SPRINGFIELD Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Springfield averaged 7.04% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.88% and one month ago for the week of 2024-03-07, the average rate was 6.94%.

Springfield's average rate one year ago was 6.34%.

For refis of the same type during the week of 2024-04-11, the average rate was 8.31%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Springfield 30 Year Fixed Rate 2024-04-11 7.04%
Springfield 30 Year Fixed Rate Refi 2024-04-11 8.31%
Springfield 15 Year Fixed Rate 2024-04-11 6.16%
Springfield 15 Year Fixed Rate Refi 2024-04-11 6.56%
Springfield 30 Year FHA 2024-04-11 7.06%
Springfield 30 Year FHA Refi 2024-04-11 6.84%
Springfield 30 Year USDA 2024-04-11 6.51%
Springfield 30 Year USDA Refi 2024-04-11 6.91%
Springfield 30 Year VA 2024-04-11 6.96%
Springfield 30 Year VA Refi 2024-04-11 6.47%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SPRINGFIELD, OH.

SPRINGFIELD 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 SPRINGFIELD, OH 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
WRIGHT-PATT CREDIT UNION, INC. 86 6.71% $3,312
CROSSCOUNTRY MORTGAGE, LLC 67 7.26% $4,539
The Huntington National Bank 55 6.95% $3,502
PRIMELENDING, A PLAINSCAPITAL COMPANY 49 7.16% $5,078
LOANDEPOT.COM, LLC 42 7.13% $4,992
QUICKEN LOANS, LLC 40 6.84% $5,611
The Park National Bank 39 6.82% $3,343
Union Savings Bank 33 6.47% $1,663
WesBanco 28 6.66% $4,110
UNITED WHOLESALE MORTGAGE, LLC 24 7.26% $5,921
Fifth Third Bank 17 6.62% $3,861
NFM, INC. 14 7.45% $6,588
PNC Bank 13 6.85% $3,260
T2 FINANCIAL LLC 11 6.61% $5,738
THRIVE MORTGAGE, LLC 10 7.03% $4,015
GUARANTEED RATE, INC. 9 6.88% $5,466
Mortgage Research Center, LLC 8 6.88% $6,211
U.S. Bank 8 6.72% $3,697
NVR Mortgage Finance, Inc. 7 6.07% $3,893
HOWARD HANNA FINANCIAL SERVICES, INC. 7 6.76% $5,027
UNION HOME MORTGAGE CORP. 7 7.27% $6,928
JPMorgan Chase Bank 7 6.93% $2,832
Farm Credit Mid-America, ACA 6 7.17% $4,605
First Financial Bank 6 6.96% $3,484
FIRST COMMUNITY MORTGAGE, INC. 6 7.33% $4,843
DAS Acquisition Company, LLC 6 6.33% $5,132
POLARIS HOME FUNDING CORP. 6 6.98% $6,223
Day Air Credit Union, Inc 6 7.10% $3,039
Wells Fargo Bank 5 6.95% $4,978
KeyBank 5 7.54% $3,251
Flagstar Bank, FSB 4 7.19% $6,320
RUOFF MORTGAGE COMPANY, INC. 4 7.75% $4,282
Western Ohio Mortgage Corporation 4 6.66% $4,101
Gateway First Bank 4 6.81% $5,041
AMERISAVE MORTGAGE CORPORATION 4 6.37% $7,703
MOVEMENT MORTGAGE, LLC 4 7.00% $5,104
Mr. Cooper ( Nationstar Mortgage ) 4 7.31% $8,640
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.66% $4,447
NAVY FEDERAL CREDIT UNION 4 7.66% $4,015
NORTHERN MORTGAGE SERVICES, LLC 4 7.25% $3,767
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.66% $6,065
Heartland Bank 3 6.38% $2,997
ROYAL UNITED MORTGAGE LLC 3 7.25% $6,757
Third Federal Savings and Loan Association of Cleveland 3 6.44% $2,913
NBKC BANK 3 7.08% $2,803
AMERICAN PACIFIC MORTGAGE CORPORATION 3 7.21% $5,505
NEWREZ LLC 3 7.71% $7,587
VANDERBILT MORTGAGE AND FINANCE, INC. 3 7.50% $7,865
RAPID MORTGAGE COMPANY 3 7.21% $5,251
EQUITY RESOURCES, INC. 3 7.17% $4,024
BROKER SOLUTIONS, INC. 2 6.44% $4,898
BETTER MORTGAGE CORPORATION 2 6.63% $4,838
Minster Bank 2 6.13% $2,953
TELHIO 2 7.13% $2,938
The Old Fort Banking Company 2 6.88% $2,877
The Merchants National Bank 2 7.06% $2,131
GSF Mortgage Corporation 2 6.31% $4,066
PENNYMAC LOAN SERVICES, LLC 2 6.50% $3,961
First National Bank of America 2 10.25% $7,143
FREEDOM MORTGAGE CORPORATION 2 6.63% $5,894
ZILLOW HOME LOANS, LLC 2 7.25% $6,198
HONDA Federal Credit Union 2 7.50% $4,049
USAA Federal Savings Bank 2 6.56% $3,542
INSPIRE HOME LOANS INC. 2 5.88% $4,130
The Union Bank Company 2 6.75% $4,261
The State Bank and Trust Company 2 6.31% $4,045
LIBERTY HOME MORTGAGE CORPORATION 2 6.56% $2,931
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 7.75% $3,438
Morgan Stanley Private Bank 1 5.45% $2,554
American Mortgage & Equity Consultants, Inc. 1 7.88% $4,402
ATLANTA POSTAL 1 7.13% $3,471
Bank of England 1 7.75% $3,293
BAYSHORE MORTGAGE FUNDING, LLC 1 6.50% $4,283
CALIBER HOME LOANS, INC. 1 6.63% $8,446
Centra Credit Union 1 5.38% $3,467
Cincinnati Federal 1 5.75% $2,967
Citadel Servicing Corporation 1 10.88% $7,807
Citibank 1 7.00% $3,228
Citizens Bank 1 6.88% $4,022
Discover Bank 1 5.99% $0
DRAPER AND KRAMER MORTGAGE CORP. 1 8.38% $6,010
Fidelity Federal Savings and Loan Association 1 6.25% $3,874
First Commonwealth Bank 1 6.63% $6,218
First Federal Bank of the Midwest 1 8.13% $2,962
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 9.25% $9,333
GUARANTEED RATE AFFINITY, LLC 1 6.88% $4,981
GUIDANCE RESIDENTIAL, LLC 1 7.38% $4,079
GUILD MORTGAGE COMPANY 1 6.38% $3,686
GVC MORTGAGE, INC. 1 7.50% $6,344
HALLMARK HOME MORTGAGE, LLC 1 7.63% $7,104
HOMESPIRE MORTGAGE CORPORATION 1 7.38% $2,675
Merchants Bank of Indiana 1 6.50% $3,389
MID AMERICA MORTGAGE, INC. 1 6.63% $5,965
1st National Bank 1 7.38% $1,903
MORTGAGE 1 INCORPORATED 1 7.63% $5,826
MY MORTGAGE, INC. 1 7.63% $6,542
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.99% $7,166
NJ LENDERS CORP. 1 6.25% $3,663
Northwest Bank 1 6.25% $5,038
PLANET HOME LENDING, LLC 1 6.88% $5,893
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.88% $3,479
Stock Yards Bank & Trust Company 1 5.50% $1,689
THE EQUITABLE MORTGAGE CORPORATION 1 6.88% $4,708
The Farmers & Merchants State Bank 1 7.13% $2,838
The Loan Store, Inc. 1 7.50% $8,961
The Richwood Banking Company 1 6.25% $2,872

SPRINGFIELD Average Closing Costs & Other Stats

SPRINGFIELD, OH's 106 lenders originated 2,524 loans during 2023. The total origination value was $361,400,000, with an average loan value of $143,185.

SPRINGFIELD's average closing costs are $4,527.

The top SPRINGFIELD lender as defined by loan originations is WRIGHT-PATT CREDIT UNION, INC., with 86 loans originated. Their average total fees are $3,312, which is $1,227 lower than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

The lowest fee SPRINGFIELD lenders (with over 10 loans originated) are Union Savings Bank ($1,663), PNC Bank ($3,260), WRIGHT-PATT CREDIT UNION, INC. ($3,312), The Park National Bank ($3,343) and The Huntington National Bank ($3,502).

The lowest rate SPRINGFIELD lenders (with over 10 loans originated) are Union Savings Bank (6.47%), T2 FINANCIAL LLC (6.61%), Fifth Third Bank (6.62%), WesBanco (6.66%) and WRIGHT-PATT CREDIT UNION, INC. (6.71%).

SPRINGFIELD, OH 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
WRIGHT-PATT CREDIT UNION, INC. $50,705,000 $32,820,000 -35.3% 9.1%
CROSSCOUNTRY MORTGAGE, LLC $9,235,000 $25,385,000 174.9% 7.0%
The Huntington National Bank $22,650,000 $20,885,000 -7.8% 5.8%
QUICKEN LOANS, LLC $29,455,000 $18,730,000 -36.4% 5.2%
New Carlisle Federal Savings Bank $16,005,000 $15,570,000 -2.7% 4.3%
The Park National Bank $19,630,000 $14,785,000 -24.7% 4.1%
LOANDEPOT.COM, LLC $9,525,000 $13,445,000 41.2% 3.7%
WesBanco $8,855,000 $13,345,000 50.7% 3.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $21,065,000 $13,235,000 -37.2% 3.7%
Union Savings Bank $14,495,000 $10,970,000 -24.3% 3.0%
Mortgage Research Center, LLC $10,730,000 $10,105,000 -5.8% 2.8%
UNITED WHOLESALE MORTGAGE, LLC $9,625,000 $9,860,000 2.4% 2.7%
NVR Mortgage Finance, Inc. $11,350,000 $7,610,000 -33.0% 2.1%
PNC Bank $11,180,000 $7,120,000 -36.3% 2.0%
Fifth Third Bank $9,910,000 $6,425,000 -35.2% 1.8%
NFM, INC. $6,745,000 $5,310,000 -21.3% 1.5%
T2 FINANCIAL LLC $14,910,000 $4,420,000 -70.4% 1.2%
THRIVE MORTGAGE, LLC $7,485,000 $4,165,000 -44.4% 1.2%
UNION HOME MORTGAGE CORP. $4,530,000 $3,815,000 -15.8% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $7,065,000 $3,680,000 -47.9% 1.0%
NEWREZ LLC $1,225,000 $3,545,000 189.4% 1.0%
U.S. Bank $5,090,000 $3,385,000 -33.5% 0.9%
GUARANTEED RATE, INC. $1,785,000 $3,065,000 71.7% 0.8%
NAVY FEDERAL CREDIT UNION $2,570,000 $2,750,000 7.0% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,310,000 $2,695,000 105.7% 0.7%
IH CREDIT UNION, INC. $2,740,000 $2,660,000 -2.9% 0.7%
MOVEMENT MORTGAGE, LLC $2,225,000 $2,555,000 14.8% 0.7%
DAS Acquisition Company, LLC $8,870,000 $2,510,000 -71.7% 0.7%
Day Air Credit Union, Inc $1,135,000 $2,420,000 113.2% 0.7%
USAA Federal Savings Bank $2,500,000 $2,385,000 -4.6% 0.7%
FREEDOM MORTGAGE CORPORATION $3,675,000 $2,295,000 -37.6% 0.6%
FIRST COMMUNITY MORTGAGE, INC. $355,000 $2,290,000 545.1% 0.6%
Flagstar Bank, FSB $2,140,000 $2,050,000 -4.2% 0.6%
JPMorgan Chase Bank $4,310,000 $2,030,000 -52.9% 0.6%
BROKER SOLUTIONS, INC. $1,540,000 $2,025,000 31.5% 0.6%
POLARIS HOME FUNDING CORP. $1,275,000 $1,780,000 39.6% 0.5%
AMERISAVE MORTGAGE CORPORATION $3,740,000 $1,770,000 -52.7% 0.5%
First Financial Bank $1,375,000 $1,580,000 14.9% 0.4%
The Richwood Banking Company $3,440,000 $1,565,000 -54.5% 0.4%
KeyBank $7,855,000 $1,510,000 -80.8% 0.4%
EQUITY RESOURCES, INC. $1,685,000 $1,445,000 -14.2% 0.4%
First Merchants Bank $5,405,000 $1,425,000 -73.6% 0.4%
HOWARD HANNA FINANCIAL SERVICES, INC. $165,000 $1,370,000 730.3% 0.4%
Minster Bank $1,365,000 n/a 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $125,000 $1,360,000 988.0% 0.4%
RUOFF MORTGAGE COMPANY, INC. $3,380,000 $1,350,000 -60.1% 0.4%
Third Federal Savings and Loan Association of Cleveland $2,105,000 $1,320,000 -37.3% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $625,000 $1,310,000 109.6% 0.4%
First Commonwealth Bank $465,000 $1,280,000 175.3% 0.4%
Discover Bank $520,000 $1,260,000 142.3% 0.3%
PENNYMAC LOAN SERVICES, LLC $2,320,000 $1,235,000 -46.8% 0.3%
Wells Fargo Bank $3,225,000 $1,225,000 -62.0% 0.3%
First Federal Bank of the Midwest $2,095,000 $1,180,000 -43.7% 0.3%
Western Ohio Mortgage Corporation $1,095,000 n/a 0.3%
VAN DYK MORTGAGE CORPORATION $1,225,000 $1,085,000 -11.4% 0.3%
Carrington Mortgage Services, LLC $1,420,000 $1,080,000 -23.9% 0.3%
HOMESIDE FINANCIAL, LLC $2,015,000 $1,075,000 -46.7% 0.3%
NEW DAY FINANCIAL, LLC $2,665,000 $1,055,000 -60.4% 0.3%
The Citizens National Bank of Bluffton $785,000 $1,015,000 29.3% 0.3%
The Union Bank Company $120,000 $1,010,000 741.7% 0.3%
HONDA Federal Credit Union $1,175,000 $970,000 -17.4% 0.3%
Gateway First Bank $995,000 $965,000 -3.0% 0.3%
Farm Credit Mid-America, ACA $3,565,000 $960,000 -73.1% 0.3%
RAPID MORTGAGE COMPANY $1,225,000 $890,000 -27.3% 0.2%
The Old Fort Banking Company $2,005,000 $875,000 -56.4% 0.2%
The State Bank and Trust Company $845,000 n/a 0.2%
Figure Lending LLC $760,000 $835,000 9.9% 0.2%
ORIX REAL ESTATE CAPITAL, LLC $825,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $350,000 $815,000 132.9% 0.2%
LIBERTY HOME MORTGAGE CORPORATION $735,000 $785,000 6.8% 0.2%
NORTHERN MORTGAGE SERVICES, LLC $545,000 $770,000 41.3% 0.2%
MID AMERICA MORTGAGE, INC. $370,000 $690,000 86.5% 0.2%
ROYAL UNITED MORTGAGE LLC $695,000 $685,000 -1.4% 0.2%
Heartland Bank $415,000 $640,000 54.2% 0.2%
Civista Bank $955,000 $635,000 -33.5% 0.2%
CLEARPATH LENDING $1,200,000 $630,000 -47.5% 0.2%
The Merchants National Bank $2,005,000 $630,000 -68.6% 0.2%
GUILD MORTGAGE COMPANY $545,000 $625,000 14.7% 0.2%
THE EQUITABLE MORTGAGE CORPORATION $620,000 $590,000 -4.8% 0.2%
Paramount Residential Mortgage Group, Inc. $205,000 $580,000 182.9% 0.2%
Charles Schwab Bank, SSB $565,000 n/a 0.2%
CMG MORTGAGE, INC. $375,000 $560,000 49.3% 0.2%
GSF Mortgage Corporation $660,000 $550,000 -16.7% 0.2%
The Federal Savings Bank $695,000 $550,000 -20.9% 0.2%
The Farmers & Merchants State Bank $4,410,000 $545,000 -87.6% 0.2%
FIRST OHIO HOME FINANCE, INC. $1,080,000 $525,000 -51.4% 0.1%
Brighton Bank $520,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $135,000 $520,000 285.2% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $635,000 $510,000 -19.7% 0.1%
KEMBA FINANCIAL $360,000 $490,000 36.1% 0.1%
TOP FLITE FINANCIAL, INC. $290,000 $485,000 67.2% 0.1%
NBKC BANK $475,000 n/a 0.1%
DOMINION FINANCIAL SERVICES, LLC $465,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $455,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $740,000 $455,000 -38.5% 0.1%
ENDEAVOR CAPITAL, LLC. $165,000 $450,000 172.7% 0.1%
Plains Commerce Bank $115,000 $445,000 287.0% 0.1%
TRIAD FINANCIAL SERVICES, INC. $580,000 $445,000 -23.3% 0.1%
Servion, Inc. $385,000 n/a 0.1%
TELHIO $110,000 $385,000 250.0% 0.1%
American Mortgage & Equity Consultants, Inc. $380,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $385,000 $380,000 -1.3% 0.1%
CHURCHILL MORTGAGE CORPORATION $495,000 $370,000 -25.3% 0.1%
Nations Lending Corporation $460,000 $370,000 -19.6% 0.1%
NATIONS RELIABLE LENDING, LLC $360,000 $350,000 -2.8% 0.1%
Cf Bank $330,000 $340,000 3.0% 0.1%
Citizens Bank $5,005,000 $340,000 -93.2% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $340,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $85,000 $340,000 300.0% 0.1%
MYCUMORTGAGE, LLC $270,000 $340,000 25.9% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $335,000 n/a 0.1%
S&T Bank $2,435,000 $335,000 -86.2% 0.1%
Coastal Community Bank $330,000 n/a 0.1%
1st National Bank $575,000 $325,000 -43.5% 0.1%
First National Bank of America $320,000 n/a 0.1%
INSPIRE HOME LOANS INC. $2,580,000 $320,000 -87.6% 0.1%
ZILLOW HOME LOANS, LLC $410,000 $320,000 -22.0% 0.1%
Hometown Equity Mortgage, LLC $105,000 $310,000 195.2% 0.1%
Pathways Financial Credit Union, Inc. $665,000 $300,000 -54.9% 0.1%
Ameris Bank $295,000 n/a 0.1%
Greenville National Bank $150,000 $295,000 96.7% 0.1%
Kingston National Bank $295,000 n/a 0.1%
NTFN, INC. $295,000 n/a 0.1%
PLANET HOME LENDING, LLC $290,000 n/a 0.1%
MIDLAND MORTGAGE CORPORATION $285,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $160,000 $280,000 75.0% 0.1%
UNIVERSAL 1 CREDIT UNION $785,000 $275,000 -65.0% 0.1%
Magnolia Bank $315,000 $265,000 -15.9% 0.1%
CIVIC FINANCIAL SERVICES, LLC $425,000 $255,000 -40.0% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $85,000 $255,000 200.0% 0.1%
AMERICAN HERITAGE LENDING, INC. $250,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $250,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $100,000 $250,000 150.0% 0.1%
FIRST ALLIANCE HOME MORTGAGE, LLC $245,000 n/a 0.1%
GUARANTEED RATE AFFINITY, LLC $400,000 $245,000 -38.8% 0.1%
AMERICAN FINANCING CORPORATION $905,000 $240,000 -73.5% 0.1%
HOMEXPRESS MORTGAGE CORP. $105,000 $235,000 123.8% 0.1%
KH NETWORK CREDIT UNION $70,000 $230,000 228.6% 0.1%
CALIBER HOME LOANS, INC. $36,935,000 $225,000 -99.4% 0.1%
Morgan Stanley Private Bank $225,000 n/a 0.1%
NJ LENDERS CORP. $225,000 n/a 0.1%
The Loan Store, Inc. $225,000 n/a 0.1%
HOMESPIRE MORTGAGE CORPORATION $85,000 $220,000 158.8% 0.1%
CARDINAL FINANCIAL $1,760,000 $215,000 -87.8% 0.1%
GUIDANCE RESIDENTIAL, LLC $215,000 n/a 0.1%
KELLER MORTGAGE, LLC $215,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $205,000 n/a 0.1%
Stock Yards Bank & Trust Company $205,000 n/a 0.1%
Fidelity Federal Savings and Loan Association $195,000 n/a 0.1%
Greenville Federal $275,000 $190,000 -30.9% 0.1%
GENEVA FINANCIAL, LLC $115,000 $170,000 47.8% 0.0%
Peoples Bank of the South $165,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $320,000 $165,000 -48.4% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $160,000 n/a 0.0%
Citadel Servicing Corporation $155,000 n/a 0.0%
FirstBank $155,000 n/a 0.0%
Northwest Bank $235,000 $155,000 -34.0% 0.0%
RELIANCE FIRST CAPITAL, LLC $1,285,000 $155,000 -87.9% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $145,000 n/a 0.0%
Cincinnati Federal $145,000 n/a 0.0%
Citibank $275,000 $145,000 -47.3% 0.0%
Merchants Bank of Indiana $230,000 $145,000 -37.0% 0.0%
Centra Credit Union $135,000 n/a 0.0%
HALLMARK HOME MORTGAGE, LLC $135,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $125,000 n/a 0.0%
OCMBC, INC. $125,000 n/a 0.0%
RIVER VALLEY CREDIT UNION, INC. $105,000 $125,000 19.0% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $125,000 n/a 0.0%
BMI Federal Credit Union $65,000 $120,000 84.6% 0.0%
SPRING EQ, LLC $90,000 $120,000 33.3% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $115,000 n/a 0.0%
ATLANTA POSTAL $105,000 n/a 0.0%
Bank of England $1,365,000 $105,000 -92.3% 0.0%
GEORGIA'S OWN $105,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $220,000 $105,000 -52.3% 0.0%
MORTGAGE 1 INCORPORATED $65,000 $105,000 61.5% 0.0%
SUMMIT FUNDING, INC. $105,000 n/a 0.0%
USAlliance Federal Credit Union $105,000 n/a 0.0%
GENERAL ELECTRIC CREDIT UNION $25,000 $100,000 300.0% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $195,000 $95,000 -51.3% 0.0%
CODE $70,000 $95,000 35.7% 0.0%
GVC MORTGAGE, INC. $170,000 $95,000 -44.1% 0.0%
MY MORTGAGE, INC. $95,000 n/a 0.0%
ALLIANT CREDIT UNION $75,000 n/a 0.0%
Bank of America $1,150,000 $65,000 -94.3% 0.0%
Independent Bank $65,000 n/a 0.0%
PHH Mortgage Corporation $380,000 $65,000 -82.9% 0.0%
CME Federal Credit Union $195,000 $55,000 -71.8% 0.0%
Tyndall Federal Credit Union $55,000 n/a 0.0%
21ST MORTGAGE CORPORATION $35,000 n/a 0.0%
BRIDGE $15,000 $35,000 133.3% 0.0%
Peoples Bank $155,000 $25,000 -83.9% 0.0%

SPRINGFIELD's top lender by overall market share is WRIGHT-PATT CREDIT UNION, INC., with 9.1% market share. In second place, with 7.0%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $25,385,000 in loans. In third place, with 5.8%, is The Huntington National Bank, having originated $20,885,000 in loans. In fourth place, with 5.2%, is QUICKEN LOANS, LLC, having originated $18,730,000 in loans. In fifth place, with 4.3%, is New Carlisle Federal Savings Bank, having originated $15,570,000 in loans.


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

Realtor.com - SPRINGFIELD (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 $97,100 (10.1%) $133,299 (2.4%) 0.39 403
2018-02-01 $97,675 (13.3%) $136,861 (3.6%) 0.37 362
2018-03-01 $93,400 (9.5%) $132,347 (-3.6%) 0.34 354
2018-04-01 $97,850 (15.3%) $134,574 (-0.7%) 0.34 343
2018-05-01 $99,375 (11.2%) $143,987 (5.6%) 0.36 368
2018-06-01 $109,900 (22.3%) $150,439 (8.8%) 0.37 387
2018-07-01 $107,225 (16.2%) $149,644 (3.6%) 0.37 387
2018-08-01 $107,169 (16.9%) $153,037 (6.4%) 0.37 400
2018-09-01 $106,000 (10.4%) $151,365 (4.0%) 0.37 403
2018-10-01 $99,475 (4.9%) $147,151 (2.9%) 0.33 421
2018-11-01 $99,900 (3.4%) $143,833 (0.9%) 0.34 414
2018-12-01 $99,900 (0.0%) $142,953 (3.9%) 0.36 376
2019-01-01 $100,550 (3.6%) $137,727 (3.3%) 0.38 297
2019-02-01 $98,350 (0.7%) $138,017 (0.8%) 0.37 268
2019-03-01 $104,636 (12.0%) $142,817 (7.9%) 0.38 255
2019-04-01 $111,475 (13.9%) $148,278 (10.2%) 0.38 243
2019-05-01 $112,400 (13.1%) $146,715 (1.9%) 0.39 259
2019-06-01 $119,900 (9.1%) $156,393 (4.0%) 0.40 249
2019-07-01 $123,325 (15.0%) $155,258 (3.8%) 0.41 283
2019-08-01 $118,295 (10.4%) $150,034 (-2.0%) 0.41 305
2019-09-01 $115,739 (9.2%) $149,172 (-1.5%) 0.41 305
2019-10-01 $114,409 (15.0%) $146,979 (-0.1%) 0.41 310
2019-11-01 $109,900 (10.0%) $142,188 (-1.1%) 0.37 321
2019-12-01 $109,900 (10.0%) $142,282 (-0.5%) 0.38 304
2020-01-01 $104,725 (4.2%) $146,436 (6.3%) 0.36 269
2020-02-01 $98,875 (0.5%) $143,230 (3.8%) 0.32 224
2020-03-01 $105,713 (1.0%) $150,260 (5.2%) 0.34 208
2020-04-01 $102,450 (-8.1%) $147,647 (-0.4%) 0.31 190
2020-05-01 $115,000 (2.3%) $157,856 (7.6%) 0.33 150
2020-06-01 $127,975 (6.7%) $174,028 (11.3%) 0.39 129
2020-07-01 $159,663 (29.5%) $186,776 (20.3%) 0.46 132
2020-08-01 $158,200 (33.7%) $185,648 (23.7%) 0.46 130
2020-09-01 $134,100 (15.9%) $175,452 (17.6%) 0.37 118
2020-10-01 $139,900 (22.3%) $179,458 (22.1%) 0.40 125
2020-11-01 $136,175 (23.9%) $181,597 (27.7%) 0.40 123
2020-12-01 $134,375 (22.3%) $180,276 (26.7%) 0.41 95
2021-01-01 $131,750 (25.8%) $178,982 (22.2%) 0.40 83
2021-02-01 $152,475 (54.2%) $177,587 (24.0%) 0.43 61
2021-03-01 $136,425 (29.1%) $181,254 (20.6%) 0.36 63
2021-04-01 $174,900 (70.7%) $200,081 (35.5%) 0.46 67
2021-05-01 $183,700 (59.7%) $208,905 (32.3%) 0.50 73
2021-06-01 $166,175 (29.9%) $186,173 (7.0%) 0.45 112
2021-07-01 $150,000 (-6.1%) $184,412 (-1.3%) 0.43 162
2021-08-01 $150,000 (-5.2%) $181,662 (-2.2%) 0.38 196
2021-09-01 $142,613 (6.4%) $175,085 (-0.2%) 0.38 179
2021-10-01 $139,950 (0.0%) $180,507 (0.6%) 0.37 178
2021-11-01 $158,675 (16.5%) $188,727 (3.9%) 0.41 179
2021-12-01 $140,575 (4.6%) $186,521 (3.5%) 0.38 168
2022-01-01 $157,900 (19.9%) $196,051 (9.5%) 0.42 120
2022-02-01 $165,875 (8.8%) $208,562 (17.4%) 0.42 93
2022-03-01 $197,200 (44.6%) $245,187 (35.3%) 0.49 77
2022-04-01 $179,950 (2.9%) $246,956 (23.4%) 0.45 77
2022-05-01 $177,250 (-3.5%) $229,428 (9.8%) 0.40 96
2022-06-01 $169,950 (2.3%) $226,163 (21.5%) 0.37 110
2022-07-01 $187,900 (25.3%) $241,726 (31.1%) 0.42 143
2022-08-01 $169,650 (13.1%) $214,506 (18.1%) 0.38 171
2022-09-01 $166,950 (17.1%) $213,339 (21.9%) 0.00 181
2022-10-01 $168,950 (20.7%) $216,417 (19.9%) 0.00 190
2022-11-01 $166,825 (5.1%) $209,174 (10.8%) 0.00 190
2022-12-01 $177,150 (26.0%) $220,687 (18.3%) 0.00 167
2023-01-01 $166,075 (5.2%) $218,383 (11.4%) 0.00 136
2023-02-01 $161,400 (-2.7%) $220,734 (5.8%) 0.00 110
2023-03-01 $172,075 (-12.7%) $234,207 (-4.5%) 0.00 96
2023-04-01 $157,250 (-12.6%) $208,525 (-15.6%) 0.00 87
2023-05-01 $145,000 (-18.2%) $209,546 (-8.7%) 0.00 85
2023-06-01 $191,150 (12.5%) $239,202 (5.8%) 0.00 89
2023-07-01 $204,500 (8.8%) $229,074 (-5.2%) 0.00 104
2023-08-01 $197,000 (16.1%) $216,637 (1.0%) 0.00 118
2023-09-01 $199,900 (19.7%) $231,252 (8.4%) 0.00 144
2023-10-01 $199,450 (18.1%) $237,717 (9.8%) 0.00 152
2023-11-01 $195,700 (17.3%) $235,699 (12.7%) 0.00 180
2023-12-01 $199,900 (12.8%) $247,662 (12.2%) 0.00 164
2024-01-01 $199,450 (20.1%) $243,480 (11.5%) 0.00 135
2024-02-01 $182,400 (13.0%) $234,807 (6.4%) 0.00 115
2024-03-01 $187,900 (9.2%) $253,000 (8.0%) 0.00 95
SPRINGFIELD's median listing price for 2024-03-01 was $187,900, a difference of $15,825 (9.2%) versus the prior year and $5,500 versus the prior month.

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

SPRINGFIELD's average listing price for 2024-03-01 was $253,000, a difference of $18,793 (8.0%) versus the prior year and $18,193 versus the prior month.

For the 2024-03-01 period, SPRINGFIELD had 95 MLS listings, a difference of -20 listings (-17%) versus the prior month and -1 listings (-1%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - SPRINGFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 89 days 1,457 sqft
2018-02-01 95 days 1,456 sqft
2018-03-01 80 days 1,452 sqft
2018-04-01 56 days 1,464 sqft
2018-05-01 53 days 1,490 sqft
2018-06-01 52 days 1,512 sqft
2018-07-01 59 days 1,503 sqft
2018-08-01 60 days 1,524 sqft
2018-09-01 54 days 1,501 sqft
2018-10-01 61 days 1,444 sqft
2018-11-01 66 days 1,419 sqft
2018-12-01 81 days 1,440 sqft
2019-01-01 88 days 1,406 sqft
2019-02-01 85 days 1,411 sqft
2019-03-01 69 days 1,450 sqft
2019-04-01 49 days 1,491 sqft
2019-05-01 44 days 1,465 sqft
2019-06-01 39 days 1,520 sqft
2019-07-01 41 days 1,510 sqft
2019-08-01 41 days 1,510 sqft
2019-09-01 45 days 1,496 sqft
2019-10-01 45 days 1,484 sqft
2019-11-01 50 days 1,435 sqft
2019-12-01 60 days 1,429 sqft
2020-01-01 70 days 1,421 sqft
2020-02-01 72 days 1,386 sqft
2020-03-01 56 days 1,450 sqft
2020-04-01 51 days 1,530 sqft
2020-05-01 62 days 1,567 sqft
2020-06-01 52 days 1,604 sqft
2020-07-01 34 days 1,650 sqft
2020-08-01 34 days 1,580 sqft
2020-09-01 31 days 1,444 sqft
2020-10-01 25 days 1,476 sqft
2020-11-01 39 days 1,478 sqft
2020-12-01 51 days 1,445 sqft
2021-01-01 55 days 1,423 sqft
2021-02-01 40 days 1,403 sqft
2021-03-01 35 days 1,402 sqft
2021-04-01 30 days 1,528 sqft
2021-05-01 31 days 1,616 sqft
2021-06-01 29 days 1,508 sqft
2021-07-01 27 days 1,512 sqft
2021-08-01 32 days 1,474 sqft
2021-09-01 40 days 1,449 sqft
2021-10-01 42 days 1,472 sqft
2021-11-01 35 days 1,460 sqft
2021-12-01 48 days 1,419 sqft
2022-01-01 74 days 1,449 sqft
2022-02-01 84 days 1,469 sqft
2022-03-01 64 days 1,519 sqft
2022-04-01 43 days 1,404 sqft
2022-05-01 31 days 1,344 sqft
2022-06-01 30 days 1,395 sqft
2022-07-01 23 days 1,420 sqft
2022-08-01 30 days 1,468 sqft
2022-09-01 0 days 1,452 sqft
2022-10-01 0 days 1,403 sqft
2022-11-01 0 days 1,425 sqft
2022-12-01 0 days 1,456 sqft
2023-01-01 0 days 1,418 sqft
2023-02-01 0 days 1,480 sqft
2023-03-01 0 days 1,467 sqft
2023-04-01 0 days 1,477 sqft
2023-05-01 0 days 1,454 sqft
2023-06-01 0 days 1,501 sqft
2023-07-01 0 days 1,624 sqft
2023-08-01 0 days 1,437 sqft
2023-09-01 0 days 1,450 sqft
2023-10-01 0 days 1,456 sqft
2023-11-01 0 days 1,397 sqft
2023-12-01 0 days 1,386 sqft
2024-01-01 0 days 1,370 sqft
2024-02-01 0 days 1,374 sqft
2024-03-01 0 days 1,364 sqft
SPRINGFIELD's median listing age (time on market) for 2024-03-01 was 0 days.

SPRINGFIELD's median square footage for active listings during the 2024-03-01 period was 1,364 sqft. One year prior, the average listing was 1,467 sqft.

SPRINGFIELD, OH Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
43010 Springfield, OH MSA $680 $770 $1,020 $1,240 $1,370
43044 Springfield, OH MSA $660 $750 $980 $1,200 $1,320
43078 Springfield, OH MSA $570 $650 $850 $1,040 $1,140
43140 Springfield, OH MSA $760 $850 $1,050 $1,290 $1,420
43153 Springfield, OH MSA $690 $770 $970 $1,190 $1,320
45312 Springfield, OH MSA $680 $750 $960 $1,260 $1,370
45314 Springfield, OH MSA $590 $660 $840 $1,100 $1,200
45316 Springfield, OH MSA $680 $760 $990 $1,260 $1,380
45319 Springfield, OH MSA $540 $610 $800 $970 $1,070
45323 Springfield, OH MSA $560 $640 $840 $1,020 $1,130
45324 Springfield, OH MSA $700 $780 $1,000 $1,310 $1,420
45341 Springfield, OH MSA $620 $700 $920 $1,120 $1,240
45344 Springfield, OH MSA $620 $710 $930 $1,140 $1,260
45349 Springfield, OH MSA $720 $810 $1,070 $1,300 $1,440
45368 Springfield, OH MSA $550 $620 $790 $1,050 $1,130
45369 Springfield, OH MSA $660 $750 $950 $1,160 $1,290
45372 Springfield, OH MSA $590 $670 $880 $1,070 $1,180
45387 Springfield, OH MSA $730 $810 $1,040 $1,360 $1,490
45501 Springfield, OH MSA $610 $690 $910 $1,110 $1,220
45502 Springfield, OH MSA $690 $780 $1,030 $1,260 $1,380
45503 Springfield, OH MSA $640 $730 $960 $1,170 $1,290
45504 Springfield, OH MSA $640 $730 $960 $1,170 $1,290
45505 Springfield, OH MSA $560 $640 $840 $1,020 $1,130
45506 Springfield, OH MSA $590 $670 $880 $1,070 $1,180

2022 Average & Median Rent Data Statistics
SPRINGFIELD, OH average 1BR rent: $721, median: $730
SPRINGFIELD, OH average 2BR rent: $936, median: $955
SPRINGFIELD, OH average 3BR rent: $1,162, median: $1,165

SPRINGFIELD, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,405 $255,935,000 $182,160
Home Improvement 336 $22,030,000 $65,565
Cash Out Refi 318 $43,810,000 $137,767
Other 253 $17,715,000 $70,020
Refi 212 $21,910,000 $103,349

Springfield's most frequently cited loan purpose was Home Purchase, with 1,405 originations. The 2nd most popular reason was Home Improvement, with 336 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 758 $132,190,000 $174,393
7-8% 696 $106,510,000 $153,032
Over 8% 663 $51,615,000 $77,851
5-6% 220 $42,510,000 $193,227
<2.5% 44 $4,110,000 $93,409
3-4% 17 $1,645,000 $96,765
4-5% 13 $3,265,000 $251,154

During 2023, Springfield's most frequently originated rate bucket was 6-7%, with 758 originations.

Loan Sizing (SPRINGFIELD, OH MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,000 $55,240,000 $55,240
$100k-200k 968 $140,690,000 $145,341
$200k-400k 492 $129,990,000 $264,207
$400k-600k 50 $23,520,000 $470,400
$600k-1000k 11 $8,025,000 $729,545
$Over $1MM 3 $3,935,000 $1,311,667

SPRINGFIELD's loan sizing saw the bucket of loans from $100,000 or less with 1,000 originations, totaling $55,240,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,042 $195,250,000 $187,380
60-80% 449 $76,625,000 $170,657
20-40% 367 $25,705,000 $70,041
Under 20% 325 $11,345,000 $34,908
40-60% 192 $23,440,000 $122,083
Over 100% 33 $9,055,000 $274,394

SPRINGFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,042 originations, totaling $195,250,000 in origination value.