Dalton USDA Loan Rates, Closing Costs & Stats

DALTON, GA

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.

Dalton's 21 lenders originated 30 USDA loans during 2023. The total origination value was $5,950,000, with an average USDA loan value of $198,333.

Dalton USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Dalton averaged 6.52% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

Dalton's average USDA mortgage closing costs are $5,480.

The average rate for the prior week (2024-05-31) was 6.6% and one month ago for the week of 2024-05-03, the average rate was 7.1%.

The average rate one year ago was 6.7%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.61%.

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

Dalton 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 Dalton level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
STOCKTON MORTGAGE CORPORATION 4 6.88% $8,605
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 6.94% $8,158
MOVEMENT MORTGAGE, LLC 2 6.44% $7,211
BROKER SOLUTIONS, INC. 2 6.50% $8,907
UNION HOME MORTGAGE CORP. 2 7.13% $8,613
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.63% $8,597
HOMESIDE FINANCIAL, LLC 1 6.00% $7,537
HOMESTAR FINANCIAL CORPORATION 1 7.25% $3,843
MORTGAGE INVESTORS GROUP, INC. 1 5.75% $15,515
ALAMEDA MORTGAGE CORPORATION 1 6.50% $7,224
NEWREZ LLC 1 6.75% $4,450
OPEN MORTGAGE, LLC 1 6.88% $6,190
PANORAMA MORTGAGE GROUP, LLC 1 6.75% $8,286
Regions Bank 1 6.25% $7,966
SUCCESS MORTGAGE PARTNERS, INC. 1 6.63% $12,328
Synovus Bank 1 6.63% $4,779
Mortgage Research Center, LLC 1 6.25% $2,409
Equity Prime Mortgage LLC 1 6.75% $11,579
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.13% $7,410
FirstBank 1 6.13% $7,658
FIRST COMMUNITY MORTGAGE, INC. 1 6.13% $4,750

The top Dalton USDA lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with 4 USDA loans originated. Their average total fees are $8,605, which is $447 higher than the next largest lender, PRIMELENDING, A PLAINSCAPITAL COMPANY.

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Dalton (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 $169,500 (2.4%) $250,905 (10.3%) 0.00 318
2018-02-01 $169,900 (3.0%) $249,409 (13.2%) 0.00 327
2018-03-01 $169,900 (3.0%) $250,115 (17.1%) 0.00 321
2018-04-01 $175,250 (3.7%) $259,321 (18.2%) 0.00 327
2018-05-01 $179,900 (5.9%) $256,616 (10.4%) 0.00 305
2018-06-01 $179,900 (4.4%) $243,175 (2.6%) 0.00 314
2018-07-01 $172,450 (-6.8%) $241,297 (-3.8%) 0.00 322
2018-08-01 $170,425 (-1.7%) $241,644 (-1.1%) 0.00 317
2018-09-01 $174,950 (3.0%) $245,357 (3.4%) 0.00 337
2018-10-01 $179,200 (8.7%) $240,156 (3.7%) 0.00 326
2018-11-01 $178,225 (5.7%) $242,477 (3.4%) 0.00 313
2018-12-01 $173,500 (2.1%) $233,727 (-2.4%) 0.00 317
2019-01-01 $175,450 (3.5%) $230,426 (-8.2%) 0.00 301
2019-02-01 $177,000 (4.2%) $235,879 (-5.4%) 0.00 291
2019-03-01 $182,171 (7.2%) $242,505 (-3.0%) 0.00 280
2019-04-01 $185,871 (6.1%) $243,252 (-6.2%) 0.00 266
2019-05-01 $188,400 (4.7%) $239,600 (-6.6%) 0.00 271
2019-06-01 $189,900 (5.6%) $247,092 (1.6%) 0.00 297
2019-07-01 $189,450 (9.9%) $243,905 (1.1%) 0.00 298
2019-08-01 $189,973 (11.5%) $250,112 (3.5%) 0.00 312
2019-09-01 $189,932 (8.6%) $247,303 (0.8%) 0.00 329
2019-10-01 $189,875 (6.0%) $245,028 (2.0%) 0.00 337
2019-11-01 $184,400 (3.5%) $241,137 (-0.6%) 0.00 332
2019-12-01 $184,400 (6.3%) $237,791 (1.7%) 0.00 314
2020-01-01 $179,900 (2.5%) $234,315 (1.7%) 0.00 289
2020-02-01 $192,450 (8.7%) $243,199 (3.1%) 0.00 291
2020-03-01 $199,900 (9.7%) $245,061 (1.1%) 0.00 274
2020-04-01 $203,400 (9.4%) $249,220 (2.5%) 0.00 258
2020-05-01 $219,900 (16.7%) $263,623 (10.0%) 0.00 227
2020-06-01 $228,450 (20.3%) $275,568 (11.5%) 0.00 198
2020-07-01 $235,558 (24.3%) $279,505 (14.6%) 0.00 170
2020-08-01 $230,000 (21.1%) $292,117 (16.8%) 0.00 162
2020-09-01 $249,400 (31.3%) $291,798 (18.0%) 0.00 165
2020-10-01 $239,900 (26.4%) $285,896 (16.7%) 0.00 175
2020-11-01 $246,988 (33.9%) $278,171 (15.4%) 0.00 191
2020-12-01 $249,925 (35.5%) $291,971 (22.8%) 0.00 170
2021-01-01 $249,900 (38.9%) $290,281 (23.9%) 0.00 154
2021-02-01 $265,950 (38.2%) $307,920 (26.6%) 0.00 120
2021-03-01 $239,900 (20.0%) $302,692 (23.5%) 0.00 93
2021-04-01 $243,900 (19.9%) $319,553 (28.2%) 0.00 91
2021-05-01 $249,900 (13.6%) $324,793 (23.2%) 0.00 96
2021-06-01 $259,600 (13.6%) $354,912 (28.8%) 0.00 107
2021-07-01 $249,900 (6.1%) $343,415 (22.9%) 0.00 140
2021-08-01 $254,725 (10.8%) $341,429 (16.9%) 0.00 171
2021-09-01 $238,700 (-4.3%) $341,163 (16.9%) 0.00 176
2021-10-01 $250,000 (4.2%) $347,117 (21.4%) 0.00 180
2021-11-01 $249,675 (1.1%) $354,874 (27.6%) 0.00 185
2021-12-01 $248,000 (-0.8%) $358,796 (22.9%) 0.00 183
2022-01-01 $239,900 (-4.0%) $365,754 (26.0%) 0.00 167
2022-02-01 $249,950 (-6.0%) $380,305 (23.5%) 0.00 143
2022-03-01 $268,700 (12.0%) $383,927 (26.8%) 0.00 130
2022-04-01 $272,500 (11.7%) $400,407 (25.3%) 0.00 125
2022-05-01 $266,225 (6.5%) $375,086 (15.5%) 0.00 204
2022-06-01 $282,425 (8.8%) $360,173 (1.5%) 0.00 233
2022-07-01 $279,900 (12.0%) $360,291 (4.9%) 0.00 271
2022-08-01 $279,788 (9.8%) $362,219 (6.1%) 0.00 301
2022-09-01 $279,950 (17.3%) $352,624 (3.4%) 0.00 309
2022-10-01 $274,900 (10.0%) $337,738 (-2.7%) 0.00 301
2022-11-01 $266,075 (6.6%) $334,559 (-5.7%) 0.00 288
2022-12-01 $273,450 (10.3%) $350,302 (-2.4%) 0.00 249
2023-01-01 $269,950 (12.5%) $345,771 (-5.5%) 0.00 199
2023-02-01 $279,925 (12.0%) $364,843 (-4.1%) 0.00 188
2023-03-01 $299,900 (11.6%) $368,771 (-4.0%) 0.00 157
2023-04-01 $299,900 (10.1%) $363,475 (-9.2%) 0.00 143
2023-05-01 $315,250 (18.4%) $389,203 (3.8%) 0.00 147
2023-06-01 $312,500 (10.7%) $390,344 (8.4%) 0.00 177
2023-07-01 $310,000 (10.8%) $381,316 (5.8%) 0.00 195
2023-08-01 $312,113 (11.6%) $380,274 (5.0%) 0.00 220
2023-09-01 $325,000 (16.1%) $436,588 (23.8%) 0.00 207
2023-10-01 $324,950 (18.2%) $446,628 (32.2%) 0.00 233
2023-11-01 $315,000 (18.4%) $446,615 (33.5%) 0.00 258
2023-12-01 $325,000 (18.9%) $456,984 (30.5%) 0.00 255
2024-01-01 $325,000 (20.4%) $462,571 (33.8%) 0.00 249
2024-02-01 $334,625 (19.5%) $470,420 (28.9%) 0.00 240
2024-03-01 $341,950 (14.0%) $467,933 (26.9%) 0.00 238
2024-04-01 $329,925 (10.0%) $428,789 (18.0%) 0.00 249
2024-05-01 $360,000 (14.2%) $486,022 (24.9%) 0.00 253
Dalton's median listing price for 2024-05-01 was $360,000, a difference of $44,750 (14.2%) versus the prior year and $30,075 versus the prior month.

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

Dalton's average listing price for 2024-05-01 was $486,022, a difference of $96,819 (24.9%) versus the prior year and $57,233 versus the prior month.

For the 2024-05-01 period, Dalton had 253 MLS listings, a difference of 4 listings (2%) versus the prior month and 106 listings (72%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Dalton (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 2,001 sqft
2018-02-01 0 days 1,979 sqft
2018-03-01 0 days 2,028 sqft
2018-04-01 0 days 2,108 sqft
2018-05-01 0 days 2,114 sqft
2018-06-01 0 days 2,130 sqft
2018-07-01 0 days 2,086 sqft
2018-08-01 0 days 1,931 sqft
2018-09-01 0 days 1,917 sqft
2018-10-01 0 days 2,028 sqft
2018-11-01 0 days 2,015 sqft
2018-12-01 0 days 1,918 sqft
2019-01-01 0 days 1,985 sqft
2019-02-01 0 days 1,976 sqft
2019-03-01 0 days 2,047 sqft
2019-04-01 0 days 2,084 sqft
2019-05-01 0 days 2,062 sqft
2019-06-01 0 days 2,033 sqft
2019-07-01 0 days 1,939 sqft
2019-08-01 0 days 1,967 sqft
2019-09-01 0 days 1,951 sqft
2019-10-01 0 days 1,932 sqft
2019-11-01 0 days 1,943 sqft
2019-12-01 0 days 1,948 sqft
2020-01-01 0 days 1,915 sqft
2020-02-01 0 days 1,913 sqft
2020-03-01 0 days 1,910 sqft
2020-04-01 0 days 1,894 sqft
2020-05-01 0 days 2,080 sqft
2020-06-01 0 days 2,226 sqft
2020-07-01 0 days 2,312 sqft
2020-08-01 0 days 2,340 sqft
2020-09-01 0 days 2,382 sqft
2020-10-01 0 days 2,268 sqft
2020-11-01 0 days 2,218 sqft
2020-12-01 0 days 2,154 sqft
2021-01-01 0 days 2,069 sqft
2021-02-01 0 days 2,141 sqft
2021-03-01 0 days 1,881 sqft
2021-04-01 0 days 1,947 sqft
2021-05-01 0 days 1,880 sqft
2021-06-01 0 days 1,901 sqft
2021-07-01 0 days 1,900 sqft
2021-08-01 0 days 1,873 sqft
2021-09-01 0 days 1,792 sqft
2021-10-01 0 days 1,802 sqft
2021-11-01 0 days 1,796 sqft
2021-12-01 0 days 1,738 sqft
2022-01-01 0 days 1,700 sqft
2022-02-01 0 days 1,765 sqft
2022-03-01 0 days 1,819 sqft
2022-04-01 0 days 1,814 sqft
2022-05-01 0 days 1,572 sqft
2022-06-01 0 days 1,588 sqft
2022-07-01 0 days 1,764 sqft
2022-08-01 0 days 1,710 sqft
2022-09-01 0 days 1,680 sqft
2022-10-01 0 days 1,680 sqft
2022-11-01 0 days 1,664 sqft
2022-12-01 0 days 1,744 sqft
2023-01-01 0 days 1,696 sqft
2023-02-01 0 days 1,724 sqft
2023-03-01 0 days 1,838 sqft
2023-04-01 0 days 1,863 sqft
2023-05-01 0 days 1,876 sqft
2023-06-01 0 days 1,860 sqft
2023-07-01 0 days 1,928 sqft
2023-08-01 0 days 1,925 sqft
2023-09-01 0 days 1,923 sqft
2023-10-01 0 days 1,920 sqft
2023-11-01 0 days 1,931 sqft
2023-12-01 0 days 1,895 sqft
2024-01-01 0 days 1,835 sqft
2024-02-01 0 days 1,810 sqft
2024-03-01 0 days 1,807 sqft
2024-04-01 0 days 1,800 sqft
2024-05-01 0 days 1,984 sqft
Dalton's median listing age (time on market) for 2024-05-01 was 0 days.

Dalton's median square footage for active listings during the 2024-05-01 period was 1,984 sqft. One year prior, the average listing was 1,876 sqft.