Ruston 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 Ruston averaged 6.94% 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 6.97% and one month ago for the week of 2023-02-09, the average rate was 6.46%.

    Ruston's average rate one year ago was 3.99%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.56%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Ruston 30 Year Fixed Rate 2023-03-16 6.94%
    Ruston 30 Year Fixed Rate Refi 2023-03-16 6.56%
    Ruston 15 Year Fixed Rate 2023-03-16 6.92%
    Ruston 15 Year Fixed Rate Refi 2023-03-16 6.18%
    Ruston 30 Year FHA 2023-03-16 6.59%
    Ruston 30 Year FHA Refi 2023-03-16 6.25%
    Ruston 30 Year USDA 2023-03-16 6.35%
    Ruston 30 Year USDA Refi 2023-03-16 6.22%
    Ruston 30 Year VA 2023-03-16 6.62%
    Ruston 30 Year VA Refi 2023-03-16 6.14%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Ruston, LA.

    Ruston 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 Ruston, 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
    Origin Bank 135 3.13% $3,563
    Century Next Bank 62 2.84% $4,084
    MOVEMENT MORTGAGE, LLC 24 3.17% $4,208
    QUICKEN LOANS, LLC 22 3.13% $6,920
    GMFS LLC 17 3.00% $3,464
    CENTRIC 15 4.16% $4,268
    JPMorgan Chase Bank 12 3.25% $4,404
    Regions Bank 7 3.16% $3,551
    ACADEMY MORTGAGE CORPORATION 6 3.27% $5,313
    STANDARD MORTGAGE CORPORATION 6 2.88% $3,250
    Cross Keys Bank 6 2.68% $3,469
    Eagle Bank and Trust Company 5 2.98% $3,175
    LOANDEPOT.COM, LLC 5 3.17% $2,498
    NAVY FEDERAL CREDIT UNION 4 3.34% $3,120
    Wells Fargo Bank 4 3.28% $3,177
    Hancock Whitney Bank 3 3.00% $3,186
    Citizens Bank 2 3.25% $4,644
    HOMESIDE FINANCIAL, LLC 2 3.00% $6,227
    Red River Bank 2 3.13% $3,302
    HOME POINT FINANCIAL CORPORATION 2 2.62% $5,224
    CALIBER HOME LOANS, INC. 2 3.16% $4,484
    Bank of America 2 3.06% $3,733
    UNITED WHOLESALE MORTGAGE, LLC 2 3.00% $6,293
    Gulf Coast Bank and Trust Company 2 2.75% $7,871
    EUSTIS AND AMERICAN MORTGAGE COMPANY 2 3.38% $4,839
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 3.06% $6,041
    Mr. Cooper ( Nationstar Mortgage ) 2 3.81% $4,639
    Assurance Financial Group, L.L.C. 2 3.31% $5,914
    AMERISAVE MORTGAGE CORPORATION 2 2.88% $4,135
    CHURCHILL MORTGAGE CORPORATION 2 3.25% $6,480
    Flagstar Bank, FSB 2 2.90% $3,689
    RESIDENTIAL BANCORP. 1 2.75% $2,230
    Sunflower Bank 1 3.13% $3,874
    The Central Trust Bank 1 2.75% $2,657
    U.S. Bank 1 2.88% $5,502
    ZILLOW HOME LOANS, LLC 1 2.75% $2,327
    Ally Bank 1 4.63% $5,013
    Armed Forces Bank 1 3.13% $1,498
    Arvest Bank 1 3.00% $4,495
    Bank of England 1 3.38% $6,959
    BARKSDALE 1 2.88% $5,130
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 4.00% $4,842
    Carrington Mortgage Services, LLC 1 3.38% $5,542
    Chicago Mortgage Solutions LLC 1 2.75% $1,914
    Commerce Home Mortgage, Inc. 1 3.25% $3,474
    CRESCENT MORTGAGE COMPANY 1 3.13% $9,695
    EMBRACE HOME LOANS, INC. 1 2.99% $4,357
    EVERETT FINANCIAL, INC. 1 3.75% $2,735
    First Financial Bank 1 3.13% $3,387
    First Guaranty Mortgage Corporation 1 2.75% $3,503
    First Horizon Bank 1 3.13% $4,380
    Gateway First Bank 1 3.13% $5,919
    GSF Mortgage Corporation 1 3.25% $16,760
    GUARANTEED RATE AFFINITY, LLC 1 2.75% $0
    GUILD MORTGAGE COMPANY 1 3.13% $7,653
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.63% $12,461
    La Capitol Federal Credit Union 1 3.25% $3,070
    MEMBER ADVANTAGE MORTGAGE, LLC 1 2.88% $5,692
    MORTGAGE ACCESS CORP. 1 2.99% $13,200
    M&T Bank 1 3.25% $5,446
    NBKC BANK 1 2.88% $3,015
    NEWREZ LLC 1 2.88% $3,420
    Pelican State Credit Union 1 3.34% $2,181
    PENNYMAC LOAN SERVICES, LLC 1 2.75% $2,743
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.99% $3,794
    RELIANCE FIRST CAPITAL, LLC 1 2.75% $6,332

    Ruston Average Closing Costs & Other Stats

    Ruston, LA's 66 lenders originated 1,155 loans during 2021. The total origination value was $254,345,000, with an average loan value of $220,212.

    Ruston's average closing costs are $4,534.

    The top Ruston lender as defined by loan originations is Origin Bank, with 135 loans originated. Their average total fees are $3,563, which is $521 lower than the next largest lender, Century Next Bank.

    The lowest fee Ruston lenders (with over 10 loans originated) are GMFS LLC ($3,464), Origin Bank ($3,563), Century Next Bank ($4,084), MOVEMENT MORTGAGE, LLC ($4,208) and CENTRIC ($4,268).

    The lowest rate Ruston lenders (with over 10 loans originated) are Century Next Bank (2.84%), GMFS LLC (3.00%), QUICKEN LOANS, LLC (3.13%), Origin Bank (3.13%) and MOVEMENT MORTGAGE, LLC (3.17%).

    Ruston, 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
    Origin Bank $93,610,000 $59,630,000 -36.3% 23.4%
    Century Next Bank $49,980,000 $31,850,000 -36.3% 12.5%
    b1BANK $6,365,000 $22,005,000 245.7% 8.7%
    QUICKEN LOANS, LLC $13,700,000 $15,995,000 16.8% 6.3%
    MOVEMENT MORTGAGE, LLC $12,330,000 $10,885,000 -11.7% 4.3%
    GMFS LLC $5,405,000 $8,560,000 58.4% 3.4%
    First National Bank $10,465,000 $7,525,000 -28.1% 3.0%
    JPMorgan Chase Bank $2,650,000 $5,655,000 113.4% 2.2%
    CENTRIC $680,000 $4,775,000 602.2% 1.9%
    Gibsland Bank & Trust Company $1,490,000 $3,525,000 136.6% 1.4%
    Wells Fargo Bank $3,155,000 $3,170,000 0.5% 1.2%
    Cross Keys Bank $5,020,000 $2,910,000 -42.0% 1.1%
    Guaranty Bank & Trust Company of Delhi, Louisiana $1,240,000 $2,880,000 132.3% 1.1%
    FREEDOM MORTGAGE CORPORATION $1,910,000 $2,675,000 40.1% 1.1%
    Mortgage Research Center, LLC $2,205,000 $2,515,000 14.1% 1.0%
    Bank of America $590,000 $2,430,000 311.9% 1.0%
    Regions Bank $2,325,000 $2,395,000 3.0% 0.9%
    LAKEVIEW LOAN SERVICING, LLC $940,000 $2,200,000 134.0% 0.9%
    Eagle Bank and Trust Company $2,135,000 $2,150,000 0.7% 0.8%
    NAVY FEDERAL CREDIT UNION $995,000 $2,050,000 106.0% 0.8%
    First Horizon Bank $2,030,000 n/a 0.8%
    Home Federal Bank $1,175,000 $1,920,000 63.4% 0.8%
    ACADEMY MORTGAGE CORPORATION $1,885,000 $1,880,000 -0.3% 0.7%
    STANDARD MORTGAGE CORPORATION $1,645,000 $1,855,000 12.8% 0.7%
    BancorpSouth Bank $5,315,000 $1,815,000 -65.9% 0.7%
    HOME POINT FINANCIAL CORPORATION $245,000 $1,775,000 624.5% 0.7%
    NEWREZ LLC $1,685,000 $1,730,000 2.7% 0.7%
    LOANDEPOT.COM, LLC $1,080,000 $1,615,000 49.5% 0.6%
    21ST MORTGAGE CORPORATION $1,875,000 $1,600,000 -14.7% 0.6%
    UNITED WHOLESALE MORTGAGE, LLC $235,000 $1,565,000 566.0% 0.6%
    Citizens Bank & Trust Company of Vivian, Louisiana $755,000 $1,550,000 105.3% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $1,175,000 $1,495,000 27.2% 0.6%
    Citizens Bank $1,465,000 n/a 0.6%
    PENNYMAC LOAN SERVICES, LLC $470,000 $1,420,000 202.1% 0.6%
    AMERISAVE MORTGAGE CORPORATION $1,615,000 $1,230,000 -23.8% 0.5%
    Assurance Financial Group, L.L.C. $3,250,000 $1,195,000 -63.2% 0.5%
    CHURCHILL MORTGAGE CORPORATION $1,180,000 n/a 0.5%
    CALIBER HOME LOANS, INC. $1,490,000 $1,110,000 -25.5% 0.4%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,055,000 n/a 0.4%
    Citizens National Bank, N.A. $1,100,000 $950,000 -13.6% 0.4%
    U.S. Bank $55,000 $840,000 1,427.3% 0.3%
    GSF Mortgage Corporation $830,000 n/a 0.3%
    PLANET HOME LENDING, LLC $1,175,000 $830,000 -29.4% 0.3%
    Flagstar Bank, FSB $235,000 $725,000 208.5% 0.3%
    First Guaranty Bank $675,000 n/a 0.3%
    HOMESIDE FINANCIAL, LLC $150,000 $655,000 336.7% 0.3%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $440,000 $645,000 46.6% 0.3%
    UNITED BUILT HOMES, L.L.C. $500,000 $630,000 26.0% 0.2%
    Gulf Coast Bank and Trust Company $135,000 $610,000 351.9% 0.2%
    The Federal Savings Bank $335,000 $580,000 73.1% 0.2%
    VILLAGE CAPITAL & INVESTMENT LLC $530,000 $555,000 4.7% 0.2%
    THRIVE MORTGAGE, LLC $550,000 n/a 0.2%
    CRESCENT MORTGAGE COMPANY $3,175,000 $545,000 -82.8% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $125,000 $545,000 336.0% 0.2%
    Red River Bank $1,170,000 $515,000 -56.0% 0.2%
    ZILLOW HOME LOANS, LLC $500,000 n/a 0.2%
    BARKSDALE $490,000 n/a 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $740,000 $480,000 -35.1% 0.2%
    Carrington Mortgage Services, LLC $125,000 $460,000 268.0% 0.2%
    GUARANTEED RATE AFFINITY, LLC $455,000 n/a 0.2%
    Hancock Whitney Bank $125,000 $455,000 264.0% 0.2%
    Lakeview Community Capital, LLC $450,000 n/a 0.2%
    Commerce Home Mortgage, Inc. $430,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $785,000 $430,000 -45.2% 0.2%
    Gateway First Bank $430,000 n/a 0.2%
    NBKC BANK $430,000 n/a 0.2%
    PENTAGON FEDERAL CREDIT UNION $825,000 $415,000 -49.7% 0.2%
    Triumph Bank $405,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $85,000 $375,000 341.2% 0.1%
    MEMBER ADVANTAGE MORTGAGE, LLC $375,000 n/a 0.1%
    EMBRACE HOME LOANS, INC. $365,000 n/a 0.1%
    Southern Heritage Bank $365,000 n/a 0.1%
    BOM Bank $360,000 n/a 0.1%
    CHERRY CREEK MORTGAGE, LLC $355,000 n/a 0.1%
    Reliant Bank $530,000 $350,000 -34.0% 0.1%
    First Guaranty Mortgage Corporation $435,000 $345,000 -20.7% 0.1%
    Armed Forces Bank $335,000 n/a 0.1%
    ACCELERATE MORTGAGE, LLC $325,000 n/a 0.1%
    MORTGAGE ACCESS CORP. $325,000 n/a 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $700,000 $310,000 -55.7% 0.1%
    SOUTHWEST FUNDING, LP $310,000 n/a 0.1%
    MLD MORTGAGE INC. $305,000 n/a 0.1%
    LOUISIANA $295,000 n/a 0.1%
    The Central Trust Bank $295,000 n/a 0.1%
    PIERREMONT MORTGAGE, INC. $290,000 n/a 0.1%
    GUILD MORTGAGE COMPANY $185,000 $255,000 37.8% 0.1%
    First Federal Bank of Louisiana $245,000 n/a 0.1%
    Chicago Mortgage Solutions LLC $235,000 n/a 0.1%
    RESIDENTIAL BANCORP. $235,000 n/a 0.1%
    ROUNDPOINT MORTGAGE SERVICING CORPORATION $165,000 $235,000 42.4% 0.1%
    NEW DAY FINANCIAL, LLC $210,000 $230,000 9.5% 0.1%
    USAA Federal Savings Bank $1,770,000 $225,000 -87.3% 0.1%
    InterContinental Capital Group, Inc $215,000 n/a 0.1%
    FIDELITY BANK $540,000 $205,000 -62.0% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $205,000 n/a 0.1%
    Progressive Bank $2,025,000 $200,000 -90.1% 0.1%
    Arvest Bank $265,000 $195,000 -26.4% 0.1%
    Devon Bank $195,000 n/a 0.1%
    SPRING EQ, LLC $195,000 n/a 0.1%
    Bank of England $185,000 n/a 0.1%
    BTH Bank $185,000 n/a 0.1%
    SOUTHWEST STAGE FUNDING, LLC $75,000 $185,000 146.7% 0.1%
    First Financial Bank $175,000 n/a 0.1%
    La Capitol Federal Credit Union $1,335,000 $175,000 -86.9% 0.1%
    Manufacturers and Traders Trust Company $175,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $155,000 $175,000 12.9% 0.1%
    MID AMERICA MORTGAGE, INC. $605,000 $155,000 -74.4% 0.1%
    Sunflower Bank $155,000 n/a 0.1%
    Ally Bank $145,000 n/a 0.1%
    GUARANTEED RATE, INC. $145,000 n/a 0.1%
    Jeff Davis Bancshares, Inc. $45,000 $145,000 222.2% 0.1%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $185,000 $145,000 -21.6% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $675,000 $140,000 -79.3% 0.1%
    Farmers Bank & Trust Company $205,000 $135,000 -34.1% 0.1%
    CIS Financial Services, Inc. $125,000 n/a 0.0%
    Texana Bank $125,000 n/a 0.0%
    Wyndham Capital Mortgage, Inc. $1,065,000 $125,000 -88.3% 0.0%
    RED RIVER EMPLOYEES $45,000 $120,000 166.7% 0.0%
    BETTER MORTGAGE CORPORATION $490,000 $105,000 -78.6% 0.0%
    Marion State Bank $105,000 n/a 0.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $935,000 $95,000 -89.8% 0.0%
    CSL Financial, LLC $55,000 $90,000 63.6% 0.0%
    Pelican State Credit Union $90,000 n/a 0.0%
    ANECA Federal Credit Union $75,000 n/a 0.0%
    HOMELAND BANCSHARES, INC. $1,655,000 $75,000 -95.5% 0.0%
    AMERICAN ADVISORS GROUP $410,000 $65,000 -84.1% 0.0%
    BROKER SOLUTIONS, INC. $445,000 $65,000 -85.4% 0.0%
    Liberty Bank and Trust Company $55,000 n/a 0.0%
    Community Bank of Louisiana $50,000 n/a 0.0%
    Discover Bank $65,000 $35,000 -46.2% 0.0%

    Ruston's top lender by overall market share is Origin Bank, with 23.4% market share. In second place, with 12.5%, is Century Next Bank, having originated $31,850,000 in loans. In third place, with 8.7%, is b1BANK, having originated $22,005,000 in loans. In fourth place, with 6.3%, is QUICKEN LOANS, LLC, having originated $15,995,000 in loans. In fifth place, with 4.3%, is MOVEMENT MORTGAGE, LLC, having originated $10,885,000 in loans.

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

    Realtor.com - Ruston (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 $256,875 (-6.0%) $272,391 (-6.7%) 0.00 121
    2018-02-01 $258,225 (-5.2%) $266,831 (-7.4%) 0.00 127
    2018-03-01 $255,000 (-5.5%) $267,444 (-6.4%) 0.00 149
    2018-04-01 $254,000 (-6.8%) $261,463 (-8.4%) 0.00 172
    2018-05-01 $260,000 (0.1%) $274,323 (-1.7%) 0.00 161
    2018-06-01 $271,450 (8.8%) $282,375 (5.1%) 0.00 149
    2018-07-01 $271,400 (6.9%) $287,428 (0.9%) 0.00 152
    2018-08-01 $265,600 (0.6%) $281,042 (-3.5%) 0.00 150
    2018-09-01 $260,000 (2.0%) $282,719 (-1.1%) 0.00 150
    2018-10-01 $272,000 (6.9%) $285,573 (0.6%) 0.00 161
    2018-11-01 $268,500 (2.4%) $284,466 (-0.3%) 0.00 157
    2018-12-01 $272,250 (6.8%) $294,472 (6.4%) 0.00 153
    2019-01-01 $269,625 (5.0%) $292,388 (7.3%) 0.00 144
    2019-02-01 $276,950 (7.3%) $303,492 (13.7%) 0.00 149
    2019-03-01 $275,000 (7.8%) $301,603 (12.8%) 0.00 164
    2019-04-01 $275,000 (8.3%) $302,027 (15.5%) 0.00 177
    2019-05-01 $271,950 (4.6%) $301,028 (9.7%) 0.00 191
    2019-06-01 $269,000 (-0.9%) $296,615 (5.0%) 0.00 201
    2019-07-01 $260,000 (-4.2%) $290,724 (1.2%) 0.00 194
    2019-08-01 $252,684 (-4.9%) $288,730 (2.7%) 0.00 188
    2019-09-01 $241,710 (-7.0%) $286,617 (1.4%) 0.00 186
    2019-10-01 $233,725 (-14.1%) $283,756 (-0.6%) 0.00 179
    2019-11-01 $231,400 (-13.8%) $283,139 (-0.5%) 0.00 167
    2019-12-01 $223,950 (-17.7%) $271,656 (-7.8%) 0.00 180
    2020-01-01 $229,500 (-14.9%) $278,132 (-4.9%) 0.00 151
    2020-02-01 $233,900 (-15.5%) $280,227 (-7.7%) 0.00 148
    2020-03-01 $245,000 (-10.9%) $284,543 (-5.7%) 0.00 160
    2020-04-01 $231,250 (-15.9%) $279,895 (-7.3%) 0.00 160
    2020-05-01 $240,000 (-11.8%) $273,845 (-9.0%) 0.00 144
    2020-06-01 $230,000 (-14.5%) $276,226 (-6.9%) 0.00 133
    2020-07-01 $251,125 (-3.4%) $282,113 (-3.0%) 0.00 120
    2020-08-01 $241,950 (-4.3%) $276,538 (-4.2%) 0.00 101
    2020-09-01 $225,000 (-6.9%) $271,495 (-5.3%) 0.00 94
    2020-10-01 $189,900 (-18.8%) $251,418 (-11.4%) 0.00 79
    2020-11-01 $188,975 (-18.3%) $244,999 (-13.5%) 0.00 74
    2020-12-01 $189,450 (-15.4%) $219,045 (-19.4%) 0.00 72
    2021-01-01 $192,000 (-16.3%) $224,749 (-19.2%) 0.00 71
    2021-02-01 $200,000 (-14.5%) $228,839 (-18.3%) 0.00 65
    2021-03-01 $242,750 (-0.9%) $252,181 (-11.4%) 0.00 61
    2021-04-01 $241,975 (4.6%) $255,028 (-8.9%) 0.00 51
    2021-05-01 $257,250 (7.2%) $298,975 (9.2%) 0.00 43
    2021-06-01 $306,000 (33.0%) $332,053 (20.2%) 0.00 35
    2021-07-01 $299,000 (19.1%) $344,873 (22.3%) 0.00 41
    2021-08-01 $285,000 (17.8%) $314,951 (13.9%) 0.00 40
    2021-09-01 $264,250 (17.4%) $276,327 (1.8%) 0.00 37
    2021-10-01 $289,000 (52.2%) $300,213 (19.4%) 0.00 31
    2021-11-01 $290,750 (53.9%) $311,427 (27.1%) 0.00 36
    2021-12-01 $295,500 (56.0%) $309,040 (41.1%) 0.00 40
    2022-01-01 $293,750 (53.0%) $293,865 (30.8%) 0.00 34
    2022-02-01 $274,625 (37.3%) $285,983 (25.0%) 0.00 26
    2022-03-01 $288,750 (19.0%) $306,920 (21.7%) 0.00 25
    2022-04-01 $300,000 (24.0%) $328,204 (28.7%) 0.00 27
    2022-05-01 $316,225 (22.9%) $422,054 (41.2%) 0.00 28
    2022-06-01 $305,000 (-0.3%) $413,828 (24.6%) 0.00 30
    2022-07-01 $309,000 (3.3%) $410,319 (19.0%) 0.00 31
    2022-08-01 $282,500 (-0.9%) $397,241 (26.1%) 0.00 43
    2022-09-01 $310,500 (17.5%) $431,933 (56.3%) 0.00 45
    2022-10-01 $317,500 (9.9%) $431,410 (43.7%) 0.00 51
    2022-11-01 $311,000 (7.0%) $433,181 (39.1%) 0.00 60
    2022-12-01 $309,000 (4.6%) $429,854 (39.1%) 0.00 60
    2023-01-01 $308,500 (5.0%) $418,223 (42.3%) 0.00 58
    2023-02-01 $293,750 (7.0%) $398,458 (39.3%) 0.00 54
    Ruston's median listing price for 2023-02-01 was $293,750, a difference of $19,125 (7.0%) versus the prior year and $-14,750 versus the prior month.

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

    Ruston's average listing price for 2023-02-01 was $398,458, a difference of $112,475 (39.3%) versus the prior year and $-19,765 versus the prior month.

    For the 2023-02-01 period, Ruston had 54 MLS listings, a difference of -4 listings (-7%) versus the prior month and 28 listings (108%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ruston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,030 sqft
    2018-02-01 0 days 2,029 sqft
    2018-03-01 0 days 2,061 sqft
    2018-04-01 0 days 2,060 sqft
    2018-05-01 0 days 2,083 sqft
    2018-06-01 0 days 2,100 sqft
    2018-07-01 0 days 2,123 sqft
    2018-08-01 0 days 2,076 sqft
    2018-09-01 0 days 2,084 sqft
    2018-10-01 0 days 2,076 sqft
    2018-11-01 0 days 2,076 sqft
    2018-12-01 0 days 2,078 sqft
    2019-01-01 0 days 2,054 sqft
    2019-02-01 0 days 2,174 sqft
    2019-03-01 0 days 2,201 sqft
    2019-04-01 0 days 2,212 sqft
    2019-05-01 0 days 2,159 sqft
    2019-06-01 0 days 2,071 sqft
    2019-07-01 0 days 2,045 sqft
    2019-08-01 0 days 2,019 sqft
    2019-09-01 0 days 1,982 sqft
    2019-10-01 0 days 1,933 sqft
    2019-11-01 0 days 1,898 sqft
    2019-12-01 0 days 1,775 sqft
    2020-01-01 0 days 1,812 sqft
    2020-02-01 0 days 1,852 sqft
    2020-03-01 0 days 1,931 sqft
    2020-04-01 0 days 1,932 sqft
    2020-05-01 0 days 1,930 sqft
    2020-06-01 0 days 1,927 sqft
    2020-07-01 0 days 1,952 sqft
    2020-08-01 0 days 2,011 sqft
    2020-09-01 0 days 1,952 sqft
    2020-10-01 0 days 1,752 sqft
    2020-11-01 0 days 1,722 sqft
    2020-12-01 0 days 1,715 sqft
    2021-01-01 0 days 1,704 sqft
    2021-02-01 0 days 1,807 sqft
    2021-03-01 0 days 1,982 sqft
    2021-04-01 0 days 1,863 sqft
    2021-05-01 0 days 1,919 sqft
    2021-06-01 0 days 2,113 sqft
    2021-07-01 0 days 2,314 sqft
    2021-08-01 0 days 2,277 sqft
    2021-09-01 0 days 1,831 sqft
    2021-10-01 0 days 2,025 sqft
    2021-11-01 0 days 2,176 sqft
    2021-12-01 0 days 2,054 sqft
    2022-01-01 0 days 1,900 sqft
    2022-02-01 0 days 1,780 sqft
    2022-03-01 0 days 1,780 sqft
    2022-04-01 0 days 1,868 sqft
    2022-05-01 0 days 2,175 sqft
    2022-06-01 0 days 1,994 sqft
    2022-07-01 0 days 2,092 sqft
    2022-08-01 0 days 2,009 sqft
    2022-09-01 0 days 2,010 sqft
    2022-10-01 0 days 1,974 sqft
    2022-11-01 0 days 1,879 sqft
    2022-12-01 0 days 1,862 sqft
    2023-01-01 0 days 1,928 sqft
    2023-02-01 0 days 1,916 sqft
    Ruston's median listing age (time on market) for 2023-02-01 was 0 days.

    Ruston's median square footage for active listings during the 2023-02-01 period was 1,916 sqft. One year prior, the average listing was 1,780 sqft.

    Ruston, LA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 526 $112,980,000 $214,791
    Refi 424 $102,070,000 $240,731
    Cash Out Refi 183 $37,515,000 $205,000
    Home Improvement 11 $955,000 $86,818
    Other 11 $825,000 $75,000

    Ruston's most frequently cited loan purpose was Home Purchase, with 526 originations. The 2nd most popular reason was Refi, with 424 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 365 $81,615,000 $223,603
    3-4% 302 $81,140,000 $268,675
    <2.5% 177 $40,515,000 $228,898
    4-5% 125 $23,965,000 $191,720
    5-6% 25 $4,125,000 $165,000
    6-7% 22 $1,480,000 $67,273
    Over 8% 21 $2,145,000 $102,143
    7-8% 10 $480,000 $48,000

    During 2021, Ruston's most frequently originated rate bucket was 2.5-3%, with 365 originations.

    Loan Sizing (Ruston, LA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 461 $68,575,000 $148,753
    $200k-400k 394 $106,480,000 $270,254
    $100,000 or less 229 $13,635,000 $59,541
    $400k-600k 52 $24,740,000 $475,769
    $Over $1MM 10 $34,400,000 $3,440,000
    $600k-1000k 9 $6,515,000 $723,889

    Ruston's loan sizing saw the bucket of loans from $100k-200k with 461 originations, totaling $68,575,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 454 $98,690,000 $217,379
    60-80% 330 $87,560,000 $265,333
    40-60% 118 $25,680,000 $217,627
    20-40% 63 $10,465,000 $166,111
    Under 20% 38 $2,170,000 $57,105
    Over 100% 13 $5,615,000 $431,923

    Ruston's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 454 originations, totaling $98,690,000 in origination value.