Point Pleasant Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Point Pleasant averaged
6.88%
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
7.11% and
one month ago for the week of 2023-02-09, the
average rate was 6.1%.
Point Pleasant's average rate one year ago was 3.93%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.06%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Point Pleasant 30 Year Fixed Rate | 2023-03-16 | 6.88% |
Point Pleasant 30 Year Fixed Rate Refi | 2023-03-16 | 7.06% |
Point Pleasant 15 Year Fixed Rate | 2023-03-16 | 7% |
Point Pleasant 15 Year Fixed Rate Refi | 2023-03-16 | 6.18% |
Point Pleasant 30 Year FHA | 2023-03-16 | 6.7% |
Point Pleasant 30 Year FHA Refi | 2023-03-16 | 6.41% |
Point Pleasant 30 Year USDA | 2023-03-16 | 6.48% |
Point Pleasant 30 Year USDA Refi | 2023-03-16 | 6.42% |
Point Pleasant 30 Year VA | 2023-03-16 | 6.68% |
Point Pleasant 30 Year VA Refi | 2023-03-16 | 5.88% |
Point Pleasant 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 Point Pleasant, WV-OH 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.).
Point Pleasant Average Closing Costs & Other Stats
Point Pleasant, WV-OH's 57 lenders originated 1,060
loans during 2021. The total origination value was $151,200,000, with an average loan value of
$142,642.
Point Pleasant's average closing costs are $4,047.
The top Point Pleasant lender as defined by loan originations is The Ohio Valley Bank Company, with
76 loans originated. Their average total fees are
$3,003, which is $1,978
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Point Pleasant lenders (with over 10 loans originated) are
City National Bank of West Virginia ($1,332), RUOFF MORTGAGE COMPANY, INC. ($2,494), Peoples Bank ($2,939), The Ohio Valley Bank Company ($3,003) and U.S. Bank ($3,459).
The lowest rate Point Pleasant lenders (with over 10 loans originated) are
U.S. Bank (3.00%), WesBanco Bank, Inc. (3.05%), Victorian Finance, LLC (3.21%), QUICKEN LOANS, LLC (3.24%) and RUOFF MORTGAGE COMPANY, INC. (3.34%).
Point Pleasant, WV-OH 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 Ohio Valley Bank Company | $34,295,000 | $24,745,000 | -27.8% | 16.4% |
QUICKEN LOANS, LLC | $10,310,000 | $14,520,000 | 40.8% | 9.6% |
The Farmers Bank & Savings Company | $12,615,000 | $12,710,000 | 0.8% | 8.4% |
Victorian Finance, LLC | $9,490,000 | $6,880,000 | -27.5% | 4.6% |
City National Bank of West Virginia | $3,405,000 | $6,565,000 | 92.8% | 4.3% |
Peoples Bank | $8,320,000 | $6,270,000 | -24.6% | 4.1% |
WesBanco Bank, Inc. | $3,815,000 | $5,105,000 | 33.8% | 3.4% |
LOANDEPOT.COM, LLC | $1,385,000 | $5,060,000 | 265.3% | 3.3% |
RUOFF MORTGAGE COMPANY, INC. | $105,000 | $4,910,000 | 4,576.2% | 3.2% |
U.S. Bank | $3,790,000 | $4,275,000 | 12.8% | 2.8% |
Farm Credit Mid-America, ACA | $2,735,000 | $3,230,000 | 18.1% | 2.1% |
Mortgage Research Center, LLC | $1,345,000 | $2,905,000 | 116.0% | 1.9% |
FREEDOM MORTGAGE CORPORATION | $3,760,000 | $2,720,000 | -27.7% | 1.8% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,670,000 | $2,610,000 | -2.2% | 1.7% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $2,255,000 | $2,445,000 | 8.4% | 1.6% |
MOVEMENT MORTGAGE, LLC | $985,000 | $1,815,000 | 84.3% | 1.2% |
THE VINTON COUNTY NATIONAL BANK | $685,000 | $1,635,000 | 138.7% | 1.1% |
ATOMIC CREDIT UNION, INC. | $190,000 | $1,555,000 | 718.4% | 1.0% |
Gateway First Bank | $910,000 | $1,510,000 | 65.9% | 1.0% |
The Huntington National Bank | $1,780,000 | $1,495,000 | -16.0% | 1.0% |
CALIBER HOME LOANS, INC. | $1,020,000 | $1,430,000 | 40.2% | 0.9% |
Putnam County Bank | $565,000 | $1,425,000 | 152.2% | 0.9% |
UNION HOME MORTGAGE CORP. | $970,000 | $1,405,000 | 44.8% | 0.9% |
Wells Fargo Bank | $220,000 | $1,310,000 | 495.5% | 0.9% |
CMG MORTGAGE, INC. | $865,000 | $1,260,000 | 45.7% | 0.8% |
Hometown Lenders, Inc. | $335,000 | $1,240,000 | 270.1% | 0.8% |
STOCKTON MORTGAGE CORPORATION | $2,075,000 | $1,220,000 | -41.2% | 0.8% |
Mr. Cooper ( Nationstar Mortgage ) | $560,000 | $1,130,000 | 101.8% | 0.7% |
Truist Bank | $685,000 | $1,110,000 | 62.0% | 0.7% |
RAPID MORTGAGE COMPANY | $925,000 | $1,020,000 | 10.3% | 0.7% |
21ST MORTGAGE CORPORATION | $1,305,000 | $1,000,000 | -23.4% | 0.7% |
JPMorgan Chase Bank | $1,170,000 | $940,000 | -19.7% | 0.6% |
Paramount Residential Mortgage Group, Inc. | $960,000 | $935,000 | -2.6% | 0.6% |
United Bank | $920,000 | $825,000 | -10.3% | 0.5% |
NAVY FEDERAL CREDIT UNION | $875,000 | $810,000 | -7.4% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $155,000 | $785,000 | 406.5% | 0.5% |
The Poca Valley Bank, Inc. | $1,955,000 | $785,000 | -59.8% | 0.5% |
USAA Federal Savings Bank | $405,000 | $745,000 | 84.0% | 0.5% |
Farm Credit of the Virginias, ACA | $645,000 | $710,000 | 10.1% | 0.5% |
LIBERTY HOME MORTGAGE CORPORATION | $95,000 | $655,000 | 589.5% | 0.4% |
LAKEVIEW LOAN SERVICING, LLC | $295,000 | $645,000 | 118.6% | 0.4% |
BETTER MORTGAGE CORPORATION | $635,000 | n/a | 0.4% | |
NEWREZ LLC | $95,000 | $625,000 | 557.9% | 0.4% |
Barrington Bank & Trust Company, N.A. | $265,000 | $575,000 | 117.0% | 0.4% |
Flagstar Bank, FSB | $25,000 | $560,000 | 2,140.0% | 0.4% |
SUN WEST MORTGAGE COMPANY, INC. | $645,000 | $535,000 | -17.1% | 0.4% |
NEW DAY FINANCIAL, LLC | $315,000 | $505,000 | 60.3% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $735,000 | $485,000 | -34.0% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $95,000 | $480,000 | 405.3% | 0.3% |
First Federal Bank of the Midwest | $475,000 | n/a | 0.3% | |
BAYSHORE MORTGAGE FUNDING, LLC | $450,000 | n/a | 0.3% | |
Cf Bank | $425,000 | n/a | 0.3% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $405,000 | n/a | 0.3% | |
Servion, Inc. | $405,000 | n/a | 0.3% | |
VILLAGE CAPITAL & INVESTMENT LLC | $250,000 | $405,000 | 62.0% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $475,000 | $390,000 | -17.9% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $500,000 | $365,000 | -27.0% | 0.2% |
AgFirst Farm Credit Bank | $75,000 | $335,000 | 346.7% | 0.2% |
BROKER SOLUTIONS, INC. | $115,000 | $330,000 | 187.0% | 0.2% |
T2 FINANCIAL LLC | $330,000 | n/a | 0.2% | |
First Federal Savings and Loan Association of Lakewood | $325,000 | n/a | 0.2% | |
Pathways Financial Credit Union, Inc. | $25,000 | $310,000 | 1,140.0% | 0.2% |
SOUTHWEST STAGE FUNDING, LLC | $700,000 | $310,000 | -55.7% | 0.2% |
MYCUMORTGAGE, LLC | $295,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $235,000 | $290,000 | 23.4% | 0.2% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $280,000 | n/a | 0.2% | |
WEST VIRGINIA CENTRAL FEDERAL CREDIT UNION | $265,000 | n/a | 0.2% | |
HALLMARK HOME MORTGAGE, LLC | $155,000 | $245,000 | 58.1% | 0.2% |
Kentucky Farmers Bank Corporation | $85,000 | $245,000 | 188.2% | 0.2% |
MCNB Bank and Trust Co. | $85,000 | $245,000 | 188.2% | 0.2% |
Carrington Mortgage Services, LLC | $675,000 | $240,000 | -64.4% | 0.2% |
Fifth Third Bank | $880,000 | $230,000 | -73.9% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $230,000 | n/a | 0.2% | |
UNIFY FINANCIAL Credit Union | $230,000 | n/a | 0.2% | |
LIMA ONE CAPITAL, LLC | $75,000 | $220,000 | 193.3% | 0.1% |
Bank of England | $205,000 | n/a | 0.1% | |
HONDA Federal Credit Union | $205,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $135,000 | $205,000 | 51.9% | 0.1% |
UNITED WHOLESALE MORTGAGE, LLC | $195,000 | n/a | 0.1% | |
PENTAGON FEDERAL CREDIT UNION | $190,000 | n/a | 0.1% | |
The Federal Savings Bank | $185,000 | n/a | 0.1% | |
The Farmers National Bank of Canfield | $165,000 | n/a | 0.1% | |
Nations Lending Corporation | $555,000 | $145,000 | -73.9% | 0.1% |
AMERIFIRST FINANCIAL CORPORATION | $305,000 | $125,000 | -59.0% | 0.1% |
Chicago Mortgage Solutions LLC | $125,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $330,000 | $125,000 | -62.1% | 0.1% |
CityWorth Mortgage LLC | $125,000 | n/a | 0.1% | |
PNC Bank | $625,000 | $125,000 | -80.0% | 0.1% |
WRIGHT-PATT CREDIT UNION, INC. | $115,000 | n/a | 0.1% | |
YOUR HOME FINANCIAL LLC | $115,000 | n/a | 0.1% | |
GUARANTEED RATE, INC. | $105,000 | n/a | 0.1% | |
LENDUS, LLC | $190,000 | $105,000 | -44.7% | 0.1% |
PRIORITY MORTGAGE CORP. | $355,000 | $105,000 | -70.4% | 0.1% |
SWBC MORTGAGE CORPORATION | $105,000 | n/a | 0.1% | |
The Merchants National Bank | $105,000 | n/a | 0.1% | |
Third Federal Savings and Loan Association of Cleveland | $105,000 | n/a | 0.1% | |
Bank of America | $45,000 | $95,000 | 111.1% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $95,000 | n/a | 0.1% | |
Premier Bank, Inc. | $635,000 | $95,000 | -85.0% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $95,000 | $95,000 | 0.0% | 0.1% |
1ST SIGNATURE LENDING, LLC | $300,000 | $85,000 | -71.7% | 0.1% |
AMERICAN ADVISORS GROUP | $85,000 | n/a | 0.1% | |
Citizens Bank of Kentucky, Inc. | $85,000 | n/a | 0.1% | |
First Guaranty Mortgage Corporation | $260,000 | $85,000 | -67.3% | 0.1% |
DESCO | $135,000 | $75,000 | -44.4% | 0.0% |
POLARIS HOME FUNDING CORP. | $270,000 | $75,000 | -72.2% | 0.0% |
The Grant County Bank | $75,000 | n/a | 0.0% | |
UNIVERSAL Federal Credit Union | $55,000 | $65,000 | 18.2% | 0.0% |
CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
KEMBA FINANCIAL | $55,000 | n/a | 0.0% | |
Summit Community Bank, Inc. | $175,000 | $45,000 | -74.3% | 0.0% |
Citizens Deposit Bank & Trust | $500,000 | $35,000 | -93.0% | 0.0% |
Point Pleasant's top lender by overall market share is The Ohio Valley Bank Company, with 16.4% market share. In second place, with 9.6%, is QUICKEN LOANS, LLC, having originated $14,520,000 in loans. In third place, with 8.4%, is The Farmers Bank & Savings Company, having originated $12,710,000 in loans. In fourth place, with 4.6%, is Victorian Finance, LLC, having originated $6,880,000 in loans. In fifth place, with 4.3%, is City National Bank of West Virginia, having originated $6,565,000 in loans.
Point Pleasant Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Point Pleasant (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 | $119,750 (6.5%) | $165,180 (5.6%) | 0.00 | 187 |
2018-02-01 | $124,975 (11.1%) | $170,107 (9.0%) | 0.00 | 188 |
2018-03-01 | $124,950 (7.4%) | $161,396 (7.9%) | 0.00 | 191 |
2018-04-01 | $122,250 (6.3%) | $157,200 (6.6%) | 0.00 | 199 |
2018-05-01 | $122,400 (5.1%) | $167,921 (12.4%) | 0.00 | 205 |
2018-06-01 | $125,580 (4.1%) | $172,292 (15.5%) | 0.00 | 218 |
2018-07-01 | $129,500 (9.8%) | $180,636 (22.2%) | 0.00 | 219 |
2018-08-01 | $129,900 (18.4%) | $182,377 (29.3%) | 0.00 | 221 |
2018-09-01 | $128,000 (11.4%) | $182,358 (25.6%) | 0.00 | 220 |
2018-10-01 | $124,475 (5.4%) | $177,398 (19.9%) | 0.00 | 215 |
2018-11-01 | $122,450 (3.1%) | $178,673 (16.3%) | 0.00 | 205 |
2018-12-01 | $125,000 (5.0%) | $176,551 (13.1%) | 0.00 | 190 |
2019-01-01 | $125,000 (4.4%) | $176,456 (6.8%) | 0.00 | 171 |
2019-02-01 | $127,000 (1.6%) | $172,668 (1.5%) | 0.00 | 173 |
2019-03-01 | $127,264 (1.9%) | $177,500 (10.0%) | 0.00 | 181 |
2019-04-01 | $126,514 (3.5%) | $182,582 (16.2%) | 0.00 | 184 |
2019-05-01 | $129,550 (5.8%) | $182,256 (8.5%) | 0.00 | 180 |
2019-06-01 | $129,900 (3.4%) | $184,046 (6.8%) | 0.00 | 178 |
2019-07-01 | $129,900 (0.3%) | $185,977 (3.0%) | 0.00 | 171 |
2019-08-01 | $128,482 (-1.1%) | $181,779 (-0.3%) | 0.00 | 172 |
2019-09-01 | $126,355 (-1.3%) | $169,347 (-7.1%) | 0.00 | 166 |
2019-10-01 | $124,936 (0.4%) | $168,165 (-5.2%) | 0.00 | 160 |
2019-11-01 | $119,900 (-2.1%) | $171,308 (-4.1%) | 0.00 | 160 |
2019-12-01 | $119,900 (-4.1%) | $158,529 (-10.2%) | 0.00 | 156 |
2020-01-01 | $122,200 (-2.2%) | $167,343 (-5.2%) | 0.00 | 144 |
2020-02-01 | $119,900 (-5.6%) | $164,031 (-5.0%) | 0.00 | 149 |
2020-03-01 | $118,750 (-6.7%) | $159,456 (-10.2%) | 0.00 | 149 |
2020-04-01 | $119,000 (-5.9%) | $164,054 (-10.2%) | 0.00 | 147 |
2020-05-01 | $124,900 (-3.6%) | $172,151 (-5.5%) | 0.00 | 131 |
2020-06-01 | $129,900 (0.0%) | $181,893 (-1.2%) | 0.00 | 130 |
2020-07-01 | $125,950 (-3.0%) | $179,805 (-3.3%) | 0.00 | 139 |
2020-08-01 | $128,750 (0.2%) | $185,372 (2.0%) | 0.00 | 124 |
2020-09-01 | $123,825 (-2.0%) | $184,694 (9.1%) | 0.00 | 102 |
2020-10-01 | $124,900 (0.0%) | $191,886 (14.1%) | 0.00 | 99 |
2020-11-01 | $125,925 (5.0%) | $191,011 (11.5%) | 0.00 | 89 |
2020-12-01 | $124,900 (4.2%) | $194,003 (22.4%) | 0.00 | 89 |
2021-01-01 | $117,000 (-4.3%) | $166,554 (-0.5%) | 0.00 | 80 |
2021-02-01 | $125,900 (5.0%) | $185,747 (13.2%) | 0.00 | 61 |
2021-03-01 | $126,975 (6.9%) | $188,356 (18.1%) | 0.00 | 66 |
2021-04-01 | $129,450 (8.8%) | $187,019 (14.0%) | 0.00 | 66 |
2021-05-01 | $129,450 (3.6%) | $210,341 (22.2%) | 0.00 | 61 |
2021-06-01 | $149,925 (15.4%) | $236,977 (30.3%) | 0.00 | 62 |
2021-07-01 | $164,450 (30.6%) | $304,810 (69.5%) | 0.00 | 61 |
2021-08-01 | $152,963 (18.8%) | $270,125 (45.7%) | 0.00 | 59 |
2021-09-01 | $147,900 (19.4%) | $233,548 (26.5%) | 0.00 | 60 |
2021-10-01 | $158,950 (27.3%) | $235,872 (22.9%) | 0.00 | 67 |
2021-11-01 | $174,725 (38.8%) | $256,428 (34.3%) | 0.00 | 75 |
2021-12-01 | $154,213 (23.5%) | $248,096 (27.9%) | 0.00 | 70 |
2022-01-01 | $139,900 (19.6%) | $247,218 (48.4%) | 0.00 | 65 |
2022-02-01 | $154,000 (22.3%) | $265,703 (43.1%) | 0.00 | 62 |
2022-03-01 | $149,925 (18.1%) | $299,501 (59.0%) | 0.00 | 48 |
2022-04-01 | $182,000 (40.6%) | $323,608 (73.0%) | 0.00 | 42 |
2022-05-01 | $214,900 (66.0%) | $341,040 (62.1%) | 0.00 | 46 |
2022-06-01 | $197,000 (31.4%) | $310,492 (31.0%) | 0.00 | 59 |
2022-07-01 | $189,900 (15.5%) | $294,381 (-3.4%) | 0.00 | 77 |
2022-08-01 | $185,925 (21.6%) | $284,229 (5.2%) | 0.00 | 85 |
2022-09-01 | $168,225 (13.7%) | $267,622 (14.6%) | 0.00 | 78 |
2022-10-01 | $159,900 (0.6%) | $250,834 (6.3%) | 0.00 | 76 |
2022-11-01 | $168,475 (-3.6%) | $260,608 (1.6%) | 0.00 | 80 |
2022-12-01 | $182,450 (18.3%) | $275,326 (11.0%) | 0.00 | 77 |
2023-01-01 | $184,225 (31.7%) | $277,099 (12.1%) | 0.00 | 67 |
2023-02-01 | $191,725 (24.5%) | $275,859 (3.8%) | 0.00 | 63 |
Point Pleasant's median listing price comes in at 0% of the national average.
Point Pleasant's average listing price for 2023-02-01 was $275,859, a difference of $10,156 (3.8%) versus the prior year and $-1,240 versus the prior month.
For the 2023-02-01 period, Point Pleasant had 63 MLS listings, a difference of -4 listings (-6%) versus the prior month and 1 listings (2%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Point Pleasant (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,720 sqft |
2018-02-01 | 0 days | 1,781 sqft |
2018-03-01 | 0 days | 1,719 sqft |
2018-04-01 | 0 days | 1,649 sqft |
2018-05-01 | 0 days | 1,616 sqft |
2018-06-01 | 0 days | 1,649 sqft |
2018-07-01 | 0 days | 1,679 sqft |
2018-08-01 | 0 days | 1,651 sqft |
2018-09-01 | 0 days | 1,600 sqft |
2018-10-01 | 0 days | 1,564 sqft |
2018-11-01 | 0 days | 1,567 sqft |
2018-12-01 | 0 days | 1,578 sqft |
2019-01-01 | 0 days | 1,604 sqft |
2019-02-01 | 0 days | 1,591 sqft |
2019-03-01 | 0 days | 1,579 sqft |
2019-04-01 | 0 days | 1,572 sqft |
2019-05-01 | 0 days | 1,579 sqft |
2019-06-01 | 0 days | 1,650 sqft |
2019-07-01 | 0 days | 1,680 sqft |
2019-08-01 | 0 days | 1,680 sqft |
2019-09-01 | 0 days | 1,680 sqft |
2019-10-01 | 0 days | 1,680 sqft |
2019-11-01 | 0 days | 1,627 sqft |
2019-12-01 | 0 days | 1,594 sqft |
2020-01-01 | 0 days | 1,590 sqft |
2020-02-01 | 0 days | 1,566 sqft |
2020-03-01 | 0 days | 1,549 sqft |
2020-04-01 | 0 days | 1,584 sqft |
2020-05-01 | 0 days | 1,632 sqft |
2020-06-01 | 0 days | 1,719 sqft |
2020-07-01 | 0 days | 1,685 sqft |
2020-08-01 | 0 days | 1,693 sqft |
2020-09-01 | 0 days | 1,624 sqft |
2020-10-01 | 0 days | 1,638 sqft |
2020-11-01 | 0 days | 1,606 sqft |
2020-12-01 | 0 days | 1,596 sqft |
2021-01-01 | 0 days | 1,543 sqft |
2021-02-01 | 0 days | 1,466 sqft |
2021-03-01 | 0 days | 1,480 sqft |
2021-04-01 | 0 days | 1,599 sqft |
2021-05-01 | 0 days | 1,638 sqft |
2021-06-01 | 0 days | 1,685 sqft |
2021-07-01 | 0 days | 1,705 sqft |
2021-08-01 | 0 days | 1,705 sqft |
2021-09-01 | 0 days | 1,754 sqft |
2021-10-01 | 0 days | 1,794 sqft |
2021-11-01 | 0 days | 1,831 sqft |
2021-12-01 | 0 days | 1,791 sqft |
2022-01-01 | 0 days | 1,747 sqft |
2022-02-01 | 0 days | 1,831 sqft |
2022-03-01 | 0 days | 1,672 sqft |
2022-04-01 | 0 days | 1,764 sqft |
2022-05-01 | 0 days | 1,846 sqft |
2022-06-01 | 0 days | 1,844 sqft |
2022-07-01 | 0 days | 1,888 sqft |
2022-08-01 | 0 days | 1,838 sqft |
2022-09-01 | 0 days | 1,790 sqft |
2022-10-01 | 0 days | 1,822 sqft |
2022-11-01 | 0 days | 1,772 sqft |
2022-12-01 | 0 days | 1,826 sqft |
2023-01-01 | 0 days | 1,927 sqft |
2023-02-01 | 0 days | 1,920 sqft |
Point Pleasant's median square footage for active listings during the 2023-02-01 period was 1,920 sqft. One year prior, the average listing was 1,831 sqft.
Point Pleasant, WV-OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 532 | $83,020,000 | $156,053 |
Refi | 335 | $47,105,000 | $140,612 |
Cash Out Refi | 117 | $15,705,000 | $134,231 |
Home Improvement | 46 | $3,040,000 | $66,087 |
Other | 30 | $2,330,000 | $77,667 |
Point Pleasant's most frequently cited loan purpose was Home Purchase, with 532 originations. The 2nd most popular reason was Refi, with 335 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 387 | $58,285,000 | $150,607 |
2.5-3% | 276 | $41,480,000 | $150,290 |
<2.5% | 117 | $17,695,000 | $151,239 |
4-5% | 88 | $10,390,000 | $118,068 |
5-6% | 22 | $1,860,000 | $84,545 |
Over 8% | 18 | $1,680,000 | $93,333 |
6-7% | 11 | $1,145,000 | $104,091 |
7-8% | 6 | $770,000 | $128,333 |
During 2021, Point Pleasant's most frequently originated rate bucket was 3-4%, with 387 originations.
Loan Sizing (Point Pleasant, WV-OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 481 | $66,725,000 | $138,721 |
$100,000 or less | 371 | $24,715,000 | $66,617 |
$200k-400k | 190 | $49,250,000 | $259,211 |
$400k-600k | 13 | $5,865,000 | $451,154 |
$Over $1MM | 3 | $3,325,000 | $1,108,333 |
$600k-1000k | 2 | $1,320,000 | $660,000 |
Point Pleasant's loan sizing saw the bucket of loans from $100k-200k with 481 originations, totaling $66,725,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 432 | $69,640,000 | $161,204 |
60-80% | 263 | $39,455,000 | $150,019 |
40-60% | 110 | $13,140,000 | $119,455 |
20-40% | 54 | $3,760,000 | $69,630 |
Under 20% | 27 | $1,055,000 | $39,074 |
Over 100% | 14 | $2,640,000 | $188,571 |
Point Pleasant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 432 originations, totaling $69,640,000 in origination value.