Danville USDA Loan Rates, Closing Costs & Stats

Danville, KY

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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.

    Danville's 13 lenders originated 30 USDA loans during 2024. The total origination value was $5,300,000, with an average USDA loan value of $176,667.

    Danville USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Danville averaged 6.38% for the week of 2025-07-11, compared to the national average (all USDA variants) of 6.449% for the same period.

    Danville's average USDA mortgage closing costs are $4,618.

    The average rate for the prior week (2025-07-04) was 6.69% and one month ago for the week of 2025-06-06, the average rate was 6.48%.

    The average rate one year ago was 6.87%.

    For refis of the same type during the week of 2025-07-11, the average rate was 6.16%.

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

    Danville 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 Danville level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    GoPrime Mortgage, Inc. 6 7.08% $6,600
    T2 FINANCIAL LLC 4 5.66% $7,183
    GENEVA FINANCIAL, LLC 3 6.54% $7,516
    Renasant Bank 3 6.00% $4,585
    Republic State Mortgage Co. 3 6.63% $6,524
    MID AMERICA MORTGAGE, INC. 2 6.81% $5,386
    STOCKTON MORTGAGE CORPORATION 2 6.88% $6,860
    BROKER SOLUTIONS, INC. 2 6.94% $10,064
    UNION HOME MORTGAGE CORP. 1 6.50% $8,034
    AXIA FINANCIAL, LLC 1 6.25% $8,852
    COMPASS MORTGAGE, INC. 1 6.38% $6,515
    DAS Acquisition Company, LLC 1 7.00% $7,877
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 5.99% $8,283

    The top Danville USDA lender as defined by loan originations is GoPrime Mortgage, Inc., with 6 USDA loans originated. Their average total fees are $6,600, which is $582 lower than the next largest lender, T2 FINANCIAL LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Danville (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 $165,000 (23.2%) $241,891 (26.2%) 0.00 198
    2018-02-01 $170,425 (30.2%) $242,533 (25.1%) 0.00 204
    2018-03-01 $168,700 (28.9%) $236,908 (21.8%) 0.00 208
    2018-04-01 $186,450 (38.4%) $241,814 (22.0%) 0.00 208
    2018-05-01 $189,950 (19.1%) $246,182 (16.0%) 0.00 230
    2018-06-01 $184,500 (15.4%) $237,007 (9.2%) 0.00 244
    2018-07-01 $179,900 (12.5%) $238,793 (2.7%) 0.00 244
    2018-08-01 $180,450 (12.8%) $246,615 (8.8%) 0.00 228
    2018-09-01 $174,450 (10.1%) $241,817 (6.6%) 0.00 226
    2018-10-01 $166,325 (-0.7%) $230,661 (-4.2%) 0.00 231
    2018-11-01 $172,200 (1.7%) $228,824 (-8.6%) 0.00 226
    2018-12-01 $159,900 (-3.7%) $224,662 (-8.6%) 0.00 218
    2019-01-01 $159,900 (-3.1%) $215,364 (-11.0%) 0.00 204
    2019-02-01 $159,900 (-6.2%) $217,032 (-10.5%) 0.00 211
    2019-03-01 $164,186 (-2.7%) $224,304 (-5.3%) 0.00 216
    2019-04-01 $172,425 (-7.5%) $237,125 (-1.9%) 0.00 216
    2019-05-01 $179,900 (-5.3%) $245,555 (-0.3%) 0.00 207
    2019-06-01 $185,950 (0.8%) $241,610 (1.9%) 0.00 211
    2019-07-01 $186,450 (3.6%) $242,670 (1.6%) 0.00 213
    2019-08-01 $177,186 (-1.8%) $243,745 (-1.2%) 0.00 214
    2019-09-01 $173,116 (-0.8%) $243,410 (0.7%) 0.00 209
    2019-10-01 $172,127 (3.5%) $243,207 (5.4%) 0.00 204
    2019-11-01 $169,000 (-1.9%) $240,226 (5.0%) 0.00 188
    2019-12-01 $167,175 (4.6%) $238,391 (6.1%) 0.00 174
    2020-01-01 $159,700 (-0.1%) $228,036 (5.9%) 0.00 165
    2020-02-01 $175,200 (9.6%) $245,615 (13.2%) 0.00 162
    2020-03-01 $191,000 (16.3%) $261,585 (16.6%) 0.00 153
    2020-04-01 $199,500 (15.7%) $263,841 (11.3%) 0.00 138
    2020-05-01 $199,500 (10.9%) $255,206 (3.9%) 0.00 140
    2020-06-01 $194,000 (4.3%) $254,090 (5.2%) 0.00 125
    2020-07-01 $189,750 (1.8%) $257,460 (6.1%) 0.00 123
    2020-08-01 $182,400 (2.9%) $265,253 (8.8%) 0.00 117
    2020-09-01 $175,450 (1.4%) $259,096 (6.4%) 0.00 135
    2020-10-01 $174,900 (1.6%) $254,440 (4.6%) 0.00 139
    2020-11-01 $180,825 (7.0%) $259,412 (8.0%) 0.00 128
    2020-12-01 $174,600 (4.4%) $252,152 (5.8%) 0.00 114
    2021-01-01 $179,900 (12.7%) $253,988 (11.4%) 0.00 100
    2021-02-01 $199,000 (13.6%) $276,516 (12.6%) 0.00 87
    2021-03-01 $237,075 (24.1%) $300,125 (14.7%) 0.00 80
    2021-04-01 $237,250 (18.9%) $293,114 (11.1%) 0.00 80
    2021-05-01 $262,250 (31.5%) $264,937 (3.8%) 0.00 81
    2021-06-01 $238,675 (23.0%) $273,442 (7.6%) 0.00 82
    2021-07-01 $244,450 (28.8%) $294,628 (14.4%) 0.00 105
    2021-08-01 $244,125 (33.8%) $280,554 (5.8%) 0.00 119
    2021-09-01 $228,475 (30.2%) $294,333 (13.6%) 0.00 128
    2021-10-01 $214,950 (22.9%) $276,705 (8.8%) 0.00 123
    2021-11-01 $199,900 (10.6%) $263,824 (1.7%) 0.00 115
    2021-12-01 $214,500 (22.9%) $279,534 (10.9%) 0.00 99
    2022-01-01 $199,000 (10.6%) $274,458 (8.1%) 0.00 88
    2022-02-01 $199,700 (0.4%) $292,696 (5.9%) 0.00 72
    2022-03-01 $226,650 (-4.4%) $324,827 (8.2%) 0.00 74
    2022-04-01 $229,500 (-3.3%) $324,253 (10.6%) 0.00 76
    2022-05-01 $251,175 (-4.2%) $327,560 (23.6%) 0.00 86
    2022-06-01 $251,200 (5.3%) $335,415 (22.7%) 0.00 117
    2022-07-01 $240,000 (-1.8%) $320,097 (8.6%) 0.00 128
    2022-08-01 $245,575 (0.6%) $324,064 (15.5%) 0.00 135
    2022-09-01 $258,875 (13.3%) $323,944 (10.1%) 0.00 138
    2022-10-01 $272,450 (26.8%) $328,492 (18.7%) 0.00 131
    2022-11-01 $264,900 (32.5%) $317,525 (20.4%) 0.00 129
    2022-12-01 $259,000 (20.8%) $321,159 (14.9%) 0.00 115
    2023-01-01 $247,450 (24.4%) $313,422 (14.2%) 0.00 108
    2023-02-01 $239,950 (20.2%) $303,402 (3.7%) 0.00 104
    2023-03-01 $255,750 (12.8%) $324,722 (0.0%) 0.00 90
    2023-04-01 $274,999 (19.8%) $344,969 (6.4%) 0.00 85
    2023-05-01 $289,600 (15.3%) $348,361 (6.4%) 0.00 96
    2023-06-01 $289,700 (15.3%) $333,310 (-0.6%) 0.00 97
    2023-07-01 $280,000 (16.7%) $322,342 (0.7%) 0.00 100
    2023-08-01 $263,250 (7.2%) $307,795 (-5.0%) 0.00 114
    2023-09-01 $272,000 (5.1%) $314,254 (-3.0%) 0.00 129
    2023-10-01 $269,000 (-1.3%) $330,756 (0.7%) 0.00 128
    2023-11-01 $269,975 (1.9%) $332,972 (4.9%) 0.00 132
    2023-12-01 $269,000 (3.9%) $332,005 (3.4%) 0.00 147
    2024-01-01 $249,250 (0.7%) $310,304 (-1.0%) 0.00 140
    2024-02-01 $264,475 (10.2%) $327,230 (7.9%) 0.00 110
    2024-03-01 $284,900 (11.4%) $347,509 (7.0%) 0.00 100
    2024-04-01 $283,650 (3.2%) $330,054 (-4.3%) 0.00 115
    2024-05-01 $284,900 (-1.6%) $353,245 (1.4%) 0.00 136
    2024-06-01 $284,950 (-1.6%) $373,563 (12.1%) 0.00 157
    2024-07-01 $282,325 (0.8%) $374,767 (16.3%) 0.00 168
    2024-08-01 $284,900 (8.2%) $379,845 (23.4%) 0.00 158
    2024-09-01 $282,450 (3.8%) $385,102 (22.5%) 0.00 172
    2024-10-01 $293,725 (9.2%) $368,212 (11.3%) 0.00 185
    2024-11-01 $285,000 (5.6%) $354,094 (6.3%) 0.00 199
    2024-12-01 $285,750 (6.2%) $350,410 (5.5%) 0.00 172
    2025-01-01 $289,925 (16.3%) $334,315 (7.7%) 0.00 159
    2025-02-01 $285,000 (7.8%) $326,999 (-0.1%) 0.00 160
    2025-03-01 $290,000 (1.8%) $346,427 (-0.3%) 0.00 161
    2025-04-01 $286,850 (1.1%) $364,812 (10.5%) 0.00 175
    2025-05-01 $279,000 (-2.1%) $344,188 (-2.6%) 0.00 173
    2025-06-01 $271,950 (-4.6%) $338,645 (-9.4%) 0.00 174
    Danville's median listing price for 2025-06-01 was $271,950, a difference of $-13,000 (-4.6%) versus the prior year and $-7,050 versus the prior month.

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

    Danville's average listing price for 2025-06-01 was $338,645, a difference of $-34,918 (-9.4%) versus the prior year and $-5,543 versus the prior month.

    For the 2025-06-01 period, Danville had 174 MLS listings, a difference of 1 listings (1%) versus the prior month and 17 listings (11%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Danville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,928 sqft
    2018-02-01 0 days 1,908 sqft
    2018-03-01 0 days 1,916 sqft
    2018-04-01 0 days 2,049 sqft
    2018-05-01 0 days 2,147 sqft
    2018-06-01 0 days 2,000 sqft
    2018-07-01 0 days 1,975 sqft
    2018-08-01 0 days 1,931 sqft
    2018-09-01 0 days 1,915 sqft
    2018-10-01 0 days 1,864 sqft
    2018-11-01 0 days 1,914 sqft
    2018-12-01 0 days 1,890 sqft
    2019-01-01 0 days 1,816 sqft
    2019-02-01 0 days 1,835 sqft
    2019-03-01 0 days 1,837 sqft
    2019-04-01 0 days 1,848 sqft
    2019-05-01 0 days 1,873 sqft
    2019-06-01 0 days 1,897 sqft
    2019-07-01 0 days 1,919 sqft
    2019-08-01 0 days 1,962 sqft
    2019-09-01 0 days 1,904 sqft
    2019-10-01 0 days 1,854 sqft
    2019-11-01 0 days 1,803 sqft
    2019-12-01 0 days 1,723 sqft
    2020-01-01 0 days 1,730 sqft
    2020-02-01 0 days 1,834 sqft
    2020-03-01 0 days 1,908 sqft
    2020-04-01 0 days 1,912 sqft
    2020-05-01 0 days 1,900 sqft
    2020-06-01 0 days 1,882 sqft
    2020-07-01 0 days 1,869 sqft
    2020-08-01 0 days 1,829 sqft
    2020-09-01 0 days 1,687 sqft
    2020-10-01 0 days 1,700 sqft
    2020-11-01 0 days 1,761 sqft
    2020-12-01 0 days 1,730 sqft
    2021-01-01 0 days 1,700 sqft
    2021-02-01 0 days 1,796 sqft
    2021-03-01 0 days 1,875 sqft
    2021-04-01 0 days 1,935 sqft
    2021-05-01 0 days 1,871 sqft
    2021-06-01 0 days 1,845 sqft
    2021-07-01 0 days 1,892 sqft
    2021-08-01 0 days 1,837 sqft
    2021-09-01 0 days 1,809 sqft
    2021-10-01 0 days 1,778 sqft
    2021-11-01 0 days 1,632 sqft
    2021-12-01 0 days 1,645 sqft
    2022-01-01 0 days 1,599 sqft
    2022-02-01 0 days 1,643 sqft
    2022-03-01 0 days 1,639 sqft
    2022-04-01 0 days 1,700 sqft
    2022-05-01 0 days 1,808 sqft
    2022-06-01 0 days 1,773 sqft
    2022-07-01 0 days 1,800 sqft
    2022-08-01 0 days 1,696 sqft
    2022-09-01 0 days 1,748 sqft
    2022-10-01 0 days 1,719 sqft
    2022-11-01 0 days 1,735 sqft
    2022-12-01 0 days 1,740 sqft
    2023-01-01 0 days 1,665 sqft
    2023-02-01 0 days 1,670 sqft
    2023-03-01 0 days 1,730 sqft
    2023-04-01 0 days 1,839 sqft
    2023-05-01 0 days 2,003 sqft
    2023-06-01 0 days 1,871 sqft
    2023-07-01 0 days 1,789 sqft
    2023-08-01 0 days 1,684 sqft
    2023-09-01 0 days 1,740 sqft
    2023-10-01 0 days 1,763 sqft
    2023-11-01 0 days 1,774 sqft
    2023-12-01 0 days 1,704 sqft
    2024-01-01 0 days 1,737 sqft
    2024-02-01 0 days 1,715 sqft
    2024-03-01 0 days 1,665 sqft
    2024-04-01 0 days 1,733 sqft
    2024-05-01 0 days 1,889 sqft
    2024-06-01 0 days 1,865 sqft
    2024-07-01 0 days 1,786 sqft
    2024-08-01 0 days 1,867 sqft
    2024-09-01 0 days 1,897 sqft
    2024-10-01 0 days 1,882 sqft
    2024-11-01 0 days 1,762 sqft
    2024-12-01 0 days 1,768 sqft
    2025-01-01 0 days 1,760 sqft
    2025-02-01 0 days 1,678 sqft
    2025-03-01 0 days 1,760 sqft
    2025-04-01 0 days 1,846 sqft
    2025-05-01 0 days 1,760 sqft
    2025-06-01 0 days 1,677 sqft
    Danville's median listing age (time on market) for 2025-06-01 was 0 days.

    Danville's median square footage for active listings during the 2025-06-01 period was 1,677 sqft. One year prior, the average listing was 1,865 sqft.