Charleston - Mattoon Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Charleston - Mattoon averaged 6.56% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

The average rate for the prior week (2023-05-18) was 6.48% and one month ago for the week of 2023-04-20, the average rate was 6.38%.

Charleston - Mattoon's average rate one year ago was 4.94%.

For refis of the same type during the week of 2023-05-25, the average rate was 6.67%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-05-25 6.57%
Charleston - Mattoon 30 Year Fixed Rate 2023-05-25 6.56%
Charleston - Mattoon 30 Year Fixed Rate Refi 2023-05-25 6.67%
Charleston - Mattoon 15 Year Fixed Rate 2023-05-25 5.77%
Charleston - Mattoon 15 Year Fixed Rate Refi 2023-05-25 6.57%
Charleston - Mattoon 30 Year FHA 2023-05-25 6.35%
Charleston - Mattoon 30 Year FHA Refi 2023-05-25 6.41%
Charleston - Mattoon 30 Year USDA 2023-05-25 6.43%
Charleston - Mattoon 30 Year USDA Refi 2023-05-25 6.73%
Charleston - Mattoon 30 Year VA 2023-05-25 6.31%
Charleston - Mattoon 30 Year VA Refi 2023-05-25 6.21%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Charleston-Mattoon, IL.

Charleston - Mattoon 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 Charleston-Mattoon, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
First Mid Bank & Trust 44 5.34% $1,821
Prairie State Bank and Trust 20 5.41% $1,550
QUICKEN LOANS, LLC 15 5.44% $4,903
Dieterich Bank 14 4.30% $1,622
U.S. Bank 9 5.00% $2,282
First Financial Bank 8 4.73% $2,859
Petefish, Skiles & Co. 6 4.75% $4,400
FLAT BRANCH MORTGAGE, INC. 5 5.53% $2,192
Busey Bank 5 4.78% $1,964
Longview Bank & Trust 4 4.75% $4,998
GUARANTEED RATE, INC. 3 5.41% $2,963
JPMorgan Chase Bank 3 5.38% $1,617
Regions Bank 3 6.04% $2,484
CITIZENS EQUITY FIRST 3 4.79% $964
ROYAL UNITED MORTGAGE LLC 3 6.63% $6,403
UNITED WHOLESALE MORTGAGE, LLC 3 5.33% $4,884
Wells Fargo Bank 2 4.81% $3,219
First National Bank of Waterloo 2 3.94% $1,736
Midland States Bank 2 6.00% $1,813
NAVY FEDERAL CREDIT UNION 2 7.06% $1,967
Farm Credit Mid-America, ACA 2 4.13% $7,555
GUILD MORTGAGE COMPANY 2 4.63% $2,230
Heartland Bank and Trust Company 2 4.25% $1,765
Community Mortgage Banc Corporation 2 5.28% $2,207
Carrollton Bank 2 4.94% $1,896
Town & Country Banc Mortgage Services, Inc. 2 6.78% $2,744
Old National Bank 1 4.38% $2,391
PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.88% $4,576
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $2,315
PURDUE FEDERAL CREDIT UNION 1 5.50% $1,994
RELIANCE FIRST CAPITAL, LLC 1 3.38% $11,724
The Huntington National Bank 1 4.50% $2,514
UNIVERSITY OF ILLINOIS COMMUNITY 1 5.00% $1,858
Hickory Point Bank and Trust 1 3.88% $1,823
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.88% $3,477
Bank of America 1 6.13% $7,553
BETTER MORTGAGE CORPORATION 1 3.38% $3,262
BROKER SOLUTIONS, INC. 1 5.75% $2,636
CALIBER HOME LOANS, INC. 1 5.75% $5,021
Chicago Mortgage Solutions LLC 1 4.94% $4,898
DAS Acquisition Company, LLC 1 4.50% $2,442
EVANSVILLE TEACHERS 1 4.63% $2,094
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.13% $3,528
FINANCE OF AMERICA MORTGAGE LLC 1 4.88% $3,039
First Federal Savings Bank 1 5.13% $2,938
First State Bank 1 4.13% $1,628
Flagstar Bank, FSB 1 7.40% $3,308
FREEDOM MORTGAGE CORPORATION 1 3.38% $4,308
GREENSTATE CREDIT UNION 1 6.63% $3,041
AMERISAVE MORTGAGE CORPORATION 1 4.50% $4,685
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 4.88% $3,449
HOME POINT FINANCIAL CORPORATION 1 5.75% $5,203
HOMESIDE FINANCIAL, LLC 1 5.25% $3,776
LAKEVIEW LOAN SERVICING, LLC 1 5.63% $5,008
LOANDEPOT.COM, LLC 1 5.38% $4,186
MOVEMENT MORTGAGE, LLC 1 4.94% $2,561
MUTUAL OF OMAHA MORTGAGE, INC. 1 4.88% $4,922
NEWREZ LLC 1 4.13% $2,050
Northpointe Bank 1 5.99% $4,398

Charleston - Mattoon Average Closing Costs & Other Stats

Charleston-Mattoon, IL's 59 lenders originated 639 loans during 2022. The total origination value was $84,145,000, with an average loan value of $131,682.

Charleston - Mattoon's average closing costs are $3,112.

The top Charleston - Mattoon lender as defined by loan originations is First Mid Bank & Trust, with 44 loans originated. Their average total fees are $1,821, which is $271 higher than the next largest lender, Prairie State Bank and Trust.

The lowest fee Charleston - Mattoon lenders (with over 10 loans originated) are Prairie State Bank and Trust ($1,550), Dieterich Bank ($1,622), First Mid Bank & Trust ($1,821), QUICKEN LOANS, LLC ($4,903) and .

The lowest rate Charleston - Mattoon lenders (with over 10 loans originated) are Dieterich Bank (4.30%), First Mid Bank & Trust (5.34%), Prairie State Bank and Trust (5.41%), QUICKEN LOANS, LLC (5.44%) and .

Charleston-Mattoon, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
First Mid Bank & Trust $15,785,000 $14,240,000 -9.8% 16.9%
QUICKEN LOANS, LLC $11,540,000 $6,920,000 -40.0% 8.2%
Prairie State Bank and Trust $13,265,000 $5,865,000 -55.8% 7.0%
KEYPOINT $4,205,000 n/a 5.0%
Mortgage Research Center, LLC $3,370,000 $3,790,000 12.5% 4.5%
Dieterich Bank $3,285,000 $3,250,000 -1.1% 3.9%
FLAT BRANCH MORTGAGE, INC. $2,020,000 $2,880,000 42.6% 3.4%
Terre Haute Savings Bank $1,090,000 $2,290,000 110.1% 2.7%
GUARANTEED RATE, INC. $880,000 $2,115,000 140.3% 2.5%
Midland States Bank $1,230,000 $1,785,000 45.1% 2.1%
U.S. Bank $4,230,000 $1,620,000 -61.7% 1.9%
Petefish, Skiles & Co. $4,475,000 $1,600,000 -64.2% 1.9%
First Financial Bank $3,725,000 $1,465,000 -60.7% 1.7%
FREEDOM MORTGAGE CORPORATION $2,615,000 $1,300,000 -50.3% 1.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,010,000 $1,145,000 13.4% 1.4%
JPMorgan Chase Bank $860,000 $1,045,000 21.5% 1.2%
Longview Bank & Trust $410,000 $1,045,000 154.9% 1.2%
Busey Bank $1,020,000 n/a 1.2%
Scott State Bank $215,000 $1,005,000 367.4% 1.2%
Community Mortgage Banc Corporation $1,875,000 $975,000 -48.0% 1.2%
Wells Fargo Bank $1,960,000 $855,000 -56.4% 1.0%
Citizens Bank $155,000 $770,000 396.8% 0.9%
Iroquois Federal Savings and Loan Association $325,000 $715,000 120.0% 0.8%
First National Bank of Waterloo $145,000 $680,000 369.0% 0.8%
OPEN MORTGAGE, LLC $670,000 n/a 0.8%
Morton Community Bank $975,000 $660,000 -32.3% 0.8%
Farm Credit Mid-America, ACA $640,000 n/a 0.8%
GUILD MORTGAGE COMPANY $520,000 $640,000 23.1% 0.8%
BROKER SOLUTIONS, INC. $775,000 $630,000 -18.7% 0.7%
DAS Acquisition Company, LLC $155,000 $555,000 258.1% 0.7%
Arvest Bank $565,000 $535,000 -5.3% 0.6%
Fifth Third Bank $520,000 $515,000 -1.0% 0.6%
Regions Bank $325,000 $505,000 55.4% 0.6%
First State Bank $715,000 $485,000 -32.2% 0.6%
Town & Country Banc Mortgage Services, Inc. $195,000 $485,000 148.7% 0.6%
LOANDEPOT.COM, LLC $330,000 $470,000 42.4% 0.6%
TRIAD FINANCIAL SERVICES, INC. $115,000 $425,000 269.6% 0.5%
The Huntington National Bank $105,000 $415,000 295.2% 0.5%
The Peoples State Bank of Newton, Illinois $310,000 $400,000 29.0% 0.5%
Credit Union 1 $315,000 $395,000 25.4% 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $380,000 n/a 0.5%
CITIZENS EQUITY FIRST $360,000 n/a 0.4%
USAA Federal Savings Bank $360,000 $360,000 0.0% 0.4%
UNITED WHOLESALE MORTGAGE, LLC $455,000 $355,000 -22.0% 0.4%
Carrollton Bank $245,000 $350,000 42.9% 0.4%
ROYAL UNITED MORTGAGE LLC $225,000 $345,000 53.3% 0.4%
PENNYMAC LOAN SERVICES, LLC $1,145,000 $340,000 -70.3% 0.4%
United Community Bank $335,000 n/a 0.4%
MOVEMENT MORTGAGE, LLC $315,000 n/a 0.4%
HOMESIDE FINANCIAL, LLC $115,000 $310,000 169.6% 0.4%
RELIANCE FIRST CAPITAL, LLC $305,000 n/a 0.4%
NEWREZ LLC $1,030,000 $300,000 -70.9% 0.4%
HOME POINT FINANCIAL CORPORATION $360,000 $295,000 -18.1% 0.4%
Prospect Bank $325,000 $295,000 -9.2% 0.4%
Hickory Point Bank and Trust $285,000 n/a 0.3%
NEW DAY FINANCIAL, LLC $260,000 $280,000 7.7% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $820,000 $275,000 -66.5% 0.3%
Heartland Bank and Trust Company $640,000 $260,000 -59.4% 0.3%
HOMEOWNERS FINANCIAL GROUP USA, LLC $255,000 n/a 0.3%
FIRST CENTENNIAL MORTGAGE CORPORATION $180,000 $245,000 36.1% 0.3%
Network Funding, L.P. $225,000 n/a 0.3%
INB $675,000 $220,000 -67.4% 0.3%
Bank of America $195,000 $215,000 10.3% 0.3%
NATIONS RELIABLE LENDING, LLC $215,000 n/a 0.3%
National Bank of St. Anne $205,000 n/a 0.2%
Equity Prime Mortgage LLC $55,000 $200,000 263.6% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $195,000 n/a 0.2%
Warren-Boynton State Bank $195,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $125,000 $190,000 52.0% 0.2%
Sierra Pacific Mortgage Company, Inc. $185,000 n/a 0.2%
FAMILY FINANCE MORTGAGE, LLC $180,000 n/a 0.2%
NOVA FINANCIAL & INVESTMENT CORPORATION $175,000 n/a 0.2%
German American Bank $165,000 n/a 0.2%
Carrington Mortgage Services, LLC $175,000 $155,000 -11.4% 0.2%
CHURCHILL MORTGAGE CORPORATION $125,000 $155,000 24.0% 0.2%
Municipal Trust and Savings Bank $155,000 n/a 0.2%
Old National Bank $560,000 $155,000 -72.3% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $220,000 $155,000 -29.5% 0.2%
NAVY FEDERAL CREDIT UNION $1,210,000 $150,000 -87.6% 0.2%
AMERISAVE MORTGAGE CORPORATION $715,000 $140,000 -80.4% 0.2%
Bank of Springfield $55,000 $135,000 145.5% 0.2%
FIRST STATE MORTGAGE SERVICES, LLC $600,000 $135,000 -77.5% 0.2%
VILLAGE CAPITAL MORTGAGE $400,000 $135,000 -66.3% 0.2%
Flagstar Bank, FSB $265,000 $130,000 -50.9% 0.2%
Chicago Mortgage Solutions LLC $135,000 $125,000 -7.4% 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $125,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $125,000 n/a 0.1%
Peoples Bank of Kankakee County $115,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $105,000 $105,000 0.0% 0.1%
CALIBER HOME LOANS, INC. $310,000 $105,000 -66.1% 0.1%
Figure Lending LLC $15,000 $105,000 600.0% 0.1%
Marine Bank $630,000 $105,000 -83.3% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $95,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $95,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $85,000 $85,000 0.0% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $240,000 $85,000 -64.6% 0.1%
GREENSTATE CREDIT UNION $85,000 n/a 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $85,000 n/a 0.1%
Servion, Inc. $85,000 n/a 0.1%
The Home Loan Expert LLC $85,000 n/a 0.1%
LAND HOME FINANCIAL SERVICES, INC. $75,000 n/a 0.1%
UNIVERSITY OF ILLINOIS COMMUNITY $625,000 $75,000 -88.0% 0.1%
The Fisher National Bank $25,000 $70,000 180.0% 0.1%
Waterstone Mortgage Corporation $70,000 n/a 0.1%
First Federal Savings Bank $65,000 n/a 0.1%
M&T Bank $65,000 n/a 0.1%
Northpointe Bank $325,000 $65,000 -80.0% 0.1%
PURDUE FEDERAL CREDIT UNION $65,000 n/a 0.1%
Secured Investment Corp. $65,000 n/a 0.1%
HealthCare Associates Credit Union $115,000 $55,000 -52.2% 0.1%
SPRING EQ, LLC $55,000 n/a 0.1%
EVANSVILLE TEACHERS $165,000 $45,000 -72.7% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $75,000 $35,000 -53.3% 0.0%
21ST MORTGAGE CORPORATION $120,000 $25,000 -79.2% 0.0%
Home Loan Investment Bank, F.S.B. $75,000 $25,000 -66.7% 0.0%

Charleston - Mattoon's top lender by overall market share is First Mid Bank & Trust, with 16.9% market share. In second place, with 8.2%, is QUICKEN LOANS, LLC, having originated $6,920,000 in loans. In third place, with 7.0%, is Prairie State Bank and Trust, having originated $5,865,000 in loans. In fourth place, with 5.0%, is KEYPOINT, having originated $4,205,000 in loans. In fifth place, with 4.5%, is Mortgage Research Center, LLC, having originated $3,790,000 in loans.


Charleston - Mattoon Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Charleston - Mattoon (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 $79,900 (-4.0%) $116,913 (5.1%) 0.00 234
2018-02-01 $79,700 (-8.2%) $113,958 (-1.6%) 0.00 247
2018-03-01 $84,750 (-4.6%) $119,623 (1.5%) 0.00 265
2018-04-01 $89,575 (1.2%) $124,121 (6.5%) 0.00 269
2018-05-01 $95,000 (15.5%) $132,706 (14.5%) 0.00 281
2018-06-01 $99,500 (19.4%) $132,983 (12.4%) 0.00 307
2018-07-01 $94,925 (11.8%) $129,396 (4.5%) 0.00 321
2018-08-01 $94,575 (9.1%) $129,825 (1.5%) 0.00 330
2018-09-01 $89,900 (5.8%) $125,735 (0.2%) 0.00 328
2018-10-01 $89,600 (9.1%) $124,384 (3.7%) 0.00 312
2018-11-01 $89,900 (6.4%) $125,584 (3.6%) 0.00 303
2018-12-01 $89,500 (11.9%) $123,326 (2.6%) 0.00 292
2019-01-01 $89,250 (11.7%) $122,725 (5.0%) 0.00 291
2019-02-01 $89,800 (12.7%) $124,599 (9.3%) 0.00 295
2019-03-01 $88,900 (4.9%) $117,744 (-1.6%) 0.00 256
2019-04-01 $89,700 (0.1%) $122,147 (-1.6%) 0.00 258
2019-05-01 $97,125 (2.2%) $128,486 (-3.2%) 0.00 254
2019-06-01 $99,200 (-0.3%) $127,260 (-4.3%) 0.00 265
2019-07-01 $103,350 (8.9%) $125,346 (-3.1%) 0.00 318
2019-08-01 $101,200 (7.0%) $121,840 (-6.2%) 0.00 311
2019-09-01 $106,150 (18.1%) $119,480 (-5.0%) 0.00 309
2019-10-01 $106,200 (18.5%) $121,732 (-2.1%) 0.00 299
2019-11-01 $98,700 (9.8%) $119,704 (-4.7%) 0.00 283
2019-12-01 $89,900 (0.5%) $126,545 (2.6%) 0.00 268
2020-01-01 $89,500 (0.3%) $127,790 (4.1%) 0.00 246
2020-02-01 $89,625 (-0.2%) $127,090 (2.0%) 0.00 231
2020-03-01 $101,250 (13.9%) $133,145 (13.1%) 0.00 220
2020-04-01 $100,500 (12.0%) $135,376 (10.8%) 0.00 212
2020-05-01 $94,900 (-2.3%) $134,823 (4.9%) 0.00 197
2020-06-01 $95,975 (-3.3%) $134,386 (5.6%) 0.00 189
2020-07-01 $93,000 (-10.0%) $121,199 (-3.3%) 0.00 189
2020-08-01 $93,000 (-8.1%) $116,824 (-4.1%) 0.00 177
2020-09-01 $89,500 (-15.7%) $110,969 (-7.1%) 0.00 156
2020-10-01 $88,700 (-16.5%) $112,555 (-7.5%) 0.00 157
2020-11-01 $85,350 (-13.5%) $106,797 (-10.8%) 0.00 161
2020-12-01 $84,900 (-5.6%) $104,626 (-17.3%) 0.00 136
2021-01-01 $81,500 (-8.9%) $104,053 (-18.6%) 0.00 127
2021-02-01 $84,900 (-5.3%) $108,751 (-14.4%) 0.00 106
2021-03-01 $84,925 (-16.1%) $117,430 (-11.8%) 0.00 100
2021-04-01 $87,250 (-13.2%) $122,823 (-9.3%) 0.00 89
2021-05-01 $80,000 (-15.7%) $122,839 (-8.9%) 0.00 74
2021-06-01 $83,950 (-12.5%) $125,676 (-6.5%) 0.00 79
2021-07-01 $84,950 (-8.7%) $126,770 (4.6%) 0.00 85
2021-08-01 $81,750 (-12.1%) $118,604 (1.5%) 0.00 96
2021-09-01 $81,000 (-9.5%) $120,091 (8.2%) 0.00 85
2021-10-01 $85,000 (-4.2%) $142,176 (26.3%) 0.00 96
2021-11-01 $85,000 (-0.4%) $143,057 (34.0%) 0.00 107
2021-12-01 $85,700 (0.9%) $144,580 (38.2%) 0.00 87
2022-01-01 $82,500 (1.2%) $136,371 (31.1%) 0.00 76
2022-02-01 $77,425 (-8.8%) $127,170 (16.9%) 0.00 77
2022-03-01 $73,175 (-13.8%) $135,500 (15.4%) 0.00 75
2022-04-01 $79,900 (-8.4%) $144,175 (17.4%) 0.00 68
2022-05-01 $86,675 (8.3%) $158,800 (29.3%) 0.00 69
2022-06-01 $79,400 (-5.4%) $154,014 (22.6%) 0.00 61
2022-07-01 $87,900 (3.5%) $145,207 (14.5%) 0.00 70
2022-08-01 $88,450 (8.2%) $164,860 (39.0%) 0.00 74
2022-09-01 $106,100 (31.0%) $178,219 (48.4%) 0.00 78
2022-10-01 $112,400 (32.2%) $174,949 (23.1%) 0.00 88
2022-11-01 $117,725 (38.5%) $180,675 (26.3%) 0.00 84
2022-12-01 $116,400 (35.8%) $200,515 (38.7%) 0.00 82
2023-01-01 $138,500 (67.9%) $221,553 (62.5%) 0.00 79
2023-02-01 $132,700 (71.4%) $219,648 (72.7%) 0.00 73
2023-03-01 $147,975 (102.2%) $231,640 (71.0%) 0.00 68
2023-04-01 $143,450 (79.5%) $236,159 (63.8%) 0.00 59
Charleston - Mattoon's median listing price for 2023-04-01 was $143,450, a difference of $63,550 (79.5%) versus the prior year and $-4,525 versus the prior month.

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

Charleston - Mattoon's average listing price for 2023-04-01 was $236,159, a difference of $91,984 (63.8%) versus the prior year and $4,519 versus the prior month.

For the 2023-04-01 period, Charleston - Mattoon had 59 MLS listings, a difference of -9 listings (-13%) versus the prior month and -9 listings (-13%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Charleston - Mattoon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,564 sqft
2018-02-01 0 days 1,561 sqft
2018-03-01 0 days 1,564 sqft
2018-04-01 0 days 1,597 sqft
2018-05-01 0 days 1,623 sqft
2018-06-01 0 days 1,660 sqft
2018-07-01 0 days 1,650 sqft
2018-08-01 0 days 1,676 sqft
2018-09-01 0 days 1,646 sqft
2018-10-01 0 days 1,602 sqft
2018-11-01 0 days 1,595 sqft
2018-12-01 0 days 1,592 sqft
2019-01-01 0 days 1,570 sqft
2019-02-01 0 days 1,570 sqft
2019-03-01 0 days 1,554 sqft
2019-04-01 0 days 1,494 sqft
2019-05-01 0 days 1,593 sqft
2019-06-01 0 days 1,574 sqft
2019-07-01 0 days 1,582 sqft
2019-08-01 0 days 1,560 sqft
2019-09-01 0 days 1,564 sqft
2019-10-01 0 days 1,607 sqft
2019-11-01 0 days 1,620 sqft
2019-12-01 0 days 1,618 sqft
2020-01-01 0 days 1,618 sqft
2020-02-01 0 days 1,610 sqft
2020-03-01 0 days 1,658 sqft
2020-04-01 0 days 1,668 sqft
2020-05-01 0 days 1,664 sqft
2020-06-01 0 days 1,673 sqft
2020-07-01 0 days 1,641 sqft
2020-08-01 0 days 1,614 sqft
2020-09-01 0 days 1,568 sqft
2020-10-01 0 days 1,558 sqft
2020-11-01 0 days 1,467 sqft
2020-12-01 0 days 1,492 sqft
2021-01-01 0 days 1,427 sqft
2021-02-01 0 days 1,464 sqft
2021-03-01 0 days 1,541 sqft
2021-04-01 0 days 1,617 sqft
2021-05-01 0 days 1,582 sqft
2021-06-01 0 days 1,457 sqft
2021-07-01 0 days 1,443 sqft
2021-08-01 0 days 1,386 sqft
2021-09-01 0 days 1,420 sqft
2021-10-01 0 days 1,392 sqft
2021-11-01 0 days 1,449 sqft
2021-12-01 0 days 1,438 sqft
2022-01-01 0 days 1,342 sqft
2022-02-01 0 days 1,279 sqft
2022-03-01 0 days 1,246 sqft
2022-04-01 0 days 1,272 sqft
2022-05-01 0 days 1,437 sqft
2022-06-01 0 days 1,452 sqft
2022-07-01 0 days 1,452 sqft
2022-08-01 0 days 1,715 sqft
2022-09-01 0 days 1,921 sqft
2022-10-01 0 days 1,894 sqft
2022-11-01 0 days 1,484 sqft
2022-12-01 0 days 1,626 sqft
2023-01-01 0 days 1,634 sqft
2023-02-01 0 days 1,636 sqft
2023-03-01 0 days 1,640 sqft
2023-04-01 0 days 1,696 sqft
Charleston - Mattoon's median listing age (time on market) for 2023-04-01 was 0 days.

Charleston - Mattoon's median square footage for active listings during the 2023-04-01 period was 1,696 sqft. One year prior, the average listing was 1,272 sqft.

Charleston-Mattoon, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 424 $63,790,000 $150,448
Cash Out Refi 79 $8,975,000 $113,608
Refi 59 $6,755,000 $114,492
Home Improvement 46 $2,600,000 $56,522
Other 31 $2,025,000 $65,323

Charleston - Mattoon's most frequently cited loan purpose was Home Purchase, with 424 originations. The 2nd most popular reason was Cash Out Refi, with 79 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 183 $21,925,000 $119,809
4-5% 156 $28,080,000 $180,000
3-4% 121 $14,175,000 $117,149
6-7% 78 $8,120,000 $104,103
7-8% 40 $3,190,000 $79,750
2.5-3% 19 $2,745,000 $144,474
<2.5% 13 $925,000 $71,154
Over 8% 5 $195,000 $39,000

During 2022, Charleston - Mattoon's most frequently originated rate bucket was 5-6%, with 183 originations.

Loan Sizing (Charleston-Mattoon, IL MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 334 $20,150,000 $60,329
$100k-200k 215 $29,905,000 $139,093
$200k-400k 76 $20,330,000 $267,500
$400k-600k 8 $3,460,000 $432,500
$600k-1000k 3 $2,485,000 $828,333
$Over $1MM 3 $7,815,000 $2,605,000

Charleston - Mattoon's loan sizing saw the bucket of loans from $100,000 or less with 334 originations, totaling $20,150,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 333 $45,905,000 $137,853
60-80% 129 $18,805,000 $145,775
40-60% 53 $9,395,000 $177,264
20-40% 52 $3,650,000 $70,192
Under 20% 28 $590,000 $21,071
Over 100% 4 $440,000 $110,000

Charleston - Mattoon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 333 originations, totaling $45,905,000 in origination value.