Ponca City Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Ponca City averaged
6.29%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
5.79% and
one month ago for the week of 2024-09-05, the
average rate was 6.22%.
Ponca City's average rate one year ago was 7.56%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.32%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Ponca City 30 Year Fixed Rate | 2024-10-10 | 6.29% |
Ponca City 30 Year Fixed Rate Refi | 2024-10-10 | 6.32% |
Ponca City 15 Year Fixed Rate | 2024-10-10 | 5.21% |
Ponca City 15 Year Fixed Rate Refi | 2024-10-10 | 5.61% |
Ponca City 30 Year FHA | 2024-10-10 | 6.11% |
Ponca City 30 Year FHA Refi | 2024-10-10 | 5.9% |
Ponca City 30 Year USDA | 2024-10-10 | 6.18% |
Ponca City 30 Year USDA Refi | 2024-10-10 | 5.98% |
Ponca City 30 Year VA | 2024-10-10 | 5.65% |
Ponca City 30 Year VA Refi | 2024-10-10 | 5.65% |
Ponca City 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 Ponca City, 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.).
Ponca City Average Closing Costs & Other Stats
Ponca City, OK's 37 lenders originated 640
loans during 2023. The total origination value was $76,520,000, with an average loan value of
$119,563.
Ponca City's average closing costs are $5,061.
The top Ponca City lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with
45 loans originated. Their average total fees are
$3,921, which is $168
higher than the next largest lender,
RCB Bank.
The lowest fee Ponca City lenders (with over 10 loans originated) are
RCB Bank ($3,753), FLAT BRANCH MORTGAGE, INC. ($3,921), .
The lowest rate Ponca City lenders (with over 10 loans originated) are
RCB Bank (6.00%), FLAT BRANCH MORTGAGE, INC. (6.67%), .
Ponca City, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
FLAT BRANCH MORTGAGE, INC. | $15,595,000 | $12,990,000 | -16.7% | 17.0% |
RCB Bank | $10,120,000 | $8,660,000 | -14.4% | 11.3% |
First National Bank Of Oklahoma | $11,870,000 | $5,365,000 | -54.8% | 7.0% |
Community National Bank & Trust | $4,670,000 | $5,200,000 | 11.3% | 6.8% |
Equity Bank | $9,810,000 | $5,140,000 | -47.6% | 6.7% |
QUICKEN LOANS, LLC | $6,640,000 | $4,200,000 | -36.7% | 5.5% |
BancFirst | $4,485,000 | $4,130,000 | -7.9% | 5.4% |
Mortgage Research Center, LLC | $3,460,000 | $3,300,000 | -4.6% | 4.3% |
OPEN MORTGAGE, LLC | $835,000 | $2,030,000 | 143.1% | 2.7% |
USAA Federal Savings Bank | $605,000 | $1,270,000 | 109.9% | 1.7% |
The Central Trust Bank | $1,150,000 | n/a | 1.5% | |
PENNYMAC LOAN SERVICES, LLC | $620,000 | $1,115,000 | 79.8% | 1.5% |
United Fidelity Funding Corp. | $2,895,000 | $1,090,000 | -62.3% | 1.4% |
UNITED WHOLESALE MORTGAGE, LLC | $1,265,000 | $980,000 | -22.5% | 1.3% |
PREMIA MORTGAGE, LLC | $935,000 | n/a | 1.2% | |
Great Plains National Bank | $1,360,000 | $920,000 | -32.4% | 1.2% |
CORNERSTONE HOME LENDING, INC. | $2,110,000 | $895,000 | -57.6% | 1.2% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,755,000 | $830,000 | -52.7% | 1.1% |
LOANPAL, LLC | $390,000 | $815,000 | 109.0% | 1.1% |
LOANDEPOT.COM, LLC | $1,285,000 | $795,000 | -38.1% | 1.0% |
THE KAW VALLEY STATE BANK AND TRUST COMPANY, OF WAMEGO, KANSAS | $745,000 | n/a | 1.0% | |
Gateway First Bank | $360,000 | $705,000 | 95.8% | 0.9% |
AMERISAVE MORTGAGE CORPORATION | $425,000 | $675,000 | 58.8% | 0.9% |
JPMorgan Chase Bank | $130,000 | $590,000 | 353.8% | 0.8% |
First United Bank and Trust Company | $640,000 | $540,000 | -15.6% | 0.7% |
LENDINGHOME FUNDING CORPORATION | $490,000 | n/a | 0.6% | |
PENTAGON FEDERAL CREDIT UNION | $450,000 | n/a | 0.6% | |
SENTE MORTGAGE, INC. | $275,000 | $425,000 | 54.5% | 0.6% |
F & M Bank | $3,200,000 | $375,000 | -88.3% | 0.5% |
ACADEMY MORTGAGE CORPORATION | $370,000 | n/a | 0.5% | |
NEWREZ LLC | $35,000 | $345,000 | 885.7% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $740,000 | $325,000 | -56.1% | 0.4% |
21ST MORTGAGE CORPORATION | $395,000 | $320,000 | -19.0% | 0.4% |
BancorpSouth | $315,000 | n/a | 0.4% | |
Carrington Mortgage Services, LLC | $75,000 | $300,000 | 300.0% | 0.4% |
Discover Bank | $395,000 | $280,000 | -29.1% | 0.4% |
AMCAP MORTGAGE, LTD. | $230,000 | $275,000 | 19.6% | 0.4% |
Flagstar Bank, FSB | $260,000 | $275,000 | 5.8% | 0.4% |
The Bennington State Bank | $265,000 | n/a | 0.3% | |
First Fidelity Bank | $260,000 | n/a | 0.3% | |
Stride Bank | $245,000 | $255,000 | 4.1% | 0.3% |
The Union State Bank | $425,000 | $215,000 | -49.4% | 0.3% |
Waterstone Mortgage Corporation | $215,000 | n/a | 0.3% | |
Simmons Bank | $385,000 | $210,000 | -45.5% | 0.3% |
MidFirst Bank | $205,000 | n/a | 0.3% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $195,000 | n/a | 0.3% | |
Neighborhood Loans, Inc. | $185,000 | n/a | 0.2% | |
Arvest Bank | $610,000 | $170,000 | -72.1% | 0.2% |
AXIA FINANCIAL, LLC | $165,000 | n/a | 0.2% | |
FIRST AMERICAN MORTGAGE, INC. | $165,000 | n/a | 0.2% | |
Tinker Federal Credit Union | $35,000 | $160,000 | 357.1% | 0.2% |
AMERICAN EXCHANGE BANK | $155,000 | n/a | 0.2% | |
AmeriHome Mortgage Company, LLC | $155,000 | n/a | 0.2% | |
POLARIS HOME FUNDING CORP. | $155,000 | n/a | 0.2% | |
LAKEVIEW LOAN SERVICING, LLC | $220,000 | $145,000 | -34.1% | 0.2% |
ROYAL UNITED MORTGAGE LLC | $105,000 | $140,000 | 33.3% | 0.2% |
BROKER SOLUTIONS, INC. | $270,000 | $135,000 | -50.0% | 0.2% |
Morgan Stanley Private Bank | $125,000 | $135,000 | 8.0% | 0.2% |
The City National Bank and Trust Company of Lawton | $35,000 | $135,000 | 285.7% | 0.2% |
TruHome Solutions, LLC | $195,000 | $135,000 | -30.8% | 0.2% |
Colonial Savings, F.A. | $65,000 | $125,000 | 92.3% | 0.2% |
COUNTRYPLACE MORTGAGE, LTD. | $125,000 | n/a | 0.2% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $115,000 | $125,000 | 8.7% | 0.2% |
Town Square Mortgage & Investments, Inc. | $125,000 | n/a | 0.2% | |
AMWEST FUNDING CORP. | $115,000 | n/a | 0.2% | |
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $230,000 | $115,000 | -50.0% | 0.2% |
U.S. Bank | $515,000 | $110,000 | -78.6% | 0.1% |
Mr. Cooper ( Nationstar Mortgage ) | $855,000 | $105,000 | -87.7% | 0.1% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $105,000 | n/a | 0.1% | |
Chickasaw Community Bank | $165,000 | $95,000 | -42.4% | 0.1% |
Coastal Community Bank | $95,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $1,030,000 | $95,000 | -90.8% | 0.1% |
BOKF | $325,000 | $90,000 | -72.3% | 0.1% |
KANZA Bank | $85,000 | n/a | 0.1% | |
Truist | $85,000 | n/a | 0.1% | |
UNION HOME MORTGAGE CORP. | $85,000 | n/a | 0.1% | |
CMG MORTGAGE, INC. | $290,000 | $75,000 | -74.1% | 0.1% |
CSL Financial, LLC | $175,000 | $75,000 | -57.1% | 0.1% |
New Century Bank | $75,000 | n/a | 0.1% | |
CARDINAL FINANCIAL | $65,000 | n/a | 0.1% | |
F&A Federal Credit Union | $65,000 | n/a | 0.1% | |
FINANCE OF AMERICA REVERSE LLC | $65,000 | n/a | 0.1% | |
American Mortgage & Equity Consultants, Inc. | $55,000 | n/a | 0.1% | |
BMO Harris Bank | $55,000 | n/a | 0.1% | |
Prosperity Bank | $55,000 | n/a | 0.1% | |
OKLAHOMA'S | $35,000 | n/a | 0.0% | |
Citizens Bank | $25,000 | n/a | 0.0% | |
COMMUNICATION | $150,000 | $25,000 | -83.3% | 0.0% |
Wichita Federal Credit Union | $15,000 | n/a | 0.0% |
Ponca City's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 17.0% market share. In second place, with 11.3%, is RCB Bank, having originated $8,660,000 in loans. In third place, with 7.0%, is First National Bank Of Oklahoma, having originated $5,365,000 in loans. In fourth place, with 6.8%, is Community National Bank & Trust, having originated $5,200,000 in loans. In fifth place, with 6.7%, is Equity Bank, having originated $5,140,000 in loans.
Ponca City Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Ponca City (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 | $114,875 (18.1%) | $146,109 (9.3%) | 0.00 | 190 |
2018-02-01 | $119,900 (18.5%) | $146,791 (10.0%) | 0.00 | 180 |
2018-03-01 | $119,700 (18.6%) | $145,416 (5.7%) | 0.00 | 181 |
2018-04-01 | $118,500 (8.2%) | $144,335 (1.6%) | 0.00 | 182 |
2018-05-01 | $119,500 (3.1%) | $145,345 (1.7%) | 0.00 | 198 |
2018-06-01 | $120,000 (8.9%) | $149,818 (7.8%) | 0.00 | 196 |
2018-07-01 | $127,450 (19.7%) | $156,989 (14.4%) | 0.00 | 210 |
2018-08-01 | $122,500 (14.3%) | $149,385 (1.9%) | 0.00 | 214 |
2018-09-01 | $119,000 (11.0%) | $140,607 (-4.5%) | 0.00 | 210 |
2018-10-01 | $116,100 (5.8%) | $135,618 (-9.4%) | 0.00 | 220 |
2018-11-01 | $111,625 (-8.2%) | $130,686 (-14.7%) | 0.00 | 222 |
2018-12-01 | $109,900 (-7.7%) | $129,898 (-12.6%) | 0.00 | 207 |
2019-01-01 | $105,425 (-8.2%) | $122,976 (-15.8%) | 0.00 | 199 |
2019-02-01 | $109,175 (-8.9%) | $126,990 (-13.5%) | 0.00 | 189 |
2019-03-01 | $109,000 (-8.9%) | $128,819 (-11.4%) | 0.00 | 181 |
2019-04-01 | $109,875 (-7.3%) | $131,869 (-8.6%) | 0.00 | 175 |
2019-05-01 | $108,425 (-9.3%) | $134,914 (-7.2%) | 0.00 | 176 |
2019-06-01 | $115,900 (-3.4%) | $139,676 (-6.8%) | 0.00 | 174 |
2019-07-01 | $119,675 (-6.1%) | $145,288 (-7.5%) | 0.00 | 183 |
2019-08-01 | $116,791 (-4.7%) | $141,752 (-5.1%) | 0.00 | 192 |
2019-09-01 | $112,127 (-5.8%) | $136,802 (-2.7%) | 0.00 | 195 |
2019-10-01 | $112,268 (-3.3%) | $133,955 (-1.2%) | 0.00 | 196 |
2019-11-01 | $113,000 (1.2%) | $132,043 (1.0%) | 0.00 | 199 |
2019-12-01 | $110,000 (0.1%) | $130,601 (0.5%) | 0.00 | 191 |
2020-01-01 | $109,500 (3.9%) | $129,686 (5.5%) | 0.00 | 194 |
2020-02-01 | $108,500 (-0.6%) | $128,718 (1.4%) | 0.00 | 190 |
2020-03-01 | $106,000 (-2.8%) | $135,497 (5.2%) | 0.00 | 182 |
2020-04-01 | $104,450 (-4.9%) | $148,551 (12.7%) | 0.00 | 166 |
2020-05-01 | $115,000 (6.1%) | $153,447 (13.7%) | 0.00 | 128 |
2020-06-01 | $124,950 (7.8%) | $168,079 (20.3%) | 0.00 | 125 |
2020-07-01 | $124,950 (4.4%) | $168,137 (15.7%) | 0.00 | 123 |
2020-08-01 | $113,000 (-3.3%) | $166,675 (17.6%) | 0.00 | 111 |
2020-09-01 | $99,450 (-11.3%) | $174,748 (27.7%) | 0.00 | 102 |
2020-10-01 | $119,450 (6.4%) | $184,036 (37.4%) | 0.00 | 96 |
2020-11-01 | $116,000 (2.7%) | $180,188 (36.5%) | 0.00 | 102 |
2020-12-01 | $107,036 (-2.7%) | $177,119 (35.6%) | 0.00 | 89 |
2021-01-01 | $97,400 (-11.1%) | $160,339 (23.6%) | 0.00 | 80 |
2021-02-01 | $98,675 (-9.1%) | $164,748 (28.0%) | 0.00 | 76 |
2021-03-01 | $92,400 (-12.8%) | $180,215 (33.0%) | 0.00 | 73 |
2021-04-01 | $102,475 (-1.9%) | $156,252 (5.2%) | 0.00 | 71 |
2021-05-01 | $124,000 (7.8%) | $161,730 (5.4%) | 0.00 | 58 |
2021-06-01 | $81,250 (-35.0%) | $122,226 (-27.3%) | 0.00 | 54 |
2021-07-01 | $90,000 (-28.0%) | $123,592 (-26.5%) | 0.00 | 70 |
2021-08-01 | $123,075 (8.9%) | $194,594 (16.8%) | 0.00 | 76 |
2021-09-01 | $125,600 (26.3%) | $199,129 (14.0%) | 0.00 | 85 |
2021-10-01 | $127,200 (6.5%) | $185,718 (0.9%) | 0.00 | 91 |
2021-11-01 | $124,950 (7.7%) | $181,332 (0.6%) | 0.00 | 106 |
2021-12-01 | $122,500 (14.5%) | $185,191 (4.6%) | 0.00 | 99 |
2022-01-01 | $140,000 (43.7%) | $198,100 (23.6%) | 0.00 | 84 |
2022-02-01 | $132,000 (33.8%) | $202,362 (22.8%) | 0.00 | 62 |
2022-03-01 | $140,975 (52.6%) | $204,548 (13.5%) | 0.00 | 56 |
2022-04-01 | $155,000 (51.3%) | $206,304 (32.0%) | 0.00 | 50 |
2022-05-01 | $151,250 (22.0%) | $193,677 (19.8%) | 0.00 | 59 |
2022-06-01 | $141,950 (74.7%) | $187,640 (53.5%) | 0.00 | 76 |
2022-07-01 | $149,900 (66.6%) | $172,972 (40.0%) | 0.00 | 82 |
2022-08-01 | $126,250 (2.6%) | $168,724 (-13.3%) | 0.00 | 96 |
2022-09-01 | $157,475 (25.4%) | $176,145 (-11.5%) | 0.00 | 95 |
2022-10-01 | $177,250 (39.4%) | $181,576 (-2.2%) | 0.00 | 97 |
2022-11-01 | $195,500 (56.5%) | $197,745 (9.1%) | 0.00 | 87 |
2022-12-01 | $189,900 (55.0%) | $202,547 (9.4%) | 0.00 | 84 |
2023-01-01 | $191,950 (37.1%) | $209,810 (5.9%) | 0.00 | 82 |
2023-02-01 | $192,200 (45.6%) | $218,818 (8.1%) | 0.00 | 80 |
2023-03-01 | $185,725 (31.7%) | $204,133 (-0.2%) | 0.00 | 78 |
2023-04-01 | $188,000 (21.3%) | $225,165 (9.1%) | 0.00 | 70 |
2023-05-01 | $181,950 (20.3%) | $210,777 (8.8%) | 0.00 | 82 |
2023-06-01 | $177,400 (25.0%) | $214,385 (14.3%) | 0.00 | 85 |
2023-07-01 | $160,000 (6.7%) | $211,857 (22.5%) | 0.00 | 92 |
2023-08-01 | $147,500 (16.8%) | $201,144 (19.2%) | 0.00 | 106 |
2023-09-01 | $139,950 (-11.1%) | $189,326 (7.5%) | 0.00 | 109 |
2023-10-01 | $138,700 (-21.8%) | $194,110 (6.9%) | 0.00 | 123 |
2023-11-01 | $141,875 (-27.4%) | $191,833 (-3.0%) | 0.00 | 137 |
2023-12-01 | $146,750 (-22.7%) | $189,122 (-6.6%) | 0.00 | 144 |
2024-01-01 | $149,500 (-22.1%) | $206,572 (-1.5%) | 0.00 | 120 |
2024-02-01 | $156,200 (-18.7%) | $210,853 (-3.6%) | 0.00 | 100 |
2024-03-01 | $164,000 (-11.7%) | $211,101 (3.4%) | 0.00 | 108 |
2024-04-01 | $166,750 (-11.3%) | $198,955 (-11.6%) | 0.00 | 103 |
2024-05-01 | $159,000 (-12.6%) | $207,168 (-1.7%) | 0.00 | 104 |
2024-06-01 | $149,000 (-16.0%) | $206,659 (-3.6%) | 0.00 | 123 |
2024-07-01 | $145,500 (-9.1%) | $194,500 (-8.2%) | 0.00 | 126 |
2024-08-01 | $149,900 (1.6%) | $192,852 (-4.1%) | 0.00 | 143 |
2024-09-01 | $149,900 (7.1%) | $190,546 (0.6%) | 0.00 | 137 |
Ponca City's median listing price comes in at 0% of the national average.
Ponca City's average listing price for 2024-09-01 was $190,546, a difference of $1,220 (0.6%) versus the prior year and $-2,306 versus the prior month.
For the 2024-09-01 period, Ponca City had 137 MLS listings, a difference of -6 listings (-4%) versus the prior month and 28 listings (26%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Ponca City (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,689 sqft |
2018-02-01 | 0 days | 1,686 sqft |
2018-03-01 | 0 days | 1,695 sqft |
2018-04-01 | 0 days | 1,677 sqft |
2018-05-01 | 0 days | 1,693 sqft |
2018-06-01 | 0 days | 1,730 sqft |
2018-07-01 | 0 days | 1,795 sqft |
2018-08-01 | 0 days | 1,763 sqft |
2018-09-01 | 0 days | 1,720 sqft |
2018-10-01 | 0 days | 1,651 sqft |
2018-11-01 | 0 days | 1,602 sqft |
2018-12-01 | 0 days | 1,582 sqft |
2019-01-01 | 0 days | 1,577 sqft |
2019-02-01 | 0 days | 1,600 sqft |
2019-03-01 | 0 days | 1,612 sqft |
2019-04-01 | 0 days | 1,623 sqft |
2019-05-01 | 0 days | 1,669 sqft |
2019-06-01 | 0 days | 1,736 sqft |
2019-07-01 | 0 days | 1,744 sqft |
2019-08-01 | 0 days | 1,749 sqft |
2019-09-01 | 0 days | 1,750 sqft |
2019-10-01 | 0 days | 1,750 sqft |
2019-11-01 | 0 days | 1,752 sqft |
2019-12-01 | 0 days | 1,695 sqft |
2020-01-01 | 0 days | 1,649 sqft |
2020-02-01 | 0 days | 1,601 sqft |
2020-03-01 | 0 days | 1,627 sqft |
2020-04-01 | 0 days | 1,616 sqft |
2020-05-01 | 0 days | 1,654 sqft |
2020-06-01 | 0 days | 1,755 sqft |
2020-07-01 | 0 days | 1,683 sqft |
2020-08-01 | 0 days | 1,665 sqft |
2020-09-01 | 0 days | 1,616 sqft |
2020-10-01 | 0 days | 1,641 sqft |
2020-11-01 | 0 days | 1,583 sqft |
2020-12-01 | 0 days | 1,618 sqft |
2021-01-01 | 0 days | 1,557 sqft |
2021-02-01 | 0 days | 1,595 sqft |
2021-03-01 | 0 days | 1,680 sqft |
2021-04-01 | 0 days | 1,729 sqft |
2021-05-01 | 0 days | 1,819 sqft |
2021-06-01 | 0 days | 1,411 sqft |
2021-07-01 | 0 days | 1,411 sqft |
2021-08-01 | 0 days | 1,624 sqft |
2021-09-01 | 0 days | 1,585 sqft |
2021-10-01 | 0 days | 1,638 sqft |
2021-11-01 | 0 days | 1,625 sqft |
2021-12-01 | 0 days | 1,603 sqft |
2022-01-01 | 0 days | 1,629 sqft |
2022-02-01 | 0 days | 1,591 sqft |
2022-03-01 | 0 days | 1,600 sqft |
2022-04-01 | 0 days | 1,583 sqft |
2022-05-01 | 0 days | 1,571 sqft |
2022-06-01 | 0 days | 1,626 sqft |
2022-07-01 | 0 days | 1,652 sqft |
2022-08-01 | 0 days | 1,517 sqft |
2022-09-01 | 0 days | 1,592 sqft |
2022-10-01 | 0 days | 1,743 sqft |
2022-11-01 | 0 days | 1,878 sqft |
2022-12-01 | 0 days | 1,871 sqft |
2023-01-01 | 0 days | 1,944 sqft |
2023-02-01 | 0 days | 1,943 sqft |
2023-03-01 | 0 days | 1,833 sqft |
2023-04-01 | 0 days | 1,833 sqft |
2023-05-01 | 0 days | 1,789 sqft |
2023-06-01 | 0 days | 1,778 sqft |
2023-07-01 | 0 days | 1,744 sqft |
2023-08-01 | 0 days | 1,751 sqft |
2023-09-01 | 0 days | 1,746 sqft |
2023-10-01 | 0 days | 1,603 sqft |
2023-11-01 | 0 days | 1,552 sqft |
2023-12-01 | 0 days | 1,575 sqft |
2024-01-01 | 0 days | 1,678 sqft |
2024-02-01 | 0 days | 1,739 sqft |
2024-03-01 | 0 days | 1,732 sqft |
2024-04-01 | 0 days | 1,696 sqft |
2024-05-01 | 0 days | 1,663 sqft |
2024-06-01 | 0 days | 1,653 sqft |
2024-07-01 | 0 days | 1,655 sqft |
2024-08-01 | 0 days | 1,589 sqft |
2024-09-01 | 0 days | 1,641 sqft |
Ponca City's median square footage for active listings during the 2024-09-01 period was 1,641 sqft. One year prior, the average listing was 1,746 sqft.
Ponca City, OK Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 400 | $55,690,000 | $139,225 |
Refi | 89 | $8,365,000 | $93,989 |
Home Improvement | 59 | $3,795,000 | $64,322 |
Cash Out Refi | 52 | $6,550,000 | $125,962 |
Other | 40 | $2,120,000 | $53,000 |
Ponca City's most frequently cited loan purpose was Home Purchase, with 400 originations. The 2nd most popular reason was Refi, with 89 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 203 | $29,525,000 | $145,443 |
7-8% | 137 | $15,405,000 | $112,445 |
Over 8% | 125 | $9,565,000 | $76,520 |
5-6% | 73 | $12,085,000 | $165,548 |
<2.5% | 20 | $1,180,000 | $59,000 |
4-5% | 9 | $1,355,000 | $150,556 |
During 2023, Ponca City's most frequently originated rate bucket was 6-7%, with 203 originations.
Loan Sizing (Ponca City, OK MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 336 | $18,760,000 | $55,833 |
$100k-200k | 216 | $30,920,000 | $143,148 |
$200k-400k | 77 | $20,935,000 | $271,883 |
$400k-600k | 8 | $3,620,000 | $452,500 |
$600k-1000k | 3 | $2,285,000 | $761,667 |
Ponca City's loan sizing saw the bucket of loans from $100,000 or less with 336 originations, totaling $18,760,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 269 | $38,635,000 | $143,625 |
60-80% | 146 | $20,320,000 | $139,178 |
20-40% | 50 | $2,560,000 | $51,200 |
40-60% | 50 | $4,030,000 | $80,600 |
Under 20% | 41 | $1,595,000 | $38,902 |
Over 100% | 9 | $1,895,000 | $210,556 |
Ponca City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 269 originations, totaling $38,635,000 in origination value.