Ponca City Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Ponca City averaged 6.49% for the week of 2023-03-23, compared to the national average of 6.42% for the same period.

The average rate for the prior week (2023-03-16) was 6.67% and one month ago for the week of 2023-02-16, the average rate was 6.39%.

Ponca City's average rate one year ago was 3.7%.

For refis of the same type during the week of 2023-03-23, the average rate was 6.58%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-23 6.42%
Ponca City 30 Year Fixed Rate 2023-03-23 6.49%
Ponca City 30 Year Fixed Rate Refi 2023-03-23 6.58%
Ponca City 15 Year Fixed Rate 2023-03-23 7.32%
Ponca City 15 Year Fixed Rate Refi 2023-03-23 6.84%
Ponca City 30 Year FHA 2023-03-23 6.3%
Ponca City 30 Year FHA Refi 2023-03-23 6.38%
Ponca City 30 Year USDA 2023-03-23 6.6%
Ponca City 30 Year VA 2023-03-23 6.45%
Ponca City 30 Year VA Refi 2023-03-23 5.82%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Ponca City, OK.

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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
FLAT BRANCH MORTGAGE, INC. 47 4.96% $4,036
RCB Bank 23 4.90% $4,595
QUICKEN LOANS, LLC 13 4.86% $8,233
Equity Bank 12 4.85% $5,498
F & M Bank 11 5.20% $5,108
BancFirst 10 5.53% $4,829
Community National Bank & Trust 6 4.91% $3,319
United Fidelity Funding Corp. 6 4.79% $7,421
Wells Fargo Bank 5 4.95% $4,793
Arvest Bank 4 5.00% $4,180
LOANDEPOT.COM, LLC 4 5.59% $6,828
Simmons Bank 3 4.54% $3,405
CORNERSTONE HOME LENDING, INC. 3 4.46% $7,128
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.38% $4,087
Mortgage Research Center, LLC 2 5.06% $3,919
Gateway First Bank 2 6.19% $3,019
CROSSCOUNTRY MORTGAGE, LLC 2 4.18% $7,886
Stride Bank 2 4.88% $3,326
Texana Bank 2 4.56% $6,582
Truity Federal Credit Union 2 4.31% $4,961
AMCAP MORTGAGE, LTD. 2 6.50% $4,811
U.S. Bank 2 4.93% $3,319
PENNYMAC LOAN SERVICES, LLC 1 4.50% $7,852
S1L, Inc. 1 5.88% $5,096
SENTE MORTGAGE, INC. 1 4.13% $4,655
SWBC MORTGAGE CORPORATION 1 4.50% $7,633
The Huntington National Bank 1 3.63% $6,968
UNITED WHOLESALE MORTGAGE, LLC 1 7.60% $4,299
Wyndham Capital Mortgage, Inc. 1 4.25% $8,394
21ST MORTGAGE CORPORATION 1 7.65% $5,422
ZILLOW HOME LOANS, LLC 1 3.50% $10,424
Ally Bank 1 4.38% $3,271
AMERICAN FINANCING CORPORATION 1 3.75% $7,459
BROKER SOLUTIONS, INC. 1 5.25% $7,233
Citadel Servicing Corporation 1 6.63% $5,388
CMG MORTGAGE, INC. 1 3.38% $3,928
COMMUNICATION 1 5.38% $3,208
CREDIT UNION OF AMERICA 1 3.13% $1,563
DELMAR FINANCIAL COMPANY 1 5.99% $5,119
Fidelity Bank 1 6.88% $3,534
First United Bank and Trust Company 1 3.25% $3,842
FREEDOM MORTGAGE CORPORATION 1 3.38% $2,399
Great Plains National Bank 1 6.13% $5,042
JPMorgan Chase Bank 1 6.13% $3,995
MID AMERICA MORTGAGE, INC. 1 4.50% $3,242
Morgan Stanley Private Bank 1 5.75% $2,913
MORIA DEVELOPMENT, INC. 1 5.88% $6,183
MORTGAGE CLEARING CORPORATION 1 5.88% $3,677
Mr. Cooper ( Nationstar Mortgage ) 1 5.63% $13,514
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $7,789
NAVY FEDERAL CREDIT UNION 1 6.88% $4,872
Oklahoma Educators Credit Union 1 6.99% $7,873

Ponca City Average Closing Costs & Other Stats

Ponca City, OK's 52 lenders originated 848 loans during 2022. The total origination value was $109,970,000, with an average loan value of $129,682.

Ponca City's average closing costs are $4,938.

The top Ponca City lender as defined by loan originations is FLAT BRANCH MORTGAGE, INC., with 47 loans originated. Their average total fees are $4,036, which is $559 lower than the next largest lender, RCB Bank.

The lowest fee Ponca City lenders (with over 10 loans originated) are FLAT BRANCH MORTGAGE, INC. ($4,036), RCB Bank ($4,595), BancFirst ($4,829), F & M Bank ($5,108) and Equity Bank ($5,498).

The lowest rate Ponca City lenders (with over 10 loans originated) are Equity Bank (4.85%), QUICKEN LOANS, LLC (4.86%), RCB Bank (4.90%), FLAT BRANCH MORTGAGE, INC. (4.96%) and F & M Bank (5.20%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
FLAT BRANCH MORTGAGE, INC. $15,475,000 $15,595,000 0.8% 14.2%
First National Bank Of Oklahoma $8,850,000 $11,870,000 34.1% 10.8%
RCB Bank $12,100,000 $10,120,000 -16.4% 9.2%
Equity Bank $6,080,000 $9,810,000 61.3% 8.9%
QUICKEN LOANS, LLC $9,935,000 $6,640,000 -33.2% 6.0%
Community National Bank & Trust $4,240,000 $4,670,000 10.1% 4.2%
BancFirst $2,940,000 $4,485,000 52.6% 4.1%
Mortgage Research Center, LLC $2,585,000 $3,460,000 33.8% 3.1%
F & M Bank $4,010,000 $3,200,000 -20.2% 2.9%
United Fidelity Funding Corp. $4,505,000 $2,895,000 -35.7% 2.6%
CORNERSTONE HOME LENDING, INC. $3,330,000 $2,110,000 -36.6% 1.9%
FirstBank $85,000 $2,005,000 2,258.8% 1.8%
PRIMELENDING, A PLAINSCAPITAL COMPANY $4,360,000 $1,755,000 -59.7% 1.6%
Wells Fargo Bank $1,805,000 $1,620,000 -10.2% 1.5%
NAVY FEDERAL CREDIT UNION $695,000 $1,375,000 97.8% 1.3%
Great Plains National Bank $315,000 $1,360,000 331.7% 1.2%
LOANDEPOT.COM, LLC $1,530,000 $1,285,000 -16.0% 1.2%
UNITED WHOLESALE MORTGAGE, LLC $1,015,000 $1,265,000 24.6% 1.2%
MID AMERICA MORTGAGE, INC. $470,000 $1,030,000 119.1% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $1,175,000 $855,000 -27.2% 0.8%
OPEN MORTGAGE, LLC $1,040,000 $835,000 -19.7% 0.8%
NEW DAY FINANCIAL, LLC $210,000 $825,000 292.9% 0.8%
MORTGAGE CLEARING CORPORATION $535,000 $745,000 39.3% 0.7%
CROSSCOUNTRY MORTGAGE, LLC $145,000 $740,000 410.3% 0.7%
CALIBER HOME LOANS, INC. $440,000 $665,000 51.1% 0.6%
First United Bank and Trust Company $1,245,000 $640,000 -48.6% 0.6%
Truity Federal Credit Union $150,000 $635,000 323.3% 0.6%
PENNYMAC LOAN SERVICES, LLC $2,070,000 $620,000 -70.0% 0.6%
Arvest Bank $1,280,000 $610,000 -52.3% 0.6%
USAA Federal Savings Bank $115,000 $605,000 426.1% 0.6%
The Huntington National Bank $555,000 n/a 0.5%
U.S. Bank $705,000 $515,000 -27.0% 0.5%
FREEDOM MORTGAGE CORPORATION $3,185,000 $495,000 -84.5% 0.5%
Texana Bank $440,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $920,000 $425,000 -53.8% 0.4%
The Union State Bank $885,000 $425,000 -52.0% 0.4%
21ST MORTGAGE CORPORATION $750,000 $395,000 -47.3% 0.4%
Discover Bank $130,000 $395,000 203.8% 0.4%
LOANPAL, LLC $390,000 n/a 0.4%
Simmons Bank $345,000 $385,000 11.6% 0.4%
Gateway First Bank $1,310,000 $360,000 -72.5% 0.3%
ZILLOW HOME LOANS, LLC $340,000 n/a 0.3%
BOKF $540,000 $325,000 -39.8% 0.3%
CHURCHILL MORTGAGE CORPORATION $165,000 $290,000 75.8% 0.3%
CMG MORTGAGE, INC. $290,000 n/a 0.3%
AMERICAN FINANCING CORPORATION $285,000 n/a 0.3%
Oklahoma Educators Credit Union $285,000 n/a 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $590,000 $280,000 -52.5% 0.3%
North American Savings Bank, F.S.B. $275,000 n/a 0.3%
SENTE MORTGAGE, INC. $275,000 n/a 0.3%
BROKER SOLUTIONS, INC. $145,000 $270,000 86.2% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $340,000 $270,000 -20.6% 0.2%
Flagstar Bank, FSB $395,000 $260,000 -34.2% 0.2%
Fidelity Bank $225,000 $250,000 11.1% 0.2%
Stride Bank $395,000 $245,000 -38.0% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,300,000 $245,000 -94.3% 0.2%
AMCAP MORTGAGE, LTD. $180,000 $230,000 27.8% 0.2%
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $230,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $780,000 $220,000 -71.8% 0.2%
Wyndham Capital Mortgage, Inc. $205,000 n/a 0.2%
The Security National Bank of Enid $385,000 $200,000 -48.1% 0.2%
The Stock Exchange Bank $195,000 n/a 0.2%
TruHome Solutions, LLC $195,000 n/a 0.2%
CREDIT UNION OF AMERICA $195,000 $185,000 -5.1% 0.2%
Bank of England $175,000 n/a 0.2%
CSL Financial, LLC $175,000 n/a 0.2%
DELMAR FINANCIAL COMPANY $175,000 n/a 0.2%
S1L, Inc. $175,000 n/a 0.2%
Chickasaw Community Bank $2,275,000 $165,000 -92.7% 0.2%
FINANCIAL CONCEPTS MORTGAGE, LLC $165,000 n/a 0.2%
CWM PARTNERS, L.P. $155,000 n/a 0.1%
COMMUNICATION $185,000 $150,000 -18.9% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $145,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $145,000 n/a 0.1%
PLANET HOME LENDING, LLC $145,000 n/a 0.1%
First Savings Bank $95,000 $135,000 42.1% 0.1%
MORIA DEVELOPMENT, INC. $205,000 $135,000 -34.1% 0.1%
SOUTHWEST STAGE FUNDING, LLC $135,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $105,000 $135,000 28.6% 0.1%
The Federal Savings Bank $135,000 n/a 0.1%
American Heritage Bank $105,000 $130,000 23.8% 0.1%
Barrington Bank & Trust Company, N.A. $200,000 $130,000 -35.0% 0.1%
JPMorgan Chase Bank $540,000 $130,000 -75.9% 0.1%
Morgan Stanley Private Bank $125,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $105,000 $125,000 19.0% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $85,000 $125,000 47.1% 0.1%
The Focus Federal Credit Union $125,000 n/a 0.1%
ASSOCIATED MORTGAGE CORPORATION $115,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $115,000 n/a 0.1%
Citadel Servicing Corporation $105,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $95,000 $105,000 10.5% 0.1%
UNITED MORTGAGE CORP. $105,000 n/a 0.1%
SPRING EQ, LLC $100,000 n/a 0.1%
KELLER MORTGAGE, LLC $570,000 $95,000 -83.3% 0.1%
Deere Employees Credit Union $85,000 n/a 0.1%
Quail Creek Bank $85,000 n/a 0.1%
RESIDENTIAL BANCORP. $85,000 n/a 0.1%
Ally Bank $105,000 $75,000 -28.6% 0.1%
Carrington Mortgage Services, LLC $85,000 $75,000 -11.8% 0.1%
VILLAGE CAPITAL MORTGAGE $495,000 $75,000 -84.8% 0.1%
WESTERN VISTA $430,000 $75,000 -82.6% 0.1%
Colonial Savings, F.A. $240,000 $65,000 -72.9% 0.1%
AMERICAN ADVISORS GROUP $60,000 $60,000 0.0% 0.1%
Northpointe Bank $55,000 n/a 0.1%
HEARTLAND CREDIT UNION $35,000 n/a 0.0%
NEWREZ LLC $660,000 $35,000 -94.7% 0.0%
The City National Bank and Trust Company of Lawton $55,000 $35,000 -36.4% 0.0%
Tinker Federal Credit Union $280,000 $35,000 -87.5% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%

Ponca City's top lender by overall market share is FLAT BRANCH MORTGAGE, INC., with 14.2% market share. In second place, with 10.8%, is First National Bank Of Oklahoma, having originated $11,870,000 in loans. In third place, with 9.2%, is RCB Bank, having originated $10,120,000 in loans. In fourth place, with 8.9%, is Equity Bank, having originated $9,810,000 in loans. In fifth place, with 6.0%, is QUICKEN LOANS, LLC, having originated $6,640,000 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. Louis
Date 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%) $126,667 (-13.7%) 0.00 188
2019-03-01 $108,286 (-9.5%) $128,490 (-11.6%) 0.00 180
2019-04-01 $109,786 (-7.4%) $131,546 (-8.9%) 0.00 174
2019-05-01 $108,425 (-9.3%) $134,914 (-7.2%) 0.00 175
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 (1.6%) 0.00 190
2020-03-01 $106,000 (-2.1%) $135,497 (5.5%) 0.00 182
2020-04-01 $104,450 (-4.9%) $148,551 (12.9%) 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
Ponca City's median listing price for 2023-02-01 was $192,200, a difference of $60,200 (45.6%) versus the prior year and $250 versus the prior month.

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

Ponca City's average listing price for 2023-02-01 was $218,818, a difference of $16,456 (8.1%) versus the prior year and $9,008 versus the prior month.

For the 2023-02-01 period, Ponca City had 80 MLS listings, a difference of -2 listings (-2%) versus the prior month and 18 listings (29%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Ponca City (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,689 sqft
2018-02-01 0 days 1,687 sqft
2018-03-01 0 days 1,700 sqft
2018-04-01 0 days 1,683 sqft
2018-05-01 0 days 1,698 sqft
2018-06-01 0 days 1,739 sqft
2018-07-01 0 days 1,798 sqft
2018-08-01 0 days 1,763 sqft
2018-09-01 0 days 1,728 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 1,594 sqft
2019-03-01 0 days 1,605 sqft
2019-04-01 0 days 1,621 sqft
2019-05-01 0 days 1,669 sqft
2019-06-01 0 days 1,732 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 1,625 sqft
2020-04-01 0 days 1,610 sqft
2020-05-01 0 days 1,634 sqft
2020-06-01 0 days 1,742 sqft
2020-07-01 0 days 1,683 sqft
2020-08-01 0 days 1,664 sqft
2020-09-01 0 days 1,606 sqft
2020-10-01 0 days 1,629 sqft
2020-11-01 0 days 1,572 sqft
2020-12-01 0 days 1,614 sqft
2021-01-01 0 days 1,543 sqft
2021-02-01 0 days 1,570 sqft
2021-03-01 0 days 1,650 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
Ponca City's median listing age (time on market) for 2023-02-01 was 0 days.

Ponca City's median square footage for active listings during the 2023-02-01 period was 1,943 sqft. One year prior, the average listing was 1,591 sqft.

Ponca City, OK Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 508 $75,690,000 $148,996
Refi 168 $18,370,000 $109,345
Cash Out Refi 87 $10,985,000 $126,264
Home Improvement 56 $3,140,000 $56,071
Other 29 $1,785,000 $61,552

Ponca City's most frequently cited loan purpose was Home Purchase, with 508 originations. The 2nd most popular reason was Refi, with 168 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 204 $28,270,000 $138,578
4-5% 154 $18,180,000 $118,052
3-4% 148 $22,540,000 $152,297
6-7% 113 $14,325,000 $126,770
7-8% 49 $4,835,000 $98,673
<2.5% 43 $3,385,000 $78,721
2.5-3% 27 $4,275,000 $158,333
Over 8% 15 $1,175,000 $78,333

During 2022, Ponca City's most frequently originated rate bucket was 5-6%, with 204 originations.

Loan Sizing (Ponca City, OK MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 421 $25,005,000 $59,394
$100k-200k 304 $42,790,000 $140,757
$200k-400k 105 $27,555,000 $262,429
$400k-600k 12 $5,660,000 $471,667
$600k-1000k 3 $2,125,000 $708,333
$Over $1MM 3 $6,835,000 $2,278,333

Ponca City's loan sizing saw the bucket of loans from $100,000 or less with 421 originations, totaling $25,005,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 388 $55,970,000 $144,253
60-80% 177 $21,655,000 $122,345
20-40% 67 $4,925,000 $73,507
40-60% 64 $8,190,000 $127,969
Under 20% 40 $1,680,000 $42,000
Over 100% 9 $1,525,000 $169,444

Ponca City's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 388 originations, totaling $55,970,000 in origination value.