Sikeston Mortgage Rates & Closing Costs

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  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Sikeston averaged 6.95% 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 6.74% and one month ago for the week of 2023-08-17, the average rate was 6.85%.

    Sikeston's average rate one year ago was 5.98%.

    For refis of the same type during the week of 2023-09-21, the average rate was 7.39%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-09-21 7.19%
    Sikeston 30 Year Fixed Rate 2023-09-21 6.95%
    Sikeston 30 Year Fixed Rate Refi 2023-09-21 7.39%
    Sikeston 15 Year Fixed Rate 2023-09-21 6.34%
    Sikeston 15 Year Fixed Rate Refi 2023-09-21 6.44%
    Sikeston 30 Year FHA 2023-09-21 6.67%
    Sikeston 30 Year FHA Refi 2023-09-21 7.24%
    Sikeston 30 Year USDA 2023-09-21 6.5%
    Sikeston 30 Year USDA Refi 2023-09-21 7.22%
    Sikeston 30 Year VA 2023-09-21 7.02%
    Sikeston 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 Sikeston, MO.

    Sikeston 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 Sikeston, 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 Bank of Missouri 27 4.67% $2,556
    First State Community Bank 18 4.80% $2,388
    DAS Acquisition Company, LLC 16 5.30% $3,222
    FLAT BRANCH MORTGAGE, INC. 15 5.51% $2,847
    QUICKEN LOANS, LLC 13 5.10% $4,938
    Wells Fargo Bank 13 4.72% $2,506
    Southern Bank 12 4.95% $1,885
    Flanagan State Bank 11 4.92% $7,558
    U.S. Bank 11 4.85% $2,315
    Truist 10 4.86% $2,412
    Regions Bank 10 5.20% $3,216
    Citizens Bank 8 4.59% $2,953
    UNITED WHOLESALE MORTGAGE, LLC 6 4.39% $4,054
    PLANET HOME LENDING, LLC 4 3.81% $2,262
    Wood & Huston Bank 4 5.72% $2,244
    NAVY FEDERAL CREDIT UNION 4 4.47% $1,619
    Discover Bank 4 5.74% $0
    PNC Bank 3 3.42% $4,104
    FREEDOM MORTGAGE CORPORATION 2 4.87% $5,695
    Farm Credit Mid-America, ACA 2 6.08% $6,333
    Financial Funding Solutions, Inc. 2 5.00% $3,642
    LOANDEPOT.COM, LLC 2 4.13% $7,048
    Mortgage Research Center, LLC 2 6.06% $684
    MOVEMENT MORTGAGE, LLC 2 6.66% $4,622
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.13% $6,519
    Servion, Inc. 2 5.50% $3,414
    ENDEAVOR CAPITAL, LLC. 1 5.25% $6,725
    DELMAR FINANCIAL COMPANY 1 5.63% $2,660
    Carrollton Bank 1 3.63% $2,468
    Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $5,762
    BETTER MORTGAGE CORPORATION 1 6.13% $3,658
    AMERISAVE MORTGAGE CORPORATION 1 5.25% $5,375
    NP, Inc. 1 5.87% $1,608
    Oakstar Bank 1 5.50% $2,750
    PENTAGON FEDERAL CREDIT UNION 1 5.00% $1,504
    Pinnacle Bank 1 5.75% $3,191
    Flagstar Bank, FSB 1 3.36% $2,509
    First Federal Savings Bank 1 4.88% $1,171
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.38% $5,897
    FIRST COMMUNITY 1 4.50% $1,041
    First Bank 1 3.75% $3,958
    ROYAL UNITED MORTGAGE LLC 1 4.25% $6,466
    RUOFF MORTGAGE COMPANY, INC. 1 4.88% $795
    Bell Bank 1 4.63% $3,553
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.63% $2,166
    Stifel Bank and Trust 1 3.75% $2,357
    EVANSVILLE TEACHERS 1 3.00% $2,606
    GENEVA FINANCIAL, LLC 1 7.38% $6,548
    GERSHMAN INVESTMENT CORP. 1 6.13% $2,747
    GUILD MORTGAGE COMPANY 1 5.88% $3,051
    HOME POINT FINANCIAL CORPORATION 1 3.75% $3,202
    HOMESTAR FINANCIAL CORPORATION 1 5.75% $2,384

    Sikeston Average Closing Costs & Other Stats

    Sikeston, MO's 52 lenders originated 807 loans during 2022. The total origination value was $116,465,000, with an average loan value of $144,318.

    Sikeston's average closing costs are $3,778.

    The top Sikeston lender as defined by loan originations is The Bank of Missouri, with 27 loans originated. Their average total fees are $2,556, which is $168 higher than the next largest lender, First State Community Bank.

    The lowest fee Sikeston lenders (with over 10 loans originated) are Southern Bank ($1,885), U.S. Bank ($2,315), First State Community Bank ($2,388), Truist ($2,412) and Wells Fargo Bank ($2,506).

    The lowest rate Sikeston lenders (with over 10 loans originated) are The Bank of Missouri (4.67%), Wells Fargo Bank (4.72%), First State Community Bank (4.80%), U.S. Bank (4.85%) and Truist (4.86%).

    Sikeston, 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
    First State Community Bank $7,900,000 $11,885,000 50.4% 10.2%
    Alliance Bank $18,555,000 $9,800,000 -47.2% 8.4%
    Flanagan State Bank $6,260,000 $6,515,000 4.1% 5.6%
    The Bank of Missouri $8,415,000 $6,435,000 -23.5% 5.5%
    First Midwest Bank of Dexter $7,410,000 $6,120,000 -17.4% 5.3%
    FLAT BRANCH MORTGAGE, INC. $7,350,000 $5,915,000 -19.5% 5.1%
    DAS Acquisition Company, LLC $4,760,000 $5,340,000 12.2% 4.6%
    Montgomery Bank $5,650,000 $4,730,000 -16.3% 4.1%
    QUICKEN LOANS, LLC $10,895,000 $4,095,000 -62.4% 3.5%
    Southern Bank $4,955,000 $3,570,000 -28.0% 3.1%
    Mortgage Research Center, LLC $1,960,000 $3,355,000 71.2% 2.9%
    Focus Bank $2,530,000 $2,980,000 17.8% 2.6%
    Regions Bank $4,215,000 $2,895,000 -31.3% 2.5%
    U.S. Bank $6,080,000 $2,775,000 -54.4% 2.4%
    Citizens Bank $4,205,000 $2,220,000 -47.2% 1.9%
    Truist $305,000 $2,140,000 601.6% 1.8%
    Wells Fargo Bank $5,220,000 $2,110,000 -59.6% 1.8%
    LOANDEPOT.COM, LLC $1,915,000 $1,940,000 1.3% 1.7%
    MOVEMENT MORTGAGE, LLC $1,320,000 $1,625,000 23.1% 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $2,725,000 $1,625,000 -40.4% 1.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,470,000 $1,595,000 8.5% 1.4%
    GUILD MORTGAGE COMPANY $2,000,000 $1,270,000 -36.5% 1.1%
    Magnolia Bank $635,000 $1,180,000 85.8% 1.0%
    PLANET HOME LENDING, LLC $1,140,000 $1,120,000 -1.8% 1.0%
    Wood & Huston Bank $1,720,000 $1,090,000 -36.6% 0.9%
    Financial Funding Solutions, Inc. $875,000 n/a 0.8%
    First Bank $865,000 n/a 0.7%
    PNC Bank $840,000 n/a 0.7%
    Flagstar Bank, FSB $725,000 $760,000 4.8% 0.7%
    21ST MORTGAGE CORPORATION $370,000 $740,000 100.0% 0.6%
    FIRST COMMUNITY MORTGAGE, INC. $1,130,000 $730,000 -35.4% 0.6%
    HOME POINT FINANCIAL CORPORATION $955,000 $720,000 -24.6% 0.6%
    GERSHMAN INVESTMENT CORP. $1,465,000 $695,000 -52.6% 0.6%
    PENNYMAC LOAN SERVICES, LLC $1,390,000 $640,000 -54.0% 0.5%
    Farm Credit Mid-America, ACA $580,000 n/a 0.5%
    FREEDOM MORTGAGE CORPORATION $2,320,000 $565,000 -75.6% 0.5%
    Dieterich Bank $115,000 $550,000 378.3% 0.5%
    Commerce Bank $895,000 $495,000 -44.7% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $280,000 $495,000 76.8% 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $135,000 $485,000 259.3% 0.4%
    NAVY FEDERAL CREDIT UNION $635,000 $485,000 -23.6% 0.4%
    USAA Federal Savings Bank $420,000 $485,000 15.5% 0.4%
    DELMAR FINANCIAL COMPANY $1,020,000 $480,000 -52.9% 0.4%
    Servion, Inc. $465,000 n/a 0.4%
    Discover Bank $430,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $460,000 $425,000 -7.6% 0.4%
    NP, Inc. $145,000 $410,000 182.8% 0.4%
    SCOTT CREDIT UNION $410,000 n/a 0.4%
    Bell Bank $405,000 n/a 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,060,000 $400,000 -62.3% 0.3%
    GENEVA FINANCIAL, LLC $340,000 n/a 0.3%
    Stifel Bank and Trust $315,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $560,000 $285,000 -49.1% 0.2%
    ENDEAVOR CAPITAL, LLC. $250,000 $275,000 10.0% 0.2%
    CALIBER HOME LOANS, INC. $1,260,000 $270,000 -78.6% 0.2%
    EVANSVILLE TEACHERS $250,000 n/a 0.2%
    Mid-Continent Funding, Inc. $105,000 $245,000 133.3% 0.2%
    EVERETT FINANCIAL, INC. $240,000 n/a 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $235,000 n/a 0.2%
    JPMorgan Chase Bank $905,000 $205,000 -77.3% 0.2%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $195,000 n/a 0.2%
    Carrington Mortgage Services, LLC $105,000 $190,000 81.0% 0.2%
    Banterra Bank $445,000 $185,000 -58.4% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $355,000 $185,000 -47.9% 0.2%
    Paramount Residential Mortgage Group, Inc. $175,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $420,000 $170,000 -59.5% 0.1%
    Carrollton Bank $165,000 n/a 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $165,000 n/a 0.1%
    LOANPAL, LLC $85,000 $155,000 82.4% 0.1%
    RUOFF MORTGAGE COMPANY, INC. $85,000 $145,000 70.6% 0.1%
    BETTER MORTGAGE CORPORATION $300,000 $135,000 -55.0% 0.1%
    Community Mortgage Banc Corporation $135,000 n/a 0.1%
    Nations Lending Corporation $105,000 $135,000 28.6% 0.1%
    AMERICAN FINANCING CORPORATION $65,000 $125,000 92.3% 0.1%
    Enterprise Bank & Trust $125,000 n/a 0.1%
    FIRST COMMUNITY $125,000 n/a 0.1%
    First Federal Savings Bank $125,000 n/a 0.1%
    HOMESTAR FINANCIAL CORPORATION $125,000 n/a 0.1%
    JLB CORPORATION $125,000 n/a 0.1%
    Oakstar Bank $125,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $205,000 $115,000 -43.9% 0.1%
    TOP FLITE FINANCIAL, INC. $115,000 n/a 0.1%
    Deere Employees Credit Union $35,000 $105,000 200.0% 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $95,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $110,000 $85,000 -22.7% 0.1%
    Great Southern Bank $95,000 $85,000 -10.5% 0.1%
    NEWREZ LLC $290,000 $85,000 -70.7% 0.1%
    Transportation Federal Credit Union $85,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $85,000 n/a 0.1%
    GUARANTEED RATE, INC. $415,000 $75,000 -81.9% 0.1%
    PENTAGON FEDERAL CREDIT UNION $75,000 n/a 0.1%
    First Guaranty Mortgage Corporation $1,690,000 $55,000 -96.7% 0.0%
    Pinnacle Bank $55,000 n/a 0.0%
    FCB Banks $45,000 n/a 0.0%
    TRIAD FINANCIAL SERVICES, INC. $255,000 $45,000 -82.4% 0.0%

    Sikeston's top lender by overall market share is First State Community Bank, with 10.2% market share. In second place, with 8.4%, is Alliance Bank, having originated $9,800,000 in loans. In third place, with 5.6%, is Flanagan State Bank, having originated $6,515,000 in loans. In fourth place, with 5.5%, is The Bank of Missouri, having originated $6,435,000 in loans. In fifth place, with 5.3%, is First Midwest Bank of Dexter, having originated $6,120,000 in loans.

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

    Realtor.com - Sikeston (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 $128,450 (27.0%) $146,222 (21.1%) 0.00 68
    2018-02-01 $129,900 (28.0%) $147,000 (24.0%) 0.00 68
    2018-03-01 $129,900 (22.6%) $134,594 (9.9%) 0.00 66
    2018-04-01 $129,900 (13.1%) $136,192 (3.4%) 0.00 74
    2018-05-01 $123,250 (7.3%) $142,091 (2.7%) 0.00 73
    2018-06-01 $119,900 (7.3%) $137,459 (0.6%) 0.00 72
    2018-07-01 $112,925 (0.8%) $134,214 (3.1%) 0.00 80
    2018-08-01 $120,325 (3.6%) $138,356 (2.4%) 0.00 73
    2018-09-01 $123,700 (-1.0%) $138,595 (-2.3%) 0.00 84
    2018-10-01 $129,675 (10.5%) $141,256 (-0.3%) 0.00 84
    2018-11-01 $126,750 (3.5%) $140,223 (-1.5%) 0.00 79
    2018-12-01 $124,000 (-2.0%) $143,739 (-1.9%) 0.00 77
    2019-01-01 $124,225 (-3.3%) $150,617 (3.0%) 0.00 74
    2019-02-01 $127,450 (-1.9%) $155,393 (5.7%) 0.00 76
    2019-03-01 $138,021 (6.3%) $158,135 (17.5%) 0.00 81
    2019-04-01 $138,271 (6.4%) $152,660 (12.1%) 0.00 87
    2019-05-01 $136,225 (10.5%) $156,675 (10.3%) 0.00 87
    2019-06-01 $142,400 (18.8%) $168,492 (22.6%) 0.00 89
    2019-07-01 $144,075 (27.6%) $173,224 (29.1%) 0.00 95
    2019-08-01 $142,336 (18.3%) $167,590 (21.1%) 0.00 112
    2019-09-01 $135,341 (9.4%) $157,843 (13.9%) 0.00 140
    2019-10-01 $129,900 (0.2%) $153,531 (8.7%) 0.00 170
    2019-11-01 $124,900 (-1.5%) $153,897 (9.8%) 0.00 177
    2019-12-01 $129,000 (4.0%) $156,978 (9.2%) 0.00 169
    2020-01-01 $125,450 (1.0%) $154,108 (2.3%) 0.00 161
    2020-02-01 $129,450 (1.6%) $156,893 (1.0%) 0.00 159
    2020-03-01 $125,000 (-9.4%) $152,819 (-3.4%) 0.00 160
    2020-04-01 $124,700 (-9.8%) $152,140 (-0.3%) 0.00 152
    2020-05-01 $124,500 (-8.6%) $150,508 (-3.9%) 0.00 139
    2020-06-01 $129,900 (-8.8%) $151,716 (-10.0%) 0.00 137
    2020-07-01 $134,450 (-6.7%) $152,834 (-11.8%) 0.00 120
    2020-08-01 $142,500 (0.1%) $162,160 (-3.2%) 0.00 95
    2020-09-01 $138,000 (2.0%) $156,693 (-0.7%) 0.00 87
    2020-10-01 $138,000 (6.2%) $161,601 (5.3%) 0.00 83
    2020-11-01 $140,000 (12.1%) $161,674 (5.1%) 0.00 93
    2020-12-01 $139,125 (7.9%) $158,638 (1.1%) 0.00 90
    2021-01-01 $139,000 (10.8%) $154,544 (0.3%) 0.00 84
    2021-02-01 $129,925 (0.4%) $153,399 (-2.2%) 0.00 72
    2021-03-01 $124,226 (-0.6%) $148,038 (-3.1%) 0.00 66
    2021-04-01 $123,338 (-1.1%) $149,282 (-1.9%) 0.00 68
    2021-05-01 $135,450 (8.8%) $152,685 (1.5%) 0.00 66
    2021-06-01 $139,900 (7.7%) $159,822 (5.3%) 0.00 65
    2021-07-01 $149,900 (11.5%) $168,972 (10.6%) 0.00 66
    2021-08-01 $149,925 (5.2%) $177,219 (9.3%) 0.00 64
    2021-09-01 $147,450 (6.9%) $171,046 (9.2%) 0.00 77
    2021-10-01 $144,900 (5.0%) $166,620 (3.1%) 0.00 80
    2021-11-01 $139,900 (-0.1%) $159,569 (-1.3%) 0.00 74
    2021-12-01 $135,400 (-2.7%) $160,955 (1.5%) 0.00 72
    2022-01-01 $149,700 (7.7%) $172,479 (11.6%) 0.00 65
    2022-02-01 $149,900 (15.4%) $188,781 (23.1%) 0.00 64
    2022-03-01 $157,450 (26.7%) $207,456 (40.1%) 0.00 70
    2022-04-01 $150,000 (21.6%) $185,763 (24.4%) 0.00 76
    2022-05-01 $145,000 (7.1%) $176,617 (15.7%) 0.00 76
    2022-06-01 $138,175 (-1.2%) $169,373 (6.0%) 0.00 71
    2022-07-01 $144,900 (-3.3%) $184,160 (9.0%) 0.00 73
    2022-08-01 $123,500 (-17.6%) $168,543 (-4.9%) 0.00 108
    2022-09-01 $117,400 (-20.4%) $174,562 (2.1%) 0.00 115
    2022-10-01 $119,900 (-17.3%) $179,615 (7.8%) 0.00 110
    2022-11-01 $104,925 (-25.0%) $179,801 (12.7%) 0.00 113
    2022-12-01 $99,450 (-26.6%) $172,360 (7.1%) 0.00 127
    2023-01-01 $123,100 (-17.8%) $174,671 (1.3%) 0.00 94
    2023-02-01 $129,450 (-13.6%) $178,845 (-5.3%) 0.00 83
    2023-03-01 $148,500 (-5.7%) $186,507 (-10.1%) 0.00 88
    2023-04-01 $149,900 (-0.1%) $194,089 (4.5%) 0.00 85
    2023-05-01 $159,900 (10.3%) $203,015 (15.0%) 0.00 90
    2023-06-01 $159,900 (15.7%) $202,311 (19.5%) 0.00 89
    2023-07-01 $164,900 (13.8%) $204,804 (11.2%) 0.00 91
    2023-08-01 $161,575 (30.8%) $199,251 (18.2%) 0.00 99
    Sikeston's median listing price for 2023-08-01 was $161,575, a difference of $38,075 (30.8%) versus the prior year and $-3,325 versus the prior month.

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

    Sikeston's average listing price for 2023-08-01 was $199,251, a difference of $30,708 (18.2%) versus the prior year and $-5,553 versus the prior month.

    For the 2023-08-01 period, Sikeston had 99 MLS listings, a difference of 8 listings (9%) versus the prior month and -9 listings (-8%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sikeston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,477 sqft
    2018-02-01 0 days 1,477 sqft
    2018-03-01 0 days 1,443 sqft
    2018-04-01 0 days 1,545 sqft
    2018-05-01 0 days 1,498 sqft
    2018-06-01 0 days 1,466 sqft
    2018-07-01 0 days 1,466 sqft
    2018-08-01 0 days 1,544 sqft
    2018-09-01 0 days 1,536 sqft
    2018-10-01 0 days 1,544 sqft
    2018-11-01 0 days 1,549 sqft
    2018-12-01 0 days 1,542 sqft
    2019-01-01 0 days 1,565 sqft
    2019-02-01 0 days 1,574 sqft
    2019-03-01 0 days 1,653 sqft
    2019-04-01 0 days 1,667 sqft
    2019-05-01 0 days 1,655 sqft
    2019-06-01 0 days 1,720 sqft
    2019-07-01 0 days 1,612 sqft
    2019-08-01 0 days 1,633 sqft
    2019-09-01 0 days 1,679 sqft
    2019-10-01 0 days 1,742 sqft
    2019-11-01 0 days 1,724 sqft
    2019-12-01 0 days 1,700 sqft
    2020-01-01 0 days 1,704 sqft
    2020-02-01 0 days 1,752 sqft
    2020-03-01 0 days 1,730 sqft
    2020-04-01 0 days 1,736 sqft
    2020-05-01 0 days 1,713 sqft
    2020-06-01 0 days 1,721 sqft
    2020-07-01 0 days 1,747 sqft
    2020-08-01 0 days 1,778 sqft
    2020-09-01 0 days 1,722 sqft
    2020-10-01 0 days 1,604 sqft
    2020-11-01 0 days 1,615 sqft
    2020-12-01 0 days 1,555 sqft
    2021-01-01 0 days 1,548 sqft
    2021-02-01 0 days 1,523 sqft
    2021-03-01 0 days 1,609 sqft
    2021-04-01 0 days 1,554 sqft
    2021-05-01 0 days 1,554 sqft
    2021-06-01 0 days 1,619 sqft
    2021-07-01 0 days 1,652 sqft
    2021-08-01 0 days 1,652 sqft
    2021-09-01 0 days 1,626 sqft
    2021-10-01 0 days 1,600 sqft
    2021-11-01 0 days 1,551 sqft
    2021-12-01 0 days 1,507 sqft
    2022-01-01 0 days 1,668 sqft
    2022-02-01 0 days 1,660 sqft
    2022-03-01 0 days 1,655 sqft
    2022-04-01 0 days 1,581 sqft
    2022-05-01 0 days 1,628 sqft
    2022-06-01 0 days 1,440 sqft
    2022-07-01 0 days 1,534 sqft
    2022-08-01 0 days 1,399 sqft
    2022-09-01 0 days 1,399 sqft
    2022-10-01 0 days 1,400 sqft
    2022-11-01 0 days 1,315 sqft
    2022-12-01 0 days 1,295 sqft
    2023-01-01 0 days 1,323 sqft
    2023-02-01 0 days 1,291 sqft
    2023-03-01 0 days 1,289 sqft
    2023-04-01 0 days 1,400 sqft
    2023-05-01 0 days 1,484 sqft
    2023-06-01 0 days 1,484 sqft
    2023-07-01 0 days 1,534 sqft
    2023-08-01 0 days 1,445 sqft
    Sikeston's median listing age (time on market) for 2023-08-01 was 0 days.

    Sikeston's median square footage for active listings during the 2023-08-01 period was 1,445 sqft. One year prior, the average listing was 1,399 sqft.

    Sikeston, MO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 488 $73,510,000 $150,635
    Refi 132 $23,880,000 $180,909
    Cash Out Refi 85 $12,585,000 $148,059
    Home Improvement 56 $3,650,000 $65,179
    Other 46 $2,840,000 $61,739

    Sikeston's most frequently cited loan purpose was Home Purchase, with 488 originations. The 2nd most popular reason was Refi, with 132 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 187 $25,565,000 $136,711
    4-5% 139 $24,045,000 $172,986
    3-4% 136 $21,870,000 $160,809
    6-7% 71 $9,645,000 $135,845
    7-8% 34 $4,120,000 $121,176
    2.5-3% 33 $4,445,000 $134,697
    Over 8% 12 $750,000 $62,500
    <2.5% 7 $975,000 $139,286

    During 2022, Sikeston's most frequently originated rate bucket was 5-6%, with 187 originations.

    Loan Sizing (Sikeston, MO MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 363 $50,565,000 $139,298
    $100,000 or less 301 $18,935,000 $62,907
    $200k-400k 125 $32,725,000 $261,800
    $400k-600k 15 $6,935,000 $462,333
    $600k-1000k 2 $1,480,000 $740,000
    $Over $1MM 1 $5,825,000 $5,825,000

    Sikeston's loan sizing saw the bucket of loans from $100k-200k with 363 originations, totaling $50,565,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 333 $48,025,000 $144,219
    60-80% 156 $25,130,000 $161,090
    40-60% 61 $13,225,000 $216,803
    20-40% 33 $2,745,000 $83,182
    Under 20% 28 $880,000 $31,429
    Over 100% 6 $1,210,000 $201,667

    Sikeston's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 333 originations, totaling $48,025,000 in origination value.