JACKSON Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Jackson averaged 6.54% for the week of 2024-02-29, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-02-22) was 6.5% and one month ago for the week of 2024-01-25, the average rate was 6.39%.

Jackson's average rate one year ago was 6.33%.

For refis of the same type during the week of 2024-02-29, the average rate was 5.95%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-29 6.94%
Jackson 30 Year Fixed Rate 2024-02-29 6.54%
Jackson 30 Year Fixed Rate Refi 2024-02-29 5.95%
Jackson 15 Year Fixed Rate 2024-02-29 6.12%
Jackson 15 Year Fixed Rate Refi 2024-02-29 5.89%
Jackson 30 Year FHA 2024-02-29 6.26%
Jackson 30 Year FHA Refi 2024-02-29 6.69%
Jackson 30 Year USDA 2024-02-29 6.19%
Jackson 30 Year USDA Refi 2024-02-29 6.73%
Jackson 30 Year VA 2024-02-29 6.05%
Jackson 30 Year VA Refi 2024-02-29 6.42%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within JACKSON, TN.

JACKSON 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 JACKSON, TN 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
Leaders Credit Union 185 4.99% $3,018
Regions Bank 121 5.06% $4,116
Simmons Bank 106 4.95% $3,382
QUICKEN LOANS, LLC 105 5.08% $6,264
MORTGAGE INVESTORS GROUP, INC. 91 4.98% $4,118
FirstBank 40 4.98% $4,071
BancorpSouth 39 4.90% $3,761
FIRST COMMUNITY MORTGAGE, INC. 36 5.00% $6,024
UNITED WHOLESALE MORTGAGE, LLC 25 5.02% $5,233
Bank of England 23 5.08% $5,216
Wells Fargo Bank 21 5.03% $4,340
Mr. Cooper ( Nationstar Mortgage ) 16 5.27% $6,601
LOANDEPOT.COM, LLC 16 4.64% $5,865
JPMorgan Chase Bank 14 5.31% $3,381
PENNYMAC LOAN SERVICES, LLC 12 4.90% $6,902
FREEDOM MORTGAGE CORPORATION 12 4.45% $4,574
Farm Credit Mid-America, ACA 12 5.25% $7,764
STOCKTON MORTGAGE CORPORATION 11 5.10% $6,344
First Horizon Bank 10 4.91% $3,927
ROYAL UNITED MORTGAGE LLC 8 5.48% $5,674
The First National Bank of Middle Tennessee 7 4.36% $4,928
Carrington Mortgage Services, LLC 7 4.43% $5,595
AMERISAVE MORTGAGE CORPORATION 6 3.85% $6,962
Renasant Bank 6 3.87% $3,288
Legends Bank 6 5.15% $2,835
MUTUAL OF OMAHA MORTGAGE, INC. 5 5.95% $6,534
AMERICAN PACIFIC MORTGAGE CORPORATION 5 5.60% $10,003
CROSSCOUNTRY MORTGAGE, LLC 5 5.33% $7,472
LEADERONE FINANCIAL CORPORATION 5 5.05% $4,822
Truist 5 4.94% $3,980
HOME POINT FINANCIAL CORPORATION 5 5.00% $5,740
USAA Federal Savings Bank 5 5.65% $4,485
GUARANTEED RATE, INC. 4 5.24% $3,769
CARDINAL FINANCIAL 4 4.56% $6,667
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 5.40% $5,496
BROKER SOLUTIONS, INC. 4 3.88% $5,050
BETTER MORTGAGE CORPORATION 4 4.16% $4,596
Evolve Bank & Trust 4 4.75% $3,178
EVERETT FINANCIAL, INC. 4 4.66% $1,856
U.S. Bank 4 4.63% $3,429
Sierra Pacific Mortgage Company, Inc. 4 3.88% $5,399
21ST MORTGAGE CORPORATION 3 6.80% $6,275
AmeriHome Mortgage Company, LLC 3 4.13% $3,557
COMMUNITY MORTGAGE CORPORATION 3 4.29% $4,805
Cornerstone First Mortgage, Inc 3 4.25% $4,760
Hometown Lenders, Inc. 3 6.54% $6,484
LAKEVIEW LOAN SERVICING, LLC 3 4.50% $3,893
NAVY FEDERAL CREDIT UNION 3 6.46% $1,841
Pinnacle Bank 3 4.29% $3,167
PNC Bank 3 4.54% $4,742
THE MORTGAGE FIRM, INC. 3 5.33% $4,801
M&T Bank 2 4.63% $4,726
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 2 5.88% $4,667
SIRVA MORTGAGE, INC. 2 4.38% $1,832
Southeast Financial Credit Union 2 5.13% $2,816
PHH Mortgage Corporation 2 6.50% $7,620
Stifel Bank and Trust 2 3.81% $2,909
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 4.56% $4,061
VANDERBILT MORTGAGE AND FINANCE, INC. 2 5.69% $5,143
The Bank of Fayette County 2 4.62% $2,628
PREMIA MORTGAGE, LLC 2 5.06% $225
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 5.06% $3,447
ZILLOW HOME LOANS, LLC 2 5.50% $3,921
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 4.13% $4,347
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 3.99% $4,150
NEWREZ LLC 2 5.13% $4,724
GUARANTEED RATE AFFINITY, LLC 2 5.93% $0
Trustmark National Bank 2 5.13% $4,176
GREAT WESTERN FINANCIAL SERVICES, INC. 2 5.50% $4,283
Mortgage Research Center, LLC 2 5.50% $2,957
Orion Federal Credit Union 2 4.38% $2,985
Barrington Bank & Trust Company, N.A. 2 5.94% $3,387
Bank of America 2 4.94% $5,199
First Citizens National Bank 2 4.13% $3,469
RUOFF MORTGAGE COMPANY, INC. 2 4.94% $2,070
First Guaranty Mortgage Corporation 2 5.38% $4,310
MOVEMENT MORTGAGE, LLC 2 4.38% $3,088
CHURCHILL MORTGAGE CORPORATION 2 4.38% $5,025
Capitol Federal Savings Bank 1 5.38% $4,367
PENTAGON FEDERAL CREDIT UNION 1 3.50% $3,784
AMERICAN FINANCING CORPORATION 1 3.25% $3,676
Wolfe Financial, Inc 1 6.50% $5,147
PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.25% $2,965
PURDUE FEDERAL CREDIT UNION 1 5.50% $3,717
CALIBER HOME LOANS, INC. 1 6.50% $6,501
Raymond James Bank 1 3.50% $5,178
BAY EQUITY LLC 1 4.38% $6,136
SENB Bank 1 5.75% $3,286
Servion, Inc. 1 4.63% $2,603
Austin Capital Bank SSB 1 5.25% $4,466
SOUTHPOINT FINANCIAL SERVICES, INC. 1 4.88% $12,425
ASCEND FEDERAL CREDIT UNION 1 6.38% $2,591
SWBC MORTGAGE CORPORATION 1 4.50% $70
The Central Trust Bank 1 6.13% $3,604
Arvest Bank 1 3.75% $6,043
The Paducah Bank and Trust Company 1 6.50% $3,527
Truity Federal Credit Union 1 6.00% $2,894
Truliant Federal Credit Union 1 4.88% $3,417
UBS Bank USA 1 3.50% $4,235
UNIFY FINANCIAL Credit Union 1 4.78% $0
ARC HOME LLC 1 3.63% $6,752
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 5.88% $6,738
FINANCE OF AMERICA MORTGAGE LLC 1 6.63% $7,762
FAIR WAY LENDING LLC 1 5.63% $6,450
EVANSVILLE TEACHERS 1 5.38% $2,625
F&M Bank 1 5.75% $1,991
Flagstar Bank, FSB 1 3.58% $4,205
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.00% $6,107
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.99% $2,931
Discover Bank 1 3.75% $0
DIRECT MORTGAGE LOANS, LLC 1 3.75% $6,423
HOMESIDE FINANCIAL, LLC 1 3.87% $4,812
AMERIFIRST FINANCIAL CORPORATION 1 6.00% $8,354
HOMEXPRESS MORTGAGE CORP. 1 6.88% $9,299
INTERCOASTAL MORTGAGE COMPANY 1 5.50% $4,270
JLB CORPORATION 1 4.75% $9,006
DEEPHAVEN MORTGAGE LLC 1 9.38% $7,640
KELLER MORTGAGE, LLC 1 3.25% $2,966
LADERA LENDING, INC. 1 6.13% $7,891
U. T. 1 4.88% $4,679
LAND HOME FINANCIAL SERVICES, INC. 1 4.13% $3,196
CU COMMUNITY, LLC 1 5.25% $4,693
Citizens Bank 1 3.50% $4,507
Listerhill Credit Union 1 3.63% $2,676
Magnolia Bank 1 4.13% $4,441
Morgan Stanley Private Bank 1 2.85% $3,439
Cf Bank 1 5.13% $1,874
CB&S Bank, Inc. 1 6.25% $6,698
CASTLE & COOKE MORTGAGE, LLC 1 5.25% $6,223
NexBank 1 3.50% $2,023
NJ LENDERS CORP. 1 5.38% $4,599
NP, Inc. 1 5.88% $4,998
Patriot Bank 1 5.38% $3,918

JACKSON Average Closing Costs & Other Stats

JACKSON, TN's 133 lenders originated 4,339 loans during 2022. The total origination value was $859,545,000, with an average loan value of $198,097.

JACKSON's average closing costs are $4,477.

The top JACKSON lender as defined by loan originations is Leaders Credit Union, with 185 loans originated. Their average total fees are $3,018, which is $1,098 lower than the next largest lender, Regions Bank.

The lowest fee JACKSON lenders (with over 10 loans originated) are Leaders Credit Union ($3,018), JPMorgan Chase Bank ($3,381), Simmons Bank ($3,382), BancorpSouth ($3,761) and First Horizon Bank ($3,927).

The lowest rate JACKSON lenders (with over 10 loans originated) are FREEDOM MORTGAGE CORPORATION (4.45%), LOANDEPOT.COM, LLC (4.64%), PENNYMAC LOAN SERVICES, LLC (4.90%), BancorpSouth (4.90%) and First Horizon Bank (4.91%).

JACKSON, TN 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
Leaders Credit Union $119,750,000 $100,210,000 -16.3% 11.7%
Simmons Bank $62,115,000 $82,385,000 32.6% 9.6%
Regions Bank $61,445,000 $50,700,000 -17.5% 5.9%
QUICKEN LOANS, LLC $64,650,000 $48,080,000 -25.6% 5.6%
MORTGAGE INVESTORS GROUP, INC. $62,255,000 $44,825,000 -28.0% 5.2%
FirstBank $46,555,000 $42,135,000 -9.5% 4.9%
BancorpSouth Bank $43,870,000 $36,015,000 -17.9% 4.2%
Centennial Bank $21,960,000 $28,470,000 29.6% 3.3%
Commercial Bank & Trust Co. $31,965,000 $27,750,000 -13.2% 3.2%
GREYSTONE SERVICING COMPANY LLC $23,485,000 n/a 2.7%
FIRST COMMUNITY MORTGAGE, INC. $52,830,000 $23,355,000 -55.8% 2.7%
COMMUNITY BANK $19,000,000 n/a 2.2%
Mortgage Research Center, LLC $15,755,000 $16,660,000 5.7% 1.9%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $15,155,000 n/a 1.8%
PENNYMAC LOAN SERVICES, LLC $15,000,000 $11,755,000 -21.6% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $6,585,000 $11,370,000 72.7% 1.3%
Capital One $10,400,000 n/a 1.2%
First Citizens National Bank $6,965,000 $9,080,000 30.4% 1.1%
First Horizon Bank $7,475,000 $8,485,000 13.5% 1.0%
WALKER & DUNLOP, LLC $46,420,000 $7,985,000 -82.8% 0.9%
Wells Fargo Bank $13,340,000 $7,955,000 -40.4% 0.9%
LOANDEPOT.COM, LLC $9,500,000 $7,905,000 -16.8% 0.9%
Bank of England $6,215,000 $7,490,000 20.5% 0.9%
STOCKTON MORTGAGE CORPORATION $4,435,000 $6,980,000 57.4% 0.8%
FREEDOM MORTGAGE CORPORATION $22,635,000 $6,725,000 -70.3% 0.8%
Carroll Bank and Trust $9,205,000 $6,435,000 -30.1% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $7,305,000 $5,485,000 -24.9% 0.6%
FINANCE OF AMERICA MORTGAGE LLC $400,000 $5,460,000 1,265.0% 0.6%
EVERETT FINANCIAL, INC. $1,890,000 $4,860,000 157.1% 0.6%
Farm Credit Mid-America, ACA $7,440,000 $4,835,000 -35.0% 0.6%
MID AMERICA MORTGAGE, INC. $8,270,000 $4,750,000 -42.6% 0.6%
CALIBER HOME LOANS, INC. $9,015,000 $4,315,000 -52.1% 0.5%
JPMorgan Chase Bank $18,850,000 $3,985,000 -78.9% 0.5%
Carrington Mortgage Services, LLC $2,590,000 $3,580,000 38.2% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,365,000 $3,520,000 48.8% 0.4%
USAA Federal Savings Bank $4,650,000 $3,470,000 -25.4% 0.4%
AMERISAVE MORTGAGE CORPORATION $4,490,000 $3,185,000 -29.1% 0.4%
LENDINGHOME FUNDING CORPORATION $830,000 $2,995,000 260.8% 0.3%
NAVY FEDERAL CREDIT UNION $4,450,000 $2,955,000 -33.6% 0.3%
The First National Bank of Middle Tennessee $6,305,000 $2,665,000 -57.7% 0.3%
BROKER SOLUTIONS, INC. $3,835,000 $2,615,000 -31.8% 0.3%
Sierra Pacific Mortgage Company, Inc. $5,360,000 $2,595,000 -51.6% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,430,000 $2,580,000 6.2% 0.3%
Renasant Bank $3,675,000 $2,560,000 -30.3% 0.3%
Brighton Bank $4,050,000 $2,285,000 -43.6% 0.3%
INSOUTH Bank $2,215,000 $2,185,000 -1.4% 0.3%
LAKEVIEW LOAN SERVICING, LLC $3,935,000 $2,140,000 -45.6% 0.2%
21ST MORTGAGE CORPORATION $2,435,000 $2,135,000 -12.3% 0.2%
CMG MORTGAGE, INC. $2,120,000 $2,080,000 -1.9% 0.2%
NEW DAY FINANCIAL, LLC $2,165,000 $1,990,000 -8.1% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,400,000 $1,965,000 40.4% 0.2%
U.S. Bank $3,830,000 $1,815,000 -52.6% 0.2%
Paramount Residential Mortgage Group, Inc. $4,265,000 $1,810,000 -57.6% 0.2%
LEADERONE FINANCIAL CORPORATION $810,000 $1,805,000 122.8% 0.2%
First Commercial Bank $225,000 $1,800,000 700.0% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,460,000 $1,775,000 -27.8% 0.2%
FIRST SOUTH FINANCIAL $1,275,000 $1,710,000 34.1% 0.2%
HOME POINT FINANCIAL CORPORATION $1,225,000 $1,710,000 39.6% 0.2%
Equity Prime Mortgage LLC $275,000 $1,695,000 516.4% 0.2%
Truist $2,650,000 $1,695,000 -36.0% 0.2%
PNC Bank $395,000 $1,610,000 307.6% 0.2%
COMMUNITY MORTGAGE CORPORATION $1,355,000 $1,600,000 18.1% 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $895,000 $1,570,000 75.4% 0.2%
Pinnacle Bank $775,000 $1,500,000 93.5% 0.2%
Legends Bank $3,850,000 $1,495,000 -61.2% 0.2%
MOVEMENT MORTGAGE, LLC $1,045,000 $1,485,000 42.1% 0.2%
Memphis City Employees Credit Union $1,440,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,200,000 $1,415,000 17.9% 0.2%
BETTER MORTGAGE CORPORATION $6,210,000 $1,410,000 -77.3% 0.2%
Orion Federal Credit Union $3,960,000 $1,385,000 -65.0% 0.2%
AmeriHome Mortgage Company, LLC $3,050,000 $1,380,000 -54.8% 0.2%
NEWREZ LLC $3,925,000 $1,380,000 -64.8% 0.2%
Hometown Lenders, Inc. $1,610,000 $1,330,000 -17.4% 0.2%
Trustmark National Bank $1,105,000 $1,255,000 13.6% 0.1%
SWBC MORTGAGE CORPORATION $820,000 $1,195,000 45.7% 0.1%
Nations Lending Corporation $565,000 $1,190,000 110.6% 0.1%
The Bank of Holly Springs $1,170,000 n/a 0.1%
Citizens Bank $3,375,000 $1,165,000 -65.5% 0.1%
Flagstar Bank, FSB $1,035,000 $1,095,000 5.8% 0.1%
PREMIA MORTGAGE, LLC $1,050,000 $1,045,000 -0.5% 0.1%
The Federal Savings Bank $935,000 $1,010,000 8.0% 0.1%
ROYAL UNITED MORTGAGE LLC $1,340,000 $1,005,000 -25.0% 0.1%
CHURCHILL MORTGAGE CORPORATION $2,570,000 $1,000,000 -61.1% 0.1%
Evolve Bank & Trust $290,000 $1,000,000 244.8% 0.1%
GUARANTEED RATE, INC. $475,000 $985,000 107.4% 0.1%
The Bank of Fayette County $1,300,000 $960,000 -26.2% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $910,000 n/a 0.1%
PLANET HOME LENDING, LLC $1,755,000 $900,000 -48.7% 0.1%
Discover Bank $215,000 $885,000 311.6% 0.1%
GUARANTEED RATE AFFINITY, LLC $545,000 $880,000 61.5% 0.1%
Patriot Bank $1,500,000 $870,000 -42.0% 0.1%
TRIAD FINANCIAL SERVICES, INC. $555,000 $865,000 55.9% 0.1%
TriStar Bank $165,000 $845,000 412.1% 0.1%
SIRVA MORTGAGE, INC. $185,000 $835,000 351.4% 0.1%
Raymond James Bank $805,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $180,000 $795,000 341.7% 0.1%
Arvest Bank $270,000 $780,000 188.9% 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,280,000 $780,000 -39.1% 0.1%
First Federal Bank $385,000 $760,000 97.4% 0.1%
PHH Mortgage Corporation $210,000 $730,000 247.6% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $2,035,000 $720,000 -64.6% 0.1%
Stifel Bank and Trust $645,000 $720,000 11.6% 0.1%
U. T. $715,000 n/a 0.1%
First Guaranty Mortgage Corporation $2,935,000 $705,000 -76.0% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,260,000 $650,000 -48.4% 0.1%
CB&S Bank, Inc. $1,010,000 $645,000 -36.1% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,910,000 $640,000 -66.5% 0.1%
NBKC BANK $500,000 $630,000 26.0% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $625,000 n/a 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $730,000 $605,000 -17.1% 0.1%
TOP FLITE FINANCIAL, INC. $220,000 $600,000 172.7% 0.1%
HOMESIDE FINANCIAL, LLC $1,185,000 $590,000 -50.2% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $590,000 n/a 0.1%
Third Federal Savings and Loan Association of Cleveland $275,000 $590,000 114.5% 0.1%
Florida Capital Bank $115,000 $585,000 408.7% 0.1%
The Central Trust Bank $585,000 n/a 0.1%
Ally Bank $310,000 $575,000 85.5% 0.1%
FINANCE OF AMERICA REVERSE LLC $565,000 n/a 0.1%
GENEVA FINANCIAL, LLC $560,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $900,000 $560,000 -37.8% 0.1%
RUOFF MORTGAGE COMPANY, INC. $450,000 $545,000 21.1% 0.1%
BARTLETT MORTGAGE, INC. $765,000 $540,000 -29.4% 0.1%
UNION HOME MORTGAGE CORP. $185,000 $540,000 191.9% 0.1%
Bank of America $1,125,000 $530,000 -52.9% 0.1%
North American Savings Bank, F.S.B. $135,000 $520,000 285.2% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $1,315,000 $515,000 -60.8% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $125,000 $515,000 312.0% 0.1%
VILLAGE CAPITAL MORTGAGE $3,995,000 $515,000 -87.1% 0.1%
Magnolia Bank $510,000 n/a 0.1%
Southern Bank of Tennessee $505,000 n/a 0.1%
AMERICAN MORTGAGE SERVICES INCORPORATED $215,000 $500,000 132.6% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $85,000 $490,000 476.5% 0.1%
PURDUE FEDERAL CREDIT UNION $490,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $1,320,000 $485,000 -63.3% 0.1%
CU COMMUNITY, LLC $1,420,000 $485,000 -65.8% 0.1%
UBS Bank USA $485,000 n/a 0.1%
BankTennessee $480,000 n/a 0.1%
Figure Lending LLC $140,000 $455,000 225.0% 0.1%
LOANPAL, LLC $230,000 $445,000 93.5% 0.1%
U S WIDE FINANCIAL LLC $445,000 n/a 0.1%
First Internet Bank of Indiana $265,000 $440,000 66.0% 0.1%
Old National Bank $435,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $975,000 $430,000 -55.9% 0.1%
CANOPY MORTGAGE, LLC $420,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $75,000 $410,000 446.7% 0.0%
CapStar Bank $320,000 $405,000 26.6% 0.0%
Citizens Bank of Lafayette $405,000 n/a 0.0%
Listerhill Credit Union $335,000 $405,000 20.9% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $405,000 n/a 0.0%
FAIR WAY LENDING LLC $385,000 n/a 0.0%
JLB CORPORATION $250,000 $380,000 52.0% 0.0%
SOUTHWEST FUNDING, LP $1,525,000 $380,000 -75.1% 0.0%
Origin Bank $375,000 n/a 0.0%
Southeast Financial Credit Union $115,000 $375,000 226.1% 0.0%
INTERCOASTAL MORTGAGE COMPANY $345,000 n/a 0.0%
ISERVE RESIDENTIAL LENDING, LLC $235,000 $345,000 46.8% 0.0%
F&M Bank $1,490,000 $340,000 -77.2% 0.0%
GREAT WESTERN FINANCIAL SERVICES, INC. $205,000 $335,000 63.4% 0.0%
Truliant Federal Credit Union $335,000 n/a 0.0%
Morgan Stanley Private Bank $325,000 n/a 0.0%
Plains Commerce Bank $325,000 n/a 0.0%
The Home Loan Expert LLC $985,000 $325,000 -67.0% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $320,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $315,000 n/a 0.0%
KELLER MORTGAGE, LLC $295,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $195,000 $285,000 46.2% 0.0%
Truity Federal Credit Union $265,000 $285,000 7.5% 0.0%
ARC HOME LLC $280,000 n/a 0.0%
CASTLE & COOKE MORTGAGE, LLC $695,000 $280,000 -59.7% 0.0%
M&T Bank $280,000 n/a 0.0%
AMERIFIRST FINANCIAL CORPORATION $275,000 n/a 0.0%
Cornerstone First Mortgage, Inc $135,000 $275,000 103.7% 0.0%
Hometown Equity Mortgage, LLC $155,000 $275,000 77.4% 0.0%
Peoples Bank $275,000 n/a 0.0%
PROVIDENT FUNDING ASSOCIATES, L.P. $275,000 n/a 0.0%
EVANSVILLE TEACHERS $175,000 $270,000 54.3% 0.0%
CLEARPATH LENDING $1,720,000 $265,000 -84.6% 0.0%
HOMESTAR FINANCIAL CORPORATION $135,000 $265,000 96.3% 0.0%
HOMEXPRESS MORTGAGE CORP. $265,000 n/a 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $970,000 $265,000 -72.7% 0.0%
BAY EQUITY LLC $65,000 $255,000 292.3% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $105,000 $255,000 142.9% 0.0%
Midwest BankCentre $255,000 n/a 0.0%
SENB Bank $155,000 $255,000 64.5% 0.0%
United Community Bank $255,000 n/a 0.0%
ASCEND FEDERAL CREDIT UNION $815,000 $250,000 -69.3% 0.0%
LIMA ONE CAPITAL, LLC $105,000 $250,000 138.1% 0.0%
Century Mortgage Company DBA Century Lending Company $245,000 n/a 0.0%
Home Federal Bank $245,000 n/a 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $205,000 $245,000 19.5% 0.0%
Cf Bank $235,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $135,000 $235,000 74.1% 0.0%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $185,000 $225,000 21.6% 0.0%
AMWEST FUNDING CORP. $215,000 n/a 0.0%
DIRECT MORTGAGE LOANS, LLC $245,000 $215,000 -12.2% 0.0%
ENDEAVOR CAPITAL, LLC. $495,000 $215,000 -56.6% 0.0%
The Paducah Bank and Trust Company $215,000 n/a 0.0%
UNIFY FINANCIAL Credit Union $215,000 n/a 0.0%
Blue Ridge Bank $205,000 n/a 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $205,000 $205,000 0.0% 0.0%
LADERA LENDING, INC. $815,000 $205,000 -74.8% 0.0%
NexBank $205,000 n/a 0.0%
Servion, Inc. $330,000 $205,000 -37.9% 0.0%
Armed Forces Bank $195,000 n/a 0.0%
INTERLINC MORTGAGE SERVICES, LLC $270,000 $185,000 -31.5% 0.0%
First Southern National Bank $175,000 n/a 0.0%
Baxter Credit Union $170,000 n/a 0.0%
Alcova Mortgage LLC $165,000 n/a 0.0%
AMCAP MORTGAGE, LTD. $125,000 $165,000 32.0% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $675,000 $165,000 -75.6% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $580,000 $165,000 -71.6% 0.0%
THE MORTGAGE FIRM, INC. $165,000 n/a 0.0%
Meridian Bank Corporation $155,000 n/a 0.0%
Wilson Bank And Trust $155,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $145,000 n/a 0.0%
Deere Employees Credit Union $385,000 $125,000 -67.5% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $385,000 $125,000 -67.5% 0.0%
ServisFirst Bank $125,000 n/a 0.0%
AMERICAN ADVISORS GROUP $580,000 $120,000 -79.3% 0.0%
Capitol Federal Savings Bank $115,000 n/a 0.0%
CITIZENS EQUITY FIRST $115,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $115,000 n/a 0.0%
Wolfe Financial, Inc $6,415,000 $115,000 -98.2% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $515,000 $105,000 -79.6% 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $105,000 n/a 0.0%
Guaranty Bank and Trust Company $105,000 n/a 0.0%
KNOXVILLE TVA EMPLOYEES CREDIT UNION $105,000 n/a 0.0%
NJ LENDERS CORP. $105,000 n/a 0.0%
Apex Bank $155,000 $100,000 -35.5% 0.0%
AMERICAN HERITAGE LENDING, INC. $95,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $95,000 n/a 0.0%
Austin Capital Bank SSB $315,000 $85,000 -73.0% 0.0%
CSL Financial, LLC $85,000 n/a 0.0%
Home State Bank $85,000 n/a 0.0%
NP, Inc. $85,000 n/a 0.0%
SPRING EQ, LLC $55,000 $85,000 54.5% 0.0%
Fifth Third Bank $1,240,000 $80,000 -93.5% 0.0%
Bell Bank $145,000 $75,000 -48.3% 0.0%
CORNERSTONE FINANCIAL CREDIT UNION $75,000 n/a 0.0%
EASTMAN $245,000 $75,000 -69.4% 0.0%
Mountain Valley Bank $75,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $175,000 $55,000 -68.6% 0.0%

JACKSON's top lender by overall market share is Leaders Credit Union, with 11.7% market share. In second place, with 9.6%, is Simmons Bank, having originated $82,385,000 in loans. In third place, with 5.9%, is Regions Bank, having originated $50,700,000 in loans. In fourth place, with 5.6%, is QUICKEN LOANS, LLC, having originated $48,080,000 in loans. In fifth place, with 5.2%, is MORTGAGE INVESTORS GROUP, INC., having originated $44,825,000 in loans.


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

Realtor.com - JACKSON (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 $129,900 (11.1%) $178,863 (13.0%) 0.00 657
2018-02-01 $127,900 (9.6%) $178,849 (13.8%) 0.00 652
2018-03-01 $133,000 (13.9%) $183,765 (16.2%) 0.00 644
2018-04-01 $132,400 (14.9%) $182,614 (16.6%) 0.00 599
2018-05-01 $132,975 (10.9%) $190,763 (18.1%) 0.00 604
2018-06-01 $132,450 (6.0%) $187,285 (13.9%) 0.00 623
2018-07-01 $139,450 (8.9%) $188,503 (13.1%) 0.00 648
2018-08-01 $142,450 (12.7%) $193,408 (15.8%) 0.00 679
2018-09-01 $139,999 (8.1%) $191,191 (9.3%) 0.00 695
2018-10-01 $135,450 (5.5%) $185,089 (4.0%) 0.00 726
2018-11-01 $139,325 (8.3%) $185,963 (5.2%) 0.00 711
2018-12-01 $137,500 (5.9%) $184,855 (3.5%) 0.00 637
2019-01-01 $139,900 (7.7%) $186,838 (4.5%) 0.00 580
2019-02-01 $141,925 (11.0%) $190,278 (6.4%) 0.00 539
2019-03-01 $148,186 (11.4%) $195,823 (6.6%) 0.00 531
2019-04-01 $153,438 (15.9%) $203,194 (11.3%) 0.00 533
2019-05-01 $165,900 (24.8%) $212,939 (11.6%) 0.00 530
2019-06-01 $164,900 (24.5%) $210,393 (12.3%) 0.00 556
2019-07-01 $152,900 (9.7%) $202,878 (7.6%) 0.00 582
2019-08-01 $144,509 (1.5%) $195,760 (1.2%) 0.00 597
2019-09-01 $147,598 (5.4%) $196,475 (2.8%) 0.00 607
2019-10-01 $149,975 (10.7%) $197,458 (6.7%) 0.00 613
2019-11-01 $154,900 (11.2%) $200,066 (7.6%) 0.00 585
2019-12-01 $156,900 (14.1%) $201,438 (9.0%) 0.00 503
2020-01-01 $149,975 (7.2%) $198,804 (6.4%) 0.00 482
2020-02-01 $154,900 (9.1%) $200,752 (5.5%) 0.00 438
2020-03-01 $159,375 (7.6%) $205,129 (4.8%) 0.00 455
2020-04-01 $165,925 (8.1%) $208,242 (2.5%) 0.00 459
2020-05-01 $169,000 (1.9%) $210,491 (-1.2%) 0.00 412
2020-06-01 $174,675 (5.9%) $219,883 (4.5%) 0.00 358
2020-07-01 $177,450 (16.1%) $223,953 (10.4%) 0.00 336
2020-08-01 $179,900 (24.5%) $226,178 (15.5%) 0.00 306
2020-09-01 $179,900 (21.9%) $233,286 (18.7%) 0.00 277
2020-10-01 $175,000 (16.7%) $236,913 (20.0%) 0.00 248
2020-11-01 $169,900 (9.7%) $239,191 (19.6%) 0.00 261
2020-12-01 $184,500 (17.6%) $250,931 (24.6%) 0.00 241
2021-01-01 $182,400 (21.6%) $263,285 (32.4%) 0.00 198
2021-02-01 $179,600 (16.0%) $273,387 (36.2%) 0.00 156
2021-03-01 $169,225 (6.2%) $248,708 (21.2%) 0.00 139
2021-04-01 $173,700 (4.7%) $245,756 (18.0%) 0.00 127
2021-05-01 $169,900 (0.5%) $260,591 (23.8%) 0.00 134
2021-06-01 $180,725 (3.5%) $269,887 (22.7%) 0.00 149
2021-07-01 $195,000 (9.9%) $266,873 (19.2%) 0.00 176
2021-08-01 $202,450 (12.5%) $262,580 (16.1%) 0.00 194
2021-09-01 $194,750 (8.3%) $256,756 (10.1%) 0.00 210
2021-10-01 $197,450 (12.8%) $258,848 (9.3%) 0.00 210
2021-11-01 $199,450 (17.4%) $262,304 (9.7%) 0.00 208
2021-12-01 $199,900 (8.4%) $256,616 (2.3%) 0.00 211
2022-01-01 $199,000 (9.1%) $259,920 (-1.3%) 0.00 186
2022-02-01 $182,325 (1.5%) $245,486 (-10.2%) 0.00 173
2022-03-01 $184,675 (9.1%) $244,403 (-1.7%) 0.00 163
2022-04-01 $199,900 (15.1%) $253,242 (3.1%) 0.00 170
2022-05-01 $232,350 (36.8%) $281,072 (7.9%) 0.00 179
2022-06-01 $224,950 (24.5%) $289,044 (7.1%) 0.00 228
2022-07-01 $242,500 (24.4%) $296,127 (11.0%) 0.00 291
2022-08-01 $249,450 (23.2%) $303,280 (15.5%) 0.00 298
2022-09-01 $264,175 (35.7%) $310,675 (21.0%) 0.00 340
2022-10-01 $269,000 (36.2%) $316,963 (22.5%) 0.00 364
2022-11-01 $264,900 (32.8%) $313,672 (19.6%) 0.00 370
2022-12-01 $264,900 (32.5%) $319,994 (24.7%) 0.00 350
2023-01-01 $269,450 (35.4%) $328,924 (26.6%) 0.00 336
2023-02-01 $274,900 (50.8%) $333,327 (35.8%) 0.00 307
2023-03-01 $293,225 (58.8%) $334,448 (36.8%) 0.00 302
2023-04-01 $295,000 (47.6%) $340,243 (34.4%) 0.00 290
2023-05-01 $300,450 (29.3%) $351,314 (25.0%) 0.00 280
2023-06-01 $309,675 (37.7%) $361,631 (25.1%) 0.00 294
2023-07-01 $299,950 (23.7%) $363,434 (22.7%) 0.00 319
2023-08-01 $298,950 (19.8%) $370,055 (22.0%) 0.00 311
2023-09-01 $299,000 (13.2%) $382,510 (23.1%) 0.00 314
2023-10-01 $294,350 (9.4%) $367,475 (15.9%) 0.00 376
2023-11-01 $289,900 (9.4%) $361,853 (15.4%) 0.00 386
2023-12-01 $289,900 (9.4%) $338,844 (5.9%) 0.00 397
2024-01-01 $285,150 (5.8%) $332,953 (1.2%) 0.00 384
JACKSON's median listing price for 2024-01-01 was $285,150, a difference of $15,700 (5.8%) versus the prior year and $-4,750 versus the prior month.

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

JACKSON's average listing price for 2024-01-01 was $332,953, a difference of $4,029 (1.2%) versus the prior year and $-5,891 versus the prior month.

For the 2024-01-01 period, JACKSON had 384 MLS listings, a difference of -13 listings (-3%) versus the prior month and 48 listings (14%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - JACKSON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,864 sqft
2018-02-01 0 days 1,840 sqft
2018-03-01 0 days 1,883 sqft
2018-04-01 0 days 1,866 sqft
2018-05-01 0 days 1,889 sqft
2018-06-01 0 days 1,850 sqft
2018-07-01 0 days 1,863 sqft
2018-08-01 0 days 1,938 sqft
2018-09-01 0 days 1,972 sqft
2018-10-01 0 days 1,883 sqft
2018-11-01 0 days 1,881 sqft
2018-12-01 0 days 1,904 sqft
2019-01-01 0 days 1,878 sqft
2019-02-01 0 days 1,881 sqft
2019-03-01 0 days 1,889 sqft
2019-04-01 0 days 1,911 sqft
2019-05-01 0 days 2,016 sqft
2019-06-01 0 days 1,964 sqft
2019-07-01 0 days 1,913 sqft
2019-08-01 0 days 1,873 sqft
2019-09-01 0 days 1,865 sqft
2019-10-01 0 days 1,859 sqft
2019-11-01 0 days 1,894 sqft
2019-12-01 0 days 1,891 sqft
2020-01-01 0 days 1,868 sqft
2020-02-01 0 days 1,926 sqft
2020-03-01 0 days 1,917 sqft
2020-04-01 0 days 1,953 sqft
2020-05-01 0 days 1,956 sqft
2020-06-01 0 days 1,981 sqft
2020-07-01 0 days 2,003 sqft
2020-08-01 0 days 1,965 sqft
2020-09-01 0 days 1,967 sqft
2020-10-01 0 days 1,938 sqft
2020-11-01 0 days 1,981 sqft
2020-12-01 0 days 1,958 sqft
2021-01-01 0 days 1,950 sqft
2021-02-01 0 days 1,940 sqft
2021-03-01 0 days 1,779 sqft
2021-04-01 0 days 1,870 sqft
2021-05-01 0 days 1,852 sqft
2021-06-01 0 days 1,746 sqft
2021-07-01 0 days 1,810 sqft
2021-08-01 0 days 1,818 sqft
2021-09-01 0 days 1,821 sqft
2021-10-01 0 days 1,800 sqft
2021-11-01 0 days 1,726 sqft
2021-12-01 0 days 1,718 sqft
2022-01-01 0 days 1,714 sqft
2022-02-01 0 days 1,665 sqft
2022-03-01 0 days 1,683 sqft
2022-04-01 0 days 1,726 sqft
2022-05-01 0 days 1,753 sqft
2022-06-01 0 days 1,808 sqft
2022-07-01 0 days 1,901 sqft
2022-08-01 0 days 1,892 sqft
2022-09-01 0 days 1,890 sqft
2022-10-01 0 days 1,919 sqft
2022-11-01 0 days 1,991 sqft
2022-12-01 0 days 1,961 sqft
2023-01-01 0 days 1,924 sqft
2023-02-01 0 days 1,917 sqft
2023-03-01 0 days 1,965 sqft
2023-04-01 0 days 1,962 sqft
2023-05-01 0 days 1,975 sqft
2023-06-01 0 days 2,063 sqft
2023-07-01 0 days 2,061 sqft
2023-08-01 0 days 2,077 sqft
2023-09-01 0 days 2,000 sqft
2023-10-01 0 days 1,969 sqft
2023-11-01 0 days 1,933 sqft
2023-12-01 0 days 1,911 sqft
2024-01-01 0 days 1,896 sqft
JACKSON's median listing age (time on market) for 2024-01-01 was 0 days.

JACKSON's median square footage for active listings during the 2024-01-01 period was 1,896 sqft. One year prior, the average listing was 1,924 sqft.

JACKSON, TN Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
38006 Jackson, TN $500 $600 $750 $1,040 $1,240
38044 Jackson, TN $500 $600 $750 $1,040 $1,040
38301 Jackson, TN $520 $610 $790 $1,080 $1,090
38302 Jackson, TN $570 $660 $860 $1,180 $1,190
38303 Jackson, TN $570 $660 $860 $1,180 $1,190
38305 Jackson, TN $630 $730 $950 $1,300 $1,310
38308 Jackson, TN $570 $660 $860 $1,180 $1,190
38313 Jackson, TN $500 $600 $750 $1,040 $1,040
38315 Jackson, TN $500 $600 $750 $1,040 $1,040
38332 Jackson, TN $500 $600 $750 $1,040 $1,040
38334 Jackson, TN $500 $600 $750 $1,040 $1,040
38340 Jackson, TN $500 $600 $750 $1,040 $1,040
38343 Jackson, TN $500 $600 $750 $1,040 $1,230
38345 Jackson, TN $500 $600 $750 $1,040 $1,040
38347 Jackson, TN $590 $690 $890 $1,220 $1,230
38348 Jackson, TN $550 $640 $830 $1,140 $1,190
38351 Jackson, TN $570 $660 $860 $1,180 $1,190
38352 Jackson, TN $500 $600 $750 $1,040 $1,040
38355 Jackson, TN $690 $830 $1,040 $1,420 $1,720
38356 Jackson, TN $500 $600 $750 $1,040 $1,040
38359 Jackson, TN $500 $600 $750 $1,040 $1,040
38362 Jackson, TN $730 $850 $1,100 $1,510 $1,520
38366 Jackson, TN $500 $600 $750 $1,040 $1,040
38368 Jackson, TN $500 $600 $750 $1,040 $1,040
38371 Jackson, TN $500 $600 $750 $1,040 $1,040
38391 Jackson, TN $500 $600 $750 $1,040 $1,040
38392 Jackson, TN $500 $600 $750 $1,040 $1,040

2022 Average & Median Rent Data Statistics
JACKSON, TN average 1BR rent: $637, median: $600
JACKSON, TN average 2BR rent: $807, median: $750
JACKSON, TN average 3BR rent: $1,114, median: $1,040

JACKSON, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,182 $520,210,000 $238,410
Cash Out Refi 719 $117,715,000 $163,720
Refi 703 $162,135,000 $230,633
Other 379 $31,775,000 $83,839
Home Improvement 356 $27,710,000 $77,837

Jackson's most frequently cited loan purpose was Home Purchase, with 2,182 originations. The 2nd most popular reason was Cash Out Refi, with 719 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 970 $185,470,000 $191,206
4-5% 873 $195,775,000 $224,255
3-4% 793 $187,295,000 $236,185
6-7% 419 $70,255,000 $167,673
2.5-3% 257 $44,665,000 $173,794
7-8% 183 $23,145,000 $126,475
<2.5% 157 $12,845,000 $81,815
Over 8% 144 $13,110,000 $91,042

During 2022, Jackson's most frequently originated rate bucket was 5-6%, with 970 originations.

Loan Sizing (JACKSON, TN MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,616 $237,740,000 $147,116
$100,000 or less 1,327 $73,635,000 $55,490
$200k-400k 1,180 $316,190,000 $267,958
$400k-600k 150 $70,460,000 $469,733
$600k-1000k 40 $30,190,000 $754,750
$Over $1MM 26 $131,330,000 $5,051,154

JACKSON's loan sizing saw the bucket of loans from $100k-200k with 1,616 originations, totaling $237,740,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,536 $346,550,000 $225,618
60-80% 985 $250,945,000 $254,766
Under 20% 426 $15,510,000 $36,408
20-40% 412 $34,090,000 $82,743
40-60% 367 $75,255,000 $205,054
Over 100% 62 $17,030,000 $274,677

JACKSON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,536 originations, totaling $346,550,000 in origination value.