Decatur Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Decatur averaged 6.95% for the week of 2025-05-08, compared to the national average of 6.76% for the same period.

    The average rate for the prior week (2025-05-01) was 7.05% and one month ago for the week of 2025-04-03, the average rate was 6.93%.

    Decatur's average rate one year ago was 7.21%.

    For refis of the same type during the week of 2025-05-08, the average rate was 6.76%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-08 6.76%
    Decatur 30 Year Fixed Rate 2025-05-08 6.95%
    Decatur 30 Year Fixed Rate Refi 2025-05-08 6.76%
    Decatur 15 Year Fixed Rate 2025-05-08 5.89%
    Decatur 15 Year Fixed Rate Refi 2025-05-08 6.29%
    Decatur 30 Year FHA 2025-05-08 6.38%
    Decatur 30 Year FHA Refi 2025-05-08 6.38%
    Decatur 30 Year USDA 2025-05-08 6.47%
    Decatur 30 Year USDA Refi 2025-05-08 6.57%
    Decatur 30 Year VA 2025-05-08 6.17%
    Decatur 30 Year VA Refi 2025-05-08 6.17%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Decatur, IN.

    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, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    The Farmers & Merchants State Bank 48 6.85% $3,114
    RUOFF MORTGAGE COMPANY, INC. 45 6.54% $2,774
    Three Rivers Federal Credit Union 19 6.68% $2,571
    First Merchants Bank 14 6.94% $2,971
    STOCKTON MORTGAGE CORPORATION 10 6.90% $2,985
    MIDWEST AMERICA 10 6.78% $2,228
    Fifth Third Bank 9 7.01% $3,243
    ProFed Federal Credit Union 9 6.57% $2,511
    QUICKEN LOANS, LLC 7 7.10% $5,254
    GVC MORTGAGE, INC. 6 7.20% $5,223
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 3 6.83% $3,506
    JPMorgan Chase Bank 3 6.08% $2,213
    TEACHERS CREDIT UNION 3 6.46% $2,100
    Notre Dame Federal Credit Union Corporation 2 7.63% $5,820
    ROYAL UNITED MORTGAGE LLC 2 6.75% $7,907
    HALLMARK HOME MORTGAGE, LLC 2 7.00% $2,796
    Union Savings Bank 2 7.50% $2,856
    UNITED WHOLESALE MORTGAGE, LLC 2 6.56% $3,263
    VAN DYK MORTGAGE CORPORATION 2 7.00% $3,195
    Farm Credit Mid-America, ACA 2 7.50% $2,885
    First Federal Savings Bank 2 6.75% $2,264
    FIRST COMMUNITY MORTGAGE, INC. 2 7.69% $3,945
    Old National Bank 2 6.63% $2,748
    Wells Fargo Bank 1 8.63% $3,069
    BEACON CREDIT UNION 1 6.63% $1,874
    CROSSCOUNTRY MORTGAGE, LLC 1 7.50% $3,460
    Discover Bank 1 7.56% $0
    First Farmers Bank and Trust Company 1 7.13% $2,611
    First Federal Bank of the Midwest 1 7.50% $3,290
    Flagstar Bank, FSB 1 6.63% $2,907
    GUARANTEED RATE AFFINITY, LLC 1 6.60% $2,828
    LOANDEPOT.COM, LLC 1 7.13% $3,192
    MOVEMENT MORTGAGE, LLC 1 7.25% $4,794
    Mr. Cooper ( Nationstar Mortgage ) 1 7.38% $5,399
    Nations Lending Corporation 1 6.63% $3,494
    NAVY FEDERAL CREDIT UNION 1 7.25% $1,353
    PENNYMAC LOAN SERVICES, LLC 1 8.00% $2,236
    PNC Bank 1 6.63% $2,063
    Prosperity Home Mortgage, LLC 1 7.13% $2,640
    STAR Financial Bank 1 6.38% $3,446
    Sunflower Bank 1 6.49% $9,525
    The Huntington National Bank 1 6.50% $2,733
    Arvest Bank 1 7.13% $2,848

    Decatur Average Closing Costs & Other Stats

    Decatur, IN's 43 lenders originated 774 loans during 2024. The total origination value was $104,640,000, with an average loan value of $135,194.

    Decatur's average closing costs are $3,259.

    The top Decatur lender as defined by loan originations is The Farmers & Merchants State Bank, with 48 loans originated. Their average total fees are $3,114, which is $340 higher than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

    The lowest fee Decatur lenders (with over 10 loans originated) are MIDWEST AMERICA ($2,228), Three Rivers Federal Credit Union ($2,571), RUOFF MORTGAGE COMPANY, INC. ($2,774), First Merchants Bank ($2,971) and STOCKTON MORTGAGE CORPORATION ($2,985).

    The lowest rate Decatur lenders (with over 10 loans originated) are RUOFF MORTGAGE COMPANY, INC. (6.54%), Three Rivers Federal Credit Union (6.68%), MIDWEST AMERICA (6.78%), The Farmers & Merchants State Bank (6.85%) and STOCKTON MORTGAGE CORPORATION (6.90%).

    Decatur, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    First Bank of Berne $11,210,000 $19,385,000 72.9% 18.5%
    The Farmers & Merchants State Bank $21,140,000 $17,125,000 -19.0% 16.4%
    RUOFF MORTGAGE COMPANY, INC. $8,045,000 $11,715,000 45.6% 11.2%
    First Merchants Bank $6,035,000 $6,095,000 1.0% 5.8%
    Three Rivers Federal Credit Union $4,995,000 $6,055,000 21.2% 5.8%
    Fifth Third Bank $2,560,000 $4,755,000 85.7% 4.5%
    ProFed Federal Credit Union $2,795,000 $3,540,000 26.7% 3.4%
    QUICKEN LOANS, LLC $2,085,000 $2,985,000 43.2% 2.9%
    STOCKTON MORTGAGE CORPORATION $2,675,000 n/a 2.6%
    MIDWEST AMERICA $2,560,000 $2,425,000 -5.3% 2.3%
    Regions Bank $2,105,000 n/a 2.0%
    GVC MORTGAGE, INC. $1,145,000 $2,010,000 75.5% 1.9%
    Mortgage Research Center, LLC $525,000 $1,620,000 208.6% 1.5%
    Union Savings Bank $95,000 $1,275,000 1,242.1% 1.2%
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION $600,000 $1,255,000 109.2% 1.2%
    NEWREZ LLC $620,000 $815,000 31.5% 0.8%
    HALLMARK HOME MORTGAGE, LLC $1,220,000 $805,000 -34.0% 0.8%
    TEACHERS CREDIT UNION $1,590,000 $690,000 -56.6% 0.7%
    UNITED WHOLESALE MORTGAGE, LLC $670,000 n/a 0.6%
    Old National Bank $290,000 $650,000 124.1% 0.6%
    CHURCHILL MORTGAGE CORPORATION $645,000 n/a 0.6%
    GENEVA FINANCIAL, LLC $615,000 n/a 0.6%
    Farm Credit Mid-America, ACA $770,000 $570,000 -26.0% 0.5%
    VAN DYK MORTGAGE CORPORATION $200,000 $560,000 180.0% 0.5%
    PARTNERS 1ST Federal Credit Union $315,000 $535,000 69.8% 0.5%
    The Campbell & Fetter Bank $515,000 n/a 0.5%
    Carrington Mortgage Services, LLC $500,000 n/a 0.5%
    JPMorgan Chase Bank $780,000 $490,000 -37.2% 0.5%
    Notre Dame Federal Credit Union Corporation $420,000 n/a 0.4%
    MOVEMENT MORTGAGE, LLC $415,000 n/a 0.4%
    Prosperity Home Mortgage, LLC $380,000 n/a 0.4%
    Nations Lending Corporation $775,000 $370,000 -52.3% 0.4%
    1st Source Bank $365,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $595,000 $355,000 -40.3% 0.3%
    AMERICAN FINANCING CORPORATION $340,000 n/a 0.3%
    BEACON CREDIT UNION $65,000 $335,000 415.4% 0.3%
    Sunflower Bank $315,000 n/a 0.3%
    The Garrett State Bank $315,000 n/a 0.3%
    VILLAGE CAPITAL MORTGAGE $315,000 n/a 0.3%
    FIRST COMMUNITY MORTGAGE, INC. $155,000 $310,000 100.0% 0.3%
    LOANDEPOT.COM, LLC $1,140,000 $310,000 -72.8% 0.3%
    PNC Bank $195,000 $310,000 59.0% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $350,000 $305,000 -12.9% 0.3%
    FREEDOM MORTGAGE CORPORATION $410,000 $290,000 -29.3% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $285,000 n/a 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $395,000 $275,000 -30.4% 0.3%
    NAVY FEDERAL CREDIT UNION $270,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $265,000 n/a 0.3%
    The Federal Savings Bank $365,000 $265,000 -27.4% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $255,000 n/a 0.2%
    STAR Financial Bank $255,000 n/a 0.2%
    First Federal Savings Bank $45,000 $250,000 455.6% 0.2%
    ROYAL UNITED MORTGAGE LLC $75,000 $230,000 206.7% 0.2%
    Flagstar Bank, FSB $395,000 $225,000 -43.0% 0.2%
    Arvest Bank $205,000 n/a 0.2%
    BROKER SOLUTIONS, INC. $175,000 $205,000 17.1% 0.2%
    CALCON MUTUAL MORTGAGE LLC $205,000 n/a 0.2%
    Horizon Bank $205,000 n/a 0.2%
    First Federal Bank of the Midwest $200,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $135,000 $195,000 44.4% 0.2%
    V.I.P. MORTGAGE, INC. $435,000 $195,000 -55.2% 0.2%
    PENNYMAC LOAN SERVICES, LLC $170,000 $190,000 11.8% 0.2%
    GUARANTEED RATE AFFINITY, LLC $175,000 n/a 0.2%
    MICHIGAN MUTUAL, INC. $155,000 $175,000 12.9% 0.2%
    Lake City Bank $80,000 $145,000 81.3% 0.1%
    Discover Bank $120,000 $140,000 16.7% 0.1%
    Merchants Bank of Indiana $135,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $135,000 n/a 0.1%
    The Huntington National Bank $1,235,000 $115,000 -90.7% 0.1%
    First Farmers Bank and Trust Company $105,000 n/a 0.1%
    UNION HOME MORTGAGE CORP. $230,000 $105,000 -54.3% 0.1%
    LOANPAL, LLC $95,000 n/a 0.1%
    Fire Police City County Federal Credit Union $90,000 n/a 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $350,000 $85,000 -75.7% 0.1%
    INDIANA MEMBERS CREDIT UNION $75,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $75,000 n/a 0.1%
    Wells Fargo Bank $55,000 $65,000 18.2% 0.1%
    Figure Lending LLC $80,000 $60,000 -25.0% 0.1%
    FINANCE OF AMERICA REVERSE LLC $55,000 $55,000 0.0% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $55,000 n/a 0.1%
    Citizens Bank $25,000 $25,000 0.0% 0.0%
    Superior Credit Union, Inc. $25,000 n/a 0.0%

    Decatur's top lender by overall market share is First Bank of Berne, with 18.5% market share. In second place, with 16.4%, is The Farmers & Merchants State Bank, having originated $17,125,000 in loans. In third place, with 11.2%, is RUOFF MORTGAGE COMPANY, INC., having originated $11,715,000 in loans. In fourth place, with 5.8%, is First Merchants Bank, having originated $6,095,000 in loans. In fifth place, with 5.8%, is Three Rivers Federal Credit Union, having originated $6,055,000 in loans.

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

    Realtor.com - Decatur (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 $89,300 (11.1%) $112,290 (3.6%) 0.00 58
    2018-02-01 $92,400 (3.6%) $123,771 (6.1%) 0.00 54
    2018-03-01 $99,500 (10.7%) $133,926 (12.7%) 0.00 55
    2018-04-01 $110,000 (22.4%) $137,019 (17.9%) 0.00 48
    2018-05-01 $114,000 (27.4%) $141,621 (25.6%) 0.00 45
    2018-06-01 $104,250 (20.0%) $138,827 (8.9%) 0.00 56
    2018-07-01 $102,700 (2.8%) $141,062 (7.9%) 0.00 58
    2018-08-01 $103,175 (2.9%) $138,255 (6.1%) 0.00 59
    2018-09-01 $115,000 (15.1%) $139,259 (4.1%) 0.00 65
    2018-10-01 $109,900 (2.7%) $138,302 (2.0%) 0.00 68
    2018-11-01 $108,700 (9.0%) $130,540 (-3.1%) 0.00 69
    2018-12-01 $112,900 (25.5%) $134,284 (17.4%) 0.00 61
    2019-01-01 $111,125 (24.4%) $130,000 (15.8%) 0.00 57
    2019-02-01 $117,450 (27.1%) $134,320 (8.5%) 0.00 50
    2019-03-01 $117,714 (18.3%) $135,682 (1.3%) 0.00 53
    2019-04-01 $129,450 (17.7%) $148,742 (8.6%) 0.00 54
    2019-05-01 $144,990 (27.2%) $156,494 (10.5%) 0.00 47
    2019-06-01 $144,990 (39.1%) $172,309 (24.1%) 0.00 50
    2019-07-01 $133,750 (30.2%) $161,261 (14.3%) 0.00 56
    2019-08-01 $135,382 (31.2%) $156,936 (13.5%) 0.00 58
    2019-09-01 $135,955 (18.2%) $150,312 (7.9%) 0.00 54
    2019-10-01 $134,886 (22.7%) $144,678 (4.6%) 0.00 54
    2019-11-01 $128,900 (18.6%) $142,842 (9.4%) 0.00 50
    2019-12-01 $128,450 (13.8%) $147,938 (10.2%) 0.00 48
    2020-01-01 $118,300 (6.5%) $130,551 (0.4%) 0.00 44
    2020-02-01 $119,900 (2.1%) $142,745 (6.3%) 0.00 41
    2020-03-01 $127,750 (8.5%) $160,582 (18.4%) 0.00 34
    2020-04-01 $138,450 (7.0%) $173,269 (16.5%) 0.00 31
    2020-05-01 $199,500 (37.6%) $204,890 (30.9%) 0.00 23
    2020-06-01 $183,750 (26.7%) $205,011 (19.0%) 0.00 24
    2020-07-01 $124,850 (-6.7%) $163,870 (1.6%) 0.00 30
    2020-08-01 $120,000 (-11.4%) $160,520 (2.3%) 0.00 26
    2020-09-01 $145,750 (7.2%) $174,130 (15.9%) 0.00 28
    2020-10-01 $129,900 (-3.7%) $161,514 (11.6%) 0.00 35
    2020-11-01 $124,900 (-3.1%) $173,997 (21.8%) 0.00 31
    2020-12-01 $103,650 (-19.3%) $140,413 (-5.1%) 0.00 20
    2021-01-01 $108,500 (-8.3%) $142,054 (8.8%) 0.00 20
    2021-02-01 $137,950 (15.1%) $221,685 (55.3%) 0.00 15
    2021-03-01 $156,499 (22.5%) $241,906 (50.6%) 0.00 16
    2021-04-01 $126,725 (-8.5%) $258,798 (49.4%) 0.00 16
    2021-05-01 $114,900 (-42.4%) $280,410 (36.9%) 0.00 13
    2021-06-01 $108,675 (-40.9%) $228,478 (11.5%) 0.00 19
    2021-07-01 $134,700 (7.9%) $202,597 (23.6%) 0.00 24
    2021-08-01 $157,850 (31.5%) $219,276 (36.6%) 0.00 21
    2021-09-01 $177,400 (21.7%) $243,091 (39.6%) 0.00 18
    2021-10-01 $184,900 (42.3%) $252,080 (56.1%) 0.00 18
    2021-11-01 $184,900 (48.0%) $249,470 (43.4%) 0.00 15
    2021-12-01 $141,725 (36.7%) $213,390 (52.0%) 0.00 14
    2022-01-01 $148,900 (37.2%) $250,573 (76.4%) 0.00 14
    2022-02-01 $199,222 (44.4%) $288,768 (30.3%) 0.00 14
    2022-03-01 $180,950 (15.6%) $263,449 (8.9%) 0.00 16
    2022-04-01 $217,222 (71.4%) $265,124 (2.4%) 0.00 20
    2022-05-01 $198,561 (72.8%) $256,593 (-8.5%) 0.00 21
    2022-06-01 $177,400 (63.2%) $242,899 (6.3%) 0.00 28
    2022-07-01 $177,400 (31.7%) $240,154 (18.5%) 0.00 30
    2022-08-01 $159,900 (1.3%) $211,955 (-3.3%) 0.00 30
    2022-09-01 $144,950 (-18.3%) $203,287 (-16.4%) 0.00 32
    2022-10-01 $170,000 (-8.1%) $245,614 (-2.6%) 0.00 33
    2022-11-01 $190,224 (2.9%) $255,180 (2.3%) 0.00 30
    2022-12-01 $199,900 (41.1%) $254,070 (19.1%) 0.00 25
    2023-01-01 $232,927 (56.4%) $231,618 (-7.6%) 0.00 20
    2023-02-01 $229,927 (15.4%) $219,833 (-23.9%) 0.00 19
    2023-03-01 $235,988 (30.4%) $230,560 (-12.5%) 0.00 24
    2023-04-01 $218,449 (0.6%) $237,064 (-10.6%) 0.00 21
    2023-05-01 $234,950 (18.3%) $237,115 (-7.6%) 0.00 22
    2023-06-01 $209,575 (18.1%) $238,590 (-1.8%) 0.00 20
    2023-07-01 $202,450 (14.1%) $258,102 (7.5%) 0.00 23
    2023-08-01 $258,888 (61.9%) $254,494 (20.1%) 0.00 22
    2023-09-01 $239,500 (65.2%) $247,173 (21.6%) 0.00 27
    2023-10-01 $239,975 (41.2%) $234,168 (-4.7%) 0.00 33
    2023-11-01 $241,183 (26.8%) $244,177 (-4.3%) 0.00 37
    2023-12-01 $244,900 (22.5%) $227,327 (-10.5%) 0.00 32
    2024-01-01 $233,500 (0.3%) $220,266 (-4.9%) 0.00 34
    2024-02-01 $267,383 (16.3%) $240,748 (9.5%) 0.00 27
    2024-03-01 $259,900 (10.1%) $249,312 (8.1%) 0.00 31
    2024-04-01 $239,900 (9.8%) $227,115 (-4.2%) 0.00 26
    2024-05-01 $261,675 (11.4%) $241,792 (2.0%) 0.00 30
    2024-06-01 $264,900 (26.4%) $245,234 (2.8%) 0.00 29
    2024-07-01 $260,718 (28.8%) $252,024 (-2.4%) 0.00 37
    2024-08-01 $262,949 (1.6%) $249,888 (-1.8%) 0.00 33
    2024-09-01 $250,000 (4.4%) $247,328 (0.1%) 0.00 31
    2024-10-01 $217,250 (-9.5%) $233,187 (-0.4%) 0.00 30
    2024-11-01 $218,500 (-9.4%) $235,496 (-3.6%) 0.00 24
    2024-12-01 $259,439 (5.9%) $249,441 (9.7%) 0.00 26
    2025-01-01 $234,550 (0.5%) $231,667 (5.2%) 0.00 22
    2025-02-01 $235,250 (-12.0%) $235,368 (-2.2%) 0.00 25
    2025-03-01 $238,700 (-8.2%) $257,604 (3.3%) 0.00 24
    2025-04-01 $245,935 (2.5%) $256,986 (13.2%) 0.00 30
    Decatur's median listing price for 2025-04-01 was $245,935, a difference of $6,035 (2.5%) versus the prior year and $7,235 versus the prior month.

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

    Decatur's average listing price for 2025-04-01 was $256,986, a difference of $29,871 (13.2%) versus the prior year and $-618 versus the prior month.

    For the 2025-04-01 period, Decatur had 30 MLS listings, a difference of 6 listings (25%) versus the prior month and 4 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Decatur (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,543 sqft
    2018-02-01 0 days 1,614 sqft
    2018-03-01 0 days 1,581 sqft
    2018-04-01 0 days 1,686 sqft
    2018-05-01 0 days 1,573 sqft
    2018-06-01 0 days 1,441 sqft
    2018-07-01 0 days 1,680 sqft
    2018-08-01 0 days 1,691 sqft
    2018-09-01 0 days 1,616 sqft
    2018-10-01 0 days 1,583 sqft
    2018-11-01 0 days 1,583 sqft
    2018-12-01 0 days 1,591 sqft
    2019-01-01 0 days 1,574 sqft
    2019-02-01 0 days 1,728 sqft
    2019-03-01 0 days 1,675 sqft
    2019-04-01 0 days 1,657 sqft
    2019-05-01 0 days 1,802 sqft
    2019-06-01 0 days 1,812 sqft
    2019-07-01 0 days 1,772 sqft
    2019-08-01 0 days 1,737 sqft
    2019-09-01 0 days 1,690 sqft
    2019-10-01 0 days 1,662 sqft
    2019-11-01 0 days 1,652 sqft
    2019-12-01 0 days 1,662 sqft
    2020-01-01 0 days 1,675 sqft
    2020-02-01 0 days 1,772 sqft
    2020-03-01 0 days 1,756 sqft
    2020-04-01 0 days 1,767 sqft
    2020-05-01 0 days 1,804 sqft
    2020-06-01 0 days 1,956 sqft
    2020-07-01 0 days 1,813 sqft
    2020-08-01 0 days 1,562 sqft
    2020-09-01 0 days 1,902 sqft
    2020-10-01 0 days 1,792 sqft
    2020-11-01 0 days 1,730 sqft
    2020-12-01 0 days 1,581 sqft
    2021-01-01 0 days 1,467 sqft
    2021-02-01 0 days 1,461 sqft
    2021-03-01 0 days 1,551 sqft
    2021-04-01 0 days 1,785 sqft
    2021-05-01 0 days 1,850 sqft
    2021-06-01 0 days 1,722 sqft
    2021-07-01 0 days 1,728 sqft
    2021-08-01 0 days 1,800 sqft
    2021-09-01 0 days 1,827 sqft
    2021-10-01 0 days 2,003 sqft
    2021-11-01 0 days 2,018 sqft
    2021-12-01 0 days 2,024 sqft
    2022-01-01 0 days 1,751 sqft
    2022-02-01 0 days 1,766 sqft
    2022-03-01 0 days 1,708 sqft
    2022-04-01 0 days 2,002 sqft
    2022-05-01 0 days 1,894 sqft
    2022-06-01 0 days 1,797 sqft
    2022-07-01 0 days 1,803 sqft
    2022-08-01 0 days 1,651 sqft
    2022-09-01 0 days 1,604 sqft
    2022-10-01 0 days 1,680 sqft
    2022-11-01 0 days 1,820 sqft
    2022-12-01 0 days 1,606 sqft
    2023-01-01 0 days 1,482 sqft
    2023-02-01 0 days 1,476 sqft
    2023-03-01 0 days 1,645 sqft
    2023-04-01 0 days 1,588 sqft
    2023-05-01 0 days 1,522 sqft
    2023-06-01 0 days 1,868 sqft
    2023-07-01 0 days 1,940 sqft
    2023-08-01 0 days 1,824 sqft
    2023-09-01 0 days 1,830 sqft
    2023-10-01 0 days 1,792 sqft
    2023-11-01 0 days 1,763 sqft
    2023-12-01 0 days 1,735 sqft
    2024-01-01 0 days 1,735 sqft
    2024-02-01 0 days 1,792 sqft
    2024-03-01 0 days 1,790 sqft
    2024-04-01 0 days 1,721 sqft
    2024-05-01 0 days 1,710 sqft
    2024-06-01 0 days 1,712 sqft
    2024-07-01 0 days 1,713 sqft
    2024-08-01 0 days 1,755 sqft
    2024-09-01 0 days 1,743 sqft
    2024-10-01 0 days 1,728 sqft
    2024-11-01 0 days 1,601 sqft
    2024-12-01 0 days 1,612 sqft
    2025-01-01 0 days 1,601 sqft
    2025-02-01 0 days 1,670 sqft
    2025-03-01 0 days 1,747 sqft
    2025-04-01 0 days 1,653 sqft
    Decatur's median listing age (time on market) for 2025-04-01 was 0 days.

    Decatur's median square footage for active listings during the 2025-04-01 period was 1,653 sqft. One year prior, the average listing was 1,721 sqft.

    Decatur, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 324 $61,050,000 $188,426
    Other 149 $10,035,000 $67,349
    Cash Out Refi 103 $13,535,000 $131,408
    Refi 100 $13,900,000 $139,000
    Home Improvement 98 $6,120,000 $62,449

    Decatur's most frequently cited loan purpose was Home Purchase, with 324 originations. The 2nd most popular reason was Other, with 149 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 244 $40,170,000 $164,631
    Over 8% 181 $12,965,000 $71,630
    7-8% 142 $21,600,000 $152,113
    5-6% 36 $9,340,000 $259,444
    <2.5% 4 $40,000 $10,000
    4-5% 2 $310,000 $155,000

    During 2024, Decatur's most frequently originated rate bucket was 6-7%, with 244 originations.

    Loan Sizing (Decatur, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 339 $17,155,000 $50,605
    $100k-200k 296 $42,200,000 $142,568
    $200k-400k 122 $33,300,000 $272,951
    $400k-600k 10 $4,880,000 $488,000
    $600k-1000k 5 $3,995,000 $799,000
    $Over $1MM 2 $3,110,000 $1,555,000

    Decatur's loan sizing saw the bucket of loans from $100,000 or less with 339 originations, totaling $17,155,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 194 $38,580,000 $198,866
    Under 20% 130 $5,310,000 $40,846
    20-40% 118 $10,570,000 $89,576
    60-80% 103 $20,605,000 $200,049
    40-60% 60 $8,280,000 $138,000
    Over 100% 3 $765,000 $255,000

    Decatur's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 194 originations, totaling $38,580,000 in origination value.