EVANSVILLE Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Evansville averaged 6.74% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.58% and one month ago for the week of 2024-03-07, the average rate was 6.94%.

Evansville's average rate one year ago was 6.34%.

For refis of the same type during the week of 2024-04-11, the average rate was 6.91%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Evansville 30 Year Fixed Rate 2024-04-11 6.74%
Evansville 30 Year Fixed Rate Refi 2024-04-11 6.91%
Evansville 15 Year Fixed Rate 2024-04-11 6.81%
Evansville 15 Year Fixed Rate Refi 2024-04-11 6.46%
Evansville 30 Year FHA 2024-04-11 6.91%
Evansville 30 Year FHA Refi 2024-04-11 6.94%
Evansville 30 Year USDA 2024-04-11 6.71%
Evansville 30 Year USDA Refi 2024-04-11 6.91%
Evansville 30 Year VA 2024-04-11 6.68%
Evansville 30 Year VA Refi 2024-04-11 6.57%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EVANSVILLE, IN-KY.

EVANSVILLE 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 EVANSVILLE, IN-KY 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
EVANSVILLE TEACHERS 457 6.72% $2,787
MORTGAGE MASTERS OF INDIANA, INC. 336 6.69% $3,154
First Federal Savings Bank 164 6.51% $2,579
Heritage Federal Credit Union 160 6.92% $2,446
Old National Bank 101 6.81% $2,739
QUICKEN LOANS, LLC 83 6.89% $5,481
Fifth Third Bank 79 6.76% $3,126
UNITED WHOLESALE MORTGAGE, LLC 74 6.95% $5,036
Bank of England 60 6.93% $3,696
German American Bank 53 6.59% $2,733
INDIANA MEMBERS CREDIT UNION 40 6.02% $2,656
RUOFF MORTGAGE COMPANY, INC. 30 6.72% $2,443
Northpointe Bank 27 7.18% $4,835
Independence Bank of Kentucky 23 6.59% $2,817
NEWREZ LLC 18 7.74% $4,151
CHURCHILL MORTGAGE CORPORATION 14 7.04% $4,903
CALIBER HOME LOANS, INC. 14 6.94% $3,474
BOONVILLE FEDERAL SAVINGS BANK 13 7.69% $2,843
JPMorgan Chase Bank 12 6.96% $3,728
PLAZA HOME MORTGAGE, INC. 12 7.21% $4,635
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 6.94% $2,643
Mr. Cooper ( Nationstar Mortgage ) 11 7.02% $8,293
CRANE 11 6.48% $1,963
Banterra Bank 10 6.83% $2,443
Wells Fargo Bank 10 7.14% $2,773
Flagstar Bank, FSB 10 7.06% $3,167
EVANSVILLE 10 6.98% $2,045
GVC MORTGAGE, INC. 9 7.15% $5,028
U.S. Bank 8 6.61% $2,852
Mortgage Research Center, LLC 8 6.81% $2,625
Farm Credit Mid-America, ACA 7 7.13% $7,319
Bank of America 7 6.52% $4,113
INTERLINC MORTGAGE SERVICES, LLC 7 7.07% $3,562
ROYAL UNITED MORTGAGE LLC 6 7.23% $6,286
FAIR WAY LENDING LLC 5 7.47% $6,522
Prosperity Home Mortgage, LLC 5 7.65% $3,613
Regions Bank 5 6.50% $3,513
United Fidelity Bank, fsb 5 5.63% $2,686
The Huntington National Bank 5 6.37% $4,276
FREEDOM MORTGAGE CORPORATION 5 6.75% $8,759
FBC MORTGAGE, LLC 4 6.09% $6,611
NAVY FEDERAL CREDIT UNION 4 6.19% $2,979
Magnolia Bank 3 7.00% $2,950
MOVEMENT MORTGAGE, LLC 3 6.79% $5,061
PENNYMAC LOAN SERVICES, LLC 3 6.46% $6,686
FIRST COMMUNITY MORTGAGE, INC. 3 8.50% $4,932
PNC Bank 3 6.92% $3,425
AMERISAVE MORTGAGE CORPORATION 3 7.08% $6,091
Centier Bank 3 6.83% $2,868
CROSSCOUNTRY MORTGAGE, LLC 3 6.88% $6,005
USAA Federal Savings Bank 3 6.29% $7,101
KeyBank 3 7.17% $2,543
LOANDEPOT.COM, LLC 3 7.08% $6,038
Union Savings Bank 2 6.63% $1,471
AmRes Corporation 2 6.94% $7,306
First Mid Bank & Trust 2 6.63% $2,356
BMO Harris Bank 2 6.06% $3,158
PLANET HOME LENDING, LLC 2 6.19% $6,880
AMERICAN PACIFIC MORTGAGE CORPORATION 2 6.63% $5,159
Ally Bank 2 6.81% $2,015
Warsaw Federal Savings and Loan Association 2 6.34% $4,609
First Federal Savings and Loan Association of Lakewood 2 5.83% $2,575
BROKER SOLUTIONS, INC. 2 7.88% $4,490
FirstBank 2 7.43% $5,840
BETTER MORTGAGE CORPORATION 2 7.00% $8,177
NBKC BANK 2 6.19% $3,037
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.94% $12,000
INDIANA UNIVERSITY CREDIT UNION 2 6.63% $2,199
MORTGAGE ACCESS CORP. 2 6.94% $3,997
MJW Financial LLC 2 7.31% $4,516
MEMBER FIRST MORTGAGE, LLC 2 7.19% $3,626
Truist 2 6.34% $3,842
LAKE MICHIGAN CREDIT UNION 2 5.69% $4,569
DAS Acquisition Company, LLC 2 7.25% $7,002
Century Mortgage Company DBA Century Lending Company 2 7.88% $3,354
ZILLOW HOME LOANS, LLC 1 6.88% $5,298
AmeriHome Mortgage Company, LLC 1 6.50% $5,272
Barrington Bank & Trust Company, N.A. 1 7.13% $3,019
Baxter Credit Union 1 6.63% $2,511
CARDINAL FINANCIAL 1 5.63% $7,629
Central Bank 1 6.13% $2,086
CHERRY CREEK MORTGAGE, LLC 1 6.63% $759
Citizens Bank 1 7.38% $2,373
COMMONWEALTH 1 6.75% $2,642
DELMAR FINANCIAL COMPANY 1 7.63% $4,481
Discover Bank 1 6.74% $0
Elements Financial Federal Credit Union 1 5.63% $2,609
ENDEAVOR CAPITAL, LLC. 1 6.63% $6,403
Evolve Bank & Trust 1 6.13% $3,552
FIRST CENTENNIAL MORTGAGE CORPORATION 1 7.13% $7,715
First Financial Bank 1 6.50% $3,106
First Horizon Bank 1 5.63% $4,569
First Merchants Bank 1 7.13% $2,426
FIRST MORTGAGE COMPANY, INC. 1 6.00% $6,024
First Option Mortgage, LLC 1 8.13% $5,409
First Savings Bank 1 6.25% $2,489
First State Bank of St. Charles, Missouri 1 7.25% $2,854
First State Community Bank 1 6.75% $2,720
First Western Trust Bank 1 7.13% $3,426
FORUM Credit Union 1 7.38% $1,452
Gateway First Bank 1 7.88% $5,106
GENEVA FINANCIAL, LLC 1 6.88% $3,448
GERSHMAN INVESTMENT CORP. 1 7.38% $2,707
GUILD MORTGAGE COMPANY 1 7.25% $7,382
HOMESIDE FINANCIAL, LLC 1 7.38% $4,368
LIBERTY HOME MORTGAGE CORPORATION 1 8.13% $4,904
Meridian Bank Corporation 1 5.99% $2,901
Midwest BankCentre 1 7.00% $2,365
M&T Bank 1 7.88% $4,568
Nations Lending Corporation 1 6.75% $4,808
NATIONS RELIABLE LENDING, LLC 1 6.00% $4,837
NexBank 1 7.38% $5,961
NFM, INC. 1 6.63% $3,387
Northwest Bank 1 6.00% $2,289
PENTAGON FEDERAL CREDIT UNION 1 7.25% $5,500
Peoples Bank 1 6.59% $3,620
Peoples National Bank , N.A. 1 5.75% $2,806
Plains Commerce Bank 1 6.38% $2,341
PREMIA MORTGAGE, LLC 1 6.08% $0
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.38% $4,343
PURDUE FEDERAL CREDIT UNION 1 7.00% $3,621
Sierra Pacific Mortgage Company, Inc. 1 7.63% $5,661
SOUTH CENTRAL BANK, INC. 1 6.25% $3,527
STAR Financial Bank 1 6.25% $2,166
Stifel Bank and Trust 1 6.50% $2,013
SUMMIT FUNDING, INC. 1 8.00% $5,363
TEACHERS CREDIT UNION 1 7.25% $2,664
The Federal Savings Bank 1 6.38% $2,146
The Loan Store, Inc. 1 7.50% $10,402
Third Federal Savings and Loan Association of Cleveland 1 5.79% $2,439
TOWNE MORTGAGE COMPANY 1 6.63% $7,832
Toyota Financial Savings Bank 1 6.25% $3,750
TUCKER MORTGAGE, LLC 1 6.50% $2,952
UIF CORPORATION 1 6.50% $2,660
UNION HOME MORTGAGE CORP. 1 7.63% $9,029
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.99% $4,825
VICTORY MORTGAGE, L.L.C. 1 6.38% $2,837
21ST MORTGAGE CORPORATION 1 7.50% $4,517

EVANSVILLE Average Closing Costs & Other Stats

EVANSVILLE, IN-KY's 138 lenders originated 6,555 loans during 2023. The total origination value was $1,163,005,000, with an average loan value of $177,423.

EVANSVILLE's average closing costs are $3,613.

The top EVANSVILLE lender as defined by loan originations is EVANSVILLE TEACHERS, with 457 loans originated. Their average total fees are $2,787, which is $367 lower than the next largest lender, MORTGAGE MASTERS OF INDIANA, INC..

The lowest fee EVANSVILLE lenders (with over 10 loans originated) are CRANE ($1,963), EVANSVILLE ($2,045), RUOFF MORTGAGE COMPANY, INC. ($2,443), Banterra Bank ($2,443) and Heritage Federal Credit Union ($2,446).

The lowest rate EVANSVILLE lenders (with over 10 loans originated) are INDIANA MEMBERS CREDIT UNION (6.02%), CRANE (6.48%), First Federal Savings Bank (6.51%), German American Bank (6.59%) and Independence Bank of Kentucky (6.59%).

EVANSVILLE, IN-KY 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
EVANSVILLE TEACHERS $279,080,000 $167,130,000 -40.1% 14.4%
MORTGAGE MASTERS OF INDIANA, INC. $145,355,000 $129,480,000 -10.9% 11.1%
First Federal Savings Bank $63,845,000 $74,070,000 16.0% 6.4%
Old National Bank $94,720,000 $70,325,000 -25.8% 6.0%
Heritage Federal Credit Union $63,090,000 $52,500,000 -16.8% 4.5%
German American Bank $73,040,000 $36,790,000 -49.6% 3.2%
Fifth Third Bank $89,885,000 $36,700,000 -59.2% 3.2%
QUICKEN LOANS, LLC $47,700,000 $36,035,000 -24.5% 3.1%
FIELD & MAIN BANK, INC. $30,850,000 $35,930,000 16.5% 3.1%
Merchants Bank of Indiana $32,930,000 $34,295,000 4.1% 2.9%
UNITED WHOLESALE MORTGAGE, LLC $26,550,000 $28,590,000 7.7% 2.5%
First Financial Bank $205,000 $28,505,000 13,804.9% 2.5%
LNB COMMUNITY BANK $30,765,000 $25,380,000 -17.5% 2.2%
Bank of England $26,610,000 $22,285,000 -16.3% 1.9%
peoples trust and savings bank $39,510,000 $21,310,000 -46.1% 1.8%
Mortgage Research Center, LLC $22,900,000 $19,340,000 -15.5% 1.7%
INDIANA MEMBERS CREDIT UNION $17,730,000 $16,270,000 -8.2% 1.4%
WALKER & DUNLOP, LLC $7,095,000 $14,705,000 107.3% 1.3%
FBC MORTGAGE, LLC $26,060,000 $14,305,000 -45.1% 1.2%
Independence Bank of Kentucky $22,185,000 $14,280,000 -35.6% 1.2%
CRANE $9,260,000 $13,300,000 43.6% 1.1%
Northpointe Bank $3,945,000 $10,630,000 169.5% 0.9%
CALIBER HOME LOANS, INC. $17,090,000 $10,205,000 -40.3% 0.9%
RUOFF MORTGAGE COMPANY, INC. $20,855,000 $9,350,000 -55.2% 0.8%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $8,335,000 n/a 0.7%
NEWREZ LLC $4,140,000 $7,265,000 75.5% 0.6%
PLAZA HOME MORTGAGE, INC. $7,595,000 $7,110,000 -6.4% 0.6%
The First National Bank of Carmi $11,555,000 $6,900,000 -40.3% 0.6%
Prudential Huntoon Paige Associates, LLC $6,880,000 n/a 0.6%
Brighton Bank $3,950,000 $6,615,000 67.5% 0.6%
FREEDOM MORTGAGE CORPORATION $15,055,000 $6,245,000 -58.5% 0.5%
BOONVILLE FEDERAL SAVINGS BANK $5,390,000 $5,630,000 4.5% 0.5%
Banterra Bank $12,045,000 $4,895,000 -59.4% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $6,940,000 $4,835,000 -30.3% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $9,780,000 $4,605,000 -52.9% 0.4%
Farmers Bank and Trust Company $6,840,000 $4,600,000 -32.7% 0.4%
Bank of America $3,065,000 $4,440,000 44.9% 0.4%
AMERISAVE MORTGAGE CORPORATION $5,500,000 $4,315,000 -21.5% 0.4%
F&M Bank $4,305,000 n/a 0.4%
Morton Community Bank $4,180,000 n/a 0.4%
JPMorgan Chase Bank $5,115,000 $3,885,000 -24.0% 0.3%
LOANDEPOT.COM, LLC $8,415,000 $3,610,000 -57.1% 0.3%
NAVY FEDERAL CREDIT UNION $3,975,000 $3,505,000 -11.8% 0.3%
Farm Credit Mid-America, ACA $1,730,000 $3,325,000 92.2% 0.3%
GVC MORTGAGE, INC. $7,005,000 $3,315,000 -52.7% 0.3%
PENNYMAC LOAN SERVICES, LLC $5,350,000 $3,315,000 -38.0% 0.3%
MOVEMENT MORTGAGE, LLC $4,070,000 $3,275,000 -19.5% 0.3%
21ST MORTGAGE CORPORATION $2,925,000 $3,240,000 10.8% 0.3%
Wells Fargo Bank $7,400,000 $3,190,000 -56.9% 0.3%
EVANSVILLE $5,425,000 $2,945,000 -45.7% 0.3%
U.S. Bank $5,515,000 $2,785,000 -49.5% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,350,000 $2,775,000 105.6% 0.2%
Flagstar Bank, FSB $5,425,000 $2,730,000 -49.7% 0.2%
Equity Prime Mortgage LLC $5,170,000 $2,700,000 -47.8% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $2,580,000 $2,480,000 -3.9% 0.2%
INTERLINC MORTGAGE SERVICES, LLC $390,000 $2,470,000 533.3% 0.2%
The Huntington National Bank $3,705,000 $2,140,000 -42.2% 0.2%
Carrington Mortgage Services, LLC $6,520,000 $2,070,000 -68.3% 0.2%
BROKER SOLUTIONS, INC. $2,195,000 $2,045,000 -6.8% 0.2%
Regions Bank $5,270,000 $2,005,000 -62.0% 0.2%
FAIR WAY LENDING LLC $4,445,000 $1,990,000 -55.2% 0.2%
SOUTH CENTRAL BANK, INC. $3,695,000 $1,935,000 -47.6% 0.2%
USAA Federal Savings Bank $3,945,000 $1,910,000 -51.6% 0.2%
Discover Bank $825,000 $1,905,000 130.9% 0.2%
Servion, Inc. $2,275,000 $1,895,000 -16.7% 0.2%
CARDINAL FINANCIAL $1,620,000 $1,715,000 5.9% 0.1%
Sterling United FCU $1,690,000 n/a 0.1%
United Fidelity Bank, fsb $4,300,000 $1,650,000 -61.6% 0.1%
DIAMOND VALLEY $2,285,000 $1,640,000 -28.2% 0.1%
Prosperity Home Mortgage, LLC $685,000 $1,630,000 138.0% 0.1%
Century Mortgage Company DBA Century Lending Company $2,595,000 $1,555,000 -40.1% 0.1%
LOANPAL, LLC $230,000 $1,535,000 567.4% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $2,970,000 $1,465,000 -50.7% 0.1%
The Federal Savings Bank $420,000 $1,440,000 242.9% 0.1%
ROYAL UNITED MORTGAGE LLC $2,390,000 $1,435,000 -40.0% 0.1%
Truist $1,515,000 $1,375,000 -9.2% 0.1%
First Financial Bank $205,000 $1,285,000 526.8% 0.1%
Barrington Bank & Trust Company, N.A. $1,050,000 $1,265,000 20.5% 0.1%
PLANET HOME LENDING, LLC $1,200,000 $1,205,000 0.4% 0.1%
BMO Harris Bank $165,000 $1,200,000 627.3% 0.1%
TOP FLITE FINANCIAL, INC. $3,140,000 $1,185,000 -62.3% 0.1%
Nations Lending Corporation $870,000 $1,165,000 33.9% 0.1%
PNC Bank $2,120,000 $1,165,000 -45.0% 0.1%
DAS Acquisition Company, LLC $880,000 $1,145,000 30.1% 0.1%
LIMA ONE CAPITAL, LLC $1,460,000 $1,115,000 -23.6% 0.1%
LAKEVIEW LOAN SERVICING, LLC $5,720,000 $1,060,000 -81.5% 0.1%
GUARANTEED RATE, INC. $730,000 $1,010,000 38.4% 0.1%
UNION HOME MORTGAGE CORP. $4,365,000 $990,000 -77.3% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,260,000 $975,000 -22.6% 0.1%
MID AMERICA MORTGAGE, INC. $340,000 $945,000 177.9% 0.1%
NEW DAY FINANCIAL, LLC $1,495,000 $875,000 -41.5% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $820,000 n/a 0.1%
AmRes Corporation $950,000 $805,000 -15.3% 0.1%
FirstBank $455,000 $800,000 75.8% 0.1%
VILLAGE CAPITAL MORTGAGE $955,000 $785,000 -17.8% 0.1%
KeyBank $1,535,000 $765,000 -50.2% 0.1%
First Savings Bank $310,000 $760,000 145.2% 0.1%
Peoples Bank $995,000 $755,000 -24.1% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 $745,000 246.5% 0.1%
Figure Lending LLC $615,000 $725,000 17.9% 0.1%
Magnolia Bank $825,000 $670,000 -18.8% 0.1%
NFM, INC. $660,000 n/a 0.1%
Union Savings Bank $1,465,000 $660,000 -54.9% 0.1%
INDIANA UNIVERSITY CREDIT UNION $3,110,000 $650,000 -79.1% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $500,000 $645,000 29.0% 0.1%
GENEVA FINANCIAL, LLC $120,000 $630,000 425.0% 0.1%
Toyota Financial Savings Bank $520,000 $630,000 21.2% 0.1%
ENDEAVOR CAPITAL, LLC. $515,000 $610,000 18.4% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $950,000 $605,000 -36.3% 0.1%
Legence Bank $1,860,000 $605,000 -67.5% 0.1%
Paramount Residential Mortgage Group, Inc. $430,000 $590,000 37.2% 0.1%
First Federal Savings and Loan Association of Lakewood $580,000 n/a 0.0%
BETTER MORTGAGE CORPORATION $1,905,000 $560,000 -70.6% 0.0%
Plains Commerce Bank $555,000 n/a 0.0%
LAKE MICHIGAN CREDIT UNION $550,000 n/a 0.0%
AmeriHome Mortgage Company, LLC $545,000 n/a 0.0%
First Horizon Bank $225,000 $525,000 133.3% 0.0%
SUMMIT FUNDING, INC. $525,000 n/a 0.0%
Citizens Bank $895,000 $520,000 -41.9% 0.0%
MEMBER FIRST MORTGAGE, LLC $135,000 $510,000 277.8% 0.0%
GUILD MORTGAGE COMPANY $165,000 $505,000 206.1% 0.0%
PREMIA MORTGAGE, LLC $500,000 n/a 0.0%
Northwest Bank $665,000 $490,000 -26.3% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $135,000 $485,000 259.3% 0.0%
V.I.P. MORTGAGE, INC. $485,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $1,500,000 $445,000 -70.3% 0.0%
First Mid Bank & Trust $430,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $1,775,000 $410,000 -76.9% 0.0%
Blue Ridge Bank $395,000 n/a 0.0%
Elements Financial Federal Credit Union $190,000 $395,000 107.9% 0.0%
Stock Yards Bank & Trust Company $18,505,000 $395,000 -97.9% 0.0%
The Loan Store, Inc. $395,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $315,000 $385,000 22.2% 0.0%
Farmers State Bank of Alto Pass $210,000 $380,000 81.0% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $485,000 $380,000 -21.6% 0.0%
ZILLOW HOME LOANS, LLC $105,000 $380,000 261.9% 0.0%
First State Bank of St. Charles, Missouri $375,000 n/a 0.0%
STAR Financial Bank $365,000 n/a 0.0%
NBKC BANK $235,000 $360,000 53.2% 0.0%
COMMONWEALTH $230,000 $355,000 54.3% 0.0%
Park Lane Finance Solutions, LLC $395,000 $350,000 -11.4% 0.0%
Centier Bank $345,000 n/a 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $345,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $515,000 $340,000 -34.0% 0.0%
LENDINGONE, LLC $85,000 $335,000 294.1% 0.0%
NexBank $335,000 n/a 0.0%
CIVIC FINANCIAL SERVICES, LLC $1,865,000 $330,000 -82.3% 0.0%
Citibank $105,000 $320,000 204.8% 0.0%
MJW Financial LLC $895,000 $320,000 -64.2% 0.0%
SPRING EQ, LLC $410,000 $315,000 -23.2% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $670,000 $285,000 -57.5% 0.0%
CRESCENT MORTGAGE COMPANY $950,000 $275,000 -71.1% 0.0%
EMBRACE HOME LOANS, INC. $205,000 $275,000 34.1% 0.0%
Pinnacle Bank $275,000 n/a 0.0%
TEACHERS CREDIT UNION $135,000 $275,000 103.7% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $270,000 n/a 0.0%
MORTGAGE ACCESS CORP. $205,000 $270,000 31.7% 0.0%
PENTAGON FEDERAL CREDIT UNION $755,000 $265,000 -64.9% 0.0%
Mid-Continent Funding, Inc. $400,000 $255,000 -36.3% 0.0%
Midwest BankCentre $255,000 n/a 0.0%
OPEN MORTGAGE, LLC $135,000 $255,000 88.9% 0.0%
Southern Bank $255,000 n/a 0.0%
The Home National Bank of Thorntown $255,000 n/a 0.0%
AMERICAN FINANCIAL NETWORK, INC. $245,000 n/a 0.0%
BNC National Bank $300,000 $245,000 -18.3% 0.0%
Third Federal Savings and Loan Association of Cleveland $795,000 $245,000 -69.2% 0.0%
PURDUE FEDERAL CREDIT UNION $470,000 $240,000 -48.9% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $565,000 $235,000 -58.4% 0.0%
Planters Bank, Inc. $370,000 $235,000 -36.5% 0.0%
POLARIS HOME FUNDING CORP. $135,000 $235,000 74.1% 0.0%
Ally Bank $665,000 $230,000 -65.4% 0.0%
CMG MORTGAGE, INC. $605,000 $225,000 -62.8% 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $225,000 n/a 0.0%
VICTORY MORTGAGE, L.L.C. $225,000 n/a 0.0%
LEADERONE FINANCIAL CORPORATION $215,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $215,000 n/a 0.0%
First Western Trust Bank $205,000 n/a 0.0%
Meridian Bank Corporation $205,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $240,000 $200,000 -16.7% 0.0%
Warsaw Federal Savings and Loan Association $115,000 $200,000 73.9% 0.0%
Stifel Bank and Trust $125,000 $195,000 56.0% 0.0%
THRIVE MORTGAGE, LLC $480,000 $195,000 -59.4% 0.0%
Baxter Credit Union $95,000 $185,000 94.7% 0.0%
TOTAL MORTGAGE SERVICES, LLC $175,000 n/a 0.0%
Waterstone Mortgage Corporation $1,300,000 $175,000 -86.5% 0.0%
Evolve Bank & Trust $165,000 n/a 0.0%
Gateway First Bank $165,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $705,000 $165,000 -76.6% 0.0%
MILESTONE HOME LENDING, LLC $305,000 $165,000 -45.9% 0.0%
AXIA FINANCIAL, LLC $160,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $720,000 $160,000 -77.8% 0.0%
TRIAD FINANCIAL SERVICES, INC. $960,000 $160,000 -83.3% 0.0%
Central Bank $155,000 n/a 0.0%
STOCKTON MORTGAGE CORPORATION $480,000 $155,000 -67.7% 0.0%
American Mortgage & Equity Consultants, Inc. $2,095,000 $145,000 -93.1% 0.0%
First Federal Bank $500,000 $145,000 -71.0% 0.0%
FIRST MORTGAGE COMPANY, INC. $145,000 n/a 0.0%
GERSHMAN INVESTMENT CORP. $145,000 n/a 0.0%
Citadel Servicing Corporation $135,000 n/a 0.0%
EMM LOANS LLC $135,000 n/a 0.0%
First Option Mortgage, LLC $135,000 n/a 0.0%
Limestone Bank, Inc. $65,000 $135,000 107.7% 0.0%
TUCKER MORTGAGE, LLC $135,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $130,000 n/a 0.0%
First Merchants Bank $205,000 $125,000 -39.0% 0.0%
M&T Bank $760,000 $125,000 -83.6% 0.0%
National Bank of St. Anne $125,000 n/a 0.0%
WesBanco $125,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $115,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $115,000 $115,000 0.0% 0.0%
LONGBRIDGE FINANCIAL, LLC $35,000 $115,000 228.6% 0.0%
Neighborhood Loans, Inc. $115,000 n/a 0.0%
OCMBC, INC. $115,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $350,000 $115,000 -67.1% 0.0%
AMWEST FUNDING CORP. $1,580,000 $105,000 -93.4% 0.0%
Coastal Community Bank $105,000 n/a 0.0%
DOMINION FINANCIAL SERVICES, LLC $440,000 $105,000 -76.1% 0.0%
EVERETT FINANCIAL, INC. $1,290,000 $105,000 -91.9% 0.0%
T2 FINANCIAL LLC $105,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $190,000 $100,000 -47.4% 0.0%
CHERRY CREEK MORTGAGE, LLC $335,000 $95,000 -71.6% 0.0%
First Southern National Bank $145,000 $95,000 -34.5% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $455,000 $95,000 -79.1% 0.0%
RANLIFE, INC. $95,000 n/a 0.0%
Security Federal Savings Bank $95,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $85,000 n/a 0.0%
First State Community Bank $85,000 n/a 0.0%
Peoples National Bank , N.A. $265,000 $85,000 -67.9% 0.0%
Signature Federal Credit Union $85,000 n/a 0.0%
UIF CORPORATION $85,000 n/a 0.0%
TOWER $545,000 $75,000 -86.2% 0.0%
Clearview Federal Credit Union $65,000 n/a 0.0%
FORUM Credit Union $545,000 $65,000 -88.1% 0.0%
ALLIANT CREDIT UNION $45,000 n/a 0.0%
Centra Credit Union $45,000 n/a 0.0%
GREENWOOD $45,000 n/a 0.0%
L & N Federal Credit Union $45,000 n/a 0.0%
UNIVERSITY OF KENTUCKY $45,000 n/a 0.0%
Citizens State Bank of New Castle $35,000 n/a 0.0%
Republic Bank & Trust Company $735,000 $25,000 -96.6% 0.0%
The Sacramento Deposit Bank $25,000 n/a 0.0%
Horizon Bank $35,000 $15,000 -57.1% 0.0%

EVANSVILLE's top lender by overall market share is EVANSVILLE TEACHERS, with 14.4% market share. In second place, with 11.1%, is MORTGAGE MASTERS OF INDIANA, INC., having originated $129,480,000 in loans. In third place, with 6.4%, is First Federal Savings Bank, having originated $74,070,000 in loans. In fourth place, with 6.0%, is Old National Bank, having originated $70,325,000 in loans. In fifth place, with 4.5%, is Heritage Federal Credit Union, having originated $52,500,000 in loans.


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

Realtor.com - EVANSVILLE (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 $154,900 (15.7%) $196,715 (12.3%) 0.57 891
2018-02-01 $154,950 (14.9%) $199,356 (11.2%) 0.56 837
2018-03-01 $173,000 (19.5%) $211,823 (12.7%) 0.61 760
2018-04-01 $174,950 (20.7%) $219,527 (14.3%) 0.59 726
2018-05-01 $174,900 (13.0%) $223,156 (9.3%) 0.58 741
2018-06-01 $169,888 (12.3%) $222,439 (10.9%) 0.57 833
2018-07-01 $166,450 (6.9%) $216,962 (6.8%) 0.56 891
2018-08-01 $164,900 (10.0%) $209,628 (0.8%) 0.55 931
2018-09-01 $159,900 (6.6%) $209,479 (-1.5%) 0.54 930
2018-10-01 $164,900 (3.1%) $207,866 (-3.5%) 0.56 954
2018-11-01 $162,250 (1.1%) $202,545 (-5.9%) 0.55 972
2018-12-01 $155,000 (4.1%) $194,944 (0.7%) 0.53 927
2019-01-01 $154,950 (0.0%) $189,780 (-3.5%) 0.54 887
2019-02-01 $155,900 (0.6%) $191,989 (-3.7%) 0.53 818
2019-03-01 $168,100 (-2.8%) $203,875 (-3.8%) 0.55 772
2019-04-01 $177,900 (1.7%) $216,391 (-1.4%) 0.56 749
2019-05-01 $177,550 (1.5%) $222,191 (-0.4%) 0.55 779
2019-06-01 $179,900 (5.9%) $224,601 (1.0%) 0.56 779
2019-07-01 $175,900 (5.7%) $221,536 (2.1%) 0.55 815
2019-08-01 $165,155 (0.2%) $214,000 (2.1%) 0.52 877
2019-09-01 $159,386 (-0.3%) $208,354 (-0.5%) 0.51 926
2019-10-01 $154,900 (-6.1%) $204,995 (-1.4%) 0.50 958
2019-11-01 $149,900 (-7.6%) $201,280 (-0.6%) 0.49 887
2019-12-01 $143,675 (-7.3%) $195,797 (0.4%) 0.48 819
2020-01-01 $138,625 (-10.5%) $192,476 (1.4%) 0.46 730
2020-02-01 $145,000 (-7.0%) $197,927 (3.1%) 0.47 620
2020-03-01 $171,100 (1.8%) $218,706 (7.3%) 0.54 547
2020-04-01 $179,200 (0.7%) $223,888 (3.5%) 0.56 543
2020-05-01 $180,900 (1.9%) $240,471 (8.2%) 0.55 476
2020-06-01 $186,100 (3.5%) $247,305 (10.1%) 0.55 457
2020-07-01 $187,000 (6.3%) $245,134 (10.7%) 0.54 454
2020-08-01 $185,000 (12.0%) $248,663 (16.2%) 0.53 425
2020-09-01 $175,950 (10.4%) $237,464 (14.0%) 0.50 433
2020-10-01 $174,950 (12.9%) $229,454 (11.9%) 0.50 419
2020-11-01 $164,400 (9.7%) $224,837 (11.7%) 0.48 440
2020-12-01 $149,900 (4.3%) $209,226 (6.9%) 0.45 414
2021-01-01 $152,450 (10.0%) $206,719 (7.4%) 0.46 339
2021-02-01 $158,675 (9.4%) $219,279 (10.8%) 0.46 240
2021-03-01 $171,250 (0.1%) $224,701 (2.7%) 0.49 203
2021-04-01 $184,975 (3.2%) $222,584 (-0.6%) 0.50 205
2021-05-01 $182,000 (0.6%) $224,368 (-6.7%) 0.48 217
2021-06-01 $204,350 (9.8%) $249,759 (1.0%) 0.54 247
2021-07-01 $189,450 (1.3%) $242,411 (-1.1%) 0.50 329
2021-08-01 $174,900 (-5.5%) $232,027 (-6.7%) 0.47 389
2021-09-01 $176,300 (0.2%) $230,049 (-3.1%) 0.47 400
2021-10-01 $180,000 (2.9%) $234,278 (2.1%) 0.48 383
2021-11-01 $185,450 (12.8%) $239,173 (6.4%) 0.50 348
2021-12-01 $172,450 (15.0%) $239,850 (14.6%) 0.47 322
2022-01-01 $191,450 (25.6%) $243,935 (18.0%) 0.52 262
2022-02-01 $203,725 (28.4%) $259,252 (18.2%) 0.53 192
2022-03-01 $196,425 (14.7%) $249,026 (10.8%) 0.49 189
2022-04-01 $200,000 (8.1%) $254,730 (14.4%) 0.48 225
2022-05-01 $227,450 (25.0%) $281,852 (25.6%) 0.52 264
2022-06-01 $242,500 (18.7%) $287,319 (15.0%) 0.54 317
2022-07-01 $224,000 (18.2%) $271,078 (11.8%) 0.50 414
2022-08-01 $218,150 (24.7%) $276,537 (19.2%) 0.50 423
2022-09-01 $218,250 (23.8%) $278,858 (21.2%) 0.51 434
2022-10-01 $225,000 (25.0%) $285,737 (22.0%) 0.53 452
2022-11-01 $233,650 (26.0%) $283,117 (18.4%) 0.56 483
2022-12-01 $245,000 (42.1%) $287,709 (20.0%) 0.60 457
2023-01-01 $259,638 (35.6%) $309,340 (26.8%) 0.64 391
2023-02-01 $270,900 (33.0%) $335,882 (29.6%) 0.65 336
2023-03-01 $271,900 (38.4%) $352,533 (41.6%) 0.64 293
2023-04-01 $289,000 (44.5%) $345,146 (35.5%) 0.67 308
2023-05-01 $274,950 (20.9%) $346,532 (23.0%) 0.62 330
2023-06-01 $291,450 (20.2%) $359,981 (25.3%) 0.65 345
2023-07-01 $288,250 (28.7%) $365,393 (34.8%) 0.66 328
2023-08-01 $278,450 (27.6%) $335,640 (21.4%) 0.64 377
2023-09-01 $249,900 (14.5%) $305,961 (9.7%) 0.58 424
2023-10-01 $242,152 (7.6%) $294,155 (3.0%) 0.57 513
2023-11-01 $238,125 (1.9%) $287,763 (1.6%) 0.57 578
2023-12-01 $236,500 (-3.5%) $278,611 (-3.2%) 0.58 531
2024-01-01 $234,900 (-9.5%) $276,354 (-10.7%) 0.57 507
2024-02-01 $239,450 (-11.6%) $280,079 (-16.6%) 0.58 456
2024-03-01 $241,888 (-11.0%) $288,137 (-18.3%) 0.57 416
EVANSVILLE's median listing price for 2024-03-01 was $241,888, a difference of $-30,012 (-11.0%) versus the prior year and $2,438 versus the prior month.

EVANSVILLE's median listing price comes in at 57% of the national average.

EVANSVILLE's average listing price for 2024-03-01 was $288,137, a difference of $-64,396 (-18.3%) versus the prior year and $8,058 versus the prior month.

For the 2024-03-01 period, EVANSVILLE had 416 MLS listings, a difference of -40 listings (-9%) versus the prior month and 123 listings (42%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - EVANSVILLE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 82 days 1,887 sqft
2018-02-01 82 days 1,855 sqft
2018-03-01 71 days 1,992 sqft
2018-04-01 55 days 1,999 sqft
2018-05-01 46 days 1,986 sqft
2018-06-01 44 days 1,963 sqft
2018-07-01 46 days 1,920 sqft
2018-08-01 51 days 1,905 sqft
2018-09-01 57 days 1,902 sqft
2018-10-01 61 days 1,915 sqft
2018-11-01 61 days 1,851 sqft
2018-12-01 68 days 1,850 sqft
2019-01-01 75 days 1,826 sqft
2019-02-01 73 days 1,821 sqft
2019-03-01 69 days 1,881 sqft
2019-04-01 61 days 1,963 sqft
2019-05-01 47 days 1,939 sqft
2019-06-01 52 days 1,963 sqft
2019-07-01 52 days 1,956 sqft
2019-08-01 52 days 1,897 sqft
2019-09-01 53 days 1,845 sqft
2019-10-01 54 days 1,815 sqft
2019-11-01 64 days 1,807 sqft
2019-12-01 79 days 1,728 sqft
2020-01-01 86 days 1,690 sqft
2020-02-01 86 days 1,733 sqft
2020-03-01 59 days 1,875 sqft
2020-04-01 58 days 1,924 sqft
2020-05-01 58 days 1,944 sqft
2020-06-01 49 days 1,978 sqft
2020-07-01 44 days 1,925 sqft
2020-08-01 45 days 1,929 sqft
2020-09-01 37 days 1,906 sqft
2020-10-01 38 days 1,792 sqft
2020-11-01 43 days 1,785 sqft
2020-12-01 49 days 1,640 sqft
2021-01-01 56 days 1,658 sqft
2021-02-01 60 days 1,628 sqft
2021-03-01 33 days 1,683 sqft
2021-04-01 25 days 1,806 sqft
2021-05-01 23 days 1,787 sqft
2021-06-01 22 days 1,855 sqft
2021-07-01 24 days 1,870 sqft
2021-08-01 26 days 1,796 sqft
2021-09-01 39 days 1,785 sqft
2021-10-01 37 days 1,792 sqft
2021-11-01 37 days 1,773 sqft
2021-12-01 44 days 1,758 sqft
2022-01-01 54 days 1,761 sqft
2022-02-01 53 days 1,768 sqft
2022-03-01 30 days 1,653 sqft
2022-04-01 19 days 1,750 sqft
2022-05-01 20 days 1,836 sqft
2022-06-01 22 days 1,926 sqft
2022-07-01 26 days 1,812 sqft
2022-08-01 35 days 1,859 sqft
2022-09-01 41 days 1,890 sqft
2022-10-01 44 days 1,892 sqft
2022-11-01 45 days 1,884 sqft
2022-12-01 54 days 1,878 sqft
2023-01-01 63 days 1,960 sqft
2023-02-01 61 days 2,012 sqft
2023-03-01 50 days 2,018 sqft
2023-04-01 37 days 2,004 sqft
2023-05-01 31 days 1,995 sqft
2023-06-01 37 days 2,024 sqft
2023-07-01 35 days 2,032 sqft
2023-08-01 31 days 1,973 sqft
2023-09-01 37 days 1,920 sqft
2023-10-01 36 days 1,844 sqft
2023-11-01 40 days 1,747 sqft
2023-12-01 51 days 1,734 sqft
2024-01-01 61 days 1,724 sqft
2024-02-01 57 days 1,741 sqft
2024-03-01 52 days 1,794 sqft
EVANSVILLE's median listing age (time on market) for 2024-03-01 was 52 days. This is 4% longer than the same period one year ago.

EVANSVILLE's median square footage for active listings during the 2024-03-01 period was 1,794 sqft. One year prior, the average listing was 2,018 sqft.

EVANSVILLE, IN-KY Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
42301 Evansville, IN-KY MSA $710 $710 $940 $1,240 $1,260
42402 Evansville, IN-KY MSA $610 $690 $860 $1,110 $1,290
42406 Evansville, IN-KY MSA $590 $660 $830 $1,070 $1,240
42419 Evansville, IN-KY MSA $610 $690 $860 $1,110 $1,290
42420 Evansville, IN-KY MSA $600 $680 $850 $1,100 $1,280
42451 Evansville, IN-KY MSA $730 $780 $1,000 $1,310 $1,440
42452 Evansville, IN-KY MSA $700 $780 $980 $1,270 $1,470
42457 Evansville, IN-KY MSA $610 $690 $860 $1,110 $1,290
42458 Evansville, IN-KY MSA $600 $680 $850 $1,100 $1,280
42461 Evansville, IN-KY MSA $610 $690 $860 $1,110 $1,290
42462 Evansville, IN-KY MSA $620 $700 $870 $1,140 $1,310
47523 Evansville, IN-KY MSA $590 $660 $830 $1,070 $1,240
47537 Evansville, IN-KY MSA $660 $740 $930 $1,200 $1,400
47541 Evansville, IN-KY MSA $690 $780 $970 $1,260 $1,460
47601 Evansville, IN-KY MSA $640 $720 $900 $1,170 $1,350
47610 Evansville, IN-KY MSA $750 $850 $1,060 $1,370 $1,590
47612 Evansville, IN-KY MSA $670 $750 $940 $1,220 $1,410
47613 Evansville, IN-KY MSA $780 $880 $1,110 $1,430 $1,660
47616 Evansville, IN-KY MSA $630 $710 $890 $1,150 $1,340
47618 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47619 Evansville, IN-KY MSA $620 $700 $880 $1,140 $1,320
47620 Evansville, IN-KY MSA $620 $700 $880 $1,140 $1,320
47629 Evansville, IN-KY MSA $770 $870 $1,090 $1,410 $1,640
47630 Evansville, IN-KY MSA $810 $910 $1,140 $1,480 $1,710
47631 Evansville, IN-KY MSA $720 $820 $1,020 $1,320 $1,530
47633 Evansville, IN-KY MSA $660 $740 $930 $1,200 $1,400
47637 Evansville, IN-KY MSA $610 $690 $860 $1,110 $1,290
47638 Evansville, IN-KY MSA $590 $660 $830 $1,070 $1,240
47639 Evansville, IN-KY MSA $630 $710 $890 $1,150 $1,340
47660 Evansville, IN-KY MSA $770 $870 $1,090 $1,410 $1,640
47701 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47702 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47703 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47704 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47705 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47706 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47708 Evansville, IN-KY MSA $700 $780 $980 $1,270 $1,470
47710 Evansville, IN-KY MSA $620 $700 $870 $1,130 $1,310
47711 Evansville, IN-KY MSA $720 $820 $1,020 $1,320 $1,530
47712 Evansville, IN-KY MSA $720 $810 $1,010 $1,310 $1,520
47713 Evansville, IN-KY MSA $630 $710 $890 $1,150 $1,340
47714 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47715 Evansville, IN-KY MSA $800 $900 $1,120 $1,450 $1,680
47716 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47719 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47720 Evansville, IN-KY MSA $750 $850 $1,060 $1,370 $1,590
47721 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47724 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47725 Evansville, IN-KY MSA $1,040 $1,170 $1,460 $1,890 $2,190
47728 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47730 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47731 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47732 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47733 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47734 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47735 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47736 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47737 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47747 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490
47750 Evansville, IN-KY MSA $700 $790 $990 $1,280 $1,490

2022 Average & Median Rent Data Statistics
EVANSVILLE, IN-KY average 1BR rent: $774, median: $790
EVANSVILLE, IN-KY average 2BR rent: $970, median: $990
EVANSVILLE, IN-KY average 3BR rent: $1,255, median: $1,280

EVANSVILLE, IN-KY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,693 $835,995,000 $226,373
Cash Out Refi 1,134 $123,780,000 $109,153
Home Improvement 612 $40,010,000 $65,376
Refi 564 $123,630,000 $219,202
Other 540 $38,420,000 $71,148
NA 12 $1,170,000 $97,500

Evansville's most frequently cited loan purpose was Home Purchase, with 3,693 originations. The 2nd most popular reason was Cash Out Refi, with 1,134 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 2,167 $410,225,000 $189,305
7-8% 1,563 $288,695,000 $184,706
Over 8% 1,229 $133,295,000 $108,458
5-6% 736 $172,670,000 $234,606
<2.5% 132 $12,390,000 $93,864
4-5% 75 $27,485,000 $366,467
3-4% 44 $3,430,000 $77,955

During 2023, Evansville's most frequently originated rate bucket was 6-7%, with 2,167 originations.

Loan Sizing (EVANSVILLE, IN-KY MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 2,412 $127,950,000 $53,047
$100k-200k 2,289 $335,205,000 $146,442
$200k-400k 1,509 $403,295,000 $267,260
$400k-600k 237 $112,275,000 $473,734
$600k-1000k 81 $59,445,000 $733,889
$Over $1MM 27 $124,835,000 $4,623,519

EVANSVILLE's loan sizing saw the bucket of loans from $100,000 or less with 2,412 originations, totaling $127,950,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,459 $552,195,000 $224,561
60-80% 1,171 $251,155,000 $214,479
Under 20% 943 $40,585,000 $43,038
20-40% 831 $69,335,000 $83,436
40-60% 494 $120,060,000 $243,036
Over 100% 64 $14,270,000 $222,969

EVANSVILLE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,459 originations, totaling $552,195,000 in origination value.