Americus USDA Loan Rates, Closing Costs & Stats

Americus, GA

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Americus's 7 lenders originated 9 USDA loans during 2023. The total origination value was $1,375,000, with an average USDA loan value of $152,778.

    Americus USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Americus averaged 6.42% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Americus's average USDA mortgage closing costs are $4,879.

    The average rate for the prior week (2024-12-06) was 6.25% and one month ago for the week of 2024-11-08, the average rate was 6.47%.

    The average rate one year ago was 6.84%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.2%.

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

    Americus 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 Americus level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Capital City Home Loans, LLC 3 6.63% $5,103
    CMG MORTGAGE, INC. 1 7.13% $8,385
    OCMBC, INC. 1 7.25% $3,986
    Paramount Residential Mortgage Group, Inc. 1 7.25% $5,267
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $6,538
    Synovus Bank 1 6.25% $7,979
    TOWNE MORTGAGE COMPANY 1 6.63% $3,941

    The top Americus USDA lender as defined by loan originations is Capital City Home Loans, LLC, with 3 USDA loans originated. Their average total fees are $5,103, which is $3,283 lower than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee Americus USDA lenders (with over 10 loans originated) are .

    The lowest rate Americus USDA lenders (with over 10 loans originated) are .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Americus (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 $123,750 (-4.1%) $179,699 (4.4%) 0.00 145
    2018-02-01 $119,950 (-7.1%) $172,987 (-2.5%) 0.00 150
    2018-03-01 $126,750 (1.6%) $175,911 (0.5%) 0.00 142
    2018-04-01 $124,900 (-0.9%) $174,540 (1.5%) 0.00 137
    2018-05-01 $125,975 (-2.3%) $171,851 (-0.1%) 0.00 126
    2018-06-01 $127,000 (-1.9%) $172,898 (2.3%) 0.00 126
    2018-07-01 $123,750 (-4.7%) $160,150 (-8.8%) 0.00 135
    2018-08-01 $124,925 (2.2%) $158,929 (-14.1%) 0.00 132
    2018-09-01 $127,450 (6.3%) $157,430 (-16.5%) 0.00 131
    2018-10-01 $139,250 (17.2%) $162,031 (-11.0%) 0.00 133
    2018-11-01 $148,500 (27.9%) $166,226 (-4.5%) 0.00 123
    2018-12-01 $154,900 (29.1%) $170,548 (-4.4%) 0.00 120
    2019-01-01 $153,675 (24.2%) $167,792 (-6.6%) 0.00 109
    2019-02-01 $149,950 (25.0%) $165,376 (-4.4%) 0.00 112
    2019-03-01 $144,207 (13.8%) $163,269 (-7.2%) 0.00 112
    2019-04-01 $149,950 (20.1%) $167,786 (-3.9%) 0.00 108
    2019-05-01 $139,900 (11.1%) $161,487 (-6.0%) 0.00 110
    2019-06-01 $139,900 (10.2%) $162,660 (-5.9%) 0.00 102
    2019-07-01 $139,900 (13.1%) $170,524 (6.5%) 0.00 104
    2019-08-01 $144,964 (16.0%) $170,421 (7.2%) 0.00 111
    2019-09-01 $144,984 (13.8%) $168,789 (7.2%) 0.00 118
    2019-10-01 $144,998 (4.1%) $166,392 (2.7%) 0.00 123
    2019-11-01 $154,500 (4.0%) $168,040 (1.1%) 0.00 123
    2019-12-01 $159,500 (3.0%) $173,297 (1.6%) 0.00 116
    2020-01-01 $156,750 (2.0%) $173,223 (3.2%) 0.00 113
    2020-02-01 $163,352 (8.9%) $174,578 (5.6%) 0.00 111
    2020-03-01 $164,500 (14.1%) $180,421 (10.5%) 0.00 103
    2020-04-01 $167,425 (11.7%) $186,061 (10.9%) 0.00 94
    2020-05-01 $168,100 (20.2%) $183,171 (13.4%) 0.00 81
    2020-06-01 $162,202 (15.9%) $176,920 (8.8%) 0.00 67
    2020-07-01 $163,352 (16.8%) $177,985 (4.4%) 0.00 58
    2020-08-01 $119,500 (-17.6%) $176,098 (3.3%) 0.00 49
    2020-09-01 $133,675 (-7.8%) $168,537 (-0.2%) 0.00 48
    2020-10-01 $139,900 (-3.5%) $157,351 (-5.4%) 0.00 44
    2020-11-01 $153,675 (-0.5%) $172,393 (2.6%) 0.00 46
    2020-12-01 $153,653 (-3.7%) $179,895 (3.8%) 0.00 46
    2021-01-01 $152,653 (-2.6%) $168,846 (-2.5%) 0.00 47
    2021-02-01 $156,000 (-4.5%) $188,405 (7.9%) 0.00 43
    2021-03-01 $139,902 (-15.0%) $187,549 (4.0%) 0.00 38
    2021-04-01 $126,127 (-24.7%) $183,072 (-1.6%) 0.00 36
    2021-05-01 $164,000 (-2.4%) $209,186 (14.2%) 0.00 34
    2021-06-01 $170,500 (5.1%) $219,160 (23.9%) 0.00 38
    2021-07-01 $145,950 (-10.7%) $199,440 (12.1%) 0.00 42
    2021-08-01 $149,900 (25.4%) $206,862 (17.5%) 0.00 56
    2021-09-01 $149,900 (12.1%) $206,489 (22.5%) 0.00 54
    2021-10-01 $164,500 (17.6%) $234,509 (49.0%) 0.00 53
    2021-11-01 $155,000 (0.9%) $253,082 (46.8%) 0.00 54
    2021-12-01 $151,500 (-1.4%) $243,758 (35.5%) 0.00 44
    2022-01-01 $149,950 (-1.8%) $242,338 (43.5%) 0.00 40
    2022-02-01 $140,600 (-9.9%) $222,360 (18.0%) 0.00 45
    2022-03-01 $142,450 (1.8%) $235,251 (25.4%) 0.00 44
    2022-04-01 $137,450 (9.0%) $221,058 (20.8%) 0.00 39
    2022-05-01 $138,075 (-15.8%) $211,008 (0.9%) 0.00 35
    2022-06-01 $159,950 (-6.2%) $223,611 (2.0%) 0.00 38
    2022-07-01 $195,000 (33.6%) $274,055 (37.4%) 0.00 46
    2022-08-01 $250,475 (67.1%) $303,387 (46.7%) 0.00 44
    2022-09-01 $209,450 (39.7%) $278,564 (34.9%) 0.00 49
    2022-10-01 $215,000 (30.7%) $275,878 (17.6%) 0.00 52
    2022-11-01 $174,950 (12.9%) $272,254 (7.6%) 0.00 47
    2022-12-01 $202,450 (33.6%) $282,711 (16.0%) 0.00 46
    2023-01-01 $159,900 (6.6%) $267,129 (10.2%) 0.00 46
    2023-02-01 $166,250 (18.2%) $267,003 (20.1%) 0.00 40
    2023-03-01 $180,600 (26.8%) $266,419 (13.3%) 0.00 42
    2023-04-01 $199,000 (44.8%) $281,928 (27.5%) 0.00 44
    2023-05-01 $199,225 (44.3%) $303,217 (43.7%) 0.00 40
    2023-06-01 $184,000 (15.0%) $284,163 (27.1%) 0.00 46
    2023-07-01 $209,900 (7.6%) $361,262 (31.8%) 0.00 51
    2023-08-01 $218,725 (-12.7%) $364,261 (20.1%) 0.00 49
    2023-09-01 $248,500 (18.6%) $350,242 (25.7%) 0.00 52
    2023-10-01 $222,225 (3.4%) $355,382 (28.8%) 0.00 45
    2023-11-01 $249,925 (42.9%) $342,946 (26.0%) 0.00 41
    2023-12-01 $249,000 (23.0%) $318,962 (12.8%) 0.00 41
    2024-01-01 $234,500 (46.7%) $288,207 (7.9%) 0.00 42
    2024-02-01 $250,000 (50.4%) $295,235 (10.6%) 0.00 42
    2024-03-01 $238,950 (32.3%) $279,836 (5.0%) 0.00 43
    2024-04-01 $241,675 (21.4%) $269,492 (-4.4%) 0.00 42
    2024-05-01 $271,950 (36.5%) $323,415 (6.7%) 0.00 50
    2024-06-01 $279,000 (51.6%) $348,871 (22.8%) 0.00 51
    2024-07-01 $281,750 (34.2%) $348,587 (-3.5%) 0.00 58
    2024-08-01 $264,950 (21.1%) $314,700 (-13.6%) 0.00 56
    2024-09-01 $254,925 (2.6%) $315,558 (-9.9%) 0.00 60
    2024-10-01 $257,450 (15.9%) $333,534 (-6.2%) 0.00 74
    2024-11-01 $299,000 (19.6%) $355,889 (3.8%) 0.00 74
    Americus's median listing price for 2024-11-01 was $299,000, a difference of $49,075 (19.6%) versus the prior year and $41,550 versus the prior month.

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

    Americus's average listing price for 2024-11-01 was $355,889, a difference of $12,943 (3.8%) versus the prior year and $22,355 versus the prior month.

    For the 2024-11-01 period, Americus had 74 MLS listings, a difference of 0 listings (0%) versus the prior month and 33 listings (80%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Americus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,814 sqft
    2018-02-01 0 days 1,800 sqft
    2018-03-01 0 days 1,824 sqft
    2018-04-01 0 days 1,839 sqft
    2018-05-01 0 days 1,785 sqft
    2018-06-01 0 days 1,757 sqft
    2018-07-01 0 days 1,784 sqft
    2018-08-01 0 days 1,842 sqft
    2018-09-01 0 days 1,840 sqft
    2018-10-01 0 days 1,863 sqft
    2018-11-01 0 days 1,915 sqft
    2018-12-01 0 days 1,915 sqft
    2019-01-01 0 days 1,844 sqft
    2019-02-01 0 days 1,876 sqft
    2019-03-01 0 days 1,846 sqft
    2019-04-01 0 days 1,849 sqft
    2019-05-01 0 days 1,827 sqft
    2019-06-01 0 days 1,822 sqft
    2019-07-01 0 days 1,770 sqft
    2019-08-01 0 days 1,815 sqft
    2019-09-01 0 days 1,821 sqft
    2019-10-01 0 days 1,825 sqft
    2019-11-01 0 days 1,840 sqft
    2019-12-01 0 days 1,850 sqft
    2020-01-01 0 days 1,912 sqft
    2020-02-01 0 days 1,910 sqft
    2020-03-01 0 days 2,050 sqft
    2020-04-01 0 days 2,042 sqft
    2020-05-01 0 days 2,020 sqft
    2020-06-01 0 days 1,883 sqft
    2020-07-01 0 days 1,928 sqft
    2020-08-01 0 days 1,955 sqft
    2020-09-01 0 days 1,883 sqft
    2020-10-01 0 days 1,789 sqft
    2020-11-01 0 days 1,956 sqft
    2020-12-01 0 days 1,943 sqft
    2021-01-01 0 days 1,806 sqft
    2021-02-01 0 days 1,896 sqft
    2021-03-01 0 days 1,817 sqft
    2021-04-01 0 days 1,722 sqft
    2021-05-01 0 days 1,692 sqft
    2021-06-01 0 days 1,861 sqft
    2021-07-01 0 days 1,692 sqft
    2021-08-01 0 days 1,949 sqft
    2021-09-01 0 days 1,931 sqft
    2021-10-01 0 days 1,817 sqft
    2021-11-01 0 days 1,986 sqft
    2021-12-01 0 days 1,942 sqft
    2022-01-01 0 days 1,873 sqft
    2022-02-01 0 days 1,814 sqft
    2022-03-01 0 days 1,806 sqft
    2022-04-01 0 days 1,833 sqft
    2022-05-01 0 days 1,934 sqft
    2022-06-01 0 days 2,045 sqft
    2022-07-01 0 days 2,016 sqft
    2022-08-01 0 days 2,104 sqft
    2022-09-01 0 days 2,076 sqft
    2022-10-01 0 days 1,995 sqft
    2022-11-01 0 days 1,908 sqft
    2022-12-01 0 days 1,813 sqft
    2023-01-01 0 days 1,682 sqft
    2023-02-01 0 days 1,739 sqft
    2023-03-01 0 days 1,911 sqft
    2023-04-01 0 days 1,999 sqft
    2023-05-01 0 days 1,847 sqft
    2023-06-01 0 days 1,758 sqft
    2023-07-01 0 days 1,930 sqft
    2023-08-01 0 days 1,704 sqft
    2023-09-01 0 days 2,056 sqft
    2023-10-01 0 days 2,043 sqft
    2023-11-01 0 days 2,044 sqft
    2023-12-01 0 days 2,038 sqft
    2024-01-01 0 days 2,028 sqft
    2024-02-01 0 days 2,070 sqft
    2024-03-01 0 days 2,129 sqft
    2024-04-01 0 days 1,999 sqft
    2024-05-01 0 days 1,800 sqft
    2024-06-01 0 days 2,047 sqft
    2024-07-01 0 days 2,084 sqft
    2024-08-01 0 days 1,888 sqft
    2024-09-01 0 days 1,928 sqft
    2024-10-01 0 days 1,909 sqft
    2024-11-01 0 days 1,856 sqft
    Americus's median listing age (time on market) for 2024-11-01 was 0 days.

    Americus's median square footage for active listings during the 2024-11-01 period was 1,856 sqft. One year prior, the average listing was 2,044 sqft.