Cedar City Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Cedar City averaged 7.05% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.66% and one month ago for the week of 2024-05-30, the average rate was 7.23%.

Cedar City's average rate one year ago was 6.51%.

For refis of the same type during the week of 2024-07-03, the average rate was 7.26%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Cedar City 30 Year Fixed Rate 2024-07-03 7.05%
Cedar City 30 Year Fixed Rate Refi 2024-07-03 7.26%
Cedar City 15 Year Fixed Rate 2024-07-03 6.05%
Cedar City 15 Year Fixed Rate Refi 2024-07-03 6.45%
Cedar City 30 Year FHA 2024-07-03 6.24%
Cedar City 30 Year FHA Refi 2024-07-03 6.72%
Cedar City 30 Year USDA 2024-07-03 6.94%
Cedar City 30 Year USDA Refi 2024-07-03 6.84%
Cedar City 30 Year VA 2024-07-03 6.52%
Cedar City 30 Year VA Refi 2024-07-03 6.68%
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%) $537,854 (-1.4%) 0.00 402
Cedar City's median listing price for 2024-06-01 was $444,900, a difference of $8,900 (2.0%) versus the prior year and $14,150 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 2024-06-01 was $537,854, a difference of $-7,837 (-1.4%) versus the prior year and $29,312 versus the prior month.

For the 2024-06-01 period, Cedar City had 402 MLS listings, a difference of 27 listings (7%) versus the prior month and 48 listings (14%) 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 1,811 sqft
Cedar City's median listing age (time on market) for 2024-06-01 was 0 days.

Cedar City's median square footage for active listings during the 2024-06-01 period was 1,811 sqft. One year prior, the average listing was 1,822 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.