Norwalk 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 Norwalk averaged 7.09% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 6.87% and one month ago for the week of 2024-03-14, the average rate was 6.83%.

    Norwalk's average rate one year ago was 6.46%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Norwalk 30 Year Fixed Rate 2024-04-18 7.09%
    Norwalk 30 Year Fixed Rate Refi 2024-04-18 7%
    Norwalk 15 Year Fixed Rate 2024-04-18 6.29%
    Norwalk 15 Year Fixed Rate Refi 2024-04-18 6.49%
    Norwalk 30 Year FHA 2024-04-18 7.22%
    Norwalk 30 Year FHA Refi 2024-04-18 6.66%
    Norwalk 30 Year USDA 2024-04-18 6.86%
    Norwalk 30 Year USDA Refi 2024-04-18 6.66%
    Norwalk 30 Year VA 2024-04-18 6.76%
    Norwalk 30 Year VA Refi 2024-04-18 6.96%
    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
    Norwalk's median listing price for 2024-03-01 was $189,950, a difference of $35,000 (22.6%) versus the prior year and $5,275 versus the prior month.

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

    Norwalk's average listing price for 2024-03-01 was $226,561, a difference of $31,360 (16.1%) versus the prior year and $-4,354 versus the prior month.

    For the 2024-03-01 period, Norwalk had 38 MLS listings, a difference of -8 listings (-17%) versus the prior month and 0 listings (0%) 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
    Norwalk's median listing age (time on market) for 2024-03-01 was 0 days.

    Norwalk's median square footage for active listings during the 2024-03-01 period was 1,706 sqft. One year prior, the average listing was 1,670 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.