Deltona USDA Loan Rates, Closing Costs & Stats

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL

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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.

    Deltona's 8 lenders originated 9 USDA loans during 2023. The total origination value was $2,485,000, with an average USDA loan value of $276,111.

    Deltona USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Deltona averaged 6.79% for the week of 2024-04-19, compared to the national average (all USDA variants) of 6.863% for the same period.

    Deltona's average USDA mortgage closing costs are $6,304.

    The average rate for the prior week (2024-04-12) was 6.55% and one month ago for the week of 2024-03-15, the average rate was 6.33%.

    The average rate one year ago was 6.17%.

    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.

    Deltona 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 Deltona level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    CMG MORTGAGE, INC. 1 6.25% $8,136
    DHI MORTGAGE COMPANY, LTD. 1 4.99% $6,693
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.99% $15,262
    Mortgage Lenders Investment Trading Corporation 1 6.75% $9,361
    Paramount Residential Mortgage Group, Inc. 1 5.75% $14,676
    THE MORTGAGE FIRM, INC. 1 5.25% $12,142
    UNION HOME MORTGAGE CORP. 1 7.00% $7,084
    UNITED WHOLESALE MORTGAGE, LLC 1 7.25% $10,608

    The top Deltona USDA lender as defined by loan originations is CMG MORTGAGE, INC., with 1 USDA loans originated. Their average total fees are $8,136, which is $1,442 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Deltona (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 $259,900 (0.0%) $356,756 (-1.8%) 0.96 4,545
    2018-02-01 $259,900 (-1.5%) $355,972 (-3.7%) 0.94 4,613
    2018-03-01 $264,475 (-0.7%) $362,125 (-2.1%) 0.93 4,674
    2018-04-01 $269,450 (0.5%) $371,628 (0.2%) 0.91 4,722
    2018-05-01 $274,875 (2.1%) $372,907 (0.3%) 0.92 4,790
    2018-06-01 $275,000 (2.1%) $374,152 (-0.1%) 0.92 4,807
    2018-07-01 $275,000 (3.8%) $375,433 (1.8%) 0.92 4,812
    2018-08-01 $275,000 (3.8%) $375,025 (1.0%) 0.92 4,774
    2018-09-01 $271,068 (2.3%) $368,854 (0.0%) 0.91 4,888
    2018-10-01 $269,950 (3.9%) $366,548 (2.3%) 0.91 5,041
    2018-11-01 $269,900 (3.0%) $369,691 (3.7%) 0.91 5,195
    2018-12-01 $269,900 (3.8%) $372,361 (4.6%) 0.93 5,203
    2019-01-01 $269,450 (3.7%) $371,634 (4.2%) 0.93 5,261
    2019-02-01 $270,430 (4.1%) $375,012 (5.4%) 0.91 5,382
    2019-03-01 $274,671 (3.9%) $376,837 (4.1%) 0.90 5,292
    2019-04-01 $277,200 (2.9%) $378,689 (1.9%) 0.88 5,111
    2019-05-01 $279,900 (1.8%) $379,656 (1.8%) 0.87 5,013
    2019-06-01 $279,800 (1.8%) $377,548 (0.9%) 0.87 5,054
    2019-07-01 $275,000 (0.0%) $373,519 (-0.5%) 0.86 4,983
    2019-08-01 $274,714 (-0.1%) $369,737 (-1.4%) 0.87 4,991
    2019-09-01 $274,284 (1.2%) $368,473 (-0.1%) 0.88 4,938
    2019-10-01 $273,975 (1.5%) $367,630 (0.3%) 0.88 4,901
    2019-11-01 $270,990 (0.4%) $366,103 (-1.0%) 0.89 4,855
    2019-12-01 $274,000 (1.5%) $366,354 (-1.6%) 0.91 4,750
    2020-01-01 $273,738 (1.6%) $369,678 (-0.5%) 0.91 4,748
    2020-02-01 $279,900 (3.5%) $377,519 (0.7%) 0.92 4,669
    2020-03-01 $279,450 (1.7%) $375,715 (-0.3%) 0.88 4,765
    2020-04-01 $274,950 (-0.8%) $370,981 (-2.0%) 0.86 4,869
    2020-05-01 $275,400 (-1.6%) $372,301 (-1.9%) 0.84 4,633
    2020-06-01 $279,000 (-0.3%) $377,826 (0.1%) 0.82 3,992
    2020-07-01 $279,900 (1.8%) $384,912 (3.1%) 0.81 3,548
    2020-08-01 $279,975 (1.9%) $388,208 (5.0%) 0.80 3,157
    2020-09-01 $286,895 (4.6%) $400,268 (8.6%) 0.82 2,906
    2020-10-01 $289,000 (5.5%) $403,491 (9.8%) 0.83 2,866
    2020-11-01 $289,218 (6.7%) $402,824 (10.0%) 0.85 2,814
    2020-12-01 $287,945 (5.1%) $405,626 (10.7%) 0.86 2,616
    2021-01-01 $289,900 (5.9%) $413,065 (11.7%) 0.87 2,311
    2021-02-01 $299,700 (7.1%) $436,558 (15.6%) 0.87 1,929
    2021-03-01 $302,450 (8.2%) $447,881 (19.2%) 0.86 1,534
    2021-04-01 $315,000 (14.6%) $464,588 (25.2%) 0.85 1,387
    2021-05-01 $320,000 (16.2%) $469,207 (26.0%) 0.85 1,392
    2021-06-01 $335,000 (20.1%) $469,297 (24.2%) 0.88 1,533
    2021-07-01 $330,000 (17.9%) $459,735 (19.4%) 0.87 1,724
    2021-08-01 $339,000 (21.1%) $456,175 (17.5%) 0.90 1,875
    2021-09-01 $343,408 (19.7%) $460,790 (15.1%) 0.92 1,994
    2021-10-01 $349,900 (21.1%) $470,754 (16.7%) 0.93 1,977
    2021-11-01 $349,900 (21.0%) $479,586 (19.1%) 0.94 1,907
    2021-12-01 $349,900 (21.5%) $479,123 (18.1%) 0.95 1,733
    2022-01-01 $349,900 (20.7%) $474,035 (14.8%) 0.95 1,499
    2022-02-01 $375,000 (25.1%) $513,823 (17.7%) 0.98 1,316
    2022-03-01 $381,470 (26.1%) $526,980 (17.7%) 0.96 1,251
    2022-04-01 $399,900 (27.0%) $553,875 (19.2%) 0.95 1,299
    2022-05-01 $402,500 (25.8%) $552,388 (17.7%) 0.92 1,705
    2022-06-01 $417,779 (24.7%) $539,889 (15.0%) 0.93 2,088
    2022-07-01 $403,500 (22.3%) $531,127 (15.5%) 0.91 2,727
    2022-08-01 $399,900 (18.0%) $518,690 (13.7%) 0.92 3,103
    2022-09-01 $399,450 (16.3%) $506,477 (9.9%) 0.93 3,160
    2022-10-01 $399,000 (14.0%) $507,340 (7.8%) 0.94 3,109
    2022-11-01 $395,000 (12.9%) $503,190 (4.9%) 0.95 3,364
    2022-12-01 $389,900 (11.4%) $495,410 (3.4%) 0.96 3,432
    2023-01-01 $394,445 (12.7%) $505,824 (6.7%) 0.98 3,394
    2023-02-01 $395,573 (5.5%) $508,601 (-1.0%) 0.95 3,443
    2023-03-01 $399,000 (4.6%) $515,491 (-2.2%) 0.94 3,348
    2023-04-01 $399,900 (0.0%) $520,297 (-6.1%) 0.93 3,240
    2023-05-01 $399,900 (-0.7%) $524,325 (-5.1%) 0.91 3,354
    2023-06-01 $399,950 (-4.3%) $529,210 (-2.0%) 0.90 3,492
    2023-07-01 $399,900 (-0.9%) $533,323 (0.4%) 0.91 3,622
    2023-08-01 $403,188 (0.8%) $537,667 (3.7%) 0.93 3,731
    2023-09-01 $400,000 (0.1%) $530,956 (4.8%) 0.93 3,968
    2023-10-01 $399,900 (0.2%) $528,388 (4.2%) 0.94 4,218
    2023-11-01 $398,000 (0.8%) $522,722 (3.9%) 0.95 4,470
    2023-12-01 $397,900 (2.1%) $524,220 (5.8%) 0.97 4,501
    2024-01-01 $399,900 (1.4%) $525,161 (3.8%) 0.98 4,598
    2024-02-01 $399,900 (1.1%) $528,146 (3.8%) 0.96 4,865
    2024-03-01 $399,000 (0.0%) $519,665 (0.8%) 0.94 5,128
    Deltona's median listing price for 2024-03-01 was $399,000, a difference of $0 (0.0%) versus the prior year and $-900 versus the prior month.

    Deltona's median listing price comes in at 94% of the national average.

    Deltona's average listing price for 2024-03-01 was $519,665, a difference of $4,174 (0.8%) versus the prior year and $-8,481 versus the prior month.

    For the 2024-03-01 period, Deltona had 5,128 MLS listings, a difference of 263 listings (5%) versus the prior month and 1,780 listings (53%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Deltona (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 73 days 1,888 sqft
    2018-02-01 67 days 1,864 sqft
    2018-03-01 60 days 1,871 sqft
    2018-04-01 61 days 1,866 sqft
    2018-05-01 65 days 1,891 sqft
    2018-06-01 67 days 1,895 sqft
    2018-07-01 71 days 1,880 sqft
    2018-08-01 71 days 1,872 sqft
    2018-09-01 67 days 1,860 sqft
    2018-10-01 66 days 1,860 sqft
    2018-11-01 66 days 1,862 sqft
    2018-12-01 73 days 1,859 sqft
    2019-01-01 79 days 1,832 sqft
    2019-02-01 73 days 1,841 sqft
    2019-03-01 71 days 1,845 sqft
    2019-04-01 70 days 1,845 sqft
    2019-05-01 70 days 1,811 sqft
    2019-06-01 70 days 1,815 sqft
    2019-07-01 71 days 1,807 sqft
    2019-08-01 71 days 1,806 sqft
    2019-09-01 72 days 1,804 sqft
    2019-10-01 74 days 1,802 sqft
    2019-11-01 68 days 1,789 sqft
    2019-12-01 72 days 1,786 sqft
    2020-01-01 75 days 1,760 sqft
    2020-02-01 67 days 1,766 sqft
    2020-03-01 59 days 1,756 sqft
    2020-04-01 66 days 1,728 sqft
    2020-05-01 76 days 1,724 sqft
    2020-06-01 85 days 1,732 sqft
    2020-07-01 71 days 1,751 sqft
    2020-08-01 64 days 1,732 sqft
    2020-09-01 58 days 1,760 sqft
    2020-10-01 51 days 1,774 sqft
    2020-11-01 52 days 1,753 sqft
    2020-12-01 58 days 1,718 sqft
    2021-01-01 61 days 1,714 sqft
    2021-02-01 44 days 1,718 sqft
    2021-03-01 43 days 1,723 sqft
    2021-04-01 36 days 1,730 sqft
    2021-05-01 32 days 1,706 sqft
    2021-06-01 31 days 1,714 sqft
    2021-07-01 31 days 1,700 sqft
    2021-08-01 35 days 1,696 sqft
    2021-09-01 38 days 1,681 sqft
    2021-10-01 40 days 1,702 sqft
    2021-11-01 43 days 1,698 sqft
    2021-12-01 52 days 1,690 sqft
    2022-01-01 46 days 1,680 sqft
    2022-02-01 33 days 1,683 sqft
    2022-03-01 31 days 1,699 sqft
    2022-04-01 29 days 1,724 sqft
    2022-05-01 27 days 1,732 sqft
    2022-06-01 30 days 1,755 sqft
    2022-07-01 32 days 1,724 sqft
    2022-08-01 39 days 1,712 sqft
    2022-09-01 49 days 1,717 sqft
    2022-10-01 60 days 1,724 sqft
    2022-11-01 62 days 1,732 sqft
    2022-12-01 64 days 1,711 sqft
    2023-01-01 67 days 1,701 sqft
    2023-02-01 59 days 1,691 sqft
    2023-03-01 54 days 1,701 sqft
    2023-04-01 56 days 1,689 sqft
    2023-05-01 52 days 1,682 sqft
    2023-06-01 51 days 1,687 sqft
    2023-07-01 58 days 1,695 sqft
    2023-08-01 58 days 1,698 sqft
    2023-09-01 56 days 1,685 sqft
    2023-10-01 57 days 1,679 sqft
    2023-11-01 59 days 1,674 sqft
    2023-12-01 65 days 1,673 sqft
    2024-01-01 70 days 1,673 sqft
    2024-02-01 67 days 1,673 sqft
    2024-03-01 57 days 1,672 sqft
    Deltona's median listing age (time on market) for 2024-03-01 was 57 days. This is 6% longer than the same period one year ago.

    Deltona's median square footage for active listings during the 2024-03-01 period was 1,672 sqft. One year prior, the average listing was 1,701 sqft.