Marquette 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 Marquette averaged 6.85% for the week of 2025-05-29, compared to the national average of 6.89% for the same period.

    The average rate for the prior week (2025-05-22) was 7.12% and one month ago for the week of 2025-04-24, the average rate was 7.07%.

    Marquette's average rate one year ago was 6.9%.

    For refis of the same type during the week of 2025-05-29, the average rate was 6.79%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-29 6.89%
    Marquette 30 Year Fixed Rate 2025-05-29 6.85%
    Marquette 30 Year Fixed Rate Refi 2025-05-29 6.79%
    Marquette 15 Year Fixed Rate 2025-05-29 6.23%
    Marquette 15 Year Fixed Rate Refi 2025-05-29 6.23%
    Marquette 30 Year FHA 2025-05-29 0.1%
    Marquette 30 Year FHA Refi 2025-05-29 -0.1%
    Marquette 30 Year USDA 2025-05-29 0%
    Marquette 30 Year USDA Refi 2025-05-29 0.2%
    Marquette 30 Year VA 2025-05-29 -0.2%
    Marquette 30 Year VA Refi 2025-05-29 -0.2%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Marquette, MI.

    Marquette 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 Marquette, MI 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    IncredibleBank 64 6.75% $2,957
    Nicolet National Bank 48 6.99% $3,048
    Honor Credit Union 34 6.79% $2,956
    QUICKEN LOANS, LLC 27 6.79% $6,073
    The Huntington National Bank 21 7.08% $4,252
    UNITED WHOLESALE MORTGAGE, LLC 17 6.62% $5,660
    Flagstar Bank, FSB 11 6.74% $3,031
    MICHIGAN MUTUAL, INC. 9 6.93% $4,770
    Mortgage Research Center, LLC 5 7.17% $4,718
    LAKE MICHIGAN CREDIT UNION 4 6.56% $3,596
    NEWREZ LLC 4 7.65% $3,658
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3 7.04% $5,004
    Ally Bank 3 7.08% $3,812
    Bank of America 2 5.94% $3,328
    The Dart Bank 2 7.63% $5,231
    NAVY FEDERAL CREDIT UNION 2 5.75% $8,520
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $4,660
    NBKC BANK 2 7.31% $3,369
    Preston Home Loans Inc 2 6.74% $5,073
    LOANDEPOT.COM, LLC 2 6.94% $3,862
    USAA Federal Savings Bank 2 7.06% $3,570
    GUARANTEED RATE, INC. 2 6.55% $4,065
    Paramount Residential Mortgage Group, Inc. 2 7.44% $2,867
    Mercantile Bank of Michigan 2 6.50% $10,525
    JPMorgan Chase Bank 2 6.50% $2,638
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.75% $8,123
    Old National Bank 1 6.88% $3,132
    PCM 1 6.63% $2,343
    POINT Mortgage 1 7.38% $4,975
    Prosperity Home Mortgage, LLC 1 5.88% $20,379
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 5.88% $1,695
    ROYAL UNITED MORTGAGE LLC 1 6.75% $10,991
    RUOFF MORTGAGE COMPANY, INC. 1 6.63% $4,299
    STAUNTON FINANCIAL, INC. 1 6.63% $3,079
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.50% $3,904
    Summit Credit Union 1 5.75% $2,408
    Sunflower Bank 1 7.13% $4,940
    T2 FINANCIAL LLC 1 6.99% $3,388
    The Federal Savings Bank 1 7.63% $3,795
    THOMPSON KANE & COMPANY, LLC 1 6.75% $2,797
    UBS Bank USA 1 6.75% $3,190
    UNION HOME MORTGAGE CORP. 1 7.50% $7,009
    UNITED HOME LOANS, INC. 1 7.49% $3,786
    1st Source Bank 1 6.38% $5,133
    U.S. Bank 1 7.13% $7,848
    American Mortgage & Equity Consultants, Inc. 1 7.50% $7,526
    Armed Forces Bank 1 6.63% $3,038
    Associated Bank 1 6.75% $2,184
    ChoiceOne Bank 1 6.63% $3,796
    CHURCHILL MORTGAGE CORPORATION 1 6.63% $5,357
    CIBM Bank 1 7.00% $3,462
    CMG MORTGAGE, INC. 1 6.49% $7,924
    CONSUMERS 1 7.00% $3,684
    CoVantage Credit Union 1 5.88% $5,242
    CROSSCOUNTRY MORTGAGE, LLC 1 7.13% $4,449
    Discover Bank 1 6.78% $0
    DOW CHEMICAL EMPLOYEES' 1 6.50% $3,541
    EVERETT FINANCIAL, INC. 1 7.99% $0
    FIRST COMMUNITY MORTGAGE, INC. 1 7.50% $6,478
    First Federal Bank of the Midwest 1 7.00% $3,061
    First Merchants Bank 1 6.63% $2,589
    GUARANTEED RATE AFFINITY, LLC 1 7.25% $4,799
    GUIDANCE RESIDENTIAL, LLC 1 6.63% $5,537
    Home State Bank 1 6.63% $3,143
    MAYO EMPLOYEES FEDERAL CREDIT UNION 1 6.88% $7,605
    MICHIGAN FIRST CREDIT UNION 1 6.50% $3,524
    MORTGAGE CENTER L.C 1 6.38% $4,835
    MYCUMORTGAGE, LLC 1 6.38% $4,435
    Northpointe Bank 1 6.88% $3,388
    OceanFirst Bank 1 5.63% $2,173

    Marquette Average Closing Costs & Other Stats

    Marquette, MI's 70 lenders originated 937 loans during 2024. The total origination value was $177,375,000, with an average loan value of $189,301.

    Marquette's average closing costs are $3,538.

    The top Marquette lender as defined by loan originations is IncredibleBank, with 64 loans originated. Their average total fees are $2,957, which is $91 lower than the next largest lender, Nicolet National Bank.

    The lowest fee Marquette lenders (with over 10 loans originated) are Honor Credit Union ($2,956), IncredibleBank ($2,957), Flagstar Bank, FSB ($3,031), Nicolet National Bank ($3,048) and The Huntington National Bank ($4,252).

    The lowest rate Marquette lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.62%), Flagstar Bank, FSB (6.74%), IncredibleBank (6.75%), QUICKEN LOANS, LLC (6.79%) and Honor Credit Union (6.79%).

    Marquette, MI 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
    Range Bank $26,300,000 $26,245,000 -0.2% 14.8%
    IncredibleBank $21,490,000 $23,470,000 9.2% 13.2%
    Honor Credit Union $16,250,000 $18,855,000 16.0% 10.6%
    Nicolet National Bank $18,235,000 $16,100,000 -11.7% 9.1%
    QUICKEN LOANS, LLC $9,865,000 $11,615,000 17.7% 6.5%
    The Huntington National Bank $6,755,000 $9,665,000 43.1% 5.4%
    UNITED WHOLESALE MORTGAGE, LLC $6,535,000 $7,405,000 13.3% 4.2%
    Mortgage Research Center, LLC $5,310,000 $4,280,000 -19.4% 2.4%
    Peoples State Bank $4,195,000 n/a 2.4%
    Flagstar Bank, FSB $5,335,000 $4,125,000 -22.7% 2.3%
    MICHIGAN MUTUAL, INC. $3,520,000 $3,575,000 1.6% 2.0%
    Paramount Residential Mortgage Group, Inc. $590,000 $2,910,000 393.2% 1.6%
    TEMPLE VIEW CAPITAL FUNDING, LP $1,975,000 n/a 1.1%
    USAA Federal Savings Bank $2,130,000 $1,860,000 -12.7% 1.0%
    NAVY FEDERAL CREDIT UNION $975,000 $1,540,000 57.9% 0.9%
    LAKE MICHIGAN CREDIT UNION $1,900,000 $1,495,000 -21.3% 0.8%
    NEWREZ LLC $875,000 $1,385,000 58.3% 0.8%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $945,000 $1,060,000 12.2% 0.6%
    MAYO EMPLOYEES FEDERAL CREDIT UNION $1,015,000 n/a 0.6%
    The Federal Savings Bank $925,000 n/a 0.5%
    The Dart Bank $165,000 $820,000 397.0% 0.5%
    U.S. Bank $490,000 $805,000 64.3% 0.5%
    Bank of America $790,000 n/a 0.4%
    FREEDOM MORTGAGE CORPORATION $815,000 $790,000 -3.1% 0.4%
    LOANDEPOT.COM, LLC $710,000 $780,000 9.9% 0.4%
    AMERITRUST MORTGAGE CORPORATION $775,000 n/a 0.4%
    GUARANTEED RATE, INC. $440,000 $760,000 72.7% 0.4%
    CREDIT UNION ONE $810,000 $755,000 -6.8% 0.4%
    PENNYMAC LOAN SERVICES, LLC $1,505,000 $735,000 -51.2% 0.4%
    Ally Bank $725,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $615,000 $695,000 13.0% 0.4%
    Mercantile Bank of Michigan $135,000 $690,000 411.1% 0.4%
    ChoiceOne Bank $95,000 $645,000 578.9% 0.4%
    Armed Forces Bank $285,000 $635,000 122.8% 0.4%
    Prosperity Home Mortgage, LLC $630,000 n/a 0.4%
    CoVantage Credit Union $260,000 $575,000 121.2% 0.3%
    MORTGAGE CENTER L.C $565,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $1,120,000 $555,000 -50.4% 0.3%
    GreenStone Farm Credit Services, FLCA $350,000 $540,000 54.3% 0.3%
    NEW DAY FINANCIAL, LLC $145,000 $535,000 269.0% 0.3%
    CMG MORTGAGE, INC. $155,000 $500,000 222.6% 0.3%
    First Merchants Bank $700,000 $495,000 -29.3% 0.3%
    Magnolia Bank $485,000 n/a 0.3%
    1st Source Bank $465,000 n/a 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $270,000 $445,000 64.8% 0.3%
    Sunflower Bank $445,000 n/a 0.3%
    JPMorgan Chase Bank $1,160,000 $420,000 -63.8% 0.2%
    T2 FINANCIAL LLC $420,000 n/a 0.2%
    Independent Bank $375,000 $395,000 5.3% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $390,000 n/a 0.2%
    Heritage Bank $385,000 n/a 0.2%
    Hiawatha National Bank $385,000 n/a 0.2%
    American Mortgage & Equity Consultants, Inc. $375,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $425,000 $375,000 -11.8% 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $355,000 n/a 0.2%
    Equity Prime Mortgage LLC $115,000 $350,000 204.3% 0.2%
    Discover Bank $345,000 $340,000 -1.4% 0.2%
    Figure Lending LLC $285,000 $335,000 17.5% 0.2%
    Residential Mortgage Solutions, Inc. $335,000 n/a 0.2%
    UNION HOME MORTGAGE CORP. $75,000 $325,000 333.3% 0.2%
    UBS Bank USA $315,000 n/a 0.2%
    NBKC BANK $310,000 n/a 0.2%
    CONSUMERS $1,265,000 $305,000 -75.9% 0.2%
    Isabella Bank $305,000 n/a 0.2%
    LONGBRIDGE FINANCIAL, LLC $305,000 n/a 0.2%
    THOMPSON KANE & COMPANY, LLC $305,000 n/a 0.2%
    Wells Fargo Bank $2,270,000 $290,000 -87.2% 0.2%
    Citizens Bank $455,000 $275,000 -39.6% 0.2%
    GUARANTEED RATE AFFINITY, LLC $275,000 n/a 0.2%
    Old National Bank $275,000 n/a 0.2%
    PCM $55,000 $275,000 400.0% 0.2%
    RUOFF MORTGAGE COMPANY, INC. $275,000 n/a 0.2%
    Preston Home Loans Inc $270,000 n/a 0.2%
    MILEND, INC. $265,000 n/a 0.1%
    Northpointe Bank $265,000 n/a 0.1%
    POINT Mortgage $265,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $260,000 n/a 0.1%
    Johnson Bank $255,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $165,000 $255,000 54.5% 0.1%
    GUIDANCE RESIDENTIAL, LLC $235,000 $245,000 4.3% 0.1%
    SUMMIT HOME MORTGAGE, LLC $240,000 n/a 0.1%
    FIRST COMMUNITY MORTGAGE, INC. $225,000 n/a 0.1%
    UNITED HOME LOANS, INC. $225,000 n/a 0.1%
    Cleveland State Bank $215,000 $215,000 0.0% 0.1%
    MICHIGAN FIRST CREDIT UNION $205,000 n/a 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $105,000 $205,000 95.2% 0.1%
    OceanFirst Bank $195,000 n/a 0.1%
    Carrington Mortgage Services, LLC $190,000 n/a 0.1%
    DOW CHEMICAL EMPLOYEES' $185,000 n/a 0.1%
    MYCUMORTGAGE, LLC $185,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $155,000 $175,000 12.9% 0.1%
    ROYAL UNITED MORTGAGE LLC $105,000 $175,000 66.7% 0.1%
    Associated Bank $25,000 $165,000 560.0% 0.1%
    CHURCHILL MORTGAGE CORPORATION $175,000 $165,000 -5.7% 0.1%
    First Federal Bank of the Midwest $165,000 n/a 0.1%
    PLANET HOME LENDING, LLC $165,000 n/a 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $245,000 $165,000 -32.7% 0.1%
    Summit Credit Union $165,000 n/a 0.1%
    Texana Bank $165,000 n/a 0.1%
    Bethpage Federal Credit Union $155,000 n/a 0.1%
    PNC Bank $565,000 $155,000 -72.6% 0.1%
    Home State Bank $135,000 n/a 0.1%
    AMERISAVE MORTGAGE CORPORATION $680,000 $130,000 -80.9% 0.1%
    CIBM Bank $155,000 $125,000 -19.4% 0.1%
    21ST MORTGAGE CORPORATION $145,000 $115,000 -20.7% 0.1%
    LAFCU $105,000 n/a 0.1%
    STAUNTON FINANCIAL, INC. $85,000 $105,000 23.5% 0.1%
    The Loan Store, Inc. $100,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $250,000 $95,000 -62.0% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $95,000 n/a 0.1%
    Coastal Community Bank $100,000 $85,000 -15.0% 0.0%
    National Bank of Commerce $75,000 n/a 0.0%
    VIBE CREDIT UNION $75,000 n/a 0.0%
    Third Federal Savings and Loan Association of Cleveland $55,000 n/a 0.0%
    Merchants Bank $355,000 $45,000 -87.3% 0.0%
    Connexus Credit Union $35,000 n/a 0.0%
    MICHIGAN SCHOOLS AND GOVERNMENT $15,000 n/a 0.0%

    Marquette's top lender by overall market share is Range Bank, with 14.8% market share. In second place, with 13.2%, is IncredibleBank, having originated $23,470,000 in loans. In third place, with 10.6%, is Honor Credit Union, having originated $18,855,000 in loans. In fourth place, with 9.1%, is Nicolet National Bank, having originated $16,100,000 in loans. In fifth place, with 6.5%, is QUICKEN LOANS, LLC, having originated $11,615,000 in loans.

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

    Realtor.com - Marquette (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 $164,950 (10.2%) $410,011 (73.0%) 0.00 332
    2018-02-01 $172,300 (11.2%) $439,788 (83.1%) 0.00 304
    2018-03-01 $174,900 (9.4%) $444,862 (84.1%) 0.00 306
    2018-04-01 $179,350 (5.6%) $442,984 (69.1%) 0.00 312
    2018-05-01 $189,000 (11.2%) $435,615 (70.7%) 0.00 337
    2018-06-01 $184,700 (9.1%) $392,259 (56.6%) 0.00 389
    2018-07-01 $189,700 (11.7%) $381,605 (50.4%) 0.00 417
    2018-08-01 $189,900 (11.7%) $360,350 (43.2%) 0.00 431
    2018-09-01 $181,000 (11.7%) $384,725 (32.2%) 0.00 445
    2018-10-01 $184,900 (15.6%) $390,744 (25.3%) 0.00 421
    2018-11-01 $179,900 (12.9%) $400,366 (12.9%) 0.00 389
    2018-12-01 $189,700 (18.6%) $424,558 (13.8%) 0.00 340
    2019-01-01 $189,250 (14.7%) $454,992 (11.0%) 0.00 286
    2019-02-01 $187,250 (8.7%) $470,302 (6.9%) 0.00 273
    2019-03-01 $198,243 (13.4%) $425,936 (-4.3%) 0.00 262
    2019-04-01 $209,950 (17.1%) $359,192 (-18.9%) 0.00 255
    2019-05-01 $209,500 (10.9%) $352,392 (-19.1%) 0.00 271
    2019-06-01 $210,000 (13.7%) $326,032 (-16.9%) 0.00 336
    2019-07-01 $196,925 (3.8%) $307,334 (-19.5%) 0.00 364
    2019-08-01 $189,814 (-0.1%) $301,322 (-16.4%) 0.00 375
    2019-09-01 $187,359 (3.5%) $295,022 (-23.3%) 0.00 383
    2019-10-01 $185,723 (0.4%) $288,390 (-26.2%) 0.00 389
    2019-11-01 $178,900 (-0.6%) $254,947 (-36.3%) 0.00 350
    2019-12-01 $179,900 (-5.2%) $265,234 (-37.5%) 0.00 297
    2020-01-01 $177,600 (-6.2%) $262,320 (-42.4%) 0.00 240
    2020-02-01 $189,900 (1.4%) $307,992 (-34.5%) 0.00 221
    2020-03-01 $190,450 (-3.9%) $325,624 (-23.6%) 0.00 204
    2020-04-01 $209,400 (-0.3%) $330,967 (-7.9%) 0.00 202
    2020-05-01 $213,500 (1.9%) $323,044 (-8.3%) 0.00 207
    2020-06-01 $199,900 (-4.8%) $365,955 (12.3%) 0.00 214
    2020-07-01 $223,700 (13.6%) $379,594 (23.5%) 0.00 209
    2020-08-01 $214,000 (12.7%) $345,192 (14.6%) 0.00 198
    2020-09-01 $201,950 (7.8%) $356,967 (21.0%) 0.00 182
    2020-10-01 $189,700 (2.1%) $361,391 (25.3%) 0.00 167
    2020-11-01 $183,700 (2.7%) $333,591 (30.9%) 0.00 152
    2020-12-01 $185,450 (3.1%) $337,338 (27.2%) 0.00 132
    2021-01-01 $189,500 (6.7%) $360,236 (37.3%) 0.00 110
    2021-02-01 $214,000 (12.7%) $426,282 (38.4%) 0.00 88
    2021-03-01 $222,200 (16.7%) $409,479 (25.8%) 0.00 104
    2021-04-01 $233,625 (11.6%) $448,254 (35.4%) 0.00 97
    2021-05-01 $249,900 (17.1%) $425,390 (31.7%) 0.00 121
    2021-06-01 $249,450 (24.8%) $417,224 (14.0%) 0.00 135
    2021-07-01 $250,000 (11.8%) $419,166 (10.4%) 0.00 134
    2021-08-01 $256,250 (19.7%) $441,262 (27.8%) 0.00 129
    2021-09-01 $292,175 (44.7%) $447,700 (25.4%) 0.00 116
    2021-10-01 $250,000 (31.8%) $451,875 (25.0%) 0.00 101
    2021-11-01 $221,175 (20.4%) $464,758 (39.3%) 0.00 77
    2021-12-01 $183,700 (-0.9%) $429,432 (27.3%) 0.00 74
    2022-01-01 $188,500 (-0.5%) $464,400 (28.9%) 0.00 61
    2022-02-01 $229,725 (7.4%) $500,450 (17.4%) 0.00 59
    2022-03-01 $265,000 (19.3%) $574,008 (40.2%) 0.00 45
    2022-04-01 $201,950 (-13.6%) $534,160 (19.2%) 0.00 49
    2022-05-01 $208,450 (-16.6%) $297,377 (-30.1%) 0.00 65
    2022-06-01 $239,900 (-3.8%) $373,476 (-10.5%) 0.00 89
    2022-07-01 $242,450 (-3.0%) $380,233 (-9.3%) 0.00 112
    2022-08-01 $254,200 (-0.8%) $394,928 (-10.5%) 0.00 124
    2022-09-01 $241,750 (-17.3%) $404,000 (-9.8%) 0.00 120
    2022-10-01 $249,999 (0.0%) $432,068 (-4.4%) 0.00 106
    2022-11-01 $265,000 (19.8%) $437,651 (-5.8%) 0.00 92
    2022-12-01 $272,500 (48.3%) $445,368 (3.7%) 0.00 74
    2023-01-01 $255,750 (35.7%) $450,665 (-3.0%) 0.00 69
    2023-02-01 $264,000 (14.9%) $480,578 (-4.0%) 0.00 52
    2023-03-01 $316,475 (19.4%) $507,234 (-11.6%) 0.00 46
    2023-04-01 $294,500 (45.8%) $525,809 (-1.6%) 0.00 47
    2023-05-01 $294,725 (41.4%) $464,109 (56.1%) 0.00 69
    2023-06-01 $332,400 (38.6%) $449,910 (20.5%) 0.00 80
    2023-07-01 $326,950 (34.9%) $455,785 (19.9%) 0.00 111
    2023-08-01 $299,675 (17.9%) $452,337 (14.5%) 0.00 121
    2023-09-01 $304,900 (26.1%) $442,218 (9.5%) 0.00 124
    2023-10-01 $332,450 (33.0%) $446,284 (3.3%) 0.00 120
    2023-11-01 $336,000 (26.8%) $458,605 (4.8%) 0.00 107
    2023-12-01 $364,950 (33.9%) $488,693 (9.7%) 0.00 91
    2024-01-01 $328,000 (28.3%) $461,550 (2.4%) 0.00 74
    2024-02-01 $332,425 (25.9%) $460,532 (-4.2%) 0.00 74
    2024-03-01 $329,900 (4.2%) $477,401 (-5.9%) 0.00 77
    2024-04-01 $330,475 (12.2%) $480,799 (-8.6%) 0.00 87
    2024-05-01 $343,250 (16.5%) $494,561 (6.6%) 0.00 100
    2024-06-01 $375,000 (12.8%) $521,560 (15.9%) 0.00 103
    2024-07-01 $349,000 (6.7%) $495,731 (8.8%) 0.00 107
    2024-08-01 $299,450 (-0.1%) $445,262 (-1.6%) 0.00 122
    2024-09-01 $294,450 (-3.4%) $434,606 (-1.7%) 0.00 114
    2024-10-01 $306,975 (-7.7%) $487,030 (9.1%) 0.00 115
    2024-11-01 $310,000 (-7.7%) $488,713 (6.6%) 0.00 110
    2024-12-01 $328,500 (-10.0%) $481,981 (-1.4%) 0.00 104
    2025-01-01 $344,975 (5.2%) $482,477 (4.5%) 0.00 88
    2025-02-01 $374,925 (12.8%) $503,764 (9.4%) 0.00 80
    2025-03-01 $364,950 (10.6%) $486,226 (1.9%) 0.00 74
    2025-04-01 $379,450 (14.8%) $513,772 (6.9%) 0.00 71
    Marquette's median listing price for 2025-04-01 was $379,450, a difference of $48,975 (14.8%) versus the prior year and $14,500 versus the prior month.

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

    Marquette's average listing price for 2025-04-01 was $513,772, a difference of $32,973 (6.9%) versus the prior year and $27,546 versus the prior month.

    For the 2025-04-01 period, Marquette had 71 MLS listings, a difference of -3 listings (-4%) versus the prior month and -16 listings (-18%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marquette (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,618 sqft
    2018-02-01 0 days 1,624 sqft
    2018-03-01 0 days 1,603 sqft
    2018-04-01 0 days 1,607 sqft
    2018-05-01 0 days 1,586 sqft
    2018-06-01 0 days 1,540 sqft
    2018-07-01 0 days 1,538 sqft
    2018-08-01 0 days 1,556 sqft
    2018-09-01 0 days 1,544 sqft
    2018-10-01 0 days 1,541 sqft
    2018-11-01 0 days 1,515 sqft
    2018-12-01 0 days 1,512 sqft
    2019-01-01 0 days 1,494 sqft
    2019-02-01 0 days 1,493 sqft
    2019-03-01 0 days 1,495 sqft
    2019-04-01 0 days 1,516 sqft
    2019-05-01 0 days 1,533 sqft
    2019-06-01 0 days 1,580 sqft
    2019-07-01 0 days 1,562 sqft
    2019-08-01 0 days 1,569 sqft
    2019-09-01 0 days 1,582 sqft
    2019-10-01 0 days 1,591 sqft
    2019-11-01 0 days 1,552 sqft
    2019-12-01 0 days 1,566 sqft
    2020-01-01 0 days 1,555 sqft
    2020-02-01 0 days 1,564 sqft
    2020-03-01 0 days 1,528 sqft
    2020-04-01 0 days 1,516 sqft
    2020-05-01 0 days 1,520 sqft
    2020-06-01 0 days 1,484 sqft
    2020-07-01 0 days 1,532 sqft
    2020-08-01 0 days 1,494 sqft
    2020-09-01 0 days 1,465 sqft
    2020-10-01 0 days 1,435 sqft
    2020-11-01 0 days 1,354 sqft
    2020-12-01 0 days 1,348 sqft
    2021-01-01 0 days 1,430 sqft
    2021-02-01 0 days 1,526 sqft
    2021-03-01 0 days 1,560 sqft
    2021-04-01 0 days 1,560 sqft
    2021-05-01 0 days 1,560 sqft
    2021-06-01 0 days 1,560 sqft
    2021-07-01 0 days 1,560 sqft
    2021-08-01 0 days 1,560 sqft
    2021-09-01 0 days 1,560 sqft
    2021-10-01 0 days 1,555 sqft
    2021-11-01 0 days 1,531 sqft
    2021-12-01 0 days 1,314 sqft
    2022-01-01 0 days 1,316 sqft
    2022-02-01 0 days 1,496 sqft
    2022-03-01 0 days 1,389 sqft
    2022-04-01 0 days 1,352 sqft
    2022-05-01 0 days 1,387 sqft
    2022-06-01 0 days 1,555 sqft
    2022-07-01 0 days 1,491 sqft
    2022-08-01 0 days 1,599 sqft
    2022-09-01 0 days 1,471 sqft
    2022-10-01 0 days 1,359 sqft
    2022-11-01 0 days 1,433 sqft
    2022-12-01 0 days 1,350 sqft
    2023-01-01 0 days 1,279 sqft
    2023-02-01 0 days 1,274 sqft
    2023-03-01 0 days 1,414 sqft
    2023-04-01 0 days 1,597 sqft
    2023-05-01 0 days 1,592 sqft
    2023-06-01 0 days 1,503 sqft
    2023-07-01 0 days 1,339 sqft
    2023-08-01 0 days 1,349 sqft
    2023-09-01 0 days 1,430 sqft
    2023-10-01 0 days 1,409 sqft
    2023-11-01 0 days 1,362 sqft
    2023-12-01 0 days 1,527 sqft
    2024-01-01 0 days 1,312 sqft
    2024-02-01 0 days 1,513 sqft
    2024-03-01 0 days 1,584 sqft
    2024-04-01 0 days 1,619 sqft
    2024-05-01 0 days 1,692 sqft
    2024-06-01 0 days 1,678 sqft
    2024-07-01 0 days 1,680 sqft
    2024-08-01 0 days 1,674 sqft
    2024-09-01 0 days 1,740 sqft
    2024-10-01 0 days 1,795 sqft
    2024-11-01 0 days 1,785 sqft
    2024-12-01 0 days 1,771 sqft
    2025-01-01 0 days 1,705 sqft
    2025-02-01 0 days 1,722 sqft
    2025-03-01 0 days 1,696 sqft
    2025-04-01 0 days 1,654 sqft
    Marquette's median listing age (time on market) for 2025-04-01 was 0 days.

    Marquette's median square footage for active listings during the 2025-04-01 period was 1,654 sqft. One year prior, the average listing was 1,619 sqft.

    Marquette, MI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 484 $119,360,000 $246,612
    Cash Out Refi 124 $19,740,000 $159,194
    Home Improvement 118 $8,210,000 $69,576
    Other 108 $7,610,000 $70,463
    Refi 103 $22,455,000 $218,010

    Marquette's most frequently cited loan purpose was Home Purchase, with 484 originations. The 2nd most popular reason was Cash Out Refi, with 124 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 302 $67,790,000 $224,470
    Over 8% 209 $16,235,000 $77,679
    7-8% 184 $43,400,000 $235,870
    5-6% 87 $21,765,000 $250,172
    <2.5% 3 $25,000 $8,333
    4-5% 3 $625,000 $208,333

    During 2024, Marquette's most frequently originated rate bucket was 6-7%, with 302 originations.

    Loan Sizing (Marquette, MI MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 299 $15,625,000 $52,258
    $100k-200k 292 $43,570,000 $149,212
    $200k-400k 272 $73,390,000 $269,816
    $400k-600k 54 $25,550,000 $473,148
    $600k-1000k 16 $11,530,000 $720,625
    $Over $1MM 4 $7,710,000 $1,927,500

    Marquette's loan sizing saw the bucket of loans from $100,000 or less with 299 originations, totaling $15,625,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 282 $67,630,000 $239,823
    60-80% 178 $47,060,000 $264,382
    Under 20% 115 $4,765,000 $41,435
    20-40% 102 $9,940,000 $97,451
    40-60% 94 $16,190,000 $172,234
    Over 100% 9 $2,945,000 $327,222

    Marquette's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 282 originations, totaling $67,630,000 in origination value.