Tifton Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Tifton averaged
6.88%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
6.75% and
one month ago for the week of 2023-10-26, the
average rate was 7.55%.
Tifton's average rate one year ago was 6.04%.
For refis of the same type during the week of 2023-11-30, the average rate
was 7.32%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
Tifton 30 Year Fixed Rate | 2023-11-30 | 6.88% |
Tifton 30 Year Fixed Rate Refi | 2023-11-30 | 7.32% |
Tifton 15 Year Fixed Rate | 2023-11-30 | 6.46% |
Tifton 15 Year Fixed Rate Refi | 2023-11-30 | 6.66% |
Tifton 30 Year FHA | 2023-11-30 | 6.42% |
Tifton 30 Year FHA Refi | 2023-11-30 | 7.15% |
Tifton 30 Year USDA | 2023-11-30 | 6.8% |
Tifton 30 Year USDA Refi | 2023-11-30 | 7% |
Tifton 30 Year VA | 2023-11-30 | 6.87% |
Tifton 30 Year VA Refi | 2023-11-30 | 6.97% |
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.).
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. LouisDate | 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 | $172,557 (11.3%) | $196,394 (8.2%) | 0.00 | 110 |
2019-04-01 | $177,325 (4.7%) | $203,255 (5.6%) | 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 | $182,300 (10.5%) | $213,498 (13.0%) | 0.00 | 96 |
2019-09-01 | $180,950 (13.8%) | $209,480 (11.7%) | 0.00 | 96 |
2019-10-01 | $182,575 (16.7%) | $207,674 (12.3%) | 0.00 | 97 |
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 (5.6%) | $205,048 (4.4%) | 0.00 | 82 |
2020-04-01 | $203,725 (14.9%) | $211,023 (3.8%) | 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 (37.1%) | $261,830 (22.6%) | 0.00 | 55 |
2020-09-01 | $232,400 (28.4%) | $265,412 (26.7%) | 0.00 | 47 |
2020-10-01 | $214,900 (17.7%) | $250,414 (20.6%) | 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 |
2023-05-01 | $250,725 (-10.8%) | $323,546 (-7.6%) | 0.00 | 46 |
2023-06-01 | $257,550 (-5.9%) | $344,220 (-0.2%) | 0.00 | 50 |
2023-07-01 | $259,900 (6.1%) | $335,147 (1.4%) | 0.00 | 54 |
2023-08-01 | $273,820 (10.3%) | $346,081 (9.4%) | 0.00 | 64 |
2023-09-01 | $275,000 (11.6%) | $307,985 (-12.4%) | 0.00 | 68 |
2023-10-01 | $279,475 (7.5%) | $313,411 (-5.6%) | 0.00 | 66 |
2023-11-01 | $292,500 (9.7%) | $314,866 (-7.9%) | 0.00 | 67 |
Tifton's median listing price comes in at 0% of the national average.
Tifton's average listing price for 2023-11-01 was $314,866, a difference of $-27,087 (-7.9%) versus the prior year and $1,455 versus the prior month.
For the 2023-11-01 period, Tifton had 67 MLS listings, a difference of 1 listings (2%) versus the prior month and 7 listings (12%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Tifton (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | 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 | 2,025 sqft |
2019-04-01 | 0 days | 2,023 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 | 2,070 sqft |
2019-09-01 | 0 days | 2,078 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 |
2023-05-01 | 0 days | 1,842 sqft |
2023-06-01 | 0 days | 1,996 sqft |
2023-07-01 | 0 days | 2,030 sqft |
2023-08-01 | 0 days | 1,992 sqft |
2023-09-01 | 0 days | 1,945 sqft |
2023-10-01 | 0 days | 1,957 sqft |
2023-11-01 | 0 days | 1,981 sqft |
Tifton's median square footage for active listings during the 2023-11-01 period was 1,981 sqft. One year prior, the average listing was 2,076 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.