Chillicothe USDA Loan Rates, Closing Costs & Stats

Chillicothe, 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.

    Chillicothe's 12 lenders originated 20 USDA loans during 2023. The total origination value was $3,550,000, with an average USDA loan value of $177,500.

    Chillicothe USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Chillicothe averaged 6.72% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

    Chillicothe's average USDA mortgage closing costs are $5,457.

    The average rate for the prior week (2024-12-06) was 6.36% and one month ago for the week of 2024-11-08, the average rate was 6.47%.

    The average rate one year ago was 6.84%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.4%.

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

    Chillicothe 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 Chillicothe level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    GUARANTEED RATE, INC. 5 6.85% $5,885
    UNION HOME MORTGAGE CORP. 3 6.88% $7,498
    GENEVA FINANCIAL, LLC 2 7.06% $7,835
    Citizens Bank 2 7.00% $5,026
    AMERICAN FINANCIAL RESOURCES, INC. 1 5.75% $8,882
    J. VIRGIL, INC. 1 7.13% $6,485
    POLARIS HOME FUNDING CORP. 1 6.25% $9,307
    T2 FINANCIAL LLC 1 6.00% $14,633
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.13% $10,650
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.25% $640
    CROSSCOUNTRY MORTGAGE, LLC 1 6.75% $4,448
    Fifth Third Bank 1 5.88% $5,054

    The top Chillicothe USDA lender as defined by loan originations is GUARANTEED RATE, INC., with 5 USDA loans originated. Their average total fees are $5,885, which is $1,614 lower than the next largest lender, UNION HOME MORTGAGE CORP..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Chillicothe (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 $140,750 (17.4%) $169,141 (9.7%) 0.00 229
    2018-02-01 $142,400 (21.7%) $166,767 (10.0%) 0.00 232
    2018-03-01 $146,500 (24.2%) $168,900 (11.3%) 0.00 237
    2018-04-01 $144,800 (18.2%) $170,783 (8.0%) 0.00 245
    2018-05-01 $144,600 (11.3%) $164,308 (0.1%) 0.00 248
    2018-06-01 $139,900 (3.7%) $164,398 (-1.4%) 0.00 242
    2018-07-01 $144,925 (9.1%) $173,331 (6.8%) 0.00 239
    2018-08-01 $139,500 (3.4%) $171,277 (4.1%) 0.00 226
    2018-09-01 $138,000 (2.3%) $175,085 (6.4%) 0.00 237
    2018-10-01 $133,400 (-4.2%) $166,391 (-3.0%) 0.00 242
    2018-11-01 $127,722 (-8.2%) $163,715 (-4.0%) 0.00 251
    2018-12-01 $127,995 (-7.9%) $165,259 (-2.3%) 0.00 230
    2019-01-01 $133,743 (-5.0%) $179,258 (6.0%) 0.00 231
    2019-02-01 $130,095 (-8.6%) $176,127 (5.6%) 0.00 211
    2019-03-01 $135,069 (-7.8%) $175,987 (4.2%) 0.00 206
    2019-04-01 $139,500 (-3.7%) $177,680 (4.0%) 0.00 188
    2019-05-01 $144,992 (0.3%) $183,190 (11.5%) 0.00 187
    2019-06-01 $149,900 (7.2%) $187,297 (13.9%) 0.00 181
    2019-07-01 $149,900 (3.4%) $185,401 (7.0%) 0.00 168
    2019-08-01 $149,900 (7.5%) $186,223 (8.7%) 0.00 169
    2019-09-01 $149,900 (8.6%) $187,560 (7.1%) 0.00 180
    2019-10-01 $154,450 (15.8%) $190,695 (14.6%) 0.00 183
    2019-11-01 $151,000 (18.2%) $190,611 (16.4%) 0.00 174
    2019-12-01 $148,950 (16.4%) $171,869 (4.0%) 0.00 150
    2020-01-01 $149,900 (12.1%) $171,695 (-4.2%) 0.00 135
    2020-02-01 $149,900 (15.2%) $188,291 (6.9%) 0.00 130
    2020-03-01 $161,975 (19.9%) $197,794 (12.4%) 0.00 113
    2020-04-01 $181,475 (30.1%) $213,511 (20.2%) 0.00 125
    2020-05-01 $189,900 (31.0%) $222,353 (21.4%) 0.00 116
    2020-06-01 $186,975 (24.7%) $234,881 (25.4%) 0.00 91
    2020-07-01 $193,225 (28.9%) $234,148 (26.3%) 0.00 80
    2020-08-01 $175,000 (16.7%) $230,869 (24.0%) 0.00 82
    2020-09-01 $179,925 (20.0%) $230,184 (22.7%) 0.00 73
    2020-10-01 $169,900 (10.0%) $220,240 (15.5%) 0.00 97
    2020-11-01 $169,900 (12.5%) $217,425 (14.1%) 0.00 110
    2020-12-01 $169,250 (13.6%) $219,277 (27.6%) 0.00 96
    2021-01-01 $169,450 (13.0%) $241,524 (40.7%) 0.00 82
    2021-02-01 $169,450 (13.0%) $268,336 (42.5%) 0.00 66
    2021-03-01 $164,475 (1.5%) $267,881 (35.4%) 0.00 52
    2021-04-01 $175,575 (-3.3%) $269,729 (26.3%) 0.00 52
    2021-05-01 $179,900 (-5.3%) $268,615 (20.8%) 0.00 53
    2021-06-01 $184,875 (-1.1%) $298,433 (27.1%) 0.00 57
    2021-07-01 $171,950 (-11.0%) $273,451 (16.8%) 0.00 76
    2021-08-01 $182,000 (4.0%) $277,784 (20.3%) 0.00 80
    2021-09-01 $194,700 (8.2%) $284,144 (23.4%) 0.00 78
    2021-10-01 $169,900 (0.0%) $261,221 (18.6%) 0.00 79
    2021-11-01 $163,675 (-3.7%) $266,450 (22.6%) 0.00 71
    2021-12-01 $170,975 (1.0%) $269,623 (23.0%) 0.00 65
    2022-01-01 $170,000 (0.3%) $293,763 (21.6%) 0.00 46
    2022-02-01 $154,825 (-8.6%) $313,225 (16.7%) 0.00 35
    2022-03-01 $240,725 (46.4%) $333,816 (24.6%) 0.00 44
    2022-04-01 $229,900 (30.9%) $318,714 (18.2%) 0.00 45
    2022-05-01 $230,725 (28.3%) $298,889 (11.3%) 0.00 55
    2022-06-01 $229,900 (24.4%) $328,364 (10.0%) 0.00 63
    2022-07-01 $237,450 (38.1%) $327,800 (19.9%) 0.00 84
    2022-08-01 $244,475 (34.3%) $343,290 (23.6%) 0.00 84
    2022-09-01 $228,375 (17.3%) $325,180 (14.4%) 0.00 85
    2022-10-01 $242,700 (42.9%) $339,930 (30.1%) 0.00 91
    2022-11-01 $241,750 (47.7%) $331,588 (24.5%) 0.00 92
    2022-12-01 $263,700 (54.2%) $336,586 (24.8%) 0.00 82
    2023-01-01 $253,750 (49.3%) $298,299 (1.5%) 0.00 70
    2023-02-01 $246,850 (59.4%) $307,088 (-2.0%) 0.00 60
    2023-03-01 $302,500 (25.7%) $337,415 (1.1%) 0.00 61
    2023-04-01 $314,450 (36.8%) $340,229 (6.8%) 0.00 58
    2023-05-01 $270,000 (17.0%) $304,168 (1.8%) 0.00 63
    2023-06-01 $269,450 (17.2%) $325,006 (-1.0%) 0.00 72
    2023-07-01 $299,900 (26.3%) $347,995 (6.2%) 0.00 77
    2023-08-01 $270,000 (10.4%) $329,379 (-4.1%) 0.00 84
    2023-09-01 $280,000 (22.6%) $330,169 (1.5%) 0.00 88
    2023-10-01 $291,950 (20.3%) $346,815 (2.0%) 0.00 96
    2023-11-01 $249,900 (3.4%) $309,232 (-6.7%) 0.00 110
    2023-12-01 $249,000 (-5.6%) $303,224 (-9.9%) 0.00 109
    2024-01-01 $247,450 (-2.5%) $297,649 (-0.2%) 0.00 80
    2024-02-01 $244,925 (-0.8%) $284,678 (-7.3%) 0.00 68
    2024-03-01 $240,000 (-20.7%) $279,080 (-17.3%) 0.00 62
    2024-04-01 $249,988 (-20.5%) $295,332 (-13.2%) 0.00 51
    2024-05-01 $269,200 (-0.3%) $320,613 (5.4%) 0.00 65
    2024-06-01 $285,000 (5.8%) $338,821 (4.3%) 0.00 71
    2024-07-01 $272,450 (-9.2%) $312,353 (-10.2%) 0.00 88
    2024-08-01 $266,750 (-1.2%) $309,650 (-6.0%) 0.00 100
    2024-09-01 $267,000 (-4.6%) $309,638 (-6.2%) 0.00 104
    2024-10-01 $272,450 (-6.7%) $302,427 (-12.8%) 0.00 113
    2024-11-01 $269,000 (7.6%) $301,349 (-2.6%) 0.00 135
    Chillicothe's median listing price for 2024-11-01 was $269,000, a difference of $19,100 (7.6%) versus the prior year and $-3,450 versus the prior month.

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

    Chillicothe's average listing price for 2024-11-01 was $301,349, a difference of $-7,883 (-2.6%) versus the prior year and $-1,078 versus the prior month.

    For the 2024-11-01 period, Chillicothe had 135 MLS listings, a difference of 22 listings (19%) versus the prior month and 25 listings (23%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Chillicothe (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,571 sqft
    2018-02-01 0 days 1,558 sqft
    2018-03-01 0 days 1,620 sqft
    2018-04-01 0 days 1,611 sqft
    2018-05-01 0 days 1,500 sqft
    2018-06-01 0 days 1,500 sqft
    2018-07-01 0 days 1,536 sqft
    2018-08-01 0 days 1,548 sqft
    2018-09-01 0 days 1,536 sqft
    2018-10-01 0 days 1,477 sqft
    2018-11-01 0 days 1,449 sqft
    2018-12-01 0 days 1,444 sqft
    2019-01-01 0 days 1,450 sqft
    2019-02-01 0 days 1,437 sqft
    2019-03-01 0 days 1,444 sqft
    2019-04-01 0 days 1,442 sqft
    2019-05-01 0 days 1,446 sqft
    2019-06-01 0 days 1,480 sqft
    2019-07-01 0 days 1,507 sqft
    2019-08-01 0 days 1,561 sqft
    2019-09-01 0 days 1,552 sqft
    2019-10-01 0 days 1,565 sqft
    2019-11-01 0 days 1,536 sqft
    2019-12-01 0 days 1,436 sqft
    2020-01-01 0 days 1,455 sqft
    2020-02-01 0 days 1,476 sqft
    2020-03-01 0 days 1,544 sqft
    2020-04-01 0 days 1,675 sqft
    2020-05-01 0 days 1,739 sqft
    2020-06-01 0 days 1,756 sqft
    2020-07-01 0 days 1,756 sqft
    2020-08-01 0 days 1,602 sqft
    2020-09-01 0 days 1,660 sqft
    2020-10-01 0 days 1,544 sqft
    2020-11-01 0 days 1,559 sqft
    2020-12-01 0 days 1,544 sqft
    2021-01-01 0 days 1,512 sqft
    2021-02-01 0 days 1,642 sqft
    2021-03-01 0 days 1,511 sqft
    2021-04-01 0 days 1,639 sqft
    2021-05-01 0 days 1,536 sqft
    2021-06-01 0 days 1,552 sqft
    2021-07-01 0 days 1,622 sqft
    2021-08-01 0 days 1,576 sqft
    2021-09-01 0 days 1,532 sqft
    2021-10-01 0 days 1,552 sqft
    2021-11-01 0 days 1,558 sqft
    2021-12-01 0 days 1,476 sqft
    2022-01-01 0 days 1,472 sqft
    2022-02-01 0 days 1,613 sqft
    2022-03-01 0 days 1,573 sqft
    2022-04-01 0 days 1,551 sqft
    2022-05-01 0 days 1,555 sqft
    2022-06-01 0 days 1,705 sqft
    2022-07-01 0 days 1,783 sqft
    2022-08-01 0 days 1,622 sqft
    2022-09-01 0 days 1,612 sqft
    2022-10-01 0 days 1,755 sqft
    2022-11-01 0 days 1,740 sqft
    2022-12-01 0 days 1,716 sqft
    2023-01-01 0 days 1,661 sqft
    2023-02-01 0 days 1,566 sqft
    2023-03-01 0 days 1,979 sqft
    2023-04-01 0 days 1,876 sqft
    2023-05-01 0 days 1,659 sqft
    2023-06-01 0 days 1,692 sqft
    2023-07-01 0 days 1,847 sqft
    2023-08-01 0 days 1,614 sqft
    2023-09-01 0 days 1,746 sqft
    2023-10-01 0 days 1,807 sqft
    2023-11-01 0 days 1,631 sqft
    2023-12-01 0 days 1,632 sqft
    2024-01-01 0 days 1,506 sqft
    2024-02-01 0 days 1,492 sqft
    2024-03-01 0 days 1,444 sqft
    2024-04-01 0 days 1,644 sqft
    2024-05-01 0 days 1,787 sqft
    2024-06-01 0 days 1,834 sqft
    2024-07-01 0 days 1,755 sqft
    2024-08-01 0 days 1,699 sqft
    2024-09-01 0 days 1,665 sqft
    2024-10-01 0 days 1,695 sqft
    2024-11-01 0 days 1,628 sqft
    Chillicothe's median listing age (time on market) for 2024-11-01 was 0 days.

    Chillicothe's median square footage for active listings during the 2024-11-01 period was 1,628 sqft. One year prior, the average listing was 1,631 sqft.