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 7.15% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 6.99% and one month ago for the week of 2023-08-10, the average rate was 6.73%.

Rochelle's average rate one year ago was 6.06%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.58%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Rochelle 30 Year Fixed Rate 2023-09-14 7.15%
Rochelle 30 Year Fixed Rate Refi 2023-09-14 7.58%
Rochelle 15 Year Fixed Rate 2023-09-14 6.71%
Rochelle 15 Year Fixed Rate Refi 2023-09-14 6.81%
Rochelle 30 Year FHA 2023-09-14 6.54%
Rochelle 30 Year FHA Refi 2023-09-14 6.79%
Rochelle 30 Year USDA 2023-09-14 7.18%
Rochelle 30 Year USDA Refi 2023-09-14 7.08%
Rochelle 30 Year VA 2023-09-14 7.01%
Rochelle 30 Year VA Refi 2023-09-14 6.81%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Stillman Bank 43 5.21% $2,304
Byron Bank 29 5.52% $2,463
Blackhawk Bank 20 5.72% $3,645
ENVOY MORTGAGE, LTD 18 5.45% $4,343
QUICKEN LOANS, LLC 18 4.81% $6,331
Central Bank Illinois 15 5.07% $1,643
U.S. Bank 12 5.02% $2,717
First State Bank 10 4.70% $2,552
Mr. Cooper ( Nationstar Mortgage ) 8 4.70% $7,073
First National Bank of Omaha 7 5.27% $3,124
FIRST NORTHERN Credit Union 7 5.11% $2,866
Midwest Community Bank 7 4.59% $3,059
COMPASS MORTGAGE, INC. 6 5.14% $4,273
FLAT BRANCH MORTGAGE, INC. 6 4.98% $2,935
GREENSTATE CREDIT UNION 6 5.69% $2,873
ACADEMY MORTGAGE CORPORATION 6 5.96% $4,341
UNITED WHOLESALE MORTGAGE, LLC 6 6.29% $5,389
FINANCE OF AMERICA MORTGAGE LLC 5 4.65% $5,398
JPMorgan Chase Bank 5 5.17% $2,324
FIRST CENTENNIAL MORTGAGE CORPORATION 5 4.20% $2,985
Community Mortgage Banc Corporation 5 5.57% $3,047
NORTHWEST BANK OF ROCKFORD 5 4.95% $2,615
Wells Fargo Bank 5 4.73% $3,678
CROSSCOUNTRY MORTGAGE, LLC 5 5.43% $6,273
COMPEER FINANCIAL, FLCA 4 6.58% $3,213
The Huntington National Bank 4 4.91% $2,887
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 5.75% $3,809
LOANDEPOT.COM, LLC 4 4.72% $5,026
Barrington Bank & Trust Company, N.A. 4 4.81% $3,973
HOME POINT FINANCIAL CORPORATION 3 4.46% $3,511
GUARANTEED RATE, INC. 3 5.71% $4,140
ILLINOIS STATE CREDIT UNION 3 4.54% $2,586
DUPACO COMMUNITY 2 4.81% $5,140
Carrington Mortgage Services, LLC 2 5.88% $6,289
DRAPER AND KRAMER MORTGAGE CORP. 2 4.25% $2,843
First Federal Savings Bank 2 4.94% $832
INLAND BANK & TRUST 2 5.81% $5,348
LAKEVIEW LOAN SERVICING, LLC 2 5.00% $3,431
Midland States Bank 2 5.44% $3,294
Mortgage Research Center, LLC 2 5.00% $3,011
Paramount Residential Mortgage Group, Inc. 2 5.06% $3,409
PLANET HOME LENDING, LLC 2 4.56% $3,742
PLAZA HOME MORTGAGE, INC. 2 4.00% $2,598
PREMIA MORTGAGE, LLC 2 5.05% $3,819
ROYAL UNITED MORTGAGE LLC 2 5.81% $6,883
The Federal Savings Bank 2 5.88% $4,037
LEADERONE FINANCIAL CORPORATION 1 3.88% $4,052
LENDSURE MORTGAGE CORP. 1 7.38% $14,161
Fifth Third Bank 1 4.63% $5,406
MEMBER FIRST MORTGAGE, LLC 1 5.50% $4,240
Bankers' Bank 1 6.25% $2,783
COMMUNITYAMERICA 1 6.38% $2,578
Midwest Heritage Bank FSB 1 5.63% $2,678
MORTGAGE CENTER L.C 1 5.25% $2,235
THRIVENT Federal Credit Union 1 3.75% $3,761
Centennial Bank 1 6.50% $3,778
M&T Bank 1 4.88% $4,843
Mutual Federal Bank 1 5.50% $5,493
MUTUAL OF OMAHA MORTGAGE, INC. 1 3.50% $4,296
NEWREZ LLC 1 4.75% $3,403
CALIBER HOME LOANS, INC. 1 3.85% $3,528
Old Second National Bank 1 3.88% $2,897
UNION HOME MORTGAGE CORP. 1 3.63% $2,275
PENTAGON FEDERAL CREDIT UNION 1 3.13% $1,683
PHH Mortgage Corporation 1 6.13% $5,751
United Community Bank 1 6.10% $2,649
Arvest Bank 1 5.50% $5,086
University of Wisconsin Credit Union 1 4.50% $5,386
BMO Harris Bank 1 4.75% $4,282
Rock Valley Credit Union 1 5.83% $1,809
Ally Bank 1 3.25% $1,980
RUHL MORTGAGE, LLC 1 5.13% $2,747
Servion, Inc. 1 6.50% $2,886
Starion Bank 1 4.75% $3,198
BETTER MORTGAGE CORPORATION 1 6.50% $2,322
GUARANTEED RATE AFFINITY, LLC 1 3.99% $210
Great Southern Bank 1 2.90% $4,612
Heartland Bank and Trust Company 1 6.50% $3,364
Flagstar Bank, FSB 1 4.50% $4,295
Illinois Community Credit Unio 1 5.06% $2,633
First Midwest Bank 1 3.88% $3,234
Summit Credit Union 1 6.88% $2,435
FINANCIAL PLUS 1 3.90% $1,805
KELLER MORTGAGE, LLC 1 5.63% $2,942
ALLIED MORTGAGE GROUP, INC. 1 6.13% $1,954

Rochelle Average Closing Costs & Other Stats

Rochelle, IL's 85 lenders originated 1,021 loans during 2022. The total origination value was $153,625,000, with an average loan value of $150,465.

Rochelle's average closing costs are $3,906.

The top Rochelle lender as defined by loan originations is Stillman Bank, with 43 loans originated. Their average total fees are $2,304, which is $159 lower than the next largest lender, Byron Bank.

The lowest fee Rochelle lenders (with over 10 loans originated) are Central Bank Illinois ($1,643), Stillman Bank ($2,304), Byron Bank ($2,463), First State Bank ($2,552) and U.S. Bank ($2,717).

The lowest rate Rochelle lenders (with over 10 loans originated) are First State Bank (4.70%), QUICKEN LOANS, LLC (4.81%), U.S. Bank (5.02%), Central Bank Illinois (5.07%) and Stillman Bank (5.21%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Holcomb Bank $26,455,000 $13,000,000 -50.9% 8.5%
Stillman BancCorp N.A. $23,240,000 $10,025,000 -56.9% 6.5%
Central Bank Illinois $12,935,000 $8,435,000 -34.8% 5.5%
QUICKEN LOANS, LLC $19,275,000 $7,765,000 -59.7% 5.1%
Union Savings Bank $9,400,000 $5,670,000 -39.7% 3.7%
Byron Bank $21,955,000 $5,385,000 -75.5% 3.5%
ENVOY MORTGAGE, LTD $8,390,000 $4,980,000 -40.6% 3.2%
Blackhawk Bank $5,165,000 $4,720,000 -8.6% 3.1%
Mortgage Research Center, LLC $5,550,000 $4,430,000 -20.2% 2.9%
First State Bank $6,340,000 $4,270,000 -32.6% 2.8%
Midwest Community Bank $8,670,000 $3,310,000 -61.8% 2.2%
U.S. Bank $4,830,000 $3,235,000 -33.0% 2.1%
Mr. Cooper ( Nationstar Mortgage ) $5,545,000 $2,740,000 -50.6% 1.8%
COMPASS MORTGAGE, INC. $1,750,000 $2,405,000 37.4% 1.6%
GUARANTEED RATE, INC. $3,850,000 $2,180,000 -43.4% 1.4%
FIRST CENTENNIAL MORTGAGE CORPORATION $2,340,000 $2,035,000 -13.0% 1.3%
Barrington Bank & Trust Company, N.A. $1,770,000 $2,000,000 13.0% 1.3%
UNITED WHOLESALE MORTGAGE, LLC $2,505,000 $1,980,000 -21.0% 1.3%
Wells Fargo Bank $3,295,000 $1,940,000 -41.1% 1.3%
Community Mortgage Banc Corporation $2,110,000 $1,815,000 -14.0% 1.2%
FINANCE OF AMERICA MORTGAGE LLC $3,635,000 $1,785,000 -50.9% 1.2%
CROSSCOUNTRY MORTGAGE, LLC $2,625,000 $1,765,000 -32.8% 1.1%
LOANDEPOT.COM, LLC $3,960,000 $1,720,000 -56.6% 1.1%
Sauk Valley Bank & Trust Company $2,015,000 $1,620,000 -19.6% 1.1%
JPMorgan Chase Bank $1,935,000 $1,605,000 -17.1% 1.0%
FIRST NORTHERN Credit Union $1,780,000 $1,600,000 -10.1% 1.0%
ACADEMY MORTGAGE CORPORATION $1,370,000 $1,590,000 16.1% 1.0%
First National Bank of Omaha $4,920,000 $1,500,000 -69.5% 1.0%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,205,000 $1,345,000 11.6% 0.9%
NAVY FEDERAL CREDIT UNION $965,000 $1,345,000 39.4% 0.9%
Fifth Third Bank $550,000 $1,325,000 140.9% 0.9%
The Harvard State Bank $1,630,000 $1,295,000 -20.6% 0.8%
United Community Bank $835,000 $1,295,000 55.1% 0.8%
NORTHWEST BANK OF ROCKFORD $1,430,000 $1,230,000 -14.0% 0.8%
PENNYMAC LOAN SERVICES, LLC $1,895,000 $1,230,000 -35.1% 0.8%
The Huntington National Bank $875,000 $1,170,000 33.7% 0.8%
Flanagan State Bank $1,790,000 $1,000,000 -44.1% 0.7%
USAA Federal Savings Bank $1,070,000 $995,000 -7.0% 0.6%
Midland States Bank $2,130,000 $970,000 -54.5% 0.6%
PLANET HOME LENDING, LLC $780,000 $955,000 22.4% 0.6%
FLAT BRANCH MORTGAGE, INC. $530,000 $905,000 70.8% 0.6%
GREENSTATE CREDIT UNION $880,000 n/a 0.6%
American Bank and Trust Company $865,000 n/a 0.6%
HOME POINT FINANCIAL CORPORATION $1,725,000 $840,000 -51.3% 0.5%
COMPEER FINANCIAL, FLCA $3,015,000 $835,000 -72.3% 0.5%
Rock Valley Credit Union $1,255,000 $785,000 -37.5% 0.5%
AMERISAVE MORTGAGE CORPORATION $1,055,000 $710,000 -32.7% 0.5%
First Federal Savings Bank $685,000 n/a 0.4%
NEW DAY FINANCIAL, LLC $195,000 $665,000 241.0% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $1,440,000 $660,000 -54.2% 0.4%
Citywide Banks $655,000 n/a 0.4%
Paramount Residential Mortgage Group, Inc. $230,000 $645,000 180.4% 0.4%
FREEDOM MORTGAGE CORPORATION $4,920,000 $620,000 -87.4% 0.4%
PLAZA HOME MORTGAGE, INC. $895,000 $590,000 -34.1% 0.4%
Great Southern Bank $585,000 n/a 0.4%
Flagstar Bank, FSB $235,000 $560,000 138.3% 0.4%
INLAND BANK & TRUST $2,010,000 $540,000 -73.1% 0.4%
Tradition Capital Bank $535,000 n/a 0.3%
CALIBER HOME LOANS, INC. $3,670,000 $530,000 -85.6% 0.3%
AMERICAN PACIFIC MORTGAGE CORPORATION $760,000 $500,000 -34.2% 0.3%
NEWREZ LLC $1,110,000 $495,000 -55.4% 0.3%
DUPACO COMMUNITY $285,000 $475,000 66.7% 0.3%
LAKEVIEW LOAN SERVICING, LLC $1,290,000 $475,000 -63.2% 0.3%
GENEVA FINANCIAL, LLC $390,000 $470,000 20.5% 0.3%
Old Second National Bank $1,710,000 $460,000 -73.1% 0.3%
PREMIA MORTGAGE, LLC $285,000 $450,000 57.9% 0.3%
Carrington Mortgage Services, LLC $680,000 $435,000 -36.0% 0.3%
Northpointe Bank $425,000 n/a 0.3%
CHERRY CREEK MORTGAGE, LLC $155,000 $415,000 167.7% 0.3%
Neighborhood Loans, Inc. $545,000 $410,000 -24.8% 0.3%
First Midwest Bank $885,000 $405,000 -54.2% 0.3%
DRAPER AND KRAMER MORTGAGE CORP. $1,660,000 $395,000 -76.2% 0.3%
Centennial Bank $385,000 n/a 0.3%
PENTAGON FEDERAL CREDIT UNION $380,000 n/a 0.2%
BMO Harris Bank $800,000 $365,000 -54.4% 0.2%
ILLINOIS STATE CREDIT UNION $115,000 $355,000 208.7% 0.2%
LENDSURE MORTGAGE CORP. $345,000 n/a 0.2%
Bankers' Bank $185,000 $330,000 78.4% 0.2%
UNION HOME MORTGAGE CORP. $325,000 n/a 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $885,000 $320,000 -63.8% 0.2%
HOMESPIRE MORTGAGE CORPORATION $315,000 n/a 0.2%
PNC Bank $1,640,000 $315,000 -80.8% 0.2%
OCMBC, INC. $145,000 $295,000 103.4% 0.2%
PHH Mortgage Corporation $105,000 $295,000 181.0% 0.2%
The Federal Savings Bank $1,150,000 $290,000 -74.8% 0.2%
MOVEMENT MORTGAGE, LLC $285,000 $285,000 0.0% 0.2%
Platinum Home Mortgage Corporation $390,000 $285,000 -26.9% 0.2%
Associated Bank $710,000 $275,000 -61.3% 0.2%
Servion, Inc. $275,000 n/a 0.2%
Bank of America $530,000 $270,000 -49.1% 0.2%
First National Bank of Brookfield $265,000 n/a 0.2%
MORTGAGE CENTER L.C $175,000 $260,000 48.6% 0.2%
Old National Bank $250,000 n/a 0.2%
CANOPY MORTGAGE, LLC $245,000 n/a 0.2%
Arvest Bank $155,000 $235,000 51.6% 0.2%
FIRST STATE MORTGAGE SERVICES, LLC $905,000 $235,000 -74.0% 0.2%
GUARANTEED RATE AFFINITY, LLC $265,000 $235,000 -11.3% 0.2%
Illinois Community Credit Unio $235,000 n/a 0.2%
KELLER MORTGAGE, LLC $235,000 n/a 0.2%
Midwest Heritage Bank FSB $225,000 n/a 0.1%
Equity Prime Mortgage LLC $270,000 $220,000 -18.5% 0.1%
University of Wisconsin Credit Union $215,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $145,000 $205,000 41.4% 0.1%
BETTER MORTGAGE CORPORATION $765,000 $195,000 -74.5% 0.1%
Farmers National Bank $775,000 $190,000 -75.5% 0.1%
ENDEAVOR CAPITAL, LLC. $185,000 n/a 0.1%
EVERETT FINANCIAL, INC. $135,000 $185,000 37.0% 0.1%
United Fidelity Funding Corp. $185,000 $185,000 0.0% 0.1%
ROYAL UNITED MORTGAGE LLC $85,000 $180,000 111.8% 0.1%
Starion Bank $175,000 n/a 0.1%
Heartland Bank and Trust Company $165,000 n/a 0.1%
RUHL MORTGAGE, LLC $165,000 n/a 0.1%
CITIZENS EQUITY FIRST $105,000 $155,000 47.6% 0.1%
EMBRACE HOME LOANS, INC. $155,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $155,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $155,000 n/a 0.1%
CMG MORTGAGE, INC. $370,000 $145,000 -60.8% 0.1%
LEADERONE FINANCIAL CORPORATION $145,000 n/a 0.1%
THRIVENT Federal Credit Union $145,000 n/a 0.1%
CORPORATE AMERICA FAMILY $140,000 n/a 0.1%
Home State Bank $605,000 $140,000 -76.9% 0.1%
ALLIED MORTGAGE GROUP, INC. $135,000 n/a 0.1%
BROKER SOLUTIONS, INC. $465,000 $135,000 -71.0% 0.1%
Gateway First Bank $135,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $135,000 n/a 0.1%
Ally Bank $125,000 n/a 0.1%
BLUELEAF LENDING, LLC $745,000 $125,000 -83.2% 0.1%
Connexus Credit Union $125,000 n/a 0.1%
Figure Lending LLC $125,000 n/a 0.1%
MEMBER FIRST MORTGAGE, LLC $125,000 n/a 0.1%
Mutual Federal Bank $195,000 $125,000 -35.9% 0.1%
M&T Bank $190,000 $115,000 -39.5% 0.1%
SPRING EQ, LLC $110,000 n/a 0.1%
COMMUNITYAMERICA $105,000 n/a 0.1%
Manufacturers Bank & Trust Company $105,000 n/a 0.1%
Summit Credit Union $105,000 n/a 0.1%
Ixonia Bank $95,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $145,000 $95,000 -34.5% 0.1%
SOUTHWEST STAGE FUNDING, LLC $85,000 n/a 0.1%
EASTMAN $75,000 n/a 0.0%
Stifel Bank and Trust $75,000 n/a 0.0%
Citizens Bank $290,000 $55,000 -81.0% 0.0%
FINANCIAL PLUS $55,000 n/a 0.0%
First Community Credit Union $335,000 $55,000 -83.6% 0.0%
Deere Employees Credit Union $555,000 $50,000 -91.0% 0.0%
Discover Bank $45,000 $45,000 0.0% 0.0%
ALLIANT CREDIT UNION $35,000 n/a 0.0%
CITY-COUNTY CREDIT UNION $35,000 n/a 0.0%
Lakeview Community Capital, LLC $115,000 $25,000 -78.3% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $25,000 n/a 0.0%

Rochelle's top lender by overall market share is Holcomb Bank, with 8.5% market share. In second place, with 6.5%, is Stillman BancCorp N.A., having originated $10,025,000 in loans. In third place, with 5.5%, is Central Bank Illinois, having originated $8,435,000 in loans. In fourth place, with 5.1%, is QUICKEN LOANS, LLC, having originated $7,765,000 in loans. In fifth place, with 3.7%, is Union Savings Bank, having originated $5,670,000 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 $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%) $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 (-5.7%) $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 (2.5%) 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%) $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%) $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 (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 (-10.2%) 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
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
Rochelle's median listing price for 2023-08-01 was $239,900, a difference of $14,940 (6.6%) versus the prior year and $20,950 versus the prior month.

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

Rochelle's average listing price for 2023-08-01 was $259,032, a difference of $-29,934 (-10.4%) versus the prior year and $7,771 versus the prior month.

For the 2023-08-01 period, Rochelle had 50 MLS listings, a difference of 3 listings (6%) versus the prior month and -27 listings (-35%) 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 1,818 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 2,009 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 1,570 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 1,837 sqft
2023-03-01 0 days 1,843 sqft
2023-04-01 0 days 1,825 sqft
2023-05-01 0 days 1,801 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
Rochelle's median listing age (time on market) for 2023-08-01 was 0 days.

Rochelle's median square footage for active listings during the 2023-08-01 period was 1,894 sqft. One year prior, the average listing was 2,042 sqft.

Rochelle, IL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 632 $103,830,000 $164,288
Refi 155 $20,245,000 $130,613
Cash Out Refi 150 $22,130,000 $147,533
Other 48 $4,420,000 $92,083
Home Improvement 36 $3,000,000 $83,333

Rochelle's most frequently cited loan purpose was Home Purchase, with 632 originations. The 2nd most popular reason was Refi, with 155 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 250 $37,330,000 $149,320
4-5% 206 $32,260,000 $156,602
3-4% 175 $28,985,000 $165,629
6-7% 113 $17,055,000 $150,929
7-8% 40 $5,090,000 $127,250
<2.5% 38 $4,350,000 $114,474
2.5-3% 33 $4,825,000 $146,212
Over 8% 15 $995,000 $66,333

During 2022, Rochelle's most frequently originated rate bucket was 5-6%, with 250 originations.

Loan Sizing (Rochelle, IL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 482 $68,850,000 $142,842
$100,000 or less 315 $19,195,000 $60,937
$200k-400k 201 $53,365,000 $265,498
$400k-600k 18 $8,040,000 $446,667
$600k-1000k 4 $3,070,000 $767,500
$Over $1MM 1 $1,105,000 $1,105,000

Rochelle's loan sizing saw the bucket of loans from $100k-200k with 482 originations, totaling $68,850,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 413 $74,535,000 $180,472
60-80% 250 $39,170,000 $156,680
40-60% 77 $9,005,000 $116,948
Under 20% 68 $1,890,000 $27,794
20-40% 55 $3,885,000 $70,636
Over 100% 7 $2,075,000 $296,429

Rochelle's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 413 originations, totaling $74,535,000 in origination value.