Batesville USDA Loan Rates, Closing Costs & Stats

Batesville, AR

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    • 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.

    Batesville's 18 lenders originated 58 USDA loans during 2023. The total origination value was $7,330,000, with an average USDA loan value of $126,379.

    Batesville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Batesville averaged 7.18% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Batesville's average USDA mortgage closing costs are $4,168.

    The average rate for the prior week (2024-04-12) was 6.93% and one month ago for the week of 2024-03-15, the average rate was 6.62%.

    The average rate one year ago was 6.66%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.06%.

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

    Batesville 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 Batesville level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    First Community Bank 9 6.29% $4,542
    FIRST COMMUNITY MORTGAGE, INC. 6 6.77% $5,214
    Renasant Bank 4 6.40% $7,415
    DAS Acquisition Company, LLC 4 6.75% $5,922
    TJC Mortgage, Inc. 4 6.09% $4,482
    FLAT BRANCH MORTGAGE, INC. 3 6.83% $5,335
    FirstTrust Home Loans, Inc. 2 6.81% $3,945
    Nations Lending Corporation 2 6.44% $2,752
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.75% $4,850
    BANK OF LITTLE ROCK MORTGAGE CORPORATION 1 5.63% $3,651
    UNITED WHOLESALE MORTGAGE, LLC 1 6.00% $5,382
    Carrington Mortgage Services, LLC 1 7.13% $7,258
    Century Mortgage Company DBA Century Lending Company 1 6.25% $8,345
    ENCORE BANK 1 6.63% $4,360
    Equity Prime Mortgage LLC 1 6.25% $6,006
    Mortgage Research Center, LLC 1 6.75% $1,907
    Paramount Residential Mortgage Group, Inc. 1 6.88% $4,730
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 7.75% $6,701

    The top Batesville USDA lender as defined by loan originations is First Community Bank, with 9 USDA loans originated. Their average total fees are $4,542, which is $672 lower than the next largest lender, FIRST COMMUNITY MORTGAGE, INC..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Batesville (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 $119,950 (22.0%) $168,196 (24.3%) 0.00 412
    2018-02-01 $116,350 (17.5%) $160,187 (15.7%) 0.00 414
    2018-03-01 $117,900 (18.9%) $160,207 (14.4%) 0.00 457
    2018-04-01 $117,250 (9.6%) $163,291 (14.3%) 0.00 465
    2018-05-01 $115,000 (0.0%) $161,973 (8.7%) 0.00 479
    2018-06-01 $115,000 (-3.9%) $158,724 (3.2%) 0.00 477
    2018-07-01 $115,000 (-4.1%) $156,509 (1.4%) 0.00 481
    2018-08-01 $116,300 (-3.0%) $162,887 (4.6%) 0.00 470
    2018-09-01 $118,250 (0.6%) $163,416 (7.5%) 0.00 478
    2018-10-01 $119,225 (1.7%) $164,197 (5.3%) 0.00 474
    2018-11-01 $119,925 (0.8%) $166,349 (4.7%) 0.00 459
    2018-12-01 $129,000 (3.7%) $175,913 (5.3%) 0.00 438
    2019-01-01 $125,000 (4.2%) $175,281 (4.2%) 0.00 418
    2019-02-01 $128,625 (10.6%) $177,139 (10.6%) 0.00 421
    2019-03-01 $133,371 (13.1%) $179,431 (12.0%) 0.00 408
    2019-04-01 $136,921 (16.8%) $181,489 (11.1%) 0.00 406
    2019-05-01 $138,000 (20.0%) $182,634 (12.8%) 0.00 407
    2019-06-01 $139,000 (20.9%) $180,910 (14.0%) 0.00 407
    2019-07-01 $136,438 (18.6%) $177,149 (13.2%) 0.00 397
    2019-08-01 $133,636 (14.9%) $175,707 (7.9%) 0.00 387
    2019-09-01 $131,591 (11.3%) $174,129 (6.6%) 0.00 370
    2019-10-01 $130,000 (9.0%) $169,724 (3.4%) 0.00 360
    2019-11-01 $127,700 (6.5%) $162,460 (-2.3%) 0.00 357
    2019-12-01 $129,925 (0.7%) $164,158 (-6.7%) 0.00 339
    2020-01-01 $131,225 (5.0%) $167,961 (-4.2%) 0.00 326
    2020-02-01 $134,900 (4.9%) $168,547 (-4.9%) 0.00 330
    2020-03-01 $138,175 (3.6%) $172,530 (-3.9%) 0.00 324
    2020-04-01 $133,450 (-2.5%) $168,605 (-7.1%) 0.00 316
    2020-05-01 $139,900 (1.4%) $173,776 (-4.9%) 0.00 305
    2020-06-01 $146,975 (5.7%) $182,901 (1.1%) 0.00 279
    2020-07-01 $151,225 (10.8%) $191,430 (8.1%) 0.00 257
    2020-08-01 $164,750 (23.3%) $203,602 (15.9%) 0.00 225
    2020-09-01 $163,475 (24.2%) $207,565 (19.2%) 0.00 216
    2020-10-01 $167,900 (29.2%) $208,243 (22.7%) 0.00 217
    2020-11-01 $161,975 (26.8%) $202,679 (24.8%) 0.00 206
    2020-12-01 $161,450 (24.3%) $204,468 (24.6%) 0.00 200
    2021-01-01 $168,000 (28.0%) $207,593 (23.6%) 0.00 189
    2021-02-01 $167,650 (24.3%) $209,234 (24.1%) 0.00 173
    2021-03-01 $167,675 (21.4%) $211,558 (22.6%) 0.00 154
    2021-04-01 $177,100 (32.7%) $239,336 (42.0%) 0.00 132
    2021-05-01 $177,000 (26.5%) $228,864 (31.7%) 0.00 133
    2021-06-01 $172,000 (17.0%) $221,222 (21.0%) 0.00 143
    2021-07-01 $172,000 (13.7%) $228,061 (19.1%) 0.00 140
    2021-08-01 $168,250 (2.1%) $233,176 (14.5%) 0.00 145
    2021-09-01 $178,350 (9.1%) $229,672 (10.7%) 0.00 145
    2021-10-01 $189,000 (12.6%) $229,394 (10.2%) 0.00 138
    2021-11-01 $183,750 (13.4%) $230,574 (13.8%) 0.00 125
    2021-12-01 $188,450 (16.7%) $235,463 (15.2%) 0.00 123
    2022-01-01 $178,950 (6.5%) $224,118 (8.0%) 0.00 123
    2022-02-01 $173,425 (3.4%) $214,004 (2.3%) 0.00 121
    2022-03-01 $167,000 (-0.4%) $206,832 (-2.2%) 0.00 112
    2022-04-01 $189,000 (6.7%) $249,202 (4.1%) 0.00 125
    2022-05-01 $188,000 (6.2%) $253,559 (10.8%) 0.00 148
    2022-06-01 $195,850 (13.9%) $259,886 (17.5%) 0.00 166
    2022-07-01 $190,000 (10.5%) $255,308 (12.0%) 0.00 184
    2022-08-01 $189,900 (12.9%) $254,513 (9.2%) 0.00 193
    2022-09-01 $198,950 (11.6%) $267,641 (16.5%) 0.00 188
    2022-10-01 $199,900 (5.8%) $276,613 (20.6%) 0.00 194
    2022-11-01 $199,450 (8.5%) $280,309 (21.6%) 0.00 195
    2022-12-01 $195,000 (3.5%) $261,225 (10.9%) 0.00 175
    2023-01-01 $194,500 (8.7%) $259,885 (16.0%) 0.00 167
    2023-02-01 $199,600 (15.1%) $268,172 (25.3%) 0.00 154
    2023-03-01 $199,950 (19.7%) $263,968 (27.6%) 0.00 156
    2023-04-01 $199,900 (5.8%) $259,470 (4.1%) 0.00 174
    2023-05-01 $189,450 (0.8%) $256,247 (1.1%) 0.00 168
    2023-06-01 $213,500 (9.0%) $270,071 (3.9%) 0.00 181
    2023-07-01 $215,000 (13.2%) $262,628 (2.9%) 0.00 198
    2023-08-01 $213,700 (12.5%) $257,987 (1.4%) 0.00 189
    2023-09-01 $219,000 (10.1%) $278,578 (4.1%) 0.00 194
    2023-10-01 $210,200 (5.2%) $274,421 (-0.8%) 0.00 203
    2023-11-01 $206,925 (3.8%) $273,766 (-2.3%) 0.00 209
    2023-12-01 $199,900 (2.5%) $273,387 (4.7%) 0.00 211
    2024-01-01 $192,500 (-1.0%) $278,053 (7.0%) 0.00 189
    2024-02-01 $207,450 (3.9%) $278,729 (3.9%) 0.00 174
    2024-03-01 $203,400 (1.7%) $276,736 (4.8%) 0.00 178
    Batesville's median listing price for 2024-03-01 was $203,400, a difference of $3,450 (1.7%) versus the prior year and $-4,050 versus the prior month.

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

    Batesville's average listing price for 2024-03-01 was $276,736, a difference of $12,768 (4.8%) versus the prior year and $-1,993 versus the prior month.

    For the 2024-03-01 period, Batesville had 178 MLS listings, a difference of 4 listings (2%) versus the prior month and 22 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Batesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,712 sqft
    2018-02-01 0 days 1,682 sqft
    2018-03-01 0 days 1,634 sqft
    2018-04-01 0 days 1,610 sqft
    2018-05-01 0 days 1,614 sqft
    2018-06-01 0 days 1,614 sqft
    2018-07-01 0 days 1,614 sqft
    2018-08-01 0 days 1,638 sqft
    2018-09-01 0 days 1,625 sqft
    2018-10-01 0 days 1,650 sqft
    2018-11-01 0 days 1,650 sqft
    2018-12-01 0 days 1,680 sqft
    2019-01-01 0 days 1,692 sqft
    2019-02-01 0 days 1,707 sqft
    2019-03-01 0 days 1,742 sqft
    2019-04-01 0 days 1,749 sqft
    2019-05-01 0 days 1,762 sqft
    2019-06-01 0 days 1,760 sqft
    2019-07-01 0 days 1,779 sqft
    2019-08-01 0 days 1,767 sqft
    2019-09-01 0 days 1,749 sqft
    2019-10-01 0 days 1,742 sqft
    2019-11-01 0 days 1,725 sqft
    2019-12-01 0 days 1,718 sqft
    2020-01-01 0 days 1,740 sqft
    2020-02-01 0 days 1,747 sqft
    2020-03-01 0 days 1,748 sqft
    2020-04-01 0 days 1,718 sqft
    2020-05-01 0 days 1,749 sqft
    2020-06-01 0 days 1,805 sqft
    2020-07-01 0 days 1,805 sqft
    2020-08-01 0 days 1,867 sqft
    2020-09-01 0 days 1,890 sqft
    2020-10-01 0 days 1,914 sqft
    2020-11-01 0 days 1,819 sqft
    2020-12-01 0 days 1,838 sqft
    2021-01-01 0 days 1,847 sqft
    2021-02-01 0 days 1,879 sqft
    2021-03-01 0 days 1,856 sqft
    2021-04-01 0 days 1,880 sqft
    2021-05-01 0 days 1,782 sqft
    2021-06-01 0 days 1,813 sqft
    2021-07-01 0 days 1,869 sqft
    2021-08-01 0 days 1,781 sqft
    2021-09-01 0 days 1,738 sqft
    2021-10-01 0 days 1,689 sqft
    2021-11-01 0 days 1,722 sqft
    2021-12-01 0 days 1,745 sqft
    2022-01-01 0 days 1,745 sqft
    2022-02-01 0 days 1,660 sqft
    2022-03-01 0 days 1,598 sqft
    2022-04-01 0 days 1,610 sqft
    2022-05-01 0 days 1,643 sqft
    2022-06-01 0 days 1,714 sqft
    2022-07-01 0 days 1,688 sqft
    2022-08-01 0 days 1,691 sqft
    2022-09-01 0 days 1,666 sqft
    2022-10-01 0 days 1,694 sqft
    2022-11-01 0 days 1,753 sqft
    2022-12-01 0 days 1,680 sqft
    2023-01-01 0 days 1,676 sqft
    2023-02-01 0 days 1,665 sqft
    2023-03-01 0 days 1,668 sqft
    2023-04-01 0 days 1,704 sqft
    2023-05-01 0 days 1,667 sqft
    2023-06-01 0 days 1,794 sqft
    2023-07-01 0 days 1,819 sqft
    2023-08-01 0 days 1,808 sqft
    2023-09-01 0 days 1,717 sqft
    2023-10-01 0 days 1,659 sqft
    2023-11-01 0 days 1,618 sqft
    2023-12-01 0 days 1,589 sqft
    2024-01-01 0 days 1,583 sqft
    2024-02-01 0 days 1,603 sqft
    2024-03-01 0 days 1,624 sqft
    Batesville's median listing age (time on market) for 2024-03-01 was 0 days.

    Batesville's median square footage for active listings during the 2024-03-01 period was 1,624 sqft. One year prior, the average listing was 1,668 sqft.