Fort Madison - Keokuk Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fort Madison - Keokuk averaged 6.84% for the week of 2025-02-13, compared to the national average of 6.87% for the same period.

The average rate for the prior week (2025-02-06) was 7.06% and one month ago for the week of 2025-01-09, the average rate was 6.8%.

Fort Madison - Keokuk's average rate one year ago was 6.51%.

For refis of the same type during the week of 2025-02-13, the average rate was 6.97%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-02-13 6.87%
Fort Madison - Keokuk 30 Year Fixed Rate 2025-02-13 6.84%
Fort Madison - Keokuk 30 Year Fixed Rate Refi 2025-02-13 6.97%
Fort Madison - Keokuk 15 Year Fixed Rate 2025-02-13 5.89%
Fort Madison - Keokuk 15 Year Fixed Rate Refi 2025-02-13 6.49%
Fort Madison - Keokuk 30 Year FHA 2025-02-13 6.52%
Fort Madison - Keokuk 30 Year FHA Refi 2025-02-13 6.72%
Fort Madison - Keokuk 30 Year USDA 2025-02-13 6.73%
Fort Madison - Keokuk 30 Year USDA Refi 2025-02-13 6.63%
Fort Madison - Keokuk 30 Year VA 2025-02-13 6.43%
Fort Madison - Keokuk 30 Year VA Refi 2025-02-13 6.23%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fort Madison-Keokuk, IA-IL-MO.

Fort Madison - Keokuk 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 Fort Madison-Keokuk, IA-IL-MO 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
United Community Bank 29 6.61% $1,913
Two Rivers Bank & Trust 24 7.02% $1,546
Fortress Bank 14 6.70% $1,938
IOWA BANKERS MORTGAGE CORPORATION 13 6.75% $2,238
QUICKEN LOANS, LLC 11 6.85% $5,236
First Bankers Trust Company 8 6.39% $1,527
Plains Commerce Bank 7 7.34% $2,935
MidWestOne Bank 5 7.08% $2,639
GREENSTATE CREDIT UNION 3 6.67% $1,929
Bank of Springfield 2 6.34% $1,720
Flagstar Bank, FSB 2 7.13% $5,238
Community Mortgage Banc Corporation 2 6.31% $2,350
GERSHMAN INVESTMENT CORP. 1 6.38% $2,891
Heartland Bank and Trust Company 1 7.30% $2,550
Heritage Bank 1 8.00% $6,719
HomeBank 1 7.00% $2,228
I. H. MISSISSIPPI VALLEY CREDIT UNION 1 7.63% $2,585
INB 1 6.13% $2,548
Ixonia Bank 1 6.63% $3,913
NFM, INC. 1 7.50% $3,963
RUHL MORTGAGE, LLC 1 5.99% $0
Servion, Inc. 1 6.38% $4,887
SUN WEST MORTGAGE COMPANY, INC. 1 7.00% $5,214
The Huntington National Bank 1 6.13% $3,824
THOMPSON KANE & COMPANY, LLC 1 7.13% $3,091
USAA Federal Savings Bank 1 7.38% $2,805
Wells Fargo Bank 1 7.63% $3,437
AMERICAN INTERNET MORTGAGE, INC. 1 5.88% $2,780
ZILLOW HOME LOANS, LLC 1 7.00% $7,622
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.63% $7,936
AMERISAVE MORTGAGE CORPORATION 1 6.75% $9,085
Ameris Bank 1 7.13% $3,775
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.50% $5,378
Bank Iowa 1 7.13% $4,412
CHURCHILL MORTGAGE CORPORATION 1 5.50% $4,126
COMMUNITY 1ST CREDIT UNION 1 7.00% $2,456
Credit Union 1 1 5.75% $3,175
DAS Acquisition Company, LLC 1 7.88% $4,170
Deere Employees Credit Union 1 5.63% $2,750
DUPACO COMMUNITY 1 6.38% $3,423

Fort Madison - Keokuk Average Closing Costs & Other Stats

Fort Madison-Keokuk, IA-IL-MO's 40 lenders originated 398 loans during 2023. The total origination value was $49,590,000, with an average loan value of $124,598.

Fort Madison - Keokuk's average closing costs are $3,334.

The top Fort Madison - Keokuk lender as defined by loan originations is United Community Bank, with 29 loans originated. Their average total fees are $1,913, which is $367 higher than the next largest lender, Two Rivers Bank & Trust.

The lowest fee Fort Madison - Keokuk lenders (with over 10 loans originated) are Two Rivers Bank & Trust ($1,546), United Community Bank ($1,913), Fortress Bank ($1,938), IOWA BANKERS MORTGAGE CORPORATION ($2,238) and QUICKEN LOANS, LLC ($5,236).

The lowest rate Fort Madison - Keokuk lenders (with over 10 loans originated) are United Community Bank (6.61%), Fortress Bank (6.70%), IOWA BANKERS MORTGAGE CORPORATION (6.75%), QUICKEN LOANS, LLC (6.85%) and Two Rivers Bank & Trust (7.02%).

Fort Madison-Keokuk, IA-IL-MO 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
United Community Bank $10,710,000 $6,710,000 -37.3% 13.5%
QUICKEN LOANS, LLC $4,955,000 $4,905,000 -1.0% 9.9%
Fortress Bank $3,650,000 $3,890,000 6.6% 7.8%
Two Rivers Bank & Trust $5,780,000 $3,860,000 -33.2% 7.8%
Hills Bank and Trust Company $25,000 $3,685,000 14,640.0% 7.4%
Mortgage Research Center, LLC $2,930,000 $3,170,000 8.2% 6.4%
IOWA BANKERS MORTGAGE CORPORATION $3,240,000 $1,835,000 -43.4% 3.7%
Plains Commerce Bank $4,710,000 $1,665,000 -64.6% 3.4%
MidWestOne Bank $2,470,000 $1,590,000 -35.6% 3.2%
First Bankers Trust Company $1,570,000 $1,265,000 -19.4% 2.6%
ALLIANT $55,000 $980,000 1,681.8% 2.0%
USAA Federal Savings Bank $55,000 $845,000 1,436.4% 1.7%
AMERICAN PACIFIC MORTGAGE CORPORATION $365,000 $835,000 128.8% 1.7%
AMERISAVE MORTGAGE CORPORATION $340,000 $825,000 142.6% 1.7%
MOVEMENT MORTGAGE, LLC $525,000 n/a 1.1%
U.S. Bank $900,000 $485,000 -46.1% 1.0%
Barrington Bank & Trust Company, N.A. $240,000 $460,000 91.7% 0.9%
DAS Acquisition Company, LLC $395,000 $450,000 13.9% 0.9%
Flagstar Bank, FSB $440,000 $445,000 1.1% 0.9%
DUPACO COMMUNITY $110,000 $440,000 300.0% 0.9%
NAVY FEDERAL CREDIT UNION $270,000 $435,000 61.1% 0.9%
GREENSTATE CREDIT UNION $1,240,000 $405,000 -67.3% 0.8%
FLAT BRANCH MORTGAGE, INC. $385,000 n/a 0.8%
Wells Fargo Bank $1,320,000 $380,000 -71.2% 0.8%
Heritage Bank $365,000 n/a 0.7%
CROSSCOUNTRY MORTGAGE, LLC $305,000 $345,000 13.1% 0.7%
The Huntington National Bank $325,000 $335,000 3.1% 0.7%
RUHL MORTGAGE, LLC $895,000 $325,000 -63.7% 0.7%
UNITED WHOLESALE MORTGAGE, LLC $310,000 $320,000 3.2% 0.6%
MidAmerica National Bank $310,000 n/a 0.6%
PENNYMAC LOAN SERVICES, LLC $490,000 $310,000 -36.7% 0.6%
Deere Employees Credit Union $55,000 $290,000 427.3% 0.6%
Community Mortgage Banc Corporation $95,000 $270,000 184.2% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $265,000 n/a 0.5%
FBC MORTGAGE, LLC $235,000 n/a 0.5%
JPMorgan Chase Bank $270,000 $235,000 -13.0% 0.5%
HomeBank $260,000 $225,000 -13.5% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $465,000 $205,000 -55.9% 0.4%
Servion, Inc. $205,000 n/a 0.4%
HOMEXPRESS MORTGAGE CORP. $195,000 n/a 0.4%
Mr. Cooper ( Nationstar Mortgage ) $410,000 $195,000 -52.4% 0.4%
Chickasaw Community Bank $185,000 n/a 0.4%
NEWREZ LLC $485,000 $180,000 -62.9% 0.4%
BAY EQUITY LLC $175,000 n/a 0.4%
ZILLOW HOME LOANS, LLC $165,000 n/a 0.3%
SUN WEST MORTGAGE COMPANY, INC. $150,000 n/a 0.3%
The Central Trust Bank $140,000 n/a 0.3%
Bank Iowa $135,000 n/a 0.3%
RESIDENTIAL MORTGAGE NETWORK, INC. $455,000 $135,000 -70.3% 0.3%
THOMPSON KANE & COMPANY, LLC $135,000 n/a 0.3%
TOWNE MORTGAGE COMPANY $135,000 n/a 0.3%
TRIAD FINANCIAL SERVICES, INC. $135,000 n/a 0.3%
Bank of Springfield $130,000 n/a 0.3%
ROYAL UNITED MORTGAGE LLC $150,000 $130,000 -13.3% 0.3%
Bank of America $125,000 n/a 0.3%
Carrington Mortgage Services, LLC $130,000 $125,000 -3.8% 0.3%
RELIANCE FIRST CAPITAL, LLC $125,000 n/a 0.3%
AMERICAN INTERNET MORTGAGE, INC. $115,000 n/a 0.2%
BROKER SOLUTIONS, INC. $425,000 $115,000 -72.9% 0.2%
CHURCHILL MORTGAGE CORPORATION $205,000 $115,000 -43.9% 0.2%
I. H. MISSISSIPPI VALLEY CREDIT UNION $75,000 $115,000 53.3% 0.2%
LAKEVIEW LOAN SERVICING, LLC $115,000 n/a 0.2%
SENB Bank $115,000 n/a 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $105,000 n/a 0.2%
CARDINAL FINANCIAL $425,000 $105,000 -75.3% 0.2%
Deseret First Credit Union $105,000 n/a 0.2%
COMMUNITY 1ST CREDIT UNION $340,000 $100,000 -70.6% 0.2%
GERSHMAN INVESTMENT CORP. $95,000 n/a 0.2%
LOANDEPOT.COM, LLC $615,000 $95,000 -84.6% 0.2%
GUILD MORTGAGE COMPANY $85,000 n/a 0.2%
Heartland Bank and Trust Company $85,000 n/a 0.2%
MID AMERICA MORTGAGE, INC. $85,000 n/a 0.2%
Credit Union 1 $75,000 n/a 0.2%
Ixonia Bank $75,000 n/a 0.2%
NFM, INC. $75,000 n/a 0.2%
Ameris Bank $55,000 n/a 0.1%
INB $235,000 $55,000 -76.6% 0.1%
M&T Bank $55,000 n/a 0.1%
Coastal Community Bank $50,000 n/a 0.1%
Community Choice Credit Union $55,000 $45,000 -18.2% 0.1%
PEOPLES BANK & TRUST CO. $1,140,000 $45,000 -96.1% 0.1%
ALTRA $35,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $35,000 n/a 0.1%
GREATER IOWA CREDIT UNION $35,000 n/a 0.1%

Fort Madison - Keokuk's top lender by overall market share is United Community Bank, with 13.5% market share. In second place, with 9.9%, is QUICKEN LOANS, LLC, having originated $4,905,000 in loans. In third place, with 7.8%, is Fortress Bank, having originated $3,890,000 in loans. In fourth place, with 7.8%, is Two Rivers Bank & Trust, having originated $3,860,000 in loans. In fifth place, with 7.4%, is Hills Bank and Trust Company, having originated $3,685,000 in loans.


Fort Madison - Keokuk Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Fort Madison - Keokuk (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 $90,725 (2.0%) $137,107 (12.9%) 0.00 108
2018-02-01 $98,000 (10.8%) $147,118 (23.4%) 0.00 96
2018-03-01 $99,250 (1.8%) $146,154 (16.0%) 0.00 109
2018-04-01 $92,350 (-16.8%) $146,243 (11.2%) 0.00 114
2018-05-01 $92,475 (-11.9%) $141,633 (11.0%) 0.00 138
2018-06-01 $107,450 (1.9%) $149,262 (14.9%) 0.00 138
2018-07-01 $111,125 (5.9%) $145,169 (14.2%) 0.00 151
2018-08-01 $115,225 (16.9%) $142,664 (11.9%) 0.00 153
2018-09-01 $114,000 (18.0%) $139,019 (10.6%) 0.00 156
2018-10-01 $112,000 (9.1%) $133,992 (-1.4%) 0.00 145
2018-11-01 $113,725 (13.8%) $142,422 (2.0%) 0.00 132
2018-12-01 $112,900 (26.5%) $148,914 (11.3%) 0.00 113
2019-01-01 $114,000 (25.7%) $147,324 (7.5%) 0.00 107
2019-02-01 $114,825 (17.2%) $151,522 (3.0%) 0.00 99
2019-03-01 $117,511 (18.4%) $151,631 (3.8%) 0.00 98
2019-04-01 $118,386 (28.2%) $153,406 (4.9%) 0.00 101
2019-05-01 $115,688 (25.1%) $158,610 (12.0%) 0.00 103
2019-06-01 $114,900 (6.9%) $160,711 (7.7%) 0.00 102
2019-07-01 $109,500 (-1.5%) $155,556 (7.2%) 0.00 110
2019-08-01 $112,727 (-2.2%) $155,906 (9.3%) 0.00 109
2019-09-01 $116,818 (2.5%) $156,805 (12.8%) 0.00 111
2019-10-01 $121,250 (8.3%) $157,968 (17.9%) 0.00 112
2019-11-01 $119,450 (5.0%) $155,512 (9.2%) 0.00 114
2019-12-01 $101,700 (-9.9%) $141,895 (-4.7%) 0.00 118
2020-01-01 $99,700 (-12.5%) $138,113 (-6.3%) 0.00 126
2020-02-01 $99,900 (-13.0%) $137,185 (-9.5%) 0.00 117
2020-03-01 $103,450 (-12.0%) $142,656 (-5.9%) 0.00 105
2020-04-01 $99,800 (-15.7%) $142,204 (-7.3%) 0.00 109
2020-05-01 $104,000 (-10.1%) $147,062 (-7.3%) 0.00 103
2020-06-01 $110,500 (-3.8%) $144,898 (-9.8%) 0.00 109
2020-07-01 $115,200 (5.2%) $143,447 (-7.8%) 0.00 109
2020-08-01 $123,950 (10.0%) $149,802 (-3.9%) 0.00 112
2020-09-01 $117,200 (0.3%) $146,095 (-6.8%) 0.00 113
2020-10-01 $114,750 (-5.4%) $151,110 (-4.3%) 0.00 117
2020-11-01 $119,075 (-0.3%) $166,574 (7.1%) 0.00 99
2020-12-01 $119,000 (17.0%) $168,052 (18.4%) 0.00 84
2021-01-01 $109,900 (10.2%) $152,086 (10.1%) 0.00 76
2021-02-01 $107,225 (7.3%) $157,033 (14.5%) 0.00 71
2021-03-01 $115,950 (12.1%) $159,756 (12.0%) 0.00 65
2021-04-01 $96,000 (-3.8%) $142,598 (0.3%) 0.00 67
2021-05-01 $92,900 (-10.7%) $128,760 (-12.5%) 0.00 81
2021-06-01 $88,875 (-19.6%) $120,838 (-16.6%) 0.00 88
2021-07-01 $88,500 (-23.2%) $124,134 (-13.5%) 0.00 95
2021-08-01 $97,650 (-21.2%) $136,627 (-8.8%) 0.00 103
2021-09-01 $94,100 (-19.7%) $128,378 (-12.1%) 0.00 96
2021-10-01 $92,900 (-19.0%) $132,024 (-12.6%) 0.00 97
2021-11-01 $81,225 (-31.8%) $112,797 (-32.3%) 0.00 91
2021-12-01 $83,950 (-29.5%) $115,670 (-31.2%) 0.00 83
2022-01-01 $85,000 (-22.7%) $105,836 (-30.4%) 0.00 72
2022-02-01 $92,725 (-13.5%) $124,872 (-20.5%) 0.00 61
2022-03-01 $116,750 (0.7%) $146,167 (-8.5%) 0.00 63
2022-04-01 $133,750 (39.3%) $170,213 (19.4%) 0.00 63
2022-05-01 $144,625 (55.7%) $169,363 (31.5%) 0.00 73
2022-06-01 $147,625 (66.1%) $180,175 (49.1%) 0.00 84
2022-07-01 $134,000 (51.4%) $172,797 (39.2%) 0.00 89
2022-08-01 $135,350 (38.6%) $175,584 (28.5%) 0.00 73
2022-09-01 $128,225 (36.3%) $160,488 (25.0%) 0.00 73
2022-10-01 $129,900 (39.8%) $163,488 (23.8%) 0.00 74
2022-11-01 $122,325 (50.6%) $140,094 (24.2%) 0.00 87
2022-12-01 $117,500 (40.0%) $128,536 (11.1%) 0.00 82
2023-01-01 $117,950 (38.8%) $141,861 (34.0%) 0.00 72
2023-02-01 $123,700 (33.4%) $148,075 (18.6%) 0.00 66
2023-03-01 $133,450 (14.3%) $171,270 (17.2%) 0.00 58
2023-04-01 $131,400 (-1.8%) $173,610 (2.0%) 0.00 56
2023-05-01 $134,500 (-7.0%) $168,393 (-0.6%) 0.00 55
2023-06-01 $114,950 (-22.1%) $147,171 (-18.3%) 0.00 56
2023-07-01 $111,250 (-17.0%) $148,511 (-14.1%) 0.00 49
2023-08-01 $125,000 (-7.7%) $160,786 (-8.4%) 0.00 50
2023-09-01 $124,950 (-2.6%) $172,622 (7.6%) 0.00 51
2023-10-01 $123,380 (-5.0%) $167,939 (2.7%) 0.00 57
2023-11-01 $124,225 (1.6%) $166,200 (18.6%) 0.00 60
2023-12-01 $121,950 (3.8%) $165,725 (28.9%) 0.00 53
2024-01-01 $123,700 (4.9%) $173,410 (22.2%) 0.00 56
2024-02-01 $134,075 (8.4%) $172,772 (16.7%) 0.00 54
2024-03-01 $132,450 (-0.8%) $164,031 (-4.2%) 0.00 61
2024-04-01 $128,517 (-2.2%) $156,536 (-9.8%) 0.00 62
2024-05-01 $128,675 (-4.3%) $171,377 (1.8%) 0.00 76
2024-06-01 $125,000 (8.7%) $168,752 (14.7%) 0.00 81
2024-07-01 $136,750 (22.9%) $171,033 (15.2%) 0.00 75
2024-08-01 $137,500 (10.0%) $181,360 (12.8%) 0.00 76
2024-09-01 $133,225 (6.6%) $178,773 (3.6%) 0.00 77
2024-10-01 $136,000 (10.2%) $175,498 (4.5%) 0.00 106
2024-11-01 $124,900 (0.5%) $176,966 (6.5%) 0.00 101
2024-12-01 $131,150 (7.5%) $168,839 (1.9%) 0.00 98
2025-01-01 $129,900 (5.0%) $168,707 (-2.7%) 0.00 91
Fort Madison - Keokuk's median listing price for 2025-01-01 was $129,900, a difference of $6,200 (5.0%) versus the prior year and $-1,250 versus the prior month.

Fort Madison - Keokuk's median listing price comes in at 0% of the national average.

Fort Madison - Keokuk's average listing price for 2025-01-01 was $168,707, a difference of $-4,703 (-2.7%) versus the prior year and $-132 versus the prior month.

For the 2025-01-01 period, Fort Madison - Keokuk had 91 MLS listings, a difference of -7 listings (-7%) versus the prior month and 35 listings (63%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Fort Madison - Keokuk (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,627 sqft
2018-02-01 0 days 1,643 sqft
2018-03-01 0 days 1,572 sqft
2018-04-01 0 days 1,515 sqft
2018-05-01 0 days 1,500 sqft
2018-06-01 0 days 1,517 sqft
2018-07-01 0 days 1,510 sqft
2018-08-01 0 days 1,522 sqft
2018-09-01 0 days 1,511 sqft
2018-10-01 0 days 1,475 sqft
2018-11-01 0 days 1,500 sqft
2018-12-01 0 days 1,500 sqft
2019-01-01 0 days 1,437 sqft
2019-02-01 0 days 1,447 sqft
2019-03-01 0 days 1,509 sqft
2019-04-01 0 days 1,513 sqft
2019-05-01 0 days 1,455 sqft
2019-06-01 0 days 1,502 sqft
2019-07-01 0 days 1,550 sqft
2019-08-01 0 days 1,525 sqft
2019-09-01 0 days 1,498 sqft
2019-10-01 0 days 1,506 sqft
2019-11-01 0 days 1,491 sqft
2019-12-01 0 days 1,422 sqft
2020-01-01 0 days 1,879 sqft
2020-02-01 0 days 1,444 sqft
2020-03-01 0 days 1,425 sqft
2020-04-01 0 days 1,424 sqft
2020-05-01 0 days 1,428 sqft
2020-06-01 0 days 1,407 sqft
2020-07-01 0 days 1,442 sqft
2020-08-01 0 days 1,463 sqft
2020-09-01 0 days 1,440 sqft
2020-10-01 0 days 1,400 sqft
2020-11-01 0 days 1,476 sqft
2020-12-01 0 days 1,557 sqft
2021-01-01 0 days 1,461 sqft
2021-02-01 0 days 1,496 sqft
2021-03-01 0 days 1,564 sqft
2021-04-01 0 days 1,387 sqft
2021-05-01 0 days 1,472 sqft
2021-06-01 0 days 1,440 sqft
2021-07-01 0 days 1,456 sqft
2021-08-01 0 days 1,542 sqft
2021-09-01 0 days 1,585 sqft
2021-10-01 0 days 1,585 sqft
2021-11-01 0 days 1,428 sqft
2021-12-01 0 days 1,421 sqft
2022-01-01 0 days 1,446 sqft
2022-02-01 0 days 1,502 sqft
2022-03-01 0 days 1,637 sqft
2022-04-01 0 days 1,635 sqft
2022-05-01 0 days 1,532 sqft
2022-06-01 0 days 1,526 sqft
2022-07-01 0 days 1,404 sqft
2022-08-01 0 days 1,409 sqft
2022-09-01 0 days 1,334 sqft
2022-10-01 0 days 1,404 sqft
2022-11-01 0 days 1,454 sqft
2022-12-01 0 days 1,477 sqft
2023-01-01 0 days 1,478 sqft
2023-02-01 0 days 1,482 sqft
2023-03-01 0 days 1,571 sqft
2023-04-01 0 days 1,489 sqft
2023-05-01 0 days 1,423 sqft
2023-06-01 0 days 1,403 sqft
2023-07-01 0 days 1,403 sqft
2023-08-01 0 days 1,466 sqft
2023-09-01 0 days 1,379 sqft
2023-10-01 0 days 1,371 sqft
2023-11-01 0 days 1,489 sqft
2023-12-01 0 days 1,474 sqft
2024-01-01 0 days 1,465 sqft
2024-02-01 0 days 1,447 sqft
2024-03-01 0 days 1,436 sqft
2024-04-01 0 days 1,376 sqft
2024-05-01 0 days 1,423 sqft
2024-06-01 0 days 1,427 sqft
2024-07-01 0 days 1,496 sqft
2024-08-01 0 days 1,503 sqft
2024-09-01 0 days 1,496 sqft
2024-10-01 0 days 1,533 sqft
2024-11-01 0 days 1,484 sqft
2024-12-01 0 days 1,540 sqft
2025-01-01 0 days 1,443 sqft
Fort Madison - Keokuk's median listing age (time on market) for 2025-01-01 was 0 days.

Fort Madison - Keokuk's median square footage for active listings during the 2025-01-01 period was 1,443 sqft. One year prior, the average listing was 1,465 sqft.

Fort Madison-Keokuk, IA-IL-MO Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 264 $38,340,000 $145,227
Refi 54 $4,790,000 $88,704
Cash Out Refi 36 $4,780,000 $132,778
Home Improvement 23 $765,000 $33,261
Other 21 $915,000 $43,571

Fort Madison - Keokuk's most frequently cited loan purpose was Home Purchase, with 264 originations. The 2nd most popular reason was Refi, with 54 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 187 $26,375,000 $141,043
7-8% 96 $11,480,000 $119,583
5-6% 70 $8,620,000 $123,143
Over 8% 18 $900,000 $50,000
4-5% 13 $715,000 $55,000
<2.5% 1 $45,000 $45,000

During 2023, Fort Madison - Keokuk's most frequently originated rate bucket was 6-7%, with 187 originations.

Loan Sizing (Fort Madison-Keokuk, IA-IL-MO MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 203 $11,595,000 $57,118
$100k-200k 138 $19,140,000 $138,696
$200k-400k 53 $13,755,000 $259,528
$400k-600k 3 $1,415,000 $471,667
$Over $1MM 1 $3,685,000 $3,685,000

Fort Madison - Keokuk's loan sizing saw the bucket of loans from $100,000 or less with 203 originations, totaling $11,595,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 215 $29,305,000 $136,302
60-80% 79 $13,585,000 $171,962
20-40% 39 $1,825,000 $46,795
Under 20% 31 $855,000 $27,581
40-60% 19 $1,905,000 $100,263
Over 100% 2 $480,000 $240,000

Fort Madison - Keokuk's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 215 originations, totaling $29,305,000 in origination value.