Sikeston Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Sikeston averaged
7.04%
for the week of 2025-02-13, compared to the national average of
6.87% for the same period.
The average rate for the prior week (2025-02-06) was
6.86% and
one month ago for the week of 2025-01-09, the
average rate was 6.9%.
Sikeston's average rate one year ago was 6.61%.
For refis of the same type during the week of 2025-02-13, the average rate
was 7.47%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2025-02-13 | 6.87% |
Sikeston 30 Year Fixed Rate | 2025-02-13 | 7.04% |
Sikeston 30 Year Fixed Rate Refi | 2025-02-13 | 7.47% |
Sikeston 15 Year Fixed Rate | 2025-02-13 | 5.99% |
Sikeston 15 Year Fixed Rate Refi | 2025-02-13 | 6.49% |
Sikeston 30 Year FHA | 2025-02-13 | 6.44% |
Sikeston 30 Year FHA Refi | 2025-02-13 | 6.62% |
Sikeston 30 Year USDA | 2025-02-13 | 6.53% |
Sikeston 30 Year USDA Refi | 2025-02-13 | 6.43% |
Sikeston 30 Year VA | 2025-02-13 | 6.43% |
Sikeston 30 Year VA Refi | 2025-02-13 | 6.43% |
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.).
Sikeston Average Closing Costs & Other Stats
Sikeston, MO's 33 lenders originated 574
loans during 2023. The total origination value was $75,710,000, with an average loan value of
$131,899.
Sikeston's average closing costs are $3,893.
The top Sikeston lender as defined by loan originations is DAS Acquisition Company, LLC, with
17 loans originated. Their average total fees are
$3,495, which is $898
higher than the next largest lender,
First State Community Bank.
The lowest fee Sikeston lenders (with over 10 loans originated) are
The Bank of Missouri ($2,522), First State Community Bank ($2,597), FLAT BRANCH MORTGAGE, INC. ($3,185), DAS Acquisition Company, LLC ($3,495) and .
The lowest rate Sikeston lenders (with over 10 loans originated) are
The Bank of Missouri (6.55%), DAS Acquisition Company, LLC (6.77%), FLAT BRANCH MORTGAGE, INC. (6.86%), First State Community Bank (7.01%) and .
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
DAS Acquisition Company, LLC | $5,340,000 | $9,180,000 | 71.9% | 12.1% |
Alliance Bank | $9,800,000 | $5,610,000 | -42.8% | 7.4% |
First State Community Bank | $11,885,000 | $5,525,000 | -53.5% | 7.3% |
Southern Bank | $3,570,000 | $5,145,000 | 44.1% | 6.8% |
The Bank of Missouri | $6,435,000 | $4,305,000 | -33.1% | 5.7% |
Montgomery Bank | $4,730,000 | $4,165,000 | -11.9% | 5.5% |
Mortgage Research Center, LLC | $3,355,000 | $4,080,000 | 21.6% | 5.4% |
FLAT BRANCH MORTGAGE, INC. | $5,915,000 | $4,070,000 | -31.2% | 5.4% |
Flanagan State Bank | $6,515,000 | $3,980,000 | -38.9% | 5.3% |
QUICKEN LOANS, LLC | $4,095,000 | $2,855,000 | -30.3% | 3.8% |
First Midwest Bank of Dexter | $6,120,000 | $2,465,000 | -59.7% | 3.3% |
Gateway First Bank | $1,940,000 | n/a | 2.6% | |
U.S. Bank | $2,775,000 | $1,675,000 | -39.6% | 2.2% |
Focus Bank | $2,980,000 | $1,650,000 | -44.6% | 2.2% |
Truist | $2,140,000 | $1,260,000 | -41.1% | 1.7% |
Regions Bank | $2,895,000 | $950,000 | -67.2% | 1.3% |
PLANET HOME LENDING, LLC | $1,120,000 | $760,000 | -32.1% | 1.0% |
Arvest Bank | $755,000 | n/a | 1.0% | |
GERSHMAN INVESTMENT CORP. | $695,000 | $705,000 | 1.4% | 0.9% |
Citizens Bank | $2,220,000 | $555,000 | -75.0% | 0.7% |
Commerce Bank | $495,000 | $525,000 | 6.1% | 0.7% |
SUCCESS MORTGAGE PARTNERS, INC. | $520,000 | n/a | 0.7% | |
MOVEMENT MORTGAGE, LLC | $1,625,000 | $500,000 | -69.2% | 0.7% |
PREMIA MORTGAGE, LLC | $495,000 | n/a | 0.7% | |
TOP FLITE FINANCIAL, INC. | $115,000 | $455,000 | 295.7% | 0.6% |
PENTAGON FEDERAL CREDIT UNION | $75,000 | $440,000 | 486.7% | 0.6% |
PENNYMAC LOAN SERVICES, LLC | $640,000 | $415,000 | -35.2% | 0.5% |
FIRST COMMUNITY MORTGAGE, INC. | $730,000 | $405,000 | -44.5% | 0.5% |
21ST MORTGAGE CORPORATION | $740,000 | $395,000 | -46.6% | 0.5% |
GUILD MORTGAGE COMPANY | $1,270,000 | $395,000 | -68.9% | 0.5% |
Magnolia Bank | $1,180,000 | $355,000 | -69.9% | 0.5% |
LAKEVIEW LOAN SERVICING, LLC | $185,000 | $350,000 | 89.2% | 0.5% |
NAVY FEDERAL CREDIT UNION | $485,000 | $330,000 | -32.0% | 0.4% |
LOANDEPOT.COM, LLC | $1,940,000 | $310,000 | -84.0% | 0.4% |
Mr. Cooper ( Nationstar Mortgage ) | $495,000 | $300,000 | -39.4% | 0.4% |
CARDINAL FINANCIAL | $400,000 | $290,000 | -27.5% | 0.4% |
NEWREZ LLC | $85,000 | $290,000 | 241.2% | 0.4% |
ZILLOW HOME LOANS, LLC | $290,000 | n/a | 0.4% | |
Peoples Community Bank | $285,000 | n/a | 0.4% | |
USAA Federal Savings Bank | $485,000 | $280,000 | -42.3% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $425,000 | $265,000 | -37.6% | 0.4% |
DELMAR FINANCIAL COMPANY | $480,000 | $260,000 | -45.8% | 0.3% |
Carrington Mortgage Services, LLC | $190,000 | $230,000 | 21.1% | 0.3% |
SOUTHWEST STAGE FUNDING, LLC | $230,000 | n/a | 0.3% | |
Wells Fargo Bank | $2,110,000 | $230,000 | -89.1% | 0.3% |
Flagstar Bank, FSB | $760,000 | $210,000 | -72.4% | 0.3% |
UNITED WHOLESALE MORTGAGE, LLC | $1,625,000 | $200,000 | -87.7% | 0.3% |
Citizens National Bank of Greater St. Louis | $175,000 | n/a | 0.2% | |
Wood & Huston Bank | $1,090,000 | $160,000 | -85.3% | 0.2% |
GENEVA FINANCIAL, LLC | $340,000 | $155,000 | -54.4% | 0.2% |
Bank of England | $145,000 | n/a | 0.2% | |
Citadel Servicing Corporation | $145,000 | n/a | 0.2% | |
ENDEAVOR CAPITAL, LLC. | $275,000 | $145,000 | -47.3% | 0.2% |
NATIONWIDE MORTGAGE BANKERS, INC. | $145,000 | n/a | 0.2% | |
PHH Mortgage Corporation | $145,000 | n/a | 0.2% | |
TOWNE MORTGAGE COMPANY | $145,000 | n/a | 0.2% | |
First Western Federal Savings Bank | $140,000 | n/a | 0.2% | |
RUOFF MORTGAGE COMPANY, INC. | $145,000 | $140,000 | -3.4% | 0.2% |
TRIAD FINANCIAL SERVICES, INC. | $45,000 | $140,000 | 211.1% | 0.2% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,595,000 | $135,000 | -91.5% | 0.2% |
Midwest Mortgage Associates Corporation | $135,000 | n/a | 0.2% | |
NEW DAY FINANCIAL, LLC | $285,000 | $125,000 | -56.1% | 0.2% |
Sterling Bank | $120,000 | n/a | 0.2% | |
Banterra Bank | $185,000 | $110,000 | -40.5% | 0.1% |
GUARANTY HOME MORTGAGE CORPORATION | $95,000 | n/a | 0.1% | |
MRV Banks | $95,000 | n/a | 0.1% | |
NP, Inc. | $410,000 | $95,000 | -76.8% | 0.1% |
Bank of America | $90,000 | n/a | 0.1% | |
BMO Harris Bank | $85,000 | n/a | 0.1% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $85,000 | n/a | 0.1% | |
The Paducah Bank and Trust Company | $85,000 | n/a | 0.1% | |
FREEDOM MORTGAGE CORPORATION | $565,000 | $75,000 | -86.7% | 0.1% |
ROYAL UNITED MORTGAGE LLC | $170,000 | $65,000 | -61.8% | 0.1% |
STAR USA FEDERAL CREDIT UNION | $55,000 | n/a | 0.1% | |
Financial Funding Solutions, Inc. | $875,000 | $45,000 | -94.9% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $25,000 | n/a | 0.0% |
Sikeston's top lender by overall market share is DAS Acquisition Company, LLC, with 12.1% market share. In second place, with 7.4%, is Alliance Bank, having originated $5,610,000 in loans. In third place, with 7.3%, is First State Community Bank, having originated $5,525,000 in loans. In fourth place, with 6.8%, is Southern Bank, having originated $5,145,000 in loans. In fifth place, with 5.7%, is The Bank of Missouri, having originated $4,305,000 in loans.
Sikeston Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Sikeston (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 | $125,425 (25.6%) | $143,472 (21.9%) | 0.00 | 71 |
2018-02-01 | $122,975 (23.7%) | $140,691 (21.3%) | 0.00 | 73 |
2018-03-01 | $124,900 (26.6%) | $126,232 (6.7%) | 0.00 | 71 |
2018-04-01 | $126,250 (14.9%) | $132,201 (2.1%) | 0.00 | 78 |
2018-05-01 | $122,500 (10.2%) | $139,311 (2.3%) | 0.00 | 76 |
2018-06-01 | $119,900 (9.6%) | $135,528 (2.3%) | 0.00 | 76 |
2018-07-01 | $110,350 (2.7%) | $131,209 (3.8%) | 0.00 | 85 |
2018-08-01 | $114,975 (7.5%) | $134,456 (1.9%) | 0.00 | 89 |
2018-09-01 | $119,450 (-4.4%) | $134,585 (-3.6%) | 0.00 | 100 |
2018-10-01 | $122,813 (4.6%) | $135,560 (-4.1%) | 0.00 | 98 |
2018-11-01 | $123,000 (0.4%) | $135,738 (-4.3%) | 0.00 | 90 |
2018-12-01 | $119,500 (-4.4%) | $137,957 (-4.8%) | 0.00 | 88 |
2019-01-01 | $121,325 (-3.3%) | $143,443 (0.0%) | 0.00 | 86 |
2019-02-01 | $125,000 (1.7%) | $150,729 (7.1%) | 0.00 | 88 |
2019-03-01 | $135,800 (8.7%) | $154,171 (22.1%) | 0.00 | 91 |
2019-04-01 | $135,850 (7.6%) | $151,001 (14.2%) | 0.00 | 97 |
2019-05-01 | $135,000 (10.2%) | $154,690 (11.0%) | 0.00 | 97 |
2019-06-01 | $139,900 (16.7%) | $164,013 (21.0%) | 0.00 | 100 |
2019-07-01 | $140,425 (27.3%) | $167,750 (27.9%) | 0.00 | 106 |
2019-08-01 | $136,445 (18.7%) | $161,889 (20.4%) | 0.00 | 133 |
2019-09-01 | $129,389 (8.3%) | $151,152 (12.3%) | 0.00 | 178 |
2019-10-01 | $124,408 (1.3%) | $144,092 (6.3%) | 0.00 | 223 |
2019-11-01 | $119,900 (-2.5%) | $141,334 (4.1%) | 0.00 | 233 |
2019-12-01 | $119,975 (0.4%) | $142,965 (3.6%) | 0.00 | 225 |
2020-01-01 | $119,450 (-1.6%) | $141,013 (-1.7%) | 0.00 | 215 |
2020-02-01 | $122,500 (-2.0%) | $142,565 (-5.4%) | 0.00 | 214 |
2020-03-01 | $120,000 (-11.6%) | $139,898 (-9.3%) | 0.00 | 216 |
2020-04-01 | $119,800 (-11.8%) | $139,115 (-7.9%) | 0.00 | 207 |
2020-05-01 | $114,900 (-14.9%) | $137,662 (-11.0%) | 0.00 | 190 |
2020-06-01 | $118,475 (-15.3%) | $138,032 (-15.8%) | 0.00 | 190 |
2020-07-01 | $119,425 (-15.0%) | $138,671 (-17.3%) | 0.00 | 172 |
2020-08-01 | $123,500 (-9.5%) | $141,782 (-12.4%) | 0.00 | 152 |
2020-09-01 | $118,925 (-8.1%) | $141,610 (-6.3%) | 0.00 | 138 |
2020-10-01 | $123,700 (-0.6%) | $146,598 (1.7%) | 0.00 | 136 |
2020-11-01 | $124,900 (4.2%) | $147,738 (4.5%) | 0.00 | 143 |
2020-12-01 | $119,075 (-0.8%) | $142,172 (-0.6%) | 0.00 | 142 |
2021-01-01 | $109,950 (-8.0%) | $136,845 (-3.0%) | 0.00 | 133 |
2021-02-01 | $110,000 (-10.2%) | $133,649 (-6.3%) | 0.00 | 118 |
2021-03-01 | $105,000 (-12.5%) | $131,564 (-6.0%) | 0.00 | 113 |
2021-04-01 | $112,950 (-5.7%) | $135,853 (-2.3%) | 0.00 | 109 |
2021-05-01 | $119,750 (4.2%) | $138,221 (0.4%) | 0.00 | 100 |
2021-06-01 | $133,750 (12.9%) | $146,772 (6.3%) | 0.00 | 90 |
2021-07-01 | $139,000 (16.4%) | $156,031 (12.5%) | 0.00 | 88 |
2021-08-01 | $143,750 (16.4%) | $162,004 (14.3%) | 0.00 | 85 |
2021-09-01 | $133,725 (12.4%) | $151,578 (7.0%) | 0.00 | 107 |
2021-10-01 | $139,450 (12.7%) | $151,624 (3.4%) | 0.00 | 112 |
2021-11-01 | $128,700 (3.0%) | $147,417 (-0.2%) | 0.00 | 112 |
2021-12-01 | $126,250 (6.0%) | $149,405 (5.1%) | 0.00 | 104 |
2022-01-01 | $147,400 (34.1%) | $163,118 (19.2%) | 0.00 | 94 |
2022-02-01 | $143,050 (30.1%) | $168,773 (26.3%) | 0.00 | 92 |
2022-03-01 | $144,950 (38.1%) | $185,148 (40.7%) | 0.00 | 97 |
2022-04-01 | $144,950 (28.3%) | $168,894 (24.3%) | 0.00 | 103 |
2022-05-01 | $139,900 (16.8%) | $160,823 (16.4%) | 0.00 | 102 |
2022-06-01 | $130,950 (-2.1%) | $154,954 (5.6%) | 0.00 | 97 |
2022-07-01 | $135,000 (-2.9%) | $163,336 (4.7%) | 0.00 | 102 |
2022-08-01 | $120,425 (-16.2%) | $157,544 (-2.8%) | 0.00 | 134 |
2022-09-01 | $111,175 (-16.9%) | $162,346 (7.1%) | 0.00 | 142 |
2022-10-01 | $109,950 (-21.2%) | $169,078 (11.5%) | 0.00 | 138 |
2022-11-01 | $97,425 (-24.3%) | $168,427 (14.3%) | 0.00 | 146 |
2022-12-01 | $99,450 (-21.2%) | $161,661 (8.2%) | 0.00 | 160 |
2023-01-01 | $110,000 (-25.4%) | $161,866 (-0.8%) | 0.00 | 128 |
2023-02-01 | $104,250 (-27.1%) | $157,110 (-6.9%) | 0.00 | 121 |
2023-03-01 | $129,450 (-10.7%) | $164,406 (-11.2%) | 0.00 | 121 |
2023-04-01 | $141,950 (-2.1%) | $176,966 (4.8%) | 0.00 | 115 |
2023-05-01 | $149,925 (7.2%) | $185,311 (15.2%) | 0.00 | 118 |
2023-06-01 | $151,225 (15.5%) | $186,881 (20.6%) | 0.00 | 115 |
2023-07-01 | $156,000 (15.6%) | $199,332 (22.0%) | 0.00 | 113 |
2023-08-01 | $152,450 (26.6%) | $193,513 (22.8%) | 0.00 | 123 |
2023-09-01 | $151,750 (36.5%) | $189,708 (16.9%) | 0.00 | 122 |
2023-10-01 | $160,000 (45.5%) | $200,584 (18.6%) | 0.00 | 121 |
2023-11-01 | $158,250 (62.4%) | $195,809 (16.3%) | 0.00 | 121 |
2023-12-01 | $143,900 (44.7%) | $191,504 (18.5%) | 0.00 | 111 |
2024-01-01 | $143,175 (30.2%) | $191,746 (18.5%) | 0.00 | 109 |
2024-02-01 | $122,450 (17.5%) | $179,762 (14.4%) | 0.00 | 136 |
2024-03-01 | $130,000 (0.4%) | $191,042 (16.2%) | 0.00 | 135 |
2024-04-01 | $134,125 (-5.5%) | $191,180 (8.0%) | 0.00 | 130 |
2024-05-01 | $151,750 (1.2%) | $192,371 (3.8%) | 0.00 | 132 |
2024-06-01 | $158,500 (4.8%) | $196,448 (5.1%) | 0.00 | 134 |
2024-07-01 | $144,700 (-7.2%) | $191,466 (-4.0%) | 0.00 | 124 |
2024-08-01 | $164,950 (8.2%) | $201,572 (4.2%) | 0.00 | 112 |
2024-09-01 | $159,725 (5.3%) | $185,821 (-2.1%) | 0.00 | 109 |
2024-10-01 | $161,350 (0.8%) | $188,384 (-6.1%) | 0.00 | 117 |
2024-11-01 | $152,250 (-3.8%) | $175,025 (-10.6%) | 0.00 | 126 |
2024-12-01 | $152,500 (6.0%) | $168,105 (-12.2%) | 0.00 | 126 |
2025-01-01 | $162,450 (13.5%) | $175,033 (-8.7%) | 0.00 | 121 |
Sikeston's median listing price comes in at 0% of the national average.
Sikeston's average listing price for 2025-01-01 was $175,033, a difference of $-16,713 (-8.7%) versus the prior year and $6,928 versus the prior month.
For the 2025-01-01 period, Sikeston had 121 MLS listings, a difference of -5 listings (-4%) versus the prior month and 12 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Sikeston (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,506 sqft |
2018-02-01 | 0 days | 1,543 sqft |
2018-03-01 | 0 days | 1,547 sqft |
2018-04-01 | 0 days | 1,582 sqft |
2018-05-01 | 0 days | 1,542 sqft |
2018-06-01 | 0 days | 1,474 sqft |
2018-07-01 | 0 days | 1,462 sqft |
2018-08-01 | 0 days | 1,570 sqft |
2018-09-01 | 0 days | 1,568 sqft |
2018-10-01 | 0 days | 1,570 sqft |
2018-11-01 | 0 days | 1,569 sqft |
2018-12-01 | 0 days | 1,559 sqft |
2019-01-01 | 0 days | 1,572 sqft |
2019-02-01 | 0 days | 1,680 sqft |
2019-03-01 | 0 days | 1,703 sqft |
2019-04-01 | 0 days | 1,697 sqft |
2019-05-01 | 0 days | 1,713 sqft |
2019-06-01 | 0 days | 1,773 sqft |
2019-07-01 | 0 days | 1,657 sqft |
2019-08-01 | 0 days | 1,655 sqft |
2019-09-01 | 0 days | 1,658 sqft |
2019-10-01 | 0 days | 1,667 sqft |
2019-11-01 | 0 days | 1,658 sqft |
2019-12-01 | 0 days | 1,642 sqft |
2020-01-01 | 0 days | 1,635 sqft |
2020-02-01 | 0 days | 1,701 sqft |
2020-03-01 | 0 days | 1,707 sqft |
2020-04-01 | 0 days | 1,690 sqft |
2020-05-01 | 0 days | 1,632 sqft |
2020-06-01 | 0 days | 1,622 sqft |
2020-07-01 | 0 days | 1,640 sqft |
2020-08-01 | 0 days | 1,660 sqft |
2020-09-01 | 0 days | 1,645 sqft |
2020-10-01 | 0 days | 1,592 sqft |
2020-11-01 | 0 days | 1,590 sqft |
2020-12-01 | 0 days | 1,516 sqft |
2021-01-01 | 0 days | 1,507 sqft |
2021-02-01 | 0 days | 1,501 sqft |
2021-03-01 | 0 days | 1,585 sqft |
2021-04-01 | 0 days | 1,555 sqft |
2021-05-01 | 0 days | 1,534 sqft |
2021-06-01 | 0 days | 1,529 sqft |
2021-07-01 | 0 days | 1,562 sqft |
2021-08-01 | 0 days | 1,556 sqft |
2021-09-01 | 0 days | 1,554 sqft |
2021-10-01 | 0 days | 1,569 sqft |
2021-11-01 | 0 days | 1,574 sqft |
2021-12-01 | 0 days | 1,534 sqft |
2022-01-01 | 0 days | 1,662 sqft |
2022-02-01 | 0 days | 1,652 sqft |
2022-03-01 | 0 days | 1,633 sqft |
2022-04-01 | 0 days | 1,535 sqft |
2022-05-01 | 0 days | 1,502 sqft |
2022-06-01 | 0 days | 1,445 sqft |
2022-07-01 | 0 days | 1,502 sqft |
2022-08-01 | 0 days | 1,429 sqft |
2022-09-01 | 0 days | 1,404 sqft |
2022-10-01 | 0 days | 1,432 sqft |
2022-11-01 | 0 days | 1,397 sqft |
2022-12-01 | 0 days | 1,362 sqft |
2023-01-01 | 0 days | 1,322 sqft |
2023-02-01 | 0 days | 1,272 sqft |
2023-03-01 | 0 days | 1,296 sqft |
2023-04-01 | 0 days | 1,423 sqft |
2023-05-01 | 0 days | 1,522 sqft |
2023-06-01 | 0 days | 1,484 sqft |
2023-07-01 | 0 days | 1,572 sqft |
2023-08-01 | 0 days | 1,510 sqft |
2023-09-01 | 0 days | 1,497 sqft |
2023-10-01 | 0 days | 1,617 sqft |
2023-11-01 | 0 days | 1,523 sqft |
2023-12-01 | 0 days | 1,484 sqft |
2024-01-01 | 0 days | 1,429 sqft |
2024-02-01 | 0 days | 1,315 sqft |
2024-03-01 | 0 days | 1,342 sqft |
2024-04-01 | 0 days | 1,396 sqft |
2024-05-01 | 0 days | 1,409 sqft |
2024-06-01 | 0 days | 1,475 sqft |
2024-07-01 | 0 days | 1,468 sqft |
2024-08-01 | 0 days | 1,518 sqft |
2024-09-01 | 0 days | 1,450 sqft |
2024-10-01 | 0 days | 1,471 sqft |
2024-11-01 | 0 days | 1,497 sqft |
2024-12-01 | 0 days | 1,455 sqft |
2025-01-01 | 0 days | 1,554 sqft |
Sikeston's median square footage for active listings during the 2025-01-01 period was 1,554 sqft. One year prior, the average listing was 1,429 sqft.
Sikeston, MO Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 381 | $55,855,000 | $146,601 |
Refi | 60 | $7,610,000 | $126,833 |
Cash Out Refi | 53 | $7,475,000 | $141,038 |
Home Improvement | 43 | $2,645,000 | $61,512 |
Other | 37 | $2,125,000 | $57,432 |
Sikeston's most frequently cited loan purpose was Home Purchase, with 381 originations. The 2nd most popular reason was Refi, with 60 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 162 | $25,800,000 | $159,259 |
7-8% | 151 | $20,415,000 | $135,199 |
Over 8% | 52 | $4,290,000 | $82,500 |
5-6% | 51 | $7,545,000 | $147,941 |
<2.5% | 3 | $15,000 | $5,000 |
4-5% | 3 | $435,000 | $145,000 |
2.5-3% | 3 | $185,000 | $61,667 |
3-4% | 2 | $180,000 | $90,000 |
During 2023, Sikeston's most frequently originated rate bucket was 6-7%, with 162 originations.
Loan Sizing (Sikeston, MO MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 245 | $35,395,000 | $144,469 |
$100,000 or less | 233 | $14,155,000 | $60,751 |
$200k-400k | 91 | $23,345,000 | $256,538 |
$400k-600k | 3 | $1,415,000 | $471,667 |
$600k-1000k | 2 | $1,400,000 | $700,000 |
Sikeston's loan sizing saw the bucket of loans from $100k-200k with 245 originations, totaling $35,395,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 260 | $38,850,000 | $149,423 |
60-80% | 66 | $10,340,000 | $156,667 |
20-40% | 33 | $2,505,000 | $75,909 |
40-60% | 31 | $4,525,000 | $145,968 |
Under 20% | 29 | $1,185,000 | $40,862 |
Over 100% | 8 | $1,460,000 | $182,500 |
Sikeston's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 260 originations, totaling $38,850,000 in origination value.