London Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in London averaged 6.65% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.64% and one month ago for the week of 2024-11-07, the average rate was 7.04%.

    London's average rate one year ago was 7.08%.

    For refis of the same type during the week of 2024-12-12, the average rate was 7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    London 30 Year Fixed Rate 2024-12-12 6.65%
    London 30 Year Fixed Rate Refi 2024-12-12 7%
    London 15 Year Fixed Rate 2024-12-12 5.84%
    London 15 Year Fixed Rate Refi 2024-12-12 5.94%
    London 30 Year FHA 2024-12-12 6.45%
    London 30 Year FHA Refi 2024-12-12 6.08%
    London 30 Year USDA 2024-12-12 6.14%
    London 30 Year USDA Refi 2024-12-12 6.1%
    London 30 Year VA 2024-12-12 6.16%
    London 30 Year VA Refi 2024-12-12 6.08%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within London, KY.

    London 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 London, KY 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
    L & N Federal Credit Union 87 7.05% $2,183
    Community Trust Bank, Inc. 49 6.32% $2,821
    QUICKEN LOANS, LLC 28 6.88% $5,517
    UNITED WHOLESALE MORTGAGE, LLC 25 6.79% $4,799
    Commercial Bank 18 6.87% $1,036
    VANDERBILT MORTGAGE AND FINANCE, INC. 14 8.14% $6,289
    POLARIS HOME FUNDING CORP. 12 6.53% $4,964
    Forcht Bank 12 6.42% $2,006
    FirstBank 10 8.28% $4,258
    PNC Bank 9 6.83% $3,856
    PENNYMAC LOAN SERVICES, LLC 9 6.67% $5,799
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 8 7.22% $5,513
    The Loan Store, Inc. 6 7.00% $5,299
    JPMorgan Chase Bank 5 6.88% $3,241
    NAVY FEDERAL CREDIT UNION 4 6.44% $2,743
    BROKER SOLUTIONS, INC. 4 7.56% $7,603
    The Huntington National Bank 4 6.94% $3,638
    FREEDOM MORTGAGE CORPORATION 4 7.31% $5,648
    U.S. Bank 4 7.44% $3,546
    Farm Credit Mid-America, ACA 3 7.33% $4,462
    Fifth Third Bank 3 7.38% $5,085
    AMERISAVE MORTGAGE CORPORATION 3 6.71% $4,941
    CROSSCOUNTRY MORTGAGE, LLC 3 6.96% $6,355
    STOCKTON MORTGAGE CORPORATION 3 7.08% $4,048
    GSF Mortgage Corporation 2 6.50% $4,731
    TOP FLITE FINANCIAL, INC. 2 6.63% $4,946
    HOMESIDE FINANCIAL, LLC 2 6.38% $6,533
    GENEVA FINANCIAL, LLC 2 6.56% $5,772
    ROYAL UNITED MORTGAGE LLC 2 7.50% $6,667
    Plains Commerce Bank 2 7.38% $10,504
    ORNL Federal Credit Union 2 6.31% $3,505
    USAA Federal Savings Bank 2 7.19% $3,799
    Northpointe Bank 2 8.00% $10,097
    NEWREZ LLC 2 6.75% $10,191
    Wells Fargo Bank 2 5.69% $2,651
    CARDINAL FINANCIAL 2 6.50% $8,138
    Whitaker Bank 2 5.75% $2,228
    MORTGAGE INVESTORS GROUP, INC. 2 7.19% $5,224
    Mortgage Research Center, LLC 2 6.81% $2,156
    Bank of England 2 7.06% $4,652
    ZILLOW HOME LOANS, LLC 1 7.50% $4,774
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $5,901
    AmeriHome Mortgage Company, LLC 1 6.50% $6,097
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.50% $6,416
    Barrington Bank & Trust Company, N.A. 1 6.88% $3,979
    BETTER MORTGAGE CORPORATION 1 5.13% $7,635
    Carrington Mortgage Services, LLC 1 7.25% $5,882
    CHURCHILL MORTGAGE CORPORATION 1 7.63% $4,279
    CMG MORTGAGE, INC. 1 6.50% $3,767
    DUPACO COMMUNITY 1 5.38% $2,960
    ENVOY MORTGAGE, LTD 1 7.63% $5,200
    EVERETT FINANCIAL, INC. 1 6.25% $7,128
    First State Bank 1 6.63% $2,449
    Flagstar Bank, FSB 1 7.13% $4,870
    FLAT BRANCH MORTGAGE, INC. 1 7.50% $4,740
    Gateway First Bank 1 6.13% $3,891
    GoPrime Mortgage, Inc. 1 7.00% $5,306
    KELLER MORTGAGE, LLC 1 5.88% $2,877
    LOANDEPOT.COM, LLC 1 6.99% $3,667
    MOVEMENT MORTGAGE, LLC 1 6.63% $5,222
    Mr. Cooper ( Nationstar Mortgage ) 1 7.99% $3,822
    PREMIA MORTGAGE, LLC 1 7.10% $2,800
    RBC Bank, (Georgia) 1 6.50% $972
    RELIANCE FIRST CAPITAL, LLC 1 6.99% $3,458
    Renasant Bank 1 7.13% $2,847
    Republic State Mortgage Co. 1 7.50% $4,228
    RUOFF MORTGAGE COMPANY, INC. 1 7.25% $8,390
    S1L, Inc. 1 7.38% $6,608
    SeaTrust Mortgage Company 1 6.62% $2,218
    Sierra Pacific Mortgage Company, Inc. 1 6.63% $4,686
    Simmons Bank 1 6.50% $3,334
    THRIVE MORTGAGE, LLC 1 6.88% $3,343
    TOWNE MORTGAGE COMPANY 1 6.88% $5,834
    Truist 1 6.10% $4,993
    UNION HOME MORTGAGE CORP. 1 7.63% $5,795
    Union Savings Bank 1 7.25% $1,193
    WesBanco 1 7.50% $3,553
    21ST MORTGAGE CORPORATION 1 7.95% $5,981

    London Average Closing Costs & Other Stats

    London, KY's 78 lenders originated 1,736 loans during 2023. The total origination value was $253,180,000, with an average loan value of $145,841.

    London's average closing costs are $4,242.

    The top London lender as defined by loan originations is L & N Federal Credit Union, with 87 loans originated. Their average total fees are $2,183, which is $637 lower than the next largest lender, Community Trust Bank, Inc..

    The lowest fee London lenders (with over 10 loans originated) are Commercial Bank ($1,036), Forcht Bank ($2,006), L & N Federal Credit Union ($2,183), Community Trust Bank, Inc. ($2,821) and FirstBank ($4,258).

    The lowest rate London lenders (with over 10 loans originated) are Community Trust Bank, Inc. (6.32%), Forcht Bank (6.42%), POLARIS HOME FUNDING CORP. (6.53%), UNITED WHOLESALE MORTGAGE, LLC (6.79%) and Commercial Bank (6.87%).

    London, KY 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
    Community Trust Bank, Inc. $30,765,000 $31,795,000 3.3% 12.6%
    L & N Federal Credit Union $29,245,000 $24,820,000 -15.1% 9.8%
    UNITED WHOLESALE MORTGAGE, LLC $15,200,000 $15,775,000 3.8% 6.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $11,600,000 $15,170,000 30.8% 6.0%
    QUICKEN LOANS, LLC $26,025,000 $13,695,000 -47.4% 5.4%
    Mortgage Research Center, LLC $8,340,000 $11,615,000 39.3% 4.6%
    POLARIS HOME FUNDING CORP. $16,100,000 $10,850,000 -32.6% 4.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $9,200,000 $9,695,000 5.4% 3.8%
    Cumberland Valley National Bank & Trust Company $8,090,000 $8,525,000 5.4% 3.4%
    PNC Bank $13,910,000 $7,100,000 -49.0% 2.8%
    Commercial Bank $10,580,000 $6,670,000 -37.0% 2.6%
    First State Bank of the Southeast, Inc. $7,315,000 $6,010,000 -17.8% 2.4%
    Forcht Bank $13,890,000 $3,720,000 -73.2% 1.5%
    21ST MORTGAGE CORPORATION $4,535,000 $3,515,000 -22.5% 1.4%
    Paramount Residential Mortgage Group, Inc. $545,000 $3,465,000 535.8% 1.4%
    PENNYMAC LOAN SERVICES, LLC $3,130,000 $3,360,000 7.3% 1.3%
    The Monticello Banking Company $1,780,000 $3,045,000 71.1% 1.2%
    Carrington Mortgage Services, LLC $1,900,000 $2,860,000 50.5% 1.1%
    NEWREZ LLC $2,105,000 $2,790,000 32.5% 1.1%
    STOCKTON MORTGAGE CORPORATION $10,450,000 $2,365,000 -77.4% 0.9%
    NAVY FEDERAL CREDIT UNION $1,435,000 $2,300,000 60.3% 0.9%
    Plains Commerce Bank $1,140,000 $2,175,000 90.8% 0.9%
    Whitaker Bank $1,360,000 $2,040,000 50.0% 0.8%
    Truist $2,680,000 $1,995,000 -25.6% 0.8%
    TOP FLITE FINANCIAL, INC. $3,515,000 $1,890,000 -46.2% 0.7%
    Equity Prime Mortgage LLC $1,940,000 $1,875,000 -3.4% 0.7%
    FirstBank $2,605,000 $1,765,000 -32.2% 0.7%
    USAA Federal Savings Bank $2,425,000 $1,660,000 -31.5% 0.7%
    CARDINAL FINANCIAL $560,000 $1,600,000 185.7% 0.6%
    HOMESIDE FINANCIAL, LLC $1,885,000 $1,600,000 -15.1% 0.6%
    FREEDOM MORTGAGE CORPORATION $2,075,000 $1,545,000 -25.5% 0.6%
    CROSSCOUNTRY MORTGAGE, LLC $200,000 $1,530,000 665.0% 0.6%
    UBANK $1,395,000 n/a 0.6%
    CREDIT HUMAN FEDERAL CREDIT UNION $640,000 $1,360,000 112.5% 0.5%
    U.S. Bank $3,445,000 $1,350,000 -60.8% 0.5%
    The Loan Store, Inc. $1,295,000 n/a 0.5%
    SOUTH CENTRAL BANK, INC. $45,000 $1,290,000 2,766.7% 0.5%
    Northpointe Bank $55,000 $1,225,000 2,127.3% 0.5%
    The Huntington National Bank $580,000 $1,200,000 106.9% 0.5%
    BROKER SOLUTIONS, INC. $1,145,000 $1,100,000 -3.9% 0.4%
    Citizens Bank of Kentucky, Inc. $1,075,000 n/a 0.4%
    Flagstar Bank, FSB $680,000 $1,065,000 56.6% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $2,035,000 $1,045,000 -48.6% 0.4%
    GENEVA FINANCIAL, LLC $1,275,000 $1,035,000 -18.8% 0.4%
    JPMorgan Chase Bank $1,135,000 $970,000 -14.5% 0.4%
    Republic State Mortgage Co. $3,620,000 $960,000 -73.5% 0.4%
    AMERISAVE MORTGAGE CORPORATION $4,435,000 $910,000 -79.5% 0.4%
    LOANDEPOT.COM, LLC $2,670,000 $815,000 -69.5% 0.3%
    Bank of England $1,040,000 $805,000 -22.6% 0.3%
    MOVEMENT MORTGAGE, LLC $815,000 $800,000 -1.8% 0.3%
    ROYAL UNITED MORTGAGE LLC $200,000 $760,000 280.0% 0.3%
    CSL Financial, LLC $395,000 $745,000 88.6% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $815,000 $710,000 -12.9% 0.3%
    GSF Mortgage Corporation $700,000 n/a 0.3%
    Fifth Third Bank $815,000 $675,000 -17.2% 0.3%
    EVERETT FINANCIAL, INC. $300,000 $660,000 120.0% 0.3%
    COMMONWEALTH $1,185,000 $605,000 -48.9% 0.2%
    Wells Fargo Bank $1,435,000 $600,000 -58.2% 0.2%
    SeaTrust Mortgage Company $575,000 n/a 0.2%
    RELIANCE FIRST CAPITAL, LLC $135,000 $525,000 288.9% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $75,000 $515,000 586.7% 0.2%
    Farm Credit Mid-America, ACA $1,120,000 $510,000 -54.5% 0.2%
    CMG MORTGAGE, INC. $480,000 n/a 0.2%
    RUOFF MORTGAGE COMPANY, INC. $180,000 $475,000 163.9% 0.2%
    Renasant Bank $195,000 $465,000 138.5% 0.2%
    BETTER MORTGAGE CORPORATION $920,000 $440,000 -52.2% 0.2%
    GoPrime Mortgage, Inc. $370,000 $435,000 17.6% 0.2%
    Nations Lending Corporation $1,680,000 $420,000 -75.0% 0.2%
    UNION HOME MORTGAGE CORP. $420,000 n/a 0.2%
    Peoples Bank $415,000 n/a 0.2%
    Coastal Community Bank $395,000 n/a 0.2%
    ORNL Federal Credit Union $370,000 n/a 0.1%
    First Southern National Bank $395,000 $360,000 -8.9% 0.1%
    Discover Bank $225,000 $355,000 57.8% 0.1%
    NEW DAY FINANCIAL, LLC $520,000 $350,000 -32.7% 0.1%
    MORTGAGE INVESTORS GROUP, INC. $180,000 $340,000 88.9% 0.1%
    United Cumberland Bank $340,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $230,000 $340,000 47.8% 0.1%
    AmeriHome Mortgage Company, LLC $95,000 $320,000 236.8% 0.1%
    Citizens Bank $1,195,000 $315,000 -73.6% 0.1%
    Waterstone Mortgage Corporation $315,000 n/a 0.1%
    S1L, Inc. $310,000 n/a 0.1%
    ROSS MORTGAGE CORPORATION $215,000 $305,000 41.9% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $220,000 $305,000 38.6% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $1,300,000 $300,000 -76.9% 0.1%
    First Volunteer Bank $200,000 $300,000 50.0% 0.1%
    PREMIA MORTGAGE, LLC $285,000 n/a 0.1%
    Home Federal Bank Corporation $250,000 $280,000 12.0% 0.1%
    PLAZA HOME MORTGAGE, INC. $495,000 $280,000 -43.4% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $1,920,000 $275,000 -85.7% 0.1%
    NATIONWIDE MORTGAGE BANKERS, INC. $275,000 n/a 0.1%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $105,000 $255,000 142.9% 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $185,000 $245,000 32.4% 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $320,000 $225,000 -29.7% 0.1%
    DUPACO COMMUNITY $215,000 n/a 0.1%
    EMM LOANS LLC $205,000 n/a 0.1%
    KELLER MORTGAGE, LLC $205,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $525,000 $200,000 -61.9% 0.1%
    CHURCHILL MORTGAGE CORPORATION $195,000 n/a 0.1%
    FIRST ALLIANCE HOME MORTGAGE, LLC $195,000 n/a 0.1%
    Simmons Bank $195,000 n/a 0.1%
    GUARANTEED RATE, INC. $825,000 $185,000 -77.6% 0.1%
    Magnolia Bank $185,000 $185,000 0.0% 0.1%
    RAPID MORTGAGE COMPANY $185,000 n/a 0.1%
    The Federal Savings Bank $185,000 n/a 0.1%
    Union Savings Bank $460,000 $185,000 -59.8% 0.1%
    UNIVERSITY OF KENTUCKY $100,000 $180,000 80.0% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $175,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $450,000 $175,000 -61.1% 0.1%
    EASTMAN $55,000 $170,000 209.1% 0.1%
    AXIA FINANCIAL, LLC $165,000 n/a 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $205,000 $165,000 -19.5% 0.1%
    First State Bank $165,000 n/a 0.1%
    THRIVE MORTGAGE, LLC $165,000 n/a 0.1%
    Sierra Pacific Mortgage Company, Inc. $875,000 $160,000 -81.7% 0.1%
    PHH Mortgage Corporation $155,000 n/a 0.1%
    Commerce Home Mortgage, Inc. $145,000 n/a 0.1%
    LENDSURE MORTGAGE CORP. $145,000 n/a 0.1%
    TOWNE MORTGAGE COMPANY $145,000 n/a 0.1%
    MEMBERS HERITAGE Credit Union $35,000 $140,000 300.0% 0.1%
    Guardian Savings Bank, A Federal Savings Bank $985,000 $135,000 -86.3% 0.1%
    ENVOY MORTGAGE, LTD $290,000 $125,000 -56.9% 0.0%
    SUN WEST MORTGAGE COMPANY, INC. $225,000 $120,000 -46.7% 0.0%
    FLAT BRANCH MORTGAGE, INC. $115,000 n/a 0.0%
    PENTAGON FEDERAL CREDIT UNION $300,000 $115,000 -61.7% 0.0%
    NETWORK CAPITAL FUNDING CORPORATION $65,000 $95,000 46.2% 0.0%
    Barrington Bank & Trust Company, N.A. $130,000 $85,000 -34.6% 0.0%
    EVANSVILLE TEACHERS $255,000 $85,000 -66.7% 0.0%
    WesBanco $170,000 $80,000 -52.9% 0.0%
    RBC Bank, (Georgia) $75,000 n/a 0.0%
    ZILLOW HOME LOANS, LLC $265,000 $75,000 -71.7% 0.0%
    Abound Federal Credit Union $345,000 $65,000 -81.2% 0.0%
    ALLIANT CREDIT UNION $55,000 n/a 0.0%
    Bank of America $280,000 $55,000 -80.4% 0.0%
    Gateway First Bank $55,000 n/a 0.0%
    Central Bank $25,000 n/a 0.0%
    MidAmerica National Bank $25,000 n/a 0.0%

    London's top lender by overall market share is Community Trust Bank, Inc., with 12.6% market share. In second place, with 9.8%, is L & N Federal Credit Union, having originated $24,820,000 in loans. In third place, with 6.2%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $15,775,000 in loans. In fourth place, with 6.0%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $15,170,000 in loans. In fifth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $13,695,000 in loans.

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

    Realtor.com - London (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 $148,950 (6.5%) $186,648 (-0.9%) 0.00 363
    2018-02-01 $146,475 (4.7%) $189,005 (0.1%) 0.00 358
    2018-03-01 $154,900 (8.6%) $195,891 (1.1%) 0.00 350
    2018-04-01 $159,000 (10.3%) $197,336 (-1.6%) 0.00 348
    2018-05-01 $159,250 (6.3%) $204,221 (1.4%) 0.00 359
    2018-06-01 $159,900 (6.6%) $206,199 (-1.3%) 0.00 377
    2018-07-01 $159,925 (4.5%) $206,451 (1.1%) 0.00 382
    2018-08-01 $162,450 (8.4%) $205,031 (4.2%) 0.00 373
    2018-09-01 $159,900 (6.7%) $200,526 (1.0%) 0.00 375
    2018-10-01 $159,900 (6.6%) $198,519 (1.7%) 0.00 382
    2018-11-01 $159,900 (6.6%) $194,745 (0.5%) 0.00 381
    2018-12-01 $159,900 (6.7%) $191,435 (-0.8%) 0.00 341
    2019-01-01 $161,975 (8.7%) $192,305 (3.0%) 0.00 314
    2019-02-01 $164,925 (12.6%) $195,312 (3.3%) 0.00 319
    2019-03-01 $168,214 (8.6%) $199,804 (2.0%) 0.00 312
    2019-04-01 $168,464 (6.0%) $201,271 (2.0%) 0.00 307
    2019-05-01 $169,950 (6.7%) $203,727 (-0.2%) 0.00 306
    2019-06-01 $169,900 (6.3%) $207,714 (0.7%) 0.00 327
    2019-07-01 $169,450 (6.0%) $203,017 (-1.7%) 0.00 344
    2019-08-01 $169,900 (4.6%) $202,133 (-1.4%) 0.00 336
    2019-09-01 $169,900 (6.3%) $199,216 (-0.7%) 0.00 339
    2019-10-01 $169,900 (6.3%) $198,019 (-0.3%) 0.00 339
    2019-11-01 $169,900 (6.3%) $201,897 (3.7%) 0.00 327
    2019-12-01 $169,900 (6.3%) $200,420 (4.7%) 0.00 312
    2020-01-01 $166,600 (2.9%) $200,222 (4.1%) 0.00 283
    2020-02-01 $169,000 (2.5%) $208,508 (6.8%) 0.00 261
    2020-03-01 $170,900 (1.6%) $211,566 (5.9%) 0.00 227
    2020-04-01 $172,400 (2.3%) $210,376 (4.5%) 0.00 217
    2020-05-01 $189,900 (11.7%) $225,155 (10.5%) 0.00 193
    2020-06-01 $199,450 (17.4%) $231,790 (11.6%) 0.00 182
    2020-07-01 $202,475 (19.5%) $237,344 (16.9%) 0.00 173
    2020-08-01 $200,000 (17.7%) $237,585 (17.5%) 0.00 175
    2020-09-01 $199,900 (17.7%) $238,228 (19.6%) 0.00 178
    2020-10-01 $189,900 (11.8%) $227,376 (14.8%) 0.00 171
    2020-11-01 $189,900 (11.8%) $225,011 (11.5%) 0.00 154
    2020-12-01 $186,825 (10.0%) $223,679 (11.6%) 0.00 143
    2021-01-01 $179,500 (7.7%) $219,988 (9.9%) 0.00 123
    2021-02-01 $181,825 (7.6%) $221,433 (6.2%) 0.00 102
    2021-03-01 $184,000 (7.7%) $221,169 (4.5%) 0.00 103
    2021-04-01 $187,325 (8.7%) $243,392 (15.7%) 0.00 92
    2021-05-01 $199,000 (4.8%) $245,392 (9.0%) 0.00 104
    2021-06-01 $209,900 (5.2%) $262,573 (13.3%) 0.00 130
    2021-07-01 $209,000 (3.2%) $264,802 (11.6%) 0.00 145
    2021-08-01 $214,950 (7.5%) $267,264 (12.5%) 0.00 161
    2021-09-01 $224,675 (12.4%) $273,409 (14.8%) 0.00 169
    2021-10-01 $229,450 (20.8%) $287,946 (26.6%) 0.00 164
    2021-11-01 $237,500 (25.1%) $298,392 (32.6%) 0.00 155
    2021-12-01 $227,000 (21.5%) $277,516 (24.1%) 0.00 137
    2022-01-01 $225,000 (25.4%) $269,191 (22.4%) 0.00 122
    2022-02-01 $217,000 (19.4%) $260,859 (17.8%) 0.00 115
    2022-03-01 $225,875 (22.8%) $257,331 (16.4%) 0.00 103
    2022-04-01 $234,900 (25.4%) $274,760 (12.9%) 0.00 127
    2022-05-01 $237,475 (19.3%) $289,352 (17.9%) 0.00 187
    2022-06-01 $249,450 (18.8%) $285,418 (8.7%) 0.00 205
    2022-07-01 $259,000 (23.9%) $284,865 (7.6%) 0.00 235
    2022-08-01 $249,950 (16.3%) $284,922 (6.6%) 0.00 250
    2022-09-01 $250,975 (11.7%) $288,277 (5.4%) 0.00 238
    2022-10-01 $249,450 (8.7%) $283,806 (-1.4%) 0.00 248
    2022-11-01 $249,900 (5.2%) $277,634 (-7.0%) 0.00 248
    2022-12-01 $239,900 (5.7%) $270,666 (-2.5%) 0.00 220
    2023-01-01 $245,000 (8.9%) $285,498 (6.1%) 0.00 203
    2023-02-01 $246,225 (13.5%) $295,729 (13.4%) 0.00 192
    2023-03-01 $242,450 (7.3%) $298,623 (16.1%) 0.00 195
    2023-04-01 $240,000 (2.2%) $302,997 (10.3%) 0.00 198
    2023-05-01 $238,225 (0.3%) $302,398 (4.5%) 0.00 204
    2023-06-01 $247,750 (-0.7%) $310,325 (8.7%) 0.00 205
    2023-07-01 $240,000 (-7.3%) $310,642 (9.1%) 0.00 213
    2023-08-01 $249,900 (0.0%) $318,542 (11.8%) 0.00 223
    2023-09-01 $239,900 (-4.4%) $302,072 (4.8%) 0.00 227
    2023-10-01 $243,650 (-2.3%) $299,898 (5.7%) 0.00 227
    2023-11-01 $249,925 (0.0%) $304,908 (9.8%) 0.00 229
    2023-12-01 $249,000 (3.8%) $307,459 (13.6%) 0.00 233
    2024-01-01 $239,900 (-2.1%) $288,359 (1.0%) 0.00 228
    2024-02-01 $246,750 (0.2%) $290,063 (-1.9%) 0.00 226
    2024-03-01 $244,900 (1.0%) $293,623 (-1.7%) 0.00 247
    2024-04-01 $239,950 (0.0%) $302,525 (-0.2%) 0.00 239
    2024-05-01 $244,925 (2.8%) $320,749 (6.1%) 0.00 224
    2024-06-01 $249,950 (0.9%) $312,156 (0.6%) 0.00 234
    2024-07-01 $253,725 (5.7%) $307,561 (-1.0%) 0.00 258
    2024-08-01 $250,000 (0.0%) $294,143 (-7.7%) 0.00 261
    2024-09-01 $250,000 (4.2%) $292,867 (-3.1%) 0.00 274
    2024-10-01 $251,000 (3.0%) $304,069 (1.4%) 0.00 277
    2024-11-01 $259,450 (3.8%) $302,136 (-0.9%) 0.00 293
    London's median listing price for 2024-11-01 was $259,450, a difference of $9,525 (3.8%) versus the prior year and $8,450 versus the prior month.

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

    London's average listing price for 2024-11-01 was $302,136, a difference of $-2,772 (-0.9%) versus the prior year and $-1,933 versus the prior month.

    For the 2024-11-01 period, London had 293 MLS listings, a difference of 16 listings (6%) versus the prior month and 64 listings (28%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - London (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,785 sqft
    2018-02-01 0 days 1,743 sqft
    2018-03-01 0 days 1,794 sqft
    2018-04-01 0 days 1,799 sqft
    2018-05-01 0 days 1,800 sqft
    2018-06-01 0 days 1,800 sqft
    2018-07-01 0 days 1,879 sqft
    2018-08-01 0 days 1,926 sqft
    2018-09-01 0 days 1,900 sqft
    2018-10-01 0 days 1,855 sqft
    2018-11-01 0 days 1,850 sqft
    2018-12-01 0 days 1,823 sqft
    2019-01-01 0 days 1,845 sqft
    2019-02-01 0 days 1,866 sqft
    2019-03-01 0 days 1,844 sqft
    2019-04-01 0 days 1,858 sqft
    2019-05-01 0 days 1,898 sqft
    2019-06-01 0 days 1,900 sqft
    2019-07-01 0 days 1,838 sqft
    2019-08-01 0 days 1,858 sqft
    2019-09-01 0 days 1,843 sqft
    2019-10-01 0 days 1,861 sqft
    2019-11-01 0 days 1,849 sqft
    2019-12-01 0 days 1,900 sqft
    2020-01-01 0 days 1,847 sqft
    2020-02-01 0 days 1,800 sqft
    2020-03-01 0 days 1,871 sqft
    2020-04-01 0 days 1,790 sqft
    2020-05-01 0 days 1,882 sqft
    2020-06-01 0 days 1,962 sqft
    2020-07-01 0 days 2,037 sqft
    2020-08-01 0 days 2,064 sqft
    2020-09-01 0 days 2,058 sqft
    2020-10-01 0 days 1,914 sqft
    2020-11-01 0 days 1,941 sqft
    2020-12-01 0 days 1,849 sqft
    2021-01-01 0 days 1,849 sqft
    2021-02-01 0 days 1,817 sqft
    2021-03-01 0 days 1,752 sqft
    2021-04-01 0 days 1,811 sqft
    2021-05-01 0 days 1,754 sqft
    2021-06-01 0 days 1,834 sqft
    2021-07-01 0 days 1,890 sqft
    2021-08-01 0 days 1,930 sqft
    2021-09-01 0 days 1,910 sqft
    2021-10-01 0 days 1,947 sqft
    2021-11-01 0 days 1,945 sqft
    2021-12-01 0 days 1,769 sqft
    2022-01-01 0 days 1,695 sqft
    2022-02-01 0 days 1,685 sqft
    2022-03-01 0 days 1,685 sqft
    2022-04-01 0 days 1,728 sqft
    2022-05-01 0 days 1,755 sqft
    2022-06-01 0 days 1,795 sqft
    2022-07-01 0 days 1,814 sqft
    2022-08-01 0 days 1,844 sqft
    2022-09-01 0 days 1,880 sqft
    2022-10-01 0 days 1,890 sqft
    2022-11-01 0 days 1,816 sqft
    2022-12-01 0 days 1,750 sqft
    2023-01-01 0 days 1,744 sqft
    2023-02-01 0 days 1,700 sqft
    2023-03-01 0 days 1,728 sqft
    2023-04-01 0 days 1,789 sqft
    2023-05-01 0 days 1,763 sqft
    2023-06-01 0 days 1,803 sqft
    2023-07-01 0 days 1,792 sqft
    2023-08-01 0 days 1,783 sqft
    2023-09-01 0 days 1,748 sqft
    2023-10-01 0 days 1,767 sqft
    2023-11-01 0 days 1,801 sqft
    2023-12-01 0 days 1,850 sqft
    2024-01-01 0 days 1,781 sqft
    2024-02-01 0 days 1,738 sqft
    2024-03-01 0 days 1,710 sqft
    2024-04-01 0 days 1,689 sqft
    2024-05-01 0 days 1,721 sqft
    2024-06-01 0 days 1,738 sqft
    2024-07-01 0 days 1,746 sqft
    2024-08-01 0 days 1,789 sqft
    2024-09-01 0 days 1,756 sqft
    2024-10-01 0 days 1,775 sqft
    2024-11-01 0 days 1,784 sqft
    London's median listing age (time on market) for 2024-11-01 was 0 days.

    London's median square footage for active listings during the 2024-11-01 period was 1,784 sqft. One year prior, the average listing was 1,801 sqft.

    London, KY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,041 $185,505,000 $178,199
    Refi 277 $28,165,000 $101,679
    Home Improvement 151 $10,515,000 $69,636
    Cash Out Refi 149 $21,405,000 $143,658
    Other 118 $7,590,000 $64,322

    London's most frequently cited loan purpose was Home Purchase, with 1,041 originations. The 2nd most popular reason was Refi, with 277 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    Over 8% 551 $45,905,000 $83,312
    6-7% 492 $91,010,000 $184,980
    7-8% 356 $52,760,000 $148,202
    5-6% 207 $39,515,000 $190,894
    3-4% 16 $450,000 $28,125
    4-5% 6 $1,250,000 $208,333

    During 2023, London's most frequently originated rate bucket was Over 8%, with 551 originations.

    Loan Sizing (London, KY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 680 $38,740,000 $56,971
    $100k-200k 668 $97,170,000 $145,464
    $200k-400k 340 $89,840,000 $264,235
    $400k-600k 41 $19,385,000 $472,805
    $Over $1MM 4 $5,540,000 $1,385,000
    $600k-1000k 3 $2,505,000 $835,000

    London's loan sizing saw the bucket of loans from $100,000 or less with 680 originations, totaling $38,740,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 746 $137,960,000 $184,933
    60-80% 257 $41,445,000 $161,265
    20-40% 216 $15,680,000 $72,593
    Under 20% 199 $6,845,000 $34,397
    40-60% 153 $19,575,000 $127,941
    Over 100% 49 $8,465,000 $172,755

    London's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 746 originations, totaling $137,960,000 in origination value.