Plattsburgh Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Plattsburgh averaged
6.5%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.9% and
one month ago for the week of 2024-09-05, the
average rate was 6.13%.
Plattsburgh's average rate one year ago was 7.57%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.82%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Plattsburgh 30 Year Fixed Rate | 2024-10-10 | 6.5% |
Plattsburgh 30 Year Fixed Rate Refi | 2024-10-10 | 6.82% |
Plattsburgh 15 Year Fixed Rate | 2024-10-10 | 5.51% |
Plattsburgh 15 Year Fixed Rate Refi | 2024-10-10 | 5.51% |
Plattsburgh 30 Year FHA | 2024-10-10 | 6.29% |
Plattsburgh 30 Year FHA Refi | 2024-10-10 | 6.3% |
Plattsburgh 30 Year USDA | 2024-10-10 | 5.98% |
Plattsburgh 30 Year USDA Refi | 2024-10-10 | 6.08% |
Plattsburgh 30 Year VA | 2024-10-10 | 5.65% |
Plattsburgh 30 Year VA Refi | 2024-10-10 | 5.85% |
Plattsburgh 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 Plattsburgh, NY 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.).
Plattsburgh Average Closing Costs & Other Stats
Plattsburgh, NY's 43 lenders originated 738
loans during 2023. The total origination value was $136,220,000, with an average loan value of
$184,580.
Plattsburgh's average closing costs are $4,487.
The top Plattsburgh lender as defined by loan originations is Community Bank, with
141 loans originated. Their average total fees are
$731, which is $3,039
lower than the next largest lender,
PARAGON HOME LOANS INC..
The lowest fee Plattsburgh lenders (with over 10 loans originated) are
Community Bank ($731), Glens Falls National Bank and Trust Company ($3,523), PARAGON HOME LOANS INC. ($3,769), ABSOLUTE HOME MORTGAGE CORPORATION ($4,695) and QUICKEN LOANS, LLC ($6,105).
The lowest rate Plattsburgh lenders (with over 10 loans originated) are
Glens Falls National Bank and Trust Company (5.71%), PARAGON HOME LOANS INC. (6.42%), Community Bank (6.98%), QUICKEN LOANS, LLC (7.06%) and ABSOLUTE HOME MORTGAGE CORPORATION (7.08%).
Plattsburgh, NY 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 |
---|---|---|---|---|
Community Bank | $35,480,000 | $39,285,000 | 10.7% | 28.8% |
QUICKEN LOANS, LLC | $16,070,000 | $11,040,000 | -31.3% | 8.1% |
Glens Falls National Bank and Trust Company | $14,580,000 | $8,690,000 | -40.4% | 6.4% |
BMO Harris Bank | $8,555,000 | n/a | 6.3% | |
ABSOLUTE HOME MORTGAGE CORPORATION | $430,000 | $8,480,000 | 1,872.1% | 6.2% |
PARAGON HOME LOANS INC. | $14,060,000 | $6,800,000 | -51.6% | 5.0% |
NBT Bank | $4,595,000 | $5,100,000 | 11.0% | 3.7% |
Arbor Realty Trust, Inc. | $4,505,000 | n/a | 3.3% | |
TD Bank | $9,135,000 | $4,470,000 | -51.1% | 3.3% |
UNITED WHOLESALE MORTGAGE, LLC | $3,910,000 | $3,145,000 | -19.6% | 2.3% |
KeyBank | $5,275,000 | $2,800,000 | -46.9% | 2.1% |
Mortgage Research Center, LLC | $2,590,000 | $1,845,000 | -28.8% | 1.4% |
AMERICAN FINANCIAL RESOURCES, INC. | $1,540,000 | $1,585,000 | 2.9% | 1.2% |
USAA Federal Savings Bank | $1,235,000 | $1,555,000 | 25.9% | 1.1% |
SEFCU SERVICES, LLC | $135,000 | $1,520,000 | 1,025.9% | 1.1% |
NBKC BANK | $1,055,000 | $1,285,000 | 21.8% | 0.9% |
NAVY FEDERAL CREDIT UNION | $3,245,000 | $1,175,000 | -63.8% | 0.9% |
PENTAGON FEDERAL CREDIT UNION | $1,095,000 | n/a | 0.8% | |
Citizens Bank | $1,885,000 | $1,030,000 | -45.4% | 0.8% |
CROSSCOUNTRY MORTGAGE, LLC | $15,735,000 | $1,020,000 | -93.5% | 0.7% |
21ST MORTGAGE CORPORATION | $755,000 | $985,000 | 30.5% | 0.7% |
Monson Savings Bank | $975,000 | n/a | 0.7% | |
PENNYMAC LOAN SERVICES, LLC | $975,000 | n/a | 0.7% | |
Mr. Cooper ( Nationstar Mortgage ) | $2,325,000 | $945,000 | -59.4% | 0.7% |
PNC Bank | $915,000 | n/a | 0.7% | |
PLAZA HOME MORTGAGE, INC. | $800,000 | $875,000 | 9.4% | 0.6% |
RELIANCE FIRST CAPITAL, LLC | $485,000 | $760,000 | 56.7% | 0.6% |
HOMESTEAD FUNDING CORP. | $2,110,000 | $710,000 | -66.4% | 0.5% |
NORTHERN CREDIT UNION | $265,000 | $705,000 | 166.0% | 0.5% |
Discover Bank | $305,000 | $670,000 | 119.7% | 0.5% |
Barrington Bank & Trust Company, N.A. | $125,000 | $595,000 | 376.0% | 0.4% |
TOTAL MORTGAGE SERVICES, LLC | $560,000 | n/a | 0.4% | |
M&T Bank | $850,000 | $535,000 | -37.1% | 0.4% |
The Federal Savings Bank | $570,000 | $530,000 | -7.0% | 0.4% |
Farm Credit East, ACA | $270,000 | $520,000 | 92.6% | 0.4% |
Bank of England | $190,000 | $515,000 | 171.1% | 0.4% |
UTILITIES EMPLOYEES CREDIT UNION | $350,000 | $500,000 | 42.9% | 0.4% |
JPMorgan Chase Bank | $980,000 | $390,000 | -60.2% | 0.3% |
GUARANTEED RATE, INC. | $645,000 | $370,000 | -42.6% | 0.3% |
Carrington Mortgage Services, LLC | $895,000 | $360,000 | -59.8% | 0.3% |
Wells Fargo Bank | $2,400,000 | $335,000 | -86.0% | 0.2% |
Northwest Bank | $325,000 | n/a | 0.2% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $315,000 | n/a | 0.2% | |
U.S. Bank | $735,000 | $300,000 | -59.2% | 0.2% |
Adirondack Bank | $940,000 | $275,000 | -70.7% | 0.2% |
WALL STREET MORTGAGE BANKERS, LTD. | $275,000 | n/a | 0.2% | |
SUN WEST MORTGAGE COMPANY, INC. | $265,000 | n/a | 0.2% | |
Evolve Bank & Trust | $265,000 | $255,000 | -3.8% | 0.2% |
Wilmington Savings Fund Society, FSB | $245,000 | n/a | 0.2% | |
MOVEMENT MORTGAGE, LLC | $195,000 | $240,000 | 23.1% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $230,000 | n/a | 0.2% | |
CMG MORTGAGE, INC. | $225,000 | n/a | 0.2% | |
FINANCE OF AMERICA REVERSE LLC | $225,000 | n/a | 0.2% | |
RBC Bank, (Georgia) | $225,000 | n/a | 0.2% | |
NEWREZ LLC | $565,000 | $190,000 | -66.4% | 0.1% |
Berkshire Bank | $185,000 | n/a | 0.1% | |
HUDSON VALLEY CREDIT UNION | $180,000 | n/a | 0.1% | |
North American Savings Bank, F.S.B. | $175,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $155,000 | n/a | 0.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $155,000 | n/a | 0.1% | |
FREEDOM MORTGAGE CORPORATION | $1,215,000 | $145,000 | -88.1% | 0.1% |
STATE EMPLOYEES FEDERAL CREDIT UNION | $130,000 | n/a | 0.1% | |
Ally Bank | $125,000 | n/a | 0.1% | |
Flagstar Bank, FSB | $420,000 | $115,000 | -72.6% | 0.1% |
LOANDEPOT.COM, LLC | $2,520,000 | $115,000 | -95.4% | 0.1% |
TCT | $115,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $115,000 | n/a | 0.1% | |
AMERICAN FINANCIAL NETWORK, INC. | $105,000 | n/a | 0.1% | |
Byline Bank | $105,000 | n/a | 0.1% | |
CONTOUR MORTGAGE CORPORATION | $105,000 | n/a | 0.1% | |
United States Senate Federal Credit Union | $105,000 | n/a | 0.1% | |
Bank of America | $1,015,000 | $100,000 | -90.1% | 0.1% |
Signature Federal Credit Union | $95,000 | n/a | 0.1% | |
Saratoga National Bank and Trust Company | $85,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $220,000 | $65,000 | -70.5% | 0.0% |
AMERICU Credit Union | $15,000 | n/a | 0.0% |
Plattsburgh's top lender by overall market share is Community Bank, with 28.8% market share. In second place, with 8.1%, is QUICKEN LOANS, LLC, having originated $11,040,000 in loans. In third place, with 6.4%, is Glens Falls National Bank and Trust Company, having originated $8,690,000 in loans. In fourth place, with 6.3%, is BMO Harris Bank, having originated $8,555,000 in loans. In fifth place, with 6.2%, is ABSOLUTE HOME MORTGAGE CORPORATION, having originated $8,480,000 in loans.
Plattsburgh Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Plattsburgh (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $138,675 (-12.2%) | $201,199 (-2.4%) | 0.00 | 231 |
2018-02-01 | $139,900 (-8.1%) | $206,617 (1.5%) | 0.00 | 224 |
2018-03-01 | $154,900 (3.4%) | $219,828 (9.4%) | 0.00 | 221 |
2018-04-01 | $161,875 (8.6%) | $233,205 (11.6%) | 0.00 | 234 |
2018-05-01 | $169,925 (12.1%) | $241,253 (7.7%) | 0.00 | 250 |
2018-06-01 | $172,400 (6.1%) | $242,173 (5.7%) | 0.00 | 280 |
2018-07-01 | $179,900 (12.5%) | $245,225 (9.4%) | 0.00 | 288 |
2018-08-01 | $179,925 (12.5%) | $245,997 (9.0%) | 0.00 | 285 |
2018-09-01 | $175,000 (9.7%) | $241,870 (11.1%) | 0.00 | 269 |
2018-10-01 | $166,000 (4.2%) | $238,755 (12.8%) | 0.00 | 263 |
2018-11-01 | $172,325 (18.9%) | $239,035 (16.7%) | 0.00 | 237 |
2018-12-01 | $159,900 (14.3%) | $219,647 (9.1%) | 0.00 | 207 |
2019-01-01 | $158,000 (13.9%) | $220,760 (9.7%) | 0.00 | 180 |
2019-02-01 | $159,900 (14.3%) | $222,477 (7.7%) | 0.00 | 173 |
2019-03-01 | $160,371 (3.5%) | $224,273 (2.0%) | 0.00 | 169 |
2019-04-01 | $160,921 (-0.6%) | $225,011 (-3.5%) | 0.00 | 167 |
2019-05-01 | $169,950 (0.0%) | $226,101 (-6.3%) | 0.00 | 197 |
2019-06-01 | $169,900 (-1.5%) | $229,341 (-5.3%) | 0.00 | 237 |
2019-07-01 | $189,000 (5.1%) | $240,684 (-1.9%) | 0.00 | 268 |
2019-08-01 | $188,536 (4.8%) | $235,525 (-4.3%) | 0.00 | 277 |
2019-09-01 | $186,491 (6.6%) | $234,251 (-3.2%) | 0.00 | 272 |
2019-10-01 | $184,900 (11.4%) | $233,252 (-2.3%) | 0.00 | 260 |
2019-11-01 | $169,900 (-1.4%) | $231,188 (-3.3%) | 0.00 | 234 |
2019-12-01 | $167,450 (4.7%) | $234,959 (7.0%) | 0.00 | 194 |
2020-01-01 | $154,375 (-2.3%) | $218,555 (-1.0%) | 0.00 | 171 |
2020-02-01 | $159,450 (-0.3%) | $226,183 (1.7%) | 0.00 | 157 |
2020-03-01 | $189,675 (18.3%) | $241,560 (7.7%) | 0.00 | 169 |
2020-04-01 | $192,175 (19.4%) | $242,578 (7.8%) | 0.00 | 172 |
2020-05-01 | $189,000 (11.2%) | $247,938 (9.7%) | 0.00 | 152 |
2020-06-01 | $189,450 (11.5%) | $244,837 (6.8%) | 0.00 | 160 |
2020-07-01 | $200,000 (5.8%) | $260,767 (8.3%) | 0.00 | 166 |
2020-08-01 | $205,000 (8.7%) | $263,833 (12.0%) | 0.00 | 164 |
2020-09-01 | $201,200 (7.9%) | $264,597 (13.0%) | 0.00 | 171 |
2020-10-01 | $190,950 (3.3%) | $262,285 (12.5%) | 0.00 | 166 |
2020-11-01 | $192,175 (13.1%) | $261,992 (13.3%) | 0.00 | 163 |
2020-12-01 | $194,225 (16.0%) | $260,107 (10.7%) | 0.00 | 150 |
2021-01-01 | $189,000 (22.4%) | $251,708 (15.2%) | 0.00 | 133 |
2021-02-01 | $175,625 (10.1%) | $238,784 (5.6%) | 0.00 | 118 |
2021-03-01 | $201,375 (6.2%) | $265,237 (9.8%) | 0.00 | 94 |
2021-04-01 | $225,750 (17.5%) | $285,342 (17.6%) | 0.00 | 86 |
2021-05-01 | $239,000 (26.5%) | $292,609 (18.0%) | 0.00 | 86 |
2021-06-01 | $249,900 (31.9%) | $292,594 (19.5%) | 0.00 | 105 |
2021-07-01 | $230,000 (15.0%) | $277,144 (6.3%) | 0.00 | 110 |
2021-08-01 | $232,425 (13.4%) | $263,006 (-0.3%) | 0.00 | 106 |
2021-09-01 | $222,881 (10.8%) | $244,483 (-7.6%) | 0.00 | 102 |
2021-10-01 | $204,975 (7.3%) | $260,171 (-0.8%) | 0.00 | 102 |
2021-11-01 | $189,975 (-1.2%) | $234,987 (-10.3%) | 0.00 | 101 |
2021-12-01 | $189,925 (-2.2%) | $224,896 (-13.5%) | 0.00 | 89 |
2022-01-01 | $182,950 (-3.2%) | $212,545 (-15.6%) | 0.00 | 90 |
2022-02-01 | $191,700 (9.2%) | $214,981 (-10.0%) | 0.00 | 71 |
2022-03-01 | $188,450 (-6.4%) | $209,525 (-21.0%) | 0.00 | 67 |
2022-04-01 | $178,000 (-21.2%) | $209,370 (-26.6%) | 0.00 | 64 |
2022-05-01 | $197,200 (-17.5%) | $247,650 (-15.4%) | 0.00 | 81 |
2022-06-01 | $218,000 (-12.8%) | $261,978 (-10.5%) | 0.00 | 113 |
2022-07-01 | $219,363 (-4.6%) | $267,004 (-3.7%) | 0.00 | 128 |
2022-08-01 | $223,313 (-3.9%) | $276,650 (5.2%) | 0.00 | 121 |
2022-09-01 | $201,200 (-9.7%) | $273,948 (12.1%) | 0.00 | 111 |
2022-10-01 | $204,500 (-0.2%) | $264,184 (1.5%) | 0.00 | 111 |
2022-11-01 | $184,950 (-2.6%) | $245,538 (4.5%) | 0.00 | 101 |
2022-12-01 | $174,900 (-7.9%) | $222,916 (-0.9%) | 0.00 | 90 |
2023-01-01 | $182,498 (-0.3%) | $225,298 (6.0%) | 0.00 | 89 |
2023-02-01 | $182,425 (-4.8%) | $230,622 (7.3%) | 0.00 | 89 |
2023-03-01 | $219,306 (16.4%) | $255,944 (22.2%) | 0.00 | 83 |
2023-04-01 | $237,500 (33.4%) | $271,604 (29.7%) | 0.00 | 78 |
2023-05-01 | $238,900 (21.2%) | $297,915 (20.3%) | 0.00 | 91 |
2023-06-01 | $249,000 (14.2%) | $299,077 (14.2%) | 0.00 | 101 |
2023-07-01 | $235,000 (7.1%) | $289,170 (8.3%) | 0.00 | 120 |
2023-08-01 | $226,900 (1.6%) | $289,084 (4.5%) | 0.00 | 125 |
2023-09-01 | $225,000 (11.8%) | $276,695 (1.0%) | 0.00 | 120 |
2023-10-01 | $238,675 (16.7%) | $284,636 (7.7%) | 0.00 | 132 |
2023-11-01 | $239,925 (29.7%) | $286,591 (16.7%) | 0.00 | 116 |
2023-12-01 | $245,000 (40.1%) | $302,758 (35.8%) | 0.00 | 111 |
2024-01-01 | $239,950 (31.5%) | $297,744 (32.2%) | 0.00 | 100 |
2024-02-01 | $248,950 (36.5%) | $302,437 (31.1%) | 0.00 | 95 |
2024-03-01 | $269,950 (23.1%) | $303,079 (18.4%) | 0.00 | 88 |
2024-04-01 | $261,075 (9.9%) | $297,693 (9.6%) | 0.00 | 89 |
2024-05-01 | $257,500 (7.8%) | $299,317 (0.5%) | 0.00 | 94 |
2024-06-01 | $249,900 (0.4%) | $317,791 (6.3%) | 0.00 | 113 |
2024-07-01 | $247,450 (5.3%) | $313,084 (8.3%) | 0.00 | 129 |
2024-08-01 | $239,000 (5.3%) | $297,958 (3.1%) | 0.00 | 148 |
2024-09-01 | $231,875 (3.1%) | $307,411 (11.1%) | 0.00 | 149 |
Plattsburgh's median listing price comes in at 0% of the national average.
Plattsburgh's average listing price for 2024-09-01 was $307,411, a difference of $30,716 (11.1%) versus the prior year and $9,453 versus the prior month.
For the 2024-09-01 period, Plattsburgh had 149 MLS listings, a difference of 1 listings (1%) versus the prior month and 29 listings (24%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Plattsburgh (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,620 sqft |
2018-02-01 | 0 days | 1,625 sqft |
2018-03-01 | 0 days | 1,639 sqft |
2018-04-01 | 0 days | 1,690 sqft |
2018-05-01 | 0 days | 1,704 sqft |
2018-06-01 | 0 days | 1,732 sqft |
2018-07-01 | 0 days | 1,755 sqft |
2018-08-01 | 0 days | 1,747 sqft |
2018-09-01 | 0 days | 1,745 sqft |
2018-10-01 | 0 days | 1,742 sqft |
2018-11-01 | 0 days | 1,780 sqft |
2018-12-01 | 0 days | 1,739 sqft |
2019-01-01 | 0 days | 1,740 sqft |
2019-02-01 | 0 days | 1,705 sqft |
2019-03-01 | 0 days | 1,724 sqft |
2019-04-01 | 0 days | 1,724 sqft |
2019-05-01 | 0 days | 1,711 sqft |
2019-06-01 | 0 days | 1,659 sqft |
2019-07-01 | 0 days | 1,713 sqft |
2019-08-01 | 0 days | 1,717 sqft |
2019-09-01 | 0 days | 1,711 sqft |
2019-10-01 | 0 days | 1,707 sqft |
2019-11-01 | 0 days | 1,700 sqft |
2019-12-01 | 0 days | 1,701 sqft |
2020-01-01 | 0 days | 1,644 sqft |
2020-02-01 | 0 days | 1,652 sqft |
2020-03-01 | 0 days | 1,800 sqft |
2020-04-01 | 0 days | 1,821 sqft |
2020-05-01 | 0 days | 1,782 sqft |
2020-06-01 | 0 days | 1,736 sqft |
2020-07-01 | 0 days | 1,740 sqft |
2020-08-01 | 0 days | 1,750 sqft |
2020-09-01 | 0 days | 1,747 sqft |
2020-10-01 | 0 days | 1,712 sqft |
2020-11-01 | 0 days | 1,746 sqft |
2020-12-01 | 0 days | 1,742 sqft |
2021-01-01 | 0 days | 1,669 sqft |
2021-02-01 | 0 days | 1,690 sqft |
2021-03-01 | 0 days | 1,728 sqft |
2021-04-01 | 0 days | 1,818 sqft |
2021-05-01 | 0 days | 1,886 sqft |
2021-06-01 | 0 days | 1,801 sqft |
2021-07-01 | 0 days | 1,815 sqft |
2021-08-01 | 0 days | 1,779 sqft |
2021-09-01 | 0 days | 1,798 sqft |
2021-10-01 | 0 days | 1,728 sqft |
2021-11-01 | 0 days | 1,670 sqft |
2021-12-01 | 0 days | 1,670 sqft |
2022-01-01 | 0 days | 1,666 sqft |
2022-02-01 | 0 days | 1,672 sqft |
2022-03-01 | 0 days | 1,615 sqft |
2022-04-01 | 0 days | 1,536 sqft |
2022-05-01 | 0 days | 1,581 sqft |
2022-06-01 | 0 days | 1,637 sqft |
2022-07-01 | 0 days | 1,699 sqft |
2022-08-01 | 0 days | 1,715 sqft |
2022-09-01 | 0 days | 1,659 sqft |
2022-10-01 | 0 days | 1,614 sqft |
2022-11-01 | 0 days | 1,633 sqft |
2022-12-01 | 0 days | 1,554 sqft |
2023-01-01 | 0 days | 1,563 sqft |
2023-02-01 | 0 days | 1,577 sqft |
2023-03-01 | 0 days | 1,713 sqft |
2023-04-01 | 0 days | 1,708 sqft |
2023-05-01 | 0 days | 1,780 sqft |
2023-06-01 | 0 days | 1,835 sqft |
2023-07-01 | 0 days | 1,835 sqft |
2023-08-01 | 0 days | 1,676 sqft |
2023-09-01 | 0 days | 1,609 sqft |
2023-10-01 | 0 days | 1,715 sqft |
2023-11-01 | 0 days | 1,748 sqft |
2023-12-01 | 0 days | 1,800 sqft |
2024-01-01 | 0 days | 1,790 sqft |
2024-02-01 | 0 days | 1,637 sqft |
2024-03-01 | 0 days | 1,684 sqft |
2024-04-01 | 0 days | 1,713 sqft |
2024-05-01 | 0 days | 1,761 sqft |
2024-06-01 | 0 days | 1,645 sqft |
2024-07-01 | 0 days | 1,636 sqft |
2024-08-01 | 0 days | 1,633 sqft |
2024-09-01 | 0 days | 1,698 sqft |
Plattsburgh's median square footage for active listings during the 2024-09-01 period was 1,698 sqft. One year prior, the average listing was 1,609 sqft.
Plattsburgh, NY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 461 | $99,365,000 | $215,542 |
Home Improvement | 112 | $9,450,000 | $84,375 |
Cash Out Refi | 62 | $15,400,000 | $248,387 |
Refi | 58 | $7,430,000 | $128,103 |
Other | 45 | $4,575,000 | $101,667 |
Plattsburgh's most frequently cited loan purpose was Home Purchase, with 461 originations. The 2nd most popular reason was Home Improvement, with 112 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 271 | $59,425,000 | $219,280 |
7-8% | 195 | $32,035,000 | $164,282 |
5-6% | 99 | $24,965,000 | $252,172 |
Over 8% | 93 | $7,555,000 | $81,237 |
3-4% | 27 | $2,805,000 | $103,889 |
<2.5% | 27 | $3,195,000 | $118,333 |
4-5% | 22 | $3,590,000 | $163,182 |
2.5-3% | 1 | $125,000 | $125,000 |
During 2023, Plattsburgh's most frequently originated rate bucket was 6-7%, with 271 originations.
Loan Sizing (Plattsburgh, NY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 331 | $49,135,000 | $148,444 |
$100,000 or less | 200 | $11,980,000 | $59,900 |
$200k-400k | 183 | $48,675,000 | $265,984 |
$400k-600k | 16 | $7,580,000 | $473,750 |
$600k-1000k | 4 | $3,350,000 | $837,500 |
$Over $1MM | 4 | $15,500,000 | $3,875,000 |
Plattsburgh's loan sizing saw the bucket of loans from $100k-200k with 331 originations, totaling $49,135,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 366 | $72,840,000 | $199,016 |
60-80% | 147 | $40,985,000 | $278,810 |
20-40% | 86 | $6,700,000 | $77,907 |
40-60% | 67 | $9,075,000 | $135,448 |
Under 20% | 64 | $2,950,000 | $46,094 |
Over 100% | 4 | $1,030,000 | $257,500 |
Plattsburgh's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 366 originations, totaling $72,840,000 in origination value.