Bowling Green USDA Loan Rates, Closing Costs & Stats

BOWLING GREEN, KY

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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.

    Bowling Green's 27 lenders originated 64 USDA loans during 2023. The total origination value was $13,300,000, with an average USDA loan value of $207,813.

    Bowling Green USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Bowling Green averaged 6.36% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Bowling Green's average USDA mortgage closing costs are $4,872.

    The average rate for the prior week (2025-02-07) was 6.52% and one month ago for the week of 2025-01-10, the average rate was 6.27%.

    The average rate one year ago was 6.36%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.63%.

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

    Bowling Green 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 Bowling Green level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 12 6.44% $8,208
    STOCKTON MORTGAGE CORPORATION 9 6.39% $8,654
    RUOFF MORTGAGE COMPANY, INC. 4 6.31% $3,092
    SOUTH CENTRAL BANK, INC. 4 6.78% $5,616
    Magnolia Bank 4 5.91% $4,911
    U.S. Bank 3 7.21% $5,585
    Century Mortgage Company DBA Century Lending Company 3 6.00% $9,397
    FIRST COMMUNITY MORTGAGE, INC. 2 6.00% $7,177
    MORTGAGE INVESTORS GROUP, INC. 2 6.69% $5,778
    Citizens Bank 2 6.44% $4,912
    FBC MORTGAGE, LLC 2 4.50% $6,944
    Bank of England 2 7.00% $10,008
    ROSS MORTGAGE CORPORATION 1 6.63% $6,279
    Truist 1 4.88% $8,325
    ACOPIA, LLC 1 6.00% $5,229
    VILLAGE CAPITAL MORTGAGE 1 5.88% $7,286
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.75% $6,207
    BROKER SOLUTIONS, INC. 1 6.25% $9,763
    Centennial Bank 1 7.13% $7,217
    CMG MORTGAGE, INC. 1 5.75% $5,235
    Edmonton State Bank 1 6.88% $3,509
    Equity Prime Mortgage LLC 1 6.25% $6,983
    EVANSVILLE TEACHERS 1 6.88% $4,862
    FirstBank 1 6.50% $5,905
    German American Bank 1 6.25% $5,955
    HOMESIDE FINANCIAL, LLC 1 5.63% $9,880
    MOVEMENT MORTGAGE, LLC 1 6.75% $7,111

    The top Bowling Green USDA lender as defined by loan originations is ATLANTIC BAY MORTGAGE GROUP, L.L.C., with 12 USDA loans originated. Their average total fees are $8,208, which is $446 lower than the next largest lender, STOCKTON MORTGAGE CORPORATION.

    The lowest fee Bowling Green USDA lenders (with over 10 loans originated) are ATLANTIC BAY MORTGAGE GROUP, L.L.C. ($8,208), .

    The lowest rate Bowling Green USDA lenders (with over 10 loans originated) are ATLANTIC BAY MORTGAGE GROUP, L.L.C. (6.44%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bowling Green (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 $227,450 (1.1%) $292,287 (2.2%) 0.84 571
    2018-02-01 $236,975 (2.0%) $295,081 (-0.7%) 0.86 558
    2018-03-01 $239,900 (-3.6%) $292,594 (-3.2%) 0.84 572
    2018-04-01 $239,900 (-1.5%) $298,862 (-0.2%) 0.81 589
    2018-05-01 $241,331 (-2.2%) $302,945 (-0.2%) 0.80 627
    2018-06-01 $255,000 (0.5%) $309,629 (-0.4%) 0.86 640
    2018-07-01 $267,100 (6.9%) $319,404 (6.5%) 0.90 656
    2018-08-01 $269,925 (8.0%) $322,802 (5.9%) 0.90 694
    2018-09-01 $264,900 (10.4%) $318,081 (4.2%) 0.89 715
    2018-10-01 $257,450 (8.5%) $308,641 (1.1%) 0.87 753
    2018-11-01 $249,900 (9.0%) $300,328 (0.7%) 0.85 778
    2018-12-01 $249,900 (13.6%) $303,014 (4.5%) 0.86 746
    2019-01-01 $254,875 (12.1%) $305,582 (4.6%) 0.88 660
    2019-02-01 $258,400 (9.0%) $306,360 (3.8%) 0.87 682
    2019-03-01 $264,186 (10.1%) $312,771 (6.9%) 0.86 681
    2019-04-01 $266,710 (11.2%) $313,765 (5.0%) 0.85 701
    2019-05-01 $269,900 (11.8%) $313,896 (3.6%) 0.84 741
    2019-06-01 $269,900 (5.8%) $308,772 (-0.3%) 0.84 761
    2019-07-01 $260,552 (-2.5%) $299,686 (-6.2%) 0.82 788
    2019-08-01 $253,536 (-6.1%) $293,867 (-9.0%) 0.80 790
    2019-09-01 $251,491 (-5.1%) $289,566 (-9.0%) 0.80 795
    2019-10-01 $249,900 (-2.9%) $287,992 (-6.7%) 0.81 806
    2019-11-01 $249,700 (-0.1%) $291,097 (-3.1%) 0.82 820
    2019-12-01 $249,900 (0.0%) $299,345 (-1.2%) 0.83 688
    2020-01-01 $251,400 (-1.4%) $299,400 (-2.0%) 0.85 629
    2020-02-01 $259,900 (0.6%) $304,465 (-0.6%) 0.85 609
    2020-03-01 $259,900 (-1.6%) $310,925 (-0.6%) 0.82 586
    2020-04-01 $258,300 (-3.2%) $306,743 (-2.2%) 0.81 599
    2020-05-01 $259,900 (-3.7%) $306,180 (-2.5%) 0.79 577
    2020-06-01 $262,175 (-2.9%) $318,057 (3.0%) 0.78 522
    2020-07-01 $269,900 (3.6%) $320,927 (7.1%) 0.78 473
    2020-08-01 $269,900 (6.5%) $326,147 (11.0%) 0.77 440
    2020-09-01 $268,850 (6.9%) $336,722 (16.3%) 0.77 414
    2020-10-01 $264,900 (6.0%) $336,112 (16.7%) 0.76 385
    2020-11-01 $244,725 (-2.0%) $305,209 (4.9%) 0.72 397
    2020-12-01 $239,900 (-4.0%) $300,275 (0.3%) 0.71 381
    2021-01-01 $249,900 (-0.6%) $307,529 (2.7%) 0.75 335
    2021-02-01 $249,225 (-4.1%) $304,296 (-0.1%) 0.73 281
    2021-03-01 $253,675 (-2.4%) $311,551 (0.2%) 0.72 286
    2021-04-01 $262,400 (1.6%) $328,906 (7.2%) 0.71 229
    2021-05-01 $269,900 (3.9%) $354,912 (15.9%) 0.72 224
    2021-06-01 $265,925 (1.4%) $357,171 (12.3%) 0.70 237
    2021-07-01 $269,900 (0.0%) $370,789 (15.5%) 0.71 287
    2021-08-01 $287,175 (6.4%) $372,681 (14.3%) 0.76 318
    2021-09-01 $285,000 (6.0%) $371,162 (10.2%) 0.76 346
    2021-10-01 $285,000 (7.6%) $376,347 (12.0%) 0.76 359
    2021-11-01 $296,950 (21.3%) $381,733 (25.1%) 0.79 359
    2021-12-01 $299,225 (24.7%) $381,791 (27.2%) 0.81 314
    2022-01-01 $289,900 (16.0%) $378,813 (23.2%) 0.78 254
    2022-02-01 $297,950 (19.6%) $372,264 (22.3%) 0.77 226
    2022-03-01 $297,450 (17.3%) $396,530 (27.3%) 0.75 188
    2022-04-01 $309,900 (18.1%) $405,316 (23.2%) 0.74 199
    2022-05-01 $305,200 (13.1%) $402,446 (13.4%) 0.70 223
    2022-06-01 $324,900 (22.2%) $401,342 (12.4%) 0.72 270
    2022-07-01 $329,900 (22.2%) $395,778 (6.7%) 0.74 354
    2022-08-01 $334,131 (16.4%) $397,923 (6.8%) 0.77 355
    2022-09-01 $338,813 (18.9%) $399,218 (7.6%) 0.79 359
    2022-10-01 $338,900 (18.9%) $408,910 (8.7%) 0.79 399
    2022-11-01 $331,098 (11.5%) $658,892 (72.6%) 0.79 435
    2022-12-01 $323,450 (8.1%) $393,807 (3.2%) 0.80 417
    2023-01-01 $318,950 (10.0%) $392,463 (3.6%) 0.79 383
    2023-02-01 $329,650 (10.6%) $397,143 (6.7%) 0.80 397
    2023-03-01 $329,900 (10.9%) $400,933 (1.1%) 0.78 404
    2023-04-01 $337,250 (8.8%) $406,755 (0.4%) 0.79 402
    2023-05-01 $343,950 (12.7%) $422,198 (4.9%) 0.79 416
    2023-06-01 $352,750 (8.6%) $427,775 (6.6%) 0.79 464
    2023-07-01 $345,000 (4.6%) $422,066 (6.6%) 0.78 489
    2023-08-01 $337,400 (1.0%) $413,544 (3.9%) 0.77 524
    2023-09-01 $324,900 (-4.1%) $401,046 (0.5%) 0.76 545
    2023-10-01 $325,725 (-3.9%) $393,542 (-3.8%) 0.77 573
    2023-11-01 $318,175 (-3.9%) $383,193 (-41.8%) 0.76 594
    2023-12-01 $304,950 (-5.7%) $369,252 (-6.2%) 0.74 603
    2024-01-01 $309,400 (-3.0%) $366,644 (-6.6%) 0.76 571
    2024-02-01 $309,900 (-6.0%) $371,778 (-6.4%) 0.75 584
    2024-03-01 $314,900 (-4.6%) $385,711 (-3.8%) 0.74 598
    2024-04-01 $324,400 (-3.8%) $394,698 (-3.0%) 0.76 624
    2024-05-01 $324,900 (-5.5%) $397,782 (-5.8%) 0.73 621
    2024-06-01 $324,900 (-7.9%) $391,528 (-8.5%) 0.73 660
    2024-07-01 $322,450 (-6.5%) $384,721 (-8.9%) 0.74 709
    2024-08-01 $315,000 (-6.6%) $382,895 (-7.4%) 0.73 729
    2024-09-01 $315,000 (-3.1%) $380,546 (-5.1%) 0.74 762
    2024-10-01 $313,400 (-3.8%) $376,296 (-4.4%) 0.74 772
    2024-11-01 $314,500 (-1.2%) $372,854 (-2.7%) 0.75 812
    2024-12-01 $314,375 (3.1%) $366,277 (-0.8%) 0.78 760
    2025-01-01 $314,500 (1.7%) $366,661 (0.0%) 0.00 727
    Bowling Green's median listing price for 2025-01-01 was $314,500, a difference of $5,100 (1.7%) versus the prior year and $125 versus the prior month.

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

    Bowling Green's average listing price for 2025-01-01 was $366,661, a difference of $17 (0.0%) versus the prior year and $384 versus the prior month.

    For the 2025-01-01 period, Bowling Green had 727 MLS listings, a difference of -33 listings (-4%) versus the prior month and 156 listings (27%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bowling Green (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 94 days 2,001 sqft
    2018-02-01 94 days 2,004 sqft
    2018-03-01 67 days 2,003 sqft
    2018-04-01 60 days 2,058 sqft
    2018-05-01 59 days 2,069 sqft
    2018-06-01 54 days 2,173 sqft
    2018-07-01 58 days 2,214 sqft
    2018-08-01 61 days 2,283 sqft
    2018-09-01 68 days 2,250 sqft
    2018-10-01 71 days 2,194 sqft
    2018-11-01 73 days 2,122 sqft
    2018-12-01 85 days 2,100 sqft
    2019-01-01 88 days 2,100 sqft
    2019-02-01 87 days 2,100 sqft
    2019-03-01 81 days 2,146 sqft
    2019-04-01 74 days 2,170 sqft
    2019-05-01 63 days 2,180 sqft
    2019-06-01 59 days 2,181 sqft
    2019-07-01 61 days 2,163 sqft
    2019-08-01 62 days 2,090 sqft
    2019-09-01 66 days 2,067 sqft
    2019-10-01 68 days 2,053 sqft
    2019-11-01 71 days 2,035 sqft
    2019-12-01 81 days 2,012 sqft
    2020-01-01 95 days 2,011 sqft
    2020-02-01 99 days 2,049 sqft
    2020-03-01 76 days 2,072 sqft
    2020-04-01 68 days 2,029 sqft
    2020-05-01 74 days 2,011 sqft
    2020-06-01 75 days 2,047 sqft
    2020-07-01 73 days 2,062 sqft
    2020-08-01 68 days 2,075 sqft
    2020-09-01 55 days 2,054 sqft
    2020-10-01 57 days 2,000 sqft
    2020-11-01 51 days 1,856 sqft
    2020-12-01 58 days 1,844 sqft
    2021-01-01 73 days 1,862 sqft
    2021-02-01 66 days 1,796 sqft
    2021-03-01 45 days 1,834 sqft
    2021-04-01 39 days 1,812 sqft
    2021-05-01 38 days 1,860 sqft
    2021-06-01 32 days 1,798 sqft
    2021-07-01 31 days 1,850 sqft
    2021-08-01 32 days 1,900 sqft
    2021-09-01 37 days 1,914 sqft
    2021-10-01 44 days 1,866 sqft
    2021-11-01 49 days 1,955 sqft
    2021-12-01 52 days 1,988 sqft
    2022-01-01 65 days 1,851 sqft
    2022-02-01 50 days 1,813 sqft
    2022-03-01 37 days 1,821 sqft
    2022-04-01 26 days 1,830 sqft
    2022-05-01 31 days 1,854 sqft
    2022-06-01 31 days 1,963 sqft
    2022-07-01 33 days 2,008 sqft
    2022-08-01 46 days 1,940 sqft
    2022-09-01 49 days 1,943 sqft
    2022-10-01 45 days 1,979 sqft
    2022-11-01 52 days 1,950 sqft
    2022-12-01 64 days 1,940 sqft
    2023-01-01 79 days 1,930 sqft
    2023-02-01 62 days 1,917 sqft
    2023-03-01 51 days 1,919 sqft
    2023-04-01 58 days 1,925 sqft
    2023-05-01 53 days 1,961 sqft
    2023-06-01 46 days 1,977 sqft
    2023-07-01 47 days 1,914 sqft
    2023-08-01 51 days 1,899 sqft
    2023-09-01 54 days 1,825 sqft
    2023-10-01 63 days 1,817 sqft
    2023-11-01 68 days 1,801 sqft
    2023-12-01 74 days 1,723 sqft
    2024-01-01 79 days 1,735 sqft
    2024-02-01 67 days 1,748 sqft
    2024-03-01 52 days 1,750 sqft
    2024-04-01 52 days 1,770 sqft
    2024-05-01 54 days 1,808 sqft
    2024-06-01 51 days 1,793 sqft
    2024-07-01 51 days 1,748 sqft
    2024-08-01 60 days 1,717 sqft
    2024-09-01 61 days 1,704 sqft
    2024-10-01 64 days 1,700 sqft
    2024-11-01 69 days 1,694 sqft
    2024-12-01 80 days 1,691 sqft
    2025-01-01 0 days 1,693 sqft
    Bowling Green's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Bowling Green's median square footage for active listings during the 2025-01-01 period was 1,693 sqft. One year prior, the average listing was 1,735 sqft.