BLOOMINGTON Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Bloomington averaged
6.62%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.73% and
one month ago for the week of 2024-10-10, the
average rate was 6.16%.
Bloomington's average rate one year ago was 7.44%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.28%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| Bloomington 30 Year Fixed Rate | 2024-11-14 | 6.62% |
| Bloomington 30 Year Fixed Rate Refi | 2024-11-14 | 7.28% |
| Bloomington 15 Year Fixed Rate | 2024-11-14 | 6.08% |
| Bloomington 15 Year Fixed Rate Refi | 2024-11-14 | 6.59% |
| Bloomington 30 Year FHA | 2024-11-14 | 0.28% |
| Bloomington 30 Year FHA Refi | 2024-11-14 | -0.1% |
| Bloomington 30 Year USDA | 2024-11-14 | -0.1% |
| Bloomington 30 Year USDA Refi | 2024-11-14 | -0.1% |
| Bloomington 30 Year VA | 2024-11-14 | -0.12% |
| Bloomington 30 Year VA Refi | 2024-11-14 | 0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BLOOMINGTON, IN.
BLOOMINGTON 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 BLOOMINGTON, IN 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.).
BLOOMINGTON Average Closing Costs & Other Stats
BLOOMINGTON, IN's 128 lenders originated 2,821
loans during 2023. The total origination value was $862,365,000, with an average loan value of
$305,695.
BLOOMINGTON's average closing costs are $3,589.
The top BLOOMINGTON lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
188 loans originated. Their average total fees are
$2,728, which is $695
higher than the next largest lender,
INDIANA UNIVERSITY CREDIT UNION.
The lowest fee BLOOMINGTON lenders (with over 10 loans originated) are
CRANE ($1,671), INDIANA UNIVERSITY CREDIT UNION ($2,033), Union Savings Bank ($2,438), Baxter Credit Union ($2,545) and German American Bank ($2,708).
The lowest rate BLOOMINGTON lenders (with over 10 loans originated) are
Jackson County Bank (5.91%), THRIVE MORTGAGE, LLC (6.26%), INDIANA UNIVERSITY CREDIT UNION (6.32%), Baxter Credit Union (6.42%) and Elements Financial Federal Credit Union (6.43%).
BLOOMINGTON, IN 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 |
|---|---|---|---|---|
| INDIANA UNIVERSITY CREDIT UNION | $127,705,000 | $110,355,000 | -13.6% | 12.8% |
| Lake City Bank | $225,000 | $77,885,000 | 34,515.6% | 9.0% |
| RUOFF MORTGAGE COMPANY, INC. | $115,730,000 | $71,835,000 | -37.9% | 8.3% |
| Arbor Realty Trust, Inc. | $65,005,000 | n/a | 7.5% | |
| German American Bank | $51,745,000 | $42,310,000 | -18.2% | 4.9% |
| Old National Bank | $43,980,000 | $30,995,000 | -29.5% | 3.6% |
| M&T Realty Capital Corporation | $25,930,000 | n/a | 3.0% | |
| The Peoples State Bank | $32,245,000 | $23,775,000 | -26.3% | 2.8% |
| QUICKEN LOANS, LLC | $45,325,000 | $20,625,000 | -54.5% | 2.4% |
| Merchants Bank of Indiana | $16,095,000 | $20,220,000 | 25.6% | 2.3% |
| WALKER & DUNLOP, LLC | $52,220,000 | $20,005,000 | -61.7% | 2.3% |
| Owen County State Bank | $15,895,000 | $14,445,000 | -9.1% | 1.7% |
| First Financial Bank | $12,120,000 | $13,700,000 | 13.0% | 1.6% |
| Merchants Capital Corp. | $13,600,000 | n/a | 1.6% | |
| UNITED WHOLESALE MORTGAGE, LLC | $7,835,000 | $12,065,000 | 54.0% | 1.4% |
| FAIR WAY LENDING LLC | $21,070,000 | $11,925,000 | -43.4% | 1.4% |
| JPMorgan Chase Bank | $19,555,000 | $11,890,000 | -39.2% | 1.4% |
| GREYSTONE SERVICING COMPANY LLC | $11,365,000 | n/a | 1.3% | |
| THRIVE MORTGAGE, LLC | $855,000 | $10,485,000 | 1,126.3% | 1.2% |
| Jackson County Bank | $9,405,000 | $10,065,000 | 7.0% | 1.2% |
| Fifth Third Bank | $19,830,000 | $8,555,000 | -56.9% | 1.0% |
| MILESTONE HOME LENDING, LLC | $7,990,000 | $8,315,000 | 4.1% | 1.0% |
| Mortgage Research Center, LLC | $9,905,000 | $7,550,000 | -23.8% | 0.9% |
| First Financial Bank | $12,120,000 | $6,830,000 | -43.6% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $7,250,000 | $6,675,000 | -7.9% | 0.8% |
| CRANE | $9,915,000 | $6,635,000 | -33.1% | 0.8% |
| Union Savings Bank | $7,830,000 | $6,560,000 | -16.2% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,260,000 | $6,355,000 | 1.5% | 0.7% |
| The Federal Savings Bank | $5,955,000 | $6,260,000 | 5.1% | 0.7% |
| GVC MORTGAGE, INC. | $10,805,000 | $5,790,000 | -46.4% | 0.7% |
| Elements Financial Federal Credit Union | $6,735,000 | $5,350,000 | -20.6% | 0.6% |
| Regions Bank | $7,265,000 | $4,815,000 | -33.7% | 0.6% |
| Wells Fargo Bank | $4,325,000 | $4,575,000 | 5.8% | 0.5% |
| Farm Credit Mid-America, ACA | $5,185,000 | $4,430,000 | -14.6% | 0.5% |
| The Huntington National Bank | $8,260,000 | $3,965,000 | -52.0% | 0.5% |
| Baxter Credit Union | $9,350,000 | $3,790,000 | -59.5% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $8,210,000 | $3,440,000 | -58.1% | 0.4% |
| HALLMARK HOME MORTGAGE, LLC | $9,285,000 | $3,350,000 | -63.9% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,895,000 | $3,320,000 | -32.2% | 0.4% |
| MORTGAGE MASTERS OF INDIANA, INC. | $6,890,000 | $3,255,000 | -52.8% | 0.4% |
| Northpointe Bank | $2,560,000 | $3,040,000 | 18.8% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $420,000 | $3,030,000 | 621.4% | 0.4% |
| CALIBER HOME LOANS, INC. | $9,525,000 | $2,790,000 | -70.7% | 0.3% |
| STOCKTON MORTGAGE CORPORATION | $155,000 | $2,665,000 | 1,619.4% | 0.3% |
| KeyBank | $1,995,000 | $2,635,000 | 32.1% | 0.3% |
| FIRST COMMUNITY MORTGAGE, INC. | $280,000 | $2,575,000 | 819.6% | 0.3% |
| USAA Federal Savings Bank | $3,135,000 | $2,470,000 | -21.2% | 0.3% |
| INDIANA MEMBERS CREDIT UNION | $2,060,000 | $2,325,000 | 12.9% | 0.3% |
| TEACHERS CREDIT UNION | $1,265,000 | $2,295,000 | 81.4% | 0.3% |
| MJW Financial LLC | $2,430,000 | $2,245,000 | -7.6% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $4,600,000 | $2,235,000 | -51.4% | 0.3% |
| The National Bank of Indianapolis | $2,085,000 | $2,225,000 | 6.7% | 0.3% |
| U.S. Bank | $6,065,000 | $2,145,000 | -64.6% | 0.2% |
| Bank of America | $2,470,000 | $2,110,000 | -14.6% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,570,000 | $2,080,000 | 32.5% | 0.2% |
| Morgan Stanley Private Bank | $705,000 | $2,075,000 | 194.3% | 0.2% |
| FLAT BRANCH MORTGAGE, INC. | $385,000 | $2,030,000 | 427.3% | 0.2% |
| NEWREZ LLC | $1,940,000 | $2,000,000 | 3.1% | 0.2% |
| Home Bank SB | $2,470,000 | $1,955,000 | -20.9% | 0.2% |
| BROKER SOLUTIONS, INC. | $2,900,000 | $1,900,000 | -34.5% | 0.2% |
| Wolfe Financial, Inc | $700,000 | $1,845,000 | 163.6% | 0.2% |
| PNC Bank | $2,865,000 | $1,695,000 | -40.8% | 0.2% |
| Northwest Bank | $2,400,000 | $1,655,000 | -31.0% | 0.2% |
| LOANDEPOT.COM, LLC | $4,940,000 | $1,650,000 | -66.6% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $2,025,000 | $1,585,000 | -21.7% | 0.2% |
| Presidential Bank, FSB | $1,565,000 | n/a | 0.2% | |
| Horizon Bank | $4,280,000 | $1,545,000 | -63.9% | 0.2% |
| Flagstar Bank, FSB | $3,055,000 | $1,435,000 | -53.0% | 0.2% |
| Mutual Savings Bank | $1,340,000 | n/a | 0.2% | |
| SOUTH CENTRAL BANK, INC. | $1,300,000 | n/a | 0.2% | |
| Centra Credit Union | $785,000 | $1,220,000 | 55.4% | 0.1% |
| First National Bank | $1,760,000 | $1,180,000 | -33.0% | 0.1% |
| UBS Bank USA | $3,075,000 | $1,175,000 | -61.8% | 0.1% |
| Blue Ridge Bank | $300,000 | $1,165,000 | 288.3% | 0.1% |
| GUARANTEED RATE, INC. | $615,000 | $1,155,000 | 87.8% | 0.1% |
| Citizens Bank | $555,000 | $1,140,000 | 105.4% | 0.1% |
| Prosperity Home Mortgage, LLC | $185,000 | $1,110,000 | 500.0% | 0.1% |
| AMERISAVE MORTGAGE CORPORATION | $3,000,000 | $1,100,000 | -63.3% | 0.1% |
| Charles Schwab Bank, SSB | $1,095,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $1,070,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $215,000 | $1,055,000 | 390.7% | 0.1% |
| Warsaw Federal Savings and Loan Association | $1,030,000 | n/a | 0.1% | |
| CapStar Bank | $1,010,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $880,000 | n/a | 0.1% | |
| Carrington Mortgage Services, LLC | $2,375,000 | $875,000 | -63.2% | 0.1% |
| Figure Lending LLC | $390,000 | $805,000 | 106.4% | 0.1% |
| Bank of England | $640,000 | $790,000 | 23.4% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $450,000 | $790,000 | 75.6% | 0.1% |
| Discover Bank | $600,000 | $760,000 | 26.7% | 0.1% |
| Plains Commerce Bank | $760,000 | n/a | 0.1% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $270,000 | $760,000 | 181.5% | 0.1% |
| Citizens Bank | $555,000 | $750,000 | 35.1% | 0.1% |
| PURDUE FEDERAL CREDIT UNION | $380,000 | $750,000 | 97.4% | 0.1% |
| GENEVA FINANCIAL, LLC | $965,000 | $725,000 | -24.9% | 0.1% |
| V.I.P. MORTGAGE, INC. | $725,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $975,000 | $720,000 | -26.2% | 0.1% |
| Hoosier Heartland State Bank | $700,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $700,000 | n/a | 0.1% | |
| FORUM Credit Union | $1,940,000 | $685,000 | -64.7% | 0.1% |
| State Bank of Lizton | $685,000 | n/a | 0.1% | |
| LENDINGHOME FUNDING CORPORATION | $670,000 | n/a | 0.1% | |
| Magnolia Bank | $305,000 | $670,000 | 119.7% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,500,000 | $665,000 | -55.7% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $430,000 | $665,000 | 54.7% | 0.1% |
| UNION HOME MORTGAGE CORP. | $905,000 | $655,000 | -27.6% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $645,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $1,415,000 | $625,000 | -55.8% | 0.1% |
| EVERETT FINANCIAL, INC. | $595,000 | $600,000 | 0.8% | 0.1% |
| Gateway First Bank | $295,000 | $600,000 | 103.4% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $1,935,000 | $595,000 | -69.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,750,000 | $585,000 | -66.6% | 0.1% |
| Stock Yards Bank & Trust Company | $245,000 | $585,000 | 138.8% | 0.1% |
| NEW DAY FINANCIAL, LLC | $890,000 | $560,000 | -37.1% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,420,000 | $495,000 | -65.1% | 0.1% |
| Farmers and Mechanics Federal Savings Bank | $3,085,000 | $485,000 | -84.3% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $485,000 | n/a | 0.1% | |
| FIRST MORTGAGE COMPANY, INC. | $475,000 | n/a | 0.1% | |
| Ally Bank | $4,225,000 | $470,000 | -88.9% | 0.1% |
| LOANPAL, LLC | $1,125,000 | $470,000 | -58.2% | 0.1% |
| First Federal Bank of the Midwest | $1,215,000 | $465,000 | -61.7% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,200,000 | $465,000 | -61.3% | 0.1% |
| AMWEST FUNDING CORP. | $430,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $430,000 | n/a | 0.0% | |
| Centier Bank | $20,545,000 | $425,000 | -97.9% | 0.0% |
| Evolve Bank & Trust | $415,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $8,600,000 | $415,000 | -95.2% | 0.0% |
| SPRING EQ, LLC | $470,000 | $405,000 | -13.8% | 0.0% |
| The Fountain Trust Company | $395,000 | n/a | 0.0% | |
| 1st Source Bank | $680,000 | $390,000 | -42.6% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $135,000 | $385,000 | 185.2% | 0.0% |
| First Merchants Bank | $820,000 | $380,000 | -53.7% | 0.0% |
| AmeriHome Mortgage Company, LLC | $280,000 | $365,000 | 30.4% | 0.0% |
| DAS Acquisition Company, LLC | $365,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $185,000 | $365,000 | 97.3% | 0.0% |
| First Federal Savings Bank | $125,000 | $350,000 | 180.0% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $245,000 | $340,000 | 38.8% | 0.0% |
| Three Rivers Federal Credit Union | $665,000 | $335,000 | -49.6% | 0.0% |
| BMO Harris Bank | $1,255,000 | $330,000 | -73.7% | 0.0% |
| Truist | $325,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $2,165,000 | $310,000 | -85.7% | 0.0% |
| The North Salem State Bank | $1,180,000 | $310,000 | -73.7% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| Nicolet National Bank | $305,000 | n/a | 0.0% | |
| Raymond James Bank | $305,000 | n/a | 0.0% | |
| UIF CORPORATION | $305,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $280,000 | $300,000 | 7.1% | 0.0% |
| Loan Simple, Inc. | $760,000 | $285,000 | -62.5% | 0.0% |
| NBKC BANK | $405,000 | $285,000 | -29.6% | 0.0% |
| Northwest Bank | $2,400,000 | $285,000 | -88.1% | 0.0% |
| BETTER MORTGAGE CORPORATION | $3,080,000 | $275,000 | -91.1% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $275,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $275,000 | n/a | 0.0% | |
| Simmons Bank | $385,000 | $275,000 | -28.6% | 0.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $930,000 | $270,000 | -71.0% | 0.0% |
| The Riddell National Bank | $730,000 | $270,000 | -63.0% | 0.0% |
| 21ST MORTGAGE CORPORATION | $1,270,000 | $265,000 | -79.1% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $265,000 | n/a | 0.0% | |
| UTAH FIRST | $265,000 | n/a | 0.0% | |
| 1ST SIGNATURE LENDING, LLC | $1,155,000 | $255,000 | -77.9% | 0.0% |
| DIGITAL Federal Credit Union | $255,000 | n/a | 0.0% | |
| The Farmers & Merchants State Bank | $255,000 | n/a | 0.0% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $425,000 | $245,000 | -42.4% | 0.0% |
| First Farmers Bank and Trust Company | $685,000 | $240,000 | -65.0% | 0.0% |
| Nations Lending Corporation | $1,645,000 | $235,000 | -85.7% | 0.0% |
| AMERICAN FINANCING CORPORATION | $665,000 | $230,000 | -65.4% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $225,000 | n/a | 0.0% | |
| Busey Bank | $78,415,000 | $225,000 | -99.7% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,010,000 | $225,000 | -77.7% | 0.0% |
| ENVOY MORTGAGE, LTD | $225,000 | n/a | 0.0% | |
| INTERLINC MORTGAGE SERVICES, LLC | $225,000 | n/a | 0.0% | |
| Security Federal Savings Bank | $215,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $310,000 | $215,000 | -30.6% | 0.0% |
| AXIA FINANCIAL, LLC | $205,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $205,000 | n/a | 0.0% | |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $225,000 | $205,000 | -8.9% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $955,000 | $195,000 | -79.6% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $650,000 | $195,000 | -70.0% | 0.0% |
| Associated Bank | $135,000 | $185,000 | 37.0% | 0.0% |
| Pinnacle Bank | $185,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $175,000 | n/a | 0.0% | |
| TUCKER MORTGAGE, LLC | $740,000 | $165,000 | -77.7% | 0.0% |
| Commerce Home Mortgage, Inc. | $155,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $1,495,000 | $155,000 | -89.6% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $865,000 | $155,000 | -82.1% | 0.0% |
| The Home National Bank of Thorntown | $155,000 | n/a | 0.0% | |
| UMB Bank | $155,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $145,000 | n/a | 0.0% | |
| Flanagan State Bank | $1,245,000 | $145,000 | -88.4% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,530,000 | $145,000 | -90.5% | 0.0% |
| Mid-Southern Savings Bank, FSB | $135,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $245,000 | $130,000 | -46.9% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $130,000 | n/a | 0.0% | |
| The Campbell & Fetter Bank | $125,000 | n/a | 0.0% | |
| GUILD MORTGAGE COMPANY | $115,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $335,000 | $105,000 | -68.7% | 0.0% |
| THRIVENT Federal Credit Union | $25,000 | $105,000 | 320.0% | 0.0% |
| ARC HOME LLC | $295,000 | $95,000 | -67.8% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $260,000 | $95,000 | -63.5% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $85,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $280,000 | $85,000 | -69.6% | 0.0% |
| FINANCIAL CENTER FIRST CREDIT UNION | $35,000 | $80,000 | 128.6% | 0.0% |
| OPEN MORTGAGE, LLC | $75,000 | n/a | 0.0% | |
| Chartwell Financial, LLC | $160,000 | $65,000 | -59.4% | 0.0% |
| Connexus Credit Union | $65,000 | n/a | 0.0% | |
| L & N Federal Credit Union | $65,000 | n/a | 0.0% | |
| UNITED | $45,000 | n/a | 0.0% | |
| PARK COMMUNITY CREDIT UNION, INC. | $165,000 | $25,000 | -84.8% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $650,000 | $5,000 | -99.2% | 0.0% |
BLOOMINGTON's top lender by overall market share is INDIANA UNIVERSITY CREDIT UNION, with 12.8% market share. In second place, with 9.0%, is Lake City Bank, having originated $77,885,000 in loans. In third place, with 8.3%, is RUOFF MORTGAGE COMPANY, INC., having originated $71,835,000 in loans. In fourth place, with 7.5%, is Arbor Realty Trust, Inc., having originated $65,005,000 in loans. In fifth place, with 4.9%, is German American Bank, having originated $42,310,000 in loans.
BLOOMINGTON Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BLOOMINGTON (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 | $239,168 (11.1%) | $310,126 (2.2%) | 0.89 | 595 |
| 2018-02-01 | $254,950 (23.8%) | $318,348 (4.7%) | 0.93 | 620 |
| 2018-03-01 | $265,000 (17.9%) | $325,850 (4.2%) | 0.93 | 672 |
| 2018-04-01 | $266,725 (2.6%) | $324,947 (-7.5%) | 0.90 | 781 |
| 2018-05-01 | $268,225 (7.3%) | $331,483 (-3.2%) | 0.90 | 792 |
| 2018-06-01 | $266,350 (10.4%) | $332,862 (2.2%) | 0.89 | 775 |
| 2018-07-01 | $267,475 (19.1%) | $336,712 (11.0%) | 0.89 | 732 |
| 2018-08-01 | $257,700 (14.6%) | $327,499 (4.5%) | 0.86 | 702 |
| 2018-09-01 | $255,000 (11.2%) | $328,311 (1.3%) | 0.86 | 686 |
| 2018-10-01 | $262,400 (11.7%) | $332,706 (1.4%) | 0.89 | 704 |
| 2018-11-01 | $259,900 (13.1%) | $327,518 (1.5%) | 0.88 | 655 |
| 2018-12-01 | $259,900 (13.2%) | $329,729 (8.8%) | 0.90 | 582 |
| 2019-01-01 | $259,675 (8.6%) | $341,550 (10.1%) | 0.90 | 558 |
| 2019-02-01 | $261,000 (2.4%) | $330,850 (3.9%) | 0.88 | 599 |
| 2019-03-01 | $286,229 (8.0%) | $354,941 (8.9%) | 0.94 | 535 |
| 2019-04-01 | $308,500 (15.7%) | $386,455 (18.9%) | 0.98 | 430 |
| 2019-05-01 | $299,800 (11.8%) | $377,331 (13.8%) | 0.94 | 453 |
| 2019-06-01 | $300,000 (12.6%) | $372,759 (12.0%) | 0.94 | 453 |
| 2019-07-01 | $289,925 (8.4%) | $363,036 (7.8%) | 0.91 | 483 |
| 2019-08-01 | $284,255 (10.3%) | $359,158 (9.7%) | 0.90 | 486 |
| 2019-09-01 | $275,786 (8.2%) | $352,646 (7.4%) | 0.88 | 490 |
| 2019-10-01 | $273,041 (4.1%) | $353,782 (6.3%) | 0.88 | 473 |
| 2019-11-01 | $277,000 (6.6%) | $366,484 (11.9%) | 0.91 | 401 |
| 2019-12-01 | $291,000 (12.0%) | $383,855 (16.4%) | 0.97 | 338 |
| 2020-01-01 | $295,950 (14.0%) | $389,472 (14.0%) | 0.99 | 308 |
| 2020-02-01 | $309,000 (18.4%) | $392,178 (18.5%) | 1.01 | 322 |
| 2020-03-01 | $330,000 (15.3%) | $411,374 (15.9%) | 1.03 | 341 |
| 2020-04-01 | $324,975 (5.3%) | $396,452 (2.6%) | 1.02 | 367 |
| 2020-05-01 | $344,000 (14.7%) | $405,108 (7.4%) | 1.05 | 351 |
| 2020-06-01 | $339,350 (13.1%) | $407,644 (9.4%) | 1.00 | 342 |
| 2020-07-01 | $359,700 (24.1%) | $422,895 (16.5%) | 1.04 | 332 |
| 2020-08-01 | $359,700 (26.5%) | $420,606 (17.1%) | 1.03 | 318 |
| 2020-09-01 | $357,300 (29.6%) | $409,844 (16.2%) | 1.02 | 319 |
| 2020-10-01 | $320,000 (17.2%) | $391,814 (10.8%) | 0.92 | 316 |
| 2020-11-01 | $304,950 (10.1%) | $393,800 (7.5%) | 0.89 | 294 |
| 2020-12-01 | $299,950 (3.1%) | $392,612 (2.3%) | 0.89 | 236 |
| 2021-01-01 | $340,000 (14.9%) | $420,459 (8.0%) | 1.01 | 193 |
| 2021-02-01 | $367,000 (18.8%) | $453,243 (15.6%) | 1.07 | 157 |
| 2021-03-01 | $362,000 (9.7%) | $445,688 (8.3%) | 1.03 | 159 |
| 2021-04-01 | $345,250 (6.2%) | $427,176 (7.8%) | 0.93 | 168 |
| 2021-05-01 | $339,350 (-1.4%) | $433,902 (7.1%) | 0.90 | 158 |
| 2021-06-01 | $312,450 (-7.9%) | $418,914 (2.8%) | 0.82 | 209 |
| 2021-07-01 | $306,950 (-14.7%) | $404,792 (-4.3%) | 0.81 | 253 |
| 2021-08-01 | $306,950 (-14.7%) | $409,119 (-2.7%) | 0.82 | 269 |
| 2021-09-01 | $315,000 (-11.8%) | $408,913 (-0.2%) | 0.84 | 252 |
| 2021-10-01 | $335,000 (4.7%) | $420,064 (7.2%) | 0.89 | 269 |
| 2021-11-01 | $334,900 (9.8%) | $431,701 (9.6%) | 0.90 | 236 |
| 2021-12-01 | $344,950 (15.0%) | $447,330 (13.9%) | 0.93 | 214 |
| 2022-01-01 | $352,450 (3.7%) | $463,108 (10.1%) | 0.95 | 186 |
| 2022-02-01 | $352,400 (-4.0%) | $476,896 (5.2%) | 0.92 | 170 |
| 2022-03-01 | $362,450 (0.1%) | $478,585 (7.4%) | 0.91 | 183 |
| 2022-04-01 | $365,000 (5.7%) | $481,704 (12.8%) | 0.87 | 195 |
| 2022-05-01 | $352,000 (3.7%) | $466,817 (7.6%) | 0.80 | 233 |
| 2022-06-01 | $354,175 (13.4%) | $452,596 (8.0%) | 0.79 | 291 |
| 2022-07-01 | $339,450 (10.6%) | $429,546 (6.1%) | 0.76 | 342 |
| 2022-08-01 | $349,950 (14.0%) | $434,338 (6.2%) | 0.81 | 347 |
| 2022-09-01 | $357,450 (13.5%) | $436,886 (6.8%) | 0.84 | 360 |
| 2022-10-01 | $334,500 (-0.2%) | $418,987 (-0.3%) | 0.79 | 389 |
| 2022-11-01 | $319,950 (-4.5%) | $388,607 (-10.0%) | 0.77 | 369 |
| 2022-12-01 | $315,000 (-8.7%) | $382,617 (-14.5%) | 0.78 | 288 |
| 2023-01-01 | $319,900 (-9.2%) | $385,712 (-16.7%) | 0.79 | 230 |
| 2023-02-01 | $332,950 (-5.5%) | $400,809 (-16.0%) | 0.80 | 226 |
| 2023-03-01 | $344,500 (-5.0%) | $406,923 (-15.0%) | 0.81 | 230 |
| 2023-04-01 | $372,450 (2.0%) | $434,084 (-9.9%) | 0.87 | 236 |
| 2023-05-01 | $391,200 (11.1%) | $460,056 (-1.5%) | 0.89 | 286 |
| 2023-06-01 | $392,000 (10.7%) | $467,159 (3.2%) | 0.88 | 303 |
| 2023-07-01 | $399,000 (17.5%) | $477,342 (11.1%) | 0.91 | 298 |
| 2023-08-01 | $392,450 (12.1%) | $475,571 (9.5%) | 0.90 | 301 |
| 2023-09-01 | $389,900 (9.1%) | $473,591 (8.4%) | 0.91 | 321 |
| 2023-10-01 | $394,000 (17.8%) | $460,899 (10.0%) | 0.93 | 336 |
| 2023-11-01 | $396,000 (23.8%) | $457,696 (17.8%) | 0.94 | 337 |
| 2023-12-01 | $395,000 (25.4%) | $445,946 (16.6%) | 0.96 | 311 |
| 2024-01-01 | $389,900 (21.9%) | $441,125 (14.4%) | 0.95 | 263 |
| 2024-02-01 | $414,700 (24.6%) | $482,590 (20.4%) | 1.00 | 233 |
| 2024-03-01 | $424,900 (23.3%) | $510,369 (25.4%) | 1.00 | 243 |
| 2024-04-01 | $400,950 (7.7%) | $496,911 (14.5%) | 0.93 | 295 |
| 2024-05-01 | $399,900 (2.2%) | $492,582 (7.1%) | 0.90 | 330 |
| 2024-06-01 | $400,000 (2.0%) | $494,481 (5.9%) | 0.90 | 387 |
| 2024-07-01 | $389,950 (-2.3%) | $474,079 (-0.7%) | 0.89 | 425 |
| 2024-08-01 | $365,000 (-7.0%) | $451,204 (-5.1%) | 0.85 | 451 |
| 2024-09-01 | $362,225 (-7.1%) | $435,982 (-7.9%) | 0.85 | 459 |
| 2024-10-01 | $347,450 (-11.8%) | $421,811 (-8.5%) | 0.82 | 475 |
BLOOMINGTON's median listing price for 2024-10-01 was $347,450, a difference of
$-46,550
(-11.8%) versus the prior year and
$-14,775 versus the prior month.
BLOOMINGTON's median listing price comes in at 82% of the national average.
BLOOMINGTON's average listing price for 2024-10-01 was $421,811, a difference of $-39,088 (-8.5%) versus the prior year and $-14,171 versus the prior month.
For the 2024-10-01 period, BLOOMINGTON had 475 MLS listings, a difference of 16 listings (3%) versus the prior month and 139 listings (41%) versus the prior year.
BLOOMINGTON's median listing price comes in at 82% of the national average.
BLOOMINGTON's average listing price for 2024-10-01 was $421,811, a difference of $-39,088 (-8.5%) versus the prior year and $-14,171 versus the prior month.
For the 2024-10-01 period, BLOOMINGTON had 475 MLS listings, a difference of 16 listings (3%) versus the prior month and 139 listings (41%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BLOOMINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 75 days | 1,958 sqft |
| 2018-02-01 | 70 days | 2,021 sqft |
| 2018-03-01 | 55 days | 2,104 sqft |
| 2018-04-01 | 47 days | 2,088 sqft |
| 2018-05-01 | 49 days | 2,073 sqft |
| 2018-06-01 | 50 days | 2,113 sqft |
| 2018-07-01 | 52 days | 2,138 sqft |
| 2018-08-01 | 57 days | 2,078 sqft |
| 2018-09-01 | 65 days | 2,034 sqft |
| 2018-10-01 | 65 days | 2,045 sqft |
| 2018-11-01 | 70 days | 2,041 sqft |
| 2018-12-01 | 78 days | 2,032 sqft |
| 2019-01-01 | 84 days | 2,016 sqft |
| 2019-02-01 | 68 days | 2,016 sqft |
| 2019-03-01 | 57 days | 2,105 sqft |
| 2019-04-01 | 51 days | 2,210 sqft |
| 2019-05-01 | 47 days | 2,121 sqft |
| 2019-06-01 | 51 days | 2,106 sqft |
| 2019-07-01 | 56 days | 2,095 sqft |
| 2019-08-01 | 58 days | 2,097 sqft |
| 2019-09-01 | 56 days | 2,052 sqft |
| 2019-10-01 | 55 days | 2,023 sqft |
| 2019-11-01 | 64 days | 1,954 sqft |
| 2019-12-01 | 83 days | 1,970 sqft |
| 2020-01-01 | 94 days | 1,893 sqft |
| 2020-02-01 | 43 days | 1,917 sqft |
| 2020-03-01 | 48 days | 2,064 sqft |
| 2020-04-01 | 54 days | 2,025 sqft |
| 2020-05-01 | 66 days | 2,187 sqft |
| 2020-06-01 | 62 days | 2,170 sqft |
| 2020-07-01 | 59 days | 2,190 sqft |
| 2020-08-01 | 66 days | 2,235 sqft |
| 2020-09-01 | 63 days | 2,181 sqft |
| 2020-10-01 | 54 days | 2,061 sqft |
| 2020-11-01 | 61 days | 2,010 sqft |
| 2020-12-01 | 71 days | 1,909 sqft |
| 2021-01-01 | 73 days | 2,010 sqft |
| 2021-02-01 | 66 days | 2,028 sqft |
| 2021-03-01 | 51 days | 1,956 sqft |
| 2021-04-01 | 38 days | 1,909 sqft |
| 2021-05-01 | 38 days | 1,884 sqft |
| 2021-06-01 | 29 days | 1,839 sqft |
| 2021-07-01 | 33 days | 1,880 sqft |
| 2021-08-01 | 39 days | 1,829 sqft |
| 2021-09-01 | 38 days | 1,871 sqft |
| 2021-10-01 | 45 days | 1,901 sqft |
| 2021-11-01 | 55 days | 1,873 sqft |
| 2021-12-01 | 60 days | 1,890 sqft |
| 2022-01-01 | 63 days | 1,900 sqft |
| 2022-02-01 | 46 days | 1,925 sqft |
| 2022-03-01 | 38 days | 1,920 sqft |
| 2022-04-01 | 34 days | 1,940 sqft |
| 2022-05-01 | 31 days | 1,829 sqft |
| 2022-06-01 | 32 days | 1,888 sqft |
| 2022-07-01 | 36 days | 1,840 sqft |
| 2022-08-01 | 44 days | 1,879 sqft |
| 2022-09-01 | 47 days | 1,951 sqft |
| 2022-10-01 | 50 days | 1,924 sqft |
| 2022-11-01 | 60 days | 1,837 sqft |
| 2022-12-01 | 74 days | 1,798 sqft |
| 2023-01-01 | 80 days | 1,787 sqft |
| 2023-02-01 | 43 days | 1,799 sqft |
| 2023-03-01 | 42 days | 1,832 sqft |
| 2023-04-01 | 40 days | 1,894 sqft |
| 2023-05-01 | 38 days | 1,948 sqft |
| 2023-06-01 | 44 days | 2,017 sqft |
| 2023-07-01 | 51 days | 2,097 sqft |
| 2023-08-01 | 54 days | 2,074 sqft |
| 2023-09-01 | 47 days | 2,046 sqft |
| 2023-10-01 | 51 days | 2,050 sqft |
| 2023-11-01 | 59 days | 2,069 sqft |
| 2023-12-01 | 72 days | 2,052 sqft |
| 2024-01-01 | 78 days | 2,052 sqft |
| 2024-02-01 | 56 days | 2,077 sqft |
| 2024-03-01 | 40 days | 2,107 sqft |
| 2024-04-01 | 37 days | 1,995 sqft |
| 2024-05-01 | 33 days | 1,958 sqft |
| 2024-06-01 | 39 days | 1,961 sqft |
| 2024-07-01 | 47 days | 1,915 sqft |
| 2024-08-01 | 56 days | 1,865 sqft |
| 2024-09-01 | 59 days | 1,833 sqft |
| 2024-10-01 | 58 days | 1,822 sqft |
BLOOMINGTON's median listing age (time on market) for 2024-10-01 was 58 days.
This
is 14%
longer
than the same period one year ago.
BLOOMINGTON's median square footage for active listings during the 2024-10-01 period was 1,822 sqft. One year prior, the average listing was 2,050 sqft.
BLOOMINGTON's median square footage for active listings during the 2024-10-01 period was 1,822 sqft. One year prior, the average listing was 2,050 sqft.
BLOOMINGTON, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,574 | $489,430,000 | $310,947 |
| Cash Out Refi | 497 | $70,225,000 | $141,298 |
| Home Improvement | 275 | $30,035,000 | $109,218 |
| Refi | 265 | $245,385,000 | $925,981 |
| Other | 210 | $27,290,000 | $129,952 |
Bloomington's most frequently cited loan purpose was Home Purchase, with 1,574 originations. The 2nd most popular reason was Cash Out Refi, with 497 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 992 | $278,680,000 | $280,927 |
| 7-8% | 663 | $196,125,000 | $295,814 |
| 5-6% | 406 | $195,470,000 | $481,453 |
| Over 8% | 399 | $65,435,000 | $163,997 |
| <2.5% | 89 | $12,415,000 | $139,494 |
| 4-5% | 31 | $10,955,000 | $353,387 |
| 3-4% | 12 | $930,000 | $77,500 |
| 2.5-3% | 8 | $1,480,000 | $185,000 |
During 2023, Bloomington's most frequently originated rate bucket was 6-7%, with 992 originations.
Loan Sizing (BLOOMINGTON, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 969 | $265,775,000 | $274,278 |
| $100k-200k | 828 | $124,030,000 | $149,795 |
| $100,000 or less | 712 | $39,160,000 | $55,000 |
| $400k-600k | 193 | $90,995,000 | $471,477 |
| $600k-1000k | 86 | $62,330,000 | $724,767 |
| $Over $1MM | 33 | $280,075,000 | $8,487,121 |
BLOOMINGTON's loan sizing saw the bucket of loans from $200k-400k with 969 originations, totaling $265,775,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 880 | $252,760,000 | $287,227 |
| 60-80% | 609 | $316,915,000 | $520,386 |
| Under 20% | 394 | $24,370,000 | $61,853 |
| 20-40% | 391 | $46,575,000 | $119,118 |
| 40-60% | 297 | $122,955,000 | $413,990 |
| Over 100% | 22 | $7,950,000 | $361,364 |
BLOOMINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 880 originations, totaling $252,760,000 in origination value.