Anniston USDA Loan Rates, Closing Costs & Stats

ANNISTON-OXFORD, AL

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.

Anniston's 14 lenders originated 40 USDA loans during 2023. The total origination value was $6,370,000, with an average USDA loan value of $159,250.

Anniston USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Anniston averaged 6.8% for the week of 2024-05-17, compared to the national average (all USDA variants) of 6.75% for the same period.

Anniston's average USDA mortgage closing costs are $4,264.

The average rate for the prior week (2024-05-10) was 7.04% and one month ago for the week of 2024-04-12, the average rate was 6.86%.

The average rate one year ago was 6.65%.

For refis of the same type during the week of 2024-05-17, the average rate was 6.75%.

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

Anniston 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 Anniston level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 13 6.72% $5,593
VANDERBILT MORTGAGE AND FINANCE, INC. 7 6.64% $5,609
Renasant Bank 3 6.25% $6,087
SouthPoint Bank 3 6.33% $2,537
SUCCESS MORTGAGE PARTNERS, INC. 2 6.63% $7,404
FIRST COMMUNITY MORTGAGE, INC. 2 6.69% $6,429
Ameris Bank 2 6.69% $5,382
GUILD MORTGAGE COMPANY 2 6.63% $6,375
METROPLEX MORTGAGE SERVICES, INC. 1 6.88% $6,935
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.63% $6,747
FirstBank 1 5.63% $6,340
ACOPIA, LLC 1 7.63% $9,097
MOVEMENT MORTGAGE, LLC 1 5.75% $5,828
NEWREZ LLC 1 6.75% $3,843

The top Anniston USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 13 USDA loans originated. Their average total fees are $5,593, which is $16 lower than the next largest lender, VANDERBILT MORTGAGE AND FINANCE, INC..

The lowest fee Anniston USDA lenders (with over 10 loans originated) are FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($5,593), .

The lowest rate Anniston USDA lenders (with over 10 loans originated) are FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.72%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Anniston (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 $119,900 (9.1%) $152,178 (7.0%) 0.00 482
2018-02-01 $118,250 (0.7%) $148,230 (0.1%) 0.00 504
2018-03-01 $119,250 (-0.5%) $150,358 (-1.6%) 0.00 491
2018-04-01 $119,925 (-0.9%) $155,667 (1.6%) 0.00 477
2018-05-01 $121,450 (1.3%) $159,421 (5.2%) 0.00 465
2018-06-01 $124,900 (4.1%) $159,461 (4.3%) 0.00 476
2018-07-01 $125,975 (0.8%) $157,995 (2.0%) 0.00 489
2018-08-01 $124,900 (0.0%) $153,433 (-1.8%) 0.00 509
2018-09-01 $124,900 (5.0%) $152,804 (0.8%) 0.00 495
2018-10-01 $124,900 (7.8%) $158,790 (4.5%) 0.00 480
2018-11-01 $125,000 (5.0%) $164,160 (8.6%) 0.00 461
2018-12-01 $125,000 (4.2%) $166,912 (8.9%) 0.00 449
2019-01-01 $119,800 (-0.1%) $162,130 (6.5%) 0.00 436
2019-02-01 $119,900 (1.4%) $163,701 (10.4%) 0.00 406
2019-03-01 $123,029 (3.2%) $169,435 (12.7%) 0.00 381
2019-04-01 $128,550 (7.2%) $174,725 (12.2%) 0.00 368
2019-05-01 $133,450 (9.9%) $180,892 (13.5%) 0.00 375
2019-06-01 $134,950 (8.1%) $182,809 (14.6%) 0.00 372
2019-07-01 $144,150 (14.4%) $189,453 (19.9%) 0.00 376
2019-08-01 $142,200 (13.9%) $186,627 (21.6%) 0.00 390
2019-09-01 $138,150 (10.6%) $182,175 (19.2%) 0.00 401
2019-10-01 $135,900 (8.8%) $179,878 (13.3%) 0.00 408
2019-11-01 $135,500 (8.4%) $182,411 (11.1%) 0.00 389
2019-12-01 $139,575 (11.7%) $182,975 (9.6%) 0.00 380
2020-01-01 $139,450 (16.4%) $182,927 (12.8%) 0.00 380
2020-02-01 $140,000 (16.8%) $183,249 (11.9%) 0.00 388
2020-03-01 $139,950 (13.8%) $185,265 (9.3%) 0.00 357
2020-04-01 $139,900 (8.8%) $181,491 (3.9%) 0.00 359
2020-05-01 $139,900 (4.8%) $178,863 (-1.1%) 0.00 347
2020-06-01 $139,900 (3.7%) $185,223 (1.3%) 0.00 316
2020-07-01 $141,225 (-2.0%) $184,666 (-2.5%) 0.00 321
2020-08-01 $150,200 (5.6%) $189,844 (1.7%) 0.00 274
2020-09-01 $153,675 (11.2%) $195,376 (7.3%) 0.00 233
2020-10-01 $154,900 (14.0%) $197,226 (9.6%) 0.00 222
2020-11-01 $159,900 (18.0%) $198,266 (8.7%) 0.00 199
2020-12-01 $150,150 (7.6%) $185,026 (1.1%) 0.00 199
2021-01-01 $149,900 (7.5%) $188,349 (3.0%) 0.00 184
2021-02-01 $153,900 (9.9%) $181,095 (-1.2%) 0.00 172
2021-03-01 $154,900 (10.7%) $183,937 (-0.7%) 0.00 149
2021-04-01 $167,450 (19.7%) $211,619 (16.6%) 0.00 131
2021-05-01 $164,950 (17.9%) $208,164 (16.4%) 0.00 131
2021-06-01 $164,950 (17.9%) $203,238 (9.7%) 0.00 140
2021-07-01 $179,900 (27.4%) $215,237 (16.6%) 0.00 155
2021-08-01 $178,400 (18.8%) $223,495 (17.7%) 0.00 163
2021-09-01 $187,400 (22.0%) $230,843 (18.2%) 0.00 166
2021-10-01 $179,900 (16.1%) $235,935 (19.6%) 0.00 158
2021-11-01 $189,675 (18.6%) $238,366 (20.2%) 0.00 165
2021-12-01 $173,700 (15.7%) $242,192 (30.9%) 0.00 157
2022-01-01 $166,000 (10.7%) $231,041 (22.7%) 0.00 153
2022-02-01 $158,650 (3.1%) $206,191 (13.9%) 0.00 155
2022-03-01 $146,175 (-5.6%) $204,752 (11.3%) 0.00 146
2022-04-01 $153,500 (-8.3%) $201,257 (-4.9%) 0.00 153
2022-05-01 $164,950 (0.0%) $212,315 (2.0%) 0.00 170
2022-06-01 $178,450 (8.2%) $215,451 (6.0%) 0.00 190
2022-07-01 $175,000 (-2.7%) $203,109 (-5.6%) 0.00 220
2022-08-01 $182,650 (2.4%) $214,199 (-4.2%) 0.00 230
2022-09-01 $185,575 (-1.0%) $221,363 (-4.1%) 0.00 231
2022-10-01 $187,450 (4.2%) $238,103 (0.9%) 0.00 233
2022-11-01 $187,050 (-1.4%) $243,385 (2.1%) 0.00 243
2022-12-01 $179,000 (3.1%) $238,517 (-1.5%) 0.00 231
2023-01-01 $182,999 (10.2%) $242,261 (4.9%) 0.00 208
2023-02-01 $173,775 (9.5%) $241,285 (17.0%) 0.00 197
2023-03-01 $178,875 (22.4%) $251,455 (22.8%) 0.00 163
2023-04-01 $179,450 (16.9%) $251,262 (24.9%) 0.00 174
2023-05-01 $197,675 (19.8%) $259,884 (22.4%) 0.00 181
2023-06-01 $194,450 (9.0%) $252,704 (17.3%) 0.00 175
2023-07-01 $199,900 (14.2%) $259,247 (27.6%) 0.00 195
2023-08-01 $204,900 (12.2%) $257,515 (20.2%) 0.00 195
2023-09-01 $202,450 (9.1%) $258,382 (16.7%) 0.00 212
2023-10-01 $199,900 (6.6%) $251,565 (5.7%) 0.00 233
2023-11-01 $208,155 (11.3%) $251,700 (3.4%) 0.00 223
2023-12-01 $199,900 (11.7%) $246,919 (3.5%) 0.00 226
2024-01-01 $201,250 (10.0%) $244,523 (0.9%) 0.00 214
2024-02-01 $207,661 (19.5%) $242,601 (0.6%) 0.00 204
2024-03-01 $200,000 (11.8%) $245,252 (-2.5%) 0.00 212
2024-04-01 $207,400 (15.6%) $251,555 (0.1%) 0.00 203
Anniston's median listing price for 2024-04-01 was $207,400, a difference of $27,950 (15.6%) versus the prior year and $7,400 versus the prior month.

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

Anniston's average listing price for 2024-04-01 was $251,555, a difference of $293 (0.1%) versus the prior year and $6,303 versus the prior month.

For the 2024-04-01 period, Anniston had 203 MLS listings, a difference of -9 listings (-4%) versus the prior month and 29 listings (17%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Anniston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,757 sqft
2018-02-01 0 days 1,674 sqft
2018-03-01 0 days 1,653 sqft
2018-04-01 0 days 1,667 sqft
2018-05-01 0 days 1,660 sqft
2018-06-01 0 days 1,658 sqft
2018-07-01 0 days 1,662 sqft
2018-08-01 0 days 1,662 sqft
2018-09-01 0 days 1,648 sqft
2018-10-01 0 days 1,642 sqft
2018-11-01 0 days 1,663 sqft
2018-12-01 0 days 1,653 sqft
2019-01-01 0 days 1,626 sqft
2019-02-01 0 days 1,642 sqft
2019-03-01 0 days 1,654 sqft
2019-04-01 0 days 1,647 sqft
2019-05-01 0 days 1,662 sqft
2019-06-01 0 days 1,706 sqft
2019-07-01 0 days 1,737 sqft
2019-08-01 0 days 1,743 sqft
2019-09-01 0 days 1,752 sqft
2019-10-01 0 days 1,750 sqft
2019-11-01 0 days 1,744 sqft
2019-12-01 0 days 1,756 sqft
2020-01-01 0 days 1,775 sqft
2020-02-01 0 days 1,825 sqft
2020-03-01 0 days 1,852 sqft
2020-04-01 0 days 1,842 sqft
2020-05-01 0 days 1,830 sqft
2020-06-01 0 days 1,840 sqft
2020-07-01 0 days 1,849 sqft
2020-08-01 0 days 1,845 sqft
2020-09-01 0 days 1,831 sqft
2020-10-01 0 days 1,823 sqft
2020-11-01 0 days 1,806 sqft
2020-12-01 0 days 1,770 sqft
2021-01-01 0 days 1,781 sqft
2021-02-01 0 days 1,765 sqft
2021-03-01 0 days 1,748 sqft
2021-04-01 0 days 1,845 sqft
2021-05-01 0 days 1,830 sqft
2021-06-01 0 days 1,890 sqft
2021-07-01 0 days 1,889 sqft
2021-08-01 0 days 1,846 sqft
2021-09-01 0 days 1,900 sqft
2021-10-01 0 days 1,889 sqft
2021-11-01 0 days 1,961 sqft
2021-12-01 0 days 1,947 sqft
2022-01-01 0 days 1,784 sqft
2022-02-01 0 days 1,589 sqft
2022-03-01 0 days 1,615 sqft
2022-04-01 0 days 1,614 sqft
2022-05-01 0 days 1,717 sqft
2022-06-01 0 days 1,746 sqft
2022-07-01 0 days 1,775 sqft
2022-08-01 0 days 1,795 sqft
2022-09-01 0 days 1,793 sqft
2022-10-01 0 days 1,853 sqft
2022-11-01 0 days 1,842 sqft
2022-12-01 0 days 1,812 sqft
2023-01-01 0 days 1,771 sqft
2023-02-01 0 days 1,757 sqft
2023-03-01 0 days 1,767 sqft
2023-04-01 0 days 1,700 sqft
2023-05-01 0 days 1,811 sqft
2023-06-01 0 days 1,836 sqft
2023-07-01 0 days 1,883 sqft
2023-08-01 0 days 1,841 sqft
2023-09-01 0 days 1,860 sqft
2023-10-01 0 days 1,813 sqft
2023-11-01 0 days 1,792 sqft
2023-12-01 0 days 1,779 sqft
2024-01-01 0 days 1,764 sqft
2024-02-01 0 days 1,732 sqft
2024-03-01 0 days 1,756 sqft
2024-04-01 0 days 1,750 sqft
Anniston's median listing age (time on market) for 2024-04-01 was 0 days.

Anniston's median square footage for active listings during the 2024-04-01 period was 1,750 sqft. One year prior, the average listing was 1,700 sqft.