Mount Vernon 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 Vernon averaged 6.89% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.78% and one month ago for the week of 2024-11-07, the average rate was 6.88%.

    Mount Vernon's average rate one year ago was 6.92%.

    For refis of the same type during the week of 2024-12-12, the average rate was 7.1%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Mount Vernon 30 Year Fixed Rate 2024-12-12 6.89%
    Mount Vernon 30 Year Fixed Rate Refi 2024-12-12 7.1%
    Mount Vernon 15 Year Fixed Rate 2024-12-12 6.04%
    Mount Vernon 15 Year Fixed Rate Refi 2024-12-12 6.14%
    Mount Vernon 30 Year FHA 2024-12-12 6.39%
    Mount Vernon 30 Year FHA Refi 2024-12-12 6.28%
    Mount Vernon 30 Year USDA 2024-12-12 6.3%
    Mount Vernon 30 Year USDA Refi 2024-12-12 6.4%
    Mount Vernon 30 Year VA 2024-12-12 6.18%
    Mount Vernon 30 Year VA Refi 2024-12-12 5.88%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mount Vernon, OH.

    Mount Vernon 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 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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    The Park National Bank 81 6.85% $3,716
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 41 7.20% $5,091
    QUICKEN LOANS, LLC 27 6.83% $6,261
    RUOFF MORTGAGE COMPANY, INC. 27 7.14% $4,101
    UNION HOME MORTGAGE CORP. 24 7.04% $5,333
    The Huntington National Bank 23 6.74% $4,275
    Farm Credit Mid-America, ACA 18 7.14% $5,305
    CROSSCOUNTRY MORTGAGE, LLC 15 7.38% $4,970
    NFM, INC. 15 7.11% $5,719
    UNITED WHOLESALE MORTGAGE, LLC 11 7.04% $5,860
    EQUITY RESOURCES, INC. 9 6.63% $3,178
    Union Savings Bank 7 6.36% $2,739
    PNC Bank 7 6.61% $2,980
    Third Federal Savings and Loan Association of Cleveland 5 6.61% $1,747
    GSF Mortgage Corporation 5 6.22% $4,687
    Wells Fargo Bank 5 7.08% $9,761
    Heartland Bank 5 7.00% $4,513
    T2 FINANCIAL LLC 5 7.23% $6,205
    Mechanics Bank 4 5.68% $2,645
    Flagstar Bank, FSB 4 7.34% $5,566
    The State Bank and Trust Company 4 6.25% $6,139
    CHURCHILL MORTGAGE CORPORATION 4 6.81% $9,024
    THE EQUITABLE MORTGAGE CORPORATION 4 6.84% $3,719
    U.S. Bank 4 7.56% $2,959
    First Federal Savings and Loan Association 4 6.84% $2,416
    First Federal Savings and Loan Association of Lakewood 4 6.34% $4,663
    JPMorgan Chase Bank 4 6.62% $4,628
    CME Federal Credit Union 3 5.63% $3,259
    Discover Bank 3 6.91% $0
    Fifth Third Bank 3 6.37% $3,942
    First Financial Bank 3 6.29% $2,568
    FREEDOM MORTGAGE CORPORATION 3 7.37% $10,687
    GUARANTEED RATE, INC. 3 6.66% $5,924
    Mr. Cooper ( Nationstar Mortgage ) 3 7.20% $6,164
    WRIGHT-PATT CREDIT UNION, INC. 3 6.17% $2,815
    NEWREZ LLC 2 6.75% $4,221
    First Merchants Bank 2 6.69% $3,519
    PENNYMAC LOAN SERVICES, LLC 2 7.12% $7,239
    First National Bank of Bellevue 2 6.06% $4,432
    Mercantile Bank of Michigan 2 7.44% $3,586
    CNB Bank 2 7.38% $3,047
    TELHIO 2 6.88% $2,753
    BMI Federal Credit Union 2 6.60% $2,872
    KEMBA FINANCIAL 2 6.38% $3,623
    The Community Bank 2 6.94% $2,625
    FIRST COMMUNITY MORTGAGE, INC. 2 6.19% $4,063
    GUARANTEED RATE AFFINITY, LLC 2 6.81% $5,538
    NBKC BANK 2 6.88% $3,301
    HOWARD HANNA FINANCIAL SERVICES, INC. 2 6.67% $4,820
    Peoples Bank 1 6.38% $3,807
    PHH Mortgage Corporation 1 6.50% $3,785
    PLANET HOME LENDING, LLC 1 5.88% $5,180
    POLARIS HOME FUNDING CORP. 1 6.63% $9,504
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 7.13% $3,365
    East Coast Capital Corp. 1 6.63% $5,979
    RELIANCE FIRST CAPITAL, LLC 1 5.88% $7,878
    Colonial Savings, F.A. 1 6.38% $8,605
    STOCKTON MORTGAGE CORPORATION 1 7.75% $14,973
    SUMMIT FUNDING, INC. 1 6.99% $4,091
    The Commercial and Savings Bank of Millersburg Ohio 1 7.63% $3,887
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.50% $6,156
    Civista Bank 1 5.63% $4,003
    The Merchants National Bank 1 5.75% $3,361
    The Old Fort Banking Company 1 6.75% $3,082
    Citizens Bank 1 5.13% $3,555
    Cf Bank 1 6.88% $4,498
    The Union Bank Company 1 6.63% $4,073
    THE VINTON COUNTY NATIONAL BANK 1 5.88% $2,512
    C E S 1 7.88% $3,496
    BROKER SOLUTIONS, INC. 1 7.50% $5,508
    Baxter Credit Union 1 6.38% $2,504
    Bank of England 1 7.25% $3,812
    Watermark Capital, Inc. 1 7.50% $3,789
    Bank of America 1 6.00% $3,843
    GVC MORTGAGE, INC. 1 7.49% $4,372
    GUILD MORTGAGE COMPANY 1 7.13% $9,344
    GREENSTATE CREDIT UNION 1 7.00% $2,968
    HOMESPIRE MORTGAGE CORPORATION 1 6.00% $3,393
    First National Bank of Pennsylvania 1 6.50% $5,563
    J. VIRGIL, INC. 1 7.75% $8,793
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.75% $31,682
    LIBERTY HOME MORTGAGE CORPORATION 1 8.13% $3,617
    LOANDEPOT.COM, LLC 1 7.63% $4,235
    Mortgage Research Center, LLC 1 7.63% $10,301
    MOVEMENT MORTGAGE, LLC 1 5.63% $6,275
    ZILLOW HOME LOANS, LLC 1 5.75% $12,929
    M&T Bank 1 5.75% $6,691
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $12,611
    Neighborhood Loans, Inc. 1 6.88% $6,928

    Mount Vernon Average Closing Costs & Other Stats

    Mount Vernon, OH's 89 lenders originated 1,278 loans during 2023. The total origination value was $243,570,000, with an average loan value of $190,587.

    Mount Vernon's average closing costs are $4,545.

    The top Mount Vernon lender as defined by loan originations is The Park National Bank, with 81 loans originated. Their average total fees are $3,716, which is $1,375 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Mount Vernon lenders (with over 10 loans originated) are The Park National Bank ($3,716), RUOFF MORTGAGE COMPANY, INC. ($4,101), The Huntington National Bank ($4,275), CROSSCOUNTRY MORTGAGE, LLC ($4,970) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,091).

    The lowest rate Mount Vernon lenders (with over 10 loans originated) are The Huntington National Bank (6.74%), QUICKEN LOANS, LLC (6.83%), The Park National Bank (6.85%), UNION HOME MORTGAGE CORP. (7.04%) and UNITED WHOLESALE MORTGAGE, LLC (7.04%).

    Mount Vernon, OH 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
    The Park National Bank $49,065,000 $33,705,000 -31.3% 13.8%
    Heartland Bank $1,815,000 $20,990,000 1,056.5% 8.6%
    The Huntington National Bank $18,420,000 $15,190,000 -17.5% 6.2%
    QUICKEN LOANS, LLC $18,035,000 $11,655,000 -35.4% 4.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $23,635,000 $11,305,000 -52.2% 4.6%
    RUOFF MORTGAGE COMPANY, INC. $3,275,000 $9,320,000 184.6% 3.8%
    UNION HOME MORTGAGE CORP. $13,620,000 $9,230,000 -32.2% 3.8%
    NFM, INC. $4,250,000 $7,555,000 77.8% 3.1%
    UNITED WHOLESALE MORTGAGE, LLC $8,360,000 $6,150,000 -26.4% 2.5%
    PNC Bank $8,560,000 $5,495,000 -35.8% 2.3%
    CROSSCOUNTRY MORTGAGE, LLC $2,125,000 $5,435,000 155.8% 2.2%
    First Commonwealth Bank $7,260,000 $4,975,000 -31.5% 2.0%
    Farm Credit Mid-America, ACA $5,590,000 $4,185,000 -25.1% 1.7%
    EQUITY RESOURCES, INC. $4,815,000 $3,915,000 -18.7% 1.6%
    Mortgage Research Center, LLC $3,460,000 $3,415,000 -1.3% 1.4%
    Union Savings Bank $5,815,000 $3,405,000 -41.4% 1.4%
    C E S $6,885,000 $3,245,000 -52.9% 1.3%
    FREEDOM MORTGAGE CORPORATION $2,060,000 $2,520,000 22.3% 1.0%
    GUARANTEED RATE, INC. $650,000 $2,430,000 273.8% 1.0%
    First Federal Savings and Loan Association of Lakewood $1,625,000 $2,300,000 41.5% 0.9%
    First Financial Bank $1,920,000 $2,195,000 14.3% 0.9%
    THE EQUITABLE MORTGAGE CORPORATION $1,080,000 $2,185,000 102.3% 0.9%
    The State Bank and Trust Company $1,485,000 $2,000,000 34.7% 0.8%
    Third Federal Savings and Loan Association of Cleveland $3,700,000 $1,970,000 -46.8% 0.8%
    Wells Fargo Bank $1,995,000 $1,720,000 -13.8% 0.7%
    CNB Bank $1,555,000 $1,660,000 6.8% 0.7%
    GSF Mortgage Corporation $1,810,000 $1,635,000 -9.7% 0.7%
    LOANDEPOT.COM, LLC $3,030,000 $1,520,000 -49.8% 0.6%
    Fifth Third Bank $3,650,000 $1,470,000 -59.7% 0.6%
    KEMBA FINANCIAL $1,930,000 $1,385,000 -28.2% 0.6%
    First Federal Bank of the Midwest $365,000 $1,375,000 276.7% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $4,425,000 $1,365,000 -69.2% 0.6%
    U.S. Bank $2,860,000 $1,255,000 -56.1% 0.5%
    HOWARD HANNA FINANCIAL SERVICES, INC. $420,000 $1,210,000 188.1% 0.5%
    T2 FINANCIAL LLC $3,635,000 $1,130,000 -68.9% 0.5%
    CHURCHILL MORTGAGE CORPORATION $635,000 $1,120,000 76.4% 0.5%
    Mechanics Bank $5,680,000 $1,095,000 -80.7% 0.4%
    The Community Bank $1,395,000 $1,090,000 -21.9% 0.4%
    STOCKTON MORTGAGE CORPORATION $1,085,000 n/a 0.4%
    PENNYMAC LOAN SERVICES, LLC $765,000 $1,060,000 38.6% 0.4%
    Kingston National Bank $630,000 $1,035,000 64.3% 0.4%
    NEWREZ LLC $1,860,000 $1,035,000 -44.4% 0.4%
    Flagstar Bank, FSB $1,530,000 $995,000 -35.0% 0.4%
    Citizens Bank $970,000 $990,000 2.1% 0.4%
    NAVY FEDERAL CREDIT UNION $1,360,000 $960,000 -29.4% 0.4%
    NBKC BANK $900,000 n/a 0.4%
    WRIGHT-PATT CREDIT UNION, INC. $2,490,000 $850,000 -65.9% 0.3%
    AMERISAVE MORTGAGE CORPORATION $2,375,000 $825,000 -65.3% 0.3%
    FIRST COMMUNITY MORTGAGE, INC. $480,000 $805,000 67.7% 0.3%
    First Merchants Bank $1,725,000 $805,000 -53.3% 0.3%
    Discover Bank $625,000 $775,000 24.0% 0.3%
    AMERICAN FINANCIAL NETWORK, INC. $745,000 n/a 0.3%
    CME Federal Credit Union $25,000 $710,000 2,740.0% 0.3%
    First Federal Savings and Loan Association $2,145,000 $710,000 -66.9% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $390,000 $690,000 76.9% 0.3%
    GUARANTEED RATE AFFINITY, LLC $1,055,000 $680,000 -35.5% 0.3%
    Civista Bank $645,000 $675,000 4.7% 0.3%
    Nations Lending Corporation $565,000 $665,000 17.7% 0.3%
    BROKER SOLUTIONS, INC. $465,000 $655,000 40.9% 0.3%
    Peoples Bank $1,350,000 $640,000 -52.6% 0.3%
    TrueCore Federal Credit Union $355,000 $630,000 77.5% 0.3%
    JPMorgan Chase Bank $5,600,000 $625,000 -88.8% 0.3%
    Bank of America $1,110,000 $620,000 -44.1% 0.3%
    LENOX FINANCIAL MORTGAGE CORPORATION $615,000 n/a 0.3%
    The Middlefield Banking Company $160,000 $560,000 250.0% 0.2%
    Cf Bank $1,285,000 $535,000 -58.4% 0.2%
    SUMMIT FUNDING, INC. $535,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $635,000 $525,000 -17.3% 0.2%
    BAYSHORE MORTGAGE FUNDING, LLC $1,110,000 $520,000 -53.2% 0.2%
    PLANET HOME LENDING, LLC $520,000 n/a 0.2%
    First National Bank of Bellevue $115,000 $510,000 343.5% 0.2%
    TELHIO $1,175,000 $490,000 -58.3% 0.2%
    GREENSTATE CREDIT UNION $485,000 n/a 0.2%
    MICHIGAN MUTUAL, INC. $165,000 $480,000 190.9% 0.2%
    NEW DAY FINANCIAL, LLC $940,000 $480,000 -48.9% 0.2%
    The Savings Bank $505,000 $480,000 -5.0% 0.2%
    GUILD MORTGAGE COMPANY $480,000 $470,000 -2.1% 0.2%
    AMERICAN FINANCING CORPORATION $1,315,000 $460,000 -65.0% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $460,000 n/a 0.2%
    The Federal Savings Bank $1,030,000 $455,000 -55.8% 0.2%
    Figure Lending LLC $205,000 $450,000 119.5% 0.2%
    Carrington Mortgage Services, LLC $805,000 $440,000 -45.3% 0.2%
    East Coast Capital Corp. $925,000 $440,000 -52.4% 0.2%
    The Commercial and Savings Bank of Millersburg Ohio $645,000 $440,000 -31.8% 0.2%
    Mercantile Bank of Michigan $175,000 $430,000 145.7% 0.2%
    POLARIS HOME FUNDING CORP. $410,000 n/a 0.2%
    The Merchants National Bank $395,000 n/a 0.2%
    ALLIED MORTGAGE GROUP, INC. $390,000 n/a 0.2%
    Colonial Savings, F.A. $375,000 n/a 0.2%
    THRIVE MORTGAGE, LLC $195,000 $365,000 87.2% 0.1%
    PHH Mortgage Corporation $135,000 $360,000 166.7% 0.1%
    AG Credit, Agricultural Credit Association $355,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $115,000 $350,000 204.3% 0.1%
    VILLAGE CAPITAL MORTGAGE $335,000 $340,000 1.5% 0.1%
    LENDINGHOME FUNDING CORPORATION $140,000 $315,000 125.0% 0.1%
    J. VIRGIL, INC. $990,000 $310,000 -68.7% 0.1%
    Coastal Community Bank $295,000 n/a 0.1%
    Neighborhood Loans, Inc. $145,000 $295,000 103.4% 0.1%
    M&T Bank $355,000 $280,000 -21.1% 0.1%
    ZILLOW HOME LOANS, LLC $275,000 n/a 0.1%
    BMI Federal Credit Union $855,000 $270,000 -68.4% 0.1%
    The Union Bank Company $945,000 $270,000 -71.4% 0.1%
    21ST MORTGAGE CORPORATION $35,000 $265,000 657.1% 0.1%
    The Genoa Banking Company $265,000 n/a 0.1%
    FIRST OHIO HOME FINANCE, INC. $1,070,000 $260,000 -75.7% 0.1%
    Bank of England $215,000 $255,000 18.6% 0.1%
    First Federal Community Bank of Bucyrus $255,000 n/a 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $245,000 n/a 0.1%
    KeyBank $240,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $165,000 $240,000 45.5% 0.1%
    NATIONS DIRECT MORTGAGE, LLC $125,000 $235,000 88.0% 0.1%
    The Old Fort Banking Company $235,000 n/a 0.1%
    USAA Federal Savings Bank $500,000 $235,000 -53.0% 0.1%
    CARDINAL FINANCIAL $850,000 $230,000 -72.9% 0.1%
    First National Bank of Pennsylvania $225,000 $230,000 2.2% 0.1%
    THE VINTON COUNTY NATIONAL BANK $230,000 n/a 0.1%
    GVC MORTGAGE, INC. $165,000 $225,000 36.4% 0.1%
    HOMESIDE FINANCIAL, LLC $1,015,000 $225,000 -77.8% 0.1%
    RAPID MORTGAGE COMPANY $485,000 $225,000 -53.6% 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $345,000 $195,000 -43.5% 0.1%
    RESIDENTIAL BANCORP $195,000 n/a 0.1%
    Baxter Credit Union $190,000 n/a 0.1%
    FIRST ALLIANCE HOME MORTGAGE, LLC $185,000 n/a 0.1%
    First Federal Bank of Ohio $175,000 n/a 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $175,000 n/a 0.1%
    NATIONS RELIABLE LENDING, LLC $255,000 $175,000 -31.4% 0.1%
    RELIANCE FIRST CAPITAL, LLC $970,000 $175,000 -82.0% 0.1%
    Wayne Savings Community Bank $175,000 n/a 0.1%
    EMM LOANS LLC $165,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $345,000 $165,000 -52.2% 0.1%
    HOPEWELL Federal Credit Union $375,000 $160,000 -57.3% 0.1%
    First American Bank $150,000 n/a 0.1%
    Logan Finance Corporation $145,000 n/a 0.1%
    MOVEMENT MORTGAGE, LLC $460,000 $135,000 -70.7% 0.1%
    The Richwood Banking Company $135,000 n/a 0.1%
    Watermark Capital, Inc. $125,000 n/a 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $115,000 n/a 0.0%
    HOMESPIRE MORTGAGE CORPORATION $115,000 n/a 0.0%
    BRIDGE $135,000 $110,000 -18.5% 0.0%
    Plains Commerce Bank $105,000 n/a 0.0%
    SPRING EQ, LLC $165,000 $105,000 -36.4% 0.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $55,000 $105,000 90.9% 0.0%
    WesBanco $4,005,000 $105,000 -97.4% 0.0%
    Bethpage Federal Credit Union $95,000 n/a 0.0%
    Dollar Bank, Federal Savings Bank $285,000 $85,000 -70.2% 0.0%
    SUN Federal Credit Union $55,000 n/a 0.0%
    PENTAGON FEDERAL CREDIT UNION $1,155,000 $35,000 -97.0% 0.0%

    Mount Vernon's top lender by overall market share is The Park National Bank, with 13.8% market share. In second place, with 8.6%, is Heartland Bank, having originated $20,990,000 in loans. In third place, with 6.2%, is The Huntington National Bank, having originated $15,190,000 in loans. In fourth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $11,655,000 in loans. In fifth place, with 4.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $11,305,000 in loans.

    Mount Vernon Housing Market Trends (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 $140,563 (0.9%) $187,948 (1.2%) 0.00 154
    2018-02-01 $142,475 (4.1%) $189,520 (7.2%) 0.00 142
    2018-03-01 $154,950 (6.3%) $202,841 (7.2%) 0.00 161
    2018-04-01 $177,419 (18.5%) $230,938 (21.2%) 0.00 169
    2018-05-01 $179,250 (22.0%) $239,226 (23.8%) 0.00 215
    2018-06-01 $164,950 (17.0%) $230,228 (16.5%) 0.00 221
    2018-07-01 $159,925 (14.3%) $228,947 (14.5%) 0.00 200
    2018-08-01 $163,725 (17.0%) $227,687 (17.9%) 0.00 198
    2018-09-01 $164,950 (19.8%) $232,824 (27.2%) 0.00 201
    2018-10-01 $157,350 (12.5%) $225,115 (23.5%) 0.00 199
    2018-11-01 $156,000 (9.4%) $222,221 (22.6%) 0.00 178
    2018-12-01 $159,200 (11.4%) $215,354 (15.2%) 0.00 160
    2019-01-01 $167,600 (19.2%) $233,945 (24.5%) 0.00 143
    2019-02-01 $162,900 (14.3%) $236,469 (24.8%) 0.00 132
    2019-03-01 $168,086 (8.5%) $239,515 (18.1%) 0.00 150
    2019-04-01 $174,136 (-1.9%) $247,653 (7.2%) 0.00 175
    2019-05-01 $183,738 (2.5%) $244,322 (2.1%) 0.00 199
    2019-06-01 $179,900 (9.1%) $259,507 (12.7%) 0.00 190
    2019-07-01 $188,000 (17.6%) $248,337 (8.5%) 0.00 207
    2019-08-01 $188,164 (14.9%) $254,247 (11.7%) 0.00 192
    2019-09-01 $186,328 (13.0%) $255,960 (9.9%) 0.00 162
    2019-10-01 $184,900 (17.5%) $263,818 (17.2%) 0.00 139
    2019-11-01 $185,000 (18.6%) $274,911 (23.7%) 0.00 138
    2019-12-01 $178,425 (12.1%) $260,842 (21.1%) 0.00 136
    2020-01-01 $173,175 (3.3%) $257,404 (10.0%) 0.00 116
    2020-02-01 $174,950 (7.4%) $259,586 (9.8%) 0.00 93
    2020-03-01 $174,950 (4.1%) $253,400 (5.8%) 0.00 94
    2020-04-01 $165,250 (-5.1%) $248,128 (0.2%) 0.00 99
    2020-05-01 $179,900 (-2.1%) $270,963 (10.9%) 0.00 99
    2020-06-01 $187,400 (4.2%) $288,378 (11.1%) 0.00 76
    2020-07-01 $197,450 (5.0%) $303,778 (22.3%) 0.00 62
    2020-08-01 $181,950 (-3.3%) $328,017 (29.0%) 0.00 45
    2020-09-01 $199,450 (7.0%) $300,101 (17.2%) 0.00 52
    2020-10-01 $188,750 (2.1%) $249,444 (-5.5%) 0.00 48
    2020-11-01 $155,950 (-15.7%) $216,434 (-21.3%) 0.00 56
    2020-12-01 $147,450 (-17.4%) $202,323 (-22.4%) 0.00 39
    2021-01-01 $147,450 (-14.9%) $183,959 (-28.5%) 0.00 31
    2021-02-01 $151,175 (-13.6%) $204,847 (-21.1%) 0.00 22
    2021-03-01 $182,825 (4.5%) $222,535 (-12.2%) 0.00 27
    2021-04-01 $231,950 (40.4%) $295,745 (19.2%) 0.00 29
    2021-05-01 $202,400 (12.5%) $264,288 (-2.5%) 0.00 32
    2021-06-01 $227,450 (21.4%) $299,401 (3.8%) 0.00 40
    2021-07-01 $217,450 (10.1%) $333,485 (9.8%) 0.00 60
    2021-08-01 $247,425 (36.0%) $380,513 (16.0%) 0.00 60
    2021-09-01 $245,169 (22.9%) $372,429 (24.1%) 0.00 67
    2021-10-01 $244,950 (29.8%) $399,420 (60.1%) 0.00 68
    2021-11-01 $227,500 (45.9%) $360,620 (66.6%) 0.00 63
    2021-12-01 $227,450 (54.3%) $343,143 (69.6%) 0.00 52
    2022-01-01 $252,900 (71.5%) $360,421 (95.9%) 0.00 41
    2022-02-01 $253,650 (67.8%) $320,057 (56.2%) 0.00 34
    2022-03-01 $268,363 (46.8%) $291,396 (30.9%) 0.00 39
    2022-04-01 $233,000 (0.5%) $276,511 (-6.5%) 0.00 43
    2022-05-01 $196,950 (-2.7%) $298,070 (12.8%) 0.00 42
    2022-06-01 $246,175 (8.2%) $337,085 (12.6%) 0.00 56
    2022-07-01 $249,900 (14.9%) $357,895 (7.3%) 0.00 58
    2022-08-01 $284,614 (15.0%) $390,323 (2.6%) 0.00 63
    2022-09-01 $322,475 (31.5%) $437,631 (17.5%) 0.00 59
    2022-10-01 $284,950 (16.3%) $433,353 (8.5%) 0.00 66
    2022-11-01 $327,450 (43.9%) $462,396 (28.2%) 0.00 66
    2022-12-01 $264,900 (16.5%) $364,352 (6.2%) 0.00 59
    2023-01-01 $297,425 (17.6%) $373,668 (3.7%) 0.00 61
    2023-02-01 $298,400 (17.6%) $393,655 (23.0%) 0.00 60
    2023-03-01 $317,450 (18.3%) $410,240 (40.8%) 0.00 57
    2023-04-01 $337,000 (44.6%) $450,804 (63.0%) 0.00 55
    2023-05-01 $371,225 (88.5%) $467,580 (56.9%) 0.00 63
    2023-06-01 $381,225 (54.9%) $490,867 (45.6%) 0.00 79
    2023-07-01 $350,000 (40.1%) $436,643 (22.0%) 0.00 78
    2023-08-01 $374,700 (31.7%) $459,523 (17.7%) 0.00 89
    2023-09-01 $350,000 (8.5%) $411,227 (-6.0%) 0.00 93
    2023-10-01 $340,000 (19.3%) $434,161 (0.2%) 0.00 108
    2023-11-01 $332,500 (1.5%) $426,497 (-7.8%) 0.00 100
    2023-12-01 $335,000 (26.5%) $433,482 (19.0%) 0.00 85
    2024-01-01 $338,725 (13.9%) $452,868 (21.2%) 0.00 66
    2024-02-01 $352,925 (18.3%) $471,843 (19.9%) 0.00 66
    2024-03-01 $362,000 (14.0%) $506,517 (23.5%) 0.00 67
    2024-04-01 $399,975 (18.7%) $560,702 (24.4%) 0.00 73
    2024-05-01 $411,225 (10.8%) $591,642 (26.5%) 0.00 82
    2024-06-01 $414,900 (8.8%) $562,961 (14.7%) 0.00 88
    2024-07-01 $324,900 (-7.2%) $414,388 (-5.1%) 0.00 150
    2024-08-01 $347,400 (-7.3%) $479,182 (4.3%) 0.00 120
    2024-09-01 $366,000 (4.6%) $482,805 (17.4%) 0.00 121
    2024-10-01 $372,450 (9.5%) $495,884 (14.2%) 0.00 134
    2024-11-01 $361,000 (8.6%) $448,736 (5.2%) 0.00 128
    Mount Vernon's median listing price for 2024-11-01 was $361,000, a difference of $28,500 (8.6%) versus the prior year and $-11,450 versus the prior month.

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

    Mount Vernon's average listing price for 2024-11-01 was $448,736, a difference of $22,239 (5.2%) versus the prior year and $-47,148 versus the prior month.

    For the 2024-11-01 period, Mount Vernon had 128 MLS listings, a difference of -6 listings (-4%) versus the prior month and 28 listings (28%) 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 1,628 sqft
    2018-02-01 0 days 1,582 sqft
    2018-03-01 0 days 1,680 sqft
    2018-04-01 0 days 1,813 sqft
    2018-05-01 0 days 1,854 sqft
    2018-06-01 0 days 1,852 sqft
    2018-07-01 0 days 1,773 sqft
    2018-08-01 0 days 1,720 sqft
    2018-09-01 0 days 1,771 sqft
    2018-10-01 0 days 1,768 sqft
    2018-11-01 0 days 1,728 sqft
    2018-12-01 0 days 1,680 sqft
    2019-01-01 0 days 1,680 sqft
    2019-02-01 0 days 1,676 sqft
    2019-03-01 0 days 1,697 sqft
    2019-04-01 0 days 1,728 sqft
    2019-05-01 0 days 1,806 sqft
    2019-06-01 0 days 1,870 sqft
    2019-07-01 0 days 1,806 sqft
    2019-08-01 0 days 1,845 sqft
    2019-09-01 0 days 1,901 sqft
    2019-10-01 0 days 1,944 sqft
    2019-11-01 0 days 1,943 sqft
    2019-12-01 0 days 1,830 sqft
    2020-01-01 0 days 1,861 sqft
    2020-02-01 0 days 1,845 sqft
    2020-03-01 0 days 1,712 sqft
    2020-04-01 0 days 1,801 sqft
    2020-05-01 0 days 1,845 sqft
    2020-06-01 0 days 1,887 sqft
    2020-07-01 0 days 1,740 sqft
    2020-08-01 0 days 1,890 sqft
    2020-09-01 0 days 1,862 sqft
    2020-10-01 0 days 1,709 sqft
    2020-11-01 0 days 1,604 sqft
    2020-12-01 0 days 1,588 sqft
    2021-01-01 0 days 1,656 sqft
    2021-02-01 0 days 1,417 sqft
    2021-03-01 0 days 1,587 sqft
    2021-04-01 0 days 2,228 sqft
    2021-05-01 0 days 1,767 sqft
    2021-06-01 0 days 1,852 sqft
    2021-07-01 0 days 1,821 sqft
    2021-08-01 0 days 1,883 sqft
    2021-09-01 0 days 1,976 sqft
    2021-10-01 0 days 2,033 sqft
    2021-11-01 0 days 2,088 sqft
    2021-12-01 0 days 1,926 sqft
    2022-01-01 0 days 1,887 sqft
    2022-02-01 0 days 1,784 sqft
    2022-03-01 0 days 1,859 sqft
    2022-04-01 0 days 1,985 sqft
    2022-05-01 0 days 1,705 sqft
    2022-06-01 0 days 1,892 sqft
    2022-07-01 0 days 1,813 sqft
    2022-08-01 0 days 1,877 sqft
    2022-09-01 0 days 1,925 sqft
    2022-10-01 0 days 1,925 sqft
    2022-11-01 0 days 2,085 sqft
    2022-12-01 0 days 1,681 sqft
    2023-01-01 0 days 1,796 sqft
    2023-02-01 0 days 1,890 sqft
    2023-03-01 0 days 2,073 sqft
    2023-04-01 0 days 2,008 sqft
    2023-05-01 0 days 2,190 sqft
    2023-06-01 0 days 2,232 sqft
    2023-07-01 0 days 2,217 sqft
    2023-08-01 0 days 2,285 sqft
    2023-09-01 0 days 2,128 sqft
    2023-10-01 0 days 2,033 sqft
    2023-11-01 0 days 1,964 sqft
    2023-12-01 0 days 1,865 sqft
    2024-01-01 0 days 1,874 sqft
    2024-02-01 0 days 2,113 sqft
    2024-03-01 0 days 2,115 sqft
    2024-04-01 0 days 2,196 sqft
    2024-05-01 0 days 2,192 sqft
    2024-06-01 0 days 2,058 sqft
    2024-07-01 0 days 2,032 sqft
    2024-08-01 0 days 1,940 sqft
    2024-09-01 0 days 1,975 sqft
    2024-10-01 0 days 2,012 sqft
    2024-11-01 0 days 1,838 sqft
    Mount Vernon's median listing age (time on market) for 2024-11-01 was 0 days.

    Mount Vernon's median square footage for active listings during the 2024-11-01 period was 1,838 sqft. One year prior, the average listing was 1,964 sqft.

    Mount Vernon, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 642 $170,750,000 $265,966
    Cash Out Refi 188 $30,420,000 $161,809
    Home Improvement 180 $14,110,000 $78,389
    Other 154 $13,500,000 $87,662
    Refi 114 $14,790,000 $129,737

    Mount Vernon's most frequently cited loan purpose was Home Purchase, with 642 originations. The 2nd most popular reason was Cash Out Refi, with 188 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 412 $91,140,000 $221,214
    7-8% 383 $88,975,000 $232,311
    Over 8% 308 $29,410,000 $95,487
    5-6% 105 $24,565,000 $233,952
    4-5% 7 $2,535,000 $362,143
    <2.5% 5 $145,000 $29,000
    3-4% 5 $445,000 $89,000

    During 2023, Mount Vernon's most frequently originated rate bucket was 6-7%, with 412 originations.

    Loan Sizing (Mount Vernon, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 453 $66,615,000 $147,053
    $100,000 or less 407 $22,835,000 $56,106
    $200k-400k 333 $90,145,000 $270,706
    $400k-600k 59 $27,085,000 $459,068
    $600k-1000k 22 $14,800,000 $672,727
    $Over $1MM 4 $22,090,000 $5,522,500

    Mount Vernon's loan sizing saw the bucket of loans from $100k-200k with 453 originations, totaling $66,615,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 429 $102,555,000 $239,056
    60-80% 244 $76,970,000 $315,451
    20-40% 218 $21,020,000 $96,422
    Under 20% 187 $8,735,000 $46,711
    40-60% 114 $19,840,000 $174,035
    Over 100% 12 $3,910,000 $325,833

    Mount Vernon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 429 originations, totaling $102,555,000 in origination value.