Wilmington Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Wilmington averaged
6.38%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6.3% and
one month ago for the week of 2023-04-20, the
average rate was 6.5%.
Wilmington's average rate one year ago was 5.16%.
For refis of the same type during the week of 2023-05-25, the average rate
was 7.07%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
Wilmington 30 Year Fixed Rate | 2023-05-25 | 6.38% |
Wilmington 30 Year Fixed Rate Refi | 2023-05-25 | 7.07% |
Wilmington 15 Year Fixed Rate | 2023-05-25 | 5.77% |
Wilmington 15 Year Fixed Rate Refi | 2023-05-25 | 6.17% |
Wilmington 30 Year FHA | 2023-05-25 | 6.55% |
Wilmington 30 Year FHA Refi | 2023-05-25 | 6.41% |
Wilmington 30 Year USDA | 2023-05-25 | 6.63% |
Wilmington 30 Year USDA Refi | 2023-05-25 | 6.83% |
Wilmington 30 Year VA | 2023-05-25 | 6.61% |
Wilmington 30 Year VA Refi | 2023-05-25 | 6.21% |
Wilmington 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 Wilmington, OH 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.).
Wilmington Average Closing Costs & Other Stats
Wilmington, OH's 86 lenders originated 1,096
loans during 2022. The total origination value was $181,010,000, with an average loan value of
$165,155.
Wilmington's average closing costs are $4,460.
The top Wilmington lender as defined by loan originations is LOANDEPOT.COM, LLC, with
38 loans originated. Their average total fees are
$4,147, which is $1,262
higher than the next largest lender,
WRIGHT-PATT CREDIT UNION, INC..
The lowest fee Wilmington lenders (with over 10 loans originated) are
Union Savings Bank ($1,308), The Merchants National Bank ($2,320), Peoples Bank ($2,487), 1st National Bank ($2,537) and WRIGHT-PATT CREDIT UNION, INC. ($2,885).
The lowest rate Wilmington lenders (with over 10 loans originated) are
Union Savings Bank (4.18%), Fifth Third Bank (4.82%), WRIGHT-PATT CREDIT UNION, INC. (4.95%), The Huntington National Bank (5.01%) and 1st National Bank (5.08%).
Wilmington, OH 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
LOANDEPOT.COM, LLC | $26,985,000 | $17,185,000 | -36.3% | 9.5% |
WRIGHT-PATT CREDIT UNION, INC. | $21,040,000 | $15,265,000 | -27.4% | 8.4% |
Fifth Third Bank | $16,555,000 | $10,900,000 | -34.2% | 6.0% |
The Merchants National Bank | $13,125,000 | $8,700,000 | -33.7% | 4.8% |
QUICKEN LOANS, LLC | $16,390,000 | $6,885,000 | -58.0% | 3.8% |
Union Savings Bank | $8,945,000 | $6,830,000 | -23.6% | 3.8% |
CALIBER HOME LOANS, INC. | $4,955,000 | $6,820,000 | 37.6% | 3.8% |
Peoples Bank | $5,680,000 | $6,515,000 | 14.7% | 3.6% |
Mortgage Research Center, LLC | $4,640,000 | $4,855,000 | 4.6% | 2.7% |
1st National Bank | $10,815,000 | $3,895,000 | -64.0% | 2.2% |
The Huntington National Bank | $4,470,000 | $3,840,000 | -14.1% | 2.1% |
CROSSCOUNTRY MORTGAGE, LLC | $1,135,000 | $3,675,000 | 223.8% | 2.0% |
UNITED WHOLESALE MORTGAGE, LLC | $3,295,000 | $3,630,000 | 10.2% | 2.0% |
First Commonwealth Bank | $3,380,000 | $2,765,000 | -18.2% | 1.5% |
PNC Bank | $2,050,000 | $2,690,000 | 31.2% | 1.5% |
DAS Acquisition Company, LLC | $3,540,000 | $2,625,000 | -25.8% | 1.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,980,000 | $2,595,000 | -12.9% | 1.4% |
First State Bank | $2,950,000 | $2,515,000 | -14.7% | 1.4% |
Southern Hills Community Bank | $1,830,000 | $2,225,000 | 21.6% | 1.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,155,000 | $2,190,000 | 1.6% | 1.2% |
UNION HOME MORTGAGE CORP. | $3,935,000 | $2,135,000 | -45.7% | 1.2% |
U.S. Bank | $2,700,000 | $2,045,000 | -24.3% | 1.1% |
EQUITY RESOURCES, INC. | $3,670,000 | $1,920,000 | -47.7% | 1.1% |
RUOFF MORTGAGE COMPANY, INC. | $2,475,000 | $1,795,000 | -27.5% | 1.0% |
JPMorgan Chase Bank | $1,825,000 | $1,700,000 | -6.8% | 0.9% |
Paramount Residential Mortgage Group, Inc. | $125,000 | $1,685,000 | 1,248.0% | 0.9% |
GUILD MORTGAGE COMPANY | $105,000 | $1,635,000 | 1,457.1% | 0.9% |
First Financial Bank | $2,450,000 | $1,630,000 | -33.5% | 0.9% |
GUARANTEED RATE AFFINITY, LLC | $1,630,000 | n/a | 0.9% | |
Third Federal Savings and Loan Association of Cleveland | $1,600,000 | n/a | 0.9% | |
RAPID MORTGAGE COMPANY | $1,045,000 | $1,530,000 | 46.4% | 0.8% |
GUARANTEED RATE, INC. | $1,085,000 | $1,480,000 | 36.4% | 0.8% |
POLARIS HOME FUNDING CORP. | $580,000 | $1,315,000 | 126.7% | 0.7% |
Gateway First Bank | $1,455,000 | $1,255,000 | -13.7% | 0.7% |
GENERAL ELECTRIC CREDIT UNION | $405,000 | $1,240,000 | 206.2% | 0.7% |
Farm Credit Mid-America, ACA | $1,635,000 | $1,150,000 | -29.7% | 0.6% |
Carrington Mortgage Services, LLC | $1,950,000 | $1,120,000 | -42.6% | 0.6% |
The Old Fort Banking Company | $1,410,000 | $1,110,000 | -21.3% | 0.6% |
VAN DYK MORTGAGE CORPORATION | $770,000 | $1,025,000 | 33.1% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $2,695,000 | $1,000,000 | -62.9% | 0.6% |
NATIONS RELIABLE LENDING, LLC | $660,000 | $985,000 | 49.2% | 0.5% |
WesBanco Bank, Inc. | $195,000 | $985,000 | 405.1% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $7,005,000 | $920,000 | -86.9% | 0.5% |
Dollar Bank, Federal Savings Bank | $890,000 | n/a | 0.5% | |
AMERICAN MORTGAGE SERVICE COMPANY | $995,000 | $730,000 | -26.6% | 0.4% |
NAVY FEDERAL CREDIT UNION | $470,000 | $725,000 | 54.3% | 0.4% |
AMERIFIRST FINANCIAL CORPORATION | $445,000 | $695,000 | 56.2% | 0.4% |
First National Bank of Pennsylvania | $695,000 | n/a | 0.4% | |
LAKEVIEW LOAN SERVICING, LLC | $880,000 | $690,000 | -21.6% | 0.4% |
PENNYMAC LOAN SERVICES, LLC | $2,485,000 | $685,000 | -72.4% | 0.4% |
Wells Fargo Bank | $2,955,000 | $685,000 | -76.8% | 0.4% |
NBKC BANK | $675,000 | n/a | 0.4% | |
NFM, INC. | $360,000 | $655,000 | 81.9% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $1,590,000 | $635,000 | -60.1% | 0.4% |
LCNB National Bank | $3,210,000 | $635,000 | -80.2% | 0.4% |
BAYSHORE MORTGAGE FUNDING, LLC | $860,000 | $630,000 | -26.7% | 0.3% |
Guardian Savings Bank, A Federal Savings Bank | $1,945,000 | $630,000 | -67.6% | 0.3% |
The Park National Bank | $840,000 | $625,000 | -25.6% | 0.3% |
Citizens Bank | $1,395,000 | $585,000 | -58.1% | 0.3% |
FCN Bank | $585,000 | n/a | 0.3% | |
CHURCHILL MORTGAGE CORPORATION | $970,000 | $580,000 | -40.2% | 0.3% |
THRIVE MORTGAGE, LLC | $520,000 | $565,000 | 8.7% | 0.3% |
T2 FINANCIAL LLC | $855,000 | $560,000 | -34.5% | 0.3% |
HOMESIDE FINANCIAL, LLC | $735,000 | $545,000 | -25.9% | 0.3% |
MID AMERICA MORTGAGE, INC. | $445,000 | $545,000 | 22.5% | 0.3% |
Equity Prime Mortgage LLC | $445,000 | $535,000 | 20.2% | 0.3% |
Mercantile Bank of Michigan | $535,000 | n/a | 0.3% | |
USAA Federal Savings Bank | $475,000 | $530,000 | 11.6% | 0.3% |
NEW DAY FINANCIAL, LLC | $720,000 | $510,000 | -29.2% | 0.3% |
UNITED MORTGAGE CORP. | $200,000 | $510,000 | 155.0% | 0.3% |
Sharefax Credit Union | $220,000 | $495,000 | 125.0% | 0.3% |
The Farmers State Bank | $205,000 | $495,000 | 141.5% | 0.3% |
Bank of America | $490,000 | n/a | 0.3% | |
VILLAGE CAPITAL MORTGAGE | $935,000 | $465,000 | -50.3% | 0.3% |
GUARANTY HOME MORTGAGE CORPORATION | $390,000 | $460,000 | 17.9% | 0.3% |
BROKER SOLUTIONS, INC. | $625,000 | $370,000 | -40.8% | 0.2% |
Flagstar Bank, FSB | $155,000 | $365,000 | 135.5% | 0.2% |
SUCCESS MORTGAGE PARTNERS, INC. | $365,000 | n/a | 0.2% | |
RELIANCE FIRST CAPITAL, LLC | $630,000 | $360,000 | -42.9% | 0.2% |
Cincinnati Federal | $500,000 | $350,000 | -30.0% | 0.2% |
OPTION FINANCIAL, LLC | $220,000 | $350,000 | 59.1% | 0.2% |
STOCKTON MORTGAGE CORPORATION | $620,000 | $350,000 | -43.5% | 0.2% |
ENVOY MORTGAGE, LTD | $325,000 | n/a | 0.2% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $255,000 | $320,000 | 25.5% | 0.2% |
KEMBA FINANCIAL | $320,000 | n/a | 0.2% | |
NEWREZ LLC | $1,515,000 | $315,000 | -79.2% | 0.2% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $320,000 | $310,000 | -3.1% | 0.2% |
MOVEMENT MORTGAGE, LLC | $1,130,000 | $305,000 | -73.0% | 0.2% |
EVERETT FINANCIAL, INC. | $295,000 | n/a | 0.2% | |
Evolve Bank & Trust | $295,000 | n/a | 0.2% | |
ARC HOME LLC | $135,000 | $275,000 | 103.7% | 0.2% |
The State Bank and Trust Company | $265,000 | n/a | 0.1% | |
PHH Mortgage Corporation | $360,000 | $260,000 | -27.8% | 0.1% |
SIBCY CLINE MORTGAGE SERVICES, INC. | $1,010,000 | $255,000 | -74.8% | 0.1% |
US MORTGAGE CORPORATION | $245,000 | n/a | 0.1% | |
AMERICAN FINANCING CORPORATION | $580,000 | $240,000 | -58.6% | 0.1% |
LIBERTY HOME MORTGAGE CORPORATION | $410,000 | $235,000 | -42.7% | 0.1% |
Low VA Rates, LLC | $235,000 | n/a | 0.1% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $285,000 | $225,000 | -21.1% | 0.1% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $225,000 | n/a | 0.1% | |
Nations Lending Corporation | $290,000 | $225,000 | -22.4% | 0.1% |
HOME POINT FINANCIAL CORPORATION | $1,050,000 | $215,000 | -79.5% | 0.1% |
Superior Credit Union, Inc. | $335,000 | $210,000 | -37.3% | 0.1% |
BETTER MORTGAGE CORPORATION | $675,000 | $205,000 | -69.6% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $195,000 | n/a | 0.1% | |
EMERY FEDERAL CREDIT UNION | $260,000 | $195,000 | -25.0% | 0.1% |
Hometown Equity Mortgage, LLC | $195,000 | n/a | 0.1% | |
MORIA DEVELOPMENT, INC. | $195,000 | n/a | 0.1% | |
AMERICAN FINANCIAL RESOURCES, INC. | $250,000 | $185,000 | -26.0% | 0.1% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $185,000 | n/a | 0.1% | |
VICTORY MORTGAGE, L.L.C. | $185,000 | n/a | 0.1% | |
EMM LOANS LLC | $175,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $440,000 | $175,000 | -60.2% | 0.1% |
NATIONWIDE MORTGAGE BANKERS, INC. | $165,000 | n/a | 0.1% | |
PURDUE FEDERAL CREDIT UNION | $165,000 | n/a | 0.1% | |
RiverHills Bank | $310,000 | $165,000 | -46.8% | 0.1% |
JLB CORPORATION | $155,000 | n/a | 0.1% | |
The North Side Bank & Trust Company | $125,000 | n/a | 0.1% | |
FIRST COMMUNITY MORTGAGE, INC. | $115,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $495,000 | $115,000 | -76.8% | 0.1% |
TRIAD FINANCIAL SERVICES, INC. | $65,000 | $115,000 | 76.9% | 0.1% |
USAlliance Federal Credit Union | $115,000 | n/a | 0.1% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,170,000 | $105,000 | -91.0% | 0.1% |
Merchants Bank of Indiana | $105,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $85,000 | $105,000 | 23.5% | 0.1% |
First Guaranty Mortgage Corporation | $1,545,000 | $95,000 | -93.9% | 0.1% |
NATIONAL COOPERATIVE BANK, N.A. | $125,000 | $75,000 | -40.0% | 0.0% |
UNIVERSAL 1 CREDIT UNION | $210,000 | $75,000 | -64.3% | 0.0% |
CINFED Federal Credit Union | $105,000 | $70,000 | -33.3% | 0.0% |
Republic Bank & Trust Company | $65,000 | n/a | 0.0% | |
Discover Bank | $55,000 | n/a | 0.0% | |
QUORUM FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
Day Air Credit Union, Inc | $25,000 | n/a | 0.0% | |
Figure Lending LLC | $180,000 | $25,000 | -86.1% | 0.0% |
HONDA Federal Credit Union | $25,000 | n/a | 0.0% |
Wilmington's top lender by overall market share is LOANDEPOT.COM, LLC, with 9.5% market share. In second place, with 8.4%, is WRIGHT-PATT CREDIT UNION, INC., having originated $15,265,000 in loans. In third place, with 6.0%, is Fifth Third Bank, having originated $10,900,000 in loans. In fourth place, with 4.8%, is The Merchants National Bank, having originated $8,700,000 in loans. In fifth place, with 3.8%, is QUICKEN LOANS, LLC, having originated $6,885,000 in loans.
Wilmington Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Wilmington (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 | $127,050 (10.7%) | $172,297 (-10.1%) | 0.00 | 102 |
2018-02-01 | $129,700 (3.8%) | $181,121 (-12.9%) | 0.00 | 99 |
2018-03-01 | $129,000 (7.5%) | $189,042 (-9.8%) | 0.00 | 91 |
2018-04-01 | $142,200 (9.6%) | $197,528 (-5.5%) | 0.00 | 93 |
2018-05-01 | $132,425 (1.9%) | $198,063 (-3.4%) | 0.00 | 90 |
2018-06-01 | $149,500 (12.5%) | $208,000 (2.4%) | 0.00 | 107 |
2018-07-01 | $130,600 (-0.1%) | $196,593 (-1.6%) | 0.00 | 118 |
2018-08-01 | $129,363 (0.6%) | $193,326 (-1.4%) | 0.00 | 123 |
2018-09-01 | $129,900 (0.4%) | $184,578 (-5.4%) | 0.00 | 134 |
2018-10-01 | $137,000 (9.6%) | $192,085 (-1.1%) | 0.00 | 126 |
2018-11-01 | $139,350 (14.6%) | $176,081 (-10.3%) | 0.00 | 121 |
2018-12-01 | $139,000 (14.9%) | $188,616 (-3.7%) | 0.00 | 111 |
2019-01-01 | $139,200 (9.6%) | $198,444 (15.2%) | 0.00 | 91 |
2019-02-01 | $132,500 (2.2%) | $187,784 (3.7%) | 0.00 | 84 |
2019-03-01 | $120,000 (-7.0%) | $190,284 (0.7%) | 0.00 | 73 |
2019-04-01 | $132,825 (-6.6%) | $209,746 (6.2%) | 0.00 | 80 |
2019-05-01 | $138,700 (4.7%) | $207,700 (4.9%) | 0.00 | 86 |
2019-06-01 | $152,250 (1.8%) | $191,607 (-7.9%) | 0.00 | 92 |
2019-07-01 | $173,675 (33.0%) | $203,607 (3.6%) | 0.00 | 92 |
2019-08-01 | $175,000 (35.3%) | $206,758 (7.0%) | 0.00 | 95 |
2019-09-01 | $168,300 (29.6%) | $211,702 (14.7%) | 0.00 | 86 |
2019-10-01 | $158,075 (15.4%) | $202,944 (5.7%) | 0.00 | 108 |
2019-11-01 | $151,083 (8.4%) | $191,509 (8.8%) | 0.00 | 101 |
2019-12-01 | $139,900 (0.7%) | $179,802 (-4.7%) | 0.00 | 93 |
2020-01-01 | $139,900 (0.5%) | $176,214 (-11.2%) | 0.00 | 86 |
2020-02-01 | $132,450 (0.0%) | $169,046 (-10.0%) | 0.00 | 69 |
2020-03-01 | $139,900 (16.6%) | $194,652 (2.3%) | 0.00 | 67 |
2020-04-01 | $182,875 (37.7%) | $205,561 (-2.0%) | 0.00 | 63 |
2020-05-01 | $179,900 (29.7%) | $208,094 (0.2%) | 0.00 | 50 |
2020-06-01 | $222,375 (46.1%) | $300,435 (56.8%) | 0.00 | 43 |
2020-07-01 | $250,200 (44.1%) | $330,484 (62.3%) | 0.00 | 34 |
2020-08-01 | $205,000 (17.1%) | $288,890 (39.7%) | 0.00 | 41 |
2020-09-01 | $181,350 (7.8%) | $263,680 (24.6%) | 0.00 | 42 |
2020-10-01 | $175,000 (10.7%) | $256,306 (26.3%) | 0.00 | 44 |
2020-11-01 | $179,500 (18.8%) | $273,251 (42.7%) | 0.00 | 38 |
2020-12-01 | $179,500 (28.3%) | $278,542 (54.9%) | 0.00 | 37 |
2021-01-01 | $193,750 (38.5%) | $313,758 (78.1%) | 0.00 | 24 |
2021-02-01 | $225,000 (69.9%) | $367,302 (117.3%) | 0.00 | 22 |
2021-03-01 | $135,625 (-3.1%) | $318,185 (63.5%) | 0.00 | 25 |
2021-04-01 | $160,925 (-12.0%) | $343,929 (67.3%) | 0.00 | 28 |
2021-05-01 | $174,450 (-3.0%) | $247,797 (19.1%) | 0.00 | 31 |
2021-06-01 | $164,950 (-25.8%) | $240,281 (-20.0%) | 0.00 | 26 |
2021-07-01 | $174,900 (-30.1%) | $226,528 (-31.5%) | 0.00 | 42 |
2021-08-01 | $176,050 (-14.1%) | $200,368 (-30.6%) | 0.00 | 49 |
2021-09-01 | $192,450 (6.1%) | $223,318 (-15.3%) | 0.00 | 58 |
2021-10-01 | $182,450 (4.3%) | $213,653 (-16.6%) | 0.00 | 61 |
2021-11-01 | $188,625 (5.1%) | $210,940 (-22.8%) | 0.00 | 51 |
2021-12-01 | $208,550 (16.2%) | $235,052 (-15.6%) | 0.00 | 37 |
2022-01-01 | $200,000 (3.2%) | $232,389 (-25.9%) | 0.00 | 30 |
2022-02-01 | $209,750 (-6.8%) | $263,152 (-28.4%) | 0.00 | 31 |
2022-03-01 | $185,000 (36.4%) | $263,585 (-17.2%) | 0.00 | 37 |
2022-04-01 | $207,250 (28.8%) | $270,236 (-21.4%) | 0.00 | 39 |
2022-05-01 | $233,425 (33.8%) | $311,765 (25.8%) | 0.00 | 43 |
2022-06-01 | $202,125 (22.5%) | $276,826 (15.2%) | 0.00 | 53 |
2022-07-01 | $215,450 (23.2%) | $275,756 (21.7%) | 0.00 | 71 |
2022-08-01 | $215,675 (22.5%) | $267,745 (33.6%) | 0.00 | 68 |
2022-09-01 | $222,650 (15.7%) | $260,471 (16.6%) | 0.00 | 62 |
2022-10-01 | $249,800 (36.9%) | $266,851 (24.9%) | 0.00 | 62 |
2022-11-01 | $238,625 (26.5%) | $256,489 (21.6%) | 0.00 | 65 |
2022-12-01 | $216,500 (3.8%) | $250,082 (6.4%) | 0.00 | 68 |
2023-01-01 | $236,750 (18.4%) | $251,991 (8.4%) | 0.00 | 52 |
2023-02-01 | $247,450 (18.0%) | $262,333 (-0.3%) | 0.00 | 52 |
2023-03-01 | $263,325 (42.3%) | $261,944 (-0.6%) | 0.00 | 43 |
2023-04-01 | $195,000 (-5.9%) | $245,123 (-9.3%) | 0.00 | 48 |
Wilmington's median listing price comes in at 0% of the national average.
Wilmington's average listing price for 2023-04-01 was $245,123, a difference of $-25,113 (-9.3%) versus the prior year and $-16,821 versus the prior month.
For the 2023-04-01 period, Wilmington had 48 MLS listings, a difference of 5 listings (12%) versus the prior month and 9 listings (23%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Wilmington (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,725 sqft |
2018-02-01 | 0 days | 1,731 sqft |
2018-03-01 | 0 days | 1,792 sqft |
2018-04-01 | 0 days | 1,848 sqft |
2018-05-01 | 0 days | 1,812 sqft |
2018-06-01 | 0 days | 1,788 sqft |
2018-07-01 | 0 days | 1,691 sqft |
2018-08-01 | 0 days | 1,668 sqft |
2018-09-01 | 0 days | 1,642 sqft |
2018-10-01 | 0 days | 1,658 sqft |
2018-11-01 | 0 days | 1,671 sqft |
2018-12-01 | 0 days | 1,680 sqft |
2019-01-01 | 0 days | 1,708 sqft |
2019-02-01 | 0 days | 1,672 sqft |
2019-03-01 | 0 days | 1,594 sqft |
2019-04-01 | 0 days | 1,559 sqft |
2019-05-01 | 0 days | 1,738 sqft |
2019-06-01 | 0 days | 1,602 sqft |
2019-07-01 | 0 days | 1,801 sqft |
2019-08-01 | 0 days | 1,804 sqft |
2019-09-01 | 0 days | 1,766 sqft |
2019-10-01 | 0 days | 1,701 sqft |
2019-11-01 | 0 days | 1,664 sqft |
2019-12-01 | 0 days | 1,508 sqft |
2020-01-01 | 0 days | 1,521 sqft |
2020-02-01 | 0 days | 1,482 sqft |
2020-03-01 | 0 days | 1,699 sqft |
2020-04-01 | 0 days | 1,696 sqft |
2020-05-01 | 0 days | 1,734 sqft |
2020-06-01 | 0 days | 1,879 sqft |
2020-07-01 | 0 days | 2,143 sqft |
2020-08-01 | 0 days | 1,887 sqft |
2020-09-01 | 0 days | 1,603 sqft |
2020-10-01 | 0 days | 1,461 sqft |
2020-11-01 | 0 days | 1,443 sqft |
2020-12-01 | 0 days | 1,459 sqft |
2021-01-01 | 0 days | 1,476 sqft |
2021-02-01 | 0 days | 1,706 sqft |
2021-03-01 | 0 days | 1,487 sqft |
2021-04-01 | 0 days | 1,561 sqft |
2021-05-01 | 0 days | 1,543 sqft |
2021-06-01 | 0 days | 1,516 sqft |
2021-07-01 | 0 days | 1,660 sqft |
2021-08-01 | 0 days | 1,513 sqft |
2021-09-01 | 0 days | 1,578 sqft |
2021-10-01 | 0 days | 1,634 sqft |
2021-11-01 | 0 days | 1,782 sqft |
2021-12-01 | 0 days | 1,650 sqft |
2022-01-01 | 0 days | 1,608 sqft |
2022-02-01 | 0 days | 1,910 sqft |
2022-03-01 | 0 days | 1,391 sqft |
2022-04-01 | 0 days | 1,568 sqft |
2022-05-01 | 0 days | 1,798 sqft |
2022-06-01 | 0 days | 1,685 sqft |
2022-07-01 | 0 days | 1,630 sqft |
2022-08-01 | 0 days | 1,550 sqft |
2022-09-01 | 0 days | 1,665 sqft |
2022-10-01 | 0 days | 1,722 sqft |
2022-11-01 | 0 days | 1,779 sqft |
2022-12-01 | 0 days | 1,580 sqft |
2023-01-01 | 0 days | 1,660 sqft |
2023-02-01 | 0 days | 1,663 sqft |
2023-03-01 | 0 days | 1,530 sqft |
2023-04-01 | 0 days | 1,506 sqft |
Wilmington's median square footage for active listings during the 2023-04-01 period was 1,506 sqft. One year prior, the average listing was 1,568 sqft.
Wilmington, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 558 | $118,890,000 | $213,065 |
Cash Out Refi | 192 | $29,910,000 | $155,781 |
Home Improvement | 137 | $9,045,000 | $66,022 |
Refi | 118 | $15,400,000 | $130,508 |
Other | 91 | $7,765,000 | $85,330 |
Wilmington's most frequently cited loan purpose was Home Purchase, with 558 originations. The 2nd most popular reason was Cash Out Refi, with 192 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 282 | $55,360,000 | $196,312 |
4-5% | 254 | $42,090,000 | $165,709 |
3-4% | 225 | $36,805,000 | $163,578 |
6-7% | 151 | $23,175,000 | $153,477 |
2.5-3% | 71 | $10,895,000 | $153,451 |
7-8% | 56 | $6,210,000 | $110,893 |
Over 8% | 20 | $1,170,000 | $58,500 |
<2.5% | 19 | $2,385,000 | $125,526 |
During 2022, Wilmington's most frequently originated rate bucket was 5-6%, with 282 originations.
Loan Sizing (Wilmington, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 450 | $66,410,000 | $147,578 |
$100,000 or less | 343 | $20,725,000 | $60,423 |
$200k-400k | 258 | $68,030,000 | $263,682 |
$400k-600k | 28 | $13,430,000 | $479,643 |
$600k-1000k | 16 | $11,300,000 | $706,250 |
$Over $1MM | 1 | $1,115,000 | $1,115,000 |
Wilmington's loan sizing saw the bucket of loans from $100k-200k with 450 originations, totaling $66,410,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 433 | $90,745,000 | $209,573 |
60-80% | 220 | $45,140,000 | $205,182 |
20-40% | 149 | $12,565,000 | $84,329 |
40-60% | 145 | $20,145,000 | $138,931 |
Under 20% | 107 | $4,085,000 | $38,178 |
Over 100% | 19 | $4,215,000 | $221,842 |
Wilmington's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 433 originations, totaling $90,745,000 in origination value.