Mount Pleasant 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 Mount Pleasant averaged 6.87% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.58% and one month ago for the week of 2024-10-10, the average rate was 6.21%.

    Mount Pleasant's average rate one year ago was 7.59%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.08%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Mount Pleasant 30 Year Fixed Rate 2024-11-14 6.87%
    Mount Pleasant 30 Year Fixed Rate Refi 2024-11-14 7.08%
    Mount Pleasant 15 Year Fixed Rate 2024-11-14 6.19%
    Mount Pleasant 15 Year Fixed Rate Refi 2024-11-14 5.99%
    Mount Pleasant 30 Year FHA 2024-11-14 -0.39%
    Mount Pleasant 30 Year FHA Refi 2024-11-14 0.1%
    Mount Pleasant 30 Year USDA 2024-11-14 0%
    Mount Pleasant 30 Year USDA Refi 2024-11-14 0.2%
    Mount Pleasant 30 Year VA 2024-11-14 0.1%
    Mount Pleasant 30 Year VA Refi 2024-11-14 -0.1%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 16 6.70% $8,691
    VeraBank 12 6.11% $3,925
    Guaranty Bank & Trust, N.A. 12 6.83% $4,773
    The City National Bank of Sulphur Springs 10 7.46% $2,436
    UNITED WHOLESALE MORTGAGE, LLC 7 7.11% $5,355
    DRAPER AND KRAMER MORTGAGE CORP. 6 6.44% $11,704
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 5 7.05% $9,261
    AMERISAVE MORTGAGE CORPORATION 4 6.47% $10,886
    HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.31% $5,826
    CMG MORTGAGE, INC. 4 6.56% $7,044
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.71% $10,423
    Mr. Cooper ( Nationstar Mortgage ) 3 6.79% $8,810
    OPEN MORTGAGE, LLC 2 6.38% $6,571
    CROSSCOUNTRY MORTGAGE, LLC 2 7.43% $8,475
    Discover Bank 2 6.49% $0
    RED RIVER EMPLOYEES 2 7.44% $4,128
    ROYAL UNITED MORTGAGE LLC 2 7.56% $13,170
    T2 FINANCIAL LLC 2 6.38% $6,616
    EAST TEXAS PROFESSIONAL Credit Union 2 6.50% $2,760
    EVERETT FINANCIAL, INC. 2 6.88% $8,877
    Bank of America 2 7.00% $7,161
    Citibank 2 7.00% $10,655
    Wells Fargo Bank 2 6.31% $6,002
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.25% $4,555
    Network Funding, L.P. 1 7.00% $5,934
    NTFN, INC. 1 7.50% $10,014
    PENNYMAC LOAN SERVICES, LLC 1 6.13% $7,370
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.25% $5,248
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.25% $15,577
    Prosperity Bank 1 7.75% $6,125
    RANDOLPH-BROOKS 1 8.75% $2,556
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.25% $5,022
    SFMC, LP 1 6.50% $9,838
    The American National Bank of Texas 1 8.50% $12,304
    The Loan Store, Inc. 1 6.38% $7,575
    UNION HOME MORTGAGE CORP. 1 6.63% $4,525
    USAA Federal Savings Bank 1 7.63% $4,572
    U.S. Bank 1 6.13% $3,739
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 9.25% $8,435
    ZILLOW HOME LOANS, LLC 1 6.50% $4,071
    ADVANCIAL 1 5.88% $5,662
    Zions Bank 1 7.00% $8,767
    Ally Bank 1 6.50% $4,091
    American Bank of Oklahoma 1 8.00% $5,274
    AMERICAN FINANCIAL NETWORK, INC. 1 7.38% $6,497
    American Mortgage & Equity Consultants, Inc. 1 6.88% $4,888
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.00% $8,284
    AmeriHome Mortgage Company, LLC 1 7.63% $8,967
    Ameris Bank 1 6.99% $4,242
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.13% $6,020
    Austin Bank, Texas 1 7.15% $3,878
    BROKER SOLUTIONS, INC. 1 6.38% $6,704
    CARDINAL FINANCIAL 1 7.38% $12,309
    Commercial Bank of Texas 1 7.99% $7,035
    First Bank 1 7.63% $8,407
    FIRST COMMUNITY MORTGAGE, INC. 1 7.25% $8,038
    First United Bank and Trust Company 1 7.13% $10,307
    Flagstar Bank, FSB 1 5.50% $7,839
    Gateway First Bank 1 6.88% $7,769
    Golden Empire Mortgage, Inc. 1 6.25% $5,773
    GUILD MORTGAGE COMPANY 1 7.38% $4,654
    LOANDEPOT.COM, LLC 1 6.13% $15,447
    MANN FINANCIAL INC. 1 6.38% $4,204
    MORTGAGE FINANCIAL SERVICES, LLC 1 7.13% $6,646

    Mount Pleasant Average Closing Costs & Other Stats

    Mount Pleasant, TX's 64 lenders originated 549 loans during 2023. The total origination value was $116,015,000, with an average loan value of $211,321.

    Mount Pleasant's average closing costs are $6,379.

    The top Mount Pleasant lender as defined by loan originations is QUICKEN LOANS, LLC, with 16 loans originated. Their average total fees are $8,691, which is $4,767 higher than the next largest lender, VeraBank.

    The lowest fee Mount Pleasant lenders (with over 10 loans originated) are The City National Bank of Sulphur Springs ($2,436), VeraBank ($3,925), Guaranty Bank & Trust, N.A. ($4,773), QUICKEN LOANS, LLC ($8,691) and .

    The lowest rate Mount Pleasant lenders (with over 10 loans originated) are VeraBank (6.11%), QUICKEN LOANS, LLC (6.70%), Guaranty Bank & Trust, N.A. (6.83%), The City National Bank of Sulphur Springs (7.46%) 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Guaranty Bank & Trust, N.A. $23,135,000 $13,935,000 -39.8% 12.0%
    Pilgrim Bank $12,710,000 $8,000,000 -37.1% 6.9%
    Cypress Bank, SSB $10,460,000 $7,750,000 -25.9% 6.7%
    VeraBank $2,615,000 $6,610,000 152.8% 5.7%
    DRAPER AND KRAMER MORTGAGE CORP. $11,325,000 $5,225,000 -53.9% 4.5%
    QUICKEN LOANS, LLC $6,550,000 $5,120,000 -21.8% 4.4%
    UNITED WHOLESALE MORTGAGE, LLC $2,835,000 $4,100,000 44.6% 3.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,745,000 $3,315,000 20.8% 2.9%
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $620,000 $3,260,000 425.8% 2.8%
    The City National Bank of Sulphur Springs $3,780,000 $3,010,000 -20.4% 2.6%
    Mortgage Research Center, LLC $2,805,000 $2,975,000 6.1% 2.6%
    Citibank $2,060,000 n/a 1.8%
    First National Bank of East Texas $1,005,000 $2,005,000 99.5% 1.7%
    CMG MORTGAGE, INC. $935,000 $1,965,000 110.2% 1.7%
    T2 FINANCIAL LLC $1,280,000 $1,840,000 43.8% 1.6%
    AMERISAVE MORTGAGE CORPORATION $1,720,000 n/a 1.5%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $735,000 $1,680,000 128.6% 1.4%
    Bank of America $725,000 $1,635,000 125.5% 1.4%
    21ST MORTGAGE CORPORATION $1,890,000 $1,315,000 -30.4% 1.1%
    CROSSCOUNTRY MORTGAGE, LLC $880,000 $1,310,000 48.9% 1.1%
    EVERETT FINANCIAL, INC. $590,000 $1,065,000 80.5% 0.9%
    Austin Bank, Texas $1,005,000 n/a 0.9%
    MORTGAGE FINANCIAL SERVICES, LLC $1,685,000 $955,000 -43.3% 0.8%
    Gateway First Bank $1,215,000 $920,000 -24.3% 0.8%
    PENNYMAC LOAN SERVICES, LLC $2,385,000 $920,000 -61.4% 0.8%
    Alliance Bank $450,000 $875,000 94.4% 0.8%
    Zions Bank $105,000 $825,000 685.7% 0.7%
    Wells Fargo Bank $1,855,000 $810,000 -56.3% 0.7%
    RED RIVER EMPLOYEES $700,000 n/a 0.6%
    OPEN MORTGAGE, LLC $790,000 $665,000 -15.8% 0.6%
    EAST TEXAS PROFESSIONAL Credit Union $980,000 $660,000 -32.7% 0.6%
    GUILD MORTGAGE COMPANY $1,465,000 $650,000 -55.6% 0.6%
    AMERICAN PACIFIC MORTGAGE CORPORATION $625,000 $630,000 0.8% 0.5%
    The American National Bank of Texas $145,000 $625,000 331.0% 0.5%
    SECURITYNATIONAL MORTGAGE COMPANY $610,000 n/a 0.5%
    ROYAL UNITED MORTGAGE LLC $125,000 $585,000 368.0% 0.5%
    First United Bank and Trust Company $1,465,000 $565,000 -61.4% 0.5%
    Prosperity Bank $135,000 $560,000 314.8% 0.5%
    Texas Bank and Trust Company $545,000 $550,000 0.9% 0.5%
    American Bank of Oklahoma $540,000 n/a 0.5%
    CARDINAL FINANCIAL $2,395,000 $525,000 -78.1% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,160,000 $525,000 -54.7% 0.5%
    USAA Federal Savings Bank $590,000 $450,000 -23.7% 0.4%
    UNITED BUILT HOMES, L.L.C. $395,000 $445,000 12.7% 0.4%
    FINANCE OF AMERICA REVERSE LLC $440,000 n/a 0.4%
    Town Square Mortgage & Investments, Inc. $460,000 $435,000 -5.4% 0.4%
    Discover Bank $95,000 $430,000 352.6% 0.4%
    FIRST COMMUNITY MORTGAGE, INC. $415,000 n/a 0.4%
    Golden Empire Mortgage, Inc. $415,000 n/a 0.4%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $470,000 $410,000 -12.8% 0.4%
    BROKER SOLUTIONS, INC. $175,000 $410,000 134.3% 0.4%
    ZILLOW HOME LOANS, LLC $410,000 n/a 0.4%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,690,000 $405,000 -76.0% 0.3%
    BNC National Bank $395,000 n/a 0.3%
    PENTAGON FEDERAL CREDIT UNION $395,000 n/a 0.3%
    VANDERBILT MORTGAGE AND FINANCE, INC. $675,000 $395,000 -41.5% 0.3%
    Ally Bank $225,000 $375,000 66.7% 0.3%
    LOANDEPOT.COM, LLC $2,765,000 $375,000 -86.4% 0.3%
    First National Bank of Winnsboro $370,000 n/a 0.3%
    Network Funding, L.P. $145,000 $365,000 151.7% 0.3%
    Barrington Bank & Trust Company, N.A. $175,000 $360,000 105.7% 0.3%
    NAVY FEDERAL CREDIT UNION $145,000 $355,000 144.8% 0.3%
    LEADERONE FINANCIAL CORPORATION $350,000 n/a 0.3%
    ADVANCIAL $340,000 n/a 0.3%
    Legend Bank, N.A. $325,000 n/a 0.3%
    SFMC, LP $215,000 $320,000 48.8% 0.3%
    RANDOLPH-BROOKS $1,000,000 $310,000 -69.0% 0.3%
    TEXAR $115,000 $305,000 165.2% 0.3%
    TRIAD FINANCIAL SERVICES, INC. $1,360,000 $305,000 -77.6% 0.3%
    Nations Lending Corporation $5,585,000 $300,000 -94.6% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $220,000 $280,000 27.3% 0.2%
    First Bank $275,000 n/a 0.2%
    United Community Bank $135,000 $275,000 103.7% 0.2%
    Paramount Residential Mortgage Group, Inc. $1,640,000 $270,000 -83.5% 0.2%
    GUARANTEED RATE, INC. $1,295,000 $265,000 -79.5% 0.2%
    NTFN, INC. $265,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $255,000 n/a 0.2%
    American Mortgage & Equity Consultants, Inc. $245,000 n/a 0.2%
    Commercial Bank of Texas $705,000 $245,000 -65.2% 0.2%
    Credit Union of Texas $475,000 $245,000 -48.4% 0.2%
    GERSHMAN INVESTMENT CORP. $245,000 n/a 0.2%
    AmeriHome Mortgage Company, LLC $235,000 n/a 0.2%
    NFM, INC. $235,000 n/a 0.2%
    Texas Heritage National Bank $225,000 n/a 0.2%
    U.S. Bank $195,000 $225,000 15.4% 0.2%
    INTERLINC MORTGAGE SERVICES, LLC $215,000 n/a 0.2%
    FIDELITY BANK $205,000 n/a 0.2%
    Spring Hill State Bank $405,000 $205,000 -49.4% 0.2%
    VAN DYK MORTGAGE CORPORATION $205,000 n/a 0.2%
    Ameris Bank $185,000 n/a 0.2%
    Citizens Bank $600,000 $185,000 -69.2% 0.2%
    Flagstar Bank, FSB $755,000 $185,000 -75.5% 0.2%
    AMCAP MORTGAGE, LTD. $175,000 n/a 0.2%
    UNION HOME MORTGAGE CORP. $175,000 n/a 0.2%
    Century Mortgage Company DBA Century Lending Company $355,000 $165,000 -53.5% 0.1%
    American Airlines Federal Credit Union $155,000 n/a 0.1%
    The First National Bank of Hughes Springs $55,000 $155,000 181.8% 0.1%
    The Loan Store, Inc. $155,000 n/a 0.1%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $145,000 n/a 0.1%
    LENDINGHOME FUNDING CORPORATION $285,000 $135,000 -52.6% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $125,000 n/a 0.1%
    MANN FINANCIAL INC. $125,000 n/a 0.1%
    Texas Bank $315,000 $125,000 -60.3% 0.1%
    Carrington Mortgage Services, LLC $75,000 $105,000 40.0% 0.1%
    LOANPAL, LLC $480,000 $105,000 -78.1% 0.1%
    MID AMERICA MORTGAGE, INC. $380,000 $105,000 -72.4% 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $105,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $260,000 $105,000 -59.6% 0.1%
    TEXANS $155,000 $105,000 -32.3% 0.1%
    Frost Bank $75,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $205,000 $65,000 -68.3% 0.1%
    A+ Federal Credit Union $45,000 n/a 0.0%
    CHERRY CREEK MORTGAGE, LLC $25,000 n/a 0.0%

    Mount Pleasant's top lender by overall market share is Guaranty Bank & Trust, N.A., with 12.0% market share. In second place, with 6.9%, is Pilgrim Bank, having originated $8,000,000 in loans. In third place, with 6.7%, is Cypress Bank, SSB, having originated $7,750,000 in loans. In fourth place, with 5.7%, is VeraBank, having originated $6,610,000 in loans. In fifth place, with 4.5%, is DRAPER AND KRAMER MORTGAGE CORP., having originated $5,225,000 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
    2024-02-01 $329,000 (13.8%) $486,991 (22.8%) 0.00 151
    2024-03-01 $329,450 (6.5%) $490,503 (16.2%) 0.00 159
    2024-04-01 $324,975 (-5.8%) $482,807 (-4.2%) 0.00 183
    2024-05-01 $326,000 (-4.7%) $477,339 (-10.3%) 0.00 201
    2024-06-01 $327,000 (-10.4%) $472,520 (-11.5%) 0.00 210
    2024-07-01 $325,000 (-6.5%) $469,740 (-9.9%) 0.00 210
    2024-08-01 $329,000 (-2.9%) $449,097 (-10.6%) 0.00 206
    2024-09-01 $343,650 (2.6%) $465,026 (-4.8%) 0.00 197
    2024-10-01 $342,425 (-2.2%) $455,142 (-3.5%) 0.00 194
    Mount Pleasant's median listing price for 2024-10-01 was $342,425, a difference of $-7,525 (-2.2%) versus the prior year and $-1,225 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 2024-10-01 was $455,142, a difference of $-16,616 (-3.5%) versus the prior year and $-9,884 versus the prior month.

    For the 2024-10-01 period, Mount Pleasant had 194 MLS listings, a difference of -3 listings (-2%) versus the prior month and 39 listings (25%) 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
    2024-02-01 0 days 1,985 sqft
    2024-03-01 0 days 2,006 sqft
    2024-04-01 0 days 2,004 sqft
    2024-05-01 0 days 2,015 sqft
    2024-06-01 0 days 2,019 sqft
    2024-07-01 0 days 2,010 sqft
    2024-08-01 0 days 1,960 sqft
    2024-09-01 0 days 1,950 sqft
    2024-10-01 0 days 1,921 sqft
    Mount Pleasant's median listing age (time on market) for 2024-10-01 was 0 days.

    Mount Pleasant's median square footage for active listings during the 2024-10-01 period was 1,921 sqft. One year prior, the average listing was 2,023 sqft.

    Mount Pleasant, TX Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 373 $88,605,000 $237,547
    Refi 58 $12,810,000 $220,862
    Home Improvement 45 $4,135,000 $91,889
    Cash Out Refi 45 $7,615,000 $169,222
    Other 28 $2,850,000 $101,786

    Mount Pleasant's most frequently cited loan purpose was Home Purchase, with 373 originations. The 2nd most popular reason was Refi, with 58 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 165 $43,175,000 $261,667
    7-8% 143 $28,915,000 $202,203
    Over 8% 71 $9,305,000 $131,056
    5-6% 46 $11,690,000 $254,130
    4-5% 11 $1,875,000 $170,455

    During 2023, Mount Pleasant's most frequently originated rate bucket was 6-7%, with 165 originations.

    Loan Sizing (Mount Pleasant, TX MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 187 $27,705,000 $148,155
    $200k-400k 184 $50,920,000 $276,739
    $100,000 or less 127 $7,645,000 $60,197
    $400k-600k 33 $15,705,000 $475,909
    $600k-1000k 15 $10,605,000 $707,000
    $Over $1MM 3 $3,435,000 $1,145,000

    Mount Pleasant's loan sizing saw the bucket of loans from $100k-200k with 187 originations, totaling $27,705,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 201 $49,785,000 $247,687
    60-80% 106 $26,680,000 $251,698
    20-40% 53 $7,305,000 $137,830
    40-60% 45 $9,045,000 $201,000
    Under 20% 28 $1,710,000 $61,071
    Over 100% 2 $390,000 $195,000

    Mount Pleasant's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 201 originations, totaling $49,785,000 in origination value.