Vicksburg Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Vicksburg averaged 6.4% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.27% and one month ago for the week of 2024-01-11, the average rate was 6.69%.

Vicksburg's average rate one year ago was 5.95%.

For refis of the same type during the week of 2024-02-15, the average rate was 7.07%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Vicksburg 30 Year Fixed Rate 2024-02-15 6.4%
Vicksburg 30 Year Fixed Rate Refi 2024-02-15 7.07%
Vicksburg 15 Year Fixed Rate 2024-02-15 6.32%
Vicksburg 15 Year Fixed Rate Refi 2024-02-15 6.32%
Vicksburg 30 Year FHA 2024-02-15 6.2%
Vicksburg 30 Year FHA Refi 2024-02-15 6.41%
Vicksburg 30 Year USDA 2024-02-15 6.89%
Vicksburg 30 Year USDA Refi 2024-02-15 6.69%
Vicksburg 30 Year VA 2024-02-15 6.56%
Vicksburg 30 Year VA Refi 2024-02-15 6.36%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Vicksburg, MS.

Vicksburg 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 Vicksburg, 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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Trustmark National Bank 54 4.85% $3,825
BancorpSouth 25 5.08% $4,455
QUICKEN LOANS, LLC 16 4.78% $7,103
GMFS LLC 8 4.56% $2,675
FIDELITY BANK 7 5.07% $6,375
NAVY FEDERAL CREDIT UNION 4 5.53% $4,080
JPMorgan Chase Bank 4 4.90% $1,133
OPEN MORTGAGE, LLC 4 5.09% $7,493
MORTGAGE ACCESS CORP. 3 5.71% $5,571
CORNERSTONE HOME LENDING, INC. 3 6.08% $10,560
Mr. Cooper ( Nationstar Mortgage ) 3 4.21% $5,162
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 4.71% $5,301
Regions Bank 3 4.79% $4,051
LOANDEPOT.COM, LLC 3 4.08% $4,839
UNITED WHOLESALE MORTGAGE, LLC 3 5.39% $5,337
Ally Bank 2 5.13% $4,757
21ST MORTGAGE CORPORATION 2 6.67% $5,410
Bank of England 2 5.06% $5,814
U.S. Bank 2 6.50% $4,720
Renasant Bank 2 5.06% $3,729
Wells Fargo Bank 2 4.81% $4,060
Northpointe Bank 1 5.38% $6,262
Origin Bank 1 5.13% $4,589
PENNYMAC LOAN SERVICES, LLC 1 4.88% $11,596
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.75% $4,140
RIVERLAND FEDERAL CREDIT UNION 1 3.88% $4,500
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 5.75% $8,359
USAA Federal Savings Bank 1 5.63% $4,966
ZILLOW HOME LOANS, LLC 1 5.63% $5,609
AmeriHome Mortgage Company, LLC 1 5.63% $6,156
AMERISAVE MORTGAGE CORPORATION 1 4.88% $2,357
Assurance Financial Group, L.L.C. 1 5.99% $4,064
Bank of America 1 3.88% $5,577
BankPlus 1 4.13% $6,276
BNC National Bank 1 5.50% $4,815
Carrington Mortgage Services, LLC 1 6.00% $4,027
CHURCHILL MORTGAGE CORPORATION 1 6.13% $4,577
Community Bank of Mississippi 1 3.88% $6,094
CRESCENT MORTGAGE COMPANY 1 7.63% $6,008
DEEPHAVEN MORTGAGE LLC 1 9.75% $11,871
EVERETT FINANCIAL, INC. 1 4.38% $2,140
Flagstar Bank, FSB 1 3.63% $3,611
Hancock Whitney Bank 1 6.38% $3,593
HOME POINT FINANCIAL CORPORATION 1 2.88% $6,182
HOPE FEDERAL CREDIT UNION 1 5.50% $5,173
Ixonia Bank 1 3.38% $3,932
Magnolia Bank 1 3.99% $3,346
MORTGAGE INVESTORS GROUP, INC. 1 6.63% $5,280
M&T Bank 1 3.38% $4,564

Vicksburg Average Closing Costs & Other Stats

Vicksburg, MS's 49 lenders originated 722 loans during 2022. The total origination value was $129,350,000, with an average loan value of $179,155.

Vicksburg's average closing costs are $4,867.

The top Vicksburg lender as defined by loan originations is Trustmark National Bank, with 54 loans originated. Their average total fees are $3,825, which is $630 lower than the next largest lender, BancorpSouth.

The lowest fee Vicksburg lenders (with over 10 loans originated) are Trustmark National Bank ($3,825), BancorpSouth ($4,455), QUICKEN LOANS, LLC ($7,103), .

The lowest rate Vicksburg lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (4.78%), Trustmark National Bank (4.85%), BancorpSouth (5.08%), .

Vicksburg, MS Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Trustmark National Bank $36,785,000 $26,170,000 -28.9% 20.2%
BancorpSouth Bank $19,965,000 $13,800,000 -30.9% 10.7%
Guaranty Bank and Trust Company $5,745,000 $10,225,000 78.0% 7.9%
ORIX REAL ESTATE CAPITAL, LLC $9,125,000 n/a 7.1%
QUICKEN LOANS, LLC $16,345,000 $7,500,000 -54.1% 5.8%
MUTUAL $8,785,000 $6,625,000 -24.6% 5.1%
Mortgage Research Center, LLC $3,195,000 $3,185,000 -0.3% 2.5%
GMFS LLC $5,305,000 $2,975,000 -43.9% 2.3%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $6,725,000 $2,930,000 -56.4% 2.3%
OPEN MORTGAGE, LLC $3,185,000 $2,775,000 -12.9% 2.1%
Liberty Bank and Trust Company $4,925,000 $2,620,000 -46.8% 2.0%
FIDELITY BANK $8,105,000 $2,280,000 -71.9% 1.8%
Community Bank of Mississippi $1,800,000 $2,035,000 13.1% 1.6%
21ST MORTGAGE CORPORATION $850,000 $1,865,000 119.4% 1.4%
USAA Federal Savings Bank $1,365,000 $1,790,000 31.1% 1.4%
BankPlus $165,000 $1,785,000 981.8% 1.4%
Regions Bank $2,185,000 $1,730,000 -20.8% 1.3%
JPMorgan Chase Bank $685,000 $1,620,000 136.5% 1.3%
LOANDEPOT.COM, LLC $1,935,000 $1,620,000 -16.3% 1.3%
Flagstar Bank, FSB $770,000 $1,460,000 89.6% 1.1%
UNITED WHOLESALE MORTGAGE, LLC $955,000 $1,320,000 38.2% 1.0%
Origin Bank $680,000 $1,275,000 87.5% 1.0%
PENNYMAC LOAN SERVICES, LLC $2,395,000 $1,265,000 -47.2% 1.0%
FREEDOM MORTGAGE CORPORATION $4,225,000 $1,105,000 -73.8% 0.9%
CORNERSTONE HOME LENDING, INC. $355,000 $1,095,000 208.5% 0.8%
NAVY FEDERAL CREDIT UNION $2,045,000 $970,000 -52.6% 0.7%
MORTGAGE ACCESS CORP. $370,000 $870,000 135.1% 0.7%
United Community Bank $745,000 n/a 0.6%
U.S. Bank $645,000 n/a 0.5%
Mr. Cooper ( Nationstar Mortgage ) $1,995,000 $615,000 -69.2% 0.5%
North American Savings Bank, F.S.B. $615,000 n/a 0.5%
FINANCE OF AMERICA MORTGAGE LLC $580,000 n/a 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $540,000 n/a 0.4%
AMERISAVE MORTGAGE CORPORATION $1,335,000 $525,000 -60.7% 0.4%
NEW DAY FINANCIAL, LLC $775,000 $445,000 -42.6% 0.3%
Ally Bank $420,000 $440,000 4.8% 0.3%
Renasant Bank $375,000 $440,000 17.3% 0.3%
Wells Fargo Bank $1,360,000 $395,000 -71.0% 0.3%
BNC National Bank $375,000 n/a 0.3%
GUARANTY HOME MORTGAGE CORPORATION $580,000 $375,000 -35.3% 0.3%
Hancock Whitney Bank $375,000 n/a 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $365,000 n/a 0.3%
DEEPHAVEN MORTGAGE LLC $335,000 n/a 0.3%
Peoples Bank $330,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $325,000 n/a 0.3%
American Bank & Trust Company $305,000 n/a 0.2%
Ixonia Bank $305,000 n/a 0.2%
MORTGAGE INVESTORS GROUP, INC. $175,000 $295,000 68.6% 0.2%
AMERICAN INTERNET MORTGAGE, INC. $380,000 $265,000 -30.3% 0.2%
KEESLER $265,000 n/a 0.2%
Nations Lending Corporation $205,000 $265,000 29.3% 0.2%
Eagle Bank and Trust Company $195,000 $245,000 25.6% 0.2%
NEWREZ LLC $1,050,000 $245,000 -76.7% 0.2%
HOME POINT FINANCIAL CORPORATION $95,000 $225,000 136.8% 0.2%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $225,000 n/a 0.2%
M&T Bank $220,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $215,000 n/a 0.2%
FirstBank $160,000 $215,000 34.4% 0.2%
Bank of England $210,000 n/a 0.2%
Equity Prime Mortgage LLC $210,000 n/a 0.2%
AmeriHome Mortgage Company, LLC $205,000 n/a 0.2%
PLANET HOME LENDING, LLC $215,000 $205,000 -4.7% 0.2%
Community First National Bank $195,000 n/a 0.2%
First Guaranty Mortgage Corporation $115,000 $195,000 69.6% 0.2%
LAKEVIEW LOAN SERVICING, LLC $2,910,000 $195,000 -93.3% 0.2%
The Federal Savings Bank $370,000 $195,000 -47.3% 0.2%
RELIANCE FIRST CAPITAL, LLC $265,000 $185,000 -30.2% 0.1%
CROSSCOUNTRY MORTGAGE, LLC $165,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $165,000 n/a 0.1%
Bank of America $905,000 $160,000 -82.3% 0.1%
Cross Keys Bank $155,000 n/a 0.1%
EVERETT FINANCIAL, INC. $155,000 n/a 0.1%
Magnolia Bank $300,000 $155,000 -48.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $150,000 $145,000 -3.3% 0.1%
ZILLOW HOME LOANS, LLC $125,000 $145,000 16.0% 0.1%
Assurance Financial Group, L.L.C. $305,000 $140,000 -54.1% 0.1%
Carrington Mortgage Services, LLC $480,000 $140,000 -70.8% 0.1%
GUARANTEED RATE, INC. $135,000 n/a 0.1%
HOPE FEDERAL CREDIT UNION $135,000 n/a 0.1%
PHH Mortgage Corporation $270,000 $135,000 -50.0% 0.1%
CRESCENT MORTGAGE COMPANY $115,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $535,000 $115,000 -78.5% 0.1%
ANGEL OAK HOME LOANS LLC $95,000 $105,000 10.5% 0.1%
Concordia Bank and Trust Company $105,000 n/a 0.1%
Northpointe Bank $265,000 $105,000 -60.4% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $105,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $85,000 $95,000 11.8% 0.1%
Citizens Bank $380,000 $95,000 -75.0% 0.1%
Figure Lending LLC $90,000 n/a 0.1%
RIVERLAND FEDERAL CREDIT UNION $195,000 $85,000 -56.4% 0.1%
CALIBER HOME LOANS, INC. $360,000 $75,000 -79.2% 0.1%
MORIA DEVELOPMENT, INC. $75,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $305,000 $75,000 -75.4% 0.1%
ATLANTA POSTAL $55,000 n/a 0.0%
ALL IN $45,000 n/a 0.0%

Vicksburg's top lender by overall market share is Trustmark National Bank, with 20.2% market share. In second place, with 10.7%, is BancorpSouth Bank, having originated $13,800,000 in loans. In third place, with 7.9%, is Guaranty Bank and Trust Company, having originated $10,225,000 in loans. In fourth place, with 7.1%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $9,125,000 in loans. In fifth place, with 5.8%, is QUICKEN LOANS, LLC, having originated $7,500,000 in loans.


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

Realtor.com - Vicksburg (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 $132,475 (-2.4%) $167,763 (2.6%) 0.00 221
2018-02-01 $129,900 (-1.9%) $167,138 (3.5%) 0.00 220
2018-03-01 $131,500 (-9.3%) $169,082 (-1.7%) 0.00 209
2018-04-01 $134,000 (-7.3%) $174,355 (1.5%) 0.00 204
2018-05-01 $129,900 (-7.2%) $170,651 (-2.0%) 0.00 214
2018-06-01 $129,900 (-8.0%) $175,078 (0.1%) 0.00 214
2018-07-01 $141,175 (-5.2%) $182,431 (1.5%) 0.00 216
2018-08-01 $137,250 (-8.0%) $178,927 (0.3%) 0.00 211
2018-09-01 $143,500 (-4.3%) $180,256 (-1.2%) 0.00 198
2018-10-01 $147,000 (-1.6%) $182,183 (0.6%) 0.00 197
2018-11-01 $144,950 (-2.7%) $186,009 (2.1%) 0.00 192
2018-12-01 $151,250 (4.7%) $189,423 (5.7%) 0.00 180
2019-01-01 $146,500 (10.6%) $189,066 (12.7%) 0.00 165
2019-02-01 $154,200 (18.7%) $188,799 (13.0%) 0.00 155
2019-03-01 $147,143 (11.9%) $185,521 (9.7%) 0.00 156
2019-04-01 $149,643 (11.7%) $186,885 (7.2%) 0.00 155
2019-05-01 $134,975 (3.9%) $179,506 (5.2%) 0.00 147
2019-06-01 $131,500 (1.2%) $176,427 (0.8%) 0.00 147
2019-07-01 $130,000 (-7.9%) $168,267 (-7.8%) 0.00 135
2019-08-01 $130,272 (-5.1%) $166,858 (-6.7%) 0.00 133
2019-09-01 $130,681 (-8.9%) $171,671 (-4.8%) 0.00 126
2019-10-01 $133,500 (-9.2%) $177,331 (-2.7%) 0.00 125
2019-11-01 $140,000 (-3.4%) $193,768 (4.2%) 0.00 123
2019-12-01 $149,000 (-1.5%) $197,185 (4.1%) 0.00 125
2020-01-01 $140,750 (-3.9%) $188,808 (-0.1%) 0.00 112
2020-02-01 $150,000 (-2.7%) $189,455 (0.4%) 0.00 116
2020-03-01 $159,950 (8.7%) $197,921 (6.7%) 0.00 119
2020-04-01 $162,500 (8.6%) $191,250 (2.3%) 0.00 115
2020-05-01 $154,500 (14.5%) $193,765 (7.9%) 0.00 109
2020-06-01 $150,000 (14.1%) $198,237 (12.4%) 0.00 98
2020-07-01 $159,450 (22.7%) $202,861 (20.6%) 0.00 93
2020-08-01 $165,000 (26.7%) $207,730 (24.5%) 0.00 94
2020-09-01 $173,450 (32.7%) $227,647 (32.6%) 0.00 95
2020-10-01 $191,000 (43.1%) $245,539 (38.5%) 0.00 86
2020-11-01 $185,000 (32.1%) $237,069 (22.4%) 0.00 90
2020-12-01 $163,475 (9.7%) $235,006 (19.2%) 0.00 84
2021-01-01 $159,250 (13.1%) $213,167 (12.9%) 0.00 72
2021-02-01 $154,950 (3.3%) $202,758 (7.0%) 0.00 68
2021-03-01 $149,638 (-6.5%) $198,735 (0.4%) 0.00 73
2021-04-01 $143,475 (-11.7%) $194,117 (1.5%) 0.00 68
2021-05-01 $167,500 (8.4%) $210,536 (8.7%) 0.00 67
2021-06-01 $169,950 (13.3%) $252,418 (27.3%) 0.00 67
2021-07-01 $150,000 (-5.9%) $245,402 (21.0%) 0.00 61
2021-08-01 $152,500 (-7.6%) $247,136 (19.0%) 0.00 70
2021-09-01 $159,000 (-8.3%) $254,997 (12.0%) 0.00 62
2021-10-01 $139,450 (-27.0%) $213,983 (-12.9%) 0.00 64
2021-11-01 $145,900 (-21.1%) $228,776 (-3.5%) 0.00 66
2021-12-01 $139,975 (-14.4%) $227,954 (-3.0%) 0.00 65
2022-01-01 $150,000 (-5.8%) $219,374 (2.9%) 0.00 62
2022-02-01 $171,250 (10.5%) $233,396 (15.1%) 0.00 63
2022-03-01 $167,500 (11.9%) $229,715 (15.6%) 0.00 62
2022-04-01 $176,300 (22.9%) $228,085 (17.5%) 0.00 69
2022-05-01 $220,000 (31.3%) $265,771 (26.2%) 0.00 73
2022-06-01 $206,250 (21.4%) $248,896 (-1.4%) 0.00 85
2022-07-01 $220,000 (46.7%) $252,854 (3.0%) 0.00 84
2022-08-01 $200,000 (31.2%) $257,469 (4.2%) 0.00 84
2022-09-01 $215,500 (35.5%) $255,293 (0.1%) 0.00 82
2022-10-01 $195,000 (39.8%) $226,395 (5.8%) 0.00 80
2022-11-01 $189,000 (29.5%) $218,882 (-4.3%) 0.00 87
2022-12-01 $185,250 (32.4%) $212,418 (-6.8%) 0.00 85
2023-01-01 $180,750 (20.5%) $195,919 (-10.7%) 0.00 88
2023-02-01 $160,000 (-6.6%) $188,353 (-19.3%) 0.00 86
2023-03-01 $154,500 (-7.8%) $182,482 (-20.6%) 0.00 84
2023-04-01 $167,700 (-4.9%) $199,200 (-12.7%) 0.00 90
2023-05-01 $159,900 (-27.3%) $197,835 (-25.6%) 0.00 86
2023-06-01 $157,000 (-23.9%) $192,133 (-22.8%) 0.00 88
2023-07-01 $168,750 (-23.3%) $196,594 (-22.3%) 0.00 88
2023-08-01 $182,725 (-8.6%) $207,726 (-19.3%) 0.00 95
2023-09-01 $165,000 (-23.4%) $194,258 (-23.9%) 0.00 98
2023-10-01 $165,450 (-15.2%) $196,602 (-13.2%) 0.00 97
2023-11-01 $165,975 (-12.2%) $201,325 (-8.0%) 0.00 98
2023-12-01 $174,950 (-5.6%) $212,708 (0.1%) 0.00 95
Vicksburg's median listing price for 2023-12-01 was $174,950, a difference of $-10,300 (-5.6%) versus the prior year and $8,975 versus the prior month.

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

Vicksburg's average listing price for 2023-12-01 was $212,708, a difference of $290 (0.1%) versus the prior year and $11,383 versus the prior month.

For the 2023-12-01 period, Vicksburg had 95 MLS listings, a difference of -3 listings (-3%) versus the prior month and 10 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Vicksburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,837 sqft
2018-02-01 0 days 1,839 sqft
2018-03-01 0 days 1,866 sqft
2018-04-01 0 days 1,908 sqft
2018-05-01 0 days 1,893 sqft
2018-06-01 0 days 1,891 sqft
2018-07-01 0 days 1,910 sqft
2018-08-01 0 days 1,907 sqft
2018-09-01 0 days 1,907 sqft
2018-10-01 0 days 1,915 sqft
2018-11-01 0 days 1,955 sqft
2018-12-01 0 days 1,958 sqft
2019-01-01 0 days 1,944 sqft
2019-02-01 0 days 1,929 sqft
2019-03-01 0 days 1,880 sqft
2019-04-01 0 days 1,882 sqft
2019-05-01 0 days 1,824 sqft
2019-06-01 0 days 1,805 sqft
2019-07-01 0 days 1,770 sqft
2019-08-01 0 days 1,755 sqft
2019-09-01 0 days 1,759 sqft
2019-10-01 0 days 1,762 sqft
2019-11-01 0 days 1,812 sqft
2019-12-01 0 days 1,806 sqft
2020-01-01 0 days 1,800 sqft
2020-02-01 0 days 1,780 sqft
2020-03-01 0 days 1,849 sqft
2020-04-01 0 days 1,868 sqft
2020-05-01 0 days 1,851 sqft
2020-06-01 0 days 1,820 sqft
2020-07-01 0 days 1,838 sqft
2020-08-01 0 days 1,851 sqft
2020-09-01 0 days 1,926 sqft
2020-10-01 0 days 2,100 sqft
2020-11-01 0 days 2,034 sqft
2020-12-01 0 days 1,861 sqft
2021-01-01 0 days 1,850 sqft
2021-02-01 0 days 1,825 sqft
2021-03-01 0 days 1,767 sqft
2021-04-01 0 days 1,672 sqft
2021-05-01 0 days 1,839 sqft
2021-06-01 0 days 1,735 sqft
2021-07-01 0 days 1,661 sqft
2021-08-01 0 days 1,727 sqft
2021-09-01 0 days 1,702 sqft
2021-10-01 0 days 1,703 sqft
2021-11-01 0 days 1,703 sqft
2021-12-01 0 days 1,644 sqft
2022-01-01 0 days 1,675 sqft
2022-02-01 0 days 1,759 sqft
2022-03-01 0 days 1,745 sqft
2022-04-01 0 days 1,912 sqft
2022-05-01 0 days 2,054 sqft
2022-06-01 0 days 1,862 sqft
2022-07-01 0 days 1,864 sqft
2022-08-01 0 days 1,856 sqft
2022-09-01 0 days 1,860 sqft
2022-10-01 0 days 1,822 sqft
2022-11-01 0 days 1,803 sqft
2022-12-01 0 days 1,832 sqft
2023-01-01 0 days 1,827 sqft
2023-02-01 0 days 1,843 sqft
2023-03-01 0 days 1,847 sqft
2023-04-01 0 days 1,929 sqft
2023-05-01 0 days 1,821 sqft
2023-06-01 0 days 1,816 sqft
2023-07-01 0 days 1,829 sqft
2023-08-01 0 days 1,866 sqft
2023-09-01 0 days 1,853 sqft
2023-10-01 0 days 1,902 sqft
2023-11-01 0 days 1,892 sqft
2023-12-01 0 days 1,916 sqft
Vicksburg's median listing age (time on market) for 2023-12-01 was 0 days.

Vicksburg's median square footage for active listings during the 2023-12-01 period was 1,916 sqft. One year prior, the average listing was 1,832 sqft.

Vicksburg, MS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 428 $83,080,000 $194,112
Refi 110 $18,920,000 $172,000
Cash Out Refi 93 $15,485,000 $166,505
Other 74 $4,790,000 $64,730
Home Improvement 17 $7,075,000 $416,176

Vicksburg's most frequently cited loan purpose was Home Purchase, with 428 originations. The 2nd most popular reason was Refi, with 110 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 154 $29,450,000 $191,234
3-4% 150 $24,370,000 $162,467
4-5% 110 $27,810,000 $252,818
6-7% 66 $10,680,000 $161,818
<2.5% 62 $13,260,000 $213,871
2.5-3% 51 $7,295,000 $143,039
7-8% 34 $4,560,000 $134,118
Over 8% 17 $1,745,000 $102,647

During 2022, Vicksburg's most frequently originated rate bucket was 5-6%, with 154 originations.

Loan Sizing (Vicksburg, MS MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 272 $39,170,000 $144,007
$100,000 or less 238 $12,090,000 $50,798
$200k-400k 187 $49,555,000 $265,000
$400k-600k 16 $6,990,000 $436,875
$Over $1MM 6 $19,510,000 $3,251,667
$600k-1000k 3 $2,035,000 $678,333

Vicksburg's loan sizing saw the bucket of loans from $100k-200k with 272 originations, totaling $39,170,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 315 $60,495,000 $192,048
60-80% 131 $23,405,000 $178,664
Under 20% 77 $1,735,000 $22,532
20-40% 61 $7,445,000 $122,049
40-60% 40 $11,460,000 $286,500
Over 100% 22 $14,640,000 $665,455

Vicksburg's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 315 originations, totaling $60,495,000 in origination value.