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
7.22%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Crawfordsville's average USDA mortgage closing costs are $3,704.
The average rate for the prior week (2024-04-12) was
6.87% and
one month ago for the week of 2024-03-15, the
average rate was 6.75%.
The average rate one year ago was 6.49%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.76%.
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 |
Crawfordsville's median listing price comes in at 0% of the national average.
Crawfordsville's average listing price for 2024-03-01 was $312,735, a difference of $87,499 (38.9%) versus the prior year and $24,227 versus the prior month.
For the 2024-03-01 period, Crawfordsville had 47 MLS listings, a difference of -8 listings (-15%) versus the prior month and -6 listings (-11%) 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 |
Crawfordsville's median square footage for active listings during the 2024-03-01 period was 2,520 sqft. One year prior, the average listing was 1,683 sqft.