Deltona USDA Loans
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL
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 41 lenders originated 70 USDA loans during 2021. The total origination value was $16,040,000, with an average USDA loan value of $229,143.
Deltona USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Deltona
averaged
5.36%
for the week of 2022-05-13, compared to the national average (all USDA variants) of
5.294% for the same period.
The average rate for the prior week (2022-05-06) was
5.29% and
one month ago for the week of 2022-04-08, the
average rate was 5.06%.
The average rate one year ago was 3.17%.
For refis of the same type during the week of 2022-05-13, the average rate
was 5.23%.
Deltona USDA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for USDA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Deltona level.
The top Deltona USDA lender as defined by loan originations is Mortgage Lenders Investment Trading Corporation, with
6 USDA loans originated. Their average total fees are
$8,242, which is $1,465
higher than the next largest lender,
Plains Commerce Bank.
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. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $273,245 (-0.6%) | $380,428 (-4.1%) | 1.01 | 5,894 |
2018-02-01 | $273,945 (-1.6%) | $380,970 (-5.3%) | 0.99 | 5,941 |
2018-03-01 | $275,000 (-1.8%) | $388,741 (-3.8%) | 0.95 | 6,038 |
2018-04-01 | $283,000 (0.4%) | $400,685 (-0.8%) | 0.95 | 6,140 |
2018-05-01 | $289,950 (2.6%) | $405,334 (0.4%) | 0.97 | 6,287 |
2018-06-01 | $299,000 (5.5%) | $411,228 (1.0%) | 1.00 | 6,291 |
2018-07-01 | $298,750 (6.7%) | $411,398 (2.0%) | 1.00 | 6,409 |
2018-08-01 | $298,500 (6.6%) | $412,747 (1.8%) | 1.00 | 6,330 |
2018-09-01 | $289,999 (3.9%) | $409,459 (1.8%) | 0.97 | 6,456 |
2018-10-01 | $289,000 (5.2%) | $406,753 (5.2%) | 0.97 | 6,668 |
2018-11-01 | $288,950 (5.1%) | $410,113 (6.1%) | 0.97 | 6,795 |
2018-12-01 | $289,000 (5.1%) | $416,479 (8.5%) | 0.99 | 6,783 |
2019-01-01 | $289,000 (5.8%) | $416,704 (9.5%) | 1.00 | 6,844 |
2019-02-01 | $289,900 (5.8%) | $416,810 (9.4%) | 0.97 | 7,024 |
2019-03-01 | $292,086 (6.2%) | $416,638 (7.2%) | 0.95 | 6,857 |
2019-04-01 | $295,450 (4.4%) | $416,284 (3.9%) | 0.93 | 6,566 |
2019-05-01 | $295,900 (2.1%) | $415,696 (2.6%) | 0.91 | 6,464 |
2019-06-01 | $293,500 (-1.8%) | $410,666 (-0.1%) | 0.90 | 6,491 |
2019-07-01 | $289,000 (-3.3%) | $405,080 (-1.5%) | 0.90 | 6,353 |
2019-08-01 | $283,371 (-5.1%) | $401,200 (-2.8%) | 0.89 | 6,266 |
2019-09-01 | $282,101 (-2.7%) | $399,409 (-2.5%) | 0.90 | 6,144 |
2019-10-01 | $284,950 (-1.4%) | $396,165 (-2.6%) | 0.91 | 6,270 |
2019-11-01 | $284,500 (-1.5%) | $393,548 (-4.0%) | 0.92 | 6,189 |
2019-12-01 | $285,000 (-1.4%) | $394,494 (-5.3%) | 0.95 | 6,031 |
2020-01-01 | $285,000 (-1.4%) | $396,994 (-4.7%) | 0.95 | 5,968 |
2020-02-01 | $290,000 (0.0%) | $401,789 (-3.6%) | 0.94 | 5,937 |
2020-03-01 | $292,200 (0.0%) | $402,770 (-3.3%) | 0.91 | 6,070 |
2020-04-01 | $286,495 (-3.0%) | $394,189 (-5.3%) | 0.89 | 6,189 |
2020-05-01 | $289,000 (-2.3%) | $393,622 (-5.3%) | 0.88 | 5,866 |
2020-06-01 | $289,950 (-1.2%) | $402,832 (-1.9%) | 0.85 | 4,983 |
2020-07-01 | $291,990 (1.0%) | $409,727 (1.2%) | 0.84 | 4,390 |
2020-08-01 | $290,353 (2.5%) | $415,283 (3.5%) | 0.83 | 3,940 |
2020-09-01 | $295,745 (4.8%) | $428,167 (7.2%) | 0.85 | 3,585 |
2020-10-01 | $299,000 (4.9%) | $433,543 (9.4%) | 0.85 | 3,547 |
2020-11-01 | $299,450 (5.3%) | $433,469 (10.1%) | 0.86 | 3,517 |
2020-12-01 | $299,000 (4.9%) | $431,640 (9.4%) | 0.88 | 3,284 |
2021-01-01 | $299,900 (5.2%) | $442,492 (11.5%) | 0.88 | 2,919 |
2021-02-01 | $313,700 (8.2%) | $462,990 (15.2%) | 0.90 | 2,434 |
2021-03-01 | $324,246 (11.0%) | $482,210 (19.7%) | 0.91 | 1,881 |
2021-04-01 | $336,500 (17.5%) | $503,962 (27.9%) | 0.90 | 1,673 |
2021-05-01 | $342,225 (18.4%) | $500,717 (27.2%) | 0.90 | 1,694 |
2021-06-01 | $350,000 (20.7%) | $503,318 (24.9%) | 0.91 | 1,829 |
2021-07-01 | $349,867 (19.8%) | $491,486 (20.0%) | 0.91 | 2,033 |
2021-08-01 | $352,000 (21.2%) | $486,502 (17.2%) | 0.93 | 2,242 |
2021-09-01 | $359,150 (21.4%) | $488,423 (14.1%) | 0.95 | 2,373 |
2021-10-01 | $360,100 (20.4%) | $497,625 (14.8%) | 0.95 | 2,402 |
2021-11-01 | $364,900 (21.9%) | $505,562 (16.6%) | 0.96 | 2,277 |
2021-12-01 | $360,475 (20.6%) | $506,202 (17.3%) | 0.96 | 2,044 |
2022-01-01 | $359,900 (20.0%) | $504,829 (14.1%) | 0.96 | 1,766 |
2022-02-01 | $389,875 (24.3%) | $554,325 (19.7%) | 0.99 | 1,553 |
2022-03-01 | $395,735 (22.1%) | $567,894 (17.8%) | 0.98 | 1,444 |
2022-04-01 | $410,348 (22.0%) | $591,558 (17.4%) | 0.97 | 1,529 |
Deltona's median listing price comes in at 97% of the national average.
Deltona's average listing price for 2022-04-01 was $591,558, a difference of $87,596 (17.4%) versus the prior year and $23,664 versus the prior month.
For the 2022-04-01 period, Deltona had 1,529 MLS listings, a difference of 85 listings (6%) versus the prior month and -144 listings (-9%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Deltona (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 79 days | 1,916 sqft |
2018-02-01 | 74 days | 1,903 sqft |
2018-03-01 | 65 days | 1,902 sqft |
2018-04-01 | 67 days | 1,897 sqft |
2018-05-01 | 68 days | 1,925 sqft |
2018-06-01 | 73 days | 1,935 sqft |
2018-07-01 | 74 days | 1,916 sqft |
2018-08-01 | 74 days | 1,912 sqft |
2018-09-01 | 73 days | 1,906 sqft |
2018-10-01 | 71 days | 1,908 sqft |
2018-11-01 | 72 days | 1,908 sqft |
2018-12-01 | 79 days | 1,900 sqft |
2019-01-01 | 85 days | 1,880 sqft |
2019-02-01 | 80 days | 1,885 sqft |
2019-03-01 | 72 days | 1,889 sqft |
2019-04-01 | 74 days | 1,887 sqft |
2019-05-01 | 74 days | 1,857 sqft |
2019-06-01 | 74 days | 1,846 sqft |
2019-07-01 | 74 days | 1,832 sqft |
2019-08-01 | 77 days | 1,832 sqft |
2019-09-01 | 78 days | 1,828 sqft |
2019-10-01 | 76 days | 1,827 sqft |
2019-11-01 | 72 days | 1,815 sqft |
2019-12-01 | 75 days | 1,813 sqft |
2020-01-01 | 79 days | 1,795 sqft |
2020-02-01 | 70 days | 1,799 sqft |
2020-03-01 | 59 days | 1,785 sqft |
2020-04-01 | 68 days | 1,755 sqft |
2020-05-01 | 78 days | 1,754 sqft |
2020-06-01 | 87 days | 1,762 sqft |
2020-07-01 | 76 days | 1,775 sqft |
2020-08-01 | 66 days | 1,772 sqft |
2020-09-01 | 59 days | 1,781 sqft |
2020-10-01 | 51 days | 1,804 sqft |
2020-11-01 | 53 days | 1,800 sqft |
2020-12-01 | 59 days | 1,768 sqft |
2021-01-01 | 64 days | 1,745 sqft |
2021-02-01 | 47 days | 1,739 sqft |
2021-03-01 | 44 days | 1,755 sqft |
2021-04-01 | 39 days | 1,783 sqft |
2021-05-01 | 35 days | 1,758 sqft |
2021-06-01 | 33 days | 1,757 sqft |
2021-07-01 | 33 days | 1,732 sqft |
2021-08-01 | 36 days | 1,736 sqft |
2021-09-01 | 39 days | 1,722 sqft |
2021-10-01 | 41 days | 1,732 sqft |
2021-11-01 | 43 days | 1,724 sqft |
2021-12-01 | 48 days | 1,714 sqft |
2022-01-01 | 46 days | 1,700 sqft |
2022-02-01 | 34 days | 1,701 sqft |
2022-03-01 | 33 days | 1,724 sqft |
2022-04-01 | 30 days | 1,753 sqft |
Deltona's median square footage for active listings during the 2022-04-01 period was 1,753 sqft. One year prior, the average listing was 1,783 sqft.