Brevard USDA Loan Rates, Closing Costs & Stats

Brevard, NC

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.

Brevard's 1 lenders originated 1 USDA loans during 2023. The total origination value was $195,000, with an average USDA loan value of $195,000.

Brevard USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Brevard averaged 6.75% for the week of 2024-07-12, compared to the national average (all USDA variants) of 6.672% for the same period.

Brevard's average USDA mortgage closing costs are $5,770.

The average rate for the prior week (2024-07-05) was 6.51% and one month ago for the week of 2024-06-07, the average rate was 6.48%.

The average rate one year ago was 6.66%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.77%.

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

Brevard 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 Brevard level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Integrity Home Mortgage Corp 1 6.13% $6,656

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Brevard (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 $379,225 (1.1%) $553,424 (-11.7%) 0.00 477
2018-02-01 $372,475 (-0.7%) $551,865 (-10.9%) 0.00 461
2018-03-01 $375,000 (1.0%) $565,005 (-8.1%) 0.00 462
2018-04-01 $374,950 (0.0%) $552,403 (-8.8%) 0.00 467
2018-05-01 $384,450 (2.5%) $559,488 (-7.6%) 0.00 480
2018-06-01 $399,000 (4.1%) $563,884 (-5.5%) 0.00 454
2018-07-01 $399,000 (1.8%) $561,436 (-5.4%) 0.00 475
2018-08-01 $399,900 (0.0%) $575,176 (-3.7%) 0.00 464
2018-09-01 $399,900 (0.0%) $570,906 (-4.6%) 0.00 469
2018-10-01 $399,900 (0.0%) $573,774 (-2.7%) 0.00 471
2018-11-01 $405,475 (1.5%) $575,686 (-1.6%) 0.00 451
2018-12-01 $419,450 (4.9%) $594,128 (0.7%) 0.00 424
2019-01-01 $425,000 (12.1%) $607,947 (9.9%) 0.00 371
2019-02-01 $430,000 (15.4%) $637,451 (15.5%) 0.00 366
2019-03-01 $435,857 (16.2%) $636,713 (12.7%) 0.00 375
2019-04-01 $447,357 (19.3%) $635,846 (15.1%) 0.00 389
2019-05-01 $429,875 (11.8%) $623,398 (11.4%) 0.00 425
2019-06-01 $439,000 (10.0%) $627,962 (11.4%) 0.00 442
2019-07-01 $449,500 (12.7%) $651,773 (16.1%) 0.00 442
2019-08-01 $445,909 (11.5%) $682,560 (18.7%) 0.00 470
2019-09-01 $439,773 (10.0%) $683,324 (19.7%) 0.00 458
2019-10-01 $435,682 (9.0%) $683,834 (19.2%) 0.00 445
2019-11-01 $425,000 (4.8%) $681,717 (18.4%) 0.00 407
2019-12-01 $425,000 (1.3%) $689,264 (16.0%) 0.00 370
2020-01-01 $426,000 (0.2%) $684,132 (12.5%) 0.00 340
2020-02-01 $426,000 (-0.9%) $676,253 (6.1%) 0.00 339
2020-03-01 $442,250 (1.5%) $685,191 (7.6%) 0.00 329
2020-04-01 $449,250 (0.4%) $682,397 (7.3%) 0.00 335
2020-05-01 $475,000 (10.5%) $691,754 (11.0%) 0.00 329
2020-06-01 $486,750 (10.9%) $716,502 (14.1%) 0.00 309
2020-07-01 $502,500 (11.8%) $742,887 (14.0%) 0.00 271
2020-08-01 $505,000 (13.3%) $738,616 (8.2%) 0.00 234
2020-09-01 $497,475 (13.1%) $735,820 (7.7%) 0.00 202
2020-10-01 $492,800 (13.1%) $747,116 (9.3%) 0.00 193
2020-11-01 $462,450 (8.8%) $713,059 (4.6%) 0.00 170
2020-12-01 $482,500 (13.5%) $742,459 (7.7%) 0.00 151
2021-01-01 $492,000 (15.5%) $773,261 (13.0%) 0.00 130
2021-02-01 $579,500 (36.0%) $864,027 (27.8%) 0.00 104
2021-03-01 $599,000 (35.4%) $878,855 (28.3%) 0.00 103
2021-04-01 $599,000 (33.3%) $946,815 (38.8%) 0.00 104
2021-05-01 $650,000 (36.8%) $1,090,843 (57.7%) 0.00 107
2021-06-01 $620,000 (27.4%) $988,529 (38.0%) 0.00 112
2021-07-01 $584,999 (16.4%) $925,398 (24.6%) 0.00 110
2021-08-01 $498,500 (-1.3%) $876,562 (18.7%) 0.00 108
2021-09-01 $626,000 (25.8%) $909,716 (23.6%) 0.00 106
2021-10-01 $650,000 (31.9%) $982,712 (31.5%) 0.00 109
2021-11-01 $744,388 (61.0%) $950,810 (33.3%) 0.00 110
2021-12-01 $749,000 (55.2%) $981,616 (32.2%) 0.00 93
2022-01-01 $795,000 (61.6%) $1,119,911 (44.8%) 0.00 79
2022-02-01 $737,400 (27.3%) $1,092,298 (26.4%) 0.00 73
2022-03-01 $745,000 (24.4%) $1,074,320 (22.2%) 0.00 72
2022-04-01 $649,000 (8.4%) $989,630 (4.5%) 0.00 79
2022-05-01 $603,675 (-7.1%) $927,764 (-15.0%) 0.00 95
2022-06-01 $632,450 (2.0%) $858,423 (-13.2%) 0.00 115
2022-07-01 $614,950 (5.1%) $837,671 (-9.5%) 0.00 144
2022-08-01 $597,200 (19.8%) $797,360 (-9.0%) 0.00 142
2022-09-01 $585,950 (-6.4%) $766,001 (-15.8%) 0.00 145
2022-10-01 $600,000 (-7.7%) $785,986 (-20.0%) 0.00 141
2022-11-01 $575,000 (-22.8%) $756,974 (-20.4%) 0.00 133
2022-12-01 $599,000 (-20.0%) $815,154 (-17.0%) 0.00 131
2023-01-01 $593,250 (-25.4%) $870,093 (-22.3%) 0.00 103
2023-02-01 $562,225 (-23.8%) $850,347 (-22.2%) 0.00 94
2023-03-01 $595,750 (-20.0%) $819,775 (-23.7%) 0.00 99
2023-04-01 $620,000 (-4.5%) $876,060 (-11.5%) 0.00 116
2023-05-01 $625,000 (3.5%) $916,037 (-1.3%) 0.00 126
2023-06-01 $642,250 (1.6%) $1,015,157 (18.3%) 0.00 122
2023-07-01 $650,000 (5.7%) $967,969 (15.6%) 0.00 138
2023-08-01 $664,000 (11.2%) $954,747 (19.7%) 0.00 149
2023-09-01 $661,500 (12.9%) $991,758 (29.5%) 0.00 149
2023-10-01 $626,225 (4.4%) $944,253 (20.1%) 0.00 179
2023-11-01 $649,950 (13.0%) $966,995 (27.7%) 0.00 176
2023-12-01 $650,000 (8.5%) $917,106 (12.5%) 0.00 144
2024-01-01 $675,000 (13.8%) $897,459 (3.2%) 0.00 124
2024-02-01 $685,000 (21.8%) $972,469 (14.4%) 0.00 105
2024-03-01 $665,000 (11.6%) $981,220 (19.7%) 0.00 124
2024-04-01 $692,000 (11.6%) $1,097,013 (25.2%) 0.00 142
2024-05-01 $690,500 (10.5%) $1,089,014 (18.9%) 0.00 163
2024-06-01 $695,000 (8.2%) $1,229,132 (21.1%) 0.00 183
Brevard's median listing price for 2024-06-01 was $695,000, a difference of $52,750 (8.2%) versus the prior year and $4,500 versus the prior month.

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

Brevard's average listing price for 2024-06-01 was $1,229,132, a difference of $213,975 (21.1%) versus the prior year and $140,118 versus the prior month.

For the 2024-06-01 period, Brevard had 183 MLS listings, a difference of 20 listings (12%) versus the prior month and 61 listings (50%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Brevard (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,250 sqft
2018-02-01 0 days 2,250 sqft
2018-03-01 0 days 2,250 sqft
2018-04-01 0 days 2,244 sqft
2018-05-01 0 days 2,250 sqft
2018-06-01 0 days 2,250 sqft
2018-07-01 0 days 2,250 sqft
2018-08-01 0 days 2,250 sqft
2018-09-01 0 days 2,250 sqft
2018-10-01 0 days 2,250 sqft
2018-11-01 0 days 2,250 sqft
2018-12-01 0 days 2,250 sqft
2019-01-01 0 days 2,250 sqft
2019-02-01 0 days 2,290 sqft
2019-03-01 0 days 2,312 sqft
2019-04-01 0 days 2,325 sqft
2019-05-01 0 days 2,304 sqft
2019-06-01 0 days 2,355 sqft
2019-07-01 0 days 2,357 sqft
2019-08-01 0 days 2,356 sqft
2019-09-01 0 days 2,356 sqft
2019-10-01 0 days 2,356 sqft
2019-11-01 0 days 2,339 sqft
2019-12-01 0 days 2,298 sqft
2020-01-01 0 days 2,269 sqft
2020-02-01 0 days 2,250 sqft
2020-03-01 0 days 2,295 sqft
2020-04-01 0 days 2,356 sqft
2020-05-01 0 days 2,460 sqft
2020-06-01 0 days 2,540 sqft
2020-07-01 0 days 2,575 sqft
2020-08-01 0 days 2,544 sqft
2020-09-01 0 days 2,352 sqft
2020-10-01 0 days 2,248 sqft
2020-11-01 0 days 2,115 sqft
2020-12-01 0 days 2,174 sqft
2021-01-01 0 days 2,180 sqft
2021-02-01 0 days 2,371 sqft
2021-03-01 0 days 2,616 sqft
2021-04-01 0 days 2,204 sqft
2021-05-01 0 days 2,252 sqft
2021-06-01 0 days 2,252 sqft
2021-07-01 0 days 2,223 sqft
2021-08-01 0 days 2,086 sqft
2021-09-01 0 days 2,430 sqft
2021-10-01 0 days 2,368 sqft
2021-11-01 0 days 2,364 sqft
2021-12-01 0 days 2,350 sqft
2022-01-01 0 days 2,400 sqft
2022-02-01 0 days 2,289 sqft
2022-03-01 0 days 2,051 sqft
2022-04-01 0 days 2,060 sqft
2022-05-01 0 days 2,069 sqft
2022-06-01 0 days 2,041 sqft
2022-07-01 0 days 2,132 sqft
2022-08-01 0 days 2,064 sqft
2022-09-01 0 days 2,067 sqft
2022-10-01 0 days 2,190 sqft
2022-11-01 0 days 2,139 sqft
2022-12-01 0 days 2,262 sqft
2023-01-01 0 days 2,226 sqft
2023-02-01 0 days 2,006 sqft
2023-03-01 0 days 2,111 sqft
2023-04-01 0 days 2,180 sqft
2023-05-01 0 days 2,160 sqft
2023-06-01 0 days 2,294 sqft
2023-07-01 0 days 2,255 sqft
2023-08-01 0 days 2,290 sqft
2023-09-01 0 days 2,342 sqft
2023-10-01 0 days 2,188 sqft
2023-11-01 0 days 2,119 sqft
2023-12-01 0 days 2,058 sqft
2024-01-01 0 days 2,055 sqft
2024-02-01 0 days 2,019 sqft
2024-03-01 0 days 2,068 sqft
2024-04-01 0 days 2,048 sqft
2024-05-01 0 days 2,106 sqft
2024-06-01 0 days 2,068 sqft
Brevard's median listing age (time on market) for 2024-06-01 was 0 days.

Brevard's median square footage for active listings during the 2024-06-01 period was 2,068 sqft. One year prior, the average listing was 2,294 sqft.