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 6.14% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.4% and one month ago for the week of 2024-08-29, the average rate was 6.37%.

Urbana's average rate one year ago was 7.53%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.22%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Urbana 30 Year Fixed Rate 2024-10-03 6.14%
Urbana 30 Year Fixed Rate Refi 2024-10-03 6.22%
Urbana 15 Year Fixed Rate 2024-10-03 5.15%
Urbana 15 Year Fixed Rate Refi 2024-10-03 5.85%
Urbana 30 Year FHA 2024-10-03 6%
Urbana 30 Year FHA Refi 2024-10-03 5.69%
Urbana 30 Year USDA 2024-10-03 5.97%
Urbana 30 Year USDA Refi 2024-10-03 6.17%
Urbana 30 Year VA 2024-10-03 5.5%
Urbana 30 Year VA Refi 2024-10-03 5.6%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 22 7.01% $5,370
CROSSCOUNTRY MORTGAGE, LLC 18 7.15% $4,949
WRIGHT-PATT CREDIT UNION, INC. 16 6.92% $2,833
The Huntington National Bank 11 6.92% $5,582
UNITED WHOLESALE MORTGAGE, LLC 11 6.40% $7,219
The Park National Bank 11 7.05% $3,112
UNION HOME MORTGAGE CORP. 9 6.93% $4,728
JPMorgan Chase Bank 8 7.00% $4,741
HONDA Federal Credit Union 8 6.63% $4,153
Farm Credit Mid-America, ACA 8 7.36% $5,229
Civista Bank 5 6.85% $3,564
The Union Bank Company 4 6.56% $3,688
Fifth Third Bank 4 6.85% $2,764
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 7.28% $5,262
LOANDEPOT.COM, LLC 4 7.22% $4,960
HOWARD HANNA FINANCIAL SERVICES, INC. 3 7.06% $4,038
GUARANTEED RATE, INC. 3 6.05% $7,234
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.33% $5,266
NEWREZ LLC 3 7.00% $5,517
Third Federal Savings and Loan Association of Cleveland 3 5.92% $2,240
NFM, INC. 3 7.25% $5,109
PENNYMAC LOAN SERVICES, LLC 3 6.63% $3,304
PNC Bank 3 6.67% $3,568
WesBanco 3 6.79% $4,716
Merchants Bank of Indiana 2 6.25% $5,633
U.S. Bank 2 7.81% $3,594
RUOFF MORTGAGE COMPANY, INC. 2 6.50% $4,663
Union Savings Bank 2 6.31% $1,210
MOVEMENT MORTGAGE, LLC 2 6.50% $5,761
Mr. Cooper ( Nationstar Mortgage ) 2 7.00% $8,412
THE EQUITABLE MORTGAGE CORPORATION 2 6.56% $5,591
DAS Acquisition Company, LLC 2 7.37% $5,230
T2 FINANCIAL LLC 2 6.50% $3,274
EQUITY RESOURCES, INC. 2 6.50% $2,827
Western Ohio Mortgage Corporation 2 6.88% $3,939
BROKER SOLUTIONS, INC. 1 7.38% $4,411
Bank of America 1 7.63% $3,017
USAA Federal Savings Bank 1 6.88% $4,071
Wells Fargo Bank 1 7.88% $4,745
American Midwest Mortgage Corporation 1 6.50% $6,872
COMPASS MORTGAGE, INC. 1 7.38% $3,311
Fidelity Federal Savings and Loan Association 1 6.25% $3,600
FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.63% $9,673
FIRST COMMUNITY MORTGAGE, INC. 1 7.00% $15,520
GSF Mortgage Corporation 1 6.00% $5,845
GUARANTEED RATE AFFINITY, LLC 1 6.13% $4,693
Guardian Savings Bank, A Federal Savings Bank 1 6.25% $5,974
HOMESIDE FINANCIAL, LLC 1 7.50% $7,560
COMMUNITY MORTGAGE FUNDING, LLC 1 6.38% $4,573
1st National Bank 1 7.00% $4,421
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $9,142
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.49% $8,494
Neighborhood Loans, Inc. 1 8.38% $5,722
CHURCHILL MORTGAGE CORPORATION 1 6.88% $4,015
ROYAL UNITED MORTGAGE LLC 1 6.25% $6,907
SIBCY CLINE MORTGAGE SERVICES, INC. 1 6.88% $3,066
Superior Credit Union, Inc. 1 6.38% $3,082
TELHIO 1 6.00% $8,284
The Community Bank 1 7.38% $3,536
Carrington Mortgage Services, LLC 1 5.63% $10,353
The Old Fort Banking Company 1 6.50% $3,128
CALIBER HOME LOANS, INC. 1 6.88% $3,854
The Richwood Banking Company 1 7.38% $6,431

Urbana Average Closing Costs & Other Stats

Urbana, OH's 63 lenders originated 734 loans during 2023. The total origination value was $116,550,000, with an average loan value of $158,787.

Urbana's average closing costs are $4,817.

The top Urbana lender as defined by loan originations is QUICKEN LOANS, LLC, with 22 loans originated. Their average total fees are $5,370, which is $421 higher than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

The lowest fee Urbana lenders (with over 10 loans originated) are WRIGHT-PATT CREDIT UNION, INC. ($2,833), The Park National Bank ($3,112), CROSSCOUNTRY MORTGAGE, LLC ($4,949), QUICKEN LOANS, LLC ($5,370) and The Huntington National Bank ($5,582).

The lowest rate Urbana lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (6.40%), The Huntington National Bank (6.92%), WRIGHT-PATT CREDIT UNION, INC. (6.92%), QUICKEN LOANS, LLC (7.01%) and The Park National Bank (7.05%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
QUICKEN LOANS, LLC $11,815,000 $8,975,000 -24.0% 7.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $825,000 $7,995,000 869.1% 6.9%
WRIGHT-PATT CREDIT UNION, INC. $15,135,000 $7,735,000 -48.9% 6.6%
CROSSCOUNTRY MORTGAGE, LLC $4,495,000 $5,045,000 12.2% 4.3%
UNITED WHOLESALE MORTGAGE, LLC $2,130,000 $4,710,000 121.1% 4.0%
The Huntington National Bank $5,465,000 $4,500,000 -17.7% 3.9%
21ST MORTGAGE CORPORATION $135,000 $3,500,000 2,492.6% 3.0%
The Park National Bank $3,830,000 $3,475,000 -9.3% 3.0%
HONDA Federal Credit Union $5,040,000 $3,265,000 -35.2% 2.8%
UNION HOME MORTGAGE CORP. $6,240,000 $3,075,000 -50.7% 2.6%
NFM, INC. $3,760,000 $2,575,000 -31.5% 2.2%
LOANDEPOT.COM, LLC $2,435,000 $2,385,000 -2.1% 2.0%
Civista Bank $2,065,000 $2,310,000 11.9% 2.0%
NEWREZ LLC $525,000 $2,235,000 325.7% 1.9%
Fifth Third Bank $4,495,000 $2,195,000 -51.2% 1.9%
JPMorgan Chase Bank $1,255,000 $2,010,000 60.2% 1.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,150,000 $1,830,000 59.1% 1.6%
Farm Credit Mid-America, ACA $2,010,000 $1,805,000 -10.2% 1.5%
Mortgage Research Center, LLC $4,810,000 $1,750,000 -63.6% 1.5%
WesBanco $1,305,000 $1,620,000 24.1% 1.4%
Western Ohio Mortgage Corporation $1,615,000 n/a 1.4%
Union Savings Bank $2,190,000 $1,600,000 -26.9% 1.4%
PENNYMAC LOAN SERVICES, LLC $1,355,000 $1,475,000 8.9% 1.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,385,000 $1,420,000 2.5% 1.2%
The Union Bank Company $390,000 $1,245,000 219.2% 1.1%
PNC Bank $1,200,000 $1,230,000 2.5% 1.1%
HOMESIDE FINANCIAL, LLC $1,685,000 $1,225,000 -27.3% 1.1%
U.S. Bank $1,445,000 $1,110,000 -23.2% 1.0%
GUARANTEED RATE, INC. $795,000 $1,035,000 30.2% 0.9%
The Farmers & Merchants State Bank $2,460,000 $1,020,000 -58.5% 0.9%
Carrington Mortgage Services, LLC $1,180,000 $935,000 -20.8% 0.8%
Third Federal Savings and Loan Association of Cleveland $730,000 $925,000 26.7% 0.8%
THRIVE MORTGAGE, LLC $2,245,000 $910,000 -59.5% 0.8%
THE EQUITABLE MORTGAGE CORPORATION $245,000 $875,000 257.1% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $940,000 $860,000 -8.5% 0.7%
T2 FINANCIAL LLC $2,275,000 $815,000 -64.2% 0.7%
TELHIO $170,000 $780,000 358.8% 0.7%
The Richwood Banking Company $1,145,000 $770,000 -32.8% 0.7%
HOWARD HANNA FINANCIAL SERVICES, INC. $760,000 n/a 0.7%
LENDINGHOME FUNDING CORPORATION $75,000 $745,000 893.3% 0.6%
The Savings Bank $730,000 n/a 0.6%
IH CREDIT UNION, INC. $810,000 $705,000 -13.0% 0.6%
BROKER SOLUTIONS, INC. $1,240,000 $595,000 -52.0% 0.5%
Central Bank $585,000 n/a 0.5%
MOVEMENT MORTGAGE, LLC $360,000 $520,000 44.4% 0.4%
Paramount Residential Mortgage Group, Inc. $305,000 $510,000 67.2% 0.4%
RUOFF MORTGAGE COMPANY, INC. $440,000 $505,000 14.8% 0.4%
MUTUAL OF OMAHA MORTGAGE, INC. $230,000 $500,000 117.4% 0.4%
Bank of America $720,000 $485,000 -32.6% 0.4%
FIRST COMMUNITY MORTGAGE, INC. $485,000 n/a 0.4%
1ST SIGNATURE LENDING, LLC $580,000 $480,000 -17.2% 0.4%
PLANET HOME LENDING, LLC $105,000 $475,000 352.4% 0.4%
AMERISAVE MORTGAGE CORPORATION $655,000 $470,000 -28.2% 0.4%
GUARANTEED RATE AFFINITY, LLC $1,015,000 $465,000 -54.2% 0.4%
GENEVA FINANCIAL, LLC $315,000 $460,000 46.0% 0.4%
EQUITY RESOURCES, INC. $575,000 $455,000 -20.9% 0.4%
Guardian Savings Bank, A Federal Savings Bank $445,000 n/a 0.4%
Flagstar Bank, FSB $1,035,000 $410,000 -60.4% 0.4%
KEMBA FINANCIAL $370,000 $405,000 9.5% 0.3%
CARDINAL FINANCIAL $485,000 $400,000 -17.5% 0.3%
Minster Bank $380,000 n/a 0.3%
Heartland Bank $370,000 n/a 0.3%
Merchants Bank of Indiana $360,000 n/a 0.3%
DAS Acquisition Company, LLC $430,000 $340,000 -20.9% 0.3%
The Farmers State Bank $340,000 n/a 0.3%
Wells Fargo Bank $570,000 $340,000 -40.4% 0.3%
First Merchants Bank $325,000 n/a 0.3%
FREEDOM MORTGAGE CORPORATION $1,440,000 $320,000 -77.8% 0.3%
First Federal Community Bank of Bucyrus $405,000 $315,000 -22.2% 0.3%
Neighborhood Loans, Inc. $315,000 n/a 0.3%
POLARIS HOME FUNDING CORP. $125,000 $295,000 136.0% 0.3%
New Carlisle Federal Savings Bank $1,840,000 $285,000 -84.5% 0.2%
American Midwest Mortgage Corporation $265,000 n/a 0.2%
FIRST CENTENNIAL MORTGAGE CORPORATION $255,000 n/a 0.2%
LENOX FINANCIAL MORTGAGE CORPORATION $255,000 n/a 0.2%
Hometown Equity Mortgage, LLC $250,000 n/a 0.2%
FIRST ALLIANCE HOME MORTGAGE, LLC $245,000 n/a 0.2%
Figure Lending LLC $75,000 $230,000 206.7% 0.2%
Superior Credit Union, Inc. $135,000 $225,000 66.7% 0.2%
The Community Bank $225,000 n/a 0.2%
PLAZA HOME MORTGAGE, INC. $215,000 n/a 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $215,000 n/a 0.2%
COMPASS MORTGAGE, INC. $205,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $415,000 $205,000 -50.6% 0.2%
GSF Mortgage Corporation $125,000 $195,000 56.0% 0.2%
LIBERTY HOME MORTGAGE CORPORATION $105,000 $195,000 85.7% 0.2%
The Old Fort Banking Company $195,000 n/a 0.2%
CALIBER HOME LOANS, INC. $7,540,000 $185,000 -97.5% 0.2%
NEW DAY FINANCIAL, LLC $595,000 $185,000 -68.9% 0.2%
Fidelity Federal Savings and Loan Association $175,000 n/a 0.2%
UNIVERSAL 1 CREDIT UNION $145,000 $160,000 10.3% 0.1%
First Financial Bank $490,000 $155,000 -68.4% 0.1%
1st National Bank $145,000 n/a 0.1%
COMMUNITY MORTGAGE FUNDING, LLC $145,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $145,000 $145,000 0.0% 0.1%
Encompass Lending Group, LP $135,000 n/a 0.1%
KeyBank $500,000 $135,000 -73.0% 0.1%
ROYAL UNITED MORTGAGE LLC $185,000 $130,000 -29.7% 0.1%
MID AMERICA MORTGAGE, INC. $125,000 n/a 0.1%
NTFN, INC. $315,000 $125,000 -60.3% 0.1%
SIBCY CLINE MORTGAGE SERVICES, INC. $125,000 n/a 0.1%
Evolve Bank & Trust $920,000 $115,000 -87.5% 0.1%
LAKEVIEW LOAN SERVICING, LLC $630,000 $115,000 -81.7% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $325,000 $115,000 -64.6% 0.1%
Citizens Bank $925,000 $105,000 -88.6% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $255,000 $105,000 -58.8% 0.1%
Pathways Financial Credit Union, Inc. $270,000 $95,000 -64.8% 0.1%
The State Bank and Trust Company $95,000 n/a 0.1%
Coastal Community Bank $90,000 n/a 0.1%
NAVY FEDERAL CREDIT UNION $1,270,000 $90,000 -92.9% 0.1%
Day Air Credit Union, Inc $70,000 $85,000 21.4% 0.1%
Discover Bank $275,000 $85,000 -69.1% 0.1%
AMERICAN HERITAGE LENDING, INC. $75,000 n/a 0.1%
BRIDGE $75,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $75,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $250,000 $65,000 -74.0% 0.1%
USAA Federal Savings Bank $185,000 $65,000 -64.9% 0.1%
CME Federal Credit Union $55,000 n/a 0.0%
First Bank Richmond $55,000 n/a 0.0%
Northwest Bank $245,000 $55,000 -77.6% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%
UNITED $15,000 n/a 0.0%

Urbana's top lender by overall market share is QUICKEN LOANS, LLC, with 7.7% market share. In second place, with 6.9%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $7,995,000 in loans. In third place, with 6.6%, is WRIGHT-PATT CREDIT UNION, INC., having originated $7,735,000 in loans. In fourth place, with 4.3%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $5,045,000 in loans. In fifth place, with 4.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $4,710,000 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 $229,675 (31.3%) $470,634 (16.7%) 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 (16.3%) $540,977 (15.0%) 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
2023-11-01 $259,600 (22.2%) $468,507 (11.4%) 0.00 55
2023-12-01 $230,825 (10.2%) $468,173 (3.4%) 0.00 51
2024-01-01 $219,000 (0.7%) $465,525 (30.8%) 0.00 54
2024-02-01 $199,988 (-7.5%) $465,926 (58.5%) 0.00 48
2024-03-01 $204,750 (-3.0%) $277,544 (0.1%) 0.00 39
2024-04-01 $264,675 (32.4%) $310,292 (-1.7%) 0.00 32
2024-05-01 $286,225 (44.2%) $327,409 (6.4%) 0.00 38
2024-06-01 $279,250 (10.7%) $329,700 (-46.7%) 0.00 39
2024-07-01 $258,300 (20.1%) $281,439 (-50.0%) 0.00 52
2024-08-01 $227,000 (-15.0%) $263,834 (-51.2%) 0.00 47
2024-09-01 $242,000 (-14.3%) $284,447 (-52.8%) 0.00 53
Urbana's median listing price for 2024-09-01 was $242,000, a difference of $-40,450 (-14.3%) versus the prior year and $15,000 versus the prior month.

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

Urbana's average listing price for 2024-09-01 was $284,447, a difference of $-318,529 (-52.8%) versus the prior year and $20,613 versus the prior month.

For the 2024-09-01 period, Urbana had 53 MLS listings, a difference of 6 listings (13%) versus the prior month and 8 listings (18%) 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 1,783 sqft
2018-02-01 0 days 1,874 sqft
2018-03-01 0 days 1,820 sqft
2018-04-01 0 days 1,799 sqft
2018-05-01 0 days 1,716 sqft
2018-06-01 0 days 1,920 sqft
2018-07-01 0 days 1,824 sqft
2018-08-01 0 days 1,826 sqft
2018-09-01 0 days 1,840 sqft
2018-10-01 0 days 1,725 sqft
2018-11-01 0 days 1,669 sqft
2018-12-01 0 days 1,624 sqft
2019-01-01 0 days 1,605 sqft
2019-02-01 0 days 1,621 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 1,781 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 1,896 sqft
2022-06-01 0 days 1,617 sqft
2022-07-01 0 days 1,684 sqft
2022-08-01 0 days 1,689 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
2023-11-01 0 days 1,891 sqft
2023-12-01 0 days 1,781 sqft
2024-01-01 0 days 1,645 sqft
2024-02-01 0 days 1,591 sqft
2024-03-01 0 days 1,640 sqft
2024-04-01 0 days 1,757 sqft
2024-05-01 0 days 1,786 sqft
2024-06-01 0 days 1,712 sqft
2024-07-01 0 days 1,826 sqft
2024-08-01 0 days 1,661 sqft
2024-09-01 0 days 1,726 sqft
Urbana's median listing age (time on market) for 2024-09-01 was 0 days.

Urbana's median square footage for active listings during the 2024-09-01 period was 1,726 sqft. One year prior, the average listing was 1,879 sqft.

Urbana, OH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 404 $82,180,000 $203,416
Cash Out Refi 112 $15,060,000 $134,464
Home Improvement 82 $5,890,000 $71,829
Other 80 $6,340,000 $79,250
Refi 56 $7,080,000 $126,429

Urbana's most frequently cited loan purpose was Home Purchase, with 404 originations. The 2nd most popular reason was Cash Out Refi, with 112 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 233 $43,345,000 $186,030
Over 8% 223 $25,935,000 $116,300
7-8% 184 $31,050,000 $168,750
5-6% 61 $12,015,000 $196,967
<2.5% 4 $320,000 $80,000
3-4% 4 $390,000 $97,500
4-5% 3 $345,000 $115,000
2.5-3% 1 $255,000 $255,000

During 2023, Urbana's most frequently originated rate bucket was 6-7%, with 233 originations.

Loan Sizing (Urbana, OH MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 287 $16,315,000 $56,847
$100k-200k 263 $39,145,000 $148,840
$200k-400k 162 $43,380,000 $267,778
$400k-600k 20 $9,110,000 $455,500
$600k-1000k 1 $605,000 $605,000
$Over $1MM 1 $7,995,000 $7,995,000

Urbana's loan sizing saw the bucket of loans from $100,000 or less with 287 originations, totaling $16,315,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 283 $57,295,000 $202,456
Under 20% 121 $5,365,000 $44,339
60-80% 113 $29,575,000 $261,726
20-40% 100 $8,090,000 $80,900
40-60% 61 $8,115,000 $133,033
Over 100% 13 $3,545,000 $272,692

Urbana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 283 originations, totaling $57,295,000 in origination value.