Opelousas Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Opelousas averaged
7.18%
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
6.91% and
one month ago for the week of 2023-02-09, the
average rate was 6.3%.
Opelousas's average rate one year ago was 4.13%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.61%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Opelousas 30 Year Fixed Rate | 2023-03-16 | 7.18% |
| Opelousas 30 Year Fixed Rate Refi | 2023-03-16 | 6.61% |
| Opelousas 15 Year Fixed Rate | 2023-03-16 | 7.07% |
| Opelousas 15 Year Fixed Rate Refi | 2023-03-16 | 5.98% |
| Opelousas 30 Year FHA | 2023-03-16 | 6.73% |
| Opelousas 30 Year FHA Refi | 2023-03-16 | 6.83% |
| Opelousas 30 Year USDA | 2023-03-16 | 6.89% |
| Opelousas 30 Year USDA Refi | 2023-03-16 | 6.74% |
| Opelousas 30 Year VA | 2023-03-16 | 6.75% |
| Opelousas 30 Year VA Refi | 2023-03-16 | 6.06% |
Opelousas 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 Opelousas, 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.).
Opelousas Average Closing Costs & Other Stats
Opelousas, LA's 79 lenders originated 1,609
loans during 2021. The total origination value was $268,135,000, with an average loan value of
$166,647.
Opelousas's average closing costs are $4,790.
The top Opelousas lender as defined by loan originations is GMFS LLC, with
62 loans originated. Their average total fees are
$3,372, which is $1,605
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Opelousas lenders (with over 10 loans originated) are
GMFS LLC ($3,372), Citizens Bank ($3,590), MORTGAGE FINANCIAL SERVICES, LLC ($4,250), CRESCENT MORTGAGE COMPANY ($4,293) and Assurance Financial Group, L.L.C. ($4,313).
The lowest rate Opelousas lenders (with over 10 loans originated) are
Abbeville Building & Loan (A State-Chartered Savings Bank) (2.94%), Hancock Whitney Bank (3.02%), Citizens Bank (3.03%), HOME POINT FINANCIAL CORPORATION (3.06%) and GMFS LLC (3.07%).
Opelousas, 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 | $25,080,000 | $25,860,000 | 3.1% | 9.6% |
| QUICKEN LOANS, LLC | $16,420,000 | $25,655,000 | 56.2% | 9.6% |
| HOME POINT FINANCIAL CORPORATION | $7,550,000 | $14,090,000 | 86.6% | 5.3% |
| Washington State Bank | $5,500,000 | $12,195,000 | 121.7% | 4.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $7,530,000 | $10,430,000 | 38.5% | 3.9% |
| Citizens Bank | $2,225,000 | $7,710,000 | 246.5% | 2.9% |
| Abbeville Building & Loan (A State-Chartered Savings Bank) | $7,245,000 | n/a | 2.7% | |
| FREEDOM MORTGAGE CORPORATION | $4,530,000 | $7,095,000 | 56.6% | 2.6% |
| Assurance Financial Group, L.L.C. | $9,825,000 | $6,845,000 | -30.3% | 2.6% |
| Hancock Whitney Bank | $5,300,000 | $6,590,000 | 24.3% | 2.5% |
| AMERICAN FINANCIAL RESOURCES, INC. | $6,490,000 | $5,560,000 | -14.3% | 2.1% |
| MORTGAGE FINANCIAL SERVICES, LLC | $4,840,000 | $4,940,000 | 2.1% | 1.8% |
| Mortgage Research Center, LLC | $2,030,000 | $4,260,000 | 109.9% | 1.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $3,650,000 | $4,240,000 | 16.2% | 1.6% |
| MID AMERICA MORTGAGE, INC. | $4,420,000 | $4,175,000 | -5.5% | 1.6% |
| Jeff Davis Bancshares, Inc. | $6,180,000 | $4,085,000 | -33.9% | 1.5% |
| LOANDEPOT.COM, LLC | $3,645,000 | $4,015,000 | 10.2% | 1.5% |
| DHI MORTGAGE COMPANY, LTD. | $3,685,000 | $3,860,000 | 4.7% | 1.4% |
| PENNYMAC LOAN SERVICES, LLC | $5,105,000 | $3,795,000 | -25.7% | 1.4% |
| CRESCENT MORTGAGE COMPANY | $2,825,000 | $3,455,000 | 22.3% | 1.3% |
| First Horizon Bank | $3,275,000 | n/a | 1.2% | |
| JPMorgan Chase Bank | $6,170,000 | $3,215,000 | -47.9% | 1.2% |
| CALIBER HOME LOANS, INC. | $2,025,000 | $3,005,000 | 48.4% | 1.1% |
| FIDELITY BANK | $4,625,000 | $2,960,000 | -36.0% | 1.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,205,000 | $2,960,000 | 34.2% | 1.1% |
| Wells Fargo Bank | $2,780,000 | $2,840,000 | 2.2% | 1.1% |
| STANDARD MORTGAGE CORPORATION | $3,350,000 | $2,770,000 | -17.3% | 1.0% |
| Home Bank | $3,810,000 | $2,650,000 | -30.4% | 1.0% |
| LAKEVIEW LOAN SERVICING, LLC | $960,000 | $2,490,000 | 159.4% | 0.9% |
| SOUTHWEST FUNDING, LP | $1,175,000 | $2,335,000 | 98.7% | 0.9% |
| 21ST MORTGAGE CORPORATION | $3,660,000 | $2,190,000 | -40.2% | 0.8% |
| The Evangeline Bank & Trust Company | $6,665,000 | $2,125,000 | -68.1% | 0.8% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,935,000 | $2,040,000 | 5.4% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $1,660,000 | $1,950,000 | 17.5% | 0.7% |
| Pelican State Credit Union | $1,395,000 | $1,910,000 | 36.9% | 0.7% |
| GENEVA FINANCIAL, LLC | $960,000 | $1,775,000 | 84.9% | 0.7% |
| St Landry Bank & Trust Company | $1,865,000 | $1,760,000 | -5.6% | 0.7% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,145,000 | $1,715,000 | 49.8% | 0.6% |
| MOVEMENT MORTGAGE, LLC | $570,000 | $1,710,000 | 200.0% | 0.6% |
| Nations Lending Corporation | $2,600,000 | $1,710,000 | -34.2% | 0.6% |
| Farmers-Merchants Bank & Trust Company | $2,220,000 | $1,680,000 | -24.3% | 0.6% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,025,000 | $1,620,000 | -20.0% | 0.6% |
| TJC Mortgage, Inc. | $1,550,000 | $1,565,000 | 1.0% | 0.6% |
| ADVANCIAL | $1,540,000 | $1,515,000 | -1.6% | 0.6% |
| PLANET HOME LENDING, LLC | $1,180,000 | $1,510,000 | 28.0% | 0.6% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,675,000 | $1,465,000 | -12.5% | 0.5% |
| First Guaranty Bank | $1,385,000 | $1,435,000 | 3.6% | 0.5% |
| BancorpSouth Bank | $1,480,000 | $1,350,000 | -8.8% | 0.5% |
| Barrington Bank & Trust Company, N.A. | $350,000 | $1,265,000 | 261.4% | 0.5% |
| GUILD MORTGAGE COMPANY | $1,260,000 | n/a | 0.5% | |
| TRIAD FINANCIAL SERVICES, INC. | $255,000 | $1,260,000 | 394.1% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $2,170,000 | $1,185,000 | -45.4% | 0.4% |
| PLAZA HOME MORTGAGE, INC. | $400,000 | $1,110,000 | 177.5% | 0.4% |
| NEWREZ LLC | $875,000 | $1,095,000 | 25.1% | 0.4% |
| Carrington Mortgage Services, LLC | $1,145,000 | $1,065,000 | -7.0% | 0.4% |
| CHEVRON | $1,065,000 | n/a | 0.4% | |
| Flagstar Bank, FSB | $220,000 | $1,065,000 | 384.1% | 0.4% |
| Bank of Abbeville & Trust Company | $1,565,000 | $1,035,000 | -33.9% | 0.4% |
| Investar Bank | $690,000 | $890,000 | 29.0% | 0.3% |
| Ally Bank | $775,000 | n/a | 0.3% | |
| MICHIGAN MUTUAL, INC. | $740,000 | n/a | 0.3% | |
| Bank of England | $1,125,000 | $700,000 | -37.8% | 0.3% |
| The Cottonport Bank | $1,035,000 | $695,000 | -32.9% | 0.3% |
| AMERICAN FINANCING CORPORATION | $145,000 | $680,000 | 369.0% | 0.3% |
| ZILLOW HOME LOANS, LLC | $155,000 | $670,000 | 332.3% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $420,000 | $650,000 | 54.8% | 0.2% |
| Bank of America | $945,000 | $640,000 | -32.3% | 0.2% |
| TOWNE MORTGAGE COMPANY | $630,000 | n/a | 0.2% | |
| Mid-Continent Funding, Inc. | $625,000 | n/a | 0.2% | |
| Red River Bank | $590,000 | $605,000 | 2.5% | 0.2% |
| AMCAP MORTGAGE, LTD. | $860,000 | $600,000 | -30.2% | 0.2% |
| CLEARPATH LENDING | $595,000 | n/a | 0.2% | |
| NTFN, INC. | $555,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $555,000 | n/a | 0.2% | |
| DIRECT MORTGAGE, CORP. | $590,000 | $525,000 | -11.0% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,745,000 | $490,000 | -71.9% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $175,000 | $485,000 | 177.1% | 0.2% |
| Citizens National Bank, N.A. | $475,000 | n/a | 0.2% | |
| Texana Bank | $465,000 | n/a | 0.2% | |
| UNION HOME MORTGAGE CORP. | $1,090,000 | $465,000 | -57.3% | 0.2% |
| b1BANK | $100,000 | $460,000 | 360.0% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $420,000 | $460,000 | 9.5% | 0.2% |
| BETTER MORTGAGE CORPORATION | $240,000 | $445,000 | 85.4% | 0.2% |
| CSL Financial, LLC | $225,000 | $440,000 | 95.6% | 0.2% |
| OCEANSIDE MORTGAGE COMPANY | $175,000 | $435,000 | 148.6% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $425,000 | n/a | 0.2% | |
| Paramount Residential Mortgage Group, Inc. | $455,000 | $420,000 | -7.7% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $760,000 | $390,000 | -48.7% | 0.1% |
| NEW DAY FINANCIAL, LLC | $935,000 | $390,000 | -58.3% | 0.1% |
| PERFORMANCE MORTGAGE LLC | $380,000 | $390,000 | 2.6% | 0.1% |
| AmeriHome Mortgage Company, LLC | $165,000 | $380,000 | 130.3% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $225,000 | $380,000 | 68.9% | 0.1% |
| Equity Prime Mortgage LLC | $205,000 | $370,000 | 80.5% | 0.1% |
| Morgan Stanley Private Bank | $365,000 | n/a | 0.1% | |
| AMERICAN FINANCIAL NETWORK, INC. | $310,000 | $360,000 | 16.1% | 0.1% |
| Merchants Bank of Indiana | $355,000 | n/a | 0.1% | |
| Louisiana USA Federal Credit Union | $340,000 | n/a | 0.1% | |
| The Bank | $455,000 | $325,000 | -28.6% | 0.1% |
| BankPlus | $320,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $865,000 | $320,000 | -63.0% | 0.1% |
| PRIMEWAY | $305,000 | n/a | 0.1% | |
| SUMMIT FUNDING, INC. | $305,000 | n/a | 0.1% | |
| Rayne State Bank & Trust Company | $630,000 | $300,000 | -52.4% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $305,000 | $285,000 | -6.6% | 0.1% |
| TIB The Independent Bankersbank | $195,000 | $285,000 | 46.2% | 0.1% |
| GUARANTEED RATE, INC. | $135,000 | $275,000 | 103.7% | 0.1% |
| LHM FINANCIAL CORPORATION | $470,000 | $265,000 | -43.6% | 0.1% |
| Community First Bank | $260,000 | n/a | 0.1% | |
| SOUTHWEST STAGE FUNDING, LLC | $750,000 | $255,000 | -66.0% | 0.1% |
| STEARNS LENDING, LLC | $1,330,000 | $255,000 | -80.8% | 0.1% |
| Truist Bank | $255,000 | n/a | 0.1% | |
| FINANCE OF AMERICA MORTGAGE LLC | $245,000 | n/a | 0.1% | |
| Gulf Coast Bank | $315,000 | $245,000 | -22.2% | 0.1% |
| MLD MORTGAGE INC. | $245,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $245,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $215,000 | n/a | 0.1% | |
| TIAA, FSB | $215,000 | n/a | 0.1% | |
| The First National Bank of Jeanerette | $265,000 | $205,000 | -22.6% | 0.1% |
| Low VA Rates, LLC | $125,000 | $200,000 | 60.0% | 0.1% |
| Loan Simple, Inc. | $195,000 | n/a | 0.1% | |
| Regions Bank | $125,000 | $190,000 | 52.0% | 0.1% |
| ACCELERATE MORTGAGE, LLC | $255,000 | $185,000 | -27.5% | 0.1% |
| La Capitol Federal Credit Union | $275,000 | $185,000 | -32.7% | 0.1% |
| Reliant Bank | $100,000 | $185,000 | 85.0% | 0.1% |
| InterContinental Capital Group, Inc | $175,000 | n/a | 0.1% | |
| The Federal Savings Bank | $175,000 | n/a | 0.1% | |
| CIS Financial Services, Inc. | $550,000 | $165,000 | -70.0% | 0.1% |
| CMG MORTGAGE, INC. | $165,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $165,000 | n/a | 0.1% | |
| Chicago Mortgage Solutions LLC | $175,000 | $155,000 | -11.4% | 0.1% |
| Gulf Coast Bank and Trust Company | $210,000 | $155,000 | -26.2% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $155,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $155,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $155,000 | n/a | 0.1% | |
| THE MORTGAGE FIRM, INC. | $155,000 | n/a | 0.1% | |
| 1st Franklin Financial Corporation | $65,000 | $150,000 | 130.8% | 0.1% |
| First Option Mortgage, LLC | $145,000 | n/a | 0.1% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $630,000 | $145,000 | -77.0% | 0.1% |
| Manufacturers and Traders Trust Company | $140,000 | n/a | 0.1% | |
| Campus Federal Credit Union | $165,000 | $130,000 | -21.2% | 0.0% |
| RED RIVER EMPLOYEES | $130,000 | n/a | 0.0% | |
| U.S. Bank | $145,000 | $130,000 | -10.3% | 0.0% |
| Republic State Mortgage Co. | $125,000 | n/a | 0.0% | |
| Peoples Bank & Trust Company of Pointe Coupee Parish, Inc | $30,000 | $120,000 | 300.0% | 0.0% |
| JEFFERSON FINANCIAL | $115,000 | n/a | 0.0% | |
| KEESLER | $115,000 | n/a | 0.0% | |
| ANGEL OAK HOME LOANS LLC | $195,000 | $105,000 | -46.2% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $380,000 | $105,000 | -72.4% | 0.0% |
| BARKSDALE | $95,000 | n/a | 0.0% | |
| Sabine State Bank and Trust Company | $875,000 | $95,000 | -89.1% | 0.0% |
| Commerce Home Mortgage, Inc. | $75,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $75,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $185,000 | $65,000 | -64.9% | 0.0% |
| Wilmington Savings Fund Society, FSB | $65,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $55,000 | n/a | 0.0% | |
| Origin Bank | $240,000 | $55,000 | -77.1% | 0.0% |
| Guaranty Bank and Trust Company | $15,000 | n/a | 0.0% |
Opelousas's top lender by overall market share is GMFS LLC, with 9.6% market share. In second place, with 9.6%, is QUICKEN LOANS, LLC, having originated $25,655,000 in loans. In third place, with 5.3%, is HOME POINT FINANCIAL CORPORATION, having originated $14,090,000 in loans. In fourth place, with 4.5%, is Washington State Bank, having originated $12,195,000 in loans. In fifth place, with 3.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $10,430,000 in loans.
Opelousas Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Opelousas (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 | $135,000 (-1.8%) | $187,134 (3.4%) | 0.00 | 277 |
| 2018-02-01 | $133,750 (-4.4%) | $187,485 (0.3%) | 0.00 | 283 |
| 2018-03-01 | $130,000 (-11.6%) | $191,071 (1.4%) | 0.00 | 295 |
| 2018-04-01 | $135,000 (-9.9%) | $193,151 (1.5%) | 0.00 | 289 |
| 2018-05-01 | $139,375 (-8.4%) | $204,821 (1.4%) | 0.00 | 282 |
| 2018-06-01 | $140,000 (-10.0%) | $202,799 (-3.3%) | 0.00 | 297 |
| 2018-07-01 | $139,900 (-6.7%) | $201,154 (-7.3%) | 0.00 | 308 |
| 2018-08-01 | $140,000 (-6.6%) | $202,538 (-1.8%) | 0.00 | 322 |
| 2018-09-01 | $141,775 (-3.4%) | $201,569 (2.7%) | 0.00 | 316 |
| 2018-10-01 | $140,388 (1.6%) | $200,375 (1.9%) | 0.00 | 328 |
| 2018-11-01 | $143,250 (2.3%) | $197,635 (1.1%) | 0.00 | 324 |
| 2018-12-01 | $147,000 (8.9%) | $200,870 (7.5%) | 0.00 | 310 |
| 2019-01-01 | $146,750 (8.7%) | $206,508 (10.4%) | 0.00 | 292 |
| 2019-02-01 | $147,500 (10.3%) | $198,082 (5.7%) | 0.00 | 300 |
| 2019-03-01 | $147,857 (13.7%) | $196,101 (2.6%) | 0.00 | 295 |
| 2019-04-01 | $145,000 (7.4%) | $191,675 (-0.8%) | 0.00 | 302 |
| 2019-05-01 | $145,225 (4.2%) | $195,865 (-4.4%) | 0.00 | 299 |
| 2019-06-01 | $146,450 (4.6%) | $199,773 (-1.5%) | 0.00 | 297 |
| 2019-07-01 | $155,000 (10.8%) | $208,448 (3.6%) | 0.00 | 285 |
| 2019-08-01 | $155,773 (11.3%) | $208,337 (2.9%) | 0.00 | 273 |
| 2019-09-01 | $153,932 (8.6%) | $206,410 (2.4%) | 0.00 | 264 |
| 2019-10-01 | $151,200 (7.7%) | $203,453 (1.5%) | 0.00 | 260 |
| 2019-11-01 | $149,900 (4.6%) | $194,420 (-1.6%) | 0.00 | 264 |
| 2019-12-01 | $144,500 (-1.7%) | $190,145 (-5.3%) | 0.00 | 268 |
| 2020-01-01 | $143,250 (-2.4%) | $187,955 (-9.0%) | 0.00 | 259 |
| 2020-02-01 | $143,000 (-3.1%) | $193,322 (-2.4%) | 0.00 | 260 |
| 2020-03-01 | $148,000 (0.1%) | $201,530 (2.8%) | 0.00 | 261 |
| 2020-04-01 | $149,000 (2.8%) | $205,516 (7.2%) | 0.00 | 259 |
| 2020-05-01 | $149,750 (3.1%) | $210,859 (7.7%) | 0.00 | 239 |
| 2020-06-01 | $157,000 (7.2%) | $212,004 (6.1%) | 0.00 | 228 |
| 2020-07-01 | $156,500 (1.0%) | $211,662 (1.5%) | 0.00 | 208 |
| 2020-08-01 | $159,000 (2.1%) | $204,576 (-1.8%) | 0.00 | 190 |
| 2020-09-01 | $161,950 (5.2%) | $221,547 (7.3%) | 0.00 | 181 |
| 2020-10-01 | $159,900 (5.8%) | $222,586 (9.4%) | 0.00 | 165 |
| 2020-11-01 | $164,500 (9.7%) | $233,964 (20.3%) | 0.00 | 160 |
| 2020-12-01 | $166,000 (14.9%) | $251,137 (32.1%) | 0.00 | 141 |
| 2021-01-01 | $180,000 (25.7%) | $260,380 (38.5%) | 0.00 | 136 |
| 2021-02-01 | $169,000 (18.2%) | $265,225 (37.2%) | 0.00 | 123 |
| 2021-03-01 | $178,200 (20.4%) | $277,130 (37.5%) | 0.00 | 105 |
| 2021-04-01 | $169,700 (13.9%) | $266,395 (29.6%) | 0.00 | 102 |
| 2021-05-01 | $186,000 (24.2%) | $287,470 (36.3%) | 0.00 | 95 |
| 2021-06-01 | $181,175 (15.4%) | $278,987 (31.6%) | 0.00 | 91 |
| 2021-07-01 | $169,500 (8.3%) | $265,843 (25.6%) | 0.00 | 92 |
| 2021-08-01 | $183,750 (15.6%) | $271,747 (32.8%) | 0.00 | 90 |
| 2021-09-01 | $182,500 (12.7%) | $272,248 (22.9%) | 0.00 | 92 |
| 2021-10-01 | $185,000 (15.7%) | $282,849 (27.1%) | 0.00 | 93 |
| 2021-11-01 | $190,550 (15.8%) | $306,667 (31.1%) | 0.00 | 99 |
| 2021-12-01 | $185,925 (12.0%) | $289,806 (15.4%) | 0.00 | 93 |
| 2022-01-01 | $185,000 (2.8%) | $284,138 (9.1%) | 0.00 | 99 |
| 2022-02-01 | $185,000 (9.5%) | $282,109 (6.4%) | 0.00 | 97 |
| 2022-03-01 | $187,250 (5.1%) | $262,243 (-5.4%) | 0.00 | 107 |
| 2022-04-01 | $188,700 (11.2%) | $250,471 (-6.0%) | 0.00 | 113 |
| 2022-05-01 | $179,900 (-3.3%) | $234,377 (-18.5%) | 0.00 | 120 |
| 2022-06-01 | $190,750 (5.3%) | $244,978 (-12.2%) | 0.00 | 117 |
| 2022-07-01 | $208,000 (22.7%) | $258,835 (-2.6%) | 0.00 | 125 |
| 2022-08-01 | $219,500 (19.5%) | $261,191 (-3.9%) | 0.00 | 137 |
| 2022-09-01 | $213,875 (17.2%) | $289,952 (6.5%) | 0.00 | 147 |
| 2022-10-01 | $201,750 (9.1%) | $320,029 (13.1%) | 0.00 | 162 |
| 2022-11-01 | $214,375 (12.5%) | $336,627 (9.8%) | 0.00 | 163 |
| 2022-12-01 | $225,000 (21.0%) | $347,771 (20.0%) | 0.00 | 151 |
| 2023-01-01 | $228,550 (23.5%) | $342,984 (20.7%) | 0.00 | 153 |
| 2023-02-01 | $225,000 (21.6%) | $335,943 (19.1%) | 0.00 | 162 |
Opelousas's median listing price comes in at 0% of the national average.
Opelousas's average listing price for 2023-02-01 was $335,943, a difference of $53,834 (19.1%) versus the prior year and $-7,041 versus the prior month.
For the 2023-02-01 period, Opelousas had 162 MLS listings, a difference of 9 listings (6%) versus the prior month and 65 listings (67%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Opelousas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,700 sqft |
| 2018-02-01 | 0 days | 1,704 sqft |
| 2018-03-01 | 0 days | 1,706 sqft |
| 2018-04-01 | 0 days | 1,703 sqft |
| 2018-05-01 | 0 days | 1,746 sqft |
| 2018-06-01 | 0 days | 1,799 sqft |
| 2018-07-01 | 0 days | 1,774 sqft |
| 2018-08-01 | 0 days | 1,794 sqft |
| 2018-09-01 | 0 days | 1,736 sqft |
| 2018-10-01 | 0 days | 1,743 sqft |
| 2018-11-01 | 0 days | 1,780 sqft |
| 2018-12-01 | 0 days | 1,800 sqft |
| 2019-01-01 | 0 days | 1,813 sqft |
| 2019-02-01 | 0 days | 1,798 sqft |
| 2019-03-01 | 0 days | 1,770 sqft |
| 2019-04-01 | 0 days | 1,748 sqft |
| 2019-05-01 | 0 days | 1,787 sqft |
| 2019-06-01 | 0 days | 1,802 sqft |
| 2019-07-01 | 0 days | 1,828 sqft |
| 2019-08-01 | 0 days | 1,823 sqft |
| 2019-09-01 | 0 days | 1,811 sqft |
| 2019-10-01 | 0 days | 1,801 sqft |
| 2019-11-01 | 0 days | 1,800 sqft |
| 2019-12-01 | 0 days | 1,761 sqft |
| 2020-01-01 | 0 days | 1,755 sqft |
| 2020-02-01 | 0 days | 1,800 sqft |
| 2020-03-01 | 0 days | 1,823 sqft |
| 2020-04-01 | 0 days | 1,839 sqft |
| 2020-05-01 | 0 days | 1,860 sqft |
| 2020-06-01 | 0 days | 1,883 sqft |
| 2020-07-01 | 0 days | 1,855 sqft |
| 2020-08-01 | 0 days | 1,883 sqft |
| 2020-09-01 | 0 days | 1,899 sqft |
| 2020-10-01 | 0 days | 1,847 sqft |
| 2020-11-01 | 0 days | 1,877 sqft |
| 2020-12-01 | 0 days | 1,870 sqft |
| 2021-01-01 | 0 days | 1,871 sqft |
| 2021-02-01 | 0 days | 1,817 sqft |
| 2021-03-01 | 0 days | 1,898 sqft |
| 2021-04-01 | 0 days | 1,919 sqft |
| 2021-05-01 | 0 days | 1,812 sqft |
| 2021-06-01 | 0 days | 1,785 sqft |
| 2021-07-01 | 0 days | 1,591 sqft |
| 2021-08-01 | 0 days | 1,807 sqft |
| 2021-09-01 | 0 days | 1,843 sqft |
| 2021-10-01 | 0 days | 1,924 sqft |
| 2021-11-01 | 0 days | 1,817 sqft |
| 2021-12-01 | 0 days | 1,754 sqft |
| 2022-01-01 | 0 days | 1,800 sqft |
| 2022-02-01 | 0 days | 1,830 sqft |
| 2022-03-01 | 0 days | 1,778 sqft |
| 2022-04-01 | 0 days | 1,769 sqft |
| 2022-05-01 | 0 days | 1,801 sqft |
| 2022-06-01 | 0 days | 1,843 sqft |
| 2022-07-01 | 0 days | 1,876 sqft |
| 2022-08-01 | 0 days | 1,939 sqft |
| 2022-09-01 | 0 days | 1,913 sqft |
| 2022-10-01 | 0 days | 1,800 sqft |
| 2022-11-01 | 0 days | 1,875 sqft |
| 2022-12-01 | 0 days | 1,875 sqft |
| 2023-01-01 | 0 days | 1,874 sqft |
| 2023-02-01 | 0 days | 1,872 sqft |
Opelousas's median square footage for active listings during the 2023-02-01 period was 1,872 sqft. One year prior, the average listing was 1,830 sqft.
Opelousas, LA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 775 | $126,965,000 | $163,826 |
| Refi | 583 | $103,195,000 | $177,007 |
| Cash Out Refi | 186 | $32,500,000 | $174,731 |
| Other | 33 | $3,285,000 | $99,545 |
| Home Improvement | 32 | $2,190,000 | $68,438 |
Opelousas's most frequently cited loan purpose was Home Purchase, with 775 originations. The 2nd most popular reason was Refi, with 583 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 546 | $99,940,000 | $183,040 |
| 3-4% | 434 | $76,050,000 | $175,230 |
| <2.5% | 276 | $53,310,000 | $193,152 |
| 4-5% | 68 | $8,660,000 | $127,353 |
| Over 8% | 47 | $3,055,000 | $65,000 |
| 5-6% | 38 | $3,050,000 | $80,263 |
| 6-7% | 24 | $1,830,000 | $76,250 |
| 7-8% | 20 | $1,960,000 | $98,000 |
During 2021, Opelousas's most frequently originated rate bucket was 2.5-3%, with 546 originations.
Loan Sizing (Opelousas, LA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 701 | $102,655,000 | $146,441 |
| $100,000 or less | 440 | $28,420,000 | $64,591 |
| $200k-400k | 422 | $111,710,000 | $264,716 |
| $400k-600k | 41 | $19,515,000 | $475,976 |
| $600k-1000k | 4 | $2,840,000 | $710,000 |
| $Over $1MM | 1 | $2,995,000 | $2,995,000 |
Opelousas's loan sizing saw the bucket of loans from $100k-200k with 701 originations, totaling $102,655,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 761 | $134,825,000 | $177,168 |
| 60-80% | 369 | $68,135,000 | $184,648 |
| 40-60% | 140 | $19,400,000 | $138,571 |
| 20-40% | 64 | $6,550,000 | $102,344 |
| Over 100% | 32 | $6,620,000 | $206,875 |
| Under 20% | 29 | $1,585,000 | $54,655 |
Opelousas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 761 originations, totaling $134,825,000 in origination value.