Alexandria Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Alexandria averaged
6.73%
for the week of 2023-12-07, compared to the national average of
7.03% for the same period.
The average rate for the prior week (2023-11-30) was
6.82% and
one month ago for the week of 2023-11-02, the
average rate was 7.56%.
Alexandria's average rate one year ago was 6.29%.
For refis of the same type during the week of 2023-12-07, the average rate
was 6.29%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-12-07 | 7.03% |
Alexandria 30 Year Fixed Rate | 2023-12-07 | 6.73% |
Alexandria 30 Year Fixed Rate Refi | 2023-12-07 | 6.29% |
Alexandria 15 Year Fixed Rate | 2023-12-07 | 6.29% |
Alexandria 15 Year Fixed Rate Refi | 2023-12-07 | 6.79% |
Alexandria 30 Year FHA | 2023-12-07 | 6.82% |
Alexandria 30 Year FHA Refi | 2023-12-07 | 6.92% |
Alexandria 30 Year USDA | 2023-12-07 | 6.62% |
Alexandria 30 Year USDA Refi | 2023-12-07 | 7.02% |
Alexandria 30 Year VA | 2023-12-07 | 6.54% |
Alexandria 30 Year VA Refi | 2023-12-07 | 6.74% |
Alexandria 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 Alexandria, MN 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.).
Alexandria Average Closing Costs & Other Stats
Alexandria, MN's 84 lenders originated 903
loans during 2022. The total origination value was $224,875,000, with an average loan value of
$249,031.
Alexandria's average closing costs are $4,640.
The top Alexandria lender as defined by loan originations is Bell Bank, with
49 loans originated. Their average total fees are
$4,672, which is $1,005
higher than the next largest lender,
First Western Bank & Trust.
The lowest fee Alexandria lenders (with over 10 loans originated) are
CENTRAL MINNESOTA Credit Union ($3,336), First Western Bank & Trust ($3,667), Wells Fargo Bank ($4,487), Bell Bank ($4,672) and Truist ($5,188).
The lowest rate Alexandria lenders (with over 10 loans originated) are
Truist (4.26%), Gate City Bank (4.27%), CENTRAL MINNESOTA Credit Union (4.65%), Bell Bank (4.73%) and First Western Bank & Trust (4.77%).
Alexandria, MN 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 |
---|---|---|---|---|
First Western Bank & Trust | $31,785,000 | $39,420,000 | 24.0% | 17.5% |
Bell Bank | $48,095,000 | $25,515,000 | -46.9% | 11.3% |
Bremer Bank | $36,450,000 | $18,720,000 | -48.6% | 8.3% |
Gate City Bank | $17,550,000 | $11,580,000 | -34.0% | 5.1% |
U.S. Bank | $13,185,000 | $10,500,000 | -20.4% | 4.7% |
QUICKEN LOANS, LLC | $25,620,000 | $7,020,000 | -72.6% | 3.1% |
UNITED WHOLESALE MORTGAGE, LLC | $13,985,000 | $6,660,000 | -52.4% | 3.0% |
Wells Fargo Bank | $15,160,000 | $5,950,000 | -60.8% | 2.6% |
Truist | $7,095,000 | $5,065,000 | -28.6% | 2.3% |
PENNYMAC LOAN SERVICES, LLC | $8,115,000 | $4,030,000 | -50.3% | 1.8% |
PLAZA HOME MORTGAGE, INC. | $1,030,000 | $3,710,000 | 260.2% | 1.6% |
American National Bank of Minnesota | $10,615,000 | $3,545,000 | -66.6% | 1.6% |
CENTRAL MINNESOTA Credit Union | $7,155,000 | $2,875,000 | -59.8% | 1.3% |
LOANDEPOT.COM, LLC | $4,850,000 | $2,615,000 | -46.1% | 1.2% |
AFFINITY PLUS | $3,545,000 | $2,580,000 | -27.2% | 1.1% |
TRUSTONE FINANCIAL FEDERAL CREDIT UNION | $2,400,000 | $2,290,000 | -4.6% | 1.0% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $2,850,000 | $2,275,000 | -20.2% | 1.0% |
Merchants Bank | $6,455,000 | $2,250,000 | -65.1% | 1.0% |
CRESCENT MORTGAGE COMPANY | $13,205,000 | $1,985,000 | -85.0% | 0.9% |
Old National Bank | $895,000 | $1,855,000 | 107.3% | 0.8% |
WINGS FINANCIAL | $9,455,000 | $1,795,000 | -81.0% | 0.8% |
CROSSCOUNTRY MORTGAGE, LLC | $1,440,000 | $1,745,000 | 21.2% | 0.8% |
Tradition Capital Bank | $1,740,000 | n/a | 0.8% | |
Flagstar Bank, FSB | $5,930,000 | $1,665,000 | -71.9% | 0.7% |
Mortgage Research Center, LLC | $4,355,000 | $1,600,000 | -63.3% | 0.7% |
Tradition Mortgage, LLC | $2,005,000 | $1,565,000 | -21.9% | 0.7% |
HOME POINT FINANCIAL CORPORATION | $3,715,000 | $1,545,000 | -58.4% | 0.7% |
HOMEOWNERS FINANCIAL GROUP USA, LLC | $2,020,000 | $1,450,000 | -28.2% | 0.6% |
FREEDOM MORTGAGE CORPORATION | $6,545,000 | $1,415,000 | -78.4% | 0.6% |
Think Mutual Bank | $940,000 | $1,355,000 | 44.1% | 0.6% |
EVERETT FINANCIAL, INC. | $1,335,000 | n/a | 0.6% | |
Bank of America | $145,000 | $1,295,000 | 793.1% | 0.6% |
Neighborhood National Bank | $2,930,000 | $1,290,000 | -56.0% | 0.6% |
Northview Bank | $790,000 | $1,200,000 | 51.9% | 0.5% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $2,140,000 | $1,190,000 | -44.4% | 0.5% |
First Bank & Trust | $1,375,000 | $1,170,000 | -14.9% | 0.5% |
American Mortgage & Equity Consultants, Inc. | $2,175,000 | $1,165,000 | -46.4% | 0.5% |
GUARANTEED RATE, INC. | $2,145,000 | $1,030,000 | -52.0% | 0.5% |
Midwest Bank | $2,305,000 | $1,000,000 | -56.6% | 0.4% |
American Federal Bank | $755,000 | $980,000 | 29.8% | 0.4% |
NEW DAY FINANCIAL, LLC | $1,190,000 | $965,000 | -18.9% | 0.4% |
BROKER SOLUTIONS, INC. | $6,445,000 | $955,000 | -85.2% | 0.4% |
Heritage Bank | $770,000 | $895,000 | 16.2% | 0.4% |
USAA Federal Savings Bank | $550,000 | $855,000 | 55.5% | 0.4% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $825,000 | n/a | 0.4% | |
First Resource Bank | $2,960,000 | $750,000 | -74.7% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $745,000 | n/a | 0.3% | |
MOVEMENT MORTGAGE, LLC | $735,000 | n/a | 0.3% | |
RiverWood Bank | $1,380,000 | $720,000 | -47.8% | 0.3% |
TOWN AND COUNTRY Credit Union | $560,000 | $720,000 | 28.6% | 0.3% |
Cambria Financial Group, LLC | $585,000 | $645,000 | 10.3% | 0.3% |
AMERICAN INTERNET MORTGAGE, INC. | $840,000 | $635,000 | -24.4% | 0.3% |
Core Bank | $635,000 | n/a | 0.3% | |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $480,000 | $620,000 | 29.2% | 0.3% |
BETTER MORTGAGE CORPORATION | $925,000 | $620,000 | -33.0% | 0.3% |
The Huntington National Bank | $305,000 | $605,000 | 98.4% | 0.3% |
Frandsen Bank & Trust | $1,210,000 | $580,000 | -52.1% | 0.3% |
PLANET HOME LENDING, LLC | $565,000 | n/a | 0.3% | |
S1L, Inc. | $555,000 | n/a | 0.2% | |
Prosperity Home Mortgage, LLC | $3,400,000 | $540,000 | -84.1% | 0.2% |
NEWREZ LLC | $740,000 | $525,000 | -29.1% | 0.2% |
Morgan Stanley Private Bank | $515,000 | $515,000 | 0.0% | 0.2% |
AgCountry Farm Credit Services, FLCA | $455,000 | $505,000 | 11.0% | 0.2% |
Mr. Cooper ( Nationstar Mortgage ) | $2,990,000 | $505,000 | -83.1% | 0.2% |
Carrington Mortgage Services, LLC | $590,000 | $500,000 | -15.3% | 0.2% |
Dacotah Bank | $495,000 | n/a | 0.2% | |
Deerwood Bank | $995,000 | $495,000 | -50.3% | 0.2% |
Sherburne State Bank | $195,000 | $465,000 | 138.5% | 0.2% |
Liberty Savings Bank, F.S.B. | $455,000 | n/a | 0.2% | |
THRIVENT Federal Credit Union | $1,600,000 | $455,000 | -71.6% | 0.2% |
Bank Forward | $445,000 | n/a | 0.2% | |
IOWA BANKERS MORTGAGE CORPORATION | $430,000 | $445,000 | 3.5% | 0.2% |
Northwest Bank | $415,000 | n/a | 0.2% | |
Bank of England | $75,000 | $410,000 | 446.7% | 0.2% |
CALIBER HOME LOANS, INC. | $2,475,000 | $410,000 | -83.4% | 0.2% |
Alerus Financial | $2,930,000 | $390,000 | -86.7% | 0.2% |
LAKEVIEW LOAN SERVICING, LLC | $1,780,000 | $390,000 | -78.1% | 0.2% |
Liberty Bank Minnesota | $1,600,000 | $375,000 | -76.6% | 0.2% |
AMERISAVE MORTGAGE CORPORATION | $3,515,000 | $365,000 | -89.6% | 0.2% |
Hometown Lenders, Inc. | $365,000 | n/a | 0.2% | |
AMERIFIRST FINANCIAL CORPORATION | $355,000 | n/a | 0.2% | |
BankVista | $840,000 | $355,000 | -57.7% | 0.2% |
HomeTown Bank | $1,245,000 | $355,000 | -71.5% | 0.2% |
MINNCO CREDIT UNION | $355,000 | n/a | 0.2% | |
Bank of the West | $690,000 | $345,000 | -50.0% | 0.2% |
INTERCAP LENDING INC. | $345,000 | n/a | 0.2% | |
Goldwater Bank, N.A. | $715,000 | $315,000 | -55.9% | 0.1% |
MORTGAGE ACCESS CORP. | $315,000 | n/a | 0.1% | |
Pinnacle Bank | $305,000 | n/a | 0.1% | |
MEGASTAR FINANCIAL CORP. | $380,000 | $300,000 | -21.1% | 0.1% |
Plains Commerce Bank | $1,255,000 | $280,000 | -77.7% | 0.1% |
EAGLE HOME MORTGAGE, LLC | $265,000 | n/a | 0.1% | |
Home Federal Savings Bank | $265,000 | n/a | 0.1% | |
North American Savings Bank, F.S.B. | $265,000 | n/a | 0.1% | |
Servion, Inc. | $2,570,000 | $260,000 | -89.9% | 0.1% |
CANOPY MORTGAGE, LLC | $255,000 | n/a | 0.1% | |
GUARANTY HOME MORTGAGE CORPORATION | $810,000 | $255,000 | -68.5% | 0.1% |
Royal Credit Union | $255,000 | n/a | 0.1% | |
SIRVA MORTGAGE, INC. | $545,000 | $255,000 | -53.2% | 0.1% |
The Federal Savings Bank | $1,375,000 | $245,000 | -82.2% | 0.1% |
UNION HOME MORTGAGE CORP. | $245,000 | n/a | 0.1% | |
Discover Bank | $120,000 | $235,000 | 95.8% | 0.1% |
AMERICAN ADVISORS GROUP | $230,000 | n/a | 0.1% | |
Citizens Bank Minnesota | $760,000 | $225,000 | -70.4% | 0.1% |
CMG MORTGAGE, INC. | $1,020,000 | $225,000 | -77.9% | 0.1% |
NETWORK CAPITAL FUNDING CORPORATION | $225,000 | n/a | 0.1% | |
Ally Bank | $215,000 | n/a | 0.1% | |
GENISYS | $205,000 | n/a | 0.1% | |
Ixonia Bank | $205,000 | n/a | 0.1% | |
Union State Bank of Fargo | $205,000 | n/a | 0.1% | |
VISIONBank | $205,000 | n/a | 0.1% | |
OCMBC, INC. | $200,000 | n/a | 0.1% | |
ACADEMY MORTGAGE CORPORATION | $105,000 | $195,000 | 85.7% | 0.1% |
SUN WEST MORTGAGE COMPANY, INC. | $155,000 | $195,000 | 25.8% | 0.1% |
American Heritage National Bank | $185,000 | n/a | 0.1% | |
Dakota Community Bank & Trust | $185,000 | n/a | 0.1% | |
Minnwest Bank | $335,000 | $185,000 | -44.8% | 0.1% |
Wyndham Capital Mortgage, Inc. | $580,000 | $185,000 | -68.1% | 0.1% |
TOPLINE FEDERAL CREDIT UNION | $705,000 | $180,000 | -74.5% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $1,120,000 | $175,000 | -84.4% | 0.1% |
M&T Bank | $175,000 | n/a | 0.1% | |
NAVY FEDERAL CREDIT UNION | $1,120,000 | $175,000 | -84.4% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $165,000 | n/a | 0.1% | |
FIRST COMMUNITY CREDIT UNION | $225,000 | $155,000 | -31.1% | 0.1% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $155,000 | n/a | 0.1% | |
Paramount Residential Mortgage Group, Inc. | $770,000 | $155,000 | -79.9% | 0.1% |
SPIRE Credit Union | $155,000 | n/a | 0.1% | |
Lend Smart Mortgage, LLC | $785,000 | $135,000 | -82.8% | 0.1% |
Associated Bank | $125,000 | n/a | 0.1% | |
Century Mortgage Company DBA Century Lending Company | $125,000 | n/a | 0.1% | |
Unison Bank | $555,000 | $120,000 | -78.4% | 0.1% |
LONGBRIDGE FINANCIAL, LLC | $115,000 | n/a | 0.1% | |
MidWestOne Bank | $225,000 | $115,000 | -48.9% | 0.1% |
Chicago Mortgage Solutions LLC | $195,000 | $105,000 | -46.2% | 0.0% |
Figure Lending LLC | $105,000 | n/a | 0.0% | |
MID AMERICA MORTGAGE, INC. | $245,000 | $105,000 | -57.1% | 0.0% |
JPMorgan Chase Bank | $1,220,000 | $95,000 | -92.2% | 0.0% |
MAYO EMPLOYEES FEDERAL CREDIT UNION | $95,000 | n/a | 0.0% | |
American Investors Bank and Mortgage | $75,000 | n/a | 0.0% | |
NOVATION CREDIT UNION | $75,000 | n/a | 0.0% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $915,000 | $75,000 | -91.8% | 0.0% |
ROYAL UNITED MORTGAGE LLC | $65,000 | n/a | 0.0% | |
First International Bank & Trust | $5,825,000 | $55,000 | -99.1% | 0.0% |
ST. CLOUD FINANCIAL | $175,000 | $25,000 | -85.7% | 0.0% |
HIWAY | $760,000 | $15,000 | -98.0% | 0.0% |
Alexandria's top lender by overall market share is First Western Bank & Trust, with 17.5% market share. In second place, with 11.3%, is Bell Bank, having originated $25,515,000 in loans. In third place, with 8.3%, is Bremer Bank, having originated $18,720,000 in loans. In fourth place, with 5.1%, is Gate City Bank, having originated $11,580,000 in loans. In fifth place, with 4.7%, is U.S. Bank, having originated $10,500,000 in loans.
Alexandria Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Alexandria (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 | $249,900 (8.8%) | $288,635 (4.2%) | 0.00 | 195 |
2018-02-01 | $249,900 (6.1%) | $292,205 (2.9%) | 0.00 | 199 |
2018-03-01 | $257,000 (4.4%) | $308,598 (4.3%) | 0.00 | 207 |
2018-04-01 | $265,950 (3.7%) | $312,167 (3.1%) | 0.00 | 232 |
2018-05-01 | $272,675 (9.1%) | $327,935 (8.7%) | 0.00 | 272 |
2018-06-01 | $269,900 (7.0%) | $327,272 (8.2%) | 0.00 | 300 |
2018-07-01 | $263,025 (2.7%) | $320,400 (0.6%) | 0.00 | 313 |
2018-08-01 | $266,750 (2.6%) | $319,738 (-1.3%) | 0.00 | 330 |
2018-09-01 | $264,950 (2.1%) | $315,160 (-3.0%) | 0.00 | 346 |
2018-10-01 | $273,950 (9.6%) | $315,930 (4.1%) | 0.00 | 297 |
2018-11-01 | $277,500 (11.0%) | $316,317 (4.5%) | 0.00 | 249 |
2018-12-01 | $279,900 (12.0%) | $329,281 (12.0%) | 0.00 | 202 |
2019-01-01 | $279,375 (11.8%) | $315,816 (9.4%) | 0.00 | 177 |
2019-02-01 | $277,000 (10.8%) | $315,105 (7.8%) | 0.00 | 171 |
2019-03-01 | $284,186 (10.6%) | $323,421 (4.8%) | 0.00 | 187 |
2019-04-01 | $289,900 (9.0%) | $333,288 (6.8%) | 0.00 | 216 |
2019-05-01 | $284,900 (4.5%) | $321,555 (-2.0%) | 0.00 | 255 |
2019-06-01 | $274,900 (1.9%) | $318,104 (-2.8%) | 0.00 | 265 |
2019-07-01 | $271,350 (3.2%) | $312,958 (-2.3%) | 0.00 | 261 |
2019-08-01 | $276,973 (3.8%) | $317,308 (-0.8%) | 0.00 | 260 |
2019-09-01 | $281,432 (6.2%) | $321,156 (1.9%) | 0.00 | 251 |
2019-10-01 | $285,200 (4.1%) | $324,090 (2.6%) | 0.00 | 243 |
2019-11-01 | $294,950 (6.3%) | $330,863 (4.6%) | 0.00 | 213 |
2019-12-01 | $288,925 (3.2%) | $327,795 (-0.5%) | 0.00 | 189 |
2020-01-01 | $288,900 (3.4%) | $317,282 (0.5%) | 0.00 | 148 |
2020-02-01 | $293,450 (5.9%) | $325,169 (3.2%) | 0.00 | 144 |
2020-03-01 | $299,900 (5.5%) | $333,156 (3.0%) | 0.00 | 156 |
2020-04-01 | $304,950 (5.2%) | $340,394 (2.1%) | 0.00 | 173 |
2020-05-01 | $309,000 (8.5%) | $349,361 (8.7%) | 0.00 | 193 |
2020-06-01 | $304,425 (10.7%) | $346,123 (8.8%) | 0.00 | 184 |
2020-07-01 | $315,900 (16.4%) | $342,704 (9.5%) | 0.00 | 169 |
2020-08-01 | $319,950 (15.5%) | $353,085 (11.3%) | 0.00 | 168 |
2020-09-01 | $317,950 (13.0%) | $354,701 (10.5%) | 0.00 | 154 |
2020-10-01 | $315,000 (10.5%) | $367,161 (13.3%) | 0.00 | 139 |
2020-11-01 | $299,900 (1.7%) | $346,932 (4.9%) | 0.00 | 101 |
2020-12-01 | $299,900 (3.8%) | $364,998 (11.4%) | 0.00 | 79 |
2021-01-01 | $299,900 (3.8%) | $353,081 (11.3%) | 0.00 | 60 |
2021-02-01 | $288,925 (-1.5%) | $349,147 (7.4%) | 0.00 | 63 |
2021-03-01 | $289,175 (-3.6%) | $350,731 (5.3%) | 0.00 | 50 |
2021-04-01 | $293,700 (-3.7%) | $385,181 (13.2%) | 0.00 | 55 |
2021-05-01 | $299,900 (-2.9%) | $373,931 (7.0%) | 0.00 | 64 |
2021-06-01 | $303,225 (-0.4%) | $368,559 (6.5%) | 0.00 | 85 |
2021-07-01 | $298,000 (-5.7%) | $368,592 (7.6%) | 0.00 | 90 |
2021-08-01 | $303,725 (-5.1%) | $373,224 (5.7%) | 0.00 | 104 |
2021-09-01 | $314,250 (-1.2%) | $364,135 (2.7%) | 0.00 | 109 |
2021-10-01 | $299,950 (-4.8%) | $375,928 (2.4%) | 0.00 | 83 |
2021-11-01 | $298,000 (-0.6%) | $382,666 (10.3%) | 0.00 | 64 |
2021-12-01 | $259,950 (-13.3%) | $351,820 (-3.6%) | 0.00 | 51 |
2022-01-01 | $225,000 (-25.0%) | $332,723 (-5.8%) | 0.00 | 40 |
2022-02-01 | $246,450 (-14.7%) | $346,520 (-0.8%) | 0.00 | 34 |
2022-03-01 | $272,950 (-5.6%) | $340,595 (-2.9%) | 0.00 | 41 |
2022-04-01 | $297,450 (1.3%) | $422,670 (9.7%) | 0.00 | 50 |
2022-05-01 | $317,975 (6.0%) | $446,217 (19.3%) | 0.00 | 62 |
2022-06-01 | $312,450 (3.0%) | $466,911 (26.7%) | 0.00 | 78 |
2022-07-01 | $319,900 (7.4%) | $461,892 (25.3%) | 0.00 | 94 |
2022-08-01 | $345,925 (13.9%) | $490,802 (31.5%) | 0.00 | 91 |
2022-09-01 | $334,000 (6.3%) | $443,391 (21.8%) | 0.00 | 86 |
2022-10-01 | $329,000 (9.7%) | $451,209 (20.0%) | 0.00 | 82 |
2022-11-01 | $313,700 (5.3%) | $468,012 (22.3%) | 0.00 | 66 |
2022-12-01 | $307,500 (18.3%) | $438,613 (24.7%) | 0.00 | 59 |
2023-01-01 | $308,500 (37.1%) | $369,708 (11.1%) | 0.00 | 48 |
2023-02-01 | $308,750 (25.3%) | $399,053 (15.2%) | 0.00 | 45 |
2023-03-01 | $339,000 (24.2%) | $393,610 (15.6%) | 0.00 | 47 |
2023-04-01 | $397,450 (33.6%) | $442,114 (4.6%) | 0.00 | 42 |
2023-05-01 | $397,400 (25.0%) | $448,441 (0.5%) | 0.00 | 64 |
2023-06-01 | $420,950 (34.7%) | $505,445 (8.3%) | 0.00 | 88 |
2023-07-01 | $419,900 (31.3%) | $479,050 (3.7%) | 0.00 | 96 |
2023-08-01 | $397,450 (14.9%) | $468,243 (-4.6%) | 0.00 | 106 |
2023-09-01 | $388,700 (16.4%) | $445,381 (0.5%) | 0.00 | 115 |
2023-10-01 | $386,850 (17.6%) | $449,127 (-0.5%) | 0.00 | 110 |
2023-11-01 | $391,000 (24.6%) | $450,927 (-3.7%) | 0.00 | 98 |
Alexandria's median listing price comes in at 0% of the national average.
Alexandria's average listing price for 2023-11-01 was $450,927, a difference of $-17,085 (-3.7%) versus the prior year and $1,800 versus the prior month.
For the 2023-11-01 period, Alexandria had 98 MLS listings, a difference of -12 listings (-11%) versus the prior month and 32 listings (48%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Alexandria (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,944 sqft |
2018-02-01 | 0 days | 2,065 sqft |
2018-03-01 | 0 days | 2,091 sqft |
2018-04-01 | 0 days | 2,105 sqft |
2018-05-01 | 0 days | 2,028 sqft |
2018-06-01 | 0 days | 1,917 sqft |
2018-07-01 | 0 days | 1,922 sqft |
2018-08-01 | 0 days | 1,935 sqft |
2018-09-01 | 0 days | 1,934 sqft |
2018-10-01 | 0 days | 1,968 sqft |
2018-11-01 | 0 days | 1,873 sqft |
2018-12-01 | 0 days | 1,991 sqft |
2019-01-01 | 0 days | 1,960 sqft |
2019-02-01 | 0 days | 1,914 sqft |
2019-03-01 | 0 days | 1,938 sqft |
2019-04-01 | 0 days | 1,956 sqft |
2019-05-01 | 0 days | 1,858 sqft |
2019-06-01 | 0 days | 1,820 sqft |
2019-07-01 | 0 days | 1,820 sqft |
2019-08-01 | 0 days | 1,855 sqft |
2019-09-01 | 0 days | 1,909 sqft |
2019-10-01 | 0 days | 1,935 sqft |
2019-11-01 | 0 days | 1,920 sqft |
2019-12-01 | 0 days | 1,905 sqft |
2020-01-01 | 0 days | 1,825 sqft |
2020-02-01 | 0 days | 1,854 sqft |
2020-03-01 | 0 days | 1,880 sqft |
2020-04-01 | 0 days | 1,884 sqft |
2020-05-01 | 0 days | 1,992 sqft |
2020-06-01 | 0 days | 2,015 sqft |
2020-07-01 | 0 days | 2,051 sqft |
2020-08-01 | 0 days | 2,147 sqft |
2020-09-01 | 0 days | 2,267 sqft |
2020-10-01 | 0 days | 2,260 sqft |
2020-11-01 | 0 days | 2,005 sqft |
2020-12-01 | 0 days | 1,953 sqft |
2021-01-01 | 0 days | 1,788 sqft |
2021-02-01 | 0 days | 1,820 sqft |
2021-03-01 | 0 days | 1,821 sqft |
2021-04-01 | 0 days | 1,946 sqft |
2021-05-01 | 0 days | 1,808 sqft |
2021-06-01 | 0 days | 1,905 sqft |
2021-07-01 | 0 days | 2,031 sqft |
2021-08-01 | 0 days | 1,940 sqft |
2021-09-01 | 0 days | 1,916 sqft |
2021-10-01 | 0 days | 1,872 sqft |
2021-11-01 | 0 days | 1,952 sqft |
2021-12-01 | 0 days | 1,785 sqft |
2022-01-01 | 0 days | 1,823 sqft |
2022-02-01 | 0 days | 2,048 sqft |
2022-03-01 | 0 days | 1,974 sqft |
2022-04-01 | 0 days | 2,016 sqft |
2022-05-01 | 0 days | 1,653 sqft |
2022-06-01 | 0 days | 1,702 sqft |
2022-07-01 | 0 days | 1,642 sqft |
2022-08-01 | 0 days | 1,825 sqft |
2022-09-01 | 0 days | 1,590 sqft |
2022-10-01 | 0 days | 1,792 sqft |
2022-11-01 | 0 days | 1,709 sqft |
2022-12-01 | 0 days | 1,623 sqft |
2023-01-01 | 0 days | 1,624 sqft |
2023-02-01 | 0 days | 1,690 sqft |
2023-03-01 | 0 days | 1,724 sqft |
2023-04-01 | 0 days | 1,665 sqft |
2023-05-01 | 0 days | 1,750 sqft |
2023-06-01 | 0 days | 1,954 sqft |
2023-07-01 | 0 days | 2,029 sqft |
2023-08-01 | 0 days | 2,100 sqft |
2023-09-01 | 0 days | 2,081 sqft |
2023-10-01 | 0 days | 2,059 sqft |
2023-11-01 | 0 days | 2,018 sqft |
Alexandria's median square footage for active listings during the 2023-11-01 period was 2,018 sqft. One year prior, the average listing was 1,709 sqft.
Alexandria, MN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 439 | $140,655,000 | $320,399 |
Refi | 156 | $32,280,000 | $206,923 |
Cash Out Refi | 142 | $35,020,000 | $246,620 |
Other | 89 | $8,975,000 | $100,843 |
Home Improvement | 77 | $7,945,000 | $103,182 |
Alexandria's most frequently cited loan purpose was Home Purchase, with 439 originations. The 2nd most popular reason was Refi, with 156 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 221 | $54,845,000 | $248,167 |
4-5% | 220 | $53,840,000 | $244,727 |
5-6% | 206 | $64,550,000 | $313,350 |
6-7% | 95 | $14,325,000 | $150,789 |
2.5-3% | 47 | $13,005,000 | $276,702 |
7-8% | 30 | $4,670,000 | $155,667 |
<2.5% | 21 | $6,545,000 | $311,667 |
Over 8% | 18 | $2,010,000 | $111,667 |
During 2022, Alexandria's most frequently originated rate bucket was 3-4%, with 221 originations.
Loan Sizing (Alexandria, MN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 309 | $85,125,000 | $275,485 |
$100k-200k | 269 | $39,595,000 | $147,193 |
$100,000 or less | 209 | $10,895,000 | $52,129 |
$400k-600k | 81 | $38,925,000 | $480,556 |
$600k-1000k | 29 | $21,345,000 | $736,034 |
$Over $1MM | 6 | $28,990,000 | $4,831,667 |
Alexandria's loan sizing saw the bucket of loans from $200k-400k with 309 originations, totaling $85,125,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 280 | $82,130,000 | $293,321 |
60-80% | 204 | $83,840,000 | $410,980 |
Under 20% | 140 | $6,890,000 | $49,214 |
20-40% | 116 | $15,500,000 | $133,621 |
40-60% | 110 | $23,010,000 | $209,182 |
Over 100% | 7 | $2,045,000 | $292,143 |
Alexandria's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 280 originations, totaling $82,130,000 in origination value.