Dodge City 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 Dodge City averaged 6.73% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.81% and one month ago for the week of 2023-02-16, the average rate was 6.63%.

    Dodge City's average rate one year ago was 3.6%.

    For refis of the same type during the week of 2023-03-23, the average rate was 6.64%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Dodge City 30 Year Fixed Rate 2023-03-23 6.73%
    Dodge City 30 Year Fixed Rate Refi 2023-03-23 6.64%
    Dodge City 15 Year Fixed Rate 2023-03-23 6.35%
    Dodge City 15 Year Fixed Rate Refi 2023-03-23 5.79%
    Dodge City 30 Year FHA 2023-03-23 6.05%
    Dodge City 30 Year FHA Refi 2023-03-23 6.43%
    Dodge City 30 Year USDA 2023-03-23 6.26%
    Dodge City 30 Year USDA Refi 2023-03-23 6.02%
    Dodge City 30 Year VA 2023-03-23 6.3%
    Dodge City 30 Year VA Refi 2023-03-23 5.77%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Dodge City, KS.

    Dodge City 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 Dodge City, KS 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Landmark National Bank 55 4.85% $2,496
    Wells Fargo Bank 34 4.75% $2,828
    QUICKEN LOANS, LLC 14 5.04% $5,695
    GOLDEN PLAINS 8 5.23% $1,445
    UNION HOME MORTGAGE CORP. 5 4.95% $3,765
    FREEDOM MORTGAGE CORPORATION 5 5.60% $5,237
    Bank of the West 5 4.88% $3,575
    Sunflower Bank 5 4.78% $3,741
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 5.29% $4,208
    Gateway First Bank 3 4.83% $2,612
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.44% $3,863
    LOANDEPOT.COM, LLC 2 4.31% $4,707
    Mortgage Investment Services Corporation 2 6.25% $3,557
    SOFI LENDING CORP. 1 3.88% $6,975
    The Huntington National Bank 1 5.63% $1,629
    UNITED WHOLESALE MORTGAGE, LLC 1 6.50% $1,617
    U.S. Bank 1 6.13% $2,270
    LIBERTY HOME MORTGAGE CORPORATION 1 5.88% $7,853
    Bank of America 1 4.63% $11,749
    Carrington Mortgage Services, LLC 1 3.50% $4,908
    Colonial Savings, F.A. 1 5.38% $5,067
    Commerce Bank 1 4.25% $2,454
    Deere Employees Credit Union 1 4.99% $2,347
    FLAT BRANCH MORTGAGE, INC. 1 5.38% $3,044
    GUARANTEED RATE, INC. 1 5.75% $5,402
    LAKEVIEW LOAN SERVICING, LLC 1 3.50% $5,744
    LEADERONE FINANCIAL CORPORATION 1 4.63% $2,477
    21ST MORTGAGE CORPORATION 1 6.75% $6,223
    NFM, INC. 1 5.63% $5,277
    ROYAL UNITED MORTGAGE LLC 1 6.63% $7,381

    Dodge City Average Closing Costs & Other Stats

    Dodge City, KS's 30 lenders originated 373 loans during 2022. The total origination value was $64,655,000, with an average loan value of $173,338.

    Dodge City's average closing costs are $3,553.

    The top Dodge City lender as defined by loan originations is Landmark National Bank, with 55 loans originated. Their average total fees are $2,496, which is $332 lower than the next largest lender, Wells Fargo Bank.

    The lowest fee Dodge City lenders (with over 10 loans originated) are Landmark National Bank ($2,496), Wells Fargo Bank ($2,828), QUICKEN LOANS, LLC ($5,695), .

    The lowest rate Dodge City lenders (with over 10 loans originated) are Wells Fargo Bank (4.75%), Landmark National Bank (4.85%), QUICKEN LOANS, LLC (5.04%), .

    Dodge City, KS 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    Landmark National Bank $30,440,000 $22,135,000 -27.3% 34.2%
    Wells Fargo Bank $7,910,000 $8,160,000 3.2% 12.6%
    QUICKEN LOANS, LLC $8,570,000 $6,115,000 -28.6% 9.5%
    GOLDEN PLAINS $6,070,000 $2,550,000 -58.0% 3.9%
    Gateway First Bank $1,005,000 $2,070,000 106.0% 3.2%
    Midwest Bank $1,885,000 n/a 2.9%
    Sunflower Bank $5,110,000 $1,705,000 -66.6% 2.6%
    GUARANTEED RATE, INC. $1,420,000 $1,550,000 9.2% 2.4%
    FREEDOM MORTGAGE CORPORATION $1,885,000 $1,460,000 -22.5% 2.3%
    UNION HOME MORTGAGE CORP. $2,700,000 $1,390,000 -48.5% 2.1%
    Mortgage Investment Services Corporation $2,695,000 $1,325,000 -50.8% 2.0%
    Bank of the West $1,755,000 $1,230,000 -29.9% 1.9%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,080,000 $1,160,000 7.4% 1.8%
    Members Mortgage Services, L.L.C. $1,065,000 $1,115,000 4.7% 1.7%
    Mortgage Research Center, LLC $660,000 $1,080,000 63.6% 1.7%
    LOANDEPOT.COM, LLC $580,000 $1,005,000 73.3% 1.6%
    Bank of America $515,000 $655,000 27.2% 1.0%
    FLAT BRANCH MORTGAGE, INC. $555,000 n/a 0.9%
    BROKER SOLUTIONS, INC. $500,000 $470,000 -6.0% 0.7%
    NEW DAY FINANCIAL, LLC $155,000 $470,000 203.2% 0.7%
    U.S. Bank $1,125,000 $430,000 -61.8% 0.7%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $400,000 n/a 0.6%
    UNITED WHOLESALE MORTGAGE, LLC $760,000 $400,000 -47.4% 0.6%
    LIMA ONE CAPITAL, LLC $360,000 n/a 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $735,000 $280,000 -61.9% 0.4%
    PNC Bank $280,000 n/a 0.4%
    Colonial Savings, F.A. $155,000 $275,000 77.4% 0.4%
    AMERICAN FINANCING CORPORATION $270,000 n/a 0.4%
    Deere Employees Credit Union $255,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $835,000 $245,000 -70.7% 0.4%
    Flagstar Bank, FSB $245,000 n/a 0.4%
    GNBank $555,000 $240,000 -56.8% 0.4%
    SOFI LENDING CORP. $235,000 n/a 0.4%
    LEADERONE FINANCIAL CORPORATION $755,000 $230,000 -69.5% 0.4%
    EMBRACE HOME LOANS, INC. $185,000 n/a 0.3%
    Peoples Bank $185,000 n/a 0.3%
    Commerce Bank $175,000 n/a 0.3%
    PENNYMAC LOAN SERVICES, LLC $1,365,000 $170,000 -87.5% 0.3%
    LIBERTY HOME MORTGAGE CORPORATION $165,000 n/a 0.3%
    21ST MORTGAGE CORPORATION $140,000 $155,000 10.7% 0.2%
    CALIBER HOME LOANS, INC. $365,000 $155,000 -57.5% 0.2%
    GERSHMAN INVESTMENT CORP. $155,000 n/a 0.2%
    NEWREZ LLC $235,000 $155,000 -34.0% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $240,000 $135,000 -43.8% 0.2%
    NFM, INC. $135,000 n/a 0.2%
    JPMorgan Chase Bank $500,000 $105,000 -79.0% 0.2%
    The Huntington National Bank $105,000 n/a 0.2%
    PHH Mortgage Corporation $95,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $95,000 n/a 0.1%
    Carrington Mortgage Services, LLC $220,000 $85,000 -61.4% 0.1%
    Discover Bank $85,000 $85,000 0.0% 0.1%
    United Fidelity Funding Corp. $95,000 $85,000 -10.5% 0.1%

    Dodge City's top lender by overall market share is Landmark National Bank, with 34.2% market share. In second place, with 12.6%, is Wells Fargo Bank, having originated $8,160,000 in loans. In third place, with 9.5%, is QUICKEN LOANS, LLC, having originated $6,115,000 in loans. In fourth place, with 3.9%, is GOLDEN PLAINS, having originated $2,550,000 in loans. In fifth place, with 3.2%, is Gateway First Bank, having originated $2,070,000 in loans.

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

    Realtor.com - Dodge City (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 $141,225 (-5.8%) $159,133 (-6.3%) 0.00 69
    2018-02-01 $145,000 (-10.6%) $166,048 (-7.3%) 0.00 79
    2018-03-01 $149,900 (-7.8%) $174,922 (-3.2%) 0.00 75
    2018-04-01 $149,950 (-1.7%) $177,772 (3.7%) 0.00 83
    2018-05-01 $152,225 (-2.7%) $178,087 (1.1%) 0.00 89
    2018-06-01 $152,000 (-7.1%) $176,032 (-1.2%) 0.00 87
    2018-07-01 $163,675 (2.4%) $179,295 (0.5%) 0.00 81
    2018-08-01 $167,975 (6.8%) $179,559 (1.5%) 0.00 76
    2018-09-01 $156,789 (4.9%) $173,953 (-0.3%) 0.00 77
    2018-10-01 $154,800 (2.5%) $181,380 (4.8%) 0.00 78
    2018-11-01 $154,750 (3.9%) $189,713 (10.0%) 0.00 78
    2018-12-01 $159,900 (10.4%) $186,023 (9.1%) 0.00 78
    2019-01-01 $149,925 (6.2%) $181,867 (14.3%) 0.00 83
    2019-02-01 $154,925 (6.8%) $179,956 (8.4%) 0.00 89
    2019-03-01 $156,021 (4.1%) $175,596 (0.4%) 0.00 86
    2019-04-01 $159,675 (6.5%) $177,533 (-0.1%) 0.00 86
    2019-05-01 $161,200 (5.9%) $181,739 (2.1%) 0.00 91
    2019-06-01 $159,450 (4.9%) $179,509 (2.0%) 0.00 99
    2019-07-01 $158,000 (-3.5%) $178,835 (-0.3%) 0.00 107
    2019-08-01 $158,464 (-5.7%) $180,908 (0.8%) 0.00 104
    2019-09-01 $159,159 (1.5%) $182,413 (4.9%) 0.00 100
    2019-10-01 $159,523 (3.1%) $181,794 (0.2%) 0.00 95
    2019-11-01 $153,500 (-0.8%) $177,308 (-6.5%) 0.00 93
    2019-12-01 $151,500 (-5.3%) $181,309 (-2.5%) 0.00 81
    2020-01-01 $150,450 (0.4%) $170,363 (-6.3%) 0.00 74
    2020-02-01 $145,400 (-6.2%) $174,212 (-3.2%) 0.00 66
    2020-03-01 $159,500 (2.2%) $186,923 (6.5%) 0.00 48
    2020-04-01 $165,625 (3.7%) $190,202 (7.1%) 0.00 43
    2020-05-01 $142,450 (-11.6%) $193,546 (6.5%) 0.00 36
    2020-06-01 $158,225 (-0.8%) $207,613 (15.7%) 0.00 34
    2020-07-01 $150,475 (-4.8%) $208,502 (16.6%) 0.00 32
    2020-08-01 $139,900 (-11.7%) $237,719 (31.4%) 0.00 30
    2020-09-01 $135,950 (-14.6%) $213,489 (17.0%) 0.00 31
    2020-10-01 $156,500 (-1.9%) $217,868 (19.8%) 0.00 27
    2020-11-01 $141,225 (-8.0%) $215,267 (21.4%) 0.00 35
    2020-12-01 $143,675 (-5.2%) $214,502 (18.3%) 0.00 30
    2021-01-01 $154,250 (2.5%) $209,364 (22.9%) 0.00 33
    2021-02-01 $142,050 (-2.3%) $210,733 (21.0%) 0.00 27
    2021-03-01 $128,125 (-19.7%) $184,211 (-1.5%) 0.00 24
    2021-04-01 $138,575 (-16.3%) $195,469 (2.8%) 0.00 22
    2021-05-01 $149,500 (5.0%) $238,553 (23.3%) 0.00 15
    2021-06-01 $224,450 (41.9%) $259,214 (24.9%) 0.00 13
    2021-07-01 $242,000 (60.8%) $248,306 (19.1%) 0.00 16
    2021-08-01 $187,450 (34.0%) $241,908 (1.8%) 0.00 19
    2021-09-01 $158,550 (16.6%) $237,373 (11.2%) 0.00 15
    2021-10-01 $159,900 (2.2%) $218,894 (0.5%) 0.00 16
    2021-11-01 $166,250 (17.7%) $212,997 (-1.1%) 0.00 15
    2021-12-01 $159,900 (11.3%) $215,547 (0.5%) 0.00 14
    2022-01-01 $142,500 (-7.6%) $192,700 (-8.0%) 0.00 16
    2022-02-01 $153,225 (7.9%) $198,613 (-5.8%) 0.00 17
    2022-03-01 $156,175 (21.9%) $205,187 (11.4%) 0.00 16
    2022-04-01 $183,900 (32.7%) $185,159 (-5.3%) 0.00 20
    2022-05-01 $250,750 (67.7%) $278,668 (16.8%) 0.00 20
    2022-06-01 $303,500 (35.2%) $289,757 (11.8%) 0.00 25
    2022-07-01 $279,000 (15.3%) $280,326 (12.9%) 0.00 39
    2022-08-01 $314,725 (67.9%) $308,634 (27.6%) 0.00 32
    2022-09-01 $283,000 (78.5%) $302,888 (27.6%) 0.00 37
    2022-10-01 $260,000 (62.6%) $309,762 (41.5%) 0.00 40
    2022-11-01 $282,375 (69.9%) $323,406 (51.8%) 0.00 46
    2022-12-01 $285,000 (78.2%) $317,229 (47.2%) 0.00 42
    2023-01-01 $279,100 (95.9%) $307,047 (59.3%) 0.00 38
    2023-02-01 $286,499 (87.0%) $332,579 (67.5%) 0.00 32
    Dodge City's median listing price for 2023-02-01 was $286,499, a difference of $133,274 (87.0%) versus the prior year and $7,399 versus the prior month.

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

    Dodge City's average listing price for 2023-02-01 was $332,579, a difference of $133,966 (67.5%) versus the prior year and $25,532 versus the prior month.

    For the 2023-02-01 period, Dodge City had 32 MLS listings, a difference of -6 listings (-16%) versus the prior month and 15 listings (88%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Dodge City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,458 sqft
    2018-02-01 0 days 1,457 sqft
    2018-03-01 0 days 1,457 sqft
    2018-04-01 0 days 1,432 sqft
    2018-05-01 0 days 1,458 sqft
    2018-06-01 0 days 1,448 sqft
    2018-07-01 0 days 1,450 sqft
    2018-08-01 0 days 1,459 sqft
    2018-09-01 0 days 1,476 sqft
    2018-10-01 0 days 1,471 sqft
    2018-11-01 0 days 1,476 sqft
    2018-12-01 0 days 1,476 sqft
    2019-01-01 0 days 1,472 sqft
    2019-02-01 0 days 1,477 sqft
    2019-03-01 0 days 1,471 sqft
    2019-04-01 0 days 1,480 sqft
    2019-05-01 0 days 1,458 sqft
    2019-06-01 0 days 1,467 sqft
    2019-07-01 0 days 1,431 sqft
    2019-08-01 0 days 1,454 sqft
    2019-09-01 0 days 1,471 sqft
    2019-10-01 0 days 1,462 sqft
    2019-11-01 0 days 1,438 sqft
    2019-12-01 0 days 1,431 sqft
    2020-01-01 0 days 1,437 sqft
    2020-02-01 0 days 1,455 sqft
    2020-03-01 0 days 1,468 sqft
    2020-04-01 0 days 1,413 sqft
    2020-05-01 0 days 1,394 sqft
    2020-06-01 0 days 1,444 sqft
    2020-07-01 0 days 1,414 sqft
    2020-08-01 0 days 1,448 sqft
    2020-09-01 0 days 1,448 sqft
    2020-10-01 0 days 1,520 sqft
    2020-11-01 0 days 1,468 sqft
    2020-12-01 0 days 1,453 sqft
    2021-01-01 0 days 1,458 sqft
    2021-02-01 0 days 1,453 sqft
    2021-03-01 0 days 1,423 sqft
    2021-04-01 0 days 1,374 sqft
    2021-05-01 0 days 1,463 sqft
    2021-06-01 0 days 1,417 sqft
    2021-07-01 0 days 1,732 sqft
    2021-08-01 0 days 1,353 sqft
    2021-09-01 0 days 1,225 sqft
    2021-10-01 0 days 1,458 sqft
    2021-11-01 0 days 1,568 sqft
    2021-12-01 0 days 1,453 sqft
    2022-01-01 0 days 1,256 sqft
    2022-02-01 0 days 1,255 sqft
    2022-03-01 0 days 1,260 sqft
    2022-04-01 0 days 1,289 sqft
    2022-05-01 0 days 1,558 sqft
    2022-06-01 0 days 1,516 sqft
    2022-07-01 0 days 1,524 sqft
    2022-08-01 0 days 1,660 sqft
    2022-09-01 0 days 1,594 sqft
    2022-10-01 0 days 1,572 sqft
    2022-11-01 0 days 1,532 sqft
    2022-12-01 0 days 1,538 sqft
    2023-01-01 0 days 1,562 sqft
    2023-02-01 0 days 1,601 sqft
    Dodge City's median listing age (time on market) for 2023-02-01 was 0 days.

    Dodge City's median square footage for active listings during the 2023-02-01 period was 1,601 sqft. One year prior, the average listing was 1,255 sqft.

    Dodge City, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 266 $51,790,000 $194,699
    Cash Out Refi 56 $7,900,000 $141,071
    Refi 32 $4,080,000 $127,500
    Other 10 $550,000 $55,000
    Home Improvement 9 $335,000 $37,222

    Dodge City's most frequently cited loan purpose was Home Purchase, with 266 originations. The 2nd most popular reason was Cash Out Refi, with 56 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 110 $18,850,000 $171,364
    4-5% 91 $15,395,000 $169,176
    3-4% 74 $13,200,000 $178,378
    6-7% 48 $7,900,000 $164,583
    2.5-3% 25 $3,915,000 $156,600
    7-8% 10 $1,690,000 $169,000
    Over 8% 5 $495,000 $99,000
    <2.5% 5 $1,085,000 $217,000

    During 2022, Dodge City's most frequently originated rate bucket was 5-6%, with 110 originations.

    Loan Sizing (Dodge City, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 171 $25,695,000 $150,263
    $200k-400k 111 $28,675,000 $258,333
    $100,000 or less 84 $5,420,000 $64,524
    $400k-600k 6 $2,980,000 $496,667
    $Over $1MM 1 $1,885,000 $1,885,000

    Dodge City's loan sizing saw the bucket of loans from $100k-200k with 171 originations, totaling $25,695,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 214 $42,560,000 $198,879
    60-80% 102 $15,230,000 $149,314
    40-60% 22 $2,750,000 $125,000
    20-40% 15 $1,245,000 $83,000
    Under 20% 13 $275,000 $21,154
    Over 100% 1 $245,000 $245,000

    Dodge City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 214 originations, totaling $42,560,000 in origination value.