Mount Pleasant Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Mount Pleasant averaged 6.61% for the week of 2024-02-29, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-02-22) was 6.57% and one month ago for the week of 2024-01-25, the average rate was 6.46%.

Mount Pleasant's average rate one year ago was 6.3%.

For refis of the same type during the week of 2024-02-29, the average rate was 7.54%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-29 6.94%
Mount Pleasant 30 Year Fixed Rate 2024-02-29 6.61%
Mount Pleasant 30 Year Fixed Rate Refi 2024-02-29 7.54%
Mount Pleasant 15 Year Fixed Rate 2024-02-29 6.06%
Mount Pleasant 15 Year Fixed Rate Refi 2024-02-29 6.76%
Mount Pleasant 30 Year FHA 2024-02-29 6.64%
Mount Pleasant 30 Year FHA Refi 2024-02-29 6.49%
Mount Pleasant 30 Year USDA 2024-02-29 6.83%
Mount Pleasant 30 Year USDA Refi 2024-02-29 6.73%
Mount Pleasant 30 Year VA 2024-02-29 6.32%
Mount Pleasant 30 Year VA Refi 2024-02-29 6.52%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Mount Pleasant, TX.

Mount Pleasant 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 Mount Pleasant, 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.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
QUICKEN LOANS, LLC 24 5.50% $6,701
Guaranty Bank & Trust, N.A. 20 4.64% $5,322
The City National Bank of Sulphur Springs 11 5.34% $2,993
DRAPER AND KRAMER MORTGAGE CORP. 11 4.91% $8,488
VeraBank 9 5.33% $3,441
Nations Lending Corporation 9 4.53% $5,545
SOUTHWEST FUNDING, LP 9 4.94% $7,997
LOANDEPOT.COM, LLC 9 4.62% $7,040
Gateway First Bank 5 5.53% $7,126
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 4.87% $5,844
Wells Fargo Bank 5 4.55% $7,428
UNITED WHOLESALE MORTGAGE, LLC 5 5.20% $7,863
GUARANTEED RATE, INC. 4 5.00% $8,162
MORTGAGE FINANCIAL SERVICES, LLC 4 6.09% $5,332
First United Bank and Trust Company 4 4.98% $5,166
GUILD MORTGAGE COMPANY 4 5.22% $8,274
CARDINAL FINANCIAL 3 5.29% $9,716
HOME POINT FINANCIAL CORPORATION 3 3.17% $6,845
PLAZA HOME MORTGAGE, INC. 3 4.29% $9,865
PENNYMAC LOAN SERVICES, LLC 3 4.46% $2,974
BETTER MORTGAGE CORPORATION 3 3.17% $5,377
NEWREZ LLC 2 4.75% $5,734
Citizens Bank 2 5.19% $8,229
CMG MORTGAGE, INC. 2 3.62% $5,098
CROSSCOUNTRY MORTGAGE, LLC 2 5.31% $4,522
EASTMAN 2 5.06% $6,110
Flagstar Bank, FSB 2 4.94% $4,184
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 6.69% $4,762
JPMorgan Chase Bank 2 4.31% $2,380
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 5.13% $13,739
T2 FINANCIAL LLC 2 5.37% $7,512
Town Square Mortgage & Investments, Inc. 2 5.93% $12,271
FREEDOM MORTGAGE CORPORATION 1 4.25% $6,137
Farm Credit Mid-America, ACA 1 6.15% $8,836
EVERETT FINANCIAL, INC. 1 4.13% $3,058
EAST TEXAS PROFESSIONAL Credit Union 1 4.50% $4,817
Discover Bank 1 4.25% $0
U.S. Bank 1 4.38% $3,542
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.25% $11,047
DAS Acquisition Company, LLC 1 5.38% $6,937
HOMESIDE FINANCIAL, LLC 1 3.75% $5,087
INTEGRITY MORTGAGE CORPORATION OF TEXAS 1 7.13% $20,414
Ixonia Bank 1 6.13% $7,429
Amerifirst Financial, Inc. 1 4.13% $4,200
Commercial Bank of Texas 1 2.75% $30,342
LOANPAL, LLC 1 5.38% $13,163
MID AMERICA MORTGAGE, INC. 1 4.00% $6,514
MORTGAGE ACCESS CORP. 1 6.13% $5,790
Colonial Savings, F.A. 1 5.38% $5,333
Mr. Cooper ( Nationstar Mortgage ) 1 4.99% $11,495
MUTUAL OF OMAHA MORTGAGE, INC. 1 5.75% $7,347
City Bank 1 3.88% $6,877
Neighborhood Loans, Inc. 1 5.25% $4,873
21ST MORTGAGE CORPORATION 1 5.50% $7,569
NexBank 1 6.25% $9,425
CALIBER HOME LOANS, INC. 1 3.75% $6,737
Plains Commerce Bank 1 3.50% $7,694
BROKER SOLUTIONS, INC. 1 4.88% $8,856
PNC Bank 1 4.50% $8,167
VILLAGE CAPITAL MORTGAGE 1 3.75% $2,574
Prosperity Home Mortgage, LLC 1 6.38% $6,441
PROVIDENT FUNDING ASSOCIATES, L.P. 1 5.38% $4,029
Bank of America 1 4.75% $8,874
Regions Bank 1 3.13% $6,332
ROYAL UNITED MORTGAGE LLC 1 5.50% $9,043
SFMC, LP 1 5.99% $11,276
Sierra Pacific Mortgage Company, Inc. 1 3.88% $3,026
Simmons Bank 1 4.00% $4,173
BancorpSouth 1 4.50% $7,457
Sunflower Bank 1 5.38% $5,727
SWBC MORTGAGE CORPORATION 1 5.88% $4,351
V.I.P. MORTGAGE, INC. 1 3.38% $4,766
TEXANS 1 3.25% $4,317
TEXAS TECH 1 3.75% $5,300
The American National Bank of Texas 1 5.88% $6,221
The Central Trust Bank 1 3.63% $6,028
ASPIRE FINANCIAL, INC. 1 5.50% $5,204
The Federal Savings Bank 1 6.00% $10,528
The Home Loan Expert LLC 1 5.88% $4,867
ALTRA 1 4.75% $2,545
United Community Bank 1 7.69% $3,431
Fidelity Bank 1 7.00% $4,477
FIRST CENTENNIAL MORTGAGE CORPORATION 1 6.13% $5,621
First Guaranty Mortgage Corporation 1 3.75% $5,504
First National Bank Texas 1 4.75% $5,257
Farmers Bank & Trust Company 1 2.99% $4,480
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.25% $3,679

Mount Pleasant Average Closing Costs & Other Stats

Mount Pleasant, TX's 87 lenders originated 771 loans during 2022. The total origination value was $172,595,000, with an average loan value of $223,859.

Mount Pleasant's average closing costs are $6,162.

The top Mount Pleasant lender as defined by loan originations is QUICKEN LOANS, LLC, with 24 loans originated. Their average total fees are $6,701, which is $1,379 higher than the next largest lender, Guaranty Bank & Trust, N.A..

The lowest fee Mount Pleasant lenders (with over 10 loans originated) are The City National Bank of Sulphur Springs ($2,993), Guaranty Bank & Trust, N.A. ($5,322), QUICKEN LOANS, LLC ($6,701), DRAPER AND KRAMER MORTGAGE CORP. ($8,488) and .

The lowest rate Mount Pleasant lenders (with over 10 loans originated) are Guaranty Bank & Trust, N.A. (4.64%), DRAPER AND KRAMER MORTGAGE CORP. (4.91%), The City National Bank of Sulphur Springs (5.34%), QUICKEN LOANS, LLC (5.50%) and .

Mount Pleasant, 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
Guaranty Bank & Trust, N.A. $24,015,000 $23,135,000 -3.7% 13.4%
Pilgrim Bank $12,710,000 n/a 7.4%
DRAPER AND KRAMER MORTGAGE CORP. $4,975,000 $11,325,000 127.6% 6.6%
Cypress Bank, SSB $11,725,000 $10,460,000 -10.8% 6.1%
QUICKEN LOANS, LLC $15,190,000 $6,550,000 -56.9% 3.8%
Nations Lending Corporation $9,650,000 $5,585,000 -42.1% 3.2%
SOUTHWEST FUNDING, LP $7,785,000 $5,250,000 -32.6% 3.0%
AMPLIFY $245,000 $4,870,000 1,887.8% 2.8%
The City National Bank of Sulphur Springs $4,080,000 $3,780,000 -7.4% 2.2%
Simmons Bank $3,090,000 n/a 1.8%
UNITED WHOLESALE MORTGAGE, LLC $2,660,000 $2,835,000 6.6% 1.6%
Mortgage Research Center, LLC $3,060,000 $2,805,000 -8.3% 1.6%
LOANDEPOT.COM, LLC $2,640,000 $2,765,000 4.7% 1.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,995,000 $2,745,000 -31.3% 1.6%
VeraBank $2,360,000 $2,615,000 10.8% 1.5%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,585,000 $2,395,000 -33.2% 1.4%
PENNYMAC LOAN SERVICES, LLC $3,270,000 $2,385,000 -27.1% 1.4%
21ST MORTGAGE CORPORATION $1,400,000 $1,890,000 35.0% 1.1%
Wells Fargo Bank $2,040,000 $1,855,000 -9.1% 1.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,190,000 $1,690,000 42.0% 1.0%
MORTGAGE FINANCIAL SERVICES, LLC $1,430,000 $1,685,000 17.8% 1.0%
Paramount Residential Mortgage Group, Inc. $1,860,000 $1,640,000 -11.8% 1.0%
First United Bank and Trust Company $1,465,000 n/a 0.8%
GUILD MORTGAGE COMPANY $1,205,000 $1,465,000 21.6% 0.8%
TRIAD FINANCIAL SERVICES, INC. $500,000 $1,360,000 172.0% 0.8%
HOME POINT FINANCIAL CORPORATION $1,310,000 $1,305,000 -0.4% 0.8%
GUARANTEED RATE, INC. $630,000 $1,295,000 105.6% 0.8%
T2 FINANCIAL LLC $155,000 $1,280,000 725.8% 0.7%
Gateway First Bank $1,810,000 $1,215,000 -32.9% 0.7%
EASTMAN $1,465,000 $1,180,000 -19.5% 0.7%
PLAZA HOME MORTGAGE, INC. $1,595,000 $1,165,000 -27.0% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $1,300,000 $1,160,000 -10.8% 0.7%
First National Bank of East Texas $2,570,000 $1,005,000 -60.9% 0.6%
RANDOLPH-BROOKS $1,000,000 n/a 0.6%
EAST TEXAS PROFESSIONAL Credit Union $135,000 $980,000 625.9% 0.6%
CMG MORTGAGE, INC. $375,000 $935,000 149.3% 0.5%
FREEDOM MORTGAGE CORPORATION $2,290,000 $920,000 -59.8% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $1,600,000 $880,000 -45.0% 0.5%
BETTER MORTGAGE CORPORATION $165,000 $855,000 418.2% 0.5%
CALIBER HOME LOANS, INC. $1,785,000 $840,000 -52.9% 0.5%
North East Texas Credit Union $1,810,000 $795,000 -56.1% 0.5%
OPEN MORTGAGE, LLC $790,000 n/a 0.5%
First Guaranty Mortgage Corporation $460,000 $760,000 65.2% 0.4%
Flagstar Bank, FSB $155,000 $755,000 387.1% 0.4%
HOMEBRIDGE FINANCIAL SERVICES, INC. $630,000 $735,000 16.7% 0.4%
Bank of America $1,600,000 $725,000 -54.7% 0.4%
PNC Bank $725,000 n/a 0.4%
EMBRACE HOME LOANS, INC. $715,000 n/a 0.4%
Commercial Bank of Texas $705,000 n/a 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $670,000 $675,000 0.7% 0.4%
NEWREZ LLC $905,000 $655,000 -27.6% 0.4%
The Central Trust Bank $645,000 n/a 0.4%
BancorpSouth Bank $455,000 $635,000 39.6% 0.4%
AMERICAN PACIFIC MORTGAGE CORPORATION $500,000 $625,000 25.0% 0.4%
SECURITY SERVICE $625,000 n/a 0.4%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $730,000 $620,000 -15.1% 0.4%
Prosperity Home Mortgage, LLC $165,000 $610,000 269.7% 0.4%
Regions Bank $415,000 $605,000 45.8% 0.4%
Citizens Bank $600,000 n/a 0.3%
TEXAS TECH $600,000 n/a 0.3%
EVERETT FINANCIAL, INC. $640,000 $590,000 -7.8% 0.3%
USAA Federal Savings Bank $880,000 $590,000 -33.0% 0.3%
NexBank $65,000 $560,000 761.5% 0.3%
City Bank $545,000 n/a 0.3%
Texas Bank and Trust Company $35,000 $545,000 1,457.1% 0.3%
Ixonia Bank $530,000 n/a 0.3%
BOM Bank $505,000 n/a 0.3%
LOANPAL, LLC $285,000 $480,000 68.4% 0.3%
Credit Union of Texas $370,000 $475,000 28.4% 0.3%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $545,000 $470,000 -13.8% 0.3%
Town Square Mortgage & Investments, Inc. $460,000 n/a 0.3%
Plains Commerce Bank $455,000 n/a 0.3%
SUN WEST MORTGAGE COMPANY, INC. $335,000 $455,000 35.8% 0.3%
Alliance Bank $1,635,000 $450,000 -72.5% 0.3%
The Federal Savings Bank $445,000 n/a 0.3%
Spring Hill State Bank $405,000 n/a 0.2%
UNITED BUILT HOMES, L.L.C. $715,000 $395,000 -44.8% 0.2%
MORTGAGE ACCESS CORP. $385,000 n/a 0.2%
MID AMERICA MORTGAGE, INC. $785,000 $380,000 -51.6% 0.2%
First Financial Bank $325,000 $375,000 15.4% 0.2%
GSF Mortgage Corporation $285,000 $365,000 28.1% 0.2%
Veritex Community Bank $865,000 $365,000 -57.8% 0.2%
Century Mortgage Company DBA Century Lending Company $355,000 n/a 0.2%
LAKEVIEW LOAN SERVICING, LLC $1,200,000 $350,000 -70.8% 0.2%
Colonial Savings, F.A. $225,000 $345,000 53.3% 0.2%
JPMorgan Chase Bank $1,305,000 $340,000 -73.9% 0.2%
Fidelity Bank $335,000 n/a 0.2%
INTEGRITY MORTGAGE CORPORATION OF TEXAS $335,000 $325,000 -3.0% 0.2%
Sunflower Bank $705,000 $315,000 -55.3% 0.2%
Texas Bank $315,000 n/a 0.2%
Mid-Continent Funding, Inc. $305,000 n/a 0.2%
Neighborhood Loans, Inc. $305,000 n/a 0.2%
Farmers Bank & Trust Company $740,000 $295,000 -60.1% 0.2%
Farm Credit Mid-America, ACA $1,495,000 $285,000 -80.9% 0.2%
HOMEOWNERS FINANCIAL GROUP USA, LLC $285,000 n/a 0.2%
LENDINGHOME FUNDING CORPORATION $285,000 n/a 0.2%
BAY EQUITY LLC $265,000 $275,000 3.8% 0.2%
First National Bank Texas $275,000 n/a 0.2%
Sierra Pacific Mortgage Company, Inc. $275,000 n/a 0.2%
SOUTHWEST STAGE FUNDING, LLC $295,000 $260,000 -11.9% 0.2%
FirstBank $240,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $545,000 $235,000 -56.9% 0.1%
Ally Bank $225,000 n/a 0.1%
Texana Bank $225,000 n/a 0.1%
The Home Loan Expert LLC $225,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $270,000 $220,000 -18.5% 0.1%
Mineola Community Bank, S.S.B. $280,000 $215,000 -23.2% 0.1%
SFMC, LP $1,205,000 $215,000 -82.2% 0.1%
Truist $210,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $205,000 n/a 0.1%
LONGBRIDGE FINANCIAL, LLC $205,000 n/a 0.1%
NBKC BANK $195,000 n/a 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $195,000 n/a 0.1%
U.S. Bank $75,000 $195,000 160.0% 0.1%
Amerifirst Financial, Inc. $340,000 $185,000 -45.6% 0.1%
EECU $185,000 n/a 0.1%
Texas Mortgage Lending, LLC $115,000 $185,000 60.9% 0.1%
Barrington Bank & Trust Company, N.A. $250,000 $175,000 -30.0% 0.1%
BROKER SOLUTIONS, INC. $880,000 $175,000 -80.1% 0.1%
STOCKTON MORTGAGE CORPORATION $325,000 $175,000 -46.2% 0.1%
DAS Acquisition Company, LLC $165,000 n/a 0.1%
FAY SERVICING, LLC $165,000 n/a 0.1%
Servion, Inc. $275,000 $165,000 -40.0% 0.1%
ASPIRE FINANCIAL, INC. $145,000 $155,000 6.9% 0.1%
TEXANS $375,000 $155,000 -58.7% 0.1%
NAVY FEDERAL CREDIT UNION $990,000 $145,000 -85.4% 0.1%
Network Funding, L.P. $265,000 $145,000 -45.3% 0.1%
The American National Bank of Texas $145,000 n/a 0.1%
Prosperity Bank $135,000 n/a 0.1%
United Community Bank $135,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $125,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $140,000 $125,000 -10.7% 0.1%
CIVIC FINANCIAL SERVICES, LLC $115,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $115,000 n/a 0.1%
TEXAR $175,000 $115,000 -34.3% 0.1%
Chicago Mortgage Solutions LLC $105,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $290,000 $105,000 -63.8% 0.1%
V.I.P. MORTGAGE, INC. $105,000 n/a 0.1%
Zions Bancorporation, N.A. $105,000 n/a 0.1%
ALTRA $145,000 $95,000 -34.5% 0.1%
Discover Bank $85,000 $95,000 11.8% 0.1%
Carrington Mortgage Services, LLC $210,000 $75,000 -64.3% 0.0%
FIRST CENTENNIAL MORTGAGE CORPORATION $75,000 n/a 0.0%
VILLAGE CAPITAL MORTGAGE $250,000 $75,000 -70.0% 0.0%
The First National Bank of Hughes Springs $55,000 n/a 0.0%

Mount Pleasant's top lender by overall market share is Guaranty Bank & Trust, N.A., with 13.4% market share. In second place, with 7.4%, is Pilgrim Bank, having originated $12,710,000 in loans. In third place, with 6.6%, is DRAPER AND KRAMER MORTGAGE CORP., having originated $11,325,000 in loans. In fourth place, with 6.1%, is Cypress Bank, SSB, having originated $10,460,000 in loans. In fifth place, with 3.8%, is QUICKEN LOANS, LLC, having originated $6,550,000 in loans.


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

Realtor.com - Mount Pleasant (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 $181,950 (4.0%) $313,834 (-2.2%) 0.00 219
2018-02-01 $194,700 (8.8%) $316,703 (-2.9%) 0.00 224
2018-03-01 $189,900 (1.5%) $312,552 (-5.7%) 0.00 249
2018-04-01 $217,400 (16.6%) $330,412 (0.8%) 0.00 251
2018-05-01 $227,450 (26.4%) $340,051 (4.3%) 0.00 265
2018-06-01 $229,900 (23.9%) $329,271 (6.4%) 0.00 266
2018-07-01 $222,400 (19.3%) $332,738 (7.4%) 0.00 238
2018-08-01 $219,650 (13.2%) $334,607 (5.4%) 0.00 227
2018-09-01 $229,950 (19.5%) $360,105 (14.1%) 0.00 234
2018-10-01 $230,450 (14.4%) $369,597 (13.2%) 0.00 227
2018-11-01 $224,975 (22.0%) $378,408 (18.3%) 0.00 211
2018-12-01 $229,900 (24.4%) $371,238 (18.4%) 0.00 192
2019-01-01 $227,475 (25.0%) $395,642 (26.1%) 0.00 183
2019-02-01 $226,175 (16.2%) $395,639 (24.9%) 0.00 174
2019-03-01 $244,450 (28.7%) $401,377 (28.4%) 0.00 171
2019-04-01 $244,450 (12.4%) $400,381 (21.2%) 0.00 170
2019-05-01 $270,700 (19.0%) $422,098 (24.1%) 0.00 173
2019-06-01 $250,000 (8.7%) $412,741 (25.4%) 0.00 167
2019-07-01 $229,100 (3.0%) $319,615 (-3.9%) 0.00 149
2019-08-01 $227,070 (3.4%) $332,978 (-0.5%) 0.00 148
2019-09-01 $223,501 (-2.8%) $341,717 (-5.1%) 0.00 149
2019-10-01 $233,209 (1.2%) $346,397 (-6.3%) 0.00 145
2019-11-01 $222,450 (-1.1%) $284,495 (-24.8%) 0.00 125
2019-12-01 $248,225 (8.0%) $294,307 (-20.7%) 0.00 114
2020-01-01 $242,450 (6.6%) $285,636 (-27.8%) 0.00 109
2020-02-01 $239,900 (6.1%) $289,359 (-26.9%) 0.00 126
2020-03-01 $223,850 (-8.4%) $274,328 (-31.7%) 0.00 128
2020-04-01 $216,000 (-11.6%) $263,888 (-34.1%) 0.00 138
2020-05-01 $217,000 (-19.8%) $273,805 (-35.1%) 0.00 132
2020-06-01 $229,225 (-8.3%) $295,057 (-28.5%) 0.00 119
2020-07-01 $225,000 (-1.8%) $298,435 (-6.6%) 0.00 111
2020-08-01 $227,000 (0.0%) $300,622 (-9.7%) 0.00 95
2020-09-01 $238,125 (6.5%) $313,792 (-8.2%) 0.00 82
2020-10-01 $239,000 (2.5%) $321,342 (-7.2%) 0.00 78
2020-11-01 $225,000 (1.2%) $327,865 (15.2%) 0.00 74
2020-12-01 $232,175 (-6.5%) $328,168 (11.5%) 0.00 74
2021-01-01 $249,999 (3.1%) $378,630 (32.6%) 0.00 71
2021-02-01 $248,225 (3.5%) $466,602 (61.3%) 0.00 67
2021-03-01 $254,900 (13.9%) $419,669 (53.0%) 0.00 58
2021-04-01 $246,250 (14.0%) $394,062 (49.3%) 0.00 57
2021-05-01 $272,400 (25.5%) $402,474 (47.0%) 0.00 54
2021-06-01 $271,225 (18.3%) $408,752 (38.5%) 0.00 53
2021-07-01 $270,400 (20.2%) $389,879 (30.6%) 0.00 56
2021-08-01 $257,033 (13.2%) $374,272 (24.5%) 0.00 68
2021-09-01 $267,625 (12.4%) $430,711 (37.3%) 0.00 77
2021-10-01 $268,500 (12.3%) $444,612 (38.4%) 0.00 78
2021-11-01 $277,450 (23.3%) $407,428 (24.3%) 0.00 68
2021-12-01 $308,250 (32.8%) $423,270 (29.0%) 0.00 68
2022-01-01 $314,000 (25.6%) $453,340 (19.7%) 0.00 66
2022-02-01 $303,000 (22.1%) $451,751 (-3.2%) 0.00 59
2022-03-01 $326,225 (28.0%) $526,900 (25.6%) 0.00 60
2022-04-01 $359,500 (46.0%) $585,176 (48.5%) 0.00 66
2022-05-01 $340,000 (24.8%) $520,560 (29.3%) 0.00 84
2022-06-01 $349,225 (28.8%) $508,782 (24.5%) 0.00 97
2022-07-01 $334,990 (23.9%) $503,745 (29.2%) 0.00 113
2022-08-01 $334,945 (30.3%) $467,227 (24.8%) 0.00 130
2022-09-01 $349,175 (30.5%) $449,445 (4.4%) 0.00 128
2022-10-01 $266,900 (-0.6%) $408,153 (-8.2%) 0.00 146
2022-11-01 $266,900 (-3.8%) $397,040 (-2.6%) 0.00 140
2022-12-01 $266,900 (-13.4%) $399,060 (-5.7%) 0.00 132
2023-01-01 $288,750 (-8.0%) $387,834 (-14.5%) 0.00 129
2023-02-01 $289,000 (-4.6%) $396,500 (-12.2%) 0.00 129
2023-03-01 $309,500 (-5.1%) $422,274 (-19.9%) 0.00 135
2023-04-01 $345,000 (-4.0%) $503,987 (-13.9%) 0.00 148
2023-05-01 $342,000 (0.6%) $532,149 (2.2%) 0.00 153
2023-06-01 $364,950 (4.5%) $534,106 (5.0%) 0.00 159
2023-07-01 $347,450 (3.7%) $521,127 (3.5%) 0.00 170
2023-08-01 $338,975 (1.2%) $502,339 (7.5%) 0.00 171
2023-09-01 $335,000 (-4.1%) $488,198 (8.6%) 0.00 165
2023-10-01 $349,950 (31.1%) $471,758 (15.6%) 0.00 155
2023-11-01 $349,950 (31.1%) $483,670 (21.8%) 0.00 146
2023-12-01 $350,000 (31.1%) $487,257 (22.1%) 0.00 139
2024-01-01 $338,675 (17.3%) $481,762 (24.2%) 0.00 139
Mount Pleasant's median listing price for 2024-01-01 was $338,675, a difference of $49,925 (17.3%) versus the prior year and $-11,325 versus the prior month.

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

Mount Pleasant's average listing price for 2024-01-01 was $481,762, a difference of $93,928 (24.2%) versus the prior year and $-5,495 versus the prior month.

For the 2024-01-01 period, Mount Pleasant had 139 MLS listings, a difference of 0 listings (0%) versus the prior month and 10 listings (8%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Mount Pleasant (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,126 sqft
2018-02-01 0 days 2,201 sqft
2018-03-01 0 days 2,136 sqft
2018-04-01 0 days 2,198 sqft
2018-05-01 0 days 2,212 sqft
2018-06-01 0 days 2,223 sqft
2018-07-01 0 days 2,257 sqft
2018-08-01 0 days 2,276 sqft
2018-09-01 0 days 2,329 sqft
2018-10-01 0 days 2,284 sqft
2018-11-01 0 days 2,262 sqft
2018-12-01 0 days 2,247 sqft
2019-01-01 0 days 2,240 sqft
2019-02-01 0 days 2,245 sqft
2019-03-01 0 days 2,221 sqft
2019-04-01 0 days 2,190 sqft
2019-05-01 0 days 2,319 sqft
2019-06-01 0 days 2,310 sqft
2019-07-01 0 days 2,191 sqft
2019-08-01 0 days 2,199 sqft
2019-09-01 0 days 2,174 sqft
2019-10-01 0 days 2,236 sqft
2019-11-01 0 days 2,253 sqft
2019-12-01 0 days 2,296 sqft
2020-01-01 0 days 2,204 sqft
2020-02-01 0 days 2,253 sqft
2020-03-01 0 days 2,080 sqft
2020-04-01 0 days 2,029 sqft
2020-05-01 0 days 2,075 sqft
2020-06-01 0 days 2,188 sqft
2020-07-01 0 days 2,254 sqft
2020-08-01 0 days 2,252 sqft
2020-09-01 0 days 2,370 sqft
2020-10-01 0 days 2,238 sqft
2020-11-01 0 days 2,194 sqft
2020-12-01 0 days 2,170 sqft
2021-01-01 0 days 2,258 sqft
2021-02-01 0 days 2,396 sqft
2021-03-01 0 days 2,264 sqft
2021-04-01 0 days 2,345 sqft
2021-05-01 0 days 2,339 sqft
2021-06-01 0 days 2,071 sqft
2021-07-01 0 days 2,097 sqft
2021-08-01 0 days 2,084 sqft
2021-09-01 0 days 2,012 sqft
2021-10-01 0 days 1,992 sqft
2021-11-01 0 days 2,067 sqft
2021-12-01 0 days 2,090 sqft
2022-01-01 0 days 2,058 sqft
2022-02-01 0 days 2,000 sqft
2022-03-01 0 days 2,008 sqft
2022-04-01 0 days 2,000 sqft
2022-05-01 0 days 2,000 sqft
2022-06-01 0 days 2,009 sqft
2022-07-01 0 days 2,024 sqft
2022-08-01 0 days 2,000 sqft
2022-09-01 0 days 2,000 sqft
2022-10-01 0 days 1,753 sqft
2022-11-01 0 days 1,771 sqft
2022-12-01 0 days 1,782 sqft
2023-01-01 0 days 1,796 sqft
2023-02-01 0 days 1,753 sqft
2023-03-01 0 days 1,888 sqft
2023-04-01 0 days 2,074 sqft
2023-05-01 0 days 2,055 sqft
2023-06-01 0 days 2,063 sqft
2023-07-01 0 days 2,069 sqft
2023-08-01 0 days 2,078 sqft
2023-09-01 0 days 2,065 sqft
2023-10-01 0 days 2,023 sqft
2023-11-01 0 days 2,009 sqft
2023-12-01 0 days 2,009 sqft
2024-01-01 0 days 2,002 sqft
Mount Pleasant's median listing age (time on market) for 2024-01-01 was 0 days.

Mount Pleasant's median square footage for active listings during the 2024-01-01 period was 2,002 sqft. One year prior, the average listing was 1,796 sqft.

Mount Pleasant, TX Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 517 $129,115,000 $249,739
Cash Out Refi 92 $17,130,000 $186,196
Refi 90 $16,870,000 $187,444
Home Improvement 42 $4,670,000 $111,190
Other 30 $4,810,000 $160,333

Mount Pleasant's most frequently cited loan purpose was Home Purchase, with 517 originations. The 2nd most popular reason was Cash Out Refi, with 92 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 190 $46,980,000 $247,263
4-5% 143 $32,965,000 $230,524
3-4% 121 $31,615,000 $261,281
6-7% 88 $16,540,000 $187,955
2.5-3% 30 $7,640,000 $254,667
7-8% 29 $5,025,000 $173,276
Over 8% 17 $2,485,000 $146,176
<2.5% 10 $3,110,000 $311,000

During 2022, Mount Pleasant's most frequently originated rate bucket was 5-6%, with 190 originations.

Loan Sizing (Mount Pleasant, TX MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 305 $45,775,000 $150,082
$200k-400k 236 $64,520,000 $273,390
$100,000 or less 149 $10,255,000 $68,826
$400k-600k 52 $24,660,000 $474,231
$600k-1000k 24 $16,500,000 $687,500
$Over $1MM 5 $10,885,000 $2,177,000

Mount Pleasant's loan sizing saw the bucket of loans from $100k-200k with 305 originations, totaling $45,775,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 303 $73,235,000 $241,700
60-80% 174 $48,460,000 $278,506
40-60% 90 $15,170,000 $168,556
20-40% 40 $5,560,000 $139,000
Under 20% 11 $925,000 $84,091
Over 100% 9 $2,675,000 $297,222

Mount Pleasant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 303 originations, totaling $73,235,000 in origination value.