Urbana Mortgage Rates & Closing Costs
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% |
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.).
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. LouisDate | 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 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. LouisDate | 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 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.