Crawfordsville USDA Loan Rates, Closing Costs & Stats

Crawfordsville, IN

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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.

    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 6.46% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

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

    The average rate for the prior week (2024-12-06) was 6.7% and one month ago for the week of 2024-11-08, the average rate was 6.51%.

    The average rate one year ago was 6.88%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.5%.

    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
    2024-06-01 $255,000 (9.9%) $298,627 (13.1%) 0.00 60
    2024-07-01 $249,900 (-7.4%) $294,472 (-2.3%) 0.00 63
    2024-08-01 $244,000 (-9.1%) $276,984 (-5.3%) 0.00 72
    2024-09-01 $239,950 (-11.1%) $264,537 (-8.7%) 0.00 86
    2024-10-01 $231,700 (-5.4%) $261,099 (-4.6%) 0.00 85
    2024-11-01 $212,450 (-11.8%) $241,568 (-11.7%) 0.00 88
    Crawfordsville's median listing price for 2024-11-01 was $212,450, a difference of $-28,500 (-11.8%) versus the prior year and $-19,250 versus the prior month.

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

    Crawfordsville's average listing price for 2024-11-01 was $241,568, a difference of $-31,986 (-11.7%) versus the prior year and $-19,531 versus the prior month.

    For the 2024-11-01 period, Crawfordsville had 88 MLS listings, a difference of 3 listings (4%) versus the prior month and 9 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
    2024-04-01 0 days 2,456 sqft
    2024-05-01 0 days 2,055 sqft
    2024-06-01 0 days 2,101 sqft
    2024-07-01 0 days 2,227 sqft
    2024-08-01 0 days 2,111 sqft
    2024-09-01 0 days 2,049 sqft
    2024-10-01 0 days 2,134 sqft
    2024-11-01 0 days 2,042 sqft
    Crawfordsville's median listing age (time on market) for 2024-11-01 was 0 days.

    Crawfordsville's median square footage for active listings during the 2024-11-01 period was 2,042 sqft. One year prior, the average listing was 2,241 sqft.