Miami Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Miami averaged 6.89% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

    The average rate for the prior week (2025-03-27) was 6.6% and one month ago for the week of 2025-02-27, the average rate was 6.81%.

    Miami's average rate one year ago was 6.84%.

    For refis of the same type during the week of 2025-04-03, the average rate was 6.74%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-03 6.64%
    Miami 30 Year Fixed Rate 2025-04-03 6.89%
    Miami 30 Year Fixed Rate Refi 2025-04-03 6.74%
    Miami 15 Year Fixed Rate 2025-04-03 5.92%
    Miami 15 Year Fixed Rate Refi 2025-04-03 6.42%
    Miami 30 Year FHA 2025-04-03 6.46%
    Miami 30 Year FHA Refi 2025-04-03 6.26%
    Miami 30 Year USDA 2025-04-03 6.32%
    Miami 30 Year USDA Refi 2025-04-03 6.12%
    Miami 30 Year VA 2025-04-03 6.16%
    Miami 30 Year VA Refi 2025-04-03 6.16%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Miami, OK.

    Miami 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 Miami, OK 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
    Arvest Bank 33 6.87% $4,522
    FLAT BRANCH MORTGAGE, INC. 13 6.77% $4,058
    TTCU Federal Credit Union 4 6.34% $3,528
    Mortgage Investment Services Corporation 4 6.66% $5,432
    BancFirst 3 6.83% $4,688
    Stride Bank 3 6.54% $4,868
    AMERICAN FINANCIAL NETWORK, INC. 3 7.67% $7,351
    QUICKEN LOANS, LLC 3 6.42% $9,707
    LOANDEPOT.COM, LLC 2 6.88% $6,927
    Bank of America 2 5.81% $5,357
    Flagstar Bank, FSB 2 7.31% $4,894
    Gateway First Bank 2 7.25% $7,116
    International Bank of Commerce 2 6.56% $6,803
    JPMorgan Chase Bank 2 7.00% $4,542
    Great Southern Bank 1 5.99% $2,854
    Wells Fargo Bank 1 6.50% $4,018
    ZILLOW HOME LOANS, LLC 1 6.63% $4,505
    Century Mortgage Company DBA Century Lending Company 1 6.88% $4,099
    Midwest Mortgage Associates Corporation 1 7.13% $3,465
    MLD MORTGAGE INC. 1 8.88% $11,419
    Centennial Bank 1 6.63% $3,756
    Nations Lending Corporation 1 7.63% $3,800
    Oklahoma Educators Credit Union 1 7.00% $4,362
    BOKF 1 7.63% $5,146
    RCB Bank 1 5.89% $6,309
    Royal Credit Union 1 6.63% $5,148
    ROYAL UNITED MORTGAGE LLC 1 7.63% $12,244
    ASSOCIATED MORTGAGE CORPORATION 1 7.63% $4,200
    The Central Trust Bank 1 6.50% $3,876
    TOWNE MORTGAGE COMPANY 1 7.63% $7,310
    AMERISAVE MORTGAGE CORPORATION 1 6.99% $6,940
    Farm Credit Mid-America, ACA 1 6.50% $6,133
    Tulsa Federal Credit Union 1 7.63% $2,892
    GENEVA FINANCIAL, LLC 1 6.50% $5,411

    Miami Average Closing Costs & Other Stats

    Miami, OK's 34 lenders originated 370 loans during 2024. The total origination value was $52,290,000, with an average loan value of $141,324.

    Miami's average closing costs are $4,834.

    The top Miami lender as defined by loan originations is Arvest Bank, with 33 loans originated. Their average total fees are $4,522, which is $464 higher than the next largest lender, FLAT BRANCH MORTGAGE, INC..

    The lowest fee Miami lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($4,058), Arvest Bank ($4,522), .

    The lowest rate Miami lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. (6.77%), Arvest Bank (6.87%), .

    Miami, OK 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
    Arvest Bank $10,825,000 $9,910,000 -8.5% 19.0%
    FLAT BRANCH MORTGAGE, INC. $5,745,000 $4,920,000 -14.4% 9.4%
    QUICKEN LOANS, LLC $1,790,000 $3,345,000 86.9% 6.4%
    Grand Savings Bank $1,110,000 $1,865,000 68.0% 3.6%
    Stride Bank $1,610,000 n/a 3.1%
    Mortgage Investment Services Corporation $490,000 $1,305,000 166.3% 2.5%
    V.I.P. MORTGAGE, INC. $1,220,000 n/a 2.3%
    RCB Bank $380,000 $1,120,000 194.7% 2.1%
    BancFirst $1,140,000 $1,110,000 -2.6% 2.1%
    TTCU Federal Credit Union $515,000 $1,095,000 112.6% 2.1%
    Flagstar Bank, FSB $740,000 $1,030,000 39.2% 2.0%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $330,000 $900,000 172.7% 1.7%
    AMERICAN FINANCIAL NETWORK, INC. $1,030,000 $875,000 -15.0% 1.7%
    UNITED WHOLESALE MORTGAGE, LLC $505,000 $810,000 60.4% 1.5%
    21ST MORTGAGE CORPORATION $460,000 $795,000 72.8% 1.5%
    Century Mortgage Company DBA Century Lending Company $790,000 n/a 1.5%
    NEW DAY FINANCIAL, LLC $225,000 $745,000 231.1% 1.4%
    LOANDEPOT.COM, LLC $1,060,000 $740,000 -30.2% 1.4%
    Mortgage Research Center, LLC $2,045,000 $720,000 -64.8% 1.4%
    International Bank of Commerce $300,000 $705,000 135.0% 1.3%
    TOWNE MORTGAGE COMPANY $865,000 $680,000 -21.4% 1.3%
    MLD MORTGAGE INC. $605,000 n/a 1.2%
    BOKF $460,000 $600,000 30.4% 1.1%
    VILLAGE CAPITAL MORTGAGE $570,000 n/a 1.1%
    NAVY FEDERAL CREDIT UNION $140,000 $510,000 264.3% 1.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $810,000 $500,000 -38.3% 1.0%
    People's Bank of Seneca $980,000 $485,000 -50.5% 0.9%
    Gateway First Bank $460,000 n/a 0.9%
    ASSOCIATED MORTGAGE CORPORATION $65,000 $440,000 576.9% 0.8%
    PENNYMAC LOAN SERVICES, LLC $700,000 $415,000 -40.7% 0.8%
    Mid America Bank $395,000 n/a 0.8%
    Community Bank and Trust $120,000 $385,000 220.8% 0.7%
    American Mortgage Bank, LLC $365,000 n/a 0.7%
    GUILD MORTGAGE COMPANY $345,000 n/a 0.7%
    GENEVA FINANCIAL, LLC $350,000 $335,000 -4.3% 0.6%
    TRIAD FINANCIAL SERVICES, INC. $335,000 n/a 0.6%
    HOMESIDE FINANCIAL, LLC $315,000 n/a 0.6%
    Bank of America $185,000 $310,000 67.6% 0.6%
    UNITED BUILT HOMES, L.L.C. $295,000 n/a 0.6%
    USAA Federal Savings Bank $295,000 n/a 0.6%
    FREEDOM MORTGAGE CORPORATION $290,000 n/a 0.6%
    Farm Credit Mid-America, ACA $530,000 $275,000 -48.1% 0.5%
    Southwest Missouri Bank $370,000 $275,000 -25.7% 0.5%
    ZILLOW HOME LOANS, LLC $135,000 $250,000 85.2% 0.5%
    American Mortgage & Equity Consultants, Inc. $235,000 n/a 0.4%
    First Oklahoma Bank $225,000 n/a 0.4%
    ROYAL UNITED MORTGAGE LLC $45,000 $225,000 400.0% 0.4%
    GoPrime Mortgage, Inc. $215,000 n/a 0.4%
    Mid-Missouri Bank $215,000 n/a 0.4%
    Peoples National Bank of Kewanee $195,000 n/a 0.4%
    SOUTHWEST STAGE FUNDING, LLC $195,000 n/a 0.4%
    JPMorgan Chase Bank $305,000 $190,000 -37.7% 0.4%
    Old Missouri Bank $190,000 n/a 0.4%
    Chickasaw Community Bank $910,000 $185,000 -79.7% 0.4%
    Centennial Bank $175,000 n/a 0.3%
    Nations Lending Corporation $175,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $380,000 $170,000 -55.3% 0.3%
    Figure Lending LLC $25,000 $170,000 580.0% 0.3%
    FINANCE OF AMERICA REVERSE LLC $170,000 n/a 0.3%
    COUNTRYPLACE MORTGAGE, LTD. $165,000 n/a 0.3%
    Great Plains National Bank $165,000 n/a 0.3%
    Tulsa Federal Credit Union $165,000 n/a 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $160,000 n/a 0.3%
    Barrington Bank & Trust Company, N.A. $155,000 n/a 0.3%
    CARDINAL FINANCIAL $155,000 n/a 0.3%
    SENTE MORTGAGE, INC. $155,000 n/a 0.3%
    Discover Bank $145,000 n/a 0.3%
    Oakstar Bank $145,000 n/a 0.3%
    Oklahoma Educators Credit Union $145,000 n/a 0.3%
    U.S. Bank $65,000 $145,000 123.1% 0.3%
    US MORTGAGE CORPORATION $165,000 $145,000 -12.1% 0.3%
    First Community Bank $390,000 $125,000 -67.9% 0.2%
    First United Bank and Trust Company $135,000 $115,000 -14.8% 0.2%
    AMERICAN FINANCING CORPORATION $105,000 n/a 0.2%
    Waterstone Mortgage Corporation $365,000 $105,000 -71.2% 0.2%
    BROKER SOLUTIONS, INC. $625,000 $95,000 -84.8% 0.2%
    NEW FED MORTGAGE, CORP. $95,000 n/a 0.2%
    Great Southern Bank $75,000 $85,000 13.3% 0.2%
    LOANPAL, LLC $320,000 $85,000 -73.4% 0.2%
    The Central Trust Bank $465,000 $85,000 -81.7% 0.2%
    Midwest Mortgage Associates Corporation $75,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $185,000 $75,000 -59.5% 0.1%
    Royal Credit Union $75,000 n/a 0.1%
    TIB The Independent Bankersbank $105,000 $75,000 -28.6% 0.1%
    Wells Fargo Bank $65,000 n/a 0.1%
    Firstar Bank $55,000 n/a 0.1%
    Landmark National Bank $55,000 n/a 0.1%
    Coastal Community Bank $70,000 $35,000 -50.0% 0.1%
    Regent Bank $25,000 n/a 0.0%
    UNITED $25,000 n/a 0.0%

    Miami's top lender by overall market share is Arvest Bank, with 19.0% market share. In second place, with 9.4%, is FLAT BRANCH MORTGAGE, INC., having originated $4,920,000 in loans. In third place, with 6.4%, is QUICKEN LOANS, LLC, having originated $3,345,000 in loans. In fourth place, with 3.6%, is Grand Savings Bank, having originated $1,865,000 in loans. In fifth place, with 3.1%, is Stride Bank, having originated $1,610,000 in loans.

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

    Realtor.com - Miami (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 $84,250 (5.8%) $109,558 (-10.0%) 0.00 168
    2018-02-01 $83,750 (4.8%) $110,865 (-8.1%) 0.00 171
    2018-03-01 $88,750 (11.0%) $113,289 (-3.1%) 0.00 171
    2018-04-01 $86,875 (6.9%) $109,927 (-7.3%) 0.00 179
    2018-05-01 $85,850 (7.5%) $111,399 (-8.2%) 0.00 185
    2018-06-01 $80,450 (-2.5%) $108,179 (-13.5%) 0.00 188
    2018-07-01 $81,700 (-2.2%) $112,716 (-10.5%) 0.00 179
    2018-08-01 $82,675 (-7.1%) $113,175 (-12.7%) 0.00 166
    2018-09-01 $80,000 (-5.6%) $116,587 (-5.3%) 0.00 170
    2018-10-01 $82,900 (-0.1%) $114,493 (-5.9%) 0.00 172
    2018-11-01 $84,550 (-2.0%) $114,805 (2.2%) 0.00 169
    2018-12-01 $84,900 (-0.1%) $113,983 (3.2%) 0.00 160
    2019-01-01 $82,475 (-2.1%) $114,172 (4.2%) 0.00 141
    2019-02-01 $84,900 (1.4%) $114,907 (3.7%) 0.00 134
    2019-03-01 $86,421 (-2.6%) $116,888 (3.2%) 0.00 126
    2019-04-01 $88,725 (2.1%) $118,681 (8.0%) 0.00 117
    2019-05-01 $88,300 (2.9%) $130,139 (16.8%) 0.00 116
    2019-06-01 $87,900 (9.3%) $126,243 (16.7%) 0.00 114
    2019-07-01 $89,800 (9.9%) $130,043 (15.4%) 0.00 117
    2019-08-01 $88,673 (7.3%) $126,234 (11.5%) 0.00 125
    2019-09-01 $86,832 (8.5%) $121,229 (4.0%) 0.00 130
    2019-10-01 $85,755 (3.4%) $118,593 (3.6%) 0.00 134
    2019-11-01 $83,500 (-1.2%) $114,666 (-0.1%) 0.00 126
    2019-12-01 $79,950 (-5.8%) $114,448 (0.4%) 0.00 122
    2020-01-01 $79,900 (-3.1%) $117,721 (3.1%) 0.00 116
    2020-02-01 $79,700 (-6.1%) $110,485 (-3.9%) 0.00 116
    2020-03-01 $72,363 (-16.3%) $108,304 (-7.3%) 0.00 113
    2020-04-01 $74,875 (-15.6%) $111,503 (-6.1%) 0.00 106
    2020-05-01 $75,000 (-15.1%) $117,583 (-9.7%) 0.00 107
    2020-06-01 $77,550 (-11.8%) $129,465 (2.6%) 0.00 95
    2020-07-01 $82,850 (-7.7%) $120,804 (-7.1%) 0.00 86
    2020-08-01 $87,777 (-1.0%) $125,833 (-0.3%) 0.00 96
    2020-09-01 $106,850 (23.1%) $137,634 (13.5%) 0.00 86
    2020-10-01 $102,500 (19.5%) $136,355 (15.0%) 0.00 73
    2020-11-01 $104,875 (25.6%) $132,942 (15.9%) 0.00 76
    2020-12-01 $107,500 (34.5%) $137,489 (20.1%) 0.00 62
    2021-01-01 $99,950 (25.1%) $135,378 (15.0%) 0.00 59
    2021-02-01 $84,950 (6.6%) $125,946 (14.0%) 0.00 57
    2021-03-01 $84,700 (17.1%) $132,968 (22.8%) 0.00 56
    2021-04-01 $81,350 (8.7%) $154,044 (38.2%) 0.00 60
    2021-05-01 $84,750 (13.0%) $129,717 (10.3%) 0.00 59
    2021-06-01 $79,600 (2.6%) $130,550 (0.8%) 0.00 67
    2021-07-01 $82,450 (-0.5%) $137,103 (13.5%) 0.00 67
    2021-08-01 $92,000 (4.8%) $145,555 (15.7%) 0.00 64
    2021-09-01 $83,475 (-21.9%) $143,555 (4.3%) 0.00 67
    2021-10-01 $84,900 (-17.2%) $151,787 (11.3%) 0.00 64
    2021-11-01 $88,725 (-15.4%) $166,114 (25.0%) 0.00 66
    2021-12-01 $79,225 (-26.3%) $146,196 (6.3%) 0.00 72
    2022-01-01 $89,000 (-11.0%) $153,578 (13.4%) 0.00 72
    2022-02-01 $85,925 (1.2%) $162,036 (28.7%) 0.00 54
    2022-03-01 $79,900 (-5.7%) $149,586 (12.5%) 0.00 61
    2022-04-01 $79,900 (-1.8%) $132,404 (-14.1%) 0.00 60
    2022-05-01 $86,250 (1.8%) $122,167 (-5.8%) 0.00 59
    2022-06-01 $109,925 (38.1%) $196,275 (50.3%) 0.00 53
    2022-07-01 $119,900 (45.4%) $212,087 (54.7%) 0.00 57
    2022-08-01 $119,950 (30.4%) $205,857 (41.4%) 0.00 58
    2022-09-01 $129,950 (55.7%) $195,988 (36.5%) 0.00 63
    2022-10-01 $141,200 (66.3%) $200,323 (32.0%) 0.00 59
    2022-11-01 $131,500 (48.2%) $194,113 (16.9%) 0.00 54
    2022-12-01 $126,450 (59.6%) $195,048 (33.4%) 0.00 53
    2023-01-01 $130,900 (47.1%) $179,462 (16.9%) 0.00 54
    2023-02-01 $126,200 (46.9%) $177,787 (9.7%) 0.00 50
    2023-03-01 $146,675 (83.6%) $201,159 (34.5%) 0.00 46
    2023-04-01 $147,000 (84.0%) $215,531 (62.8%) 0.00 48
    2023-05-01 $131,150 (52.1%) $192,266 (57.4%) 0.00 58
    2023-06-01 $124,725 (13.5%) $159,296 (-18.8%) 0.00 62
    2023-07-01 $121,450 (1.3%) $161,587 (-23.8%) 0.00 53
    2023-08-01 $136,500 (13.8%) $160,755 (-21.9%) 0.00 44
    2023-09-01 $135,000 (3.9%) $174,733 (-10.8%) 0.00 54
    2023-10-01 $150,725 (6.8%) $277,164 (38.4%) 0.00 67
    2023-11-01 $152,000 (15.6%) $277,285 (42.9%) 0.00 62
    2023-12-01 $145,000 (14.7%) $278,889 (43.0%) 0.00 63
    2024-01-01 $149,825 (14.5%) $272,698 (52.0%) 0.00 61
    2024-02-01 $154,175 (22.2%) $301,369 (69.5%) 0.00 58
    2024-03-01 $155,000 (5.7%) $319,853 (59.0%) 0.00 52
    2024-04-01 $149,950 (2.0%) $331,751 (53.9%) 0.00 52
    2024-05-01 $184,950 (41.0%) $338,619 (76.1%) 0.00 60
    2024-06-01 $199,900 (60.3%) $367,203 (130.5%) 0.00 62
    2024-07-01 $187,000 (54.0%) $357,533 (121.3%) 0.00 72
    2024-08-01 $159,900 (17.1%) $314,573 (95.7%) 0.00 82
    2024-09-01 $169,700 (25.7%) $290,730 (66.4%) 0.00 87
    2024-10-01 $181,250 (20.3%) $296,726 (7.1%) 0.00 98
    2024-11-01 $166,150 (9.3%) $276,630 (-0.2%) 0.00 107
    2024-12-01 $163,675 (12.9%) $261,351 (-6.3%) 0.00 106
    2025-01-01 $176,150 (17.6%) $263,598 (-3.3%) 0.00 95
    2025-02-01 $179,225 (16.3%) $249,332 (-17.3%) 0.00 92
    2025-03-01 $174,900 (12.8%) $247,690 (-22.6%) 0.00 96
    Miami's median listing price for 2025-03-01 was $174,900, a difference of $19,900 (12.8%) versus the prior year and $-4,325 versus the prior month.

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

    Miami's average listing price for 2025-03-01 was $247,690, a difference of $-72,163 (-22.6%) versus the prior year and $-1,642 versus the prior month.

    For the 2025-03-01 period, Miami had 96 MLS listings, a difference of 4 listings (4%) versus the prior month and 44 listings (85%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Miami (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,421 sqft
    2018-02-01 0 days 1,416 sqft
    2018-03-01 0 days 1,434 sqft
    2018-04-01 0 days 1,404 sqft
    2018-05-01 0 days 1,426 sqft
    2018-06-01 0 days 1,450 sqft
    2018-07-01 0 days 1,475 sqft
    2018-08-01 0 days 1,479 sqft
    2018-09-01 0 days 1,492 sqft
    2018-10-01 0 days 1,477 sqft
    2018-11-01 0 days 1,484 sqft
    2018-12-01 0 days 1,468 sqft
    2019-01-01 0 days 1,443 sqft
    2019-02-01 0 days 1,484 sqft
    2019-03-01 0 days 1,561 sqft
    2019-04-01 0 days 1,544 sqft
    2019-05-01 0 days 1,599 sqft
    2019-06-01 0 days 1,600 sqft
    2019-07-01 0 days 1,600 sqft
    2019-08-01 0 days 1,565 sqft
    2019-09-01 0 days 1,513 sqft
    2019-10-01 0 days 1,478 sqft
    2019-11-01 0 days 1,465 sqft
    2019-12-01 0 days 1,459 sqft
    2020-01-01 0 days 1,433 sqft
    2020-02-01 0 days 1,381 sqft
    2020-03-01 0 days 1,366 sqft
    2020-04-01 0 days 1,398 sqft
    2020-05-01 0 days 1,422 sqft
    2020-06-01 0 days 1,437 sqft
    2020-07-01 0 days 1,410 sqft
    2020-08-01 0 days 1,539 sqft
    2020-09-01 0 days 1,600 sqft
    2020-10-01 0 days 1,498 sqft
    2020-11-01 0 days 1,598 sqft
    2020-12-01 0 days 1,595 sqft
    2021-01-01 0 days 1,483 sqft
    2021-02-01 0 days 1,413 sqft
    2021-03-01 0 days 1,448 sqft
    2021-04-01 0 days 1,390 sqft
    2021-05-01 0 days 1,299 sqft
    2021-06-01 0 days 1,232 sqft
    2021-07-01 0 days 1,344 sqft
    2021-08-01 0 days 1,423 sqft
    2021-09-01 0 days 1,349 sqft
    2021-10-01 0 days 1,350 sqft
    2021-11-01 0 days 1,435 sqft
    2021-12-01 0 days 1,389 sqft
    2022-01-01 0 days 1,430 sqft
    2022-02-01 0 days 1,440 sqft
    2022-03-01 0 days 1,350 sqft
    2022-04-01 0 days 1,346 sqft
    2022-05-01 0 days 1,344 sqft
    2022-06-01 0 days 1,544 sqft
    2022-07-01 0 days 1,620 sqft
    2022-08-01 0 days 1,623 sqft
    2022-09-01 0 days 1,606 sqft
    2022-10-01 0 days 1,682 sqft
    2022-11-01 0 days 1,627 sqft
    2022-12-01 0 days 1,591 sqft
    2023-01-01 0 days 1,583 sqft
    2023-02-01 0 days 1,573 sqft
    2023-03-01 0 days 1,558 sqft
    2023-04-01 0 days 1,422 sqft
    2023-05-01 0 days 1,355 sqft
    2023-06-01 0 days 1,308 sqft
    2023-07-01 0 days 1,338 sqft
    2023-08-01 0 days 1,389 sqft
    2023-09-01 0 days 1,402 sqft
    2023-10-01 0 days 1,476 sqft
    2023-11-01 0 days 1,495 sqft
    2023-12-01 0 days 1,510 sqft
    2024-01-01 0 days 1,511 sqft
    2024-02-01 0 days 1,497 sqft
    2024-03-01 0 days 1,650 sqft
    2024-04-01 0 days 1,657 sqft
    2024-05-01 0 days 1,673 sqft
    2024-06-01 0 days 1,764 sqft
    2024-07-01 0 days 1,715 sqft
    2024-08-01 0 days 1,632 sqft
    2024-09-01 0 days 1,596 sqft
    2024-10-01 0 days 1,610 sqft
    2024-11-01 0 days 1,618 sqft
    2024-12-01 0 days 1,592 sqft
    2025-01-01 0 days 1,584 sqft
    2025-02-01 0 days 1,567 sqft
    2025-03-01 0 days 1,580 sqft
    Miami's median listing age (time on market) for 2025-03-01 was 0 days.

    Miami's median square footage for active listings during the 2025-03-01 period was 1,580 sqft. One year prior, the average listing was 1,650 sqft.

    Miami, OK Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 235 $35,965,000 $153,043
    Cash Out Refi 50 $7,160,000 $143,200
    Home Improvement 30 $2,070,000 $69,000
    Refi 29 $5,455,000 $188,103
    Other 26 $1,640,000 $63,077

    Miami's most frequently cited loan purpose was Home Purchase, with 235 originations. The 2nd most popular reason was Cash Out Refi, with 50 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 152 $22,490,000 $147,961
    7-8% 76 $11,450,000 $150,658
    Over 8% 69 $5,935,000 $86,014
    5-6% 42 $7,400,000 $176,190
    4-5% 2 $380,000 $190,000

    During 2024, Miami's most frequently originated rate bucket was 6-7%, with 152 originations.

    Loan Sizing (Miami, OK MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 158 $22,670,000 $143,481
    $100,000 or less 139 $8,505,000 $61,187
    $200k-400k 68 $18,180,000 $267,353
    $600k-1000k 3 $2,055,000 $685,000
    $400k-600k 2 $880,000 $440,000

    Miami's loan sizing saw the bucket of loans from $100k-200k with 158 originations, totaling $22,670,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 192 $31,550,000 $164,323
    60-80% 54 $7,600,000 $140,741
    40-60% 37 $4,435,000 $119,865
    20-40% 32 $1,970,000 $61,563
    Under 20% 18 $650,000 $36,111
    Over 100% 6 $880,000 $146,667

    Miami's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 192 originations, totaling $31,550,000 in origination value.