MORGANTOWN 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 Morgantown averaged 6.36% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

    The average rate for the prior week (2023-09-14) was 6.45% and one month ago for the week of 2023-08-17, the average rate was 6.46%.

    Morgantown's average rate one year ago was 5.39%.

    For refis of the same type during the week of 2023-09-21, the average rate was 6.16%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-21 7.19%
    Morgantown 30 Year Fixed Rate 2023-09-21 6.36%
    Morgantown 30 Year Fixed Rate Refi 2023-09-21 6.16%
    Morgantown 15 Year Fixed Rate 2023-09-21 6.61%
    Morgantown 15 Year Fixed Rate Refi 2023-09-21 5.21%
    Morgantown 30 Year FHA 2023-09-21 6.74%
    Morgantown 30 Year FHA Refi 2023-09-21 7.14%
    Morgantown 30 Year USDA 2023-09-21 7.12%
    Morgantown 30 Year USDA Refi 2023-09-21 7.22%
    Morgantown 30 Year VA 2023-09-21 6.02%
    Morgantown 30 Year VA Refi 2023-09-21 6.92%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MORGANTOWN, WV.

    MORGANTOWN 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 MORGANTOWN, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    First Federal Bank of the Midwest 163 4.31% $4,269
    Clear Mountain Bank 152 4.29% $3,427
    The Huntington National Bank 82 4.33% $5,143
    INTERCOASTAL MORTGAGE COMPANY 76 4.77% $4,850
    PNC Bank 58 4.80% $4,496
    QUICKEN LOANS, LLC 55 5.07% $6,922
    WesBanco 48 4.56% $4,631
    NVR Mortgage Finance, Inc. 46 4.63% $7,645
    City National Bank of West Virginia 38 4.23% $2,016
    Truist 35 4.63% $4,071
    United Bank 31 4.65% $4,135
    FAIRMONT 31 3.98% $2,995
    LOANDEPOT.COM, LLC 27 4.76% $4,945
    UNITED WHOLESALE MORTGAGE, LLC 25 5.13% $5,245
    First Federal Savings and Loan Association of Greene Co 24 4.10% $2,896
    HOME POINT FINANCIAL CORPORATION 15 4.26% $5,312
    Sierra Pacific Mortgage Company, Inc. 12 5.95% $7,363
    Wells Fargo Bank 10 4.93% $4,549
    NAVY FEDERAL CREDIT UNION 10 4.84% $3,915
    NFM, INC. 10 4.75% $5,925
    AMERISAVE MORTGAGE CORPORATION 9 4.29% $5,038
    First National Bank of Pennsylvania 6 4.13% $4,818
    Ally Bank 6 4.31% $3,527
    The United Federal Credit Union 6 4.83% $2,174
    Summit Community Bank, Inc. 6 5.09% $3,720
    PRIMELENDING, A PLAINSCAPITAL COMPANY 6 5.40% $4,849
    Farm Credit of the Virginias, ACA 6 7.32% $2,992
    Fifth Third Bank 6 3.90% $4,382
    JPMorgan Chase Bank 6 5.64% $2,795
    BROKER SOLUTIONS, INC. 5 4.97% $6,116
    DAS Acquisition Company, LLC 5 6.30% $8,642
    U.S. Bank 5 4.30% $5,072
    UNION HOME MORTGAGE CORP. 5 4.43% $4,983
    CHURCHILL MORTGAGE CORPORATION 4 4.56% $5,473
    BETTER MORTGAGE CORPORATION 4 3.88% $4,490
    FREEDOM MORTGAGE CORPORATION 4 3.41% $4,593
    Victorian Finance, LLC 4 5.34% $4,774
    HOMESPIRE MORTGAGE CORPORATION 3 4.96% $6,375
    PENTAGON FEDERAL CREDIT UNION 3 4.46% $2,468
    Mr. Cooper ( Nationstar Mortgage ) 3 4.58% $6,867
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.62% $4,026
    Bank of America 3 4.38% $3,762
    Flagstar Bank, FSB 3 3.89% $6,103
    ROYAL UNITED MORTGAGE LLC 3 5.92% $5,471
    Simmons Bank 3 3.54% $3,688
    First Community Bank 3 5.69% $5,448
    CHESSIE 2 3.81% $2,667
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 6.00% $6,401
    Carrington Mortgage Services, LLC 2 4.50% $6,156
    CROSSCOUNTRY MORTGAGE, LLC 2 4.75% $5,134
    GUIDANCE RESIDENTIAL, LLC 2 5.50% $4,576
    Integrity Home Mortgage Corp 2 4.44% $3,986
    Citibank 2 4.69% $3,781
    Citizens Bank 2 3.94% $6,951
    Morgan Stanley Private Bank 2 2.65% $4,400
    North American Savings Bank, F.S.B. 2 6.44% $7,214
    JUSTICE Federal Credit Union 2 4.13% $6,416
    Mortgage Research Center, LLC 2 4.94% $2,932
    Discover Bank 2 5.12% $0
    MOVEMENT MORTGAGE, LLC 2 4.56% $1,706
    PENNYMAC LOAN SERVICES, LLC 2 4.75% $6,171
    FIRST HOME MORTGAGE CORPORATION 2 4.31% $5,237
    Old National Bank 1 3.88% $3,116
    Peoples Bank 1 4.50% $3,534
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.75% $7,369
    CONTOUR MORTGAGE CORPORATION 1 4.50% $3,702
    Prosperity Home Mortgage, LLC 1 5.88% $3,279
    Raymond James Bank 1 3.13% $3,624
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 5.75% $5,250
    Strong Home Mortgage, LLC 1 3.38% $6,832
    Alcova Mortgage LLC 1 5.50% $2,918
    SUN WEST MORTGAGE COMPANY, INC. 1 6.63% $7,316
    T2 FINANCIAL LLC 1 7.13% $7,519
    The Dart Bank 1 6.75% $4,045
    The Farmers National Bank of Emlenton 1 3.38% $3,285
    The Federal Savings Bank 1 5.75% $6,029
    Chicago Mortgage Solutions LLC 1 3.52% $3,575
    Towne Bank 1 3.63% $3,379
    CARDINAL FINANCIAL 1 3.38% $5,236
    Union Savings Bank 1 5.75% $2,712
    CALIBER HOME LOANS, INC. 1 5.38% $7,171
    Bank of Whittier 1 5.95% $3,593
    USAA Federal Savings Bank 1 6.38% $5,958
    Wyndham Capital Mortgage, Inc. 1 4.99% $3,345
    Warsaw Federal Savings and Loan Association 1 4.59% $5,503
    Waterstone Mortgage Corporation 1 4.75% $5,520
    Austin Capital Bank SSB 1 6.13% $6,065
    First Horizon Bank 1 6.38% $3,821
    First State Bank of St. Charles, Missouri 1 5.25% $4,730
    Florida Capital Bank 1 3.99% $9,252
    FRANKLIN MINT 1 4.50% $14,543
    Arvest Bank 1 3.38% $3,385
    Gateway First Bank 1 5.38% $2,622
    George Mason Mortgage, LLC 1 3.13% $3,887
    GUARANTEED RATE, INC. 1 5.63% $5,054
    First Commonwealth Bank 1 4.88% $7,680
    Hometown Lenders, Inc. 1 4.75% $6,775
    First-Citizens Bank & Trust Company 1 5.15% $3,629
    FirstBank 1 3.75% $3,056
    LAKEVIEW LOAN SERVICING, LLC 1 3.25% $11,055
    LIBERTY HOME MORTGAGE CORPORATION 1 6.00% $10,980
    MCLEAN MORTGAGE CORPORATION 1 6.25% $5,324
    MILLENNIUM FINANCIAL GROUP, INC. 1 4.13% $7,102
    MORIA DEVELOPMENT, INC. 1 5.99% $6,595
    M&T Bank 1 5.25% $3,496
    EQUITY RESOURCES, INC. 1 4.13% $3,479
    NBH Bank 1 6.13% $9,319
    NBKC BANK 1 5.00% $3,275
    NEWREZ LLC 1 3.75% $2,708
    DRAPER AND KRAMER MORTGAGE CORP. 1 3.25% $3,874
    Northpointe Bank 1 5.99% $8,056
    Northwest Bank 1 4.38% $6,463

    MORGANTOWN Average Closing Costs & Other Stats

    MORGANTOWN, WV's 112 lenders originated 2,731 loans during 2022. The total origination value was $770,225,000, with an average loan value of $282,030.

    MORGANTOWN's average closing costs are $4,394.

    The top MORGANTOWN lender as defined by loan originations is First Federal Bank of the Midwest, with 163 loans originated. Their average total fees are $4,269, which is $841 higher than the next largest lender, Clear Mountain Bank.

    The lowest fee MORGANTOWN lenders (with over 10 loans originated) are City National Bank of West Virginia ($2,016), First Federal Savings and Loan Association of Greene Co ($2,896), FAIRMONT ($2,995), Clear Mountain Bank ($3,427) and NAVY FEDERAL CREDIT UNION ($3,915).

    The lowest rate MORGANTOWN lenders (with over 10 loans originated) are FAIRMONT (3.98%), First Federal Savings and Loan Association of Greene Co (4.10%), City National Bank of West Virginia (4.23%), HOME POINT FINANCIAL CORPORATION (4.26%) and Clear Mountain Bank (4.29%).

    MORGANTOWN, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    First Federal Bank of the Midwest $108,485,000 $97,615,000 -10.0% 12.7%
    Clear Mountain Bank $150,075,000 $79,720,000 -46.9% 10.4%
    WesBanco Bank, Inc. $47,110,000 $59,350,000 26.0% 7.7%
    The Huntington National Bank $96,280,000 $55,980,000 -41.9% 7.3%
    Wells Fargo Bank $9,820,000 $50,565,000 414.9% 6.6%
    QUICKEN LOANS, LLC $66,780,000 $26,175,000 -60.8% 3.4%
    PNC Bank $46,020,000 $26,110,000 -43.3% 3.4%
    United Bank $55,440,000 $24,530,000 -55.8% 3.2%
    NVR Mortgage Finance, Inc. $17,505,000 $23,985,000 37.0% 3.1%
    INTERCOASTAL MORTGAGE COMPANY $46,510,000 $22,045,000 -52.6% 2.9%
    Truist $37,210,000 $20,050,000 -46.1% 2.6%
    First Exchange Bank $10,760,000 $18,275,000 69.8% 2.4%
    First Guaranty Bank $16,130,000 n/a 2.1%
    City National Bank of West Virginia $10,905,000 $15,705,000 44.0% 2.0%
    First Federal Savings and Loan Association of Greene Co $13,520,000 $14,380,000 6.4% 1.9%
    LOANDEPOT.COM, LLC $14,880,000 $14,325,000 -3.7% 1.9%
    First United Corporation $16,290,000 $13,340,000 -18.1% 1.7%
    UNITED WHOLESALE MORTGAGE, LLC $6,360,000 $9,920,000 56.0% 1.3%
    Mortgage Research Center, LLC $15,015,000 $8,795,000 -41.4% 1.1%
    FAIRMONT $9,075,000 $8,310,000 -8.4% 1.1%
    HOME POINT FINANCIAL CORPORATION $35,870,000 $8,110,000 -77.4% 1.1%
    The Grant County Bank $4,570,000 $7,030,000 53.8% 0.9%
    Mid Penn Bank $7,005,000 n/a 0.9%
    AMERISAVE MORTGAGE CORPORATION $10,265,000 $6,835,000 -33.4% 0.9%
    Flagstar Bank, FSB $6,325,000 $6,735,000 6.5% 0.9%
    NAVY FEDERAL CREDIT UNION $6,335,000 $6,550,000 3.4% 0.9%
    Sierra Pacific Mortgage Company, Inc. $8,985,000 $5,330,000 -40.7% 0.7%
    Brentwood Bank $5,075,000 n/a 0.7%
    First National Bank of Pennsylvania $2,435,000 $4,955,000 103.5% 0.6%
    JPMorgan Chase Bank $8,895,000 $4,235,000 -52.4% 0.5%
    CNB Bank Inc. $295,000 $3,990,000 1,252.5% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $7,395,000 $3,835,000 -48.1% 0.5%
    FREEDOM MORTGAGE CORPORATION $12,650,000 $3,750,000 -70.4% 0.5%
    Summit Community Bank, Inc. $7,840,000 $3,285,000 -58.1% 0.4%
    U.S. Bank $9,440,000 $3,245,000 -65.6% 0.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $3,045,000 $3,030,000 -0.5% 0.4%
    The United Federal Credit Union $3,790,000 $2,940,000 -22.4% 0.4%
    M&T Realty Capital Corporation $2,905,000 n/a 0.4%
    UNION HOME MORTGAGE CORP. $10,980,000 $2,795,000 -74.5% 0.4%
    NFM, INC. $1,700,000 $2,390,000 40.6% 0.3%
    BETTER MORTGAGE CORPORATION $10,710,000 $2,320,000 -78.3% 0.3%
    Ally Bank $3,140,000 $2,280,000 -27.4% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $1,185,000 $2,115,000 78.5% 0.3%
    Fifth Third Bank $3,500,000 $2,090,000 -40.3% 0.3%
    USAA Federal Savings Bank $3,985,000 $2,020,000 -49.3% 0.3%
    First Community Bank $1,445,000 $1,985,000 37.4% 0.3%
    DAS Acquisition Company, LLC $1,685,000 n/a 0.2%
    Farm Credit of the Virginias, ACA $1,070,000 $1,685,000 57.5% 0.2%
    Morgan Stanley Private Bank $605,000 $1,660,000 174.4% 0.2%
    BROKER SOLUTIONS, INC. $2,330,000 $1,540,000 -33.9% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $530,000 $1,485,000 180.2% 0.2%
    Bank of America $3,025,000 $1,415,000 -53.2% 0.2%
    JUSTICE Federal Credit Union $1,435,000 $1,390,000 -3.1% 0.2%
    The Federal Savings Bank $635,000 $1,360,000 114.2% 0.2%
    HOMESPIRE MORTGAGE CORPORATION $765,000 $1,310,000 71.2% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,170,000 $1,240,000 6.0% 0.2%
    NEWREZ LLC $1,800,000 $1,240,000 -31.1% 0.2%
    PENNYMAC LOAN SERVICES, LLC $4,295,000 $1,195,000 -72.2% 0.2%
    Citizens Bank $2,435,000 $1,175,000 -51.7% 0.2%
    WEPCO Federal Credit Union $670,000 $1,175,000 75.4% 0.2%
    Victorian Finance, LLC $920,000 $1,135,000 23.4% 0.1%
    CALIBER HOME LOANS, INC. $1,840,000 $1,085,000 -41.0% 0.1%
    Chicago Mortgage Solutions LLC $1,625,000 $1,085,000 -33.2% 0.1%
    PENTAGON FEDERAL CREDIT UNION $1,500,000 $985,000 -34.3% 0.1%
    Putnam County Bank $225,000 $950,000 322.2% 0.1%
    FIRST HOME MORTGAGE CORPORATION $900,000 n/a 0.1%
    Simmons Bank $275,000 $895,000 225.5% 0.1%
    CHURCHILL MORTGAGE CORPORATION $525,000 $890,000 69.5% 0.1%
    Discover Bank $305,000 $785,000 157.4% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $605,000 $745,000 23.1% 0.1%
    Pendleton Community Bank, Inc. $275,000 $705,000 156.4% 0.1%
    North American Savings Bank, F.S.B. $780,000 $690,000 -11.5% 0.1%
    First Commonwealth Bank $3,505,000 $680,000 -80.6% 0.1%
    LENDINGHOME FUNDING CORPORATION $640,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $980,000 $635,000 -35.2% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $220,000 $635,000 188.6% 0.1%
    GUARANTEED RATE, INC. $1,680,000 $590,000 -64.9% 0.1%
    GUIDANCE RESIDENTIAL, LLC $195,000 $540,000 176.9% 0.1%
    Northwest Bank $410,000 $505,000 23.2% 0.1%
    Wyndham Capital Mortgage, Inc. $1,555,000 $495,000 -68.2% 0.1%
    BNC National Bank $490,000 n/a 0.1%
    FirstBank $905,000 $490,000 -45.9% 0.1%
    SIWELL, INC. $455,000 $490,000 7.7% 0.1%
    Stride Bank $485,000 n/a 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $760,000 $480,000 -36.8% 0.1%
    T2 FINANCIAL LLC $475,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $1,275,000 $460,000 -63.9% 0.1%
    George Mason Mortgage, LLC $295,000 $435,000 47.5% 0.1%
    KeyBank $1,055,000 $430,000 -59.2% 0.1%
    The Dart Bank $425,000 n/a 0.1%
    The Farmers National Bank of Emlenton $425,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $1,360,000 $420,000 -69.1% 0.1%
    M&T Bank $1,985,000 $410,000 -79.3% 0.1%
    Integrity Home Mortgage Corp $165,000 $395,000 139.4% 0.1%
    Carrington Mortgage Services, LLC $1,375,000 $390,000 -71.6% 0.1%
    MILLENNIUM FINANCIAL GROUP, INC. $345,000 $390,000 13.0% 0.1%
    FRANKLIN MINT $745,000 $385,000 -48.3% 0.0%
    First State Bank of St. Charles, Missouri $375,000 n/a 0.0%
    Colonial Savings, F.A. $760,000 $365,000 -52.0% 0.0%
    Citibank $280,000 $360,000 28.6% 0.0%
    EMBRACE HOME LOANS, INC. $915,000 $360,000 -60.7% 0.0%
    CHESSIE $475,000 $355,000 -25.3% 0.0%
    SIRVA MORTGAGE, INC. $355,000 n/a 0.0%
    Towne Bank $690,000 $355,000 -48.6% 0.0%
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $55,000 $345,000 527.3% 0.0%
    First Guaranty Mortgage Corporation $1,745,000 $335,000 -80.8% 0.0%
    LAKEVIEW LOAN SERVICING, LLC $3,900,000 $330,000 -91.5% 0.0%
    Bank of England $825,000 $325,000 -60.6% 0.0%
    Bank of Whittier $510,000 $315,000 -38.2% 0.0%
    NBKC BANK $475,000 $305,000 -35.8% 0.0%
    Warsaw Federal Savings and Loan Association $295,000 n/a 0.0%
    Quontic Bank $290,000 n/a 0.0%
    Austin Capital Bank SSB $285,000 n/a 0.0%
    MOVEMENT MORTGAGE, LLC $2,260,000 $270,000 -88.1% 0.0%
    TOWER $190,000 $270,000 42.1% 0.0%
    Paramount Residential Mortgage Group, Inc. $265,000 n/a 0.0%
    TJC Mortgage, Inc. $265,000 n/a 0.0%
    Florida Capital Bank $245,000 $255,000 4.1% 0.0%
    First Horizon Bank $845,000 $245,000 -71.0% 0.0%
    American Airlines Federal Credit Union $235,000 n/a 0.0%
    DRAPER AND KRAMER MORTGAGE CORP. $65,000 $235,000 261.5% 0.0%
    First-Citizens Bank & Trust Company $235,000 n/a 0.0%
    Magnolia Bank $235,000 n/a 0.0%
    Middletown Valley Bank $115,000 $235,000 104.3% 0.0%
    NBH Bank $235,000 n/a 0.0%
    Old National Bank $235,000 n/a 0.0%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $235,000 n/a 0.0%
    Union Savings Bank $235,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $140,000 $225,000 60.7% 0.0%
    Flanagan State Bank $225,000 n/a 0.0%
    Gateway First Bank $790,000 $225,000 -71.5% 0.0%
    GUILD MORTGAGE COMPANY $225,000 n/a 0.0%
    MORIA DEVELOPMENT, INC. $225,000 n/a 0.0%
    The Central Trust Bank $720,000 $225,000 -68.8% 0.0%
    EQUITY RESOURCES, INC. $2,380,000 $215,000 -91.0% 0.0%
    ROYAL UNITED MORTGAGE LLC $105,000 $215,000 104.8% 0.0%
    EVERETT FINANCIAL, INC. $205,000 n/a 0.0%
    Strong Home Mortgage, LLC $195,000 n/a 0.0%
    Jefferson Security Bank $185,000 n/a 0.0%
    Northpointe Bank $425,000 $185,000 -56.5% 0.0%
    U. T. $185,000 n/a 0.0%
    DIGITAL Federal Credit Union $175,000 n/a 0.0%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $385,000 $175,000 -54.5% 0.0%
    Peoples Bank $2,465,000 $170,000 -93.1% 0.0%
    Hometown Lenders, Inc. $155,000 n/a 0.0%
    MCLEAN MORTGAGE CORPORATION $155,000 n/a 0.0%
    Prosperity Home Mortgage, LLC $155,000 n/a 0.0%
    Waterstone Mortgage Corporation $145,000 n/a 0.0%
    CONTOUR MORTGAGE CORPORATION $275,000 $135,000 -50.9% 0.0%
    RANLIFE, INC. $135,000 n/a 0.0%
    Arvest Bank $125,000 n/a 0.0%
    Raymond James Bank $115,000 n/a 0.0%
    Servion, Inc. $240,000 $110,000 -54.2% 0.0%
    Independence Bank of Kentucky $95,000 n/a 0.0%
    West Central Bank $95,000 n/a 0.0%
    1st Summit Bank $85,000 n/a 0.0%
    Alcova Mortgage LLC $425,000 $85,000 -80.0% 0.0%
    Community Bank $7,410,000 $85,000 -98.9% 0.0%
    KINECTA $85,000 n/a 0.0%
    Equity Prime Mortgage LLC $75,000 n/a 0.0%
    Northwest Federal Credit Union $75,000 n/a 0.0%
    PLANET HOME LENDING, LLC $700,000 $75,000 -89.3% 0.0%
    Secured Investment Corp. $55,000 $75,000 36.4% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $190,000 $65,000 -65.8% 0.0%
    The Poca Valley Bank, Inc. $65,000 n/a 0.0%
    BAYER HERITAGE $470,000 $45,000 -90.4% 0.0%
    ASHLAND Credit Union $165,000 $35,000 -78.8% 0.0%
    STAR USA FEDERAL CREDIT UNION $165,000 $35,000 -78.8% 0.0%
    Belmont Savings Bank $830,000 $25,000 -97.0% 0.0%
    NUMARK CREDIT UNION $45,000 $25,000 -44.4% 0.0%

    MORGANTOWN's top lender by overall market share is First Federal Bank of the Midwest, with 12.7% market share. In second place, with 10.4%, is Clear Mountain Bank, having originated $79,720,000 in loans. In third place, with 7.7%, is WesBanco Bank, Inc., having originated $59,350,000 in loans. In fourth place, with 7.3%, is The Huntington National Bank, having originated $55,980,000 in loans. In fifth place, with 6.6%, is Wells Fargo Bank, having originated $50,565,000 in loans.

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

    Realtor.com - MORGANTOWN (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 $215,000 (0.0%) $289,356 (3.6%) 0.80 582
    2018-02-01 $222,450 (3.8%) $299,736 (8.3%) 0.81 539
    2018-03-01 $240,240 (11.8%) $316,078 (13.4%) 0.84 495
    2018-04-01 $245,575 (9.1%) $317,849 (9.4%) 0.83 526
    2018-05-01 $247,500 (7.7%) $314,730 (6.0%) 0.83 566
    2018-06-01 $239,900 (4.5%) $306,116 (1.7%) 0.80 590
    2018-07-01 $239,800 (4.3%) $298,868 (-2.6%) 0.80 613
    2018-08-01 $237,500 (3.7%) $304,978 (0.7%) 0.80 614
    2018-09-01 $244,500 (11.1%) $305,778 (1.1%) 0.82 632
    2018-10-01 $242,325 (10.3%) $306,309 (4.5%) 0.82 625
    2018-11-01 $241,750 (12.2%) $304,023 (5.1%) 0.82 594
    2018-12-01 $239,900 (11.1%) $299,231 (3.2%) 0.83 547
    2019-01-01 $244,925 (13.9%) $309,860 (7.1%) 0.85 495
    2019-02-01 $241,724 (8.7%) $314,026 (4.8%) 0.82 491
    2019-03-01 $252,428 (5.1%) $322,204 (1.9%) 0.83 488
    2019-04-01 $263,379 (7.3%) $327,419 (3.0%) 0.84 495
    2019-05-01 $266,850 (7.8%) $327,505 (4.1%) 0.83 545
    2019-06-01 $259,900 (8.3%) $322,757 (5.4%) 0.81 569
    2019-07-01 $263,175 (9.8%) $323,945 (8.4%) 0.82 590
    2019-08-01 $266,095 (12.0%) $323,030 (5.9%) 0.84 600
    2019-09-01 $262,638 (7.4%) $320,799 (4.9%) 0.84 613
    2019-10-01 $259,975 (7.3%) $319,163 (4.2%) 0.84 622
    2019-11-01 $255,000 (5.5%) $306,882 (0.9%) 0.84 588
    2019-12-01 $252,425 (5.2%) $300,646 (0.5%) 0.84 557
    2020-01-01 $257,000 (4.9%) $307,798 (-0.7%) 0.86 479
    2020-02-01 $265,400 (9.8%) $321,098 (2.3%) 0.87 469
    2020-03-01 $274,950 (8.9%) $346,346 (7.5%) 0.86 466
    2020-04-01 $275,000 (4.4%) $345,895 (5.6%) 0.86 466
    2020-05-01 $292,999 (9.8%) $354,850 (8.4%) 0.89 428
    2020-06-01 $289,950 (11.6%) $362,832 (12.4%) 0.85 396
    2020-07-01 $284,500 (8.1%) $359,246 (10.9%) 0.82 380
    2020-08-01 $279,000 (4.9%) $364,535 (12.9%) 0.80 377
    2020-09-01 $277,000 (5.5%) $368,743 (15.0%) 0.79 365
    2020-10-01 $273,000 (5.0%) $363,576 (13.9%) 0.78 360
    2020-11-01 $271,198 (6.4%) $352,331 (14.8%) 0.79 327
    2020-12-01 $272,500 (8.0%) $353,388 (17.5%) 0.81 297
    2021-01-01 $275,000 (7.0%) $347,731 (13.0%) 0.82 261
    2021-02-01 $275,973 (4.0%) $336,549 (4.8%) 0.80 234
    2021-03-01 $294,850 (7.2%) $369,605 (6.7%) 0.84 208
    2021-04-01 $305,700 (11.2%) $386,037 (11.6%) 0.83 200
    2021-05-01 $301,800 (3.0%) $397,271 (12.0%) 0.80 191
    2021-06-01 $308,450 (6.4%) $408,522 (12.6%) 0.81 204
    2021-07-01 $285,000 (0.2%) $386,960 (7.7%) 0.75 227
    2021-08-01 $275,000 (-1.4%) $379,581 (4.1%) 0.73 222
    2021-09-01 $259,900 (-6.2%) $359,874 (-2.4%) 0.69 236
    2021-10-01 $264,900 (-3.0%) $351,875 (-3.2%) 0.71 229
    2021-11-01 $272,250 (0.4%) $355,283 (0.8%) 0.73 221
    2021-12-01 $285,725 (4.9%) $356,760 (1.0%) 0.77 188
    2022-01-01 $288,450 (4.9%) $347,000 (-0.2%) 0.78 137
    2022-02-01 $286,000 (3.6%) $370,019 (9.9%) 0.74 123
    2022-03-01 $299,900 (1.7%) $397,908 (7.7%) 0.75 136
    2022-04-01 $299,950 (-1.9%) $406,376 (5.3%) 0.72 130
    2022-05-01 $292,875 (-3.0%) $395,725 (-0.4%) 0.67 158
    2022-06-01 $280,375 (-9.1%) $381,518 (-6.6%) 0.62 176
    2022-07-01 $280,000 (-1.8%) $383,635 (-0.9%) 0.63 189
    2022-08-01 $277,225 (0.8%) $355,441 (-6.4%) 0.64 211
    2022-09-01 $274,725 (5.7%) $353,700 (-1.7%) 0.64 218
    2022-10-01 $280,000 (5.7%) $380,759 (8.2%) 0.66 217
    2022-11-01 $280,000 (2.9%) $396,276 (11.5%) 0.67 213
    2022-12-01 $294,000 (2.9%) $411,661 (15.4%) 0.73 194
    2023-01-01 $301,900 (4.7%) $441,633 (27.3%) 0.75 180
    2023-02-01 $299,215 (4.6%) $450,322 (21.7%) 0.72 165
    2023-03-01 $304,245 (1.5%) $472,467 (18.7%) 0.72 158
    2023-04-01 $315,000 (5.0%) $504,089 (24.0%) 0.73 172
    2023-05-01 $310,495 (6.0%) $475,609 (20.2%) 0.70 200
    2023-06-01 $322,998 (15.2%) $474,564 (24.4%) 0.73 209
    2023-07-01 $320,995 (14.6%) $468,837 (22.2%) 0.73 207
    2023-08-01 $304,718 (9.9%) $450,058 (26.6%) 0.70 228
    MORGANTOWN's median listing price for 2023-08-01 was $304,718, a difference of $27,493 (9.9%) versus the prior year and $-16,277 versus the prior month.

    MORGANTOWN's median listing price comes in at 70% of the national average.

    MORGANTOWN's average listing price for 2023-08-01 was $450,058, a difference of $94,617 (26.6%) versus the prior year and $-18,779 versus the prior month.

    For the 2023-08-01 period, MORGANTOWN had 228 MLS listings, a difference of 21 listings (10%) versus the prior month and 17 listings (8%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - MORGANTOWN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 118 days 1,966 sqft
    2018-02-01 121 days 1,959 sqft
    2018-03-01 121 days 2,062 sqft
    2018-04-01 81 days 2,047 sqft
    2018-05-01 66 days 2,002 sqft
    2018-06-01 67 days 1,985 sqft
    2018-07-01 71 days 1,976 sqft
    2018-08-01 78 days 1,976 sqft
    2018-09-01 87 days 1,976 sqft
    2018-10-01 86 days 2,001 sqft
    2018-11-01 91 days 1,945 sqft
    2018-12-01 103 days 1,900 sqft
    2019-01-01 108 days 1,899 sqft
    2019-02-01 114 days 1,897 sqft
    2019-03-01 95 days 1,963 sqft
    2019-04-01 68 days 2,011 sqft
    2019-05-01 60 days 2,046 sqft
    2019-06-01 71 days 2,016 sqft
    2019-07-01 75 days 2,032 sqft
    2019-08-01 81 days 2,040 sqft
    2019-09-01 84 days 2,018 sqft
    2019-10-01 87 days 1,999 sqft
    2019-11-01 96 days 1,985 sqft
    2019-12-01 111 days 1,944 sqft
    2020-01-01 122 days 2,005 sqft
    2020-02-01 116 days 2,074 sqft
    2020-03-01 76 days 2,216 sqft
    2020-04-01 74 days 2,182 sqft
    2020-05-01 80 days 2,207 sqft
    2020-06-01 84 days 2,234 sqft
    2020-07-01 65 days 2,159 sqft
    2020-08-01 59 days 2,152 sqft
    2020-09-01 66 days 2,152 sqft
    2020-10-01 74 days 2,088 sqft
    2020-11-01 90 days 2,072 sqft
    2020-12-01 87 days 1,938 sqft
    2021-01-01 89 days 2,005 sqft
    2021-02-01 84 days 1,972 sqft
    2021-03-01 75 days 2,126 sqft
    2021-04-01 61 days 2,107 sqft
    2021-05-01 53 days 2,211 sqft
    2021-06-01 51 days 2,140 sqft
    2021-07-01 50 days 1,982 sqft
    2021-08-01 52 days 1,945 sqft
    2021-09-01 57 days 1,863 sqft
    2021-10-01 57 days 1,875 sqft
    2021-11-01 66 days 1,875 sqft
    2021-12-01 73 days 1,821 sqft
    2022-01-01 80 days 1,821 sqft
    2022-02-01 78 days 1,856 sqft
    2022-03-01 50 days 1,932 sqft
    2022-04-01 45 days 1,892 sqft
    2022-05-01 47 days 1,921 sqft
    2022-06-01 46 days 1,865 sqft
    2022-07-01 50 days 1,823 sqft
    2022-08-01 52 days 1,781 sqft
    2022-09-01 53 days 1,818 sqft
    2022-10-01 65 days 1,856 sqft
    2022-11-01 66 days 1,874 sqft
    2022-12-01 78 days 1,899 sqft
    2023-01-01 79 days 1,888 sqft
    2023-02-01 87 days 1,885 sqft
    2023-03-01 77 days 1,860 sqft
    2023-04-01 50 days 1,940 sqft
    2023-05-01 46 days 1,928 sqft
    2023-06-01 50 days 1,918 sqft
    2023-07-01 52 days 1,940 sqft
    2023-08-01 55 days 1,948 sqft
    MORGANTOWN's median listing age (time on market) for 2023-08-01 was 55 days. This is 5% longer than the same period one year ago.

    MORGANTOWN's median square footage for active listings during the 2023-08-01 period was 1,948 sqft. One year prior, the average listing was 1,781 sqft.

    MORGANTOWN, 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
    26287 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26354 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26374 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26405 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26410 Morgantown, WV $670 $680 $830 $1,120 $1,420
    26425 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26440 Morgantown, WV $650 $650 $800 $1,080 $1,370
    26444 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26501 Morgantown, WV $670 $680 $830 $1,120 $1,420
    26504 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26505 Morgantown, WV $760 $770 $940 $1,270 $1,610
    26506 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26507 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26508 Morgantown, WV $760 $770 $940 $1,270 $1,610
    26519 Morgantown, WV $670 $670 $820 $1,110 $1,400
    26520 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26521 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26524 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26525 Morgantown, WV $640 $650 $790 $1,070 $1,350
    26527 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26531 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26534 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26537 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26541 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26542 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26543 Morgantown, WV $640 $650 $790 $1,070 $1,360
    26544 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26546 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26547 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26554 Morgantown, WV $720 $720 $880 $1,190 $1,510
    26562 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26570 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26582 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26585 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26588 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26590 Morgantown, WV $730 $740 $900 $1,220 $1,540
    26705 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26716 Morgantown, WV $640 $650 $780 $1,050 $1,350
    26764 Morgantown, WV $640 $650 $780 $1,050 $1,350

    2022 Average & Median Rent Data Statistics
    MORGANTOWN, WV average 1BR rent: $688, median: $650
    MORGANTOWN, WV average 2BR rent: $832, median: $790
    MORGANTOWN, WV average 3BR rent: $1,124, median: $1,070

    MORGANTOWN, WV Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,738 $473,990,000 $272,722
    Refi 381 $193,315,000 $507,388
    Cash Out Refi 276 $58,270,000 $211,123
    Home Improvement 196 $29,280,000 $149,388
    Other 140 $15,370,000 $109,786

    Morgantown's most frequently cited loan purpose was Home Purchase, with 1,738 originations. The 2nd most popular reason was Refi, with 381 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 693 $219,665,000 $316,977
    4-5% 629 $221,105,000 $351,518
    5-6% 561 $123,475,000 $220,098
    2.5-3% 233 $56,905,000 $244,227
    6-7% 209 $43,725,000 $209,211
    <2.5% 119 $22,325,000 $187,605
    Over 8% 70 $5,710,000 $81,571
    7-8% 65 $11,125,000 $171,154

    During 2022, Morgantown's most frequently originated rate bucket was 3-4%, with 693 originations.

    Loan Sizing (MORGANTOWN, WV MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 1,040 $288,210,000 $277,125
    $100k-200k 862 $129,400,000 $150,116
    $100,000 or less 488 $31,270,000 $64,078
    $400k-600k 229 $109,525,000 $478,275
    $600k-1000k 69 $49,935,000 $723,696
    $Over $1MM 43 $161,885,000 $3,764,767

    MORGANTOWN's loan sizing saw the bucket of loans from $200k-400k with 1,040 originations, totaling $288,210,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 1,178 $331,460,000 $281,375
    60-80% 668 $187,590,000 $280,823
    40-60% 270 $119,180,000 $441,407
    20-40% 254 $47,000,000 $185,039
    Under 20% 174 $9,630,000 $55,345
    Over 100% 20 $6,380,000 $319,000

    MORGANTOWN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,178 originations, totaling $331,460,000 in origination value.