Natchez 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 Natchez averaged 6.62% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.05% and one month ago for the week of 2023-02-09, the average rate was 6.54%.

    Natchez's average rate one year ago was 3.87%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.59%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Natchez 30 Year Fixed Rate 2023-03-16 6.62%
    Natchez 30 Year Fixed Rate Refi 2023-03-16 6.59%
    Natchez 15 Year Fixed Rate 2023-03-16 7.02%
    Natchez 15 Year Fixed Rate Refi 2023-03-16 5.89%
    Natchez 30 Year FHA 2023-03-16 6.62%
    Natchez 30 Year FHA Refi 2023-03-16 6.55%
    Natchez 30 Year USDA 2023-03-16 6.47%
    Natchez 30 Year USDA Refi 2023-03-16 6.32%
    Natchez 30 Year VA 2023-03-16 6.78%
    Natchez 30 Year VA Refi 2023-03-16 6.02%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Natchez, MS-LA.

    Natchez 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 Natchez, MS-LA 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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    GMFS LLC 44 3.15% $3,546
    FIDELITY BANK 28 3.16% $3,962
    QUICKEN LOANS, LLC 27 3.11% $5,052
    ANGEL OAK HOME LOANS LLC 26 3.30% $4,327
    Hamilton Mortgage Corporation 12 3.08% $3,076
    JPMorgan Chase Bank 7 3.14% $2,741
    Regions Bank 5 3.25% $3,484
    LOANDEPOT.COM, LLC 4 3.06% $4,251
    Wells Fargo Bank 3 3.21% $3,953
    CRESCENT MORTGAGE COMPANY 3 2.88% $5,694
    BROKER SOLUTIONS, INC. 3 3.33% $5,127
    UNITED WHOLESALE MORTGAGE, LLC 3 3.20% $3,469
    Home Bank 2 2.94% $3,727
    Bank of America 2 3.38% $3,473
    GUARANTY HOME MORTGAGE CORPORATION 2 3.13% $3,444
    HOME POINT FINANCIAL CORPORATION 2 2.94% $2,225
    Discover Bank 2 4.99% $0
    NAVY FEDERAL CREDIT UNION 1 4.50% $8,595
    NEWREZ LLC 1 2.88% $4,144
    North American Savings Bank, F.S.B. 1 3.13% $3,403
    Origin Bank 1 5.34% $2,565
    Pelican State Credit Union 1 6.50% $2,799
    PENNYMAC LOAN SERVICES, LLC 1 3.00% $5,870
    PLAZA HOME MORTGAGE, INC. 1 3.49% $3,317
    PNC Bank 1 2.88% $3,964
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.13% $3,001
    Prosperity Bank 1 3.00% $4,661
    ROYAL UNITED MORTGAGE LLC 1 2.50% $5,587
    Sabine State Bank and Trust Company 1 3.88% $6,486
    AMERICAN FINANCIAL NETWORK, INC. 1 2.88% $6,397
    STANDARD MORTGAGE CORPORATION 1 2.88% $4,461
    Synovus Bank 1 2.88% $5,201
    TOWNE MORTGAGE COMPANY 1 3.25% $3,035
    U.S. Bank 1 3.63% $3,277
    SPRING EQ, LLC 1 4.25% $0
    AMERISAVE MORTGAGE CORPORATION 1 2.88% $1,451
    BETTER MORTGAGE CORPORATION 1 2.75% $6,616
    CALIBER HOME LOANS, INC. 1 3.63% $2,789
    CHEVRON 1 2.75% $4,955
    CHURCHILL MORTGAGE CORPORATION 1 4.00% $6,202
    Citizens Bank 1 2.88% $5,977
    Eagle Bank and Trust Company 1 2.75% $2,383
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 2.75% $3,541
    EVANSVILLE TEACHERS 1 3.38% $3,890
    FBT Mortgage, L.L.C. 1 3.63% $7,249
    FIRST COMMUNITY MORTGAGE, INC. 1 2.88% $4,334
    Flagstar Bank, FSB 1 3.43% $2,350
    Gateway First Bank 1 3.25% $5,476
    GUILD MORTGAGE COMPANY 1 3.50% $3,699
    Hancock Whitney Bank 1 3.38% $3,159
    KeyBank 1 2.25% $9,752

    Natchez Average Closing Costs & Other Stats

    Natchez, MS-LA's 51 lenders originated 838 loans during 2021. The total origination value was $135,220,000, with an average loan value of $161,360.

    Natchez's average closing costs are $4,652.

    The top Natchez lender as defined by loan originations is GMFS LLC, with 44 loans originated. Their average total fees are $3,546, which is $416 lower than the next largest lender, FIDELITY BANK.

    The lowest fee Natchez lenders (with over 10 loans originated) are Hamilton Mortgage Corporation ($3,076), GMFS LLC ($3,546), FIDELITY BANK ($3,962), ANGEL OAK HOME LOANS LLC ($4,327) and QUICKEN LOANS, LLC ($5,052).

    The lowest rate Natchez lenders (with over 10 loans originated) are Hamilton Mortgage Corporation (3.08%), QUICKEN LOANS, LLC (3.11%), GMFS LLC (3.15%), FIDELITY BANK (3.16%) and ANGEL OAK HOME LOANS LLC (3.30%).

    Natchez, MS-LA 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    GMFS LLC $11,395,000 $18,520,000 62.5% 13.7%
    Concordia Bank and Trust Company $13,140,000 $16,000,000 21.8% 11.8%
    ANGEL OAK HOME LOANS LLC $14,570,000 n/a 10.8%
    QUICKEN LOANS, LLC $13,275,000 $13,515,000 1.8% 10.0%
    FIDELITY BANK $13,755,000 $9,020,000 -34.4% 6.7%
    Hamilton Mortgage Corporation $6,880,000 $4,395,000 -36.1% 3.3%
    UNITED WHOLESALE MORTGAGE, LLC $1,880,000 $3,175,000 68.9% 2.3%
    Regions Bank $2,245,000 $2,920,000 30.1% 2.2%
    Flagstar Bank, FSB $645,000 $2,210,000 242.6% 1.6%
    PENNYMAC LOAN SERVICES, LLC $640,000 $1,965,000 207.0% 1.5%
    LOANDEPOT.COM, LLC $1,595,000 $1,905,000 19.4% 1.4%
    JPMorgan Chase Bank $380,000 $1,900,000 400.0% 1.4%
    Peoples Bank & Trust Company of Pointe Coupee Parish, Inc $1,805,000 n/a 1.3%
    Home Bank $1,115,000 $1,790,000 60.5% 1.3%
    21ST MORTGAGE CORPORATION $2,430,000 $1,715,000 -29.4% 1.3%
    Mortgage Research Center, LLC $1,780,000 $1,690,000 -5.1% 1.2%
    Mr. Cooper ( Nationstar Mortgage ) $995,000 $1,590,000 59.8% 1.2%
    AMERISAVE MORTGAGE CORPORATION $1,290,000 $1,500,000 16.3% 1.1%
    Flanagan State Bank $960,000 $1,410,000 46.9% 1.0%
    HOME POINT FINANCIAL CORPORATION $455,000 $1,230,000 170.3% 0.9%
    Trustmark National Bank $490,000 $1,110,000 126.5% 0.8%
    CRESCENT MORTGAGE COMPANY $2,285,000 $1,105,000 -51.6% 0.8%
    NAVY FEDERAL CREDIT UNION $375,000 $1,085,000 189.3% 0.8%
    FREEDOM MORTGAGE CORPORATION $1,920,000 $985,000 -48.7% 0.7%
    MORTGAGE FINANCIAL SERVICES, LLC $575,000 $915,000 59.1% 0.7%
    BROKER SOLUTIONS, INC. $905,000 n/a 0.7%
    Wells Fargo Bank $560,000 $885,000 58.0% 0.7%
    CALIBER HOME LOANS, INC. $190,000 $860,000 352.6% 0.6%
    Community Bank of Mississippi $1,300,000 $820,000 -36.9% 0.6%
    NEWREZ LLC $815,000 n/a 0.6%
    Assurance Financial Group, L.L.C. $1,165,000 $675,000 -42.1% 0.5%
    TOWNE MORTGAGE COMPANY $385,000 $665,000 72.7% 0.5%
    VANDERBILT MORTGAGE AND FINANCE, INC. $325,000 $630,000 93.8% 0.5%
    Red River Bank $185,000 $620,000 235.1% 0.5%
    Progressive Bank $935,000 $560,000 -40.1% 0.4%
    American Airlines Federal Credit Union $545,000 n/a 0.4%
    PLANET HOME LENDING, LLC $135,000 $525,000 288.9% 0.4%
    Guaranty Bank & Trust Company of Delhi, Louisiana $520,000 n/a 0.4%
    GUARANTY HOME MORTGAGE CORPORATION $265,000 $520,000 96.2% 0.4%
    BETTER MORTGAGE CORPORATION $255,000 $510,000 100.0% 0.4%
    KeyBank $475,000 n/a 0.4%
    Origin Bank $1,160,000 $470,000 -59.5% 0.3%
    PNC Bank $450,000 n/a 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $450,000 n/a 0.3%
    SOUTHWEST STAGE FUNDING, LLC $65,000 $420,000 546.2% 0.3%
    UNITED BUILT HOMES, L.L.C. $420,000 n/a 0.3%
    Prosperity Bank $405,000 n/a 0.3%
    CORNERSTONE HOME LENDING, INC. $395,000 n/a 0.3%
    Southern Heritage Bank $470,000 $390,000 -17.0% 0.3%
    VILLAGE CAPITAL & INVESTMENT LLC $155,000 $390,000 151.6% 0.3%
    Paramount Residential Mortgage Group, Inc. $385,000 n/a 0.3%
    BankPlus $325,000 $380,000 16.9% 0.3%
    FBT Mortgage, L.L.C. $375,000 n/a 0.3%
    Bank of America $895,000 $370,000 -58.7% 0.3%
    Citizens Bank $370,000 n/a 0.3%
    Reliant Bank $205,000 $345,000 68.3% 0.3%
    NEW DAY FINANCIAL, LLC $605,000 $335,000 -44.6% 0.2%
    STANDARD MORTGAGE CORPORATION $520,000 $335,000 -35.6% 0.2%
    Barrington Bank & Trust Company, N.A. $55,000 $330,000 500.0% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $320,000 n/a 0.2%
    Copiah Bank $320,000 n/a 0.2%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $175,000 $315,000 80.0% 0.2%
    GUILD MORTGAGE COMPANY $105,000 $300,000 185.7% 0.2%
    ACADEMY MORTGAGE CORPORATION $295,000 n/a 0.2%
    CHEVRON $285,000 n/a 0.2%
    EVANSVILLE TEACHERS $285,000 n/a 0.2%
    North American Savings Bank, F.S.B. $285,000 n/a 0.2%
    U.S. Bank $285,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $275,000 $270,000 -1.8% 0.2%
    SUMMIT FUNDING, INC. $260,000 n/a 0.2%
    Gateway First Bank $345,000 $255,000 -26.1% 0.2%
    OPEN MORTGAGE, LLC $255,000 n/a 0.2%
    TRIAD FINANCIAL SERVICES, INC. $145,000 $235,000 62.1% 0.2%
    CHURCHILL MORTGAGE CORPORATION $195,000 $225,000 15.4% 0.2%
    FIRST COMMUNITY MORTGAGE, INC. $550,000 $225,000 -59.1% 0.2%
    USAA Federal Savings Bank $885,000 $220,000 -75.1% 0.2%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $225,000 $215,000 -4.4% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $215,000 n/a 0.2%
    BancorpSouth Bank $155,000 $205,000 32.3% 0.2%
    Eagle Bank and Trust Company $195,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $195,000 n/a 0.1%
    Synovus Bank $360,000 $195,000 -45.8% 0.1%
    Carrington Mortgage Services, LLC $190,000 n/a 0.1%
    Chicago Mortgage Solutions LLC $165,000 n/a 0.1%
    Deere Employees Credit Union $160,000 n/a 0.1%
    Low VA Rates, LLC $155,000 n/a 0.1%
    Nations Lending Corporation $155,000 n/a 0.1%
    Paramount Bank $155,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $145,000 n/a 0.1%
    MMS MORTGAGE SERVICES, LTD. $145,000 n/a 0.1%
    MOVEMENT MORTGAGE, LLC $145,000 n/a 0.1%
    SOFI LENDING CORP. $145,000 n/a 0.1%
    Discover Bank $240,000 $140,000 -41.7% 0.1%
    Hancock Whitney Bank $265,000 $135,000 -49.1% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $245,000 $135,000 -44.9% 0.1%
    LAKEVIEW LOAN SERVICING, LLC $345,000 $135,000 -60.9% 0.1%
    PLAZA HOME MORTGAGE, INC. $135,000 n/a 0.1%
    FirstBank $130,000 n/a 0.1%
    BOKF $115,000 n/a 0.1%
    FIRST SOUTH FINANCIAL $115,000 n/a 0.1%
    Pelican State Credit Union $115,000 n/a 0.1%
    SPRING EQ, LLC $115,000 n/a 0.1%
    PHH Mortgage Corporation $105,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $105,000 n/a 0.1%
    Sabine State Bank and Trust Company $85,000 $105,000 23.5% 0.1%
    MUTUAL $95,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $160,000 $85,000 -46.9% 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $525,000 $85,000 -83.8% 0.1%
    First Guaranty Mortgage Corporation $85,000 n/a 0.1%
    RED RIVER EMPLOYEES $85,000 n/a 0.1%
    Citibank $65,000 n/a 0.0%
    CSL Financial, LLC $120,000 $55,000 -54.2% 0.0%
    1st Franklin Financial Corporation $35,000 n/a 0.0%
    Secured Investment Corp. $35,000 n/a 0.0%
    b1BANK $25,000 n/a 0.0%

    Natchez's top lender by overall market share is GMFS LLC, with 13.7% market share. In second place, with 11.8%, is Concordia Bank and Trust Company, having originated $16,000,000 in loans. In third place, with 10.8%, is ANGEL OAK HOME LOANS LLC, having originated $14,570,000 in loans. In fourth place, with 10.0%, is QUICKEN LOANS, LLC, having originated $13,515,000 in loans. In fifth place, with 6.7%, is FIDELITY BANK, having originated $9,020,000 in loans.

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

    Realtor.com - Natchez (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 $190,475 (24.0%) $248,508 (-1.0%) 0.00 278
    2018-02-01 $189,700 (26.5%) $247,749 (-0.3%) 0.00 291
    2018-03-01 $185,000 (23.4%) $244,350 (-0.1%) 0.00 310
    2018-04-01 $184,500 (16.0%) $249,798 (3.0%) 0.00 335
    2018-05-01 $183,475 (6.0%) $246,035 (-4.7%) 0.00 328
    2018-06-01 $178,000 (0.6%) $245,255 (-3.2%) 0.00 358
    2018-07-01 $169,725 (-2.9%) $245,343 (1.0%) 0.00 375
    2018-08-01 $168,250 (-6.4%) $248,584 (-0.5%) 0.00 365
    2018-09-01 $170,500 (-7.8%) $258,379 (4.8%) 0.00 362
    2018-10-01 $179,000 (5.3%) $265,651 (9.0%) 0.00 356
    2018-11-01 $168,250 (-10.7%) $259,602 (3.5%) 0.00 351
    2018-12-01 $169,000 (-11.0%) $264,958 (6.9%) 0.00 328
    2019-01-01 $169,900 (-10.8%) $261,214 (5.1%) 0.00 306
    2019-02-01 $183,250 (-3.4%) $261,921 (5.7%) 0.00 310
    2019-03-01 $189,814 (2.6%) $271,127 (11.0%) 0.00 318
    2019-04-01 $189,900 (2.9%) $275,668 (10.4%) 0.00 334
    2019-05-01 $189,000 (3.0%) $264,524 (7.5%) 0.00 354
    2019-06-01 $185,500 (4.2%) $264,812 (8.0%) 0.00 362
    2019-07-01 $186,125 (9.7%) $267,101 (8.9%) 0.00 371
    2019-08-01 $182,136 (8.3%) $250,920 (0.9%) 0.00 365
    2019-09-01 $177,841 (4.3%) $245,264 (-5.1%) 0.00 359
    2019-10-01 $174,500 (-2.5%) $240,730 (-9.4%) 0.00 353
    2019-11-01 $177,000 (5.2%) $242,399 (-6.6%) 0.00 348
    2019-12-01 $174,875 (3.5%) $240,579 (-9.2%) 0.00 349
    2020-01-01 $175,500 (3.3%) $240,266 (-8.0%) 0.00 343
    2020-02-01 $183,250 (0.0%) $242,167 (-7.5%) 0.00 356
    2020-03-01 $187,750 (-1.1%) $249,256 (-8.1%) 0.00 350
    2020-04-01 $188,500 (-0.7%) $246,660 (-10.5%) 0.00 320
    2020-05-01 $185,000 (-2.1%) $248,338 (-6.1%) 0.00 302
    2020-06-01 $195,750 (5.5%) $258,180 (-2.5%) 0.00 305
    2020-07-01 $196,500 (5.6%) $257,831 (-3.5%) 0.00 305
    2020-08-01 $193,000 (6.0%) $248,382 (-1.0%) 0.00 313
    2020-09-01 $186,250 (4.7%) $248,185 (1.2%) 0.00 318
    2020-10-01 $186,500 (6.9%) $260,440 (8.2%) 0.00 311
    2020-11-01 $189,250 (6.9%) $270,350 (11.5%) 0.00 282
    2020-12-01 $187,500 (7.2%) $265,284 (10.3%) 0.00 279
    2021-01-01 $191,000 (8.8%) $278,838 (16.1%) 0.00 256
    2021-02-01 $194,375 (6.1%) $284,281 (17.4%) 0.00 238
    2021-03-01 $187,500 (-0.1%) $288,226 (15.6%) 0.00 194
    2021-04-01 $180,000 (-4.5%) $286,302 (16.1%) 0.00 177
    2021-05-01 $179,000 (-3.2%) $287,890 (15.9%) 0.00 173
    2021-06-01 $184,438 (-5.8%) $289,923 (12.3%) 0.00 175
    2021-07-01 $187,000 (-4.8%) $306,749 (19.0%) 0.00 183
    2021-08-01 $187,500 (-2.9%) $302,217 (21.7%) 0.00 187
    2021-09-01 $199,000 (6.9%) $315,473 (27.1%) 0.00 168
    2021-10-01 $195,000 (4.6%) $311,609 (19.7%) 0.00 148
    2021-11-01 $185,000 (-2.3%) $314,034 (16.2%) 0.00 143
    2021-12-01 $175,500 (-6.4%) $307,559 (15.9%) 0.00 144
    2022-01-01 $182,500 (-4.5%) $330,762 (18.6%) 0.00 131
    2022-02-01 $185,000 (-4.8%) $348,007 (22.4%) 0.00 126
    2022-03-01 $197,250 (5.2%) $342,773 (18.9%) 0.00 136
    2022-04-01 $195,000 (8.3%) $332,664 (16.2%) 0.00 140
    2022-05-01 $192,125 (7.3%) $304,069 (5.6%) 0.00 140
    2022-06-01 $216,250 (17.3%) $322,398 (11.2%) 0.00 134
    2022-07-01 $210,000 (12.3%) $308,263 (0.5%) 0.00 139
    2022-08-01 $194,925 (4.0%) $314,794 (4.2%) 0.00 123
    2022-09-01 $189,975 (-4.5%) $291,761 (-7.5%) 0.00 129
    2022-10-01 $197,250 (1.2%) $289,822 (-7.0%) 0.00 129
    2022-11-01 $195,000 (5.4%) $294,056 (-6.4%) 0.00 126
    2022-12-01 $197,000 (12.3%) $311,680 (1.3%) 0.00 124
    2023-01-01 $220,000 (20.6%) $329,716 (-0.3%) 0.00 124
    2023-02-01 $215,950 (16.7%) $322,707 (-7.3%) 0.00 125
    Natchez's median listing price for 2023-02-01 was $215,950, a difference of $30,950 (16.7%) versus the prior year and $-4,050 versus the prior month.

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

    Natchez's average listing price for 2023-02-01 was $322,707, a difference of $-25,300 (-7.3%) versus the prior year and $-7,009 versus the prior month.

    For the 2023-02-01 period, Natchez had 125 MLS listings, a difference of 1 listings (1%) versus the prior month and -1 listings (-1%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Natchez (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,146 sqft
    2018-02-01 0 days 2,136 sqft
    2018-03-01 0 days 2,020 sqft
    2018-04-01 0 days 2,031 sqft
    2018-05-01 0 days 2,000 sqft
    2018-06-01 0 days 1,989 sqft
    2018-07-01 0 days 1,934 sqft
    2018-08-01 0 days 1,959 sqft
    2018-09-01 0 days 1,966 sqft
    2018-10-01 0 days 1,998 sqft
    2018-11-01 0 days 1,948 sqft
    2018-12-01 0 days 1,955 sqft
    2019-01-01 0 days 1,930 sqft
    2019-02-01 0 days 1,940 sqft
    2019-03-01 0 days 1,983 sqft
    2019-04-01 0 days 1,967 sqft
    2019-05-01 0 days 1,998 sqft
    2019-06-01 0 days 1,990 sqft
    2019-07-01 0 days 1,982 sqft
    2019-08-01 0 days 1,965 sqft
    2019-09-01 0 days 1,943 sqft
    2019-10-01 0 days 1,925 sqft
    2019-11-01 0 days 1,951 sqft
    2019-12-01 0 days 1,945 sqft
    2020-01-01 0 days 1,965 sqft
    2020-02-01 0 days 1,975 sqft
    2020-03-01 0 days 2,005 sqft
    2020-04-01 0 days 2,001 sqft
    2020-05-01 0 days 1,998 sqft
    2020-06-01 0 days 2,080 sqft
    2020-07-01 0 days 2,082 sqft
    2020-08-01 0 days 2,058 sqft
    2020-09-01 0 days 2,048 sqft
    2020-10-01 0 days 2,045 sqft
    2020-11-01 0 days 2,063 sqft
    2020-12-01 0 days 2,051 sqft
    2021-01-01 0 days 2,068 sqft
    2021-02-01 0 days 2,038 sqft
    2021-03-01 0 days 2,024 sqft
    2021-04-01 0 days 1,919 sqft
    2021-05-01 0 days 1,881 sqft
    2021-06-01 0 days 1,902 sqft
    2021-07-01 0 days 1,927 sqft
    2021-08-01 0 days 1,950 sqft
    2021-09-01 0 days 1,977 sqft
    2021-10-01 0 days 1,930 sqft
    2021-11-01 0 days 1,932 sqft
    2021-12-01 0 days 1,906 sqft
    2022-01-01 0 days 1,965 sqft
    2022-02-01 0 days 2,212 sqft
    2022-03-01 0 days 2,252 sqft
    2022-04-01 0 days 2,133 sqft
    2022-05-01 0 days 2,012 sqft
    2022-06-01 0 days 2,177 sqft
    2022-07-01 0 days 2,130 sqft
    2022-08-01 0 days 1,906 sqft
    2022-09-01 0 days 1,862 sqft
    2022-10-01 0 days 1,849 sqft
    2022-11-01 0 days 1,891 sqft
    2022-12-01 0 days 1,891 sqft
    2023-01-01 0 days 2,031 sqft
    2023-02-01 0 days 2,016 sqft
    Natchez's median listing age (time on market) for 2023-02-01 was 0 days.

    Natchez's median square footage for active listings during the 2023-02-01 period was 2,016 sqft. One year prior, the average listing was 2,212 sqft.

    Natchez, MS-LA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 439 $72,845,000 $165,934
    Refi 289 $47,835,000 $165,519
    Cash Out Refi 80 $12,250,000 $153,125
    Home Improvement 19 $1,405,000 $73,947
    Other 11 $885,000 $80,455

    Natchez's most frequently cited loan purpose was Home Purchase, with 439 originations. The 2nd most popular reason was Refi, with 289 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 261 $46,765,000 $179,176
    3-4% 251 $41,565,000 $165,598
    <2.5% 110 $19,780,000 $179,818
    4-5% 28 $2,640,000 $94,286
    Over 8% 19 $1,675,000 $88,158
    7-8% 15 $1,235,000 $82,333
    6-7% 10 $790,000 $79,000
    5-6% 9 $965,000 $107,222

    During 2021, Natchez's most frequently originated rate bucket was 2.5-3%, with 261 originations.

    Loan Sizing (Natchez, MS-LA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 346 $49,560,000 $143,237
    $100,000 or less 273 $16,855,000 $61,740
    $200k-400k 190 $49,980,000 $263,053
    $400k-600k 25 $11,815,000 $472,600
    $600k-1000k 2 $1,460,000 $730,000
    $Over $1MM 2 $5,550,000 $2,775,000

    Natchez's loan sizing saw the bucket of loans from $100k-200k with 346 originations, totaling $49,560,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 407 $68,735,000 $168,882
    60-80% 177 $32,265,000 $182,288
    40-60% 59 $7,765,000 $131,610
    20-40% 27 $2,225,000 $82,407
    Over 100% 11 $2,265,000 $205,909
    Under 20% 9 $335,000 $37,222

    Natchez's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 407 originations, totaling $68,735,000 in origination value.