Picayune Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in Picayune averaged 6.68% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 7% and one month ago for the week of 2025-03-06, the average rate was 6.89%.

    Picayune's average rate one year ago was 7.18%.

    For refis of the same type during the week of 2025-04-10, the average rate was 6.82%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Picayune 30 Year Fixed Rate 2025-04-10 6.68%
    Picayune 30 Year Fixed Rate Refi 2025-04-10 6.82%
    Picayune 15 Year Fixed Rate 2025-04-10 5.72%
    Picayune 15 Year Fixed Rate Refi 2025-04-10 6.22%
    Picayune 30 Year FHA 2025-04-10 6.23%
    Picayune 30 Year FHA Refi 2025-04-10 6.33%
    Picayune 30 Year USDA 2025-04-10 6.25%
    Picayune 30 Year USDA Refi 2025-04-10 6.55%
    Picayune 30 Year VA 2025-04-10 6.57%
    Picayune 30 Year VA Refi 2025-04-10 6.39%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Picayune, MS.

    Picayune 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 Picayune, MS 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    BankPlus 24 6.71% $3,652
    GMFS LLC 17 6.83% $4,886
    QUICKEN LOANS, LLC 17 6.81% $6,710
    EUSTIS AND AMERICAN MORTGAGE COMPANY 12 6.76% $6,095
    PLANET HOME LENDING, LLC 11 6.55% $6,043
    Hancock Whitney Bank 9 6.51% $4,098
    PRIMELENDING, A PLAINSCAPITAL COMPANY 7 7.06% $7,477
    STANDARD MORTGAGE CORPORATION 5 6.30% $5,046
    UNITED WHOLESALE MORTGAGE, LLC 5 7.15% $4,341
    KEESLER 5 6.90% $3,216
    CROSSCOUNTRY MORTGAGE, LLC 5 7.28% $6,084
    Wells Fargo Bank 4 6.66% $3,851
    NAVY FEDERAL CREDIT UNION 4 7.25% $3,356
    Regions Bank 4 6.97% $4,873
    Gulf Coast Bank and Trust Company 4 6.53% $6,231
    Trustmark National Bank 3 6.71% $9,205
    FIDELITY BANK 3 7.58% $12,609
    S1L, Inc. 3 6.29% $11,469
    BROKER SOLUTIONS, INC. 3 6.91% $4,832
    Citizens Bank 3 6.37% $3,985
    JPMorgan Chase Bank 3 6.83% $2,208
    VANDERBILT MORTGAGE AND FINANCE, INC. 3 8.91% $4,422
    LOANDEPOT.COM, LLC 3 6.87% $4,670
    T2 FINANCIAL LLC 2 7.56% $12,347
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.50% $6,710
    CMG MORTGAGE, INC. 2 6.50% $8,009
    GUARANTEED RATE, INC. 2 6.62% $4,909
    Magnolia Bank 2 6.63% $4,539
    Carrington Mortgage Services, LLC 2 7.19% $7,507
    CHURCHILL MORTGAGE CORPORATION 2 6.88% $7,452
    SOUTHWEST FUNDING, LP 2 6.56% $9,086
    Wolfe Financial, Inc 1 6.50% $4,482
    American Mortgage & Equity Consultants, Inc. 1 6.63% $5,149
    BancorpSouth 1 7.00% $3,709
    CARDINAL FINANCIAL 1 7.50% $16,549
    CHEVRON 1 6.50% $3,105
    DSLD MORTGAGE, LLC 1 6.12% $4,014
    EMM LOANS LLC 1 7.13% $6,544
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $5,764
    Flagstar Bank, FSB 1 7.13% $4,047
    INTERLINC MORTGAGE SERVICES, LLC 1 6.63% $5,103
    LAKEVIEW LOAN SERVICING, LLC 1 7.88% $5,837
    MEMBER FIRST MORTGAGE, LLC 1 6.63% $4,065
    Merchants & Marine Bank 1 6.75% $6,744
    MOVEMENT MORTGAGE, LLC 1 7.13% $5,956
    Mr. Cooper ( Nationstar Mortgage ) 1 6.49% $9,731
    PENNYMAC LOAN SERVICES, LLC 1 7.63% $3,678
    PHH Mortgage Corporation 1 8.13% $7,385
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.88% $5,604
    RESOURCE FINANCIAL SERVICES, INC. 1 6.99% $3,984
    ROYAL UNITED MORTGAGE LLC 1 7.00% $5,928
    SIRVA MORTGAGE, INC. 1 6.13% $2,450
    THE MORTGAGE FIRM, INC. 1 6.99% $3,916
    TOWNE MORTGAGE COMPANY 1 6.63% $5,476
    USAA Federal Savings Bank 1 6.50% $4,296
    21ST MORTGAGE CORPORATION 1 8.48% $6,046

    Picayune Average Closing Costs & Other Stats

    Picayune, MS's 56 lenders originated 1,032 loans during 2024. The total origination value was $183,830,000, with an average loan value of $178,130.

    Picayune's average closing costs are $5,597.

    The top Picayune lender as defined by loan originations is BankPlus, with 24 loans originated. Their average total fees are $3,652, which is $1,235 lower than the next largest lender, GMFS LLC.

    The lowest fee Picayune lenders (with over 10 loans originated) are BankPlus ($3,652), GMFS LLC ($4,886), PLANET HOME LENDING, LLC ($6,043), EUSTIS AND AMERICAN MORTGAGE COMPANY ($6,095) and QUICKEN LOANS, LLC ($6,710).

    The lowest rate Picayune lenders (with over 10 loans originated) are PLANET HOME LENDING, LLC (6.55%), BankPlus (6.71%), EUSTIS AND AMERICAN MORTGAGE COMPANY (6.76%), QUICKEN LOANS, LLC (6.81%) and GMFS LLC (6.83%).

    Picayune, MS 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    PLANET HOME LENDING, LLC $16,470,000 $19,290,000 17.1% 10.5%
    BankPlus $12,460,000 $15,005,000 20.4% 8.2%
    Mortgage Research Center, LLC $4,895,000 $10,745,000 119.5% 5.8%
    KEESLER $9,440,000 $10,380,000 10.0% 5.6%
    QUICKEN LOANS, LLC $11,470,000 $9,795,000 -14.6% 5.3%
    First National Bank of Picayune $13,245,000 $8,365,000 -36.8% 4.6%
    GMFS LLC $10,310,000 $8,245,000 -20.0% 4.5%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $5,170,000 $7,550,000 46.0% 4.1%
    Hancock Whitney Bank $6,135,000 $5,605,000 -8.6% 3.0%
    UNITED WHOLESALE MORTGAGE, LLC $2,565,000 $4,835,000 88.5% 2.6%
    NAVY FEDERAL CREDIT UNION $3,905,000 $4,380,000 12.2% 2.4%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $2,295,000 $4,155,000 81.0% 2.3%
    Gulf Coast Bank and Trust Company $1,275,000 $3,575,000 180.4% 1.9%
    FREEDOM MORTGAGE CORPORATION $535,000 $3,510,000 556.1% 1.9%
    Trustmark National Bank $1,225,000 $2,785,000 127.3% 1.5%
    21ST MORTGAGE CORPORATION $2,380,000 $2,675,000 12.4% 1.5%
    CROSSCOUNTRY MORTGAGE, LLC $3,320,000 $2,660,000 -19.9% 1.4%
    Regions Bank $3,820,000 $2,640,000 -30.9% 1.4%
    PENNYMAC LOAN SERVICES, LLC $1,390,000 $2,265,000 62.9% 1.2%
    BROKER SOLUTIONS, INC. $1,165,000 $2,260,000 94.0% 1.2%
    STANDARD MORTGAGE CORPORATION $1,010,000 $1,995,000 97.5% 1.1%
    CMG MORTGAGE, INC. $2,915,000 $1,830,000 -37.2% 1.0%
    FIDELITY BANK $635,000 $1,735,000 173.2% 0.9%
    LOANDEPOT.COM, LLC $2,135,000 $1,645,000 -23.0% 0.9%
    NEWREZ LLC $450,000 $1,500,000 233.3% 0.8%
    BancorpSouth $735,000 $1,475,000 100.7% 0.8%
    STOCKTON MORTGAGE CORPORATION $360,000 $1,445,000 301.4% 0.8%
    TRIAD FINANCIAL SERVICES, INC. $1,265,000 $1,415,000 11.9% 0.8%
    S1L, Inc. $1,315,000 n/a 0.7%
    TOWNE MORTGAGE COMPANY $1,295,000 n/a 0.7%
    First Southern Bank $1,180,000 $1,270,000 7.6% 0.7%
    T2 FINANCIAL LLC $385,000 $1,175,000 205.2% 0.6%
    VANDERBILT MORTGAGE AND FINANCE, INC. $695,000 $1,035,000 48.9% 0.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,130,000 $1,000,000 -53.1% 0.5%
    The First, A National Banking Association $1,135,000 $935,000 -17.6% 0.5%
    Carrington Mortgage Services, LLC $505,000 $900,000 78.2% 0.5%
    USAA Federal Savings Bank $780,000 $900,000 15.4% 0.5%
    Resource Bank $365,000 $895,000 145.2% 0.5%
    FIRST COLONY MORTGAGE CORPORATION $790,000 n/a 0.4%
    CARDINAL FINANCIAL $880,000 $775,000 -11.9% 0.4%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $775,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $925,000 $715,000 -22.7% 0.4%
    Southern Bancorp Bank $505,000 $710,000 40.6% 0.4%
    CORNERSTONE HOME LENDING, INC. $700,000 n/a 0.4%
    LAKEVIEW LOAN SERVICING, LLC $690,000 n/a 0.4%
    Magnolia Bank $480,000 $690,000 43.8% 0.4%
    SOUTHWEST FUNDING, LP $690,000 n/a 0.4%
    UNION HOME MORTGAGE CORP. $1,460,000 $645,000 -55.8% 0.4%
    Merchants & Marine Bank $325,000 $610,000 87.7% 0.3%
    OCMBC, INC. $610,000 n/a 0.3%
    Citizens Bank $515,000 $600,000 16.5% 0.3%
    Heritage Bank of St Tammany $145,000 $600,000 313.8% 0.3%
    Discover Bank $385,000 $590,000 53.2% 0.3%
    GUARANTEED RATE, INC. $420,000 $585,000 39.3% 0.3%
    Presidential Bank, FSB $565,000 n/a 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $540,000 n/a 0.3%
    Equity Prime Mortgage LLC $530,000 n/a 0.3%
    JPMorgan Chase Bank $1,030,000 $520,000 -49.5% 0.3%
    First Federal Bank $505,000 n/a 0.3%
    The Peoples Bank, Biloxi, Mississippi $155,000 $490,000 216.1% 0.3%
    Wells Fargo Bank $745,000 $490,000 -34.2% 0.3%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $470,000 n/a 0.3%
    MOVEMENT MORTGAGE, LLC $585,000 $470,000 -19.7% 0.3%
    American Mortgage & Equity Consultants, Inc. $460,000 n/a 0.3%
    NEW DAY FINANCIAL, LLC $1,185,000 $460,000 -61.2% 0.3%
    CHURCHILL MORTGAGE CORPORATION $55,000 $455,000 727.3% 0.2%
    Barrington Bank & Trust Company, N.A. $105,000 $450,000 328.6% 0.2%
    DELMAR FINANCIAL COMPANY $1,035,000 $450,000 -56.5% 0.2%
    Wolfe Financial, Inc $450,000 n/a 0.2%
    Flagstar Bank, FSB $370,000 $425,000 14.9% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $245,000 $400,000 63.3% 0.2%
    SOUTHWEST STAGE FUNDING, LLC $840,000 $395,000 -53.0% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $2,065,000 $385,000 -81.4% 0.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $480,000 $385,000 -19.8% 0.2%
    Metairie Bank & Trust Company $365,000 n/a 0.2%
    First Bank $355,000 n/a 0.2%
    Bank of Louisiana $315,000 n/a 0.2%
    DSLD MORTGAGE, LLC $315,000 n/a 0.2%
    ROYAL UNITED MORTGAGE LLC $310,000 $315,000 1.6% 0.2%
    The Citizens Bank of Philadelphia, Mississippi $315,000 n/a 0.2%
    Century Mortgage Company DBA Century Lending Company $305,000 n/a 0.2%
    SIRVA MORTGAGE, INC. $295,000 n/a 0.2%
    PHH Mortgage Corporation $285,000 n/a 0.2%
    U.S. Bank $275,000 n/a 0.1%
    PREMIA MORTGAGE, LLC $265,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $105,000 $255,000 142.9% 0.1%
    INTERLINC MORTGAGE SERVICES, LLC $255,000 $240,000 -5.9% 0.1%
    Arvest Bank $235,000 n/a 0.1%
    RESOURCE FINANCIAL SERVICES, INC. $225,000 n/a 0.1%
    MEMBER FIRST MORTGAGE, LLC $345,000 $205,000 -40.6% 0.1%
    ACOPIA, LLC $195,000 n/a 0.1%
    Citizens National Bank, N.A. $195,000 n/a 0.1%
    Jefferson Parish Employees FCU $195,000 n/a 0.1%
    THE MORTGAGE FIRM, INC. $195,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $135,000 $175,000 29.6% 0.1%
    EMM LOANS LLC $175,000 n/a 0.1%
    Nations Lending Corporation $170,000 n/a 0.1%
    Citadel Servicing Corporation $165,000 n/a 0.1%
    Cornerstone First Mortgage, Inc $245,000 $165,000 -32.7% 0.1%
    Figure Lending LLC $170,000 $165,000 -2.9% 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $155,000 n/a 0.1%
    The Citizens National Bank of Meridian $205,000 $155,000 -24.4% 0.1%
    Bank of England $590,000 $145,000 -75.4% 0.1%
    PREMIER MORTGAGE RESOURCES, L.L.C. $145,000 n/a 0.1%
    Citizens Bank $515,000 $140,000 -72.8% 0.1%
    CHEVRON $125,000 n/a 0.1%
    LAND HOME FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
    SUMMIT FUNDING, INC. $420,000 $115,000 -72.6% 0.1%
    DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.1%
    LONGBRIDGE FINANCIAL, LLC $95,000 n/a 0.1%
    PLAZA HOME MORTGAGE, INC. $185,000 $95,000 -48.6% 0.1%
    SUNBELT Federal Credit Union $45,000 $85,000 88.9% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $155,000 $75,000 -51.6% 0.0%
    AFFORDABLE MORTGAGE ADVISORS, LLC. $65,000 n/a 0.0%
    CSL Financial, LLC $610,000 $65,000 -89.3% 0.0%
    PENTAGON FEDERAL CREDIT UNION $145,000 $65,000 -55.2% 0.0%
    Coastal Community Bank $55,000 $55,000 0.0% 0.0%
    SPRING EQ, LLC $45,000 n/a 0.0%
    CIS Financial Services, Inc. $580,000 $35,000 -94.0% 0.0%
    THE NEW ORLEANS FIREMEN'S FEDERAL CREDIT UNION $25,000 n/a 0.0%

    Picayune's top lender by overall market share is PLANET HOME LENDING, LLC, with 10.5% market share. In second place, with 8.2%, is BankPlus, having originated $15,005,000 in loans. In third place, with 5.8%, is Mortgage Research Center, LLC, having originated $10,745,000 in loans. In fourth place, with 5.6%, is KEESLER, having originated $10,380,000 in loans. In fifth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $9,795,000 in loans.

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

    Realtor.com - Picayune (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 $175,000 (-2.7%) $262,403 (12.4%) 0.00 316
    2018-02-01 $173,650 (-0.8%) $262,310 (12.5%) 0.00 318
    2018-03-01 $171,900 (-2.0%) $268,859 (14.6%) 0.00 310
    2018-04-01 $181,950 (7.0%) $275,722 (20.3%) 0.00 300
    2018-05-01 $182,075 (5.9%) $286,120 (24.6%) 0.00 309
    2018-06-01 $189,000 (10.4%) $287,590 (23.3%) 0.00 309
    2018-07-01 $186,875 (3.9%) $291,029 (22.3%) 0.00 297
    2018-08-01 $185,750 (2.9%) $290,111 (21.5%) 0.00 297
    2018-09-01 $182,700 (1.6%) $289,759 (21.5%) 0.00 304
    2018-10-01 $179,850 (-5.3%) $289,097 (16.7%) 0.00 287
    2018-11-01 $169,900 (-7.1%) $265,367 (6.0%) 0.00 286
    2018-12-01 $175,000 (-2.2%) $271,250 (3.3%) 0.00 277
    2019-01-01 $174,950 (0.0%) $263,796 (0.5%) 0.00 268
    2019-02-01 $179,900 (3.6%) $273,419 (4.2%) 0.00 273
    2019-03-01 $182,086 (5.9%) $277,548 (3.2%) 0.00 286
    2019-04-01 $185,000 (1.7%) $282,967 (2.6%) 0.00 294
    2019-05-01 $189,900 (4.3%) $286,558 (0.2%) 0.00 293
    2019-06-01 $189,900 (0.5%) $284,459 (-1.1%) 0.00 297
    2019-07-01 $180,450 (-3.4%) $266,249 (-8.5%) 0.00 297
    2019-08-01 $182,391 (-1.8%) $267,263 (-7.9%) 0.00 306
    2019-09-01 $186,502 (2.1%) $268,391 (-7.4%) 0.00 304
    2019-10-01 $188,893 (5.0%) $269,042 (-6.9%) 0.00 304
    2019-11-01 $179,900 (5.9%) $255,005 (-3.9%) 0.00 298
    2019-12-01 $172,500 (-1.4%) $244,449 (-9.9%) 0.00 284
    2020-01-01 $172,500 (-1.4%) $235,148 (-10.9%) 0.00 258
    2020-02-01 $174,950 (-2.8%) $237,137 (-13.3%) 0.00 260
    2020-03-01 $180,825 (-0.7%) $242,491 (-12.6%) 0.00 232
    2020-04-01 $186,000 (0.5%) $253,113 (-10.6%) 0.00 214
    2020-05-01 $199,900 (5.3%) $275,783 (-3.8%) 0.00 195
    2020-06-01 $197,500 (4.0%) $287,986 (1.2%) 0.00 178
    2020-07-01 $199,990 (10.8%) $288,707 (8.4%) 0.00 178
    2020-08-01 $207,000 (13.5%) $291,879 (9.2%) 0.00 160
    2020-09-01 $247,725 (32.8%) $305,905 (14.0%) 0.00 146
    2020-10-01 $214,950 (13.8%) $295,192 (9.7%) 0.00 150
    2020-11-01 $227,450 (26.4%) $307,365 (20.5%) 0.00 140
    2020-12-01 $227,450 (31.9%) $320,536 (31.1%) 0.00 144
    2021-01-01 $225,000 (30.4%) $315,414 (34.1%) 0.00 140
    2021-02-01 $227,350 (30.0%) $327,247 (38.0%) 0.00 126
    2021-03-01 $217,500 (20.3%) $331,255 (36.6%) 0.00 106
    2021-04-01 $237,000 (27.4%) $349,297 (38.0%) 0.00 88
    2021-05-01 $237,000 (18.6%) $428,834 (55.5%) 0.00 79
    2021-06-01 $239,500 (21.3%) $425,805 (47.9%) 0.00 86
    2021-07-01 $243,600 (21.8%) $501,161 (73.6%) 0.00 96
    2021-08-01 $229,000 (10.6%) $462,322 (58.4%) 0.00 101
    2021-09-01 $237,860 (-4.0%) $465,657 (52.2%) 0.00 103
    2021-10-01 $229,700 (6.9%) $388,306 (31.5%) 0.00 123
    2021-11-01 $224,900 (-1.1%) $380,161 (23.7%) 0.00 124
    2021-12-01 $237,080 (4.2%) $391,327 (22.1%) 0.00 112
    2022-01-01 $233,000 (3.6%) $402,965 (27.8%) 0.00 101
    2022-02-01 $228,000 (0.3%) $428,648 (31.0%) 0.00 89
    2022-03-01 $229,500 (5.5%) $430,398 (29.9%) 0.00 85
    2022-04-01 $250,050 (5.5%) $460,690 (31.9%) 0.00 85
    2022-05-01 $254,846 (7.5%) $442,764 (3.3%) 0.00 97
    2022-06-01 $260,000 (8.6%) $419,863 (-1.4%) 0.00 116
    2022-07-01 $265,000 (8.8%) $439,876 (-12.2%) 0.00 138
    2022-08-01 $259,475 (13.3%) $441,252 (-4.6%) 0.00 144
    2022-09-01 $260,000 (9.3%) $387,213 (-16.9%) 0.00 156
    2022-10-01 $269,900 (17.5%) $351,114 (-9.6%) 0.00 151
    2022-11-01 $266,125 (18.3%) $346,002 (-9.0%) 0.00 161
    2022-12-01 $265,250 (11.9%) $347,320 (-11.3%) 0.00 164
    2023-01-01 $261,330 (12.2%) $334,589 (-17.0%) 0.00 145
    2023-02-01 $259,923 (14.0%) $317,154 (-26.0%) 0.00 125
    2023-03-01 $259,945 (13.3%) $330,202 (-23.3%) 0.00 134
    2023-04-01 $269,000 (7.6%) $362,682 (-21.3%) 0.00 124
    2023-05-01 $264,450 (3.8%) $376,307 (-15.0%) 0.00 127
    2023-06-01 $286,625 (10.2%) $392,785 (-6.5%) 0.00 124
    2023-07-01 $267,450 (0.9%) $347,848 (-20.9%) 0.00 121
    2023-08-01 $264,500 (1.9%) $335,157 (-24.0%) 0.00 133
    2023-09-01 $280,000 (7.7%) $355,496 (-8.2%) 0.00 165
    2023-10-01 $281,875 (4.4%) $358,075 (2.0%) 0.00 174
    2023-11-01 $289,725 (8.9%) $369,489 (6.8%) 0.00 168
    2023-12-01 $281,755 (6.2%) $378,863 (9.1%) 0.00 170
    2024-01-01 $290,000 (11.0%) $390,364 (16.7%) 0.00 155
    2024-02-01 $283,005 (8.9%) $393,303 (24.0%) 0.00 152
    2024-03-01 $287,500 (10.6%) $395,102 (19.7%) 0.00 161
    2024-04-01 $299,700 (11.4%) $400,065 (10.3%) 0.00 166
    2024-05-01 $318,750 (20.5%) $378,161 (0.5%) 0.00 172
    2024-06-01 $320,000 (11.6%) $377,638 (-3.9%) 0.00 181
    2024-07-01 $316,250 (18.3%) $370,366 (6.5%) 0.00 203
    2024-08-01 $312,000 (18.0%) $366,271 (9.3%) 0.00 207
    2024-09-01 $306,400 (9.4%) $362,722 (2.0%) 0.00 226
    2024-10-01 $296,450 (5.2%) $355,276 (-0.8%) 0.00 230
    2024-11-01 $298,000 (2.9%) $357,420 (-3.3%) 0.00 224
    2024-12-01 $298,200 (5.8%) $339,162 (-10.5%) 0.00 214
    2025-01-01 $294,725 (1.6%) $347,398 (-11.0%) 0.00 220
    2025-02-01 $283,450 (0.2%) $348,045 (-11.5%) 0.00 237
    2025-03-01 $285,000 (-0.9%) $354,820 (-10.2%) 0.00 236
    Picayune's median listing price for 2025-03-01 was $285,000, a difference of $-2,500 (-0.9%) versus the prior year and $1,550 versus the prior month.

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

    Picayune's average listing price for 2025-03-01 was $354,820, a difference of $-40,282 (-10.2%) versus the prior year and $6,775 versus the prior month.

    For the 2025-03-01 period, Picayune had 236 MLS listings, a difference of -1 listings (0%) versus the prior month and 75 listings (47%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Picayune (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,001 sqft
    2018-02-01 0 days 2,000 sqft
    2018-03-01 0 days 1,999 sqft
    2018-04-01 0 days 2,027 sqft
    2018-05-01 0 days 2,002 sqft
    2018-06-01 0 days 1,998 sqft
    2018-07-01 0 days 1,988 sqft
    2018-08-01 0 days 1,997 sqft
    2018-09-01 0 days 2,016 sqft
    2018-10-01 0 days 2,002 sqft
    2018-11-01 0 days 1,935 sqft
    2018-12-01 0 days 1,985 sqft
    2019-01-01 0 days 1,984 sqft
    2019-02-01 0 days 1,983 sqft
    2019-03-01 0 days 1,968 sqft
    2019-04-01 0 days 1,965 sqft
    2019-05-01 0 days 1,994 sqft
    2019-06-01 0 days 2,013 sqft
    2019-07-01 0 days 1,943 sqft
    2019-08-01 0 days 1,910 sqft
    2019-09-01 0 days 1,924 sqft
    2019-10-01 0 days 1,922 sqft
    2019-11-01 0 days 1,874 sqft
    2019-12-01 0 days 1,894 sqft
    2020-01-01 0 days 1,852 sqft
    2020-02-01 0 days 1,800 sqft
    2020-03-01 0 days 1,829 sqft
    2020-04-01 0 days 1,845 sqft
    2020-05-01 0 days 1,932 sqft
    2020-06-01 0 days 1,966 sqft
    2020-07-01 0 days 1,952 sqft
    2020-08-01 0 days 1,945 sqft
    2020-09-01 0 days 2,167 sqft
    2020-10-01 0 days 2,142 sqft
    2020-11-01 0 days 2,108 sqft
    2020-12-01 0 days 2,067 sqft
    2021-01-01 0 days 2,078 sqft
    2021-02-01 0 days 2,141 sqft
    2021-03-01 0 days 2,148 sqft
    2021-04-01 0 days 2,254 sqft
    2021-05-01 0 days 2,117 sqft
    2021-06-01 0 days 2,089 sqft
    2021-07-01 0 days 2,011 sqft
    2021-08-01 0 days 1,974 sqft
    2021-09-01 0 days 2,074 sqft
    2021-10-01 0 days 1,944 sqft
    2021-11-01 0 days 1,975 sqft
    2021-12-01 0 days 2,045 sqft
    2022-01-01 0 days 1,995 sqft
    2022-02-01 0 days 2,114 sqft
    2022-03-01 0 days 2,126 sqft
    2022-04-01 0 days 2,173 sqft
    2022-05-01 0 days 2,040 sqft
    2022-06-01 0 days 2,132 sqft
    2022-07-01 0 days 2,068 sqft
    2022-08-01 0 days 2,037 sqft
    2022-09-01 0 days 2,034 sqft
    2022-10-01 0 days 2,032 sqft
    2022-11-01 0 days 1,894 sqft
    2022-12-01 0 days 1,887 sqft
    2023-01-01 0 days 1,902 sqft
    2023-02-01 0 days 1,892 sqft
    2023-03-01 0 days 1,902 sqft
    2023-04-01 0 days 1,925 sqft
    2023-05-01 0 days 1,939 sqft
    2023-06-01 0 days 1,932 sqft
    2023-07-01 0 days 1,878 sqft
    2023-08-01 0 days 1,831 sqft
    2023-09-01 0 days 1,886 sqft
    2023-10-01 0 days 1,959 sqft
    2023-11-01 0 days 2,000 sqft
    2023-12-01 0 days 1,958 sqft
    2024-01-01 0 days 1,885 sqft
    2024-02-01 0 days 1,844 sqft
    2024-03-01 0 days 1,942 sqft
    2024-04-01 0 days 2,015 sqft
    2024-05-01 0 days 2,046 sqft
    2024-06-01 0 days 2,078 sqft
    2024-07-01 0 days 2,008 sqft
    2024-08-01 0 days 1,975 sqft
    2024-09-01 0 days 1,945 sqft
    2024-10-01 0 days 1,921 sqft
    2024-11-01 0 days 1,972 sqft
    2024-12-01 0 days 1,976 sqft
    2025-01-01 0 days 1,976 sqft
    2025-02-01 0 days 1,927 sqft
    2025-03-01 0 days 1,907 sqft
    Picayune's median listing age (time on market) for 2025-03-01 was 0 days.

    Picayune's median square footage for active listings during the 2025-03-01 period was 1,907 sqft. One year prior, the average listing was 1,942 sqft.

    Picayune, MS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 600 $124,010,000 $206,683
    Refi 153 $28,735,000 $187,810
    Cash Out Refi 128 $19,290,000 $150,703
    Other 80 $5,910,000 $73,875
    Home Improvement 71 $5,885,000 $82,887

    Picayune's most frequently cited loan purpose was Home Purchase, with 600 originations. The 2nd most popular reason was Refi, with 153 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 400 $87,460,000 $218,650
    Over 8% 174 $16,750,000 $96,264
    7-8% 141 $27,155,000 $192,589
    5-6% 139 $31,055,000 $223,417
    4-5% 36 $5,160,000 $143,333
    <2.5% 25 $1,575,000 $63,000
    3-4% 6 $420,000 $70,000
    2.5-3% 1 $165,000 $165,000

    During 2024, Picayune's most frequently originated rate bucket was 6-7%, with 400 originations.

    Loan Sizing (Picayune, MS MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 358 $54,080,000 $151,061
    $200k-400k 340 $91,270,000 $268,441
    $100,000 or less 286 $15,400,000 $53,846
    $400k-600k 47 $22,425,000 $477,128
    $600k-1000k 1 $655,000 $655,000

    Picayune's loan sizing saw the bucket of loans from $100k-200k with 358 originations, totaling $54,080,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 447 $103,045,000 $230,526
    60-80% 167 $32,735,000 $196,018
    20-40% 93 $7,635,000 $82,097
    Under 20% 88 $3,450,000 $39,205
    40-60% 83 $11,365,000 $136,928
    Over 100% 23 $5,655,000 $245,870

    Picayune's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 447 originations, totaling $103,045,000 in origination value.