MIDLAND 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 Midland averaged 7.01% for the week of 2025-05-22, compared to the national average of 6.86% for the same period.

    The average rate for the prior week (2025-05-15) was 6.76% and one month ago for the week of 2025-04-17, the average rate was 7.08%.

    Midland's average rate one year ago was 7.27%.

    For refis of the same type during the week of 2025-05-22, the average rate was 7.06%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-22 6.86%
    Midland 30 Year Fixed Rate 2025-05-22 7.01%
    Midland 30 Year Fixed Rate Refi 2025-05-22 7.06%
    Midland 15 Year Fixed Rate 2025-05-22 6.21%
    Midland 15 Year Fixed Rate Refi 2025-05-22 6.11%
    Midland 30 Year FHA 2025-05-22 6.83%
    Midland 30 Year FHA Refi 2025-05-22 6.81%
    Midland 30 Year USDA 2025-05-22 6.33%
    Midland 30 Year USDA Refi 2025-05-22 6.53%
    Midland 30 Year VA 2025-05-22 6.88%
    Midland 30 Year VA Refi 2025-05-22 6.62%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MIDLAND, MI.

    MIDLAND 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 MIDLAND, 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
    UNITED WHOLESALE MORTGAGE, LLC 76 6.83% $4,925
    DOW CHEMICAL EMPLOYEES' 76 7.41% $3,177
    QUICKEN LOANS, LLC 67 6.83% $5,371
    STAUNTON FINANCIAL, INC. 54 6.83% $4,796
    FIRST COMMUNITY MORTGAGE, INC. 47 6.75% $4,391
    The Huntington National Bank 36 6.88% $4,052
    MEMBERS FIRST Credit Union 23 6.72% $2,529
    Isabella Bank 19 6.16% $3,205
    GENEVA FINANCIAL, LLC 17 7.01% $4,648
    CANOPY MORTGAGE, LLC 17 7.10% $4,881
    Mercantile Bank of Michigan 16 6.80% $3,759
    Frankenmuth Credit Union 11 7.06% $2,311
    LAKE MICHIGAN CREDIT UNION 9 6.75% $3,317
    GUARANTEED RATE, INC. 9 6.31% $4,524
    Horizon Bank 8 6.78% $3,732
    Independent Bank 7 6.64% $3,463
    BLG HOLDINGS, INC. 6 6.93% $5,626
    JPMorgan Chase Bank 6 6.54% $4,119
    DAS Acquisition Company, LLC 6 6.31% $4,059
    HEALTH ADVANTAGE FEDERAL CREDIT UNION 6 6.71% $3,407
    Flagstar Bank, FSB 5 6.87% $3,908
    The Dart Bank 5 7.15% $3,357
    Fifth Third Bank 5 6.45% $3,101
    GVC MORTGAGE, INC. 5 7.24% $4,151
    PREMIA MORTGAGE, LLC 5 6.66% $832
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 4 6.56% $3,620
    UNION HOME MORTGAGE CORP. 4 7.13% $4,783
    MORTGAGE 1 INCORPORATED 4 7.21% $4,589
    BROKER SOLUTIONS, INC. 4 6.59% $7,688
    PNC Bank 4 6.28% $4,353
    Dort Financial Credit Union 3 6.17% $2,338
    FINANCIAL PLUS CREDIT UNION 3 6.96% $4,002
    MORTGAGE CENTER L.C 3 6.92% $4,225
    U.S. Bank 3 6.79% $1,226
    FREEDOM MORTGAGE CORPORATION 2 7.13% $7,423
    CROSSCOUNTRY MORTGAGE, LLC 2 6.60% $6,531
    JOLT CREDIT UNION 2 6.19% $3,757
    MICHIGAN MUTUAL, INC. 2 6.99% $6,944
    CHURCHILL MORTGAGE CORPORATION 2 7.25% $5,004
    Wells Fargo Bank 2 6.19% $5,649
    Mortgage Research Center, LLC 2 6.81% $4,802
    NAVY FEDERAL CREDIT UNION 2 6.63% $3,675
    NEWREZ LLC 2 6.99% $5,435
    Preston Home Loans Inc 2 6.81% $5,477
    American Mortgage & Equity Consultants, Inc. 2 7.88% $8,368
    Ally Bank 2 6.06% $4,300
    First Merchants Bank 2 6.88% $4,183
    LEADERONE FINANCIAL CORPORATION 1 7.38% $3,948
    Comerica Bank 1 6.99% $2,564
    Citizens Bank 1 7.50% $5,153
    MICHIGAN FIRST CREDIT UNION 1 7.25% $3,012
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.50% $3,183
    MICHIGAN ONE COMMUNITY Credit Union 1 6.63% $3,285
    The Loan Store, Inc. 1 6.63% $3,853
    Morgan Stanley Private Bank 1 6.05% $4,279
    Century Mortgage Company DBA Century Lending Company 1 6.63% $12,720
    AMERICAN FINANCING CORPORATION 1 6.38% $5,115
    First Federal Bank of the Midwest 1 7.13% $3,536
    Mr. Cooper ( Nationstar Mortgage ) 1 5.99% $4,951
    University Bank 1 7.99% $3,370
    USAA Federal Savings Bank 1 6.00% $5,296
    NexBank 1 6.13% $2,846
    OMNI Community Credit Union 1 7.00% $2,228
    PLAZA HOME MORTGAGE, INC. 1 6.63% $3,758
    CARDINAL FINANCIAL 1 6.63% $1,881
    Axos Bank 1 7.50% $2,155
    ZILLOW HOME LOANS, LLC 1 6.63% $3,106
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.75% $3,504
    AXIA FINANCIAL, LLC 1 7.63% $4,267
    ROSS MORTGAGE CORPORATION 1 7.13% $4,302
    RUOFF MORTGAGE COMPANY, INC. 1 5.88% $6,618
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.13% $3,952
    GENISYS 1 6.38% $2,251
    FirstBank 1 6.99% $3,647
    GUILD MORTGAGE COMPANY 1 6.38% $4,639
    FinancialEdge Community Credit Union 1 6.88% $2,730
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.00% $4,114
    ELGA CREDIT UNION 1 8.13% $3,647
    AAC Credit Union 1 6.75% $1,990
    STOCKTON MORTGAGE CORPORATION 1 7.00% $5,025
    AMERISAVE MORTGAGE CORPORATION 1 7.13% $13,176
    CONSUMERS 1 7.13% $3,805
    J. VIRGIL, INC. 1 6.63% $2,837
    COMMUNITY FINANCIAL CREDIT UNION 1 7.88% $2,423

    MIDLAND Average Closing Costs & Other Stats

    MIDLAND, MI's 84 lenders originated 1,635 loans during 2024. The total origination value was $295,865,000, with an average loan value of $180,957.

    MIDLAND's average closing costs are $3,925.

    The top MIDLAND lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 76 loans originated. Their average total fees are $4,925, which is $1,749 higher than the next largest lender, DOW CHEMICAL EMPLOYEES'.

    The lowest fee MIDLAND lenders (with over 10 loans originated) are Frankenmuth Credit Union ($2,311), MEMBERS FIRST Credit Union ($2,529), DOW CHEMICAL EMPLOYEES' ($3,177), Isabella Bank ($3,205) and Mercantile Bank of Michigan ($3,759).

    The lowest rate MIDLAND lenders (with over 10 loans originated) are Isabella Bank (6.16%), MEMBERS FIRST Credit Union (6.72%), FIRST COMMUNITY MORTGAGE, INC. (6.75%), Mercantile Bank of Michigan (6.80%) and QUICKEN LOANS, LLC (6.83%).

    MIDLAND, 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
    UNITED WHOLESALE MORTGAGE, LLC $13,855,000 $28,390,000 104.9% 9.6%
    DOW CHEMICAL EMPLOYEES' $29,655,000 $27,585,000 -7.0% 9.3%
    QUICKEN LOANS, LLC $25,825,000 $24,650,000 -4.5% 8.3%
    The Huntington National Bank $17,410,000 $21,740,000 24.9% 7.3%
    Isabella Bank $13,295,000 $20,105,000 51.2% 6.8%
    STAUNTON FINANCIAL, INC. $8,385,000 $15,220,000 81.5% 5.1%
    FIRST COMMUNITY MORTGAGE, INC. $13,180,000 $13,430,000 1.9% 4.5%
    Wildfire Credit Union $7,595,000 $8,110,000 6.8% 2.7%
    MEMBERS FIRST Credit Union $2,600,000 $7,360,000 183.1% 2.5%
    CANOPY MORTGAGE, LLC $535,000 $7,110,000 1,229.0% 2.4%
    Horizon Bank $6,450,000 $6,970,000 8.1% 2.4%
    Frankenmuth Credit Union $13,190,000 $6,185,000 -53.1% 2.1%
    Mortgage Research Center, LLC $5,025,000 $5,580,000 11.0% 1.9%
    Mercantile Bank of Michigan $4,555,000 $5,070,000 11.3% 1.7%
    GENEVA FINANCIAL, LLC $1,910,000 $4,210,000 120.4% 1.4%
    LAKE MICHIGAN CREDIT UNION $1,950,000 $4,070,000 108.7% 1.4%
    GreenStone Farm Credit Services, FLCA $1,860,000 $3,375,000 81.5% 1.1%
    The Dart Bank $6,520,000 $3,325,000 -49.0% 1.1%
    1st State Financial, Ltd. $5,640,000 $3,070,000 -45.6% 1.0%
    GUARANTEED RATE, INC. $495,000 $2,950,000 496.0% 1.0%
    FREEDOM MORTGAGE CORPORATION $1,410,000 $2,695,000 91.1% 0.9%
    JPMorgan Chase Bank $1,525,000 $2,450,000 60.7% 0.8%
    Fifth Third Bank $1,845,000 $2,405,000 30.4% 0.8%
    NAVY FEDERAL CREDIT UNION $1,870,000 $2,185,000 16.8% 0.7%
    JOLT CREDIT UNION $2,050,000 $2,145,000 4.6% 0.7%
    Independent Bank $3,710,000 $2,075,000 -44.1% 0.7%
    BLG HOLDINGS, INC. $635,000 $1,800,000 183.5% 0.6%
    PNC Bank $1,845,000 $1,565,000 -15.2% 0.5%
    American Mortgage & Equity Consultants, Inc. $645,000 $1,540,000 138.8% 0.5%
    Flagstar Bank, FSB $1,135,000 $1,475,000 30.0% 0.5%
    DAS Acquisition Company, LLC $480,000 $1,440,000 200.0% 0.5%
    United Bay Community Credit Union $570,000 $1,440,000 152.6% 0.5%
    CREDIT UNION ONE $915,000 $1,425,000 55.7% 0.5%
    U.S. Bank $120,000 $1,425,000 1,087.5% 0.5%
    LAKEVIEW LOAN SERVICING, LLC $185,000 $1,340,000 624.3% 0.5%
    UNION HOME MORTGAGE CORP. $1,070,000 $1,335,000 24.8% 0.5%
    PREMIA MORTGAGE, LLC $670,000 $1,325,000 97.8% 0.4%
    GUILD MORTGAGE COMPANY $165,000 $1,280,000 675.8% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $1,900,000 $1,240,000 -34.7% 0.4%
    LOANPAL, LLC $1,240,000 n/a 0.4%
    PENNYMAC LOAN SERVICES, LLC $3,230,000 $1,225,000 -62.1% 0.4%
    LOANDEPOT.COM, LLC $785,000 $1,205,000 53.5% 0.4%
    NEWREZ LLC $840,000 $1,200,000 42.9% 0.4%
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $1,645,000 $1,140,000 -30.7% 0.4%
    FINANCIAL PLUS CREDIT UNION $710,000 $1,115,000 57.0% 0.4%
    MORTGAGE 1 INCORPORATED $1,515,000 $1,030,000 -32.0% 0.3%
    BROKER SOLUTIONS, INC. $160,000 $960,000 500.0% 0.3%
    HEALTH ADVANTAGE FEDERAL CREDIT UNION $225,000 $960,000 326.7% 0.3%
    NEW DAY FINANCIAL, LLC $1,310,000 $920,000 -29.8% 0.3%
    UNITED FINANCIAL Credit Union $525,000 $900,000 71.4% 0.3%
    First Merchants Bank $880,000 n/a 0.3%
    J. VIRGIL, INC. $980,000 $840,000 -14.3% 0.3%
    GVC MORTGAGE, INC. $1,075,000 $795,000 -26.0% 0.3%
    MORTGAGE CENTER L.C $595,000 $780,000 31.1% 0.3%
    MICHIGAN MUTUAL, INC. $1,590,000 $775,000 -51.3% 0.3%
    United Bank of Michigan $770,000 n/a 0.3%
    Preston Home Loans Inc $920,000 $755,000 -17.9% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $1,325,000 $705,000 -46.8% 0.2%
    21ST MORTGAGE CORPORATION $800,000 $695,000 -13.1% 0.2%
    Discover Bank $550,000 $675,000 22.7% 0.2%
    Wells Fargo Bank $460,000 $665,000 44.6% 0.2%
    TEAM ONE CREDIT UNION $225,000 $645,000 186.7% 0.2%
    AXIA FINANCIAL, LLC $635,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $1,120,000 $625,000 -44.2% 0.2%
    Figure Lending LLC $235,000 $605,000 157.4% 0.2%
    ROSS MORTGAGE CORPORATION $985,000 $590,000 -40.1% 0.2%
    TJC Mortgage, Inc. $590,000 n/a 0.2%
    Citizens Bank $465,000 $580,000 24.7% 0.2%
    Morgan Stanley Private Bank $205,000 $575,000 180.5% 0.2%
    UNIVERSITY OF MICHIGAN CREDIT UNION $540,000 n/a 0.2%
    AmeriHome Mortgage Company, LLC $510,000 n/a 0.2%
    First Independence Bank $660,000 $510,000 -22.7% 0.2%
    AMERICAN FINANCING CORPORATION $375,000 $505,000 34.7% 0.2%
    Comerica Bank $790,000 $450,000 -43.0% 0.2%
    Dort Financial Credit Union $25,000 $410,000 1,540.0% 0.1%
    DOMINION FINANCIAL SERVICES, LLC $400,000 n/a 0.1%
    Foundation One Bank $395,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $395,000 n/a 0.1%
    MILEND, INC. $390,000 n/a 0.1%
    SPRING EQ, LLC $120,000 $375,000 212.5% 0.1%
    NBKC BANK $365,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $310,000 $355,000 14.5% 0.1%
    TOP FLITE FINANCIAL, INC. $405,000 $350,000 -13.6% 0.1%
    First Federal Bank of the Midwest $345,000 n/a 0.1%
    CARDINAL FINANCIAL $7,675,000 $330,000 -95.7% 0.1%
    PLANET HOME LENDING, LLC $330,000 n/a 0.1%
    CMG MORTGAGE, INC. $325,000 n/a 0.1%
    LEADERONE FINANCIAL CORPORATION $165,000 $315,000 90.9% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $305,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $390,000 $300,000 -23.1% 0.1%
    CORNERSTONE HOME LENDING, INC. $295,000 n/a 0.1%
    FinancialEdge Community Credit Union $220,000 $285,000 29.5% 0.1%
    Barrington Bank & Trust Company, N.A. $280,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $205,000 $275,000 34.1% 0.1%
    Century Mortgage Company DBA Century Lending Company $275,000 n/a 0.1%
    The Loan Store, Inc. $275,000 n/a 0.1%
    CONSUMERS $315,000 $270,000 -14.3% 0.1%
    CHURCHILL MORTGAGE CORPORATION $135,000 $260,000 92.6% 0.1%
    POINT Mortgage $255,000 n/a 0.1%
    Ally Bank $125,000 $250,000 100.0% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $175,000 $250,000 42.9% 0.1%
    USAA Federal Savings Bank $1,340,000 $250,000 -81.3% 0.1%
    Prosperity Home Mortgage, LLC $345,000 $245,000 -29.0% 0.1%
    ELGA CREDIT UNION $70,000 $235,000 235.7% 0.1%
    Lake Trust Credit Union $105,000 $235,000 123.8% 0.1%
    MICHIGAN ONE COMMUNITY Credit Union $235,000 n/a 0.1%
    MICHIGAN SCHOOLS AND GOVERNMENT $890,000 $235,000 -73.6% 0.1%
    COMMUNITY FINANCIAL CREDIT UNION $230,000 n/a 0.1%
    AAC Credit Union $205,000 $225,000 9.8% 0.1%
    Northpointe Bank $530,000 $225,000 -57.5% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $215,000 n/a 0.1%
    Great Lakes Federal Credit Union $170,000 $210,000 23.5% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $405,000 $205,000 -49.4% 0.1%
    FirstBank $205,000 n/a 0.1%
    NexBank $275,000 $205,000 -25.5% 0.1%
    Third Federal Savings and Loan Association of Cleveland $205,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $330,000 $205,000 -37.9% 0.1%
    BIRMINGHAM-BLOOMFIELD Credit Union $195,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $145,000 $195,000 34.5% 0.1%
    SUCCESS MORTGAGE PARTNERS, INC. $290,000 $195,000 -32.8% 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $205,000 $185,000 -9.8% 0.1%
    Macatawa Bank $185,000 n/a 0.1%
    GENISYS $390,000 $180,000 -53.8% 0.1%
    Equity Prime Mortgage LLC $175,000 $175,000 0.0% 0.1%
    PLAZA HOME MORTGAGE, INC. $155,000 $165,000 6.5% 0.1%
    Carrington Mortgage Services, LLC $300,000 $155,000 -48.3% 0.1%
    State Department Federal Credit Union $155,000 n/a 0.1%
    University Bank $155,000 n/a 0.1%
    Coastal Community Bank $70,000 $145,000 107.1% 0.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $610,000 $145,000 -76.2% 0.0%
    FINANCE OF AMERICA REVERSE LLC $140,000 $145,000 3.6% 0.0%
    RUOFF MORTGAGE COMPANY, INC. $145,000 n/a 0.0%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $135,000 n/a 0.0%
    LENDINGONE, LLC $435,000 $115,000 -73.6% 0.0%
    MICHIGAN FIRST CREDIT UNION $115,000 n/a 0.0%
    Bank of America $935,000 $105,000 -88.8% 0.0%
    BETTER MORTGAGE CORPORATION $95,000 n/a 0.0%
    OMNI Community Credit Union $85,000 n/a 0.0%
    STOCKTON MORTGAGE CORPORATION $85,000 n/a 0.0%
    Axos Bank $75,000 n/a 0.0%
    SECURITY CREDIT UNION $65,000 n/a 0.0%
    The State Bank $75,000 $65,000 -13.3% 0.0%
    AGRICULTURE Federal Credit Union $35,000 n/a 0.0%

    MIDLAND's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 9.6% market share. In second place, with 9.3%, is DOW CHEMICAL EMPLOYEES', having originated $27,585,000 in loans. In third place, with 8.3%, is QUICKEN LOANS, LLC, having originated $24,650,000 in loans. In fourth place, with 7.3%, is The Huntington National Bank, having originated $21,740,000 in loans. In fifth place, with 6.8%, is Isabella Bank, having originated $20,105,000 in loans.

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

    Realtor.com - MIDLAND (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 $170,000 (20.4%) $237,977 (21.6%) 0.00 264
    2018-02-01 $176,125 (21.6%) $247,667 (18.0%) 0.00 245
    2018-03-01 $170,000 (13.4%) $239,527 (8.0%) 0.00 278
    2018-04-01 $179,950 (7.8%) $242,963 (5.1%) 0.00 268
    2018-05-01 $184,875 (5.7%) $246,849 (5.8%) 0.00 280
    2018-06-01 $187,500 (6.6%) $245,178 (5.5%) 0.00 314
    2018-07-01 $186,250 (12.2%) $243,455 (3.9%) 0.00 335
    2018-08-01 $189,250 (14.8%) $240,566 (7.8%) 0.00 342
    2018-09-01 $180,000 (6.5%) $238,865 (5.9%) 0.00 368
    2018-10-01 $189,800 (12.9%) $241,973 (7.4%) 0.00 352
    2018-11-01 $173,075 (-0.4%) $229,689 (-1.7%) 0.00 334
    2018-12-01 $175,000 (1.0%) $231,189 (-3.0%) 0.00 278
    2019-01-01 $174,950 (2.9%) $230,634 (-3.1%) 0.00 242
    2019-02-01 $184,919 (5.0%) $242,460 (-2.1%) 0.00 240
    2019-03-01 $192,336 (13.1%) $245,927 (2.7%) 0.00 232
    2019-04-01 $199,250 (10.7%) $248,438 (2.3%) 0.00 234
    2019-05-01 $219,675 (18.8%) $258,446 (4.7%) 0.00 256
    2019-06-01 $200,000 (6.7%) $251,455 (2.6%) 0.00 279
    2019-07-01 $213,625 (14.7%) $254,787 (4.7%) 0.00 300
    2019-08-01 $201,818 (6.6%) $246,928 (2.6%) 0.00 313
    2019-09-01 $189,545 (5.3%) $234,824 (-1.7%) 0.00 329
    2019-10-01 $183,814 (-3.2%) $226,148 (-6.5%) 0.00 338
    2019-11-01 $187,900 (8.6%) $231,139 (0.6%) 0.00 314
    2019-12-01 $178,725 (2.1%) $229,499 (-0.7%) 0.00 289
    2020-01-01 $174,748 (-0.1%) $227,188 (-1.5%) 0.00 252
    2020-02-01 $199,900 (8.1%) $251,957 (3.9%) 0.00 213
    2020-03-01 $228,475 (18.8%) $271,457 (10.4%) 0.00 200
    2020-04-01 $240,725 (20.8%) $280,087 (12.7%) 0.00 181
    2020-05-01 $238,900 (8.8%) $285,885 (10.6%) 0.00 177
    2020-06-01 $243,575 (21.8%) $292,910 (16.5%) 0.00 163
    2020-07-01 $241,975 (13.3%) $279,739 (9.8%) 0.00 147
    2020-08-01 $229,900 (13.9%) $278,802 (12.9%) 0.00 143
    2020-09-01 $225,000 (18.7%) $281,342 (19.8%) 0.00 139
    2020-10-01 $189,900 (3.3%) $247,044 (9.2%) 0.00 149
    2020-11-01 $199,900 (6.4%) $260,714 (12.8%) 0.00 133
    2020-12-01 $200,950 (12.4%) $259,939 (13.3%) 0.00 128
    2021-01-01 $202,500 (15.9%) $280,765 (23.6%) 0.00 91
    2021-02-01 $193,225 (-3.3%) $288,397 (14.5%) 0.00 76
    2021-03-01 $255,975 (12.0%) $322,537 (18.8%) 0.00 79
    2021-04-01 $268,725 (11.6%) $311,188 (11.1%) 0.00 85
    2021-05-01 $252,500 (5.7%) $319,865 (11.9%) 0.00 102
    2021-06-01 $277,000 (13.7%) $347,660 (18.7%) 0.00 105
    2021-07-01 $255,900 (5.8%) $329,334 (17.7%) 0.00 126
    2021-08-01 $244,200 (6.2%) $304,777 (9.3%) 0.00 118
    2021-09-01 $231,175 (2.7%) $292,642 (4.0%) 0.00 106
    2021-10-01 $222,000 (16.9%) $268,556 (8.7%) 0.00 108
    2021-11-01 $199,425 (-0.2%) $266,664 (2.3%) 0.00 98
    2021-12-01 $208,675 (3.8%) $280,370 (7.9%) 0.00 71
    2022-01-01 $217,450 (7.4%) $287,281 (2.3%) 0.00 57
    2022-02-01 $248,417 (28.6%) $332,530 (15.3%) 0.00 51
    2022-03-01 $228,750 (-10.6%) $337,961 (4.8%) 0.00 56
    2022-04-01 $264,450 (-1.6%) $332,199 (6.8%) 0.00 59
    2022-05-01 $252,675 (0.1%) $323,621 (1.2%) 0.00 79
    2022-06-01 $284,475 (2.7%) $327,631 (-5.8%) 0.00 93
    2022-07-01 $293,500 (14.7%) $335,666 (1.9%) 0.00 96
    2022-08-01 $292,450 (19.8%) $328,058 (7.6%) 0.00 102
    2022-09-01 $295,200 (27.7%) $321,166 (9.8%) 0.00 95
    2022-10-01 $240,000 (8.1%) $314,597 (17.1%) 0.00 110
    2022-11-01 $225,000 (12.8%) $311,973 (17.0%) 0.00 99
    2022-12-01 $224,900 (7.8%) $307,151 (9.6%) 0.00 79
    2023-01-01 $223,575 (2.8%) $308,491 (7.4%) 0.00 58
    2023-02-01 $241,475 (-2.8%) $330,429 (-0.6%) 0.00 56
    2023-03-01 $227,125 (-0.7%) $340,813 (0.8%) 0.00 57
    2023-04-01 $292,500 (10.6%) $341,803 (2.9%) 0.00 62
    2023-05-01 $302,500 (19.7%) $337,682 (4.4%) 0.00 68
    2023-06-01 $306,225 (7.7%) $337,569 (3.0%) 0.00 74
    2023-07-01 $309,900 (5.6%) $342,927 (2.2%) 0.00 85
    2023-08-01 $303,700 (3.9%) $336,828 (2.7%) 0.00 106
    2023-09-01 $309,500 (4.8%) $332,092 (3.4%) 0.00 101
    2023-10-01 $289,975 (20.8%) $321,728 (2.3%) 0.00 102
    2023-11-01 $288,250 (28.1%) $318,956 (2.2%) 0.00 110
    2023-12-01 $279,500 (24.3%) $312,123 (1.6%) 0.00 104
    2024-01-01 $287,975 (28.8%) $335,092 (8.6%) 0.00 91
    2024-02-01 $287,425 (19.0%) $334,007 (1.1%) 0.00 68
    2024-03-01 $299,000 (31.7%) $334,977 (-1.7%) 0.00 73
    2024-04-01 $316,250 (8.1%) $361,086 (5.6%) 0.00 79
    2024-05-01 $323,900 (7.1%) $355,481 (5.3%) 0.00 81
    2024-06-01 $348,700 (13.9%) $369,354 (9.4%) 0.00 80
    2024-07-01 $304,875 (-1.6%) $369,514 (7.8%) 0.00 83
    2024-08-01 $326,500 (7.5%) $426,747 (26.7%) 0.00 115
    2024-09-01 $312,500 (1.0%) $408,263 (22.9%) 0.00 131
    2024-10-01 $306,225 (5.6%) $395,032 (22.8%) 0.00 136
    2024-11-01 $307,350 (6.6%) $380,920 (19.4%) 0.00 126
    2024-12-01 $265,000 (-5.2%) $350,120 (12.2%) 0.00 118
    2025-01-01 $272,400 (-5.4%) $359,430 (7.3%) 0.00 105
    2025-02-01 $287,500 (0.0%) $384,849 (15.2%) 0.00 96
    2025-03-01 $292,500 (-2.2%) $382,815 (14.3%) 0.00 101
    2025-04-01 $333,475 (5.5%) $413,022 (14.4%) 0.00 110
    MIDLAND's median listing price for 2025-04-01 was $333,475, a difference of $17,225 (5.5%) versus the prior year and $40,975 versus the prior month.

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

    MIDLAND's average listing price for 2025-04-01 was $413,022, a difference of $51,936 (14.4%) versus the prior year and $30,207 versus the prior month.

    For the 2025-04-01 period, MIDLAND had 110 MLS listings, a difference of 9 listings (9%) versus the prior month and 31 listings (39%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - MIDLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,795 sqft
    2018-02-01 0 days 1,801 sqft
    2018-03-01 0 days 1,790 sqft
    2018-04-01 0 days 1,793 sqft
    2018-05-01 0 days 1,763 sqft
    2018-06-01 0 days 1,758 sqft
    2018-07-01 0 days 1,752 sqft
    2018-08-01 0 days 1,802 sqft
    2018-09-01 0 days 1,907 sqft
    2018-10-01 0 days 2,050 sqft
    2018-11-01 0 days 2,032 sqft
    2018-12-01 0 days 1,978 sqft
    2019-01-01 0 days 1,956 sqft
    2019-02-01 0 days 1,977 sqft
    2019-03-01 0 days 1,885 sqft
    2019-04-01 0 days 1,808 sqft
    2019-05-01 0 days 1,883 sqft
    2019-06-01 0 days 1,857 sqft
    2019-07-01 0 days 1,830 sqft
    2019-08-01 0 days 1,809 sqft
    2019-09-01 0 days 1,780 sqft
    2019-10-01 0 days 1,754 sqft
    2019-11-01 0 days 1,764 sqft
    2019-12-01 0 days 1,738 sqft
    2020-01-01 0 days 1,730 sqft
    2020-02-01 0 days 1,788 sqft
    2020-03-01 0 days 1,832 sqft
    2020-04-01 0 days 1,830 sqft
    2020-05-01 0 days 1,848 sqft
    2020-06-01 0 days 1,898 sqft
    2020-07-01 0 days 1,838 sqft
    2020-08-01 0 days 1,921 sqft
    2020-09-01 0 days 1,808 sqft
    2020-10-01 0 days 1,631 sqft
    2020-11-01 0 days 1,688 sqft
    2020-12-01 0 days 1,791 sqft
    2021-01-01 0 days 1,813 sqft
    2021-02-01 0 days 1,632 sqft
    2021-03-01 0 days 1,715 sqft
    2021-04-01 0 days 1,661 sqft
    2021-05-01 0 days 1,647 sqft
    2021-06-01 0 days 1,796 sqft
    2021-07-01 0 days 1,809 sqft
    2021-08-01 0 days 1,807 sqft
    2021-09-01 0 days 1,807 sqft
    2021-10-01 0 days 1,736 sqft
    2021-11-01 0 days 1,726 sqft
    2021-12-01 0 days 1,809 sqft
    2022-01-01 0 days 1,608 sqft
    2022-02-01 0 days 1,738 sqft
    2022-03-01 0 days 1,615 sqft
    2022-04-01 0 days 1,650 sqft
    2022-05-01 0 days 1,756 sqft
    2022-06-01 0 days 1,881 sqft
    2022-07-01 0 days 1,881 sqft
    2022-08-01 0 days 1,749 sqft
    2022-09-01 0 days 1,711 sqft
    2022-10-01 0 days 1,708 sqft
    2022-11-01 0 days 1,677 sqft
    2022-12-01 0 days 1,600 sqft
    2023-01-01 0 days 1,624 sqft
    2023-02-01 0 days 1,638 sqft
    2023-03-01 0 days 1,617 sqft
    2023-04-01 0 days 1,726 sqft
    2023-05-01 0 days 1,717 sqft
    2023-06-01 0 days 1,736 sqft
    2023-07-01 0 days 1,800 sqft
    2023-08-01 0 days 1,832 sqft
    2023-09-01 0 days 1,847 sqft
    2023-10-01 0 days 1,833 sqft
    2023-11-01 0 days 1,818 sqft
    2023-12-01 0 days 1,711 sqft
    2024-01-01 0 days 1,734 sqft
    2024-02-01 0 days 1,672 sqft
    2024-03-01 0 days 1,762 sqft
    2024-04-01 0 days 1,642 sqft
    2024-05-01 0 days 1,790 sqft
    2024-06-01 0 days 1,760 sqft
    2024-07-01 0 days 1,745 sqft
    2024-08-01 0 days 1,846 sqft
    2024-09-01 0 days 1,820 sqft
    2024-10-01 0 days 1,808 sqft
    2024-11-01 0 days 1,757 sqft
    2024-12-01 0 days 1,687 sqft
    2025-01-01 0 days 1,718 sqft
    2025-02-01 0 days 1,868 sqft
    2025-03-01 0 days 1,869 sqft
    2025-04-01 0 days 1,921 sqft
    MIDLAND's median listing age (time on market) for 2025-04-01 was 0 days.

    MIDLAND's median square footage for active listings during the 2025-04-01 period was 1,921 sqft. One year prior, the average listing was 1,642 sqft.

    MIDLAND, MI Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 903 $203,425,000 $225,277
    Other 214 $18,110,000 $84,626
    Cash Out Refi 199 $28,345,000 $142,437
    Home Improvement 163 $12,065,000 $74,018
    Refi 156 $33,920,000 $217,436

    Midland's most frequently cited loan purpose was Home Purchase, with 903 originations. The 2nd most popular reason was Other, with 214 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 651 $137,285,000 $210,883
    Over 8% 378 $33,710,000 $89,180
    7-8% 294 $61,380,000 $208,776
    5-6% 186 $41,660,000 $223,978
    <2.5% 6 $30,000 $5,000
    4-5% 6 $910,000 $151,667

    During 2024, Midland's most frequently originated rate bucket was 6-7%, with 651 originations.

    Loan Sizing (MIDLAND, MI MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 620 $91,150,000 $147,016
    $100,000 or less 478 $27,800,000 $58,159
    $200k-400k 441 $120,425,000 $273,073
    $400k-600k 69 $33,245,000 $481,812
    $600k-1000k 23 $17,225,000 $748,913
    $Over $1MM 4 $6,020,000 $1,505,000

    MIDLAND's loan sizing saw the bucket of loans from $100k-200k with 620 originations, totaling $91,150,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 637 $151,995,000 $238,611
    60-80% 320 $67,480,000 $210,875
    20-40% 241 $20,415,000 $84,710
    Under 20% 152 $6,280,000 $41,316
    40-60% 133 $21,035,000 $158,158
    Over 100% 9 $3,235,000 $359,444

    MIDLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 637 originations, totaling $151,995,000 in origination value.