Meridian Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Meridian averaged 6.62% 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 6.84% and one month ago for the week of 2025-03-06, the average rate was 6.83%.

    Meridian's average rate one year ago was 6.92%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.72%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Meridian, MS.

    Meridian 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 Meridian, MS 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
    The Citizens National Bank of Meridian 38 6.87% $2,803
    Trustmark National Bank 18 6.51% $4,895
    QUICKEN LOANS, LLC 14 6.69% $5,748
    BankPlus 9 7.61% $2,652
    NAVY FEDERAL CREDIT UNION 7 7.07% $5,332
    Regions Bank 6 7.00% $3,161
    Community Bank of Mississippi 6 6.80% $4,134
    FIRST COMMUNITY MORTGAGE, INC. 6 6.52% $7,454
    JPMorgan Chase Bank 3 6.71% $1,097
    Wells Fargo Bank 3 6.75% $6,410
    Stifel Bank and Trust 3 6.58% $3,308
    21ST MORTGAGE CORPORATION 2 8.50% $5,929
    CU COMMUNITY, LLC 2 6.69% $5,537
    HOPE FEDERAL CREDIT UNION 2 6.38% $3,983
    Magnolia Bank 2 6.56% $4,624
    Mr. Cooper ( Nationstar Mortgage ) 2 7.31% $8,011
    Renasant Bank 2 6.56% $5,905
    ROYAL UNITED MORTGAGE LLC 2 7.00% $6,447
    U.S. Bank 2 7.81% $3,379
    ZILLOW HOME LOANS, LLC 2 6.94% $3,681
    NBKC BANK 1 6.88% $3,817
    OPEN MORTGAGE, LLC 1 6.49% $4,013
    Ixonia Bank 1 6.63% $7,374
    INTOUCH CREDIT UNION 1 5.50% $4,549
    USAA Federal Savings Bank 1 7.13% $13,763
    AMERISAVE MORTGAGE CORPORATION 1 7.63% $6,023
    DEEPHAVEN MORTGAGE LLC 1 9.88% $13,899
    BROKER SOLUTIONS, INC. 1 7.63% $6,586
    The Dart Bank 1 7.63% $3,487
    TRIAD FINANCIAL SERVICES, INC. 1 10.95% $7,505
    BancorpSouth 1 6.13% $4,930
    Mortgage Research Center, LLC 1 6.63% $852
    MOVEMENT MORTGAGE, LLC 1 6.63% $4,212
    UNITED WHOLESALE MORTGAGE, LLC 1 6.63% $7,557
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.13% $15,035
    MORTGAGE INVESTORS GROUP, INC. 1 7.63% $5,402

    Meridian Average Closing Costs & Other Stats

    Meridian, MS's 36 lenders originated 1,150 loans during 2024. The total origination value was $165,880,000, with an average loan value of $144,243.

    Meridian's average closing costs are $5,215.

    The top Meridian lender as defined by loan originations is The Citizens National Bank of Meridian, with 38 loans originated. Their average total fees are $2,803, which is $2,092 lower than the next largest lender, Trustmark National Bank.

    The lowest fee Meridian lenders (with over 10 loans originated) are The Citizens National Bank of Meridian ($2,803), Trustmark National Bank ($4,895), QUICKEN LOANS, LLC ($5,748), .

    The lowest rate Meridian lenders (with over 10 loans originated) are Trustmark National Bank (6.51%), QUICKEN LOANS, LLC (6.69%), The Citizens National Bank of Meridian (6.87%), .

    Meridian, MS 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
    Trustmark National Bank $25,275,000 $31,910,000 26.3% 19.2%
    The Citizens National Bank of Meridian $18,130,000 $18,000,000 -0.7% 10.9%
    Community Bank of Mississippi $17,510,000 $13,785,000 -21.3% 8.3%
    Mortgage Research Center, LLC $6,725,000 $11,330,000 68.5% 6.8%
    QUICKEN LOANS, LLC $6,385,000 $10,210,000 59.9% 6.2%
    BankPlus $5,905,000 $6,405,000 8.5% 3.9%
    NAVY FEDERAL CREDIT UNION $5,855,000 $5,895,000 0.7% 3.6%
    Regions Bank $5,260,000 $5,590,000 6.3% 3.4%
    21ST MORTGAGE CORPORATION $3,975,000 $4,740,000 19.2% 2.9%
    Great Southern Bank $65,000 $4,630,000 7,023.1% 2.8%
    TRIAD FINANCIAL SERVICES, INC. $2,205,000 $3,890,000 76.4% 2.3%
    UNITED WHOLESALE MORTGAGE, LLC $700,000 $3,145,000 349.3% 1.9%
    FIRST COMMUNITY MORTGAGE, INC. $1,025,000 $2,995,000 192.2% 1.8%
    The Citizens Bank of Philadelphia, Mississippi $1,055,000 $2,755,000 161.1% 1.7%
    Renasant Bank $4,005,000 $2,420,000 -39.6% 1.5%
    BancorpSouth $675,000 $1,925,000 185.2% 1.2%
    KEESLER $2,005,000 $1,650,000 -17.7% 1.0%
    NBKC BANK $950,000 $1,300,000 36.8% 0.8%
    SOUTHWEST STAGE FUNDING, LLC $1,325,000 $1,215,000 -8.3% 0.7%
    NEW DAY FINANCIAL, LLC $805,000 $1,145,000 42.2% 0.7%
    PENNYMAC LOAN SERVICES, LLC $585,000 $1,125,000 92.3% 0.7%
    Barrington Bank & Trust Company, N.A. $995,000 $1,080,000 8.5% 0.7%
    Stifel Bank and Trust $745,000 $1,045,000 40.3% 0.6%
    BROKER SOLUTIONS, INC. $530,000 $1,005,000 89.6% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $1,160,000 $970,000 -16.4% 0.6%
    VILLAGE CAPITAL MORTGAGE $970,000 n/a 0.6%
    STOCKTON MORTGAGE CORPORATION $345,000 $930,000 169.6% 0.6%
    CSL Financial, LLC $500,000 $900,000 80.0% 0.5%
    FREEDOM MORTGAGE CORPORATION $835,000 $870,000 4.2% 0.5%
    USAA Federal Savings Bank $840,000 $870,000 3.6% 0.5%
    Guaranty Bank and Trust Company $805,000 n/a 0.5%
    Wells Fargo Bank $460,000 $790,000 71.7% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $1,710,000 $725,000 -57.6% 0.4%
    MORTGAGE INVESTORS GROUP, INC. $2,110,000 $710,000 -66.4% 0.4%
    FIRST COLONY MORTGAGE CORPORATION $265,000 $700,000 164.2% 0.4%
    GUARANTEED RATE, INC. $175,000 $695,000 297.1% 0.4%
    PLANET HOME LENDING, LLC $670,000 n/a 0.4%
    JPMorgan Chase Bank $525,000 $660,000 25.7% 0.4%
    GMFS LLC $650,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $855,000 $555,000 -35.1% 0.3%
    Magnolia Bank $505,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $505,000 n/a 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 $500,000 132.6% 0.3%
    Paramount Residential Mortgage Group, Inc. $460,000 n/a 0.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $400,000 $455,000 13.8% 0.3%
    U.S. Bank $450,000 n/a 0.3%
    FirstBank $320,000 $410,000 28.1% 0.2%
    NORWICH COMMERCIAL GROUP, INC. $405,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $125,000 $400,000 220.0% 0.2%
    NEWREZ LLC $400,000 $400,000 0.0% 0.2%
    BankFirst Financial Services $1,090,000 $385,000 -64.7% 0.2%
    CARDINAL FINANCIAL $230,000 $375,000 63.0% 0.2%
    Paramount Bank $365,000 n/a 0.2%
    DEEPHAVEN MORTGAGE LLC $355,000 n/a 0.2%
    Mid-Continent Funding, Inc. $320,000 $350,000 9.4% 0.2%
    PriorityOne Bank $350,000 n/a 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $345,000 n/a 0.2%
    CALCON MUTUAL MORTGAGE LLC $340,000 n/a 0.2%
    Equity Prime Mortgage LLC $330,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $765,000 $320,000 -58.2% 0.2%
    Cornerstone First Mortgage, Inc $305,000 n/a 0.2%
    CU COMMUNITY, LLC $55,000 $290,000 427.3% 0.2%
    CHURCHILL MORTGAGE CORPORATION $220,000 $265,000 20.5% 0.2%
    HOPE FEDERAL CREDIT UNION $115,000 $265,000 130.4% 0.2%
    Flagstar Bank, FSB $85,000 $255,000 200.0% 0.2%
    The Dart Bank $255,000 n/a 0.2%
    The First, A National Banking Association $100,000 $255,000 155.0% 0.2%
    TOWNE MORTGAGE COMPANY $985,000 $250,000 -74.6% 0.2%
    AmeriHome Mortgage Company, LLC $245,000 n/a 0.1%
    Ixonia Bank $245,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $480,000 $240,000 -50.0% 0.1%
    Carrington Mortgage Services, LLC $235,000 n/a 0.1%
    Origin Bank $225,000 n/a 0.1%
    Figure Lending LLC $220,000 n/a 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $235,000 $190,000 -19.1% 0.1%
    UMB Bank $185,000 n/a 0.1%
    Discover Bank $190,000 $180,000 -5.3% 0.1%
    T2 FINANCIAL LLC $180,000 n/a 0.1%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $175,000 n/a 0.1%
    Nations Lending Corporation $175,000 n/a 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $150,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $140,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $105,000 $135,000 28.6% 0.1%
    Hancock Whitney Bank $125,000 n/a 0.1%
    Magnolia State Bank $105,000 n/a 0.1%
    TEMPLE VIEW CAPITAL FUNDING, LP $105,000 n/a 0.1%
    CIS Financial Services, Inc. $1,245,000 $95,000 -92.4% 0.1%
    INTOUCH CREDIT UNION $95,000 n/a 0.1%
    LIMA ONE CAPITAL, LLC $85,000 n/a 0.1%
    SUNBELT Federal Credit Union $25,000 $85,000 240.0% 0.1%
    LOANDEPOT.COM, LLC $785,000 $75,000 -90.4% 0.0%
    Bank of America $370,000 $65,000 -82.4% 0.0%
    The Bank of Forest $55,000 $65,000 18.2% 0.0%
    LAND HOME FINANCIAL SERVICES, INC. $55,000 n/a 0.0%
    OPEN MORTGAGE, LLC $275,000 $55,000 -80.0% 0.0%
    PLAZA HOME MORTGAGE, INC. $45,000 n/a 0.0%
    Coastal Community Bank $160,000 $40,000 -75.0% 0.0%
    AMERICAN INTERNET MORTGAGE, INC. $35,000 n/a 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $25,000 n/a 0.0%

    Meridian's top lender by overall market share is Trustmark National Bank, with 19.2% market share. In second place, with 10.9%, is The Citizens National Bank of Meridian, having originated $18,000,000 in loans. In third place, with 8.3%, is Community Bank of Mississippi, having originated $13,785,000 in loans. In fourth place, with 6.8%, is Mortgage Research Center, LLC, having originated $11,330,000 in loans. In fifth place, with 6.2%, is QUICKEN LOANS, LLC, having originated $10,210,000 in loans.

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

    Realtor.com - Meridian (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 $138,900 (5.7%) $189,228 (9.0%) 0.00 406
    2018-02-01 $135,500 (9.3%) $184,958 (7.7%) 0.00 403
    2018-03-01 $137,000 (5.6%) $183,050 (4.4%) 0.00 391
    2018-04-01 $144,750 (4.9%) $192,031 (2.2%) 0.00 375
    2018-05-01 $149,000 (10.4%) $197,166 (3.0%) 0.00 374
    2018-06-01 $146,000 (5.7%) $196,166 (1.3%) 0.00 388
    2018-07-01 $149,000 (2.8%) $193,693 (-0.1%) 0.00 399
    2018-08-01 $155,000 (5.2%) $192,548 (-1.6%) 0.00 391
    2018-09-01 $155,000 (5.1%) $196,520 (-0.6%) 0.00 391
    2018-10-01 $145,750 (-2.6%) $188,281 (-3.5%) 0.00 398
    2018-11-01 $152,500 (2.7%) $183,026 (-5.9%) 0.00 375
    2018-12-01 $149,000 (5.7%) $177,951 (-7.5%) 0.00 361
    2019-01-01 $148,125 (6.6%) $178,767 (-5.5%) 0.00 350
    2019-02-01 $149,925 (10.7%) $178,307 (-3.6%) 0.00 353
    2019-03-01 $149,000 (8.8%) $179,242 (-2.1%) 0.00 355
    2019-04-01 $149,000 (2.9%) $182,516 (-5.0%) 0.00 350
    2019-05-01 $145,950 (-2.1%) $189,349 (-4.0%) 0.00 343
    2019-06-01 $155,000 (6.2%) $197,298 (0.6%) 0.00 356
    2019-07-01 $157,825 (5.9%) $197,978 (2.2%) 0.00 356
    2019-08-01 $153,782 (-0.8%) $194,529 (1.0%) 0.00 343
    2019-09-01 $146,030 (-5.8%) $190,182 (-3.2%) 0.00 326
    2019-10-01 $139,950 (-4.0%) $187,365 (-0.5%) 0.00 313
    2019-11-01 $139,900 (-8.3%) $193,732 (5.9%) 0.00 288
    2019-12-01 $139,900 (-6.1%) $191,764 (7.8%) 0.00 280
    2020-01-01 $135,250 (-8.7%) $192,230 (7.5%) 0.00 272
    2020-02-01 $132,200 (-11.8%) $193,375 (8.5%) 0.00 274
    2020-03-01 $132,350 (-11.2%) $189,808 (5.9%) 0.00 275
    2020-04-01 $140,700 (-5.6%) $203,325 (11.4%) 0.00 263
    2020-05-01 $139,000 (-4.8%) $191,006 (0.9%) 0.00 241
    2020-06-01 $131,125 (-15.4%) $190,420 (-3.5%) 0.00 212
    2020-07-01 $129,375 (-18.0%) $186,483 (-5.8%) 0.00 195
    2020-08-01 $139,450 (-9.3%) $190,881 (-1.9%) 0.00 184
    2020-09-01 $146,175 (0.1%) $187,410 (-1.5%) 0.00 181
    2020-10-01 $155,250 (10.9%) $198,764 (6.1%) 0.00 184
    2020-11-01 $165,475 (18.3%) $199,057 (2.8%) 0.00 183
    2020-12-01 $149,950 (7.2%) $191,841 (0.0%) 0.00 186
    2021-01-01 $176,500 (30.5%) $199,601 (3.8%) 0.00 162
    2021-02-01 $172,450 (30.5%) $199,180 (3.0%) 0.00 128
    2021-03-01 $166,225 (25.6%) $191,455 (0.9%) 0.00 113
    2021-04-01 $161,750 (15.0%) $198,310 (-2.5%) 0.00 108
    2021-05-01 $162,500 (16.9%) $207,487 (8.6%) 0.00 101
    2021-06-01 $161,875 (23.5%) $219,644 (15.4%) 0.00 99
    2021-07-01 $165,000 (27.5%) $215,448 (15.5%) 0.00 95
    2021-08-01 $159,475 (14.4%) $209,279 (9.6%) 0.00 107
    2021-09-01 $152,200 (4.1%) $216,873 (15.7%) 0.00 103
    2021-10-01 $150,950 (-2.8%) $211,350 (6.3%) 0.00 109
    2021-11-01 $159,950 (-3.3%) $244,802 (23.0%) 0.00 106
    2021-12-01 $148,950 (-0.7%) $238,686 (24.4%) 0.00 99
    2022-01-01 $136,500 (-22.7%) $239,410 (19.9%) 0.00 89
    2022-02-01 $150,925 (-12.5%) $247,378 (24.2%) 0.00 81
    2022-03-01 $165,000 (-0.7%) $263,228 (37.5%) 0.00 79
    2022-04-01 $160,950 (-0.5%) $253,479 (27.8%) 0.00 67
    2022-05-01 $189,900 (16.9%) $276,582 (33.3%) 0.00 74
    2022-06-01 $185,750 (14.8%) $277,857 (26.5%) 0.00 83
    2022-07-01 $165,000 (0.0%) $237,654 (10.3%) 0.00 105
    2022-08-01 $174,425 (9.4%) $242,231 (15.8%) 0.00 112
    2022-09-01 $173,700 (14.1%) $242,187 (11.7%) 0.00 105
    2022-10-01 $159,500 (5.7%) $213,191 (0.9%) 0.00 111
    2022-11-01 $162,000 (1.3%) $217,299 (-11.2%) 0.00 121
    2022-12-01 $144,000 (-3.3%) $200,894 (-15.8%) 0.00 116
    2023-01-01 $157,000 (15.0%) $222,991 (-6.9%) 0.00 111
    2023-02-01 $147,225 (-2.5%) $234,909 (-5.0%) 0.00 109
    2023-03-01 $141,250 (-14.4%) $249,186 (-5.3%) 0.00 85
    2023-04-01 $179,500 (11.5%) $253,605 (0.1%) 0.00 91
    2023-05-01 $192,700 (1.5%) $262,043 (-5.3%) 0.00 89
    2023-06-01 $194,725 (4.8%) $252,156 (-9.3%) 0.00 92
    2023-07-01 $213,750 (29.6%) $255,689 (7.6%) 0.00 116
    2023-08-01 $230,275 (32.0%) $254,070 (4.9%) 0.00 124
    2023-09-01 $192,500 (10.8%) $241,962 (-0.1%) 0.00 118
    2023-10-01 $210,000 (31.7%) $247,764 (16.2%) 0.00 125
    2023-11-01 $191,200 (18.0%) $238,784 (9.9%) 0.00 131
    2023-12-01 $187,250 (30.0%) $237,449 (18.2%) 0.00 141
    2024-01-01 $171,750 (9.4%) $223,685 (0.3%) 0.00 149
    2024-02-01 $167,450 (13.7%) $212,791 (-9.4%) 0.00 135
    2024-03-01 $172,500 (22.1%) $214,156 (-14.1%) 0.00 142
    2024-04-01 $176,000 (-2.0%) $229,826 (-9.4%) 0.00 136
    2024-05-01 $191,100 (-0.8%) $243,518 (-7.1%) 0.00 124
    2024-06-01 $179,950 (-7.6%) $237,013 (-6.0%) 0.00 128
    2024-07-01 $177,675 (-16.9%) $237,385 (-7.2%) 0.00 133
    2024-08-01 $184,500 (-19.9%) $267,207 (5.2%) 0.00 128
    2024-09-01 $197,400 (2.6%) $273,567 (13.1%) 0.00 138
    2024-10-01 $206,750 (-1.6%) $275,116 (11.0%) 0.00 148
    2024-11-01 $179,500 (-6.1%) $255,242 (6.9%) 0.00 166
    2024-12-01 $164,250 (-12.3%) $241,540 (1.7%) 0.00 146
    2025-01-01 $159,450 (-7.2%) $247,167 (10.5%) 0.00 129
    2025-02-01 $164,250 (-1.9%) $241,817 (13.6%) 0.00 127
    2025-03-01 $167,750 (-2.8%) $238,533 (11.4%) 0.00 119
    Meridian's median listing price for 2025-03-01 was $167,750, a difference of $-4,750 (-2.8%) versus the prior year and $3,500 versus the prior month.

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

    Meridian's average listing price for 2025-03-01 was $238,533, a difference of $24,377 (11.4%) versus the prior year and $-3,284 versus the prior month.

    For the 2025-03-01 period, Meridian had 119 MLS listings, a difference of -8 listings (-6%) versus the prior month and -23 listings (-16%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Meridian (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,953 sqft
    2018-02-01 0 days 1,944 sqft
    2018-03-01 0 days 1,944 sqft
    2018-04-01 0 days 1,960 sqft
    2018-05-01 0 days 1,979 sqft
    2018-06-01 0 days 1,997 sqft
    2018-07-01 0 days 1,978 sqft
    2018-08-01 0 days 1,975 sqft
    2018-09-01 0 days 1,957 sqft
    2018-10-01 0 days 1,944 sqft
    2018-11-01 0 days 1,934 sqft
    2018-12-01 0 days 1,913 sqft
    2019-01-01 0 days 1,914 sqft
    2019-02-01 0 days 1,914 sqft
    2019-03-01 0 days 1,939 sqft
    2019-04-01 0 days 1,971 sqft
    2019-05-01 0 days 1,981 sqft
    2019-06-01 0 days 2,039 sqft
    2019-07-01 0 days 1,987 sqft
    2019-08-01 0 days 1,965 sqft
    2019-09-01 0 days 1,969 sqft
    2019-10-01 0 days 1,971 sqft
    2019-11-01 0 days 1,989 sqft
    2019-12-01 0 days 1,963 sqft
    2020-01-01 0 days 1,942 sqft
    2020-02-01 0 days 1,910 sqft
    2020-03-01 0 days 1,950 sqft
    2020-04-01 0 days 1,981 sqft
    2020-05-01 0 days 1,966 sqft
    2020-06-01 0 days 1,951 sqft
    2020-07-01 0 days 1,945 sqft
    2020-08-01 0 days 1,950 sqft
    2020-09-01 0 days 1,940 sqft
    2020-10-01 0 days 1,946 sqft
    2020-11-01 0 days 1,951 sqft
    2020-12-01 0 days 1,941 sqft
    2021-01-01 0 days 2,000 sqft
    2021-02-01 0 days 2,065 sqft
    2021-03-01 0 days 2,010 sqft
    2021-04-01 0 days 2,024 sqft
    2021-05-01 0 days 2,059 sqft
    2021-06-01 0 days 2,087 sqft
    2021-07-01 0 days 2,013 sqft
    2021-08-01 0 days 2,010 sqft
    2021-09-01 0 days 1,958 sqft
    2021-10-01 0 days 1,905 sqft
    2021-11-01 0 days 1,940 sqft
    2021-12-01 0 days 1,900 sqft
    2022-01-01 0 days 1,942 sqft
    2022-02-01 0 days 1,928 sqft
    2022-03-01 0 days 2,000 sqft
    2022-04-01 0 days 1,937 sqft
    2022-05-01 0 days 1,959 sqft
    2022-06-01 0 days 1,948 sqft
    2022-07-01 0 days 1,902 sqft
    2022-08-01 0 days 1,948 sqft
    2022-09-01 0 days 1,977 sqft
    2022-10-01 0 days 1,966 sqft
    2022-11-01 0 days 1,925 sqft
    2022-12-01 0 days 1,728 sqft
    2023-01-01 0 days 1,784 sqft
    2023-02-01 0 days 1,883 sqft
    2023-03-01 0 days 1,838 sqft
    2023-04-01 0 days 2,023 sqft
    2023-05-01 0 days 2,285 sqft
    2023-06-01 0 days 2,039 sqft
    2023-07-01 0 days 2,177 sqft
    2023-08-01 0 days 2,231 sqft
    2023-09-01 0 days 2,165 sqft
    2023-10-01 0 days 2,143 sqft
    2023-11-01 0 days 2,112 sqft
    2023-12-01 0 days 2,016 sqft
    2024-01-01 0 days 1,994 sqft
    2024-02-01 0 days 1,949 sqft
    2024-03-01 0 days 1,934 sqft
    2024-04-01 0 days 1,952 sqft
    2024-05-01 0 days 1,999 sqft
    2024-06-01 0 days 1,976 sqft
    2024-07-01 0 days 1,935 sqft
    2024-08-01 0 days 1,955 sqft
    2024-09-01 0 days 1,989 sqft
    2024-10-01 0 days 2,050 sqft
    2024-11-01 0 days 1,979 sqft
    2024-12-01 0 days 1,982 sqft
    2025-01-01 0 days 2,027 sqft
    2025-02-01 0 days 1,991 sqft
    2025-03-01 0 days 1,891 sqft
    Meridian's median listing age (time on market) for 2025-03-01 was 0 days.

    Meridian's median square footage for active listings during the 2025-03-01 period was 1,891 sqft. One year prior, the average listing was 1,934 sqft.

    Meridian, MS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 713 $118,485,000 $166,178
    Refi 201 $25,005,000 $124,403
    Other 102 $7,550,000 $74,020
    Home Improvement 71 $4,085,000 $57,535
    Cash Out Refi 63 $10,755,000 $170,714

    Meridian's most frequently cited loan purpose was Home Purchase, with 713 originations. The 2nd most popular reason was Refi, with 201 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 398 $78,890,000 $198,216
    Over 8% 293 $24,475,000 $83,532
    7-8% 169 $23,445,000 $138,728
    5-6% 132 $27,270,000 $206,591
    <2.5% 68 $770,000 $11,324
    4-5% 22 $2,370,000 $107,727
    2.5-3% 1 $295,000 $295,000

    During 2024, Meridian's most frequently originated rate bucket was 6-7%, with 398 originations.

    Loan Sizing (Meridian, MS MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 516 $25,940,000 $50,271
    $100k-200k 353 $51,735,000 $146,558
    $200k-400k 242 $65,630,000 $271,198
    $400k-600k 24 $11,640,000 $485,000
    $600k-1000k 15 $10,935,000 $729,000

    Meridian's loan sizing saw the bucket of loans from $100,000 or less with 516 originations, totaling $25,940,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 537 $101,055,000 $188,184
    60-80% 168 $24,950,000 $148,512
    Under 20% 147 $3,405,000 $23,163
    40-60% 83 $8,465,000 $101,988
    20-40% 82 $5,710,000 $69,634
    Over 100% 32 $8,240,000 $257,500

    Meridian's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 537 originations, totaling $101,055,000 in origination value.