Bennettsville USDA Loan Rates, Closing Costs & Stats
Bennettsville, SC
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.
Bennettsville's 4 lenders originated 4 USDA loans during 2023. The total origination value was $690,000, with an average USDA loan value of $172,500.
Bennettsville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Bennettsville
averaged
6.67%
for the week of 2024-12-13, compared to the national average (all USDA variants) of
6.303% for the same period.
Bennettsville's average USDA mortgage closing costs are $4,682.
The average rate for the prior week (2024-12-06) was
6.61% and
one month ago for the week of 2024-11-08, the
average rate was 6.63%.
The average rate one year ago was 6.89%.
For refis of the same type during the week of 2024-12-13, the average rate
was 6.2%.
Bennettsville 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 Bennettsville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| DIRECT MORTGAGE LOANS, LLC | 1 | 7.49% | $5,684 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 7.25% | $7,509 |
| T2 FINANCIAL LLC | 1 | 5.75% | $11,524 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.25% | $8,223 |
The top Bennettsville USDA lender as defined by loan originations is DIRECT MORTGAGE LOANS, LLC, with
1 USDA loans originated. Their average total fees are
$5,684, which is $1,825
lower than the next largest lender,
FAIRWAY INDEPENDENT MORTGAGE CORPORATION.
The lowest fee Bennettsville USDA lenders (with over 10 loans originated) are
.
The lowest rate Bennettsville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Bennettsville (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 | $109,300 (43.3%) | $160,298 (37.7%) | 0.00 | 31 |
| 2018-02-01 | $111,950 (43.3%) | $159,187 (28.6%) | 0.00 | 35 |
| 2018-03-01 | $95,000 (20.7%) | $152,441 (29.0%) | 0.00 | 35 |
| 2018-04-01 | $102,200 (-7.1%) | $141,758 (16.1%) | 0.00 | 39 |
| 2018-05-01 | $92,600 (-8.8%) | $156,313 (26.8%) | 0.00 | 43 |
| 2018-06-01 | $90,000 (9.6%) | $153,209 (37.6%) | 0.00 | 45 |
| 2018-07-01 | $101,750 (24.1%) | $149,157 (32.6%) | 0.00 | 44 |
| 2018-08-01 | $82,700 (2.2%) | $158,011 (36.9%) | 0.00 | 45 |
| 2018-09-01 | $85,000 (0.1%) | $161,975 (16.4%) | 0.00 | 43 |
| 2018-10-01 | $94,500 (15.7%) | $156,126 (11.9%) | 0.00 | 43 |
| 2018-11-01 | $112,300 (33.8%) | $156,253 (13.0%) | 0.00 | 38 |
| 2018-12-01 | $74,700 (-21.3%) | $137,528 (-8.0%) | 0.00 | 34 |
| 2019-01-01 | $80,950 (-25.9%) | $138,411 (-13.7%) | 0.00 | 34 |
| 2019-02-01 | $67,000 (-40.2%) | $106,959 (-32.8%) | 0.00 | 42 |
| 2019-03-01 | $79,000 (-16.8%) | $115,626 (-24.2%) | 0.00 | 48 |
| 2019-04-01 | $85,250 (-16.6%) | $123,509 (-12.9%) | 0.00 | 54 |
| 2019-05-01 | $77,100 (-16.7%) | $119,913 (-23.3%) | 0.00 | 58 |
| 2019-06-01 | $73,250 (-18.6%) | $118,209 (-22.8%) | 0.00 | 55 |
| 2019-07-01 | $69,250 (-31.9%) | $125,262 (-16.0%) | 0.00 | 49 |
| 2019-08-01 | $63,500 (-23.2%) | $115,168 (-27.1%) | 0.00 | 55 |
| 2019-09-01 | $61,250 (-27.9%) | $112,090 (-30.8%) | 0.00 | 57 |
| 2019-10-01 | $60,625 (-35.9%) | $112,092 (-28.2%) | 0.00 | 58 |
| 2019-11-01 | $74,700 (-33.5%) | $111,612 (-28.6%) | 0.00 | 60 |
| 2019-12-01 | $89,900 (20.4%) | $113,398 (-17.6%) | 0.00 | 60 |
| 2020-01-01 | $89,900 (11.1%) | $112,767 (-18.5%) | 0.00 | 55 |
| 2020-02-01 | $71,000 (6.0%) | $99,685 (-6.8%) | 0.00 | 59 |
| 2020-03-01 | $89,500 (13.3%) | $108,099 (-6.5%) | 0.00 | 52 |
| 2020-04-01 | $82,250 (-3.5%) | $108,418 (-12.2%) | 0.00 | 46 |
| 2020-05-01 | $85,700 (11.2%) | $120,256 (0.3%) | 0.00 | 46 |
| 2020-06-01 | $85,125 (16.2%) | $116,747 (-1.2%) | 0.00 | 51 |
| 2020-07-01 | $79,900 (15.4%) | $116,489 (-7.0%) | 0.00 | 55 |
| 2020-08-01 | $89,750 (41.3%) | $136,062 (18.1%) | 0.00 | 49 |
| 2020-09-01 | $115,200 (88.1%) | $148,462 (32.5%) | 0.00 | 45 |
| 2020-10-01 | $124,500 (105.4%) | $218,920 (95.3%) | 0.00 | 44 |
| 2020-11-01 | $142,425 (90.7%) | $243,109 (117.8%) | 0.00 | 44 |
| 2020-12-01 | $131,000 (45.7%) | $234,917 (107.2%) | 0.00 | 39 |
| 2021-01-01 | $121,750 (35.4%) | $236,006 (109.3%) | 0.00 | 36 |
| 2021-02-01 | $144,000 (102.8%) | $242,513 (143.3%) | 0.00 | 31 |
| 2021-03-01 | $159,000 (77.7%) | $248,039 (129.5%) | 0.00 | 30 |
| 2021-04-01 | $139,450 (69.5%) | $252,496 (132.9%) | 0.00 | 29 |
| 2021-05-01 | $134,500 (56.9%) | $259,352 (115.7%) | 0.00 | 31 |
| 2021-06-01 | $129,500 (52.1%) | $257,443 (120.5%) | 0.00 | 33 |
| 2021-07-01 | $129,450 (62.0%) | $262,026 (124.9%) | 0.00 | 37 |
| 2021-08-01 | $125,925 (40.3%) | $172,248 (26.6%) | 0.00 | 37 |
| 2021-09-01 | $137,725 (19.6%) | $167,648 (12.9%) | 0.00 | 32 |
| 2021-10-01 | $137,000 (10.0%) | $152,153 (-30.5%) | 0.00 | 31 |
| 2021-11-01 | $131,675 (-7.6%) | $164,602 (-32.3%) | 0.00 | 26 |
| 2021-12-01 | $129,800 (-0.9%) | $158,184 (-32.7%) | 0.00 | 23 |
| 2022-01-01 | $137,000 (12.5%) | $159,310 (-32.5%) | 0.00 | 20 |
| 2022-02-01 | $120,000 (-16.7%) | $147,704 (-39.1%) | 0.00 | 15 |
| 2022-03-01 | $130,000 (-18.2%) | $165,386 (-33.3%) | 0.00 | 25 |
| 2022-04-01 | $145,000 (4.0%) | $181,568 (-28.1%) | 0.00 | 21 |
| 2022-05-01 | $119,875 (-10.9%) | $166,483 (-35.8%) | 0.00 | 21 |
| 2022-06-01 | $125,000 (-3.5%) | $165,952 (-35.5%) | 0.00 | 23 |
| 2022-07-01 | $149,000 (15.1%) | $176,274 (-32.7%) | 0.00 | 25 |
| 2022-08-01 | $155,000 (23.1%) | $185,885 (7.9%) | 0.00 | 27 |
| 2022-09-01 | $149,450 (8.5%) | $181,383 (8.2%) | 0.00 | 29 |
| 2022-10-01 | $149,450 (9.1%) | $185,396 (21.9%) | 0.00 | 34 |
| 2022-11-01 | $143,440 (8.9%) | $190,857 (16.0%) | 0.00 | 30 |
| 2022-12-01 | $149,450 (15.1%) | $190,066 (20.2%) | 0.00 | 27 |
| 2023-01-01 | $152,450 (11.3%) | $190,373 (19.5%) | 0.00 | 26 |
| 2023-02-01 | $144,125 (20.1%) | $173,533 (17.5%) | 0.00 | 24 |
| 2023-03-01 | $140,250 (7.9%) | $174,678 (5.6%) | 0.00 | 21 |
| 2023-04-01 | $127,170 (-12.3%) | $156,061 (-14.1%) | 0.00 | 22 |
| 2023-05-01 | $143,440 (19.7%) | $161,542 (-3.0%) | 0.00 | 23 |
| 2023-06-01 | $135,810 (8.7%) | $158,455 (-4.5%) | 0.00 | 26 |
| 2023-07-01 | $136,670 (-8.3%) | $161,061 (-8.6%) | 0.00 | 20 |
| 2023-08-01 | $124,900 (-19.4%) | $152,018 (-18.2%) | 0.00 | 21 |
| 2023-09-01 | $134,250 (-10.2%) | $146,157 (-19.4%) | 0.00 | 24 |
| 2023-10-01 | $149,000 (-0.3%) | $142,878 (-22.9%) | 0.00 | 22 |
| 2023-11-01 | $144,250 (0.6%) | $135,511 (-29.0%) | 0.00 | 24 |
| 2023-12-01 | $149,900 (0.3%) | $145,853 (-23.3%) | 0.00 | 19 |
| 2024-01-01 | $140,500 (-7.8%) | $143,493 (-24.6%) | 0.00 | 16 |
| 2024-02-01 | $128,500 (-10.8%) | $140,330 (-19.1%) | 0.00 | 18 |
| 2024-03-01 | $128,500 (-8.4%) | $136,056 (-22.1%) | 0.00 | 22 |
| 2024-04-01 | $152,425 (19.9%) | $144,753 (-7.3%) | 0.00 | 26 |
| 2024-05-01 | $149,375 (4.1%) | $148,691 (-8.0%) | 0.00 | 31 |
| 2024-06-01 | $154,900 (14.1%) | $159,177 (0.5%) | 0.00 | 29 |
| 2024-07-01 | $149,000 (9.0%) | $165,997 (3.1%) | 0.00 | 30 |
| 2024-08-01 | $152,000 (21.7%) | $174,423 (14.7%) | 0.00 | 27 |
| 2024-09-01 | $163,675 (21.9%) | $167,237 (14.4%) | 0.00 | 26 |
| 2024-10-01 | $167,450 (12.4%) | $160,127 (12.1%) | 0.00 | 25 |
| 2024-11-01 | $139,500 (-3.3%) | $144,853 (6.9%) | 0.00 | 34 |
Bennettsville's median listing price comes in at 0% of the national average.
Bennettsville's average listing price for 2024-11-01 was $144,853, a difference of $9,342 (6.9%) versus the prior year and $-15,274 versus the prior month.
For the 2024-11-01 period, Bennettsville had 34 MLS listings, a difference of 9 listings (36%) versus the prior month and 10 listings (42%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Bennettsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,889 sqft |
| 2018-02-01 | 0 days | 1,871 sqft |
| 2018-03-01 | 0 days | 1,782 sqft |
| 2018-04-01 | 0 days | 1,861 sqft |
| 2018-05-01 | 0 days | 1,778 sqft |
| 2018-06-01 | 0 days | 1,876 sqft |
| 2018-07-01 | 0 days | 1,943 sqft |
| 2018-08-01 | 0 days | 1,799 sqft |
| 2018-09-01 | 0 days | 1,808 sqft |
| 2018-10-01 | 0 days | 1,801 sqft |
| 2018-11-01 | 0 days | 1,815 sqft |
| 2018-12-01 | 0 days | 1,804 sqft |
| 2019-01-01 | 0 days | 1,825 sqft |
| 2019-02-01 | 0 days | 1,741 sqft |
| 2019-03-01 | 0 days | 1,797 sqft |
| 2019-04-01 | 0 days | 1,782 sqft |
| 2019-05-01 | 0 days | 1,755 sqft |
| 2019-06-01 | 0 days | 1,737 sqft |
| 2019-07-01 | 0 days | 1,705 sqft |
| 2019-08-01 | 0 days | 1,654 sqft |
| 2019-09-01 | 0 days | 1,638 sqft |
| 2019-10-01 | 0 days | 1,627 sqft |
| 2019-11-01 | 0 days | 1,700 sqft |
| 2019-12-01 | 0 days | 1,748 sqft |
| 2020-01-01 | 0 days | 1,748 sqft |
| 2020-02-01 | 0 days | 1,683 sqft |
| 2020-03-01 | 0 days | 1,767 sqft |
| 2020-04-01 | 0 days | 1,718 sqft |
| 2020-05-01 | 0 days | 1,718 sqft |
| 2020-06-01 | 0 days | 1,635 sqft |
| 2020-07-01 | 0 days | 1,651 sqft |
| 2020-08-01 | 0 days | 1,752 sqft |
| 2020-09-01 | 0 days | 1,971 sqft |
| 2020-10-01 | 0 days | 2,000 sqft |
| 2020-11-01 | 0 days | 2,200 sqft |
| 2020-12-01 | 0 days | 1,690 sqft |
| 2021-01-01 | 0 days | 1,544 sqft |
| 2021-02-01 | 0 days | 1,692 sqft |
| 2021-03-01 | 0 days | 1,752 sqft |
| 2021-04-01 | 0 days | 1,823 sqft |
| 2021-05-01 | 0 days | 1,925 sqft |
| 2021-06-01 | 0 days | 1,878 sqft |
| 2021-07-01 | 0 days | 1,735 sqft |
| 2021-08-01 | 0 days | 1,818 sqft |
| 2021-09-01 | 0 days | 1,800 sqft |
| 2021-10-01 | 0 days | 1,600 sqft |
| 2021-11-01 | 0 days | 1,735 sqft |
| 2021-12-01 | 0 days | 1,753 sqft |
| 2022-01-01 | 0 days | 1,602 sqft |
| 2022-02-01 | 0 days | 1,508 sqft |
| 2022-03-01 | 0 days | 1,589 sqft |
| 2022-04-01 | 0 days | 1,936 sqft |
| 2022-05-01 | 0 days | 1,581 sqft |
| 2022-06-01 | 0 days | 1,643 sqft |
| 2022-07-01 | 0 days | 1,898 sqft |
| 2022-08-01 | 0 days | 1,843 sqft |
| 2022-09-01 | 0 days | 1,822 sqft |
| 2022-10-01 | 0 days | 1,831 sqft |
| 2022-11-01 | 0 days | 1,886 sqft |
| 2022-12-01 | 0 days | 1,771 sqft |
| 2023-01-01 | 0 days | 1,728 sqft |
| 2023-02-01 | 0 days | 1,680 sqft |
| 2023-03-01 | 0 days | 1,749 sqft |
| 2023-04-01 | 0 days | 1,736 sqft |
| 2023-05-01 | 0 days | 1,718 sqft |
| 2023-06-01 | 0 days | 1,718 sqft |
| 2023-07-01 | 0 days | 1,705 sqft |
| 2023-08-01 | 0 days | 1,778 sqft |
| 2023-09-01 | 0 days | 1,486 sqft |
| 2023-10-01 | 0 days | 1,624 sqft |
| 2023-11-01 | 0 days | 1,556 sqft |
| 2023-12-01 | 0 days | 1,625 sqft |
| 2024-01-01 | 0 days | 1,578 sqft |
| 2024-02-01 | 0 days | 1,610 sqft |
| 2024-03-01 | 0 days | 1,620 sqft |
| 2024-04-01 | 0 days | 1,693 sqft |
| 2024-05-01 | 0 days | 1,618 sqft |
| 2024-06-01 | 0 days | 1,827 sqft |
| 2024-07-01 | 0 days | 1,800 sqft |
| 2024-08-01 | 0 days | 1,820 sqft |
| 2024-09-01 | 0 days | 1,641 sqft |
| 2024-10-01 | 0 days | 1,582 sqft |
| 2024-11-01 | 0 days | 1,510 sqft |
Bennettsville's median square footage for active listings during the 2024-11-01 period was 1,510 sqft. One year prior, the average listing was 1,556 sqft.