Cornelia USDA Loan Rates, Closing Costs & Stats

Cornelia, GA

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    • 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.

    Cornelia's 8 lenders originated 13 USDA loans during 2023. The total origination value was $3,355,000, with an average USDA loan value of $258,077.

    Cornelia USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Cornelia averaged 6.41% for the week of 2025-02-14, compared to the national average (all USDA variants) of 6.526% for the same period.

    Cornelia's average USDA mortgage closing costs are $4,685.

    The average rate for the prior week (2025-02-07) was 6.67% and one month ago for the week of 2025-01-10, the average rate was 6.51%.

    The average rate one year ago was 6.7%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.43%.

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

    Cornelia 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 Cornelia level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 4 6.06% $9,956
    HOMESTAR FINANCIAL CORPORATION 2 6.50% $3,616
    HOMEOWNERS FINANCIAL GROUP USA, LLC 2 6.63% $7,303
    CROSSCOUNTRY MORTGAGE, LLC 1 6.25% $12,580
    AMERICAN FINANCIAL RESOURCES, INC. 1 5.63% $14,896
    Prosperity Home Mortgage, LLC 1 7.13% $13,421
    Synovus Bank 1 5.50% $8,111
    First Option Mortgage, LLC 1 7.13% $10,211

    The top Cornelia USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 4 USDA loans originated. Their average total fees are $9,956, which is $6,340 higher than the next largest lender, HOMESTAR FINANCIAL CORPORATION.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Cornelia (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 $299,000 (-0.2%) $472,658 (-12.5%) 0.00 228
    2018-02-01 $303,100 (5.2%) $481,822 (-9.0%) 0.00 225
    2018-03-01 $324,900 (18.4%) $566,702 (7.7%) 0.00 226
    2018-04-01 $334,450 (6.2%) $579,816 (6.9%) 0.00 227
    2018-05-01 $329,900 (3.1%) $587,001 (8.2%) 0.00 218
    2018-06-01 $339,450 (4.7%) $581,490 (5.5%) 0.00 235
    2018-07-01 $334,925 (2.3%) $583,940 (9.5%) 0.00 253
    2018-08-01 $330,200 (9.3%) $592,336 (14.9%) 0.00 243
    2018-09-01 $334,900 (8.4%) $595,367 (18.9%) 0.00 260
    2018-10-01 $327,750 (4.5%) $595,622 (19.2%) 0.00 281
    2018-11-01 $302,200 (0.8%) $601,094 (24.7%) 0.00 279
    2018-12-01 $299,900 (0.0%) $627,203 (31.7%) 0.00 263
    2019-01-01 $298,425 (-0.2%) $640,070 (35.4%) 0.00 241
    2019-02-01 $335,000 (10.5%) $646,154 (34.1%) 0.00 237
    2019-03-01 $329,307 (1.4%) $643,205 (13.5%) 0.00 237
    2019-04-01 $305,725 (-8.6%) $612,012 (5.6%) 0.00 257
    2019-05-01 $344,450 (4.4%) $635,073 (8.2%) 0.00 261
    2019-06-01 $339,900 (0.1%) $625,617 (7.6%) 0.00 271
    2019-07-01 $320,999 (-4.2%) $625,454 (7.1%) 0.00 275
    2019-08-01 $294,077 (-10.9%) $594,133 (0.3%) 0.00 272
    2019-09-01 $277,693 (-17.1%) $563,298 (-5.4%) 0.00 279
    2019-10-01 $284,020 (-13.3%) $569,527 (-4.4%) 0.00 264
    2019-11-01 $299,900 (-0.8%) $601,555 (0.1%) 0.00 232
    2019-12-01 $299,675 (-0.1%) $641,840 (2.3%) 0.00 226
    2020-01-01 $323,375 (8.4%) $682,955 (6.7%) 0.00 206
    2020-02-01 $327,200 (-2.3%) $655,987 (1.5%) 0.00 210
    2020-03-01 $346,000 (5.1%) $637,989 (-0.8%) 0.00 194
    2020-04-01 $346,225 (13.3%) $625,977 (2.3%) 0.00 203
    2020-05-01 $339,900 (-1.3%) $627,209 (-1.2%) 0.00 203
    2020-06-01 $349,450 (2.8%) $674,457 (7.8%) 0.00 186
    2020-07-01 $336,175 (4.7%) $657,331 (5.1%) 0.00 171
    2020-08-01 $327,450 (11.4%) $645,677 (8.7%) 0.00 149
    2020-09-01 $320,925 (15.6%) $601,078 (6.7%) 0.00 134
    2020-10-01 $324,900 (14.4%) $627,285 (10.1%) 0.00 111
    2020-11-01 $325,000 (8.4%) $640,937 (6.6%) 0.00 109
    2020-12-01 $299,450 (-0.1%) $656,174 (2.2%) 0.00 104
    2021-01-01 $354,900 (9.8%) $658,137 (-3.6%) 0.00 94
    2021-02-01 $334,000 (2.1%) $590,010 (-10.1%) 0.00 86
    2021-03-01 $352,225 (1.8%) $601,967 (-5.7%) 0.00 83
    2021-04-01 $359,725 (3.9%) $595,307 (-4.9%) 0.00 66
    2021-05-01 $331,000 (-2.6%) $565,322 (-9.9%) 0.00 68
    2021-06-01 $337,250 (-3.5%) $587,376 (-12.9%) 0.00 76
    2021-07-01 $399,900 (19.0%) $651,865 (-0.8%) 0.00 73
    2021-08-01 $352,860 (7.8%) $588,933 (-8.8%) 0.00 78
    2021-09-01 $307,225 (-4.3%) $586,199 (-2.5%) 0.00 87
    2021-10-01 $316,400 (-2.6%) $545,199 (-13.1%) 0.00 88
    2021-11-01 $334,500 (2.9%) $528,220 (-17.6%) 0.00 88
    2021-12-01 $327,000 (9.2%) $537,275 (-18.1%) 0.00 78
    2022-01-01 $334,900 (-5.6%) $490,004 (-25.6%) 0.00 79
    2022-02-01 $334,300 (0.1%) $478,378 (-18.9%) 0.00 80
    2022-03-01 $349,975 (-0.6%) $441,563 (-26.7%) 0.00 77
    2022-04-01 $333,000 (-7.4%) $455,218 (-23.5%) 0.00 81
    2022-05-01 $329,450 (-0.5%) $481,219 (-14.9%) 0.00 76
    2022-06-01 $346,225 (2.7%) $545,424 (-7.1%) 0.00 99
    2022-07-01 $369,900 (-7.5%) $576,483 (-11.6%) 0.00 136
    2022-08-01 $368,675 (4.5%) $537,663 (-8.7%) 0.00 149
    2022-09-01 $353,988 (15.2%) $519,974 (-11.3%) 0.00 149
    2022-10-01 $349,900 (10.6%) $546,946 (0.3%) 0.00 157
    2022-11-01 $357,400 (6.9%) $584,759 (10.7%) 0.00 167
    2022-12-01 $379,900 (16.2%) $661,026 (23.0%) 0.00 151
    2023-01-01 $399,200 (19.2%) $724,269 (47.8%) 0.00 133
    2023-02-01 $399,900 (19.6%) $749,116 (56.6%) 0.00 122
    2023-03-01 $401,950 (14.9%) $795,782 (80.2%) 0.00 114
    2023-04-01 $410,000 (23.1%) $782,233 (71.8%) 0.00 101
    2023-05-01 $448,000 (36.0%) $813,195 (69.0%) 0.00 104
    2023-06-01 $439,675 (27.0%) $737,625 (35.2%) 0.00 107
    2023-07-01 $399,000 (7.9%) $680,224 (18.0%) 0.00 133
    2023-08-01 $388,250 (5.3%) $650,895 (21.1%) 0.00 132
    2023-09-01 $390,000 (10.2%) $635,411 (22.2%) 0.00 139
    2023-10-01 $384,450 (9.9%) $566,400 (3.6%) 0.00 139
    2023-11-01 $385,725 (7.9%) $629,078 (7.6%) 0.00 133
    2023-12-01 $375,000 (-1.3%) $641,177 (-3.0%) 0.00 137
    2024-01-01 $373,375 (-6.5%) $631,104 (-12.9%) 0.00 123
    2024-02-01 $399,225 (-0.2%) $679,358 (-9.3%) 0.00 111
    2024-03-01 $399,900 (-0.5%) $669,282 (-15.9%) 0.00 124
    2024-04-01 $433,750 (5.8%) $679,779 (-13.1%) 0.00 131
    2024-05-01 $427,000 (-4.7%) $627,932 (-22.8%) 0.00 138
    2024-06-01 $425,500 (-3.2%) $611,920 (-17.0%) 0.00 147
    2024-07-01 $430,000 (7.8%) $609,507 (-10.4%) 0.00 156
    2024-08-01 $422,250 (8.8%) $612,891 (-5.8%) 0.00 165
    2024-09-01 $417,475 (7.0%) $595,040 (-6.4%) 0.00 169
    2024-10-01 $414,475 (7.8%) $570,268 (0.7%) 0.00 177
    2024-11-01 $389,000 (0.9%) $574,326 (-8.7%) 0.00 182
    2024-12-01 $379,849 (1.3%) $573,106 (-10.6%) 0.00 181
    2025-01-01 $384,950 (3.1%) $565,947 (-10.3%) 0.00 172
    Cornelia's median listing price for 2025-01-01 was $384,950, a difference of $11,575 (3.1%) versus the prior year and $5,101 versus the prior month.

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

    Cornelia's average listing price for 2025-01-01 was $565,947, a difference of $-65,157 (-10.3%) versus the prior year and $-7,159 versus the prior month.

    For the 2025-01-01 period, Cornelia had 172 MLS listings, a difference of -9 listings (-5%) versus the prior month and 49 listings (40%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cornelia (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,345 sqft
    2018-02-01 0 days 2,466 sqft
    2018-03-01 0 days 2,520 sqft
    2018-04-01 0 days 2,631 sqft
    2018-05-01 0 days 2,627 sqft
    2018-06-01 0 days 2,562 sqft
    2018-07-01 0 days 2,500 sqft
    2018-08-01 0 days 2,528 sqft
    2018-09-01 0 days 2,582 sqft
    2018-10-01 0 days 2,517 sqft
    2018-11-01 0 days 2,425 sqft
    2018-12-01 0 days 2,400 sqft
    2019-01-01 0 days 2,475 sqft
    2019-02-01 0 days 2,583 sqft
    2019-03-01 0 days 2,579 sqft
    2019-04-01 0 days 2,574 sqft
    2019-05-01 0 days 2,582 sqft
    2019-06-01 0 days 2,579 sqft
    2019-07-01 0 days 2,527 sqft
    2019-08-01 0 days 2,452 sqft
    2019-09-01 0 days 2,423 sqft
    2019-10-01 0 days 2,386 sqft
    2019-11-01 0 days 2,350 sqft
    2019-12-01 0 days 2,403 sqft
    2020-01-01 0 days 2,529 sqft
    2020-02-01 0 days 2,496 sqft
    2020-03-01 0 days 2,458 sqft
    2020-04-01 0 days 2,469 sqft
    2020-05-01 0 days 2,555 sqft
    2020-06-01 0 days 2,560 sqft
    2020-07-01 0 days 2,442 sqft
    2020-08-01 0 days 2,400 sqft
    2020-09-01 0 days 2,320 sqft
    2020-10-01 0 days 2,218 sqft
    2020-11-01 0 days 2,278 sqft
    2020-12-01 0 days 2,279 sqft
    2021-01-01 0 days 2,451 sqft
    2021-02-01 0 days 2,153 sqft
    2021-03-01 0 days 2,187 sqft
    2021-04-01 0 days 2,161 sqft
    2021-05-01 0 days 2,040 sqft
    2021-06-01 0 days 2,192 sqft
    2021-07-01 0 days 2,288 sqft
    2021-08-01 0 days 2,166 sqft
    2021-09-01 0 days 2,135 sqft
    2021-10-01 0 days 2,126 sqft
    2021-11-01 0 days 2,000 sqft
    2021-12-01 0 days 2,012 sqft
    2022-01-01 0 days 1,991 sqft
    2022-02-01 0 days 1,869 sqft
    2022-03-01 0 days 1,981 sqft
    2022-04-01 0 days 1,794 sqft
    2022-05-01 0 days 1,747 sqft
    2022-06-01 0 days 1,919 sqft
    2022-07-01 0 days 2,089 sqft
    2022-08-01 0 days 2,185 sqft
    2022-09-01 0 days 2,177 sqft
    2022-10-01 0 days 2,110 sqft
    2022-11-01 0 days 2,220 sqft
    2022-12-01 0 days 2,161 sqft
    2023-01-01 0 days 2,199 sqft
    2023-02-01 0 days 2,197 sqft
    2023-03-01 0 days 2,229 sqft
    2023-04-01 0 days 2,393 sqft
    2023-05-01 0 days 2,440 sqft
    2023-06-01 0 days 2,248 sqft
    2023-07-01 0 days 2,161 sqft
    2023-08-01 0 days 2,155 sqft
    2023-09-01 0 days 2,131 sqft
    2023-10-01 0 days 2,162 sqft
    2023-11-01 0 days 2,164 sqft
    2023-12-01 0 days 2,102 sqft
    2024-01-01 0 days 1,912 sqft
    2024-02-01 0 days 2,179 sqft
    2024-03-01 0 days 2,180 sqft
    2024-04-01 0 days 2,158 sqft
    2024-05-01 0 days 2,144 sqft
    2024-06-01 0 days 2,205 sqft
    2024-07-01 0 days 2,266 sqft
    2024-08-01 0 days 2,262 sqft
    2024-09-01 0 days 2,221 sqft
    2024-10-01 0 days 2,189 sqft
    2024-11-01 0 days 2,131 sqft
    2024-12-01 0 days 2,052 sqft
    2025-01-01 0 days 1,931 sqft
    Cornelia's median listing age (time on market) for 2025-01-01 was 0 days.

    Cornelia's median square footage for active listings during the 2025-01-01 period was 1,931 sqft. One year prior, the average listing was 1,912 sqft.