OWENSBORO Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Owensboro averaged 6.73% for the week of 2024-05-16, compared to the national average of 7.02% for the same period.

The average rate for the prior week (2024-05-09) was 7% and one month ago for the week of 2024-04-11, the average rate was 6.99%.

Owensboro's average rate one year ago was 6.36%.

For refis of the same type during the week of 2024-05-16, the average rate was 7.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-16 7.02%
Owensboro 30 Year Fixed Rate 2024-05-16 6.73%
Owensboro 30 Year Fixed Rate Refi 2024-05-16 7.22%
Owensboro 15 Year Fixed Rate 2024-05-16 6.08%
Owensboro 15 Year Fixed Rate Refi 2024-05-16 6.48%
Owensboro 30 Year FHA 2024-05-16 6.75%
Owensboro 30 Year FHA Refi 2024-05-16 6.84%
Owensboro 30 Year USDA 2024-05-16 6.85%
Owensboro 30 Year USDA Refi 2024-05-16 6.95%
Owensboro 30 Year VA 2024-05-16 6.44%
Owensboro 30 Year VA Refi 2024-05-16 6.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within OWENSBORO, KY.

OWENSBORO 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 OWENSBORO, 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
EVANSVILLE TEACHERS 260 6.65% $3,261
Independence Bank of Kentucky 50 6.44% $2,372
U.S. Bank 36 6.79% $3,362
Old National Bank 33 6.58% $3,155
QUICKEN LOANS, LLC 33 6.76% $5,189
UNITED WHOLESALE MORTGAGE, LLC 19 7.11% $6,471
German American Bank 18 6.63% $3,130
RUOFF MORTGAGE COMPANY, INC. 16 6.49% $3,267
THRIVE MORTGAGE, LLC 16 6.49% $4,713
HOMESIDE FINANCIAL, LLC 14 7.05% $4,183
Farm Credit Mid-America, ACA 13 7.26% $5,703
Truist 13 6.80% $3,278
SOUTH CENTRAL BANK, INC. 12 6.67% $2,757
JPMorgan Chase Bank 12 6.42% $4,432
First Federal Savings Bank 9 5.61% $3,342
CHURCHILL MORTGAGE CORPORATION 7 7.21% $4,156
Fifth Third Bank 6 6.83% $3,524
LEADERONE FINANCIAL CORPORATION 4 6.62% $4,054
FBC MORTGAGE, LLC 4 6.06% $4,414
MOVEMENT MORTGAGE, LLC 4 6.75% $5,257
EVERETT FINANCIAL, INC. 4 6.66% $7,697
Heritage Federal Credit Union 3 7.42% $3,031
PNC Bank 3 6.75% $3,662
First Financial Bank 3 7.46% $3,636
Abound Federal Credit Union 3 6.63% $3,083
STOCKTON MORTGAGE CORPORATION 3 7.42% $4,331
TRANSCEND 3 6.17% $0
Bank of England 3 7.33% $4,963
MORTGAGE MASTERS OF INDIANA, INC. 3 6.25% $3,529
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.31% $4,172
BROKER SOLUTIONS, INC. 2 7.38% $6,069
Northpointe Bank 2 8.25% $5,446
DAS Acquisition Company, LLC 2 7.06% $4,353
NAVY FEDERAL CREDIT UNION 2 7.25% $4,066
Mortgage Research Center, LLC 2 6.12% $3,249
PLAZA HOME MORTGAGE, INC. 2 7.00% $6,719
FIRST COMMUNITY MORTGAGE, INC. 2 7.06% $3,540
CROSSCOUNTRY MORTGAGE, LLC 2 7.16% $4,172
1786 1 6.50% $6,947
Whitaker Bank 1 5.88% $1,282
Ally Bank 1 5.88% $5,604
AMERICAN FINANCIAL NETWORK, INC. 1 6.25% $6,302
BancorpSouth 1 5.28% $3,981
CARDINAL FINANCIAL 1 6.38% $8,913
Cf Bank 1 6.50% $3,823
Citizens Bank 1 6.88% $3,439
CMG MORTGAGE, INC. 1 7.75% $5,122
DEEPHAVEN MORTGAGE LLC 1 7.99% $12,674
FAIR WAY LENDING LLC 1 5.88% $3,351
FirstBank 1 6.38% $5,765
GoPrime Mortgage, Inc. 1 6.50% $3,323
LIBERTY HOME MORTGAGE CORPORATION 1 7.50% $7,316
LOANDEPOT.COM, LLC 1 6.25% $6,399
Magnolia Bank 1 7.00% $6,111
Morgan Stanley Private Bank 1 5.90% $3,451
Mr. Cooper ( Nationstar Mortgage ) 1 7.49% $3,263
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $4,381
NEWREZ LLC 1 8.13% $6,690
North American Savings Bank, F.S.B. 1 8.63% $1,974
Northwest Federal Credit Union 1 7.63% $1,947
Paramount Residential Mortgage Group, Inc. 1 7.63% $9,466
Plains Commerce Bank 1 6.88% $3,849
PLANET HOME LENDING, LLC 1 6.63% $3,563
PREMIA MORTGAGE, LLC 1 7.58% $0
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.50% $3,675
Prosperity Home Mortgage, LLC 1 8.63% $4,809
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.38% $3,942
Regions Bank 1 7.50% $3,118
ROYAL UNITED MORTGAGE LLC 1 7.50% $4,398
Strong Home Mortgage, LLC 1 6.38% $6,534
The Cecilian Bank 1 6.26% $978
The Central Trust Bank 1 6.88% $3,078
TOTAL MORTGAGE SERVICES, LLC 1 8.63% $3,091
USAA Federal Savings Bank 1 6.13% $2,861
U S WIDE FINANCIAL LLC 1 6.50% $1,473
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.25% $5,684
WesBanco 1 6.75% $4,022

OWENSBORO Average Closing Costs & Other Stats

OWENSBORO, KY's 77 lenders originated 2,383 loans during 2023. The total origination value was $363,545,000, with an average loan value of $152,558.

OWENSBORO's average closing costs are $3,970.

The top OWENSBORO lender as defined by loan originations is EVANSVILLE TEACHERS, with 260 loans originated. Their average total fees are $3,261, which is $888 higher than the next largest lender, Independence Bank of Kentucky.

The lowest fee OWENSBORO lenders (with over 10 loans originated) are Independence Bank of Kentucky ($2,372), SOUTH CENTRAL BANK, INC. ($2,757), German American Bank ($3,130), Old National Bank ($3,155) and EVANSVILLE TEACHERS ($3,261).

The lowest rate OWENSBORO lenders (with over 10 loans originated) are JPMorgan Chase Bank (6.42%), Independence Bank of Kentucky (6.44%), RUOFF MORTGAGE COMPANY, INC. (6.49%), THRIVE MORTGAGE, LLC (6.49%) and Old National Bank (6.58%).

OWENSBORO, 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
EVANSVILLE TEACHERS $145,740,000 $107,920,000 -26.0% 29.7%
Independence Bank of Kentucky $56,045,000 $35,060,000 -37.4% 9.6%
Old National Bank $26,995,000 $19,885,000 -26.3% 5.5%
German American Bank $21,475,000 $17,020,000 -20.7% 4.7%
QUICKEN LOANS, LLC $17,925,000 $15,355,000 -14.3% 4.2%
U.S. Bank $30,090,000 $14,925,000 -50.4% 4.1%
FBC MORTGAGE, LLC $24,385,000 $12,060,000 -50.5% 3.3%
SOUTH CENTRAL BANK, INC. $14,605,000 $11,635,000 -20.3% 3.2%
RUOFF MORTGAGE COMPANY, INC. $20,940,000 $10,855,000 -48.2% 3.0%
UNITED WHOLESALE MORTGAGE, LLC $14,340,000 $9,045,000 -36.9% 2.5%
Mortgage Research Center, LLC $7,520,000 $6,610,000 -12.1% 1.8%
Truist $7,705,000 $6,475,000 -16.0% 1.8%
HOMESIDE FINANCIAL, LLC $1,530,000 $4,575,000 199.0% 1.3%
Fifth Third Bank $11,995,000 $4,275,000 -64.4% 1.2%
JPMorgan Chase Bank $5,845,000 $3,810,000 -34.8% 1.0%
Farm Credit Mid-America, ACA $8,850,000 $3,745,000 -57.7% 1.0%
Limestone Bank, Inc. $2,265,000 $3,490,000 54.1% 1.0%
First Federal Savings Bank $550,000 $2,860,000 420.0% 0.8%
CHURCHILL MORTGAGE CORPORATION $585,000 $2,445,000 317.9% 0.7%
THRIVE MORTGAGE, LLC $425,000 $2,420,000 469.4% 0.7%
Owensboro Federal Credit Union $2,360,000 n/a 0.6%
PNC Bank $4,620,000 $2,250,000 -51.3% 0.6%
EVERETT FINANCIAL, INC. $10,400,000 $2,095,000 -79.9% 0.6%
Farmers Bank and Trust Company $1,165,000 $2,075,000 78.1% 0.6%
NAVY FEDERAL CREDIT UNION $1,105,000 $2,020,000 82.8% 0.6%
USAA Federal Savings Bank $2,380,000 $1,910,000 -19.7% 0.5%
Bank of England $2,725,000 $1,740,000 -36.1% 0.5%
Heritage Federal Credit Union $2,705,000 $1,725,000 -36.2% 0.5%
Carrington Mortgage Services, LLC $1,425,000 $1,570,000 10.2% 0.4%
TOP FLITE FINANCIAL, INC. $3,545,000 $1,490,000 -58.0% 0.4%
PENNYMAC LOAN SERVICES, LLC $3,010,000 $1,385,000 -54.0% 0.4%
LEADERONE FINANCIAL CORPORATION $1,360,000 n/a 0.4%
STOCKTON MORTGAGE CORPORATION $945,000 $1,345,000 42.3% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $195,000 $1,285,000 559.0% 0.4%
First Financial Bank $55,000 $1,265,000 2,200.0% 0.3%
MOVEMENT MORTGAGE, LLC $7,780,000 $1,265,000 -83.7% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,075,000 $1,225,000 14.0% 0.3%
BROKER SOLUTIONS, INC. $980,000 $1,160,000 18.4% 0.3%
The Sacramento Deposit Bank $2,500,000 $1,160,000 -53.6% 0.3%
AMERISAVE MORTGAGE CORPORATION $2,735,000 $1,125,000 -58.9% 0.3%
FREEDOM MORTGAGE CORPORATION $2,275,000 $1,115,000 -51.0% 0.3%
NEW DAY FINANCIAL, LLC $315,000 $1,100,000 249.2% 0.3%
MORTGAGE MASTERS OF INDIANA, INC. $1,295,000 $1,040,000 -19.7% 0.3%
Abound Federal Credit Union $155,000 $880,000 467.7% 0.2%
FIELD & MAIN BANK, INC. $755,000 $865,000 14.6% 0.2%
Peoples Bank $855,000 n/a 0.2%
Paramount Residential Mortgage Group, Inc. $245,000 $810,000 230.6% 0.2%
Plains Commerce Bank $135,000 $785,000 481.5% 0.2%
A&D Mortgage LLC $775,000 n/a 0.2%
TRANSCEND $135,000 $725,000 437.0% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $2,175,000 $715,000 -67.1% 0.2%
Magnolia Bank $530,000 $690,000 30.2% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $450,000 $645,000 43.3% 0.2%
CARDINAL FINANCIAL $1,200,000 $620,000 -48.3% 0.2%
Morgantown Bank & Trust Company, Incorporated $185,000 $595,000 221.6% 0.2%
21ST MORTGAGE CORPORATION $1,370,000 $540,000 -60.6% 0.1%
LOANDEPOT.COM, LLC $2,975,000 $540,000 -81.8% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $565,000 $525,000 -7.1% 0.1%
Discover Bank $125,000 $520,000 316.0% 0.1%
PREMIA MORTGAGE, LLC $345,000 $510,000 47.8% 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,380,000 $485,000 -79.6% 0.1%
NEWREZ LLC $275,000 $485,000 76.4% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $185,000 $485,000 162.2% 0.1%
1ST SIGNATURE LENDING, LLC $205,000 $450,000 119.5% 0.1%
Bank of Edmonson County $155,000 $425,000 174.2% 0.1%
BancorpSouth $405,000 n/a 0.1%
The Cecilian Bank $515,000 $395,000 -23.3% 0.1%
DAS Acquisition Company, LLC $380,000 n/a 0.1%
Citizens Bank $1,855,000 $375,000 -79.8% 0.1%
PLAZA HOME MORTGAGE, INC. $370,000 n/a 0.1%
FirstBank $105,000 $360,000 242.9% 0.1%
First Federal Bank $355,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $65,000 $350,000 438.5% 0.1%
Century Mortgage Company DBA Century Lending Company $330,000 n/a 0.1%
Cf Bank $305,000 n/a 0.1%
LOANFLIGHT LENDING, LLC $305,000 n/a 0.1%
DEEPHAVEN MORTGAGE LLC $295,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $270,000 $280,000 3.7% 0.1%
CMG MORTGAGE, INC. $225,000 $275,000 22.2% 0.1%
Prosperity Home Mortgage, LLC $275,000 n/a 0.1%
Morgan Stanley Private Bank $265,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $265,000 n/a 0.1%
Whitaker Bank $55,000 $265,000 381.8% 0.1%
North American Savings Bank, F.S.B. $615,000 $255,000 -58.5% 0.1%
Northwest Federal Credit Union $235,000 $245,000 4.3% 0.1%
University Bank $245,000 n/a 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $690,000 $235,000 -65.9% 0.1%
AMWEST FUNDING CORP. $1,025,000 $235,000 -77.1% 0.1%
WesBanco $270,000 $235,000 -13.0% 0.1%
Northpointe Bank $465,000 $230,000 -50.5% 0.1%
Republic Bank & Trust Company $590,000 $225,000 -61.9% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $215,000 n/a 0.1%
ROSS MORTGAGE CORPORATION $215,000 n/a 0.1%
Franklin Loan Corporation $205,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $205,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $4,400,000 $205,000 -95.3% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.1%
FIRST MORTGAGE COMPANY, INC. $195,000 n/a 0.1%
First Southern National Bank $160,000 $195,000 21.9% 0.1%
1786 $185,000 n/a 0.1%
EQUITY RESOURCES, INC. $185,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $185,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $330,000 $185,000 -43.9% 0.1%
Servion, Inc. $255,000 $185,000 -27.5% 0.1%
SOUTHWEST STAGE FUNDING, LLC $185,000 n/a 0.1%
The Central Trust Bank $185,000 n/a 0.1%
Wells Fargo Bank $2,025,000 $185,000 -90.9% 0.1%
Barrington Bank & Trust Company, N.A. $360,000 $165,000 -54.2% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $155,000 n/a 0.0%
MORTGAGE INVESTORS GROUP, INC. $155,000 n/a 0.0%
Union Savings Bank $155,000 n/a 0.0%
Equity Prime Mortgage LLC $650,000 $150,000 -76.9% 0.0%
DIAMOND VALLEY $145,000 n/a 0.0%
GoPrime Mortgage, Inc. $145,000 n/a 0.0%
The First National Bank of Carmi $145,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $350,000 $135,000 -61.4% 0.0%
Park Lane Finance Solutions, LLC $250,000 $130,000 -48.0% 0.0%
Ally Bank $495,000 $115,000 -76.8% 0.0%
BM Real Estate Services, Inc. $115,000 n/a 0.0%
Coastal Community Bank $115,000 n/a 0.0%
LENDINGONE, LLC $115,000 n/a 0.0%
City National Bank of West Virginia $105,000 n/a 0.0%
M&T Bank $280,000 $105,000 -62.5% 0.0%
Peoples Bank $105,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $95,000 n/a 0.0%
FAIR WAY LENDING LLC $95,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $95,000 n/a 0.0%
OPEN MORTGAGE, LLC $35,000 $95,000 171.4% 0.0%
Regions Bank $95,000 n/a 0.0%
Strong Home Mortgage, LLC $95,000 n/a 0.0%
PLANET HOME LENDING, LLC $315,000 $85,000 -73.0% 0.0%
TOTAL MORTGAGE SERVICES, LLC $85,000 n/a 0.0%
TOWER $85,000 n/a 0.0%
U S WIDE FINANCIAL LLC $85,000 n/a 0.0%
Bank of America $760,000 $80,000 -89.5% 0.0%
Central Bank $935,000 $65,000 -93.0% 0.0%
SPRING EQ, LLC $75,000 $55,000 -26.7% 0.0%
TRIAD FINANCIAL SERVICES, INC. $195,000 $55,000 -71.8% 0.0%
Flagstar Bank, FSB $200,000 $50,000 -75.0% 0.0%
PENTAGON FEDERAL CREDIT UNION $45,000 n/a 0.0%
UNIVERSITY OF KENTUCKY $140,000 $45,000 -67.9% 0.0%
Stock Yards Bank & Trust Company $235,000 $35,000 -85.1% 0.0%

OWENSBORO's top lender by overall market share is EVANSVILLE TEACHERS, with 29.7% market share. In second place, with 9.6%, is Independence Bank of Kentucky, having originated $35,060,000 in loans. In third place, with 5.5%, is Old National Bank, having originated $19,885,000 in loans. In fourth place, with 4.7%, is German American Bank, having originated $17,020,000 in loans. In fifth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $15,355,000 in loans.


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

Realtor.com - OWENSBORO (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 $176,647 (10.8%) $249,354 (24.7%) 0.00 288
2018-02-01 $176,981 (7.3%) $252,789 (27.8%) 0.00 281
2018-03-01 $174,900 (2.9%) $244,957 (22.0%) 0.00 273
2018-04-01 $178,450 (0.9%) $248,989 (17.6%) 0.00 280
2018-05-01 $178,611 (-2.1%) $252,062 (8.3%) 0.00 281
2018-06-01 $184,900 (6.9%) $323,747 (40.0%) 0.00 301
2018-07-01 $184,900 (7.2%) $315,937 (30.3%) 0.00 326
2018-08-01 $183,400 (0.7%) $308,756 (25.2%) 0.00 346
2018-09-01 $179,950 (5.9%) $305,363 (27.6%) 0.00 347
2018-10-01 $182,400 (9.0%) $301,713 (25.2%) 0.00 358
2018-11-01 $179,900 (9.1%) $298,575 (25.9%) 0.00 357
2018-12-01 $179,900 (9.1%) $306,610 (29.2%) 0.00 318
2019-01-01 $179,560 (1.7%) $311,862 (25.1%) 0.00 302
2019-02-01 $179,911 (1.7%) $310,220 (22.7%) 0.00 290
2019-03-01 $194,543 (11.2%) $321,970 (31.4%) 0.00 272
2019-04-01 $208,700 (17.0%) $336,297 (35.1%) 0.00 262
2019-05-01 $209,725 (17.4%) $327,032 (29.7%) 0.00 262
2019-06-01 $199,900 (8.1%) $321,147 (-0.8%) 0.00 288
2019-07-01 $185,450 (0.3%) $311,611 (-1.4%) 0.00 318
2019-08-01 $186,191 (1.5%) $289,506 (-6.2%) 0.00 323
2019-09-01 $188,052 (4.5%) $260,826 (-14.6%) 0.00 319
2019-10-01 $187,043 (2.6%) $237,863 (-21.2%) 0.00 319
2019-11-01 $179,900 (0.0%) $234,987 (-21.3%) 0.00 312
2019-12-01 $184,900 (2.8%) $237,181 (-22.6%) 0.00 285
2020-01-01 $179,900 (0.2%) $235,181 (-24.6%) 0.00 261
2020-02-01 $186,125 (3.5%) $311,998 (0.6%) 0.00 240
2020-03-01 $177,300 (-8.9%) $307,151 (-4.6%) 0.00 231
2020-04-01 $176,450 (-15.5%) $320,182 (-4.8%) 0.00 215
2020-05-01 $189,453 (-9.7%) $360,468 (10.2%) 0.00 154
2020-06-01 $204,524 (2.3%) $381,550 (18.8%) 0.00 139
2020-07-01 $198,975 (7.3%) $375,026 (20.4%) 0.00 144
2020-08-01 $189,500 (1.8%) $357,732 (23.6%) 0.00 161
2020-09-01 $186,953 (-0.6%) $346,784 (33.0%) 0.00 171
2020-10-01 $189,900 (1.5%) $349,454 (46.9%) 0.00 168
2020-11-01 $191,900 (6.7%) $355,545 (51.3%) 0.00 161
2020-12-01 $190,550 (3.1%) $357,838 (50.9%) 0.00 148
2021-01-01 $193,700 (7.7%) $245,967 (4.6%) 0.00 144
2021-02-01 $194,200 (4.3%) $261,590 (-16.2%) 0.00 116
2021-03-01 $189,800 (7.1%) $252,412 (-17.8%) 0.00 109
2021-04-01 $177,200 (0.4%) $246,955 (-22.9%) 0.00 119
2021-05-01 $199,900 (5.5%) $300,932 (-16.5%) 0.00 104
2021-06-01 $205,400 (0.4%) $285,759 (-25.1%) 0.00 112
2021-07-01 $189,900 (-4.6%) $269,648 (-28.1%) 0.00 130
2021-08-01 $199,925 (5.5%) $262,782 (-26.5%) 0.00 140
2021-09-01 $202,650 (8.4%) $266,914 (-23.0%) 0.00 152
2021-10-01 $199,000 (4.8%) $271,695 (-22.3%) 0.00 136
2021-11-01 $173,150 (-9.8%) $278,097 (-21.8%) 0.00 128
2021-12-01 $196,700 (3.2%) $273,001 (-23.7%) 0.00 130
2022-01-01 $189,500 (-2.2%) $266,264 (8.3%) 0.00 112
2022-02-01 $178,200 (-8.2%) $257,300 (-1.6%) 0.00 102
2022-03-01 $199,900 (5.3%) $263,249 (4.3%) 0.00 102
2022-04-01 $209,500 (18.2%) $277,311 (12.3%) 0.00 97
2022-05-01 $242,400 (21.3%) $294,812 (-2.0%) 0.00 128
2022-06-01 $246,175 (19.9%) $292,614 (2.4%) 0.00 154
2022-07-01 $259,900 (36.9%) $305,176 (13.2%) 0.00 177
2022-08-01 $257,049 (28.6%) $309,211 (17.7%) 0.00 180
2022-09-01 $242,500 (19.7%) $298,823 (12.0%) 0.00 196
2022-10-01 $234,900 (18.0%) $298,299 (9.8%) 0.00 201
2022-11-01 $234,900 (35.7%) $298,987 (7.5%) 0.00 237
2022-12-01 $237,700 (20.8%) $349,135 (27.9%) 0.00 242
2023-01-01 $254,550 (34.3%) $353,703 (32.8%) 0.00 231
2023-02-01 $254,725 (42.9%) $358,280 (39.3%) 0.00 213
2023-03-01 $260,350 (30.2%) $380,004 (44.4%) 0.00 180
2023-04-01 $274,000 (30.8%) $405,666 (46.3%) 0.00 161
2023-05-01 $272,875 (12.6%) $404,964 (37.4%) 0.00 161
2023-06-01 $274,950 (11.7%) $330,794 (13.1%) 0.00 177
2023-07-01 $269,000 (3.5%) $320,568 (5.0%) 0.00 183
2023-08-01 $263,825 (2.6%) $311,867 (0.9%) 0.00 196
2023-09-01 $260,000 (7.2%) $307,473 (2.9%) 0.00 211
2023-10-01 $262,400 (11.7%) $303,982 (1.9%) 0.00 231
2023-11-01 $266,150 (13.3%) $296,060 (-1.0%) 0.00 237
2023-12-01 $250,000 (5.2%) $291,919 (-16.4%) 0.00 234
2024-01-01 $269,800 (6.0%) $360,495 (1.9%) 0.00 199
2024-02-01 $277,350 (8.9%) $382,661 (6.8%) 0.00 195
2024-03-01 $279,900 (7.5%) $384,605 (1.2%) 0.00 185
2024-04-01 $269,450 (-1.7%) $362,369 (-10.7%) 0.00 187
OWENSBORO's median listing price for 2024-04-01 was $269,450, a difference of $-4,550 (-1.7%) versus the prior year and $-10,450 versus the prior month.

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

OWENSBORO's average listing price for 2024-04-01 was $362,369, a difference of $-43,297 (-10.7%) versus the prior year and $-22,236 versus the prior month.

For the 2024-04-01 period, OWENSBORO had 187 MLS listings, a difference of 2 listings (1%) versus the prior month and 26 listings (16%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - OWENSBORO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,909 sqft
2018-02-01 0 days 1,894 sqft
2018-03-01 0 days 1,875 sqft
2018-04-01 0 days 1,933 sqft
2018-05-01 0 days 1,961 sqft
2018-06-01 0 days 1,964 sqft
2018-07-01 0 days 1,950 sqft
2018-08-01 0 days 1,962 sqft
2018-09-01 0 days 1,966 sqft
2018-10-01 0 days 1,940 sqft
2018-11-01 0 days 1,940 sqft
2018-12-01 0 days 1,946 sqft
2019-01-01 0 days 1,860 sqft
2019-02-01 0 days 1,898 sqft
2019-03-01 0 days 2,017 sqft
2019-04-01 0 days 2,142 sqft
2019-05-01 0 days 2,032 sqft
2019-06-01 0 days 2,080 sqft
2019-07-01 0 days 1,982 sqft
2019-08-01 0 days 1,925 sqft
2019-09-01 0 days 1,843 sqft
2019-10-01 0 days 1,769 sqft
2019-11-01 0 days 1,704 sqft
2019-12-01 0 days 1,694 sqft
2020-01-01 0 days 1,697 sqft
2020-02-01 0 days 1,835 sqft
2020-03-01 0 days 1,696 sqft
2020-04-01 0 days 1,690 sqft
2020-05-01 0 days 1,814 sqft
2020-06-01 0 days 1,824 sqft
2020-07-01 0 days 1,916 sqft
2020-08-01 0 days 1,764 sqft
2020-09-01 0 days 1,740 sqft
2020-10-01 0 days 1,772 sqft
2020-11-01 0 days 1,776 sqft
2020-12-01 0 days 1,770 sqft
2021-01-01 0 days 1,747 sqft
2021-02-01 0 days 1,777 sqft
2021-03-01 0 days 1,715 sqft
2021-04-01 0 days 1,659 sqft
2021-05-01 0 days 1,698 sqft
2021-06-01 0 days 1,679 sqft
2021-07-01 0 days 1,596 sqft
2021-08-01 0 days 1,659 sqft
2021-09-01 0 days 1,666 sqft
2021-10-01 0 days 1,630 sqft
2021-11-01 0 days 1,599 sqft
2021-12-01 0 days 1,551 sqft
2022-01-01 0 days 1,515 sqft
2022-02-01 0 days 1,555 sqft
2022-03-01 0 days 1,612 sqft
2022-04-01 0 days 1,739 sqft
2022-05-01 0 days 1,814 sqft
2022-06-01 0 days 1,813 sqft
2022-07-01 0 days 1,892 sqft
2022-08-01 0 days 1,899 sqft
2022-09-01 0 days 1,730 sqft
2022-10-01 0 days 1,683 sqft
2022-11-01 0 days 1,699 sqft
2022-12-01 0 days 1,700 sqft
2023-01-01 0 days 1,768 sqft
2023-02-01 0 days 1,798 sqft
2023-03-01 0 days 1,800 sqft
2023-04-01 0 days 1,788 sqft
2023-05-01 0 days 1,800 sqft
2023-06-01 0 days 1,845 sqft
2023-07-01 0 days 1,803 sqft
2023-08-01 0 days 1,783 sqft
2023-09-01 0 days 1,803 sqft
2023-10-01 0 days 1,806 sqft
2023-11-01 0 days 1,723 sqft
2023-12-01 0 days 1,686 sqft
2024-01-01 0 days 1,719 sqft
2024-02-01 0 days 1,798 sqft
2024-03-01 0 days 1,800 sqft
2024-04-01 0 days 1,732 sqft
OWENSBORO's median listing age (time on market) for 2024-04-01 was 0 days.

OWENSBORO's median square footage for active listings during the 2024-04-01 period was 1,732 sqft. One year prior, the average listing was 1,788 sqft.

OWENSBORO, KY Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
42301 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
42302 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
42303 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
42304 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
42322 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
42327 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
42330 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
42343 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
42348 Owensboro, KY MSA $610 $620 $810 $1,070 $1,090
42350 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
42351 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
42352 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
42355 Owensboro, KY MSA $570 $580 $760 $1,000 $1,030
42356 Owensboro, KY MSA $710 $710 $940 $1,240 $1,260
42364 Owensboro, KY MSA $620 $620 $820 $1,080 $1,100
42366 Owensboro, KY MSA $690 $690 $910 $1,200 $1,220
42368 Owensboro, KY MSA $590 $590 $780 $1,030 $1,050
42371 Owensboro, KY MSA $590 $590 $770 $1,020 $1,040
42372 Owensboro, KY MSA $560 $580 $760 $1,000 $1,030
42376 Owensboro, KY MSA $690 $690 $910 $1,200 $1,220
42378 Owensboro, KY MSA $590 $590 $780 $1,030 $1,050

2022 Average & Median Rent Data Statistics
OWENSBORO, KY average 1BR rent: $632, median: $620
OWENSBORO, KY average 2BR rent: $833, median: $820
OWENSBORO, KY average 3BR rent: $1,099, median: $1,080

OWENSBORO, KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,318 $259,090,000 $196,578
Cash Out Refi 368 $34,820,000 $94,620
Refi 264 $35,260,000 $133,561
Other 236 $20,750,000 $87,924
Home Improvement 197 $13,625,000 $69,162

Owensboro's most frequently cited loan purpose was Home Purchase, with 1,318 originations. The 2nd most popular reason was Cash Out Refi, with 368 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 909 $161,695,000 $177,882
7-8% 549 $82,645,000 $150,537
Over 8% 447 $33,175,000 $74,217
5-6% 271 $53,875,000 $198,801
<2.5% 49 $4,525,000 $92,347
4-5% 35 $10,265,000 $293,286
3-4% 18 $660,000 $36,667
2.5-3% 1 $85,000 $85,000

During 2023, Owensboro's most frequently originated rate bucket was 6-7%, with 909 originations.

Loan Sizing (OWENSBORO, KY MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 917 $48,645,000 $53,048
$100k-200k 883 $129,685,000 $146,869
$200k-400k 507 $135,575,000 $267,406
$400k-600k 52 $24,210,000 $465,577
$600k-1000k 18 $13,590,000 $755,000
$Over $1MM 6 $11,840,000 $1,973,333

OWENSBORO's loan sizing saw the bucket of loans from $100,000 or less with 917 originations, totaling $48,645,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 888 $184,710,000 $208,007
60-80% 439 $82,725,000 $188,440
Under 20% 377 $15,655,000 $41,525
20-40% 356 $30,400,000 $85,393
40-60% 196 $28,290,000 $144,337
Over 100% 21 $4,865,000 $231,667

OWENSBORO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 888 originations, totaling $184,710,000 in origination value.