Urbana Mortgage Rates & Closing Costs
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% |
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 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. 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 | $229,675 (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 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. LouisDate | 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 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.