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 6.32% for the week of 2024-03-22, compared to the national average (all USDA variants) of 6.674% for the same period.

Bainbridge's average USDA mortgage closing costs are $4,364.

The average rate for the prior week (2024-03-15) was 6.44% and one month ago for the week of 2024-02-16, the average rate was 6.53%.

The average rate one year ago was 6.12%.

For refis of the same type during the week of 2024-03-22, the average rate was 6.77%.

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

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
Bainbridge's median listing price for 2024-02-01 was $291,950, a difference of $27,275 (10.3%) versus the prior year and $-7,050 versus the prior month.

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

Bainbridge's average listing price for 2024-02-01 was $300,313, a difference of $-11,898 (-3.8%) versus the prior year and $-11,349 versus the prior month.

For the 2024-02-01 period, Bainbridge had 63 MLS listings, a difference of 1 listings (2%) versus the prior month and 11 listings (21%) 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
Bainbridge's median listing age (time on market) for 2024-02-01 was 0 days.

Bainbridge's median square footage for active listings during the 2024-02-01 period was 2,003 sqft. One year prior, the average listing was 1,907 sqft.