Cedar City Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Cedar City averaged 6.4% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.89% and one month ago for the week of 2024-11-07, the average rate was 6.79%.

    Cedar City's average rate one year ago was 6.93%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.81%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Cedar City 30 Year Fixed Rate 2024-12-12 6.4%
    Cedar City 30 Year Fixed Rate Refi 2024-12-12 6.81%
    Cedar City 15 Year Fixed Rate 2024-12-12 5.94%
    Cedar City 15 Year Fixed Rate Refi 2024-12-12 6.24%
    Cedar City 30 Year FHA 2024-12-12 6.09%
    Cedar City 30 Year FHA Refi 2024-12-12 6.38%
    Cedar City 30 Year USDA 2024-12-12 6.1%
    Cedar City 30 Year USDA Refi 2024-12-12 6.3%
    Cedar City 30 Year VA 2024-12-12 5.82%
    Cedar City 30 Year VA Refi 2024-12-12 6.28%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cedar City, UT.

    Cedar 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 Cedar City, UT 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 91 6.72% $9,182
    State Bank of Southern Utah 68 6.72% $5,769
    AMERICAN FINANCIAL NETWORK, INC. 42 6.70% $8,257
    QUICKEN LOANS, LLC 37 6.68% $7,767
    GUILD MORTGAGE COMPANY 37 6.78% $15,728
    DHI MORTGAGE COMPANY, LTD. 32 6.06% $2,663
    ACADEMY MORTGAGE CORPORATION 30 6.68% $8,524
    INTERCAP LENDING INC. 24 6.77% $7,186
    SUN AMERICAN MORTGAGE COMPANY 15 6.84% $6,412
    MOUNTAIN AMERICA 13 6.64% $5,891
    Flagstar Bank, FSB 12 6.39% $6,172
    Zions Bank 11 6.87% $3,842
    BROKER SOLUTIONS, INC. 11 7.49% $11,543
    FIRST COLONY MORTGAGE CORPORATION 10 6.60% $11,451
    BELEM SERVICING LLC 8 6.92% $7,515
    CMG MORTGAGE, INC. 7 6.93% $7,634
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 7.17% $4,866
    JPMorgan Chase Bank 6 6.52% $9,234
    PENNYMAC LOAN SERVICES, LLC 6 6.29% $8,591
    U.S. Bank 5 6.80% $7,364
    The Loan Store, Inc. 5 7.18% $5,942
    CANOPY MORTGAGE, LLC 5 6.87% $9,662
    AMERICA FIRST 4 6.41% $6,146
    MY MOVE MORTGAGE, LLC 4 7.56% $6,026
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 6.25% $7,058
    SECURITY HOME MORTGAGE, LLC. 4 7.19% $6,986
    Bank of Utah 3 6.79% $1,410
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.54% $5,604
    CITYWIDE HOME LOANS, LLC 3 5.92% $7,304
    CROSSCOUNTRY MORTGAGE, LLC 3 7.19% $5,711
    Mr. Cooper ( Nationstar Mortgage ) 3 6.41% $8,543
    Sierra Pacific Mortgage Company, Inc. 3 7.04% $5,047
    Wells Fargo Bank 3 7.04% $2,547
    Utah Power 2 5.38% $5,980
    NEWREZ LLC 2 6.94% $7,418
    PANORAMA MORTGAGE GROUP, LLC 2 7.56% $9,151
    GOLDENWEST 2 6.25% $6,487
    GUARANTEED RATE, INC. 2 7.19% $13,423
    AMERISAVE MORTGAGE CORPORATION 2 6.25% $13,449
    Utah Mortgage Loan Corporation 2 7.13% $14,696
    CHURCHILL MORTGAGE CORPORATION 1 6.99% $3,977
    CHARTWAY FEDERAL CREDIT UNION 1 6.00% $3,525
    LENDSURE MORTGAGE CORP. 1 7.88% $10,639
    Morgan Stanley Private Bank 1 5.45% $2,878
    Mortgage Research Center, LLC 1 5.25% $7,701
    Century Mortgage Company DBA Century Lending Company 1 6.88% $7,236
    Willamette Valley Bank 1 6.88% $19,281
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.88% $5,694
    CASTLE & COOKE MORTGAGE, LLC 1 7.88% $7,003
    NATIONS DIRECT MORTGAGE, LLC 1 7.38% $9,504
    NAVY FEDERAL CREDIT UNION 1 6.50% $3,693
    NBH Bank 1 6.50% $6,258
    Northwest Farm Credit Services, FLCA 1 6.65% $6,467
    NOVA FINANCIAL & INVESTMENT CORPORATION 1 6.13% $2,657
    Old National Bank 1 8.50% $3,131
    Paramount Residential Mortgage Group, Inc. 1 6.38% $5,772
    CARDINAL FINANCIAL 1 6.99% $6,173
    PENTAGON FEDERAL CREDIT UNION 1 6.38% $5,021
    Cache Valley Bank 1 6.25% $16,075
    BNC National Bank 1 6.00% $3,437
    BAY EQUITY LLC 1 6.25% $3,283
    Wyndham Capital Mortgage, Inc. 1 6.38% $7,533
    ARIZONA 1 6.88% $7,328
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.00% $12,789
    The Huntington National Bank 1 6.50% $4,673
    UBS Bank USA 1 7.13% $4,012
    American Mortgage & Equity Consultants, Inc. 1 7.50% $14,461
    University First Federal Credit Union 1 7.75% $6,846
    AMERICAN FINANCING CORPORATION 1 6.13% $6,249
    UTAH COMMUNITY 1 5.75% $14,209
    VERITAS FUNDING, LLC 1 6.63% $7,683
    Washington Federal Bank 1 6.25% $5,587
    Ally Bank 1 5.88% $3,129
    DIRECT MORTGAGE, CORP. 1 6.25% $15,463
    Firefighters First Federal Credit Union 1 5.63% $2,358
    First National Bank Texas 1 6.38% $5,735
    Deseret First Credit Union 1 5.88% $5,127
    DEEPHAVEN MORTGAGE LLC 1 8.88% $7,237
    FREEDOM MORTGAGE CORPORATION 1 5.75% $10,930
    GENEVA FINANCIAL, LLC 1 7.38% $4,631
    Goldwater Bank, N.A. 1 6.00% $14,296
    CORNERSTONE HOME LENDING, INC. 1 5.99% $6,972
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.25% $4,581

    Cedar City Average Closing Costs & Other Stats

    Cedar City, UT's 83 lenders originated 1,719 loans during 2023. The total origination value was $443,365,000, with an average loan value of $257,920.

    Cedar City's average closing costs are $5,670.

    The top Cedar City lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 91 loans originated. Their average total fees are $9,182, which is $3,414 higher than the next largest lender, State Bank of Southern Utah.

    The lowest fee Cedar City lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,663), Zions Bank ($3,842), State Bank of Southern Utah ($5,769), MOUNTAIN AMERICA ($5,891) and Flagstar Bank, FSB ($6,172).

    The lowest rate Cedar City lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (6.06%), Flagstar Bank, FSB (6.39%), FIRST COLONY MORTGAGE CORPORATION (6.60%), MOUNTAIN AMERICA (6.64%) and ACADEMY MORTGAGE CORPORATION (6.68%).

    Cedar City, UT 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    UNITED WHOLESALE MORTGAGE, LLC $47,500,000 $67,185,000 41.4% 15.2%
    State Bank of Southern Utah $101,270,000 $54,110,000 -46.6% 12.2%
    MOUNTAIN AMERICA $64,310,000 $37,485,000 -41.7% 8.5%
    GUILD MORTGAGE COMPANY $20,850,000 $28,880,000 38.5% 6.5%
    AMERICAN FINANCIAL NETWORK, INC. $26,820,000 n/a 6.0%
    ACADEMY MORTGAGE CORPORATION $34,250,000 $20,655,000 -39.7% 4.7%
    QUICKEN LOANS, LLC $23,375,000 $18,215,000 -22.1% 4.1%
    INTERCAP LENDING INC. $26,050,000 $16,030,000 -38.5% 3.6%
    DHI MORTGAGE COMPANY, LTD. $11,545,000 $15,280,000 32.4% 3.4%
    BROKER SOLUTIONS, INC. $21,945,000 $13,060,000 -40.5% 2.9%
    AMERICA FIRST $9,860,000 $8,760,000 -11.2% 2.0%
    SUN AMERICAN MORTGAGE COMPANY $26,890,000 $8,215,000 -69.4% 1.9%
    Zions Bank $19,195,000 $7,700,000 -59.9% 1.7%
    Flagstar Bank, FSB $7,115,000 $6,495,000 -8.7% 1.5%
    Mortgage Research Center, LLC $5,790,000 $5,070,000 -12.4% 1.1%
    FIRST COLONY MORTGAGE CORPORATION $14,445,000 $4,930,000 -65.9% 1.1%
    U.S. Bank $3,770,000 $4,850,000 28.6% 1.1%
    CMG MORTGAGE, INC. $4,215,000 $4,810,000 14.1% 1.1%
    PENNYMAC LOAN SERVICES, LLC $6,610,000 $4,205,000 -36.4% 0.9%
    JPMorgan Chase Bank $1,195,000 $3,925,000 228.5% 0.9%
    CANOPY MORTGAGE, LLC $3,860,000 $3,840,000 -0.5% 0.9%
    SECURITY SERVICE $1,855,000 $3,680,000 98.4% 0.8%
    BELEM SERVICING LLC $3,395,000 $3,430,000 1.0% 0.8%
    Cache Valley Bank $1,555,000 $2,560,000 64.6% 0.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,135,000 $2,420,000 -70.3% 0.5%
    Plains Commerce Bank $675,000 $2,245,000 232.6% 0.5%
    VILLAGE CAPITAL MORTGAGE $1,715,000 $2,240,000 30.6% 0.5%
    CHARTWAY FEDERAL CREDIT UNION $3,655,000 $2,205,000 -39.7% 0.5%
    MY MOVE MORTGAGE, LLC $2,455,000 $2,085,000 -15.1% 0.5%
    NEWREZ LLC $1,760,000 $1,735,000 -1.4% 0.4%
    Bank of Utah $1,780,000 $1,715,000 -3.7% 0.4%
    SECURITY HOME MORTGAGE, LLC. $1,170,000 $1,615,000 38.0% 0.4%
    CITYWIDE HOME LOANS, LLC $2,745,000 $1,565,000 -43.0% 0.4%
    AMERICAN PACIFIC MORTGAGE CORPORATION $1,525,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $4,960,000 $1,520,000 -69.4% 0.3%
    The Loan Store, Inc. $1,405,000 n/a 0.3%
    AMWEST FUNDING CORP. $1,355,000 $1,345,000 -0.7% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $920,000 $1,340,000 45.7% 0.3%
    GOLDENWEST $1,670,000 $1,150,000 -31.1% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $360,000 $1,145,000 218.1% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $2,100,000 $1,140,000 -45.7% 0.3%
    NAVY FEDERAL CREDIT UNION $2,765,000 $1,125,000 -59.3% 0.3%
    First Savings Bank $1,100,000 n/a 0.2%
    FREEDOM MORTGAGE CORPORATION $4,765,000 $1,030,000 -78.4% 0.2%
    Carrington Mortgage Services, LLC $370,000 $985,000 166.2% 0.2%
    The Federal Savings Bank $355,000 $985,000 177.5% 0.2%
    LOANDEPOT.COM, LLC $7,385,000 $930,000 -87.4% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $3,250,000 $930,000 -71.4% 0.2%
    GENEVA FINANCIAL, LLC $415,000 $890,000 114.5% 0.2%
    Wells Fargo Bank $7,310,000 $840,000 -88.5% 0.2%
    CARDINAL FINANCIAL $42,345,000 $825,000 -98.1% 0.2%
    CASTLE & COOKE MORTGAGE, LLC $775,000 $790,000 1.9% 0.2%
    Sierra Pacific Mortgage Company, Inc. $1,390,000 $765,000 -45.0% 0.2%
    DIRECT MORTGAGE, CORP. $770,000 $760,000 -1.3% 0.2%
    UBS Bank USA $735,000 $750,000 2.0% 0.2%
    Utah Power $915,000 $705,000 -23.0% 0.2%
    Century Mortgage Company DBA Century Lending Company $1,500,000 $700,000 -53.3% 0.2%
    Commerce Home Mortgage, Inc. $700,000 n/a 0.2%
    MANN FINANCIAL INC. $435,000 $700,000 60.9% 0.2%
    PANORAMA MORTGAGE GROUP, LLC $680,000 n/a 0.2%
    Utah Mortgage Loan Corporation $185,000 $680,000 267.6% 0.2%
    UTAH COMMUNITY $615,000 $675,000 9.8% 0.2%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $475,000 $670,000 41.1% 0.2%
    NATIONS DIRECT MORTGAGE, LLC $670,000 n/a 0.2%
    VERITAS FUNDING, LLC $2,320,000 $670,000 -71.1% 0.2%
    GUARANTEED RATE, INC. $1,040,000 $650,000 -37.5% 0.1%
    USAA Federal Savings Bank $1,925,000 $650,000 -66.2% 0.1%
    21ST MORTGAGE CORPORATION $420,000 $645,000 53.6% 0.1%
    Washington Federal Bank $645,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $440,000 $620,000 40.9% 0.1%
    University First Federal Credit Union $795,000 $615,000 -22.6% 0.1%
    AMERICAN UNITED FAMILY OF CREDIT UN $605,000 n/a 0.1%
    American Mortgage & Equity Consultants, Inc. $585,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $6,360,000 $575,000 -91.0% 0.1%
    Willamette Valley Bank $565,000 n/a 0.1%
    BAY EQUITY LLC $3,400,000 $560,000 -83.5% 0.1%
    Morgan Stanley Private Bank $1,080,000 $545,000 -49.5% 0.1%
    NBH Bank $550,000 $545,000 -0.9% 0.1%
    The Huntington National Bank $1,465,000 $545,000 -62.8% 0.1%
    Paramount Residential Mortgage Group, Inc. $235,000 $540,000 129.8% 0.1%
    Goldwater Bank, N.A. $645,000 $535,000 -17.1% 0.1%
    RANLIFE, INC. $830,000 $530,000 -36.1% 0.1%
    Discover Bank $330,000 $500,000 51.5% 0.1%
    LENDSURE MORTGAGE CORP. $2,290,000 $500,000 -78.2% 0.1%
    Ally Bank $485,000 n/a 0.1%
    Wyndham Capital Mortgage, Inc. $465,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $1,985,000 $455,000 -77.1% 0.1%
    Hometown Equity Mortgage, LLC $455,000 n/a 0.1%
    Truist $425,000 n/a 0.1%
    MORTGAGEONE, INC. $415,000 n/a 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $405,000 n/a 0.1%
    Northwest Farm Credit Services, FLCA $405,000 n/a 0.1%
    SourceOne Financial, Inc. $405,000 n/a 0.1%
    CYPRUS Federal Credit Union $1,890,000 $400,000 -78.8% 0.1%
    PREMIER MORTGAGE RESOURCES, L.L.C. $385,000 n/a 0.1%
    Coastal Community Bank $360,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $335,000 n/a 0.1%
    NBKC BANK $335,000 n/a 0.1%
    Firefighters First Federal Credit Union $250,000 $330,000 32.0% 0.1%
    CHURCHILL MORTGAGE CORPORATION $215,000 $325,000 51.2% 0.1%
    AXIA FINANCIAL, LLC $225,000 $315,000 40.0% 0.1%
    Citadel Servicing Corporation $345,000 $310,000 -10.1% 0.1%
    Deseret First Credit Union $435,000 $305,000 -29.9% 0.1%
    FINANCE OF AMERICA REVERSE LLC $335,000 $285,000 -14.9% 0.1%
    Old National Bank $285,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $500,000 $275,000 -45.0% 0.1%
    SOVEREIGN LENDING GROUP INCORPORATED $275,000 n/a 0.1%
    A&D Mortgage LLC $185,000 $245,000 32.4% 0.1%
    First National Bank Texas $455,000 $235,000 -48.4% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $875,000 $235,000 -73.1% 0.1%
    LOANPAL, LLC $1,375,000 $225,000 -83.6% 0.1%
    ARIZONA $215,000 n/a 0.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 n/a 0.0%
    Bethpage Federal Credit Union $215,000 n/a 0.0%
    BNC National Bank $950,000 $205,000 -78.4% 0.0%
    HOMEXPRESS MORTGAGE CORP. $770,000 $205,000 -73.4% 0.0%
    GMFS LLC $185,000 n/a 0.0%
    UTAH FIRST $390,000 $185,000 -52.6% 0.0%
    CORNERSTONE HOME LENDING, INC. $175,000 n/a 0.0%
    DEEPHAVEN MORTGAGE LLC $275,000 $165,000 -40.0% 0.0%
    HomeTrust Bank $165,000 n/a 0.0%
    M&T Bank $380,000 $155,000 -59.2% 0.0%
    S&T Bank $155,000 n/a 0.0%
    Bank of America $2,340,000 $150,000 -93.6% 0.0%
    PHH Mortgage Corporation $2,285,000 $145,000 -93.7% 0.0%
    CHERRY CREEK MORTGAGE, LLC $3,755,000 $135,000 -96.4% 0.0%
    PROVIDENT FUNDING ASSOCIATES, L.P. $1,795,000 $125,000 -93.0% 0.0%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $105,000 n/a 0.0%
    NOVA FINANCIAL & INVESTMENT CORPORATION $285,000 $105,000 -63.2% 0.0%
    SPRING EQ, LLC $295,000 $100,000 -66.1% 0.0%
    OAKTREE FUNDING CORP. $75,000 n/a 0.0%
    PNC Bank $380,000 $55,000 -85.5% 0.0%
    HORIZON UTAH Federal Credit Union $45,000 n/a 0.0%
    TOWER $35,000 n/a 0.0%
    Alpine Credit Union $25,000 n/a 0.0%
    Figure Lending LLC $25,000 n/a 0.0%
    Grand Valley Bank $25,000 n/a 0.0%

    Cedar City's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 15.2% market share. In second place, with 12.2%, is State Bank of Southern Utah, having originated $54,110,000 in loans. In third place, with 8.5%, is MOUNTAIN AMERICA, having originated $37,485,000 in loans. In fourth place, with 6.5%, is GUILD MORTGAGE COMPANY, having originated $28,880,000 in loans. In fifth place, with 6.0%, is AMERICAN FINANCIAL NETWORK, INC., having originated $26,820,000 in loans.

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

    Realtor.com - Cedar 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 $257,675 (17.2%) $313,487 (2.5%) 0.00 422
    2018-02-01 $256,350 (16.3%) $310,480 (-1.0%) 0.00 444
    2018-03-01 $249,900 (11.8%) $304,144 (0.3%) 0.00 449
    2018-04-01 $253,150 (10.1%) $314,585 (3.9%) 0.00 472
    2018-05-01 $254,925 (8.5%) $314,965 (3.0%) 0.00 492
    2018-06-01 $265,000 (12.7%) $326,910 (5.3%) 0.00 510
    2018-07-01 $261,528 (13.7%) $328,142 (8.4%) 0.00 540
    2018-08-01 $255,400 (8.6%) $329,951 (7.5%) 0.00 514
    2018-09-01 $263,900 (10.2%) $338,731 (8.8%) 0.00 494
    2018-10-01 $249,950 (1.4%) $326,220 (5.1%) 0.00 482
    2018-11-01 $252,500 (1.0%) $314,711 (3.6%) 0.00 460
    2018-12-01 $249,900 (0.0%) $306,059 (1.9%) 0.00 437
    2019-01-01 $255,686 (-0.8%) $313,952 (0.2%) 0.00 413
    2019-02-01 $259,450 (1.2%) $320,792 (3.3%) 0.00 407
    2019-03-01 $257,043 (2.9%) $316,006 (3.9%) 0.00 420
    2019-04-01 $259,900 (2.7%) $313,865 (-0.2%) 0.00 428
    2019-05-01 $264,950 (3.9%) $315,886 (0.3%) 0.00 427
    2019-06-01 $250,000 (-5.7%) $314,951 (-3.7%) 0.00 484
    2019-07-01 $257,975 (-1.4%) $319,027 (-2.8%) 0.00 491
    2019-08-01 $259,600 (1.6%) $320,805 (-2.8%) 0.00 475
    2019-09-01 $259,825 (-1.5%) $323,137 (-4.6%) 0.00 450
    2019-10-01 $263,950 (5.6%) $324,692 (-0.5%) 0.00 435
    2019-11-01 $269,000 (6.5%) $324,957 (3.3%) 0.00 422
    2019-12-01 $267,500 (7.0%) $324,673 (6.1%) 0.00 419
    2020-01-01 $269,000 (5.2%) $334,734 (6.6%) 0.00 405
    2020-02-01 $275,000 (6.0%) $340,510 (6.2%) 0.00 353
    2020-03-01 $289,450 (12.6%) $339,423 (7.4%) 0.00 363
    2020-04-01 $289,950 (11.6%) $337,706 (7.6%) 0.00 396
    2020-05-01 $289,900 (9.4%) $332,571 (5.3%) 0.00 397
    2020-06-01 $289,821 (15.9%) $329,638 (4.7%) 0.00 385
    2020-07-01 $299,250 (16.0%) $336,580 (5.5%) 0.00 317
    2020-08-01 $339,000 (30.6%) $411,999 (28.4%) 0.00 245
    2020-09-01 $341,225 (31.3%) $452,954 (40.2%) 0.00 187
    2020-10-01 $336,950 (27.7%) $463,225 (42.7%) 0.00 162
    2020-11-01 $326,950 (21.5%) $477,689 (47.0%) 0.00 155
    2020-12-01 $346,250 (29.4%) $486,574 (49.9%) 0.00 145
    2021-01-01 $347,000 (29.0%) $509,930 (52.3%) 0.00 129
    2021-02-01 $349,950 (27.3%) $530,863 (55.9%) 0.00 113
    2021-03-01 $359,900 (24.3%) $530,969 (56.4%) 0.00 117
    2021-04-01 $371,725 (28.2%) $528,486 (56.5%) 0.00 116
    2021-05-01 $399,900 (37.9%) $515,393 (55.0%) 0.00 117
    2021-06-01 $417,450 (44.0%) $545,215 (65.4%) 0.00 138
    2021-07-01 $405,900 (35.6%) $542,178 (61.1%) 0.00 187
    2021-08-01 $412,475 (21.7%) $556,207 (35.0%) 0.00 180
    2021-09-01 $409,725 (20.1%) $543,610 (20.0%) 0.00 197
    2021-10-01 $419,900 (24.6%) $549,857 (18.7%) 0.00 177
    2021-11-01 $420,750 (28.7%) $569,434 (19.2%) 0.00 152
    2021-12-01 $427,725 (23.5%) $552,931 (13.6%) 0.00 144
    2022-01-01 $435,000 (25.4%) $543,805 (6.6%) 0.00 129
    2022-02-01 $478,500 (36.7%) $566,653 (6.7%) 0.00 141
    2022-03-01 $450,000 (25.0%) $561,831 (5.8%) 0.00 135
    2022-04-01 $484,450 (30.3%) $577,227 (9.2%) 0.00 188
    2022-05-01 $457,450 (14.4%) $560,199 (8.7%) 0.00 255
    2022-06-01 $445,750 (6.8%) $561,489 (3.0%) 0.00 349
    2022-07-01 $444,800 (9.6%) $552,420 (1.9%) 0.00 413
    2022-08-01 $440,000 (6.7%) $549,585 (-1.2%) 0.00 432
    2022-09-01 $457,500 (11.7%) $554,580 (2.0%) 0.00 410
    2022-10-01 $450,000 (7.2%) $546,920 (-0.5%) 0.00 385
    2022-11-01 $439,325 (4.4%) $534,770 (-6.1%) 0.00 376
    2022-12-01 $445,000 (4.0%) $539,229 (-2.5%) 0.00 353
    2023-01-01 $435,000 (0.0%) $520,187 (-4.3%) 0.00 308
    2023-02-01 $433,675 (-9.4%) $521,626 (-8.0%) 0.00 311
    2023-03-01 $429,900 (-4.5%) $518,616 (-7.7%) 0.00 300
    2023-04-01 $429,900 (-11.3%) $532,367 (-7.8%) 0.00 311
    2023-05-01 $431,225 (-5.7%) $543,608 (-3.0%) 0.00 333
    2023-06-01 $436,000 (-2.2%) $545,691 (-2.8%) 0.00 354
    2023-07-01 $437,500 (-1.6%) $525,751 (-4.8%) 0.00 380
    2023-08-01 $433,500 (-1.5%) $536,854 (-2.3%) 0.00 371
    2023-09-01 $440,000 (-3.8%) $547,287 (-1.3%) 0.00 357
    2023-10-01 $449,925 (0.0%) $547,783 (0.2%) 0.00 354
    2023-11-01 $449,200 (2.3%) $548,284 (2.5%) 0.00 346
    2023-12-01 $445,950 (0.2%) $537,557 (-0.3%) 0.00 321
    2024-01-01 $432,000 (-0.7%) $492,773 (-5.3%) 0.00 307
    2024-02-01 $419,500 (-3.3%) $487,932 (-6.5%) 0.00 316
    2024-03-01 $429,700 (-0.1%) $501,772 (-3.3%) 0.00 339
    2024-04-01 $429,925 (0.0%) $488,791 (-8.2%) 0.00 350
    2024-05-01 $430,750 (-0.1%) $508,542 (-6.5%) 0.00 375
    2024-06-01 $444,900 (2.0%) $536,907 (-1.6%) 0.00 402
    2024-07-01 $429,975 (-1.7%) $526,682 (0.2%) 0.00 433
    2024-08-01 $425,000 (-2.0%) $511,812 (-4.7%) 0.00 447
    2024-09-01 $429,925 (-2.3%) $507,551 (-7.3%) 0.00 462
    2024-10-01 $429,475 (-4.6%) $510,427 (-6.8%) 0.00 463
    2024-11-01 $430,000 (-4.3%) $523,092 (-4.6%) 0.00 443
    Cedar City's median listing price for 2024-11-01 was $430,000, a difference of $-19,200 (-4.3%) versus the prior year and $525 versus the prior month.

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

    Cedar City's average listing price for 2024-11-01 was $523,092, a difference of $-25,192 (-4.6%) versus the prior year and $12,665 versus the prior month.

    For the 2024-11-01 period, Cedar City had 443 MLS listings, a difference of -20 listings (-4%) versus the prior month and 97 listings (28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cedar 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 2,089 sqft
    2018-02-01 0 days 2,110 sqft
    2018-03-01 0 days 2,080 sqft
    2018-04-01 0 days 2,104 sqft
    2018-05-01 0 days 2,083 sqft
    2018-06-01 0 days 2,208 sqft
    2018-07-01 0 days 2,106 sqft
    2018-08-01 0 days 2,078 sqft
    2018-09-01 0 days 2,145 sqft
    2018-10-01 0 days 2,077 sqft
    2018-11-01 0 days 2,086 sqft
    2018-12-01 0 days 2,016 sqft
    2019-01-01 0 days 2,084 sqft
    2019-02-01 0 days 2,033 sqft
    2019-03-01 0 days 1,958 sqft
    2019-04-01 0 days 1,951 sqft
    2019-05-01 0 days 1,909 sqft
    2019-06-01 0 days 1,892 sqft
    2019-07-01 0 days 1,868 sqft
    2019-08-01 0 days 1,891 sqft
    2019-09-01 0 days 1,880 sqft
    2019-10-01 0 days 1,902 sqft
    2019-11-01 0 days 1,957 sqft
    2019-12-01 0 days 1,885 sqft
    2020-01-01 0 days 1,898 sqft
    2020-02-01 0 days 1,899 sqft
    2020-03-01 0 days 1,901 sqft
    2020-04-01 0 days 1,907 sqft
    2020-05-01 0 days 1,854 sqft
    2020-06-01 0 days 1,852 sqft
    2020-07-01 0 days 1,960 sqft
    2020-08-01 0 days 2,258 sqft
    2020-09-01 0 days 2,267 sqft
    2020-10-01 0 days 2,209 sqft
    2020-11-01 0 days 2,089 sqft
    2020-12-01 0 days 2,078 sqft
    2021-01-01 0 days 1,899 sqft
    2021-02-01 0 days 1,939 sqft
    2021-03-01 0 days 2,030 sqft
    2021-04-01 0 days 2,017 sqft
    2021-05-01 0 days 1,983 sqft
    2021-06-01 0 days 2,308 sqft
    2021-07-01 0 days 2,118 sqft
    2021-08-01 0 days 1,923 sqft
    2021-09-01 0 days 1,957 sqft
    2021-10-01 0 days 1,810 sqft
    2021-11-01 0 days 1,809 sqft
    2021-12-01 0 days 1,827 sqft
    2022-01-01 0 days 1,843 sqft
    2022-02-01 0 days 1,904 sqft
    2022-03-01 0 days 1,909 sqft
    2022-04-01 0 days 1,927 sqft
    2022-05-01 0 days 1,815 sqft
    2022-06-01 0 days 1,831 sqft
    2022-07-01 0 days 1,824 sqft
    2022-08-01 0 days 1,878 sqft
    2022-09-01 0 days 1,984 sqft
    2022-10-01 0 days 1,950 sqft
    2022-11-01 0 days 1,919 sqft
    2022-12-01 0 days 1,880 sqft
    2023-01-01 0 days 1,842 sqft
    2023-02-01 0 days 1,832 sqft
    2023-03-01 0 days 1,824 sqft
    2023-04-01 0 days 1,810 sqft
    2023-05-01 0 days 1,821 sqft
    2023-06-01 0 days 1,822 sqft
    2023-07-01 0 days 1,800 sqft
    2023-08-01 0 days 1,811 sqft
    2023-09-01 0 days 1,880 sqft
    2023-10-01 0 days 1,864 sqft
    2023-11-01 0 days 1,831 sqft
    2023-12-01 0 days 1,800 sqft
    2024-01-01 0 days 1,797 sqft
    2024-02-01 0 days 1,719 sqft
    2024-03-01 0 days 1,759 sqft
    2024-04-01 0 days 1,715 sqft
    2024-05-01 0 days 1,712 sqft
    2024-06-01 0 days 1,812 sqft
    2024-07-01 0 days 1,796 sqft
    2024-08-01 0 days 1,776 sqft
    2024-09-01 0 days 1,806 sqft
    2024-10-01 0 days 1,810 sqft
    2024-11-01 0 days 1,806 sqft
    Cedar City's median listing age (time on market) for 2024-11-01 was 0 days.

    Cedar City's median square footage for active listings during the 2024-11-01 period was 1,806 sqft. One year prior, the average listing was 1,831 sqft.

    Cedar City, UT Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 931 $309,095,000 $332,003
    Other 220 $25,240,000 $114,727
    Refi 213 $53,425,000 $250,822
    Home Improvement 188 $15,870,000 $84,415
    Cash Out Refi 167 $39,735,000 $237,934

    Cedar City's most frequently cited loan purpose was Home Purchase, with 931 originations. The 2nd most popular reason was Other, with 220 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 583 $202,705,000 $347,693
    7-8% 486 $102,380,000 $210,658
    Over 8% 333 $40,965,000 $123,018
    5-6% 272 $90,160,000 $331,471
    4-5% 38 $5,950,000 $156,579
    <2.5% 2 $50,000 $25,000
    3-4% 2 $480,000 $240,000
    2.5-3% 1 $275,000 $275,000

    During 2023, Cedar City's most frequently originated rate bucket was 6-7%, with 583 originations.

    Loan Sizing (Cedar City, UT MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 705 $206,335,000 $292,674
    $100,000 or less 439 $21,575,000 $49,146
    $100k-200k 265 $37,215,000 $140,434
    $400k-600k 227 $105,025,000 $462,665
    $600k-1000k 73 $49,875,000 $683,219
    $Over $1MM 10 $23,340,000 $2,334,000

    Cedar City's loan sizing saw the bucket of loans from $200k-400k with 705 originations, totaling $206,335,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 524 $194,670,000 $371,508
    Under 20% 430 $23,370,000 $54,349
    60-80% 332 $126,910,000 $382,259
    20-40% 228 $36,200,000 $158,772
    40-60% 180 $52,080,000 $289,333
    Over 100% 21 $9,365,000 $445,952

    Cedar City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 524 originations, totaling $194,670,000 in origination value.