Auburn USDA Loan Rates, Closing Costs & Stats

Auburn, NY

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.

Auburn's 1 lenders originated 1 USDA loans during 2023. The total origination value was $85,000, with an average USDA loan value of $85,000.

Auburn USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Auburn averaged 6.6% for the week of 2024-03-22, compared to the national average (all USDA variants) of 6.674% for the same period.

Auburn's average USDA mortgage closing costs are $5,107.

The average rate for the prior week (2024-03-15) was 6.62% and one month ago for the week of 2024-02-16, the average rate was 6.6%.

The average rate one year ago was 6.4%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.47%.

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

Auburn 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 Auburn level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Bank of England 1 6.13% $8,138

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Auburn (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 $131,150 (-2.1%) $202,545 (1.7%) 0.00 254
2018-02-01 $139,450 (-0.3%) $219,148 (10.5%) 0.00 250
2018-03-01 $139,950 (0.0%) $217,001 (2.8%) 0.00 235
2018-04-01 $147,575 (1.3%) $220,651 (1.9%) 0.00 247
2018-05-01 $157,625 (4.3%) $223,303 (-0.2%) 0.00 253
2018-06-01 $170,450 (6.9%) $238,088 (5.3%) 0.00 286
2018-07-01 $179,600 (10.5%) $242,942 (-3.2%) 0.00 308
2018-08-01 $176,075 (8.4%) $248,920 (0.8%) 0.00 298
2018-09-01 $169,900 (6.3%) $249,143 (1.2%) 0.00 289
2018-10-01 $172,100 (14.8%) $250,997 (5.5%) 0.00 289
2018-11-01 $173,000 (15.8%) $257,154 (7.1%) 0.00 275
2018-12-01 $167,750 (19.9%) $257,844 (16.5%) 0.00 250
2019-01-01 $159,925 (21.9%) $248,485 (22.7%) 0.00 211
2019-02-01 $160,700 (15.2%) $255,776 (16.7%) 0.00 195
2019-03-01 $179,329 (28.1%) $271,214 (25.0%) 0.00 203
2019-04-01 $195,450 (32.4%) $285,185 (29.3%) 0.00 222
2019-05-01 $197,225 (25.1%) $276,782 (24.0%) 0.00 247
2019-06-01 $189,900 (11.4%) $273,695 (15.0%) 0.00 278
2019-07-01 $204,850 (14.1%) $283,796 (16.8%) 0.00 275
2019-08-01 $203,827 (15.8%) $285,614 (14.7%) 0.00 270
2019-09-01 $199,818 (17.6%) $286,541 (15.0%) 0.00 261
2019-10-01 $195,800 (13.8%) $283,981 (13.1%) 0.00 252
2019-11-01 $179,450 (3.7%) $272,041 (5.8%) 0.00 246
2019-12-01 $169,900 (1.3%) $256,515 (-0.5%) 0.00 220
2020-01-01 $165,000 (3.2%) $256,278 (3.1%) 0.00 192
2020-02-01 $174,900 (8.8%) $251,204 (-1.8%) 0.00 188
2020-03-01 $179,900 (0.3%) $260,749 (-3.9%) 0.00 172
2020-04-01 $179,300 (-8.3%) $261,363 (-8.4%) 0.00 160
2020-05-01 $189,900 (-3.7%) $278,846 (0.8%) 0.00 163
2020-06-01 $214,950 (13.2%) $299,316 (9.4%) 0.00 181
2020-07-01 $215,950 (5.4%) $300,584 (5.9%) 0.00 181
2020-08-01 $219,900 (7.9%) $295,423 (3.4%) 0.00 151
2020-09-01 $184,900 (-7.5%) $281,391 (-1.8%) 0.00 149
2020-10-01 $179,900 (-8.1%) $302,677 (6.6%) 0.00 144
2020-11-01 $179,800 (0.2%) $302,307 (11.1%) 0.00 127
2020-12-01 $152,400 (-10.3%) $285,298 (11.2%) 0.00 127
2021-01-01 $164,900 (-0.1%) $299,487 (16.9%) 0.00 98
2021-02-01 $153,425 (-12.3%) $317,710 (26.5%) 0.00 85
2021-03-01 $174,900 (-2.8%) $344,293 (32.0%) 0.00 83
2021-04-01 $215,000 (19.9%) $348,957 (33.5%) 0.00 84
2021-05-01 $209,450 (10.3%) $332,447 (19.2%) 0.00 94
2021-06-01 $199,000 (-7.4%) $322,221 (7.7%) 0.00 103
2021-07-01 $195,000 (-9.7%) $302,056 (0.5%) 0.00 123
2021-08-01 $233,425 (6.2%) $328,312 (11.1%) 0.00 105
2021-09-01 $219,450 (18.7%) $326,176 (15.9%) 0.00 114
2021-10-01 $224,900 (25.0%) $338,114 (11.7%) 0.00 117
2021-11-01 $212,400 (18.1%) $295,342 (-2.3%) 0.00 89
2021-12-01 $196,564 (29.0%) $259,112 (-9.2%) 0.00 83
2022-01-01 $179,900 (9.1%) $265,142 (-11.5%) 0.00 76
2022-02-01 $158,650 (3.4%) $260,797 (-17.9%) 0.00 67
2022-03-01 $165,000 (-5.7%) $230,809 (-33.0%) 0.00 59
2022-04-01 $192,400 (-10.5%) $274,069 (-21.5%) 0.00 79
2022-05-01 $203,450 (-2.9%) $301,881 (-9.2%) 0.00 92
2022-06-01 $214,425 (7.8%) $315,709 (-2.0%) 0.00 96
2022-07-01 $200,000 (2.6%) $314,616 (4.2%) 0.00 117
2022-08-01 $216,675 (-7.2%) $331,453 (1.0%) 0.00 126
2022-09-01 $189,950 (-13.4%) $323,406 (-0.9%) 0.00 128
2022-10-01 $189,700 (-15.7%) $330,306 (-2.3%) 0.00 124
2022-11-01 $192,450 (-9.4%) $339,025 (14.8%) 0.00 110
2022-12-01 $195,000 (-0.8%) $320,655 (23.8%) 0.00 96
2023-01-01 $186,100 (3.5%) $308,797 (16.5%) 0.00 71
2023-02-01 $189,900 (19.7%) $305,410 (17.1%) 0.00 62
2023-03-01 $210,375 (27.5%) $375,924 (62.9%) 0.00 53
2023-04-01 $265,000 (37.7%) $409,868 (49.6%) 0.00 54
2023-05-01 $235,700 (15.9%) $393,021 (30.2%) 0.00 55
2023-06-01 $237,475 (10.8%) $360,770 (14.3%) 0.00 61
2023-07-01 $234,950 (17.5%) $343,902 (9.3%) 0.00 80
2023-08-01 $241,650 (11.5%) $331,305 (0.0%) 0.00 91
2023-09-01 $239,950 (26.3%) $385,186 (19.1%) 0.00 102
2023-10-01 $237,500 (25.2%) $387,659 (17.4%) 0.00 88
2023-11-01 $223,563 (16.2%) $361,677 (6.7%) 0.00 85
2023-12-01 $199,950 (2.5%) $353,327 (10.2%) 0.00 86
2024-01-01 $204,725 (10.0%) $369,874 (19.8%) 0.00 69
2024-02-01 $214,925 (13.2%) $386,764 (26.6%) 0.00 62
Auburn's median listing price for 2024-02-01 was $214,925, a difference of $25,025 (13.2%) versus the prior year and $10,200 versus the prior month.

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

Auburn's average listing price for 2024-02-01 was $386,764, a difference of $81,354 (26.6%) versus the prior year and $16,890 versus the prior month.

For the 2024-02-01 period, Auburn had 62 MLS listings, a difference of -7 listings (-10%) versus the prior month and 0 listings (0%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Auburn (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,717 sqft
2018-02-01 0 days 1,680 sqft
2018-03-01 0 days 1,719 sqft
2018-04-01 0 days 1,720 sqft
2018-05-01 0 days 1,714 sqft
2018-06-01 0 days 1,708 sqft
2018-07-01 0 days 1,734 sqft
2018-08-01 0 days 1,721 sqft
2018-09-01 0 days 1,700 sqft
2018-10-01 0 days 1,668 sqft
2018-11-01 0 days 1,704 sqft
2018-12-01 0 days 1,724 sqft
2019-01-01 0 days 1,680 sqft
2019-02-01 0 days 1,691 sqft
2019-03-01 0 days 1,782 sqft
2019-04-01 0 days 1,842 sqft
2019-05-01 0 days 1,749 sqft
2019-06-01 0 days 1,698 sqft
2019-07-01 0 days 1,693 sqft
2019-08-01 0 days 1,739 sqft
2019-09-01 0 days 1,780 sqft
2019-10-01 0 days 1,801 sqft
2019-11-01 0 days 1,792 sqft
2019-12-01 0 days 1,747 sqft
2020-01-01 0 days 1,794 sqft
2020-02-01 0 days 1,770 sqft
2020-03-01 0 days 1,781 sqft
2020-04-01 0 days 1,746 sqft
2020-05-01 0 days 1,829 sqft
2020-06-01 0 days 1,855 sqft
2020-07-01 0 days 1,815 sqft
2020-08-01 0 days 1,851 sqft
2020-09-01 0 days 1,862 sqft
2020-10-01 0 days 1,872 sqft
2020-11-01 0 days 1,774 sqft
2020-12-01 0 days 1,659 sqft
2021-01-01 0 days 1,640 sqft
2021-02-01 0 days 1,654 sqft
2021-03-01 0 days 1,693 sqft
2021-04-01 0 days 1,724 sqft
2021-05-01 0 days 1,716 sqft
2021-06-01 0 days 1,784 sqft
2021-07-01 0 days 1,828 sqft
2021-08-01 0 days 1,883 sqft
2021-09-01 0 days 1,746 sqft
2021-10-01 0 days 1,792 sqft
2021-11-01 0 days 1,777 sqft
2021-12-01 0 days 1,696 sqft
2022-01-01 0 days 1,694 sqft
2022-02-01 0 days 1,687 sqft
2022-03-01 0 days 1,736 sqft
2022-04-01 0 days 1,800 sqft
2022-05-01 0 days 1,783 sqft
2022-06-01 0 days 1,860 sqft
2022-07-01 0 days 1,702 sqft
2022-08-01 0 days 1,833 sqft
2022-09-01 0 days 1,778 sqft
2022-10-01 0 days 1,844 sqft
2022-11-01 0 days 1,881 sqft
2022-12-01 0 days 1,823 sqft
2023-01-01 0 days 1,689 sqft
2023-02-01 0 days 1,778 sqft
2023-03-01 0 days 1,864 sqft
2023-04-01 0 days 1,936 sqft
2023-05-01 0 days 1,689 sqft
2023-06-01 0 days 1,736 sqft
2023-07-01 0 days 1,683 sqft
2023-08-01 0 days 1,775 sqft
2023-09-01 0 days 1,872 sqft
2023-10-01 0 days 1,722 sqft
2023-11-01 0 days 1,812 sqft
2023-12-01 0 days 1,882 sqft
2024-01-01 0 days 1,753 sqft
2024-02-01 0 days 1,782 sqft
Auburn's median listing age (time on market) for 2024-02-01 was 0 days.

Auburn's median square footage for active listings during the 2024-02-01 period was 1,782 sqft. One year prior, the average listing was 1,778 sqft.