Bemidji Mortgage Rates & Closing Costs

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 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 6.32% and one month ago for the week of 2025-03-06, the average rate was 6.71%.

Bemidji's average rate one year ago was 6.5%.

For refis of the same type during the week of 2025-04-10, the average rate was 6.82%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Bemidji 30 Year Fixed Rate 2025-04-10 6.5%
Bemidji 30 Year Fixed Rate Refi 2025-04-10 6.82%
Bemidji 15 Year Fixed Rate 2025-04-10 5.82%
Bemidji 15 Year Fixed Rate Refi 2025-04-10 5.82%
Bemidji 30 Year FHA 2025-04-10 6.33%
Bemidji 30 Year FHA Refi 2025-04-10 6.43%
Bemidji 30 Year USDA 2025-04-10 6.45%
Bemidji 30 Year USDA Refi 2025-04-10 6.35%
Bemidji 30 Year VA 2025-04-10 6.29%
Bemidji 30 Year VA Refi 2025-04-10 6.19%
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
Bemidji's median listing price for 2025-03-01 was $359,900, a difference of $10,000 (2.9%) versus the prior year and $10,000 versus the prior month.

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

Bemidji's average listing price for 2025-03-01 was $397,557, a difference of $-15,294 (-3.7%) versus the prior year and $4,061 versus the prior month.

For the 2025-03-01 period, Bemidji had 116 MLS listings, a difference of 6 listings (5%) versus the prior month and 39 listings (51%) 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
Bemidji's median listing age (time on market) for 2025-03-01 was 0 days.

Bemidji's median square footage for active listings during the 2025-03-01 period was 1,665 sqft. One year prior, the average listing was 1,793 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.