KOKOMO Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Kokomo averaged
6.92%
for the week of 2024-10-31, compared to the national average of
6.72% for the same period.
The average rate for the prior week (2024-10-24) was
6.84% and
one month ago for the week of 2024-09-26, the
average rate was 6.08%.
Kokomo's average rate one year ago was 7.79%.
For refis of the same type during the week of 2024-10-31, the average rate
was 6.62%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-31 | 6.72% |
Kokomo 30 Year Fixed Rate | 2024-10-31 | 6.92% |
Kokomo 30 Year Fixed Rate Refi | 2024-10-31 | 6.62% |
Kokomo 15 Year Fixed Rate | 2024-10-31 | 6.09% |
Kokomo 15 Year Fixed Rate Refi | 2024-10-31 | 6.39% |
Kokomo 30 Year FHA | 2024-10-31 | 6.48% |
Kokomo 30 Year FHA Refi | 2024-10-31 | 6.29% |
Kokomo 30 Year USDA | 2024-10-31 | 6.37% |
Kokomo 30 Year USDA Refi | 2024-10-31 | 6.67% |
Kokomo 30 Year VA | 2024-10-31 | 6.48% |
Kokomo 30 Year VA Refi | 2024-10-31 | 6.31% |
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 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. LouisDate | 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 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. LouisDate | 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 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.
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.