KOKOMO Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Kokomo averaged
6.68%
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
6.91% and
one month ago for the week of 2023-02-09, the
average rate was 6.5%.
Kokomo's average rate one year ago was 3.93%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.78%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Kokomo 30 Year Fixed Rate | 2023-03-16 | 6.68% |
| Kokomo 30 Year Fixed Rate Refi | 2023-03-16 | 6.78% |
| Kokomo 15 Year Fixed Rate | 2023-03-16 | 6.79% |
| Kokomo 15 Year Fixed Rate Refi | 2023-03-16 | 6.2% |
| Kokomo 30 Year FHA | 2023-03-16 | 6.49% |
| Kokomo 30 Year FHA Refi | 2023-03-16 | 6.7% |
| Kokomo 30 Year USDA | 2023-03-16 | 6.64% |
| Kokomo 30 Year USDA Refi | 2023-03-16 | 6.48% |
| Kokomo 30 Year VA | 2023-03-16 | 6.66% |
| Kokomo 30 Year VA Refi | 2023-03-16 | 6% |
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.).
KOKOMO Average Closing Costs & Other Stats
KOKOMO, IN's 117 lenders originated 3,704
loans during 2021. The total origination value was $515,140,000, with an average loan value of
$139,077.
KOKOMO's average closing costs are $3,251.
The top KOKOMO lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with
167 loans originated. Their average total fees are
$1,957, which is $762
lower than the next largest lender,
Solidarity Community Federal Credit Union.
The lowest fee KOKOMO lenders (with over 10 loans originated) are
Union Savings Bank ($997), FINANCIAL BUILDERS Federal Credit Union ($1,462), Regions Bank ($1,545), First Farmers Bank and Trust Company ($1,700) and KeyBank ($1,791).
The lowest rate KOKOMO lenders (with over 10 loans originated) are
Security Federal Savings Bank (3.01%), AMERISAVE MORTGAGE CORPORATION (3.02%), UNITED WHOLESALE MORTGAGE, LLC (3.02%), Union Savings Bank (3.03%) and STAR Financial Bank (3.03%).
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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| RUOFF MORTGAGE COMPANY, INC. | $50,555,000 | $51,390,000 | 1.7% | 10.0% |
| Solidarity Community Federal Credit Union | $46,920,000 | $39,000,000 | -16.9% | 7.6% |
| First Farmers Bank and Trust Company | $33,880,000 | $38,160,000 | 12.6% | 7.4% |
| QUICKEN LOANS, LLC | $24,660,000 | $37,370,000 | 51.5% | 7.3% |
| GVC MORTGAGE, INC. | $23,215,000 | $26,610,000 | 14.6% | 5.2% |
| PLAZA HOME MORTGAGE, INC. | $18,990,000 | $24,510,000 | 29.1% | 4.8% |
| Community First Bank of Indiana | $24,250,000 | $24,065,000 | -0.8% | 4.7% |
| FREEDOM MORTGAGE CORPORATION | $15,945,000 | $19,940,000 | 25.1% | 3.9% |
| LEADERONE FINANCIAL CORPORATION | $30,750,000 | $16,730,000 | -45.6% | 3.2% |
| Merchants Bank of Indiana | $225,000 | $14,825,000 | 6,488.9% | 2.9% |
| STOCKTON MORTGAGE CORPORATION | $11,530,000 | $13,495,000 | 17.0% | 2.6% |
| KeyBank | $6,650,000 | $9,825,000 | 47.7% | 1.9% |
| Mortgage Research Center, LLC | $6,360,000 | $9,520,000 | 49.7% | 1.8% |
| First Merchants Bank | $1,985,000 | $9,060,000 | 356.4% | 1.8% |
| FINANCIAL BUILDERS Federal Credit Union | $7,415,000 | $8,750,000 | 18.0% | 1.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $8,210,000 | n/a | 1.6% | |
| Security Federal Savings Bank | $6,300,000 | $5,655,000 | -10.2% | 1.1% |
| BMO Harris Bank | $4,010,000 | $5,510,000 | 37.4% | 1.1% |
| STAR Financial Bank | $6,750,000 | $5,435,000 | -19.5% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $1,670,000 | $5,360,000 | 221.0% | 1.0% |
| LOANDEPOT.COM, LLC | $1,905,000 | $5,340,000 | 180.3% | 1.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $5,965,000 | $4,815,000 | -19.3% | 0.9% |
| CALIBER HOME LOANS, INC. | $2,680,000 | $4,260,000 | 59.0% | 0.8% |
| Farm Credit Mid-America, ACA | $2,210,000 | $4,185,000 | 89.4% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $3,035,000 | $4,045,000 | 33.3% | 0.8% |
| The Huntington National Bank | $5,475,000 | $4,000,000 | -26.9% | 0.8% |
| Horizon Bank | $4,995,000 | $3,890,000 | -22.1% | 0.8% |
| Fifth Third Bank | $1,350,000 | $3,745,000 | 177.4% | 0.7% |
| JPMorgan Chase Bank | $2,325,000 | $3,695,000 | 58.9% | 0.7% |
| PNC Bank | $5,205,000 | $3,595,000 | -30.9% | 0.7% |
| Union Savings Bank | $1,955,000 | $3,555,000 | 81.8% | 0.7% |
| Wells Fargo Bank | $1,790,000 | $3,450,000 | 92.7% | 0.7% |
| NEWREZ LLC | $1,125,000 | $3,145,000 | 179.6% | 0.6% |
| Regions Bank | $4,740,000 | $3,065,000 | -35.3% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $755,000 | $2,935,000 | 288.7% | 0.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,985,000 | $2,930,000 | -1.8% | 0.6% |
| ROYAL UNITED MORTGAGE LLC | $1,390,000 | $2,660,000 | 91.4% | 0.5% |
| LAKEVIEW LOAN SERVICING, LLC | $1,130,000 | $2,625,000 | 132.3% | 0.5% |
| AMERIFIRST FINANCIAL CORPORATION | $5,575,000 | $2,595,000 | -53.5% | 0.5% |
| TEACHERS CREDIT UNION | $1,175,000 | $2,560,000 | 117.9% | 0.5% |
| USAA Federal Savings Bank | $1,575,000 | $2,455,000 | 55.9% | 0.5% |
| GUARANTEED RATE, INC. | $865,000 | $2,295,000 | 165.3% | 0.4% |
| Bank of America | $140,000 | $2,185,000 | 1,460.7% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $690,000 | $2,180,000 | 215.9% | 0.4% |
| Flagstar Bank, FSB | $1,505,000 | $2,085,000 | 38.5% | 0.4% |
| FINANCIAL CENTER FIRST CREDIT UNION | $2,915,000 | $1,750,000 | -40.0% | 0.3% |
| BROKER SOLUTIONS, INC. | $575,000 | $1,705,000 | 196.5% | 0.3% |
| FORUM Credit Union | $255,000 | $1,555,000 | 509.8% | 0.3% |
| Old National Bank | $275,000 | $1,460,000 | 430.9% | 0.3% |
| Crossroads Bank | $1,835,000 | $1,390,000 | -24.3% | 0.3% |
| MJW Financial LLC | $1,290,000 | n/a | 0.3% | |
| MEMBER FIRST MORTGAGE, LLC | $1,270,000 | $1,285,000 | 1.2% | 0.2% |
| First Bank of Berne | $1,355,000 | $1,280,000 | -5.5% | 0.2% |
| Low VA Rates, LLC | $55,000 | $1,225,000 | 2,127.3% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,255,000 | $1,225,000 | -2.4% | 0.2% |
| HALLMARK HOME MORTGAGE, LLC | $1,635,000 | $1,205,000 | -26.3% | 0.2% |
| Carrington Mortgage Services, LLC | $1,800,000 | $1,175,000 | -34.7% | 0.2% |
| BEACON CREDIT UNION | $290,000 | $1,065,000 | 267.2% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,590,000 | $1,000,000 | -37.1% | 0.2% |
| Nations Lending Corporation | $175,000 | $960,000 | 448.6% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $255,000 | $950,000 | 272.5% | 0.2% |
| InterContinental Capital Group, Inc | $145,000 | $935,000 | 544.8% | 0.2% |
| U.S. Bank | $1,035,000 | $915,000 | -11.6% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $715,000 | $840,000 | 17.5% | 0.2% |
| INDIANA UNIVERSITY CREDIT UNION | $830,000 | n/a | 0.2% | |
| The Farmers Bank, Frankfort, Indiana | $655,000 | $830,000 | 26.7% | 0.2% |
| BETTER MORTGAGE CORPORATION | $315,000 | $790,000 | 150.8% | 0.2% |
| First Guaranty Mortgage Corporation | $345,000 | $790,000 | 129.0% | 0.2% |
| AmeriHome Mortgage Company, LLC | $1,980,000 | $765,000 | -61.4% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $735,000 | $750,000 | 2.0% | 0.1% |
| AMERICAN MORTGAGE SERVICE COMPANY | $850,000 | $745,000 | -12.4% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,200,000 | $725,000 | -39.6% | 0.1% |
| 21ST MORTGAGE CORPORATION | $700,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $105,000 | $700,000 | 566.7% | 0.1% |
| UNION HOME MORTGAGE CORP. | $1,135,000 | $695,000 | -38.8% | 0.1% |
| EVERETT FINANCIAL, INC. | $690,000 | n/a | 0.1% | |
| ENDEAVOR CAPITAL, LLC. | $165,000 | $660,000 | 300.0% | 0.1% |
| Bank of England | $210,000 | $640,000 | 204.8% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $65,000 | $635,000 | 876.9% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $610,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $790,000 | $605,000 | -23.4% | 0.1% |
| JLB CORPORATION | $385,000 | $605,000 | 57.1% | 0.1% |
| AMERICAN FINANCING CORPORATION | $585,000 | n/a | 0.1% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $180,000 | $555,000 | 208.3% | 0.1% |
| The Fountain Trust Company | $385,000 | $530,000 | 37.7% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,150,000 | $515,000 | -55.2% | 0.1% |
| SIRVA MORTGAGE, INC. | $155,000 | $515,000 | 232.3% | 0.1% |
| Northwest Bank | $485,000 | n/a | 0.1% | |
| Manufacturers and Traders Trust Company | $470,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $145,000 | $465,000 | 220.7% | 0.1% |
| Baxter Credit Union | $445,000 | n/a | 0.1% | |
| Colten Mortgage, LLC | $135,000 | $445,000 | 229.6% | 0.1% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $435,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $430,000 | n/a | 0.1% | |
| Ally Bank | $105,000 | $425,000 | 304.8% | 0.1% |
| First Financial Bank | $375,000 | $415,000 | 10.7% | 0.1% |
| FLAT BRANCH MORTGAGE, INC. | $515,000 | $400,000 | -22.3% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $555,000 | $385,000 | -30.6% | 0.1% |
| First Financial Bank | $375,000 | $370,000 | -1.3% | 0.1% |
| TUCKER MORTGAGE, LLC | $320,000 | $370,000 | 15.6% | 0.1% |
| PURDUE FEDERAL CREDIT UNION | $1,570,000 | $365,000 | -76.8% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $770,000 | $360,000 | -53.2% | 0.1% |
| Servion, Inc. | $775,000 | $360,000 | -53.5% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $355,000 | n/a | 0.1% | |
| CHERRY CREEK MORTGAGE, LLC | $345,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $175,000 | $325,000 | 85.7% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $380,000 | $300,000 | -21.1% | 0.1% |
| Discover Bank | $295,000 | n/a | 0.1% | |
| Centra Credit Union | $4,005,000 | $285,000 | -92.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $280,000 | $280,000 | 0.0% | 0.1% |
| ARC HOME LLC | $520,000 | $275,000 | -47.1% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $150,000 | $275,000 | 83.3% | 0.1% |
| MILESTONE HOME LENDING, LLC | $780,000 | $270,000 | -65.4% | 0.1% |
| DIRECT MORTGAGE LOANS, LLC | $155,000 | $265,000 | 71.0% | 0.1% |
| Gateway First Bank | $145,000 | $265,000 | 82.8% | 0.1% |
| Oxford Bank & Trust | $130,000 | $265,000 | 103.8% | 0.1% |
| BNC National Bank | $255,000 | n/a | 0.0% | |
| Centier Bank | $635,000 | $255,000 | -59.8% | 0.0% |
| First National Bank of Omaha | $255,000 | n/a | 0.0% | |
| PARTNERS 1ST Federal Credit Union | $220,000 | $255,000 | 15.9% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $450,000 | $245,000 | -45.6% | 0.0% |
| Waterstone Mortgage Corporation | $245,000 | n/a | 0.0% | |
| Industrial Federal Credit Union | $235,000 | n/a | 0.0% | |
| Reliant Bank | $235,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $225,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $80,000 | $220,000 | 175.0% | 0.0% |
| First Federal Savings Bank | $125,000 | $220,000 | 76.0% | 0.0% |
| GENEVA FINANCIAL, LLC | $145,000 | $215,000 | 48.3% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $65,000 | $215,000 | 230.8% | 0.0% |
| Three Rivers Federal Credit Union | $405,000 | $210,000 | -48.1% | 0.0% |
| 1st Source Bank | $505,000 | $205,000 | -59.4% | 0.0% |
| DIGITAL Federal Credit Union | $205,000 | n/a | 0.0% | |
| ProFed Federal Credit Union | $205,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $195,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $270,000 | $195,000 | -27.8% | 0.0% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $260,000 | $185,000 | -28.8% | 0.0% |
| LOANPAL, LLC | $185,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $85,000 | $180,000 | 111.8% | 0.0% |
| Residential Mortgage Solutions, Inc. | $175,000 | n/a | 0.0% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $305,000 | $165,000 | -45.9% | 0.0% |
| MMS MORTGAGE SERVICES, LTD. | $165,000 | n/a | 0.0% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $485,000 | $165,000 | -66.0% | 0.0% |
| RBC Bank, (Georgia) | $165,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $155,000 | n/a | 0.0% | |
| ROSS MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $610,000 | $155,000 | -74.6% | 0.0% |
| Watermark Capital, Inc. | $155,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $145,000 | n/a | 0.0% | |
| First Home Bank | $145,000 | n/a | 0.0% | |
| Key Mortgage Services, Inc. | $145,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $115,000 | $145,000 | 26.1% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $425,000 | $145,000 | -65.9% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $140,000 | n/a | 0.0% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $135,000 | n/a | 0.0% | |
| Heartland Bank and Trust Company | $135,000 | n/a | 0.0% | |
| Northpointe Bank | $235,000 | $130,000 | -44.7% | 0.0% |
| CANOPY MORTGAGE, LLC | $125,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $560,000 | $125,000 | -77.7% | 0.0% |
| Farmers and Merchants Bank | $125,000 | n/a | 0.0% | |
| First Federal Savings Bank | $125,000 | $125,000 | 0.0% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $880,000 | $125,000 | -85.8% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $230,000 | $120,000 | -47.8% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $115,000 | n/a | 0.0% | |
| FINANCE OF AMERICA COMMERCIAL LLC | $115,000 | n/a | 0.0% | |
| First Option Mortgage, LLC | $440,000 | $115,000 | -73.9% | 0.0% |
| Wolfe Financial, Inc | $745,000 | $115,000 | -84.6% | 0.0% |
| Citibank | $105,000 | n/a | 0.0% | |
| German American Bank | $105,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $105,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $105,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $495,000 | $105,000 | -78.8% | 0.0% |
| The Home Loan Expert LLC | $95,000 | n/a | 0.0% | |
| Century Mortgage Company DBA Century Lending Company | $85,000 | n/a | 0.0% | |
| Citizens Bank | $360,000 | $85,000 | -76.4% | 0.0% |
| SOUTHWEST FUNDING, LP | $125,000 | $85,000 | -32.0% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $75,000 | n/a | 0.0% | |
| INDIANA MEMBERS CREDIT UNION | $560,000 | $75,000 | -86.6% | 0.0% |
| LIMA ONE CAPITAL, LLC | $75,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $220,000 | $75,000 | -65.9% | 0.0% |
| CIBM Bank | $65,000 | n/a | 0.0% | |
| Lake City Bank | $65,000 | n/a | 0.0% | |
| 1ST SIGNATURE LENDING, LLC | $825,000 | $55,000 | -93.3% | 0.0% |
| Madison County Federal Credit Union | $55,000 | n/a | 0.0% | |
| BLUELEAF LENDING, LLC | $80,000 | $45,000 | -43.8% | 0.0% |
| Park Lane Finance Solutions, LLC | $45,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $355,000 | $35,000 | -90.1% | 0.0% |
| Figure Lending LLC | $25,000 | n/a | 0.0% |
KOKOMO's top lender by overall market share is RUOFF MORTGAGE COMPANY, INC., with 10.0% market share. In second place, with 7.6%, is Solidarity Community Federal Credit Union, having originated $39,000,000 in loans. In third place, with 7.4%, is First Farmers Bank and Trust Company, having originated $38,160,000 in loans. In fourth place, with 7.3%, is QUICKEN LOANS, LLC, having originated $37,370,000 in loans. In fifth place, with 5.2%, is GVC MORTGAGE, INC., having originated $26,610,000 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%) | $130,855 (5.6%) | 0.00 | 228 |
| 2018-05-01 | $107,000 (15.1%) | $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 | $95,175 (-7.3%) | $133,819 (-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%) | $128,669 (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%) | $137,023 (4.7%) | 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 (39.9%) | $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 | $158,675 (60.8%) | $189,569 (54.7%) | 0.00 | 81 |
KOKOMO's median listing price comes in at 0% of the national average.
KOKOMO's average listing price for 2023-02-01 was $189,569, a difference of $67,058 (54.7%) versus the prior year and $9,134 versus the prior month.
For the 2023-02-01 period, KOKOMO had 81 MLS listings, a difference of -37 listings (-31%) versus the prior month and 1 listings (1%) 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 | 1,556 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 | 1,590 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 | 1,699 sqft |
| 2019-09-01 | 0 days | 1,677 sqft |
| 2019-10-01 | 0 days | 1,630 sqft |
| 2019-11-01 | 0 days | 1,577 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 | 1,505 sqft |
| 2023-01-01 | 0 days | 1,488 sqft |
| 2023-02-01 | 0 days | 1,532 sqft |
KOKOMO's median square footage for active listings during the 2023-02-01 period was 1,532 sqft. One year prior, the average listing was 1,335 sqft.
KOKOMO, IN Average Rent (2022)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 46039 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
| 46041 | Kokomo, IN | $620 | $710 | $860 | $1,130 | $1,310 |
| 46068 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
| 46076 | Kokomo, IN | $590 | $610 | $750 | $1,050 | $1,150 |
| 46901 | Kokomo, IN | $580 | $600 | $740 | $1,030 | $1,130 |
| 46902 | Kokomo, IN | $620 | $630 | $780 | $1,090 | $1,190 |
| 46903 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
| 46904 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
| 46919 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
| 46928 | Kokomo, IN | $520 | $570 | $740 | $940 | $1,010 |
| 46929 | Kokomo, IN | $560 | $560 | $740 | $920 | $1,010 |
| 46932 | Kokomo, IN | $640 | $650 | $810 | $1,130 | $1,240 |
| 46936 | Kokomo, IN | $650 | $660 | $820 | $1,150 | $1,250 |
| 46937 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
| 46965 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
| 46979 | Kokomo, IN | $650 | $660 | $820 | $1,150 | $1,250 |
| 46995 | Kokomo, IN | $590 | $600 | $740 | $1,030 | $1,130 |
2022 Average & Median Rent Data Statistics
KOKOMO, IN average 1BR rent: $615, median: $600
KOKOMO, IN average 2BR rent: $764, median: $740
KOKOMO, IN average 3BR rent: $1,049, median: $1,030
KOKOMO, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,448 | $233,690,000 | $161,388 |
| Refi | 1,154 | $165,980,000 | $143,830 |
| Cash Out Refi | 826 | $100,900,000 | $122,155 |
| Other | 195 | $10,045,000 | $51,513 |
| Home Improvement | 81 | $4,525,000 | $55,864 |
Kokomo's most frequently cited loan purpose was Home Purchase, with 1,448 originations. The 2nd most popular reason was Refi, with 1,154 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,630 | $233,660,000 | $143,350 |
| 2.5-3% | 1,205 | $175,675,000 | $145,788 |
| <2.5% | 521 | $72,065,000 | $138,321 |
| 4-5% | 220 | $24,430,000 | $111,045 |
| 5-6% | 49 | $3,905,000 | $79,694 |
| 7-8% | 27 | $1,545,000 | $57,222 |
| Over 8% | 24 | $950,000 | $39,583 |
| 6-7% | 18 | $1,940,000 | $107,778 |
During 2021, Kokomo's most frequently originated rate bucket was 3-4%, with 1,630 originations.
Loan Sizing (KOKOMO, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,634 | $230,700,000 | $141,187 |
| $100,000 or less | 1,459 | $92,025,000 | $63,074 |
| $200k-400k | 567 | $145,805,000 | $257,152 |
| $400k-600k | 30 | $13,710,000 | $457,000 |
| $600k-1000k | 8 | $6,100,000 | $762,500 |
| $Over $1MM | 6 | $26,800,000 | $4,466,667 |
KOKOMO's loan sizing saw the bucket of loans from $100k-200k with 1,634 originations, totaling $230,700,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,503 | $237,285,000 | $157,874 |
| 60-80% | 1,152 | $181,590,000 | $157,630 |
| 40-60% | 404 | $41,100,000 | $101,733 |
| 20-40% | 225 | $13,205,000 | $58,689 |
| Under 20% | 182 | $5,270,000 | $28,956 |
| Over 100% | 38 | $8,790,000 | $231,316 |
KOKOMO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,503 originations, totaling $237,285,000 in origination value.