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
7.21%
for the week of 2024-12-26, compared to the national average of
6.85% for the same period.
The average rate for the prior week (2024-12-19) was
6.98% and
one month ago for the week of 2024-11-21, the
average rate was 7%.
Springfield's average rate one year ago was 6.73%.
For refis of the same type during the week of 2024-12-26, the average rate
was 8.18%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-12-26 | 6.85% |
| Springfield 30 Year Fixed Rate | 2024-12-26 | 7.21% |
| Springfield 30 Year Fixed Rate Refi | 2024-12-26 | 8.18% |
| Springfield 15 Year Fixed Rate | 2024-12-26 | 5.9% |
| Springfield 15 Year Fixed Rate Refi | 2024-12-26 | 5.9% |
| Springfield 30 Year FHA | 2024-12-26 | 0.22% |
| Springfield 30 Year FHA Refi | 2024-12-26 | 0% |
| Springfield 30 Year USDA | 2024-12-26 | -0.1% |
| Springfield 30 Year USDA Refi | 2024-12-26 | -0.2% |
| Springfield 30 Year VA | 2024-12-26 | 0.28% |
| Springfield 30 Year VA Refi | 2024-12-26 | 0.1% |
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.).
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 |
| 2024-04-01 | $191,650 (21.9%) | $260,214 (24.8%) | 0.00 | 110 |
| 2024-05-01 | $214,800 (48.1%) | $272,542 (30.1%) | 0.00 | 120 |
| 2024-06-01 | $219,900 (15.0%) | $284,180 (18.8%) | 0.00 | 132 |
| 2024-07-01 | $215,575 (5.4%) | $275,064 (20.1%) | 0.00 | 154 |
| 2024-08-01 | $226,000 (14.7%) | $284,836 (31.5%) | 0.00 | 198 |
| 2024-09-01 | $225,225 (12.7%) | $280,604 (21.3%) | 0.00 | 239 |
| 2024-10-01 | $219,950 (10.3%) | $271,358 (14.2%) | 0.00 | 271 |
| 2024-11-01 | $215,000 (9.9%) | $259,979 (10.3%) | 0.00 | 272 |
SPRINGFIELD's median listing price for 2024-11-01 was $215,000, a difference of
$19,300
(9.9%) versus the prior year and
$-4,950 versus the prior month.
SPRINGFIELD's median listing price comes in at 0% of the national average.
SPRINGFIELD's average listing price for 2024-11-01 was $259,979, a difference of $24,280 (10.3%) versus the prior year and $-11,379 versus the prior month.
For the 2024-11-01 period, SPRINGFIELD had 272 MLS listings, a difference of 1 listings (0%) versus the prior month and 92 listings (51%) versus the prior year.
SPRINGFIELD's median listing price comes in at 0% of the national average.
SPRINGFIELD's average listing price for 2024-11-01 was $259,979, a difference of $24,280 (10.3%) versus the prior year and $-11,379 versus the prior month.
For the 2024-11-01 period, SPRINGFIELD had 272 MLS listings, a difference of 1 listings (0%) versus the prior month and 92 listings (51%) 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 |
| 2024-04-01 | 0 days | 1,367 sqft |
| 2024-05-01 | 0 days | 1,494 sqft |
| 2024-06-01 | 0 days | 1,497 sqft |
| 2024-07-01 | 0 days | 1,524 sqft |
| 2024-08-01 | 0 days | 1,567 sqft |
| 2024-09-01 | 0 days | 1,513 sqft |
| 2024-10-01 | 0 days | 1,497 sqft |
| 2024-11-01 | 0 days | 1,454 sqft |
SPRINGFIELD's median listing age (time on market) for 2024-11-01 was 0 days.
SPRINGFIELD's median square footage for active listings during the 2024-11-01 period was 1,454 sqft. One year prior, the average listing was 1,397 sqft.
SPRINGFIELD's median square footage for active listings during the 2024-11-01 period was 1,454 sqft. One year prior, the average listing was 1,397 sqft.
SPRINGFIELD, OH Average Rent (2023)
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| 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.