Mount Sterling 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 Mount Sterling averaged 7.02% for the week of 2024-12-26, compared to the national average of 6.85% for the same period.

    The average rate for the prior week (2024-12-19) was 6.59% and one month ago for the week of 2024-11-21, the average rate was 7.01%.

    Mount Sterling's average rate one year ago was 6.64%.

    For refis of the same type during the week of 2024-12-26, the average rate was 6.85%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-26 6.85%
    Mount Sterling 30 Year Fixed Rate 2024-12-26 7.02%
    Mount Sterling 30 Year Fixed Rate Refi 2024-12-26 6.85%
    Mount Sterling 15 Year Fixed Rate 2024-12-26 5.9%
    Mount Sterling 15 Year Fixed Rate Refi 2024-12-26 6.6%
    Mount Sterling 30 Year FHA 2024-12-26 -0.01%
    Mount Sterling 30 Year FHA Refi 2024-12-26 -0.2%
    Mount Sterling 30 Year USDA 2024-12-26 0.1%
    Mount Sterling 30 Year USDA Refi 2024-12-26 -0.2%
    Mount Sterling 30 Year VA 2024-12-26 0.2%
    Mount Sterling 30 Year VA Refi 2024-12-26 -0.1%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Traditional Bank, Inc. 37 6.62% $2,785
    Republic State Mortgage Co. 19 6.57% $5,131
    QUICKEN LOANS, LLC 19 6.75% $5,364
    Community Trust Bank, Inc. 13 6.42% $1,919
    Stock Yards Bank & Trust Company 8 6.83% $2,985
    Peoples Exchange Bank 7 6.57% $2,570
    UNION HOME MORTGAGE CORP. 7 7.16% $6,237
    City National Bank of West Virginia 5 6.26% $2,124
    GENEVA FINANCIAL, LLC 5 6.48% $5,599
    Farm Credit Mid-America, ACA 5 7.20% $6,878
    Whitaker Bank 5 6.13% $2,176
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 7.22% $4,236
    JPMorgan Chase Bank 4 6.72% $5,263
    VANDERBILT MORTGAGE AND FINANCE, INC. 4 8.18% $5,537
    STOCKTON MORTGAGE CORPORATION 3 7.42% $5,439
    COMMONWEALTH 3 6.29% $2,590
    Central Bank 3 7.21% $3,042
    UNITED WHOLESALE MORTGAGE, LLC 3 6.25% $6,553
    Bank of England 3 6.79% $4,706
    Guardian Savings Bank, A Federal Savings Bank 2 6.56% $1,076
    HOMESIDE FINANCIAL, LLC 2 6.69% $5,595
    PENNYMAC LOAN SERVICES, LLC 2 6.56% $3,529
    PNC Bank 2 6.31% $3,789
    RUOFF MORTGAGE COMPANY, INC. 2 7.13% $3,396
    U.S. Bank 2 6.56% $6,866
    Fifth Third Bank 2 6.69% $3,311
    PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.50% $2,793
    Prosperity Home Mortgage, LLC 1 7.13% $3,112
    RELIANCE FIRST CAPITAL, LLC 1 7.38% $8,561
    ROYAL UNITED MORTGAGE LLC 1 7.38% $6,887
    SOUTH CENTRAL BANK, INC. 1 6.38% $2,318
    Third Federal Savings and Loan Association of Cleveland 1 6.39% $875
    Truist 1 6.60% $3,171
    UBS Bank USA 1 5.88% $3,266
    USAA Federal Savings Bank 1 7.13% $2,678
    Abound Federal Credit Union 1 6.00% $2,203
    ZILLOW HOME LOANS, LLC 1 8.38% $3,620
    AmeriHome Mortgage Company, LLC 1 5.88% $6,348
    AMERISAVE MORTGAGE CORPORATION 1 7.25% $9,558
    BROKER SOLUTIONS, INC. 1 8.63% $4,211
    CARDINAL FINANCIAL 1 6.13% $4,504
    Citizens Bank 1 6.88% $6,883
    CMG MORTGAGE, INC. 1 7.13% $8,328
    CROSSCOUNTRY MORTGAGE, LLC 1 8.58% $5,698
    DAS Acquisition Company, LLC 1 6.50% $5,529
    EVANSVILLE TEACHERS 1 6.38% $7,796
    First Financial Bank 1 5.88% $7,615
    Flagstar Bank, FSB 1 6.63% $2,749
    FLAT BRANCH MORTGAGE, INC. 1 8.63% $2,905
    GENERAL ELECTRIC CREDIT UNION 1 6.38% $4,249
    GoPrime Mortgage, Inc. 1 7.63% $4,533
    GUARANTEED RATE AFFINITY, LLC 1 6.88% $4,669
    GUARANTEED RATE, INC. 1 7.88% $4,080
    MEMBERS HERITAGE Credit Union 1 6.75% $3,935
    MORTGAGE INVESTORS GROUP, INC. 1 6.88% $2,940
    Mortgage Research Center, LLC 1 5.99% $5,828
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.50% $3,167
    MOVEMENT MORTGAGE, LLC 1 6.50% $3,949
    Mr. Cooper ( Nationstar Mortgage ) 1 6.63% $6,087
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.13% $5,809
    NEWREZ LLC 1 7.50% $4,958
    Northpointe Bank 1 6.75% $4,178
    PARK COMMUNITY CREDIT UNION, INC. 1 6.75% $2,967

    Mount Sterling Average Closing Costs & Other Stats

    Mount Sterling, KY's 63 lenders originated 831 loans during 2023. The total origination value was $115,645,000, with an average loan value of $139,164.

    Mount Sterling's average closing costs are $4,390.

    The top Mount Sterling lender as defined by loan originations is Traditional Bank, Inc., with 37 loans originated. Their average total fees are $2,785, which is $2,346 lower than the next largest lender, Republic State Mortgage Co..

    The lowest fee Mount Sterling lenders (with over 10 loans originated) are Community Trust Bank, Inc. ($1,919), Traditional Bank, Inc. ($2,785), Republic State Mortgage Co. ($5,131), QUICKEN LOANS, LLC ($5,364) and .

    The lowest rate Mount Sterling lenders (with over 10 loans originated) are Community Trust Bank, Inc. (6.42%), Republic State Mortgage Co. (6.57%), Traditional Bank, Inc. (6.62%), QUICKEN LOANS, LLC (6.75%) and .

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Traditional Bank, Inc. $22,130,000 $14,375,000 -35.0% 12.4%
    Republic State Mortgage Co. $10,070,000 $8,740,000 -13.2% 7.6%
    Community Trust Bank, Inc. $6,160,000 $7,025,000 14.0% 6.1%
    QUICKEN LOANS, LLC $9,830,000 $6,750,000 -31.3% 5.8%
    UNION HOME MORTGAGE CORP. $610,000 $5,965,000 877.9% 5.2%
    Mortgage Research Center, LLC $4,925,000 $4,665,000 -5.3% 4.0%
    Whitaker Bank $5,320,000 $3,785,000 -28.9% 3.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,600,000 $3,680,000 130.0% 3.2%
    Peoples Exchange Bank $4,950,000 $2,800,000 -43.4% 2.4%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $3,215,000 $2,715,000 -15.6% 2.3%
    GENEVA FINANCIAL, LLC $4,940,000 $2,450,000 -50.4% 2.1%
    Stock Yards Bank & Trust Company $3,785,000 $2,440,000 -35.5% 2.1%
    City National Bank of West Virginia $1,015,000 $2,395,000 136.0% 2.1%
    FIELD & MAIN BANK, INC. $585,000 $2,330,000 298.3% 2.0%
    STOCKTON MORTGAGE CORPORATION $4,305,000 $2,330,000 -45.9% 2.0%
    Farm Credit Mid-America, ACA $2,660,000 $2,080,000 -21.8% 1.8%
    UNITED WHOLESALE MORTGAGE, LLC $1,930,000 $1,565,000 -18.9% 1.4%
    Century Mortgage Company DBA Century Lending Company $1,040,000 $1,420,000 36.5% 1.2%
    COMMONWEALTH $1,175,000 $1,155,000 -1.7% 1.0%
    JPMorgan Chase Bank $735,000 $1,140,000 55.1% 1.0%
    NEWREZ LLC $765,000 $1,140,000 49.0% 1.0%
    Prosperity Home Mortgage, LLC $760,000 $1,095,000 44.1% 0.9%
    Bank of England $1,250,000 $1,090,000 -12.8% 0.9%
    HOMESIDE FINANCIAL, LLC $715,000 $1,000,000 39.9% 0.9%
    U.S. Bank $2,785,000 $1,000,000 -64.1% 0.9%
    PENNYMAC LOAN SERVICES, LLC $1,100,000 $865,000 -21.4% 0.7%
    PNC Bank $945,000 $840,000 -11.1% 0.7%
    SOUTH CENTRAL BANK, INC. $780,000 n/a 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $435,000 $770,000 77.0% 0.7%
    FREEDOM MORTGAGE CORPORATION $1,395,000 $750,000 -46.2% 0.6%
    CARDINAL FINANCIAL $240,000 $735,000 206.3% 0.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $70,000 $690,000 885.7% 0.6%
    First Grayson Bank $1,980,000 $635,000 -67.9% 0.5%
    GoPrime Mortgage, Inc. $1,340,000 $635,000 -52.6% 0.5%
    21ST MORTGAGE CORPORATION $1,035,000 $630,000 -39.1% 0.5%
    AMERISAVE MORTGAGE CORPORATION $1,580,000 $630,000 -60.1% 0.5%
    Guardian Savings Bank, A Federal Savings Bank $685,000 $620,000 -9.5% 0.5%
    NEW DAY FINANCIAL, LLC $405,000 $610,000 50.6% 0.5%
    Carrington Mortgage Services, LLC $670,000 $560,000 -16.4% 0.5%
    Central Bank $1,540,000 $530,000 -65.6% 0.5%
    DAS Acquisition Company, LLC $1,170,000 $525,000 -55.1% 0.5%
    Flagstar Bank, FSB $710,000 $525,000 -26.1% 0.5%
    MEMBERS HERITAGE Credit Union $825,000 $520,000 -37.0% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $805,000 $510,000 -36.6% 0.4%
    Northpointe Bank $970,000 $510,000 -47.4% 0.4%
    UNIVERSITY OF KENTUCKY $1,755,000 $495,000 -71.8% 0.4%
    EVERETT FINANCIAL, INC. $870,000 $490,000 -43.7% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $160,000 $475,000 196.9% 0.4%
    PARK COMMUNITY CREDIT UNION, INC. $150,000 $460,000 206.7% 0.4%
    USAA Federal Savings Bank $665,000 $445,000 -33.1% 0.4%
    POLARIS HOME FUNDING CORP. $435,000 n/a 0.4%
    GUARANTEED RATE, INC. $980,000 $415,000 -57.7% 0.4%
    SOVEREIGN LENDING GROUP INCORPORATED $490,000 $405,000 -17.3% 0.4%
    CMG MORTGAGE, INC. $395,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $655,000 $385,000 -41.2% 0.3%
    PROVIDENT FUNDING ASSOCIATES, L.P. $370,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $530,000 $355,000 -33.0% 0.3%
    Third Federal Savings and Loan Association of Cleveland $355,000 n/a 0.3%
    Equity Prime Mortgage LLC $175,000 $350,000 100.0% 0.3%
    Fifth Third Bank $695,000 $340,000 -51.1% 0.3%
    GUARANTEED RATE AFFINITY, LLC $225,000 $340,000 51.1% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $330,000 n/a 0.3%
    VILLAGE CAPITAL MORTGAGE $330,000 n/a 0.3%
    ROYAL UNITED MORTGAGE LLC $150,000 $320,000 113.3% 0.3%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $300,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $790,000 $300,000 -62.0% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $180,000 $300,000 66.7% 0.3%
    LOANDEPOT.COM, LLC $1,690,000 $285,000 -83.1% 0.2%
    EVANSVILLE TEACHERS $575,000 $275,000 -52.2% 0.2%
    Truist $270,000 $275,000 1.9% 0.2%
    MOVEMENT MORTGAGE, LLC $1,190,000 $245,000 -79.4% 0.2%
    SPRING EQ, LLC $80,000 $245,000 206.3% 0.2%
    UBS Bank USA $225,000 n/a 0.2%
    Citizens Bank $280,000 $220,000 -21.4% 0.2%
    SUCCESS MORTGAGE PARTNERS, INC. $200,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $965,000 $195,000 -79.8% 0.2%
    NBKC BANK $195,000 n/a 0.2%
    RELIANCE FIRST CAPITAL, LLC $175,000 $195,000 11.4% 0.2%
    First Financial Bank $185,000 n/a 0.2%
    KELLER MORTGAGE, LLC $315,000 $185,000 -41.3% 0.2%
    RUOFF MORTGAGE COMPANY, INC. $310,000 $170,000 -45.2% 0.1%
    ASHLAND Credit Union $160,000 n/a 0.1%
    Discover Bank $140,000 $160,000 14.3% 0.1%
    AmeriHome Mortgage Company, LLC $105,000 $145,000 38.1% 0.1%
    ENDEAVOR CAPITAL, LLC. $145,000 n/a 0.1%
    GENERAL ELECTRIC CREDIT UNION $145,000 n/a 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $145,000 n/a 0.1%
    Peoples Bank $415,000 $130,000 -68.7% 0.1%
    FINANCE OF AMERICA REVERSE LLC $125,000 n/a 0.1%
    FLAT BRANCH MORTGAGE, INC. $125,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $225,000 $125,000 -44.4% 0.1%
    FIRST OHIO HOME FINANCE, INC. $115,000 n/a 0.1%
    Bank of the Bluegrass & Trust Co. $105,000 n/a 0.1%
    Nations Lending Corporation $105,000 $105,000 0.0% 0.1%
    PLANET HOME LENDING, LLC $170,000 $105,000 -38.2% 0.1%
    The Union Bank Company $105,000 n/a 0.1%
    Wells Fargo Bank $350,000 $105,000 -70.0% 0.1%
    Abound Federal Credit Union $95,000 n/a 0.1%
    MORTGAGE INVESTORS GROUP, INC. $95,000 n/a 0.1%
    The Federal Savings Bank $505,000 $95,000 -81.2% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $85,000 n/a 0.1%
    The Huntington National Bank $55,000 $75,000 36.4% 0.1%
    FirstBank $65,000 n/a 0.1%
    STAR USA FEDERAL CREDIT UNION $55,000 n/a 0.0%
    WesBanco $455,000 $55,000 -87.9% 0.0%
    Bank of America $35,000 n/a 0.0%
    Coastal Community Bank $35,000 n/a 0.0%

    Mount Sterling's top lender by overall market share is Traditional Bank, Inc., with 12.4% market share. In second place, with 7.6%, is Republic State Mortgage Co., having originated $8,740,000 in loans. In third place, with 6.1%, is Community Trust Bank, Inc., having originated $7,025,000 in loans. In fourth place, with 5.8%, is QUICKEN LOANS, LLC, having originated $6,750,000 in loans. In fifth place, with 5.2%, is UNION HOME MORTGAGE CORP., having originated $5,965,000 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
    2024-03-01 $235,000 (-5.8%) $290,997 (-20.6%) 0.00 102
    2024-04-01 $243,675 (-2.4%) $296,606 (-15.8%) 0.00 99
    2024-05-01 $265,225 (6.3%) $329,716 (-0.9%) 0.00 107
    2024-06-01 $250,000 (4.1%) $317,828 (-0.8%) 0.00 109
    2024-07-01 $242,500 (12.8%) $306,910 (-1.5%) 0.00 133
    2024-08-01 $242,500 (18.3%) $315,608 (7.5%) 0.00 130
    2024-09-01 $239,900 (10.3%) $298,359 (7.7%) 0.00 145
    2024-10-01 $246,250 (2.5%) $294,527 (3.8%) 0.00 160
    2024-11-01 $250,000 (6.4%) $300,707 (5.8%) 0.00 172
    Mount Sterling's median listing price for 2024-11-01 was $250,000, a difference of $15,000 (6.4%) versus the prior year and $3,750 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 2024-11-01 was $300,707, a difference of $16,493 (5.8%) versus the prior year and $6,180 versus the prior month.

    For the 2024-11-01 period, Mount Sterling had 172 MLS listings, a difference of 12 listings (8%) versus the prior month and 51 listings (42%) 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
    2024-03-01 0 days 1,474 sqft
    2024-04-01 0 days 1,526 sqft
    2024-05-01 0 days 1,538 sqft
    2024-06-01 0 days 1,531 sqft
    2024-07-01 0 days 1,500 sqft
    2024-08-01 0 days 1,500 sqft
    2024-09-01 0 days 1,459 sqft
    2024-10-01 0 days 1,478 sqft
    2024-11-01 0 days 1,482 sqft
    Mount Sterling's median listing age (time on market) for 2024-11-01 was 0 days.

    Mount Sterling's median square footage for active listings during the 2024-11-01 period was 1,482 sqft. One year prior, the average listing was 1,521 sqft.

    Mount Sterling, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 490 $81,900,000 $167,143
    Refi 103 $11,525,000 $111,893
    Home Improvement 90 $5,110,000 $56,778
    Cash Out Refi 80 $12,430,000 $155,375
    Other 68 $4,680,000 $68,824

    Mount Sterling's most frequently cited loan purpose was Home Purchase, with 490 originations. The 2nd most popular reason was Refi, with 103 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 302 $51,400,000 $170,199
    7-8% 172 $24,670,000 $143,430
    Over 8% 164 $13,060,000 $79,634
    5-6% 100 $17,030,000 $170,300
    3-4% 20 $250,000 $12,500
    2.5-3% 8 $710,000 $88,750
    <2.5% 4 $290,000 $72,500
    4-5% 3 $485,000 $161,667

    During 2023, Mount Sterling's most frequently originated rate bucket was 6-7%, with 302 originations.

    Loan Sizing (Mount Sterling, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 334 $17,940,000 $53,713
    $100k-200k 321 $47,995,000 $149,517
    $200k-400k 162 $41,790,000 $257,963
    $400k-600k 13 $5,695,000 $438,077
    $Over $1MM 1 $2,225,000 $2,225,000

    Mount Sterling's loan sizing saw the bucket of loans from $100,000 or less with 334 originations, totaling $17,940,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 333 $59,625,000 $179,054
    60-80% 154 $25,650,000 $166,558
    Under 20% 96 $3,200,000 $33,333
    20-40% 85 $5,295,000 $62,294
    40-60% 74 $8,860,000 $119,730
    Over 100% 27 $5,165,000 $191,296

    Mount Sterling's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 333 originations, totaling $59,625,000 in origination value.