Starkville Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Starkville averaged
6.94%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
6.93% and
one month ago for the week of 2023-08-17, the
average rate was 7.04%.
Starkville's average rate one year ago was 5.77%.
For refis of the same type during the week of 2023-09-21, the average rate
was 7.19%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
Starkville 30 Year Fixed Rate | 2023-09-21 | 6.94% |
Starkville 30 Year Fixed Rate Refi | 2023-09-21 | 7.19% |
Starkville 15 Year Fixed Rate | 2023-09-21 | 6.54% |
Starkville 15 Year Fixed Rate Refi | 2023-09-21 | 6.64% |
Starkville 30 Year FHA | 2023-09-21 | 6.2% |
Starkville 30 Year FHA Refi | 2023-09-21 | 7.14% |
Starkville 30 Year USDA | 2023-09-21 | 7.02% |
Starkville 30 Year USDA Refi | 2023-09-21 | 7.02% |
Starkville 30 Year VA | 2023-09-21 | 6.92% |
Starkville 30 Year VA Refi | 2023-09-21 | 6.82% |
Starkville 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 Starkville, 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.).
Starkville Average Closing Costs & Other Stats
Starkville, MS's 54 lenders originated 1,020
loans during 2022. The total origination value was $225,290,000, with an average loan value of
$220,873.
Starkville's average closing costs are $4,610.
The top Starkville lender as defined by loan originations is BancorpSouth, with
102 loans originated. Their average total fees are
$4,821, which is $51
lower than the next largest lender,
Renasant Bank.
The lowest fee Starkville lenders (with over 10 loans originated) are
Regions Bank ($3,567), Trustmark National Bank ($4,331), BancorpSouth ($4,821), Renasant Bank ($4,873) and QUICKEN LOANS, LLC ($5,693).
The lowest rate Starkville lenders (with over 10 loans originated) are
Trustmark National Bank (4.75%), Regions Bank (4.94%), Renasant Bank (4.96%), BancorpSouth (4.99%) and QUICKEN LOANS, LLC (5.12%).
Starkville, 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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
BancorpSouth Bank | $45,205,000 | $44,385,000 | -1.8% | 19.7% |
Renasant Bank | $41,390,000 | $29,215,000 | -29.4% | 13.0% |
Trustmark National Bank | $6,535,000 | $21,405,000 | 227.5% | 9.5% |
BankFirst Financial Services | $40,055,000 | $16,075,000 | -59.9% | 7.1% |
Flagstar Bank, FSB | $15,230,000 | $12,815,000 | -15.9% | 5.7% |
QUICKEN LOANS, LLC | $20,365,000 | $11,400,000 | -44.0% | 5.1% |
Regions Bank | $11,835,000 | $6,455,000 | -45.5% | 2.9% |
Arbor Realty Trust, Inc. | $6,285,000 | n/a | 2.8% | |
21ST MORTGAGE CORPORATION | $3,260,000 | $3,945,000 | 21.0% | 1.8% |
Guaranty Bank and Trust Company | $4,935,000 | $3,825,000 | -22.5% | 1.7% |
Community Bank of Mississippi | $4,310,000 | $3,810,000 | -11.6% | 1.7% |
BankPlus | $8,685,000 | $3,805,000 | -56.2% | 1.7% |
Citizens Bank | $4,370,000 | $3,665,000 | -16.1% | 1.6% |
Mortgage Research Center, LLC | $4,795,000 | $3,090,000 | -35.6% | 1.4% |
The First, A National Banking Association | $1,110,000 | $2,975,000 | 168.0% | 1.3% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $655,000 | $2,560,000 | 290.8% | 1.1% |
CB&S Bank, Inc. | $1,430,000 | $1,890,000 | 32.2% | 0.8% |
USAA Federal Savings Bank | $2,775,000 | $1,810,000 | -34.8% | 0.8% |
FirstBank | $1,660,000 | $1,765,000 | 6.3% | 0.8% |
Wells Fargo Bank | $3,420,000 | $1,705,000 | -50.1% | 0.8% |
FIRST COMMUNITY MORTGAGE, INC. | $1,450,000 | $1,695,000 | 16.9% | 0.8% |
AMERISAVE MORTGAGE CORPORATION | $1,600,000 | $1,565,000 | -2.2% | 0.7% |
NAVY FEDERAL CREDIT UNION | $1,125,000 | $1,510,000 | 34.2% | 0.7% |
JPMorgan Chase Bank | $3,140,000 | $1,465,000 | -53.3% | 0.7% |
MOVEMENT MORTGAGE, LLC | $240,000 | $1,335,000 | 456.3% | 0.6% |
UNITED WHOLESALE MORTGAGE, LLC | $1,120,000 | $1,230,000 | 9.8% | 0.5% |
STATEWIDE FEDERAL CREDIT UNION | $1,190,000 | $1,105,000 | -7.1% | 0.5% |
The Citizens National Bank of Meridian | $4,170,000 | $1,055,000 | -74.7% | 0.5% |
Bank of England | $795,000 | $1,015,000 | 27.7% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $2,920,000 | $975,000 | -66.6% | 0.4% |
FIDELITY BANK | $970,000 | $850,000 | -12.4% | 0.4% |
Ally Bank | $605,000 | $830,000 | 37.2% | 0.4% |
BETTER MORTGAGE CORPORATION | $1,710,000 | $800,000 | -53.2% | 0.4% |
Planters Bank & Trust Company | $4,735,000 | $785,000 | -83.4% | 0.3% |
Magnolia Bank | $1,215,000 | $755,000 | -37.9% | 0.3% |
GUARANTY HOME MORTGAGE CORPORATION | $2,340,000 | $730,000 | -68.8% | 0.3% |
Sycamore Bank | $155,000 | $725,000 | 367.7% | 0.3% |
Ohnward Bank & Trust | $645,000 | n/a | 0.3% | |
Paramount Residential Mortgage Group, Inc. | $625,000 | n/a | 0.3% | |
Assurance Financial Group, L.L.C. | $165,000 | $600,000 | 263.6% | 0.3% |
First Security Bank | $1,280,000 | $580,000 | -54.7% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $1,555,000 | $570,000 | -63.3% | 0.3% |
SIRVA MORTGAGE, INC. | $775,000 | $565,000 | -27.1% | 0.3% |
TRIAD FINANCIAL SERVICES, INC. | $955,000 | $565,000 | -40.8% | 0.3% |
The Bank of Fayette County | $335,000 | $550,000 | 64.2% | 0.2% |
LOANDEPOT.COM, LLC | $3,520,000 | $535,000 | -84.8% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $535,000 | n/a | 0.2% | |
CMG MORTGAGE, INC. | $275,000 | $530,000 | 92.7% | 0.2% |
United Community Bank | $520,000 | n/a | 0.2% | |
First South Farm Credit, ACA | $405,000 | $505,000 | 24.7% | 0.2% |
Commercial Bank & Trust Co. | $495,000 | n/a | 0.2% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,175,000 | $490,000 | -58.3% | 0.2% |
U.S. Bank | $2,640,000 | $490,000 | -81.4% | 0.2% |
Northpointe Bank | $345,000 | $480,000 | 39.1% | 0.2% |
Watermark Capital, Inc. | $455,000 | n/a | 0.2% | |
Bank of Yazoo City | $15,000 | $450,000 | 2,900.0% | 0.2% |
Copiah Bank | $85,000 | $445,000 | 423.5% | 0.2% |
MORIA DEVELOPMENT, INC. | $445,000 | n/a | 0.2% | |
BROKER SOLUTIONS, INC. | $915,000 | $440,000 | -51.9% | 0.2% |
Wyndham Capital Mortgage, Inc. | $205,000 | $430,000 | 109.8% | 0.2% |
The Citizens Bank of Philadelphia, Mississippi | $780,000 | $400,000 | -48.7% | 0.2% |
First Horizon Bank | $1,165,000 | $380,000 | -67.4% | 0.2% |
The Bank of Holly Springs | $385,000 | $380,000 | -1.3% | 0.2% |
Magnolia State Bank | $540,000 | $365,000 | -32.4% | 0.2% |
Carrington Mortgage Services, LLC | $240,000 | $335,000 | 39.6% | 0.1% |
Eagle Bank and Trust Company | $445,000 | $335,000 | -24.7% | 0.1% |
SOUTHEAST MORTGAGE OF GEORGIA, INC. | $335,000 | n/a | 0.1% | |
First Commercial Bank | $330,000 | n/a | 0.1% | |
LIMA ONE CAPITAL, LLC | $330,000 | n/a | 0.1% | |
Vista Bank | $325,000 | n/a | 0.1% | |
Waterstone Mortgage Corporation | $435,000 | $325,000 | -25.3% | 0.1% |
Ixonia Bank | $315,000 | n/a | 0.1% | |
GUARANTEED RATE, INC. | $355,000 | $305,000 | -14.1% | 0.1% |
ANGEL OAK HOME LOANS LLC | $500,000 | $300,000 | -40.0% | 0.1% |
HOMESIDE FINANCIAL, LLC | $265,000 | $295,000 | 11.3% | 0.1% |
CIS Financial Services, Inc. | $280,000 | n/a | 0.1% | |
TOWNE MORTGAGE COMPANY | $405,000 | $275,000 | -32.1% | 0.1% |
COMMUNITY MORTGAGE CORPORATION | $245,000 | $265,000 | 8.2% | 0.1% |
Legends Bank | $265,000 | n/a | 0.1% | |
PLANET HOME LENDING, LLC | $500,000 | $265,000 | -47.0% | 0.1% |
North American Savings Bank, F.S.B. | $105,000 | $255,000 | 142.9% | 0.1% |
DOMINION FINANCIAL SERVICES, LLC | $250,000 | n/a | 0.1% | |
CHEVRON | $235,000 | n/a | 0.1% | |
Patriot Bank | $175,000 | $235,000 | 34.3% | 0.1% |
PENNYMAC LOAN SERVICES, LLC | $1,230,000 | $235,000 | -80.9% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $660,000 | $225,000 | -65.9% | 0.1% |
Bank of America | $2,355,000 | $220,000 | -90.7% | 0.1% |
Central State Bank | $215,000 | n/a | 0.1% | |
Arvest Bank | $195,000 | n/a | 0.1% | |
STOCKTON MORTGAGE CORPORATION | $225,000 | $195,000 | -13.3% | 0.1% |
CSL Financial, LLC | $305,000 | $190,000 | -37.7% | 0.1% |
Stifel Bank and Trust | $360,000 | $185,000 | -48.6% | 0.1% |
CHURCHILL MORTGAGE CORPORATION | $1,190,000 | $180,000 | -84.9% | 0.1% |
AMERICAN FINANCIAL RESOURCES, INC. | $175,000 | n/a | 0.1% | |
KeyBank | $175,000 | n/a | 0.1% | |
FIRST COMMERCE CREDIT UNION | $165,000 | n/a | 0.1% | |
First Volunteer Bank | $165,000 | n/a | 0.1% | |
PNC Bank | $165,000 | $165,000 | 0.0% | 0.1% |
ServisFirst Bank | $155,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $705,000 | $145,000 | -79.4% | 0.1% |
CRESCENT MORTGAGE COMPANY | $245,000 | $145,000 | -40.8% | 0.1% |
First Citizens National Bank | $145,000 | n/a | 0.1% | |
OPEN MORTGAGE, LLC | $185,000 | $145,000 | -21.6% | 0.1% |
The Peoples Bank, Biloxi, Mississippi | $145,000 | n/a | 0.1% | |
West Alabama Bank & Trust | $145,000 | n/a | 0.1% | |
Financial Federal Bank | $135,000 | n/a | 0.1% | |
EVERETT FINANCIAL, INC. | $125,000 | n/a | 0.1% | |
NEW DAY FINANCIAL, LLC | $465,000 | $125,000 | -73.1% | 0.1% |
THE MORTGAGE FIRM, INC. | $125,000 | n/a | 0.1% | |
PriorityOne Bank | $575,000 | $115,000 | -80.0% | 0.1% |
Figure Lending LLC | $80,000 | n/a | 0.0% | |
GUILD MORTGAGE COMPANY | $75,000 | n/a | 0.0% | |
Sunflower Bank | $215,000 | $75,000 | -65.1% | 0.0% |
Discover Bank | $110,000 | $45,000 | -59.1% | 0.0% |
AMERICAN ADVISORS GROUP | $25,000 | n/a | 0.0% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $240,000 | $25,000 | -89.6% | 0.0% |
Starkville's top lender by overall market share is BancorpSouth Bank, with 19.7% market share. In second place, with 13.0%, is Renasant Bank, having originated $29,215,000 in loans. In third place, with 9.5%, is Trustmark National Bank, having originated $21,405,000 in loans. In fourth place, with 7.1%, is BankFirst Financial Services, having originated $16,075,000 in loans. In fifth place, with 5.7%, is Flagstar Bank, FSB, having originated $12,815,000 in loans.
Starkville Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Starkville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $232,350 (-10.2%) | $264,119 (-1.0%) | 0.00 | 222 |
2018-02-01 | $233,000 (-9.7%) | $263,482 (-1.9%) | 0.00 | 214 |
2018-03-01 | $229,900 (-8.0%) | $258,857 (-3.8%) | 0.00 | 245 |
2018-04-01 | $225,000 (-13.4%) | $254,533 (-5.9%) | 0.00 | 280 |
2018-05-01 | $225,000 (-9.3%) | $251,601 (-5.7%) | 0.00 | 291 |
2018-06-01 | $225,000 (-12.5%) | $251,727 (-6.7%) | 0.00 | 281 |
2018-07-01 | $229,200 (-8.3%) | $253,812 (-4.3%) | 0.00 | 291 |
2018-08-01 | $224,925 (-7.2%) | $256,088 (-0.3%) | 0.00 | 285 |
2018-09-01 | $229,000 (-5.5%) | $259,628 (-0.8%) | 0.00 | 270 |
2018-10-01 | $232,000 (-2.1%) | $256,506 (-2.8%) | 0.00 | 285 |
2018-11-01 | $232,983 (-0.2%) | $260,805 (-0.1%) | 0.00 | 273 |
2018-12-01 | $237,400 (0.9%) | $262,255 (-0.5%) | 0.00 | 255 |
2019-01-01 | $239,900 (3.3%) | $260,641 (-1.3%) | 0.00 | 251 |
2019-02-01 | $241,450 (3.6%) | $264,142 (0.3%) | 0.00 | 264 |
2019-03-01 | $243,543 (5.9%) | $267,067 (3.2%) | 0.00 | 268 |
2019-04-01 | $246,068 (9.4%) | $272,439 (7.0%) | 0.00 | 272 |
2019-05-01 | $246,500 (9.6%) | $273,964 (8.9%) | 0.00 | 281 |
2019-06-01 | $239,900 (6.6%) | $273,275 (8.6%) | 0.00 | 275 |
2019-07-01 | $251,888 (9.9%) | $284,220 (12.0%) | 0.00 | 273 |
2019-08-01 | $252,927 (12.5%) | $282,982 (10.5%) | 0.00 | 266 |
2019-09-01 | $250,718 (9.5%) | $281,739 (8.5%) | 0.00 | 253 |
2019-10-01 | $249,000 (7.3%) | $280,911 (9.5%) | 0.00 | 242 |
2019-11-01 | $247,500 (6.2%) | $281,757 (8.0%) | 0.00 | 234 |
2019-12-01 | $246,000 (3.6%) | $285,029 (8.7%) | 0.00 | 221 |
2020-01-01 | $254,700 (6.2%) | $296,824 (13.9%) | 0.00 | 213 |
2020-02-01 | $261,640 (8.4%) | $312,433 (18.3%) | 0.00 | 212 |
2020-03-01 | $265,860 (9.2%) | $313,497 (17.4%) | 0.00 | 221 |
2020-04-01 | $261,175 (6.1%) | $309,620 (13.7%) | 0.00 | 209 |
2020-05-01 | $249,900 (1.4%) | $291,737 (6.5%) | 0.00 | 239 |
2020-06-01 | $253,750 (5.8%) | $291,188 (6.6%) | 0.00 | 227 |
2020-07-01 | $264,700 (5.1%) | $291,384 (2.5%) | 0.00 | 220 |
2020-08-01 | $249,900 (-1.2%) | $284,132 (0.4%) | 0.00 | 231 |
2020-09-01 | $229,900 (-8.3%) | $278,300 (-1.2%) | 0.00 | 228 |
2020-10-01 | $238,500 (-4.2%) | $284,191 (1.2%) | 0.00 | 223 |
2020-11-01 | $243,750 (-1.5%) | $280,355 (-0.5%) | 0.00 | 200 |
2020-12-01 | $218,975 (-11.0%) | $276,227 (-3.1%) | 0.00 | 201 |
2021-01-01 | $210,000 (-17.6%) | $282,481 (-4.8%) | 0.00 | 191 |
2021-02-01 | $244,600 (-6.5%) | $283,810 (-9.2%) | 0.00 | 186 |
2021-03-01 | $239,975 (-9.7%) | $281,705 (-10.1%) | 0.00 | 169 |
2021-04-01 | $265,283 (1.6%) | $291,290 (-5.9%) | 0.00 | 151 |
2021-05-01 | $263,550 (5.5%) | $293,098 (0.5%) | 0.00 | 145 |
2021-06-01 | $254,590 (0.3%) | $288,178 (-1.0%) | 0.00 | 161 |
2021-07-01 | $252,255 (-4.7%) | $283,217 (-2.8%) | 0.00 | 167 |
2021-08-01 | $243,075 (-2.7%) | $285,178 (0.4%) | 0.00 | 149 |
2021-09-01 | $224,950 (-2.2%) | $278,416 (0.0%) | 0.00 | 147 |
2021-10-01 | $225,000 (-5.7%) | $281,105 (-1.1%) | 0.00 | 130 |
2021-11-01 | $259,900 (6.6%) | $320,807 (14.4%) | 0.00 | 90 |
2021-12-01 | $276,450 (26.3%) | $351,069 (27.1%) | 0.00 | 64 |
2022-01-01 | $275,000 (31.0%) | $348,420 (23.3%) | 0.00 | 75 |
2022-02-01 | $341,850 (39.8%) | $384,597 (35.5%) | 0.00 | 77 |
2022-03-01 | $334,700 (39.5%) | $370,639 (31.6%) | 0.00 | 88 |
2022-04-01 | $344,000 (29.7%) | $374,064 (28.4%) | 0.00 | 73 |
2022-05-01 | $328,150 (24.5%) | $365,310 (24.6%) | 0.00 | 78 |
2022-06-01 | $327,450 (28.6%) | $355,574 (23.4%) | 0.00 | 95 |
2022-07-01 | $343,500 (36.2%) | $374,321 (32.2%) | 0.00 | 113 |
2022-08-01 | $335,600 (38.1%) | $377,065 (32.2%) | 0.00 | 92 |
2022-09-01 | $337,400 (50.0%) | $378,524 (36.0%) | 0.00 | 94 |
2022-10-01 | $356,200 (58.3%) | $382,219 (36.0%) | 0.00 | 95 |
2022-11-01 | $354,150 (36.3%) | $381,351 (18.9%) | 0.00 | 105 |
2022-12-01 | $367,950 (33.1%) | $387,874 (10.5%) | 0.00 | 94 |
2023-01-01 | $380,000 (38.2%) | $402,690 (15.6%) | 0.00 | 95 |
2023-02-01 | $411,375 (20.3%) | $406,337 (5.7%) | 0.00 | 89 |
2023-03-01 | $414,000 (23.7%) | $416,650 (12.4%) | 0.00 | 92 |
2023-04-01 | $410,200 (19.2%) | $408,348 (9.2%) | 0.00 | 98 |
2023-05-01 | $407,775 (24.3%) | $413,348 (13.2%) | 0.00 | 114 |
2023-06-01 | $394,375 (20.4%) | $401,686 (13.0%) | 0.00 | 115 |
2023-07-01 | $409,900 (19.3%) | $410,052 (9.6%) | 0.00 | 108 |
2023-08-01 | $409,900 (22.1%) | $430,981 (14.3%) | 0.00 | 123 |
Starkville's median listing price comes in at 0% of the national average.
Starkville's average listing price for 2023-08-01 was $430,981, a difference of $53,916 (14.3%) versus the prior year and $20,929 versus the prior month.
For the 2023-08-01 period, Starkville had 123 MLS listings, a difference of 15 listings (14%) versus the prior month and 31 listings (34%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Starkville (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,793 sqft |
2018-02-01 | 0 days | 1,762 sqft |
2018-03-01 | 0 days | 1,795 sqft |
2018-04-01 | 0 days | 1,726 sqft |
2018-05-01 | 0 days | 1,677 sqft |
2018-06-01 | 0 days | 1,690 sqft |
2018-07-01 | 0 days | 1,732 sqft |
2018-08-01 | 0 days | 1,759 sqft |
2018-09-01 | 0 days | 1,733 sqft |
2018-10-01 | 0 days | 1,700 sqft |
2018-11-01 | 0 days | 1,689 sqft |
2018-12-01 | 0 days | 1,689 sqft |
2019-01-01 | 0 days | 1,668 sqft |
2019-02-01 | 0 days | 1,689 sqft |
2019-03-01 | 0 days | 1,689 sqft |
2019-04-01 | 0 days | 1,687 sqft |
2019-05-01 | 0 days | 1,631 sqft |
2019-06-01 | 0 days | 1,610 sqft |
2019-07-01 | 0 days | 1,708 sqft |
2019-08-01 | 0 days | 1,729 sqft |
2019-09-01 | 0 days | 1,741 sqft |
2019-10-01 | 0 days | 1,744 sqft |
2019-11-01 | 0 days | 1,736 sqft |
2019-12-01 | 0 days | 1,729 sqft |
2020-01-01 | 0 days | 1,735 sqft |
2020-02-01 | 0 days | 1,759 sqft |
2020-03-01 | 0 days | 1,759 sqft |
2020-04-01 | 0 days | 1,757 sqft |
2020-05-01 | 0 days | 1,710 sqft |
2020-06-01 | 0 days | 1,728 sqft |
2020-07-01 | 0 days | 1,734 sqft |
2020-08-01 | 0 days | 1,710 sqft |
2020-09-01 | 0 days | 1,649 sqft |
2020-10-01 | 0 days | 1,645 sqft |
2020-11-01 | 0 days | 1,583 sqft |
2020-12-01 | 0 days | 1,544 sqft |
2021-01-01 | 0 days | 1,517 sqft |
2021-02-01 | 0 days | 1,509 sqft |
2021-03-01 | 0 days | 1,495 sqft |
2021-04-01 | 0 days | 1,471 sqft |
2021-05-01 | 0 days | 1,425 sqft |
2021-06-01 | 0 days | 1,403 sqft |
2021-07-01 | 0 days | 1,388 sqft |
2021-08-01 | 0 days | 1,470 sqft |
2021-09-01 | 0 days | 1,508 sqft |
2021-10-01 | 0 days | 1,508 sqft |
2021-11-01 | 0 days | 1,653 sqft |
2021-12-01 | 0 days | 1,821 sqft |
2022-01-01 | 0 days | 1,877 sqft |
2022-02-01 | 0 days | 1,690 sqft |
2022-03-01 | 0 days | 2,069 sqft |
2022-04-01 | 0 days | 2,032 sqft |
2022-05-01 | 0 days | 1,992 sqft |
2022-06-01 | 0 days | 2,012 sqft |
2022-07-01 | 0 days | 2,156 sqft |
2022-08-01 | 0 days | 2,153 sqft |
2022-09-01 | 0 days | 2,148 sqft |
2022-10-01 | 0 days | 2,156 sqft |
2022-11-01 | 0 days | 2,110 sqft |
2022-12-01 | 0 days | 2,050 sqft |
2023-01-01 | 0 days | 2,110 sqft |
2023-02-01 | 0 days | 2,130 sqft |
2023-03-01 | 0 days | 2,178 sqft |
2023-04-01 | 0 days | 2,147 sqft |
2023-05-01 | 0 days | 1,888 sqft |
2023-06-01 | 0 days | 1,797 sqft |
2023-07-01 | 0 days | 1,932 sqft |
2023-08-01 | 0 days | 2,065 sqft |
Starkville's median square footage for active listings during the 2023-08-01 period was 2,065 sqft. One year prior, the average listing was 2,153 sqft.
Starkville, MS Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 599 | $160,355,000 | $267,705 |
Refi | 174 | $33,170,000 | $190,632 |
Other | 99 | $9,495,000 | $95,909 |
Cash Out Refi | 99 | $16,805,000 | $169,747 |
Home Improvement | 49 | $5,465,000 | $111,531 |
Starkville's most frequently cited loan purpose was Home Purchase, with 599 originations. The 2nd most popular reason was Refi, with 174 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 246 | $60,520,000 | $246,016 |
5-6% | 237 | $50,735,000 | $214,072 |
3-4% | 229 | $46,185,000 | $201,681 |
6-7% | 105 | $17,885,000 | $170,333 |
2.5-3% | 58 | $27,890,000 | $480,862 |
7-8% | 48 | $7,340,000 | $152,917 |
Over 8% | 45 | $4,785,000 | $106,333 |
<2.5% | 20 | $3,520,000 | $176,000 |
During 2022, Starkville's most frequently originated rate bucket was 4-5%, with 246 originations.
Loan Sizing (Starkville, MS MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 375 | $54,575,000 | $145,533 |
$200k-400k | 332 | $91,420,000 | $275,361 |
$100,000 or less | 235 | $13,705,000 | $58,319 |
$400k-600k | 56 | $27,010,000 | $482,321 |
$600k-1000k | 18 | $13,530,000 | $751,667 |
$Over $1MM | 4 | $25,050,000 | $6,262,500 |
Starkville's loan sizing saw the bucket of loans from $100k-200k with 375 originations, totaling $54,575,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 430 | $103,150,000 | $239,884 |
60-80% | 254 | $80,710,000 | $317,756 |
Under 20% | 105 | $5,125,000 | $48,810 |
20-40% | 100 | $11,560,000 | $115,600 |
40-60% | 83 | $13,925,000 | $167,771 |
Over 100% | 14 | $4,200,000 | $300,000 |
Starkville's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 430 originations, totaling $103,150,000 in origination value.