Rochelle Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Rochelle averaged 6.54% 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 6.67% and one month ago for the week of 2023-02-09, the average rate was 6.16%.

    Rochelle's average rate one year ago was 4.19%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.74%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Rochelle 30 Year Fixed Rate 2023-03-16 6.54%
    Rochelle 30 Year Fixed Rate Refi 2023-03-16 6.74%
    Rochelle 15 Year Fixed Rate 2023-03-16 6.24%
    Rochelle 15 Year Fixed Rate Refi 2023-03-16 5.99%
    Rochelle 30 Year FHA 2023-03-16 6.75%
    Rochelle 30 Year FHA Refi 2023-03-16 6.47%
    Rochelle 30 Year USDA 2023-03-16 6.8%
    Rochelle 30 Year USDA Refi 2023-03-16 3.22%
    Rochelle 30 Year VA 2023-03-16 6.12%
    Rochelle 30 Year VA Refi 2023-03-16 6.29%
    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Byron Bank 71 3.16% $1,761
    Stillman BancCorp N.A. 63 3.25% $1,855
    QUICKEN LOANS, LLC 42 3.16% $4,228
    Central Bank Illinois 35 3.24% $1,793
    Midwest Community Bank 28 3.07% $2,751
    ENVOY MORTGAGE, LTD 26 3.51% $3,448
    Blackhawk Bank 22 3.35% $2,981
    U.S. Bank 19 3.11% $2,209
    First State Bank 19 2.99% $2,921
    GUARANTEED RATE, INC. 18 3.08% $2,927
    First National Bank of Omaha 14 3.19% $2,385
    JPMorgan Chase Bank 10 3.34% $1,884
    Old Second National Bank 8 3.31% $2,971
    FIRST NORTHERN Credit Union 7 3.13% $2,524
    NORTHWEST BANK OF ROCKFORD 7 3.44% $2,256
    First Federal Bank 6 3.17% $2,264
    LOANDEPOT.COM, LLC 6 3.10% $4,222
    Wells Fargo Bank 6 3.21% $2,366
    COMPEER FINANCIAL, FLCA 6 3.92% $4,494
    Community Mortgage Banc Corporation 6 3.54% $2,620
    CROSSCOUNTRY MORTGAGE, LLC 6 3.12% $3,699
    FINANCE OF AMERICA MORTGAGE LLC 6 3.27% $3,199
    UNITED WHOLESALE MORTGAGE, LLC 5 3.09% $4,424
    DRAPER AND KRAMER MORTGAGE CORP. 5 2.95% $3,099
    CALIBER HOME LOANS, INC. 5 3.38% $3,667
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 3.42% $2,894
    Barrington Bank & Trust Company, N.A. 5 3.15% $3,397
    ACADEMY MORTGAGE CORPORATION 5 3.43% $3,357
    Midland States Bank 4 3.13% $2,806
    PNC Bank 4 3.06% $2,328
    INLAND BANK & TRUST 4 3.31% $3,111
    PLANET HOME LENDING, LLC 3 2.88% $2,537
    The First National Bank and Trust Company 3 3.50% $1,778
    HOMESIDE FINANCIAL, LLC 3 3.04% $2,976
    Key Mortgage Services, Inc. 3 3.21% $3,440
    The Huntington National Bank 3 3.13% $2,524
    Truist 3 3.18% $2,434
    FIRST CENTENNIAL MORTGAGE CORPORATION 3 3.13% $2,737
    Rock Valley Credit Union 3 3.20% $2,476
    First Midwest Bank 3 3.17% $2,444
    AMERISAVE MORTGAGE CORPORATION 3 3.04% $2,875
    CMG MORTGAGE, INC. 2 3.31% $2,671
    COMPASS MORTGAGE, INC. 2 3.50% $7,247
    MUTUAL OF OMAHA MORTGAGE, INC. 2 2.75% $2,823
    PLAZA HOME MORTGAGE, INC. 2 2.44% $6,370
    Platinum Home Mortgage Corporation 2 3.12% $5,106
    VANDERBILT MORTGAGE AND FINANCE, INC. 2 2.88% $2,413
    NEWREZ LLC 2 3.38% $2,512
    Neighborhood Loans, Inc. 2 3.38% $3,513
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 3.56% $6,283
    Flanagan State Bank 2 3.00% $2,392
    FLAT BRANCH MORTGAGE, INC. 2 3.00% $2,317
    BMO Harris Bank 2 3.13% $6,312
    Deere Employees Credit Union 2 2.31% $2,249
    AMERICAN FINANCIAL NETWORK, INC. 2 3.38% $14,961
    Mr. Cooper ( Nationstar Mortgage ) 2 3.31% $3,475
    Wyndham Capital Mortgage, Inc. 1 2.88% $1,033
    AMERICAN INTERNET MORTGAGE, INC. 1 3.25% $2,286
    ARC HOME LLC 1 3.25% $3,470
    Arvest Bank 1 3.25% $2,631
    Associated Bank 1 2.88% $4,327
    Bankers' Bank 1 2.88% $2,399
    Bank of America 1 2.88% $3,867
    BLUELEAF LENDING, LLC 1 2.88% $3,076
    BROKER SOLUTIONS, INC. 1 3.88% $3,268
    CBI Bank & Trust 1 2.63% $2,970
    CHERRY CREEK MORTGAGE, LLC 1 3.88% $733
    CHURCHILL MORTGAGE CORPORATION 1 2.99% $4,061
    Citibank 1 3.63% $2,968
    Citizens Bank 1 2.88% $5,591
    City Bank 1 3.63% $3,993
    DUPACO COMMUNITY 1 2.75% $5,939
    First Community Credit Union 1 3.25% $2,493
    First Guaranty Mortgage Corporation 1 2.88% $4,513
    First Option Mortgage, LLC 1 3.38% $3,455
    GENEVA FINANCIAL, LLC 1 3.50% $4,505
    Goldwater Bank, N.A. 1 2.88% $4,201
    HOME POINT FINANCIAL CORPORATION 1 3.50% $3,073
    Home State Bank 1 2.63% $3,536
    ILLINOIS STATE CREDIT UNION 1 3.00% $2,407
    InterContinental Capital Group, Inc 1 3.63% $3,810
    Merchants Bank of Indiana 1 3.25% $3,548
    Mortgage Research Center, LLC 1 2.75% $3,071
    M&T Bank 1 3.50% $4,849
    Mutual Federal Bank 1 2.75% $2,183
    NAVY FEDERAL CREDIT UNION 1 3.00% $1,992
    North American Savings Bank, F.S.B. 1 3.00% $1,589
    OCMBC, INC. 1 3.50% $3,341
    PARKSIDE LENDING, LLC 1 3.25% $4,955
    Plains Commerce Bank 1 3.13% $2,395
    PREMIA MORTGAGE, LLC 1 3.25% $0
    PROPER RATE, LLC 1 2.99% $2,023
    Providence Bank & Trust 1 3.00% $1,510
    ROYAL UNITED MORTGAGE LLC 1 2.75% $5,168
    SUMMIT FUNDING, INC. 1 2.88% $3,148
    The Federal Savings Bank 1 3.13% $3,241
    V.I.P. MORTGAGE, INC. 1 2.87% $5,499

    Rochelle Average Closing Costs & Other Stats

    Rochelle, IL's 97 lenders originated 1,828 loans during 2021. The total origination value was $286,410,000, with an average loan value of $156,679.

    Rochelle's average closing costs are $3,733.

    The top Rochelle lender as defined by loan originations is Byron Bank, with 71 loans originated. Their average total fees are $1,761, which is $94 lower than the next largest lender, Stillman BancCorp N.A..

    The lowest fee Rochelle lenders (with over 10 loans originated) are Byron Bank ($1,761), Central Bank Illinois ($1,793), Stillman BancCorp N.A. ($1,855), JPMorgan Chase Bank ($1,884) and U.S. Bank ($2,209).

    The lowest rate Rochelle lenders (with over 10 loans originated) are First State Bank (2.99%), Midwest Community Bank (3.07%), GUARANTEED RATE, INC. (3.08%), U.S. Bank (3.11%) and QUICKEN LOANS, LLC (3.16%).

    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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Holcomb Bank $35,955,000 $26,455,000 -26.4% 9.2%
    Stillman BancCorp N.A. $48,690,000 $23,240,000 -52.3% 8.1%
    Byron Bank $54,305,000 $21,955,000 -59.6% 7.7%
    QUICKEN LOANS, LLC $13,985,000 $19,275,000 37.8% 6.7%
    Central Bank Illinois $26,205,000 $12,935,000 -50.6% 4.5%
    Union Savings Bank $14,550,000 $9,400,000 -35.4% 3.3%
    Midwest Community Bank $9,265,000 $8,670,000 -6.4% 3.0%
    ENVOY MORTGAGE, LTD $9,520,000 $8,390,000 -11.9% 2.9%
    First State Bank $12,545,000 $6,340,000 -49.5% 2.2%
    Mortgage Research Center, LLC $4,245,000 $5,550,000 30.7% 1.9%
    Mr. Cooper ( Nationstar Mortgage ) $3,320,000 $5,545,000 67.0% 1.9%
    First Bankers Trust Company $5,210,000 n/a 1.8%
    Blackhawk Bank $5,390,000 $5,165,000 -4.2% 1.8%
    First National Bank of Omaha $5,170,000 $4,920,000 -4.8% 1.7%
    FREEDOM MORTGAGE CORPORATION $4,125,000 $4,920,000 19.3% 1.7%
    U.S. Bank $3,195,000 $4,830,000 51.2% 1.7%
    LOANDEPOT.COM, LLC $2,105,000 $3,960,000 88.1% 1.4%
    GUARANTEED RATE, INC. $3,140,000 $3,850,000 22.6% 1.3%
    CALIBER HOME LOANS, INC. $1,910,000 $3,670,000 92.1% 1.3%
    FINANCE OF AMERICA MORTGAGE LLC $3,525,000 $3,635,000 3.1% 1.3%
    River Bank $3,460,000 n/a 1.2%
    Wells Fargo Bank $2,425,000 $3,295,000 35.9% 1.2%
    COMPEER FINANCIAL, FLCA $2,635,000 $3,015,000 14.4% 1.1%
    CROSSCOUNTRY MORTGAGE, LLC $875,000 $2,625,000 200.0% 0.9%
    UNITED WHOLESALE MORTGAGE, LLC $1,475,000 $2,505,000 69.8% 0.9%
    FIRST CENTENNIAL MORTGAGE CORPORATION $2,675,000 $2,340,000 -12.5% 0.8%
    Midland States Bank $3,880,000 $2,130,000 -45.1% 0.7%
    Community Mortgage Banc Corporation $2,865,000 $2,110,000 -26.4% 0.7%
    Sauk Valley Bank & Trust Company $12,225,000 $2,015,000 -83.5% 0.7%
    INLAND BANK & TRUST $695,000 $2,010,000 189.2% 0.7%
    JPMorgan Chase Bank $1,075,000 $1,935,000 80.0% 0.7%
    PENNYMAC LOAN SERVICES, LLC $910,000 $1,895,000 108.2% 0.7%
    First Federal Bank $1,120,000 $1,840,000 64.3% 0.6%
    Flanagan State Bank $2,350,000 $1,790,000 -23.8% 0.6%
    FIRST NORTHERN Credit Union $2,070,000 $1,780,000 -14.0% 0.6%
    Barrington Bank & Trust Company, N.A. $2,300,000 $1,770,000 -23.0% 0.6%
    COMPASS MORTGAGE, INC. $2,665,000 $1,750,000 -34.3% 0.6%
    HOME POINT FINANCIAL CORPORATION $1,040,000 $1,725,000 65.9% 0.6%
    Old Second National Bank $1,015,000 $1,710,000 68.5% 0.6%
    DRAPER AND KRAMER MORTGAGE CORP. $760,000 $1,660,000 118.4% 0.6%
    PNC Bank $920,000 $1,640,000 78.3% 0.6%
    The Harvard State Bank $4,175,000 $1,630,000 -61.0% 0.6%
    MUTUAL OF OMAHA MORTGAGE, INC. $680,000 $1,440,000 111.8% 0.5%
    NORTHWEST BANK OF ROCKFORD $3,595,000 $1,430,000 -60.2% 0.5%
    ACADEMY MORTGAGE CORPORATION $3,085,000 $1,370,000 -55.6% 0.5%
    LAKEVIEW LOAN SERVICING, LLC $565,000 $1,290,000 128.3% 0.5%
    Rock Valley Credit Union $2,620,000 $1,255,000 -52.1% 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,825,000 $1,205,000 -34.0% 0.4%
    Plains Commerce Bank $1,150,000 $1,195,000 3.9% 0.4%
    The Federal Savings Bank $915,000 $1,150,000 25.7% 0.4%
    NEWREZ LLC $480,000 $1,110,000 131.3% 0.4%
    USAA Federal Savings Bank $1,330,000 $1,070,000 -19.5% 0.4%
    AMERISAVE MORTGAGE CORPORATION $735,000 $1,055,000 43.5% 0.4%
    NAVY FEDERAL CREDIT UNION $725,000 $965,000 33.1% 0.3%
    FIRST STATE MORTGAGE SERVICES, LLC $105,000 $905,000 761.9% 0.3%
    PLAZA HOME MORTGAGE, INC. $870,000 $895,000 2.9% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $115,000 $885,000 669.6% 0.3%
    First Midwest Bank $325,000 $885,000 172.3% 0.3%
    HOMESIDE FINANCIAL, LLC $1,350,000 $880,000 -34.8% 0.3%
    The Huntington National Bank $190,000 $875,000 360.5% 0.3%
    United Community Bank $280,000 $835,000 198.2% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $820,000 n/a 0.3%
    BMO Harris Bank $925,000 $800,000 -13.5% 0.3%
    PLANET HOME LENDING, LLC $470,000 $780,000 66.0% 0.3%
    Farmers National Bank $605,000 $775,000 28.1% 0.3%
    BETTER MORTGAGE CORPORATION $125,000 $765,000 512.0% 0.3%
    AMERICAN PACIFIC MORTGAGE CORPORATION $580,000 $760,000 31.0% 0.3%
    BLUELEAF LENDING, LLC $220,000 $745,000 238.6% 0.3%
    Associated Bank $1,790,000 $710,000 -60.3% 0.2%
    Carrington Mortgage Services, LLC $580,000 $680,000 17.2% 0.2%
    The First National Bank and Trust Company $850,000 $625,000 -26.5% 0.2%
    Home State Bank $290,000 $605,000 108.6% 0.2%
    North American Savings Bank, F.S.B. $600,000 n/a 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $580,000 n/a 0.2%
    First Guaranty Mortgage Corporation $265,000 $575,000 117.0% 0.2%
    Deere Employees Credit Union $200,000 $555,000 177.5% 0.2%
    Fifth Third Bank $1,045,000 $550,000 -47.4% 0.2%
    Neighborhood Loans, Inc. $340,000 $545,000 60.3% 0.2%
    Bank of America $735,000 $530,000 -27.9% 0.2%
    FLAT BRANCH MORTGAGE, INC. $465,000 $530,000 14.0% 0.2%
    Key Mortgage Services, Inc. $305,000 $530,000 73.8% 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $225,000 $510,000 126.7% 0.2%
    CHURCHILL MORTGAGE CORPORATION $475,000 n/a 0.2%
    INLANTA MORTGAGE, INC. $390,000 $475,000 21.8% 0.2%
    Wyndham Capital Mortgage, Inc. $470,000 n/a 0.2%
    BROKER SOLUTIONS, INC. $290,000 $465,000 60.3% 0.2%
    KS StateBank $425,000 n/a 0.1%
    SUMMIT FUNDING, INC. $425,000 n/a 0.1%
    Truist Bank $185,000 $405,000 118.9% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $215,000 $400,000 86.0% 0.1%
    Illinois Bank & Trust $395,000 n/a 0.1%
    GENEVA FINANCIAL, LLC $95,000 $390,000 310.5% 0.1%
    Platinum Home Mortgage Corporation $675,000 $390,000 -42.2% 0.1%
    CMG MORTGAGE, INC. $370,000 n/a 0.1%
    First Community Credit Union $335,000 n/a 0.1%
    ARC HOME LLC $330,000 n/a 0.1%
    Peoples Bank $315,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $185,000 $300,000 62.2% 0.1%
    Citizens Bank $85,000 $290,000 241.2% 0.1%
    Resource Bank, N.A. $290,000 n/a 0.1%
    DUPACO COMMUNITY $360,000 $285,000 -20.8% 0.1%
    MOVEMENT MORTGAGE, LLC $285,000 n/a 0.1%
    PREMIA MORTGAGE, LLC $205,000 $285,000 39.0% 0.1%
    InterContinental Capital Group, Inc $135,000 $280,000 107.4% 0.1%
    Equity Prime Mortgage LLC $195,000 $270,000 38.5% 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $270,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $265,000 n/a 0.1%
    Rockford Bell Credit Union $265,000 n/a 0.1%
    Flagstar Bank, FSB $210,000 $235,000 11.9% 0.1%
    PARKSIDE LENDING, LLC $115,000 $235,000 104.3% 0.1%
    Paramount Residential Mortgage Group, Inc. $125,000 $230,000 84.0% 0.1%
    First Option Mortgage, LLC $225,000 n/a 0.1%
    PROPER RATE, LLC $225,000 n/a 0.1%
    The Greenwood's State Bank $220,000 n/a 0.1%
    Bank of England $215,000 n/a 0.1%
    NP, Inc. $165,000 $205,000 24.2% 0.1%
    BAY EQUITY LLC $570,000 $195,000 -65.8% 0.1%
    Credit Union 1 $195,000 n/a 0.1%
    FirstBank $195,000 n/a 0.1%
    Mutual Federal Bank $95,000 $195,000 105.3% 0.1%
    NEW DAY FINANCIAL, LLC $365,000 $195,000 -46.6% 0.1%
    TBK BANK, SSB $195,000 n/a 0.1%
    The Home Loan Expert LLC $195,000 n/a 0.1%
    V.I.P. MORTGAGE, INC. $195,000 n/a 0.1%
    Manufacturers and Traders Trust Company $115,000 $190,000 65.2% 0.1%
    Bankers' Bank $185,000 n/a 0.1%
    CBI Bank & Trust $185,000 n/a 0.1%
    United Fidelity Funding Corp. $185,000 n/a 0.1%
    Chicago Mortgage Solutions LLC $175,000 n/a 0.1%
    MORTGAGE CENTER L.C $175,000 n/a 0.1%
    Town & Country Banc Mortgage Services, Inc. $845,000 $175,000 -79.3% 0.1%
    City Bank $165,000 n/a 0.1%
    VAN DYK MORTGAGE CORPORATION $165,000 n/a 0.1%
    AMERICAN PORTFOLIO MORTGAGE CORPORATION $310,000 $155,000 -50.0% 0.1%
    AmeriHome Mortgage Company, LLC $155,000 n/a 0.1%
    Arvest Bank $155,000 n/a 0.1%
    CHERRY CREEK MORTGAGE, LLC $445,000 $155,000 -65.2% 0.1%
    HOMESTAR FINANCIAL CORPORATION $125,000 $155,000 24.0% 0.1%
    LENOX FINANCIAL MORTGAGE CORPORATION $155,000 n/a 0.1%
    Magnolia Bank $215,000 $155,000 -27.9% 0.1%
    I. H. MISSISSIPPI VALLEY CREDIT UNION $145,000 $145,000 0.0% 0.1%
    OCMBC, INC. $105,000 $145,000 38.1% 0.1%
    Third Federal Savings and Loan Association of Cleveland $260,000 $145,000 -44.2% 0.1%
    VILLAGE CAPITAL & INVESTMENT LLC $145,000 n/a 0.1%
    EVERETT FINANCIAL, INC. $135,000 n/a 0.0%
    First Savings Bank $475,000 $135,000 -71.6% 0.0%
    Low VA Rates, LLC $220,000 $135,000 -38.6% 0.0%
    Allied First Bank,sb $215,000 $130,000 -39.5% 0.0%
    ILLINOIS STATE CREDIT UNION $130,000 $115,000 -11.5% 0.0%
    Lakeview Community Capital, LLC $115,000 n/a 0.0%
    Providence Bank & Trust $115,000 n/a 0.0%
    SUCCESS MORTGAGE PARTNERS, INC. $115,000 n/a 0.0%
    AMERICAN INTERNET MORTGAGE, INC. $105,000 n/a 0.0%
    CITIZENS EQUITY FIRST $105,000 n/a 0.0%
    PHH Mortgage Corporation $105,000 n/a 0.0%
    Johnson Bank $95,000 n/a 0.0%
    Merchants Bank of Indiana $95,000 n/a 0.0%
    ROYAL UNITED MORTGAGE LLC $180,000 $85,000 -52.8% 0.0%
    Baxter Credit Union $145,000 $75,000 -48.3% 0.0%
    Citibank $65,000 n/a 0.0%
    Goldwater Bank, N.A. $65,000 n/a 0.0%
    Discover Bank $100,000 $45,000 -55.0% 0.0%

    Rochelle's top lender by overall market share is Holcomb Bank, with 9.2% market share. In second place, with 8.1%, is Stillman BancCorp N.A., having originated $23,240,000 in loans. In third place, with 7.7%, is Byron Bank, having originated $21,955,000 in loans. In fourth place, with 6.7%, is QUICKEN LOANS, LLC, having originated $19,275,000 in loans. In fifth place, with 4.5%, is Central Bank Illinois, having originated $12,935,000 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 (19.7%) $200,475 (5.2%) 0.00 250
    2018-08-01 $163,475 (17.6%) $200,060 (6.6%) 0.00 263
    2018-09-01 $161,950 (15.8%) $202,287 (8.5%) 0.00 262
    2018-10-01 $167,500 (18.0%) $219,097 (20.3%) 0.00 265
    2018-11-01 $169,925 (17.3%) $220,814 (18.0%) 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 $188,400 (9.3%) $238,004 (17.8%) 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%) $229,905 (14.9%) 0.00 262
    2019-09-01 $174,705 (7.9%) $231,597 (14.5%) 0.00 261
    2019-10-01 $169,900 (1.4%) $231,272 (5.6%) 0.00 261
    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 (-5.2%) $230,431 (-3.2%) 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 (2.5%) 0.00 177
    2020-10-01 $161,400 (-5.0%) $231,741 (0.2%) 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 $149,750 (-11.6%) $242,314 (7.6%) 0.00 105
    2021-02-01 $145,150 (-17.1%) $239,824 (5.2%) 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%) $281,664 (19.6%) 0.00 74
    2021-06-01 $162,475 (-9.7%) $262,341 (9.5%) 0.00 87
    2021-07-01 $188,900 (2.0%) $311,386 (25.2%) 0.00 101
    2021-08-01 $185,450 (9.2%) $316,123 (30.3%) 0.00 98
    2021-09-01 $193,691 (14.0%) $290,982 (22.5%) 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 (26.9%) $333,246 (37.5%) 0.00 74
    2022-02-01 $187,450 (29.1%) $360,598 (50.4%) 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 (25.4%) 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 (-10.2%) 0.00 80
    2022-08-01 $224,960 (21.3%) $288,966 (-8.6%) 0.00 77
    2022-09-01 $198,500 (2.5%) $256,221 (-12.0%) 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
    Rochelle's median listing price for 2023-02-01 was $211,625, a difference of $24,175 (12.9%) versus the prior year and $20,425 versus the prior month.

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

    Rochelle's average listing price for 2023-02-01 was $271,697, a difference of $-88,901 (-24.7%) versus the prior year and $7,563 versus the prior month.

    For the 2023-02-01 period, Rochelle had 62 MLS listings, a difference of -5 listings (-7%) versus the prior month and 1 listings (2%) 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 1,888 sqft
    2018-08-01 0 days 1,857 sqft
    2018-09-01 0 days 1,846 sqft
    2018-10-01 0 days 1,902 sqft
    2018-11-01 0 days 1,903 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 1,810 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 2,009 sqft
    2019-09-01 0 days 1,962 sqft
    2019-10-01 0 days 1,964 sqft
    2019-11-01 0 days 1,976 sqft
    2019-12-01 0 days 1,923 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 2,076 sqft
    2020-07-01 0 days 2,064 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 1,761 sqft
    2021-02-01 0 days 1,772 sqft
    2021-03-01 0 days 1,772 sqft
    2021-04-01 0 days 1,774 sqft
    2021-05-01 0 days 1,550 sqft
    2021-06-01 0 days 1,693 sqft
    2021-07-01 0 days 1,954 sqft
    2021-08-01 0 days 1,811 sqft
    2021-09-01 0 days 1,872 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 2,042 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 1,840 sqft
    2023-01-01 0 days 1,837 sqft
    2023-02-01 0 days 1,830 sqft
    Rochelle's median listing age (time on market) for 2023-02-01 was 0 days.

    Rochelle's median square footage for active listings during the 2023-02-01 period was 1,830 sqft. One year prior, the average listing was 1,678 sqft.

    Rochelle, IL Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 785 $137,235,000 $174,822
    Refi 684 $98,750,000 $144,371
    Cash Out Refi 314 $45,720,000 $145,605
    Other 26 $2,510,000 $96,538
    Home Improvement 19 $2,195,000 $115,526

    Rochelle's most frequently cited loan purpose was Home Purchase, with 785 originations. The 2nd most popular reason was Refi, with 684 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 579 $92,255,000 $159,335
    2.5-3% 543 $90,265,000 $166,234
    <2.5% 333 $49,005,000 $147,162
    4-5% 72 $9,980,000 $138,611
    5-6% 8 $430,000 $53,750
    6-7% 4 $130,000 $32,500
    7-8% 2 $60,000 $30,000
    Over 8% 2 $60,000 $30,000

    During 2021, Rochelle's most frequently originated rate bucket was 3-4%, with 579 originations.

    Loan Sizing (Rochelle, IL MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 958 $137,590,000 $143,622
    $100,000 or less 474 $33,640,000 $70,970
    $200k-400k 362 $91,830,000 $253,674
    $400k-600k 30 $14,150,000 $471,667
    $Over $1MM 3 $8,215,000 $2,738,333
    $600k-1000k 1 $985,000 $985,000

    Rochelle's loan sizing saw the bucket of loans from $100k-200k with 958 originations, totaling $137,590,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 663 $117,235,000 $176,825
    60-80% 551 $86,305,000 $156,633
    40-60% 167 $19,845,000 $118,832
    20-40% 65 $5,345,000 $82,231
    Under 20% 36 $2,350,000 $65,278
    Over 100% 13 $2,955,000 $227,308

    Rochelle's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 663 originations, totaling $117,235,000 in origination value.