GRAND ISLAND Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Grand Island averaged 6.95% for the week of 2025-05-22, compared to the national average of 6.86% for the same period.

    The average rate for the prior week (2025-05-15) was 6.9% and one month ago for the week of 2025-04-17, the average rate was 6.92%.

    Grand Island's average rate one year ago was 7.21%.

    For refis of the same type during the week of 2025-05-22, the average rate was 6.76%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-22 6.86%
    Grand Island 30 Year Fixed Rate 2025-05-22 6.95%
    Grand Island 30 Year Fixed Rate Refi 2025-05-22 6.76%
    Grand Island 15 Year Fixed Rate 2025-05-22 5.81%
    Grand Island 15 Year Fixed Rate Refi 2025-05-22 6.41%
    Grand Island 30 Year FHA 2025-05-22 6.52%
    Grand Island 30 Year FHA Refi 2025-05-22 6.61%
    Grand Island 30 Year USDA 2025-05-22 6.53%
    Grand Island 30 Year USDA Refi 2025-05-22 6.53%
    Grand Island 30 Year VA 2025-05-22 6.72%
    Grand Island 30 Year VA Refi 2025-05-22 6.42%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GRAND ISLAND, NE.

    GRAND ISLAND 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 GRAND ISLAND, NE 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    West Gate Bank 33 6.41% $2,792
    First National Bank of Omaha 32 6.55% $3,574
    Pinnacle Bank 24 6.56% $3,440
    MORIA DEVELOPMENT, INC. 24 7.06% $6,765
    Home Federal Savings & Loan Association of Grand Island 23 6.81% $2,629
    CHARTER WEST BANK 22 6.78% $3,108
    QUICKEN LOANS, LLC 20 6.82% $6,979
    Gateway First Bank 14 6.59% $4,490
    Exchange Bank 12 6.63% $1,895
    Union Bank and Trust Company 12 6.53% $3,517
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 10 6.77% $3,801
    CHURCHILL MORTGAGE CORPORATION 7 7.39% $3,962
    Wells Fargo Bank 6 6.25% $8,026
    Farm Credit Mid-America, ACA 5 6.98% $7,752
    U.S. Bank 5 6.40% $2,200
    Citizens Bank 4 7.00% $2,286
    BMO Harris Bank 4 6.72% $3,976
    Plains Commerce Bank 3 7.00% $3,480
    NAVY FEDERAL CREDIT UNION 3 7.38% $2,719
    CROSSCOUNTRY MORTGAGE, LLC 2 6.63% $6,099
    CMG MORTGAGE, INC. 2 7.37% $8,469
    FREEDOM MORTGAGE CORPORATION 2 7.25% $7,678
    Grand Bank for Savings, FSB 2 9.56% $3,618
    CENTRIS FEDERAL CREDIT UNION 2 6.31% $3,208
    Mortgage Research Center, LLC 2 6.75% $5,620
    Mr. Cooper ( Nationstar Mortgage ) 2 7.25% $7,864
    SIRVA MORTGAGE, INC. 2 6.56% $1,161
    Barrington Bank & Trust Company, N.A. 2 6.56% $4,193
    VERIDIAN CREDIT UNION 2 6.56% $2,333
    CASTLE & COOKE MORTGAGE, LLC 1 6.88% $6,748
    USAA Federal Savings Bank 1 5.88% $8,816
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.13% $4,475
    ALLIANT CREDIT UNION 1 6.38% $3,621
    BOKF 1 7.38% $5,420
    Community Mortgage Banc Corporation 1 7.00% $2,857
    PREMIA MORTGAGE, LLC 1 6.93% $495
    CORNHUSKER BANK 1 7.00% $2,808
    Discover Bank 1 6.90% $0
    The Central Trust Bank 1 7.38% $2,661
    The Federal Savings Bank 1 7.13% $3,287
    Frontier Bank 1 7.49% $3,576
    Farmers Bank & Trust 1 6.25% $3,301
    GERSHMAN INVESTMENT CORP. 1 7.13% $3,396
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.38% $4,086
    UNITED WHOLESALE MORTGAGE, LLC 1 6.00% $8,015
    JPMorgan Chase Bank 1 6.88% $4,262
    LOANDEPOT.COM, LLC 1 6.99% $6,214

    GRAND ISLAND Average Closing Costs & Other Stats

    GRAND ISLAND, NE's 47 lenders originated 1,339 loans during 2024. The total origination value was $245,335,000, with an average loan value of $183,223.

    GRAND ISLAND's average closing costs are $3,990.

    The top GRAND ISLAND lender as defined by loan originations is West Gate Bank, with 33 loans originated. Their average total fees are $2,792, which is $782 lower than the next largest lender, First National Bank of Omaha.

    The lowest fee GRAND ISLAND lenders (with over 10 loans originated) are Exchange Bank ($1,895), Home Federal Savings & Loan Association of Grand Island ($2,629), West Gate Bank ($2,792), CHARTER WEST BANK ($3,108) and Pinnacle Bank ($3,440).

    The lowest rate GRAND ISLAND lenders (with over 10 loans originated) are West Gate Bank (6.41%), Union Bank and Trust Company (6.53%), First National Bank of Omaha (6.55%), Pinnacle Bank (6.56%) and Gateway First Bank (6.59%).

    GRAND ISLAND, NE 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Pinnacle Bank $20,185,000 $25,130,000 24.5% 10.2%
    Exchange Bank $25,080,000 $22,480,000 -10.4% 9.2%
    MORIA DEVELOPMENT, INC. $18,445,000 $16,800,000 -8.9% 6.8%
    CHARTER WEST BANK $17,470,000 $15,405,000 -11.8% 6.3%
    Five Points Bank $11,600,000 $14,265,000 23.0% 5.8%
    First National Bank of Omaha $15,700,000 $12,435,000 -20.8% 5.1%
    QUICKEN LOANS, LLC $8,400,000 $11,430,000 36.1% 4.7%
    Home Federal Savings & Loan Association of Grand Island $12,525,000 $10,315,000 -17.6% 4.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $7,725,000 $10,155,000 31.5% 4.1%
    Gateway First Bank $13,170,000 $8,525,000 -35.3% 3.5%
    Equitable Bank $9,960,000 $7,450,000 -25.2% 3.0%
    West Gate Bank $5,555,000 $7,330,000 32.0% 3.0%
    Mortgage Research Center, LLC $6,530,000 $6,695,000 2.5% 2.7%
    Pathway Bank $1,570,000 $4,765,000 203.5% 1.9%
    CENTRIS FEDERAL CREDIT UNION $3,415,000 $4,575,000 34.0% 1.9%
    Union Bank and Trust Company $1,880,000 $4,320,000 129.8% 1.8%
    CHURCHILL MORTGAGE CORPORATION $2,300,000 $4,075,000 77.2% 1.7%
    ARCHER COOPERATIVE CREDIT UNION $3,130,000 $3,505,000 12.0% 1.4%
    Farm Credit Mid-America, ACA $1,505,000 $2,605,000 73.1% 1.1%
    FREEDOM MORTGAGE CORPORATION $965,000 $2,310,000 139.4% 0.9%
    Wells Fargo Bank $2,225,000 $2,115,000 -4.9% 0.9%
    U.S. Bank $2,990,000 $1,865,000 -37.6% 0.8%
    UNITED WHOLESALE MORTGAGE, LLC $2,560,000 $1,840,000 -28.1% 0.7%
    BMO Harris Bank $445,000 $1,685,000 278.7% 0.7%
    USAA Federal Savings Bank $860,000 $1,670,000 94.2% 0.7%
    Plains Commerce Bank $1,130,000 $1,425,000 26.1% 0.6%
    Heritage Bank $1,450,000 $1,400,000 -3.4% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $260,000 $1,330,000 411.5% 0.5%
    Cornerstone Bank $2,260,000 $1,280,000 -43.4% 0.5%
    Citizens Bank & Trust Co. $1,105,000 $1,065,000 -3.6% 0.4%
    Citizens Bank $530,000 $930,000 75.5% 0.4%
    The Federal Savings Bank $925,000 n/a 0.4%
    BROKER SOLUTIONS, INC. $610,000 $890,000 45.9% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $870,000 n/a 0.4%
    GUILD MORTGAGE COMPANY $860,000 n/a 0.4%
    Discover Bank $595,000 $855,000 43.7% 0.3%
    First Interstate Bank $1,170,000 $850,000 -27.4% 0.3%
    NAVY FEDERAL CREDIT UNION $460,000 $835,000 81.5% 0.3%
    LOANDEPOT.COM, LLC $795,000 $795,000 0.0% 0.3%
    VERIDIAN CREDIT UNION $495,000 $780,000 57.6% 0.3%
    SIRVA MORTGAGE, INC. $670,000 n/a 0.3%
    TruHome Solutions, LLC $600,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $555,000 n/a 0.2%
    GERSHMAN INVESTMENT CORP. $115,000 $525,000 356.5% 0.2%
    Farmers Bank & Trust $455,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $445,000 $455,000 2.2% 0.2%
    Prosperity Home Mortgage, LLC $595,000 $435,000 -26.9% 0.2%
    CMG MORTGAGE, INC. $185,000 $430,000 132.4% 0.2%
    Carrington Mortgage Services, LLC $270,000 $395,000 46.3% 0.2%
    Members Mortgage Services, L.L.C. $390,000 n/a 0.2%
    DELMAR FINANCIAL COMPANY $1,585,000 $365,000 -77.0% 0.1%
    Washington County Bank $355,000 n/a 0.1%
    Figure Lending LLC $135,000 $350,000 159.3% 0.1%
    Coastal Community Bank $245,000 $340,000 38.8% 0.1%
    Paramount Residential Mortgage Group, Inc. $135,000 $295,000 118.5% 0.1%
    Barrington Bank & Trust Company, N.A. $680,000 $290,000 -57.4% 0.1%
    CASTLE & COOKE MORTGAGE, LLC $285,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $755,000 $285,000 -62.3% 0.1%
    Grand Bank for Savings, FSB $270,000 n/a 0.1%
    NEWREZ LLC $735,000 $270,000 -63.3% 0.1%
    PENNYMAC LOAN SERVICES, LLC $595,000 $270,000 -54.6% 0.1%
    AmeriHome Mortgage Company, LLC $255,000 n/a 0.1%
    CORNHUSKER BANK $255,000 n/a 0.1%
    PREMIA MORTGAGE, LLC $255,000 n/a 0.1%
    AXIA FINANCIAL, LLC $240,000 n/a 0.1%
    Community Mortgage Banc Corporation $255,000 $235,000 -7.8% 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $215,000 n/a 0.1%
    Frontier Bank $115,000 $215,000 87.0% 0.1%
    AMERISAVE MORTGAGE CORPORATION $565,000 $205,000 -63.7% 0.1%
    The Central Trust Bank $205,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $195,000 n/a 0.1%
    BOKF $195,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $175,000 n/a 0.1%
    ALLIANT CREDIT UNION $165,000 n/a 0.1%
    Allied First Bank,sb $165,000 n/a 0.1%
    ROUNDPOINT MORTGAGE SERVICING CORPORATION $165,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $275,000 $155,000 -43.6% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $145,000 n/a 0.1%
    SPRING EQ, LLC $140,000 n/a 0.1%
    SWBC MORTGAGE CORPORATION $135,000 n/a 0.1%
    TEMPLE VIEW CAPITAL FUNDING, LP $105,000 n/a 0.0%
    21ST MORTGAGE CORPORATION $15,000 $90,000 500.0% 0.0%
    FIRST COMMUNITY MORTGAGE, INC. $85,000 n/a 0.0%
    JPMorgan Chase Bank $280,000 $75,000 -73.2% 0.0%
    FEDEX EMPLOYEES CREDIT ASSOCIATION $45,000 n/a 0.0%

    GRAND ISLAND's top lender by overall market share is Pinnacle Bank, with 10.2% market share. In second place, with 9.2%, is Exchange Bank, having originated $22,480,000 in loans. In third place, with 6.8%, is MORIA DEVELOPMENT, INC., having originated $16,800,000 in loans. In fourth place, with 6.3%, is CHARTER WEST BANK, having originated $15,405,000 in loans. In fifth place, with 5.8%, is Five Points Bank, having originated $14,265,000 in loans.

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

    Realtor.com - GRAND ISLAND (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 $206,500 (5.0%) $241,252 (10.7%) 0.00 136
    2018-02-01 $201,750 (6.6%) $245,017 (13.9%) 0.00 127
    2018-03-01 $211,250 (12.9%) $244,355 (14.8%) 0.00 126
    2018-04-01 $229,750 (27.7%) $254,518 (21.0%) 0.00 126
    2018-05-01 $225,750 (21.1%) $250,302 (15.0%) 0.00 131
    2018-06-01 $209,900 (8.5%) $240,867 (10.6%) 0.00 147
    2018-07-01 $204,950 (-1.8%) $239,885 (-2.2%) 0.00 154
    2018-08-01 $199,825 (-2.4%) $234,271 (-4.2%) 0.00 164
    2018-09-01 $199,900 (-4.9%) $235,604 (-4.3%) 0.00 155
    2018-10-01 $220,000 (6.9%) $248,238 (-0.2%) 0.00 153
    2018-11-01 $199,900 (3.2%) $242,041 (0.8%) 0.00 157
    2018-12-01 $195,000 (4.0%) $241,742 (3.9%) 0.00 141
    2019-01-01 $183,725 (-11.0%) $234,871 (-2.6%) 0.00 140
    2019-02-01 $177,200 (-12.2%) $221,279 (-9.7%) 0.00 146
    2019-03-01 $179,500 (-15.0%) $224,731 (-8.0%) 0.00 147
    2019-04-01 $187,250 (-18.5%) $232,640 (-8.6%) 0.00 146
    2019-05-01 $199,500 (-11.6%) $237,703 (-5.0%) 0.00 150
    2019-06-01 $194,900 (-7.2%) $220,833 (-8.3%) 0.00 145
    2019-07-01 $194,900 (-4.9%) $226,859 (-5.4%) 0.00 150
    2019-08-01 $198,991 (-0.4%) $240,066 (2.5%) 0.00 152
    2019-09-01 $205,127 (2.6%) $248,693 (5.6%) 0.00 155
    2019-10-01 $209,450 (-4.8%) $251,394 (1.3%) 0.00 163
    2019-11-01 $206,000 (3.1%) $247,312 (2.2%) 0.00 166
    2019-12-01 $201,225 (3.2%) $253,074 (4.7%) 0.00 163
    2020-01-01 $199,925 (8.8%) $254,985 (8.6%) 0.00 145
    2020-02-01 $199,000 (12.3%) $251,525 (13.7%) 0.00 141
    2020-03-01 $222,425 (23.9%) $262,798 (16.9%) 0.00 139
    2020-04-01 $198,725 (6.1%) $250,467 (7.7%) 0.00 158
    2020-05-01 $188,250 (-5.6%) $237,024 (-0.3%) 0.00 152
    2020-06-01 $188,125 (-3.5%) $249,080 (12.8%) 0.00 131
    2020-07-01 $216,250 (11.0%) $272,457 (20.1%) 0.00 103
    2020-08-01 $192,450 (-3.3%) $268,621 (11.9%) 0.00 90
    2020-09-01 $191,475 (-6.7%) $249,324 (0.3%) 0.00 93
    2020-10-01 $191,200 (-8.7%) $260,601 (3.7%) 0.00 84
    2020-11-01 $190,450 (-7.6%) $260,817 (5.5%) 0.00 91
    2020-12-01 $193,950 (-3.6%) $264,390 (4.5%) 0.00 84
    2021-01-01 $196,400 (-1.8%) $258,526 (1.4%) 0.00 80
    2021-02-01 $207,725 (4.4%) $269,443 (7.1%) 0.00 70
    2021-03-01 $225,950 (1.6%) $298,787 (13.7%) 0.00 54
    2021-04-01 $229,225 (15.4%) $306,706 (22.5%) 0.00 39
    2021-05-01 $220,000 (16.9%) $329,475 (39.0%) 0.00 46
    2021-06-01 $243,650 (29.5%) $337,776 (35.6%) 0.00 53
    2021-07-01 $238,000 (10.1%) $293,664 (7.8%) 0.00 58
    2021-08-01 $248,750 (29.3%) $294,247 (9.5%) 0.00 58
    2021-09-01 $237,475 (24.0%) $285,929 (14.7%) 0.00 63
    2021-10-01 $249,000 (30.2%) $283,172 (8.7%) 0.00 68
    2021-11-01 $228,650 (20.1%) $279,263 (7.1%) 0.00 60
    2021-12-01 $242,000 (24.8%) $297,052 (12.4%) 0.00 54
    2022-01-01 $247,500 (26.0%) $296,197 (14.6%) 0.00 60
    2022-02-01 $243,250 (17.1%) $289,167 (7.3%) 0.00 55
    2022-03-01 $234,975 (4.0%) $296,985 (-0.6%) 0.00 43
    2022-04-01 $240,950 (5.1%) $299,256 (-2.4%) 0.00 57
    2022-05-01 $249,500 (13.4%) $310,840 (-5.7%) 0.00 65
    2022-06-01 $258,675 (6.2%) $310,008 (-8.2%) 0.00 82
    2022-07-01 $285,000 (19.8%) $322,567 (9.8%) 0.00 98
    2022-08-01 $263,500 (5.9%) $296,334 (0.7%) 0.00 102
    2022-09-01 $273,450 (15.2%) $307,532 (7.6%) 0.00 90
    2022-10-01 $289,900 (16.4%) $317,563 (12.1%) 0.00 113
    2022-11-01 $289,900 (26.8%) $334,577 (19.8%) 0.00 115
    2022-12-01 $289,900 (19.8%) $342,040 (15.2%) 0.00 101
    2023-01-01 $289,900 (17.1%) $348,233 (17.6%) 0.00 98
    2023-02-01 $295,069 (21.3%) $370,866 (28.3%) 0.00 80
    2023-03-01 $297,450 (26.6%) $366,576 (23.4%) 0.00 79
    2023-04-01 $326,750 (35.6%) $375,820 (25.6%) 0.00 89
    2023-05-01 $314,950 (26.2%) $381,423 (22.7%) 0.00 91
    2023-06-01 $324,500 (25.5%) $372,381 (20.1%) 0.00 87
    2023-07-01 $300,000 (5.3%) $347,907 (7.9%) 0.00 107
    2023-08-01 $289,975 (10.1%) $349,359 (17.9%) 0.00 95
    2023-09-01 $299,000 (9.3%) $346,906 (12.8%) 0.00 92
    2023-10-01 $299,675 (3.4%) $346,518 (9.1%) 0.00 109
    2023-11-01 $305,000 (5.2%) $349,716 (4.5%) 0.00 116
    2023-12-01 $324,900 (12.1%) $350,118 (2.4%) 0.00 116
    2024-01-01 $324,925 (12.1%) $362,840 (4.2%) 0.00 115
    2024-02-01 $320,475 (8.6%) $354,784 (-4.3%) 0.00 113
    2024-03-01 $319,000 (7.2%) $346,230 (-5.6%) 0.00 98
    2024-04-01 $314,725 (-3.7%) $346,683 (-7.8%) 0.00 85
    2024-05-01 $319,225 (1.4%) $361,289 (-5.3%) 0.00 90
    2024-06-01 $314,900 (-3.0%) $359,354 (-3.5%) 0.00 99
    2024-07-01 $316,000 (5.3%) $377,924 (8.6%) 0.00 109
    2024-08-01 $304,500 (5.0%) $387,978 (11.1%) 0.00 126
    2024-09-01 $315,000 (5.4%) $373,094 (7.6%) 0.00 140
    2024-10-01 $321,750 (7.4%) $372,976 (7.6%) 0.00 146
    2024-11-01 $329,900 (8.2%) $386,181 (10.4%) 0.00 148
    2024-12-01 $325,000 (0.0%) $379,928 (8.5%) 0.00 150
    2025-01-01 $321,000 (-1.2%) $385,153 (6.2%) 0.00 148
    2025-02-01 $320,000 (-0.2%) $393,920 (11.0%) 0.00 139
    2025-03-01 $315,000 (-1.3%) $380,078 (9.8%) 0.00 139
    2025-04-01 $312,750 (-0.6%) $363,605 (4.9%) 0.00 147
    GRAND ISLAND's median listing price for 2025-04-01 was $312,750, a difference of $-1,975 (-0.6%) versus the prior year and $-2,250 versus the prior month.

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

    GRAND ISLAND's average listing price for 2025-04-01 was $363,605, a difference of $16,922 (4.9%) versus the prior year and $-16,473 versus the prior month.

    For the 2025-04-01 period, GRAND ISLAND had 147 MLS listings, a difference of 8 listings (6%) versus the prior month and 62 listings (73%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - GRAND ISLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,647 sqft
    2018-02-01 0 days 1,625 sqft
    2018-03-01 0 days 1,575 sqft
    2018-04-01 0 days 1,581 sqft
    2018-05-01 0 days 1,582 sqft
    2018-06-01 0 days 1,621 sqft
    2018-07-01 0 days 1,653 sqft
    2018-08-01 0 days 1,629 sqft
    2018-09-01 0 days 1,626 sqft
    2018-10-01 0 days 1,626 sqft
    2018-11-01 0 days 1,579 sqft
    2018-12-01 0 days 1,536 sqft
    2019-01-01 0 days 1,426 sqft
    2019-02-01 0 days 1,376 sqft
    2019-03-01 0 days 1,448 sqft
    2019-04-01 0 days 1,516 sqft
    2019-05-01 0 days 1,533 sqft
    2019-06-01 0 days 1,513 sqft
    2019-07-01 0 days 1,489 sqft
    2019-08-01 0 days 1,506 sqft
    2019-09-01 0 days 1,541 sqft
    2019-10-01 0 days 1,560 sqft
    2019-11-01 0 days 1,530 sqft
    2019-12-01 0 days 1,494 sqft
    2020-01-01 0 days 1,434 sqft
    2020-02-01 0 days 1,416 sqft
    2020-03-01 0 days 1,757 sqft
    2020-04-01 0 days 1,929 sqft
    2020-05-01 0 days 1,830 sqft
    2020-06-01 0 days 1,850 sqft
    2020-07-01 0 days 1,911 sqft
    2020-08-01 0 days 2,190 sqft
    2020-09-01 0 days 1,784 sqft
    2020-10-01 0 days 2,033 sqft
    2020-11-01 0 days 1,788 sqft
    2020-12-01 0 days 1,886 sqft
    2021-01-01 0 days 1,798 sqft
    2021-02-01 0 days 1,752 sqft
    2021-03-01 0 days 1,883 sqft
    2021-04-01 0 days 2,047 sqft
    2021-05-01 0 days 2,484 sqft
    2021-06-01 0 days 2,452 sqft
    2021-07-01 0 days 1,900 sqft
    2021-08-01 0 days 1,755 sqft
    2021-09-01 0 days 1,470 sqft
    2021-10-01 0 days 1,505 sqft
    2021-11-01 0 days 1,401 sqft
    2021-12-01 0 days 1,510 sqft
    2022-01-01 0 days 1,488 sqft
    2022-02-01 0 days 1,395 sqft
    2022-03-01 0 days 1,400 sqft
    2022-04-01 0 days 1,480 sqft
    2022-05-01 0 days 1,487 sqft
    2022-06-01 0 days 1,473 sqft
    2022-07-01 0 days 1,540 sqft
    2022-08-01 0 days 2,233 sqft
    2022-09-01 0 days 2,332 sqft
    2022-10-01 0 days 2,474 sqft
    2022-11-01 0 days 2,631 sqft
    2022-12-01 0 days 2,547 sqft
    2023-01-01 0 days 2,498 sqft
    2023-02-01 0 days 2,610 sqft
    2023-03-01 0 days 2,368 sqft
    2023-04-01 0 days 2,426 sqft
    2023-05-01 0 days 2,546 sqft
    2023-06-01 0 days 2,464 sqft
    2023-07-01 0 days 2,464 sqft
    2023-08-01 0 days 2,402 sqft
    2023-09-01 0 days 2,450 sqft
    2023-10-01 0 days 2,442 sqft
    2023-11-01 0 days 2,427 sqft
    2023-12-01 0 days 2,460 sqft
    2024-01-01 0 days 2,481 sqft
    2024-02-01 0 days 2,434 sqft
    2024-03-01 0 days 2,424 sqft
    2024-04-01 0 days 2,398 sqft
    2024-05-01 0 days 2,363 sqft
    2024-06-01 0 days 2,296 sqft
    2024-07-01 0 days 2,330 sqft
    2024-08-01 0 days 2,360 sqft
    2024-09-01 0 days 2,414 sqft
    2024-10-01 0 days 2,460 sqft
    2024-11-01 0 days 2,470 sqft
    2024-12-01 0 days 2,512 sqft
    2025-01-01 0 days 2,493 sqft
    2025-02-01 0 days 2,403 sqft
    2025-03-01 0 days 2,385 sqft
    2025-04-01 0 days 2,360 sqft
    GRAND ISLAND's median listing age (time on market) for 2025-04-01 was 0 days.

    GRAND ISLAND's median square footage for active listings during the 2025-04-01 period was 2,360 sqft. One year prior, the average listing was 2,398 sqft.

    GRAND ISLAND, NE Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 795 $172,805,000 $217,365
    Refi 153 $32,365,000 $211,536
    Cash Out Refi 151 $24,225,000 $160,430
    Other 124 $8,750,000 $70,565
    Home Improvement 116 $7,190,000 $61,983

    Grand Island's most frequently cited loan purpose was Home Purchase, with 795 originations. The 2nd most popular reason was Refi, with 153 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 438 $95,550,000 $218,151
    7-8% 223 $54,585,000 $244,776
    Over 8% 212 $18,220,000 $85,943
    5-6% 116 $27,400,000 $236,207
    <2.5% 51 $545,000 $10,686
    4-5% 4 $760,000 $190,000
    3-4% 4 $210,000 $52,500
    2.5-3% 1 $165,000 $165,000

    During 2024, Grand Island's most frequently originated rate bucket was 6-7%, with 438 originations.

    Loan Sizing (GRAND ISLAND, NE MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 446 $117,720,000 $263,946
    $100,000 or less 434 $21,290,000 $49,055
    $100k-200k 401 $59,545,000 $148,491
    $400k-600k 33 $15,585,000 $472,273
    $600k-1000k 19 $13,535,000 $712,368
    $Over $1MM 6 $17,660,000 $2,943,333

    GRAND ISLAND's loan sizing saw the bucket of loans from $200k-400k with 446 originations, totaling $117,720,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 439 $105,225,000 $239,692
    Under 20% 189 $15,875,000 $83,995
    60-80% 164 $36,240,000 $220,976
    20-40% 121 $12,505,000 $103,347
    40-60% 107 $22,195,000 $207,430
    Over 100% 7 $2,675,000 $382,143

    GRAND ISLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 439 originations, totaling $105,225,000 in origination value.