Sikeston 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 Sikeston averaged 6.82% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.05% and one month ago for the week of 2023-02-09, the average rate was 6.24%.

    Sikeston's average rate one year ago was 4.27%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.72%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Sikeston 30 Year Fixed Rate 2023-03-16 6.82%
    Sikeston 30 Year Fixed Rate Refi 2023-03-16 6.72%
    Sikeston 15 Year Fixed Rate 2023-03-16 7.6%
    Sikeston 15 Year Fixed Rate Refi 2023-03-16 6.24%
    Sikeston 30 Year FHA 2023-03-16 6.62%
    Sikeston 30 Year FHA Refi 2023-03-16 6.67%
    Sikeston 30 Year USDA 2023-03-16 6.68%
    Sikeston 30 Year USDA Refi 2023-03-16 6.39%
    Sikeston 30 Year VA 2023-03-16 6.72%
    Sikeston 30 Year VA Refi 2023-03-16 6.11%
    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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    First State Community Bank 31 3.31% $1,864
    The Bank of Missouri 27 2.89% $2,514
    QUICKEN LOANS, LLC 26 3.13% $4,258
    U.S. Bank 21 3.26% $2,188
    FLAT BRANCH MORTGAGE, INC. 20 3.40% $2,744
    Wells Fargo Bank 16 3.06% $2,563
    Southern Bank 14 3.59% $1,664
    Citizens Bank 12 3.11% $2,711
    Regions Bank 10 3.28% $2,679
    DAS Acquisition Company, LLC 9 3.26% $2,831
    Wood & Huston Bank 9 4.28% $1,576
    UNITED WHOLESALE MORTGAGE, LLC 6 3.08% $4,291
    LOANDEPOT.COM, LLC 5 3.55% $4,254
    Commerce Bank 5 3.55% $2,357
    Flanagan State Bank 5 3.13% $5,449
    Flagstar Bank, FSB 4 3.37% $2,352
    CALIBER HOME LOANS, INC. 4 3.04% $2,806
    First Guaranty Mortgage Corporation 4 3.06% $4,701
    DELMAR FINANCIAL COMPANY 4 3.31% $2,508
    PLANET HOME LENDING, LLC 4 2.90% $2,377
    MOVEMENT MORTGAGE, LLC 3 3.10% $3,502
    BROKER SOLUTIONS, INC. 3 3.21% $3,054
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.25% $2,951
    GUILD MORTGAGE COMPANY 3 3.42% $2,892
    HALLMARK HOME MORTGAGE, LLC 3 3.54% $2,699
    Truist 3 3.08% $2,265
    InterContinental Capital Group, Inc 2 3.63% $3,297
    JPMorgan Chase Bank 2 3.38% $3,917
    ALLIANT CREDIT UNION 2 2.94% $3,498
    GERSHMAN INVESTMENT CORP. 2 3.19% $2,359
    ROYAL UNITED MORTGAGE LLC 2 3.75% $6,750
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 2.88% $3,816
    BETTER MORTGAGE CORPORATION 2 2.88% $4,162
    HOME POINT FINANCIAL CORPORATION 2 3.13% $1,471
    Peoples National Bank , N.A. 1 2.50% $2,700
    UMB Bank 1 3.18% $2,681
    First State Bank of St. Charles, Missouri 1 3.13% $3,503
    First National Bank 1 3.95% $1,574
    Bank of Springfield 1 3.13% $1,605
    Fifth Third Bank 1 3.25% $2,092
    SOUTHWEST FUNDING, LP 1 3.25% $3,350
    COMPEER FINANCIAL, FLCA 1 4.75% $2,188
    LEADERONE FINANCIAL CORPORATION 1 3.99% $3,194
    GUARANTEED RATE, INC. 1 2.99% $12,696
    Arvest Bank 1 3.38% $3,305
    NAVY FEDERAL CREDIT UNION 1 3.13% $1,292
    NP, Inc. 1 3.38% $2,783
    Paramount Bank 1 3.13% $2,321

    Sikeston Average Closing Costs & Other Stats

    Sikeston, MO's 48 lenders originated 1,108 loans during 2021. The total origination value was $150,680,000, with an average loan value of $135,993.

    Sikeston's average closing costs are $3,600.

    The top Sikeston lender as defined by loan originations is First State Community Bank, with 31 loans originated. Their average total fees are $1,864, which is $650 lower than the next largest lender, The Bank of Missouri.

    The lowest fee Sikeston lenders (with over 10 loans originated) are Southern Bank ($1,664), First State Community Bank ($1,864), U.S. Bank ($2,188), The Bank of Missouri ($2,514) and Wells Fargo Bank ($2,563).

    The lowest rate Sikeston lenders (with over 10 loans originated) are The Bank of Missouri (2.89%), Wells Fargo Bank (3.06%), Citizens Bank (3.11%), QUICKEN LOANS, LLC (3.13%) and U.S. Bank (3.26%).

    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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Alliance Bank $17,490,000 $18,555,000 6.1% 12.3%
    QUICKEN LOANS, LLC $10,110,000 $10,895,000 7.8% 7.2%
    The Bank of Missouri $10,355,000 $8,415,000 -18.7% 5.6%
    First State Community Bank $15,560,000 $7,900,000 -49.2% 5.2%
    First Midwest Bank of Dexter $8,615,000 $7,410,000 -14.0% 4.9%
    FLAT BRANCH MORTGAGE, INC. $8,230,000 $7,350,000 -10.7% 4.9%
    Flanagan State Bank $9,230,000 $6,260,000 -32.2% 4.2%
    U.S. Bank $4,785,000 $6,080,000 27.1% 4.0%
    Montgomery Bank $6,115,000 $5,650,000 -7.6% 3.7%
    Wells Fargo Bank $4,615,000 $5,220,000 13.1% 3.5%
    Southern Bank $5,070,000 $4,955,000 -2.3% 3.3%
    DAS Acquisition Company, LLC $5,390,000 $4,760,000 -11.7% 3.2%
    Regions Bank $4,260,000 $4,215,000 -1.1% 2.8%
    Citizens Bank $1,480,000 $4,205,000 184.1% 2.8%
    UNITED WHOLESALE MORTGAGE, LLC $325,000 $2,725,000 738.5% 1.8%
    Focus Bank $2,290,000 $2,530,000 10.5% 1.7%
    FREEDOM MORTGAGE CORPORATION $2,365,000 $2,320,000 -1.9% 1.5%
    GUILD MORTGAGE COMPANY $1,675,000 $2,000,000 19.4% 1.3%
    Mortgage Research Center, LLC $1,470,000 $1,960,000 33.3% 1.3%
    LOANDEPOT.COM, LLC $405,000 $1,915,000 372.8% 1.3%
    Wood & Huston Bank $1,645,000 $1,720,000 4.6% 1.1%
    First Guaranty Mortgage Corporation $105,000 $1,690,000 1,509.5% 1.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,500,000 $1,470,000 -2.0% 1.0%
    GERSHMAN INVESTMENT CORP. $400,000 $1,465,000 266.3% 1.0%
    PENNYMAC LOAN SERVICES, LLC $1,065,000 $1,390,000 30.5% 0.9%
    MOVEMENT MORTGAGE, LLC $795,000 $1,320,000 66.0% 0.9%
    CALIBER HOME LOANS, INC. $965,000 $1,260,000 30.6% 0.8%
    PLANET HOME LENDING, LLC $915,000 $1,140,000 24.6% 0.8%
    FIRST COMMUNITY MORTGAGE, INC. $590,000 $1,130,000 91.5% 0.7%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,060,000 n/a 0.7%
    DELMAR FINANCIAL COMPANY $405,000 $1,020,000 151.9% 0.7%
    HOME POINT FINANCIAL CORPORATION $955,000 n/a 0.6%
    JPMorgan Chase Bank $470,000 $905,000 92.6% 0.6%
    Commerce Bank $3,215,000 $895,000 -72.2% 0.6%
    HALLMARK HOME MORTGAGE, LLC $540,000 $820,000 51.9% 0.5%
    VILLAGE CAPITAL & INVESTMENT LLC $125,000 $750,000 500.0% 0.5%
    Flagstar Bank, FSB $840,000 $725,000 -13.7% 0.5%
    BROKER SOLUTIONS, INC. $355,000 $720,000 102.8% 0.5%
    Magnolia Bank $2,825,000 $635,000 -77.5% 0.4%
    NAVY FEDERAL CREDIT UNION $215,000 $635,000 195.3% 0.4%
    UMB Bank $585,000 n/a 0.4%
    NEW DAY FINANCIAL, LLC $375,000 $560,000 49.3% 0.4%
    LEADERONE FINANCIAL CORPORATION $500,000 n/a 0.3%
    AMERISAVE MORTGAGE CORPORATION $85,000 $460,000 441.2% 0.3%
    Banterra Bank $695,000 $445,000 -36.0% 0.3%
    FOUR POINTS $175,000 $425,000 142.9% 0.3%
    ROYAL UNITED MORTGAGE LLC $390,000 $420,000 7.7% 0.3%
    USAA Federal Savings Bank $485,000 $420,000 -13.4% 0.3%
    GUARANTEED RATE, INC. $95,000 $415,000 336.8% 0.3%
    The Federal Savings Bank $305,000 $385,000 26.2% 0.3%
    21ST MORTGAGE CORPORATION $355,000 $370,000 4.2% 0.2%
    First Mortgage Solutions, LLC $355,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $355,000 n/a 0.2%
    First State Bank of St. Charles, Missouri $285,000 $305,000 7.0% 0.2%
    Truist Bank $305,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $300,000 n/a 0.2%
    NEWREZ LLC $115,000 $290,000 152.2% 0.2%
    CHURCHILL MORTGAGE CORPORATION $280,000 n/a 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $95,000 $280,000 194.7% 0.2%
    HOMESIDE FINANCIAL, LLC $260,000 n/a 0.2%
    TRIAD FINANCIAL SERVICES, INC. $255,000 n/a 0.2%
    ENDEAVOR CAPITAL, LLC. $545,000 $250,000 -54.1% 0.2%
    First Midwest Bank of Poplar Bluff $250,000 n/a 0.2%
    Paramount Bank $230,000 n/a 0.2%
    First National Bank $225,000 n/a 0.1%
    Low VA Rates, LLC $150,000 $225,000 50.0% 0.1%
    InterContinental Capital Group, Inc $220,000 n/a 0.1%
    ALLIANT CREDIT UNION $210,000 n/a 0.1%
    FAMILY FINANCE MORTGAGE, LLC $205,000 n/a 0.1%
    SOUTHWEST FUNDING, LP $205,000 n/a 0.1%
    Arvest Bank $35,000 $190,000 442.9% 0.1%
    CELEBRITY HOME LOANS, LLC $185,000 n/a 0.1%
    COMMUNITY MORTGAGE, LLC $175,000 n/a 0.1%
    THOMPSON KANE & COMPANY, LLC $165,000 n/a 0.1%
    Barrington Bank & Trust Company, N.A. $200,000 $145,000 -27.5% 0.1%
    NP, Inc. $145,000 n/a 0.1%
    Bloomsdale Bank $135,000 n/a 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $75,000 $135,000 80.0% 0.1%
    Peoples National Bank , N.A. $95,000 $135,000 42.1% 0.1%
    PANORAMA MORTGAGE GROUP, LLC $125,000 n/a 0.1%
    Raymond James Bank $125,000 n/a 0.1%
    Bank of Springfield $115,000 n/a 0.1%
    Dieterich Bank $115,000 n/a 0.1%
    AMERICAN ADVISORS GROUP $55,000 $110,000 100.0% 0.1%
    Bank of England $105,000 n/a 0.1%
    Carrington Mortgage Services, LLC $440,000 $105,000 -76.1% 0.1%
    Farmers State Bank of Alto Pass $105,000 n/a 0.1%
    Fifth Third Bank $105,000 n/a 0.1%
    Mid-Continent Funding, Inc. $145,000 $105,000 -27.6% 0.1%
    Nations Lending Corporation $105,000 n/a 0.1%
    Great Southern Bank $95,000 n/a 0.1%
    NATIONS RELIABLE LENDING, LLC $95,000 n/a 0.1%
    COMPEER FINANCIAL, FLCA $250,000 $85,000 -66.0% 0.1%
    FAY SERVICING, LLC $105,000 $85,000 -19.0% 0.1%
    LOANPAL, LLC $85,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $85,000 n/a 0.1%
    Evolve Bank & Trust $75,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $75,000 $65,000 -13.3% 0.0%
    The Bennington State Bank $65,000 n/a 0.0%
    MISSOURI Credit Union $105,000 $55,000 -47.6% 0.0%
    Morton Community Bank $45,000 n/a 0.0%
    STAR USA FEDERAL CREDIT UNION $35,000 $45,000 28.6% 0.0%
    WEST COMMUNITY $45,000 n/a 0.0%
    Deere Employees Credit Union $35,000 n/a 0.0%
    TOGETHER CREDIT UNION $35,000 n/a 0.0%
    Peoples Community Bank $435,000 $25,000 -94.3% 0.0%
    United Bank of Union $15,000 n/a 0.0%

    Sikeston's top lender by overall market share is Alliance Bank, with 12.3% market share. In second place, with 7.2%, is QUICKEN LOANS, LLC, having originated $10,895,000 in loans. In third place, with 5.6%, is The Bank of Missouri, having originated $8,415,000 in loans. In fourth place, with 5.2%, is First State Community Bank, having originated $7,900,000 in loans. In fifth place, with 4.9%, is First Midwest Bank of Dexter, having originated $7,410,000 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%) $158,127 (17.5%) 0.00 81
    2019-04-01 $138,271 (6.4%) $152,652 (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
    Sikeston's median listing price for 2023-02-01 was $129,450, a difference of $-20,450 (-13.6%) versus the prior year and $6,350 versus the prior month.

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

    Sikeston's average listing price for 2023-02-01 was $178,845, a difference of $-9,936 (-5.3%) versus the prior year and $4,174 versus the prior month.

    For the 2023-02-01 period, Sikeston had 83 MLS listings, a difference of -11 listings (-12%) versus the prior month and 19 listings (30%) 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 1,486 sqft
    2018-02-01 0 days 1,486 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 1,463 sqft
    2018-07-01 0 days 1,463 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 1,714 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 1,651 sqft
    2021-10-01 0 days 1,616 sqft
    2021-11-01 0 days 1,551 sqft
    2021-12-01 0 days 1,508 sqft
    2022-01-01 0 days 1,684 sqft
    2022-02-01 0 days 1,664 sqft
    2022-03-01 0 days 1,655 sqft
    2022-04-01 0 days 1,581 sqft
    2022-05-01 0 days 1,638 sqft
    2022-06-01 0 days 1,463 sqft
    2022-07-01 0 days 1,534 sqft
    2022-08-01 0 days 1,401 sqft
    2022-09-01 0 days 1,402 sqft
    2022-10-01 0 days 1,402 sqft
    2022-11-01 0 days 1,315 sqft
    2022-12-01 0 days 1,302 sqft
    2023-01-01 0 days 1,326 sqft
    2023-02-01 0 days 1,297 sqft
    Sikeston's median listing age (time on market) for 2023-02-01 was 0 days.

    Sikeston's median square footage for active listings during the 2023-02-01 period was 1,297 sqft. One year prior, the average listing was 1,664 sqft.

    Sikeston, MO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 530 $74,220,000 $140,038
    Refi 343 $48,145,000 $140,364
    Cash Out Refi 169 $24,545,000 $145,237
    Home Improvement 38 $2,180,000 $57,368
    Other 28 $1,590,000 $56,786

    Sikeston's most frequently cited loan purpose was Home Purchase, with 530 originations. The 2nd most popular reason was Refi, with 343 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    3-4% 383 $50,195,000 $131,057
    2.5-3% 265 $38,895,000 $146,774
    <2.5% 134 $19,220,000 $143,433
    4-5% 52 $5,460,000 $105,000
    5-6% 12 $530,000 $44,167
    6-7% 9 $535,000 $59,444
    7-8% 2 $90,000 $45,000
    Over 8% 1 $45,000 $45,000

    During 2021, Sikeston's most frequently originated rate bucket was 3-4%, with 383 originations.

    Loan Sizing (Sikeston, MO MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 530 $73,520,000 $138,717
    $100,000 or less 404 $27,020,000 $66,881
    $200k-400k 154 $39,400,000 $255,844
    $400k-600k 15 $7,045,000 $469,667
    $600k-1000k 5 $3,695,000 $739,000

    Sikeston's loan sizing saw the bucket of loans from $100k-200k with 530 originations, totaling $73,520,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 441 $63,495,000 $143,980
    60-80% 232 $32,640,000 $140,690
    40-60% 78 $9,450,000 $121,154
    20-40% 48 $3,250,000 $67,708
    Under 20% 20 $460,000 $23,000
    Over 100% 14 $2,160,000 $154,286

    Sikeston's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 441 originations, totaling $63,495,000 in origination value.