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 14 lenders originated 16 USDA loans during 2023. The total origination value was $3,620,000, with an average USDA loan value of $226,250.
East Stroudsburg USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in East Stroudsburg
averaged
7.02%
for the week of 2024-04-19, compared to the national average (all USDA variants) of
6.863% for the same period.
East Stroudsburg's average USDA mortgage closing costs are $5,918.
The average rate for the prior week (2024-04-12) was
7.17% and
one month ago for the week of 2024-03-15, the
average rate was 6.65%.
The average rate one year ago was 6.59%.
For refis of the same type during the week of 2024-04-19, the average rate
was 6.86%.
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 | 2023 Avg. 30yFix Rate | 2023 Avg. Closing Costs |
|---|---|---|---|
| Paramount Residential Mortgage Group, Inc. | 2 | 6.69% | $7,516 |
| BNC National Bank | 1 | 5.63% | $7,517 |
| CMG MORTGAGE, INC. | 1 | 6.75% | $8,985 |
| CROSSCOUNTRY MORTGAGE, LLC | 1 | 6.69% | $10,789 |
| EVERETT FINANCIAL, INC. | 1 | 7.13% | $9,394 |
| GUILD MORTGAGE COMPANY | 1 | 6.38% | $7,275 |
| Huntingdon Valley Bank | 1 | 6.38% | $6,541 |
| Mortgage America, Inc. | 1 | 6.13% | $6,820 |
| Mortgage Research Center, LLC | 1 | 5.75% | $3,383 |
| Northpointe Bank | 1 | 7.25% | $11,835 |
| PNC Bank | 1 | 6.63% | $6,196 |
| The Huntington National Bank | 1 | 6.63% | $7,457 |
| ABSOLUTE HOME MORTGAGE CORPORATION | 1 | 6.63% | $7,155 |
| UNITED WHOLESALE MORTGAGE, LLC | 1 | 6.75% | $11,966 |
The top East Stroudsburg USDA lender as defined by loan originations is Paramount Residential Mortgage Group, Inc., with
2 USDA loans originated. Their average total fees are
$7,516, which is $1
lower than the next largest lender,
BNC National Bank.
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 | $159,928 (1.0%) | $200,111 (3.9%) | 0.59 | 1,448 |
| 2018-02-01 | $159,907 (0.1%) | $201,246 (3.3%) | 0.58 | 1,351 |
| 2018-03-01 | $163,700 (2.4%) | $204,538 (2.7%) | 0.57 | 1,338 |
| 2018-04-01 | $168,000 (1.9%) | $206,632 (1.4%) | 0.57 | 1,384 |
| 2018-05-01 | $169,100 (1.9%) | $206,021 (0.4%) | 0.56 | 1,506 |
| 2018-06-01 | $168,400 (-0.4%) | $206,782 (1.1%) | 0.56 | 1,607 |
| 2018-07-01 | $171,525 (1.5%) | $209,909 (2.1%) | 0.57 | 1,682 |
| 2018-08-01 | $171,375 (0.9%) | $209,341 (1.8%) | 0.57 | 1,719 |
| 2018-09-01 | $172,350 (1.7%) | $211,525 (3.9%) | 0.58 | 1,677 |
| 2018-10-01 | $176,450 (4.2%) | $215,452 (5.2%) | 0.60 | 1,601 |
| 2018-11-01 | $179,450 (7.5%) | $215,614 (6.5%) | 0.61 | 1,517 |
| 2018-12-01 | $175,000 (6.7%) | $211,818 (5.1%) | 0.60 | 1,399 |
| 2019-01-01 | $173,738 (8.6%) | $208,110 (4.0%) | 0.60 | 1,274 |
| 2019-02-01 | $177,000 (10.7%) | $213,512 (6.1%) | 0.60 | 1,227 |
| 2019-03-01 | $178,743 (9.2%) | $215,817 (5.5%) | 0.58 | 1,231 |
| 2019-04-01 | $178,743 (6.4%) | $216,886 (5.0%) | 0.57 | 1,294 |
| 2019-05-01 | $179,900 (6.4%) | $218,785 (6.2%) | 0.56 | 1,403 |
| 2019-06-01 | $179,900 (6.8%) | $218,287 (5.6%) | 0.56 | 1,579 |
| 2019-07-01 | $179,900 (4.9%) | $216,557 (3.2%) | 0.56 | 1,656 |
| 2019-08-01 | $181,311 (5.8%) | $218,458 (4.4%) | 0.57 | 1,665 |
| 2019-09-01 | $183,386 (6.4%) | $218,148 (3.1%) | 0.59 | 1,653 |
| 2019-10-01 | $185,450 (5.1%) | $217,162 (0.8%) | 0.60 | 1,623 |
| 2019-11-01 | $189,000 (5.3%) | $223,439 (3.6%) | 0.62 | 1,449 |
| 2019-12-01 | $185,450 (6.0%) | $221,950 (4.8%) | 0.62 | 1,290 |
| 2020-01-01 | $185,950 (7.0%) | $224,762 (8.0%) | 0.62 | 1,185 |
| 2020-02-01 | $189,900 (7.3%) | $230,631 (8.0%) | 0.62 | 1,105 |
| 2020-03-01 | $195,000 (9.1%) | $232,634 (7.8%) | 0.61 | 1,086 |
| 2020-04-01 | $199,000 (11.3%) | $236,277 (8.9%) | 0.62 | 1,010 |
| 2020-05-01 | $199,900 (11.1%) | $237,040 (8.3%) | 0.61 | 1,015 |
| 2020-06-01 | $211,750 (17.7%) | $247,107 (13.2%) | 0.62 | 965 |
| 2020-07-01 | $219,450 (22.0%) | $257,046 (18.7%) | 0.64 | 801 |
| 2020-08-01 | $225,000 (24.1%) | $277,035 (26.8%) | 0.64 | 679 |
| 2020-09-01 | $229,900 (25.4%) | $290,474 (33.2%) | 0.66 | 621 |
| 2020-10-01 | $239,999 (29.4%) | $295,459 (36.1%) | 0.69 | 600 |
| 2020-11-01 | $242,725 (28.4%) | $299,886 (34.2%) | 0.71 | 588 |
| 2020-12-01 | $252,246 (36.0%) | $310,207 (39.8%) | 0.75 | 549 |
| 2021-01-01 | $265,000 (42.5%) | $336,217 (49.6%) | 0.79 | 434 |
| 2021-02-01 | $279,000 (46.9%) | $350,224 (51.9%) | 0.81 | 368 |
| 2021-03-01 | $279,000 (43.1%) | $349,643 (50.3%) | 0.79 | 367 |
| 2021-04-01 | $279,450 (40.4%) | $346,233 (46.5%) | 0.76 | 414 |
| 2021-05-01 | $279,000 (39.6%) | $334,679 (41.2%) | 0.74 | 502 |
| 2021-06-01 | $279,950 (32.2%) | $341,498 (38.2%) | 0.74 | 576 |
| 2021-07-01 | $289,900 (32.1%) | $355,062 (38.1%) | 0.76 | 690 |
| 2021-08-01 | $289,900 (28.8%) | $362,501 (30.9%) | 0.77 | 738 |
| 2021-09-01 | $297,000 (29.2%) | $373,849 (28.7%) | 0.79 | 712 |
| 2021-10-01 | $295,000 (22.9%) | $375,033 (26.9%) | 0.79 | 665 |
| 2021-11-01 | $298,700 (23.1%) | $376,147 (25.4%) | 0.80 | 591 |
| 2021-12-01 | $299,900 (18.9%) | $396,548 (27.8%) | 0.81 | 491 |
| 2022-01-01 | $319,950 (20.7%) | $415,145 (23.5%) | 0.87 | 408 |
| 2022-02-01 | $324,975 (16.5%) | $426,615 (21.8%) | 0.85 | 348 |
| 2022-03-01 | $325,000 (16.5%) | $416,897 (19.2%) | 0.81 | 366 |
| 2022-04-01 | $335,000 (19.9%) | $405,225 (17.0%) | 0.80 | 438 |
| 2022-05-01 | $349,950 (25.4%) | $402,600 (20.3%) | 0.80 | 563 |
| 2022-06-01 | $349,900 (25.0%) | $399,767 (17.1%) | 0.78 | 690 |
| 2022-07-01 | $349,900 (20.7%) | $406,466 (14.5%) | 0.79 | 842 |
| 2022-08-01 | $349,900 (20.7%) | $400,596 (10.5%) | 0.81 | 846 |
| 2022-09-01 | $348,750 (17.4%) | $397,808 (6.4%) | 0.82 | 858 |
| 2022-10-01 | $348,000 (18.0%) | $393,578 (4.9%) | 0.82 | 833 |
| 2022-11-01 | $336,125 (12.5%) | $399,085 (6.1%) | 0.81 | 779 |
| 2022-12-01 | $330,000 (10.0%) | $395,769 (-0.2%) | 0.81 | 726 |
| 2023-01-01 | $329,950 (3.1%) | $395,679 (-4.7%) | 0.82 | 643 |
| 2023-02-01 | $330,000 (1.6%) | $398,376 (-6.6%) | 0.80 | 596 |
| 2023-03-01 | $341,625 (5.1%) | $404,447 (-3.0%) | 0.81 | 557 |
| 2023-04-01 | $350,000 (4.5%) | $418,694 (3.3%) | 0.81 | 577 |
| 2023-05-01 | $350,000 (0.0%) | $422,976 (5.1%) | 0.79 | 629 |
| 2023-06-01 | $353,750 (1.1%) | $416,735 (4.2%) | 0.79 | 697 |
| 2023-07-01 | $359,000 (2.6%) | $413,882 (1.8%) | 0.82 | 762 |
| 2023-08-01 | $359,498 (2.7%) | $424,797 (6.0%) | 0.83 | 776 |
| 2023-09-01 | $359,900 (3.2%) | $424,013 (6.6%) | 0.84 | 819 |
| 2023-10-01 | $355,000 (2.0%) | $418,575 (6.4%) | 0.84 | 829 |
| 2023-11-01 | $350,000 (4.1%) | $417,793 (4.7%) | 0.83 | 821 |
| 2023-12-01 | $350,000 (6.1%) | $416,332 (5.2%) | 0.85 | 766 |
| 2024-01-01 | $349,975 (6.1%) | $412,851 (4.3%) | 0.85 | 723 |
| 2024-02-01 | $349,900 (6.0%) | $408,065 (2.4%) | 0.84 | 693 |
| 2024-03-01 | $349,000 (2.2%) | $399,814 (-1.2%) | 0.82 | 662 |
East Stroudsburg's median listing price comes in at 82% of the national average.
East Stroudsburg's average listing price for 2024-03-01 was $399,814, a difference of $-4,633 (-1.2%) versus the prior year and $-8,251 versus the prior month.
For the 2024-03-01 period, East Stroudsburg had 662 MLS listings, a difference of -31 listings (-4%) versus the prior month and 105 listings (19%) 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 | 106 days | 1,801 sqft |
| 2018-02-01 | 109 days | 1,792 sqft |
| 2018-03-01 | 100 days | 1,789 sqft |
| 2018-04-01 | 76 days | 1,820 sqft |
| 2018-05-01 | 62 days | 1,828 sqft |
| 2018-06-01 | 66 days | 1,820 sqft |
| 2018-07-01 | 67 days | 1,825 sqft |
| 2018-08-01 | 72 days | 1,820 sqft |
| 2018-09-01 | 83 days | 1,836 sqft |
| 2018-10-01 | 92 days | 1,848 sqft |
| 2018-11-01 | 95 days | 1,860 sqft |
| 2018-12-01 | 105 days | 1,838 sqft |
| 2019-01-01 | 106 days | 1,809 sqft |
| 2019-02-01 | 109 days | 1,831 sqft |
| 2019-03-01 | 94 days | 1,835 sqft |
| 2019-04-01 | 72 days | 1,845 sqft |
| 2019-05-01 | 64 days | 1,880 sqft |
| 2019-06-01 | 61 days | 1,875 sqft |
| 2019-07-01 | 68 days | 1,883 sqft |
| 2019-08-01 | 75 days | 1,893 sqft |
| 2019-09-01 | 82 days | 1,897 sqft |
| 2019-10-01 | 88 days | 1,900 sqft |
| 2019-11-01 | 92 days | 1,896 sqft |
| 2019-12-01 | 100 days | 1,874 sqft |
| 2020-01-01 | 107 days | 1,879 sqft |
| 2020-02-01 | 110 days | 1,887 sqft |
| 2020-03-01 | 91 days | 1,889 sqft |
| 2020-04-01 | 100 days | 1,900 sqft |
| 2020-05-01 | 109 days | 1,900 sqft |
| 2020-06-01 | 101 days | 1,940 sqft |
| 2020-07-01 | 66 days | 1,944 sqft |
| 2020-08-01 | 64 days | 1,973 sqft |
| 2020-09-01 | 54 days | 2,019 sqft |
| 2020-10-01 | 51 days | 1,928 sqft |
| 2020-11-01 | 53 days | 1,903 sqft |
| 2020-12-01 | 68 days | 1,950 sqft |
| 2021-01-01 | 82 days | 2,002 sqft |
| 2021-02-01 | 79 days | 2,040 sqft |
| 2021-03-01 | 65 days | 2,019 sqft |
| 2021-04-01 | 40 days | 1,966 sqft |
| 2021-05-01 | 33 days | 1,933 sqft |
| 2021-06-01 | 38 days | 1,918 sqft |
| 2021-07-01 | 37 days | 1,910 sqft |
| 2021-08-01 | 45 days | 1,988 sqft |
| 2021-09-01 | 52 days | 1,979 sqft |
| 2021-10-01 | 64 days | 1,927 sqft |
| 2021-11-01 | 73 days | 1,948 sqft |
| 2021-12-01 | 89 days | 1,924 sqft |
| 2022-01-01 | 85 days | 1,996 sqft |
| 2022-02-01 | 73 days | 1,968 sqft |
| 2022-03-01 | 39 days | 1,952 sqft |
| 2022-04-01 | 33 days | 1,920 sqft |
| 2022-05-01 | 32 days | 1,910 sqft |
| 2022-06-01 | 35 days | 1,967 sqft |
| 2022-07-01 | 39 days | 1,962 sqft |
| 2022-08-01 | 49 days | 1,960 sqft |
| 2022-09-01 | 58 days | 1,959 sqft |
| 2022-10-01 | 64 days | 1,972 sqft |
| 2022-11-01 | 70 days | 1,974 sqft |
| 2022-12-01 | 80 days | 1,972 sqft |
| 2023-01-01 | 79 days | 1,926 sqft |
| 2023-02-01 | 72 days | 1,871 sqft |
| 2023-03-01 | 63 days | 1,881 sqft |
| 2023-04-01 | 55 days | 1,905 sqft |
| 2023-05-01 | 48 days | 1,865 sqft |
| 2023-06-01 | 49 days | 1,872 sqft |
| 2023-07-01 | 50 days | 1,901 sqft |
| 2023-08-01 | 54 days | 1,934 sqft |
| 2023-09-01 | 57 days | 1,950 sqft |
| 2023-10-01 | 58 days | 1,930 sqft |
| 2023-11-01 | 62 days | 1,924 sqft |
| 2023-12-01 | 74 days | 1,920 sqft |
| 2024-01-01 | 79 days | 1,908 sqft |
| 2024-02-01 | 74 days | 1,902 sqft |
| 2024-03-01 | 64 days | 1,873 sqft |
East Stroudsburg's median square footage for active listings during the 2024-03-01 period was 1,873 sqft. One year prior, the average listing was 1,881 sqft.