Charlottesville USDA Loan Rates, Closing Costs & Stats
CHARLOTTESVILLE, VA
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.
Charlottesville's 12 lenders originated 15 USDA loans during 2024. The total origination value was $4,385,000, with an average USDA loan value of $292,333.
Charlottesville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Charlottesville
averaged
0.42%
for the week of 2025-07-04, compared to the national average (all USDA variants) of
0% for the same period.
Charlottesville's average USDA mortgage closing costs are $6,216.
The average rate for the prior week (2025-06-27) was
6.66% and
one month ago for the week of 2025-05-30, the
average rate was 6.55%.
The average rate one year ago was 7.04%.
For refis of the same type during the week of 2025-07-04, the average rate
was 0.05%.
Charlottesville 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 Charlottesville level.
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|---|---|---|
| Alcova Mortgage LLC | 2 | 7.00% | $3,235 |
| Waterstone Mortgage Corporation | 2 | 6.81% | $10,726 |
| C & F Mortgage Corporation | 1 | 6.00% | $6,742 |
| EVERETT FINANCIAL, INC. | 1 | 7.63% | $6,935 |
| F & M BANK CORP. | 1 | 6.38% | $7,445 |
| Integrity Home Mortgage Corp | 1 | 6.13% | $9,526 |
| MOVEMENT MORTGAGE, LLC | 1 | 7.25% | $7,429 |
| Prosperity Home Mortgage, LLC | 1 | 6.13% | $7,172 |
| TIDEWATER MORTGAGE SERVICES, INC. | 1 | 6.75% | $11,840 |
| Towne First Mortgage, LLC | 1 | 6.38% | $8,061 |
| UNION HOME MORTGAGE CORP. | 1 | 6.38% | $7,516 |
| Century Mortgage Company DBA Century Lending Company | 1 | 6.63% | $7,339 |
The top Charlottesville USDA lender as defined by loan originations is Alcova Mortgage LLC, with
2 USDA loans originated. Their average total fees are
$3,235, which is $7,492
lower than the next largest lender,
Waterstone Mortgage Corporation.
The lowest fee Charlottesville USDA lenders (with over 10 loans originated) are
.
The lowest rate Charlottesville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Charlottesville (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 | $409,945 (5.1%) | $580,123 (3.7%) | 1.52 | 1,062 |
| 2018-02-01 | $401,220 (1.0%) | $565,367 (-1.8%) | 1.46 | 1,094 |
| 2018-03-01 | $399,900 (1.1%) | $591,964 (0.1%) | 1.40 | 1,250 |
| 2018-04-01 | $399,945 (0.0%) | $576,749 (-2.6%) | 1.36 | 1,383 |
| 2018-05-01 | $399,968 (-2.7%) | $573,755 (-3.7%) | 1.34 | 1,463 |
| 2018-06-01 | $399,900 (-2.5%) | $583,215 (-1.3%) | 1.33 | 1,493 |
| 2018-07-01 | $399,900 (-2.5%) | $573,599 (-2.3%) | 1.34 | 1,477 |
| 2018-08-01 | $399,700 (-4.3%) | $604,269 (4.7%) | 1.34 | 1,453 |
| 2018-09-01 | $399,000 (-4.8%) | $584,376 (0.5%) | 1.34 | 1,482 |
| 2018-10-01 | $394,950 (-7.5%) | $583,849 (-1.3%) | 1.34 | 1,495 |
| 2018-11-01 | $399,431 (-5.3%) | $587,304 (2.0%) | 1.35 | 1,350 |
| 2018-12-01 | $391,200 (-5.5%) | $551,086 (-4.8%) | 1.35 | 1,180 |
| 2019-01-01 | $396,681 (-3.2%) | $564,092 (-2.8%) | 1.37 | 1,102 |
| 2019-02-01 | $404,698 (0.9%) | $590,215 (4.4%) | 1.37 | 1,134 |
| 2019-03-01 | $429,114 (7.3%) | $612,097 (3.4%) | 1.40 | 1,259 |
| 2019-04-01 | $434,738 (8.7%) | $634,855 (10.1%) | 1.38 | 1,389 |
| 2019-05-01 | $443,445 (10.9%) | $638,119 (11.2%) | 1.39 | 1,458 |
| 2019-06-01 | $429,900 (7.5%) | $609,562 (4.5%) | 1.34 | 1,457 |
| 2019-07-01 | $429,900 (7.5%) | $616,102 (7.4%) | 1.35 | 1,447 |
| 2019-08-01 | $429,723 (7.5%) | $613,386 (1.5%) | 1.36 | 1,432 |
| 2019-09-01 | $429,457 (7.6%) | $607,297 (3.9%) | 1.37 | 1,429 |
| 2019-10-01 | $429,405 (8.7%) | $592,377 (1.5%) | 1.39 | 1,420 |
| 2019-11-01 | $425,198 (6.5%) | $584,925 (-0.4%) | 1.39 | 1,296 |
| 2019-12-01 | $424,950 (8.6%) | $589,355 (6.9%) | 1.42 | 1,118 |
| 2020-01-01 | $439,725 (10.9%) | $617,128 (9.4%) | 1.47 | 1,019 |
| 2020-02-01 | $449,000 (11.0%) | $636,193 (7.8%) | 1.47 | 1,038 |
| 2020-03-01 | $452,144 (5.4%) | $635,275 (3.8%) | 1.42 | 1,096 |
| 2020-04-01 | $454,923 (4.6%) | $640,726 (0.9%) | 1.43 | 1,105 |
| 2020-05-01 | $467,900 (5.5%) | $647,763 (1.5%) | 1.42 | 1,108 |
| 2020-06-01 | $474,950 (10.5%) | $662,521 (8.7%) | 1.40 | 1,012 |
| 2020-07-01 | $479,895 (11.6%) | $670,089 (8.8%) | 1.39 | 947 |
| 2020-08-01 | $479,600 (11.6%) | $697,784 (13.8%) | 1.37 | 847 |
| 2020-09-01 | $493,700 (15.0%) | $720,442 (18.6%) | 1.41 | 774 |
| 2020-10-01 | $489,900 (14.1%) | $721,761 (21.8%) | 1.40 | 731 |
| 2020-11-01 | $487,250 (14.6%) | $826,784 (41.4%) | 1.42 | 670 |
| 2020-12-01 | $481,900 (13.4%) | $828,957 (40.7%) | 1.43 | 570 |
| 2021-01-01 | $479,000 (8.9%) | $868,807 (40.8%) | 1.43 | 499 |
| 2021-02-01 | $516,549 (15.0%) | $922,898 (45.1%) | 1.50 | 423 |
| 2021-03-01 | $499,425 (10.5%) | $904,255 (42.3%) | 1.42 | 454 |
| 2021-04-01 | $492,000 (8.2%) | $896,981 (40.0%) | 1.33 | 439 |
| 2021-05-01 | $481,495 (2.9%) | $881,078 (36.0%) | 1.28 | 471 |
| 2021-06-01 | $490,623 (3.3%) | $795,574 (20.1%) | 1.29 | 468 |
| 2021-07-01 | $464,990 (-3.1%) | $746,752 (11.4%) | 1.23 | 488 |
| 2021-08-01 | $461,224 (-3.8%) | $755,748 (8.3%) | 1.23 | 479 |
| 2021-09-01 | $482,470 (-2.3%) | $772,102 (7.2%) | 1.29 | 485 |
| 2021-10-01 | $499,000 (1.9%) | $846,637 (17.3%) | 1.33 | 446 |
| 2021-11-01 | $512,425 (5.2%) | $907,508 (9.8%) | 1.37 | 374 |
| 2021-12-01 | $499,950 (3.8%) | $881,794 (6.4%) | 1.35 | 330 |
| 2022-01-01 | $544,267 (13.6%) | $987,173 (13.6%) | 1.47 | 267 |
| 2022-02-01 | $556,200 (7.7%) | $981,053 (6.3%) | 1.45 | 261 |
| 2022-03-01 | $514,950 (3.1%) | $869,759 (-3.8%) | 1.29 | 304 |
| 2022-04-01 | $509,900 (3.6%) | $860,557 (-4.1%) | 1.22 | 341 |
| 2022-05-01 | $509,212 (5.8%) | $869,923 (-1.3%) | 1.16 | 444 |
| 2022-06-01 | $520,205 (6.0%) | $900,348 (13.2%) | 1.16 | 485 |
| 2022-07-01 | $513,110 (10.4%) | $926,967 (24.1%) | 1.16 | 528 |
| 2022-08-01 | $499,948 (8.4%) | $887,764 (17.5%) | 1.16 | 506 |
| 2022-09-01 | $499,000 (3.4%) | $875,741 (13.4%) | 1.17 | 515 |
| 2022-10-01 | $499,900 (0.2%) | $893,274 (5.5%) | 1.18 | 551 |
| 2022-11-01 | $499,495 (-2.5%) | $876,098 (-3.5%) | 1.20 | 551 |
| 2022-12-01 | $524,900 (5.0%) | $876,549 (-0.6%) | 1.30 | 506 |
| 2023-01-01 | $542,400 (-0.3%) | $901,031 (-8.7%) | 1.34 | 461 |
| 2023-02-01 | $569,850 (2.5%) | $949,862 (-3.2%) | 1.38 | 449 |
| 2023-03-01 | $584,900 (13.6%) | $933,633 (7.3%) | 1.38 | 469 |
| 2023-04-01 | $565,000 (10.8%) | $891,364 (3.6%) | 1.31 | 523 |
| 2023-05-01 | $562,941 (10.6%) | $874,511 (0.5%) | 1.28 | 518 |
| 2023-06-01 | $570,938 (9.8%) | $895,319 (-0.6%) | 1.28 | 513 |
| 2023-07-01 | $574,950 (12.1%) | $884,973 (-4.5%) | 1.31 | 499 |
| 2023-08-01 | $573,650 (14.7%) | $887,936 (0.0%) | 1.32 | 493 |
| 2023-09-01 | $553,488 (10.9%) | $885,305 (1.1%) | 1.29 | 505 |
| 2023-10-01 | $550,000 (10.0%) | $878,354 (-1.7%) | 1.29 | 538 |
| 2023-11-01 | $562,043 (12.5%) | $857,641 (-2.1%) | 1.34 | 542 |
| 2023-12-01 | $562,495 (7.2%) | $837,113 (-4.5%) | 1.37 | 476 |
| 2024-01-01 | $565,590 (4.3%) | $828,981 (-8.0%) | 1.38 | 435 |
| 2024-02-01 | $561,275 (-1.5%) | $867,277 (-8.7%) | 1.35 | 437 |
| 2024-03-01 | $594,925 (1.7%) | $933,462 (0.0%) | 1.40 | 452 |
| 2024-04-01 | $587,399 (4.0%) | $936,640 (5.1%) | 1.37 | 487 |
| 2024-05-01 | $613,725 (9.0%) | $1,003,099 (14.7%) | 1.40 | 517 |
| 2024-06-01 | $594,950 (4.2%) | $981,828 (9.7%) | 1.35 | 554 |
| 2024-07-01 | $598,200 (4.0%) | $993,867 (12.3%) | 1.37 | 546 |
| 2024-08-01 | $599,000 (4.4%) | $990,292 (11.5%) | 1.39 | 556 |
| 2024-09-01 | $567,500 (2.5%) | $975,248 (10.2%) | 1.34 | 582 |
| 2024-10-01 | $554,500 (0.8%) | $918,841 (4.6%) | 1.30 | 615 |
| 2024-11-01 | $550,000 (-2.1%) | $913,115 (6.5%) | 1.32 | 589 |
| 2024-12-01 | $532,950 (-5.3%) | $914,734 (9.3%) | 1.32 | 470 |
| 2025-01-01 | $547,750 (-3.2%) | $965,538 (16.5%) | 1.37 | 427 |
| 2025-02-01 | $545,742 (-2.8%) | $974,315 (12.3%) | 1.32 | 444 |
| 2025-03-01 | $552,500 (-7.1%) | $902,189 (-3.4%) | 1.30 | 529 |
| 2025-04-01 | $580,910 (-1.1%) | $898,633 (-4.1%) | 1.35 | 658 |
| 2025-05-01 | $587,400 (-4.3%) | $891,808 (-11.1%) | 1.34 | 760 |
Charlottesville's median listing price comes in at 134% of the national average.
Charlottesville's average listing price for 2025-05-01 was $891,808, a difference of $-111,291 (-11.1%) versus the prior year and $-6,825 versus the prior month.
For the 2025-05-01 period, Charlottesville had 760 MLS listings, a difference of 102 listings (16%) versus the prior month and 243 listings (47%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Charlottesville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 107 days | 2,394 sqft |
| 2018-02-01 | 83 days | 2,366 sqft |
| 2018-03-01 | 53 days | 2,372 sqft |
| 2018-04-01 | 51 days | 2,371 sqft |
| 2018-05-01 | 55 days | 2,390 sqft |
| 2018-06-01 | 65 days | 2,378 sqft |
| 2018-07-01 | 80 days | 2,380 sqft |
| 2018-08-01 | 87 days | 2,366 sqft |
| 2018-09-01 | 90 days | 2,350 sqft |
| 2018-10-01 | 92 days | 2,368 sqft |
| 2018-11-01 | 96 days | 2,374 sqft |
| 2018-12-01 | 105 days | 2,299 sqft |
| 2019-01-01 | 111 days | 2,314 sqft |
| 2019-02-01 | 104 days | 2,360 sqft |
| 2019-03-01 | 74 days | 2,397 sqft |
| 2019-04-01 | 52 days | 2,407 sqft |
| 2019-05-01 | 57 days | 2,439 sqft |
| 2019-06-01 | 71 days | 2,403 sqft |
| 2019-07-01 | 77 days | 2,413 sqft |
| 2019-08-01 | 80 days | 2,421 sqft |
| 2019-09-01 | 80 days | 2,429 sqft |
| 2019-10-01 | 81 days | 2,433 sqft |
| 2019-11-01 | 86 days | 2,392 sqft |
| 2019-12-01 | 99 days | 2,338 sqft |
| 2020-01-01 | 107 days | 2,344 sqft |
| 2020-02-01 | 98 days | 2,410 sqft |
| 2020-03-01 | 61 days | 2,448 sqft |
| 2020-04-01 | 61 days | 2,439 sqft |
| 2020-05-01 | 72 days | 2,483 sqft |
| 2020-06-01 | 83 days | 2,519 sqft |
| 2020-07-01 | 87 days | 2,495 sqft |
| 2020-08-01 | 72 days | 2,500 sqft |
| 2020-09-01 | 70 days | 2,451 sqft |
| 2020-10-01 | 66 days | 2,415 sqft |
| 2020-11-01 | 66 days | 2,402 sqft |
| 2020-12-01 | 84 days | 2,400 sqft |
| 2021-01-01 | 94 days | 2,309 sqft |
| 2021-02-01 | 77 days | 2,328 sqft |
| 2021-03-01 | 49 days | 2,288 sqft |
| 2021-04-01 | 44 days | 2,304 sqft |
| 2021-05-01 | 41 days | 2,327 sqft |
| 2021-06-01 | 48 days | 2,323 sqft |
| 2021-07-01 | 45 days | 2,263 sqft |
| 2021-08-01 | 50 days | 2,248 sqft |
| 2021-09-01 | 51 days | 2,275 sqft |
| 2021-10-01 | 61 days | 2,282 sqft |
| 2021-11-01 | 64 days | 2,255 sqft |
| 2021-12-01 | 68 days | 2,291 sqft |
| 2022-01-01 | 80 days | 2,305 sqft |
| 2022-02-01 | 52 days | 2,274 sqft |
| 2022-03-01 | 34 days | 2,179 sqft |
| 2022-04-01 | 32 days | 2,160 sqft |
| 2022-05-01 | 34 days | 2,220 sqft |
| 2022-06-01 | 39 days | 2,252 sqft |
| 2022-07-01 | 46 days | 2,236 sqft |
| 2022-08-01 | 53 days | 2,201 sqft |
| 2022-09-01 | 50 days | 2,211 sqft |
| 2022-10-01 | 46 days | 2,207 sqft |
| 2022-11-01 | 53 days | 2,199 sqft |
| 2022-12-01 | 65 days | 2,220 sqft |
| 2023-01-01 | 83 days | 2,240 sqft |
| 2023-02-01 | 81 days | 2,262 sqft |
| 2023-03-01 | 49 days | 2,275 sqft |
| 2023-04-01 | 44 days | 2,227 sqft |
| 2023-05-01 | 50 days | 2,255 sqft |
| 2023-06-01 | 56 days | 2,252 sqft |
| 2023-07-01 | 57 days | 2,247 sqft |
| 2023-08-01 | 48 days | 2,251 sqft |
| 2023-09-01 | 53 days | 2,263 sqft |
| 2023-10-01 | 51 days | 2,246 sqft |
| 2023-11-01 | 59 days | 2,234 sqft |
| 2023-12-01 | 73 days | 2,255 sqft |
| 2024-01-01 | 81 days | 2,233 sqft |
| 2024-02-01 | 51 days | 2,218 sqft |
| 2024-03-01 | 43 days | 2,265 sqft |
| 2024-04-01 | 41 days | 2,243 sqft |
| 2024-05-01 | 42 days | 2,298 sqft |
| 2024-06-01 | 48 days | 2,300 sqft |
| 2024-07-01 | 50 days | 2,299 sqft |
| 2024-08-01 | 56 days | 2,306 sqft |
| 2024-09-01 | 55 days | 2,266 sqft |
| 2024-10-01 | 46 days | 2,262 sqft |
| 2024-11-01 | 53 days | 2,221 sqft |
| 2024-12-01 | 64 days | 2,154 sqft |
| 2025-01-01 | 66 days | 2,128 sqft |
| 2025-02-01 | 54 days | 2,133 sqft |
| 2025-03-01 | 37 days | 2,145 sqft |
| 2025-04-01 | 36 days | 2,167 sqft |
| 2025-05-01 | 39 days | 2,193 sqft |
Charlottesville's median square footage for active listings during the 2025-05-01 period was 2,193 sqft. One year prior, the average listing was 2,298 sqft.