Clarksville USDA Loan Rates, Closing Costs & Stats
CLARKSVILLE, TN-KY
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.
Clarksville's 14 lenders originated 27 USDA loans during 2023. The total origination value was $5,335,000, with an average USDA loan value of $197,593.
Clarksville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Clarksville
averaged
6.38%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Clarksville's average USDA mortgage closing costs are $4,578.
The average rate for the prior week (2024-04-12) was
6.23% and
one month ago for the week of 2024-03-15, the
average rate was 6.02%.
The average rate one year ago was 5.86%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.72%.
Clarksville 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 Clarksville level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| STOCKTON MORTGAGE CORPORATION | 6 | 6.60% | $6,735 |
| Mortgage Research Center, LLC | 4 | 6.28% | $2,351 |
| U.S. Bank | 2 | 6.69% | $5,409 |
| Legends Bank | 2 | 6.81% | $6,244 |
| Nations Lending Corporation | 2 | 6.44% | $5,907 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 5.36% | $14,792 |
| GERSHMAN INVESTMENT CORP. | 1 | 6.25% | $3,654 |
| Citizens Bank | 1 | 6.00% | $8,512 |
| Plains Commerce Bank | 1 | 5.63% | $5,801 |
| Renasant Bank | 1 | 6.13% | $6,800 |
| F&M Bank | 1 | 6.00% | $4,481 |
| HOMESIDE FINANCIAL, LLC | 1 | 6.25% | $4,694 |
| LEADERONE FINANCIAL CORPORATION | 1 | 7.12% | $6,546 |
| TENNESSEE TRUST MORTGAGE, INC | 1 | 6.13% | $6,815 |
The top Clarksville USDA lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with
6 USDA loans originated. Their average total fees are
$6,735, which is $4,383
higher than the next largest lender,
Mortgage Research Center, LLC.
The lowest fee Clarksville USDA lenders (with over 10 loans originated) are
.
The lowest rate Clarksville USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Clarksville (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 | $214,650 (24.3%) | $231,160 (14.6%) | 0.80 | 1,351 |
| 2018-02-01 | $218,375 (21.7%) | $234,174 (15.4%) | 0.79 | 1,250 |
| 2018-03-01 | $216,000 (15.1%) | $236,801 (14.6%) | 0.76 | 1,260 |
| 2018-04-01 | $219,425 (15.6%) | $240,047 (14.7%) | 0.74 | 1,290 |
| 2018-05-01 | $221,063 (12.5%) | $240,444 (9.2%) | 0.74 | 1,333 |
| 2018-06-01 | $216,995 (11.9%) | $241,450 (10.2%) | 0.72 | 1,428 |
| 2018-07-01 | $216,963 (9.1%) | $242,157 (8.4%) | 0.72 | 1,485 |
| 2018-08-01 | $219,700 (9.9%) | $243,933 (7.2%) | 0.74 | 1,519 |
| 2018-09-01 | $221,950 (11.4%) | $243,972 (6.3%) | 0.75 | 1,502 |
| 2018-10-01 | $223,450 (12.3%) | $244,075 (6.5%) | 0.76 | 1,496 |
| 2018-11-01 | $227,750 (13.5%) | $247,037 (8.5%) | 0.77 | 1,464 |
| 2018-12-01 | $230,000 (10.3%) | $250,930 (9.7%) | 0.79 | 1,403 |
| 2019-01-01 | $230,450 (7.4%) | $252,376 (9.2%) | 0.80 | 1,315 |
| 2019-02-01 | $238,700 (9.3%) | $258,167 (10.3%) | 0.81 | 1,280 |
| 2019-03-01 | $245,114 (13.5%) | $266,157 (12.4%) | 0.80 | 1,183 |
| 2019-04-01 | $251,139 (14.5%) | $271,578 (13.1%) | 0.80 | 1,136 |
| 2019-05-01 | $252,895 (14.4%) | $269,777 (12.2%) | 0.79 | 1,186 |
| 2019-06-01 | $252,467 (16.4%) | $266,125 (10.2%) | 0.79 | 1,238 |
| 2019-07-01 | $253,410 (16.8%) | $267,760 (10.6%) | 0.79 | 1,250 |
| 2019-08-01 | $251,541 (14.5%) | $265,678 (8.9%) | 0.80 | 1,256 |
| 2019-09-01 | $250,674 (12.9%) | $264,151 (8.3%) | 0.80 | 1,250 |
| 2019-10-01 | $250,096 (11.9%) | $263,355 (7.9%) | 0.81 | 1,241 |
| 2019-11-01 | $249,900 (9.7%) | $262,572 (6.3%) | 0.82 | 1,203 |
| 2019-12-01 | $249,900 (8.7%) | $261,891 (4.4%) | 0.83 | 1,157 |
| 2020-01-01 | $249,900 (8.4%) | $263,158 (4.3%) | 0.84 | 1,110 |
| 2020-02-01 | $249,900 (4.7%) | $267,537 (3.6%) | 0.82 | 1,025 |
| 2020-03-01 | $251,125 (2.5%) | $274,693 (3.2%) | 0.79 | 985 |
| 2020-04-01 | $254,185 (1.2%) | $277,297 (2.1%) | 0.80 | 1,039 |
| 2020-05-01 | $260,900 (3.2%) | $289,090 (7.2%) | 0.79 | 933 |
| 2020-06-01 | $265,350 (5.1%) | $294,112 (10.5%) | 0.78 | 802 |
| 2020-07-01 | $262,925 (3.8%) | $292,442 (9.2%) | 0.76 | 803 |
| 2020-08-01 | $259,900 (3.3%) | $288,216 (8.5%) | 0.74 | 678 |
| 2020-09-01 | $270,500 (7.9%) | $292,941 (10.9%) | 0.78 | 681 |
| 2020-10-01 | $285,000 (14.0%) | $301,826 (14.6%) | 0.82 | 629 |
| 2020-11-01 | $277,450 (11.0%) | $302,863 (15.3%) | 0.81 | 585 |
| 2020-12-01 | $282,200 (12.9%) | $303,865 (16.0%) | 0.84 | 559 |
| 2021-01-01 | $280,650 (12.3%) | $304,300 (15.6%) | 0.84 | 514 |
| 2021-02-01 | $289,800 (16.0%) | $315,322 (17.9%) | 0.84 | 463 |
| 2021-03-01 | $312,800 (24.6%) | $331,260 (20.6%) | 0.89 | 365 |
| 2021-04-01 | $316,950 (24.7%) | $342,040 (23.4%) | 0.86 | 326 |
| 2021-05-01 | $295,000 (13.1%) | $341,786 (18.2%) | 0.78 | 287 |
| 2021-06-01 | $288,675 (8.8%) | $326,996 (11.2%) | 0.76 | 409 |
| 2021-07-01 | $287,900 (9.5%) | $332,150 (13.6%) | 0.76 | 484 |
| 2021-08-01 | $303,775 (16.9%) | $338,945 (17.6%) | 0.81 | 569 |
| 2021-09-01 | $318,000 (17.6%) | $346,762 (18.4%) | 0.85 | 606 |
| 2021-10-01 | $324,450 (13.8%) | $349,958 (16.0%) | 0.87 | 665 |
| 2021-11-01 | $331,500 (19.5%) | $359,555 (18.7%) | 0.89 | 624 |
| 2021-12-01 | $325,000 (15.2%) | $361,712 (19.0%) | 0.88 | 598 |
| 2022-01-01 | $337,400 (20.2%) | $380,527 (25.1%) | 0.91 | 483 |
| 2022-02-01 | $348,100 (20.1%) | $388,166 (23.1%) | 0.91 | 405 |
| 2022-03-01 | $339,700 (8.6%) | $395,600 (19.4%) | 0.85 | 373 |
| 2022-04-01 | $335,000 (5.7%) | $395,970 (15.8%) | 0.80 | 399 |
| 2022-05-01 | $347,450 (17.8%) | $396,911 (16.1%) | 0.79 | 526 |
| 2022-06-01 | $351,950 (21.9%) | $391,844 (19.8%) | 0.78 | 712 |
| 2022-07-01 | $359,900 (25.0%) | $398,597 (20.0%) | 0.81 | 882 |
| 2022-08-01 | $365,000 (20.2%) | $398,556 (17.6%) | 0.84 | 1,087 |
| 2022-09-01 | $357,500 (12.4%) | $395,325 (14.0%) | 0.84 | 1,175 |
| 2022-10-01 | $359,900 (10.9%) | $393,201 (12.4%) | 0.85 | 1,221 |
| 2022-11-01 | $354,675 (7.0%) | $391,895 (9.0%) | 0.85 | 1,276 |
| 2022-12-01 | $351,900 (8.3%) | $386,758 (6.9%) | 0.87 | 1,253 |
| 2023-01-01 | $352,975 (4.6%) | $392,990 (3.3%) | 0.87 | 1,223 |
| 2023-02-01 | $363,900 (4.5%) | $405,037 (4.4%) | 0.88 | 1,092 |
| 2023-03-01 | $366,950 (8.0%) | $409,099 (3.4%) | 0.87 | 960 |
| 2023-04-01 | $360,000 (7.5%) | $405,461 (2.4%) | 0.84 | 906 |
| 2023-05-01 | $362,925 (4.5%) | $403,846 (1.8%) | 0.82 | 935 |
| 2023-06-01 | $362,825 (3.1%) | $407,174 (3.9%) | 0.82 | 950 |
| 2023-07-01 | $360,000 (0.0%) | $408,367 (2.5%) | 0.82 | 1,066 |
| 2023-08-01 | $356,000 (-2.5%) | $404,690 (1.5%) | 0.82 | 1,162 |
| 2023-09-01 | $348,400 (-2.6%) | $390,620 (-1.2%) | 0.81 | 1,198 |
| 2023-10-01 | $339,575 (-5.7%) | $381,874 (-2.9%) | 0.80 | 1,279 |
| 2023-11-01 | $337,250 (-4.9%) | $383,746 (-2.1%) | 0.80 | 1,335 |
| 2023-12-01 | $330,000 (-6.2%) | $381,215 (-1.4%) | 0.80 | 1,283 |
| 2024-01-01 | $324,900 (-8.0%) | $377,736 (-3.9%) | 0.79 | 1,136 |
| 2024-02-01 | $318,975 (-12.4%) | $375,918 (-7.2%) | 0.77 | 1,124 |
| 2024-03-01 | $325,000 (-11.4%) | $377,623 (-7.7%) | 0.76 | 1,174 |
Clarksville's median listing price comes in at 76% of the national average.
Clarksville's average listing price for 2024-03-01 was $377,623, a difference of $-31,476 (-7.7%) versus the prior year and $1,705 versus the prior month.
For the 2024-03-01 period, Clarksville had 1,174 MLS listings, a difference of 50 listings (4%) versus the prior month and 214 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Clarksville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 69 days | 2,073 sqft |
| 2018-02-01 | 69 days | 2,099 sqft |
| 2018-03-01 | 46 days | 2,080 sqft |
| 2018-04-01 | 44 days | 2,093 sqft |
| 2018-05-01 | 44 days | 2,117 sqft |
| 2018-06-01 | 47 days | 2,098 sqft |
| 2018-07-01 | 52 days | 2,076 sqft |
| 2018-08-01 | 51 days | 2,084 sqft |
| 2018-09-01 | 53 days | 2,110 sqft |
| 2018-10-01 | 59 days | 2,112 sqft |
| 2018-11-01 | 62 days | 2,125 sqft |
| 2018-12-01 | 71 days | 2,150 sqft |
| 2019-01-01 | 81 days | 2,163 sqft |
| 2019-02-01 | 69 days | 2,200 sqft |
| 2019-03-01 | 56 days | 2,241 sqft |
| 2019-04-01 | 47 days | 2,279 sqft |
| 2019-05-01 | 44 days | 2,248 sqft |
| 2019-06-01 | 41 days | 2,238 sqft |
| 2019-07-01 | 45 days | 2,237 sqft |
| 2019-08-01 | 47 days | 2,205 sqft |
| 2019-09-01 | 49 days | 2,174 sqft |
| 2019-10-01 | 50 days | 2,151 sqft |
| 2019-11-01 | 59 days | 2,144 sqft |
| 2019-12-01 | 66 days | 2,139 sqft |
| 2020-01-01 | 66 days | 2,100 sqft |
| 2020-02-01 | 52 days | 2,123 sqft |
| 2020-03-01 | 38 days | 2,134 sqft |
| 2020-04-01 | 41 days | 2,151 sqft |
| 2020-05-01 | 51 days | 2,162 sqft |
| 2020-06-01 | 51 days | 2,166 sqft |
| 2020-07-01 | 38 days | 2,128 sqft |
| 2020-08-01 | 33 days | 2,121 sqft |
| 2020-09-01 | 30 days | 2,175 sqft |
| 2020-10-01 | 32 days | 2,200 sqft |
| 2020-11-01 | 41 days | 2,188 sqft |
| 2020-12-01 | 36 days | 2,188 sqft |
| 2021-01-01 | 31 days | 2,179 sqft |
| 2021-02-01 | 25 days | 2,196 sqft |
| 2021-03-01 | 24 days | 2,248 sqft |
| 2021-04-01 | 18 days | 2,230 sqft |
| 2021-05-01 | 10 days | 2,157 sqft |
| 2021-06-01 | 11 days | 2,044 sqft |
| 2021-07-01 | 19 days | 2,050 sqft |
| 2021-08-01 | 18 days | 2,089 sqft |
| 2021-09-01 | 24 days | 2,091 sqft |
| 2021-10-01 | 26 days | 2,092 sqft |
| 2021-11-01 | 32 days | 2,110 sqft |
| 2021-12-01 | 40 days | 2,076 sqft |
| 2022-01-01 | 44 days | 2,111 sqft |
| 2022-02-01 | 21 days | 2,100 sqft |
| 2022-03-01 | 16 days | 2,062 sqft |
| 2022-04-01 | 12 days | 2,033 sqft |
| 2022-05-01 | 15 days | 2,049 sqft |
| 2022-06-01 | 20 days | 2,044 sqft |
| 2022-07-01 | 23 days | 2,067 sqft |
| 2022-08-01 | 32 days | 2,089 sqft |
| 2022-09-01 | 40 days | 2,072 sqft |
| 2022-10-01 | 50 days | 2,065 sqft |
| 2022-11-01 | 50 days | 2,059 sqft |
| 2022-12-01 | 54 days | 2,050 sqft |
| 2023-01-01 | 63 days | 2,050 sqft |
| 2023-02-01 | 58 days | 2,067 sqft |
| 2023-03-01 | 48 days | 2,067 sqft |
| 2023-04-01 | 39 days | 2,050 sqft |
| 2023-05-01 | 37 days | 2,048 sqft |
| 2023-06-01 | 37 days | 2,051 sqft |
| 2023-07-01 | 36 days | 2,031 sqft |
| 2023-08-01 | 42 days | 2,000 sqft |
| 2023-09-01 | 46 days | 1,937 sqft |
| 2023-10-01 | 44 days | 1,910 sqft |
| 2023-11-01 | 47 days | 1,900 sqft |
| 2023-12-01 | 55 days | 1,840 sqft |
| 2024-01-01 | 65 days | 1,807 sqft |
| 2024-02-01 | 47 days | 1,722 sqft |
| 2024-03-01 | 40 days | 1,751 sqft |
Clarksville's median square footage for active listings during the 2024-03-01 period was 1,751 sqft. One year prior, the average listing was 2,067 sqft.