Auburn Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Auburn averaged
6.73%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
7.06% and
one month ago for the week of 2023-02-09, the
average rate was 6.35%.
Auburn's average rate one year ago was 3.98%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.73%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Auburn 30 Year Fixed Rate | 2023-03-16 | 6.73% |
Auburn 30 Year Fixed Rate Refi | 2023-03-16 | 6.73% |
Auburn 15 Year Fixed Rate | 2023-03-16 | 6.54% |
Auburn 15 Year Fixed Rate Refi | 2023-03-16 | 6.28% |
Auburn 30 Year FHA | 2023-03-16 | 6.64% |
Auburn 30 Year FHA Refi | 2023-03-16 | 6.73% |
Auburn 30 Year USDA | 2023-03-16 | 6.71% |
Auburn 30 Year USDA Refi | 2023-03-16 | 6.64% |
Auburn 30 Year VA | 2023-03-16 | 6.47% |
Auburn 30 Year VA Refi | 2023-03-16 | 6.23% |
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.).
Auburn Average Closing Costs & Other Stats
Auburn, IN's 102 lenders originated 2,076
loans during 2021. The total origination value was $365,210,000, with an average loan value of
$175,920.
Auburn's average closing costs are $3,209.
The top Auburn lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
142 loans originated. Their average total fees are
$2,426, which is $66
lower than the next largest lender,
Three Rivers Federal Credit Union.
The lowest fee Auburn lenders (with over 10 loans originated) are
Union Savings Bank ($1,106), BEACON CREDIT UNION ($2,124), ProFed Federal Credit Union ($2,145), JPMorgan Chase Bank ($2,203) and Horizon Bank ($2,291).
The lowest rate Auburn lenders (with over 10 loans originated) are
BEACON CREDIT UNION (2.93%), Union Savings Bank (2.97%), DIAMOND RESIDENTIAL MORTGAGE CORPORATION (3.03%), Lake City Bank (3.03%) and First Merchants Bank (3.07%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
RUOFF MORTGAGE COMPANY, INC. | $48,395,000 | $53,990,000 | 11.6% | 14.8% |
Three Rivers Federal Credit Union | $33,075,000 | $33,955,000 | 2.7% | 9.3% |
Centier Bank | $1,735,000 | $29,210,000 | 1,583.6% | 8.0% |
The Garrett State Bank | $20,315,000 | $19,140,000 | -5.8% | 5.2% |
QUICKEN LOANS, LLC | $17,155,000 | $18,435,000 | 7.5% | 5.0% |
ProFed Federal Credit Union | $19,355,000 | $15,745,000 | -18.7% | 4.3% |
GVC MORTGAGE, INC. | $4,055,000 | $10,705,000 | 164.0% | 2.9% |
FREEDOM MORTGAGE CORPORATION | $6,895,000 | $9,225,000 | 33.8% | 2.5% |
HALLMARK HOME MORTGAGE, LLC | $7,395,000 | $8,970,000 | 21.3% | 2.5% |
Farm Credit Mid-America, ACA | $2,190,000 | $6,455,000 | 194.7% | 1.8% |
First Merchants Bank | $5,690,000 | $6,435,000 | 13.1% | 1.8% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $10,930,000 | $6,390,000 | -41.5% | 1.7% |
BEACON CREDIT UNION | $8,715,000 | $5,875,000 | -32.6% | 1.6% |
Flagstar Bank, FSB | $1,875,000 | $5,820,000 | 210.4% | 1.6% |
Lake City Bank | $8,705,000 | $5,655,000 | -35.0% | 1.5% |
Union Savings Bank | $6,245,000 | $5,560,000 | -11.0% | 1.5% |
Horizon Bank | $8,720,000 | $4,585,000 | -47.4% | 1.3% |
PNC Bank | $4,280,000 | $4,485,000 | 4.8% | 1.2% |
Fifth Third Bank | $5,155,000 | $4,135,000 | -19.8% | 1.1% |
CALIBER HOME LOANS, INC. | $2,510,000 | $3,860,000 | 53.8% | 1.1% |
FORT FINANCIAL Federal Credit Union | $4,305,000 | $3,825,000 | -11.1% | 1.0% |
AMERISAVE MORTGAGE CORPORATION | $725,000 | $3,675,000 | 406.9% | 1.0% |
MID AMERICA MORTGAGE, INC. | $105,000 | $3,660,000 | 3,385.7% | 1.0% |
VAN DYK MORTGAGE CORPORATION | $2,730,000 | $3,455,000 | 26.6% | 0.9% |
The Campbell & Fetter Bank | $4,485,000 | $3,405,000 | -24.1% | 0.9% |
JPMorgan Chase Bank | $1,550,000 | $3,360,000 | 116.8% | 0.9% |
TEACHERS CREDIT UNION | $6,190,000 | $3,350,000 | -45.9% | 0.9% |
LOANDEPOT.COM, LLC | $3,045,000 | $3,320,000 | 9.0% | 0.9% |
The State Bank and Trust Company | $2,825,000 | $3,320,000 | 17.5% | 0.9% |
Mortgage Research Center, LLC | $1,675,000 | $2,700,000 | 61.2% | 0.7% |
Wells Fargo Bank | $2,995,000 | $2,680,000 | -10.5% | 0.7% |
UNION HOME MORTGAGE CORP. | $4,060,000 | $2,515,000 | -38.1% | 0.7% |
STAR Financial Bank | $2,215,000 | $2,480,000 | 12.0% | 0.7% |
ACADEMY MORTGAGE CORPORATION | $890,000 | $2,435,000 | 173.6% | 0.7% |
The Farmers & Merchants State Bank | $4,165,000 | $2,310,000 | -44.5% | 0.6% |
V.I.P. MORTGAGE, INC. | $1,790,000 | $2,280,000 | 27.4% | 0.6% |
The Huntington National Bank | $1,115,000 | $2,185,000 | 96.0% | 0.6% |
Farmers and Merchants Bank | $2,140,000 | n/a | 0.6% | |
PENNYMAC LOAN SERVICES, LLC | $630,000 | $1,985,000 | 215.1% | 0.5% |
PARTNERS 1ST Federal Credit Union | $2,875,000 | $1,950,000 | -32.2% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $2,415,000 | $1,915,000 | -20.7% | 0.5% |
1st Source Bank | $3,445,000 | $1,555,000 | -54.9% | 0.4% |
MIDWEST AMERICA | $1,795,000 | $1,545,000 | -13.9% | 0.4% |
NEWREZ LLC | $1,085,000 | $1,480,000 | 36.4% | 0.4% |
POLARIS HOME FUNDING CORP. | $3,395,000 | $1,445,000 | -57.4% | 0.4% |
NAVY FEDERAL CREDIT UNION | $980,000 | $1,430,000 | 45.9% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,240,000 | $1,285,000 | 3.6% | 0.4% |
Associated Bank | $565,000 | $1,280,000 | 126.5% | 0.4% |
First Federal Bank of the Midwest | $2,405,000 | $1,275,000 | -47.0% | 0.3% |
Carrington Mortgage Services, LLC | $820,000 | $1,130,000 | 37.8% | 0.3% |
GUARANTEED RATE, INC. | $3,325,000 | $1,105,000 | -66.8% | 0.3% |
Citizens Bank | $415,000 | $1,055,000 | 154.2% | 0.3% |
SUCCESS MORTGAGE PARTNERS, INC. | $1,225,000 | $1,045,000 | -14.7% | 0.3% |
UNITED WHOLESALE MORTGAGE, LLC | $610,000 | $1,035,000 | 69.7% | 0.3% |
AMERICAN MORTGAGE SERVICE COMPANY | $1,285,000 | $1,025,000 | -20.2% | 0.3% |
AMERICAN FINANCING CORPORATION | $795,000 | $970,000 | 22.0% | 0.3% |
First Guaranty Mortgage Corporation | $920,000 | n/a | 0.3% | |
Nations Lending Corporation | $175,000 | $915,000 | 422.9% | 0.3% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $530,000 | $895,000 | 68.9% | 0.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $720,000 | $890,000 | 23.6% | 0.2% |
Fire Police City County Federal Credit Union | $1,635,000 | $780,000 | -52.3% | 0.2% |
BETTER MORTGAGE CORPORATION | $775,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $765,000 | n/a | 0.2% | |
ARC HOME LLC | $750,000 | n/a | 0.2% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $740,000 | n/a | 0.2% | |
Farmers State Bank | $1,010,000 | $645,000 | -36.1% | 0.2% |
INTERRA CREDIT UNION | $595,000 | n/a | 0.2% | |
VILLAGE CAPITAL & INVESTMENT LLC | $835,000 | $590,000 | -29.3% | 0.2% |
Southern Michigan Bank & Trust | $195,000 | $570,000 | 192.3% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $950,000 | $555,000 | -41.6% | 0.2% |
Deere Employees Credit Union | $470,000 | $550,000 | 17.0% | 0.2% |
First Farmers Bank and Trust Company | $545,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $570,000 | $545,000 | -4.4% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $1,005,000 | $530,000 | -47.3% | 0.1% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $215,000 | $515,000 | 139.5% | 0.1% |
USAA Federal Savings Bank | $275,000 | $510,000 | 85.5% | 0.1% |
Colten Mortgage, LLC | $495,000 | n/a | 0.1% | |
EVANSVILLE TEACHERS | $285,000 | $495,000 | 73.7% | 0.1% |
HOMESPIRE MORTGAGE CORPORATION | $475,000 | n/a | 0.1% | |
Ally Bank | $715,000 | $450,000 | -37.1% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $175,000 | $395,000 | 125.7% | 0.1% |
The Union Bank Company | $385,000 | n/a | 0.1% | |
AmeriHome Mortgage Company, LLC | $380,000 | n/a | 0.1% | |
Discover Bank | $375,000 | n/a | 0.1% | |
Wyndham Capital Mortgage, Inc. | $365,000 | n/a | 0.1% | |
Old National Bank | $450,000 | $355,000 | -21.1% | 0.1% |
NEW DAY FINANCIAL, LLC | $345,000 | n/a | 0.1% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $340,000 | n/a | 0.1% | |
EVERETT FINANCIAL, INC. | $330,000 | n/a | 0.1% | |
SIWELL, INC. | $330,000 | n/a | 0.1% | |
MICHIGAN MUTUAL, INC. | $310,000 | $325,000 | 4.8% | 0.1% |
SOFI LENDING CORP. | $225,000 | $320,000 | 42.2% | 0.1% |
Bank of America | $280,000 | $305,000 | 8.9% | 0.1% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $305,000 | n/a | 0.1% | |
InterContinental Capital Group, Inc | $290,000 | $285,000 | -1.7% | 0.1% |
LOANFLIGHT LENDING, LLC | $275,000 | $285,000 | 3.6% | 0.1% |
TJC Mortgage, Inc. | $285,000 | n/a | 0.1% | |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $265,000 | n/a | 0.1% | |
LOANPAL, LLC | $260,000 | n/a | 0.1% | |
SUN WEST MORTGAGE COMPANY, INC. | $390,000 | $260,000 | -33.3% | 0.1% |
FINANCE OF AMERICA MORTGAGE LLC | $245,000 | $245,000 | 0.0% | 0.1% |
SIRVA MORTGAGE, INC. | $235,000 | n/a | 0.1% | |
AMERICAN FINANCIAL NETWORK, INC. | $525,000 | $230,000 | -56.2% | 0.1% |
TOP FLITE FINANCIAL, INC. | $350,000 | $230,000 | -34.3% | 0.1% |
U.S. Bank | $55,000 | $230,000 | 318.2% | 0.1% |
ENDEAVOR CAPITAL, LLC. | $225,000 | n/a | 0.1% | |
FirstBank | $225,000 | n/a | 0.1% | |
Ixonia Bank | $225,000 | n/a | 0.1% | |
Regions Bank | $160,000 | $225,000 | 40.6% | 0.1% |
The Federal Savings Bank | $745,000 | $225,000 | -69.8% | 0.1% |
KeyBank | $210,000 | n/a | 0.1% | |
FIRST CENTENNIAL MORTGAGE CORPORATION | $135,000 | $205,000 | 51.9% | 0.1% |
PLANET HOME LENDING, LLC | $810,000 | $200,000 | -75.3% | 0.1% |
REVERSE MORTGAGE FUNDING LLC | $195,000 | n/a | 0.1% | |
TOWNE MORTGAGE COMPANY | $250,000 | $195,000 | -22.0% | 0.1% |
KELLER MORTGAGE, LLC | $185,000 | n/a | 0.1% | |
NETWORK CAPITAL FUNDING CORPORATION | $185,000 | n/a | 0.1% | |
LAFCU | $175,000 | n/a | 0.0% | |
Watermark Capital, Inc. | $175,000 | n/a | 0.0% | |
Crossroads Bank | $565,000 | $170,000 | -69.9% | 0.0% |
INDIANA UNIVERSITY CREDIT UNION | $170,000 | n/a | 0.0% | |
First Federal Savings Bank | $145,000 | $165,000 | 13.8% | 0.0% |
MORTGAGE ACCESS CORP. | $145,000 | n/a | 0.0% | |
PHH Mortgage Corporation | $140,000 | n/a | 0.0% | |
MEMBER FIRST MORTGAGE, LLC | $135,000 | n/a | 0.0% | |
Oxford Bank & Trust | $130,000 | $135,000 | 3.8% | 0.0% |
GENISYS | $125,000 | n/a | 0.0% | |
Manufacturers and Traders Trust Company | $125,000 | n/a | 0.0% | |
Quontic Bank | $125,000 | n/a | 0.0% | |
Blue Ridge Bank | $115,000 | n/a | 0.0% | |
CLEARPATH LENDING | $1,105,000 | $115,000 | -89.6% | 0.0% |
COMPASS MORTGAGE, INC. | $115,000 | n/a | 0.0% | |
MORIA DEVELOPMENT, INC. | $115,000 | n/a | 0.0% | |
UNIVERSITY LENDING GROUP, LLC | $115,000 | n/a | 0.0% | |
Barrington Bank & Trust Company, N.A. | $315,000 | $105,000 | -66.7% | 0.0% |
THRIVE MORTGAGE, LLC | $105,000 | n/a | 0.0% | |
TIAA, FSB | $105,000 | n/a | 0.0% | |
First Federal Savings Bank | $145,000 | $100,000 | -31.0% | 0.0% |
Honor Credit Union | $95,000 | n/a | 0.0% | |
Figure Lending LLC | $110,000 | $90,000 | -18.2% | 0.0% |
Liberty Savings Bank, F.S.B. | $730,000 | $85,000 | -88.4% | 0.0% |
SOUTHWEST FUNDING, LP | $260,000 | $85,000 | -67.3% | 0.0% |
RELIANCE FIRST CAPITAL, LLC | $85,000 | $75,000 | -11.8% | 0.0% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $55,000 | $65,000 | 18.2% | 0.0% |
Arvest Bank | $45,000 | n/a | 0.0% |
Auburn's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 14.8% market share. In second place, with 9.3%, is Three Rivers Federal Credit Union, having originated $33,955,000 in loans. In third place, with 8.0%, is Centier Bank, having originated $29,210,000 in loans. In fourth place, with 5.2%, is The Garrett State Bank, having originated $19,140,000 in loans. In fifth place, with 5.0%, is QUICKEN LOANS, LLC, having originated $18,435,000 in loans.
Auburn Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Auburn (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 | $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 |
Auburn's median listing price comes in at 0% of the national average.
Auburn's average listing price for 2023-02-01 was $364,418, a difference of $84,085 (30.0%) versus the prior year and $29,046 versus the prior month.
For the 2023-02-01 period, Auburn had 43 MLS listings, a difference of -9 listings (-17%) versus the prior month and 24 listings (126%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Auburn (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 |
Auburn's median square footage for active listings during the 2023-02-01 period was 1,892 sqft. One year prior, the average listing was 1,833 sqft.
Auburn, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Refi | 737 | $114,365,000 | $155,176 |
Home Purchase | 728 | $167,030,000 | $229,437 |
Cash Out Refi | 439 | $70,265,000 | $160,057 |
Home Improvement | 105 | $7,535,000 | $71,762 |
Other | 67 | $6,015,000 | $89,776 |
Auburn's most frequently cited loan purpose was Refi, with 737 originations. The 2nd most popular reason was Home Purchase, with 728 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 879 | $178,515,000 | $203,089 |
2.5-3% | 615 | $109,405,000 | $177,894 |
<2.5% | 273 | $41,165,000 | $150,788 |
4-5% | 86 | $9,010,000 | $104,767 |
5-6% | 26 | $1,730,000 | $66,538 |
Over 8% | 8 | $240,000 | $30,000 |
7-8% | 6 | $310,000 | $51,667 |
6-7% | 4 | $150,000 | $37,500 |
During 2021, Auburn's most frequently originated rate bucket was 3-4%, with 879 originations.
Loan Sizing (Auburn, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 948 | $136,740,000 | $144,241 |
$100,000 or less | 558 | $36,430,000 | $65,287 |
$200k-400k | 521 | $137,205,000 | $263,349 |
$400k-600k | 36 | $16,680,000 | $463,333 |
$600k-1000k | 10 | $7,150,000 | $715,000 |
$Over $1MM | 3 | $31,005,000 | $10,335,000 |
Auburn's loan sizing saw the bucket of loans from $100k-200k with 948 originations, totaling $136,740,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 687 | $158,835,000 | $231,201 |
60-80% | 620 | $113,270,000 | $182,694 |
40-60% | 274 | $36,820,000 | $134,380 |
20-40% | 145 | $12,785,000 | $88,172 |
Under 20% | 81 | $2,985,000 | $36,852 |
Over 100% | 17 | $3,695,000 | $217,353 |
Auburn's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 687 originations, totaling $158,835,000 in origination value.