Cincinnati USDA Loan Rates, Closing Costs & Stats

CINCINNATI, OH-KY-IN

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.

Cincinnati's 52 lenders originated 203 USDA loans during 2024. The total origination value was $43,925,000, with an average USDA loan value of $216,379.

Cincinnati USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Cincinnati averaged 6.77% for the week of 2025-04-04, compared to the national average (all USDA variants) of 6.324% for the same period.

Cincinnati's average USDA mortgage closing costs are $5,326.

The average rate for the prior week (2025-03-28) was 6.83% and one month ago for the week of 2025-02-28, the average rate was 6.58%.

The average rate one year ago was 6.94%.

For refis of the same type during the week of 2025-04-04, the average rate was 6.66%.

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

Cincinnati 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 Cincinnati level.

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CROSSCOUNTRY MORTGAGE, LLC 28 6.53% $9,325
AMERICAN PACIFIC MORTGAGE CORPORATION 18 7.04% $7,679
UNION HOME MORTGAGE CORP. 17 6.81% $7,182
Paramount Residential Mortgage Group, Inc. 11 6.76% $7,841
STOCKTON MORTGAGE CORPORATION 10 6.70% $8,063
NATIONS RELIABLE LENDING, LLC 10 6.42% $6,893
RAPID MORTGAGE COMPANY 9 6.76% $8,508
UNITED WHOLESALE MORTGAGE, LLC 8 6.30% $7,715
SUCCESS MORTGAGE PARTNERS, INC. 7 6.34% $9,068
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.67% $7,173
DAS Acquisition Company, LLC 5 6.08% $11,047
FIRST COMMUNITY MORTGAGE, INC. 4 6.69% $7,088
GUARANTEED RATE, INC. 4 6.54% $7,005
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.56% $7,782
EMM LOANS LLC 4 6.06% $9,647
T2 FINANCIAL LLC 4 6.94% $7,867
VICTORY MORTGAGE, L.L.C. 4 5.78% $7,453
POLARIS HOME FUNDING CORP. 3 6.67% $8,316
Bank of England 3 6.46% $8,279
RiverHills Bank 3 6.75% $6,753
LEADERONE FINANCIAL CORPORATION 2 5.94% $10,263
AMERICAN FINANCIAL RESOURCES, INC. 2 6.69% $7,705
BAYSHORE MORTGAGE FUNDING, LLC 2 6.38% $8,953
Heartland Bank 2 6.19% $4,838
Union Savings Bank 2 6.50% $8,080
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.75% $5,818
NVR Mortgage Finance, Inc. 1 5.63% $15,823
CARDINAL FINANCIAL 1 7.25% $5,883
Carrington Mortgage Services, LLC 1 6.50% $9,053
Fifth Third Bank 1 5.63% $5,243
FIRST EQUITY MORTGAGE INCORPORATED 1 5.50% $14,620
First Financial Bank 1 7.13% $4,856
Flagstar Bank, FSB 1 6.52% $4,815
Gateway First Bank 1 6.13% $5,931
GMFS LLC 1 5.88% $3,598
Guardian Savings Bank, A Federal Savings Bank 1 6.50% $4,750
HOMESIDE FINANCIAL, LLC 1 6.63% $6,311
INTERLINC MORTGAGE SERVICES, LLC 1 7.13% $2,125
LOANDEPOT.COM, LLC 1 6.63% $6,177
MID AMERICA MORTGAGE, INC. 1 7.00% $3,634
Mortgage Research Center, LLC 1 7.25% $3,919
MOVEMENT MORTGAGE, LLC 1 6.63% $10,500
Nations Lending Corporation 1 7.75% $2,878
NEWREZ LLC 1 6.00% $11,473
AMERICAN FINANCIAL NETWORK, INC. 1 6.50% $6,095
Plains Commerce Bank 1 5.75% $7,110
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $6,836
S1L, Inc. 1 6.75% $10,249
Somerville Bank 1 8.38% $2,425
The Huntington National Bank 1 6.63% $6,854
The Park National Bank 1 6.88% $7,121
The State Bank and Trust Company 1 5.88% $5,619

The top Cincinnati USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 28 USDA loans originated. Their average total fees are $9,325, which is $1,646 higher than the next largest lender, AMERICAN PACIFIC MORTGAGE CORPORATION.

The lowest fee Cincinnati USDA lenders (with over 10 loans originated) are NATIONS RELIABLE LENDING, LLC ($6,893), UNION HOME MORTGAGE CORP. ($7,182), AMERICAN PACIFIC MORTGAGE CORPORATION ($7,679), Paramount Residential Mortgage Group, Inc. ($7,841) and STOCKTON MORTGAGE CORPORATION ($8,063).

The lowest rate Cincinnati USDA lenders (with over 10 loans originated) are NATIONS RELIABLE LENDING, LLC (6.42%), CROSSCOUNTRY MORTGAGE, LLC (6.53%), STOCKTON MORTGAGE CORPORATION (6.70%), Paramount Residential Mortgage Group, Inc. (6.76%) and UNION HOME MORTGAGE CORP. (6.81%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Cincinnati (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 $225,500 (22.1%) $308,776 (10.2%) 0.84 5,184
2018-02-01 $239,450 (24.6%) $321,559 (11.4%) 0.87 4,978
2018-03-01 $258,900 (21.8%) $346,286 (13.0%) 0.91 4,809
2018-04-01 $271,500 (18.3%) $356,189 (11.8%) 0.92 4,981
2018-05-01 $275,000 (14.6%) $360,546 (11.5%) 0.92 5,271
2018-06-01 $269,990 (12.3%) $353,754 (9.1%) 0.90 5,771
2018-07-01 $269,900 (12.5%) $350,934 (9.3%) 0.90 6,152
2018-08-01 $259,500 (8.5%) $342,614 (7.8%) 0.87 6,424
2018-09-01 $255,000 (8.3%) $337,584 (6.2%) 0.86 6,609
2018-10-01 $249,900 (9.4%) $333,431 (6.4%) 0.85 6,681
2018-11-01 $248,260 (10.3%) $329,365 (6.3%) 0.84 6,564
2018-12-01 $239,900 (8.6%) $330,102 (8.0%) 0.83 5,889
2019-01-01 $239,900 (6.4%) $325,120 (5.3%) 0.83 5,363
2019-02-01 $253,925 (6.0%) $342,552 (6.5%) 0.86 4,927
2019-03-01 $267,957 (3.5%) $355,066 (2.5%) 0.88 4,897
2019-04-01 $280,850 (3.4%) $366,627 (2.9%) 0.89 4,935
2019-05-01 $289,900 (5.4%) $377,313 (4.7%) 0.91 5,118
2019-06-01 $288,270 (6.8%) $372,609 (5.3%) 0.90 5,229
2019-07-01 $284,000 (5.2%) $369,377 (5.3%) 0.89 5,369
2019-08-01 $276,394 (6.5%) $361,907 (5.6%) 0.88 5,446
2019-09-01 $271,000 (6.3%) $357,257 (5.8%) 0.87 5,462
2019-10-01 $267,404 (7.0%) $354,157 (6.2%) 0.86 5,460
2019-11-01 $260,478 (4.9%) $346,906 (5.3%) 0.85 5,141
2019-12-01 $259,900 (8.3%) $343,573 (4.1%) 0.87 4,577
2020-01-01 $265,950 (10.9%) $347,628 (6.9%) 0.89 4,090
2020-02-01 $280,000 (10.3%) $369,603 (7.9%) 0.92 3,581
2020-03-01 $299,675 (11.8%) $386,321 (8.8%) 0.94 3,489
2020-04-01 $299,950 (6.8%) $384,970 (5.0%) 0.94 3,546
2020-05-01 $325,000 (12.1%) $401,187 (6.3%) 0.99 3,416
2020-06-01 $334,950 (16.2%) $421,967 (13.3%) 0.99 3,154
2020-07-01 $337,450 (18.8%) $429,378 (16.2%) 0.98 2,914
2020-08-01 $324,900 (17.6%) $427,022 (18.0%) 0.93 2,946
2020-09-01 $316,750 (16.9%) $427,028 (19.5%) 0.91 2,996
2020-10-01 $299,983 (12.2%) $418,036 (18.0%) 0.86 3,052
2020-11-01 $290,950 (11.7%) $409,042 (17.9%) 0.85 2,956
2020-12-01 $292,450 (12.5%) $414,493 (20.6%) 0.87 2,567
2021-01-01 $299,900 (12.8%) $428,732 (23.3%) 0.90 2,175
2021-02-01 $317,400 (13.4%) $442,149 (19.6%) 0.92 1,778
2021-03-01 $325,000 (8.5%) $454,696 (17.7%) 0.92 1,707
2021-04-01 $347,426 (15.8%) $481,319 (25.0%) 0.94 1,682
2021-05-01 $359,000 (10.5%) $490,549 (22.3%) 0.95 1,853
2021-06-01 $349,208 (4.3%) $480,993 (14.0%) 0.92 2,090
2021-07-01 $325,000 (-3.7%) $455,717 (6.1%) 0.86 2,490
2021-08-01 $315,000 (-3.1%) $434,350 (1.7%) 0.84 2,817
2021-09-01 $304,950 (-3.7%) $429,711 (0.6%) 0.81 2,842
2021-10-01 $300,000 (0.0%) $427,054 (2.2%) 0.80 2,702
2021-11-01 $299,450 (2.9%) $421,388 (3.0%) 0.80 2,456
2021-12-01 $297,000 (1.6%) $427,378 (3.1%) 0.80 2,120
2022-01-01 $299,900 (0.0%) $435,730 (1.6%) 0.81 1,798
2022-02-01 $322,000 (1.5%) $462,407 (4.6%) 0.84 1,443
2022-03-01 $319,950 (-1.6%) $459,330 (1.0%) 0.80 1,396
2022-04-01 $324,900 (-6.5%) $454,405 (-5.6%) 0.77 1,462
2022-05-01 $324,950 (-9.5%) $450,319 (-8.2%) 0.74 1,843
2022-06-01 $325,000 (-6.9%) $450,550 (-6.3%) 0.72 2,151
2022-07-01 $319,000 (-1.9%) $435,952 (-4.3%) 0.72 2,525
2022-08-01 $322,400 (2.4%) $436,321 (0.5%) 0.75 2,603
2022-09-01 $325,000 (6.6%) $444,323 (3.4%) 0.76 2,504
2022-10-01 $324,900 (8.3%) $444,472 (4.1%) 0.76 2,739
2022-11-01 $325,000 (8.5%) $444,855 (5.6%) 0.78 2,709
2022-12-01 $325,000 (9.4%) $447,814 (4.8%) 0.80 2,346
2023-01-01 $329,450 (9.9%) $453,307 (4.0%) 0.82 2,043
2023-02-01 $362,150 (12.5%) $490,773 (6.1%) 0.87 1,730
2023-03-01 $369,650 (15.5%) $507,309 (10.5%) 0.87 1,665
2023-04-01 $385,000 (18.5%) $513,352 (13.0%) 0.90 1,832
2023-05-01 $391,308 (20.4%) $519,749 (15.4%) 0.89 1,900
2023-06-01 $389,925 (20.0%) $511,523 (13.5%) 0.88 2,120
2023-07-01 $384,998 (20.7%) $514,961 (18.1%) 0.88 2,239
2023-08-01 $376,950 (16.9%) $503,974 (15.5%) 0.87 2,414
2023-09-01 $374,500 (15.2%) $499,059 (12.3%) 0.87 2,651
2023-10-01 $357,475 (10.0%) $484,952 (9.1%) 0.84 2,905
2023-11-01 $345,000 (6.2%) $467,442 (5.1%) 0.82 3,010
2023-12-01 $335,245 (3.2%) $456,295 (1.9%) 0.82 2,755
2024-01-01 $329,950 (0.2%) $452,324 (-0.2%) 0.81 2,433
2024-02-01 $337,450 (-6.8%) $471,017 (-4.0%) 0.81 2,172
2024-03-01 $350,900 (-5.1%) $490,861 (-3.2%) 0.83 2,131
2024-04-01 $375,000 (-2.6%) $496,473 (-3.3%) 0.87 2,253
2024-05-01 $378,500 (-3.3%) $503,091 (-3.2%) 0.86 2,408
2024-06-01 $378,900 (-2.8%) $501,013 (-2.1%) 0.86 2,738
2024-07-01 $361,075 (-6.2%) $481,935 (-6.4%) 0.83 3,017
2024-08-01 $349,900 (-7.2%) $466,011 (-7.5%) 0.81 3,350
2024-09-01 $337,450 (-9.9%) $459,533 (-7.9%) 0.79 3,569
2024-10-01 $331,500 (-7.3%) $450,735 (-7.1%) 0.78 3,663
2024-11-01 $319,900 (-7.3%) $436,195 (-6.7%) 0.77 3,722
2024-12-01 $319,450 (-4.7%) $432,641 (-5.2%) 0.79 3,270
2025-01-01 $319,450 (-3.2%) $435,446 (-3.7%) 0.80 2,902
2025-02-01 $324,950 (-3.7%) $440,707 (-6.4%) 0.79 2,722
2025-03-01 $335,000 (-4.5%) $454,576 (-7.4%) 0.00 2,717
Cincinnati's median listing price for 2025-03-01 was $335,000, a difference of $-15,900 (-4.5%) versus the prior year and $10,050 versus the prior month.

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

Cincinnati's average listing price for 2025-03-01 was $454,576, a difference of $-36,285 (-7.4%) versus the prior year and $13,869 versus the prior month.

For the 2025-03-01 period, Cincinnati had 2,717 MLS listings, a difference of -5 listings (0%) versus the prior month and 586 listings (27%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Cincinnati (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 78 days 1,863 sqft
2018-02-01 69 days 1,890 sqft
2018-03-01 47 days 2,011 sqft
2018-04-01 44 days 2,107 sqft
2018-05-01 39 days 2,150 sqft
2018-06-01 40 days 2,132 sqft
2018-07-01 43 days 2,111 sqft
2018-08-01 45 days 2,072 sqft
2018-09-01 48 days 2,022 sqft
2018-10-01 52 days 1,991 sqft
2018-11-01 54 days 1,967 sqft
2018-12-01 64 days 1,936 sqft
2019-01-01 72 days 1,900 sqft
2019-02-01 67 days 1,968 sqft
2019-03-01 51 days 2,017 sqft
2019-04-01 43 days 2,068 sqft
2019-05-01 40 days 2,127 sqft
2019-06-01 42 days 2,125 sqft
2019-07-01 46 days 2,126 sqft
2019-08-01 47 days 2,083 sqft
2019-09-01 49 days 2,038 sqft
2019-10-01 50 days 2,006 sqft
2019-11-01 52 days 1,978 sqft
2019-12-01 63 days 1,944 sqft
2020-01-01 71 days 1,951 sqft
2020-02-01 60 days 2,048 sqft
2020-03-01 44 days 2,107 sqft
2020-04-01 45 days 2,100 sqft
2020-05-01 47 days 2,178 sqft
2020-06-01 45 days 2,217 sqft
2020-07-01 43 days 2,194 sqft
2020-08-01 38 days 2,134 sqft
2020-09-01 37 days 2,060 sqft
2020-10-01 37 days 2,000 sqft
2020-11-01 40 days 1,914 sqft
2020-12-01 52 days 1,895 sqft
2021-01-01 54 days 1,867 sqft
2021-02-01 49 days 1,858 sqft
2021-03-01 33 days 1,871 sqft
2021-04-01 31 days 1,934 sqft
2021-05-01 23 days 1,986 sqft
2021-06-01 24 days 1,935 sqft
2021-07-01 25 days 1,868 sqft
2021-08-01 28 days 1,824 sqft
2021-09-01 33 days 1,802 sqft
2021-10-01 36 days 1,782 sqft
2021-11-01 38 days 1,744 sqft
2021-12-01 46 days 1,692 sqft
2022-01-01 57 days 1,680 sqft
2022-02-01 51 days 1,686 sqft
2022-03-01 31 days 1,699 sqft
2022-04-01 24 days 1,717 sqft
2022-05-01 21 days 1,767 sqft
2022-06-01 22 days 1,810 sqft
2022-07-01 25 days 1,800 sqft
2022-08-01 30 days 1,799 sqft
2022-09-01 36 days 1,808 sqft
2022-10-01 34 days 1,840 sqft
2022-11-01 40 days 1,830 sqft
2022-12-01 51 days 1,804 sqft
2023-01-01 55 days 1,807 sqft
2023-02-01 49 days 1,815 sqft
2023-03-01 38 days 1,829 sqft
2023-04-01 31 days 1,897 sqft
2023-05-01 32 days 1,992 sqft
2023-06-01 30 days 2,000 sqft
2023-07-01 31 days 1,962 sqft
2023-08-01 32 days 1,957 sqft
2023-09-01 32 days 1,957 sqft
2023-10-01 33 days 1,942 sqft
2023-11-01 38 days 1,894 sqft
2023-12-01 44 days 1,831 sqft
2024-01-01 54 days 1,792 sqft
2024-02-01 39 days 1,800 sqft
2024-03-01 36 days 1,851 sqft
2024-04-01 32 days 1,877 sqft
2024-05-01 30 days 1,873 sqft
2024-06-01 31 days 1,886 sqft
2024-07-01 32 days 1,843 sqft
2024-08-01 33 days 1,777 sqft
2024-09-01 38 days 1,759 sqft
2024-10-01 37 days 1,733 sqft
2024-11-01 43 days 1,683 sqft
2024-12-01 52 days 1,666 sqft
2025-01-01 61 days 1,657 sqft
2025-02-01 50 days 1,683 sqft
2025-03-01 0 days 1,685 sqft
Cincinnati's median listing age (time on market) for 2025-03-01 was 0 days. This is -100% shorter than the same period one year ago.

Cincinnati's median square footage for active listings during the 2025-03-01 period was 1,685 sqft. One year prior, the average listing was 1,851 sqft.