Lufkin Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lufkin averaged
7.16%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
7.24% and
one month ago for the week of 2024-03-14, the
average rate was 6.7%.
Lufkin's average rate one year ago was 6.43%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.6%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Lufkin 30 Year Fixed Rate | 2024-04-18 | 7.16% |
| Lufkin 30 Year Fixed Rate Refi | 2024-04-18 | 7.6% |
| Lufkin 15 Year Fixed Rate | 2024-04-18 | 6.29% |
| Lufkin 15 Year Fixed Rate Refi | 2024-04-18 | 6.69% |
| Lufkin 30 Year FHA | 2024-04-18 | 6.73% |
| Lufkin 30 Year FHA Refi | 2024-04-18 | 6.96% |
| Lufkin 30 Year USDA | 2024-04-18 | 7.06% |
| Lufkin 30 Year USDA Refi | 2024-04-18 | 6.66% |
| Lufkin 30 Year VA | 2024-04-18 | 6.77% |
| Lufkin 30 Year VA Refi | 2024-04-18 | 6.86% |
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 84 lenders originated 936
loans during 2023. The total origination value was $189,770,000, with an average loan value of
$202,746.
Lufkin's average closing costs are $5,644.
The top Lufkin lender as defined by loan originations is Commercial Bank of Texas, with
70 loans originated. Their average total fees are
$4,303, which is $2,263
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Lufkin lenders (with over 10 loans originated) are
Commercial Bank of Texas ($4,303), Southside Bank ($4,833), Cornerstone First Mortgage, Inc ($4,945), AMCAP MORTGAGE, LTD. ($5,803) and QUICKEN LOANS, LLC ($6,566).
The lowest rate Lufkin lenders (with over 10 loans originated) are
BancorpSouth (6.76%), Flagstar Bank, FSB (6.79%), AMCAP MORTGAGE, LTD. (6.83%), Cornerstone First Mortgage, Inc (6.84%) and QUICKEN LOANS, LLC (6.92%).
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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Commercial Bank of Texas | $38,450,000 | $29,950,000 | -22.1% | 15.8% |
| BancorpSouth | $12,945,000 | $12,440,000 | -3.9% | 6.6% |
| QUICKEN LOANS, LLC | $14,375,000 | $10,560,000 | -26.5% | 5.6% |
| AMCAP MORTGAGE, LTD. | $21,450,000 | $9,375,000 | -56.3% | 4.9% |
| Austin Bank, Texas | $10,615,000 | $9,130,000 | -14.0% | 4.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $6,355,000 | $8,620,000 | 35.6% | 4.5% |
| Southside Bank | $7,500,000 | $7,880,000 | 5.1% | 4.2% |
| Flagstar Bank, FSB | $10,505,000 | $7,700,000 | -26.7% | 4.1% |
| Mortgage Research Center, LLC | $7,915,000 | $5,335,000 | -32.6% | 2.8% |
| 21ST MORTGAGE CORPORATION | $3,800,000 | $5,090,000 | 33.9% | 2.7% |
| NTFN, INC. | $6,865,000 | $4,885,000 | -28.8% | 2.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,380,000 | $3,545,000 | 4.9% | 1.9% |
| Regions Bank | $5,640,000 | $3,365,000 | -40.3% | 1.8% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $635,000 | $3,355,000 | 428.3% | 1.8% |
| Cornerstone First Mortgage, Inc | $3,205,000 | n/a | 1.7% | |
| NAVY FEDERAL CREDIT UNION | $3,295,000 | $2,860,000 | -13.2% | 1.5% |
| VeraBank | $2,750,000 | $2,835,000 | 3.1% | 1.5% |
| American State Bank | $1,365,000 | $2,810,000 | 105.9% | 1.5% |
| CARDINAL FINANCIAL | $145,000 | $2,150,000 | 1,382.8% | 1.1% |
| TRIAD FINANCIAL SERVICES, INC. | $1,965,000 | $1,880,000 | -4.3% | 1.0% |
| BOM Bank | $205,000 | $1,845,000 | 800.0% | 1.0% |
| CMG MORTGAGE, INC. | $935,000 | $1,440,000 | 54.0% | 0.8% |
| USAA Federal Savings Bank | $1,845,000 | $1,300,000 | -29.5% | 0.7% |
| Wells Fargo Bank | $1,735,000 | $1,295,000 | -25.4% | 0.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $780,000 | $1,225,000 | 57.1% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $680,000 | $1,195,000 | 75.7% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $1,470,000 | $1,105,000 | -24.8% | 0.6% |
| CALIBER HOME LOANS, INC. | $1,720,000 | $1,055,000 | -38.7% | 0.6% |
| Texas National Bank of Jacksonville | $1,085,000 | $1,025,000 | -5.5% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,280,000 | $1,020,000 | -55.3% | 0.5% |
| UBank | $2,345,000 | $995,000 | -57.6% | 0.5% |
| GUILD MORTGAGE COMPANY | $1,400,000 | $985,000 | -29.6% | 0.5% |
| VAN DYK MORTGAGE CORPORATION | $775,000 | $975,000 | 25.8% | 0.5% |
| JPMorgan Chase Bank | $1,955,000 | $870,000 | -55.5% | 0.5% |
| LOANDEPOT.COM, LLC | $3,505,000 | $840,000 | -76.0% | 0.4% |
| NEWREZ LLC | $530,000 | $815,000 | 53.8% | 0.4% |
| GUARANTEED RATE, INC. | $1,220,000 | $795,000 | -34.8% | 0.4% |
| EAST TEXAS PROFESSIONAL Credit Union | $345,000 | $755,000 | 118.8% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,595,000 | $705,000 | -80.4% | 0.4% |
| SOUTHWEST STAGE FUNDING, LLC | $1,250,000 | $700,000 | -44.0% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $520,000 | $690,000 | 32.7% | 0.4% |
| U.S. Bank | $1,400,000 | $680,000 | -51.4% | 0.4% |
| Plains Commerce Bank | $295,000 | $665,000 | 125.4% | 0.4% |
| ROYAL UNITED MORTGAGE LLC | $420,000 | $655,000 | 56.0% | 0.3% |
| GENCO Federal Credit Union | $790,000 | $635,000 | -19.6% | 0.3% |
| COUNTRYPLACE MORTGAGE, LTD. | $965,000 | $625,000 | -35.2% | 0.3% |
| Farm Credit Mid-America, ACA | $620,000 | n/a | 0.3% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $480,000 | $605,000 | 26.0% | 0.3% |
| Carrington Mortgage Services, LLC | $925,000 | $605,000 | -34.6% | 0.3% |
| V.I.P. MORTGAGE, INC. | $550,000 | n/a | 0.3% | |
| Discover Bank | $260,000 | $540,000 | 107.7% | 0.3% |
| Stifel Bank and Trust | $535,000 | n/a | 0.3% | |
| OCMBC, INC. | $530,000 | n/a | 0.3% | |
| PNC Bank | $240,000 | $530,000 | 120.8% | 0.3% |
| SECURITY SERVICE | $495,000 | n/a | 0.3% | |
| AMERISAVE MORTGAGE CORPORATION | $980,000 | $490,000 | -50.0% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $885,000 | $490,000 | -44.6% | 0.3% |
| BMO Harris Bank | $475,000 | n/a | 0.3% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $465,000 | n/a | 0.2% | |
| Bank of England | $95,000 | $465,000 | 389.5% | 0.2% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $100,000 | $445,000 | 345.0% | 0.2% |
| BNC National Bank | $435,000 | n/a | 0.2% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $145,000 | $415,000 | 186.2% | 0.2% |
| Chicago Mortgage Solutions LLC | $415,000 | n/a | 0.2% | |
| PLAZA HOME MORTGAGE, INC. | $890,000 | $405,000 | -54.5% | 0.2% |
| T2 FINANCIAL LLC | $395,000 | n/a | 0.2% | |
| Waterstone Mortgage Corporation | $380,000 | n/a | 0.2% | |
| Ameris Bank | $355,000 | n/a | 0.2% | |
| FIRST COMMUNITY CREDIT UNION | $355,000 | n/a | 0.2% | |
| MORTGAGE ACCESS CORP. | $355,000 | n/a | 0.2% | |
| Nations Lending Corporation | $85,000 | $350,000 | 311.8% | 0.2% |
| The Federal Savings Bank | $350,000 | n/a | 0.2% | |
| EVERETT FINANCIAL, INC. | $430,000 | $340,000 | -20.9% | 0.2% |
| BROKER SOLUTIONS, INC. | $1,760,000 | $335,000 | -81.0% | 0.2% |
| RANDOLPH-BROOKS | $265,000 | $330,000 | 24.5% | 0.2% |
| Texas Bank | $330,000 | n/a | 0.2% | |
| HALLMARK HOME MORTGAGE, LLC | $165,000 | $310,000 | 87.9% | 0.2% |
| Zions Bank | $305,000 | n/a | 0.2% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $295,000 | n/a | 0.2% | |
| BEACON | $295,000 | n/a | 0.2% | |
| GARDNER FINANCIAL SERVICES, LTD. | $295,000 | n/a | 0.2% | |
| CALCON MUTUAL MORTGAGE LLC | $450,000 | $285,000 | -36.7% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $625,000 | $285,000 | -54.4% | 0.2% |
| Texas Mortgage Lending, LLC | $215,000 | $280,000 | 30.2% | 0.1% |
| Colonial Savings, F.A. | $690,000 | $275,000 | -60.1% | 0.1% |
| Truist | $370,000 | $275,000 | -25.7% | 0.1% |
| BECKAM FUNDING CORP. | $270,000 | n/a | 0.1% | |
| ALTRA | $255,000 | n/a | 0.1% | |
| Commerce Home Mortgage, Inc. | $255,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $255,000 | n/a | 0.1% | |
| TIB The Independent Bankersbank | $325,000 | $255,000 | -21.5% | 0.1% |
| TOWNE MORTGAGE COMPANY | $365,000 | $255,000 | -30.1% | 0.1% |
| Herring Bank | $250,000 | n/a | 0.1% | |
| Henderson Federal Savings Bank | $245,000 | n/a | 0.1% | |
| LOANPAL, LLC | $1,580,000 | $245,000 | -84.5% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $240,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $775,000 | $240,000 | -69.0% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $235,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $920,000 | $235,000 | -74.5% | 0.1% |
| PlainsCapital Bank | $235,000 | n/a | 0.1% | |
| SIRVA MORTGAGE, INC. | $235,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $145,000 | $225,000 | 55.2% | 0.1% |
| First National Bank Texas | $215,000 | n/a | 0.1% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $270,000 | $205,000 | -24.1% | 0.1% |
| BOKF | $435,000 | $200,000 | -54.0% | 0.1% |
| Citizens 1st Bank | $345,000 | $195,000 | -43.5% | 0.1% |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $195,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $405,000 | $185,000 | -54.3% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $165,000 | n/a | 0.1% | |
| First Federal Bank | $205,000 | $165,000 | -19.5% | 0.1% |
| GMFS LLC | $165,000 | n/a | 0.1% | |
| HOMEXPRESS MORTGAGE CORP. | $165,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $165,000 | $165,000 | 0.0% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $355,000 | $160,000 | -54.9% | 0.1% |
| MORTGAGE FINANCIAL SERVICES, LLC | $450,000 | $155,000 | -65.6% | 0.1% |
| UNION HOME MORTGAGE CORP. | $145,000 | n/a | 0.1% | |
| Bell Bank | $135,000 | n/a | 0.1% | |
| NECHES | $315,000 | $135,000 | -57.1% | 0.1% |
| Sabine State Bank and Trust Company | $550,000 | $135,000 | -75.5% | 0.1% |
| SENTE MORTGAGE, INC. | $135,000 | n/a | 0.1% | |
| THE MORTGAGE FIRM, INC. | $215,000 | $135,000 | -37.2% | 0.1% |
| Citizens Bank | $500,000 | $125,000 | -75.0% | 0.1% |
| First Financial Bank | $1,180,000 | $125,000 | -89.4% | 0.1% |
| UNIVERSITY Federal Credit Union | $125,000 | n/a | 0.1% | |
| CONTOUR MORTGAGE CORPORATION | $115,000 | n/a | 0.1% | |
| OPEN MORTGAGE, LLC | $115,000 | n/a | 0.1% | |
| FirstBank | $75,000 | $105,000 | 40.0% | 0.1% |
| NATIONS RELIABLE LENDING, LLC | $335,000 | $105,000 | -68.7% | 0.1% |
| MICHIGAN MUTUAL, INC. | $100,000 | n/a | 0.1% | |
| Bank of America | $1,560,000 | $90,000 | -94.2% | 0.0% |
| EDUCATION FIRST | $85,000 | n/a | 0.0% | |
| Servion, Inc. | $445,000 | $85,000 | -80.9% | 0.0% |
| The Loan Store, Inc. | $85,000 | n/a | 0.0% | |
| JSC | $55,000 | $75,000 | 36.4% | 0.0% |
| THRIVE MORTGAGE, LLC | $65,000 | n/a | 0.0% | |
| MOBILOIL | $715,000 | $60,000 | -91.6% | 0.0% |
| TEXAS DOW EMPLOYEES CREDIT UNION | $225,000 | $55,000 | -75.6% | 0.0% |
Lufkin's top lender by overall market share is Commercial Bank of Texas, with 15.8% market share. In second place, with 6.6%, is BancorpSouth, having originated $12,440,000 in loans. In third place, with 5.6%, is QUICKEN LOANS, LLC, having originated $10,560,000 in loans. In fourth place, with 4.9%, is AMCAP MORTGAGE, LTD., having originated $9,375,000 in loans. In fifth place, with 4.8%, is Austin Bank, Texas, having originated $9,130,000 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 (10.3%) | 0.00 | 276 |
| 2018-02-01 | $173,350 (8.9%) | $242,755 (5.4%) | 0.00 | 276 |
| 2018-03-01 | $179,900 (12.1%) | $245,070 (4.5%) | 0.00 | 258 |
| 2018-04-01 | $189,175 (18.3%) | $251,627 (9.5%) | 0.00 | 251 |
| 2018-05-01 | $194,405 (18.5%) | $259,430 (13.4%) | 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 | $238,750 (11.0%) | $278,701 (1.2%) | 0.00 | 168 |
| 2020-09-01 | $224,500 (4.3%) | $273,790 (-0.7%) | 0.00 | 150 |
| 2020-10-01 | $245,000 (11.5%) | $299,980 (8.8%) | 0.00 | 136 |
| 2020-11-01 | $254,725 (13.2%) | $300,415 (5.7%) | 0.00 | 125 |
| 2020-12-01 | $245,000 (9.4%) | $294,998 (6.7%) | 0.00 | 131 |
| 2021-01-01 | $233,000 (9.7%) | $281,740 (3.3%) | 0.00 | 126 |
| 2021-02-01 | $217,500 (8.8%) | $264,162 (-0.4%) | 0.00 | 126 |
| 2021-03-01 | $219,925 (2.3%) | $274,407 (1.3%) | 0.00 | 111 |
| 2021-04-01 | $216,200 (-5.0%) | $286,977 (6.3%) | 0.00 | 101 |
| 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 (3.5%) | $363,411 (30.4%) | 0.00 | 122 |
| 2021-09-01 | $241,725 (7.7%) | $363,336 (32.7%) | 0.00 | 127 |
| 2021-10-01 | $253,700 (3.6%) | $386,289 (28.8%) | 0.00 | 122 |
| 2021-11-01 | $276,925 (8.7%) | $401,559 (33.7%) | 0.00 | 121 |
| 2021-12-01 | $271,892 (11.0%) | $395,753 (34.2%) | 0.00 | 106 |
| 2022-01-01 | $269,000 (15.5%) | $403,094 (43.1%) | 0.00 | 93 |
| 2022-02-01 | $278,375 (28.0%) | $333,312 (26.2%) | 0.00 | 90 |
| 2022-03-01 | $279,950 (27.3%) | $314,822 (14.7%) | 0.00 | 97 |
| 2022-04-01 | $308,000 (42.5%) | $322,837 (12.5%) | 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 | $273,175 (10.6%) | $350,021 (-3.7%) | 0.00 | 154 |
| 2022-09-01 | $291,000 (20.4%) | $373,287 (2.7%) | 0.00 | 163 |
| 2022-10-01 | $293,700 (15.8%) | $361,614 (-6.4%) | 0.00 | 190 |
| 2022-11-01 | $293,750 (6.1%) | $384,904 (-4.2%) | 0.00 | 202 |
| 2022-12-01 | $289,900 (6.6%) | $377,479 (-4.6%) | 0.00 | 209 |
| 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 (-1.8%) | $370,218 (17.6%) | 0.00 | 189 |
| 2023-04-01 | $287,500 (-6.7%) | $381,109 (18.1%) | 0.00 | 182 |
| 2023-05-01 | $288,250 (3.0%) | $364,153 (9.4%) | 0.00 | 181 |
| 2023-06-01 | $279,000 (2.4%) | $344,894 (13.2%) | 0.00 | 194 |
| 2023-07-01 | $279,000 (6.3%) | $343,321 (13.0%) | 0.00 | 202 |
| 2023-08-01 | $275,375 (0.8%) | $336,171 (-4.0%) | 0.00 | 213 |
| 2023-09-01 | $279,000 (-4.1%) | $342,045 (-8.4%) | 0.00 | 218 |
| 2023-10-01 | $279,700 (-4.8%) | $335,085 (-7.3%) | 0.00 | 238 |
| 2023-11-01 | $272,200 (-7.3%) | $324,353 (-15.7%) | 0.00 | 246 |
| 2023-12-01 | $282,450 (-2.6%) | $321,805 (-14.8%) | 0.00 | 250 |
| 2024-01-01 | $282,500 (0.7%) | $320,597 (-12.4%) | 0.00 | 250 |
| 2024-02-01 | $289,900 (4.9%) | $329,374 (-9.0%) | 0.00 | 254 |
| 2024-03-01 | $291,250 (5.9%) | $330,344 (-10.8%) | 0.00 | 260 |
Lufkin's median listing price comes in at 0% of the national average.
Lufkin's average listing price for 2024-03-01 was $330,344, a difference of $-39,874 (-10.8%) versus the prior year and $970 versus the prior month.
For the 2024-03-01 period, Lufkin had 260 MLS listings, a difference of 6 listings (2%) versus the prior month and 71 listings (38%) 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 | 1,906 sqft |
| 2019-04-01 | 0 days | 1,955 sqft |
| 2019-05-01 | 0 days | 2,015 sqft |
| 2019-06-01 | 0 days | 2,103 sqft |
| 2019-07-01 | 0 days | 2,108 sqft |
| 2019-08-01 | 0 days | 2,123 sqft |
| 2019-09-01 | 0 days | 2,146 sqft |
| 2019-10-01 | 0 days | 2,178 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 | 2,052 sqft |
| 2020-09-01 | 0 days | 1,987 sqft |
| 2020-10-01 | 0 days | 2,123 sqft |
| 2020-11-01 | 0 days | 2,064 sqft |
| 2020-12-01 | 0 days | 1,996 sqft |
| 2021-01-01 | 0 days | 1,996 sqft |
| 2021-02-01 | 0 days | 1,900 sqft |
| 2021-03-01 | 0 days | 1,928 sqft |
| 2021-04-01 | 0 days | 1,935 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 | 1,788 sqft |
| 2021-10-01 | 0 days | 1,980 sqft |
| 2021-11-01 | 0 days | 1,988 sqft |
| 2021-12-01 | 0 days | 1,979 sqft |
| 2022-01-01 | 0 days | 1,968 sqft |
| 2022-02-01 | 0 days | 1,925 sqft |
| 2022-03-01 | 0 days | 1,907 sqft |
| 2022-04-01 | 0 days | 1,965 sqft |
| 2022-05-01 | 0 days | 1,906 sqft |
| 2022-06-01 | 0 days | 1,850 sqft |
| 2022-07-01 | 0 days | 1,814 sqft |
| 2022-08-01 | 0 days | 1,795 sqft |
| 2022-09-01 | 0 days | 1,953 sqft |
| 2022-10-01 | 0 days | 1,951 sqft |
| 2022-11-01 | 0 days | 1,952 sqft |
| 2022-12-01 | 0 days | 1,882 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 | 1,863 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 |
| 2023-09-01 | 0 days | 1,848 sqft |
| 2023-10-01 | 0 days | 1,829 sqft |
| 2023-11-01 | 0 days | 1,809 sqft |
| 2023-12-01 | 0 days | 1,815 sqft |
| 2024-01-01 | 0 days | 1,800 sqft |
| 2024-02-01 | 0 days | 1,799 sqft |
| 2024-03-01 | 0 days | 1,823 sqft |
Lufkin's median square footage for active listings during the 2024-03-01 period was 1,823 sqft. One year prior, the average listing was 1,841 sqft.
Lufkin, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 717 | $155,275,000 | $216,562 |
| Refi | 67 | $11,695,000 | $174,552 |
| Cash Out Refi | 65 | $12,465,000 | $191,769 |
| Other | 53 | $6,595,000 | $124,434 |
| Home Improvement | 34 | $3,740,000 | $110,000 |
Lufkin's most frequently cited loan purpose was Home Purchase, with 717 originations. The 2nd most popular reason was Refi, with 67 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 313 | $73,735,000 | $235,575 |
| 7-8% | 262 | $50,340,000 | $192,137 |
| Over 8% | 204 | $28,820,000 | $141,275 |
| 5-6% | 106 | $26,220,000 | $247,358 |
| <2.5% | 5 | $25,000 | $5,000 |
| 4-5% | 5 | $1,455,000 | $291,000 |
| 3-4% | 1 | $85,000 | $85,000 |
| 2.5-3% | 1 | $55,000 | $55,000 |
During 2023, Lufkin's most frequently originated rate bucket was 6-7%, with 313 originations.
Loan Sizing (Lufkin, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 369 | $53,705,000 | $145,542 |
| $200k-400k | 311 | $83,455,000 | $268,344 |
| $100,000 or less | 189 | $12,745,000 | $67,434 |
| $400k-600k | 48 | $22,550,000 | $469,792 |
| $600k-1000k | 14 | $10,030,000 | $716,429 |
| $Over $1MM | 5 | $7,285,000 | $1,457,000 |
Lufkin's loan sizing saw the bucket of loans from $100k-200k with 369 originations, totaling $53,705,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 482 | $106,170,000 | $220,270 |
| 60-80% | 228 | $47,470,000 | $208,202 |
| 40-60% | 81 | $14,735,000 | $181,914 |
| 20-40% | 57 | $6,135,000 | $107,632 |
| Under 20% | 25 | $885,000 | $35,400 |
| Over 100% | 21 | $4,805,000 | $228,810 |
Lufkin's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 482 originations, totaling $106,170,000 in origination value.