Dalton USDA Loan Rates, Closing Costs & Stats

DALTON, GA

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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.

    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 6.69% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

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

    The average rate for the prior week (2024-04-12) was 6.94% and one month ago for the week of 2024-03-15, the average rate was 6.62%.

    The average rate one year ago was 6.36%.

    For refis of the same type during the week of 2024-04-19, the average rate was 7.07%.

    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
    Dalton's median listing price for 2024-03-01 was $341,950, a difference of $42,050 (14.0%) versus the prior year and $7,325 versus the prior month.

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

    Dalton's average listing price for 2024-03-01 was $467,933, a difference of $99,162 (26.9%) versus the prior year and $-2,487 versus the prior month.

    For the 2024-03-01 period, Dalton had 238 MLS listings, a difference of -2 listings (-1%) versus the prior month and 81 listings (52%) 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
    Dalton's median listing age (time on market) for 2024-03-01 was 0 days.

    Dalton's median square footage for active listings during the 2024-03-01 period was 1,807 sqft. One year prior, the average listing was 1,838 sqft.