Crossville USDA Loan Rates, Closing Costs & Stats

Crossville, TN

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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.

    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 6.11% for the week of 2024-12-13, compared to the national average (all USDA variants) of 6.303% for the same period.

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

    The average rate for the prior week (2024-12-06) was 6.34% and one month ago for the week of 2024-11-08, the average rate was 6.56%.

    The average rate one year ago was 7.03%.

    For refis of the same type during the week of 2024-12-13, the average rate was 6.4%.

    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
    2024-06-01 $379,000 (8.3%) $435,233 (-0.7%) 0.00 382
    2024-07-01 $384,750 (1.9%) $435,851 (-4.6%) 0.00 398
    2024-08-01 $379,900 (1.7%) $441,058 (-3.5%) 0.00 413
    2024-09-01 $379,000 (1.1%) $445,155 (-2.8%) 0.00 425
    2024-10-01 $383,450 (2.3%) $454,389 (0.1%) 0.00 457
    2024-11-01 $384,900 (3.5%) $452,015 (2.8%) 0.00 426
    Crossville's median listing price for 2024-11-01 was $384,900, a difference of $12,825 (3.5%) versus the prior year and $1,450 versus the prior month.

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

    Crossville's average listing price for 2024-11-01 was $452,015, a difference of $12,172 (2.8%) versus the prior year and $-2,374 versus the prior month.

    For the 2024-11-01 period, Crossville had 426 MLS listings, a difference of -31 listings (-7%) versus the prior month and 146 listings (52%) 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
    2024-06-01 0 days 1,776 sqft
    2024-07-01 0 days 1,786 sqft
    2024-08-01 0 days 1,760 sqft
    2024-09-01 0 days 1,787 sqft
    2024-10-01 0 days 1,782 sqft
    2024-11-01 0 days 1,763 sqft
    Crossville's median listing age (time on market) for 2024-11-01 was 0 days.

    Crossville's median square footage for active listings during the 2024-11-01 period was 1,763 sqft. One year prior, the average listing was 1,739 sqft.