Richmond - Berea Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Richmond - Berea averaged 6.26% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2024-12-05) was 6.45% and one month ago for the week of 2024-11-07, the average rate was 6.85%.

Richmond - Berea's average rate one year ago was 6.99%.

For refis of the same type during the week of 2024-12-12, the average rate was 6.6%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-12-12 6.6%
Richmond - Berea 30 Year Fixed Rate 2024-12-12 6.26%
Richmond - Berea 30 Year Fixed Rate Refi 2024-12-12 6.6%
Richmond - Berea 15 Year Fixed Rate 2024-12-12 5.74%
Richmond - Berea 15 Year Fixed Rate Refi 2024-12-12 6.34%
Richmond - Berea 30 Year FHA 2024-12-12 6.16%
Richmond - Berea 30 Year FHA Refi 2024-12-12 6.38%
Richmond - Berea 30 Year USDA 2024-12-12 6.4%
Richmond - Berea 30 Year USDA Refi 2024-12-12 6.1%
Richmond - Berea 30 Year VA 2024-12-12 5.98%
Richmond - Berea 30 Year VA Refi 2024-12-12 5.88%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Richmond-Berea, KY.

Richmond - Berea 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 Richmond-Berea, KY 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
GENEVA FINANCIAL, LLC 62 6.55% $4,974
ARK-LA-TEX FINANCIAL SERVICES, LLC. 53 7.13% $3,936
Whitaker Bank 43 5.86% $2,531
QUICKEN LOANS, LLC 41 6.68% $6,463
STOCKTON MORTGAGE CORPORATION 26 6.84% $5,325
U.S. Bank 25 6.86% $3,331
Guardian Savings Bank, A Federal Savings Bank 23 6.26% $1,381
UNITED WHOLESALE MORTGAGE, LLC 21 6.57% $7,005
JPMorgan Chase Bank 20 6.79% $4,115
Community Trust Bank, Inc. 19 6.25% $2,189
Stock Yards Bank & Trust Company 17 6.53% $3,175
Central Bank 14 6.64% $2,703
HOMESIDE FINANCIAL, LLC 12 6.88% $4,660
Republic Bank & Trust Company 11 6.48% $4,282
PARK COMMUNITY CREDIT UNION, INC. 11 6.08% $2,700
Traditional Bank, Inc. 10 6.44% $3,225
UNION HOME MORTGAGE CORP. 8 7.17% $4,465
Fifth Third Bank 8 6.59% $3,848
Northpointe Bank 8 6.92% $8,693
PNC Bank 8 6.77% $3,605
COMMONWEALTH 7 6.34% $2,708
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.83% $4,282
Truist 6 6.38% $5,482
RUOFF MORTGAGE COMPANY, INC. 6 6.75% $1,792
Bank of England 6 7.04% $4,685
Republic State Mortgage Co. 5 6.65% $6,038
PROVIDENT FUNDING ASSOCIATES, L.P. 5 6.40% $3,692
AMERISAVE MORTGAGE CORPORATION 4 6.50% $5,486
BROKER SOLUTIONS, INC. 4 8.12% $3,775
Wells Fargo Bank 3 6.67% $5,961
FirstBank 3 6.96% $5,626
First National Bank of America 3 9.67% $11,690
ZILLOW HOME LOANS, LLC 3 6.92% $3,926
COMPASS MORTGAGE, INC. 3 6.58% $3,971
City National Bank of West Virginia 3 6.07% $1,466
NAVY FEDERAL CREDIT UNION 3 6.17% $2,325
Old National Bank 3 6.29% $4,113
GoPrime Mortgage, Inc. 3 6.83% $5,101
GUARANTEED RATE, INC. 3 6.83% $4,397
L & N Federal Credit Union 3 6.58% $1,984
Renasant Bank 3 6.75% $3,505
GENERAL ELECTRIC CREDIT UNION 2 5.69% $3,526
Ally Bank 2 6.88% $4,111
AMERICAN INTERNET MORTGAGE, INC. 2 5.31% $10,659
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 7.63% $3,187
Century Mortgage Company DBA Century Lending Company 2 6.69% $6,674
Citizens Bank 2 6.44% $3,393
DAS Acquisition Company, LLC 2 6.81% $4,860
EMM LOANS LLC 2 7.00% $3,228
ENDEAVOR CAPITAL, LLC. 2 6.50% $3,937
EVANSVILLE TEACHERS 2 6.69% $3,477
Farm Credit Mid-America, ACA 2 6.75% $6,871
LOANDEPOT.COM, LLC 2 7.13% $5,837
MEMBERS HERITAGE Credit Union 2 6.50% $3,119
M&T Bank 2 6.75% $5,406
NBKC BANK 2 6.56% $5,247
PENNYMAC LOAN SERVICES, LLC 2 6.34% $5,183
Peoples Exchange Bank 2 6.19% $3,257
Prosperity Home Mortgage, LLC 2 6.75% $5,601
ROYAL UNITED MORTGAGE LLC 2 7.31% $6,604
The Huntington National Bank 2 6.10% $5,184
The Loan Store, Inc. 2 7.00% $3,589
THRIVE MORTGAGE, LLC 2 6.56% $4,870
USAA Federal Savings Bank 2 6.13% $4,475
MORTGAGE ACCESS CORP. 1 6.88% $4,220
BNC National Bank 1 6.13% $4,379
Leaders Credit Union 1 6.88% $3,470
INTERCOASTAL MORTGAGE COMPANY 1 6.62% $5,508
RBC Bank, (Georgia) 1 6.00% $2,213
Regions Bank 1 6.88% $5,971
Independence Bank of Kentucky 1 5.88% $2,036
GUARANTY HOME MORTGAGE CORPORATION 1 6.00% $3,925
AgFirst Farm Credit Bank 1 6.75% $3,233
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.50% $4,037
Forcht Bank 1 6.00% $3,231
SOUTH CENTRAL BANK, INC. 1 5.75% $5,498
Flagstar Bank, FSB 1 7.06% $3,893
FIRST STATE MORTGAGE SERVICES, LLC 1 6.63% $6,219
BAY EQUITY LLC 1 6.75% $2,615
WesBanco 1 6.75% $5,008
Bank of America 1 6.88% $2,453
THRIVENT Federal Credit Union 1 6.75% $4,601
EVERETT FINANCIAL, INC. 1 6.63% $6,428
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 7.49% $4,371
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $4,444
Central Kentucky Agricultural Credit Association 1 8.10% $3,646
NEWREZ LLC 1 6.50% $2,196
Mr. Cooper ( Nationstar Mortgage ) 1 7.13% $8,553
Mortgage Research Center, LLC 1 7.50% $4,386
MORTGAGE INVESTORS GROUP, INC. 1 6.75% $3,842
Centra Credit Union 1 7.13% $2,978
ALLIED MORTGAGE GROUP, INC. 1 7.63% $19,707
Plains Commerce Bank 1 7.75% $13,679

Richmond - Berea Average Closing Costs & Other Stats

Richmond-Berea, KY's 93 lenders originated 2,082 loans during 2023. The total origination value was $423,110,000, with an average loan value of $203,223.

Richmond - Berea's average closing costs are $4,376.

The top Richmond - Berea lender as defined by loan originations is GENEVA FINANCIAL, LLC, with 62 loans originated. Their average total fees are $4,974, which is $1,037 higher than the next largest lender, ARK-LA-TEX FINANCIAL SERVICES, LLC..

The lowest fee Richmond - Berea lenders (with over 10 loans originated) are Guardian Savings Bank, A Federal Savings Bank ($1,381), Community Trust Bank, Inc. ($2,189), Whitaker Bank ($2,531), PARK COMMUNITY CREDIT UNION, INC. ($2,700) and Central Bank ($2,703).

The lowest rate Richmond - Berea lenders (with over 10 loans originated) are Whitaker Bank (5.86%), PARK COMMUNITY CREDIT UNION, INC. (6.08%), Community Trust Bank, Inc. (6.25%), Guardian Savings Bank, A Federal Savings Bank (6.26%) and Traditional Bank, Inc. (6.44%).

Richmond-Berea, KY 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
Whitaker Bank $37,845,000 $40,080,000 5.9% 9.5%
GENEVA FINANCIAL, LLC $24,745,000 $34,670,000 40.1% 8.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $32,250,000 $20,065,000 -37.8% 4.7%
QUICKEN LOANS, LLC $26,675,000 $19,810,000 -25.7% 4.7%
Community Trust Bank, Inc. $24,445,000 $14,810,000 -39.4% 3.5%
Stock Yards Bank & Trust Company $22,775,000 $14,470,000 -36.5% 3.4%
Central Bank $23,250,000 $13,785,000 -40.7% 3.3%
UNITED WHOLESALE MORTGAGE, LLC $8,525,000 $13,310,000 56.1% 3.1%
STOCKTON MORTGAGE CORPORATION $19,215,000 $12,570,000 -34.6% 3.0%
U.S. Bank $19,135,000 $12,090,000 -36.8% 2.9%
UNIVERSITY OF KENTUCKY $13,710,000 $12,040,000 -12.2% 2.8%
Mortgage Research Center, LLC $15,905,000 $10,930,000 -31.3% 2.6%
Traditional Bank, Inc. $12,480,000 $9,585,000 -23.2% 2.3%
Guardian Savings Bank, A Federal Savings Bank $10,240,000 $9,050,000 -11.6% 2.1%
HOMESIDE FINANCIAL, LLC $5,630,000 $7,565,000 34.4% 1.8%
PARK COMMUNITY CREDIT UNION, INC. $11,165,000 $7,325,000 -34.4% 1.7%
Northpointe Bank $3,435,000 $5,825,000 69.6% 1.4%
COMMONWEALTH $3,395,000 $5,755,000 69.5% 1.4%
PNC Bank $7,640,000 $5,300,000 -30.6% 1.3%
Republic Bank & Trust Company $2,260,000 $5,240,000 131.9% 1.2%
Forcht Bank $15,770,000 $5,170,000 -67.2% 1.2%
Cumberland Valley National Bank & Trust Company $12,715,000 $5,135,000 -59.6% 1.2%
JPMorgan Chase Bank $9,340,000 $4,975,000 -46.7% 1.2%
First Southern National Bank $8,460,000 $4,895,000 -42.1% 1.2%
The Monticello Banking Company $19,095,000 $4,530,000 -76.3% 1.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $3,165,000 $4,075,000 28.8% 1.0%
RUOFF MORTGAGE COMPANY, INC. $400,000 $3,810,000 852.5% 0.9%
Bank of England $7,020,000 $3,720,000 -47.0% 0.9%
NAVY FEDERAL CREDIT UNION $4,435,000 $3,665,000 -17.4% 0.9%
Citizens Bank of Kentucky, Inc. $1,180,000 $3,310,000 180.5% 0.8%
DAS Acquisition Company, LLC $4,845,000 $3,245,000 -33.0% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,275,000 $3,210,000 -55.9% 0.8%
Truist $3,425,000 $3,200,000 -6.6% 0.8%
UNION HOME MORTGAGE CORP. $535,000 $2,905,000 443.0% 0.7%
Fifth Third Bank $18,170,000 $2,880,000 -84.1% 0.7%
Republic State Mortgage Co. $4,625,000 $2,880,000 -37.7% 0.7%
Peoples Exchange Bank $4,415,000 $2,720,000 -38.4% 0.6%
PENNYMAC LOAN SERVICES, LLC $2,100,000 $2,410,000 14.8% 0.6%
FREEDOM MORTGAGE CORPORATION $5,975,000 $2,010,000 -66.4% 0.5%
USAA Federal Savings Bank $3,160,000 $1,950,000 -38.3% 0.5%
AMERISAVE MORTGAGE CORPORATION $2,805,000 $1,925,000 -31.4% 0.5%
The Huntington National Bank $2,625,000 $1,815,000 -30.9% 0.4%
SOUTH CENTRAL BANK, INC. $785,000 $1,795,000 128.7% 0.4%
BROKER SOLUTIONS, INC. $2,925,000 $1,780,000 -39.1% 0.4%
NEW DAY FINANCIAL, LLC $1,725,000 $1,705,000 -1.2% 0.4%
GoPrime Mortgage, Inc. $3,375,000 $1,695,000 -49.8% 0.4%
Century Mortgage Company DBA Century Lending Company $2,990,000 $1,650,000 -44.8% 0.4%
PROVIDENT FUNDING ASSOCIATES, L.P. $1,775,000 $1,630,000 -8.2% 0.4%
The Farmers Bank $1,795,000 $1,535,000 -14.5% 0.4%
GUARANTEED RATE, INC. $4,055,000 $1,515,000 -62.6% 0.4%
NBKC BANK $550,000 $1,505,000 173.6% 0.4%
Citizens Bank $2,530,000 $1,445,000 -42.9% 0.3%
NEWREZ LLC $1,360,000 $1,445,000 6.3% 0.3%
THRIVE MORTGAGE, LLC $405,000 $1,400,000 245.7% 0.3%
German American Bank $11,255,000 $1,360,000 -87.9% 0.3%
Flagstar Bank, FSB $1,100,000 $1,300,000 18.2% 0.3%
Renasant Bank $3,200,000 $1,300,000 -59.4% 0.3%
Old National Bank $455,000 $1,200,000 163.7% 0.3%
EVANSVILLE TEACHERS $160,000 $1,180,000 637.5% 0.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $275,000 $1,110,000 303.6% 0.3%
City National Bank of West Virginia $945,000 $1,080,000 14.3% 0.3%
LOANDEPOT.COM, LLC $9,520,000 $1,060,000 -88.9% 0.3%
Magnolia Bank $335,000 $1,035,000 209.0% 0.2%
FirstBank $460,000 $1,025,000 122.8% 0.2%
Discover Bank $345,000 $970,000 181.2% 0.2%
21ST MORTGAGE CORPORATION $825,000 $950,000 15.2% 0.2%
ZILLOW HOME LOANS, LLC $840,000 $900,000 7.1% 0.2%
Prosperity Home Mortgage, LLC $4,010,000 $880,000 -78.1% 0.2%
Regions Bank $435,000 $865,000 98.9% 0.2%
First National Bank of America $835,000 n/a 0.2%
Wells Fargo Bank $2,765,000 $820,000 -70.3% 0.2%
MEMBERS HERITAGE Credit Union $885,000 $800,000 -9.6% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $275,000 $795,000 189.1% 0.2%
First Financial Bank $950,000 $775,000 -18.4% 0.2%
ALLIED MORTGAGE GROUP, INC. $760,000 n/a 0.2%
Farm Credit Mid-America, ACA $4,555,000 $750,000 -83.5% 0.2%
WesBanco $1,770,000 $750,000 -57.6% 0.2%
Plains Commerce Bank $355,000 $720,000 102.8% 0.2%
United Cumberland Bank $690,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $680,000 n/a 0.2%
GENERAL ELECTRIC CREDIT UNION $670,000 n/a 0.2%
The Federal Savings Bank $1,935,000 $650,000 -66.4% 0.2%
PENTAGON FEDERAL CREDIT UNION $350,000 $625,000 78.6% 0.1%
FBC MORTGAGE, LLC $2,575,000 $620,000 -75.9% 0.1%
POLARIS HOME FUNDING CORP. $75,000 $620,000 726.7% 0.1%
CARDINAL FINANCIAL $1,705,000 $610,000 -64.2% 0.1%
ROYAL UNITED MORTGAGE LLC $295,000 $600,000 103.4% 0.1%
Citizens Bank $2,530,000 $590,000 -76.7% 0.1%
Mr. Cooper ( Nationstar Mortgage ) $3,290,000 $590,000 -82.1% 0.1%
GSF Mortgage Corporation $285,000 $570,000 100.0% 0.1%
Western Ohio Mortgage Corporation $565,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $555,000 n/a 0.1%
Paramount Residential Mortgage Group, Inc. $535,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $530,000 n/a 0.1%
L & N Federal Credit Union $1,050,000 $530,000 -49.5% 0.1%
MID AMERICA MORTGAGE, INC. $1,510,000 $530,000 -64.9% 0.1%
AMERICAN INTERNET MORTGAGE, INC. $730,000 $520,000 -28.8% 0.1%
VILLAGE CAPITAL MORTGAGE $370,000 $520,000 40.5% 0.1%
MOVEMENT MORTGAGE, LLC $1,470,000 $510,000 -65.3% 0.1%
M&T Bank $395,000 $495,000 25.3% 0.1%
EMM LOANS LLC $490,000 n/a 0.1%
Bank of America $3,735,000 $475,000 -87.3% 0.1%
Bank of Lexington, Inc. $475,000 n/a 0.1%
COMPASS MORTGAGE, INC. $445,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $650,000 $425,000 -34.6% 0.1%
MORTGAGE INVESTORS GROUP, INC. $420,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $405,000 $415,000 2.5% 0.1%
Ally Bank $715,000 $410,000 -42.7% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,115,000 $400,000 -64.1% 0.1%
The Loan Store, Inc. $390,000 n/a 0.1%
FIRST STATE MORTGAGE SERVICES, LLC $375,000 n/a 0.1%
Central Kentucky Agricultural Credit Association $540,000 $365,000 -32.4% 0.1%
TOP FLITE FINANCIAL, INC. $245,000 $360,000 46.9% 0.1%
RBC Bank, (Georgia) $355,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $485,000 $350,000 -27.8% 0.1%
CHURCHILL MORTGAGE CORPORATION $2,665,000 $345,000 -87.1% 0.1%
First Federal Bank of the Midwest $340,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $205,000 $340,000 65.9% 0.1%
PREMIA MORTGAGE, LLC $335,000 n/a 0.1%
First State Bank of the Southeast, Inc. $1,845,000 $330,000 -82.1% 0.1%
LENDINGHOME FUNDING CORPORATION $330,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $500,000 $315,000 -37.0% 0.1%
Carrington Mortgage Services, LLC $1,660,000 $310,000 -81.3% 0.1%
The First National Bank of Granbury $295,000 n/a 0.1%
AgFirst Farm Credit Bank $195,000 $285,000 46.2% 0.1%
North American Savings Bank, F.S.B. $85,000 $285,000 235.3% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $275,000 n/a 0.1%
EVERETT FINANCIAL, INC. $2,515,000 $270,000 -89.3% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $1,850,000 $255,000 -86.2% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $315,000 $255,000 -19.0% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $1,605,000 $245,000 -84.7% 0.1%
INTERCOASTAL MORTGAGE COMPANY $245,000 n/a 0.1%
Abound Federal Credit Union $240,000 n/a 0.1%
BNC National Bank $235,000 n/a 0.1%
FIELD & MAIN BANK, INC. $235,000 n/a 0.1%
Heritage Bank, Inc. $235,000 n/a 0.1%
Leaders Credit Union $235,000 n/a 0.1%
PLANET HOME LENDING, LLC $230,000 n/a 0.1%
A&D Mortgage LLC $225,000 n/a 0.1%
Independence Bank of Kentucky $675,000 $225,000 -66.7% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $290,000 $215,000 -25.9% 0.1%
NFM, INC. $215,000 n/a 0.1%
First Western Federal Savings Bank $210,000 n/a 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $205,000 n/a 0.0%
INTERLINC MORTGAGE SERVICES, LLC $285,000 $205,000 -28.1% 0.0%
S1L, Inc. $205,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $245,000 $195,000 -20.4% 0.0%
Old Missouri Bank $195,000 n/a 0.0%
THRIVENT Federal Credit Union $195,000 n/a 0.0%
MORTGAGE ACCESS CORP. $380,000 $185,000 -51.3% 0.0%
Centra Credit Union $175,000 n/a 0.0%
Equity Prime Mortgage LLC $505,000 $175,000 -65.3% 0.0%
Nations Lending Corporation $520,000 $175,000 -66.3% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $170,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $2,355,000 $165,000 -93.0% 0.0%
USAlliance Federal Credit Union $165,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $155,000 n/a 0.0%
BAY EQUITY LLC $615,000 $115,000 -81.3% 0.0%
SPRING EQ, LLC $205,000 $100,000 -51.2% 0.0%
Park Lane Finance Solutions, LLC $115,000 $95,000 -17.4% 0.0%
Bank of the Bluegrass & Trust Co. $85,000 n/a 0.0%
Summit Community Bank, Inc. $1,055,000 $75,000 -92.9% 0.0%
Coastal Community Bank $70,000 n/a 0.0%
Peoples Bank $180,000 $65,000 -63.9% 0.0%
PHH Mortgage Corporation $125,000 $65,000 -48.0% 0.0%
UNIFY FINANCIAL Credit Union $845,000 $65,000 -92.3% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $55,000 n/a 0.0%
PUBLIX EMPLOYEES $55,000 n/a 0.0%
Baxter Credit Union $45,000 n/a 0.0%

Richmond - Berea's top lender by overall market share is Whitaker Bank, with 9.5% market share. In second place, with 8.2%, is GENEVA FINANCIAL, LLC, having originated $34,670,000 in loans. In third place, with 4.7%, is ARK-LA-TEX FINANCIAL SERVICES, LLC., having originated $20,065,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $19,810,000 in loans. In fifth place, with 3.5%, is Community Trust Bank, Inc., having originated $14,810,000 in loans.


Richmond - Berea Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Richmond - Berea (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 $188,450 (6.5%) $229,599 (9.1%) 0.00 323
2018-02-01 $189,000 (8.7%) $228,888 (9.4%) 0.00 306
2018-03-01 $194,900 (11.9%) $236,510 (11.0%) 0.00 279
2018-04-01 $204,450 (16.8%) $241,850 (11.1%) 0.00 264
2018-05-01 $208,000 (15.6%) $244,950 (9.1%) 0.00 285
2018-06-01 $195,000 (8.4%) $235,511 (3.6%) 0.00 322
2018-07-01 $198,500 (10.3%) $234,474 (4.5%) 0.00 334
2018-08-01 $199,900 (8.4%) $235,533 (3.1%) 0.00 362
2018-09-01 $217,900 (19.1%) $241,108 (5.0%) 0.00 366
2018-10-01 $219,700 (20.1%) $246,239 (9.7%) 0.00 376
2018-11-01 $210,975 (13.7%) $247,463 (9.6%) 0.00 366
2018-12-01 $209,950 (11.1%) $245,062 (7.4%) 0.00 347
2019-01-01 $208,950 (10.9%) $240,202 (4.6%) 0.00 316
2019-02-01 $199,200 (5.4%) $248,616 (8.6%) 0.00 321
2019-03-01 $203,400 (4.4%) $252,874 (6.9%) 0.00 319
2019-04-01 $210,500 (3.0%) $265,724 (9.9%) 0.00 308
2019-05-01 $219,900 (5.7%) $276,790 (13.0%) 0.00 291
2019-06-01 $226,000 (15.9%) $278,436 (18.2%) 0.00 302
2019-07-01 $226,450 (14.1%) $280,812 (19.8%) 0.00 316
2019-08-01 $217,818 (9.0%) $274,935 (16.7%) 0.00 342
2019-09-01 $214,545 (-1.5%) $267,368 (10.9%) 0.00 375
2019-10-01 $213,814 (-2.7%) $263,797 (7.1%) 0.00 397
2019-11-01 $219,900 (4.2%) $261,759 (5.8%) 0.00 383
2019-12-01 $215,000 (2.4%) $243,269 (-0.7%) 0.00 348
2020-01-01 $217,350 (4.0%) $246,776 (2.7%) 0.00 325
2020-02-01 $219,900 (10.4%) $245,233 (-1.4%) 0.00 303
2020-03-01 $219,900 (8.1%) $255,449 (1.0%) 0.00 295
2020-04-01 $219,950 (4.5%) $259,413 (-2.4%) 0.00 288
2020-05-01 $229,000 (4.1%) $265,851 (-4.0%) 0.00 229
2020-06-01 $238,913 (5.7%) $270,630 (-2.8%) 0.00 190
2020-07-01 $242,425 (7.1%) $289,336 (3.0%) 0.00 192
2020-08-01 $235,400 (8.1%) $325,428 (18.4%) 0.00 164
2020-09-01 $237,025 (10.5%) $376,082 (40.7%) 0.00 160
2020-10-01 $259,900 (21.6%) $333,962 (26.6%) 0.00 161
2020-11-01 $249,100 (13.3%) $330,895 (26.4%) 0.00 169
2020-12-01 $238,400 (10.9%) $322,673 (32.6%) 0.00 159
2021-01-01 $244,900 (12.7%) $335,672 (36.0%) 0.00 147
2021-02-01 $254,225 (15.6%) $341,920 (39.4%) 0.00 134
2021-03-01 $264,000 (20.1%) $361,134 (41.4%) 0.00 119
2021-04-01 $262,225 (19.2%) $366,294 (41.2%) 0.00 102
2021-05-01 $279,950 (22.3%) $386,920 (45.5%) 0.00 102
2021-06-01 $264,900 (10.9%) $339,619 (25.5%) 0.00 130
2021-07-01 $259,900 (7.2%) $338,744 (17.1%) 0.00 139
2021-08-01 $254,700 (8.2%) $287,361 (-11.7%) 0.00 198
2021-09-01 $249,900 (5.4%) $299,446 (-20.4%) 0.00 195
2021-10-01 $249,900 (-3.9%) $294,379 (-11.9%) 0.00 192
2021-11-01 $254,500 (2.2%) $293,964 (-11.2%) 0.00 182
2021-12-01 $255,450 (7.2%) $309,980 (-3.9%) 0.00 166
2022-01-01 $257,450 (5.1%) $317,532 (-5.4%) 0.00 134
2022-02-01 $268,450 (5.6%) $337,826 (-1.2%) 0.00 104
2022-03-01 $268,675 (1.8%) $345,398 (-4.4%) 0.00 100
2022-04-01 $284,900 (8.7%) $357,977 (-2.3%) 0.00 103
2022-05-01 $297,175 (6.2%) $353,181 (-8.7%) 0.00 138
2022-06-01 $292,400 (10.4%) $347,282 (2.3%) 0.00 185
2022-07-01 $285,000 (9.7%) $342,617 (1.1%) 0.00 201
2022-08-01 $291,975 (14.6%) $348,607 (21.3%) 0.00 214
2022-09-01 $299,975 (20.0%) $357,087 (19.3%) 0.00 236
2022-10-01 $299,950 (20.0%) $361,516 (22.8%) 0.00 262
2022-11-01 $299,575 (17.7%) $345,229 (17.4%) 0.00 276
2022-12-01 $298,900 (17.0%) $340,437 (9.8%) 0.00 263
2023-01-01 $289,900 (12.6%) $345,575 (8.8%) 0.00 248
2023-02-01 $308,625 (15.0%) $372,732 (10.3%) 0.00 217
2023-03-01 $324,475 (20.8%) $385,241 (11.5%) 0.00 202
2023-04-01 $312,900 (9.8%) $384,931 (7.5%) 0.00 165
2023-05-01 $316,900 (6.6%) $393,803 (11.5%) 0.00 158
2023-06-01 $319,900 (9.4%) $380,820 (9.7%) 0.00 171
2023-07-01 $324,232 (13.8%) $373,352 (9.0%) 0.00 182
2023-08-01 $324,616 (11.2%) $377,945 (8.4%) 0.00 185
2023-09-01 $315,900 (5.3%) $360,050 (0.8%) 0.00 199
2023-10-01 $313,450 (4.5%) $357,039 (-1.2%) 0.00 223
2023-11-01 $322,450 (7.6%) $370,234 (7.2%) 0.00 250
2023-12-01 $322,576 (7.9%) $365,498 (7.4%) 0.00 230
2024-01-01 $319,900 (10.4%) $369,274 (6.9%) 0.00 229
2024-02-01 $322,400 (4.5%) $368,875 (-1.0%) 0.00 232
2024-03-01 $323,950 (-0.2%) $375,325 (-2.6%) 0.00 202
2024-04-01 $319,725 (2.2%) $383,447 (-0.4%) 0.00 188
2024-05-01 $324,900 (2.5%) $383,742 (-2.6%) 0.00 194
2024-06-01 $315,000 (-1.5%) $366,790 (-3.7%) 0.00 212
2024-07-01 $309,950 (-4.4%) $357,045 (-4.4%) 0.00 258
2024-08-01 $303,210 (-6.6%) $361,276 (-4.4%) 0.00 310
2024-09-01 $303,210 (-4.0%) $364,275 (1.2%) 0.00 335
2024-10-01 $309,675 (-1.2%) $365,900 (2.5%) 0.00 324
2024-11-01 $309,700 (-4.0%) $365,802 (-1.2%) 0.00 342
Richmond - Berea's median listing price for 2024-11-01 was $309,700, a difference of $-12,750 (-4.0%) versus the prior year and $25 versus the prior month.

Richmond - Berea's median listing price comes in at 0% of the national average.

Richmond - Berea's average listing price for 2024-11-01 was $365,802, a difference of $-4,432 (-1.2%) versus the prior year and $-98 versus the prior month.

For the 2024-11-01 period, Richmond - Berea had 342 MLS listings, a difference of 18 listings (6%) versus the prior month and 92 listings (37%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Richmond - Berea (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,025 sqft
2018-02-01 0 days 2,000 sqft
2018-03-01 0 days 1,949 sqft
2018-04-01 0 days 1,996 sqft
2018-05-01 0 days 2,000 sqft
2018-06-01 0 days 2,000 sqft
2018-07-01 0 days 2,007 sqft
2018-08-01 0 days 2,000 sqft
2018-09-01 0 days 2,000 sqft
2018-10-01 0 days 2,000 sqft
2018-11-01 0 days 2,007 sqft
2018-12-01 0 days 1,963 sqft
2019-01-01 0 days 1,946 sqft
2019-02-01 0 days 1,869 sqft
2019-03-01 0 days 1,914 sqft
2019-04-01 0 days 1,969 sqft
2019-05-01 0 days 2,057 sqft
2019-06-01 0 days 2,063 sqft
2019-07-01 0 days 2,056 sqft
2019-08-01 0 days 2,032 sqft
2019-09-01 0 days 2,007 sqft
2019-10-01 0 days 1,991 sqft
2019-11-01 0 days 1,920 sqft
2019-12-01 0 days 1,869 sqft
2020-01-01 0 days 1,861 sqft
2020-02-01 0 days 1,893 sqft
2020-03-01 0 days 1,969 sqft
2020-04-01 0 days 2,010 sqft
2020-05-01 0 days 1,936 sqft
2020-06-01 0 days 1,925 sqft
2020-07-01 0 days 1,885 sqft
2020-08-01 0 days 2,010 sqft
2020-09-01 0 days 2,053 sqft
2020-10-01 0 days 2,114 sqft
2020-11-01 0 days 1,966 sqft
2020-12-01 0 days 1,865 sqft
2021-01-01 0 days 1,942 sqft
2021-02-01 0 days 1,976 sqft
2021-03-01 0 days 2,043 sqft
2021-04-01 0 days 2,027 sqft
2021-05-01 0 days 2,036 sqft
2021-06-01 0 days 1,969 sqft
2021-07-01 0 days 1,901 sqft
2021-08-01 0 days 1,850 sqft
2021-09-01 0 days 1,785 sqft
2021-10-01 0 days 1,795 sqft
2021-11-01 0 days 1,822 sqft
2021-12-01 0 days 1,817 sqft
2022-01-01 0 days 1,745 sqft
2022-02-01 0 days 1,739 sqft
2022-03-01 0 days 1,731 sqft
2022-04-01 0 days 1,815 sqft
2022-05-01 0 days 1,779 sqft
2022-06-01 0 days 1,797 sqft
2022-07-01 0 days 1,787 sqft
2022-08-01 0 days 1,800 sqft
2022-09-01 0 days 1,820 sqft
2022-10-01 0 days 1,824 sqft
2022-11-01 0 days 1,813 sqft
2022-12-01 0 days 1,756 sqft
2023-01-01 0 days 1,747 sqft
2023-02-01 0 days 1,822 sqft
2023-03-01 0 days 1,960 sqft
2023-04-01 0 days 1,903 sqft
2023-05-01 0 days 1,912 sqft
2023-06-01 0 days 1,896 sqft
2023-07-01 0 days 1,898 sqft
2023-08-01 0 days 1,870 sqft
2023-09-01 0 days 1,832 sqft
2023-10-01 0 days 1,825 sqft
2023-11-01 0 days 1,843 sqft
2023-12-01 0 days 1,820 sqft
2024-01-01 0 days 1,808 sqft
2024-02-01 0 days 1,802 sqft
2024-03-01 0 days 1,820 sqft
2024-04-01 0 days 1,790 sqft
2024-05-01 0 days 1,820 sqft
2024-06-01 0 days 1,795 sqft
2024-07-01 0 days 1,807 sqft
2024-08-01 0 days 1,832 sqft
2024-09-01 0 days 1,815 sqft
2024-10-01 0 days 1,785 sqft
2024-11-01 0 days 1,750 sqft
Richmond - Berea's median listing age (time on market) for 2024-11-01 was 0 days.

Richmond - Berea's median square footage for active listings during the 2024-11-01 period was 1,750 sqft. One year prior, the average listing was 1,843 sqft.

Richmond-Berea, KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,252 $318,180,000 $254,137
Refi 260 $45,160,000 $173,692
Home Improvement 203 $14,015,000 $69,039
Other 195 $14,785,000 $75,821
Cash Out Refi 172 $30,970,000 $180,058

Richmond - Berea's most frequently cited loan purpose was Home Purchase, with 1,252 originations. The 2nd most popular reason was Refi, with 260 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 800 $194,320,000 $242,900
7-8% 425 $84,505,000 $198,835
Over 8% 372 $35,650,000 $95,833
5-6% 302 $78,270,000 $259,172
3-4% 48 $740,000 $15,417
4-5% 20 $3,280,000 $164,000
<2.5% 4 $370,000 $92,500
2.5-3% 2 $280,000 $140,000

During 2023, Richmond - Berea's most frequently originated rate bucket was 6-7%, with 800 originations.

Loan Sizing (Richmond-Berea, KY MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 743 $198,355,000 $266,965
$100,000 or less 600 $30,680,000 $51,133
$100k-200k 594 $87,290,000 $146,953
$400k-600k 94 $44,480,000 $473,191
$600k-1000k 36 $26,180,000 $727,222
$Over $1MM 15 $36,125,000 $2,408,333

Richmond - Berea's loan sizing saw the bucket of loans from $200k-400k with 743 originations, totaling $198,355,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 819 $204,385,000 $249,554
60-80% 363 $106,825,000 $294,284
Under 20% 309 $13,055,000 $42,249
20-40% 249 $23,845,000 $95,763
40-60% 197 $40,865,000 $207,437
Over 100% 32 $7,460,000 $233,125

Richmond - Berea's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 819 originations, totaling $204,385,000 in origination value.