West Plains Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in West Plains averaged 7.06% 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 6.79% and one month ago for the week of 2023-02-09, the average rate was 6.18%.

    West Plains's average rate one year ago was 4.31%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.59%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    West Plains 30 Year Fixed Rate 2023-03-16 7.06%
    West Plains 30 Year Fixed Rate Refi 2023-03-16 6.59%
    West Plains 15 Year Fixed Rate 2023-03-16 6.25%
    West Plains 15 Year Fixed Rate Refi 2023-03-16 6.05%
    West Plains 30 Year FHA 2023-03-16 6.79%
    West Plains 30 Year FHA Refi 2023-03-16 6.13%
    West Plains 30 Year USDA 2023-03-16 6.79%
    West Plains 30 Year USDA Refi 2023-03-16 6.89%
    West Plains 30 Year VA 2023-03-16 6.54%
    West Plains 30 Year VA Refi 2023-03-16 6.05%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within West Plains, MO.

    West Plains 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 West Plains, MO 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Southern Bank 41 3.53% $1,660
    QUICKEN LOANS, LLC 40 3.24% $4,570
    Simmons Bank 35 3.08% $2,207
    Arvest Bank 24 3.27% $2,305
    PRIMELENDING, A PLAINSCAPITAL COMPANY 17 3.49% $2,688
    DAS Acquisition Company, LLC 15 3.39% $2,833
    Wood & Huston Bank 12 4.03% $1,734
    Plains Commerce Bank 11 3.25% $6,048
    UNION HOME MORTGAGE CORP. 9 3.43% $2,680
    GUILD MORTGAGE COMPANY 7 3.45% $2,782
    GERSHMAN INVESTMENT CORP. 7 3.27% $2,465
    FLAT BRANCH MORTGAGE, INC. 5 3.70% $3,111
    Great Southern Bank 5 2.99% $2,332
    Wells Fargo Bank 4 2.91% $3,065
    U.S. Bank 4 3.12% $1,965
    Flagstar Bank, FSB 4 3.08% $2,935
    FIRST INTEGRITY MORTGAGE SERVICES, INC. 3 3.33% $2,610
    CHURCHILL MORTGAGE CORPORATION 3 3.38% $2,618
    PLANET HOME LENDING, LLC 3 2.95% $3,774
    AMERISAVE MORTGAGE CORPORATION 3 2.91% $3,566
    JPMorgan Chase Bank 3 2.92% $5,431
    Springfield First Community Bank 2 3.13% $1,942
    The Central Trust Bank 2 3.37% $2,718
    Regions Bank 2 3.63% $1,292
    PENNYMAC LOAN SERVICES, LLC 2 3.06% $3,784
    BETTER MORTGAGE CORPORATION 2 2.88% $3,162
    NAVY FEDERAL CREDIT UNION 2 3.81% $5,742
    Mr. Cooper ( Nationstar Mortgage ) 2 3.19% $5,840
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.25% $3,094
    Mortgage Research Center, LLC 2 2.75% $3,933
    BROKER SOLUTIONS, INC. 2 3.13% $3,878
    ZILLOW HOME LOANS, LLC 1 3.13% $2,248
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.13% $3,247
    Bank of America 1 3.13% $2,883
    Bank of England 1 3.25% $4,176
    CALIBER HOME LOANS, INC. 1 2.50% $2,158
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.63% $1,905
    Citibank 1 2.88% $5,190
    CITIZENS EQUITY FIRST 1 2.88% $2,237
    Commerce Bank 1 2.88% $3,154
    Community National Bank & Trust 1 3.13% $1,929
    Gateway First Bank 1 3.13% $0
    GENEVA FINANCIAL, LLC 1 2.88% $3,786
    Hawthorn Bank 1 3.63% $2,222
    HOMESIDE FINANCIAL, LLC 1 4.13% $2,520
    InterContinental Capital Group, Inc 1 3.75% $1,804
    LAKEVIEW LOAN SERVICING, LLC 1 3.75% $863
    LOANDEPOT.COM, LLC 1 2.99% $2,335
    Magnolia Bank 1 3.25% $5,669
    MISSOURI Credit Union 1 3.13% $2,561
    MORTGAGE SOLUTIONS LLC 1 3.00% $2,805
    MUTUAL OF OMAHA MORTGAGE, INC. 1 2.88% $3,864
    NBKC BANK 1 3.25% $1,996
    NEWREZ LLC 1 3.63% $2,835
    PENTAGON FEDERAL CREDIT UNION 1 2.25% $4,833
    PNC Bank 1 3.50% $4,242
    ROYAL UNITED MORTGAGE LLC 1 3.38% $6,374
    RUOFF MORTGAGE COMPANY, INC. 1 2.75% $2,605
    ALLIANT CREDIT UNION 1 3.25% $3,621

    West Plains Average Closing Costs & Other Stats

    West Plains, MO's 59 lenders originated 874 loans during 2021. The total origination value was $133,880,000, with an average loan value of $153,181.

    West Plains's average closing costs are $3,337.

    The top West Plains lender as defined by loan originations is Southern Bank, with 41 loans originated. Their average total fees are $1,660, which is $2,910 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee West Plains lenders (with over 10 loans originated) are Southern Bank ($1,660), Wood & Huston Bank ($1,734), Simmons Bank ($2,207), Arvest Bank ($2,305) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($2,688).

    The lowest rate West Plains lenders (with over 10 loans originated) are Simmons Bank (3.08%), QUICKEN LOANS, LLC (3.24%), Plains Commerce Bank (3.25%), Arvest Bank (3.27%) and DAS Acquisition Company, LLC (3.39%).

    West Plains, MO 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
    QUICKEN LOANS, LLC $8,920,000 $14,870,000 66.7% 11.1%
    Southern Bank $17,465,000 $14,585,000 -16.5% 10.9%
    Simmons Bank $10,960,000 $11,290,000 3.0% 8.4%
    DAS Acquisition Company, LLC $1,470,000 $7,700,000 423.8% 5.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $3,475,000 $7,380,000 112.4% 5.5%
    FREEDOM MORTGAGE CORPORATION $7,620,000 $5,530,000 -27.4% 4.1%
    Arvest Bank $5,290,000 $5,250,000 -0.8% 3.9%
    Plains Commerce Bank $4,480,000 $5,110,000 14.1% 3.8%
    Mortgage Research Center, LLC $3,470,000 $3,570,000 2.9% 2.7%
    GERSHMAN INVESTMENT CORP. $2,940,000 $3,415,000 16.2% 2.6%
    U.S. Bank $3,295,000 $3,150,000 -4.4% 2.4%
    FLAT BRANCH MORTGAGE, INC. $1,075,000 $2,775,000 158.1% 2.1%
    GUILD MORTGAGE COMPANY $1,320,000 $2,665,000 101.9% 2.0%
    Wood & Huston Bank $2,675,000 $2,110,000 -21.1% 1.6%
    MID AMERICA MORTGAGE, INC. $2,100,000 n/a 1.6%
    FIRST INTEGRITY MORTGAGE SERVICES, INC. $145,000 $1,925,000 1,227.6% 1.4%
    Wells Fargo Bank $720,000 $1,885,000 161.8% 1.4%
    NAVY FEDERAL CREDIT UNION $575,000 $1,815,000 215.7% 1.4%
    UNION HOME MORTGAGE CORP. $655,000 $1,570,000 139.7% 1.2%
    Great Southern Bank $1,310,000 $1,560,000 19.1% 1.2%
    LOANDEPOT.COM, LLC $1,325,000 $1,525,000 15.1% 1.1%
    AMERISAVE MORTGAGE CORPORATION $735,000 $1,215,000 65.3% 0.9%
    Hawthorn Bank $205,000 $1,190,000 480.5% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $680,000 $1,170,000 72.1% 0.9%
    PENNYMAC LOAN SERVICES, LLC $365,000 $1,130,000 209.6% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,400,000 $945,000 -32.5% 0.7%
    PLANET HOME LENDING, LLC $920,000 n/a 0.7%
    Old Missouri Bank $905,000 n/a 0.7%
    Flagstar Bank, FSB $695,000 $900,000 29.5% 0.7%
    NEW DAY FINANCIAL, LLC $555,000 $860,000 55.0% 0.6%
    JPMorgan Chase Bank $160,000 $855,000 434.4% 0.6%
    NBKC BANK $235,000 $785,000 234.0% 0.6%
    CHURCHILL MORTGAGE CORPORATION $620,000 $760,000 22.6% 0.6%
    USAA Federal Savings Bank $1,890,000 $760,000 -59.8% 0.6%
    HOME POINT FINANCIAL CORPORATION $730,000 n/a 0.5%
    MISSOURI ELECTRIC COOPERATIVES EMPL $260,000 $705,000 171.2% 0.5%
    HOMESIDE FINANCIAL, LLC $700,000 n/a 0.5%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $500,000 $640,000 28.0% 0.5%
    AMERICAN FINANCING CORPORATION $350,000 $620,000 77.1% 0.5%
    BETTER MORTGAGE CORPORATION $595,000 n/a 0.4%
    GUARANTEED RATE, INC. $540,000 n/a 0.4%
    TJC Mortgage, Inc. $530,000 n/a 0.4%
    The Central Trust Bank $155,000 $515,000 232.3% 0.4%
    TCF National Bank $505,000 n/a 0.4%
    The Federal Savings Bank $500,000 n/a 0.4%
    PNC Bank $405,000 $485,000 19.8% 0.4%
    Bank of England $475,000 n/a 0.4%
    AMERICAN PACIFIC MORTGAGE CORPORATION $550,000 $450,000 -18.2% 0.3%
    Springfield First Community Bank $440,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $950,000 $425,000 -55.3% 0.3%
    Goldwater Bank, N.A. $410,000 n/a 0.3%
    VILLAGE CAPITAL & INVESTMENT LLC $400,000 n/a 0.3%
    21ST MORTGAGE CORPORATION $210,000 $380,000 81.0% 0.3%
    CALIBER HOME LOANS, INC. $365,000 $375,000 2.7% 0.3%
    Carrington Mortgage Services, LLC $160,000 $375,000 134.4% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $245,000 $365,000 49.0% 0.3%
    Regions Bank $220,000 $365,000 65.9% 0.3%
    Citibank $355,000 n/a 0.3%
    UNITED WHOLESALE MORTGAGE, LLC $330,000 n/a 0.2%
    LEADERONE FINANCIAL CORPORATION $195,000 $325,000 66.7% 0.2%
    BNC National Bank $245,000 $310,000 26.5% 0.2%
    Low VA Rates, LLC $260,000 $280,000 7.7% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $195,000 $280,000 43.6% 0.2%
    FCS Financial FLCA $255,000 n/a 0.2%
    NEWREZ LLC $220,000 $250,000 13.6% 0.2%
    Midwest Mortgage Associates Corporation $245,000 n/a 0.2%
    Magnolia Bank $295,000 $240,000 -18.6% 0.2%
    Barrington Bank & Trust Company, N.A. $35,000 $235,000 571.4% 0.2%
    Commerce Bank $235,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $235,000 n/a 0.2%
    TOP FLITE FINANCIAL, INC. $235,000 n/a 0.2%
    Bank of America $95,000 $230,000 142.1% 0.2%
    BOKF $700,000 $225,000 -67.9% 0.2%
    Gateway First Bank $255,000 $220,000 -13.7% 0.2%
    Colten Mortgage, LLC $215,000 n/a 0.2%
    BAYSHORE MORTGAGE FUNDING, LLC $195,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $195,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $155,000 $195,000 25.8% 0.1%
    Peoples Community Bank $600,000 $180,000 -70.0% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $350,000 $170,000 -51.4% 0.1%
    AMERICAN INTERNET MORTGAGE, INC. $155,000 n/a 0.1%
    MISSOURI Credit Union $145,000 n/a 0.1%
    Servion, Inc. $145,000 n/a 0.1%
    Anstaff Bank $140,000 n/a 0.1%
    ALLIANT CREDIT UNION $135,000 n/a 0.1%
    GSF Mortgage Corporation $130,000 n/a 0.1%
    Deere Employees Credit Union $125,000 n/a 0.1%
    First Guaranty Mortgage Corporation $125,000 $125,000 0.0% 0.1%
    MORTGAGE SOLUTIONS LLC $125,000 n/a 0.1%
    Peoples Bank $115,000 n/a 0.1%
    Ally Bank $105,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $370,000 $105,000 -71.6% 0.1%
    RUOFF MORTGAGE COMPANY, INC. $105,000 n/a 0.1%
    Victorian Finance, LLC $105,000 n/a 0.1%
    Community National Bank & Trust $95,000 n/a 0.1%
    Equity Prime Mortgage LLC $95,000 n/a 0.1%
    FINANCE OF AMERICA MORTGAGE LLC $225,000 $95,000 -57.8% 0.1%
    Baxter Credit Union $85,000 n/a 0.1%
    CITIZENS EQUITY FIRST $85,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $220,000 $80,000 -63.6% 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $65,000 n/a 0.0%
    InterContinental Capital Group, Inc $65,000 n/a 0.0%
    Mid-Missouri Bank $65,000 n/a 0.0%
    HNB National Bank $55,000 n/a 0.0%

    West Plains's top lender by overall market share is QUICKEN LOANS, LLC, with 11.1% market share. In second place, with 10.9%, is Southern Bank, having originated $14,585,000 in loans. In third place, with 8.4%, is Simmons Bank, having originated $11,290,000 in loans. In fourth place, with 5.8%, is DAS Acquisition Company, LLC, having originated $7,700,000 in loans. In fifth place, with 5.5%, is PRIMELENDING, A PLAINSCAPITAL COMPANY, having originated $7,380,000 in loans.

    West Plains Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - West Plains (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 $134,950 (5.8%) $206,951 (15.4%) 0.00 305
    2018-02-01 $139,900 (8.8%) $198,616 (8.8%) 0.00 304
    2018-03-01 $141,450 (8.9%) $201,947 (11.7%) 0.00 294
    2018-04-01 $146,225 (12.5%) $198,151 (5.2%) 0.00 293
    2018-05-01 $143,475 (3.2%) $195,302 (1.4%) 0.00 283
    2018-06-01 $139,900 (0.0%) $196,155 (1.8%) 0.00 282
    2018-07-01 $144,900 (4.2%) $201,991 (6.1%) 0.00 283
    2018-08-01 $139,974 (-0.7%) $194,040 (-0.2%) 0.00 283
    2018-09-01 $144,900 (3.6%) $195,188 (-2.5%) 0.00 292
    2018-10-01 $145,875 (7.0%) $196,388 (0.7%) 0.00 283
    2018-11-01 $140,725 (0.6%) $196,881 (-1.2%) 0.00 278
    2018-12-01 $139,900 (0.3%) $194,701 (-4.7%) 0.00 256
    2019-01-01 $141,475 (4.8%) $194,153 (-6.2%) 0.00 243
    2019-02-01 $142,250 (1.7%) $193,503 (-2.6%) 0.00 249
    2019-03-01 $149,850 (5.9%) $208,209 (3.1%) 0.00 244
    2019-04-01 $158,175 (8.2%) $223,264 (12.7%) 0.00 238
    2019-05-01 $159,687 (11.3%) $227,725 (16.6%) 0.00 248
    2019-06-01 $159,900 (14.3%) $228,664 (16.6%) 0.00 260
    2019-07-01 $158,950 (9.7%) $228,397 (13.1%) 0.00 262
    2019-08-01 $159,050 (13.6%) $227,386 (17.2%) 0.00 259
    2019-09-01 $159,275 (9.9%) $227,461 (16.5%) 0.00 261
    2019-10-01 $159,675 (9.5%) $229,057 (16.6%) 0.00 256
    2019-11-01 $159,900 (13.6%) $218,399 (10.9%) 0.00 249
    2019-12-01 $159,900 (14.3%) $218,680 (12.3%) 0.00 238
    2020-01-01 $159,900 (13.0%) $219,551 (13.1%) 0.00 231
    2020-02-01 $165,450 (16.3%) $223,492 (15.5%) 0.00 225
    2020-03-01 $169,900 (13.4%) $234,105 (12.4%) 0.00 232
    2020-04-01 $174,788 (10.5%) $232,856 (4.3%) 0.00 227
    2020-05-01 $175,450 (9.9%) $237,153 (4.1%) 0.00 217
    2020-06-01 $167,400 (4.7%) $235,177 (2.9%) 0.00 213
    2020-07-01 $175,000 (10.1%) $239,806 (5.0%) 0.00 194
    2020-08-01 $194,900 (22.5%) $247,938 (9.0%) 0.00 177
    2020-09-01 $199,900 (25.5%) $260,709 (14.6%) 0.00 144
    2020-10-01 $184,900 (15.8%) $258,539 (12.9%) 0.00 138
    2020-11-01 $166,950 (4.4%) $257,458 (17.9%) 0.00 146
    2020-12-01 $166,900 (4.4%) $285,921 (30.8%) 0.00 135
    2021-01-01 $169,200 (5.8%) $271,090 (23.5%) 0.00 120
    2021-02-01 $159,900 (-3.4%) $257,735 (15.3%) 0.00 101
    2021-03-01 $166,200 (-2.2%) $261,274 (11.6%) 0.00 95
    2021-04-01 $191,200 (9.4%) $319,913 (37.4%) 0.00 84
    2021-05-01 $198,500 (13.1%) $323,517 (36.4%) 0.00 93
    2021-06-01 $185,000 (10.5%) $374,920 (59.4%) 0.00 96
    2021-07-01 $243,700 (39.3%) $378,196 (57.7%) 0.00 109
    2021-08-01 $254,925 (30.8%) $388,508 (56.7%) 0.00 115
    2021-09-01 $211,975 (6.0%) $357,616 (37.2%) 0.00 137
    2021-10-01 $237,400 (28.4%) $390,030 (50.9%) 0.00 109
    2021-11-01 $242,400 (45.2%) $401,768 (56.1%) 0.00 110
    2021-12-01 $262,025 (57.0%) $427,312 (49.5%) 0.00 103
    2022-01-01 $207,450 (22.6%) $404,635 (49.3%) 0.00 92
    2022-02-01 $202,450 (26.6%) $405,115 (57.2%) 0.00 89
    2022-03-01 $199,900 (20.3%) $408,822 (56.5%) 0.00 85
    2022-04-01 $204,450 (6.9%) $405,771 (26.8%) 0.00 91
    2022-05-01 $264,625 (33.3%) $425,703 (31.6%) 0.00 95
    2022-06-01 $277,175 (49.8%) $380,071 (1.4%) 0.00 99
    2022-07-01 $317,050 (30.1%) $384,711 (1.7%) 0.00 121
    2022-08-01 $305,500 (19.8%) $377,013 (-3.0%) 0.00 136
    2022-09-01 $281,550 (32.8%) $381,885 (6.8%) 0.00 138
    2022-10-01 $275,000 (15.8%) $353,669 (-9.3%) 0.00 164
    2022-11-01 $261,175 (7.8%) $345,252 (-14.1%) 0.00 170
    2022-12-01 $249,900 (-4.6%) $338,352 (-20.8%) 0.00 166
    2023-01-01 $251,175 (21.1%) $353,719 (-12.6%) 0.00 150
    2023-02-01 $259,950 (28.4%) $369,756 (-8.7%) 0.00 138
    West Plains's median listing price for 2023-02-01 was $259,950, a difference of $57,500 (28.4%) versus the prior year and $8,775 versus the prior month.

    West Plains's median listing price comes in at 0% of the national average.

    West Plains's average listing price for 2023-02-01 was $369,756, a difference of $-35,359 (-8.7%) versus the prior year and $16,037 versus the prior month.

    For the 2023-02-01 period, West Plains had 138 MLS listings, a difference of -12 listings (-8%) versus the prior month and 49 listings (55%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - West Plains (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,014 sqft
    2018-02-01 0 days 2,022 sqft
    2018-03-01 0 days 2,111 sqft
    2018-04-01 0 days 2,123 sqft
    2018-05-01 0 days 2,125 sqft
    2018-06-01 0 days 2,200 sqft
    2018-07-01 0 days 2,192 sqft
    2018-08-01 0 days 2,022 sqft
    2018-09-01 0 days 1,988 sqft
    2018-10-01 0 days 1,967 sqft
    2018-11-01 0 days 1,854 sqft
    2018-12-01 0 days 1,776 sqft
    2019-01-01 0 days 1,782 sqft
    2019-02-01 0 days 1,793 sqft
    2019-03-01 0 days 1,809 sqft
    2019-04-01 0 days 1,829 sqft
    2019-05-01 0 days 1,986 sqft
    2019-06-01 0 days 1,980 sqft
    2019-07-01 0 days 1,889 sqft
    2019-08-01 0 days 1,907 sqft
    2019-09-01 0 days 1,959 sqft
    2019-10-01 0 days 2,040 sqft
    2019-11-01 0 days 2,039 sqft
    2019-12-01 0 days 2,008 sqft
    2020-01-01 0 days 1,988 sqft
    2020-02-01 0 days 2,000 sqft
    2020-03-01 0 days 2,043 sqft
    2020-04-01 0 days 2,034 sqft
    2020-05-01 0 days 2,000 sqft
    2020-06-01 0 days 1,984 sqft
    2020-07-01 0 days 1,983 sqft
    2020-08-01 0 days 2,084 sqft
    2020-09-01 0 days 2,116 sqft
    2020-10-01 0 days 2,025 sqft
    2020-11-01 0 days 1,878 sqft
    2020-12-01 0 days 1,900 sqft
    2021-01-01 0 days 1,909 sqft
    2021-02-01 0 days 1,876 sqft
    2021-03-01 0 days 1,725 sqft
    2021-04-01 0 days 1,880 sqft
    2021-05-01 0 days 2,000 sqft
    2021-06-01 0 days 1,993 sqft
    2021-07-01 0 days 2,000 sqft
    2021-08-01 0 days 2,173 sqft
    2021-09-01 0 days 1,917 sqft
    2021-10-01 0 days 2,000 sqft
    2021-11-01 0 days 2,000 sqft
    2021-12-01 0 days 1,800 sqft
    2022-01-01 0 days 1,670 sqft
    2022-02-01 0 days 1,800 sqft
    2022-03-01 0 days 1,823 sqft
    2022-04-01 0 days 1,900 sqft
    2022-05-01 0 days 2,144 sqft
    2022-06-01 0 days 1,997 sqft
    2022-07-01 0 days 2,049 sqft
    2022-08-01 0 days 1,983 sqft
    2022-09-01 0 days 2,012 sqft
    2022-10-01 0 days 2,016 sqft
    2022-11-01 0 days 1,986 sqft
    2022-12-01 0 days 1,902 sqft
    2023-01-01 0 days 1,896 sqft
    2023-02-01 0 days 1,900 sqft
    West Plains's median listing age (time on market) for 2023-02-01 was 0 days.

    West Plains's median square footage for active listings during the 2023-02-01 period was 1,900 sqft. One year prior, the average listing was 1,800 sqft.

    West Plains, MO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 465 $77,565,000 $166,806
    Refi 233 $31,885,000 $136,845
    Cash Out Refi 149 $22,495,000 $150,973
    Other 14 $1,100,000 $78,571
    Home Improvement 13 $835,000 $64,231

    West Plains's most frequently cited loan purpose was Home Purchase, with 465 originations. The 2nd most popular reason was Refi, with 233 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 370 $56,550,000 $152,838
    2.5-3% 292 $45,900,000 $157,192
    <2.5% 127 $22,205,000 $174,843
    4-5% 55 $6,565,000 $119,364
    5-6% 14 $830,000 $59,286
    6-7% 5 $335,000 $67,000
    Over 8% 3 $135,000 $45,000
    7-8% 1 $65,000 $65,000

    During 2021, West Plains's most frequently originated rate bucket was 3-4%, with 370 originations.

    Loan Sizing (West Plains, MO MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 441 $63,175,000 $143,254
    $100,000 or less 253 $17,585,000 $69,506
    $200k-400k 166 $45,180,000 $272,169
    $400k-600k 11 $5,175,000 $470,455
    $600k-1000k 2 $1,690,000 $845,000
    $Over $1MM 1 $1,075,000 $1,075,000

    West Plains's loan sizing saw the bucket of loans from $100k-200k with 441 originations, totaling $63,175,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 403 $65,435,000 $162,370
    60-80% 264 $42,980,000 $162,803
    40-60% 86 $11,250,000 $130,814
    20-40% 46 $2,980,000 $64,783
    Over 100% 17 $3,275,000 $192,647
    Under 20% 15 $375,000 $25,000

    West Plains's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 403 originations, totaling $65,435,000 in origination value.