Akron USDA Loan Rates, Closing Costs & Stats
AKRON, OH
USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.
Akron's 6 lenders originated 8 USDA loans during 2024. The total origination value was $1,740,000, with an average USDA loan value of $217,500.
Akron USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Akron
averaged
6.95%
for the week of 2025-07-11, compared to the national average (all USDA variants) of
6.449% for the same period.
Akron's average USDA mortgage closing costs are $5,536.
The average rate for the prior week (2025-07-04) was
6.76% and
one month ago for the week of 2025-06-06, the
average rate was 6.76%.
The average rate one year ago was 6.94%.
For refis of the same type during the week of 2025-07-11, the average rate
was 7.27%.
Akron USDA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Akron level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | 3 | 6.33% | $9,171 |
| Hometown Equity Mortgage, LLC | 1 | 6.00% | $9,280 |
| HOWARD HANNA FINANCIAL SERVICES, INC. | 1 | 6.13% | $6,840 |
| POLARIS HOME FUNDING CORP. | 1 | 6.75% | $14,060 |
| UNION HOME MORTGAGE CORP. | 1 | 6.50% | $10,727 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.24% | $6,596 |
The top Akron USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
3 USDA loans originated. Their average total fees are
$9,171, which is $110
lower than the next largest lender,
Hometown Equity Mortgage, LLC.
The lowest fee Akron USDA lenders (with over 10 loans originated) are
.
The lowest rate Akron USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Akron (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 | $132,825 (5.3%) | $213,814 (8.8%) | 0.49 | 1,868 |
| 2018-02-01 | $133,900 (3.1%) | $216,225 (7.3%) | 0.49 | 1,845 |
| 2018-03-01 | $145,000 (5.1%) | $229,991 (9.4%) | 0.51 | 1,793 |
| 2018-04-01 | $149,950 (7.1%) | $237,212 (9.8%) | 0.51 | 1,771 |
| 2018-05-01 | $162,400 (16.0%) | $244,625 (7.1%) | 0.54 | 1,808 |
| 2018-06-01 | $169,900 (18.5%) | $252,329 (9.8%) | 0.57 | 1,920 |
| 2018-07-01 | $173,000 (16.1%) | $253,602 (9.8%) | 0.58 | 1,960 |
| 2018-08-01 | $166,000 (10.7%) | $243,061 (6.8%) | 0.56 | 2,099 |
| 2018-09-01 | $160,000 (8.1%) | $239,641 (5.2%) | 0.54 | 2,131 |
| 2018-10-01 | $159,900 (11.1%) | $236,163 (7.2%) | 0.54 | 2,105 |
| 2018-11-01 | $154,975 (10.7%) | $236,661 (8.9%) | 0.53 | 2,005 |
| 2018-12-01 | $152,000 (9.4%) | $233,394 (8.8%) | 0.52 | 1,790 |
| 2019-01-01 | $149,900 (12.9%) | $234,887 (9.9%) | 0.52 | 1,624 |
| 2019-02-01 | $153,525 (14.7%) | $245,902 (13.7%) | 0.52 | 1,481 |
| 2019-03-01 | $164,014 (13.1%) | $252,842 (9.9%) | 0.54 | 1,486 |
| 2019-04-01 | $169,250 (12.9%) | $259,196 (9.3%) | 0.54 | 1,494 |
| 2019-05-01 | $174,900 (7.7%) | $255,460 (4.4%) | 0.55 | 1,549 |
| 2019-06-01 | $179,000 (5.4%) | $256,375 (1.6%) | 0.56 | 1,693 |
| 2019-07-01 | $177,450 (2.6%) | $257,121 (1.4%) | 0.56 | 1,788 |
| 2019-08-01 | $172,200 (3.7%) | $252,186 (3.8%) | 0.55 | 1,817 |
| 2019-09-01 | $168,150 (5.1%) | $246,668 (2.9%) | 0.54 | 1,868 |
| 2019-10-01 | $165,000 (3.2%) | $242,053 (2.5%) | 0.53 | 1,937 |
| 2019-11-01 | $153,950 (-0.7%) | $224,363 (-5.2%) | 0.50 | 1,870 |
| 2019-12-01 | $149,900 (-1.4%) | $216,272 (-7.3%) | 0.50 | 1,702 |
| 2020-01-01 | $144,900 (-3.3%) | $215,976 (-8.1%) | 0.48 | 1,542 |
| 2020-02-01 | $149,900 (-2.4%) | $224,664 (-8.6%) | 0.49 | 1,385 |
| 2020-03-01 | $159,950 (-2.5%) | $239,728 (-5.2%) | 0.50 | 1,293 |
| 2020-04-01 | $166,450 (-1.7%) | $245,938 (-5.1%) | 0.52 | 1,260 |
| 2020-05-01 | $178,250 (1.9%) | $254,645 (-0.3%) | 0.54 | 1,132 |
| 2020-06-01 | $189,450 (5.8%) | $267,565 (4.4%) | 0.56 | 1,061 |
| 2020-07-01 | $189,950 (7.0%) | $271,112 (5.4%) | 0.55 | 1,015 |
| 2020-08-01 | $189,900 (10.3%) | $272,614 (8.1%) | 0.54 | 923 |
| 2020-09-01 | $179,950 (7.0%) | $270,789 (9.8%) | 0.52 | 918 |
| 2020-10-01 | $179,900 (9.0%) | $265,953 (9.9%) | 0.52 | 927 |
| 2020-11-01 | $166,750 (8.3%) | $253,511 (13.0%) | 0.49 | 915 |
| 2020-12-01 | $158,500 (5.7%) | $239,545 (10.8%) | 0.47 | 792 |
| 2021-01-01 | $149,900 (3.5%) | $229,439 (6.2%) | 0.45 | 676 |
| 2021-02-01 | $153,850 (2.6%) | $248,136 (10.5%) | 0.45 | 523 |
| 2021-03-01 | $167,400 (4.7%) | $256,752 (7.1%) | 0.48 | 482 |
| 2021-04-01 | $179,925 (8.1%) | $267,615 (8.8%) | 0.49 | 478 |
| 2021-05-01 | $189,450 (6.3%) | $272,707 (7.1%) | 0.50 | 583 |
| 2021-06-01 | $187,450 (-1.1%) | $272,231 (1.7%) | 0.49 | 768 |
| 2021-07-01 | $189,900 (0.0%) | $268,163 (-1.1%) | 0.50 | 909 |
| 2021-08-01 | $183,950 (-3.1%) | $279,379 (2.5%) | 0.49 | 958 |
| 2021-09-01 | $179,450 (-0.3%) | $274,373 (1.3%) | 0.48 | 965 |
| 2021-10-01 | $175,000 (-2.7%) | $265,176 (-0.3%) | 0.47 | 975 |
| 2021-11-01 | $169,950 (1.9%) | $264,925 (4.5%) | 0.45 | 861 |
| 2021-12-01 | $157,400 (-0.7%) | $254,561 (6.3%) | 0.43 | 793 |
| 2022-01-01 | $149,250 (-0.4%) | $254,363 (10.9%) | 0.40 | 644 |
| 2022-02-01 | $155,000 (0.8%) | $270,084 (8.9%) | 0.40 | 489 |
| 2022-03-01 | $171,950 (2.7%) | $283,749 (10.5%) | 0.43 | 473 |
| 2022-04-01 | $179,900 (0.0%) | $294,221 (9.9%) | 0.43 | 559 |
| 2022-05-01 | $187,400 (-1.1%) | $293,402 (7.6%) | 0.43 | 654 |
| 2022-06-01 | $199,900 (6.6%) | $298,113 (9.5%) | 0.45 | 803 |
| 2022-07-01 | $199,900 (5.3%) | $289,189 (7.8%) | 0.45 | 964 |
| 2022-08-01 | $199,750 (8.6%) | $278,782 (-0.2%) | 0.46 | 966 |
| 2022-09-01 | $198,000 (10.3%) | $278,249 (1.4%) | 0.46 | 1,001 |
| 2022-10-01 | $189,000 (8.0%) | $272,085 (2.6%) | 0.44 | 1,085 |
| 2022-11-01 | $188,250 (10.8%) | $266,899 (0.8%) | 0.45 | 1,090 |
| 2022-12-01 | $179,999 (14.4%) | $268,029 (5.3%) | 0.44 | 929 |
| 2023-01-01 | $177,450 (18.9%) | $264,401 (4.0%) | 0.44 | 792 |
| 2023-02-01 | $180,450 (16.4%) | $270,681 (0.2%) | 0.44 | 656 |
| 2023-03-01 | $179,675 (4.5%) | $274,750 (-3.2%) | 0.42 | 611 |
| 2023-04-01 | $199,900 (11.1%) | $290,760 (-1.2%) | 0.46 | 578 |
| 2023-05-01 | $212,000 (13.1%) | $298,760 (1.8%) | 0.48 | 587 |
| 2023-06-01 | $225,500 (12.8%) | $303,426 (1.8%) | 0.51 | 685 |
| 2023-07-01 | $230,000 (15.1%) | $314,740 (8.8%) | 0.52 | 670 |
| 2023-08-01 | $232,475 (16.4%) | $323,173 (15.9%) | 0.53 | 763 |
| 2023-09-01 | $234,950 (18.7%) | $326,310 (17.3%) | 0.55 | 823 |
| 2023-10-01 | $229,950 (21.7%) | $323,978 (19.1%) | 0.54 | 900 |
| 2023-11-01 | $217,000 (15.3%) | $317,322 (18.9%) | 0.52 | 887 |
| 2023-12-01 | $217,000 (20.6%) | $318,336 (18.8%) | 0.53 | 792 |
| 2024-01-01 | $214,793 (21.0%) | $323,634 (22.4%) | 0.52 | 707 |
| 2024-02-01 | $209,950 (16.4%) | $318,861 (17.8%) | 0.51 | 645 |
| 2024-03-01 | $214,900 (19.6%) | $325,974 (18.6%) | 0.51 | 646 |
| 2024-04-01 | $228,750 (14.4%) | $354,727 (22.0%) | 0.53 | 594 |
| 2024-05-01 | $247,000 (16.5%) | $377,008 (26.2%) | 0.56 | 638 |
| 2024-06-01 | $250,000 (10.9%) | $364,581 (20.2%) | 0.57 | 719 |
| 2024-07-01 | $249,675 (8.6%) | $362,925 (15.3%) | 0.57 | 824 |
| 2024-08-01 | $244,900 (5.3%) | $342,066 (5.9%) | 0.57 | 927 |
| 2024-09-01 | $230,000 (-2.1%) | $325,738 (-0.2%) | 0.54 | 993 |
| 2024-10-01 | $228,200 (-0.8%) | $318,669 (-1.6%) | 0.54 | 1,105 |
| 2024-11-01 | $219,900 (1.3%) | $303,387 (-4.4%) | 0.53 | 1,152 |
| 2024-12-01 | $209,950 (-3.3%) | $281,571 (-11.6%) | 0.52 | 966 |
| 2025-01-01 | $199,950 (-6.9%) | $283,971 (-12.3%) | 0.50 | 862 |
| 2025-02-01 | $217,975 (3.8%) | $309,662 (-2.9%) | 0.53 | 791 |
| 2025-03-01 | $225,000 (4.7%) | $312,341 (-4.2%) | 0.53 | 755 |
| 2025-04-01 | $232,900 (1.8%) | $321,107 (-9.5%) | 0.54 | 813 |
| 2025-05-01 | $250,000 (1.2%) | $341,808 (-9.3%) | 0.57 | 862 |
| 2025-06-01 | $262,700 (5.1%) | $346,576 (-4.9%) | 0.60 | 944 |
Akron's median listing price comes in at 60% of the national average.
Akron's average listing price for 2025-06-01 was $346,576, a difference of $-18,005 (-4.9%) versus the prior year and $4,768 versus the prior month.
For the 2025-06-01 period, Akron had 944 MLS listings, a difference of 82 listings (10%) versus the prior month and 225 listings (31%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Akron (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 75 days | 1,538 sqft |
| 2018-02-01 | 68 days | 1,546 sqft |
| 2018-03-01 | 57 days | 1,585 sqft |
| 2018-04-01 | 49 days | 1,606 sqft |
| 2018-05-01 | 47 days | 1,665 sqft |
| 2018-06-01 | 45 days | 1,695 sqft |
| 2018-07-01 | 50 days | 1,874 sqft |
| 2018-08-01 | 48 days | 1,798 sqft |
| 2018-09-01 | 53 days | 1,788 sqft |
| 2018-10-01 | 57 days | 1,781 sqft |
| 2018-11-01 | 59 days | 1,740 sqft |
| 2018-12-01 | 67 days | 1,720 sqft |
| 2019-01-01 | 75 days | 1,683 sqft |
| 2019-02-01 | 72 days | 1,708 sqft |
| 2019-03-01 | 55 days | 1,732 sqft |
| 2019-04-01 | 44 days | 1,752 sqft |
| 2019-05-01 | 42 days | 1,707 sqft |
| 2019-06-01 | 43 days | 1,726 sqft |
| 2019-07-01 | 47 days | 1,747 sqft |
| 2019-08-01 | 51 days | 1,735 sqft |
| 2019-09-01 | 53 days | 1,731 sqft |
| 2019-10-01 | 54 days | 1,728 sqft |
| 2019-11-01 | 61 days | 1,680 sqft |
| 2019-12-01 | 70 days | 1,637 sqft |
| 2020-01-01 | 80 days | 1,615 sqft |
| 2020-02-01 | 76 days | 1,644 sqft |
| 2020-03-01 | 58 days | 1,707 sqft |
| 2020-04-01 | 53 days | 1,710 sqft |
| 2020-05-01 | 72 days | 1,748 sqft |
| 2020-06-01 | 55 days | 1,819 sqft |
| 2020-07-01 | 45 days | 1,822 sqft |
| 2020-08-01 | 48 days | 1,800 sqft |
| 2020-09-01 | 51 days | 1,765 sqft |
| 2020-10-01 | 46 days | 1,746 sqft |
| 2020-11-01 | 50 days | 1,652 sqft |
| 2020-12-01 | 57 days | 1,576 sqft |
| 2021-01-01 | 60 days | 1,533 sqft |
| 2021-02-01 | 50 days | 1,548 sqft |
| 2021-03-01 | 36 days | 1,591 sqft |
| 2021-04-01 | 32 days | 1,654 sqft |
| 2021-05-01 | 26 days | 1,698 sqft |
| 2021-06-01 | 24 days | 1,709 sqft |
| 2021-07-01 | 29 days | 1,691 sqft |
| 2021-08-01 | 31 days | 1,658 sqft |
| 2021-09-01 | 37 days | 1,633 sqft |
| 2021-10-01 | 39 days | 1,615 sqft |
| 2021-11-01 | 42 days | 1,622 sqft |
| 2021-12-01 | 45 days | 1,563 sqft |
| 2022-01-01 | 50 days | 1,537 sqft |
| 2022-02-01 | 46 days | 1,547 sqft |
| 2022-03-01 | 35 days | 1,576 sqft |
| 2022-04-01 | 25 days | 1,586 sqft |
| 2022-05-01 | 28 days | 1,629 sqft |
| 2022-06-01 | 28 days | 1,668 sqft |
| 2022-07-01 | 31 days | 1,680 sqft |
| 2022-08-01 | 36 days | 1,671 sqft |
| 2022-09-01 | 36 days | 1,652 sqft |
| 2022-10-01 | 36 days | 1,640 sqft |
| 2022-11-01 | 39 days | 1,665 sqft |
| 2022-12-01 | 49 days | 1,623 sqft |
| 2023-01-01 | 56 days | 1,607 sqft |
| 2023-02-01 | 48 days | 1,619 sqft |
| 2023-03-01 | 38 days | 1,584 sqft |
| 2023-04-01 | 36 days | 1,668 sqft |
| 2023-05-01 | 36 days | 1,681 sqft |
| 2023-06-01 | 33 days | 1,692 sqft |
| 2023-07-01 | 34 days | 1,747 sqft |
| 2023-08-01 | 32 days | 1,743 sqft |
| 2023-09-01 | 36 days | 1,730 sqft |
| 2023-10-01 | 36 days | 1,728 sqft |
| 2023-11-01 | 38 days | 1,705 sqft |
| 2023-12-01 | 44 days | 1,685 sqft |
| 2024-01-01 | 53 days | 1,672 sqft |
| 2024-02-01 | 42 days | 1,626 sqft |
| 2024-03-01 | 38 days | 1,672 sqft |
| 2024-04-01 | 36 days | 1,788 sqft |
| 2024-05-01 | 28 days | 1,803 sqft |
| 2024-06-01 | 32 days | 1,799 sqft |
| 2024-07-01 | 32 days | 1,757 sqft |
| 2024-08-01 | 33 days | 1,746 sqft |
| 2024-09-01 | 36 days | 1,697 sqft |
| 2024-10-01 | 36 days | 1,669 sqft |
| 2024-11-01 | 40 days | 1,648 sqft |
| 2024-12-01 | 51 days | 1,611 sqft |
| 2025-01-01 | 59 days | 1,577 sqft |
| 2025-02-01 | 43 days | 1,621 sqft |
| 2025-03-01 | 37 days | 1,664 sqft |
| 2025-04-01 | 33 days | 1,687 sqft |
| 2025-05-01 | 35 days | 1,751 sqft |
| 2025-06-01 | 35 days | 1,824 sqft |
Akron's median square footage for active listings during the 2025-06-01 period was 1,824 sqft. One year prior, the average listing was 1,799 sqft.