Indiana Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Indiana averaged 7.06% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.8% and one month ago for the week of 2024-05-02, the average rate was 6.99%.

Indiana's average rate one year ago was 6.76%.

For refis of the same type during the week of 2024-06-06, the average rate was 7.49%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Indiana 30 Year Fixed Rate 2024-06-06 7.06%
Indiana 30 Year Fixed Rate Refi 2024-06-06 7.49%
Indiana 15 Year Fixed Rate 2024-06-06 6.09%
Indiana 15 Year Fixed Rate Refi 2024-06-06 6.29%
Indiana 30 Year FHA 2024-06-06 6.43%
Indiana 30 Year FHA Refi 2024-06-06 6.59%
Indiana 30 Year USDA 2024-06-06 6.5%
Indiana 30 Year USDA Refi 2024-06-06 6.9%
Indiana 30 Year VA 2024-06-06 6.19%
Indiana 30 Year VA Refi 2024-06-06 6.59%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Indiana, PA.

Indiana 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 Indiana, PA 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
S&T Bank 30 6.44% $3,910
InFirst Bank 25 6.41% $3,517
PENNSYLVANIA STATE EMPLOYEES Credit Union 18 6.36% $2,403
First Commonwealth Bank 18 6.73% $4,583
QUICKEN LOANS, LLC 16 7.02% $5,220
NORWICH COMMERCIAL GROUP, INC. 13 7.11% $7,047
AFFORDABLE MORTGAGE ADVISORS, LLC. 10 6.88% $4,418
Citizens Bank 10 6.54% $5,542
PLAZA HOME MORTGAGE, INC. 9 6.69% $8,221
PNC Bank 9 6.74% $4,662
CNB Bank 7 6.64% $4,555
First National Bank of Pennsylvania 6 6.50% $3,842
UNITED WHOLESALE MORTGAGE, LLC 6 7.38% $7,164
STOCKTON MORTGAGE CORPORATION 5 6.93% $6,997
WELCOME HOME FINANCE, L.P. 4 6.47% $3,309
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.18% $7,462
GUARANTEED RATE AFFINITY, LLC 3 7.21% $6,658
CARDINAL FINANCIAL 3 6.91% $5,628
AmeriServ Financial Bank 3 6.75% $3,161
Wells Fargo Bank 3 6.71% $5,391
Flagstar Bank, FSB 3 6.83% $5,812
Union Savings Bank 3 6.21% $6,591
The Huntington National Bank 3 7.42% $4,502
Clearview Federal Credit Union 2 6.19% $3,395
EQUITY RESOURCES, INC. 2 6.75% $5,148
Jersey Shore State Bank 2 6.62% $3,939
MOVEMENT MORTGAGE, LLC 2 5.81% $7,461
ZILLOW HOME LOANS, LLC 2 7.19% $5,721
AMERICAN FINANCING CORPORATION 1 5.50% $6,495
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $5,126
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.38% $5,509
NAVY FEDERAL CREDIT UNION 1 6.38% $2,693
NEWREZ LLC 1 6.50% $6,977
Northwest Bank 1 6.50% $3,708
MEMBER FIRST MORTGAGE, LLC 1 6.50% $4,187
LOANDEPOT.COM, LLC 1 6.99% $7,243
PENNYMAC LOAN SERVICES, LLC 1 6.99% $4,362
PENTAGON FEDERAL CREDIT UNION 1 6.38% $2,892
Peoples Security Bank and Trust Company 1 7.09% $6,064
Philadelphia Mortgage Advisors, Inc. 1 7.00% $4,195
JPMorgan Chase Bank 1 7.25% $2,782
JLB CORPORATION 1 6.88% $6,068
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.00% $8,723
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.25% $4,937
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.50% $6,597
SOMERSET TRUST COMPANY 1 5.75% $4,694
GUARANTEED RATE, INC. 1 6.99% $4,608
GSF Mortgage Corporation 1 6.38% $4,591
The Ephrata National Bank 1 5.75% $6,909
FREEDOM MORTGAGE CORPORATION 1 7.63% $5,785
Truist 1 6.49% $4,528
UNION HOME MORTGAGE CORP. 1 6.13% $6,576
Dollar Bank, Federal Savings Bank 1 6.13% $4,934
1st Summit Bank 1 6.24% $3,092
Univest Bank and Trust Co. 1 7.50% $9,504
U.S. Bank 1 5.99% $4,098
UTILITIES EMPLOYEES CREDIT UNION 1 5.63% $5,815
BAY EQUITY LLC 1 7.88% $4,605
Morgan Stanley Private Bank 1 5.95% $3,896
Mortgage Research Center, LLC 1 6.50% $156

Indiana Average Closing Costs & Other Stats

Indiana, PA's 60 lenders originated 1,201 loans during 2023. The total origination value was $149,065,000, with an average loan value of $124,117.

Indiana's average closing costs are $4,979.

The top Indiana lender as defined by loan originations is S&T Bank, with 30 loans originated. Their average total fees are $3,910, which is $392 higher than the next largest lender, InFirst Bank.

The lowest fee Indiana lenders (with over 10 loans originated) are PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,403), InFirst Bank ($3,517), S&T Bank ($3,910), AFFORDABLE MORTGAGE ADVISORS, LLC. ($4,418) and First Commonwealth Bank ($4,583).

The lowest rate Indiana lenders (with over 10 loans originated) are PENNSYLVANIA STATE EMPLOYEES Credit Union (6.36%), InFirst Bank (6.41%), S&T Bank (6.44%), Citizens Bank (6.54%) and First Commonwealth Bank (6.73%).

Indiana, PA 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
S&T Bank $24,210,000 $23,510,000 -2.9% 15.8%
InFirst Bank $18,485,000 $17,020,000 -7.9% 11.4%
First Commonwealth Bank $24,730,000 $12,685,000 -48.7% 8.5%
PNC Bank $5,415,000 $6,790,000 25.4% 4.6%
Marion Center Bank $12,625,000 $6,525,000 -48.3% 4.4%
Elderton State Bank $6,165,000 $6,240,000 1.2% 4.2%
NORWICH COMMERCIAL GROUP, INC. $5,870,000 $6,150,000 4.8% 4.1%
PENNSYLVANIA STATE EMPLOYEES Credit Union $4,975,000 $5,860,000 17.8% 3.9%
CNB Bank $8,155,000 $5,305,000 -34.9% 3.6%
Mortgage Research Center, LLC $2,930,000 $5,045,000 72.2% 3.4%
PLAZA HOME MORTGAGE, INC. $4,490,000 $5,005,000 11.5% 3.4%
QUICKEN LOANS, LLC $7,370,000 $4,270,000 -42.1% 2.9%
First National Bank of Pennsylvania $6,225,000 $4,015,000 -35.5% 2.7%
UNITED WHOLESALE MORTGAGE, LLC $2,715,000 $2,925,000 7.7% 2.0%
1st Summit Bank $3,890,000 $2,025,000 -47.9% 1.4%
Brentwood Bank $1,980,000 n/a 1.3%
AFFORDABLE MORTGAGE ADVISORS, LLC. $5,580,000 $1,895,000 -66.0% 1.3%
Citizens Bank $3,515,000 $1,815,000 -48.4% 1.2%
STOCKTON MORTGAGE CORPORATION $260,000 $1,690,000 550.0% 1.1%
Union Savings Bank $2,150,000 $1,580,000 -26.5% 1.1%
UNION HOME MORTGAGE CORP. $1,720,000 $1,470,000 -14.5% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,545,000 $1,375,000 -46.0% 0.9%
CARDINAL FINANCIAL $170,000 $1,105,000 550.0% 0.7%
First Federal Bank of the Midwest $1,140,000 $785,000 -31.1% 0.5%
AmeriServ Financial Bank $1,055,000 $780,000 -26.1% 0.5%
UTILITIES EMPLOYEES CREDIT UNION $1,325,000 $775,000 -41.5% 0.5%
SOMERSET TRUST COMPANY $450,000 $760,000 68.9% 0.5%
RELIANCE FIRST CAPITAL, LLC $430,000 $700,000 62.8% 0.5%
WELCOME HOME FINANCE, L.P. $665,000 n/a 0.4%
Univest Bank and Trust Co. $320,000 $620,000 93.8% 0.4%
Dollar Bank, Federal Savings Bank $1,265,000 $595,000 -53.0% 0.4%
MOVEMENT MORTGAGE, LLC $625,000 $580,000 -7.2% 0.4%
GUARANTEED RATE AFFINITY, LLC $520,000 $575,000 10.6% 0.4%
Wells Fargo Bank $980,000 $550,000 -43.9% 0.4%
The Ephrata National Bank $545,000 n/a 0.4%
NEXTIER BANK, NATIONAL ASSOCIATION $160,000 $535,000 234.4% 0.4%
BROKER SOLUTIONS, INC. $190,000 $500,000 163.2% 0.3%
SOUTHPOINT FINANCIAL SERVICES, INC. $490,000 n/a 0.3%
Flagstar Bank, FSB $1,360,000 $445,000 -67.3% 0.3%
NAVY FEDERAL CREDIT UNION $1,235,000 $445,000 -64.0% 0.3%
USAA Federal Savings Bank $585,000 $405,000 -30.8% 0.3%
CMG MORTGAGE, INC. $400,000 n/a 0.3%
Clearview Federal Credit Union $515,000 $385,000 -25.2% 0.3%
CFSBANK $85,000 $370,000 335.3% 0.2%
PENNYMAC LOAN SERVICES, LLC $965,000 $370,000 -61.7% 0.2%
Northwest Bank $595,000 $360,000 -39.5% 0.2%
Paramount Residential Mortgage Group, Inc. $85,000 $345,000 305.9% 0.2%
PROVIDENT FUNDING ASSOCIATES, L.P. $345,000 n/a 0.2%
Slovenian Savings & Loan Association of Franklin-Conemaugh $575,000 $335,000 -41.7% 0.2%
Peoples Security Bank and Trust Company $325,000 n/a 0.2%
The Huntington National Bank $100,000 $325,000 225.0% 0.2%
Carrington Mortgage Services, LLC $130,000 $305,000 134.6% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $790,000 $280,000 -64.6% 0.2%
Bank of America $540,000 $255,000 -52.8% 0.2%
NATIONS RELIABLE LENDING, LLC $85,000 $250,000 194.1% 0.2%
AMERISAVE MORTGAGE CORPORATION $860,000 $245,000 -71.5% 0.2%
First Savings Bank $235,000 n/a 0.2%
U.S. Bank $235,000 n/a 0.2%
Ally Bank $230,000 n/a 0.2%
EQUITY RESOURCES, INC. $175,000 $230,000 31.4% 0.2%
LOANPAL, LLC $245,000 $230,000 -6.1% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $795,000 $225,000 -71.7% 0.2%
ROYAL UNITED MORTGAGE LLC $145,000 $225,000 55.2% 0.2%
Discover Bank $220,000 n/a 0.1%
NEWREZ LLC $105,000 $220,000 109.5% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $215,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $225,000 $215,000 -4.4% 0.1%
GUARANTEED RATE, INC. $480,000 $205,000 -57.3% 0.1%
GUILD MORTGAGE COMPANY $965,000 $205,000 -78.8% 0.1%
Meridian Bank Corporation $205,000 n/a 0.1%
Morgan Stanley Private Bank $205,000 n/a 0.1%
Jersey Shore State Bank $225,000 $200,000 -11.1% 0.1%
Truist $185,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $180,000 n/a 0.1%
JPMorgan Chase Bank $125,000 $170,000 36.0% 0.1%
BAY EQUITY LLC $165,000 n/a 0.1%
GSF Mortgage Corporation $165,000 n/a 0.1%
Philadelphia Mortgage Advisors, Inc. $165,000 n/a 0.1%
First Federal Bank $135,000 n/a 0.1%
JLB CORPORATION $385,000 $135,000 -64.9% 0.1%
Northpointe Bank $375,000 $135,000 -64.0% 0.1%
MEMBER FIRST MORTGAGE, LLC $125,000 n/a 0.1%
NEXERA HOLDING LLC $115,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $105,000 n/a 0.1%
BMO Harris Bank $105,000 n/a 0.1%
CROSSCOUNTRY MORTGAGE, LLC $455,000 $105,000 -76.9% 0.1%
HOWARD HANNA FINANCIAL SERVICES, INC. $430,000 $105,000 -75.6% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $375,000 $105,000 -72.0% 0.1%
PHH Mortgage Corporation $105,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $125,000 $105,000 -16.0% 0.1%
PHEPLE FCU $95,000 n/a 0.1%
American Airlines Federal Credit Union $85,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $85,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $245,000 $85,000 -65.3% 0.1%
PLANET HOME LENDING, LLC $215,000 $85,000 -60.5% 0.1%
AMERICAN FINANCING CORPORATION $220,000 $75,000 -65.9% 0.1%
FREEDOM MORTGAGE CORPORATION $815,000 $75,000 -90.8% 0.1%
LOANDEPOT.COM, LLC $1,240,000 $75,000 -94.0% 0.1%
Centier Bank $65,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $55,000 n/a 0.0%
NEW DAY FINANCIAL, LLC $75,000 $55,000 -26.7% 0.0%
Reliance Savings Bank $350,000 $45,000 -87.1% 0.0%
Century Heritage FCU $25,000 n/a 0.0%
Coastal Community Bank $25,000 n/a 0.0%
Figure Lending LLC $155,000 $25,000 -83.9% 0.0%

Indiana's top lender by overall market share is S&T Bank, with 15.8% market share. In second place, with 11.4%, is InFirst Bank, having originated $17,020,000 in loans. In third place, with 8.5%, is First Commonwealth Bank, having originated $12,685,000 in loans. In fourth place, with 4.6%, is PNC Bank, having originated $6,790,000 in loans. In fifth place, with 4.4%, is Marion Center Bank, having originated $6,525,000 in loans.


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

Realtor.com - Indiana (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 $108,500 (-8.8%) $155,356 (-5.6%) 0.00 373
2018-02-01 $111,450 (-7.1%) $155,305 (-10.1%) 0.00 349
2018-03-01 $115,500 (-7.5%) $156,670 (-11.6%) 0.00 344
2018-04-01 $122,400 (-4.5%) $159,790 (-8.7%) 0.00 356
2018-05-01 $129,900 (2.2%) $163,172 (-6.8%) 0.00 380
2018-06-01 $129,900 (4.0%) $163,626 (-5.6%) 0.00 392
2018-07-01 $125,575 (0.5%) $161,432 (-5.5%) 0.00 397
2018-08-01 $124,900 (3.1%) $161,310 (-2.6%) 0.00 416
2018-09-01 $129,900 (12.0%) $164,923 (2.7%) 0.00 401
2018-10-01 $128,250 (11.5%) $166,816 (6.0%) 0.00 377
2018-11-01 $129,225 (12.4%) $168,657 (6.1%) 0.00 364
2018-12-01 $129,000 (17.3%) $168,330 (6.9%) 0.00 346
2019-01-01 $129,450 (19.3%) $171,573 (10.4%) 0.00 329
2019-02-01 $129,900 (16.6%) $169,681 (9.3%) 0.00 314
2019-03-01 $133,993 (16.0%) $177,778 (13.5%) 0.00 310
2019-04-01 $140,200 (14.5%) $186,901 (17.0%) 0.00 309
2019-05-01 $139,900 (7.7%) $182,216 (11.7%) 0.00 311
2019-06-01 $144,000 (10.9%) $183,903 (12.4%) 0.00 328
2019-07-01 $139,450 (11.1%) $179,331 (11.1%) 0.00 325
2019-08-01 $133,936 (7.2%) $175,560 (8.8%) 0.00 326
2019-09-01 $131,666 (1.4%) $174,387 (5.7%) 0.00 318
2019-10-01 $129,900 (1.3%) $173,605 (4.1%) 0.00 312
2019-11-01 $129,900 (0.5%) $176,788 (4.8%) 0.00 308
2019-12-01 $125,950 (-2.4%) $170,236 (1.1%) 0.00 286
2020-01-01 $125,000 (-3.4%) $169,501 (-1.2%) 0.00 271
2020-02-01 $120,950 (-6.9%) $166,422 (-1.9%) 0.00 250
2020-03-01 $121,175 (-9.6%) $172,538 (-3.0%) 0.00 233
2020-04-01 $124,950 (-10.9%) $170,253 (-8.9%) 0.00 227
2020-05-01 $125,000 (-10.7%) $177,602 (-2.5%) 0.00 231
2020-06-01 $135,925 (-5.6%) $184,967 (0.6%) 0.00 216
2020-07-01 $131,500 (-5.7%) $186,357 (3.9%) 0.00 220
2020-08-01 $129,900 (-3.0%) $186,558 (6.3%) 0.00 216
2020-09-01 $124,925 (-5.1%) $182,619 (4.7%) 0.00 206
2020-10-01 $124,900 (-3.9%) $185,426 (6.8%) 0.00 194
2020-11-01 $124,900 (-3.9%) $182,429 (3.2%) 0.00 191
2020-12-01 $124,900 (-0.8%) $185,261 (8.8%) 0.00 173
2021-01-01 $124,900 (-0.1%) $186,448 (10.0%) 0.00 168
2021-02-01 $128,950 (6.6%) $189,529 (13.9%) 0.00 143
2021-03-01 $122,400 (1.0%) $184,332 (6.8%) 0.00 140
2021-04-01 $130,300 (4.3%) $198,798 (16.8%) 0.00 121
2021-05-01 $134,900 (7.9%) $194,718 (9.6%) 0.00 116
2021-06-01 $139,650 (2.7%) $193,900 (4.8%) 0.00 110
2021-07-01 $129,900 (-1.2%) $189,450 (1.7%) 0.00 113
2021-08-01 $127,400 (-1.9%) $183,959 (-1.4%) 0.00 124
2021-09-01 $132,400 (6.0%) $177,348 (-2.9%) 0.00 131
2021-10-01 $129,900 (4.0%) $176,469 (-4.8%) 0.00 124
2021-11-01 $124,450 (-0.4%) $176,899 (-3.0%) 0.00 133
2021-12-01 $122,350 (-2.0%) $176,118 (-4.9%) 0.00 126
2022-01-01 $127,000 (1.7%) $177,382 (-4.9%) 0.00 111
2022-02-01 $113,975 (-11.6%) $167,141 (-11.8%) 0.00 94
2022-03-01 $127,000 (3.8%) $173,678 (-5.8%) 0.00 87
2022-04-01 $129,000 (-1.0%) $180,704 (-9.1%) 0.00 74
2022-05-01 $143,650 (6.5%) $191,978 (-1.4%) 0.00 89
2022-06-01 $149,450 (7.0%) $192,261 (-0.9%) 0.00 94
2022-07-01 $149,900 (15.4%) $202,320 (6.8%) 0.00 119
2022-08-01 $149,900 (17.7%) $204,269 (11.0%) 0.00 112
2022-09-01 $141,784 (7.1%) $203,886 (15.0%) 0.00 114
2022-10-01 $137,235 (5.7%) $189,713 (7.5%) 0.00 113
2022-11-01 $139,675 (12.2%) $187,483 (6.0%) 0.00 108
2022-12-01 $139,900 (14.3%) $179,659 (2.0%) 0.00 92
2023-01-01 $137,235 (8.1%) $182,132 (2.7%) 0.00 84
2023-02-01 $139,000 (22.0%) $193,776 (15.9%) 0.00 82
2023-03-01 $126,825 (-0.1%) $172,375 (-0.8%) 0.00 75
2023-04-01 $139,000 (7.8%) $189,971 (5.1%) 0.00 78
2023-05-01 $162,200 (12.9%) $214,532 (11.8%) 0.00 74
2023-06-01 $152,250 (1.9%) $211,641 (10.1%) 0.00 79
2023-07-01 $150,000 (0.1%) $209,922 (3.8%) 0.00 94
2023-08-01 $148,225 (-1.1%) $251,398 (23.1%) 0.00 86
2023-09-01 $142,500 (0.5%) $255,584 (25.4%) 0.00 93
2023-10-01 $143,725 (4.7%) $250,190 (31.9%) 0.00 108
2023-11-01 $145,000 (3.8%) $242,392 (29.3%) 0.00 116
2023-12-01 $145,000 (3.7%) $249,555 (38.9%) 0.00 105
2024-01-01 $152,875 (11.4%) $251,828 (38.3%) 0.00 98
2024-02-01 $152,875 (10.0%) $248,290 (28.1%) 0.00 84
2024-03-01 $157,500 (24.2%) $244,822 (42.0%) 0.00 85
2024-04-01 $155,500 (11.9%) $233,450 (22.9%) 0.00 99
2024-05-01 $147,164 (-9.3%) $231,883 (8.1%) 0.00 98
Indiana's median listing price for 2024-05-01 was $147,164, a difference of $-15,036 (-9.3%) versus the prior year and $-8,336 versus the prior month.

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

Indiana's average listing price for 2024-05-01 was $231,883, a difference of $17,351 (8.1%) versus the prior year and $-1,567 versus the prior month.

For the 2024-05-01 period, Indiana had 98 MLS listings, a difference of -1 listings (-1%) versus the prior month and 24 listings (32%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Indiana (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,603 sqft
2018-02-01 0 days 1,607 sqft
2018-03-01 0 days 1,613 sqft
2018-04-01 0 days 1,575 sqft
2018-05-01 0 days 1,586 sqft
2018-06-01 0 days 1,597 sqft
2018-07-01 0 days 1,636 sqft
2018-08-01 0 days 1,702 sqft
2018-09-01 0 days 1,704 sqft
2018-10-01 0 days 1,666 sqft
2018-11-01 0 days 1,644 sqft
2018-12-01 0 days 1,688 sqft
2019-01-01 0 days 1,652 sqft
2019-02-01 0 days 1,708 sqft
2019-03-01 0 days 1,742 sqft
2019-04-01 0 days 1,754 sqft
2019-05-01 0 days 1,792 sqft
2019-06-01 0 days 1,783 sqft
2019-07-01 0 days 1,705 sqft
2019-08-01 0 days 1,687 sqft
2019-09-01 0 days 1,665 sqft
2019-10-01 0 days 1,637 sqft
2019-11-01 0 days 1,595 sqft
2019-12-01 0 days 1,590 sqft
2020-01-01 0 days 1,586 sqft
2020-02-01 0 days 1,583 sqft
2020-03-01 0 days 1,598 sqft
2020-04-01 0 days 1,626 sqft
2020-05-01 0 days 1,648 sqft
2020-06-01 0 days 1,641 sqft
2020-07-01 0 days 1,595 sqft
2020-08-01 0 days 1,587 sqft
2020-09-01 0 days 1,588 sqft
2020-10-01 0 days 1,591 sqft
2020-11-01 0 days 1,573 sqft
2020-12-01 0 days 1,543 sqft
2021-01-01 0 days 1,540 sqft
2021-02-01 0 days 1,541 sqft
2021-03-01 0 days 1,547 sqft
2021-04-01 0 days 1,632 sqft
2021-05-01 0 days 1,642 sqft
2021-06-01 0 days 1,584 sqft
2021-07-01 0 days 1,639 sqft
2021-08-01 0 days 1,572 sqft
2021-09-01 0 days 1,576 sqft
2021-10-01 0 days 1,547 sqft
2021-11-01 0 days 1,554 sqft
2021-12-01 0 days 1,553 sqft
2022-01-01 0 days 1,564 sqft
2022-02-01 0 days 1,510 sqft
2022-03-01 0 days 1,568 sqft
2022-04-01 0 days 1,632 sqft
2022-05-01 0 days 1,603 sqft
2022-06-01 0 days 1,580 sqft
2022-07-01 0 days 1,589 sqft
2022-08-01 0 days 1,608 sqft
2022-09-01 0 days 1,615 sqft
2022-10-01 0 days 1,549 sqft
2022-11-01 0 days 1,493 sqft
2022-12-01 0 days 1,440 sqft
2023-01-01 0 days 1,577 sqft
2023-02-01 0 days 1,634 sqft
2023-03-01 0 days 1,600 sqft
2023-04-01 0 days 1,576 sqft
2023-05-01 0 days 1,628 sqft
2023-06-01 0 days 1,576 sqft
2023-07-01 0 days 1,568 sqft
2023-08-01 0 days 1,520 sqft
2023-09-01 0 days 1,525 sqft
2023-10-01 0 days 1,519 sqft
2023-11-01 0 days 1,624 sqft
2023-12-01 0 days 1,609 sqft
2024-01-01 0 days 1,626 sqft
2024-02-01 0 days 1,503 sqft
2024-03-01 0 days 1,538 sqft
2024-04-01 0 days 1,581 sqft
2024-05-01 0 days 1,646 sqft
Indiana's median listing age (time on market) for 2024-05-01 was 0 days.

Indiana's median square footage for active listings during the 2024-05-01 period was 1,646 sqft. One year prior, the average listing was 1,628 sqft.

Indiana, PA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 543 $94,545,000 $174,116
Refi 235 $24,815,000 $105,596
Home Improvement 208 $12,770,000 $61,394
Other 160 $10,110,000 $63,188
Cash Out Refi 55 $6,825,000 $124,091

Indiana's most frequently cited loan purpose was Home Purchase, with 543 originations. The 2nd most popular reason was Refi, with 235 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 417 $56,005,000 $134,305
7-8% 323 $40,545,000 $125,526
5-6% 182 $23,660,000 $130,000
Over 8% 116 $7,530,000 $64,914
3-4% 30 $2,610,000 $87,000
4-5% 16 $1,580,000 $98,750
2.5-3% 12 $1,320,000 $110,000
<2.5% 2 $200,000 $100,000

During 2023, Indiana's most frequently originated rate bucket was 6-7%, with 417 originations.

Loan Sizing (Indiana, PA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 634 $34,330,000 $54,148
$100k-200k 365 $51,355,000 $140,699
$200k-400k 172 $45,060,000 $261,977
$400k-600k 23 $10,895,000 $473,696
$600k-1000k 4 $2,920,000 $730,000
$Over $1MM 3 $4,505,000 $1,501,667

Indiana's loan sizing saw the bucket of loans from $100,000 or less with 634 originations, totaling $34,330,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 389 $65,125,000 $167,416
60-80% 220 $35,440,000 $161,091
20-40% 202 $12,510,000 $61,931
Under 20% 166 $5,560,000 $33,494
40-60% 106 $11,740,000 $110,755
Over 100% 14 $2,630,000 $187,857

Indiana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 389 originations, totaling $65,125,000 in origination value.