Ashtabula USDA Loan Rates, Closing Costs & Stats
Ashtabula, OH
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.
Ashtabula's 10 lenders originated 33 USDA loans during 2023. The total origination value was $4,605,000, with an average USDA loan value of $139,545.
Ashtabula USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Ashtabula
averaged
7.18%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Ashtabula's average USDA mortgage closing costs are $4,691.
The average rate for the prior week (2024-04-12) was
6.84% and
one month ago for the week of 2024-03-15, the
average rate was 6.92%.
The average rate one year ago was 6.36%.
For refis of the same type during the week of 2024-04-19, the average rate
was 7.49%.
Ashtabula 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 Ashtabula level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| CROSSCOUNTRY MORTGAGE, LLC | 14 | 7.14% | $6,808 |
| UNION HOME MORTGAGE CORP. | 6 | 6.83% | $7,300 |
| LIBERTY HOME MORTGAGE CORPORATION | 2 | 7.25% | $6,439 |
| Northwest Bank | 2 | 6.25% | $7,021 |
| Ixonia Bank | 2 | 7.69% | $6,915 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 2 | 7.00% | $5,155 |
| RUOFF MORTGAGE COMPANY, INC. | 2 | 6.25% | $2,346 |
| Fifth Third Bank | 1 | 5.88% | $5,898 |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | 1 | 6.88% | $5,269 |
| Plains Commerce Bank | 1 | 7.63% | $6,173 |
The top Ashtabula USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with
14 USDA loans originated. Their average total fees are
$6,808, which is $492
lower than the next largest lender,
UNION HOME MORTGAGE CORP..
The lowest fee Ashtabula USDA lenders (with over 10 loans originated) are
CROSSCOUNTRY MORTGAGE, LLC ($6,808), .
The lowest rate Ashtabula USDA lenders (with over 10 loans originated) are
CROSSCOUNTRY MORTGAGE, LLC (7.14%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Ashtabula (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 | $102,250 (4.7%) | $142,381 (9.6%) | 0.00 | 361 |
| 2018-02-01 | $107,000 (12.0%) | $143,643 (11.2%) | 0.00 | 339 |
| 2018-03-01 | $104,950 (10.5%) | $143,838 (10.4%) | 0.00 | 337 |
| 2018-04-01 | $109,925 (10.5%) | $147,595 (10.4%) | 0.00 | 348 |
| 2018-05-01 | $113,300 (7.9%) | $152,012 (10.1%) | 0.00 | 360 |
| 2018-06-01 | $116,950 (8.6%) | $160,504 (15.1%) | 0.00 | 400 |
| 2018-07-01 | $121,961 (13.0%) | $165,940 (16.5%) | 0.00 | 425 |
| 2018-08-01 | $119,900 (8.1%) | $160,581 (11.4%) | 0.00 | 426 |
| 2018-09-01 | $119,957 (7.1%) | $157,130 (8.3%) | 0.00 | 419 |
| 2018-10-01 | $119,900 (8.0%) | $152,993 (2.9%) | 0.00 | 409 |
| 2018-11-01 | $122,450 (14.0%) | $153,913 (3.7%) | 0.00 | 373 |
| 2018-12-01 | $119,900 (11.5%) | $149,424 (1.7%) | 0.00 | 356 |
| 2019-01-01 | $119,400 (16.8%) | $145,685 (2.3%) | 0.00 | 339 |
| 2019-02-01 | $121,900 (13.9%) | $156,289 (8.8%) | 0.00 | 316 |
| 2019-03-01 | $126,471 (20.5%) | $160,115 (11.3%) | 0.00 | 308 |
| 2019-04-01 | $132,400 (20.5%) | $164,561 (11.5%) | 0.00 | 307 |
| 2019-05-01 | $144,900 (27.9%) | $171,865 (13.1%) | 0.00 | 314 |
| 2019-06-01 | $139,927 (19.7%) | $174,471 (8.7%) | 0.00 | 335 |
| 2019-07-01 | $138,832 (13.8%) | $170,710 (2.9%) | 0.00 | 372 |
| 2019-08-01 | $141,064 (17.7%) | $170,716 (6.3%) | 0.00 | 358 |
| 2019-09-01 | $146,034 (21.7%) | $172,152 (9.6%) | 0.00 | 347 |
| 2019-10-01 | $149,348 (24.6%) | $173,271 (13.3%) | 0.00 | 336 |
| 2019-11-01 | $139,450 (13.9%) | $164,905 (7.1%) | 0.00 | 332 |
| 2019-12-01 | $137,900 (15.0%) | $160,145 (7.2%) | 0.00 | 316 |
| 2020-01-01 | $135,225 (13.3%) | $161,570 (10.9%) | 0.00 | 310 |
| 2020-02-01 | $134,800 (10.6%) | $163,434 (4.6%) | 0.00 | 286 |
| 2020-03-01 | $139,900 (10.6%) | $168,246 (5.1%) | 0.00 | 278 |
| 2020-04-01 | $142,425 (7.6%) | $175,191 (6.5%) | 0.00 | 259 |
| 2020-05-01 | $145,000 (0.1%) | $184,900 (7.6%) | 0.00 | 237 |
| 2020-06-01 | $149,574 (6.9%) | $196,187 (12.5%) | 0.00 | 245 |
| 2020-07-01 | $154,950 (11.6%) | $203,165 (19.0%) | 0.00 | 209 |
| 2020-08-01 | $149,900 (6.3%) | $195,823 (14.7%) | 0.00 | 199 |
| 2020-09-01 | $139,900 (-4.2%) | $184,293 (7.1%) | 0.00 | 201 |
| 2020-10-01 | $139,900 (-6.3%) | $183,773 (6.1%) | 0.00 | 197 |
| 2020-11-01 | $136,950 (-1.8%) | $168,481 (2.2%) | 0.00 | 192 |
| 2020-12-01 | $136,325 (-1.1%) | $165,824 (3.6%) | 0.00 | 158 |
| 2021-01-01 | $140,000 (3.5%) | $183,800 (13.8%) | 0.00 | 144 |
| 2021-02-01 | $143,400 (6.4%) | $197,711 (21.0%) | 0.00 | 108 |
| 2021-03-01 | $150,669 (7.7%) | $202,360 (20.3%) | 0.00 | 102 |
| 2021-04-01 | $151,300 (6.2%) | $213,694 (22.0%) | 0.00 | 95 |
| 2021-05-01 | $155,000 (6.9%) | $217,872 (17.8%) | 0.00 | 96 |
| 2021-06-01 | $158,681 (6.1%) | $233,730 (19.1%) | 0.00 | 132 |
| 2021-07-01 | $165,000 (6.5%) | $259,991 (28.0%) | 0.00 | 132 |
| 2021-08-01 | $159,825 (6.6%) | $247,812 (26.6%) | 0.00 | 146 |
| 2021-09-01 | $159,425 (14.0%) | $237,789 (29.0%) | 0.00 | 158 |
| 2021-10-01 | $155,000 (10.8%) | $219,088 (19.2%) | 0.00 | 166 |
| 2021-11-01 | $147,800 (7.9%) | $193,743 (15.0%) | 0.00 | 165 |
| 2021-12-01 | $143,625 (5.4%) | $195,412 (17.8%) | 0.00 | 142 |
| 2022-01-01 | $144,950 (3.5%) | $187,213 (1.9%) | 0.00 | 124 |
| 2022-02-01 | $132,469 (-7.6%) | $176,698 (-10.6%) | 0.00 | 109 |
| 2022-03-01 | $139,250 (-7.6%) | $182,987 (-9.6%) | 0.00 | 99 |
| 2022-04-01 | $160,950 (6.4%) | $200,473 (-6.2%) | 0.00 | 104 |
| 2022-05-01 | $169,850 (9.6%) | $228,824 (5.0%) | 0.00 | 109 |
| 2022-06-01 | $162,425 (2.4%) | $211,310 (-9.6%) | 0.00 | 154 |
| 2022-07-01 | $169,900 (3.0%) | $229,265 (-11.8%) | 0.00 | 180 |
| 2022-08-01 | $159,225 (-0.4%) | $215,229 (-13.2%) | 0.00 | 198 |
| 2022-09-01 | $164,950 (3.5%) | $223,822 (-5.9%) | 0.00 | 208 |
| 2022-10-01 | $178,500 (15.2%) | $229,986 (5.0%) | 0.00 | 199 |
| 2022-11-01 | $183,800 (24.4%) | $272,843 (40.8%) | 0.00 | 176 |
| 2022-12-01 | $178,750 (24.5%) | $270,999 (38.7%) | 0.00 | 149 |
| 2023-01-01 | $172,450 (19.0%) | $272,687 (45.7%) | 0.00 | 135 |
| 2023-02-01 | $184,175 (39.0%) | $291,603 (65.0%) | 0.00 | 115 |
| 2023-03-01 | $182,400 (31.0%) | $294,874 (61.2%) | 0.00 | 108 |
| 2023-04-01 | $194,950 (21.1%) | $302,234 (50.8%) | 0.00 | 108 |
| 2023-05-01 | $188,200 (10.8%) | $274,123 (19.8%) | 0.00 | 120 |
| 2023-06-01 | $192,250 (18.4%) | $290,177 (37.3%) | 0.00 | 129 |
| 2023-07-01 | $192,250 (13.2%) | $284,665 (24.2%) | 0.00 | 127 |
| 2023-08-01 | $199,000 (25.0%) | $284,657 (32.3%) | 0.00 | 149 |
| 2023-09-01 | $222,450 (34.9%) | $261,173 (16.7%) | 0.00 | 174 |
| 2023-10-01 | $199,900 (12.0%) | $261,959 (13.9%) | 0.00 | 178 |
| 2023-11-01 | $199,900 (8.8%) | $252,431 (-7.5%) | 0.00 | 172 |
| 2023-12-01 | $189,900 (6.2%) | $250,501 (-7.6%) | 0.00 | 155 |
| 2024-01-01 | $191,244 (10.9%) | $253,489 (-7.0%) | 0.00 | 139 |
| 2024-02-01 | $197,475 (7.2%) | $253,537 (-13.1%) | 0.00 | 118 |
| 2024-03-01 | $189,900 (4.1%) | $265,891 (-9.8%) | 0.00 | 120 |
Ashtabula's median listing price comes in at 0% of the national average.
Ashtabula's average listing price for 2024-03-01 was $265,891, a difference of $-28,983 (-9.8%) versus the prior year and $12,354 versus the prior month.
For the 2024-03-01 period, Ashtabula had 120 MLS listings, a difference of 2 listings (2%) versus the prior month and 12 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Ashtabula (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,500 sqft |
| 2018-02-01 | 0 days | 1,498 sqft |
| 2018-03-01 | 0 days | 1,484 sqft |
| 2018-04-01 | 0 days | 1,525 sqft |
| 2018-05-01 | 0 days | 1,528 sqft |
| 2018-06-01 | 0 days | 1,536 sqft |
| 2018-07-01 | 0 days | 1,626 sqft |
| 2018-08-01 | 0 days | 1,552 sqft |
| 2018-09-01 | 0 days | 1,536 sqft |
| 2018-10-01 | 0 days | 1,554 sqft |
| 2018-11-01 | 0 days | 1,562 sqft |
| 2018-12-01 | 0 days | 1,542 sqft |
| 2019-01-01 | 0 days | 1,558 sqft |
| 2019-02-01 | 0 days | 1,625 sqft |
| 2019-03-01 | 0 days | 1,666 sqft |
| 2019-04-01 | 0 days | 1,705 sqft |
| 2019-05-01 | 0 days | 1,640 sqft |
| 2019-06-01 | 0 days | 1,632 sqft |
| 2019-07-01 | 0 days | 1,600 sqft |
| 2019-08-01 | 0 days | 1,628 sqft |
| 2019-09-01 | 0 days | 1,670 sqft |
| 2019-10-01 | 0 days | 1,707 sqft |
| 2019-11-01 | 0 days | 1,654 sqft |
| 2019-12-01 | 0 days | 1,580 sqft |
| 2020-01-01 | 0 days | 1,578 sqft |
| 2020-02-01 | 0 days | 1,540 sqft |
| 2020-03-01 | 0 days | 1,509 sqft |
| 2020-04-01 | 0 days | 1,506 sqft |
| 2020-05-01 | 0 days | 1,556 sqft |
| 2020-06-01 | 0 days | 1,618 sqft |
| 2020-07-01 | 0 days | 1,666 sqft |
| 2020-08-01 | 0 days | 1,554 sqft |
| 2020-09-01 | 0 days | 1,568 sqft |
| 2020-10-01 | 0 days | 1,548 sqft |
| 2020-11-01 | 0 days | 1,482 sqft |
| 2020-12-01 | 0 days | 1,443 sqft |
| 2021-01-01 | 0 days | 1,447 sqft |
| 2021-02-01 | 0 days | 1,479 sqft |
| 2021-03-01 | 0 days | 1,478 sqft |
| 2021-04-01 | 0 days | 1,501 sqft |
| 2021-05-01 | 0 days | 1,508 sqft |
| 2021-06-01 | 0 days | 1,597 sqft |
| 2021-07-01 | 0 days | 1,600 sqft |
| 2021-08-01 | 0 days | 1,651 sqft |
| 2021-09-01 | 0 days | 1,612 sqft |
| 2021-10-01 | 0 days | 1,597 sqft |
| 2021-11-01 | 0 days | 1,549 sqft |
| 2021-12-01 | 0 days | 1,515 sqft |
| 2022-01-01 | 0 days | 1,529 sqft |
| 2022-02-01 | 0 days | 1,418 sqft |
| 2022-03-01 | 0 days | 1,395 sqft |
| 2022-04-01 | 0 days | 1,459 sqft |
| 2022-05-01 | 0 days | 1,452 sqft |
| 2022-06-01 | 0 days | 1,440 sqft |
| 2022-07-01 | 0 days | 1,558 sqft |
| 2022-08-01 | 0 days | 1,493 sqft |
| 2022-09-01 | 0 days | 1,535 sqft |
| 2022-10-01 | 0 days | 1,547 sqft |
| 2022-11-01 | 0 days | 1,642 sqft |
| 2022-12-01 | 0 days | 1,657 sqft |
| 2023-01-01 | 0 days | 1,627 sqft |
| 2023-02-01 | 0 days | 1,626 sqft |
| 2023-03-01 | 0 days | 1,599 sqft |
| 2023-04-01 | 0 days | 1,662 sqft |
| 2023-05-01 | 0 days | 1,698 sqft |
| 2023-06-01 | 0 days | 1,731 sqft |
| 2023-07-01 | 0 days | 1,662 sqft |
| 2023-08-01 | 0 days | 1,598 sqft |
| 2023-09-01 | 0 days | 1,600 sqft |
| 2023-10-01 | 0 days | 1,626 sqft |
| 2023-11-01 | 0 days | 1,630 sqft |
| 2023-12-01 | 0 days | 1,647 sqft |
| 2024-01-01 | 0 days | 1,690 sqft |
| 2024-02-01 | 0 days | 1,651 sqft |
| 2024-03-01 | 0 days | 1,596 sqft |
Ashtabula's median square footage for active listings during the 2024-03-01 period was 1,596 sqft. One year prior, the average listing was 1,599 sqft.