Mount Sterling Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Mount Sterling averaged 6.64% for the week of 2024-03-21, compared to the national average of 6.87% for the same period.

The average rate for the prior week (2024-03-14) was 6.61% and one month ago for the week of 2024-02-15, the average rate was 6.74%.

Mount Sterling's average rate one year ago was 6.17%.

For refis of the same type during the week of 2024-03-21, the average rate was 7.07%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-03-21 6.87%
Mount Sterling 30 Year Fixed Rate 2024-03-21 6.64%
Mount Sterling 30 Year Fixed Rate Refi 2024-03-21 7.07%
Mount Sterling 15 Year Fixed Rate 2024-03-21 6.01%
Mount Sterling 15 Year Fixed Rate Refi 2024-03-21 6.71%
Mount Sterling 30 Year FHA 2024-03-21 6.26%
Mount Sterling 30 Year FHA Refi 2024-03-21 6.7%
Mount Sterling 30 Year USDA 2024-03-21 6.08%
Mount Sterling 30 Year USDA Refi 2024-03-21 6.67%
Mount Sterling 30 Year VA 2024-03-21 6.54%
Mount Sterling 30 Year VA Refi 2024-03-21 6.54%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mount Sterling, KY.

Mount Sterling 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 Mount Sterling, KY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Traditional Bank, Inc. 56 4.24% $1,733
QUICKEN LOANS, LLC 27 5.47% $5,829
Republic State Mortgage Co. 21 4.74% $3,937
FINANCE OF AMERICA MORTGAGE LLC 16 4.89% $4,571
Community Trust Bank, Inc. 14 5.03% $1,947
Peoples Exchange Bank 14 4.07% $2,428
GENEVA FINANCIAL, LLC 8 5.06% $4,487
Farm Credit Mid-America, ACA 7 4.84% $6,731
ARK-LA-TEX FINANCIAL SERVICES, LLC. 7 5.87% $5,162
U.S. Bank 6 5.46% $3,622
STOCKTON MORTGAGE CORPORATION 5 4.78% $3,735
MOVEMENT MORTGAGE, LLC 4 4.81% $5,350
Guardian Savings Bank, A Federal Savings Bank 4 3.50% $1,352
AMERISAVE MORTGAGE CORPORATION 4 4.88% $5,921
Stock Yards Bank & Trust Company 4 5.41% $2,847
CRESCENT MORTGAGE COMPANY 4 3.47% $3,326
Central Bank 4 4.34% $2,414
UNITED WHOLESALE MORTGAGE, LLC 3 5.50% $6,378
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.45% $3,046
Flagstar Bank, FSB 3 4.86% $4,019
PNC Bank 3 5.92% $4,228
Bank of England 3 6.83% $4,315
Republic Bank & Trust Company 3 4.58% $7,178
HOME POINT FINANCIAL CORPORATION 3 5.20% $6,446
Whitaker Bank 3 5.92% $1,851
LOANDEPOT.COM, LLC 3 5.66% $3,406
MEMBERS HERITAGE Credit Union 3 5.33% $4,711
Mortgage Research Center, LLC 3 5.71% $2,111
ENVOY MORTGAGE, LTD 2 4.19% $4,262
Prosperity Home Mortgage, LLC 2 6.06% $2,947
Platinum Home Mortgage Corporation 2 6.25% $8,003
HANCOCK MORTGAGE PARTNERS, LLC 2 5.25% $5,730
Wells Fargo Bank 2 4.94% $4,286
DAS Acquisition Company, LLC 2 5.56% $5,309
EVERETT FINANCIAL, INC. 2 5.44% $1,660
COMMONWEALTH 2 3.56% $2,564
Hometown Lenders, Inc. 2 4.44% $4,538
Carrington Mortgage Services, LLC 2 4.13% $3,072
JPMorgan Chase Bank 2 3.69% $1,866
Fifth Third Bank 2 4.35% $3,467
CROSSCOUNTRY MORTGAGE, LLC 2 5.75% $7,657
GoPrime Mortgage, Inc. 2 5.06% $6,262
City National Bank of West Virginia 2 3.95% $3,892
THRIVE MORTGAGE, LLC 2 5.25% $4,818
FREEDOM MORTGAGE CORPORATION 2 4.63% $3,369
UNION HOME MORTGAGE CORP. 2 6.38% $5,007
ZILLOW HOME LOANS, LLC 1 5.63% $3,728
AmeriHome Mortgage Company, LLC 1 4.50% $3,968
BROKER SOLUTIONS, INC. 1 6.99% $7,802
CALIBER HOME LOANS, INC. 1 5.99% $4,915
Cincinnati Federal 1 3.25% $2,666
DRAPER AND KRAMER MORTGAGE CORP. 1 5.13% $2,818
EVANSVILLE TEACHERS 1 6.25% $2,900
First Guaranty Mortgage Corporation 1 5.38% $3,135
First Option Mortgage, LLC 1 6.75% $5,764
Forcht Bank 1 3.25% $1,690
GUARANTY HOME MORTGAGE CORPORATION 1 3.88% $2,610
HOMESIDE FINANCIAL, LLC 1 5.49% $10,779
Independence Bank of Kentucky 1 5.25% $1,761
KELLER MORTGAGE, LLC 1 5.63% $8,483
LAND HOME FINANCIAL SERVICES, INC. 1 6.13% $11,432
L & N Federal Credit Union 1 6.00% $1,612
MORTGAGE ACCESS CORP. 1 5.49% $7,215
MORTGAGE SUPPLIERS, INC. 1 5.25% $4,202
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $3,614
MYCUMORTGAGE, LLC 1 3.88% $2,202
NAVY FEDERAL CREDIT UNION 1 3.88% $2,355
NEWREZ LLC 1 5.99% $4,890
Northpointe Bank 1 5.88% $4,881
PARK COMMUNITY CREDIT UNION, INC. 1 6.88% $2,521
Peoples Bank 1 7.88% $1,938
PHH Mortgage Corporation 1 6.13% $4,453
PLANET HOME LENDING, LLC 1 4.50% $1,664
Renasant Bank 1 3.25% $2,398
RUOFF MORTGAGE COMPANY, INC. 1 6.88% $2,951
SOUTHWEST FUNDING, LP 1 7.13% $5,527
The Citizens National Bank of Somerset 1 6.38% $1,220
The Federal Savings Bank 1 5.50% $6,297
VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.25% $5,928
Waterstone Mortgage Corporation 1 7.25% $4,666
WesBanco 1 4.88% $6,595
Wyndham Capital Mortgage, Inc. 1 5.38% $5,397
21ST MORTGAGE CORPORATION 1 7.90% $4,105

Mount Sterling Average Closing Costs & Other Stats

Mount Sterling, KY's 83 lenders originated 1,074 loans during 2022. The total origination value was $160,630,000, with an average loan value of $149,562.

Mount Sterling's average closing costs are $4,156.

The top Mount Sterling lender as defined by loan originations is Traditional Bank, Inc., with 56 loans originated. Their average total fees are $1,733, which is $4,096 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Mount Sterling lenders (with over 10 loans originated) are Traditional Bank, Inc. ($1,733), Community Trust Bank, Inc. ($1,947), Peoples Exchange Bank ($2,428), Republic State Mortgage Co. ($3,937) and FINANCE OF AMERICA MORTGAGE LLC ($4,571).

The lowest rate Mount Sterling lenders (with over 10 loans originated) are Peoples Exchange Bank (4.07%), Traditional Bank, Inc. (4.24%), Republic State Mortgage Co. (4.74%), FINANCE OF AMERICA MORTGAGE LLC (4.89%) and Community Trust Bank, Inc. (5.03%).

Mount Sterling, KY Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Traditional Bank, Inc. $14,400,000 $22,130,000 53.7% 13.8%
Republic State Mortgage Co. $12,145,000 $10,070,000 -17.1% 6.3%
QUICKEN LOANS, LLC $17,495,000 $9,830,000 -43.8% 6.1%
FINANCE OF AMERICA MORTGAGE LLC $4,470,000 $6,975,000 56.0% 4.3%
Community Trust Bank, Inc. $13,455,000 $6,160,000 -54.2% 3.8%
Whitaker Bank $5,405,000 $5,320,000 -1.6% 3.3%
Peoples Exchange Bank $6,845,000 $4,950,000 -27.7% 3.1%
GENEVA FINANCIAL, LLC $1,480,000 $4,940,000 233.8% 3.1%
Mortgage Research Center, LLC $2,900,000 $4,925,000 69.8% 3.1%
STOCKTON MORTGAGE CORPORATION $6,510,000 $4,305,000 -33.9% 2.7%
Stock Yards Bank & Trust Company $1,695,000 $3,785,000 123.3% 2.4%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $3,445,000 $3,215,000 -6.7% 2.0%
U.S. Bank $2,750,000 $2,785,000 1.3% 1.7%
Farm Credit Mid-America, ACA $3,545,000 $2,660,000 -25.0% 1.7%
MORTGAGE SUPPLIERS, INC. $4,015,000 $2,480,000 -38.2% 1.5%
First Grayson Bancorp Inc. $2,085,000 $1,980,000 -5.0% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $1,800,000 $1,930,000 7.2% 1.2%
UNIVERSITY OF KENTUCKY $795,000 $1,755,000 120.8% 1.1%
LOANDEPOT.COM, LLC $2,065,000 $1,690,000 -18.2% 1.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,025,000 $1,600,000 -21.0% 1.0%
AMERISAVE MORTGAGE CORPORATION $1,375,000 $1,580,000 14.9% 1.0%
Central Bank & Trust Company $1,625,000 $1,540,000 -5.2% 1.0%
FREEDOM MORTGAGE CORPORATION $4,450,000 $1,395,000 -68.7% 0.9%
GoPrime Mortgage, Inc. $1,080,000 $1,340,000 24.1% 0.8%
Bank of England $950,000 $1,250,000 31.6% 0.8%
CRESCENT MORTGAGE COMPANY $3,345,000 $1,210,000 -63.8% 0.8%
MOVEMENT MORTGAGE, LLC $745,000 $1,190,000 59.7% 0.7%
COMMONWEALTH $1,370,000 $1,175,000 -14.2% 0.7%
DAS Acquisition Company, LLC $1,040,000 $1,170,000 12.5% 0.7%
PENNYMAC LOAN SERVICES, LLC $2,240,000 $1,100,000 -50.9% 0.7%
Century Mortgage Company DBA Century Lending Company $1,040,000 n/a 0.6%
21ST MORTGAGE CORPORATION $1,045,000 $1,035,000 -1.0% 0.6%
Hometown Lenders, Inc. $1,595,000 $1,035,000 -35.1% 0.6%
City National Bank of West Virginia $2,930,000 $1,015,000 -65.4% 0.6%
GUARANTEED RATE, INC. $225,000 $980,000 335.6% 0.6%
Northpointe Bank $865,000 $970,000 12.1% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,495,000 $965,000 -61.3% 0.6%
PNC Bank $675,000 $945,000 40.0% 0.6%
GUARANTY HOME MORTGAGE CORPORATION $515,000 $875,000 69.9% 0.5%
EVERETT FINANCIAL, INC. $870,000 n/a 0.5%
MEMBERS HERITAGE Credit Union $1,010,000 $825,000 -18.3% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,820,000 $805,000 -55.8% 0.5%
BROKER SOLUTIONS, INC. $795,000 $790,000 -0.6% 0.5%
NEWREZ LLC $655,000 $765,000 16.8% 0.5%
Prosperity Home Mortgage, LLC $175,000 $760,000 334.3% 0.5%
JPMorgan Chase Bank $1,080,000 $735,000 -31.9% 0.5%
HOMESIDE FINANCIAL, LLC $555,000 $715,000 28.8% 0.4%
Flagstar Bank, FSB $440,000 $710,000 61.4% 0.4%
HANCOCK MORTGAGE PARTNERS, LLC $585,000 $710,000 21.4% 0.4%
HOME POINT FINANCIAL CORPORATION $1,145,000 $700,000 -38.9% 0.4%
Fifth Third Bank $1,470,000 $695,000 -52.7% 0.4%
Guardian Savings Bank, A Federal Savings Bank $1,555,000 $685,000 -55.9% 0.4%
Carrington Mortgage Services, LLC $905,000 $670,000 -26.0% 0.4%
USAA Federal Savings Bank $665,000 n/a 0.4%
NAVY FEDERAL CREDIT UNION $765,000 $655,000 -14.4% 0.4%
UNION HOME MORTGAGE CORP. $530,000 $610,000 15.1% 0.4%
FIELD & MAIN BANK, INC. $115,000 $585,000 408.7% 0.4%
EVANSVILLE TEACHERS $440,000 $575,000 30.7% 0.4%
ENVOY MORTGAGE, LTD $4,010,000 $570,000 -85.8% 0.4%
Barrington Bank & Trust Company, N.A. $215,000 $530,000 146.5% 0.3%
AMERICAN MORTGAGE SERVICE COMPANY $540,000 $515,000 -4.6% 0.3%
The Federal Savings Bank $505,000 n/a 0.3%
THRIVE MORTGAGE, LLC $785,000 $505,000 -35.7% 0.3%
SOVEREIGN LENDING GROUP INCORPORATED $285,000 $490,000 71.9% 0.3%
CALIBER HOME LOANS, INC. $895,000 $475,000 -46.9% 0.3%
WesBanco Bank, Inc. $400,000 $455,000 13.8% 0.3%
LAND HOME FINANCIAL SERVICES, INC. $445,000 n/a 0.3%
First Option Mortgage, LLC $435,000 n/a 0.3%
Mr. Cooper ( Nationstar Mortgage ) $1,685,000 $435,000 -74.2% 0.3%
Peoples Bank $135,000 $415,000 207.4% 0.3%
NEW DAY FINANCIAL, LLC $595,000 $405,000 -31.9% 0.3%
Republic Bank & Trust Company $1,300,000 $395,000 -69.6% 0.2%
First Federal Bank of the Midwest $175,000 $355,000 102.9% 0.2%
SWBC MORTGAGE CORPORATION $135,000 $350,000 159.3% 0.2%
Wells Fargo Bank $3,585,000 $350,000 -90.2% 0.2%
MID AMERICA MORTGAGE, INC. $495,000 $340,000 -31.3% 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $430,000 $340,000 -20.9% 0.2%
The Commercial Bank of Grayson $330,000 n/a 0.2%
KELLER MORTGAGE, LLC $315,000 n/a 0.2%
RUOFF MORTGAGE COMPANY, INC. $125,000 $310,000 148.0% 0.2%
SOUTHWEST FUNDING, LP $290,000 n/a 0.2%
Citizens Bank $935,000 $280,000 -70.1% 0.2%
Truist $1,110,000 $270,000 -75.7% 0.2%
AMERICAN FINANCING CORPORATION $430,000 $265,000 -38.4% 0.2%
Platinum Home Mortgage Corporation $260,000 n/a 0.2%
SFMC, LP $255,000 n/a 0.2%
First Guaranty Mortgage Corporation $245,000 n/a 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $895,000 $240,000 -73.2% 0.1%
MYCUMORTGAGE, LLC $240,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $225,000 n/a 0.1%
The Citizens National Bank of Somerset $225,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $105,000 $225,000 114.3% 0.1%
Old National Bank $430,000 $215,000 -50.0% 0.1%
Forcht Bank $165,000 $185,000 12.1% 0.1%
MORTGAGE ACCESS CORP. $285,000 $185,000 -35.1% 0.1%
Wyndham Capital Mortgage, Inc. $185,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,005,000 $180,000 -82.1% 0.1%
Equity Prime Mortgage LLC $175,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $415,000 $175,000 -57.8% 0.1%
PLANET HOME LENDING, LLC $605,000 $170,000 -71.9% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $575,000 $160,000 -72.2% 0.1%
L & N Federal Credit Union $155,000 $155,000 0.0% 0.1%
Renasant Bank $425,000 $155,000 -63.5% 0.1%
PARK COMMUNITY CREDIT UNION, INC. $1,490,000 $150,000 -89.9% 0.1%
ROYAL UNITED MORTGAGE LLC $360,000 $150,000 -58.3% 0.1%
Discover Bank $140,000 n/a 0.1%
DELTA COMMUNITY CREDIT UNION $135,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $455,000 $125,000 -72.5% 0.1%
Citizens Bank of Kentucky, Inc. $125,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $125,000 n/a 0.1%
NATIONS RELIABLE LENDING, LLC $125,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $115,000 n/a 0.1%
Waterstone Mortgage Corporation $115,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $280,000 $105,000 -62.5% 0.1%
Nations Lending Corporation $430,000 $105,000 -75.6% 0.1%
PHH Mortgage Corporation $160,000 $105,000 -34.4% 0.1%
West Point Bank $105,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $220,000 $95,000 -56.8% 0.1%
Arvest Bank $85,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $85,000 n/a 0.1%
Regions Bank $85,000 n/a 0.1%
SPRING EQ, LLC $225,000 $80,000 -64.4% 0.0%
Cincinnati Federal $75,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $270,000 $70,000 -74.1% 0.0%
The Huntington National Bank $140,000 $55,000 -60.7% 0.0%
PARTNERS 1ST Federal Credit Union $165,000 $50,000 -69.7% 0.0%
Independence Bank of Kentucky $35,000 n/a 0.0%
First Southern National Bank $25,000 n/a 0.0%

Mount Sterling's top lender by overall market share is Traditional Bank, Inc., with 13.8% market share. In second place, with 6.3%, is Republic State Mortgage Co., having originated $10,070,000 in loans. In third place, with 6.1%, is QUICKEN LOANS, LLC, having originated $9,830,000 in loans. In fourth place, with 4.3%, is FINANCE OF AMERICA MORTGAGE LLC, having originated $6,975,000 in loans. In fifth place, with 3.8%, is Community Trust Bank, Inc., having originated $6,160,000 in loans.


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

Realtor.com - Mount Sterling (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 $125,700 (-6.9%) $153,493 (-5.3%) 0.00 148
2018-02-01 $124,425 (-5.0%) $149,318 (-7.0%) 0.00 144
2018-03-01 $124,900 (-7.7%) $147,516 (-8.4%) 0.00 150
2018-04-01 $132,250 (-4.7%) $154,668 (-7.4%) 0.00 146
2018-05-01 $142,449 (3.3%) $158,037 (-5.8%) 0.00 141
2018-06-01 $149,000 (14.8%) $160,215 (-0.5%) 0.00 151
2018-07-01 $148,500 (18.9%) $166,408 (9.6%) 0.00 161
2018-08-01 $149,800 (23.9%) $171,573 (15.5%) 0.00 149
2018-09-01 $149,900 (24.9%) $172,147 (14.2%) 0.00 155
2018-10-01 $149,900 (20.0%) $168,094 (9.1%) 0.00 158
2018-11-01 $148,500 (12.9%) $171,059 (8.0%) 0.00 145
2018-12-01 $149,900 (18.0%) $172,199 (10.8%) 0.00 149
2019-01-01 $145,000 (15.4%) $168,584 (9.8%) 0.00 134
2019-02-01 $157,950 (26.9%) $176,586 (18.3%) 0.00 130
2019-03-01 $159,214 (27.5%) $184,772 (25.3%) 0.00 130
2019-04-01 $152,964 (15.7%) $185,386 (19.9%) 0.00 133
2019-05-01 $145,000 (1.8%) $185,438 (17.3%) 0.00 144
2019-06-01 $144,000 (-3.4%) $181,729 (13.4%) 0.00 147
2019-07-01 $144,500 (-2.7%) $179,006 (7.6%) 0.00 146
2019-08-01 $148,564 (-0.8%) $184,186 (7.4%) 0.00 140
2019-09-01 $146,559 (-2.2%) $179,382 (4.2%) 0.00 138
2019-10-01 $147,673 (-1.5%) $177,007 (5.3%) 0.00 137
2019-11-01 $152,500 (2.7%) $176,821 (3.4%) 0.00 124
2019-12-01 $146,750 (-2.1%) $171,738 (-0.3%) 0.00 112
2020-01-01 $149,700 (3.2%) $177,367 (5.2%) 0.00 107
2020-02-01 $152,450 (-3.5%) $181,015 (2.5%) 0.00 105
2020-03-01 $143,250 (-10.0%) $178,945 (-3.2%) 0.00 108
2020-04-01 $146,175 (-4.4%) $184,298 (-0.6%) 0.00 98
2020-05-01 $140,450 (-3.1%) $188,682 (1.8%) 0.00 79
2020-06-01 $151,850 (5.5%) $202,494 (11.4%) 0.00 74
2020-07-01 $143,450 (-0.7%) $196,947 (10.0%) 0.00 74
2020-08-01 $149,900 (0.9%) $211,987 (15.1%) 0.00 67
2020-09-01 $167,000 (14.0%) $223,630 (24.7%) 0.00 76
2020-10-01 $176,000 (19.2%) $236,026 (33.3%) 0.00 72
2020-11-01 $181,250 (18.9%) $238,689 (35.0%) 0.00 61
2020-12-01 $197,750 (34.8%) $244,205 (42.2%) 0.00 47
2021-01-01 $204,950 (36.9%) $263,090 (48.3%) 0.00 46
2021-02-01 $189,950 (24.6%) $273,257 (51.0%) 0.00 44
2021-03-01 $198,225 (38.4%) $273,991 (53.1%) 0.00 40
2021-04-01 $190,000 (30.0%) $265,706 (44.2%) 0.00 37
2021-05-01 $177,000 (26.0%) $278,833 (47.8%) 0.00 34
2021-06-01 $182,425 (20.1%) $279,407 (38.0%) 0.00 38
2021-07-01 $202,450 (41.1%) $286,019 (45.2%) 0.00 47
2021-08-01 $227,225 (51.6%) $278,313 (31.3%) 0.00 55
2021-09-01 $207,250 (24.1%) $255,661 (14.3%) 0.00 68
2021-10-01 $196,500 (11.7%) $246,172 (4.3%) 0.00 69
2021-11-01 $223,500 (23.3%) $262,329 (9.9%) 0.00 70
2021-12-01 $224,725 (13.6%) $260,020 (6.5%) 0.00 63
2022-01-01 $207,250 (1.1%) $246,776 (-6.2%) 0.00 53
2022-02-01 $215,475 (13.4%) $244,137 (-10.7%) 0.00 38
2022-03-01 $232,500 (17.3%) $252,248 (-7.9%) 0.00 39
2022-04-01 $222,500 (17.1%) $247,896 (-6.7%) 0.00 51
2022-05-01 $227,450 (28.5%) $243,157 (-12.8%) 0.00 64
2022-06-01 $224,975 (23.3%) $263,545 (-5.7%) 0.00 76
2022-07-01 $219,000 (8.2%) $261,455 (-8.6%) 0.00 91
2022-08-01 $225,000 (-1.0%) $293,352 (5.4%) 0.00 93
2022-09-01 $226,225 (9.2%) $292,795 (14.5%) 0.00 93
2022-10-01 $230,000 (17.1%) $293,620 (19.3%) 0.00 89
2022-11-01 $213,350 (-4.5%) $299,073 (14.0%) 0.00 86
2022-12-01 $220,000 (-2.1%) $299,107 (15.0%) 0.00 81
2023-01-01 $224,750 (8.4%) $307,006 (24.4%) 0.00 82
2023-02-01 $236,000 (9.5%) $319,307 (30.8%) 0.00 73
2023-03-01 $249,500 (7.3%) $366,582 (45.3%) 0.00 58
2023-04-01 $249,700 (12.2%) $352,320 (42.1%) 0.00 62
2023-05-01 $249,500 (9.7%) $332,625 (36.8%) 0.00 68
2023-06-01 $240,225 (6.8%) $320,394 (21.6%) 0.00 69
2023-07-01 $214,900 (-1.9%) $311,530 (19.2%) 0.00 75
2023-08-01 $204,950 (-8.9%) $293,654 (0.1%) 0.00 92
2023-09-01 $217,450 (-3.9%) $277,098 (-5.4%) 0.00 93
2023-10-01 $240,225 (4.5%) $283,765 (-3.4%) 0.00 111
2023-11-01 $235,000 (10.2%) $284,214 (-5.0%) 0.00 121
2023-12-01 $237,000 (7.7%) $283,968 (-5.1%) 0.00 119
2024-01-01 $243,700 (8.4%) $289,423 (-5.7%) 0.00 103
2024-02-01 $245,000 (3.8%) $295,226 (-7.5%) 0.00 110
Mount Sterling's median listing price for 2024-02-01 was $245,000, a difference of $9,000 (3.8%) versus the prior year and $1,300 versus the prior month.

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

Mount Sterling's average listing price for 2024-02-01 was $295,226, a difference of $-24,081 (-7.5%) versus the prior year and $5,803 versus the prior month.

For the 2024-02-01 period, Mount Sterling had 110 MLS listings, a difference of 7 listings (7%) versus the prior month and 37 listings (51%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Mount Sterling (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,463 sqft
2018-02-01 0 days 1,501 sqft
2018-03-01 0 days 1,560 sqft
2018-04-01 0 days 1,596 sqft
2018-05-01 0 days 1,600 sqft
2018-06-01 0 days 1,600 sqft
2018-07-01 0 days 1,627 sqft
2018-08-01 0 days 1,720 sqft
2018-09-01 0 days 1,674 sqft
2018-10-01 0 days 1,614 sqft
2018-11-01 0 days 1,592 sqft
2018-12-01 0 days 1,586 sqft
2019-01-01 0 days 1,620 sqft
2019-02-01 0 days 1,680 sqft
2019-03-01 0 days 1,680 sqft
2019-04-01 0 days 1,680 sqft
2019-05-01 0 days 1,680 sqft
2019-06-01 0 days 1,650 sqft
2019-07-01 0 days 1,607 sqft
2019-08-01 0 days 1,636 sqft
2019-09-01 0 days 1,616 sqft
2019-10-01 0 days 1,602 sqft
2019-11-01 0 days 1,600 sqft
2019-12-01 0 days 1,646 sqft
2020-01-01 0 days 1,605 sqft
2020-02-01 0 days 1,670 sqft
2020-03-01 0 days 1,626 sqft
2020-04-01 0 days 1,584 sqft
2020-05-01 0 days 1,680 sqft
2020-06-01 0 days 1,678 sqft
2020-07-01 0 days 1,628 sqft
2020-08-01 0 days 1,633 sqft
2020-09-01 0 days 1,664 sqft
2020-10-01 0 days 1,738 sqft
2020-11-01 0 days 1,744 sqft
2020-12-01 0 days 1,779 sqft
2021-01-01 0 days 1,900 sqft
2021-02-01 0 days 1,692 sqft
2021-03-01 0 days 1,733 sqft
2021-04-01 0 days 1,633 sqft
2021-05-01 0 days 1,600 sqft
2021-06-01 0 days 1,684 sqft
2021-07-01 0 days 1,756 sqft
2021-08-01 0 days 1,825 sqft
2021-09-01 0 days 1,777 sqft
2021-10-01 0 days 1,594 sqft
2021-11-01 0 days 1,841 sqft
2021-12-01 0 days 1,792 sqft
2022-01-01 0 days 1,655 sqft
2022-02-01 0 days 1,658 sqft
2022-03-01 0 days 1,827 sqft
2022-04-01 0 days 1,687 sqft
2022-05-01 0 days 1,769 sqft
2022-06-01 0 days 1,624 sqft
2022-07-01 0 days 1,560 sqft
2022-08-01 0 days 1,620 sqft
2022-09-01 0 days 1,713 sqft
2022-10-01 0 days 1,701 sqft
2022-11-01 0 days 1,677 sqft
2022-12-01 0 days 1,680 sqft
2023-01-01 0 days 1,770 sqft
2023-02-01 0 days 1,710 sqft
2023-03-01 0 days 1,690 sqft
2023-04-01 0 days 1,822 sqft
2023-05-01 0 days 1,780 sqft
2023-06-01 0 days 1,709 sqft
2023-07-01 0 days 1,560 sqft
2023-08-01 0 days 1,493 sqft
2023-09-01 0 days 1,500 sqft
2023-10-01 0 days 1,533 sqft
2023-11-01 0 days 1,521 sqft
2023-12-01 0 days 1,533 sqft
2024-01-01 0 days 1,536 sqft
2024-02-01 0 days 1,495 sqft
Mount Sterling's median listing age (time on market) for 2024-02-01 was 0 days.

Mount Sterling's median square footage for active listings during the 2024-02-01 period was 1,495 sqft. One year prior, the average listing was 1,710 sqft.

Mount Sterling, KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 607 $105,485,000 $173,781
Refi 206 $29,180,000 $141,650
Cash Out Refi 102 $14,890,000 $145,980
Home Improvement 90 $5,530,000 $61,444
Other 69 $5,545,000 $80,362

Mount Sterling's most frequently cited loan purpose was Home Purchase, with 607 originations. The 2nd most popular reason was Refi, with 206 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 258 $42,110,000 $163,217
3-4% 230 $38,090,000 $165,609
4-5% 222 $32,150,000 $144,820
6-7% 133 $18,465,000 $138,835
2.5-3% 66 $10,950,000 $165,909
7-8% 50 $5,500,000 $110,000
Over 8% 22 $1,730,000 $78,636
<2.5% 16 $1,720,000 $107,500

During 2022, Mount Sterling's most frequently originated rate bucket was 5-6%, with 258 originations.

Loan Sizing (Mount Sterling, KY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 469 $68,465,000 $145,981
$100,000 or less 377 $21,705,000 $57,573
$200k-400k 200 $51,650,000 $258,250
$400k-600k 22 $10,360,000 $470,909
$600k-1000k 3 $2,165,000 $721,667
$Over $1MM 3 $6,285,000 $2,095,000

Mount Sterling's loan sizing saw the bucket of loans from $100k-200k with 469 originations, totaling $68,465,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 453 $85,775,000 $189,349
60-80% 228 $37,530,000 $164,605
40-60% 99 $11,385,000 $115,000
20-40% 97 $7,615,000 $78,505
Under 20% 94 $3,060,000 $32,553
Over 100% 19 $4,445,000 $233,947

Mount Sterling's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 453 originations, totaling $85,775,000 in origination value.