Crestview USDA Loan Rates, Closing Costs & Stats
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL
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.
Crestview's 14 lenders originated 21 USDA loans during 2023. The total origination value was $5,015,000, with an average USDA loan value of $238,810.
Crestview USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Crestview
averaged
6.69%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Crestview's average USDA mortgage closing costs are $5,377.
The average rate for the prior week (2024-04-12) was
6.64% and
one month ago for the week of 2024-03-15, the
average rate was 6.53%.
The average rate one year ago was 6.26%.
For refis of the same type during the week of 2024-04-19, the average rate
was 7.24%.
Crestview 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 Crestview level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| MOVEMENT MORTGAGE, LLC | 4 | 6.38% | $9,331 |
| Bank of England | 3 | 5.71% | $9,832 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 2 | 6.56% | $8,170 |
| Waterstone Mortgage Corporation | 2 | 6.25% | $8,556 |
| 1ST SIGNATURE LENDING, LLC | 1 | 6.75% | $11,731 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 5.25% | $16,382 |
| SUCCESS MORTGAGE PARTNERS, INC. | 1 | 7.63% | $6,480 |
| SUN WEST MORTGAGE COMPANY, INC. | 1 | 7.10% | $5,442 |
| THE MORTGAGE FIRM, INC. | 1 | 6.25% | $10,784 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 5.50% | $8,789 |
| NEWREZ LLC | 1 | 6.75% | $5,270 |
| Ameris Bank | 1 | 7.63% | $7,866 |
| FIRST STATE MORTGAGE SERVICES, LLC | 1 | 6.00% | $7,329 |
| INSPIRE HOME LOANS INC. | 1 | 4.88% | $6,704 |
The top Crestview USDA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with
4 USDA loans originated. Their average total fees are
$9,331, which is $501
lower than the next largest lender,
Bank of England.
The lowest fee Crestview USDA lenders (with over 10 loans originated) are
.
The lowest rate Crestview USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Crestview (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 | $398,500 (4.2%) | $729,543 (0.0%) | 1.48 | 3,256 |
| 2018-02-01 | $399,000 (1.7%) | $717,782 (-3.0%) | 1.45 | 3,313 |
| 2018-03-01 | $399,000 (0.0%) | $730,276 (-2.0%) | 1.40 | 3,401 |
| 2018-04-01 | $399,250 (1.1%) | $735,377 (0.1%) | 1.35 | 3,472 |
| 2018-05-01 | $399,450 (0.4%) | $737,944 (-0.2%) | 1.33 | 3,477 |
| 2018-06-01 | $399,999 (0.0%) | $736,346 (-1.2%) | 1.33 | 3,541 |
| 2018-07-01 | $399,000 (-1.0%) | $728,970 (-3.1%) | 1.33 | 3,580 |
| 2018-08-01 | $397,000 (-5.0%) | $735,618 (-3.1%) | 1.33 | 3,529 |
| 2018-09-01 | $399,000 (-2.7%) | $725,507 (-3.4%) | 1.34 | 3,537 |
| 2018-10-01 | $399,450 (-0.6%) | $732,231 (-1.5%) | 1.35 | 3,494 |
| 2018-11-01 | $399,000 (-0.1%) | $728,089 (-0.8%) | 1.35 | 3,440 |
| 2018-12-01 | $417,000 (4.4%) | $754,393 (2.3%) | 1.44 | 3,327 |
| 2019-01-01 | $422,399 (6.0%) | $758,325 (4.0%) | 1.46 | 3,184 |
| 2019-02-01 | $427,500 (7.1%) | $771,619 (7.5%) | 1.44 | 3,182 |
| 2019-03-01 | $450,086 (12.8%) | $793,481 (8.7%) | 1.47 | 3,245 |
| 2019-04-01 | $469,100 (17.5%) | $818,991 (11.4%) | 1.49 | 3,323 |
| 2019-05-01 | $474,950 (18.9%) | $843,541 (14.3%) | 1.48 | 3,287 |
| 2019-06-01 | $477,767 (19.4%) | $843,547 (14.6%) | 1.49 | 3,264 |
| 2019-07-01 | $482,138 (20.8%) | $860,762 (18.1%) | 1.51 | 3,221 |
| 2019-08-01 | $489,034 (23.2%) | $873,717 (18.8%) | 1.55 | 3,195 |
| 2019-09-01 | $495,160 (24.1%) | $881,502 (21.5%) | 1.58 | 3,183 |
| 2019-10-01 | $499,963 (25.2%) | $887,141 (21.2%) | 1.61 | 3,173 |
| 2019-11-01 | $500,000 (25.3%) | $885,588 (21.6%) | 1.64 | 3,096 |
| 2019-12-01 | $499,900 (19.9%) | $883,288 (17.1%) | 1.67 | 2,961 |
| 2020-01-01 | $505,000 (19.6%) | $880,533 (16.1%) | 1.69 | 2,800 |
| 2020-02-01 | $525,000 (22.8%) | $901,590 (16.8%) | 1.72 | 2,718 |
| 2020-03-01 | $530,146 (17.8%) | $905,035 (14.1%) | 1.66 | 2,890 |
| 2020-04-01 | $519,875 (10.8%) | $874,087 (6.7%) | 1.63 | 3,121 |
| 2020-05-01 | $525,000 (10.5%) | $881,975 (4.6%) | 1.60 | 3,118 |
| 2020-06-01 | $499,950 (4.6%) | $895,456 (6.2%) | 1.47 | 2,716 |
| 2020-07-01 | $508,000 (5.4%) | $929,291 (8.0%) | 1.47 | 2,460 |
| 2020-08-01 | $499,000 (2.0%) | $941,820 (7.8%) | 1.43 | 2,245 |
| 2020-09-01 | $497,975 (0.6%) | $940,559 (6.7%) | 1.43 | 2,068 |
| 2020-10-01 | $489,900 (-2.0%) | $968,458 (9.2%) | 1.40 | 1,927 |
| 2020-11-01 | $479,000 (-4.2%) | $970,847 (9.6%) | 1.40 | 1,859 |
| 2020-12-01 | $473,978 (-5.2%) | $980,210 (11.0%) | 1.41 | 1,678 |
| 2021-01-01 | $468,900 (-7.2%) | $993,524 (12.8%) | 1.40 | 1,453 |
| 2021-02-01 | $473,393 (-9.8%) | $1,016,333 (12.7%) | 1.38 | 1,174 |
| 2021-03-01 | $499,000 (-5.9%) | $1,055,618 (16.6%) | 1.42 | 1,029 |
| 2021-04-01 | $565,000 (8.7%) | $1,121,784 (28.3%) | 1.53 | 983 |
| 2021-05-01 | $619,500 (18.0%) | $1,162,236 (31.8%) | 1.65 | 1,023 |
| 2021-06-01 | $599,450 (19.9%) | $1,153,952 (28.9%) | 1.58 | 1,182 |
| 2021-07-01 | $599,900 (18.1%) | $1,143,037 (23.0%) | 1.58 | 1,449 |
| 2021-08-01 | $599,950 (20.2%) | $1,128,583 (19.8%) | 1.60 | 1,649 |
| 2021-09-01 | $609,963 (22.5%) | $1,144,800 (21.7%) | 1.63 | 1,683 |
| 2021-10-01 | $599,900 (22.5%) | $1,141,658 (17.9%) | 1.60 | 1,614 |
| 2021-11-01 | $607,450 (26.8%) | $1,143,031 (17.7%) | 1.62 | 1,500 |
| 2021-12-01 | $601,275 (26.9%) | $1,150,481 (17.4%) | 1.63 | 1,295 |
| 2022-01-01 | $599,909 (27.9%) | $1,204,534 (21.2%) | 1.62 | 1,060 |
| 2022-02-01 | $604,725 (27.7%) | $1,268,593 (24.8%) | 1.57 | 859 |
| 2022-03-01 | $620,799 (24.4%) | $1,301,722 (23.3%) | 1.55 | 930 |
| 2022-04-01 | $646,485 (14.4%) | $1,347,231 (20.1%) | 1.54 | 1,163 |
| 2022-05-01 | $649,500 (4.8%) | $1,341,620 (15.4%) | 1.48 | 1,521 |
| 2022-06-01 | $685,800 (14.4%) | $1,390,186 (20.5%) | 1.53 | 1,878 |
| 2022-07-01 | $689,950 (15.0%) | $1,394,484 (22.0%) | 1.55 | 2,339 |
| 2022-08-01 | $667,125 (11.2%) | $1,360,971 (20.6%) | 1.54 | 2,496 |
| 2022-09-01 | $662,500 (8.6%) | $1,327,859 (16.0%) | 1.55 | 2,593 |
| 2022-10-01 | $669,000 (11.5%) | $1,320,969 (15.7%) | 1.57 | 2,683 |
| 2022-11-01 | $648,475 (6.8%) | $1,293,765 (13.2%) | 1.56 | 2,736 |
| 2022-12-01 | $639,900 (6.4%) | $1,294,220 (12.5%) | 1.58 | 2,615 |
| 2023-01-01 | $627,450 (4.6%) | $1,271,837 (5.6%) | 1.55 | 2,520 |
| 2023-02-01 | $632,200 (4.5%) | $1,288,481 (1.6%) | 1.53 | 2,468 |
| 2023-03-01 | $667,450 (7.5%) | $1,349,862 (3.7%) | 1.57 | 2,432 |
| 2023-04-01 | $699,500 (8.2%) | $1,405,742 (4.3%) | 1.63 | 2,470 |
| 2023-05-01 | $719,450 (10.8%) | $1,449,095 (8.0%) | 1.63 | 2,546 |
| 2023-06-01 | $725,000 (5.7%) | $1,450,078 (4.3%) | 1.63 | 2,663 |
| 2023-07-01 | $725,000 (5.1%) | $1,429,656 (2.5%) | 1.65 | 2,827 |
| 2023-08-01 | $719,800 (7.9%) | $1,417,101 (4.1%) | 1.65 | 2,941 |
| 2023-09-01 | $689,500 (4.1%) | $1,358,512 (2.3%) | 1.61 | 3,193 |
| 2023-10-01 | $677,000 (1.2%) | $1,319,775 (-0.1%) | 1.59 | 3,330 |
| 2023-11-01 | $649,450 (0.2%) | $1,291,771 (-0.2%) | 1.55 | 3,465 |
| 2023-12-01 | $639,250 (-0.1%) | $1,282,633 (-0.9%) | 1.56 | 3,411 |
| 2024-01-01 | $637,000 (1.5%) | $1,277,571 (0.5%) | 1.56 | 3,379 |
| 2024-02-01 | $642,350 (1.6%) | $1,276,889 (-0.9%) | 1.55 | 3,476 |
| 2024-03-01 | $644,000 (-3.5%) | $1,279,910 (-5.2%) | 1.52 | 3,848 |
Crestview's median listing price comes in at 152% of the national average.
Crestview's average listing price for 2024-03-01 was $1,279,910, a difference of $-69,952 (-5.2%) versus the prior year and $3,021 versus the prior month.
For the 2024-03-01 period, Crestview had 3,848 MLS listings, a difference of 372 listings (11%) versus the prior month and 1,416 listings (58%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Crestview (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 102 days | 1,965 sqft |
| 2018-02-01 | 94 days | 1,969 sqft |
| 2018-03-01 | 72 days | 1,979 sqft |
| 2018-04-01 | 67 days | 1,978 sqft |
| 2018-05-01 | 68 days | 1,999 sqft |
| 2018-06-01 | 72 days | 2,000 sqft |
| 2018-07-01 | 78 days | 1,978 sqft |
| 2018-08-01 | 84 days | 1,970 sqft |
| 2018-09-01 | 85 days | 1,958 sqft |
| 2018-10-01 | 89 days | 1,933 sqft |
| 2018-11-01 | 89 days | 1,920 sqft |
| 2018-12-01 | 96 days | 1,922 sqft |
| 2019-01-01 | 101 days | 1,923 sqft |
| 2019-02-01 | 98 days | 1,945 sqft |
| 2019-03-01 | 84 days | 1,963 sqft |
| 2019-04-01 | 69 days | 1,980 sqft |
| 2019-05-01 | 67 days | 2,011 sqft |
| 2019-06-01 | 72 days | 1,981 sqft |
| 2019-07-01 | 76 days | 1,978 sqft |
| 2019-08-01 | 78 days | 1,985 sqft |
| 2019-09-01 | 78 days | 2,002 sqft |
| 2019-10-01 | 79 days | 2,012 sqft |
| 2019-11-01 | 81 days | 2,004 sqft |
| 2019-12-01 | 88 days | 2,000 sqft |
| 2020-01-01 | 93 days | 2,005 sqft |
| 2020-02-01 | 92 days | 2,005 sqft |
| 2020-03-01 | 65 days | 2,015 sqft |
| 2020-04-01 | 65 days | 2,008 sqft |
| 2020-05-01 | 74 days | 1,991 sqft |
| 2020-06-01 | 79 days | 1,960 sqft |
| 2020-07-01 | 61 days | 1,980 sqft |
| 2020-08-01 | 56 days | 1,943 sqft |
| 2020-09-01 | 53 days | 1,940 sqft |
| 2020-10-01 | 56 days | 1,904 sqft |
| 2020-11-01 | 53 days | 1,919 sqft |
| 2020-12-01 | 59 days | 1,894 sqft |
| 2021-01-01 | 64 days | 1,920 sqft |
| 2021-02-01 | 43 days | 1,881 sqft |
| 2021-03-01 | 29 days | 1,933 sqft |
| 2021-04-01 | 22 days | 1,957 sqft |
| 2021-05-01 | 21 days | 1,985 sqft |
| 2021-06-01 | 23 days | 1,923 sqft |
| 2021-07-01 | 27 days | 1,927 sqft |
| 2021-08-01 | 33 days | 1,907 sqft |
| 2021-09-01 | 38 days | 1,891 sqft |
| 2021-10-01 | 45 days | 1,870 sqft |
| 2021-11-01 | 51 days | 1,923 sqft |
| 2021-12-01 | 57 days | 1,928 sqft |
| 2022-01-01 | 61 days | 1,933 sqft |
| 2022-02-01 | 43 days | 1,933 sqft |
| 2022-03-01 | 34 days | 1,975 sqft |
| 2022-04-01 | 33 days | 1,999 sqft |
| 2022-05-01 | 32 days | 2,012 sqft |
| 2022-06-01 | 36 days | 2,018 sqft |
| 2022-07-01 | 42 days | 2,008 sqft |
| 2022-08-01 | 52 days | 1,998 sqft |
| 2022-09-01 | 59 days | 2,004 sqft |
| 2022-10-01 | 64 days | 2,010 sqft |
| 2022-11-01 | 72 days | 1,984 sqft |
| 2022-12-01 | 80 days | 1,982 sqft |
| 2023-01-01 | 85 days | 1,984 sqft |
| 2023-02-01 | 78 days | 1,961 sqft |
| 2023-03-01 | 64 days | 1,987 sqft |
| 2023-04-01 | 59 days | 2,000 sqft |
| 2023-05-01 | 59 days | 1,970 sqft |
| 2023-06-01 | 60 days | 1,947 sqft |
| 2023-07-01 | 63 days | 1,952 sqft |
| 2023-08-01 | 67 days | 1,941 sqft |
| 2023-09-01 | 65 days | 1,900 sqft |
| 2023-10-01 | 66 days | 1,865 sqft |
| 2023-11-01 | 71 days | 1,862 sqft |
| 2023-12-01 | 79 days | 1,837 sqft |
| 2024-01-01 | 87 days | 1,830 sqft |
| 2024-02-01 | 87 days | 1,828 sqft |
| 2024-03-01 | 66 days | 1,823 sqft |
Crestview's median square footage for active listings during the 2024-03-01 period was 1,823 sqft. One year prior, the average listing was 1,987 sqft.