Mason City Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Mason City averaged 6.45% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 6.77% and one month ago for the week of 2025-03-06, the average rate was 6.36%.

Mason City's average rate one year ago was 6.95%.

For refis of the same type during the week of 2025-04-10, the average rate was 7.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Mason City 30 Year Fixed Rate 2025-04-10 6.45%
Mason City 30 Year Fixed Rate Refi 2025-04-10 7.22%
Mason City 15 Year Fixed Rate 2025-04-10 5.92%
Mason City 15 Year Fixed Rate Refi 2025-04-10 6.52%
Mason City 30 Year FHA 2025-04-10 6.53%
Mason City 30 Year FHA Refi 2025-04-10 6.23%
Mason City 30 Year USDA 2025-04-10 6.45%
Mason City 30 Year USDA Refi 2025-04-10 6.55%
Mason City 30 Year VA 2025-04-10 6.09%
Mason City 30 Year VA Refi 2025-04-10 6.19%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mason City, IA.

Mason City 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 Mason City, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Wells Fargo Bank 30 6.45% $3,577
U.S. Bank 14 6.65% $2,947
QUICKEN LOANS, LLC 12 7.07% $5,570
Plains Commerce Bank 11 6.52% $2,933
IOWA BANKERS MORTGAGE CORPORATION 11 6.23% $2,903
VERIDIAN CREDIT UNION 10 5.86% $2,153
GREENSTATE CREDIT UNION 9 6.46% $2,158
UNION HOME MORTGAGE CORP. 9 6.78% $4,523
CARDINAL FINANCIAL 4 6.97% $7,774
Servion, Inc. 3 7.21% $4,740
Luana Savings Bank 3 6.08% $1,339
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.25% $3,921
GUARANTEED RATE, INC. 2 6.69% $3,125
Bank of America 2 7.13% $2,477
Premier Credit Union 2 6.06% $4,861
COMPEER FINANCIAL, FLCA 2 7.38% $3,474
NAVY FEDERAL CREDIT UNION 2 7.19% $1,583
ZILLOW HOME LOANS, LLC 2 7.13% $3,791
GUILD MORTGAGE COMPANY 1 6.88% $2,914
Hills Bank and Trust Company 1 5.88% $2,164
I. H. MISSISSIPPI VALLEY CREDIT UNION 1 6.13% $2,285
Johnson Bank 1 6.55% $3,120
LAND HOME FINANCIAL SERVICES, INC. 1 7.38% $4,071
MidWestOne Bank 1 7.25% $2,574
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.99% $11,937
NEWREZ LLC 1 6.50% $6,152
NexBank 1 7.50% $5,287
Northwest Bank 1 7.38% $5,467
Paramount Bank 1 7.00% $1,872
PNC Bank 1 7.25% $3,323
Regions Bank 1 7.13% $2,954
ROYAL UNITED MORTGAGE LLC 1 7.00% $6,281
The Huntington National Bank 1 7.00% $3,582
UNITED WHOLESALE MORTGAGE, LLC 1 6.63% $3,964
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.00% $10,233
West Gate Bank 1 6.50% $2,604
WINGS FINANCIAL 1 5.75% $3,128
USAA Federal Savings Bank 1 7.50% $3,713
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 8.13% $5,192
Bankers Trust Company 1 6.75% $2,951
Bank Iowa 1 7.38% $2,339
Barrington Bank & Trust Company, N.A. 1 5.88% $3,403
BELEM SERVICING LLC 1 6.25% $2,576
BROKER SOLUTIONS, INC. 1 6.88% $3,120
Cambria Financial Group, LLC 1 7.13% $4,491
Central National Bank 1 6.88% $2,609
Community Choice Credit Union 1 5.99% $2,469
CROSSCOUNTRY MORTGAGE, LLC 1 6.45% $3,560
Farm Credit Mid-America, ACA 1 7.25% $12,096
Farmers State Bank 1 6.25% $1,790
Fifth Third Bank 1 6.38% $4,805
First Dakota National Bank 1 6.88% $3,053
FRONTIER FINANCIAL, INC. 1 6.63% $4,543
GREATER IOWA CREDIT UNION 1 6.99% $1,818
GUARANTEED RATE AFFINITY, LLC 1 7.50% $7,942

Mason City Average Closing Costs & Other Stats

Mason City, IA's 55 lenders originated 491 loans during 2024. The total origination value was $82,375,000, with an average loan value of $167,770.

Mason City's average closing costs are $3,883.

The top Mason City lender as defined by loan originations is Wells Fargo Bank, with 30 loans originated. Their average total fees are $3,577, which is $630 higher than the next largest lender, U.S. Bank.

The lowest fee Mason City lenders (with over 10 loans originated) are VERIDIAN CREDIT UNION ($2,153), IOWA BANKERS MORTGAGE CORPORATION ($2,903), Plains Commerce Bank ($2,933), U.S. Bank ($2,947) and Wells Fargo Bank ($3,577).

The lowest rate Mason City lenders (with over 10 loans originated) are VERIDIAN CREDIT UNION (5.86%), IOWA BANKERS MORTGAGE CORPORATION (6.23%), Wells Fargo Bank (6.45%), Plains Commerce Bank (6.52%) and U.S. Bank (6.65%).

Mason City, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
QUICKEN LOANS, LLC $4,310,000 $5,740,000 33.2% 7.0%
Wells Fargo Bank $10,180,000 $5,665,000 -44.4% 6.9%
Manufacturers Bank & Trust Company $5,530,000 $4,945,000 -10.6% 6.0%
Plains Commerce Bank $5,780,000 $4,190,000 -27.5% 5.1%
VERIDIAN CREDIT UNION $1,530,000 $3,270,000 113.7% 4.0%
Mortgage Research Center, LLC $2,020,000 $3,230,000 59.9% 3.9%
U.S. Bank $2,525,000 $3,110,000 23.2% 3.8%
Ames National Corporation/Reliance State Bank $4,215,000 $2,880,000 -31.7% 3.5%
GREENSTATE CREDIT UNION $3,805,000 $2,840,000 -25.4% 3.4%
IOWA BANKERS MORTGAGE CORPORATION $2,190,000 $2,360,000 7.8% 2.9%
Northwest Bank $1,770,000 $1,975,000 11.6% 2.4%
Bankers Trust Company $405,000 $1,645,000 306.2% 2.0%
USAA Federal Savings Bank $125,000 $1,640,000 1,212.0% 2.0%
CARDINAL FINANCIAL $1,480,000 $1,495,000 1.0% 1.8%
Availa Bank $1,505,000 $1,395,000 -7.3% 1.7%
UNION HOME MORTGAGE CORP. $780,000 $1,325,000 69.9% 1.6%
NEW DAY FINANCIAL, LLC $260,000 $1,175,000 351.9% 1.4%
Luana Savings Bank $765,000 $1,145,000 49.7% 1.4%
Flanagan State Bank $480,000 $1,050,000 118.8% 1.3%
CROSSCOUNTRY MORTGAGE, LLC $135,000 $960,000 611.1% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,425,000 $960,000 -32.6% 1.2%
VILLAGE CAPITAL MORTGAGE $870,000 n/a 1.1%
BROKER SOLUTIONS, INC. $870,000 $860,000 -1.1% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $330,000 $855,000 159.1% 1.0%
First National Bank, Ames, Iowa $835,000 n/a 1.0%
LOANDEPOT.COM, LLC $835,000 $810,000 -3.0% 1.0%
Bank of America $410,000 $795,000 93.9% 1.0%
Servion, Inc. $545,000 $660,000 21.1% 0.8%
NAVY FEDERAL CREDIT UNION $735,000 $620,000 -15.6% 0.8%
West Gate Bank $615,000 n/a 0.7%
Farm Credit Mid-America, ACA $460,000 $585,000 27.2% 0.7%
Raccoon Valley Bank $585,000 n/a 0.7%
Farmers State Bank $105,000 $565,000 438.1% 0.7%
Regions Bank $555,000 n/a 0.7%
PENNYMAC LOAN SERVICES, LLC $825,000 $515,000 -37.6% 0.6%
Community State Bank $475,000 n/a 0.6%
Bell Bank $1,635,000 $465,000 -71.6% 0.6%
GUARANTEED RATE, INC. $330,000 $455,000 37.9% 0.6%
First Bank $105,000 $430,000 309.5% 0.5%
FREEDOM MORTGAGE CORPORATION $430,000 n/a 0.5%
Central National Bank $415,000 n/a 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $305,000 $415,000 36.1% 0.5%
DuTrac Community Credit Union $405,000 n/a 0.5%
VisionBank of Iowa $395,000 n/a 0.5%
COMPEER FINANCIAL, FLCA $390,000 n/a 0.5%
NEWREZ LLC $105,000 $390,000 271.4% 0.5%
GUARANTEED RATE AFFINITY, LLC $385,000 n/a 0.5%
DUPACO COMMUNITY $990,000 $370,000 -62.6% 0.4%
HOMESIDE FINANCIAL, LLC $370,000 n/a 0.4%
Community Choice Credit Union $480,000 $365,000 -24.0% 0.4%
GUILD MORTGAGE COMPANY $770,000 $360,000 -53.2% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $355,000 n/a 0.4%
Northeast Security Bank $355,000 n/a 0.4%
Premier Credit Union $670,000 $350,000 -47.8% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $195,000 $345,000 76.9% 0.4%
Figure Lending LLC $160,000 $345,000 115.6% 0.4%
MidWestOne Bank $315,000 n/a 0.4%
PREMIA MORTGAGE, LLC $215,000 $315,000 46.5% 0.4%
Texana Bank $315,000 n/a 0.4%
ZILLOW HOME LOANS, LLC $310,000 n/a 0.4%
Cedar Rapids Bank and Trust Company $170,000 $305,000 79.4% 0.4%
WINGS FINANCIAL $295,000 $285,000 -3.4% 0.3%
The Huntington National Bank $315,000 $275,000 -12.7% 0.3%
Barrington Bank & Trust Company, N.A. $270,000 n/a 0.3%
CEDAR FALLS COMMUNITY CREDIT UNION $35,000 $270,000 671.4% 0.3%
Midwest Heritage Bank FSB $245,000 n/a 0.3%
Flagstar Bank, FSB $250,000 $240,000 -4.0% 0.3%
Bank Iowa $290,000 $225,000 -22.4% 0.3%
I. H. MISSISSIPPI VALLEY CREDIT UNION $225,000 n/a 0.3%
Cambria Financial Group, LLC $205,000 n/a 0.2%
Mr. Cooper ( Nationstar Mortgage ) $675,000 $200,000 -70.4% 0.2%
MID AMERICA MORTGAGE, INC. $125,000 $195,000 56.0% 0.2%
Fifth Third Bank $185,000 n/a 0.2%
Paramount Bank $185,000 n/a 0.2%
FRONTIER FINANCIAL, INC. $310,000 $175,000 -43.5% 0.2%
Hills Bank and Trust Company $5,335,000 $175,000 -96.7% 0.2%
LAND HOME FINANCIAL SERVICES, INC. $175,000 n/a 0.2%
MORTGAGE ACCESS CORP. $645,000 $175,000 -72.9% 0.2%
TJC Mortgage, Inc. $175,000 n/a 0.2%
GREATER IOWA CREDIT UNION $400,000 $170,000 -57.5% 0.2%
BankIowa of Cedar Rapids $165,000 n/a 0.2%
Coastal Community Bank $50,000 $160,000 220.0% 0.2%
TOWNE MORTGAGE COMPANY $145,000 n/a 0.2%
Bankers' Bank $710,000 $125,000 -82.4% 0.2%
AMERICAN FINANCING CORPORATION $195,000 $115,000 -41.0% 0.1%
Fidelity Bank & Trust $90,000 $115,000 27.8% 0.1%
GNB Bank $75,000 $115,000 53.3% 0.1%
First Dakota National Bank $105,000 n/a 0.1%
First Interstate Bank $105,000 n/a 0.1%
American State Bank $95,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $95,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $140,000 $85,000 -39.3% 0.1%
Lakeview Bank $85,000 n/a 0.1%
NexBank $75,000 n/a 0.1%
PNC Bank $75,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $140,000 $75,000 -46.4% 0.1%
ALTRA $75,000 $65,000 -13.3% 0.1%
BELEM SERVICING LLC $65,000 n/a 0.1%
BMO Harris Bank $585,000 $65,000 -88.9% 0.1%
Johnson Bank $55,000 $65,000 18.2% 0.1%
City State Bank $55,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $55,000 n/a 0.1%
Alerus Financial $45,000 n/a 0.1%
AMERISAVE MORTGAGE CORPORATION $125,000 $35,000 -72.0% 0.0%
Associated Bank $35,000 n/a 0.0%
Exchange State Bank $35,000 n/a 0.0%
SPRING EQ, LLC $65,000 $35,000 -46.2% 0.0%
Carrington Mortgage Services, LLC $130,000 $25,000 -80.8% 0.0%

Mason City's top lender by overall market share is QUICKEN LOANS, LLC, with 7.0% market share. In second place, with 6.9%, is Wells Fargo Bank, having originated $5,665,000 in loans. In third place, with 6.0%, is Manufacturers Bank & Trust Company, having originated $4,945,000 in loans. In fourth place, with 5.1%, is Plains Commerce Bank, having originated $4,190,000 in loans. In fifth place, with 4.0%, is VERIDIAN CREDIT UNION, having originated $3,270,000 in loans.


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

Realtor.com - Mason City (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 $135,450 (4.2%) $195,274 (5.3%) 0.00 262
2018-02-01 $139,900 (0.0%) $197,527 (-0.7%) 0.00 277
2018-03-01 $144,985 (2.7%) $211,988 (5.6%) 0.00 268
2018-04-01 $144,703 (-0.1%) $216,359 (4.7%) 0.00 288
2018-05-01 $152,425 (2.8%) $230,640 (8.3%) 0.00 315
2018-06-01 $149,900 (0.2%) $236,614 (10.6%) 0.00 346
2018-07-01 $148,825 (1.2%) $229,871 (11.0%) 0.00 348
2018-08-01 $147,225 (2.8%) $225,338 (14.0%) 0.00 351
2018-09-01 $143,233 (4.6%) $215,033 (8.5%) 0.00 348
2018-10-01 $147,912 (11.5%) $210,646 (8.7%) 0.00 349
2018-11-01 $145,000 (7.4%) $207,901 (6.4%) 0.00 342
2018-12-01 $139,900 (3.6%) $201,773 (1.3%) 0.00 303
2019-01-01 $140,950 (4.1%) $204,863 (4.9%) 0.00 290
2019-02-01 $147,250 (5.3%) $206,726 (4.7%) 0.00 296
2019-03-01 $152,086 (4.9%) $210,884 (-0.5%) 0.00 305
2019-04-01 $154,893 (7.0%) $216,666 (0.1%) 0.00 323
2019-05-01 $159,900 (4.9%) $225,348 (-2.3%) 0.00 347
2019-06-01 $170,000 (13.4%) $236,573 (0.0%) 0.00 352
2019-07-01 $169,433 (13.9%) $223,249 (-2.9%) 0.00 400
2019-08-01 $169,463 (15.1%) $222,898 (-1.1%) 0.00 400
2019-09-01 $169,062 (18.0%) $222,111 (3.3%) 0.00 393
2019-10-01 $168,325 (13.8%) $220,944 (4.9%) 0.00 389
2019-11-01 $159,900 (10.3%) $212,501 (2.2%) 0.00 384
2019-12-01 $156,850 (12.1%) $204,654 (1.4%) 0.00 336
2020-01-01 $161,475 (14.6%) $210,105 (2.6%) 0.00 299
2020-02-01 $161,050 (9.4%) $208,286 (0.8%) 0.00 324
2020-03-01 $159,825 (5.1%) $204,677 (-2.9%) 0.00 318
2020-04-01 $162,302 (4.8%) $214,532 (-1.0%) 0.00 291
2020-05-01 $174,000 (8.8%) $221,637 (-1.7%) 0.00 304
2020-06-01 $169,600 (-0.2%) $224,129 (-5.3%) 0.00 305
2020-07-01 $171,750 (1.4%) $223,763 (0.2%) 0.00 262
2020-08-01 $175,000 (3.3%) $233,075 (4.6%) 0.00 224
2020-09-01 $173,225 (2.5%) $224,378 (1.0%) 0.00 217
2020-10-01 $149,625 (-11.1%) $205,505 (-7.0%) 0.00 197
2020-11-01 $141,700 (-11.4%) $199,662 (-6.0%) 0.00 197
2020-12-01 $136,675 (-12.9%) $191,523 (-6.4%) 0.00 191
2021-01-01 $148,600 (-8.0%) $201,710 (-4.0%) 0.00 174
2021-02-01 $163,000 (1.2%) $206,742 (-0.7%) 0.00 141
2021-03-01 $174,750 (9.3%) $225,378 (10.1%) 0.00 133
2021-04-01 $202,600 (24.8%) $245,512 (14.4%) 0.00 145
2021-05-01 $214,500 (23.3%) $274,114 (23.7%) 0.00 153
2021-06-01 $191,150 (12.7%) $249,409 (11.3%) 0.00 168
2021-07-01 $175,000 (1.9%) $232,759 (4.0%) 0.00 185
2021-08-01 $170,625 (-2.5%) $228,246 (-2.1%) 0.00 189
2021-09-01 $173,750 (0.3%) $239,297 (6.7%) 0.00 169
2021-10-01 $162,500 (8.6%) $204,620 (-0.4%) 0.00 181
2021-11-01 $149,650 (5.6%) $194,226 (-2.7%) 0.00 160
2021-12-01 $147,000 (7.6%) $193,862 (1.2%) 0.00 157
2022-01-01 $158,250 (6.5%) $199,443 (-1.1%) 0.00 140
2022-02-01 $144,395 (-11.4%) $193,699 (-6.3%) 0.00 122
2022-03-01 $138,400 (-20.8%) $190,776 (-15.4%) 0.00 112
2022-04-01 $162,500 (-19.8%) $208,594 (-15.0%) 0.00 113
2022-05-01 $211,500 (-1.4%) $284,541 (3.8%) 0.00 109
2022-06-01 $228,000 (19.3%) $298,010 (19.5%) 0.00 119
2022-07-01 $215,000 (22.9%) $310,594 (33.4%) 0.00 135
2022-08-01 $215,000 (26.0%) $332,328 (45.6%) 0.00 141
2022-09-01 $225,000 (29.5%) $351,072 (46.7%) 0.00 133
2022-10-01 $234,900 (44.6%) $356,633 (74.3%) 0.00 140
2022-11-01 $232,400 (55.3%) $354,378 (82.5%) 0.00 152
2022-12-01 $247,450 (68.3%) $356,642 (84.0%) 0.00 138
2023-01-01 $233,575 (47.6%) $336,432 (68.7%) 0.00 124
2023-02-01 $249,900 (73.1%) $356,907 (84.3%) 0.00 127
2023-03-01 $249,900 (80.6%) $374,087 (96.1%) 0.00 114
2023-04-01 $247,450 (52.3%) $370,824 (77.8%) 0.00 109
2023-05-01 $255,000 (20.6%) $370,643 (30.3%) 0.00 123
2023-06-01 $260,350 (14.2%) $424,553 (42.5%) 0.00 117
2023-07-01 $279,900 (30.2%) $443,704 (42.9%) 0.00 115
2023-08-01 $291,625 (35.6%) $447,730 (34.7%) 0.00 106
2023-09-01 $225,000 (0.0%) $383,447 (9.2%) 0.00 125
2023-10-01 $230,950 (-1.7%) $353,502 (-0.9%) 0.00 144
2023-11-01 $220,000 (-5.3%) $316,020 (-10.8%) 0.00 136
2023-12-01 $222,000 (-10.3%) $310,947 (-12.8%) 0.00 130
2024-01-01 $223,750 (-4.2%) $318,316 (-5.4%) 0.00 124
2024-02-01 $217,450 (-13.0%) $306,260 (-14.2%) 0.00 137
2024-03-01 $227,450 (-9.0%) $320,941 (-14.2%) 0.00 149
2024-04-01 $239,675 (-3.1%) $364,804 (-1.6%) 0.00 160
2024-05-01 $295,944 (16.1%) $389,124 (5.0%) 0.00 183
2024-06-01 $289,000 (11.0%) $393,175 (-7.4%) 0.00 209
2024-07-01 $299,913 (7.2%) $394,051 (-11.2%) 0.00 207
2024-08-01 $299,900 (2.8%) $391,269 (-12.6%) 0.00 212
2024-09-01 $299,450 (33.1%) $383,318 (0.0%) 0.00 215
2024-10-01 $266,225 (15.3%) $352,910 (-0.2%) 0.00 261
2024-11-01 $272,400 (23.8%) $344,582 (9.0%) 0.00 257
2024-12-01 $280,000 (26.1%) $334,078 (7.4%) 0.00 240
2025-01-01 $280,000 (25.1%) $332,537 (4.5%) 0.00 232
2025-02-01 $283,750 (30.5%) $344,180 (12.4%) 0.00 232
2025-03-01 $289,485 (27.3%) $382,592 (19.2%) 0.00 235
Mason City's median listing price for 2025-03-01 was $289,485, a difference of $62,035 (27.3%) versus the prior year and $5,735 versus the prior month.

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

Mason City's average listing price for 2025-03-01 was $382,592, a difference of $61,651 (19.2%) versus the prior year and $38,412 versus the prior month.

For the 2025-03-01 period, Mason City had 235 MLS listings, a difference of 3 listings (1%) versus the prior month and 86 listings (58%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Mason City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,911 sqft
2018-02-01 0 days 1,927 sqft
2018-03-01 0 days 1,962 sqft
2018-04-01 0 days 1,968 sqft
2018-05-01 0 days 1,998 sqft
2018-06-01 0 days 1,996 sqft
2018-07-01 0 days 1,967 sqft
2018-08-01 0 days 2,000 sqft
2018-09-01 0 days 1,968 sqft
2018-10-01 0 days 1,972 sqft
2018-11-01 0 days 2,002 sqft
2018-12-01 0 days 1,968 sqft
2019-01-01 0 days 1,980 sqft
2019-02-01 0 days 1,986 sqft
2019-03-01 0 days 2,042 sqft
2019-04-01 0 days 2,120 sqft
2019-05-01 0 days 2,145 sqft
2019-06-01 0 days 2,137 sqft
2019-07-01 0 days 2,031 sqft
2019-08-01 0 days 2,014 sqft
2019-09-01 0 days 1,999 sqft
2019-10-01 0 days 1,990 sqft
2019-11-01 0 days 2,001 sqft
2019-12-01 0 days 1,976 sqft
2020-01-01 0 days 1,996 sqft
2020-02-01 0 days 1,944 sqft
2020-03-01 0 days 1,944 sqft
2020-04-01 0 days 1,976 sqft
2020-05-01 0 days 1,976 sqft
2020-06-01 0 days 1,944 sqft
2020-07-01 0 days 1,984 sqft
2020-08-01 0 days 1,994 sqft
2020-09-01 0 days 1,952 sqft
2020-10-01 0 days 1,905 sqft
2020-11-01 0 days 1,910 sqft
2020-12-01 0 days 1,870 sqft
2021-01-01 0 days 1,876 sqft
2021-02-01 0 days 1,895 sqft
2021-03-01 0 days 1,880 sqft
2021-04-01 0 days 1,779 sqft
2021-05-01 0 days 1,833 sqft
2021-06-01 0 days 1,820 sqft
2021-07-01 0 days 1,860 sqft
2021-08-01 0 days 1,881 sqft
2021-09-01 0 days 1,872 sqft
2021-10-01 0 days 1,874 sqft
2021-11-01 0 days 1,886 sqft
2021-12-01 0 days 1,890 sqft
2022-01-01 0 days 1,900 sqft
2022-02-01 0 days 1,838 sqft
2022-03-01 0 days 1,888 sqft
2022-04-01 0 days 1,790 sqft
2022-05-01 0 days 1,912 sqft
2022-06-01 0 days 1,960 sqft
2022-07-01 0 days 1,975 sqft
2022-08-01 0 days 1,963 sqft
2022-09-01 0 days 1,975 sqft
2022-10-01 0 days 1,911 sqft
2022-11-01 0 days 1,982 sqft
2022-12-01 0 days 2,003 sqft
2023-01-01 0 days 2,042 sqft
2023-02-01 0 days 2,023 sqft
2023-03-01 0 days 1,872 sqft
2023-04-01 0 days 1,851 sqft
2023-05-01 0 days 1,899 sqft
2023-06-01 0 days 2,052 sqft
2023-07-01 0 days 2,132 sqft
2023-08-01 0 days 2,110 sqft
2023-09-01 0 days 2,016 sqft
2023-10-01 0 days 1,936 sqft
2023-11-01 0 days 2,016 sqft
2023-12-01 0 days 2,019 sqft
2024-01-01 0 days 2,027 sqft
2024-02-01 0 days 1,926 sqft
2024-03-01 0 days 1,920 sqft
2024-04-01 0 days 1,875 sqft
2024-05-01 0 days 1,969 sqft
2024-06-01 0 days 2,022 sqft
2024-07-01 0 days 2,025 sqft
2024-08-01 0 days 2,060 sqft
2024-09-01 0 days 2,027 sqft
2024-10-01 0 days 1,873 sqft
2024-11-01 0 days 1,920 sqft
2024-12-01 0 days 1,983 sqft
2025-01-01 0 days 2,016 sqft
2025-02-01 0 days 2,017 sqft
2025-03-01 0 days 2,026 sqft
Mason City's median listing age (time on market) for 2025-03-01 was 0 days.

Mason City's median square footage for active listings during the 2025-03-01 period was 2,026 sqft. One year prior, the average listing was 1,920 sqft.

Mason City, IA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 320 $58,230,000 $181,969
Refi 50 $11,570,000 $231,400
Cash Out Refi 50 $7,920,000 $158,400
Other 42 $2,570,000 $61,190
Home Improvement 29 $2,085,000 $71,897

Mason City's most frequently cited loan purpose was Home Purchase, with 320 originations. The 2nd most popular reason was Refi, with 50 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 213 $37,305,000 $175,141
7-8% 80 $13,540,000 $169,250
5-6% 68 $11,570,000 $170,147
Over 8% 55 $3,315,000 $60,273
<2.5% 6 $30,000 $5,000
4-5% 1 $295,000 $295,000

During 2024, Mason City's most frequently originated rate bucket was 6-7%, with 213 originations.

Loan Sizing (Mason City, IA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 184 $10,870,000 $59,076
$100k-200k 180 $25,600,000 $142,222
$200k-400k 94 $26,180,000 $278,511
$400k-600k 25 $11,835,000 $473,400
$600k-1000k 6 $4,380,000 $730,000
$Over $1MM 2 $3,510,000 $1,755,000

Mason City's loan sizing saw the bucket of loans from $100,000 or less with 184 originations, totaling $10,870,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 213 $37,105,000 $174,202
60-80% 83 $16,455,000 $198,253
Under 20% 51 $2,215,000 $43,431
20-40% 44 $4,310,000 $97,955
40-60% 25 $4,215,000 $168,600
Over 100% 1 $215,000 $215,000

Mason City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 213 originations, totaling $37,105,000 in origination value.