Dyersburg USDA Loan Rates, Closing Costs & Stats
Dyersburg, TN
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.
Dyersburg's 12 lenders originated 41 USDA loans during 2023. The total origination value was $6,875,000, with an average USDA loan value of $167,683.
Dyersburg USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in Dyersburg
averaged
6.71%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
Dyersburg's average USDA mortgage closing costs are $3,997.
The average rate for the prior week (2024-04-12) was
6.37% and
one month ago for the week of 2024-03-15, the
average rate was 6.55%.
The average rate one year ago was 6.19%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.96%.
Dyersburg 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 Dyersburg level.
| Name | # of Loans | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Leaders Credit Union | 19 | 6.09% | $5,282 |
| First Citizens National Bank | 3 | 5.71% | $6,341 |
| MID AMERICA MORTGAGE, INC. | 2 | 6.13% | $3,428 |
| Regions Bank | 2 | 7.00% | $4,514 |
| EVERETT FINANCIAL, INC. | 2 | 5.88% | $5,518 |
| SOUTHPOINT FINANCIAL SERVICES, INC. | 1 | 5.75% | $11,927 |
| AMERICAN FINANCIAL NETWORK, INC. | 1 | 5.25% | $8,981 |
| STOCKTON MORTGAGE CORPORATION | 1 | 6.75% | $5,375 |
| AMERICAN FINANCIAL RESOURCES, INC. | 1 | 6.75% | $7,010 |
| Bank of England | 1 | 5.63% | $8,144 |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | 1 | 6.63% | $5,226 |
| Simmons Bank | 1 | 6.50% | $5,606 |
The top Dyersburg USDA lender as defined by loan originations is Leaders Credit Union, with
19 USDA loans originated. Their average total fees are
$5,282, which is $1,060
lower than the next largest lender,
First Citizens National Bank.
The lowest fee Dyersburg USDA lenders (with over 10 loans originated) are
Leaders Credit Union ($5,282), .
The lowest rate Dyersburg USDA lenders (with over 10 loans originated) are
Leaders Credit Union (6.09%), .
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Dyersburg (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 | $115,500 (-11.5%) | $141,566 (-6.0%) | 0.00 | 111 |
| 2018-02-01 | $112,425 (-13.3%) | $144,130 (-5.3%) | 0.00 | 110 |
| 2018-03-01 | $118,500 (-8.8%) | $145,600 (-5.9%) | 0.00 | 102 |
| 2018-04-01 | $127,400 (-5.3%) | $152,310 (-0.2%) | 0.00 | 117 |
| 2018-05-01 | $126,700 (-5.2%) | $154,104 (-0.4%) | 0.00 | 130 |
| 2018-06-01 | $133,500 (-4.3%) | $162,459 (1.4%) | 0.00 | 131 |
| 2018-07-01 | $133,500 (2.8%) | $157,814 (2.9%) | 0.00 | 133 |
| 2018-08-01 | $132,450 (4.0%) | $154,272 (3.5%) | 0.00 | 135 |
| 2018-09-01 | $136,700 (9.8%) | $155,215 (5.6%) | 0.00 | 140 |
| 2018-10-01 | $148,650 (22.7%) | $165,813 (15.2%) | 0.00 | 137 |
| 2018-11-01 | $136,000 (13.4%) | $159,651 (10.7%) | 0.00 | 141 |
| 2018-12-01 | $138,000 (17.0%) | $160,570 (10.4%) | 0.00 | 133 |
| 2019-01-01 | $139,900 (21.1%) | $161,815 (14.3%) | 0.00 | 121 |
| 2019-02-01 | $144,200 (28.3%) | $165,088 (14.5%) | 0.00 | 119 |
| 2019-03-01 | $154,186 (30.1%) | $168,642 (15.8%) | 0.00 | 115 |
| 2019-04-01 | $159,900 (25.5%) | $169,778 (11.5%) | 0.00 | 119 |
| 2019-05-01 | $157,400 (24.2%) | $172,385 (11.9%) | 0.00 | 122 |
| 2019-06-01 | $154,700 (15.9%) | $173,422 (6.8%) | 0.00 | 114 |
| 2019-07-01 | $134,975 (1.1%) | $164,315 (4.1%) | 0.00 | 105 |
| 2019-08-01 | $139,091 (5.0%) | $162,871 (5.6%) | 0.00 | 104 |
| 2019-09-01 | $145,227 (6.2%) | $160,657 (3.5%) | 0.00 | 104 |
| 2019-10-01 | $150,000 (0.9%) | $159,439 (-3.8%) | 0.00 | 106 |
| 2019-11-01 | $154,900 (13.9%) | $165,472 (3.7%) | 0.00 | 100 |
| 2019-12-01 | $152,425 (10.5%) | $168,804 (5.1%) | 0.00 | 86 |
| 2020-01-01 | $149,900 (7.2%) | $164,682 (1.8%) | 0.00 | 89 |
| 2020-02-01 | $138,700 (-3.8%) | $155,846 (-5.6%) | 0.00 | 80 |
| 2020-03-01 | $143,000 (-7.3%) | $150,409 (-10.8%) | 0.00 | 80 |
| 2020-04-01 | $148,950 (-6.9%) | $156,599 (-7.8%) | 0.00 | 77 |
| 2020-05-01 | $149,250 (-5.2%) | $161,292 (-6.4%) | 0.00 | 80 |
| 2020-06-01 | $164,550 (6.4%) | $178,677 (3.0%) | 0.00 | 62 |
| 2020-07-01 | $161,450 (19.6%) | $171,369 (4.3%) | 0.00 | 62 |
| 2020-08-01 | $131,200 (-5.7%) | $165,520 (1.6%) | 0.00 | 59 |
| 2020-09-01 | $132,450 (-8.8%) | $164,942 (2.7%) | 0.00 | 39 |
| 2020-10-01 | $117,400 (-21.7%) | $145,814 (-8.6%) | 0.00 | 36 |
| 2020-11-01 | $119,000 (-23.2%) | $151,340 (-8.5%) | 0.00 | 39 |
| 2020-12-01 | $107,250 (-29.6%) | $151,791 (-10.1%) | 0.00 | 38 |
| 2021-01-01 | $104,950 (-30.0%) | $138,903 (-15.7%) | 0.00 | 34 |
| 2021-02-01 | $94,500 (-31.9%) | $126,282 (-19.0%) | 0.00 | 38 |
| 2021-03-01 | $78,000 (-45.5%) | $130,358 (-13.3%) | 0.00 | 32 |
| 2021-04-01 | $130,125 (-12.6%) | $181,957 (16.2%) | 0.00 | 27 |
| 2021-05-01 | $149,400 (0.1%) | $213,950 (32.7%) | 0.00 | 23 |
| 2021-06-01 | $134,450 (-18.3%) | $188,250 (5.4%) | 0.00 | 39 |
| 2021-07-01 | $139,900 (-13.4%) | $188,666 (10.1%) | 0.00 | 44 |
| 2021-08-01 | $139,500 (6.3%) | $172,890 (4.5%) | 0.00 | 53 |
| 2021-09-01 | $151,150 (14.1%) | $177,651 (7.7%) | 0.00 | 57 |
| 2021-10-01 | $154,900 (31.9%) | $182,128 (24.9%) | 0.00 | 48 |
| 2021-11-01 | $117,300 (-1.4%) | $169,215 (11.8%) | 0.00 | 50 |
| 2021-12-01 | $99,450 (-7.3%) | $148,042 (-2.5%) | 0.00 | 58 |
| 2022-01-01 | $85,000 (-19.0%) | $135,140 (-2.7%) | 0.00 | 48 |
| 2022-02-01 | $117,500 (24.3%) | $153,827 (21.8%) | 0.00 | 42 |
| 2022-03-01 | $136,175 (74.6%) | $172,291 (32.2%) | 0.00 | 37 |
| 2022-04-01 | $154,950 (19.1%) | $184,703 (1.5%) | 0.00 | 46 |
| 2022-05-01 | $171,950 (15.1%) | $199,708 (-6.7%) | 0.00 | 51 |
| 2022-06-01 | $158,450 (17.9%) | $202,585 (7.6%) | 0.00 | 49 |
| 2022-07-01 | $159,000 (13.7%) | $215,137 (14.0%) | 0.00 | 57 |
| 2022-08-01 | $198,650 (42.4%) | $241,876 (39.9%) | 0.00 | 68 |
| 2022-09-01 | $231,925 (53.4%) | $254,783 (43.4%) | 0.00 | 74 |
| 2022-10-01 | $239,500 (54.6%) | $261,365 (43.5%) | 0.00 | 70 |
| 2022-11-01 | $226,925 (93.5%) | $253,377 (49.7%) | 0.00 | 75 |
| 2022-12-01 | $247,250 (148.6%) | $261,697 (76.8%) | 0.00 | 71 |
| 2023-01-01 | $248,450 (192.3%) | $255,585 (89.1%) | 0.00 | 68 |
| 2023-02-01 | $238,950 (103.4%) | $245,211 (59.4%) | 0.00 | 54 |
| 2023-03-01 | $241,150 (77.1%) | $239,532 (39.0%) | 0.00 | 52 |
| 2023-04-01 | $226,200 (46.0%) | $236,987 (28.3%) | 0.00 | 53 |
| 2023-05-01 | $229,900 (33.7%) | $236,862 (18.6%) | 0.00 | 53 |
| 2023-06-01 | $235,975 (48.9%) | $244,924 (20.9%) | 0.00 | 65 |
| 2023-07-01 | $224,250 (41.0%) | $254,703 (18.4%) | 0.00 | 54 |
| 2023-08-01 | $232,300 (16.9%) | $246,567 (1.9%) | 0.00 | 62 |
| 2023-09-01 | $214,950 (-7.3%) | $222,427 (-12.7%) | 0.00 | 71 |
| 2023-10-01 | $197,975 (-17.3%) | $215,769 (-17.5%) | 0.00 | 70 |
| 2023-11-01 | $194,450 (-14.3%) | $214,259 (-15.4%) | 0.00 | 77 |
| 2023-12-01 | $184,900 (-25.2%) | $221,346 (-15.4%) | 0.00 | 80 |
| 2024-01-01 | $189,825 (-23.6%) | $225,176 (-11.9%) | 0.00 | 83 |
| 2024-02-01 | $198,975 (-16.7%) | $226,582 (-7.6%) | 0.00 | 69 |
| 2024-03-01 | $224,900 (-6.7%) | $262,599 (9.6%) | 0.00 | 67 |
Dyersburg's median listing price comes in at 0% of the national average.
Dyersburg's average listing price for 2024-03-01 was $262,599, a difference of $23,067 (9.6%) versus the prior year and $36,017 versus the prior month.
For the 2024-03-01 period, Dyersburg had 67 MLS listings, a difference of -2 listings (-3%) versus the prior month and 15 listings (29%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Dyersburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,665 sqft |
| 2018-02-01 | 0 days | 1,655 sqft |
| 2018-03-01 | 0 days | 1,648 sqft |
| 2018-04-01 | 0 days | 1,673 sqft |
| 2018-05-01 | 0 days | 1,648 sqft |
| 2018-06-01 | 0 days | 1,778 sqft |
| 2018-07-01 | 0 days | 1,769 sqft |
| 2018-08-01 | 0 days | 1,769 sqft |
| 2018-09-01 | 0 days | 1,792 sqft |
| 2018-10-01 | 0 days | 1,947 sqft |
| 2018-11-01 | 0 days | 1,865 sqft |
| 2018-12-01 | 0 days | 1,902 sqft |
| 2019-01-01 | 0 days | 1,847 sqft |
| 2019-02-01 | 0 days | 1,843 sqft |
| 2019-03-01 | 0 days | 1,847 sqft |
| 2019-04-01 | 0 days | 1,841 sqft |
| 2019-05-01 | 0 days | 1,882 sqft |
| 2019-06-01 | 0 days | 1,928 sqft |
| 2019-07-01 | 0 days | 1,848 sqft |
| 2019-08-01 | 0 days | 1,865 sqft |
| 2019-09-01 | 0 days | 1,902 sqft |
| 2019-10-01 | 0 days | 1,927 sqft |
| 2019-11-01 | 0 days | 1,946 sqft |
| 2019-12-01 | 0 days | 1,990 sqft |
| 2020-01-01 | 0 days | 2,022 sqft |
| 2020-02-01 | 0 days | 1,883 sqft |
| 2020-03-01 | 0 days | 1,862 sqft |
| 2020-04-01 | 0 days | 1,962 sqft |
| 2020-05-01 | 0 days | 1,915 sqft |
| 2020-06-01 | 0 days | 1,990 sqft |
| 2020-07-01 | 0 days | 2,089 sqft |
| 2020-08-01 | 0 days | 1,937 sqft |
| 2020-09-01 | 0 days | 2,073 sqft |
| 2020-10-01 | 0 days | 1,539 sqft |
| 2020-11-01 | 0 days | 1,604 sqft |
| 2020-12-01 | 0 days | 1,696 sqft |
| 2021-01-01 | 0 days | 1,512 sqft |
| 2021-02-01 | 0 days | 1,477 sqft |
| 2021-03-01 | 0 days | 1,440 sqft |
| 2021-04-01 | 0 days | 1,670 sqft |
| 2021-05-01 | 0 days | 1,891 sqft |
| 2021-06-01 | 0 days | 1,620 sqft |
| 2021-07-01 | 0 days | 1,642 sqft |
| 2021-08-01 | 0 days | 1,683 sqft |
| 2021-09-01 | 0 days | 1,801 sqft |
| 2021-10-01 | 0 days | 1,729 sqft |
| 2021-11-01 | 0 days | 1,510 sqft |
| 2021-12-01 | 0 days | 1,475 sqft |
| 2022-01-01 | 0 days | 1,392 sqft |
| 2022-02-01 | 0 days | 1,695 sqft |
| 2022-03-01 | 0 days | 1,677 sqft |
| 2022-04-01 | 0 days | 1,660 sqft |
| 2022-05-01 | 0 days | 1,696 sqft |
| 2022-06-01 | 0 days | 1,732 sqft |
| 2022-07-01 | 0 days | 1,782 sqft |
| 2022-08-01 | 0 days | 1,840 sqft |
| 2022-09-01 | 0 days | 1,871 sqft |
| 2022-10-01 | 0 days | 1,892 sqft |
| 2022-11-01 | 0 days | 1,876 sqft |
| 2022-12-01 | 0 days | 2,022 sqft |
| 2023-01-01 | 0 days | 2,025 sqft |
| 2023-02-01 | 0 days | 1,875 sqft |
| 2023-03-01 | 0 days | 1,938 sqft |
| 2023-04-01 | 0 days | 1,933 sqft |
| 2023-05-01 | 0 days | 1,943 sqft |
| 2023-06-01 | 0 days | 1,922 sqft |
| 2023-07-01 | 0 days | 1,987 sqft |
| 2023-08-01 | 0 days | 1,999 sqft |
| 2023-09-01 | 0 days | 1,869 sqft |
| 2023-10-01 | 0 days | 1,876 sqft |
| 2023-11-01 | 0 days | 1,840 sqft |
| 2023-12-01 | 0 days | 1,633 sqft |
| 2024-01-01 | 0 days | 1,635 sqft |
| 2024-02-01 | 0 days | 1,721 sqft |
| 2024-03-01 | 0 days | 1,789 sqft |
Dyersburg's median square footage for active listings during the 2024-03-01 period was 1,789 sqft. One year prior, the average listing was 1,938 sqft.