Concord USDA Loan Rates, Closing Costs & Stats

Concord, NH

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.

Concord's 0 lenders originated 3 USDA loans during 2023. The total origination value was $835,000, with an average USDA loan value of $278,333.

Concord USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Concord averaged 6.97% for the week of 2024-06-14, compared to the national average (all USDA variants) of 6.709% for the same period.

Concord's average USDA mortgage closing costs are $8,154.

The average rate for the prior week (2024-06-07) was 6.56% and one month ago for the week of 2024-05-10, the average rate was 7.05%.

The average rate one year ago was 6.8%.

For refis of the same type during the week of 2024-06-14, the average rate was 6.78%.

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

Concord 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 Concord level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Concord (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 $307,500 (14.2%) $377,428 (17.6%) 1.14 408
2018-02-01 $322,450 (17.0%) $384,808 (16.9%) 1.17 359
2018-03-01 $330,000 (17.9%) $375,434 (10.9%) 1.16 353
2018-04-01 $330,675 (18.1%) $376,936 (7.8%) 1.12 420
2018-05-01 $322,450 (8.5%) $375,877 (3.8%) 1.08 503
2018-06-01 $319,900 (6.7%) $380,873 (3.3%) 1.07 584
2018-07-01 $314,925 (5.0%) $381,570 (3.7%) 1.05 607
2018-08-01 $309,950 (3.4%) $385,340 (5.4%) 1.04 637
2018-09-01 $305,000 (5.2%) $386,292 (7.0%) 1.03 670
2018-10-01 $309,950 (5.4%) $389,177 (7.2%) 1.05 643
2018-11-01 $299,950 (3.8%) $387,193 (8.7%) 1.02 563
2018-12-01 $299,900 (1.7%) $383,715 (5.7%) 1.03 465
2019-01-01 $299,950 (-2.5%) $391,398 (3.7%) 1.04 392
2019-02-01 $308,325 (-4.4%) $398,523 (3.6%) 1.04 366
2019-03-01 $323,814 (-1.9%) $398,186 (6.1%) 1.06 380
2019-04-01 $337,889 (2.2%) $401,558 (6.5%) 1.07 399
2019-05-01 $323,400 (0.3%) $385,081 (2.5%) 1.01 464
2019-06-01 $324,900 (1.6%) $412,820 (8.4%) 1.02 494
2019-07-01 $319,450 (1.4%) $412,784 (8.2%) 1.00 498
2019-08-01 $325,691 (5.1%) $412,574 (7.1%) 1.03 490
2019-09-01 $319,677 (4.8%) $403,535 (4.5%) 1.02 486
2019-10-01 $315,668 (1.8%) $398,706 (2.5%) 1.02 464
2019-11-01 $308,000 (2.7%) $391,806 (1.2%) 1.01 399
2019-12-01 $299,800 (0.0%) $384,329 (0.2%) 1.00 327
2020-01-01 $300,000 (0.0%) $391,670 (0.1%) 1.00 261
2020-02-01 $329,000 (6.7%) $413,076 (3.7%) 1.08 250
2020-03-01 $349,000 (7.8%) $416,792 (4.7%) 1.09 267
2020-04-01 $357,400 (5.8%) $417,121 (3.9%) 1.12 275
2020-05-01 $362,400 (12.1%) $427,036 (10.9%) 1.10 261
2020-06-01 $377,450 (16.2%) $464,939 (12.6%) 1.11 270
2020-07-01 $374,450 (17.2%) $470,342 (13.9%) 1.09 232
2020-08-01 $374,950 (15.1%) $451,750 (9.5%) 1.07 235
2020-09-01 $367,175 (14.9%) $435,077 (7.8%) 1.05 241
2020-10-01 $337,080 (6.8%) $421,244 (5.7%) 0.97 226
2020-11-01 $348,475 (13.1%) $444,814 (13.5%) 1.02 180
2020-12-01 $336,725 (12.3%) $445,425 (15.9%) 1.00 146
2021-01-01 $339,900 (13.3%) $436,575 (11.5%) 1.01 104
2021-02-01 $356,000 (8.2%) $475,290 (15.1%) 1.04 87
2021-03-01 $346,975 (-0.6%) $458,819 (10.1%) 0.98 100
2021-04-01 $380,450 (6.5%) $475,947 (14.1%) 1.03 111
2021-05-01 $375,000 (3.5%) $498,344 (16.7%) 1.00 161
2021-06-01 $379,000 (0.4%) $497,307 (7.0%) 1.00 207
2021-07-01 $417,500 (11.5%) $549,994 (16.9%) 1.10 209
2021-08-01 $390,925 (4.3%) $543,591 (20.3%) 1.04 197
2021-09-01 $399,675 (8.9%) $518,592 (19.2%) 1.07 192
2021-10-01 $389,900 (15.7%) $522,466 (24.0%) 1.04 172
2021-11-01 $399,725 (14.7%) $533,915 (20.0%) 1.07 136
2021-12-01 $444,725 (32.1%) $540,626 (21.4%) 1.20 98
2022-01-01 $419,900 (23.5%) $531,532 (21.8%) 1.14 83
2022-02-01 $464,900 (30.6%) $590,050 (24.2%) 1.21 67
2022-03-01 $437,225 (26.0%) $530,412 (15.6%) 1.09 91
2022-04-01 $429,999 (13.0%) $609,087 (28.0%) 1.03 108
2022-05-01 $449,700 (19.9%) $568,050 (14.0%) 1.03 128
2022-06-01 $463,475 (22.3%) $589,032 (18.4%) 1.03 176
2022-07-01 $499,000 (19.5%) $625,736 (13.8%) 1.12 213
2022-08-01 $484,975 (24.1%) $607,822 (11.8%) 1.12 214
2022-09-01 $486,000 (21.6%) $598,762 (15.5%) 1.14 203
2022-10-01 $494,450 (26.8%) $571,209 (9.3%) 1.16 200
2022-11-01 $491,175 (22.9%) $555,803 (4.1%) 1.18 200
2022-12-01 $499,900 (12.4%) $557,403 (3.1%) 1.23 163
2023-01-01 $499,500 (19.0%) $549,914 (3.5%) 1.24 121
2023-02-01 $522,475 (12.4%) $561,487 (-4.8%) 1.26 87
2023-03-01 $509,950 (16.6%) $553,866 (4.4%) 1.20 83
2023-04-01 $522,450 (21.5%) $590,923 (-3.0%) 1.22 97
2023-05-01 $526,000 (17.0%) $614,541 (8.2%) 1.19 112
2023-06-01 $565,000 (21.9%) $660,790 (12.2%) 1.27 136
2023-07-01 $550,000 (10.2%) $638,664 (2.1%) 1.25 155
2023-08-01 $578,454 (19.3%) $652,192 (7.3%) 1.33 147
2023-09-01 $549,950 (13.2%) $627,388 (4.8%) 1.28 163
2023-10-01 $550,000 (11.2%) $646,058 (13.1%) 1.29 182
2023-11-01 $549,425 (11.9%) $612,984 (10.3%) 1.31 168
2023-12-01 $574,950 (15.0%) $628,347 (12.7%) 1.40 149
2024-01-01 $556,175 (11.4%) $605,464 (10.1%) 1.36 122
2024-02-01 $549,900 (5.3%) $593,352 (5.7%) 1.32 107
2024-03-01 $569,950 (11.8%) $609,700 (10.1%) 1.34 114
2024-04-01 $598,675 (14.6%) $629,797 (6.6%) 1.39 124
2024-05-01 $599,900 (14.1%) $675,701 (10.0%) 1.36 162
Concord's median listing price for 2024-05-01 was $599,900, a difference of $73,900 (14.1%) versus the prior year and $1,225 versus the prior month.

Concord's median listing price comes in at 136% of the national average.

Concord's average listing price for 2024-05-01 was $675,701, a difference of $61,160 (10.0%) versus the prior year and $45,904 versus the prior month.

For the 2024-05-01 period, Concord had 162 MLS listings, a difference of 38 listings (31%) versus the prior month and 50 listings (45%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Concord (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 100 days 2,194 sqft
2018-02-01 105 days 2,173 sqft
2018-03-01 72 days 2,217 sqft
2018-04-01 49 days 2,205 sqft
2018-05-01 40 days 2,169 sqft
2018-06-01 39 days 2,163 sqft
2018-07-01 48 days 2,187 sqft
2018-08-01 53 days 2,185 sqft
2018-09-01 58 days 2,180 sqft
2018-10-01 66 days 2,216 sqft
2018-11-01 74 days 2,201 sqft
2018-12-01 89 days 2,132 sqft
2019-01-01 88 days 2,160 sqft
2019-02-01 88 days 2,096 sqft
2019-03-01 65 days 2,098 sqft
2019-04-01 43 days 2,124 sqft
2019-05-01 40 days 2,121 sqft
2019-06-01 42 days 2,130 sqft
2019-07-01 48 days 2,085 sqft
2019-08-01 52 days 2,094 sqft
2019-09-01 53 days 2,079 sqft
2019-10-01 57 days 2,078 sqft
2019-11-01 67 days 2,065 sqft
2019-12-01 78 days 1,978 sqft
2020-01-01 85 days 2,016 sqft
2020-02-01 60 days 2,065 sqft
2020-03-01 43 days 2,076 sqft
2020-04-01 48 days 2,139 sqft
2020-05-01 53 days 2,125 sqft
2020-06-01 31 days 2,172 sqft
2020-07-01 38 days 2,199 sqft
2020-08-01 42 days 2,222 sqft
2020-09-01 32 days 2,073 sqft
2020-10-01 39 days 1,987 sqft
2020-11-01 45 days 2,025 sqft
2020-12-01 54 days 1,915 sqft
2021-01-01 47 days 1,846 sqft
2021-02-01 28 days 1,800 sqft
2021-03-01 16 days 1,727 sqft
2021-04-01 13 days 1,826 sqft
2021-05-01 14 days 2,072 sqft
2021-06-01 17 days 2,070 sqft
2021-07-01 25 days 2,191 sqft
2021-08-01 34 days 2,130 sqft
2021-09-01 33 days 2,096 sqft
2021-10-01 36 days 1,998 sqft
2021-11-01 40 days 1,947 sqft
2021-12-01 49 days 1,980 sqft
2022-01-01 44 days 1,883 sqft
2022-02-01 22 days 1,944 sqft
2022-03-01 14 days 1,854 sqft
2022-04-01 10 days 1,872 sqft
2022-05-01 14 days 1,921 sqft
2022-06-01 12 days 1,948 sqft
2022-07-01 23 days 2,119 sqft
2022-08-01 32 days 2,104 sqft
2022-09-01 39 days 2,141 sqft
2022-10-01 40 days 2,099 sqft
2022-11-01 39 days 2,058 sqft
2022-12-01 54 days 2,052 sqft
2023-01-01 66 days 2,073 sqft
2023-02-01 64 days 2,022 sqft
2023-03-01 35 days 1,889 sqft
2023-04-01 17 days 2,043 sqft
2023-05-01 14 days 2,056 sqft
2023-06-01 18 days 2,082 sqft
2023-07-01 24 days 2,128 sqft
2023-08-01 32 days 2,086 sqft
2023-09-01 31 days 2,154 sqft
2023-10-01 32 days 2,188 sqft
2023-11-01 39 days 2,195 sqft
2023-12-01 54 days 2,175 sqft
2024-01-01 58 days 2,060 sqft
2024-02-01 42 days 1,995 sqft
2024-03-01 29 days 2,049 sqft
2024-04-01 27 days 2,072 sqft
2024-05-01 17 days 2,107 sqft
Concord's median listing age (time on market) for 2024-05-01 was 17 days. This is 21% longer than the same period one year ago.

Concord's median square footage for active listings during the 2024-05-01 period was 2,107 sqft. One year prior, the average listing was 2,056 sqft.