Deltona USDA Loan Rates, Closing Costs & Stats

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 10 lenders originated 13 USDA loans during 2022. The total origination value was $3,105,000, with an average USDA loan value of $238,846.

Deltona USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in Deltona averaged -0.39% for the week of 2024-02-23, compared to the national average (all USDA variants) of 0% for the same period.

Deltona's average USDA mortgage closing costs are $6,195.

The average rate for the prior week (2024-02-16) was 6.19% and one month ago for the week of 2024-01-19, the average rate was 6.07%.

The average rate one year ago was 5.78%.

For refis of the same type during the week of 2024-02-23, the average rate was -1.45%.

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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Mortgage Lenders Investment Trading Corporation 3 3.54% $10,943
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 5.75% $8,874
MLD MORTGAGE INC. 1 4.50% $10,582
NORWICH COMMERCIAL GROUP, INC. 1 3.75% $11,795
PENNYMAC LOAN SERVICES, LLC 1 3.38% $11,007
South State Bank 1 3.38% $8,678
UNITED WHOLESALE MORTGAGE, LLC 1 4.25% $9,589
BROKER SOLUTIONS, INC. 1 5.13% $13,295
Waterstone Mortgage Corporation 1 5.13% $10,641
Christensen Financial, Inc. 1 3.13% $6,928

The top Deltona USDA lender as defined by loan originations is Mortgage Lenders Investment Trading Corporation, with 3 USDA loans originated. Their average total fees are $10,943, which is $2,069 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

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
Deltona's median listing price for 2023-12-01 was $397,900, a difference of $8,000 (2.1%) versus the prior year and $-100 versus the prior month.

Deltona's median listing price comes in at 97% of the national average.

Deltona's average listing price for 2023-12-01 was $524,220, a difference of $28,810 (5.8%) versus the prior year and $1,498 versus the prior month.

For the 2023-12-01 period, Deltona had 4,501 MLS listings, a difference of 31 listings (1%) versus the prior month and 1,069 listings (31%) 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
Deltona's median listing age (time on market) for 2023-12-01 was 65 days. This is 2% longer than the same period one year ago.

Deltona's median square footage for active listings during the 2023-12-01 period was 1,673 sqft. One year prior, the average listing was 1,711 sqft.