Opelousas Mortgage Rates & Closing Costs

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

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Opelousas, LA.

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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
GMFS LLC 62 3.07% $3,372
QUICKEN LOANS, LLC 52 3.12% $4,977
HOME POINT FINANCIAL CORPORATION 25 3.06% $5,360
Citizens Bank 20 3.03% $3,590
Abbeville Building & Loan (A State-Chartered Savings Bank) 18 2.94% $4,872
UNITED WHOLESALE MORTGAGE, LLC 18 3.09% $5,086
Assurance Financial Group, L.L.C. 14 3.30% $4,313
MORTGAGE FINANCIAL SERVICES, LLC 13 3.33% $4,250
Hancock Whitney Bank 12 3.02% $5,357
CRESCENT MORTGAGE COMPANY 11 3.13% $4,293
JPMorgan Chase Bank 10 3.11% $5,038
LOANDEPOT.COM, LLC 8 3.22% $4,594
STANDARD MORTGAGE CORPORATION 7 2.89% $4,153
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 2.93% $4,597
Pelican State Credit Union 6 4.65% $3,180
Jeff Davis Bancshares, Inc. 6 4.21% $1,686
First Horizon Bank 6 3.00% $3,079
EUSTIS AND AMERICAN MORTGAGE COMPANY 6 3.46% $5,069
PENNYMAC LOAN SERVICES, LLC 6 2.92% $5,594
FIDELITY BANK 6 3.02% $4,340
MOVEMENT MORTGAGE, LLC 5 3.26% $3,814
AMERISAVE MORTGAGE CORPORATION 5 3.00% $3,623
CALIBER HOME LOANS, INC. 5 3.15% $3,669
Home Bank 5 3.50% $4,227
Wells Fargo Bank 4 3.00% $3,694
TJC Mortgage, Inc. 4 2.84% $5,597
NAVY FEDERAL CREDIT UNION 4 3.41% $3,082
Ally Bank 3 2.96% $4,212
GENEVA FINANCIAL, LLC 3 3.58% $5,995
Red River Bank 3 2.83% $3,802
BETTER MORTGAGE CORPORATION 3 3.04% $1,947
ADVANCIAL 2 2.94% $3,486
BancorpSouth Bank 2 2.94% $6,925
Mortgage Research Center, LLC 2 2.50% $4,973
GUILD MORTGAGE COMPANY 2 3.12% $5,613
DHI MORTGAGE COMPANY, LTD. 2 2.75% $2,729
Carrington Mortgage Services, LLC 2 4.19% $4,238
Nations Lending Corporation 2 3.50% $4,150
ZILLOW HOME LOANS, LLC 2 2.88% $5,888
Bank of Abbeville & Trust Company 2 2.94% $2,392
Bank of England 2 3.13% $3,376
FREEDOM MORTGAGE CORPORATION 2 3.00% $1,962
AmeriHome Mortgage Company, LLC 1 3.50% $3,819
AMERICAN FINANCING CORPORATION 1 3.50% $8,411
PRIMEWAY 1 3.00% $8,163
AMERICAN FINANCIAL RESOURCES, INC. 1 3.38% $2,831
RELIANCE FIRST CAPITAL, LLC 1 3.25% $9,997
Republic State Mortgage Co. 1 2.88% $4,027
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.38% $3,500
ROYAL UNITED MORTGAGE LLC 1 3.38% $7,666
Sierra Pacific Mortgage Company, Inc. 1 2.99% $3,819
SOUTHWEST FUNDING, LP 1 3.88% $7,322
STEARNS LENDING, LLC 1 3.13% $3,382
The Evangeline Bank & Trust Company 1 5.00% $2,016
THE MORTGAGE FIRM, INC. 1 3.13% $3,916
TIB The Independent Bankersbank 1 3.00% $6,540
TRIAD FINANCIAL SERVICES, INC. 1 7.25% $5,015
CROSSCOUNTRY MORTGAGE, LLC 1 2.88% $5,904
UNION HOME MORTGAGE CORP. 1 3.13% $3,423
VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.25% $4,877
Wilmington Savings Fund Society, FSB 1 3.25% $2,592
Truist 1 2.99% $3,850
CHURCHILL MORTGAGE CORPORATION 1 3.88% $3,341
First Option Mortgage, LLC 1 3.38% $4,153
Flagstar Bank, FSB 1 2.88% $4,216
CHEVRON 1 3.25% $4,419
InterContinental Capital Group, Inc 1 3.13% $3,183
Bank of America 1 3.38% $2,977
LAKEVIEW LOAN SERVICING, LLC 1 2.63% $4,694
LEADERONE FINANCIAL CORPORATION 1 3.12% $4,330
LHM FINANCIAL CORPORATION 1 2.99% $4,241
Loan Simple, Inc. 1 2.75% $3,775
Merchants Bank of Indiana 1 3.25% $3,332
MID AMERICA MORTGAGE, INC. 1 4.63% $4,107
Morgan Stanley Private Bank 1 2.50% $3,594
ANGEL OAK HOME LOANS LLC 1 3.13% $3,797
Mr. Cooper ( Nationstar Mortgage ) 1 2.88% $5,876
NEWREZ LLC 1 2.99% $2,625
NTFN, INC. 1 2.88% $4,088

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 for 2023-02-01 was $225,000, a difference of $40,000 (21.6%) versus the prior year and $-3,550 versus the prior month.

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 listing age (time on market) for 2023-02-01 was 0 days.

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.