Connersville Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Connersville averaged 7.32% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

    The average rate for the prior week (2023-09-07) was 7.16% and one month ago for the week of 2023-08-10, the average rate was 6.8%.

    Connersville's average rate one year ago was 5.83%.

    For refis of the same type during the week of 2023-09-14, the average rate was 7.48%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-14 7.18%
    Connersville 30 Year Fixed Rate 2023-09-14 7.32%
    Connersville 30 Year Fixed Rate Refi 2023-09-14 7.48%
    Connersville 15 Year Fixed Rate 2023-09-14 6.61%
    Connersville 15 Year Fixed Rate Refi 2023-09-14 6.81%
    Connersville 30 Year FHA 2023-09-14 6.88%
    Connersville 30 Year FHA Refi 2023-09-14 6.99%
    Connersville 30 Year USDA 2023-09-14 6.98%
    Connersville 30 Year USDA Refi 2023-09-14 6.98%
    Connersville 30 Year VA 2023-09-14 6.91%
    Connersville 30 Year VA Refi 2023-09-14 6.61%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Connersville, IN.

    Connersville 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 Connersville, IN 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 Financial Bank 41 5.31% $2,542
    FCN Bank 17 5.11% $3,075
    Fifth Third Bank 14 4.99% $2,547
    First Bank Richmond 12 4.40% $2,470
    The Huntington National Bank 7 5.64% $3,135
    CALIBER HOME LOANS, INC. 7 4.80% $2,750
    QUICKEN LOANS, LLC 7 4.87% $5,883
    GVC MORTGAGE, INC. 6 5.98% $5,744
    U.S. Bank 6 5.39% $2,538
    Flagstar Bank, FSB 4 4.97% $5,294
    Three Rivers Federal Credit Union 4 4.34% $2,485
    AMERICAN PACIFIC MORTGAGE CORPORATION 4 5.84% $4,278
    JPMorgan Chase Bank 4 4.90% $1,494
    AMERIFIRST FINANCIAL CORPORATION 3 4.17% $3,721
    First Merchants Bank 3 4.04% $2,270
    RUOFF MORTGAGE COMPANY, INC. 3 5.46% $1,320
    The Farmers & Merchants State Bank 3 5.11% $2,185
    Mr. Cooper ( Nationstar Mortgage ) 2 4.38% $6,796
    DAS Acquisition Company, LLC 2 5.56% $3,001
    FORUM Credit Union 2 4.69% $2,306
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 4.81% $4,114
    NEWREZ LLC 2 6.44% $2,326
    PNC Bank 1 6.13% $2,508
    Regions Bank 1 4.00% $2,654
    ROYAL UNITED MORTGAGE LLC 1 7.00% $2,042
    Sierra Pacific Mortgage Company, Inc. 1 4.99% $4,159
    TELHIO 1 6.38% $2,812
    AMERICAN FINANCING CORPORATION 1 3.50% $3,553
    Wells Fargo Bank 1 4.50% $2,003
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.75% $2,834
    AMERISAVE MORTGAGE CORPORATION 1 7.13% $5,103
    Bank of America 1 4.13% $4,056
    BEACON CREDIT UNION 1 3.63% $2,025
    BROKER SOLUTIONS, INC. 1 4.99% $5,710
    CARDINAL FINANCIAL 1 6.99% $6,321
    Carrington Mortgage Services, LLC 1 3.75% $3,087
    CHURCHILL MORTGAGE CORPORATION 1 7.13% $2,857
    Discover Bank 1 4.25% $0
    EVERETT FINANCIAL, INC. 1 3.88% $1,726
    Farm Credit Mid-America, ACA 1 6.38% $3,901
    First Bank of Berne 1 5.13% $2,476
    First Federal Bank 1 7.00% $1,814
    FREEDOM MORTGAGE CORPORATION 1 4.75% $3,766
    HONDA Federal Credit Union 1 3.25% $2,015
    INDIANA MEMBERS CREDIT UNION 1 5.75% $2,165
    INSPIRE HOME LOANS INC. 1 4.25% $3,200
    KEMBA CREDIT UNION, INC. 1 5.25% $2,643
    LAKEVIEW LOAN SERVICING, LLC 1 3.75% $3,556
    LOANDEPOT.COM, LLC 1 4.75% $9,829
    MEMBER FIRST MORTGAGE, LLC 1 6.38% $2,854

    Connersville Average Closing Costs & Other Stats

    Connersville, IN's 50 lenders originated 645 loans during 2022. The total origination value was $70,675,000, with an average loan value of $109,574.

    Connersville's average closing costs are $3,568.

    The top Connersville lender as defined by loan originations is First Financial Bank, with 41 loans originated. Their average total fees are $2,542, which is $533 lower than the next largest lender, FCN Bank.

    The lowest fee Connersville lenders (with over 10 loans originated) are First Bank Richmond ($2,470), First Financial Bank ($2,542), Fifth Third Bank ($2,547), FCN Bank ($3,075) and .

    The lowest rate Connersville lenders (with over 10 loans originated) are First Bank Richmond (4.40%), Fifth Third Bank (4.99%), FCN Bank (5.11%), First Financial Bank (5.31%) and .

    Connersville, IN 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
    Union Savings And Loan Association $12,685,000 $9,565,000 -24.6% 13.5%
    First Financial Bank $8,750,000 $8,195,000 -6.3% 11.6%
    FCN Bank $5,290,000 $4,315,000 -18.4% 6.1%
    CALIBER HOME LOANS, INC. $7,240,000 $4,160,000 -42.5% 5.9%
    Fifth Third Bank $4,910,000 $4,030,000 -17.9% 5.7%
    QUICKEN LOANS, LLC $6,795,000 $3,805,000 -44.0% 5.4%
    U.S. Bank $2,055,000 $2,145,000 4.4% 3.0%
    GVC MORTGAGE, INC. $585,000 $1,910,000 226.5% 2.7%
    First Bank Richmond $4,250,000 $1,800,000 -57.6% 2.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $2,490,000 $1,600,000 -35.7% 2.3%
    Mortgage Research Center, LLC $1,145,000 $1,590,000 38.9% 2.2%
    First Merchants Bank $1,495,000 $1,490,000 -0.3% 2.1%
    The Huntington National Bank $265,000 $1,435,000 441.5% 2.0%
    Bath State Bank $1,125,000 $1,330,000 18.2% 1.9%
    Three Rivers Federal Credit Union $820,000 $1,190,000 45.1% 1.7%
    DAS Acquisition Company, LLC $665,000 $1,135,000 70.7% 1.6%
    RUOFF MORTGAGE COMPANY, INC. $1,125,000 $870,000 -22.7% 1.2%
    The Farmers & Merchants State Bank $545,000 $845,000 55.0% 1.2%
    BROKER SOLUTIONS, INC. $770,000 n/a 1.1%
    INSPIRE HOME LOANS INC. $770,000 n/a 1.1%
    Flagstar Bank, FSB $720,000 $735,000 2.1% 1.0%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $695,000 n/a 1.0%
    LENDINGONE, LLC $250,000 $655,000 162.0% 0.9%
    Citizens State Bank of New Castle $370,000 $650,000 75.7% 0.9%
    NEWREZ LLC $460,000 $635,000 38.0% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $810,000 $595,000 -26.5% 0.8%
    LAKEVIEW LOAN SERVICING, LLC $155,000 $535,000 245.2% 0.8%
    FORUM Credit Union $510,000 n/a 0.7%
    LOANDEPOT.COM, LLC $375,000 $455,000 21.3% 0.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $580,000 $425,000 -26.7% 0.6%
    ROYAL UNITED MORTGAGE LLC $215,000 $420,000 95.3% 0.6%
    AMERICAN MORTGAGE SERVICE COMPANY $175,000 $410,000 134.3% 0.6%
    Farm Credit Mid-America, ACA $1,520,000 $410,000 -73.0% 0.6%
    AMERIFIRST FINANCIAL CORPORATION $2,105,000 $405,000 -80.8% 0.6%
    JPMorgan Chase Bank $1,200,000 $400,000 -66.7% 0.6%
    HONDA Federal Credit Union $235,000 $380,000 61.7% 0.5%
    OPEN MORTGAGE, LLC $360,000 n/a 0.5%
    MID AMERICA MORTGAGE, INC. $945,000 $355,000 -62.4% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $295,000 $345,000 16.9% 0.5%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,120,000 $335,000 -70.1% 0.5%
    AMERISAVE MORTGAGE CORPORATION $240,000 $315,000 31.3% 0.4%
    FREEDOM MORTGAGE CORPORATION $2,475,000 $315,000 -87.3% 0.4%
    PLANET HOME LENDING, LLC $315,000 n/a 0.4%
    POLARIS HOME FUNDING CORP. $305,000 n/a 0.4%
    NEW DAY FINANCIAL, LLC $340,000 $300,000 -11.8% 0.4%
    RELIANCE FIRST CAPITAL, LLC $290,000 n/a 0.4%
    NBKC BANK $255,000 n/a 0.4%
    1ST SIGNATURE LENDING, LLC $135,000 $235,000 74.1% 0.3%
    Barrington Bank & Trust Company, N.A. $230,000 n/a 0.3%
    ZILLOW HOME LOANS, LLC $225,000 n/a 0.3%
    Regions Bank $45,000 $220,000 388.9% 0.3%
    First Bank of Berne $215,000 n/a 0.3%
    Figure Lending LLC $190,000 n/a 0.3%
    EVERETT FINANCIAL, INC. $185,000 n/a 0.3%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $95,000 $175,000 84.2% 0.2%
    Broadway National Bank $175,000 n/a 0.2%
    THRIVE MORTGAGE, LLC $175,000 n/a 0.2%
    ENVOY MORTGAGE, LTD $185,000 $165,000 -10.8% 0.2%
    INDIANA MEMBERS CREDIT UNION $165,000 n/a 0.2%
    Northpointe Bank $165,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $165,000 n/a 0.2%
    PENNYMAC LOAN SERVICES, LLC $355,000 $160,000 -54.9% 0.2%
    PENTAGON FEDERAL CREDIT UNION $155,000 n/a 0.2%
    MEMBER FIRST MORTGAGE, LLC $75,000 $145,000 93.3% 0.2%
    NATIONS RELIABLE LENDING, LLC $320,000 $145,000 -54.7% 0.2%
    TELHIO $135,000 n/a 0.2%
    HALLMARK HOME MORTGAGE, LLC $130,000 n/a 0.2%
    LONGBRIDGE FINANCIAL, LLC $130,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $125,000 n/a 0.2%
    Peoples Bank $125,000 n/a 0.2%
    Bank of America $115,000 n/a 0.2%
    Horizon Bank $115,000 n/a 0.2%
    Sierra Pacific Mortgage Company, Inc. $115,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $95,000 $105,000 10.5% 0.1%
    BEACON CREDIT UNION $205,000 $105,000 -48.8% 0.1%
    Carrington Mortgage Services, LLC $420,000 $105,000 -75.0% 0.1%
    TOP FLITE FINANCIAL, INC. $105,000 n/a 0.1%
    MJW Financial LLC $95,000 n/a 0.1%
    Wells Fargo Bank $160,000 $95,000 -40.6% 0.1%
    WINTERWOOD MORTGAGE GROUP, LLC $95,000 n/a 0.1%
    PNC Bank $400,000 $90,000 -77.5% 0.1%
    Citizens Bank $365,000 $85,000 -76.7% 0.1%
    Discover Bank $85,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $155,000 $85,000 -45.2% 0.1%
    TEACHERS CREDIT UNION $85,000 n/a 0.1%
    Civista Bank $105,000 $75,000 -28.6% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $75,000 n/a 0.1%
    UNITED WHOLESALE MORTGAGE, LLC $160,000 $75,000 -53.1% 0.1%
    Gateway First Bank $105,000 $65,000 -38.1% 0.1%
    Elements Financial Federal Credit Union $55,000 n/a 0.1%
    First Federal Bank $55,000 n/a 0.1%
    KEMBA CREDIT UNION, INC. $115,000 $55,000 -52.2% 0.1%
    BMO Harris Bank $50,000 $25,000 -50.0% 0.0%
    STAR Financial Bank $95,000 $25,000 -73.7% 0.0%

    Connersville's top lender by overall market share is Union Savings And Loan Association, with 13.5% market share. In second place, with 11.6%, is First Financial Bank, having originated $8,195,000 in loans. In third place, with 6.1%, is FCN Bank, having originated $4,315,000 in loans. In fourth place, with 5.9%, is CALIBER HOME LOANS, INC., having originated $4,160,000 in loans. In fifth place, with 5.7%, is Fifth Third Bank, having originated $4,030,000 in loans.

    Connersville Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Connersville (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 $59,900 (-14.4%) $81,496 (-23.8%) 0.00 72
    2018-02-01 $56,200 (-18.8%) $86,585 (-17.3%) 0.00 68
    2018-03-01 $69,900 (1.0%) $107,907 (1.9%) 0.00 64
    2018-04-01 $69,950 (0.4%) $106,876 (0.7%) 0.00 61
    2018-05-01 $69,725 (1.0%) $101,684 (10.9%) 0.00 72
    2018-06-01 $65,900 (-6.7%) $95,446 (0.5%) 0.00 90
    2018-07-01 $71,175 (1.7%) $105,429 (10.0%) 0.00 92
    2018-08-01 $69,925 (-1.8%) $102,703 (7.7%) 0.00 100
    2018-09-01 $74,900 (20.8%) $115,637 (27.2%) 0.00 101
    2018-10-01 $74,900 (15.4%) $119,734 (14.4%) 0.00 93
    2018-11-01 $69,900 (6.5%) $123,182 (21.6%) 0.00 87
    2018-12-01 $79,200 (32.2%) $122,688 (38.8%) 0.00 82
    2019-01-01 $76,200 (27.2%) $113,434 (39.2%) 0.00 76
    2019-02-01 $74,950 (33.4%) $113,572 (31.2%) 0.00 80
    2019-03-01 $70,693 (1.1%) $110,649 (2.5%) 0.00 73
    2019-04-01 $71,618 (2.4%) $109,202 (2.2%) 0.00 67
    2019-05-01 $79,900 (14.6%) $119,674 (17.7%) 0.00 65
    2019-06-01 $72,000 (9.3%) $124,644 (30.6%) 0.00 73
    2019-07-01 $69,900 (-1.8%) $114,066 (8.2%) 0.00 97
    2019-08-01 $69,900 (0.0%) $111,653 (8.7%) 0.00 94
    2019-09-01 $69,900 (-6.7%) $105,909 (-8.4%) 0.00 91
    2019-10-01 $70,900 (-5.3%) $103,568 (-13.5%) 0.00 86
    2019-11-01 $76,000 (8.7%) $98,996 (-19.6%) 0.00 78
    2019-12-01 $66,900 (-15.5%) $108,409 (-11.6%) 0.00 77
    2020-01-01 $64,600 (-15.2%) $111,186 (-2.0%) 0.00 71
    2020-02-01 $64,500 (-13.9%) $113,306 (-0.2%) 0.00 63
    2020-03-01 $67,675 (-4.3%) $114,554 (3.5%) 0.00 57
    2020-04-01 $69,900 (-2.4%) $107,123 (-1.9%) 0.00 57
    2020-05-01 $69,900 (-12.5%) $114,434 (-4.4%) 0.00 49
    2020-06-01 $67,025 (-6.9%) $109,544 (-12.1%) 0.00 46
    2020-07-01 $68,225 (-2.4%) $121,495 (6.5%) 0.00 44
    2020-08-01 $65,000 (-7.0%) $136,955 (22.7%) 0.00 37
    2020-09-01 $77,550 (10.9%) $115,440 (9.0%) 0.00 37
    2020-10-01 $84,900 (19.8%) $122,235 (18.0%) 0.00 44
    2020-11-01 $79,700 (4.9%) $97,569 (-1.4%) 0.00 40
    2020-12-01 $77,725 (16.2%) $103,238 (-4.8%) 0.00 35
    2021-01-01 $94,700 (46.6%) $118,002 (6.1%) 0.00 32
    2021-02-01 $85,350 (32.3%) $143,345 (26.5%) 0.00 35
    2021-03-01 $79,900 (18.1%) $117,422 (2.5%) 0.00 31
    2021-04-01 $71,975 (3.0%) $124,573 (16.3%) 0.00 23
    2021-05-01 $95,000 (35.9%) $134,741 (17.8%) 0.00 23
    2021-06-01 $112,200 (67.4%) $142,138 (29.8%) 0.00 35
    2021-07-01 $114,950 (68.5%) $158,119 (30.1%) 0.00 31
    2021-08-01 $137,400 (111.4%) $157,670 (15.1%) 0.00 42
    2021-09-01 $119,875 (54.6%) $155,558 (34.8%) 0.00 37
    2021-10-01 $139,900 (64.8%) $152,548 (24.8%) 0.00 37
    2021-11-01 $106,200 (33.3%) $136,038 (39.4%) 0.00 32
    2021-12-01 $131,725 (69.5%) $155,005 (50.1%) 0.00 28
    2022-01-01 $153,950 (62.6%) $177,629 (50.5%) 0.00 34
    2022-02-01 $165,925 (94.4%) $178,424 (24.5%) 0.00 22
    2022-03-01 $176,400 (120.8%) $197,867 (68.5%) 0.00 23
    2022-04-01 $135,000 (87.6%) $187,024 (50.1%) 0.00 23
    2022-05-01 $148,675 (56.5%) $171,769 (27.5%) 0.00 33
    2022-06-01 $121,950 (8.7%) $142,594 (0.3%) 0.00 45
    2022-07-01 $110,000 (-4.3%) $138,588 (-12.4%) 0.00 45
    2022-08-01 $127,450 (-7.2%) $160,838 (2.0%) 0.00 51
    2022-09-01 $157,400 (31.3%) $190,631 (22.6%) 0.00 55
    2022-10-01 $157,400 (12.5%) $191,088 (25.3%) 0.00 59
    2022-11-01 $157,900 (48.7%) $174,422 (28.2%) 0.00 55
    2022-12-01 $155,000 (17.7%) $179,836 (16.0%) 0.00 53
    2023-01-01 $147,425 (-4.2%) $162,854 (-8.3%) 0.00 48
    2023-02-01 $131,950 (-20.5%) $158,472 (-11.2%) 0.00 45
    2023-03-01 $134,975 (-23.5%) $170,155 (-14.0%) 0.00 54
    2023-04-01 $119,900 (-11.2%) $180,641 (-3.4%) 0.00 44
    2023-05-01 $165,175 (11.1%) $194,267 (13.1%) 0.00 49
    2023-06-01 $192,175 (57.6%) $210,887 (47.9%) 0.00 47
    2023-07-01 $189,900 (72.6%) $216,243 (56.0%) 0.00 43
    2023-08-01 $189,900 (49.0%) $206,689 (28.5%) 0.00 37
    Connersville's median listing price for 2023-08-01 was $189,900, a difference of $62,450 (49.0%) versus the prior year and $0 versus the prior month.

    Connersville's median listing price comes in at 0% of the national average.

    Connersville's average listing price for 2023-08-01 was $206,689, a difference of $45,851 (28.5%) versus the prior year and $-9,554 versus the prior month.

    For the 2023-08-01 period, Connersville had 37 MLS listings, a difference of -6 listings (-14%) versus the prior month and -14 listings (-27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Connersville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,384 sqft
    2018-02-01 0 days 1,447 sqft
    2018-03-01 0 days 1,477 sqft
    2018-04-01 0 days 1,421 sqft
    2018-05-01 0 days 1,410 sqft
    2018-06-01 0 days 1,378 sqft
    2018-07-01 0 days 1,484 sqft
    2018-08-01 0 days 1,474 sqft
    2018-09-01 0 days 1,484 sqft
    2018-10-01 0 days 1,448 sqft
    2018-11-01 0 days 1,440 sqft
    2018-12-01 0 days 1,440 sqft
    2019-01-01 0 days 1,328 sqft
    2019-02-01 0 days 1,381 sqft
    2019-03-01 0 days 1,385 sqft
    2019-04-01 0 days 1,395 sqft
    2019-05-01 0 days 1,523 sqft
    2019-06-01 0 days 1,490 sqft
    2019-07-01 0 days 1,391 sqft
    2019-08-01 0 days 1,422 sqft
    2019-09-01 0 days 1,469 sqft
    2019-10-01 0 days 1,497 sqft
    2019-11-01 0 days 1,466 sqft
    2019-12-01 0 days 1,540 sqft
    2020-01-01 0 days 1,528 sqft
    2020-02-01 0 days 1,506 sqft
    2020-03-01 0 days 1,552 sqft
    2020-04-01 0 days 1,522 sqft
    2020-05-01 0 days 1,512 sqft
    2020-06-01 0 days 1,358 sqft
    2020-07-01 0 days 1,366 sqft
    2020-08-01 0 days 1,524 sqft
    2020-09-01 0 days 1,389 sqft
    2020-10-01 0 days 1,433 sqft
    2020-11-01 0 days 1,470 sqft
    2020-12-01 0 days 1,436 sqft
    2021-01-01 0 days 1,646 sqft
    2021-02-01 0 days 1,607 sqft
    2021-03-01 0 days 1,603 sqft
    2021-04-01 0 days 1,633 sqft
    2021-05-01 0 days 1,560 sqft
    2021-06-01 0 days 1,494 sqft
    2021-07-01 0 days 1,560 sqft
    2021-08-01 0 days 1,560 sqft
    2021-09-01 0 days 1,538 sqft
    2021-10-01 0 days 1,374 sqft
    2021-11-01 0 days 1,206 sqft
    2021-12-01 0 days 1,262 sqft
    2022-01-01 0 days 1,440 sqft
    2022-02-01 0 days 1,565 sqft
    2022-03-01 0 days 1,649 sqft
    2022-04-01 0 days 1,486 sqft
    2022-05-01 0 days 1,534 sqft
    2022-06-01 0 days 1,567 sqft
    2022-07-01 0 days 1,515 sqft
    2022-08-01 0 days 1,485 sqft
    2022-09-01 0 days 1,695 sqft
    2022-10-01 0 days 1,652 sqft
    2022-11-01 0 days 1,589 sqft
    2022-12-01 0 days 1,664 sqft
    2023-01-01 0 days 1,616 sqft
    2023-02-01 0 days 1,456 sqft
    2023-03-01 0 days 1,453 sqft
    2023-04-01 0 days 1,448 sqft
    2023-05-01 0 days 1,579 sqft
    2023-06-01 0 days 1,686 sqft
    2023-07-01 0 days 1,675 sqft
    2023-08-01 0 days 1,780 sqft
    Connersville's median listing age (time on market) for 2023-08-01 was 0 days.

    Connersville's median square footage for active listings during the 2023-08-01 period was 1,780 sqft. One year prior, the average listing was 1,485 sqft.

    Connersville, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 340 $42,990,000 $126,441
    Cash Out Refi 137 $14,805,000 $108,066
    Refi 69 $7,075,000 $102,536
    Other 62 $3,540,000 $57,097
    Home Improvement 37 $2,265,000 $61,216

    Connersville's most frequently cited loan purpose was Home Purchase, with 340 originations. The 2nd most popular reason was Cash Out Refi, with 137 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 140 $16,590,000 $118,500
    4-5% 114 $13,460,000 $118,070
    3-4% 110 $12,030,000 $109,364
    6-7% 75 $8,735,000 $116,467
    <2.5% 38 $1,770,000 $46,579
    2.5-3% 35 $2,925,000 $83,571
    7-8% 30 $2,510,000 $83,667
    Over 8% 12 $400,000 $33,333

    During 2022, Connersville's most frequently originated rate bucket was 5-6%, with 140 originations.

    Loan Sizing (Connersville, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 363 $21,685,000 $59,738
    $100k-200k 220 $30,480,000 $138,545
    $200k-400k 52 $13,170,000 $253,269
    $400k-600k 8 $3,810,000 $476,250
    $600k-1000k 2 $1,530,000 $765,000

    Connersville's loan sizing saw the bucket of loans from $100,000 or less with 363 originations, totaling $21,685,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 241 $32,255,000 $133,838
    60-80% 137 $14,785,000 $107,920
    40-60% 61 $5,055,000 $82,869
    20-40% 58 $3,320,000 $57,241
    Under 20% 51 $1,185,000 $23,235
    Over 100% 6 $1,840,000 $306,667

    Connersville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 241 originations, totaling $32,255,000 in origination value.