Sedalia Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Sedalia averaged
7.18%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7.47% and
one month ago for the week of 2023-08-17, the
average rate was 6.98%.
Sedalia's average rate one year ago was 6.21%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.69%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Sedalia 30 Year Fixed Rate | 2023-09-21 | 7.18% |
Sedalia 30 Year Fixed Rate Refi | 2023-09-21 | 7.69% |
Sedalia 15 Year Fixed Rate | 2023-09-21 | 6.54% |
Sedalia 15 Year Fixed Rate Refi | 2023-09-21 | 6.44% |
Sedalia 30 Year FHA | 2023-09-21 | 6.65% |
Sedalia 30 Year FHA Refi | 2023-09-21 | 7.24% |
Sedalia 30 Year USDA | 2023-09-21 | 6.67% |
Sedalia 30 Year USDA Refi | 2023-09-21 | 6.92% |
Sedalia 30 Year VA | 2023-09-21 | 6.73% |
Sedalia 30 Year VA Refi | 2023-09-21 | 6.72% |
Sedalia 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 Sedalia, MO 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.).
Sedalia Average Closing Costs & Other Stats
Sedalia, MO's 68 lenders originated 965
loans during 2022. The total origination value was $151,625,000, with an average loan value of
$157,124.
Sedalia's average closing costs are $3,459.
The top Sedalia lender as defined by loan originations is The Central Trust Bank, with
50 loans originated. Their average total fees are
$2,450, which is $319
lower than the next largest lender,
MOVEMENT MORTGAGE, LLC.
The lowest fee Sedalia lenders (with over 10 loans originated) are
The Central Trust Bank ($2,450), Gateway First Bank ($2,621), MOVEMENT MORTGAGE, LLC ($2,769), FLAT BRANCH MORTGAGE, INC. ($2,925) and GERSHMAN INVESTMENT CORP. ($2,976).
The lowest rate Sedalia lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (4.90%), FLAT BRANCH MORTGAGE, INC. (5.03%), GERSHMAN INVESTMENT CORP. (5.33%), The Central Trust Bank (5.38%) and MOVEMENT MORTGAGE, LLC (5.43%).
Sedalia, MO 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 Central Trust Bank | $940,000 | $18,960,000 | 1,917.0% | 12.5% |
MOVEMENT MORTGAGE, LLC | $16,105,000 | $11,300,000 | -29.8% | 7.5% |
Gateway First Bank | $17,305,000 | $10,100,000 | -41.6% | 6.7% |
GERSHMAN INVESTMENT CORP. | $17,105,000 | $9,740,000 | -43.1% | 6.4% |
QUICKEN LOANS, LLC | $10,635,000 | $7,770,000 | -26.9% | 5.1% |
Simmons Bank | $6,730,000 | $6,405,000 | -4.8% | 4.2% |
Mortgage Research Center, LLC | $5,320,000 | $6,235,000 | 17.2% | 4.1% |
FLAT BRANCH MORTGAGE, INC. | $7,350,000 | $5,585,000 | -24.0% | 3.7% |
Wood & Huston Bank | $7,460,000 | $5,230,000 | -29.9% | 3.4% |
The Callaway Bank | $95,000 | $4,395,000 | 4,526.3% | 2.9% |
U.S. Bank | $10,335,000 | $4,285,000 | -58.5% | 2.8% |
COMMUNITY MORTGAGE, LLC | $3,975,000 | $3,765,000 | -5.3% | 2.5% |
Equity Bank | $2,750,000 | $3,535,000 | 28.5% | 2.3% |
DAS Acquisition Company, LLC | $2,680,000 | $3,415,000 | 27.4% | 2.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,115,000 | $3,320,000 | -19.3% | 2.2% |
BTC BANK | $1,665,000 | $3,105,000 | 86.5% | 2.0% |
Midwest Mortgage Associates Corporation | $265,000 | $2,195,000 | 728.3% | 1.4% |
PENNYMAC LOAN SERVICES, LLC | $2,510,000 | $1,960,000 | -21.9% | 1.3% |
Flagstar Bank, FSB | $3,080,000 | $1,745,000 | -43.3% | 1.2% |
LOANDEPOT.COM, LLC | $2,650,000 | $1,650,000 | -37.7% | 1.1% |
BROKER SOLUTIONS, INC. | $720,000 | $1,585,000 | 120.1% | 1.0% |
GUARANTEED RATE, INC. | $1,445,000 | $1,500,000 | 3.8% | 1.0% |
Exchange Bank of Missouri | $425,000 | $1,290,000 | 203.5% | 0.9% |
UNITED WHOLESALE MORTGAGE, LLC | $1,085,000 | $1,270,000 | 17.1% | 0.8% |
JPMorgan Chase Bank | $540,000 | $1,130,000 | 109.3% | 0.7% |
Mr. Cooper ( Nationstar Mortgage ) | $980,000 | $1,120,000 | 14.3% | 0.7% |
Heritage Community Bank | $1,400,000 | $975,000 | -30.4% | 0.6% |
LAKEVIEW LOAN SERVICING, LLC | $965,000 | $955,000 | -1.0% | 0.6% |
FREEDOM MORTGAGE CORPORATION | $5,570,000 | $910,000 | -83.7% | 0.6% |
The Missouri Bank | $1,675,000 | $895,000 | -46.6% | 0.6% |
Community National Bank & Trust | $505,000 | $890,000 | 76.2% | 0.6% |
Carrington Mortgage Services, LLC | $805,000 | n/a | 0.5% | |
NEWREZ LLC | $1,095,000 | $735,000 | -32.9% | 0.5% |
USAA Federal Savings Bank | $1,260,000 | $735,000 | -41.7% | 0.5% |
CENTRAL MISSOURI COMMUNITY CREDIT UNION | $1,300,000 | $725,000 | -44.2% | 0.5% |
Bell Bank | $710,000 | n/a | 0.5% | |
Arvest Bank | $1,255,000 | $705,000 | -43.8% | 0.5% |
Great Southern Bank | $35,000 | $645,000 | 1,742.9% | 0.4% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,450,000 | $620,000 | -57.2% | 0.4% |
Hawthorn Bank | $1,230,000 | $605,000 | -50.8% | 0.4% |
R-G Federal Credit Union | $585,000 | n/a | 0.4% | |
HOME POINT FINANCIAL CORPORATION | $1,005,000 | $570,000 | -43.3% | 0.4% |
NBH Bank | $570,000 | n/a | 0.4% | |
PLANET HOME LENDING, LLC | $560,000 | n/a | 0.4% | |
Community Mortgage Banc Corporation | $240,000 | $540,000 | 125.0% | 0.4% |
Prosperity Home Mortgage, LLC | $115,000 | $530,000 | 360.9% | 0.3% |
BOKF | $275,000 | $525,000 | 90.9% | 0.3% |
Wells Fargo Bank | $2,450,000 | $500,000 | -79.6% | 0.3% |
NEW DAY FINANCIAL, LLC | $730,000 | $495,000 | -32.2% | 0.3% |
GENEVA FINANCIAL, LLC | $455,000 | n/a | 0.3% | |
LEADERONE FINANCIAL CORPORATION | $320,000 | $440,000 | 37.5% | 0.3% |
Springfield First Community Bank | $405,000 | n/a | 0.3% | |
UNION HOME MORTGAGE CORP. | $140,000 | $400,000 | 185.7% | 0.3% |
GUILD MORTGAGE COMPANY | $1,955,000 | $395,000 | -79.8% | 0.3% |
VILLAGE CAPITAL MORTGAGE | $625,000 | $390,000 | -37.6% | 0.3% |
PNC Bank | $375,000 | n/a | 0.2% | |
CMG MORTGAGE, INC. | $365,000 | n/a | 0.2% | |
EVERETT FINANCIAL, INC. | $330,000 | n/a | 0.2% | |
Magnolia Bank | $115,000 | $315,000 | 173.9% | 0.2% |
FIDELITY BANK | $305,000 | n/a | 0.2% | |
MISSOURI Credit Union | $290,000 | $285,000 | -1.7% | 0.2% |
NBKC BANK | $845,000 | $285,000 | -66.3% | 0.2% |
Nations Lending Corporation | $115,000 | $280,000 | 143.5% | 0.2% |
TOP FLITE FINANCIAL, INC. | $280,000 | n/a | 0.2% | |
North American Savings Bank, F.S.B. | $165,000 | $275,000 | 66.7% | 0.2% |
LOANPAL, LLC | $380,000 | $260,000 | -31.6% | 0.2% |
COMMUNITYAMERICA | $250,000 | n/a | 0.2% | |
Colonial Savings, F.A. | $245,000 | n/a | 0.2% | |
First National Bank of America | $245,000 | n/a | 0.2% | |
HEARTLAND CREDIT UNION | $245,000 | n/a | 0.2% | |
Equity Prime Mortgage LLC | $235,000 | n/a | 0.2% | |
NFM, INC. | $235,000 | n/a | 0.2% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $450,000 | $230,000 | -48.9% | 0.2% |
CALIBER HOME LOANS, INC. | $1,670,000 | $215,000 | -87.1% | 0.1% |
SUMMIT FUNDING, INC. | $215,000 | n/a | 0.1% | |
Members Mortgage Services, L.L.C. | $210,000 | n/a | 0.1% | |
CHURCHILL MORTGAGE CORPORATION | $155,000 | $205,000 | 32.3% | 0.1% |
Northpointe Bank | $205,000 | n/a | 0.1% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $805,000 | $195,000 | -75.8% | 0.1% |
FirstTrust Home Loans, Inc. | $195,000 | n/a | 0.1% | |
The Federal Savings Bank | $245,000 | $185,000 | -24.5% | 0.1% |
River Region Credit Union | $175,000 | n/a | 0.1% | |
ACCESS CAPITAL FUNDING, L.L.C. | $165,000 | n/a | 0.1% | |
Commerce Bank | $120,000 | $165,000 | 37.5% | 0.1% |
PHH Mortgage Corporation | $165,000 | n/a | 0.1% | |
Mid-Continent Funding, Inc. | $155,000 | n/a | 0.1% | |
Regions Bank | $465,000 | $155,000 | -66.7% | 0.1% |
TBK BANK, SSB | $155,000 | n/a | 0.1% | |
Figure Lending LLC | $45,000 | $150,000 | 233.3% | 0.1% |
NAVY FEDERAL CREDIT UNION | $1,045,000 | $150,000 | -85.6% | 0.1% |
ACADEMY MORTGAGE CORPORATION | $545,000 | $145,000 | -73.4% | 0.1% |
BNC National Bank | $420,000 | $145,000 | -65.5% | 0.1% |
Discover Bank | $135,000 | n/a | 0.1% | |
Operating Engineers Local Union #3 | $135,000 | n/a | 0.1% | |
Deere Employees Credit Union | $125,000 | n/a | 0.1% | |
Dieterich Bank | $125,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $125,000 | n/a | 0.1% | |
Ally Bank | $155,000 | $115,000 | -25.8% | 0.1% |
BETTER MORTGAGE CORPORATION | $275,000 | $115,000 | -58.2% | 0.1% |
FINANCE OF AMERICA MORTGAGE LLC | $450,000 | $115,000 | -74.4% | 0.1% |
GNBank | $115,000 | n/a | 0.1% | |
WEST COMMUNITY | $35,000 | $115,000 | 228.6% | 0.1% |
PREMIER MORTGAGE RESOURCES, L.L.C. | $110,000 | n/a | 0.1% | |
ENDEAVOR CAPITAL, LLC. | $105,000 | n/a | 0.1% | |
M&T Bank | $360,000 | $85,000 | -76.4% | 0.1% |
ON Q FINANCIAL, INC. | $85,000 | n/a | 0.1% | |
AMERISAVE MORTGAGE CORPORATION | $95,000 | $75,000 | -21.1% | 0.0% |
Service Federal Credit Union | $75,000 | n/a | 0.0% | |
Capitol Federal Savings Bank | $65,000 | n/a | 0.0% | |
Carrollton Bank | $65,000 | n/a | 0.0% | |
AMERICAN ADVISORS GROUP | $60,000 | n/a | 0.0% | |
First State Community Bank | $225,000 | $55,000 | -75.6% | 0.0% |
Transportation Federal Credit Union | $55,000 | n/a | 0.0% | |
Landmark National Bank | $510,000 | $45,000 | -91.2% | 0.0% |
SIRVA MORTGAGE, INC. | $45,000 | n/a | 0.0% | |
UMB Bank | $45,000 | n/a | 0.0% | |
PENTAGON FEDERAL CREDIT UNION | $500,000 | $35,000 | -93.0% | 0.0% |
COMMERCIAL TRUST COMPANY OF FAYETTE | $185,000 | $25,000 | -86.5% | 0.0% |
Sedalia's top lender by overall market share is The Central Trust Bank, with 12.5% market share. In second place, with 7.5%, is MOVEMENT MORTGAGE, LLC, having originated $11,300,000 in loans. In third place, with 6.7%, is Gateway First Bank, having originated $10,100,000 in loans. In fourth place, with 6.4%, is GERSHMAN INVESTMENT CORP., having originated $9,740,000 in loans. In fifth place, with 5.1%, is QUICKEN LOANS, LLC, having originated $7,770,000 in loans.
Sedalia Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Sedalia (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $97,750 (2.7%) | $146,346 (14.6%) | 0.00 | 162 |
2018-02-01 | $97,100 (-1.7%) | $146,184 (12.8%) | 0.00 | 143 |
2018-03-01 | $99,250 (0.1%) | $149,666 (11.9%) | 0.00 | 131 |
2018-04-01 | $104,750 (2.7%) | $143,084 (4.9%) | 0.00 | 139 |
2018-05-01 | $101,875 (-3.7%) | $138,655 (-4.4%) | 0.00 | 146 |
2018-06-01 | $106,450 (-9.0%) | $157,494 (2.8%) | 0.00 | 165 |
2018-07-01 | $111,250 (-7.3%) | $158,387 (-1.0%) | 0.00 | 174 |
2018-08-01 | $110,000 (-3.1%) | $159,584 (1.4%) | 0.00 | 174 |
2018-09-01 | $110,000 (-9.0%) | $166,453 (2.3%) | 0.00 | 176 |
2018-10-01 | $109,675 (11.4%) | $168,316 (8.3%) | 0.00 | 174 |
2018-11-01 | $111,375 (19.6%) | $172,591 (12.9%) | 0.00 | 172 |
2018-12-01 | $119,000 (18.7%) | $175,768 (12.5%) | 0.00 | 154 |
2019-01-01 | $112,750 (15.4%) | $164,542 (12.4%) | 0.00 | 163 |
2019-02-01 | $125,650 (29.4%) | $164,952 (12.8%) | 0.00 | 165 |
2019-03-01 | $131,121 (32.1%) | $174,131 (16.4%) | 0.00 | 153 |
2019-04-01 | $139,721 (33.4%) | $184,249 (28.8%) | 0.00 | 138 |
2019-05-01 | $141,675 (39.1%) | $187,830 (35.5%) | 0.00 | 128 |
2019-06-01 | $155,000 (45.6%) | $193,888 (23.1%) | 0.00 | 142 |
2019-07-01 | $137,225 (23.4%) | $187,577 (18.4%) | 0.00 | 146 |
2019-08-01 | $135,986 (23.6%) | $187,122 (17.3%) | 0.00 | 169 |
2019-09-01 | $132,591 (20.5%) | $181,953 (9.3%) | 0.00 | 205 |
2019-10-01 | $129,950 (18.5%) | $177,708 (5.6%) | 0.00 | 233 |
2019-11-01 | $136,200 (22.3%) | $177,135 (2.6%) | 0.00 | 158 |
2019-12-01 | $141,850 (19.2%) | $177,489 (1.0%) | 0.00 | 142 |
2020-01-01 | $129,750 (15.1%) | $171,771 (4.4%) | 0.00 | 143 |
2020-02-01 | $127,250 (1.3%) | $169,314 (2.6%) | 0.00 | 138 |
2020-03-01 | $125,000 (-4.7%) | $163,904 (-5.9%) | 0.00 | 138 |
2020-04-01 | $123,425 (-11.7%) | $165,598 (-10.1%) | 0.00 | 139 |
2020-05-01 | $148,950 (5.1%) | $174,203 (-7.3%) | 0.00 | 120 |
2020-06-01 | $176,725 (14.0%) | $194,231 (0.2%) | 0.00 | 105 |
2020-07-01 | $182,100 (32.7%) | $205,687 (9.7%) | 0.00 | 101 |
2020-08-01 | $169,450 (24.6%) | $197,511 (5.6%) | 0.00 | 102 |
2020-09-01 | $144,425 (8.9%) | $180,297 (-0.9%) | 0.00 | 101 |
2020-10-01 | $127,950 (-1.5%) | $164,888 (-7.2%) | 0.00 | 104 |
2020-11-01 | $126,000 (-7.5%) | $160,800 (-9.2%) | 0.00 | 102 |
2020-12-01 | $121,500 (-14.4%) | $155,980 (-12.1%) | 0.00 | 89 |
2021-01-01 | $125,000 (-3.7%) | $175,953 (2.4%) | 0.00 | 63 |
2021-02-01 | $139,000 (9.2%) | $187,342 (10.7%) | 0.00 | 49 |
2021-03-01 | $146,175 (16.9%) | $225,558 (37.6%) | 0.00 | 47 |
2021-04-01 | $145,975 (18.3%) | $214,602 (29.6%) | 0.00 | 43 |
2021-05-01 | $140,000 (-6.0%) | $207,392 (19.1%) | 0.00 | 50 |
2021-06-01 | $144,075 (-18.5%) | $201,897 (4.0%) | 0.00 | 55 |
2021-07-01 | $147,900 (-18.8%) | $189,160 (-8.0%) | 0.00 | 73 |
2021-08-01 | $137,875 (-18.6%) | $172,180 (-12.8%) | 0.00 | 77 |
2021-09-01 | $149,900 (3.8%) | $216,495 (20.1%) | 0.00 | 74 |
2021-10-01 | $161,450 (26.2%) | $236,859 (43.7%) | 0.00 | 73 |
2021-11-01 | $172,450 (36.9%) | $265,960 (65.4%) | 0.00 | 65 |
2021-12-01 | $199,950 (64.6%) | $290,176 (86.0%) | 0.00 | 57 |
2022-01-01 | $145,000 (16.0%) | $253,205 (43.9%) | 0.00 | 52 |
2022-02-01 | $118,700 (-14.6%) | $210,848 (12.6%) | 0.00 | 49 |
2022-03-01 | $129,950 (-11.1%) | $206,181 (-8.6%) | 0.00 | 50 |
2022-04-01 | $145,000 (-0.7%) | $253,268 (18.0%) | 0.00 | 44 |
2022-05-01 | $150,675 (7.6%) | $250,089 (20.6%) | 0.00 | 59 |
2022-06-01 | $158,750 (10.2%) | $253,712 (25.7%) | 0.00 | 67 |
2022-07-01 | $169,150 (14.4%) | $265,097 (40.1%) | 0.00 | 75 |
2022-08-01 | $169,575 (23.0%) | $262,698 (52.6%) | 0.00 | 85 |
2022-09-01 | $174,325 (16.3%) | $266,478 (23.1%) | 0.00 | 81 |
2022-10-01 | $159,900 (-1.0%) | $218,668 (-7.7%) | 0.00 | 79 |
2022-11-01 | $179,950 (4.4%) | $235,939 (-11.3%) | 0.00 | 95 |
2022-12-01 | $179,900 (-10.0%) | $234,810 (-19.1%) | 0.00 | 95 |
2023-01-01 | $190,000 (31.0%) | $243,946 (-3.7%) | 0.00 | 87 |
2023-02-01 | $217,450 (83.2%) | $254,092 (20.5%) | 0.00 | 76 |
2023-03-01 | $228,675 (76.0%) | $261,797 (27.0%) | 0.00 | 66 |
2023-04-01 | $250,000 (72.4%) | $266,677 (5.3%) | 0.00 | 60 |
2023-05-01 | $257,425 (70.9%) | $272,146 (8.8%) | 0.00 | 55 |
2023-06-01 | $246,225 (55.1%) | $280,473 (10.6%) | 0.00 | 60 |
2023-07-01 | $257,450 (52.2%) | $289,845 (9.3%) | 0.00 | 62 |
2023-08-01 | $230,688 (36.0%) | $273,113 (4.0%) | 0.00 | 73 |
Sedalia's median listing price comes in at 0% of the national average.
Sedalia's average listing price for 2023-08-01 was $273,113, a difference of $10,415 (4.0%) versus the prior year and $-16,732 versus the prior month.
For the 2023-08-01 period, Sedalia had 73 MLS listings, a difference of 11 listings (18%) versus the prior month and -12 listings (-14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sedalia (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,462 sqft |
2018-02-01 | 0 days | 1,416 sqft |
2018-03-01 | 0 days | 1,401 sqft |
2018-04-01 | 0 days | 1,459 sqft |
2018-05-01 | 0 days | 1,417 sqft |
2018-06-01 | 0 days | 1,420 sqft |
2018-07-01 | 0 days | 1,494 sqft |
2018-08-01 | 0 days | 1,631 sqft |
2018-09-01 | 0 days | 1,602 sqft |
2018-10-01 | 0 days | 1,592 sqft |
2018-11-01 | 0 days | 1,579 sqft |
2018-12-01 | 0 days | 1,651 sqft |
2019-01-01 | 0 days | 1,591 sqft |
2019-02-01 | 0 days | 1,599 sqft |
2019-03-01 | 0 days | 1,617 sqft |
2019-04-01 | 0 days | 1,618 sqft |
2019-05-01 | 0 days | 1,698 sqft |
2019-06-01 | 0 days | 1,716 sqft |
2019-07-01 | 0 days | 1,688 sqft |
2019-08-01 | 0 days | 1,697 sqft |
2019-09-01 | 0 days | 1,670 sqft |
2019-10-01 | 0 days | 1,648 sqft |
2019-11-01 | 0 days | 1,619 sqft |
2019-12-01 | 0 days | 1,654 sqft |
2020-01-01 | 0 days | 1,542 sqft |
2020-02-01 | 0 days | 1,540 sqft |
2020-03-01 | 0 days | 1,557 sqft |
2020-04-01 | 0 days | 1,570 sqft |
2020-05-01 | 0 days | 1,638 sqft |
2020-06-01 | 0 days | 1,749 sqft |
2020-07-01 | 0 days | 1,829 sqft |
2020-08-01 | 0 days | 1,890 sqft |
2020-09-01 | 0 days | 1,748 sqft |
2020-10-01 | 0 days | 1,600 sqft |
2020-11-01 | 0 days | 1,638 sqft |
2020-12-01 | 0 days | 1,503 sqft |
2021-01-01 | 0 days | 1,743 sqft |
2021-02-01 | 0 days | 1,451 sqft |
2021-03-01 | 0 days | 1,597 sqft |
2021-04-01 | 0 days | 1,706 sqft |
2021-05-01 | 0 days | 1,858 sqft |
2021-06-01 | 0 days | 1,882 sqft |
2021-07-01 | 0 days | 1,623 sqft |
2021-08-01 | 0 days | 1,746 sqft |
2021-09-01 | 0 days | 1,636 sqft |
2021-10-01 | 0 days | 1,577 sqft |
2021-11-01 | 0 days | 1,556 sqft |
2021-12-01 | 0 days | 1,576 sqft |
2022-01-01 | 0 days | 1,444 sqft |
2022-02-01 | 0 days | 1,330 sqft |
2022-03-01 | 0 days | 1,281 sqft |
2022-04-01 | 0 days | 1,312 sqft |
2022-05-01 | 0 days | 1,429 sqft |
2022-06-01 | 0 days | 1,294 sqft |
2022-07-01 | 0 days | 1,368 sqft |
2022-08-01 | 0 days | 1,406 sqft |
2022-09-01 | 0 days | 1,498 sqft |
2022-10-01 | 0 days | 1,380 sqft |
2022-11-01 | 0 days | 1,475 sqft |
2022-12-01 | 0 days | 1,483 sqft |
2023-01-01 | 0 days | 1,534 sqft |
2023-02-01 | 0 days | 1,615 sqft |
2023-03-01 | 0 days | 1,728 sqft |
2023-04-01 | 0 days | 1,745 sqft |
2023-05-01 | 0 days | 1,662 sqft |
2023-06-01 | 0 days | 1,592 sqft |
2023-07-01 | 0 days | 1,747 sqft |
2023-08-01 | 0 days | 1,685 sqft |
Sedalia's median square footage for active listings during the 2023-08-01 period was 1,685 sqft. One year prior, the average listing was 1,406 sqft.
Sedalia, MO Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 558 | $102,820,000 | $184,265 |
Cash Out Refi | 158 | $24,060,000 | $152,278 |
Refi | 122 | $16,850,000 | $138,115 |
Home Improvement | 80 | $4,730,000 | $59,125 |
Other | 47 | $3,165,000 | $67,340 |
Sedalia's most frequently cited loan purpose was Home Purchase, with 558 originations. The 2nd most popular reason was Cash Out Refi, with 158 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 266 | $40,610,000 | $152,669 |
4-5% | 190 | $38,860,000 | $204,526 |
3-4% | 182 | $28,180,000 | $154,835 |
6-7% | 136 | $20,430,000 | $150,221 |
2.5-3% | 64 | $7,270,000 | $113,594 |
7-8% | 62 | $7,100,000 | $114,516 |
<2.5% | 15 | $1,745,000 | $116,333 |
Over 8% | 11 | $695,000 | $63,182 |
During 2022, Sedalia's most frequently originated rate bucket was 5-6%, with 266 originations.
Loan Sizing (Sedalia, MO MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 414 | $58,700,000 | $141,787 |
$100,000 or less | 327 | $18,905,000 | $57,813 |
$200k-400k | 191 | $50,935,000 | $266,675 |
$400k-600k | 23 | $10,555,000 | $458,913 |
$600k-1000k | 6 | $4,640,000 | $773,333 |
$Over $1MM | 4 | $7,890,000 | $1,972,500 |
Sedalia's loan sizing saw the bucket of loans from $100k-200k with 414 originations, totaling $58,700,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 439 | $83,875,000 | $191,059 |
60-80% | 200 | $34,720,000 | $173,600 |
40-60% | 99 | $11,755,000 | $118,737 |
20-40% | 91 | $7,105,000 | $78,077 |
Under 20% | 75 | $2,985,000 | $39,800 |
Over 100% | 20 | $4,230,000 | $211,500 |
Sedalia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 439 originations, totaling $83,875,000 in origination value.