Athens USDA Loan Rates, Closing Costs & Stats

Athens, 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.

    Athens's 5 lenders originated 12 USDA loans during 2023. The total origination value was $2,310,000, with an average USDA loan value of $192,500.

    Athens USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Athens averaged 7.09% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Athens's average USDA mortgage closing costs are $5,489.

    The average rate for the prior week (2024-04-12) was 6.65% and one month ago for the week of 2024-03-15, the average rate was 6.73%.

    The average rate one year ago was 6.57%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.76%.

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

    Athens 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 Athens level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CROSSCOUNTRY MORTGAGE, LLC 3 7.33% $8,109
    UNION HOME MORTGAGE CORP. 3 6.79% $6,015
    Citizens Bank 1 7.25% $4,555
    LIBERTY HOME MORTGAGE CORPORATION 1 6.75% $7,834
    T2 FINANCIAL LLC 1 7.25% $8,303

    The top Athens USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 3 USDA loans originated. Their average total fees are $8,109, which is $2,094 higher than the next largest lender, UNION HOME MORTGAGE CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Athens (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 $165,000 (24.6%) $186,377 (0.2%) 0.00 150
    2018-02-01 $180,425 (27.3%) $192,650 (-0.7%) 0.00 154
    2018-03-01 $173,450 (2.1%) $193,758 (-9.6%) 0.00 184
    2018-04-01 $184,050 (8.9%) $204,628 (-3.0%) 0.00 189
    2018-05-01 $195,000 (17.1%) $210,181 (-0.3%) 0.00 188
    2018-06-01 $189,500 (11.4%) $213,470 (-0.6%) 0.00 205
    2018-07-01 $192,425 (4.3%) $214,907 (-0.1%) 0.00 199
    2018-08-01 $184,450 (7.0%) $213,942 (6.8%) 0.00 189
    2018-09-01 $179,900 (5.9%) $212,826 (9.7%) 0.00 175
    2018-10-01 $165,000 (-5.7%) $207,516 (6.5%) 0.00 180
    2018-11-01 $178,650 (3.4%) $216,215 (10.1%) 0.00 170
    2018-12-01 $179,900 (2.8%) $214,613 (10.7%) 0.00 158
    2019-01-01 $184,450 (11.8%) $214,352 (15.0%) 0.00 146
    2019-02-01 $179,900 (-0.3%) $210,500 (9.3%) 0.00 155
    2019-03-01 $175,614 (1.3%) $206,894 (6.8%) 0.00 175
    2019-04-01 $169,900 (-7.7%) $203,220 (-0.7%) 0.00 195
    2019-05-01 $171,069 (-12.3%) $206,322 (-1.8%) 0.00 194
    2019-06-01 $167,000 (-11.9%) $201,039 (-5.8%) 0.00 206
    2019-07-01 $162,250 (-15.7%) $194,228 (-9.6%) 0.00 208
    2019-08-01 $162,818 (-11.7%) $194,364 (-9.2%) 0.00 210
    2019-09-01 $166,295 (-7.6%) $196,337 (-7.8%) 0.00 208
    2019-10-01 $168,614 (2.2%) $196,852 (-5.1%) 0.00 200
    2019-11-01 $175,000 (-2.0%) $199,233 (-7.9%) 0.00 181
    2019-12-01 $169,000 (-6.1%) $197,159 (-8.1%) 0.00 160
    2020-01-01 $166,500 (-9.7%) $197,955 (-7.7%) 0.00 142
    2020-02-01 $165,000 (-8.3%) $204,240 (-3.0%) 0.00 150
    2020-03-01 $189,450 (7.9%) $212,981 (2.9%) 0.00 168
    2020-04-01 $189,675 (11.6%) $211,349 (4.0%) 0.00 168
    2020-05-01 $196,250 (14.7%) $218,290 (5.8%) 0.00 156
    2020-06-01 $198,875 (19.1%) $215,962 (7.4%) 0.00 150
    2020-07-01 $192,475 (18.6%) $207,211 (6.7%) 0.00 146
    2020-08-01 $190,500 (17.0%) $208,785 (7.4%) 0.00 136
    2020-09-01 $184,675 (11.1%) $210,651 (7.3%) 0.00 137
    2020-10-01 $185,000 (9.7%) $198,848 (1.0%) 0.00 129
    2020-11-01 $179,375 (2.5%) $199,763 (0.3%) 0.00 114
    2020-12-01 $161,250 (-4.6%) $189,162 (-4.1%) 0.00 99
    2021-01-01 $163,750 (-1.7%) $185,662 (-6.2%) 0.00 87
    2021-02-01 $157,725 (-4.4%) $177,720 (-13.0%) 0.00 84
    2021-03-01 $152,925 (-19.3%) $184,114 (-13.6%) 0.00 94
    2021-04-01 $152,725 (-19.5%) $191,272 (-9.5%) 0.00 100
    2021-05-01 $179,450 (-8.6%) $212,551 (-2.6%) 0.00 98
    2021-06-01 $183,700 (-7.6%) $213,893 (-1.0%) 0.00 112
    2021-07-01 $179,000 (-7.0%) $215,079 (3.8%) 0.00 103
    2021-08-01 $187,000 (-1.8%) $217,721 (4.3%) 0.00 100
    2021-09-01 $185,000 (0.2%) $211,654 (0.5%) 0.00 96
    2021-10-01 $189,900 (2.7%) $205,692 (3.4%) 0.00 85
    2021-11-01 $179,500 (0.1%) $203,218 (1.7%) 0.00 73
    2021-12-01 $167,975 (4.2%) $189,216 (0.0%) 0.00 62
    2022-01-01 $168,000 (2.6%) $187,623 (1.1%) 0.00 54
    2022-02-01 $177,500 (12.5%) $192,192 (8.1%) 0.00 56
    2022-03-01 $174,125 (13.9%) $209,577 (13.8%) 0.00 56
    2022-04-01 $180,000 (17.9%) $230,593 (20.6%) 0.00 71
    2022-05-01 $188,625 (5.1%) $223,851 (5.3%) 0.00 92
    2022-06-01 $194,750 (6.0%) $249,495 (16.6%) 0.00 102
    2022-07-01 $209,750 (17.2%) $258,105 (20.0%) 0.00 108
    2022-08-01 $182,225 (-2.6%) $228,008 (4.7%) 0.00 104
    2022-09-01 $188,000 (1.6%) $217,301 (2.7%) 0.00 110
    2022-10-01 $194,500 (2.4%) $234,202 (13.9%) 0.00 112
    2022-11-01 $199,950 (11.4%) $240,452 (18.3%) 0.00 99
    2022-12-01 $194,900 (16.0%) $243,252 (28.6%) 0.00 95
    2023-01-01 $193,475 (15.2%) $245,832 (31.0%) 0.00 80
    2023-02-01 $218,475 (23.1%) $254,237 (32.3%) 0.00 84
    2023-03-01 $192,400 (10.5%) $236,576 (12.9%) 0.00 95
    2023-04-01 $225,000 (25.0%) $263,671 (14.3%) 0.00 71
    2023-05-01 $191,500 (1.5%) $239,849 (7.2%) 0.00 61
    2023-06-01 $199,925 (2.7%) $267,818 (7.3%) 0.00 48
    2023-07-01 $205,000 (-2.3%) $274,335 (6.3%) 0.00 48
    2023-08-01 $222,450 (22.1%) $301,444 (32.2%) 0.00 51
    2023-09-01 $209,900 (11.7%) $276,472 (27.2%) 0.00 53
    2023-10-01 $203,725 (4.7%) $263,719 (12.6%) 0.00 63
    2023-11-01 $235,000 (17.5%) $258,662 (7.6%) 0.00 68
    2023-12-01 $247,200 (26.8%) $282,497 (16.1%) 0.00 66
    2024-01-01 $225,675 (16.6%) $273,162 (11.1%) 0.00 59
    2024-02-01 $224,000 (2.5%) $270,186 (6.3%) 0.00 60
    2024-03-01 $256,750 (33.5%) $288,806 (22.1%) 0.00 52
    Athens's median listing price for 2024-03-01 was $256,750, a difference of $64,350 (33.5%) versus the prior year and $32,750 versus the prior month.

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

    Athens's average listing price for 2024-03-01 was $288,806, a difference of $52,230 (22.1%) versus the prior year and $18,620 versus the prior month.

    For the 2024-03-01 period, Athens had 52 MLS listings, a difference of -8 listings (-13%) versus the prior month and -43 listings (-45%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Athens (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,844 sqft
    2018-02-01 0 days 1,901 sqft
    2018-03-01 0 days 1,788 sqft
    2018-04-01 0 days 1,818 sqft
    2018-05-01 0 days 1,895 sqft
    2018-06-01 0 days 1,960 sqft
    2018-07-01 0 days 1,889 sqft
    2018-08-01 0 days 1,853 sqft
    2018-09-01 0 days 1,817 sqft
    2018-10-01 0 days 1,800 sqft
    2018-11-01 0 days 1,774 sqft
    2018-12-01 0 days 1,739 sqft
    2019-01-01 0 days 1,718 sqft
    2019-02-01 0 days 1,680 sqft
    2019-03-01 0 days 1,701 sqft
    2019-04-01 0 days 1,727 sqft
    2019-05-01 0 days 1,728 sqft
    2019-06-01 0 days 1,722 sqft
    2019-07-01 0 days 1,709 sqft
    2019-08-01 0 days 1,717 sqft
    2019-09-01 0 days 1,723 sqft
    2019-10-01 0 days 1,734 sqft
    2019-11-01 0 days 1,760 sqft
    2019-12-01 0 days 1,736 sqft
    2020-01-01 0 days 1,698 sqft
    2020-02-01 0 days 1,672 sqft
    2020-03-01 0 days 1,779 sqft
    2020-04-01 0 days 1,773 sqft
    2020-05-01 0 days 1,780 sqft
    2020-06-01 0 days 1,789 sqft
    2020-07-01 0 days 1,731 sqft
    2020-08-01 0 days 1,696 sqft
    2020-09-01 0 days 1,683 sqft
    2020-10-01 0 days 1,689 sqft
    2020-11-01 0 days 1,682 sqft
    2020-12-01 0 days 1,593 sqft
    2021-01-01 0 days 1,560 sqft
    2021-02-01 0 days 1,442 sqft
    2021-03-01 0 days 1,503 sqft
    2021-04-01 0 days 1,506 sqft
    2021-05-01 0 days 1,610 sqft
    2021-06-01 0 days 1,628 sqft
    2021-07-01 0 days 1,616 sqft
    2021-08-01 0 days 1,660 sqft
    2021-09-01 0 days 1,648 sqft
    2021-10-01 0 days 1,632 sqft
    2021-11-01 0 days 1,560 sqft
    2021-12-01 0 days 1,369 sqft
    2022-01-01 0 days 1,355 sqft
    2022-02-01 0 days 1,364 sqft
    2022-03-01 0 days 1,476 sqft
    2022-04-01 0 days 1,568 sqft
    2022-05-01 0 days 1,415 sqft
    2022-06-01 0 days 1,456 sqft
    2022-07-01 0 days 1,640 sqft
    2022-08-01 0 days 1,630 sqft
    2022-09-01 0 days 1,494 sqft
    2022-10-01 0 days 1,640 sqft
    2022-11-01 0 days 1,694 sqft
    2022-12-01 0 days 1,715 sqft
    2023-01-01 0 days 1,692 sqft
    2023-02-01 0 days 1,670 sqft
    2023-03-01 0 days 1,640 sqft
    2023-04-01 0 days 1,640 sqft
    2023-05-01 0 days 1,519 sqft
    2023-06-01 0 days 1,518 sqft
    2023-07-01 0 days 1,750 sqft
    2023-08-01 0 days 1,750 sqft
    2023-09-01 0 days 1,680 sqft
    2023-10-01 0 days 1,660 sqft
    2023-11-01 0 days 1,677 sqft
    2023-12-01 0 days 1,658 sqft
    2024-01-01 0 days 1,620 sqft
    2024-02-01 0 days 1,660 sqft
    2024-03-01 0 days 1,659 sqft
    Athens's median listing age (time on market) for 2024-03-01 was 0 days.

    Athens's median square footage for active listings during the 2024-03-01 period was 1,659 sqft. One year prior, the average listing was 1,640 sqft.