Fort Madison - Keokuk 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 Fort Madison - Keokuk averaged 6.77% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.56% and one month ago for the week of 2024-11-07, the average rate was 6.66%.

    Fort Madison - Keokuk's average rate one year ago was 7.2%.

    For refis of the same type during the week of 2024-12-12, the average rate was 7.1%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Fort Madison - Keokuk 30 Year Fixed Rate 2024-12-12 6.77%
    Fort Madison - Keokuk 30 Year Fixed Rate Refi 2024-12-12 7.1%
    Fort Madison - Keokuk 15 Year Fixed Rate 2024-12-12 5.64%
    Fort Madison - Keokuk 15 Year Fixed Rate Refi 2024-12-12 6.14%
    Fort Madison - Keokuk 30 Year FHA 2024-12-12 6.08%
    Fort Madison - Keokuk 30 Year FHA Refi 2024-12-12 6.38%
    Fort Madison - Keokuk 30 Year USDA 2024-12-12 6.2%
    Fort Madison - Keokuk 30 Year USDA Refi 2024-12-12 6.2%
    Fort Madison - Keokuk 30 Year VA 2024-12-12 6.28%
    Fort Madison - Keokuk 30 Year VA Refi 2024-12-12 6.28%
    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 $89,375 (-3.1%) $123,634 (-0.5%) 0.00 193
    2018-02-01 $99,000 (6.2%) $133,959 (7.5%) 0.00 179
    2018-03-01 $99,000 (-5.3%) $134,282 (6.4%) 0.00 182
    2018-04-01 $96,750 (-12.8%) $132,405 (4.6%) 0.00 198
    2018-05-01 $94,750 (-9.2%) $130,902 (5.5%) 0.00 227
    2018-06-01 $95,750 (-9.9%) $132,213 (4.9%) 0.00 261
    2018-07-01 $98,125 (-6.5%) $130,527 (5.6%) 0.00 288
    2018-08-01 $106,250 (9.1%) $131,349 (7.2%) 0.00 287
    2018-09-01 $105,900 (14.5%) $128,840 (5.5%) 0.00 285
    2018-10-01 $106,700 (18.7%) $127,862 (1.2%) 0.00 273
    2018-11-01 $106,275 (14.2%) $129,844 (2.3%) 0.00 249
    2018-12-01 $99,900 (16.2%) $129,715 (6.0%) 0.00 232
    2019-01-01 $99,900 (11.8%) $125,943 (1.9%) 0.00 218
    2019-02-01 $99,900 (0.9%) $129,066 (-3.7%) 0.00 199
    2019-03-01 $109,196 (10.3%) $132,503 (-1.3%) 0.00 202
    2019-04-01 $106,038 (9.6%) $132,258 (-0.1%) 0.00 210
    2019-05-01 $109,450 (15.5%) $137,283 (4.9%) 0.00 207
    2019-06-01 $109,000 (13.8%) $138,645 (4.9%) 0.00 207
    2019-07-01 $107,450 (9.5%) $138,444 (6.1%) 0.00 223
    2019-08-01 $104,509 (-1.6%) $136,259 (3.7%) 0.00 225
    2019-09-01 $107,598 (1.6%) $137,568 (6.8%) 0.00 230
    2019-10-01 $109,657 (2.8%) $138,551 (8.4%) 0.00 234
    2019-11-01 $105,950 (-0.3%) $136,484 (5.1%) 0.00 235
    2019-12-01 $99,575 (-0.3%) $129,971 (0.2%) 0.00 231
    2020-01-01 $98,750 (-1.2%) $129,357 (2.7%) 0.00 242
    2020-02-01 $99,000 (-0.9%) $128,549 (-0.4%) 0.00 225
    2020-03-01 $100,950 (-7.6%) $132,881 (0.3%) 0.00 214
    2020-04-01 $102,000 (-3.8%) $134,595 (1.8%) 0.00 216
    2020-05-01 $109,700 (0.2%) $139,987 (2.0%) 0.00 217
    2020-06-01 $112,300 (3.0%) $142,402 (2.7%) 0.00 229
    2020-07-01 $113,750 (5.9%) $140,626 (1.6%) 0.00 225
    2020-08-01 $119,900 (14.7%) $147,343 (8.1%) 0.00 220
    2020-09-01 $117,000 (8.7%) $143,477 (4.3%) 0.00 210
    2020-10-01 $118,900 (8.4%) $147,672 (6.6%) 0.00 203
    2020-11-01 $119,450 (12.7%) $153,569 (12.5%) 0.00 183
    2020-12-01 $118,225 (18.7%) $153,032 (17.7%) 0.00 158
    2021-01-01 $105,000 (6.3%) $144,460 (11.7%) 0.00 143
    2021-02-01 $105,000 (6.1%) $145,296 (13.0%) 0.00 140
    2021-03-01 $107,500 (6.5%) $147,960 (11.4%) 0.00 133
    2021-04-01 $93,700 (-8.1%) $134,436 (-0.1%) 0.00 140
    2021-05-01 $93,700 (-14.6%) $126,476 (-9.7%) 0.00 148
    2021-06-01 $94,225 (-16.1%) $124,943 (-12.3%) 0.00 150
    2021-07-01 $95,000 (-16.5%) $126,142 (-10.3%) 0.00 149
    2021-08-01 $105,725 (-11.8%) $134,655 (-8.6%) 0.00 154
    2021-09-01 $95,125 (-18.7%) $127,800 (-10.9%) 0.00 148
    2021-10-01 $95,000 (-20.1%) $128,496 (-13.0%) 0.00 147
    2021-11-01 $87,738 (-26.6%) $113,630 (-26.0%) 0.00 146
    2021-12-01 $85,850 (-27.4%) $115,638 (-24.4%) 0.00 134
    2022-01-01 $85,000 (-19.1%) $104,684 (-27.5%) 0.00 118
    2022-02-01 $84,975 (-19.1%) $113,395 (-22.0%) 0.00 105
    2022-03-01 $105,400 (-2.0%) $134,267 (-9.3%) 0.00 112
    2022-04-01 $115,000 (22.7%) $144,022 (7.1%) 0.00 119
    2022-05-01 $125,200 (33.6%) $153,146 (21.1%) 0.00 125
    2022-06-01 $127,675 (35.5%) $162,932 (30.4%) 0.00 133
    2022-07-01 $124,900 (31.5%) $156,119 (23.8%) 0.00 149
    2022-08-01 $126,250 (19.4%) $159,540 (18.5%) 0.00 130
    2022-09-01 $122,100 (28.4%) $149,891 (17.3%) 0.00 124
    2022-10-01 $120,000 (26.3%) $147,609 (14.9%) 0.00 122
    2022-11-01 $115,000 (31.1%) $133,416 (17.4%) 0.00 133
    2022-12-01 $113,750 (32.5%) $125,290 (8.4%) 0.00 115
    2023-01-01 $114,000 (34.1%) $133,705 (27.7%) 0.00 103
    2023-02-01 $115,375 (35.8%) $137,772 (21.5%) 0.00 102
    2023-03-01 $123,700 (17.4%) $153,896 (14.6%) 0.00 98
    2023-04-01 $125,000 (8.7%) $158,386 (10.0%) 0.00 96
    2023-05-01 $124,999 (-0.2%) $158,585 (3.6%) 0.00 92
    2023-06-01 $130,795 (2.4%) $152,759 (-6.2%) 0.00 97
    2023-07-01 $128,180 (2.6%) $157,080 (0.6%) 0.00 89
    2023-08-01 $127,450 (1.0%) $159,241 (-0.2%) 0.00 93
    2023-09-01 $125,000 (2.4%) $160,930 (7.4%) 0.00 97
    2023-10-01 $123,378 (2.8%) $160,685 (8.9%) 0.00 109
    2023-11-01 $126,425 (9.9%) $164,402 (23.2%) 0.00 113
    2023-12-01 $114,500 (0.7%) $149,394 (19.2%) 0.00 111
    2024-01-01 $119,750 (5.0%) $154,428 (15.5%) 0.00 109
    2024-02-01 $122,000 (5.7%) $157,850 (14.6%) 0.00 109
    2024-03-01 $122,000 (-1.4%) $148,702 (-3.4%) 0.00 121
    2024-04-01 $125,000 (0.0%) $161,020 (1.7%) 0.00 128
    2024-05-01 $124,925 (-0.1%) $170,483 (7.5%) 0.00 139
    2024-06-01 $124,500 (-4.8%) $172,951 (13.2%) 0.00 137
    2024-07-01 $139,125 (8.5%) $188,284 (19.9%) 0.00 136
    2024-08-01 $145,000 (13.8%) $191,519 (20.3%) 0.00 148
    2024-09-01 $142,700 (14.2%) $183,847 (14.2%) 0.00 143
    2024-10-01 $139,300 (12.9%) $174,596 (8.7%) 0.00 181
    2024-11-01 $124,900 (-1.2%) $170,265 (3.6%) 0.00 175
    Fort Madison - Keokuk's median listing price for 2024-11-01 was $124,900, a difference of $-1,525 (-1.2%) versus the prior year and $-14,400 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 2024-11-01 was $170,265, a difference of $5,863 (3.6%) versus the prior year and $-4,331 versus the prior month.

    For the 2024-11-01 period, Fort Madison - Keokuk had 175 MLS listings, a difference of -6 listings (-3%) versus the prior month and 62 listings (55%) 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 1,488 sqft
    2018-02-01 0 days 1,514 sqft
    2018-03-01 0 days 1,513 sqft
    2018-04-01 0 days 1,489 sqft
    2018-05-01 0 days 1,467 sqft
    2018-06-01 0 days 1,440 sqft
    2018-07-01 0 days 1,423 sqft
    2018-08-01 0 days 1,464 sqft
    2018-09-01 0 days 1,404 sqft
    2018-10-01 0 days 1,423 sqft
    2018-11-01 0 days 1,440 sqft
    2018-12-01 0 days 1,437 sqft
    2019-01-01 0 days 1,408 sqft
    2019-02-01 0 days 1,424 sqft
    2019-03-01 0 days 1,426 sqft
    2019-04-01 0 days 1,404 sqft
    2019-05-01 0 days 1,408 sqft
    2019-06-01 0 days 1,440 sqft
    2019-07-01 0 days 1,506 sqft
    2019-08-01 0 days 1,517 sqft
    2019-09-01 0 days 1,539 sqft
    2019-10-01 0 days 1,561 sqft
    2019-11-01 0 days 1,536 sqft
    2019-12-01 0 days 1,506 sqft
    2020-01-01 0 days 1,774 sqft
    2020-02-01 0 days 1,516 sqft
    2020-03-01 0 days 1,501 sqft
    2020-04-01 0 days 1,503 sqft
    2020-05-01 0 days 1,480 sqft
    2020-06-01 0 days 1,444 sqft
    2020-07-01 0 days 1,456 sqft
    2020-08-01 0 days 1,488 sqft
    2020-09-01 0 days 1,447 sqft
    2020-10-01 0 days 1,440 sqft
    2020-11-01 0 days 1,474 sqft
    2020-12-01 0 days 1,489 sqft
    2021-01-01 0 days 1,486 sqft
    2021-02-01 0 days 1,501 sqft
    2021-03-01 0 days 1,560 sqft
    2021-04-01 0 days 1,456 sqft
    2021-05-01 0 days 1,453 sqft
    2021-06-01 0 days 1,445 sqft
    2021-07-01 0 days 1,434 sqft
    2021-08-01 0 days 1,503 sqft
    2021-09-01 0 days 1,552 sqft
    2021-10-01 0 days 1,456 sqft
    2021-11-01 0 days 1,380 sqft
    2021-12-01 0 days 1,353 sqft
    2022-01-01 0 days 1,330 sqft
    2022-02-01 0 days 1,398 sqft
    2022-03-01 0 days 1,430 sqft
    2022-04-01 0 days 1,456 sqft
    2022-05-01 0 days 1,468 sqft
    2022-06-01 0 days 1,486 sqft
    2022-07-01 0 days 1,424 sqft
    2022-08-01 0 days 1,403 sqft
    2022-09-01 0 days 1,330 sqft
    2022-10-01 0 days 1,357 sqft
    2022-11-01 0 days 1,417 sqft
    2022-12-01 0 days 1,448 sqft
    2023-01-01 0 days 1,467 sqft
    2023-02-01 0 days 1,456 sqft
    2023-03-01 0 days 1,494 sqft
    2023-04-01 0 days 1,469 sqft
    2023-05-01 0 days 1,430 sqft
    2023-06-01 0 days 1,400 sqft
    2023-07-01 0 days 1,400 sqft
    2023-08-01 0 days 1,462 sqft
    2023-09-01 0 days 1,443 sqft
    2023-10-01 0 days 1,438 sqft
    2023-11-01 0 days 1,451 sqft
    2023-12-01 0 days 1,461 sqft
    2024-01-01 0 days 1,441 sqft
    2024-02-01 0 days 1,443 sqft
    2024-03-01 0 days 1,436 sqft
    2024-04-01 0 days 1,444 sqft
    2024-05-01 0 days 1,443 sqft
    2024-06-01 0 days 1,456 sqft
    2024-07-01 0 days 1,502 sqft
    2024-08-01 0 days 1,577 sqft
    2024-09-01 0 days 1,514 sqft
    2024-10-01 0 days 1,517 sqft
    2024-11-01 0 days 1,508 sqft
    Fort Madison - Keokuk's median listing age (time on market) for 2024-11-01 was 0 days.

    Fort Madison - Keokuk's median square footage for active listings during the 2024-11-01 period was 1,508 sqft. One year prior, the average listing was 1,451 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.