Clewiston USDA Loan Rates, Closing Costs & Stats
Clewiston, FL
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.
Clewiston's 4 lenders originated 4 USDA loans during 2023. The total origination value was $990,000, with an average USDA loan value of $247,500.
Clewiston USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Clewiston
averaged
6.77%
for the week of 2024-06-14, compared to the national average (all USDA variants) of
6.709% for the same period.
Clewiston's average USDA mortgage closing costs are $6,549.
The average rate for the prior week (2024-06-07) was
6.57% and
one month ago for the week of 2024-05-10, the
average rate was 6.85%.
The average rate one year ago was 6.41%.
For refis of the same type during the week of 2024-06-14, the average rate
was 6.91%.
Clewiston 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 Clewiston level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| AMERICAN PACIFIC MORTGAGE CORPORATION | 1 | 6.13% | $11,123 |
| EVANSVILLE TEACHERS | 1 | 6.00% | $14,180 |
| LOANDEPOT.COM, LLC | 1 | 6.25% | $13,129 |
| METROPLEX MORTGAGE SERVICES, INC. | 1 | 6.63% | $8,073 |
The top Clewiston USDA lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with
1 USDA loans originated. Their average total fees are
$11,123, which is $3,057
lower than the next largest lender,
EVANSVILLE TEACHERS.
The lowest fee Clewiston USDA lenders (with over 10 loans originated) are
.
The lowest rate Clewiston USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Clewiston (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 | $227,000 (4.5%) | $326,642 (-2.4%) | 0.00 | 98 |
| 2018-02-01 | $219,500 (-1.8%) | $311,982 (-11.0%) | 0.00 | 97 |
| 2018-03-01 | $199,900 (0.0%) | $307,298 (-9.5%) | 0.00 | 97 |
| 2018-04-01 | $222,500 (6.5%) | $351,418 (3.2%) | 0.00 | 91 |
| 2018-05-01 | $219,950 (6.1%) | $356,307 (-0.8%) | 0.00 | 83 |
| 2018-06-01 | $219,900 (12.6%) | $351,600 (6.3%) | 0.00 | 82 |
| 2018-07-01 | $199,900 (4.4%) | $352,682 (15.8%) | 0.00 | 88 |
| 2018-08-01 | $197,450 (3.7%) | $309,604 (1.8%) | 0.00 | 98 |
| 2018-09-01 | $210,000 (6.4%) | $330,830 (4.3%) | 0.00 | 95 |
| 2018-10-01 | $217,450 (13.2%) | $332,645 (10.3%) | 0.00 | 103 |
| 2018-11-01 | $210,000 (5.2%) | $329,365 (6.8%) | 0.00 | 102 |
| 2018-12-01 | $217,450 (-3.4%) | $328,421 (-4.8%) | 0.00 | 110 |
| 2019-01-01 | $205,675 (-9.4%) | $338,138 (3.5%) | 0.00 | 110 |
| 2019-02-01 | $213,675 (-2.7%) | $341,059 (9.3%) | 0.00 | 106 |
| 2019-03-01 | $226,357 (13.2%) | $348,618 (13.5%) | 0.00 | 104 |
| 2019-04-01 | $227,607 (2.3%) | $355,155 (1.1%) | 0.00 | 101 |
| 2019-05-01 | $218,750 (-0.6%) | $332,285 (-6.7%) | 0.00 | 106 |
| 2019-06-01 | $229,650 (4.4%) | $352,711 (0.3%) | 0.00 | 100 |
| 2019-07-01 | $210,000 (5.1%) | $336,425 (-4.6%) | 0.00 | 98 |
| 2019-08-01 | $209,381 (6.0%) | $330,165 (6.6%) | 0.00 | 97 |
| 2019-09-01 | $223,454 (6.4%) | $337,167 (1.9%) | 0.00 | 96 |
| 2019-10-01 | $232,836 (7.1%) | $341,835 (2.8%) | 0.00 | 97 |
| 2019-11-01 | $236,700 (12.7%) | $346,323 (5.2%) | 0.00 | 95 |
| 2019-12-01 | $243,975 (12.2%) | $341,989 (4.1%) | 0.00 | 97 |
| 2020-01-01 | $236,225 (14.9%) | $348,707 (3.1%) | 0.00 | 98 |
| 2020-02-01 | $219,900 (2.9%) | $336,327 (-1.4%) | 0.00 | 115 |
| 2020-03-01 | $222,450 (-1.7%) | $340,094 (-2.4%) | 0.00 | 117 |
| 2020-04-01 | $224,950 (-1.2%) | $357,473 (0.7%) | 0.00 | 109 |
| 2020-05-01 | $224,950 (2.8%) | $336,936 (1.4%) | 0.00 | 101 |
| 2020-06-01 | $225,000 (-2.0%) | $358,340 (1.6%) | 0.00 | 93 |
| 2020-07-01 | $255,000 (21.4%) | $348,272 (3.5%) | 0.00 | 80 |
| 2020-08-01 | $236,200 (12.8%) | $364,478 (10.4%) | 0.00 | 80 |
| 2020-09-01 | $244,900 (9.6%) | $373,884 (10.9%) | 0.00 | 85 |
| 2020-10-01 | $255,730 (9.8%) | $383,168 (12.1%) | 0.00 | 76 |
| 2020-11-01 | $249,925 (5.6%) | $410,736 (18.6%) | 0.00 | 74 |
| 2020-12-01 | $250,000 (2.5%) | $434,821 (27.1%) | 0.00 | 69 |
| 2021-01-01 | $249,950 (5.8%) | $446,340 (28.0%) | 0.00 | 68 |
| 2021-02-01 | $247,475 (12.5%) | $452,062 (34.4%) | 0.00 | 67 |
| 2021-03-01 | $251,175 (12.9%) | $465,895 (37.0%) | 0.00 | 68 |
| 2021-04-01 | $266,000 (18.3%) | $483,288 (35.2%) | 0.00 | 60 |
| 2021-05-01 | $279,500 (24.3%) | $490,152 (45.5%) | 0.00 | 59 |
| 2021-06-01 | $281,450 (25.1%) | $512,717 (43.1%) | 0.00 | 49 |
| 2021-07-01 | $290,000 (13.7%) | $453,611 (30.3%) | 0.00 | 59 |
| 2021-08-01 | $313,350 (32.7%) | $494,910 (35.8%) | 0.00 | 71 |
| 2021-09-01 | $327,000 (33.5%) | $511,579 (36.8%) | 0.00 | 75 |
| 2021-10-01 | $300,000 (17.3%) | $478,921 (25.0%) | 0.00 | 89 |
| 2021-11-01 | $314,750 (25.9%) | $458,306 (11.6%) | 0.00 | 91 |
| 2021-12-01 | $311,250 (24.5%) | $457,002 (5.1%) | 0.00 | 97 |
| 2022-01-01 | $290,000 (16.0%) | $467,989 (4.9%) | 0.00 | 94 |
| 2022-02-01 | $314,000 (26.9%) | $543,050 (20.1%) | 0.00 | 77 |
| 2022-03-01 | $300,005 (19.4%) | $562,257 (20.7%) | 0.00 | 68 |
| 2022-04-01 | $349,000 (31.2%) | $504,420 (4.4%) | 0.00 | 72 |
| 2022-05-01 | $350,000 (25.2%) | $517,655 (5.6%) | 0.00 | 66 |
| 2022-06-01 | $341,000 (21.2%) | $489,701 (-4.5%) | 0.00 | 86 |
| 2022-07-01 | $354,950 (22.4%) | $513,698 (13.3%) | 0.00 | 105 |
| 2022-08-01 | $359,700 (14.8%) | $516,614 (4.4%) | 0.00 | 129 |
| 2022-09-01 | $349,500 (6.9%) | $466,478 (-8.8%) | 0.00 | 150 |
| 2022-10-01 | $349,900 (16.6%) | $446,215 (-6.8%) | 0.00 | 159 |
| 2022-11-01 | $346,725 (10.2%) | $448,087 (-2.2%) | 0.00 | 156 |
| 2022-12-01 | $349,750 (12.4%) | $442,231 (-3.2%) | 0.00 | 155 |
| 2023-01-01 | $341,425 (17.7%) | $419,630 (-10.3%) | 0.00 | 167 |
| 2023-02-01 | $339,900 (8.3%) | $399,701 (-26.4%) | 0.00 | 199 |
| 2023-03-01 | $339,900 (13.3%) | $401,446 (-28.6%) | 0.00 | 205 |
| 2023-04-01 | $342,450 (-1.9%) | $419,432 (-16.9%) | 0.00 | 161 |
| 2023-05-01 | $349,900 (0.0%) | $456,905 (-11.7%) | 0.00 | 150 |
| 2023-06-01 | $349,900 (2.6%) | $502,965 (2.7%) | 0.00 | 161 |
| 2023-07-01 | $350,000 (-1.4%) | $499,459 (-2.8%) | 0.00 | 160 |
| 2023-08-01 | $358,975 (-0.2%) | $513,315 (-0.6%) | 0.00 | 163 |
| 2023-09-01 | $354,900 (1.6%) | $497,193 (6.6%) | 0.00 | 169 |
| 2023-10-01 | $351,675 (0.5%) | $498,744 (11.8%) | 0.00 | 184 |
| 2023-11-01 | $350,825 (1.2%) | $485,722 (8.4%) | 0.00 | 200 |
| 2023-12-01 | $349,900 (0.0%) | $472,637 (6.9%) | 0.00 | 203 |
| 2024-01-01 | $349,900 (2.5%) | $479,353 (14.2%) | 0.00 | 220 |
| 2024-02-01 | $344,925 (1.5%) | $465,929 (16.6%) | 0.00 | 234 |
| 2024-03-01 | $349,000 (2.7%) | $474,653 (18.2%) | 0.00 | 227 |
| 2024-04-01 | $345,450 (0.9%) | $440,912 (5.1%) | 0.00 | 236 |
| 2024-05-01 | $347,600 (-0.7%) | $445,456 (-2.5%) | 0.00 | 265 |
Clewiston's median listing price comes in at 0% of the national average.
Clewiston's average listing price for 2024-05-01 was $445,456, a difference of $-11,449 (-2.5%) versus the prior year and $4,544 versus the prior month.
For the 2024-05-01 period, Clewiston had 265 MLS listings, a difference of 29 listings (12%) versus the prior month and 115 listings (77%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Clewiston (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,942 sqft |
| 2018-02-01 | 0 days | 1,884 sqft |
| 2018-03-01 | 0 days | 1,757 sqft |
| 2018-04-01 | 0 days | 1,914 sqft |
| 2018-05-01 | 0 days | 1,877 sqft |
| 2018-06-01 | 0 days | 1,768 sqft |
| 2018-07-01 | 0 days | 1,748 sqft |
| 2018-08-01 | 0 days | 1,679 sqft |
| 2018-09-01 | 0 days | 1,779 sqft |
| 2018-10-01 | 0 days | 1,809 sqft |
| 2018-11-01 | 0 days | 1,823 sqft |
| 2018-12-01 | 0 days | 1,828 sqft |
| 2019-01-01 | 0 days | 1,759 sqft |
| 2019-02-01 | 0 days | 1,710 sqft |
| 2019-03-01 | 0 days | 1,702 sqft |
| 2019-04-01 | 0 days | 1,643 sqft |
| 2019-05-01 | 0 days | 1,582 sqft |
| 2019-06-01 | 0 days | 1,614 sqft |
| 2019-07-01 | 0 days | 1,602 sqft |
| 2019-08-01 | 0 days | 1,570 sqft |
| 2019-09-01 | 0 days | 1,568 sqft |
| 2019-10-01 | 0 days | 1,569 sqft |
| 2019-11-01 | 0 days | 1,604 sqft |
| 2019-12-01 | 0 days | 1,697 sqft |
| 2020-01-01 | 0 days | 1,601 sqft |
| 2020-02-01 | 0 days | 1,586 sqft |
| 2020-03-01 | 0 days | 1,602 sqft |
| 2020-04-01 | 0 days | 1,707 sqft |
| 2020-05-01 | 0 days | 1,669 sqft |
| 2020-06-01 | 0 days | 1,714 sqft |
| 2020-07-01 | 0 days | 1,746 sqft |
| 2020-08-01 | 0 days | 1,739 sqft |
| 2020-09-01 | 0 days | 1,713 sqft |
| 2020-10-01 | 0 days | 1,739 sqft |
| 2020-11-01 | 0 days | 1,723 sqft |
| 2020-12-01 | 0 days | 1,723 sqft |
| 2021-01-01 | 0 days | 1,665 sqft |
| 2021-02-01 | 0 days | 1,640 sqft |
| 2021-03-01 | 0 days | 1,608 sqft |
| 2021-04-01 | 0 days | 1,588 sqft |
| 2021-05-01 | 0 days | 1,593 sqft |
| 2021-06-01 | 0 days | 1,574 sqft |
| 2021-07-01 | 0 days | 1,535 sqft |
| 2021-08-01 | 0 days | 1,581 sqft |
| 2021-09-01 | 0 days | 1,609 sqft |
| 2021-10-01 | 0 days | 1,546 sqft |
| 2021-11-01 | 0 days | 1,588 sqft |
| 2021-12-01 | 0 days | 1,535 sqft |
| 2022-01-01 | 0 days | 1,440 sqft |
| 2022-02-01 | 0 days | 1,486 sqft |
| 2022-03-01 | 0 days | 1,509 sqft |
| 2022-04-01 | 0 days | 1,535 sqft |
| 2022-05-01 | 0 days | 1,495 sqft |
| 2022-06-01 | 0 days | 1,529 sqft |
| 2022-07-01 | 0 days | 1,573 sqft |
| 2022-08-01 | 0 days | 1,602 sqft |
| 2022-09-01 | 0 days | 1,591 sqft |
| 2022-10-01 | 0 days | 1,600 sqft |
| 2022-11-01 | 0 days | 1,589 sqft |
| 2022-12-01 | 0 days | 1,546 sqft |
| 2023-01-01 | 0 days | 1,536 sqft |
| 2023-02-01 | 0 days | 1,540 sqft |
| 2023-03-01 | 0 days | 1,543 sqft |
| 2023-04-01 | 0 days | 1,550 sqft |
| 2023-05-01 | 0 days | 1,659 sqft |
| 2023-06-01 | 0 days | 1,565 sqft |
| 2023-07-01 | 0 days | 1,598 sqft |
| 2023-08-01 | 0 days | 1,623 sqft |
| 2023-09-01 | 0 days | 1,620 sqft |
| 2023-10-01 | 0 days | 1,622 sqft |
| 2023-11-01 | 0 days | 1,639 sqft |
| 2023-12-01 | 0 days | 1,631 sqft |
| 2024-01-01 | 0 days | 1,639 sqft |
| 2024-02-01 | 0 days | 1,623 sqft |
| 2024-03-01 | 0 days | 1,641 sqft |
| 2024-04-01 | 0 days | 1,642 sqft |
| 2024-05-01 | 0 days | 1,591 sqft |
Clewiston's median square footage for active listings during the 2024-05-01 period was 1,591 sqft. One year prior, the average listing was 1,659 sqft.