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 19 lenders originated 32 USDA loans during 2022. The total origination value was $6,560,000, with an average USDA loan value of $205,000.
Clarksville USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Clarksville
averaged
-0.71%
for the week of 2023-06-02, compared to the national average (all USDA variants) of
0% for the same period.
Clarksville's average USDA mortgage closing costs are $4,440.
The average rate for the prior week (2023-05-26) was
6.34% and
one month ago for the week of 2023-04-28, the
average rate was 6.01%.
The average rate one year ago was 4.48%.
For refis of the same type during the week of 2023-06-02, the average rate
was -1.44%.
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 | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
|---|---|---|---|
| STOCKTON MORTGAGE CORPORATION | 6 | 4.35% | $8,713 |
| Mortgage Research Center, LLC | 3 | 3.62% | $1,835 |
| MORTGAGE INVESTORS GROUP, INC. | 2 | 4.06% | $7,080 |
| F&M Bank | 2 | 5.19% | $6,062 |
| UNITED WHOLESALE MORTGAGE, LLC | 2 | 4.64% | $5,081 |
| HOMESIDE FINANCIAL, LLC | 2 | 5.56% | $6,533 |
| U.S. Bank | 2 | 5.00% | $6,077 |
| Legends Bank | 2 | 4.81% | $6,417 |
| AMERICAN MORTGAGE SERVICE COMPANY | 1 | 2.75% | $5,096 |
| GUARANTY HOME MORTGAGE CORPORATION | 1 | 4.75% | $5,075 |
| Shamrock Home Loans, Inc. | 1 | 3.50% | $5,327 |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | 1 | 3.13% | $10,619 |
| Atlantic Union Bank | 1 | 5.63% | $7,106 |
| Bank of England | 1 | 4.50% | $17,234 |
| BROKER SOLUTIONS, INC. | 1 | 4.75% | $9,985 |
| COMMUNITY MORTGAGE CORPORATION | 1 | 4.63% | $15,163 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 1 | 2.75% | $1,690 |
| First Federal Bank | 1 | 4.63% | $5,648 |
| FREEDOM MORTGAGE CORPORATION | 1 | 3.00% | $4,517 |
The top Clarksville USDA lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with
6 USDA loans originated. Their average total fees are
$8,713, which is $6,878
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%) | $231,004 (14.7%) | 0.80 | 1,349 |
| 2018-02-01 | $217,475 (21.4%) | $234,013 (15.5%) | 0.79 | 1,248 |
| 2018-03-01 | $215,000 (15.7%) | $236,293 (14.6%) | 0.75 | 1,256 |
| 2018-04-01 | $218,300 (15.0%) | $239,621 (14.7%) | 0.74 | 1,287 |
| 2018-05-01 | $220,925 (12.8%) | $240,118 (9.2%) | 0.74 | 1,332 |
| 2018-06-01 | $216,900 (12.4%) | $241,257 (10.3%) | 0.72 | 1,425 |
| 2018-07-01 | $216,750 (9.8%) | $241,915 (8.4%) | 0.72 | 1,484 |
| 2018-08-01 | $219,700 (9.9%) | $243,633 (7.1%) | 0.74 | 1,518 |
| 2018-09-01 | $221,725 (11.4%) | $243,705 (6.3%) | 0.75 | 1,500 |
| 2018-10-01 | $223,450 (12.3%) | $243,930 (6.5%) | 0.76 | 1,495 |
| 2018-11-01 | $227,625 (13.8%) | $246,904 (8.5%) | 0.77 | 1,463 |
| 2018-12-01 | $230,000 (10.6%) | $250,793 (9.6%) | 0.79 | 1,401 |
| 2019-01-01 | $230,450 (7.4%) | $252,234 (9.2%) | 0.80 | 1,314 |
| 2019-02-01 | $238,245 (9.6%) | $257,736 (10.1%) | 0.81 | 1,277 |
| 2019-03-01 | $245,084 (14.0%) | $265,773 (12.5%) | 0.80 | 1,181 |
| 2019-04-01 | $251,131 (15.0%) | $271,246 (13.2%) | 0.80 | 1,134 |
| 2019-05-01 | $252,660 (14.4%) | $269,690 (12.3%) | 0.79 | 1,184 |
| 2019-06-01 | $252,467 (16.4%) | $266,125 (10.3%) | 0.79 | 1,238 |
| 2019-07-01 | $253,119 (16.8%) | $267,690 (10.7%) | 0.79 | 1,249 |
| 2019-08-01 | $251,455 (14.5%) | $265,601 (9.0%) | 0.80 | 1,255 |
| 2019-09-01 | $250,636 (13.0%) | $264,060 (8.4%) | 0.80 | 1,249 |
| 2019-10-01 | $250,091 (11.9%) | $263,266 (7.9%) | 0.81 | 1,240 |
| 2019-11-01 | $249,900 (9.8%) | $262,493 (6.3%) | 0.82 | 1,202 |
| 2019-12-01 | $249,900 (8.7%) | $261,893 (4.4%) | 0.83 | 1,156 |
| 2020-01-01 | $249,900 (8.4%) | $263,225 (4.4%) | 0.84 | 1,110 |
| 2020-02-01 | $249,900 (4.9%) | $267,595 (3.8%) | 0.82 | 1,024 |
| 2020-03-01 | $251,125 (2.5%) | $274,667 (3.4%) | 0.79 | 984 |
| 2020-04-01 | $254,185 (1.2%) | $277,328 (2.2%) | 0.80 | 1,037 |
| 2020-05-01 | $260,900 (3.3%) | $288,938 (7.1%) | 0.79 | 930 |
| 2020-06-01 | $265,350 (5.1%) | $294,081 (10.5%) | 0.78 | 802 |
| 2020-07-01 | $262,675 (3.8%) | $292,361 (9.2%) | 0.76 | 803 |
| 2020-08-01 | $259,900 (3.4%) | $288,216 (8.5%) | 0.74 | 675 |
| 2020-09-01 | $270,200 (7.8%) | $292,752 (10.9%) | 0.77 | 679 |
| 2020-10-01 | $284,900 (13.9%) | $301,559 (14.6%) | 0.82 | 626 |
| 2020-11-01 | $277,223 (10.9%) | $302,596 (15.3%) | 0.81 | 583 |
| 2020-12-01 | $281,600 (12.7%) | $303,530 (15.9%) | 0.84 | 557 |
| 2021-01-01 | $280,400 (12.2%) | $304,193 (15.6%) | 0.84 | 513 |
| 2021-02-01 | $289,800 (16.0%) | $315,322 (17.8%) | 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 (23.3%) | 0.86 | 326 |
| 2021-05-01 | $295,000 (13.1%) | $341,786 (18.3%) | 0.78 | 287 |
| 2021-06-01 | $288,675 (8.8%) | $326,457 (11.0%) | 0.76 | 409 |
| 2021-07-01 | $287,900 (9.6%) | $331,653 (13.4%) | 0.76 | 483 |
| 2021-08-01 | $303,775 (16.9%) | $338,718 (17.5%) | 0.81 | 569 |
| 2021-09-01 | $318,000 (17.7%) | $346,762 (18.5%) | 0.85 | 606 |
| 2021-10-01 | $324,450 (13.9%) | $349,958 (16.1%) | 0.87 | 665 |
| 2021-11-01 | $331,500 (19.6%) | $359,555 (18.8%) | 0.89 | 624 |
| 2021-12-01 | $325,000 (15.4%) | $361,712 (19.2%) | 0.88 | 598 |
| 2022-01-01 | $337,400 (20.3%) | $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 (20.0%) | 0.78 | 712 |
| 2022-07-01 | $359,900 (25.0%) | $398,597 (20.2%) | 0.81 | 882 |
| 2022-08-01 | $365,000 (20.2%) | $398,556 (17.7%) | 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 | $354,900 (7.1%) | $391,970 (9.0%) | 0.85 | 1,276 |
| 2022-12-01 | $351,900 (8.3%) | $386,843 (7.0%) | 0.87 | 1,252 |
| 2023-01-01 | $353,450 (4.8%) | $393,078 (3.3%) | 0.88 | 1,222 |
| 2023-02-01 | $363,900 (4.5%) | $405,150 (4.4%) | 0.88 | 1,091 |
| 2023-03-01 | $366,950 (8.0%) | $409,162 (3.4%) | 0.87 | 959 |
| 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 |
Clarksville's median listing price comes in at 82% of the national average.
Clarksville's average listing price for 2023-05-01 was $403,846, a difference of $6,935 (1.8%) versus the prior year and $-1,615 versus the prior month.
For the 2023-05-01 period, Clarksville had 935 MLS listings, a difference of 29 listings (3%) versus the prior month and 409 listings (78%) 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 | 2,071 sqft |
| 2018-02-01 | 69 days | 2,094 sqft |
| 2018-03-01 | 46 days | 2,073 sqft |
| 2018-04-01 | 44 days | 2,089 sqft |
| 2018-05-01 | 44 days | 2,113 sqft |
| 2018-06-01 | 47 days | 2,095 sqft |
| 2018-07-01 | 52 days | 2,074 sqft |
| 2018-08-01 | 51 days | 2,077 sqft |
| 2018-09-01 | 53 days | 2,109 sqft |
| 2018-10-01 | 59 days | 2,110 sqft |
| 2018-11-01 | 62 days | 2,124 sqft |
| 2018-12-01 | 71 days | 2,150 sqft |
| 2019-01-01 | 80 days | 2,162 sqft |
| 2019-02-01 | 69 days | 2,200 sqft |
| 2019-03-01 | 56 days | 2,239 sqft |
| 2019-04-01 | 47 days | 2,278 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 | 2,138 sqft |
| 2020-01-01 | 66 days | 2,101 sqft |
| 2020-02-01 | 52 days | 2,122 sqft |
| 2020-03-01 | 38 days | 2,133 sqft |
| 2020-04-01 | 41 days | 2,151 sqft |
| 2020-05-01 | 51 days | 2,160 sqft |
| 2020-06-01 | 51 days | 2,166 sqft |
| 2020-07-01 | 38 days | 2,128 sqft |
| 2020-08-01 | 33 days | 2,120 sqft |
| 2020-09-01 | 30 days | 2,174 sqft |
| 2020-10-01 | 32 days | 2,200 sqft |
| 2020-11-01 | 41 days | 2,188 sqft |
| 2020-12-01 | 36 days | 2,186 sqft |
| 2021-01-01 | 31 days | 2,177 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 | 2,060 sqft |
| 2022-12-01 | 54 days | 2,051 sqft |
| 2023-01-01 | 63 days | 2,051 sqft |
| 2023-02-01 | 58 days | 2,068 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 |
Clarksville's median square footage for active listings during the 2023-05-01 period was 2,048 sqft. One year prior, the average listing was 2,049 sqft.