Norwalk Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Norwalk averaged 6.11% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.17% and one month ago for the week of 2024-08-29, the average rate was 6.64%.

Norwalk's average rate one year ago was 7.6%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.52%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Norwalk 30 Year Fixed Rate 2024-10-03 6.11%
Norwalk 30 Year Fixed Rate Refi 2024-10-03 6.52%
Norwalk 15 Year Fixed Rate 2024-10-03 5.15%
Norwalk 15 Year Fixed Rate Refi 2024-10-03 5.25%
Norwalk 30 Year FHA 2024-10-03 6.05%
Norwalk 30 Year FHA Refi 2024-10-03 5.99%
Norwalk 30 Year USDA 2024-10-03 5.87%
Norwalk 30 Year USDA Refi 2024-10-03 5.77%
Norwalk 30 Year VA 2024-10-03 5.7%
Norwalk 30 Year VA Refi 2024-10-03 5.6%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Norwalk, OH.

Norwalk 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 Norwalk, OH 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNION HOME MORTGAGE CORP. 38 7.16% $6,122
QUICKEN LOANS, LLC 27 6.95% $6,403
CROSSCOUNTRY MORTGAGE, LLC 24 7.21% $6,056
KeyBank 22 6.83% $4,031
Civista Bank 19 6.49% $3,691
The Croghan Colonial Bank 11 6.19% $3,533
First Federal Bank of the Midwest 10 6.99% $3,780
The Huntington National Bank 9 7.14% $4,648
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 9 6.82% $3,867
PNC Bank 8 6.95% $3,888
LOANDEPOT.COM, LLC 6 7.14% $4,752
YOUR HOME FINANCIAL LLC 5 6.75% $5,039
Farm Credit Mid-America, ACA 5 7.15% $5,248
RUOFF MORTGAGE COMPANY, INC. 4 6.75% $4,146
Directions Credit Union, Inc. 4 6.31% $0
The Park National Bank 4 6.59% $3,854
First Federal Savings and Loan Association of Lorain 3 6.41% $5,433
First National Bank of Bellevue 3 6.04% $3,189
RELIANCE FIRST CAPITAL, LLC 3 7.29% $4,036
UNION CAPITAL MORTGAGE CORPORATION 3 6.63% $4,151
Mechanics Bank 3 6.26% $2,445
Fifth Third Bank 3 7.33% $4,287
THE EQUITABLE MORTGAGE CORPORATION 3 6.79% $2,574
Dollar Bank, Federal Savings Bank 3 6.67% $7,345
First Federal Savings and Loan Association of Lakewood 3 6.68% $6,626
ZILLOW HOME LOANS, LLC 2 8.31% $8,088
Flagstar Bank, FSB 2 6.50% $4,389
Magnolia Bank 2 6.87% $4,905
The Old Fort Banking Company 2 6.38% $2,416
UNITED WHOLESALE MORTGAGE, LLC 2 5.81% $7,344
NORTHERN MORTGAGE SERVICES, LLC 1 7.13% $8,683
PENNYMAC LOAN SERVICES, LLC 1 5.62% $7,265
MORTGAGE ACCESS CORP. 1 7.13% $5,080
HOWARD HANNA FINANCIAL SERVICES, INC. 1 6.52% $3,649
GUILD MORTGAGE COMPANY 1 7.25% $5,945
GUARANTEED RATE, INC. 1 6.88% $7,310
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.25% $1,903
FIRST COMMUNITY MORTGAGE, INC. 1 6.99% $6,380
FIRST CENTENNIAL MORTGAGE CORPORATION 1 7.00% $7,294
The Federal Savings Bank 1 6.63% $2,514
The Genoa Banking Company 1 6.50% $3,060
EQUITY RESOURCES, INC. 1 6.25% $6,028
Ally Bank 1 6.88% $3,557
CMG MORTGAGE, INC. 1 7.99% $4,506
The State Bank and Trust Company 1 6.75% $4,733
The Union Bank Company 1 7.88% $3,889
Citizens Bank 1 6.75% $9,409
Armed Forces Bank 1 6.88% $2,495
ALLIED MORTGAGE GROUP, INC. 1 6.38% $6,215
NAVY FEDERAL CREDIT UNION 1 6.88% $2,280
NFM, INC. 1 6.99% $3,808

Norwalk Average Closing Costs & Other Stats

Norwalk, OH's 51 lenders originated 821 loans during 2023. The total origination value was $115,935,000, with an average loan value of $141,212.

Norwalk's average closing costs are $4,574.

The top Norwalk lender as defined by loan originations is UNION HOME MORTGAGE CORP., with 38 loans originated. Their average total fees are $6,122, which is $281 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Norwalk lenders (with over 10 loans originated) are The Croghan Colonial Bank ($3,533), Civista Bank ($3,691), First Federal Bank of the Midwest ($3,780), KeyBank ($4,031) and CROSSCOUNTRY MORTGAGE, LLC ($6,056).

The lowest rate Norwalk lenders (with over 10 loans originated) are The Croghan Colonial Bank (6.19%), Civista Bank (6.49%), KeyBank (6.83%), QUICKEN LOANS, LLC (6.95%) and First Federal Bank of the Midwest (6.99%).

Norwalk, OH 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
QUICKEN LOANS, LLC $16,710,000 $11,220,000 -32.9% 9.7%
UNION HOME MORTGAGE CORP. $12,055,000 $11,020,000 -8.6% 9.5%
CROSSCOUNTRY MORTGAGE, LLC $5,415,000 $7,700,000 42.2% 6.6%
Civista Bank $10,905,000 $6,930,000 -36.5% 6.0%
First Federal Bank of the Midwest $5,275,000 $6,925,000 31.3% 6.0%
KeyBank $9,965,000 $6,710,000 -32.7% 5.8%
PNC Bank $9,495,000 $5,950,000 -37.3% 5.1%
The Huntington National Bank $7,765,000 $5,245,000 -32.5% 4.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,800,000 $2,405,000 -58.5% 2.1%
AG Credit, Agricultural Credit Association $3,590,000 $2,220,000 -38.2% 1.9%
UNITED WHOLESALE MORTGAGE, LLC $4,560,000 $2,195,000 -51.9% 1.9%
Mortgage Research Center, LLC $3,130,000 $2,055,000 -34.3% 1.8%
YOUR HOME FINANCIAL LLC $1,605,000 $1,720,000 7.2% 1.5%
The Croghan Colonial Bank $2,895,000 $1,500,000 -48.2% 1.3%
Farm Credit Mid-America, ACA $940,000 $1,450,000 54.3% 1.3%
Mechanics Bank $2,495,000 $1,325,000 -46.9% 1.1%
PLAZA HOME MORTGAGE, INC. $590,000 $1,315,000 122.9% 1.1%
LOANDEPOT.COM, LLC $2,935,000 $1,250,000 -57.4% 1.1%
First National Bank of Bellevue $1,140,000 $1,245,000 9.2% 1.1%
First Federal Savings and Loan Association of Lakewood $3,485,000 $1,210,000 -65.3% 1.0%
Fifth Third Bank $2,275,000 $1,145,000 -49.7% 1.0%
First Federal Savings and Loan Association of Lorain $1,820,000 $1,090,000 -40.1% 0.9%
Dollar Bank, Federal Savings Bank $240,000 $1,055,000 339.6% 0.9%
RUOFF MORTGAGE COMPANY, INC. $570,000 $1,045,000 83.3% 0.9%
MUTUAL OF OMAHA MORTGAGE, INC. $165,000 $1,000,000 506.1% 0.9%
Directions Credit Union, Inc. $1,485,000 $990,000 -33.3% 0.9%
The Park National Bank $435,000 $990,000 127.6% 0.9%
UNION CAPITAL MORTGAGE CORPORATION $900,000 n/a 0.8%
NAVY FEDERAL CREDIT UNION $1,490,000 $845,000 -43.3% 0.7%
Sutton Bank $2,305,000 $825,000 -64.2% 0.7%
NORTHERN MORTGAGE SERVICES, LLC $395,000 $805,000 103.8% 0.7%
The Apple Creek Banking Company $765,000 n/a 0.7%
BROKER SOLUTIONS, INC. $1,355,000 $735,000 -45.8% 0.6%
Northwest Bank $670,000 $650,000 -3.0% 0.6%
NFM, INC. $155,000 $635,000 309.7% 0.5%
RELIANCE FIRST CAPITAL, LLC $375,000 $625,000 66.7% 0.5%
S&T Bank $425,000 $625,000 47.1% 0.5%
ZILLOW HOME LOANS, LLC $185,000 $625,000 237.8% 0.5%
VILLAGE CAPITAL MORTGAGE $610,000 n/a 0.5%
CMG MORTGAGE, INC. $600,000 n/a 0.5%
Citizens Bank $560,000 $515,000 -8.0% 0.4%
Nations Lending Corporation $135,000 $495,000 266.7% 0.4%
Third Federal Savings and Loan Association of Cleveland $1,265,000 $485,000 -61.7% 0.4%
First Federal Bank of Ohio $630,000 $470,000 -25.4% 0.4%
1ST SIGNATURE LENDING, LLC $195,000 $465,000 138.5% 0.4%
HOMESIDE FINANCIAL, LLC $125,000 $465,000 272.0% 0.4%
PENNYMAC LOAN SERVICES, LLC $960,000 $440,000 -54.2% 0.4%
Wells Fargo Bank $955,000 $440,000 -53.9% 0.4%
Carrington Mortgage Services, LLC $800,000 $425,000 -46.9% 0.4%
HOWARD HANNA FINANCIAL SERVICES, INC. $580,000 $425,000 -26.7% 0.4%
Flagstar Bank, FSB $815,000 $415,000 -49.1% 0.4%
AMERISAVE MORTGAGE CORPORATION $590,000 $390,000 -33.9% 0.3%
NEWREZ LLC $800,000 $390,000 -51.3% 0.3%
The State Bank and Trust Company $145,000 $375,000 158.6% 0.3%
LIBERTY HOME MORTGAGE CORPORATION $230,000 $360,000 56.5% 0.3%
Discover Bank $35,000 $355,000 914.3% 0.3%
ROYAL UNITED MORTGAGE LLC $285,000 $355,000 24.6% 0.3%
First Federal Bank $345,000 n/a 0.3%
WesBanco $345,000 n/a 0.3%
First Federal Community Bank of Bucyrus $105,000 $315,000 200.0% 0.3%
GUARANTEED RATE, INC. $565,000 $315,000 -44.2% 0.3%
Buckeye Community Bank $305,000 n/a 0.3%
The Union Bank Company $390,000 $290,000 -25.6% 0.3%
DRAPER AND KRAMER MORTGAGE CORP. $85,000 $280,000 229.4% 0.2%
FIRST COMMUNITY MORTGAGE, INC. $275,000 n/a 0.2%
THE EQUITABLE MORTGAGE CORPORATION $265,000 n/a 0.2%
U.S. Bank $430,000 $265,000 -38.4% 0.2%
MORTGAGE ACCESS CORP. $255,000 n/a 0.2%
The Genoa Banking Company $515,000 $250,000 -51.5% 0.2%
FIRST CENTENNIAL MORTGAGE CORPORATION $215,000 $225,000 4.7% 0.2%
USAA Federal Savings Bank $95,000 $225,000 136.8% 0.2%
V.I.P. MORTGAGE, INC. $215,000 n/a 0.2%
Fremont Federal Credit Union $210,000 n/a 0.2%
GSF Mortgage Corporation $210,000 n/a 0.2%
Magnolia Bank $125,000 $210,000 68.0% 0.2%
MICHIGAN MUTUAL, INC. $205,000 n/a 0.2%
PREMIA MORTGAGE, LLC $205,000 n/a 0.2%
Evolve Bank & Trust $175,000 $195,000 11.4% 0.2%
FIRST ALLIANCE HOME MORTGAGE, LLC $195,000 n/a 0.2%
NATIONS DIRECT MORTGAGE, LLC $195,000 n/a 0.2%
ALLIED MORTGAGE GROUP, INC. $175,000 n/a 0.2%
SUN WEST MORTGAGE COMPANY, INC. $170,000 n/a 0.1%
First National Bank of Pennsylvania $170,000 $165,000 -2.9% 0.1%
MID AMERICA MORTGAGE, INC. $535,000 $165,000 -69.2% 0.1%
TOWNE MORTGAGE COMPANY $165,000 n/a 0.1%
The Old Fort Banking Company $160,000 n/a 0.1%
Ameris Bank $155,000 n/a 0.1%
CONTOUR MORTGAGE CORPORATION $155,000 n/a 0.1%
Sierra Pacific Mortgage Company, Inc. $175,000 $155,000 -11.4% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $145,000 n/a 0.1%
EQUITY RESOURCES, INC. $165,000 $145,000 -12.1% 0.1%
MYCUMORTGAGE, LLC $145,000 n/a 0.1%
The Federal Savings Bank $145,000 n/a 0.1%
Ally Bank $265,000 $135,000 -49.1% 0.1%
AMERICAN HERITAGE LENDING, INC. $135,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $665,000 $135,000 -79.7% 0.1%
Coastal Community Bank $130,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $105,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $75,000 $95,000 26.7% 0.1%
Armed Forces Bank $85,000 n/a 0.1%
GUILD MORTGAGE COMPANY $105,000 $85,000 -19.0% 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $85,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $75,000 n/a 0.1%
Mr. Cooper ( Nationstar Mortgage ) $2,270,000 $75,000 -96.7% 0.1%
The Merchants National Bank $75,000 n/a 0.1%
Figure Lending LLC $210,000 $50,000 -76.2% 0.0%
CENTURY $315,000 $45,000 -85.7% 0.0%
Wayne Savings Community Bank $45,000 n/a 0.0%
Signature Federal Credit Union $35,000 n/a 0.0%
ALLIANT CREDIT UNION $15,000 $25,000 66.7% 0.0%
The Farmers Savings Bank $25,000 n/a 0.0%

Norwalk's top lender by overall market share is QUICKEN LOANS, LLC, with 9.7% market share. In second place, with 9.5%, is UNION HOME MORTGAGE CORP., having originated $11,020,000 in loans. In third place, with 6.6%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $7,700,000 in loans. In fourth place, with 6.0%, is Civista Bank, having originated $6,930,000 in loans. In fifth place, with 6.0%, is First Federal Bank of the Midwest, having originated $6,925,000 in loans.


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

Realtor.com - Norwalk (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 $124,900 (16.3%) $162,044 (18.7%) 0.00 200
2018-02-01 $119,950 (22.5%) $161,302 (20.0%) 0.00 198
2018-03-01 $126,822 (20.9%) $167,550 (18.5%) 0.00 179
2018-04-01 $132,561 (20.6%) $170,193 (13.6%) 0.00 172
2018-05-01 $138,613 (13.7%) $174,461 (17.4%) 0.00 166
2018-06-01 $134,500 (7.7%) $168,997 (8.3%) 0.00 184
2018-07-01 $138,725 (18.1%) $169,138 (8.7%) 0.00 199
2018-08-01 $139,950 (16.7%) $174,482 (11.8%) 0.00 194
2018-09-01 $137,675 (18.7%) $169,312 (9.2%) 0.00 196
2018-10-01 $129,900 (13.0%) $161,275 (5.8%) 0.00 190
2018-11-01 $132,225 (12.1%) $160,280 (2.3%) 0.00 183
2018-12-01 $136,700 (5.2%) $163,706 (4.1%) 0.00 167
2019-01-01 $129,322 (3.5%) $161,148 (-0.6%) 0.00 151
2019-02-01 $119,900 (0.0%) $154,017 (-4.5%) 0.00 151
2019-03-01 $122,043 (-3.8%) $152,344 (-9.1%) 0.00 159
2019-04-01 $125,700 (-5.2%) $154,859 (-9.0%) 0.00 160
2019-05-01 $134,000 (-3.3%) $163,839 (-6.1%) 0.00 158
2019-06-01 $128,900 (-4.2%) $162,361 (-3.9%) 0.00 161
2019-07-01 $126,847 (-8.6%) $156,861 (-7.3%) 0.00 173
2019-08-01 $136,445 (-2.5%) $165,313 (-5.3%) 0.00 182
2019-09-01 $132,764 (-3.6%) $163,973 (-3.2%) 0.00 187
2019-10-01 $129,900 (0.0%) $160,416 (-0.5%) 0.00 189
2019-11-01 $129,900 (-1.8%) $159,010 (-0.8%) 0.00 167
2019-12-01 $126,450 (-7.5%) $158,520 (-3.2%) 0.00 161
2020-01-01 $129,900 (0.5%) $170,855 (6.0%) 0.00 133
2020-02-01 $132,450 (10.5%) $170,545 (10.7%) 0.00 126
2020-03-01 $132,225 (8.3%) $162,193 (6.5%) 0.00 138
2020-04-01 $137,000 (9.0%) $167,323 (8.1%) 0.00 135
2020-05-01 $129,950 (-3.0%) $162,049 (-1.1%) 0.00 114
2020-06-01 $134,900 (4.7%) $165,931 (2.2%) 0.00 94
2020-07-01 $120,400 (-5.1%) $162,921 (3.9%) 0.00 90
2020-08-01 $129,900 (-4.8%) $183,486 (11.0%) 0.00 92
2020-09-01 $133,425 (0.5%) $178,354 (8.8%) 0.00 94
2020-10-01 $144,900 (11.6%) $179,816 (12.1%) 0.00 81
2020-11-01 $127,400 (-1.9%) $158,994 (0.0%) 0.00 91
2020-12-01 $128,450 (1.6%) $150,398 (-5.1%) 0.00 80
2021-01-01 $120,000 (-7.6%) $152,237 (-10.9%) 0.00 75
2021-02-01 $122,425 (-7.6%) $141,356 (-17.1%) 0.00 62
2021-03-01 $124,925 (-5.5%) $140,712 (-13.2%) 0.00 61
2021-04-01 $128,200 (-6.4%) $154,384 (-7.7%) 0.00 54
2021-05-01 $122,900 (-5.4%) $161,055 (-0.6%) 0.00 50
2021-06-01 $127,200 (-5.7%) $154,913 (-6.6%) 0.00 59
2021-07-01 $137,450 (14.2%) $181,123 (11.2%) 0.00 68
2021-08-01 $129,900 (0.0%) $172,477 (-6.0%) 0.00 77
2021-09-01 $141,975 (6.4%) $185,389 (3.9%) 0.00 73
2021-10-01 $152,200 (5.0%) $200,738 (11.6%) 0.00 92
2021-11-01 $137,500 (7.9%) $184,400 (16.0%) 0.00 84
2021-12-01 $136,750 (6.5%) $183,917 (22.3%) 0.00 80
2022-01-01 $129,900 (8.3%) $158,975 (4.4%) 0.00 128
2022-02-01 $125,200 (2.3%) $149,591 (5.8%) 0.00 128
2022-03-01 $123,675 (-1.0%) $158,593 (12.7%) 0.00 55
2022-04-01 $119,950 (-6.4%) $183,745 (19.0%) 0.00 49
2022-05-01 $133,675 (8.8%) $210,757 (30.9%) 0.00 55
2022-06-01 $135,000 (6.1%) $214,309 (38.3%) 0.00 58
2022-07-01 $162,450 (18.2%) $240,767 (32.9%) 0.00 52
2022-08-01 $191,250 (47.2%) $260,160 (50.8%) 0.00 50
2022-09-01 $141,700 (-0.2%) $200,204 (8.0%) 0.00 68
2022-10-01 $139,900 (-8.1%) $173,844 (-13.4%) 0.00 78
2022-11-01 $145,150 (5.6%) $176,709 (-4.2%) 0.00 91
2022-12-01 $140,500 (2.7%) $179,258 (-2.5%) 0.00 94
2023-01-01 $181,150 (39.5%) $194,660 (22.5%) 0.00 61
2023-02-01 $157,475 (25.8%) $190,446 (27.3%) 0.00 42
2023-03-01 $154,950 (25.3%) $195,201 (23.1%) 0.00 38
2023-04-01 $149,450 (24.6%) $182,771 (-0.5%) 0.00 36
2023-05-01 $143,250 (7.2%) $176,950 (-16.0%) 0.00 40
2023-06-01 $149,900 (11.0%) $193,546 (-9.7%) 0.00 43
2023-07-01 $212,000 (30.5%) $246,334 (2.3%) 0.00 41
2023-08-01 $192,000 (0.4%) $233,099 (-10.4%) 0.00 48
2023-09-01 $177,400 (25.2%) $221,622 (10.7%) 0.00 57
2023-10-01 $163,200 (16.7%) $207,173 (19.2%) 0.00 56
2023-11-01 $179,925 (24.0%) $210,218 (19.0%) 0.00 62
2023-12-01 $189,900 (35.2%) $218,529 (21.9%) 0.00 56
2024-01-01 $189,675 (4.7%) $226,821 (16.5%) 0.00 56
2024-02-01 $184,675 (17.3%) $230,915 (21.3%) 0.00 46
2024-03-01 $189,950 (22.6%) $226,561 (16.1%) 0.00 38
2024-04-01 $232,225 (55.4%) $296,134 (62.0%) 0.00 41
2024-05-01 $259,450 (81.1%) $333,729 (88.6%) 0.00 49
2024-06-01 $244,900 (63.4%) $313,193 (61.8%) 0.00 48
2024-07-01 $248,450 (17.2%) $302,129 (22.7%) 0.00 50
2024-08-01 $239,900 (25.0%) $287,655 (23.4%) 0.00 51
2024-09-01 $246,450 (38.9%) $279,503 (26.1%) 0.00 64
Norwalk's median listing price for 2024-09-01 was $246,450, a difference of $69,050 (38.9%) versus the prior year and $6,550 versus the prior month.

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

Norwalk's average listing price for 2024-09-01 was $279,503, a difference of $57,881 (26.1%) versus the prior year and $-8,152 versus the prior month.

For the 2024-09-01 period, Norwalk had 64 MLS listings, a difference of 13 listings (25%) versus the prior month and 7 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Norwalk (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,728 sqft
2018-02-01 0 days 1,682 sqft
2018-03-01 0 days 1,644 sqft
2018-04-01 0 days 1,646 sqft
2018-05-01 0 days 1,728 sqft
2018-06-01 0 days 1,707 sqft
2018-07-01 0 days 1,713 sqft
2018-08-01 0 days 1,748 sqft
2018-09-01 0 days 1,698 sqft
2018-10-01 0 days 1,630 sqft
2018-11-01 0 days 1,648 sqft
2018-12-01 0 days 1,669 sqft
2019-01-01 0 days 1,629 sqft
2019-02-01 0 days 1,675 sqft
2019-03-01 0 days 1,656 sqft
2019-04-01 0 days 1,648 sqft
2019-05-01 0 days 1,632 sqft
2019-06-01 0 days 1,629 sqft
2019-07-01 0 days 1,625 sqft
2019-08-01 0 days 1,733 sqft
2019-09-01 0 days 1,751 sqft
2019-10-01 0 days 1,764 sqft
2019-11-01 0 days 1,691 sqft
2019-12-01 0 days 1,662 sqft
2020-01-01 0 days 1,730 sqft
2020-02-01 0 days 1,740 sqft
2020-03-01 0 days 1,652 sqft
2020-04-01 0 days 1,679 sqft
2020-05-01 0 days 1,634 sqft
2020-06-01 0 days 1,648 sqft
2020-07-01 0 days 1,603 sqft
2020-08-01 0 days 1,711 sqft
2020-09-01 0 days 1,659 sqft
2020-10-01 0 days 1,608 sqft
2020-11-01 0 days 1,581 sqft
2020-12-01 0 days 1,567 sqft
2021-01-01 0 days 1,495 sqft
2021-02-01 0 days 1,440 sqft
2021-03-01 0 days 1,387 sqft
2021-04-01 0 days 1,479 sqft
2021-05-01 0 days 1,463 sqft
2021-06-01 0 days 1,544 sqft
2021-07-01 0 days 1,560 sqft
2021-08-01 0 days 1,566 sqft
2021-09-01 0 days 1,571 sqft
2021-10-01 0 days 1,673 sqft
2021-11-01 0 days 1,571 sqft
2021-12-01 0 days 1,549 sqft
2022-01-01 0 days 1,344 sqft
2022-02-01 0 days 1,350 sqft
2022-03-01 0 days 1,390 sqft
2022-04-01 0 days 1,455 sqft
2022-05-01 0 days 1,482 sqft
2022-06-01 0 days 1,535 sqft
2022-07-01 0 days 1,628 sqft
2022-08-01 0 days 1,751 sqft
2022-09-01 0 days 1,561 sqft
2022-10-01 0 days 1,508 sqft
2022-11-01 0 days 1,490 sqft
2022-12-01 0 days 1,441 sqft
2023-01-01 0 days 1,567 sqft
2023-02-01 0 days 1,615 sqft
2023-03-01 0 days 1,670 sqft
2023-04-01 0 days 1,576 sqft
2023-05-01 0 days 1,556 sqft
2023-06-01 0 days 1,532 sqft
2023-07-01 0 days 1,686 sqft
2023-08-01 0 days 1,691 sqft
2023-09-01 0 days 1,648 sqft
2023-10-01 0 days 1,586 sqft
2023-11-01 0 days 1,671 sqft
2023-12-01 0 days 1,600 sqft
2024-01-01 0 days 1,667 sqft
2024-02-01 0 days 1,722 sqft
2024-03-01 0 days 1,706 sqft
2024-04-01 0 days 1,766 sqft
2024-05-01 0 days 1,813 sqft
2024-06-01 0 days 1,844 sqft
2024-07-01 0 days 1,765 sqft
2024-08-01 0 days 1,761 sqft
2024-09-01 0 days 1,676 sqft
Norwalk's median listing age (time on market) for 2024-09-01 was 0 days.

Norwalk's median square footage for active listings during the 2024-09-01 period was 1,676 sqft. One year prior, the average listing was 1,648 sqft.

Norwalk, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 450 $80,860,000 $179,689
Cash Out Refi 101 $14,005,000 $138,663
Other 99 $6,465,000 $65,303
Home Improvement 86 $5,780,000 $67,209
Refi 85 $8,825,000 $103,824

Norwalk's most frequently cited loan purpose was Home Purchase, with 450 originations. The 2nd most popular reason was Cash Out Refi, with 101 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 272 $44,130,000 $162,243
7-8% 261 $41,675,000 $159,674
Over 8% 175 $11,415,000 $65,229
5-6% 84 $14,590,000 $173,690
4-5% 4 $520,000 $130,000
3-4% 4 $610,000 $152,500
<2.5% 2 $30,000 $15,000

During 2023, Norwalk's most frequently originated rate bucket was 6-7%, with 272 originations.

Loan Sizing (Norwalk, OH MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 330 $19,640,000 $59,515
$100k-200k 330 $47,290,000 $143,303
$200k-400k 137 $36,565,000 $266,898
$400k-600k 18 $8,300,000 $461,111
$600k-1000k 6 $4,140,000 $690,000

Norwalk's loan sizing saw the bucket of loans from $100,000 or less with 330 originations, totaling $19,640,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 347 $63,755,000 $183,732
60-80% 164 $26,900,000 $164,024
20-40% 125 $8,055,000 $64,440
40-60% 81 $10,075,000 $124,383
Under 20% 76 $2,320,000 $30,526
Over 100% 5 $905,000 $181,000

Norwalk's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 347 originations, totaling $63,755,000 in origination value.