Athens USDA Loan Rates, Closing Costs & Stats

Athens, TX

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 7 USDA loans during 2023. The total origination value was $1,435,000, with an average USDA loan value of $205,000.

Athens USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Athens averaged 7.13% for the week of 2024-05-24, compared to the national average (all USDA variants) of 6.738% for the same period.

Athens's average USDA mortgage closing costs are $5,835.

The average rate for the prior week (2024-05-17) was 7.11% and one month ago for the week of 2024-04-19, the average rate was 7.15%.

The average rate one year ago was 6.87%.

For refis of the same type during the week of 2024-05-24, the average rate was 6.53%.

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
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.58% $10,241
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.63% $5,825
NP, Inc. 1 7.13% $8,277
Paramount Residential Mortgage Group, Inc. 1 7.13% $11,907
PLAZA HOME MORTGAGE, INC. 1 5.25% $11,333

The top Athens USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 3 USDA loans originated. Their average total fees are $10,241, which is $4,416 higher than the next largest lender, AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC.

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 $259,250 (8.5%) $425,705 (12.8%) 0.00 518
2018-02-01 $267,450 (11.7%) $437,826 (19.0%) 0.00 528
2018-03-01 $285,000 (13.0%) $434,398 (14.1%) 0.00 521
2018-04-01 $287,000 (14.8%) $435,692 (14.4%) 0.00 553
2018-05-01 $297,700 (17.0%) $445,068 (12.0%) 0.00 558
2018-06-01 $289,000 (11.5%) $448,028 (13.9%) 0.00 587
2018-07-01 $275,000 (10.0%) $422,609 (8.8%) 0.00 571
2018-08-01 $249,950 (-2.4%) $392,860 (-3.1%) 0.00 600
2018-09-01 $241,500 (-10.2%) $398,384 (-2.4%) 0.00 605
2018-10-01 $229,000 (-12.9%) $396,857 (-5.9%) 0.00 606
2018-11-01 $225,000 (-15.4%) $404,436 (-2.9%) 0.00 577
2018-12-01 $219,900 (-15.1%) $409,161 (0.8%) 0.00 570
2019-01-01 $222,500 (-14.2%) $419,662 (-1.4%) 0.00 523
2019-02-01 $234,000 (-12.5%) $409,052 (-6.6%) 0.00 496
2019-03-01 $253,050 (-11.2%) $422,973 (-2.6%) 0.00 502
2019-04-01 $258,725 (-9.9%) $421,429 (-3.3%) 0.00 526
2019-05-01 $272,000 (-8.6%) $412,975 (-7.2%) 0.00 507
2019-06-01 $275,000 (-4.8%) $414,018 (-7.6%) 0.00 518
2019-07-01 $269,125 (-2.1%) $409,655 (-3.1%) 0.00 530
2019-08-01 $263,973 (5.6%) $412,646 (5.0%) 0.00 535
2019-09-01 $256,057 (6.0%) $411,871 (3.4%) 0.00 532
2019-10-01 $257,830 (12.6%) $424,784 (7.0%) 0.00 510
2019-11-01 $258,300 (14.8%) $432,073 (6.8%) 0.00 481
2019-12-01 $249,125 (13.3%) $384,653 (-6.0%) 0.00 464
2020-01-01 $238,944 (7.4%) $392,964 (-6.4%) 0.00 422
2020-02-01 $232,627 (-0.6%) $375,641 (-8.2%) 0.00 441
2020-03-01 $234,325 (-7.4%) $379,692 (-10.2%) 0.00 453
2020-04-01 $230,325 (-11.0%) $365,648 (-13.2%) 0.00 467
2020-05-01 $234,900 (-13.6%) $413,327 (0.1%) 0.00 419
2020-06-01 $228,675 (-16.9%) $410,018 (-1.0%) 0.00 335
2020-07-01 $225,000 (-16.4%) $412,576 (0.7%) 0.00 310
2020-08-01 $229,000 (-13.3%) $452,460 (9.7%) 0.00 309
2020-09-01 $227,000 (-11.4%) $469,135 (13.9%) 0.00 311
2020-10-01 $232,250 (-9.9%) $482,817 (13.7%) 0.00 331
2020-11-01 $237,500 (-8.1%) $498,632 (15.4%) 0.00 340
2020-12-01 $231,100 (-7.2%) $479,820 (24.7%) 0.00 318
2021-01-01 $228,700 (-4.3%) $459,328 (16.9%) 0.00 292
2021-02-01 $244,200 (5.0%) $491,851 (30.9%) 0.00 247
2021-03-01 $264,800 (13.0%) $461,792 (21.6%) 0.00 216
2021-04-01 $277,269 (20.4%) $486,327 (33.0%) 0.00 214
2021-05-01 $288,875 (23.0%) $513,728 (24.3%) 0.00 221
2021-06-01 $294,099 (28.6%) $582,928 (42.2%) 0.00 238
2021-07-01 $299,500 (33.1%) $575,139 (39.4%) 0.00 278
2021-08-01 $352,000 (53.7%) $581,386 (28.5%) 0.00 304
2021-09-01 $312,450 (37.6%) $540,131 (15.1%) 0.00 322
2021-10-01 $320,000 (37.8%) $548,454 (13.6%) 0.00 282
2021-11-01 $309,574 (30.4%) $545,779 (9.5%) 0.00 279
2021-12-01 $304,248 (31.7%) $524,570 (9.3%) 0.00 269
2022-01-01 $304,428 (33.1%) $515,353 (12.2%) 0.00 246
2022-02-01 $342,225 (40.1%) $605,127 (23.0%) 0.00 196
2022-03-01 $378,600 (43.0%) $706,502 (53.0%) 0.00 205
2022-04-01 $375,000 (35.3%) $704,657 (44.9%) 0.00 230
2022-05-01 $382,000 (32.2%) $739,436 (43.9%) 0.00 279
2022-06-01 $385,250 (31.0%) $770,261 (32.1%) 0.00 353
2022-07-01 $399,000 (33.2%) $771,343 (34.1%) 0.00 423
2022-08-01 $386,188 (9.7%) $745,296 (28.2%) 0.00 479
2022-09-01 $394,250 (26.2%) $755,395 (39.9%) 0.00 492
2022-10-01 $379,800 (18.7%) $728,274 (32.8%) 0.00 494
2022-11-01 $370,750 (19.8%) $714,513 (30.9%) 0.00 536
2022-12-01 $379,000 (24.6%) $732,897 (39.7%) 0.00 488
2023-01-01 $378,250 (24.3%) $716,545 (39.0%) 0.00 441
2023-02-01 $385,000 (12.5%) $719,971 (19.0%) 0.00 460
2023-03-01 $390,000 (3.0%) $727,109 (2.9%) 0.00 498
2023-04-01 $391,000 (4.3%) $713,421 (1.2%) 0.00 558
2023-05-01 $395,656 (3.6%) $738,231 (-0.2%) 0.00 609
2023-06-01 $402,475 (4.5%) $799,054 (3.7%) 0.00 636
2023-07-01 $412,000 (3.3%) $813,951 (5.5%) 0.00 661
2023-08-01 $399,450 (3.4%) $759,410 (1.9%) 0.00 699
2023-09-01 $389,000 (-1.3%) $712,062 (-5.7%) 0.00 677
2023-10-01 $349,500 (-8.0%) $680,882 (-6.5%) 0.00 708
2023-11-01 $349,600 (-5.7%) $659,514 (-7.7%) 0.00 702
2023-12-01 $330,000 (-12.9%) $612,437 (-16.4%) 0.00 693
2024-01-01 $321,498 (-15.0%) $639,403 (-10.8%) 0.00 666
2024-02-01 $322,998 (-16.1%) $661,870 (-8.1%) 0.00 691
2024-03-01 $364,900 (-6.4%) $694,847 (-4.4%) 0.00 742
2024-04-01 $363,425 (-7.1%) $703,121 (-1.4%) 0.00 789
Athens's median listing price for 2024-04-01 was $363,425, a difference of $-27,575 (-7.1%) versus the prior year and $-1,475 versus the prior month.

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

Athens's average listing price for 2024-04-01 was $703,121, a difference of $-10,300 (-1.4%) versus the prior year and $8,274 versus the prior month.

For the 2024-04-01 period, Athens had 789 MLS listings, a difference of 47 listings (6%) versus the prior month and 231 listings (41%) 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 1,979 sqft
2018-02-01 0 days 1,960 sqft
2018-03-01 0 days 1,997 sqft
2018-04-01 0 days 2,000 sqft
2018-05-01 0 days 2,001 sqft
2018-06-01 0 days 2,000 sqft
2018-07-01 0 days 1,964 sqft
2018-08-01 0 days 1,909 sqft
2018-09-01 0 days 1,831 sqft
2018-10-01 0 days 1,809 sqft
2018-11-01 0 days 1,796 sqft
2018-12-01 0 days 1,773 sqft
2019-01-01 0 days 1,800 sqft
2019-02-01 0 days 1,835 sqft
2019-03-01 0 days 1,901 sqft
2019-04-01 0 days 1,902 sqft
2019-05-01 0 days 1,952 sqft
2019-06-01 0 days 1,944 sqft
2019-07-01 0 days 1,924 sqft
2019-08-01 0 days 1,911 sqft
2019-09-01 0 days 1,876 sqft
2019-10-01 0 days 1,895 sqft
2019-11-01 0 days 1,888 sqft
2019-12-01 0 days 1,869 sqft
2020-01-01 0 days 1,848 sqft
2020-02-01 0 days 1,822 sqft
2020-03-01 0 days 1,819 sqft
2020-04-01 0 days 1,804 sqft
2020-05-01 0 days 1,824 sqft
2020-06-01 0 days 1,821 sqft
2020-07-01 0 days 1,814 sqft
2020-08-01 0 days 1,816 sqft
2020-09-01 0 days 1,779 sqft
2020-10-01 0 days 1,742 sqft
2020-11-01 0 days 1,728 sqft
2020-12-01 0 days 1,691 sqft
2021-01-01 0 days 1,685 sqft
2021-02-01 0 days 1,744 sqft
2021-03-01 0 days 1,744 sqft
2021-04-01 0 days 1,736 sqft
2021-05-01 0 days 1,750 sqft
2021-06-01 0 days 1,794 sqft
2021-07-01 0 days 1,813 sqft
2021-08-01 0 days 1,859 sqft
2021-09-01 0 days 1,782 sqft
2021-10-01 0 days 1,826 sqft
2021-11-01 0 days 1,781 sqft
2021-12-01 0 days 1,754 sqft
2022-01-01 0 days 1,760 sqft
2022-02-01 0 days 1,868 sqft
2022-03-01 0 days 1,852 sqft
2022-04-01 0 days 1,868 sqft
2022-05-01 0 days 1,902 sqft
2022-06-01 0 days 1,850 sqft
2022-07-01 0 days 1,900 sqft
2022-08-01 0 days 1,892 sqft
2022-09-01 0 days 1,899 sqft
2022-10-01 0 days 1,870 sqft
2022-11-01 0 days 1,834 sqft
2022-12-01 0 days 1,862 sqft
2023-01-01 0 days 1,877 sqft
2023-02-01 0 days 1,869 sqft
2023-03-01 0 days 1,900 sqft
2023-04-01 0 days 1,900 sqft
2023-05-01 0 days 1,906 sqft
2023-06-01 0 days 1,955 sqft
2023-07-01 0 days 1,956 sqft
2023-08-01 0 days 1,917 sqft
2023-09-01 0 days 1,871 sqft
2023-10-01 0 days 1,865 sqft
2023-11-01 0 days 1,857 sqft
2023-12-01 0 days 1,827 sqft
2024-01-01 0 days 1,804 sqft
2024-02-01 0 days 1,810 sqft
2024-03-01 0 days 1,848 sqft
2024-04-01 0 days 1,845 sqft
Athens's median listing age (time on market) for 2024-04-01 was 0 days.

Athens's median square footage for active listings during the 2024-04-01 period was 1,845 sqft. One year prior, the average listing was 1,900 sqft.