Elizabethtown FHA Loan Rates, Closing Costs & Stats
ELIZABETHTOWN-FORT KNOX, KY
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Elizabethtown's 75 lenders originated 466 FHA loans during 2023. The total origination value was $99,980,000, with an average FHA loan value of $214,549.
Elizabethtown FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Elizabethtown
averaged
-0.16%
for the week of 2024-11-29, compared to the national average (all FHA variants) of
0% for the same period.
Elizabethtown's average FHA mortgage closing costs are $6,271.
The average rate for the prior week (2024-11-22) was
6.23% and
one month ago for the week of 2024-10-25, the
average rate was 6.11%.
The average rate one year ago was 6.8%.
For refis of the same type during the week of 2024-11-29, the average rate
was -0.03%.
Elizabethtown FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Elizabethtown level.
The top Elizabethtown FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
64 FHA loans originated. Their average total fees are
$8,369, which is $683
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Elizabethtown FHA lenders (with over 10 loans originated) are
RUOFF MORTGAGE COMPANY, INC. ($6,203), Prosperity Home Mortgage, LLC ($7,679), PLAZA HOME MORTGAGE, INC. ($8,357), UNITED WHOLESALE MORTGAGE, LLC ($8,369) and SOUTH CENTRAL BANK, INC. ($8,408).
The lowest rate Elizabethtown FHA lenders (with over 10 loans originated) are
PLAZA HOME MORTGAGE, INC. (6.32%), SOUTH CENTRAL BANK, INC. (6.41%), QUICKEN LOANS, LLC (6.43%), PENNYMAC LOAN SERVICES, LLC (6.47%) and Prosperity Home Mortgage, LLC (6.54%).
Elizabethtown FHA Loan Limits
Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
---|---|---|---|---|---|---|
ELIZABETHTOWN-FORT KNOX, KY | HARDIN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
ELIZABETHTOWN-FORT KNOX, KY | LARUE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
ELIZABETHTOWN-FORT KNOX, KY | MEADE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
ELIZABETHTOWN-FORT KNOX, KY | HARDIN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
ELIZABETHTOWN-FORT KNOX, KY | LARUE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
ELIZABETHTOWN-FORT KNOX, KY | MEADE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Elizabethtown (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 | $169,900 (6.3%) | $196,399 (4.7%) | 0.63 | 492 |
2018-02-01 | $171,250 (7.1%) | $202,661 (6.1%) | 0.62 | 460 |
2018-03-01 | $179,900 (9.1%) | $213,770 (9.9%) | 0.63 | 443 |
2018-04-01 | $189,900 (11.8%) | $215,412 (10.0%) | 0.64 | 457 |
2018-05-01 | $190,425 (12.2%) | $217,913 (8.5%) | 0.64 | 460 |
2018-06-01 | $189,900 (11.9%) | $218,138 (6.9%) | 0.63 | 500 |
2018-07-01 | $195,225 (14.9%) | $223,442 (9.4%) | 0.65 | 523 |
2018-08-01 | $199,900 (15.9%) | $221,937 (8.9%) | 0.67 | 539 |
2018-09-01 | $189,700 (11.3%) | $216,531 (9.4%) | 0.64 | 569 |
2018-10-01 | $189,700 (10.5%) | $212,448 (6.7%) | 0.64 | 548 |
2018-11-01 | $194,000 (14.2%) | $213,326 (8.7%) | 0.66 | 544 |
2018-12-01 | $190,000 (11.8%) | $215,657 (9.7%) | 0.66 | 525 |
2019-01-01 | $194,600 (14.5%) | $212,020 (8.0%) | 0.67 | 490 |
2019-02-01 | $189,950 (10.9%) | $211,522 (4.4%) | 0.64 | 492 |
2019-03-01 | $199,857 (11.1%) | $214,714 (0.4%) | 0.65 | 454 |
2019-04-01 | $204,725 (7.8%) | $217,847 (1.1%) | 0.65 | 424 |
2019-05-01 | $212,000 (11.3%) | $228,567 (4.9%) | 0.66 | 431 |
2019-06-01 | $204,900 (7.9%) | $224,340 (2.8%) | 0.64 | 466 |
2019-07-01 | $200,000 (2.5%) | $227,161 (1.7%) | 0.63 | 463 |
2019-08-01 | $204,009 (2.1%) | $229,093 (3.2%) | 0.65 | 477 |
2019-09-01 | $210,023 (10.7%) | $231,407 (6.9%) | 0.67 | 485 |
2019-10-01 | $216,600 (14.2%) | $236,181 (11.2%) | 0.70 | 490 |
2019-11-01 | $215,900 (11.3%) | $238,902 (12.0%) | 0.71 | 480 |
2019-12-01 | $219,450 (15.5%) | $239,631 (11.1%) | 0.73 | 435 |
2020-01-01 | $215,900 (11.0%) | $236,454 (11.5%) | 0.72 | 398 |
2020-02-01 | $219,000 (15.3%) | $233,200 (10.3%) | 0.72 | 368 |
2020-03-01 | $215,000 (7.6%) | $233,968 (9.0%) | 0.67 | 325 |
2020-04-01 | $219,225 (7.1%) | $235,057 (7.9%) | 0.69 | 307 |
2020-05-01 | $232,900 (9.9%) | $244,297 (6.9%) | 0.71 | 245 |
2020-06-01 | $225,650 (10.1%) | $253,222 (12.9%) | 0.66 | 189 |
2020-07-01 | $244,675 (22.3%) | $274,380 (20.8%) | 0.71 | 176 |
2020-08-01 | $242,500 (18.9%) | $272,804 (19.1%) | 0.69 | 172 |
2020-09-01 | $243,475 (15.9%) | $276,153 (19.3%) | 0.70 | 183 |
2020-10-01 | $234,500 (8.3%) | $270,793 (14.7%) | 0.67 | 169 |
2020-11-01 | $199,500 (-7.6%) | $255,648 (7.0%) | 0.58 | 177 |
2020-12-01 | $215,000 (-2.0%) | $260,950 (8.9%) | 0.64 | 193 |
2021-01-01 | $209,900 (-2.8%) | $269,152 (13.8%) | 0.63 | 164 |
2021-02-01 | $223,650 (2.1%) | $274,629 (17.8%) | 0.65 | 138 |
2021-03-01 | $249,900 (16.2%) | $289,733 (23.8%) | 0.71 | 134 |
2021-04-01 | $266,350 (21.5%) | $299,388 (27.4%) | 0.72 | 128 |
2021-05-01 | $239,950 (3.0%) | $289,363 (18.5%) | 0.64 | 125 |
2021-06-01 | $259,900 (15.2%) | $321,375 (26.9%) | 0.68 | 140 |
2021-07-01 | $275,900 (12.8%) | $321,065 (17.0%) | 0.73 | 181 |
2021-08-01 | $275,000 (13.4%) | $305,952 (12.2%) | 0.73 | 211 |
2021-09-01 | $272,475 (11.9%) | $300,438 (8.8%) | 0.73 | 226 |
2021-10-01 | $269,900 (15.1%) | $313,661 (15.8%) | 0.72 | 233 |
2021-11-01 | $273,700 (37.2%) | $307,859 (20.4%) | 0.73 | 233 |
2021-12-01 | $251,225 (16.9%) | $295,863 (13.4%) | 0.68 | 199 |
2022-01-01 | $250,000 (19.1%) | $309,597 (15.0%) | 0.68 | 159 |
2022-02-01 | $269,900 (20.7%) | $318,052 (15.8%) | 0.70 | 142 |
2022-03-01 | $268,000 (7.2%) | $327,020 (12.9%) | 0.67 | 125 |
2022-04-01 | $265,000 (-0.5%) | $299,284 (0.0%) | 0.63 | 119 |
2022-05-01 | $284,900 (18.7%) | $316,573 (9.4%) | 0.65 | 130 |
2022-06-01 | $268,950 (3.5%) | $303,494 (-5.6%) | 0.60 | 202 |
2022-07-01 | $278,000 (0.8%) | $320,605 (-0.1%) | 0.63 | 277 |
2022-08-01 | $299,650 (9.0%) | $318,805 (4.2%) | 0.69 | 303 |
2022-09-01 | $306,050 (12.3%) | $331,420 (10.3%) | 0.72 | 249 |
2022-10-01 | $319,900 (18.5%) | $347,702 (10.9%) | 0.75 | 287 |
2022-11-01 | $308,450 (12.7%) | $341,948 (11.1%) | 0.74 | 321 |
2022-12-01 | $302,500 (20.4%) | $341,399 (15.4%) | 0.75 | 289 |
2023-01-01 | $316,500 (26.6%) | $338,954 (9.5%) | 0.78 | 237 |
2023-02-01 | $316,500 (17.3%) | $342,987 (7.8%) | 0.76 | 226 |
2023-03-01 | $317,500 (18.5%) | $349,755 (7.0%) | 0.75 | 215 |
2023-04-01 | $316,000 (19.3%) | $346,595 (15.8%) | 0.73 | 218 |
2023-05-01 | $315,500 (10.7%) | $341,656 (7.9%) | 0.72 | 204 |
2023-06-01 | $322,200 (19.8%) | $347,889 (14.6%) | 0.72 | 220 |
2023-07-01 | $325,000 (16.9%) | $349,687 (9.1%) | 0.74 | 257 |
2023-08-01 | $323,323 (7.9%) | $350,213 (9.9%) | 0.74 | 277 |
2023-09-01 | $319,900 (4.5%) | $339,104 (2.3%) | 0.74 | 288 |
2023-10-01 | $319,395 (-0.2%) | $344,635 (-0.9%) | 0.75 | 293 |
2023-11-01 | $312,975 (1.5%) | $343,863 (0.6%) | 0.75 | 318 |
2023-12-01 | $315,000 (4.1%) | $346,331 (1.4%) | 0.77 | 314 |
2024-01-01 | $316,250 (-0.1%) | $347,420 (2.5%) | 0.77 | 289 |
2024-02-01 | $318,575 (0.7%) | $356,394 (3.9%) | 0.77 | 283 |
2024-03-01 | $334,900 (5.5%) | $362,963 (3.8%) | 0.79 | 283 |
2024-04-01 | $329,950 (4.4%) | $364,285 (5.1%) | 0.77 | 292 |
2024-05-01 | $329,900 (4.6%) | $363,370 (6.4%) | 0.75 | 313 |
2024-06-01 | $329,900 (2.4%) | $362,807 (4.3%) | 0.74 | 319 |
2024-07-01 | $329,450 (1.4%) | $369,182 (5.6%) | 0.75 | 344 |
2024-08-01 | $326,700 (1.0%) | $372,766 (6.4%) | 0.76 | 381 |
2024-09-01 | $325,957 (1.9%) | $376,324 (11.0%) | 0.77 | 386 |
2024-10-01 | $322,400 (0.9%) | $372,698 (8.1%) | 0.76 | 405 |
Elizabethtown's median listing price comes in at 76% of the national average.
Elizabethtown's average listing price for 2024-10-01 was $372,698, a difference of $28,063 (8.1%) versus the prior year and $-3,626 versus the prior month.
For the 2024-10-01 period, Elizabethtown had 405 MLS listings, a difference of 19 listings (5%) versus the prior month and 112 listings (38%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Elizabethtown (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 82 days | 1,800 sqft |
2018-02-01 | 80 days | 1,838 sqft |
2018-03-01 | 56 days | 1,869 sqft |
2018-04-01 | 55 days | 1,960 sqft |
2018-05-01 | 53 days | 1,987 sqft |
2018-06-01 | 44 days | 2,004 sqft |
2018-07-01 | 46 days | 2,012 sqft |
2018-08-01 | 52 days | 2,014 sqft |
2018-09-01 | 55 days | 1,973 sqft |
2018-10-01 | 65 days | 1,969 sqft |
2018-11-01 | 69 days | 1,985 sqft |
2018-12-01 | 80 days | 1,977 sqft |
2019-01-01 | 80 days | 1,983 sqft |
2019-02-01 | 72 days | 1,993 sqft |
2019-03-01 | 63 days | 2,000 sqft |
2019-04-01 | 54 days | 1,999 sqft |
2019-05-01 | 51 days | 1,987 sqft |
2019-06-01 | 50 days | 1,942 sqft |
2019-07-01 | 53 days | 1,937 sqft |
2019-08-01 | 54 days | 1,983 sqft |
2019-09-01 | 55 days | 2,053 sqft |
2019-10-01 | 56 days | 2,122 sqft |
2019-11-01 | 61 days | 2,125 sqft |
2019-12-01 | 68 days | 2,151 sqft |
2020-01-01 | 80 days | 2,123 sqft |
2020-02-01 | 71 days | 2,127 sqft |
2020-03-01 | 50 days | 1,921 sqft |
2020-04-01 | 50 days | 1,926 sqft |
2020-05-01 | 57 days | 1,968 sqft |
2020-06-01 | 52 days | 2,170 sqft |
2020-07-01 | 40 days | 2,204 sqft |
2020-08-01 | 37 days | 2,160 sqft |
2020-09-01 | 39 days | 2,056 sqft |
2020-10-01 | 38 days | 1,920 sqft |
2020-11-01 | 33 days | 1,835 sqft |
2020-12-01 | 43 days | 1,855 sqft |
2021-01-01 | 54 days | 1,859 sqft |
2021-02-01 | 50 days | 1,870 sqft |
2021-03-01 | 31 days | 1,895 sqft |
2021-04-01 | 30 days | 1,967 sqft |
2021-05-01 | 30 days | 1,945 sqft |
2021-06-01 | 24 days | 1,988 sqft |
2021-07-01 | 24 days | 2,012 sqft |
2021-08-01 | 28 days | 2,062 sqft |
2021-09-01 | 33 days | 2,060 sqft |
2021-10-01 | 39 days | 2,010 sqft |
2021-11-01 | 37 days | 1,923 sqft |
2021-12-01 | 45 days | 1,824 sqft |
2022-01-01 | 58 days | 1,828 sqft |
2022-02-01 | 28 days | 1,833 sqft |
2022-03-01 | 25 days | 1,922 sqft |
2022-04-01 | 24 days | 1,923 sqft |
2022-05-01 | 19 days | 1,987 sqft |
2022-06-01 | 17 days | 1,851 sqft |
2022-07-01 | 29 days | 1,890 sqft |
2022-08-01 | 46 days | 1,894 sqft |
2022-09-01 | 48 days | 1,951 sqft |
2022-10-01 | 42 days | 2,128 sqft |
2022-11-01 | 45 days | 2,069 sqft |
2022-12-01 | 58 days | 2,035 sqft |
2023-01-01 | 67 days | 2,039 sqft |
2023-02-01 | 43 days | 1,922 sqft |
2023-03-01 | 44 days | 2,013 sqft |
2023-04-01 | 36 days | 1,904 sqft |
2023-05-01 | 42 days | 1,823 sqft |
2023-06-01 | 41 days | 1,939 sqft |
2023-07-01 | 36 days | 1,984 sqft |
2023-08-01 | 44 days | 2,004 sqft |
2023-09-01 | 44 days | 1,967 sqft |
2023-10-01 | 46 days | 1,924 sqft |
2023-11-01 | 46 days | 1,923 sqft |
2023-12-01 | 53 days | 1,924 sqft |
2024-01-01 | 67 days | 1,902 sqft |
2024-02-01 | 52 days | 1,934 sqft |
2024-03-01 | 37 days | 1,948 sqft |
2024-04-01 | 40 days | 1,905 sqft |
2024-05-01 | 32 days | 1,916 sqft |
2024-06-01 | 43 days | 1,979 sqft |
2024-07-01 | 41 days | 1,980 sqft |
2024-08-01 | 41 days | 1,978 sqft |
2024-09-01 | 50 days | 2,014 sqft |
2024-10-01 | 54 days | 2,014 sqft |
Elizabethtown's median square footage for active listings during the 2024-10-01 period was 2,014 sqft. One year prior, the average listing was 1,924 sqft.