Asheville USDA Loan Rates, Closing Costs & Stats
ASHEVILLE, NC
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.
Asheville's 14 lenders originated 21 USDA loans during 2024. The total origination value was $6,265,000, with an average USDA loan value of $298,333.
Asheville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Asheville
averaged
6.49%
for the week of 2025-07-11, compared to the national average (all USDA variants) of
6.449% for the same period.
Asheville's average USDA mortgage closing costs are $5,980.
The average rate for the prior week (2025-07-04) was
6.6% and
one month ago for the week of 2025-06-06, the
average rate was 6.49%.
The average rate one year ago was 6.78%.
For refis of the same type during the week of 2025-07-11, the average rate
was 6.48%.
Asheville 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 Asheville level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | 3 | 6.21% | $7,714 |
| HOWARD HANNA FINANCIAL SERVICES, INC. | 3 | 6.29% | $8,375 |
| First Bank | 2 | 5.25% | $10,310 |
| GoPrime Mortgage, Inc. | 2 | 6.50% | $9,500 |
| Alcova Mortgage LLC | 2 | 6.56% | $5,824 |
| MOVEMENT MORTGAGE, LLC | 1 | 6.75% | $8,354 |
| Paramount Bank | 1 | 6.13% | $6,729 |
| SeaTrust Mortgage Company | 1 | 6.38% | $11,239 |
| T2 FINANCIAL LLC | 1 | 6.25% | $8,881 |
| UNION HOME MORTGAGE CORP. | 1 | 5.38% | $14,038 |
| Equity Prime Mortgage LLC | 1 | 6.38% | $11,148 |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 1 | 6.75% | $10,552 |
| GUARANTEED RATE, INC. | 1 | 6.25% | $8,829 |
| HomeTrust Bank | 1 | 5.75% | $7,837 |
The top Asheville USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
3 USDA loans originated. Their average total fees are
$7,714, which is $661
lower than the next largest lender,
HOWARD HANNA FINANCIAL SERVICES, INC..
The lowest fee Asheville USDA lenders (with over 10 loans originated) are
.
The lowest rate Asheville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Asheville (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 | $381,600 (1.2%) | $538,570 (-4.7%) | 1.41 | 1,917 |
| 2018-02-01 | $379,000 (-3.3%) | $532,851 (-7.5%) | 1.38 | 1,880 |
| 2018-03-01 | $379,000 (-2.7%) | $538,478 (-6.1%) | 1.33 | 1,930 |
| 2018-04-01 | $387,675 (-1.0%) | $536,939 (-5.7%) | 1.31 | 2,017 |
| 2018-05-01 | $394,875 (-1.0%) | $533,969 (-7.6%) | 1.32 | 2,099 |
| 2018-06-01 | $399,900 (0.1%) | $563,261 (-0.8%) | 1.33 | 2,113 |
| 2018-07-01 | $399,450 (0.1%) | $552,165 (-2.0%) | 1.33 | 2,171 |
| 2018-08-01 | $399,000 (0.0%) | $541,769 (-5.1%) | 1.34 | 2,269 |
| 2018-09-01 | $399,000 (0.0%) | $543,053 (-4.9%) | 1.34 | 2,362 |
| 2018-10-01 | $392,500 (-1.4%) | $536,655 (-5.2%) | 1.33 | 2,452 |
| 2018-11-01 | $389,000 (-2.5%) | $527,840 (-6.8%) | 1.32 | 2,382 |
| 2018-12-01 | $386,000 (-3.3%) | $530,241 (-6.6%) | 1.33 | 2,187 |
| 2019-01-01 | $389,900 (2.2%) | $537,723 (-0.2%) | 1.35 | 1,946 |
| 2019-02-01 | $389,750 (2.8%) | $541,289 (1.6%) | 1.32 | 1,872 |
| 2019-03-01 | $397,143 (4.8%) | $550,958 (2.3%) | 1.30 | 1,952 |
| 2019-04-01 | $406,450 (4.8%) | $565,975 (5.4%) | 1.29 | 2,060 |
| 2019-05-01 | $425,000 (7.6%) | $577,895 (8.2%) | 1.33 | 2,184 |
| 2019-06-01 | $423,750 (6.0%) | $578,972 (2.8%) | 1.32 | 2,309 |
| 2019-07-01 | $419,950 (5.1%) | $571,738 (3.5%) | 1.31 | 2,302 |
| 2019-08-01 | $420,153 (5.3%) | $571,568 (5.5%) | 1.33 | 2,320 |
| 2019-09-01 | $417,254 (4.6%) | $567,861 (4.6%) | 1.34 | 2,325 |
| 2019-10-01 | $417,441 (6.4%) | $566,948 (5.6%) | 1.35 | 2,327 |
| 2019-11-01 | $418,900 (7.7%) | $571,330 (8.2%) | 1.37 | 2,174 |
| 2019-12-01 | $417,119 (8.1%) | $572,148 (7.9%) | 1.39 | 1,889 |
| 2020-01-01 | $419,450 (7.6%) | $586,619 (9.1%) | 1.40 | 1,642 |
| 2020-02-01 | $425,000 (9.0%) | $591,224 (9.2%) | 1.39 | 1,502 |
| 2020-03-01 | $429,490 (8.1%) | $598,102 (8.6%) | 1.35 | 1,551 |
| 2020-04-01 | $418,500 (3.0%) | $580,394 (2.6%) | 1.31 | 1,690 |
| 2020-05-01 | $430,000 (1.2%) | $603,773 (4.5%) | 1.31 | 1,684 |
| 2020-06-01 | $440,000 (3.8%) | $617,715 (6.7%) | 1.30 | 1,634 |
| 2020-07-01 | $442,450 (5.4%) | $627,880 (9.8%) | 1.28 | 1,546 |
| 2020-08-01 | $445,000 (5.9%) | $637,424 (11.5%) | 1.28 | 1,413 |
| 2020-09-01 | $452,500 (8.5%) | $664,980 (17.1%) | 1.30 | 1,358 |
| 2020-10-01 | $464,250 (11.2%) | $676,761 (19.4%) | 1.33 | 1,324 |
| 2020-11-01 | $465,000 (11.0%) | $686,866 (20.2%) | 1.36 | 1,215 |
| 2020-12-01 | $475,000 (13.9%) | $712,129 (24.5%) | 1.41 | 1,080 |
| 2021-01-01 | $477,000 (13.7%) | $718,749 (22.5%) | 1.42 | 899 |
| 2021-02-01 | $467,000 (9.9%) | $714,880 (20.9%) | 1.36 | 762 |
| 2021-03-01 | $466,500 (8.6%) | $724,511 (21.1%) | 1.32 | 687 |
| 2021-04-01 | $472,000 (12.8%) | $741,808 (27.8%) | 1.28 | 696 |
| 2021-05-01 | $489,900 (13.9%) | $769,982 (27.5%) | 1.30 | 721 |
| 2021-06-01 | $479,250 (8.9%) | $743,721 (20.4%) | 1.26 | 901 |
| 2021-07-01 | $468,500 (5.9%) | $718,865 (14.5%) | 1.24 | 982 |
| 2021-08-01 | $452,380 (1.7%) | $713,277 (11.9%) | 1.21 | 1,020 |
| 2021-09-01 | $471,975 (4.3%) | $742,581 (11.7%) | 1.26 | 1,024 |
| 2021-10-01 | $481,970 (3.8%) | $749,441 (10.7%) | 1.29 | 978 |
| 2021-11-01 | $485,510 (4.4%) | $770,185 (12.1%) | 1.30 | 849 |
| 2021-12-01 | $492,500 (3.7%) | $812,544 (14.1%) | 1.33 | 719 |
| 2022-01-01 | $525,000 (10.1%) | $884,393 (23.1%) | 1.42 | 558 |
| 2022-02-01 | $570,175 (22.1%) | $971,920 (36.0%) | 1.48 | 454 |
| 2022-03-01 | $587,205 (25.9%) | $972,728 (34.3%) | 1.47 | 431 |
| 2022-04-01 | $579,000 (22.7%) | $937,993 (26.5%) | 1.38 | 483 |
| 2022-05-01 | $595,000 (21.5%) | $902,865 (17.3%) | 1.36 | 673 |
| 2022-06-01 | $584,500 (22.0%) | $863,864 (16.2%) | 1.30 | 784 |
| 2022-07-01 | $550,000 (17.4%) | $818,499 (13.9%) | 1.24 | 921 |
| 2022-08-01 | $543,250 (20.1%) | $791,967 (11.0%) | 1.26 | 940 |
| 2022-09-01 | $545,119 (15.5%) | $816,071 (9.9%) | 1.27 | 946 |
| 2022-10-01 | $550,000 (14.1%) | $834,960 (11.4%) | 1.29 | 1,039 |
| 2022-11-01 | $573,650 (18.2%) | $840,875 (9.2%) | 1.38 | 1,008 |
| 2022-12-01 | $575,000 (16.8%) | $845,914 (4.1%) | 1.42 | 885 |
| 2023-01-01 | $577,850 (10.1%) | $841,255 (-4.9%) | 1.43 | 772 |
| 2023-02-01 | $599,000 (5.1%) | $870,974 (-10.4%) | 1.45 | 660 |
| 2023-03-01 | $612,500 (4.3%) | $892,262 (-8.3%) | 1.44 | 678 |
| 2023-04-01 | $620,000 (7.1%) | $907,237 (-3.3%) | 1.44 | 754 |
| 2023-05-01 | $625,000 (5.0%) | $929,794 (3.0%) | 1.42 | 863 |
| 2023-06-01 | $644,000 (10.2%) | $939,322 (8.7%) | 1.45 | 905 |
| 2023-07-01 | $625,000 (13.6%) | $927,648 (13.3%) | 1.42 | 949 |
| 2023-08-01 | $628,246 (15.7%) | $910,912 (15.0%) | 1.44 | 972 |
| 2023-09-01 | $620,000 (13.7%) | $890,091 (9.1%) | 1.44 | 1,034 |
| 2023-10-01 | $599,125 (8.9%) | $883,702 (5.8%) | 1.41 | 1,162 |
| 2023-11-01 | $587,655 (2.4%) | $866,971 (3.1%) | 1.40 | 1,181 |
| 2023-12-01 | $559,000 (-2.8%) | $848,294 (0.3%) | 1.36 | 1,078 |
| 2024-01-01 | $565,000 (-2.2%) | $875,547 (4.1%) | 1.38 | 925 |
| 2024-02-01 | $549,938 (-8.2%) | $870,453 (-0.1%) | 1.32 | 872 |
| 2024-03-01 | $565,500 (-7.7%) | $875,884 (-1.8%) | 1.33 | 965 |
| 2024-04-01 | $575,000 (-7.3%) | $856,686 (-5.6%) | 1.34 | 1,066 |
| 2024-05-01 | $635,000 (1.6%) | $928,141 (-0.2%) | 1.44 | 1,124 |
| 2024-06-01 | $600,000 (-6.8%) | $890,164 (-5.2%) | 1.36 | 1,215 |
| 2024-07-01 | $586,000 (-6.2%) | $887,812 (-4.3%) | 1.34 | 1,329 |
| 2024-08-01 | $579,000 (-7.8%) | $874,610 (-4.0%) | 1.35 | 1,449 |
| 2024-09-01 | $585,000 (-5.7%) | $873,180 (-1.9%) | 1.38 | 1,564 |
| 2024-10-01 | $583,543 (-2.6%) | $854,531 (-3.3%) | 1.37 | 1,441 |
| 2024-11-01 | $575,000 (-2.2%) | $844,461 (-2.6%) | 1.38 | 1,453 |
| 2024-12-01 | $572,225 (2.4%) | $839,983 (-1.0%) | 1.42 | 1,352 |
| 2025-01-01 | $566,625 (0.3%) | $844,317 (-3.6%) | 1.41 | 1,263 |
| 2025-02-01 | $575,820 (4.7%) | $845,195 (-2.9%) | 1.40 | 1,308 |
| 2025-03-01 | $578,800 (2.4%) | $846,979 (-3.3%) | 1.36 | 1,444 |
| 2025-04-01 | $594,000 (3.3%) | $848,485 (-1.0%) | 1.38 | 1,796 |
| 2025-05-01 | $599,000 (-5.7%) | $840,244 (-9.5%) | 1.36 | 2,144 |
| 2025-06-01 | $596,500 (-0.6%) | $826,341 (-7.2%) | 1.35 | 2,390 |
Asheville's median listing price comes in at 135% of the national average.
Asheville's average listing price for 2025-06-01 was $826,341, a difference of $-63,823 (-7.2%) versus the prior year and $-13,903 versus the prior month.
For the 2025-06-01 period, Asheville had 2,390 MLS listings, a difference of 246 listings (11%) versus the prior month and 1,175 listings (97%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Asheville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 102 days | 2,246 sqft |
| 2018-02-01 | 46 days | 2,203 sqft |
| 2018-03-01 | 68 days | 2,168 sqft |
| 2018-04-01 | 78 days | 2,195 sqft |
| 2018-05-01 | 71 days | 2,211 sqft |
| 2018-06-01 | 69 days | 2,200 sqft |
| 2018-07-01 | 70 days | 2,220 sqft |
| 2018-08-01 | 74 days | 2,206 sqft |
| 2018-09-01 | 78 days | 2,188 sqft |
| 2018-10-01 | 81 days | 2,153 sqft |
| 2018-11-01 | 86 days | 2,128 sqft |
| 2018-12-01 | 96 days | 2,108 sqft |
| 2019-01-01 | 109 days | 2,095 sqft |
| 2019-02-01 | 110 days | 2,080 sqft |
| 2019-03-01 | 91 days | 2,138 sqft |
| 2019-04-01 | 62 days | 2,186 sqft |
| 2019-05-01 | 59 days | 2,228 sqft |
| 2019-06-01 | 60 days | 2,228 sqft |
| 2019-07-01 | 66 days | 2,221 sqft |
| 2019-08-01 | 70 days | 2,193 sqft |
| 2019-09-01 | 76 days | 2,173 sqft |
| 2019-10-01 | 78 days | 2,169 sqft |
| 2019-11-01 | 79 days | 2,176 sqft |
| 2019-12-01 | 90 days | 2,158 sqft |
| 2020-01-01 | 106 days | 2,154 sqft |
| 2020-02-01 | 107 days | 2,152 sqft |
| 2020-03-01 | 81 days | 2,141 sqft |
| 2020-04-01 | 72 days | 2,094 sqft |
| 2020-05-01 | 72 days | 2,166 sqft |
| 2020-06-01 | 71 days | 2,179 sqft |
| 2020-07-01 | 63 days | 2,197 sqft |
| 2020-08-01 | 63 days | 2,184 sqft |
| 2020-09-01 | 58 days | 2,213 sqft |
| 2020-10-01 | 57 days | 2,179 sqft |
| 2020-11-01 | 60 days | 2,127 sqft |
| 2020-12-01 | 67 days | 2,110 sqft |
| 2021-01-01 | 78 days | 2,043 sqft |
| 2021-02-01 | 82 days | 1,983 sqft |
| 2021-03-01 | 56 days | 1,941 sqft |
| 2021-04-01 | 46 days | 1,947 sqft |
| 2021-05-01 | 37 days | 2,001 sqft |
| 2021-06-01 | 35 days | 1,932 sqft |
| 2021-07-01 | 42 days | 1,892 sqft |
| 2021-08-01 | 47 days | 1,866 sqft |
| 2021-09-01 | 51 days | 1,916 sqft |
| 2021-10-01 | 52 days | 1,955 sqft |
| 2021-11-01 | 58 days | 1,937 sqft |
| 2021-12-01 | 71 days | 1,947 sqft |
| 2022-01-01 | 79 days | 1,943 sqft |
| 2022-02-01 | 73 days | 1,954 sqft |
| 2022-03-01 | 46 days | 2,036 sqft |
| 2022-04-01 | 30 days | 2,037 sqft |
| 2022-05-01 | 30 days | 2,107 sqft |
| 2022-06-01 | 33 days | 2,086 sqft |
| 2022-07-01 | 37 days | 2,040 sqft |
| 2022-08-01 | 43 days | 2,042 sqft |
| 2022-09-01 | 47 days | 2,006 sqft |
| 2022-10-01 | 48 days | 2,080 sqft |
| 2022-11-01 | 54 days | 2,102 sqft |
| 2022-12-01 | 68 days | 2,058 sqft |
| 2023-01-01 | 82 days | 1,975 sqft |
| 2023-02-01 | 86 days | 2,014 sqft |
| 2023-03-01 | 59 days | 2,056 sqft |
| 2023-04-01 | 46 days | 2,074 sqft |
| 2023-05-01 | 43 days | 2,096 sqft |
| 2023-06-01 | 46 days | 2,161 sqft |
| 2023-07-01 | 51 days | 2,124 sqft |
| 2023-08-01 | 52 days | 2,123 sqft |
| 2023-09-01 | 50 days | 2,103 sqft |
| 2023-10-01 | 51 days | 2,082 sqft |
| 2023-11-01 | 57 days | 2,003 sqft |
| 2023-12-01 | 70 days | 1,959 sqft |
| 2024-01-01 | 83 days | 1,907 sqft |
| 2024-02-01 | 83 days | 1,866 sqft |
| 2024-03-01 | 57 days | 1,900 sqft |
| 2024-04-01 | 43 days | 1,931 sqft |
| 2024-05-01 | 40 days | 2,020 sqft |
| 2024-06-01 | 49 days | 1,990 sqft |
| 2024-07-01 | 50 days | 1,967 sqft |
| 2024-08-01 | 53 days | 1,962 sqft |
| 2024-09-01 | 57 days | 1,939 sqft |
| 2024-10-01 | 72 days | 1,950 sqft |
| 2024-11-01 | 79 days | 1,914 sqft |
| 2024-12-01 | 92 days | 1,895 sqft |
| 2025-01-01 | 81 days | 1,887 sqft |
| 2025-02-01 | 79 days | 1,902 sqft |
| 2025-03-01 | 58 days | 1,897 sqft |
| 2025-04-01 | 50 days | 1,944 sqft |
| 2025-05-01 | 49 days | 1,988 sqft |
| 2025-06-01 | 58 days | 1,996 sqft |
Asheville's median square footage for active listings during the 2025-06-01 period was 1,996 sqft. One year prior, the average listing was 1,990 sqft.