West Plains Mortgage Rates & Closing Costs

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.