Crossville USDA Loan Rates, Closing Costs & Stats

Crossville, TN

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.

Crossville's 17 lenders originated 19 USDA loans during 2023. The total origination value was $4,365,000, with an average USDA loan value of $229,737.

Crossville USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Crossville averaged 6.6% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

Crossville's average USDA mortgage closing costs are $4,935.

The average rate for the prior week (2024-05-31) was 6.68% and one month ago for the week of 2024-05-03, the average rate was 6.88%.

The average rate one year ago was 6.88%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.7%.

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

Crossville 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 Crossville level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Renasant Bank 2 6.44% $4,977
CMG MORTGAGE, INC. 2 5.50% $10,313
EMBRACE HOME LOANS, INC. 1 7.75% $10,877
FBC MORTGAGE, LLC 1 6.49% $7,631
FIRST COMMUNITY MORTGAGE, INC. 1 6.13% $8,678
Flagstar Bank, FSB 1 6.74% $5,250
GUARANTY MORTGAGE SERVICES, L.L.C. 1 7.25% $10,515
MORTGAGE INVESTORS GROUP, INC. 1 6.50% $5,304
MOVEMENT MORTGAGE, LLC 1 6.75% $12,086
Pinnacle Bank 1 5.50% $5,466
STOCKTON MORTGAGE CORPORATION 1 6.25% $9,139
The First National Bank of Middle Tennessee 1 5.63% $5,713
UNION HOME MORTGAGE CORP. 1 6.88% $7,527
UNITED WHOLESALE MORTGAGE, LLC 1 6.12% $12,561
Citizens Bank 1 7.50% $10,540
VAN DYK MORTGAGE CORPORATION 1 7.13% $1,929
DAS Acquisition Company, LLC 1 5.88% $7,980

The top Crossville USDA lender as defined by loan originations is Renasant Bank, with 2 USDA loans originated. Their average total fees are $4,977, which is $5,336 lower than the next largest lender, CMG MORTGAGE, INC..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Crossville (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 $189,600 (5.7%) $234,784 (10.2%) 0.00 405
2018-02-01 $196,775 (6.9%) $237,779 (9.4%) 0.00 386
2018-03-01 $199,900 (9.9%) $244,631 (13.2%) 0.00 395
2018-04-01 $209,450 (19.1%) $249,644 (16.2%) 0.00 410
2018-05-01 $222,400 (24.2%) $261,934 (19.1%) 0.00 417
2018-06-01 $219,900 (22.2%) $259,689 (15.2%) 0.00 449
2018-07-01 $216,975 (17.4%) $258,892 (13.1%) 0.00 467
2018-08-01 $212,400 (10.6%) $258,258 (10.6%) 0.00 446
2018-09-01 $214,900 (8.8%) $259,849 (9.7%) 0.00 463
2018-10-01 $213,975 (8.3%) $258,097 (7.0%) 0.00 473
2018-11-01 $210,950 (6.0%) $253,196 (4.4%) 0.00 450
2018-12-01 $213,950 (12.7%) $255,516 (9.6%) 0.00 416
2019-01-01 $218,000 (15.0%) $261,796 (11.5%) 0.00 391
2019-02-01 $204,825 (4.1%) $256,291 (7.8%) 0.00 405
2019-03-01 $212,114 (6.1%) $255,894 (4.6%) 0.00 411
2019-04-01 $224,889 (7.4%) $260,110 (4.2%) 0.00 426
2019-05-01 $219,950 (-1.1%) $259,071 (-1.1%) 0.00 420
2019-06-01 $229,900 (4.6%) $266,623 (2.7%) 0.00 428
2019-07-01 $240,950 (11.1%) $278,746 (7.7%) 0.00 441
2019-08-01 $240,664 (13.3%) $280,841 (8.7%) 0.00 425
2019-09-01 $234,609 (9.2%) $281,593 (8.4%) 0.00 416
2019-10-01 $235,573 (10.1%) $284,705 (10.3%) 0.00 410
2019-11-01 $245,833 (16.5%) $291,833 (15.3%) 0.00 394
2019-12-01 $240,500 (12.4%) $289,775 (13.4%) 0.00 374
2020-01-01 $239,900 (10.1%) $288,983 (10.4%) 0.00 336
2020-02-01 $239,900 (17.1%) $285,299 (11.3%) 0.00 340
2020-03-01 $238,700 (12.5%) $284,106 (11.0%) 0.00 339
2020-04-01 $239,900 (6.7%) $284,602 (9.4%) 0.00 325
2020-05-01 $253,700 (15.3%) $291,357 (12.5%) 0.00 311
2020-06-01 $251,900 (9.6%) $290,302 (8.9%) 0.00 297
2020-07-01 $259,900 (7.9%) $298,106 (7.0%) 0.00 273
2020-08-01 $250,000 (3.9%) $296,027 (5.4%) 0.00 235
2020-09-01 $262,450 (11.9%) $304,052 (8.0%) 0.00 220
2020-10-01 $249,000 (5.7%) $290,823 (2.2%) 0.00 196
2020-11-01 $256,375 (4.3%) $289,320 (-0.9%) 0.00 192
2020-12-01 $264,450 (10.0%) $291,130 (0.5%) 0.00 176
2021-01-01 $249,900 (4.2%) $286,476 (-0.9%) 0.00 137
2021-02-01 $221,200 (-7.8%) $269,958 (-5.4%) 0.00 122
2021-03-01 $232,450 (-2.6%) $282,150 (-0.7%) 0.00 117
2021-04-01 $275,957 (15.0%) $310,182 (9.0%) 0.00 139
2021-05-01 $277,000 (9.2%) $321,046 (10.2%) 0.00 153
2021-06-01 $285,000 (13.1%) $348,460 (20.0%) 0.00 163
2021-07-01 $299,997 (15.4%) $366,566 (23.0%) 0.00 187
2021-08-01 $299,925 (20.0%) $358,168 (21.0%) 0.00 221
2021-09-01 $287,625 (9.6%) $351,474 (15.6%) 0.00 231
2021-10-01 $279,000 (12.1%) $346,254 (19.1%) 0.00 223
2021-11-01 $291,950 (13.9%) $366,650 (26.7%) 0.00 196
2021-12-01 $307,225 (16.2%) $383,947 (31.9%) 0.00 183
2022-01-01 $299,900 (20.0%) $375,972 (31.2%) 0.00 159
2022-02-01 $299,900 (35.6%) $376,749 (39.6%) 0.00 138
2022-03-01 $308,450 (32.7%) $394,346 (39.8%) 0.00 131
2022-04-01 $327,000 (18.5%) $426,216 (37.4%) 0.00 144
2022-05-01 $345,625 (24.8%) $433,705 (35.1%) 0.00 174
2022-06-01 $343,100 (20.4%) $436,010 (25.1%) 0.00 195
2022-07-01 $350,000 (16.7%) $453,919 (23.8%) 0.00 237
2022-08-01 $352,200 (17.4%) $441,216 (23.2%) 0.00 251
2022-09-01 $347,607 (20.9%) $430,113 (22.4%) 0.00 250
2022-10-01 $349,900 (25.4%) $431,446 (24.6%) 0.00 259
2022-11-01 $350,000 (19.9%) $430,563 (17.4%) 0.00 253
2022-12-01 $349,900 (13.9%) $439,429 (14.5%) 0.00 265
2023-01-01 $349,500 (16.5%) $438,464 (16.6%) 0.00 251
2023-02-01 $338,250 (12.8%) $422,474 (12.1%) 0.00 249
2023-03-01 $342,450 (11.0%) $412,790 (4.7%) 0.00 238
2023-04-01 $349,000 (6.7%) $419,166 (-1.7%) 0.00 239
2023-05-01 $345,975 (0.1%) $433,467 (-0.1%) 0.00 254
2023-06-01 $349,975 (2.0%) $438,431 (0.6%) 0.00 261
2023-07-01 $377,450 (7.8%) $456,938 (0.7%) 0.00 252
2023-08-01 $373,425 (6.0%) $456,962 (3.6%) 0.00 266
2023-09-01 $375,000 (7.9%) $458,136 (6.5%) 0.00 261
2023-10-01 $374,900 (7.1%) $453,956 (5.2%) 0.00 273
2023-11-01 $372,075 (6.3%) $439,843 (2.2%) 0.00 280
2023-12-01 $367,000 (4.9%) $439,327 (0.0%) 0.00 275
2024-01-01 $369,200 (5.6%) $438,302 (0.0%) 0.00 266
2024-02-01 $367,725 (8.7%) $427,699 (1.2%) 0.00 271
2024-03-01 $374,900 (9.5%) $430,738 (4.4%) 0.00 298
2024-04-01 $374,450 (7.3%) $429,259 (2.4%) 0.00 320
2024-05-01 $378,000 (9.3%) $429,334 (-1.0%) 0.00 367
Crossville's median listing price for 2024-05-01 was $378,000, a difference of $32,025 (9.3%) versus the prior year and $3,550 versus the prior month.

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

Crossville's average listing price for 2024-05-01 was $429,334, a difference of $-4,133 (-1.0%) versus the prior year and $75 versus the prior month.

For the 2024-05-01 period, Crossville had 367 MLS listings, a difference of 47 listings (15%) versus the prior month and 113 listings (44%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Crossville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,843 sqft
2018-02-01 0 days 1,866 sqft
2018-03-01 0 days 1,893 sqft
2018-04-01 0 days 1,898 sqft
2018-05-01 0 days 1,917 sqft
2018-06-01 0 days 1,928 sqft
2018-07-01 0 days 1,934 sqft
2018-08-01 0 days 1,902 sqft
2018-09-01 0 days 1,907 sqft
2018-10-01 0 days 1,905 sqft
2018-11-01 0 days 1,930 sqft
2018-12-01 0 days 1,962 sqft
2019-01-01 0 days 2,001 sqft
2019-02-01 0 days 1,852 sqft
2019-03-01 0 days 1,878 sqft
2019-04-01 0 days 1,927 sqft
2019-05-01 0 days 1,925 sqft
2019-06-01 0 days 1,944 sqft
2019-07-01 0 days 1,962 sqft
2019-08-01 0 days 1,968 sqft
2019-09-01 0 days 1,970 sqft
2019-10-01 0 days 2,001 sqft
2019-11-01 0 days 2,000 sqft
2019-12-01 0 days 1,966 sqft
2020-01-01 0 days 1,949 sqft
2020-02-01 0 days 1,951 sqft
2020-03-01 0 days 1,925 sqft
2020-04-01 0 days 1,905 sqft
2020-05-01 0 days 1,954 sqft
2020-06-01 0 days 1,959 sqft
2020-07-01 0 days 2,037 sqft
2020-08-01 0 days 1,943 sqft
2020-09-01 0 days 1,932 sqft
2020-10-01 0 days 1,827 sqft
2020-11-01 0 days 1,793 sqft
2020-12-01 0 days 1,768 sqft
2021-01-01 0 days 1,742 sqft
2021-02-01 0 days 1,640 sqft
2021-03-01 0 days 1,770 sqft
2021-04-01 0 days 1,857 sqft
2021-05-01 0 days 1,852 sqft
2021-06-01 0 days 1,912 sqft
2021-07-01 0 days 1,912 sqft
2021-08-01 0 days 1,864 sqft
2021-09-01 0 days 1,806 sqft
2021-10-01 0 days 1,790 sqft
2021-11-01 0 days 1,811 sqft
2021-12-01 0 days 1,836 sqft
2022-01-01 0 days 1,847 sqft
2022-02-01 0 days 1,868 sqft
2022-03-01 0 days 1,800 sqft
2022-04-01 0 days 1,850 sqft
2022-05-01 0 days 1,866 sqft
2022-06-01 0 days 1,860 sqft
2022-07-01 0 days 1,861 sqft
2022-08-01 0 days 1,859 sqft
2022-09-01 0 days 1,824 sqft
2022-10-01 0 days 1,847 sqft
2022-11-01 0 days 1,840 sqft
2022-12-01 0 days 1,846 sqft
2023-01-01 0 days 1,807 sqft
2023-02-01 0 days 1,753 sqft
2023-03-01 0 days 1,755 sqft
2023-04-01 0 days 1,756 sqft
2023-05-01 0 days 1,717 sqft
2023-06-01 0 days 1,716 sqft
2023-07-01 0 days 1,750 sqft
2023-08-01 0 days 1,734 sqft
2023-09-01 0 days 1,755 sqft
2023-10-01 0 days 1,779 sqft
2023-11-01 0 days 1,739 sqft
2023-12-01 0 days 1,758 sqft
2024-01-01 0 days 1,708 sqft
2024-02-01 0 days 1,713 sqft
2024-03-01 0 days 1,722 sqft
2024-04-01 0 days 1,768 sqft
2024-05-01 0 days 1,769 sqft
Crossville's median listing age (time on market) for 2024-05-01 was 0 days.

Crossville's median square footage for active listings during the 2024-05-01 period was 1,769 sqft. One year prior, the average listing was 1,717 sqft.