Augusta USDA Loan Rates, Closing Costs & Stats

AUGUSTA-RICHMOND COUNTY, GA-SC

  • JUMP TO:
  • Trends
  • Rates vs Fees
  • Top Lenders
  • Markets
  • Market Conditions & Pricing
  • Time on Market/Property Size

    • 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.

    Augusta's 33 lenders originated 94 USDA loans during 2024. The total origination value was $20,640,000, with an average USDA loan value of $219,574.

    Augusta USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Augusta averaged 6.17% for the week of 2025-05-23, compared to the national average (all USDA variants) of 6.433% for the same period.

    Augusta's average USDA mortgage closing costs are $5,333.

    The average rate for the prior week (2025-05-16) was 6.2% and one month ago for the week of 2025-04-18, the average rate was 6.19%.

    The average rate one year ago was 6.55%.

    For refis of the same type during the week of 2025-05-23, the average rate was 5.88%.

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

    Augusta 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 Augusta level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    DHI MORTGAGE COMPANY, LTD. 15 5.13% $4,766
    GUILD MORTGAGE COMPANY 12 6.37% $8,122
    Security Federal Bank 8 6.06% $7,489
    Assurance Financial Group, L.L.C. 6 6.25% $6,774
    Queensborough National Bank & Trust Company 4 6.09% $7,572
    UNITED WHOLESALE MORTGAGE, LLC 4 6.12% $7,456
    First Heritage Mortgage, LLC 4 6.38% $8,358
    South State Bank 3 6.04% $6,730
    FBC MORTGAGE, LLC 3 5.04% $7,243
    UNION HOME MORTGAGE CORP. 3 5.71% $11,376
    CARDINAL FINANCIAL 3 6.21% $7,178
    Paramount Residential Mortgage Group, Inc. 2 6.38% $8,153
    BancorpSouth 2 6.13% $6,009
    BROKER SOLUTIONS, INC. 2 5.87% $10,783
    TOWNE MORTGAGE COMPANY 2 5.88% $8,463
    Regions Bank 1 5.50% $9,345
    Renasant Bank 1 7.13% $3,843
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.25% $7,065
    SUN WEST MORTGAGE COMPANY, INC. 1 6.25% $10,787
    Synovus Bank 1 6.50% $8,737
    T2 FINANCIAL LLC 1 6.63% $10,723
    CALCON MUTUAL MORTGAGE LLC 1 6.49% $11,322
    VANDERBILT MORTGAGE AND FINANCE, INC. 1 6.50% $5,786
    Century Mortgage Company DBA Century Lending Company 1 6.75% $4,604
    CROSSCOUNTRY MORTGAGE, LLC 1 5.99% $8,519
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $8,954
    FIRST CHOICE MORTGAGE, INC. 1 6.38% $3,079
    First Community Bank 1 6.75% $6,018
    Flagstar Bank, FSB 1 6.38% $3,079
    GUARANTEED RATE, INC. 1 7.20% $5,262
    Mortgage Research Center, LLC 1 6.75% $6,943
    MOVEMENT MORTGAGE, LLC 1 6.50% $12,549
    Plains Commerce Bank 1 7.25% $9,541

    The top Augusta USDA lender as defined by loan originations is DHI MORTGAGE COMPANY, LTD., with 15 USDA loans originated. Their average total fees are $4,766, which is $3,355 lower than the next largest lender, GUILD MORTGAGE COMPANY.

    The lowest fee Augusta USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($4,766), GUILD MORTGAGE COMPANY ($8,122), .

    The lowest rate Augusta USDA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.13%), GUILD MORTGAGE COMPANY (6.37%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Augusta (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 $219,000 (9.6%) $273,886 (7.6%) 0.81 2,496
    2018-02-01 $221,620 (8.1%) $280,935 (9.3%) 0.80 2,499
    2018-03-01 $224,900 (7.6%) $286,253 (9.9%) 0.79 2,443
    2018-04-01 $228,450 (8.8%) $289,163 (9.5%) 0.77 2,450
    2018-05-01 $230,063 (5.8%) $292,658 (7.7%) 0.77 2,463
    2018-06-01 $229,000 (5.9%) $291,560 (6.8%) 0.76 2,443
    2018-07-01 $224,950 (4.6%) $287,153 (6.5%) 0.75 2,490
    2018-08-01 $219,900 (2.3%) $282,511 (5.0%) 0.74 2,493
    2018-09-01 $218,450 (0.7%) $278,832 (3.6%) 0.73 2,563
    2018-10-01 $219,250 (2.0%) $275,085 (2.6%) 0.74 2,564
    2018-11-01 $218,610 (0.5%) $272,379 (0.0%) 0.74 2,545
    2018-12-01 $215,000 (-0.4%) $277,667 (2.1%) 0.74 2,468
    2019-01-01 $215,000 (-1.8%) $278,868 (1.8%) 0.74 2,372
    2019-02-01 $217,000 (-2.1%) $282,083 (0.4%) 0.73 2,337
    2019-03-01 $223,800 (-0.5%) $287,654 (0.5%) 0.73 2,273
    2019-04-01 $229,750 (0.6%) $293,673 (1.6%) 0.73 2,243
    2019-05-01 $230,000 (0.0%) $296,445 (1.3%) 0.72 2,264
    2019-06-01 $234,900 (2.6%) $299,046 (2.6%) 0.73 2,200
    2019-07-01 $235,675 (4.8%) $303,943 (5.9%) 0.74 2,240
    2019-08-01 $234,195 (6.5%) $297,491 (5.3%) 0.74 2,243
    2019-09-01 $233,138 (6.7%) $297,628 (6.7%) 0.75 2,208
    2019-10-01 $233,170 (6.4%) $297,695 (8.2%) 0.75 2,184
    2019-11-01 $229,000 (4.8%) $295,293 (8.4%) 0.75 2,107
    2019-12-01 $229,450 (6.7%) $292,969 (5.5%) 0.77 2,015
    2020-01-01 $229,918 (6.9%) $299,294 (7.3%) 0.77 1,879
    2020-02-01 $232,600 (7.2%) $306,976 (8.8%) 0.76 1,792
    2020-03-01 $236,545 (5.7%) $307,441 (6.9%) 0.74 1,764
    2020-04-01 $244,651 (6.5%) $315,731 (7.5%) 0.77 1,748
    2020-05-01 $249,900 (8.7%) $325,612 (9.8%) 0.76 1,575
    2020-06-01 $254,950 (8.5%) $338,343 (13.1%) 0.75 1,368
    2020-07-01 $250,200 (6.2%) $339,139 (11.6%) 0.73 1,326
    2020-08-01 $259,000 (10.6%) $343,693 (15.5%) 0.74 1,258
    2020-09-01 $264,900 (13.6%) $350,327 (17.7%) 0.76 1,159
    2020-10-01 $262,690 (12.7%) $345,195 (16.0%) 0.75 1,179
    2020-11-01 $249,995 (9.2%) $360,987 (22.3%) 0.73 1,060
    2020-12-01 $251,892 (9.8%) $358,199 (22.3%) 0.75 1,027
    2021-01-01 $259,000 (12.7%) $358,350 (19.7%) 0.77 943
    2021-02-01 $259,850 (11.7%) $376,888 (22.8%) 0.76 794
    2021-03-01 $262,500 (11.0%) $390,776 (27.1%) 0.74 714
    2021-04-01 $275,424 (12.6%) $413,999 (31.1%) 0.75 673
    2021-05-01 $290,285 (16.2%) $411,767 (26.5%) 0.77 731
    2021-06-01 $287,675 (12.8%) $404,471 (19.5%) 0.76 801
    2021-07-01 $289,900 (15.9%) $395,724 (16.7%) 0.76 863
    2021-08-01 $284,900 (10.0%) $377,326 (9.8%) 0.76 945
    2021-09-01 $285,250 (7.7%) $372,184 (6.2%) 0.76 971
    2021-10-01 $279,900 (6.6%) $363,819 (5.4%) 0.75 996
    2021-11-01 $287,225 (14.9%) $365,587 (1.3%) 0.77 956
    2021-12-01 $280,675 (11.4%) $357,197 (-0.3%) 0.76 856
    2022-01-01 $281,670 (8.8%) $356,746 (-0.5%) 0.76 733
    2022-02-01 $284,900 (9.6%) $355,528 (-5.7%) 0.74 626
    2022-03-01 $281,503 (7.2%) $358,846 (-8.2%) 0.70 635
    2022-04-01 $290,000 (5.3%) $362,661 (-12.4%) 0.69 723
    2022-05-01 $307,370 (5.9%) $373,738 (-9.2%) 0.70 955
    2022-06-01 $313,915 (9.1%) $377,375 (-6.7%) 0.70 1,089
    2022-07-01 $315,000 (8.7%) $371,292 (-6.2%) 0.71 1,272
    2022-08-01 $313,869 (10.2%) $370,028 (-1.9%) 0.73 1,361
    2022-09-01 $312,989 (9.7%) $368,660 (-1.0%) 0.73 1,358
    2022-10-01 $312,900 (11.8%) $365,109 (0.4%) 0.74 1,522
    2022-11-01 $319,800 (11.3%) $369,405 (1.0%) 0.77 1,638
    2022-12-01 $319,700 (13.9%) $368,455 (3.2%) 0.79 1,647
    2023-01-01 $324,200 (15.1%) $379,091 (6.3%) 0.80 1,571
    2023-02-01 $329,900 (15.8%) $385,641 (8.5%) 0.80 1,400
    2023-03-01 $320,080 (13.7%) $384,587 (7.2%) 0.75 1,360
    2023-04-01 $315,000 (8.6%) $383,794 (5.8%) 0.73 1,367
    2023-05-01 $316,250 (2.9%) $385,697 (3.2%) 0.72 1,380
    2023-06-01 $317,175 (1.0%) $391,524 (3.8%) 0.71 1,407
    2023-07-01 $309,900 (-1.6%) $377,758 (1.7%) 0.70 1,504
    2023-08-01 $299,950 (-4.4%) $368,204 (-0.5%) 0.69 1,587
    2023-09-01 $301,795 (-3.6%) $370,013 (0.4%) 0.70 1,638
    2023-10-01 $309,950 (-0.9%) $373,721 (2.4%) 0.73 1,761
    2023-11-01 $309,900 (-3.1%) $372,855 (0.9%) 0.74 1,853
    2023-12-01 $309,900 (-3.1%) $369,372 (0.3%) 0.76 1,832
    2024-01-01 $309,900 (-4.4%) $364,830 (-3.8%) 0.76 1,800
    2024-02-01 $307,918 (-6.7%) $359,760 (-6.7%) 0.74 1,740
    2024-03-01 $303,600 (-5.2%) $358,205 (-6.9%) 0.71 1,832
    2024-04-01 $304,375 (-3.4%) $364,330 (-5.1%) 0.71 1,788
    2024-05-01 $309,350 (-2.2%) $374,705 (-2.9%) 0.70 1,837
    2024-06-01 $311,300 (-1.9%) $376,393 (-3.9%) 0.71 1,909
    2024-07-01 $311,958 (0.7%) $380,317 (0.7%) 0.71 1,994
    2024-08-01 $310,000 (3.4%) $373,264 (1.4%) 0.72 2,073
    2024-09-01 $307,700 (2.0%) $372,903 (0.8%) 0.72 2,173
    2024-10-01 $305,905 (-1.3%) $373,494 (-0.1%) 0.72 2,088
    2024-11-01 $300,000 (-3.2%) $372,686 (-0.1%) 0.72 1,948
    2024-12-01 $304,900 (-1.6%) $376,538 (1.9%) 0.76 1,867
    2025-01-01 $307,838 (-0.7%) $382,009 (4.7%) 0.77 1,826
    2025-02-01 $309,900 (0.6%) $382,333 (6.3%) 0.75 1,837
    2025-03-01 $320,000 (5.4%) $397,859 (11.1%) 0.75 1,886
    2025-04-01 $329,950 (8.4%) $404,882 (11.1%) 0.77 1,967
    Augusta's median listing price for 2025-04-01 was $329,950, a difference of $25,575 (8.4%) versus the prior year and $9,950 versus the prior month.

    Augusta's median listing price comes in at 77% of the national average.

    Augusta's average listing price for 2025-04-01 was $404,882, a difference of $40,552 (11.1%) versus the prior year and $7,023 versus the prior month.

    For the 2025-04-01 period, Augusta had 1,967 MLS listings, a difference of 81 listings (4%) versus the prior month and 179 listings (10%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Augusta (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 93 days 2,190 sqft
    2018-02-01 87 days 2,223 sqft
    2018-03-01 67 days 2,242 sqft
    2018-04-01 65 days 2,271 sqft
    2018-05-01 60 days 2,300 sqft
    2018-06-01 61 days 2,299 sqft
    2018-07-01 66 days 2,255 sqft
    2018-08-01 71 days 2,200 sqft
    2018-09-01 74 days 2,174 sqft
    2018-10-01 76 days 2,174 sqft
    2018-11-01 79 days 2,131 sqft
    2018-12-01 85 days 2,106 sqft
    2019-01-01 94 days 2,103 sqft
    2019-02-01 90 days 2,113 sqft
    2019-03-01 74 days 2,174 sqft
    2019-04-01 59 days 2,228 sqft
    2019-05-01 54 days 2,238 sqft
    2019-06-01 53 days 2,250 sqft
    2019-07-01 55 days 2,245 sqft
    2019-08-01 61 days 2,230 sqft
    2019-09-01 68 days 2,239 sqft
    2019-10-01 75 days 2,248 sqft
    2019-11-01 79 days 2,210 sqft
    2019-12-01 87 days 2,210 sqft
    2020-01-01 89 days 2,205 sqft
    2020-02-01 82 days 2,203 sqft
    2020-03-01 62 days 2,232 sqft
    2020-04-01 63 days 2,280 sqft
    2020-05-01 72 days 2,285 sqft
    2020-06-01 73 days 2,293 sqft
    2020-07-01 61 days 2,284 sqft
    2020-08-01 50 days 2,294 sqft
    2020-09-01 51 days 2,304 sqft
    2020-10-01 51 days 2,156 sqft
    2020-11-01 51 days 2,219 sqft
    2020-12-01 53 days 2,263 sqft
    2021-01-01 55 days 2,250 sqft
    2021-02-01 53 days 2,234 sqft
    2021-03-01 38 days 2,197 sqft
    2021-04-01 32 days 2,221 sqft
    2021-05-01 28 days 2,272 sqft
    2021-06-01 30 days 2,254 sqft
    2021-07-01 31 days 2,188 sqft
    2021-08-01 32 days 2,147 sqft
    2021-09-01 38 days 2,149 sqft
    2021-10-01 45 days 2,119 sqft
    2021-11-01 45 days 2,159 sqft
    2021-12-01 52 days 2,156 sqft
    2022-01-01 54 days 2,156 sqft
    2022-02-01 42 days 2,098 sqft
    2022-03-01 33 days 2,051 sqft
    2022-04-01 31 days 2,085 sqft
    2022-05-01 32 days 2,103 sqft
    2022-06-01 38 days 2,113 sqft
    2022-07-01 40 days 2,103 sqft
    2022-08-01 46 days 2,106 sqft
    2022-09-01 49 days 2,103 sqft
    2022-10-01 50 days 2,100 sqft
    2022-11-01 56 days 2,153 sqft
    2022-12-01 70 days 2,158 sqft
    2023-01-01 79 days 2,160 sqft
    2023-02-01 81 days 2,161 sqft
    2023-03-01 65 days 2,136 sqft
    2023-04-01 48 days 2,112 sqft
    2023-05-01 48 days 2,137 sqft
    2023-06-01 47 days 2,121 sqft
    2023-07-01 45 days 2,095 sqft
    2023-08-01 47 days 2,025 sqft
    2023-09-01 52 days 2,033 sqft
    2023-10-01 54 days 2,079 sqft
    2023-11-01 57 days 2,062 sqft
    2023-12-01 66 days 2,046 sqft
    2024-01-01 77 days 2,027 sqft
    2024-02-01 70 days 2,013 sqft
    2024-03-01 56 days 2,013 sqft
    2024-04-01 53 days 2,011 sqft
    2024-05-01 52 days 2,031 sqft
    2024-06-01 52 days 2,069 sqft
    2024-07-01 58 days 2,070 sqft
    2024-08-01 58 days 2,066 sqft
    2024-09-01 58 days 2,027 sqft
    2024-10-01 73 days 2,014 sqft
    2024-11-01 80 days 1,987 sqft
    2024-12-01 84 days 1,977 sqft
    2025-01-01 79 days 1,980 sqft
    2025-02-01 74 days 1,980 sqft
    2025-03-01 59 days 2,020 sqft
    2025-04-01 57 days 2,046 sqft
    Augusta's median listing age (time on market) for 2025-04-01 was 57 days. This is 8% longer than the same period one year ago.

    Augusta's median square footage for active listings during the 2025-04-01 period was 2,046 sqft. One year prior, the average listing was 2,011 sqft.