Carbondale USDA Loan Rates, Closing Costs & Stats

CARBONDALE-MARION, IL

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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.

    Carbondale's 22 lenders originated 70 USDA loans during 2023. The total origination value was $7,750,000, with an average USDA loan value of $110,714.

    Carbondale USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Carbondale averaged 6.46% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Carbondale's average USDA mortgage closing costs are $3,759.

    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 6.47%.

    The average rate one year ago was 6.66%.

    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.

    Carbondale 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 Carbondale level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUILD MORTGAGE COMPANY 17 6.59% $4,547
    Flagstar Bank, FSB 8 6.83% $3,631
    GUARANTEED RATE, INC. 7 6.56% $5,479
    Peoples National Bank , N.A. 7 5.95% $3,676
    Community Mortgage Banc Corporation 5 6.83% $3,722
    GERSHMAN INVESTMENT CORP. 5 7.00% $5,662
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.08% $2,698
    FirstTrust Home Loans, Inc. 2 7.50% $4,971
    FIRST CENTENNIAL MORTGAGE CORPORATION 2 6.69% $5,022
    Mortgage Research Center, LLC 2 6.25% $3,567
    The Federal Savings Bank 1 7.13% $6,420
    BROKER SOLUTIONS, INC. 1 5.99% $4,719
    United Community Bank 1 5.88% $3,134
    DAS Acquisition Company, LLC 1 7.13% $8,302
    FAIR WAY LENDING LLC 1 7.00% $7,618
    First Mid Bank & Trust 1 6.50% $3,741
    FLAT BRANCH MORTGAGE, INC. 1 6.75% $3,957
    Ixonia Bank 1 7.63% $7,160
    Midland States Bank 1 6.13% $6,356
    MUTUAL OF OMAHA MORTGAGE, INC. 1 6.75% $5,475
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.75% $4,612
    Regions Bank 1 6.25% $4,009

    The top Carbondale USDA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with 17 USDA loans originated. Their average total fees are $4,547, which is $916 higher than the next largest lender, Flagstar Bank, FSB.

    The lowest fee Carbondale USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY ($4,547), .

    The lowest rate Carbondale USDA lenders (with over 10 loans originated) are GUILD MORTGAGE COMPANY (6.59%), .

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Carbondale (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 $109,975 (10.0%) $151,270 (2.6%) 0.00 317
    2018-02-01 $109,450 (0.5%) $150,672 (1.0%) 0.00 323
    2018-03-01 $112,000 (12.1%) $149,767 (-1.1%) 0.00 354
    2018-04-01 $112,950 (4.6%) $153,440 (-2.3%) 0.00 362
    2018-05-01 $110,000 (7.4%) $152,395 (-0.6%) 0.00 349
    2018-06-01 $109,900 (7.3%) $149,636 (-1.5%) 0.00 360
    2018-07-01 $109,900 (4.7%) $150,766 (-3.9%) 0.00 350
    2018-08-01 $109,450 (0.5%) $149,635 (-1.7%) 0.00 356
    2018-09-01 $108,000 (-0.9%) $149,221 (-0.5%) 0.00 361
    2018-10-01 $104,975 (-4.1%) $145,915 (-3.3%) 0.00 355
    2018-11-01 $99,999 (-9.0%) $143,332 (-6.0%) 0.00 351
    2018-12-01 $99,900 (-9.1%) $144,418 (-5.0%) 0.00 342
    2019-01-01 $99,450 (-9.6%) $143,337 (-5.2%) 0.00 327
    2019-02-01 $99,975 (-8.7%) $148,847 (-1.2%) 0.00 308
    2019-03-01 $102,957 (-8.1%) $150,538 (0.5%) 0.00 312
    2019-04-01 $99,450 (-12.0%) $148,447 (-3.3%) 0.00 326
    2019-05-01 $98,750 (-10.2%) $146,898 (-3.6%) 0.00 333
    2019-06-01 $96,900 (-11.8%) $146,263 (-2.3%) 0.00 340
    2019-07-01 $97,625 (-11.2%) $145,107 (-3.8%) 0.00 333
    2019-08-01 $96,245 (-12.1%) $142,917 (-4.5%) 0.00 329
    2019-09-01 $95,489 (-11.6%) $141,459 (-5.2%) 0.00 332
    2019-10-01 $94,924 (-9.6%) $140,487 (-3.7%) 0.00 334
    2019-11-01 $95,250 (-4.8%) $139,841 (-2.4%) 0.00 321
    2019-12-01 $89,950 (-10.0%) $134,307 (-7.0%) 0.00 304
    2020-01-01 $89,999 (-9.5%) $137,023 (-4.4%) 0.00 289
    2020-02-01 $94,000 (-6.0%) $132,622 (-10.9%) 0.00 297
    2020-03-01 $95,749 (-7.0%) $137,152 (-8.9%) 0.00 306
    2020-04-01 $94,874 (-4.6%) $135,747 (-8.6%) 0.00 304
    2020-05-01 $99,000 (0.3%) $138,610 (-5.6%) 0.00 291
    2020-06-01 $94,499 (-2.5%) $134,297 (-8.2%) 0.00 284
    2020-07-01 $95,750 (-1.9%) $136,284 (-6.1%) 0.00 258
    2020-08-01 $93,000 (-3.4%) $137,900 (-3.5%) 0.00 245
    2020-09-01 $94,750 (-0.8%) $139,071 (-1.7%) 0.00 240
    2020-10-01 $98,750 (4.0%) $139,244 (-0.9%) 0.00 210
    2020-11-01 $103,050 (8.2%) $137,808 (-1.5%) 0.00 198
    2020-12-01 $100,425 (11.7%) $137,741 (2.6%) 0.00 183
    2021-01-01 $100,950 (12.2%) $141,000 (2.9%) 0.00 174
    2021-02-01 $106,175 (13.0%) $150,188 (13.2%) 0.00 143
    2021-03-01 $107,400 (12.2%) $156,674 (14.2%) 0.00 141
    2021-04-01 $111,000 (17.0%) $165,455 (21.9%) 0.00 129
    2021-05-01 $99,000 (0.0%) $151,293 (9.2%) 0.00 126
    2021-06-01 $109,950 (16.4%) $159,375 (18.7%) 0.00 118
    2021-07-01 $93,450 (-2.4%) $146,742 (7.7%) 0.00 122
    2021-08-01 $89,225 (-4.1%) $146,155 (6.0%) 0.00 119
    2021-09-01 $91,200 (-3.8%) $153,562 (10.4%) 0.00 120
    2021-10-01 $99,900 (1.2%) $155,147 (11.4%) 0.00 124
    2021-11-01 $77,438 (-24.9%) $143,363 (4.0%) 0.00 121
    2021-12-01 $74,925 (-25.4%) $138,542 (0.6%) 0.00 126
    2022-01-01 $69,000 (-31.7%) $117,471 (-16.7%) 0.00 138
    2022-02-01 $54,725 (-48.5%) $94,029 (-37.4%) 0.00 181
    2022-03-01 $68,225 (-36.5%) $106,304 (-32.2%) 0.00 95
    2022-04-01 $79,900 (-28.0%) $131,134 (-20.7%) 0.00 88
    2022-05-01 $92,625 (-6.4%) $152,900 (1.1%) 0.00 86
    2022-06-01 $106,750 (-2.9%) $158,650 (-0.5%) 0.00 89
    2022-07-01 $100,700 (7.8%) $157,425 (7.3%) 0.00 109
    2022-08-01 $113,000 (26.7%) $161,280 (10.4%) 0.00 118
    2022-09-01 $115,000 (26.1%) $184,693 (20.3%) 0.00 119
    2022-10-01 $109,800 (9.9%) $178,108 (14.8%) 0.00 122
    2022-11-01 $111,981 (44.6%) $179,749 (25.4%) 0.00 133
    2022-12-01 $111,963 (49.4%) $187,024 (35.0%) 0.00 121
    2023-01-01 $114,925 (66.6%) $187,071 (59.3%) 0.00 117
    2023-02-01 $114,950 (110.1%) $188,309 (100.3%) 0.00 106
    2023-03-01 $114,900 (68.4%) $195,247 (83.7%) 0.00 98
    2023-04-01 $110,000 (37.7%) $187,921 (43.3%) 0.00 104
    2023-05-01 $104,725 (13.1%) $183,280 (19.9%) 0.00 95
    2023-06-01 $96,850 (-9.3%) $184,667 (16.4%) 0.00 94
    2023-07-01 $108,000 (7.3%) $202,225 (28.5%) 0.00 96
    2023-08-01 $99,925 (-11.6%) $189,887 (17.7%) 0.00 100
    2023-09-01 $107,000 (-7.0%) $193,057 (4.5%) 0.00 111
    2023-10-01 $108,750 (-1.0%) $179,220 (0.6%) 0.00 113
    2023-11-01 $124,725 (11.4%) $190,382 (5.9%) 0.00 105
    2023-12-01 $110,000 (-1.8%) $175,290 (-6.3%) 0.00 107
    2024-01-01 $99,900 (-13.1%) $174,766 (-6.6%) 0.00 107
    2024-02-01 $91,500 (-20.4%) $157,684 (-16.3%) 0.00 122
    2024-03-01 $95,000 (-17.3%) $163,884 (-16.1%) 0.00 121
    2024-04-01 $93,500 (-15.0%) $162,084 (-13.8%) 0.00 128
    2024-05-01 $85,000 (-18.8%) $142,850 (-22.1%) 0.00 138
    2024-06-01 $95,000 (-1.9%) $158,115 (-14.4%) 0.00 139
    2024-07-01 $103,500 (-4.2%) $174,489 (-13.7%) 0.00 144
    2024-08-01 $109,000 (9.1%) $199,164 (4.9%) 0.00 147
    2024-09-01 $112,500 (5.1%) $194,515 (0.8%) 0.00 138
    2024-10-01 $126,250 (16.1%) $196,998 (9.9%) 0.00 138
    2024-11-01 $126,500 (1.4%) $190,994 (0.3%) 0.00 135
    2024-12-01 $114,850 (4.4%) $187,949 (7.2%) 0.00 139
    2025-01-01 $124,250 (24.4%) $188,411 (7.8%) 0.00 129
    Carbondale's median listing price for 2025-01-01 was $124,250, a difference of $24,350 (24.4%) versus the prior year and $9,400 versus the prior month.

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

    Carbondale's average listing price for 2025-01-01 was $188,411, a difference of $13,645 (7.8%) versus the prior year and $462 versus the prior month.

    For the 2025-01-01 period, Carbondale had 129 MLS listings, a difference of -10 listings (-7%) versus the prior month and 22 listings (21%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Carbondale (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,636 sqft
    2018-02-01 0 days 1,608 sqft
    2018-03-01 0 days 1,612 sqft
    2018-04-01 0 days 1,653 sqft
    2018-05-01 0 days 1,653 sqft
    2018-06-01 0 days 1,632 sqft
    2018-07-01 0 days 1,625 sqft
    2018-08-01 0 days 1,657 sqft
    2018-09-01 0 days 1,684 sqft
    2018-10-01 0 days 1,617 sqft
    2018-11-01 0 days 1,619 sqft
    2018-12-01 0 days 1,615 sqft
    2019-01-01 0 days 1,595 sqft
    2019-02-01 0 days 1,602 sqft
    2019-03-01 0 days 1,627 sqft
    2019-04-01 0 days 1,641 sqft
    2019-05-01 0 days 1,612 sqft
    2019-06-01 0 days 1,600 sqft
    2019-07-01 0 days 1,602 sqft
    2019-08-01 0 days 1,596 sqft
    2019-09-01 0 days 1,598 sqft
    2019-10-01 0 days 1,600 sqft
    2019-11-01 0 days 1,578 sqft
    2019-12-01 0 days 1,505 sqft
    2020-01-01 0 days 1,521 sqft
    2020-02-01 0 days 1,500 sqft
    2020-03-01 0 days 1,578 sqft
    2020-04-01 0 days 1,528 sqft
    2020-05-01 0 days 1,547 sqft
    2020-06-01 0 days 1,580 sqft
    2020-07-01 0 days 1,590 sqft
    2020-08-01 0 days 1,489 sqft
    2020-09-01 0 days 1,467 sqft
    2020-10-01 0 days 1,468 sqft
    2020-11-01 0 days 1,495 sqft
    2020-12-01 0 days 1,449 sqft
    2021-01-01 0 days 1,450 sqft
    2021-02-01 0 days 1,478 sqft
    2021-03-01 0 days 1,477 sqft
    2021-04-01 0 days 1,474 sqft
    2021-05-01 0 days 1,501 sqft
    2021-06-01 0 days 1,532 sqft
    2021-07-01 0 days 1,450 sqft
    2021-08-01 0 days 1,430 sqft
    2021-09-01 0 days 1,402 sqft
    2021-10-01 0 days 1,411 sqft
    2021-11-01 0 days 1,245 sqft
    2021-12-01 0 days 1,231 sqft
    2022-01-01 0 days 1,208 sqft
    2022-02-01 0 days 1,152 sqft
    2022-03-01 0 days 1,206 sqft
    2022-04-01 0 days 1,325 sqft
    2022-05-01 0 days 1,317 sqft
    2022-06-01 0 days 1,415 sqft
    2022-07-01 0 days 1,530 sqft
    2022-08-01 0 days 1,574 sqft
    2022-09-01 0 days 1,592 sqft
    2022-10-01 0 days 1,600 sqft
    2022-11-01 0 days 1,621 sqft
    2022-12-01 0 days 1,613 sqft
    2023-01-01 0 days 1,616 sqft
    2023-02-01 0 days 1,627 sqft
    2023-03-01 0 days 1,580 sqft
    2023-04-01 0 days 1,605 sqft
    2023-05-01 0 days 1,628 sqft
    2023-06-01 0 days 1,613 sqft
    2023-07-01 0 days 1,633 sqft
    2023-08-01 0 days 1,656 sqft
    2023-09-01 0 days 1,633 sqft
    2023-10-01 0 days 1,559 sqft
    2023-11-01 0 days 1,659 sqft
    2023-12-01 0 days 1,649 sqft
    2024-01-01 0 days 1,616 sqft
    2024-02-01 0 days 1,556 sqft
    2024-03-01 0 days 1,513 sqft
    2024-04-01 0 days 1,482 sqft
    2024-05-01 0 days 1,441 sqft
    2024-06-01 0 days 1,422 sqft
    2024-07-01 0 days 1,545 sqft
    2024-08-01 0 days 1,558 sqft
    2024-09-01 0 days 1,558 sqft
    2024-10-01 0 days 1,566 sqft
    2024-11-01 0 days 1,582 sqft
    2024-12-01 0 days 1,523 sqft
    2025-01-01 0 days 1,524 sqft
    Carbondale's median listing age (time on market) for 2025-01-01 was 0 days.

    Carbondale's median square footage for active listings during the 2025-01-01 period was 1,524 sqft. One year prior, the average listing was 1,616 sqft.