Urbana Mortgage Rates & Closing Costs

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    • 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.