Point Pleasant Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Point Pleasant averaged
7.07%
for the week of 2023-09-14, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2023-09-07) was
7.21% and
one month ago for the week of 2023-08-10, the
average rate was 7.15%.
Point Pleasant's average rate one year ago was 5.78%.
For refis of the same type during the week of 2023-09-14, the average rate
was 7.78%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-14 | 7.18% |
Point Pleasant 30 Year Fixed Rate | 2023-09-14 | 7.07% |
Point Pleasant 30 Year Fixed Rate Refi | 2023-09-14 | 7.78% |
Point Pleasant 15 Year Fixed Rate | 2023-09-14 | 6.41% |
Point Pleasant 15 Year Fixed Rate Refi | 2023-09-14 | 6.71% |
Point Pleasant 30 Year FHA | 2023-09-14 | 6.87% |
Point Pleasant 30 Year FHA Refi | 2023-09-14 | 6.99% |
Point Pleasant 30 Year USDA | 2023-09-14 | 7.08% |
Point Pleasant 30 Year USDA Refi | 2023-09-14 | 7.08% |
Point Pleasant 30 Year VA | 2023-09-14 | 6.71% |
Point Pleasant 30 Year VA Refi | 2023-09-14 | 6.81% |
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 54 lenders originated 806
loans during 2022. The total origination value was $119,350,000, with an average loan value of
$148,077.
Point Pleasant's average closing costs are $4,279.
The top Point Pleasant lender as defined by loan originations is The Ohio Valley Bank Company, with
54 loans originated. Their average total fees are
$3,595, which is $449
higher than the next largest lender,
Peoples Bank.
The lowest fee Point Pleasant lenders (with over 10 loans originated) are
RUOFF MORTGAGE COMPANY, INC. ($3,079), Peoples Bank ($3,146), The Ohio Valley Bank Company ($3,595), Victorian Finance, LLC ($3,926) and QUICKEN LOANS, LLC ($5,346).
The lowest rate Point Pleasant lenders (with over 10 loans originated) are
RUOFF MORTGAGE COMPANY, INC. (5.13%), Victorian Finance, LLC (5.14%), QUICKEN LOANS, LLC (5.15%), Peoples Bank (5.22%) and The Ohio Valley Bank Company (5.52%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
The Ohio Valley Bank Company | $24,745,000 | $18,220,000 | -26.4% | 15.3% |
The Farmers Bank & Savings Company | $12,710,000 | $10,130,000 | -20.3% | 8.5% |
City National Bank of West Virginia | $6,565,000 | $9,770,000 | 48.8% | 8.2% |
QUICKEN LOANS, LLC | $14,520,000 | $7,915,000 | -45.5% | 6.6% |
Peoples Bank | $6,270,000 | $6,310,000 | 0.6% | 5.3% |
Victorian Finance, LLC | $6,880,000 | $5,475,000 | -20.4% | 4.6% |
RUOFF MORTGAGE COMPANY, INC. | $4,910,000 | $4,290,000 | -12.6% | 3.6% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,610,000 | $2,740,000 | 5.0% | 2.3% |
WesBanco Bank, Inc. | $5,105,000 | $2,690,000 | -47.3% | 2.3% |
Mortgage Research Center, LLC | $2,905,000 | $2,570,000 | -11.5% | 2.2% |
Farm Credit Mid-America, ACA | $3,230,000 | $2,440,000 | -24.5% | 2.0% |
THE VINTON COUNTY NATIONAL BANK | $1,635,000 | $2,290,000 | 40.1% | 1.9% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $2,445,000 | $1,885,000 | -22.9% | 1.6% |
Gateway First Bank | $1,510,000 | $1,860,000 | 23.2% | 1.6% |
LOANDEPOT.COM, LLC | $5,060,000 | $1,795,000 | -64.5% | 1.5% |
MOVEMENT MORTGAGE, LLC | $1,815,000 | $1,630,000 | -10.2% | 1.4% |
The Huntington National Bank | $1,495,000 | $1,485,000 | -0.7% | 1.2% |
Union Savings Bank | $1,385,000 | n/a | 1.2% | |
AMERISAVE MORTGAGE CORPORATION | $390,000 | $1,235,000 | 216.7% | 1.0% |
U.S. Bank | $4,275,000 | $1,150,000 | -73.1% | 1.0% |
Paramount Residential Mortgage Group, Inc. | $935,000 | $1,120,000 | 19.8% | 0.9% |
The Poca Valley Bank, Inc. | $785,000 | $1,055,000 | 34.4% | 0.9% |
Summit Community Bank, Inc. | $45,000 | $1,010,000 | 2,144.4% | 0.8% |
Farm Credit of the Virginias, ACA | $710,000 | $950,000 | 33.8% | 0.8% |
Putnam County Bank | $1,425,000 | $935,000 | -34.4% | 0.8% |
EQUITY RESOURCES, INC. | $890,000 | n/a | 0.7% | |
FREEDOM MORTGAGE CORPORATION | $2,720,000 | $870,000 | -68.0% | 0.7% |
UNITED WHOLESALE MORTGAGE, LLC | $195,000 | $870,000 | 346.2% | 0.7% |
ATOMIC CREDIT UNION, INC. | $1,555,000 | $805,000 | -48.2% | 0.7% |
Bank of Clarke County | $805,000 | n/a | 0.7% | |
RAPID MORTGAGE COMPANY | $1,020,000 | $805,000 | -21.1% | 0.7% |
The Union Bank Company | $740,000 | n/a | 0.6% | |
UNION HOME MORTGAGE CORP. | $1,405,000 | $735,000 | -47.7% | 0.6% |
Wells Fargo Bank | $1,310,000 | $725,000 | -44.7% | 0.6% |
Equity Prime Mortgage LLC | $705,000 | n/a | 0.6% | |
PENNYMAC LOAN SERVICES, LLC | $785,000 | $700,000 | -10.8% | 0.6% |
BROKER SOLUTIONS, INC. | $330,000 | $645,000 | 95.5% | 0.5% |
The Federal Savings Bank | $185,000 | $645,000 | 248.6% | 0.5% |
Fifth Third Bank | $230,000 | $610,000 | 165.2% | 0.5% |
United Bank | $825,000 | $570,000 | -30.9% | 0.5% |
LAKEVIEW LOAN SERVICING, LLC | $645,000 | $525,000 | -18.6% | 0.4% |
STOCKTON MORTGAGE CORPORATION | $1,220,000 | $515,000 | -57.8% | 0.4% |
Hometown Lenders, Inc. | $1,240,000 | $505,000 | -59.3% | 0.4% |
JPMorgan Chase Bank | $940,000 | $490,000 | -47.9% | 0.4% |
21ST MORTGAGE CORPORATION | $1,000,000 | $485,000 | -51.5% | 0.4% |
Warsaw Federal Savings and Loan Association | $475,000 | n/a | 0.4% | |
CALIBER HOME LOANS, INC. | $1,430,000 | $460,000 | -67.8% | 0.4% |
DAS Acquisition Company, LLC | $435,000 | n/a | 0.4% | |
F & M BANK CORP. | $435,000 | n/a | 0.4% | |
UNIFY FINANCIAL Credit Union | $230,000 | $435,000 | 89.1% | 0.4% |
Barrington Bank & Trust Company, N.A. | $575,000 | $410,000 | -28.7% | 0.3% |
EVERETT FINANCIAL, INC. | $410,000 | n/a | 0.3% | |
Mr. Cooper ( Nationstar Mortgage ) | $1,130,000 | $410,000 | -63.7% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $365,000 | $390,000 | 6.8% | 0.3% |
First Financial Bank | $365,000 | n/a | 0.3% | |
ACADEMY MORTGAGE CORPORATION | $355,000 | n/a | 0.3% | |
East Coast Capital Corp. | $355,000 | n/a | 0.3% | |
MCNB Bank and Trust Co. | $245,000 | $355,000 | 44.9% | 0.3% |
Princeton Mortgage Corporation | $335,000 | n/a | 0.3% | |
Nations Lending Corporation | $145,000 | $325,000 | 124.1% | 0.3% |
RELIANCE FIRST CAPITAL, LLC | $230,000 | $320,000 | 39.1% | 0.3% |
AMERICAN FINANCING CORPORATION | $315,000 | n/a | 0.3% | |
First Federal Savings and Loan Association of Lakewood | $325,000 | $315,000 | -3.1% | 0.3% |
Bank of America | $95,000 | $305,000 | 221.1% | 0.3% |
USAA Federal Savings Bank | $745,000 | $300,000 | -59.7% | 0.3% |
LIMA ONE CAPITAL, LLC | $220,000 | $290,000 | 31.8% | 0.2% |
AmRes Corporation | $280,000 | n/a | 0.2% | |
SIWELL, INC. | $275,000 | n/a | 0.2% | |
LIBERTY HOME MORTGAGE CORPORATION | $655,000 | $270,000 | -58.8% | 0.2% |
BETTER MORTGAGE CORPORATION | $635,000 | $235,000 | -63.0% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $485,000 | $235,000 | -51.5% | 0.2% |
1ST SIGNATURE LENDING, LLC | $85,000 | $225,000 | 164.7% | 0.2% |
NEWREZ LLC | $625,000 | $215,000 | -65.6% | 0.2% |
MID AMERICA MORTGAGE, INC. | $205,000 | n/a | 0.2% | |
NAVY FEDERAL CREDIT UNION | $810,000 | $205,000 | -74.7% | 0.2% |
MYCUMORTGAGE, LLC | $295,000 | $185,000 | -37.3% | 0.2% |
The Farmers & Merchants State Bank | $185,000 | n/a | 0.2% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $480,000 | $175,000 | -63.5% | 0.1% |
North American Savings Bank, F.S.B. | $175,000 | n/a | 0.1% | |
SOUTHPOINT FINANCIAL SERVICES, INC. | $165,000 | n/a | 0.1% | |
T2 FINANCIAL LLC | $330,000 | $165,000 | -50.0% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $95,000 | $160,000 | 68.4% | 0.1% |
Heartland Bank | $150,000 | n/a | 0.1% | |
TRIAD FINANCIAL SERVICES, INC. | $145,000 | n/a | 0.1% | |
GUILD MORTGAGE COMPANY | $135,000 | n/a | 0.1% | |
NFM, INC. | $135,000 | n/a | 0.1% | |
WEST PENN FINANCIAL SERVICE CENTER, INC. | $135,000 | n/a | 0.1% | |
CREDIT HUMAN FEDERAL CREDIT UNION | $55,000 | $125,000 | 127.3% | 0.1% |
UNITED HOME LOANS, INC. | $125,000 | n/a | 0.1% | |
VILLAGE CAPITAL MORTGAGE | $405,000 | $125,000 | -69.1% | 0.1% |
NETWORK CAPITAL FUNDING CORPORATION | $115,000 | n/a | 0.1% | |
KEMBA FINANCIAL | $55,000 | $100,000 | 81.8% | 0.1% |
Flagstar Bank, FSB | $560,000 | $95,000 | -83.0% | 0.1% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $405,000 | $85,000 | -79.0% | 0.1% |
Citizens Bank | $85,000 | n/a | 0.1% | |
PRIORITY MORTGAGE CORP. | $105,000 | $85,000 | -19.0% | 0.1% |
SUN WEST MORTGAGE COMPANY, INC. | $535,000 | $85,000 | -84.1% | 0.1% |
MICHIGAN MUTUAL, INC. | $75,000 | n/a | 0.1% | |
HONDA Federal Credit Union | $205,000 | $65,000 | -68.3% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $95,000 | $65,000 | -31.6% | 0.1% |
Pathways Financial Credit Union, Inc. | $310,000 | $65,000 | -79.0% | 0.1% |
Community Trust Bank, Inc. | $55,000 | n/a | 0.0% | |
The Grant County Bank | $75,000 | $55,000 | -26.7% | 0.0% |
TELHIO | $45,000 | n/a | 0.0% | |
Truist | $1,110,000 | $35,000 | -96.8% | 0.0% |
Deere Employees Credit Union | $15,000 | n/a | 0.0% |
Point Pleasant's top lender by overall market share is The Ohio Valley Bank Company, with 15.3% market share. In second place, with 8.5%, is The Farmers Bank & Savings Company, having originated $10,130,000 in loans. In third place, with 8.2%, is City National Bank of West Virginia, having originated $9,770,000 in loans. In fourth place, with 6.6%, is QUICKEN LOANS, LLC, having originated $7,915,000 in loans. In fifth place, with 5.3%, is Peoples Bank, having originated $6,310,000 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 | $125,889 (3.0%) | $182,582 (16.2%) | 0.00 | 184 |
2019-05-01 | $129,650 (5.9%) | $182,212 (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 (-5.5%) | $164,054 (-10.2%) | 0.00 | 147 |
2020-05-01 | $124,900 (-3.7%) | $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 |
2023-03-01 | $214,200 (42.9%) | $289,655 (-3.3%) | 0.00 | 65 |
2023-04-01 | $219,850 (20.8%) | $298,988 (-7.6%) | 0.00 | 51 |
2023-05-01 | $234,900 (9.3%) | $315,587 (-7.5%) | 0.00 | 54 |
2023-06-01 | $231,150 (17.3%) | $308,068 (-0.8%) | 0.00 | 60 |
2023-07-01 | $249,450 (31.4%) | $307,689 (4.5%) | 0.00 | 61 |
2023-08-01 | $229,283 (23.3%) | $283,654 (-0.2%) | 0.00 | 76 |
Point Pleasant's median listing price comes in at 0% of the national average.
Point Pleasant's average listing price for 2023-08-01 was $283,654, a difference of $-575 (-0.2%) versus the prior year and $-24,035 versus the prior month.
For the 2023-08-01 period, Point Pleasant had 76 MLS listings, a difference of 15 listings (25%) versus the prior month and -9 listings (-11%) 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 | 1,775 sqft |
2018-03-01 | 0 days | 1,714 sqft |
2018-04-01 | 0 days | 1,649 sqft |
2018-05-01 | 0 days | 1,630 sqft |
2018-06-01 | 0 days | 1,657 sqft |
2018-07-01 | 0 days | 1,680 sqft |
2018-08-01 | 0 days | 1,664 sqft |
2018-09-01 | 0 days | 1,623 sqft |
2018-10-01 | 0 days | 1,565 sqft |
2018-11-01 | 0 days | 1,573 sqft |
2018-12-01 | 0 days | 1,590 sqft |
2019-01-01 | 0 days | 1,626 sqft |
2019-02-01 | 0 days | 1,600 sqft |
2019-03-01 | 0 days | 1,584 sqft |
2019-04-01 | 0 days | 1,579 sqft |
2019-05-01 | 0 days | 1,583 sqft |
2019-06-01 | 0 days | 1,668 sqft |
2019-07-01 | 0 days | 1,680 sqft |
2019-08-01 | 0 days | 1,684 sqft |
2019-09-01 | 0 days | 1,682 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 | 1,594 sqft |
2020-02-01 | 0 days | 1,627 sqft |
2020-03-01 | 0 days | 1,550 sqft |
2020-04-01 | 0 days | 1,588 sqft |
2020-05-01 | 0 days | 1,636 sqft |
2020-06-01 | 0 days | 1,722 sqft |
2020-07-01 | 0 days | 1,677 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 | 1,544 sqft |
2021-02-01 | 0 days | 1,487 sqft |
2021-03-01 | 0 days | 1,480 sqft |
2021-04-01 | 0 days | 1,610 sqft |
2021-05-01 | 0 days | 1,648 sqft |
2021-06-01 | 0 days | 1,721 sqft |
2021-07-01 | 0 days | 1,705 sqft |
2021-08-01 | 0 days | 1,677 sqft |
2021-09-01 | 0 days | 1,743 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 | 1,857 sqft |
2022-09-01 | 0 days | 1,820 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 | 1,926 sqft |
2023-03-01 | 0 days | 1,821 sqft |
2023-04-01 | 0 days | 1,992 sqft |
2023-05-01 | 0 days | 1,976 sqft |
2023-06-01 | 0 days | 1,996 sqft |
2023-07-01 | 0 days | 2,011 sqft |
2023-08-01 | 0 days | 1,822 sqft |
Point Pleasant's median square footage for active listings during the 2023-08-01 period was 1,822 sqft. One year prior, the average listing was 1,857 sqft.
Point Pleasant, WV-OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 455 | $79,125,000 | $173,901 |
Refi | 157 | $21,625,000 | $137,739 |
Cash Out Refi | 105 | $12,245,000 | $116,619 |
Home Improvement | 52 | $3,010,000 | $57,885 |
Other | 37 | $3,345,000 | $90,405 |
Point Pleasant's most frequently cited loan purpose was Home Purchase, with 455 originations. The 2nd most popular reason was Refi, with 157 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 203 | $35,415,000 | $174,458 |
4-5% | 139 | $24,805,000 | $178,453 |
3-4% | 138 | $18,840,000 | $136,522 |
6-7% | 105 | $14,135,000 | $134,619 |
7-8% | 37 | $4,665,000 | $126,081 |
<2.5% | 30 | $2,940,000 | $98,000 |
2.5-3% | 29 | $3,565,000 | $122,931 |
Over 8% | 21 | $1,585,000 | $75,476 |
During 2022, Point Pleasant's most frequently originated rate bucket was 5-6%, with 203 originations.
Loan Sizing (Point Pleasant, WV-OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 339 | $20,975,000 | $61,873 |
$100k-200k | 315 | $44,825,000 | $142,302 |
$200k-400k | 124 | $32,230,000 | $259,919 |
$400k-600k | 18 | $8,200,000 | $455,556 |
$600k-1000k | 6 | $4,630,000 | $771,667 |
$Over $1MM | 4 | $8,490,000 | $2,122,500 |
Point Pleasant's loan sizing saw the bucket of loans from $100,000 or less with 339 originations, totaling $20,975,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 344 | $63,390,000 | $184,273 |
60-80% | 138 | $24,290,000 | $176,014 |
40-60% | 99 | $9,935,000 | $100,354 |
20-40% | 70 | $5,240,000 | $74,857 |
Under 20% | 41 | $1,195,000 | $29,146 |
Over 100% | 7 | $1,565,000 | $223,571 |
Point Pleasant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 344 originations, totaling $63,390,000 in origination value.