CHAMPAIGN - URBANA Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Champaign - Urbana averaged 5.96% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 5.82% and one month ago for the week of 2024-08-29, the average rate was 6.09%.

Champaign - Urbana's average rate one year ago was 7.35%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.12%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Champaign - Urbana 30 Year Fixed Rate 2024-10-03 5.96%
Champaign - Urbana 30 Year Fixed Rate Refi 2024-10-03 6.12%
Champaign - Urbana 15 Year Fixed Rate 2024-10-03 5.38%
Champaign - Urbana 15 Year Fixed Rate Refi 2024-10-03 5.55%
Champaign - Urbana 30 Year FHA 2024-10-03 5.64%
Champaign - Urbana 30 Year FHA Refi 2024-10-03 5.89%
Champaign - Urbana 30 Year USDA 2024-10-03 5.77%
Champaign - Urbana 30 Year USDA Refi 2024-10-03 6.17%
Champaign - Urbana 30 Year VA 2024-10-03 5.62%
Champaign - Urbana 30 Year VA Refi 2024-10-03 5.8%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CHAMPAIGN-URBANA, IL.

CHAMPAIGN - URBANA 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 CHAMPAIGN-URBANA, IL 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
FLAT BRANCH MORTGAGE, INC. 292 6.85% $2,876
Busey Bank 227 6.16% $2,404
UNIVERSITY OF ILLINOIS COMMUNITY 83 6.27% $1,821
PRIMELENDING, A PLAINSCAPITAL COMPANY 53 7.14% $3,488
Midland States Bank 43 6.61% $3,178
UNITED WHOLESALE MORTGAGE, LLC 40 6.65% $3,853
First Mid Bank & Trust 29 6.47% $1,852
JPMorgan Chase Bank 29 6.67% $3,451
INB 28 6.76% $2,284
QUICKEN LOANS, LLC 28 7.01% $5,633
Heartland Bank and Trust Company 21 6.45% $2,178
FIRST STATE MORTGAGE SERVICES, LLC 18 6.69% $3,455
AMERICAN PACIFIC MORTGAGE CORPORATION 16 7.01% $6,242
The Huntington National Bank 15 6.26% $2,717
Marine Bank 14 6.05% $2,120
PNC Bank 12 6.56% $3,800
Morton Community Bank 12 6.88% $2,353
POINT Mortgage 11 6.66% $3,939
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.52% $4,443
Iroquois Federal Savings and Loan Association 9 6.92% $2,302
1786 9 6.71% $2,297
CROSSCOUNTRY MORTGAGE, LLC 8 6.62% $5,216
BROKER SOLUTIONS, INC. 8 7.03% $4,911
FRONTIER FINANCIAL, INC. 8 6.92% $2,590
U.S. Bank 8 6.73% $2,753
Wells Fargo Bank 7 6.88% $3,896
Prairie State Bank and Trust 7 6.71% $1,902
Flagstar Bank, FSB 6 7.14% $3,912
Regions Bank 6 6.83% $2,843
CITIZENS EQUITY FIRST 5 6.15% $1,765
HOMESIDE FINANCIAL, LLC 5 6.50% $3,044
First Financial Bank 5 7.05% $2,866
GUIDANCE RESIDENTIAL, LLC 4 6.84% $2,351
ZILLOW HOME LOANS, LLC 4 7.31% $4,917
PENNYMAC LOAN SERVICES, LLC 4 6.47% $5,248
CIBM Bank 4 6.97% $2,306
GUARANTEED RATE, INC. 3 7.17% $3,544
GUARANTEED RATE AFFINITY, LLC 3 6.99% $4,329
Petefish, Skiles & Co. 3 6.83% $3,167
PENTAGON FEDERAL CREDIT UNION 3 6.67% $2,190
Community Mortgage Banc Corporation 3 6.79% $2,972
NAVY FEDERAL CREDIT UNION 3 6.29% $3,305
Farm Credit Mid-America, ACA 3 6.67% $6,299
Bank of America 3 5.75% $9,952
Fifth Third Bank 3 6.25% $2,760
GUILD MORTGAGE COMPANY 3 9.17% $3,951
CMG MORTGAGE, INC. 2 6.81% $8,767
Discover Bank 2 6.37% $0
CHURCHILL MORTGAGE CORPORATION 2 7.25% $4,030
First Savings Bank 2 6.13% $2,292
Flanagan State Bank 2 7.88% $3,978
BMO Harris Bank 2 6.63% $3,726
ILLINOIS STATE CREDIT UNION 2 6.25% $1,728
Barrington Bank & Trust Company, N.A. 2 7.18% $4,136
KELLER MORTGAGE, LLC 2 6.69% $2,758
Bank of Springfield 2 7.94% $2,009
Mr. Cooper ( Nationstar Mortgage ) 2 6.13% $3,133
NBKC BANK 2 7.88% $2,355
NexBank 2 7.69% $3,091
Old National Bank 2 7.00% $2,855
Associated Bank 2 6.69% $4,026
AMERISAVE MORTGAGE CORPORATION 2 6.87% $10,008
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.25% $3,408
PURDUE FEDERAL CREDIT UNION 2 7.19% $2,859
American Airlines Federal Credit Union 2 5.81% $0
ROYAL UNITED MORTGAGE LLC 2 6.75% $5,819
Ally Bank 2 5.19% $14,861
Third Federal Savings and Loan Association of Cleveland 2 6.57% $2,041
Allied First Bank,sb 2 6.38% $2,785
University of Wisconsin Credit Union 2 6.38% $2,291
USAA Federal Savings Bank 2 6.06% $4,615
MEMBER FIRST MORTGAGE, LLC 1 6.50% $4,324
Bank of England 1 6.50% $4,250
Morgan Stanley Private Bank 1 5.35% $2,873
Mortgage Research Center, LLC 1 6.99% $3,982
Fidelity Bank 1 6.50% $2,437
MOVEMENT MORTGAGE, LLC 1 5.99% $8,275
STAR ONE CREDIT UNION 1 6.38% $1,585
M&T Bank 1 6.88% $2,451
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.00% $4,240
DRAPER AND KRAMER MORTGAGE CORP. 1 7.00% $5,004
The Central Trust Bank 1 6.38% $1,579
Neighborhood Loans, Inc. 1 6.75% $4,788
The Federal Savings Bank 1 7.13% $3,296
NORTHWEST BANK OF ROCKFORD 1 6.13% $2,184
NP, Inc. 1 9.75% $3,867
Clear Mountain Bank 1 6.63% $2,491
Old Second National Bank 1 6.88% $3,747
Dieterich Bank 1 6.88% $1,877
Deseret First Credit Union 1 6.13% $5,536
Deere Employees Credit Union 1 5.88% $1,806
PHH Mortgage Corporation 1 6.88% $6,143
Plains Commerce Bank 1 5.50% $1,374
The Loan Store, Inc. 1 7.25% $2,687
COMPASS MORTGAGE, INC. 1 6.88% $6,460
Credit Union 1 1 7.38% $3,566
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 7.25% $3,310
Princeton Federal Credit Union 1 6.88% $4,493
THRIVENT Federal Credit Union 1 6.75% $2,635
UNION HOME MORTGAGE CORP. 1 7.38% $3,767
CALIBER HOME LOANS, INC. 1 6.63% $4,258
Fortress Bank 1 6.88% $1,862
Cathay Bank 1 6.38% $3,061
Grundy Bank 1 6.63% $2,926
First State Bank 1 5.88% $1,947
First National Bank of America 1 9.38% $7,290
First Financial Bank 1 6.38% $4,534
First Federal Savings Bank 1 6.38% $2,822
HEARTLAND 1 6.25% $2,230
CONSUMERS COOPERATIVE CREDIT UNION 1 6.75% $1,952
FIRST COMMUNITY 1 5.50% $1,369
IAA Credit Union 1 5.88% $2,845
RBC Bank, (Georgia) 1 6.00% $1,420
Blue Ridge Bank 1 6.50% $2,488
Baxter Credit Union 1 6.75% $3,512
CORNERSTONE HOME LENDING, INC. 1 7.13% $8,227
ALLIANT CREDIT UNION 1 6.50% $3,640
Key Mortgage Services, Inc. 1 7.25% $4,614
LOANDEPOT.COM, LLC 1 7.50% $4,249
Simmons Bank 1 7.50% $2,699

CHAMPAIGN - URBANA Average Closing Costs & Other Stats

CHAMPAIGN-URBANA, IL's 120 lenders originated 3,138 loans during 2023. The total origination value was $818,700,000, with an average loan value of $260,899.

CHAMPAIGN - URBANA's average closing costs are $3,045.

The top CHAMPAIGN - URBANA lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 292 loans originated. Their average total fees are $2,876, which is $472 higher than the next largest lender, Busey Bank.

The lowest fee CHAMPAIGN - URBANA lenders (with over 10 loans originated) are UNIVERSITY OF ILLINOIS COMMUNITY ($1,821), First Mid Bank & Trust ($1,852), Marine Bank ($2,120), Heartland Bank and Trust Company ($2,178) and INB ($2,284).

The lowest rate CHAMPAIGN - URBANA lenders (with over 10 loans originated) are Marine Bank (6.05%), Busey Bank (6.16%), The Huntington National Bank (6.26%), UNIVERSITY OF ILLINOIS COMMUNITY (6.27%) and Heartland Bank and Trust Company (6.45%).

CHAMPAIGN-URBANA, IL 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
Busey Bank $217,065,000 $151,735,000 -30.1% 18.5%
FLAT BRANCH MORTGAGE, INC. $88,435,000 $81,185,000 -8.2% 9.9%
Morton Community Bank $70,365,000 $48,905,000 -30.5% 6.0%
Old National Bank $2,250,000 $43,935,000 1,852.7% 5.4%
Iroquois Federal Savings and Loan Association $54,915,000 $43,055,000 -21.6% 5.3%
Hickory Point Bank and Trust $71,875,000 $40,450,000 -43.7% 4.9%
The Fisher National Bank $30,530,000 $28,035,000 -8.2% 3.4%
UNIVERSITY OF ILLINOIS COMMUNITY $13,865,000 $19,125,000 37.9% 2.3%
First Federal Savings Bank of Champaign-Urbana $30,875,000 $17,885,000 -42.1% 2.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $29,590,000 $17,490,000 -40.9% 2.1%
UNITED WHOLESALE MORTGAGE, LLC $21,860,000 $15,045,000 -31.2% 1.8%
First Financial Bank $5,985,000 $14,070,000 135.1% 1.7%
QUICKEN LOANS, LLC $21,845,000 $13,845,000 -36.6% 1.7%
1786 $12,970,000 n/a 1.6%
First Mid Bank & Trust $41,790,000 $12,920,000 -69.1% 1.6%
Midland States Bank $16,000,000 $11,650,000 -27.2% 1.4%
INB $32,975,000 $11,245,000 -65.9% 1.4%
Mortgage Research Center, LLC $9,510,000 $10,350,000 8.8% 1.3%
American Bank of Missouri $9,745,000 n/a 1.2%
JPMorgan Chase Bank $24,910,000 $8,580,000 -65.6% 1.0%
First State Bank $18,630,000 $7,545,000 -59.5% 0.9%
PNC Bank $12,790,000 $7,410,000 -42.1% 0.9%
First State Bank $18,630,000 $7,205,000 -61.3% 0.9%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,435,000 $7,035,000 188.9% 0.9%
CBRE MULTIFAMILY CAPITAL, INC. $6,805,000 n/a 0.8%
CIBM Bank $575,000 $6,580,000 1,044.3% 0.8%
BankChampaign, N.A. $5,300,000 n/a 0.6%
The Gifford State Bank $5,100,000 n/a 0.6%
FIRST STATE MORTGAGE SERVICES, LLC $5,950,000 $5,090,000 -14.5% 0.6%
The Huntington National Bank $2,925,000 $4,925,000 68.4% 0.6%
Marine Bank $23,580,000 $4,715,000 -80.0% 0.6%
Bank of Springfield $460,000 $4,370,000 850.0% 0.5%
Prairie State Bank and Trust $13,695,000 $4,055,000 -70.4% 0.5%
ORIX REAL ESTATE CAPITAL, LLC $3,855,000 n/a 0.5%
Heartland Bank and Trust Company $6,020,000 $3,760,000 -37.5% 0.5%
Regions Bank $4,015,000 $3,755,000 -6.5% 0.5%
POINT Mortgage $3,675,000 n/a 0.4%
State Bank of Bement $3,515,000 n/a 0.4%
BROKER SOLUTIONS, INC. $2,205,000 $3,395,000 54.0% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $2,310,000 $2,765,000 19.7% 0.3%
NAVY FEDERAL CREDIT UNION $3,705,000 $2,690,000 -27.4% 0.3%
U.S. Bank $4,105,000 $2,505,000 -39.0% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,335,000 $2,450,000 -54.1% 0.3%
Prospect Bank $27,720,000 $2,275,000 -91.8% 0.3%
First State Bank of Forrest $3,055,000 $2,230,000 -27.0% 0.3%
Bank of America $2,820,000 $2,195,000 -22.2% 0.3%
Flagstar Bank, FSB $2,505,000 $2,180,000 -13.0% 0.3%
FRONTIER FINANCIAL, INC. $2,110,000 n/a 0.3%
LOANDEPOT.COM, LLC $3,175,000 $2,075,000 -34.6% 0.3%
Wells Fargo Bank $9,790,000 $2,000,000 -79.6% 0.2%
CITIZENS EQUITY FIRST $2,750,000 $1,950,000 -29.1% 0.2%
PENNYMAC LOAN SERVICES, LLC $3,460,000 $1,910,000 -44.8% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $3,670,000 $1,835,000 -50.0% 0.2%
USAA Federal Savings Bank $2,555,000 $1,775,000 -30.5% 0.2%
GUARANTEED RATE, INC. $9,690,000 $1,550,000 -84.0% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,140,000 $1,535,000 34.6% 0.2%
Associated Bank $365,000 $1,455,000 298.6% 0.2%
Carrington Mortgage Services, LLC $2,040,000 $1,390,000 -31.9% 0.2%
Farm Credit Mid-America, ACA $835,000 $1,330,000 59.3% 0.2%
PENTAGON FEDERAL CREDIT UNION $715,000 $1,280,000 79.0% 0.2%
HOMESIDE FINANCIAL, LLC $1,280,000 $1,220,000 -4.7% 0.1%
AMERICAN HERITAGE LENDING, INC. $1,140,000 n/a 0.1%
Discover Bank $875,000 $1,120,000 28.0% 0.1%
Third Federal Savings and Loan Association of Cleveland $675,000 $1,115,000 65.2% 0.1%
PURDUE FEDERAL CREDIT UNION $740,000 $1,030,000 39.2% 0.1%
NEWREZ LLC $1,540,000 $1,025,000 -33.4% 0.1%
BMO Harris Bank $125,000 $1,015,000 712.0% 0.1%
UNION HOME MORTGAGE CORP. $465,000 $990,000 112.9% 0.1%
GUIDANCE RESIDENTIAL, LLC $2,025,000 $975,000 -51.9% 0.1%
FREEDOM MORTGAGE CORPORATION $3,175,000 $915,000 -71.2% 0.1%
Barrington Bank & Trust Company, N.A. $360,000 $895,000 148.6% 0.1%
American Airlines Federal Credit Union $275,000 $835,000 203.6% 0.1%
Citizens Bank $900,000 $815,000 -9.4% 0.1%
GUARANTEED RATE AFFINITY, LLC $1,255,000 $815,000 -35.1% 0.1%
Morgan Stanley Private Bank $410,000 $815,000 98.8% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $3,635,000 $795,000 -78.1% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $735,000 n/a 0.1%
Fifth Third Bank $1,065,000 $715,000 -32.9% 0.1%
Bank of Gibson City $710,000 n/a 0.1%
Flanagan State Bank $515,000 $695,000 35.0% 0.1%
Ally Bank $765,000 $680,000 -11.1% 0.1%
CMG MORTGAGE, INC. $675,000 n/a 0.1%
21ST MORTGAGE CORPORATION $1,530,000 $670,000 -56.2% 0.1%
ROYAL UNITED MORTGAGE LLC $550,000 $665,000 20.9% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $145,000 $635,000 337.9% 0.1%
GUILD MORTGAGE COMPANY $925,000 $635,000 -31.4% 0.1%
First Financial Bank $5,985,000 $580,000 -90.3% 0.1%
NexBank $580,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $300,000 $570,000 90.0% 0.1%
Network Funding, L.P. $555,000 n/a 0.1%
Warren-Boynton State Bank $545,000 n/a 0.1%
Coastal Community Bank $515,000 n/a 0.1%
Catlin Bank $1,415,000 $510,000 -64.0% 0.1%
COMPASS MORTGAGE, INC. $630,000 $510,000 -19.0% 0.1%
Community Mortgage Banc Corporation $1,135,000 $505,000 -55.5% 0.1%
ILLINOIS STATE CREDIT UNION $115,000 $500,000 334.8% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,175,000 $490,000 -58.3% 0.1%
Credit Union 1 $560,000 $460,000 -17.9% 0.1%
Fidelity Bank $240,000 $455,000 89.6% 0.1%
Petefish, Skiles & Co. $1,200,000 $450,000 -62.5% 0.1%
Service Federal Credit Union $440,000 n/a 0.1%
University of Wisconsin Credit Union $435,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $425,000 $415,000 -2.4% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $560,000 $410,000 -26.8% 0.1%
Simmons Bank $405,000 n/a 0.0%
First Savings Bank $1,900,000 $395,000 -79.2% 0.0%
MOVEMENT MORTGAGE, LLC $105,000 $395,000 276.2% 0.0%
Equity Prime Mortgage LLC $490,000 $370,000 -24.5% 0.0%
Old Second National Bank $365,000 n/a 0.0%
CARDINAL FINANCIAL $250,000 $350,000 40.0% 0.0%
NBKC BANK $745,000 $350,000 -53.0% 0.0%
Baxter Credit Union $600,000 $345,000 -42.5% 0.0%
First Federal Bank of the Midwest $340,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $335,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $335,000 n/a 0.0%
Municipal Trust and Savings Bank $335,000 n/a 0.0%
Deseret First Credit Union $325,000 n/a 0.0%
National Bank of St. Anne $325,000 n/a 0.0%
Cathay Bank $320,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $315,000 n/a 0.0%
The Federal Savings Bank $1,280,000 $315,000 -75.4% 0.0%
Commerce Bank $6,665,000 $310,000 -95.3% 0.0%
Clear Mountain Bank $305,000 n/a 0.0%
NP, Inc. $305,000 n/a 0.0%
Deere Employees Credit Union $25,000 $300,000 1,100.0% 0.0%
Figure Lending LLC $170,000 $300,000 76.5% 0.0%
Key Mortgage Services, Inc. $295,000 n/a 0.0%
Grundy Bank $290,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $825,000 $290,000 -64.8% 0.0%
First National Bank of America $165,000 $275,000 66.7% 0.0%
Merchants and Manufacturers Bank $275,000 n/a 0.0%
M&T Bank $250,000 $275,000 10.0% 0.0%
CALIBER HOME LOANS, INC. $2,330,000 $265,000 -88.6% 0.0%
DEEPHAVEN MORTGAGE LLC $265,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $265,000 n/a 0.0%
Carrollton Bank $75,000 $255,000 240.0% 0.0%
International Bank of Chicago $885,000 $255,000 -71.2% 0.0%
HEARTLAND $165,000 $250,000 51.5% 0.0%
KELLER MORTGAGE, LLC $2,030,000 $250,000 -87.7% 0.0%
CONSUMERS COOPERATIVE CREDIT UNION $95,000 $245,000 157.9% 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $200,000 $225,000 12.5% 0.0%
The Loan Store, Inc. $225,000 n/a 0.0%
Neighborhood Loans, Inc. $210,000 n/a 0.0%
Prosperity Home Mortgage, LLC $210,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $140,000 $210,000 50.0% 0.0%
ALLIANT CREDIT UNION $110,000 $205,000 86.4% 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $205,000 $205,000 0.0% 0.0%
Bank of England $445,000 $205,000 -53.9% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $205,000 n/a 0.0%
FIRST COMMUNITY $205,000 n/a 0.0%
State Bank of Graymont $330,000 $200,000 -39.4% 0.0%
Farmers State Bank of Alto Pass $195,000 n/a 0.0%
IAA Credit Union $165,000 $195,000 18.2% 0.0%
Fortress Bank $190,000 n/a 0.0%
ROSS MORTGAGE CORPORATION $185,000 n/a 0.0%
Allied First Bank,sb $65,000 $180,000 176.9% 0.0%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $175,000 n/a 0.0%
MEMBER FIRST MORTGAGE, LLC $175,000 n/a 0.0%
First Federal Savings Bank $165,000 n/a 0.0%
STAR ONE CREDIT UNION $245,000 $165,000 -32.7% 0.0%
ACADEMY MORTGAGE CORPORATION $160,000 n/a 0.0%
The Central Trust Bank $155,000 n/a 0.0%
NORTHWEST BANK OF ROCKFORD $245,000 $145,000 -40.8% 0.0%
PHH Mortgage Corporation $135,000 $145,000 7.4% 0.0%
Plains Commerce Bank $145,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $75,000 $145,000 93.3% 0.0%
VILLAGE CAPITAL MORTGAGE $240,000 $135,000 -43.8% 0.0%
Scott State Bank $145,000 $130,000 -10.3% 0.0%
Dieterich Bank $125,000 n/a 0.0%
DECATUR EARTHMOVER CREDIT UNION $390,000 $120,000 -69.2% 0.0%
AMWEST FUNDING CORP. $105,000 $115,000 9.5% 0.0%
RBC Bank, (Georgia) $115,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $105,000 n/a 0.0%
JUSTICE Federal Credit Union $105,000 n/a 0.0%
The First National Bank of Pandora $105,000 n/a 0.0%
Blue Ridge Bank $95,000 n/a 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $95,000 n/a 0.0%
AXIA FINANCIAL, LLC $85,000 n/a 0.0%
Princeton Federal Credit Union $75,000 n/a 0.0%
Farmers Bank and Trust Company $65,000 n/a 0.0%
PLANET HOME LENDING, LLC $155,000 $55,000 -64.5% 0.0%
THRIVENT Federal Credit Union $90,000 $45,000 -50.0% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $35,000 n/a 0.0%
First National Bank of Pana $35,000 n/a 0.0%
TrustBank $35,000 n/a 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $25,000 n/a 0.0%
First Farmers Bank and Trust Company $15,000 n/a 0.0%
FOUR POINTS $15,000 n/a 0.0%

CHAMPAIGN - URBANA's top lender by overall market share is Busey Bank, with 18.5% market share. In second place, with 9.9%, is FLAT BRANCH MORTGAGE, INC., having originated $81,185,000 in loans. In third place, with 6.0%, is Morton Community Bank, having originated $48,905,000 in loans. In fourth place, with 5.4%, is Old National Bank, having originated $43,935,000 in loans. In fifth place, with 5.3%, is Iroquois Federal Savings and Loan Association, having originated $43,055,000 in loans.


CHAMPAIGN - URBANA Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - CHAMPAIGN - URBANA (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 $161,075 (8.0%) $213,404 (8.3%) 0.60 913
2018-02-01 $169,900 (16.0%) $216,965 (8.7%) 0.62 867
2018-03-01 $179,900 (14.3%) $227,353 (10.1%) 0.63 846
2018-04-01 $182,450 (12.3%) $230,719 (6.2%) 0.62 869
2018-05-01 $189,900 (16.9%) $229,921 (4.6%) 0.63 890
2018-06-01 $179,900 (9.1%) $224,275 (0.4%) 0.60 951
2018-07-01 $175,000 (3.0%) $222,682 (-1.6%) 0.58 977
2018-08-01 $177,250 (4.2%) $222,468 (-0.7%) 0.59 1,000
2018-09-01 $175,750 (3.4%) $222,799 (-1.8%) 0.59 990
2018-10-01 $179,800 (8.0%) $221,632 (0.0%) 0.61 965
2018-11-01 $178,575 (9.9%) $219,700 (2.0%) 0.61 947
2018-12-01 $175,000 (9.4%) $213,694 (0.6%) 0.60 910
2019-01-01 $177,000 (9.9%) $217,221 (1.8%) 0.61 828
2019-02-01 $177,950 (4.7%) $225,021 (3.7%) 0.60 846
2019-03-01 $188,471 (4.8%) $233,677 (2.8%) 0.62 823
2019-04-01 $204,900 (12.3%) $241,521 (4.7%) 0.65 801
2019-05-01 $199,400 (5.0%) $240,457 (4.6%) 0.62 841
2019-06-01 $195,000 (8.4%) $239,200 (6.7%) 0.61 883
2019-07-01 $191,400 (9.4%) $233,847 (5.0%) 0.60 933
2019-08-01 $182,245 (2.8%) $227,226 (2.1%) 0.58 953
2019-09-01 $178,114 (1.3%) $221,285 (-0.7%) 0.57 960
2019-10-01 $175,909 (-2.2%) $217,866 (-1.7%) 0.57 963
2019-11-01 $174,900 (-2.1%) $216,571 (-1.4%) 0.57 926
2019-12-01 $169,675 (-3.0%) $218,550 (2.3%) 0.57 843
2020-01-01 $173,700 (-1.9%) $217,755 (0.3%) 0.58 791
2020-02-01 $185,900 (4.5%) $233,138 (3.6%) 0.61 730
2020-03-01 $194,900 (3.4%) $241,694 (3.4%) 0.61 722
2020-04-01 $197,675 (-3.5%) $243,735 (0.9%) 0.62 689
2020-05-01 $209,000 (4.8%) $247,751 (3.0%) 0.64 602
2020-06-01 $203,425 (4.3%) $251,729 (5.2%) 0.60 555
2020-07-01 $223,650 (16.9%) $263,742 (12.8%) 0.65 532
2020-08-01 $216,200 (18.6%) $258,680 (13.8%) 0.62 485
2020-09-01 $212,400 (19.3%) $256,440 (15.9%) 0.61 481
2020-10-01 $192,900 (9.7%) $247,854 (13.8%) 0.55 446
2020-11-01 $185,625 (6.1%) $240,906 (11.2%) 0.54 426
2020-12-01 $189,975 (12.0%) $241,779 (10.6%) 0.57 383
2021-01-01 $189,900 (9.3%) $240,242 (10.3%) 0.57 328
2021-02-01 $177,500 (-4.5%) $239,952 (2.9%) 0.52 271
2021-03-01 $179,425 (-7.9%) $251,307 (4.0%) 0.51 247
2021-04-01 $185,000 (-6.4%) $262,669 (7.8%) 0.50 231
2021-05-01 $184,900 (-11.5%) $268,471 (8.4%) 0.49 245
2021-06-01 $192,450 (-5.4%) $272,198 (8.1%) 0.51 267
2021-07-01 $185,000 (-17.3%) $263,952 (0.1%) 0.49 330
2021-08-01 $174,450 (-19.3%) $250,983 (-3.0%) 0.47 338
2021-09-01 $164,300 (-22.7%) $250,038 (-2.5%) 0.44 328
2021-10-01 $159,900 (-17.1%) $247,501 (-0.1%) 0.43 341
2021-11-01 $152,225 (-18.0%) $256,465 (6.5%) 0.41 305
2021-12-01 $151,950 (-20.0%) $253,663 (4.9%) 0.41 254
2022-01-01 $140,950 (-25.8%) $252,576 (5.1%) 0.38 216
2022-02-01 $152,050 (-14.3%) $265,756 (10.8%) 0.40 190
2022-03-01 $167,450 (-6.7%) $258,720 (3.0%) 0.42 172
2022-04-01 $165,000 (-10.8%) $261,718 (-0.4%) 0.39 190
2022-05-01 $175,000 (-5.4%) $246,611 (-8.1%) 0.40 222
2022-06-01 $184,450 (-4.2%) $260,409 (-4.3%) 0.41 254
2022-07-01 $187,500 (1.4%) $253,339 (-4.0%) 0.42 328
2022-08-01 $188,500 (8.1%) $250,786 (-0.1%) 0.44 338
2022-09-01 $199,450 (21.4%) $260,273 (4.1%) 0.47 337
2022-10-01 $199,900 (25.0%) $264,649 (6.9%) 0.47 328
2022-11-01 $202,450 (33.0%) $260,188 (1.5%) 0.49 307
2022-12-01 $203,500 (33.9%) $263,769 (4.0%) 0.50 268
2023-01-01 $204,325 (45.0%) $272,906 (8.1%) 0.51 229
2023-02-01 $224,450 (47.6%) $300,491 (13.1%) 0.54 194
2023-03-01 $256,875 (53.4%) $332,133 (28.4%) 0.61 175
2023-04-01 $274,900 (66.6%) $344,734 (31.7%) 0.64 184
2023-05-01 $293,450 (67.7%) $352,714 (43.0%) 0.67 184
2023-06-01 $281,175 (52.4%) $345,006 (32.5%) 0.63 214
2023-07-01 $284,900 (52.0%) $349,833 (38.1%) 0.65 219
2023-08-01 $278,725 (47.9%) $353,589 (41.0%) 0.64 242
2023-09-01 $275,000 (37.9%) $351,061 (34.9%) 0.64 278
2023-10-01 $256,225 (28.2%) $336,731 (27.2%) 0.60 279
2023-11-01 $248,925 (23.0%) $323,231 (24.2%) 0.59 286
2023-12-01 $237,900 (16.9%) $312,523 (18.5%) 0.58 277
2024-01-01 $239,675 (17.3%) $320,228 (17.3%) 0.59 248
2024-02-01 $279,900 (24.7%) $341,213 (13.6%) 0.67 215
2024-03-01 $294,900 (14.8%) $369,535 (11.3%) 0.69 196
2024-04-01 $327,175 (19.0%) $390,478 (13.3%) 0.76 195
2024-05-01 $332,400 (13.3%) $402,397 (14.1%) 0.75 217
2024-06-01 $325,000 (15.6%) $384,105 (11.3%) 0.73 250
2024-07-01 $307,400 (7.9%) $372,521 (6.5%) 0.70 271
2024-08-01 $284,950 (2.2%) $360,759 (2.0%) 0.66 293
2024-09-01 $264,900 (-3.7%) $345,826 (-1.5%) 0.00 309
CHAMPAIGN - URBANA's median listing price for 2024-09-01 was $264,900, a difference of $-10,100 (-3.7%) versus the prior year and $-20,050 versus the prior month.

CHAMPAIGN - URBANA's median listing price comes in at 0% of the national average.

CHAMPAIGN - URBANA's average listing price for 2024-09-01 was $345,826, a difference of $-5,235 (-1.5%) versus the prior year and $-14,933 versus the prior month.

For the 2024-09-01 period, CHAMPAIGN - URBANA had 309 MLS listings, a difference of 16 listings (5%) versus the prior month and 31 listings (11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - CHAMPAIGN - URBANA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 109 days 1,654 sqft
2018-02-01 108 days 1,666 sqft
2018-03-01 78 days 1,715 sqft
2018-04-01 59 days 1,760 sqft
2018-05-01 61 days 1,800 sqft
2018-06-01 62 days 1,782 sqft
2018-07-01 65 days 1,768 sqft
2018-08-01 68 days 1,781 sqft
2018-09-01 72 days 1,764 sqft
2018-10-01 80 days 1,770 sqft
2018-11-01 88 days 1,757 sqft
2018-12-01 100 days 1,736 sqft
2019-01-01 113 days 1,712 sqft
2019-02-01 107 days 1,717 sqft
2019-03-01 90 days 1,743 sqft
2019-04-01 67 days 1,802 sqft
2019-05-01 59 days 1,822 sqft
2019-06-01 65 days 1,800 sqft
2019-07-01 67 days 1,824 sqft
2019-08-01 68 days 1,776 sqft
2019-09-01 72 days 1,751 sqft
2019-10-01 77 days 1,746 sqft
2019-11-01 92 days 1,744 sqft
2019-12-01 104 days 1,744 sqft
2020-01-01 110 days 1,742 sqft
2020-02-01 113 days 1,783 sqft
2020-03-01 75 days 1,833 sqft
2020-04-01 74 days 1,861 sqft
2020-05-01 78 days 1,835 sqft
2020-06-01 74 days 1,851 sqft
2020-07-01 61 days 1,888 sqft
2020-08-01 58 days 1,842 sqft
2020-09-01 61 days 1,845 sqft
2020-10-01 64 days 1,776 sqft
2020-11-01 60 days 1,749 sqft
2020-12-01 72 days 1,762 sqft
2021-01-01 78 days 1,704 sqft
2021-02-01 68 days 1,676 sqft
2021-03-01 58 days 1,670 sqft
2021-04-01 47 days 1,700 sqft
2021-05-01 41 days 1,700 sqft
2021-06-01 41 days 1,708 sqft
2021-07-01 43 days 1,678 sqft
2021-08-01 45 days 1,581 sqft
2021-09-01 46 days 1,533 sqft
2021-10-01 46 days 1,517 sqft
2021-11-01 57 days 1,498 sqft
2021-12-01 64 days 1,467 sqft
2022-01-01 74 days 1,442 sqft
2022-02-01 62 days 1,495 sqft
2022-03-01 43 days 1,591 sqft
2022-04-01 38 days 1,549 sqft
2022-05-01 34 days 1,533 sqft
2022-06-01 35 days 1,603 sqft
2022-07-01 37 days 1,636 sqft
2022-08-01 40 days 1,665 sqft
2022-09-01 48 days 1,729 sqft
2022-10-01 51 days 1,713 sqft
2022-11-01 59 days 1,728 sqft
2022-12-01 71 days 1,711 sqft
2023-01-01 77 days 1,728 sqft
2023-02-01 68 days 1,770 sqft
2023-03-01 55 days 1,867 sqft
2023-04-01 38 days 1,862 sqft
2023-05-01 39 days 1,867 sqft
2023-06-01 43 days 1,812 sqft
2023-07-01 43 days 1,813 sqft
2023-08-01 44 days 1,806 sqft
2023-09-01 44 days 1,818 sqft
2023-10-01 48 days 1,797 sqft
2023-11-01 50 days 1,789 sqft
2023-12-01 57 days 1,745 sqft
2024-01-01 67 days 1,739 sqft
2024-02-01 58 days 1,783 sqft
2024-03-01 46 days 1,827 sqft
2024-04-01 40 days 1,944 sqft
2024-05-01 30 days 1,973 sqft
2024-06-01 37 days 1,873 sqft
2024-07-01 43 days 1,879 sqft
2024-08-01 46 days 1,808 sqft
2024-09-01 0 days 1,796 sqft
CHAMPAIGN - URBANA's median listing age (time on market) for 2024-09-01 was 0 days. This is -100% shorter than the same period one year ago.

CHAMPAIGN - URBANA's median square footage for active listings during the 2024-09-01 period was 1,796 sqft. One year prior, the average listing was 1,818 sqft.

CHAMPAIGN-URBANA, IL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
60936 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,330
60949 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
60957 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
60960 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61801 Champaign-Urbana, IL MSA $870 $870 $1,030 $1,330 $1,380
61802 Champaign-Urbana, IL MSA $830 $840 $990 $1,280 $1,330
61803 Champaign-Urbana, IL MSA $870 $870 $1,030 $1,330 $1,380
61810 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61813 Champaign-Urbana, IL MSA $750 $750 $890 $1,150 $1,200
61815 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61816 Champaign-Urbana, IL MSA $850 $850 $1,010 $1,310 $1,360
61818 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61820 Champaign-Urbana, IL MSA $950 $960 $1,130 $1,460 $1,520
61821 Champaign-Urbana, IL MSA $950 $960 $1,130 $1,460 $1,520
61822 Champaign-Urbana, IL MSA $1,130 $1,130 $1,340 $1,740 $1,800
61824 Champaign-Urbana, IL MSA $870 $870 $1,030 $1,330 $1,380
61825 Champaign-Urbana, IL MSA $870 $870 $1,030 $1,330 $1,380
61826 Champaign-Urbana, IL MSA $870 $870 $1,030 $1,330 $1,380
61830 Champaign-Urbana, IL MSA $760 $760 $900 $1,170 $1,210
61839 Champaign-Urbana, IL MSA $760 $760 $900 $1,170 $1,210
61840 Champaign-Urbana, IL MSA $860 $870 $1,020 $1,310 $1,380
61842 Champaign-Urbana, IL MSA $780 $840 $1,020 $1,400 $1,540
61843 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,330
61844 Champaign-Urbana, IL MSA $750 $750 $960 $1,220 $1,290
61845 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,330
61847 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61849 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61851 Champaign-Urbana, IL MSA $760 $770 $910 $1,180 $1,220
61852 Champaign-Urbana, IL MSA $820 $820 $980 $1,270 $1,310
61853 Champaign-Urbana, IL MSA $980 $990 $1,170 $1,520 $1,570
61854 Champaign-Urbana, IL MSA $860 $860 $1,020 $1,320 $1,370
61855 Champaign-Urbana, IL MSA $760 $760 $900 $1,170 $1,220
61856 Champaign-Urbana, IL MSA $940 $950 $1,120 $1,450 $1,500
61859 Champaign-Urbana, IL MSA $990 $1,000 $1,180 $1,530 $1,590
61862 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61863 Champaign-Urbana, IL MSA $930 $940 $1,110 $1,440 $1,490
61864 Champaign-Urbana, IL MSA $830 $840 $990 $1,280 $1,330
61866 Champaign-Urbana, IL MSA $770 $780 $920 $1,190 $1,240
61871 Champaign-Urbana, IL MSA $880 $890 $1,050 $1,360 $1,420
61872 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61873 Champaign-Urbana, IL MSA $750 $750 $890 $1,150 $1,200
61874 Champaign-Urbana, IL MSA $840 $850 $1,000 $1,300 $1,340
61875 Champaign-Urbana, IL MSA $950 $950 $1,130 $1,460 $1,510
61877 Champaign-Urbana, IL MSA $880 $890 $1,050 $1,360 $1,410
61878 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61880 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61882 Champaign-Urbana, IL MSA $750 $750 $920 $1,280 $1,360
61884 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61913 Champaign-Urbana, IL MSA $770 $780 $920 $1,190 $1,240
61929 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61936 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61937 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200
61953 Champaign-Urbana, IL MSA $870 $870 $1,030 $1,330 $1,380
61956 Champaign-Urbana, IL MSA $750 $750 $880 $1,130 $1,200

2022 Average & Median Rent Data Statistics
CHAMPAIGN-URBANA, IL average 1BR rent: $820, median: $765
CHAMPAIGN-URBANA, IL average 2BR rent: $969, median: $920
CHAMPAIGN-URBANA, IL average 3BR rent: $1,254, median: $1,190

CHAMPAIGN-URBANA, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,296 $525,910,000 $229,055
Refi 289 $209,205,000 $723,893
Other 204 $15,220,000 $74,608
Cash Out Refi 197 $40,205,000 $204,086
Home Improvement 152 $28,160,000 $185,263

Champaign - Urbana's most frequently cited loan purpose was Home Purchase, with 2,296 originations. The 2nd most popular reason was Refi, with 289 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,033 $269,585,000 $260,973
7-8% 674 $188,430,000 $279,570
5-6% 428 $181,410,000 $423,855
Over 8% 332 $52,950,000 $159,488
<2.5% 47 $4,685,000 $99,681
4-5% 15 $4,285,000 $285,667
3-4% 8 $1,100,000 $137,500
2.5-3% 2 $160,000 $80,000

During 2023, Champaign - Urbana's most frequently originated rate bucket was 6-7%, with 1,033 originations.

Loan Sizing (CHAMPAIGN-URBANA, IL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,247 $181,915,000 $145,882
$100,000 or less 914 $51,990,000 $56,882
$200k-400k 774 $211,050,000 $272,674
$400k-600k 130 $61,050,000 $469,615
$600k-1000k 45 $33,935,000 $754,111
$Over $1MM 28 $278,760,000 $9,955,714

CHAMPAIGN - URBANA's loan sizing saw the bucket of loans from $100k-200k with 1,247 originations, totaling $181,915,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,255 $261,135,000 $208,076
60-80% 624 $214,570,000 $343,862
Under 20% 228 $18,780,000 $82,368
20-40% 204 $88,880,000 $435,686
40-60% 180 $103,470,000 $574,833
Over 100% 29 $10,885,000 $375,345

CHAMPAIGN - URBANA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,255 originations, totaling $261,135,000 in origination value.