Indiana Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Indiana averaged
7.25%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.94% and
one month ago for the week of 2023-08-17, the
average rate was 6.75%.
Indiana's average rate one year ago was 6.08%.
For refis of the same type during the week of 2023-09-21, the average rate
was 4.87%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Indiana 30 Year Fixed Rate | 2023-09-21 | 7.25% |
Indiana 30 Year Fixed Rate Refi | 2023-09-21 | 4.87% |
Indiana 15 Year Fixed Rate | 2023-09-21 | 6.54% |
Indiana 15 Year Fixed Rate Refi | 2023-09-21 | 6.04% |
Indiana 30 Year FHA | 2023-09-21 | 6.52% |
Indiana 30 Year FHA Refi | 2023-09-21 | 7.14% |
Indiana 30 Year USDA | 2023-09-21 | 7.12% |
Indiana 30 Year USDA Refi | 2023-09-21 | 6.82% |
Indiana 30 Year VA | 2023-09-21 | 6.62% |
Indiana 30 Year VA Refi | 2023-09-21 | 6.72% |
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.).
Indiana Average Closing Costs & Other Stats
Indiana, PA's 65 lenders originated 1,611
loans during 2022. The total origination value was $193,575,000, with an average loan value of
$120,158.
Indiana's average closing costs are $4,856.
The top Indiana lender as defined by loan originations is InFirst Bank, with
33 loans originated. Their average total fees are
$3,215, which is $831
lower than the next largest lender,
First Commonwealth Bank.
The lowest fee Indiana lenders (with over 10 loans originated) are
InFirst Bank ($3,215), S&T Bank ($3,647), First Commonwealth Bank ($4,046), CNB Bank ($4,182) and PNC Bank ($4,540).
The lowest rate Indiana lenders (with over 10 loans originated) are
InFirst Bank (4.45%), CNB Bank (4.64%), PNC Bank (4.68%), First Commonwealth Bank (4.98%) and S&T Bank (5.32%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
First Commonwealth Bank | $29,815,000 | $24,730,000 | -17.1% | 12.8% |
S&T Bank | $40,715,000 | $24,210,000 | -40.5% | 12.5% |
InFirst Bank | $28,660,000 | $18,485,000 | -35.5% | 9.5% |
Marion Center Bank | $11,405,000 | $12,625,000 | 10.7% | 6.5% |
CNB Bank | $11,480,000 | $8,155,000 | -29.0% | 4.2% |
QUICKEN LOANS, LLC | $16,515,000 | $7,370,000 | -55.4% | 3.8% |
First National Bank of Pennsylvania | $8,315,000 | $6,225,000 | -25.1% | 3.2% |
Elderton State Bank | $4,300,000 | $6,165,000 | 43.4% | 3.2% |
NORWICH COMMERCIAL GROUP, INC. | $7,785,000 | $5,870,000 | -24.6% | 3.0% |
AFFORDABLE MORTGAGE ADVISORS, LLC. | $1,325,000 | $5,580,000 | 321.1% | 2.9% |
PNC Bank | $5,730,000 | $5,415,000 | -5.5% | 2.8% |
PENNSYLVANIA STATE EMPLOYEES Credit Union | $7,180,000 | $4,975,000 | -30.7% | 2.6% |
PLAZA HOME MORTGAGE, INC. | $1,395,000 | $4,490,000 | 221.9% | 2.3% |
1st Summit Bank | $6,235,000 | $3,890,000 | -37.6% | 2.0% |
Citizens Bank | $5,030,000 | $3,515,000 | -30.1% | 1.8% |
Mortgage Research Center, LLC | $3,545,000 | $2,930,000 | -17.3% | 1.5% |
UNITED WHOLESALE MORTGAGE, LLC | $2,470,000 | $2,715,000 | 9.9% | 1.4% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,930,000 | $2,545,000 | -48.4% | 1.3% |
Union Savings Bank | $2,630,000 | $2,150,000 | -18.3% | 1.1% |
EMM LOANS LLC | $5,765,000 | $1,965,000 | -65.9% | 1.0% |
UNION HOME MORTGAGE CORP. | $3,405,000 | $1,720,000 | -49.5% | 0.9% |
Flagstar Bank, FSB | $1,060,000 | $1,360,000 | 28.3% | 0.7% |
UTILITIES EMPLOYEES CREDIT UNION | $730,000 | $1,325,000 | 81.5% | 0.7% |
Dollar Bank, Federal Savings Bank | $1,970,000 | $1,265,000 | -35.8% | 0.7% |
LOANDEPOT.COM, LLC | $1,890,000 | $1,240,000 | -34.4% | 0.6% |
NAVY FEDERAL CREDIT UNION | $2,570,000 | $1,235,000 | -51.9% | 0.6% |
First Federal Bank of the Midwest | $2,010,000 | $1,140,000 | -43.3% | 0.6% |
AmeriServ Financial Bank | $440,000 | $1,055,000 | 139.8% | 0.5% |
Wells Fargo Bank | $2,910,000 | $980,000 | -66.3% | 0.5% |
GUILD MORTGAGE COMPANY | $965,000 | n/a | 0.5% | |
PENNYMAC LOAN SERVICES, LLC | $2,015,000 | $965,000 | -52.1% | 0.5% |
AMERISAVE MORTGAGE CORPORATION | $1,380,000 | $860,000 | -37.7% | 0.4% |
FREEDOM MORTGAGE CORPORATION | $2,530,000 | $815,000 | -67.8% | 0.4% |
HOMESIDE FINANCIAL, LLC | $185,000 | $815,000 | 340.5% | 0.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,080,000 | $795,000 | -26.4% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $1,560,000 | $790,000 | -49.4% | 0.4% |
WEST PENN FINANCIAL SERVICE CENTER, INC. | $3,010,000 | $765,000 | -74.6% | 0.4% |
Mars Bank | $635,000 | n/a | 0.3% | |
MOVEMENT MORTGAGE, LLC | $1,595,000 | $625,000 | -60.8% | 0.3% |
HOME POINT FINANCIAL CORPORATION | $880,000 | $595,000 | -32.4% | 0.3% |
Northwest Bank | $550,000 | $595,000 | 8.2% | 0.3% |
USAA Federal Savings Bank | $535,000 | $585,000 | 9.3% | 0.3% |
Slovenian Savings & Loan Association of Franklin-Conemaugh | $575,000 | n/a | 0.3% | |
Bank of America | $1,515,000 | $540,000 | -64.4% | 0.3% |
MidAtlantic Farm Credit, ACA | $540,000 | n/a | 0.3% | |
GUARANTEED RATE AFFINITY, LLC | $470,000 | $520,000 | 10.6% | 0.3% |
Clearview Federal Credit Union | $125,000 | $515,000 | 312.0% | 0.3% |
GUARANTEED RATE, INC. | $155,000 | $480,000 | 209.7% | 0.2% |
CROSSCOUNTRY MORTGAGE, LLC | $260,000 | $455,000 | 75.0% | 0.2% |
SOMERSET TRUST COMPANY | $1,575,000 | $450,000 | -71.4% | 0.2% |
North American Savings Bank, F.S.B. | $445,000 | n/a | 0.2% | |
HOWARD HANNA FINANCIAL SERVICES, INC. | $605,000 | $430,000 | -28.9% | 0.2% |
RELIANCE FIRST CAPITAL, LLC | $650,000 | $430,000 | -33.8% | 0.2% |
21ST MORTGAGE CORPORATION | $120,000 | $395,000 | 229.2% | 0.2% |
Princeton Mortgage Corporation | $395,000 | n/a | 0.2% | |
JLB CORPORATION | $1,130,000 | $385,000 | -65.9% | 0.2% |
ALLIED MORTGAGE GROUP, INC. | $380,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $225,000 | $375,000 | 66.7% | 0.2% |
Northpointe Bank | $375,000 | n/a | 0.2% | |
Reliance Savings Bank | $155,000 | $350,000 | 125.8% | 0.2% |
PennCrest Bank | $545,000 | $345,000 | -36.7% | 0.2% |
The Farmers National Bank of Emlenton | $1,000,000 | $345,000 | -65.5% | 0.2% |
BETTER MORTGAGE CORPORATION | $1,795,000 | $325,000 | -81.9% | 0.2% |
Univest Bank and Trust Co. | $320,000 | n/a | 0.2% | |
FINANCE OF AMERICA MORTGAGE LLC | $260,000 | $305,000 | 17.3% | 0.2% |
Strong Home Mortgage, LLC | $295,000 | n/a | 0.2% | |
CORNING | $275,000 | n/a | 0.1% | |
Victorian Finance, LLC | $820,000 | $270,000 | -67.1% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $285,000 | $265,000 | -7.0% | 0.1% |
STOCKTON MORTGAGE CORPORATION | $260,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $245,000 | n/a | 0.1% | |
LOANPAL, LLC | $85,000 | $245,000 | 188.2% | 0.1% |
Jersey Shore State Bank | $105,000 | $225,000 | 114.3% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $555,000 | $225,000 | -59.5% | 0.1% |
AMERICAN FINANCING CORPORATION | $220,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $235,000 | $215,000 | -8.5% | 0.1% |
SOFI LENDING CORP. | $205,000 | n/a | 0.1% | |
SSB Bank | $70,000 | $205,000 | 192.9% | 0.1% |
Magnolia Bank | $325,000 | $195,000 | -40.0% | 0.1% |
VILLAGE CAPITAL MORTGAGE | $1,695,000 | $195,000 | -88.5% | 0.1% |
Westmoreland Federal Savings | $135,000 | $195,000 | 44.4% | 0.1% |
BROKER SOLUTIONS, INC. | $650,000 | $190,000 | -70.8% | 0.1% |
INTERCOASTAL MORTGAGE COMPANY | $185,000 | n/a | 0.1% | |
OCMBC, INC. | $185,000 | n/a | 0.1% | |
EQUITY RESOURCES, INC. | $1,530,000 | $175,000 | -88.6% | 0.1% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $550,000 | $170,000 | -69.1% | 0.1% |
First Guaranty Mortgage Corporation | $1,160,000 | $165,000 | -85.8% | 0.1% |
NEXTIER BANK, NATIONAL ASSOCIATION | $910,000 | $160,000 | -82.4% | 0.1% |
Figure Lending LLC | $140,000 | $155,000 | 10.7% | 0.1% |
CALIBER HOME LOANS, INC. | $440,000 | $145,000 | -67.0% | 0.1% |
Citadel Servicing Corporation | $145,000 | n/a | 0.1% | |
Fulton Bank | $145,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $425,000 | $145,000 | -65.9% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $135,000 | n/a | 0.1% | |
Carrington Mortgage Services, LLC | $1,080,000 | $130,000 | -88.0% | 0.1% |
1ST SIGNATURE LENDING, LLC | $125,000 | n/a | 0.1% | |
EVERENCE FEDERAL CREDIT UNION | $125,000 | n/a | 0.1% | |
First National Bank of America | $125,000 | n/a | 0.1% | |
JPMorgan Chase Bank | $480,000 | $125,000 | -74.0% | 0.1% |
NUMARK CREDIT UNION | $125,000 | n/a | 0.1% | |
Orrstown Bank | $125,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $125,000 | n/a | 0.1% | |
FEDERATED MORTGAGE CORP. | $105,000 | n/a | 0.1% | |
MICHIGAN MUTUAL, INC. | $65,000 | $105,000 | 61.5% | 0.1% |
NEWREZ LLC | $2,045,000 | $105,000 | -94.9% | 0.1% |
The Huntington National Bank | $450,000 | $100,000 | -77.8% | 0.1% |
ARC Federal Credit Union | $95,000 | n/a | 0.0% | |
LENDINGHOME FUNDING CORPORATION | $95,000 | n/a | 0.0% | |
The Federal Savings Bank | $390,000 | $95,000 | -75.6% | 0.0% |
CFSBANK | $245,000 | $85,000 | -65.3% | 0.0% |
NATIONS RELIABLE LENDING, LLC | $85,000 | n/a | 0.0% | |
Paramount Residential Mortgage Group, Inc. | $85,000 | n/a | 0.0% | |
EMBRACE HOME LOANS, INC. | $75,000 | n/a | 0.0% | |
NEW DAY FINANCIAL, LLC | $290,000 | $75,000 | -74.1% | 0.0% |
THRIVENT Federal Credit Union | $75,000 | n/a | 0.0% | |
USX Federal Credit Union | $75,000 | n/a | 0.0% | |
AMERICAN FINANCIAL RESOURCES, INC. | $65,000 | n/a | 0.0% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $65,000 | n/a | 0.0% | |
Gateway First Bank | $95,000 | $65,000 | -31.6% | 0.0% |
Hometown Lenders, Inc. | $65,000 | n/a | 0.0% | |
Commercial Bank and Trust of PA | $45,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $85,000 | $35,000 | -58.8% | 0.0% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $35,000 | n/a | 0.0% | |
Home Loan Investment Bank, F.S.B. | $15,000 | n/a | 0.0% |
Indiana's top lender by overall market share is First Commonwealth Bank, with 12.8% market share. In second place, with 12.5%, is S&T Bank, having originated $24,210,000 in loans. In third place, with 9.5%, is InFirst Bank, having originated $18,485,000 in loans. In fourth place, with 6.5%, is Marion Center Bank, having originated $12,625,000 in loans. In fifth place, with 4.2%, is CNB Bank, having originated $8,155,000 in loans.
Indiana Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Indiana (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 | $108,625 (-8.9%) | $155,333 (-5.9%) | 0.00 | 376 |
2018-02-01 | $111,450 (-7.1%) | $155,419 (-10.2%) | 0.00 | 350 |
2018-03-01 | $116,450 (-6.8%) | $156,864 (-11.8%) | 0.00 | 344 |
2018-04-01 | $122,400 (-5.4%) | $160,322 (-8.8%) | 0.00 | 356 |
2018-05-01 | $129,900 (1.1%) | $163,673 (-7.0%) | 0.00 | 380 |
2018-06-01 | $129,900 (3.6%) | $164,051 (-5.8%) | 0.00 | 392 |
2018-07-01 | $125,575 (0.5%) | $160,924 (-6.2%) | 0.00 | 398 |
2018-08-01 | $124,175 (1.5%) | $160,802 (-3.4%) | 0.00 | 416 |
2018-09-01 | $129,900 (11.5%) | $164,547 (2.1%) | 0.00 | 401 |
2018-10-01 | $128,975 (12.2%) | $166,842 (5.7%) | 0.00 | 378 |
2018-11-01 | $129,900 (13.0%) | $168,852 (6.0%) | 0.00 | 364 |
2018-12-01 | $129,000 (17.3%) | $168,375 (6.9%) | 0.00 | 345 |
2019-01-01 | $129,450 (19.2%) | $171,757 (10.6%) | 0.00 | 327 |
2019-02-01 | $129,900 (16.6%) | $169,860 (9.3%) | 0.00 | 312 |
2019-03-01 | $133,800 (14.9%) | $177,786 (13.3%) | 0.00 | 309 |
2019-04-01 | $139,500 (14.0%) | $186,658 (16.4%) | 0.00 | 308 |
2019-05-01 | $139,900 (7.7%) | $181,843 (11.1%) | 0.00 | 311 |
2019-06-01 | $143,450 (10.4%) | $183,423 (11.8%) | 0.00 | 328 |
2019-07-01 | $139,000 (10.7%) | $178,977 (11.2%) | 0.00 | 326 |
2019-08-01 | $133,486 (7.5%) | $175,265 (9.0%) | 0.00 | 327 |
2019-09-01 | $131,216 (1.0%) | $173,987 (5.7%) | 0.00 | 318 |
2019-10-01 | $129,675 (0.5%) | $173,135 (3.8%) | 0.00 | 312 |
2019-11-01 | $129,900 (0.0%) | $176,731 (4.7%) | 0.00 | 307 |
2019-12-01 | $125,475 (-2.7%) | $170,150 (1.1%) | 0.00 | 285 |
2020-01-01 | $124,975 (-3.5%) | $169,409 (-1.4%) | 0.00 | 270 |
2020-02-01 | $120,000 (-7.6%) | $166,577 (-1.9%) | 0.00 | 248 |
2020-03-01 | $117,475 (-12.2%) | $171,902 (-3.3%) | 0.00 | 233 |
2020-04-01 | $124,900 (-10.5%) | $169,611 (-9.1%) | 0.00 | 227 |
2020-05-01 | $125,000 (-10.7%) | $176,981 (-2.7%) | 0.00 | 231 |
2020-06-01 | $134,150 (-6.5%) | $184,284 (0.5%) | 0.00 | 216 |
2020-07-01 | $130,500 (-6.1%) | $185,824 (3.8%) | 0.00 | 221 |
2020-08-01 | $129,900 (-2.7%) | $186,174 (6.2%) | 0.00 | 217 |
2020-09-01 | $124,900 (-4.8%) | $182,222 (4.7%) | 0.00 | 207 |
2020-10-01 | $124,900 (-3.7%) | $185,426 (7.1%) | 0.00 | 194 |
2020-11-01 | $124,900 (-3.9%) | $182,429 (3.2%) | 0.00 | 191 |
2020-12-01 | $124,900 (-0.5%) | $185,261 (8.9%) | 0.00 | 173 |
2021-01-01 | $124,900 (-0.1%) | $186,448 (10.1%) | 0.00 | 168 |
2021-02-01 | $128,950 (7.5%) | $189,529 (13.8%) | 0.00 | 143 |
2021-03-01 | $122,400 (4.2%) | $184,332 (7.2%) | 0.00 | 140 |
2021-04-01 | $130,300 (4.3%) | $198,798 (17.2%) | 0.00 | 121 |
2021-05-01 | $134,900 (7.9%) | $194,718 (10.0%) | 0.00 | 116 |
2021-06-01 | $139,650 (4.1%) | $193,900 (5.2%) | 0.00 | 110 |
2021-07-01 | $129,900 (-0.5%) | $189,450 (2.0%) | 0.00 | 113 |
2021-08-01 | $127,400 (-1.9%) | $182,481 (-2.0%) | 0.00 | 123 |
2021-09-01 | $131,925 (5.6%) | $175,894 (-3.5%) | 0.00 | 130 |
2021-10-01 | $129,900 (4.0%) | $175,109 (-5.6%) | 0.00 | 123 |
2021-11-01 | $122,200 (-2.2%) | $176,152 (-3.4%) | 0.00 | 132 |
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%) | $202,334 (6.8%) | 0.00 | 119 |
2022-08-01 | $151,775 (19.1%) | $205,850 (12.8%) | 0.00 | 113 |
2022-09-01 | $141,975 (7.6%) | $204,698 (16.4%) | 0.00 | 115 |
2022-10-01 | $137,235 (5.7%) | $189,713 (8.3%) | 0.00 | 113 |
2022-11-01 | $139,675 (14.3%) | $187,483 (6.4%) | 0.00 | 108 |
2022-12-01 | $139,900 (14.3%) | $180,789 (2.7%) | 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 (-2.3%) | $251,398 (22.1%) | 0.00 | 86 |
Indiana's median listing price comes in at 0% of the national average.
Indiana's average listing price for 2023-08-01 was $251,398, a difference of $45,548 (22.1%) versus the prior year and $41,476 versus the prior month.
For the 2023-08-01 period, Indiana had 86 MLS listings, a difference of -8 listings (-9%) versus the prior month and -27 listings (-24%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Indiana (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,599 sqft |
2018-02-01 | 0 days | 1,599 sqft |
2018-03-01 | 0 days | 1,604 sqft |
2018-04-01 | 0 days | 1,588 sqft |
2018-05-01 | 0 days | 1,593 sqft |
2018-06-01 | 0 days | 1,614 sqft |
2018-07-01 | 0 days | 1,636 sqft |
2018-08-01 | 0 days | 1,693 sqft |
2018-09-01 | 0 days | 1,711 sqft |
2018-10-01 | 0 days | 1,703 sqft |
2018-11-01 | 0 days | 1,666 sqft |
2018-12-01 | 0 days | 1,705 sqft |
2019-01-01 | 0 days | 1,705 sqft |
2019-02-01 | 0 days | 1,747 sqft |
2019-03-01 | 0 days | 1,766 sqft |
2019-04-01 | 0 days | 1,780 sqft |
2019-05-01 | 0 days | 1,839 sqft |
2019-06-01 | 0 days | 1,829 sqft |
2019-07-01 | 0 days | 1,736 sqft |
2019-08-01 | 0 days | 1,704 sqft |
2019-09-01 | 0 days | 1,686 sqft |
2019-10-01 | 0 days | 1,668 sqft |
2019-11-01 | 0 days | 1,626 sqft |
2019-12-01 | 0 days | 1,619 sqft |
2020-01-01 | 0 days | 1,613 sqft |
2020-02-01 | 0 days | 1,603 sqft |
2020-03-01 | 0 days | 1,629 sqft |
2020-04-01 | 0 days | 1,674 sqft |
2020-05-01 | 0 days | 1,680 sqft |
2020-06-01 | 0 days | 1,680 sqft |
2020-07-01 | 0 days | 1,657 sqft |
2020-08-01 | 0 days | 1,648 sqft |
2020-09-01 | 0 days | 1,646 sqft |
2020-10-01 | 0 days | 1,648 sqft |
2020-11-01 | 0 days | 1,596 sqft |
2020-12-01 | 0 days | 1,582 sqft |
2021-01-01 | 0 days | 1,549 sqft |
2021-02-01 | 0 days | 1,545 sqft |
2021-03-01 | 0 days | 1,549 sqft |
2021-04-01 | 0 days | 1,623 sqft |
2021-05-01 | 0 days | 1,640 sqft |
2021-06-01 | 0 days | 1,567 sqft |
2021-07-01 | 0 days | 1,601 sqft |
2021-08-01 | 0 days | 1,564 sqft |
2021-09-01 | 0 days | 1,575 sqft |
2021-10-01 | 0 days | 1,554 sqft |
2021-11-01 | 0 days | 1,559 sqft |
2021-12-01 | 0 days | 1,554 sqft |
2022-01-01 | 0 days | 1,568 sqft |
2022-02-01 | 0 days | 1,514 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 | 1,604 sqft |
2022-09-01 | 0 days | 1,610 sqft |
2022-10-01 | 0 days | 1,547 sqft |
2022-11-01 | 0 days | 1,478 sqft |
2022-12-01 | 0 days | 1,423 sqft |
2023-01-01 | 0 days | 1,560 sqft |
2023-02-01 | 0 days | 1,630 sqft |
2023-03-01 | 0 days | 1,599 sqft |
2023-04-01 | 0 days | 1,556 sqft |
2023-05-01 | 0 days | 1,628 sqft |
2023-06-01 | 0 days | 1,586 sqft |
2023-07-01 | 0 days | 1,584 sqft |
2023-08-01 | 0 days | 1,534 sqft |
Indiana's median square footage for active listings during the 2023-08-01 period was 1,534 sqft. One year prior, the average listing was 1,604 sqft.
Indiana, PA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 671 | $102,375,000 | $152,571 |
Refi | 427 | $50,335,000 | $117,881 |
Home Improvement | 222 | $12,280,000 | $55,315 |
Other | 175 | $13,345,000 | $76,257 |
Cash Out Refi | 116 | $15,240,000 | $131,379 |
Indiana's most frequently cited loan purpose was Home Purchase, with 671 originations. The 2nd most popular reason was Refi, with 427 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 360 | $44,480,000 | $123,556 |
5-6% | 294 | $36,870,000 | $125,408 |
4-5% | 279 | $34,235,000 | $122,706 |
<2.5% | 185 | $15,595,000 | $84,297 |
6-7% | 147 | $17,335,000 | $117,925 |
2.5-3% | 137 | $18,025,000 | $131,569 |
7-8% | 47 | $4,135,000 | $87,979 |
Over 8% | 19 | $1,305,000 | $68,684 |
During 2022, Indiana's most frequently originated rate bucket was 3-4%, with 360 originations.
Loan Sizing (Indiana, PA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 832 | $47,440,000 | $57,019 |
$100k-200k | 538 | $74,480,000 | $138,439 |
$200k-400k | 208 | $53,590,000 | $257,644 |
$400k-600k | 25 | $11,695,000 | $467,800 |
$600k-1000k | 7 | $5,365,000 | $766,429 |
$Over $1MM | 1 | $1,005,000 | $1,005,000 |
Indiana's loan sizing saw the bucket of loans from $100,000 or less with 832 originations, totaling $47,440,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 541 | $83,415,000 | $154,187 |
60-80% | 357 | $49,505,000 | $138,669 |
20-40% | 217 | $14,235,000 | $65,599 |
40-60% | 171 | $16,885,000 | $98,743 |
Under 20% | 167 | $5,445,000 | $32,605 |
Over 100% | 11 | $2,295,000 | $208,636 |
Indiana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 541 originations, totaling $83,415,000 in origination value.