Wilmington 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 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%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Wilmington, OH.

    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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    LOANDEPOT.COM, LLC 38 5.28% $4,147
    WRIGHT-PATT CREDIT UNION, INC. 29 4.95% $2,885
    QUICKEN LOANS, LLC 23 5.16% $7,413
    The Merchants National Bank 18 5.16% $2,320
    Union Savings Bank 17 4.18% $1,308
    Fifth Third Bank 16 4.82% $3,993
    1st National Bank 15 5.08% $2,537
    The Huntington National Bank 13 5.01% $3,453
    Peoples Bank 12 5.73% $2,487
    UNION HOME MORTGAGE CORP. 9 5.32% $3,806
    UNITED WHOLESALE MORTGAGE, LLC 9 5.29% $5,784
    PNC Bank 8 4.59% $3,902
    U.S. Bank 8 4.56% $3,240
    CALIBER HOME LOANS, INC. 8 5.43% $4,809
    JPMorgan Chase Bank 6 5.75% $4,456
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 5.52% $4,997
    GUARANTEED RATE AFFINITY, LLC 5 4.66% $4,984
    DAS Acquisition Company, LLC 5 5.55% $4,755
    EQUITY RESOURCES, INC. 5 5.55% $3,030
    GUARANTEED RATE, INC. 5 5.72% $7,006
    GUILD MORTGAGE COMPANY 5 5.70% $6,271
    RUOFF MORTGAGE COMPANY, INC. 5 5.75% $4,261
    Carrington Mortgage Services, LLC 4 5.69% $7,121
    First State Bank 4 5.53% $2,412
    CROSSCOUNTRY MORTGAGE, LLC 4 4.96% $6,366
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.66% $4,499
    Wells Fargo Bank 3 4.54% $2,870
    The Park National Bank 3 6.04% $3,784
    First Financial Bank 3 4.50% $4,191
    Farm Credit Mid-America, ACA 3 5.00% $8,415
    Paramount Residential Mortgage Group, Inc. 3 6.33% $5,679
    BAYSHORE MORTGAGE FUNDING, LLC 3 5.04% $6,164
    The Old Fort Banking Company 3 4.63% $2,817
    LCNB National Bank 3 4.50% $2,740
    OPTION FINANCIAL, LLC 2 5.06% $3,932
    Mr. Cooper ( Nationstar Mortgage ) 2 3.56% $9,470
    Dollar Bank, Federal Savings Bank 2 4.81% $8,940
    Gateway First Bank 2 4.63% $3,942
    GENERAL ELECTRIC CREDIT UNION 2 4.00% $3,495
    NFM, INC. 2 4.56% $10,095
    Third Federal Savings and Loan Association of Cleveland 2 4.62% $148
    MID AMERICA MORTGAGE, INC. 2 5.06% $8,042
    AMERIFIRST FINANCIAL CORPORATION 2 4.88% $4,262
    RAPID MORTGAGE COMPANY 2 5.93% $8,061
    VAN DYK MORTGAGE CORPORATION 2 5.75% $3,958
    ROYAL UNITED MORTGAGE LLC 1 6.00% $7,608
    AMERICAN FINANCING CORPORATION 1 5.50% $5,418
    SIBCY CLINE MORTGAGE SERVICES, INC. 1 5.13% $3,229
    STOCKTON MORTGAGE CORPORATION 1 4.13% $3,490
    SUCCESS MORTGAGE PARTNERS, INC. 1 5.50% $4,828
    Superior Credit Union, Inc. 1 4.25% $2,193
    T2 FINANCIAL LLC 1 3.88% $3,759
    BROKER SOLUTIONS, INC. 1 5.50% $8,202
    THRIVE MORTGAGE, LLC 1 6.88% $4,919
    Bank of America 1 3.88% $2,740
    UNITED MORTGAGE CORP. 1 3.88% $8,248
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.99% $3,939
    USAA Federal Savings Bank 1 5.25% $2,972
    AMERICAN MORTGAGE SERVICE COMPANY 1 6.00% $4,073
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.25% $8,822
    ENVOY MORTGAGE, LTD 1 5.88% $4,158
    Equity Prime Mortgage LLC 1 4.63% $7,817
    Evolve Bank & Trust 1 3.38% $4,727
    EVERETT FINANCIAL, INC. 1 6.38% $2,430
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 1 3.88% $3,213
    First Commonwealth Bank 1 5.00% $4,122
    Flagstar Bank, FSB 1 3.99% $3,379
    FREEDOM MORTGAGE CORPORATION 1 5.75% $4,849
    Guardian Savings Bank, A Federal Savings Bank 1 4.00% $515
    WesBanco Bank, Inc. 1 3.50% $6,954
    HOME POINT FINANCIAL CORPORATION 1 4.38% $3,201
    HOMESIDE FINANCIAL, LLC 1 5.75% $2,820
    Citizens Bank 1 6.00% $3,192
    KEMBA FINANCIAL 1 5.63% $2,447
    LAKEVIEW LOAN SERVICING, LLC 1 3.99% $4,402
    Cincinnati Federal 1 5.38% $2,978
    Mercantile Bank of Michigan 1 3.75% $5,069
    Merchants Bank of Indiana 1 5.63% $4,182
    Nations Lending Corporation 1 3.99% $2,602
    NATIONS RELIABLE LENDING, LLC 1 3.13% $5,615
    NATIONWIDE MORTGAGE BANKERS, INC. 1 5.88% $3,857
    NEWREZ LLC 1 5.63% $3,674
    CHURCHILL MORTGAGE CORPORATION 1 7.25% $3,939
    POLARIS HOME FUNDING CORP. 1 3.38% $16,652
    CARDINAL FINANCIAL 1 3.75% $4,086
    Republic Bank & Trust Company 1 4.88% $3,864

    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. Louis
    Date 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 for 2023-04-01 was $195,000, a difference of $-12,250 (-5.9%) versus the prior year and $-68,325 versus the prior month.

    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. Louis
    Date 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 listing age (time on market) for 2023-04-01 was 0 days.

    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.