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 6.91% for the week of 2024-11-27, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2024-11-21) was 6.74% and one month ago for the week of 2024-10-24, the average rate was 6.34%.

Jackson's average rate one year ago was 7.29%.

For refis of the same type during the week of 2024-11-27, the average rate was 7.72%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-27 6.81%
Jackson 30 Year Fixed Rate 2024-11-27 6.91%
Jackson 30 Year Fixed Rate Refi 2024-11-27 7.72%
Jackson 15 Year Fixed Rate 2024-11-27 6%
Jackson 15 Year Fixed Rate Refi 2024-11-27 6.4%
Jackson 30 Year FHA 2024-11-27 -0.31%
Jackson 30 Year FHA Refi 2024-11-27 0.2%
Jackson 30 Year USDA 2024-11-27 -0.27%
Jackson 30 Year USDA Refi 2024-11-27 0%
Jackson 30 Year VA 2024-11-27 -0.17%
Jackson 30 Year VA Refi 2024-11-27 -0.2%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Leaders Credit Union 144 6.76% $3,181
MORTGAGE INVESTORS GROUP, INC. 94 6.59% $5,159
Regions Bank 50 6.76% $4,528
QUICKEN LOANS, LLC 46 6.90% $5,960
Simmons Bank 39 6.78% $3,737
FIRST COMMUNITY MORTGAGE, INC. 30 6.71% $6,668
FirstBank 26 6.98% $4,855
BancorpSouth 22 6.73% $4,133
UNITED WHOLESALE MORTGAGE, LLC 17 6.97% $5,468
Orion Federal Credit Union 14 6.29% $2,935
Farm Credit Mid-America, ACA 8 7.03% $6,216
JPMorgan Chase Bank 8 6.72% $3,737
VANDERBILT MORTGAGE AND FINANCE, INC. 8 7.82% $5,305
First Citizens National Bank 7 6.66% $3,479
PENNYMAC LOAN SERVICES, LLC 6 6.37% $9,465
21ST MORTGAGE CORPORATION 6 8.03% $5,989
CMG MORTGAGE, INC. 6 6.14% $4,706
Mr. Cooper ( Nationstar Mortgage ) 6 7.00% $7,252
First Horizon Bank 5 6.25% $3,426
Bank of England 5 7.18% $5,278
CROSSCOUNTRY MORTGAGE, LLC 5 6.95% $6,251
Mortgage Research Center, LLC 4 6.75% $4,575
Wells Fargo Bank 4 7.16% $3,830
LOANDEPOT.COM, LLC 4 6.71% $7,215
F&M Bank 3 6.50% $5,261
COMMUNITY MORTGAGE CORPORATION 3 6.83% $5,481
MORTGAGE ACCESS CORP. 3 7.04% $6,478
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.41% $5,906
Renasant Bank 3 7.71% $3,250
FREEDOM MORTGAGE CORPORATION 3 7.29% $6,804
USAA Federal Savings Bank 3 7.21% $4,020
Plains Commerce Bank 3 6.92% $8,217
Pinnacle Bank 3 6.63% $2,893
BROKER SOLUTIONS, INC. 3 6.63% $6,626
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.92% $5,866
PREMIA MORTGAGE, LLC 3 6.72% $75
NAVY FEDERAL CREDIT UNION 3 7.08% $6,821
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.92% $7,866
CHURCHILL MORTGAGE CORPORATION 3 7.46% $4,408
BARTLETT MORTGAGE, INC. 2 7.25% $3,515
Bank of America 2 6.50% $6,510
BETTER MORTGAGE CORPORATION 2 5.88% $2,822
Discover Bank 2 7.87% $0
Franklin Loan Corporation 2 6.88% $8,910
GUARANTEED RATE, INC. 2 7.18% $5,871
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.38% $7,578
LEADERONE FINANCIAL CORPORATION 2 7.06% $8,010
Legends Bank 2 7.06% $5,704
MOVEMENT MORTGAGE, LLC 2 6.78% $4,390
NFM, INC. 2 6.75% $5,610
RELIANCE FIRST CAPITAL, LLC 2 6.44% $7,159
SIRVA MORTGAGE, INC. 2 6.75% $1,394
STOCKTON MORTGAGE CORPORATION 2 7.00% $4,467
The First National Bank of Middle Tennessee 2 6.88% $3,715
Truist 2 7.31% $5,498
U.S. Bank 2 6.31% $0
ZILLOW HOME LOANS, LLC 2 6.81% $4,916
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 1 6.75% $4,134
Midland States Bank 1 5.38% $3,038
Morgan Stanley Private Bank 1 5.25% $2,635
ENVOY MORTGAGE, LTD 1 7.50% $4,103
Eagle Bank and Trust Company 1 6.50% $7,991
DELMAR FINANCIAL COMPANY 1 7.13% $3,661
UNION HOME MORTGAGE CORP. 1 6.88% $4,516
Deere Employees Credit Union 1 5.75% $3,456
ChoiceOne Bank 1 8.25% $5,595
Charles Schwab Bank, SSB 1 6.10% $7,763
NBKC BANK 1 6.63% $9,328
NEWREZ LLC 1 7.63% $3,233
NexBank 1 7.88% $5,997
United Community Bank 1 6.75% $4,167
Northwest Bank 1 5.75% $4,313
NP, Inc. 1 7.63% $5,231
CB&S Bank, Inc. 1 5.99% $4,953
Paramount Residential Mortgage Group, Inc. 1 6.99% $6,856
Patriot Bank 1 6.88% $2,637
CARDINAL FINANCIAL 1 5.88% $5,997
PENTAGON FEDERAL CREDIT UNION 1 7.38% $5,107
Peoples Bank 1 6.38% $2,842
PHH Mortgage Corporation 1 8.50% $9,071
Capitol Federal Savings Bank 1 6.13% $10,466
BOKF 1 6.50% $3,369
PLANET HOME LENDING, LLC 1 6.63% $6,310
Barrington Bank & Trust Company, N.A. 1 6.25% $4,050
PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.50% $6,248
PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.13% $4,340
Bank Five Nine 1 5.50% $2,826
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.50% $3,990
AMERITRUST MORTGAGE CORPORATION 1 7.00% $5,802
Assurance Financial Group, L.L.C. 1 6.99% $4,654
ROYAL UNITED MORTGAGE LLC 1 7.13% $6,998
RUOFF MORTGAGE COMPANY, INC. 1 6.75% $6,120
SECURITYNATIONAL MORTGAGE COMPANY 1 6.49% $9,339
Arvest Bank 1 6.38% $3,894
Ameris Bank 1 6.75% $6,477
STATE EMPLOYEES' 1 5.65% $3,551
Wyndham Capital Mortgage, Inc. 1 6.00% $8,369
SWBC MORTGAGE CORPORATION 1 6.50% $2,752
The Federal Savings Bank 1 6.63% $3,520
AmeriHome Mortgage Company, LLC 1 7.99% $9,767
The Huntington National Bank 1 6.38% $2,425
GMFS LLC 1 6.38% $5,064
TJC Mortgage, Inc. 1 6.50% $11,778
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.63% $7,717
TOP FLITE FINANCIAL, INC. 1 6.50% $7,290
ISERVE RESIDENTIAL LENDING, LLC 1 6.38% $3,632
JMJ FINANCIAL GROUP 1 7.38% $10,426
Flagstar Bank, FSB 1 6.50% $5,923
AMERICAN HERITAGE LENDING, INC. 1 7.63% $5,705
First National Bank of Pennsylvania 1 6.25% $4,740
Trustmark National Bank 1 6.75% $3,920
EVERETT FINANCIAL, INC. 1 7.88% $4,963
LOANPAL, LLC 1 6.38% $6,300
LOANPEOPLE, LLC 1 6.13% $7,238

JACKSON Average Closing Costs & Other Stats

JACKSON, TN's 114 lenders originated 3,452 loans during 2023. The total origination value was $602,040,000, with an average loan value of $174,403.

JACKSON's average closing costs are $4,740.

The top JACKSON lender as defined by loan originations is Leaders Credit Union, with 144 loans originated. Their average total fees are $3,181, which is $1,979 lower than the next largest lender, MORTGAGE INVESTORS GROUP, INC..

The lowest fee JACKSON lenders (with over 10 loans originated) are Orion Federal Credit Union ($2,935), Leaders Credit Union ($3,181), Simmons Bank ($3,737), BancorpSouth ($4,133) and Regions Bank ($4,528).

The lowest rate JACKSON lenders (with over 10 loans originated) are Orion Federal Credit Union (6.29%), MORTGAGE INVESTORS GROUP, INC. (6.59%), FIRST COMMUNITY MORTGAGE, INC. (6.71%), BancorpSouth (6.73%) and Leaders Credit Union (6.76%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Leaders Credit Union $100,210,000 $87,385,000 -12.8% 14.5%
MORTGAGE INVESTORS GROUP, INC. $44,825,000 $45,320,000 1.1% 7.5%
Regions Bank $50,700,000 $32,305,000 -36.3% 5.4%
Simmons Bank $82,385,000 $30,380,000 -63.1% 5.0%
QUICKEN LOANS, LLC $48,080,000 $26,870,000 -44.1% 4.5%
BancorpSouth $36,015,000 $24,510,000 -31.9% 4.1%
Centennial Bank $28,470,000 $23,935,000 -15.9% 4.0%
FIRST COMMUNITY MORTGAGE, INC. $23,355,000 $23,895,000 2.3% 4.0%
FirstBank $42,135,000 $17,485,000 -58.5% 2.9%
Mortgage Research Center, LLC $16,660,000 $16,285,000 -2.3% 2.7%
UNITED WHOLESALE MORTGAGE, LLC $11,370,000 $14,075,000 23.8% 2.3%
COMMUNITY BANK $19,000,000 $13,430,000 -29.3% 2.2%
Commercial Bank & Trust Co. $27,750,000 $11,385,000 -59.0% 1.9%
First Citizens National Bank $9,080,000 $8,780,000 -3.3% 1.5%
PENNYMAC LOAN SERVICES, LLC $11,755,000 $6,435,000 -45.3% 1.1%
McKenzie Banking Company $5,795,000 n/a 1.0%
NAVY FEDERAL CREDIT UNION $2,955,000 $5,250,000 77.7% 0.9%
Bank of England $7,490,000 $5,185,000 -30.8% 0.9%
First Horizon Bank $8,485,000 $5,045,000 -40.5% 0.8%
Carroll Bank and Trust $6,435,000 $4,900,000 -23.9% 0.8%
BANK OF CROCKETT $4,870,000 n/a 0.8%
FREEDOM MORTGAGE CORPORATION $6,725,000 $4,550,000 -32.3% 0.8%
MID AMERICA MORTGAGE, INC. $4,750,000 $4,265,000 -10.2% 0.7%
STOCKTON MORTGAGE CORPORATION $6,980,000 $4,115,000 -41.0% 0.7%
CMG MORTGAGE, INC. $2,080,000 $4,095,000 96.9% 0.7%
THE PEOPLES BANK $4,010,000 n/a 0.7%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,580,000 $3,870,000 50.0% 0.6%
EVERETT FINANCIAL, INC. $4,860,000 $3,815,000 -21.5% 0.6%
21ST MORTGAGE CORPORATION $2,135,000 $3,810,000 78.5% 0.6%
Orion Federal Credit Union $1,385,000 $3,595,000 159.6% 0.6%
Decatur County Bank $3,290,000 n/a 0.5%
INSOUTH Bank $2,185,000 $2,965,000 35.7% 0.5%
FIRST SOUTH FINANCIAL $1,710,000 $2,760,000 61.4% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,965,000 $2,665,000 35.6% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $5,485,000 $2,600,000 -52.6% 0.4%
ORNL Federal Credit Union $2,505,000 n/a 0.4%
NEW DAY FINANCIAL, LLC $1,990,000 $2,480,000 24.6% 0.4%
The Federal Savings Bank $1,010,000 $2,425,000 140.1% 0.4%
Farm Credit Mid-America, ACA $4,835,000 $2,380,000 -50.8% 0.4%
The Bank of Jackson $2,315,000 n/a 0.4%
JPMorgan Chase Bank $3,985,000 $2,140,000 -46.3% 0.4%
GUARANTEED RATE, INC. $985,000 $2,060,000 109.1% 0.3%
NEWREZ LLC $1,380,000 $2,005,000 45.3% 0.3%
USAA Federal Savings Bank $3,470,000 $2,005,000 -42.2% 0.3%
VILLAGE CAPITAL MORTGAGE $515,000 $1,975,000 283.5% 0.3%
BROKER SOLUTIONS, INC. $2,615,000 $1,955,000 -25.2% 0.3%
Charles Schwab Bank, SSB $1,925,000 n/a 0.3%
Paramount Residential Mortgage Group, Inc. $1,810,000 $1,925,000 6.4% 0.3%
The First National Bank of Middle Tennessee $2,665,000 $1,915,000 -28.1% 0.3%
AMERISAVE MORTGAGE CORPORATION $3,185,000 $1,865,000 -41.4% 0.3%
Citizens Bank $1,165,000 $1,720,000 47.6% 0.3%
Carrington Mortgage Services, LLC $3,580,000 $1,700,000 -52.5% 0.3%
LOANDEPOT.COM, LLC $7,905,000 $1,690,000 -78.6% 0.3%
CARDINAL FINANCIAL $3,520,000 $1,680,000 -52.3% 0.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,775,000 $1,660,000 -6.5% 0.3%
Plains Commerce Bank $325,000 $1,640,000 404.6% 0.3%
COMMUNITY MORTGAGE CORPORATION $1,600,000 $1,630,000 1.9% 0.3%
RELIANCE FIRST CAPITAL, LLC $650,000 $1,505,000 131.5% 0.2%
LEADERONE FINANCIAL CORPORATION $1,805,000 $1,365,000 -24.4% 0.2%
Equity Prime Mortgage LLC $1,695,000 $1,350,000 -20.4% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,000,000 $1,310,000 31.0% 0.2%
Wells Fargo Bank $7,955,000 $1,250,000 -84.3% 0.2%
MORTGAGE ACCESS CORP. $1,220,000 n/a 0.2%
Legends Bank $1,495,000 $1,200,000 -19.7% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,415,000 $1,200,000 -15.2% 0.2%
CB&S Bank, Inc. $645,000 $1,095,000 69.8% 0.2%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $490,000 $1,085,000 121.4% 0.2%
EVANSVILLE TEACHERS $270,000 $1,045,000 287.0% 0.2%
PREMIA MORTGAGE, LLC $1,045,000 $1,005,000 -3.8% 0.2%
Capitol Federal Savings Bank $115,000 $975,000 747.8% 0.2%
LENDINGONE, LLC $975,000 n/a 0.2%
F&M Bank $340,000 $960,000 182.4% 0.2%
LOANPAL, LLC $445,000 $935,000 110.1% 0.2%
TOP FLITE FINANCIAL, INC. $600,000 $935,000 55.8% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $720,000 $920,000 27.8% 0.2%
U.S. Bank $1,815,000 $875,000 -51.8% 0.1%
Fifth Third Bank $80,000 $840,000 950.0% 0.1%
AmeriHome Mortgage Company, LLC $1,380,000 $790,000 -42.8% 0.1%
MOVEMENT MORTGAGE, LLC $1,485,000 $790,000 -46.8% 0.1%
ISERVE RESIDENTIAL LENDING, LLC $345,000 $785,000 127.5% 0.1%
Renasant Bank $2,560,000 $785,000 -69.3% 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $205,000 $755,000 268.3% 0.1%
Logan Finance Corporation $750,000 n/a 0.1%
Discover Bank $885,000 $735,000 -16.9% 0.1%
Pinnacle Bank $1,500,000 $735,000 -51.0% 0.1%
Bank of America $530,000 $720,000 35.8% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,570,000 $715,000 -54.5% 0.1%
PENTAGON FEDERAL CREDIT UNION $560,000 $695,000 24.1% 0.1%
BankTennessee $480,000 $680,000 41.7% 0.1%
GUARANTEED RATE AFFINITY, LLC $880,000 $680,000 -22.7% 0.1%
Patriot Bank $870,000 $680,000 -21.8% 0.1%
PLANET HOME LENDING, LLC $900,000 $670,000 -25.6% 0.1%
SIRVA MORTGAGE, INC. $835,000 $650,000 -22.2% 0.1%
Brighton Bank $2,285,000 $645,000 -71.8% 0.1%
Franklin Loan Corporation $645,000 n/a 0.1%
NBKC BANK $630,000 $635,000 0.8% 0.1%
Flagstar Bank, FSB $1,095,000 $625,000 -42.9% 0.1%
TRIAD FINANCIAL SERVICES, INC. $865,000 $625,000 -27.7% 0.1%
BETTER MORTGAGE CORPORATION $1,410,000 $620,000 -56.0% 0.1%
ZILLOW HOME LOANS, LLC $430,000 $610,000 41.9% 0.1%
First Commercial Bank $1,800,000 $590,000 -67.2% 0.1%
RUOFF MORTGAGE COMPANY, INC. $545,000 $590,000 8.3% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,140,000 $575,000 -73.1% 0.1%
Morgan Stanley Private Bank $325,000 $565,000 73.8% 0.1%
THE MORTGAGE FIRM, INC. $165,000 $565,000 242.4% 0.1%
Assurance Financial Group, L.L.C. $560,000 n/a 0.1%
Deere Employees Credit Union $125,000 $555,000 344.0% 0.1%
EMM LOANS LLC $555,000 n/a 0.1%
Figure Lending LLC $455,000 $555,000 22.0% 0.1%
FINANCE OF AMERICA REVERSE LLC $565,000 $545,000 -3.5% 0.1%
SWBC MORTGAGE CORPORATION $1,195,000 $505,000 -57.7% 0.1%
Evolve Bank & Trust $1,000,000 $500,000 -50.0% 0.1%
GENEVA FINANCIAL, LLC $560,000 $500,000 -10.7% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $495,000 n/a 0.1%
NP, Inc. $85,000 $495,000 482.4% 0.1%
Truist $1,695,000 $480,000 -71.7% 0.1%
TJC Mortgage, Inc. $475,000 n/a 0.1%
HomePromise Corporation $470,000 n/a 0.1%
Cornerstone First Mortgage, Inc $275,000 $455,000 65.5% 0.1%
American Mortgage & Equity Consultants, Inc. $445,000 n/a 0.1%
Trustmark National Bank $1,255,000 $435,000 -65.3% 0.1%
AMERICAN HERITAGE LENDING, INC. $95,000 $425,000 347.4% 0.1%
TriStar Bank $845,000 $425,000 -49.7% 0.1%
SUMMIT FUNDING, INC. $415,000 n/a 0.1%
The Bank of Fayette County $960,000 $415,000 -56.8% 0.1%
V.I.P. MORTGAGE, INC. $415,000 n/a 0.1%
The Paducah Bank and Trust Company $215,000 $410,000 90.7% 0.1%
Mid-Continent Funding, Inc. $400,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $795,000 $385,000 -51.6% 0.1%
CANOPY MORTGAGE, LLC $420,000 $385,000 -8.3% 0.1%
HOMESIDE FINANCIAL, LLC $590,000 $380,000 -35.6% 0.1%
ENVOY MORTGAGE, LTD $375,000 n/a 0.1%
Magnolia Bank $510,000 $375,000 -26.5% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $275,000 $375,000 36.4% 0.1%
United Community Bank $255,000 $375,000 47.1% 0.1%
Arvest Bank $780,000 $370,000 -52.6% 0.1%
ACOPIA, LLC $365,000 n/a 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $590,000 $365,000 -38.1% 0.1%
First State Bank $355,000 n/a 0.1%
JMJ FINANCIAL GROUP $355,000 n/a 0.1%
BARTLETT MORTGAGE, INC. $540,000 $350,000 -35.2% 0.1%
Commerce Home Mortgage, Inc. $345,000 n/a 0.1%
FBC MORTGAGE, LLC $335,000 n/a 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $605,000 $335,000 -44.6% 0.1%
AMWEST FUNDING CORP. $215,000 $325,000 51.2% 0.1%
POLARIS HOME FUNDING CORP. $325,000 n/a 0.1%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $315,000 n/a 0.1%
The Huntington National Bank $310,000 n/a 0.1%
ChoiceOne Bank $305,000 n/a 0.1%
Coastal Community Bank $305,000 n/a 0.1%
First National Bank of Pennsylvania $305,000 n/a 0.1%
ENDEAVOR CAPITAL, LLC. $215,000 $295,000 37.2% 0.0%
LENDINGHOME FUNDING CORPORATION $2,995,000 $295,000 -90.2% 0.0%
TOWER COMMUNITY BANK $290,000 n/a 0.0%
UNION HOME MORTGAGE CORP. $540,000 $290,000 -46.3% 0.0%
AMERICAN FINANCING CORPORATION $485,000 $285,000 -41.2% 0.0%
FLAT BRANCH MORTGAGE, INC. $285,000 n/a 0.0%
LOANPEOPLE, LLC $285,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $285,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $95,000 $275,000 189.5% 0.0%
ROYAL UNITED MORTGAGE LLC $1,005,000 $270,000 -73.1% 0.0%
Ameris Bank $265,000 n/a 0.0%
Eagle Bank and Trust Company $265,000 n/a 0.0%
Hometown Equity Mortgage, LLC $275,000 $265,000 -3.6% 0.0%
Northwest Bank $265,000 n/a 0.0%
The Monticello Banking Company $265,000 n/a 0.0%
AMCAP MORTGAGE, LTD. $165,000 $260,000 57.6% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $515,000 $255,000 -50.5% 0.0%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $255,000 n/a 0.0%
PNC Bank $1,610,000 $240,000 -85.1% 0.0%
Midland States Bank $235,000 n/a 0.0%
GMFS LLC $225,000 n/a 0.0%
NexBank $205,000 $225,000 9.8% 0.0%
LIMA ONE CAPITAL, LLC $250,000 $220,000 -12.0% 0.0%
COMPASS MORTGAGE, INC. $215,000 n/a 0.0%
Third Federal Savings and Loan Association of Cleveland $590,000 $215,000 -63.6% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $410,000 $215,000 -47.6% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $165,000 $210,000 27.3% 0.0%
Wyndham Capital Mortgage, Inc. $205,000 n/a 0.0%
NFM, INC. $200,000 n/a 0.0%
PHH Mortgage Corporation $730,000 $200,000 -72.6% 0.0%
First Community Bank $195,000 n/a 0.0%
MILEND, INC. $195,000 n/a 0.0%
BOKF $185,000 n/a 0.0%
M&T Bank $280,000 $185,000 -33.9% 0.0%
Peoples Bank $275,000 $185,000 -32.7% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $165,000 $185,000 12.1% 0.0%
BANK OF LITTLE ROCK MORTGAGE CORPORATION $180,000 n/a 0.0%
AMERICAN MORTGAGE SERVICES INCORPORATED $500,000 $175,000 -65.0% 0.0%
CIVIC FINANCIAL SERVICES, LLC $175,000 n/a 0.0%
Franklin Bank & Trust Company $175,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $175,000 n/a 0.0%
SECURITYNATIONAL MORTGAGE COMPANY $155,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $780,000 $155,000 -80.1% 0.0%
STATE EMPLOYEES' $155,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $315,000 $145,000 -54.0% 0.0%
Prosperity Home Mortgage, LLC $145,000 n/a 0.0%
SeaTrust Mortgage Company $145,000 n/a 0.0%
Baxter Credit Union $170,000 $140,000 -17.6% 0.0%
U. T. $715,000 $135,000 -81.1% 0.0%
AMERITRUST MORTGAGE CORPORATION $125,000 n/a 0.0%
Bank Five Nine $125,000 n/a 0.0%
Bank of Tennessee $125,000 n/a 0.0%
FirstTrust Home Loans, Inc. $125,000 n/a 0.0%
GUILD MORTGAGE COMPANY $125,000 n/a 0.0%
Nations Lending Corporation $1,190,000 $125,000 -89.5% 0.0%
OCMBC, INC. $105,000 n/a 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $105,000 n/a 0.0%
Peoples Bank $275,000 $95,000 -65.5% 0.0%
Apex Bank $100,000 $75,000 -25.0% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $320,000 $75,000 -76.6% 0.0%
CRESCENT MORTGAGE COMPANY $75,000 n/a 0.0%
EASTMAN $75,000 $75,000 0.0% 0.0%
First National Bank $75,000 n/a 0.0%
First National Bank of America $75,000 n/a 0.0%
Paragon Bank $75,000 n/a 0.0%
CANVAS CREDIT UNION $65,000 n/a 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $255,000 $65,000 -74.5% 0.0%
JOHNSONVILLE TVA EMPLOYEES CREDIT UNION $65,000 n/a 0.0%
Southeast Financial Credit Union $375,000 $60,000 -84.0% 0.0%
CIS Financial Services, Inc. $55,000 n/a 0.0%
Notre Dame Federal Credit Union Corporation $55,000 n/a 0.0%
CU COMMUNITY, LLC $485,000 $45,000 -90.7% 0.0%
DELMAR FINANCIAL COMPANY $45,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%
The Bank of Holly Springs $1,170,000 $25,000 -97.9% 0.0%
ASCEND FEDERAL CREDIT UNION $250,000 $15,000 -94.0% 0.0%

JACKSON's top lender by overall market share is Leaders Credit Union, with 14.5% market share. In second place, with 7.5%, is MORTGAGE INVESTORS GROUP, INC., having originated $45,320,000 in loans. In third place, with 5.4%, is Regions Bank, having originated $32,305,000 in loans. In fourth place, with 5.0%, is Simmons Bank, having originated $30,380,000 in loans. In fifth place, with 4.5%, is QUICKEN LOANS, LLC, having originated $26,870,000 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
2024-02-01 $287,400 (4.6%) $337,634 (1.3%) 0.00 369
2024-03-01 $297,900 (1.6%) $348,410 (4.2%) 0.00 377
2024-04-01 $299,900 (1.7%) $361,073 (6.1%) 0.00 404
2024-05-01 $304,950 (1.5%) $366,458 (4.3%) 0.00 422
2024-06-01 $300,000 (-3.1%) $363,149 (0.4%) 0.00 449
2024-07-01 $299,900 (0.0%) $362,759 (-0.2%) 0.00 486
2024-08-01 $299,900 (0.3%) $363,895 (-1.7%) 0.00 511
2024-09-01 $296,225 (-0.9%) $352,828 (-7.8%) 0.00 582
2024-10-01 $289,900 (-1.5%) $355,120 (-3.4%) 0.00 574
JACKSON's median listing price for 2024-10-01 was $289,900, a difference of $-4,450 (-1.5%) versus the prior year and $-6,325 versus the prior month.

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

JACKSON's average listing price for 2024-10-01 was $355,120, a difference of $-12,355 (-3.4%) versus the prior year and $2,292 versus the prior month.

For the 2024-10-01 period, JACKSON had 574 MLS listings, a difference of -8 listings (-1%) versus the prior month and 198 listings (53%) 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
2024-02-01 0 days 1,897 sqft
2024-03-01 0 days 1,988 sqft
2024-04-01 0 days 2,016 sqft
2024-05-01 0 days 2,077 sqft
2024-06-01 0 days 2,061 sqft
2024-07-01 0 days 2,031 sqft
2024-08-01 0 days 2,055 sqft
2024-09-01 0 days 1,979 sqft
2024-10-01 0 days 1,926 sqft
JACKSON's median listing age (time on market) for 2024-10-01 was 0 days.

JACKSON's median square footage for active listings during the 2024-10-01 period was 1,926 sqft. One year prior, the average listing was 1,969 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 HUD Metro FMR Area $620 $640 $840 $1,060 $1,410
38044 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38301 Jackson, TN HUD Metro FMR Area $590 $670 $880 $1,190 $1,200
38302 Jackson, TN HUD Metro FMR Area $640 $720 $950 $1,290 $1,290
38303 Jackson, TN HUD Metro FMR Area $640 $720 $950 $1,290 $1,290
38305 Jackson, TN HUD Metro FMR Area $700 $800 $1,050 $1,420 $1,430
38308 Jackson, TN HUD Metro FMR Area $640 $720 $950 $1,290 $1,290
38313 Jackson, TN HUD Metro FMR Area $550 $620 $820 $1,110 $1,110
38315 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38332 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38334 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38340 Jackson, TN HUD Metro FMR Area $530 $600 $790 $1,070 $1,070
38343 Jackson, TN HUD Metro FMR Area $580 $630 $790 $1,090 $1,310
38345 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38347 Jackson, TN HUD Metro FMR Area $660 $750 $990 $1,340 $1,350
38348 Jackson, TN HUD Metro FMR Area $620 $700 $910 $1,240 $1,290
38351 Jackson, TN HUD Metro FMR Area $640 $720 $950 $1,290 $1,290
38352 Jackson, TN HUD Metro FMR Area $560 $630 $830 $1,130 $1,130
38355 Jackson, TN HUD Metro FMR Area $760 $830 $1,040 $1,440 $1,720
38356 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38359 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38362 Jackson, TN HUD Metro FMR Area $820 $930 $1,230 $1,670 $1,670
38366 Jackson, TN HUD Metro FMR Area $560 $640 $840 $1,140 $1,140
38368 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38371 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38391 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050
38392 Jackson, TN HUD Metro FMR Area $510 $590 $770 $1,050 $1,050

2022 Average & Median Rent Data Statistics
JACKSON, TN average 1BR rent: $660, median: $630
JACKSON, TN average 2BR rent: $862, median: $820
JACKSON, TN average 3BR rent: $1,171, median: $1,090

JACKSON, TN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,883 $408,315,000 $216,843
Refi 498 $75,790,000 $152,189
Cash Out Refi 396 $65,870,000 $166,338
Home Improvement 345 $25,405,000 $73,638
Other 330 $26,660,000 $80,788

Jackson's most frequently cited loan purpose was Home Purchase, with 1,883 originations. The 2nd most popular reason was Refi, with 498 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 947 $209,885,000 $221,631
Over 8% 731 $67,785,000 $92,729
7-8% 649 $120,675,000 $185,940
5-6% 435 $93,155,000 $214,149
<2.5% 54 $330,000 $6,111
4-5% 35 $7,185,000 $205,286
2.5-3% 7 $1,075,000 $153,571
3-4% 3 $585,000 $195,000

During 2023, Jackson's most frequently originated rate bucket was 6-7%, with 947 originations.

Loan Sizing (JACKSON, TN MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,159 $58,985,000 $50,893
$100k-200k 1,143 $168,305,000 $147,248
$200k-400k 966 $261,460,000 $270,663
$400k-600k 134 $62,150,000 $463,806
$600k-1000k 36 $27,050,000 $751,389
$Over $1MM 14 $24,090,000 $1,720,714

JACKSON's loan sizing saw the bucket of loans from $100,000 or less with 1,159 originations, totaling $58,985,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,223 $285,955,000 $233,814
60-80% 526 $114,330,000 $217,357
Under 20% 420 $12,860,000 $30,619
20-40% 381 $32,215,000 $84,554
40-60% 259 $40,435,000 $156,120
Over 100% 51 $14,135,000 $277,157

JACKSON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,223 originations, totaling $285,955,000 in origination value.