Bardstown USDA Loan Rates, Closing Costs & Stats
Bardstown, KY
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.
Bardstown's 19 lenders originated 45 USDA loans during 2023. The total origination value was $9,015,000, with an average USDA loan value of $200,333.
Bardstown USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Bardstown
averaged
6.65%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Bardstown's average USDA mortgage closing costs are $4,598.
The average rate for the prior week (2024-04-12) was
6.9% and
one month ago for the week of 2024-03-15, the
average rate was 6.48%.
The average rate one year ago was 6.42%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
Bardstown 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 Bardstown level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Magnolia Bank | 7 | 6.64% | $5,787 |
| UNITED WHOLESALE MORTGAGE, LLC | 5 | 6.35% | $7,288 |
| Citizens Bank | 4 | 7.00% | $5,390 |
| STOCKTON MORTGAGE CORPORATION | 4 | 7.22% | $7,093 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 3 | 6.33% | $8,423 |
| Northpointe Bank | 3 | 6.42% | $5,972 |
| Century Mortgage Company DBA Century Lending Company | 3 | 6.42% | $7,072 |
| HOMESIDE FINANCIAL, LLC | 2 | 7.00% | $4,224 |
| INTERLINC MORTGAGE SERVICES, LLC | 2 | 6.75% | $7,155 |
| BROKER SOLUTIONS, INC. | 1 | 7.10% | $7,216 |
| CALIBER HOME LOANS, INC. | 1 | 7.25% | $5,685 |
| FREEDOM MORTGAGE CORPORATION | 1 | 7.25% | $5,505 |
| MID AMERICA MORTGAGE, INC. | 1 | 6.50% | $8,307 |
| FIRST COMMUNITY MORTGAGE, INC. | 1 | 6.88% | $9,993 |
| PLAZA HOME MORTGAGE, INC. | 1 | 6.50% | $7,259 |
| Fifth Third Bank | 1 | 6.75% | $5,999 |
| Stock Yards Bank & Trust Company | 1 | 6.75% | $5,051 |
| UNION HOME MORTGAGE CORP. | 1 | 7.50% | $3,890 |
| German American Bank | 1 | 5.75% | $9,024 |
The top Bardstown USDA lender as defined by loan originations is Magnolia Bank, with
7 USDA loans originated. Their average total fees are
$5,787, which is $1,501
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee Bardstown USDA lenders (with over 10 loans originated) are
.
The lowest rate Bardstown USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Bardstown (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 | $185,000 (6.4%) | $218,108 (0.0%) | 0.00 | 154 |
| 2018-02-01 | $183,900 (7.4%) | $213,216 (-0.7%) | 0.00 | 156 |
| 2018-03-01 | $199,900 (12.7%) | $235,839 (6.2%) | 0.00 | 140 |
| 2018-04-01 | $199,923 (7.5%) | $238,378 (0.5%) | 0.00 | 143 |
| 2018-05-01 | $199,900 (5.5%) | $242,985 (6.0%) | 0.00 | 142 |
| 2018-06-01 | $205,000 (13.9%) | $248,361 (7.9%) | 0.00 | 159 |
| 2018-07-01 | $216,200 (5.5%) | $249,654 (7.9%) | 0.00 | 159 |
| 2018-08-01 | $219,900 (10.2%) | $254,819 (15.1%) | 0.00 | 165 |
| 2018-09-01 | $217,450 (7.4%) | $241,761 (8.8%) | 0.00 | 163 |
| 2018-10-01 | $194,825 (1.2%) | $232,945 (3.1%) | 0.00 | 168 |
| 2018-11-01 | $184,950 (-0.9%) | $230,306 (0.9%) | 0.00 | 171 |
| 2018-12-01 | $179,900 (-3.8%) | $224,743 (-0.8%) | 0.00 | 173 |
| 2019-01-01 | $182,325 (-1.5%) | $223,496 (2.5%) | 0.00 | 180 |
| 2019-02-01 | $195,650 (6.4%) | $240,171 (12.6%) | 0.00 | 167 |
| 2019-03-01 | $204,329 (2.2%) | $246,556 (4.5%) | 0.00 | 158 |
| 2019-04-01 | $204,829 (2.5%) | $248,298 (4.2%) | 0.00 | 154 |
| 2019-05-01 | $215,925 (8.0%) | $252,700 (4.0%) | 0.00 | 154 |
| 2019-06-01 | $214,500 (4.6%) | $247,552 (-0.3%) | 0.00 | 172 |
| 2019-07-01 | $208,950 (-3.4%) | $241,916 (-3.1%) | 0.00 | 171 |
| 2019-08-01 | $203,209 (-7.6%) | $230,690 (-9.5%) | 0.00 | 173 |
| 2019-09-01 | $190,098 (-12.6%) | $220,780 (-8.7%) | 0.00 | 173 |
| 2019-10-01 | $179,975 (-7.6%) | $217,999 (-6.4%) | 0.00 | 176 |
| 2019-11-01 | $179,900 (-2.7%) | $229,262 (-0.5%) | 0.00 | 178 |
| 2019-12-01 | $172,900 (-3.9%) | $223,165 (-0.7%) | 0.00 | 167 |
| 2020-01-01 | $174,950 (-4.0%) | $223,081 (-0.2%) | 0.00 | 151 |
| 2020-02-01 | $175,950 (-10.1%) | $233,365 (-2.8%) | 0.00 | 126 |
| 2020-03-01 | $182,625 (-10.6%) | $236,968 (-3.9%) | 0.00 | 130 |
| 2020-04-01 | $196,250 (-4.2%) | $243,648 (-1.9%) | 0.00 | 121 |
| 2020-05-01 | $221,050 (2.4%) | $253,062 (0.1%) | 0.00 | 109 |
| 2020-06-01 | $235,000 (9.6%) | $276,388 (11.7%) | 0.00 | 96 |
| 2020-07-01 | $262,175 (25.5%) | $292,252 (20.8%) | 0.00 | 79 |
| 2020-08-01 | $279,000 (37.3%) | $301,157 (30.6%) | 0.00 | 71 |
| 2020-09-01 | $267,925 (40.9%) | $317,529 (43.8%) | 0.00 | 72 |
| 2020-10-01 | $264,225 (46.8%) | $308,883 (41.7%) | 0.00 | 80 |
| 2020-11-01 | $245,000 (36.2%) | $278,864 (21.6%) | 0.00 | 88 |
| 2020-12-01 | $244,925 (41.7%) | $272,331 (22.0%) | 0.00 | 84 |
| 2021-01-01 | $239,000 (36.6%) | $264,290 (18.5%) | 0.00 | 75 |
| 2021-02-01 | $239,900 (36.4%) | $273,775 (17.3%) | 0.00 | 49 |
| 2021-03-01 | $235,550 (29.0%) | $307,844 (29.9%) | 0.00 | 39 |
| 2021-04-01 | $228,200 (16.3%) | $377,638 (55.0%) | 0.00 | 36 |
| 2021-05-01 | $292,500 (32.3%) | $461,132 (82.2%) | 0.00 | 31 |
| 2021-06-01 | $270,950 (15.3%) | $378,177 (36.8%) | 0.00 | 49 |
| 2021-07-01 | $285,000 (8.7%) | $374,791 (28.2%) | 0.00 | 63 |
| 2021-08-01 | $258,175 (-7.5%) | $327,870 (8.9%) | 0.00 | 86 |
| 2021-09-01 | $272,400 (1.7%) | $345,269 (8.7%) | 0.00 | 87 |
| 2021-10-01 | $269,950 (2.2%) | $334,001 (8.1%) | 0.00 | 91 |
| 2021-11-01 | $272,475 (11.2%) | $335,734 (20.4%) | 0.00 | 94 |
| 2021-12-01 | $267,475 (9.2%) | $341,466 (25.4%) | 0.00 | 83 |
| 2022-01-01 | $299,900 (25.5%) | $364,973 (38.1%) | 0.00 | 69 |
| 2022-02-01 | $289,975 (20.9%) | $351,132 (28.3%) | 0.00 | 58 |
| 2022-03-01 | $309,838 (31.5%) | $364,567 (18.4%) | 0.00 | 54 |
| 2022-04-01 | $349,900 (53.3%) | $386,651 (2.4%) | 0.00 | 53 |
| 2022-05-01 | $299,950 (2.6%) | $358,312 (-22.3%) | 0.00 | 83 |
| 2022-06-01 | $289,950 (7.0%) | $334,909 (-11.4%) | 0.00 | 98 |
| 2022-07-01 | $289,950 (1.7%) | $317,690 (-15.2%) | 0.00 | 134 |
| 2022-08-01 | $287,425 (11.3%) | $319,366 (-2.6%) | 0.00 | 152 |
| 2022-09-01 | $293,700 (7.8%) | $322,986 (-6.5%) | 0.00 | 152 |
| 2022-10-01 | $289,000 (7.1%) | $316,637 (-5.2%) | 0.00 | 171 |
| 2022-11-01 | $284,950 (4.6%) | $307,077 (-8.5%) | 0.00 | 169 |
| 2022-12-01 | $284,950 (6.5%) | $306,204 (-10.3%) | 0.00 | 142 |
| 2023-01-01 | $291,200 (-2.9%) | $328,656 (-10.0%) | 0.00 | 125 |
| 2023-02-01 | $289,938 (0.0%) | $326,933 (-6.9%) | 0.00 | 116 |
| 2023-03-01 | $289,938 (-6.4%) | $321,845 (-11.7%) | 0.00 | 112 |
| 2023-04-01 | $285,425 (-18.4%) | $325,561 (-15.8%) | 0.00 | 101 |
| 2023-05-01 | $289,950 (-3.3%) | $351,470 (-1.9%) | 0.00 | 110 |
| 2023-06-01 | $289,950 (0.0%) | $338,478 (1.1%) | 0.00 | 120 |
| 2023-07-01 | $289,950 (0.0%) | $336,983 (6.1%) | 0.00 | 98 |
| 2023-08-01 | $297,450 (3.5%) | $328,319 (2.8%) | 0.00 | 105 |
| 2023-09-01 | $314,900 (7.2%) | $338,991 (5.0%) | 0.00 | 114 |
| 2023-10-01 | $324,963 (12.4%) | $345,992 (9.3%) | 0.00 | 126 |
| 2023-11-01 | $309,988 (8.8%) | $342,425 (11.5%) | 0.00 | 132 |
| 2023-12-01 | $305,000 (7.0%) | $357,400 (16.7%) | 0.00 | 145 |
| 2024-01-01 | $308,675 (6.0%) | $362,872 (10.4%) | 0.00 | 132 |
| 2024-02-01 | $306,175 (5.6%) | $364,932 (11.6%) | 0.00 | 134 |
| 2024-03-01 | $314,900 (8.6%) | $348,803 (8.4%) | 0.00 | 116 |
Bardstown's median listing price comes in at 0% of the national average.
Bardstown's average listing price for 2024-03-01 was $348,803, a difference of $26,958 (8.4%) versus the prior year and $-16,129 versus the prior month.
For the 2024-03-01 period, Bardstown had 116 MLS listings, a difference of -18 listings (-13%) versus the prior month and 4 listings (4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bardstown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,767 sqft |
| 2018-02-01 | 0 days | 1,677 sqft |
| 2018-03-01 | 0 days | 1,760 sqft |
| 2018-04-01 | 0 days | 1,787 sqft |
| 2018-05-01 | 0 days | 1,751 sqft |
| 2018-06-01 | 0 days | 1,792 sqft |
| 2018-07-01 | 0 days | 1,927 sqft |
| 2018-08-01 | 0 days | 1,934 sqft |
| 2018-09-01 | 0 days | 1,795 sqft |
| 2018-10-01 | 0 days | 1,689 sqft |
| 2018-11-01 | 0 days | 1,637 sqft |
| 2018-12-01 | 0 days | 1,558 sqft |
| 2019-01-01 | 0 days | 1,550 sqft |
| 2019-02-01 | 0 days | 1,669 sqft |
| 2019-03-01 | 0 days | 1,689 sqft |
| 2019-04-01 | 0 days | 1,683 sqft |
| 2019-05-01 | 0 days | 1,785 sqft |
| 2019-06-01 | 0 days | 1,800 sqft |
| 2019-07-01 | 0 days | 1,797 sqft |
| 2019-08-01 | 0 days | 1,686 sqft |
| 2019-09-01 | 0 days | 1,536 sqft |
| 2019-10-01 | 0 days | 1,442 sqft |
| 2019-11-01 | 0 days | 1,478 sqft |
| 2019-12-01 | 0 days | 1,400 sqft |
| 2020-01-01 | 0 days | 1,400 sqft |
| 2020-02-01 | 0 days | 1,500 sqft |
| 2020-03-01 | 0 days | 1,620 sqft |
| 2020-04-01 | 0 days | 1,651 sqft |
| 2020-05-01 | 0 days | 1,745 sqft |
| 2020-06-01 | 0 days | 1,794 sqft |
| 2020-07-01 | 0 days | 1,864 sqft |
| 2020-08-01 | 0 days | 1,869 sqft |
| 2020-09-01 | 0 days | 1,900 sqft |
| 2020-10-01 | 0 days | 1,748 sqft |
| 2020-11-01 | 0 days | 1,671 sqft |
| 2020-12-01 | 0 days | 1,653 sqft |
| 2021-01-01 | 0 days | 1,659 sqft |
| 2021-02-01 | 0 days | 1,731 sqft |
| 2021-03-01 | 0 days | 1,841 sqft |
| 2021-04-01 | 0 days | 1,825 sqft |
| 2021-05-01 | 0 days | 2,168 sqft |
| 2021-06-01 | 0 days | 1,884 sqft |
| 2021-07-01 | 0 days | 1,805 sqft |
| 2021-08-01 | 0 days | 1,751 sqft |
| 2021-09-01 | 0 days | 1,773 sqft |
| 2021-10-01 | 0 days | 1,800 sqft |
| 2021-11-01 | 0 days | 1,764 sqft |
| 2021-12-01 | 0 days | 1,728 sqft |
| 2022-01-01 | 0 days | 1,800 sqft |
| 2022-02-01 | 0 days | 1,764 sqft |
| 2022-03-01 | 0 days | 1,800 sqft |
| 2022-04-01 | 0 days | 1,762 sqft |
| 2022-05-01 | 0 days | 1,676 sqft |
| 2022-06-01 | 0 days | 1,645 sqft |
| 2022-07-01 | 0 days | 1,500 sqft |
| 2022-08-01 | 0 days | 1,517 sqft |
| 2022-09-01 | 0 days | 1,592 sqft |
| 2022-10-01 | 0 days | 1,524 sqft |
| 2022-11-01 | 0 days | 1,525 sqft |
| 2022-12-01 | 0 days | 1,510 sqft |
| 2023-01-01 | 0 days | 1,541 sqft |
| 2023-02-01 | 0 days | 1,522 sqft |
| 2023-03-01 | 0 days | 1,503 sqft |
| 2023-04-01 | 0 days | 1,503 sqft |
| 2023-05-01 | 0 days | 1,522 sqft |
| 2023-06-01 | 0 days | 1,522 sqft |
| 2023-07-01 | 0 days | 1,524 sqft |
| 2023-08-01 | 0 days | 1,551 sqft |
| 2023-09-01 | 0 days | 1,650 sqft |
| 2023-10-01 | 0 days | 1,652 sqft |
| 2023-11-01 | 0 days | 1,591 sqft |
| 2023-12-01 | 0 days | 1,529 sqft |
| 2024-01-01 | 0 days | 1,529 sqft |
| 2024-02-01 | 0 days | 1,528 sqft |
| 2024-03-01 | 0 days | 1,562 sqft |
Bardstown's median square footage for active listings during the 2024-03-01 period was 1,562 sqft. One year prior, the average listing was 1,503 sqft.