Hannibal Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Hannibal averaged
6.18%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.28% and
one month ago for the week of 2024-09-05, the
average rate was 6.51%.
Hannibal's average rate one year ago was 7.55%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.82%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Hannibal 30 Year Fixed Rate | 2024-10-10 | 6.18% |
Hannibal 30 Year Fixed Rate Refi | 2024-10-10 | 6.82% |
Hannibal 15 Year Fixed Rate | 2024-10-10 | 5.41% |
Hannibal 15 Year Fixed Rate Refi | 2024-10-10 | 5.41% |
Hannibal 30 Year FHA | 2024-10-10 | 6% |
Hannibal 30 Year FHA Refi | 2024-10-10 | 6.2% |
Hannibal 30 Year USDA | 2024-10-10 | 6.28% |
Hannibal 30 Year USDA Refi | 2024-10-10 | 5.98% |
Hannibal 30 Year VA | 2024-10-10 | 5.85% |
Hannibal 30 Year VA Refi | 2024-10-10 | 5.65% |
Hannibal 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 Hannibal, 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.).
Hannibal Average Closing Costs & Other Stats
Hannibal, MO's 42 lenders originated 574
loans during 2023. The total origination value was $87,560,000, with an average loan value of
$152,544.
Hannibal's average closing costs are $2,986.
The top Hannibal lender as defined by loan originations is HNB National Bank, with
63 loans originated. Their average total fees are
$1,387, which is $601
lower than the next largest lender,
THOMPSON KANE & COMPANY, LLC.
The lowest fee Hannibal lenders (with over 10 loans originated) are
HNB National Bank ($1,387), HomeBank ($1,685), THOMPSON KANE & COMPANY, LLC ($1,988), FLAT BRANCH MORTGAGE, INC. ($3,350) and .
The lowest rate Hannibal lenders (with over 10 loans originated) are
THOMPSON KANE & COMPANY, LLC (6.63%), HomeBank (6.67%), HNB National Bank (6.83%), FLAT BRANCH MORTGAGE, INC. (7.05%) and .
Hannibal, 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 |
---|---|---|---|---|
HNB National Bank | $27,930,000 | $25,810,000 | -7.6% | 29.5% |
THOMPSON KANE & COMPANY, LLC | $10,800,000 | $14,980,000 | 38.7% | 17.1% |
HomeBank | $14,010,000 | $8,390,000 | -40.1% | 9.6% |
FLAT BRANCH MORTGAGE, INC. | $3,055,000 | $3,655,000 | 19.6% | 4.2% |
Commerce Bank | $1,465,000 | $3,445,000 | 135.2% | 3.9% |
Mortgage Research Center, LLC | $2,665,000 | $2,450,000 | -8.1% | 2.8% |
QUICKEN LOANS, LLC | $4,325,000 | $2,210,000 | -48.9% | 2.5% |
United Community Bank | $2,205,000 | $1,905,000 | -13.6% | 2.2% |
U.S. Bank | $5,350,000 | $1,465,000 | -72.6% | 1.7% |
UMB Bank | $315,000 | $1,145,000 | 263.5% | 1.3% |
First Bankers Trust Company | $335,000 | $1,105,000 | 229.9% | 1.3% |
LEADERONE FINANCIAL CORPORATION | $905,000 | n/a | 1.0% | |
Bridge Community Bank | $875,000 | n/a | 1.0% | |
Alliant Bank | $1,650,000 | $850,000 | -48.5% | 1.0% |
The Central Trust Bank | $640,000 | $680,000 | 6.3% | 0.8% |
Arvest Bank | $655,000 | n/a | 0.7% | |
LOANDEPOT.COM, LLC | $785,000 | $620,000 | -21.0% | 0.7% |
Mr. Cooper ( Nationstar Mortgage ) | $405,000 | $560,000 | 38.3% | 0.6% |
Midwest Mortgage Associates Corporation | $955,000 | $550,000 | -42.4% | 0.6% |
Wells Fargo Bank | $420,000 | $530,000 | 26.2% | 0.6% |
Regional Missouri Bank | $230,000 | $500,000 | 117.4% | 0.6% |
CMG MORTGAGE, INC. | $495,000 | n/a | 0.6% | |
DAS Acquisition Company, LLC | $1,700,000 | $490,000 | -71.2% | 0.6% |
UNITED WHOLESALE MORTGAGE, LLC | $1,395,000 | $460,000 | -67.0% | 0.5% |
Community State Bank of Missouri | $415,000 | $420,000 | 1.2% | 0.5% |
Regions Bank | $415,000 | n/a | 0.5% | |
JPMorgan Chase Bank | $270,000 | $410,000 | 51.9% | 0.5% |
LOANPAL, LLC | $405,000 | n/a | 0.5% | |
COMMERCIAL TRUST COMPANY OF FAYETTE | $375,000 | n/a | 0.4% | |
NEWREZ LLC | $135,000 | $340,000 | 151.9% | 0.4% |
Bank of Springfield | $1,320,000 | $320,000 | -75.8% | 0.4% |
Bell Bank | $395,000 | $295,000 | -25.3% | 0.3% |
Deere Employees Credit Union | $295,000 | n/a | 0.3% | |
EMBRACE HOME LOANS, INC. | $295,000 | n/a | 0.3% | |
GERSHMAN INVESTMENT CORP. | $1,200,000 | $295,000 | -75.4% | 0.3% |
SIRVA MORTGAGE, INC. | $295,000 | n/a | 0.3% | |
CROSSCOUNTRY MORTGAGE, LLC | $1,725,000 | $275,000 | -84.1% | 0.3% |
NAVY FEDERAL CREDIT UNION | $485,000 | $250,000 | -48.5% | 0.3% |
FIRST COMMUNITY | $175,000 | $245,000 | 40.0% | 0.3% |
The Dart Bank | $245,000 | n/a | 0.3% | |
United Fidelity Funding Corp. | $145,000 | $245,000 | 69.0% | 0.3% |
BROKER SOLUTIONS, INC. | $7,765,000 | $235,000 | -97.0% | 0.3% |
Carrollton Bank | $235,000 | n/a | 0.3% | |
CITY-COUNTY CREDIT UNION | $485,000 | $235,000 | -51.5% | 0.3% |
MOVEMENT MORTGAGE, LLC | $235,000 | n/a | 0.3% | |
USAA Federal Savings Bank | $235,000 | n/a | 0.3% | |
Mid America Bank | $225,000 | n/a | 0.3% | |
Mid-Continent Funding, Inc. | $225,000 | n/a | 0.3% | |
JLB CORPORATION | $275,000 | $220,000 | -20.0% | 0.3% |
GUILD MORTGAGE COMPANY | $880,000 | $215,000 | -75.6% | 0.2% |
Discover Bank | $220,000 | $210,000 | -4.5% | 0.2% |
Flagstar Bank, FSB | $820,000 | $210,000 | -74.4% | 0.2% |
VERIDIAN CREDIT UNION | $205,000 | n/a | 0.2% | |
FCS Financial FLCA | $200,000 | n/a | 0.2% | |
Mortgage Investment Services Corporation | $95,000 | $195,000 | 105.3% | 0.2% |
The Bank of Missouri | $195,000 | n/a | 0.2% | |
HEARTLAND | $185,000 | n/a | 0.2% | |
MISSOURI ELECTRIC COOPERATIVES EMPL | $590,000 | $185,000 | -68.6% | 0.2% |
PEOPLES BANK & TRUST CO. | $285,000 | $185,000 | -35.1% | 0.2% |
PNC Bank | $185,000 | n/a | 0.2% | |
MISSOURI Credit Union | $175,000 | $175,000 | 0.0% | 0.2% |
PENNYMAC LOAN SERVICES, LLC | $225,000 | $175,000 | -22.2% | 0.2% |
TRIAD FINANCIAL SERVICES, INC. | $175,000 | n/a | 0.2% | |
FREEDOM MORTGAGE CORPORATION | $485,000 | $165,000 | -66.0% | 0.2% |
CITIZENS EQUITY FIRST | $105,000 | $155,000 | 47.6% | 0.2% |
Pony Express Bank | $155,000 | n/a | 0.2% | |
United Credit Union | $155,000 | n/a | 0.2% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $125,000 | $145,000 | 16.0% | 0.2% |
Servion, Inc. | $720,000 | $135,000 | -81.3% | 0.2% |
The Bank of Old Monroe | $135,000 | n/a | 0.2% | |
Bank of America | $550,000 | $130,000 | -76.4% | 0.1% |
NEW DAY FINANCIAL, LLC | $340,000 | $125,000 | -63.2% | 0.1% |
TruHome Solutions, LLC | $125,000 | n/a | 0.1% | |
Midwest BankCentre | $115,000 | n/a | 0.1% | |
CARDINAL FINANCIAL | $105,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $155,000 | $105,000 | -32.3% | 0.1% |
Third Federal Savings and Loan Association of Cleveland | $105,000 | n/a | 0.1% | |
Figure Lending LLC | $100,000 | n/a | 0.1% | |
COMMUNITYAMERICA | $150,000 | $95,000 | -36.7% | 0.1% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $95,000 | n/a | 0.1% | |
First Mid Bank & Trust | $285,000 | $85,000 | -70.2% | 0.1% |
Goldwater Bank, N.A. | $85,000 | n/a | 0.1% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $215,000 | $85,000 | -60.5% | 0.1% |
UNITED SECURITY BANK | $85,000 | n/a | 0.1% | |
DELMAR FINANCIAL COMPANY | $350,000 | $75,000 | -78.6% | 0.1% |
Equity Prime Mortgage LLC | $75,000 | n/a | 0.1% | |
ALLIANT | $65,000 | n/a | 0.1% | |
Centier Bank | $65,000 | n/a | 0.1% | |
First Bank | $55,000 | n/a | 0.1% | |
First State Community Bank | $515,000 | $15,000 | -97.1% | 0.0% |
Hannibal's top lender by overall market share is HNB National Bank, with 29.5% market share. In second place, with 17.1%, is THOMPSON KANE & COMPANY, LLC, having originated $14,980,000 in loans. In third place, with 9.6%, is HomeBank, having originated $8,390,000 in loans. In fourth place, with 4.2%, is FLAT BRANCH MORTGAGE, INC., having originated $3,655,000 in loans. In fifth place, with 3.9%, is Commerce Bank, having originated $3,445,000 in loans.
Hannibal Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Hannibal (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 | $154,350 (18.7%) | $206,925 (13.7%) | 0.00 | 118 |
2018-02-01 | $158,675 (16.4%) | $203,381 (11.3%) | 0.00 | 102 |
2018-03-01 | $155,000 (11.4%) | $209,946 (19.0%) | 0.00 | 103 |
2018-04-01 | $149,900 (7.2%) | $204,525 (15.3%) | 0.00 | 104 |
2018-05-01 | $149,975 (8.2%) | $202,220 (9.2%) | 0.00 | 117 |
2018-06-01 | $141,700 (4.5%) | $188,280 (5.1%) | 0.00 | 117 |
2018-07-01 | $148,200 (9.8%) | $192,198 (5.0%) | 0.00 | 119 |
2018-08-01 | $147,750 (6.3%) | $193,832 (1.3%) | 0.00 | 119 |
2018-09-01 | $167,700 (15.7%) | $215,105 (8.2%) | 0.00 | 132 |
2018-10-01 | $151,000 (8.3%) | $200,085 (1.3%) | 0.00 | 128 |
2018-11-01 | $151,000 (9.1%) | $197,672 (-3.5%) | 0.00 | 129 |
2018-12-01 | $147,250 (5.2%) | $194,388 (-6.7%) | 0.00 | 125 |
2019-01-01 | $141,850 (-8.1%) | $192,778 (-6.8%) | 0.00 | 118 |
2019-02-01 | $150,000 (-5.5%) | $200,982 (-1.2%) | 0.00 | 108 |
2019-03-01 | $159,000 (2.6%) | $199,235 (-5.1%) | 0.00 | 104 |
2019-04-01 | $167,000 (11.4%) | $196,642 (-3.9%) | 0.00 | 98 |
2019-05-01 | $165,000 (10.0%) | $188,367 (-6.9%) | 0.00 | 108 |
2019-06-01 | $157,500 (11.2%) | $187,439 (-0.5%) | 0.00 | 112 |
2019-07-01 | $149,400 (0.8%) | $183,968 (-4.3%) | 0.00 | 124 |
2019-08-01 | $148,668 (0.6%) | $188,149 (-2.9%) | 0.00 | 118 |
2019-09-01 | $156,420 (-6.7%) | $204,719 (-4.8%) | 0.00 | 104 |
2019-10-01 | $159,114 (5.4%) | $206,755 (3.3%) | 0.00 | 95 |
2019-11-01 | $125,500 (-16.9%) | $188,172 (-4.8%) | 0.00 | 99 |
2019-12-01 | $126,600 (-14.0%) | $184,108 (-5.3%) | 0.00 | 92 |
2020-01-01 | $133,450 (-5.9%) | $180,285 (-6.5%) | 0.00 | 99 |
2020-02-01 | $155,000 (3.3%) | $210,060 (4.5%) | 0.00 | 77 |
2020-03-01 | $168,675 (6.1%) | $216,985 (8.9%) | 0.00 | 79 |
2020-04-01 | $148,250 (-11.2%) | $210,274 (6.9%) | 0.00 | 82 |
2020-05-01 | $154,450 (-6.4%) | $209,789 (11.4%) | 0.00 | 75 |
2020-06-01 | $157,725 (0.1%) | $208,163 (11.1%) | 0.00 | 63 |
2020-07-01 | $182,750 (22.3%) | $227,680 (23.8%) | 0.00 | 64 |
2020-08-01 | $169,900 (14.3%) | $227,158 (20.7%) | 0.00 | 64 |
2020-09-01 | $139,600 (-10.8%) | $192,050 (-6.2%) | 0.00 | 61 |
2020-10-01 | $142,500 (-10.4%) | $191,753 (-7.3%) | 0.00 | 58 |
2020-11-01 | $119,800 (-4.5%) | $192,322 (2.2%) | 0.00 | 50 |
2020-12-01 | $122,525 (-3.2%) | $186,746 (1.4%) | 0.00 | 46 |
2021-01-01 | $128,950 (-3.4%) | $198,266 (10.0%) | 0.00 | 41 |
2021-02-01 | $136,250 (-12.1%) | $246,559 (17.4%) | 0.00 | 42 |
2021-03-01 | $125,000 (-25.9%) | $231,422 (6.7%) | 0.00 | 37 |
2021-04-01 | $141,950 (-4.3%) | $235,217 (11.9%) | 0.00 | 37 |
2021-05-01 | $149,700 (-3.1%) | $258,343 (23.1%) | 0.00 | 37 |
2021-06-01 | $163,750 (3.8%) | $305,147 (46.6%) | 0.00 | 43 |
2021-07-01 | $162,400 (-11.1%) | $286,645 (25.9%) | 0.00 | 45 |
2021-08-01 | $162,850 (-4.2%) | $283,209 (24.7%) | 0.00 | 54 |
2021-09-01 | $178,375 (27.8%) | $296,447 (54.4%) | 0.00 | 46 |
2021-10-01 | $149,000 (4.6%) | $309,284 (61.3%) | 0.00 | 38 |
2021-11-01 | $143,125 (19.5%) | $293,437 (52.6%) | 0.00 | 46 |
2021-12-01 | $161,200 (31.6%) | $268,608 (43.8%) | 0.00 | 53 |
2022-01-01 | $170,000 (31.8%) | $264,393 (33.4%) | 0.00 | 49 |
2022-02-01 | $149,000 (9.4%) | $228,452 (-7.3%) | 0.00 | 47 |
2022-03-01 | $136,375 (9.1%) | $227,086 (-1.9%) | 0.00 | 42 |
2022-04-01 | $139,900 (-1.4%) | $222,094 (-5.6%) | 0.00 | 45 |
2022-05-01 | $163,725 (9.4%) | $240,178 (-7.0%) | 0.00 | 56 |
2022-06-01 | $193,675 (18.3%) | $249,476 (-18.2%) | 0.00 | 71 |
2022-07-01 | $232,000 (42.9%) | $264,031 (-7.9%) | 0.00 | 66 |
2022-08-01 | $178,750 (9.8%) | $240,791 (-15.0%) | 0.00 | 75 |
2022-09-01 | $177,250 (-0.6%) | $230,937 (-22.1%) | 0.00 | 72 |
2022-10-01 | $173,000 (16.1%) | $224,090 (-27.6%) | 0.00 | 69 |
2022-11-01 | $168,225 (17.5%) | $217,361 (-25.9%) | 0.00 | 68 |
2022-12-01 | $169,900 (5.4%) | $226,675 (-15.6%) | 0.00 | 59 |
2023-01-01 | $164,225 (-3.4%) | $211,769 (-19.9%) | 0.00 | 51 |
2023-02-01 | $182,450 (22.5%) | $234,422 (2.6%) | 0.00 | 47 |
2023-03-01 | $182,000 (33.5%) | $259,337 (14.2%) | 0.00 | 48 |
2023-04-01 | $180,000 (28.7%) | $252,227 (13.6%) | 0.00 | 40 |
2023-05-01 | $174,000 (6.3%) | $264,917 (10.3%) | 0.00 | 38 |
2023-06-01 | $197,250 (1.9%) | $251,019 (0.6%) | 0.00 | 41 |
2023-07-01 | $169,900 (-26.8%) | $223,340 (-15.4%) | 0.00 | 35 |
2023-08-01 | $220,750 (23.5%) | $236,993 (-1.6%) | 0.00 | 51 |
2023-09-01 | $210,000 (18.5%) | $238,254 (3.2%) | 0.00 | 52 |
2023-10-01 | $213,750 (23.6%) | $242,765 (8.3%) | 0.00 | 63 |
2023-11-01 | $225,000 (33.8%) | $269,654 (24.1%) | 0.00 | 69 |
2023-12-01 | $217,500 (28.0%) | $263,877 (16.4%) | 0.00 | 63 |
2024-01-01 | $219,750 (33.8%) | $270,653 (27.8%) | 0.00 | 47 |
2024-02-01 | $192,100 (5.3%) | $258,902 (10.4%) | 0.00 | 42 |
2024-03-01 | $184,950 (1.6%) | $246,226 (-5.1%) | 0.00 | 47 |
2024-04-01 | $192,500 (6.9%) | $250,893 (-0.5%) | 0.00 | 62 |
2024-05-01 | $247,500 (42.2%) | $285,544 (7.8%) | 0.00 | 65 |
2024-06-01 | $244,450 (23.9%) | $281,973 (12.3%) | 0.00 | 68 |
2024-07-01 | $223,500 (31.6%) | $282,932 (26.7%) | 0.00 | 61 |
2024-08-01 | $267,500 (21.2%) | $316,811 (33.7%) | 0.00 | 59 |
2024-09-01 | $278,475 (32.6%) | $325,574 (36.7%) | 0.00 | 77 |
Hannibal's median listing price comes in at 0% of the national average.
Hannibal's average listing price for 2024-09-01 was $325,574, a difference of $87,320 (36.7%) versus the prior year and $8,763 versus the prior month.
For the 2024-09-01 period, Hannibal had 77 MLS listings, a difference of 18 listings (31%) versus the prior month and 25 listings (48%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hannibal (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,487 sqft |
2018-02-01 | 0 days | 1,608 sqft |
2018-03-01 | 0 days | 1,500 sqft |
2018-04-01 | 0 days | 1,474 sqft |
2018-05-01 | 0 days | 1,494 sqft |
2018-06-01 | 0 days | 1,500 sqft |
2018-07-01 | 0 days | 1,486 sqft |
2018-08-01 | 0 days | 1,565 sqft |
2018-09-01 | 0 days | 1,590 sqft |
2018-10-01 | 0 days | 1,701 sqft |
2018-11-01 | 0 days | 1,610 sqft |
2018-12-01 | 0 days | 1,584 sqft |
2019-01-01 | 0 days | 1,592 sqft |
2019-02-01 | 0 days | 1,551 sqft |
2019-03-01 | 0 days | 1,571 sqft |
2019-04-01 | 0 days | 1,598 sqft |
2019-05-01 | 0 days | 1,568 sqft |
2019-06-01 | 0 days | 1,530 sqft |
2019-07-01 | 0 days | 1,487 sqft |
2019-08-01 | 0 days | 1,515 sqft |
2019-09-01 | 0 days | 1,614 sqft |
2019-10-01 | 0 days | 1,679 sqft |
2019-11-01 | 0 days | 1,606 sqft |
2019-12-01 | 0 days | 1,640 sqft |
2020-01-01 | 0 days | 1,601 sqft |
2020-02-01 | 0 days | 1,761 sqft |
2020-03-01 | 0 days | 1,982 sqft |
2020-04-01 | 0 days | 1,977 sqft |
2020-05-01 | 0 days | 1,960 sqft |
2020-06-01 | 0 days | 1,812 sqft |
2020-07-01 | 0 days | 1,900 sqft |
2020-08-01 | 0 days | 1,716 sqft |
2020-09-01 | 0 days | 1,660 sqft |
2020-10-01 | 0 days | 1,623 sqft |
2020-11-01 | 0 days | 1,454 sqft |
2020-12-01 | 0 days | 1,721 sqft |
2021-01-01 | 0 days | 1,764 sqft |
2021-02-01 | 0 days | 1,756 sqft |
2021-03-01 | 0 days | 1,524 sqft |
2021-04-01 | 0 days | 1,513 sqft |
2021-05-01 | 0 days | 1,652 sqft |
2021-06-01 | 0 days | 1,623 sqft |
2021-07-01 | 0 days | 1,792 sqft |
2021-08-01 | 0 days | 1,846 sqft |
2021-09-01 | 0 days | 1,865 sqft |
2021-10-01 | 0 days | 1,650 sqft |
2021-11-01 | 0 days | 1,552 sqft |
2021-12-01 | 0 days | 1,687 sqft |
2022-01-01 | 0 days | 1,725 sqft |
2022-02-01 | 0 days | 1,509 sqft |
2022-03-01 | 0 days | 1,589 sqft |
2022-04-01 | 0 days | 1,548 sqft |
2022-05-01 | 0 days | 1,658 sqft |
2022-06-01 | 0 days | 1,832 sqft |
2022-07-01 | 0 days | 1,920 sqft |
2022-08-01 | 0 days | 1,833 sqft |
2022-09-01 | 0 days | 1,881 sqft |
2022-10-01 | 0 days | 1,611 sqft |
2022-11-01 | 0 days | 1,791 sqft |
2022-12-01 | 0 days | 1,800 sqft |
2023-01-01 | 0 days | 1,658 sqft |
2023-02-01 | 0 days | 1,835 sqft |
2023-03-01 | 0 days | 1,909 sqft |
2023-04-01 | 0 days | 1,980 sqft |
2023-05-01 | 0 days | 1,975 sqft |
2023-06-01 | 0 days | 1,909 sqft |
2023-07-01 | 0 days | 1,847 sqft |
2023-08-01 | 0 days | 1,830 sqft |
2023-09-01 | 0 days | 1,730 sqft |
2023-10-01 | 0 days | 1,760 sqft |
2023-11-01 | 0 days | 1,757 sqft |
2023-12-01 | 0 days | 1,655 sqft |
2024-01-01 | 0 days | 1,580 sqft |
2024-02-01 | 0 days | 1,435 sqft |
2024-03-01 | 0 days | 1,425 sqft |
2024-04-01 | 0 days | 1,424 sqft |
2024-05-01 | 0 days | 1,497 sqft |
2024-06-01 | 0 days | 1,762 sqft |
2024-07-01 | 0 days | 1,786 sqft |
2024-08-01 | 0 days | 1,850 sqft |
2024-09-01 | 0 days | 1,812 sqft |
Hannibal's median square footage for active listings during the 2024-09-01 period was 1,812 sqft. One year prior, the average listing was 1,730 sqft.
Hannibal, MO Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 364 | $58,520,000 | $160,769 |
Refi | 84 | $15,270,000 | $181,786 |
Other | 47 | $5,035,000 | $107,128 |
Cash Out Refi | 43 | $6,495,000 | $151,047 |
Home Improvement | 36 | $2,240,000 | $62,222 |
Hannibal's most frequently cited loan purpose was Home Purchase, with 364 originations. The 2nd most popular reason was Refi, with 84 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 283 | $47,095,000 | $166,413 |
7-8% | 125 | $19,875,000 | $159,000 |
Over 8% | 59 | $5,815,000 | $98,559 |
5-6% | 50 | $9,240,000 | $184,800 |
<2.5% | 9 | $45,000 | $5,000 |
4-5% | 7 | $515,000 | $73,571 |
2.5-3% | 4 | $830,000 | $207,500 |
3-4% | 1 | $85,000 | $85,000 |
During 2023, Hannibal's most frequently originated rate bucket was 6-7%, with 283 originations.
Loan Sizing (Hannibal, MO MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 233 | $13,665,000 | $58,648 |
$100k-200k | 205 | $29,715,000 | $144,951 |
$200k-400k | 114 | $30,690,000 | $269,211 |
$400k-600k | 15 | $6,595,000 | $439,667 |
$600k-1000k | 4 | $2,940,000 | $735,000 |
$Over $1MM | 3 | $3,955,000 | $1,318,333 |
Hannibal's loan sizing saw the bucket of loans from $100,000 or less with 233 originations, totaling $13,665,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 246 | $42,250,000 | $171,748 |
60-80% | 118 | $21,990,000 | $186,356 |
Under 20% | 64 | $3,480,000 | $54,375 |
20-40% | 56 | $4,720,000 | $84,286 |
40-60% | 49 | $9,235,000 | $188,469 |
Over 100% | 3 | $1,685,000 | $561,667 |
Hannibal's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 246 originations, totaling $42,250,000 in origination value.