Lufkin Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lufkin averaged
7.1%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7.29% and
one month ago for the week of 2023-08-17, the
average rate was 7.2%.
Lufkin's average rate one year ago was 5.83%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.79%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Lufkin 30 Year Fixed Rate | 2023-09-21 | 7.1% |
| Lufkin 30 Year Fixed Rate Refi | 2023-09-21 | 7.79% |
| Lufkin 15 Year Fixed Rate | 2023-09-21 | 6.54% |
| Lufkin 15 Year Fixed Rate Refi | 2023-09-21 | 7.14% |
| Lufkin 30 Year FHA | 2023-09-21 | 6.91% |
| Lufkin 30 Year FHA Refi | 2023-09-21 | 7.04% |
| Lufkin 30 Year USDA | 2023-09-21 | 7.12% |
| Lufkin 30 Year USDA Refi | 2023-09-21 | 6.92% |
| Lufkin 30 Year VA | 2023-09-21 | 6.53% |
| Lufkin 30 Year VA Refi | 2023-09-21 | 6.72% |
Lufkin 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 Lufkin, TX 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.).
Lufkin Average Closing Costs & Other Stats
Lufkin, TX's 104 lenders originated 1,243
loans during 2022. The total origination value was $254,195,000, with an average loan value of
$204,501.
Lufkin's average closing costs are $5,397.
The top Lufkin lender as defined by loan originations is Commercial Bank of Texas, with
85 loans originated. Their average total fees are
$4,078, which is $1,643
lower than the next largest lender,
AMCAP MORTGAGE, LTD..
The lowest fee Lufkin lenders (with over 10 loans originated) are
Austin Bank, Texas ($4,045), Commercial Bank of Texas ($4,078), BancorpSouth ($4,900), Regions Bank ($5,126) and QUICKEN LOANS, LLC ($5,438).
The lowest rate Lufkin lenders (with over 10 loans originated) are
BancorpSouth (4.65%), Austin Bank, Texas (5.00%), Regions Bank (5.04%), QUICKEN LOANS, LLC (5.17%) and Commercial Bank of Texas (5.17%).
Lufkin, TX 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 |
|---|---|---|---|---|
| Commercial Bank of Texas | $53,935,000 | $38,450,000 | -28.7% | 15.1% |
| AMCAP MORTGAGE, LTD. | $30,290,000 | $21,450,000 | -29.2% | 8.4% |
| QUICKEN LOANS, LLC | $27,385,000 | $14,375,000 | -47.5% | 5.7% |
| BancorpSouth Bank | $13,570,000 | $12,945,000 | -4.6% | 5.1% |
| Austin Bank, Texas | $7,610,000 | $10,615,000 | 39.5% | 4.2% |
| Flagstar Bank, FSB | $7,790,000 | $10,505,000 | 34.9% | 4.1% |
| Mortgage Research Center, LLC | $7,255,000 | $7,915,000 | 9.1% | 3.1% |
| Southside Bank | $8,530,000 | $7,500,000 | -12.1% | 3.0% |
| NTFN, INC. | $9,415,000 | $6,865,000 | -27.1% | 2.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,765,000 | $6,355,000 | 68.8% | 2.5% |
| Regions Bank | $8,200,000 | $5,640,000 | -31.2% | 2.2% |
| 21ST MORTGAGE CORPORATION | $5,915,000 | $3,800,000 | -35.8% | 1.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,570,000 | $3,595,000 | 0.7% | 1.4% |
| LOANDEPOT.COM, LLC | $4,015,000 | $3,505,000 | -12.7% | 1.4% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,720,000 | $3,380,000 | -9.1% | 1.3% |
| NAVY FEDERAL CREDIT UNION | $1,710,000 | $3,295,000 | 92.7% | 1.3% |
| VeraBank | $3,770,000 | $2,750,000 | -27.1% | 1.1% |
| FREEDOM MORTGAGE CORPORATION | $11,270,000 | $2,730,000 | -75.8% | 1.1% |
| UBank | $1,740,000 | $2,345,000 | 34.8% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,100,000 | $2,280,000 | -44.4% | 0.9% |
| Prosperity Bank | $265,000 | $2,115,000 | 698.1% | 0.8% |
| Bank of Hope | $2,005,000 | n/a | 0.8% | |
| TRIAD FINANCIAL SERVICES, INC. | $855,000 | $1,965,000 | 129.8% | 0.8% |
| JPMorgan Chase Bank | $1,740,000 | $1,955,000 | 12.4% | 0.8% |
| USAA Federal Savings Bank | $1,430,000 | $1,845,000 | 29.0% | 0.7% |
| LIMA ONE CAPITAL, LLC | $1,825,000 | n/a | 0.7% | |
| BROKER SOLUTIONS, INC. | $850,000 | $1,760,000 | 107.1% | 0.7% |
| Wells Fargo Bank | $4,630,000 | $1,735,000 | -62.5% | 0.7% |
| CALIBER HOME LOANS, INC. | $2,350,000 | $1,720,000 | -26.8% | 0.7% |
| ORIX REAL ESTATE CAPITAL, LLC | $1,655,000 | n/a | 0.7% | |
| LOANPAL, LLC | $105,000 | $1,580,000 | 1,404.8% | 0.6% |
| Bank of America | $460,000 | $1,560,000 | 239.1% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $2,360,000 | $1,470,000 | -37.7% | 0.6% |
| GUILD MORTGAGE COMPANY | $2,130,000 | $1,400,000 | -34.3% | 0.6% |
| U.S. Bank | $1,725,000 | $1,400,000 | -18.8% | 0.6% |
| American State Bank | $1,395,000 | $1,365,000 | -2.2% | 0.5% |
| SOUTHWEST STAGE FUNDING, LLC | $975,000 | $1,250,000 | 28.2% | 0.5% |
| GUARANTEED RATE, INC. | $905,000 | $1,220,000 | 34.8% | 0.5% |
| HOMETRUST MORTGAGE COMPANY | $175,000 | $1,220,000 | 597.1% | 0.5% |
| SWBC MORTGAGE CORPORATION | $1,545,000 | $1,185,000 | -23.3% | 0.5% |
| First Financial Bank | $400,000 | $1,180,000 | 195.0% | 0.5% |
| Texas National Bank of Jacksonville | $640,000 | $1,085,000 | 69.5% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $3,120,000 | $980,000 | -68.6% | 0.4% |
| COUNTRYPLACE MORTGAGE, LTD. | $470,000 | $965,000 | 105.3% | 0.4% |
| CMG MORTGAGE, INC. | $440,000 | $935,000 | 112.5% | 0.4% |
| Carrington Mortgage Services, LLC | $210,000 | $925,000 | 340.5% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $400,000 | $920,000 | 130.0% | 0.4% |
| Gateway First Bank | $650,000 | $905,000 | 39.2% | 0.4% |
| PLAZA HOME MORTGAGE, INC. | $670,000 | $890,000 | 32.8% | 0.4% |
| Barrington Bank & Trust Company, N.A. | $380,000 | $885,000 | 132.9% | 0.3% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,375,000 | $815,000 | -40.7% | 0.3% |
| GENCO Federal Credit Union | $1,725,000 | $790,000 | -54.2% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $175,000 | $780,000 | 345.7% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $300,000 | $775,000 | 158.3% | 0.3% |
| VAN DYK MORTGAGE CORPORATION | $775,000 | n/a | 0.3% | |
| AmeriHome Mortgage Company, LLC | $235,000 | $730,000 | 210.6% | 0.3% |
| MOBILOIL | $245,000 | $715,000 | 191.8% | 0.3% |
| First United Bank and Trust Company | $545,000 | $700,000 | 28.4% | 0.3% |
| Colonial Savings, F.A. | $105,000 | $690,000 | 557.1% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $1,475,000 | $690,000 | -53.2% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $485,000 | $680,000 | 40.2% | 0.3% |
| ASSEMBLIES OF GOD Credit Union | $660,000 | n/a | 0.3% | |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $665,000 | $635,000 | -4.5% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $540,000 | $625,000 | 15.7% | 0.2% |
| GENEVA FINANCIAL, LLC | $620,000 | n/a | 0.2% | |
| Paramount Residential Mortgage Group, Inc. | $165,000 | $620,000 | 275.8% | 0.2% |
| FIVEPOINT CREDIT UNION | $85,000 | $600,000 | 605.9% | 0.2% |
| GUARANTY HOME MORTGAGE CORPORATION | $595,000 | n/a | 0.2% | |
| Lakeview Community Capital, LLC | $265,000 | $565,000 | 113.2% | 0.2% |
| OVM FINANCIAL, INC. | $440,000 | $560,000 | 27.3% | 0.2% |
| Sabine State Bank and Trust Company | $985,000 | $550,000 | -44.2% | 0.2% |
| NEWREZ LLC | $955,000 | $530,000 | -44.5% | 0.2% |
| BETTER MORTGAGE CORPORATION | $1,790,000 | $520,000 | -70.9% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $55,000 | $520,000 | 845.5% | 0.2% |
| INTERLINC MORTGAGE SERVICES, LLC | $1,370,000 | $510,000 | -62.8% | 0.2% |
| Citizens Bank | $155,000 | $500,000 | 222.6% | 0.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $175,000 | $480,000 | 174.3% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $1,135,000 | $455,000 | -59.9% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $285,000 | $450,000 | 57.9% | 0.2% |
| MORTGAGE FINANCIAL SERVICES, LLC | $450,000 | n/a | 0.2% | |
| Servion, Inc. | $450,000 | $445,000 | -1.1% | 0.2% |
| BOKF | $170,000 | $435,000 | 155.9% | 0.2% |
| EVERETT FINANCIAL, INC. | $580,000 | $430,000 | -25.9% | 0.2% |
| AMERICAN HOMESTAR MORTGAGE, L.L.C. | $165,000 | $425,000 | 157.6% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $320,000 | $425,000 | 32.8% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $380,000 | $420,000 | 10.5% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $405,000 | n/a | 0.2% | |
| Veritex Community Bank | $405,000 | n/a | 0.2% | |
| AMERICAN FINANCING CORPORATION | $935,000 | $380,000 | -59.4% | 0.1% |
| ASPIRE FINANCIAL, INC. | $375,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $370,000 | n/a | 0.1% | |
| Truist | $165,000 | $370,000 | 124.2% | 0.1% |
| Strong Home Mortgage, LLC | $365,000 | n/a | 0.1% | |
| TOWNE MORTGAGE COMPANY | $365,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $725,000 | $355,000 | -51.0% | 0.1% |
| Citizens 1st Bank | $345,000 | n/a | 0.1% | |
| EAST TEXAS PROFESSIONAL Credit Union | $345,000 | n/a | 0.1% | |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $345,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $345,000 | n/a | 0.1% | |
| CRESTMARK MORTGAGE COMPANY, LTD. | $335,000 | n/a | 0.1% | |
| NATIONS RELIABLE LENDING, LLC | $1,250,000 | $335,000 | -73.2% | 0.1% |
| TIB The Independent Bankersbank | $1,340,000 | $325,000 | -75.7% | 0.1% |
| NECHES | $65,000 | $315,000 | 384.6% | 0.1% |
| NexBank | $315,000 | n/a | 0.1% | |
| Hometown Lenders, Inc. | $305,000 | n/a | 0.1% | |
| Northpointe Bank | $295,000 | n/a | 0.1% | |
| Plains Commerce Bank | $295,000 | n/a | 0.1% | |
| S1L, Inc. | $455,000 | $275,000 | -39.6% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $885,000 | $270,000 | -69.5% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $2,015,000 | $270,000 | -86.6% | 0.1% |
| American National Bank & Trust | $265,000 | n/a | 0.1% | |
| ARC HOME LLC | $355,000 | $265,000 | -25.4% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $255,000 | $265,000 | 3.9% | 0.1% |
| DUGOOD FEDERAL CREDIT UNION | $265,000 | n/a | 0.1% | |
| Guaranty Bank & Trust, N.A. | $265,000 | n/a | 0.1% | |
| LAND HOME FINANCIAL SERVICES, INC. | $265,000 | n/a | 0.1% | |
| RANDOLPH-BROOKS | $515,000 | $265,000 | -48.5% | 0.1% |
| Republic State Mortgage Co. | $400,000 | $265,000 | -33.8% | 0.1% |
| SOUTHWEST FUNDING, LP | $125,000 | $265,000 | 112.0% | 0.1% |
| Discover Bank | $265,000 | $260,000 | -1.9% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $260,000 | n/a | 0.1% | |
| LOANPEOPLE, LLC | $245,000 | n/a | 0.1% | |
| Network Funding, L.P. | $325,000 | $245,000 | -24.6% | 0.1% |
| NEW DAY FINANCIAL, LLC | $440,000 | $245,000 | -44.3% | 0.1% |
| PHH Mortgage Corporation | $310,000 | $240,000 | -22.6% | 0.1% |
| PNC Bank | $1,225,000 | $240,000 | -80.4% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $235,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $235,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $235,000 | n/a | 0.1% | |
| Goldwater Bank, N.A. | $225,000 | n/a | 0.1% | |
| TEXAS DOW EMPLOYEES CREDIT UNION | $580,000 | $225,000 | -61.2% | 0.1% |
| TRUWEST Credit Union | $225,000 | n/a | 0.1% | |
| United Community Bank | $220,000 | n/a | 0.1% | |
| Texas Mortgage Lending, LLC | $215,000 | n/a | 0.1% | |
| THE MORTGAGE FIRM, INC. | $215,000 | n/a | 0.1% | |
| BOM Bank | $305,000 | $205,000 | -32.8% | 0.1% |
| First Federal Bank | $205,000 | n/a | 0.1% | |
| IMPAC MORTGAGE CORP. | $205,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $185,000 | $205,000 | 10.8% | 0.1% |
| Mid-Continent Funding, Inc. | $195,000 | n/a | 0.1% | |
| Prime Choice Funding Inc. | $195,000 | n/a | 0.1% | |
| HOMESTEAD FUNDING CORP. | $185,000 | n/a | 0.1% | |
| SFMC, LP | $1,565,000 | $185,000 | -88.2% | 0.1% |
| TOTAL MORTGAGE SERVICES, LLC | $185,000 | n/a | 0.1% | |
| Austin Capital Bank SSB | $175,000 | n/a | 0.1% | |
| Neighborhood Loans, Inc. | $175,000 | n/a | 0.1% | |
| Paramount Bank | $175,000 | n/a | 0.1% | |
| Incommons Bank, N.A. | $170,000 | n/a | 0.1% | |
| Ally Bank | $205,000 | $165,000 | -19.5% | 0.1% |
| COMPASS MORTGAGE, INC. | $165,000 | n/a | 0.1% | |
| HALLMARK HOME MORTGAGE, LLC | $165,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $165,000 | n/a | 0.1% | |
| Metro City Bank | $155,000 | n/a | 0.1% | |
| TEXANS | $155,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $720,000 | $145,000 | -79.9% | 0.1% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,295,000 | $145,000 | -88.8% | 0.1% |
| Citadel Servicing Corporation | $145,000 | n/a | 0.1% | |
| SHELL FEDERAL CREDIT UNION | $145,000 | n/a | 0.1% | |
| STOCKTON MORTGAGE CORPORATION | $165,000 | $145,000 | -12.1% | 0.1% |
| HANCOCK MORTGAGE PARTNERS, LLC | $135,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $340,000 | $135,000 | -60.3% | 0.1% |
| Deere Employees Credit Union | $125,000 | n/a | 0.0% | |
| Affiliated Bank | $115,000 | n/a | 0.0% | |
| A+ Federal Credit Union | $145,000 | $105,000 | -27.6% | 0.0% |
| FIDELITY BANK | $275,000 | $105,000 | -61.8% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $60,000 | $100,000 | 66.7% | 0.0% |
| Bank of England | $125,000 | $95,000 | -24.0% | 0.0% |
| Nations Lending Corporation | $170,000 | $85,000 | -50.0% | 0.0% |
| EMBRACE HOME LOANS, INC. | $75,000 | n/a | 0.0% | |
| FirstBank | $75,000 | n/a | 0.0% | |
| Citizens State Bank | $65,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $230,000 | $55,000 | -76.1% | 0.0% |
| JSC | $55,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $55,000 | n/a | 0.0% | |
| Hancock Whitney Bank | $35,000 | n/a | 0.0% |
Lufkin's top lender by overall market share is Commercial Bank of Texas, with 15.1% market share. In second place, with 8.4%, is AMCAP MORTGAGE, LTD., having originated $21,450,000 in loans. In third place, with 5.7%, is QUICKEN LOANS, LLC, having originated $14,375,000 in loans. In fourth place, with 5.1%, is BancorpSouth Bank, having originated $12,945,000 in loans. In fifth place, with 4.2%, is Austin Bank, Texas, having originated $10,615,000 in loans.
Lufkin Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Lufkin (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 | $177,450 (11.0%) | $246,098 (10.6%) | 0.00 | 276 |
| 2018-02-01 | $173,350 (9.0%) | $242,755 (5.7%) | 0.00 | 276 |
| 2018-03-01 | $179,900 (12.3%) | $245,070 (4.8%) | 0.00 | 258 |
| 2018-04-01 | $189,175 (18.3%) | $251,627 (9.8%) | 0.00 | 251 |
| 2018-05-01 | $194,405 (18.8%) | $259,430 (13.7%) | 0.00 | 251 |
| 2018-06-01 | $210,000 (29.3%) | $267,288 (16.3%) | 0.00 | 260 |
| 2018-07-01 | $202,450 (19.9%) | $266,836 (13.5%) | 0.00 | 271 |
| 2018-08-01 | $212,200 (21.9%) | $268,625 (6.8%) | 0.00 | 261 |
| 2018-09-01 | $219,900 (22.5%) | $274,485 (9.1%) | 0.00 | 250 |
| 2018-10-01 | $226,225 (29.3%) | $282,344 (18.8%) | 0.00 | 240 |
| 2018-11-01 | $219,450 (29.2%) | $277,801 (17.1%) | 0.00 | 238 |
| 2018-12-01 | $194,900 (14.7%) | $264,297 (8.6%) | 0.00 | 265 |
| 2019-01-01 | $191,950 (8.2%) | $254,379 (3.4%) | 0.00 | 260 |
| 2019-02-01 | $175,980 (1.5%) | $239,172 (-1.5%) | 0.00 | 263 |
| 2019-03-01 | $186,385 (3.6%) | $244,782 (-0.1%) | 0.00 | 244 |
| 2019-04-01 | $200,325 (5.9%) | $252,909 (0.5%) | 0.00 | 223 |
| 2019-05-01 | $215,000 (10.6%) | $257,736 (-0.7%) | 0.00 | 227 |
| 2019-06-01 | $214,900 (2.3%) | $266,881 (-0.2%) | 0.00 | 242 |
| 2019-07-01 | $213,605 (5.5%) | $271,746 (1.8%) | 0.00 | 232 |
| 2019-08-01 | $215,102 (1.4%) | $275,312 (2.5%) | 0.00 | 229 |
| 2019-09-01 | $215,256 (-2.1%) | $275,617 (0.4%) | 0.00 | 232 |
| 2019-10-01 | $219,688 (-2.9%) | $275,821 (-2.3%) | 0.00 | 227 |
| 2019-11-01 | $225,000 (2.5%) | $284,186 (2.3%) | 0.00 | 212 |
| 2019-12-01 | $224,000 (14.9%) | $276,538 (4.6%) | 0.00 | 206 |
| 2020-01-01 | $212,450 (10.7%) | $272,798 (7.2%) | 0.00 | 197 |
| 2020-02-01 | $199,900 (13.6%) | $265,236 (10.9%) | 0.00 | 219 |
| 2020-03-01 | $215,000 (15.4%) | $271,006 (10.7%) | 0.00 | 222 |
| 2020-04-01 | $227,500 (13.6%) | $270,036 (6.8%) | 0.00 | 226 |
| 2020-05-01 | $225,000 (4.7%) | $277,302 (7.6%) | 0.00 | 219 |
| 2020-06-01 | $235,425 (9.6%) | $282,298 (5.8%) | 0.00 | 206 |
| 2020-07-01 | $244,336 (14.4%) | $286,873 (5.6%) | 0.00 | 197 |
| 2020-08-01 | $239,000 (11.1%) | $278,701 (1.2%) | 0.00 | 168 |
| 2020-09-01 | $224,700 (4.4%) | $274,994 (-0.2%) | 0.00 | 149 |
| 2020-10-01 | $251,000 (14.3%) | $301,492 (9.3%) | 0.00 | 135 |
| 2020-11-01 | $257,000 (14.2%) | $301,930 (6.2%) | 0.00 | 125 |
| 2020-12-01 | $246,225 (9.9%) | $296,416 (7.2%) | 0.00 | 130 |
| 2021-01-01 | $235,000 (10.6%) | $283,238 (3.8%) | 0.00 | 125 |
| 2021-02-01 | $220,975 (10.5%) | $265,484 (0.1%) | 0.00 | 125 |
| 2021-03-01 | $219,950 (2.3%) | $275,961 (1.8%) | 0.00 | 110 |
| 2021-04-01 | $217,500 (-4.4%) | $287,842 (6.6%) | 0.00 | 100 |
| 2021-05-01 | $259,450 (15.3%) | $313,028 (12.9%) | 0.00 | 91 |
| 2021-06-01 | $278,250 (18.2%) | $314,968 (11.6%) | 0.00 | 85 |
| 2021-07-01 | $229,950 (-5.9%) | $303,284 (5.7%) | 0.00 | 118 |
| 2021-08-01 | $247,000 (3.4%) | $363,411 (30.4%) | 0.00 | 122 |
| 2021-09-01 | $241,725 (7.6%) | $363,336 (32.1%) | 0.00 | 127 |
| 2021-10-01 | $252,500 (0.6%) | $384,391 (27.5%) | 0.00 | 122 |
| 2021-11-01 | $276,925 (7.8%) | $401,559 (33.0%) | 0.00 | 121 |
| 2021-12-01 | $271,892 (10.4%) | $395,753 (33.5%) | 0.00 | 106 |
| 2022-01-01 | $269,000 (14.5%) | $403,094 (42.3%) | 0.00 | 93 |
| 2022-02-01 | $278,375 (26.0%) | $333,312 (25.6%) | 0.00 | 90 |
| 2022-03-01 | $279,700 (27.2%) | $313,488 (13.6%) | 0.00 | 98 |
| 2022-04-01 | $304,000 (39.8%) | $322,837 (12.2%) | 0.00 | 101 |
| 2022-05-01 | $280,000 (7.9%) | $332,787 (6.3%) | 0.00 | 132 |
| 2022-06-01 | $272,475 (-2.1%) | $304,736 (-3.3%) | 0.00 | 142 |
| 2022-07-01 | $262,450 (14.1%) | $303,714 (0.1%) | 0.00 | 153 |
| 2022-08-01 | $274,950 (11.3%) | $349,878 (-3.7%) | 0.00 | 156 |
| 2022-09-01 | $292,000 (20.8%) | $373,098 (2.7%) | 0.00 | 164 |
| 2022-10-01 | $292,500 (15.8%) | $361,874 (-5.9%) | 0.00 | 189 |
| 2022-11-01 | $293,075 (5.8%) | $385,287 (-4.1%) | 0.00 | 201 |
| 2022-12-01 | $289,900 (6.6%) | $377,800 (-4.5%) | 0.00 | 208 |
| 2023-01-01 | $280,500 (4.3%) | $365,750 (-9.3%) | 0.00 | 202 |
| 2023-02-01 | $276,500 (-0.7%) | $361,839 (8.6%) | 0.00 | 192 |
| 2023-03-01 | $275,000 (-1.7%) | $370,218 (18.1%) | 0.00 | 189 |
| 2023-04-01 | $285,000 (-6.3%) | $381,166 (18.1%) | 0.00 | 182 |
| 2023-05-01 | $287,125 (2.5%) | $364,119 (9.4%) | 0.00 | 180 |
| 2023-06-01 | $279,000 (2.4%) | $344,762 (13.1%) | 0.00 | 193 |
| 2023-07-01 | $279,000 (6.3%) | $343,321 (13.0%) | 0.00 | 202 |
| 2023-08-01 | $275,375 (0.2%) | $336,171 (-3.9%) | 0.00 | 213 |
Lufkin's median listing price comes in at 0% of the national average.
Lufkin's average listing price for 2023-08-01 was $336,171, a difference of $-13,707 (-3.9%) versus the prior year and $-7,150 versus the prior month.
For the 2023-08-01 period, Lufkin had 213 MLS listings, a difference of 11 listings (5%) versus the prior month and 57 listings (37%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Lufkin (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,988 sqft |
| 2018-02-01 | 0 days | 1,962 sqft |
| 2018-03-01 | 0 days | 1,978 sqft |
| 2018-04-01 | 0 days | 2,032 sqft |
| 2018-05-01 | 0 days | 2,088 sqft |
| 2018-06-01 | 0 days | 2,092 sqft |
| 2018-07-01 | 0 days | 2,055 sqft |
| 2018-08-01 | 0 days | 2,041 sqft |
| 2018-09-01 | 0 days | 2,085 sqft |
| 2018-10-01 | 0 days | 2,112 sqft |
| 2018-11-01 | 0 days | 2,068 sqft |
| 2018-12-01 | 0 days | 1,979 sqft |
| 2019-01-01 | 0 days | 1,938 sqft |
| 2019-02-01 | 0 days | 1,884 sqft |
| 2019-03-01 | 0 days | 1,909 sqft |
| 2019-04-01 | 0 days | 1,959 sqft |
| 2019-05-01 | 0 days | 2,015 sqft |
| 2019-06-01 | 0 days | 2,098 sqft |
| 2019-07-01 | 0 days | 2,105 sqft |
| 2019-08-01 | 0 days | 2,116 sqft |
| 2019-09-01 | 0 days | 2,139 sqft |
| 2019-10-01 | 0 days | 2,170 sqft |
| 2019-11-01 | 0 days | 2,236 sqft |
| 2019-12-01 | 0 days | 2,161 sqft |
| 2020-01-01 | 0 days | 2,051 sqft |
| 2020-02-01 | 0 days | 2,052 sqft |
| 2020-03-01 | 0 days | 2,045 sqft |
| 2020-04-01 | 0 days | 2,039 sqft |
| 2020-05-01 | 0 days | 2,059 sqft |
| 2020-06-01 | 0 days | 2,078 sqft |
| 2020-07-01 | 0 days | 2,088 sqft |
| 2020-08-01 | 0 days | 2,063 sqft |
| 2020-09-01 | 0 days | 2,001 sqft |
| 2020-10-01 | 0 days | 2,131 sqft |
| 2020-11-01 | 0 days | 2,070 sqft |
| 2020-12-01 | 0 days | 2,008 sqft |
| 2021-01-01 | 0 days | 2,000 sqft |
| 2021-02-01 | 0 days | 1,903 sqft |
| 2021-03-01 | 0 days | 1,936 sqft |
| 2021-04-01 | 0 days | 1,942 sqft |
| 2021-05-01 | 0 days | 2,124 sqft |
| 2021-06-01 | 0 days | 2,078 sqft |
| 2021-07-01 | 0 days | 1,738 sqft |
| 2021-08-01 | 0 days | 1,792 sqft |
| 2021-09-01 | 0 days | 1,784 sqft |
| 2021-10-01 | 0 days | 1,971 sqft |
| 2021-11-01 | 0 days | 1,986 sqft |
| 2021-12-01 | 0 days | 1,977 sqft |
| 2022-01-01 | 0 days | 1,965 sqft |
| 2022-02-01 | 0 days | 1,910 sqft |
| 2022-03-01 | 0 days | 1,907 sqft |
| 2022-04-01 | 0 days | 1,961 sqft |
| 2022-05-01 | 0 days | 1,898 sqft |
| 2022-06-01 | 0 days | 1,845 sqft |
| 2022-07-01 | 0 days | 1,801 sqft |
| 2022-08-01 | 0 days | 1,779 sqft |
| 2022-09-01 | 0 days | 1,946 sqft |
| 2022-10-01 | 0 days | 1,950 sqft |
| 2022-11-01 | 0 days | 1,951 sqft |
| 2022-12-01 | 0 days | 1,872 sqft |
| 2023-01-01 | 0 days | 1,864 sqft |
| 2023-02-01 | 0 days | 1,853 sqft |
| 2023-03-01 | 0 days | 1,841 sqft |
| 2023-04-01 | 0 days | 1,857 sqft |
| 2023-05-01 | 0 days | 1,866 sqft |
| 2023-06-01 | 0 days | 1,819 sqft |
| 2023-07-01 | 0 days | 1,823 sqft |
| 2023-08-01 | 0 days | 1,821 sqft |
Lufkin's median square footage for active listings during the 2023-08-01 period was 1,821 sqft. One year prior, the average listing was 1,779 sqft.
Lufkin, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 894 | $194,140,000 | $217,159 |
| Cash Out Refi | 150 | $28,960,000 | $193,067 |
| Refi | 107 | $20,785,000 | $194,252 |
| Other | 52 | $5,810,000 | $111,731 |
| Home Improvement | 40 | $4,500,000 | $112,500 |
Lufkin's most frequently cited loan purpose was Home Purchase, with 894 originations. The 2nd most popular reason was Cash Out Refi, with 150 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 323 | $66,125,000 | $204,721 |
| 4-5% | 293 | $65,545,000 | $223,703 |
| 3-4% | 227 | $48,335,000 | $212,930 |
| 6-7% | 180 | $32,630,000 | $181,278 |
| 7-8% | 75 | $15,715,000 | $209,533 |
| Over 8% | 44 | $4,650,000 | $105,682 |
| 2.5-3% | 38 | $8,510,000 | $223,947 |
| <2.5% | 20 | $5,120,000 | $256,000 |
During 2022, Lufkin's most frequently originated rate bucket was 5-6%, with 323 originations.
Loan Sizing (Lufkin, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 475 | $70,305,000 | $148,011 |
| $200k-400k | 465 | $124,755,000 | $268,290 |
| $100,000 or less | 232 | $16,280,000 | $70,172 |
| $400k-600k | 51 | $23,695,000 | $464,608 |
| $600k-1000k | 14 | $9,840,000 | $702,857 |
| $Over $1MM | 6 | $9,320,000 | $1,553,333 |
Lufkin's loan sizing saw the bucket of loans from $100k-200k with 475 originations, totaling $70,305,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 657 | $142,625,000 | $217,085 |
| 60-80% | 313 | $68,895,000 | $220,112 |
| 40-60% | 119 | $20,025,000 | $168,277 |
| 20-40% | 56 | $5,470,000 | $97,679 |
| Over 100% | 28 | $7,240,000 | $258,571 |
| Under 20% | 24 | $1,470,000 | $61,250 |
Lufkin's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 657 originations, totaling $142,625,000 in origination value.