Mount Pleasant Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Mount Pleasant averaged
6.34%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6.06% and
one month ago for the week of 2023-04-20, the
average rate was 6.16%.
Mount Pleasant's average rate one year ago was 5.22%.
For refis of the same type during the week of 2023-05-25, the average rate
was 6.97%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Mount Pleasant 30 Year Fixed Rate | 2023-05-25 | 6.34% |
| Mount Pleasant 30 Year Fixed Rate Refi | 2023-05-25 | 6.97% |
| Mount Pleasant 15 Year Fixed Rate | 2023-05-25 | 5.77% |
| Mount Pleasant 15 Year Fixed Rate Refi | 2023-05-25 | 5.87% |
| Mount Pleasant 30 Year FHA | 2023-05-25 | 6.47% |
| Mount Pleasant 30 Year FHA Refi | 2023-05-25 | 6.51% |
| Mount Pleasant 30 Year USDA | 2023-05-25 | 6.83% |
| Mount Pleasant 30 Year USDA Refi | 2023-05-25 | 6.83% |
| Mount Pleasant 30 Year VA | 2023-05-25 | 6.51% |
| Mount Pleasant 30 Year VA Refi | 2023-05-25 | 6.21% |
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.).
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 | $224,950 (22.0%) | $377,830 (18.1%) | 0.00 | 212 |
| 2018-12-01 | $227,450 (23.1%) | $370,382 (18.1%) | 0.00 | 193 |
| 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 | $225,000 (28.7%) | $385,434 (23.3%) | 0.00 | 181 |
| 2019-04-01 | $244,450 (12.4%) | $405,914 (22.9%) | 0.00 | 169 |
| 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 | $229,200 (3.1%) | $320,240 (-3.8%) | 0.00 | 149 |
| 2019-08-01 | $214,900 (3.4%) | $311,796 (-6.8%) | 0.00 | 145 |
| 2019-09-01 | $211,750 (-2.8%) | $355,057 (-1.4%) | 0.00 | 154 |
| 2019-10-01 | $232,813 (1.2%) | $347,368 (-6.0%) | 0.00 | 145 |
| 2019-11-01 | $222,450 (-1.1%) | $284,495 (-24.7%) | 0.00 | 125 |
| 2019-12-01 | $248,225 (9.1%) | $294,307 (-20.5%) | 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 (-28.8%) | 0.00 | 128 |
| 2020-04-01 | $216,000 (-11.6%) | $263,888 (-35.0%) | 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 (-6.8%) | 0.00 | 111 |
| 2020-08-01 | $227,000 (0.0%) | $300,622 (-3.6%) | 0.00 | 95 |
| 2020-09-01 | $238,125 (6.5%) | $313,792 (-11.6%) | 0.00 | 82 |
| 2020-10-01 | $239,000 (2.5%) | $321,342 (-7.5%) | 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 | $332,495 (23.0%) | $500,166 (28.3%) | 0.00 | 114 |
| 2022-08-01 | $334,900 (30.3%) | $464,195 (24.0%) | 0.00 | 131 |
| 2022-09-01 | $348,900 (30.4%) | $447,998 (4.0%) | 0.00 | 129 |
| 2022-10-01 | $266,900 (-0.6%) | $405,860 (-8.7%) | 0.00 | 147 |
| 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 | $347,450 (0.0%) | $506,171 (-13.5%) | 0.00 | 149 |
Mount Pleasant's median listing price comes in at 0% of the national average.
Mount Pleasant's average listing price for 2023-04-01 was $506,171, a difference of $-79,005 (-13.5%) versus the prior year and $83,897 versus the prior month.
For the 2023-04-01 period, Mount Pleasant had 149 MLS listings, a difference of 14 listings (10%) versus the prior month and 83 listings (126%) 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 | 2,244 sqft |
| 2019-01-01 | 0 days | 2,240 sqft |
| 2019-02-01 | 0 days | 2,241 sqft |
| 2019-03-01 | 0 days | 2,216 sqft |
| 2019-04-01 | 0 days | 2,204 sqft |
| 2019-05-01 | 0 days | 2,319 sqft |
| 2019-06-01 | 0 days | 2,310 sqft |
| 2019-07-01 | 0 days | 2,195 sqft |
| 2019-08-01 | 0 days | 2,182 sqft |
| 2019-09-01 | 0 days | 2,190 sqft |
| 2019-10-01 | 0 days | 2,289 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 | 2,012 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 | 2,075 sqft |
Mount Pleasant's median square footage for active listings during the 2023-04-01 period was 2,075 sqft. One year prior, the average listing was 2,000 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.