Crawfordsville USDA Loan Rates, Closing Costs & Stats

Crawfordsville, IN

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.

Crawfordsville's 12 lenders originated 53 USDA loans during 2023. The total origination value was $8,675,000, with an average USDA loan value of $163,679.

Crawfordsville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Crawfordsville averaged 6.76% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

Crawfordsville's average USDA mortgage closing costs are $3,704.

The average rate for the prior week (2024-05-31) was 6.84% and one month ago for the week of 2024-05-03, the average rate was 7.23%.

The average rate one year ago was 7.03%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.6%.

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

Crawfordsville 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 Crawfordsville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
University Bank 25 6.88% $5,435
Wolfe Financial, Inc 14 7.15% $5,091
RUOFF MORTGAGE COMPANY, INC. 4 7.31% $2,697
Bankers' Bank 2 7.13% $4,932
Flanagan State Bank 1 7.63% $7,064
GUILD MORTGAGE COMPANY 1 7.13% $6,324
GVC MORTGAGE, INC. 1 7.13% $6,111
Mortgage Research Center, LLC 1 7.50% $2,475
Paramount Residential Mortgage Group, Inc. 1 6.50% $5,759
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.25% $3,606
Equity Prime Mortgage LLC 1 6.63% $6,533
CALIBER HOME LOANS, INC. 1 6.75% $5,390

The top Crawfordsville USDA lender as defined by loan originations is University Bank, with 25 USDA loans originated. Their average total fees are $5,435, which is $344 higher than the next largest lender, Wolfe Financial, Inc.

The lowest fee Crawfordsville USDA lenders (with over 10 loans originated) are Wolfe Financial, Inc ($5,091), University Bank ($5,435), .

The lowest rate Crawfordsville USDA lenders (with over 10 loans originated) are University Bank (6.88%), Wolfe Financial, Inc (7.15%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Crawfordsville (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 $129,450 (29.5%) $196,553 (24.6%) 0.00 131
2018-02-01 $137,500 (24.8%) $202,578 (22.7%) 0.00 134
2018-03-01 $138,400 (33.1%) $198,255 (20.3%) 0.00 130
2018-04-01 $128,800 (7.4%) $194,327 (10.7%) 0.00 128
2018-05-01 $138,650 (15.6%) $190,772 (3.9%) 0.00 135
2018-06-01 $144,700 (19.4%) $192,903 (6.2%) 0.00 145
2018-07-01 $149,900 (5.2%) $204,041 (-3.0%) 0.00 151
2018-08-01 $147,200 (1.3%) $203,027 (-3.0%) 0.00 156
2018-09-01 $139,900 (-5.8%) $205,696 (-1.1%) 0.00 149
2018-10-01 $134,800 (-5.9%) $188,352 (-11.1%) 0.00 163
2018-11-01 $129,800 (-6.7%) $194,311 (-8.0%) 0.00 154
2018-12-01 $142,900 (10.0%) $196,115 (-2.8%) 0.00 136
2019-01-01 $123,700 (-4.4%) $190,877 (-2.9%) 0.00 125
2019-02-01 $112,750 (-18.0%) $143,612 (-29.1%) 0.00 99
2019-03-01 $125,671 (-9.2%) $159,470 (-19.6%) 0.00 95
2019-04-01 $140,950 (9.4%) $165,601 (-14.8%) 0.00 87
2019-05-01 $141,950 (2.4%) $167,150 (-12.4%) 0.00 87
2019-06-01 $135,000 (-6.7%) $163,926 (-15.0%) 0.00 93
2019-07-01 $149,900 (0.0%) $171,118 (-16.1%) 0.00 115
2019-08-01 $143,050 (-2.8%) $169,023 (-16.8%) 0.00 105
2019-09-01 $137,200 (-1.9%) $166,992 (-18.8%) 0.00 114
2019-10-01 $134,425 (-0.3%) $165,111 (-12.3%) 0.00 121
2019-11-01 $143,700 (10.7%) $166,439 (-14.3%) 0.00 113
2019-12-01 $141,200 (-1.2%) $167,512 (-14.6%) 0.00 105
2020-01-01 $142,600 (15.3%) $179,705 (-5.9%) 0.00 102
2020-02-01 $141,200 (25.2%) $179,627 (25.1%) 0.00 94
2020-03-01 $143,000 (13.8%) $188,040 (17.9%) 0.00 82
2020-04-01 $148,350 (5.3%) $193,730 (17.0%) 0.00 74
2020-05-01 $159,900 (12.7%) $209,898 (25.6%) 0.00 59
2020-06-01 $159,575 (18.2%) $217,135 (32.5%) 0.00 49
2020-07-01 $178,800 (19.3%) $220,574 (28.9%) 0.00 50
2020-08-01 $172,400 (20.5%) $205,386 (21.5%) 0.00 51
2020-09-01 $162,350 (18.3%) $194,513 (16.5%) 0.00 48
2020-10-01 $139,900 (4.1%) $191,715 (16.1%) 0.00 47
2020-11-01 $156,225 (8.7%) $189,126 (13.6%) 0.00 45
2020-12-01 $169,750 (20.2%) $187,799 (12.1%) 0.00 37
2021-01-01 $169,500 (18.9%) $173,056 (-3.7%) 0.00 30
2021-02-01 $168,563 (19.4%) $195,547 (8.9%) 0.00 23
2021-03-01 $159,900 (11.8%) $195,364 (3.9%) 0.00 23
2021-04-01 $197,075 (32.8%) $223,678 (15.5%) 0.00 23
2021-05-01 $190,000 (18.8%) $223,499 (6.5%) 0.00 31
2021-06-01 $180,675 (13.2%) $220,111 (1.4%) 0.00 35
2021-07-01 $205,000 (14.7%) $210,497 (-4.6%) 0.00 47
2021-08-01 $171,700 (-0.4%) $197,603 (-3.8%) 0.00 50
2021-09-01 $189,000 (16.4%) $211,739 (8.9%) 0.00 52
2021-10-01 $189,900 (35.7%) $219,058 (14.3%) 0.00 45
2021-11-01 $183,375 (17.4%) $230,826 (22.1%) 0.00 49
2021-12-01 $192,000 (13.1%) $230,292 (22.6%) 0.00 53
2022-01-01 $163,950 (-3.3%) $222,516 (28.6%) 0.00 36
2022-02-01 $172,450 (2.3%) $218,184 (11.6%) 0.00 26
2022-03-01 $167,225 (4.6%) $236,697 (21.2%) 0.00 24
2022-04-01 $159,950 (-18.8%) $222,948 (-0.3%) 0.00 29
2022-05-01 $204,550 (7.7%) $258,361 (15.6%) 0.00 40
2022-06-01 $194,950 (7.9%) $246,468 (12.0%) 0.00 50
2022-07-01 $209,900 (2.4%) $241,417 (14.7%) 0.00 63
2022-08-01 $199,450 (16.2%) $234,257 (18.6%) 0.00 59
2022-09-01 $183,675 (-2.8%) $226,932 (7.2%) 0.00 52
2022-10-01 $202,500 (6.6%) $228,713 (4.4%) 0.00 63
2022-11-01 $198,350 (8.2%) $243,008 (5.3%) 0.00 73
2022-12-01 $200,000 (4.2%) $253,471 (10.1%) 0.00 73
2023-01-01 $196,125 (19.6%) $247,629 (11.3%) 0.00 69
2023-02-01 $187,475 (8.7%) $238,439 (9.3%) 0.00 54
2023-03-01 $188,100 (12.5%) $225,236 (-4.8%) 0.00 53
2023-04-01 $194,950 (21.9%) $244,122 (9.5%) 0.00 39
2023-05-01 $189,725 (-7.3%) $244,085 (-5.5%) 0.00 44
2023-06-01 $231,950 (19.0%) $264,117 (7.2%) 0.00 50
2023-07-01 $270,000 (28.6%) $301,289 (24.8%) 0.00 43
2023-08-01 $268,450 (34.6%) $292,465 (24.9%) 0.00 48
2023-09-01 $269,900 (46.9%) $289,848 (27.7%) 0.00 58
2023-10-01 $244,950 (21.0%) $273,589 (19.6%) 0.00 79
2023-11-01 $240,950 (21.5%) $273,554 (12.6%) 0.00 79
2023-12-01 $242,450 (21.2%) $277,997 (9.7%) 0.00 77
2024-01-01 $256,000 (30.5%) $287,746 (16.2%) 0.00 60
2024-02-01 $257,475 (37.3%) $288,508 (21.0%) 0.00 55
2024-03-01 $284,950 (51.5%) $312,735 (38.9%) 0.00 47
2024-04-01 $255,425 (31.0%) $294,898 (20.8%) 0.00 45
2024-05-01 $244,925 (29.1%) $295,485 (21.1%) 0.00 52
Crawfordsville's median listing price for 2024-05-01 was $244,925, a difference of $55,200 (29.1%) versus the prior year and $-10,500 versus the prior month.

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

Crawfordsville's average listing price for 2024-05-01 was $295,485, a difference of $51,400 (21.1%) versus the prior year and $587 versus the prior month.

For the 2024-05-01 period, Crawfordsville had 52 MLS listings, a difference of 7 listings (16%) versus the prior month and 8 listings (18%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Crawfordsville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,995 sqft
2018-02-01 0 days 2,000 sqft
2018-03-01 0 days 1,996 sqft
2018-04-01 0 days 1,986 sqft
2018-05-01 0 days 1,992 sqft
2018-06-01 0 days 2,058 sqft
2018-07-01 0 days 2,111 sqft
2018-08-01 0 days 2,062 sqft
2018-09-01 0 days 2,216 sqft
2018-10-01 0 days 2,234 sqft
2018-11-01 0 days 2,216 sqft
2018-12-01 0 days 2,194 sqft
2019-01-01 0 days 2,019 sqft
2019-02-01 0 days 1,980 sqft
2019-03-01 0 days 2,003 sqft
2019-04-01 0 days 2,053 sqft
2019-05-01 0 days 2,131 sqft
2019-06-01 0 days 2,128 sqft
2019-07-01 0 days 2,080 sqft
2019-08-01 0 days 2,046 sqft
2019-09-01 0 days 1,996 sqft
2019-10-01 0 days 2,029 sqft
2019-11-01 0 days 2,018 sqft
2019-12-01 0 days 1,971 sqft
2020-01-01 0 days 1,844 sqft
2020-02-01 0 days 1,885 sqft
2020-03-01 0 days 1,843 sqft
2020-04-01 0 days 1,988 sqft
2020-05-01 0 days 2,016 sqft
2020-06-01 0 days 2,014 sqft
2020-07-01 0 days 2,066 sqft
2020-08-01 0 days 2,088 sqft
2020-09-01 0 days 2,204 sqft
2020-10-01 0 days 2,081 sqft
2020-11-01 0 days 2,388 sqft
2020-12-01 0 days 2,088 sqft
2021-01-01 0 days 1,987 sqft
2021-02-01 0 days 1,928 sqft
2021-03-01 0 days 1,894 sqft
2021-04-01 0 days 2,170 sqft
2021-05-01 0 days 2,066 sqft
2021-06-01 0 days 2,014 sqft
2021-07-01 0 days 2,052 sqft
2021-08-01 0 days 2,014 sqft
2021-09-01 0 days 2,103 sqft
2021-10-01 0 days 1,983 sqft
2021-11-01 0 days 2,139 sqft
2021-12-01 0 days 2,074 sqft
2022-01-01 0 days 1,849 sqft
2022-02-01 0 days 1,865 sqft
2022-03-01 0 days 1,753 sqft
2022-04-01 0 days 1,855 sqft
2022-05-01 0 days 1,936 sqft
2022-06-01 0 days 2,030 sqft
2022-07-01 0 days 2,009 sqft
2022-08-01 0 days 2,068 sqft
2022-09-01 0 days 1,892 sqft
2022-10-01 0 days 1,960 sqft
2022-11-01 0 days 1,879 sqft
2022-12-01 0 days 1,898 sqft
2023-01-01 0 days 1,814 sqft
2023-02-01 0 days 1,763 sqft
2023-03-01 0 days 1,683 sqft
2023-04-01 0 days 2,127 sqft
2023-05-01 0 days 1,812 sqft
2023-06-01 0 days 2,028 sqft
2023-07-01 0 days 2,260 sqft
2023-08-01 0 days 2,172 sqft
2023-09-01 0 days 2,283 sqft
2023-10-01 0 days 2,299 sqft
2023-11-01 0 days 2,241 sqft
2023-12-01 0 days 2,196 sqft
2024-01-01 0 days 2,192 sqft
2024-02-01 0 days 2,409 sqft
2024-03-01 0 days 2,520 sqft
2024-04-01 0 days 2,456 sqft
2024-05-01 0 days 2,055 sqft
Crawfordsville's median listing age (time on market) for 2024-05-01 was 0 days.

Crawfordsville's median square footage for active listings during the 2024-05-01 period was 2,055 sqft. One year prior, the average listing was 1,812 sqft.