Bucyrus USDA Loan Rates, Closing Costs & Stats

Bucyrus-Galion, OH

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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.

    Bucyrus's 7 lenders originated 21 USDA loans during 2023. The total origination value was $2,855,000, with an average USDA loan value of $135,952.

    Bucyrus USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Bucyrus averaged 7.27% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Bucyrus's average USDA mortgage closing costs are $4,441.

    The average rate for the prior week (2024-04-12) was 6.92% and one month ago for the week of 2024-03-15, the average rate was 6.71%.

    The average rate one year ago was 6.34%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.96%.

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

    Bucyrus 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 Bucyrus level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    PLAZA HOME MORTGAGE, INC. 9 6.68% $6,247
    UNION HOME MORTGAGE CORP. 5 7.05% $6,223
    LOANDEPOT.COM, LLC 1 6.63% $5,322
    CARDINAL FINANCIAL 1 7.25% $4,669
    SUN WEST MORTGAGE COMPANY, INC. 1 7.63% $7,438
    NEWREZ LLC 1 6.25% $5,325
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $5,536

    The top Bucyrus USDA lender as defined by loan originations is PLAZA HOME MORTGAGE, INC., with 9 USDA loans originated. Their average total fees are $6,247, which is $23 higher than the next largest lender, UNION HOME MORTGAGE CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Bucyrus (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 $73,175 (4.7%) $91,639 (0.0%) 0.00 135
    2018-02-01 $69,200 (1.8%) $87,129 (0.3%) 0.00 138
    2018-03-01 $65,900 (-3.0%) $86,136 (0.0%) 0.00 122
    2018-04-01 $69,900 (0.0%) $94,621 (5.9%) 0.00 111
    2018-05-01 $77,400 (10.7%) $112,289 (21.0%) 0.00 125
    2018-06-01 $79,900 (14.3%) $116,241 (24.7%) 0.00 130
    2018-07-01 $78,675 (8.5%) $108,181 (11.2%) 0.00 133
    2018-08-01 $79,675 (6.4%) $106,363 (8.9%) 0.00 134
    2018-09-01 $79,900 (10.2%) $108,527 (12.8%) 0.00 133
    2018-10-01 $79,900 (5.2%) $109,167 (11.5%) 0.00 135
    2018-11-01 $84,700 (13.0%) $117,863 (22.4%) 0.00 123
    2018-12-01 $89,900 (20.0%) $118,313 (24.4%) 0.00 114
    2019-01-01 $82,900 (13.3%) $111,154 (21.3%) 0.00 114
    2019-02-01 $79,838 (15.4%) $109,139 (25.3%) 0.00 100
    2019-03-01 $78,000 (18.4%) $113,399 (31.7%) 0.00 90
    2019-04-01 $76,825 (9.9%) $116,982 (23.6%) 0.00 85
    2019-05-01 $74,675 (-3.5%) $106,898 (-4.8%) 0.00 95
    2019-06-01 $66,900 (-16.3%) $91,264 (-21.5%) 0.00 113
    2019-07-01 $71,650 (-8.9%) $101,310 (-6.4%) 0.00 123
    2019-08-01 $85,500 (7.3%) $113,530 (6.7%) 0.00 123
    2019-09-01 $90,000 (12.6%) $119,451 (10.1%) 0.00 117
    2019-10-01 $95,500 (19.5%) $123,891 (13.5%) 0.00 111
    2019-11-01 $89,900 (6.1%) $109,114 (-7.4%) 0.00 114
    2019-12-01 $90,000 (0.1%) $110,861 (-6.3%) 0.00 107
    2020-01-01 $89,900 (8.4%) $111,115 (0.0%) 0.00 86
    2020-02-01 $87,000 (9.0%) $115,178 (5.5%) 0.00 81
    2020-03-01 $78,675 (0.9%) $117,067 (3.2%) 0.00 72
    2020-04-01 $76,300 (-0.7%) $108,333 (-7.4%) 0.00 68
    2020-05-01 $69,900 (-6.4%) $98,043 (-8.3%) 0.00 64
    2020-06-01 $67,400 (0.8%) $108,344 (18.7%) 0.00 53
    2020-07-01 $69,975 (-2.3%) $119,280 (17.7%) 0.00 55
    2020-08-01 $74,900 (-12.4%) $112,607 (-0.8%) 0.00 51
    2020-09-01 $88,725 (-1.4%) $126,199 (5.7%) 0.00 49
    2020-10-01 $89,900 (-5.9%) $128,328 (3.6%) 0.00 55
    2020-11-01 $79,000 (-12.1%) $112,998 (3.6%) 0.00 56
    2020-12-01 $79,975 (-11.1%) $122,094 (10.1%) 0.00 45
    2021-01-01 $103,500 (15.1%) $130,967 (17.9%) 0.00 39
    2021-02-01 $118,000 (35.6%) $126,006 (9.4%) 0.00 28
    2021-03-01 $119,000 (51.3%) $130,413 (11.4%) 0.00 35
    2021-04-01 $86,175 (12.9%) $135,110 (24.7%) 0.00 25
    2021-05-01 $134,900 (93.0%) $139,692 (42.5%) 0.00 30
    2021-06-01 $132,450 (96.5%) $151,951 (40.3%) 0.00 36
    2021-07-01 $130,000 (85.8%) $167,864 (40.7%) 0.00 46
    2021-08-01 $112,425 (50.1%) $148,772 (32.1%) 0.00 52
    2021-09-01 $108,650 (22.5%) $139,726 (10.7%) 0.00 49
    2021-10-01 $129,900 (44.5%) $163,471 (27.4%) 0.00 50
    2021-11-01 $129,900 (64.4%) $167,224 (48.0%) 0.00 64
    2021-12-01 $139,450 (74.4%) $161,554 (32.3%) 0.00 64
    2022-01-01 $115,000 (11.1%) $147,097 (12.3%) 0.00 57
    2022-02-01 $109,900 (-6.9%) $137,716 (9.3%) 0.00 50
    2022-03-01 $123,675 (3.9%) $155,621 (19.3%) 0.00 36
    2022-04-01 $132,450 (53.7%) $163,663 (21.1%) 0.00 34
    2022-05-01 $138,650 (2.8%) $155,737 (11.5%) 0.00 42
    2022-06-01 $154,900 (17.0%) $174,568 (14.9%) 0.00 43
    2022-07-01 $129,375 (-0.5%) $160,413 (-4.4%) 0.00 49
    2022-08-01 $130,900 (16.4%) $170,042 (14.3%) 0.00 62
    2022-09-01 $119,900 (10.4%) $166,444 (19.1%) 0.00 53
    2022-10-01 $117,900 (-9.2%) $166,917 (2.1%) 0.00 79
    2022-11-01 $135,900 (4.6%) $173,603 (3.8%) 0.00 80
    2022-12-01 $154,500 (10.8%) $182,211 (12.8%) 0.00 83
    2023-01-01 $150,425 (30.8%) $174,506 (18.6%) 0.00 57
    2023-02-01 $137,600 (25.2%) $170,583 (23.9%) 0.00 46
    2023-03-01 $159,900 (29.3%) $169,548 (9.0%) 0.00 44
    2023-04-01 $162,450 (22.7%) $173,527 (6.0%) 0.00 50
    2023-05-01 $144,475 (4.2%) $178,759 (14.8%) 0.00 55
    2023-06-01 $154,925 (0.0%) $200,409 (14.8%) 0.00 49
    2023-07-01 $162,900 (25.9%) $200,671 (25.1%) 0.00 50
    2023-08-01 $193,713 (48.0%) $227,645 (33.9%) 0.00 48
    2023-09-01 $179,000 (49.3%) $206,279 (23.9%) 0.00 62
    2023-10-01 $186,725 (58.4%) $202,855 (21.5%) 0.00 69
    2023-11-01 $169,175 (24.5%) $196,507 (13.2%) 0.00 68
    2023-12-01 $175,000 (13.3%) $203,423 (11.6%) 0.00 59
    2024-01-01 $176,925 (17.6%) $207,720 (19.0%) 0.00 60
    2024-02-01 $179,650 (30.6%) $212,067 (24.3%) 0.00 47
    2024-03-01 $164,900 (3.1%) $208,211 (22.8%) 0.00 35
    Bucyrus's median listing price for 2024-03-01 was $164,900, a difference of $5,000 (3.1%) versus the prior year and $-14,750 versus the prior month.

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

    Bucyrus's average listing price for 2024-03-01 was $208,211, a difference of $38,663 (22.8%) versus the prior year and $-3,856 versus the prior month.

    For the 2024-03-01 period, Bucyrus had 35 MLS listings, a difference of -12 listings (-26%) versus the prior month and -9 listings (-20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Bucyrus (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,524 sqft
    2018-02-01 0 days 1,523 sqft
    2018-03-01 0 days 1,501 sqft
    2018-04-01 0 days 1,564 sqft
    2018-05-01 0 days 1,510 sqft
    2018-06-01 0 days 1,523 sqft
    2018-07-01 0 days 1,476 sqft
    2018-08-01 0 days 1,478 sqft
    2018-09-01 0 days 1,508 sqft
    2018-10-01 0 days 1,510 sqft
    2018-11-01 0 days 1,520 sqft
    2018-12-01 0 days 1,521 sqft
    2019-01-01 0 days 1,501 sqft
    2019-02-01 0 days 1,472 sqft
    2019-03-01 0 days 1,479 sqft
    2019-04-01 0 days 1,518 sqft
    2019-05-01 0 days 1,514 sqft
    2019-06-01 0 days 1,462 sqft
    2019-07-01 0 days 1,476 sqft
    2019-08-01 0 days 1,514 sqft
    2019-09-01 0 days 1,559 sqft
    2019-10-01 0 days 1,587 sqft
    2019-11-01 0 days 1,482 sqft
    2019-12-01 0 days 1,411 sqft
    2020-01-01 0 days 1,378 sqft
    2020-02-01 0 days 1,430 sqft
    2020-03-01 0 days 1,536 sqft
    2020-04-01 0 days 1,485 sqft
    2020-05-01 0 days 1,356 sqft
    2020-06-01 0 days 1,349 sqft
    2020-07-01 0 days 1,447 sqft
    2020-08-01 0 days 1,370 sqft
    2020-09-01 0 days 1,322 sqft
    2020-10-01 0 days 1,440 sqft
    2020-11-01 0 days 1,390 sqft
    2020-12-01 0 days 1,394 sqft
    2021-01-01 0 days 1,494 sqft
    2021-02-01 0 days 1,448 sqft
    2021-03-01 0 days 1,472 sqft
    2021-04-01 0 days 1,346 sqft
    2021-05-01 0 days 1,534 sqft
    2021-06-01 0 days 1,436 sqft
    2021-07-01 0 days 1,498 sqft
    2021-08-01 0 days 1,595 sqft
    2021-09-01 0 days 1,458 sqft
    2021-10-01 0 days 1,488 sqft
    2021-11-01 0 days 1,412 sqft
    2021-12-01 0 days 1,431 sqft
    2022-01-01 0 days 1,404 sqft
    2022-02-01 0 days 1,370 sqft
    2022-03-01 0 days 1,533 sqft
    2022-04-01 0 days 1,568 sqft
    2022-05-01 0 days 1,635 sqft
    2022-06-01 0 days 1,664 sqft
    2022-07-01 0 days 1,596 sqft
    2022-08-01 0 days 1,582 sqft
    2022-09-01 0 days 1,481 sqft
    2022-10-01 0 days 1,466 sqft
    2022-11-01 0 days 1,502 sqft
    2022-12-01 0 days 1,512 sqft
    2023-01-01 0 days 1,535 sqft
    2023-02-01 0 days 1,663 sqft
    2023-03-01 0 days 1,617 sqft
    2023-04-01 0 days 1,514 sqft
    2023-05-01 0 days 1,490 sqft
    2023-06-01 0 days 1,600 sqft
    2023-07-01 0 days 1,560 sqft
    2023-08-01 0 days 1,650 sqft
    2023-09-01 0 days 1,660 sqft
    2023-10-01 0 days 1,666 sqft
    2023-11-01 0 days 1,718 sqft
    2023-12-01 0 days 1,632 sqft
    2024-01-01 0 days 1,630 sqft
    2024-02-01 0 days 1,642 sqft
    2024-03-01 0 days 1,544 sqft
    Bucyrus's median listing age (time on market) for 2024-03-01 was 0 days.

    Bucyrus's median square footage for active listings during the 2024-03-01 period was 1,544 sqft. One year prior, the average listing was 1,617 sqft.