Rochelle Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Rochelle averaged 6.22% 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 6.22% and one month ago for the week of 2024-09-05, the average rate was 6.55%.

Rochelle's average rate one year ago was 7.39%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Rochelle 30 Year Fixed Rate 2024-10-10 6.22%
Rochelle 30 Year Fixed Rate Refi 2024-10-10 6.22%
Rochelle 15 Year Fixed Rate 2024-10-10 5.21%
Rochelle 15 Year Fixed Rate Refi 2024-10-10 5.71%
Rochelle 30 Year FHA 2024-10-10 5.83%
Rochelle 30 Year FHA Refi 2024-10-10 6.3%
Rochelle 30 Year USDA 2024-10-10 5.88%
Rochelle 30 Year USDA Refi 2024-10-10 6.18%
Rochelle 30 Year VA 2024-10-10 6.05%
Rochelle 30 Year VA Refi 2024-10-10 5.75%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Rochelle, IL.

Rochelle 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 Rochelle, IL 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
Stillman Bank 35 6.69% $2,063
GREENSTATE CREDIT UNION 26 6.53% $2,773
Central Bank Illinois 19 6.81% $2,303
Byron Bank 16 6.92% $2,827
Blackhawk Bank 14 6.81% $3,824
QUICKEN LOANS, LLC 12 6.83% $6,357
ENVOY MORTGAGE, LTD 11 6.99% $4,804
FIRST NORTHERN Credit Union 11 6.83% $2,813
JPMorgan Chase Bank 9 7.01% $5,044
U.S. Bank 8 6.95% $2,859
GUILD MORTGAGE COMPANY 7 7.13% $5,387
First State Bank 6 6.56% $2,214
COMPEER FINANCIAL, FLCA 4 7.81% $4,104
Midland States Bank 4 7.06% $3,355
The Huntington National Bank 4 6.78% $2,762
UNITED WHOLESALE MORTGAGE, LLC 4 7.25% $4,972
CROSSCOUNTRY MORTGAGE, LLC 4 6.96% $5,821
Community Mortgage Banc Corporation 3 7.58% $3,108
Key Mortgage Services, Inc. 3 6.96% $4,313
FIRST CENTENNIAL MORTGAGE CORPORATION 3 6.21% $3,561
First National Bank of Omaha 3 6.42% $3,371
CHURCHILL MORTGAGE CORPORATION 3 7.50% $4,436
Fifth Third Bank 3 7.08% $3,631
LOANDEPOT.COM, LLC 2 7.50% $4,876
DRAPER AND KRAMER MORTGAGE CORP. 2 6.06% $4,210
Bank of America 2 7.19% $5,305
COMPASS MORTGAGE, INC. 2 6.31% $4,031
Flanagan State Bank 2 6.94% $4,340
GUARANTEED RATE, INC. 2 7.06% $6,216
University of Wisconsin Credit Union 2 7.56% $2,645
NAVY FEDERAL CREDIT UNION 2 7.50% $1,871
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.00% $5,174
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.99% $4,391
Mortgage Research Center, LLC 2 7.13% $5,503
Old Second National Bank 2 6.31% $4,670
CITIZENS EQUITY FIRST 2 5.94% $875
PLANET HOME LENDING, LLC 2 6.63% $3,552
PNC Bank 2 7.13% $3,532
ZILLOW HOME LOANS, LLC 1 7.13% $3,988
Associated Bank 1 6.88% $3,114
AXIA FINANCIAL, LLC 1 7.38% $4,455
Baxter Credit Union 1 5.88% $6,290
BAY EQUITY LLC 1 6.38% $3,068
BMO Harris Bank 1 7.25% $3,297
BROKER SOLUTIONS, INC. 1 6.85% $6,743
CALIBER HOME LOANS, INC. 1 7.50% $3,349
CARDINAL FINANCIAL 1 7.63% $5,627
Century Mortgage Company DBA Century Lending Company 1 6.13% $5,723
DAS Acquisition Company, LLC 1 6.50% $5,171
Deere Employees Credit Union 1 6.25% $5,155
DUPACO COMMUNITY 1 5.75% $3,248
First Community Credit Union 1 6.00% $1,558
First Federal Bank 1 6.75% $2,514
First Mid Bank & Trust 1 8.13% $4,319
First National Bank of America 1 11.50% $6,105
Flagstar Bank, FSB 1 6.88% $7,057
FLAT BRANCH MORTGAGE, INC. 1 7.13% $2,918
FOUNDATION MORTGAGE CORPORATION 1 8.00% $10,133
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.38% $4,183
HOMESIDE FINANCIAL, LLC 1 6.99% $3,419
Iroquois Federal Savings and Loan Association 1 6.75% $2,556
NATIONS RELIABLE LENDING, LLC 1 6.38% $2,303
NBKC BANK 1 5.63% $4,326
Neighborhood Loans, Inc. 1 8.00% $4,883
NEWREZ LLC 1 7.75% $4,496
NORTHWEST BANK OF ROCKFORD 1 6.50% $2,776
NUMARK CREDIT UNION 1 6.63% $2,798
Old National Bank 1 6.38% $3,208
Paramount Residential Mortgage Group, Inc. 1 6.50% $8,016
PENNYMAC LOAN SERVICES, LLC 1 5.88% $6,829
PLAZA HOME MORTGAGE, INC. 1 5.88% $4,854
Rock Valley Credit Union 1 6.91% $2,433
Summit Credit Union 1 8.13% $2,725
The First National Bank and Trust Company 1 6.63% $2,783
USAA Federal Savings Bank 1 6.13% $5,800
ALLIANT CREDIT UNION 1 6.88% $4,932

Rochelle Average Closing Costs & Other Stats

Rochelle, IL's 76 lenders originated 749 loans during 2023. The total origination value was $111,225,000, with an average loan value of $148,498.

Rochelle's average closing costs are $4,067.

The top Rochelle lender as defined by loan originations is Stillman Bank, with 35 loans originated. Their average total fees are $2,063, which is $710 lower than the next largest lender, GREENSTATE CREDIT UNION.

The lowest fee Rochelle lenders (with over 10 loans originated) are Stillman Bank ($2,063), Central Bank Illinois ($2,303), GREENSTATE CREDIT UNION ($2,773), FIRST NORTHERN Credit Union ($2,813) and Byron Bank ($2,827).

The lowest rate Rochelle lenders (with over 10 loans originated) are GREENSTATE CREDIT UNION (6.53%), Stillman Bank (6.69%), Blackhawk Bank (6.81%), Central Bank Illinois (6.81%) and FIRST NORTHERN Credit Union (6.83%).

Rochelle, IL 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
Central Bank Illinois $8,435,000 $7,500,000 -11.1% 6.7%
Holcomb Bank $13,000,000 $7,010,000 -46.1% 6.3%
GREENSTATE CREDIT UNION $880,000 $6,850,000 678.4% 6.2%
Stillman Bank $10,025,000 $6,580,000 -34.4% 5.9%
QUICKEN LOANS, LLC $7,765,000 $6,235,000 -19.7% 5.6%
Byron Bank $5,385,000 $3,985,000 -26.0% 3.6%
Mortgage Research Center, LLC $4,430,000 $3,890,000 -12.2% 3.5%
ENVOY MORTGAGE, LTD $4,980,000 $3,110,000 -37.6% 2.8%
FIRST NORTHERN Credit Union $1,600,000 $2,750,000 71.9% 2.5%
LOANDEPOT.COM, LLC $1,720,000 $2,670,000 55.2% 2.4%
First State Bank $4,270,000 $2,665,000 -37.6% 2.4%
JPMorgan Chase Bank $1,605,000 $2,500,000 55.8% 2.2%
GUILD MORTGAGE COMPANY $2,335,000 n/a 2.1%
Blackhawk Bank $4,720,000 $2,305,000 -51.2% 2.1%
UNITED WHOLESALE MORTGAGE, LLC $1,980,000 $2,140,000 8.1% 1.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,345,000 $1,945,000 44.6% 1.7%
COMPASS MORTGAGE, INC. $2,405,000 $1,865,000 -22.5% 1.7%
Union Savings Bank $5,670,000 $1,820,000 -67.9% 1.6%
U.S. Bank $3,235,000 $1,760,000 -45.6% 1.6%
GUARANTEED RATE, INC. $2,180,000 $1,735,000 -20.4% 1.6%
CROSSCOUNTRY MORTGAGE, LLC $1,765,000 $1,695,000 -4.0% 1.5%
COMPEER FINANCIAL, FLCA $835,000 $1,550,000 85.6% 1.4%
PNC Bank $315,000 $1,370,000 334.9% 1.2%
Midland States Bank $970,000 $1,365,000 40.7% 1.2%
First National Bank of Omaha $1,500,000 $1,180,000 -21.3% 1.1%
USAA Federal Savings Bank $995,000 $1,135,000 14.1% 1.0%
MUTUAL OF OMAHA MORTGAGE, INC. $660,000 $1,075,000 62.9% 1.0%
Sauk Valley Bank & Trust Company $1,620,000 $1,025,000 -36.7% 0.9%
Community Mortgage Banc Corporation $1,815,000 $1,000,000 -44.9% 0.9%
The Huntington National Bank $1,170,000 $975,000 -16.7% 0.9%
Old Second National Bank $460,000 $920,000 100.0% 0.8%
DRAPER AND KRAMER MORTGAGE CORP. $395,000 $910,000 130.4% 0.8%
Old National Bank $250,000 $895,000 258.0% 0.8%
CALIBER HOME LOANS, INC. $530,000 $885,000 67.0% 0.8%
ACADEMY MORTGAGE CORPORATION $1,590,000 $805,000 -49.4% 0.7%
FIRST CENTENNIAL MORTGAGE CORPORATION $2,035,000 $790,000 -61.2% 0.7%
Rock Valley Credit Union $785,000 $790,000 0.6% 0.7%
Key Mortgage Services, Inc. $625,000 n/a 0.6%
PLANET HOME LENDING, LLC $955,000 $615,000 -35.6% 0.6%
LAKEVIEW LOAN SERVICING, LLC $475,000 $575,000 21.1% 0.5%
NEW DAY FINANCIAL, LLC $665,000 $550,000 -17.3% 0.5%
NEWREZ LLC $495,000 $545,000 10.1% 0.5%
GUARANTEED RATE AFFINITY, LLC $235,000 $525,000 123.4% 0.5%
PLAZA HOME MORTGAGE, INC. $590,000 $510,000 -13.6% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $500,000 n/a 0.4%
CARDINAL FINANCIAL $320,000 $480,000 50.0% 0.4%
CHURCHILL MORTGAGE CORPORATION $470,000 n/a 0.4%
NAVY FEDERAL CREDIT UNION $1,345,000 $470,000 -65.1% 0.4%
Fifth Third Bank $1,325,000 $465,000 -64.9% 0.4%
Bank of America $270,000 $460,000 70.4% 0.4%
University of Wisconsin Credit Union $215,000 $455,000 111.6% 0.4%
Deere Employees Credit Union $50,000 $450,000 800.0% 0.4%
The Harvard State Bank $1,295,000 $415,000 -68.0% 0.4%
NORTHWEST BANK OF ROCKFORD $1,230,000 $405,000 -67.1% 0.4%
CITIZENS EQUITY FIRST $155,000 $390,000 151.6% 0.4%
Flanagan State Bank $1,000,000 $365,000 -63.5% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $2,740,000 $365,000 -86.7% 0.3%
Farmers National Bank $190,000 $350,000 84.2% 0.3%
First Community Credit Union $55,000 $350,000 536.4% 0.3%
DAS Acquisition Company, LLC $325,000 n/a 0.3%
Magnolia Bank $325,000 n/a 0.3%
Associated Bank $275,000 $320,000 16.4% 0.3%
Neighborhood Loans, Inc. $410,000 $315,000 -23.2% 0.3%
Flagstar Bank, FSB $560,000 $310,000 -44.6% 0.3%
Simmons Bank $275,000 n/a 0.2%
BMO Harris Bank $365,000 $270,000 -26.0% 0.2%
Century Mortgage Company DBA Century Lending Company $260,000 n/a 0.2%
Mutual Federal Bank $125,000 $255,000 104.0% 0.2%
ZILLOW HOME LOANS, LLC $255,000 n/a 0.2%
Cornerstone National Bank & Trust Company $245,000 n/a 0.2%
Iroquois Federal Savings and Loan Association $245,000 n/a 0.2%
Baxter Credit Union $240,000 n/a 0.2%
Discover Bank $45,000 $230,000 411.1% 0.2%
United Community Bank $1,295,000 $230,000 -82.2% 0.2%
FOUNDATION MORTGAGE CORPORATION $215,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $215,000 n/a 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $500,000 $205,000 -59.0% 0.2%
Paramount Residential Mortgage Group, Inc. $645,000 $205,000 -68.2% 0.2%
Resource Bank, N.A. $205,000 n/a 0.2%
Coastal Community Bank $200,000 n/a 0.2%
Sierra Pacific Mortgage Company, Inc. $195,000 n/a 0.2%
THE ANDERSON FINANCIAL GROUP, INC. $195,000 n/a 0.2%
PENNYMAC LOAN SERVICES, LLC $1,230,000 $190,000 -84.6% 0.2%
Allied First Bank,sb $185,000 n/a 0.2%
HOMESIDE FINANCIAL, LLC $185,000 n/a 0.2%
BROKER SOLUTIONS, INC. $135,000 $180,000 33.3% 0.2%
DUPACO COMMUNITY $475,000 $175,000 -63.2% 0.2%
AMERISAVE MORTGAGE CORPORATION $710,000 $165,000 -76.8% 0.1%
FLAT BRANCH MORTGAGE, INC. $905,000 $165,000 -81.8% 0.1%
NATIONS RELIABLE LENDING, LLC $165,000 n/a 0.1%
NBKC BANK $165,000 n/a 0.1%
NUMARK CREDIT UNION $165,000 n/a 0.1%
The First National Bank and Trust Company $160,000 n/a 0.1%
BAY EQUITY LLC $155,000 n/a 0.1%
SPRING EQ, LLC $110,000 $155,000 40.9% 0.1%
Figure Lending LLC $125,000 $150,000 20.0% 0.1%
ALLIANT CREDIT UNION $35,000 $145,000 314.3% 0.1%
EVERETT FINANCIAL, INC. $185,000 $145,000 -21.6% 0.1%
Illinois Community Credit Unio $235,000 $145,000 -38.3% 0.1%
First Mid Bank & Trust $135,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $135,000 n/a 0.1%
Nations Lending Corporation $135,000 n/a 0.1%
Wells Fargo Bank $1,940,000 $135,000 -93.0% 0.1%
Bank of Pontiac $125,000 n/a 0.1%
Lakeview Community Capital, LLC $25,000 $125,000 400.0% 0.1%
LEADERONE FINANCIAL CORPORATION $145,000 $125,000 -13.8% 0.1%
Summit Credit Union $105,000 $125,000 19.0% 0.1%
A&D Mortgage LLC $115,000 n/a 0.1%
Connexus Credit Union $125,000 $115,000 -8.0% 0.1%
ENDEAVOR CAPITAL, LLC. $185,000 $115,000 -37.8% 0.1%
First Federal Bank $115,000 n/a 0.1%
FREEDOM MORTGAGE CORPORATION $620,000 $115,000 -81.5% 0.1%
Cornerstone Credit Union $110,000 n/a 0.1%
First National Bank of America $105,000 n/a 0.1%
AXIA FINANCIAL, LLC $95,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $85,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $75,000 n/a 0.1%
Citizens Bank $55,000 $55,000 0.0% 0.0%
HealthCare Associates Credit Union $45,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $35,000 n/a 0.0%
Bethpage Federal Credit Union $25,000 n/a 0.0%

Rochelle's top lender by overall market share is Central Bank Illinois, with 6.7% market share. In second place, with 6.3%, is Holcomb Bank, having originated $7,010,000 in loans. In third place, with 6.2%, is GREENSTATE CREDIT UNION, having originated $6,850,000 in loans. In fourth place, with 5.9%, is Stillman Bank, having originated $6,580,000 in loans. In fifth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $6,235,000 in loans.


Rochelle Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Rochelle (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 $144,875 (5.1%) $191,224 (0.3%) 0.00 213
2018-02-01 $143,150 (3.8%) $196,226 (9.2%) 0.00 197
2018-03-01 $149,000 (10.4%) $198,511 (10.4%) 0.00 189
2018-04-01 $172,450 (27.8%) $202,055 (8.5%) 0.00 191
2018-05-01 $179,900 (33.4%) $211,691 (10.3%) 0.00 215
2018-06-01 $171,000 (22.4%) $206,236 (7.2%) 0.00 229
2018-07-01 $166,325 (19.3%) $200,475 (5.2%) 0.00 251
2018-08-01 $163,425 (17.6%) $199,538 (6.3%) 0.00 264
2018-09-01 $161,000 (15.1%) $201,714 (8.2%) 0.00 263
2018-10-01 $167,500 (18.0%) $219,097 (20.3%) 0.00 265
2018-11-01 $169,925 (17.3%) $220,686 (17.9%) 0.00 263
2018-12-01 $169,900 (17.3%) $221,421 (17.2%) 0.00 244
2019-01-01 $179,675 (24.0%) $223,463 (16.9%) 0.00 226
2019-02-01 $179,900 (25.7%) $223,655 (14.0%) 0.00 207
2019-03-01 $182,900 (22.8%) $230,222 (16.0%) 0.00 198
2019-04-01 $189,425 (9.8%) $238,324 (18.0%) 0.00 205
2019-05-01 $195,975 (8.9%) $241,484 (14.1%) 0.00 231
2019-06-01 $189,900 (11.1%) $244,836 (18.7%) 0.00 251
2019-07-01 $186,450 (12.1%) $238,392 (18.9%) 0.00 259
2019-08-01 $180,882 (10.7%) $230,014 (15.3%) 0.00 261
2019-09-01 $174,705 (8.5%) $231,868 (15.0%) 0.00 261
2019-10-01 $169,900 (1.4%) $231,642 (5.7%) 0.00 260
2019-11-01 $173,900 (2.3%) $226,731 (2.7%) 0.00 251
2019-12-01 $169,900 (0.0%) $221,088 (-0.2%) 0.00 229
2020-01-01 $169,450 (-5.7%) $225,290 (0.8%) 0.00 215
2020-02-01 $175,000 (-2.7%) $228,081 (2.0%) 0.00 210
2020-03-01 $178,325 (-2.5%) $233,577 (1.5%) 0.00 204
2020-04-01 $178,700 (-5.7%) $230,431 (-3.3%) 0.00 199
2020-05-01 $179,900 (-8.2%) $235,542 (-2.5%) 0.00 190
2020-06-01 $179,900 (-5.3%) $239,561 (-2.2%) 0.00 188
2020-07-01 $185,250 (-0.6%) $248,638 (4.3%) 0.00 175
2020-08-01 $169,900 (-6.1%) $242,610 (5.5%) 0.00 167
2020-09-01 $169,950 (-2.7%) $237,477 (2.4%) 0.00 177
2020-10-01 $161,400 (-5.0%) $231,741 (0.0%) 0.00 175
2020-11-01 $169,700 (-2.4%) $245,872 (8.4%) 0.00 152
2020-12-01 $162,200 (-4.5%) $242,714 (9.8%) 0.00 129
2021-01-01 $150,000 (-11.5%) $242,314 (7.6%) 0.00 106
2021-02-01 $145,975 (-16.6%) $240,196 (5.3%) 0.00 88
2021-03-01 $157,475 (-11.7%) $270,342 (15.7%) 0.00 68
2021-04-01 $167,450 (-6.3%) $284,472 (23.5%) 0.00 74
2021-05-01 $165,000 (-8.3%) $279,617 (18.7%) 0.00 74
2021-06-01 $162,475 (-9.7%) $262,341 (9.5%) 0.00 87
2021-07-01 $188,900 (2.0%) $310,786 (25.0%) 0.00 100
2021-08-01 $185,450 (9.2%) $316,123 (30.3%) 0.00 98
2021-09-01 $192,691 (13.4%) $290,598 (22.4%) 0.00 101
2021-10-01 $190,400 (18.0%) $308,816 (33.3%) 0.00 89
2021-11-01 $177,475 (4.6%) $290,060 (18.0%) 0.00 94
2021-12-01 $182,450 (12.5%) $303,534 (25.1%) 0.00 89
2022-01-01 $190,000 (26.7%) $333,246 (37.5%) 0.00 74
2022-02-01 $187,450 (28.4%) $360,598 (50.1%) 0.00 61
2022-03-01 $194,975 (23.8%) $407,342 (50.7%) 0.00 46
2022-04-01 $179,900 (7.4%) $385,885 (35.7%) 0.00 49
2022-05-01 $210,000 (27.3%) $353,142 (26.3%) 0.00 69
2022-06-01 $230,975 (42.2%) $330,958 (26.2%) 0.00 72
2022-07-01 $209,000 (10.6%) $279,598 (-10.0%) 0.00 80
2022-08-01 $224,960 (21.3%) $288,966 (-8.6%) 0.00 77
2022-09-01 $198,500 (3.0%) $256,221 (-11.8%) 0.00 81
2022-10-01 $205,000 (7.7%) $262,273 (-15.1%) 0.00 79
2022-11-01 $192,400 (8.4%) $257,603 (-11.2%) 0.00 87
2022-12-01 $186,000 (2.0%) $264,123 (-13.0%) 0.00 71
2023-01-01 $191,200 (0.6%) $264,134 (-20.7%) 0.00 67
2023-02-01 $211,625 (12.9%) $271,697 (-24.7%) 0.00 62
2023-03-01 $223,750 (14.8%) $252,426 (-38.0%) 0.00 63
2023-04-01 $222,500 (23.7%) $242,239 (-37.2%) 0.00 54
2023-05-01 $216,925 (3.3%) $239,291 (-32.2%) 0.00 54
2023-06-01 $193,975 (-16.0%) $228,055 (-31.1%) 0.00 54
2023-07-01 $218,950 (4.8%) $251,261 (-10.1%) 0.00 47
2023-08-01 $239,900 (6.6%) $259,032 (-10.4%) 0.00 50
2023-09-01 $249,000 (25.4%) $265,823 (3.8%) 0.00 57
2023-10-01 $248,425 (21.2%) $271,328 (3.5%) 0.00 73
2023-11-01 $239,450 (24.5%) $267,947 (4.0%) 0.00 80
2023-12-01 $214,450 (15.3%) $247,547 (-6.3%) 0.00 72
2024-01-01 $203,725 (6.6%) $244,179 (-7.6%) 0.00 70
2024-02-01 $203,675 (-3.8%) $237,763 (-12.5%) 0.00 62
2024-03-01 $217,400 (-2.8%) $260,770 (3.3%) 0.00 52
2024-04-01 $213,700 (-4.0%) $282,435 (16.6%) 0.00 50
2024-05-01 $244,225 (12.6%) $291,979 (22.0%) 0.00 48
2024-06-01 $228,450 (17.8%) $285,424 (25.2%) 0.00 49
2024-07-01 $244,900 (11.9%) $304,013 (21.0%) 0.00 60
2024-08-01 $274,900 (14.6%) $301,896 (16.6%) 0.00 73
2024-09-01 $270,925 (8.8%) $294,482 (10.8%) 0.00 75
Rochelle's median listing price for 2024-09-01 was $270,925, a difference of $21,925 (8.8%) versus the prior year and $-3,975 versus the prior month.

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

Rochelle's average listing price for 2024-09-01 was $294,482, a difference of $28,659 (10.8%) versus the prior year and $-7,414 versus the prior month.

For the 2024-09-01 period, Rochelle had 75 MLS listings, a difference of 2 listings (3%) versus the prior month and 18 listings (32%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Rochelle (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,814 sqft
2018-02-01 0 days 1,800 sqft
2018-03-01 0 days 1,827 sqft
2018-04-01 0 days 1,910 sqft
2018-05-01 0 days 1,944 sqft
2018-06-01 0 days 1,938 sqft
2018-07-01 0 days 1,887 sqft
2018-08-01 0 days 1,850 sqft
2018-09-01 0 days 1,845 sqft
2018-10-01 0 days 1,902 sqft
2018-11-01 0 days 1,902 sqft
2018-12-01 0 days 1,915 sqft
2019-01-01 0 days 1,901 sqft
2019-02-01 0 days 1,876 sqft
2019-03-01 0 days 1,827 sqft
2019-04-01 0 days 1,818 sqft
2019-05-01 0 days 1,850 sqft
2019-06-01 0 days 1,900 sqft
2019-07-01 0 days 1,996 sqft
2019-08-01 0 days 2,010 sqft
2019-09-01 0 days 1,965 sqft
2019-10-01 0 days 1,970 sqft
2019-11-01 0 days 1,976 sqft
2019-12-01 0 days 1,925 sqft
2020-01-01 0 days 1,946 sqft
2020-02-01 0 days 1,925 sqft
2020-03-01 0 days 1,926 sqft
2020-04-01 0 days 2,018 sqft
2020-05-01 0 days 2,086 sqft
2020-06-01 0 days 2,078 sqft
2020-07-01 0 days 2,070 sqft
2020-08-01 0 days 1,975 sqft
2020-09-01 0 days 1,979 sqft
2020-10-01 0 days 1,936 sqft
2020-11-01 0 days 1,946 sqft
2020-12-01 0 days 1,760 sqft
2021-01-01 0 days 1,769 sqft
2021-02-01 0 days 1,771 sqft
2021-03-01 0 days 1,772 sqft
2021-04-01 0 days 1,774 sqft
2021-05-01 0 days 1,570 sqft
2021-06-01 0 days 1,693 sqft
2021-07-01 0 days 1,920 sqft
2021-08-01 0 days 1,811 sqft
2021-09-01 0 days 1,866 sqft
2021-10-01 0 days 1,800 sqft
2021-11-01 0 days 1,800 sqft
2021-12-01 0 days 1,751 sqft
2022-01-01 0 days 1,710 sqft
2022-02-01 0 days 1,678 sqft
2022-03-01 0 days 1,908 sqft
2022-04-01 0 days 1,976 sqft
2022-05-01 0 days 1,981 sqft
2022-06-01 0 days 2,000 sqft
2022-07-01 0 days 2,009 sqft
2022-08-01 0 days 2,052 sqft
2022-09-01 0 days 1,906 sqft
2022-10-01 0 days 2,100 sqft
2022-11-01 0 days 1,968 sqft
2022-12-01 0 days 1,848 sqft
2023-01-01 0 days 1,848 sqft
2023-02-01 0 days 1,841 sqft
2023-03-01 0 days 1,848 sqft
2023-04-01 0 days 1,825 sqft
2023-05-01 0 days 1,802 sqft
2023-06-01 0 days 1,731 sqft
2023-07-01 0 days 1,794 sqft
2023-08-01 0 days 1,894 sqft
2023-09-01 0 days 1,952 sqft
2023-10-01 0 days 1,919 sqft
2023-11-01 0 days 1,864 sqft
2023-12-01 0 days 1,831 sqft
2024-01-01 0 days 1,833 sqft
2024-02-01 0 days 1,826 sqft
2024-03-01 0 days 2,018 sqft
2024-04-01 0 days 1,868 sqft
2024-05-01 0 days 1,900 sqft
2024-06-01 0 days 1,950 sqft
2024-07-01 0 days 1,924 sqft
2024-08-01 0 days 1,903 sqft
2024-09-01 0 days 1,923 sqft
Rochelle's median listing age (time on market) for 2024-09-01 was 0 days.

Rochelle's median square footage for active listings during the 2024-09-01 period was 1,923 sqft. One year prior, the average listing was 1,952 sqft.

Rochelle, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 523 $88,925,000 $170,029
Cash Out Refi 83 $10,585,000 $127,530
Refi 62 $6,800,000 $109,677
Other 49 $3,125,000 $63,776
Home Improvement 32 $1,790,000 $55,938

Rochelle's most frequently cited loan purpose was Home Purchase, with 523 originations. The 2nd most popular reason was Cash Out Refi, with 83 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 287 $47,945,000 $167,056
7-8% 177 $29,755,000 $168,107
Over 8% 88 $7,360,000 $83,636
5-6% 86 $13,660,000 $158,837
<2.5% 18 $150,000 $8,333
4-5% 5 $515,000 $103,000
3-4% 5 $565,000 $113,000

During 2023, Rochelle's most frequently originated rate bucket was 6-7%, with 287 originations.

Loan Sizing (Rochelle, IL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 335 $49,265,000 $147,060
$100,000 or less 238 $13,530,000 $56,849
$200k-400k 166 $43,250,000 $260,542
$400k-600k 7 $3,195,000 $456,429
$600k-1000k 3 $1,985,000 $661,667

Rochelle's loan sizing saw the bucket of loans from $100k-200k with 335 originations, totaling $49,265,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 355 $66,005,000 $185,930
60-80% 130 $19,680,000 $151,385
Under 20% 71 $2,285,000 $32,183
20-40% 58 $4,640,000 $80,000
40-60% 49 $5,955,000 $121,531
Over 100% 4 $1,390,000 $347,500

Rochelle's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 355 originations, totaling $66,005,000 in origination value.