Tifton 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 Tifton averaged 6.43% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 5.95% and one month ago for the week of 2023-04-20, the average rate was 5.95%.

    Tifton's average rate one year ago was 4.71%.

    For refis of the same type during the week of 2023-05-25, the average rate was 6.67%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Tifton 30 Year Fixed Rate 2023-05-25 6.43%
    Tifton 30 Year Fixed Rate Refi 2023-05-25 6.67%
    Tifton 15 Year Fixed Rate 2023-05-25 5.87%
    Tifton 15 Year Fixed Rate Refi 2023-05-25 6.17%
    Tifton 30 Year FHA 2023-05-25 5.88%
    Tifton 30 Year FHA Refi 2023-05-25 6.71%
    Tifton 30 Year USDA 2023-05-25 6.83%
    Tifton 30 Year USDA Refi 2023-05-25 6.83%
    Tifton 30 Year VA 2023-05-25 6.31%
    Tifton 30 Year VA Refi 2023-05-25 6.41%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Tifton, GA.

    Tifton 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 Tifton, GA 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    ANGEL OAK HOME LOANS LLC 33 4.64% $5,091
    HOMESTAR FINANCIAL CORPORATION 29 5.24% $4,514
    QUICKEN LOANS, LLC 19 4.79% $6,022
    South State Bank 12 4.91% $5,762
    UNITED WHOLESALE MORTGAGE, LLC 8 4.88% $6,904
    Renasant Bank 7 4.61% $5,226
    Synovus Bank 7 4.61% $6,604
    Colony Bank 6 5.06% $4,322
    Truist 5 4.72% $4,029
    Wells Fargo Bank 5 4.30% $5,351
    NAVY FEDERAL CREDIT UNION 5 4.40% $2,839
    Ameris Bank 4 5.66% $5,538
    LOANDEPOT.COM, LLC 3 5.62% $7,098
    Capital City Home Loans, LLC 3 6.17% $5,039
    TOWNE MORTGAGE COMPANY 2 3.88% $4,169
    FREEDOM MORTGAGE CORPORATION 2 5.31% $4,667
    UNION HOME MORTGAGE CORP. 2 4.06% $4,513
    CROSSCOUNTRY MORTGAGE, LLC 2 4.63% $7,095
    MOVEMENT MORTGAGE, LLC 2 4.56% $3,512
    CMG MORTGAGE, INC. 2 6.19% $4,650
    ZILLOW HOME LOANS, LLC 2 5.06% $10,535
    LAND HOME FINANCIAL SERVICES, INC. 1 3.75% $4,155
    21ST MORTGAGE CORPORATION 1 6.00% $7,379
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 3.50% $10,613
    Regions Bank 1 5.50% $4,193
    RESIDENTIAL HOME FUNDING CORP. 1 3.50% $4,932
    ROBINS FINANCIAL 1 4.00% $3,699
    SWBC MORTGAGE CORPORATION 1 4.50% $19,498
    THE MORTGAGE FIRM, INC. 1 6.13% $5,088
    Waterstone Mortgage Corporation 1 5.88% $5,901
    MORTGAGE INVESTORS GROUP, INC. 1 3.25% $3,551
    AMERISAVE MORTGAGE CORPORATION 1 3.13% $3,758
    BANKSOUTH MORTGAGE COMPANY, LLC 1 5.63% $6,540
    BNC National Bank 1 6.00% $4,186
    CANOPY MORTGAGE, LLC 1 6.38% $7,416
    Citizens Bank 1 4.88% $10,802
    Cornerstone First Mortgage, Inc 1 3.99% $7,568
    DELTA COMMUNITY CREDIT UNION 1 3.00% $8,680
    EVERETT FINANCIAL, INC. 1 5.88% $2,356
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 3.49% $5,030
    Fifth Third Bank 1 5.49% $4,100
    FirstBank 1 5.25% $4,014
    First National Bank of America 1 8.75% $7,348
    GENEVA FINANCIAL, LLC 1 5.25% $5,156
    George Mason Mortgage, LLC 1 5.13% $4,562
    GEORGIA'S OWN 1 4.88% $3,714
    GUARANTEED RATE, INC. 1 6.88% $4,176
    HANCOCK MORTGAGE PARTNERS, LLC 1 3.63% $5,475
    HOME POINT FINANCIAL CORPORATION 1 3.38% $2,491
    JPMorgan Chase Bank 1 6.25% $500
    LAKEVIEW LOAN SERVICING, LLC 1 5.13% $9,435

    Tifton Average Closing Costs & Other Stats

    Tifton, GA's 51 lenders originated 626 loans during 2022. The total origination value was $145,020,000, with an average loan value of $231,661.

    Tifton's average closing costs are $5,071.

    The top Tifton lender as defined by loan originations is ANGEL OAK HOME LOANS LLC, with 33 loans originated. Their average total fees are $5,091, which is $577 higher than the next largest lender, HOMESTAR FINANCIAL CORPORATION.

    The lowest fee Tifton lenders (with over 10 loans originated) are HOMESTAR FINANCIAL CORPORATION ($4,514), ANGEL OAK HOME LOANS LLC ($5,091), South State Bank ($5,762), QUICKEN LOANS, LLC ($6,022) and .

    The lowest rate Tifton lenders (with over 10 loans originated) are ANGEL OAK HOME LOANS LLC (4.64%), QUICKEN LOANS, LLC (4.79%), South State Bank (4.91%), HOMESTAR FINANCIAL CORPORATION (5.24%) and .

    Tifton, GA 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
    Merchants Bank of Indiana $23,045,000 n/a 15.9%
    ANGEL OAK HOME LOANS LLC $23,685,000 $14,620,000 -38.3% 10.1%
    HOMESTAR FINANCIAL CORPORATION $8,600,000 $12,220,000 42.1% 8.4%
    QUICKEN LOANS, LLC $17,010,000 $10,300,000 -39.4% 7.1%
    Synovus Bank $7,375,000 $7,780,000 5.5% 5.4%
    UNITED WHOLESALE MORTGAGE, LLC $5,575,000 $4,620,000 -17.1% 3.2%
    Colony Bank $7,080,000 $4,140,000 -41.5% 2.9%
    Mortgage Research Center, LLC $3,255,000 $3,755,000 15.4% 2.6%
    Commercial Banking Company $4,460,000 $3,625,000 -18.7% 2.5%
    PNC Bank $95,000 $3,440,000 3,521.1% 2.4%
    Truist $4,280,000 $3,315,000 -22.5% 2.3%
    South State Bank $7,325,000 $3,200,000 -56.3% 2.2%
    Ameris Bank $5,750,000 $3,000,000 -47.8% 2.1%
    Renasant Bank $3,965,000 $2,890,000 -27.1% 2.0%
    TOWNE MORTGAGE COMPANY $5,675,000 $1,900,000 -66.5% 1.3%
    Wells Fargo Bank $5,210,000 $1,680,000 -67.8% 1.2%
    The First, A National Banking Association $2,220,000 $1,675,000 -24.5% 1.2%
    HOME POINT FINANCIAL CORPORATION $1,000,000 $1,520,000 52.0% 1.0%
    UNION HOME MORTGAGE CORP. $2,095,000 $1,505,000 -28.2% 1.0%
    NAVY FEDERAL CREDIT UNION $1,645,000 $1,475,000 -10.3% 1.0%
    SOUTHEASTERN Credit Union $1,660,000 $1,355,000 -18.4% 0.9%
    FREEDOM MORTGAGE CORPORATION $5,150,000 $1,335,000 -74.1% 0.9%
    LOANDEPOT.COM, LLC $1,900,000 $1,270,000 -33.2% 0.9%
    Mr. Cooper ( Nationstar Mortgage ) $2,045,000 $1,195,000 -41.6% 0.8%
    NEWREZ LLC $1,090,000 $1,150,000 5.5% 0.8%
    Flagstar Bank, FSB $770,000 $1,100,000 42.9% 0.8%
    Paramount Residential Mortgage Group, Inc. $185,000 $1,075,000 481.1% 0.7%
    PENNYMAC LOAN SERVICES, LLC $4,980,000 $910,000 -81.7% 0.6%
    USAA Federal Savings Bank $1,355,000 $905,000 -33.2% 0.6%
    Capital City Home Loans, LLC $475,000 $815,000 71.6% 0.6%
    CALIBER HOME LOANS, INC. $650,000 n/a 0.4%
    AMERISAVE MORTGAGE CORPORATION $2,570,000 $630,000 -75.5% 0.4%
    21ST MORTGAGE CORPORATION $910,000 $565,000 -37.9% 0.4%
    ZILLOW HOME LOANS, LLC $325,000 $540,000 66.2% 0.4%
    GUARANTEED RATE, INC. $280,000 $510,000 82.1% 0.4%
    SWBC MORTGAGE CORPORATION $485,000 n/a 0.3%
    GoPrime Mortgage, Inc. $460,000 n/a 0.3%
    JPMorgan Chase Bank $325,000 $460,000 41.5% 0.3%
    NEW DAY FINANCIAL, LLC $1,260,000 $460,000 -63.5% 0.3%
    FirstBank $175,000 $445,000 154.3% 0.3%
    BNC National Bank $435,000 n/a 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,010,000 $400,000 -80.1% 0.3%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $770,000 $390,000 -49.4% 0.3%
    EVERETT FINANCIAL, INC. $380,000 n/a 0.3%
    GEORGIA'S OWN $65,000 $380,000 484.6% 0.3%
    CMG MORTGAGE, INC. $510,000 $370,000 -27.5% 0.3%
    CROSSCOUNTRY MORTGAGE, LLC $370,000 n/a 0.3%
    First Federal Bank $580,000 $350,000 -39.7% 0.2%
    DELTA COMMUNITY CREDIT UNION $345,000 n/a 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $375,000 $345,000 -8.0% 0.2%
    BETTER MORTGAGE CORPORATION $1,680,000 $325,000 -80.7% 0.2%
    ON Q FINANCIAL, INC. $285,000 $325,000 14.0% 0.2%
    Citizens Community Bank $310,000 n/a 0.2%
    Farmers & Merchants Bank $310,000 n/a 0.2%
    LAKEVIEW LOAN SERVICING, LLC $445,000 $300,000 -32.6% 0.2%
    MOVEMENT MORTGAGE, LLC $300,000 n/a 0.2%
    BANKSOUTH MORTGAGE COMPANY, LLC $205,000 $285,000 39.0% 0.2%
    BROKER SOLUTIONS, INC. $470,000 $280,000 -40.4% 0.2%
    RELIANCE FIRST CAPITAL, LLC $175,000 $280,000 60.0% 0.2%
    MORTGAGE INVESTORS GROUP, INC. $645,000 $275,000 -57.4% 0.2%
    Cornerstone First Mortgage, Inc $265,000 n/a 0.2%
    Third Federal Savings and Loan Association of Cleveland $155,000 $265,000 71.0% 0.2%
    GENEVA FINANCIAL, LLC $255,000 n/a 0.2%
    LAND HOME FINANCIAL SERVICES, INC. $255,000 n/a 0.2%
    RESIDENTIAL HOME FUNDING CORP. $85,000 $255,000 200.0% 0.2%
    Fifth Third Bank $285,000 $235,000 -17.5% 0.2%
    Citizens Bank $165,000 $225,000 36.4% 0.2%
    Figure Lending LLC $65,000 $225,000 246.2% 0.2%
    The Federal Savings Bank $205,000 $225,000 9.8% 0.2%
    GUILD MORTGAGE COMPANY $220,000 n/a 0.2%
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. $215,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $550,000 $215,000 -60.9% 0.1%
    Blue Ridge Bank $195,000 $205,000 5.1% 0.1%
    COUNTRYPLACE MORTGAGE, LTD. $105,000 $205,000 95.2% 0.1%
    MILEND, INC. $205,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $275,000 $195,000 -29.1% 0.1%
    First National Bank of America $195,000 n/a 0.1%
    Low VA Rates, LLC $115,000 $195,000 69.6% 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $165,000 $185,000 12.1% 0.1%
    ROBINS FINANCIAL $455,000 $175,000 -61.5% 0.1%
    ROYAL UNITED MORTGAGE LLC $45,000 $170,000 277.8% 0.1%
    Carrington Mortgage Services, LLC $465,000 $165,000 -64.5% 0.1%
    Waterstone Mortgage Corporation $165,000 n/a 0.1%
    AUGUSTA MORTGAGE CO. $155,000 n/a 0.1%
    GUARANTY HOME MORTGAGE CORPORATION $155,000 n/a 0.1%
    HANCOCK MORTGAGE PARTNERS, LLC $175,000 $155,000 -11.4% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $110,000 $155,000 40.9% 0.1%
    George Mason Mortgage, LLC $145,000 n/a 0.1%
    Goldwater Bank, N.A. $145,000 n/a 0.1%
    THE MORTGAGE FIRM, INC. $145,000 $145,000 0.0% 0.1%
    M&T Bank $140,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $810,000 $125,000 -84.6% 0.1%
    First Guaranty Mortgage Corporation $165,000 $125,000 -24.2% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $115,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $135,000 $105,000 -22.2% 0.1%
    LONGBRIDGE FINANCIAL, LLC $105,000 n/a 0.1%
    PeoplesSouth Bank $105,000 n/a 0.1%
    Regions Bank $750,000 $105,000 -86.0% 0.1%
    ALL IN $95,000 n/a 0.1%
    SPRING EQ, LLC $95,000 n/a 0.1%
    CANOPY MORTGAGE, LLC $85,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $65,000 n/a 0.0%

    Tifton's top lender by overall market share is Merchants Bank of Indiana, with 15.9% market share. In second place, with 10.1%, is ANGEL OAK HOME LOANS LLC, having originated $14,620,000 in loans. In third place, with 8.4%, is HOMESTAR FINANCIAL CORPORATION, having originated $12,220,000 in loans. In fourth place, with 7.1%, is QUICKEN LOANS, LLC, having originated $10,300,000 in loans. In fifth place, with 5.4%, is Synovus Bank, having originated $7,780,000 in loans.

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

    Realtor.com - Tifton (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 $144,725 (-4.3%) $166,247 (4.1%) 0.00 116
    2018-02-01 $153,075 (2.4%) $175,236 (8.9%) 0.00 117
    2018-03-01 $155,000 (2.1%) $181,505 (6.9%) 0.00 125
    2018-04-01 $169,450 (6.0%) $192,432 (9.5%) 0.00 129
    2018-05-01 $169,450 (6.9%) $189,931 (8.0%) 0.00 118
    2018-06-01 $174,950 (14.8%) $197,028 (10.6%) 0.00 110
    2018-07-01 $174,900 (20.7%) $197,892 (17.7%) 0.00 105
    2018-08-01 $165,000 (17.9%) $188,990 (14.9%) 0.00 119
    2018-09-01 $159,000 (12.8%) $187,568 (14.2%) 0.00 130
    2018-10-01 $156,400 (13.6%) $185,010 (15.5%) 0.00 128
    2018-11-01 $152,900 (15.4%) $180,868 (13.2%) 0.00 128
    2018-12-01 $163,900 (22.3%) $184,656 (16.8%) 0.00 126
    2019-01-01 $179,450 (24.0%) $189,231 (13.8%) 0.00 112
    2019-02-01 $165,050 (7.8%) $192,699 (10.0%) 0.00 115
    2019-03-01 $179,500 (15.8%) $203,473 (12.1%) 0.00 110
    2019-04-01 $175,325 (3.5%) $204,197 (6.1%) 0.00 103
    2019-05-01 $173,800 (2.6%) $209,462 (10.3%) 0.00 105
    2019-06-01 $177,875 (1.7%) $208,323 (5.7%) 0.00 99
    2019-07-01 $179,000 (2.3%) $210,352 (6.3%) 0.00 97
    2019-08-01 $186,700 (13.2%) $217,077 (14.9%) 0.00 94
    2019-09-01 $194,925 (22.6%) $222,016 (18.4%) 0.00 92
    2019-10-01 $182,475 (16.7%) $208,872 (12.9%) 0.00 98
    2019-11-01 $184,950 (21.0%) $212,129 (17.3%) 0.00 104
    2019-12-01 $178,625 (9.0%) $199,062 (7.8%) 0.00 105
    2020-01-01 $179,000 (-0.3%) $200,629 (6.0%) 0.00 102
    2020-02-01 $177,450 (7.5%) $199,452 (3.5%) 0.00 99
    2020-03-01 $182,175 (1.5%) $205,048 (0.8%) 0.00 82
    2020-04-01 $203,725 (16.2%) $211,023 (3.3%) 0.00 82
    2020-05-01 $214,900 (23.7%) $223,053 (6.5%) 0.00 77
    2020-06-01 $224,950 (26.5%) $229,424 (10.1%) 0.00 68
    2020-07-01 $234,675 (31.1%) $236,884 (12.6%) 0.00 65
    2020-08-01 $249,900 (33.9%) $261,830 (20.6%) 0.00 55
    2020-09-01 $232,400 (19.2%) $265,412 (19.6%) 0.00 47
    2020-10-01 $214,900 (17.8%) $250,414 (19.9%) 0.00 53
    2020-11-01 $214,600 (16.0%) $247,903 (16.9%) 0.00 43
    2020-12-01 $146,425 (-18.0%) $178,076 (-10.5%) 0.00 65
    2021-01-01 $198,700 (11.0%) $260,108 (29.7%) 0.00 45
    2021-02-01 $199,900 (12.7%) $247,771 (24.2%) 0.00 40
    2021-03-01 $192,425 (5.6%) $245,134 (19.6%) 0.00 38
    2021-04-01 $223,750 (9.8%) $266,845 (26.5%) 0.00 39
    2021-05-01 $219,000 (1.9%) $259,459 (16.3%) 0.00 44
    2021-06-01 $214,450 (-4.7%) $233,931 (2.0%) 0.00 44
    2021-07-01 $219,950 (-6.3%) $244,680 (3.3%) 0.00 42
    2021-08-01 $192,925 (-22.8%) $242,582 (-7.4%) 0.00 50
    2021-09-01 $196,250 (-15.6%) $232,068 (-12.6%) 0.00 48
    2021-10-01 $214,500 (-0.2%) $252,017 (0.6%) 0.00 39
    2021-11-01 $225,725 (5.2%) $251,505 (1.5%) 0.00 31
    2021-12-01 $220,000 (50.3%) $249,441 (40.1%) 0.00 36
    2022-01-01 $229,450 (15.5%) $255,353 (-1.8%) 0.00 38
    2022-02-01 $238,700 (19.4%) $284,113 (14.7%) 0.00 36
    2022-03-01 $302,750 (57.3%) $341,091 (39.1%) 0.00 35
    2022-04-01 $317,250 (41.8%) $372,058 (39.4%) 0.00 31
    2022-05-01 $281,125 (28.4%) $350,214 (35.0%) 0.00 35
    2022-06-01 $273,750 (27.7%) $344,751 (47.4%) 0.00 35
    2022-07-01 $245,000 (11.4%) $330,480 (35.1%) 0.00 41
    2022-08-01 $248,275 (28.7%) $316,396 (30.4%) 0.00 46
    2022-09-01 $246,500 (25.6%) $351,654 (51.5%) 0.00 48
    2022-10-01 $260,000 (21.2%) $331,912 (31.7%) 0.00 52
    2022-11-01 $266,750 (18.2%) $341,953 (36.0%) 0.00 60
    2022-12-01 $276,500 (25.7%) $343,280 (37.6%) 0.00 63
    2023-01-01 $276,500 (20.5%) $348,494 (36.5%) 0.00 64
    2023-02-01 $259,900 (8.9%) $339,100 (19.4%) 0.00 55
    2023-03-01 $253,450 (-16.3%) $321,427 (-5.8%) 0.00 51
    2023-04-01 $250,000 (-21.2%) $324,139 (-12.9%) 0.00 48
    Tifton's median listing price for 2023-04-01 was $250,000, a difference of $-67,250 (-21.2%) versus the prior year and $-3,450 versus the prior month.

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

    Tifton's average listing price for 2023-04-01 was $324,139, a difference of $-47,919 (-12.9%) versus the prior year and $2,712 versus the prior month.

    For the 2023-04-01 period, Tifton had 48 MLS listings, a difference of -3 listings (-6%) versus the prior month and 17 listings (55%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Tifton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,805 sqft
    2018-02-01 0 days 1,913 sqft
    2018-03-01 0 days 1,971 sqft
    2018-04-01 0 days 2,095 sqft
    2018-05-01 0 days 2,007 sqft
    2018-06-01 0 days 2,040 sqft
    2018-07-01 0 days 2,156 sqft
    2018-08-01 0 days 2,030 sqft
    2018-09-01 0 days 2,007 sqft
    2018-10-01 0 days 1,996 sqft
    2018-11-01 0 days 1,853 sqft
    2018-12-01 0 days 1,932 sqft
    2019-01-01 0 days 1,991 sqft
    2019-02-01 0 days 2,002 sqft
    2019-03-01 0 days 2,024 sqft
    2019-04-01 0 days 2,034 sqft
    2019-05-01 0 days 2,047 sqft
    2019-06-01 0 days 2,045 sqft
    2019-07-01 0 days 2,047 sqft
    2019-08-01 0 days 2,087 sqft
    2019-09-01 0 days 2,178 sqft
    2019-10-01 0 days 2,084 sqft
    2019-11-01 0 days 2,050 sqft
    2019-12-01 0 days 2,044 sqft
    2020-01-01 0 days 2,037 sqft
    2020-02-01 0 days 1,992 sqft
    2020-03-01 0 days 1,994 sqft
    2020-04-01 0 days 1,987 sqft
    2020-05-01 0 days 2,084 sqft
    2020-06-01 0 days 2,191 sqft
    2020-07-01 0 days 2,215 sqft
    2020-08-01 0 days 2,192 sqft
    2020-09-01 0 days 2,105 sqft
    2020-10-01 0 days 2,096 sqft
    2020-11-01 0 days 2,096 sqft
    2020-12-01 0 days 2,247 sqft
    2021-01-01 0 days 2,133 sqft
    2021-02-01 0 days 2,136 sqft
    2021-03-01 0 days 2,054 sqft
    2021-04-01 0 days 1,908 sqft
    2021-05-01 0 days 1,956 sqft
    2021-06-01 0 days 1,855 sqft
    2021-07-01 0 days 1,945 sqft
    2021-08-01 0 days 1,882 sqft
    2021-09-01 0 days 1,766 sqft
    2021-10-01 0 days 1,818 sqft
    2021-11-01 0 days 1,961 sqft
    2021-12-01 0 days 1,963 sqft
    2022-01-01 0 days 1,962 sqft
    2022-02-01 0 days 1,897 sqft
    2022-03-01 0 days 1,926 sqft
    2022-04-01 0 days 2,015 sqft
    2022-05-01 0 days 2,189 sqft
    2022-06-01 0 days 2,250 sqft
    2022-07-01 0 days 1,901 sqft
    2022-08-01 0 days 1,865 sqft
    2022-09-01 0 days 2,069 sqft
    2022-10-01 0 days 2,058 sqft
    2022-11-01 0 days 2,076 sqft
    2022-12-01 0 days 2,086 sqft
    2023-01-01 0 days 2,086 sqft
    2023-02-01 0 days 2,086 sqft
    2023-03-01 0 days 1,914 sqft
    2023-04-01 0 days 1,897 sqft
    Tifton's median listing age (time on market) for 2023-04-01 was 0 days.

    Tifton's median square footage for active listings during the 2023-04-01 period was 1,897 sqft. One year prior, the average listing was 2,015 sqft.

    Tifton, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 374 $79,890,000 $213,610
    Cash Out Refi 103 $17,675,000 $171,602
    Refi 92 $41,280,000 $448,696
    Other 30 $3,580,000 $119,333
    Home Improvement 27 $2,595,000 $96,111

    Tifton's most frequently cited loan purpose was Home Purchase, with 374 originations. The 2nd most popular reason was Cash Out Refi, with 103 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 159 $31,335,000 $197,075
    3-4% 144 $51,270,000 $356,042
    4-5% 136 $33,610,000 $247,132
    6-7% 49 $8,335,000 $170,102
    2.5-3% 33 $6,265,000 $189,848
    7-8% 14 $2,420,000 $172,857
    Over 8% 12 $1,070,000 $89,167
    <2.5% 8 $2,020,000 $252,500

    During 2022, Tifton's most frequently originated rate bucket was 5-6%, with 159 originations.

    Loan Sizing (Tifton, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 259 $39,795,000 $153,649
    $200k-400k 210 $55,880,000 $266,095
    $100,000 or less 128 $7,760,000 $60,625
    $400k-600k 19 $8,755,000 $460,789
    $600k-1000k 7 $5,155,000 $736,429
    $Over $1MM 3 $27,675,000 $9,225,000

    Tifton's loan sizing saw the bucket of loans from $100k-200k with 259 originations, totaling $39,795,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 312 $95,530,000 $306,186
    60-80% 122 $26,990,000 $221,230
    40-60% 59 $7,985,000 $135,339
    20-40% 31 $2,895,000 $93,387
    Under 20% 19 $955,000 $50,263
    Over 100% 3 $705,000 $235,000

    Tifton's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 312 originations, totaling $95,530,000 in origination value.