Anniston USDA Loan Rates, Closing Costs & Stats

ANNISTON-OXFORD, 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.

    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 6.75% for the week of 2024-04-12, compared to the national average (all USDA variants) of 6.705% for the same period.

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

    The average rate for the prior week (2024-04-05) was 6.58% and one month ago for the week of 2024-03-08, the average rate was 6.64%.

    The average rate one year ago was 6.55%.

    For refis of the same type during the week of 2024-04-12, the average rate was 6.71%.

    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
    Anniston's median listing price for 2024-03-01 was $200,000, a difference of $21,125 (11.8%) versus the prior year and $-7,661 versus the prior month.

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

    Anniston's average listing price for 2024-03-01 was $245,252, a difference of $-6,203 (-2.5%) versus the prior year and $2,651 versus the prior month.

    For the 2024-03-01 period, Anniston had 212 MLS listings, a difference of 8 listings (4%) versus the prior month and 49 listings (30%) 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
    Anniston's median listing age (time on market) for 2024-03-01 was 0 days.

    Anniston's median square footage for active listings during the 2024-03-01 period was 1,756 sqft. One year prior, the average listing was 1,767 sqft.