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 6.65% 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 6.78% and one month ago for the week of 2023-02-09, the average rate was 6.47%.

    Wooster's average rate one year ago was 3.73%.

    For refis of the same type during the week of 2023-03-16, the average rate was 7.35%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Wooster 30 Year Fixed Rate 2023-03-16 6.65%
    Wooster 30 Year Fixed Rate Refi 2023-03-16 7.35%
    Wooster 15 Year Fixed Rate 2023-03-16 6.52%
    Wooster 15 Year Fixed Rate Refi 2023-03-16 6.68%
    Wooster 30 Year FHA 2023-03-16 6.67%
    Wooster 30 Year FHA Refi 2023-03-16 6.5%
    Wooster 30 Year USDA 2023-03-16 6.66%
    Wooster 30 Year USDA Refi 2023-03-16 6.22%
    Wooster 30 Year VA 2023-03-16 6.54%
    Wooster 30 Year VA Refi 2023-03-16 5.67%
    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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    The Farmers National Bank of Canfield 101 4.83% $4,456
    PRIMARY RESIDENTIAL MORTGAGE, INC. 78 5.26% $5,674
    QUICKEN LOANS, LLC 56 5.29% $5,989
    CROSSCOUNTRY MORTGAGE, LLC 52 5.57% $5,921
    The Huntington National Bank 49 4.85% $3,679
    PNC Bank 36 4.80% $3,878
    UNION HOME MORTGAGE CORP. 34 5.04% $4,761
    The Commercial and Savings Bank of Millersburg Ohio 33 4.98% $3,371
    JPMorgan Chase Bank 28 5.44% $3,507
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 25 5.42% $3,938
    Farm Credit Mid-America, ACA 20 5.25% $6,600
    Third Federal Savings and Loan Association of Cleveland 20 4.17% $3,206
    Mr. Cooper ( Nationstar Mortgage ) 18 4.88% $5,671
    The Park National Bank 17 5.05% $3,475
    HOWARD HANNA FINANCIAL SERVICES, INC. 14 5.12% $3,737
    AmeriHome Mortgage Company, LLC 13 6.13% $4,617
    UNITED WHOLESALE MORTGAGE, LLC 13 5.23% $6,014
    TOP FLITE FINANCIAL, INC. 10 4.41% $9,401
    EUSTIS AND AMERICAN MORTGAGE COMPANY 9 5.36% $3,605
    U.S. Bank 8 4.62% $2,875
    LOANDEPOT.COM, LLC 8 4.73% $5,770
    GUARANTEED RATE, INC. 8 5.73% $4,329
    FREEDOM MORTGAGE CORPORATION 7 4.95% $4,811
    Wells Fargo Bank 7 5.00% $3,747
    RUOFF MORTGAGE COMPANY, INC. 6 6.10% $5,824
    First Federal Bank of the Midwest 6 5.15% $3,547
    Westfield Bank, FSB 5 4.68% $3,689
    RELIANCE FIRST CAPITAL, LLC 5 5.13% $7,333
    Citizens Bank 4 4.16% $3,643
    Independent Bank 4 3.94% $3,201
    Nations Lending Corporation 4 6.31% $6,616
    FIRST OHIO HOME FINANCE, INC. 3 6.33% $5,065
    Amerifirst Financial, Inc. 3 6.50% $8,503
    AMERISAVE MORTGAGE CORPORATION 3 3.42% $7,139
    Fifth Third Bank 3 4.25% $5,398
    Flagstar Bank, FSB 3 4.67% $3,718
    KeyBank 3 4.32% $3,010
    LIBERTY HOME MORTGAGE CORPORATION 3 5.83% $7,615
    Mortgage Research Center, LLC 3 5.62% $4,311
    PENTAGON FEDERAL CREDIT UNION 3 3.79% $1,668
    RAPID MORTGAGE COMPANY 3 4.46% $5,800
    ROYAL UNITED MORTGAGE LLC 3 5.04% $8,279
    YOUR HOME FINANCIAL LLC 3 7.13% $5,311
    First Commonwealth Bank 2 5.31% $3,225
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 4.37% $7,039
    EVERENCE FEDERAL CREDIT UNION 2 4.56% $1,827
    HOME POINT FINANCIAL CORPORATION 2 4.62% $8,154
    Directions Credit Union, Inc. 2 5.25% $1,902
    LAKEVIEW LOAN SERVICING, LLC 2 4.19% $5,056
    Ally Bank 2 4.63% $2,095
    MYCUMORTGAGE, LLC 2 4.69% $3,793
    NATIONWIDE MORTGAGE BANKERS, INC. 2 5.63% $5,780
    NEWREZ LLC 2 4.99% $3,216
    PENNYMAC LOAN SERVICES, LLC 2 4.25% $9,585
    Cf Bank 2 4.13% $2,642
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.63% $4,701
    Carrington Mortgage Services, LLC 2 5.00% $6,040
    ZILLOW HOME LOANS, LLC 2 5.88% $3,718
    BROKER SOLUTIONS, INC. 2 6.56% $6,869
    Bank of America 2 4.44% $3,012
    AMERICAN PACIFIC MORTGAGE CORPORATION 2 4.88% $5,700
    USAA Federal Savings Bank 2 4.88% $5,497
    First National Bank of Pennsylvania 2 4.94% $4,023
    ALLIANT CREDIT UNION 1 2.75% $2,498
    NAVY FEDERAL CREDIT UNION 1 5.50% $2,560
    Union Savings Bank 1 3.75% $4,580
    NexBank 1 4.25% $5,118
    North American Savings Bank, F.S.B. 1 4.50% $4,815
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 3.75% $3,885
    WEST PENN FINANCIAL SERVICE CENTER, INC. 1 6.00% $2,673
    Peoples Bank 1 5.88% $1,983
    PHH Mortgage Corporation 1 5.00% $3,327
    CHURCHILL MORTGAGE CORPORATION 1 7.13% $3,392
    POLARIS HOME FUNDING CORP. 1 6.00% $9,744
    American Midwest Mortgage Corporation 1 3.38% $4,249
    First Federal Bank 1 5.38% $4,803
    Centennial Bank 1 4.00% $4,812
    Quontic Bank 1 6.00% $5,686
    WRIGHT-PATT CREDIT UNION, INC. 1 6.88% $3,509
    Regions Bank 1 3.38% $4,556
    First Federal Savings and Loan Association of Lakewood 1 4.52% $3,917
    Republic State Mortgage Co. 1 6.50% $4,825
    RESIDENTIAL BANCORP. 1 3.75% $7,220
    First Financial Bank 1 6.38% $3,004
    First Home Bank 1 4.12% $2,935
    SIRVA MORTGAGE, INC. 1 4.88% $5,972
    S&T Bank 1 3.88% $3,592
    T2 FINANCIAL LLC 1 5.13% $6,390
    BETTER MORTGAGE CORPORATION 1 4.75% $12,280
    THE EQUITABLE MORTGAGE CORPORATION 1 5.50% $2,727
    Bank of England 1 5.50% $7,169
    HOMESIDE FINANCIAL, LLC 1 5.50% $3,967
    HOMESPIRE MORTGAGE CORPORATION 1 5.88% $3,367
    EASTMAN 1 3.25% $4,220
    Dollar Bank, Federal Savings Bank 1 5.00% $4,868
    GENEVA FINANCIAL, LLC 1 5.88% $4,267
    KELLER MORTGAGE, LLC 1 5.25% $2,520
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 3.25% $2,377
    Atlantic Union Bank 1 6.13% $5,763
    Arvest Bank 1 4.88% $5,383
    Community One Credit Union of Ohio, Inc 1 5.25% $6,647
    Mid Penn Bank 1 5.50% $5,529
    ALLIED MORTGAGE GROUP, INC. 1 6.13% $1,787
    CMG MORTGAGE, INC. 1 6.88% $4,120
    MUTUAL OF OMAHA MORTGAGE, INC. 1 3.50% $3,465
    AMERIFIRST FINANCIAL CORPORATION 1 5.88% $7,936
    CINFED Federal Credit Union 1 4.63% $1,132

    Wooster Average Closing Costs & Other Stats

    Wooster, OH's 107 lenders originated 2,584 loans during 2022. The total origination value was $445,330,000, with an average loan value of $172,341.

    Wooster's average closing costs are $4,569.

    The top Wooster lender as defined by loan originations is The Farmers National Bank of Canfield, with 101 loans originated. Their average total fees are $4,456, which is $1,218 lower than the next largest lender, PRIMARY RESIDENTIAL MORTGAGE, INC..

    The lowest fee Wooster lenders (with over 10 loans originated) are Third Federal Savings and Loan Association of Cleveland ($3,206), The Commercial and Savings Bank of Millersburg Ohio ($3,371), The Park National Bank ($3,475), JPMorgan Chase Bank ($3,507) and The Huntington National Bank ($3,679).

    The lowest rate Wooster lenders (with over 10 loans originated) are Third Federal Savings and Loan Association of Cleveland (4.17%), TOP FLITE FINANCIAL, INC. (4.41%), PNC Bank (4.80%), The Farmers National Bank of Canfield (4.83%) and The Huntington National Bank (4.85%).

    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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    The Farmers National Bank of Canfield $63,700,000 $49,610,000 -22.1% 11.1%
    The Huntington National Bank $54,500,000 $41,045,000 -24.7% 9.2%
    Wayne Savings Community Bank $27,085,000 $30,895,000 14.1% 6.9%
    PNC Bank $36,440,000 $28,850,000 -20.8% 6.5%
    QUICKEN LOANS, LLC $60,100,000 $26,610,000 -55.7% 6.0%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $36,970,000 $25,910,000 -29.9% 5.8%
    CROSSCOUNTRY MORTGAGE, LLC $21,510,000 $20,375,000 -5.3% 4.6%
    The Commercial and Savings Bank of Millersburg Ohio $27,280,000 $12,345,000 -54.7% 2.8%
    UNION HOME MORTGAGE CORP. $16,405,000 $10,440,000 -36.4% 2.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $13,085,000 $10,275,000 -21.5% 2.3%
    The Apple Creek Banking Company $14,115,000 $9,895,000 -29.9% 2.2%
    Farm Credit Mid-America, ACA $8,975,000 $8,580,000 -4.4% 1.9%
    Third Federal Savings and Loan Association of Cleveland $7,475,000 $7,985,000 6.8% 1.8%
    JPMorgan Chase Bank $10,850,000 $6,835,000 -37.0% 1.5%
    BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $4,830,000 $6,305,000 30.5% 1.4%
    Mr. Cooper ( Nationstar Mortgage ) $4,405,000 $6,155,000 39.7% 1.4%
    First Federal Bank of the Midwest $7,210,000 $5,960,000 -17.3% 1.3%
    The Park National Bank $11,910,000 $5,545,000 -53.4% 1.2%
    LOANDEPOT.COM, LLC $6,555,000 $5,345,000 -18.5% 1.2%
    UNITED WHOLESALE MORTGAGE, LLC $3,825,000 $5,330,000 39.3% 1.2%
    LIMA ONE CAPITAL, LLC $4,785,000 n/a 1.1%
    GUARANTEED RATE, INC. $1,870,000 $4,695,000 151.1% 1.1%
    Westfield Bank, FSB $3,845,000 $4,665,000 21.3% 1.0%
    FREEDOM MORTGAGE CORPORATION $10,195,000 $4,400,000 -56.8% 1.0%
    U.S. Bank $5,435,000 $4,290,000 -21.1% 1.0%
    TOP FLITE FINANCIAL, INC. $4,160,000 $4,280,000 2.9% 1.0%
    HOWARD HANNA FINANCIAL SERVICES, INC. $8,245,000 $4,185,000 -49.2% 0.9%
    First Commonwealth Bank $2,660,000 $4,165,000 56.6% 0.9%
    Citizens Bank $5,500,000 $4,035,000 -26.6% 0.9%
    Mortgage Research Center, LLC $4,540,000 $3,680,000 -18.9% 0.8%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $305,000 $2,715,000 790.2% 0.6%
    AmeriHome Mortgage Company, LLC $345,000 $2,635,000 663.8% 0.6%
    Flagstar Bank, FSB $9,240,000 $2,585,000 -72.0% 0.6%
    Wells Fargo Bank $5,805,000 $2,560,000 -55.9% 0.6%
    EVERENCE FEDERAL CREDIT UNION $925,000 $2,340,000 153.0% 0.5%
    AMERISAVE MORTGAGE CORPORATION $3,850,000 $2,180,000 -43.4% 0.5%
    ORIX REAL ESTATE CAPITAL, LLC $2,015,000 n/a 0.5%
    Fifth Third Bank $4,360,000 $1,975,000 -54.7% 0.4%
    LIBERTY HOME MORTGAGE CORPORATION $2,370,000 $1,875,000 -20.9% 0.4%
    Nations Lending Corporation $1,720,000 $1,820,000 5.8% 0.4%
    NATIONWIDE MORTGAGE BANKERS, INC. $2,695,000 $1,730,000 -35.8% 0.4%
    PENNYMAC LOAN SERVICES, LLC $8,665,000 $1,690,000 -80.5% 0.4%
    RUOFF MORTGAGE COMPANY, INC. $2,465,000 $1,540,000 -37.5% 0.3%
    RELIANCE FIRST CAPITAL, LLC $980,000 $1,400,000 42.9% 0.3%
    FIRST OHIO HOME FINANCE, INC. $700,000 $1,255,000 79.3% 0.3%
    USAA Federal Savings Bank $1,865,000 $1,210,000 -35.1% 0.3%
    Directions Credit Union, Inc. $2,140,000 $1,190,000 -44.4% 0.3%
    NEW DAY FINANCIAL, LLC $1,675,000 $1,145,000 -31.6% 0.3%
    First National Bank of Pennsylvania $1,970,000 $1,110,000 -43.7% 0.2%
    NAVY FEDERAL CREDIT UNION $1,585,000 $1,095,000 -30.9% 0.2%
    Independent Bank $3,495,000 $970,000 -72.2% 0.2%
    Cf Bank $700,000 $885,000 26.4% 0.2%
    PENTAGON FEDERAL CREDIT UNION $200,000 $855,000 327.5% 0.2%
    YOUR HOME FINANCIAL LLC $2,805,000 $830,000 -70.4% 0.2%
    First Merchants Bank $775,000 n/a 0.2%
    HOMESIDE FINANCIAL, LLC $2,995,000 $760,000 -74.6% 0.2%
    NEWREZ LLC $3,620,000 $720,000 -80.1% 0.2%
    Amerifirst Financial, Inc. $705,000 n/a 0.2%
    HOME POINT FINANCIAL CORPORATION $2,850,000 $705,000 -75.3% 0.2%
    CHURCHILL MORTGAGE CORPORATION $375,000 $695,000 85.3% 0.2%
    T2 FINANCIAL LLC $1,555,000 $685,000 -55.9% 0.2%
    ZILLOW HOME LOANS, LLC $305,000 $685,000 124.6% 0.2%
    Ally Bank $1,345,000 $660,000 -50.9% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,315,000 $645,000 -51.0% 0.1%
    Carrington Mortgage Services, LLC $1,395,000 $640,000 -54.1% 0.1%
    Dollar Bank, Federal Savings Bank $520,000 $640,000 23.1% 0.1%
    KeyBank $3,165,000 $640,000 -79.8% 0.1%
    AMERICAN FINANCING CORPORATION $1,170,000 $620,000 -47.0% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $300,000 $595,000 98.3% 0.1%
    RAPID MORTGAGE COMPANY $370,000 $595,000 60.8% 0.1%
    The Federal Savings Bank $1,245,000 $590,000 -52.6% 0.1%
    EASTMAN $205,000 $585,000 185.4% 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,160,000 $565,000 -73.8% 0.1%
    MYCUMORTGAGE, LLC $230,000 $535,000 132.6% 0.1%
    Morgan Stanley Private Bank $515,000 n/a 0.1%
    PHH Mortgage Corporation $155,000 $500,000 222.6% 0.1%
    Bank of America $445,000 $495,000 11.2% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $1,425,000 $495,000 -65.3% 0.1%
    ROYAL UNITED MORTGAGE LLC $1,130,000 $490,000 -56.6% 0.1%
    GENEVA FINANCIAL, LLC $480,000 n/a 0.1%
    S&T Bank $300,000 $480,000 60.0% 0.1%
    ALLIANT CREDIT UNION $470,000 n/a 0.1%
    Union Savings Bank $975,000 $470,000 -51.8% 0.1%
    Discover Bank $685,000 $455,000 -33.6% 0.1%
    SUPERIOR FINANCIAL SOLUTIONS, LLC $445,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $2,205,000 $430,000 -80.5% 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $415,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $1,760,000 $405,000 -77.0% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $640,000 $405,000 -36.7% 0.1%
    Northpointe Bank $155,000 $405,000 161.3% 0.1%
    AMERIFIRST FINANCIAL CORPORATION $1,095,000 $400,000 -63.5% 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $250,000 $390,000 56.0% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $375,000 n/a 0.1%
    Northwest Bank $365,000 n/a 0.1%
    21ST MORTGAGE CORPORATION $420,000 $355,000 -15.5% 0.1%
    CIVIC FINANCIAL SERVICES, LLC $355,000 n/a 0.1%
    Figure Lending LLC $185,000 $355,000 91.9% 0.1%
    BROKER SOLUTIONS, INC. $1,425,000 $350,000 -75.4% 0.1%
    KELLER MORTGAGE, LLC $575,000 $345,000 -40.0% 0.1%
    PLANET HOME LENDING, LLC $335,000 n/a 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $745,000 $330,000 -55.7% 0.1%
    Lend Smart Mortgage, LLC $325,000 n/a 0.1%
    ALLIED MORTGAGE GROUP, INC. $320,000 n/a 0.1%
    EVERETT FINANCIAL, INC. $315,000 n/a 0.1%
    M&T Bank $450,000 $315,000 -30.0% 0.1%
    First Federal Savings and Loan Association of Lakewood $5,225,000 $310,000 -94.1% 0.1%
    WEST PENN FINANCIAL SERVICE CENTER, INC. $350,000 $300,000 -14.3% 0.1%
    BETTER MORTGAGE CORPORATION $4,680,000 $285,000 -93.9% 0.1%
    Arvest Bank $280,000 n/a 0.1%
    1ST SIGNATURE LENDING, LLC $275,000 n/a 0.1%
    SIRVA MORTGAGE, INC. $125,000 $275,000 120.0% 0.1%
    NFM, INC. $1,180,000 $270,000 -77.1% 0.1%
    Low VA Rates, LLC $215,000 $265,000 23.3% 0.1%
    Regions Bank $305,000 $265,000 -13.1% 0.1%
    CINFED Federal Credit Union $255,000 n/a 0.1%
    Mid-Continent Funding, Inc. $255,000 n/a 0.1%
    MIDLAND MORTGAGE CORPORATION $255,000 n/a 0.1%
    AMCAP MORTGAGE, LTD. $365,000 $225,000 -38.4% 0.1%
    AMERICAN ADVISORS GROUP $75,000 $225,000 200.0% 0.1%
    American Midwest Mortgage Corporation $1,335,000 $225,000 -83.1% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $225,000 n/a 0.1%
    First Federal Bank $3,575,000 $225,000 -93.7% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $490,000 $225,000 -54.1% 0.1%
    LENDINGHOME FUNDING CORPORATION $220,000 n/a 0.0%
    Seven Seventeen Credit Union $45,000 $220,000 388.9% 0.0%
    First Financial Bank $205,000 $215,000 4.9% 0.0%
    TOWNE MORTGAGE COMPANY $215,000 n/a 0.0%
    Truist $370,000 $215,000 -41.9% 0.0%
    CMG MORTGAGE, INC. $710,000 $205,000 -71.1% 0.0%
    NexBank $205,000 n/a 0.0%
    North American Savings Bank, F.S.B. $205,000 n/a 0.0%
    Quontic Bank $205,000 n/a 0.0%
    Wyndham Capital Mortgage, Inc. $85,000 $205,000 141.2% 0.0%
    Bank of England $445,000 $195,000 -56.2% 0.0%
    GUILD MORTGAGE COMPANY $360,000 $195,000 -45.8% 0.0%
    Mid Penn Bank $195,000 n/a 0.0%
    RESIDENTIAL BANCORP. $655,000 $195,000 -70.2% 0.0%
    VILLAGE CAPITAL MORTGAGE $2,105,000 $185,000 -91.2% 0.0%
    HOMESPIRE MORTGAGE CORPORATION $175,000 n/a 0.0%
    Community One Credit Union of Ohio, Inc $170,000 n/a 0.0%
    Atlantic Union Bank $165,000 n/a 0.0%
    LONGBRIDGE FINANCIAL, LLC $155,000 n/a 0.0%
    OPEN MORTGAGE, LLC $155,000 n/a 0.0%
    Portage Community Bank $460,000 $145,000 -68.5% 0.0%
    Peoples Bank $430,000 $140,000 -67.4% 0.0%
    SPRING EQ, LLC $215,000 $140,000 -34.9% 0.0%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $115,000 $135,000 17.4% 0.0%
    Centennial Bank $125,000 n/a 0.0%
    ON Q FINANCIAL, INC. $125,000 n/a 0.0%
    Unified Bank $125,000 n/a 0.0%
    Deere Employees Credit Union $120,000 n/a 0.0%
    AMERICAN FINANCIAL RESOURCES, INC. $175,000 $115,000 -34.3% 0.0%
    First Federal Bank of Ohio $115,000 n/a 0.0%
    Pathways Financial Credit Union, Inc. $115,000 n/a 0.0%
    WRIGHT-PATT CREDIT UNION, INC. $65,000 $115,000 76.9% 0.0%
    ABSOLUTE HOME MORTGAGE CORPORATION $105,000 n/a 0.0%
    Republic State Mortgage Co. $320,000 $105,000 -67.2% 0.0%
    The Farmers & Merchants State Bank $105,000 n/a 0.0%
    Truliant Federal Credit Union $105,000 n/a 0.0%
    INTERCAP LENDING INC. $95,000 n/a 0.0%
    LEADERONE FINANCIAL CORPORATION $95,000 n/a 0.0%
    Citibank $205,000 $85,000 -58.5% 0.0%
    First Home Bank $85,000 n/a 0.0%
    THE EQUITABLE MORTGAGE CORPORATION $85,000 n/a 0.0%
    CANTON SCHOOL EMPLOYEES $225,000 $60,000 -73.3% 0.0%
    Lakeview Community Capital, LLC $55,000 n/a 0.0%
    STARK FEDERAL CREDIT UNION $55,000 n/a 0.0%
    WINGS FINANCIAL $55,000 n/a 0.0%
    KEMBA FINANCIAL $45,000 n/a 0.0%
    Civista Bank $1,110,000 $40,000 -96.4% 0.0%
    GREENSTATE CREDIT UNION $35,000 n/a 0.0%
    CHERRY CREEK MORTGAGE, LLC $25,000 n/a 0.0%
    BRIDGE $15,000 n/a 0.0%

    Wooster's top lender by overall market share is The Farmers National Bank of Canfield, with 11.1% market share. In second place, with 9.2%, is The Huntington National Bank, having originated $41,045,000 in loans. In third place, with 6.9%, is Wayne Savings Community Bank, having originated $30,895,000 in loans. In fourth place, with 6.5%, is PNC Bank, having originated $28,850,000 in loans. In fifth place, with 6.0%, is QUICKEN LOANS, LLC, having originated $26,610,000 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%) $204,106 (18.6%) 0.00 156
    2018-02-01 $162,225 (20.2%) $210,890 (15.2%) 0.00 149
    2018-03-01 $159,950 (16.3%) $221,314 (17.3%) 0.00 155
    2018-04-01 $163,200 (16.6%) $215,019 (15.2%) 0.00 153
    2018-05-01 $159,900 (13.8%) $212,964 (15.9%) 0.00 169
    2018-06-01 $166,250 (16.3%) $221,909 (19.9%) 0.00 183
    2018-07-01 $164,925 (17.9%) $225,298 (23.6%) 0.00 186
    2018-08-01 $166,250 (10.9%) $216,115 (13.2%) 0.00 223
    2018-09-01 $165,000 (10.8%) $213,940 (10.7%) 0.00 214
    2018-10-01 $168,200 (13.6%) $214,028 (10.3%) 0.00 217
    2018-11-01 $172,400 (9.5%) $214,398 (9.2%) 0.00 208
    2018-12-01 $179,900 (14.1%) $223,546 (15.0%) 0.00 191
    2019-01-01 $179,900 (10.5%) $226,544 (11.0%) 0.00 171
    2019-02-01 $179,900 (10.9%) $230,964 (9.5%) 0.00 149
    2019-03-01 $192,515 (20.4%) $237,421 (7.3%) 0.00 145
    2019-04-01 $207,232 (27.0%) $241,442 (12.3%) 0.00 142
    2019-05-01 $175,000 (9.4%) $219,350 (3.0%) 0.00 152
    2019-06-01 $184,950 (11.3%) $234,367 (5.6%) 0.00 157
    2019-07-01 $180,250 (9.3%) $231,681 (2.8%) 0.00 173
    2019-08-01 $185,318 (11.5%) $228,965 (6.0%) 0.00 177
    2019-09-01 $179,795 (9.0%) $221,190 (3.4%) 0.00 175
    2019-10-01 $176,114 (4.7%) $214,846 (0.4%) 0.00 174
    2019-11-01 $175,500 (1.8%) $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 (-16.1%) $206,598 (-13.0%) 0.00 126
    2020-04-01 $167,400 (-19.2%) $207,756 (-14.0%) 0.00 110
    2020-05-01 $162,900 (-6.9%) $208,617 (-4.9%) 0.00 95
    2020-06-01 $186,450 (0.8%) $232,195 (-0.9%) 0.00 97
    2020-07-01 $202,650 (12.4%) $235,890 (1.8%) 0.00 98
    2020-08-01 $205,450 (10.9%) $230,520 (0.7%) 0.00 101
    2020-09-01 $208,900 (16.2%) $245,567 (11.0%) 0.00 117
    2020-10-01 $190,000 (7.9%) $235,338 (9.5%) 0.00 109
    2020-11-01 $184,050 (4.9%) $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 (7.3%) $233,334 (0.5%) 0.00 66
    2021-07-01 $215,000 (6.1%) $277,038 (17.4%) 0.00 82
    2021-08-01 $197,225 (-4.0%) $266,286 (15.5%) 0.00 82
    2021-09-01 $193,450 (-7.4%) $277,942 (13.2%) 0.00 73
    2021-10-01 $199,900 (5.2%) $270,703 (15.0%) 0.00 80
    2021-11-01 $199,000 (8.1%) $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
    Wooster's median listing price for 2023-02-01 was $244,950, a difference of $20,950 (9.4%) versus the prior year and $15,350 versus the prior month.

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

    Wooster's average listing price for 2023-02-01 was $267,582, a difference of $2,635 (1.0%) versus the prior year and $2,393 versus the prior month.

    For the 2023-02-01 period, Wooster had 73 MLS listings, a difference of 2 listings (3%) versus the prior month and 21 listings (40%) 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 1,492 sqft
    2018-05-01 0 days 1,503 sqft
    2018-06-01 0 days 1,536 sqft
    2018-07-01 0 days 1,786 sqft
    2018-08-01 0 days 1,780 sqft
    2018-09-01 0 days 1,825 sqft
    2018-10-01 0 days 1,835 sqft
    2018-11-01 0 days 1,809 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 1,691 sqft
    2019-04-01 0 days 1,720 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 1,644 sqft
    2019-09-01 0 days 1,682 sqft
    2019-10-01 0 days 1,707 sqft
    2019-11-01 0 days 1,678 sqft
    2019-12-01 0 days 1,676 sqft
    2020-01-01 0 days 1,641 sqft
    2020-02-01 0 days 1,617 sqft
    2020-03-01 0 days 1,625 sqft
    2020-04-01 0 days 1,612 sqft
    2020-05-01 0 days 1,698 sqft
    2020-06-01 0 days 1,698 sqft
    2020-07-01 0 days 1,715 sqft
    2020-08-01 0 days 1,724 sqft
    2020-09-01 0 days 1,757 sqft
    2020-10-01 0 days 1,746 sqft
    2020-11-01 0 days 1,698 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 1,587 sqft
    2021-07-01 0 days 1,718 sqft
    2021-08-01 0 days 1,644 sqft
    2021-09-01 0 days 1,703 sqft
    2021-10-01 0 days 1,721 sqft
    2021-11-01 0 days 1,752 sqft
    2021-12-01 0 days 1,676 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 1,773 sqft
    2022-11-01 0 days 1,815 sqft
    2022-12-01 0 days 1,668 sqft
    2023-01-01 0 days 1,775 sqft
    2023-02-01 0 days 1,793 sqft
    Wooster's median listing age (time on market) for 2023-02-01 was 0 days.

    Wooster's median square footage for active listings during the 2023-02-01 period was 1,793 sqft. One year prior, the average listing was 1,620 sqft.

    Wooster, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,140 $244,850,000 $214,781
    Cash Out Refi 498 $91,500,000 $183,735
    Refi 416 $61,330,000 $147,428
    Home Improvement 341 $31,865,000 $93,446
    Other 189 $15,785,000 $83,519

    Wooster's most frequently cited loan purpose was Home Purchase, with 1,140 originations. The 2nd most popular reason was Cash Out Refi, with 498 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 586 $100,850,000 $172,099
    3-4% 556 $93,330,000 $167,860
    4-5% 475 $88,385,000 $186,074
    6-7% 341 $52,265,000 $153,270
    2.5-3% 137 $21,995,000 $160,547
    7-8% 121 $15,985,000 $132,107
    Over 8% 98 $9,900,000 $101,020
    <2.5% 90 $15,010,000 $166,778

    During 2022, Wooster's most frequently originated rate bucket was 5-6%, with 586 originations.

    Loan Sizing (Wooster, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 1,084 $158,770,000 $146,467
    $100,000 or less 748 $46,220,000 $61,791
    $200k-400k 650 $172,540,000 $265,446
    $400k-600k 81 $38,185,000 $471,420
    $600k-1000k 15 $11,405,000 $760,333
    $Over $1MM 6 $18,210,000 $3,035,000

    Wooster's loan sizing saw the bucket of loans from $100k-200k with 1,084 originations, totaling $158,770,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 836 $176,600,000 $211,244
    60-80% 598 $118,370,000 $197,943
    40-60% 353 $53,085,000 $150,382
    20-40% 351 $32,055,000 $91,325
    Under 20% 239 $11,055,000 $46,255
    Over 100% 11 $4,255,000 $386,818

    Wooster's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 836 originations, totaling $176,600,000 in origination value.