KOKOMO Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Kokomo averaged 7.25% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 7.26% and one month ago for the week of 2024-05-30, the average rate was 7.23%.

Kokomo's average rate one year ago was 6.71%.

For refis of the same type during the week of 2024-07-03, the average rate was 6.95%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Kokomo 30 Year Fixed Rate 2024-07-03 7.25%
Kokomo 30 Year Fixed Rate Refi 2024-07-03 6.95%
Kokomo 15 Year Fixed Rate 2024-07-03 6.45%
Kokomo 15 Year Fixed Rate Refi 2024-07-03 6.25%
Kokomo 30 Year FHA 2024-07-03 6.92%
Kokomo 30 Year FHA Refi 2024-07-03 6.62%
Kokomo 30 Year USDA 2024-07-03 6.64%
Kokomo 30 Year USDA Refi 2024-07-03 6.74%
Kokomo 30 Year VA 2024-07-03 6.75%
Kokomo 30 Year VA Refi 2024-07-03 6.38%
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 $249,900 (49.7%) $257,616 (29.4%) 0.00 92
KOKOMO's median listing price for 2024-06-01 was $249,900, a difference of $82,925 (49.7%) versus the prior year and $15,175 versus the prior month.

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

KOKOMO's average listing price for 2024-06-01 was $257,616, a difference of $58,511 (29.4%) versus the prior year and $13,559 versus the prior month.

For the 2024-06-01 period, KOKOMO had 92 MLS listings, a difference of 7 listings (8%) versus the prior month and -17 listings (-16%) 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 1,858 sqft
KOKOMO's median listing age (time on market) for 2024-06-01 was 0 days.

KOKOMO's median square footage for active listings during the 2024-06-01 period was 1,858 sqft. One year prior, the average listing was 1,668 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.