Quincy Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Quincy averaged
6.39%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.82% and
one month ago for the week of 2023-02-09, the
average rate was 6.11%.
Quincy's average rate one year ago was 3.94%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.57%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
Quincy 30 Year Fixed Rate | 2023-03-16 | 6.39% |
Quincy 30 Year Fixed Rate Refi | 2023-03-16 | 6.57% |
Quincy 15 Year Fixed Rate | 2023-03-16 | 6.22% |
Quincy 15 Year Fixed Rate Refi | 2023-03-16 | 5.63% |
Quincy 30 Year FHA | 2023-03-16 | 6.19% |
Quincy 30 Year FHA Refi | 2023-03-16 | 6.61% |
Quincy 30 Year USDA | 2023-03-16 | 6.64% |
Quincy 30 Year USDA Refi | 2023-03-16 | 7.27% |
Quincy 30 Year VA | 2023-03-16 | 6.3% |
Quincy 30 Year VA Refi | 2023-03-16 | 5.98% |
Quincy 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 Quincy, IL-MO 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.).
Quincy Average Closing Costs & Other Stats
Quincy, IL-MO's 69 lenders originated 1,577
loans during 2021. The total origination value was $227,805,000, with an average loan value of
$144,455.
Quincy's average closing costs are $2,794.
The top Quincy lender as defined by loan originations is United Community Bank, with
138 loans originated. Their average total fees are
$1,438, which is $123
lower than the next largest lender,
First Bankers Trust Company.
The lowest fee Quincy lenders (with over 10 loans originated) are
United Community Bank ($1,438), First Bankers Trust Company ($1,561), Bank of Springfield ($1,666), HomeBank ($1,669) and Town & Country Banc Mortgage Services, Inc. ($1,805).
The lowest rate Quincy lenders (with over 10 loans originated) are
Bank of Springfield (2.89%), First Bankers Trust Company (2.94%), HomeBank (3.05%), United Community Bank (3.06%) and Community Mortgage Banc Corporation (3.15%).
Quincy, IL-MO 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
First Bankers Trust Company | $64,105,000 | $45,360,000 | -29.2% | 19.9% |
United Community Bank | $65,000,000 | $41,530,000 | -36.1% | 18.2% |
HomeBank | $34,460,000 | $22,635,000 | -34.3% | 9.9% |
CROSSCOUNTRY MORTGAGE, LLC | $17,325,000 | $13,935,000 | -19.6% | 6.1% |
QUICKEN LOANS, LLC | $11,190,000 | $10,585,000 | -5.4% | 4.6% |
Bank of Springfield | $14,000,000 | $8,620,000 | -38.4% | 3.8% |
FREEDOM MORTGAGE CORPORATION | $4,020,000 | $6,150,000 | 53.0% | 2.7% |
Town & Country Banc Mortgage Services, Inc. | $9,180,000 | $6,000,000 | -34.6% | 2.6% |
Mortgage Research Center, LLC | $6,180,000 | $5,955,000 | -3.6% | 2.6% |
DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $4,000,000 | $4,805,000 | 20.1% | 2.1% |
Wisconsin River Bank | $4,250,000 | $4,035,000 | -5.1% | 1.8% |
Community Mortgage Banc Corporation | $1,550,000 | $3,095,000 | 99.7% | 1.4% |
FLAT BRANCH MORTGAGE, INC. | $1,480,000 | $2,960,000 | 100.0% | 1.3% |
GERSHMAN INVESTMENT CORP. | $1,165,000 | $2,475,000 | 112.4% | 1.1% |
First Mid Bank & Trust | $4,590,000 | $2,430,000 | -47.1% | 1.1% |
ORIX REAL ESTATE CAPITAL, LLC | $2,095,000 | n/a | 0.9% | |
Mr. Cooper ( Nationstar Mortgage ) | $1,845,000 | $1,970,000 | 6.8% | 0.9% |
DELMAR FINANCIAL COMPANY | $1,155,000 | $1,925,000 | 66.7% | 0.8% |
THOMPSON KANE & COMPANY, LLC | $3,340,000 | $1,830,000 | -45.2% | 0.8% |
U.S. Bank | $1,285,000 | $1,690,000 | 31.5% | 0.7% |
NAVY FEDERAL CREDIT UNION | $810,000 | $1,680,000 | 107.4% | 0.7% |
HNB National Bank | $3,060,000 | $1,610,000 | -47.4% | 0.7% |
Wells Fargo Bank | $2,120,000 | $1,565,000 | -26.2% | 0.7% |
COMPEER FINANCIAL, FLCA | $2,070,000 | $1,405,000 | -32.1% | 0.6% |
Bank of America | $1,285,000 | $1,395,000 | 8.6% | 0.6% |
VILLAGE CAPITAL & INVESTMENT LLC | $635,000 | $1,250,000 | 96.9% | 0.5% |
LEADERONE FINANCIAL CORPORATION | $3,010,000 | $1,145,000 | -62.0% | 0.5% |
CALIBER HOME LOANS, INC. | $630,000 | $1,040,000 | 65.1% | 0.5% |
The Huntington National Bank | $165,000 | $965,000 | 484.8% | 0.4% |
First Federal Bank | $245,000 | $875,000 | 257.1% | 0.4% |
CIVIC FINANCIAL SERVICES, LLC | $810,000 | n/a | 0.4% | |
LOANDEPOT.COM, LLC | $650,000 | $755,000 | 16.2% | 0.3% |
LAKEVIEW LOAN SERVICING, LLC | $210,000 | $685,000 | 226.2% | 0.3% |
AMERISAVE MORTGAGE CORPORATION | $1,090,000 | $675,000 | -38.1% | 0.3% |
JPMorgan Chase Bank | $1,090,000 | $660,000 | -39.4% | 0.3% |
BETTER MORTGAGE CORPORATION | $655,000 | n/a | 0.3% | |
PENNYMAC LOAN SERVICES, LLC | $760,000 | $625,000 | -17.8% | 0.3% |
HOMESIDE FINANCIAL, LLC | $245,000 | $600,000 | 144.9% | 0.3% |
Plains Commerce Bank | $1,185,000 | $580,000 | -51.1% | 0.3% |
First Bank | $385,000 | $545,000 | 41.6% | 0.2% |
CELEBRITY HOME LOANS, LLC | $175,000 | $505,000 | 188.6% | 0.2% |
NEW DAY FINANCIAL, LLC | $575,000 | $500,000 | -13.0% | 0.2% |
AMERICAN FINANCING CORPORATION | $495,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $635,000 | $485,000 | -23.6% | 0.2% |
BROKER SOLUTIONS, INC. | $260,000 | $465,000 | 78.8% | 0.2% |
Fifth Third Bank | $155,000 | $465,000 | 200.0% | 0.2% |
Citizens Bank | $415,000 | n/a | 0.2% | |
Commerce Bank | $755,000 | $415,000 | -45.0% | 0.2% |
NEWREZ LLC | $400,000 | n/a | 0.2% | |
CNB Bank And Trust, N.A. | $390,000 | n/a | 0.2% | |
GUARANTEED RATE, INC. | $325,000 | $390,000 | 20.0% | 0.2% |
CMG MORTGAGE, INC. | $375,000 | n/a | 0.2% | |
USAA Federal Savings Bank | $1,240,000 | $375,000 | -69.8% | 0.2% |
Arvest Bank | $390,000 | $370,000 | -5.1% | 0.2% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $365,000 | n/a | 0.2% | |
PREMIA MORTGAGE, LLC | $365,000 | n/a | 0.2% | |
Barrington Bank & Trust Company, N.A. | $765,000 | $360,000 | -52.9% | 0.2% |
NBKC BANK | $360,000 | n/a | 0.2% | |
North American Savings Bank, F.S.B. | $345,000 | n/a | 0.2% | |
DRAPER AND KRAMER MORTGAGE CORP. | $465,000 | $335,000 | -28.0% | 0.1% |
GUILD MORTGAGE COMPANY | $240,000 | $310,000 | 29.2% | 0.1% |
Fortress Bank | $275,000 | $280,000 | 1.8% | 0.1% |
FIRST INTEGRITY MORTGAGE SERVICES, INC. | $270,000 | n/a | 0.1% | |
TJC Mortgage, Inc. | $265,000 | n/a | 0.1% | |
Nations Lending Corporation | $145,000 | $260,000 | 79.3% | 0.1% |
AMERICAN PORTFOLIO MORTGAGE CORPORATION | $255,000 | n/a | 0.1% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $700,000 | $245,000 | -65.0% | 0.1% |
Magnolia Bank | $235,000 | n/a | 0.1% | |
CLEARPATH LENDING | $225,000 | n/a | 0.1% | |
Financial Funding Solutions, Inc. | $705,000 | $210,000 | -70.2% | 0.1% |
AMERICAN FINANCIAL NETWORK, INC. | $285,000 | $205,000 | -28.1% | 0.1% |
FIRST STATE MORTGAGE SERVICES, LLC | $115,000 | $205,000 | 78.3% | 0.1% |
UNION HOME MORTGAGE CORP. | $205,000 | $205,000 | 0.0% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $85,000 | $200,000 | 135.3% | 0.1% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $195,000 | n/a | 0.1% | |
Mid-Illini Credit Union | $195,000 | n/a | 0.1% | |
MISSOURI ELECTRIC COOPERATIVES EMPL | $195,000 | n/a | 0.1% | |
NP, Inc. | $185,000 | $195,000 | 5.4% | 0.1% |
Servion, Inc. | $195,000 | n/a | 0.1% | |
UNITED WHOLESALE MORTGAGE, LLC | $380,000 | $190,000 | -50.0% | 0.1% |
INTERCAP LENDING INC. | $185,000 | n/a | 0.1% | |
Northwest Bank | $185,000 | n/a | 0.1% | |
Prairie State Bank and Trust | $415,000 | $185,000 | -55.4% | 0.1% |
The Federal Savings Bank | $490,000 | $185,000 | -62.2% | 0.1% |
COLORADO CREDIT UNION | $175,000 | n/a | 0.1% | |
PNC Bank | $145,000 | $170,000 | 17.2% | 0.1% |
Mid-Continent Funding, Inc. | $165,000 | n/a | 0.1% | |
The First National Bank and Trust Company | $165,000 | n/a | 0.1% | |
EVANSVILLE TEACHERS | $155,000 | n/a | 0.1% | |
FAMILY FINANCE MORTGAGE, LLC | $155,000 | n/a | 0.1% | |
HOME POINT FINANCIAL CORPORATION | $175,000 | $155,000 | -11.4% | 0.1% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $105,000 | $155,000 | 47.6% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $205,000 | $145,000 | -29.3% | 0.1% |
Town and Country Bank | $1,925,000 | $145,000 | -92.5% | 0.1% |
CITIZENS EQUITY FIRST | $230,000 | $135,000 | -41.3% | 0.1% |
First National Bank of Omaha | $135,000 | n/a | 0.1% | |
InterContinental Capital Group, Inc | $135,000 | n/a | 0.1% | |
CHERRY CREEK MORTGAGE, LLC | $125,000 | n/a | 0.1% | |
GUARANTEED RATE AFFINITY, LLC | $125,000 | n/a | 0.1% | |
Stillman BancCorp N.A. | $125,000 | n/a | 0.1% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $115,000 | n/a | 0.1% | |
The Home Loan Expert LLC | $115,000 | n/a | 0.1% | |
Figure Lending LLC | $110,000 | n/a | 0.0% | |
Associated Bank | $105,000 | n/a | 0.0% | |
DAS Acquisition Company, LLC | $75,000 | $105,000 | 40.0% | 0.0% |
Flanagan State Bank | $105,000 | n/a | 0.0% | |
Hickory Point Bank and Trust | $105,000 | n/a | 0.0% | |
INB | $105,000 | n/a | 0.0% | |
Neighborhood Loans, Inc. | $75,000 | $105,000 | 40.0% | 0.0% |
OPEN MORTGAGE, LLC | $105,000 | n/a | 0.0% | |
Truist Bank | $105,000 | n/a | 0.0% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $185,000 | $95,000 | -48.6% | 0.0% |
The Central Trust Bank | $95,000 | n/a | 0.0% | |
Alliant Bank | $155,000 | $85,000 | -45.2% | 0.0% |
Heartland Bank and Trust Company | $85,000 | n/a | 0.0% | |
Marine Bank | $85,000 | $85,000 | 0.0% | 0.0% |
Midwest Heritage Bank FSB | $1,140,000 | $85,000 | -92.5% | 0.0% |
Stifel Bank and Trust | $375,000 | $85,000 | -77.3% | 0.0% |
Sunflower Bank | $185,000 | $85,000 | -54.1% | 0.0% |
Chickasaw Community Bank | $75,000 | n/a | 0.0% | |
FCS Financial FLCA | $75,000 | n/a | 0.0% | |
BLUELEAF LENDING, LLC | $65,000 | n/a | 0.0% | |
Citibank | $55,000 | n/a | 0.0% | |
Low VA Rates, LLC | $995,000 | $55,000 | -94.5% | 0.0% |
TRIAD FINANCIAL SERVICES, INC. | $45,000 | $55,000 | 22.2% | 0.0% |
AMERICAN ADVISORS GROUP | $35,000 | $45,000 | 28.6% | 0.0% |
Manufacturers and Traders Trust Company | $35,000 | n/a | 0.0% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $265,000 | $35,000 | -86.8% | 0.0% |
COMMUNITY 1ST CREDIT UNION | $15,000 | n/a | 0.0% |
Quincy's top lender by overall market share is First Bankers Trust Company, with 19.9% market share. In second place, with 18.2%, is United Community Bank, having originated $41,530,000 in loans. In third place, with 9.9%, is HomeBank, having originated $22,635,000 in loans. In fourth place, with 6.1%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $13,935,000 in loans. In fifth place, with 4.6%, is QUICKEN LOANS, LLC, having originated $10,585,000 in loans.
Quincy Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Quincy (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 | $115,000 (-1.3%) | $153,095 (-5.0%) | 0.00 | 269 |
2018-02-01 | $118,350 (-4.6%) | $151,863 (-9.6%) | 0.00 | 295 |
2018-03-01 | $124,950 (-2.7%) | $158,261 (-8.5%) | 0.00 | 290 |
2018-04-01 | $128,075 (-1.4%) | $163,545 (-6.6%) | 0.00 | 296 |
2018-05-01 | $130,725 (-1.7%) | $168,252 (-5.6%) | 0.00 | 293 |
2018-06-01 | $137,950 (7.2%) | $174,075 (-0.6%) | 0.00 | 299 |
2018-07-01 | $134,950 (8.0%) | $171,993 (-0.5%) | 0.00 | 303 |
2018-08-01 | $137,500 (14.6%) | $173,352 (2.5%) | 0.00 | 302 |
2018-09-01 | $136,750 (10.3%) | $171,511 (1.0%) | 0.00 | 310 |
2018-10-01 | $130,000 (6.1%) | $163,377 (-1.1%) | 0.00 | 328 |
2018-11-01 | $133,975 (11.7%) | $165,136 (4.4%) | 0.00 | 314 |
2018-12-01 | $127,000 (7.9%) | $162,619 (4.8%) | 0.00 | 303 |
2019-01-01 | $125,475 (9.1%) | $160,417 (4.8%) | 0.00 | 284 |
2019-02-01 | $127,200 (7.5%) | $163,717 (7.8%) | 0.00 | 289 |
2019-03-01 | $128,529 (2.9%) | $165,099 (4.3%) | 0.00 | 309 |
2019-04-01 | $129,900 (1.4%) | $166,995 (2.1%) | 0.00 | 319 |
2019-05-01 | $132,125 (1.1%) | $163,885 (-2.6%) | 0.00 | 314 |
2019-06-01 | $135,500 (-1.8%) | $165,903 (-4.7%) | 0.00 | 301 |
2019-07-01 | $135,000 (0.0%) | $164,882 (-4.1%) | 0.00 | 305 |
2019-08-01 | $136,091 (-1.0%) | $166,078 (-4.2%) | 0.00 | 317 |
2019-09-01 | $137,727 (0.7%) | $167,926 (-2.1%) | 0.00 | 322 |
2019-10-01 | $139,250 (7.1%) | $169,451 (3.7%) | 0.00 | 325 |
2019-11-01 | $140,900 (5.2%) | $171,862 (4.1%) | 0.00 | 316 |
2019-12-01 | $141,875 (11.7%) | $174,271 (7.2%) | 0.00 | 305 |
2020-01-01 | $139,900 (11.5%) | $172,284 (7.4%) | 0.00 | 236 |
2020-02-01 | $139,900 (10.0%) | $174,035 (6.3%) | 0.00 | 214 |
2020-03-01 | $145,325 (13.1%) | $176,931 (7.2%) | 0.00 | 214 |
2020-04-01 | $141,875 (9.2%) | $179,556 (7.5%) | 0.00 | 213 |
2020-05-01 | $141,200 (6.9%) | $182,176 (11.2%) | 0.00 | 292 |
2020-06-01 | $149,000 (10.0%) | $187,400 (13.0%) | 0.00 | 299 |
2020-07-01 | $147,750 (9.4%) | $188,636 (14.4%) | 0.00 | 294 |
2020-08-01 | $145,000 (6.6%) | $183,206 (10.3%) | 0.00 | 278 |
2020-09-01 | $143,325 (4.1%) | $179,374 (6.8%) | 0.00 | 269 |
2020-10-01 | $145,000 (4.1%) | $179,812 (6.1%) | 0.00 | 250 |
2020-11-01 | $141,200 (0.2%) | $174,355 (1.5%) | 0.00 | 245 |
2020-12-01 | $129,700 (-8.6%) | $162,286 (-6.9%) | 0.00 | 216 |
2021-01-01 | $126,700 (-9.4%) | $163,295 (-5.2%) | 0.00 | 189 |
2021-02-01 | $128,150 (-8.4%) | $164,400 (-5.5%) | 0.00 | 186 |
2021-03-01 | $125,900 (-13.4%) | $171,091 (-3.3%) | 0.00 | 167 |
2021-04-01 | $127,900 (-9.9%) | $175,295 (-2.4%) | 0.00 | 184 |
2021-05-01 | $128,900 (-8.7%) | $182,137 (0.0%) | 0.00 | 168 |
2021-06-01 | $129,625 (-13.0%) | $183,614 (-2.0%) | 0.00 | 154 |
2021-07-01 | $130,950 (-11.4%) | $185,807 (-1.5%) | 0.00 | 181 |
2021-08-01 | $120,000 (-17.2%) | $178,507 (-2.6%) | 0.00 | 177 |
2021-09-01 | $122,950 (-14.2%) | $173,756 (-3.1%) | 0.00 | 172 |
2021-10-01 | $135,000 (-6.9%) | $188,975 (5.1%) | 0.00 | 178 |
2021-11-01 | $134,950 (-4.4%) | $198,702 (14.0%) | 0.00 | 153 |
2021-12-01 | $137,250 (5.8%) | $203,079 (25.1%) | 0.00 | 138 |
2022-01-01 | $129,900 (2.5%) | $207,362 (27.0%) | 0.00 | 107 |
2022-02-01 | $128,150 (0.0%) | $205,424 (25.0%) | 0.00 | 123 |
2022-03-01 | $129,950 (3.2%) | $230,172 (34.5%) | 0.00 | 105 |
2022-04-01 | $145,000 (13.4%) | $230,248 (31.4%) | 0.00 | 110 |
2022-05-01 | $149,900 (16.3%) | $224,146 (23.1%) | 0.00 | 128 |
2022-06-01 | $146,125 (12.7%) | $217,443 (18.4%) | 0.00 | 140 |
2022-07-01 | $159,000 (21.4%) | $210,444 (13.3%) | 0.00 | 107 |
2022-08-01 | $164,250 (36.9%) | $203,930 (14.2%) | 0.00 | 112 |
2022-09-01 | $163,475 (33.0%) | $203,997 (17.4%) | 0.00 | 132 |
2022-10-01 | $149,900 (11.0%) | $200,270 (6.0%) | 0.00 | 134 |
2022-11-01 | $139,900 (3.7%) | $186,937 (-5.9%) | 0.00 | 132 |
2022-12-01 | $129,500 (-5.7%) | $171,185 (-15.7%) | 0.00 | 108 |
2023-01-01 | $130,000 (0.1%) | $187,481 (-9.6%) | 0.00 | 103 |
2023-02-01 | $139,925 (9.2%) | $200,998 (-2.2%) | 0.00 | 105 |
Quincy's median listing price comes in at 0% of the national average.
Quincy's average listing price for 2023-02-01 was $200,998, a difference of $-4,426 (-2.2%) versus the prior year and $13,517 versus the prior month.
For the 2023-02-01 period, Quincy had 105 MLS listings, a difference of 2 listings (2%) versus the prior month and -18 listings (-15%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Quincy (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,561 sqft |
2018-02-01 | 0 days | 1,574 sqft |
2018-03-01 | 0 days | 1,576 sqft |
2018-04-01 | 0 days | 1,587 sqft |
2018-05-01 | 0 days | 1,540 sqft |
2018-06-01 | 0 days | 1,576 sqft |
2018-07-01 | 0 days | 1,569 sqft |
2018-08-01 | 0 days | 1,600 sqft |
2018-09-01 | 0 days | 1,623 sqft |
2018-10-01 | 0 days | 1,610 sqft |
2018-11-01 | 0 days | 1,616 sqft |
2018-12-01 | 0 days | 1,600 sqft |
2019-01-01 | 0 days | 1,600 sqft |
2019-02-01 | 0 days | 1,596 sqft |
2019-03-01 | 0 days | 1,585 sqft |
2019-04-01 | 0 days | 1,586 sqft |
2019-05-01 | 0 days | 1,596 sqft |
2019-06-01 | 0 days | 1,604 sqft |
2019-07-01 | 0 days | 1,576 sqft |
2019-08-01 | 0 days | 1,581 sqft |
2019-09-01 | 0 days | 1,592 sqft |
2019-10-01 | 0 days | 1,600 sqft |
2019-11-01 | 0 days | 1,600 sqft |
2019-12-01 | 0 days | 1,644 sqft |
2020-01-01 | 0 days | 1,648 sqft |
2020-02-01 | 0 days | 1,650 sqft |
2020-03-01 | 0 days | 1,656 sqft |
2020-04-01 | 0 days | 1,629 sqft |
2020-05-01 | 0 days | 1,650 sqft |
2020-06-01 | 0 days | 1,655 sqft |
2020-07-01 | 0 days | 1,585 sqft |
2020-08-01 | 0 days | 1,561 sqft |
2020-09-01 | 0 days | 1,502 sqft |
2020-10-01 | 0 days | 1,530 sqft |
2020-11-01 | 0 days | 1,525 sqft |
2020-12-01 | 0 days | 1,484 sqft |
2021-01-01 | 0 days | 1,470 sqft |
2021-02-01 | 0 days | 1,477 sqft |
2021-03-01 | 0 days | 1,534 sqft |
2021-04-01 | 0 days | 1,530 sqft |
2021-05-01 | 0 days | 1,582 sqft |
2021-06-01 | 0 days | 1,613 sqft |
2021-07-01 | 0 days | 1,577 sqft |
2021-08-01 | 0 days | 1,482 sqft |
2021-09-01 | 0 days | 1,467 sqft |
2021-10-01 | 0 days | 1,482 sqft |
2021-11-01 | 0 days | 1,534 sqft |
2021-12-01 | 0 days | 1,550 sqft |
2022-01-01 | 0 days | 1,591 sqft |
2022-02-01 | 0 days | 1,542 sqft |
2022-03-01 | 0 days | 1,524 sqft |
2022-04-01 | 0 days | 1,600 sqft |
2022-05-01 | 0 days | 1,580 sqft |
2022-06-01 | 0 days | 1,455 sqft |
2022-07-01 | 0 days | 1,555 sqft |
2022-08-01 | 0 days | 1,645 sqft |
2022-09-01 | 0 days | 1,635 sqft |
2022-10-01 | 0 days | 1,622 sqft |
2022-11-01 | 0 days | 1,619 sqft |
2022-12-01 | 0 days | 1,596 sqft |
2023-01-01 | 0 days | 1,593 sqft |
2023-02-01 | 0 days | 1,593 sqft |
Quincy's median square footage for active listings during the 2023-02-01 period was 1,593 sqft. One year prior, the average listing was 1,542 sqft.
Quincy, IL-MO Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 771 | $109,375,000 | $141,861 |
Refi | 473 | $71,915,000 | $152,040 |
Cash Out Refi | 297 | $42,785,000 | $144,057 |
Home Improvement | 22 | $1,750,000 | $79,545 |
Other | 14 | $1,980,000 | $141,429 |
Quincy's most frequently cited loan purpose was Home Purchase, with 771 originations. The 2nd most popular reason was Refi, with 473 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 560 | $81,580,000 | $145,679 |
2.5-3% | 509 | $73,345,000 | $144,096 |
<2.5% | 419 | $61,025,000 | $145,644 |
4-5% | 70 | $6,300,000 | $90,000 |
5-6% | 8 | $410,000 | $51,250 |
6-7% | 7 | $935,000 | $133,571 |
Over 8% | 2 | $90,000 | $45,000 |
During 2021, Quincy's most frequently originated rate bucket was 3-4%, with 560 originations.
Loan Sizing (Quincy, IL-MO MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 766 | $107,080,000 | $139,791 |
$100,000 or less | 551 | $37,835,000 | $68,666 |
$200k-400k | 228 | $59,440,000 | $260,702 |
$400k-600k | 26 | $12,170,000 | $468,077 |
$Over $1MM | 4 | $9,530,000 | $2,382,500 |
$600k-1000k | 2 | $1,750,000 | $875,000 |
Quincy's loan sizing saw the bucket of loans from $100k-200k with 766 originations, totaling $107,080,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 718 | $104,090,000 | $144,972 |
60-80% | 525 | $82,045,000 | $156,276 |
40-60% | 157 | $18,755,000 | $119,459 |
20-40% | 71 | $5,735,000 | $80,775 |
Under 20% | 38 | $1,300,000 | $34,211 |
Over 100% | 14 | $3,990,000 | $285,000 |
Quincy's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 718 originations, totaling $104,090,000 in origination value.