Deridder USDA Loan Rates, Closing Costs & Stats

DeRidder, LA

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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.

    Deridder's 10 lenders originated 22 USDA loans during 2023. The total origination value was $3,230,000, with an average USDA loan value of $146,818.

    Deridder USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Deridder averaged 0.17% for the week of 2024-11-15, compared to the national average (all USDA variants) of 0% for the same period.

    Deridder's average USDA mortgage closing costs are $4,628.

    The average rate for the prior week (2024-11-08) was 6.52% and one month ago for the week of 2024-10-11, the average rate was 6.18%.

    The average rate one year ago was 7.21%.

    For refis of the same type during the week of 2024-11-15, the average rate was 0.2%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Deridder 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 Deridder level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    EUSTIS AND AMERICAN MORTGAGE COMPANY 6 6.85% $5,078
    MORTGAGE FINANCIAL SERVICES, LLC 5 6.20% $5,249
    NEWREZ LLC 2 7.31% $5,663
    Sabine State Bank and Trust Company 1 5.41% $4,166
    THE MORTGAGE FIRM, INC. 1 6.88% $5,384
    UNION HOME MORTGAGE CORP. 1 5.50% $4,919
    AMERICAN FINANCIAL RESOURCES, INC. 1 6.75% $6,459
    UNITED WHOLESALE MORTGAGE, LLC 1 5.72% $5,532
    GMFS LLC 1 6.13% $2,980
    NTFN, INC. 1 6.50% $9,114

    The top Deridder USDA lender as defined by loan originations is EUSTIS AND AMERICAN MORTGAGE COMPANY, with 6 USDA loans originated. Their average total fees are $5,078, which is $171 lower than the next largest lender, MORTGAGE FINANCIAL SERVICES, LLC.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Deridder (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 $184,250 (2.8%) $189,405 (2.6%) 0.00 204
    2018-02-01 $187,000 (7.5%) $191,215 (4.3%) 0.00 197
    2018-03-01 $180,000 (6.5%) $190,808 (1.4%) 0.00 199
    2018-04-01 $183,125 (2.2%) $193,083 (1.4%) 0.00 211
    2018-05-01 $183,875 (2.4%) $194,372 (-2.7%) 0.00 205
    2018-06-01 $189,000 (4.5%) $195,173 (-4.3%) 0.00 195
    2018-07-01 $189,000 (5.4%) $203,265 (3.5%) 0.00 210
    2018-08-01 $189,000 (3.0%) $204,256 (0.1%) 0.00 219
    2018-09-01 $189,000 (4.1%) $205,454 (-1.8%) 0.00 215
    2018-10-01 $189,900 (5.6%) $207,288 (1.2%) 0.00 195
    2018-11-01 $186,979 (3.9%) $209,878 (4.3%) 0.00 187
    2018-12-01 $188,500 (4.8%) $213,323 (8.0%) 0.00 187
    2019-01-01 $188,350 (2.2%) $211,727 (11.8%) 0.00 175
    2019-02-01 $187,625 (0.3%) $208,187 (8.9%) 0.00 168
    2019-03-01 $189,729 (5.4%) $207,905 (9.0%) 0.00 161
    2019-04-01 $189,629 (3.6%) $207,847 (7.7%) 0.00 159
    2019-05-01 $181,225 (-1.4%) $214,681 (10.5%) 0.00 161
    2019-06-01 $185,000 (-2.1%) $221,407 (13.4%) 0.00 169
    2019-07-01 $180,000 (-4.8%) $214,587 (5.6%) 0.00 165
    2019-08-01 $179,727 (-4.9%) $215,983 (5.7%) 0.00 165
    2019-09-01 $179,318 (-5.1%) $218,068 (6.1%) 0.00 160
    2019-10-01 $178,000 (-6.3%) $220,206 (6.2%) 0.00 151
    2019-11-01 $189,900 (1.6%) $225,968 (7.7%) 0.00 141
    2019-12-01 $193,200 (2.5%) $227,280 (6.5%) 0.00 136
    2020-01-01 $203,425 (8.0%) $235,945 (11.4%) 0.00 135
    2020-02-01 $202,400 (7.9%) $237,138 (13.9%) 0.00 124
    2020-03-01 $203,200 (7.1%) $241,679 (16.3%) 0.00 120
    2020-04-01 $199,975 (5.5%) $235,942 (13.5%) 0.00 128
    2020-05-01 $191,200 (5.5%) $203,507 (-5.2%) 0.00 130
    2020-06-01 $199,750 (8.0%) $210,842 (-4.8%) 0.00 136
    2020-07-01 $193,125 (7.3%) $214,879 (0.1%) 0.00 119
    2020-08-01 $211,000 (17.4%) $231,064 (7.0%) 0.00 111
    2020-09-01 $218,500 (21.9%) $231,129 (6.0%) 0.00 101
    2020-10-01 $189,900 (6.7%) $216,177 (-1.8%) 0.00 84
    2020-11-01 $177,000 (-6.8%) $212,669 (-5.9%) 0.00 74
    2020-12-01 $222,500 (15.2%) $236,337 (4.0%) 0.00 70
    2021-01-01 $209,948 (3.2%) $217,462 (-7.8%) 0.00 56
    2021-02-01 $191,375 (-5.5%) $211,850 (-10.7%) 0.00 56
    2021-03-01 $170,975 (-15.9%) $202,355 (-16.3%) 0.00 48
    2021-04-01 $197,175 (-1.4%) $227,944 (-3.4%) 0.00 47
    2021-05-01 $189,500 (-0.9%) $212,320 (4.3%) 0.00 43
    2021-06-01 $153,350 (-23.2%) $242,782 (15.2%) 0.00 43
    2021-07-01 $175,000 (-9.4%) $295,056 (37.3%) 0.00 46
    2021-08-01 $164,000 (-22.3%) $297,186 (28.6%) 0.00 50
    2021-09-01 $187,500 (-14.2%) $287,617 (24.4%) 0.00 55
    2021-10-01 $171,500 (-9.7%) $289,848 (34.1%) 0.00 52
    2021-11-01 $165,975 (-6.2%) $292,966 (37.8%) 0.00 58
    2021-12-01 $166,475 (-25.2%) $286,879 (21.4%) 0.00 57
    2022-01-01 $187,250 (-10.8%) $285,192 (31.2%) 0.00 53
    2022-02-01 $164,950 (-13.8%) $298,802 (41.0%) 0.00 46
    2022-03-01 $156,175 (-8.7%) $325,521 (60.9%) 0.00 37
    2022-04-01 $195,500 (-0.9%) $343,369 (50.6%) 0.00 36
    2022-05-01 $215,750 (13.9%) $230,323 (8.5%) 0.00 57
    2022-06-01 $204,000 (33.0%) $219,832 (-9.5%) 0.00 64
    2022-07-01 $209,500 (19.7%) $224,679 (-23.9%) 0.00 77
    2022-08-01 $196,000 (19.5%) $217,076 (-27.0%) 0.00 91
    2022-09-01 $195,250 (4.1%) $219,141 (-23.8%) 0.00 92
    2022-10-01 $209,500 (22.2%) $232,697 (-19.7%) 0.00 95
    2022-11-01 $229,500 (38.3%) $255,848 (-12.7%) 0.00 96
    2022-12-01 $239,000 (43.6%) $276,408 (-3.7%) 0.00 90
    2023-01-01 $229,500 (22.6%) $271,421 (-4.8%) 0.00 89
    2023-02-01 $233,750 (41.7%) $265,066 (-11.3%) 0.00 95
    2023-03-01 $243,950 (56.2%) $265,911 (-18.3%) 0.00 86
    2023-04-01 $249,000 (27.4%) $273,504 (-20.4%) 0.00 88
    2023-05-01 $235,000 (8.9%) $249,522 (8.3%) 0.00 100
    2023-06-01 $234,950 (15.2%) $263,481 (19.9%) 0.00 104
    2023-07-01 $234,950 (12.2%) $277,189 (23.4%) 0.00 113
    2023-08-01 $270,340 (37.9%) $316,282 (45.7%) 0.00 122
    2023-09-01 $259,950 (33.1%) $343,352 (56.7%) 0.00 125
    2023-10-01 $275,000 (31.3%) $355,093 (52.6%) 0.00 125
    2023-11-01 $275,500 (20.0%) $359,594 (40.6%) 0.00 127
    2023-12-01 $275,000 (15.1%) $357,955 (29.5%) 0.00 125
    2024-01-01 $265,000 (15.5%) $354,091 (30.5%) 0.00 117
    2024-02-01 $269,000 (15.1%) $351,658 (32.7%) 0.00 117
    2024-03-01 $279,950 (14.8%) $361,771 (36.1%) 0.00 124
    2024-04-01 $284,250 (14.2%) $359,039 (31.3%) 0.00 135
    2024-05-01 $276,200 (17.5%) $353,372 (41.6%) 0.00 150
    2024-06-01 $269,950 (14.9%) $344,957 (30.9%) 0.00 151
    2024-07-01 $267,350 (13.8%) $330,361 (19.2%) 0.00 153
    2024-08-01 $259,900 (-3.9%) $329,199 (4.1%) 0.00 152
    2024-09-01 $252,100 (-3.0%) $312,542 (-9.0%) 0.00 152
    2024-10-01 $249,600 (-9.2%) $326,391 (-8.1%) 0.00 167
    Deridder's median listing price for 2024-10-01 was $249,600, a difference of $-25,400 (-9.2%) versus the prior year and $-2,500 versus the prior month.

    Deridder's median listing price comes in at 0% of the national average.

    Deridder's average listing price for 2024-10-01 was $326,391, a difference of $-28,702 (-8.1%) versus the prior year and $13,849 versus the prior month.

    For the 2024-10-01 period, Deridder had 167 MLS listings, a difference of 15 listings (10%) versus the prior month and 42 listings (34%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Deridder (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,205 sqft
    2018-02-01 0 days 2,255 sqft
    2018-03-01 0 days 2,202 sqft
    2018-04-01 0 days 2,205 sqft
    2018-05-01 0 days 2,213 sqft
    2018-06-01 0 days 2,266 sqft
    2018-07-01 0 days 2,352 sqft
    2018-08-01 0 days 2,344 sqft
    2018-09-01 0 days 2,408 sqft
    2018-10-01 0 days 2,420 sqft
    2018-11-01 0 days 2,346 sqft
    2018-12-01 0 days 2,354 sqft
    2019-01-01 0 days 2,430 sqft
    2019-02-01 0 days 2,412 sqft
    2019-03-01 0 days 2,414 sqft
    2019-04-01 0 days 2,424 sqft
    2019-05-01 0 days 2,378 sqft
    2019-06-01 0 days 2,358 sqft
    2019-07-01 0 days 2,380 sqft
    2019-08-01 0 days 2,345 sqft
    2019-09-01 0 days 2,280 sqft
    2019-10-01 0 days 2,232 sqft
    2019-11-01 0 days 2,225 sqft
    2019-12-01 0 days 2,300 sqft
    2020-01-01 0 days 2,324 sqft
    2020-02-01 0 days 2,290 sqft
    2020-03-01 0 days 2,129 sqft
    2020-04-01 0 days 1,990 sqft
    2020-05-01 0 days 1,889 sqft
    2020-06-01 0 days 1,913 sqft
    2020-07-01 0 days 1,905 sqft
    2020-08-01 0 days 1,870 sqft
    2020-09-01 0 days 1,847 sqft
    2020-10-01 0 days 1,818 sqft
    2020-11-01 0 days 1,781 sqft
    2020-12-01 0 days 1,888 sqft
    2021-01-01 0 days 1,853 sqft
    2021-02-01 0 days 1,839 sqft
    2021-03-01 0 days 1,842 sqft
    2021-04-01 0 days 1,804 sqft
    2021-05-01 0 days 1,762 sqft
    2021-06-01 0 days 1,634 sqft
    2021-07-01 0 days 1,651 sqft
    2021-08-01 0 days 1,716 sqft
    2021-09-01 0 days 1,726 sqft
    2021-10-01 0 days 1,718 sqft
    2021-11-01 0 days 1,692 sqft
    2021-12-01 0 days 1,692 sqft
    2022-01-01 0 days 1,809 sqft
    2022-02-01 0 days 1,804 sqft
    2022-03-01 0 days 1,858 sqft
    2022-04-01 0 days 1,820 sqft
    2022-05-01 0 days 1,890 sqft
    2022-06-01 0 days 1,735 sqft
    2022-07-01 0 days 1,764 sqft
    2022-08-01 0 days 1,709 sqft
    2022-09-01 0 days 1,679 sqft
    2022-10-01 0 days 1,680 sqft
    2022-11-01 0 days 1,799 sqft
    2022-12-01 0 days 1,840 sqft
    2023-01-01 0 days 1,838 sqft
    2023-02-01 0 days 1,842 sqft
    2023-03-01 0 days 1,834 sqft
    2023-04-01 0 days 1,867 sqft
    2023-05-01 0 days 1,819 sqft
    2023-06-01 0 days 1,838 sqft
    2023-07-01 0 days 1,870 sqft
    2023-08-01 0 days 1,914 sqft
    2023-09-01 0 days 1,929 sqft
    2023-10-01 0 days 1,956 sqft
    2023-11-01 0 days 1,978 sqft
    2023-12-01 0 days 1,956 sqft
    2024-01-01 0 days 1,907 sqft
    2024-02-01 0 days 1,956 sqft
    2024-03-01 0 days 2,048 sqft
    2024-04-01 0 days 2,002 sqft
    2024-05-01 0 days 2,013 sqft
    2024-06-01 0 days 1,992 sqft
    2024-07-01 0 days 2,024 sqft
    2024-08-01 0 days 1,956 sqft
    2024-09-01 0 days 1,953 sqft
    2024-10-01 0 days 1,925 sqft
    Deridder's median listing age (time on market) for 2024-10-01 was 0 days.

    Deridder's median square footage for active listings during the 2024-10-01 period was 1,925 sqft. One year prior, the average listing was 1,956 sqft.