Urbana Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Urbana averaged 7.21% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.26% and one month ago for the week of 2023-10-19, the average rate was 7.25%.

Urbana's average rate one year ago was 6.63%.

For refis of the same type during the week of 2023-11-22, the average rate was 7.39%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Urbana 30 Year Fixed Rate 2023-11-22 7.21%
Urbana 30 Year Fixed Rate Refi 2023-11-22 7.39%
Urbana 15 Year Fixed Rate 2023-11-22 6.67%
Urbana 15 Year Fixed Rate Refi 2023-11-22 7.07%
Urbana 30 Year FHA 2023-11-22 -0.28%
Urbana 30 Year FHA Refi 2023-11-22 0.1%
Urbana 30 Year USDA 2023-11-22 0.2%
Urbana 30 Year USDA Refi 2023-11-22 0.1%
Urbana 30 Year VA 2023-11-22 -0.2%
Urbana 30 Year VA Refi 2023-11-22 -0.2%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Urbana, OH.

Urbana 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 Urbana, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 36 5.43% $5,508
WRIGHT-PATT CREDIT UNION, INC. 30 4.98% $2,495
CALIBER HOME LOANS, INC. 20 4.86% $3,732
UNION HOME MORTGAGE CORP. 15 5.81% $5,175
The Huntington National Bank 13 4.99% $4,326
The Park National Bank 10 4.74% $3,301
CROSSCOUNTRY MORTGAGE, LLC 9 5.69% $7,592
Fifth Third Bank 9 5.21% $3,517
LOANDEPOT.COM, LLC 8 5.07% $5,468
T2 FINANCIAL LLC 8 5.70% $4,756
Union Savings Bank 7 4.34% $1,188
JPMorgan Chase Bank 7 4.35% $3,855
HONDA Federal Credit Union 7 4.07% $4,349
UNITED WHOLESALE MORTGAGE, LLC 7 4.70% $5,997
NFM, INC. 6 5.81% $7,151
THRIVE MORTGAGE, LLC 6 5.63% $5,325
Farm Credit Mid-America, ACA 6 5.15% $7,411
U.S. Bank 5 5.35% $3,115
Civista Bank 5 4.55% $3,612
The Farmers & Merchants State Bank 4 5.47% $3,682
HOMESIDE FINANCIAL, LLC 4 4.50% $4,189
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 4.97% $4,238
Mr. Cooper ( Nationstar Mortgage ) 3 4.71% $5,300
AMERISAVE MORTGAGE CORPORATION 3 4.38% $7,290
PENNYMAC LOAN SERVICES, LLC 3 5.63% $3,639
AMERICAN MORTGAGE SERVICE COMPANY 3 4.42% $4,709
The Richwood Banking Company 3 4.79% $3,474
Wells Fargo Bank 3 4.29% $3,831
HOME POINT FINANCIAL CORPORATION 3 5.33% $5,050
Hometown Lenders, Inc. 3 6.00% $8,986
GUARANTEED RATE AFFINITY, LLC 2 5.50% $3,626
PNC Bank 2 3.88% $3,930
Third Federal Savings and Loan Association of Cleveland 2 3.92% $90
Citizens Bank 2 5.13% $4,556
AMERIFIRST FINANCIAL CORPORATION 2 5.44% $5,286
BROKER SOLUTIONS, INC. 2 4.87% $5,609
ENDEAVOR CAPITAL, LLC. 2 6.69% $6,191
LAKEVIEW LOAN SERVICING, LLC 2 5.13% $6,388
LAND HOME FINANCIAL SERVICES, INC. 2 3.94% $3,883
FREEDOM MORTGAGE CORPORATION 2 3.69% $5,840
EQUITY RESOURCES, INC. 2 4.69% $2,920
GUARANTEED RATE, INC. 2 4.35% $5,343
Flagstar Bank, FSB 2 5.51% $3,694
M&T Bank 1 3.13% $3,690
BETTER MORTGAGE CORPORATION 1 3.75% $4,554
BMI Federal Credit Union 1 4.88% $2,617
CARDINAL FINANCIAL 1 4.25% $4,714
Carrington Mortgage Services, LLC 1 3.25% $3,721
Chicago Mortgage Solutions LLC 1 4.33% $4,450
Discover Bank 1 7.49% $0
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 5.49% $6,503
First Financial Bank 1 6.38% $4,231
FIRST OHIO HOME FINANCE, INC. 1 7.50% $3,178
GENEVA FINANCIAL, LLC 1 6.63% $6,717
GSF Mortgage Corporation 1 3.38% $3,764
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.99% $7,535
Independent Bank 1 5.13% $4,745
KEMBA FINANCIAL 1 7.63% $3,206
KeyBank 1 2.88% $2,642
MEMBER FIRST MORTGAGE, LLC 1 3.75% $3,277
Mercantile Bank of Michigan 1 4.50% $3,331
AMERICAN FINANCING CORPORATION 1 5.00% $5,308
Nations Lending Corporation 1 6.75% $3,466
Northwest Bank 1 3.88% $4,043
PHH Mortgage Corporation 1 5.88% $4,546
PROVIDENT FUNDING ASSOCIATES, L.P. 1 4.63% $5,791
SUCCESS MORTGAGE PARTNERS, INC. 1 4.75% $3,807
TELHIO 1 3.50% $2,763
The Union Bank Company 1 3.25% $7,957
USAA Federal Savings Bank 1 5.50% $3,554
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.75% $7,787

Urbana Average Closing Costs & Other Stats

Urbana, OH's 71 lenders originated 977 loans during 2022. The total origination value was $149,735,000, with an average loan value of $153,260.

Urbana's average closing costs are $4,604.

The top Urbana lender as defined by loan originations is QUICKEN LOANS, LLC, with 36 loans originated. Their average total fees are $5,508, which is $3,012 higher than the next largest lender, WRIGHT-PATT CREDIT UNION, INC..

The lowest fee Urbana lenders (with over 10 loans originated) are WRIGHT-PATT CREDIT UNION, INC. ($2,495), The Park National Bank ($3,301), CALIBER HOME LOANS, INC. ($3,732), The Huntington National Bank ($4,326) and UNION HOME MORTGAGE CORP. ($5,175).

The lowest rate Urbana lenders (with over 10 loans originated) are The Park National Bank (4.74%), CALIBER HOME LOANS, INC. (4.86%), WRIGHT-PATT CREDIT UNION, INC. (4.98%), The Huntington National Bank (4.99%) and QUICKEN LOANS, LLC (5.43%).

Urbana, 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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
WRIGHT-PATT CREDIT UNION, INC. $17,685,000 $15,135,000 -14.4% 10.1%
QUICKEN LOANS, LLC $22,750,000 $11,815,000 -48.1% 7.9%
CALIBER HOME LOANS, INC. $13,790,000 $7,540,000 -45.3% 5.0%
UNION HOME MORTGAGE CORP. $5,570,000 $6,240,000 12.0% 4.2%
The Huntington National Bank $7,460,000 $5,465,000 -26.7% 3.6%
HONDA Federal Credit Union $5,680,000 $5,040,000 -11.3% 3.4%
Mortgage Research Center, LLC $2,885,000 $4,810,000 66.7% 3.2%
CROSSCOUNTRY MORTGAGE, LLC $5,535,000 $4,495,000 -18.8% 3.0%
Fifth Third Bank $5,005,000 $4,495,000 -10.2% 3.0%
The Park National Bank $8,755,000 $3,830,000 -56.3% 2.6%
NFM, INC. $1,905,000 $3,760,000 97.4% 2.5%
The Farmers & Merchants State Bank $10,770,000 $2,460,000 -77.2% 1.6%
LOANDEPOT.COM, LLC $5,875,000 $2,435,000 -58.6% 1.6%
HOME POINT FINANCIAL CORPORATION $2,305,000 $2,275,000 -1.3% 1.5%
T2 FINANCIAL LLC $3,150,000 $2,275,000 -27.8% 1.5%
THRIVE MORTGAGE, LLC $2,905,000 $2,245,000 -22.7% 1.5%
Union Savings Bank $6,355,000 $2,190,000 -65.5% 1.5%
UNITED WHOLESALE MORTGAGE, LLC $1,260,000 $2,130,000 69.0% 1.4%
Civista Bank $4,330,000 $2,065,000 -52.3% 1.4%
Farm Credit Mid-America, ACA $2,430,000 $2,010,000 -17.3% 1.3%
New Carlisle Federal Savings Bank $1,075,000 $1,840,000 71.2% 1.2%
HOMESIDE FINANCIAL, LLC $1,305,000 $1,685,000 29.1% 1.1%
U.S. Bank $1,930,000 $1,445,000 -25.1% 1.0%
FREEDOM MORTGAGE CORPORATION $5,305,000 $1,440,000 -72.9% 1.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,860,000 $1,385,000 -25.5% 0.9%
PENNYMAC LOAN SERVICES, LLC $2,285,000 $1,355,000 -40.7% 0.9%
WesBanco Bank, Inc. $2,430,000 $1,305,000 -46.3% 0.9%
NAVY FEDERAL CREDIT UNION $1,115,000 $1,270,000 13.9% 0.8%
JPMorgan Chase Bank $2,565,000 $1,255,000 -51.1% 0.8%
BROKER SOLUTIONS, INC. $1,025,000 $1,240,000 21.0% 0.8%
PNC Bank $1,160,000 $1,200,000 3.4% 0.8%
Carrington Mortgage Services, LLC $1,615,000 $1,180,000 -26.9% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,410,000 $1,150,000 -18.4% 0.8%
The Richwood Banking Company $1,715,000 $1,145,000 -33.2% 0.8%
Hometown Lenders, Inc. $105,000 $1,115,000 961.9% 0.7%
Flagstar Bank, FSB $2,115,000 $1,035,000 -51.1% 0.7%
GUARANTEED RATE AFFINITY, LLC $765,000 $1,015,000 32.7% 0.7%
AMERICAN MORTGAGE SERVICE COMPANY $760,000 $995,000 30.9% 0.7%
First Federal Bank of the Midwest $1,050,000 $965,000 -8.1% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $2,375,000 $940,000 -60.4% 0.6%
Citizens Bank $680,000 $925,000 36.0% 0.6%
Evolve Bank & Trust $1,545,000 $920,000 -40.5% 0.6%
VANDERBILT MORTGAGE AND FINANCE, INC. $825,000 n/a 0.6%
IH CREDIT UNION, INC. $1,125,000 $810,000 -28.0% 0.5%
GUARANTEED RATE, INC. $910,000 $795,000 -12.6% 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $845,000 $755,000 -10.7% 0.5%
Third Federal Savings and Loan Association of Cleveland $555,000 $730,000 31.5% 0.5%
Bank of America $95,000 $720,000 657.9% 0.5%
Greenville National Bank $670,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $1,575,000 $655,000 -58.4% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,455,000 $630,000 -56.7% 0.4%
NEW DAY FINANCIAL, LLC $1,120,000 $595,000 -46.9% 0.4%
1ST SIGNATURE LENDING, LLC $580,000 n/a 0.4%
EQUITY RESOURCES, INC. $2,780,000 $575,000 -79.3% 0.4%
Wells Fargo Bank $1,955,000 $570,000 -70.8% 0.4%
Nations Lending Corporation $300,000 $565,000 88.3% 0.4%
Cf Bank $560,000 n/a 0.4%
Belmont Savings Bank $555,000 n/a 0.4%
Greenville Federal $525,000 n/a 0.4%
NEWREZ LLC $1,565,000 $525,000 -66.5% 0.4%
KeyBank $600,000 $500,000 -16.7% 0.3%
First Financial Bank $245,000 $490,000 100.0% 0.3%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $125,000 $485,000 288.0% 0.3%
RUOFF MORTGAGE COMPANY, INC. $1,660,000 $440,000 -73.5% 0.3%
DAS Acquisition Company, LLC $895,000 $430,000 -52.0% 0.3%
ENDEAVOR CAPITAL, LLC. $430,000 n/a 0.3%
AG Credit, Agricultural Credit Association $425,000 n/a 0.3%
Mercantile Bank of Michigan $420,000 n/a 0.3%
VILLAGE CAPITAL MORTGAGE $500,000 $415,000 -17.0% 0.3%
First Federal Community Bank of Bucyrus $1,950,000 $405,000 -79.2% 0.3%
Amerifirst Financial, Inc. $395,000 n/a 0.3%
The Union Bank Company $925,000 $390,000 -57.8% 0.3%
Cincinnati Federal $375,000 n/a 0.3%
KEMBA FINANCIAL $960,000 $370,000 -61.5% 0.2%
LAND HOME FINANCIAL SERVICES, INC. $360,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $1,205,000 $360,000 -70.1% 0.2%
FIRST OHIO HOME FINANCE, INC. $630,000 $340,000 -46.0% 0.2%
NATIONWIDE MORTGAGE BANKERS, INC. $325,000 n/a 0.2%
AMERIFIRST FINANCIAL CORPORATION $320,000 n/a 0.2%
GENEVA FINANCIAL, LLC $315,000 n/a 0.2%
NTFN, INC. $145,000 $315,000 117.2% 0.2%
Paramount Residential Mortgage Group, Inc. $355,000 $305,000 -14.1% 0.2%
AMERICAN FINANCING CORPORATION $245,000 $290,000 18.4% 0.2%
Monroe Federal Savings and Loan Association $285,000 n/a 0.2%
SUMMIT FUNDING, INC. $285,000 n/a 0.2%
Discover Bank $230,000 $275,000 19.6% 0.2%
Pathways Financial Credit Union, Inc. $970,000 $270,000 -72.2% 0.2%
NP, Inc. $265,000 n/a 0.2%
M&T Bank $115,000 $260,000 126.1% 0.2%
SUN WEST MORTGAGE COMPANY, INC. $255,000 n/a 0.2%
CHURCHILL MORTGAGE CORPORATION $575,000 $250,000 -56.5% 0.2%
CityWorth Mortgage LLC $245,000 n/a 0.2%
Northwest Bank $1,025,000 $245,000 -76.1% 0.2%
ROSS MORTGAGE CORPORATION $245,000 n/a 0.2%
THE EQUITABLE MORTGAGE CORPORATION $895,000 $245,000 -72.6% 0.2%
TOP FLITE FINANCIAL, INC. $125,000 $245,000 96.0% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $735,000 $230,000 -68.7% 0.2%
Transportation Federal Credit Union $230,000 n/a 0.2%
BMI Federal Credit Union $630,000 $220,000 -65.1% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $205,000 n/a 0.1%
EVERETT FINANCIAL, INC. $145,000 $185,000 27.6% 0.1%
Independent Bank $305,000 $185,000 -39.3% 0.1%
Ixonia Bank $185,000 n/a 0.1%
J. VIRGIL, INC. $185,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $275,000 $185,000 -32.7% 0.1%
USAA Federal Savings Bank $185,000 n/a 0.1%
SPRING EQ, LLC $170,000 n/a 0.1%
TELHIO $770,000 $170,000 -77.9% 0.1%
MORTGAGE 1 INCORPORATED $165,000 n/a 0.1%
SOUTHWEST FUNDING, LP $165,000 n/a 0.1%
The Federal Savings Bank $460,000 $155,000 -66.3% 0.1%
Truist $155,000 n/a 0.1%
Gateway First Bank $105,000 $150,000 42.9% 0.1%
NBKC BANK $145,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,000,000 $145,000 -85.5% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $145,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $200,000 $145,000 -27.5% 0.1%
UNIVERSAL 1 CREDIT UNION $240,000 $145,000 -39.6% 0.1%
21ST MORTGAGE CORPORATION $315,000 $135,000 -57.1% 0.1%
Citibank $135,000 n/a 0.1%
Superior Credit Union, Inc. $135,000 n/a 0.1%
GSF Mortgage Corporation $95,000 $125,000 31.6% 0.1%
POLARIS HOME FUNDING CORP. $175,000 $125,000 -28.6% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $1,790,000 $105,000 -94.1% 0.1%
Liberty National Bank $4,135,000 $105,000 -97.5% 0.1%
PLANET HOME LENDING, LLC $115,000 $105,000 -8.7% 0.1%
BETTER MORTGAGE CORPORATION $990,000 $95,000 -90.4% 0.1%
MEMBER FIRST MORTGAGE, LLC $95,000 n/a 0.1%
Chicago Mortgage Solutions LLC $75,000 n/a 0.1%
Figure Lending LLC $15,000 $75,000 400.0% 0.1%
LENDINGHOME FUNDING CORPORATION $75,000 n/a 0.1%
PHH Mortgage Corporation $205,000 $75,000 -63.4% 0.1%
UBS Bank USA $75,000 n/a 0.1%
Day Air Credit Union, Inc $400,000 $70,000 -82.5% 0.0%
AMERICAN ADVISORS GROUP $65,000 n/a 0.0%
Lakeview Community Capital, LLC $25,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $25,000 n/a 0.0%

Urbana's top lender by overall market share is WRIGHT-PATT CREDIT UNION, INC., with 10.1% market share. In second place, with 7.9%, is QUICKEN LOANS, LLC, having originated $11,815,000 in loans. In third place, with 5.0%, is CALIBER HOME LOANS, INC., having originated $7,540,000 in loans. In fourth place, with 4.2%, is UNION HOME MORTGAGE CORP., having originated $6,240,000 in loans. In fifth place, with 3.6%, is The Huntington National Bank, having originated $5,465,000 in loans.


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

Realtor.com - Urbana (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 $106,500 (-6.5%) $129,114 (-8.2%) 0.00 99
2018-02-01 $109,375 (-0.5%) $138,221 (0.1%) 0.00 103
2018-03-01 $109,500 (-2.6%) $136,573 (-4.4%) 0.00 93
2018-04-01 $108,125 (-9.8%) $140,887 (-6.4%) 0.00 90
2018-05-01 $123,950 (2.5%) $156,632 (6.8%) 0.00 88
2018-06-01 $138,450 (13.1%) $189,463 (26.1%) 0.00 89
2018-07-01 $136,200 (16.4%) $178,449 (22.9%) 0.00 115
2018-08-01 $132,600 (5.9%) $172,573 (20.8%) 0.00 119
2018-09-01 $139,000 (24.2%) $177,437 (31.5%) 0.00 117
2018-10-01 $126,475 (15.0%) $172,153 (27.1%) 0.00 115
2018-11-01 $129,400 (21.5%) $191,222 (48.6%) 0.00 113
2018-12-01 $117,000 (6.9%) $198,602 (51.7%) 0.00 100
2019-01-01 $118,200 (11.0%) $187,396 (45.1%) 0.00 62
2019-02-01 $147,725 (35.1%) $187,905 (36.0%) 0.00 63
2019-03-01 $153,800 (40.5%) $187,606 (37.4%) 0.00 65
2019-04-01 $159,450 (47.5%) $185,442 (31.6%) 0.00 68
2019-05-01 $159,900 (29.0%) $184,140 (17.6%) 0.00 89
2019-06-01 $168,900 (22.0%) $197,202 (4.1%) 0.00 93
2019-07-01 $157,425 (15.6%) $190,567 (6.8%) 0.00 94
2019-08-01 $153,518 (15.8%) $188,835 (9.4%) 0.00 90
2019-09-01 $151,370 (8.9%) $185,574 (4.6%) 0.00 95
2019-10-01 $155,039 (22.6%) $183,400 (6.5%) 0.00 99
2019-11-01 $148,400 (14.7%) $188,715 (-1.3%) 0.00 88
2019-12-01 $145,250 (24.2%) $181,335 (-8.7%) 0.00 79
2020-01-01 $141,450 (19.7%) $172,579 (-7.9%) 0.00 71
2020-02-01 $145,500 (-1.5%) $169,174 (-10.0%) 0.00 68
2020-03-01 $142,000 (-7.7%) $174,274 (-7.1%) 0.00 63
2020-04-01 $159,900 (0.3%) $187,293 (1.0%) 0.00 57
2020-05-01 $169,900 (6.3%) $210,847 (14.5%) 0.00 52
2020-06-01 $173,350 (2.6%) $228,070 (15.7%) 0.00 47
2020-07-01 $210,700 (33.8%) $255,727 (34.2%) 0.00 45
2020-08-01 $203,500 (32.6%) $256,631 (35.9%) 0.00 32
2020-09-01 $179,725 (18.7%) $210,357 (13.4%) 0.00 31
2020-10-01 $194,000 (25.1%) $237,855 (29.7%) 0.00 30
2020-11-01 $173,650 (17.0%) $240,951 (27.7%) 0.00 33
2020-12-01 $167,725 (15.5%) $233,811 (28.9%) 0.00 33
2021-01-01 $164,950 (16.6%) $234,651 (36.0%) 0.00 28
2021-02-01 $177,150 (21.8%) $237,331 (40.3%) 0.00 19
2021-03-01 $179,150 (26.2%) $217,742 (24.9%) 0.00 24
2021-04-01 $189,450 (18.5%) $220,535 (17.8%) 0.00 26
2021-05-01 $174,450 (2.7%) $190,247 (-9.8%) 0.00 21
2021-06-01 $185,978 (7.3%) $303,533 (33.1%) 0.00 29
2021-07-01 $174,500 (-17.2%) $490,601 (91.9%) 0.00 42
2021-08-01 $174,950 (-14.0%) $403,170 (57.1%) 0.00 61
2021-09-01 $174,950 (-2.7%) $387,085 (84.0%) 0.00 57
2021-10-01 $175,000 (-9.8%) $386,386 (62.5%) 0.00 52
2021-11-01 $185,813 (7.0%) $385,605 (60.0%) 0.00 61
2021-12-01 $174,950 (4.3%) $433,797 (85.5%) 0.00 47
2022-01-01 $170,000 (3.1%) $518,559 (121.0%) 0.00 31
2022-02-01 $183,700 (3.7%) $654,496 (175.8%) 0.00 25
2022-03-01 $217,400 (21.4%) $603,881 (177.3%) 0.00 26
2022-04-01 $244,900 (29.3%) $565,673 (156.5%) 0.00 34
2022-05-01 $221,050 (26.7%) $536,909 (182.2%) 0.00 40
2022-06-01 $222,400 (19.6%) $446,784 (47.2%) 0.00 51
2022-07-01 $224,500 (28.7%) $437,428 (-10.8%) 0.00 58
2022-08-01 $229,450 (31.2%) $468,301 (16.2%) 0.00 53
2022-09-01 $246,478 (40.9%) $503,182 (30.0%) 0.00 49
2022-10-01 $229,450 (31.1%) $480,720 (24.4%) 0.00 55
2022-11-01 $212,400 (14.3%) $420,480 (9.0%) 0.00 67
2022-12-01 $209,450 (19.7%) $453,001 (4.4%) 0.00 57
2023-01-01 $217,450 (27.9%) $355,954 (-31.4%) 0.00 37
2023-02-01 $216,250 (17.7%) $294,056 (-55.1%) 0.00 26
2023-03-01 $210,975 (-3.0%) $277,272 (-54.1%) 0.00 26
2023-04-01 $199,900 (-18.4%) $315,649 (-44.2%) 0.00 27
2023-05-01 $198,450 (-10.2%) $307,836 (-42.7%) 0.00 37
2023-06-01 $252,200 (13.4%) $618,774 (38.5%) 0.00 37
2023-07-01 $215,000 (-4.2%) $562,307 (28.6%) 0.00 42
2023-08-01 $267,175 (16.4%) $540,977 (15.5%) 0.00 51
2023-09-01 $282,450 (14.6%) $602,976 (19.8%) 0.00 45
2023-10-01 $269,000 (17.2%) $489,163 (1.8%) 0.00 57
Urbana's median listing price for 2023-10-01 was $269,000, a difference of $39,550 (17.2%) versus the prior year and $-13,450 versus the prior month.

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

Urbana's average listing price for 2023-10-01 was $489,163, a difference of $8,443 (1.8%) versus the prior year and $-113,813 versus the prior month.

For the 2023-10-01 period, Urbana had 57 MLS listings, a difference of 12 listings (27%) versus the prior month and 2 listings (4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Urbana (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,777 sqft
2018-02-01 0 days 1,850 sqft
2018-03-01 0 days 1,806 sqft
2018-04-01 0 days 1,788 sqft
2018-05-01 0 days 1,716 sqft
2018-06-01 0 days 1,920 sqft
2018-07-01 0 days 1,806 sqft
2018-08-01 0 days 1,799 sqft
2018-09-01 0 days 1,836 sqft
2018-10-01 0 days 1,682 sqft
2018-11-01 0 days 1,632 sqft
2018-12-01 0 days 1,610 sqft
2019-01-01 0 days 1,588 sqft
2019-02-01 0 days 1,619 sqft
2019-03-01 0 days 1,720 sqft
2019-04-01 0 days 1,773 sqft
2019-05-01 0 days 1,593 sqft
2019-06-01 0 days 1,682 sqft
2019-07-01 0 days 1,644 sqft
2019-08-01 0 days 1,698 sqft
2019-09-01 0 days 1,756 sqft
2019-10-01 0 days 1,792 sqft
2019-11-01 0 days 1,706 sqft
2019-12-01 0 days 1,680 sqft
2020-01-01 0 days 1,615 sqft
2020-02-01 0 days 1,620 sqft
2020-03-01 0 days 1,656 sqft
2020-04-01 0 days 1,684 sqft
2020-05-01 0 days 1,760 sqft
2020-06-01 0 days 2,126 sqft
2020-07-01 0 days 2,215 sqft
2020-08-01 0 days 2,189 sqft
2020-09-01 0 days 1,742 sqft
2020-10-01 0 days 1,946 sqft
2020-11-01 0 days 1,817 sqft
2020-12-01 0 days 1,786 sqft
2021-01-01 0 days 1,896 sqft
2021-02-01 0 days 1,794 sqft
2021-03-01 0 days 1,728 sqft
2021-04-01 0 days 1,693 sqft
2021-05-01 0 days 1,671 sqft
2021-06-01 0 days 1,711 sqft
2021-07-01 0 days 1,634 sqft
2021-08-01 0 days 1,696 sqft
2021-09-01 0 days 1,677 sqft
2021-10-01 0 days 1,684 sqft
2021-11-01 0 days 1,645 sqft
2021-12-01 0 days 1,784 sqft
2022-01-01 0 days 1,879 sqft
2022-02-01 0 days 1,837 sqft
2022-03-01 0 days 1,871 sqft
2022-04-01 0 days 1,952 sqft
2022-05-01 0 days 1,892 sqft
2022-06-01 0 days 1,617 sqft
2022-07-01 0 days 1,684 sqft
2022-08-01 0 days 1,683 sqft
2022-09-01 0 days 1,759 sqft
2022-10-01 0 days 1,723 sqft
2022-11-01 0 days 1,686 sqft
2022-12-01 0 days 1,660 sqft
2023-01-01 0 days 1,722 sqft
2023-02-01 0 days 1,658 sqft
2023-03-01 0 days 1,644 sqft
2023-04-01 0 days 1,639 sqft
2023-05-01 0 days 1,641 sqft
2023-06-01 0 days 1,729 sqft
2023-07-01 0 days 1,651 sqft
2023-08-01 0 days 1,859 sqft
2023-09-01 0 days 1,879 sqft
2023-10-01 0 days 1,920 sqft
Urbana's median listing age (time on market) for 2023-10-01 was 0 days.

Urbana's median square footage for active listings during the 2023-10-01 period was 1,920 sqft. One year prior, the average listing was 1,723 sqft.

Urbana, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 458 $90,150,000 $196,834
Cash Out Refi 224 $32,990,000 $147,277
Home Improvement 115 $7,585,000 $65,957
Refi 96 $12,760,000 $132,917
Other 84 $6,250,000 $74,405

Urbana's most frequently cited loan purpose was Home Purchase, with 458 originations. The 2nd most popular reason was Cash Out Refi, with 224 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 237 $34,225,000 $144,409
5-6% 216 $35,910,000 $166,250
4-5% 202 $34,750,000 $172,030
6-7% 140 $21,480,000 $153,429
7-8% 55 $6,325,000 $115,000
2.5-3% 47 $7,675,000 $163,298
Over 8% 28 $1,710,000 $61,071
<2.5% 25 $2,795,000 $111,800

During 2022, Urbana's most frequently originated rate bucket was 3-4%, with 237 originations.

Loan Sizing (Urbana, OH MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 431 $63,765,000 $147,947
$100,000 or less 311 $17,795,000 $57,219
$200k-400k 214 $57,180,000 $267,196
$400k-600k 18 $8,730,000 $485,000
$600k-1000k 2 $1,260,000 $630,000
$Over $1MM 1 $1,005,000 $1,005,000

Urbana's loan sizing saw the bucket of loans from $100k-200k with 431 originations, totaling $63,765,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 366 $73,430,000 $200,628
60-80% 208 $36,380,000 $174,904
20-40% 138 $10,520,000 $76,232
40-60% 112 $13,750,000 $122,768
Under 20% 99 $3,645,000 $36,818
Over 100% 18 $5,130,000 $285,000

Urbana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 366 originations, totaling $73,430,000 in origination value.