Calhoun USDA Loan Rates, Closing Costs & Stats

Calhoun, GA

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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.

    Calhoun's 17 lenders originated 29 USDA loans during 2023. The total origination value was $6,325,000, with an average USDA loan value of $218,103.

    Calhoun USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Calhoun averaged 6.65% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Calhoun's average USDA mortgage closing costs are $5,044.

    The average rate for the prior week (2024-04-12) was 6.71% and one month ago for the week of 2024-03-15, the average rate was 6.49%.

    The average rate one year ago was 6.03%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.76%.

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

    Calhoun 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 Calhoun level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    HOMESTAR FINANCIAL CORPORATION 4 6.59% $4,498
    SWBC MORTGAGE CORPORATION 4 6.72% $4,425
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.08% $8,730
    BANKSOUTH MORTGAGE COMPANY, LLC 2 6.37% $12,706
    HOMESPIRE MORTGAGE CORPORATION 1 7.13% $7,407
    MOVEMENT MORTGAGE, LLC 1 5.75% $7,624
    Northpointe Bank 1 5.75% $7,557
    PLAZA HOME MORTGAGE, INC. 1 5.50% $10,340
    Renasant Bank 1 6.50% $6,118
    Synovus Bank 1 6.13% $9,348
    TJC Mortgage, Inc. 1 6.88% $7,874
    UNITED WHOLESALE MORTGAGE, LLC 1 5.88% $6,456
    ACOPIA, LLC 1 6.49% $8,750
    Wells Fargo Bank 1 5.88% $9,389
    Encompass Lending Group, LP 1 6.88% $9,349
    FirstBank 1 6.50% $7,604
    GUARANTEED RATE, INC. 1 6.20% $5,228

    The top Calhoun USDA lender as defined by loan originations is HOMESTAR FINANCIAL CORPORATION, with 4 USDA loans originated. Their average total fees are $4,498, which is $73 higher than the next largest lender, SWBC MORTGAGE CORPORATION.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Calhoun (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 $170,675 (0.5%) $301,899 (1.2%) 0.00 161
    2018-02-01 $164,750 (-5.8%) $312,015 (2.5%) 0.00 159
    2018-03-01 $156,900 (-12.8%) $286,691 (-9.6%) 0.00 191
    2018-04-01 $162,240 (-9.8%) $274,490 (-17.9%) 0.00 169
    2018-05-01 $172,445 (-4.8%) $273,123 (-17.0%) 0.00 171
    2018-06-01 $175,000 (-5.4%) $277,314 (-16.3%) 0.00 173
    2018-07-01 $178,675 (-3.4%) $273,733 (-18.2%) 0.00 177
    2018-08-01 $177,450 (-9.0%) $264,215 (-23.3%) 0.00 198
    2018-09-01 $179,900 (-7.7%) $271,673 (-23.8%) 0.00 172
    2018-10-01 $174,900 (-6.7%) $331,963 (-4.8%) 0.00 220
    2018-11-01 $171,695 (-7.1%) $330,746 (-2.9%) 0.00 223
    2018-12-01 $172,900 (-3.9%) $327,010 (9.2%) 0.00 232
    2019-01-01 $171,695 (0.6%) $319,749 (5.9%) 0.00 226
    2019-02-01 $178,650 (8.4%) $334,215 (7.1%) 0.00 222
    2019-03-01 $171,329 (9.2%) $306,890 (7.1%) 0.00 263
    2019-04-01 $159,900 (-1.4%) $263,426 (-4.0%) 0.00 313
    2019-05-01 $159,945 (-7.3%) $264,966 (-3.0%) 0.00 320
    2019-06-01 $159,990 (-8.6%) $267,920 (-3.4%) 0.00 308
    2019-07-01 $167,490 (-6.3%) $274,055 (0.1%) 0.00 314
    2019-08-01 $169,038 (-4.7%) $252,067 (-4.6%) 0.00 291
    2019-09-01 $167,745 (-6.8%) $230,083 (-15.3%) 0.00 270
    2019-10-01 $175,014 (0.1%) $233,804 (-29.6%) 0.00 222
    2019-11-01 $186,450 (8.6%) $248,241 (-25.0%) 0.00 186
    2019-12-01 $184,493 (6.7%) $240,057 (-26.6%) 0.00 180
    2020-01-01 $180,946 (5.4%) $243,835 (-23.7%) 0.00 166
    2020-02-01 $194,900 (9.1%) $240,821 (-27.9%) 0.00 146
    2020-03-01 $194,400 (13.5%) $252,776 (-17.6%) 0.00 124
    2020-04-01 $208,475 (30.4%) $275,394 (4.5%) 0.00 120
    2020-05-01 $199,900 (25.0%) $277,488 (4.7%) 0.00 104
    2020-06-01 $211,638 (32.3%) $296,265 (10.6%) 0.00 90
    2020-07-01 $206,925 (23.5%) $304,075 (11.0%) 0.00 78
    2020-08-01 $207,450 (22.7%) $315,179 (25.0%) 0.00 72
    2020-09-01 $221,900 (32.3%) $313,225 (36.1%) 0.00 84
    2020-10-01 $224,900 (28.5%) $323,679 (38.4%) 0.00 82
    2020-11-01 $210,350 (12.8%) $309,299 (24.6%) 0.00 94
    2020-12-01 $222,350 (20.5%) $316,037 (31.7%) 0.00 87
    2021-01-01 $222,350 (22.9%) $341,241 (40.0%) 0.00 76
    2021-02-01 $236,175 (21.2%) $392,291 (62.9%) 0.00 55
    2021-03-01 $236,183 (21.5%) $419,286 (65.9%) 0.00 54
    2021-04-01 $228,880 (9.8%) $375,784 (36.5%) 0.00 62
    2021-05-01 $247,450 (23.8%) $420,607 (51.6%) 0.00 57
    2021-06-01 $256,570 (21.2%) $395,563 (33.5%) 0.00 72
    2021-07-01 $252,439 (22.0%) $400,891 (31.8%) 0.00 81
    2021-08-01 $281,225 (35.6%) $406,112 (28.9%) 0.00 101
    2021-09-01 $249,975 (12.7%) $392,575 (25.3%) 0.00 114
    2021-10-01 $249,950 (11.1%) $391,901 (21.1%) 0.00 109
    2021-11-01 $269,950 (28.3%) $410,965 (32.9%) 0.00 96
    2021-12-01 $283,474 (27.5%) $446,137 (41.2%) 0.00 74
    2022-01-01 $284,900 (28.1%) $461,044 (35.1%) 0.00 60
    2022-02-01 $284,900 (20.6%) $542,905 (38.4%) 0.00 58
    2022-03-01 $289,950 (22.8%) $526,829 (25.7%) 0.00 56
    2022-04-01 $285,000 (24.5%) $487,218 (29.7%) 0.00 64
    2022-05-01 $283,450 (14.6%) $466,951 (11.0%) 0.00 78
    2022-06-01 $295,900 (15.3%) $471,340 (19.2%) 0.00 94
    2022-07-01 $294,967 (16.9%) $436,460 (8.9%) 0.00 116
    2022-08-01 $292,607 (4.1%) $438,365 (7.9%) 0.00 106
    2022-09-01 $295,950 (18.4%) $438,651 (11.7%) 0.00 123
    2022-10-01 $293,860 (17.6%) $424,559 (8.3%) 0.00 153
    2022-11-01 $292,720 (8.4%) $428,844 (4.4%) 0.00 153
    2022-12-01 $295,353 (4.2%) $419,352 (-6.0%) 0.00 148
    2023-01-01 $294,967 (3.5%) $416,810 (-9.6%) 0.00 136
    2023-02-01 $297,000 (4.3%) $424,454 (-21.8%) 0.00 128
    2023-03-01 $297,139 (2.5%) $437,171 (-17.0%) 0.00 117
    2023-04-01 $297,039 (4.2%) $447,480 (-8.2%) 0.00 110
    2023-05-01 $297,362 (4.9%) $460,247 (-1.4%) 0.00 107
    2023-06-01 $289,010 (-2.3%) $469,577 (-0.4%) 0.00 113
    2023-07-01 $302,360 (2.5%) $465,886 (6.7%) 0.00 112
    2023-08-01 $307,310 (5.0%) $485,322 (10.7%) 0.00 108
    2023-09-01 $319,900 (8.1%) $478,669 (9.1%) 0.00 112
    2023-10-01 $290,725 (-1.1%) $392,015 (-7.7%) 0.00 114
    2023-11-01 $304,596 (4.1%) $397,984 (-7.2%) 0.00 114
    2023-12-01 $323,550 (9.6%) $417,637 (-0.4%) 0.00 123
    2024-01-01 $309,250 (4.8%) $402,084 (-3.5%) 0.00 107
    2024-02-01 $321,150 (8.1%) $407,722 (-3.9%) 0.00 105
    2024-03-01 $329,900 (11.0%) $424,709 (-2.9%) 0.00 101
    Calhoun's median listing price for 2024-03-01 was $329,900, a difference of $32,761 (11.0%) versus the prior year and $8,750 versus the prior month.

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

    Calhoun's average listing price for 2024-03-01 was $424,709, a difference of $-12,462 (-2.9%) versus the prior year and $16,987 versus the prior month.

    For the 2024-03-01 period, Calhoun had 101 MLS listings, a difference of -4 listings (-4%) versus the prior month and -16 listings (-14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Calhoun (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,839 sqft
    2018-02-01 0 days 1,805 sqft
    2018-03-01 0 days 1,805 sqft
    2018-04-01 0 days 1,816 sqft
    2018-05-01 0 days 1,878 sqft
    2018-06-01 0 days 1,965 sqft
    2018-07-01 0 days 1,942 sqft
    2018-08-01 0 days 1,870 sqft
    2018-09-01 0 days 1,992 sqft
    2018-10-01 0 days 1,931 sqft
    2018-11-01 0 days 1,941 sqft
    2018-12-01 0 days 1,899 sqft
    2019-01-01 0 days 1,893 sqft
    2019-02-01 0 days 2,045 sqft
    2019-03-01 0 days 2,023 sqft
    2019-04-01 0 days 1,992 sqft
    2019-05-01 0 days 2,021 sqft
    2019-06-01 0 days 2,119 sqft
    2019-07-01 0 days 2,033 sqft
    2019-08-01 0 days 2,035 sqft
    2019-09-01 0 days 2,017 sqft
    2019-10-01 0 days 2,004 sqft
    2019-11-01 0 days 2,010 sqft
    2019-12-01 0 days 1,977 sqft
    2020-01-01 0 days 1,975 sqft
    2020-02-01 0 days 1,884 sqft
    2020-03-01 0 days 1,964 sqft
    2020-04-01 0 days 2,070 sqft
    2020-05-01 0 days 1,873 sqft
    2020-06-01 0 days 1,974 sqft
    2020-07-01 0 days 1,964 sqft
    2020-08-01 0 days 1,850 sqft
    2020-09-01 0 days 2,000 sqft
    2020-10-01 0 days 2,010 sqft
    2020-11-01 0 days 1,909 sqft
    2020-12-01 0 days 1,824 sqft
    2021-01-01 0 days 1,854 sqft
    2021-02-01 0 days 1,982 sqft
    2021-03-01 0 days 2,037 sqft
    2021-04-01 0 days 1,929 sqft
    2021-05-01 0 days 1,855 sqft
    2021-06-01 0 days 1,946 sqft
    2021-07-01 0 days 2,079 sqft
    2021-08-01 0 days 2,101 sqft
    2021-09-01 0 days 1,913 sqft
    2021-10-01 0 days 1,932 sqft
    2021-11-01 0 days 1,932 sqft
    2021-12-01 0 days 1,956 sqft
    2022-01-01 0 days 2,021 sqft
    2022-02-01 0 days 1,918 sqft
    2022-03-01 0 days 1,906 sqft
    2022-04-01 0 days 1,891 sqft
    2022-05-01 0 days 1,715 sqft
    2022-06-01 0 days 1,954 sqft
    2022-07-01 0 days 2,058 sqft
    2022-08-01 0 days 2,053 sqft
    2022-09-01 0 days 1,886 sqft
    2022-10-01 0 days 1,921 sqft
    2022-11-01 0 days 1,857 sqft
    2022-12-01 0 days 1,944 sqft
    2023-01-01 0 days 1,962 sqft
    2023-02-01 0 days 1,869 sqft
    2023-03-01 0 days 1,979 sqft
    2023-04-01 0 days 1,944 sqft
    2023-05-01 0 days 1,895 sqft
    2023-06-01 0 days 1,846 sqft
    2023-07-01 0 days 1,863 sqft
    2023-08-01 0 days 1,850 sqft
    2023-09-01 0 days 1,888 sqft
    2023-10-01 0 days 1,844 sqft
    2023-11-01 0 days 1,851 sqft
    2023-12-01 0 days 1,859 sqft
    2024-01-01 0 days 1,848 sqft
    2024-02-01 0 days 1,838 sqft
    2024-03-01 0 days 1,848 sqft
    Calhoun's median listing age (time on market) for 2024-03-01 was 0 days.

    Calhoun's median square footage for active listings during the 2024-03-01 period was 1,848 sqft. One year prior, the average listing was 1,979 sqft.