West Plains Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in West Plains averaged
6.63%
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
6.23% and
one month ago for the week of 2024-09-05, the
average rate was 6.46%.
West Plains's average rate one year ago was 7.8%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.92%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
West Plains 30 Year Fixed Rate | 2024-10-10 | 6.63% |
West Plains 30 Year Fixed Rate Refi | 2024-10-10 | 6.92% |
West Plains 15 Year Fixed Rate | 2024-10-10 | 5.31% |
West Plains 15 Year Fixed Rate Refi | 2024-10-10 | 5.51% |
West Plains 30 Year FHA | 2024-10-10 | 6% |
West Plains 30 Year FHA Refi | 2024-10-10 | 6% |
West Plains 30 Year USDA | 2024-10-10 | 6.28% |
West Plains 30 Year USDA Refi | 2024-10-10 | 6.28% |
West Plains 30 Year VA | 2024-10-10 | 5.65% |
West Plains 30 Year VA Refi | 2024-10-10 | 5.85% |
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.).
West Plains Average Closing Costs & Other Stats
West Plains, MO's 43 lenders originated 458
loans during 2023. The total origination value was $74,150,000, with an average loan value of
$161,900.
West Plains's average closing costs are $3,791.
The top West Plains lender as defined by loan originations is DAS Acquisition Company, LLC, with
27 loans originated. Their average total fees are
$4,344, which is $2,793
higher than the next largest lender,
Southern Bank.
The lowest fee West Plains lenders (with over 10 loans originated) are
Southern Bank ($1,551), DAS Acquisition Company, LLC ($4,344), QUICKEN LOANS, LLC ($5,514), .
The lowest rate West Plains lenders (with over 10 loans originated) are
DAS Acquisition Company, LLC (6.88%), QUICKEN LOANS, LLC (7.04%), Southern Bank (7.36%), .
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
DAS Acquisition Company, LLC | $14,965,000 | $12,135,000 | -18.9% | 16.4% |
MID AMERICA MORTGAGE, INC. | $5,800,000 | $9,700,000 | 67.2% | 13.1% |
Southern Bank | $13,500,000 | $7,820,000 | -42.1% | 10.5% |
QUICKEN LOANS, LLC | $8,770,000 | $4,165,000 | -52.5% | 5.6% |
Mortgage Research Center, LLC | $4,385,000 | $3,570,000 | -18.6% | 4.8% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,070,000 | $2,585,000 | 24.9% | 3.5% |
Old Missouri Bank | $195,000 | $2,390,000 | 1,125.6% | 3.2% |
Simmons Bank | $3,575,000 | $1,985,000 | -44.5% | 2.7% |
GERSHMAN INVESTMENT CORP. | $1,955,000 | $1,560,000 | -20.2% | 2.1% |
GUILD MORTGAGE COMPANY | $805,000 | $1,450,000 | 80.1% | 2.0% |
NAVY FEDERAL CREDIT UNION | $805,000 | $1,345,000 | 67.1% | 1.8% |
Great Southern Bank | $1,465,000 | $1,275,000 | -13.0% | 1.7% |
AMERISAVE MORTGAGE CORPORATION | $1,130,000 | $1,240,000 | 9.7% | 1.7% |
FNBC Bank | $405,000 | $1,190,000 | 193.8% | 1.6% |
Arvest Bank | $1,630,000 | $1,120,000 | -31.3% | 1.5% |
UNITED WHOLESALE MORTGAGE, LLC | $370,000 | $880,000 | 137.8% | 1.2% |
FREEDOM MORTGAGE CORPORATION | $1,530,000 | $870,000 | -43.1% | 1.2% |
PENNYMAC LOAN SERVICES, LLC | $1,445,000 | $865,000 | -40.1% | 1.2% |
Flagstar Bank, FSB | $65,000 | $860,000 | 1,223.1% | 1.2% |
Wood & Huston Bank | $2,430,000 | $845,000 | -65.2% | 1.1% |
FLAT BRANCH MORTGAGE, INC. | $1,255,000 | $805,000 | -35.9% | 1.1% |
Plains Commerce Bank | $385,000 | $720,000 | 87.0% | 1.0% |
U.S. Bank | $1,615,000 | $645,000 | -60.1% | 0.9% |
NEW DAY FINANCIAL, LLC | $690,000 | $580,000 | -15.9% | 0.8% |
JPMorgan Chase Bank | $180,000 | $525,000 | 191.7% | 0.7% |
FIRST INTEGRITY MORTGAGE SERVICES, INC. | $525,000 | $495,000 | -5.7% | 0.7% |
PNC Bank | $340,000 | $465,000 | 36.8% | 0.6% |
River Region Credit Union | $465,000 | n/a | 0.6% | |
Servion, Inc. | $315,000 | $435,000 | 38.1% | 0.6% |
TJC Mortgage, Inc. | $2,275,000 | $380,000 | -83.3% | 0.5% |
Stockmens Bank | $105,000 | $355,000 | 238.1% | 0.5% |
Mid-Missouri Bank | $245,000 | $345,000 | 40.8% | 0.5% |
MOVEMENT MORTGAGE, LLC | $345,000 | n/a | 0.5% | |
BETTER MORTGAGE CORPORATION | $105,000 | $340,000 | 223.8% | 0.5% |
Bank of America | $800,000 | $335,000 | -58.1% | 0.5% |
ARC HOME LLC | $315,000 | n/a | 0.4% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $315,000 | n/a | 0.4% | |
AMERICAN FINANCING CORPORATION | $75,000 | $300,000 | 300.0% | 0.4% |
Ameris Bank | $590,000 | $285,000 | -51.7% | 0.4% |
ASSEMBLIES OF GOD Credit Union | $245,000 | $285,000 | 16.3% | 0.4% |
LOANDEPOT.COM, LLC | $1,400,000 | $280,000 | -80.0% | 0.4% |
BROKER SOLUTIONS, INC. | $605,000 | $275,000 | -54.5% | 0.4% |
VILLAGE CAPITAL MORTGAGE | $545,000 | $265,000 | -51.4% | 0.4% |
Peoples Bank | $255,000 | n/a | 0.3% | |
GUARANTEED RATE, INC. | $175,000 | $250,000 | 42.9% | 0.3% |
Discover Bank | $245,000 | n/a | 0.3% | |
Oakstar Bank | $55,000 | $235,000 | 327.3% | 0.3% |
BAYSHORE MORTGAGE FUNDING, LLC | $225,000 | $225,000 | 0.0% | 0.3% |
PENTAGON FEDERAL CREDIT UNION | $225,000 | n/a | 0.3% | |
ZILLOW HOME LOANS, LLC | $225,000 | n/a | 0.3% | |
LOANPAL, LLC | $355,000 | $205,000 | -42.3% | 0.3% |
21ST MORTGAGE CORPORATION | $360,000 | $195,000 | -45.8% | 0.3% |
Colonial Savings, F.A. | $195,000 | n/a | 0.3% | |
Wells Fargo Bank | $1,090,000 | $195,000 | -82.1% | 0.3% |
CARDINAL FINANCIAL | $310,000 | $185,000 | -40.3% | 0.2% |
FAMILY FINANCE MORTGAGE, LLC | $185,000 | n/a | 0.2% | |
Labette Bank | $185,000 | n/a | 0.2% | |
Regions Bank | $485,000 | $185,000 | -61.9% | 0.2% |
ENVOY MORTGAGE, LTD | $175,000 | n/a | 0.2% | |
First National Bank of America | $145,000 | $175,000 | 20.7% | 0.2% |
PACIFIC RESIDENTIAL MORTGAGE, LLC | $175,000 | n/a | 0.2% | |
NEWREZ LLC | $215,000 | $165,000 | -23.3% | 0.2% |
Peoples Community Bank | $165,000 | n/a | 0.2% | |
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $335,000 | $155,000 | -53.7% | 0.2% |
JLB CORPORATION | $155,000 | n/a | 0.2% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $155,000 | n/a | 0.2% | |
ROYAL UNITED MORTGAGE LLC | $150,000 | n/a | 0.2% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $145,000 | n/a | 0.2% | |
FirstTrust Home Loans, Inc. | $725,000 | $145,000 | -80.0% | 0.2% |
WEST COMMUNITY | $145,000 | n/a | 0.2% | |
Baxter Credit Union | $140,000 | n/a | 0.2% | |
HomePride Bank | $85,000 | $135,000 | 58.8% | 0.2% |
TRIAD FINANCIAL SERVICES, INC. | $115,000 | $135,000 | 17.4% | 0.2% |
Mr. Cooper ( Nationstar Mortgage ) | $1,025,000 | $125,000 | -87.8% | 0.2% |
M&T Bank | $505,000 | $125,000 | -75.2% | 0.2% |
COMMUNITY MORTGAGE, LLC | $95,000 | n/a | 0.1% | |
Connexus Credit Union | $85,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $195,000 | $75,000 | -61.5% | 0.1% |
USAA Federal Savings Bank | $75,000 | n/a | 0.1% | |
Deere Employees Credit Union | $65,000 | n/a | 0.1% | |
SPRING EQ, LLC | $65,000 | n/a | 0.1% | |
Figure Lending LLC | $55,000 | n/a | 0.1% | |
First National Bank | $45,000 | n/a | 0.1% | |
Prosperity Home Mortgage, LLC | $175,000 | $45,000 | -74.3% | 0.1% |
UMB Bank | $35,000 | n/a | 0.0% | |
BLUCURRENT | $25,000 | n/a | 0.0% | |
NASA Federal Credit Union | $135,000 | $15,000 | -88.9% | 0.0% |
West Plains's top lender by overall market share is DAS Acquisition Company, LLC, with 16.4% market share. In second place, with 13.1%, is MID AMERICA MORTGAGE, INC., having originated $9,700,000 in loans. In third place, with 10.5%, is Southern Bank, having originated $7,820,000 in loans. In fourth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $4,165,000 in loans. In fifth place, with 4.8%, is Mortgage Research Center, LLC, having originated $3,570,000 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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $132,900 (5.7%) | $205,692 (16.7%) | 0.00 | 298 |
2018-02-01 | $139,450 (9.2%) | $197,712 (10.2%) | 0.00 | 297 |
2018-03-01 | $141,450 (8.9%) | $201,936 (12.0%) | 0.00 | 287 |
2018-04-01 | $146,225 (12.6%) | $198,508 (5.8%) | 0.00 | 287 |
2018-05-01 | $144,475 (4.7%) | $195,592 (1.7%) | 0.00 | 278 |
2018-06-01 | $139,950 (0.0%) | $196,376 (2.2%) | 0.00 | 279 |
2018-07-01 | $145,000 (4.3%) | $202,700 (6.8%) | 0.00 | 279 |
2018-08-01 | $144,700 (3.4%) | $195,164 (0.9%) | 0.00 | 278 |
2018-09-01 | $145,000 (3.7%) | $196,519 (-1.1%) | 0.00 | 286 |
2018-10-01 | $146,875 (6.8%) | $197,698 (1.6%) | 0.00 | 277 |
2018-11-01 | $143,950 (2.1%) | $198,122 (-0.4%) | 0.00 | 273 |
2018-12-01 | $139,900 (0.3%) | $195,675 (-3.7%) | 0.00 | 252 |
2019-01-01 | $141,600 (6.6%) | $194,478 (-5.5%) | 0.00 | 239 |
2019-02-01 | $143,825 (3.1%) | $194,912 (-1.4%) | 0.00 | 243 |
2019-03-01 | $150,432 (6.4%) | $210,159 (4.1%) | 0.00 | 238 |
2019-04-01 | $158,788 (8.6%) | $225,352 (13.5%) | 0.00 | 232 |
2019-05-01 | $161,200 (11.6%) | $229,898 (17.5%) | 0.00 | 242 |
2019-06-01 | $159,900 (14.3%) | $230,844 (17.6%) | 0.00 | 255 |
2019-07-01 | $158,950 (9.6%) | $229,644 (13.3%) | 0.00 | 258 |
2019-08-01 | $159,050 (9.9%) | $228,726 (17.2%) | 0.00 | 255 |
2019-09-01 | $159,275 (9.8%) | $229,147 (16.6%) | 0.00 | 255 |
2019-10-01 | $159,675 (8.7%) | $231,106 (16.9%) | 0.00 | 250 |
2019-11-01 | $159,900 (11.1%) | $220,333 (11.2%) | 0.00 | 242 |
2019-12-01 | $159,900 (14.3%) | $220,751 (12.8%) | 0.00 | 230 |
2020-01-01 | $159,900 (12.9%) | $221,813 (14.1%) | 0.00 | 223 |
2020-02-01 | $164,900 (14.7%) | $225,210 (15.5%) | 0.00 | 217 |
2020-03-01 | $169,900 (12.9%) | $235,693 (12.2%) | 0.00 | 227 |
2020-04-01 | $174,900 (10.2%) | $234,467 (4.0%) | 0.00 | 223 |
2020-05-01 | $175,900 (9.1%) | $238,872 (3.9%) | 0.00 | 214 |
2020-06-01 | $168,650 (5.5%) | $236,161 (2.3%) | 0.00 | 209 |
2020-07-01 | $175,000 (10.1%) | $240,987 (4.9%) | 0.00 | 190 |
2020-08-01 | $194,900 (22.5%) | $248,812 (8.8%) | 0.00 | 173 |
2020-09-01 | $199,900 (25.5%) | $262,597 (14.6%) | 0.00 | 141 |
2020-10-01 | $184,900 (15.8%) | $254,990 (10.3%) | 0.00 | 136 |
2020-11-01 | $166,950 (4.4%) | $254,142 (15.3%) | 0.00 | 144 |
2020-12-01 | $168,900 (5.6%) | $283,789 (28.6%) | 0.00 | 132 |
2021-01-01 | $169,900 (6.3%) | $272,371 (22.8%) | 0.00 | 119 |
2021-02-01 | $159,900 (-3.0%) | $257,735 (14.4%) | 0.00 | 101 |
2021-03-01 | $165,950 (-2.3%) | $261,253 (10.8%) | 0.00 | 95 |
2021-04-01 | $187,475 (7.2%) | $320,633 (36.8%) | 0.00 | 83 |
2021-05-01 | $193,750 (10.2%) | $324,535 (35.9%) | 0.00 | 92 |
2021-06-01 | $184,750 (9.6%) | $375,674 (59.1%) | 0.00 | 96 |
2021-07-01 | $247,500 (41.4%) | $379,889 (57.6%) | 0.00 | 109 |
2021-08-01 | $259,900 (33.4%) | $390,021 (56.8%) | 0.00 | 114 |
2021-09-01 | $220,950 (10.5%) | $362,506 (38.1%) | 0.00 | 134 |
2021-10-01 | $244,900 (32.5%) | $392,355 (53.9%) | 0.00 | 105 |
2021-11-01 | $249,950 (49.7%) | $406,400 (59.9%) | 0.00 | 105 |
2021-12-01 | $279,900 (65.7%) | $439,180 (54.8%) | 0.00 | 96 |
2022-01-01 | $225,000 (32.4%) | $414,415 (52.2%) | 0.00 | 86 |
2022-02-01 | $208,675 (30.5%) | $411,738 (59.8%) | 0.00 | 85 |
2022-03-01 | $200,000 (20.5%) | $420,086 (60.8%) | 0.00 | 80 |
2022-04-01 | $225,000 (20.0%) | $414,750 (29.4%) | 0.00 | 87 |
2022-05-01 | $266,725 (37.7%) | $432,415 (33.2%) | 0.00 | 91 |
2022-06-01 | $274,763 (48.7%) | $384,942 (2.5%) | 0.00 | 93 |
2022-07-01 | $319,200 (29.0%) | $387,225 (1.9%) | 0.00 | 116 |
2022-08-01 | $308,200 (18.6%) | $379,271 (-2.8%) | 0.00 | 133 |
2022-09-01 | $286,225 (29.5%) | $384,757 (6.1%) | 0.00 | 135 |
2022-10-01 | $275,000 (12.3%) | $355,810 (-9.3%) | 0.00 | 160 |
2022-11-01 | $262,400 (5.0%) | $347,529 (-14.5%) | 0.00 | 167 |
2022-12-01 | $249,900 (-10.7%) | $339,978 (-22.6%) | 0.00 | 164 |
2023-01-01 | $251,175 (11.6%) | $355,710 (-14.2%) | 0.00 | 148 |
2023-02-01 | $259,950 (24.6%) | $372,130 (-9.6%) | 0.00 | 136 |
2023-03-01 | $275,000 (37.5%) | $390,248 (-7.1%) | 0.00 | 127 |
2023-04-01 | $279,900 (24.4%) | $417,988 (0.8%) | 0.00 | 123 |
2023-05-01 | $277,450 (4.0%) | $398,429 (-7.9%) | 0.00 | 125 |
2023-06-01 | $267,450 (-2.7%) | $374,488 (-2.7%) | 0.00 | 132 |
2023-07-01 | $269,900 (-15.4%) | $385,714 (-0.4%) | 0.00 | 124 |
2023-08-01 | $252,175 (-18.2%) | $380,083 (0.2%) | 0.00 | 130 |
2023-09-01 | $249,900 (-12.7%) | $355,060 (-7.7%) | 0.00 | 135 |
2023-10-01 | $246,725 (-10.3%) | $349,749 (-1.7%) | 0.00 | 143 |
2023-11-01 | $249,925 (-4.8%) | $362,677 (4.4%) | 0.00 | 143 |
2023-12-01 | $245,000 (-2.0%) | $355,220 (4.5%) | 0.00 | 148 |
2024-01-01 | $239,800 (-4.5%) | $363,894 (2.3%) | 0.00 | 134 |
2024-02-01 | $249,900 (-3.9%) | $393,468 (5.7%) | 0.00 | 141 |
2024-03-01 | $249,900 (-9.1%) | $372,795 (-4.5%) | 0.00 | 160 |
2024-04-01 | $257,500 (-8.0%) | $368,878 (-11.8%) | 0.00 | 172 |
2024-05-01 | $249,900 (-9.9%) | $375,030 (-5.9%) | 0.00 | 175 |
2024-06-01 | $249,900 (-6.6%) | $357,005 (-4.7%) | 0.00 | 179 |
2024-07-01 | $245,225 (-9.1%) | $344,948 (-10.6%) | 0.00 | 198 |
2024-08-01 | $249,900 (-0.9%) | $349,586 (-8.0%) | 0.00 | 211 |
2024-09-01 | $258,725 (3.5%) | $399,655 (12.6%) | 0.00 | 218 |
West Plains's median listing price comes in at 0% of the national average.
West Plains's average listing price for 2024-09-01 was $399,655, a difference of $44,595 (12.6%) versus the prior year and $50,069 versus the prior month.
For the 2024-09-01 period, West Plains had 218 MLS listings, a difference of 7 listings (3%) versus the prior month and 83 listings (61%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - West Plains (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 2,000 sqft |
2018-02-01 | 0 days | 2,009 sqft |
2018-03-01 | 0 days | 2,097 sqft |
2018-04-01 | 0 days | 2,109 sqft |
2018-05-01 | 0 days | 2,110 sqft |
2018-06-01 | 0 days | 2,192 sqft |
2018-07-01 | 0 days | 2,192 sqft |
2018-08-01 | 0 days | 2,029 sqft |
2018-09-01 | 0 days | 1,991 sqft |
2018-10-01 | 0 days | 1,978 sqft |
2018-11-01 | 0 days | 1,874 sqft |
2018-12-01 | 0 days | 1,779 sqft |
2019-01-01 | 0 days | 1,782 sqft |
2019-02-01 | 0 days | 1,791 sqft |
2019-03-01 | 0 days | 1,816 sqft |
2019-04-01 | 0 days | 1,848 sqft |
2019-05-01 | 0 days | 1,991 sqft |
2019-06-01 | 0 days | 1,989 sqft |
2019-07-01 | 0 days | 1,889 sqft |
2019-08-01 | 0 days | 1,914 sqft |
2019-09-01 | 0 days | 1,976 sqft |
2019-10-01 | 0 days | 2,058 sqft |
2019-11-01 | 0 days | 2,080 sqft |
2019-12-01 | 0 days | 2,024 sqft |
2020-01-01 | 0 days | 2,000 sqft |
2020-02-01 | 0 days | 2,000 sqft |
2020-03-01 | 0 days | 2,070 sqft |
2020-04-01 | 0 days | 2,042 sqft |
2020-05-01 | 0 days | 2,008 sqft |
2020-06-01 | 0 days | 1,992 sqft |
2020-07-01 | 0 days | 1,986 sqft |
2020-08-01 | 0 days | 2,084 sqft |
2020-09-01 | 0 days | 2,157 sqft |
2020-10-01 | 0 days | 2,025 sqft |
2020-11-01 | 0 days | 1,878 sqft |
2020-12-01 | 0 days | 1,905 sqft |
2021-01-01 | 0 days | 1,909 sqft |
2021-02-01 | 0 days | 1,876 sqft |
2021-03-01 | 0 days | 1,713 sqft |
2021-04-01 | 0 days | 1,873 sqft |
2021-05-01 | 0 days | 2,000 sqft |
2021-06-01 | 0 days | 1,993 sqft |
2021-07-01 | 0 days | 2,012 sqft |
2021-08-01 | 0 days | 2,218 sqft |
2021-09-01 | 0 days | 1,964 sqft |
2021-10-01 | 0 days | 2,000 sqft |
2021-11-01 | 0 days | 2,006 sqft |
2021-12-01 | 0 days | 1,800 sqft |
2022-01-01 | 0 days | 1,715 sqft |
2022-02-01 | 0 days | 1,843 sqft |
2022-03-01 | 0 days | 1,881 sqft |
2022-04-01 | 0 days | 1,932 sqft |
2022-05-01 | 0 days | 2,240 sqft |
2022-06-01 | 0 days | 1,987 sqft |
2022-07-01 | 0 days | 2,030 sqft |
2022-08-01 | 0 days | 1,983 sqft |
2022-09-01 | 0 days | 2,013 sqft |
2022-10-01 | 0 days | 2,016 sqft |
2022-11-01 | 0 days | 1,992 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 |
2023-03-01 | 0 days | 1,983 sqft |
2023-04-01 | 0 days | 2,068 sqft |
2023-05-01 | 0 days | 1,999 sqft |
2023-06-01 | 0 days | 1,945 sqft |
2023-07-01 | 0 days | 2,053 sqft |
2023-08-01 | 0 days | 2,046 sqft |
2023-09-01 | 0 days | 1,953 sqft |
2023-10-01 | 0 days | 1,904 sqft |
2023-11-01 | 0 days | 1,924 sqft |
2023-12-01 | 0 days | 1,895 sqft |
2024-01-01 | 0 days | 1,909 sqft |
2024-02-01 | 0 days | 1,940 sqft |
2024-03-01 | 0 days | 1,972 sqft |
2024-04-01 | 0 days | 1,869 sqft |
2024-05-01 | 0 days | 1,828 sqft |
2024-06-01 | 0 days | 1,800 sqft |
2024-07-01 | 0 days | 1,713 sqft |
2024-08-01 | 0 days | 1,687 sqft |
2024-09-01 | 0 days | 1,763 sqft |
West Plains's median square footage for active listings during the 2024-09-01 period was 1,763 sqft. One year prior, the average listing was 1,953 sqft.
West Plains, MO Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 302 | $56,610,000 | $187,450 |
Cash Out Refi | 51 | $8,745,000 | $171,471 |
Refi | 44 | $4,670,000 | $106,136 |
Home Improvement | 40 | $2,330,000 | $58,250 |
Other | 21 | $1,795,000 | $85,476 |
West Plains's most frequently cited loan purpose was Home Purchase, with 302 originations. The 2nd most popular reason was Cash Out Refi, with 51 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 166 | $28,980,000 | $174,578 |
7-8% | 123 | $21,635,000 | $175,894 |
Over 8% | 75 | $6,215,000 | $82,867 |
5-6% | 54 | $9,980,000 | $184,815 |
4-5% | 4 | $700,000 | $175,000 |
During 2023, West Plains's most frequently originated rate bucket was 6-7%, with 166 originations.
Loan Sizing (West Plains, MO MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 182 | $26,940,000 | $148,022 |
$100,000 or less | 147 | $8,785,000 | $59,762 |
$200k-400k | 110 | $28,310,000 | $257,364 |
$400k-600k | 16 | $7,460,000 | $466,250 |
$600k-1000k | 2 | $1,300,000 | $650,000 |
$Over $1MM | 1 | $1,355,000 | $1,355,000 |
West Plains's loan sizing saw the bucket of loans from $100k-200k with 182 originations, totaling $26,940,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 205 | $39,255,000 | $191,488 |
60-80% | 82 | $14,980,000 | $182,683 |
40-60% | 47 | $6,745,000 | $143,511 |
20-40% | 44 | $2,960,000 | $67,273 |
Under 20% | 33 | $1,225,000 | $37,121 |
Over 100% | 9 | $2,065,000 | $229,444 |
West Plains's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 205 originations, totaling $39,255,000 in origination value.