Charleston - Mattoon Mortgage Rates & Closing Costs

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  • Trends
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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 6.56% 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.