KOKOMO 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 Kokomo averaged 7.08% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.89% and one month ago for the week of 2024-10-10, the average rate was 6.62%.

    Kokomo's average rate one year ago was 7.5%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.38%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Kokomo 30 Year Fixed Rate 2024-11-14 7.08%
    Kokomo 30 Year Fixed Rate Refi 2024-11-14 7.38%
    Kokomo 15 Year Fixed Rate 2024-11-14 5.89%
    Kokomo 15 Year Fixed Rate Refi 2024-11-14 6.39%
    Kokomo 30 Year FHA 2024-11-14 0.4%
    Kokomo 30 Year FHA Refi 2024-11-14 0%
    Kokomo 30 Year USDA 2024-11-14 -0.1%
    Kokomo 30 Year USDA Refi 2024-11-14 0.2%
    Kokomo 30 Year VA 2024-11-14 0.28%
    Kokomo 30 Year VA Refi 2024-11-14 0%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within KOKOMO, IN.

    KOKOMO 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 KOKOMO, 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
    Solidarity Community Federal Credit Union 59 6.70% $1,972
    GVC MORTGAGE, INC. 56 7.14% $4,551
    RUOFF MORTGAGE COMPANY, INC. 48 7.02% $2,654
    Community First Bank of Indiana 35 6.95% $2,563
    QUICKEN LOANS, LLC 27 6.97% $4,930
    American Mortgage & Equity Consultants, Inc. 27 7.13% $4,117
    First Farmers Bank and Trust Company 25 7.53% $2,386
    STOCKTON MORTGAGE CORPORATION 23 6.86% $4,315
    KeyBank 19 6.90% $3,282
    MOVEMENT MORTGAGE, LLC 16 6.95% $3,696
    The Huntington National Bank 15 6.73% $2,828
    PNC Bank 12 7.15% $2,508
    LEADERONE FINANCIAL CORPORATION 12 6.68% $3,819
    Security Federal Savings Bank 12 6.84% $2,130
    PLAZA HOME MORTGAGE, INC. 12 6.63% $3,564
    STAR Financial Bank 11 6.76% $3,041
    UNITED WHOLESALE MORTGAGE, LLC 10 7.12% $4,355
    JPMorgan Chase Bank 9 7.00% $2,780
    FINANCIAL BUILDERS Federal Credit Union 9 7.90% $1,597
    VANDERBILT MORTGAGE AND FINANCE, INC. 8 6.47% $3,603
    Nations Lending Corporation 8 7.23% $3,360
    Farm Credit Mid-America, ACA 8 7.09% $5,981
    Union Savings Bank 6 6.67% $2,081
    UNION HOME MORTGAGE CORP. 6 7.77% $3,489
    Horizon Bank 5 7.48% $2,945
    First Merchants Bank 5 7.13% $2,804
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 7.35% $3,678
    PENNYMAC LOAN SERVICES, LLC 5 6.70% $4,395
    MJW Financial LLC 4 7.09% $3,441
    ROYAL UNITED MORTGAGE LLC 4 7.19% $6,153
    Regions Bank 4 7.59% $2,314
    FORUM Credit Union 3 6.58% $2,971
    CHURCHILL MORTGAGE CORPORATION 3 7.08% $5,683
    NBKC BANK 3 7.25% $1,901
    NEWREZ LLC 3 7.00% $4,118
    CROSSCOUNTRY MORTGAGE, LLC 3 7.06% $7,995
    CALIBER HOME LOANS, INC. 3 6.75% $4,763
    GUARANTEED RATE, INC. 2 7.19% $4,762
    Greenfield Banking Company 2 6.63% $2,623
    Wells Fargo Bank 2 6.69% $4,324
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 8.06% $4,304
    BETTER MORTGAGE CORPORATION 2 5.44% $2,890
    PURDUE FEDERAL CREDIT UNION 2 6.69% $2,066
    MICHIGAN MUTUAL, INC. 2 7.00% $5,548
    Elements Financial Federal Credit Union 2 6.31% $2,389
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.63% $4,173
    MILESTONE HOME LENDING, LLC 2 7.25% $3,098
    Flagstar Bank, FSB 2 7.44% $3,023
    First Financial Bank 2 7.56% $4,903
    MUTUAL OF OMAHA MORTGAGE, INC. 2 7.12% $5,735
    AMERISAVE MORTGAGE CORPORATION 2 6.31% $9,399
    Mr. Cooper ( Nationstar Mortgage ) 2 7.50% $7,892
    Centier Bank 2 7.44% $1,562
    Mortgage Research Center, LLC 2 6.94% $1,881
    Merchants Bank of Indiana 2 7.25% $2,380
    THRIVE MORTGAGE, LLC 2 7.06% $3,327
    Wolfe Financial, Inc 1 7.00% $3,442
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $1,702
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.99% $5,336
    Bank of America 1 8.13% $2,968
    Baxter Credit Union 1 7.50% $2,832
    BEACON CREDIT UNION 1 5.88% $2,082
    BELEM SERVICING LLC 1 5.75% $4,130
    CARDINAL FINANCIAL 1 7.88% $3,177
    Carrington Mortgage Services, LLC 1 6.88% $8,869
    CORNERSTONE HOME LENDING, INC. 1 6.50% $4,583
    Crossroads Bank 1 6.50% $1,911
    Discover Bank 1 6.24% $0
    ENDEAVOR CAPITAL, LLC. 1 7.99% $6,145
    FCN Bank 1 7.50% $2,641
    Fifth Third Bank 1 5.88% $3,106
    First Federal Savings Bank 1 7.00% $2,015
    Gateway First Bank 1 5.88% $7,978
    GENISYS 1 5.88% $2,191
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.13% $2,757
    Home State Bank 1 6.87% $2,448
    INDIANA MEMBERS CREDIT UNION 1 5.75% $2,277
    INDIANA UNIVERSITY CREDIT UNION 1 6.25% $1,771
    Industrial Federal Credit Union 1 6.38% $1,862
    Ixonia Bank 1 7.50% $4,945
    JLB CORPORATION 1 7.50% $5,241
    Lake City Bank 1 7.00% $1,986
    LOANDEPOT.COM, LLC 1 6.38% $4,516
    MEMBER FIRST MORTGAGE, LLC 1 6.63% $3,830
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.99% $3,360
    NAVY FEDERAL CREDIT UNION 1 7.50% $2,386
    Network Funding, L.P. 1 6.88% $5,470
    Old National Bank 1 7.75% $2,237
    OPEN MORTGAGE, LLC 1 7.38% $3,972
    PARTNERS 1ST Federal Credit Union 1 5.25% $2,512
    PLANET HOME LENDING, LLC 1 5.63% $9,589
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $6,316
    Prosperity Home Mortgage, LLC 1 7.00% $2,501
    TEACHERS CREDIT UNION 1 5.63% $2,330
    The Federal Savings Bank 1 6.50% $5,111
    V.I.P. MORTGAGE, INC. 1 7.00% $2,839
    21ST MORTGAGE CORPORATION 1 7.95% $4,601

    KOKOMO Average Closing Costs & Other Stats

    KOKOMO, IN's 97 lenders originated 1,915 loans during 2023. The total origination value was $266,275,000, with an average loan value of $139,047.

    KOKOMO's average closing costs are $4,027.

    The top KOKOMO lender as defined by loan originations is Solidarity Community Federal Credit Union, with 59 loans originated. Their average total fees are $1,972, which is $2,579 lower than the next largest lender, GVC MORTGAGE, INC..

    The lowest fee KOKOMO lenders (with over 10 loans originated) are Solidarity Community Federal Credit Union ($1,972), Security Federal Savings Bank ($2,130), First Farmers Bank and Trust Company ($2,386), PNC Bank ($2,508) and Community First Bank of Indiana ($2,563).

    The lowest rate KOKOMO lenders (with over 10 loans originated) are PLAZA HOME MORTGAGE, INC. (6.63%), LEADERONE FINANCIAL CORPORATION (6.68%), Solidarity Community Federal Credit Union (6.70%), The Huntington National Bank (6.73%) and STAR Financial Bank (6.76%).

    KOKOMO, 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
    GVC MORTGAGE, INC. $20,165,000 $19,430,000 -3.6% 7.3%
    Solidarity Community Federal Credit Union $26,115,000 $15,460,000 -40.8% 5.8%
    RUOFF MORTGAGE COMPANY, INC. $28,260,000 $15,270,000 -46.0% 5.7%
    QUICKEN LOANS, LLC $16,045,000 $12,705,000 -20.8% 4.8%
    Community First Bank of Indiana $16,205,000 $12,475,000 -23.0% 4.7%
    First Farmers Bank and Trust Company $18,255,000 $11,485,000 -37.1% 4.3%
    Lake City Bank $10,760,000 n/a 4.0%
    PLAZA HOME MORTGAGE, INC. $16,825,000 $9,830,000 -41.6% 3.7%
    Mortgage Research Center, LLC $5,755,000 $9,165,000 59.3% 3.4%
    STOCKTON MORTGAGE CORPORATION $9,085,000 $6,520,000 -28.2% 2.4%
    VANDERBILT MORTGAGE AND FINANCE, INC. $13,635,000 $6,375,000 -53.2% 2.4%
    American Mortgage & Equity Consultants, Inc. $6,280,000 n/a 2.4%
    FINANCIAL BUILDERS Federal Credit Union $7,505,000 $6,010,000 -19.9% 2.3%
    MOVEMENT MORTGAGE, LLC $2,315,000 $5,525,000 138.7% 2.1%
    M&T Realty Capital Corporation $5,415,000 n/a 2.0%
    PNC Bank $5,995,000 $5,345,000 -10.8% 2.0%
    PENNYMAC LOAN SERVICES, LLC $5,470,000 $4,985,000 -8.9% 1.9%
    WesBanco $4,905,000 n/a 1.8%
    The Huntington National Bank $6,330,000 $4,145,000 -34.5% 1.6%
    BMO Harris Bank $5,755,000 $4,075,000 -29.2% 1.5%
    STAR Financial Bank $5,080,000 $4,060,000 -20.1% 1.5%
    LEADERONE FINANCIAL CORPORATION $10,850,000 $3,400,000 -68.7% 1.3%
    Nations Lending Corporation $1,680,000 $3,375,000 100.9% 1.3%
    Farm Credit Mid-America, ACA $1,245,000 $2,690,000 116.1% 1.0%
    KeyBank $15,435,000 $2,585,000 -83.3% 1.0%
    UNITED WHOLESALE MORTGAGE, LLC $2,670,000 $2,495,000 -6.6% 0.9%
    Security Federal Savings Bank $4,125,000 $2,360,000 -42.8% 0.9%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,670,000 $2,230,000 33.5% 0.8%
    Horizon Bank $2,730,000 $1,970,000 -27.8% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $3,010,000 $1,960,000 -34.9% 0.7%
    CALIBER HOME LOANS, INC. $4,665,000 $1,840,000 -60.6% 0.7%
    UNION HOME MORTGAGE CORP. $575,000 $1,745,000 203.5% 0.7%
    MJW Financial LLC $630,000 $1,715,000 172.2% 0.6%
    Union Savings Bank $1,035,000 $1,705,000 64.7% 0.6%
    JPMorgan Chase Bank $3,225,000 $1,665,000 -48.4% 0.6%
    Centier Bank $830,000 $1,505,000 81.3% 0.6%
    LOANDEPOT.COM, LLC $3,865,000 $1,505,000 -61.1% 0.6%
    NEWREZ LLC $1,390,000 $1,490,000 7.2% 0.6%
    ROYAL UNITED MORTGAGE LLC $1,245,000 $1,430,000 14.9% 0.5%
    TRIAD FINANCIAL SERVICES, INC. $915,000 $1,390,000 51.9% 0.5%
    USAA Federal Savings Bank $1,700,000 $1,335,000 -21.5% 0.5%
    First Merchants Bank $6,790,000 $1,310,000 -80.7% 0.5%
    AMERISAVE MORTGAGE CORPORATION $2,395,000 $1,145,000 -52.2% 0.4%
    OAKTREE FUNDING CORP. $1,140,000 n/a 0.4%
    FORUM Credit Union $375,000 $1,130,000 201.3% 0.4%
    FINANCIAL CENTER FIRST CREDIT UNION $1,430,000 $1,120,000 -21.7% 0.4%
    NAVY FEDERAL CREDIT UNION $1,615,000 $1,020,000 -36.8% 0.4%
    Regions Bank $945,000 $1,020,000 7.9% 0.4%
    BROKER SOLUTIONS, INC. $1,100,000 $1,015,000 -7.7% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $1,485,000 $975,000 -34.3% 0.4%
    NEW DAY FINANCIAL, LLC $725,000 $940,000 29.7% 0.4%
    First Financial Bank $270,000 $895,000 231.5% 0.3%
    GUARANTEED RATE, INC. $1,025,000 $880,000 -14.1% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $710,000 $780,000 9.9% 0.3%
    The Fountain Trust Company $250,000 $775,000 210.0% 0.3%
    The Farmers Bank, Frankfort, Indiana $310,000 $740,000 138.7% 0.3%
    21ST MORTGAGE CORPORATION $335,000 $715,000 113.4% 0.3%
    Fifth Third Bank $1,335,000 $680,000 -49.1% 0.3%
    PURDUE FEDERAL CREDIT UNION $680,000 $675,000 -0.7% 0.3%
    MILESTONE HOME LENDING, LLC $665,000 n/a 0.2%
    Carrington Mortgage Services, LLC $1,370,000 $650,000 -52.6% 0.2%
    The Federal Savings Bank $775,000 $630,000 -18.7% 0.2%
    THRIVE MORTGAGE, LLC $625,000 n/a 0.2%
    TUCKER MORTGAGE, LLC $145,000 $610,000 320.7% 0.2%
    Stock Yards Bank & Trust Company $585,000 n/a 0.2%
    ENDEAVOR CAPITAL, LLC. $185,000 $575,000 210.8% 0.2%
    FREEDOM MORTGAGE CORPORATION $3,550,000 $575,000 -83.8% 0.2%
    CHURCHILL MORTGAGE CORPORATION $320,000 $565,000 76.6% 0.2%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $145,000 $560,000 286.2% 0.2%
    Gateway First Bank $575,000 $555,000 -3.5% 0.2%
    AmeriHome Mortgage Company, LLC $225,000 $550,000 144.4% 0.2%
    NBKC BANK $415,000 $550,000 32.5% 0.2%
    MEMBER FIRST MORTGAGE, LLC $525,000 $535,000 1.9% 0.2%
    RF Renovo Management Company, LLC $515,000 n/a 0.2%
    Elements Financial Federal Credit Union $75,000 $475,000 533.3% 0.2%
    Crossroads Bank $2,695,000 $470,000 -82.6% 0.2%
    Merchants Bank of Indiana $450,000 n/a 0.2%
    U.S. Bank $400,000 $430,000 7.5% 0.2%
    Wolfe Financial, Inc $430,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $65,000 $420,000 546.2% 0.2%
    JLB CORPORATION $210,000 $410,000 95.2% 0.2%
    SOVEREIGN LENDING GROUP INCORPORATED $375,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $310,000 $360,000 16.1% 0.1%
    TEACHERS CREDIT UNION $2,535,000 $340,000 -86.6% 0.1%
    BEACON CREDIT UNION $565,000 $330,000 -41.6% 0.1%
    Greenfield Banking Company $330,000 n/a 0.1%
    HALLMARK HOME MORTGAGE, LLC $895,000 $325,000 -63.7% 0.1%
    INDIANA MEMBERS CREDIT UNION $325,000 $325,000 0.0% 0.1%
    VILLAGE CAPITAL MORTGAGE $85,000 $325,000 282.4% 0.1%
    Barrington Bank & Trust Company, N.A. $350,000 $320,000 -8.6% 0.1%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $255,000 $320,000 25.5% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $320,000 $320,000 0.0% 0.1%
    Servion, Inc. $155,000 $320,000 106.5% 0.1%
    Credence Funding Corporation $315,000 n/a 0.1%
    State Bank of Lizton $315,000 n/a 0.1%
    OPEN MORTGAGE, LLC $455,000 $310,000 -31.9% 0.1%
    INDIANA UNIVERSITY CREDIT UNION $305,000 n/a 0.1%
    Discover Bank $575,000 $300,000 -47.8% 0.1%
    Flagstar Bank, FSB $270,000 $300,000 11.1% 0.1%
    SPRING EQ, LLC $125,000 $300,000 140.0% 0.1%
    Mid-Continent Funding, Inc. $290,000 n/a 0.1%
    Figure Lending LLC $230,000 $280,000 21.7% 0.1%
    Industrial Federal Credit Union $280,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $75,000 $275,000 266.7% 0.1%
    PARTNERS 1ST Federal Credit Union $275,000 n/a 0.1%
    Old National Bank $115,000 $265,000 130.4% 0.1%
    MICHIGAN MUTUAL, INC. $240,000 n/a 0.1%
    PREMIER MORTGAGE RESOURCES, L.L.C. $240,000 n/a 0.1%
    Plains Commerce Bank $235,000 n/a 0.1%
    Wells Fargo Bank $1,090,000 $230,000 -78.9% 0.1%
    PLANET HOME LENDING, LLC $250,000 $225,000 -10.0% 0.1%
    The Home National Bank of Thorntown $75,000 $215,000 186.7% 0.1%
    TOP FLITE FINANCIAL, INC. $210,000 n/a 0.1%
    LIMA ONE CAPITAL, LLC $195,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $175,000 $195,000 11.4% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $640,000 $195,000 -69.5% 0.1%
    SOUTHWEST STAGE FUNDING, LLC $165,000 $195,000 18.2% 0.1%
    Ixonia Bank $185,000 n/a 0.1%
    CRANE $175,000 n/a 0.1%
    EMM LOANS LLC $155,000 $175,000 12.9% 0.1%
    PHH Mortgage Corporation $560,000 $170,000 -69.6% 0.1%
    First Bank of Berne $275,000 $165,000 -40.0% 0.1%
    Home State Bank $165,000 n/a 0.1%
    V.I.P. MORTGAGE, INC. $165,000 n/a 0.1%
    AMWEST FUNDING CORP. $155,000 $155,000 0.0% 0.1%
    FCN Bank $155,000 n/a 0.1%
    First Federal Savings Bank $195,000 $155,000 -20.5% 0.1%
    ZILLOW HOME LOANS, LLC $280,000 $155,000 -44.6% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $145,000 n/a 0.1%
    Bank of America $105,000 $145,000 38.1% 0.1%
    GENISYS $145,000 n/a 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $145,000 n/a 0.1%
    PANORAMA MORTGAGE GROUP, LLC $135,000 $145,000 7.4% 0.1%
    The Campbell & Fetter Bank $145,000 n/a 0.1%
    Bank of England $430,000 $135,000 -68.6% 0.1%
    DAS Acquisition Company, LLC $125,000 n/a 0.0%
    GUILD MORTGAGE COMPANY $125,000 n/a 0.0%
    Madison County Federal Credit Union $125,000 n/a 0.0%
    Paramount Residential Mortgage Group, Inc. $125,000 n/a 0.0%
    BAYSHORE MORTGAGE FUNDING, LLC $345,000 $115,000 -66.7% 0.0%
    COREVEST AMERICAN FINANCE LENDER LLC $115,000 n/a 0.0%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $115,000 n/a 0.0%
    AMERICAN FINANCIAL NETWORK, INC. $105,000 n/a 0.0%
    CORNERSTONE HOME LENDING, INC. $105,000 n/a 0.0%
    FIRST OHIO HOME FINANCE, INC. $100,000 n/a 0.0%
    A&D Mortgage LLC $95,000 n/a 0.0%
    Baxter Credit Union $125,000 $95,000 -24.0% 0.0%
    BELEM SERVICING LLC $95,000 n/a 0.0%
    FIRST COMMUNITY MORTGAGE, INC. $95,000 n/a 0.0%
    Network Funding, L.P. $95,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $100,000 $85,000 -15.0% 0.0%
    AMERICAN HERITAGE LENDING, INC. $85,000 n/a 0.0%
    EVERETT FINANCIAL, INC. $535,000 $85,000 -84.1% 0.0%
    PrimeTrust Financial Federal Credit Union $85,000 n/a 0.0%
    GREENSTATE CREDIT UNION $270,000 $75,000 -72.2% 0.0%
    NATIONWIDE MORTGAGE BANKERS, INC. $65,000 n/a 0.0%
    CARDINAL FINANCIAL $475,000 $55,000 -88.4% 0.0%
    Park Lane Finance Solutions, LLC $260,000 $55,000 -78.8% 0.0%
    Northpointe Bank $150,000 $45,000 -70.0% 0.0%
    SECURITYNATIONAL MORTGAGE COMPANY $205,000 $45,000 -78.0% 0.0%
    Connexus Credit Union $35,000 n/a 0.0%
    INOVA FEDERAL CREDIT UNION $35,000 n/a 0.0%
    ProFed Federal Credit Union $85,000 $35,000 -58.8% 0.0%
    Citizens Bank $185,000 $25,000 -86.5% 0.0%
    First Federal Savings Bank $195,000 $25,000 -87.2% 0.0%

    KOKOMO's top lender by overall market share is GVC MORTGAGE, INC., with 7.3% market share. In second place, with 5.8%, is Solidarity Community Federal Credit Union, having originated $15,460,000 in loans. In third place, with 5.7%, is RUOFF MORTGAGE COMPANY, INC., having originated $15,270,000 in loans. In fourth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $12,705,000 in loans. In fifth place, with 4.7%, is Community First Bank of Indiana, having originated $12,475,000 in loans.

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

    Realtor.com - KOKOMO (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 $86,225 (-4.1%) $123,621 (2.3%) 0.00 294
    2018-02-01 $82,450 (-8.3%) $119,100 (-2.4%) 0.00 281
    2018-03-01 $87,250 (-6.8%) $122,309 (-1.7%) 0.00 248
    2018-04-01 $99,450 (14.7%) $131,049 (5.7%) 0.00 228
    2018-05-01 $107,000 (15.7%) $139,446 (5.2%) 0.00 224
    2018-06-01 $122,700 (36.0%) $149,253 (15.6%) 0.00 257
    2018-07-01 $91,575 (-7.0%) $129,805 (-0.2%) 0.00 293
    2018-08-01 $94,575 (-7.9%) $133,824 (-5.1%) 0.00 298
    2018-09-01 $99,900 (0.0%) $137,825 (-7.3%) 0.00 318
    2018-10-01 $119,900 (23.2%) $139,414 (-5.5%) 0.00 367
    2018-11-01 $117,600 (23.5%) $134,671 (-7.0%) 0.00 358
    2018-12-01 $112,490 (25.1%) $130,123 (5.6%) 0.00 373
    2019-01-01 $111,343 (29.1%) $128,640 (4.1%) 0.00 345
    2019-02-01 $113,450 (37.6%) $128,220 (7.7%) 0.00 314
    2019-03-01 $115,347 (32.2%) $129,401 (5.8%) 0.00 282
    2019-04-01 $120,352 (21.0%) $137,007 (4.6%) 0.00 253
    2019-05-01 $123,490 (15.4%) $143,308 (2.8%) 0.00 239
    2019-06-01 $129,945 (5.9%) $150,283 (0.7%) 0.00 236
    2019-07-01 $135,950 (48.5%) $154,872 (19.3%) 0.00 232
    2019-08-01 $133,142 (40.8%) $153,648 (14.8%) 0.00 236
    2019-09-01 $122,937 (23.1%) $149,364 (8.4%) 0.00 245
    2019-10-01 $115,000 (-4.1%) $145,506 (4.4%) 0.00 254
    2019-11-01 $119,900 (2.0%) $144,687 (7.4%) 0.00 243
    2019-12-01 $118,720 (5.5%) $145,277 (11.7%) 0.00 228
    2020-01-01 $114,995 (3.3%) $144,092 (12.0%) 0.00 206
    2020-02-01 $115,000 (1.4%) $142,781 (11.4%) 0.00 182
    2020-03-01 $129,700 (12.4%) $146,467 (13.2%) 0.00 148
    2020-04-01 $127,400 (5.9%) $143,669 (4.9%) 0.00 149
    2020-05-01 $132,900 (7.6%) $154,586 (7.9%) 0.00 135
    2020-06-01 $117,400 (-9.7%) $146,964 (-2.2%) 0.00 125
    2020-07-01 $139,600 (2.7%) $164,046 (5.9%) 0.00 132
    2020-08-01 $149,900 (12.6%) $160,951 (4.8%) 0.00 116
    2020-09-01 $144,175 (17.3%) $167,081 (11.9%) 0.00 122
    2020-10-01 $119,900 (4.3%) $156,024 (7.2%) 0.00 125
    2020-11-01 $122,150 (1.9%) $153,141 (5.8%) 0.00 137
    2020-12-01 $122,450 (3.1%) $156,344 (7.6%) 0.00 118
    2021-01-01 $139,900 (21.7%) $164,788 (14.4%) 0.00 85
    2021-02-01 $112,450 (-2.2%) $175,060 (22.6%) 0.00 58
    2021-03-01 $130,050 (0.3%) $182,074 (24.3%) 0.00 61
    2021-04-01 $159,800 (25.4%) $193,971 (35.0%) 0.00 45
    2021-05-01 $152,950 (15.1%) $180,619 (16.8%) 0.00 49
    2021-06-01 $114,888 (-2.1%) $158,701 (8.0%) 0.00 73
    2021-07-01 $109,900 (-21.3%) $146,671 (-10.6%) 0.00 109
    2021-08-01 $116,200 (-22.5%) $162,659 (1.1%) 0.00 98
    2021-09-01 $112,500 (-22.0%) $161,699 (-3.2%) 0.00 113
    2021-10-01 $112,000 (-6.6%) $140,672 (-9.8%) 0.00 118
    2021-11-01 $127,450 (4.3%) $162,272 (6.0%) 0.00 122
    2021-12-01 $119,950 (-2.0%) $157,004 (0.4%) 0.00 115
    2022-01-01 $113,900 (-18.6%) $127,711 (-22.5%) 0.00 95
    2022-02-01 $98,675 (-12.3%) $122,511 (-30.0%) 0.00 80
    2022-03-01 $108,700 (-16.4%) $138,575 (-23.9%) 0.00 82
    2022-04-01 $109,450 (-31.5%) $139,535 (-28.1%) 0.00 67
    2022-05-01 $149,900 (-2.0%) $179,869 (-0.4%) 0.00 87
    2022-06-01 $145,500 (26.7%) $179,875 (13.3%) 0.00 102
    2022-07-01 $134,400 (22.3%) $187,031 (27.5%) 0.00 120
    2022-08-01 $130,700 (12.5%) $181,134 (11.4%) 0.00 131
    2022-09-01 $144,925 (28.8%) $185,004 (14.4%) 0.00 133
    2022-10-01 $148,000 (32.1%) $189,232 (34.5%) 0.00 145
    2022-11-01 $162,750 (27.7%) $188,662 (16.3%) 0.00 156
    2022-12-01 $164,000 (36.7%) $189,819 (20.9%) 0.00 134
    2023-01-01 $149,250 (31.0%) $180,435 (41.3%) 0.00 118
    2023-02-01 $159,900 (62.1%) $190,896 (55.8%) 0.00 81
    2023-03-01 $143,475 (32.0%) $188,015 (35.7%) 0.00 72
    2023-04-01 $147,900 (35.1%) $193,678 (38.8%) 0.00 85
    2023-05-01 $147,200 (-1.8%) $192,924 (7.3%) 0.00 95
    2023-06-01 $166,975 (14.8%) $199,105 (10.7%) 0.00 109
    2023-07-01 $166,950 (24.2%) $202,141 (8.1%) 0.00 109
    2023-08-01 $198,675 (52.0%) $222,984 (23.1%) 0.00 109
    2023-09-01 $187,250 (29.2%) $211,652 (14.4%) 0.00 118
    2023-10-01 $181,200 (22.4%) $204,825 (8.2%) 0.00 136
    2023-11-01 $192,600 (18.3%) $227,816 (20.8%) 0.00 142
    2023-12-01 $184,700 (12.6%) $221,341 (16.6%) 0.00 148
    2024-01-01 $167,425 (12.2%) $207,941 (15.2%) 0.00 131
    2024-02-01 $186,225 (16.5%) $212,717 (11.4%) 0.00 82
    2024-03-01 $212,300 (48.0%) $232,469 (23.6%) 0.00 74
    2024-04-01 $204,125 (38.0%) $228,951 (18.2%) 0.00 74
    2024-05-01 $234,725 (59.5%) $244,057 (26.5%) 0.00 85
    2024-06-01 $239,900 (43.7%) $254,589 (27.9%) 0.00 92
    2024-07-01 $223,675 (34.0%) $243,115 (20.3%) 0.00 102
    2024-08-01 $219,900 (10.7%) $250,854 (12.5%) 0.00 109
    2024-09-01 $204,950 (9.5%) $246,612 (16.5%) 0.00 143
    2024-10-01 $195,000 (7.6%) $239,183 (16.8%) 0.00 153
    KOKOMO's median listing price for 2024-10-01 was $195,000, a difference of $13,800 (7.6%) versus the prior year and $-9,950 versus the prior month.

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

    KOKOMO's average listing price for 2024-10-01 was $239,183, a difference of $34,358 (16.8%) versus the prior year and $-7,429 versus the prior month.

    For the 2024-10-01 period, KOKOMO had 153 MLS listings, a difference of 10 listings (7%) versus the prior month and 17 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - KOKOMO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,535 sqft
    2018-02-01 0 days 1,494 sqft
    2018-03-01 0 days 1,500 sqft
    2018-04-01 0 days 1,557 sqft
    2018-05-01 0 days 1,576 sqft
    2018-06-01 0 days 1,644 sqft
    2018-07-01 0 days 1,531 sqft
    2018-08-01 0 days 1,592 sqft
    2018-09-01 0 days 1,630 sqft
    2018-10-01 0 days 1,618 sqft
    2018-11-01 0 days 1,592 sqft
    2018-12-01 0 days 1,568 sqft
    2019-01-01 0 days 1,507 sqft
    2019-02-01 0 days 1,505 sqft
    2019-03-01 0 days 1,525 sqft
    2019-04-01 0 days 1,578 sqft
    2019-05-01 0 days 1,607 sqft
    2019-06-01 0 days 1,712 sqft
    2019-07-01 0 days 1,668 sqft
    2019-08-01 0 days 1,700 sqft
    2019-09-01 0 days 1,680 sqft
    2019-10-01 0 days 1,632 sqft
    2019-11-01 0 days 1,600 sqft
    2019-12-01 0 days 1,566 sqft
    2020-01-01 0 days 1,675 sqft
    2020-02-01 0 days 1,662 sqft
    2020-03-01 0 days 1,646 sqft
    2020-04-01 0 days 1,660 sqft
    2020-05-01 0 days 1,728 sqft
    2020-06-01 0 days 1,613 sqft
    2020-07-01 0 days 1,745 sqft
    2020-08-01 0 days 1,641 sqft
    2020-09-01 0 days 1,546 sqft
    2020-10-01 0 days 1,443 sqft
    2020-11-01 0 days 1,569 sqft
    2020-12-01 0 days 1,548 sqft
    2021-01-01 0 days 1,592 sqft
    2021-02-01 0 days 1,497 sqft
    2021-03-01 0 days 1,420 sqft
    2021-04-01 0 days 1,573 sqft
    2021-05-01 0 days 1,508 sqft
    2021-06-01 0 days 1,419 sqft
    2021-07-01 0 days 1,406 sqft
    2021-08-01 0 days 1,524 sqft
    2021-09-01 0 days 1,517 sqft
    2021-10-01 0 days 1,476 sqft
    2021-11-01 0 days 1,561 sqft
    2021-12-01 0 days 1,470 sqft
    2022-01-01 0 days 1,408 sqft
    2022-02-01 0 days 1,335 sqft
    2022-03-01 0 days 1,418 sqft
    2022-04-01 0 days 1,448 sqft
    2022-05-01 0 days 1,584 sqft
    2022-06-01 0 days 1,534 sqft
    2022-07-01 0 days 1,463 sqft
    2022-08-01 0 days 1,546 sqft
    2022-09-01 0 days 1,466 sqft
    2022-10-01 0 days 1,512 sqft
    2022-11-01 0 days 1,544 sqft
    2022-12-01 0 days 1,512 sqft
    2023-01-01 0 days 1,488 sqft
    2023-02-01 0 days 1,538 sqft
    2023-03-01 0 days 1,498 sqft
    2023-04-01 0 days 1,589 sqft
    2023-05-01 0 days 1,571 sqft
    2023-06-01 0 days 1,668 sqft
    2023-07-01 0 days 1,777 sqft
    2023-08-01 0 days 1,827 sqft
    2023-09-01 0 days 1,784 sqft
    2023-10-01 0 days 1,635 sqft
    2023-11-01 0 days 1,780 sqft
    2023-12-01 0 days 1,724 sqft
    2024-01-01 0 days 1,612 sqft
    2024-02-01 0 days 1,648 sqft
    2024-03-01 0 days 1,800 sqft
    2024-04-01 0 days 1,817 sqft
    2024-05-01 0 days 1,811 sqft
    2024-06-01 0 days 1,799 sqft
    2024-07-01 0 days 1,678 sqft
    2024-08-01 0 days 1,722 sqft
    2024-09-01 0 days 1,697 sqft
    2024-10-01 0 days 1,673 sqft
    KOKOMO's median listing age (time on market) for 2024-10-01 was 0 days.

    KOKOMO's median square footage for active listings during the 2024-10-01 period was 1,673 sqft. One year prior, the average listing was 1,635 sqft.

    KOKOMO, IN Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    46039 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320
    46041 Kokomo, IN MSA $670 $760 $890 $1,140 $1,400
    46068 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320
    46076 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320
    46901 Kokomo, IN MSA $640 $670 $830 $1,120 $1,240
    46902 Kokomo, IN MSA $680 $710 $870 $1,180 $1,300
    46903 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320
    46904 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320
    46919 Kokomo, IN MSA $650 $680 $840 $1,140 $1,260
    46928 Kokomo, IN MSA $580 $630 $830 $1,050 $1,110
    46929 Kokomo, IN MSA $620 $630 $830 $1,020 $1,110
    46932 Kokomo, IN MSA $660 $690 $850 $1,160 $1,270
    46936 Kokomo, IN MSA $740 $770 $950 $1,290 $1,420
    46937 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320
    46965 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320
    46979 Kokomo, IN MSA $780 $810 $1,000 $1,360 $1,500
    46995 Kokomo, IN MSA $680 $720 $880 $1,200 $1,320

    2022 Average & Median Rent Data Statistics
    KOKOMO, IN average 1BR rent: $712, median: $720
    KOKOMO, IN average 2BR rent: $878, median: $880
    KOKOMO, IN average 3BR rent: $1,180, median: $1,200

    KOKOMO, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,133 $182,525,000 $161,099
    Other 280 $16,950,000 $60,536
    Cash Out Refi 272 $31,390,000 $115,404
    Home Improvement 134 $8,590,000 $64,104
    Refi 96 $26,820,000 $279,375

    Kokomo's most frequently cited loan purpose was Home Purchase, with 1,133 originations. The 2nd most popular reason was Other, with 280 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 678 $101,080,000 $149,086
    7-8% 598 $98,820,000 $165,251
    Over 8% 430 $31,040,000 $72,186
    5-6% 161 $25,805,000 $160,280
    <2.5% 8 $270,000 $33,750
    3-4% 8 $570,000 $71,250
    4-5% 7 $1,225,000 $175,000
    2.5-3% 1 $35,000 $35,000

    During 2023, Kokomo's most frequently originated rate bucket was 6-7%, with 678 originations.

    Loan Sizing (KOKOMO, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 865 $47,345,000 $54,734
    $100k-200k 708 $101,850,000 $143,856
    $200k-400k 312 $81,880,000 $262,436
    $400k-600k 22 $10,340,000 $470,000
    $600k-1000k 5 $3,845,000 $769,000
    $Over $1MM 3 $21,015,000 $7,005,000

    KOKOMO's loan sizing saw the bucket of loans from $100,000 or less with 865 originations, totaling $47,345,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 811 $140,425,000 $173,150
    60-80% 393 $72,035,000 $183,295
    20-40% 271 $16,625,000 $61,347
    Under 20% 192 $6,310,000 $32,865
    40-60% 148 $16,170,000 $109,257
    Over 100% 23 $4,695,000 $204,130

    KOKOMO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 811 originations, totaling $140,425,000 in origination value.