Cedartown USDA Loan Rates, Closing Costs & Stats
Cedartown, GA
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.
Cedartown's 19 lenders originated 35 USDA loans during 2023. The total origination value was $6,905,000, with an average USDA loan value of $197,286.
Cedartown USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Cedartown
averaged
6.84%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Cedartown's average USDA mortgage closing costs are $4,359.
The average rate for the prior week (2024-04-12) was
6.69% and
one month ago for the week of 2024-03-15, the
average rate was 6.68%.
The average rate one year ago was 6.62%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.66%.
Cedartown 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 Cedartown level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 8 | 6.97% | $5,847 |
| HOMESTAR FINANCIAL CORPORATION | 7 | 6.86% | $5,016 |
| SWBC MORTGAGE CORPORATION | 3 | 6.17% | $2,940 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 6.31% | $4,884 |
| CHURCHILL MORTGAGE CORPORATION | 1 | 6.75% | $8,862 |
| CMG MORTGAGE, INC. | 1 | 5.75% | $9,858 |
| DAS Acquisition Company, LLC | 1 | 7.25% | $6,457 |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | 1 | 6.50% | $5,050 |
| GUARANTEED RATE, INC. | 1 | 6.13% | $5,322 |
| HOMESIDE FINANCIAL, LLC | 1 | 6.63% | $10,830 |
| Magnolia Bank | 1 | 6.25% | $7,955 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 7.25% | $8,395 |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | 1 | 6.63% | $7,076 |
| SOUTHPOINT FINANCIAL SERVICES, INC. | 1 | 7.00% | $10,037 |
| Alcova Mortgage LLC | 1 | 5.99% | $6,387 |
| VANDERBILT MORTGAGE AND FINANCE, INC. | 1 | 6.25% | $8,165 |
| BANKSOUTH MORTGAGE COMPANY, LLC | 1 | 6.50% | $8,113 |
| CALCON MUTUAL MORTGAGE LLC | 1 | 5.75% | $6,787 |
| CARDINAL FINANCIAL | 1 | 6.50% | $14,971 |
The top Cedartown USDA lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with
8 USDA loans originated. Their average total fees are
$5,847, which is $831
higher than the next largest lender,
HOMESTAR FINANCIAL CORPORATION.
The lowest fee Cedartown USDA lenders (with over 10 loans originated) are
.
The lowest rate Cedartown USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Cedartown (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 | $146,175 (12.8%) | $182,011 (2.6%) | 0.00 | 132 |
| 2018-02-01 | $144,225 (8.9%) | $179,949 (-6.2%) | 0.00 | 130 |
| 2018-03-01 | $149,000 (14.6%) | $197,781 (6.2%) | 0.00 | 127 |
| 2018-04-01 | $169,900 (21.5%) | $290,756 (55.0%) | 0.00 | 113 |
| 2018-05-01 | $185,887 (24.0%) | $296,363 (51.3%) | 0.00 | 122 |
| 2018-06-01 | $175,900 (19.4%) | $297,132 (58.9%) | 0.00 | 133 |
| 2018-07-01 | $181,738 (29.9%) | $313,781 (72.9%) | 0.00 | 125 |
| 2018-08-01 | $177,908 (36.9%) | $309,551 (86.5%) | 0.00 | 136 |
| 2018-09-01 | $174,500 (29.4%) | $301,174 (72.0%) | 0.00 | 139 |
| 2018-10-01 | $152,100 (1.8%) | $259,381 (32.7%) | 0.00 | 181 |
| 2018-11-01 | $147,450 (-0.7%) | $264,992 (37.1%) | 0.00 | 170 |
| 2018-12-01 | $147,400 (1.0%) | $267,741 (42.1%) | 0.00 | 153 |
| 2019-01-01 | $139,900 (-4.3%) | $267,206 (46.8%) | 0.00 | 150 |
| 2019-02-01 | $159,925 (10.9%) | $311,346 (73.0%) | 0.00 | 123 |
| 2019-03-01 | $148,329 (-0.5%) | $301,116 (52.3%) | 0.00 | 125 |
| 2019-04-01 | $133,900 (-21.2%) | $270,615 (-6.9%) | 0.00 | 128 |
| 2019-05-01 | $134,425 (-27.7%) | $252,505 (-14.8%) | 0.00 | 147 |
| 2019-06-01 | $132,250 (-24.8%) | $245,802 (-17.3%) | 0.00 | 141 |
| 2019-07-01 | $143,000 (-21.3%) | $250,416 (-20.2%) | 0.00 | 148 |
| 2019-08-01 | $139,759 (-21.4%) | $254,521 (-17.8%) | 0.00 | 149 |
| 2019-09-01 | $146,898 (-15.8%) | $257,478 (-14.5%) | 0.00 | 146 |
| 2019-10-01 | $168,675 (10.9%) | $293,521 (13.2%) | 0.00 | 130 |
| 2019-11-01 | $187,700 (27.3%) | $311,865 (17.7%) | 0.00 | 119 |
| 2019-12-01 | $191,775 (30.1%) | $305,890 (14.3%) | 0.00 | 124 |
| 2020-01-01 | $193,330 (38.2%) | $313,228 (17.2%) | 0.00 | 116 |
| 2020-02-01 | $186,815 (16.8%) | $319,289 (2.6%) | 0.00 | 105 |
| 2020-03-01 | $174,900 (17.9%) | $306,452 (1.8%) | 0.00 | 100 |
| 2020-04-01 | $169,900 (26.9%) | $300,286 (11.0%) | 0.00 | 92 |
| 2020-05-01 | $179,900 (33.8%) | $330,796 (31.0%) | 0.00 | 67 |
| 2020-06-01 | $192,200 (45.3%) | $347,707 (41.5%) | 0.00 | 66 |
| 2020-07-01 | $194,250 (35.8%) | $369,739 (47.7%) | 0.00 | 53 |
| 2020-08-01 | $189,900 (35.9%) | $353,335 (38.8%) | 0.00 | 54 |
| 2020-09-01 | $223,662 (52.3%) | $416,662 (61.8%) | 0.00 | 51 |
| 2020-10-01 | $219,950 (30.4%) | $387,090 (31.9%) | 0.00 | 63 |
| 2020-11-01 | $197,400 (5.2%) | $363,255 (16.5%) | 0.00 | 73 |
| 2020-12-01 | $199,950 (4.3%) | $377,107 (23.3%) | 0.00 | 70 |
| 2021-01-01 | $215,000 (11.2%) | $397,001 (26.8%) | 0.00 | 63 |
| 2021-02-01 | $259,900 (39.1%) | $415,424 (30.1%) | 0.00 | 53 |
| 2021-03-01 | $246,175 (40.8%) | $433,808 (41.6%) | 0.00 | 40 |
| 2021-04-01 | $199,500 (17.4%) | $447,128 (48.9%) | 0.00 | 44 |
| 2021-05-01 | $214,900 (19.5%) | $482,804 (46.0%) | 0.00 | 48 |
| 2021-06-01 | $209,925 (9.2%) | $458,666 (31.9%) | 0.00 | 54 |
| 2021-07-01 | $217,500 (12.0%) | $517,804 (40.1%) | 0.00 | 51 |
| 2021-08-01 | $216,225 (13.9%) | $511,380 (44.7%) | 0.00 | 60 |
| 2021-09-01 | $205,550 (-8.1%) | $474,156 (13.8%) | 0.00 | 62 |
| 2021-10-01 | $222,994 (1.4%) | $471,777 (21.9%) | 0.00 | 62 |
| 2021-11-01 | $224,925 (13.9%) | $454,616 (25.2%) | 0.00 | 64 |
| 2021-12-01 | $228,650 (14.4%) | $437,833 (16.1%) | 0.00 | 70 |
| 2022-01-01 | $269,900 (25.5%) | $374,072 (-5.8%) | 0.00 | 62 |
| 2022-02-01 | $262,450 (1.0%) | $369,202 (-11.1%) | 0.00 | 49 |
| 2022-03-01 | $279,725 (13.6%) | $360,819 (-16.8%) | 0.00 | 51 |
| 2022-04-01 | $277,675 (39.2%) | $372,134 (-16.8%) | 0.00 | 47 |
| 2022-05-01 | $289,675 (34.8%) | $370,195 (-23.3%) | 0.00 | 54 |
| 2022-06-01 | $285,875 (36.2%) | $364,718 (-20.5%) | 0.00 | 78 |
| 2022-07-01 | $280,000 (28.7%) | $379,336 (-26.7%) | 0.00 | 86 |
| 2022-08-01 | $289,675 (34.0%) | $356,942 (-30.2%) | 0.00 | 101 |
| 2022-09-01 | $277,225 (34.9%) | $351,625 (-25.8%) | 0.00 | 103 |
| 2022-10-01 | $269,000 (20.6%) | $336,716 (-28.6%) | 0.00 | 103 |
| 2022-11-01 | $274,850 (22.2%) | $358,771 (-21.1%) | 0.00 | 101 |
| 2022-12-01 | $271,750 (18.9%) | $358,289 (-18.2%) | 0.00 | 93 |
| 2023-01-01 | $274,950 (1.9%) | $370,756 (-0.9%) | 0.00 | 87 |
| 2023-02-01 | $259,927 (-1.0%) | $360,339 (-2.4%) | 0.00 | 72 |
| 2023-03-01 | $259,988 (-7.1%) | $354,072 (-1.9%) | 0.00 | 69 |
| 2023-04-01 | $299,900 (8.0%) | $471,430 (26.7%) | 0.00 | 85 |
| 2023-05-01 | $299,950 (3.6%) | $497,305 (34.3%) | 0.00 | 77 |
| 2023-06-01 | $318,575 (11.4%) | $491,279 (34.7%) | 0.00 | 84 |
| 2023-07-01 | $309,450 (10.5%) | $458,719 (20.9%) | 0.00 | 95 |
| 2023-08-01 | $297,000 (2.5%) | $394,323 (10.5%) | 0.00 | 96 |
| 2023-09-01 | $299,999 (8.2%) | $442,784 (25.9%) | 0.00 | 93 |
| 2023-10-01 | $319,950 (18.9%) | $426,540 (26.7%) | 0.00 | 117 |
| 2023-11-01 | $315,000 (14.6%) | $424,396 (18.3%) | 0.00 | 120 |
| 2023-12-01 | $319,950 (17.7%) | $427,517 (19.3%) | 0.00 | 118 |
| 2024-01-01 | $308,975 (12.4%) | $425,545 (14.8%) | 0.00 | 110 |
| 2024-02-01 | $302,250 (16.3%) | $353,440 (-1.9%) | 0.00 | 98 |
| 2024-03-01 | $299,500 (15.2%) | $356,948 (0.8%) | 0.00 | 91 |
Cedartown's median listing price comes in at 0% of the national average.
Cedartown's average listing price for 2024-03-01 was $356,948, a difference of $2,876 (0.8%) versus the prior year and $3,508 versus the prior month.
For the 2024-03-01 period, Cedartown had 91 MLS listings, a difference of -7 listings (-7%) versus the prior month and 22 listings (32%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Cedartown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,797 sqft |
| 2018-02-01 | 0 days | 1,801 sqft |
| 2018-03-01 | 0 days | 1,781 sqft |
| 2018-04-01 | 0 days | 1,752 sqft |
| 2018-05-01 | 0 days | 1,897 sqft |
| 2018-06-01 | 0 days | 1,922 sqft |
| 2018-07-01 | 0 days | 1,939 sqft |
| 2018-08-01 | 0 days | 1,899 sqft |
| 2018-09-01 | 0 days | 1,798 sqft |
| 2018-10-01 | 0 days | 1,734 sqft |
| 2018-11-01 | 0 days | 1,702 sqft |
| 2018-12-01 | 0 days | 1,692 sqft |
| 2019-01-01 | 0 days | 1,792 sqft |
| 2019-02-01 | 0 days | 1,814 sqft |
| 2019-03-01 | 0 days | 1,808 sqft |
| 2019-04-01 | 0 days | 1,802 sqft |
| 2019-05-01 | 0 days | 1,822 sqft |
| 2019-06-01 | 0 days | 1,824 sqft |
| 2019-07-01 | 0 days | 1,900 sqft |
| 2019-08-01 | 0 days | 1,870 sqft |
| 2019-09-01 | 0 days | 1,826 sqft |
| 2019-10-01 | 0 days | 1,840 sqft |
| 2019-11-01 | 0 days | 2,064 sqft |
| 2019-12-01 | 0 days | 1,928 sqft |
| 2020-01-01 | 0 days | 1,918 sqft |
| 2020-02-01 | 0 days | 1,923 sqft |
| 2020-03-01 | 0 days | 1,915 sqft |
| 2020-04-01 | 0 days | 1,912 sqft |
| 2020-05-01 | 0 days | 1,914 sqft |
| 2020-06-01 | 0 days | 2,058 sqft |
| 2020-07-01 | 0 days | 2,326 sqft |
| 2020-08-01 | 0 days | 2,199 sqft |
| 2020-09-01 | 0 days | 2,040 sqft |
| 2020-10-01 | 0 days | 2,160 sqft |
| 2020-11-01 | 0 days | 1,962 sqft |
| 2020-12-01 | 0 days | 1,998 sqft |
| 2021-01-01 | 0 days | 1,901 sqft |
| 2021-02-01 | 0 days | 1,952 sqft |
| 2021-03-01 | 0 days | 1,934 sqft |
| 2021-04-01 | 0 days | 1,854 sqft |
| 2021-05-01 | 0 days | 1,783 sqft |
| 2021-06-01 | 0 days | 1,523 sqft |
| 2021-07-01 | 0 days | 1,843 sqft |
| 2021-08-01 | 0 days | 1,775 sqft |
| 2021-09-01 | 0 days | 1,685 sqft |
| 2021-10-01 | 0 days | 1,710 sqft |
| 2021-11-01 | 0 days | 1,750 sqft |
| 2021-12-01 | 0 days | 1,797 sqft |
| 2022-01-01 | 0 days | 1,867 sqft |
| 2022-02-01 | 0 days | 1,809 sqft |
| 2022-03-01 | 0 days | 1,810 sqft |
| 2022-04-01 | 0 days | 1,776 sqft |
| 2022-05-01 | 0 days | 1,761 sqft |
| 2022-06-01 | 0 days | 1,773 sqft |
| 2022-07-01 | 0 days | 1,746 sqft |
| 2022-08-01 | 0 days | 1,744 sqft |
| 2022-09-01 | 0 days | 1,739 sqft |
| 2022-10-01 | 0 days | 1,731 sqft |
| 2022-11-01 | 0 days | 1,708 sqft |
| 2022-12-01 | 0 days | 1,794 sqft |
| 2023-01-01 | 0 days | 1,842 sqft |
| 2023-02-01 | 0 days | 1,736 sqft |
| 2023-03-01 | 0 days | 1,618 sqft |
| 2023-04-01 | 0 days | 1,731 sqft |
| 2023-05-01 | 0 days | 1,739 sqft |
| 2023-06-01 | 0 days | 1,764 sqft |
| 2023-07-01 | 0 days | 1,778 sqft |
| 2023-08-01 | 0 days | 1,743 sqft |
| 2023-09-01 | 0 days | 1,820 sqft |
| 2023-10-01 | 0 days | 1,825 sqft |
| 2023-11-01 | 0 days | 1,792 sqft |
| 2023-12-01 | 0 days | 1,778 sqft |
| 2024-01-01 | 0 days | 1,761 sqft |
| 2024-02-01 | 0 days | 1,768 sqft |
| 2024-03-01 | 0 days | 1,742 sqft |
Cedartown's median square footage for active listings during the 2024-03-01 period was 1,742 sqft. One year prior, the average listing was 1,618 sqft.