Ashland USDA Loan Rates, Closing Costs & Stats

Ashland, OH

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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.

    Ashland's 5 lenders originated 10 USDA loans during 2023. The total origination value was $1,690,000, with an average USDA loan value of $169,000.

    Ashland USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Ashland averaged 6.81% for the week of 2024-11-08, compared to the national average (all USDA variants) of 6.477% for the same period.

    Ashland's average USDA mortgage closing costs are $4,722.

    The average rate for the prior week (2024-11-01) was 6.79% and one month ago for the week of 2024-10-04, the average rate was 5.91%.

    The average rate one year ago was 7.75%.

    For refis of the same type during the week of 2024-11-08, the average rate was 6.58%.

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

    Ashland 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 Ashland level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 5 7.00% $5,953
    UNION HOME MORTGAGE CORP. 2 6.81% $7,578
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.63% $4,263
    RUOFF MORTGAGE COMPANY, INC. 1 6.25% $2,236
    UNITED WHOLESALE MORTGAGE, LLC 1 5.10% $6,442

    The top Ashland USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 5 USDA loans originated. Their average total fees are $5,953, which is $1,625 lower than the next largest lender, UNION HOME MORTGAGE CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Ashland (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 $111,850 (-8.7%) $246,995 (20.4%) 0.00 91
    2018-02-01 $89,175 (-27.0%) $244,884 (11.0%) 0.00 93
    2018-03-01 $97,000 (-22.2%) $229,373 (1.1%) 0.00 102
    2018-04-01 $114,275 (-15.3%) $221,195 (1.1%) 0.00 104
    2018-05-01 $135,250 (8.2%) $233,639 (10.6%) 0.00 115
    2018-06-01 $149,450 (15.8%) $237,672 (16.9%) 0.00 141
    2018-07-01 $157,400 (16.6%) $249,859 (16.9%) 0.00 150
    2018-08-01 $153,725 (14.2%) $254,557 (12.6%) 0.00 141
    2018-09-01 $154,950 (19.5%) $247,541 (-1.4%) 0.00 149
    2018-10-01 $153,950 (14.3%) $241,718 (-4.1%) 0.00 141
    2018-11-01 $142,500 (18.8%) $243,927 (-3.2%) 0.00 130
    2018-12-01 $129,000 (8.4%) $225,284 (-10.1%) 0.00 116
    2019-01-01 $123,750 (10.6%) $202,879 (-17.9%) 0.00 101
    2019-02-01 $111,425 (25.0%) $231,104 (-5.6%) 0.00 100
    2019-03-01 $130,364 (34.4%) $258,735 (12.8%) 0.00 96
    2019-04-01 $156,250 (36.7%) $273,022 (23.4%) 0.00 97
    2019-05-01 $174,950 (29.4%) $266,003 (13.9%) 0.00 102
    2019-06-01 $172,000 (15.1%) $268,213 (12.9%) 0.00 103
    2019-07-01 $160,625 (2.1%) $260,629 (4.3%) 0.00 106
    2019-08-01 $165,973 (8.0%) $257,652 (1.2%) 0.00 108
    2019-09-01 $173,807 (12.2%) $258,798 (4.6%) 0.00 112
    2019-10-01 $179,900 (16.9%) $259,563 (7.4%) 0.00 113
    2019-11-01 $160,000 (12.3%) $261,778 (7.3%) 0.00 91
    2019-12-01 $149,925 (16.2%) $278,201 (23.5%) 0.00 78
    2020-01-01 $146,000 (18.0%) $265,500 (30.9%) 0.00 73
    2020-02-01 $150,450 (35.0%) $220,571 (-4.6%) 0.00 78
    2020-03-01 $149,925 (15.0%) $234,572 (-9.3%) 0.00 74
    2020-04-01 $166,950 (6.9%) $229,977 (-15.8%) 0.00 64
    2020-05-01 $165,000 (-5.7%) $263,155 (-1.1%) 0.00 56
    2020-06-01 $162,075 (-5.8%) $268,275 (0.0%) 0.00 51
    2020-07-01 $192,900 (20.1%) $279,548 (7.3%) 0.00 55
    2020-08-01 $186,950 (12.6%) $261,653 (1.6%) 0.00 58
    2020-09-01 $182,825 (5.2%) $256,666 (-0.8%) 0.00 54
    2020-10-01 $180,000 (0.1%) $249,575 (-3.9%) 0.00 63
    2020-11-01 $177,000 (10.6%) $232,093 (-11.3%) 0.00 68
    2020-12-01 $158,950 (6.0%) $226,279 (-18.7%) 0.00 63
    2021-01-01 $168,900 (15.7%) $219,132 (-17.5%) 0.00 51
    2021-02-01 $172,950 (15.0%) $240,904 (9.2%) 0.00 49
    2021-03-01 $169,475 (13.0%) $245,421 (4.6%) 0.00 43
    2021-04-01 $173,450 (3.9%) $281,249 (22.3%) 0.00 42
    2021-05-01 $179,900 (9.0%) $279,040 (6.0%) 0.00 47
    2021-06-01 $196,475 (21.2%) $294,912 (9.9%) 0.00 37
    2021-07-01 $180,000 (-6.7%) $248,241 (-11.2%) 0.00 44
    2021-08-01 $229,900 (23.0%) $260,829 (-0.3%) 0.00 83
    2021-09-01 $229,900 (25.8%) $252,751 (-1.5%) 0.00 95
    2021-10-01 $229,900 (27.7%) $250,204 (0.3%) 0.00 88
    2021-11-01 $229,900 (29.9%) $251,294 (8.3%) 0.00 62
    2021-12-01 $213,675 (34.4%) $220,912 (-2.4%) 0.00 59
    2022-01-01 $225,000 (33.2%) $220,006 (0.4%) 0.00 58
    2022-02-01 $229,900 (32.9%) $226,948 (-5.8%) 0.00 45
    2022-03-01 $229,900 (35.7%) $232,479 (-5.3%) 0.00 40
    2022-04-01 $237,450 (36.9%) $246,150 (-12.5%) 0.00 32
    2022-05-01 $210,000 (16.7%) $260,747 (-6.6%) 0.00 50
    2022-06-01 $223,625 (13.8%) $264,729 (-10.2%) 0.00 51
    2022-07-01 $219,500 (21.9%) $251,858 (1.5%) 0.00 52
    2022-08-01 $231,950 (0.9%) $291,023 (11.6%) 0.00 57
    2022-09-01 $199,825 (-13.1%) $280,692 (11.1%) 0.00 65
    2022-10-01 $195,000 (-15.2%) $261,695 (4.6%) 0.00 65
    2022-11-01 $229,000 (-0.4%) $291,791 (16.1%) 0.00 56
    2022-12-01 $202,500 (-5.2%) $278,096 (25.9%) 0.00 57
    2023-01-01 $199,675 (-11.3%) $281,513 (28.0%) 0.00 46
    2023-02-01 $199,450 (-13.2%) $352,018 (55.1%) 0.00 41
    2023-03-01 $212,400 (-7.6%) $329,769 (41.9%) 0.00 34
    2023-04-01 $189,900 (-20.0%) $311,865 (26.7%) 0.00 41
    2023-05-01 $248,400 (18.3%) $353,428 (35.5%) 0.00 45
    2023-06-01 $258,450 (15.6%) $316,444 (19.5%) 0.00 44
    2023-07-01 $320,000 (45.8%) $402,308 (59.7%) 0.00 48
    2023-08-01 $297,900 (28.4%) $387,590 (33.2%) 0.00 43
    2023-09-01 $289,000 (44.6%) $347,041 (23.6%) 0.00 54
    2023-10-01 $267,500 (37.2%) $317,508 (21.3%) 0.00 55
    2023-11-01 $258,750 (13.0%) $300,461 (3.0%) 0.00 49
    2023-12-01 $299,900 (48.1%) $325,840 (17.2%) 0.00 48
    2024-01-01 $284,500 (42.5%) $345,764 (22.8%) 0.00 33
    2024-02-01 $292,500 (46.7%) $357,242 (1.5%) 0.00 27
    2024-03-01 $295,000 (38.9%) $328,113 (-0.5%) 0.00 32
    2024-04-01 $302,225 (59.2%) $353,306 (13.3%) 0.00 43
    2024-05-01 $294,675 (18.6%) $389,987 (10.3%) 0.00 44
    2024-06-01 $284,450 (10.1%) $354,322 (12.0%) 0.00 48
    2024-07-01 $264,925 (-17.2%) $333,547 (-17.1%) 0.00 50
    2024-08-01 $249,000 (-16.4%) $305,380 (-21.2%) 0.00 63
    2024-09-01 $274,925 (-4.9%) $319,859 (-7.8%) 0.00 67
    2024-10-01 $249,675 (-6.7%) $299,715 (-5.6%) 0.00 67
    Ashland's median listing price for 2024-10-01 was $249,675, a difference of $-17,825 (-6.7%) versus the prior year and $-25,250 versus the prior month.

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

    Ashland's average listing price for 2024-10-01 was $299,715, a difference of $-17,793 (-5.6%) versus the prior year and $-20,144 versus the prior month.

    For the 2024-10-01 period, Ashland had 67 MLS listings, a difference of 0 listings (0%) versus the prior month and 12 listings (22%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Ashland (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,444 sqft
    2018-02-01 0 days 1,437 sqft
    2018-03-01 0 days 1,344 sqft
    2018-04-01 0 days 1,493 sqft
    2018-05-01 0 days 1,496 sqft
    2018-06-01 0 days 1,520 sqft
    2018-07-01 0 days 1,672 sqft
    2018-08-01 0 days 1,685 sqft
    2018-09-01 0 days 1,694 sqft
    2018-10-01 0 days 1,660 sqft
    2018-11-01 0 days 1,706 sqft
    2018-12-01 0 days 1,600 sqft
    2019-01-01 0 days 1,569 sqft
    2019-02-01 0 days 1,503 sqft
    2019-03-01 0 days 1,564 sqft
    2019-04-01 0 days 1,718 sqft
    2019-05-01 0 days 1,728 sqft
    2019-06-01 0 days 1,740 sqft
    2019-07-01 0 days 1,610 sqft
    2019-08-01 0 days 1,635 sqft
    2019-09-01 0 days 1,705 sqft
    2019-10-01 0 days 1,760 sqft
    2019-11-01 0 days 1,628 sqft
    2019-12-01 0 days 1,605 sqft
    2020-01-01 0 days 1,584 sqft
    2020-02-01 0 days 1,522 sqft
    2020-03-01 0 days 1,485 sqft
    2020-04-01 0 days 1,585 sqft
    2020-05-01 0 days 1,734 sqft
    2020-06-01 0 days 1,598 sqft
    2020-07-01 0 days 1,728 sqft
    2020-08-01 0 days 1,768 sqft
    2020-09-01 0 days 1,713 sqft
    2020-10-01 0 days 1,639 sqft
    2020-11-01 0 days 1,590 sqft
    2020-12-01 0 days 1,587 sqft
    2021-01-01 0 days 1,566 sqft
    2021-02-01 0 days 1,706 sqft
    2021-03-01 0 days 1,692 sqft
    2021-04-01 0 days 1,688 sqft
    2021-05-01 0 days 1,512 sqft
    2021-06-01 0 days 1,577 sqft
    2021-07-01 0 days 1,612 sqft
    2021-08-01 0 days 1,620 sqft
    2021-09-01 0 days 1,620 sqft
    2021-10-01 0 days 1,620 sqft
    2021-11-01 0 days 1,620 sqft
    2021-12-01 0 days 1,620 sqft
    2022-01-01 0 days 1,620 sqft
    2022-02-01 0 days 1,620 sqft
    2022-03-01 0 days 1,620 sqft
    2022-04-01 0 days 1,620 sqft
    2022-05-01 0 days 1,668 sqft
    2022-06-01 0 days 1,620 sqft
    2022-07-01 0 days 1,592 sqft
    2022-08-01 0 days 1,664 sqft
    2022-09-01 0 days 1,569 sqft
    2022-10-01 0 days 1,532 sqft
    2022-11-01 0 days 1,609 sqft
    2022-12-01 0 days 1,451 sqft
    2023-01-01 0 days 1,465 sqft
    2023-02-01 0 days 1,571 sqft
    2023-03-01 0 days 1,573 sqft
    2023-04-01 0 days 1,532 sqft
    2023-05-01 0 days 1,680 sqft
    2023-06-01 0 days 1,697 sqft
    2023-07-01 0 days 1,856 sqft
    2023-08-01 0 days 1,814 sqft
    2023-09-01 0 days 1,671 sqft
    2023-10-01 0 days 1,708 sqft
    2023-11-01 0 days 1,779 sqft
    2023-12-01 0 days 1,839 sqft
    2024-01-01 0 days 1,780 sqft
    2024-02-01 0 days 1,848 sqft
    2024-03-01 0 days 1,722 sqft
    2024-04-01 0 days 1,744 sqft
    2024-05-01 0 days 1,835 sqft
    2024-06-01 0 days 1,756 sqft
    2024-07-01 0 days 1,801 sqft
    2024-08-01 0 days 1,680 sqft
    2024-09-01 0 days 1,685 sqft
    2024-10-01 0 days 1,649 sqft
    Ashland's median listing age (time on market) for 2024-10-01 was 0 days.

    Ashland's median square footage for active listings during the 2024-10-01 period was 1,649 sqft. One year prior, the average listing was 1,708 sqft.