Plattsburgh Mortgage Rates & Closing Costs

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

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Plattsburgh, NY.

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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Community Bank 141 6.98% $731
PARAGON HOME LOANS INC. 31 6.42% $3,769
Glens Falls National Bank and Trust Company 24 5.71% $3,523
ABSOLUTE HOME MORTGAGE CORPORATION 23 7.08% $4,695
QUICKEN LOANS, LLC 23 7.06% $6,105
TD Bank 9 6.62% $4,297
SEFCU SERVICES, LLC 7 6.23% $3,485
UNITED WHOLESALE MORTGAGE, LLC 5 6.47% $6,788
KeyBank 4 6.75% $9,387
NAVY FEDERAL CREDIT UNION 3 6.42% $4,325
HOMESTEAD FUNDING CORP. 3 7.04% $3,208
TOTAL MORTGAGE SERVICES, LLC 2 7.12% $7,100
Farm Credit East, ACA 2 7.55% $6,177
NBT Bank 2 6.31% $4,008
Wells Fargo Bank 2 6.94% $3,506
PENNYMAC LOAN SERVICES, LLC 2 6.56% $7,533
M&T Bank 1 5.88% $4,029
NBKC BANK 1 7.50% $5,162
NORTHERN CREDIT UNION 1 6.38% $11,407
Northwest Bank 1 6.25% $5,201
PENTAGON FEDERAL CREDIT UNION 1 6.38% $3,873
RBC Bank, (Georgia) 1 5.38% $3,077
SUN WEST MORTGAGE COMPANY, INC. 1 5.87% $11,540
USAA Federal Savings Bank 1 5.88% $7,237
U.S. Bank 1 7.25% $5,999
WALL STREET MORTGAGE BANKERS, LTD. 1 7.88% $11,594
21ST MORTGAGE CORPORATION 1 8.40% $4,841
Wilmington Savings Fund Society, FSB 1 7.25% $3,541
Ally Bank 1 7.88% $4,940
AMERICAN FINANCIAL NETWORK, INC. 1 7.38% $6,012
AMERICAN FINANCIAL RESOURCES, INC. 1 5.88% $12,002
Berkshire Bank 1 7.63% $5,663
Citizens Bank 1 6.13% $6,436
CMG MORTGAGE, INC. 1 6.75% $8,083
CONTOUR MORTGAGE CORPORATION 1 6.63% $6,244
CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $7,355
Discover Bank 1 6.24% $0
Evolve Bank & Trust 1 7.63% $9,752
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.99% $4,680
HUDSON VALLEY CREDIT UNION 1 7.63% $5,649
JPMorgan Chase Bank 1 6.99% $4,809
Mortgage Research Center, LLC 1 7.38% $4,826
MOVEMENT MORTGAGE, LLC 1 6.50% $4,506

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. Louis
Date 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 for 2024-09-01 was $231,875, a difference of $6,875 (3.1%) versus the prior year and $-7,125 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2024-09-01 was 0 days.

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.