Paducah 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 Paducah averaged 6.65% 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 6.74% and one month ago for the week of 2024-11-07, the average rate was 6.74%.

    Paducah's average rate one year ago was 7.28%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Paducah 30 Year Fixed Rate 2024-12-12 6.65%
    Paducah 30 Year Fixed Rate Refi 2024-12-12 6.9%
    Paducah 15 Year Fixed Rate 2024-12-12 5.64%
    Paducah 15 Year Fixed Rate Refi 2024-12-12 5.84%
    Paducah 30 Year FHA 2024-12-12 6.23%
    Paducah 30 Year FHA Refi 2024-12-12 6.28%
    Paducah 30 Year USDA 2024-12-12 6.5%
    Paducah 30 Year USDA Refi 2024-12-12 6.1%
    Paducah 30 Year VA 2024-12-12 6.48%
    Paducah 30 Year VA Refi 2024-12-12 5.98%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Paducah, KY-IL.

    Paducah 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 Paducah, KY-IL 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
    Independence Bank of Kentucky 36 6.50% $2,816
    QUICKEN LOANS, LLC 35 6.91% $5,427
    U.S. Bank 32 6.88% $3,612
    GERSHMAN INVESTMENT CORP. 27 7.01% $3,327
    EVERETT FINANCIAL, INC. 24 7.20% $5,373
    Regions Bank 22 6.81% $3,678
    STOCKTON MORTGAGE CORPORATION 20 6.67% $4,483
    Community Mortgage Banc Corporation 13 7.13% $3,170
    UNITED WHOLESALE MORTGAGE, LLC 13 7.35% $4,541
    Magnolia Bank 11 6.70% $2,960
    Truist 9 6.56% $3,139
    RUOFF MORTGAGE COMPANY, INC. 9 6.76% $2,735
    River Valley AgCredit, ACA 8 7.59% $6,415
    FirstTrust Home Loans, Inc. 8 7.31% $4,336
    CapStar Bank 6 6.48% $2,962
    USAA Federal Savings Bank 5 7.03% $4,126
    Banterra Bank 5 7.08% $2,762
    LOANDEPOT.COM, LLC 3 6.38% $4,757
    Renasant Bank 3 7.08% $3,220
    Farm Credit Mid-America, ACA 3 7.29% $6,268
    MUTUAL OF OMAHA MORTGAGE, INC. 3 7.04% $4,519
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.58% $4,361
    AMERISAVE MORTGAGE CORPORATION 3 6.38% $5,106
    PENNYMAC LOAN SERVICES, LLC 2 7.31% $5,932
    BETTER MORTGAGE CORPORATION 2 7.75% $1,910
    Mr. Cooper ( Nationstar Mortgage ) 2 6.88% $7,084
    JPMorgan Chase Bank 2 7.00% $0
    Wells Fargo Bank 2 6.88% $3,262
    ZILLOW HOME LOANS, LLC 2 7.56% $3,605
    First Financial Bank 2 7.00% $2,848
    SIU 2 7.00% $2,104
    Prosperity Home Mortgage, LLC 2 7.06% $8,003
    DAS Acquisition Company, LLC 2 6.99% $3,583
    ROYAL UNITED MORTGAGE LLC 2 7.75% $5,065
    Mortgage Research Center, LLC 2 6.75% $2,216
    NAVY FEDERAL CREDIT UNION 2 6.13% $2,929
    Discover Bank 2 6.99% $0
    UNION HOME MORTGAGE CORP. 2 7.31% $2,639
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.88% $6,803
    ACOPIA, LLC 1 7.88% $7,135
    AgFirst Farm Credit Bank 1 6.75% $3,189
    Ally Bank 1 5.63% $4,024
    AMERICAN FINANCING CORPORATION 1 7.50% $18,864
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $6,678
    BROKER SOLUTIONS, INC. 1 7.00% $4,704
    CARDINAL FINANCIAL 1 7.50% $4,040
    CHURCHILL MORTGAGE CORPORATION 1 7.63% $5,596
    CMG MORTGAGE, INC. 1 7.13% $5,310
    Colonial Savings, F.A. 1 7.38% $6,953
    CORNERSTONE HOME LENDING, INC. 1 6.50% $7,344
    DEEPHAVEN MORTGAGE LLC 1 10.13% $9,148
    EMBRACE HOME LOANS, INC. 1 6.75% $4,720
    ENDEAVOR CAPITAL, LLC. 1 5.99% $4,562
    ENVOY MORTGAGE, LTD 1 6.88% $4,062
    EVANSVILLE TEACHERS 1 6.75% $5,004
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $4,895
    Fifth Third Bank 1 6.63% $3,402
    First Federal Bank 1 6.63% $7,313
    FLAT BRANCH MORTGAGE, INC. 1 7.00% $2,748
    GUARANTEED RATE, INC. 1 7.99% $3,809
    HOMESIDE FINANCIAL, LLC 1 7.63% $4,141
    MORTGAGE INVESTORS GROUP, INC. 1 6.62% $4,753
    21ST MORTGAGE CORPORATION 1 7.50% $8,042
    MOVEMENT MORTGAGE, LLC 1 6.99% $4,071
    Simmons Bank 1 5.63% $3,993
    SOUTHPOINT FINANCIAL SERVICES, INC. 1 5.50% $4,957
    UBS Bank USA 1 6.13% $3,142

    Paducah Average Closing Costs & Other Stats

    Paducah, KY-IL's 67 lenders originated 1,239 loans during 2023. The total origination value was $210,735,000, with an average loan value of $170,085.

    Paducah's average closing costs are $4,019.

    The top Paducah lender as defined by loan originations is Independence Bank of Kentucky, with 36 loans originated. Their average total fees are $2,816, which is $2,611 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Paducah lenders (with over 10 loans originated) are Independence Bank of Kentucky ($2,816), Magnolia Bank ($2,960), Community Mortgage Banc Corporation ($3,170), GERSHMAN INVESTMENT CORP. ($3,327) and U.S. Bank ($3,612).

    The lowest rate Paducah lenders (with over 10 loans originated) are Independence Bank of Kentucky (6.50%), STOCKTON MORTGAGE CORPORATION (6.67%), Magnolia Bank (6.70%), Regions Bank (6.81%) and U.S. Bank (6.88%).

    Paducah, KY-IL 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 Paducah Bank and Trust Company $36,840,000 $30,655,000 -16.8% 14.5%
    Independence Bank of Kentucky $20,830,000 $20,520,000 -1.5% 9.7%
    QUICKEN LOANS, LLC $18,365,000 $14,570,000 -20.7% 6.9%
    STOCKTON MORTGAGE CORPORATION $6,105,000 $10,465,000 71.4% 5.0%
    EVERETT FINANCIAL, INC. $18,515,000 $10,275,000 -44.5% 4.9%
    U.S. Bank $25,290,000 $10,005,000 -60.4% 4.7%
    Regions Bank $18,180,000 $9,895,000 -45.6% 4.7%
    GERSHMAN INVESTMENT CORP. $5,350,000 $9,560,000 78.7% 4.5%
    FNB Bank, Inc. $12,050,000 $9,460,000 -21.5% 4.5%
    Mortgage Research Center, LLC $6,850,000 $8,475,000 23.7% 4.0%
    UNITED WHOLESALE MORTGAGE, LLC $10,285,000 $4,690,000 -54.4% 2.2%
    FirstTrust Home Loans, Inc. $245,000 $3,355,000 1,269.4% 1.6%
    LOANDEPOT.COM, LLC $7,540,000 $3,150,000 -58.2% 1.5%
    RUOFF MORTGAGE COMPANY, INC. $395,000 $2,865,000 625.3% 1.4%
    Community Mortgage Banc Corporation $2,165,000 $2,730,000 26.1% 1.3%
    AMERISAVE MORTGAGE CORPORATION $1,870,000 $2,590,000 38.5% 1.2%
    River Valley AgCredit, ACA $545,000 $2,520,000 362.4% 1.2%
    Truist $2,370,000 $2,460,000 3.8% 1.2%
    The Cecilian Bank $2,405,000 n/a 1.1%
    Magnolia Bank $4,635,000 $2,250,000 -51.5% 1.1%
    Mr. Cooper ( Nationstar Mortgage ) $1,820,000 $1,910,000 4.9% 0.9%
    21ST MORTGAGE CORPORATION $1,630,000 $1,860,000 14.1% 0.9%
    Banterra Bank $3,480,000 $1,860,000 -46.6% 0.9%
    VANDERBILT MORTGAGE AND FINANCE, INC. $1,300,000 $1,775,000 36.5% 0.8%
    CapStar Bank $430,000 $1,665,000 287.2% 0.8%
    USAA Federal Savings Bank $2,810,000 $1,475,000 -47.5% 0.7%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,275,000 n/a 0.6%
    PENNYMAC LOAN SERVICES, LLC $2,560,000 $1,160,000 -54.7% 0.6%
    VILLAGE CAPITAL MORTGAGE $350,000 $1,085,000 210.0% 0.5%
    FREEDOM MORTGAGE CORPORATION $2,845,000 $980,000 -65.6% 0.5%
    Farm Credit Mid-America, ACA $965,000 n/a 0.5%
    FLAT BRANCH MORTGAGE, INC. $505,000 $935,000 85.1% 0.4%
    Prosperity Home Mortgage, LLC $770,000 n/a 0.4%
    BROKER SOLUTIONS, INC. $1,280,000 $755,000 -41.0% 0.4%
    Legence Bank $395,000 $725,000 83.5% 0.3%
    Renasant Bank $760,000 $715,000 -5.9% 0.3%
    Farmers Bank and Trust Company $1,635,000 $710,000 -56.6% 0.3%
    HOMESIDE FINANCIAL, LLC $210,000 $710,000 238.1% 0.3%
    Wells Fargo Bank $2,245,000 $710,000 -68.4% 0.3%
    CARDINAL FINANCIAL $670,000 n/a 0.3%
    First Financial Bank $695,000 $670,000 -3.6% 0.3%
    Citizens Bank $1,740,000 $655,000 -62.4% 0.3%
    Discover Bank $270,000 $615,000 127.8% 0.3%
    NAVY FEDERAL CREDIT UNION $2,020,000 $615,000 -69.6% 0.3%
    DAS Acquisition Company, LLC $440,000 $565,000 28.4% 0.3%
    Simmons Bank $545,000 n/a 0.3%
    UNION HOME MORTGAGE CORP. $505,000 n/a 0.2%
    NEWREZ LLC $675,000 $495,000 -26.7% 0.2%
    T2 FINANCIAL LLC $485,000 n/a 0.2%
    The Federal Savings Bank $675,000 $480,000 -28.9% 0.2%
    Barrington Bank & Trust Company, N.A. $200,000 $470,000 135.0% 0.2%
    EVANSVILLE TEACHERS $1,560,000 $460,000 -70.5% 0.2%
    ACOPIA, LLC $1,695,000 $450,000 -73.5% 0.2%
    AMERICAN FINANCING CORPORATION $805,000 $445,000 -44.7% 0.2%
    ENVOY MORTGAGE, LTD $425,000 n/a 0.2%
    CMG MORTGAGE, INC. $420,000 n/a 0.2%
    SouthernTrust Bank $335,000 $410,000 22.4% 0.2%
    United Southern Bank $405,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $320,000 $400,000 25.0% 0.2%
    MYCUMORTGAGE, LLC $135,000 $390,000 188.9% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $195,000 $380,000 94.9% 0.2%
    NEW DAY FINANCIAL, LLC $265,000 $380,000 43.4% 0.2%
    Bank of America $515,000 $375,000 -27.2% 0.2%
    Willamette Valley Bank $375,000 n/a 0.2%
    Fifth Third Bank $1,145,000 $370,000 -67.7% 0.2%
    ENDEAVOR CAPITAL, LLC. $350,000 $360,000 2.9% 0.2%
    TOWNE MORTGAGE COMPANY $1,420,000 $360,000 -74.6% 0.2%
    Colonial Savings, F.A. $355,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $350,000 n/a 0.2%
    CRESCENT MORTGAGE COMPANY $1,060,000 $340,000 -67.9% 0.2%
    TOP FLITE FINANCIAL, INC. $490,000 $340,000 -30.6% 0.2%
    Carrington Mortgage Services, LLC $465,000 $320,000 -31.2% 0.2%
    LENDINGHOME FUNDING CORPORATION $310,000 n/a 0.1%
    Alliance Bank $330,000 $305,000 -7.6% 0.1%
    First Federal Bank $305,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $240,000 $305,000 27.1% 0.1%
    ROYAL UNITED MORTGAGE LLC $325,000 $300,000 -7.7% 0.1%
    Equity Prime Mortgage LLC $295,000 n/a 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,100,000 $295,000 -86.0% 0.1%
    peoples trust and savings bank $285,000 n/a 0.1%
    UBS Bank USA $275,000 n/a 0.1%
    NATIONS DIRECT MORTGAGE, LLC $265,000 n/a 0.1%
    NFM, INC. $75,000 $265,000 253.3% 0.1%
    DEEPHAVEN MORTGAGE LLC $255,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $250,000 n/a 0.1%
    Farmers State Bank of Alto Pass $245,000 n/a 0.1%
    Flagstar Bank, FSB $685,000 $245,000 -64.2% 0.1%
    CIS Financial Services, Inc. $230,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $410,000 $225,000 -45.1% 0.1%
    GUARANTEED RATE, INC. $345,000 $225,000 -34.8% 0.1%
    MID AMERICA MORTGAGE, INC. $145,000 $225,000 55.2% 0.1%
    First National Bank of Omaha $215,000 n/a 0.1%
    The Huntington National Bank $970,000 $215,000 -77.8% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $655,000 $205,000 -68.7% 0.1%
    DOMINION FINANCIAL SERVICES, LLC $200,000 n/a 0.1%
    JPMorgan Chase Bank $1,185,000 $200,000 -83.1% 0.1%
    CORNERSTONE HOME LENDING, INC. $195,000 n/a 0.1%
    PNC Bank $1,495,000 $185,000 -87.6% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $380,000 $180,000 -52.6% 0.1%
    EMBRACE HOME LOANS, INC. $195,000 $175,000 -10.3% 0.1%
    Neighborhood Loans, Inc. $170,000 n/a 0.1%
    SIU $580,000 $170,000 -70.7% 0.1%
    UNIVERSITY OF KENTUCKY $170,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $165,000 n/a 0.1%
    Planters Bank, Inc. $125,000 $165,000 32.0% 0.1%
    AgFirst Farm Credit Bank $3,455,000 $155,000 -95.5% 0.1%
    OCMBC, INC. $155,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $145,000 n/a 0.1%
    GENERAL ELECTRIC CREDIT UNION $135,000 n/a 0.1%
    MORTGAGE INVESTORS GROUP, INC. $135,000 n/a 0.1%
    PLANET HOME LENDING, LLC $135,000 $125,000 -7.4% 0.1%
    Plains Commerce Bank $340,000 $115,000 -66.2% 0.1%
    The Bradford National Bank of Greenville $325,000 $115,000 -64.6% 0.1%
    MidFirst Bank $100,000 n/a 0.0%
    Ally Bank $95,000 n/a 0.0%
    Traditional Bank, Inc. $95,000 n/a 0.0%
    LAKEVIEW LOAN SERVICING, LLC $1,100,000 $85,000 -92.3% 0.0%
    CITIZENS EQUITY FIRST $355,000 $75,000 -78.9% 0.0%
    F&M Bank $195,000 $75,000 -61.5% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $75,000 n/a 0.0%
    Arvest Bank $125,000 $65,000 -48.0% 0.0%
    RELIANCE FIRST CAPITAL, LLC $65,000 n/a 0.0%
    Signature Federal Credit Union $65,000 n/a 0.0%
    ALLIANT CREDIT UNION $235,000 $55,000 -76.6% 0.0%
    SOUTHPOINT FINANCIAL SERVICES, INC. $55,000 n/a 0.0%
    SUPERIOR CHOICE $55,000 n/a 0.0%
    Coastal Community Bank $50,000 n/a 0.0%
    PHH Mortgage Corporation $485,000 $35,000 -92.8% 0.0%
    DUPACO COMMUNITY $75,000 $25,000 -66.7% 0.0%
    FirstBank $310,000 $25,000 -91.9% 0.0%
    Park Lane Finance Solutions, LLC $235,000 $15,000 -93.6% 0.0%

    Paducah's top lender by overall market share is The Paducah Bank and Trust Company, with 14.5% market share. In second place, with 9.7%, is Independence Bank of Kentucky, having originated $20,520,000 in loans. In third place, with 6.9%, is QUICKEN LOANS, LLC, having originated $14,570,000 in loans. In fourth place, with 5.0%, is STOCKTON MORTGAGE CORPORATION, having originated $10,465,000 in loans. In fifth place, with 4.9%, is EVERETT FINANCIAL, INC., having originated $10,275,000 in loans.

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

    Realtor.com - Paducah (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 $139,075 (-0.6%) $174,726 (-7.4%) 0.00 559
    2018-02-01 $137,400 (-1.8%) $172,011 (-9.1%) 0.00 552
    2018-03-01 $149,000 (5.0%) $177,370 (-7.5%) 0.00 572
    2018-04-01 $145,700 (-2.2%) $180,997 (-7.6%) 0.00 582
    2018-05-01 $149,900 (0.1%) $186,747 (-5.6%) 0.00 609
    2018-06-01 $145,000 (-3.3%) $187,946 (-3.1%) 0.00 619
    2018-07-01 $139,900 (-7.3%) $181,926 (-6.6%) 0.00 637
    2018-08-01 $138,475 (-7.6%) $179,265 (-6.1%) 0.00 616
    2018-09-01 $135,000 (-8.5%) $179,000 (-4.2%) 0.00 601
    2018-10-01 $137,975 (-8.0%) $183,246 (-2.5%) 0.00 578
    2018-11-01 $139,450 (-0.3%) $183,514 (1.6%) 0.00 565
    2018-12-01 $144,900 (3.6%) $191,992 (7.8%) 0.00 522
    2019-01-01 $144,925 (4.2%) $193,506 (10.8%) 0.00 506
    2019-02-01 $144,950 (5.5%) $196,582 (14.3%) 0.00 522
    2019-03-01 $144,929 (-2.7%) $197,148 (11.2%) 0.00 549
    2019-04-01 $142,450 (-2.2%) $195,570 (8.1%) 0.00 557
    2019-05-01 $145,000 (-3.3%) $201,464 (7.9%) 0.00 553
    2019-06-01 $144,900 (-0.1%) $203,144 (8.1%) 0.00 573
    2019-07-01 $144,900 (3.6%) $203,214 (11.7%) 0.00 574
    2019-08-01 $147,791 (6.7%) $207,439 (15.7%) 0.00 566
    2019-09-01 $148,977 (10.4%) $209,185 (16.9%) 0.00 552
    2019-10-01 $149,900 (8.6%) $210,367 (14.8%) 0.00 542
    2019-11-01 $152,000 (9.0%) $213,373 (16.3%) 0.00 520
    2019-12-01 $154,900 (6.9%) $217,170 (13.1%) 0.00 479
    2020-01-01 $144,825 (-0.1%) $211,855 (9.5%) 0.00 446
    2020-02-01 $139,900 (-3.5%) $216,302 (10.0%) 0.00 370
    2020-03-01 $149,900 (3.4%) $227,890 (15.6%) 0.00 371
    2020-04-01 $149,800 (5.2%) $230,678 (18.0%) 0.00 351
    2020-05-01 $149,900 (3.4%) $229,128 (13.7%) 0.00 311
    2020-06-01 $163,200 (12.6%) $234,589 (15.5%) 0.00 305
    2020-07-01 $169,900 (17.3%) $234,209 (15.3%) 0.00 305
    2020-08-01 $164,440 (11.3%) $233,403 (12.5%) 0.00 287
    2020-09-01 $146,325 (-1.8%) $220,652 (5.5%) 0.00 273
    2020-10-01 $149,900 (0.0%) $215,811 (2.6%) 0.00 276
    2020-11-01 $144,900 (-4.7%) $215,335 (0.9%) 0.00 247
    2020-12-01 $154,900 (0.0%) $220,234 (1.4%) 0.00 239
    2021-01-01 $159,450 (10.1%) $218,848 (3.3%) 0.00 217
    2021-02-01 $146,150 (4.5%) $220,066 (1.7%) 0.00 197
    2021-03-01 $136,598 (-8.9%) $203,941 (-10.5%) 0.00 166
    2021-04-01 $144,700 (-3.4%) $217,685 (-5.6%) 0.00 150
    2021-05-01 $149,900 (0.0%) $217,145 (-5.2%) 0.00 150
    2021-06-01 $137,700 (-15.6%) $245,225 (4.5%) 0.00 155
    2021-07-01 $147,900 (-13.0%) $263,560 (12.5%) 0.00 154
    2021-08-01 $154,200 (-6.2%) $267,864 (14.8%) 0.00 147
    2021-09-01 $134,246 (-8.3%) $245,732 (11.4%) 0.00 145
    2021-10-01 $147,500 (-1.6%) $236,511 (9.6%) 0.00 144
    2021-11-01 $147,069 (1.5%) $266,666 (23.8%) 0.00 145
    2021-12-01 $127,450 (-17.7%) $210,793 (-4.3%) 0.00 135
    2022-01-01 $139,900 (-12.3%) $221,215 (1.1%) 0.00 124
    2022-02-01 $139,900 (-4.3%) $220,431 (0.2%) 0.00 119
    2022-03-01 $139,800 (2.3%) $261,517 (28.2%) 0.00 141
    2022-04-01 $134,695 (-6.9%) $230,980 (6.1%) 0.00 145
    2022-05-01 $139,900 (-6.7%) $232,572 (7.1%) 0.00 148
    2022-06-01 $143,675 (4.3%) $234,177 (-4.5%) 0.00 158
    2022-07-01 $159,500 (7.8%) $249,432 (-5.4%) 0.00 165
    2022-08-01 $177,158 (14.9%) $247,205 (-7.7%) 0.00 162
    2022-09-01 $189,950 (41.5%) $241,690 (-1.6%) 0.00 167
    2022-10-01 $219,950 (49.1%) $257,187 (8.7%) 0.00 164
    2022-11-01 $215,175 (46.3%) $268,267 (0.6%) 0.00 160
    2022-12-01 $210,000 (64.8%) $268,591 (27.4%) 0.00 160
    2023-01-01 $223,163 (59.5%) $269,911 (22.0%) 0.00 135
    2023-02-01 $223,188 (59.5%) $270,168 (22.6%) 0.00 134
    2023-03-01 $218,425 (56.2%) $270,308 (3.4%) 0.00 135
    2023-04-01 $219,900 (63.3%) $285,337 (23.5%) 0.00 130
    2023-05-01 $228,675 (63.5%) $293,851 (26.4%) 0.00 132
    2023-06-01 $241,175 (67.9%) $299,118 (27.7%) 0.00 147
    2023-07-01 $249,900 (56.7%) $294,951 (18.3%) 0.00 163
    2023-08-01 $257,200 (45.2%) $303,432 (22.8%) 0.00 167
    2023-09-01 $238,500 (25.6%) $294,387 (21.8%) 0.00 175
    2023-10-01 $231,675 (5.3%) $295,405 (14.9%) 0.00 177
    2023-11-01 $241,000 (12.0%) $316,416 (18.0%) 0.00 177
    2023-12-01 $264,900 (26.1%) $307,656 (14.5%) 0.00 167
    2024-01-01 $274,950 (23.2%) $306,569 (13.6%) 0.00 160
    2024-02-01 $289,800 (29.9%) $305,955 (13.3%) 0.00 165
    2024-03-01 $280,000 (28.2%) $321,471 (18.9%) 0.00 160
    2024-04-01 $265,950 (20.9%) $314,020 (10.1%) 0.00 165
    2024-05-01 $279,725 (22.3%) $321,165 (9.3%) 0.00 176
    2024-06-01 $277,000 (14.9%) $328,615 (9.9%) 0.00 198
    2024-07-01 $279,450 (11.8%) $331,158 (12.3%) 0.00 209
    2024-08-01 $249,900 (-2.8%) $309,089 (1.9%) 0.00 229
    2024-09-01 $259,450 (8.8%) $318,255 (8.1%) 0.00 230
    2024-10-01 $249,900 (7.9%) $326,060 (10.4%) 0.00 234
    2024-11-01 $240,500 (-0.2%) $322,058 (1.8%) 0.00 236
    Paducah's median listing price for 2024-11-01 was $240,500, a difference of $-500 (-0.2%) versus the prior year and $-9,400 versus the prior month.

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

    Paducah's average listing price for 2024-11-01 was $322,058, a difference of $5,642 (1.8%) versus the prior year and $-4,002 versus the prior month.

    For the 2024-11-01 period, Paducah had 236 MLS listings, a difference of 2 listings (1%) versus the prior month and 59 listings (33%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Paducah (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,777 sqft
    2018-02-01 0 days 1,726 sqft
    2018-03-01 0 days 1,782 sqft
    2018-04-01 0 days 1,808 sqft
    2018-05-01 0 days 1,819 sqft
    2018-06-01 0 days 1,808 sqft
    2018-07-01 0 days 1,803 sqft
    2018-08-01 0 days 1,800 sqft
    2018-09-01 0 days 1,790 sqft
    2018-10-01 0 days 1,769 sqft
    2018-11-01 0 days 1,767 sqft
    2018-12-01 0 days 1,800 sqft
    2019-01-01 0 days 1,800 sqft
    2019-02-01 0 days 1,781 sqft
    2019-03-01 0 days 1,774 sqft
    2019-04-01 0 days 1,740 sqft
    2019-05-01 0 days 1,738 sqft
    2019-06-01 0 days 1,757 sqft
    2019-07-01 0 days 1,726 sqft
    2019-08-01 0 days 1,771 sqft
    2019-09-01 0 days 1,794 sqft
    2019-10-01 0 days 1,811 sqft
    2019-11-01 0 days 1,852 sqft
    2019-12-01 0 days 1,921 sqft
    2020-01-01 0 days 1,813 sqft
    2020-02-01 0 days 1,768 sqft
    2020-03-01 0 days 1,895 sqft
    2020-04-01 0 days 1,894 sqft
    2020-05-01 0 days 1,926 sqft
    2020-06-01 0 days 1,915 sqft
    2020-07-01 0 days 1,952 sqft
    2020-08-01 0 days 1,880 sqft
    2020-09-01 0 days 1,752 sqft
    2020-10-01 0 days 1,728 sqft
    2020-11-01 0 days 1,732 sqft
    2020-12-01 0 days 1,775 sqft
    2021-01-01 0 days 1,800 sqft
    2021-02-01 0 days 1,787 sqft
    2021-03-01 0 days 1,712 sqft
    2021-04-01 0 days 1,788 sqft
    2021-05-01 0 days 1,708 sqft
    2021-06-01 0 days 1,625 sqft
    2021-07-01 0 days 1,696 sqft
    2021-08-01 0 days 1,803 sqft
    2021-09-01 0 days 1,674 sqft
    2021-10-01 0 days 1,667 sqft
    2021-11-01 0 days 1,588 sqft
    2021-12-01 0 days 1,457 sqft
    2022-01-01 0 days 1,500 sqft
    2022-02-01 0 days 1,398 sqft
    2022-03-01 0 days 1,439 sqft
    2022-04-01 0 days 1,480 sqft
    2022-05-01 0 days 1,462 sqft
    2022-06-01 0 days 1,488 sqft
    2022-07-01 0 days 1,603 sqft
    2022-08-01 0 days 1,601 sqft
    2022-09-01 0 days 1,603 sqft
    2022-10-01 0 days 1,727 sqft
    2022-11-01 0 days 1,785 sqft
    2022-12-01 0 days 1,834 sqft
    2023-01-01 0 days 1,821 sqft
    2023-02-01 0 days 1,750 sqft
    2023-03-01 0 days 1,800 sqft
    2023-04-01 0 days 1,762 sqft
    2023-05-01 0 days 1,738 sqft
    2023-06-01 0 days 1,822 sqft
    2023-07-01 0 days 1,835 sqft
    2023-08-01 0 days 1,869 sqft
    2023-09-01 0 days 1,854 sqft
    2023-10-01 0 days 1,859 sqft
    2023-11-01 0 days 1,977 sqft
    2023-12-01 0 days 1,900 sqft
    2024-01-01 0 days 1,957 sqft
    2024-02-01 0 days 1,928 sqft
    2024-03-01 0 days 2,020 sqft
    2024-04-01 0 days 1,873 sqft
    2024-05-01 0 days 1,997 sqft
    2024-06-01 0 days 1,947 sqft
    2024-07-01 0 days 1,985 sqft
    2024-08-01 0 days 1,905 sqft
    2024-09-01 0 days 1,976 sqft
    2024-10-01 0 days 1,896 sqft
    2024-11-01 0 days 1,800 sqft
    Paducah's median listing age (time on market) for 2024-11-01 was 0 days.

    Paducah's median square footage for active listings during the 2024-11-01 period was 1,800 sqft. One year prior, the average listing was 1,977 sqft.

    Paducah, KY-IL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 867 $168,955,000 $194,873
    Cash Out Refi 107 $17,555,000 $164,065
    Refi 105 $13,325,000 $126,905
    Other 85 $6,195,000 $72,882
    Home Improvement 75 $4,705,000 $62,733

    Paducah's most frequently cited loan purpose was Home Purchase, with 867 originations. The 2nd most popular reason was Cash Out Refi, with 107 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 390 $68,300,000 $175,128
    7-8% 309 $56,145,000 $181,699
    Over 8% 182 $14,480,000 $79,560
    5-6% 118 $25,670,000 $217,542
    3-4% 17 $335,000 $19,706
    <2.5% 9 $55,000 $6,111
    4-5% 7 $1,465,000 $209,286

    During 2023, Paducah's most frequently originated rate bucket was 6-7%, with 390 originations.

    Loan Sizing (Paducah, KY-IL MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 485 $71,535,000 $147,495
    $100,000 or less 411 $23,565,000 $57,336
    $200k-400k 278 $73,820,000 $265,540
    $400k-600k 45 $21,205,000 $471,222
    $600k-1000k 15 $10,935,000 $729,000
    $Over $1MM 5 $9,675,000 $1,935,000

    Paducah's loan sizing saw the bucket of loans from $100k-200k with 485 originations, totaling $71,535,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 558 $107,180,000 $192,079
    60-80% 185 $34,305,000 $185,432
    Under 20% 105 $3,965,000 $37,762
    20-40% 84 $5,800,000 $69,048
    40-60% 80 $11,140,000 $139,250
    Over 100% 15 $3,655,000 $243,667

    Paducah's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 558 originations, totaling $107,180,000 in origination value.