TUSCALOOSA Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Tuscaloosa averaged 6.23% 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 5.75% and one month ago for the week of 2023-04-20, the average rate was 5.85%.

Tuscaloosa'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 5.9%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-05-25 6.57%
Tuscaloosa 30 Year Fixed Rate 2023-05-25 6.23%
Tuscaloosa 30 Year Fixed Rate Refi 2023-05-25 5.9%
Tuscaloosa 15 Year Fixed Rate 2023-05-25 6.06%
Tuscaloosa 15 Year Fixed Rate Refi 2023-05-25 4.89%
Tuscaloosa 30 Year FHA 2023-05-25 6.15%
Tuscaloosa 30 Year FHA Refi 2023-05-25 6.51%
Tuscaloosa 30 Year USDA 2023-05-25 5.85%
Tuscaloosa 30 Year USDA Refi 2023-05-25 6.43%
Tuscaloosa 30 Year VA 2023-05-25 6.14%
Tuscaloosa 30 Year VA Refi 2023-05-25 6.21%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TUSCALOOSA, AL.

TUSCALOOSA 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 TUSCALOOSA, AL 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
First Federal Bank, A FSB 409 4.85% $4,541
Alabama One Credit Union 116 4.69% $3,827
MOVEMENT MORTGAGE, LLC 114 5.04% $4,607
QUICKEN LOANS, LLC 112 4.87% $5,774
Regions Bank 112 4.81% $4,346
BancorpSouth Bank 101 4.74% $4,283
Renasant Bank 92 4.96% $4,715
FirstBank 66 4.40% $7,194
Wells Fargo Bank 52 4.87% $3,492
Trustmark National Bank 46 4.32% $3,551
INTERLINC MORTGAGE SERVICES, LLC 45 5.06% $4,037
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 42 4.60% $4,717
ALABAMA CREDIT UNION 42 4.08% $4,298
GUILD MORTGAGE COMPANY 36 5.37% $5,147
Bryant Bank 33 4.80% $4,957
UNITED WHOLESALE MORTGAGE, LLC 29 4.90% $6,006
DHI MORTGAGE COMPANY, LTD. 28 4.52% $2,888
LOANDEPOT.COM, LLC 27 4.20% $6,906
Progress Bank and Trust 23 4.29% $4,619
SmartBank 21 4.37% $3,664
BankFirst Financial Services 21 5.39% $4,652
Synovus Bank 18 5.15% $6,133
Mr. Cooper ( Nationstar Mortgage ) 18 4.60% $6,672
Assurance Financial Group, L.L.C. 17 5.44% $6,681
Citizens Bank 15 4.62% $5,227
Consumer First Mortgage, Inc. 14 4.36% $4,628
PENNYMAC LOAN SERVICES, LLC 12 4.76% $6,224
HOME POINT FINANCIAL CORPORATION 12 4.23% $7,058
JPMorgan Chase Bank 11 4.32% $3,873
NAVY FEDERAL CREDIT UNION 11 4.56% $3,019
Prosperity Home Mortgage, LLC 10 5.13% $4,075
Hometown Lenders, Inc. 10 5.42% $5,505
BANK OF LITTLE ROCK MORTGAGE CORPORATION 10 4.12% $4,998
FREEDOM MORTGAGE CORPORATION 10 5.17% $5,784
CALIBER HOME LOANS, INC. 9 5.28% $4,956
Morgan Stanley Private Bank 8 3.97% $3,045
Carrington Mortgage Services, LLC 8 5.41% $6,638
U.S. Bank 8 4.23% $4,904
TJC Mortgage, Inc. 8 4.56% $5,536
SOUTHWEST FUNDING, LP 8 4.79% $5,944
AMERICA'S FIRST 7 3.27% $4,652
The First National Bank of Middle Tennessee 7 4.23% $6,409
APCO EMPLOYEES 6 4.38% $3,280
SECURITYNATIONAL MORTGAGE COMPANY 6 5.14% $4,832
Stifel Bank and Trust 6 2.98% $2,473
HOMEBRIDGE FINANCIAL SERVICES, INC. 5 5.30% $5,219
Ally Bank 5 4.37% $3,865
AMERISAVE MORTGAGE CORPORATION 5 4.43% $7,557
NEWREZ LLC 5 4.93% $3,792
PNC Bank 5 4.38% $3,841
BROKER SOLUTIONS, INC. 4 3.81% $7,079
CROSSCOUNTRY MORTGAGE, LLC 4 6.39% $4,833
Raymond James Bank 4 4.13% $3,218
Bank of America 4 3.81% $4,261
EVERETT FINANCIAL, INC. 4 3.94% $2,110
MUTUAL OF OMAHA MORTGAGE, INC. 4 4.72% $7,013
FIRST COMMUNITY MORTGAGE, INC. 4 5.50% $6,294
M&T Bank 4 5.47% $5,548
CHURCHILL MORTGAGE CORPORATION 4 4.12% $6,213
SouthPoint Bank 4 5.44% $4,755
VANDERBILT MORTGAGE AND FINANCE, INC. 3 5.33% $4,038
AmeriHome Mortgage Company, LLC 3 3.88% $4,259
GUARANTY HOME MORTGAGE CORPORATION 3 4.38% $3,485
Truist 3 4.50% $4,804
ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 5.25% $4,658
GMFS LLC 3 5.21% $4,528
Northpointe Bank 3 4.13% $4,572
AMERICAN FINANCING CORPORATION 3 4.50% $4,284
CB&S Bank, Inc. 3 4.60% $3,870
Ameris Bank 3 3.67% $4,888
CIS Financial Services, Inc. 3 5.13% $9,045
PLAZA HOME MORTGAGE, INC. 3 4.41% $7,038
ZILLOW HOME LOANS, LLC 2 4.63% $3,346
Barrington Bank & Trust Company, N.A. 2 4.50% $2,723
Citibank 2 4.00% $6,148
Discover Bank 2 6.50% $0
EASTMAN 2 3.81% $2,392
FBC MORTGAGE, LLC 2 5.31% $4,749
First Horizon Bank 2 4.19% $3,714
First National Bank of America 2 8.69% $6,001
Flagstar Bank, FSB 2 5.69% $5,491
GUARANTEED RATE, INC. 2 5.13% $4,032
Jefferson Credit Union 2 5.28% $4,850
KELLER MORTGAGE, LLC 2 4.31% $2,057
LAKEVIEW LOAN SERVICING, LLC 2 5.56% $5,621
LOANPAL, LLC 2 5.49% $7,423
MORTGAGE ACCESS CORP. 2 5.31% $6,474
Mortgage Research Center, LLC 2 6.44% $4,853
Nations Lending Corporation 2 3.44% $7,402
NETWORK CAPITAL FUNDING CORPORATION 2 6.31% $7,216
North American Savings Bank, F.S.B. 2 6.56% $2,616
PENTAGON FEDERAL CREDIT UNION 2 6.06% $2,182
PHH Mortgage Corporation 2 5.56% $5,157
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 4.93% $3,096
RELIANCE FIRST CAPITAL, LLC 2 4.62% $10,593
ROYAL UNITED MORTGAGE LLC 2 3.75% $7,008
ServisFirst Bank 2 5.75% $3,823
South State Bank 2 6.13% $4,721
Sunflower Bank 2 5.56% $6,559
UNION HOME MORTGAGE CORP. 2 7.50% $3,858
21ST MORTGAGE CORPORATION 2 7.15% $6,868
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 4.88% $8,024
THE MORTGAGE FIRM, INC. 1 5.63% $3,038
THRIVE MORTGAGE, LLC 1 4.75% $3,263
Goldman Sachs Bank USA 1 4.65% $3,816
FOUNDERS FEDERAL CREDIT UNION 1 3.00% $1,501
First Internet Bank of Indiana 1 3.63% $2,622
Financial Federal Bank 1 5.50% $2,571
NATIONS DIRECT MORTGAGE, LLC 1 8.99% $11,869
Associated Credit Union 1 6.50% $3,880
NATIONS RELIABLE LENDING, LLC 1 4.00% $5,404
FIDELITY BANK 1 4.00% $2,452
Amerifirst Financial, Inc. 1 6.63% $6,360
Evolve Bank & Trust 1 5.00% $3,890
AMERIFIRST FINANCIAL CORPORATION 1 6.00% $6,971
EVANSVILLE TEACHERS 1 6.13% $7,749
OCEANSIDE MORTGAGE COMPANY 1 3.75% $2,548
EMBRACE HOME LOANS, INC. 1 3.88% $3,762
UBS Bank USA 1 4.63% $2,666
ACADEMY MORTGAGE CORPORATION 1 6.13% $10,128
Eco Credit Union 1 3.75% $4,190
DIGITAL Federal Credit Union 1 3.38% $2,300
PREMIER AMERICA 1 3.38% $4,020
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 3.99% $18,075
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.88% $3,452
DATA MORTGAGE, INC. 1 4.63% $3,055
Cornerstone First Mortgage, Inc 1 4.50% $5,067
CONTOUR MORTGAGE CORPORATION 1 5.50% $5,655
CMG MORTGAGE, INC. 1 4.25% $9,059
Citizens National Bank of Greater St. Louis 1 5.38% $3,870
USAA Federal Savings Bank 1 6.50% $3,045
CHEVRON 1 5.25% $2,736
RESIDENTIAL BANCORP. 1 4.38% $4,024
River Bank & Trust 1 3.70% $4,670
ALABAMA TEACHERS 1 5.00% $2,148
RUOFF MORTGAGE COMPANY, INC. 1 6.88% $2,587
CERTAINTY HOME LOANS, LLC 1 5.13% $6,511
Semper Home Loans, Inc. 1 6.63% $2,318
AgFirst Farm Credit Bank 1 3.88% $3,074
Sierra Pacific Mortgage Company, Inc. 1 3.13% $9,506
Simmons Bank 1 2.88% $3,633
Capitol Federal Savings Bank 1 3.38% $3,379
CANOPY MORTGAGE, LLC 1 4.50% $1,731
VAN DYK MORTGAGE CORPORATION 1 4.50% $4,504
Busey Bank 1 4.88% $3,486
BNC National Bank 1 3.00% $3,436
Warsaw Federal Savings and Loan Association 1 7.08% $3,792
SUN WEST MORTGAGE COMPANY, INC. 1 5.68% $1,491
SWBC MORTGAGE CORPORATION 1 4.00% $3,829
HOMESTAR FINANCIAL CORPORATION 1 5.38% $2,859
HOMEXPRESS MORTGAGE CORP. 1 7.00% $16,156
HUNT MORTGAGE CORPORATION 1 4.38% $10,037
INLAND BANK & TRUST 1 4.88% $3,621
HOMESIDE FINANCIAL, LLC 1 3.75% $3,010
BETTER MORTGAGE CORPORATION 1 6.88% $2,957
GSF Mortgage Corporation 1 5.13% $15,096
TEACHERS 1 4.63% $3,609
Bank of Whittier 1 3.50% $6,584
Landmark National Bank 1 6.00% $2,126
Leaders Credit Union 1 5.25% $3,342
Legends Bank 1 7.13% $2,037
Liberty Mortgage Corporation 1 5.13% $3,173
Listerhill Credit Union 1 5.00% $1,684
GoPrime Mortgage, Inc. 1 3.88% $3,415
The Huntington National Bank 1 4.10% $2,688
Metro City Bank 1 3.75% $4,402
MID AMERICA MORTGAGE, INC. 1 3.00% $4,338
MILEND, INC. 1 5.88% $7,668

TUSCALOOSA Average Closing Costs & Other Stats

TUSCALOOSA, AL's 168 lenders originated 5,506 loans during 2022. The total origination value was $1,368,930,000, with an average loan value of $248,625.

TUSCALOOSA's average closing costs are $4,515.

The top TUSCALOOSA lender as defined by loan originations is First Federal Bank, A FSB, with 409 loans originated. Their average total fees are $4,541, which is $714 higher than the next largest lender, Alabama One Credit Union.

The lowest fee TUSCALOOSA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,888), NAVY FEDERAL CREDIT UNION ($3,019), Wells Fargo Bank ($3,492), Trustmark National Bank ($3,551) and SmartBank ($3,664).

The lowest rate TUSCALOOSA lenders (with over 10 loans originated) are ALABAMA CREDIT UNION (4.08%), BANK OF LITTLE ROCK MORTGAGE CORPORATION (4.12%), LOANDEPOT.COM, LLC (4.20%), HOME POINT FINANCIAL CORPORATION (4.23%) and Progress Bank and Trust (4.29%).

TUSCALOOSA, AL 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
First Federal Bank, A FSB $272,815,000 $163,485,000 -40.1% 11.9%
Regions Bank $84,870,000 $63,850,000 -24.8% 4.7%
MOVEMENT MORTGAGE, LLC $26,065,000 $57,630,000 121.1% 4.2%
BankFirst Financial Services $72,830,000 $54,570,000 -25.1% 4.0%
QUICKEN LOANS, LLC $105,535,000 $53,535,000 -49.3% 3.9%
BancorpSouth Bank $30,010,000 $46,035,000 53.4% 3.4%
Renasant Bank $40,695,000 $44,640,000 9.7% 3.3%
Bryant Bank $41,830,000 $43,935,000 5.0% 3.2%
DHI MORTGAGE COMPANY, LTD. $16,205,000 $39,190,000 141.8% 2.9%
FirstBank $55,210,000 $38,725,000 -29.9% 2.8%
Alabama One Credit Union $59,825,000 $35,195,000 -41.2% 2.6%
Truist $3,905,000 $32,700,000 737.4% 2.4%
Progress Bank and Trust $2,050,000 $31,665,000 1,444.6% 2.3%
Merchants Bank of Indiana $245,000 $31,200,000 12,634.7% 2.3%
JPMorgan Chase Bank $10,145,000 $29,075,000 186.6% 2.1%
Synovus Bank $34,665,000 $24,645,000 -28.9% 1.8%
INTERLINC MORTGAGE SERVICES, LLC $47,530,000 $23,820,000 -49.9% 1.7%
Trustmark National Bank $42,950,000 $20,835,000 -51.5% 1.5%
UNITED WHOLESALE MORTGAGE, LLC $16,675,000 $20,690,000 24.1% 1.5%
SmartBank $18,295,000 $20,380,000 11.4% 1.5%
SOUTHWEST FUNDING, LP $34,420,000 $18,300,000 -46.8% 1.3%
ALABAMA CREDIT UNION $23,845,000 $18,275,000 -23.4% 1.3%
CB&S Bank, Inc. $7,795,000 $17,820,000 128.6% 1.3%
Wells Fargo Bank $34,650,000 $15,990,000 -53.9% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $25,360,000 $15,690,000 -38.1% 1.1%
Mortgage Research Center, LLC $17,520,000 $15,660,000 -10.6% 1.1%
LOANDEPOT.COM, LLC $24,010,000 $15,320,000 -36.2% 1.1%
West Alabama Bank & Trust $20,810,000 $14,975,000 -28.0% 1.1%
Capital One $37,535,000 $14,255,000 -62.0% 1.0%
GUILD MORTGAGE COMPANY $3,195,000 $13,910,000 335.4% 1.0%
WALKER & DUNLOP, LLC $47,530,000 $11,375,000 -76.1% 0.8%
PENNYMAC LOAN SERVICES, LLC $22,465,000 $10,695,000 -52.4% 0.8%
Mr. Cooper ( Nationstar Mortgage ) $14,215,000 $9,680,000 -31.9% 0.7%
PNC Bank $7,435,000 $9,330,000 25.5% 0.7%
U.S. Bank $12,420,000 $8,945,000 -28.0% 0.7%
FREEDOM MORTGAGE CORPORATION $41,650,000 $8,510,000 -79.6% 0.6%
Citizens Bank $10,865,000 $8,355,000 -23.1% 0.6%
21ST MORTGAGE CORPORATION $8,005,000 $8,120,000 1.4% 0.6%
SouthPoint Bank $9,945,000 $7,805,000 -21.5% 0.6%
NAVY FEDERAL CREDIT UNION $6,070,000 $7,675,000 26.4% 0.6%
CALIBER HOME LOANS, INC. $10,580,000 $6,960,000 -34.2% 0.5%
COREVEST AMERICAN FINANCE LENDER LLC $10,005,000 $6,800,000 -32.0% 0.5%
Assurance Financial Group, L.L.C. $7,335,000 $5,935,000 -19.1% 0.4%
TRIAD FINANCIAL SERVICES, INC. $5,655,000 $5,550,000 -1.9% 0.4%
AMERISAVE MORTGAGE CORPORATION $11,310,000 $5,420,000 -52.1% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $5,040,000 $5,355,000 6.3% 0.4%
Hometown Lenders, Inc. $9,020,000 $5,145,000 -43.0% 0.4%
Consumer First Mortgage, Inc. $10,515,000 $4,765,000 -54.7% 0.3%
Stifel Bank and Trust $1,400,000 $4,525,000 223.2% 0.3%
HOME POINT FINANCIAL CORPORATION $11,420,000 $4,255,000 -62.7% 0.3%
Morgan Stanley Private Bank $2,035,000 $4,130,000 102.9% 0.3%
Carrington Mortgage Services, LLC $7,495,000 $3,955,000 -47.2% 0.3%
TJC Mortgage, Inc. $44,535,000 $3,860,000 -91.3% 0.3%
BROKER SOLUTIONS, INC. $4,025,000 $3,820,000 -5.1% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $5,745,000 $3,640,000 -36.6% 0.3%
APCO EMPLOYEES $2,410,000 $3,560,000 47.7% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $4,880,000 $3,540,000 -27.5% 0.3%
Prosperity Home Mortgage, LLC $6,615,000 $3,535,000 -46.6% 0.3%
BANK OF LITTLE ROCK MORTGAGE CORPORATION $3,395,000 n/a 0.2%
NEW DAY FINANCIAL, LLC $4,065,000 $3,310,000 -18.6% 0.2%
Guaranty Bank and Trust Company $135,000 $3,225,000 2,288.9% 0.2%
Central State Bank $580,000 $3,135,000 440.5% 0.2%
Citibank $885,000 $3,065,000 246.3% 0.2%
Northpointe Bank $5,970,000 $3,055,000 -48.8% 0.2%
LAKEVIEW LOAN SERVICING, LLC $4,460,000 $2,915,000 -34.6% 0.2%
AMERICA'S FIRST $2,755,000 $2,900,000 5.3% 0.2%
ServisFirst Bank $3,420,000 $2,780,000 -18.7% 0.2%
USAA Federal Savings Bank $5,795,000 $2,675,000 -53.8% 0.2%
NEWREZ LLC $7,735,000 $2,610,000 -66.3% 0.2%
The First National Bank of Middle Tennessee $720,000 $2,305,000 220.1% 0.2%
SECURITYNATIONAL MORTGAGE COMPANY $2,265,000 $2,300,000 1.5% 0.2%
Ally Bank $2,755,000 $2,175,000 -21.1% 0.2%
GMFS LLC $8,350,000 $2,155,000 -74.2% 0.2%
First National Bank $175,000 $2,105,000 1,102.9% 0.2%
CIS Financial Services, Inc. $2,430,000 $2,080,000 -14.4% 0.2%
CHURCHILL MORTGAGE CORPORATION $3,090,000 $2,045,000 -33.8% 0.1%
Community Bank of Mississippi $2,555,000 $2,005,000 -21.5% 0.1%
Bank of America $7,345,000 $1,870,000 -74.5% 0.1%
Raymond James Bank $1,200,000 $1,840,000 53.3% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,335,000 $1,800,000 34.8% 0.1%
COUNTRYPLACE MORTGAGE, LTD. $535,000 $1,795,000 235.5% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,260,000 $1,740,000 -23.0% 0.1%
GUARANTEED RATE, INC. $2,155,000 $1,705,000 -20.9% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $125,000 $1,560,000 1,148.0% 0.1%
EvaBank $190,000 $1,550,000 715.8% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $1,855,000 $1,545,000 -16.7% 0.1%
Mutual Savings Credit Union $1,705,000 $1,515,000 -11.1% 0.1%
Evolve Bank & Trust $175,000 $1,500,000 757.1% 0.1%
The Federal Savings Bank $1,950,000 $1,345,000 -31.0% 0.1%
CMG MORTGAGE, INC. $2,055,000 $1,330,000 -35.3% 0.1%
LEADERONE FINANCIAL CORPORATION $4,225,000 $1,325,000 -68.6% 0.1%
North American Savings Bank, F.S.B. $2,605,000 $1,270,000 -51.2% 0.1%
Arbor Realty Trust, Inc. $2,275,000 $1,225,000 -46.2% 0.1%
Southern States Bank $1,215,000 n/a 0.1%
Commercial Bank & Trust Co. $1,205,000 n/a 0.1%
Flagstar Bank, FSB $1,940,000 $1,125,000 -42.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,560,000 $1,085,000 -30.4% 0.1%
PHH Mortgage Corporation $555,000 $1,080,000 94.6% 0.1%
Capitol Federal Savings Bank $575,000 $1,065,000 85.2% 0.1%
M&T Bank $1,065,000 n/a 0.1%
EVERETT FINANCIAL, INC. $965,000 $960,000 -0.5% 0.1%
VILLAGE CAPITAL MORTGAGE $9,020,000 $955,000 -89.4% 0.1%
LIMA ONE CAPITAL, LLC $115,000 $950,000 726.1% 0.1%
Ameris Bank $1,700,000 $945,000 -44.4% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $410,000 $930,000 126.8% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $540,000 $915,000 69.4% 0.1%
River Bank & Trust $1,325,000 $910,000 -31.3% 0.1%
1ST SIGNATURE LENDING, LLC $905,000 n/a 0.1%
BankPlus $400,000 $890,000 122.5% 0.1%
First Horizon Bank $2,445,000 $890,000 -63.6% 0.1%
Investar Bank $85,000 $860,000 911.8% 0.1%
MILEND, INC. $705,000 $855,000 21.3% 0.1%
MID AMERICA MORTGAGE, INC. $445,000 $850,000 91.0% 0.1%
SOUTHWEST STAGE FUNDING, LLC $300,000 $845,000 181.7% 0.1%
TEACHERS $845,000 n/a 0.1%
First South Farm Credit, ACA $745,000 $820,000 10.1% 0.1%
First Southern Bank $815,000 n/a 0.1%
Citizens National Bank of Greater St. Louis $800,000 n/a 0.1%
FBC MORTGAGE, LLC $430,000 $785,000 82.6% 0.1%
CSL Financial, LLC $470,000 $775,000 64.9% 0.1%
MORTGAGE ACCESS CORP. $755,000 n/a 0.1%
FOUNDERS FEDERAL CREDIT UNION $745,000 n/a 0.1%
INLAND BANK & TRUST $740,000 n/a 0.1%
GSF Mortgage Corporation $1,475,000 $735,000 -50.2% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $725,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $705,000 n/a 0.1%
ACIPCO Federal Credit Union $700,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $300,000 $695,000 131.7% 0.1%
ALABAMA TEACHERS $195,000 $685,000 251.3% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,565,000 $685,000 -56.2% 0.1%
Bank of England $2,275,000 $660,000 -71.0% 0.0%
Mid-Continent Funding, Inc. $550,000 $660,000 20.0% 0.0%
EASTMAN $650,000 n/a 0.0%
Listerhill Credit Union $650,000 n/a 0.0%
Nations Lending Corporation $1,195,000 $640,000 -46.4% 0.0%
Simmons Bank $315,000 $635,000 101.6% 0.0%
UNION HOME MORTGAGE CORP. $615,000 $635,000 3.3% 0.0%
Barrington Bank & Trust Company, N.A. $2,295,000 $625,000 -72.8% 0.0%
ROYAL UNITED MORTGAGE LLC $785,000 $625,000 -20.4% 0.0%
BETTER MORTGAGE CORPORATION $8,905,000 $615,000 -93.1% 0.0%
GoPrime Mortgage, Inc. $2,175,000 $615,000 -71.7% 0.0%
HOMEXPRESS MORTGAGE CORP. $605,000 n/a 0.0%
Alabama Central Credit Union $600,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $1,655,000 $600,000 -63.7% 0.0%
FINANCE OF AMERICA MORTGAGE LLC $1,325,000 $600,000 -54.7% 0.0%
First US Bank $6,710,000 $595,000 -91.1% 0.0%
The Huntington National Bank $85,000 $590,000 594.1% 0.0%
Colony Bank $305,000 $585,000 91.8% 0.0%
Sunflower Bank $580,000 n/a 0.0%
AgFirst Farm Credit Bank $575,000 n/a 0.0%
Goldman Sachs Bank USA $555,000 n/a 0.0%
KELLER MORTGAGE, LLC $155,000 $555,000 258.1% 0.0%
South State Bank $2,710,000 $555,000 -79.5% 0.0%
Discover Bank $190,000 $550,000 189.5% 0.0%
TOP FLITE FINANCIAL, INC. $550,000 n/a 0.0%
Jefferson Credit Union $545,000 n/a 0.0%
Ixonia Bank $685,000 $540,000 -21.2% 0.0%
NATIONS DIRECT MORTGAGE, LLC $535,000 n/a 0.0%
HUNT MORTGAGE CORPORATION $1,355,000 $530,000 -60.9% 0.0%
PLAZA HOME MORTGAGE, INC. $2,495,000 $525,000 -79.0% 0.0%
ZILLOW HOME LOANS, LLC $730,000 $525,000 -28.1% 0.0%
AMERIFIRST FINANCIAL CORPORATION $550,000 $520,000 -5.5% 0.0%
AmeriHome Mortgage Company, LLC $1,895,000 $515,000 -72.8% 0.0%
SPRING EQ, LLC $210,000 $515,000 145.2% 0.0%
NBKC BANK $325,000 $510,000 56.9% 0.0%
Busey Bank $485,000 n/a 0.0%
BNC National Bank $465,000 n/a 0.0%
Eco Credit Union $625,000 $465,000 -25.6% 0.0%
First Bank $410,000 $460,000 12.2% 0.0%
Sierra Pacific Mortgage Company, Inc. $195,000 $435,000 123.1% 0.0%
RUOFF MORTGAGE COMPANY, INC. $95,000 $415,000 336.8% 0.0%
Andrew Johnson Bank $410,000 n/a 0.0%
PREMIA MORTGAGE, LLC $175,000 $405,000 131.4% 0.0%
CERTAINTY HOME LOANS, LLC $445,000 $400,000 -10.1% 0.0%
Magnolia Bank $1,905,000 $395,000 -79.3% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $540,000 $395,000 -26.9% 0.0%
HOMESIDE FINANCIAL, LLC $1,255,000 $390,000 -68.9% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $450,000 $385,000 -14.4% 0.0%
MTC Federal Credit Union $225,000 $385,000 71.1% 0.0%
CHEVRON $185,000 $375,000 102.7% 0.0%
Premier Bank of the South $140,000 $375,000 167.9% 0.0%
EVANSVILLE TEACHERS $2,680,000 $370,000 -86.2% 0.0%
GENEVA FINANCIAL, LLC $115,000 $365,000 217.4% 0.0%
PREMIER AMERICA $365,000 n/a 0.0%
Chambers Bank $355,000 n/a 0.0%
ISERVE RESIDENTIAL LENDING, LLC $575,000 $345,000 -40.0% 0.0%
UBS Bank USA $1,365,000 $345,000 -74.7% 0.0%
Liberty Bank $340,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $340,000 n/a 0.0%
PANORAMA MORTGAGE GROUP, LLC $325,000 n/a 0.0%
Metro City Bank $695,000 $320,000 -54.0% 0.0%
EMBRACE HOME LOANS, INC. $450,000 $315,000 -30.0% 0.0%
Financial Federal Bank $315,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $1,220,000 $315,000 -74.2% 0.0%
CONTOUR MORTGAGE CORPORATION $310,000 n/a 0.0%
EMM LOANS LLC $145,000 $310,000 113.8% 0.0%
LOANPAL, LLC $310,000 n/a 0.0%
United Community Bank $175,000 $305,000 74.3% 0.0%
Figure Lending LLC $310,000 $295,000 -4.8% 0.0%
Volunteer State Bank $1,765,000 $295,000 -83.3% 0.0%
Bank Independent $275,000 n/a 0.0%
Guardian Credit Union $275,000 n/a 0.0%
Leaders Credit Union $275,000 n/a 0.0%
The Citizens National Bank of Meridian $2,505,000 $270,000 -89.2% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $265,000 n/a 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $265,000 n/a 0.0%
The Hometown Bank of Alabama $125,000 $265,000 112.0% 0.0%
First National Bank of America $1,060,000 $260,000 -75.5% 0.0%
GTE Federal Credit Union $255,000 n/a 0.0%
Landmark National Bank $245,000 n/a 0.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $3,555,000 $240,000 -93.2% 0.0%
First Federal Bank $655,000 $235,000 -64.1% 0.0%
Pinnacle Bank $1,550,000 $235,000 -84.8% 0.0%
Alcova Mortgage LLC $230,000 n/a 0.0%
CHERRY CREEK MORTGAGE, LLC $750,000 $225,000 -70.0% 0.0%
CORNERSTONE HOME LENDING, INC. $225,000 n/a 0.0%
DATA MORTGAGE, INC. $225,000 n/a 0.0%
Honor Credit Union $225,000 n/a 0.0%
AMERICAN ADVISORS GROUP $315,000 $215,000 -31.7% 0.0%
Amerifirst Financial, Inc. $215,000 n/a 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $360,000 $215,000 -40.3% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $215,000 n/a 0.0%
Semper Home Loans, Inc. $215,000 n/a 0.0%
UNITED MORTGAGE CORP. $205,000 n/a 0.0%
UNIVERSITY LENDING GROUP, LLC $405,000 $205,000 -49.4% 0.0%
Citizens Bank & Trust $195,000 n/a 0.0%
F&M Bank $195,000 n/a 0.0%
Legends Bank $195,000 n/a 0.0%
REDSTONE Federal Credit Union $95,000 $195,000 105.3% 0.0%
Service Federal Credit Union $195,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $575,000 $195,000 -66.1% 0.0%
SWBC MORTGAGE CORPORATION $45,000 $195,000 333.3% 0.0%
THE MORTGAGE FIRM, INC. $195,000 n/a 0.0%
LEGACY COMMUNITY FEDERAL CREDIT UNION $380,000 $190,000 -50.0% 0.0%
FIDELITY BANK $185,000 n/a 0.0%
FIRST STATE MORTGAGE SERVICES, LLC $185,000 n/a 0.0%
Low VA Rates, LLC $855,000 $185,000 -78.4% 0.0%
PLANET HOME LENDING, LLC $1,735,000 $185,000 -89.3% 0.0%
Austin Capital Bank SSB $300,000 $175,000 -41.7% 0.0%
Bank of Whittier $175,000 n/a 0.0%
VAN DYK MORTGAGE CORPORATION $175,000 n/a 0.0%
AMWEST FUNDING CORP. $325,000 $165,000 -49.2% 0.0%
Colten Mortgage, LLC $565,000 $165,000 -70.8% 0.0%
DEEPHAVEN MORTGAGE LLC $165,000 n/a 0.0%
MidFirst Bank $160,000 n/a 0.0%
LENDINGHOME FUNDING CORPORATION $155,000 n/a 0.0%
NATIONS RELIABLE LENDING, LLC $335,000 $155,000 -53.7% 0.0%
OCEANSIDE MORTGAGE COMPANY $155,000 $155,000 0.0% 0.0%
SILVER HILL FUNDING, LLC $155,000 n/a 0.0%
Strong Home Mortgage, LLC $285,000 $155,000 -45.6% 0.0%
Secured Investment Corp. $150,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $175,000 $145,000 -17.1% 0.0%
Arvest Bank $145,000 n/a 0.0%
Blue Ridge Bank $145,000 n/a 0.0%
First Internet Bank of Indiana $540,000 $145,000 -73.1% 0.0%
Liberty Mortgage Corporation $360,000 $145,000 -59.7% 0.0%
ALABAMA STATE EMPLOYEES CREDIT UNION $65,000 $140,000 115.4% 0.0%
First Financial Bank $1,270,000 $140,000 -89.0% 0.0%
CANOPY MORTGAGE, LLC $375,000 $135,000 -64.0% 0.0%
INLANTA MORTGAGE, INC. $215,000 $135,000 -37.2% 0.0%
Sound Community Bank $135,000 n/a 0.0%
THRIVE MORTGAGE, LLC $135,000 n/a 0.0%
AVADIAN $1,465,000 $130,000 -91.1% 0.0%
Fifth Third Bank $1,090,000 $125,000 -88.5% 0.0%
DOMINION FINANCIAL SERVICES, LLC $125,000 $115,000 -8.0% 0.0%
MICHIGAN MUTUAL, INC. $445,000 $115,000 -74.2% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $105,000 n/a 0.0%
ATHAS CAPITAL GROUP, INC. $230,000 $105,000 -54.3% 0.0%
DIGITAL Federal Credit Union $105,000 n/a 0.0%
Guardian Savings Bank, A Federal Savings Bank $105,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $85,000 $105,000 23.5% 0.0%
NobleBank & Trust $105,000 n/a 0.0%
Origin Bank $105,000 n/a 0.0%
Paragon Bank $105,000 n/a 0.0%
Peoples Bank $595,000 $105,000 -82.4% 0.0%
SOFI LENDING CORP. $505,000 $105,000 -79.2% 0.0%
AOD Federal Credit Union $95,000 n/a 0.0%
Pinnacle Bank $1,550,000 $95,000 -93.9% 0.0%
Cornerstone First Mortgage, Inc $85,000 n/a 0.0%
HOMESTAR FINANCIAL CORPORATION $85,000 n/a 0.0%
Warsaw Federal Savings and Loan Association $85,000 n/a 0.0%
Associated Credit Union $75,000 n/a 0.0%
Gateway First Bank $850,000 $75,000 -91.2% 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $75,000 n/a 0.0%
RESIDENTIAL BANCORP. $175,000 $55,000 -68.6% 0.0%
ALL IN $475,000 $35,000 -92.6% 0.0%

TUSCALOOSA's top lender by overall market share is First Federal Bank, A FSB, with 11.9% market share. In second place, with 4.7%, is Regions Bank, having originated $63,850,000 in loans. In third place, with 4.2%, is MOVEMENT MORTGAGE, LLC, having originated $57,630,000 in loans. In fourth place, with 4.0%, is BankFirst Financial Services, having originated $54,570,000 in loans. In fifth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $53,535,000 in loans.


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

Realtor.com - TUSCALOOSA (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 $189,900 (8.5%) $276,399 (12.3%) 0.70 840
2018-02-01 $190,445 (9.7%) $279,004 (13.3%) 0.69 867
2018-03-01 $197,750 (13.1%) $281,184 (10.5%) 0.69 874
2018-04-01 $199,900 (8.1%) $286,192 (9.0%) 0.68 877
2018-05-01 $199,900 (5.4%) $284,496 (7.9%) 0.67 856
2018-06-01 $204,925 (7.9%) $291,475 (8.2%) 0.68 861
2018-07-01 $214,900 (13.2%) $298,124 (10.7%) 0.72 900
2018-08-01 $211,950 (9.7%) $299,819 (7.7%) 0.71 891
2018-09-01 $214,850 (13.1%) $313,706 (11.7%) 0.72 901
2018-10-01 $209,900 (10.8%) $310,932 (12.9%) 0.71 922
2018-11-01 $209,900 (11.8%) $306,985 (10.6%) 0.71 908
2018-12-01 $207,900 (12.4%) $308,852 (13.1%) 0.72 885
2019-01-01 $209,900 (10.5%) $312,591 (13.1%) 0.73 866
2019-02-01 $211,686 (11.2%) $319,251 (14.4%) 0.72 872
2019-03-01 $214,900 (8.7%) $323,823 (15.2%) 0.72 834
2019-04-01 $226,425 (13.3%) $330,123 (15.4%) 0.72 825
2019-05-01 $239,450 (19.8%) $338,174 (18.9%) 0.75 846
2019-06-01 $235,000 (14.7%) $337,201 (15.7%) 0.73 866
2019-07-01 $238,825 (11.1%) $350,200 (17.5%) 0.75 885
2019-08-01 $243,900 (15.1%) $368,272 (22.8%) 0.76 847
2019-09-01 $234,900 (9.3%) $360,443 (14.9%) 0.74 857
2019-10-01 $234,750 (11.8%) $350,935 (12.9%) 0.76 919
2019-11-01 $229,900 (9.5%) $343,703 (12.0%) 0.75 892
2019-12-01 $224,198 (7.8%) $341,041 (10.4%) 0.75 886
2020-01-01 $224,500 (7.0%) $344,929 (10.4%) 0.75 822
2020-02-01 $236,148 (11.6%) $344,244 (7.8%) 0.77 789
2020-03-01 $240,000 (11.7%) $349,573 (8.0%) 0.75 762
2020-04-01 $245,800 (8.6%) $356,190 (7.9%) 0.77 759
2020-05-01 $240,398 (0.4%) $343,242 (1.5%) 0.73 724
2020-06-01 $245,100 (4.3%) $350,526 (4.0%) 0.72 682
2020-07-01 $249,900 (4.6%) $351,893 (0.5%) 0.72 683
2020-08-01 $249,900 (2.5%) $345,634 (-6.2%) 0.72 682
2020-09-01 $249,975 (6.4%) $350,550 (-2.7%) 0.72 660
2020-10-01 $249,900 (6.5%) $345,873 (-1.4%) 0.72 689
2020-11-01 $249,900 (8.7%) $351,902 (2.4%) 0.73 652
2020-12-01 $249,950 (11.5%) $355,035 (4.1%) 0.74 595
2021-01-01 $248,250 (10.6%) $352,857 (2.3%) 0.74 547
2021-02-01 $251,450 (6.5%) $353,639 (2.7%) 0.73 549
2021-03-01 $267,250 (11.4%) $351,165 (0.5%) 0.76 535
2021-04-01 $276,500 (12.5%) $376,846 (5.8%) 0.75 465
2021-05-01 $274,900 (14.4%) $384,254 (12.0%) 0.73 417
2021-06-01 $277,400 (13.2%) $387,927 (10.7%) 0.73 435
2021-07-01 $269,900 (8.0%) $378,035 (7.4%) 0.71 475
2021-08-01 $265,748 (6.3%) $380,340 (10.0%) 0.71 460
2021-09-01 $264,950 (6.0%) $383,384 (9.4%) 0.71 463
2021-10-01 $249,900 (0.0%) $378,808 (9.5%) 0.67 449
2021-11-01 $258,524 (3.5%) $378,062 (7.4%) 0.69 432
2021-12-01 $263,950 (5.6%) $369,505 (4.1%) 0.72 424
2022-01-01 $249,900 (0.7%) $361,679 (2.5%) 0.68 344
2022-02-01 $257,750 (2.5%) $373,805 (5.7%) 0.67 357
2022-03-01 $278,238 (4.1%) $370,899 (5.6%) 0.70 351
2022-04-01 $299,900 (8.5%) $382,512 (1.5%) 0.71 341
2022-05-01 $299,900 (9.1%) $380,135 (-1.1%) 0.69 410
2022-06-01 $304,900 (9.9%) $377,401 (-2.7%) 0.68 499
2022-07-01 $310,000 (14.9%) $384,511 (1.7%) 0.70 596
2022-08-01 $308,800 (16.2%) $387,264 (1.8%) 0.71 570
2022-09-01 $304,198 (14.8%) $383,962 (0.2%) 0.71 565
2022-10-01 $304,900 (22.0%) $388,113 (2.5%) 0.72 513
2022-11-01 $292,401 (13.1%) $379,391 (0.4%) 0.70 526
2022-12-01 $288,698 (9.4%) $380,698 (3.0%) 0.71 504
2023-01-01 $286,698 (14.7%) $384,014 (6.2%) 0.71 514
2023-02-01 $286,520 (11.2%) $393,788 (5.4%) 0.69 526
2023-03-01 $293,950 (5.7%) $396,889 (7.0%) 0.69 507
2023-04-01 $299,000 (-0.3%) $421,759 (10.3%) 0.70 495
TUSCALOOSA's median listing price for 2023-04-01 was $299,000, a difference of $-900 (-0.3%) versus the prior year and $5,050 versus the prior month.

TUSCALOOSA's median listing price comes in at 70% of the national average.

TUSCALOOSA's average listing price for 2023-04-01 was $421,759, a difference of $39,247 (10.3%) versus the prior year and $24,870 versus the prior month.

For the 2023-04-01 period, TUSCALOOSA had 495 MLS listings, a difference of -12 listings (-2%) versus the prior month and 154 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - TUSCALOOSA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 100 days 1,769 sqft
2018-02-01 96 days 1,771 sqft
2018-03-01 70 days 1,761 sqft
2018-04-01 66 days 1,770 sqft
2018-05-01 68 days 1,767 sqft
2018-06-01 73 days 1,762 sqft
2018-07-01 78 days 1,814 sqft
2018-08-01 76 days 1,790 sqft
2018-09-01 75 days 1,774 sqft
2018-10-01 80 days 1,752 sqft
2018-11-01 83 days 1,741 sqft
2018-12-01 96 days 1,728 sqft
2019-01-01 105 days 1,724 sqft
2019-02-01 100 days 1,719 sqft
2019-03-01 72 days 1,760 sqft
2019-04-01 71 days 1,779 sqft
2019-05-01 69 days 1,822 sqft
2019-06-01 67 days 1,800 sqft
2019-07-01 72 days 1,852 sqft
2019-08-01 80 days 1,882 sqft
2019-09-01 79 days 1,814 sqft
2019-10-01 73 days 1,803 sqft
2019-11-01 81 days 1,804 sqft
2019-12-01 99 days 1,801 sqft
2020-01-01 101 days 1,780 sqft
2020-02-01 93 days 1,774 sqft
2020-03-01 74 days 1,786 sqft
2020-04-01 79 days 1,801 sqft
2020-05-01 81 days 1,774 sqft
2020-06-01 81 days 1,799 sqft
2020-07-01 70 days 1,798 sqft
2020-08-01 64 days 1,763 sqft
2020-09-01 79 days 1,798 sqft
2020-10-01 87 days 1,750 sqft
2020-11-01 88 days 1,747 sqft
2020-12-01 93 days 1,720 sqft
2021-01-01 81 days 1,632 sqft
2021-02-01 55 days 1,596 sqft
2021-03-01 53 days 1,611 sqft
2021-04-01 63 days 1,599 sqft
2021-05-01 64 days 1,642 sqft
2021-06-01 53 days 1,643 sqft
2021-07-01 50 days 1,744 sqft
2021-08-01 50 days 1,793 sqft
2021-09-01 53 days 1,799 sqft
2021-10-01 59 days 1,800 sqft
2021-11-01 66 days 1,822 sqft
2021-12-01 62 days 1,778 sqft
2022-01-01 71 days 1,708 sqft
2022-02-01 56 days 1,727 sqft
2022-03-01 42 days 1,775 sqft
2022-04-01 43 days 1,882 sqft
2022-05-01 38 days 1,919 sqft
2022-06-01 36 days 1,987 sqft
2022-07-01 40 days 2,039 sqft
2022-08-01 53 days 2,057 sqft
2022-09-01 63 days 2,055 sqft
2022-10-01 71 days 2,056 sqft
2022-11-01 67 days 1,994 sqft
2022-12-01 70 days 1,969 sqft
2023-01-01 71 days 1,876 sqft
2023-02-01 61 days 1,835 sqft
2023-03-01 57 days 1,886 sqft
2023-04-01 57 days 1,913 sqft
TUSCALOOSA's median listing age (time on market) for 2023-04-01 was 57 days. This is 33% longer than the same period one year ago.

TUSCALOOSA's median square footage for active listings during the 2023-04-01 period was 1,913 sqft. One year prior, the average listing was 1,882 sqft.

TUSCALOOSA, AL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
35006 Tuscaloosa, AL $740 $790 $910 $1,180 $1,270
35111 Tuscaloosa, AL $740 $790 $910 $1,180 $1,270
35184 Tuscaloosa, AL $740 $790 $910 $1,180 $1,270
35188 Tuscaloosa, AL $740 $790 $910 $1,180 $1,270
35401 Tuscaloosa, AL $720 $720 $880 $1,100 $1,190
35402 Tuscaloosa, AL $760 $760 $930 $1,170 $1,260
35403 Tuscaloosa, AL $760 $760 $930 $1,170 $1,260
35404 Tuscaloosa, AL $790 $800 $970 $1,220 $1,320
35405 Tuscaloosa, AL $780 $790 $960 $1,200 $1,300
35406 Tuscaloosa, AL $880 $890 $1,080 $1,350 $1,460
35407 Tuscaloosa, AL $760 $760 $930 $1,170 $1,260
35441 Tuscaloosa, AL $630 $630 $760 $960 $1,030
35444 Tuscaloosa, AL $740 $790 $910 $1,180 $1,270
35446 Tuscaloosa, AL $770 $770 $940 $1,180 $1,270
35449 Tuscaloosa, AL $760 $760 $930 $1,170 $1,260
35452 Tuscaloosa, AL $750 $760 $920 $1,150 $1,250
35453 Tuscaloosa, AL $710 $720 $870 $1,090 $1,180
35456 Tuscaloosa, AL $750 $790 $920 $1,180 $1,270
35457 Tuscaloosa, AL $760 $760 $930 $1,170 $1,260
35458 Tuscaloosa, AL $650 $650 $820 $1,050 $1,110
35463 Tuscaloosa, AL $730 $730 $890 $1,120 $1,210
35466 Tuscaloosa, AL $630 $630 $760 $960 $1,030
35469 Tuscaloosa, AL $630 $630 $770 $960 $1,050
35473 Tuscaloosa, AL $780 $790 $960 $1,200 $1,300
35474 Tuscaloosa, AL $700 $710 $860 $1,080 $1,170
35475 Tuscaloosa, AL $720 $720 $880 $1,100 $1,190
35476 Tuscaloosa, AL $700 $710 $860 $1,080 $1,170
35480 Tuscaloosa, AL $630 $630 $780 $980 $1,050
35486 Tuscaloosa, AL $760 $760 $930 $1,170 $1,260
35490 Tuscaloosa, AL $880 $890 $1,080 $1,350 $1,460
35546 Tuscaloosa, AL $680 $680 $830 $1,040 $1,120
35555 Tuscaloosa, AL $630 $630 $760 $960 $1,030
35574 Tuscaloosa, AL $630 $630 $760 $960 $1,030
35579 Tuscaloosa, AL $630 $630 $760 $960 $1,030
36738 Tuscaloosa, AL $630 $630 $760 $960 $1,030
36742 Tuscaloosa, AL $630 $630 $760 $960 $1,030
36744 Tuscaloosa, AL $630 $630 $760 $960 $1,030
36756 Tuscaloosa, AL $630 $630 $760 $960 $1,030
36765 Tuscaloosa, AL $880 $890 $1,080 $1,350 $1,460
36776 Tuscaloosa, AL $630 $630 $760 $960 $1,030
36786 Tuscaloosa, AL $630 $630 $760 $960 $1,030

2022 Average & Median Rent Data Statistics
TUSCALOOSA, AL average 1BR rent: $725, median: $730
TUSCALOOSA, AL average 2BR rent: $874, median: $890
TUSCALOOSA, AL average 3BR rent: $1,104, median: $1,120

TUSCALOOSA, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 3,395 $960,605,000 $282,947
Cash Out Refi 812 $164,700,000 $202,833
Refi 747 $183,085,000 $245,094
Other 349 $34,515,000 $98,897
Home Improvement 203 $26,025,000 $128,202

Tuscaloosa's most frequently cited loan purpose was Home Purchase, with 3,395 originations. The 2nd most popular reason was Cash Out Refi, with 812 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
4-5% 1,372 $340,790,000 $248,389
5-6% 1,311 $300,125,000 $228,928
3-4% 1,258 $342,100,000 $271,940
6-7% 646 $143,480,000 $222,105
2.5-3% 316 $127,320,000 $402,911
7-8% 214 $37,430,000 $174,907
Over 8% 169 $14,645,000 $86,657
<2.5% 98 $17,540,000 $178,980

During 2022, Tuscaloosa's most frequently originated rate bucket was 4-5%, with 1,372 originations.

Loan Sizing (TUSCALOOSA, AL MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,051 $558,465,000 $272,289
$100k-200k 1,906 $287,980,000 $151,091
$100,000 or less 1,034 $59,260,000 $57,311
$400k-600k 347 $164,565,000 $474,251
$600k-1000k 114 $79,820,000 $700,175
$Over $1MM 54 $218,840,000 $4,052,593

TUSCALOOSA's loan sizing saw the bucket of loans from $200k-400k with 2,051 originations, totaling $558,465,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,559 $638,035,000 $249,330
60-80% 1,361 $374,505,000 $275,169
40-60% 412 $174,150,000 $422,694
Under 20% 399 $23,855,000 $59,787
20-40% 320 $45,500,000 $142,188
Over 100% 90 $41,400,000 $460,000

TUSCALOOSA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,559 originations, totaling $638,035,000 in origination value.