Marion 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 Marion averaged 6.83% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.45% and one month ago for the week of 2023-04-20, the average rate was 6.55%.

    Marion's average rate one year ago was 5.51%.

    For refis of the same type during the week of 2023-05-25, the average rate was 6.47%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Marion 30 Year Fixed Rate 2023-05-25 6.83%
    Marion 30 Year Fixed Rate Refi 2023-05-25 6.47%
    Marion 15 Year Fixed Rate 2023-05-25 5.77%
    Marion 15 Year Fixed Rate Refi 2023-05-25 6.47%
    Marion 30 Year FHA 2023-05-25 6.34%
    Marion 30 Year FHA Refi 2023-05-25 6.51%
    Marion 30 Year USDA 2023-05-25 6.73%
    Marion 30 Year USDA Refi 2023-05-25 6.73%
    Marion 30 Year VA 2023-05-25 6.21%
    Marion 30 Year VA Refi 2023-05-25 6.51%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Marion, OH.

    Marion 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 Marion, OH 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
    UNION HOME MORTGAGE CORP. 61 5.47% $4,190
    First Federal Bank of the Midwest 55 5.06% $3,124
    UNITED 39 4.96% $3,287
    The Huntington National Bank 27 5.16% $4,142
    QUICKEN LOANS, LLC 23 5.23% $5,273
    JPMorgan Chase Bank 20 5.77% $2,925
    The Union Bank Company 14 4.71% $3,326
    UNITED WHOLESALE MORTGAGE, LLC 12 5.37% $4,212
    PRIMARY RESIDENTIAL MORTGAGE, INC. 11 5.16% $4,898
    NFM, INC. 10 5.60% $4,945
    RUOFF MORTGAGE COMPANY, INC. 9 5.00% $3,071
    The Richwood Banking Company 9 4.97% $3,298
    The Park National Bank 9 5.03% $3,274
    LOANDEPOT.COM, LLC 7 5.68% $5,432
    PENNYMAC LOAN SERVICES, LLC 7 5.18% $4,943
    PNC Bank 6 4.38% $3,258
    T2 FINANCIAL LLC 6 5.54% $5,357
    HOMESIDE FINANCIAL, LLC 5 4.78% $6,277
    Wells Fargo Bank 5 4.83% $4,671
    Flagstar Bank, FSB 5 5.75% $4,089
    WRIGHT-PATT CREDIT UNION, INC. 4 6.22% $2,358
    EQUITY RESOURCES, INC. 4 5.72% $2,763
    Fifth Third Bank 4 4.94% $3,416
    FREEDOM MORTGAGE CORPORATION 4 5.19% $4,506
    HOME POINT FINANCIAL CORPORATION 4 4.65% $4,942
    HONDA Federal Credit Union 4 4.13% $2,768
    Third Federal Savings and Loan Association of Cleveland 4 4.20% $1,857
    GSF Mortgage Corporation 3 4.42% $4,994
    Hometown Lenders, Inc. 3 5.66% $3,561
    GUARANTEED RATE AFFINITY, LLC 3 5.65% $3,690
    CALIBER HOME LOANS, INC. 3 6.00% $4,956
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.66% $3,737
    BROKER SOLUTIONS, INC. 3 5.66% $5,899
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.17% $4,193
    Union Savings Bank 3 4.58% $2,530
    Mr. Cooper ( Nationstar Mortgage ) 3 5.41% $5,999
    FIRST OHIO HOME FINANCE, INC. 3 6.04% $2,609
    CNB Bank 3 4.00% $2,642
    RAPID MORTGAGE COMPANY 3 6.17% $5,247
    ROYAL UNITED MORTGAGE LLC 3 5.92% $7,933
    Civista Bank 3 5.00% $2,729
    KELLER MORTGAGE, LLC 2 5.19% $2,484
    U.S. Bank 2 5.18% $3,349
    HALLMARK HOME MORTGAGE, LLC 2 6.44% $4,065
    LAKEVIEW LOAN SERVICING, LLC 2 5.56% $3,985
    Liberty National Bank 2 5.38% $2,781
    Bank of America 2 5.38% $5,700
    AMERICAN FINANCING CORPORATION 2 4.81% $4,906
    GUARANTEED RATE, INC. 2 4.43% $3,694
    Discover Bank 2 7.37% $0
    CROSSCOUNTRY MORTGAGE, LLC 2 5.48% $5,918
    UNITED MORTGAGE CORP. 2 5.00% $5,175
    TELHIO 1 3.38% $3,240
    THE EQUITABLE MORTGAGE CORPORATION 1 5.13% $3,300
    Chicago Mortgage Solutions LLC 1 4.62% $1,700
    Carrington Mortgage Services, LLC 1 5.63% $8,234
    The State Bank and Trust Company 1 7.25% $3,694
    Truist 1 3.75% $3,027
    Bank of England 1 3.75% $4,952
    AMERISAVE MORTGAGE CORPORATION 1 4.50% $2,612
    First Home Bank 1 4.62% $5,566
    GENEVA FINANCIAL, LLC 1 5.63% $7,604
    GUILD MORTGAGE COMPANY 1 6.63% $4,514
    Heartland Bank 1 4.25% $1,703
    VICTORY MORTGAGE, L.L.C. 1 6.63% $2,141
    FIRST COMMUNITY MORTGAGE, INC. 1 5.00% $4,065
    AMERIFIRST FINANCIAL CORPORATION 1 6.88% $4,185
    IMPAC MORTGAGE CORP. 1 5.63% $1,884
    KEMBA FINANCIAL 1 6.25% $2,783
    ENVOY MORTGAGE, LTD 1 5.75% $4,956
    LOANPAL, LLC 1 3.88% $4,079
    MID AMERICA MORTGAGE, INC. 1 6.25% $4,064
    Mortgage Research Center, LLC 1 5.38% $1,450
    Nations Lending Corporation 1 6.63% $6,070
    NAVY FEDERAL CREDIT UNION 1 6.75% $3,248
    Neighborhood Loans, Inc. 1 7.13% $2,796
    NEWREZ LLC 1 3.13% $2,746
    EDUCATION FIRST CREDIT UNION, INC. 1 5.88% $2,611
    NTFN, INC. 1 4.88% $1,710
    DAS Acquisition Company, LLC 1 5.38% $5,946
    POLARIS HOME FUNDING CORP. 1 4.75% $3,091
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 4.00% $4,164
    RESIDENTIAL BANCORP. 1 5.13% $8,271
    CME Federal Credit Union 1 4.50% $5,621
    SECURITYNATIONAL MORTGAGE COMPANY 1 7.13% $6,601
    Stifel Bank and Trust 1 4.25% $1,627

    Marion Average Closing Costs & Other Stats

    Marion, OH's 86 lenders originated 1,448 loans during 2022. The total origination value was $199,160,000, with an average loan value of $137,541.

    Marion's average closing costs are $4,166.

    The top Marion lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 61 loans originated. Their average total fees are $4,190, which is $1,067 higher than the next largest lender, First Federal Bank of the Midwest.

    The lowest fee Marion lenders (with over 10 loans originated) are JPMorgan Chase Bank ($2,925), First Federal Bank of the Midwest ($3,124), UNITED ($3,287), The Union Bank Company ($3,326) and The Huntington National Bank ($4,142).

    The lowest rate Marion lenders (with over 10 loans originated) are The Union Bank Company (4.71%), UNITED (4.96%), First Federal Bank of the Midwest (5.06%), PRIMARY RESIDENTIAL MORTGAGE, INC. (5.16%) and The Huntington National Bank (5.16%).

    Marion, OH 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
    UNION HOME MORTGAGE CORP. $45,245,000 $27,745,000 -38.7% 13.9%
    First Federal Bank of the Midwest $24,800,000 $18,940,000 -23.6% 9.5%
    QUICKEN LOANS, LLC $24,750,000 $13,075,000 -47.2% 6.6%
    The Huntington National Bank $13,780,000 $11,310,000 -17.9% 5.7%
    The Richwood Banking Company $1,560,000 $10,895,000 598.4% 5.5%
    UNITED $9,640,000 $9,280,000 -3.7% 4.7%
    UNITED WHOLESALE MORTGAGE, LLC $7,555,000 $6,015,000 -20.4% 3.0%
    The Union Bank Company $3,580,000 $5,525,000 54.3% 2.8%
    JPMorgan Chase Bank $6,960,000 $4,985,000 -28.4% 2.5%
    PNC Bank $7,755,000 $4,965,000 -36.0% 2.5%
    NFM, INC. $2,915,000 $3,490,000 19.7% 1.8%
    Fifth Third Bank $5,920,000 $3,150,000 -46.8% 1.6%
    The Park National Bank $6,245,000 $3,010,000 -51.8% 1.5%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $850,000 $2,965,000 248.8% 1.5%
    LOANDEPOT.COM, LLC $3,775,000 $2,720,000 -27.9% 1.4%
    EQUITY RESOURCES, INC. $4,220,000 $2,675,000 -36.6% 1.3%
    CNB Bank $1,825,000 $2,595,000 42.2% 1.3%
    RUOFF MORTGAGE COMPANY, INC. $2,665,000 $2,560,000 -3.9% 1.3%
    FREEDOM MORTGAGE CORPORATION $7,930,000 $2,340,000 -70.5% 1.2%
    PENNYMAC LOAN SERVICES, LLC $2,590,000 $2,135,000 -17.6% 1.1%
    Mortgage Research Center, LLC $4,790,000 $2,125,000 -55.6% 1.1%
    T2 FINANCIAL LLC $2,495,000 $2,065,000 -17.2% 1.0%
    HONDA Federal Credit Union $1,965,000 $2,010,000 2.3% 1.0%
    Mr. Cooper ( Nationstar Mortgage ) $2,325,000 $1,960,000 -15.7% 1.0%
    HOMESIDE FINANCIAL, LLC $2,665,000 $1,915,000 -28.1% 1.0%
    HOME POINT FINANCIAL CORPORATION $3,745,000 $1,540,000 -58.9% 0.8%
    CALIBER HOME LOANS, INC. $3,995,000 $1,500,000 -62.5% 0.8%
    AMERISAVE MORTGAGE CORPORATION $2,030,000 $1,455,000 -28.3% 0.7%
    BROKER SOLUTIONS, INC. $610,000 $1,355,000 122.1% 0.7%
    Third Federal Savings and Loan Association of Cleveland $1,915,000 $1,335,000 -30.3% 0.7%
    RAPID MORTGAGE COMPANY $1,060,000 $1,190,000 12.3% 0.6%
    Flagstar Bank, FSB $840,000 $1,155,000 37.5% 0.6%
    Wells Fargo Bank $1,705,000 $1,105,000 -35.2% 0.6%
    NEW DAY FINANCIAL, LLC $1,330,000 $1,000,000 -24.8% 0.5%
    MOVEMENT MORTGAGE, LLC $1,660,000 $985,000 -40.7% 0.5%
    GUARANTEED RATE AFFINITY, LLC $815,000 $950,000 16.6% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $1,605,000 $895,000 -44.2% 0.4%
    AG Credit, Agricultural Credit Association $1,485,000 $890,000 -40.1% 0.4%
    WRIGHT-PATT CREDIT UNION, INC. $565,000 $870,000 54.0% 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,720,000 $840,000 -51.2% 0.4%
    First Federal Community Bank of Bucyrus $415,000 $810,000 95.2% 0.4%
    WesBanco Bank, Inc. $1,050,000 $795,000 -24.3% 0.4%
    Carrington Mortgage Services, LLC $1,395,000 $780,000 -44.1% 0.4%
    Citizens Bank $245,000 $775,000 216.3% 0.4%
    NTFN, INC. $515,000 $750,000 45.6% 0.4%
    U.S. Bank $2,780,000 $745,000 -73.2% 0.4%
    The Federal Savings Bank $735,000 $715,000 -2.7% 0.4%
    ROYAL UNITED MORTGAGE LLC $750,000 $710,000 -5.3% 0.4%
    Hometown Lenders, Inc. $455,000 $695,000 52.7% 0.3%
    GUARANTEED RATE, INC. $805,000 $685,000 -14.9% 0.3%
    NEWREZ LLC $880,000 $680,000 -22.7% 0.3%
    GSF Mortgage Corporation $645,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $3,470,000 $640,000 -81.6% 0.3%
    Union Savings Bank $1,880,000 $625,000 -66.8% 0.3%
    AMERICAN MORTGAGE SERVICE COMPANY $815,000 $620,000 -23.9% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $1,045,000 $615,000 -41.1% 0.3%
    AMERICAN FINANCING CORPORATION $990,000 $545,000 -44.9% 0.3%
    Liberty National Bank $920,000 $535,000 -41.8% 0.3%
    Nations Lending Corporation $115,000 $530,000 360.9% 0.3%
    Bank of America $430,000 $510,000 18.6% 0.3%
    PLANET HOME LENDING, LLC $605,000 $500,000 -17.4% 0.3%
    KELLER MORTGAGE, LLC $1,120,000 $495,000 -55.8% 0.2%
    21ST MORTGAGE CORPORATION $480,000 $470,000 -2.1% 0.2%
    GENEVA FINANCIAL, LLC $465,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $195,000 $460,000 135.9% 0.2%
    First Commonwealth Bank $990,000 $460,000 -53.5% 0.2%
    THE EQUITABLE MORTGAGE CORPORATION $1,970,000 $460,000 -76.6% 0.2%
    Barrington Bank & Trust Company, N.A. $745,000 $420,000 -43.6% 0.2%
    NAVY FEDERAL CREDIT UNION $675,000 $405,000 -40.0% 0.2%
    Neighborhood Loans, Inc. $395,000 n/a 0.2%
    UNITED MORTGAGE CORP. $525,000 $385,000 -26.7% 0.2%
    KeyBank $160,000 $380,000 137.5% 0.2%
    Civista Bank $580,000 $375,000 -35.3% 0.2%
    TELHIO $255,000 $375,000 47.1% 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,105,000 $360,000 -67.4% 0.2%
    POLARIS HOME FUNDING CORP. $175,000 $355,000 102.9% 0.2%
    VILLAGE CAPITAL MORTGAGE $740,000 $345,000 -53.4% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $320,000 n/a 0.2%
    NBKC BANK $215,000 $315,000 46.5% 0.2%
    CIVIC FINANCIAL SERVICES, LLC $65,000 $300,000 361.5% 0.2%
    SECURITYNATIONAL MORTGAGE COMPANY $300,000 n/a 0.2%
    1ST SIGNATURE LENDING, LLC $520,000 $295,000 -43.3% 0.1%
    FIRST OHIO HOME FINANCE, INC. $410,000 $295,000 -28.0% 0.1%
    Figure Lending LLC $120,000 $290,000 141.7% 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $820,000 $275,000 -66.5% 0.1%
    GUILD MORTGAGE COMPANY $1,080,000 $275,000 -74.5% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $275,000 n/a 0.1%
    KEMBA FINANCIAL $465,000 $270,000 -41.9% 0.1%
    Discover Bank $265,000 n/a 0.1%
    East Coast Capital Corp. $310,000 $265,000 -14.5% 0.1%
    First Federal Bank of Ohio $440,000 $250,000 -43.2% 0.1%
    MID AMERICA MORTGAGE, INC. $675,000 $250,000 -63.0% 0.1%
    CLEARPATH LENDING $795,000 $245,000 -69.2% 0.1%
    Heartland Bank $230,000 n/a 0.1%
    DAS Acquisition Company, LLC $240,000 $225,000 -6.3% 0.1%
    USAA Federal Savings Bank $225,000 n/a 0.1%
    VERITAS FUNDING, LLC $225,000 n/a 0.1%
    First Federal Savings and Loan Association of Lakewood $220,000 n/a 0.1%
    TOP FLITE FINANCIAL, INC. $85,000 $220,000 158.8% 0.1%
    Chicago Mortgage Solutions LLC $215,000 n/a 0.1%
    First Federal Bank $215,000 n/a 0.1%
    Stifel Bank and Trust $205,000 $215,000 4.9% 0.1%
    Superior Credit Union, Inc. $260,000 $215,000 -17.3% 0.1%
    HALLMARK HOME MORTGAGE, LLC $760,000 $210,000 -72.4% 0.1%
    RESIDENTIAL BANCORP. $205,000 n/a 0.1%
    CME Federal Credit Union $135,000 $200,000 48.1% 0.1%
    RELIANCE FIRST CAPITAL, LLC $555,000 $175,000 -68.5% 0.1%
    VICTORY MORTGAGE, L.L.C. $165,000 n/a 0.1%
    SPRING EQ, LLC $115,000 $160,000 39.1% 0.1%
    ENVOY MORTGAGE, LTD $155,000 n/a 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $155,000 n/a 0.1%
    AMCAP MORTGAGE, LTD. $145,000 n/a 0.1%
    C E S $55,000 $145,000 163.6% 0.1%
    AMERIFIRST FINANCIAL CORPORATION $135,000 n/a 0.1%
    TRIAD FINANCIAL SERVICES, INC. $65,000 $135,000 107.7% 0.1%
    Bank of England $125,000 n/a 0.1%
    PLAZA HOME MORTGAGE, INC. $175,000 $125,000 -28.6% 0.1%
    SUPERIOR FINANCIAL SOLUTIONS, LLC $125,000 n/a 0.1%
    CORPORATE AMERICA FAMILY $625,000 $115,000 -81.6% 0.1%
    First Guaranty Mortgage Corporation $320,000 $115,000 -64.1% 0.1%
    The State Bank and Trust Company $945,000 $115,000 -87.8% 0.1%
    Paramount Residential Mortgage Group, Inc. $260,000 $105,000 -59.6% 0.1%
    AMERICAN ADVISORS GROUP $165,000 $100,000 -39.4% 0.1%
    FINANCE OF AMERICA MORTGAGE LLC $95,000 n/a 0.0%
    IMPAC MORTGAGE CORP. $95,000 n/a 0.0%
    LENDINGHOME FUNDING CORPORATION $85,000 $95,000 11.8% 0.0%
    Pathways Financial Credit Union, Inc. $115,000 $95,000 -17.4% 0.0%
    VELOCITY COMMERCIAL CAPITAL, LLC $85,000 n/a 0.0%
    CREDIT UNION OF OHIO $80,000 n/a 0.0%
    Seven Seventeen Credit Union $70,000 $80,000 14.3% 0.0%
    First Home Bank $75,000 n/a 0.0%
    LIBERTY HOME MORTGAGE CORPORATION $115,000 $75,000 -34.8% 0.0%
    Truist $155,000 $75,000 -51.6% 0.0%
    BMI Federal Credit Union $265,000 $65,000 -75.5% 0.0%
    EDUCATION FIRST CREDIT UNION, INC. $65,000 n/a 0.0%
    LOANPAL, LLC $230,000 $55,000 -76.1% 0.0%
    DIGITAL Federal Credit Union $45,000 n/a 0.0%
    Signature Federal Credit Union $45,000 n/a 0.0%
    PHH Mortgage Corporation $35,000 n/a 0.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $250,000 $25,000 -90.0% 0.0%

    Marion's top lender by overall market share is UNION HOME MORTGAGE CORP., with 13.9% market share. In second place, with 9.5%, is First Federal Bank of the Midwest, having originated $18,940,000 in loans. In third place, with 6.6%, is QUICKEN LOANS, LLC, having originated $13,075,000 in loans. In fourth place, with 5.7%, is The Huntington National Bank, having originated $11,310,000 in loans. In fifth place, with 5.5%, is The Richwood Banking Company, having originated $10,895,000 in loans.

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

    Realtor.com - Marion (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 $79,400 (-5.6%) $121,146 (9.0%) 0.00 135
    2018-02-01 $79,650 (-0.4%) $126,444 (11.2%) 0.00 132
    2018-03-01 $78,950 (-1.3%) $126,265 (10.1%) 0.00 128
    2018-04-01 $79,450 (-0.1%) $134,979 (22.8%) 0.00 110
    2018-05-01 $88,663 (11.9%) $132,892 (19.0%) 0.00 112
    2018-06-01 $97,200 (11.8%) $140,214 (13.9%) 0.00 130
    2018-07-01 $99,200 (12.8%) $142,133 (13.7%) 0.00 142
    2018-08-01 $91,450 (5.8%) $135,050 (6.6%) 0.00 168
    2018-09-01 $91,900 (15.0%) $129,849 (5.9%) 0.00 167
    2018-10-01 $88,675 (13.1%) $126,916 (0.9%) 0.00 159
    2018-11-01 $84,225 (10.4%) $117,602 (1.1%) 0.00 162
    2018-12-01 $74,900 (0.0%) $110,366 (-5.8%) 0.00 152
    2019-01-01 $74,900 (-5.7%) $103,412 (-14.6%) 0.00 134
    2019-02-01 $79,900 (0.3%) $106,028 (-16.2%) 0.00 117
    2019-03-01 $79,450 (0.6%) $105,181 (-16.7%) 0.00 110
    2019-04-01 $76,900 (-3.2%) $110,490 (-18.1%) 0.00 95
    2019-05-01 $91,475 (3.2%) $133,149 (0.2%) 0.00 97
    2019-06-01 $89,900 (-7.5%) $141,781 (1.1%) 0.00 112
    2019-07-01 $91,500 (-7.8%) $149,466 (5.2%) 0.00 108
    2019-08-01 $91,950 (0.6%) $152,022 (12.6%) 0.00 102
    2019-09-01 $99,450 (8.2%) $158,161 (21.8%) 0.00 95
    2019-10-01 $109,950 (24.0%) $148,940 (17.4%) 0.00 133
    2019-11-01 $109,900 (30.5%) $149,253 (26.9%) 0.00 137
    2019-12-01 $94,688 (26.4%) $145,689 (32.0%) 0.00 128
    2020-01-01 $89,900 (20.0%) $144,638 (39.9%) 0.00 102
    2020-02-01 $89,500 (12.0%) $135,351 (27.7%) 0.00 93
    2020-03-01 $84,125 (5.9%) $136,360 (29.6%) 0.00 78
    2020-04-01 $87,800 (14.2%) $137,728 (24.7%) 0.00 75
    2020-05-01 $87,900 (-3.9%) $149,850 (12.5%) 0.00 79
    2020-06-01 $89,600 (-0.3%) $136,246 (-3.9%) 0.00 64
    2020-07-01 $96,400 (5.4%) $153,670 (2.8%) 0.00 59
    2020-08-01 $115,000 (25.1%) $172,745 (13.6%) 0.00 55
    2020-09-01 $135,400 (36.2%) $180,316 (14.0%) 0.00 54
    2020-10-01 $119,900 (9.1%) $164,500 (10.5%) 0.00 66
    2020-11-01 $138,950 (26.4%) $176,200 (18.1%) 0.00 67
    2020-12-01 $129,200 (36.5%) $165,546 (13.6%) 0.00 56
    2021-01-01 $137,200 (52.6%) $176,741 (22.2%) 0.00 41
    2021-02-01 $105,375 (17.7%) $166,234 (22.8%) 0.00 30
    2021-03-01 $93,700 (11.4%) $159,505 (17.0%) 0.00 30
    2021-04-01 $167,200 (90.4%) $177,704 (29.0%) 0.00 41
    2021-05-01 $194,900 (121.7%) $180,897 (20.7%) 0.00 52
    2021-06-01 $149,450 (66.8%) $175,008 (28.5%) 0.00 52
    2021-07-01 $130,000 (34.9%) $163,493 (6.4%) 0.00 72
    2021-08-01 $130,325 (13.3%) $172,965 (0.1%) 0.00 82
    2021-09-01 $121,800 (-10.0%) $163,744 (-9.2%) 0.00 75
    2021-10-01 $114,900 (-4.2%) $151,246 (-8.1%) 0.00 78
    2021-11-01 $124,250 (-10.6%) $145,283 (-17.6%) 0.00 78
    2021-12-01 $119,225 (-7.7%) $141,677 (-14.4%) 0.00 70
    2022-01-01 $119,900 (-12.6%) $139,405 (-21.1%) 0.00 56
    2022-02-01 $129,250 (22.7%) $165,545 (-0.4%) 0.00 33
    2022-03-01 $135,700 (44.8%) $177,307 (11.2%) 0.00 26
    2022-04-01 $143,500 (-14.2%) $172,176 (-3.1%) 0.00 31
    2022-05-01 $103,092 (-47.1%) $147,397 (-18.5%) 0.00 59
    2022-06-01 $111,725 (-25.2%) $159,448 (-8.9%) 0.00 74
    2022-07-01 $138,900 (6.9%) $173,428 (6.1%) 0.00 75
    2022-08-01 $154,975 (18.9%) $197,608 (14.3%) 0.00 87
    2022-09-01 $148,900 (22.3%) $182,386 (11.4%) 0.00 99
    2022-10-01 $145,000 (26.2%) $172,198 (13.9%) 0.00 110
    2022-11-01 $146,075 (17.6%) $173,785 (19.6%) 0.00 96
    2022-12-01 $139,900 (17.3%) $169,973 (20.0%) 0.00 87
    2023-01-01 $134,900 (12.5%) $166,484 (19.4%) 0.00 70
    2023-02-01 $126,225 (-2.3%) $165,978 (0.3%) 0.00 60
    2023-03-01 $127,450 (-6.1%) $176,856 (-0.3%) 0.00 54
    2023-04-01 $138,200 (-3.7%) $174,060 (1.1%) 0.00 46
    Marion's median listing price for 2023-04-01 was $138,200, a difference of $-5,300 (-3.7%) versus the prior year and $10,750 versus the prior month.

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

    Marion's average listing price for 2023-04-01 was $174,060, a difference of $1,884 (1.1%) versus the prior year and $-2,796 versus the prior month.

    For the 2023-04-01 period, Marion had 46 MLS listings, a difference of -8 listings (-15%) versus the prior month and 15 listings (48%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marion (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,506 sqft
    2018-02-01 0 days 1,509 sqft
    2018-03-01 0 days 1,513 sqft
    2018-04-01 0 days 1,584 sqft
    2018-05-01 0 days 1,483 sqft
    2018-06-01 0 days 1,487 sqft
    2018-07-01 0 days 1,478 sqft
    2018-08-01 0 days 1,474 sqft
    2018-09-01 0 days 1,481 sqft
    2018-10-01 0 days 1,474 sqft
    2018-11-01 0 days 1,464 sqft
    2018-12-01 0 days 1,422 sqft
    2019-01-01 0 days 1,338 sqft
    2019-02-01 0 days 1,344 sqft
    2019-03-01 0 days 1,328 sqft
    2019-04-01 0 days 1,304 sqft
    2019-05-01 0 days 1,450 sqft
    2019-06-01 0 days 1,442 sqft
    2019-07-01 0 days 1,444 sqft
    2019-08-01 0 days 1,510 sqft
    2019-09-01 0 days 1,511 sqft
    2019-10-01 0 days 1,509 sqft
    2019-11-01 0 days 1,509 sqft
    2019-12-01 0 days 1,542 sqft
    2020-01-01 0 days 1,487 sqft
    2020-02-01 0 days 1,399 sqft
    2020-03-01 0 days 1,429 sqft
    2020-04-01 0 days 1,398 sqft
    2020-05-01 0 days 1,398 sqft
    2020-06-01 0 days 1,448 sqft
    2020-07-01 0 days 1,496 sqft
    2020-08-01 0 days 1,476 sqft
    2020-09-01 0 days 1,564 sqft
    2020-10-01 0 days 1,599 sqft
    2020-11-01 0 days 1,666 sqft
    2020-12-01 0 days 1,475 sqft
    2021-01-01 0 days 1,461 sqft
    2021-02-01 0 days 1,533 sqft
    2021-03-01 0 days 1,493 sqft
    2021-04-01 0 days 1,543 sqft
    2021-05-01 0 days 1,586 sqft
    2021-06-01 0 days 1,549 sqft
    2021-07-01 0 days 1,476 sqft
    2021-08-01 0 days 1,475 sqft
    2021-09-01 0 days 1,446 sqft
    2021-10-01 0 days 1,475 sqft
    2021-11-01 0 days 1,399 sqft
    2021-12-01 0 days 1,329 sqft
    2022-01-01 0 days 1,324 sqft
    2022-02-01 0 days 1,440 sqft
    2022-03-01 0 days 1,393 sqft
    2022-04-01 0 days 1,459 sqft
    2022-05-01 0 days 1,379 sqft
    2022-06-01 0 days 1,520 sqft
    2022-07-01 0 days 1,488 sqft
    2022-08-01 0 days 1,501 sqft
    2022-09-01 0 days 1,481 sqft
    2022-10-01 0 days 1,456 sqft
    2022-11-01 0 days 1,412 sqft
    2022-12-01 0 days 1,470 sqft
    2023-01-01 0 days 1,497 sqft
    2023-02-01 0 days 1,507 sqft
    2023-03-01 0 days 1,536 sqft
    2023-04-01 0 days 1,526 sqft
    Marion's median listing age (time on market) for 2023-04-01 was 0 days.

    Marion's median square footage for active listings during the 2023-04-01 period was 1,526 sqft. One year prior, the average listing was 1,459 sqft.

    Marion, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 703 $116,165,000 $165,242
    Cash Out Refi 317 $44,455,000 $140,237
    Home Improvement 163 $11,335,000 $69,540
    Refi 154 $19,510,000 $126,688
    Other 111 $7,695,000 $69,324

    Marion's most frequently cited loan purpose was Home Purchase, with 703 originations. The 2nd most popular reason was Cash Out Refi, with 317 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 376 $56,320,000 $149,787
    4-5% 301 $47,135,000 $156,595
    3-4% 295 $41,315,000 $140,051
    6-7% 240 $31,780,000 $132,417
    7-8% 81 $8,265,000 $102,037
    2.5-3% 68 $8,680,000 $127,647
    Over 8% 38 $1,660,000 $43,684
    <2.5% 24 $2,620,000 $109,167

    During 2022, Marion's most frequently originated rate bucket was 5-6%, with 376 originations.

    Loan Sizing (Marion, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 603 $84,345,000 $139,876
    $100,000 or less 569 $33,705,000 $59,236
    $200k-400k 253 $64,945,000 $256,700
    $400k-600k 18 $8,010,000 $445,000
    $Over $1MM 3 $6,895,000 $2,298,333
    $600k-1000k 2 $1,260,000 $630,000

    Marion's loan sizing saw the bucket of loans from $100k-200k with 603 originations, totaling $84,345,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 602 $101,080,000 $167,907
    60-80% 342 $56,780,000 $166,023
    20-40% 184 $13,040,000 $70,870
    40-60% 162 $17,770,000 $109,691
    Under 20% 115 $3,425,000 $29,783
    Over 100% 15 $3,735,000 $249,000

    Marion's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 602 originations, totaling $101,080,000 in origination value.