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 7.23% for the week of 2024-06-13, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-06) was 7.17% and one month ago for the week of 2024-05-09, the average rate was 7.27%.

Kendallville's average rate one year ago was 6.79%.

For refis of the same type during the week of 2024-06-13, the average rate was 7.55%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-13 6.95%
Kendallville 30 Year Fixed Rate 2024-06-13 7.23%
Kendallville 30 Year Fixed Rate Refi 2024-06-13 7.55%
Kendallville 15 Year Fixed Rate 2024-06-13 6.37%
Kendallville 15 Year Fixed Rate Refi 2024-06-13 6.67%
Kendallville 30 Year FHA 2024-06-13 7.08%
Kendallville 30 Year FHA Refi 2024-06-13 6.51%
Kendallville 30 Year USDA 2024-06-13 6.71%
Kendallville 30 Year USDA Refi 2024-06-13 6.81%
Kendallville 30 Year VA 2024-06-13 6.62%
Kendallville 30 Year VA Refi 2024-06-13 6.52%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Three Rivers Federal Credit Union 35 7.02% $2,638
RUOFF MORTGAGE COMPANY, INC. 34 7.04% $4,289
INTERRA CREDIT UNION 20 6.23% $3,103
GVC MORTGAGE, INC. 17 7.17% $5,062
VAN DYK MORTGAGE CORPORATION 17 7.01% $3,429
ProFed Federal Credit Union 14 6.38% $2,404
TEACHERS CREDIT UNION 12 6.96% $2,541
HALLMARK HOME MORTGAGE, LLC 11 7.09% $4,639
QUICKEN LOANS, LLC 10 6.82% $5,230
JPMorgan Chase Bank 10 6.67% $3,426
Farmers State Bank 8 7.39% $2,919
Horizon Bank 8 6.87% $2,678
UNITED WHOLESALE MORTGAGE, LLC 6 6.87% $4,103
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.72% $6,085
DIAMOND RESIDENTIAL MORTGAGE CORPORATION 4 6.50% $4,964
STAR Financial Bank 4 6.63% $2,802
Lake City Bank 4 7.00% $2,344
The Huntington National Bank 4 6.59% $4,339
Fifth Third Bank 4 7.06% $3,353
Wells Fargo Bank 3 7.42% $3,493
Farm Credit Mid-America, ACA 3 7.46% $4,552
GENEVA FINANCIAL, LLC 3 6.83% $3,556
Union Savings Bank 3 6.88% $744
First State Bank of Middlebury 3 6.08% $2,694
PARTNERS 1ST Federal Credit Union 3 6.08% $3,126
CARDINAL FINANCIAL 2 7.94% $4,256
Mr. Cooper ( Nationstar Mortgage ) 2 6.81% $8,215
Flagstar Bank, FSB 2 7.56% $3,348
ACADEMY MORTGAGE CORPORATION 2 7.00% $4,651
Centier Bank 2 7.38% $592
PNC Bank 2 6.44% $2,457
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.68% $4,350
LOANDEPOT.COM, LLC 2 7.25% $6,683
MICHIGAN MUTUAL, INC. 2 7.13% $6,286
Crossroads Bank 2 6.75% $1,722
Old National Bank 1 7.38% $5,444
Carrington Mortgage Services, LLC 1 7.38% $7,184
CHURCHILL MORTGAGE CORPORATION 1 7.25% $5,010
ENDEAVOR CAPITAL, LLC. 1 6.25% $7,310
EQUITY RESOURCES, INC. 1 7.50% $4,581
FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.50% $6,617
First Federal Bank of the Midwest 1 7.13% $5,312
First Federal Savings Bank 1 7.00% $3,135
FORT FINANCIAL Federal Credit Union 1 6.88% $3,709
FREEDOM MORTGAGE CORPORATION 1 6.88% $5,784
Goldwater Bank, N.A. 1 7.63% $6,165
GUIDANCE RESIDENTIAL, LLC 1 8.13% $3,636
GUILD MORTGAGE COMPANY 1 7.00% $5,440
MIDWEST AMERICA 1 7.13% $2,301
Morgan Stanley Private Bank 1 5.78% $3,255
Mortgage Research Center, LLC 1 7.13% $3,707
NAVY FEDERAL CREDIT UNION 1 5.13% $1,513
NEWREZ LLC 1 6.13% $1,661
Northpointe Bank 1 9.25% $2,894
Notre Dame Federal Credit Union Corporation 1 7.88% $5,809
PHH Mortgage Corporation 1 6.88% $5,099
PURDUE FEDERAL CREDIT UNION 1 5.63% $3,228
RELIANCE FIRST CAPITAL, LLC 1 6.50% $12,400
ROYAL UNITED MORTGAGE LLC 1 7.88% $9,500
STOCKTON MORTGAGE CORPORATION 1 7.13% $2,748
TECH Credit Union 1 6.75% $2,759
The Citizens National Bank of Bluffton 1 7.00% $1,819
The Farmers & Merchants State Bank 1 6.63% $5,330
THRIVE MORTGAGE, LLC 1 6.25% $4,047
UNION HOME MORTGAGE CORP. 1 7.38% $2,977
V.I.P. MORTGAGE, INC. 1 5.88% $2,619

Kendallville Average Closing Costs & Other Stats

Kendallville, IN's 66 lenders originated 1,013 loans during 2023. The total origination value was $152,885,000, with an average loan value of $150,923.

Kendallville's average closing costs are $3,561.

The top Kendallville lender as defined by loan originations is Three Rivers Federal Credit Union, with 35 loans originated. Their average total fees are $2,638, which is $1,651 lower than the next largest lender, RUOFF MORTGAGE COMPANY, INC..

The lowest fee Kendallville lenders (with over 10 loans originated) are ProFed Federal Credit Union ($2,404), TEACHERS CREDIT UNION ($2,541), Three Rivers Federal Credit Union ($2,638), INTERRA CREDIT UNION ($3,103) and JPMorgan Chase Bank ($3,426).

The lowest rate Kendallville lenders (with over 10 loans originated) are INTERRA CREDIT UNION (6.23%), ProFed Federal Credit Union (6.38%), JPMorgan Chase Bank (6.67%), QUICKEN LOANS, LLC (6.82%) and TEACHERS CREDIT UNION (6.96%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
RUOFF MORTGAGE COMPANY, INC. $16,515,000 $12,150,000 -26.4% 7.9%
Three Rivers Federal Credit Union $13,630,000 $11,735,000 -13.9% 7.7%
VAN DYK MORTGAGE CORPORATION $9,785,000 $7,105,000 -27.4% 4.6%
The Campbell & Fetter Bank $7,625,000 $6,895,000 -9.6% 4.5%
INTERRA CREDIT UNION $8,290,000 $6,875,000 -17.1% 4.5%
Farmers and Merchants Bank $4,905,000 $6,765,000 37.9% 4.4%
GVC MORTGAGE, INC. $4,140,000 $6,445,000 55.7% 4.2%
Lake City Bank $11,565,000 $6,410,000 -44.6% 4.2%
Farmers State Bank $18,485,000 $6,000,000 -67.5% 3.9%
QUICKEN LOANS, LLC $9,680,000 $5,955,000 -38.5% 3.9%
ProFed Federal Credit Union $4,800,000 $4,915,000 2.4% 3.2%
TEACHERS CREDIT UNION $2,545,000 $3,780,000 48.5% 2.5%
Horizon Bank $3,965,000 $3,740,000 -5.7% 2.4%
STAR Financial Bank $2,605,000 $3,670,000 40.9% 2.4%
Fifth Third Bank $1,465,000 $3,465,000 136.5% 2.3%
HALLMARK HOME MORTGAGE, LLC $5,280,000 $3,445,000 -34.8% 2.3%
The Garrett State Bank $5,865,000 $2,780,000 -52.6% 1.8%
Mortgage Research Center, LLC $2,720,000 $2,545,000 -6.4% 1.7%
PARTNERS 1ST Federal Credit Union $940,000 $2,120,000 125.5% 1.4%
JPMorgan Chase Bank $5,840,000 $2,045,000 -65.0% 1.3%
CARDINAL FINANCIAL $1,395,000 $1,570,000 12.5% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $1,770,000 $1,490,000 -15.8% 1.0%
MIDWEST AMERICA $2,020,000 $1,360,000 -32.7% 0.9%
Nations Lending Corporation $780,000 $1,330,000 70.5% 0.9%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $2,070,000 $1,275,000 -38.4% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $415,000 $1,265,000 204.8% 0.8%
First Federal Savings Bank $700,000 $1,240,000 77.1% 0.8%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $980,000 $1,195,000 21.9% 0.8%
Carrington Mortgage Services, LLC $425,000 $1,150,000 170.6% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $1,705,000 $1,100,000 -35.5% 0.7%
LOANDEPOT.COM, LLC $2,260,000 $1,080,000 -52.2% 0.7%
UNION HOME MORTGAGE CORP. $1,445,000 $1,045,000 -27.7% 0.7%
Union Savings Bank $1,340,000 $1,015,000 -24.3% 0.7%
21ST MORTGAGE CORPORATION $175,000 $1,005,000 474.3% 0.7%
Morgan Stanley Private Bank $1,005,000 n/a 0.7%
Crossroads Bank $760,000 $985,000 29.6% 0.6%
First Merchants Bank $850,000 $980,000 15.3% 0.6%
The Huntington National Bank $955,000 $925,000 -3.1% 0.6%
Wells Fargo Bank $1,555,000 $890,000 -42.8% 0.6%
First State Bank of Middlebury $545,000 $845,000 55.0% 0.6%
Old National Bank $185,000 $810,000 337.8% 0.5%
The Farmers & Merchants State Bank $945,000 $800,000 -15.3% 0.5%
PNC Bank $1,900,000 $765,000 -59.7% 0.5%
MICHIGAN MUTUAL, INC. $430,000 $735,000 70.9% 0.5%
1st Source Bank $980,000 $700,000 -28.6% 0.5%
GENEVA FINANCIAL, LLC $1,140,000 $700,000 -38.6% 0.5%
V.I.P. MORTGAGE, INC. $1,450,000 $685,000 -52.8% 0.4%
PURDUE FEDERAL CREDIT UNION $675,000 n/a 0.4%
FORT FINANCIAL Federal Credit Union $940,000 $670,000 -28.7% 0.4%
Farm Credit Mid-America, ACA $3,755,000 $655,000 -82.6% 0.4%
PENNYMAC LOAN SERVICES, LLC $605,000 $655,000 8.3% 0.4%
ACADEMY MORTGAGE CORPORATION $1,195,000 $650,000 -45.6% 0.4%
FREEDOM MORTGAGE CORPORATION $2,255,000 $590,000 -73.8% 0.4%
NEWREZ LLC $435,000 $530,000 21.8% 0.3%
POLARIS HOME FUNDING CORP. $530,000 n/a 0.3%
USAA Federal Savings Bank $275,000 $515,000 87.3% 0.3%
Flagstar Bank, FSB $1,355,000 $455,000 -66.4% 0.3%
ROYAL UNITED MORTGAGE LLC $170,000 $370,000 117.6% 0.2%
CHURCHILL MORTGAGE CORPORATION $155,000 $360,000 132.3% 0.2%
GUIDANCE RESIDENTIAL, LLC $345,000 n/a 0.2%
The Federal Savings Bank $430,000 $345,000 -19.8% 0.2%
EVERENCE FEDERAL CREDIT UNION $125,000 $335,000 168.0% 0.2%
Centier Bank $115,000 $320,000 178.3% 0.2%
The State Bank and Trust Company $780,000 $315,000 -59.6% 0.2%
First Federal Bank of the Midwest $1,195,000 $285,000 -76.2% 0.2%
AmRes Corporation $275,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $165,000 $255,000 54.5% 0.2%
CALIBER HOME LOANS, INC. $1,150,000 $245,000 -78.7% 0.2%
AMERISAVE MORTGAGE CORPORATION $780,000 $230,000 -70.5% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $165,000 $230,000 39.4% 0.2%
Notre Dame Federal Credit Union Corporation $145,000 $230,000 58.6% 0.2%
PHH Mortgage Corporation $230,000 n/a 0.2%
GUILD MORTGAGE COMPANY $225,000 n/a 0.1%
EMM LOANS LLC $165,000 $195,000 18.2% 0.1%
ENDEAVOR CAPITAL, LLC. $195,000 n/a 0.1%
EVERETT FINANCIAL, INC. $515,000 $190,000 -63.1% 0.1%
MOVEMENT MORTGAGE, LLC $245,000 $185,000 -24.5% 0.1%
STOCKTON MORTGAGE CORPORATION $185,000 n/a 0.1%
Figure Lending LLC $90,000 $180,000 100.0% 0.1%
NAVY FEDERAL CREDIT UNION $435,000 $180,000 -58.6% 0.1%
Capital Bank $175,000 n/a 0.1%
UNITED SECURITY FINANCIAL CORP $175,000 n/a 0.1%
EQUITY RESOURCES, INC. $165,000 n/a 0.1%
Goldwater Bank, N.A. $165,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $340,000 $165,000 -51.5% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $410,000 $165,000 -59.8% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $165,000 n/a 0.1%
Discover Bank $175,000 $160,000 -8.6% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $155,000 n/a 0.1%
Northpointe Bank $155,000 n/a 0.1%
THRIVE MORTGAGE, LLC $115,000 $155,000 34.8% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $875,000 $145,000 -83.4% 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $145,000 n/a 0.1%
MORTGAGE 1 INCORPORATED $145,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $105,000 $135,000 28.6% 0.1%
Barrington Bank & Trust Company, N.A. $340,000 $135,000 -60.3% 0.1%
BETTER MORTGAGE CORPORATION $135,000 n/a 0.1%
First Federal Savings Bank $700,000 $135,000 -80.7% 0.1%
TECH Credit Union $115,000 n/a 0.1%
ALLIANT CREDIT UNION $105,000 n/a 0.1%
M&T Bank $185,000 $105,000 -43.2% 0.1%
Prosperity Home Mortgage, LLC $105,000 n/a 0.1%
BEACON CREDIT UNION $75,000 $95,000 26.7% 0.1%
First National Bank of America $95,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $95,000 n/a 0.1%
The Citizens National Bank of Bluffton $95,000 n/a 0.1%
Northwest Bank $35,000 $90,000 157.1% 0.1%
BROKER SOLUTIONS, INC. $290,000 $85,000 -70.7% 0.1%
LENDINGHOME FUNDING CORPORATION $105,000 $85,000 -19.0% 0.1%
Bank of America $190,000 $75,000 -60.5% 0.0%
LOANPAL, LLC $95,000 $55,000 -42.1% 0.0%
SPRING EQ, LLC $35,000 $55,000 57.1% 0.0%
U.S. Bank $110,000 $55,000 -50.0% 0.0%
Citizens Bank $560,000 $35,000 -93.8% 0.0%
Sturgis Bank & Trust Company $25,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $25,000 n/a 0.0%

Kendallville's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 7.9% market share. In second place, with 7.7%, is Three Rivers Federal Credit Union, having originated $11,735,000 in loans. In third place, with 4.6%, is VAN DYK MORTGAGE CORPORATION, having originated $7,105,000 in loans. In fourth place, with 4.5%, is The Campbell & Fetter Bank, having originated $6,895,000 in loans. In fifth place, with 4.5%, is INTERRA CREDIT UNION, having originated $6,875,000 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 $135,225 (11.6%) $187,922 (25.6%) 0.00 98
2018-02-01 $131,450 (7.4%) $176,906 (16.7%) 0.00 103
2018-03-01 $131,250 (-4.4%) $174,433 (7.4%) 0.00 95
2018-04-01 $143,400 (6.2%) $198,548 (26.3%) 0.00 103
2018-05-01 $139,900 (5.8%) $194,251 (21.1%) 0.00 113
2018-06-01 $148,500 (12.8%) $206,714 (30.5%) 0.00 130
2018-07-01 $139,200 (11.5%) $205,549 (33.7%) 0.00 135
2018-08-01 $138,800 (13.2%) $227,618 (45.0%) 0.00 130
2018-09-01 $149,900 (15.6%) $233,356 (39.3%) 0.00 114
2018-10-01 $149,700 (7.3%) $231,710 (27.8%) 0.00 107
2018-11-01 $149,900 (7.6%) $230,988 (27.1%) 0.00 104
2018-12-01 $154,450 (18.9%) $235,503 (32.5%) 0.00 97
2019-01-01 $139,050 (2.8%) $228,030 (21.3%) 0.00 97
2019-02-01 $137,350 (4.5%) $244,028 (37.9%) 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 $165,450 (-29.0%) $264,907 (-22.0%) 0.00 26
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 $251,450 (13.5%) $388,733 (6.3%) 0.00 71
2022-12-01 $262,400 (19.4%) $388,925 (6.4%) 0.00 65
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
2023-03-01 $291,925 (76.4%) $391,027 (47.6%) 0.00 47
2023-04-01 $299,900 (87.6%) $417,593 (44.5%) 0.00 53
2023-05-01 $301,463 (85.8%) $425,108 (63.6%) 0.00 54
2023-06-01 $318,950 (53.2%) $422,948 (65.8%) 0.00 71
2023-07-01 $315,900 (46.3%) $417,806 (42.8%) 0.00 69
2023-08-01 $312,450 (36.8%) $394,942 (19.2%) 0.00 62
2023-09-01 $306,400 (18.4%) $393,837 (4.7%) 0.00 62
2023-10-01 $290,925 (18.8%) $361,201 (-5.7%) 0.00 66
2023-11-01 $271,100 (7.8%) $338,410 (-13.0%) 0.00 70
2023-12-01 $269,900 (2.9%) $338,445 (-13.0%) 0.00 76
2024-01-01 $271,325 (-1.3%) $345,818 (-8.9%) 0.00 69
2024-02-01 $299,900 (9.6%) $380,289 (3.6%) 0.00 49
2024-03-01 $315,000 (7.9%) $397,326 (1.6%) 0.00 53
2024-04-01 $293,013 (-2.3%) $363,327 (-13.0%) 0.00 61
2024-05-01 $302,975 (0.5%) $352,650 (-17.0%) 0.00 52
Kendallville's median listing price for 2024-05-01 was $302,975, a difference of $1,512 (0.5%) versus the prior year and $9,962 versus the prior month.

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

Kendallville's average listing price for 2024-05-01 was $352,650, a difference of $-72,458 (-17.0%) versus the prior year and $-10,677 versus the prior month.

For the 2024-05-01 period, Kendallville had 52 MLS listings, a difference of -9 listings (-15%) versus the prior month and -2 listings (-4%) 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 1,585 sqft
2018-02-01 0 days 1,543 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 1,617 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 1,795 sqft
2022-11-01 0 days 1,759 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
2023-03-01 0 days 1,753 sqft
2023-04-01 0 days 1,761 sqft
2023-05-01 0 days 1,772 sqft
2023-06-01 0 days 1,894 sqft
2023-07-01 0 days 2,078 sqft
2023-08-01 0 days 2,202 sqft
2023-09-01 0 days 2,020 sqft
2023-10-01 0 days 1,898 sqft
2023-11-01 0 days 1,852 sqft
2023-12-01 0 days 1,888 sqft
2024-01-01 0 days 1,844 sqft
2024-02-01 0 days 1,851 sqft
2024-03-01 0 days 1,761 sqft
2024-04-01 0 days 1,591 sqft
2024-05-01 0 days 1,739 sqft
Kendallville's median listing age (time on market) for 2024-05-01 was 0 days.

Kendallville's median square footage for active listings during the 2024-05-01 period was 1,739 sqft. One year prior, the average listing was 1,772 sqft.

Kendallville, IN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 498 $104,150,000 $209,137
Other 158 $9,530,000 $60,316
Cash Out Refi 147 $19,415,000 $132,075
Refi 115 $12,215,000 $106,217
Home Improvement 95 $7,575,000 $79,737

Kendallville's most frequently cited loan purpose was Home Purchase, with 498 originations. The 2nd most popular reason was Other, with 158 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 276 $47,500,000 $172,101
Over 8% 266 $19,870,000 $74,699
7-8% 265 $45,665,000 $172,321
5-6% 92 $20,630,000 $224,239
<2.5% 14 $220,000 $15,714
4-5% 9 $2,485,000 $276,111
3-4% 2 $280,000 $140,000

During 2023, Kendallville's most frequently originated rate bucket was 6-7%, with 276 originations.

Loan Sizing (Kendallville, IN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 418 $21,590,000 $51,651
$100k-200k 367 $53,505,000 $145,790
$200k-400k 179 $48,345,000 $270,084
$400k-600k 30 $14,560,000 $485,333
$600k-1000k 15 $10,625,000 $708,333
$Over $1MM 4 $4,260,000 $1,065,000

Kendallville's loan sizing saw the bucket of loans from $100,000 or less with 418 originations, totaling $21,590,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 334 $67,260,000 $201,377
Under 20% 171 $6,575,000 $38,450
60-80% 164 $32,660,000 $199,146
20-40% 153 $13,305,000 $86,961
40-60% 86 $13,600,000 $158,140
Over 100% 7 $2,525,000 $360,714

Kendallville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 334 originations, totaling $67,260,000 in origination value.