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
7.07%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.9% and
one month ago for the week of 2023-02-09, the
average rate was 6.49%.
Jackson's average rate one year ago was 3.55%.
For refis of the same type during the week of 2023-03-16, the average rate
was 7.43%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Jackson 30 Year Fixed Rate | 2023-03-16 | 7.07% |
| Jackson 30 Year Fixed Rate Refi | 2023-03-16 | 7.43% |
| Jackson 15 Year Fixed Rate | 2023-03-16 | 6.43% |
| Jackson 15 Year Fixed Rate Refi | 2023-03-16 | 6.49% |
| Jackson 30 Year FHA | 2023-03-16 | 6.46% |
| Jackson 30 Year FHA Refi | 2023-03-16 | 5.96% |
| Jackson 30 Year USDA | 2023-03-16 | 6.53% |
| Jackson 30 Year USDA Refi | 2023-03-16 | 6.09% |
| Jackson 30 Year VA | 2023-03-16 | 6.18% |
| Jackson 30 Year VA Refi | 2023-03-16 | 5.68% |
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.).
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 Bank ($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 Bank (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%) | $178,789 (12.8%) | 0.00 | 655 |
| 2018-02-01 | $127,900 (9.4%) | $178,776 (13.6%) | 0.00 | 650 |
| 2018-03-01 | $133,000 (13.8%) | $183,708 (16.1%) | 0.00 | 642 |
| 2018-04-01 | $132,400 (14.6%) | $182,548 (16.5%) | 0.00 | 597 |
| 2018-05-01 | $133,475 (11.3%) | $190,722 (17.9%) | 0.00 | 602 |
| 2018-06-01 | $133,450 (6.9%) | $187,506 (14.0%) | 0.00 | 622 |
| 2018-07-01 | $139,450 (8.4%) | $188,591 (13.0%) | 0.00 | 647 |
| 2018-08-01 | $142,450 (12.5%) | $193,618 (15.8%) | 0.00 | 678 |
| 2018-09-01 | $140,000 (7.9%) | $191,395 (9.3%) | 0.00 | 694 |
| 2018-10-01 | $135,450 (5.1%) | $185,280 (4.0%) | 0.00 | 725 |
| 2018-11-01 | $139,325 (8.3%) | $185,963 (5.3%) | 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%) | $195,824 (6.6%) | 0.00 | 532 |
| 2019-04-01 | $153,438 (15.9%) | $203,196 (11.3%) | 0.00 | 534 |
| 2019-05-01 | $165,900 (24.3%) | $212,939 (11.7%) | 0.00 | 530 |
| 2019-06-01 | $164,900 (23.6%) | $210,393 (12.2%) | 0.00 | 556 |
| 2019-07-01 | $152,675 (9.5%) | $202,676 (7.5%) | 0.00 | 583 |
| 2019-08-01 | $142,727 (0.2%) | $195,619 (1.0%) | 0.00 | 598 |
| 2019-09-01 | $146,818 (4.9%) | $196,414 (2.6%) | 0.00 | 607 |
| 2019-10-01 | $149,950 (10.7%) | $197,318 (6.5%) | 0.00 | 613 |
| 2019-11-01 | $154,900 (11.2%) | $200,066 (7.6%) | 0.00 | 585 |
| 2019-12-01 | $156,900 (14.1%) | $201,119 (8.8%) | 0.00 | 504 |
| 2020-01-01 | $149,950 (7.2%) | $198,479 (6.2%) | 0.00 | 483 |
| 2020-02-01 | $154,900 (9.1%) | $200,386 (5.3%) | 0.00 | 439 |
| 2020-03-01 | $159,375 (7.6%) | $204,990 (4.7%) | 0.00 | 456 |
| 2020-04-01 | $165,925 (8.1%) | $208,092 (2.4%) | 0.00 | 461 |
| 2020-05-01 | $169,000 (1.9%) | $210,315 (-1.2%) | 0.00 | 414 |
| 2020-06-01 | $174,675 (5.9%) | $219,648 (4.4%) | 0.00 | 360 |
| 2020-07-01 | $177,450 (16.2%) | $223,681 (10.4%) | 0.00 | 338 |
| 2020-08-01 | $179,900 (26.0%) | $225,878 (15.5%) | 0.00 | 308 |
| 2020-09-01 | $179,900 (22.5%) | $233,232 (18.8%) | 0.00 | 278 |
| 2020-10-01 | $175,000 (16.7%) | $236,913 (20.1%) | 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 (24.8%) | 0.00 | 241 |
| 2021-01-01 | $182,400 (21.6%) | $263,285 (32.7%) | 0.00 | 198 |
| 2021-02-01 | $179,600 (16.0%) | $273,387 (36.4%) | 0.00 | 156 |
| 2021-03-01 | $169,225 (6.2%) | $248,708 (21.3%) | 0.00 | 139 |
| 2021-04-01 | $173,700 (4.7%) | $245,756 (18.1%) | 0.00 | 127 |
| 2021-05-01 | $169,900 (0.5%) | $260,591 (23.9%) | 0.00 | 134 |
| 2021-06-01 | $180,725 (3.5%) | $269,887 (22.9%) | 0.00 | 149 |
| 2021-07-01 | $195,000 (9.9%) | $266,873 (19.3%) | 0.00 | 176 |
| 2021-08-01 | $202,450 (12.5%) | $262,817 (16.4%) | 0.00 | 194 |
| 2021-09-01 | $197,225 (9.6%) | $257,209 (10.3%) | 0.00 | 211 |
| 2021-10-01 | $199,500 (14.0%) | $259,297 (9.5%) | 0.00 | 211 |
| 2021-11-01 | $199,575 (17.5%) | $262,741 (9.9%) | 0.00 | 209 |
| 2021-12-01 | $199,900 (8.4%) | $257,069 (2.5%) | 0.00 | 212 |
| 2022-01-01 | $199,000 (9.1%) | $260,417 (-1.1%) | 0.00 | 187 |
| 2022-02-01 | $182,325 (1.5%) | $245,486 (-10.2%) | 0.00 | 173 |
| 2022-03-01 | $184,450 (9.0%) | $242,046 (-2.7%) | 0.00 | 162 |
| 2022-04-01 | $199,900 (15.1%) | $253,242 (3.1%) | 0.00 | 169 |
| 2022-05-01 | $229,750 (35.2%) | $281,000 (7.8%) | 0.00 | 178 |
| 2022-06-01 | $224,950 (24.5%) | $289,018 (7.1%) | 0.00 | 227 |
| 2022-07-01 | $240,000 (23.1%) | $296,126 (11.0%) | 0.00 | 291 |
| 2022-08-01 | $249,450 (23.2%) | $303,280 (15.4%) | 0.00 | 298 |
| 2022-09-01 | $264,175 (34.0%) | $310,675 (20.8%) | 0.00 | 340 |
| 2022-10-01 | $269,450 (35.1%) | $316,905 (22.2%) | 0.00 | 365 |
| 2022-11-01 | $264,900 (32.7%) | $313,622 (19.4%) | 0.00 | 371 |
| 2022-12-01 | $264,900 (32.5%) | $319,923 (24.5%) | 0.00 | 351 |
| 2023-01-01 | $269,700 (35.5%) | $328,825 (26.3%) | 0.00 | 337 |
| 2023-02-01 | $274,900 (50.8%) | $333,327 (35.8%) | 0.00 | 307 |
JACKSON's median listing price for 2023-02-01 was $274,900, a difference of
$92,575
(50.8%) versus the prior year and
$5,200 versus the prior month.
JACKSON's median listing price comes in at 0% of the national average.
JACKSON's average listing price for 2023-02-01 was $333,327, a difference of $87,841 (35.8%) versus the prior year and $4,502 versus the prior month.
For the 2023-02-01 period, JACKSON had 307 MLS listings, a difference of -30 listings (-9%) versus the prior month and 134 listings (77%) versus the prior year.
JACKSON's median listing price comes in at 0% of the national average.
JACKSON's average listing price for 2023-02-01 was $333,327, a difference of $87,841 (35.8%) versus the prior year and $4,502 versus the prior month.
For the 2023-02-01 period, JACKSON had 307 MLS listings, a difference of -30 listings (-9%) versus the prior month and 134 listings (77%) 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 | 1,862 sqft |
| 2018-02-01 | 0 days | 1,838 sqft |
| 2018-03-01 | 0 days | 1,880 sqft |
| 2018-04-01 | 0 days | 1,862 sqft |
| 2018-05-01 | 0 days | 1,889 sqft |
| 2018-06-01 | 0 days | 1,851 sqft |
| 2018-07-01 | 0 days | 1,865 sqft |
| 2018-08-01 | 0 days | 1,945 sqft |
| 2018-09-01 | 0 days | 1,975 sqft |
| 2018-10-01 | 0 days | 1,882 sqft |
| 2018-11-01 | 0 days | 1,881 sqft |
| 2018-12-01 | 0 days | 1,905 sqft |
| 2019-01-01 | 0 days | 1,878 sqft |
| 2019-02-01 | 0 days | 1,879 sqft |
| 2019-03-01 | 0 days | 1,887 sqft |
| 2019-04-01 | 0 days | 1,903 sqft |
| 2019-05-01 | 0 days | 2,025 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 | 1,860 sqft |
| 2019-11-01 | 0 days | 1,894 sqft |
| 2019-12-01 | 0 days | 1,886 sqft |
| 2020-01-01 | 0 days | 1,860 sqft |
| 2020-02-01 | 0 days | 1,926 sqft |
| 2020-03-01 | 0 days | 1,917 sqft |
| 2020-04-01 | 0 days | 1,950 sqft |
| 2020-05-01 | 0 days | 1,956 sqft |
| 2020-06-01 | 0 days | 1,977 sqft |
| 2020-07-01 | 0 days | 2,000 sqft |
| 2020-08-01 | 0 days | 1,954 sqft |
| 2020-09-01 | 0 days | 1,964 sqft |
| 2020-10-01 | 0 days | 1,937 sqft |
| 2020-11-01 | 0 days | 1,980 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 | 1,865 sqft |
| 2021-05-01 | 0 days | 1,852 sqft |
| 2021-06-01 | 0 days | 1,750 sqft |
| 2021-07-01 | 0 days | 1,811 sqft |
| 2021-08-01 | 0 days | 1,819 sqft |
| 2021-09-01 | 0 days | 1,820 sqft |
| 2021-10-01 | 0 days | 1,800 sqft |
| 2021-11-01 | 0 days | 1,732 sqft |
| 2021-12-01 | 0 days | 1,725 sqft |
| 2022-01-01 | 0 days | 1,715 sqft |
| 2022-02-01 | 0 days | 1,657 sqft |
| 2022-03-01 | 0 days | 1,678 sqft |
| 2022-04-01 | 0 days | 1,726 sqft |
| 2022-05-01 | 0 days | 1,759 sqft |
| 2022-06-01 | 0 days | 1,813 sqft |
| 2022-07-01 | 0 days | 1,900 sqft |
| 2022-08-01 | 0 days | 1,892 sqft |
| 2022-09-01 | 0 days | 1,890 sqft |
| 2022-10-01 | 0 days | 1,916 sqft |
| 2022-11-01 | 0 days | 1,978 sqft |
| 2022-12-01 | 0 days | 1,953 sqft |
| 2023-01-01 | 0 days | 1,921 sqft |
| 2023-02-01 | 0 days | 1,917 sqft |
JACKSON's median listing age (time on market) for 2023-02-01 was 0 days.
JACKSON's median square footage for active listings during the 2023-02-01 period was 1,917 sqft. One year prior, the average listing was 1,657 sqft.
JACKSON's median square footage for active listings during the 2023-02-01 period was 1,917 sqft. One year prior, the average listing was 1,657 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.
| 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.