Dickinson 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 Dickinson averaged 6.58% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 6.71% and one month ago for the week of 2023-02-09, the average rate was 6.2%.

    Dickinson's average rate one year ago was 4.13%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.65%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Dickinson 30 Year Fixed Rate 2023-03-16 6.58%
    Dickinson 30 Year Fixed Rate Refi 2023-03-16 6.65%
    Dickinson 15 Year Fixed Rate 2023-03-16 7.55%
    Dickinson 15 Year Fixed Rate Refi 2023-03-16 6.23%
    Dickinson 30 Year FHA 2023-03-16 6.77%
    Dickinson 30 Year FHA Refi 2023-03-16 6.41%
    Dickinson 30 Year USDA 2023-03-16 6.34%
    Dickinson 30 Year USDA Refi 2023-03-16 6.15%
    Dickinson 30 Year VA 2023-03-16 6.67%
    Dickinson 30 Year VA Refi 2023-03-16 6.22%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dickinson, ND.

    Dickinson 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 Dickinson, ND 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Bank of England 101 3.37% $3,958
    Dakota Community Bank & Trust 74 2.93% $4,762
    Gate City Bank 51 2.75% $4,719
    American Bank Center 50 2.89% $4,015
    GUILD MORTGAGE COMPANY 37 3.07% $4,436
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 33 3.00% $4,641
    QUICKEN LOANS, LLC 27 3.07% $4,472
    Servion, Inc. 20 2.99% $5,262
    U.S. Bank 18 3.00% $2,806
    Choice Financial Group 17 2.73% $4,815
    Wells Fargo Bank 13 3.01% $2,729
    WESTERN COOPERATIVE CREDIT UNION 10 3.25% $5,126
    Unify Home Lending Inc. 10 3.00% $2,982
    CALIBER HOME LOANS, INC. 8 3.05% $2,872
    LOANDEPOT.COM, LLC 7 2.85% $4,931
    Dacotah Bank 7 3.06% $4,214
    AMERISAVE MORTGAGE CORPORATION 6 2.71% $5,890
    PREMIA MORTGAGE, LLC 5 2.72% $674
    GUARANTEED RATE, INC. 5 2.98% $5,518
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 5 3.20% $7,735
    FREEDOM MORTGAGE CORPORATION 3 3.13% $1,520
    BROKER SOLUTIONS, INC. 3 3.37% $3,070
    Bremer Bank 3 3.21% $3,970
    Flagstar Bank, FSB 3 3.25% $5,091
    PENNYMAC LOAN SERVICES, LLC 3 3.00% $4,608
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.25% $3,959
    JPMorgan Chase Bank 2 3.12% $1,746
    First International Bank & Trust 2 2.75% $2,792
    Stifel Bank and Trust 2 2.69% $2,237
    UNITED WHOLESALE MORTGAGE, LLC 2 2.88% $5,134
    Starion Bank 2 2.50% $5,799
    Wyndham Capital Mortgage, Inc. 1 2.99% $2,215
    AMERICAN FINANCING CORPORATION 1 4.00% $3,079
    Bank Forward 1 3.25% $3,778
    Barrington Bank & Trust Company, N.A. 1 2.99% $6,225
    BETTER MORTGAGE CORPORATION 1 3.00% $1,515
    BNC National Bank 1 3.25% $2,908
    CHURCHILL MORTGAGE CORPORATION 1 3.25% $2,805
    CRESCENT MORTGAGE COMPANY 1 3.25% $7,242
    CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $3,459
    FIRST COMMUNITY CREDIT UNION 1 2.70% $6,337
    First Interstate Bank 1 3.25% $3,237
    HOME POINT FINANCIAL CORPORATION 1 2.88% $4,916
    HOMESIDE FINANCIAL, LLC 1 3.00% $7,023
    Magnolia Bank 1 2.63% $1,937
    Merchants Bank 1 3.28% $2,731
    MID AMERICA MORTGAGE, INC. 1 3.25% $3,480
    Mortgage Research Center, LLC 1 2.75% $5,764
    Mr. Cooper ( Nationstar Mortgage ) 1 3.13% $9,496
    NEWREZ LLC 1 2.99% $3,183
    North Shore Bank of Commerce 1 3.25% $4,912
    OPEN MORTGAGE, LLC 1 3.25% $7,074
    STAR ONE CREDIT UNION 1 2.38% $8,272
    STEARNS LENDING, LLC 1 2.88% $3,104
    TCF National Bank 1 2.75% $1,793
    Truity Federal Credit Union 1 2.75% $2,627
    AFFINITY PLUS 1 3.00% $3,317

    Dickinson Average Closing Costs & Other Stats

    Dickinson, ND's 57 lenders originated 1,500 loans during 2021. The total origination value was $348,240,000, with an average loan value of $232,160.

    Dickinson's average closing costs are $5,210.

    The top Dickinson lender as defined by loan originations is Bank of England, with 101 loans originated. Their average total fees are $3,958, which is $803 lower than the next largest lender, Dakota Community Bank & Trust.

    The lowest fee Dickinson lenders (with over 10 loans originated) are Wells Fargo Bank ($2,729), U.S. Bank ($2,806), Unify Home Lending Inc. ($2,982), Bank of England ($3,958) and American Bank Center ($4,015).

    The lowest rate Dickinson lenders (with over 10 loans originated) are Choice Financial Group (2.73%), Gate City Bank (2.75%), American Bank Center (2.89%), Dakota Community Bank & Trust (2.93%) and Servion, Inc. (2.99%).

    Dickinson, ND 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Bank of England $73,005,000 $48,685,000 -33.3% 14.0%
    Dakota Community Bank & Trust $59,970,000 $46,875,000 -21.8% 13.5%
    GUILD MORTGAGE COMPANY $31,955,000 $28,285,000 -11.5% 8.1%
    Gate City Bank $25,070,000 $27,360,000 9.1% 7.9%
    American Bank Center $37,740,000 $24,185,000 -35.9% 6.9%
    QUICKEN LOANS, LLC $13,760,000 $16,600,000 20.6% 4.8%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $16,755,000 $15,630,000 -6.7% 4.5%
    Choice Financial Group $21,255,000 $9,615,000 -54.8% 2.8%
    WESTERN COOPERATIVE CREDIT UNION $9,660,000 $9,300,000 -3.7% 2.7%
    FREEDOM MORTGAGE CORPORATION $9,635,000 $8,160,000 -15.3% 2.3%
    Servion, Inc. $10,495,000 $7,580,000 -27.8% 2.2%
    Unify Home Lending Inc. $4,175,000 $7,565,000 81.2% 2.2%
    Kirkwood Bank & Trust Co. $7,895,000 $7,550,000 -4.4% 2.2%
    U.S. Bank $6,765,000 $6,240,000 -7.8% 1.8%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,525,000 $6,170,000 304.6% 1.8%
    Dacotah Bank $17,235,000 $6,150,000 -64.3% 1.8%
    Wells Fargo Bank $6,315,000 $5,540,000 -12.3% 1.6%
    Mortgage Research Center, LLC $4,525,000 $5,455,000 20.6% 1.6%
    PENNYMAC LOAN SERVICES, LLC $3,800,000 $5,305,000 39.6% 1.5%
    CALIBER HOME LOANS, INC. $1,840,000 $5,200,000 182.6% 1.5%
    LOANDEPOT.COM, LLC $2,530,000 $4,020,000 58.9% 1.2%
    GUARANTEED RATE, INC. $1,555,000 $3,190,000 105.1% 0.9%
    LAKEVIEW LOAN SERVICING, LLC $760,000 $2,615,000 244.1% 0.8%
    AMERISAVE MORTGAGE CORPORATION $1,940,000 $2,560,000 32.0% 0.7%
    Flagstar Bank, FSB $755,000 $2,465,000 226.5% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $2,610,000 $2,205,000 -15.5% 0.6%
    PREMIA MORTGAGE, LLC $2,290,000 $1,865,000 -18.6% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $905,000 $1,620,000 79.0% 0.5%
    NEWREZ LLC $1,200,000 $1,455,000 21.3% 0.4%
    USAA Federal Savings Bank $1,285,000 $1,455,000 13.2% 0.4%
    TCF National Bank $1,700,000 $1,380,000 -18.8% 0.4%
    The Federal Savings Bank $970,000 $1,310,000 35.1% 0.4%
    UNITED WHOLESALE MORTGAGE, LLC $555,000 $1,260,000 127.0% 0.4%
    Bremer Bank $2,390,000 $1,255,000 -47.5% 0.4%
    BROKER SOLUTIONS, INC. $1,445,000 $1,100,000 -23.9% 0.3%
    Cornerstone Bank $705,000 $1,005,000 42.6% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $565,000 $1,005,000 77.9% 0.3%
    First International Bank & Trust $890,000 $980,000 10.1% 0.3%
    Truity Federal Credit Union $975,000 $915,000 -6.2% 0.3%
    HOME POINT FINANCIAL CORPORATION $245,000 $845,000 244.9% 0.2%
    21ST MORTGAGE CORPORATION $890,000 $780,000 -12.4% 0.2%
    BNC National Bank $415,000 $725,000 74.7% 0.2%
    JPMorgan Chase Bank $555,000 $710,000 27.9% 0.2%
    Barrington Bank & Trust Company, N.A. $500,000 $680,000 36.0% 0.2%
    CAPITAL CREDIT UNION $1,080,000 $675,000 -37.5% 0.2%
    Starion Bank $200,000 $640,000 220.0% 0.2%
    MID AMERICA MORTGAGE, INC. $470,000 $625,000 33.0% 0.2%
    CMG MORTGAGE, INC. $275,000 $570,000 107.3% 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $450,000 $520,000 15.6% 0.1%
    Low VA Rates, LLC $510,000 n/a 0.1%
    The Huntington National Bank $490,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $470,000 $450,000 -4.3% 0.1%
    NAVY FEDERAL CREDIT UNION $425,000 n/a 0.1%
    Black Hills Community Bank $405,000 n/a 0.1%
    Magnolia Bank $390,000 n/a 0.1%
    VILLAGE CAPITAL & INVESTMENT LLC $380,000 $390,000 2.6% 0.1%
    Wyndham Capital Mortgage, Inc. $355,000 n/a 0.1%
    Stifel Bank and Trust $640,000 $350,000 -45.3% 0.1%
    CHURCHILL MORTGAGE CORPORATION $255,000 $340,000 33.3% 0.1%
    STAR ONE CREDIT UNION $335,000 n/a 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $215,000 $325,000 51.2% 0.1%
    Sierra Pacific Mortgage Company, Inc. $295,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $285,000 n/a 0.1%
    Plains Commerce Bank $645,000 $285,000 -55.8% 0.1%
    PLAZA HOME MORTGAGE, INC. $285,000 n/a 0.1%
    OPEN MORTGAGE, LLC $9,710,000 $275,000 -97.2% 0.1%
    PNC Bank $265,000 n/a 0.1%
    North Shore Bank of Commerce $255,000 n/a 0.1%
    Security First Bank of North Dakota $1,185,000 $255,000 -78.5% 0.1%
    EVERETT FINANCIAL, INC. $235,000 n/a 0.1%
    CORTRUST MORTGAGE, INC. $225,000 n/a 0.1%
    CRESCENT MORTGAGE COMPANY $215,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $320,000 $215,000 -32.8% 0.1%
    HOMESIDE FINANCIAL, LLC $205,000 n/a 0.1%
    RAILWAY CREDIT UNION $205,000 n/a 0.1%
    AFFINITY PLUS $195,000 n/a 0.1%
    Bank Forward $185,000 n/a 0.1%
    STEARNS LENDING, LLC $185,000 n/a 0.1%
    SIRVA MORTGAGE, INC. $175,000 n/a 0.1%
    BANKWEST, INC. $465,000 $170,000 -63.4% 0.0%
    First Guaranty Mortgage Corporation $1,375,000 $165,000 -88.0% 0.0%
    Nations Lending Corporation $470,000 $165,000 -64.9% 0.0%
    First Interstate Bank $155,000 $160,000 3.2% 0.0%
    FIRST COMMUNITY CREDIT UNION $145,000 n/a 0.0%
    First Western Bank & Trust $185,000 $115,000 -37.8% 0.0%
    Manufacturers and Traders Trust Company $115,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $415,000 $95,000 -77.1% 0.0%
    Great Western Bank $95,000 n/a 0.0%
    Stockman Bank of Montana $395,000 $75,000 -81.0% 0.0%
    Merchants Bank $55,000 n/a 0.0%

    Dickinson's top lender by overall market share is Bank of England, with 14.0% market share. In second place, with 13.5%, is Dakota Community Bank & Trust, having originated $46,875,000 in loans. In third place, with 8.1%, is GUILD MORTGAGE COMPANY, having originated $28,285,000 in loans. In fourth place, with 7.9%, is Gate City Bank, having originated $27,360,000 in loans. In fifth place, with 6.9%, is American Bank Center, having originated $24,185,000 in loans.

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

    Realtor.com - Dickinson (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 $225,725 (2.6%) $245,413 (3.0%) 0.00 237
    2018-02-01 $229,450 (4.1%) $250,021 (4.9%) 0.00 237
    2018-03-01 $233,000 (2.0%) $253,765 (3.3%) 0.00 235
    2018-04-01 $239,675 (2.0%) $260,594 (2.6%) 0.00 244
    2018-05-01 $239,900 (1.4%) $268,671 (3.7%) 0.00 261
    2018-06-01 $249,000 (3.8%) $273,510 (4.2%) 0.00 284
    2018-07-01 $240,450 (0.4%) $269,846 (4.5%) 0.00 289
    2018-08-01 $235,000 (0.6%) $269,475 (5.5%) 0.00 284
    2018-09-01 $229,900 (1.3%) $261,750 (3.2%) 0.00 281
    2018-10-01 $224,000 (-0.4%) $251,772 (0.8%) 0.00 278
    2018-11-01 $225,000 (2.3%) $249,615 (3.3%) 0.00 261
    2018-12-01 $239,999 (6.7%) $260,256 (7.6%) 0.00 241
    2019-01-01 $243,750 (8.0%) $273,967 (11.6%) 0.00 204
    2019-02-01 $249,000 (8.5%) $277,472 (11.0%) 0.00 188
    2019-03-01 $255,643 (9.7%) $280,863 (10.7%) 0.00 168
    2019-04-01 $266,750 (11.3%) $290,876 (11.6%) 0.00 159
    2019-05-01 $271,225 (13.1%) $292,475 (8.9%) 0.00 181
    2019-06-01 $277,450 (11.4%) $307,078 (12.3%) 0.00 191
    2019-07-01 $271,950 (13.1%) $306,188 (13.5%) 0.00 196
    2019-08-01 $266,273 (13.3%) $306,364 (13.7%) 0.00 197
    2019-09-01 $262,182 (14.0%) $300,519 (14.8%) 0.00 193
    2019-10-01 $254,500 (13.6%) $296,623 (17.8%) 0.00 187
    2019-11-01 $243,250 (8.1%) $278,168 (11.4%) 0.00 177
    2019-12-01 $239,900 (0.0%) $275,819 (6.0%) 0.00 166
    2020-01-01 $244,000 (0.1%) $278,108 (1.5%) 0.00 146
    2020-02-01 $238,000 (-4.4%) $280,510 (1.1%) 0.00 125
    2020-03-01 $246,000 (-3.8%) $283,001 (0.8%) 0.00 122
    2020-04-01 $244,475 (-8.4%) $282,997 (-2.7%) 0.00 148
    2020-05-01 $246,400 (-9.2%) $278,273 (-4.9%) 0.00 180
    2020-06-01 $246,800 (-11.1%) $286,684 (-6.6%) 0.00 180
    2020-07-01 $243,675 (-10.4%) $283,900 (-7.3%) 0.00 178
    2020-08-01 $245,000 (-8.0%) $290,134 (-5.3%) 0.00 184
    2020-09-01 $244,950 (-6.6%) $287,581 (-4.3%) 0.00 187
    2020-10-01 $244,900 (-3.8%) $277,565 (-6.4%) 0.00 185
    2020-11-01 $248,450 (2.1%) $276,655 (-0.5%) 0.00 179
    2020-12-01 $244,900 (2.1%) $275,608 (-0.1%) 0.00 174
    2021-01-01 $242,450 (-0.6%) $273,037 (-1.8%) 0.00 161
    2021-02-01 $240,000 (0.8%) $264,281 (-5.8%) 0.00 163
    2021-03-01 $240,000 (-2.4%) $273,992 (-3.2%) 0.00 148
    2021-04-01 $230,000 (-5.9%) $250,759 (-11.4%) 0.00 183
    2021-05-01 $234,950 (-4.7%) $260,293 (-6.5%) 0.00 163
    2021-06-01 $233,750 (-5.3%) $262,929 (-8.3%) 0.00 160
    2021-07-01 $239,950 (-1.5%) $260,984 (-8.1%) 0.00 174
    2021-08-01 $239,975 (-2.1%) $260,135 (-10.3%) 0.00 163
    2021-09-01 $239,975 (-2.0%) $255,024 (-11.3%) 0.00 163
    2021-10-01 $244,950 (0.0%) $251,493 (-9.4%) 0.00 162
    2021-11-01 $237,500 (-4.4%) $251,992 (-8.9%) 0.00 155
    2021-12-01 $214,900 (-12.3%) $236,345 (-14.3%) 0.00 137
    2022-01-01 $210,000 (-13.4%) $224,834 (-17.7%) 0.00 102
    2022-02-01 $218,700 (-8.9%) $233,628 (-11.6%) 0.00 103
    2022-03-01 $245,000 (2.1%) $257,310 (-6.1%) 0.00 88
    2022-04-01 $249,900 (8.7%) $267,382 (6.6%) 0.00 77
    2022-05-01 $271,800 (15.7%) $311,748 (19.8%) 0.00 90
    2022-06-01 $297,450 (27.3%) $329,674 (25.4%) 0.00 110
    2022-07-01 $295,000 (22.9%) $335,111 (28.4%) 0.00 119
    2022-08-01 $269,725 (12.4%) $319,281 (22.7%) 0.00 134
    2022-09-01 $269,000 (12.1%) $317,881 (24.7%) 0.00 146
    2022-10-01 $267,500 (9.2%) $313,770 (24.8%) 0.00 156
    2022-11-01 $260,725 (9.8%) $311,503 (23.6%) 0.00 150
    2022-12-01 $265,500 (23.6%) $302,323 (27.9%) 0.00 138
    2023-01-01 $256,000 (21.9%) $301,068 (33.9%) 0.00 127
    2023-02-01 $252,000 (15.2%) $306,859 (31.4%) 0.00 97
    Dickinson's median listing price for 2023-02-01 was $252,000, a difference of $33,300 (15.2%) versus the prior year and $-4,000 versus the prior month.

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

    Dickinson's average listing price for 2023-02-01 was $306,859, a difference of $73,231 (31.4%) versus the prior year and $5,791 versus the prior month.

    For the 2023-02-01 period, Dickinson had 97 MLS listings, a difference of -30 listings (-24%) versus the prior month and -6 listings (-6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dickinson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,228 sqft
    2018-02-01 0 days 2,223 sqft
    2018-03-01 0 days 2,202 sqft
    2018-04-01 0 days 2,288 sqft
    2018-05-01 0 days 2,304 sqft
    2018-06-01 0 days 2,296 sqft
    2018-07-01 0 days 2,254 sqft
    2018-08-01 0 days 2,204 sqft
    2018-09-01 0 days 2,219 sqft
    2018-10-01 0 days 2,140 sqft
    2018-11-01 0 days 2,126 sqft
    2018-12-01 0 days 2,244 sqft
    2019-01-01 0 days 2,234 sqft
    2019-02-01 0 days 2,224 sqft
    2019-03-01 0 days 2,232 sqft
    2019-04-01 0 days 2,260 sqft
    2019-05-01 0 days 2,393 sqft
    2019-06-01 0 days 2,472 sqft
    2019-07-01 0 days 2,449 sqft
    2019-08-01 0 days 2,417 sqft
    2019-09-01 0 days 2,399 sqft
    2019-10-01 0 days 2,381 sqft
    2019-11-01 0 days 2,352 sqft
    2019-12-01 0 days 2,258 sqft
    2020-01-01 0 days 2,276 sqft
    2020-02-01 0 days 2,225 sqft
    2020-03-01 0 days 2,237 sqft
    2020-04-01 0 days 2,215 sqft
    2020-05-01 0 days 2,211 sqft
    2020-06-01 0 days 2,214 sqft
    2020-07-01 0 days 2,173 sqft
    2020-08-01 0 days 2,176 sqft
    2020-09-01 0 days 2,208 sqft
    2020-10-01 0 days 2,164 sqft
    2020-11-01 0 days 2,145 sqft
    2020-12-01 0 days 2,111 sqft
    2021-01-01 0 days 2,120 sqft
    2021-02-01 0 days 2,073 sqft
    2021-03-01 0 days 2,082 sqft
    2021-04-01 0 days 2,023 sqft
    2021-05-01 0 days 2,054 sqft
    2021-06-01 0 days 2,044 sqft
    2021-07-01 0 days 2,080 sqft
    2021-08-01 0 days 2,076 sqft
    2021-09-01 0 days 2,003 sqft
    2021-10-01 0 days 2,080 sqft
    2021-11-01 0 days 2,093 sqft
    2021-12-01 0 days 2,030 sqft
    2022-01-01 0 days 1,923 sqft
    2022-02-01 0 days 2,119 sqft
    2022-03-01 0 days 2,198 sqft
    2022-04-01 0 days 2,220 sqft
    2022-05-01 0 days 2,329 sqft
    2022-06-01 0 days 2,420 sqft
    2022-07-01 0 days 2,469 sqft
    2022-08-01 0 days 2,343 sqft
    2022-09-01 0 days 2,285 sqft
    2022-10-01 0 days 2,212 sqft
    2022-11-01 0 days 2,168 sqft
    2022-12-01 0 days 2,167 sqft
    2023-01-01 0 days 2,164 sqft
    2023-02-01 0 days 2,078 sqft
    Dickinson's median listing age (time on market) for 2023-02-01 was 0 days.

    Dickinson's median square footage for active listings during the 2023-02-01 period was 2,078 sqft. One year prior, the average listing was 2,119 sqft.

    Dickinson, ND Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 645 $157,885,000 $244,783
    Refi 611 $143,685,000 $235,164
    Cash Out Refi 190 $42,730,000 $224,895
    Home Improvement 27 $1,945,000 $72,037
    Other 27 $1,995,000 $73,889

    Dickinson's most frequently cited loan purpose was Home Purchase, with 645 originations. The 2nd most popular reason was Refi, with 611 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 576 $145,080,000 $251,875
    3-4% 441 $103,145,000 $233,889
    <2.5% 360 $79,430,000 $220,639
    4-5% 53 $9,515,000 $179,528
    5-6% 16 $1,260,000 $78,750
    6-7% 14 $1,090,000 $77,857
    Over 8% 3 $165,000 $55,000
    7-8% 2 $140,000 $70,000

    During 2021, Dickinson's most frequently originated rate bucket was 2.5-3%, with 576 originations.

    Loan Sizing (Dickinson, ND MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 797 $219,805,000 $275,790
    $100k-200k 444 $69,620,000 $156,802
    $100,000 or less 155 $8,205,000 $52,935
    $400k-600k 99 $45,855,000 $463,182
    $600k-1000k 3 $2,245,000 $748,333
    $Over $1MM 2 $2,510,000 $1,255,000

    Dickinson's loan sizing saw the bucket of loans from $200k-400k with 797 originations, totaling $219,805,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 715 $182,995,000 $255,937
    60-80% 406 $97,630,000 $240,468
    40-60% 135 $28,675,000 $212,407
    Under 20% 69 $2,525,000 $36,594
    20-40% 65 $7,675,000 $118,077
    Over 100% 25 $7,585,000 $303,400

    Dickinson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 715 originations, totaling $182,995,000 in origination value.