Huron 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 Huron averaged 6.77% 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 6.69% and one month ago for the week of 2025-01-09, the average rate was 6.73%.

    Huron's average rate one year ago was 6.54%.

    For refis of the same type during the week of 2025-02-13, the average rate was 7.17%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-02-13 6.87%
    Huron 30 Year Fixed Rate 2025-02-13 6.77%
    Huron 30 Year Fixed Rate Refi 2025-02-13 7.17%
    Huron 15 Year Fixed Rate 2025-02-13 6.29%
    Huron 15 Year Fixed Rate Refi 2025-02-13 6.49%
    Huron 30 Year FHA 2025-02-13 6.62%
    Huron 30 Year FHA Refi 2025-02-13 6.52%
    Huron 30 Year USDA 2025-02-13 6.43%
    Huron 30 Year USDA Refi 2025-02-13 6.33%
    Huron 30 Year VA 2025-02-13 6.53%
    Huron 30 Year VA Refi 2025-02-13 6.43%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Huron, SD.

    Huron 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 Huron, SD 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
    American Bank & Trust 17 6.47% $4,774
    First National Bank 16 6.65% $3,179
    Plains Commerce Bank 5 6.13% $3,183
    First PREMIER Bank 2 6.44% $5,119
    Farm Credit Mid-America, ACA 2 8.31% $5,230
    QUICKEN LOANS, LLC 2 7.06% $4,788
    NAVY FEDERAL CREDIT UNION 1 6.00% $922
    NEWREZ LLC 1 9.75% $4,205
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.99% $8,800
    UNITED WHOLESALE MORTGAGE, LLC 1 7.00% $7,813
    CROSSCOUNTRY MORTGAGE, LLC 1 7.38% $8,475
    Deere Employees Credit Union 1 5.88% $3,916
    First National Bank of Omaha 1 7.50% $3,010
    First Western Trust Bank 1 6.25% $918
    Mortgage Research Center, LLC 1 7.63% $1,999

    Huron Average Closing Costs & Other Stats

    Huron, SD's 15 lenders originated 156 loans during 2023. The total origination value was $38,600,000, with an average loan value of $247,436.

    Huron's average closing costs are $4,671.

    The top Huron lender as defined by loan originations is American Bank & Trust, with 17 loans originated. Their average total fees are $4,774, which is $1,595 higher than the next largest lender, First National Bank.

    The lowest fee Huron lenders (with over 10 loans originated) are First National Bank ($3,179), American Bank & Trust ($4,774), .

    The lowest rate Huron lenders (with over 10 loans originated) are American Bank & Trust (6.47%), First National Bank (6.65%), .

    Huron, SD 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
    American Bank & Trust $7,545,000 $20,875,000 176.7% 54.1%
    First National Bank $5,850,000 $5,430,000 -7.2% 14.1%
    Plains Commerce Bank $3,295,000 $2,390,000 -27.5% 6.2%
    BANKWEST, INC. $1,145,000 $1,150,000 0.4% 3.0%
    QUICKEN LOANS, LLC $3,480,000 $1,015,000 -70.8% 2.6%
    Mortgage Research Center, LLC $465,000 $985,000 111.8% 2.6%
    Servion, Inc. $350,000 $890,000 154.3% 2.3%
    First PREMIER Bank $545,000 $875,000 60.6% 2.3%
    Farm Credit Mid-America, ACA $1,455,000 $630,000 -56.7% 1.6%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $625,000 n/a 1.6%
    First National Bank of Omaha $435,000 $360,000 -17.2% 0.9%
    NEWREZ LLC $345,000 n/a 0.9%
    CROSSCOUNTRY MORTGAGE, LLC $360,000 $305,000 -15.3% 0.8%
    Ixonia Bank $255,000 n/a 0.7%
    Deere Employees Credit Union $250,000 n/a 0.6%
    NEW DAY FINANCIAL, LLC $245,000 n/a 0.6%
    LOANDEPOT.COM, LLC $205,000 n/a 0.5%
    UNITED WHOLESALE MORTGAGE, LLC $245,000 $205,000 -16.3% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $260,000 $185,000 -28.8% 0.5%
    NAVY FEDERAL CREDIT UNION $185,000 n/a 0.5%
    First International Bank & Trust $905,000 $155,000 -82.9% 0.4%
    CU MORTGAGE DIRECT, LLC $145,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $115,000 n/a 0.3%
    First Dakota National Bank $580,000 $105,000 -81.9% 0.3%
    U.S. Bank $85,000 n/a 0.2%
    BMO Harris Bank $80,000 n/a 0.2%
    CorTrust Bank $80,000 n/a 0.2%
    Wells Fargo Bank $200,000 $75,000 -62.5% 0.2%
    Coastal Community Bank $70,000 n/a 0.2%
    First Western Trust Bank $65,000 n/a 0.2%
    Rivers Edge Bank $65,000 n/a 0.2%
    FINANCE OF AMERICA REVERSE LLC $55,000 n/a 0.1%
    PENNYMAC LOAN SERVICES, LLC $325,000 $55,000 -83.1% 0.1%
    First Bank & Trust $45,000 n/a 0.1%

    Huron's top lender by overall market share is American Bank & Trust, with 54.1% market share. In second place, with 14.1%, is First National Bank, having originated $5,430,000 in loans. In third place, with 6.2%, is Plains Commerce Bank, having originated $2,390,000 in loans. In fourth place, with 3.0%, is BANKWEST, INC., having originated $1,150,000 in loans. In fifth place, with 2.6%, is QUICKEN LOANS, LLC, having originated $1,015,000 in loans.

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

    Realtor.com - Huron (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 $149,675 (4.2%) $184,752 (15.1%) 0.00 94
    2018-02-01 $149,950 (10.1%) $189,863 (21.5%) 0.00 90
    2018-03-01 $167,400 (14.5%) $194,141 (22.8%) 0.00 96
    2018-04-01 $179,900 (26.3%) $193,394 (24.1%) 0.00 105
    2018-05-01 $179,000 (19.4%) $191,521 (15.4%) 0.00 112
    2018-06-01 $172,450 (14.5%) $189,677 (7.1%) 0.00 120
    2018-07-01 $168,725 (7.5%) $185,613 (5.0%) 0.00 130
    2018-08-01 $160,425 (0.3%) $182,410 (-1.8%) 0.00 132
    2018-09-01 $159,900 (4.6%) $179,468 (-1.8%) 0.00 133
    2018-10-01 $159,500 (7.0%) $177,600 (-2.4%) 0.00 122
    2018-11-01 $163,200 (14.6%) $178,002 (-0.8%) 0.00 112
    2018-12-01 $159,900 (15.1%) $176,538 (-1.9%) 0.00 110
    2019-01-01 $159,000 (6.2%) $174,181 (-5.7%) 0.00 100
    2019-02-01 $157,625 (5.1%) $171,279 (-9.8%) 0.00 100
    2019-03-01 $157,100 (-6.2%) $173,621 (-10.6%) 0.00 95
    2019-04-01 $163,200 (-9.3%) $179,871 (-7.0%) 0.00 93
    2019-05-01 $161,925 (-9.5%) $175,404 (-8.4%) 0.00 99
    2019-06-01 $159,450 (-7.5%) $176,971 (-6.7%) 0.00 101
    2019-07-01 $159,225 (-5.6%) $172,174 (-7.2%) 0.00 106
    2019-08-01 $154,664 (-3.6%) $171,071 (-6.2%) 0.00 116
    2019-09-01 $151,984 (-5.0%) $175,711 (-2.1%) 0.00 116
    2019-10-01 $150,198 (-5.8%) $178,805 (0.7%) 0.00 117
    2019-11-01 $157,250 (-3.7%) $178,569 (0.3%) 0.00 108
    2019-12-01 $154,700 (-3.3%) $178,265 (1.0%) 0.00 103
    2020-01-01 $153,650 (-3.4%) $169,475 (-2.7%) 0.00 100
    2020-02-01 $158,250 (0.4%) $173,648 (1.4%) 0.00 106
    2020-03-01 $157,975 (0.6%) $180,264 (3.8%) 0.00 101
    2020-04-01 $156,125 (-4.3%) $182,204 (1.3%) 0.00 94
    2020-05-01 $159,950 (-1.2%) $174,369 (-0.6%) 0.00 98
    2020-06-01 $159,350 (-0.1%) $169,062 (-4.5%) 0.00 95
    2020-07-01 $159,700 (0.3%) $165,754 (-3.7%) 0.00 80
    2020-08-01 $159,000 (2.8%) $172,148 (0.6%) 0.00 79
    2020-09-01 $164,950 (8.5%) $177,973 (1.3%) 0.00 78
    2020-10-01 $154,950 (3.2%) $171,279 (-4.2%) 0.00 76
    2020-11-01 $146,310 (-7.0%) $158,159 (-11.4%) 0.00 80
    2020-12-01 $147,925 (-4.4%) $161,921 (-9.2%) 0.00 71
    2021-01-01 $149,900 (-2.4%) $164,039 (-3.2%) 0.00 60
    2021-02-01 $148,475 (-6.2%) $173,412 (-0.1%) 0.00 55
    2021-03-01 $154,425 (-2.3%) $187,402 (4.0%) 0.00 54
    2021-04-01 $153,650 (-1.6%) $224,316 (23.1%) 0.00 55
    2021-05-01 $179,450 (12.2%) $239,671 (37.5%) 0.00 48
    2021-06-01 $188,900 (18.5%) $252,009 (49.1%) 0.00 42
    2021-07-01 $199,700 (25.1%) $277,790 (67.6%) 0.00 37
    2021-08-01 $180,400 (13.5%) $272,612 (58.4%) 0.00 39
    2021-09-01 $182,025 (10.4%) $272,915 (53.4%) 0.00 42
    2021-10-01 $176,950 (14.2%) $263,533 (53.9%) 0.00 45
    2021-11-01 $165,913 (13.4%) $259,365 (64.0%) 0.00 46
    2021-12-01 $164,225 (11.0%) $257,358 (58.9%) 0.00 45
    2022-01-01 $158,700 (5.9%) $264,212 (61.1%) 0.00 36
    2022-02-01 $178,450 (20.2%) $253,317 (46.1%) 0.00 33
    2022-03-01 $157,300 (1.9%) $241,955 (29.1%) 0.00 28
    2022-04-01 $182,000 (18.5%) $261,527 (16.6%) 0.00 24
    2022-05-01 $178,750 (-0.4%) $250,314 (4.4%) 0.00 27
    2022-06-01 $195,000 (3.2%) $262,915 (4.3%) 0.00 27
    2022-07-01 $164,700 (-17.5%) $222,568 (-19.9%) 0.00 36
    2022-08-01 $160,100 (-11.3%) $213,263 (-21.8%) 0.00 43
    2022-09-01 $167,000 (-8.3%) $222,363 (-18.5%) 0.00 39
    2022-10-01 $194,950 (10.2%) $242,231 (-8.1%) 0.00 37
    2022-11-01 $188,725 (13.8%) $242,166 (-6.6%) 0.00 37
    2022-12-01 $209,000 (27.3%) $261,017 (1.4%) 0.00 37
    2023-01-01 $197,950 (24.7%) $248,426 (-6.0%) 0.00 36
    2023-02-01 $206,725 (15.8%) $260,733 (2.9%) 0.00 35
    2023-03-01 $199,900 (27.1%) $264,944 (9.5%) 0.00 37
    2023-04-01 $210,000 (15.4%) $272,762 (4.3%) 0.00 36
    2023-05-01 $204,900 (14.6%) $260,216 (4.0%) 0.00 46
    2023-06-01 $212,500 (9.0%) $268,616 (2.2%) 0.00 48
    2023-07-01 $227,250 (38.0%) $269,156 (20.9%) 0.00 43
    2023-08-01 $245,250 (53.2%) $277,784 (30.3%) 0.00 42
    2023-09-01 $249,450 (49.4%) $286,207 (28.7%) 0.00 37
    2023-10-01 $205,675 (5.5%) $246,416 (1.7%) 0.00 36
    2023-11-01 $217,000 (15.0%) $248,946 (2.8%) 0.00 37
    2023-12-01 $191,950 (-8.2%) $233,347 (-10.6%) 0.00 37
    2024-01-01 $184,700 (-6.7%) $202,718 (-18.4%) 0.00 39
    2024-02-01 $175,950 (-14.9%) $206,267 (-20.9%) 0.00 39
    2024-03-01 $189,000 (-5.5%) $219,795 (-17.0%) 0.00 41
    2024-04-01 $201,675 (-4.0%) $241,091 (-11.6%) 0.00 42
    2024-05-01 $218,250 (6.5%) $248,954 (-4.3%) 0.00 46
    2024-06-01 $249,900 (17.6%) $301,369 (12.2%) 0.00 40
    2024-07-01 $249,900 (10.0%) $288,633 (7.2%) 0.00 43
    2024-08-01 $230,000 (-6.2%) $265,078 (-4.6%) 0.00 47
    2024-09-01 $238,500 (-4.4%) $273,311 (-4.5%) 0.00 38
    2024-10-01 $219,350 (6.7%) $258,834 (5.0%) 0.00 59
    2024-11-01 $209,900 (-3.3%) $260,525 (4.7%) 0.00 79
    2024-12-01 $214,950 (12.0%) $276,881 (18.7%) 0.00 41
    2025-01-01 $228,750 (23.9%) $300,006 (48.0%) 0.00 32
    Huron's median listing price for 2025-01-01 was $228,750, a difference of $44,050 (23.9%) versus the prior year and $13,800 versus the prior month.

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

    Huron's average listing price for 2025-01-01 was $300,006, a difference of $97,288 (48.0%) versus the prior year and $23,125 versus the prior month.

    For the 2025-01-01 period, Huron had 32 MLS listings, a difference of -9 listings (-22%) versus the prior month and -7 listings (-18%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Huron (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,139 sqft
    2018-02-01 0 days 2,195 sqft
    2018-03-01 0 days 2,206 sqft
    2018-04-01 0 days 2,239 sqft
    2018-05-01 0 days 2,176 sqft
    2018-06-01 0 days 2,176 sqft
    2018-07-01 0 days 2,192 sqft
    2018-08-01 0 days 2,178 sqft
    2018-09-01 0 days 2,176 sqft
    2018-10-01 0 days 2,176 sqft
    2018-11-01 0 days 2,176 sqft
    2018-12-01 0 days 2,144 sqft
    2019-01-01 0 days 2,140 sqft
    2019-02-01 0 days 2,136 sqft
    2019-03-01 0 days 2,153 sqft
    2019-04-01 0 days 2,176 sqft
    2019-05-01 0 days 2,166 sqft
    2019-06-01 0 days 2,156 sqft
    2019-07-01 0 days 2,161 sqft
    2019-08-01 0 days 2,068 sqft
    2019-09-01 0 days 2,048 sqft
    2019-10-01 0 days 2,034 sqft
    2019-11-01 0 days 2,076 sqft
    2019-12-01 0 days 2,081 sqft
    2020-01-01 0 days 2,064 sqft
    2020-02-01 0 days 2,070 sqft
    2020-03-01 0 days 2,080 sqft
    2020-04-01 0 days 2,137 sqft
    2020-05-01 0 days 2,149 sqft
    2020-06-01 0 days 2,094 sqft
    2020-07-01 0 days 2,104 sqft
    2020-08-01 0 days 2,138 sqft
    2020-09-01 0 days 2,182 sqft
    2020-10-01 0 days 2,138 sqft
    2020-11-01 0 days 2,137 sqft
    2020-12-01 0 days 2,137 sqft
    2021-01-01 0 days 2,020 sqft
    2021-02-01 0 days 1,996 sqft
    2021-03-01 0 days 2,038 sqft
    2021-04-01 0 days 2,116 sqft
    2021-05-01 0 days 2,194 sqft
    2021-06-01 0 days 2,283 sqft
    2021-07-01 0 days 2,539 sqft
    2021-08-01 0 days 2,276 sqft
    2021-09-01 0 days 2,258 sqft
    2021-10-01 0 days 2,219 sqft
    2021-11-01 0 days 2,040 sqft
    2021-12-01 0 days 1,999 sqft
    2022-01-01 0 days 1,986 sqft
    2022-02-01 0 days 1,994 sqft
    2022-03-01 0 days 2,002 sqft
    2022-04-01 0 days 1,828 sqft
    2022-05-01 0 days 1,685 sqft
    2022-06-01 0 days 1,904 sqft
    2022-07-01 0 days 1,920 sqft
    2022-08-01 0 days 2,025 sqft
    2022-09-01 0 days 1,869 sqft
    2022-10-01 0 days 2,014 sqft
    2022-11-01 0 days 2,156 sqft
    2022-12-01 0 days 2,272 sqft
    2023-01-01 0 days 2,067 sqft
    2023-02-01 0 days 2,016 sqft
    2023-03-01 0 days 1,977 sqft
    2023-04-01 0 days 2,016 sqft
    2023-05-01 0 days 2,064 sqft
    2023-06-01 0 days 2,232 sqft
    2023-07-01 0 days 2,364 sqft
    2023-08-01 0 days 2,195 sqft
    2023-09-01 0 days 2,297 sqft
    2023-10-01 0 days 2,074 sqft
    2023-11-01 0 days 1,872 sqft
    2023-12-01 0 days 1,829 sqft
    2024-01-01 0 days 1,791 sqft
    2024-02-01 0 days 1,674 sqft
    2024-03-01 0 days 1,792 sqft
    2024-04-01 0 days 1,852 sqft
    2024-05-01 0 days 1,964 sqft
    2024-06-01 0 days 1,976 sqft
    2024-07-01 0 days 1,927 sqft
    2024-08-01 0 days 1,910 sqft
    2024-09-01 0 days 2,087 sqft
    2024-10-01 0 days 1,821 sqft
    2024-11-01 0 days 1,922 sqft
    2024-12-01 0 days 1,995 sqft
    2025-01-01 0 days 2,234 sqft
    Huron's median listing age (time on market) for 2025-01-01 was 0 days.

    Huron's median square footage for active listings during the 2025-01-01 period was 2,234 sqft. One year prior, the average listing was 1,791 sqft.

    Huron, SD Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 117 $34,385,000 $293,889
    Cash Out Refi 14 $2,160,000 $154,286
    Refi 10 $1,470,000 $147,000
    Home Improvement 8 $360,000 $45,000
    Other 7 $225,000 $32,143

    Huron's most frequently cited loan purpose was Home Purchase, with 117 originations. The 2nd most popular reason was Cash Out Refi, with 14 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 60 $12,170,000 $202,833
    5-6% 37 $6,885,000 $186,081
    7-8% 31 $17,035,000 $549,516
    Over 8% 23 $1,955,000 $85,000
    4-5% 2 $410,000 $205,000

    During 2023, Huron's most frequently originated rate bucket was 6-7%, with 60 originations.

    Loan Sizing (Huron, SD MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 50 $7,210,000 $144,200
    $200k-400k 50 $14,140,000 $282,800
    $100,000 or less 49 $3,005,000 $61,327
    $400k-600k 5 $2,325,000 $465,000
    $600k-1000k 1 $645,000 $645,000
    $Over $1MM 1 $11,275,000 $11,275,000

    Huron's loan sizing saw the bucket of loans from $100k-200k with 50 originations, totaling $7,210,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 92 $17,990,000 $195,543
    60-80% 33 $17,915,000 $542,879
    20-40% 11 $545,000 $49,545
    40-60% 10 $1,550,000 $155,000
    Under 20% 5 $155,000 $31,000
    Over 100% 2 $300,000 $150,000

    Huron's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 92 originations, totaling $17,990,000 in origination value.