West Plains Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in West Plains averaged 7.21% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.99% and one month ago for the week of 2024-03-14, the average rate was 7.05%.

    West Plains's average rate one year ago was 6.68%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.5%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    West Plains 30 Year Fixed Rate 2024-04-18 7.21%
    West Plains 30 Year Fixed Rate Refi 2024-04-18 7.5%
    West Plains 15 Year Fixed Rate 2024-04-18 6.59%
    West Plains 15 Year Fixed Rate Refi 2024-04-18 6.59%
    West Plains 30 Year FHA 2024-04-18 6.96%
    West Plains 30 Year FHA Refi 2024-04-18 7.06%
    West Plains 30 Year USDA 2024-04-18 6.76%
    West Plains 30 Year USDA Refi 2024-04-18 6.86%
    West Plains 30 Year VA 2024-04-18 6.96%
    West Plains 30 Year VA Refi 2024-04-18 6.86%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    DAS Acquisition Company, LLC 27 6.88% $4,344
    Southern Bank 17 7.36% $1,551
    QUICKEN LOANS, LLC 13 7.04% $5,514
    PRIMELENDING, A PLAINSCAPITAL COMPANY 9 6.74% $4,421
    GUILD MORTGAGE COMPANY 3 7.33% $4,379
    UNITED WHOLESALE MORTGAGE, LLC 3 7.80% $2,647
    FLAT BRANCH MORTGAGE, INC. 3 7.12% $3,099
    U.S. Bank 3 7.12% $2,658
    GERSHMAN INVESTMENT CORP. 3 6.88% $3,559
    Arvest Bank 2 7.38% $4,075
    Flagstar Bank, FSB 2 7.63% $4,911
    Simmons Bank 2 6.56% $2,332
    FREEDOM MORTGAGE CORPORATION 1 6.38% $7,415
    GUARANTEED RATE, INC. 1 7.50% $5,180
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.63% $3,648
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.63% $18,686
    JPMorgan Chase Bank 1 6.88% $2,541
    MID AMERICA MORTGAGE, INC. 1 7.63% $7,502
    Mortgage Research Center, LLC 1 6.25% $4,804
    Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $7,395
    AMERISAVE MORTGAGE CORPORATION 1 5.75% $21,190
    NAVY FEDERAL CREDIT UNION 1 7.75% $4,994
    NEWREZ LLC 1 6.63% $2,428
    Oakstar Bank 1 7.25% $2,306
    PENNYMAC LOAN SERVICES, LLC 1 6.50% $5,156
    Plains Commerce Bank 1 6.88% $4,576
    Prosperity Home Mortgage, LLC 1 6.63% $2,638
    Regions Bank 1 6.63% $2,885
    Wells Fargo Bank 1 8.13% $4,096
    WEST COMMUNITY 1 6.75% $2,997
    ZILLOW HOME LOANS, LLC 1 8.13% $5,891
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.50% $6,382
    Ameris Bank 1 6.63% $2,325
    ARC HOME LLC 1 8.50% $8,359
    ASSEMBLIES OF GOD Credit Union 1 6.63% $2,325
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.75% $3,650
    BETTER MORTGAGE CORPORATION 1 5.00% $4,609
    BROKER SOLUTIONS, INC. 1 6.88% $6,123
    COMMUNITY MORTGAGE, LLC 1 5.63% $3,285
    Discover Bank 1 6.99% $0
    FAMILY FINANCE MORTGAGE, LLC 1 6.50% $6,155
    First National Bank of America 1 9.63% $6,470
    FirstTrust Home Loans, Inc. 1 6.88% $2,806

    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. Louis
    Date 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
    West Plains's median listing price for 2024-03-01 was $249,900, a difference of $-25,100 (-9.1%) versus the prior year and $0 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 2024-03-01 was $372,795, a difference of $-17,453 (-4.5%) versus the prior year and $-20,673 versus the prior month.

    For the 2024-03-01 period, West Plains had 160 MLS listings, a difference of 19 listings (13%) versus the prior month and 33 listings (26%) 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 2,000 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
    West Plains's median listing age (time on market) for 2024-03-01 was 0 days.

    West Plains's median square footage for active listings during the 2024-03-01 period was 1,972 sqft. One year prior, the average listing was 1,983 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.