Mount Vernon Mortgage Rates
30 Year Fixed Rate mortgages in Mount Vernon averaged
6.16%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
5.73% and
one month ago for the week of 2022-05-19, the
average rate was 5.3%.
Mount Vernon's average rate one year ago was 3.18%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.78%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Mount Vernon 30 Year Fixed Rate | 2022-06-23 | 6.16% |
| Mount Vernon 30 Year Fixed Rate Refi | 2022-06-23 | 5.78% |
| Mount Vernon 15 Year Fixed Rate | 2022-06-23 | 5.4% |
| Mount Vernon 15 Year Fixed Rate Refi | 2022-06-23 | 5.27% |
| Mount Vernon 30 Year FHA | 2022-06-23 | 0.3% |
| Mount Vernon 30 Year FHA Refi | 2022-06-23 | -0.03% |
| Mount Vernon 30 Year USDA | 2022-06-23 | 0.43% |
| Mount Vernon 30 Year USDA Refi | 2022-06-23 | 0.14% |
| Mount Vernon 30 Year VA | 2022-06-23 | 0.4% |
| Mount Vernon 30 Year VA Refi | 2022-06-23 | -0.21% |
Mount Vernon Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Mount Vernon, OH 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.).
Mount Vernon, OH's 129 lenders originated 2,642
loans during 2021. The total origination value was $466,500,000, with an average loan value of
$176,571.
The top Mount Vernon lender as defined by loan originations is The Park National Bank, with
188 loans originated. Their average total fees are
$2,790, which is $947
lower than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee Mount Vernon lenders (with over 10 loans originated) are
Union Savings Bank ($1,197), THE EQUITABLE MORTGAGE CORPORATION ($2,568), JPMorgan Chase Bank ($2,670), First Federal Savings and Loan Association ($2,723) and EQUITY RESOURCES, INC. ($2,727).
The lowest rate Mount Vernon lenders (with over 10 loans originated) are
Union Savings Bank (2.99%), THE EQUITABLE MORTGAGE CORPORATION (3.00%), First Federal Savings and Loan Association (3.01%), JPMorgan Chase Bank (3.05%) and The Huntington National Bank (3.05%).
Mount Vernon, OH Lender 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 |
|---|---|---|---|---|
| The Park National Bank | $105,190,000 | $74,470,000 | -29.2% | 16.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $31,485,000 | $36,585,000 | 16.2% | 7.8% |
| QUICKEN LOANS, LLC | $24,210,000 | $34,800,000 | 43.7% | 7.5% |
| UNION HOME MORTGAGE CORP. | $25,205,000 | $33,795,000 | 34.1% | 7.2% |
| The Huntington National Bank | $24,730,000 | $25,650,000 | 3.7% | 5.5% |
| JPMorgan Chase Bank | $7,585,000 | $10,520,000 | 38.7% | 2.3% |
| Union Savings Bank | $11,750,000 | $9,330,000 | -20.6% | 2.0% |
| EQUITY RESOURCES, INC. | $6,580,000 | $8,490,000 | 29.0% | 1.8% |
| PNC Bank | $7,470,000 | $8,245,000 | 10.4% | 1.8% |
| FREEDOM MORTGAGE CORPORATION | $9,935,000 | $8,045,000 | -19.0% | 1.7% |
| C E S | $8,440,000 | $7,780,000 | -7.8% | 1.7% |
| Farm Credit Mid-America, ACA | $4,785,000 | $7,590,000 | 58.6% | 1.6% |
| Fifth Third Bank | $2,875,000 | $6,745,000 | 134.6% | 1.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,140,000 | $6,470,000 | 106.1% | 1.4% |
| Mortgage Research Center, LLC | $4,215,000 | $6,145,000 | 45.8% | 1.3% |
| LOANDEPOT.COM, LLC | $7,170,000 | $5,650,000 | -21.2% | 1.2% |
| CALIBER HOME LOANS, INC. | $3,065,000 | $4,720,000 | 54.0% | 1.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,880,000 | $4,520,000 | 16.5% | 1.0% |
| Third Federal Savings and Loan Association of Cleveland | $4,010,000 | $4,475,000 | 11.6% | 1.0% |
| First Federal Bank of the Midwest | $1,240,000 | $4,265,000 | 244.0% | 0.9% |
| First Commonwealth Bank | $875,000 | $4,215,000 | 381.7% | 0.9% |
| THE EQUITABLE MORTGAGE CORPORATION | $6,535,000 | $4,110,000 | -37.1% | 0.9% |
| Mechanics Bank | $10,290,000 | $4,090,000 | -60.3% | 0.9% |
| LENDUS, LLC | $4,145,000 | $4,040,000 | -2.5% | 0.9% |
| RUOFF MORTGAGE COMPANY, INC. | $4,485,000 | $3,435,000 | -23.4% | 0.7% |
| U.S. Bank | $1,495,000 | $3,310,000 | 121.4% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,535,000 | $3,305,000 | 115.3% | 0.7% |
| First Federal Savings and Loan Association | $4,265,000 | $3,050,000 | -28.5% | 0.7% |
| First Federal Savings and Loan Association of Lakewood | $1,820,000 | $2,960,000 | 62.6% | 0.6% |
| NEWREZ LLC | $1,450,000 | $2,935,000 | 102.4% | 0.6% |
| WesBanco Bank, Inc. | $155,000 | $2,885,000 | 1,761.3% | 0.6% |
| T2 FINANCIAL LLC | $3,470,000 | $2,645,000 | -23.8% | 0.6% |
| CNB Bank | $1,125,000 | $2,485,000 | 120.9% | 0.5% |
| Hometown Lenders, Inc. | $1,485,000 | $2,485,000 | 67.3% | 0.5% |
| LAKEVIEW LOAN SERVICING, LLC | $1,610,000 | $2,470,000 | 53.4% | 0.5% |
| HOME POINT FINANCIAL CORPORATION | $1,400,000 | $2,440,000 | 74.3% | 0.5% |
| HOMESIDE FINANCIAL, LLC | $1,175,000 | $2,435,000 | 107.2% | 0.5% |
| The State Bank and Trust Company | $1,270,000 | $2,410,000 | 89.8% | 0.5% |
| The Union Bank Company | $2,580,000 | $2,340,000 | -9.3% | 0.5% |
| KEMBA FINANCIAL | $1,330,000 | $2,245,000 | 68.8% | 0.5% |
| WALKER & DUNLOP, LLC | $2,195,000 | n/a | 0.5% | |
| First Guaranty Mortgage Corporation | $3,685,000 | $2,175,000 | -41.0% | 0.5% |
| Wells Fargo Bank | $3,645,000 | $2,160,000 | -40.7% | 0.5% |
| Cf Bank | $235,000 | $2,130,000 | 806.4% | 0.5% |
| Heartland Bank | $2,435,000 | $2,125,000 | -12.7% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $1,940,000 | $2,100,000 | 8.2% | 0.5% |
| BETTER MORTGAGE CORPORATION | $2,095,000 | n/a | 0.4% | |
| First Financial Bank | $865,000 | $1,930,000 | 123.1% | 0.4% |
| BROKER SOLUTIONS, INC. | $280,000 | $1,915,000 | 583.9% | 0.4% |
| Flagstar Bank, FSB | $1,020,000 | $1,915,000 | 87.7% | 0.4% |
| NFM, INC. | $1,425,000 | $1,865,000 | 30.9% | 0.4% |
| PRIORITY MORTGAGE CORP. | $1,410,000 | $1,865,000 | 32.3% | 0.4% |
| Peoples Bank | $95,000 | $1,845,000 | 1,842.1% | 0.4% |
| GUARANTEED RATE, INC. | $890,000 | $1,760,000 | 97.8% | 0.4% |
| RAPID MORTGAGE COMPANY | $295,000 | $1,715,000 | 481.4% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $1,800,000 | $1,670,000 | -7.2% | 0.4% |
| PENTAGON FEDERAL CREDIT UNION | $25,000 | $1,660,000 | 6,540.0% | 0.4% |
| Independent Bank | $370,000 | $1,555,000 | 320.3% | 0.3% |
| Kingston National Bank | $45,000 | $1,555,000 | 3,355.6% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $405,000 | $1,465,000 | 261.7% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $785,000 | $1,440,000 | 83.4% | 0.3% |
| Carrington Mortgage Services, LLC | $1,605,000 | $1,395,000 | -13.1% | 0.3% |
| KeyBank | $880,000 | $1,320,000 | 50.0% | 0.3% |
| Nations Lending Corporation | $1,555,000 | $1,315,000 | -15.4% | 0.3% |
| NAVY FEDERAL CREDIT UNION | $1,380,000 | $1,315,000 | -4.7% | 0.3% |
| NEW DAY FINANCIAL, LLC | $1,835,000 | $1,310,000 | -28.6% | 0.3% |
| FIRST OHIO HOME FINANCE, INC. | $695,000 | $1,300,000 | 87.1% | 0.3% |
| The Community Bank | $1,665,000 | $1,280,000 | -23.1% | 0.3% |
| WRIGHT-PATT CREDIT UNION, INC. | $1,290,000 | $1,205,000 | -6.6% | 0.3% |
| AmeriHome Mortgage Company, LLC | $225,000 | $1,130,000 | 402.2% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,710,000 | $1,130,000 | -33.9% | 0.2% |
| First National Bank of Pennsylvania | $365,000 | $1,070,000 | 193.2% | 0.2% |
| Mortgage Bank of California | $1,065,000 | n/a | 0.2% | |
| FIRST COMMUNITY MORTGAGE, INC. | $145,000 | $1,030,000 | 610.3% | 0.2% |
| The Federal Savings Bank | $1,280,000 | $995,000 | -22.3% | 0.2% |
| AMERICAN FINANCING CORPORATION | $545,000 | $910,000 | 67.0% | 0.2% |
| CME Federal Credit Union | $445,000 | $890,000 | 100.0% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $470,000 | $880,000 | 87.2% | 0.2% |
| First Merchants Bank | $635,000 | $830,000 | 30.7% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $1,070,000 | $825,000 | -22.9% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,235,000 | $810,000 | -34.4% | 0.2% |
| DIRECT MORTGAGE LOANS, LLC | $785,000 | n/a | 0.2% | |
| BMI Federal Credit Union | $865,000 | $740,000 | -14.5% | 0.2% |
| UNITED MORTGAGE CORP. | $885,000 | $730,000 | -17.5% | 0.2% |
| Gateway First Bank | $965,000 | $720,000 | -25.4% | 0.2% |
| The Farmers National Bank of Canfield | $1,090,000 | $690,000 | -36.7% | 0.1% |
| HALLMARK HOME MORTGAGE, LLC | $1,105,000 | $670,000 | -39.4% | 0.1% |
| InterContinental Capital Group, Inc | $185,000 | $665,000 | 259.5% | 0.1% |
| Pathways Financial Credit Union, Inc. | $355,000 | $650,000 | 83.1% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $515,000 | $645,000 | 25.2% | 0.1% |
| GUILD MORTGAGE COMPANY | $625,000 | n/a | 0.1% | |
| Sutton Bank | $620,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $615,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $490,000 | $610,000 | 24.5% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $600,000 | n/a | 0.1% | |
| AMERICAN MORTGAGE SERVICE COMPANY | $620,000 | $575,000 | -7.3% | 0.1% |
| RESIDENTIAL BANCORP. | $575,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $1,225,000 | $575,000 | -53.1% | 0.1% |
| Baxter Credit Union | $35,000 | $570,000 | 1,528.6% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $540,000 | $565,000 | 4.6% | 0.1% |
| First Federal Bank of Ohio | $1,015,000 | $555,000 | -45.3% | 0.1% |
| Dollar Bank, Federal Savings Bank | $135,000 | $545,000 | 303.7% | 0.1% |
| Citizens Bank | $305,000 | $540,000 | 77.0% | 0.1% |
| TELHIO | $1,915,000 | $540,000 | -71.8% | 0.1% |
| KELLER MORTGAGE, LLC | $340,000 | $535,000 | 57.4% | 0.1% |
| SIGNATURE MORTGAGE CORPORATION | $510,000 | n/a | 0.1% | |
| J. VIRGIL, INC. | $510,000 | $505,000 | -1.0% | 0.1% |
| Bank of America | $1,520,000 | $495,000 | -67.4% | 0.1% |
| The Commercial and Savings Bank of Millersburg Ohio | $360,000 | $495,000 | 37.5% | 0.1% |
| LOANPAL, LLC | $240,000 | $475,000 | 97.9% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $195,000 | $475,000 | 143.6% | 0.1% |
| PLANET HOME LENDING, LLC | $205,000 | $465,000 | 126.8% | 0.1% |
| AMERIFIRST FINANCIAL CORPORATION | $450,000 | n/a | 0.1% | |
| The Apple Creek Banking Company | $435,000 | n/a | 0.1% | |
| First National Bank of Bellevue | $1,195,000 | $425,000 | -64.4% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $320,000 | $425,000 | 32.8% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $800,000 | $410,000 | -48.8% | 0.1% |
| TrueCore Federal Credit Union | $770,000 | $410,000 | -46.8% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $480,000 | $390,000 | -18.8% | 0.1% |
| SOFI LENDING CORP. | $395,000 | $375,000 | -5.1% | 0.1% |
| The Richwood Banking Company | $535,000 | $375,000 | -29.9% | 0.1% |
| PHH Mortgage Corporation | $370,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $370,000 | n/a | 0.1% | |
| NATIONS RELIABLE LENDING, LLC | $365,000 | n/a | 0.1% | |
| Barrington Bank & Trust Company, N.A. | $590,000 | $360,000 | -39.0% | 0.1% |
| LIBERTY HOME MORTGAGE CORPORATION | $280,000 | $360,000 | 28.6% | 0.1% |
| Magnolia Bank | $175,000 | $360,000 | 105.7% | 0.1% |
| AMERICAN ADVISORS GROUP | $70,000 | $340,000 | 385.7% | 0.1% |
| East Coast Capital Corp. | $335,000 | n/a | 0.1% | |
| Manufacturers and Traders Trust Company | $310,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $315,000 | $310,000 | -1.6% | 0.1% |
| Associated Bank | $295,000 | n/a | 0.1% | |
| Texana Bank | $295,000 | n/a | 0.1% | |
| Bank of England | $935,000 | $290,000 | -69.0% | 0.1% |
| POLARIS HOME FUNDING CORP. | $390,000 | $280,000 | -28.2% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $785,000 | $275,000 | -65.0% | 0.1% |
| YOUR HOME FINANCIAL LLC | $275,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $695,000 | $265,000 | -61.9% | 0.1% |
| Low VA Rates, LLC | $135,000 | $265,000 | 96.3% | 0.1% |
| Republic Bank & Trust Company | $265,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $265,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $390,000 | $255,000 | -34.6% | 0.1% |
| TIAA, FSB | $355,000 | $255,000 | -28.2% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $325,000 | $245,000 | -24.6% | 0.1% |
| THE VINTON COUNTY NATIONAL BANK | $395,000 | $245,000 | -38.0% | 0.1% |
| HOMESPIRE MORTGAGE CORPORATION | $240,000 | n/a | 0.1% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $240,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $315,000 | $235,000 | -25.4% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $235,000 | n/a | 0.1% | |
| Civista Bank | $340,000 | $235,000 | -30.9% | 0.1% |
| Figure Lending LLC | $95,000 | $235,000 | 147.4% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $265,000 | $225,000 | -15.1% | 0.0% |
| First Home Bank | $215,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $390,000 | $205,000 | -47.4% | 0.0% |
| Ally Bank | $145,000 | $195,000 | 34.5% | 0.0% |
| Citibank | $195,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,120,000 | $195,000 | -82.6% | 0.0% |
| The Savings Bank | $195,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $510,000 | $195,000 | -61.8% | 0.0% |
| BAYER HERITAGE | $185,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $185,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $180,000 | n/a | 0.0% | |
| Northwest Bank | $175,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $175,000 | n/a | 0.0% | |
| AmRes Corporation | $570,000 | $165,000 | -71.1% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $65,000 | $165,000 | 153.8% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $165,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $255,000 | $165,000 | -35.3% | 0.0% |
| Northpointe Bank | $145,000 | $165,000 | 13.8% | 0.0% |
| Renasant Bank | $165,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $155,000 | n/a | 0.0% | |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $385,000 | $155,000 | -59.7% | 0.0% |
| Merchants Bank of Indiana | $125,000 | $155,000 | 24.0% | 0.0% |
| Discover Bank | $355,000 | $150,000 | -57.7% | 0.0% |
| Chicago Mortgage Solutions LLC | $145,000 | n/a | 0.0% | |
| First Federal Bank | $475,000 | $145,000 | -69.5% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $145,000 | n/a | 0.0% | |
| First Savings Bank | $135,000 | n/a | 0.0% | |
| MYCUMORTGAGE, LLC | $370,000 | $125,000 | -66.2% | 0.0% |
| THRIVENT Federal Credit Union | $125,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $120,000 | n/a | 0.0% | |
| DESCO | $105,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $105,000 | n/a | 0.0% | |
| 1ST SIGNATURE LENDING, LLC | $95,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $95,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $95,000 | $95,000 | 0.0% | 0.0% |
| The Middlefield Banking Company | $360,000 | $95,000 | -73.6% | 0.0% |
| HOPEWELL Federal Credit Union | $355,000 | $85,000 | -76.1% | 0.0% |
| HONDA Federal Credit Union | $75,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $95,000 | $65,000 | -31.6% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $65,000 | n/a | 0.0% | |
| TCF National Bank | $105,000 | $35,000 | -66.7% | 0.0% |
| EDUCATION FIRST CREDIT UNION, INC. | $180,000 | $25,000 | -86.1% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $25,000 | n/a | 0.0% |
Mount Vernon's top lender by overall market share is The Park National Bank, with 16.0% market share. In second place, with 7.8%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $36,585,000 in loans. In third place, with 7.5%, is QUICKEN LOANS, LLC, having originated $34,800,000 in loans. In third place, with 7.2%, is UNION HOME MORTGAGE CORP., having originated $33,795,000 in loans. In third place, with 5.5%, is The Huntington National Bank, having originated $25,650,000 in loans.
Mount Vernon, OH Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 943 | $189,795,000 | $201,267 |
| Refi | 888 | $159,300,000 | $179,392 |
| Cash Out Refi | 572 | $97,710,000 | $170,822 |
| Home Improvement | 130 | $11,010,000 | $84,692 |
| Other | 109 | $8,685,000 | $79,679 |
Mount Vernon's most frequently cited loan purpose was Home Purchase, with 943 originations. The 2nd most popular reason was Refi, with 888 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,115 | $191,315,000 | $171,583 |
| 2.5-3% | 850 | $163,390,000 | $192,224 |
| <2.5% | 426 | $80,450,000 | $188,850 |
| 4-5% | 141 | $19,265,000 | $136,631 |
| 5-6% | 16 | $860,000 | $53,750 |
| 6-7% | 12 | $550,000 | $45,833 |
| 7-8% | 5 | $185,000 | $37,000 |
| Over 8% | 3 | $175,000 | $58,333 |
During 2021, Mount Vernon's most frequently originated rate bucket was 3-4%, with 1,115 originations.
Loan Sizing (Mount Vernon, OH MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,254 | $182,960,000 | $145,901 |
| $200k-400k | 690 | $182,550,000 | $264,565 |
| $100,000 or less | 584 | $39,220,000 | $67,158 |
| $400k-600k | 97 | $45,595,000 | $470,052 |
| $600k-1000k | 11 | $7,985,000 | $725,909 |
| $Over $1MM | 6 | $8,190,000 | $1,365,000 |
Mount Vernon's loan sizing saw the bucket of loans from $100k-200k with 1,254 originations, totaling $182,960,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 857 | $176,185,000 | $205,583 |
| 60-80% | 827 | $161,905,000 | $195,774 |
| 40-60% | 425 | $69,055,000 | $162,482 |
| 20-40% | 188 | $16,620,000 | $88,404 |
| Under 20% | 129 | $6,305,000 | $48,876 |
| Over 100% | 19 | $5,185,000 | $272,895 |
Mount Vernon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 857 originations, totaling $176,185,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Mount Vernon (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 | $155,800 (5.3%) | $208,624 (4.4%) | 0.00 | 235 |
| 2018-02-01 | $158,900 (9.3%) | $209,073 (11.9%) | 0.00 | 228 |
| 2018-03-01 | $179,900 (16.2%) | $207,890 (0.0%) | 0.00 | 265 |
| 2018-04-01 | $194,900 (22.0%) | $244,353 (17.3%) | 0.00 | 280 |
| 2018-05-01 | $189,950 (20.7%) | $238,525 (15.3%) | 0.00 | 359 |
| 2018-06-01 | $179,900 (14.4%) | $232,036 (7.4%) | 0.00 | 355 |
| 2018-07-01 | $184,950 (23.4%) | $235,361 (12.2%) | 0.00 | 311 |
| 2018-08-01 | $182,500 (14.1%) | $227,976 (9.3%) | 0.00 | 308 |
| 2018-09-01 | $179,900 (12.5%) | $229,799 (13.6%) | 0.00 | 318 |
| 2018-10-01 | $164,400 (1.6%) | $224,542 (7.9%) | 0.00 | 288 |
| 2018-11-01 | $169,450 (5.4%) | $231,304 (9.8%) | 0.00 | 273 |
| 2018-12-01 | $169,000 (5.8%) | $233,324 (13.5%) | 0.00 | 255 |
| 2019-01-01 | $173,750 (11.5%) | $255,080 (22.3%) | 0.00 | 220 |
| 2019-02-01 | $180,000 (13.3%) | $264,866 (26.7%) | 0.00 | 208 |
| 2019-03-01 | $187,100 (4.0%) | $259,009 (24.6%) | 0.00 | 235 |
| 2019-04-01 | $189,550 (-2.7%) | $261,699 (7.1%) | 0.00 | 272 |
| 2019-05-01 | $204,639 (7.7%) | $255,909 (7.3%) | 0.00 | 321 |
| 2019-06-01 | $209,900 (16.7%) | $273,080 (17.7%) | 0.00 | 304 |
| 2019-07-01 | $207,444 (12.2%) | $261,630 (11.2%) | 0.00 | 309 |
| 2019-08-01 | $196,322 (7.6%) | $256,738 (12.6%) | 0.00 | 290 |
| 2019-09-01 | $184,900 (2.8%) | $252,182 (9.7%) | 0.00 | 239 |
| 2019-10-01 | $197,389 (20.1%) | $270,941 (20.7%) | 0.00 | 230 |
| 2019-11-01 | $185,000 (9.2%) | $274,519 (18.7%) | 0.00 | 226 |
| 2019-12-01 | $179,450 (6.2%) | $258,313 (10.7%) | 0.00 | 226 |
| 2020-01-01 | $177,450 (2.1%) | $257,148 (0.8%) | 0.00 | 193 |
| 2020-02-01 | $179,777 (-0.1%) | $264,526 (-0.1%) | 0.00 | 142 |
| 2020-03-01 | $179,900 (-3.9%) | $253,316 (-2.2%) | 0.00 | 144 |
| 2020-04-01 | $172,450 (-9.0%) | $243,356 (-7.0%) | 0.00 | 155 |
| 2020-05-01 | $199,900 (-2.3%) | $266,432 (4.1%) | 0.00 | 155 |
| 2020-06-01 | $236,400 (12.6%) | $327,166 (19.8%) | 0.00 | 123 |
| 2020-07-01 | $231,450 (11.6%) | $334,651 (27.9%) | 0.00 | 99 |
| 2020-08-01 | $189,900 (-3.3%) | $305,372 (18.9%) | 0.00 | 71 |
| 2020-09-01 | $209,900 (13.5%) | $308,737 (22.4%) | 0.00 | 81 |
| 2020-10-01 | $194,900 (-1.3%) | $251,887 (-7.0%) | 0.00 | 76 |
| 2020-11-01 | $157,425 (-14.9%) | $213,764 (-22.1%) | 0.00 | 84 |
| 2020-12-01 | $147,450 (-17.8%) | $201,644 (-21.9%) | 0.00 | 55 |
| 2021-01-01 | $149,900 (-15.5%) | $177,311 (-31.1%) | 0.00 | 49 |
| 2021-02-01 | $157,450 (-12.4%) | $195,868 (-26.0%) | 0.00 | 30 |
| 2021-03-01 | $183,700 (2.1%) | $216,650 (-14.5%) | 0.00 | 42 |
| 2021-04-01 | $239,950 (39.1%) | $269,864 (10.9%) | 0.00 | 38 |
| 2021-05-01 | $220,000 (10.1%) | $268,341 (0.7%) | 0.00 | 43 |
| 2021-06-01 | $250,000 (5.8%) | $317,953 (-2.8%) | 0.00 | 52 |
| 2021-07-01 | $227,389 (-1.8%) | $352,335 (5.3%) | 0.00 | 85 |
| 2021-08-01 | $272,500 (43.5%) | $413,123 (35.3%) | 0.00 | 82 |
| 2021-09-01 | $250,000 (19.1%) | $390,716 (26.6%) | 0.00 | 95 |
| 2021-10-01 | $250,000 (28.3%) | $401,341 (59.3%) | 0.00 | 101 |
| 2021-11-01 | $232,450 (47.7%) | $345,654 (61.7%) | 0.00 | 85 |
| 2021-12-01 | $222,500 (50.9%) | $338,815 (68.0%) | 0.00 | 70 |
| 2022-01-01 | $235,000 (56.8%) | $340,622 (92.1%) | 0.00 | 56 |
| 2022-02-01 | $254,400 (61.6%) | $371,294 (89.6%) | 0.00 | 44 |
| 2022-03-01 | $252,900 (37.7%) | $317,333 (46.5%) | 0.00 | 52 |
| 2022-04-01 | $219,777 (-8.4%) | $268,956 (-0.3%) | 0.00 | 50 |
| 2022-05-01 | $192,710 (-12.4%) | $317,497 (18.3%) | 0.00 | 53 |
Mount Vernon's median listing price comes in at 0% of the national average.
Mount Vernon's average listing price for 2022-05-01 was $317,497, a difference of $49,156 (18.3%) versus the prior year and $48,541 versus the prior month.
For the 2022-05-01 period, Mount Vernon had 53 MLS listings, a difference of 3 listings (6%) versus the prior month and 10 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Mount Vernon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,656 sqft |
| 2018-02-01 | 0 days | 1,654 sqft |
| 2018-03-01 | 0 days | 1,788 sqft |
| 2018-04-01 | 0 days | 1,909 sqft |
| 2018-05-01 | 0 days | 1,951 sqft |
| 2018-06-01 | 0 days | 1,958 sqft |
| 2018-07-01 | 0 days | 2,062 sqft |
| 2018-08-01 | 0 days | 2,011 sqft |
| 2018-09-01 | 0 days | 1,883 sqft |
| 2018-10-01 | 0 days | 1,844 sqft |
| 2018-11-01 | 0 days | 1,824 sqft |
| 2018-12-01 | 0 days | 1,808 sqft |
| 2019-01-01 | 0 days | 1,840 sqft |
| 2019-02-01 | 0 days | 1,862 sqft |
| 2019-03-01 | 0 days | 1,890 sqft |
| 2019-04-01 | 0 days | 1,951 sqft |
| 2019-05-01 | 0 days | 1,966 sqft |
| 2019-06-01 | 0 days | 2,075 sqft |
| 2019-07-01 | 0 days | 1,946 sqft |
| 2019-08-01 | 0 days | 1,950 sqft |
| 2019-09-01 | 0 days | 1,944 sqft |
| 2019-10-01 | 0 days | 1,935 sqft |
| 2019-11-01 | 0 days | 1,968 sqft |
| 2019-12-01 | 0 days | 1,914 sqft |
| 2020-01-01 | 0 days | 1,908 sqft |
| 2020-02-01 | 0 days | 1,663 sqft |
| 2020-03-01 | 0 days | 1,703 sqft |
| 2020-04-01 | 0 days | 1,741 sqft |
| 2020-05-01 | 0 days | 1,912 sqft |
| 2020-06-01 | 0 days | 2,234 sqft |
| 2020-07-01 | 0 days | 2,050 sqft |
| 2020-08-01 | 0 days | 1,968 sqft |
| 2020-09-01 | 0 days | 1,806 sqft |
| 2020-10-01 | 0 days | 1,750 sqft |
| 2020-11-01 | 0 days | 1,607 sqft |
| 2020-12-01 | 0 days | 1,631 sqft |
| 2021-01-01 | 0 days | 1,631 sqft |
| 2021-02-01 | 0 days | 1,570 sqft |
| 2021-03-01 | 0 days | 1,567 sqft |
| 2021-04-01 | 0 days | 1,995 sqft |
| 2021-05-01 | 0 days | 1,812 sqft |
| 2021-06-01 | 0 days | 1,859 sqft |
| 2021-07-01 | 0 days | 1,790 sqft |
| 2021-08-01 | 0 days | 1,985 sqft |
| 2021-09-01 | 0 days | 1,838 sqft |
| 2021-10-01 | 0 days | 2,025 sqft |
| 2021-11-01 | 0 days | 1,994 sqft |
| 2021-12-01 | 0 days | 1,968 sqft |
| 2022-01-01 | 0 days | 1,824 sqft |
| 2022-02-01 | 0 days | 1,757 sqft |
| 2022-03-01 | 0 days | 1,755 sqft |
| 2022-04-01 | 0 days | 1,823 sqft |
| 2022-05-01 | 0 days | 1,764 sqft |
Mount Vernon's median square footage for active listings during the 2022-05-01 period was 1,764 sqft. One year prior, the average listing was 1,812 sqft.
