Connersville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Connersville averaged
6.92%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.71% and
one month ago for the week of 2024-11-07, the
average rate was 7.11%.
Connersville's average rate one year ago was 7.25%.
For refis of the same type during the week of 2024-12-12, the average rate
was 6.9%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
Connersville 30 Year Fixed Rate | 2024-12-12 | 6.92% |
Connersville 30 Year Fixed Rate Refi | 2024-12-12 | 6.9% |
Connersville 15 Year Fixed Rate | 2024-12-12 | 5.64% |
Connersville 15 Year Fixed Rate Refi | 2024-12-12 | 6.44% |
Connersville 30 Year FHA | 2024-12-12 | 6.18% |
Connersville 30 Year FHA Refi | 2024-12-12 | 6.38% |
Connersville 30 Year USDA | 2024-12-12 | 6.4% |
Connersville 30 Year USDA Refi | 2024-12-12 | 6.1% |
Connersville 30 Year VA | 2024-12-12 | 5.88% |
Connersville 30 Year VA Refi | 2024-12-12 | 6.08% |
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.).
Connersville Average Closing Costs & Other Stats
Connersville, IN's 38 lenders originated 463
loans during 2023. The total origination value was $59,825,000, with an average loan value of
$129,212.
Connersville's average closing costs are $3,715.
The top Connersville lender as defined by loan originations is First Financial Bank, with
31 loans originated. Their average total fees are
$2,572, which is $362
lower than the next largest lender,
FCN Bank.
The lowest fee Connersville lenders (with over 10 loans originated) are
First Financial Bank ($2,572), FCN Bank ($2,933), .
The lowest rate Connersville lenders (with over 10 loans originated) are
FCN Bank (6.78%), First Financial Bank (6.98%), .
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Union Savings And Loan Association | $9,565,000 | $6,370,000 | -33.4% | 10.6% |
First Financial Bank | $8,195,000 | $6,095,000 | -25.6% | 10.2% |
Greenfield Banking Company | $4,755,000 | n/a | 7.9% | |
NEWREZ LLC | $635,000 | $4,190,000 | 559.8% | 7.0% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $1,600,000 | $3,740,000 | 133.8% | 6.3% |
Truist | $2,585,000 | n/a | 4.3% | |
FCN Bank | $4,315,000 | $2,565,000 | -40.6% | 4.3% |
QUICKEN LOANS, LLC | $3,805,000 | $2,395,000 | -37.1% | 4.0% |
Fifth Third Bank | $4,030,000 | $2,085,000 | -48.3% | 3.5% |
Mortgage Research Center, LLC | $1,590,000 | $1,720,000 | 8.2% | 2.9% |
First Merchants Bank | $1,490,000 | $1,545,000 | 3.7% | 2.6% |
First Bank Richmond | $1,800,000 | $1,450,000 | -19.4% | 2.4% |
THRIVE MORTGAGE, LLC | $175,000 | $1,310,000 | 648.6% | 2.2% |
U.S. Bank | $2,145,000 | $1,105,000 | -48.5% | 1.8% |
UNITED WHOLESALE MORTGAGE, LLC | $75,000 | $1,045,000 | 1,293.3% | 1.7% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $175,000 | $835,000 | 377.1% | 1.4% |
MID AMERICA MORTGAGE, INC. | $355,000 | $790,000 | 122.5% | 1.3% |
Community First Bank of Indiana | $745,000 | n/a | 1.2% | |
FIRST COMMUNITY MORTGAGE, INC. | $735,000 | n/a | 1.2% | |
The Huntington National Bank | $1,435,000 | $675,000 | -53.0% | 1.1% |
CARDINAL FINANCIAL | $695,000 | $645,000 | -7.2% | 1.1% |
Farm Credit Mid-America, ACA | $410,000 | $425,000 | 3.7% | 0.7% |
CALIBER HOME LOANS, INC. | $4,160,000 | $405,000 | -90.3% | 0.7% |
MJW Financial LLC | $95,000 | $405,000 | 326.3% | 0.7% |
Bath State Bank | $1,330,000 | $400,000 | -69.9% | 0.7% |
The Farmers & Merchants State Bank | $845,000 | $395,000 | -53.3% | 0.7% |
RUOFF MORTGAGE COMPANY, INC. | $870,000 | $370,000 | -57.5% | 0.6% |
Merchants Bank of Indiana | $365,000 | n/a | 0.6% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $425,000 | $360,000 | -15.3% | 0.6% |
Flagstar Bank, FSB | $735,000 | $340,000 | -53.7% | 0.6% |
AMERISAVE MORTGAGE CORPORATION | $315,000 | $330,000 | 4.8% | 0.6% |
Equity Prime Mortgage LLC | $330,000 | n/a | 0.6% | |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $325,000 | n/a | 0.5% | |
DAS Acquisition Company, LLC | $1,135,000 | $315,000 | -72.2% | 0.5% |
NATIONS RELIABLE LENDING, LLC | $145,000 | $310,000 | 113.8% | 0.5% |
BROKER SOLUTIONS, INC. | $770,000 | $305,000 | -60.4% | 0.5% |
North American Savings Bank, F.S.B. | $305,000 | n/a | 0.5% | |
GVC MORTGAGE, INC. | $1,910,000 | $290,000 | -84.8% | 0.5% |
TEACHERS CREDIT UNION | $85,000 | $275,000 | 223.5% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $315,000 | $270,000 | -14.3% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $160,000 | $265,000 | 65.6% | 0.4% |
AMERICAN FINANCIAL RESOURCES, INC. | $260,000 | n/a | 0.4% | |
PNC Bank | $90,000 | $250,000 | 177.8% | 0.4% |
Paramount Residential Mortgage Group, Inc. | $240,000 | n/a | 0.4% | |
Carrington Mortgage Services, LLC | $105,000 | $230,000 | 119.0% | 0.4% |
Blue Ridge Bank | $225,000 | n/a | 0.4% | |
Wells Fargo Bank | $95,000 | $225,000 | 136.8% | 0.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $335,000 | $215,000 | -35.8% | 0.4% |
ROYAL UNITED MORTGAGE LLC | $420,000 | $215,000 | -48.8% | 0.4% |
German American Bank | $205,000 | n/a | 0.3% | |
MOVEMENT MORTGAGE, LLC | $205,000 | n/a | 0.3% | |
INSPIRE HOME LOANS INC. | $770,000 | $195,000 | -74.7% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $595,000 | $190,000 | -68.1% | 0.3% |
CHURCHILL MORTGAGE CORPORATION | $125,000 | $175,000 | 40.0% | 0.3% |
CROSSCOUNTRY MORTGAGE, LLC | $345,000 | $175,000 | -49.3% | 0.3% |
GSF Mortgage Corporation | $175,000 | n/a | 0.3% | |
Gateway First Bank | $65,000 | $165,000 | 153.8% | 0.3% |
JPMorgan Chase Bank | $400,000 | $160,000 | -60.0% | 0.3% |
Citizens State Bank of New Castle | $650,000 | $145,000 | -77.7% | 0.2% |
NEW DAY FINANCIAL, LLC | $300,000 | $145,000 | -51.7% | 0.2% |
LENDINGONE, LLC | $655,000 | $135,000 | -79.4% | 0.2% |
VILLAGE CAPITAL MORTGAGE | $135,000 | n/a | 0.2% | |
Goldwater Bank, N.A. | $125,000 | n/a | 0.2% | |
LOANPAL, LLC | $125,000 | n/a | 0.2% | |
The Park National Bank | $125,000 | n/a | 0.2% | |
FORUM Credit Union | $510,000 | $115,000 | -77.5% | 0.2% |
HONDA Federal Credit Union | $380,000 | $115,000 | -69.7% | 0.2% |
BEACON CREDIT UNION | $105,000 | $105,000 | 0.0% | 0.2% |
POLARIS HOME FUNDING CORP. | $305,000 | $105,000 | -65.6% | 0.2% |
AmeriHome Mortgage Company, LLC | $95,000 | n/a | 0.2% | |
Connexus Credit Union | $95,000 | n/a | 0.2% | |
Discover Bank | $85,000 | $90,000 | 5.9% | 0.2% |
NAVY FEDERAL CREDIT UNION | $90,000 | n/a | 0.2% | |
Three Rivers Federal Credit Union | $1,190,000 | $90,000 | -92.4% | 0.2% |
DIRECT MORTGAGE LOANS, LLC | $85,000 | n/a | 0.1% | |
M&T Bank | $85,000 | n/a | 0.1% | |
SECURITYNATIONAL MORTGAGE COMPANY | $35,000 | n/a | 0.1% | |
Civista Bank | $75,000 | $25,000 | -66.7% | 0.0% |
MIAMI UNIVERSITY COMMUNITY | $25,000 | n/a | 0.0% |
Connersville's top lender by overall market share is Union Savings And Loan Association, with 10.6% market share. In second place, with 10.2%, is First Financial Bank, having originated $6,095,000 in loans. In third place, with 7.9%, is Greenfield Banking Company, having originated $4,755,000 in loans. In fourth place, with 7.0%, is NEWREZ LLC, having originated $4,190,000 in loans. In fifth place, with 6.3%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $3,740,000 in loans.
Connersville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Connersville (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 | $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 | $70,586 (1.0%) | $110,540 (2.4%) | 0.00 | 73 |
2019-04-01 | $71,386 (2.1%) | $108,967 (2.0%) | 0.00 | 66 |
2019-05-01 | $79,900 (14.6%) | $119,528 (17.6%) | 0.00 | 64 |
2019-06-01 | $72,000 (9.3%) | $124,644 (30.6%) | 0.00 | 72 |
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 (-4.1%) | $114,554 (3.6%) | 0.00 | 57 |
2020-04-01 | $69,900 (-2.1%) | $107,123 (-1.7%) | 0.00 | 57 |
2020-05-01 | $69,900 (-12.5%) | $114,434 (-4.3%) | 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 | $149,900 (58.3%) | $173,081 (46.7%) | 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 (-1.7%) | $162,854 (-5.9%) | 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 |
2023-09-01 | $184,900 (17.5%) | $201,329 (5.6%) | 0.00 | 39 |
2023-10-01 | $199,900 (27.0%) | $208,728 (9.2%) | 0.00 | 43 |
2023-11-01 | $182,400 (15.5%) | $198,321 (13.7%) | 0.00 | 40 |
2023-12-01 | $179,000 (15.5%) | $202,097 (12.4%) | 0.00 | 38 |
2024-01-01 | $179,675 (21.9%) | $206,994 (27.1%) | 0.00 | 46 |
2024-02-01 | $164,400 (24.6%) | $184,024 (16.1%) | 0.00 | 49 |
2024-03-01 | $159,900 (18.5%) | $191,733 (12.7%) | 0.00 | 46 |
2024-04-01 | $159,900 (33.4%) | $190,063 (5.2%) | 0.00 | 43 |
2024-05-01 | $189,675 (14.8%) | $223,977 (15.3%) | 0.00 | 48 |
2024-06-01 | $205,000 (6.7%) | $227,539 (7.9%) | 0.00 | 51 |
2024-07-01 | $192,608 (1.4%) | $223,707 (3.5%) | 0.00 | 53 |
2024-08-01 | $169,900 (-10.5%) | $200,836 (-2.8%) | 0.00 | 58 |
2024-09-01 | $159,900 (-13.5%) | $203,031 (0.9%) | 0.00 | 64 |
2024-10-01 | $174,900 (-12.5%) | $230,293 (10.3%) | 0.00 | 74 |
2024-11-01 | $159,900 (-12.3%) | $207,952 (4.9%) | 0.00 | 73 |
Connersville's median listing price comes in at 0% of the national average.
Connersville's average listing price for 2024-11-01 was $207,952, a difference of $9,631 (4.9%) versus the prior year and $-22,341 versus the prior month.
For the 2024-11-01 period, Connersville had 73 MLS listings, a difference of -1 listings (-1%) versus the prior month and 33 listings (83%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Connersville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 1,383 sqft |
2019-04-01 | 0 days | 1,389 sqft |
2019-05-01 | 0 days | 1,512 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 |
2023-09-01 | 0 days | 1,790 sqft |
2023-10-01 | 0 days | 1,744 sqft |
2023-11-01 | 0 days | 1,752 sqft |
2023-12-01 | 0 days | 1,742 sqft |
2024-01-01 | 0 days | 1,804 sqft |
2024-02-01 | 0 days | 1,631 sqft |
2024-03-01 | 0 days | 1,570 sqft |
2024-04-01 | 0 days | 1,560 sqft |
2024-05-01 | 0 days | 1,682 sqft |
2024-06-01 | 0 days | 1,671 sqft |
2024-07-01 | 0 days | 1,706 sqft |
2024-08-01 | 0 days | 1,560 sqft |
2024-09-01 | 0 days | 1,545 sqft |
2024-10-01 | 0 days | 1,560 sqft |
2024-11-01 | 0 days | 1,440 sqft |
Connersville's median square footage for active listings during the 2024-11-01 period was 1,440 sqft. One year prior, the average listing was 1,752 sqft.
Connersville, IN Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 279 | $44,065,000 | $157,939 |
Cash Out Refi | 82 | $9,020,000 | $110,000 |
Refi | 51 | $3,835,000 | $75,196 |
Other | 34 | $2,080,000 | $61,176 |
Home Improvement | 17 | $825,000 | $48,529 |
Connersville's most frequently cited loan purpose was Home Purchase, with 279 originations. The 2nd most popular reason was Cash Out Refi, with 82 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 143 | $24,225,000 | $169,406 |
7-8% | 132 | $19,390,000 | $146,894 |
5-6% | 58 | $6,070,000 | $104,655 |
Over 8% | 42 | $2,850,000 | $67,857 |
<2.5% | 12 | $80,000 | $6,667 |
4-5% | 2 | $370,000 | $185,000 |
3-4% | 1 | $95,000 | $95,000 |
During 2023, Connersville's most frequently originated rate bucket was 6-7%, with 143 originations.
Loan Sizing (Connersville, IN MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 227 | $12,435,000 | $54,780 |
$100k-200k | 184 | $25,820,000 | $140,326 |
$200k-400k | 45 | $11,715,000 | $260,333 |
$400k-600k | 4 | $1,770,000 | $442,500 |
$Over $1MM | 2 | $7,340,000 | $3,670,000 |
$600k-1000k | 1 | $745,000 | $745,000 |
Connersville's loan sizing saw the bucket of loans from $100,000 or less with 227 originations, totaling $12,435,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 214 | $31,680,000 | $148,037 |
60-80% | 57 | $10,935,000 | $191,842 |
Under 20% | 46 | $940,000 | $20,435 |
40-60% | 35 | $6,145,000 | $175,571 |
20-40% | 33 | $2,285,000 | $69,242 |
Over 100% | 9 | $1,115,000 | $123,889 |
Connersville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 214 originations, totaling $31,680,000 in origination value.