Bellefontaine USDA Loan Rates, Closing Costs & Stats
Bellefontaine, OH
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.
Bellefontaine's 10 lenders originated 18 USDA loans during 2023. The total origination value was $2,880,000, with an average USDA loan value of $160,000.
Bellefontaine USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Bellefontaine
averaged
6.86%
for the week of 2024-06-14, compared to the national average (all USDA variants) of
6.709% for the same period.
Bellefontaine's average USDA mortgage closing costs are $4,677.
The average rate for the prior week (2024-06-07) was
7.05% and
one month ago for the week of 2024-05-10, the
average rate was 7.24%.
The average rate one year ago was 6.79%.
For refis of the same type during the week of 2024-06-14, the average rate
was 6.61%.
Bellefontaine 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 Bellefontaine level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| UNION HOME MORTGAGE CORP. | 7 | 7.07% | $5,866 |
| CROSSCOUNTRY MORTGAGE, LLC | 2 | 7.00% | $8,558 |
| Western Ohio Mortgage Corporation | 2 | 6.63% | $5,883 |
| Neighborhood Loans, Inc. | 1 | 6.63% | $5,357 |
| POLARIS HOME FUNDING CORP. | 1 | 7.00% | $8,740 |
| RUOFF MORTGAGE COMPANY, INC. | 1 | 6.50% | $5,922 |
| The Huntington National Bank | 1 | 5.63% | $6,135 |
| THRIVE MORTGAGE, LLC | 1 | 6.88% | $5,097 |
| Flagstar Bank, FSB | 1 | 7.25% | $5,412 |
| Gateway First Bank | 1 | 6.75% | $4,377 |
The top Bellefontaine USDA lender as defined by loan originations is UNION HOME MORTGAGE CORP., with
7 USDA loans originated. Their average total fees are
$5,866, which is $2,692
lower than the next largest lender,
CROSSCOUNTRY MORTGAGE, LLC.
The lowest fee Bellefontaine USDA lenders (with over 10 loans originated) are
.
The lowest rate Bellefontaine USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Bellefontaine (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 | $149,900 (9.3%) | $266,242 (13.1%) | 0.00 | 186 |
| 2018-02-01 | $144,900 (-1.7%) | $263,826 (7.6%) | 0.00 | 192 |
| 2018-03-01 | $157,450 (1.0%) | $265,717 (6.1%) | 0.00 | 192 |
| 2018-04-01 | $168,724 (12.5%) | $271,189 (5.3%) | 0.00 | 187 |
| 2018-05-01 | $151,450 (-6.1%) | $263,072 (12.7%) | 0.00 | 185 |
| 2018-06-01 | $167,000 (4.4%) | $265,870 (14.7%) | 0.00 | 189 |
| 2018-07-01 | $169,675 (16.2%) | $267,711 (18.6%) | 0.00 | 198 |
| 2018-08-01 | $172,400 (16.2%) | $271,836 (8.4%) | 0.00 | 204 |
| 2018-09-01 | $168,700 (14.0%) | $260,786 (14.2%) | 0.00 | 211 |
| 2018-10-01 | $164,950 (3.1%) | $225,477 (-17.9%) | 0.00 | 218 |
| 2018-11-01 | $164,900 (3.1%) | $225,500 (-19.2%) | 0.00 | 213 |
| 2018-12-01 | $169,900 (6.2%) | $226,812 (-14.0%) | 0.00 | 190 |
| 2019-01-01 | $164,900 (10.0%) | $225,292 (-15.4%) | 0.00 | 136 |
| 2019-02-01 | $157,400 (8.6%) | $208,400 (-21.0%) | 0.00 | 129 |
| 2019-03-01 | $153,900 (-2.3%) | $212,494 (-20.0%) | 0.00 | 127 |
| 2019-04-01 | $169,900 (0.7%) | $227,219 (-16.2%) | 0.00 | 139 |
| 2019-05-01 | $177,400 (17.1%) | $236,602 (-10.1%) | 0.00 | 154 |
| 2019-06-01 | $164,900 (-1.3%) | $221,377 (-16.7%) | 0.00 | 171 |
| 2019-07-01 | $154,900 (-8.7%) | $204,652 (-23.6%) | 0.00 | 175 |
| 2019-08-01 | $154,732 (-10.3%) | $208,263 (-23.4%) | 0.00 | 165 |
| 2019-09-01 | $162,730 (-3.5%) | $214,240 (-17.9%) | 0.00 | 167 |
| 2019-10-01 | $169,473 (2.7%) | $219,191 (-2.8%) | 0.00 | 167 |
| 2019-11-01 | $169,900 (3.0%) | $225,296 (-0.1%) | 0.00 | 157 |
| 2019-12-01 | $164,450 (-3.2%) | $226,611 (-0.1%) | 0.00 | 146 |
| 2020-01-01 | $164,900 (0.0%) | $228,084 (1.2%) | 0.00 | 125 |
| 2020-02-01 | $159,450 (1.3%) | $226,188 (8.5%) | 0.00 | 124 |
| 2020-03-01 | $158,675 (3.1%) | $216,953 (2.1%) | 0.00 | 123 |
| 2020-04-01 | $162,400 (-4.4%) | $229,399 (1.0%) | 0.00 | 124 |
| 2020-05-01 | $177,450 (0.0%) | $239,929 (1.4%) | 0.00 | 108 |
| 2020-06-01 | $195,150 (18.3%) | $255,014 (15.2%) | 0.00 | 77 |
| 2020-07-01 | $182,400 (17.8%) | $228,836 (11.8%) | 0.00 | 58 |
| 2020-08-01 | $152,450 (-1.5%) | $232,475 (11.6%) | 0.00 | 54 |
| 2020-09-01 | $181,950 (11.8%) | $311,999 (45.6%) | 0.00 | 54 |
| 2020-10-01 | $165,000 (-2.6%) | $292,309 (33.4%) | 0.00 | 63 |
| 2020-11-01 | $158,500 (-6.7%) | $290,574 (29.0%) | 0.00 | 57 |
| 2020-12-01 | $151,450 (-7.9%) | $305,032 (34.6%) | 0.00 | 48 |
| 2021-01-01 | $189,900 (15.2%) | $331,188 (45.2%) | 0.00 | 46 |
| 2021-02-01 | $214,925 (34.8%) | $380,867 (68.4%) | 0.00 | 39 |
| 2021-03-01 | $252,400 (59.1%) | $430,367 (98.4%) | 0.00 | 37 |
| 2021-04-01 | $234,725 (44.5%) | $415,898 (81.3%) | 0.00 | 31 |
| 2021-05-01 | $231,950 (30.7%) | $328,666 (37.0%) | 0.00 | 49 |
| 2021-06-01 | $238,075 (22.0%) | $359,362 (40.9%) | 0.00 | 61 |
| 2021-07-01 | $234,500 (28.6%) | $352,151 (53.9%) | 0.00 | 70 |
| 2021-08-01 | $234,200 (53.6%) | $326,434 (40.4%) | 0.00 | 83 |
| 2021-09-01 | $232,400 (27.7%) | $298,214 (-4.4%) | 0.00 | 100 |
| 2021-10-01 | $213,233 (29.2%) | $301,171 (3.0%) | 0.00 | 93 |
| 2021-11-01 | $194,800 (22.9%) | $284,296 (-2.2%) | 0.00 | 80 |
| 2021-12-01 | $186,150 (22.9%) | $285,474 (-6.4%) | 0.00 | 65 |
| 2022-01-01 | $207,500 (9.3%) | $329,827 (-0.4%) | 0.00 | 61 |
| 2022-02-01 | $209,950 (-2.3%) | $343,681 (-9.8%) | 0.00 | 65 |
| 2022-03-01 | $253,675 (0.5%) | $344,807 (-19.9%) | 0.00 | 68 |
| 2022-04-01 | $222,000 (-5.4%) | $356,543 (-14.3%) | 0.00 | 68 |
| 2022-05-01 | $259,925 (12.1%) | $348,388 (6.0%) | 0.00 | 72 |
| 2022-06-01 | $304,475 (27.9%) | $406,232 (13.0%) | 0.00 | 110 |
| 2022-07-01 | $292,950 (24.9%) | $386,326 (9.7%) | 0.00 | 132 |
| 2022-08-01 | $309,900 (32.3%) | $388,413 (19.0%) | 0.00 | 127 |
| 2022-09-01 | $287,200 (23.6%) | $370,114 (24.1%) | 0.00 | 116 |
| 2022-10-01 | $282,400 (32.4%) | $360,800 (19.8%) | 0.00 | 118 |
| 2022-11-01 | $277,425 (42.4%) | $360,680 (26.9%) | 0.00 | 103 |
| 2022-12-01 | $258,700 (39.0%) | $349,669 (22.5%) | 0.00 | 93 |
| 2023-01-01 | $271,175 (30.7%) | $364,645 (10.6%) | 0.00 | 85 |
| 2023-02-01 | $277,450 (32.2%) | $368,101 (7.1%) | 0.00 | 83 |
| 2023-03-01 | $285,725 (12.6%) | $374,683 (8.7%) | 0.00 | 88 |
| 2023-04-01 | $307,000 (38.3%) | $374,319 (5.0%) | 0.00 | 93 |
| 2023-05-01 | $274,975 (5.8%) | $356,257 (2.3%) | 0.00 | 99 |
| 2023-06-01 | $267,400 (-12.2%) | $329,045 (-19.0%) | 0.00 | 96 |
| 2023-07-01 | $249,900 (-14.7%) | $330,314 (-14.5%) | 0.00 | 85 |
| 2023-08-01 | $242,450 (-21.8%) | $329,715 (-15.1%) | 0.00 | 83 |
| 2023-09-01 | $238,450 (-17.0%) | $308,282 (-16.7%) | 0.00 | 80 |
| 2023-10-01 | $235,425 (-16.6%) | $313,521 (-13.1%) | 0.00 | 92 |
| 2023-11-01 | $269,675 (-2.8%) | $334,533 (-7.3%) | 0.00 | 95 |
| 2023-12-01 | $249,900 (-3.4%) | $318,547 (-8.9%) | 0.00 | 80 |
| 2024-01-01 | $238,475 (-12.1%) | $301,446 (-17.3%) | 0.00 | 75 |
| 2024-02-01 | $229,950 (-17.1%) | $304,798 (-17.2%) | 0.00 | 82 |
| 2024-03-01 | $247,450 (-13.4%) | $310,969 (-17.0%) | 0.00 | 90 |
| 2024-04-01 | $263,600 (-14.1%) | $342,964 (-8.4%) | 0.00 | 87 |
| 2024-05-01 | $263,575 (-4.2%) | $349,961 (-1.8%) | 0.00 | 90 |
Bellefontaine's median listing price comes in at 0% of the national average.
Bellefontaine's average listing price for 2024-05-01 was $349,961, a difference of $-6,296 (-1.8%) versus the prior year and $6,997 versus the prior month.
For the 2024-05-01 period, Bellefontaine had 90 MLS listings, a difference of 3 listings (3%) versus the prior month and -9 listings (-9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bellefontaine (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,546 sqft |
| 2018-02-01 | 0 days | 1,555 sqft |
| 2018-03-01 | 0 days | 1,503 sqft |
| 2018-04-01 | 0 days | 1,636 sqft |
| 2018-05-01 | 0 days | 1,629 sqft |
| 2018-06-01 | 0 days | 1,628 sqft |
| 2018-07-01 | 0 days | 1,629 sqft |
| 2018-08-01 | 0 days | 1,640 sqft |
| 2018-09-01 | 0 days | 1,620 sqft |
| 2018-10-01 | 0 days | 1,596 sqft |
| 2018-11-01 | 0 days | 1,614 sqft |
| 2018-12-01 | 0 days | 1,700 sqft |
| 2019-01-01 | 0 days | 1,604 sqft |
| 2019-02-01 | 0 days | 1,616 sqft |
| 2019-03-01 | 0 days | 1,569 sqft |
| 2019-04-01 | 0 days | 1,513 sqft |
| 2019-05-01 | 0 days | 1,483 sqft |
| 2019-06-01 | 0 days | 1,503 sqft |
| 2019-07-01 | 0 days | 1,512 sqft |
| 2019-08-01 | 0 days | 1,502 sqft |
| 2019-09-01 | 0 days | 1,486 sqft |
| 2019-10-01 | 0 days | 1,499 sqft |
| 2019-11-01 | 0 days | 1,522 sqft |
| 2019-12-01 | 0 days | 1,483 sqft |
| 2020-01-01 | 0 days | 1,476 sqft |
| 2020-02-01 | 0 days | 1,452 sqft |
| 2020-03-01 | 0 days | 1,409 sqft |
| 2020-04-01 | 0 days | 1,397 sqft |
| 2020-05-01 | 0 days | 1,402 sqft |
| 2020-06-01 | 0 days | 1,444 sqft |
| 2020-07-01 | 0 days | 1,453 sqft |
| 2020-08-01 | 0 days | 1,488 sqft |
| 2020-09-01 | 0 days | 1,481 sqft |
| 2020-10-01 | 0 days | 1,420 sqft |
| 2020-11-01 | 0 days | 1,441 sqft |
| 2020-12-01 | 0 days | 1,439 sqft |
| 2021-01-01 | 0 days | 1,420 sqft |
| 2021-02-01 | 0 days | 1,473 sqft |
| 2021-03-01 | 0 days | 1,656 sqft |
| 2021-04-01 | 0 days | 1,531 sqft |
| 2021-05-01 | 0 days | 1,566 sqft |
| 2021-06-01 | 0 days | 1,651 sqft |
| 2021-07-01 | 0 days | 1,642 sqft |
| 2021-08-01 | 0 days | 1,507 sqft |
| 2021-09-01 | 0 days | 1,470 sqft |
| 2021-10-01 | 0 days | 1,564 sqft |
| 2021-11-01 | 0 days | 1,510 sqft |
| 2021-12-01 | 0 days | 1,436 sqft |
| 2022-01-01 | 0 days | 1,424 sqft |
| 2022-02-01 | 0 days | 1,434 sqft |
| 2022-03-01 | 0 days | 1,547 sqft |
| 2022-04-01 | 0 days | 1,665 sqft |
| 2022-05-01 | 0 days | 1,495 sqft |
| 2022-06-01 | 0 days | 1,554 sqft |
| 2022-07-01 | 0 days | 1,584 sqft |
| 2022-08-01 | 0 days | 1,535 sqft |
| 2022-09-01 | 0 days | 1,590 sqft |
| 2022-10-01 | 0 days | 1,577 sqft |
| 2022-11-01 | 0 days | 1,607 sqft |
| 2022-12-01 | 0 days | 1,599 sqft |
| 2023-01-01 | 0 days | 1,586 sqft |
| 2023-02-01 | 0 days | 1,440 sqft |
| 2023-03-01 | 0 days | 1,412 sqft |
| 2023-04-01 | 0 days | 1,386 sqft |
| 2023-05-01 | 0 days | 1,360 sqft |
| 2023-06-01 | 0 days | 1,387 sqft |
| 2023-07-01 | 0 days | 1,373 sqft |
| 2023-08-01 | 0 days | 1,554 sqft |
| 2023-09-01 | 0 days | 1,384 sqft |
| 2023-10-01 | 0 days | 1,557 sqft |
| 2023-11-01 | 0 days | 1,643 sqft |
| 2023-12-01 | 0 days | 1,558 sqft |
| 2024-01-01 | 0 days | 1,513 sqft |
| 2024-02-01 | 0 days | 1,442 sqft |
| 2024-03-01 | 0 days | 1,354 sqft |
| 2024-04-01 | 0 days | 1,326 sqft |
| 2024-05-01 | 0 days | 1,474 sqft |
Bellefontaine's median square footage for active listings during the 2024-05-01 period was 1,474 sqft. One year prior, the average listing was 1,360 sqft.