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
7.07%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Crossville's average USDA mortgage closing costs are $4,935.
The average rate for the prior week (2024-04-12) was
6.62% and
one month ago for the week of 2024-03-15, the
average rate was 6.4%.
The average rate one year ago was 6.44%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
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 |
Crossville's median listing price comes in at 0% of the national average.
Crossville's average listing price for 2024-03-01 was $430,738, a difference of $17,948 (4.4%) versus the prior year and $3,039 versus the prior month.
For the 2024-03-01 period, Crossville had 298 MLS listings, a difference of 27 listings (10%) versus the prior month and 60 listings (25%) 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 |
Crossville's median square footage for active listings during the 2024-03-01 period was 1,722 sqft. One year prior, the average listing was 1,755 sqft.