Salina 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 Salina averaged 6.67% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.29% and one month ago for the week of 2023-04-20, the average rate was 6.49%.

    Salina's average rate one year ago was 5.05%.

    For refis of the same type during the week of 2023-05-25, the average rate was 7.17%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Salina 30 Year Fixed Rate 2023-05-25 6.67%
    Salina 30 Year Fixed Rate Refi 2023-05-25 7.17%
    Salina 15 Year Fixed Rate 2023-05-25 5.97%
    Salina 15 Year Fixed Rate Refi 2023-05-25 6.47%
    Salina 30 Year FHA 2023-05-25 6.54%
    Salina 30 Year FHA Refi 2023-05-25 6.51%
    Salina 30 Year USDA 2023-05-25 6.63%
    Salina 30 Year USDA Refi 2023-05-25 6.53%
    Salina 30 Year VA 2023-05-25 6.41%
    Salina 30 Year VA Refi 2023-05-25 6.61%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Salina, KS.

    Salina 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 Salina, KS 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
    Sunflower Bank 26 4.99% $2,260
    NBH Bank 25 5.29% $2,455
    Central National Bank 13 5.47% $1,672
    QUICKEN LOANS, LLC 12 4.81% $5,865
    MID AMERICA MORTGAGE, INC. 11 5.57% $2,235
    Exchange Bank 11 4.81% $1,880
    Mortgage Investment Services Corporation 9 5.51% $2,718
    FREEDOM MORTGAGE CORPORATION 5 5.35% $4,758
    Capitol Federal Savings Bank 5 3.85% $2,545
    LOANDEPOT.COM, LLC 5 5.03% $6,065
    Mr. Cooper ( Nationstar Mortgage ) 4 4.90% $5,856
    AMERISAVE MORTGAGE CORPORATION 4 4.81% $5,603
    Equity Bank 4 5.09% $3,224
    KELLER MORTGAGE, LLC 4 5.44% $3,560
    Wells Fargo Bank 4 5.28% $2,949
    UNION HOME MORTGAGE CORP. 4 5.66% $4,155
    CREDIT UNION OF AMERICA 4 4.47% $1,954
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 5.46% $3,936
    Regent Financial Group, Inc. 3 5.96% $1,917
    PLANET HOME LENDING, LLC 3 7.13% $2,827
    West Gate Bank 3 5.33% $1,736
    JPMorgan Chase Bank 3 4.58% $1,576
    Flagstar Bank, FSB 3 4.48% $5,637
    BETTER MORTGAGE CORPORATION 2 4.00% $3,789
    FLAT BRANCH MORTGAGE, INC. 2 6.13% $2,993
    AMERICAN FINANCING CORPORATION 2 4.75% $4,500
    Gateway First Bank 2 4.00% $1,408
    LEADERONE FINANCIAL CORPORATION 2 4.50% $4,946
    Plains Commerce Bank 2 5.75% $2,713
    ROYAL UNITED MORTGAGE LLC 2 5.00% $6,179
    The Huntington National Bank 2 4.06% $4,261
    HOME POINT FINANCIAL CORPORATION 1 4.99% $2,274
    INLANTA MORTGAGE, INC. 1 5.25% $2,386
    Intrust Bank 1 6.25% $1,447
    Bank of the Flint Hills 1 5.25% $2,051
    EVERETT FINANCIAL, INC. 1 3.50% $1,383
    UNITED WHOLESALE MORTGAGE, LLC 1 2.87% $4,834
    Emprise Bank 1 3.63% $2,048
    MERITRUST Federal Credit Union 1 4.13% $2,002
    Bank of America 1 3.50% $2,616
    Morgan Stanley Private Bank 1 4.40% $1,960
    Bankers' Bank 1 6.13% $4,260
    Discover Bank 1 4.75% $0
    Arvest Bank 1 5.13% $2,207
    NBKC BANK 1 5.13% $4,237
    OPEN MORTGAGE, LLC 1 5.13% $6,054
    PENNYMAC LOAN SERVICES, LLC 1 5.88% $2,849
    U.S. Bank 1 5.63% $2,003
    Community First National Bank 1 5.62% $2,771
    PLAZA HOME MORTGAGE, INC. 1 4.88% $10,537
    Armed Forces Bank 1 3.50% $1,269
    RED DIAMOND HOME LOANS, LLC 1 4.13% $2,635
    COMMUNITYAMERICA 1 4.50% $5,605
    RELIANCE FIRST CAPITAL, LLC 1 5.50% $9,427
    BROKER SOLUTIONS, INC. 1 3.49% $4,301
    Sierra Pacific Mortgage Company, Inc. 1 6.13% $4,528
    Simmons Bank 1 3.38% $2,590
    SUMMIT FUNDING, INC. 1 5.50% $5,501
    Colonial Savings, F.A. 1 6.63% $3,544
    The Bank of Missouri 1 3.88% $3,685
    CHURCHILL MORTGAGE CORPORATION 1 5.75% $2,716
    The Northern Trust Company 1 2.63% $3,339
    CMG MORTGAGE, INC. 1 7.88% $3,779
    GERSHMAN INVESTMENT CORP. 1 3.50% $2,902
    GOLDEN PLAINS 1 6.25% $1,595
    GUARANTEED RATE, INC. 1 3.63% $4,129
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.13% $5,763

    Salina Average Closing Costs & Other Stats

    Salina, KS's 67 lenders originated 722 loans during 2022. The total origination value was $152,170,000, with an average loan value of $210,762.

    Salina's average closing costs are $3,453.

    The top Salina lender as defined by loan originations is Sunflower Bank, with 26 loans originated. Their average total fees are $2,260, which is $195 lower than the next largest lender, NBH Bank.

    The lowest fee Salina lenders (with over 10 loans originated) are Central National Bank ($1,672), Exchange Bank ($1,880), MID AMERICA MORTGAGE, INC. ($2,235), Sunflower Bank ($2,260) and NBH Bank ($2,455).

    The lowest rate Salina lenders (with over 10 loans originated) are Exchange Bank (4.81%), QUICKEN LOANS, LLC (4.81%), Sunflower Bank (4.99%), NBH Bank (5.29%) and Central National Bank (5.47%).

    Salina, KS 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
    The Bennington State Bank $26,815,000 $26,240,000 -2.1% 17.2%
    ORIX REAL ESTATE CAPITAL, LLC $21,605,000 n/a 14.2%
    NBH Bank $15,040,000 $12,210,000 -18.8% 8.0%
    Cedar Rapids Bank and Trust Company $11,700,000 n/a 7.7%
    Exchange Bank $75,000 $7,695,000 10,160.0% 5.1%
    Sunflower Bank $8,535,000 $5,845,000 -31.5% 3.8%
    QUICKEN LOANS, LLC $16,480,000 $5,280,000 -68.0% 3.5%
    Central National Bank $9,095,000 $4,265,000 -53.1% 2.8%
    MID AMERICA MORTGAGE, INC. $2,940,000 $3,940,000 34.0% 2.6%
    Mortgage Investment Services Corporation $3,305,000 $3,640,000 10.1% 2.4%
    Mortgage Research Center, LLC $3,570,000 $3,155,000 -11.6% 2.1%
    HOME POINT FINANCIAL CORPORATION $3,960,000 $2,815,000 -28.9% 1.8%
    FREEDOM MORTGAGE CORPORATION $9,340,000 $2,610,000 -72.1% 1.7%
    Mr. Cooper ( Nationstar Mortgage ) $1,905,000 $1,990,000 4.5% 1.3%
    Capitol Federal Savings Bank $6,685,000 $1,695,000 -74.6% 1.1%
    Pinnacle Bank $340,000 $1,600,000 370.6% 1.1%
    AMERISAVE MORTGAGE CORPORATION $1,660,000 $1,295,000 -22.0% 0.9%
    LOANDEPOT.COM, LLC $3,170,000 $1,275,000 -59.8% 0.8%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $585,000 $1,250,000 113.7% 0.8%
    Wells Fargo Bank $2,010,000 $1,190,000 -40.8% 0.8%
    CREDIT UNION OF AMERICA $2,455,000 $1,115,000 -54.6% 0.7%
    NAVY FEDERAL CREDIT UNION $1,055,000 $1,100,000 4.3% 0.7%
    Equity Bank $450,000 $1,045,000 132.2% 0.7%
    PEOPLES STATE BANK $975,000 n/a 0.6%
    USAA Federal Savings Bank $1,315,000 $960,000 -27.0% 0.6%
    UNION HOME MORTGAGE CORP. $1,720,000 $930,000 -45.9% 0.6%
    The Huntington National Bank $920,000 n/a 0.6%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $2,700,000 $845,000 -68.7% 0.6%
    FLAT BRANCH MORTGAGE, INC. $630,000 $820,000 30.2% 0.5%
    PLANET HOME LENDING, LLC $400,000 $795,000 98.8% 0.5%
    KELLER MORTGAGE, LLC $1,010,000 $755,000 -25.2% 0.5%
    AMERICAN FINANCING CORPORATION $165,000 $725,000 339.4% 0.5%
    Flagstar Bank, FSB $665,000 $705,000 6.0% 0.5%
    MERITRUST Federal Credit Union $190,000 $670,000 252.6% 0.4%
    UMB Bank $2,205,000 $605,000 -72.6% 0.4%
    The Bank of Missouri $595,000 n/a 0.4%
    First National Bank of Omaha $135,000 $565,000 318.5% 0.4%
    Carrington Mortgage Services, LLC $1,260,000 $495,000 -60.7% 0.3%
    Gateway First Bank $2,990,000 $495,000 -83.4% 0.3%
    Emprise Bank $5,000 $460,000 9,100.0% 0.3%
    Armed Forces Bank $450,000 n/a 0.3%
    PENNYMAC LOAN SERVICES, LLC $3,805,000 $440,000 -88.4% 0.3%
    FirstBank $435,000 n/a 0.3%
    West Gate Bank $2,430,000 $435,000 -82.1% 0.3%
    Bank of America $455,000 $430,000 -5.5% 0.3%
    OPEN MORTGAGE, LLC $405,000 n/a 0.3%
    BETTER MORTGAGE CORPORATION $615,000 $380,000 -38.2% 0.2%
    Simmons Bank $365,000 n/a 0.2%
    Ameris Bank $355,000 n/a 0.2%
    PLAZA HOME MORTGAGE, INC. $355,000 n/a 0.2%
    CMG MORTGAGE, INC. $525,000 $350,000 -33.3% 0.2%
    JPMorgan Chase Bank $630,000 $350,000 -44.4% 0.2%
    COMMUNITYAMERICA $575,000 $320,000 -44.3% 0.2%
    Intrust Bank $90,000 $320,000 255.6% 0.2%
    Paramount Residential Mortgage Group, Inc. $320,000 n/a 0.2%
    The Farmers State Bank of Westmoreland $315,000 n/a 0.2%
    Bank of the Flint Hills $310,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $115,000 $305,000 165.2% 0.2%
    RED DIAMOND HOME LOANS, LLC $330,000 $300,000 -9.1% 0.2%
    NBKC BANK $295,000 n/a 0.2%
    GOLDEN PLAINS $675,000 $290,000 -57.0% 0.2%
    GUARANTEED RATE, INC. $285,000 n/a 0.2%
    Regent Financial Group, Inc. $370,000 $275,000 -25.7% 0.2%
    Arvest Bank $250,000 $270,000 8.0% 0.2%
    NEW DAY FINANCIAL, LLC $585,000 $260,000 -55.6% 0.2%
    BROKER SOLUTIONS, INC. $1,890,000 $255,000 -86.5% 0.2%
    Sierra Pacific Mortgage Company, Inc. $55,000 $255,000 363.6% 0.2%
    The Northern Trust Company $255,000 n/a 0.2%
    LEADERONE FINANCIAL CORPORATION $1,720,000 $250,000 -85.5% 0.2%
    The Federal Savings Bank $520,000 $245,000 -52.9% 0.2%
    Plains Commerce Bank $240,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $380,000 $230,000 -39.5% 0.2%
    NEWREZ LLC $520,000 $220,000 -57.7% 0.1%
    Community First National Bank $265,000 $215,000 -18.9% 0.1%
    The Citizens State Bank $475,000 $215,000 -54.7% 0.1%
    ROYAL UNITED MORTGAGE LLC $380,000 $210,000 -44.7% 0.1%
    Baxter Credit Union $75,000 $205,000 173.3% 0.1%
    GENEVA FINANCIAL, LLC $205,000 n/a 0.1%
    UNITED WHOLESALE MORTGAGE, LLC $455,000 $190,000 -58.2% 0.1%
    Landmark National Bank $185,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $145,000 $185,000 27.6% 0.1%
    Morgan Stanley Private Bank $175,000 n/a 0.1%
    Colonial Savings, F.A. $835,000 $170,000 -79.6% 0.1%
    SUMMIT FUNDING, INC. $165,000 n/a 0.1%
    Bankers' Bank $155,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $155,000 n/a 0.1%
    SPRING EQ, LLC $140,000 n/a 0.1%
    Members Mortgage Services, L.L.C. $270,000 $135,000 -50.0% 0.1%
    GERSHMAN INVESTMENT CORP. $125,000 n/a 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $125,000 n/a 0.1%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $505,000 $115,000 -77.2% 0.1%
    HOMESIDE FINANCIAL, LLC $370,000 $115,000 -68.9% 0.1%
    Kaw Valley Bank $115,000 n/a 0.1%
    INLANTA MORTGAGE, INC. $105,000 n/a 0.1%
    NETWORK CAPITAL FUNDING CORPORATION $105,000 n/a 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $105,000 n/a 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $95,000 n/a 0.1%
    Discover Bank $95,000 $85,000 -10.5% 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $75,000 n/a 0.0%
    U.S. Bank $1,120,000 $65,000 -94.2% 0.0%
    Commerce Bank $55,000 n/a 0.0%
    LENDINGHOME FUNDING CORPORATION $55,000 n/a 0.0%
    FARMERS INSURANCE GROUP FEDERAL CREDIT UNION $45,000 n/a 0.0%
    Figure Lending LLC $35,000 n/a 0.0%
    AMERICAN ADVISORS GROUP $90,000 $25,000 -72.2% 0.0%

    Salina's top lender by overall market share is The Bennington State Bank, with 17.2% market share. In second place, with 14.2%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $21,605,000 in loans. In third place, with 8.0%, is NBH Bank, having originated $12,210,000 in loans. In fourth place, with 7.7%, is Cedar Rapids Bank and Trust Company, having originated $11,700,000 in loans. In fifth place, with 5.1%, is Exchange Bank, having originated $7,695,000 in loans.

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

    Realtor.com - Salina (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 $135,700 (-8.8%) $181,666 (-7.5%) 0.00 155
    2018-02-01 $156,050 (5.8%) $192,050 (-3.7%) 0.00 158
    2018-03-01 $150,000 (0.0%) $191,661 (-3.4%) 0.00 152
    2018-04-01 $158,975 (9.6%) $198,116 (3.8%) 0.00 170
    2018-05-01 $159,475 (7.2%) $195,628 (3.4%) 0.00 172
    2018-06-01 $155,450 (0.5%) $188,693 (0.7%) 0.00 177
    2018-07-01 $148,225 (0.5%) $186,593 (0.1%) 0.00 183
    2018-08-01 $145,000 (0.3%) $180,570 (-1.3%) 0.00 184
    2018-09-01 $144,950 (0.0%) $183,899 (-0.1%) 0.00 181
    2018-10-01 $147,225 (0.7%) $190,138 (2.9%) 0.00 178
    2018-11-01 $151,925 (4.8%) $191,343 (6.2%) 0.00 179
    2018-12-01 $158,900 (14.3%) $190,077 (5.8%) 0.00 169
    2019-01-01 $158,975 (17.2%) $194,761 (7.2%) 0.00 150
    2019-02-01 $142,475 (-8.7%) $192,038 (0.0%) 0.00 145
    2019-03-01 $153,450 (2.3%) $196,125 (2.3%) 0.00 130
    2019-04-01 $173,950 (9.4%) $205,440 (3.7%) 0.00 121
    2019-05-01 $187,500 (17.6%) $223,557 (14.3%) 0.00 129
    2019-06-01 $169,900 (9.3%) $220,555 (16.9%) 0.00 134
    2019-07-01 $152,500 (2.9%) $193,312 (3.6%) 0.00 172
    2019-08-01 $150,900 (4.1%) $186,812 (3.5%) 0.00 178
    2019-09-01 $151,725 (4.7%) $193,925 (5.5%) 0.00 182
    2019-10-01 $144,000 (-2.2%) $192,149 (1.1%) 0.00 180
    2019-11-01 $144,400 (-5.0%) $194,097 (1.4%) 0.00 151
    2019-12-01 $142,475 (-10.3%) $190,813 (0.4%) 0.00 149
    2020-01-01 $149,000 (-6.3%) $198,502 (1.9%) 0.00 137
    2020-02-01 $147,200 (3.3%) $196,186 (2.2%) 0.00 122
    2020-03-01 $150,900 (-1.7%) $205,358 (4.7%) 0.00 127
    2020-04-01 $149,450 (-14.1%) $206,276 (0.4%) 0.00 134
    2020-05-01 $147,450 (-21.4%) $196,203 (-12.2%) 0.00 116
    2020-06-01 $146,500 (-13.8%) $207,435 (-6.0%) 0.00 100
    2020-07-01 $140,100 (-8.1%) $208,335 (7.8%) 0.00 86
    2020-08-01 $145,000 (-3.9%) $217,040 (16.2%) 0.00 79
    2020-09-01 $134,825 (-11.1%) $206,100 (6.3%) 0.00 85
    2020-10-01 $122,500 (-14.9%) $189,729 (-1.3%) 0.00 80
    2020-11-01 $123,975 (-14.1%) $185,361 (-4.5%) 0.00 76
    2020-12-01 $114,000 (-20.0%) $185,550 (-2.8%) 0.00 70
    2021-01-01 $127,000 (-14.8%) $204,301 (2.9%) 0.00 63
    2021-02-01 $149,925 (1.9%) $223,160 (13.8%) 0.00 66
    2021-03-01 $147,975 (-1.9%) $211,608 (3.0%) 0.00 63
    2021-04-01 $124,850 (-16.5%) $176,610 (-14.4%) 0.00 59
    2021-05-01 $135,000 (-8.4%) $194,261 (-1.0%) 0.00 52
    2021-06-01 $141,500 (-3.4%) $207,628 (0.1%) 0.00 54
    2021-07-01 $139,900 (-0.1%) $254,439 (22.1%) 0.00 56
    2021-08-01 $126,950 (-12.5%) $240,075 (10.6%) 0.00 57
    2021-09-01 $129,700 (-3.8%) $226,816 (10.1%) 0.00 67
    2021-10-01 $136,000 (11.0%) $244,000 (28.6%) 0.00 58
    2021-11-01 $96,700 (-22.0%) $195,589 (5.5%) 0.00 73
    2021-12-01 $126,225 (10.7%) $233,275 (25.7%) 0.00 65
    2022-01-01 $109,000 (-14.2%) $241,870 (18.4%) 0.00 49
    2022-02-01 $91,000 (-39.3%) $247,586 (11.0%) 0.00 60
    2022-03-01 $98,725 (-33.3%) $235,072 (11.1%) 0.00 59
    2022-04-01 $142,000 (13.7%) $248,472 (40.7%) 0.00 66
    2022-05-01 $129,375 (-4.2%) $195,050 (0.4%) 0.00 66
    2022-06-01 $130,975 (-7.4%) $201,017 (-3.2%) 0.00 67
    2022-07-01 $192,450 (37.6%) $259,207 (1.9%) 0.00 66
    2022-08-01 $209,975 (65.4%) $290,672 (21.1%) 0.00 65
    2022-09-01 $172,200 (32.8%) $256,739 (13.2%) 0.00 70
    2022-10-01 $172,450 (26.8%) $243,934 (0.0%) 0.00 83
    2022-11-01 $180,000 (86.1%) $240,131 (22.8%) 0.00 87
    2022-12-01 $180,000 (42.6%) $225,168 (-3.5%) 0.00 71
    2023-01-01 $204,000 (87.2%) $254,868 (5.4%) 0.00 64
    2023-02-01 $179,250 (97.0%) $248,127 (0.2%) 0.00 65
    2023-03-01 $196,750 (99.3%) $279,166 (18.8%) 0.00 61
    2023-04-01 $204,000 (43.7%) $285,423 (14.9%) 0.00 64
    Salina's median listing price for 2023-04-01 was $204,000, a difference of $62,000 (43.7%) versus the prior year and $7,250 versus the prior month.

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

    Salina's average listing price for 2023-04-01 was $285,423, a difference of $36,951 (14.9%) versus the prior year and $6,257 versus the prior month.

    For the 2023-04-01 period, Salina had 64 MLS listings, a difference of 3 listings (5%) versus the prior month and -2 listings (-3%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Salina (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,427 sqft
    2018-02-01 0 days 1,427 sqft
    2018-03-01 0 days 1,447 sqft
    2018-04-01 0 days 1,483 sqft
    2018-05-01 0 days 1,477 sqft
    2018-06-01 0 days 1,496 sqft
    2018-07-01 0 days 1,520 sqft
    2018-08-01 0 days 1,475 sqft
    2018-09-01 0 days 1,478 sqft
    2018-10-01 0 days 1,504 sqft
    2018-11-01 0 days 1,493 sqft
    2018-12-01 0 days 1,494 sqft
    2019-01-01 0 days 1,497 sqft
    2019-02-01 0 days 1,471 sqft
    2019-03-01 0 days 1,545 sqft
    2019-04-01 0 days 1,589 sqft
    2019-05-01 0 days 1,609 sqft
    2019-06-01 0 days 1,559 sqft
    2019-07-01 0 days 1,488 sqft
    2019-08-01 0 days 1,478 sqft
    2019-09-01 0 days 1,495 sqft
    2019-10-01 0 days 1,458 sqft
    2019-11-01 0 days 1,470 sqft
    2019-12-01 0 days 1,441 sqft
    2020-01-01 0 days 1,463 sqft
    2020-02-01 0 days 1,456 sqft
    2020-03-01 0 days 1,468 sqft
    2020-04-01 0 days 1,482 sqft
    2020-05-01 0 days 1,467 sqft
    2020-06-01 0 days 1,468 sqft
    2020-07-01 0 days 1,440 sqft
    2020-08-01 0 days 1,438 sqft
    2020-09-01 0 days 1,442 sqft
    2020-10-01 0 days 1,340 sqft
    2020-11-01 0 days 1,392 sqft
    2020-12-01 0 days 1,356 sqft
    2021-01-01 0 days 1,477 sqft
    2021-02-01 0 days 1,542 sqft
    2021-03-01 0 days 1,424 sqft
    2021-04-01 0 days 1,298 sqft
    2021-05-01 0 days 1,344 sqft
    2021-06-01 0 days 1,438 sqft
    2021-07-01 0 days 1,400 sqft
    2021-08-01 0 days 1,350 sqft
    2021-09-01 0 days 1,375 sqft
    2021-10-01 0 days 1,374 sqft
    2021-11-01 0 days 1,132 sqft
    2021-12-01 0 days 1,229 sqft
    2022-01-01 0 days 1,144 sqft
    2022-02-01 0 days 1,144 sqft
    2022-03-01 0 days 1,144 sqft
    2022-04-01 0 days 1,185 sqft
    2022-05-01 0 days 1,219 sqft
    2022-06-01 0 days 1,197 sqft
    2022-07-01 0 days 1,472 sqft
    2022-08-01 0 days 1,476 sqft
    2022-09-01 0 days 1,390 sqft
    2022-10-01 0 days 1,394 sqft
    2022-11-01 0 days 1,382 sqft
    2022-12-01 0 days 1,364 sqft
    2023-01-01 0 days 1,435 sqft
    2023-02-01 0 days 1,388 sqft
    2023-03-01 0 days 1,441 sqft
    2023-04-01 0 days 1,451 sqft
    Salina's median listing age (time on market) for 2023-04-01 was 0 days.

    Salina's median square footage for active listings during the 2023-04-01 period was 1,451 sqft. One year prior, the average listing was 1,185 sqft.

    Salina, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 445 $113,125,000 $254,213
    Cash Out Refi 114 $13,960,000 $122,456
    Refi 111 $15,835,000 $142,658
    Home Improvement 36 $7,990,000 $221,944
    Other 16 $1,260,000 $78,750

    Salina's most frequently cited loan purpose was Home Purchase, with 445 originations. The 2nd most popular reason was Cash Out Refi, with 114 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 165 $26,025,000 $157,727
    4-5% 146 $23,270,000 $159,384
    3-4% 117 $19,125,000 $163,462
    6-7% 83 $12,445,000 $149,940
    7-8% 31 $3,715,000 $119,839
    2.5-3% 26 $3,760,000 $144,615
    <2.5% 14 $24,350,000 $1,739,286
    Over 8% 5 $235,000 $47,000

    During 2022, Salina's most frequently originated rate bucket was 5-6%, with 165 originations.

    Loan Sizing (Salina, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 314 $44,970,000 $143,217
    $100,000 or less 238 $14,640,000 $61,513
    $200k-400k 142 $37,480,000 $263,944
    $400k-600k 19 $9,075,000 $477,632
    $Over $1MM 5 $43,235,000 $8,647,000
    $600k-1000k 4 $2,770,000 $692,500

    Salina's loan sizing saw the bucket of loans from $100k-200k with 314 originations, totaling $44,970,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 320 $56,830,000 $177,594
    60-80% 169 $24,905,000 $147,367
    40-60% 34 $3,900,000 $114,706
    20-40% 28 $2,290,000 $81,786
    Under 20% 23 $1,105,000 $48,043
    Over 100% 7 $22,805,000 $3,257,857

    Salina's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 320 originations, totaling $56,830,000 in origination value.