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
6.53%
for the week of 2023-09-22, compared to the national average (all USDA variants) of
7.021% for the same period.
Deltona's average USDA mortgage closing costs are $6,195.
The average rate for the prior week (2023-09-15) was
6.59% and
one month ago for the week of 2023-08-18, the
average rate was 6.49%.
The average rate one year ago was 5.32%.
For refis of the same type during the week of 2023-09-22, the average rate
was 5.77%.
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%) | $356,674 (-1.8%) | 0.96 | 4,545 |
| 2018-02-01 | $259,900 (-1.5%) | $355,907 (-3.7%) | 0.94 | 4,613 |
| 2018-03-01 | $264,475 (-0.7%) | $362,125 (-2.2%) | 0.93 | 4,674 |
| 2018-04-01 | $269,450 (0.6%) | $371,611 (0.2%) | 0.91 | 4,722 |
| 2018-05-01 | $274,850 (2.2%) | $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%) | $366,539 (2.3%) | 0.91 | 5,041 |
| 2018-11-01 | $269,900 (3.1%) | $369,681 (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 | $279,750 (1.7%) | $377,511 (0.9%) | 0.87 | 5,055 |
| 2019-07-01 | $275,000 (0.0%) | $373,483 (-0.5%) | 0.86 | 4,984 |
| 2019-08-01 | $274,714 (-0.1%) | $369,711 (-1.4%) | 0.87 | 4,992 |
| 2019-09-01 | $274,284 (1.2%) | $368,462 (-0.1%) | 0.88 | 4,938 |
| 2019-10-01 | $273,975 (1.5%) | $367,629 (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%) | $366,319 (-1.6%) | 0.91 | 4,751 |
| 2020-01-01 | $273,691 (1.6%) | $369,643 (-0.5%) | 0.91 | 4,749 |
| 2020-02-01 | $279,900 (3.5%) | $377,483 (0.7%) | 0.92 | 4,669 |
| 2020-03-01 | $279,450 (1.7%) | $375,679 (-0.3%) | 0.88 | 4,765 |
| 2020-04-01 | $274,950 (-0.8%) | $370,964 (-2.0%) | 0.86 | 4,870 |
| 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 (11.8%) | 0.87 | 2,311 |
| 2021-02-01 | $299,700 (7.1%) | $436,558 (15.7%) | 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 | 1,393 |
| 2021-06-01 | $334,975 (20.1%) | $469,148 (24.2%) | 0.88 | 1,534 |
| 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 | $343,183 (19.6%) | $460,732 (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 | $381,495 (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 | $417,837 (24.7%) | $539,889 (15.1%) | 0.93 | 2,087 |
| 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 (16.4%) | $506,516 (9.9%) | 0.93 | 3,159 |
| 2022-10-01 | $399,000 (14.0%) | $507,423 (7.8%) | 0.94 | 3,108 |
| 2022-11-01 | $395,000 (12.9%) | $503,268 (4.9%) | 0.95 | 3,363 |
| 2022-12-01 | $389,900 (11.4%) | $495,483 (3.4%) | 0.96 | 3,431 |
| 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%) | 0.96 | 3,443 |
| 2023-03-01 | $399,000 (4.6%) | $515,491 (-2.2%) | 0.94 | 3,348 |
| 2023-04-01 | $399,900 (0.0%) | $520,290 (-6.1%) | 0.93 | 3,241 |
| 2023-05-01 | $399,900 (-0.7%) | $524,289 (-5.1%) | 0.91 | 3,353 |
| 2023-06-01 | $399,950 (-4.3%) | $529,174 (-2.0%) | 0.90 | 3,491 |
| 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 |
Deltona's median listing price comes in at 93% of the national average.
Deltona's average listing price for 2023-08-01 was $537,667, a difference of $18,977 (3.7%) versus the prior year and $4,344 versus the prior month.
For the 2023-08-01 period, Deltona had 3,731 MLS listings, a difference of 109 listings (3%) versus the prior month and 628 listings (20%) 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 | 1,890 sqft |
| 2018-06-01 | 67 days | 1,895 sqft |
| 2018-07-01 | 71 days | 1,879 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 | 1,785 sqft |
| 2020-01-01 | 75 days | 1,760 sqft |
| 2020-02-01 | 67 days | 1,765 sqft |
| 2020-03-01 | 59 days | 1,755 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 | 1,731 sqft |
| 2021-05-01 | 32 days | 1,704 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 | 1,697 sqft |
| 2022-04-01 | 29 days | 1,724 sqft |
| 2022-05-01 | 27 days | 1,731 sqft |
| 2022-06-01 | 30 days | 1,754 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 | 1,733 sqft |
| 2022-12-01 | 64 days | 1,711 sqft |
| 2023-01-01 | 67 days | 1,701 sqft |
| 2023-02-01 | 59 days | 1,692 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 |
Deltona's median square footage for active listings during the 2023-08-01 period was 1,698 sqft. One year prior, the average listing was 1,712 sqft.