Charleston - Mattoon Mortgage Rates & Closing Costs
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% |
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.).
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. LouisDate | 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 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. LouisDate | 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 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.