Dixon Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Dixon averaged 6.95% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.93% and one month ago for the week of 2024-03-14, the average rate was 6.79%.

    Dixon's average rate one year ago was 6.42%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Dixon 30 Year Fixed Rate 2024-04-18 6.95%
    Dixon 30 Year Fixed Rate Refi 2024-04-18 7.2%
    Dixon 15 Year Fixed Rate 2024-04-18 6.29%
    Dixon 15 Year Fixed Rate Refi 2024-04-18 6.69%
    Dixon 30 Year FHA 2024-04-18 6.66%
    Dixon 30 Year FHA Refi 2024-04-18 6.86%
    Dixon 30 Year USDA 2024-04-18 6.76%
    Dixon 30 Year USDA Refi 2024-04-18 6.86%
    Dixon 30 Year VA 2024-04-18 6.56%
    Dixon 30 Year VA Refi 2024-04-18 6.86%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dixon, IL.

    Dixon 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 Dixon, 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.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    ENVOY MORTGAGE, LTD 8 7.14% $5,022
    Midland States Bank 8 6.81% $3,127
    U.S. Bank 7 6.64% $2,574
    First State Bank 7 6.68% $2,135
    Central Bank Illinois 6 7.02% $2,054
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 7.00% $4,207
    GUILD MORTGAGE COMPANY 5 7.10% $5,354
    QUICKEN LOANS, LLC 4 7.12% $4,444
    Fifth Third Bank 3 7.16% $3,776
    Mr. Cooper ( Nationstar Mortgage ) 3 6.62% $5,357
    GREENSTATE CREDIT UNION 3 5.87% $3,334
    The Huntington National Bank 3 6.83% $3,730
    JPMorgan Chase Bank 3 6.54% $4,493
    FINANCIAL PLUS 2 6.75% $1,281
    Stillman Bank 2 7.14% $2,485
    GUARANTEED RATE, INC. 2 6.75% $3,672
    COMPASS MORTGAGE, INC. 2 6.81% $4,005
    Community Mortgage Banc Corporation 2 6.25% $2,747
    Wells Fargo Bank 2 6.63% $5,038
    UNITED WHOLESALE MORTGAGE, LLC 2 7.19% $5,077
    ILLINOIS STATE CREDIT UNION 2 7.00% $2,954
    Ottawa Savings Bank 2 6.19% $4,097
    NUMARK CREDIT UNION 2 6.31% $3,276
    CALIBER HOME LOANS, INC. 2 6.50% $4,165
    PLANET HOME LENDING, LLC 1 6.13% $2,974
    ROYAL UNITED MORTGAGE LLC 1 7.13% $4,588
    Summit Credit Union 1 5.63% $2,110
    The Federal Savings Bank 1 6.13% $4,049
    The First National Bank of Ottawa 1 6.00% $2,895
    USAA Federal Savings Bank 1 6.50% $2,243
    AmeriHome Mortgage Company, LLC 1 6.50% $6,183
    ZILLOW HOME LOANS, LLC 1 7.13% $3,779
    BAY EQUITY LLC 1 6.49% $3,392
    Blackhawk Bank 1 6.25% $3,885
    BROKER SOLUTIONS, INC. 1 6.75% $6,290
    Byron Bank 1 6.88% $2,498
    CARDINAL FINANCIAL 1 6.88% $5,447
    CoVantage Credit Union 1 7.25% $3,816
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $5,035
    Deere Employees Credit Union 1 4.99% $2,940
    DRAPER AND KRAMER MORTGAGE CORP. 1 6.63% $3,477
    DUPACO COMMUNITY 1 6.13% $3,591
    First Horizon Bank 1 6.25% $5,104
    First National Bank of Omaha 1 6.13% $2,555
    FIRST NORTHERN Credit Union 1 6.75% $2,751
    Flanagan State Bank 1 7.25% $3,201
    GREAT LAKES 1 5.75% $4,939
    IAA Credit Union 1 5.88% $3,022
    Johnson Bank 1 6.35% $2,551
    LOANDEPOT.COM, LLC 1 6.13% $5,340
    Mortgage Research Center, LLC 1 6.75% $5,746
    Morton Community Bank 1 5.63% $2,254
    NAVY FEDERAL CREDIT UNION 1 6.50% $2,382
    NexBank 1 7.38% $3,616
    NEXERA HOLDING LLC 1 9.25% $9,276

    Dixon Average Closing Costs & Other Stats

    Dixon, IL's 55 lenders originated 361 loans during 2023. The total origination value was $49,415,000, with an average loan value of $136,884.

    Dixon's average closing costs are $3,998.

    The top Dixon lender as defined by loan originations is ENVOY MORTGAGE, LTD, with 8 loans originated. Their average total fees are $5,022, which is $1,895 higher than the next largest lender, Midland States Bank.

    The lowest fee Dixon lenders (with over 10 loans originated) are .

    The lowest rate Dixon lenders (with over 10 loans originated) are .

    Dixon, 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
    Sauk Valley Bank & Trust Company $8,285,000 $6,360,000 -23.2% 12.9%
    Central Bank Illinois $1,105,000 $3,100,000 180.5% 6.3%
    QUICKEN LOANS, LLC $4,275,000 $2,700,000 -36.8% 5.5%
    First State Bank $5,400,000 $1,925,000 -64.4% 3.9%
    Midland States Bank $1,740,000 $1,815,000 4.3% 3.7%
    Mortgage Research Center, LLC $2,100,000 $1,715,000 -18.3% 3.5%
    U.S. Bank $3,555,000 $1,625,000 -54.3% 3.3%
    ENVOY MORTGAGE, LTD $1,340,000 $1,460,000 9.0% 3.0%
    JPMorgan Chase Bank $765,000 $1,240,000 62.1% 2.5%
    GUARANTEED RATE, INC. $1,620,000 $1,230,000 -24.1% 2.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $600,000 $1,170,000 95.0% 2.4%
    GREENSTATE CREDIT UNION $1,165,000 n/a 2.4%
    The Huntington National Bank $470,000 $1,095,000 133.0% 2.2%
    GUILD MORTGAGE COMPANY $1,030,000 n/a 2.1%
    BROKER SOLUTIONS, INC. $360,000 $985,000 173.6% 2.0%
    First National Bank of Omaha $160,000 $940,000 487.5% 1.9%
    COMPEER FINANCIAL, FLCA $820,000 n/a 1.7%
    DRAPER AND KRAMER MORTGAGE CORP. $810,000 n/a 1.6%
    CALIBER HOME LOANS, INC. $1,225,000 $715,000 -41.6% 1.4%
    Ottawa Savings Bank $700,000 n/a 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $1,215,000 $655,000 -46.1% 1.3%
    Fifth Third Bank $1,390,000 $635,000 -54.3% 1.3%
    CROSSCOUNTRY MORTGAGE, LLC $645,000 $585,000 -9.3% 1.2%
    Flanagan State Bank $870,000 $565,000 -35.1% 1.1%
    Old National Bank $220,000 $550,000 150.0% 1.1%
    PLANET HOME LENDING, LLC $1,745,000 $550,000 -68.5% 1.1%
    COMPASS MORTGAGE, INC. $1,340,000 $515,000 -61.6% 1.0%
    Wells Fargo Bank $1,035,000 $510,000 -50.7% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $555,000 $480,000 -13.5% 1.0%
    Union Savings Bank $265,000 $440,000 66.0% 0.9%
    BMO Harris Bank $330,000 $405,000 22.7% 0.8%
    Deere Employees Credit Union $400,000 n/a 0.8%
    Resource Bank, N.A. $400,000 n/a 0.8%
    USAA Federal Savings Bank $460,000 $385,000 -16.3% 0.8%
    CARDINAL FINANCIAL $360,000 n/a 0.7%
    Wintrust Bank, N.A. $355,000 n/a 0.7%
    Citizens Bank $340,000 n/a 0.7%
    FINANCIAL PLUS $585,000 $340,000 -41.9% 0.7%
    ILLINOIS STATE CREDIT UNION $290,000 n/a 0.6%
    Plains Commerce Bank $285,000 n/a 0.6%
    LOANDEPOT.COM, LLC $1,600,000 $280,000 -82.5% 0.6%
    NUMARK CREDIT UNION $270,000 n/a 0.5%
    Holcomb Bank $935,000 $260,000 -72.2% 0.5%
    FIRST CENTENNIAL MORTGAGE CORPORATION $350,000 $250,000 -28.6% 0.5%
    Old Second National Bank $525,000 $250,000 -52.4% 0.5%
    Johnson Bank $235,000 n/a 0.5%
    NEWREZ LLC $85,000 $235,000 176.5% 0.5%
    Stillman Bank $150,000 $235,000 56.7% 0.5%
    INB $225,000 n/a 0.5%
    NEXERA HOLDING LLC $215,000 n/a 0.4%
    ROYAL UNITED MORTGAGE LLC $215,000 n/a 0.4%
    The Federal Savings Bank $205,000 n/a 0.4%
    Morton Community Bank $200,000 n/a 0.4%
    AmeriHome Mortgage Company, LLC $195,000 n/a 0.4%
    Barrington Bank & Trust Company, N.A. $195,000 n/a 0.4%
    Byron Bank $155,000 $195,000 25.8% 0.4%
    NexBank $185,000 n/a 0.4%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $175,000 n/a 0.4%
    FIRST NORTHERN Credit Union $170,000 n/a 0.3%
    Neighborhood Loans, Inc. $335,000 $170,000 -49.3% 0.3%
    First Horizon Bank $165,000 n/a 0.3%
    PREMIER MORTGAGE RESOURCES, L.L.C. $165,000 n/a 0.3%
    ACADEMY MORTGAGE CORPORATION $110,000 $160,000 45.5% 0.3%
    Community Mortgage Banc Corporation $105,000 $150,000 42.9% 0.3%
    BAY EQUITY LLC $145,000 n/a 0.3%
    IAA Credit Union $145,000 n/a 0.3%
    NAVY FEDERAL CREDIT UNION $325,000 $145,000 -55.4% 0.3%
    UNION HOME MORTGAGE CORP. $205,000 $145,000 -29.3% 0.3%
    AMERICAN FINANCIAL RESOURCES, INC. $135,000 n/a 0.3%
    EVERETT FINANCIAL, INC. $125,000 n/a 0.3%
    GREAT LAKES $125,000 n/a 0.3%
    DUPACO COMMUNITY $120,000 n/a 0.2%
    CoVantage Credit Union $115,000 n/a 0.2%
    The Harvard State Bank $115,000 n/a 0.2%
    ZILLOW HOME LOANS, LLC $155,000 $115,000 -25.8% 0.2%
    Paramount Residential Mortgage Group, Inc. $240,000 $95,000 -60.4% 0.2%
    Summit Credit Union $85,000 n/a 0.2%
    The First National Bank of Ottawa $85,000 n/a 0.2%
    Rock Valley Credit Union $235,000 $80,000 -66.0% 0.2%
    Associated Bank $85,000 $75,000 -11.8% 0.2%
    PNC Bank $70,000 n/a 0.1%
    Blackhawk Bank $115,000 $65,000 -43.5% 0.1%
    I. H. MISSISSIPPI VALLEY CREDIT UNION $215,000 $60,000 -72.1% 0.1%
    COMMUNITY STATE BANK $55,000 n/a 0.1%
    Cornerstone Credit Union $55,000 n/a 0.1%
    Discover Bank $55,000 n/a 0.1%
    HealthCare Associates Credit Union $90,000 $45,000 -50.0% 0.1%
    CITIZENS EQUITY FIRST $155,000 $25,000 -83.9% 0.1%
    Coastal Community Bank $25,000 n/a 0.1%

    Dixon's top lender by overall market share is Sauk Valley Bank & Trust Company, with 12.9% market share. In second place, with 6.3%, is Central Bank Illinois, having originated $3,100,000 in loans. In third place, with 5.5%, is QUICKEN LOANS, LLC, having originated $2,700,000 in loans. In fourth place, with 3.9%, is First State Bank, having originated $1,925,000 in loans. In fifth place, with 3.7%, is Midland States Bank, having originated $1,815,000 in loans.

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

    Realtor.com - Dixon (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 $114,700 (-2.5%) $142,853 (-8.5%) 0.00 117
    2018-02-01 $121,725 (6.4%) $148,525 (-3.0%) 0.00 120
    2018-03-01 $119,900 (0.6%) $153,841 (-1.2%) 0.00 123
    2018-04-01 $125,725 (4.8%) $155,356 (-2.8%) 0.00 136
    2018-05-01 $129,200 (-0.2%) $158,719 (-3.0%) 0.00 146
    2018-06-01 $125,950 (3.9%) $158,830 (1.9%) 0.00 152
    2018-07-01 $119,675 (-0.2%) $153,434 (-0.3%) 0.00 143
    2018-08-01 $119,675 (0.6%) $157,003 (2.5%) 0.00 149
    2018-09-01 $125,000 (7.8%) $164,956 (9.9%) 0.00 142
    2018-10-01 $129,800 (13.6%) $167,644 (11.4%) 0.00 141
    2018-11-01 $124,675 (11.4%) $161,125 (13.8%) 0.00 131
    2018-12-01 $119,900 (14.2%) $159,172 (15.4%) 0.00 130
    2019-01-01 $116,950 (2.0%) $150,775 (5.6%) 0.00 131
    2019-02-01 $123,675 (1.6%) $156,926 (5.7%) 0.00 123
    2019-03-01 $127,829 (6.6%) $164,077 (6.7%) 0.00 119
    2019-04-01 $135,125 (7.5%) $177,741 (14.4%) 0.00 117
    2019-05-01 $138,700 (7.4%) $186,509 (17.5%) 0.00 111
    2019-06-01 $149,625 (18.8%) $188,512 (18.7%) 0.00 121
    2019-07-01 $147,225 (23.0%) $183,385 (19.5%) 0.00 118
    2019-08-01 $142,973 (19.5%) $177,590 (13.1%) 0.00 132
    2019-09-01 $133,257 (6.6%) $169,414 (2.7%) 0.00 140
    2019-10-01 $127,100 (-2.1%) $162,047 (-3.3%) 0.00 149
    2019-11-01 $127,900 (2.6%) $158,716 (-1.5%) 0.00 143
    2019-12-01 $128,175 (6.9%) $154,850 (-2.7%) 0.00 138
    2020-01-01 $129,000 (10.3%) $160,361 (6.4%) 0.00 132
    2020-02-01 $129,250 (4.5%) $156,284 (-0.4%) 0.00 120
    2020-03-01 $136,700 (6.9%) $165,436 (0.8%) 0.00 121
    2020-04-01 $140,550 (4.0%) $173,204 (-2.6%) 0.00 109
    2020-05-01 $135,000 (-2.7%) $164,969 (-11.6%) 0.00 99
    2020-06-01 $145,700 (-2.6%) $182,819 (-3.0%) 0.00 97
    2020-07-01 $139,675 (-5.1%) $176,568 (-3.7%) 0.00 106
    2020-08-01 $135,000 (-5.6%) $174,972 (-1.5%) 0.00 96
    2020-09-01 $136,700 (2.6%) $165,870 (-2.1%) 0.00 100
    2020-10-01 $139,000 (9.4%) $174,163 (7.5%) 0.00 104
    2020-11-01 $129,900 (1.6%) $173,913 (9.6%) 0.00 93
    2020-12-01 $125,925 (-1.8%) $159,676 (3.1%) 0.00 79
    2021-01-01 $124,900 (-3.2%) $164,688 (2.7%) 0.00 68
    2021-02-01 $127,400 (-1.4%) $169,855 (8.7%) 0.00 67
    2021-03-01 $129,250 (-5.5%) $167,369 (1.2%) 0.00 53
    2021-04-01 $134,175 (-4.5%) $170,991 (-1.3%) 0.00 45
    2021-05-01 $132,000 (-2.2%) $181,602 (10.1%) 0.00 37
    2021-06-01 $144,950 (-0.5%) $193,029 (5.6%) 0.00 44
    2021-07-01 $134,000 (-4.1%) $203,647 (15.3%) 0.00 54
    2021-08-01 $133,350 (-1.2%) $202,425 (15.7%) 0.00 61
    2021-09-01 $135,250 (-1.1%) $200,923 (21.1%) 0.00 67
    2021-10-01 $148,700 (7.0%) $201,409 (15.6%) 0.00 62
    2021-11-01 $136,200 (4.9%) $183,461 (5.5%) 0.00 59
    2021-12-01 $127,000 (0.9%) $172,870 (8.3%) 0.00 58
    2022-01-01 $117,000 (-6.3%) $161,293 (-2.1%) 0.00 48
    2022-02-01 $115,500 (-9.3%) $151,715 (-10.7%) 0.00 50
    2022-03-01 $115,225 (-10.9%) $173,144 (3.5%) 0.00 45
    2022-04-01 $110,000 (-18.0%) $256,671 (50.1%) 0.00 35
    2022-05-01 $112,575 (-14.7%) $238,531 (31.4%) 0.00 43
    2022-06-01 $173,725 (19.9%) $256,091 (32.7%) 0.00 48
    2022-07-01 $189,000 (41.0%) $269,489 (32.3%) 0.00 55
    2022-08-01 $183,450 (37.6%) $264,703 (30.8%) 0.00 59
    2022-09-01 $172,450 (27.5%) $253,859 (26.4%) 0.00 59
    2022-10-01 $160,000 (7.6%) $239,100 (18.7%) 0.00 56
    2022-11-01 $145,000 (6.5%) $227,110 (23.8%) 0.00 51
    2022-12-01 $162,500 (28.0%) $224,695 (30.0%) 0.00 48
    2023-01-01 $133,250 (13.9%) $156,912 (-2.7%) 0.00 42
    2023-02-01 $139,425 (20.7%) $169,927 (12.0%) 0.00 35
    2023-03-01 $147,000 (27.6%) $175,097 (1.1%) 0.00 38
    2023-04-01 $181,950 (65.4%) $208,711 (-18.7%) 0.00 38
    2023-05-01 $191,000 (69.7%) $231,657 (-2.9%) 0.00 45
    2023-06-01 $201,225 (15.8%) $232,518 (-9.2%) 0.00 46
    2023-07-01 $225,000 (19.1%) $243,571 (-9.6%) 0.00 40
    2023-08-01 $223,500 (21.8%) $243,218 (-8.1%) 0.00 35
    2023-09-01 $189,900 (10.1%) $234,933 (-7.5%) 0.00 59
    2023-10-01 $186,575 (16.6%) $237,797 (-0.5%) 0.00 59
    2023-11-01 $179,900 (24.1%) $235,693 (3.8%) 0.00 50
    2023-12-01 $172,250 (6.0%) $223,116 (-0.7%) 0.00 47
    2024-01-01 $178,900 (34.3%) $236,635 (50.8%) 0.00 41
    2024-02-01 $199,950 (43.4%) $256,274 (50.8%) 0.00 35
    2024-03-01 $199,950 (36.0%) $254,059 (45.1%) 0.00 32
    Dixon's median listing price for 2024-03-01 was $199,950, a difference of $52,950 (36.0%) versus the prior year and $0 versus the prior month.

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

    Dixon's average listing price for 2024-03-01 was $254,059, a difference of $78,962 (45.1%) versus the prior year and $-2,215 versus the prior month.

    For the 2024-03-01 period, Dixon had 32 MLS listings, a difference of -3 listings (-9%) versus the prior month and -6 listings (-16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dixon (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,615 sqft
    2018-02-01 0 days 1,651 sqft
    2018-03-01 0 days 1,624 sqft
    2018-04-01 0 days 1,652 sqft
    2018-05-01 0 days 1,680 sqft
    2018-06-01 0 days 1,670 sqft
    2018-07-01 0 days 1,680 sqft
    2018-08-01 0 days 1,680 sqft
    2018-09-01 0 days 1,716 sqft
    2018-10-01 0 days 1,719 sqft
    2018-11-01 0 days 1,748 sqft
    2018-12-01 0 days 1,680 sqft
    2019-01-01 0 days 1,656 sqft
    2019-02-01 0 days 1,710 sqft
    2019-03-01 0 days 1,711 sqft
    2019-04-01 0 days 1,721 sqft
    2019-05-01 0 days 1,758 sqft
    2019-06-01 0 days 1,757 sqft
    2019-07-01 0 days 1,750 sqft
    2019-08-01 0 days 1,723 sqft
    2019-09-01 0 days 1,668 sqft
    2019-10-01 0 days 1,652 sqft
    2019-11-01 0 days 1,630 sqft
    2019-12-01 0 days 1,547 sqft
    2020-01-01 0 days 1,525 sqft
    2020-02-01 0 days 1,581 sqft
    2020-03-01 0 days 1,728 sqft
    2020-04-01 0 days 1,792 sqft
    2020-05-01 0 days 1,729 sqft
    2020-06-01 0 days 1,806 sqft
    2020-07-01 0 days 1,782 sqft
    2020-08-01 0 days 1,781 sqft
    2020-09-01 0 days 1,812 sqft
    2020-10-01 0 days 1,828 sqft
    2020-11-01 0 days 1,753 sqft
    2020-12-01 0 days 1,627 sqft
    2021-01-01 0 days 1,625 sqft
    2021-02-01 0 days 1,643 sqft
    2021-03-01 0 days 1,634 sqft
    2021-04-01 0 days 1,501 sqft
    2021-05-01 0 days 1,505 sqft
    2021-06-01 0 days 1,524 sqft
    2021-07-01 0 days 1,594 sqft
    2021-08-01 0 days 1,587 sqft
    2021-09-01 0 days 1,582 sqft
    2021-10-01 0 days 1,558 sqft
    2021-11-01 0 days 1,542 sqft
    2021-12-01 0 days 1,541 sqft
    2022-01-01 0 days 1,668 sqft
    2022-02-01 0 days 1,464 sqft
    2022-03-01 0 days 1,495 sqft
    2022-04-01 0 days 1,404 sqft
    2022-05-01 0 days 1,385 sqft
    2022-06-01 0 days 1,624 sqft
    2022-07-01 0 days 1,784 sqft
    2022-08-01 0 days 1,707 sqft
    2022-09-01 0 days 1,620 sqft
    2022-10-01 0 days 1,592 sqft
    2022-11-01 0 days 1,503 sqft
    2022-12-01 0 days 1,374 sqft
    2023-01-01 0 days 1,350 sqft
    2023-02-01 0 days 1,382 sqft
    2023-03-01 0 days 1,451 sqft
    2023-04-01 0 days 1,500 sqft
    2023-05-01 0 days 1,523 sqft
    2023-06-01 0 days 1,519 sqft
    2023-07-01 0 days 1,571 sqft
    2023-08-01 0 days 1,531 sqft
    2023-09-01 0 days 1,776 sqft
    2023-10-01 0 days 1,848 sqft
    2023-11-01 0 days 1,841 sqft
    2023-12-01 0 days 1,726 sqft
    2024-01-01 0 days 1,892 sqft
    2024-02-01 0 days 1,941 sqft
    2024-03-01 0 days 1,924 sqft
    Dixon's median listing age (time on market) for 2024-03-01 was 0 days.

    Dixon's median square footage for active listings during the 2024-03-01 period was 1,924 sqft. One year prior, the average listing was 1,451 sqft.

    Dixon, IL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 238 $37,770,000 $158,697
    Refi 51 $5,605,000 $109,902
    Cash Out Refi 28 $3,000,000 $107,143
    Other 27 $1,875,000 $69,444
    Home Improvement 17 $1,165,000 $68,529

    Dixon's most frequently cited loan purpose was Home Purchase, with 238 originations. The 2nd most popular reason was Refi, with 51 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 128 $20,130,000 $157,266
    7-8% 80 $11,400,000 $142,500
    Over 8% 39 $3,635,000 $93,205
    5-6% 31 $4,605,000 $148,548
    <2.5% 11 $115,000 $10,455
    3-4% 5 $275,000 $55,000
    4-5% 4 $690,000 $172,500

    During 2023, Dixon's most frequently originated rate bucket was 6-7%, with 128 originations.

    Loan Sizing (Dixon, IL MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 149 $21,445,000 $143,926
    $100,000 or less 147 $7,775,000 $52,891
    $200k-400k 57 $16,075,000 $282,018
    $400k-600k 7 $3,425,000 $489,286
    $600k-1000k 1 $695,000 $695,000

    Dixon's loan sizing saw the bucket of loans from $100k-200k with 149 originations, totaling $21,445,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 141 $23,165,000 $164,291
    60-80% 66 $10,290,000 $155,909
    20-40% 34 $2,740,000 $80,588
    Under 20% 29 $605,000 $20,862
    40-60% 26 $2,830,000 $108,846
    Over 100% 5 $1,235,000 $247,000

    Dixon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 141 originations, totaling $23,165,000 in origination value.