Salina Mortgage Rates & Closing Costs

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.