Ottawa Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Ottawa averaged
7.15%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7.34% and
one month ago for the week of 2023-08-17, the
average rate was 7.15%.
Ottawa's average rate one year ago was 6.18%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.29%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Ottawa 30 Year Fixed Rate | 2023-09-21 | 7.15% |
Ottawa 30 Year Fixed Rate Refi | 2023-09-21 | 7.29% |
Ottawa 15 Year Fixed Rate | 2023-09-21 | 6.74% |
Ottawa 15 Year Fixed Rate Refi | 2023-09-21 | 6.74% |
Ottawa 30 Year FHA | 2023-09-21 | 6.94% |
Ottawa 30 Year FHA Refi | 2023-09-21 | 7.04% |
Ottawa 30 Year USDA | 2023-09-21 | 6.82% |
Ottawa 30 Year USDA Refi | 2023-09-21 | 6.92% |
Ottawa 30 Year VA | 2023-09-21 | 7.02% |
Ottawa 30 Year VA Refi | 2023-09-21 | 6.72% |
Ottawa 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 Ottawa, KS 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.).
Ottawa Average Closing Costs & Other Stats
Ottawa, KS's 70 lenders originated 580
loans during 2022. The total origination value was $96,880,000, with an average loan value of
$167,034.
Ottawa's average closing costs are $3,832.
The top Ottawa lender as defined by loan originations is Mid-America Bank, with
26 loans originated. Their average total fees are
$2,158, which is $30
lower than the next largest lender,
NBH Bank.
The lowest fee Ottawa lenders (with over 10 loans originated) are
Mid-America Bank ($2,158), NBH Bank ($2,188), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,974), CALIBER HOME LOANS, INC. ($5,132) and .
The lowest rate Ottawa lenders (with over 10 loans originated) are
Mid-America Bank (5.00%), NBH Bank (5.26%), CALIBER HOME LOANS, INC. (5.36%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (5.45%) and .
Ottawa, KS 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
Mid-America Bank | $15,025,000 | $8,245,000 | -45.1% | 8.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $9,220,000 | $7,965,000 | -13.6% | 8.2% |
NBH Bank | $10,175,000 | $5,285,000 | -48.1% | 5.5% |
QUICKEN LOANS, LLC | $11,695,000 | $3,640,000 | -68.9% | 3.8% |
COMMUNITYAMERICA | $3,530,000 | $3,560,000 | 0.8% | 3.7% |
Arvest Bank | $3,780,000 | $2,510,000 | -33.6% | 2.6% |
Mortgage Research Center, LLC | $2,945,000 | $2,450,000 | -16.8% | 2.5% |
CALIBER HOME LOANS, INC. | $1,885,000 | $2,255,000 | 19.6% | 2.3% |
Oakstar Bank | $2,255,000 | n/a | 2.3% | |
SUCCESS MORTGAGE PARTNERS, INC. | $1,775,000 | $2,240,000 | 26.2% | 2.3% |
FLAT BRANCH MORTGAGE, INC. | $1,675,000 | $1,750,000 | 4.5% | 1.8% |
UNION HOME MORTGAGE CORP. | $2,895,000 | $1,720,000 | -40.6% | 1.8% |
MOVEMENT MORTGAGE, LLC | $1,340,000 | $1,715,000 | 28.0% | 1.8% |
Mr. Cooper ( Nationstar Mortgage ) | $2,135,000 | $1,635,000 | -23.4% | 1.7% |
U.S. Bank | $2,735,000 | $1,610,000 | -41.1% | 1.7% |
Farm Credit Mid-America, ACA | $2,280,000 | $1,590,000 | -30.3% | 1.6% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,885,000 | $1,480,000 | -48.7% | 1.5% |
AMERISAVE MORTGAGE CORPORATION | $2,035,000 | $1,420,000 | -30.2% | 1.5% |
FREEDOM MORTGAGE CORPORATION | $3,840,000 | $1,380,000 | -64.1% | 1.4% |
FINANCE OF AMERICA MORTGAGE LLC | $1,395,000 | $1,325,000 | -5.0% | 1.4% |
PENNYMAC LOAN SERVICES, LLC | $1,965,000 | $1,325,000 | -32.6% | 1.4% |
Flagstar Bank, FSB | $1,785,000 | $1,240,000 | -30.5% | 1.3% |
Capitol Federal Savings Bank | $4,005,000 | $1,085,000 | -72.9% | 1.1% |
LOANDEPOT.COM, LLC | $2,190,000 | $1,075,000 | -50.9% | 1.1% |
First Option Bank | $950,000 | $1,045,000 | 10.0% | 1.1% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,025,000 | n/a | 1.1% | |
GUILD MORTGAGE COMPANY | $1,510,000 | $1,005,000 | -33.4% | 1.0% |
Bankers' Bank | $980,000 | n/a | 1.0% | |
LEADERONE FINANCIAL CORPORATION | $2,635,000 | $955,000 | -63.8% | 1.0% |
Wells Fargo Bank | $2,465,000 | $850,000 | -65.5% | 0.9% |
Central National Bank | $1,610,000 | $835,000 | -48.1% | 0.9% |
The Central Trust Bank | $1,150,000 | $835,000 | -27.4% | 0.9% |
UNITED WHOLESALE MORTGAGE, LLC | $2,660,000 | $835,000 | -68.6% | 0.9% |
JLB CORPORATION | $1,090,000 | $830,000 | -23.9% | 0.9% |
Carrington Mortgage Services, LLC | $470,000 | $825,000 | 75.5% | 0.9% |
Prosperity Home Mortgage, LLC | $1,545,000 | $755,000 | -51.1% | 0.8% |
Landmark National Bank | $2,000,000 | $750,000 | -62.5% | 0.8% |
Ixonia Bank | $1,970,000 | $695,000 | -64.7% | 0.7% |
MAINSTREET FEDERAL CREDIT UNION | $1,090,000 | $695,000 | -36.2% | 0.7% |
ENDEAVOR CAPITAL, LLC. | $940,000 | $680,000 | -27.7% | 0.7% |
LAKEVIEW LOAN SERVICING, LLC | $1,515,000 | $665,000 | -56.1% | 0.7% |
SUMMIT FUNDING, INC. | $665,000 | n/a | 0.7% | |
BROKER SOLUTIONS, INC. | $270,000 | $660,000 | 144.4% | 0.7% |
Deere Employees Credit Union | $85,000 | $625,000 | 635.3% | 0.6% |
Bank of the West | $2,660,000 | $570,000 | -78.6% | 0.6% |
HALLMARK HOME MORTGAGE, LLC | $550,000 | n/a | 0.6% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $345,000 | $550,000 | 59.4% | 0.6% |
COMMUNITY MORTGAGE, LLC | $670,000 | $545,000 | -18.7% | 0.6% |
CoreFirst Bank & Trust | $755,000 | $545,000 | -27.8% | 0.6% |
First State Bank of St. Charles, Missouri | $1,910,000 | $545,000 | -71.5% | 0.6% |
First Federal Bank of Kansas City | $535,000 | n/a | 0.6% | |
USAA Federal Savings Bank | $650,000 | $515,000 | -20.8% | 0.5% |
Commerce Bank | $1,500,000 | $485,000 | -67.7% | 0.5% |
DELMAR FINANCIAL COMPANY | $205,000 | $485,000 | 136.6% | 0.5% |
Bell Bank | $205,000 | $480,000 | 134.1% | 0.5% |
MERITRUST Federal Credit Union | $385,000 | $480,000 | 24.7% | 0.5% |
Neighborhood Loans, Inc. | $465,000 | n/a | 0.5% | |
Mortgage Investment Services Corporation | $3,075,000 | $455,000 | -85.2% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $390,000 | $405,000 | 3.8% | 0.4% |
RESIDENTIAL BANCORP. | $395,000 | n/a | 0.4% | |
AMERICAN FINANCING CORPORATION | $330,000 | $390,000 | 18.2% | 0.4% |
Envista Credit Union | $235,000 | $380,000 | 61.7% | 0.4% |
CMG MORTGAGE, INC. | $85,000 | $375,000 | 341.2% | 0.4% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $340,000 | n/a | 0.4% | |
Community First National Bank | $430,000 | $330,000 | -23.3% | 0.3% |
Truity Federal Credit Union | $730,000 | $320,000 | -56.2% | 0.3% |
CHURCHILL MORTGAGE CORPORATION | $320,000 | $315,000 | -1.6% | 0.3% |
NAVY FEDERAL CREDIT UNION | $145,000 | $310,000 | 113.8% | 0.3% |
Regions Bank | $310,000 | n/a | 0.3% | |
NBKC BANK | $295,000 | n/a | 0.3% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $290,000 | n/a | 0.3% | |
Century Mortgage Company DBA Century Lending Company | $285,000 | n/a | 0.3% | |
Intrust Bank | $195,000 | $255,000 | 30.8% | 0.3% |
The Bennington State Bank | $245,000 | n/a | 0.3% | |
First National Bank of Omaha | $465,000 | $240,000 | -48.4% | 0.2% |
DAS Acquisition Company, LLC | $810,000 | $225,000 | -72.2% | 0.2% |
First Federal Savings and Loan Bank | $330,000 | $220,000 | -33.3% | 0.2% |
HOME POINT FINANCIAL CORPORATION | $2,360,000 | $220,000 | -90.7% | 0.2% |
RCB Bank | $165,000 | $215,000 | 30.3% | 0.2% |
ZILLOW HOME LOANS, LLC | $215,000 | n/a | 0.2% | |
Country Club Bank | $225,000 | $205,000 | -8.9% | 0.2% |
First Bank | $440,000 | $205,000 | -53.4% | 0.2% |
Sunflower Bank | $435,000 | $185,000 | -57.5% | 0.2% |
Azura Credit Union | $175,000 | n/a | 0.2% | |
LENDINGHOME FUNDING CORPORATION | $175,000 | n/a | 0.2% | |
Labette Bank | $165,000 | n/a | 0.2% | |
Mutual Savings Association | $165,000 | n/a | 0.2% | |
Academy Bank | $155,000 | n/a | 0.2% | |
First State Bank and Trust | $105,000 | $155,000 | 47.6% | 0.2% |
Midwest Heritage Bank FSB | $155,000 | n/a | 0.2% | |
NEW DAY FINANCIAL, LLC | $515,000 | $155,000 | -69.9% | 0.2% |
Figure Lending LLC | $145,000 | n/a | 0.1% | |
S1L, Inc. | $145,000 | n/a | 0.1% | |
Sierra Pacific Mortgage Company, Inc. | $145,000 | n/a | 0.1% | |
The Union State Bank of Everest | $145,000 | n/a | 0.1% | |
HEARTLAND CREDIT UNION | $140,000 | n/a | 0.1% | |
American Mortgage & Equity Consultants, Inc. | $135,000 | n/a | 0.1% | |
BAY EQUITY LLC | $1,810,000 | $135,000 | -92.5% | 0.1% |
Gateway First Bank | $135,000 | n/a | 0.1% | |
LOANPAL, LLC | $135,000 | n/a | 0.1% | |
Barrington Bank & Trust Company, N.A. | $705,000 | $125,000 | -82.3% | 0.1% |
BNC National Bank | $1,355,000 | $125,000 | -90.8% | 0.1% |
Carson Bank | $125,000 | n/a | 0.1% | |
Citizens Bank of Amsterdam | $125,000 | n/a | 0.1% | |
UMB Bank | $120,000 | n/a | 0.1% | |
JPMorgan Chase Bank | $555,000 | $115,000 | -79.3% | 0.1% |
PLANET HOME LENDING, LLC | $95,000 | $115,000 | 21.1% | 0.1% |
Nations Lending Corporation | $105,000 | n/a | 0.1% | |
PNC Bank | $105,000 | n/a | 0.1% | |
BMO Harris Bank | $15,000 | $85,000 | 466.7% | 0.1% |
PEOPLES STATE BANK | $85,000 | n/a | 0.1% | |
GENEVA FINANCIAL, LLC | $75,000 | n/a | 0.1% | |
Great Southern Bank | $1,515,000 | $75,000 | -95.0% | 0.1% |
First Savings Bank | $65,000 | n/a | 0.1% | |
Emprise Bank | $55,000 | n/a | 0.1% | |
FRONTIER COMMUNITY CREDIT UNION | $55,000 | n/a | 0.1% | |
THRIVENT Federal Credit Union | $55,000 | n/a | 0.1% | |
Lakeview Community Capital, LLC | $45,000 | n/a | 0.0% | |
SPRING EQ, LLC | $45,000 | n/a | 0.0% | |
Discover Bank | $205,000 | $35,000 | -82.9% | 0.0% |
GOLDEN PLAINS | $25,000 | n/a | 0.0% |
Ottawa's top lender by overall market share is Mid-America Bank, with 8.5% market share. In second place, with 8.2%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $7,965,000 in loans. In third place, with 5.5%, is NBH Bank, having originated $5,285,000 in loans. In fourth place, with 3.8%, is QUICKEN LOANS, LLC, having originated $3,640,000 in loans. In fifth place, with 3.7%, is COMMUNITYAMERICA, having originated $3,560,000 in loans.
Ottawa Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Ottawa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $137,500 (17.0%) | $216,257 (23.7%) | 0.00 | 70 |
2018-02-01 | $137,475 (10.1%) | $185,668 (0.4%) | 0.00 | 66 |
2018-03-01 | $139,750 (5.7%) | $179,713 (-10.0%) | 0.00 | 63 |
2018-04-01 | $147,500 (2.3%) | $187,838 (-9.7%) | 0.00 | 58 |
2018-05-01 | $169,000 (24.1%) | $208,289 (9.1%) | 0.00 | 64 |
2018-06-01 | $172,000 (36.9%) | $219,397 (2.4%) | 0.00 | 71 |
2018-07-01 | $169,938 (17.2%) | $215,736 (-2.1%) | 0.00 | 86 |
2018-08-01 | $166,500 (15.8%) | $209,636 (4.9%) | 0.00 | 88 |
2018-09-01 | $162,500 (12.1%) | $205,700 (-6.3%) | 0.00 | 101 |
2018-10-01 | $165,000 (10.6%) | $200,830 (-4.9%) | 0.00 | 101 |
2018-11-01 | $151,250 (1.5%) | $196,373 (-18.6%) | 0.00 | 102 |
2018-12-01 | $163,450 (17.7%) | $201,383 (-8.5%) | 0.00 | 96 |
2019-01-01 | $174,900 (27.2%) | $231,691 (7.1%) | 0.00 | 83 |
2019-02-01 | $175,000 (27.3%) | $210,814 (13.5%) | 0.00 | 78 |
2019-03-01 | $180,286 (29.0%) | $215,099 (19.7%) | 0.00 | 67 |
2019-04-01 | $195,000 (32.2%) | $230,098 (22.5%) | 0.00 | 54 |
2019-05-01 | $185,000 (9.5%) | $229,447 (10.2%) | 0.00 | 58 |
2019-06-01 | $189,000 (9.9%) | $247,331 (12.7%) | 0.00 | 66 |
2019-07-01 | $190,000 (11.8%) | $236,276 (9.5%) | 0.00 | 62 |
2019-08-01 | $182,850 (9.8%) | $238,273 (13.7%) | 0.00 | 64 |
2019-09-01 | $173,625 (6.9%) | $231,174 (12.4%) | 0.00 | 69 |
2019-10-01 | $167,175 (1.3%) | $226,441 (12.8%) | 0.00 | 74 |
2019-11-01 | $159,900 (5.7%) | $219,277 (11.7%) | 0.00 | 77 |
2019-12-01 | $166,750 (2.0%) | $220,128 (9.3%) | 0.00 | 69 |
2020-01-01 | $162,475 (-7.1%) | $222,102 (-4.1%) | 0.00 | 68 |
2020-02-01 | $157,450 (-10.0%) | $226,303 (7.4%) | 0.00 | 61 |
2020-03-01 | $180,450 (0.1%) | $231,782 (7.8%) | 0.00 | 58 |
2020-04-01 | $203,463 (4.3%) | $258,566 (12.4%) | 0.00 | 54 |
2020-05-01 | $227,000 (22.7%) | $267,176 (16.4%) | 0.00 | 46 |
2020-06-01 | $177,725 (-6.0%) | $291,207 (17.7%) | 0.00 | 46 |
2020-07-01 | $216,000 (13.7%) | $365,817 (54.8%) | 0.00 | 38 |
2020-08-01 | $210,000 (14.9%) | $366,543 (53.8%) | 0.00 | 40 |
2020-09-01 | $278,500 (60.4%) | $392,959 (70.0%) | 0.00 | 35 |
2020-10-01 | $262,000 (56.7%) | $341,913 (51.0%) | 0.00 | 47 |
2020-11-01 | $214,725 (34.3%) | $314,985 (43.7%) | 0.00 | 51 |
2020-12-01 | $176,625 (5.9%) | $292,785 (33.0%) | 0.00 | 42 |
2021-01-01 | $177,000 (8.9%) | $298,010 (34.2%) | 0.00 | 30 |
2021-02-01 | $153,250 (-2.7%) | $246,897 (9.1%) | 0.00 | 34 |
2021-03-01 | $150,500 (-16.6%) | $240,593 (3.8%) | 0.00 | 24 |
2021-04-01 | $189,575 (-6.8%) | $294,844 (14.0%) | 0.00 | 20 |
2021-05-01 | $165,000 (-27.3%) | $275,515 (3.1%) | 0.00 | 27 |
2021-06-01 | $172,500 (-2.9%) | $265,686 (-8.8%) | 0.00 | 35 |
2021-07-01 | $187,500 (-13.2%) | $262,704 (-28.2%) | 0.00 | 40 |
2021-08-01 | $187,100 (-10.9%) | $269,210 (-26.6%) | 0.00 | 43 |
2021-09-01 | $156,175 (-43.9%) | $249,748 (-36.4%) | 0.00 | 47 |
2021-10-01 | $189,900 (-27.5%) | $235,114 (-31.2%) | 0.00 | 49 |
2021-11-01 | $182,225 (-15.1%) | $222,867 (-29.3%) | 0.00 | 32 |
2021-12-01 | $184,975 (4.7%) | $245,790 (-16.1%) | 0.00 | 34 |
2022-01-01 | $219,450 (24.0%) | $253,834 (-14.8%) | 0.00 | 16 |
2022-02-01 | $232,225 (51.5%) | $269,689 (9.2%) | 0.00 | 21 |
2022-03-01 | $197,100 (31.0%) | $254,649 (5.8%) | 0.00 | 23 |
2022-04-01 | $190,000 (0.2%) | $287,181 (-2.6%) | 0.00 | 20 |
2022-05-01 | $191,250 (15.9%) | $266,039 (-3.4%) | 0.00 | 29 |
2022-06-01 | $204,750 (18.7%) | $285,478 (7.5%) | 0.00 | 38 |
2022-07-01 | $240,000 (28.0%) | $301,986 (15.0%) | 0.00 | 43 |
2022-08-01 | $204,950 (9.5%) | $286,193 (6.3%) | 0.00 | 56 |
2022-09-01 | $197,000 (26.1%) | $272,642 (9.2%) | 0.00 | 55 |
2022-10-01 | $189,750 (-0.1%) | $267,253 (13.7%) | 0.00 | 50 |
2022-11-01 | $219,125 (20.3%) | $264,514 (18.7%) | 0.00 | 53 |
2022-12-01 | $222,500 (20.3%) | $266,065 (8.3%) | 0.00 | 47 |
2023-01-01 | $228,000 (3.9%) | $263,197 (3.7%) | 0.00 | 39 |
2023-02-01 | $224,600 (-3.3%) | $261,787 (-2.9%) | 0.00 | 39 |
2023-03-01 | $224,200 (13.8%) | $277,330 (8.9%) | 0.00 | 30 |
2023-04-01 | $248,700 (30.9%) | $270,803 (-5.7%) | 0.00 | 30 |
2023-05-01 | $232,450 (21.5%) | $270,094 (1.5%) | 0.00 | 31 |
2023-06-01 | $228,725 (11.7%) | $288,369 (1.0%) | 0.00 | 39 |
2023-07-01 | $229,700 (-4.3%) | $320,285 (6.1%) | 0.00 | 38 |
2023-08-01 | $234,475 (14.4%) | $328,026 (14.6%) | 0.00 | 51 |
Ottawa's median listing price comes in at 0% of the national average.
Ottawa's average listing price for 2023-08-01 was $328,026, a difference of $41,833 (14.6%) versus the prior year and $7,741 versus the prior month.
For the 2023-08-01 period, Ottawa had 51 MLS listings, a difference of 13 listings (34%) versus the prior month and -5 listings (-9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Ottawa (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,715 sqft |
2018-02-01 | 0 days | 1,689 sqft |
2018-03-01 | 0 days | 1,725 sqft |
2018-04-01 | 0 days | 1,678 sqft |
2018-05-01 | 0 days | 1,707 sqft |
2018-06-01 | 0 days | 1,697 sqft |
2018-07-01 | 0 days | 1,692 sqft |
2018-08-01 | 0 days | 1,568 sqft |
2018-09-01 | 0 days | 1,647 sqft |
2018-10-01 | 0 days | 1,566 sqft |
2018-11-01 | 0 days | 1,491 sqft |
2018-12-01 | 0 days | 1,676 sqft |
2019-01-01 | 0 days | 1,754 sqft |
2019-02-01 | 0 days | 1,825 sqft |
2019-03-01 | 0 days | 1,798 sqft |
2019-04-01 | 0 days | 1,814 sqft |
2019-05-01 | 0 days | 1,826 sqft |
2019-06-01 | 0 days | 1,659 sqft |
2019-07-01 | 0 days | 1,598 sqft |
2019-08-01 | 0 days | 1,598 sqft |
2019-09-01 | 0 days | 1,583 sqft |
2019-10-01 | 0 days | 1,594 sqft |
2019-11-01 | 0 days | 1,613 sqft |
2019-12-01 | 0 days | 1,654 sqft |
2020-01-01 | 0 days | 1,578 sqft |
2020-02-01 | 0 days | 1,625 sqft |
2020-03-01 | 0 days | 1,712 sqft |
2020-04-01 | 0 days | 1,786 sqft |
2020-05-01 | 0 days | 1,728 sqft |
2020-06-01 | 0 days | 1,691 sqft |
2020-07-01 | 0 days | 1,732 sqft |
2020-08-01 | 0 days | 1,745 sqft |
2020-09-01 | 0 days | 1,863 sqft |
2020-10-01 | 0 days | 1,836 sqft |
2020-11-01 | 0 days | 1,856 sqft |
2020-12-01 | 0 days | 1,791 sqft |
2021-01-01 | 0 days | 1,680 sqft |
2021-02-01 | 0 days | 1,688 sqft |
2021-03-01 | 0 days | 1,450 sqft |
2021-04-01 | 0 days | 1,625 sqft |
2021-05-01 | 0 days | 1,625 sqft |
2021-06-01 | 0 days | 1,555 sqft |
2021-07-01 | 0 days | 1,608 sqft |
2021-08-01 | 0 days | 1,562 sqft |
2021-09-01 | 0 days | 1,446 sqft |
2021-10-01 | 0 days | 1,508 sqft |
2021-11-01 | 0 days | 1,524 sqft |
2021-12-01 | 0 days | 1,392 sqft |
2022-01-01 | 0 days | 1,300 sqft |
2022-02-01 | 0 days | 1,329 sqft |
2022-03-01 | 0 days | 1,487 sqft |
2022-04-01 | 0 days | 1,504 sqft |
2022-05-01 | 0 days | 1,407 sqft |
2022-06-01 | 0 days | 1,559 sqft |
2022-07-01 | 0 days | 1,656 sqft |
2022-08-01 | 0 days | 1,414 sqft |
2022-09-01 | 0 days | 1,405 sqft |
2022-10-01 | 0 days | 1,428 sqft |
2022-11-01 | 0 days | 1,523 sqft |
2022-12-01 | 0 days | 1,560 sqft |
2023-01-01 | 0 days | 1,528 sqft |
2023-02-01 | 0 days | 1,447 sqft |
2023-03-01 | 0 days | 1,575 sqft |
2023-04-01 | 0 days | 1,536 sqft |
2023-05-01 | 0 days | 1,886 sqft |
2023-06-01 | 0 days | 1,628 sqft |
2023-07-01 | 0 days | 1,828 sqft |
2023-08-01 | 0 days | 1,790 sqft |
Ottawa's median square footage for active listings during the 2023-08-01 period was 1,790 sqft. One year prior, the average listing was 1,414 sqft.
Ottawa, KS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 330 | $63,170,000 | $191,424 |
Cash Out Refi | 112 | $19,080,000 | $170,357 |
Refi | 62 | $9,490,000 | $153,065 |
Home Improvement | 39 | $2,585,000 | $66,282 |
Other | 37 | $2,555,000 | $69,054 |
Ottawa's most frequently cited loan purpose was Home Purchase, with 330 originations. The 2nd most popular reason was Cash Out Refi, with 112 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 178 | $30,180,000 | $169,551 |
3-4% | 120 | $21,710,000 | $180,917 |
4-5% | 117 | $20,655,000 | $176,538 |
6-7% | 83 | $12,015,000 | $144,759 |
7-8% | 28 | $4,010,000 | $143,214 |
2.5-3% | 27 | $4,405,000 | $163,148 |
Over 8% | 7 | $455,000 | $65,000 |
<2.5% | 4 | $770,000 | $192,500 |
During 2022, Ottawa's most frequently originated rate bucket was 5-6%, with 178 originations.
Loan Sizing (Ottawa, KS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 268 | $39,830,000 | $148,619 |
$200k-400k | 156 | $40,670,000 | $260,705 |
$100,000 or less | 139 | $8,505,000 | $61,187 |
$400k-600k | 17 | $7,875,000 | $463,235 |
Ottawa's loan sizing saw the bucket of loans from $100k-200k with 268 originations, totaling $39,830,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 262 | $50,660,000 | $193,359 |
60-80% | 139 | $25,645,000 | $184,496 |
40-60% | 64 | $10,160,000 | $158,750 |
Under 20% | 48 | $2,390,000 | $49,792 |
20-40% | 42 | $3,550,000 | $84,524 |
Over 100% | 4 | $1,070,000 | $267,500 |
Ottawa's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 262 originations, totaling $50,660,000 in origination value.