Wooster 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 Wooster averaged 7.26% 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 6.94% and one month ago for the week of 2024-03-14, the average rate was 7%.

    Wooster's average rate one year ago was 6.53%.

    For refis of the same type during the week of 2024-04-18, the average rate was 8.02%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Wooster 30 Year Fixed Rate 2024-04-18 7.26%
    Wooster 30 Year Fixed Rate Refi 2024-04-18 8.02%
    Wooster 15 Year Fixed Rate 2024-04-18 6.19%
    Wooster 15 Year Fixed Rate Refi 2024-04-18 6.59%
    Wooster 30 Year FHA 2024-04-18 7.05%
    Wooster 30 Year FHA Refi 2024-04-18 7.06%
    Wooster 30 Year USDA 2024-04-18 6.96%
    Wooster 30 Year USDA Refi 2024-04-18 6.96%
    Wooster 30 Year VA 2024-04-18 6.56%
    Wooster 30 Year VA Refi 2024-04-18 6.76%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Wooster, OH.

    Wooster 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 Wooster, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 88 7.19% $6,537
    The Farmers National Bank of Canfield 49 6.74% $4,213
    QUICKEN LOANS, LLC 46 6.92% $6,609
    The Huntington National Bank 44 6.80% $3,852
    The Commercial and Savings Bank of Millersburg Ohio 33 6.52% $3,255
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 26 6.80% $4,311
    UNION HOME MORTGAGE CORP. 24 7.23% $5,316
    AmeriHome Mortgage Company, LLC 21 6.71% $4,219
    PNC Bank 20 6.54% $4,182
    JPMorgan Chase Bank 15 6.79% $4,304
    The Park National Bank 14 6.49% $3,683
    HOWARD HANNA FINANCIAL SERVICES, INC. 12 6.72% $4,305
    Fifth Third Bank 11 6.82% $4,945
    Farm Credit Mid-America, ACA 11 7.10% $6,004
    Third Federal Savings and Loan Association of Cleveland 11 6.06% $2,543
    NVR Mortgage Finance, Inc. 11 5.99% $4,444
    GUARANTEED RATE, INC. 10 6.82% $4,557
    UNITED WHOLESALE MORTGAGE, LLC 7 7.46% $7,031
    First Federal Savings and Loan Association of Lakewood 6 6.70% $4,834
    PRIMARY RESIDENTIAL MORTGAGE, INC. 6 6.23% $5,107
    U.S. Bank 6 6.77% $4,058
    Directions Credit Union, Inc. 6 6.65% $463
    TOP FLITE FINANCIAL, INC. 6 6.79% $7,571
    Nations Lending Corporation 5 7.20% $8,788
    LOANDEPOT.COM, LLC 4 6.81% $6,425
    Mr. Cooper ( Nationstar Mortgage ) 4 6.93% $9,122
    RUOFF MORTGAGE COMPANY, INC. 4 6.63% $6,937
    GVC MORTGAGE, INC. 4 7.53% $3,191
    Citizens Bank 3 6.92% $3,501
    THE EQUITABLE MORTGAGE CORPORATION 3 6.88% $3,945
    First National Bank of Pennsylvania 2 6.19% $4,367
    First Financial Bank 2 6.63% $4,358
    First Federal Bank of the Midwest 2 7.19% $3,419
    Union Savings Bank 2 6.94% $1,670
    PENNYMAC LOAN SERVICES, LLC 2 7.13% $4,067
    Wells Fargo Bank 2 6.00% $1,483
    WesBanco 2 6.56% $4,409
    T2 FINANCIAL LLC 2 6.68% $7,946
    YOUR HOME FINANCIAL LLC 2 7.19% $4,848
    Mechanics Bank 2 5.99% $2,529
    HOMESIDE FINANCIAL, LLC 2 7.19% $7,104
    EVERENCE FEDERAL CREDIT UNION 2 6.63% $2,130
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 6.50% $4,412
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.31% $6,124
    EQUITY RESOURCES, INC. 2 6.88% $3,577
    LIBERTY HOME MORTGAGE CORPORATION 2 7.13% $7,878
    Ally Bank 2 5.81% $4,498
    DRAPER AND KRAMER MORTGAGE CORP. 2 7.25% $3,660
    NORTHERN MORTGAGE SERVICES, LLC 1 7.38% $3,776
    AMCAP MORTGAGE, LTD. 1 7.99% $5,444
    American Midwest Mortgage Corporation 1 6.50% $9,048
    AMERISAVE MORTGAGE CORPORATION 1 6.99% $7,548
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.88% $3,502
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.88% $8,973
    BROKER SOLUTIONS, INC. 1 5.88% $6,433
    CALCON MUTUAL MORTGAGE LLC 1 6.25% $4,863
    Carrington Mortgage Services, LLC 1 5.75% $6,105
    Century Mortgage Company DBA Century Lending Company 1 7.13% $9,067
    CINFED Federal Credit Union 1 5.75% $2,154
    Citibank 1 6.63% $5,465
    Civista Bank 1 5.13% $4,923
    DEEPHAVEN MORTGAGE LLC 1 7.38% $9,163
    Discover Bank 1 7.24% $0
    Dollar Bank, Federal Savings Bank 1 5.75% $4,809
    EASTMAN 1 6.50% $2,945
    EMBRACE HOME LOANS, INC. 1 7.49% $9,222
    EVERETT FINANCIAL, INC. 1 6.50% $4,463
    First Commonwealth Bank 1 7.38% $4,340
    FIRST COMMUNITY MORTGAGE, INC. 1 7.99% $3,765
    Flagstar Bank, FSB 1 8.13% $4,024
    GUILD MORTGAGE COMPANY 1 6.99% $5,173
    KeyBank 1 6.75% $3,204
    LAKEVIEW LOAN SERVICING, LLC 1 6.63% $6,370
    M&T Bank 1 6.88% $5,438
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.88% $2,910
    NAVY FEDERAL CREDIT UNION 1 8.63% $3,153
    NFM, INC. 1 7.00% $5,236
    Ohio Catholic Federal Credit Union 1 7.00% $9,110
    Paramount Residential Mortgage Group, Inc. 1 6.63% $6,422
    PHH Mortgage Corporation 1 7.13% $6,420
    POLARIS HOME FUNDING CORP. 1 7.25% $4,940
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $3,525
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 7.63% $5,207
    SIRVA MORTGAGE, INC. 1 6.88% $2,554
    S&T Bank 1 6.25% $4,279
    Stifel Bank and Trust 1 5.63% $1,978
    UNION CAPITAL MORTGAGE CORPORATION 1 6.50% $3,423
    WEST PENN FINANCIAL SERVICE CENTER, INC. 1 6.50% $3,828

    Wooster Average Closing Costs & Other Stats

    Wooster, OH's 88 lenders originated 1,865 loans during 2023. The total origination value was $314,565,000, with an average loan value of $168,668.

    Wooster's average closing costs are $4,766.

    The top Wooster lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 88 loans originated. Their average total fees are $6,537, which is $2,324 higher than the next largest lender, The Farmers National Bank of Canfield.

    The lowest fee Wooster lenders (with over 10 loans originated) are Third Federal Savings and Loan Association of Cleveland ($2,543), The Commercial and Savings Bank of Millersburg Ohio ($3,255), The Park National Bank ($3,683), The Huntington National Bank ($3,852) and PNC Bank ($4,182).

    The lowest rate Wooster lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. (5.99%), Third Federal Savings and Loan Association of Cleveland (6.06%), The Park National Bank (6.49%), The Commercial and Savings Bank of Millersburg Ohio (6.52%) and PNC Bank (6.54%).

    Wooster, 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    The Huntington National Bank $41,045,000 $33,920,000 -17.4% 10.8%
    The Farmers National Bank of Canfield $49,610,000 $32,065,000 -35.4% 10.2%
    CROSSCOUNTRY MORTGAGE, LLC $20,375,000 $31,105,000 52.7% 9.9%
    QUICKEN LOANS, LLC $26,610,000 $20,095,000 -24.5% 6.4%
    PNC Bank $28,850,000 $19,435,000 -32.6% 6.2%
    The Commercial and Savings Bank of Millersburg Ohio $12,345,000 $13,480,000 9.2% 4.3%
    Wayne Savings Community Bank $30,895,000 $13,100,000 -57.6% 4.2%
    UNION HOME MORTGAGE CORP. $10,440,000 $8,395,000 -19.6% 2.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $10,275,000 $7,930,000 -22.8% 2.5%
    The Apple Creek Banking Company $9,895,000 $7,610,000 -23.1% 2.4%
    ORIX REAL ESTATE CAPITAL, LLC $2,015,000 $6,205,000 207.9% 2.0%
    AmeriHome Mortgage Company, LLC $2,635,000 $5,335,000 102.5% 1.7%
    Farm Credit Mid-America, ACA $8,580,000 $5,025,000 -41.4% 1.6%
    Third Federal Savings and Loan Association of Cleveland $7,985,000 $4,775,000 -40.2% 1.5%
    Mortgage Research Center, LLC $3,680,000 $4,420,000 20.1% 1.4%
    The Park National Bank $5,545,000 $4,230,000 -23.7% 1.3%
    NVR Mortgage Finance, Inc. $4,110,000 n/a 1.3%
    UNITED WHOLESALE MORTGAGE, LLC $5,330,000 $3,700,000 -30.6% 1.2%
    JPMorgan Chase Bank $6,835,000 $3,670,000 -46.3% 1.2%
    Fifth Third Bank $1,975,000 $3,610,000 82.8% 1.1%
    U.S. Bank $4,290,000 $3,395,000 -20.9% 1.1%
    HOWARD HANNA FINANCIAL SERVICES, INC. $4,185,000 $3,120,000 -25.4% 1.0%
    GUARANTEED RATE, INC. $4,695,000 $2,890,000 -38.4% 0.9%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $25,910,000 $2,710,000 -89.5% 0.9%
    First Federal Bank of the Midwest $5,960,000 $2,515,000 -57.8% 0.8%
    TOP FLITE FINANCIAL, INC. $4,280,000 $2,315,000 -45.9% 0.7%
    Nations Lending Corporation $1,820,000 $2,205,000 21.2% 0.7%
    PENNYMAC LOAN SERVICES, LLC $1,690,000 $2,155,000 27.5% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $6,155,000 $2,115,000 -65.6% 0.7%
    RUOFF MORTGAGE COMPANY, INC. $1,540,000 $2,075,000 34.7% 0.7%
    First Federal Savings and Loan Association of Lakewood $310,000 $1,955,000 530.6% 0.6%
    Citizens Bank $4,035,000 $1,930,000 -52.2% 0.6%
    First Merchants Bank $775,000 $1,830,000 136.1% 0.6%
    EVERENCE FEDERAL CREDIT UNION $2,340,000 $1,715,000 -26.7% 0.5%
    NEW DAY FINANCIAL, LLC $1,145,000 $1,605,000 40.2% 0.5%
    NAVY FEDERAL CREDIT UNION $1,095,000 $1,560,000 42.5% 0.5%
    Directions Credit Union, Inc. $1,190,000 $1,465,000 23.1% 0.5%
    First Financial Bank $215,000 $1,400,000 551.2% 0.4%
    S&T Bank $480,000 $1,165,000 142.7% 0.4%
    FIRST OHIO HOME FINANCE, INC. $1,255,000 $1,050,000 -16.3% 0.3%
    Discover Bank $455,000 $1,035,000 127.5% 0.3%
    LOANDEPOT.COM, LLC $5,345,000 $995,000 -81.4% 0.3%
    First Commonwealth Bank $4,165,000 $990,000 -76.2% 0.3%
    NEWREZ LLC $720,000 $975,000 35.4% 0.3%
    GVC MORTGAGE, INC. $935,000 n/a 0.3%
    TRIAD FINANCIAL SERVICES, INC. $225,000 $925,000 311.1% 0.3%
    YOUR HOME FINANCIAL LLC $830,000 $780,000 -6.0% 0.2%
    First National Bank of Pennsylvania $1,110,000 $775,000 -30.2% 0.2%
    Dollar Bank, Federal Savings Bank $640,000 $755,000 18.0% 0.2%
    WesBanco $710,000 n/a 0.2%
    THE EQUITABLE MORTGAGE CORPORATION $85,000 $700,000 723.5% 0.2%
    BROKER SOLUTIONS, INC. $350,000 $690,000 97.1% 0.2%
    PHH Mortgage Corporation $500,000 $690,000 38.0% 0.2%
    Flagstar Bank, FSB $2,585,000 $630,000 -75.6% 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $595,000 $595,000 0.0% 0.2%
    Carrington Mortgage Services, LLC $640,000 $595,000 -7.0% 0.2%
    HOMESIDE FINANCIAL, LLC $760,000 $595,000 -21.7% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $405,000 $595,000 46.9% 0.2%
    Ohio Catholic Federal Credit Union $575,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $4,400,000 $565,000 -87.2% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $405,000 $555,000 37.0% 0.2%
    American Midwest Mortgage Corporation $225,000 $540,000 140.0% 0.2%
    POLARIS HOME FUNDING CORP. $430,000 $515,000 19.8% 0.2%
    Mechanics Bank $500,000 n/a 0.2%
    NFM, INC. $270,000 $495,000 83.3% 0.2%
    USAA Federal Savings Bank $1,210,000 $480,000 -60.3% 0.2%
    Figure Lending LLC $355,000 $470,000 32.4% 0.1%
    CINFED Federal Credit Union $255,000 $465,000 82.4% 0.1%
    T2 FINANCIAL LLC $685,000 $440,000 -35.8% 0.1%
    Portage Community Bank $145,000 $420,000 189.7% 0.1%
    Stifel Bank and Trust $420,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $1,400,000 $415,000 -70.4% 0.1%
    The Farmers Savings Bank $405,000 n/a 0.1%
    DELMAR FINANCIAL COMPANY $400,000 n/a 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $1,875,000 $400,000 -78.7% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $225,000 $385,000 71.1% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $385,000 n/a 0.1%
    Strong Home Mortgage, LLC $375,000 n/a 0.1%
    KeyBank $640,000 $370,000 -42.2% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $645,000 $370,000 -42.6% 0.1%
    OCMBC, INC. $365,000 n/a 0.1%
    Wells Fargo Bank $2,560,000 $365,000 -85.7% 0.1%
    Civista Bank $40,000 $355,000 787.5% 0.1%
    EMBRACE HOME LOANS, INC. $355,000 n/a 0.1%
    NATIONWIDE MORTGAGE BANKERS, INC. $1,730,000 $350,000 -79.8% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $495,000 $335,000 -32.3% 0.1%
    21ST MORTGAGE CORPORATION $355,000 $330,000 -7.0% 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $330,000 n/a 0.1%
    1ST SIGNATURE LENDING, LLC $275,000 $325,000 18.2% 0.1%
    PREMIER LENDING, INC. $325,000 n/a 0.1%
    Ally Bank $660,000 $320,000 -51.5% 0.1%
    Union Savings Bank $470,000 $320,000 -31.9% 0.1%
    CITYWIDE HOME LOANS, LLC $315,000 n/a 0.1%
    FIRST MORTGAGE COMPANY, INC. $315,000 n/a 0.1%
    Century Mortgage Company DBA Century Lending Company $305,000 n/a 0.1%
    EQUITY RESOURCES, INC. $300,000 n/a 0.1%
    Magnolia Bank $295,000 n/a 0.1%
    Bank of America $495,000 $290,000 -41.4% 0.1%
    Citibank $85,000 $285,000 235.3% 0.1%
    EVERETT FINANCIAL, INC. $315,000 $285,000 -9.5% 0.1%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $2,715,000 $280,000 -89.7% 0.1%
    GENEVA FINANCIAL, LLC $480,000 $275,000 -42.7% 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $265,000 n/a 0.1%
    Westfield Bank, FSB $4,665,000 $265,000 -94.3% 0.1%
    Consumers National Bank $255,000 n/a 0.1%
    First Federal Bank $225,000 $255,000 13.3% 0.1%
    GUILD MORTGAGE COMPANY $195,000 $255,000 30.8% 0.1%
    ABSOLUTE HOME MORTGAGE CORPORATION $105,000 $245,000 133.3% 0.1%
    Coastal Community Bank $245,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $685,000 $245,000 -64.2% 0.1%
    M&T Bank $315,000 $240,000 -23.8% 0.1%
    DOMINION FINANCIAL SERVICES, LLC $235,000 n/a 0.1%
    AMWEST FUNDING CORP. $225,000 n/a 0.1%
    PLAZA HOME MORTGAGE, INC. $225,000 n/a 0.1%
    AMERISAVE MORTGAGE CORPORATION $2,180,000 $220,000 -89.9% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $375,000 $205,000 -45.3% 0.1%
    WEST PENN FINANCIAL SERVICE CENTER, INC. $300,000 $205,000 -31.7% 0.1%
    LOANPAL, LLC $195,000 n/a 0.1%
    NORTHERN MORTGAGE SERVICES, LLC $195,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $185,000 $195,000 5.4% 0.1%
    V.I.P. MORTGAGE, INC. $195,000 n/a 0.1%
    Bank of England $195,000 $185,000 -5.1% 0.1%
    Broadway National Bank $185,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $185,000 n/a 0.1%
    MOVEMENT MORTGAGE, LLC $185,000 n/a 0.1%
    SIRVA MORTGAGE, INC. $275,000 $185,000 -32.7% 0.1%
    Seven Seventeen Credit Union $220,000 $180,000 -18.2% 0.1%
    Paramount Residential Mortgage Group, Inc. $175,000 n/a 0.1%
    CALCON MUTUAL MORTGAGE LLC $165,000 n/a 0.1%
    SPRING EQ, LLC $140,000 $160,000 14.3% 0.1%
    Barrington Bank & Trust Company, N.A. $155,000 n/a 0.0%
    CARDINAL FINANCIAL $565,000 $155,000 -72.6% 0.0%
    UNION CAPITAL MORTGAGE CORPORATION $155,000 n/a 0.0%
    EASTMAN $585,000 $145,000 -75.2% 0.0%
    MID AMERICA MORTGAGE, INC. $145,000 n/a 0.0%
    NATIONS DIRECT MORTGAGE, LLC $135,000 n/a 0.0%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $135,000 $125,000 -7.4% 0.0%
    AMCAP MORTGAGE, LTD. $225,000 $115,000 -48.9% 0.0%
    FINANCE OF AMERICA REVERSE LLC $105,000 n/a 0.0%
    LONGBRIDGE FINANCIAL, LLC $155,000 $105,000 -32.3% 0.0%
    CONTOUR MORTGAGE CORPORATION $95,000 n/a 0.0%
    First Federal Community Bank of Bucyrus $95,000 n/a 0.0%
    Peoples Bank $140,000 $90,000 -35.7% 0.0%
    CHURCHILL MORTGAGE CORPORATION $695,000 $85,000 -87.8% 0.0%
    LIMA ONE CAPITAL, LLC $4,785,000 $75,000 -98.4% 0.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $65,000 n/a 0.0%
    TELHIO $65,000 n/a 0.0%
    ALLIANT CREDIT UNION $470,000 $55,000 -88.3% 0.0%
    ASHLAND Credit Union $55,000 n/a 0.0%
    The Union Bank Company $55,000 n/a 0.0%
    BRIDGE $15,000 $35,000 133.3% 0.0%
    KEMBA FINANCIAL $45,000 $35,000 -22.2% 0.0%
    PENTAGON FEDERAL CREDIT UNION $855,000 $35,000 -95.9% 0.0%
    Community One Credit Union of Ohio, Inc $170,000 $25,000 -85.3% 0.0%
    CREDIT UNION OF OHIO $25,000 n/a 0.0%
    Lakeview Community Capital, LLC $55,000 $25,000 -54.5% 0.0%
    STARK FEDERAL CREDIT UNION $55,000 $25,000 -54.5% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $15,000 n/a 0.0%

    Wooster's top lender by overall market share is The Huntington National Bank, with 10.8% market share. In second place, with 10.2%, is The Farmers National Bank of Canfield, having originated $32,065,000 in loans. In third place, with 9.9%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $31,105,000 in loans. In fourth place, with 6.4%, is QUICKEN LOANS, LLC, having originated $20,095,000 in loans. In fifth place, with 6.2%, is PNC Bank, having originated $19,435,000 in loans.

    Wooster Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Wooster (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 $162,814 (25.8%) $203,638 (18.3%) 0.00 158
    2018-02-01 $162,225 (20.2%) $210,323 (14.9%) 0.00 151
    2018-03-01 $159,950 (16.3%) $220,631 (17.0%) 0.00 157
    2018-04-01 $163,200 (16.6%) $214,410 (14.9%) 0.00 155
    2018-05-01 $159,900 (13.8%) $212,455 (15.6%) 0.00 171
    2018-06-01 $166,250 (16.3%) $221,145 (19.5%) 0.00 185
    2018-07-01 $164,950 (17.9%) $225,297 (23.6%) 0.00 187
    2018-08-01 $167,625 (11.8%) $216,148 (13.2%) 0.00 224
    2018-09-01 $165,000 (10.8%) $213,982 (10.7%) 0.00 215
    2018-10-01 $168,548 (12.9%) $214,069 (10.2%) 0.00 218
    2018-11-01 $173,425 (10.2%) $214,443 (9.1%) 0.00 209
    2018-12-01 $179,900 (14.1%) $223,546 (15.2%) 0.00 191
    2019-01-01 $179,900 (10.5%) $226,544 (11.3%) 0.00 171
    2019-02-01 $179,900 (10.9%) $230,964 (9.8%) 0.00 149
    2019-03-01 $195,400 (22.2%) $237,663 (7.7%) 0.00 145
    2019-04-01 $213,484 (30.8%) $241,968 (12.9%) 0.00 142
    2019-05-01 $175,000 (9.4%) $219,350 (3.3%) 0.00 152
    2019-06-01 $184,950 (11.3%) $234,367 (6.0%) 0.00 157
    2019-07-01 $180,250 (9.3%) $231,681 (2.8%) 0.00 173
    2019-08-01 $185,318 (10.6%) $228,965 (5.9%) 0.00 177
    2019-09-01 $179,795 (9.0%) $221,190 (3.4%) 0.00 175
    2019-10-01 $176,114 (4.5%) $214,846 (0.4%) 0.00 174
    2019-11-01 $175,500 (1.2%) $213,839 (-0.3%) 0.00 160
    2019-12-01 $171,175 (-4.9%) $207,622 (-7.1%) 0.00 155
    2020-01-01 $172,550 (-4.1%) $211,060 (-6.8%) 0.00 140
    2020-02-01 $165,000 (-8.3%) $208,272 (-9.8%) 0.00 128
    2020-03-01 $161,450 (-17.4%) $206,598 (-13.1%) 0.00 126
    2020-04-01 $167,400 (-21.6%) $207,756 (-14.1%) 0.00 110
    2020-05-01 $162,900 (-6.9%) $208,617 (-4.9%) 0.00 95
    2020-06-01 $186,225 (0.7%) $231,493 (-1.2%) 0.00 98
    2020-07-01 $202,150 (12.2%) $234,486 (1.2%) 0.00 97
    2020-08-01 $205,000 (10.6%) $227,265 (-0.7%) 0.00 100
    2020-09-01 $208,350 (15.9%) $244,402 (10.5%) 0.00 116
    2020-10-01 $189,950 (7.9%) $233,895 (8.9%) 0.00 108
    2020-11-01 $183,650 (4.6%) $228,706 (7.0%) 0.00 96
    2020-12-01 $178,450 (4.3%) $224,607 (8.2%) 0.00 94
    2021-01-01 $166,950 (-3.3%) $228,294 (8.2%) 0.00 82
    2021-02-01 $194,700 (18.0%) $253,736 (21.8%) 0.00 63
    2021-03-01 $182,000 (12.7%) $244,353 (18.3%) 0.00 49
    2021-04-01 $199,950 (19.4%) $253,647 (22.1%) 0.00 51
    2021-05-01 $200,000 (22.8%) $246,102 (18.0%) 0.00 59
    2021-06-01 $199,975 (7.4%) $233,334 (0.8%) 0.00 66
    2021-07-01 $215,000 (6.4%) $277,038 (18.2%) 0.00 82
    2021-08-01 $197,225 (-3.8%) $266,286 (17.2%) 0.00 82
    2021-09-01 $193,450 (-7.2%) $277,942 (13.7%) 0.00 73
    2021-10-01 $199,900 (5.2%) $270,703 (15.7%) 0.00 80
    2021-11-01 $199,000 (8.4%) $277,944 (21.5%) 0.00 75
    2021-12-01 $199,925 (12.0%) $279,629 (24.5%) 0.00 59
    2022-01-01 $229,000 (37.2%) $235,116 (3.0%) 0.00 72
    2022-02-01 $224,000 (15.1%) $264,947 (4.4%) 0.00 52
    2022-03-01 $221,465 (21.7%) $290,512 (18.9%) 0.00 47
    2022-04-01 $210,000 (5.0%) $269,803 (6.4%) 0.00 54
    2022-05-01 $223,575 (11.8%) $271,330 (10.3%) 0.00 62
    2022-06-01 $260,000 (30.0%) $277,387 (18.9%) 0.00 73
    2022-07-01 $255,900 (19.0%) $285,521 (3.1%) 0.00 83
    2022-08-01 $253,925 (28.8%) $285,278 (7.1%) 0.00 92
    2022-09-01 $229,500 (18.6%) $270,011 (-2.9%) 0.00 87
    2022-10-01 $223,700 (11.9%) $261,140 (-3.5%) 0.00 95
    2022-11-01 $235,000 (18.1%) $272,186 (-2.1%) 0.00 89
    2022-12-01 $225,000 (12.5%) $258,585 (-7.5%) 0.00 83
    2023-01-01 $229,600 (0.3%) $265,189 (12.8%) 0.00 71
    2023-02-01 $244,950 (9.4%) $267,582 (1.0%) 0.00 73
    2023-03-01 $256,225 (15.7%) $273,908 (-5.7%) 0.00 76
    2023-04-01 $239,450 (14.0%) $253,114 (-6.2%) 0.00 71
    2023-05-01 $251,700 (12.6%) $267,750 (-1.3%) 0.00 70
    2023-06-01 $267,950 (3.1%) $280,878 (1.3%) 0.00 80
    2023-07-01 $280,000 (9.4%) $306,102 (7.2%) 0.00 87
    2023-08-01 $287,500 (13.2%) $304,869 (6.9%) 0.00 99
    2023-09-01 $275,000 (19.8%) $292,560 (8.4%) 0.00 107
    2023-10-01 $267,450 (19.6%) $294,824 (12.9%) 0.00 124
    2023-11-01 $279,950 (19.1%) $322,426 (18.5%) 0.00 122
    2023-12-01 $277,450 (23.3%) $334,022 (29.2%) 0.00 109
    2024-01-01 $285,000 (24.1%) $343,089 (29.4%) 0.00 81
    2024-02-01 $299,000 (22.1%) $366,167 (36.8%) 0.00 64
    2024-03-01 $282,500 (10.3%) $367,231 (34.1%) 0.00 57
    Wooster's median listing price for 2024-03-01 was $282,500, a difference of $26,275 (10.3%) versus the prior year and $-16,500 versus the prior month.

    Wooster's median listing price comes in at 0% of the national average.

    Wooster's average listing price for 2024-03-01 was $367,231, a difference of $93,323 (34.1%) versus the prior year and $1,064 versus the prior month.

    For the 2024-03-01 period, Wooster had 57 MLS listings, a difference of -7 listings (-11%) versus the prior month and -19 listings (-25%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Wooster (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,464 sqft
    2018-02-01 0 days 1,460 sqft
    2018-03-01 0 days 1,456 sqft
    2018-04-01 0 days 1,488 sqft
    2018-05-01 0 days 1,500 sqft
    2018-06-01 0 days 1,528 sqft
    2018-07-01 0 days 1,783 sqft
    2018-08-01 0 days 1,773 sqft
    2018-09-01 0 days 1,822 sqft
    2018-10-01 0 days 1,822 sqft
    2018-11-01 0 days 1,802 sqft
    2018-12-01 0 days 1,864 sqft
    2019-01-01 0 days 1,778 sqft
    2019-02-01 0 days 1,688 sqft
    2019-03-01 0 days 1,697 sqft
    2019-04-01 0 days 1,732 sqft
    2019-05-01 0 days 1,577 sqft
    2019-06-01 0 days 1,670 sqft
    2019-07-01 0 days 1,617 sqft
    2019-08-01 0 days 1,645 sqft
    2019-09-01 0 days 1,685 sqft
    2019-10-01 0 days 1,712 sqft
    2019-11-01 0 days 1,676 sqft
    2019-12-01 0 days 1,672 sqft
    2020-01-01 0 days 1,639 sqft
    2020-02-01 0 days 1,617 sqft
    2020-03-01 0 days 1,626 sqft
    2020-04-01 0 days 1,612 sqft
    2020-05-01 0 days 1,698 sqft
    2020-06-01 0 days 1,695 sqft
    2020-07-01 0 days 1,719 sqft
    2020-08-01 0 days 1,724 sqft
    2020-09-01 0 days 1,750 sqft
    2020-10-01 0 days 1,746 sqft
    2020-11-01 0 days 1,700 sqft
    2020-12-01 0 days 1,712 sqft
    2021-01-01 0 days 1,665 sqft
    2021-02-01 0 days 1,628 sqft
    2021-03-01 0 days 1,615 sqft
    2021-04-01 0 days 1,626 sqft
    2021-05-01 0 days 1,580 sqft
    2021-06-01 0 days 1,592 sqft
    2021-07-01 0 days 1,718 sqft
    2021-08-01 0 days 1,645 sqft
    2021-09-01 0 days 1,718 sqft
    2021-10-01 0 days 1,731 sqft
    2021-11-01 0 days 1,739 sqft
    2021-12-01 0 days 1,675 sqft
    2022-01-01 0 days 1,620 sqft
    2022-02-01 0 days 1,620 sqft
    2022-03-01 0 days 1,713 sqft
    2022-04-01 0 days 1,743 sqft
    2022-05-01 0 days 1,747 sqft
    2022-06-01 0 days 1,867 sqft
    2022-07-01 0 days 1,966 sqft
    2022-08-01 0 days 2,005 sqft
    2022-09-01 0 days 1,809 sqft
    2022-10-01 0 days 1,776 sqft
    2022-11-01 0 days 1,823 sqft
    2022-12-01 0 days 1,672 sqft
    2023-01-01 0 days 1,775 sqft
    2023-02-01 0 days 1,793 sqft
    2023-03-01 0 days 1,967 sqft
    2023-04-01 0 days 1,881 sqft
    2023-05-01 0 days 1,899 sqft
    2023-06-01 0 days 1,891 sqft
    2023-07-01 0 days 2,013 sqft
    2023-08-01 0 days 2,026 sqft
    2023-09-01 0 days 1,942 sqft
    2023-10-01 0 days 1,932 sqft
    2023-11-01 0 days 1,907 sqft
    2023-12-01 0 days 1,884 sqft
    2024-01-01 0 days 1,867 sqft
    2024-02-01 0 days 1,910 sqft
    2024-03-01 0 days 2,011 sqft
    Wooster's median listing age (time on market) for 2024-03-01 was 0 days.

    Wooster's median square footage for active listings during the 2024-03-01 period was 2,011 sqft. One year prior, the average listing was 1,967 sqft.

    Wooster, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 904 $198,540,000 $219,624
    Cash Out Refi 293 $44,005,000 $150,188
    Home Improvement 237 $19,555,000 $82,511
    Refi 234 $35,430,000 $151,410
    Other 197 $17,035,000 $86,472

    Wooster's most frequently cited loan purpose was Home Purchase, with 904 originations. The 2nd most popular reason was Cash Out Refi, with 293 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 592 $113,220,000 $191,250
    7-8% 442 $77,400,000 $175,113
    Over 8% 428 $38,870,000 $90,818
    5-6% 231 $48,965,000 $211,970
    3-4% 19 $1,895,000 $99,737
    4-5% 14 $2,790,000 $199,286
    <2.5% 6 $6,440,000 $1,073,333

    During 2023, Wooster's most frequently originated rate bucket was 6-7%, with 592 originations.

    Loan Sizing (Wooster, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 730 $104,870,000 $143,658
    $100,000 or less 588 $34,790,000 $59,167
    $200k-400k 475 $129,645,000 $272,937
    $400k-600k 55 $25,025,000 $455,000
    $600k-1000k 12 $7,840,000 $653,333
    $Over $1MM 5 $12,395,000 $2,479,000

    Wooster's loan sizing saw the bucket of loans from $100k-200k with 730 originations, totaling $104,870,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 602 $138,270,000 $229,684
    20-40% 335 $31,685,000 $94,582
    60-80% 323 $63,835,000 $197,632
    40-60% 226 $34,520,000 $152,743
    Under 20% 221 $11,335,000 $51,290
    Over 100% 8 $8,060,000 $1,007,500

    Wooster's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 602 originations, totaling $138,270,000 in origination value.