Auburn Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Auburn averaged 7.17% for the week of 2023-09-21, compared to the national average of 7.19% for the same period.

    The average rate for the prior week (2023-09-14) was 7.36% and one month ago for the week of 2023-08-17, the average rate was 7.07%.

    Auburn's average rate one year ago was 6.1%.

    For refis of the same type during the week of 2023-09-21, the average rate was 7.29%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-21 7.19%
    Auburn 30 Year Fixed Rate 2023-09-21 7.17%
    Auburn 30 Year Fixed Rate Refi 2023-09-21 7.29%
    Auburn 15 Year Fixed Rate 2023-09-21 6.54%
    Auburn 15 Year Fixed Rate Refi 2023-09-21 6.44%
    Auburn 30 Year FHA 2023-09-21 6.73%
    Auburn 30 Year FHA Refi 2023-09-21 7.24%
    Auburn 30 Year USDA 2023-09-21 7.12%
    Auburn 30 Year USDA Refi 2023-09-21 6.82%
    Auburn 30 Year VA 2023-09-21 6.72%
    Auburn 30 Year VA Refi 2023-09-21 6.62%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Auburn, IN.

    Auburn 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 Auburn, 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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    RUOFF MORTGAGE COMPANY, INC. 91 5.30% $2,993
    Three Rivers Federal Credit Union 51 4.77% $2,506
    Flagstar Bank, FSB 25 4.88% $3,745
    ProFed Federal Credit Union 25 4.87% $2,366
    GVC MORTGAGE, INC. 21 5.85% $4,700
    QUICKEN LOANS, LLC 18 5.11% $5,135
    TEACHERS CREDIT UNION 16 5.18% $2,590
    HALLMARK HOME MORTGAGE, LLC 13 5.52% $3,395
    JPMorgan Chase Bank 12 5.40% $3,984
    Fifth Third Bank 10 5.50% $3,219
    FORT FINANCIAL Federal Credit Union 9 4.68% $2,424
    LOANDEPOT.COM, LLC 9 5.39% $5,340
    Union Savings Bank 8 3.91% $661
    Horizon Bank 8 5.86% $2,240
    The State Bank and Trust Company 8 4.31% $3,775
    First Merchants Bank 7 4.52% $3,444
    BEACON CREDIT UNION 7 4.59% $2,199
    Farmers State Bank 6 4.82% $2,432
    ROYAL UNITED MORTGAGE LLC 6 6.21% $6,660
    PNC Bank 6 6.00% $3,201
    MID AMERICA MORTGAGE, INC. 5 4.78% $3,475
    First Federal Bank of the Midwest 4 5.44% $2,689
    The Farmers & Merchants State Bank 4 4.94% $2,939
    The Huntington National Bank 4 5.56% $2,516
    MIDWEST AMERICA 4 5.03% $3,155
    1st Source Bank 4 5.03% $2,890
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 4 5.91% $4,001
    Farm Credit Mid-America, ACA 3 5.91% $5,025
    ACADEMY MORTGAGE CORPORATION 3 5.17% $4,477
    BROKER SOLUTIONS, INC. 3 6.21% $4,493
    CALIBER HOME LOANS, INC. 3 3.83% $5,172
    Carrington Mortgage Services, LLC 3 5.25% $5,360
    Lake City Bank 3 4.63% $2,812
    Mr. Cooper ( Nationstar Mortgage ) 3 5.66% $5,419
    Nations Lending Corporation 3 6.04% $5,181
    SUCCESS MORTGAGE PARTNERS, INC. 2 4.69% $2,754
    BETTER MORTGAGE CORPORATION 2 4.13% $4,901
    POLARIS HOME FUNDING CORP. 2 4.50% $5,262
    INTERRA CREDIT UNION 2 6.88% $2,649
    AMERISAVE MORTGAGE CORPORATION 2 3.81% $12,495
    PARTNERS 1ST Federal Credit Union 2 6.38% $2,451
    V.I.P. MORTGAGE, INC. 2 5.25% $4,675
    Wells Fargo Bank 2 5.06% $3,610
    CROSSCOUNTRY MORTGAGE, LLC 2 6.19% $2,966
    VAN DYK MORTGAGE CORPORATION 2 5.00% $1,737
    CARDINAL FINANCIAL 2 5.00% $3,989
    GENEVA FINANCIAL, LLC 2 5.50% $3,545
    ENDEAVOR CAPITAL, LLC. 2 5.31% $4,712
    ZILLOW HOME LOANS, LLC 1 3.75% $6,050
    NEWREZ LLC 1 6.88% $4,856
    Northpointe Bank 1 6.63% $10,456
    Paramount Residential Mortgage Group, Inc. 1 4.38% $3,451
    PENNYMAC LOAN SERVICES, LLC 1 6.50% $7,070
    PHH Mortgage Corporation 1 5.50% $4,990
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.75% $2,950
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 5.50% $3,073
    DAS Acquisition Company, LLC 1 4.50% $3,625
    Crossroads Bank 1 5.00% $1,748
    STAR Financial Bank 1 3.13% $2,750
    Bank of England 1 5.50% $3,087
    Associated Bank 1 3.50% $2,044
    AMERICAN MORTGAGE SERVICE COMPANY 1 5.63% $2,427
    THRIVE MORTGAGE, LLC 1 7.75% $3,600
    UNION HOME MORTGAGE CORP. 1 6.25% $2,669
    AMERICAN FINANCING CORPORATION 1 4.99% $5,361
    GUARANTEED RATE, INC. 1 5.75% $3,351
    HOME POINT FINANCIAL CORPORATION 1 5.99% $7,948
    Gateway First Bank 1 5.88% $3,358
    HOMESIDE FINANCIAL, LLC 1 3.99% $3,649
    Honor Credit Union 1 5.13% $2,011
    FREEDOM MORTGAGE CORPORATION 1 3.38% $2,972
    First Federal Savings Bank 1 6.00% $3,230
    First Federal Savings Bank 1 6.00% $2,729
    MEMBER FIRST MORTGAGE, LLC 1 3.75% $2,435
    Merchants Bank of Indiana 1 7.00% $1,158
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 2.88% $1,847
    EVANSVILLE TEACHERS 1 6.88% $2,465
    MJW Financial LLC 1 6.25% $2,758
    Morgan Stanley Private Bank 1 3.55% $2,352
    Mortgage Research Center, LLC 1 5.88% $2,680

    Auburn Average Closing Costs & Other Stats

    Auburn, IN's 80 lenders originated 1,362 loans during 2022. The total origination value was $211,240,000, with an average loan value of $155,095.

    Auburn's average closing costs are $3,390.

    The top Auburn lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 91 loans originated. Their average total fees are $2,993, which is $487 higher than the next largest lender, Three Rivers Federal Credit Union.

    The lowest fee Auburn lenders (with over 10 loans originated) are ProFed Federal Credit Union ($2,366), Three Rivers Federal Credit Union ($2,506), TEACHERS CREDIT UNION ($2,590), RUOFF MORTGAGE COMPANY, INC. ($2,993) and Fifth Third Bank ($3,219).

    The lowest rate Auburn lenders (with over 10 loans originated) are Three Rivers Federal Credit Union (4.77%), ProFed Federal Credit Union (4.87%), Flagstar Bank, FSB (4.88%), QUICKEN LOANS, LLC (5.11%) and TEACHERS CREDIT UNION (5.18%).

    Auburn, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    RUOFF MORTGAGE COMPANY, INC. $53,990,000 $28,650,000 -46.9% 13.6%
    Three Rivers Federal Credit Union $33,955,000 $27,345,000 -19.5% 12.9%
    The Garrett State Bank $19,140,000 $10,565,000 -44.8% 5.0%
    GVC MORTGAGE, INC. $10,705,000 $9,120,000 -14.8% 4.3%
    ProFed Federal Credit Union $15,745,000 $8,720,000 -44.6% 4.1%
    QUICKEN LOANS, LLC $18,435,000 $7,390,000 -59.9% 3.5%
    Flagstar Bank, FSB $5,820,000 $6,830,000 17.4% 3.2%
    Horizon Bank $4,585,000 $5,715,000 24.6% 2.7%
    HALLMARK HOME MORTGAGE, LLC $8,970,000 $5,615,000 -37.4% 2.7%
    TEACHERS CREDIT UNION $3,350,000 $4,600,000 37.3% 2.2%
    PNC Bank $4,485,000 $4,415,000 -1.6% 2.1%
    The State Bank and Trust Company $3,320,000 $4,415,000 33.0% 2.1%
    Fifth Third Bank $4,135,000 $3,925,000 -5.1% 1.9%
    First Merchants Bank $6,435,000 $3,740,000 -41.9% 1.8%
    The Farmers & Merchants State Bank $2,310,000 $3,205,000 38.7% 1.5%
    V.I.P. MORTGAGE, INC. $2,280,000 $3,035,000 33.1% 1.4%
    JPMorgan Chase Bank $3,360,000 $2,855,000 -15.0% 1.4%
    Mortgage Research Center, LLC $2,700,000 $2,850,000 5.6% 1.3%
    BEACON CREDIT UNION $5,875,000 $2,820,000 -52.0% 1.3%
    MID AMERICA MORTGAGE, INC. $3,660,000 $2,770,000 -24.3% 1.3%
    Lake City Bank $5,655,000 $2,700,000 -52.3% 1.3%
    FORT FINANCIAL Federal Credit Union $3,825,000 $2,545,000 -33.5% 1.2%
    The Campbell & Fetter Bank $3,405,000 $2,460,000 -27.8% 1.2%
    Union Savings Bank $5,560,000 $2,400,000 -56.8% 1.1%
    LOANDEPOT.COM, LLC $3,320,000 $2,285,000 -31.2% 1.1%
    CROSSCOUNTRY MORTGAGE, LLC $1,915,000 $2,110,000 10.2% 1.0%
    VAN DYK MORTGAGE CORPORATION $3,455,000 $1,860,000 -46.2% 0.9%
    PARTNERS 1ST Federal Credit Union $1,950,000 $1,785,000 -8.5% 0.8%
    FREEDOM MORTGAGE CORPORATION $9,225,000 $1,765,000 -80.9% 0.8%
    1st Source Bank $1,555,000 $1,660,000 6.8% 0.8%
    MIDWEST AMERICA $1,545,000 $1,535,000 -0.6% 0.7%
    Farmers State Bank $645,000 $1,495,000 131.8% 0.7%
    The Huntington National Bank $2,185,000 $1,420,000 -35.0% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $1,285,000 $1,370,000 6.6% 0.6%
    ACADEMY MORTGAGE CORPORATION $2,435,000 $1,355,000 -44.4% 0.6%
    Farmers and Merchants Bank $2,140,000 $1,275,000 -40.4% 0.6%
    UNION HOME MORTGAGE CORP. $2,515,000 $1,170,000 -53.5% 0.6%
    ROYAL UNITED MORTGAGE LLC $530,000 $1,105,000 108.5% 0.5%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $6,390,000 $1,055,000 -83.5% 0.5%
    POLARIS HOME FUNDING CORP. $1,445,000 $1,025,000 -29.1% 0.5%
    STAR Financial Bank $2,480,000 $1,010,000 -59.3% 0.5%
    Farm Credit Mid-America, ACA $6,455,000 $900,000 -86.1% 0.4%
    CALIBER HOME LOANS, INC. $3,860,000 $895,000 -76.8% 0.4%
    PENNYMAC LOAN SERVICES, LLC $1,985,000 $880,000 -55.7% 0.4%
    GENEVA FINANCIAL, LLC $860,000 n/a 0.4%
    NEWREZ LLC $1,480,000 $830,000 -43.9% 0.4%
    AMERISAVE MORTGAGE CORPORATION $3,675,000 $810,000 -78.0% 0.4%
    Nations Lending Corporation $915,000 $790,000 -13.7% 0.4%
    Carrington Mortgage Services, LLC $1,130,000 $780,000 -31.0% 0.4%
    First Federal Savings Bank $100,000 $760,000 660.0% 0.4%
    ZILLOW HOME LOANS, LLC $750,000 n/a 0.4%
    MICHIGAN MUTUAL, INC. $325,000 $725,000 123.1% 0.3%
    Crossroads Bank $170,000 $655,000 285.3% 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $515,000 $650,000 26.2% 0.3%
    Wells Fargo Bank $2,680,000 $555,000 -79.3% 0.3%
    NEW DAY FINANCIAL, LLC $345,000 $540,000 56.5% 0.3%
    First Federal Bank of the Midwest $1,275,000 $530,000 -58.4% 0.3%
    PURDUE FEDERAL CREDIT UNION $525,000 n/a 0.2%
    INTERRA CREDIT UNION $595,000 $510,000 -14.3% 0.2%
    Morgan Stanley Private Bank $505,000 n/a 0.2%
    Old National Bank $355,000 $490,000 38.0% 0.2%
    EVANSVILLE TEACHERS $495,000 $485,000 -2.0% 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $890,000 $470,000 -47.2% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $545,000 $465,000 -14.7% 0.2%
    HOME POINT FINANCIAL CORPORATION $555,000 $460,000 -17.1% 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $460,000 n/a 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $65,000 $445,000 584.6% 0.2%
    BROKER SOLUTIONS, INC. $410,000 n/a 0.2%
    HOMESIDE FINANCIAL, LLC $765,000 $410,000 -46.4% 0.2%
    AMERICAN FINANCING CORPORATION $970,000 $405,000 -58.2% 0.2%
    CHURCHILL MORTGAGE CORPORATION $395,000 $400,000 1.3% 0.2%
    SUCCESS MORTGAGE PARTNERS, INC. $1,045,000 $395,000 -62.2% 0.2%
    BETTER MORTGAGE CORPORATION $775,000 $370,000 -52.3% 0.2%
    Associated Bank $1,280,000 $365,000 -71.5% 0.2%
    CLEARPATH LENDING $115,000 $355,000 208.7% 0.2%
    Figure Lending LLC $90,000 $355,000 294.4% 0.2%
    PLANET HOME LENDING, LLC $200,000 $345,000 72.5% 0.2%
    ENDEAVOR CAPITAL, LLC. $225,000 $340,000 51.1% 0.2%
    GREENSTATE CREDIT UNION $335,000 n/a 0.2%
    Wyndham Capital Mortgage, Inc. $365,000 $325,000 -11.0% 0.2%
    INDIANA MEMBERS CREDIT UNION $305,000 n/a 0.1%
    Merchants Bank of Indiana $305,000 n/a 0.1%
    THRIVE MORTGAGE, LLC $105,000 $305,000 190.5% 0.1%
    GUARANTEED RATE, INC. $1,105,000 $275,000 -75.1% 0.1%
    Park Lane Finance Solutions, LLC $275,000 n/a 0.1%
    Bank of England $265,000 n/a 0.1%
    AMERICAN MORTGAGE SERVICE COMPANY $1,025,000 $250,000 -75.6% 0.1%
    Third Federal Savings and Loan Association of Cleveland $245,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $740,000 $225,000 -69.6% 0.1%
    Loan Simple, Inc. $195,000 n/a 0.1%
    USAA Federal Savings Bank $510,000 $175,000 -65.7% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $340,000 $165,000 -51.5% 0.1%
    Bankers' Bank $155,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $155,000 n/a 0.1%
    Discover Bank $375,000 $150,000 -60.0% 0.1%
    SIRVA MORTGAGE, INC. $235,000 $145,000 -38.3% 0.1%
    MJW Financial LLC $125,000 n/a 0.1%
    Northpointe Bank $125,000 n/a 0.1%
    Honor Credit Union $95,000 $115,000 21.1% 0.1%
    REVERSE MORTGAGE FUNDING LLC $195,000 $115,000 -41.0% 0.1%
    DAS Acquisition Company, LLC $105,000 n/a 0.0%
    MEMBER FIRST MORTGAGE, LLC $135,000 $105,000 -22.2% 0.0%
    First Guaranty Mortgage Corporation $920,000 $95,000 -89.7% 0.0%
    PHH Mortgage Corporation $140,000 $95,000 -32.1% 0.0%
    VILLAGE CAPITAL MORTGAGE $590,000 $95,000 -83.9% 0.0%
    OPEN MORTGAGE, LLC $85,000 n/a 0.0%
    Transportation Federal Credit Union $80,000 n/a 0.0%
    Citizens Bank $1,055,000 $75,000 -92.9% 0.0%
    First Federal Savings Bank $100,000 $75,000 -25.0% 0.0%
    Gateway First Bank $75,000 n/a 0.0%
    U.S. Bank $230,000 $55,000 -76.1% 0.0%
    21ST MORTGAGE CORPORATION $45,000 n/a 0.0%
    LONGBRIDGE FINANCIAL, LLC $45,000 n/a 0.0%
    THRIVENT Federal Credit Union $45,000 n/a 0.0%
    SPRING EQ, LLC $25,000 n/a 0.0%
    NAVY FEDERAL CREDIT UNION $1,430,000 $15,000 -99.0% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $15,000 n/a 0.0%

    Auburn's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 13.6% market share. In second place, with 12.9%, is Three Rivers Federal Credit Union, having originated $27,345,000 in loans. In third place, with 5.0%, is The Garrett State Bank, having originated $10,565,000 in loans. In fourth place, with 4.3%, is GVC MORTGAGE, INC., having originated $9,120,000 in loans. In fifth place, with 4.1%, is ProFed Federal Credit Union, having originated $8,720,000 in loans.

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

    Realtor.com - Auburn (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 $168,750 (56.7%) $190,507 (35.6%) 0.00 95
    2018-02-01 $171,291 (55.4%) $179,121 (20.9%) 0.00 94
    2018-03-01 $169,994 (55.3%) $183,812 (22.4%) 0.00 86
    2018-04-01 $178,625 (51.8%) $204,100 (33.1%) 0.00 80
    2018-05-01 $178,100 (21.6%) $218,247 (23.9%) 0.00 81
    2018-06-01 $169,850 (30.8%) $211,774 (18.2%) 0.00 85
    2018-07-01 $182,150 (21.9%) $211,706 (14.1%) 0.00 101
    2018-08-01 $179,900 (30.9%) $209,686 (5.2%) 0.00 104
    2018-09-01 $169,500 (13.4%) $211,134 (-6.8%) 0.00 90
    2018-10-01 $163,725 (10.6%) $208,856 (-7.9%) 0.00 100
    2018-11-01 $145,000 (3.6%) $190,545 (-6.5%) 0.00 103
    2018-12-01 $154,900 (14.0%) $198,232 (12.2%) 0.00 98
    2019-01-01 $164,450 (-2.6%) $201,803 (5.9%) 0.00 88
    2019-02-01 $157,400 (-8.1%) $194,860 (8.8%) 0.00 85
    2019-03-01 $164,186 (-3.4%) $197,157 (7.3%) 0.00 75
    2019-04-01 $166,711 (-6.7%) $203,325 (-0.4%) 0.00 69
    2019-05-01 $199,900 (12.2%) $220,015 (0.8%) 0.00 67
    2019-06-01 $199,700 (17.6%) $222,840 (5.2%) 0.00 73
    2019-07-01 $191,200 (5.0%) $213,506 (0.9%) 0.00 90
    2019-08-01 $192,082 (6.8%) $217,976 (4.0%) 0.00 95
    2019-09-01 $190,855 (12.6%) $223,313 (5.8%) 0.00 90
    2019-10-01 $188,650 (15.2%) $226,459 (8.4%) 0.00 87
    2019-11-01 $172,500 (19.0%) $213,347 (12.0%) 0.00 92
    2019-12-01 $171,800 (10.9%) $203,389 (2.6%) 0.00 89
    2020-01-01 $170,850 (3.9%) $199,464 (-1.2%) 0.00 83
    2020-02-01 $158,900 (1.0%) $203,970 (4.7%) 0.00 79
    2020-03-01 $172,175 (4.9%) $218,012 (10.6%) 0.00 65
    2020-04-01 $200,383 (20.2%) $224,219 (10.3%) 0.00 63
    2020-05-01 $229,450 (14.8%) $301,454 (37.0%) 0.00 61
    2020-06-01 $233,425 (16.9%) $303,358 (36.1%) 0.00 60
    2020-07-01 $227,900 (19.2%) $337,333 (58.0%) 0.00 50
    2020-08-01 $218,400 (13.7%) $328,286 (50.6%) 0.00 50
    2020-09-01 $215,300 (12.8%) $348,911 (56.2%) 0.00 44
    2020-10-01 $204,900 (8.6%) $305,794 (35.0%) 0.00 45
    2020-11-01 $220,600 (27.9%) $313,971 (47.2%) 0.00 49
    2020-12-01 $232,400 (35.3%) $328,382 (61.5%) 0.00 43
    2021-01-01 $214,700 (25.7%) $331,240 (66.1%) 0.00 28
    2021-02-01 $238,546 (50.1%) $361,819 (77.4%) 0.00 24
    2021-03-01 $173,400 (0.7%) $330,371 (51.5%) 0.00 23
    2021-04-01 $203,709 (1.7%) $390,638 (74.2%) 0.00 20
    2021-05-01 $189,950 (-17.2%) $392,032 (30.1%) 0.00 22
    2021-06-01 $191,150 (-18.1%) $332,488 (9.6%) 0.00 31
    2021-07-01 $204,950 (-10.1%) $344,737 (2.2%) 0.00 36
    2021-08-01 $209,950 (-3.9%) $300,885 (-8.4%) 0.00 45
    2021-09-01 $221,200 (2.7%) $278,600 (-20.2%) 0.00 47
    2021-10-01 $189,900 (-7.3%) $251,612 (-17.7%) 0.00 43
    2021-11-01 $187,400 (-15.1%) $251,107 (-20.0%) 0.00 38
    2021-12-01 $184,975 (-20.4%) $261,758 (-20.3%) 0.00 41
    2022-01-01 $184,950 (-13.9%) $261,138 (-21.2%) 0.00 34
    2022-02-01 $172,000 (-27.9%) $280,333 (-22.5%) 0.00 19
    2022-03-01 $250,000 (44.2%) $513,860 (55.5%) 0.00 21
    2022-04-01 $299,900 (47.2%) $619,820 (58.7%) 0.00 23
    2022-05-01 $275,425 (45.0%) $476,551 (21.6%) 0.00 38
    2022-06-01 $309,900 (62.1%) $466,266 (40.2%) 0.00 44
    2022-07-01 $290,000 (41.5%) $376,053 (9.1%) 0.00 55
    2022-08-01 $349,675 (66.6%) $449,776 (49.5%) 0.00 39
    2022-09-01 $321,073 (45.2%) $391,678 (40.6%) 0.00 46
    2022-10-01 $316,300 (66.6%) $359,140 (42.7%) 0.00 64
    2022-11-01 $324,798 (73.3%) $363,931 (44.9%) 0.00 68
    2022-12-01 $314,900 (70.2%) $338,285 (29.2%) 0.00 65
    2023-01-01 $329,900 (78.4%) $335,372 (28.4%) 0.00 52
    2023-02-01 $354,807 (106.3%) $364,418 (30.0%) 0.00 43
    2023-03-01 $377,750 (51.1%) $397,797 (-22.6%) 0.00 37
    2023-04-01 $339,900 (13.3%) $364,966 (-41.1%) 0.00 37
    2023-05-01 $272,441 (-1.1%) $311,436 (-34.7%) 0.00 52
    2023-06-01 $339,400 (9.5%) $364,668 (-21.8%) 0.00 53
    2023-07-01 $369,000 (27.2%) $381,448 (1.4%) 0.00 50
    2023-08-01 $363,650 (4.0%) $385,646 (-14.3%) 0.00 60
    Auburn's median listing price for 2023-08-01 was $363,650, a difference of $13,975 (4.0%) versus the prior year and $-5,350 versus the prior month.

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

    Auburn's average listing price for 2023-08-01 was $385,646, a difference of $-64,130 (-14.3%) versus the prior year and $4,198 versus the prior month.

    For the 2023-08-01 period, Auburn had 60 MLS listings, a difference of 10 listings (20%) versus the prior month and 21 listings (54%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Auburn (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,725 sqft
    2018-02-01 0 days 1,726 sqft
    2018-03-01 0 days 1,722 sqft
    2018-04-01 0 days 1,780 sqft
    2018-05-01 0 days 1,907 sqft
    2018-06-01 0 days 1,921 sqft
    2018-07-01 0 days 1,924 sqft
    2018-08-01 0 days 1,915 sqft
    2018-09-01 0 days 1,838 sqft
    2018-10-01 0 days 1,854 sqft
    2018-11-01 0 days 1,761 sqft
    2018-12-01 0 days 1,804 sqft
    2019-01-01 0 days 1,875 sqft
    2019-02-01 0 days 1,809 sqft
    2019-03-01 0 days 1,848 sqft
    2019-04-01 0 days 1,864 sqft
    2019-05-01 0 days 1,848 sqft
    2019-06-01 0 days 1,911 sqft
    2019-07-01 0 days 1,941 sqft
    2019-08-01 0 days 1,934 sqft
    2019-09-01 0 days 1,954 sqft
    2019-10-01 0 days 1,899 sqft
    2019-11-01 0 days 1,796 sqft
    2019-12-01 0 days 1,791 sqft
    2020-01-01 0 days 1,789 sqft
    2020-02-01 0 days 1,746 sqft
    2020-03-01 0 days 1,794 sqft
    2020-04-01 0 days 1,803 sqft
    2020-05-01 0 days 1,848 sqft
    2020-06-01 0 days 1,838 sqft
    2020-07-01 0 days 1,819 sqft
    2020-08-01 0 days 1,819 sqft
    2020-09-01 0 days 1,751 sqft
    2020-10-01 0 days 1,801 sqft
    2020-11-01 0 days 1,809 sqft
    2020-12-01 0 days 1,812 sqft
    2021-01-01 0 days 1,800 sqft
    2021-02-01 0 days 1,713 sqft
    2021-03-01 0 days 1,616 sqft
    2021-04-01 0 days 1,752 sqft
    2021-05-01 0 days 1,621 sqft
    2021-06-01 0 days 1,685 sqft
    2021-07-01 0 days 1,705 sqft
    2021-08-01 0 days 1,710 sqft
    2021-09-01 0 days 1,780 sqft
    2021-10-01 0 days 1,766 sqft
    2021-11-01 0 days 1,676 sqft
    2021-12-01 0 days 1,754 sqft
    2022-01-01 0 days 1,708 sqft
    2022-02-01 0 days 1,833 sqft
    2022-03-01 0 days 1,878 sqft
    2022-04-01 0 days 1,986 sqft
    2022-05-01 0 days 1,708 sqft
    2022-06-01 0 days 1,843 sqft
    2022-07-01 0 days 1,844 sqft
    2022-08-01 0 days 1,977 sqft
    2022-09-01 0 days 1,923 sqft
    2022-10-01 0 days 1,970 sqft
    2022-11-01 0 days 1,972 sqft
    2022-12-01 0 days 1,840 sqft
    2023-01-01 0 days 1,845 sqft
    2023-02-01 0 days 1,892 sqft
    2023-03-01 0 days 1,960 sqft
    2023-04-01 0 days 1,866 sqft
    2023-05-01 0 days 1,888 sqft
    2023-06-01 0 days 1,977 sqft
    2023-07-01 0 days 2,004 sqft
    2023-08-01 0 days 1,970 sqft
    Auburn's median listing age (time on market) for 2023-08-01 was 0 days.

    Auburn's median square footage for active listings during the 2023-08-01 period was 1,970 sqft. One year prior, the average listing was 1,977 sqft.

    Auburn, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 656 $129,800,000 $197,866
    Cash Out Refi 225 $36,695,000 $163,089
    Refi 202 $25,540,000 $126,436
    Other 161 $11,355,000 $70,528
    Home Improvement 118 $7,850,000 $66,525

    Auburn's most frequently cited loan purpose was Home Purchase, with 656 originations. The 2nd most popular reason was Cash Out Refi, with 225 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 321 $50,255,000 $156,558
    3-4% 276 $50,750,000 $183,877
    4-5% 241 $45,575,000 $189,108
    6-7% 194 $29,120,000 $150,103
    7-8% 76 $8,370,000 $110,132
    Over 8% 48 $2,340,000 $48,750
    <2.5% 41 $4,405,000 $107,439
    2.5-3% 35 $6,035,000 $172,429

    During 2022, Auburn's most frequently originated rate bucket was 5-6%, with 321 originations.

    Loan Sizing (Auburn, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 511 $74,495,000 $145,783
    $100,000 or less 502 $27,090,000 $53,964
    $200k-400k 298 $81,540,000 $273,624
    $400k-600k 38 $17,450,000 $459,211
    $600k-1000k 11 $7,685,000 $698,636
    $Over $1MM 2 $2,980,000 $1,490,000

    Auburn's loan sizing saw the bucket of loans from $100k-200k with 511 originations, totaling $74,495,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 503 $103,585,000 $205,934
    60-80% 284 $56,650,000 $199,472
    Under 20% 167 $6,165,000 $36,916
    20-40% 154 $13,690,000 $88,896
    40-60% 113 $15,195,000 $134,469
    Over 100% 6 $980,000 $163,333

    Auburn's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 503 originations, totaling $103,585,000 in origination value.