Cañon City Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Cañon City averaged
6.81%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.59% and
one month ago for the week of 2023-04-27, the
average rate was 6.15%.
Cañon City's average rate one year ago was 5.02%.
For refis of the same type during the week of 2023-06-01, the average rate
was 6.01%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Cañon City 30 Year Fixed Rate | 2023-06-01 | 6.81% |
| Cañon City 30 Year Fixed Rate Refi | 2023-06-01 | 6.01% |
| Cañon City 15 Year Fixed Rate | 2023-06-01 | 6.18% |
| Cañon City 15 Year Fixed Rate Refi | 2023-06-01 | 6.58% |
| Cañon City 30 Year FHA | 2023-06-01 | -0.22% |
| Cañon City 30 Year FHA Refi | 2023-06-01 | 0% |
| Cañon City 30 Year USDA | 2023-06-01 | -0.2% |
| Cañon City 30 Year USDA Refi | 2023-06-01 | 0% |
| Cañon City 30 Year VA | 2023-06-01 | -0.4% |
| Cañon City 30 Year VA Refi | 2023-06-01 | 0% |
Cañon City 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 Cañon City, CO 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.).
Cañon City Average Closing Costs & Other Stats
Cañon City, CO's 117 lenders originated 1,546
loans during 2022. The total origination value was $353,320,000, with an average loan value of
$228,538.
Cañon City's average closing costs are $5,455.
The top Cañon City lender as defined by loan originations is QUICKEN LOANS, LLC, with
53 loans originated. Their average total fees are
$6,148, which is $385
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Cañon City lenders (with over 10 loans originated) are
Ent Credit Union ($3,161), Wells Fargo Bank ($3,479), The Central Trust Bank ($4,246), Loan Simple, Inc. ($4,596) and SunWest Credit Union ($5,536).
The lowest rate Cañon City lenders (with over 10 loans originated) are
Wells Fargo Bank (4.44%), Ent Credit Union (4.47%), Loan Simple, Inc. (4.52%), SunWest Credit Union (4.63%) and LOANDEPOT.COM, LLC (4.65%).
Cañon City, CO 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $35,670,000 | $30,105,000 | -15.6% | 8.5% |
| Ent Credit Union | $28,040,000 | $24,305,000 | -13.3% | 6.9% |
| QUICKEN LOANS, LLC | $48,335,000 | $22,750,000 | -52.9% | 6.4% |
| THE MORTGAGE COMPANY | $43,060,000 | $17,515,000 | -59.3% | 5.0% |
| The Central Trust Bank | $15,835,000 | $14,530,000 | -8.2% | 4.1% |
| LOANDEPOT.COM, LLC | $19,810,000 | $11,155,000 | -43.7% | 3.2% |
| MID AMERICA MORTGAGE, INC. | $15,115,000 | $10,280,000 | -32.0% | 2.9% |
| Mortgage Research Center, LLC | $10,335,000 | $7,840,000 | -24.1% | 2.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $11,615,000 | $7,580,000 | -34.7% | 2.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $5,960,000 | $7,365,000 | 23.6% | 2.1% |
| HOME POINT FINANCIAL CORPORATION | $11,575,000 | $6,460,000 | -44.2% | 1.8% |
| CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION | $10,545,000 | $6,410,000 | -39.2% | 1.8% |
| CALIBER HOME LOANS, INC. | $7,520,000 | $5,660,000 | -24.7% | 1.6% |
| BROKER SOLUTIONS, INC. | $13,925,000 | $4,920,000 | -64.7% | 1.4% |
| SunWest Credit Union | $3,010,000 | $4,790,000 | 59.1% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $18,125,000 | $4,630,000 | -74.5% | 1.3% |
| Loan Simple, Inc. | $7,890,000 | $4,600,000 | -41.7% | 1.3% |
| U.S. Bank | $6,955,000 | $4,165,000 | -40.1% | 1.2% |
| PENNYMAC LOAN SERVICES, LLC | $10,010,000 | $4,130,000 | -58.7% | 1.2% |
| Wells Fargo Bank | $6,150,000 | $3,775,000 | -38.6% | 1.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,775,000 | $3,370,000 | 21.4% | 1.0% |
| NEWREZ LLC | $6,400,000 | $3,305,000 | -48.4% | 0.9% |
| LOANPAL, LLC | $4,500,000 | $3,275,000 | -27.2% | 0.9% |
| Northpointe Bank | $5,375,000 | $3,090,000 | -42.5% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $8,155,000 | $2,980,000 | -63.5% | 0.8% |
| S1L, Inc. | $4,320,000 | $2,980,000 | -31.0% | 0.8% |
| PLAZA HOME MORTGAGE, INC. | $4,555,000 | $2,960,000 | -35.0% | 0.8% |
| Adams Bank & Trust | $1,895,000 | $2,855,000 | 50.7% | 0.8% |
| Glacier Bank | $2,625,000 | $2,825,000 | 7.6% | 0.8% |
| NBH Bank | $2,655,000 | $2,770,000 | 4.3% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $4,705,000 | $2,745,000 | -41.7% | 0.8% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $4,650,000 | $2,735,000 | -41.2% | 0.8% |
| AMERICAN FINANCING CORPORATION | $5,565,000 | $2,730,000 | -50.9% | 0.8% |
| UNIVERSAL LENDING CORPORATION | $2,910,000 | $2,715,000 | -6.7% | 0.8% |
| NEW DAY FINANCIAL, LLC | $4,825,000 | $2,350,000 | -51.3% | 0.7% |
| GUARANTEED RATE, INC. | $3,085,000 | $2,335,000 | -24.3% | 0.7% |
| KeyBank | $630,000 | $2,055,000 | 226.2% | 0.6% |
| CHERRY CREEK MORTGAGE, LLC | $3,845,000 | $1,880,000 | -51.1% | 0.5% |
| Carrington Mortgage Services, LLC | $1,030,000 | $1,850,000 | 79.6% | 0.5% |
| EVERETT FINANCIAL, INC. | $500,000 | $1,750,000 | 250.0% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $2,960,000 | $1,650,000 | -44.3% | 0.5% |
| SOUTHWEST STAGE FUNDING, LLC | $930,000 | $1,640,000 | 76.3% | 0.5% |
| Plains Commerce Bank | $315,000 | $1,605,000 | 409.5% | 0.5% |
| BAY EQUITY LLC | $1,255,000 | $1,590,000 | 26.7% | 0.5% |
| PEOPLES STATE BANK | $1,560,000 | n/a | 0.4% | |
| USAA Federal Savings Bank | $1,975,000 | $1,515,000 | -23.3% | 0.4% |
| BOKF | $455,000 | $1,490,000 | 227.5% | 0.4% |
| Zions Bancorporation, N.A. | $1,510,000 | $1,480,000 | -2.0% | 0.4% |
| American Mortgage & Equity Consultants, Inc. | $365,000 | $1,390,000 | 280.8% | 0.4% |
| NFM, INC. | $1,535,000 | $1,365,000 | -11.1% | 0.4% |
| AMERICAN ADVISORS GROUP | $975,000 | $1,345,000 | 37.9% | 0.4% |
| PLANET HOME LENDING, LLC | $1,715,000 | $1,325,000 | -22.7% | 0.4% |
| BNY Mellon | $1,315,000 | n/a | 0.4% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $135,000 | $1,290,000 | 855.6% | 0.4% |
| Nations Lending Corporation | $1,385,000 | $1,235,000 | -10.8% | 0.3% |
| Sunflower Bank | $2,975,000 | $1,180,000 | -60.3% | 0.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,515,000 | $1,160,000 | -67.0% | 0.3% |
| KELLER MORTGAGE, LLC | $1,925,000 | $1,135,000 | -41.0% | 0.3% |
| REVERSE MORTGAGE FUNDING LLC | $1,600,000 | $1,100,000 | -31.3% | 0.3% |
| SECURITY SERVICE | $2,795,000 | $1,055,000 | -62.3% | 0.3% |
| MEGASTAR FINANCIAL CORP. | $730,000 | $1,040,000 | 42.5% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $4,540,000 | $1,030,000 | -77.3% | 0.3% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $1,480,000 | $965,000 | -34.8% | 0.3% |
| GUILD MORTGAGE COMPANY | $2,150,000 | $935,000 | -56.5% | 0.3% |
| INTEGRITY MORTGAGE & FINANCIAL INCORPORATED | $2,325,000 | $925,000 | -60.2% | 0.3% |
| UNION HOME MORTGAGE CORP. | $1,825,000 | $925,000 | -49.3% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $510,000 | $915,000 | 79.4% | 0.3% |
| NBKC BANK | $125,000 | $910,000 | 628.0% | 0.3% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $460,000 | $900,000 | 95.7% | 0.3% |
| Amerifirst Financial, Inc. | $655,000 | $900,000 | 37.4% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,160,000 | $900,000 | -22.4% | 0.3% |
| Ixonia Bank | $895,000 | n/a | 0.3% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $525,000 | $885,000 | 68.6% | 0.3% |
| Flagstar Bank, FSB | $1,555,000 | $855,000 | -45.0% | 0.2% |
| Financial Funding Solutions, Inc. | $3,085,000 | $815,000 | -73.6% | 0.2% |
| Equity Prime Mortgage LLC | $810,000 | n/a | 0.2% | |
| PNC Bank | $810,000 | n/a | 0.2% | |
| V.I.P. MORTGAGE, INC. | $2,015,000 | $765,000 | -62.0% | 0.2% |
| THRIVE MORTGAGE, LLC | $1,900,000 | $745,000 | -60.8% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $195,000 | $740,000 | 279.5% | 0.2% |
| HUNT MORTGAGE CORPORATION | $730,000 | n/a | 0.2% | |
| OPEN MORTGAGE, LLC | $1,750,000 | $725,000 | -58.6% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $1,270,000 | $700,000 | -44.9% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,165,000 | $690,000 | -40.8% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $5,350,000 | $685,000 | -87.2% | 0.2% |
| Citadel Servicing Corporation | $670,000 | n/a | 0.2% | |
| LENDINGHOME FUNDING CORPORATION | $215,000 | $670,000 | 211.6% | 0.2% |
| SUMMIT FUNDING, INC. | $665,000 | n/a | 0.2% | |
| The Huntington National Bank | $660,000 | n/a | 0.2% | |
| Gateway First Bank | $585,000 | $645,000 | 10.3% | 0.2% |
| Pinnacle Bank | $635,000 | n/a | 0.2% | |
| MOVEMENT MORTGAGE, LLC | $620,000 | n/a | 0.2% | |
| COLORADO CREDIT UNION | $555,000 | $585,000 | 5.4% | 0.2% |
| SPRING EQ, LLC | $55,000 | $585,000 | 963.6% | 0.2% |
| BELLCO | $245,000 | $580,000 | 136.7% | 0.2% |
| The Home Loan Expert LLC | $325,000 | $570,000 | 75.4% | 0.2% |
| Toyota Financial Savings Bank | $565,000 | n/a | 0.2% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,850,000 | $545,000 | -70.5% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,075,000 | $545,000 | -49.3% | 0.2% |
| CMG MORTGAGE, INC. | $1,345,000 | $535,000 | -60.2% | 0.2% |
| Bank of Colorado | $880,000 | $525,000 | -40.3% | 0.1% |
| Morgan Stanley Private Bank | $525,000 | n/a | 0.1% | |
| WESTERRA CREDIT UNION | $330,000 | $515,000 | 56.1% | 0.1% |
| AMCAP MORTGAGE, LTD. | $500,000 | n/a | 0.1% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $55,000 | $500,000 | 809.1% | 0.1% |
| WILLOW BEND MORTGAGE COMPANY, LLC | $405,000 | $500,000 | 23.5% | 0.1% |
| PHH Mortgage Corporation | $1,570,000 | $480,000 | -69.4% | 0.1% |
| First Bank | $465,000 | n/a | 0.1% | |
| Midwest Mortgage Associates Corporation | $2,275,000 | $460,000 | -79.8% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $370,000 | $455,000 | 23.0% | 0.1% |
| AmeriHome Mortgage Company, LLC | $175,000 | $450,000 | 157.1% | 0.1% |
| Bank of the West | $455,000 | $450,000 | -1.1% | 0.1% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $435,000 | n/a | 0.1% | |
| ANB Bank | $395,000 | $425,000 | 7.6% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,295,000 | $420,000 | -67.6% | 0.1% |
| 1ST SIGNATURE LENDING, LLC | $1,545,000 | $415,000 | -73.1% | 0.1% |
| Magnolia Bank | $1,060,000 | $415,000 | -60.8% | 0.1% |
| Bank of America | $405,000 | $410,000 | 1.2% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $410,000 | n/a | 0.1% | |
| J. VIRGIL, INC. | $960,000 | $410,000 | -57.3% | 0.1% |
| OAKTREE FUNDING CORP. | $405,000 | n/a | 0.1% | |
| AVENTA Credit Union | $270,000 | $390,000 | 44.4% | 0.1% |
| CANVAS CREDIT UNION | $465,000 | $390,000 | -16.1% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $175,000 | $390,000 | 122.9% | 0.1% |
| Commerce Home Mortgage, Inc. | $510,000 | $385,000 | -24.5% | 0.1% |
| CLEARPATH LENDING | $1,615,000 | $380,000 | -76.5% | 0.1% |
| First Guaranty Mortgage Corporation | $1,305,000 | $370,000 | -71.6% | 0.1% |
| M&T Bank | $85,000 | $365,000 | 329.4% | 0.1% |
| Prime Choice Funding Inc. | $315,000 | $365,000 | 15.9% | 0.1% |
| CENTENNIAL LENDING, LLC | $365,000 | $355,000 | -2.7% | 0.1% |
| MICHIGAN MUTUAL, INC. | $660,000 | $355,000 | -46.2% | 0.1% |
| PREMIER MEMBERS CREDIT UNION | $285,000 | $350,000 | 22.8% | 0.1% |
| First Interstate Bank | $345,000 | n/a | 0.1% | |
| JPMorgan Chase Bank | $2,975,000 | $345,000 | -88.4% | 0.1% |
| PREMIA MORTGAGE, LLC | $345,000 | n/a | 0.1% | |
| VERITAS FUNDING, LLC | $315,000 | n/a | 0.1% | |
| Figure Lending LLC | $200,000 | $310,000 | 55.0% | 0.1% |
| Strong Home Mortgage, LLC | $305,000 | n/a | 0.1% | |
| Waterstone Mortgage Corporation | $1,265,000 | $305,000 | -75.9% | 0.1% |
| MANN FINANCIAL INC. | $450,000 | $295,000 | -34.4% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $650,000 | $295,000 | -54.6% | 0.1% |
| SOUTHWEST FUNDING, LP | $285,000 | n/a | 0.1% | |
| First Federal Bank | $275,000 | n/a | 0.1% | |
| Sooper Credit Union | $275,000 | n/a | 0.1% | |
| CERTAINTY HOME LOANS, LLC | $270,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $235,000 | $265,000 | 12.8% | 0.1% |
| Discover Bank | $230,000 | $260,000 | 13.0% | 0.1% |
| STANDARD MORTGAGE CORPORATION | $255,000 | n/a | 0.1% | |
| DELMAR FINANCIAL COMPANY | $245,000 | n/a | 0.1% | |
| Mid-Continent Funding, Inc. | $765,000 | $245,000 | -68.0% | 0.1% |
| Renasant Bank | $225,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $255,000 | $215,000 | -15.7% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $325,000 | $215,000 | -33.8% | 0.1% |
| ZILLOW HOME LOANS, LLC | $745,000 | $215,000 | -71.1% | 0.1% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $205,000 | n/a | 0.1% | |
| PREMIER MORTGAGE SERVICES, INC. | $2,950,000 | $205,000 | -93.1% | 0.1% |
| AIR ACADEMY | $200,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $205,000 | $195,000 | -4.9% | 0.1% |
| GNBank | $195,000 | n/a | 0.1% | |
| UNIVERSITY LENDING GROUP, LLC | $195,000 | n/a | 0.1% | |
| NEXERA HOLDING LLC | $425,000 | $185,000 | -56.5% | 0.1% |
| Alpine Bank | $325,000 | $155,000 | -52.3% | 0.0% |
| Citibank | $155,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $480,000 | $155,000 | -67.7% | 0.0% |
| Secured Investment Corp. | $155,000 | n/a | 0.0% | |
| FirstOak Bank | $135,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $315,000 | $135,000 | -57.1% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $135,000 | n/a | 0.0% | |
| UNITED MORTGAGE CORP. | $285,000 | $135,000 | -52.6% | 0.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,105,000 | $125,000 | -97.0% | 0.0% |
| Elevations Credit Union | $435,000 | $125,000 | -71.3% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $115,000 | $125,000 | 8.7% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $795,000 | $115,000 | -85.5% | 0.0% |
| Chicago Mortgage Solutions LLC | $590,000 | $105,000 | -82.2% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| Credit Union of Denver | $105,000 | n/a | 0.0% | |
| FirstBank | $185,000 | $85,000 | -54.1% | 0.0% |
| Flanagan State Bank | $85,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $415,000 | $80,000 | -80.7% | 0.0% |
| Armed Forces Bank | $75,000 | n/a | 0.0% | |
| Lincoln Savings Bank | $75,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $310,000 | $75,000 | -75.8% | 0.0% |
| POWER | $120,000 | $65,000 | -45.8% | 0.0% |
| Meridian Trust Federal Credit Union | $55,000 | n/a | 0.0% | |
| Minnequa Works Credit Union | $55,000 | n/a | 0.0% | |
| Northwest Bank | $55,000 | n/a | 0.0% | |
| FIDELIS CATHOLIC | $45,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $25,000 | n/a | 0.0% |
Cañon City's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 8.5% market share. In second place, with 6.9%, is Ent Credit Union, having originated $24,305,000 in loans. In third place, with 6.4%, is QUICKEN LOANS, LLC, having originated $22,750,000 in loans. In fourth place, with 5.0%, is THE MORTGAGE COMPANY, having originated $17,515,000 in loans. In fifth place, with 4.1%, is The Central Trust Bank, having originated $14,530,000 in loans.
Cañon City Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Cañon City (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 | $279,975 (14.3%) | $388,350 (10.9%) | 0.00 | 168 |
| 2018-02-01 | $291,250 (20.1%) | $399,052 (11.4%) | 0.00 | 163 |
| 2018-03-01 | $302,500 (6.2%) | $369,987 (1.4%) | 0.00 | 163 |
| 2018-04-01 | $324,190 (12.0%) | $389,474 (1.2%) | 0.00 | 178 |
| 2018-05-01 | $320,979 (-0.1%) | $422,219 (6.9%) | 0.00 | 203 |
| 2018-06-01 | $328,257 (9.6%) | $428,161 (13.0%) | 0.00 | 229 |
| 2018-07-01 | $317,500 (9.1%) | $421,987 (15.3%) | 0.00 | 229 |
| 2018-08-01 | $313,700 (6.4%) | $410,276 (9.8%) | 0.00 | 239 |
| 2018-09-01 | $300,000 (4.0%) | $399,491 (5.4%) | 0.00 | 251 |
| 2018-10-01 | $299,863 (-6.6%) | $389,825 (-3.0%) | 0.00 | 264 |
| 2018-11-01 | $314,925 (7.9%) | $396,859 (2.4%) | 0.00 | 245 |
| 2018-12-01 | $299,900 (9.0%) | $400,562 (5.1%) | 0.00 | 217 |
| 2019-01-01 | $299,900 (7.1%) | $401,987 (3.5%) | 0.00 | 205 |
| 2019-02-01 | $311,950 (7.1%) | $406,160 (1.8%) | 0.00 | 188 |
| 2019-03-01 | $326,657 (8.0%) | $418,878 (13.2%) | 0.00 | 196 |
| 2019-04-01 | $329,000 (1.5%) | $431,325 (10.8%) | 0.00 | 206 |
| 2019-05-01 | $322,870 (0.6%) | $413,323 (-2.1%) | 0.00 | 217 |
| 2019-06-01 | $326,850 (-0.4%) | $421,683 (-1.5%) | 0.00 | 236 |
| 2019-07-01 | $326,388 (2.8%) | $423,655 (0.4%) | 0.00 | 254 |
| 2019-08-01 | $322,945 (3.0%) | $423,382 (3.2%) | 0.00 | 256 |
| 2019-09-01 | $318,476 (6.2%) | $417,221 (4.4%) | 0.00 | 257 |
| 2019-10-01 | $315,497 (5.2%) | $413,340 (6.0%) | 0.00 | 258 |
| 2019-11-01 | $313,000 (-0.6%) | $406,098 (2.3%) | 0.00 | 235 |
| 2019-12-01 | $299,075 (-0.3%) | $403,002 (0.6%) | 0.00 | 233 |
| 2020-01-01 | $286,000 (-4.6%) | $404,381 (0.6%) | 0.00 | 219 |
| 2020-02-01 | $311,450 (-0.2%) | $427,059 (5.2%) | 0.00 | 201 |
| 2020-03-01 | $325,000 (-0.5%) | $447,745 (6.9%) | 0.00 | 203 |
| 2020-04-01 | $331,950 (0.9%) | $449,868 (4.3%) | 0.00 | 193 |
| 2020-05-01 | $350,950 (8.7%) | $448,460 (8.5%) | 0.00 | 190 |
| 2020-06-01 | $350,000 (7.1%) | $459,290 (8.9%) | 0.00 | 193 |
| 2020-07-01 | $358,000 (9.7%) | $462,989 (9.3%) | 0.00 | 181 |
| 2020-08-01 | $356,500 (10.4%) | $483,476 (14.2%) | 0.00 | 172 |
| 2020-09-01 | $345,125 (8.4%) | $470,786 (12.8%) | 0.00 | 158 |
| 2020-10-01 | $354,000 (12.2%) | $468,134 (13.3%) | 0.00 | 139 |
| 2020-11-01 | $359,925 (15.0%) | $474,472 (16.8%) | 0.00 | 123 |
| 2020-12-01 | $349,365 (16.8%) | $453,356 (12.5%) | 0.00 | 123 |
| 2021-01-01 | $349,758 (22.3%) | $446,043 (10.3%) | 0.00 | 100 |
| 2021-02-01 | $329,400 (5.8%) | $429,230 (0.5%) | 0.00 | 87 |
| 2021-03-01 | $364,250 (12.1%) | $441,684 (-1.4%) | 0.00 | 74 |
| 2021-04-01 | $385,794 (16.2%) | $466,430 (3.7%) | 0.00 | 70 |
| 2021-05-01 | $428,500 (22.1%) | $533,418 (18.9%) | 0.00 | 67 |
| 2021-06-01 | $408,250 (16.6%) | $584,357 (27.2%) | 0.00 | 91 |
| 2021-07-01 | $405,000 (13.1%) | $600,161 (29.6%) | 0.00 | 99 |
| 2021-08-01 | $399,750 (12.1%) | $575,440 (19.0%) | 0.00 | 118 |
| 2021-09-01 | $393,817 (14.1%) | $521,250 (10.7%) | 0.00 | 151 |
| 2021-10-01 | $359,000 (1.4%) | $486,815 (4.0%) | 0.00 | 144 |
| 2021-11-01 | $371,200 (3.1%) | $544,493 (14.8%) | 0.00 | 125 |
| 2021-12-01 | $381,225 (9.1%) | $614,033 (35.4%) | 0.00 | 106 |
| 2022-01-01 | $400,000 (14.4%) | $686,219 (53.9%) | 0.00 | 98 |
| 2022-02-01 | $415,000 (26.0%) | $730,167 (70.1%) | 0.00 | 85 |
| 2022-03-01 | $442,999 (21.6%) | $754,172 (70.8%) | 0.00 | 77 |
| 2022-04-01 | $437,500 (13.4%) | $703,478 (50.8%) | 0.00 | 99 |
| 2022-05-01 | $431,975 (0.8%) | $642,517 (20.5%) | 0.00 | 136 |
| 2022-06-01 | $416,750 (2.1%) | $595,475 (1.9%) | 0.00 | 161 |
| 2022-07-01 | $399,950 (-1.3%) | $575,843 (-4.1%) | 0.00 | 206 |
| 2022-08-01 | $420,000 (5.1%) | $593,506 (3.1%) | 0.00 | 225 |
| 2022-09-01 | $397,625 (1.0%) | $583,409 (11.9%) | 0.00 | 237 |
| 2022-10-01 | $375,000 (4.5%) | $563,617 (15.8%) | 0.00 | 238 |
| 2022-11-01 | $371,450 (0.1%) | $513,841 (-5.6%) | 0.00 | 226 |
| 2022-12-01 | $369,000 (-3.2%) | $502,094 (-18.2%) | 0.00 | 205 |
| 2023-01-01 | $364,125 (-9.0%) | $501,468 (-26.9%) | 0.00 | 179 |
| 2023-02-01 | $363,938 (-12.3%) | $524,111 (-28.2%) | 0.00 | 149 |
| 2023-03-01 | $394,500 (-11.0%) | $537,509 (-28.7%) | 0.00 | 147 |
| 2023-04-01 | $437,900 (0.1%) | $566,451 (-19.5%) | 0.00 | 149 |
| 2023-05-01 | $455,000 (5.3%) | $610,856 (-4.9%) | 0.00 | 140 |
Cañon City's median listing price comes in at 0% of the national average.
Cañon City's average listing price for 2023-05-01 was $610,856, a difference of $-31,661 (-4.9%) versus the prior year and $44,405 versus the prior month.
For the 2023-05-01 period, Cañon City had 140 MLS listings, a difference of -9 listings (-6%) versus the prior month and 4 listings (3%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cañon City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 2,075 sqft |
| 2018-02-01 | 0 days | 2,117 sqft |
| 2018-03-01 | 0 days | 2,208 sqft |
| 2018-04-01 | 0 days | 2,342 sqft |
| 2018-05-01 | 0 days | 2,191 sqft |
| 2018-06-01 | 0 days | 2,179 sqft |
| 2018-07-01 | 0 days | 2,140 sqft |
| 2018-08-01 | 0 days | 2,082 sqft |
| 2018-09-01 | 0 days | 1,937 sqft |
| 2018-10-01 | 0 days | 1,991 sqft |
| 2018-11-01 | 0 days | 1,932 sqft |
| 2018-12-01 | 0 days | 1,880 sqft |
| 2019-01-01 | 0 days | 1,832 sqft |
| 2019-02-01 | 0 days | 1,996 sqft |
| 2019-03-01 | 0 days | 2,054 sqft |
| 2019-04-01 | 0 days | 2,052 sqft |
| 2019-05-01 | 0 days | 1,941 sqft |
| 2019-06-01 | 0 days | 2,036 sqft |
| 2019-07-01 | 0 days | 2,065 sqft |
| 2019-08-01 | 0 days | 2,084 sqft |
| 2019-09-01 | 0 days | 1,982 sqft |
| 2019-10-01 | 0 days | 1,903 sqft |
| 2019-11-01 | 0 days | 1,849 sqft |
| 2019-12-01 | 0 days | 1,830 sqft |
| 2020-01-01 | 0 days | 1,769 sqft |
| 2020-02-01 | 0 days | 1,779 sqft |
| 2020-03-01 | 0 days | 1,843 sqft |
| 2020-04-01 | 0 days | 1,929 sqft |
| 2020-05-01 | 0 days | 2,000 sqft |
| 2020-06-01 | 0 days | 2,016 sqft |
| 2020-07-01 | 0 days | 2,089 sqft |
| 2020-08-01 | 0 days | 2,016 sqft |
| 2020-09-01 | 0 days | 1,883 sqft |
| 2020-10-01 | 0 days | 1,824 sqft |
| 2020-11-01 | 0 days | 2,031 sqft |
| 2020-12-01 | 0 days | 1,834 sqft |
| 2021-01-01 | 0 days | 1,712 sqft |
| 2021-02-01 | 0 days | 1,634 sqft |
| 2021-03-01 | 0 days | 1,751 sqft |
| 2021-04-01 | 0 days | 1,598 sqft |
| 2021-05-01 | 0 days | 1,920 sqft |
| 2021-06-01 | 0 days | 2,003 sqft |
| 2021-07-01 | 0 days | 1,969 sqft |
| 2021-08-01 | 0 days | 1,890 sqft |
| 2021-09-01 | 0 days | 1,856 sqft |
| 2021-10-01 | 0 days | 1,826 sqft |
| 2021-11-01 | 0 days | 1,802 sqft |
| 2021-12-01 | 0 days | 1,781 sqft |
| 2022-01-01 | 0 days | 1,863 sqft |
| 2022-02-01 | 0 days | 1,881 sqft |
| 2022-03-01 | 0 days | 1,865 sqft |
| 2022-04-01 | 0 days | 1,870 sqft |
| 2022-05-01 | 0 days | 1,806 sqft |
| 2022-06-01 | 0 days | 1,703 sqft |
| 2022-07-01 | 0 days | 1,693 sqft |
| 2022-08-01 | 0 days | 1,700 sqft |
| 2022-09-01 | 0 days | 1,691 sqft |
| 2022-10-01 | 0 days | 1,659 sqft |
| 2022-11-01 | 0 days | 1,636 sqft |
| 2022-12-01 | 0 days | 1,683 sqft |
| 2023-01-01 | 0 days | 1,644 sqft |
| 2023-02-01 | 0 days | 1,732 sqft |
| 2023-03-01 | 0 days | 1,890 sqft |
| 2023-04-01 | 0 days | 1,981 sqft |
| 2023-05-01 | 0 days | 2,048 sqft |
Cañon City's median square footage for active listings during the 2023-05-01 period was 2,048 sqft. One year prior, the average listing was 1,806 sqft.
Cañon City, CO Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 741 | $210,065,000 | $283,489 |
| Cash Out Refi | 428 | $94,170,000 | $220,023 |
| Refi | 153 | $29,305,000 | $191,536 |
| Other | 135 | $11,895,000 | $88,111 |
| Home Improvement | 89 | $7,885,000 | $88,596 |
Cañon City's most frequently cited loan purpose was Home Purchase, with 741 originations. The 2nd most popular reason was Cash Out Refi, with 428 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 403 | $89,225,000 | $221,402 |
| 5-6% | 365 | $90,285,000 | $247,356 |
| 4-5% | 362 | $94,000,000 | $259,669 |
| 6-7% | 161 | $35,875,000 | $222,826 |
| 2.5-3% | 82 | $19,200,000 | $234,146 |
| 7-8% | 61 | $9,345,000 | $153,197 |
| <2.5% | 60 | $8,780,000 | $146,333 |
| Over 8% | 39 | $4,215,000 | $108,077 |
During 2022, Cañon City's most frequently originated rate bucket was 3-4%, with 403 originations.
Loan Sizing (Cañon City, CO MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 685 | $192,445,000 | $280,942 |
| $100k-200k | 423 | $64,735,000 | $153,038 |
| $100,000 or less | 286 | $14,730,000 | $51,503 |
| $400k-600k | 124 | $58,540,000 | $472,097 |
| $600k-1000k | 23 | $15,905,000 | $691,522 |
| $Over $1MM | 5 | $6,965,000 | $1,393,000 |
Cañon City's loan sizing saw the bucket of loans from $200k-400k with 685 originations, totaling $192,445,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 500 | $155,180,000 | $310,360 |
| 60-80% | 387 | $107,755,000 | $278,437 |
| 40-60% | 237 | $44,785,000 | $188,966 |
| 20-40% | 190 | $22,320,000 | $117,474 |
| Under 20% | 190 | $8,230,000 | $43,316 |
| Over 100% | 26 | $10,170,000 | $391,154 |
Cañon City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 500 originations, totaling $155,180,000 in origination value.