Charleston - Mattoon Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Charleston - Mattoon averaged 6.62% for the week of 2025-03-27, compared to the national average of 6.65% for the same period.

    The average rate for the prior week (2025-03-20) was 6.54% and one month ago for the week of 2025-02-20, the average rate was 6.72%.

    Charleston - Mattoon's average rate one year ago was 6.74%.

    For refis of the same type during the week of 2025-03-27, the average rate was 6.75%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-03-27 6.65%
    Charleston - Mattoon 30 Year Fixed Rate 2025-03-27 6.62%
    Charleston - Mattoon 30 Year Fixed Rate Refi 2025-03-27 6.75%
    Charleston - Mattoon 15 Year Fixed Rate 2025-03-27 5.89%
    Charleston - Mattoon 15 Year Fixed Rate Refi 2025-03-27 6.09%
    Charleston - Mattoon 30 Year FHA 2025-03-27 6.62%
    Charleston - Mattoon 30 Year FHA Refi 2025-03-27 6.27%
    Charleston - Mattoon 30 Year USDA 2025-03-27 6.2%
    Charleston - Mattoon 30 Year USDA Refi 2025-03-27 6.3%
    Charleston - Mattoon 30 Year VA 2025-03-27 6.39%
    Charleston - Mattoon 30 Year VA Refi 2025-03-27 6.19%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    First Mid Bank & Trust 72 6.48% $2,189
    FLAT BRANCH MORTGAGE, INC. 24 6.88% $3,213
    Prairie State Bank and Trust 23 6.28% $1,608
    QUICKEN LOANS, LLC 11 6.52% $4,047
    First Financial Bank 6 6.98% $3,126
    1786 6 6.75% $2,398
    GUARANTEED RATE, INC. 6 6.55% $3,394
    Morton Community Bank 6 6.52% $2,209
    First National Bank of Waterloo 5 6.93% $1,757
    Heartland Bank and Trust Company 4 7.26% $4,010
    Dieterich Bank 4 6.36% $1,727
    JPMorgan Chase Bank 3 7.38% $3,048
    Busey Bank 3 6.63% $2,115
    ZILLOW HOME LOANS, LLC 3 7.29% $4,275
    Fifth Third Bank 3 7.41% $6,384
    CROSSCOUNTRY MORTGAGE, LLC 2 7.25% $4,692
    AMERITRUST MORTGAGE CORPORATION 2 8.19% $7,056
    Bank of America 2 6.31% $2,973
    Farm Credit Mid-America, ACA 2 6.50% $4,311
    First Farmers Bank and Trust Company 2 7.00% $2,400
    FIRST STATE MORTGAGE SERVICES, LLC 2 6.63% $2,811
    Flagstar Bank, FSB 2 7.63% $5,306
    Midland States Bank 2 6.81% $2,424
    Mortgage Research Center, LLC 2 6.56% $5,948
    NAVY FEDERAL CREDIT UNION 2 8.06% $2,924
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 7.50% $4,482
    GSF Mortgage Corporation 1 5.88% $5,745
    CITIZENS EQUITY FIRST 1 6.00% $766
    Carrollton Bank 1 5.88% $2,130
    INB 1 7.75% $2,524
    CARDINAL FINANCIAL 1 7.63% $2,897
    LAKEVIEW LOAN SERVICING, LLC 1 6.88% $7,774
    Marine Bank 1 5.88% $2,667
    U.S. Bank 1 7.38% $1,936
    AMERISAVE MORTGAGE CORPORATION 1 6.88% $4,774
    BAY EQUITY LLC 1 6.63% $3,242
    Nations Lending Corporation 1 7.38% $5,826
    Wells Fargo Bank 1 7.25% $6,292
    North American Savings Bank, F.S.B. 1 6.99% $5,414
    Bank of Springfield 1 6.18% $2,173
    Arvest Bank 1 6.50% $3,553
    ROYAL UNITED MORTGAGE LLC 1 7.00% $6,217
    RUOFF MORTGAGE COMPANY, INC. 1 6.38% $2,351
    SCOTT CREDIT UNION 1 7.50% $1,913
    T2 FINANCIAL LLC 1 6.38% $4,004
    The Federal Savings Bank 1 6.88% $4,798
    UNION HOME MORTGAGE CORP. 1 8.38% $3,431
    First Financial Bank 1 6.75% $2,989
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.38% $2,380
    FCB Banks 1 7.00% $2,147
    United Community Bank 1 6.75% $2,077
    USAA Federal Savings Bank 1 5.50% $5,645
    CMG MORTGAGE, INC. 1 7.88% $3,338

    Charleston - Mattoon Average Closing Costs & Other Stats

    Charleston-Mattoon, IL's 53 lenders originated 609 loans during 2023. The total origination value was $81,665,000, with an average loan value of $134,097.

    Charleston - Mattoon's average closing costs are $3,230.

    The top Charleston - Mattoon lender as defined by loan originations is First Mid Bank & Trust, with 72 loans originated. Their average total fees are $2,189, which is $1,023 lower than the next largest lender, FLAT BRANCH MORTGAGE, INC..

    The lowest fee Charleston - Mattoon lenders (with over 10 loans originated) are Prairie State Bank and Trust ($1,608), First Mid Bank & Trust ($2,189), FLAT BRANCH MORTGAGE, INC. ($3,213), QUICKEN LOANS, LLC ($4,047) and .

    The lowest rate Charleston - Mattoon lenders (with over 10 loans originated) are Prairie State Bank and Trust (6.28%), First Mid Bank & Trust (6.48%), QUICKEN LOANS, LLC (6.52%), FLAT BRANCH MORTGAGE, INC. (6.88%) 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    First Mid Bank & Trust $14,240,000 $13,265,000 -6.8% 16.2%
    First Merchants Bank $7,495,000 n/a 9.2%
    FLAT BRANCH MORTGAGE, INC. $2,880,000 $6,380,000 121.5% 7.8%
    Iroquois Federal Savings and Loan Association $715,000 $4,700,000 557.3% 5.8%
    QUICKEN LOANS, LLC $6,920,000 $4,320,000 -37.6% 5.3%
    Mortgage Research Center, LLC $3,790,000 $3,680,000 -2.9% 4.5%
    Prairie State Bank and Trust $5,865,000 $3,265,000 -44.3% 4.0%
    Morton Community Bank $660,000 $2,140,000 224.2% 2.6%
    CROSSCOUNTRY MORTGAGE, LLC $195,000 $1,725,000 784.6% 2.1%
    First Financial Bank $1,465,000 $1,355,000 -7.5% 1.7%
    TRIAD FINANCIAL SERVICES, INC. $425,000 $1,295,000 204.7% 1.6%
    1786 $1,245,000 n/a 1.5%
    Fifth Third Bank $515,000 $1,175,000 128.2% 1.4%
    Dieterich Bank $3,250,000 $1,135,000 -65.1% 1.4%
    Community Mortgage Banc Corporation $975,000 $1,020,000 4.6% 1.2%
    Heartland Bank and Trust Company $260,000 $1,010,000 288.5% 1.2%
    Old National Bank $155,000 $1,005,000 548.4% 1.2%
    NAVY FEDERAL CREDIT UNION $150,000 $845,000 463.3% 1.0%
    First National Bank of Waterloo $680,000 $805,000 18.4% 1.0%
    GUARANTEED RATE, INC. $2,115,000 $805,000 -61.9% 1.0%
    USAA Federal Savings Bank $360,000 $695,000 93.1% 0.9%
    The Fisher National Bank $70,000 $665,000 850.0% 0.8%
    U.S. Bank $1,620,000 $620,000 -61.7% 0.8%
    United Community Bank $335,000 $595,000 77.6% 0.7%
    VANDERBILT MORTGAGE AND FINANCE, INC. $35,000 $580,000 1,557.1% 0.7%
    Wells Fargo Bank $855,000 $570,000 -33.3% 0.7%
    Busey Bank $1,020,000 $565,000 -44.6% 0.7%
    The Federal Savings Bank $550,000 n/a 0.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,145,000 $540,000 -52.8% 0.7%
    Citizens Bank $770,000 $525,000 -31.8% 0.6%
    PENNYMAC LOAN SERVICES, LLC $340,000 $525,000 54.4% 0.6%
    Carrington Mortgage Services, LLC $155,000 $520,000 235.5% 0.6%
    JPMorgan Chase Bank $1,045,000 $510,000 -51.2% 0.6%
    Farm Credit Mid-America, ACA $640,000 $480,000 -25.0% 0.6%
    Midland States Bank $1,785,000 $475,000 -73.4% 0.6%
    RUOFF MORTGAGE COMPANY, INC. $460,000 n/a 0.6%
    GERSHMAN INVESTMENT CORP. $430,000 n/a 0.5%
    AMERISAVE MORTGAGE CORPORATION $140,000 $410,000 192.9% 0.5%
    Bank of America $215,000 $405,000 88.4% 0.5%
    First National Bank of Pana $400,000 n/a 0.5%
    UNITED WHOLESALE MORTGAGE, LLC $355,000 $380,000 7.0% 0.5%
    Arvest Bank $535,000 $350,000 -34.6% 0.4%
    FIRST STATE MORTGAGE SERVICES, LLC $135,000 $350,000 159.3% 0.4%
    ON Q FINANCIAL, INC. $345,000 n/a 0.4%
    Nations Lending Corporation $330,000 n/a 0.4%
    Barrington Bank & Trust Company, N.A. $85,000 $320,000 276.5% 0.4%
    BROKER SOLUTIONS, INC. $630,000 $320,000 -49.2% 0.4%
    ZILLOW HOME LOANS, LLC $315,000 n/a 0.4%
    Flagstar Bank, FSB $130,000 $310,000 138.5% 0.4%
    AMERITRUST MORTGAGE CORPORATION $300,000 n/a 0.4%
    MOVEMENT MORTGAGE, LLC $315,000 $285,000 -9.5% 0.3%
    VILLAGE CAPITAL MORTGAGE $135,000 $285,000 111.1% 0.3%
    Prospect Bank $295,000 $275,000 -6.8% 0.3%
    The Gifford State Bank $270,000 n/a 0.3%
    SUN WEST MORTGAGE COMPANY, INC. $265,000 n/a 0.3%
    FCB Banks $260,000 n/a 0.3%
    Hickory Point Bank and Trust $285,000 $260,000 -8.8% 0.3%
    OPEN MORTGAGE, LLC $670,000 $260,000 -61.2% 0.3%
    First Farmers Bank and Trust Company $255,000 n/a 0.3%
    NBKC BANK $225,000 n/a 0.3%
    The FNB Community Bank $210,000 n/a 0.3%
    The Huntington National Bank $415,000 $210,000 -49.4% 0.3%
    FREEDOM MORTGAGE CORPORATION $1,300,000 $195,000 -85.0% 0.2%
    North American Savings Bank, F.S.B. $195,000 n/a 0.2%
    SCOTT CREDIT UNION $190,000 n/a 0.2%
    BAY EQUITY LLC $175,000 n/a 0.2%
    CARDINAL FINANCIAL $85,000 $175,000 105.9% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $190,000 $175,000 -7.9% 0.2%
    Third Federal Savings and Loan Association of Cleveland $170,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $280,000 $165,000 -41.1% 0.2%
    PNC Bank $165,000 n/a 0.2%
    UNION HOME MORTGAGE CORP. $165,000 n/a 0.2%
    CITIZENS EQUITY FIRST $360,000 $160,000 -55.6% 0.2%
    21ST MORTGAGE CORPORATION $25,000 $155,000 520.0% 0.2%
    Equity Prime Mortgage LLC $200,000 $155,000 -22.5% 0.2%
    Marine Bank $105,000 $155,000 47.6% 0.2%
    NATIONS RELIABLE LENDING, LLC $215,000 $155,000 -27.9% 0.2%
    CMG MORTGAGE, INC. $145,000 n/a 0.2%
    INB $220,000 $145,000 -34.1% 0.2%
    Network Funding, L.P. $225,000 $145,000 -35.6% 0.2%
    First State Bank $485,000 $135,000 -72.2% 0.2%
    Servion, Inc. $85,000 $135,000 58.8% 0.2%
    Neighborhood Loans, Inc. $130,000 n/a 0.2%
    Bank of Springfield $135,000 $125,000 -7.4% 0.2%
    DECATUR EARTHMOVER CREDIT UNION $125,000 n/a 0.2%
    Figure Lending LLC $105,000 $125,000 19.0% 0.2%
    FIRST CENTENNIAL MORTGAGE CORPORATION $245,000 $125,000 -49.0% 0.2%
    First Federal Savings Bank of Champaign-Urbana $125,000 n/a 0.2%
    HealthCare Associates Credit Union $55,000 $125,000 127.3% 0.2%
    First Financial Bank $1,465,000 $115,000 -92.2% 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $115,000 n/a 0.1%
    T2 FINANCIAL LLC $115,000 n/a 0.1%
    GSF Mortgage Corporation $105,000 n/a 0.1%
    Scott State Bank $1,005,000 $105,000 -89.6% 0.1%
    EVANSVILLE TEACHERS $45,000 $100,000 122.2% 0.1%
    Carrollton Bank $350,000 $95,000 -72.9% 0.1%
    Petefish, Skiles & Co. $1,600,000 $95,000 -94.1% 0.1%
    ROYAL UNITED MORTGAGE LLC $345,000 $85,000 -75.4% 0.1%
    DELMAR FINANCIAL COMPANY $75,000 n/a 0.1%
    First State Bank $485,000 $75,000 -84.5% 0.1%
    NEWREZ LLC $300,000 $75,000 -75.0% 0.1%
    SPRING EQ, LLC $55,000 $75,000 36.4% 0.1%
    TOP FLITE FINANCIAL, INC. $75,000 n/a 0.1%
    Discover Bank $65,000 n/a 0.1%
    CenterBank $55,000 n/a 0.1%
    Southern Bank $45,000 n/a 0.1%
    University of Wisconsin Credit Union $35,000 n/a 0.0%
    First American Bank $15,000 n/a 0.0%

    Charleston - Mattoon's top lender by overall market share is First Mid Bank & Trust, with 16.2% market share. In second place, with 9.2%, is First Merchants Bank, having originated $7,495,000 in loans. In third place, with 7.8%, is FLAT BRANCH MORTGAGE, INC., having originated $6,380,000 in loans. In fourth place, with 5.8%, is Iroquois Federal Savings and Loan Association, having originated $4,700,000 in loans. In fifth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $4,320,000 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 (0.0%) $116,210 (9.2%) 0.00 211
    2018-02-01 $79,900 (-3.4%) $113,290 (0.8%) 0.00 226
    2018-03-01 $84,250 (-0.5%) $117,764 (3.9%) 0.00 243
    2018-04-01 $89,250 (6.6%) $122,585 (9.2%) 0.00 247
    2018-05-01 $90,550 (13.3%) $121,626 (9.3%) 0.00 254
    2018-06-01 $95,000 (17.3%) $121,778 (5.7%) 0.00 276
    2018-07-01 $93,900 (10.9%) $119,170 (-2.1%) 0.00 294
    2018-08-01 $92,850 (9.8%) $119,307 (-3.9%) 0.00 302
    2018-09-01 $89,900 (6.5%) $117,708 (-4.7%) 0.00 297
    2018-10-01 $86,150 (7.8%) $115,839 (-1.8%) 0.00 273
    2018-11-01 $89,800 (8.0%) $117,127 (-1.9%) 0.00 268
    2018-12-01 $85,000 (6.4%) $114,309 (-3.5%) 0.00 256
    2019-01-01 $83,650 (4.7%) $111,885 (-3.7%) 0.00 253
    2019-02-01 $83,900 (5.0%) $114,055 (0.7%) 0.00 257
    2019-03-01 $85,714 (1.7%) $118,112 (0.3%) 0.00 241
    2019-04-01 $86,250 (-3.4%) $120,833 (-1.4%) 0.00 222
    2019-05-01 $92,225 (1.9%) $126,545 (4.0%) 0.00 219
    2019-06-01 $94,000 (-1.1%) $124,049 (1.9%) 0.00 227
    2019-07-01 $99,125 (5.6%) $122,318 (2.6%) 0.00 269
    2019-08-01 $101,600 (9.4%) $120,754 (1.2%) 0.00 273
    2019-09-01 $104,750 (16.5%) $120,210 (2.1%) 0.00 270
    2019-10-01 $106,000 (23.0%) $119,717 (3.4%) 0.00 263
    2019-11-01 $96,750 (7.7%) $117,082 (0.0%) 0.00 241
    2019-12-01 $89,900 (5.8%) $114,294 (0.0%) 0.00 230
    2020-01-01 $89,500 (7.0%) $114,607 (2.4%) 0.00 214
    2020-02-01 $89,500 (6.7%) $112,168 (-1.7%) 0.00 202
    2020-03-01 $99,500 (16.1%) $119,981 (1.6%) 0.00 194
    2020-04-01 $95,450 (10.7%) $121,188 (0.3%) 0.00 189
    2020-05-01 $94,450 (2.4%) $123,930 (-2.1%) 0.00 175
    2020-06-01 $97,400 (3.6%) $122,054 (-1.6%) 0.00 165
    2020-07-01 $92,750 (-6.4%) $119,791 (-2.1%) 0.00 170
    2020-08-01 $92,250 (-9.2%) $116,050 (-3.9%) 0.00 163
    2020-09-01 $89,225 (-14.8%) $111,062 (-7.6%) 0.00 145
    2020-10-01 $87,000 (-17.9%) $113,473 (-5.2%) 0.00 147
    2020-11-01 $84,700 (-12.5%) $106,268 (-9.2%) 0.00 152
    2020-12-01 $80,175 (-10.8%) $101,426 (-11.3%) 0.00 126
    2021-01-01 $79,000 (-11.7%) $101,619 (-11.3%) 0.00 114
    2021-02-01 $83,800 (-6.4%) $108,978 (-2.8%) 0.00 98
    2021-03-01 $84,900 (-14.7%) $117,327 (-2.2%) 0.00 91
    2021-04-01 $87,925 (-7.9%) $124,159 (2.5%) 0.00 79
    2021-05-01 $84,900 (-10.1%) $127,318 (2.7%) 0.00 65
    2021-06-01 $84,900 (-12.8%) $130,020 (6.5%) 0.00 73
    2021-07-01 $84,900 (-8.5%) $125,271 (4.6%) 0.00 78
    2021-08-01 $79,975 (-13.3%) $113,839 (-1.9%) 0.00 85
    2021-09-01 $79,500 (-10.9%) $114,198 (2.8%) 0.00 77
    2021-10-01 $82,000 (-5.8%) $138,755 (22.3%) 0.00 87
    2021-11-01 $84,925 (0.3%) $139,116 (30.9%) 0.00 96
    2021-12-01 $84,425 (5.3%) $138,395 (36.5%) 0.00 75
    2022-01-01 $81,000 (2.5%) $134,567 (32.4%) 0.00 71
    2022-02-01 $74,925 (-10.6%) $125,657 (15.3%) 0.00 73
    2022-03-01 $70,675 (-16.8%) $131,671 (12.2%) 0.00 71
    2022-04-01 $77,000 (-12.4%) $142,902 (15.1%) 0.00 64
    2022-05-01 $84,925 (0.0%) $151,963 (19.4%) 0.00 62
    2022-06-01 $75,750 (-10.8%) $149,386 (14.9%) 0.00 56
    2022-07-01 $84,700 (-0.2%) $137,184 (9.5%) 0.00 64
    2022-08-01 $84,925 (6.2%) $162,116 (42.4%) 0.00 67
    2022-09-01 $89,675 (12.8%) $179,438 (57.1%) 0.00 71
    2022-10-01 $107,450 (31.0%) $177,352 (27.8%) 0.00 81
    2022-11-01 $109,500 (28.9%) $172,543 (24.0%) 0.00 74
    2022-12-01 $114,900 (36.1%) $190,147 (37.4%) 0.00 72
    2023-01-01 $121,800 (50.4%) $215,348 (60.0%) 0.00 69
    2023-02-01 $113,650 (51.7%) $218,230 (73.7%) 0.00 55
    2023-03-01 $134,725 (90.6%) $237,550 (80.4%) 0.00 53
    2023-04-01 $130,000 (68.8%) $239,387 (67.5%) 0.00 46
    2023-05-01 $139,950 (64.8%) $227,906 (50.0%) 0.00 44
    2023-06-01 $158,250 (108.9%) $239,989 (60.7%) 0.00 38
    2023-07-01 $155,000 (83.0%) $219,743 (60.2%) 0.00 44
    2023-08-01 $162,225 (91.0%) $232,431 (43.4%) 0.00 50
    2023-09-01 $144,500 (61.1%) $192,844 (7.5%) 0.00 61
    2023-10-01 $134,925 (25.6%) $171,180 (-3.5%) 0.00 64
    2023-11-01 $152,400 (39.2%) $172,971 (0.3%) 0.00 60
    2023-12-01 $136,500 (18.8%) $164,474 (-13.5%) 0.00 48
    2024-01-01 $109,250 (-10.3%) $154,647 (-28.2%) 0.00 33
    2024-02-01 $128,750 (13.3%) $163,386 (-25.1%) 0.00 37
    2024-03-01 $109,000 (-19.1%) $158,070 (-33.5%) 0.00 45
    2024-04-01 $105,000 (-19.2%) $136,267 (-43.1%) 0.00 41
    2024-05-01 $114,900 (-17.9%) $150,524 (-34.0%) 0.00 34
    2024-06-01 $124,900 (-21.1%) $162,113 (-32.5%) 0.00 41
    2024-07-01 $129,600 (-16.4%) $159,214 (-27.6%) 0.00 45
    2024-08-01 $131,250 (-19.1%) $154,961 (-33.3%) 0.00 46
    2024-09-01 $129,600 (-10.3%) $162,599 (-15.7%) 0.00 54
    2024-10-01 $142,700 (5.8%) $175,146 (2.3%) 0.00 55
    2024-11-01 $144,900 (-4.9%) $188,229 (8.8%) 0.00 65
    2024-12-01 $145,000 (6.2%) $192,905 (17.3%) 0.00 62
    2025-01-01 $144,400 (32.2%) $188,777 (22.1%) 0.00 60
    2025-02-01 $134,750 (4.7%) $196,311 (20.2%) 0.00 73
    Charleston - Mattoon's median listing price for 2025-02-01 was $134,750, a difference of $6,000 (4.7%) versus the prior year and $-9,650 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 2025-02-01 was $196,311, a difference of $32,925 (20.2%) versus the prior year and $7,534 versus the prior month.

    For the 2025-02-01 period, Charleston - Mattoon had 73 MLS listings, a difference of 13 listings (22%) versus the prior month and 36 listings (97%) 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 1,566 sqft
    2018-02-01 0 days 1,561 sqft
    2018-03-01 0 days 1,550 sqft
    2018-04-01 0 days 1,599 sqft
    2018-05-01 0 days 1,629 sqft
    2018-06-01 0 days 1,660 sqft
    2018-07-01 0 days 1,650 sqft
    2018-08-01 0 days 1,662 sqft
    2018-09-01 0 days 1,656 sqft
    2018-10-01 0 days 1,602 sqft
    2018-11-01 0 days 1,592 sqft
    2018-12-01 0 days 1,564 sqft
    2019-01-01 0 days 1,562 sqft
    2019-02-01 0 days 1,576 sqft
    2019-03-01 0 days 1,578 sqft
    2019-04-01 0 days 1,564 sqft
    2019-05-01 0 days 1,608 sqft
    2019-06-01 0 days 1,587 sqft
    2019-07-01 0 days 1,609 sqft
    2019-08-01 0 days 1,580 sqft
    2019-09-01 0 days 1,588 sqft
    2019-10-01 0 days 1,609 sqft
    2019-11-01 0 days 1,625 sqft
    2019-12-01 0 days 1,624 sqft
    2020-01-01 0 days 1,628 sqft
    2020-02-01 0 days 1,614 sqft
    2020-03-01 0 days 1,658 sqft
    2020-04-01 0 days 1,668 sqft
    2020-05-01 0 days 1,670 sqft
    2020-06-01 0 days 1,705 sqft
    2020-07-01 0 days 1,684 sqft
    2020-08-01 0 days 1,626 sqft
    2020-09-01 0 days 1,573 sqft
    2020-10-01 0 days 1,558 sqft
    2020-11-01 0 days 1,453 sqft
    2020-12-01 0 days 1,468 sqft
    2021-01-01 0 days 1,427 sqft
    2021-02-01 0 days 1,525 sqft
    2021-03-01 0 days 1,568 sqft
    2021-04-01 0 days 1,663 sqft
    2021-05-01 0 days 1,622 sqft
    2021-06-01 0 days 1,490 sqft
    2021-07-01 0 days 1,450 sqft
    2021-08-01 0 days 1,374 sqft
    2021-09-01 0 days 1,430 sqft
    2021-10-01 0 days 1,376 sqft
    2021-11-01 0 days 1,421 sqft
    2021-12-01 0 days 1,394 sqft
    2022-01-01 0 days 1,285 sqft
    2022-02-01 0 days 1,248 sqft
    2022-03-01 0 days 1,214 sqft
    2022-04-01 0 days 1,245 sqft
    2022-05-01 0 days 1,407 sqft
    2022-06-01 0 days 1,443 sqft
    2022-07-01 0 days 1,452 sqft
    2022-08-01 0 days 1,721 sqft
    2022-09-01 0 days 2,002 sqft
    2022-10-01 0 days 1,894 sqft
    2022-11-01 0 days 1,491 sqft
    2022-12-01 0 days 1,632 sqft
    2023-01-01 0 days 1,660 sqft
    2023-02-01 0 days 1,660 sqft
    2023-03-01 0 days 1,680 sqft
    2023-04-01 0 days 1,696 sqft
    2023-05-01 0 days 1,668 sqft
    2023-06-01 0 days 1,743 sqft
    2023-07-01 0 days 2,005 sqft
    2023-08-01 0 days 1,721 sqft
    2023-09-01 0 days 1,728 sqft
    2023-10-01 0 days 1,564 sqft
    2023-11-01 0 days 1,576 sqft
    2023-12-01 0 days 1,536 sqft
    2024-01-01 0 days 1,523 sqft
    2024-02-01 0 days 1,935 sqft
    2024-03-01 0 days 1,645 sqft
    2024-04-01 0 days 1,561 sqft
    2024-05-01 0 days 1,536 sqft
    2024-06-01 0 days 1,566 sqft
    2024-07-01 0 days 1,638 sqft
    2024-08-01 0 days 1,600 sqft
    2024-09-01 0 days 1,610 sqft
    2024-10-01 0 days 1,788 sqft
    2024-11-01 0 days 1,694 sqft
    2024-12-01 0 days 1,629 sqft
    2025-01-01 0 days 1,586 sqft
    2025-02-01 0 days 1,584 sqft
    Charleston - Mattoon's median listing age (time on market) for 2025-02-01 was 0 days.

    Charleston - Mattoon's median square footage for active listings during the 2025-02-01 period was 1,584 sqft. One year prior, the average listing was 1,935 sqft.

    Charleston-Mattoon, IL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 461 $69,995,000 $151,833
    Home Improvement 48 $2,190,000 $45,625
    Other 36 $2,400,000 $66,667
    Refi 36 $3,820,000 $106,111
    Cash Out Refi 28 $3,260,000 $116,429

    Charleston - Mattoon's most frequently cited loan purpose was Home Purchase, with 461 originations. The 2nd most popular reason was Home Improvement, with 48 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 221 $30,535,000 $138,167
    7-8% 188 $23,060,000 $122,660
    5-6% 87 $11,605,000 $133,391
    Over 8% 80 $13,630,000 $170,375
    <2.5% 3 $45,000 $15,000
    4-5% 1 $145,000 $145,000

    During 2023, Charleston - Mattoon's most frequently originated rate bucket was 6-7%, with 221 originations.

    Loan Sizing (Charleston-Mattoon, IL MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 325 $18,255,000 $56,169
    $100k-200k 200 $27,680,000 $138,400
    $200k-400k 74 $19,360,000 $261,622
    $400k-600k 4 $1,660,000 $415,000
    $600k-1000k 4 $2,970,000 $742,500
    $Over $1MM 2 $11,740,000 $5,870,000

    Charleston - Mattoon's loan sizing saw the bucket of loans from $100,000 or less with 325 originations, totaling $18,255,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 306 $42,930,000 $140,294
    60-80% 99 $25,665,000 $259,242
    20-40% 45 $2,465,000 $54,778
    Under 20% 39 $965,000 $24,744
    40-60% 38 $3,830,000 $100,789
    Over 100% 6 $1,270,000 $211,667

    Charleston - Mattoon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 306 originations, totaling $42,930,000 in origination value.