Canton USDA Loan Rates, Closing Costs & Stats

CANTON-MASSILLON, 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.

    Canton's 18 lenders originated 28 USDA loans during 2024. The total origination value was $4,630,000, with an average USDA loan value of $165,357.

    Canton USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Canton averaged 7.46% for the week of 2026-10-02, compared to the national average (all USDA variants) of 7.043% for the same period.

    Canton's average USDA mortgage closing costs are $4,828.

    The average rate for the prior week (2026-09-25) was 7.4% and one month ago for the week of 2026-08-28, the average rate was 6.66%.

    The average rate one year ago was 6.58%.

    For refis of the same type during the week of 2026-10-02, the average rate was 7.31%.

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

    Canton 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 Canton level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    POLARIS HOME FUNDING CORP. 6 6.81% $7,954
    CROSSCOUNTRY MORTGAGE, LLC 4 6.15% $7,134
    GUARANTEED RATE, INC. 2 6.25% $7,555
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 7.63% $5,754
    FIRST COMMUNITY MORTGAGE, INC. 1 6.25% $7,332
    Hometown Equity Mortgage, LLC 1 6.50% $7,253
    J. VIRGIL, INC. 1 6.63% $5,264
    NEWREZ LLC 1 5.75% $5,122
    PLAZA HOME MORTGAGE, INC. 1 7.13% $5,410
    Republic State Mortgage Co. 1 7.25% $8,733
    SUN WEST MORTGAGE COMPANY, INC. 1 7.13% $7,183
    T2 FINANCIAL LLC 1 6.63% $6,940
    The Huntington National Bank 1 6.88% $5,385
    UNION HOME MORTGAGE CORP. 1 6.38% $8,934
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.50% $9,843
    YOUR HOME FINANCIAL LLC 1 6.63% $5,563
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.63% $5,687
    Equity Prime Mortgage LLC 1 6.75% $7,000

    The top Canton USDA lender as defined by loan originations is POLARIS HOME FUNDING CORP., with 6 USDA loans originated. Their average total fees are $7,954, which is $820 higher than the next largest lender, CROSSCOUNTRY MORTGAGE, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Canton (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 $132,675 (6.2%) $182,646 (2.1%) 0.49 918
    2018-02-01 $130,425 (3.2%) $186,438 (-0.7%) 0.47 879
    2018-03-01 $139,700 (5.5%) $196,851 (3.0%) 0.49 846
    2018-04-01 $143,700 (10.6%) $204,708 (8.8%) 0.49 820
    2018-05-01 $153,700 (12.6%) $206,396 (4.0%) 0.51 830
    2018-06-01 $154,900 (6.9%) $207,674 (1.8%) 0.52 909
    2018-07-01 $155,450 (11.1%) $212,308 (6.9%) 0.52 953
    2018-08-01 $159,450 (13.9%) $211,786 (7.1%) 0.53 1,036
    2018-09-01 $158,900 (13.6%) $211,904 (10.8%) 0.53 1,077
    2018-10-01 $149,950 (8.7%) $208,891 (12.0%) 0.51 1,078
    2018-11-01 $145,075 (4.2%) $205,543 (10.4%) 0.49 1,066
    2018-12-01 $141,950 (5.2%) $203,771 (10.2%) 0.49 991
    2019-01-01 $144,675 (9.0%) $203,761 (11.6%) 0.50 882
    2019-02-01 $144,625 (10.9%) $205,784 (10.4%) 0.49 855
    2019-03-01 $156,671 (12.2%) $219,903 (11.7%) 0.51 784
    2019-04-01 $168,246 (17.1%) $231,657 (13.2%) 0.53 763
    2019-05-01 $166,575 (8.4%) $223,472 (8.3%) 0.52 810
    2019-06-01 $165,900 (7.1%) $222,821 (7.3%) 0.52 851
    2019-07-01 $160,995 (3.6%) $215,262 (1.4%) 0.50 934
    2019-08-01 $161,329 (1.2%) $212,870 (0.5%) 0.51 991
    2019-09-01 $163,338 (2.8%) $210,083 (-0.9%) 0.52 1,038
    2019-10-01 $164,677 (9.8%) $207,246 (-0.8%) 0.53 1,076
    2019-11-01 $159,900 (10.2%) $206,554 (0.5%) 0.52 1,049
    2019-12-01 $159,900 (12.7%) $203,729 (0.0%) 0.53 940
    2020-01-01 $159,788 (10.5%) $204,521 (0.4%) 0.53 844
    2020-02-01 $167,000 (15.5%) $214,515 (4.2%) 0.55 770
    2020-03-01 $169,900 (8.4%) $220,107 (0.1%) 0.53 698
    2020-04-01 $182,400 (8.4%) $227,691 (-1.7%) 0.57 686
    2020-05-01 $182,301 (9.4%) $238,206 (6.6%) 0.55 639
    2020-06-01 $189,900 (14.5%) $244,507 (9.7%) 0.56 554
    2020-07-01 $188,348 (17.0%) $241,240 (12.1%) 0.55 547
    2020-08-01 $180,500 (11.9%) $234,864 (10.3%) 0.52 537
    2020-09-01 $176,200 (7.9%) $235,645 (12.2%) 0.50 519
    2020-10-01 $164,900 (0.1%) $234,465 (13.1%) 0.47 547
    2020-11-01 $157,075 (-1.8%) $246,900 (19.5%) 0.46 508
    2020-12-01 $160,000 (0.1%) $243,732 (19.6%) 0.48 495
    2021-01-01 $163,450 (2.3%) $253,471 (23.9%) 0.49 422
    2021-02-01 $169,400 (1.4%) $264,160 (23.1%) 0.49 317
    2021-03-01 $179,900 (5.9%) $271,325 (23.3%) 0.51 303
    2021-04-01 $179,900 (-1.4%) $268,776 (18.0%) 0.49 296
    2021-05-01 $184,900 (1.4%) $260,181 (9.2%) 0.49 362
    2021-06-01 $193,200 (1.7%) $254,045 (3.9%) 0.51 421
    2021-07-01 $195,000 (3.5%) $254,465 (5.5%) 0.51 484
    2021-08-01 $184,900 (2.4%) $245,889 (4.7%) 0.49 485
    2021-09-01 $194,675 (10.5%) $245,813 (4.3%) 0.52 520
    2021-10-01 $179,950 (9.1%) $237,795 (1.4%) 0.48 538
    2021-11-01 $175,000 (11.4%) $236,655 (-4.2%) 0.47 463
    2021-12-01 $168,175 (5.1%) $224,813 (-7.8%) 0.46 409
    2022-01-01 $172,900 (5.8%) $235,429 (-7.1%) 0.47 320
    2022-02-01 $172,175 (1.6%) $228,472 (-13.5%) 0.45 282
    2022-03-01 $170,000 (-5.5%) $226,470 (-16.5%) 0.43 265
    2022-04-01 $174,900 (-2.8%) $250,962 (-6.6%) 0.42 261
    2022-05-01 $186,150 (0.7%) $253,574 (-2.5%) 0.43 358
    2022-06-01 $174,475 (-9.7%) $246,952 (-2.8%) 0.39 424
    2022-07-01 $199,000 (2.1%) $256,676 (0.9%) 0.45 533
    2022-08-01 $194,725 (5.3%) $261,375 (6.3%) 0.45 573
    2022-09-01 $192,200 (-1.3%) $259,586 (5.6%) 0.45 555
    2022-10-01 $180,000 (0.0%) $260,421 (9.5%) 0.42 545
    2022-11-01 $187,225 (7.0%) $270,119 (14.1%) 0.45 558
    2022-12-01 $190,000 (13.0%) $273,429 (21.6%) 0.47 489
    2023-01-01 $181,950 (5.2%) $271,672 (15.4%) 0.45 409
    2023-02-01 $187,000 (8.6%) $274,865 (20.3%) 0.45 365
    2023-03-01 $203,338 (19.6%) $268,380 (18.5%) 0.48 356
    2023-04-01 $216,000 (23.5%) $291,318 (16.1%) 0.50 360
    2023-05-01 $217,600 (16.9%) $282,653 (11.5%) 0.49 334
    2023-06-01 $222,400 (27.5%) $285,107 (15.5%) 0.50 383
    2023-07-01 $229,950 (15.6%) $290,781 (13.3%) 0.52 418
    2023-08-01 $249,000 (27.9%) $300,409 (14.9%) 0.57 439
    2023-09-01 $235,450 (22.5%) $293,777 (13.2%) 0.55 473
    2023-10-01 $241,500 (34.2%) $293,805 (12.8%) 0.57 519
    2023-11-01 $234,925 (25.5%) $288,044 (6.6%) 0.56 565
    2023-12-01 $229,950 (21.0%) $283,474 (3.7%) 0.56 547
    2024-01-01 $237,425 (30.5%) $294,784 (8.5%) 0.58 435
    2024-02-01 $242,400 (29.6%) $291,890 (6.2%) 0.58 396
    2024-03-01 $239,950 (18.0%) $304,706 (13.5%) 0.56 345
    2024-04-01 $249,945 (15.7%) $315,444 (8.3%) 0.58 330
    2024-05-01 $262,200 (20.5%) $326,183 (15.4%) 0.60 344
    2024-06-01 $249,900 (12.4%) $301,566 (5.8%) 0.57 405
    2024-07-01 $260,725 (13.4%) $317,122 (9.1%) 0.60 465
    2024-08-01 $264,000 (6.0%) $314,932 (4.8%) 0.61 509
    2024-09-01 $258,675 (9.9%) $301,254 (2.6%) 0.61 526
    2024-10-01 $252,400 (4.5%) $301,009 (2.5%) 0.60 554
    2024-11-01 $246,000 (4.7%) $300,042 (4.2%) 0.59 577
    2024-12-01 $239,900 (4.3%) $287,116 (1.3%) 0.60 543
    2025-01-01 $235,850 (-0.7%) $285,625 (-3.1%) 0.59 470
    2025-02-01 $230,825 (-4.8%) $278,150 (-4.7%) 0.56 459
    2025-03-01 $239,900 (0.0%) $281,914 (-7.5%) 0.56 451
    2025-04-01 $249,950 (0.0%) $310,306 (-1.6%) 0.58 476
    2025-05-01 $259,900 (-0.9%) $326,389 (0.1%) 0.59 516
    2025-06-01 $272,950 (9.2%) $343,247 (13.8%) 0.62 528
    2025-07-01 $267,450 (2.6%) $331,421 (4.5%) 0.61 579
    2025-08-01 $269,900 (2.2%) $330,573 (5.0%) 0.63 582
    2025-09-01 $257,450 (-0.5%) $322,974 (7.2%) 0.61 654
    2025-10-01 $267,400 (5.9%) $321,187 (6.7%) 0.63 678
    2025-11-01 $249,900 (1.6%) $309,043 (3.0%) 0.60 648
    2025-12-01 $234,450 (-2.3%) $300,748 (4.8%) 0.59 592
    2026-01-01 $225,500 (-4.4%) $287,002 (0.5%) 0.56 522
    2026-02-01 $234,000 (1.4%) $296,604 (6.6%) 0.58 467
    2026-03-01 $239,900 (0.0%) $294,597 (4.5%) 0.58 458
    2026-04-01 $242,500 (-3.0%) $302,836 (-2.4%) 0.57 476
    2026-05-01 $259,000 (-0.4%) $312,258 (-4.3%) 0.60 555
    2026-06-01 $250,000 (-8.4%) $321,909 (-6.2%) 0.58 602
    2026-07-01 $257,950 (-3.6%) $328,572 (-0.9%) 0.60 632
    2026-08-01 $266,000 (-1.4%) $337,380 (2.1%) 0.63 670
    2026-09-01 $266,475 (3.5%) $333,673 (3.3%) 0.00 745
    Canton's median listing price for 2026-09-01 was $266,475, a difference of $9,025 (3.5%) versus the prior year and $475 versus the prior month.

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

    Canton's average listing price for 2026-09-01 was $333,673, a difference of $10,699 (3.3%) versus the prior year and $-3,707 versus the prior month.

    For the 2026-09-01 period, Canton had 745 MLS listings, a difference of 75 listings (11%) versus the prior month and 91 listings (14%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Canton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 65 days 1,578 sqft
    2018-02-01 59 days 1,569 sqft
    2018-03-01 47 days 1,620 sqft
    2018-04-01 42 days 1,656 sqft
    2018-05-01 41 days 1,680 sqft
    2018-06-01 40 days 1,716 sqft
    2018-07-01 41 days 1,803 sqft
    2018-08-01 40 days 1,819 sqft
    2018-09-01 43 days 1,805 sqft
    2018-10-01 48 days 1,773 sqft
    2018-11-01 47 days 1,731 sqft
    2018-12-01 58 days 1,724 sqft
    2019-01-01 65 days 1,715 sqft
    2019-02-01 49 days 1,731 sqft
    2019-03-01 43 days 1,763 sqft
    2019-04-01 37 days 1,808 sqft
    2019-05-01 36 days 1,697 sqft
    2019-06-01 39 days 1,716 sqft
    2019-07-01 41 days 1,691 sqft
    2019-08-01 40 days 1,709 sqft
    2019-09-01 39 days 1,750 sqft
    2019-10-01 39 days 1,770 sqft
    2019-11-01 48 days 1,728 sqft
    2019-12-01 59 days 1,718 sqft
    2020-01-01 66 days 1,717 sqft
    2020-02-01 47 days 1,755 sqft
    2020-03-01 51 days 1,779 sqft
    2020-04-01 48 days 1,785 sqft
    2020-05-01 57 days 1,768 sqft
    2020-06-01 47 days 1,825 sqft
    2020-07-01 40 days 1,806 sqft
    2020-08-01 42 days 1,761 sqft
    2020-09-01 44 days 1,741 sqft
    2020-10-01 40 days 1,710 sqft
    2020-11-01 49 days 1,680 sqft
    2020-12-01 52 days 1,689 sqft
    2021-01-01 58 days 1,685 sqft
    2021-02-01 53 days 1,675 sqft
    2021-03-01 38 days 1,712 sqft
    2021-04-01 32 days 1,738 sqft
    2021-05-01 27 days 1,720 sqft
    2021-06-01 24 days 1,762 sqft
    2021-07-01 26 days 1,767 sqft
    2021-08-01 32 days 1,699 sqft
    2021-09-01 32 days 1,702 sqft
    2021-10-01 33 days 1,682 sqft
    2021-11-01 40 days 1,662 sqft
    2021-12-01 44 days 1,630 sqft
    2022-01-01 48 days 1,600 sqft
    2022-02-01 42 days 1,633 sqft
    2022-03-01 30 days 1,618 sqft
    2022-04-01 29 days 1,664 sqft
    2022-05-01 24 days 1,694 sqft
    2022-06-01 29 days 1,592 sqft
    2022-07-01 29 days 1,680 sqft
    2022-08-01 33 days 1,647 sqft
    2022-09-01 36 days 1,634 sqft
    2022-10-01 37 days 1,600 sqft
    2022-11-01 40 days 1,645 sqft
    2022-12-01 47 days 1,610 sqft
    2023-01-01 59 days 1,593 sqft
    2023-02-01 48 days 1,567 sqft
    2023-03-01 34 days 1,615 sqft
    2023-04-01 35 days 1,668 sqft
    2023-05-01 35 days 1,698 sqft
    2023-06-01 33 days 1,727 sqft
    2023-07-01 34 days 1,728 sqft
    2023-08-01 36 days 1,762 sqft
    2023-09-01 36 days 1,700 sqft
    2023-10-01 33 days 1,668 sqft
    2023-11-01 36 days 1,652 sqft
    2023-12-01 45 days 1,648 sqft
    2024-01-01 56 days 1,646 sqft
    2024-02-01 42 days 1,618 sqft
    2024-03-01 40 days 1,629 sqft
    2024-04-01 33 days 1,726 sqft
    2024-05-01 25 days 1,784 sqft
    2024-06-01 29 days 1,770 sqft
    2024-07-01 30 days 1,802 sqft
    2024-08-01 31 days 1,800 sqft
    2024-09-01 31 days 1,795 sqft
    2024-10-01 33 days 1,782 sqft
    2024-11-01 35 days 1,783 sqft
    2024-12-01 43 days 1,716 sqft
    2025-01-01 52 days 1,697 sqft
    2025-02-01 39 days 1,640 sqft
    2025-03-01 35 days 1,720 sqft
    2025-04-01 30 days 1,748 sqft
    2025-05-01 30 days 1,783 sqft
    2025-06-01 31 days 1,803 sqft
    2025-07-01 31 days 1,785 sqft
    2025-08-01 33 days 1,798 sqft
    2025-09-01 32 days 1,783 sqft
    2025-10-01 35 days 1,796 sqft
    2025-11-01 34 days 1,763 sqft
    2025-12-01 44 days 1,703 sqft
    2026-01-01 52 days 1,680 sqft
    2026-02-01 43 days 1,699 sqft
    2026-03-01 37 days 1,677 sqft
    2026-04-01 35 days 1,692 sqft
    2026-05-01 32 days 1,716 sqft
    2026-06-01 32 days 1,738 sqft
    2026-07-01 35 days 1,723 sqft
    2026-08-01 35 days 1,800 sqft
    2026-09-01 0 days 1,795 sqft
    Canton's median listing age (time on market) for 2026-09-01 was 0 days. This is -100% shorter than the same period one year ago.

    Canton's median square footage for active listings during the 2026-09-01 period was 1,795 sqft. One year prior, the average listing was 1,783 sqft.