Yankton Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Yankton averaged 6.28% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

The average rate for the prior week (2025-03-27) was 6.69% and one month ago for the week of 2025-02-27, the average rate was 6.7%.

Yankton's average rate one year ago was 6.83%.

For refis of the same type during the week of 2025-04-03, the average rate was 7.04%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-03 6.64%
Yankton 30 Year Fixed Rate 2025-04-03 6.28%
Yankton 30 Year Fixed Rate Refi 2025-04-03 7.04%
Yankton 15 Year Fixed Rate 2025-04-03 5.92%
Yankton 15 Year Fixed Rate Refi 2025-04-03 6.02%
Yankton 30 Year FHA 2025-04-03 6.26%
Yankton 30 Year FHA Refi 2025-04-03 6.06%
Yankton 30 Year USDA 2025-04-03 6.42%
Yankton 30 Year USDA Refi 2025-04-03 6.22%
Yankton 30 Year VA 2025-04-03 6.16%
Yankton 30 Year VA Refi 2025-04-03 6.16%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Yankton, SD.

Yankton 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 Yankton, SD 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
First Dakota National Bank 47 6.52% $3,094
CORTRUST MORTGAGE, INC. 19 6.36% $4,472
First National Bank of Omaha 16 6.64% $3,552
Plains Commerce Bank 11 6.78% $6,687
QUICKEN LOANS, LLC 10 6.66% $6,447
CROSSCOUNTRY MORTGAGE, LLC 4 6.51% $5,088
West Gate Bank 3 6.33% $3,356
CMG MORTGAGE, INC. 3 7.13% $4,461
CU MORTGAGE DIRECT, LLC 3 6.63% $4,397
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.54% $5,040
First Bank & Trust 3 6.38% $5,296
First International Bank & Trust 3 5.83% $4,750
Wells Fargo Bank 3 6.67% $3,948
CHARTER WEST BANK 1 7.13% $3,367
LAKEVIEW LOAN SERVICING, LLC 1 6.50% $6,396
LOANDEPOT.COM, LLC 1 6.99% $4,411
Mr. Cooper ( Nationstar Mortgage ) 1 7.13% $10,420
NEWREZ LLC 1 6.50% $6,404
BROKER SOLUTIONS, INC. 1 7.63% $7,070
PNC Bank 1 6.38% $3,774
BMO Harris Bank 1 5.88% $2,936
The Huntington National Bank 1 8.75% $12,482
UNION HOME MORTGAGE CORP. 1 6.13% $6,274
U.S. Bank 1 7.13% $2,813
Discover Bank 1 7.31% $0
BANKWEST, INC. 1 6.25% $4,848

Yankton Average Closing Costs & Other Stats

Yankton, SD's 26 lenders originated 341 loans during 2024. The total origination value was $82,775,000, with an average loan value of $242,742.

Yankton's average closing costs are $4,303.

The top Yankton lender as defined by loan originations is First Dakota National Bank, with 47 loans originated. Their average total fees are $3,094, which is $1,378 lower than the next largest lender, CORTRUST MORTGAGE, INC..

The lowest fee Yankton lenders (with over 10 loans originated) are First Dakota National Bank ($3,094), First National Bank of Omaha ($3,552), CORTRUST MORTGAGE, INC. ($4,472), QUICKEN LOANS, LLC ($6,447) and Plains Commerce Bank ($6,687).

The lowest rate Yankton lenders (with over 10 loans originated) are CORTRUST MORTGAGE, INC. (6.36%), First Dakota National Bank (6.52%), First National Bank of Omaha (6.64%), QUICKEN LOANS, LLC (6.66%) and Plains Commerce Bank (6.78%).

Yankton, SD 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
First Dakota National Bank $19,430,000 $29,230,000 50.4% 35.3%
First National Bank of Omaha $3,675,000 $8,425,000 129.3% 10.2%
QUICKEN LOANS, LLC $2,920,000 $6,490,000 122.3% 7.8%
CORTRUST MORTGAGE, INC. $2,770,000 $4,975,000 79.6% 6.0%
Plains Commerce Bank $2,525,000 $4,860,000 92.5% 5.9%
First International Bank & Trust $2,500,000 $2,070,000 -17.2% 2.5%
PENNYMAC LOAN SERVICES, LLC $1,245,000 $1,910,000 53.4% 2.3%
CorTrust Bank $2,810,000 $1,650,000 -41.3% 2.0%
GUARANTEED RATE, INC. $1,270,000 $1,625,000 28.0% 2.0%
CU MORTGAGE DIRECT, LLC $1,810,000 $1,590,000 -12.2% 1.9%
CROSSCOUNTRY MORTGAGE, LLC $2,780,000 $1,570,000 -43.5% 1.9%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $595,000 $1,425,000 139.5% 1.7%
FREEDOM MORTGAGE CORPORATION $415,000 $1,405,000 238.6% 1.7%
First Bank & Trust $345,000 $1,370,000 297.1% 1.7%
The First National Bank in Sioux Falls $1,205,000 n/a 1.5%
Wells Fargo Bank $465,000 $915,000 96.8% 1.1%
BROKER SOLUTIONS, INC. $880,000 n/a 1.1%
West Gate Bank $345,000 $865,000 150.7% 1.0%
First PREMIER Bank $155,000 $800,000 416.1% 1.0%
SIOUX FALLS $745,000 n/a 0.9%
CMG MORTGAGE, INC. $605,000 n/a 0.7%
BANKWEST, INC. $280,000 $590,000 110.7% 0.7%
Mortgage Research Center, LLC $1,450,000 $545,000 -62.4% 0.7%
The Huntington National Bank $545,000 n/a 0.7%
NEWREZ LLC $345,000 $430,000 24.6% 0.5%
BankFirst $390,000 n/a 0.5%
American Bank & Trust $5,030,000 $385,000 -92.3% 0.5%
VERIDIAN CREDIT UNION $475,000 $375,000 -21.1% 0.5%
CHARTER WEST BANK $365,000 n/a 0.4%
First Interstate Bank $715,000 $365,000 -49.0% 0.4%
U.S. Bank $365,000 $355,000 -2.7% 0.4%
GREENSTATE CREDIT UNION $275,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $275,000 n/a 0.3%
PLANET HOME LENDING, LLC $165,000 $275,000 66.7% 0.3%
Farm Credit Mid-America, ACA $1,760,000 $265,000 -84.9% 0.3%
Discover Bank $150,000 $230,000 53.3% 0.3%
Citizens Bank $35,000 $210,000 500.0% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $205,000 n/a 0.2%
LOANDEPOT.COM, LLC $180,000 n/a 0.2%
BMO Harris Bank $165,000 $175,000 6.1% 0.2%
LAKEVIEW LOAN SERVICING, LLC $175,000 n/a 0.2%
UNITED WHOLESALE MORTGAGE, LLC $235,000 $175,000 -25.5% 0.2%
UNION HOME MORTGAGE CORP. $155,000 n/a 0.2%
Pinnacle Bank $145,000 n/a 0.2%
PNC Bank $145,000 n/a 0.2%
Coastal Community Bank $70,000 $140,000 100.0% 0.2%
Rivers Edge Bank $110,000 n/a 0.1%
Stifel Bank and Trust $95,000 n/a 0.1%
The Security National Bank of Sioux City, Iowa $95,000 n/a 0.1%
21ST MORTGAGE CORPORATION $85,000 $75,000 -11.8% 0.1%
Carrington Mortgage Services, LLC $75,000 n/a 0.1%
JPMorgan Chase Bank $75,000 n/a 0.1%
Figure Lending LLC $75,000 $45,000 -40.0% 0.1%
AMERISAVE MORTGAGE CORPORATION $320,000 $25,000 -92.2% 0.0%
Primebank $405,000 $15,000 -96.3% 0.0%

Yankton's top lender by overall market share is First Dakota National Bank, with 35.3% market share. In second place, with 10.2%, is First National Bank of Omaha, having originated $8,425,000 in loans. In third place, with 7.8%, is QUICKEN LOANS, LLC, having originated $6,490,000 in loans. In fourth place, with 6.0%, is CORTRUST MORTGAGE, INC., having originated $4,975,000 in loans. In fifth place, with 5.9%, is Plains Commerce Bank, having originated $4,860,000 in loans.


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

Realtor.com - Yankton (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 $171,200 (-0.1%) $224,979 (22.1%) 0.00 56
2018-02-01 $175,000 (2.1%) $234,311 (29.4%) 0.00 55
2018-03-01 $197,900 (20.0%) $236,002 (39.4%) 0.00 50
2018-04-01 $219,000 (30.4%) $244,497 (33.7%) 0.00 52
2018-05-01 $214,950 (23.4%) $242,148 (28.3%) 0.00 64
2018-06-01 $211,000 (24.2%) $242,740 (24.7%) 0.00 74
2018-07-01 $186,800 (10.0%) $232,928 (11.7%) 0.00 68
2018-08-01 $176,900 (-2.0%) $218,172 (-2.9%) 0.00 76
2018-09-01 $179,900 (6.2%) $213,635 (-1.0%) 0.00 81
2018-10-01 $200,925 (15.3%) $228,770 (6.6%) 0.00 82
2018-11-01 $195,700 (8.7%) $231,565 (6.2%) 0.00 76
2018-12-01 $191,500 (9.6%) $231,168 (4.4%) 0.00 76
2019-01-01 $187,000 (9.2%) $228,536 (1.6%) 0.00 72
2019-02-01 $190,875 (9.1%) $232,798 (-0.7%) 0.00 73
2019-03-01 $197,286 (-0.3%) $235,893 (-0.1%) 0.00 72
2019-04-01 $201,461 (-8.0%) $234,843 (-4.0%) 0.00 72
2019-05-01 $208,050 (-3.2%) $236,895 (-2.2%) 0.00 78
2019-06-01 $208,850 (-1.0%) $233,070 (-4.0%) 0.00 83
2019-07-01 $202,400 (8.4%) $222,788 (-4.4%) 0.00 91
2019-08-01 $198,409 (12.2%) $214,907 (-1.5%) 0.00 92
2019-09-01 $196,323 (9.1%) $212,904 (-0.3%) 0.00 93
2019-10-01 $197,207 (-1.9%) $214,131 (-6.4%) 0.00 90
2019-11-01 $209,900 (7.3%) $225,372 (-2.7%) 0.00 93
2019-12-01 $211,350 (10.4%) $227,398 (-1.6%) 0.00 78
2020-01-01 $210,400 (12.5%) $228,472 (0.0%) 0.00 65
2020-02-01 $209,800 (9.9%) $224,996 (-3.4%) 0.00 53
2020-03-01 $201,100 (1.9%) $225,815 (-4.3%) 0.00 53
2020-04-01 $184,075 (-8.6%) $219,353 (-6.6%) 0.00 52
2020-05-01 $212,450 (2.1%) $229,358 (-3.2%) 0.00 35
2020-06-01 $235,000 (12.5%) $257,284 (10.4%) 0.00 34
2020-07-01 $223,650 (10.5%) $258,518 (16.0%) 0.00 36
2020-08-01 $182,000 (-8.3%) $254,351 (18.4%) 0.00 35
2020-09-01 $208,700 (6.3%) $246,594 (15.8%) 0.00 32
2020-10-01 $182,400 (-7.5%) $238,880 (11.6%) 0.00 26
2020-11-01 $182,675 (-13.0%) $225,031 (-0.2%) 0.00 25
2020-12-01 $170,175 (-19.5%) $207,565 (-8.7%) 0.00 21
2021-01-01 $149,900 (-28.8%) $217,479 (-4.8%) 0.00 18
2021-02-01 $162,450 (-22.6%) $203,583 (-9.5%) 0.00 16
2021-03-01 $179,925 (-10.5%) $240,129 (6.3%) 0.00 14
2021-04-01 $180,675 (-1.9%) $217,156 (-1.0%) 0.00 11
2021-05-01 $183,400 (-13.7%) $224,414 (-2.2%) 0.00 14
2021-06-01 $194,900 (-17.1%) $241,690 (-6.1%) 0.00 13
2021-07-01 $182,250 (-18.5%) $255,864 (-1.0%) 0.00 20
2021-08-01 $182,450 (0.3%) $285,388 (12.2%) 0.00 20
2021-09-01 $194,675 (-6.7%) $269,560 (9.3%) 0.00 23
2021-10-01 $199,900 (9.6%) $331,442 (38.8%) 0.00 23
2021-11-01 $297,700 (63.0%) $378,862 (68.4%) 0.00 18
2021-12-01 $268,775 (57.9%) $365,024 (75.9%) 0.00 14
2022-01-01 $324,450 (116.4%) $380,294 (74.9%) 0.00 15
2022-02-01 $237,400 (46.1%) $348,597 (71.2%) 0.00 17
2022-03-01 $131,950 (-26.7%) $258,290 (7.6%) 0.00 23
2022-04-01 $179,900 (-0.4%) $305,300 (40.6%) 0.00 18
2022-05-01 $189,750 (3.5%) $318,422 (41.9%) 0.00 21
2022-06-01 $237,425 (21.8%) $324,045 (34.1%) 0.00 21
2022-07-01 $264,900 (45.4%) $321,520 (25.7%) 0.00 29
2022-08-01 $273,676 (50.0%) $354,130 (24.1%) 0.00 33
2022-09-01 $284,475 (46.1%) $409,461 (51.9%) 0.00 27
2022-10-01 $239,000 (19.6%) $395,884 (19.4%) 0.00 23
2022-11-01 $279,950 (-6.0%) $376,170 (-0.7%) 0.00 19
2022-12-01 $279,950 (4.2%) $372,304 (2.0%) 0.00 14
2023-01-01 $244,900 (-24.5%) $367,588 (-3.3%) 0.00 15
2023-02-01 $229,900 (-3.2%) $360,165 (3.3%) 0.00 13
2023-03-01 $269,900 (104.6%) $288,928 (11.9%) 0.00 15
2023-04-01 $369,950 (105.6%) $406,807 (33.3%) 0.00 17
2023-05-01 $351,500 (85.2%) $443,371 (39.2%) 0.00 24
2023-06-01 $311,175 (31.1%) $404,638 (24.9%) 0.00 23
2023-07-01 $319,800 (20.7%) $393,976 (22.5%) 0.00 25
2023-08-01 $324,400 (18.5%) $415,322 (17.3%) 0.00 27
2023-09-01 $320,000 (12.5%) $392,218 (-4.2%) 0.00 28
2023-10-01 $312,400 (30.7%) $341,765 (-13.7%) 0.00 29
2023-11-01 $332,500 (18.8%) $395,142 (5.0%) 0.00 26
2023-12-01 $317,400 (13.4%) $343,832 (-7.7%) 0.00 31
2024-01-01 $308,700 (26.1%) $340,861 (-7.3%) 0.00 31
2024-02-01 $327,500 (42.5%) $473,519 (31.5%) 0.00 30
2024-03-01 $330,000 (22.3%) $483,457 (67.3%) 0.00 29
2024-04-01 $339,250 (-8.3%) $523,621 (28.7%) 0.00 29
2024-05-01 $336,225 (-4.4%) $446,301 (0.7%) 0.00 37
2024-06-01 $320,000 (2.8%) $421,171 (4.1%) 0.00 45
2024-07-01 $324,500 (1.5%) $376,757 (-4.4%) 0.00 56
2024-08-01 $319,500 (-1.5%) $378,818 (-8.8%) 0.00 56
2024-09-01 $320,000 (0.0%) $387,640 (-1.2%) 0.00 54
2024-10-01 $323,200 (3.5%) $400,840 (17.3%) 0.00 59
2024-11-01 $329,800 (-0.8%) $399,806 (1.2%) 0.00 59
2024-12-01 $334,950 (5.5%) $389,937 (13.4%) 0.00 50
2025-01-01 $332,400 (7.7%) $400,997 (17.6%) 0.00 42
2025-02-01 $334,800 (2.2%) $421,879 (-10.9%) 0.00 42
2025-03-01 $349,900 (6.0%) $429,312 (-11.2%) 0.00 44
Yankton's median listing price for 2025-03-01 was $349,900, a difference of $19,900 (6.0%) versus the prior year and $15,100 versus the prior month.

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

Yankton's average listing price for 2025-03-01 was $429,312, a difference of $-54,145 (-11.2%) versus the prior year and $7,433 versus the prior month.

For the 2025-03-01 period, Yankton had 44 MLS listings, a difference of 2 listings (5%) versus the prior month and 15 listings (52%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Yankton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,720 sqft
2018-02-01 0 days 1,782 sqft
2018-03-01 0 days 1,767 sqft
2018-04-01 0 days 1,900 sqft
2018-05-01 0 days 1,762 sqft
2018-06-01 0 days 1,813 sqft
2018-07-01 0 days 1,792 sqft
2018-08-01 0 days 1,710 sqft
2018-09-01 0 days 1,790 sqft
2018-10-01 0 days 1,949 sqft
2018-11-01 0 days 1,959 sqft
2018-12-01 0 days 1,960 sqft
2019-01-01 0 days 1,852 sqft
2019-02-01 0 days 1,901 sqft
2019-03-01 0 days 1,960 sqft
2019-04-01 0 days 1,960 sqft
2019-05-01 0 days 1,778 sqft
2019-06-01 0 days 1,575 sqft
2019-07-01 0 days 1,750 sqft
2019-08-01 0 days 1,758 sqft
2019-09-01 0 days 1,773 sqft
2019-10-01 0 days 1,788 sqft
2019-11-01 0 days 1,836 sqft
2019-12-01 0 days 1,800 sqft
2020-01-01 0 days 1,776 sqft
2020-02-01 0 days 1,680 sqft
2020-03-01 0 days 1,646 sqft
2020-04-01 0 days 1,638 sqft
2020-05-01 0 days 1,691 sqft
2020-06-01 0 days 1,896 sqft
2020-07-01 0 days 1,911 sqft
2020-08-01 0 days 1,960 sqft
2020-09-01 0 days 1,960 sqft
2020-10-01 0 days 1,779 sqft
2020-11-01 0 days 1,771 sqft
2020-12-01 0 days 1,749 sqft
2021-01-01 0 days 1,779 sqft
2021-02-01 0 days 1,523 sqft
2021-03-01 0 days 1,614 sqft
2021-04-01 0 days 1,768 sqft
2021-05-01 0 days 1,741 sqft
2021-06-01 0 days 1,741 sqft
2021-07-01 0 days 1,783 sqft
2021-08-01 0 days 1,870 sqft
2021-09-01 0 days 1,930 sqft
2021-10-01 0 days 2,020 sqft
2021-11-01 0 days 2,310 sqft
2021-12-01 0 days 2,364 sqft
2022-01-01 0 days 2,183 sqft
2022-02-01 0 days 1,683 sqft
2022-03-01 0 days 986 sqft
2022-04-01 0 days 1,773 sqft
2022-05-01 0 days 1,790 sqft
2022-06-01 0 days 1,873 sqft
2022-07-01 0 days 1,918 sqft
2022-08-01 0 days 2,146 sqft
2022-09-01 0 days 2,001 sqft
2022-10-01 0 days 1,872 sqft
2022-11-01 0 days 1,860 sqft
2022-12-01 0 days 1,872 sqft
2023-01-01 0 days 1,872 sqft
2023-02-01 0 days 1,791 sqft
2023-03-01 0 days 1,794 sqft
2023-04-01 0 days 2,011 sqft
2023-05-01 0 days 2,166 sqft
2023-06-01 0 days 2,080 sqft
2023-07-01 0 days 2,036 sqft
2023-08-01 0 days 2,030 sqft
2023-09-01 0 days 2,117 sqft
2023-10-01 0 days 2,081 sqft
2023-11-01 0 days 2,194 sqft
2023-12-01 0 days 1,779 sqft
2024-01-01 0 days 1,793 sqft
2024-02-01 0 days 1,864 sqft
2024-03-01 0 days 2,008 sqft
2024-04-01 0 days 2,144 sqft
2024-05-01 0 days 2,038 sqft
2024-06-01 0 days 2,030 sqft
2024-07-01 0 days 2,030 sqft
2024-08-01 0 days 2,030 sqft
2024-09-01 0 days 2,073 sqft
2024-10-01 0 days 1,948 sqft
2024-11-01 0 days 1,857 sqft
2024-12-01 0 days 1,888 sqft
2025-01-01 0 days 1,957 sqft
2025-02-01 0 days 2,023 sqft
2025-03-01 0 days 2,072 sqft
Yankton's median listing age (time on market) for 2025-03-01 was 0 days.

Yankton's median square footage for active listings during the 2025-03-01 period was 2,072 sqft. One year prior, the average listing was 2,008 sqft.

Yankton, SD Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 216 $61,910,000 $286,620
Refi 43 $8,235,000 $191,512
Cash Out Refi 39 $8,915,000 $228,590
Home Improvement 28 $2,470,000 $88,214
Other 15 $1,245,000 $83,000

Yankton's most frequently cited loan purpose was Home Purchase, with 216 originations. The 2nd most popular reason was Refi, with 43 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 151 $39,315,000 $260,364
5-6% 73 $16,755,000 $229,521
Over 8% 41 $5,325,000 $129,878
7-8% 37 $16,135,000 $436,081
4-5% 6 $1,590,000 $265,000
<2.5% 1 $5,000 $5,000

During 2024, Yankton's most frequently originated rate bucket was 6-7%, with 151 originations.

Loan Sizing (Yankton, SD MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 147 $40,255,000 $273,844
$100k-200k 84 $13,090,000 $155,833
$100,000 or less 77 $4,315,000 $56,039
$400k-600k 24 $11,260,000 $469,167
$600k-1000k 7 $4,705,000 $672,143
$Over $1MM 2 $9,150,000 $4,575,000

Yankton's loan sizing saw the bucket of loans from $200k-400k with 147 originations, totaling $40,255,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 160 $41,280,000 $258,000
60-80% 61 $23,695,000 $388,443
40-60% 29 $6,375,000 $219,828
Under 20% 29 $2,105,000 $72,586
20-40% 21 $3,135,000 $149,286
Over 100% 5 $1,485,000 $297,000

Yankton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 160 originations, totaling $41,280,000 in origination value.