Fort Madison - Keokuk Mortgage Rates & Closing Costs
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% |
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.).
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. LouisDate | 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 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. LouisDate | 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 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.