Indiana 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 Indiana averaged 6.96% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 6.99% and one month ago for the week of 2023-02-09, the average rate was 6.38%.

    Indiana's average rate one year ago was 4.21%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.58%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Indiana 30 Year Fixed Rate 2023-03-16 6.96%
    Indiana 30 Year Fixed Rate Refi 2023-03-16 6.58%
    Indiana 15 Year Fixed Rate 2023-03-16 6.54%
    Indiana 15 Year Fixed Rate Refi 2023-03-16 6.32%
    Indiana 30 Year FHA 2023-03-16 6.62%
    Indiana 30 Year FHA Refi 2023-03-16 6.29%
    Indiana 30 Year USDA 2023-03-16 6.72%
    Indiana 30 Year USDA Refi 2023-03-16 6.72%
    Indiana 30 Year VA 2023-03-16 6.34%
    Indiana 30 Year VA Refi 2023-03-16 6.05%
    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    S&T Bank 62 3.14% $5,130
    InFirst Bank 46 3.38% $3,548
    QUICKEN LOANS, LLC 42 3.25% $5,170
    First Commonwealth Bank 28 3.17% $3,924
    NORWICH COMMERCIAL GROUP, INC. 20 3.69% $6,262
    PENNSYLVANIA STATE EMPLOYEES Credit Union 19 3.14% $2,508
    CNB Bank 18 3.03% $4,399
    Citizens Bank 16 3.26% $3,987
    EMM LOANS LLC 13 2.86% $5,520
    First National Bank of Pennsylvania 12 3.06% $3,819
    PNC Bank 11 3.05% $3,795
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 3.22% $6,849
    Union Savings Bank 8 2.92% $3,225
    WEST PENN FINANCIAL SERVICE CENTER, INC. 7 3.00% $4,883
    Wells Fargo Bank 6 3.04% $3,659
    PRIMELENDING, A PLAINSCAPITAL COMPANY 5 3.22% $4,630
    UNION HOME MORTGAGE CORP. 5 3.30% $4,777
    Bank of America 5 2.68% $2,892
    UNITED WHOLESALE MORTGAGE, LLC 4 2.96% $5,608
    PLAZA HOME MORTGAGE, INC. 4 3.25% $4,616
    MOVEMENT MORTGAGE, LLC 4 3.25% $3,018
    AFFORDABLE MORTGAGE ADVISORS, LLC. 4 3.16% $4,001
    BETTER MORTGAGE CORPORATION 4 3.00% $3,550
    Flagstar Bank, FSB 3 3.20% $3,706
    LOANDEPOT.COM, LLC 3 3.25% $5,272
    HOWARD HANNA FINANCIAL SERVICES, INC. 3 2.83% $3,921
    JLB CORPORATION 3 3.13% $4,454
    AMERISAVE MORTGAGE CORPORATION 3 2.42% $8,233
    AmeriServ Financial Bank 3 2.96% $3,002
    The Farmers National Bank of Emlenton 3 3.58% $2,673
    Mr. Cooper ( Nationstar Mortgage ) 3 3.42% $5,407
    ZILLOW HOME LOANS, LLC 2 2.94% $4,425
    CALIBER HOME LOANS, INC. 2 2.88% $2,251
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.63% $3,148
    CROSSCOUNTRY MORTGAGE, LLC 2 3.12% $4,792
    EQUITY RESOURCES, INC. 2 2.88% $7,230
    First Federal Bank of the Midwest 2 3.06% $4,642
    GUARANTEED RATE AFFINITY, LLC 2 2.81% $3,733
    NAVY FEDERAL CREDIT UNION 2 3.63% $3,099
    NEWREZ LLC 2 3.25% $4,008
    PENNYMAC LOAN SERVICES, LLC 2 3.06% $4,522
    PENTAGON FEDERAL CREDIT UNION 2 3.19% $3,129
    Prosperity Home Mortgage, LLC 2 3.19% $4,234
    ROYAL UNITED MORTGAGE LLC 2 4.13% $6,831
    SOMERSET TRUST COMPANY 2 3.25% $3,265
    UTILITIES EMPLOYEES CREDIT UNION 2 3.13% $4,120
    Victorian Finance, LLC 2 2.94% $4,875
    Waterstone Mortgage Corporation 2 3.25% $6,405
    WELCOME HOME FINANCE, L.P. 2 2.93% $2,843
    WesBanco Bank, Inc. 2 3.13% $4,233
    First United Bank and Trust Company 1 3.25% $3,189
    First Merchants Bank 1 3.00% $3,709
    WESCOM CENTRAL CREDIT UNION 1 3.00% $3,113
    Washington Financial Bank 1 3.38% $7,501
    PHH Mortgage Corporation 1 3.13% $9,460
    First Heritage Mortgage, LLC 1 3.13% $5,630
    FirstBank 1 3.50% $3,527
    PREMIA MORTGAGE, LLC 1 3.13% $7,492
    FINANCE OF AMERICA MORTGAGE LLC 1 3.25% $5,206
    Bank of England 1 3.00% $4,538
    EVERETT FINANCIAL, INC. 1 3.25% $2,610
    RESIDENTIAL HOME FUNDING CORP. 1 2.50% $7,875
    RESIDENTIAL MORTGAGE SERVICES, INC. 1 2.75% $3,824
    York Traditions Bank 1 3.00% $3,715
    Sail Mortgage Corp. 1 2.50% $4,315
    BROKER SOLUTIONS, INC. 1 3.63% $5,464
    Equity Prime Mortgage LLC 1 2.88% $4,875
    Dollar Bank, Federal Savings Bank 1 2.88% $5,131
    DIRECT MORTGAGE LOANS, LLC 1 3.38% $4,503
    CONTOUR MORTGAGE CORPORATION 1 3.13% $6,424
    InterContinental Capital Group, Inc 1 3.00% $6,483
    KeyBank 1 3.75% $7,500
    Homesale Mortgage, LLC 1 3.13% $3,132
    LOANPAL, LLC 1 2.99% $3,269
    MCLEAN MORTGAGE CORPORATION 1 3.25% $3,923
    Mortgage Research Center, LLC 1 3.25% $4,294
    HOME POINT FINANCIAL CORPORATION 1 2.88% $9,273
    Goldwater Bank, N.A. 1 3.50% $4,323
    Citizens & Northern Bank 1 3.00% $3,442
    AMERICAN FINANCIAL NETWORK, INC. 1 3.13% $11,680
    NEXTIER BANK, NATIONAL ASSOCIATION 1 3.88% $4,400
    Northwest Bank 1 2.75% $5,487

    Indiana Average Closing Costs & Other Stats

    Indiana, PA's 82 lenders originated 2,203 loans during 2021. The total origination value was $302,795,000, with an average loan value of $137,447.

    Indiana's average closing costs are $4,684.

    The top Indiana lender as defined by loan originations is S&T Bank, with 62 loans originated. Their average total fees are $5,130, which is $1,582 higher than the next largest lender, InFirst Bank.

    The lowest fee Indiana lenders (with over 10 loans originated) are PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,508), InFirst Bank ($3,548), PNC Bank ($3,795), First National Bank of Pennsylvania ($3,819) and First Commonwealth Bank ($3,924).

    The lowest rate Indiana lenders (with over 10 loans originated) are EMM LOANS LLC (2.86%), CNB Bank (3.03%), PNC Bank (3.05%), First National Bank of Pennsylvania (3.06%) and S&T Bank (3.14%).

    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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    S&T Bank $42,655,000 $40,715,000 -4.5% 13.4%
    First Commonwealth Bank $29,480,000 $29,815,000 1.1% 9.8%
    InFirst Bank $24,975,000 $28,660,000 14.8% 9.5%
    Capital One $17,605,000 n/a 5.8%
    QUICKEN LOANS, LLC $15,085,000 $16,515,000 9.5% 5.5%
    CNB Bank $3,590,000 $11,480,000 219.8% 3.8%
    Marion Center Bank $10,820,000 $11,405,000 5.4% 3.8%
    First National Bank of Pennsylvania $6,405,000 $8,315,000 29.8% 2.7%
    NORWICH COMMERCIAL GROUP, INC. $6,445,000 $7,785,000 20.8% 2.6%
    PENNSYLVANIA STATE EMPLOYEES Credit Union $7,200,000 $7,180,000 -0.3% 2.4%
    1st Summit Bank $2,860,000 $6,235,000 118.0% 2.1%
    EMM LOANS LLC $3,245,000 $5,765,000 77.7% 1.9%
    PNC Bank $5,165,000 $5,730,000 10.9% 1.9%
    Citizens Bank $3,890,000 $5,030,000 29.3% 1.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,220,000 $4,930,000 122.1% 1.6%
    Seven Seventeen Credit Union $45,000 $4,495,000 9,888.9% 1.5%
    Elderton State Bank $5,265,000 $4,300,000 -18.3% 1.4%
    Mortgage Research Center, LLC $3,120,000 $3,545,000 13.6% 1.2%
    UNION HOME MORTGAGE CORP. $1,710,000 $3,405,000 99.1% 1.1%
    WEST PENN FINANCIAL SERVICE CENTER, INC. $1,865,000 $3,010,000 61.4% 1.0%
    Wells Fargo Bank $1,330,000 $2,910,000 118.8% 1.0%
    Union Savings Bank $250,000 $2,630,000 952.0% 0.9%
    NAVY FEDERAL CREDIT UNION $2,305,000 $2,570,000 11.5% 0.8%
    FREEDOM MORTGAGE CORPORATION $4,045,000 $2,530,000 -37.5% 0.8%
    UNITED WHOLESALE MORTGAGE, LLC $850,000 $2,470,000 190.6% 0.8%
    NEWREZ LLC $600,000 $2,045,000 240.8% 0.7%
    PENNYMAC LOAN SERVICES, LLC $560,000 $2,015,000 259.8% 0.7%
    First Federal Bank of the Midwest $720,000 $2,010,000 179.2% 0.7%
    Dollar Bank, Federal Savings Bank $1,515,000 $1,970,000 30.0% 0.7%
    LOANDEPOT.COM, LLC $1,065,000 $1,890,000 77.5% 0.6%
    BETTER MORTGAGE CORPORATION $305,000 $1,795,000 488.5% 0.6%
    VILLAGE CAPITAL & INVESTMENT LLC $665,000 $1,695,000 154.9% 0.6%
    WALKER & DUNLOP, LLC $1,695,000 n/a 0.6%
    MOVEMENT MORTGAGE, LLC $1,595,000 n/a 0.5%
    SOMERSET TRUST COMPANY $1,405,000 $1,575,000 12.1% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $880,000 $1,560,000 77.3% 0.5%
    EQUITY RESOURCES, INC. $870,000 $1,530,000 75.9% 0.5%
    Bank of America $865,000 $1,515,000 75.1% 0.5%
    PLAZA HOME MORTGAGE, INC. $1,365,000 $1,395,000 2.2% 0.5%
    AMERISAVE MORTGAGE CORPORATION $895,000 $1,380,000 54.2% 0.5%
    AFFORDABLE MORTGAGE ADVISORS, LLC. $1,325,000 n/a 0.4%
    ARC HOME LLC $435,000 $1,170,000 169.0% 0.4%
    First Guaranty Mortgage Corporation $185,000 $1,160,000 527.0% 0.4%
    JLB CORPORATION $860,000 $1,130,000 31.4% 0.4%
    Carrington Mortgage Services, LLC $290,000 $1,080,000 272.4% 0.4%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,180,000 $1,080,000 -8.5% 0.4%
    Flagstar Bank, FSB $55,000 $1,060,000 1,827.3% 0.4%
    The Farmers National Bank of Emlenton $50,000 $1,000,000 1,900.0% 0.3%
    NEXTIER BANK, NATIONAL ASSOCIATION $220,000 $910,000 313.6% 0.3%
    HOME POINT FINANCIAL CORPORATION $425,000 $880,000 107.1% 0.3%
    Victorian Finance, LLC $295,000 $820,000 178.0% 0.3%
    UTILITIES EMPLOYEES CREDIT UNION $390,000 $730,000 87.2% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $400,000 $725,000 81.3% 0.2%
    U.S. Bank $165,000 $660,000 300.0% 0.2%
    BROKER SOLUTIONS, INC. $690,000 $650,000 -5.8% 0.2%
    RELIANCE FIRST CAPITAL, LLC $725,000 $650,000 -10.3% 0.2%
    HOWARD HANNA FINANCIAL SERVICES, INC. $695,000 $605,000 -12.9% 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $195,000 $600,000 207.7% 0.2%
    WELCOME HOME FINANCE, L.P. $240,000 $585,000 143.8% 0.2%
    InterContinental Capital Group, Inc $575,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $555,000 n/a 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $245,000 $550,000 124.5% 0.2%
    Northwest Bank $895,000 $550,000 -38.5% 0.2%
    PennCrest Bank $460,000 $545,000 18.5% 0.2%
    USAA Federal Savings Bank $1,810,000 $535,000 -70.4% 0.2%
    Prosperity Home Mortgage, LLC $490,000 n/a 0.2%
    JPMorgan Chase Bank $190,000 $480,000 152.6% 0.2%
    WesBanco Bank, Inc. $155,000 $480,000 209.7% 0.2%
    GUARANTEED RATE AFFINITY, LLC $270,000 $470,000 74.1% 0.2%
    The Huntington National Bank $640,000 $450,000 -29.7% 0.1%
    AmeriServ Financial Bank $1,900,000 $440,000 -76.8% 0.1%
    CALIBER HOME LOANS, INC. $135,000 $440,000 225.9% 0.1%
    ZILLOW HOME LOANS, LLC $215,000 $440,000 104.7% 0.1%
    ROYAL UNITED MORTGAGE LLC $420,000 $425,000 1.2% 0.1%
    Waterstone Mortgage Corporation $55,000 $400,000 627.3% 0.1%
    The Federal Savings Bank $390,000 n/a 0.1%
    AMERICAN HERITAGE FCU $375,000 n/a 0.1%
    Meridian Bank Corporation $705,000 $365,000 -48.2% 0.1%
    TOWNE MORTGAGE COMPANY $65,000 $330,000 407.7% 0.1%
    Magnolia Bank $325,000 n/a 0.1%
    Mid-Continent Funding, Inc. $325,000 n/a 0.1%
    KeyBank $215,000 $315,000 46.5% 0.1%
    Nations Lending Corporation $155,000 $310,000 100.0% 0.1%
    RESIDENTIAL MORTGAGE SERVICES, INC. $300,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $665,000 $290,000 -56.4% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $165,000 $285,000 72.7% 0.1%
    Washington Financial Bank $285,000 n/a 0.1%
    Community Bank $275,000 n/a 0.1%
    CONTOUR MORTGAGE CORPORATION $185,000 $265,000 43.2% 0.1%
    Florida Capital Bank $265,000 n/a 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $350,000 $260,000 -25.7% 0.1%
    FINANCE OF AMERICA MORTGAGE LLC $145,000 $260,000 79.3% 0.1%
    PREMIA MORTGAGE, LLC $185,000 $255,000 37.8% 0.1%
    CFSBANK $235,000 $245,000 4.3% 0.1%
    Wyndham Capital Mortgage, Inc. $245,000 $245,000 0.0% 0.1%
    PHH Mortgage Corporation $165,000 $235,000 42.4% 0.1%
    PLANET HOME LENDING, LLC $235,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $225,000 n/a 0.1%
    TIAA, FSB $75,000 $220,000 193.3% 0.1%
    ABSOLUTE HOME MORTGAGE CORPORATION $215,000 n/a 0.1%
    NATIONWIDE MORTGAGE BANKERS, INC. $215,000 n/a 0.1%
    Sail Mortgage Corp. $305,000 $205,000 -32.8% 0.1%
    Manufacturers and Traders Trust Company $200,000 n/a 0.1%
    DEVELOPER'S MORTGAGE COMPANY $195,000 n/a 0.1%
    First Heritage Mortgage, LLC $185,000 $195,000 5.4% 0.1%
    United Bank $190,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $85,000 $185,000 117.6% 0.1%
    MCLEAN MORTGAGE CORPORATION $195,000 $185,000 -5.1% 0.1%
    Bank of England $75,000 $175,000 133.3% 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $175,000 n/a 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $165,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $165,000 n/a 0.1%
    OCEANSIDE MORTGAGE COMPANY $165,000 $165,000 0.0% 0.1%
    Citizens & Northern Bank $155,000 n/a 0.1%
    First Merchants Bank $155,000 n/a 0.1%
    GUARANTEED RATE, INC. $255,000 $155,000 -39.2% 0.1%
    Reliance Savings Bank $105,000 $155,000 47.6% 0.1%
    WESCOM CENTRAL CREDIT UNION $145,000 n/a 0.0%
    Figure Lending LLC $140,000 n/a 0.0%
    Austin Capital Bank SSB $135,000 n/a 0.0%
    RESIDENTIAL HOME FUNDING CORP. $320,000 $135,000 -57.8% 0.0%
    Westmoreland Federal Savings $395,000 $135,000 -65.8% 0.0%
    ACADEMY MORTGAGE CORPORATION $125,000 n/a 0.0%
    Clearview Federal Credit Union $310,000 $125,000 -59.7% 0.0%
    Goldwater Bank, N.A. $125,000 n/a 0.0%
    Truist Bank $125,000 n/a 0.0%
    VAN DYK MORTGAGE CORPORATION $125,000 n/a 0.0%
    21ST MORTGAGE CORPORATION $65,000 $120,000 84.6% 0.0%
    Barrington Bank & Trust Company, N.A. $220,000 $115,000 -47.7% 0.0%
    Third Federal Savings and Loan Association of Cleveland $115,000 n/a 0.0%
    EVERETT FINANCIAL, INC. $105,000 n/a 0.0%
    Jersey Shore State Bank $105,000 n/a 0.0%
    Gateway First Bank $180,000 $95,000 -47.2% 0.0%
    OMEGA Federal Credit Union $45,000 $95,000 111.1% 0.0%
    AMERICAN ADVISORS GROUP $65,000 $85,000 30.8% 0.0%
    C-B-W Schools Federal Credit Union $85,000 $85,000 0.0% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $85,000 n/a 0.0%
    DIRECT MORTGAGE LOANS, LLC $85,000 n/a 0.0%
    LIMA ONE CAPITAL, LLC $85,000 n/a 0.0%
    LOANPAL, LLC $135,000 $85,000 -37.0% 0.0%
    West-Aircomm Federal Credit Union $85,000 n/a 0.0%
    Ally Bank $75,000 n/a 0.0%
    CHURCHILL MORTGAGE CORPORATION $410,000 $75,000 -81.7% 0.0%
    First United Bank and Trust Company $75,000 n/a 0.0%
    SSB Bank $125,000 $70,000 -44.0% 0.0%
    FirstBank $65,000 n/a 0.0%
    LIBERTY HOME MORTGAGE CORPORATION $65,000 n/a 0.0%
    MICHIGAN MUTUAL, INC. $65,000 n/a 0.0%
    York Traditions Bank $65,000 n/a 0.0%
    Equity Prime Mortgage LLC $125,000 $55,000 -56.0% 0.0%
    Homesale Mortgage, LLC $55,000 n/a 0.0%

    Indiana's top lender by overall market share is S&T Bank, with 13.4% market share. In second place, with 9.8%, is First Commonwealth Bank, having originated $29,815,000 in loans. In third place, with 9.5%, is InFirst Bank, having originated $28,660,000 in loans. In fourth place, with 5.8%, is Capital One, having originated $17,605,000 in loans. In fifth place, with 5.5%, is QUICKEN LOANS, LLC, having originated $16,515,000 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 $108,625 (-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%) $183,959 (-1.2%) 0.00 124
    2021-09-01 $132,400 (6.0%) $177,348 (-2.7%) 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%) $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
    Indiana's median listing price for 2023-02-01 was $139,000, a difference of $25,025 (22.0%) versus the prior year and $1,765 versus the prior month.

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

    Indiana's average listing price for 2023-02-01 was $193,776, a difference of $26,635 (15.9%) versus the prior year and $11,644 versus the prior month.

    For the 2023-02-01 period, Indiana had 82 MLS listings, a difference of -2 listings (-2%) versus the prior month and -12 listings (-13%) 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 1,596 sqft
    2018-02-01 0 days 1,598 sqft
    2018-03-01 0 days 1,600 sqft
    2018-04-01 0 days 1,591 sqft
    2018-05-01 0 days 1,593 sqft
    2018-06-01 0 days 1,610 sqft
    2018-07-01 0 days 1,642 sqft
    2018-08-01 0 days 1,705 sqft
    2018-09-01 0 days 1,709 sqft
    2018-10-01 0 days 1,696 sqft
    2018-11-01 0 days 1,673 sqft
    2018-12-01 0 days 1,705 sqft
    2019-01-01 0 days 1,706 sqft
    2019-02-01 0 days 1,736 sqft
    2019-03-01 0 days 1,758 sqft
    2019-04-01 0 days 1,765 sqft
    2019-05-01 0 days 1,828 sqft
    2019-06-01 0 days 1,829 sqft
    2019-07-01 0 days 1,735 sqft
    2019-08-01 0 days 1,705 sqft
    2019-09-01 0 days 1,687 sqft
    2019-10-01 0 days 1,672 sqft
    2019-11-01 0 days 1,632 sqft
    2019-12-01 0 days 1,623 sqft
    2020-01-01 0 days 1,619 sqft
    2020-02-01 0 days 1,600 sqft
    2020-03-01 0 days 1,629 sqft
    2020-04-01 0 days 1,674 sqft
    2020-05-01 0 days 1,677 sqft
    2020-06-01 0 days 1,671 sqft
    2020-07-01 0 days 1,622 sqft
    2020-08-01 0 days 1,598 sqft
    2020-09-01 0 days 1,600 sqft
    2020-10-01 0 days 1,642 sqft
    2020-11-01 0 days 1,590 sqft
    2020-12-01 0 days 1,580 sqft
    2021-01-01 0 days 1,551 sqft
    2021-02-01 0 days 1,545 sqft
    2021-03-01 0 days 1,551 sqft
    2021-04-01 0 days 1,627 sqft
    2021-05-01 0 days 1,640 sqft
    2021-06-01 0 days 1,567 sqft
    2021-07-01 0 days 1,562 sqft
    2021-08-01 0 days 1,562 sqft
    2021-09-01 0 days 1,570 sqft
    2021-10-01 0 days 1,547 sqft
    2021-11-01 0 days 1,550 sqft
    2021-12-01 0 days 1,550 sqft
    2022-01-01 0 days 1,564 sqft
    2022-02-01 0 days 1,513 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 1,600 sqft
    2022-09-01 0 days 1,603 sqft
    2022-10-01 0 days 1,517 sqft
    2022-11-01 0 days 1,459 sqft
    2022-12-01 0 days 1,422 sqft
    2023-01-01 0 days 1,546 sqft
    2023-02-01 0 days 1,626 sqft
    Indiana's median listing age (time on market) for 2023-02-01 was 0 days.

    Indiana's median square footage for active listings during the 2023-02-01 period was 1,626 sqft. One year prior, the average listing was 1,513 sqft.

    Indiana, PA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Refi 899 $141,865,000 $157,803
    Home Purchase 784 $116,420,000 $148,495
    Home Improvement 202 $11,850,000 $58,663
    Other 161 $11,065,000 $68,727
    Cash Out Refi 157 $21,595,000 $137,548

    Indiana's most frequently cited loan purpose was Refi, with 899 originations. The 2nd most popular reason was Home Purchase, with 784 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 711 $95,275,000 $134,001
    3-4% 693 $95,325,000 $137,554
    <2.5% 490 $56,790,000 $115,898
    4-5% 111 $11,875,000 $106,982
    5-6% 11 $2,585,000 $235,000
    6-7% 6 $230,000 $38,333
    Over 8% 4 $130,000 $32,500
    7-8% 1 $45,000 $45,000

    During 2021, Indiana's most frequently originated rate bucket was 2.5-3%, with 711 originations.

    Loan Sizing (Indiana, PA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 978 $58,850,000 $60,174
    $100k-200k 852 $118,110,000 $138,627
    $200k-400k 344 $89,950,000 $261,483
    $400k-600k 19 $8,345,000 $439,211
    $600k-1000k 5 $3,745,000 $749,000
    $Over $1MM 5 $23,795,000 $4,759,000

    Indiana's loan sizing saw the bucket of loans from $100,000 or less with 978 originations, totaling $58,850,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 737 $110,355,000 $149,735
    60-80% 598 $111,570,000 $186,572
    40-60% 269 $28,185,000 $104,777
    20-40% 219 $15,175,000 $69,292
    Under 20% 147 $4,605,000 $31,327
    Over 100% 21 $4,125,000 $196,429

    Indiana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 737 originations, totaling $110,355,000 in origination value.