SIOUX CITY Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Sioux City averaged 5.47% for the week of 2022-05-12, compared to the national average of 5.3% for the same period.

The average rate for the prior week (2022-05-05) was 5.24% and one month ago for the week of 2022-04-07, the average rate was 4.89%.

Sioux City's average rate one year ago was 2.99%.

For refis of the same type during the week of 2022-05-12, the average rate was 5.48%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-12 5.3%
Sioux City 30 Year Fixed Rate 2022-05-12 5.47%
Sioux City 30 Year Fixed Rate Refi 2022-05-12 5.48%
Sioux City 15 Year Fixed Rate 2022-05-12 5.42%
Sioux City 15 Year Fixed Rate Refi 2022-05-12 4.53%
Sioux City 30 Year FHA 2022-05-12 5.37%
Sioux City 30 Year FHA Refi 2022-05-12 5.23%
Sioux City 30 Year USDA 2022-05-12 5.23%
Sioux City 30 Year USDA Refi 2022-05-12 3.25%
Sioux City 30 Year VA 2022-05-12 5.46%
Sioux City 30 Year VA Refi 2022-05-12 5.03%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SIOUX CITY, IA-NE-SD.

SIOUX CITY Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the SIOUX CITY, IA-NE-SD 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. Total Fees
Central Bank 193 3.18% $3,951
Wells Fargo Bank 158 3.18% $2,600
Citizens Bank 127 2.84% $3,904
Northwest Bank 119 3.03% $2,599
QUICKEN LOANS, LLC 110 3.16% $4,339
IOWA BANKERS MORTGAGE CORPORATION 91 2.99% $3,092
HOME POINT FINANCIAL CORPORATION 81 3.07% $4,000
GUARANTEED RATE, INC. 78 3.22% $3,392
SIOUXLAND FEDERAL CREDIT UNION 58 3.31% $3,323
U.S. Bank 56 3.07% $3,179
Great Southern Bank 56 3.08% $2,725
Heritage Bank 45 3.09% $3,913
Plains Commerce Bank 41 2.95% $3,762
PENNYMAC LOAN SERVICES, LLC 28 2.83% $3,864
First Dakota National Bank 23 2.94% $2,425
West Gate Bank 21 3.11% $3,736
Flagstar Bank, FSB 18 3.09% $2,800
United Bank of Iowa 16 3.59% $2,982
Chickasaw Community Bank 15 3.38% $5,250
LOANDEPOT.COM, LLC 15 2.99% $4,884
AMERISAVE MORTGAGE CORPORATION 12 3.03% $4,599
Gateway First Bank 11 3.11% $2,904
Community Mortgage Banc Corporation 9 3.09% $5,018
First PREMIER Bank 8 2.84% $3,523
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 8 3.14% $3,808
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 3.03% $4,234
MUTUAL OF OMAHA MORTGAGE, INC. 7 3.09% $3,491
CORTRUST MORTGAGE, INC. 6 2.88% $4,813
GUILD MORTGAGE COMPANY 6 3.12% $3,306
CHARTER WEST BANK 6 3.38% $2,146
ROYAL UNITED MORTGAGE LLC 6 3.25% $6,401
CROSSCOUNTRY MORTGAGE, LLC 6 2.95% $3,402
AMERICAN FINANCING CORPORATION 6 3.31% $3,700
Stifel Bank and Trust 5 2.73% $2,387
BROKER SOLUTIONS, INC. 5 3.17% $3,952
BETTER MORTGAGE CORPORATION 5 3.08% $3,066
UNITED WHOLESALE MORTGAGE, LLC 5 2.94% $3,445
First Bank & Trust 5 2.78% $4,544
VERIDIAN CREDIT UNION 5 3.05% $2,235
NAVY FEDERAL CREDIT UNION 5 3.28% $4,384
JPMorgan Chase Bank 5 3.20% $2,779
KELLER MORTGAGE, LLC 5 3.10% $2,361
American State Bank 4 2.94% $3,546
Mr. Cooper ( Nationstar Mortgage ) 4 3.44% $3,874
CU MORTGAGE DIRECT, LLC 4 3.03% $2,979
Great Western Bank 4 3.22% $2,495
GREENSTATE CREDIT UNION 4 3.06% $2,741
NEWREZ LLC 4 3.47% $3,604
Bank of America 4 2.75% $3,814
First International Bank & Trust 3 3.17% $3,101
CHURCHILL MORTGAGE CORPORATION 3 2.91% $3,829
Ally Bank 3 3.00% $2,731
First National Bank of Omaha 3 3.08% $3,225
Midwest Heritage Bank FSB 3 3.04% $2,760
Pinnacle Bank 3 3.75% $3,435
SIOUX FALLS 3 2.58% $4,748
The Huntington National Bank 3 2.71% $3,579
RESIDENTIAL BANCORP. 2 3.38% $2,573
Carrington Mortgage Services, LLC 2 3.44% $4,451
Bankers' Bank 2 3.00% $3,992
Ixonia Bank 2 3.19% $3,577
MORIA DEVELOPMENT, INC. 2 3.25% $4,605
HOMEOWNERS FINANCIAL GROUP USA, LLC 2 3.94% $3,380
FREEDOM MORTGAGE CORPORATION 2 3.38% $1,362
Lend Smart Mortgage, LLC 2 2.88% $3,618
Vibrant Credit Union 1 2.99% $2,744
MORTGAGE ACCESS CORP. 1 3.25% $2,818
Mortgage Research Center, LLC 1 2.75% $3,610
Fifth Third Bank 1 3.50% $2,461
Farm Credit Mid-America, ACA 1 3.55% $6,200
Equity Bank 1 3.25% $2,916
Dundee Bank 1 3.25% $2,483
NexBank 1 4.00% $5,671
Northpointe Bank 1 3.63% $4,202
DELMAR FINANCIAL COMPANY 1 2.88% $2,526
Paramount Residential Mortgage Group, Inc. 1 3.63% $7,266
DAS Acquisition Company, LLC 1 3.13% $5,201
PHH Mortgage Corporation 1 4.38% $4,273
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 4.88% $8,045
CRESCENT MORTGAGE COMPANY 1 2.88% $11,004
Core Bank 1 2.75% $1,452
Reliabank Dakota 1 2.75% $2,499
Collins Community Credit Union 1 2.63% $4,728
AMERICAN FINANCE HOUSE LARIBA 1 3.19% $6,742
CMG MORTGAGE, INC. 1 3.00% $3,114
SOFI LENDING CORP. 1 2.88% $2,363
The Central Trust Bank 1 2.88% $3,948
ZILLOW HOME LOANS, LLC 1 3.25% $2,751
Truity Federal Credit Union 1 2.75% $2,038
Baxter Credit Union 1 3.13% $2,891
Bank of Whittier 1 2.78% $3,067
Arbor Bank 1 2.92% $2,715
Frontier Bank 1 2.88% $2,723
HOMESIDE FINANCIAL, LLC 1 3.25% $2,821
HOMESERVICES LENDING, LLC 1 3.13% $3,347
First Savings Bank 1 3.00% $3,523
First National Bank 1 3.25% $2,620
First Bank 1 3.25% $5,567
KeyBank 1 3.30% $1,088
KS StateBank 1 3.00% $2,111
FINANCE OF AMERICA MORTGAGE LLC 1 3.50% $3,703
Manufacturers and Traders Trust Company 1 3.50% $3,610

SIOUX CITY, IA-NE-SD's 102 lenders originated 4,434 loans during 2021. The total origination value was $807,320,000, with an average loan value of $182,075.

The top SIOUX CITY lender as defined by loan originations is Central Bank, with 193 loans originated. Their average total fees are $3,951, which is $1,351 higher than the next largest lender, Wells Fargo Bank.

The lowest fee SIOUX CITY lenders (with over 10 loans originated) are First Dakota National Bank ($2,425), Northwest Bank ($2,599), Wells Fargo Bank ($2,600), Great Southern Bank ($2,725) and Flagstar Bank, FSB ($2,800).

The lowest rate SIOUX CITY lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (2.83%), Citizens Bank (2.84%), First Dakota National Bank (2.94%), Plains Commerce Bank (2.95%) and LOANDEPOT.COM, LLC (2.99%).

SIOUX CITY, IA-NE-SD Lender 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
Central Bank $88,220,000 $66,035,000 -25.1% 8.2%
QUICKEN LOANS, LLC $47,070,000 $52,605,000 11.8% 6.5%
Wells Fargo Bank $36,925,000 $45,045,000 22.0% 5.6%
The Security National Bank of Sioux City, Iowa $44,845,000 $43,840,000 -2.2% 5.4%
Northwest Bank $80,925,000 $42,545,000 -47.4% 5.3%
Citizens Bank $48,675,000 $35,710,000 -26.6% 4.4%
IOWA BANKERS MORTGAGE CORPORATION $49,495,000 $35,210,000 -28.9% 4.4%
Great Southern Bank $35,345,000 $28,595,000 -19.1% 3.5%
HOME POINT FINANCIAL CORPORATION $25,315,000 $28,505,000 12.6% 3.5%
U.S. Bank $31,825,000 $28,175,000 -11.5% 3.5%
Heritage Bank $26,920,000 $27,205,000 1.1% 3.4%
GUARANTEED RATE, INC. $3,470,000 $23,325,000 572.2% 2.9%
SIOUXLAND FEDERAL CREDIT UNION $14,165,000 $20,185,000 42.5% 2.5%
BankFirst $28,370,000 $18,800,000 -33.7% 2.3%
Lincoln Savings Bank $17,860,000 n/a 2.2%
Plains Commerce Bank $23,870,000 $17,440,000 -26.9% 2.2%
West Gate Bank $8,585,000 $14,835,000 72.8% 1.8%
Availa Bank $3,705,000 $11,960,000 222.8% 1.5%
FREEDOM MORTGAGE CORPORATION $8,075,000 $10,850,000 34.4% 1.3%
GUILD MORTGAGE COMPANY $8,260,000 $10,460,000 26.6% 1.3%
KeyBank $10,005,000 n/a 1.2%
PENNYMAC LOAN SERVICES, LLC $1,900,000 $8,865,000 366.6% 1.1%
First Dakota National Bank $9,800,000 $8,815,000 -10.1% 1.1%
Peoples Bank $5,300,000 $8,810,000 66.2% 1.1%
Midstates Bank $3,555,000 $7,545,000 112.2% 0.9%
Liberty National Bank $10,960,000 $7,350,000 -32.9% 0.9%
Mortgage Research Center, LLC $6,320,000 $7,255,000 14.8% 0.9%
Chickasaw Community Bank $5,025,000 $7,245,000 44.2% 0.9%
First National Bank of Omaha $1,000,000 $6,710,000 571.0% 0.8%
Great Western Bank $2,855,000 $6,610,000 131.5% 0.8%
BLACK HILLS FEDERAL CREDIT UNION $1,120,000 $6,535,000 483.5% 0.8%
Flagstar Bank, FSB $6,505,000 $6,350,000 -2.4% 0.8%
LOANDEPOT.COM, LLC $4,965,000 $5,955,000 19.9% 0.7%
United Bank of Iowa $2,520,000 $4,525,000 79.6% 0.6%
First PREMIER Bank $4,235,000 $4,260,000 0.6% 0.5%
Carrington Mortgage Services, LLC $4,235,000 $3,945,000 -6.8% 0.5%
Community Mortgage Banc Corporation $3,140,000 $3,710,000 18.2% 0.5%
AMERISAVE MORTGAGE CORPORATION $3,765,000 $3,540,000 -6.0% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $3,240,000 $3,250,000 0.3% 0.4%
BROKER SOLUTIONS, INC. $625,000 $3,180,000 408.8% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $935,000 $3,155,000 237.4% 0.4%
Gateway First Bank $3,775,000 $3,060,000 -18.9% 0.4%
Farm Credit Mid-America, ACA $2,005,000 $2,810,000 40.1% 0.3%
USAA Federal Savings Bank $4,345,000 $2,760,000 -36.5% 0.3%
BETTER MORTGAGE CORPORATION $2,755,000 n/a 0.3%
NAVY FEDERAL CREDIT UNION $2,125,000 $2,530,000 19.1% 0.3%
First Savings Bank $175,000 $2,510,000 1,334.3% 0.3%
First Bank & Trust $1,190,000 $2,430,000 104.2% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,610,000 $2,390,000 48.4% 0.3%
Premier Bank $1,560,000 $2,365,000 51.6% 0.3%
Bank of America $630,000 $2,205,000 250.0% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $855,000 $2,135,000 149.7% 0.3%
TRIAD FINANCIAL SERVICES, INC. $690,000 $2,065,000 199.3% 0.3%
NEWREZ LLC $1,010,000 $2,000,000 98.0% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $495,000 $1,845,000 272.7% 0.2%
JPMorgan Chase Bank $1,460,000 $1,830,000 25.3% 0.2%
American State Bank $2,375,000 $1,765,000 -25.7% 0.2%
NEW DAY FINANCIAL, LLC $550,000 $1,725,000 213.6% 0.2%
GREENSTATE CREDIT UNION $840,000 $1,700,000 102.4% 0.2%
VERIDIAN CREDIT UNION $1,775,000 $1,700,000 -4.2% 0.2%
LAKEVIEW LOAN SERVICING, LLC $125,000 $1,595,000 1,176.0% 0.2%
UNITED WHOLESALE MORTGAGE, LLC $3,560,000 $1,595,000 -55.2% 0.2%
Stifel Bank and Trust $1,040,000 $1,550,000 49.0% 0.2%
AMERICAN FINANCING CORPORATION $1,500,000 n/a 0.2%
CORTRUST MORTGAGE, INC. $2,575,000 $1,495,000 -41.9% 0.2%
CHURCHILL MORTGAGE CORPORATION $135,000 $1,460,000 981.5% 0.2%
First International Bank & Trust $1,435,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $355,000 $1,250,000 252.1% 0.2%
Security National Bank of South Dakota $1,250,000 n/a 0.2%
CHARTER WEST BANK $455,000 $1,235,000 171.4% 0.2%
KELLER MORTGAGE, LLC $375,000 $1,105,000 194.7% 0.1%
MID AMERICA MORTGAGE, INC. $1,065,000 $1,080,000 1.4% 0.1%
CU MORTGAGE DIRECT, LLC $2,015,000 $1,035,000 -48.6% 0.1%
Low VA Rates, LLC $940,000 $1,025,000 9.0% 0.1%
KS StateBank $405,000 $1,000,000 146.9% 0.1%
Ally Bank $105,000 $980,000 833.3% 0.1%
Reliabank Dakota $560,000 $980,000 75.0% 0.1%
DAS Acquisition Company, LLC $405,000 $965,000 138.3% 0.1%
The Huntington National Bank $935,000 n/a 0.1%
Flanagan State Bank $135,000 $900,000 566.7% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $1,230,000 $900,000 -26.8% 0.1%
Midwest Heritage Bank FSB $1,730,000 $885,000 -48.8% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $105,000 $845,000 704.8% 0.1%
SIOUX FALLS $2,295,000 $825,000 -64.1% 0.1%
The Federal Savings Bank $1,605,000 $780,000 -51.4% 0.1%
CRESCENT MORTGAGE COMPANY $775,000 n/a 0.1%
First Guaranty Mortgage Corporation $360,000 $735,000 104.2% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $735,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $495,000 $725,000 46.5% 0.1%
N.W. Iowa Credit Union $170,000 $700,000 311.8% 0.1%
Pinnacle Bank $515,000 $700,000 35.9% 0.1%
North American Savings Bank, F.S.B. $990,000 $670,000 -32.3% 0.1%
BANKWEST, INC. $180,000 $650,000 261.1% 0.1%
PENTAGON FEDERAL CREDIT UNION $600,000 $635,000 5.8% 0.1%
21ST MORTGAGE CORPORATION $440,000 $605,000 37.5% 0.1%
Ixonia Bank $565,000 $605,000 7.1% 0.1%
First National Bank $1,220,000 $595,000 -51.2% 0.1%
Raccoon Valley Bank $920,000 $540,000 -41.3% 0.1%
Bank of the West $740,000 $510,000 -31.1% 0.1%
Frontier Bank $200,000 $510,000 155.0% 0.1%
Paramount Residential Mortgage Group, Inc. $425,000 $500,000 17.6% 0.1%
AMERICAN ADVISORS GROUP $190,000 $490,000 157.9% 0.1%
EMBRACE HOME LOANS, INC. $155,000 $490,000 216.1% 0.1%
Barrington Bank & Trust Company, N.A. $870,000 $485,000 -44.3% 0.1%
CALIBER HOME LOANS, INC. $960,000 $475,000 -50.5% 0.1%
SOFI LENDING CORP. $515,000 $470,000 -8.7% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $910,000 $455,000 -50.0% 0.1%
First Savings Bank $175,000 $440,000 151.4% 0.1%
Bankers' Bank $435,000 n/a 0.1%
Lend Smart Mortgage, LLC $615,000 $430,000 -30.1% 0.1%
Truity Federal Credit Union $425,000 n/a 0.1%
CMG MORTGAGE, INC. $725,000 $410,000 -43.4% 0.1%
The Central Trust Bank $405,000 n/a 0.1%
The First National Bank in Sioux Falls $215,000 $405,000 88.4% 0.1%
Wyndham Capital Mortgage, Inc. $390,000 n/a 0.0%
Paramount Bank $375,000 n/a 0.0%
RESIDENTIAL BANCORP. $370,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $355,000 n/a 0.0%
American Mortgage & Equity Consultants, Inc. $345,000 n/a 0.0%
Truist Bank $590,000 $335,000 -43.2% 0.0%
United Fidelity Funding Corp. $320,000 n/a 0.0%
Fifth Third Bank $305,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $300,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $295,000 n/a 0.0%
MORIA DEVELOPMENT, INC. $290,000 n/a 0.0%
Lincoln FSB of Nebraska $285,000 n/a 0.0%
Servion, Inc. $610,000 $280,000 -54.1% 0.0%
Access Bank $265,000 n/a 0.0%
CHERRY CREEK MORTGAGE, LLC $265,000 n/a 0.0%
First Bank $265,000 n/a 0.0%
SeaTrust Mortgage Company $265,000 n/a 0.0%
Sunflower Bank $55,000 $265,000 381.8% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $255,000 n/a 0.0%
Collins Community Credit Union $255,000 n/a 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $250,000 n/a 0.0%
Bank of Whittier $245,000 n/a 0.0%
GENEVA FINANCIAL, LLC $245,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $240,000 n/a 0.0%
First Home Bank $360,000 $225,000 -37.5% 0.0%
Discover Bank $185,000 $215,000 16.2% 0.0%
MORTGAGE ACCESS CORP. $215,000 n/a 0.0%
MOVEMENT MORTGAGE, LLC $215,000 n/a 0.0%
Vibrant Credit Union $595,000 $215,000 -63.9% 0.0%
GNB Bank $210,000 n/a 0.0%
Dacotah Bank $205,000 n/a 0.0%
Manufacturers and Traders Trust Company $205,000 $200,000 -2.4% 0.0%
Washington State Bank $95,000 $200,000 110.5% 0.0%
AMERICAN FINANCE HOUSE LARIBA $145,000 $195,000 34.5% 0.0%
FOUR POINTS $195,000 n/a 0.0%
Core Bank $175,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $175,000 n/a 0.0%
AMERICAN FINANCIAL NETWORK, INC. $390,000 $165,000 -57.7% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $165,000 n/a 0.0%
EVERETT FINANCIAL, INC. $165,000 n/a 0.0%
HOMESERVICES LENDING, LLC $165,000 n/a 0.0%
Northpointe Bank $165,000 n/a 0.0%
Bank of England $215,000 $155,000 -27.9% 0.0%
Dundee Bank $155,000 n/a 0.0%
CANOPY MORTGAGE, LLC $145,000 n/a 0.0%
American Bank & Trust $710,000 $135,000 -81.0% 0.0%
Equity Bank $135,000 n/a 0.0%
FirstBank of Nebraska $135,000 n/a 0.0%
First Federal Bank $135,000 n/a 0.0%
INLANTA MORTGAGE, INC. $470,000 $135,000 -71.3% 0.0%
Arbor Bank $85,000 $125,000 47.1% 0.0%
PLANET HOME LENDING, LLC $125,000 n/a 0.0%
American National Bank $205,000 $115,000 -43.9% 0.0%
First Nebraska Bank $805,000 $115,000 -85.7% 0.0%
MEMBERS1st Community Credit Union $115,000 n/a 0.0%
Baxter Credit Union $105,000 n/a 0.0%
Figure Lending LLC $105,000 n/a 0.0%
S1L, Inc. $105,000 n/a 0.0%
NexBank $95,000 n/a 0.0%
PNC Bank $155,000 $95,000 -38.7% 0.0%
Think Mutual Bank $205,000 $95,000 -53.7% 0.0%
Tradition Mortgage, LLC $275,000 $85,000 -69.1% 0.0%
PHH Mortgage Corporation $75,000 n/a 0.0%
CorTrust Bank $65,000 n/a 0.0%
THRIVENT Federal Credit Union $65,000 n/a 0.0%
MUTUAL FIRST $55,000 n/a 0.0%
Elements Financial Federal Credit Union $35,000 n/a 0.0%
State Department Federal Credit Union $35,000 n/a 0.0%
DUPACO COMMUNITY $280,000 $25,000 -91.1% 0.0%
GREATER IOWA CREDIT UNION $25,000 n/a 0.0%
FirstBank $410,000 $15,000 -96.3% 0.0%

SIOUX CITY's top lender by overall market share is Central Bank, with 8.2% market share. In second place, with 6.5%, is QUICKEN LOANS, LLC, having originated $52,605,000 in loans. In third place, with 5.6%, is Wells Fargo Bank, having originated $45,045,000 in loans. In third place, with 5.4%, is The Security National Bank of Sioux City, Iowa, having originated $43,840,000 in loans. In third place, with 5.3%, is Northwest Bank, having originated $42,545,000 in loans.


SIOUX CITY, IA-NE-SD Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,863 $374,885,000 $201,227
Refi 1,547 $271,585,000 $175,556
Cash Out Refi 740 $123,470,000 $166,851
Home Improvement 153 $25,195,000 $164,673
Other 131 $12,185,000 $93,015

Sioux City's most frequently cited loan purpose was Home Purchase, with 1,863 originations. The 2nd most popular reason was Refi, with 1,547 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 1,639 $296,955,000 $181,181
3-4% 1,122 $236,690,000 $210,954
<2.5% 799 $137,515,000 $172,109
4-5% 141 $25,135,000 $178,262
7-8% 44 $2,320,000 $52,727
5-6% 32 $1,930,000 $60,313
6-7% 14 $790,000 $56,429
Over 8% 11 $745,000 $67,727

During 2021, Sioux City's most frequently originated rate bucket was 2.5-3%, with 1,639 originations.

Loan Sizing (SIOUX CITY, IA-NE-SD MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,948 $281,810,000 $144,666
$100,000 or less 1,243 $77,355,000 $62,233
$200k-400k 1,082 $285,180,000 $263,567
$400k-600k 111 $52,935,000 $476,892
$Over $1MM 28 $93,590,000 $3,342,500
$600k-1000k 22 $16,450,000 $747,727

SIOUX CITY's loan sizing saw the bucket of loans from $100k-200k with 1,948 originations, totaling $281,810,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,537 $303,985,000 $197,778
60-80% 1,217 $253,485,000 $208,287
40-60% 496 $81,630,000 $164,577
20-40% 220 $23,130,000 $105,136
Under 20% 179 $9,825,000 $54,888
Over 100% 25 $6,685,000 $267,400

SIOUX CITY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,537 originations, totaling $303,985,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - SIOUX CITY (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 $199,950 (11.2%) $265,623 (10.8%) 0.74 371
2018-02-01 $209,000 (16.3%) $268,101 (16.1%) 0.75 346
2018-03-01 $206,600 (7.9%) $259,378 (7.7%) 0.71 347
2018-04-01 $207,050 (6.2%) $253,080 (2.5%) 0.69 399
2018-05-01 $208,750 (9.2%) $255,405 (0.3%) 0.70 404
2018-06-01 $215,000 (13.2%) $257,176 (1.7%) 0.72 390
2018-07-01 $218,000 (9.1%) $257,106 (2.5%) 0.73 385
2018-08-01 $207,800 (7.4%) $253,685 (1.5%) 0.69 390
2018-09-01 $209,900 (7.7%) $252,722 (-0.2%) 0.70 411
2018-10-01 $214,925 (7.6%) $255,289 (0.9%) 0.72 417
2018-11-01 $210,000 (7.6%) $251,977 (1.3%) 0.70 421
2018-12-01 $204,900 (2.5%) $254,930 (-0.8%) 0.70 407
2019-01-01 $199,975 (0.0%) $246,836 (-7.1%) 0.69 393
2019-02-01 $215,800 (3.3%) $248,580 (-7.3%) 0.72 363
2019-03-01 $224,486 (8.7%) $260,371 (0.4%) 0.73 339
2019-04-01 $240,000 (15.9%) $277,440 (9.6%) 0.76 318
2019-05-01 $246,375 (18.0%) $291,875 (14.3%) 0.76 329
2019-06-01 $249,900 (16.2%) $296,852 (15.4%) 0.77 336
2019-07-01 $233,325 (7.0%) $279,839 (8.8%) 0.73 349
2019-08-01 $226,671 (9.1%) $271,160 (6.9%) 0.71 367
2019-09-01 $217,450 (3.6%) $258,689 (2.4%) 0.69 401
2019-10-01 $198,750 (-7.5%) $247,446 (-3.1%) 0.63 438
2019-11-01 $192,500 (-8.3%) $242,348 (-3.8%) 0.62 437
2019-12-01 $192,250 (-6.2%) $244,145 (-4.2%) 0.64 402
2020-01-01 $192,000 (-4.0%) $245,216 (-0.7%) 0.64 380
2020-02-01 $197,500 (-8.5%) $246,676 (-0.8%) 0.64 359
2020-03-01 $202,500 (-9.8%) $254,499 (-2.3%) 0.63 342
2020-04-01 $219,950 (-8.4%) $258,561 (-6.8%) 0.69 340
2020-05-01 $229,900 (-6.7%) $272,054 (-6.8%) 0.70 341
2020-06-01 $233,900 (-6.4%) $270,680 (-8.8%) 0.68 365
2020-07-01 $236,725 (1.5%) $272,499 (-2.6%) 0.68 341
2020-08-01 $224,900 (-0.8%) $272,057 (0.3%) 0.64 319
2020-09-01 $222,250 (2.2%) $272,343 (5.3%) 0.64 318
2020-10-01 $217,000 (9.2%) $270,094 (9.2%) 0.62 299
2020-11-01 $218,500 (13.5%) $273,067 (12.7%) 0.63 288
2020-12-01 $231,200 (20.3%) $274,564 (12.5%) 0.68 253
2021-01-01 $249,500 (30.0%) $281,474 (14.8%) 0.73 226
2021-02-01 $255,000 (29.1%) $289,509 (17.4%) 0.73 210
2021-03-01 $261,750 (29.3%) $296,225 (16.4%) 0.73 197
2021-04-01 $277,450 (26.1%) $319,893 (23.7%) 0.75 181
2021-05-01 $264,500 (15.1%) $310,999 (14.3%) 0.70 186
2021-06-01 $264,975 (13.3%) $303,230 (12.0%) 0.69 195
2021-07-01 $235,000 (-0.7%) $288,651 (5.9%) 0.61 207
2021-08-01 $227,450 (1.1%) $287,544 (5.7%) 0.60 236
2021-09-01 $206,000 (-7.3%) $268,345 (-1.5%) 0.54 230
2021-10-01 $199,500 (-8.1%) $256,543 (-5.0%) 0.53 234
2021-11-01 $193,450 (-11.5%) $288,546 (5.7%) 0.51 207
2021-12-01 $205,000 (-11.3%) $307,603 (12.0%) 0.55 171
2022-01-01 $205,000 (-17.8%) $336,548 (19.6%) 0.55 131
2022-02-01 $290,750 (14.0%) $375,724 (29.8%) 0.74 131
2022-03-01 $294,000 (12.3%) $385,755 (30.2%) 0.73 120
2022-04-01 $310,000 (11.7%) $388,391 (21.4%) 0.73 123
SIOUX CITY's median listing price for 2022-04-01 was $310,000, a difference of $32,550 (11.7%) versus the prior year and $16,000 versus the prior month.

SIOUX CITY's median listing price comes in at 73% of the national average.

SIOUX CITY's average listing price for 2022-04-01 was $388,391, a difference of $68,498 (21.4%) versus the prior year and $2,636 versus the prior month.

For the 2022-04-01 period, SIOUX CITY had 123 MLS listings, a difference of 3 listings (3%) versus the prior month and -58 listings (-32%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - SIOUX CITY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 95 days 1,891 sqft
2018-02-01 94 days 1,939 sqft
2018-03-01 74 days 1,890 sqft
2018-04-01 50 days 1,861 sqft
2018-05-01 53 days 1,872 sqft
2018-06-01 57 days 1,952 sqft
2018-07-01 61 days 1,965 sqft
2018-08-01 58 days 2,003 sqft
2018-09-01 51 days 1,984 sqft
2018-10-01 58 days 1,986 sqft
2018-11-01 59 days 1,954 sqft
2018-12-01 72 days 1,916 sqft
2019-01-01 88 days 1,902 sqft
2019-02-01 95 days 1,859 sqft
2019-03-01 90 days 1,871 sqft
2019-04-01 64 days 1,913 sqft
2019-05-01 48 days 1,982 sqft
2019-06-01 56 days 2,035 sqft
2019-07-01 52 days 1,963 sqft
2019-08-01 55 days 1,985 sqft
2019-09-01 51 days 1,988 sqft
2019-10-01 49 days 1,929 sqft
2019-11-01 59 days 1,928 sqft
2019-12-01 72 days 1,944 sqft
2020-01-01 84 days 1,946 sqft
2020-02-01 80 days 1,968 sqft
2020-03-01 63 days 2,009 sqft
2020-04-01 67 days 1,957 sqft
2020-05-01 64 days 2,016 sqft
2020-06-01 54 days 1,977 sqft
2020-07-01 57 days 1,941 sqft
2020-08-01 65 days 1,902 sqft
2020-09-01 58 days 1,915 sqft
2020-10-01 55 days 1,926 sqft
2020-11-01 58 days 1,893 sqft
2020-12-01 71 days 1,830 sqft
2021-01-01 85 days 1,818 sqft
2021-02-01 94 days 1,886 sqft
2021-03-01 64 days 1,879 sqft
2021-04-01 50 days 1,943 sqft
2021-05-01 38 days 1,914 sqft
2021-06-01 37 days 1,908 sqft
2021-07-01 32 days 1,897 sqft
2021-08-01 38 days 1,817 sqft
2021-09-01 41 days 1,748 sqft
2021-10-01 37 days 1,719 sqft
2021-11-01 45 days 1,640 sqft
2021-12-01 55 days 1,641 sqft
2022-01-01 67 days 1,600 sqft
2022-02-01 37 days 1,721 sqft
2022-03-01 46 days 1,807 sqft
2022-04-01 38 days 1,764 sqft
SIOUX CITY's median listing age (time on market) for 2022-04-01 was 38 days. This is -24% shorter than the same period one year ago.

SIOUX CITY's median square footage for active listings during the 2022-04-01 period was 1,764 sqft. One year prior, the average listing was 1,943 sqft.