Martin Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Martin averaged 6.85% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.67% and one month ago for the week of 2025-03-06, the average rate was 6.96%.

    Martin's average rate one year ago was 6.75%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.92%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Martin 30 Year Fixed Rate 2025-04-10 6.85%
    Martin 30 Year Fixed Rate Refi 2025-04-10 6.92%
    Martin 15 Year Fixed Rate 2025-04-10 5.72%
    Martin 15 Year Fixed Rate Refi 2025-04-10 5.92%
    Martin 30 Year FHA 2025-04-10 6.53%
    Martin 30 Year FHA Refi 2025-04-10 6.63%
    Martin 30 Year USDA 2025-04-10 6.55%
    Martin 30 Year USDA Refi 2025-04-10 6.45%
    Martin 30 Year VA 2025-04-10 6.39%
    Martin 30 Year VA Refi 2025-04-10 6.39%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Martin, TN.

    Martin 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 Martin, 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 12 6.84% $7,269
    Simmons Bank 10 6.90% $3,548
    Leaders Credit Union 8 6.89% $3,044
    FIRST COMMUNITY MORTGAGE, INC. 7 6.88% $5,978
    Regions Bank 6 7.00% $3,321
    UNITED WHOLESALE MORTGAGE, LLC 4 7.00% $4,090
    Legends Bank 4 7.34% $5,587
    BancorpSouth 3 7.29% $4,312
    FirstBank 3 7.48% $3,908
    LOANDEPOT.COM, LLC 3 6.92% $7,435
    Wells Fargo Bank 2 6.81% $3,804
    AMERISAVE MORTGAGE CORPORATION 2 7.00% $11,041
    Farm Credit Mid-America, ACA 2 6.88% $8,930
    First Citizens National Bank 2 6.31% $6,941
    First Horizon Bank 2 7.25% $6,069
    GUARANTEED RATE, INC. 2 6.61% $4,556
    NEWREZ LLC 2 6.49% $5,897
    TOWNE MORTGAGE COMPANY 2 6.63% $3,483
    Legacy Home Loans, LLC 1 6.63% $3,447
    DEEPHAVEN MORTGAGE LLC 1 6.99% $16,382
    CITIZENS EQUITY FIRST 1 6.50% $3,233
    Mortgage Research Center, LLC 1 7.63% $3,562
    U. T. 1 6.50% $3,720
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.38% $2,894
    PENNYMAC LOAN SERVICES, LLC 1 7.00% $5,134
    PHH Mortgage Corporation 1 7.63% $4,837
    Pinnacle Bank 1 6.63% $3,291
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.13% $4,639
    CHURCHILL MORTGAGE CORPORATION 1 6.99% $9,477
    ASCEND FEDERAL CREDIT UNION 1 5.63% $3,765
    RELIANCE FIRST CAPITAL, LLC 1 7.13% $4,782
    ROYAL UNITED MORTGAGE LLC 1 7.63% $6,564
    S1L, Inc. 1 6.38% $6,187
    SeaTrust Mortgage Company 1 5.88% $7,230
    ANGEL OAK MORTGAGE SOLUTIONS LLC 1 8.38% $7,266
    ACOPIA, LLC 1 6.63% $5,942
    Truist 1 5.30% $9,459
    Ameris Bank 1 6.63% $4,216
    JPMorgan Chase Bank 1 6.38% $2,997
    First Federal Bank, A FSB 1 6.50% $4,580

    Martin Average Closing Costs & Other Stats

    Martin, TN's 40 lenders originated 525 loans during 2024. The total origination value was $101,205,000, with an average loan value of $192,771.

    Martin's average closing costs are $4,595.

    The top Martin lender as defined by loan originations is QUICKEN LOANS, LLC, with 12 loans originated. Their average total fees are $7,269, which is $3,721 higher than the next largest lender, Simmons Bank.

    The lowest fee Martin lenders (with over 10 loans originated) are Simmons Bank ($3,548), QUICKEN LOANS, LLC ($7,269), .

    The lowest rate Martin lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.84%), Simmons Bank (6.90%), .

    Martin, 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    COREVEST AMERICAN FINANCE LENDER LLC $16,405,000 n/a 16.2%
    QUICKEN LOANS, LLC $3,095,000 $5,680,000 83.5% 5.6%
    Simmons Bank $6,035,000 $5,660,000 -6.2% 5.6%
    Mortgage Research Center, LLC $2,910,000 $5,160,000 77.3% 5.1%
    First Citizens National Bank $6,305,000 $4,540,000 -28.0% 4.5%
    Leaders Credit Union $4,240,000 $3,885,000 -8.4% 3.8%
    Regions Bank $4,130,000 $3,360,000 -18.6% 3.3%
    U. T. $2,770,000 $3,215,000 16.1% 3.2%
    FIRST COMMUNITY MORTGAGE, INC. $2,235,000 $2,580,000 15.4% 2.5%
    Centennial Bank $275,000 $2,505,000 810.9% 2.5%
    UNITED WHOLESALE MORTGAGE, LLC $2,395,000 $2,450,000 2.3% 2.4%
    Carroll Bank and Trust $2,205,000 $2,355,000 6.8% 2.3%
    TriStar Bank $2,035,000 n/a 2.0%
    BancorpSouth $640,000 $1,880,000 193.8% 1.9%
    Commercial Bank & Trust Co. $765,000 $1,865,000 143.8% 1.8%
    FirstBank $520,000 $1,610,000 209.6% 1.6%
    Legends Bank $1,835,000 $1,505,000 -18.0% 1.5%
    PENNYMAC LOAN SERVICES, LLC $490,000 $1,495,000 205.1% 1.5%
    LOANDEPOT.COM, LLC $910,000 $1,455,000 59.9% 1.4%
    Farm Credit Mid-America, ACA $2,290,000 $1,420,000 -38.0% 1.4%
    MORTGAGE INVESTORS GROUP, INC. $780,000 $980,000 25.6% 1.0%
    NAVY FEDERAL CREDIT UNION $380,000 $915,000 140.8% 0.9%
    21ST MORTGAGE CORPORATION $925,000 $900,000 -2.7% 0.9%
    AMERISAVE MORTGAGE CORPORATION $315,000 $850,000 169.8% 0.8%
    NEWREZ LLC $95,000 $750,000 689.5% 0.7%
    FREEDOM MORTGAGE CORPORATION $475,000 $725,000 52.6% 0.7%
    DEEPHAVEN MORTGAGE LLC $705,000 n/a 0.7%
    TOWNE MORTGAGE COMPANY $480,000 $670,000 39.6% 0.7%
    MUTUAL OF OMAHA MORTGAGE, INC. $565,000 n/a 0.6%
    VILLAGE CAPITAL MORTGAGE $530,000 n/a 0.5%
    First Horizon Bank $355,000 $490,000 38.0% 0.5%
    Wells Fargo Bank $75,000 $455,000 506.7% 0.4%
    Carrington Mortgage Services, LLC $435,000 n/a 0.4%
    Truist $410,000 n/a 0.4%
    GUARANTEED RATE, INC. $370,000 n/a 0.4%
    Equity Prime Mortgage LLC $355,000 $325,000 -8.5% 0.3%
    ASCEND FEDERAL CREDIT UNION $315,000 n/a 0.3%
    SeaTrust Mortgage Company $305,000 n/a 0.3%
    Paramount Residential Mortgage Group, Inc. $135,000 $295,000 118.5% 0.3%
    Stride Bank $295,000 n/a 0.3%
    TOP FLITE FINANCIAL, INC. $105,000 $270,000 157.1% 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $560,000 $265,000 -52.7% 0.3%
    ACOPIA, LLC $260,000 n/a 0.3%
    A&D Mortgage LLC $255,000 n/a 0.3%
    LAKEVIEW LOAN SERVICING, LLC $255,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $255,000 n/a 0.3%
    Ameris Bank $245,000 n/a 0.2%
    BROKER SOLUTIONS, INC. $175,000 $245,000 40.0% 0.2%
    CHURCHILL MORTGAGE CORPORATION $245,000 n/a 0.2%
    Figure Lending LLC $135,000 $240,000 77.8% 0.2%
    McKenzie Banking Company $185,000 $240,000 29.7% 0.2%
    SUMMIT FUNDING, INC. $240,000 n/a 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $395,000 $240,000 -39.2% 0.2%
    Bank of Springfield $235,000 n/a 0.2%
    CITIZENS EQUITY FIRST $235,000 n/a 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $295,000 $230,000 -22.0% 0.2%
    ENVOY MORTGAGE, LTD $225,000 n/a 0.2%
    NEW DAY FINANCIAL, LLC $255,000 $225,000 -11.8% 0.2%
    Patriot Bank $225,000 n/a 0.2%
    S1L, Inc. $205,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $185,000 $195,000 5.4% 0.2%
    VAN DYK MORTGAGE CORPORATION $490,000 $195,000 -60.2% 0.2%
    RELIANCE FIRST CAPITAL, LLC $195,000 $190,000 -2.6% 0.2%
    Brighton Bank $185,000 n/a 0.2%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $175,000 n/a 0.2%
    Legacy Home Loans, LLC $175,000 n/a 0.2%
    First Financial Bank $110,000 $160,000 45.5% 0.2%
    JPMorgan Chase Bank $155,000 n/a 0.2%
    The Farmers Bank $155,000 n/a 0.2%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $145,000 n/a 0.1%
    CROSSCOUNTRY MORTGAGE, LLC $630,000 $145,000 -77.0% 0.1%
    EVERETT FINANCIAL, INC. $195,000 $145,000 -25.6% 0.1%
    Pinnacle Bank $145,000 n/a 0.1%
    First Federal Bank, A FSB $135,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $195,000 $135,000 -30.8% 0.1%
    ZILLOW HOME LOANS, LLC $135,000 n/a 0.1%
    Citizens Bank $85,000 $125,000 47.1% 0.1%
    LOANPAL, LLC $125,000 n/a 0.1%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $125,000 n/a 0.1%
    AMERITRUST MORTGAGE CORPORATION $115,000 n/a 0.1%
    RESIDENTIAL BANCORP $110,000 n/a 0.1%
    PHH Mortgage Corporation $170,000 $105,000 -38.2% 0.1%
    RUOFF MORTGAGE COMPANY, INC. $105,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $195,000 $85,000 -56.4% 0.1%
    Connexus Credit Union $75,000 n/a 0.1%
    U.S. Bank $205,000 $75,000 -63.4% 0.1%
    SOUTHWEST STAGE FUNDING, LLC $175,000 $65,000 -62.9% 0.1%
    Bank of America $65,000 $55,000 -15.4% 0.1%
    Coastal Community Bank $15,000 $55,000 266.7% 0.1%
    Discover Bank $85,000 $35,000 -58.8% 0.0%
    Independence Bank of Kentucky $25,000 n/a 0.0%

    Martin's top lender by overall market share is COREVEST AMERICAN FINANCE LENDER LLC, with 16.2% market share. In second place, with 5.6%, is QUICKEN LOANS, LLC, having originated $5,680,000 in loans. In third place, with 5.6%, is Simmons Bank, having originated $5,660,000 in loans. In fourth place, with 5.1%, is Mortgage Research Center, LLC, having originated $5,160,000 in loans. In fifth place, with 4.5%, is First Citizens National Bank, having originated $4,540,000 in loans.

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

    Realtor.com - Martin (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 $121,000 (-4.2%) $139,450 (-0.3%) 0.00 135
    2018-02-01 $119,600 (-7.1%) $137,446 (-3.1%) 0.00 136
    2018-03-01 $119,900 (-4.4%) $138,134 (-1.5%) 0.00 136
    2018-04-01 $119,900 (-5.4%) $135,724 (-4.1%) 0.00 137
    2018-05-01 $128,850 (1.6%) $138,890 (-1.0%) 0.00 132
    2018-06-01 $126,900 (0.2%) $141,116 (3.2%) 0.00 134
    2018-07-01 $128,025 (5.5%) $143,516 (6.8%) 0.00 131
    2018-08-01 $135,925 (8.8%) $149,135 (6.5%) 0.00 125
    2018-09-01 $139,500 (12.1%) $156,894 (11.5%) 0.00 120
    2018-10-01 $138,000 (15.3%) $154,453 (12.3%) 0.00 112
    2018-11-01 $139,925 (17.1%) $156,642 (16.3%) 0.00 111
    2018-12-01 $139,900 (25.7%) $158,480 (19.9%) 0.00 103
    2019-01-01 $137,450 (13.6%) $161,006 (15.5%) 0.00 100
    2019-02-01 $134,995 (12.9%) $158,739 (15.5%) 0.00 103
    2019-03-01 $139,583 (16.4%) $163,382 (18.3%) 0.00 91
    2019-04-01 $139,785 (16.6%) $167,088 (23.1%) 0.00 77
    2019-05-01 $145,850 (13.2%) $171,128 (23.2%) 0.00 74
    2019-06-01 $139,500 (9.9%) $160,259 (13.6%) 0.00 77
    2019-07-01 $142,250 (11.1%) $165,360 (15.2%) 0.00 71
    2019-08-01 $147,727 (8.7%) $166,116 (11.4%) 0.00 67
    2019-09-01 $151,818 (8.8%) $167,202 (6.6%) 0.00 67
    2019-10-01 $152,045 (10.2%) $166,740 (8.0%) 0.00 67
    2019-11-01 $151,250 (8.1%) $165,011 (5.3%) 0.00 69
    2019-12-01 $129,950 (-7.1%) $163,603 (3.2%) 0.00 70
    2020-01-01 $128,450 (-6.6%) $152,075 (-5.6%) 0.00 69
    2020-02-01 $124,450 (-7.8%) $147,023 (-7.4%) 0.00 64
    2020-03-01 $128,225 (-8.1%) $156,636 (-4.1%) 0.00 66
    2020-04-01 $119,900 (-14.2%) $161,817 (-3.2%) 0.00 67
    2020-05-01 $134,900 (-7.5%) $178,616 (4.4%) 0.00 53
    2020-06-01 $157,400 (12.8%) $199,034 (24.2%) 0.00 49
    2020-07-01 $139,900 (-1.7%) $195,049 (18.0%) 0.00 46
    2020-08-01 $129,999 (-12.0%) $191,011 (15.0%) 0.00 48
    2020-09-01 $122,500 (-19.3%) $199,376 (19.2%) 0.00 52
    2020-10-01 $129,900 (-14.6%) $217,455 (30.4%) 0.00 51
    2020-11-01 $134,200 (-11.3%) $219,357 (32.9%) 0.00 45
    2020-12-01 $139,450 (7.3%) $251,323 (53.6%) 0.00 34
    2021-01-01 $199,000 (54.9%) $292,773 (92.5%) 0.00 24
    2021-02-01 $209,450 (68.3%) $326,668 (122.2%) 0.00 18
    2021-03-01 $254,600 (98.6%) $333,160 (112.7%) 0.00 16
    2021-04-01 $259,700 (116.6%) $314,111 (94.1%) 0.00 19
    2021-05-01 $249,900 (85.3%) $304,528 (70.5%) 0.00 24
    2021-06-01 $225,750 (43.4%) $326,448 (64.0%) 0.00 22
    2021-07-01 $250,000 (78.7%) $326,904 (67.6%) 0.00 24
    2021-08-01 $225,000 (73.1%) $293,517 (53.7%) 0.00 37
    2021-09-01 $225,000 (83.7%) $282,864 (41.9%) 0.00 50
    2021-10-01 $227,500 (75.1%) $288,264 (32.6%) 0.00 45
    2021-11-01 $243,750 (81.6%) $308,720 (40.7%) 0.00 39
    2021-12-01 $222,500 (59.6%) $267,556 (6.5%) 0.00 35
    2022-01-01 $199,000 (0.0%) $245,629 (-16.1%) 0.00 30
    2022-02-01 $229,900 (9.8%) $370,874 (13.5%) 0.00 28
    2022-03-01 $225,000 (-11.6%) $347,143 (4.2%) 0.00 33
    2022-04-01 $257,400 (-0.9%) $450,344 (43.4%) 0.00 29
    2022-05-01 $267,000 (6.8%) $427,567 (40.4%) 0.00 32
    2022-06-01 $289,950 (28.4%) $430,720 (31.9%) 0.00 39
    2022-07-01 $299,450 (19.8%) $416,836 (27.5%) 0.00 40
    2022-08-01 $272,175 (21.0%) $390,942 (33.2%) 0.00 42
    2022-09-01 $219,625 (-2.4%) $407,136 (43.9%) 0.00 46
    2022-10-01 $209,950 (-7.7%) $378,945 (31.5%) 0.00 54
    2022-11-01 $234,725 (-3.7%) $368,742 (19.4%) 0.00 52
    2022-12-01 $240,000 (7.9%) $358,104 (33.8%) 0.00 50
    2023-01-01 $233,425 (17.3%) $238,238 (-3.0%) 0.00 48
    2023-02-01 $204,900 (-10.9%) $232,299 (-37.4%) 0.00 49
    2023-03-01 $212,450 (-5.6%) $244,178 (-29.7%) 0.00 48
    2023-04-01 $215,000 (-16.5%) $253,595 (-43.7%) 0.00 56
    2023-05-01 $220,950 (-17.3%) $262,996 (-38.5%) 0.00 51
    2023-06-01 $250,975 (-13.4%) $329,651 (-23.5%) 0.00 45
    2023-07-01 $249,900 (-16.6%) $325,012 (-22.0%) 0.00 44
    2023-08-01 $268,975 (-1.2%) $328,238 (-16.0%) 0.00 39
    2023-09-01 $268,500 (22.3%) $316,513 (-22.3%) 0.00 44
    2023-10-01 $268,625 (28.0%) $333,027 (-12.1%) 0.00 58
    2023-11-01 $269,100 (14.6%) $332,738 (-9.8%) 0.00 64
    2023-12-01 $252,000 (5.0%) $316,695 (-11.6%) 0.00 62
    2024-01-01 $266,975 (14.4%) $347,495 (45.9%) 0.00 50
    2024-02-01 $262,200 (28.0%) $336,832 (45.0%) 0.00 50
    2024-03-01 $254,950 (20.0%) $331,827 (35.9%) 0.00 56
    2024-04-01 $249,750 (16.2%) $338,838 (33.6%) 0.00 59
    2024-05-01 $249,925 (13.1%) $341,642 (29.9%) 0.00 62
    2024-06-01 $239,950 (-4.4%) $332,243 (0.8%) 0.00 70
    2024-07-01 $253,700 (1.5%) $336,888 (3.7%) 0.00 80
    2024-08-01 $275,000 (2.2%) $342,645 (4.4%) 0.00 83
    2024-09-01 $250,000 (-6.9%) $329,399 (4.1%) 0.00 84
    2024-10-01 $251,225 (-6.5%) $313,592 (-5.8%) 0.00 89
    2024-11-01 $254,900 (-5.3%) $320,345 (-3.7%) 0.00 85
    2024-12-01 $250,000 (-0.8%) $307,716 (-2.8%) 0.00 87
    2025-01-01 $249,900 (-6.4%) $290,885 (-16.3%) 0.00 82
    2025-02-01 $253,750 (-3.2%) $294,960 (-12.4%) 0.00 79
    2025-03-01 $265,000 (3.9%) $306,020 (-7.8%) 0.00 73
    Martin's median listing price for 2025-03-01 was $265,000, a difference of $10,050 (3.9%) versus the prior year and $11,250 versus the prior month.

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

    Martin's average listing price for 2025-03-01 was $306,020, a difference of $-25,807 (-7.8%) versus the prior year and $11,060 versus the prior month.

    For the 2025-03-01 period, Martin had 73 MLS listings, a difference of -6 listings (-8%) versus the prior month and 17 listings (30%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Martin (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,823 sqft
    2018-02-01 0 days 1,823 sqft
    2018-03-01 0 days 1,806 sqft
    2018-04-01 0 days 1,805 sqft
    2018-05-01 0 days 1,847 sqft
    2018-06-01 0 days 1,857 sqft
    2018-07-01 0 days 1,813 sqft
    2018-08-01 0 days 1,814 sqft
    2018-09-01 0 days 1,831 sqft
    2018-10-01 0 days 1,808 sqft
    2018-11-01 0 days 1,740 sqft
    2018-12-01 0 days 1,791 sqft
    2019-01-01 0 days 1,758 sqft
    2019-02-01 0 days 1,699 sqft
    2019-03-01 0 days 1,753 sqft
    2019-04-01 0 days 1,745 sqft
    2019-05-01 0 days 1,836 sqft
    2019-06-01 0 days 1,797 sqft
    2019-07-01 0 days 1,899 sqft
    2019-08-01 0 days 1,887 sqft
    2019-09-01 0 days 1,867 sqft
    2019-10-01 0 days 1,840 sqft
    2019-11-01 0 days 1,689 sqft
    2019-12-01 0 days 1,788 sqft
    2020-01-01 0 days 1,734 sqft
    2020-02-01 0 days 1,644 sqft
    2020-03-01 0 days 1,649 sqft
    2020-04-01 0 days 1,644 sqft
    2020-05-01 0 days 1,650 sqft
    2020-06-01 0 days 1,658 sqft
    2020-07-01 0 days 1,617 sqft
    2020-08-01 0 days 1,636 sqft
    2020-09-01 0 days 1,638 sqft
    2020-10-01 0 days 1,643 sqft
    2020-11-01 0 days 1,712 sqft
    2020-12-01 0 days 1,655 sqft
    2021-01-01 0 days 2,013 sqft
    2021-02-01 0 days 1,787 sqft
    2021-03-01 0 days 1,619 sqft
    2021-04-01 0 days 2,189 sqft
    2021-05-01 0 days 2,127 sqft
    2021-06-01 0 days 2,128 sqft
    2021-07-01 0 days 2,146 sqft
    2021-08-01 0 days 2,108 sqft
    2021-09-01 0 days 2,034 sqft
    2021-10-01 0 days 2,067 sqft
    2021-11-01 0 days 2,076 sqft
    2021-12-01 0 days 2,072 sqft
    2022-01-01 0 days 2,063 sqft
    2022-02-01 0 days 2,034 sqft
    2022-03-01 0 days 2,055 sqft
    2022-04-01 0 days 2,014 sqft
    2022-05-01 0 days 2,000 sqft
    2022-06-01 0 days 2,050 sqft
    2022-07-01 0 days 2,070 sqft
    2022-08-01 0 days 2,056 sqft
    2022-09-01 0 days 2,136 sqft
    2022-10-01 0 days 1,992 sqft
    2022-11-01 0 days 1,934 sqft
    2022-12-01 0 days 1,833 sqft
    2023-01-01 0 days 1,854 sqft
    2023-02-01 0 days 1,813 sqft
    2023-03-01 0 days 1,861 sqft
    2023-04-01 0 days 1,749 sqft
    2023-05-01 0 days 1,766 sqft
    2023-06-01 0 days 2,098 sqft
    2023-07-01 0 days 2,095 sqft
    2023-08-01 0 days 2,095 sqft
    2023-09-01 0 days 2,000 sqft
    2023-10-01 0 days 1,996 sqft
    2023-11-01 0 days 1,914 sqft
    2023-12-01 0 days 1,868 sqft
    2024-01-01 0 days 1,873 sqft
    2024-02-01 0 days 1,864 sqft
    2024-03-01 0 days 1,933 sqft
    2024-04-01 0 days 1,875 sqft
    2024-05-01 0 days 1,906 sqft
    2024-06-01 0 days 1,900 sqft
    2024-07-01 0 days 1,919 sqft
    2024-08-01 0 days 1,902 sqft
    2024-09-01 0 days 1,838 sqft
    2024-10-01 0 days 1,807 sqft
    2024-11-01 0 days 1,894 sqft
    2024-12-01 0 days 1,871 sqft
    2025-01-01 0 days 1,831 sqft
    2025-02-01 0 days 1,882 sqft
    2025-03-01 0 days 2,050 sqft
    Martin's median listing age (time on market) for 2025-03-01 was 0 days.

    Martin's median square footage for active listings during the 2025-03-01 period was 2,050 sqft. One year prior, the average listing was 1,933 sqft.

    Martin, TN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 251 $49,705,000 $198,028
    Refi 94 $31,270,000 $332,660
    Cash Out Refi 77 $14,005,000 $181,883
    Other 52 $2,470,000 $47,500
    Home Improvement 51 $3,755,000 $73,627

    Martin's most frequently cited loan purpose was Home Purchase, with 251 originations. The 2nd most popular reason was Refi, with 94 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 185 $50,905,000 $275,162
    Over 8% 109 $8,545,000 $78,394
    7-8% 86 $13,230,000 $153,837
    5-6% 42 $9,090,000 $216,429
    4-5% 5 $765,000 $153,000
    <2.5% 1 $5,000 $5,000
    3-4% 1 $245,000 $245,000

    During 2024, Martin's most frequently originated rate bucket was 6-7%, with 185 originations.

    Loan Sizing (Martin, TN MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 194 $27,420,000 $141,340
    $100,000 or less 181 $9,735,000 $53,785
    $200k-400k 128 $34,380,000 $268,594
    $400k-600k 13 $5,975,000 $459,615
    $600k-1000k 6 $4,050,000 $675,000
    $Over $1MM 3 $19,645,000 $6,548,333

    Martin's loan sizing saw the bucket of loans from $100k-200k with 194 originations, totaling $27,420,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 172 $34,990,000 $203,430
    60-80% 78 $15,030,000 $192,692
    20-40% 64 $4,370,000 $68,281
    40-60% 50 $6,930,000 $138,600
    Under 20% 49 $1,535,000 $31,327
    Over 100% 10 $18,100,000 $1,810,000

    Martin's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 172 originations, totaling $34,990,000 in origination value.