East Stroudsburg USDA Loan Rates, Closing Costs & Stats

EAST STROUDSBURG, PA

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.

East Stroudsburg's 23 lenders originated 36 USDA loans during 2021. The total origination value was $6,710,000, with an average USDA loan value of $186,389.

East Stroudsburg USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in East Stroudsburg averaged 6.77% for the week of 2022-12-02, compared to the national average (all USDA variants) of 6.437% for the same period.

East Stroudsburg's average USDA mortgage closing costs are $5,569.

The average rate for the prior week (2022-11-25) was 6.71% and one month ago for the week of 2022-10-28, the average rate was 6.78%.

The average rate one year ago was 3.67%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.41%.

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

East Stroudsburg 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 East Stroudsburg level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
CROSSCOUNTRY MORTGAGE, LLC 6 2.52% $6,378
Mortgage America, Inc. 3 2.58% $6,332
Atlantic Home Loans, Inc. 3 3.17% $6,884
Acre Mortgage and Financial Inc 2 3.31% $9,370
Hometown Lenders, Inc. 2 3.63% $5,379
FINANCE OF AMERICA MORTGAGE LLC 2 3.06% $5,635
HOMESIDE FINANCIAL, LLC 2 3.19% $4,733
Fulton Bank 1 2.50% $5,472
GENEVA FINANCIAL, LLC 1 2.38% $5,828
GUARANTEED RATE, INC. 1 3.38% $6,466
HOME POINT FINANCIAL CORPORATION 1 2.88% $3,546
MLD MORTGAGE INC. 1 2.75% $6,557
MOVEMENT MORTGAGE, LLC 1 3.75% $6,366
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.63% $10,058
Summit Mortgage Corporation 1 2.25% $8,828
ABSOLUTE HOME MORTGAGE CORPORATION 1 3.00% $5,436
SWBC MORTGAGE CORPORATION 1 3.25% $2,635
AMERICAN FINANCIAL NETWORK, INC. 1 4.00% $12,384
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.63% $6,197
BROKER SOLUTIONS, INC. 1 3.25% $7,809
CALIBER HOME LOANS, INC. 1 2.75% $5,238
Century Mortgage Company DBA Century Lending Company 1 2.88% $6,809
FREEDOM MORTGAGE CORPORATION 1 2.88% $8,430

The top East Stroudsburg USDA lender as defined by loan originations is CROSSCOUNTRY MORTGAGE, LLC, with 6 USDA loans originated. Their average total fees are $6,378, which is $46 higher than the next largest lender, Mortgage America, Inc..

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

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


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - East Stroudsburg (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 $159,950 (1.0%) $200,986 (4.3%) 0.59 1,451
2018-02-01 $159,975 (0.1%) $202,183 (3.8%) 0.58 1,355
2018-03-01 $164,000 (2.6%) $205,519 (3.2%) 0.58 1,340
2018-04-01 $168,400 (2.1%) $207,593 (1.5%) 0.57 1,386
2018-05-01 $169,175 (1.7%) $206,872 (0.5%) 0.57 1,508
2018-06-01 $168,944 (-0.2%) $207,621 (1.2%) 0.56 1,609
2018-07-01 $172,900 (2.3%) $210,694 (2.2%) 0.58 1,684
2018-08-01 $171,925 (1.2%) $210,118 (1.9%) 0.58 1,721
2018-09-01 $173,100 (2.0%) $212,312 (3.9%) 0.58 1,679
2018-10-01 $176,500 (4.2%) $216,273 (5.3%) 0.60 1,603
2018-11-01 $179,800 (7.5%) $216,475 (6.5%) 0.61 1,519
2018-12-01 $175,000 (6.7%) $212,746 (5.1%) 0.60 1,401
2019-01-01 $174,650 (9.2%) $209,104 (4.0%) 0.60 1,276
2019-02-01 $177,000 (10.6%) $214,559 (6.1%) 0.60 1,229
2019-03-01 $178,957 (9.1%) $216,798 (5.5%) 0.59 1,233
2019-04-01 $178,957 (6.3%) $217,824 (4.9%) 0.57 1,296
2019-05-01 $179,900 (6.3%) $219,606 (6.2%) 0.56 1,408
2019-06-01 $179,900 (6.5%) $218,991 (5.5%) 0.56 1,585
2019-07-01 $179,900 (4.1%) $217,274 (3.1%) 0.56 1,661
2019-08-01 $181,363 (5.5%) $219,087 (4.3%) 0.57 1,671
2019-09-01 $183,409 (6.0%) $218,617 (3.0%) 0.59 1,660
2019-10-01 $185,450 (5.1%) $217,558 (0.6%) 0.60 1,631
2019-11-01 $189,000 (5.1%) $223,966 (3.5%) 0.62 1,456
2019-12-01 $185,450 (6.0%) $222,661 (4.7%) 0.62 1,296
2020-01-01 $185,950 (6.5%) $225,499 (7.8%) 0.62 1,191
2020-02-01 $189,900 (7.3%) $231,420 (7.9%) 0.62 1,112
2020-03-01 $194,975 (9.0%) $233,293 (7.6%) 0.61 1,093
2020-04-01 $199,000 (11.2%) $236,975 (8.8%) 0.62 1,017
2020-05-01 $199,850 (11.1%) $237,716 (8.3%) 0.61 1,022
2020-06-01 $211,750 (17.7%) $247,792 (13.2%) 0.62 973
2020-07-01 $219,450 (22.0%) $257,731 (18.6%) 0.64 810
2020-08-01 $225,000 (24.1%) $276,043 (26.0%) 0.64 687
2020-09-01 $229,900 (25.4%) $289,255 (32.3%) 0.66 629
2020-10-01 $239,900 (29.4%) $294,163 (35.2%) 0.69 608
2020-11-01 $242,450 (28.3%) $298,549 (33.3%) 0.71 596
2020-12-01 $251,400 (35.6%) $308,597 (38.6%) 0.75 557
2021-01-01 $265,000 (42.5%) $333,651 (48.0%) 0.79 442
2021-02-01 $277,300 (46.0%) $347,165 (50.0%) 0.81 376
2021-03-01 $278,950 (43.1%) $346,434 (48.5%) 0.79 375
2021-04-01 $279,450 (40.4%) $343,868 (45.1%) 0.76 422
2021-05-01 $279,000 (39.6%) $332,758 (40.0%) 0.74 510
2021-06-01 $279,500 (32.0%) $339,897 (37.2%) 0.74 581
2021-07-01 $289,000 (31.7%) $353,787 (37.3%) 0.76 696
2021-08-01 $288,200 (28.1%) $361,362 (30.9%) 0.77 744
2021-09-01 $297,000 (29.2%) $372,497 (28.8%) 0.79 720
2021-10-01 $295,000 (23.0%) $373,789 (27.1%) 0.79 672
2021-11-01 $297,000 (22.5%) $376,032 (26.0%) 0.79 598
2021-12-01 $299,700 (19.2%) $396,020 (28.3%) 0.81 499
2022-01-01 $315,000 (18.9%) $413,380 (23.9%) 0.85 416
2022-02-01 $322,450 (16.3%) $424,654 (22.3%) 0.84 357
2022-03-01 $324,950 (16.5%) $415,665 (20.0%) 0.81 375
2022-04-01 $333,000 (19.2%) $404,287 (17.6%) 0.79 447
2022-05-01 $349,725 (25.4%) $401,581 (20.7%) 0.80 572
2022-06-01 $349,506 (25.1%) $398,878 (17.4%) 0.78 699
2022-07-01 $349,000 (20.8%) $405,849 (14.7%) 0.79 849
2022-08-01 $349,675 (21.3%) $399,971 (10.7%) 0.81 854
2022-09-01 $345,675 (16.4%) $397,243 (6.6%) 0.81 866
2022-10-01 $345,000 (17.0%) $393,042 (5.2%) 0.81 841
2022-11-01 $335,000 (12.8%) $398,319 (5.9%) 0.81 787
East Stroudsburg's median listing price for 2022-11-01 was $335,000, a difference of $38,000 (12.8%) versus the prior year and $-10,000 versus the prior month.

East Stroudsburg's median listing price comes in at 81% of the national average.

East Stroudsburg's average listing price for 2022-11-01 was $398,319, a difference of $22,287 (5.9%) versus the prior year and $5,277 versus the prior month.

For the 2022-11-01 period, East Stroudsburg had 787 MLS listings, a difference of -54 listings (-6%) versus the prior month and 189 listings (32%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - East Stroudsburg (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 130 days 1,805 sqft
2018-02-01 137 days 1,794 sqft
2018-03-01 135 days 1,792 sqft
2018-04-01 119 days 1,821 sqft
2018-05-01 89 days 1,828 sqft
2018-06-01 82 days 1,820 sqft
2018-07-01 79 days 1,826 sqft
2018-08-01 83 days 1,820 sqft
2018-09-01 94 days 1,836 sqft
2018-10-01 103 days 1,849 sqft
2018-11-01 109 days 1,862 sqft
2018-12-01 122 days 1,839 sqft
2019-01-01 124 days 1,816 sqft
2019-02-01 126 days 1,834 sqft
2019-03-01 110 days 1,837 sqft
2019-04-01 84 days 1,844 sqft
2019-05-01 72 days 1,879 sqft
2019-06-01 67 days 1,871 sqft
2019-07-01 74 days 1,881 sqft
2019-08-01 82 days 1,893 sqft
2019-09-01 89 days 1,897 sqft
2019-10-01 96 days 1,900 sqft
2019-11-01 101 days 1,897 sqft
2019-12-01 112 days 1,876 sqft
2020-01-01 116 days 1,881 sqft
2020-02-01 121 days 1,889 sqft
2020-03-01 110 days 1,889 sqft
2020-04-01 121 days 1,900 sqft
2020-05-01 122 days 1,900 sqft
2020-06-01 113 days 1,943 sqft
2020-07-01 101 days 1,945 sqft
2020-08-01 73 days 1,975 sqft
2020-09-01 66 days 2,020 sqft
2020-10-01 57 days 1,930 sqft
2020-11-01 58 days 1,903 sqft
2020-12-01 72 days 1,952 sqft
2021-01-01 88 days 2,003 sqft
2021-02-01 88 days 2,042 sqft
2021-03-01 75 days 2,018 sqft
2021-04-01 43 days 1,972 sqft
2021-05-01 36 days 1,937 sqft
2021-06-01 41 days 1,918 sqft
2021-07-01 38 days 1,915 sqft
2021-08-01 46 days 1,992 sqft
2021-09-01 54 days 1,979 sqft
2021-10-01 66 days 1,932 sqft
2021-11-01 76 days 1,949 sqft
2021-12-01 92 days 1,924 sqft
2022-01-01 89 days 1,997 sqft
2022-02-01 78 days 1,974 sqft
2022-03-01 41 days 1,955 sqft
2022-04-01 35 days 1,920 sqft
2022-05-01 33 days 1,912 sqft
2022-06-01 36 days 1,968 sqft
2022-07-01 40 days 1,962 sqft
2022-08-01 50 days 1,962 sqft
2022-09-01 59 days 1,962 sqft
2022-10-01 65 days 1,972 sqft
2022-11-01 72 days 1,976 sqft
East Stroudsburg's median listing age (time on market) for 2022-11-01 was 72 days. This is -5% shorter than the same period one year ago.

East Stroudsburg's median square footage for active listings during the 2022-11-01 period was 1,976 sqft. One year prior, the average listing was 1,949 sqft.