DECATUR Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Decatur averaged
7%
for the week of 2024-11-27, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2024-11-21) was
6.83% and
one month ago for the week of 2024-10-24, the
average rate was 6.53%.
Decatur's average rate one year ago was 7.48%.
For refis of the same type during the week of 2024-11-27, the average rate
was 6.91%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-11-27 | 6.81% |
Decatur 30 Year Fixed Rate | 2024-11-27 | 7% |
Decatur 30 Year Fixed Rate Refi | 2024-11-27 | 6.91% |
Decatur 15 Year Fixed Rate | 2024-11-27 | 6.1% |
Decatur 15 Year Fixed Rate Refi | 2024-11-27 | 6.6% |
Decatur 30 Year FHA | 2024-11-27 | -0.18% |
Decatur 30 Year FHA Refi | 2024-11-27 | 0.2% |
Decatur 30 Year USDA | 2024-11-27 | -0.1% |
Decatur 30 Year USDA Refi | 2024-11-27 | 0.1% |
Decatur 30 Year VA | 2024-11-27 | 0.11% |
Decatur 30 Year VA Refi | 2024-11-27 | -0.2% |
DECATUR 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 DECATUR, 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.).
DECATUR Average Closing Costs & Other Stats
DECATUR, IL's 77 lenders originated 1,455
loans during 2023. The total origination value was $176,325,000, with an average loan value of
$121,186.
DECATUR's average closing costs are $3,267.
The top DECATUR lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
50 loans originated. Their average total fees are
$5,373, which is $2,576
higher than the next largest lender,
Busey Bank.
The lowest fee DECATUR lenders (with over 10 loans originated) are
Prairie State Bank and Trust ($1,599), CITIZENS EQUITY FIRST ($1,667), Heartland Bank and Trust Company ($2,425), Busey Bank ($2,797) and DRAPER AND KRAMER MORTGAGE CORP. ($2,984).
The lowest rate DECATUR lenders (with over 10 loans originated) are
Busey Bank (6.40%), DRAPER AND KRAMER MORTGAGE CORP. (6.53%), FIRST STATE MORTGAGE SERVICES, LLC (6.56%), CITIZENS EQUITY FIRST (6.59%) and Heartland Bank and Trust Company (6.63%).
DECATUR, 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 |
---|---|---|---|---|
CROSSCOUNTRY MORTGAGE, LLC | $13,165,000 | $13,935,000 | 5.8% | 7.9% |
FLAT BRANCH MORTGAGE, INC. | $7,505,000 | $11,785,000 | 57.0% | 6.7% |
Hickory Point Bank and Trust | $7,390,000 | $10,200,000 | 38.0% | 5.8% |
Heartland Bank and Trust Company | $810,000 | $8,930,000 | 1,002.5% | 5.1% |
QUICKEN LOANS, LLC | $13,680,000 | $8,920,000 | -34.8% | 5.1% |
Mortgage Research Center, LLC | $6,250,000 | $7,715,000 | 23.4% | 4.4% |
First National Bank of Pana | $7,690,000 | n/a | 4.4% | |
Regions Bank | $12,420,000 | $7,405,000 | -40.4% | 4.2% |
Busey Bank | $13,570,000 | $7,225,000 | -46.8% | 4.1% |
Prairie State Bank and Trust | $14,900,000 | $6,595,000 | -55.7% | 3.7% |
DRAPER AND KRAMER MORTGAGE CORP. | $8,365,000 | $6,225,000 | -25.6% | 3.5% |
CITIZENS EQUITY FIRST | $8,030,000 | $6,135,000 | -23.6% | 3.5% |
FIRST STATE MORTGAGE SERVICES, LLC | $4,610,000 | $4,145,000 | -10.1% | 2.4% |
Land of Lincoln Credit Union | $4,965,000 | $4,070,000 | -18.0% | 2.3% |
PNC Bank | $5,630,000 | $4,010,000 | -28.8% | 2.3% |
DECATUR EARTHMOVER CREDIT UNION | $4,785,000 | $2,925,000 | -38.9% | 1.7% |
Buena Vista National Bank | $4,025,000 | $2,915,000 | -27.6% | 1.7% |
Scott State Bank | $5,130,000 | $2,740,000 | -46.6% | 1.6% |
JPMorgan Chase Bank | $4,015,000 | $2,260,000 | -43.7% | 1.3% |
First Mid Bank & Trust | $8,625,000 | $2,115,000 | -75.5% | 1.2% |
Iroquois Federal Savings and Loan Association | $545,000 | $1,990,000 | 265.1% | 1.1% |
INB | $1,090,000 | $1,780,000 | 63.3% | 1.0% |
Flanagan State Bank | $1,770,000 | n/a | 1.0% | |
U.S. Bank | $2,195,000 | $1,610,000 | -26.7% | 0.9% |
Peoples National Bank , N.A. | $1,580,000 | n/a | 0.9% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $415,000 | $1,365,000 | 228.9% | 0.8% |
Farm Credit Mid-America, ACA | $695,000 | $1,215,000 | 74.8% | 0.7% |
UNITED WHOLESALE MORTGAGE, LLC | $1,230,000 | $1,180,000 | -4.1% | 0.7% |
Flagstar Bank, FSB | $970,000 | $1,035,000 | 6.7% | 0.6% |
ZILLOW HOME LOANS, LLC | $355,000 | $1,035,000 | 191.5% | 0.6% |
Wells Fargo Bank | $2,790,000 | $1,010,000 | -63.8% | 0.6% |
CIBM Bank | $440,000 | $975,000 | 121.6% | 0.6% |
CALIBER HOME LOANS, INC. | $335,000 | $955,000 | 185.1% | 0.5% |
PENNYMAC LOAN SERVICES, LLC | $580,000 | $955,000 | 64.7% | 0.5% |
The Huntington National Bank | $3,100,000 | $950,000 | -69.4% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $1,045,000 | $940,000 | -10.0% | 0.5% |
Barrington Bank & Trust Company, N.A. | $125,000 | $830,000 | 564.0% | 0.5% |
MYCUMORTGAGE, LLC | $425,000 | $785,000 | 84.7% | 0.4% |
MOVEMENT MORTGAGE, LLC | $195,000 | $755,000 | 287.2% | 0.4% |
GUARANTEED RATE, INC. | $465,000 | $725,000 | 55.9% | 0.4% |
BROKER SOLUTIONS, INC. | $835,000 | $695,000 | -16.8% | 0.4% |
The Fisher National Bank | $155,000 | $675,000 | 335.5% | 0.4% |
USAA Federal Savings Bank | $1,375,000 | $630,000 | -54.2% | 0.4% |
AMCAP MORTGAGE, LTD. | $605,000 | n/a | 0.3% | |
Mutual Federal Bank | $600,000 | n/a | 0.3% | |
ROYAL UNITED MORTGAGE LLC | $315,000 | $590,000 | 87.3% | 0.3% |
NAVY FEDERAL CREDIT UNION | $1,655,000 | $560,000 | -66.2% | 0.3% |
LOANDEPOT.COM, LLC | $680,000 | $550,000 | -19.1% | 0.3% |
FREEDOM MORTGAGE CORPORATION | $1,175,000 | $535,000 | -54.5% | 0.3% |
PENTAGON FEDERAL CREDIT UNION | $430,000 | $525,000 | 22.1% | 0.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,240,000 | $505,000 | -59.3% | 0.3% |
Blue Ridge Bank | $490,000 | n/a | 0.3% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $510,000 | $485,000 | -4.9% | 0.3% |
NEWREZ LLC | $835,000 | $475,000 | -43.1% | 0.3% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $465,000 | $455,000 | -2.2% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $1,170,000 | $455,000 | -61.1% | 0.3% |
CHURCHILL MORTGAGE CORPORATION | $155,000 | $430,000 | 177.4% | 0.2% |
Bank of Springfield | $380,000 | $400,000 | 5.3% | 0.2% |
DAS Acquisition Company, LLC | $270,000 | $385,000 | 42.6% | 0.2% |
COMPASS MORTGAGE, INC. | $380,000 | n/a | 0.2% | |
First State Bank | $1,220,000 | $380,000 | -68.9% | 0.2% |
GREENSTATE CREDIT UNION | $80,000 | $370,000 | 362.5% | 0.2% |
Ixonia Bank | $345,000 | n/a | 0.2% | |
SCOTT CREDIT UNION | $255,000 | $345,000 | 35.3% | 0.2% |
VELOCITY COMMERCIAL CAPITAL, LLC | $135,000 | $335,000 | 148.1% | 0.2% |
First Savings Bank | $325,000 | n/a | 0.2% | |
UNIVERSITY OF ILLINOIS COMMUNITY | $230,000 | $320,000 | 39.1% | 0.2% |
PURDUE FEDERAL CREDIT UNION | $165,000 | $315,000 | 90.9% | 0.2% |
The Federal Savings Bank | $85,000 | $310,000 | 264.7% | 0.2% |
Goldwater Bank, N.A. | $305,000 | n/a | 0.2% | |
Morton Community Bank | $1,765,000 | $305,000 | -82.7% | 0.2% |
GUILD MORTGAGE COMPANY | $170,000 | $300,000 | 76.5% | 0.2% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $295,000 | n/a | 0.2% | |
BETTER MORTGAGE CORPORATION | $270,000 | n/a | 0.2% | |
21ST MORTGAGE CORPORATION | $300,000 | $265,000 | -11.7% | 0.2% |
ENDEAVOR CAPITAL, LLC. | $645,000 | $260,000 | -59.7% | 0.1% |
BMO Harris Bank | $125,000 | $250,000 | 100.0% | 0.1% |
The Peoples State Bank of Newton, Illinois | $125,000 | $245,000 | 96.0% | 0.1% |
MUTUAL OF OMAHA MORTGAGE, INC. | $225,000 | n/a | 0.1% | |
Petefish, Skiles & Co. | $335,000 | $225,000 | -32.8% | 0.1% |
Stifel Bank and Trust | $220,000 | n/a | 0.1% | |
AMERICAN FINANCING CORPORATION | $190,000 | $210,000 | 10.5% | 0.1% |
ILLINOIS STATE CREDIT UNION | $270,000 | $205,000 | -24.1% | 0.1% |
West Central Bank | $25,000 | $195,000 | 680.0% | 0.1% |
Discover Bank | $130,000 | $185,000 | 42.3% | 0.1% |
United Community Bank | $180,000 | $185,000 | 2.8% | 0.1% |
Allied First Bank,sb | $175,000 | n/a | 0.1% | |
First Merchants Bank | $175,000 | n/a | 0.1% | |
NFM, INC. | $240,000 | $175,000 | -27.1% | 0.1% |
Servion, Inc. | $175,000 | n/a | 0.1% | |
AMERICAN FINANCE HOUSE LARIBA | $165,000 | n/a | 0.1% | |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $165,000 | n/a | 0.1% | |
MORIA DEVELOPMENT, INC. | $165,000 | n/a | 0.1% | |
Old National Bank | $165,000 | n/a | 0.1% | |
Pacor Mortgage Corp | $165,000 | n/a | 0.1% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $685,000 | $160,000 | -76.6% | 0.1% |
Fortress Bank | $300,000 | $155,000 | -48.3% | 0.1% |
SPRING EQ, LLC | $25,000 | $155,000 | 520.0% | 0.1% |
1ST MIDAMERICA | $545,000 | $150,000 | -72.5% | 0.1% |
Carrollton Bank | $215,000 | $145,000 | -32.6% | 0.1% |
Community Mortgage Banc Corporation | $200,000 | $145,000 | -27.5% | 0.1% |
First Bankers Trust Company | $145,000 | n/a | 0.1% | |
First Farmers Bank and Trust Company | $145,000 | n/a | 0.1% | |
Hometown Equity Mortgage, LLC | $85,000 | $145,000 | 70.6% | 0.1% |
NEW DAY FINANCIAL, LLC | $930,000 | $145,000 | -84.4% | 0.1% |
The Gifford State Bank | $145,000 | n/a | 0.1% | |
Ally Bank | $145,000 | $135,000 | -6.9% | 0.1% |
Associated Bank | $135,000 | n/a | 0.1% | |
Catlin Bank | $135,000 | n/a | 0.1% | |
IAA Credit Union | $210,000 | $135,000 | -35.7% | 0.1% |
Coastal Community Bank | $130,000 | n/a | 0.1% | |
Neighborhood Loans, Inc. | $205,000 | $130,000 | -36.6% | 0.1% |
1786 | $125,000 | n/a | 0.1% | |
CARDINAL FINANCIAL | $155,000 | $125,000 | -19.4% | 0.1% |
DEEPHAVEN MORTGAGE LLC | $125,000 | n/a | 0.1% | |
HOMESIDE FINANCIAL, LLC | $65,000 | $125,000 | 92.3% | 0.1% |
Nations Lending Corporation | $240,000 | $125,000 | -47.9% | 0.1% |
STOCKTON MORTGAGE CORPORATION | $125,000 | n/a | 0.1% | |
ALLIANT CREDIT UNION | $235,000 | $105,000 | -55.3% | 0.1% |
Armed Forces Bank | $115,000 | $105,000 | -8.7% | 0.1% |
First State Bank of Forrest | $290,000 | $105,000 | -63.8% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $180,000 | $105,000 | -41.7% | 0.1% |
Paramount Residential Mortgage Group, Inc. | $115,000 | $105,000 | -8.7% | 0.1% |
Marine Bank | $485,000 | $100,000 | -79.4% | 0.1% |
Citibank | $190,000 | $95,000 | -50.0% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $95,000 | n/a | 0.1% | |
Figure Lending LLC | $140,000 | $85,000 | -39.3% | 0.0% |
First State Bank of St. Charles, Missouri | $85,000 | n/a | 0.0% | |
MEMBER FIRST MORTGAGE, LLC | $85,000 | n/a | 0.0% | |
Citizens Bank | $75,000 | n/a | 0.0% | |
FIRST CENTENNIAL MORTGAGE CORPORATION | $125,000 | $75,000 | -40.0% | 0.0% |
HighTechLending Inc | $75,000 | n/a | 0.0% | |
TRIAD FINANCIAL SERVICES, INC. | $240,000 | $75,000 | -68.8% | 0.0% |
LIMA ONE CAPITAL, LLC | $65,000 | n/a | 0.0% | |
Prospect Bank | $65,000 | n/a | 0.0% | |
Secured Investment Corp. | $65,000 | n/a | 0.0% | |
DUPACO COMMUNITY | $45,000 | n/a | 0.0% | |
State Bank of Bement | $35,000 | n/a | 0.0% | |
Home Loan Investment Bank, F.S.B. | $40,000 | $25,000 | -37.5% | 0.0% |
Lake City Bank | $15,000 | n/a | 0.0% |
DECATUR's top lender by overall market share is CROSSCOUNTRY MORTGAGE, LLC, with 7.9% market share. In second place, with 6.7%, is FLAT BRANCH MORTGAGE, INC., having originated $11,785,000 in loans. In third place, with 5.8%, is Hickory Point Bank and Trust, having originated $10,200,000 in loans. In fourth place, with 5.1%, is Heartland Bank and Trust Company, having originated $8,930,000 in loans. In fifth place, with 5.1%, is QUICKEN LOANS, LLC, having originated $8,920,000 in loans.
DECATUR Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - DECATUR (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 | $89,950 (-0.5%) | $117,494 (-9.5%) | 0.00 | 601 |
2018-02-01 | $90,825 (1.0%) | $122,312 (-4.9%) | 0.00 | 577 |
2018-03-01 | $89,900 (0.0%) | $122,802 (-5.1%) | 0.00 | 566 |
2018-04-01 | $97,025 (2.5%) | $128,191 (-3.8%) | 0.00 | 563 |
2018-05-01 | $98,050 (0.2%) | $130,039 (-6.4%) | 0.00 | 569 |
2018-06-01 | $97,200 (-2.7%) | $131,640 (-5.9%) | 0.00 | 559 |
2018-07-01 | $97,000 (-1.9%) | $131,579 (0.1%) | 0.00 | 600 |
2018-08-01 | $97,200 (-2.4%) | $138,199 (3.9%) | 0.00 | 614 |
2018-09-01 | $89,900 (-8.9%) | $133,747 (2.3%) | 0.00 | 602 |
2018-10-01 | $90,750 (0.1%) | $135,114 (8.7%) | 0.00 | 580 |
2018-11-01 | $94,800 (1.5%) | $134,431 (8.1%) | 0.00 | 558 |
2018-12-01 | $93,500 (4.0%) | $134,187 (12.5%) | 0.00 | 512 |
2019-01-01 | $94,200 (4.7%) | $135,809 (15.6%) | 0.00 | 471 |
2019-02-01 | $104,675 (15.3%) | $144,057 (17.8%) | 0.00 | 432 |
2019-03-01 | $104,657 (16.4%) | $143,316 (16.7%) | 0.00 | 429 |
2019-04-01 | $112,949 (16.4%) | $148,093 (15.5%) | 0.00 | 428 |
2019-05-01 | $114,599 (16.9%) | $157,527 (21.1%) | 0.00 | 441 |
2019-06-01 | $112,500 (15.7%) | $156,023 (18.5%) | 0.00 | 472 |
2019-07-01 | $109,950 (13.4%) | $150,792 (14.6%) | 0.00 | 549 |
2019-08-01 | $109,740 (12.9%) | $147,694 (6.9%) | 0.00 | 549 |
2019-09-01 | $109,577 (21.9%) | $146,502 (9.5%) | 0.00 | 532 |
2019-10-01 | $107,225 (18.2%) | $145,708 (7.8%) | 0.00 | 519 |
2019-11-01 | $99,900 (5.4%) | $139,844 (4.0%) | 0.00 | 478 |
2019-12-01 | $99,375 (6.3%) | $138,903 (3.5%) | 0.00 | 418 |
2020-01-01 | $94,925 (0.8%) | $131,532 (-3.2%) | 0.00 | 380 |
2020-02-01 | $98,900 (-5.5%) | $132,871 (-7.8%) | 0.00 | 342 |
2020-03-01 | $108,625 (3.8%) | $140,171 (-2.2%) | 0.00 | 340 |
2020-04-01 | $106,725 (-5.5%) | $139,147 (-6.0%) | 0.00 | 321 |
2020-05-01 | $112,500 (-1.8%) | $147,561 (-6.3%) | 0.00 | 293 |
2020-06-01 | $116,700 (3.7%) | $158,407 (1.5%) | 0.00 | 255 |
2020-07-01 | $110,650 (0.6%) | $150,328 (-0.3%) | 0.00 | 284 |
2020-08-01 | $102,000 (-7.1%) | $147,649 (0.0%) | 0.00 | 267 |
2020-09-01 | $104,700 (-4.5%) | $145,028 (-1.0%) | 0.00 | 248 |
2020-10-01 | $100,000 (-6.7%) | $143,406 (-1.6%) | 0.00 | 226 |
2020-11-01 | $96,225 (-3.7%) | $135,716 (-3.0%) | 0.00 | 238 |
2020-12-01 | $89,900 (-9.5%) | $129,456 (-6.8%) | 0.00 | 230 |
2021-01-01 | $89,900 (-5.3%) | $128,739 (-2.1%) | 0.00 | 210 |
2021-02-01 | $91,750 (-7.2%) | $133,378 (0.4%) | 0.00 | 180 |
2021-03-01 | $97,425 (-10.3%) | $140,546 (0.3%) | 0.00 | 153 |
2021-04-01 | $86,125 (-19.3%) | $142,293 (2.3%) | 0.00 | 137 |
2021-05-01 | $99,899 (-11.2%) | $168,052 (13.9%) | 0.00 | 145 |
2021-06-01 | $99,650 (-14.6%) | $178,860 (12.9%) | 0.00 | 142 |
2021-07-01 | $87,000 (-21.4%) | $171,271 (13.9%) | 0.00 | 155 |
2021-08-01 | $89,900 (-11.9%) | $169,423 (14.8%) | 0.00 | 170 |
2021-09-01 | $99,900 (-4.6%) | $176,105 (21.4%) | 0.00 | 188 |
2021-10-01 | $109,900 (9.9%) | $163,645 (14.1%) | 0.00 | 182 |
2021-11-01 | $102,974 (7.0%) | $155,653 (14.7%) | 0.00 | 168 |
2021-12-01 | $98,897 (10.0%) | $153,655 (18.7%) | 0.00 | 166 |
2022-01-01 | $89,900 (0.0%) | $140,101 (8.8%) | 0.00 | 147 |
2022-02-01 | $89,900 (-2.0%) | $144,897 (8.6%) | 0.00 | 139 |
2022-03-01 | $87,225 (-10.5%) | $148,165 (5.4%) | 0.00 | 128 |
2022-04-01 | $89,897 (4.4%) | $167,609 (17.8%) | 0.00 | 140 |
2022-05-01 | $115,450 (15.6%) | $181,056 (7.7%) | 0.00 | 142 |
2022-06-01 | $124,925 (25.4%) | $187,877 (5.0%) | 0.00 | 146 |
2022-07-01 | $125,000 (43.7%) | $183,767 (7.3%) | 0.00 | 169 |
2022-08-01 | $126,550 (40.8%) | $176,048 (3.9%) | 0.00 | 174 |
2022-09-01 | $125,900 (26.0%) | $174,441 (-0.9%) | 0.00 | 184 |
2022-10-01 | $126,000 (14.7%) | $176,076 (7.6%) | 0.00 | 187 |
2022-11-01 | $127,450 (23.8%) | $175,228 (12.6%) | 0.00 | 173 |
2022-12-01 | $119,900 (21.2%) | $168,424 (9.6%) | 0.00 | 146 |
2023-01-01 | $118,675 (32.0%) | $177,173 (26.5%) | 0.00 | 136 |
2023-02-01 | $117,200 (30.4%) | $189,880 (31.0%) | 0.00 | 122 |
2023-03-01 | $123,700 (41.8%) | $198,324 (33.9%) | 0.00 | 104 |
2023-04-01 | $125,000 (39.1%) | $209,976 (25.3%) | 0.00 | 100 |
2023-05-01 | $160,675 (39.2%) | $230,434 (27.3%) | 0.00 | 105 |
2023-06-01 | $149,899 (20.0%) | $224,173 (19.3%) | 0.00 | 122 |
2023-07-01 | $144,897 (15.9%) | $222,627 (21.2%) | 0.00 | 125 |
2023-08-01 | $147,725 (16.7%) | $213,318 (21.2%) | 0.00 | 151 |
2023-09-01 | $156,950 (24.7%) | $219,353 (25.8%) | 0.00 | 147 |
2023-10-01 | $155,950 (23.8%) | $221,671 (25.9%) | 0.00 | 169 |
2023-11-01 | $164,225 (28.9%) | $224,376 (28.1%) | 0.00 | 166 |
2023-12-01 | $144,700 (20.7%) | $206,609 (22.7%) | 0.00 | 162 |
2024-01-01 | $146,075 (23.1%) | $210,558 (18.8%) | 0.00 | 154 |
2024-02-01 | $154,950 (32.2%) | $210,614 (10.9%) | 0.00 | 153 |
2024-03-01 | $149,900 (21.2%) | $231,841 (16.9%) | 0.00 | 125 |
2024-04-01 | $159,950 (28.0%) | $248,285 (18.2%) | 0.00 | 132 |
2024-05-01 | $154,725 (-3.7%) | $244,288 (6.0%) | 0.00 | 151 |
2024-06-01 | $139,900 (-6.7%) | $218,216 (-2.7%) | 0.00 | 166 |
2024-07-01 | $154,900 (6.9%) | $216,908 (-2.6%) | 0.00 | 173 |
2024-08-01 | $160,467 (8.6%) | $221,783 (4.0%) | 0.00 | 189 |
2024-09-01 | $161,633 (3.0%) | $217,497 (-0.9%) | 0.00 | 184 |
2024-10-01 | $154,950 (-0.6%) | $218,013 (-1.7%) | 0.00 | 181 |
DECATUR's median listing price comes in at 0% of the national average.
DECATUR's average listing price for 2024-10-01 was $218,013, a difference of $-3,658 (-1.7%) versus the prior year and $516 versus the prior month.
For the 2024-10-01 period, DECATUR had 181 MLS listings, a difference of -3 listings (-2%) versus the prior month and 12 listings (7%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - DECATUR (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,612 sqft |
2018-02-01 | 0 days | 1,638 sqft |
2018-03-01 | 0 days | 1,649 sqft |
2018-04-01 | 0 days | 1,720 sqft |
2018-05-01 | 0 days | 1,692 sqft |
2018-06-01 | 0 days | 1,717 sqft |
2018-07-01 | 0 days | 1,665 sqft |
2018-08-01 | 0 days | 1,665 sqft |
2018-09-01 | 0 days | 1,656 sqft |
2018-10-01 | 0 days | 1,663 sqft |
2018-11-01 | 0 days | 1,655 sqft |
2018-12-01 | 0 days | 1,636 sqft |
2019-01-01 | 0 days | 1,639 sqft |
2019-02-01 | 0 days | 1,742 sqft |
2019-03-01 | 0 days | 1,751 sqft |
2019-04-01 | 0 days | 1,788 sqft |
2019-05-01 | 0 days | 1,795 sqft |
2019-06-01 | 0 days | 1,795 sqft |
2019-07-01 | 0 days | 1,767 sqft |
2019-08-01 | 0 days | 1,763 sqft |
2019-09-01 | 0 days | 1,766 sqft |
2019-10-01 | 0 days | 1,765 sqft |
2019-11-01 | 0 days | 1,728 sqft |
2019-12-01 | 0 days | 1,696 sqft |
2020-01-01 | 0 days | 1,665 sqft |
2020-02-01 | 0 days | 1,691 sqft |
2020-03-01 | 0 days | 1,790 sqft |
2020-04-01 | 0 days | 1,739 sqft |
2020-05-01 | 0 days | 1,777 sqft |
2020-06-01 | 0 days | 1,847 sqft |
2020-07-01 | 0 days | 1,757 sqft |
2020-08-01 | 0 days | 1,760 sqft |
2020-09-01 | 0 days | 1,799 sqft |
2020-10-01 | 0 days | 1,797 sqft |
2020-11-01 | 0 days | 1,714 sqft |
2020-12-01 | 0 days | 1,634 sqft |
2021-01-01 | 0 days | 1,561 sqft |
2021-02-01 | 0 days | 1,594 sqft |
2021-03-01 | 0 days | 1,628 sqft |
2021-04-01 | 0 days | 1,623 sqft |
2021-05-01 | 0 days | 1,709 sqft |
2021-06-01 | 0 days | 1,674 sqft |
2021-07-01 | 0 days | 1,661 sqft |
2021-08-01 | 0 days | 1,654 sqft |
2021-09-01 | 0 days | 1,628 sqft |
2021-10-01 | 0 days | 1,633 sqft |
2021-11-01 | 0 days | 1,513 sqft |
2021-12-01 | 0 days | 1,595 sqft |
2022-01-01 | 0 days | 1,488 sqft |
2022-02-01 | 0 days | 1,443 sqft |
2022-03-01 | 0 days | 1,427 sqft |
2022-04-01 | 0 days | 1,316 sqft |
2022-05-01 | 0 days | 1,530 sqft |
2022-06-01 | 0 days | 1,780 sqft |
2022-07-01 | 0 days | 1,758 sqft |
2022-08-01 | 0 days | 1,874 sqft |
2022-09-01 | 0 days | 2,125 sqft |
2022-10-01 | 0 days | 2,082 sqft |
2022-11-01 | 0 days | 1,735 sqft |
2022-12-01 | 0 days | 1,712 sqft |
2023-01-01 | 0 days | 1,634 sqft |
2023-02-01 | 0 days | 1,605 sqft |
2023-03-01 | 0 days | 1,573 sqft |
2023-04-01 | 0 days | 1,648 sqft |
2023-05-01 | 0 days | 1,847 sqft |
2023-06-01 | 0 days | 1,781 sqft |
2023-07-01 | 0 days | 1,740 sqft |
2023-08-01 | 0 days | 1,710 sqft |
2023-09-01 | 0 days | 1,740 sqft |
2023-10-01 | 0 days | 1,828 sqft |
2023-11-01 | 0 days | 1,866 sqft |
2023-12-01 | 0 days | 1,680 sqft |
2024-01-01 | 0 days | 1,749 sqft |
2024-02-01 | 0 days | 1,739 sqft |
2024-03-01 | 0 days | 1,745 sqft |
2024-04-01 | 0 days | 1,855 sqft |
2024-05-01 | 0 days | 1,790 sqft |
2024-06-01 | 0 days | 1,750 sqft |
2024-07-01 | 0 days | 1,724 sqft |
2024-08-01 | 0 days | 1,773 sqft |
2024-09-01 | 0 days | 1,801 sqft |
2024-10-01 | 0 days | 1,806 sqft |
DECATUR's median square footage for active listings during the 2024-10-01 period was 1,806 sqft. One year prior, the average listing was 1,828 sqft.
DECATUR, IL Average Rent (2023)
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Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
---|---|---|---|---|---|---|
61749 | Decatur, IL MSA | $600 | $700 | $860 | $1,200 | $1,270 |
61756 | Decatur, IL MSA | $550 | $640 | $790 | $1,100 | $1,170 |
61818 | Decatur, IL MSA | $750 | $750 | $880 | $1,130 | $1,200 |
61830 | Decatur, IL MSA | $760 | $760 | $900 | $1,170 | $1,210 |
61882 | Decatur, IL MSA | $750 | $750 | $920 | $1,280 | $1,360 |
61914 | Decatur, IL MSA | $600 | $700 | $860 | $1,200 | $1,270 |
61925 | Decatur, IL MSA | $740 | $870 | $1,080 | $1,500 | $1,570 |
61937 | Decatur, IL MSA | $750 | $750 | $880 | $1,130 | $1,200 |
62501 | Decatur, IL MSA | $640 | $750 | $920 | $1,280 | $1,360 |
62513 | Decatur, IL MSA | $790 | $920 | $1,130 | $1,570 | $1,670 |
62514 | Decatur, IL MSA | $560 | $650 | $790 | $1,110 | $1,180 |
62521 | Decatur, IL MSA | $640 | $750 | $920 | $1,280 | $1,360 |
62522 | Decatur, IL MSA | $620 | $730 | $890 | $1,240 | $1,320 |
62523 | Decatur, IL MSA | $540 | $630 | $770 | $1,090 | $1,160 |
62524 | Decatur, IL MSA | $600 | $700 | $860 | $1,200 | $1,270 |
62525 | Decatur, IL MSA | $600 | $700 | $860 | $1,200 | $1,270 |
62526 | Decatur, IL MSA | $610 | $710 | $870 | $1,210 | $1,290 |
62532 | Decatur, IL MSA | $590 | $690 | $850 | $1,190 | $1,260 |
62535 | Decatur, IL MSA | $900 | $1,050 | $1,290 | $1,800 | $1,910 |
62537 | Decatur, IL MSA | $600 | $700 | $860 | $1,200 | $1,270 |
62539 | Decatur, IL MSA | $580 | $710 | $870 | $1,140 | $1,200 |
62543 | Decatur, IL MSA | $540 | $630 | $770 | $1,090 | $1,160 |
62544 | Decatur, IL MSA | $540 | $630 | $770 | $1,090 | $1,160 |
62547 | Decatur, IL MSA | $660 | $770 | $940 | $1,310 | $1,390 |
62549 | Decatur, IL MSA | $590 | $690 | $840 | $1,170 | $1,240 |
62550 | Decatur, IL MSA | $680 | $790 | $970 | $1,350 | $1,440 |
62551 | Decatur, IL MSA | $540 | $630 | $770 | $1,090 | $1,160 |
62554 | Decatur, IL MSA | $650 | $760 | $930 | $1,290 | $1,380 |
62573 | Decatur, IL MSA | $540 | $630 | $770 | $1,090 | $1,160 |
2022 Average & Median Rent Data Statistics
DECATUR, IL average 1BR rent: $729, median: $710
DECATUR, IL average 2BR rent: $890, median: $870
DECATUR, IL average 3BR rent: $1,231, median: $1,200
DECATUR, IL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 1,092 | $146,590,000 | $134,240 |
Cash Out Refi | 122 | $13,990,000 | $114,672 |
Other | 100 | $5,430,000 | $54,300 |
Home Improvement | 81 | $4,445,000 | $54,877 |
Refi | 60 | $5,870,000 | $97,833 |
Decatur's most frequently cited loan purpose was Home Purchase, with 1,092 originations. The 2nd most popular reason was Cash Out Refi, with 122 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 494 | $69,650,000 | $140,992 |
7-8% | 348 | $43,920,000 | $126,207 |
5-6% | 175 | $22,105,000 | $126,314 |
Over 8% | 140 | $9,840,000 | $70,286 |
<2.5% | 27 | $175,000 | $6,481 |
3-4% | 4 | $60,000 | $15,000 |
4-5% | 2 | $320,000 | $160,000 |
2.5-3% | 1 | $45,000 | $45,000 |
During 2023, Decatur's most frequently originated rate bucket was 6-7%, with 494 originations.
Loan Sizing (DECATUR, IL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 730 | $39,700,000 | $54,384 |
$100k-200k | 518 | $71,730,000 | $138,475 |
$200k-400k | 175 | $46,655,000 | $266,600 |
$400k-600k | 25 | $11,975,000 | $479,000 |
$600k-1000k | 5 | $3,375,000 | $675,000 |
$Over $1MM | 2 | $2,890,000 | $1,445,000 |
DECATUR's loan sizing saw the bucket of loans from $100,000 or less with 730 originations, totaling $39,700,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 703 | $103,505,000 | $147,233 |
60-80% | 228 | $28,660,000 | $125,702 |
20-40% | 100 | $5,140,000 | $51,400 |
Under 20% | 87 | $1,725,000 | $19,828 |
40-60% | 62 | $4,800,000 | $77,419 |
Over 100% | 9 | $2,105,000 | $233,889 |
DECATUR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 703 originations, totaling $103,505,000 in origination value.