Logansport Mortgage Rates & Closing Costs

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  • Trends
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  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Logansport averaged 7.11% 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 7.04% and one month ago for the week of 2023-02-09, the average rate was 6.33%.

    Logansport's average rate one year ago was 4.03%.

    For refis of the same type during the week of 2023-03-16, the average rate was 7.05%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Logansport 30 Year Fixed Rate 2023-03-16 7.11%
    Logansport 30 Year Fixed Rate Refi 2023-03-16 7.05%
    Logansport 15 Year Fixed Rate 2023-03-16 6.26%
    Logansport 15 Year Fixed Rate Refi 2023-03-16 6.25%
    Logansport 30 Year FHA 2023-03-16 6.68%
    Logansport 30 Year FHA Refi 2023-03-16 6.23%
    Logansport 30 Year USDA 2023-03-16 6.38%
    Logansport 30 Year USDA Refi 2023-03-16 6.24%
    Logansport 30 Year VA 2023-03-16 6.59%
    Logansport 30 Year VA Refi 2023-03-16 5.96%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Logansport, IN.

    Logansport 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 Logansport, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    Security Federal Savings Bank 69 5.31% $2,000
    First Farmers Bank and Trust Company 20 5.81% $1,880
    RUOFF MORTGAGE COMPANY, INC. 18 5.10% $2,330
    MOVEMENT MORTGAGE, LLC 12 6.24% $4,119
    BEACON CREDIT UNION 11 4.92% $2,037
    Hometown Lenders, Inc. 11 5.28% $4,170
    QUICKEN LOANS, LLC 10 5.20% $5,311
    Solidarity Community Federal Credit Union 8 5.34% $2,015
    The Huntington National Bank 8 4.73% $2,711
    Horizon Bank 8 6.03% $2,058
    PLAZA HOME MORTGAGE, INC. 6 5.25% $3,250
    Community First Bank of Indiana 3 4.58% $2,143
    First Merchants Bank 3 4.08% $2,556
    PNC Bank 3 5.75% $2,525
    ROYAL UNITED MORTGAGE LLC 3 5.63% $5,241
    STOCKTON MORTGAGE CORPORATION 3 6.04% $3,953
    GVC MORTGAGE, INC. 3 5.37% $5,920
    LEADERONE FINANCIAL CORPORATION 3 5.33% $3,611
    Regions Bank 2 3.94% $2,461
    PENNYMAC LOAN SERVICES, LLC 2 5.37% $2,398
    UNITED WHOLESALE MORTGAGE, LLC 2 5.88% $2,677
    DIRECT MORTGAGE LOANS, LLC 2 5.94% $5,715
    JPMorgan Chase Bank 2 5.50% $3,663
    CALIBER HOME LOANS, INC. 2 5.94% $3,986
    AMERISAVE MORTGAGE CORPORATION 2 4.43% $6,819
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 5.06% $2,687
    Fifth Third Bank 2 5.11% $1,805
    First Federal Savings Bank 2 5.06% $2,449
    Mr. Cooper ( Nationstar Mortgage ) 2 4.19% $5,477
    HALLMARK HOME MORTGAGE, LLC 2 4.94% $4,827
    North American Savings Bank, F.S.B. 1 6.50% $4,522
    Carrington Mortgage Services, LLC 1 10.63% $5,096
    Crossroads Bank 1 5.50% $2,044
    Discover Bank 1 6.24% $0
    FINANCE OF AMERICA MORTGAGE LLC 1 5.88% $1,192
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 7.00% $9,603
    FORUM Credit Union 1 3.13% $1,328
    INLANTA MORTGAGE, INC. 1 5.25% $3,138
    Lake City Bank 1 5.38% $2,670
    LOANDEPOT.COM, LLC 1 4.99% $6,762
    Loan Simple, Inc. 1 5.50% $6,089
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $5,572
    NEWREZ LLC 1 3.50% $4,861
    1st Source Bank 1 5.13% $6,712
    Old National Bank 1 3.63% $2,106
    OPEN MORTGAGE, LLC 1 4.50% $5,031
    Prosperity Home Mortgage, LLC 1 5.63% $3,500
    SUCCESS MORTGAGE PARTNERS, INC. 1 6.13% $3,977
    TECH Credit Union 1 4.00% $2,559
    TUCKER MORTGAGE, LLC 1 6.13% $7,243
    UNION SQUARE 1 7.13% $2,084

    Logansport Average Closing Costs & Other Stats

    Logansport, IN's 51 lenders originated 729 loans during 2022. The total origination value was $93,675,000, with an average loan value of $128,498.

    Logansport's average closing costs are $3,017.

    The top Logansport lender as defined by loan originations is Security Federal Savings Bank, with 69 loans originated. Their average total fees are $2,000, which is $120 higher than the next largest lender, First Farmers Bank and Trust Company.

    The lowest fee Logansport lenders (with over 10 loans originated) are First Farmers Bank and Trust Company ($1,880), Security Federal Savings Bank ($2,000), BEACON CREDIT UNION ($2,037), RUOFF MORTGAGE COMPANY, INC. ($2,330) and MOVEMENT MORTGAGE, LLC ($4,119).

    The lowest rate Logansport lenders (with over 10 loans originated) are BEACON CREDIT UNION (4.92%), RUOFF MORTGAGE COMPANY, INC. (5.10%), QUICKEN LOANS, LLC (5.20%), Hometown Lenders, Inc. (5.28%) and Security Federal Savings Bank (5.31%).

    Logansport, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    Security Federal Savings Bank $19,665,000 $16,975,000 -13.7% 18.1%
    RUOFF MORTGAGE COMPANY, INC. $24,195,000 $7,790,000 -67.8% 8.3%
    First Merchants Bank $1,120,000 $5,125,000 357.6% 5.5%
    PLAZA HOME MORTGAGE, INC. $4,810,000 $4,280,000 -11.0% 4.6%
    First Farmers Bank and Trust Company $7,955,000 $4,170,000 -47.6% 4.5%
    MOVEMENT MORTGAGE, LLC $4,115,000 n/a 4.4%
    QUICKEN LOANS, LLC $6,790,000 $4,030,000 -40.6% 4.3%
    Horizon Bank $3,810,000 $3,175,000 -16.7% 3.4%
    First Federal Savings Bank $2,515,000 $3,030,000 20.5% 3.2%
    PNC Bank $1,510,000 $2,735,000 81.1% 2.9%
    BEACON CREDIT UNION $3,645,000 $2,695,000 -26.1% 2.9%
    Hometown Lenders, Inc. $290,000 $2,590,000 793.1% 2.8%
    Community First Bank of Indiana $310,000 $1,950,000 529.0% 2.1%
    The Huntington National Bank $510,000 $1,700,000 233.3% 1.8%
    Mortgage Research Center, LLC $1,665,000 $1,500,000 -9.9% 1.6%
    Solidarity Community Federal Credit Union $1,790,000 $1,460,000 -18.4% 1.6%
    Mr. Cooper ( Nationstar Mortgage ) $840,000 $1,440,000 71.4% 1.5%
    GVC MORTGAGE, INC. $1,465,000 $1,230,000 -16.0% 1.3%
    PENNYMAC LOAN SERVICES, LLC $1,125,000 $1,165,000 3.6% 1.2%
    STOCKTON MORTGAGE CORPORATION $615,000 $1,100,000 78.9% 1.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $200,000 $940,000 370.0% 1.0%
    AMERISAVE MORTGAGE CORPORATION $310,000 $880,000 183.9% 0.9%
    LOANDEPOT.COM, LLC $545,000 $880,000 61.5% 0.9%
    CALIBER HOME LOANS, INC. $995,000 $875,000 -12.1% 0.9%
    UNITED WHOLESALE MORTGAGE, LLC $420,000 $865,000 106.0% 0.9%
    BROKER SOLUTIONS, INC. $340,000 $785,000 130.9% 0.8%
    Farm Credit Mid-America, ACA $730,000 $705,000 -3.4% 0.8%
    Fifth Third Bank $435,000 $615,000 41.4% 0.7%
    NAVY FEDERAL CREDIT UNION $215,000 $600,000 179.1% 0.6%
    Regions Bank $835,000 $545,000 -34.7% 0.6%
    PANORAMA MORTGAGE GROUP, LLC $455,000 $540,000 18.7% 0.6%
    ROYAL UNITED MORTGAGE LLC $310,000 $500,000 61.3% 0.5%
    Crossroads Bank $540,000 $490,000 -9.3% 0.5%
    1st Source Bank $455,000 $435,000 -4.4% 0.5%
    JPMorgan Chase Bank $600,000 $420,000 -30.0% 0.4%
    TRIAD FINANCIAL SERVICES, INC. $400,000 n/a 0.4%
    USAA Federal Savings Bank $505,000 $390,000 -22.8% 0.4%
    The Farmers Bank, Frankfort, Indiana $385,000 n/a 0.4%
    LAKEVIEW LOAN SERVICING, LLC $155,000 $365,000 135.5% 0.4%
    HALLMARK HOME MORTGAGE, LLC $145,000 $330,000 127.6% 0.4%
    Lake City Bank $145,000 $330,000 127.6% 0.4%
    FINANCIAL BUILDERS Federal Credit Union $395,000 $320,000 -19.0% 0.3%
    HOMESIDE FINANCIAL, LLC $300,000 n/a 0.3%
    FIRST CENTENNIAL MORTGAGE CORPORATION $295,000 n/a 0.3%
    DIRECT MORTGAGE LOANS, LLC $290,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $225,000 $285,000 26.7% 0.3%
    TECH Credit Union $275,000 n/a 0.3%
    AMERIFIRST FINANCIAL CORPORATION $735,000 $265,000 -63.9% 0.3%
    Flagstar Bank, FSB $430,000 $265,000 -38.4% 0.3%
    LEADERONE FINANCIAL CORPORATION $1,305,000 $255,000 -80.5% 0.3%
    INLANTA MORTGAGE, INC. $245,000 n/a 0.3%
    TUCKER MORTGAGE, LLC $245,000 n/a 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $155,000 $240,000 54.8% 0.3%
    Old National Bank $475,000 $225,000 -52.6% 0.2%
    North American Savings Bank, F.S.B. $195,000 n/a 0.2%
    POLARIS HOME FUNDING CORP. $245,000 $195,000 -20.4% 0.2%
    NEWREZ LLC $210,000 $190,000 -9.5% 0.2%
    FINANCE OF AMERICA MORTGAGE LLC $185,000 n/a 0.2%
    U.S. Bank $185,000 n/a 0.2%
    Carrington Mortgage Services, LLC $345,000 $180,000 -47.8% 0.2%
    First Financial Bank $75,000 $180,000 140.0% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $320,000 $180,000 -43.8% 0.2%
    First Federal Bank $175,000 n/a 0.2%
    Centier Bank $200,000 $170,000 -15.0% 0.2%
    Chicago Financial Services, Inc. $165,000 n/a 0.2%
    Stock Yards Bank & Trust Company $165,000 n/a 0.2%
    AMERICAN MORTGAGE SERVICE COMPANY $1,160,000 $155,000 -86.6% 0.2%
    Loan Simple, Inc. $155,000 n/a 0.2%
    Northpointe Bank $145,000 n/a 0.2%
    Prosperity Home Mortgage, LLC $145,000 n/a 0.2%
    UNION SQUARE $145,000 n/a 0.2%
    FORUM Credit Union $145,000 $130,000 -10.3% 0.1%
    FLAT BRANCH MORTGAGE, INC. $125,000 n/a 0.1%
    STAR Financial Bank $555,000 $115,000 -79.3% 0.1%
    Three Rivers Federal Credit Union $115,000 n/a 0.1%
    PURDUE FEDERAL CREDIT UNION $305,000 $110,000 -63.9% 0.1%
    EMBRACE HOME LOANS, INC. $105,000 n/a 0.1%
    FAY SERVICING, LLC $105,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $105,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $180,000 $95,000 -47.2% 0.1%
    NATIONS RELIABLE LENDING, LLC $95,000 n/a 0.1%
    OPEN MORTGAGE, LLC $95,000 n/a 0.1%
    PHH Mortgage Corporation $95,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $95,000 n/a 0.1%
    FINANCIAL CENTER FIRST CREDIT UNION $95,000 $90,000 -5.3% 0.1%
    PARTNERS 1ST Federal Credit Union $90,000 n/a 0.1%
    The Fountain Trust Company $1,030,000 $90,000 -91.3% 0.1%
    Discover Bank $175,000 $85,000 -51.4% 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $75,000 $85,000 13.3% 0.1%
    21ST MORTGAGE CORPORATION $65,000 $80,000 23.1% 0.1%
    Wells Fargo Bank $490,000 $75,000 -84.7% 0.1%
    AMERICAN ADVISORS GROUP $65,000 n/a 0.1%
    Bank of America $465,000 $65,000 -86.0% 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $65,000 n/a 0.1%
    BMO Harris Bank $55,000 n/a 0.1%
    First Bank of Berne $55,000 n/a 0.1%
    SPRING EQ, LLC $55,000 n/a 0.1%
    TEACHERS CREDIT UNION $445,000 $55,000 -87.6% 0.1%
    Industrial Federal Credit Union $25,000 $50,000 100.0% 0.1%
    MID AMERICA MORTGAGE, INC. $185,000 $45,000 -75.7% 0.0%
    Alliance Bank $100,000 $35,000 -65.0% 0.0%
    Citizens Bank $35,000 n/a 0.0%
    Figure Lending LLC $15,000 n/a 0.0%

    Logansport's top lender by overall market share is Security Federal Savings Bank, with 18.1% market share. In second place, with 8.3%, is RUOFF MORTGAGE COMPANY, INC., having originated $7,790,000 in loans. In third place, with 5.5%, is First Merchants Bank, having originated $5,125,000 in loans. In fourth place, with 4.6%, is PLAZA HOME MORTGAGE, INC., having originated $4,280,000 in loans. In fifth place, with 4.5%, is First Farmers Bank and Trust Company, having originated $4,170,000 in loans.

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

    Realtor.com - Logansport (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 $75,000 (21.0%) $94,082 (21.3%) 0.00 114
    2018-02-01 $75,475 (18.3%) $94,000 (18.0%) 0.00 115
    2018-03-01 $75,000 (11.1%) $94,911 (13.5%) 0.00 93
    2018-04-01 $83,000 (20.3%) $98,780 (12.7%) 0.00 105
    2018-05-01 $83,950 (16.0%) $102,621 (13.4%) 0.00 110
    2018-06-01 $87,700 (16.2%) $108,295 (14.1%) 0.00 116
    2018-07-01 $86,500 (10.3%) $114,658 (14.9%) 0.00 120
    2018-08-01 $84,950 (5.0%) $116,056 (9.8%) 0.00 120
    2018-09-01 $84,950 (0.1%) $113,914 (1.6%) 0.00 123
    2018-10-01 $80,900 (-0.1%) $116,009 (7.1%) 0.00 108
    2018-11-01 $79,000 (5.3%) $107,467 (5.9%) 0.00 110
    2018-12-01 $79,900 (3.9%) $123,900 (27.3%) 0.00 103
    2019-01-01 $83,725 (11.6%) $121,536 (29.2%) 0.00 99
    2019-02-01 $86,175 (14.2%) $127,099 (35.2%) 0.00 92
    2019-03-01 $95,857 (27.8%) $138,893 (46.3%) 0.00 86
    2019-04-01 $109,950 (32.5%) $150,201 (52.1%) 0.00 81
    2019-05-01 $106,475 (26.8%) $146,455 (42.7%) 0.00 80
    2019-06-01 $109,450 (24.8%) $143,308 (32.3%) 0.00 67
    2019-07-01 $109,000 (26.0%) $137,543 (20.0%) 0.00 81
    2019-08-01 $108,455 (27.7%) $135,649 (16.9%) 0.00 83
    2019-09-01 $107,636 (26.7%) $129,846 (14.0%) 0.00 93
    2019-10-01 $107,091 (32.4%) $126,491 (9.0%) 0.00 101
    2019-11-01 $97,000 (22.8%) $121,650 (13.2%) 0.00 101
    2019-12-01 $94,975 (18.9%) $119,435 (-3.6%) 0.00 95
    2020-01-01 $90,450 (8.0%) $113,639 (-6.5%) 0.00 91
    2020-02-01 $84,400 (-2.1%) $108,062 (-15.0%) 0.00 80
    2020-03-01 $85,950 (-10.3%) $112,287 (-19.2%) 0.00 78
    2020-04-01 $87,000 (-20.9%) $115,466 (-23.1%) 0.00 71
    2020-05-01 $88,900 (-16.5%) $112,532 (-23.2%) 0.00 48
    2020-06-01 $82,325 (-24.8%) $117,010 (-18.4%) 0.00 49
    2020-07-01 $107,950 (-1.0%) $132,291 (-3.8%) 0.00 49
    2020-08-01 $125,000 (15.3%) $139,054 (2.5%) 0.00 47
    2020-09-01 $123,700 (14.9%) $142,985 (10.1%) 0.00 45
    2020-10-01 $125,000 (16.7%) $145,869 (15.3%) 0.00 43
    2020-11-01 $152,650 (57.4%) $161,343 (32.6%) 0.00 45
    2020-12-01 $140,000 (47.4%) $159,522 (33.6%) 0.00 42
    2021-01-01 $112,000 (23.8%) $141,269 (24.3%) 0.00 38
    2021-02-01 $96,400 (14.2%) $129,516 (19.9%) 0.00 31
    2021-03-01 $81,150 (-5.6%) $117,003 (4.2%) 0.00 32
    2021-04-01 $92,450 (6.3%) $140,746 (21.9%) 0.00 31
    2021-05-01 $119,000 (33.9%) $167,017 (48.4%) 0.00 31
    2021-06-01 $107,475 (30.6%) $155,857 (33.2%) 0.00 34
    2021-07-01 $89,900 (-16.7%) $122,764 (-7.2%) 0.00 54
    2021-08-01 $81,250 (-35.0%) $104,188 (-25.1%) 0.00 57
    2021-09-01 $79,900 (-35.4%) $109,139 (-23.7%) 0.00 55
    2021-10-01 $82,500 (-34.0%) $108,873 (-25.4%) 0.00 54
    2021-11-01 $113,675 (-25.5%) $124,854 (-22.6%) 0.00 43
    2021-12-01 $112,425 (-19.7%) $127,581 (-20.0%) 0.00 35
    2022-01-01 $119,900 (7.1%) $138,166 (-2.2%) 0.00 32
    2022-02-01 $129,000 (33.8%) $161,234 (24.5%) 0.00 31
    2022-03-01 $138,175 (70.3%) $177,221 (51.5%) 0.00 23
    2022-04-01 $145,000 (56.8%) $198,774 (41.2%) 0.00 18
    2022-05-01 $140,375 (18.0%) $199,213 (19.3%) 0.00 27
    2022-06-01 $144,375 (34.3%) $193,485 (24.1%) 0.00 31
    2022-07-01 $142,900 (59.0%) $182,974 (49.1%) 0.00 50
    2022-08-01 $148,000 (82.2%) $186,210 (78.7%) 0.00 60
    2022-09-01 $154,900 (93.9%) $178,912 (63.9%) 0.00 50
    2022-10-01 $148,000 (79.4%) $166,437 (52.9%) 0.00 49
    2022-11-01 $129,950 (14.3%) $149,787 (20.0%) 0.00 51
    2022-12-01 $134,900 (20.0%) $152,269 (19.4%) 0.00 44
    2023-01-01 $139,950 (16.7%) $164,176 (18.8%) 0.00 34
    2023-02-01 $154,450 (19.7%) $177,665 (10.2%) 0.00 29
    Logansport's median listing price for 2023-02-01 was $154,450, a difference of $25,450 (19.7%) versus the prior year and $14,500 versus the prior month.

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

    Logansport's average listing price for 2023-02-01 was $177,665, a difference of $16,431 (10.2%) versus the prior year and $13,489 versus the prior month.

    For the 2023-02-01 period, Logansport had 29 MLS listings, a difference of -5 listings (-15%) versus the prior month and -2 listings (-6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Logansport (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,536 sqft
    2018-02-01 0 days 1,530 sqft
    2018-03-01 0 days 1,560 sqft
    2018-04-01 0 days 1,556 sqft
    2018-05-01 0 days 1,606 sqft
    2018-06-01 0 days 1,632 sqft
    2018-07-01 0 days 1,608 sqft
    2018-08-01 0 days 1,642 sqft
    2018-09-01 0 days 1,744 sqft
    2018-10-01 0 days 1,735 sqft
    2018-11-01 0 days 1,624 sqft
    2018-12-01 0 days 1,697 sqft
    2019-01-01 0 days 1,697 sqft
    2019-02-01 0 days 1,672 sqft
    2019-03-01 0 days 1,722 sqft
    2019-04-01 0 days 1,780 sqft
    2019-05-01 0 days 1,761 sqft
    2019-06-01 0 days 1,668 sqft
    2019-07-01 0 days 1,665 sqft
    2019-08-01 0 days 1,647 sqft
    2019-09-01 0 days 1,620 sqft
    2019-10-01 0 days 1,619 sqft
    2019-11-01 0 days 1,645 sqft
    2019-12-01 0 days 1,606 sqft
    2020-01-01 0 days 1,626 sqft
    2020-02-01 0 days 1,560 sqft
    2020-03-01 0 days 1,654 sqft
    2020-04-01 0 days 1,659 sqft
    2020-05-01 0 days 1,669 sqft
    2020-06-01 0 days 1,728 sqft
    2020-07-01 0 days 1,757 sqft
    2020-08-01 0 days 1,768 sqft
    2020-09-01 0 days 2,021 sqft
    2020-10-01 0 days 1,952 sqft
    2020-11-01 0 days 1,848 sqft
    2020-12-01 0 days 1,741 sqft
    2021-01-01 0 days 1,688 sqft
    2021-02-01 0 days 1,686 sqft
    2021-03-01 0 days 1,532 sqft
    2021-04-01 0 days 1,617 sqft
    2021-05-01 0 days 1,528 sqft
    2021-06-01 0 days 1,586 sqft
    2021-07-01 0 days 1,620 sqft
    2021-08-01 0 days 1,383 sqft
    2021-09-01 0 days 1,391 sqft
    2021-10-01 0 days 1,382 sqft
    2021-11-01 0 days 1,490 sqft
    2021-12-01 0 days 1,572 sqft
    2022-01-01 0 days 1,568 sqft
    2022-02-01 0 days 1,564 sqft
    2022-03-01 0 days 1,493 sqft
    2022-04-01 0 days 1,613 sqft
    2022-05-01 0 days 1,635 sqft
    2022-06-01 0 days 1,566 sqft
    2022-07-01 0 days 1,634 sqft
    2022-08-01 0 days 1,566 sqft
    2022-09-01 0 days 1,608 sqft
    2022-10-01 0 days 1,540 sqft
    2022-11-01 0 days 1,577 sqft
    2022-12-01 0 days 1,619 sqft
    2023-01-01 0 days 1,640 sqft
    2023-02-01 0 days 1,581 sqft
    Logansport's median listing age (time on market) for 2023-02-01 was 0 days.

    Logansport's median square footage for active listings during the 2023-02-01 period was 1,581 sqft. One year prior, the average listing was 1,564 sqft.

    Logansport, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 396 $58,340,000 $147,323
    Cash Out Refi 168 $19,340,000 $115,119
    Refi 72 $6,900,000 $95,833
    Home Improvement 54 $7,240,000 $134,074
    Other 39 $1,855,000 $47,564

    Logansport's most frequently cited loan purpose was Home Purchase, with 396 originations. The 2nd most popular reason was Cash Out Refi, with 168 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 231 $28,315,000 $122,576
    4-5% 140 $18,090,000 $129,214
    3-4% 125 $16,745,000 $133,960
    6-7% 115 $19,955,000 $173,522
    7-8% 53 $5,095,000 $96,132
    Over 8% 24 $1,200,000 $50,000
    2.5-3% 19 $2,905,000 $152,895
    <2.5% 19 $935,000 $49,211

    During 2022, Logansport's most frequently originated rate bucket was 5-6%, with 231 originations.

    Loan Sizing (Logansport, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 363 $22,205,000 $61,171
    $100k-200k 277 $38,645,000 $139,513
    $200k-400k 79 $20,345,000 $257,532
    $Over $1MM 5 $10,015,000 $2,003,000
    $400k-600k 4 $1,720,000 $430,000
    $600k-1000k 1 $745,000 $745,000

    Logansport's loan sizing saw the bucket of loans from $100,000 or less with 363 originations, totaling $22,205,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 335 $50,395,000 $150,433
    60-80% 183 $29,245,000 $159,809
    40-60% 79 $7,235,000 $91,582
    20-40% 68 $3,470,000 $51,029
    Under 20% 49 $1,665,000 $33,980
    Over 100% 3 $655,000 $218,333

    Logansport's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 335 originations, totaling $50,395,000 in origination value.