Bainbridge USDA Loan Rates, Closing Costs & Stats
Bainbridge, GA
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.
Bainbridge's 4 lenders originated 12 USDA loans during 2023. The total origination value was $2,250,000, with an average USDA loan value of $187,500.
Bainbridge USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Bainbridge
averaged
6.42%
for the week of 2024-11-08, compared to the national average (all USDA variants) of
6.477% for the same period.
Bainbridge's average USDA mortgage closing costs are $4,364.
The average rate for the prior week (2024-11-01) was
6.4% and
one month ago for the week of 2024-10-04, the
average rate was 5.92%.
The average rate one year ago was 7.16%.
For refis of the same type during the week of 2024-11-08, the average rate
was 6.48%.
Bainbridge 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 Bainbridge level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| HOMESTAR FINANCIAL CORPORATION | 5 | 6.48% | $4,214 |
| TOWNE MORTGAGE COMPANY | 4 | 5.78% | $6,080 |
| AMERICAN PACIFIC MORTGAGE CORPORATION | 2 | 6.81% | $9,425 |
| Ameris Bank | 1 | 6.63% | $11,651 |
The top Bainbridge USDA lender as defined by loan originations is HOMESTAR FINANCIAL CORPORATION, with
5 USDA loans originated. Their average total fees are
$4,214, which is $1,866
lower than the next largest lender,
TOWNE MORTGAGE COMPANY.
The lowest fee Bainbridge USDA lenders (with over 10 loans originated) are
.
The lowest rate Bainbridge USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Bainbridge (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 | $162,950 (12.0%) | $187,450 (6.9%) | 0.00 | 103 |
| 2018-02-01 | $159,100 (8.8%) | $177,249 (4.0%) | 0.00 | 101 |
| 2018-03-01 | $154,900 (8.1%) | $173,369 (11.8%) | 0.00 | 105 |
| 2018-04-01 | $159,250 (10.9%) | $186,596 (18.6%) | 0.00 | 109 |
| 2018-05-01 | $162,450 (16.1%) | $191,367 (17.8%) | 0.00 | 111 |
| 2018-06-01 | $165,000 (14.8%) | $192,523 (15.6%) | 0.00 | 111 |
| 2018-07-01 | $165,000 (14.2%) | $207,780 (23.4%) | 0.00 | 114 |
| 2018-08-01 | $166,075 (14.5%) | $205,578 (23.9%) | 0.00 | 114 |
| 2018-09-01 | $169,900 (16.4%) | $214,567 (24.5%) | 0.00 | 113 |
| 2018-10-01 | $161,500 (7.7%) | $209,263 (19.1%) | 0.00 | 120 |
| 2018-11-01 | $165,000 (4.4%) | $219,265 (20.2%) | 0.00 | 101 |
| 2018-12-01 | $174,900 (7.0%) | $224,511 (17.5%) | 0.00 | 96 |
| 2019-01-01 | $174,375 (7.0%) | $224,773 (19.9%) | 0.00 | 79 |
| 2019-02-01 | $172,275 (8.3%) | $229,307 (29.4%) | 0.00 | 72 |
| 2019-03-01 | $172,100 (11.1%) | $229,194 (32.2%) | 0.00 | 66 |
| 2019-04-01 | $176,175 (10.6%) | $232,113 (24.4%) | 0.00 | 65 |
| 2019-05-01 | $180,550 (11.1%) | $249,853 (30.6%) | 0.00 | 58 |
| 2019-06-01 | $174,900 (6.0%) | $239,124 (24.2%) | 0.00 | 57 |
| 2019-07-01 | $174,900 (6.0%) | $226,105 (8.8%) | 0.00 | 66 |
| 2019-08-01 | $176,973 (6.6%) | $231,391 (12.6%) | 0.00 | 66 |
| 2019-09-01 | $180,082 (6.0%) | $238,038 (10.9%) | 0.00 | 64 |
| 2019-10-01 | $182,155 (12.8%) | $241,421 (15.4%) | 0.00 | 65 |
| 2019-11-01 | $181,250 (9.9%) | $241,573 (10.2%) | 0.00 | 64 |
| 2019-12-01 | $186,550 (6.7%) | $244,071 (8.7%) | 0.00 | 66 |
| 2020-01-01 | $199,900 (14.6%) | $266,658 (18.6%) | 0.00 | 79 |
| 2020-02-01 | $218,000 (26.5%) | $258,879 (12.9%) | 0.00 | 64 |
| 2020-03-01 | $188,425 (9.5%) | $221,798 (-3.2%) | 0.00 | 69 |
| 2020-04-01 | $178,675 (1.4%) | $208,673 (-10.1%) | 0.00 | 71 |
| 2020-05-01 | $191,700 (6.2%) | $218,308 (-12.6%) | 0.00 | 61 |
| 2020-06-01 | $189,200 (8.2%) | $212,149 (-11.3%) | 0.00 | 59 |
| 2020-07-01 | $183,650 (5.0%) | $207,052 (-8.4%) | 0.00 | 53 |
| 2020-08-01 | $214,950 (21.5%) | $240,283 (3.8%) | 0.00 | 44 |
| 2020-09-01 | $222,225 (23.4%) | $247,433 (4.0%) | 0.00 | 47 |
| 2020-10-01 | $235,000 (29.0%) | $266,267 (10.3%) | 0.00 | 53 |
| 2020-11-01 | $234,450 (29.4%) | $275,893 (14.2%) | 0.00 | 51 |
| 2020-12-01 | $233,450 (25.1%) | $273,357 (12.0%) | 0.00 | 50 |
| 2021-01-01 | $242,000 (21.1%) | $279,776 (4.9%) | 0.00 | 46 |
| 2021-02-01 | $233,000 (6.9%) | $283,252 (9.4%) | 0.00 | 49 |
| 2021-03-01 | $249,675 (32.5%) | $282,034 (27.2%) | 0.00 | 40 |
| 2021-04-01 | $238,000 (33.2%) | $248,696 (19.2%) | 0.00 | 39 |
| 2021-05-01 | $230,000 (20.0%) | $231,222 (5.9%) | 0.00 | 40 |
| 2021-06-01 | $209,907 (10.9%) | $224,042 (5.6%) | 0.00 | 33 |
| 2021-07-01 | $230,000 (25.2%) | $254,543 (22.9%) | 0.00 | 34 |
| 2021-08-01 | $246,250 (14.6%) | $286,614 (19.3%) | 0.00 | 35 |
| 2021-09-01 | $258,125 (16.2%) | $333,949 (35.0%) | 0.00 | 29 |
| 2021-10-01 | $269,250 (14.6%) | $303,061 (13.8%) | 0.00 | 34 |
| 2021-11-01 | $265,625 (13.3%) | $312,216 (13.2%) | 0.00 | 36 |
| 2021-12-01 | $223,425 (-4.3%) | $306,423 (12.1%) | 0.00 | 38 |
| 2022-01-01 | $267,200 (10.4%) | $311,910 (11.5%) | 0.00 | 30 |
| 2022-02-01 | $284,500 (22.1%) | $313,894 (10.8%) | 0.00 | 28 |
| 2022-03-01 | $229,975 (-7.9%) | $301,090 (6.8%) | 0.00 | 31 |
| 2022-04-01 | $277,000 (16.4%) | $309,376 (24.4%) | 0.00 | 34 |
| 2022-05-01 | $277,250 (20.5%) | $332,557 (43.8%) | 0.00 | 33 |
| 2022-06-01 | $279,900 (33.3%) | $336,378 (50.1%) | 0.00 | 39 |
| 2022-07-01 | $299,950 (30.4%) | $348,226 (36.8%) | 0.00 | 49 |
| 2022-08-01 | $349,000 (41.7%) | $382,278 (33.4%) | 0.00 | 47 |
| 2022-09-01 | $357,000 (38.3%) | $373,868 (12.0%) | 0.00 | 51 |
| 2022-10-01 | $315,000 (17.0%) | $367,032 (21.1%) | 0.00 | 53 |
| 2022-11-01 | $284,725 (7.2%) | $346,115 (10.9%) | 0.00 | 53 |
| 2022-12-01 | $272,450 (21.9%) | $313,036 (2.2%) | 0.00 | 55 |
| 2023-01-01 | $265,950 (-0.5%) | $293,486 (-5.9%) | 0.00 | 48 |
| 2023-02-01 | $264,675 (-7.0%) | $312,211 (-0.5%) | 0.00 | 52 |
| 2023-03-01 | $285,450 (24.1%) | $335,545 (11.4%) | 0.00 | 45 |
| 2023-04-01 | $262,250 (-5.3%) | $325,018 (5.1%) | 0.00 | 57 |
| 2023-05-01 | $279,225 (0.7%) | $347,539 (4.5%) | 0.00 | 53 |
| 2023-06-01 | $294,250 (5.1%) | $352,866 (4.9%) | 0.00 | 55 |
| 2023-07-01 | $279,450 (-6.8%) | $353,712 (1.6%) | 0.00 | 54 |
| 2023-08-01 | $334,925 (-4.0%) | $379,620 (-0.7%) | 0.00 | 52 |
| 2023-09-01 | $319,950 (-10.4%) | $355,346 (-5.0%) | 0.00 | 51 |
| 2023-10-01 | $318,125 (1.0%) | $377,394 (2.8%) | 0.00 | 50 |
| 2023-11-01 | $307,500 (8.0%) | $361,099 (4.3%) | 0.00 | 55 |
| 2023-12-01 | $304,500 (11.8%) | $336,294 (7.4%) | 0.00 | 51 |
| 2024-01-01 | $299,000 (12.4%) | $311,662 (6.2%) | 0.00 | 62 |
| 2024-02-01 | $291,950 (10.3%) | $300,313 (-3.8%) | 0.00 | 63 |
| 2024-03-01 | $254,950 (-10.7%) | $283,700 (-15.5%) | 0.00 | 56 |
| 2024-04-01 | $254,675 (-2.9%) | $282,574 (-13.1%) | 0.00 | 59 |
| 2024-05-01 | $232,400 (-16.8%) | $259,690 (-25.3%) | 0.00 | 67 |
| 2024-06-01 | $232,900 (-20.9%) | $275,168 (-22.0%) | 0.00 | 67 |
| 2024-07-01 | $261,813 (-6.3%) | $285,544 (-19.3%) | 0.00 | 62 |
| 2024-08-01 | $255,000 (-23.9%) | $286,934 (-24.4%) | 0.00 | 58 |
| 2024-09-01 | $252,700 (-21.0%) | $293,319 (-17.5%) | 0.00 | 62 |
| 2024-10-01 | $287,850 (-9.5%) | $319,638 (-15.3%) | 0.00 | 60 |
Bainbridge's median listing price comes in at 0% of the national average.
Bainbridge's average listing price for 2024-10-01 was $319,638, a difference of $-57,756 (-15.3%) versus the prior year and $26,319 versus the prior month.
For the 2024-10-01 period, Bainbridge had 60 MLS listings, a difference of -2 listings (-3%) versus the prior month and 10 listings (20%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bainbridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,966 sqft |
| 2018-02-01 | 0 days | 1,949 sqft |
| 2018-03-01 | 0 days | 1,880 sqft |
| 2018-04-01 | 0 days | 1,931 sqft |
| 2018-05-01 | 0 days | 1,936 sqft |
| 2018-06-01 | 0 days | 2,000 sqft |
| 2018-07-01 | 0 days | 2,089 sqft |
| 2018-08-01 | 0 days | 2,039 sqft |
| 2018-09-01 | 0 days | 1,994 sqft |
| 2018-10-01 | 0 days | 1,964 sqft |
| 2018-11-01 | 0 days | 1,981 sqft |
| 2018-12-01 | 0 days | 1,977 sqft |
| 2019-01-01 | 0 days | 1,961 sqft |
| 2019-02-01 | 0 days | 2,000 sqft |
| 2019-03-01 | 0 days | 2,020 sqft |
| 2019-04-01 | 0 days | 2,081 sqft |
| 2019-05-01 | 0 days | 2,195 sqft |
| 2019-06-01 | 0 days | 2,188 sqft |
| 2019-07-01 | 0 days | 2,000 sqft |
| 2019-08-01 | 0 days | 2,086 sqft |
| 2019-09-01 | 0 days | 2,214 sqft |
| 2019-10-01 | 0 days | 2,236 sqft |
| 2019-11-01 | 0 days | 2,134 sqft |
| 2019-12-01 | 0 days | 2,107 sqft |
| 2020-01-01 | 0 days | 2,257 sqft |
| 2020-02-01 | 0 days | 2,326 sqft |
| 2020-03-01 | 0 days | 2,057 sqft |
| 2020-04-01 | 0 days | 2,040 sqft |
| 2020-05-01 | 0 days | 2,031 sqft |
| 2020-06-01 | 0 days | 2,049 sqft |
| 2020-07-01 | 0 days | 2,000 sqft |
| 2020-08-01 | 0 days | 2,252 sqft |
| 2020-09-01 | 0 days | 2,239 sqft |
| 2020-10-01 | 0 days | 2,263 sqft |
| 2020-11-01 | 0 days | 2,397 sqft |
| 2020-12-01 | 0 days | 2,373 sqft |
| 2021-01-01 | 0 days | 2,376 sqft |
| 2021-02-01 | 0 days | 2,239 sqft |
| 2021-03-01 | 0 days | 2,150 sqft |
| 2021-04-01 | 0 days | 1,952 sqft |
| 2021-05-01 | 0 days | 1,855 sqft |
| 2021-06-01 | 0 days | 1,806 sqft |
| 2021-07-01 | 0 days | 1,873 sqft |
| 2021-08-01 | 0 days | 1,958 sqft |
| 2021-09-01 | 0 days | 2,295 sqft |
| 2021-10-01 | 0 days | 1,994 sqft |
| 2021-11-01 | 0 days | 2,222 sqft |
| 2021-12-01 | 0 days | 2,155 sqft |
| 2022-01-01 | 0 days | 2,183 sqft |
| 2022-02-01 | 0 days | 2,166 sqft |
| 2022-03-01 | 0 days | 1,891 sqft |
| 2022-04-01 | 0 days | 2,048 sqft |
| 2022-05-01 | 0 days | 2,060 sqft |
| 2022-06-01 | 0 days | 1,929 sqft |
| 2022-07-01 | 0 days | 2,128 sqft |
| 2022-08-01 | 0 days | 2,189 sqft |
| 2022-09-01 | 0 days | 2,188 sqft |
| 2022-10-01 | 0 days | 2,128 sqft |
| 2022-11-01 | 0 days | 1,965 sqft |
| 2022-12-01 | 0 days | 1,892 sqft |
| 2023-01-01 | 0 days | 1,883 sqft |
| 2023-02-01 | 0 days | 1,907 sqft |
| 2023-03-01 | 0 days | 1,955 sqft |
| 2023-04-01 | 0 days | 1,806 sqft |
| 2023-05-01 | 0 days | 2,016 sqft |
| 2023-06-01 | 0 days | 2,164 sqft |
| 2023-07-01 | 0 days | 2,012 sqft |
| 2023-08-01 | 0 days | 2,136 sqft |
| 2023-09-01 | 0 days | 2,374 sqft |
| 2023-10-01 | 0 days | 2,282 sqft |
| 2023-11-01 | 0 days | 2,327 sqft |
| 2023-12-01 | 0 days | 2,182 sqft |
| 2024-01-01 | 0 days | 1,995 sqft |
| 2024-02-01 | 0 days | 2,003 sqft |
| 2024-03-01 | 0 days | 1,921 sqft |
| 2024-04-01 | 0 days | 1,809 sqft |
| 2024-05-01 | 0 days | 1,626 sqft |
| 2024-06-01 | 0 days | 1,652 sqft |
| 2024-07-01 | 0 days | 1,841 sqft |
| 2024-08-01 | 0 days | 1,725 sqft |
| 2024-09-01 | 0 days | 1,733 sqft |
| 2024-10-01 | 0 days | 1,917 sqft |
Bainbridge's median square footage for active listings during the 2024-10-01 period was 1,917 sqft. One year prior, the average listing was 2,282 sqft.