Sedalia 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 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%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sedalia, MO.

    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.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    The Central Trust Bank 50 5.38% $2,450
    MOVEMENT MORTGAGE, LLC 34 5.43% $2,769
    GERSHMAN INVESTMENT CORP. 33 5.33% $2,976
    QUICKEN LOANS, LLC 19 4.90% $5,375
    FLAT BRANCH MORTGAGE, INC. 12 5.03% $2,925
    Gateway First Bank 10 5.85% $2,621
    U.S. Bank 9 4.97% $2,185
    DAS Acquisition Company, LLC 8 5.13% $3,221
    COMMUNITY MORTGAGE, LLC 8 5.52% $2,529
    Wood & Huston Bank 8 5.28% $1,900
    GUARANTEED RATE, INC. 7 5.15% $3,045
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 4.60% $1,877
    Wells Fargo Bank 4 4.25% $2,898
    Midwest Mortgage Associates Corporation 4 5.16% $3,355
    Community National Bank & Trust 4 5.09% $1,003
    CENTRAL MISSOURI COMMUNITY CREDIT UNION 4 4.75% $2,608
    R-G Federal Credit Union 3 6.82% $3,489
    NEWREZ LLC 3 4.42% $4,762
    Flagstar Bank, FSB 3 4.08% $1,900
    Arvest Bank 3 5.08% $2,571
    Simmons Bank 3 5.46% $2,590
    Hawthorn Bank 3 5.00% $2,388
    JPMorgan Chase Bank 3 4.17% $2,986
    Nations Lending Corporation 2 4.81% $7,197
    BROKER SOLUTIONS, INC. 2 5.00% $5,785
    Equity Bank 2 4.31% $5,549
    LOANDEPOT.COM, LLC 2 5.81% $5,062
    UNION HOME MORTGAGE CORP. 2 6.13% $4,143
    BOKF 2 5.50% $2,593
    CALIBER HOME LOANS, INC. 2 6.31% $3,911
    NBH Bank 2 4.81% $2,813
    EVERETT FINANCIAL, INC. 2 5.56% $1,327
    PNC Bank 2 5.00% $2,233
    Carrington Mortgage Services, LLC 2 5.50% $4,325
    COMMUNITYAMERICA 2 5.13% $2,075
    SIRVA MORTGAGE, INC. 1 5.50% $36
    Bell Bank 1 5.49% $3,140
    BETTER MORTGAGE CORPORATION 1 3.88% $3,443
    Carrollton Bank 1 6.38% $1,842
    CHURCHILL MORTGAGE CORPORATION 1 3.75% $2,667
    Community Mortgage Banc Corporation 1 6.60% $1,400
    Dieterich Bank 1 5.25% $1,735
    Discover Bank 1 5.49% $0
    ENDEAVOR CAPITAL, LLC. 1 7.13% $4,548
    FINANCE OF AMERICA MORTGAGE LLC 1 6.13% $3,020
    First National Bank of America 1 6.75% $10,441
    GENEVA FINANCIAL, LLC 1 4.38% $4,609
    Great Southern Bank 1 3.75% $2,062
    GUILD MORTGAGE COMPANY 1 6.88% $8,790
    HEARTLAND CREDIT UNION 1 3.63% $1,810
    LAKEVIEW LOAN SERVICING, LLC 1 4.75% $6,116
    LEADERONE FINANCIAL CORPORATION 1 4.99% $6,968
    MISSOURI Credit Union 1 4.13% $1,836
    Mortgage Research Center, LLC 1 5.63% $655
    M&T Bank 1 3.63% $4,025
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $2,801
    NAVY FEDERAL CREDIT UNION 1 8.75% $2,318
    NBKC BANK 1 6.25% $1,968
    NFM, INC. 1 5.38% $7,223
    Northpointe Bank 1 3.49% $3,575
    ON Q FINANCIAL, INC. 1 3.88% $2,728
    Operating Engineers Local Union #3 1 5.00% $2,922
    PHH Mortgage Corporation 1 3.50% $6,367
    PLANET HOME LENDING, LLC 1 3.00% $2,535
    Ally Bank 1 5.75% $1,105
    SUMMIT FUNDING, INC. 1 3.75% $9,774
    UNITED WHOLESALE MORTGAGE, LLC 1 5.38% $2,999
    WEST COMMUNITY 1 3.25% $2,300

    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. Louis
    Date 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 for 2023-08-01 was $230,688, a difference of $61,113 (36.0%) versus the prior year and $-26,762 versus the prior month.

    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. Louis
    Date 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 listing age (time on market) for 2023-08-01 was 0 days.

    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.