Paducah Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Paducah averaged
6.89%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.82% and
one month ago for the week of 2023-02-09, the
average rate was 6.21%.
Paducah's average rate one year ago was 4.04%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.85%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Paducah 30 Year Fixed Rate | 2023-03-16 | 6.89% |
| Paducah 30 Year Fixed Rate Refi | 2023-03-16 | 6.85% |
| Paducah 15 Year Fixed Rate | 2023-03-16 | 7.21% |
| Paducah 15 Year Fixed Rate Refi | 2023-03-16 | 6.2% |
| Paducah 30 Year FHA | 2023-03-16 | 6.73% |
| Paducah 30 Year FHA Refi | 2023-03-16 | 6.25% |
| Paducah 30 Year USDA | 2023-03-16 | 6.44% |
| Paducah 30 Year USDA Refi | 2023-03-16 | 6.32% |
| Paducah 30 Year VA | 2023-03-16 | 6.36% |
| Paducah 30 Year VA Refi | 2023-03-16 | 6.33% |
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.).
Paducah Average Closing Costs & Other Stats
Paducah, KY-IL's 103 lenders originated 2,412
loans during 2021. The total origination value was $446,200,000, with an average loan value of
$184,992.
Paducah's average closing costs are $3,590.
The top Paducah lender as defined by loan originations is The Paducah Bank and Trust Company, with
147 loans originated. Their average total fees are
$2,763, which is $138
higher than the next largest lender,
U.S. Bank.
The lowest fee Paducah lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($1,795), Community Mortgage Banc Corporation ($2,125), JPMorgan Chase Bank ($2,265), Independence Bank of Kentucky ($2,415) and Regions Bank ($2,531).
The lowest rate Paducah lenders (with over 10 loans originated) are
Wells Fargo Bank (2.99%), UNITED WHOLESALE MORTGAGE, LLC (3.00%), JPMorgan Chase Bank (3.05%), Community Mortgage Banc Corporation (3.06%) and AMERISAVE MORTGAGE CORPORATION (3.06%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| The Paducah Bank and Trust Company | $83,535,000 | $52,500,000 | -37.2% | 11.8% |
| Independence Bank of Kentucky | $29,865,000 | $44,850,000 | 50.2% | 10.1% |
| U.S. Bank | $37,380,000 | $43,190,000 | 15.5% | 9.7% |
| QUICKEN LOANS, LLC | $29,085,000 | $38,715,000 | 33.1% | 8.7% |
| Wells Fargo Bank | $2,670,000 | $27,475,000 | 929.0% | 6.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $8,300,000 | $17,610,000 | 112.2% | 3.9% |
| Regions Bank | $20,445,000 | $15,745,000 | -23.0% | 3.5% |
| Magnolia Bank | $10,780,000 | $15,140,000 | 40.4% | 3.4% |
| FNB Bank, Inc. | $11,230,000 | $12,380,000 | 10.2% | 2.8% |
| LOANDEPOT.COM, LLC | $5,120,000 | $12,290,000 | 140.0% | 2.8% |
| ServisFirst Bank | $9,705,000 | n/a | 2.2% | |
| Mortgage Research Center, LLC | $6,770,000 | $8,695,000 | 28.4% | 1.9% |
| First Midwest Bank of Dexter | $6,795,000 | n/a | 1.5% | |
| EVERETT FINANCIAL, INC. | $32,215,000 | $6,510,000 | -79.8% | 1.5% |
| FREEDOM MORTGAGE CORPORATION | $7,350,000 | $6,200,000 | -15.6% | 1.4% |
| Community Mortgage Banc Corporation | $7,820,000 | $5,660,000 | -27.6% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $1,195,000 | $5,505,000 | 360.7% | 1.2% |
| AMERISAVE MORTGAGE CORPORATION | $1,975,000 | $5,385,000 | 172.7% | 1.2% |
| Banterra Bank | $10,410,000 | $5,245,000 | -49.6% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,875,000 | $4,935,000 | 1.2% | 1.1% |
| ACOPIA, LLC | $6,945,000 | $4,520,000 | -34.9% | 1.0% |
| Truist Bank | $5,535,000 | $4,045,000 | -26.9% | 0.9% |
| GERSHMAN INVESTMENT CORP. | $1,210,000 | $3,855,000 | 218.6% | 0.9% |
| JPMorgan Chase Bank | $1,015,000 | $3,715,000 | 266.0% | 0.8% |
| BETTER MORTGAGE CORPORATION | $430,000 | $2,605,000 | 505.8% | 0.6% |
| STOCKTON MORTGAGE CORPORATION | $2,840,000 | $2,600,000 | -8.5% | 0.6% |
| AgFirst Farm Credit Bank | $2,810,000 | $2,485,000 | -11.6% | 0.6% |
| NEWREZ LLC | $1,575,000 | $2,475,000 | 57.1% | 0.6% |
| USAA Federal Savings Bank | $2,315,000 | $2,265,000 | -2.2% | 0.5% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,100,000 | $2,180,000 | 3.8% | 0.5% |
| River Valley AgCredit, ACA | $1,855,000 | $2,175,000 | 17.3% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $1,925,000 | $2,005,000 | 4.2% | 0.4% |
| AMERICAN FINANCING CORPORATION | $645,000 | $1,990,000 | 208.5% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $1,100,000 | $1,985,000 | 80.5% | 0.4% |
| PNC Bank | $885,000 | $1,860,000 | 110.2% | 0.4% |
| Citizens Bank | $1,470,000 | $1,840,000 | 25.2% | 0.4% |
| WesBanco Bank, Inc. | $165,000 | $1,785,000 | 981.8% | 0.4% |
| Renasant Bank | $2,250,000 | $1,695,000 | -24.7% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $715,000 | $1,590,000 | 122.4% | 0.4% |
| Bank of America | $405,000 | $1,575,000 | 288.9% | 0.4% |
| Southern Bank | $1,325,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $460,000 | $1,310,000 | 184.8% | 0.3% |
| 21ST MORTGAGE CORPORATION | $765,000 | $1,205,000 | 57.5% | 0.3% |
| Farmers Bank and Trust Company | $1,505,000 | $1,170,000 | -22.3% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $980,000 | $1,160,000 | 18.4% | 0.3% |
| MYCUMORTGAGE, LLC | $265,000 | $1,135,000 | 328.3% | 0.3% |
| FIELD & MAIN BANK, INC. | $1,125,000 | n/a | 0.3% | |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,105,000 | n/a | 0.2% | |
| EVANSVILLE TEACHERS | $2,420,000 | $1,050,000 | -56.6% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,610,000 | $1,015,000 | -37.0% | 0.2% |
| Carrington Mortgage Services, LLC | $875,000 | $1,005,000 | 14.9% | 0.2% |
| CALIBER HOME LOANS, INC. | $980,000 | $910,000 | -7.1% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $890,000 | n/a | 0.2% | |
| CapStar Bank | $525,000 | $870,000 | 65.7% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $115,000 | $865,000 | 652.2% | 0.2% |
| CRESCENT MORTGAGE COMPANY | $980,000 | $850,000 | -13.3% | 0.2% |
| Fifth Third Bank | $770,000 | $830,000 | 7.8% | 0.2% |
| Bank of England | $815,000 | n/a | 0.2% | |
| PLANET HOME LENDING, LLC | $155,000 | $815,000 | 425.8% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $630,000 | $755,000 | 19.8% | 0.2% |
| RUOFF MORTGAGE COMPANY, INC. | $2,160,000 | $730,000 | -66.2% | 0.2% |
| The Huntington National Bank | $150,000 | $725,000 | 383.3% | 0.2% |
| TOWNE MORTGAGE COMPANY | $65,000 | $715,000 | 1,000.0% | 0.2% |
| KELLER MORTGAGE, LLC | $2,300,000 | $700,000 | -69.6% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $440,000 | $695,000 | 58.0% | 0.2% |
| Peoples National Bank , N.A. | $170,000 | $680,000 | 300.0% | 0.2% |
| Flagstar Bank, FSB | $320,000 | $665,000 | 107.8% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $995,000 | $655,000 | -34.2% | 0.1% |
| First Financial Bank | $325,000 | $645,000 | 98.5% | 0.1% |
| DAS Acquisition Company, LLC | $520,000 | $595,000 | 14.4% | 0.1% |
| Farm Credit Mid-America, ACA | $425,000 | $590,000 | 38.8% | 0.1% |
| Manufacturers and Traders Trust Company | $585,000 | n/a | 0.1% | |
| CROSSCOUNTRY MORTGAGE, LLC | $340,000 | $570,000 | 67.6% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $865,000 | $545,000 | -37.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $45,000 | $535,000 | 1,088.9% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $525,000 | n/a | 0.1% | |
| HOME POINT FINANCIAL CORPORATION | $430,000 | $520,000 | 20.9% | 0.1% |
| North American Savings Bank, F.S.B. | $620,000 | $500,000 | -19.4% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $260,000 | $480,000 | 84.6% | 0.1% |
| Ally Bank | $480,000 | $450,000 | -6.3% | 0.1% |
| Paramount Bank | $195,000 | $450,000 | 130.8% | 0.1% |
| InterContinental Capital Group, Inc | $420,000 | $440,000 | 4.8% | 0.1% |
| First Guaranty Mortgage Corporation | $1,035,000 | $435,000 | -58.0% | 0.1% |
| Commonwealth Bank and Trust Company | $535,000 | $425,000 | -20.6% | 0.1% |
| Legence Bank | $660,000 | $425,000 | -35.6% | 0.1% |
| SOFI LENDING CORP. | $450,000 | $425,000 | -5.6% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $730,000 | $420,000 | -42.5% | 0.1% |
| AMERICAN ADVISORS GROUP | $25,000 | $410,000 | 1,540.0% | 0.1% |
| MLD MORTGAGE INC. | $410,000 | n/a | 0.1% | |
| Sunflower Bank | $405,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $885,000 | $400,000 | -54.8% | 0.1% |
| AmeriHome Mortgage Company, LLC | $125,000 | $385,000 | 208.0% | 0.1% |
| The Federal Savings Bank | $925,000 | $375,000 | -59.5% | 0.1% |
| EASTMAN | $365,000 | n/a | 0.1% | |
| Simmons Bank | $165,000 | $360,000 | 118.2% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $155,000 | $355,000 | 129.0% | 0.1% |
| Farmers State Bank of Alto Pass | $890,000 | $335,000 | -62.4% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $335,000 | $330,000 | -1.5% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $115,000 | $330,000 | 187.0% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $320,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $290,000 | $320,000 | 10.3% | 0.1% |
| FirstBank | $160,000 | $315,000 | 96.9% | 0.1% |
| CLEARPATH LENDING | $310,000 | n/a | 0.1% | |
| Nations Lending Corporation | $585,000 | $300,000 | -48.7% | 0.1% |
| ZILLOW HOME LOANS, LLC | $270,000 | $300,000 | 11.1% | 0.1% |
| SPRING EQ, LLC | $85,000 | $290,000 | 241.2% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $280,000 | n/a | 0.1% | |
| Low VA Rates, LLC | $275,000 | n/a | 0.1% | |
| Quontic Bank | $275,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $265,000 | n/a | 0.1% | |
| Raymond James Bank | $265,000 | n/a | 0.1% | |
| First American Bank | $250,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $165,000 | $245,000 | 48.5% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $270,000 | $230,000 | -14.8% | 0.1% |
| MORTGAGE MASTERS OF INDIANA, INC. | $225,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $225,000 | $215,000 | -4.4% | 0.0% |
| Austin Capital Bank SSB | $210,000 | n/a | 0.0% | |
| Dieterich Bank | $320,000 | $205,000 | -35.9% | 0.0% |
| INTELLILOAN, INC. | $205,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $260,000 | $205,000 | -21.2% | 0.0% |
| SIU | $370,000 | $200,000 | -45.9% | 0.0% |
| CSL Financial, LLC | $195,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $195,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $195,000 | n/a | 0.0% | |
| Reliant Bank | $195,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $105,000 | $190,000 | 81.0% | 0.0% |
| Park Lane Finance Solutions, LLC | $80,000 | $190,000 | 137.5% | 0.0% |
| ASCEND FEDERAL CREDIT UNION | $135,000 | $185,000 | 37.0% | 0.0% |
| COMMUNITY MORTGAGE CORPORATION | $185,000 | n/a | 0.0% | |
| Arvest Bank | $180,000 | n/a | 0.0% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $175,000 | n/a | 0.0% | |
| Community Trust Bank, Inc. | $175,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $175,000 | n/a | 0.0% | |
| L & N Federal Credit Union | $175,000 | n/a | 0.0% | |
| Planters Bank, Inc. | $280,000 | $175,000 | -37.5% | 0.0% |
| Stifel Bank and Trust | $490,000 | $175,000 | -64.3% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $745,000 | $165,000 | -77.9% | 0.0% |
| First Mid Bank & Trust | $165,000 | n/a | 0.0% | |
| T2 FINANCIAL LLC | $165,000 | n/a | 0.0% | |
| German American Bank | $160,000 | n/a | 0.0% | |
| Discover Bank | $140,000 | $155,000 | 10.7% | 0.0% |
| First Citizens National Bank | $350,000 | $155,000 | -55.7% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $115,000 | $155,000 | 34.8% | 0.0% |
| SOUTHWEST STAGE FUNDING, LLC | $590,000 | $155,000 | -73.7% | 0.0% |
| Colonial Savings, F.A. | $145,000 | n/a | 0.0% | |
| First Midwest Bank | $145,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $145,000 | $145,000 | 0.0% | 0.0% |
| SUPERIOR CHOICE | $145,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $435,000 | $135,000 | -69.0% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $135,000 | n/a | 0.0% | |
| American Bank & Trust Company, Inc. | $125,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $330,000 | $125,000 | -62.1% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $735,000 | $125,000 | -83.0% | 0.0% |
| UNIVERSITY OF KENTUCKY | $955,000 | $120,000 | -87.4% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $85,000 | $115,000 | 35.3% | 0.0% |
| Town & Country Banc Mortgage Services, Inc. | $115,000 | n/a | 0.0% | |
| United Community Bank | $355,000 | $115,000 | -67.6% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $105,000 | n/a | 0.0% | |
| Willamette Valley Bank | $105,000 | n/a | 0.0% | |
| FAIR WAY LENDING LLC | $95,000 | n/a | 0.0% | |
| GUILD MORTGAGE COMPANY | $95,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $95,000 | n/a | 0.0% | |
| AMERICAN MORTGAGE SERVICE COMPANY | $85,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $85,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $85,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $75,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $380,000 | $75,000 | -80.3% | 0.0% |
| STAR USA FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| GREAT LAKES | $65,000 | n/a | 0.0% | |
| Alliance Bank | $85,000 | $55,000 | -35.3% | 0.0% |
| Equity Prime Mortgage LLC | $285,000 | $55,000 | -80.7% | 0.0% |
| Republic Bank & Trust Company | $55,000 | n/a | 0.0% |
Paducah's top lender by overall market share is The Paducah Bank and Trust Company, with 11.8% market share. In second place, with 10.1%, is Independence Bank of Kentucky, having originated $44,850,000 in loans. In third place, with 9.7%, is U.S. Bank, having originated $43,190,000 in loans. In fourth place, with 8.7%, is QUICKEN LOANS, LLC, having originated $38,715,000 in loans. In fifth place, with 6.2%, is Wells Fargo Bank, having originated $27,475,000 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 (-8.0%) | 0.00 | 582 |
| 2018-05-01 | $149,900 (0.1%) | $186,747 (-5.5%) | 0.00 | 609 |
| 2018-06-01 | $145,000 (-3.3%) | $187,946 (-3.1%) | 0.00 | 619 |
| 2018-07-01 | $139,900 (-6.7%) | $181,883 (-6.6%) | 0.00 | 636 |
| 2018-08-01 | $137,850 (-8.0%) | $179,233 (-6.0%) | 0.00 | 615 |
| 2018-09-01 | $135,000 (-8.8%) | $178,966 (-4.1%) | 0.00 | 600 |
| 2018-10-01 | $137,975 (-8.0%) | $183,233 (-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 | $144,900 (4.2%) | $193,357 (10.7%) | 0.00 | 507 |
| 2019-02-01 | $144,900 (5.5%) | $196,428 (14.2%) | 0.00 | 523 |
| 2019-03-01 | $144,900 (-2.8%) | $197,002 (11.1%) | 0.00 | 550 |
| 2019-04-01 | $142,425 (-2.3%) | $195,429 (8.0%) | 0.00 | 558 |
| 2019-05-01 | $144,950 (-3.3%) | $201,242 (7.8%) | 0.00 | 554 |
| 2019-06-01 | $144,900 (-0.1%) | $202,845 (7.9%) | 0.00 | 575 |
| 2019-07-01 | $141,975 (1.5%) | $202,929 (11.6%) | 0.00 | 576 |
| 2019-08-01 | $147,664 (7.1%) | $207,123 (15.6%) | 0.00 | 568 |
| 2019-09-01 | $148,809 (10.2%) | $208,837 (16.7%) | 0.00 | 554 |
| 2019-10-01 | $149,800 (8.6%) | $209,999 (14.6%) | 0.00 | 544 |
| 2019-11-01 | $150,000 (7.6%) | $213,578 (16.4%) | 0.00 | 521 |
| 2019-12-01 | $154,900 (6.9%) | $216,967 (13.0%) | 0.00 | 480 |
| 2020-01-01 | $144,700 (-0.1%) | $211,648 (9.5%) | 0.00 | 447 |
| 2020-02-01 | $139,900 (-3.5%) | $216,026 (10.0%) | 0.00 | 371 |
| 2020-03-01 | $149,900 (3.5%) | $227,592 (15.5%) | 0.00 | 372 |
| 2020-04-01 | $149,700 (5.1%) | $230,364 (17.9%) | 0.00 | 352 |
| 2020-05-01 | $149,900 (3.4%) | $228,766 (13.7%) | 0.00 | 312 |
| 2020-06-01 | $163,200 (12.6%) | $234,589 (15.7%) | 0.00 | 305 |
| 2020-07-01 | $169,900 (19.7%) | $234,209 (15.4%) | 0.00 | 305 |
| 2020-08-01 | $164,440 (11.4%) | $233,403 (12.7%) | 0.00 | 287 |
| 2020-09-01 | $146,325 (-1.7%) | $220,652 (5.7%) | 0.00 | 273 |
| 2020-10-01 | $149,900 (0.1%) | $216,248 (3.0%) | 0.00 | 276 |
| 2020-11-01 | $144,900 (-3.4%) | $215,335 (0.8%) | 0.00 | 247 |
| 2020-12-01 | $154,900 (0.0%) | $220,234 (1.5%) | 0.00 | 239 |
| 2021-01-01 | $159,450 (10.2%) | $218,848 (3.4%) | 0.00 | 217 |
| 2021-02-01 | $146,150 (4.5%) | $220,066 (1.9%) | 0.00 | 197 |
| 2021-03-01 | $136,598 (-8.9%) | $203,941 (-10.4%) | 0.00 | 166 |
| 2021-04-01 | $144,700 (-3.3%) | $217,685 (-5.5%) | 0.00 | 150 |
| 2021-05-01 | $149,900 (0.0%) | $217,145 (-5.1%) | 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 (9.4%) | 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 | $179,225 (16.2%) | $249,380 (-6.9%) | 0.00 | 162 |
| 2022-09-01 | $190,725 (42.1%) | $242,195 (-1.4%) | 0.00 | 167 |
| 2022-10-01 | $219,950 (49.1%) | $258,299 (9.2%) | 0.00 | 164 |
| 2022-11-01 | $218,750 (48.7%) | $269,094 (0.9%) | 0.00 | 160 |
| 2022-12-01 | $218,500 (71.4%) | $270,173 (28.2%) | 0.00 | 160 |
| 2023-01-01 | $223,225 (59.6%) | $272,135 (23.0%) | 0.00 | 135 |
| 2023-02-01 | $223,875 (60.0%) | $273,872 (24.2%) | 0.00 | 134 |
Paducah's median listing price comes in at 0% of the national average.
Paducah's average listing price for 2023-02-01 was $273,872, a difference of $53,441 (24.2%) versus the prior year and $1,737 versus the prior month.
For the 2023-02-01 period, Paducah had 134 MLS listings, a difference of -1 listings (-1%) versus the prior month and 15 listings (13%) 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 | 1,776 sqft |
| 2018-02-01 | 0 days | 1,725 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 | 1,802 sqft |
| 2018-08-01 | 0 days | 1,800 sqft |
| 2018-09-01 | 0 days | 1,790 sqft |
| 2018-10-01 | 0 days | 1,768 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 | 1,778 sqft |
| 2019-03-01 | 0 days | 1,767 sqft |
| 2019-04-01 | 0 days | 1,735 sqft |
| 2019-05-01 | 0 days | 1,737 sqft |
| 2019-06-01 | 0 days | 1,750 sqft |
| 2019-07-01 | 0 days | 1,726 sqft |
| 2019-08-01 | 0 days | 1,766 sqft |
| 2019-09-01 | 0 days | 1,791 sqft |
| 2019-10-01 | 0 days | 1,810 sqft |
| 2019-11-01 | 0 days | 1,850 sqft |
| 2019-12-01 | 0 days | 1,915 sqft |
| 2020-01-01 | 0 days | 1,812 sqft |
| 2020-02-01 | 0 days | 1,752 sqft |
| 2020-03-01 | 0 days | 1,890 sqft |
| 2020-04-01 | 0 days | 1,888 sqft |
| 2020-05-01 | 0 days | 1,925 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 | 1,732 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 | 1,603 sqft |
| 2022-09-01 | 0 days | 1,604 sqft |
| 2022-10-01 | 0 days | 1,727 sqft |
| 2022-11-01 | 0 days | 1,806 sqft |
| 2022-12-01 | 0 days | 1,860 sqft |
| 2023-01-01 | 0 days | 1,824 sqft |
| 2023-02-01 | 0 days | 1,751 sqft |
Paducah's median square footage for active listings during the 2023-02-01 period was 1,751 sqft. One year prior, the average listing was 1,398 sqft.
Paducah, KY-IL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,019 | $215,505,000 | $211,487 |
| Refi | 863 | $151,875,000 | $175,985 |
| Cash Out Refi | 379 | $64,045,000 | $168,984 |
| Other | 77 | $8,185,000 | $106,299 |
| Home Improvement | 74 | $6,590,000 | $89,054 |
Paducah's most frequently cited loan purpose was Home Purchase, with 1,019 originations. The 2nd most popular reason was Refi, with 863 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 925 | $184,565,000 | $199,530 |
| 2.5-3% | 788 | $139,400,000 | $176,904 |
| <2.5% | 358 | $65,880,000 | $184,022 |
| 4-5% | 140 | $20,120,000 | $143,714 |
| 5-6% | 39 | $3,475,000 | $89,103 |
| Over 8% | 25 | $1,835,000 | $73,400 |
| 6-7% | 24 | $1,830,000 | $76,250 |
| 7-8% | 12 | $860,000 | $71,667 |
During 2021, Paducah's most frequently originated rate bucket was 3-4%, with 925 originations.
Loan Sizing (Paducah, KY-IL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,091 | $156,665,000 | $143,598 |
| $100,000 or less | 703 | $47,135,000 | $67,048 |
| $200k-400k | 523 | $137,215,000 | $262,361 |
| $400k-600k | 64 | $30,880,000 | $482,500 |
| $600k-1000k | 19 | $14,655,000 | $771,316 |
| $Over $1MM | 12 | $59,650,000 | $4,970,833 |
Paducah's loan sizing saw the bucket of loans from $100k-200k with 1,091 originations, totaling $156,665,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 980 | $173,280,000 | $176,816 |
| 60-80% | 732 | $160,750,000 | $219,604 |
| 40-60% | 291 | $41,735,000 | $143,419 |
| 20-40% | 157 | $24,905,000 | $158,631 |
| Under 20% | 57 | $2,035,000 | $35,702 |
| Over 100% | 37 | $6,795,000 | $183,649 |
Paducah's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 980 originations, totaling $173,280,000 in origination value.