3% | 0.6% |
GUARANTEED RATE, INC. | $155,000 | $1,530,000 | 887.1% | 0.6% |
AFFORDABLE MORTGAGE ADVISORS, LLC. | $2,495,000 | $1,510,000 | -39.5% | 0.6% |
Bank of America | $115,000 | $1,500,000 | 1,204.3% | 0.6% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,810,000 | $1,390,000 | -23.2% | 0.5% |
USAA Federal Savings Bank | $500,000 | $1,390,000 | 178.0% | 0.5% |
BROKER SOLUTIONS, INC. | $1,355,000 | n/a | 0.5% | |
Equity Prime Mortgage LLC | $620,000 | $1,350,000 | 117.7% | 0.5% |
NEWREZ LLC | $325,000 | $1,315,000 | 304.6% | 0.5% |
First Savings Bank | $805,000 | $1,285,000 | 59.6% | 0.5% |
HOME POINT FINANCIAL CORPORATION | $1,055,000 | $1,045,000 | -0.9% | 0.4% |
WEST PENN FINANCIAL SERVICE CENTER, INC. | $460,000 | $1,035,000 | 125.0% | 0.4% |
ROYAL UNITED MORTGAGE LLC | $610,000 | $1,000,000 | 63.9% | 0.4% |
First Federal Bank of the Midwest | $75,000 | $890,000 | 1,086.7% | 0.3% |
The Farmers National Bank of Emlenton | $820,000 | $885,000 | 7.9% | 0.3% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $135,000 | $860,000 | 537.0% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $665,000 | $855,000 | 28.6% | 0.3% |
KeyBank | $710,000 | $815,000 | 14.8% | 0.3% |
Stifel Bank and Trust | $755,000 | n/a | 0.3% | |
TIDEWATER MORTGAGE SERVICES, INC. | $1,200,000 | $740,000 | -38.3% | 0.3% |
HOMESIDE FINANCIAL, LLC | $185,000 | $725,000 | 291.9% | 0.3% |
Waterstone Mortgage Corporation | $545,000 | $725,000 | 33.0% | 0.3% |
DEVELOPER'S MORTGAGE COMPANY | $705,000 | n/a | 0.3% | |
VILLAGE CAPITAL & INVESTMENT LLC | $890,000 | $675,000 | -24.2% | 0.3% |
Widget Federal Credit Union | $715,000 | $635,000 | -11.2% | 0.2% |
Hometown Lenders, Inc. | $610,000 | n/a | 0.2% | |
The Farmers National Bank of Canfield | $605,000 | n/a | 0.2% | |
21ST MORTGAGE CORPORATION | $125,000 | $600,000 | 380.0% | 0.2% |
HOWARD HANNA FINANCIAL SERVICES, INC. | $1,020,000 | $575,000 | -43.6% | 0.2% |
First Commonwealth Bank | $665,000 | $570,000 | -14.3% | 0.2% |
SUN WEST MORTGAGE COMPANY, INC. | $250,000 | $560,000 | 124.0% | 0.2% |
NAVY FEDERAL CREDIT UNION | $1,555,000 | $555,000 | -64.3% | 0.2% |
CALIBER HOME LOANS, INC. | $555,000 | $550,000 | -0.9% | 0.2% |
NEW DAY FINANCIAL, LLC | $835,000 | $545,000 | -34.7% | 0.2% |
ARC HOME LLC | $415,000 | $535,000 | 28.9% | 0.2% |
Barrington Bank & Trust Company, N.A. | $625,000 | $500,000 | -20.0% | 0.2% |
JPMorgan Chase Bank | $495,000 | $500,000 | 1.0% | 0.2% |
FEDERATED MORTGAGE CORP. | $490,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $230,000 | $485,000 | 110.9% | 0.2% |
HOMESTEAD FUNDING CORP. | $2,230,000 | $475,000 | -78.7% | 0.2% |
JLB CORPORATION | $270,000 | $475,000 | 75.9% | 0.2% |
S&T Bank | $770,000 | $465,000 | -39.6% | 0.2% |
GUARANTEED RATE AFFINITY, LLC | $275,000 | $460,000 | 67.3% | 0.2% |
Carrington Mortgage Services, LLC | $195,000 | $445,000 | 128.2% | 0.2% |
LAKEVIEW LOAN SERVICING, LLC | $655,000 | $440,000 | -32.8% | 0.2% |
The Federal Savings Bank | $430,000 | n/a | 0.2% | |
First Federal Savings and Loan Association of Lakewood | $55,000 | $415,000 | 654.5% | 0.2% |
Dollar Bank, Federal Savings Bank | $1,245,000 | $405,000 | -67.5% | 0.2% |
Elderton State Bank | $395,000 | n/a | 0.2% | |
Union Savings Bank | $350,000 | n/a | 0.1% | |
FIRST HERITAGE FINANCIAL, LLC | $105,000 | $345,000 | 228.6% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $345,000 | n/a | 0.1% | |
Victorian Finance, LLC | $1,195,000 | $340,000 | -71.5% | 0.1% |
LIBERTY HOME MORTGAGE CORPORATION | $190,000 | $335,000 | 76.3% | 0.1% |
Paramount Residential Mortgage Group, Inc. | $285,000 | $335,000 | 17.5% | 0.1% |
BETTER MORTGAGE CORPORATION | $470,000 | $315,000 | -33.0% | 0.1% |
CORNING | $315,000 | n/a | 0.1% | |
First Federal Bank of Kansas City | $225,000 | $305,000 | 35.6% | 0.1% |
MORTGAGE ACCESS CORP. | $305,000 | n/a | 0.1% | |
TOWNE MORTGAGE COMPANY | $225,000 | $305,000 | 35.6% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $300,000 | n/a | 0.1% | |
Discover Bank | $75,000 | $300,000 | 300.0% | 0.1% |
Gateway First Bank | $195,000 | $300,000 | 53.8% | 0.1% |
AmeriHome Mortgage Company, LLC | $290,000 | n/a | 0.1% | |
HOMEXPRESS MORTGAGE CORP. | $285,000 | n/a | 0.1% | |
UBS Bank USA | $285,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $445,000 | $265,000 | -40.4% | 0.1% |
CFSBANK | $255,000 | n/a | 0.1% | |
MEMBER FIRST MORTGAGE, LLC | $105,000 | $240,000 | 128.6% | 0.1% |
First Mid Bank & Trust | $235,000 | n/a | 0.1% | |
NP, Inc. | $235,000 | n/a | 0.1% | |
Wyndham Capital Mortgage, Inc. | $225,000 | n/a | 0.1% | |
Ally Bank | $220,000 | n/a | 0.1% | |
AmeriServ Financial Bank | $220,000 | n/a | 0.1% | |
Truist Bank | $135,000 | $220,000 | 63.0% | 0.1% |
SOUTHPOINT FINANCIAL SERVICES, INC. | $215,000 | n/a | 0.1% | |
Fifth Third Bank | $210,000 | n/a | 0.1% | |
AMERICAN FEDERAL MORTGAGE CORPORATION | $205,000 | n/a | 0.1% | |
HomePromise Corporation | $205,000 | n/a | 0.1% | |
AMERICAN ADVISORS GROUP | $60,000 | $190,000 | 216.7% | 0.1% |
ACCELERATE MORTGAGE, LLC | $185,000 | n/a | 0.1% | |
CLEARPATH LENDING | $290,000 | $175,000 | -39.7% | 0.1% |
NETWORK CAPITAL FUNDING CORPORATION | $175,000 | n/a | 0.1% | |
FIRST HOME MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
FINANCE OF AMERICA MORTGAGE LLC | $155,000 | $155,000 | 0.0% | 0.1% |
Manufacturers and Traders Trust Company | $115,000 | $155,000 | 34.8% | 0.1% |
RUOFF MORTGAGE COMPANY, INC. | $155,000 | n/a | 0.1% | |
AmRes Corporation | $105,000 | $145,000 | 38.1% | 0.1% |
Bank of England | $190,000 | $145,000 | -23.7% | 0.1% |
Nations Lending Corporation | $680,000 | $145,000 | -78.7% | 0.1% |
ATHAS CAPITAL GROUP, INC. | $125,000 | $135,000 | 8.0% | 0.1% |
Brentwood Bank | $135,000 | n/a | 0.1% | |
Mars Bank | $885,000 | $135,000 | -84.7% | 0.1% |
North American Savings Bank, F.S.B. | $135,000 | n/a | 0.1% | |
Watermark Capital, Inc. | $135,000 | n/a | 0.1% | |
LOANPAL, LLC | $135,000 | $130,000 | -3.7% | 0.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $125,000 | n/a | 0.0% | |
Grove City Area Federal Credit Union | $125,000 | n/a | 0.0% | |
Deere Employees Credit Union | $115,000 | n/a | 0.0% | |
EMBRACE HOME LOANS, INC. | $340,000 | $115,000 | -66.2% | 0.0% |
MID AMERICA MORTGAGE, INC. | $115,000 | n/a | 0.0% | |
HOMESPIRE MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
Jersey Shore State Bank | $105,000 | n/a | 0.0% | |
Washington Financial Bank | $105,000 | n/a | 0.0% | |
DIGITAL Federal Credit Union | $95,000 | n/a | 0.0% | |
MEMBERS 1ST FEDERAL CREDIT UNION | $85,000 | n/a | 0.0% | |
MICHIGAN MUTUAL, INC. | $85,000 | n/a | 0.0% | |
WesBanco Bank, Inc. | $85,000 | n/a | 0.0% | |
SPRING EQ, LLC | $75,000 | n/a | 0.0% | |
APOLLO TRUST COMPANY | $45,000 | n/a | 0.0% | |
U.S. Bank | $45,000 | n/a | 0.0% |
Meadville's top lender by overall market share is Marquette Savings Bank, with 11.1% market share. In second place, with 9.7%, is QUICKEN LOANS, LLC, having originated $25,550,000 in loans. In third place, with 9.2%, is Northwest Bank, having originated $24,135,000 in loans. In fourth place, with 8.4%, is CNB Bank, having originated $22,170,000 in loans. In fifth place, with 5.8%, is PNC Bank, having originated $15,345,000 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%) | $163,123 (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 |
Meadville's median listing price comes in at 0% of the national average.
Meadville's average listing price for 2023-02-01 was $265,575, a difference of $78,802 (42.2%) versus the prior year and $-2,110 versus the prior month.
For the 2023-02-01 period, Meadville had 80 MLS listings, a difference of -11 listings (-12%) versus the prior month and -2 listings (-2%) 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 | 1,613 sqft |
2019-08-01 | 0 days | 1,610 sqft |
2019-09-01 | 0 days | 1,595 sqft |
2019-10-01 | 0 days | 1,577 sqft |
2019-11-01 | 0 days | 1,533 sqft |
2019-12-01 | 0 days | 1,546 sqft |
2020-01-01 | 0 days | 1,528 sqft |
2020-02-01 | 0 days | 1,512 sqft |
2020-03-01 | 0 days | 1,594 sqft |
2020-04-01 | 0 days | 1,602 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 | 1,648 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 | 1,676 sqft |
2021-07-01 | 0 days | 1,746 sqft |
2021-08-01 | 0 days | 1,703 sqft |
2021-09-01 | 0 days | 1,680 sqft |
2021-10-01 | 0 days | 1,581 sqft |
2021-11-01 | 0 days | 1,671 sqft |
2021-12-01 | 0 days | 1,665 sqft |
2022-01-01 | 0 days | 1,661 sqft |
2022-02-01 | 0 days | 1,571 sqft |
2022-03-01 | 0 days | 1,515 sqft |
2022-04-01 | 0 days | 1,569 sqft |
2022-05-01 | 0 days | 1,576 sqft |
2022-06-01 | 0 days | 1,642 sqft |
2022-07-01 | 0 days | 1,600 sqft |
2022-08-01 | 0 days | 1,669 sqft |
2022-09-01 | 0 days | 1,761 sqft |
2022-10-01 | 0 days | 1,680 sqft |
2022-11-01 | 0 days | 1,714 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 |
Meadville's median square footage for active listings during the 2023-02-01 period was 1,482 sqft. One year prior, the average listing was 1,571 sqft.
Meadville, PA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Refi | 797 | $100,425,000 | $126,004 |
Home Purchase | 790 | $114,670,000 | $145,152 |
Cash Out Refi | 217 | $28,785,000 | $132,650 |
Home Improvement | 153 | $9,955,000 | $65,065 |
Other | 137 | $9,045,000 | $66,022 |
Meadville's most frequently cited loan purpose was Refi, with 797 originations. The 2nd most popular reason was Home Purchase, with 790 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 802 | $100,080,000 | $124,788 |
2.5-3% | 656 | $90,880,000 | $138,537 |
<2.5% | 258 | $34,230,000 | $132,674 |
4-5% | 140 | $12,470,000 | $89,071 |
5-6% | 30 | $2,450,000 | $81,667 |
6-7% | 13 | $625,000 | $48,077 |
7-8% | 5 | $325,000 | $65,000 |
Over 8% | 2 | $230,000 | $115,000 |
During 2021, Meadville's most frequently originated rate bucket was 3-4%, with 802 originations.
Loan Sizing (Meadville, PA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 939 | $60,495,000 | $64,425 |
$100k-200k | 887 | $122,455,000 | $138,055 |
$200k-400k | 243 | $63,925,000 | $263,066 |
$400k-600k | 17 | $7,595,000 | $446,765 |
$600k-1000k | 5 | $3,815,000 | $763,000 |
$Over $1MM | 3 | $4,595,000 | $1,531,667 |
Meadville's loan sizing saw the bucket of loans from $100,000 or less with 939 originations, totaling $60,495,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 730 | $109,870,000 | $150,507 |
60-80% | 592 | $78,010,000 | $131,774 |
40-60% | 250 | $29,480,000 | $117,920 |
20-40% | 163 | $11,265,000 | $69,110 |
Under 20% | 83 | $2,395,000 | $28,855 |
Over 100% | 15 | $3,215,000 | $214,333 |
Meadville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 730 originations, totaling $109,870,000 in origination value.