Albertville USDA Loan Rates, Closing Costs & Stats

Albertville, AL

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    • 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.

    Albertville's 21 lenders originated 67 USDA loans during 2023. The total origination value was $12,945,000, with an average USDA loan value of $193,209.

    Albertville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Albertville averaged 6.5% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Albertville's average USDA mortgage closing costs are $4,538.

    The average rate for the prior week (2025-02-07) was 6.36% and one month ago for the week of 2025-01-10, the average rate was 6.21%.

    The average rate one year ago was 6.3%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.32%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Albertville 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 Albertville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FirstBank 11 6.20% $7,418
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 6.48% $4,627
    GMFS LLC 9 6.51% $3,245
    TJC Mortgage, Inc. 7 6.48% $6,609
    GUARANTEED RATE, INC. 6 5.99% $6,899
    UNITED WHOLESALE MORTGAGE, LLC 3 6.49% $5,225
    CROSSCOUNTRY MORTGAGE, LLC 2 6.25% $8,391
    Regions Bank 2 6.19% $7,508
    UNION HOME MORTGAGE CORP. 2 6.56% $9,238
    CARDINAL FINANCIAL 2 5.87% $7,172
    Hamilton Mortgage Corporation 2 6.75% $7,892
    Victorian Finance, LLC 1 5.75% $8,469
    Century Mortgage Company DBA Century Lending Company 1 6.00% $7,967
    CERTAINTY HOME LOANS, LLC 1 5.88% $5,763
    DAS Acquisition Company, LLC 1 6.25% $7,372
    DELMAR FINANCIAL COMPANY 1 7.25% $6,325
    GUILD MORTGAGE COMPANY 1 7.13% $10,312
    LOANDEPOT.COM, LLC 1 6.25% $8,066
    MORTGAGE INVESTORS GROUP, INC. 1 6.50% $5,601
    NEWREZ LLC 1 6.99% $4,423
    Synovus Bank 1 6.13% $5,066

    The top Albertville USDA lender as defined by loan originations is FirstBank, with 11 USDA loans originated. Their average total fees are $7,418, which is $2,791 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

    The lowest fee Albertville USDA lenders (with over 10 loans originated) are FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($4,627), FirstBank ($7,418), .

    The lowest rate Albertville USDA lenders (with over 10 loans originated) are FirstBank (6.20%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.48%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Albertville (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 $179,900 (5.9%) $261,445 (4.7%) 0.00 425
    2018-02-01 $171,950 (1.2%) $261,209 (4.4%) 0.00 420
    2018-03-01 $182,400 (4.2%) $275,745 (5.5%) 0.00 421
    2018-04-01 $184,900 (2.8%) $275,533 (4.0%) 0.00 420
    2018-05-01 $186,475 (1.1%) $281,303 (4.2%) 0.00 425
    2018-06-01 $199,250 (6.2%) $283,122 (5.9%) 0.00 417
    2018-07-01 $192,863 (3.1%) $277,125 (3.8%) 0.00 410
    2018-08-01 $189,200 (-0.9%) $274,707 (1.2%) 0.00 414
    2018-09-01 $196,500 (0.8%) $278,483 (2.8%) 0.00 426
    2018-10-01 $199,900 (6.7%) $289,835 (7.0%) 0.00 394
    2018-11-01 $222,425 (23.6%) $302,921 (15.1%) 0.00 361
    2018-12-01 $224,900 (24.1%) $309,527 (18.3%) 0.00 348
    2019-01-01 $219,500 (22.0%) $297,698 (13.9%) 0.00 364
    2019-02-01 $229,900 (33.7%) $305,991 (17.1%) 0.00 346
    2019-03-01 $229,943 (26.1%) $306,234 (11.1%) 0.00 352
    2019-04-01 $229,993 (24.4%) $309,761 (12.4%) 0.00 363
    2019-05-01 $229,200 (22.9%) $315,337 (12.1%) 0.00 370
    2019-06-01 $239,900 (20.4%) $330,586 (16.8%) 0.00 370
    2019-07-01 $233,975 (21.3%) $326,257 (17.7%) 0.00 365
    2019-08-01 $229,691 (21.4%) $320,507 (16.7%) 0.00 359
    2019-09-01 $229,302 (16.7%) $317,486 (14.0%) 0.00 340
    2019-10-01 $228,750 (14.4%) $314,172 (8.4%) 0.00 326
    2019-11-01 $229,900 (3.4%) $315,503 (4.2%) 0.00 313
    2019-12-01 $225,100 (0.1%) $311,638 (0.7%) 0.00 300
    2020-01-01 $222,288 (1.3%) $309,768 (4.1%) 0.00 277
    2020-02-01 $234,900 (2.2%) $327,264 (7.0%) 0.00 268
    2020-03-01 $236,900 (3.0%) $337,032 (10.1%) 0.00 281
    2020-04-01 $239,600 (4.2%) $340,815 (10.0%) 0.00 285
    2020-05-01 $240,000 (4.7%) $346,849 (10.0%) 0.00 270
    2020-06-01 $247,425 (3.1%) $351,867 (6.4%) 0.00 250
    2020-07-01 $238,775 (2.1%) $353,787 (8.4%) 0.00 216
    2020-08-01 $249,300 (8.5%) $357,584 (11.6%) 0.00 222
    2020-09-01 $246,925 (7.7%) $352,856 (11.1%) 0.00 208
    2020-10-01 $259,000 (13.2%) $370,719 (18.0%) 0.00 197
    2020-11-01 $249,925 (8.7%) $356,694 (13.1%) 0.00 193
    2020-12-01 $247,475 (9.9%) $354,677 (13.8%) 0.00 180
    2021-01-01 $249,000 (12.0%) $354,585 (14.5%) 0.00 169
    2021-02-01 $261,250 (11.2%) $384,424 (17.5%) 0.00 125
    2021-03-01 $262,400 (10.8%) $405,454 (20.3%) 0.00 110
    2021-04-01 $266,200 (11.1%) $415,783 (22.0%) 0.00 111
    2021-05-01 $299,900 (25.0%) $427,828 (23.4%) 0.00 129
    2021-06-01 $302,450 (22.2%) $512,359 (45.6%) 0.00 110
    2021-07-01 $289,900 (21.4%) $476,312 (34.6%) 0.00 130
    2021-08-01 $293,200 (17.6%) $481,908 (34.8%) 0.00 146
    2021-09-01 $272,475 (10.4%) $436,090 (23.6%) 0.00 141
    2021-10-01 $259,900 (0.4%) $416,634 (12.4%) 0.00 162
    2021-11-01 $286,600 (14.7%) $458,405 (28.5%) 0.00 158
    2021-12-01 $277,000 (11.9%) $439,549 (23.9%) 0.00 130
    2022-01-01 $285,650 (14.7%) $490,138 (38.2%) 0.00 118
    2022-02-01 $290,950 (11.4%) $493,274 (28.3%) 0.00 115
    2022-03-01 $311,225 (18.6%) $498,595 (23.0%) 0.00 125
    2022-04-01 $337,995 (27.0%) $504,007 (21.2%) 0.00 129
    2022-05-01 $360,970 (20.4%) $533,423 (24.7%) 0.00 142
    2022-06-01 $359,848 (19.0%) $520,295 (1.6%) 0.00 181
    2022-07-01 $339,900 (17.3%) $489,180 (2.7%) 0.00 198
    2022-08-01 $327,125 (11.6%) $490,614 (1.8%) 0.00 215
    2022-09-01 $319,900 (17.4%) $488,196 (12.0%) 0.00 219
    2022-10-01 $324,900 (25.0%) $485,500 (16.5%) 0.00 222
    2022-11-01 $359,990 (25.6%) $505,232 (10.2%) 0.00 220
    2022-12-01 $350,000 (26.4%) $528,914 (20.3%) 0.00 213
    2023-01-01 $351,823 (23.2%) $522,657 (6.6%) 0.00 216
    2023-02-01 $352,900 (21.3%) $518,308 (5.1%) 0.00 220
    2023-03-01 $354,900 (14.0%) $496,802 (-0.4%) 0.00 227
    2023-04-01 $359,000 (6.2%) $504,480 (0.1%) 0.00 210
    2023-05-01 $358,623 (-0.7%) $502,814 (-5.7%) 0.00 202
    2023-06-01 $366,973 (2.0%) $517,896 (-0.5%) 0.00 198
    2023-07-01 $379,900 (11.8%) $536,866 (9.8%) 0.00 197
    2023-08-01 $374,225 (14.4%) $506,773 (3.3%) 0.00 222
    2023-09-01 $369,000 (15.4%) $503,743 (3.2%) 0.00 246
    2023-10-01 $364,900 (12.3%) $494,321 (1.8%) 0.00 260
    2023-11-01 $357,200 (-0.8%) $476,780 (-5.6%) 0.00 278
    2023-12-01 $365,000 (4.3%) $495,594 (-6.3%) 0.00 268
    2024-01-01 $359,900 (2.3%) $485,605 (-7.1%) 0.00 245
    2024-02-01 $354,900 (0.6%) $465,516 (-10.2%) 0.00 259
    2024-03-01 $354,950 (0.0%) $475,101 (-4.4%) 0.00 250
    2024-04-01 $349,748 (-2.6%) $459,532 (-8.9%) 0.00 270
    2024-05-01 $343,950 (-4.1%) $478,148 (-4.9%) 0.00 306
    2024-06-01 $345,450 (-5.9%) $472,285 (-8.8%) 0.00 337
    2024-07-01 $329,450 (-13.3%) $455,028 (-15.2%) 0.00 385
    2024-08-01 $325,900 (-12.9%) $448,443 (-11.5%) 0.00 391
    2024-09-01 $315,000 (-14.6%) $430,479 (-14.5%) 0.00 424
    2024-10-01 $319,872 (-12.3%) $435,616 (-11.9%) 0.00 416
    2024-11-01 $328,900 (-7.9%) $460,751 (-3.4%) 0.00 403
    2024-12-01 $327,700 (-10.2%) $459,265 (-7.3%) 0.00 395
    2025-01-01 $335,675 (-6.7%) $460,613 (-5.2%) 0.00 384
    Albertville's median listing price for 2025-01-01 was $335,675, a difference of $-24,225 (-6.7%) versus the prior year and $7,975 versus the prior month.

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

    Albertville's average listing price for 2025-01-01 was $460,613, a difference of $-24,992 (-5.2%) versus the prior year and $1,348 versus the prior month.

    For the 2025-01-01 period, Albertville had 384 MLS listings, a difference of -11 listings (-3%) versus the prior month and 139 listings (57%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Albertville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,077 sqft
    2018-02-01 0 days 2,060 sqft
    2018-03-01 0 days 2,100 sqft
    2018-04-01 0 days 2,121 sqft
    2018-05-01 0 days 2,100 sqft
    2018-06-01 0 days 2,170 sqft
    2018-07-01 0 days 2,071 sqft
    2018-08-01 0 days 2,156 sqft
    2018-09-01 0 days 2,199 sqft
    2018-10-01 0 days 2,200 sqft
    2018-11-01 0 days 2,290 sqft
    2018-12-01 0 days 2,299 sqft
    2019-01-01 0 days 2,215 sqft
    2019-02-01 0 days 2,267 sqft
    2019-03-01 0 days 2,296 sqft
    2019-04-01 0 days 2,296 sqft
    2019-05-01 0 days 2,332 sqft
    2019-06-01 0 days 2,374 sqft
    2019-07-01 0 days 2,381 sqft
    2019-08-01 0 days 2,365 sqft
    2019-09-01 0 days 2,369 sqft
    2019-10-01 0 days 2,364 sqft
    2019-11-01 0 days 2,290 sqft
    2019-12-01 0 days 2,255 sqft
    2020-01-01 0 days 2,185 sqft
    2020-02-01 0 days 2,180 sqft
    2020-03-01 0 days 2,274 sqft
    2020-04-01 0 days 2,239 sqft
    2020-05-01 0 days 2,209 sqft
    2020-06-01 0 days 2,154 sqft
    2020-07-01 0 days 2,194 sqft
    2020-08-01 0 days 2,297 sqft
    2020-09-01 0 days 2,281 sqft
    2020-10-01 0 days 2,290 sqft
    2020-11-01 0 days 2,236 sqft
    2020-12-01 0 days 2,173 sqft
    2021-01-01 0 days 2,164 sqft
    2021-02-01 0 days 2,140 sqft
    2021-03-01 0 days 2,174 sqft
    2021-04-01 0 days 2,359 sqft
    2021-05-01 0 days 2,253 sqft
    2021-06-01 0 days 2,353 sqft
    2021-07-01 0 days 2,290 sqft
    2021-08-01 0 days 2,279 sqft
    2021-09-01 0 days 2,189 sqft
    2021-10-01 0 days 2,031 sqft
    2021-11-01 0 days 2,213 sqft
    2021-12-01 0 days 2,055 sqft
    2022-01-01 0 days 2,085 sqft
    2022-02-01 0 days 2,115 sqft
    2022-03-01 0 days 2,168 sqft
    2022-04-01 0 days 2,259 sqft
    2022-05-01 0 days 2,225 sqft
    2022-06-01 0 days 2,217 sqft
    2022-07-01 0 days 2,195 sqft
    2022-08-01 0 days 2,187 sqft
    2022-09-01 0 days 2,217 sqft
    2022-10-01 0 days 2,298 sqft
    2022-11-01 0 days 2,265 sqft
    2022-12-01 0 days 2,241 sqft
    2023-01-01 0 days 2,294 sqft
    2023-02-01 0 days 2,214 sqft
    2023-03-01 0 days 2,200 sqft
    2023-04-01 0 days 2,200 sqft
    2023-05-01 0 days 2,209 sqft
    2023-06-01 0 days 2,204 sqft
    2023-07-01 0 days 2,187 sqft
    2023-08-01 0 days 2,198 sqft
    2023-09-01 0 days 2,200 sqft
    2023-10-01 0 days 2,224 sqft
    2023-11-01 0 days 2,165 sqft
    2023-12-01 0 days 2,179 sqft
    2024-01-01 0 days 2,184 sqft
    2024-02-01 0 days 2,104 sqft
    2024-03-01 0 days 2,056 sqft
    2024-04-01 0 days 2,003 sqft
    2024-05-01 0 days 1,974 sqft
    2024-06-01 0 days 1,967 sqft
    2024-07-01 0 days 1,971 sqft
    2024-08-01 0 days 1,949 sqft
    2024-09-01 0 days 1,950 sqft
    2024-10-01 0 days 1,943 sqft
    2024-11-01 0 days 1,948 sqft
    2024-12-01 0 days 1,925 sqft
    2025-01-01 0 days 1,915 sqft
    Albertville's median listing age (time on market) for 2025-01-01 was 0 days.

    Albertville's median square footage for active listings during the 2025-01-01 period was 1,915 sqft. One year prior, the average listing was 2,184 sqft.