Marshalltown 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 Marshalltown averaged 6.43% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

    The average rate for the prior week (2023-03-16) was 6.71% and one month ago for the week of 2023-02-16, the average rate was 6.33%.

    Marshalltown's average rate one year ago was 3.69%.

    For refis of the same type during the week of 2023-03-23, the average rate was 6.52%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-23 6.42%
    Marshalltown 30 Year Fixed Rate 2023-03-23 6.43%
    Marshalltown 30 Year Fixed Rate Refi 2023-03-23 6.52%
    Marshalltown 15 Year Fixed Rate 2023-03-23 6.01%
    Marshalltown 15 Year Fixed Rate Refi 2023-03-23 6.16%
    Marshalltown 30 Year FHA 2023-03-23 6.29%
    Marshalltown 30 Year FHA Refi 2023-03-23 5.89%
    Marshalltown 30 Year USDA 2023-03-23 6.31%
    Marshalltown 30 Year VA 2023-03-23 6.24%
    Marshalltown 30 Year VA Refi 2023-03-23 5.83%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Marshalltown, IA.

    Marshalltown 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 Marshalltown, IA 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
    IOWA BANKERS MORTGAGE CORPORATION 44 4.71% $2,537
    GUARANTEED RATE, INC. 26 5.12% $3,798
    GREENSTATE CREDIT UNION 18 4.62% $2,015
    VERIDIAN CREDIT UNION 13 4.56% $1,651
    QUICKEN LOANS, LLC 13 4.63% $5,918
    MEMBERS1st Community Credit Union 11 4.32% $3,651
    Wells Fargo Bank 10 5.56% $2,553
    U.S. Bank 9 5.24% $2,639
    First Interstate Bank 8 5.09% $3,381
    MidWestOne Bank 6 4.35% $2,814
    Flagstar Bank, FSB 5 5.49% $2,947
    AMERICAN PACIFIC MORTGAGE CORPORATION 5 5.53% $3,550
    MOVEMENT MORTGAGE, LLC 4 5.00% $3,561
    Lincoln Savings Bank 3 4.14% $3,405
    LOANDEPOT.COM, LLC 3 5.91% $5,535
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 5.62% $1,875
    Mortgage Research Center, LLC 3 6.08% $4,434
    Northwest Bank 2 4.81% $3,579
    AMERICAN FINANCING CORPORATION 2 4.87% $5,206
    AMERISAVE MORTGAGE CORPORATION 2 5.99% $5,129
    BROKER SOLUTIONS, INC. 2 5.13% $4,333
    COMPASS MORTGAGE, INC. 2 5.37% $3,848
    Deere Employees Credit Union 2 4.19% $3,093
    DUPACO COMMUNITY 2 3.50% $3,057
    Fidelity Bank 2 4.63% $3,564
    I. H. MISSISSIPPI VALLEY CREDIT UNION 2 3.88% $1,452
    INLANTA MORTGAGE, INC. 2 5.44% $3,581
    JPMorgan Chase Bank 2 5.38% $5,285
    Premier Credit Union 2 4.88% $5,320
    RESIDENTIAL MORTGAGE NETWORK, INC. 2 4.56% $2,402
    Farmers State Bank 1 8.38% $1,869
    Farm Credit Mid-America, ACA 1 4.35% $4,300
    GUILD MORTGAGE COMPANY 1 6.50% $2,210
    Home Federal Savings Bank 1 5.50% $3,147
    HOMESIDE FINANCIAL, LLC 1 5.38% $4,400
    USAA Federal Savings Bank 1 5.50% $3,115
    Bank of the West 1 4.00% $3,165
    EMBRACE HOME LOANS, INC. 1 5.99% $6,936
    Ixonia Bank 1 5.63% $3,081
    Bankers Trust Company 1 3.38% $2,055
    LAKEVIEW LOAN SERVICING, LLC 1 5.75% $3,794
    DRAPER AND KRAMER MORTGAGE CORP. 1 6.50% $4,502
    DAS Acquisition Company, LLC 1 3.99% $3,062
    COMMUNITY 1ST CREDIT UNION 1 4.00% $2,464
    Carrington Mortgage Services, LLC 1 3.88% $4,789
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 5.75% $2,697
    Morton Community Bank 1 3.88% $2,409
    Capitol Federal Savings Bank 1 4.88% $3,141
    Ally Bank 1 4.00% $3,489
    PENNYMAC LOAN SERVICES, LLC 1 5.50% $3,049
    PLANET HOME LENDING, LLC 1 3.38% $3,113
    V.I.P. MORTGAGE, INC. 1 7.00% $2,555
    BMO Harris Bank 1 5.63% $3,099
    AmeriHome Mortgage Company, LLC 1 4.88% $6,397
    ROYAL UNITED MORTGAGE LLC 1 5.25% $5,100
    RUOFF MORTGAGE COMPANY, INC. 1 4.25% $3,970
    The Central Trust Bank 1 4.99% $3,780
    UNITED WHOLESALE MORTGAGE, LLC 1 5.50% $6,935
    FRONTIER FINANCIAL, INC. 1 5.88% $2,288
    Gateway First Bank 1 2.75% $5,249
    GERSHMAN INVESTMENT CORP. 1 6.38% $2,998
    GREATER IOWA CREDIT UNION 1 5.50% $2,137
    Great Southern Bank 1 6.38% $2,861

    Marshalltown Average Closing Costs & Other Stats

    Marshalltown, IA's 63 lenders originated 671 loans during 2022. The total origination value was $112,985,000, with an average loan value of $168,383.

    Marshalltown's average closing costs are $3,598.

    The top Marshalltown lender as defined by loan originations is IOWA BANKERS MORTGAGE CORPORATION, with 44 loans originated. Their average total fees are $2,537, which is $1,261 lower than the next largest lender, GUARANTEED RATE, INC..

    The lowest fee Marshalltown lenders (with over 10 loans originated) are VERIDIAN CREDIT UNION ($1,651), GREENSTATE CREDIT UNION ($2,015), IOWA BANKERS MORTGAGE CORPORATION ($2,537), Wells Fargo Bank ($2,553) and MEMBERS1st Community Credit Union ($3,651).

    The lowest rate Marshalltown lenders (with over 10 loans originated) are MEMBERS1st Community Credit Union (4.32%), VERIDIAN CREDIT UNION (4.56%), GREENSTATE CREDIT UNION (4.62%), QUICKEN LOANS, LLC (4.63%) and IOWA BANKERS MORTGAGE CORPORATION (4.71%).

    Marshalltown, IA 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
    IOWA BANKERS MORTGAGE CORPORATION $19,040,000 $9,720,000 -48.9% 8.6%
    GUARANTEED RATE, INC. $22,165,000 $9,495,000 -57.2% 8.4%
    VisionBank of Iowa $155,000 $7,825,000 4,948.4% 6.9%
    Capital One $6,355,000 n/a 5.6%
    First National Bank, Ames, Iowa $6,275,000 n/a 5.6%
    QUICKEN LOANS, LLC $10,965,000 $6,070,000 -44.6% 5.4%
    NORTHMARQ CAPITAL FINANCE, L.L.C. $4,015,000 n/a 3.6%
    MEMBERS1st Community Credit Union $4,725,000 $3,735,000 -21.0% 3.3%
    GNB Bank $2,215,000 $3,730,000 68.4% 3.3%
    GREENSTATE CREDIT UNION $6,380,000 $3,365,000 -47.3% 3.0%
    Wells Fargo Bank $7,235,000 $3,120,000 -56.9% 2.8%
    VERIDIAN CREDIT UNION $4,615,000 $3,110,000 -32.6% 2.8%
    MidWestOne Bank $3,425,000 $2,650,000 -22.6% 2.3%
    U.S. Bank $5,395,000 $2,385,000 -55.8% 2.1%
    First Interstate Bank $2,030,000 n/a 1.8%
    AMERICAN PACIFIC MORTGAGE CORPORATION $875,000 $1,855,000 112.0% 1.6%
    Mortgage Research Center, LLC $2,200,000 $1,770,000 -19.5% 1.6%
    WaterStone Bank, SSB $1,675,000 n/a 1.5%
    MOVEMENT MORTGAGE, LLC $1,835,000 $1,605,000 -12.5% 1.4%
    Lincoln Savings Bank $1,885,000 $1,580,000 -16.2% 1.4%
    WALKER & DUNLOP, LLC $1,565,000 n/a 1.4%
    Flagstar Bank, FSB $570,000 $1,440,000 152.6% 1.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $465,000 $1,240,000 166.7% 1.1%
    Availa Bank $1,170,000 n/a 1.0%
    Deere Employees Credit Union $490,000 $1,045,000 113.3% 0.9%
    DUPACO COMMUNITY $65,000 $925,000 1,323.1% 0.8%
    Community First National Bank $755,000 n/a 0.7%
    I. H. MISSISSIPPI VALLEY CREDIT UNION $690,000 n/a 0.6%
    GERSHMAN INVESTMENT CORP. $1,085,000 $675,000 -37.8% 0.6%
    Great Southern Bank $670,000 n/a 0.6%
    OPEN MORTGAGE, LLC $260,000 $635,000 144.2% 0.6%
    Fidelity Bank $600,000 n/a 0.5%
    Home Federal Savings Bank $2,150,000 $595,000 -72.3% 0.5%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $425,000 $575,000 35.3% 0.5%
    INLANTA MORTGAGE, INC. $1,645,000 $565,000 -65.7% 0.5%
    JPMorgan Chase Bank $150,000 $555,000 270.0% 0.5%
    LAND HOME FINANCIAL SERVICES, INC. $535,000 $525,000 -1.9% 0.5%
    Northwest Bank $420,000 $525,000 25.0% 0.5%
    HOMESTEAD FUNDING CORP. $455,000 n/a 0.4%
    LOANDEPOT.COM, LLC $1,110,000 $450,000 -59.5% 0.4%
    RESIDENTIAL MORTGAGE NETWORK, INC. $155,000 $440,000 183.9% 0.4%
    Capitol Federal Savings Bank $405,000 n/a 0.4%
    Ally Bank $145,000 $400,000 175.9% 0.4%
    BROKER SOLUTIONS, INC. $345,000 $400,000 15.9% 0.4%
    EMBRACE HOME LOANS, INC. $490,000 $390,000 -20.4% 0.3%
    The Central Trust Bank $175,000 $390,000 122.9% 0.3%
    PENNYMAC LOAN SERVICES, LLC $440,000 $385,000 -12.5% 0.3%
    Community Choice Credit Union $665,000 $380,000 -42.9% 0.3%
    AMERISAVE MORTGAGE CORPORATION $1,025,000 $370,000 -63.9% 0.3%
    UNITED WHOLESALE MORTGAGE, LLC $525,000 $370,000 -29.5% 0.3%
    HOMESIDE FINANCIAL, LLC $280,000 $360,000 28.6% 0.3%
    GUILD MORTGAGE COMPANY $1,470,000 $335,000 -77.2% 0.3%
    USAA Federal Savings Bank $260,000 $335,000 28.8% 0.3%
    COMPASS MORTGAGE, INC. $380,000 $330,000 -13.2% 0.3%
    ALLIANT $25,000 $320,000 1,180.0% 0.3%
    Carrington Mortgage Services, LLC $290,000 $290,000 0.0% 0.3%
    Premier Credit Union $290,000 n/a 0.3%
    State Bank Financial $285,000 n/a 0.3%
    AMERICAN FINANCING CORPORATION $665,000 $260,000 -60.9% 0.2%
    Bankers Trust Company $425,000 $260,000 -38.8% 0.2%
    HOME POINT FINANCIAL CORPORATION $1,180,000 $245,000 -79.2% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $740,000 $245,000 -66.9% 0.2%
    Bank Iowa $730,000 $240,000 -67.1% 0.2%
    Barrington Bank & Trust Company, N.A. $2,980,000 $230,000 -92.3% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $225,000 n/a 0.2%
    PLANET HOME LENDING, LLC $225,000 n/a 0.2%
    FRONTIER FINANCIAL, INC. $220,000 n/a 0.2%
    BMO Harris Bank $215,000 n/a 0.2%
    FLAT BRANCH MORTGAGE, INC. $215,000 n/a 0.2%
    Fifth Third Bank $205,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $220,000 $200,000 -9.1% 0.2%
    RUOFF MORTGAGE COMPANY, INC. $200,000 n/a 0.2%
    First Federal Bank $195,000 n/a 0.2%
    RIVER VALLEY CREDIT UNION $25,000 $180,000 620.0% 0.2%
    GREATER IOWA CREDIT UNION $465,000 $175,000 -62.4% 0.2%
    MARINE $170,000 $175,000 2.9% 0.2%
    COMMUNITY 1ST CREDIT UNION $240,000 $170,000 -29.2% 0.2%
    AmeriHome Mortgage Company, LLC $175,000 $165,000 -5.7% 0.1%
    DAS Acquisition Company, LLC $235,000 $155,000 -34.0% 0.1%
    Farmers State Bank $115,000 $155,000 34.8% 0.1%
    DRAPER AND KRAMER MORTGAGE CORP. $145,000 n/a 0.1%
    Two Rivers Bank & Trust $85,000 $145,000 70.6% 0.1%
    ROYAL UNITED MORTGAGE LLC $160,000 $140,000 -12.5% 0.1%
    Flanagan State Bank $135,000 n/a 0.1%
    PREMIA MORTGAGE, LLC $135,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $130,000 n/a 0.1%
    FREEDOM MORTGAGE CORPORATION $1,610,000 $125,000 -92.2% 0.1%
    Gateway First Bank $125,000 $125,000 0.0% 0.1%
    Ixonia Bank $845,000 $125,000 -85.2% 0.1%
    Bank of the West $130,000 $120,000 -7.7% 0.1%
    Green Belt Bank & Trust $215,000 $120,000 -44.2% 0.1%
    Equity Prime Mortgage LLC $115,000 n/a 0.1%
    FINANCE OF AMERICA MORTGAGE LLC $85,000 $115,000 35.3% 0.1%
    Morton Community Bank $115,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $440,000 $115,000 -73.9% 0.1%
    Contract Exchange Corporation $105,000 n/a 0.1%
    Great Western Bank $1,880,000 $105,000 -94.4% 0.1%
    PHH Mortgage Corporation $105,000 n/a 0.1%
    Farm Credit Mid-America, ACA $745,000 $95,000 -87.2% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $165,000 $95,000 -42.4% 0.1%
    V.I.P. MORTGAGE, INC. $95,000 n/a 0.1%
    Plains Commerce Bank $85,000 n/a 0.1%
    NAVY FEDERAL CREDIT UNION $655,000 $75,000 -88.5% 0.1%
    Collins Community Credit Union $225,000 $65,000 -71.1% 0.1%
    Truist $255,000 $65,000 -74.5% 0.1%
    Chartwell Financial, LLC $55,000 n/a 0.0%
    Peoples Bank $45,000 $45,000 0.0% 0.0%
    Luana Savings Bank $2,210,000 $40,000 -98.2% 0.0%
    Midwest Heritage Bank FSB $305,000 $35,000 -88.5% 0.0%
    AMERICAN ADVISORS GROUP $45,000 $15,000 -66.7% 0.0%

    Marshalltown's top lender by overall market share is IOWA BANKERS MORTGAGE CORPORATION, with 8.6% market share. In second place, with 8.4%, is GUARANTEED RATE, INC., having originated $9,495,000 in loans. In third place, with 6.9%, is VisionBank of Iowa, having originated $7,825,000 in loans. In fourth place, with 5.6%, is Capital One, having originated $6,355,000 in loans. In fifth place, with 5.6%, is First National Bank, Ames, Iowa, having originated $6,275,000 in loans.

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

    Realtor.com - Marshalltown (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 $84,975 (-29.1%) $121,172 (-10.1%) 0.00 83
    2018-02-01 $88,075 (-23.4%) $132,348 (3.3%) 0.00 73
    2018-03-01 $89,900 (-25.0%) $131,296 (2.4%) 0.00 74
    2018-04-01 $93,050 (-19.7%) $135,148 (-0.1%) 0.00 67
    2018-05-01 $100,925 (-9.2%) $137,568 (-6.3%) 0.00 70
    2018-06-01 $104,900 (-10.9%) $137,655 (-11.9%) 0.00 83
    2018-07-01 $124,900 (12.6%) $147,748 (-1.4%) 0.00 98
    2018-08-01 $124,900 (19.0%) $145,455 (-0.8%) 0.00 96
    2018-09-01 $133,900 (27.7%) $157,304 (8.8%) 0.00 84
    2018-10-01 $134,900 (30.0%) $156,213 (4.7%) 0.00 94
    2018-11-01 $131,150 (34.9%) $154,071 (9.2%) 0.00 100
    2018-12-01 $122,400 (36.2%) $147,909 (14.3%) 0.00 108
    2019-01-01 $119,900 (41.1%) $144,550 (19.3%) 0.00 96
    2019-02-01 $116,900 (32.7%) $139,445 (5.4%) 0.00 91
    2019-03-01 $114,900 (27.8%) $143,332 (9.2%) 0.00 80
    2019-04-01 $116,900 (25.6%) $148,489 (9.9%) 0.00 73
    2019-05-01 $127,500 (26.3%) $151,615 (10.2%) 0.00 71
    2019-06-01 $149,900 (42.9%) $162,962 (18.4%) 0.00 65
    2019-07-01 $136,150 (9.0%) $159,239 (7.8%) 0.00 62
    2019-08-01 $134,400 (7.6%) $160,363 (10.3%) 0.00 71
    2019-09-01 $141,150 (5.4%) $164,867 (4.8%) 0.00 79
    2019-10-01 $145,650 (8.0%) $167,869 (7.5%) 0.00 86
    2019-11-01 $137,400 (4.8%) $160,620 (4.3%) 0.00 90
    2019-12-01 $127,200 (3.9%) $148,659 (0.5%) 0.00 98
    2020-01-01 $129,900 (8.3%) $157,917 (9.3%) 0.00 89
    2020-02-01 $123,900 (6.0%) $158,496 (13.7%) 0.00 82
    2020-03-01 $129,900 (13.1%) $163,627 (14.2%) 0.00 78
    2020-04-01 $139,900 (19.7%) $173,608 (16.9%) 0.00 72
    2020-05-01 $144,800 (13.6%) $178,678 (17.9%) 0.00 57
    2020-06-01 $142,400 (-5.0%) $181,974 (11.7%) 0.00 58
    2020-07-01 $167,175 (22.8%) $195,735 (22.9%) 0.00 58
    2020-08-01 $143,700 (6.9%) $192,489 (20.0%) 0.00 59
    2020-09-01 $142,450 (0.9%) $175,303 (6.3%) 0.00 55
    2020-10-01 $139,900 (-4.0%) $172,764 (2.9%) 0.00 47
    2020-11-01 $131,150 (-4.6%) $173,499 (8.0%) 0.00 39
    2020-12-01 $121,150 (-4.8%) $165,126 (11.1%) 0.00 32
    2021-01-01 $119,900 (-7.7%) $149,447 (-5.4%) 0.00 35
    2021-02-01 $82,850 (-33.1%) $128,164 (-19.1%) 0.00 24
    2021-03-01 $72,400 (-44.3%) $140,818 (-13.9%) 0.00 24
    2021-04-01 $92,700 (-33.7%) $137,299 (-20.9%) 0.00 23
    2021-05-01 $99,900 (-31.0%) $147,891 (-17.2%) 0.00 35
    2021-06-01 $145,400 (2.1%) $179,696 (-1.3%) 0.00 35
    2021-07-01 $162,000 (-3.1%) $196,018 (0.1%) 0.00 35
    2021-08-01 $133,950 (-6.8%) $178,888 (-7.1%) 0.00 43
    2021-09-01 $139,925 (-1.8%) $178,853 (2.0%) 0.00 47
    2021-10-01 $129,900 (-7.2%) $170,084 (-1.6%) 0.00 44
    2021-11-01 $126,150 (-3.8%) $154,267 (-11.1%) 0.00 46
    2021-12-01 $107,500 (-11.3%) $140,013 (-15.2%) 0.00 40
    2022-01-01 $119,900 (0.0%) $141,835 (-5.1%) 0.00 35
    2022-02-01 $117,675 (42.0%) $154,243 (20.4%) 0.00 28
    2022-03-01 $103,675 (43.2%) $137,651 (-2.3%) 0.00 35
    2022-04-01 $110,000 (18.7%) $152,295 (10.9%) 0.00 31
    2022-05-01 $117,450 (17.6%) $175,976 (19.0%) 0.00 31
    2022-06-01 $131,925 (-9.3%) $187,082 (4.1%) 0.00 39
    2022-07-01 $145,000 (-10.5%) $190,322 (-2.9%) 0.00 53
    2022-08-01 $128,975 (-3.7%) $178,521 (-0.2%) 0.00 54
    2022-09-01 $145,500 (4.0%) $185,378 (3.7%) 0.00 51
    2022-10-01 $137,450 (5.8%) $186,038 (9.4%) 0.00 54
    2022-11-01 $182,175 (44.4%) $201,262 (30.5%) 0.00 52
    2022-12-01 $184,950 (72.1%) $195,936 (39.9%) 0.00 46
    2023-01-01 $174,900 (45.9%) $188,679 (33.0%) 0.00 43
    2023-02-01 $189,900 (61.4%) $206,779 (34.1%) 0.00 31
    Marshalltown's median listing price for 2023-02-01 was $189,900, a difference of $72,225 (61.4%) versus the prior year and $15,000 versus the prior month.

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

    Marshalltown's average listing price for 2023-02-01 was $206,779, a difference of $52,536 (34.1%) versus the prior year and $18,100 versus the prior month.

    For the 2023-02-01 period, Marshalltown had 31 MLS listings, a difference of -12 listings (-28%) versus the prior month and 3 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Marshalltown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,389 sqft
    2018-02-01 0 days 1,505 sqft
    2018-03-01 0 days 1,456 sqft
    2018-04-01 0 days 1,440 sqft
    2018-05-01 0 days 1,454 sqft
    2018-06-01 0 days 1,483 sqft
    2018-07-01 0 days 1,502 sqft
    2018-08-01 0 days 1,487 sqft
    2018-09-01 0 days 1,466 sqft
    2018-10-01 0 days 1,457 sqft
    2018-11-01 0 days 1,417 sqft
    2018-12-01 0 days 1,420 sqft
    2019-01-01 0 days 1,385 sqft
    2019-02-01 0 days 1,362 sqft
    2019-03-01 0 days 1,418 sqft
    2019-04-01 0 days 1,418 sqft
    2019-05-01 0 days 1,418 sqft
    2019-06-01 0 days 1,606 sqft
    2019-07-01 0 days 1,566 sqft
    2019-08-01 0 days 1,571 sqft
    2019-09-01 0 days 1,581 sqft
    2019-10-01 0 days 1,587 sqft
    2019-11-01 0 days 1,464 sqft
    2019-12-01 0 days 1,343 sqft
    2020-01-01 0 days 1,398 sqft
    2020-02-01 0 days 1,429 sqft
    2020-03-01 0 days 1,421 sqft
    2020-04-01 0 days 1,450 sqft
    2020-05-01 0 days 1,488 sqft
    2020-06-01 0 days 1,629 sqft
    2020-07-01 0 days 1,695 sqft
    2020-08-01 0 days 1,691 sqft
    2020-09-01 0 days 1,539 sqft
    2020-10-01 0 days 1,500 sqft
    2020-11-01 0 days 1,563 sqft
    2020-12-01 0 days 1,407 sqft
    2021-01-01 0 days 1,282 sqft
    2021-02-01 0 days 1,096 sqft
    2021-03-01 0 days 1,143 sqft
    2021-04-01 0 days 1,131 sqft
    2021-05-01 0 days 1,213 sqft
    2021-06-01 0 days 1,359 sqft
    2021-07-01 0 days 1,462 sqft
    2021-08-01 0 days 1,337 sqft
    2021-09-01 0 days 1,306 sqft
    2021-10-01 0 days 1,285 sqft
    2021-11-01 0 days 1,300 sqft
    2021-12-01 0 days 1,303 sqft
    2022-01-01 0 days 1,297 sqft
    2022-02-01 0 days 1,322 sqft
    2022-03-01 0 days 1,206 sqft
    2022-04-01 0 days 1,260 sqft
    2022-05-01 0 days 1,362 sqft
    2022-06-01 0 days 1,336 sqft
    2022-07-01 0 days 1,477 sqft
    2022-08-01 0 days 1,485 sqft
    2022-09-01 0 days 1,480 sqft
    2022-10-01 0 days 1,355 sqft
    2022-11-01 0 days 1,374 sqft
    2022-12-01 0 days 1,339 sqft
    2023-01-01 0 days 1,279 sqft
    2023-02-01 0 days 1,232 sqft
    Marshalltown's median listing age (time on market) for 2023-02-01 was 0 days.

    Marshalltown's median square footage for active listings during the 2023-02-01 period was 1,232 sqft. One year prior, the average listing was 1,322 sqft.

    Marshalltown, IA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 398 $67,660,000 $170,000
    Cash Out Refi 95 $12,325,000 $129,737
    Refi 92 $28,660,000 $311,522
    Home Improvement 49 $2,575,000 $52,551
    Other 37 $1,765,000 $47,703

    Marshalltown's most frequently cited loan purpose was Home Purchase, with 398 originations. The 2nd most popular reason was Cash Out Refi, with 95 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 162 $30,190,000 $186,358
    4-5% 148 $22,850,000 $154,392
    5-6% 140 $20,000,000 $142,857
    6-7% 79 $8,445,000 $106,899
    2.5-3% 40 $5,660,000 $141,500
    <2.5% 26 $2,520,000 $96,923
    7-8% 19 $1,615,000 $85,000
    Over 8% 12 $730,000 $60,833

    During 2022, Marshalltown's most frequently originated rate bucket was 3-4%, with 162 originations.

    Loan Sizing (Marshalltown, IA MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 292 $17,460,000 $59,795
    $100k-200k 274 $39,020,000 $142,409
    $200k-400k 89 $23,385,000 $262,753
    $Over $1MM 8 $29,080,000 $3,635,000
    $400k-600k 7 $3,285,000 $469,286
    $600k-1000k 1 $755,000 $755,000

    Marshalltown's loan sizing saw the bucket of loans from $100,000 or less with 292 originations, totaling $17,460,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 311 $48,285,000 $155,257
    60-80% 157 $38,555,000 $245,573
    40-60% 54 $5,040,000 $93,333
    Under 20% 53 $1,435,000 $27,075
    20-40% 48 $2,810,000 $58,542
    Over 100% 3 $675,000 $225,000

    Marshalltown's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 311 originations, totaling $48,285,000 in origination value.