London Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in London averaged
6.92%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
6.97% and
one month ago for the week of 2025-04-17, the
average rate was 6.89%.
London's average rate one year ago was 7.18%.
For refis of the same type during the week of 2025-05-22, the average rate
was 7.46%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| London 30 Year Fixed Rate | 2025-05-22 | 6.92% |
| London 30 Year Fixed Rate Refi | 2025-05-22 | 7.46% |
| London 15 Year Fixed Rate | 2025-05-22 | 6.21% |
| London 15 Year Fixed Rate Refi | 2025-05-22 | 6.11% |
| London 30 Year FHA | 2025-05-22 | 6.86% |
| London 30 Year FHA Refi | 2025-05-22 | 6.61% |
| London 30 Year USDA | 2025-05-22 | 6.67% |
| London 30 Year USDA Refi | 2025-05-22 | 6.23% |
| London 30 Year VA | 2025-05-22 | 6.58% |
| London 30 Year VA Refi | 2025-05-22 | 6.52% |
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.).
London Average Closing Costs & Other Stats
London, KY's 74 lenders originated 1,887
loans during 2024. The total origination value was $293,035,000, with an average loan value of
$155,291.
London's average closing costs are $4,464.
The top London lender as defined by loan originations is L & N Federal Credit Union, with
75 loans originated. Their average total fees are
$2,477, which is $3,539
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee London lenders (with over 10 loans originated) are
Commercial Bank ($1,416), L & N Federal Credit Union ($2,477), Community Trust Bank, Inc. ($2,628), Forcht Bank ($2,958) and UNITED WHOLESALE MORTGAGE, LLC ($5,728).
The lowest rate London lenders (with over 10 loans originated) are
Commercial Bank (6.60%), Community Trust Bank, Inc. (6.65%), QUICKEN LOANS, LLC (6.79%), UNITED WHOLESALE MORTGAGE, LLC (6.87%) and Forcht Bank (6.90%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Community Trust Bank, Inc. | $31,795,000 | $34,260,000 | 7.8% | 11.7% |
| QUICKEN LOANS, LLC | $13,695,000 | $26,785,000 | 95.6% | 9.1% |
| L & N Federal Credit Union | $24,820,000 | $26,275,000 | 5.9% | 9.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $15,170,000 | $15,895,000 | 4.8% | 5.4% |
| POLARIS HOME FUNDING CORP. | $10,850,000 | $14,315,000 | 31.9% | 4.9% |
| Mortgage Research Center, LLC | $11,615,000 | $12,780,000 | 10.0% | 4.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $15,775,000 | $10,950,000 | -30.6% | 3.7% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $9,695,000 | $10,825,000 | 11.7% | 3.7% |
| First State Bank of the Southeast, Inc. | $6,010,000 | $8,825,000 | 46.8% | 3.0% |
| PNC Bank | $7,100,000 | $7,465,000 | 5.1% | 2.5% |
| Commercial Bank | $6,670,000 | $6,550,000 | -1.8% | 2.2% |
| Equity Prime Mortgage LLC | $1,875,000 | $6,545,000 | 249.1% | 2.2% |
| Cumberland Valley National Bank & Trust Company | $8,525,000 | $6,070,000 | -28.8% | 2.1% |
| 21ST MORTGAGE CORPORATION | $3,515,000 | $5,110,000 | 45.4% | 1.7% |
| Forcht Bank | $3,720,000 | $5,005,000 | 34.5% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $3,360,000 | $4,145,000 | 23.4% | 1.4% |
| The Monticello Banking Company | $3,045,000 | $3,970,000 | 30.4% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $1,545,000 | $3,850,000 | 149.2% | 1.3% |
| Paramount Residential Mortgage Group, Inc. | $3,465,000 | $3,545,000 | 2.3% | 1.2% |
| STOCKTON MORTGAGE CORPORATION | $2,365,000 | $3,410,000 | 44.2% | 1.2% |
| NAVY FEDERAL CREDIT UNION | $2,300,000 | $3,075,000 | 33.7% | 1.0% |
| LOANDEPOT.COM, LLC | $815,000 | $2,450,000 | 200.6% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,045,000 | $2,250,000 | 115.3% | 0.8% |
| NEWREZ LLC | $2,790,000 | $2,005,000 | -28.1% | 0.7% |
| Truist | $1,995,000 | $2,005,000 | 0.5% | 0.7% |
| Farm Credit Mid-America, ACA | $510,000 | $1,775,000 | 248.0% | 0.6% |
| EVERETT FINANCIAL, INC. | $660,000 | $1,680,000 | 154.5% | 0.6% |
| TOP FLITE FINANCIAL, INC. | $1,890,000 | $1,675,000 | -11.4% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $710,000 | $1,625,000 | 128.9% | 0.6% |
| Whitaker Bank | $2,040,000 | $1,590,000 | -22.1% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $910,000 | $1,565,000 | 72.0% | 0.5% |
| Plains Commerce Bank | $2,175,000 | $1,510,000 | -30.6% | 0.5% |
| Flagstar Bank, FSB | $1,065,000 | $1,495,000 | 40.4% | 0.5% |
| BROKER SOLUTIONS, INC. | $1,100,000 | $1,415,000 | 28.6% | 0.5% |
| GENEVA FINANCIAL, LLC | $1,035,000 | $1,385,000 | 33.8% | 0.5% |
| USAA Federal Savings Bank | $1,660,000 | $1,365,000 | -17.8% | 0.5% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $225,000 | $1,335,000 | 493.3% | 0.5% |
| Stock Yards Bank & Trust Company | $1,210,000 | n/a | 0.4% | |
| CROSSCOUNTRY MORTGAGE, LLC | $1,530,000 | $1,175,000 | -23.2% | 0.4% |
| Wells Fargo Bank | $600,000 | $1,110,000 | 85.0% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,060,000 | n/a | 0.4% | |
| U.S. Bank | $1,350,000 | $1,050,000 | -22.2% | 0.4% |
| GoPrime Mortgage, Inc. | $435,000 | $1,045,000 | 140.2% | 0.4% |
| The Huntington National Bank | $1,200,000 | $955,000 | -20.4% | 0.3% |
| PLANET HOME LENDING, LLC | $895,000 | n/a | 0.3% | |
| CARDINAL FINANCIAL | $1,600,000 | $825,000 | -48.4% | 0.3% |
| Central Bank | $25,000 | $780,000 | 3,020.0% | 0.3% |
| FirstBank | $1,765,000 | $780,000 | -55.8% | 0.3% |
| Renasant Bank | $465,000 | $765,000 | 64.5% | 0.3% |
| CSL Financial, LLC | $745,000 | $755,000 | 1.3% | 0.3% |
| Guardian Savings Bank, A Federal Savings Bank | $135,000 | $755,000 | 459.3% | 0.3% |
| JPMorgan Chase Bank | $970,000 | $745,000 | -23.2% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $340,000 | $745,000 | 119.1% | 0.3% |
| Fifth Third Bank | $675,000 | $740,000 | 9.6% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $175,000 | $730,000 | 317.1% | 0.2% |
| T2 FINANCIAL LLC | $730,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $2,860,000 | $695,000 | -75.7% | 0.2% |
| FIRST STATE MORTGAGE SERVICES, LLC | $695,000 | n/a | 0.2% | |
| M&T Bank | $685,000 | n/a | 0.2% | |
| The Loan Store, Inc. | $1,295,000 | $670,000 | -48.3% | 0.2% |
| NEW DAY FINANCIAL, LLC | $350,000 | $645,000 | 84.3% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $200,000 | $625,000 | 212.5% | 0.2% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,360,000 | $620,000 | -54.4% | 0.2% |
| Ixonia Bank | $580,000 | n/a | 0.2% | |
| OPEN MORTGAGE, LLC | $565,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $75,000 | $560,000 | 646.7% | 0.2% |
| RUOFF MORTGAGE COMPANY, INC. | $475,000 | $555,000 | 16.8% | 0.2% |
| Coastal Community Bank | $395,000 | $540,000 | 36.7% | 0.2% |
| PARK COMMUNITY CREDIT UNION, INC. | $535,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $160,000 | $535,000 | 234.4% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $515,000 | n/a | 0.2% | |
| RELIANCE FIRST CAPITAL, LLC | $525,000 | $500,000 | -4.8% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $495,000 | n/a | 0.2% | |
| Peoples Bank | $415,000 | $480,000 | 15.7% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $760,000 | $480,000 | -36.8% | 0.2% |
| Discover Bank | $355,000 | $475,000 | 33.8% | 0.2% |
| Peoples Bank | $415,000 | $455,000 | 9.6% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $305,000 | $450,000 | 47.5% | 0.2% |
| Magnolia Bank | $185,000 | $445,000 | 140.5% | 0.2% |
| UNION HOME MORTGAGE CORP. | $420,000 | $420,000 | 0.0% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $405,000 | n/a | 0.1% | |
| LIBERTY HOME MORTGAGE CORPORATION | $405,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $390,000 | n/a | 0.1% | |
| MORTGAGE INVESTORS GROUP, INC. | $340,000 | $380,000 | 11.8% | 0.1% |
| Northpointe Bank | $1,225,000 | $355,000 | -71.0% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $345,000 | n/a | 0.1% | |
| BOKF | $325,000 | n/a | 0.1% | |
| Deere Employees Credit Union | $325,000 | n/a | 0.1% | |
| Gateway First Bank | $55,000 | $325,000 | 490.9% | 0.1% |
| Union Savings Bank | $185,000 | $325,000 | 75.7% | 0.1% |
| Commerce Home Mortgage, Inc. | $145,000 | $315,000 | 117.2% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $315,000 | n/a | 0.1% | |
| ROSS MORTGAGE CORPORATION | $305,000 | $315,000 | 3.3% | 0.1% |
| GUARANTEED RATE, INC. | $185,000 | $310,000 | 67.6% | 0.1% |
| UBANK | $1,395,000 | $310,000 | -77.8% | 0.1% |
| UNIVERSITY OF KENTUCKY | $180,000 | $310,000 | 72.2% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $255,000 | $305,000 | 19.6% | 0.1% |
| AXIA FINANCIAL, LLC | $165,000 | $295,000 | 78.8% | 0.1% |
| SWBC MORTGAGE CORPORATION | $290,000 | n/a | 0.1% | |
| EVANSVILLE TEACHERS | $85,000 | $285,000 | 235.3% | 0.1% |
| Nations Lending Corporation | $420,000 | $285,000 | -32.1% | 0.1% |
| SERVICE ONE | $265,000 | n/a | 0.1% | |
| Brighton Bank | $255,000 | n/a | 0.1% | |
| First Savings Bank | $255,000 | n/a | 0.1% | |
| WesBanco | $80,000 | $255,000 | 218.8% | 0.1% |
| First Volunteer Bank | $300,000 | $250,000 | -16.7% | 0.1% |
| Peoples Exchange Bank | $240,000 | n/a | 0.1% | |
| Ally Bank | $235,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $1,600,000 | $235,000 | -85.3% | 0.1% |
| PREMIA MORTGAGE, LLC | $285,000 | $235,000 | -17.5% | 0.1% |
| Regions Bank | $225,000 | n/a | 0.1% | |
| COMMONWEALTH | $605,000 | $205,000 | -66.1% | 0.1% |
| TOWNE MORTGAGE COMPANY | $145,000 | $205,000 | 41.4% | 0.1% |
| Trustmark National Bank | $205,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $320,000 | $195,000 | -39.1% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $165,000 | $185,000 | 12.1% | 0.1% |
| German American Bank | $185,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $800,000 | $175,000 | -78.1% | 0.1% |
| VICTORY MORTGAGE, L.L.C. | $175,000 | n/a | 0.1% | |
| V.I.P. MORTGAGE, INC. | $175,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $165,000 | n/a | 0.1% | |
| Baxter Credit Union | $165,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $440,000 | $165,000 | -62.5% | 0.1% |
| ENDEAVOR CAPITAL, LLC. | $165,000 | n/a | 0.1% | |
| Home Federal Bank Corporation | $280,000 | $165,000 | -41.1% | 0.1% |
| Armed Forces Bank | $155,000 | n/a | 0.1% | |
| SeaTrust Mortgage Company | $575,000 | $155,000 | -73.0% | 0.1% |
| Republic Bank & Trust Company | $150,000 | n/a | 0.1% | |
| Citizens Bank of Kentucky, Inc. | $1,075,000 | $145,000 | -86.5% | 0.0% |
| Republic State Mortgage Co. | $960,000 | $145,000 | -84.9% | 0.0% |
| THE MORTGAGE FIRM, INC. | $145,000 | n/a | 0.0% | |
| Citizens Bank | $315,000 | $140,000 | -55.6% | 0.0% |
| First Southern National Bank | $360,000 | $135,000 | -62.5% | 0.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $135,000 | n/a | 0.0% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $125,000 | n/a | 0.0% | |
| First Citizens National Bank | $125,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $115,000 | $125,000 | 8.7% | 0.0% |
| Wilson & Muir Bank & Trust Company | $125,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $85,000 | $115,000 | 35.3% | 0.0% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $115,000 | n/a | 0.0% | |
| OCMBC, INC. | $115,000 | n/a | 0.0% | |
| The Citizens National Bank of Somerset | $115,000 | n/a | 0.0% | |
| The First National Bank of Oneida | $115,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $110,000 | n/a | 0.0% | |
| Bank of America | $55,000 | $105,000 | 90.9% | 0.0% |
| The Park National Bank | $105,000 | n/a | 0.0% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $275,000 | $95,000 | -65.5% | 0.0% |
| KeyBank | $95,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $95,000 | n/a | 0.0% | |
| Leader Bank | $85,000 | n/a | 0.0% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $75,000 | n/a | 0.0% | |
| The Dart Bank | $75,000 | n/a | 0.0% | |
| EASTMAN | $170,000 | $60,000 | -64.7% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $300,000 | $55,000 | -81.7% | 0.0% |
| DUPACO COMMUNITY | $215,000 | $45,000 | -79.1% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $115,000 | $35,000 | -69.6% | 0.0% |
| Northwest Federal Credit Union | $25,000 | n/a | 0.0% |
London's top lender by overall market share is Community Trust Bank, Inc., with 11.7% market share. In second place, with 9.1%, is QUICKEN LOANS, LLC, having originated $26,785,000 in loans. In third place, with 9.0%, is L & N Federal Credit Union, having originated $26,275,000 in loans. In fourth place, with 5.4%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $15,895,000 in loans. In fifth place, with 4.9%, is POLARIS HOME FUNDING CORP., having originated $14,315,000 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 |
| 2024-12-01 | $258,375 (3.8%) | $305,541 (-0.6%) | 0.00 | 287 |
London's median listing price comes in at 0% of the national average.
London's average listing price for 2024-12-01 was $305,541, a difference of $-1,918 (-0.6%) versus the prior year and $3,405 versus the prior month.
For the 2024-12-01 period, London had 287 MLS listings, a difference of -6 listings (-2%) versus the prior month and 54 listings (23%) 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 |
| 2024-12-01 | 0 days | 1,779 sqft |
London's median square footage for active listings during the 2024-12-01 period was 1,779 sqft. One year prior, the average listing was 1,850 sqft.
London, KY Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,110 | $201,000,000 | $181,081 |
| Refi | 222 | $35,580,000 | $160,270 |
| Cash Out Refi | 207 | $32,355,000 | $156,304 |
| Other | 205 | $14,565,000 | $71,049 |
| Home Improvement | 143 | $9,535,000 | $66,678 |
London's most frequently cited loan purpose was Home Purchase, with 1,110 originations. The 2nd most popular reason was Refi, with 222 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 654 | $126,160,000 | $192,905 |
| Over 8% | 605 | $48,585,000 | $80,306 |
| 7-8% | 323 | $57,475,000 | $177,941 |
| 5-6% | 152 | $35,910,000 | $236,250 |
| 3-4% | 27 | $1,195,000 | $44,259 |
| 4-5% | 6 | $1,710,000 | $285,000 |
| <2.5% | 3 | $435,000 | $145,000 |
During 2024, London's most frequently originated rate bucket was 6-7%, with 654 originations.
Loan Sizing (London, KY MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 703 | $39,085,000 | $55,597 |
| $100k-200k | 681 | $99,245,000 | $145,734 |
| $200k-400k | 438 | $115,820,000 | $264,429 |
| $400k-600k | 45 | $21,115,000 | $469,222 |
| $600k-1000k | 17 | $12,875,000 | $757,353 |
| $Over $1MM | 3 | $4,895,000 | $1,631,667 |
London's loan sizing saw the bucket of loans from $100,000 or less with 703 originations, totaling $39,085,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 818 | $157,370,000 | $192,384 |
| 60-80% | 282 | $51,790,000 | $183,652 |
| 20-40% | 239 | $19,465,000 | $81,444 |
| Under 20% | 202 | $7,000,000 | $34,653 |
| 40-60% | 151 | $20,115,000 | $133,212 |
| Over 100% | 48 | $9,910,000 | $206,458 |
London's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 818 originations, totaling $157,370,000 in origination value.