Dayton USDA Loan Rates, Closing Costs & Stats
Dayton, 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.
Dayton's 11 lenders originated 17 USDA loans during 2023. The total origination value was $3,645,000, with an average USDA loan value of $214,412.
Dayton USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Dayton
averaged
0.35%
for the week of 2024-11-29, compared to the national average (all USDA variants) of
0% for the same period.
Dayton's average USDA mortgage closing costs are $5,436.
The average rate for the prior week (2024-11-22) was
6.45% and
one month ago for the week of 2024-10-25, the
average rate was 6.55%.
The average rate one year ago was 7.45%.
For refis of the same type during the week of 2024-11-29, the average rate
was 0.2%.
Dayton 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 Dayton level.
Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
---|---|---|---|
UNITED WHOLESALE MORTGAGE, LLC | 3 | 6.79% | $7,875 |
FIRST COMMUNITY MORTGAGE, INC. | 2 | 6.75% | $8,515 |
AMERICAN FINANCIAL RESOURCES, INC. | 2 | 7.13% | $8,212 |
MORTGAGE INVESTORS GROUP, INC. | 2 | 6.13% | $5,644 |
First Citizens National Bank | 1 | 6.99% | $6,908 |
MOVEMENT MORTGAGE, LLC | 1 | 7.50% | $7,298 |
GUARANTEED RATE, INC. | 1 | 5.63% | $5,959 |
LOANDEPOT.COM, LLC | 1 | 7.13% | $5,559 |
Bank of England | 1 | 6.25% | $11,753 |
COMMUNITY MORTGAGE CORPORATION | 1 | 6.38% | $5,349 |
Equity Prime Mortgage LLC | 1 | 6.50% | $11,715 |
The top Dayton USDA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
3 USDA loans originated. Their average total fees are
$7,875, which is $640
lower than the next largest lender,
FIRST COMMUNITY MORTGAGE, INC..
The lowest fee Dayton USDA lenders (with over 10 loans originated) are
.
The lowest rate Dayton USDA lenders (with over 10 loans originated) are
.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Dayton (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $182,500 (7.3%) | $282,940 (8.9%) | 0.00 | 184 |
2018-02-01 | $182,100 (4.1%) | $266,430 (0.2%) | 0.00 | 197 |
2018-03-01 | $178,900 (3.5%) | $275,056 (1.8%) | 0.00 | 183 |
2018-04-01 | $193,875 (9.5%) | $284,019 (0.7%) | 0.00 | 186 |
2018-05-01 | $198,500 (2.8%) | $296,069 (3.2%) | 0.00 | 190 |
2018-06-01 | $195,500 (-5.8%) | $298,635 (-0.3%) | 0.00 | 187 |
2018-07-01 | $213,038 (-4.1%) | $305,936 (0.6%) | 0.00 | 181 |
2018-08-01 | $216,075 (-8.5%) | $306,385 (-2.1%) | 0.00 | 185 |
2018-09-01 | $219,000 (-0.3%) | $309,101 (0.1%) | 0.00 | 176 |
2018-10-01 | $202,475 (3.0%) | $306,205 (3.4%) | 0.00 | 173 |
2018-11-01 | $213,725 (11.8%) | $310,112 (7.2%) | 0.00 | 167 |
2018-12-01 | $225,000 (20.6%) | $304,844 (7.9%) | 0.00 | 152 |
2019-01-01 | $223,625 (22.5%) | $307,982 (8.9%) | 0.00 | 142 |
2019-02-01 | $226,225 (24.2%) | $314,776 (18.2%) | 0.00 | 133 |
2019-03-01 | $231,200 (29.2%) | $320,188 (16.4%) | 0.00 | 127 |
2019-04-01 | $226,038 (16.6%) | $313,414 (10.4%) | 0.00 | 130 |
2019-05-01 | $238,125 (20.0%) | $339,029 (14.5%) | 0.00 | 141 |
2019-06-01 | $224,500 (14.8%) | $317,062 (6.2%) | 0.00 | 147 |
2019-07-01 | $239,000 (12.2%) | $324,206 (6.0%) | 0.00 | 147 |
2019-08-01 | $227,509 (5.3%) | $315,968 (3.1%) | 0.00 | 150 |
2019-09-01 | $220,473 (0.7%) | $310,559 (0.5%) | 0.00 | 148 |
2019-10-01 | $214,975 (6.2%) | $306,106 (0.0%) | 0.00 | 146 |
2019-11-01 | $199,900 (-6.5%) | $300,333 (-3.2%) | 0.00 | 135 |
2019-12-01 | $199,925 (-11.1%) | $305,521 (0.2%) | 0.00 | 128 |
2020-01-01 | $209,950 (-6.1%) | $316,459 (2.8%) | 0.00 | 113 |
2020-02-01 | $219,950 (-2.8%) | $330,768 (5.1%) | 0.00 | 108 |
2020-03-01 | $233,325 (0.9%) | $345,515 (7.9%) | 0.00 | 93 |
2020-04-01 | $236,950 (4.8%) | $341,104 (8.8%) | 0.00 | 94 |
2020-05-01 | $249,900 (4.9%) | $342,218 (0.9%) | 0.00 | 92 |
2020-06-01 | $239,000 (6.5%) | $330,209 (4.2%) | 0.00 | 85 |
2020-07-01 | $219,275 (-8.3%) | $326,521 (0.7%) | 0.00 | 67 |
2020-08-01 | $249,000 (9.5%) | $391,193 (23.8%) | 0.00 | 65 |
2020-09-01 | $244,750 (11.0%) | $396,923 (27.8%) | 0.00 | 52 |
2020-10-01 | $277,400 (29.0%) | $421,411 (37.7%) | 0.00 | 54 |
2020-11-01 | $325,000 (62.6%) | $430,667 (43.4%) | 0.00 | 51 |
2020-12-01 | $325,000 (62.6%) | $465,034 (52.2%) | 0.00 | 46 |
2021-01-01 | $294,500 (40.3%) | $476,656 (50.6%) | 0.00 | 49 |
2021-02-01 | $312,450 (42.1%) | $480,687 (45.3%) | 0.00 | 47 |
2021-03-01 | $305,620 (31.0%) | $474,638 (37.4%) | 0.00 | 44 |
2021-04-01 | $295,500 (24.7%) | $484,013 (41.9%) | 0.00 | 38 |
2021-05-01 | $295,000 (18.1%) | $524,444 (53.3%) | 0.00 | 32 |
2021-06-01 | $276,600 (15.7%) | $449,568 (36.2%) | 0.00 | 43 |
2021-07-01 | $252,500 (15.2%) | $442,480 (35.5%) | 0.00 | 58 |
2021-08-01 | $272,225 (9.3%) | $478,178 (22.2%) | 0.00 | 52 |
2021-09-01 | $279,375 (14.2%) | $396,194 (-0.2%) | 0.00 | 57 |
2021-10-01 | $286,200 (3.2%) | $410,946 (-2.5%) | 0.00 | 50 |
2021-11-01 | $272,200 (-16.3%) | $401,248 (-6.8%) | 0.00 | 43 |
2021-12-01 | $280,500 (-13.7%) | $434,124 (-6.7%) | 0.00 | 38 |
2022-01-01 | $287,450 (-2.4%) | $452,404 (-5.1%) | 0.00 | 32 |
2022-02-01 | $308,070 (-1.4%) | $453,731 (-5.6%) | 0.00 | 25 |
2022-03-01 | $341,795 (11.8%) | $493,387 (4.0%) | 0.00 | 31 |
2022-04-01 | $354,400 (19.9%) | $477,424 (-1.4%) | 0.00 | 39 |
2022-05-01 | $354,900 (20.3%) | $453,950 (-13.4%) | 0.00 | 57 |
2022-06-01 | $363,725 (31.5%) | $439,506 (-2.2%) | 0.00 | 66 |
2022-07-01 | $375,000 (48.5%) | $427,084 (-3.5%) | 0.00 | 67 |
2022-08-01 | $399,450 (46.7%) | $455,665 (-4.7%) | 0.00 | 72 |
2022-09-01 | $429,000 (53.6%) | $481,152 (21.4%) | 0.00 | 75 |
2022-10-01 | $429,000 (49.9%) | $492,633 (19.9%) | 0.00 | 78 |
2022-11-01 | $418,850 (53.9%) | $484,121 (20.7%) | 0.00 | 80 |
2022-12-01 | $374,900 (33.7%) | $467,677 (7.7%) | 0.00 | 89 |
2023-01-01 | $367,850 (28.0%) | $458,789 (1.4%) | 0.00 | 74 |
2023-02-01 | $389,000 (26.3%) | $469,860 (3.6%) | 0.00 | 67 |
2023-03-01 | $399,500 (16.9%) | $465,270 (-5.7%) | 0.00 | 57 |
2023-04-01 | $399,500 (12.7%) | $446,678 (-6.4%) | 0.00 | 53 |
2023-05-01 | $362,500 (2.1%) | $439,158 (-3.3%) | 0.00 | 74 |
2023-06-01 | $393,000 (8.1%) | $485,247 (10.4%) | 0.00 | 81 |
2023-07-01 | $388,500 (3.6%) | $529,064 (23.9%) | 0.00 | 87 |
2023-08-01 | $413,750 (3.6%) | $513,934 (12.8%) | 0.00 | 91 |
2023-09-01 | $420,000 (-2.1%) | $515,667 (7.2%) | 0.00 | 87 |
2023-10-01 | $375,600 (-12.5%) | $485,787 (-1.4%) | 0.00 | 84 |
2023-11-01 | $399,700 (-4.6%) | $504,645 (4.2%) | 0.00 | 83 |
2023-12-01 | $395,700 (5.6%) | $506,756 (8.4%) | 0.00 | 76 |
2024-01-01 | $357,450 (-2.8%) | $500,974 (9.2%) | 0.00 | 72 |
2024-02-01 | $371,000 (-4.6%) | $493,374 (5.0%) | 0.00 | 66 |
2024-03-01 | $404,450 (1.2%) | $503,708 (8.3%) | 0.00 | 64 |
2024-04-01 | $381,477 (-4.5%) | $513,836 (15.0%) | 0.00 | 74 |
2024-05-01 | $399,575 (10.2%) | $525,820 (19.7%) | 0.00 | 84 |
2024-06-01 | $362,500 (-7.8%) | $495,421 (2.1%) | 0.00 | 100 |
2024-07-01 | $346,950 (-10.7%) | $472,801 (-10.6%) | 0.00 | 111 |
2024-08-01 | $355,000 (-14.2%) | $462,983 (-9.9%) | 0.00 | 107 |
2024-09-01 | $376,899 (-10.3%) | $496,418 (-3.7%) | 0.00 | 109 |
2024-10-01 | $381,901 (1.7%) | $483,512 (-0.5%) | 0.00 | 108 |
Dayton's median listing price comes in at 0% of the national average.
Dayton's average listing price for 2024-10-01 was $483,512, a difference of $-2,275 (-0.5%) versus the prior year and $-12,906 versus the prior month.
For the 2024-10-01 period, Dayton had 108 MLS listings, a difference of -1 listings (-1%) versus the prior month and 24 listings (29%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dayton (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,792 sqft |
2018-02-01 | 0 days | 1,781 sqft |
2018-03-01 | 0 days | 1,692 sqft |
2018-04-01 | 0 days | 1,853 sqft |
2018-05-01 | 0 days | 1,878 sqft |
2018-06-01 | 0 days | 1,888 sqft |
2018-07-01 | 0 days | 1,904 sqft |
2018-08-01 | 0 days | 1,982 sqft |
2018-09-01 | 0 days | 2,000 sqft |
2018-10-01 | 0 days | 1,914 sqft |
2018-11-01 | 0 days | 1,871 sqft |
2018-12-01 | 0 days | 1,955 sqft |
2019-01-01 | 0 days | 1,898 sqft |
2019-02-01 | 0 days | 1,872 sqft |
2019-03-01 | 0 days | 1,974 sqft |
2019-04-01 | 0 days | 2,024 sqft |
2019-05-01 | 0 days | 2,055 sqft |
2019-06-01 | 0 days | 2,056 sqft |
2019-07-01 | 0 days | 2,168 sqft |
2019-08-01 | 0 days | 2,078 sqft |
2019-09-01 | 0 days | 2,012 sqft |
2019-10-01 | 0 days | 1,947 sqft |
2019-11-01 | 0 days | 1,920 sqft |
2019-12-01 | 0 days | 1,960 sqft |
2020-01-01 | 0 days | 1,964 sqft |
2020-02-01 | 0 days | 1,934 sqft |
2020-03-01 | 0 days | 1,940 sqft |
2020-04-01 | 0 days | 1,931 sqft |
2020-05-01 | 0 days | 1,946 sqft |
2020-06-01 | 0 days | 1,884 sqft |
2020-07-01 | 0 days | 1,860 sqft |
2020-08-01 | 0 days | 2,092 sqft |
2020-09-01 | 0 days | 2,083 sqft |
2020-10-01 | 0 days | 2,258 sqft |
2020-11-01 | 0 days | 2,484 sqft |
2020-12-01 | 0 days | 2,560 sqft |
2021-01-01 | 0 days | 2,520 sqft |
2021-02-01 | 0 days | 2,346 sqft |
2021-03-01 | 0 days | 1,989 sqft |
2021-04-01 | 0 days | 2,120 sqft |
2021-05-01 | 0 days | 1,719 sqft |
2021-06-01 | 0 days | 1,829 sqft |
2021-07-01 | 0 days | 1,762 sqft |
2021-08-01 | 0 days | 1,820 sqft |
2021-09-01 | 0 days | 1,888 sqft |
2021-10-01 | 0 days | 1,899 sqft |
2021-11-01 | 0 days | 1,846 sqft |
2021-12-01 | 0 days | 1,748 sqft |
2022-01-01 | 0 days | 1,863 sqft |
2022-02-01 | 0 days | 2,195 sqft |
2022-03-01 | 0 days | 1,896 sqft |
2022-04-01 | 0 days | 1,940 sqft |
2022-05-01 | 0 days | 1,811 sqft |
2022-06-01 | 0 days | 1,838 sqft |
2022-07-01 | 0 days | 1,866 sqft |
2022-08-01 | 0 days | 2,040 sqft |
2022-09-01 | 0 days | 2,040 sqft |
2022-10-01 | 0 days | 1,986 sqft |
2022-11-01 | 0 days | 1,893 sqft |
2022-12-01 | 0 days | 1,893 sqft |
2023-01-01 | 0 days | 1,853 sqft |
2023-02-01 | 0 days | 1,901 sqft |
2023-03-01 | 0 days | 1,893 sqft |
2023-04-01 | 0 days | 1,902 sqft |
2023-05-01 | 0 days | 1,823 sqft |
2023-06-01 | 0 days | 1,965 sqft |
2023-07-01 | 0 days | 1,973 sqft |
2023-08-01 | 0 days | 1,807 sqft |
2023-09-01 | 0 days | 1,918 sqft |
2023-10-01 | 0 days | 1,825 sqft |
2023-11-01 | 0 days | 1,937 sqft |
2023-12-01 | 0 days | 2,016 sqft |
2024-01-01 | 0 days | 1,894 sqft |
2024-02-01 | 0 days | 1,966 sqft |
2024-03-01 | 0 days | 2,022 sqft |
2024-04-01 | 0 days | 2,000 sqft |
2024-05-01 | 0 days | 1,998 sqft |
2024-06-01 | 0 days | 1,992 sqft |
2024-07-01 | 0 days | 1,823 sqft |
2024-08-01 | 0 days | 1,960 sqft |
2024-09-01 | 0 days | 1,988 sqft |
2024-10-01 | 0 days | 1,992 sqft |
Dayton's median square footage for active listings during the 2024-10-01 period was 1,992 sqft. One year prior, the average listing was 1,825 sqft.