Kendallville Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Kendallville averaged 6.82% 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 7.15% and one month ago for the week of 2023-02-09, the average rate was 6.34%.

Kendallville's average rate one year ago was 4.18%.

For refis of the same type during the week of 2023-03-16, the average rate was 6.87%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-16 6.6%
Kendallville 30 Year Fixed Rate 2023-03-16 6.82%
Kendallville 30 Year Fixed Rate Refi 2023-03-16 6.87%
Kendallville 15 Year Fixed Rate 2023-03-16 7.05%
Kendallville 15 Year Fixed Rate Refi 2023-03-16 6.49%
Kendallville 30 Year FHA 2023-03-16 6.48%
Kendallville 30 Year FHA Refi 2023-03-16 6.44%
Kendallville 30 Year USDA 2023-03-16 6.71%
Kendallville 30 Year USDA Refi 2023-03-16 6.45%
Kendallville 30 Year VA 2023-03-16 6.55%
Kendallville 30 Year VA Refi 2023-03-16 5.69%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Kendallville, IN.

Kendallville 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 Kendallville, IN 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
RUOFF MORTGAGE COMPANY, INC. 49 5.61% $2,895
Farmers State Bank 34 4.72% $2,729
Three Rivers Federal Credit Union 27 5.20% $2,569
QUICKEN LOANS, LLC 22 5.11% $5,981
VAN DYK MORTGAGE CORPORATION 22 5.39% $3,001
JPMorgan Chase Bank 21 5.02% $4,244
INTERRA CREDIT UNION 20 5.11% $3,051
HALLMARK HOME MORTGAGE, LLC 19 5.52% $4,033
ProFed Federal Credit Union 19 5.02% $2,273
Farm Credit Mid-America, ACA 14 5.63% $5,222
GVC MORTGAGE, INC. 14 6.41% $3,785
TEACHERS CREDIT UNION 9 6.35% $2,333
Horizon Bank 8 5.31% $2,504
Lake City Bank 7 4.88% $2,374
UNION HOME MORTGAGE CORP. 7 5.39% $3,242
UNITED WHOLESALE MORTGAGE, LLC 5 5.35% $2,966
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 5 6.27% $5,193
LOANDEPOT.COM, LLC 5 4.27% $6,055
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 5 5.55% $3,202
Flagstar Bank, FSB 4 4.69% $3,983
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.09% $4,135
MIDWEST AMERICA 4 5.09% $3,061
Fifth Third Bank 4 5.09% $2,715
AMERISAVE MORTGAGE CORPORATION 3 4.21% $9,877
PARTNERS 1ST Federal Credit Union 3 4.04% $2,288
GENEVA FINANCIAL, LLC 3 5.46% $5,049
FREEDOM MORTGAGE CORPORATION 3 5.38% $7,484
Wells Fargo Bank 3 5.67% $4,105
First Federal Savings Bank 3 4.00% $3,290
First State Bank of Middlebury 3 4.50% $2,254
Mr. Cooper ( Nationstar Mortgage ) 3 4.83% $8,995
ROYAL UNITED MORTGAGE LLC 2 6.13% $6,432
Associated Bank 2 5.56% $4,345
Carrington Mortgage Services, LLC 2 3.75% $4,916
CROSSCOUNTRY MORTGAGE, LLC 2 5.79% $4,516
Crossroads Bank 2 4.25% $1,395
First Federal Savings Bank 2 5.63% $5,285
FORT FINANCIAL Federal Credit Union 2 4.44% $3,369
LAKEVIEW LOAN SERVICING, LLC 2 4.81% $3,488
MID AMERICA MORTGAGE, INC. 2 5.06% $3,557
PNC Bank 2 5.69% $3,420
ACADEMY MORTGAGE CORPORATION 2 6.31% $3,015
STAR Financial Bank 2 5.19% $7,903
The State Bank and Trust Company 2 3.75% $2,800
Union Savings Bank 2 3.56% $704
V.I.P. MORTGAGE, INC. 2 5.93% $3,027
EVERENCE FEDERAL CREDIT UNION 1 6.25% $2,285
MEMBER FIRST MORTGAGE, LLC 1 6.88% $3,224
AMERICAN FINANCING CORPORATION 1 4.38% $4,253
Elements Financial Federal Credit Union 1 5.13% $2,590
Mortgage Research Center, LLC 1 5.38% $2,466
MOVEMENT MORTGAGE, LLC 1 7.63% $5,327
DRAPER AND KRAMER MORTGAGE CORP. 1 5.13% $2,668
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $3,774
Notre Dame Federal Credit Union Corporation 1 7.25% $5,076
Cornerstone First Mortgage, Inc 1 4.75% $3,135
PENNYMAC LOAN SERVICES, LLC 1 6.38% $5,591
Bankers' Bank 1 4.63% $2,794
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $4,203
Citizens Bank 1 7.00% $2,743
CHURCHILL MORTGAGE CORPORATION 1 6.99% $3,461
U.S. Bank 1 4.88% $2,007
Centier Bank 1 5.25% $2,391
SOUTHWEST FUNDING, LP 1 5.99% $5,614
AmeriHome Mortgage Company, LLC 1 5.88% $4,661
Stifel Bank and Trust 1 3.75% $2,205
SUCCESS MORTGAGE PARTNERS, INC. 1 3.99% $1,981
CALIBER HOME LOANS, INC. 1 3.38% $3,743
The Dart Bank 1 6.25% $2,492
The Farmers & Merchants State Bank 1 4.29% $7,227
The Huntington National Bank 1 2.88% $5,237
Wolfe Financial, Inc 1 5.75% $2,794
BROKER SOLUTIONS, INC. 1 5.24% $3,279
Truist 1 4.88% $2,799
HOMESIDE FINANCIAL, LLC 1 5.00% $2,513
HONDA Federal Credit Union 1 3.50% $3,027
GUARANTEED RATE, INC. 1 4.63% $3,199
Gold Coast Bank 1 3.25% $2,549
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.49% $2,106
KeyBank 1 5.13% $2,505
EVERETT FINANCIAL, INC. 1 6.00% $1,632
Bank of England 1 5.00% $4,477

Kendallville Average Closing Costs & Other Stats

Kendallville, IN's 82 lenders originated 1,403 loans during 2022. The total origination value was $206,735,000, with an average loan value of $147,352.

Kendallville's average closing costs are $3,396.

The top Kendallville lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 49 loans originated. Their average total fees are $2,895, which is $167 higher than the next largest lender, Farmers State Bank.

The lowest fee Kendallville lenders (with over 10 loans originated) are ProFed Federal Credit Union ($2,273), Three Rivers Federal Credit Union ($2,569), Farmers State Bank ($2,729), RUOFF MORTGAGE COMPANY, INC. ($2,895) and VAN DYK MORTGAGE CORPORATION ($3,001).

The lowest rate Kendallville lenders (with over 10 loans originated) are Farmers State Bank (4.72%), ProFed Federal Credit Union (5.02%), JPMorgan Chase Bank (5.02%), INTERRA CREDIT UNION (5.11%) and QUICKEN LOANS, LLC (5.11%).

Kendallville, IN 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
Farmers State Bank $13,900,000 $18,485,000 33.0% 8.9%
RUOFF MORTGAGE COMPANY, INC. $32,320,000 $16,515,000 -48.9% 8.0%
Three Rivers Federal Credit Union $22,115,000 $13,630,000 -38.4% 6.6%
Lake City Bank $9,405,000 $11,565,000 23.0% 5.6%
VAN DYK MORTGAGE CORPORATION $12,195,000 $9,785,000 -19.8% 4.7%
QUICKEN LOANS, LLC $16,920,000 $9,680,000 -42.8% 4.7%
INTERRA CREDIT UNION $8,620,000 $8,290,000 -3.8% 4.0%
The Campbell & Fetter Bank $14,050,000 $7,625,000 -45.7% 3.7%
The Garrett State Bank $7,300,000 $5,865,000 -19.7% 2.8%
JPMorgan Chase Bank $5,905,000 $5,840,000 -1.1% 2.8%
HALLMARK HOME MORTGAGE, LLC $12,035,000 $5,280,000 -56.1% 2.6%
Farmers and Merchants Bank $3,445,000 $4,905,000 42.4% 2.4%
ProFed Federal Credit Union $14,360,000 $4,800,000 -66.6% 2.3%
GVC MORTGAGE, INC. $4,180,000 $4,140,000 -1.0% 2.0%
Horizon Bank $7,370,000 $3,965,000 -46.2% 1.9%
Farm Credit Mid-America, ACA $5,665,000 $3,755,000 -33.7% 1.8%
Mortgage Research Center, LLC $1,600,000 $2,720,000 70.0% 1.3%
STAR Financial Bank $4,210,000 $2,605,000 -38.1% 1.3%
TEACHERS CREDIT UNION $4,025,000 $2,545,000 -36.8% 1.2%
LOANDEPOT.COM, LLC $3,315,000 $2,260,000 -31.8% 1.1%
FREEDOM MORTGAGE CORPORATION $6,105,000 $2,255,000 -63.1% 1.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $1,680,000 $2,070,000 23.2% 1.0%
MIDWEST AMERICA $4,620,000 $2,020,000 -56.3% 1.0%
PNC Bank $1,665,000 $1,900,000 14.1% 0.9%
UNITED WHOLESALE MORTGAGE, LLC $1,930,000 $1,770,000 -8.3% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $1,815,000 $1,705,000 -6.1% 0.8%
Wells Fargo Bank $1,890,000 $1,555,000 -17.7% 0.8%
Fifth Third Bank $2,240,000 $1,465,000 -34.6% 0.7%
V.I.P. MORTGAGE, INC. $2,770,000 $1,450,000 -47.7% 0.7%
UNION HOME MORTGAGE CORP. $2,740,000 $1,445,000 -47.3% 0.7%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,515,000 $1,395,000 -44.5% 0.7%
Flagstar Bank, FSB $1,420,000 $1,355,000 -4.6% 0.7%
Union Savings Bank $4,030,000 $1,340,000 -66.7% 0.6%
MID AMERICA MORTGAGE, INC. $3,385,000 $1,235,000 -63.5% 0.6%
ACADEMY MORTGAGE CORPORATION $915,000 $1,195,000 30.6% 0.6%
First Federal Bank of the Midwest $115,000 $1,195,000 939.1% 0.6%
CALIBER HOME LOANS, INC. $2,385,000 $1,150,000 -51.8% 0.6%
GENEVA FINANCIAL, LLC $1,140,000 n/a 0.6%
1st Source Bank $2,815,000 $980,000 -65.2% 0.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $980,000 n/a 0.5%
Community First Bank of Indiana $975,000 n/a 0.5%
The Huntington National Bank $2,770,000 $955,000 -65.5% 0.5%
First Federal Savings Bank $1,515,000 $950,000 -37.3% 0.5%
The Farmers & Merchants State Bank $575,000 $945,000 64.3% 0.5%
FORT FINANCIAL Federal Credit Union $1,910,000 $940,000 -50.8% 0.5%
PARTNERS 1ST Federal Credit Union $985,000 $940,000 -4.6% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,870,000 $875,000 -53.2% 0.4%
First Merchants Bank $1,325,000 $850,000 -35.8% 0.4%
AMERISAVE MORTGAGE CORPORATION $870,000 $780,000 -10.3% 0.4%
Nations Lending Corporation $1,420,000 $780,000 -45.1% 0.4%
The State Bank and Trust Company $1,450,000 $780,000 -46.2% 0.4%
Crossroads Bank $2,505,000 $760,000 -69.7% 0.4%
VILLAGE CAPITAL MORTGAGE $1,445,000 $740,000 -48.8% 0.4%
First Federal Savings Bank $1,515,000 $700,000 -53.8% 0.3%
FIRST CHOICE MH LLC $560,000 $665,000 18.8% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,010,000 $655,000 -35.1% 0.3%
PENNYMAC LOAN SERVICES, LLC $2,065,000 $605,000 -70.7% 0.3%
Bankers' Bank $600,000 n/a 0.3%
Citizens Bank $1,180,000 $560,000 -52.5% 0.3%
AMERICAN MORTGAGE SERVICE COMPANY $565,000 $555,000 -1.8% 0.3%
First State Bank of Middlebury $1,610,000 $545,000 -66.1% 0.3%
EVERETT FINANCIAL, INC. $125,000 $515,000 312.0% 0.2%
AMERICAN FINANCING CORPORATION $395,000 $510,000 29.1% 0.2%
GUARANTEED RATE, INC. $545,000 $485,000 -11.0% 0.2%
Associated Bank $450,000 n/a 0.2%
Elements Financial Federal Credit Union $45,000 $435,000 866.7% 0.2%
NAVY FEDERAL CREDIT UNION $515,000 $435,000 -15.5% 0.2%
NEWREZ LLC $2,200,000 $435,000 -80.2% 0.2%
MICHIGAN MUTUAL, INC. $565,000 $430,000 -23.9% 0.2%
The Federal Savings Bank $290,000 $430,000 48.3% 0.2%
Carrington Mortgage Services, LLC $985,000 $425,000 -56.9% 0.2%
AmeriHome Mortgage Company, LLC $305,000 $420,000 37.7% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $900,000 $415,000 -53.9% 0.2%
Wolfe Financial, Inc $415,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $495,000 $410,000 -17.2% 0.2%
HONDA Federal Credit Union $405,000 n/a 0.2%
KeyBank $655,000 $400,000 -38.9% 0.2%
Truist $355,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $525,000 $340,000 -35.2% 0.2%
NEW DAY FINANCIAL, LLC $355,000 $340,000 -4.2% 0.2%
Gateway First Bank $295,000 n/a 0.1%
BROKER SOLUTIONS, INC. $385,000 $290,000 -24.7% 0.1%
USAA Federal Savings Bank $275,000 n/a 0.1%
Stifel Bank and Trust $265,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $250,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $295,000 $245,000 -16.9% 0.1%
ZILLOW HOME LOANS, LLC $195,000 $245,000 25.6% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $220,000 $230,000 4.5% 0.1%
Loan Simple, Inc. $220,000 n/a 0.1%
Servion, Inc. $215,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $195,000 n/a 0.1%
Gold Coast Bank $195,000 n/a 0.1%
Bank of America $805,000 $190,000 -76.4% 0.1%
Bank of England $145,000 $185,000 27.6% 0.1%
M&T Bank $185,000 n/a 0.1%
NFM, INC. $185,000 n/a 0.1%
Old National Bank $610,000 $185,000 -69.7% 0.1%
21ST MORTGAGE CORPORATION $175,000 n/a 0.1%
Discover Bank $85,000 $175,000 105.9% 0.1%
Residential Mortgage Solutions, Inc. $175,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $170,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $660,000 $170,000 -74.2% 0.1%
Cornerstone First Mortgage, Inc $165,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $165,000 n/a 0.1%
EMM LOANS LLC $165,000 n/a 0.1%
First Financial Bank $165,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $225,000 $165,000 -26.7% 0.1%
OCEANSIDE MORTGAGE COMPANY $335,000 $165,000 -50.7% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $155,000 $165,000 6.5% 0.1%
RELIANCE FIRST CAPITAL, LLC $240,000 $165,000 -31.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $180,000 $155,000 -13.9% 0.1%
Notre Dame Federal Credit Union Corporation $95,000 $145,000 52.6% 0.1%
SOUTHWEST FUNDING, LP $145,000 n/a 0.1%
The Dart Bank $145,000 n/a 0.1%
AMERICAN ADVISORS GROUP $135,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $135,000 n/a 0.1%
EVERENCE FEDERAL CREDIT UNION $125,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $390,000 $125,000 -67.9% 0.1%
Centier Bank $75,000 $115,000 53.3% 0.1%
Chicago Mortgage Solutions LLC $115,000 n/a 0.1%
MIDLAND MORTGAGE CORPORATION $115,000 n/a 0.1%
THRIVE MORTGAGE, LLC $175,000 $115,000 -34.3% 0.1%
U.S. Bank $110,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $105,000 $105,000 0.0% 0.1%
LENDINGHOME FUNDING CORPORATION $105,000 n/a 0.1%
Fire Police City County Federal Credit Union $755,000 $95,000 -87.4% 0.0%
LOANPAL, LLC $165,000 $95,000 -42.4% 0.0%
MEMBER FIRST MORTGAGE, LLC $95,000 n/a 0.0%
Figure Lending LLC $120,000 $90,000 -25.0% 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $720,000 $85,000 -88.2% 0.0%
BEACON CREDIT UNION $345,000 $75,000 -78.3% 0.0%
LIMA ONE CAPITAL, LLC $65,000 n/a 0.0%
INOVA FEDERAL CREDIT UNION $55,000 n/a 0.0%
Northwest Bank $725,000 $35,000 -95.2% 0.0%
SPRING EQ, LLC $80,000 $35,000 -56.3% 0.0%
CHARTWAY FEDERAL CREDIT UNION $25,000 n/a 0.0%

Kendallville's top lender by overall market share is Farmers State Bank, with 8.9% market share. In second place, with 8.0%, is RUOFF MORTGAGE COMPANY, INC., having originated $16,515,000 in loans. In third place, with 6.6%, is Three Rivers Federal Credit Union, having originated $13,630,000 in loans. In fourth place, with 5.6%, is Lake City Bank, having originated $11,565,000 in loans. In fifth place, with 4.7%, is VAN DYK MORTGAGE CORPORATION, having originated $9,785,000 in loans.


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

Realtor.com - Kendallville (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 $135,425 (8.6%) $187,434 (24.6%) 0.00 99
2018-02-01 $131,450 (6.8%) $176,709 (15.9%) 0.00 103
2018-03-01 $131,250 (-4.9%) $174,433 (6.8%) 0.00 95
2018-04-01 $143,400 (4.0%) $198,548 (25.6%) 0.00 103
2018-05-01 $139,900 (5.0%) $194,251 (20.7%) 0.00 113
2018-06-01 $148,500 (11.8%) $206,714 (30.4%) 0.00 130
2018-07-01 $139,200 (11.5%) $205,549 (33.5%) 0.00 135
2018-08-01 $138,800 (11.9%) $227,618 (44.9%) 0.00 130
2018-09-01 $149,900 (15.4%) $233,356 (39.4%) 0.00 114
2018-10-01 $149,700 (7.5%) $231,710 (28.0%) 0.00 107
2018-11-01 $149,900 (8.2%) $230,988 (27.3%) 0.00 104
2018-12-01 $154,450 (18.9%) $235,503 (32.7%) 0.00 97
2019-01-01 $139,050 (2.7%) $228,030 (21.7%) 0.00 97
2019-02-01 $137,350 (4.5%) $244,028 (38.1%) 0.00 96
2019-03-01 $155,100 (18.2%) $264,282 (51.5%) 0.00 92
2019-04-01 $186,050 (29.7%) $284,185 (43.1%) 0.00 90
2019-05-01 $199,675 (42.7%) $292,834 (50.8%) 0.00 90
2019-06-01 $199,000 (34.0%) $278,993 (35.0%) 0.00 100
2019-07-01 $186,450 (33.9%) $265,079 (29.0%) 0.00 105
2019-08-01 $172,191 (24.1%) $247,488 (8.7%) 0.00 119
2019-09-01 $165,052 (10.1%) $237,037 (1.6%) 0.00 136
2019-10-01 $160,293 (7.1%) $230,070 (-0.7%) 0.00 144
2019-11-01 $156,900 (4.7%) $235,327 (1.9%) 0.00 122
2019-12-01 $150,650 (-2.5%) $222,949 (-5.3%) 0.00 99
2020-01-01 $141,550 (1.8%) $237,260 (4.1%) 0.00 87
2020-02-01 $159,900 (16.4%) $254,624 (4.3%) 0.00 93
2020-03-01 $164,900 (6.3%) $233,500 (-11.7%) 0.00 77
2020-04-01 $179,675 (-3.4%) $241,317 (-15.1%) 0.00 84
2020-05-01 $169,900 (-14.9%) $246,909 (-15.7%) 0.00 59
2020-06-01 $164,900 (-17.1%) $259,571 (-7.0%) 0.00 57
2020-07-01 $175,600 (-5.8%) $268,011 (1.1%) 0.00 50
2020-08-01 $181,450 (5.4%) $277,600 (12.2%) 0.00 48
2020-09-01 $177,675 (7.7%) $260,586 (9.9%) 0.00 55
2020-10-01 $182,400 (13.8%) $275,557 (19.8%) 0.00 54
2020-11-01 $194,750 (24.1%) $297,576 (26.5%) 0.00 50
2020-12-01 $195,564 (29.8%) $303,598 (36.2%) 0.00 44
2021-01-01 $225,376 (59.2%) $304,986 (28.6%) 0.00 37
2021-02-01 $232,924 (45.7%) $331,579 (30.2%) 0.00 27
2021-03-01 $232,900 (41.2%) $339,684 (45.5%) 0.00 23
2021-04-01 $253,625 (41.2%) $421,789 (74.8%) 0.00 19
2021-05-01 $177,900 (4.7%) $300,791 (21.8%) 0.00 24
2021-06-01 $219,700 (33.2%) $317,937 (22.5%) 0.00 26
2021-07-01 $182,450 (3.9%) $301,870 (12.6%) 0.00 32
2021-08-01 $214,900 (18.4%) $311,777 (12.3%) 0.00 44
2021-09-01 $242,925 (36.7%) $351,854 (35.0%) 0.00 45
2021-10-01 $249,900 (37.0%) $364,022 (32.1%) 0.00 48
2021-11-01 $221,475 (13.7%) $365,632 (22.9%) 0.00 44
2021-12-01 $219,825 (12.4%) $365,418 (20.4%) 0.00 36
2022-01-01 $194,900 (-13.5%) $299,595 (-1.8%) 0.00 34
2022-02-01 $194,325 (-16.6%) $336,335 (1.4%) 0.00 26
2022-03-01 $164,225 (-29.5%) $263,323 (-22.5%) 0.00 27
2022-04-01 $159,900 (-37.0%) $289,021 (-31.5%) 0.00 23
2022-05-01 $162,250 (-8.8%) $259,775 (-13.6%) 0.00 25
2022-06-01 $208,225 (-5.2%) $255,109 (-19.8%) 0.00 36
2022-07-01 $215,900 (18.3%) $292,668 (-3.1%) 0.00 50
2022-08-01 $228,475 (6.3%) $331,391 (6.3%) 0.00 52
2022-09-01 $258,725 (6.5%) $376,229 (6.9%) 0.00 53
2022-10-01 $244,900 (-2.0%) $383,120 (5.3%) 0.00 59
2022-11-01 $249,950 (12.9%) $384,162 (5.1%) 0.00 72
2022-12-01 $262,400 (19.4%) $383,940 (5.1%) 0.00 66
2023-01-01 $274,949 (41.1%) $379,722 (26.8%) 0.00 51
2023-02-01 $273,749 (40.9%) $367,038 (9.1%) 0.00 56
Kendallville's median listing price for 2023-02-01 was $273,749, a difference of $79,424 (40.9%) versus the prior year and $-1,200 versus the prior month.

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

Kendallville's average listing price for 2023-02-01 was $367,038, a difference of $30,703 (9.1%) versus the prior year and $-12,684 versus the prior month.

For the 2023-02-01 period, Kendallville had 56 MLS listings, a difference of 5 listings (10%) versus the prior month and 30 listings (115%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Kendallville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,582 sqft
2018-02-01 0 days 1,541 sqft
2018-03-01 0 days 1,477 sqft
2018-04-01 0 days 1,456 sqft
2018-05-01 0 days 1,523 sqft
2018-06-01 0 days 1,535 sqft
2018-07-01 0 days 1,523 sqft
2018-08-01 0 days 1,608 sqft
2018-09-01 0 days 1,733 sqft
2018-10-01 0 days 1,700 sqft
2018-11-01 0 days 1,598 sqft
2018-12-01 0 days 1,604 sqft
2019-01-01 0 days 1,574 sqft
2019-02-01 0 days 1,695 sqft
2019-03-01 0 days 1,756 sqft
2019-04-01 0 days 1,787 sqft
2019-05-01 0 days 1,881 sqft
2019-06-01 0 days 1,683 sqft
2019-07-01 0 days 1,675 sqft
2019-08-01 0 days 1,640 sqft
2019-09-01 0 days 1,617 sqft
2019-10-01 0 days 1,606 sqft
2019-11-01 0 days 1,640 sqft
2019-12-01 0 days 1,599 sqft
2020-01-01 0 days 1,588 sqft
2020-02-01 0 days 1,600 sqft
2020-03-01 0 days 1,649 sqft
2020-04-01 0 days 1,726 sqft
2020-05-01 0 days 1,558 sqft
2020-06-01 0 days 1,636 sqft
2020-07-01 0 days 1,781 sqft
2020-08-01 0 days 1,741 sqft
2020-09-01 0 days 1,681 sqft
2020-10-01 0 days 1,688 sqft
2020-11-01 0 days 1,628 sqft
2020-12-01 0 days 1,636 sqft
2021-01-01 0 days 1,697 sqft
2021-02-01 0 days 1,702 sqft
2021-03-01 0 days 1,784 sqft
2021-04-01 0 days 1,909 sqft
2021-05-01 0 days 1,616 sqft
2021-06-01 0 days 1,836 sqft
2021-07-01 0 days 1,747 sqft
2021-08-01 0 days 1,651 sqft
2021-09-01 0 days 1,752 sqft
2021-10-01 0 days 1,739 sqft
2021-11-01 0 days 1,738 sqft
2021-12-01 0 days 1,618 sqft
2022-01-01 0 days 1,660 sqft
2022-02-01 0 days 1,676 sqft
2022-03-01 0 days 1,607 sqft
2022-04-01 0 days 1,720 sqft
2022-05-01 0 days 1,602 sqft
2022-06-01 0 days 1,641 sqft
2022-07-01 0 days 1,584 sqft
2022-08-01 0 days 1,725 sqft
2022-09-01 0 days 1,835 sqft
2022-10-01 0 days 1,790 sqft
2022-11-01 0 days 1,751 sqft
2022-12-01 0 days 1,736 sqft
2023-01-01 0 days 1,691 sqft
2023-02-01 0 days 1,673 sqft
Kendallville's median listing age (time on market) for 2023-02-01 was 0 days.

Kendallville's median square footage for active listings during the 2023-02-01 period was 1,673 sqft. One year prior, the average listing was 1,676 sqft.

Kendallville, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 633 $119,925,000 $189,455
Cash Out Refi 264 $38,330,000 $145,189
Refi 214 $30,160,000 $140,935
Other 172 $10,510,000 $61,105
Home Improvement 120 $7,810,000 $65,083

Kendallville's most frequently cited loan purpose was Home Purchase, with 633 originations. The 2nd most popular reason was Cash Out Refi, with 264 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 325 $54,125,000 $166,538
4-5% 268 $43,660,000 $162,910
3-4% 261 $38,035,000 $145,728
6-7% 218 $28,170,000 $129,220
7-8% 82 $9,390,000 $114,512
2.5-3% 55 $8,165,000 $148,455
<2.5% 50 $4,580,000 $91,600
Over 8% 34 $1,900,000 $55,882

During 2022, Kendallville's most frequently originated rate bucket was 5-6%, with 325 originations.

Loan Sizing (Kendallville, IN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 544 $78,050,000 $143,474
$100,000 or less 542 $28,590,000 $52,749
$200k-400k 256 $68,160,000 $266,250
$400k-600k 48 $21,920,000 $456,667
$600k-1000k 12 $8,910,000 $742,500
$Over $1MM 1 $1,105,000 $1,105,000

Kendallville's loan sizing saw the bucket of loans from $100k-200k with 544 originations, totaling $78,050,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 453 $85,695,000 $189,172
60-80% 284 $54,280,000 $191,127
Under 20% 219 $7,835,000 $35,776
20-40% 178 $14,320,000 $80,449
40-60% 138 $21,230,000 $153,841
Over 100% 11 $2,825,000 $256,818

Kendallville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 453 originations, totaling $85,695,000 in origination value.