Bemidji Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Bemidji averaged 6.5% for the week of 2025-07-10, compared to the national average of 6.72% for the same period.

    The average rate for the prior week (2025-07-03) was 6.55% and one month ago for the week of 2025-06-05, the average rate was 6.93%.

    Bemidji's average rate one year ago was 7.03%.

    For refis of the same type during the week of 2025-07-10, the average rate was 7.02%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-07-10 6.72%
    Bemidji 30 Year Fixed Rate 2025-07-10 6.5%
    Bemidji 30 Year Fixed Rate Refi 2025-07-10 7.02%
    Bemidji 15 Year Fixed Rate 2025-07-10 5.66%
    Bemidji 15 Year Fixed Rate Refi 2025-07-10 5.96%
    Bemidji 30 Year FHA 2025-07-10 6.32%
    Bemidji 30 Year FHA Refi 2025-07-10 6.52%
    Bemidji 30 Year USDA 2025-07-10 6.25%
    Bemidji 30 Year USDA Refi 2025-07-10 6.25%
    Bemidji 30 Year VA 2025-07-10 6.57%
    Bemidji 30 Year VA Refi 2025-07-10 6.27%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Bemidji, MN.

    Bemidji 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 Bemidji, 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.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    AFFINITY PLUS 22 6.51% $4,390
    Deerwood Bank 19 6.30% $4,581
    UNITED WHOLESALE MORTGAGE, LLC 11 6.28% $6,857
    QUICKEN LOANS, LLC 8 6.56% $7,698
    Servion, Inc. 4 6.81% $5,166
    Merchants Bank 4 6.96% $5,234
    U.S. Bank 4 6.53% $6,559
    Bremer Bank 4 6.81% $5,092
    SPIRE Credit Union 3 6.21% $3,464
    PLAZA HOME MORTGAGE, INC. 3 6.49% $5,191
    CROSSCOUNTRY MORTGAGE, LLC 2 6.56% $9,087
    American Mortgage & Equity Consultants, Inc. 2 6.37% $7,751
    Bell Bank 2 5.93% $7,024
    Gate City Bank 2 6.69% $5,092
    Granite Community Bank 2 6.38% $5,844
    The Huntington National Bank 2 6.44% $5,330
    Wells Fargo Bank 2 6.44% $5,775
    FREEDOM MORTGAGE CORPORATION 1 6.75% $7,440
    VALLEY MORTGAGE, INC. 1 6.88% $6,143
    VILLAGE CAPITAL MORTGAGE 1 7.13% $9,998
    IncredibleBank 1 6.13% $3,165
    Liberty Bank Minnesota 1 6.88% $2,118
    Choice Financial Group 1 7.13% $3,440
    Mortgage Research Center, LLC 1 7.13% $694
    Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $14,910
    National Bank of Commerce 1 6.99% $7,101
    Nations Lending Corporation 1 5.63% $4,683
    NATIONS RELIABLE LENDING, LLC 1 8.63% $4,815
    NexBank 1 6.99% $3,197
    North Shore Bank of Commerce 1 6.50% $6,756
    PENNYMAC LOAN SERVICES, LLC 1 7.00% $3,252
    CENTRAL MINNESOTA Credit Union 1 6.63% $4,731
    BROKER SOLUTIONS, INC. 1 6.13% $4,107
    Royal Credit Union 1 6.88% $4,385
    BMO Harris Bank 1 6.75% $3,033
    Bank of America 1 7.75% $2,809
    T2 FINANCIAL LLC 1 7.38% $6,034
    WINGS FINANCIAL 1 7.00% $3,650
    TOPLINE FEDERAL CREDIT UNION 1 6.88% $6,076
    Tradition Mortgage, LLC 1 7.38% $3,653
    TRUSTONE FINANCIAL FEDERAL CREDIT UNION 1 6.63% $3,807
    AMERICAN FINANCING CORPORATION 1 6.88% $6,635
    USAA Federal Savings Bank 1 8.00% $2,935
    Alerus Financial 1 7.00% $6,870
    Access Bank 1 7.63% $3,820
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $7,558
    First Bank & Trust 1 6.63% $8,779
    Flagstar Bank, FSB 1 6.33% $6,671

    Bemidji Average Closing Costs & Other Stats

    Bemidji, MN's 48 lenders originated 517 loans during 2024. The total origination value was $103,605,000, with an average loan value of $200,397.

    Bemidji's average closing costs are $4,938.

    The top Bemidji lender as defined by loan originations is AFFINITY PLUS, with 22 loans originated. Their average total fees are $4,390, which is $191 lower than the next largest lender, Deerwood Bank.

    The lowest fee Bemidji lenders (with over 10 loans originated) are AFFINITY PLUS ($4,390), Deerwood Bank ($4,581), UNITED WHOLESALE MORTGAGE, LLC ($6,857), .

    The lowest rate Bemidji lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.28%), Deerwood Bank (6.30%), AFFINITY PLUS (6.51%), .

    Bemidji, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    AFFINITY PLUS $9,945,000 $10,940,000 10.0% 10.6%
    UNITED WHOLESALE MORTGAGE, LLC $3,980,000 $8,780,000 120.6% 8.5%
    Deerwood Bank $9,090,000 $6,650,000 -26.8% 6.4%
    Arbor Realty Trust, Inc. $6,625,000 n/a 6.4%
    RiverWood Bank $6,390,000 $5,980,000 -6.4% 5.8%
    Bank Forward $6,485,000 $5,915,000 -8.8% 5.7%
    Mortgage Research Center, LLC $2,610,000 $5,060,000 93.9% 4.9%
    QUICKEN LOANS, LLC $5,365,000 $4,920,000 -8.3% 4.7%
    Flagstar Bank, FSB $410,000 $3,085,000 652.4% 3.0%
    AMERICAN PACIFIC MORTGAGE CORPORATION $2,075,000 $2,335,000 12.5% 2.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,145,000 $2,230,000 4.0% 2.2%
    The Huntington National Bank $1,480,000 $1,885,000 27.4% 1.8%
    U.S. Bank $810,000 $1,410,000 74.1% 1.4%
    Bell Bank $1,695,000 $1,390,000 -18.0% 1.3%
    Gate City Bank $795,000 $1,325,000 66.7% 1.3%
    Merchants Bank $1,325,000 n/a 1.3%
    FREEDOM MORTGAGE CORPORATION $320,000 $1,255,000 292.2% 1.2%
    Servion, Inc. $1,490,000 $1,215,000 -18.5% 1.2%
    PLAZA HOME MORTGAGE, INC. $460,000 $1,175,000 155.4% 1.1%
    Choice Financial Group $870,000 $1,120,000 28.7% 1.1%
    PENNYMAC LOAN SERVICES, LLC $785,000 $1,045,000 33.1% 1.0%
    Bremer Bank $775,000 $945,000 21.9% 0.9%
    Star Bank $915,000 n/a 0.9%
    LOANDEPOT.COM, LLC $795,000 $895,000 12.6% 0.9%
    VILLAGE CAPITAL MORTGAGE $400,000 $875,000 118.8% 0.8%
    MOVEMENT MORTGAGE, LLC $415,000 $855,000 106.0% 0.8%
    American Mortgage & Equity Consultants, Inc. $920,000 $840,000 -8.7% 0.8%
    SPIRE Credit Union $835,000 n/a 0.8%
    Union State Bank of Fargo $310,000 $730,000 135.5% 0.7%
    VALLEY MORTGAGE, INC. $665,000 $680,000 2.3% 0.7%
    NEW DAY FINANCIAL, LLC $175,000 $675,000 285.7% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $640,000 n/a 0.6%
    NBKC BANK $405,000 $625,000 54.3% 0.6%
    Wells Fargo Bank $2,935,000 $555,000 -81.1% 0.5%
    TRUSTONE FINANCIAL FEDERAL CREDIT UNION $65,000 $540,000 730.8% 0.5%
    PLANET HOME LENDING, LLC $215,000 $525,000 144.2% 0.5%
    Granite Community Bank $515,000 n/a 0.5%
    Waterstone Mortgage Corporation $485,000 n/a 0.5%
    WINGS FINANCIAL $435,000 $460,000 5.7% 0.4%
    Prosperity Home Mortgage, LLC $180,000 $450,000 150.0% 0.4%
    Alerus Financial $775,000 $440,000 -43.2% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $1,065,000 $440,000 -58.7% 0.4%
    NATIONS RELIABLE LENDING, LLC $435,000 n/a 0.4%
    Equity Prime Mortgage LLC $420,000 n/a 0.4%
    Woodlands National Bank $1,165,000 $420,000 -63.9% 0.4%
    American Federal Bank $865,000 $370,000 -57.2% 0.4%
    The Federal Savings Bank $365,000 n/a 0.4%
    United Valley Bank $650,000 $365,000 -43.8% 0.4%
    MID AMERICA MORTGAGE, INC. $585,000 $345,000 -41.0% 0.3%
    First International Bank & Trust $215,000 $335,000 55.8% 0.3%
    CARDINAL FINANCIAL $790,000 $325,000 -58.9% 0.3%
    CANOPY MORTGAGE, LLC $320,000 n/a 0.3%
    Nations Lending Corporation $790,000 $320,000 -59.5% 0.3%
    Allied First Bank,sb $315,000 n/a 0.3%
    Bank of America $295,000 n/a 0.3%
    Royal Credit Union $290,000 n/a 0.3%
    Heritage Bank $285,000 n/a 0.3%
    LAKEVIEW LOAN SERVICING, LLC $285,000 n/a 0.3%
    Midwest Bank $200,000 $285,000 42.5% 0.3%
    USAA Federal Savings Bank $1,765,000 $280,000 -84.1% 0.3%
    National Bank of Commerce $275,000 n/a 0.3%
    Tradition Mortgage, LLC $275,000 $275,000 0.0% 0.3%
    Loan Simple, Inc. $270,000 n/a 0.3%
    First Bank & Trust $265,000 n/a 0.3%
    CENTRAL MINNESOTA Credit Union $255,000 n/a 0.2%
    BMO Harris Bank $245,000 n/a 0.2%
    TOPLINE FEDERAL CREDIT UNION $155,000 $245,000 58.1% 0.2%
    Liberty Bank Minnesota $370,000 $235,000 -36.5% 0.2%
    American Bank Center $145,000 $225,000 55.2% 0.2%
    AMERICAN FINANCING CORPORATION $225,000 n/a 0.2%
    JPMorgan Chase Bank $420,000 $225,000 -46.4% 0.2%
    North Shore Bank of Commerce $145,000 $225,000 55.2% 0.2%
    Frandsen Bank & Trust $1,195,000 $205,000 -82.8% 0.2%
    NexBank $325,000 $205,000 -36.9% 0.2%
    CONTOUR MORTGAGE CORPORATION $195,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $185,000 $185,000 0.0% 0.2%
    PNC Bank $200,000 $170,000 -15.0% 0.2%
    Access Bank $165,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $165,000 $165,000 0.0% 0.2%
    CMG MORTGAGE, INC. $165,000 n/a 0.2%
    IncredibleBank $165,000 n/a 0.2%
    T2 FINANCIAL LLC $165,000 n/a 0.2%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $150,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $340,000 $135,000 -60.3% 0.1%
    BROKER SOLUTIONS, INC. $195,000 $115,000 -41.0% 0.1%
    LONGBRIDGE FINANCIAL, LLC $115,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $245,000 $105,000 -57.1% 0.1%
    21ST MORTGAGE CORPORATION $75,000 n/a 0.1%
    Carrington Mortgage Services, LLC $75,000 n/a 0.1%
    Discover Bank $35,000 $70,000 100.0% 0.1%
    MEMBERS COOPERATIVE $2,270,000 $70,000 -96.9% 0.1%
    ALTRA $55,000 n/a 0.1%
    American National Bank of Minnesota $55,000 n/a 0.1%
    SUPERIOR CHOICE $45,000 n/a 0.0%
    Bethpage Federal Credit Union $15,000 n/a 0.0%
    Coastal Community Bank $15,000 n/a 0.0%

    Bemidji's top lender by overall market share is AFFINITY PLUS, with 10.6% market share. In second place, with 8.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $8,780,000 in loans. In third place, with 6.4%, is Deerwood Bank, having originated $6,650,000 in loans. In fourth place, with 6.4%, is Arbor Realty Trust, Inc., having originated $6,625,000 in loans. In fifth place, with 5.8%, is RiverWood Bank, having originated $5,980,000 in loans.

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

    Realtor.com - Bemidji (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 $212,400 (0.1%) $236,309 (-3.8%) 0.00 190
    2018-02-01 $219,900 (1.2%) $246,903 (0.3%) 0.00 187
    2018-03-01 $239,800 (1.7%) $263,924 (3.5%) 0.00 184
    2018-04-01 $245,350 (7.3%) $276,988 (10.6%) 0.00 197
    2018-05-01 $243,475 (1.8%) $280,704 (10.1%) 0.00 216
    2018-06-01 $239,850 (0.0%) $276,597 (9.0%) 0.00 254
    2018-07-01 $234,875 (-2.1%) $270,111 (5.0%) 0.00 279
    2018-08-01 $229,450 (-2.1%) $264,900 (3.9%) 0.00 267
    2018-09-01 $207,450 (-8.0%) $257,247 (2.2%) 0.00 243
    2018-10-01 $202,100 (-8.8%) $254,509 (5.3%) 0.00 228
    2018-11-01 $191,825 (-12.0%) $248,025 (2.1%) 0.00 217
    2018-12-01 $189,900 (-8.9%) $245,631 (4.0%) 0.00 186
    2019-01-01 $195,125 (-8.1%) $250,213 (5.9%) 0.00 156
    2019-02-01 $200,725 (-8.7%) $255,047 (3.3%) 0.00 156
    2019-03-01 $210,786 (-12.1%) $261,299 (-1.0%) 0.00 164
    2019-04-01 $224,011 (-8.7%) $269,841 (-2.6%) 0.00 174
    2019-05-01 $224,906 (-7.6%) $261,602 (-6.8%) 0.00 196
    2019-06-01 $224,963 (-6.2%) $264,964 (-4.2%) 0.00 206
    2019-07-01 $225,200 (-4.1%) $268,553 (-0.6%) 0.00 223
    2019-08-01 $224,936 (-2.0%) $262,154 (-1.0%) 0.00 216
    2019-09-01 $224,916 (8.4%) $259,801 (1.0%) 0.00 207
    2019-10-01 $224,900 (11.3%) $257,534 (1.2%) 0.00 198
    2019-11-01 $225,900 (17.8%) $262,733 (5.9%) 0.00 177
    2019-12-01 $225,900 (19.0%) $258,917 (5.4%) 0.00 156
    2020-01-01 $225,900 (15.8%) $258,847 (3.5%) 0.00 130
    2020-02-01 $225,900 (12.5%) $263,226 (3.2%) 0.00 132
    2020-03-01 $225,900 (7.2%) $268,028 (2.6%) 0.00 150
    2020-04-01 $229,675 (2.5%) $284,753 (5.5%) 0.00 153
    2020-05-01 $229,900 (2.2%) $285,826 (9.3%) 0.00 154
    2020-06-01 $243,388 (8.2%) $296,301 (11.8%) 0.00 146
    2020-07-01 $247,450 (9.9%) $295,620 (10.1%) 0.00 132
    2020-08-01 $239,800 (6.6%) $292,964 (11.8%) 0.00 124
    2020-09-01 $239,400 (6.4%) $288,102 (10.9%) 0.00 119
    2020-10-01 $215,000 (-4.4%) $266,740 (3.6%) 0.00 111
    2020-11-01 $211,150 (-6.5%) $261,372 (-0.5%) 0.00 93
    2020-12-01 $215,000 (-4.8%) $279,893 (8.1%) 0.00 82
    2021-01-01 $228,800 (1.3%) $312,986 (20.9%) 0.00 63
    2021-02-01 $253,200 (12.1%) $353,935 (34.5%) 0.00 47
    2021-03-01 $278,650 (23.4%) $400,965 (49.6%) 0.00 45
    2021-04-01 $274,900 (19.7%) $398,868 (40.1%) 0.00 57
    2021-05-01 $266,375 (15.9%) $364,563 (27.6%) 0.00 90
    2021-06-01 $264,163 (8.5%) $321,543 (8.5%) 0.00 119
    2021-07-01 $269,900 (9.1%) $321,340 (8.7%) 0.00 118
    2021-08-01 $288,225 (20.2%) $324,898 (10.9%) 0.00 127
    2021-09-01 $282,175 (17.9%) $329,608 (14.4%) 0.00 122
    2021-10-01 $274,477 (27.7%) $330,205 (23.8%) 0.00 112
    2021-11-01 $267,375 (26.6%) $318,946 (22.0%) 0.00 92
    2021-12-01 $285,000 (32.6%) $317,446 (13.4%) 0.00 73
    2022-01-01 $279,900 (22.3%) $320,274 (2.3%) 0.00 66
    2022-02-01 $282,975 (11.8%) $332,273 (-6.1%) 0.00 51
    2022-03-01 $278,200 (-0.2%) $316,389 (-21.1%) 0.00 61
    2022-04-01 $279,900 (1.8%) $318,044 (-20.3%) 0.00 66
    2022-05-01 $297,175 (11.6%) $367,802 (0.9%) 0.00 80
    2022-06-01 $299,450 (13.4%) $372,056 (15.7%) 0.00 87
    2022-07-01 $284,450 (5.4%) $352,596 (9.7%) 0.00 104
    2022-08-01 $300,700 (4.3%) $359,557 (10.7%) 0.00 115
    2022-09-01 $309,000 (9.5%) $360,020 (9.2%) 0.00 115
    2022-10-01 $314,100 (14.4%) $393,413 (19.1%) 0.00 103
    2022-11-01 $317,000 (18.6%) $375,407 (17.7%) 0.00 94
    2022-12-01 $330,000 (15.8%) $374,094 (17.8%) 0.00 81
    2023-01-01 $342,450 (22.4%) $388,943 (21.4%) 0.00 63
    2023-02-01 $349,900 (23.7%) $401,056 (20.7%) 0.00 62
    2023-03-01 $353,450 (27.1%) $410,059 (29.6%) 0.00 60
    2023-04-01 $340,000 (21.5%) $387,538 (21.9%) 0.00 67
    2023-05-01 $344,003 (15.8%) $401,620 (9.2%) 0.00 84
    2023-06-01 $349,900 (16.9%) $397,990 (7.0%) 0.00 103
    2023-07-01 $348,000 (22.3%) $385,388 (9.3%) 0.00 116
    2023-08-01 $342,050 (13.8%) $398,865 (10.9%) 0.00 132
    2023-09-01 $346,500 (12.1%) $398,059 (10.6%) 0.00 133
    2023-10-01 $346,550 (10.3%) $393,970 (0.1%) 0.00 124
    2023-11-01 $338,725 (6.9%) $395,887 (5.5%) 0.00 115
    2023-12-01 $340,500 (3.2%) $392,330 (4.9%) 0.00 97
    2024-01-01 $347,250 (1.4%) $400,592 (3.0%) 0.00 89
    2024-02-01 $347,075 (-0.8%) $401,930 (0.2%) 0.00 85
    2024-03-01 $349,900 (-1.0%) $412,851 (0.7%) 0.00 77
    2024-04-01 $352,725 (3.7%) $402,007 (3.7%) 0.00 97
    2024-05-01 $348,950 (1.4%) $385,355 (-4.1%) 0.00 123
    2024-06-01 $349,900 (0.0%) $395,988 (-0.5%) 0.00 130
    2024-07-01 $349,900 (0.6%) $407,455 (5.7%) 0.00 142
    2024-08-01 $369,900 (8.1%) $421,305 (5.6%) 0.00 155
    2024-09-01 $375,000 (8.2%) $426,441 (7.1%) 0.00 152
    2024-10-01 $370,150 (6.8%) $426,487 (8.3%) 0.00 150
    2024-11-01 $349,999 (3.3%) $400,546 (1.2%) 0.00 145
    2024-12-01 $349,900 (2.8%) $397,091 (1.2%) 0.00 129
    2025-01-01 $349,900 (0.8%) $398,642 (-0.5%) 0.00 115
    2025-02-01 $349,900 (0.8%) $393,496 (-2.1%) 0.00 110
    2025-03-01 $359,900 (2.9%) $397,557 (-3.7%) 0.00 116
    2025-04-01 $382,500 (8.4%) $412,189 (2.5%) 0.00 148
    2025-05-01 $377,000 (8.0%) $418,396 (8.6%) 0.00 179
    2025-06-01 $374,950 (7.2%) $419,733 (6.0%) 0.00 195
    Bemidji's median listing price for 2025-06-01 was $374,950, a difference of $25,050 (7.2%) versus the prior year and $-2,050 versus the prior month.

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

    Bemidji's average listing price for 2025-06-01 was $419,733, a difference of $23,745 (6.0%) versus the prior year and $1,337 versus the prior month.

    For the 2025-06-01 period, Bemidji had 195 MLS listings, a difference of 16 listings (9%) versus the prior month and 65 listings (50%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bemidji (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,609 sqft
    2018-02-01 0 days 1,636 sqft
    2018-03-01 0 days 1,698 sqft
    2018-04-01 0 days 1,919 sqft
    2018-05-01 0 days 1,848 sqft
    2018-06-01 0 days 1,872 sqft
    2018-07-01 0 days 1,808 sqft
    2018-08-01 0 days 1,796 sqft
    2018-09-01 0 days 1,920 sqft
    2018-10-01 0 days 1,850 sqft
    2018-11-01 0 days 1,795 sqft
    2018-12-01 0 days 1,785 sqft
    2019-01-01 0 days 1,730 sqft
    2019-02-01 0 days 1,767 sqft
    2019-03-01 0 days 1,777 sqft
    2019-04-01 0 days 1,774 sqft
    2019-05-01 0 days 1,799 sqft
    2019-06-01 0 days 1,901 sqft
    2019-07-01 0 days 1,957 sqft
    2019-08-01 0 days 1,986 sqft
    2019-09-01 0 days 2,046 sqft
    2019-10-01 0 days 2,071 sqft
    2019-11-01 0 days 2,048 sqft
    2019-12-01 0 days 1,961 sqft
    2020-01-01 0 days 1,986 sqft
    2020-02-01 0 days 1,980 sqft
    2020-03-01 0 days 1,885 sqft
    2020-04-01 0 days 1,976 sqft
    2020-05-01 0 days 1,884 sqft
    2020-06-01 0 days 1,950 sqft
    2020-07-01 0 days 2,094 sqft
    2020-08-01 0 days 2,181 sqft
    2020-09-01 0 days 2,102 sqft
    2020-10-01 0 days 2,016 sqft
    2020-11-01 0 days 1,924 sqft
    2020-12-01 0 days 2,103 sqft
    2021-01-01 0 days 2,154 sqft
    2021-02-01 0 days 2,061 sqft
    2021-03-01 0 days 2,143 sqft
    2021-04-01 0 days 2,333 sqft
    2021-05-01 0 days 1,522 sqft
    2021-06-01 0 days 1,749 sqft
    2021-07-01 0 days 1,744 sqft
    2021-08-01 0 days 1,822 sqft
    2021-09-01 0 days 1,880 sqft
    2021-10-01 0 days 1,772 sqft
    2021-11-01 0 days 1,489 sqft
    2021-12-01 0 days 1,568 sqft
    2022-01-01 0 days 1,568 sqft
    2022-02-01 0 days 1,293 sqft
    2022-03-01 0 days 1,508 sqft
    2022-04-01 0 days 1,591 sqft
    2022-05-01 0 days 1,807 sqft
    2022-06-01 0 days 1,770 sqft
    2022-07-01 0 days 1,560 sqft
    2022-08-01 0 days 1,681 sqft
    2022-09-01 0 days 1,779 sqft
    2022-10-01 0 days 1,904 sqft
    2022-11-01 0 days 1,894 sqft
    2022-12-01 0 days 1,872 sqft
    2023-01-01 0 days 1,896 sqft
    2023-02-01 0 days 1,856 sqft
    2023-03-01 0 days 1,840 sqft
    2023-04-01 0 days 1,745 sqft
    2023-05-01 0 days 1,768 sqft
    2023-06-01 0 days 1,834 sqft
    2023-07-01 0 days 1,783 sqft
    2023-08-01 0 days 1,938 sqft
    2023-09-01 0 days 1,875 sqft
    2023-10-01 0 days 1,923 sqft
    2023-11-01 0 days 1,805 sqft
    2023-12-01 0 days 1,840 sqft
    2024-01-01 0 days 1,841 sqft
    2024-02-01 0 days 1,793 sqft
    2024-03-01 0 days 1,793 sqft
    2024-04-01 0 days 1,766 sqft
    2024-05-01 0 days 1,705 sqft
    2024-06-01 0 days 1,750 sqft
    2024-07-01 0 days 1,836 sqft
    2024-08-01 0 days 1,738 sqft
    2024-09-01 0 days 1,739 sqft
    2024-10-01 0 days 1,692 sqft
    2024-11-01 0 days 1,664 sqft
    2024-12-01 0 days 1,664 sqft
    2025-01-01 0 days 1,687 sqft
    2025-02-01 0 days 1,606 sqft
    2025-03-01 0 days 1,665 sqft
    2025-04-01 0 days 1,558 sqft
    2025-05-01 0 days 1,664 sqft
    2025-06-01 0 days 1,586 sqft
    Bemidji's median listing age (time on market) for 2025-06-01 was 0 days.

    Bemidji's median square footage for active listings during the 2025-06-01 period was 1,586 sqft. One year prior, the average listing was 1,750 sqft.

    Bemidji, MN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 266 $74,490,000 $280,038
    Home Improvement 79 $4,275,000 $54,114
    Refi 67 $12,325,000 $183,955
    Other 65 $4,395,000 $67,615
    Cash Out Refi 40 $8,120,000 $203,000

    Bemidji's most frequently cited loan purpose was Home Purchase, with 266 originations. The 2nd most popular reason was Home Improvement, with 79 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 187 $48,445,000 $259,064
    7-8% 103 $15,935,000 $154,709
    5-6% 76 $16,070,000 $211,447
    Over 8% 55 $4,005,000 $72,818
    <2.5% 6 $400,000 $66,667
    4-5% 6 $1,580,000 $263,333

    During 2024, Bemidji's most frequently originated rate bucket was 6-7%, with 187 originations.

    Loan Sizing (Bemidji, MN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 182 $9,270,000 $50,934
    $200k-400k 175 $48,165,000 $275,229
    $100k-200k 125 $18,945,000 $151,560
    $400k-600k 22 $10,260,000 $466,364
    $600k-1000k 10 $7,350,000 $735,000
    $Over $1MM 3 $9,615,000 $3,205,000

    Bemidji's loan sizing saw the bucket of loans from $100,000 or less with 182 originations, totaling $9,270,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 156 $43,910,000 $281,474
    Under 20% 100 $3,490,000 $34,900
    20-40% 69 $6,825,000 $98,913
    60-80% 63 $22,645,000 $359,444
    40-60% 35 $5,975,000 $170,714
    Over 100% 4 $1,310,000 $327,500

    Bemidji's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 156 originations, totaling $43,910,000 in origination value.