Tupelo Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Tupelo averaged 6.29% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 5.89% and one month ago for the week of 2024-09-05, the average rate was 6.52%.

Tupelo's average rate one year ago was 7.66%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.78%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Tupelo 30 Year Fixed Rate 2024-10-10 6.29%
Tupelo 30 Year Fixed Rate Refi 2024-10-10 6.78%
Tupelo 15 Year Fixed Rate 2024-10-10 5.41%
Tupelo 15 Year Fixed Rate Refi 2024-10-10 5.81%
Tupelo 30 Year FHA 2024-10-10 5.65%
Tupelo 30 Year FHA Refi 2024-10-10 6.2%
Tupelo 30 Year USDA 2024-10-10 5.89%
Tupelo 30 Year USDA Refi 2024-10-10 5.88%
Tupelo 30 Year VA 2024-10-10 5.91%
Tupelo 30 Year VA Refi 2024-10-10 5.65%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Tupelo, MS.

Tupelo 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 Tupelo, 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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
BancorpSouth 106 6.57% $4,315
Renasant Bank 83 6.82% $4,422
QUICKEN LOANS, LLC 41 6.77% $6,362
Flagstar Bank, FSB 38 6.63% $7,553
MOVEMENT MORTGAGE, LLC 25 6.54% $5,097
BankPlus 24 6.94% $3,101
Trustmark National Bank 20 6.35% $6,601
Community Bank of Mississippi 19 7.38% $3,074
GMFS LLC 18 6.77% $4,170
Regions Bank 15 6.73% $4,405
STOCKTON MORTGAGE CORPORATION 13 6.98% $5,628
FIRST COMMUNITY MORTGAGE, INC. 11 6.51% $4,146
Wells Fargo Bank 7 5.80% $2,001
Bank of England 7 7.05% $7,912
Mortgage Research Center, LLC 6 6.52% $2,238
CROSSCOUNTRY MORTGAGE, LLC 6 7.08% $7,131
AMERISAVE MORTGAGE CORPORATION 6 6.56% $8,458
CB&S Bank, Inc. 5 7.48% $1,719
Stifel Bank and Trust 5 6.00% $2,776
Mr. Cooper ( Nationstar Mortgage ) 4 6.90% $7,582
Magnolia Bank 4 6.16% $4,256
NAVY FEDERAL CREDIT UNION 4 7.03% $3,628
Discover Bank 3 7.32% $0
UNITED WHOLESALE MORTGAGE, LLC 3 7.12% $6,783
USAA Federal Savings Bank 3 6.63% $4,288
PENNYMAC LOAN SERVICES, LLC 3 7.04% $4,692
GUARANTEED RATE, INC. 2 6.94% $3,981
BROKER SOLUTIONS, INC. 2 6.50% $5,665
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.56% $4,129
FBC MORTGAGE, LLC 2 7.25% $4,505
CHURCHILL MORTGAGE CORPORATION 2 6.81% $4,736
FirstBank 2 7.90% $3,808
AmeriHome Mortgage Company, LLC 2 6.38% $4,680
BMO Harris Bank 2 7.13% $4,239
UNION HOME MORTGAGE CORP. 2 7.19% $4,904
United Community Bank 2 7.92% $3,970
GENEVA FINANCIAL, LLC 2 6.44% $14,473
MORTGAGE INVESTORS GROUP, INC. 2 6.63% $6,459
Hancock Whitney Bank 1 7.25% $6,997
Ally Bank 1 6.13% $5,706
AMERICAN FINANCIAL RESOURCES, INC. 1 7.13% $3,734
Bank Independent 1 6.25% $4,329
CANOPY MORTGAGE, LLC 1 7.99% $5,967
Citizens Bank 1 5.75% $7,326
CMG MORTGAGE, INC. 1 6.75% $5,738
COMMUNITY MORTGAGE CORPORATION 1 6.50% $3,737
CORNERSTONE HOME LENDING, INC. 1 6.88% $3,969
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.88% $3,644
Eagle Bank and Trust Company 1 6.75% $1,984
EVERETT FINANCIAL, INC. 1 7.25% $6,678
Evolve Bank & Trust 1 6.38% $4,220
FIDELITY BANK 1 6.00% $4,095
First Community Bank 1 5.99% $3,120
First Horizon Bank 1 7.63% $3,493
FirstTrust Home Loans, Inc. 1 6.99% $7,625
FORT FINANCIAL Federal Credit Union 1 7.13% $5,832
21ST MORTGAGE CORPORATION 1 8.85% $4,455
JPMorgan Chase Bank 1 7.13% $1,888
Lakeview Community Capital, LLC 1 6.63% $5,849
Listerhill Credit Union 1 7.25% $2,335
Morgan Stanley Private Bank 1 5.80% $3,863
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.38% $4,589
MUTUAL OF OMAHA MORTGAGE, INC. 1 7.00% $5,648
Nations Lending Corporation 1 6.38% $821
NEWREZ LLC 1 5.99% $7,483
Northpointe Bank 1 6.50% $6,829
Pinnacle Bank 1 6.63% $3,764
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.63% $5,640
RIVERTRUST Federal Credit Union 1 6.50% $2,507
ROYAL UNITED MORTGAGE LLC 1 7.00% $10,108
SIRVA MORTGAGE, INC. 1 6.75% $0
Truist 1 5.37% $4,154
UNIFY FINANCIAL Credit Union 1 7.75% $1,564
U.S. Bank 1 7.50% $3,162
VANDERBILT MORTGAGE AND FINANCE, INC. 1 7.25% $4,396
ZILLOW HOME LOANS, LLC 1 6.88% $7,559

Tupelo Average Closing Costs & Other Stats

Tupelo, MS's 76 lenders originated 2,540 loans during 2023. The total origination value was $417,620,000, with an average loan value of $164,417.

Tupelo's average closing costs are $4,705.

The top Tupelo lender as defined by loan originations is BancorpSouth, with 106 loans originated. Their average total fees are $4,315, which is $107 lower than the next largest lender, Renasant Bank.

The lowest fee Tupelo lenders (with over 10 loans originated) are Community Bank of Mississippi ($3,074), BankPlus ($3,101), FIRST COMMUNITY MORTGAGE, INC. ($4,146), GMFS LLC ($4,170) and BancorpSouth ($4,315).

The lowest rate Tupelo lenders (with over 10 loans originated) are Trustmark National Bank (6.35%), FIRST COMMUNITY MORTGAGE, INC. (6.51%), MOVEMENT MORTGAGE, LLC (6.54%), BancorpSouth (6.57%) and Flagstar Bank, FSB (6.63%).

Tupelo, 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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
BancorpSouth $94,260,000 $59,510,000 -36.9% 14.2%
Renasant Bank $83,990,000 $55,105,000 -34.4% 13.2%
Flagstar Bank, FSB $52,295,000 $32,225,000 -38.4% 7.7%
BankPlus $40,365,000 $23,965,000 -40.6% 5.7%
Community Bank of Mississippi $32,790,000 $21,085,000 -35.7% 5.0%
QUICKEN LOANS, LLC $31,080,000 $20,730,000 -33.3% 5.0%
Trustmark National Bank $21,315,000 $13,975,000 -34.4% 3.3%
Mortgage Research Center, LLC $12,690,000 $13,630,000 7.4% 3.3%
STOCKTON MORTGAGE CORPORATION $6,115,000 $12,970,000 112.1% 3.1%
BERKELEY POINT CAPITAL LLC $11,540,000 n/a 2.8%
CROSSCOUNTRY MORTGAGE, LLC $12,530,000 $10,930,000 -12.8% 2.6%
WALKER & DUNLOP, LLC $10,925,000 n/a 2.6%
BankFirst Financial Services $3,135,000 $9,155,000 192.0% 2.2%
Regions Bank $12,385,000 $8,655,000 -30.1% 2.1%
MOVEMENT MORTGAGE, LLC $22,165,000 $8,035,000 -63.7% 1.9%
21ST MORTGAGE CORPORATION $5,905,000 $7,630,000 29.2% 1.8%
GMFS LLC $14,025,000 $5,625,000 -59.9% 1.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,015,000 $5,490,000 -31.5% 1.3%
Bank of England $8,055,000 $4,510,000 -44.0% 1.1%
CB&S Bank, Inc. $4,700,000 $4,000,000 -14.9% 1.0%
CIS Financial Services, Inc. $1,285,000 $3,755,000 192.2% 0.9%
GENEVA FINANCIAL, LLC $280,000 $3,430,000 1,125.0% 0.8%
USAA Federal Savings Bank $1,330,000 $3,310,000 148.9% 0.8%
UNITED WHOLESALE MORTGAGE, LLC $3,425,000 $2,890,000 -15.6% 0.7%
FIRST COMMUNITY MORTGAGE, INC. $4,045,000 $2,550,000 -37.0% 0.6%
NAVY FEDERAL CREDIT UNION $3,825,000 $2,465,000 -35.6% 0.6%
FREEDOM MORTGAGE CORPORATION $2,910,000 $2,360,000 -18.9% 0.6%
TRIAD FINANCIAL SERVICES, INC. $4,555,000 $2,155,000 -52.7% 0.5%
Magnolia Bank $975,000 $2,055,000 110.8% 0.5%
CARDINAL FINANCIAL $2,795,000 $1,950,000 -30.2% 0.5%
PENNYMAC LOAN SERVICES, LLC $1,615,000 $1,905,000 18.0% 0.5%
AMERISAVE MORTGAGE CORPORATION $3,335,000 $1,870,000 -43.9% 0.4%
Wells Fargo Bank $3,565,000 $1,695,000 -52.5% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $4,245,000 $1,685,000 -60.3% 0.4%
BROKER SOLUTIONS, INC. $1,180,000 $1,645,000 39.4% 0.4%
LOANDEPOT.COM, LLC $5,680,000 $1,265,000 -77.7% 0.3%
Nations Lending Corporation $470,000 $1,265,000 169.1% 0.3%
FirstBank $1,190,000 $1,260,000 5.9% 0.3%
MORTGAGE INVESTORS GROUP, INC. $1,460,000 $1,205,000 -17.5% 0.3%
GUARANTEED RATE, INC. $805,000 $1,185,000 47.2% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,625,000 $1,115,000 -31.4% 0.3%
Stifel Bank and Trust $725,000 $1,105,000 52.4% 0.3%
AMERICAN FINANCIAL RESOURCES, INC. $530,000 $970,000 83.0% 0.2%
Discover Bank $480,000 $925,000 92.7% 0.2%
CHURCHILL MORTGAGE CORPORATION $825,000 $900,000 9.1% 0.2%
Paragon Bank $860,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,935,000 $850,000 -56.1% 0.2%
The Bank of Holly Springs $990,000 $810,000 -18.2% 0.2%
SOUTHWEST STAGE FUNDING, LLC $1,495,000 $805,000 -46.2% 0.2%
Ixonia Bank $4,040,000 $785,000 -80.6% 0.2%
NEW DAY FINANCIAL, LLC $1,745,000 $785,000 -55.0% 0.2%
Bank Independent $145,000 $715,000 393.1% 0.2%
SUPERIOR CHOICE $700,000 n/a 0.2%
First South Farm Credit, ACA $685,000 n/a 0.2%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $55,000 $605,000 1,000.0% 0.1%
Guaranty Bank and Trust Company $105,000 $605,000 476.2% 0.1%
United Community Bank $2,180,000 $600,000 -72.5% 0.1%
Citizens Bank $1,660,000 $595,000 -64.2% 0.1%
CSL Financial, LLC $830,000 $565,000 -31.9% 0.1%
ROYAL UNITED MORTGAGE LLC $965,000 $565,000 -41.5% 0.1%
GUILD MORTGAGE COMPANY $105,000 $540,000 414.3% 0.1%
EVERETT FINANCIAL, INC. $535,000 n/a 0.1%
A&D Mortgage LLC $500,000 n/a 0.1%
AMCAP MORTGAGE, LTD. $485,000 n/a 0.1%
FBC MORTGAGE, LLC $75,000 $485,000 546.7% 0.1%
UNIFY FINANCIAL Credit Union $1,275,000 $485,000 -62.0% 0.1%
Figure Lending LLC $615,000 $460,000 -25.2% 0.1%
LIMA ONE CAPITAL, LLC $295,000 $460,000 55.9% 0.1%
CMG MORTGAGE, INC. $290,000 $440,000 51.7% 0.1%
BMO Harris Bank $400,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $320,000 $390,000 21.9% 0.1%
Morgan Stanley Private Bank $385,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $430,000 $380,000 -11.6% 0.1%
CANOPY MORTGAGE, LLC $370,000 n/a 0.1%
NEWREZ LLC $840,000 $360,000 -57.1% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $330,000 $355,000 7.6% 0.1%
COMMUNITY MORTGAGE CORPORATION $1,065,000 $355,000 -66.7% 0.1%
JPMorgan Chase Bank $2,330,000 $350,000 -85.0% 0.1%
Carrington Mortgage Services, LLC $380,000 $345,000 -9.2% 0.1%
Colonial Savings, F.A. $345,000 n/a 0.1%
Truist $490,000 $330,000 -32.7% 0.1%
SPRING EQ, LLC $125,000 $325,000 160.0% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $460,000 $320,000 -30.4% 0.1%
South State Bank $600,000 $320,000 -46.7% 0.1%
FirstTrust Home Loans, Inc. $315,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $355,000 $300,000 -15.5% 0.1%
Pinnacle Bank $450,000 $285,000 -36.7% 0.1%
Northpointe Bank $135,000 $265,000 96.3% 0.1%
ZILLOW HOME LOANS, LLC $105,000 $265,000 152.4% 0.1%
EMBRACE HOME LOANS, INC. $410,000 $255,000 -37.8% 0.1%
FIDELITY BANK $255,000 n/a 0.1%
U.S. Bank $200,000 $255,000 27.5% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $710,000 $240,000 -66.2% 0.1%
Paramount Residential Mortgage Group, Inc. $235,000 n/a 0.1%
Peoples Bank $235,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $305,000 $230,000 -24.6% 0.1%
Merchants & Planters Bank $215,000 n/a 0.1%
The First, A National Banking Association $215,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $210,000 n/a 0.1%
First Commercial Bank $355,000 $205,000 -42.3% 0.0%
Hancock Whitney Bank $205,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $105,000 $205,000 95.2% 0.0%
Mid-Continent Funding, Inc. $175,000 $205,000 17.1% 0.0%
SIRVA MORTGAGE, INC. $620,000 $205,000 -66.9% 0.0%
Listerhill Credit Union $200,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $195,000 n/a 0.0%
Ally Bank $445,000 $195,000 -56.2% 0.0%
FINANCE OF AMERICA REVERSE LLC $65,000 $195,000 200.0% 0.0%
KEESLER $165,000 $195,000 18.2% 0.0%
TOTAL MORTGAGE SERVICES, LLC $185,000 n/a 0.0%
Bank of America $45,000 $175,000 288.9% 0.0%
BETTER MORTGAGE CORPORATION $1,085,000 $175,000 -83.9% 0.0%
First Horizon Bank $310,000 $175,000 -43.5% 0.0%
HOMESIDE FINANCIAL, LLC $175,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $175,000 n/a 0.0%
Coastal Community Bank $170,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $170,000 n/a 0.0%
First Security Bank $105,000 $165,000 57.1% 0.0%
FORT FINANCIAL Federal Credit Union $305,000 $165,000 -45.9% 0.0%
Equity Prime Mortgage LLC $155,000 n/a 0.0%
PLANET HOME LENDING, LLC $440,000 $155,000 -64.8% 0.0%
The Citizens National Bank of Meridian $645,000 $155,000 -76.0% 0.0%
M&T Bank $525,000 $145,000 -72.4% 0.0%
First Community Bank $125,000 n/a 0.0%
OPEN MORTGAGE, LLC $125,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $115,000 n/a 0.0%
CITIZENS EQUITY FIRST $85,000 $105,000 23.5% 0.0%
Commercial Bank & Trust Co. $105,000 n/a 0.0%
Eagle Bank and Trust Company $255,000 $105,000 -58.8% 0.0%
Lakeview Community Capital, LLC $105,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $950,000 $105,000 -88.9% 0.0%
PriorityOne Bank $240,000 $105,000 -56.3% 0.0%
RUOFF MORTGAGE COMPANY, INC. $105,000 n/a 0.0%
Plains Commerce Bank $135,000 $95,000 -29.6% 0.0%
CORNERSTONE HOME LENDING, INC. $85,000 n/a 0.0%
The Bank of Fayette County $85,000 n/a 0.0%
First Eagle Federal Credi Union $75,000 n/a 0.0%
RIVERTRUST Federal Credit Union $75,000 n/a 0.0%
Evolve Bank & Trust $525,000 $65,000 -87.6% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $45,000 n/a 0.0%

Tupelo's top lender by overall market share is BancorpSouth, with 14.2% market share. In second place, with 13.2%, is Renasant Bank, having originated $55,105,000 in loans. In third place, with 7.7%, is Flagstar Bank, FSB, having originated $32,225,000 in loans. In fourth place, with 5.7%, is BankPlus, having originated $23,965,000 in loans. In fifth place, with 5.0%, is Community Bank of Mississippi, having originated $21,085,000 in loans.


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

Realtor.com - Tupelo (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 $165,000 (8.0%) $204,557 (2.7%) 0.61 542
2018-02-01 $172,500 (15.1%) $209,031 (3.4%) 0.63 541
2018-03-01 $173,900 (11.9%) $208,152 (0.6%) 0.61 554
2018-04-01 $178,212 (8.7%) $210,885 (0.4%) 0.60 590
2018-05-01 $178,788 (10.0%) $211,648 (2.7%) 0.60 586
2018-06-01 $175,000 (6.1%) $212,484 (1.8%) 0.58 597
2018-07-01 $179,000 (8.5%) $215,890 (2.3%) 0.60 612
2018-08-01 $179,250 (13.0%) $218,899 (6.6%) 0.60 598
2018-09-01 $179,000 (12.2%) $226,441 (13.3%) 0.60 585
2018-10-01 $175,475 (9.7%) $224,943 (13.0%) 0.59 548
2018-11-01 $175,500 (8.6%) $224,490 (10.3%) 0.59 528
2018-12-01 $175,000 (6.4%) $223,387 (9.8%) 0.60 496
2019-01-01 $175,000 (6.1%) $225,532 (10.3%) 0.60 482
2019-02-01 $177,800 (3.1%) $228,004 (9.1%) 0.60 484
2019-03-01 $188,357 (8.3%) $237,258 (14.0%) 0.62 485
2019-04-01 $200,950 (12.8%) $246,554 (16.9%) 0.64 481
2019-05-01 $204,500 (14.4%) $244,785 (15.7%) 0.64 499
2019-06-01 $199,900 (14.2%) $249,725 (17.5%) 0.62 497
2019-07-01 $198,850 (11.1%) $248,696 (15.2%) 0.62 510
2019-08-01 $197,027 (9.9%) $245,069 (12.0%) 0.62 505
2019-09-01 $193,018 (7.8%) $239,920 (6.0%) 0.62 503
2019-10-01 $189,900 (8.2%) $237,814 (5.7%) 0.61 495
2019-11-01 $188,400 (7.4%) $233,265 (3.9%) 0.62 475
2019-12-01 $184,900 (5.7%) $229,142 (2.6%) 0.62 462
2020-01-01 $182,175 (4.1%) $229,243 (1.7%) 0.61 447
2020-02-01 $182,500 (2.6%) $227,977 (0.0%) 0.60 463
2020-03-01 $187,750 (-0.3%) $236,568 (-0.3%) 0.59 445
2020-04-01 $189,950 (-5.5%) $243,608 (-1.2%) 0.60 425
2020-05-01 $189,950 (-7.1%) $246,282 (0.6%) 0.58 389
2020-06-01 $199,700 (-0.1%) $260,814 (4.4%) 0.59 353
2020-07-01 $215,000 (8.1%) $270,310 (8.7%) 0.62 339
2020-08-01 $212,000 (7.6%) $269,191 (9.8%) 0.61 322
2020-09-01 $209,000 (8.3%) $269,700 (12.4%) 0.60 310
2020-10-01 $215,000 (13.2%) $277,019 (16.5%) 0.62 287
2020-11-01 $219,975 (16.8%) $284,817 (22.1%) 0.64 281
2020-12-01 $219,225 (18.6%) $289,261 (26.2%) 0.65 282
2021-01-01 $212,450 (16.6%) $282,564 (23.3%) 0.63 255
2021-02-01 $210,450 (15.3%) $270,233 (18.5%) 0.61 235
2021-03-01 $224,450 (19.6%) $269,407 (13.9%) 0.64 213
2021-04-01 $223,425 (17.6%) $281,700 (15.6%) 0.60 188
2021-05-01 $200,000 (5.3%) $270,562 (9.9%) 0.53 200
2021-06-01 $225,725 (13.0%) $286,807 (10.0%) 0.59 218
2021-07-01 $219,900 (2.3%) $284,620 (5.3%) 0.58 229
2021-08-01 $222,450 (4.9%) $294,621 (9.5%) 0.59 241
2021-09-01 $229,475 (9.8%) $296,011 (9.8%) 0.61 245
2021-10-01 $232,000 (7.9%) $302,595 (9.2%) 0.62 274
2021-11-01 $240,000 (9.1%) $309,330 (8.6%) 0.64 252
2021-12-01 $238,363 (8.7%) $299,525 (3.6%) 0.65 241
2022-01-01 $235,275 (10.7%) $288,271 (2.0%) 0.64 212
2022-02-01 $237,400 (12.8%) $292,366 (8.2%) 0.62 178
2022-03-01 $244,000 (8.7%) $293,143 (8.8%) 0.61 175
2022-04-01 $249,900 (11.9%) $296,327 (5.2%) 0.60 182
2022-05-01 $238,675 (19.3%) $290,720 (7.5%) 0.55 215
2022-06-01 $249,900 (10.7%) $286,200 (-0.2%) 0.56 255
2022-07-01 $249,900 (13.6%) $288,507 (1.4%) 0.56 292
2022-08-01 $250,625 (12.7%) $293,585 (-0.4%) 0.58 328
2022-09-01 $249,950 (8.9%) $291,462 (-1.5%) 0.58 344
2022-10-01 $250,000 (7.8%) $291,456 (-3.7%) 0.59 360
2022-11-01 $250,000 (4.2%) $288,879 (-6.6%) 0.60 355
2022-12-01 $249,450 (4.7%) $290,129 (-3.1%) 0.62 323
2023-01-01 $257,000 (9.2%) $296,772 (3.0%) 0.64 280
2023-02-01 $259,950 (9.5%) $306,204 (4.7%) 0.63 267
2023-03-01 $264,975 (8.6%) $308,299 (5.2%) 0.62 257
2023-04-01 $259,900 (4.0%) $309,036 (4.3%) 0.60 267
2023-05-01 $275,000 (15.2%) $320,325 (10.2%) 0.62 268
2023-06-01 $273,575 (9.5%) $327,616 (14.5%) 0.61 285
2023-07-01 $272,000 (8.8%) $320,343 (11.0%) 0.62 281
2023-08-01 $259,950 (3.7%) $317,516 (8.2%) 0.60 297
2023-09-01 $254,950 (2.0%) $302,976 (4.0%) 0.59 323
2023-10-01 $249,575 (-0.2%) $297,326 (2.0%) 0.59 339
2023-11-01 $252,450 (1.0%) $303,562 (5.1%) 0.60 362
2023-12-01 $249,999 (0.2%) $302,366 (4.2%) 0.61 356
2024-01-01 $257,450 (0.2%) $309,658 (4.3%) 0.63 341
2024-02-01 $262,400 (0.9%) $309,560 (1.1%) 0.63 330
2024-03-01 $262,500 (-0.9%) $314,424 (2.0%) 0.62 328
2024-04-01 $279,900 (7.7%) $324,721 (5.1%) 0.65 303
2024-05-01 $281,725 (2.5%) $328,315 (2.5%) 0.64 333
2024-06-01 $277,450 (1.4%) $320,020 (-2.3%) 0.62 323
2024-07-01 $264,956 (-2.6%) $310,967 (-2.9%) 0.61 325
2024-08-01 $257,475 (-1.0%) $298,599 (-6.0%) 0.60 354
2024-09-01 $262,500 (3.0%) $302,692 (-0.1%) 0.62 381
Tupelo's median listing price for 2024-09-01 was $262,500, a difference of $7,550 (3.0%) versus the prior year and $5,025 versus the prior month.

Tupelo's median listing price comes in at 62% of the national average.

Tupelo's average listing price for 2024-09-01 was $302,692, a difference of $-284 (-0.1%) versus the prior year and $4,093 versus the prior month.

For the 2024-09-01 period, Tupelo had 381 MLS listings, a difference of 27 listings (8%) versus the prior month and 58 listings (18%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Tupelo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 92 days 2,001 sqft
2018-02-01 86 days 2,058 sqft
2018-03-01 68 days 2,029 sqft
2018-04-01 68 days 2,099 sqft
2018-05-01 72 days 2,102 sqft
2018-06-01 74 days 2,047 sqft
2018-07-01 80 days 2,088 sqft
2018-08-01 81 days 2,101 sqft
2018-09-01 81 days 2,100 sqft
2018-10-01 88 days 2,081 sqft
2018-11-01 87 days 2,100 sqft
2018-12-01 95 days 2,090 sqft
2019-01-01 100 days 2,132 sqft
2019-02-01 86 days 2,136 sqft
2019-03-01 76 days 2,170 sqft
2019-04-01 72 days 2,228 sqft
2019-05-01 66 days 2,226 sqft
2019-06-01 68 days 2,230 sqft
2019-07-01 77 days 2,240 sqft
2019-08-01 76 days 2,218 sqft
2019-09-01 71 days 2,182 sqft
2019-10-01 71 days 2,166 sqft
2019-11-01 81 days 2,144 sqft
2019-12-01 90 days 2,101 sqft
2020-01-01 100 days 2,060 sqft
2020-02-01 93 days 2,029 sqft
2020-03-01 85 days 2,060 sqft
2020-04-01 85 days 2,091 sqft
2020-05-01 92 days 2,143 sqft
2020-06-01 90 days 2,199 sqft
2020-07-01 86 days 2,233 sqft
2020-08-01 68 days 2,183 sqft
2020-09-01 60 days 2,174 sqft
2020-10-01 66 days 2,253 sqft
2020-11-01 65 days 2,300 sqft
2020-12-01 72 days 2,288 sqft
2021-01-01 83 days 2,263 sqft
2021-02-01 75 days 2,148 sqft
2021-03-01 52 days 2,145 sqft
2021-04-01 46 days 2,145 sqft
2021-05-01 43 days 2,094 sqft
2021-06-01 37 days 2,140 sqft
2021-07-01 45 days 2,123 sqft
2021-08-01 46 days 2,145 sqft
2021-09-01 55 days 2,127 sqft
2021-10-01 61 days 2,145 sqft
2021-11-01 59 days 2,103 sqft
2021-12-01 71 days 2,123 sqft
2022-01-01 80 days 2,096 sqft
2022-02-01 70 days 2,140 sqft
2022-03-01 46 days 2,100 sqft
2022-04-01 39 days 2,112 sqft
2022-05-01 41 days 2,048 sqft
2022-06-01 40 days 2,036 sqft
2022-07-01 41 days 2,070 sqft
2022-08-01 49 days 2,064 sqft
2022-09-01 55 days 2,048 sqft
2022-10-01 66 days 2,082 sqft
2022-11-01 77 days 2,100 sqft
2022-12-01 87 days 2,090 sqft
2023-01-01 85 days 2,112 sqft
2023-02-01 78 days 2,098 sqft
2023-03-01 67 days 2,152 sqft
2023-04-01 60 days 2,150 sqft
2023-05-01 52 days 2,204 sqft
2023-06-01 47 days 2,190 sqft
2023-07-01 53 days 2,076 sqft
2023-08-01 58 days 2,102 sqft
2023-09-01 60 days 2,100 sqft
2023-10-01 59 days 2,010 sqft
2023-11-01 53 days 1,979 sqft
2023-12-01 65 days 1,956 sqft
2024-01-01 77 days 2,013 sqft
2024-02-01 89 days 2,029 sqft
2024-03-01 68 days 2,066 sqft
2024-04-01 61 days 2,200 sqft
2024-05-01 53 days 2,207 sqft
2024-06-01 57 days 2,124 sqft
2024-07-01 60 days 2,059 sqft
2024-08-01 59 days 1,988 sqft
2024-09-01 60 days 1,998 sqft
Tupelo's median listing age (time on market) for 2024-09-01 was 60 days. This is -1% shorter than the same period one year ago.

Tupelo's median square footage for active listings during the 2024-09-01 period was 1,998 sqft. One year prior, the average listing was 2,100 sqft.

Tupelo, MS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,370 $273,200,000 $199,416
Refi 510 $71,690,000 $140,569
Other 272 $19,350,000 $71,140
Cash Out Refi 232 $44,660,000 $192,500
Home Improvement 156 $8,720,000 $55,897

Tupelo's most frequently cited loan purpose was Home Purchase, with 1,370 originations. The 2nd most popular reason was Refi, with 510 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 778 $150,810,000 $193,843
Over 8% 647 $60,245,000 $93,114
7-8% 645 $98,365,000 $152,504
5-6% 332 $94,570,000 $284,849
<2.5% 48 $3,080,000 $64,167
4-5% 45 $5,515,000 $122,556
3-4% 11 $1,025,000 $93,182
2.5-3% 2 $70,000 $35,000

During 2023, Tupelo's most frequently originated rate bucket was 6-7%, with 778 originations.

Loan Sizing (Tupelo, MS MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 958 $50,420,000 $52,630
$100k-200k 907 $130,835,000 $144,250
$200k-400k 567 $149,625,000 $263,889
$400k-600k 69 $32,645,000 $473,116
$600k-1000k 26 $18,080,000 $695,385
$Over $1MM 13 $36,015,000 $2,770,385

Tupelo's loan sizing saw the bucket of loans from $100,000 or less with 958 originations, totaling $50,420,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,092 $227,270,000 $208,123
60-80% 462 $93,960,000 $203,377
Under 20% 364 $12,970,000 $35,632
20-40% 338 $26,850,000 $79,438
40-60% 203 $41,825,000 $206,034
Over 100% 42 $9,920,000 $236,190

Tupelo's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,092 originations, totaling $227,270,000 in origination value.