Douglas USDA Loan Rates, Closing Costs & Stats

Douglas, GA

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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.

    Douglas's 3 lenders originated 4 USDA loans during 2023. The total origination value was $630,000, with an average USDA loan value of $157,500.

    Douglas USDA Loans, 30 Year Fixed Rates

    30 Year USDA mortgages in Douglas averaged 6.6% for the week of 2024-04-26, compared to the national average (all USDA variants) of 6.838% for the same period.

    Douglas's average USDA mortgage closing costs are $4,402.

    The average rate for the prior week (2024-04-19) was 6.92% and one month ago for the week of 2024-03-22, the average rate was 6.62%.

    The average rate one year ago was 6.44%.

    For refis of the same type during the week of 2024-04-26, the average rate was 7.04%.

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

    Douglas 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 Douglas level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Renasant Bank 2 6.63% $5,390
    Ameris Bank 1 6.00% $9,241
    AXIA FINANCIAL, LLC 1 7.13% $7,210

    The top Douglas USDA lender as defined by loan originations is Renasant Bank, with 2 USDA loans originated. Their average total fees are $5,390, which is $3,850 lower than the next largest lender, Ameris Bank.

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

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

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Douglas (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 $121,000 (11.2%) $152,822 (15.2%) 0.00 144
    2018-02-01 $111,750 (2.8%) $148,903 (16.8%) 0.00 140
    2018-03-01 $119,450 (9.5%) $150,851 (14.7%) 0.00 139
    2018-04-01 $139,706 (27.1%) $159,812 (17.9%) 0.00 141
    2018-05-01 $141,875 (31.4%) $157,735 (18.0%) 0.00 130
    2018-06-01 $139,000 (21.2%) $156,352 (14.7%) 0.00 124
    2018-07-01 $135,950 (20.4%) $157,830 (11.4%) 0.00 127
    2018-08-01 $137,000 (24.7%) $158,486 (8.2%) 0.00 120
    2018-09-01 $129,900 (7.0%) $152,105 (0.9%) 0.00 125
    2018-10-01 $128,200 (7.4%) $151,271 (-1.0%) 0.00 131
    2018-11-01 $126,950 (4.5%) $153,600 (-4.0%) 0.00 135
    2018-12-01 $132,500 (7.8%) $175,063 (10.7%) 0.00 138
    2019-01-01 $140,750 (16.3%) $185,648 (21.5%) 0.00 128
    2019-02-01 $157,425 (40.9%) $201,686 (35.5%) 0.00 122
    2019-03-01 $158,764 (32.9%) $202,148 (34.0%) 0.00 118
    2019-04-01 $157,250 (12.6%) $201,497 (26.1%) 0.00 116
    2019-05-01 $164,800 (16.2%) $214,457 (36.0%) 0.00 113
    2019-06-01 $155,000 (11.5%) $204,322 (30.7%) 0.00 112
    2019-07-01 $148,700 (9.4%) $190,787 (20.9%) 0.00 113
    2019-08-01 $145,966 (6.5%) $189,676 (19.7%) 0.00 109
    2019-09-01 $143,665 (10.6%) $187,295 (23.1%) 0.00 107
    2019-10-01 $142,000 (10.8%) $183,784 (21.5%) 0.00 110
    2019-11-01 $139,450 (9.9%) $184,096 (19.9%) 0.00 110
    2019-12-01 $141,613 (6.9%) $165,977 (-5.2%) 0.00 106
    2020-01-01 $140,412 (-0.2%) $160,586 (-13.5%) 0.00 107
    2020-02-01 $144,900 (-8.0%) $167,153 (-17.1%) 0.00 119
    2020-03-01 $147,450 (-7.1%) $178,326 (-11.8%) 0.00 104
    2020-04-01 $149,925 (-4.7%) $176,552 (-12.4%) 0.00 101
    2020-05-01 $149,900 (-9.0%) $172,263 (-19.7%) 0.00 95
    2020-06-01 $167,000 (7.7%) $189,741 (-7.1%) 0.00 93
    2020-07-01 $166,750 (12.1%) $192,194 (0.7%) 0.00 86
    2020-08-01 $164,950 (13.0%) $194,957 (2.8%) 0.00 84
    2020-09-01 $159,925 (11.3%) $192,054 (2.5%) 0.00 82
    2020-10-01 $159,000 (12.0%) $184,997 (0.7%) 0.00 75
    2020-11-01 $154,675 (10.9%) $194,060 (5.4%) 0.00 76
    2020-12-01 $156,800 (10.7%) $200,699 (20.9%) 0.00 66
    2021-01-01 $150,000 (6.8%) $203,278 (26.6%) 0.00 64
    2021-02-01 $156,900 (8.3%) $219,685 (31.4%) 0.00 54
    2021-03-01 $154,400 (4.7%) $199,369 (11.8%) 0.00 59
    2021-04-01 $162,450 (8.4%) $194,220 (10.0%) 0.00 51
    2021-05-01 $174,700 (16.5%) $196,118 (13.9%) 0.00 44
    2021-06-01 $202,850 (21.5%) $226,862 (19.6%) 0.00 33
    2021-07-01 $199,900 (19.9%) $228,347 (18.8%) 0.00 35
    2021-08-01 $197,225 (19.6%) $240,514 (23.4%) 0.00 49
    2021-09-01 $225,750 (41.2%) $238,671 (24.3%) 0.00 62
    2021-10-01 $225,000 (41.5%) $231,775 (25.3%) 0.00 63
    2021-11-01 $225,000 (45.5%) $240,783 (24.1%) 0.00 61
    2021-12-01 $229,450 (46.3%) $251,508 (25.3%) 0.00 64
    2022-01-01 $229,950 (53.3%) $256,211 (26.0%) 0.00 56
    2022-02-01 $219,675 (40.0%) $256,399 (16.7%) 0.00 50
    2022-03-01 $249,850 (61.8%) $272,560 (36.7%) 0.00 45
    2022-04-01 $259,450 (59.7%) $294,534 (51.7%) 0.00 42
    2022-05-01 $253,200 (44.9%) $299,333 (52.6%) 0.00 51
    2022-06-01 $264,975 (30.6%) $324,284 (42.9%) 0.00 56
    2022-07-01 $260,000 (30.1%) $312,334 (36.8%) 0.00 61
    2022-08-01 $252,900 (28.2%) $284,280 (18.2%) 0.00 64
    2022-09-01 $265,000 (17.4%) $281,536 (18.0%) 0.00 70
    2022-10-01 $259,900 (15.5%) $285,825 (23.3%) 0.00 74
    2022-11-01 $259,000 (15.1%) $264,725 (9.9%) 0.00 70
    2022-12-01 $257,250 (12.1%) $269,445 (7.1%) 0.00 67
    2023-01-01 $241,400 (5.0%) $265,420 (3.6%) 0.00 81
    2023-02-01 $229,950 (4.7%) $256,832 (0.2%) 0.00 101
    2023-03-01 $226,250 (-9.5%) $251,652 (-7.7%) 0.00 114
    2023-04-01 $230,000 (-11.4%) $285,600 (-3.0%) 0.00 59
    2023-05-01 $276,225 (9.1%) $314,536 (5.1%) 0.00 55
    2023-06-01 $289,700 (9.3%) $324,711 (0.1%) 0.00 52
    2023-07-01 $285,000 (9.6%) $319,898 (2.4%) 0.00 63
    2023-08-01 $282,450 (11.7%) $298,521 (5.0%) 0.00 67
    2023-09-01 $279,900 (5.6%) $299,896 (6.5%) 0.00 66
    2023-10-01 $281,725 (8.4%) $297,897 (4.2%) 0.00 64
    2023-11-01 $269,675 (4.1%) $276,980 (4.6%) 0.00 76
    2023-12-01 $272,450 (5.9%) $286,214 (6.2%) 0.00 80
    2024-01-01 $269,400 (11.6%) $282,920 (6.6%) 0.00 78
    2024-02-01 $269,650 (17.3%) $293,706 (14.4%) 0.00 70
    2024-03-01 $259,000 (14.5%) $290,346 (15.4%) 0.00 67
    Douglas's median listing price for 2024-03-01 was $259,000, a difference of $32,750 (14.5%) versus the prior year and $-10,650 versus the prior month.

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

    Douglas's average listing price for 2024-03-01 was $290,346, a difference of $38,694 (15.4%) versus the prior year and $-3,360 versus the prior month.

    For the 2024-03-01 period, Douglas had 67 MLS listings, a difference of -3 listings (-4%) versus the prior month and -47 listings (-41%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Douglas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,865 sqft
    2018-02-01 0 days 1,868 sqft
    2018-03-01 0 days 1,812 sqft
    2018-04-01 0 days 1,909 sqft
    2018-05-01 0 days 1,894 sqft
    2018-06-01 0 days 1,891 sqft
    2018-07-01 0 days 1,894 sqft
    2018-08-01 0 days 1,951 sqft
    2018-09-01 0 days 1,920 sqft
    2018-10-01 0 days 1,914 sqft
    2018-11-01 0 days 1,838 sqft
    2018-12-01 0 days 1,836 sqft
    2019-01-01 0 days 1,839 sqft
    2019-02-01 0 days 1,924 sqft
    2019-03-01 0 days 1,939 sqft
    2019-04-01 0 days 1,976 sqft
    2019-05-01 0 days 1,986 sqft
    2019-06-01 0 days 1,976 sqft
    2019-07-01 0 days 1,969 sqft
    2019-08-01 0 days 1,976 sqft
    2019-09-01 0 days 1,977 sqft
    2019-10-01 0 days 1,950 sqft
    2019-11-01 0 days 1,900 sqft
    2019-12-01 0 days 1,887 sqft
    2020-01-01 0 days 1,869 sqft
    2020-02-01 0 days 1,988 sqft
    2020-03-01 0 days 2,031 sqft
    2020-04-01 0 days 1,937 sqft
    2020-05-01 0 days 1,892 sqft
    2020-06-01 0 days 2,051 sqft
    2020-07-01 0 days 2,021 sqft
    2020-08-01 0 days 2,056 sqft
    2020-09-01 0 days 2,044 sqft
    2020-10-01 0 days 1,945 sqft
    2020-11-01 0 days 1,918 sqft
    2020-12-01 0 days 2,062 sqft
    2021-01-01 0 days 2,017 sqft
    2021-02-01 0 days 2,006 sqft
    2021-03-01 0 days 1,875 sqft
    2021-04-01 0 days 1,867 sqft
    2021-05-01 0 days 1,827 sqft
    2021-06-01 0 days 2,284 sqft
    2021-07-01 0 days 1,888 sqft
    2021-08-01 0 days 1,952 sqft
    2021-09-01 0 days 1,987 sqft
    2021-10-01 0 days 2,031 sqft
    2021-11-01 0 days 2,152 sqft
    2021-12-01 0 days 2,108 sqft
    2022-01-01 0 days 2,120 sqft
    2022-02-01 0 days 2,117 sqft
    2022-03-01 0 days 2,110 sqft
    2022-04-01 0 days 2,225 sqft
    2022-05-01 0 days 2,136 sqft
    2022-06-01 0 days 2,181 sqft
    2022-07-01 0 days 2,113 sqft
    2022-08-01 0 days 2,005 sqft
    2022-09-01 0 days 2,052 sqft
    2022-10-01 0 days 2,071 sqft
    2022-11-01 0 days 2,023 sqft
    2022-12-01 0 days 2,071 sqft
    2023-01-01 0 days 1,901 sqft
    2023-02-01 0 days 1,869 sqft
    2023-03-01 0 days 1,861 sqft
    2023-04-01 0 days 1,903 sqft
    2023-05-01 0 days 2,003 sqft
    2023-06-01 0 days 2,088 sqft
    2023-07-01 0 days 2,076 sqft
    2023-08-01 0 days 2,100 sqft
    2023-09-01 0 days 2,100 sqft
    2023-10-01 0 days 2,079 sqft
    2023-11-01 0 days 2,024 sqft
    2023-12-01 0 days 2,026 sqft
    2024-01-01 0 days 1,968 sqft
    2024-02-01 0 days 1,947 sqft
    2024-03-01 0 days 1,914 sqft
    Douglas's median listing age (time on market) for 2024-03-01 was 0 days.

    Douglas's median square footage for active listings during the 2024-03-01 period was 1,914 sqft. One year prior, the average listing was 1,861 sqft.