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 18 USDA loans during 2022. The total origination value was $3,400,000, with an average USDA loan value of $188,889.
East Stroudsburg USDA Loans, 30 Year Fixed Rates
30 Year USDA mortgages in East Stroudsburg
averaged
-0.29%
for the week of 2023-11-24, compared to the national average (all USDA variants) of
0% for the same period.
East Stroudsburg's average USDA mortgage closing costs are $5,778.
The average rate for the prior week (2023-11-17) was
7.11% and
one month ago for the week of 2023-10-20, the
average rate was 7.52%.
The average rate one year ago was 6.56%.
For refis of the same type during the week of 2023-11-24, the average rate
was -1.16%.
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 | 2022 Avg. 30yFix Rate | 2022 Avg. Closing Costs |
|---|---|---|---|
| Acre Mortgage and Financial Inc | 3 | 5.42% | $11,454 |
| CROSSCOUNTRY MORTGAGE, LLC | 2 | 4.56% | $6,840 |
| Bank of England | 1 | 3.88% | $8,977 |
| BAYSHORE MORTGAGE FUNDING, LLC | 1 | 5.63% | $10,826 |
| EVERETT FINANCIAL, INC. | 1 | 4.13% | $6,237 |
| FINANCE OF AMERICA MORTGAGE LLC | 1 | 5.50% | $7,818 |
| HOME POINT FINANCIAL CORPORATION | 1 | 4.00% | $12,088 |
| Paramount Residential Mortgage Group, Inc. | 1 | 6.50% | $8,879 |
| RESIDENTIAL HOME FUNDING CORP. | 1 | 4.00% | $7,136 |
| T2 FINANCIAL LLC | 1 | 5.00% | $10,758 |
| TOTAL MORTGAGE SERVICES, LLC | 1 | 5.63% | $6,986 |
| UNION HOME MORTGAGE CORP. | 1 | 3.75% | $6,415 |
| Wells Fargo Bank | 1 | 5.63% | $7,621 |
| AMERICAN FINANCIAL RESOURCES, INC. | 1 | 6.63% | $3,882 |
The top East Stroudsburg USDA lender as defined by loan originations is Acre Mortgage and Financial Inc, with
3 USDA loans originated. Their average total fees are
$11,454, which is $4,613
higher than the next largest lender,
CROSSCOUNTRY MORTGAGE, LLC.
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%) | $200,140 (3.9%) | 0.59 | 1,448 |
| 2018-02-01 | $159,928 (0.1%) | $201,300 (3.4%) | 0.58 | 1,352 |
| 2018-03-01 | $163,900 (2.5%) | $204,626 (2.8%) | 0.58 | 1,337 |
| 2018-04-01 | $168,200 (2.0%) | $206,719 (1.4%) | 0.57 | 1,383 |
| 2018-05-01 | $169,125 (1.9%) | $206,092 (0.5%) | 0.56 | 1,505 |
| 2018-06-01 | $168,400 (-0.4%) | $206,848 (1.2%) | 0.56 | 1,606 |
| 2018-07-01 | $172,050 (1.8%) | $209,981 (2.1%) | 0.57 | 1,681 |
| 2018-08-01 | $171,500 (1.0%) | $209,415 (1.8%) | 0.57 | 1,718 |
| 2018-09-01 | $172,500 (1.8%) | $211,601 (4.0%) | 0.58 | 1,676 |
| 2018-10-01 | $176,475 (4.2%) | $215,533 (5.3%) | 0.60 | 1,600 |
| 2018-11-01 | $179,450 (7.5%) | $215,693 (6.5%) | 0.61 | 1,516 |
| 2018-12-01 | $175,000 (6.7%) | $211,891 (5.1%) | 0.60 | 1,398 |
| 2019-01-01 | $174,094 (8.8%) | $208,185 (4.0%) | 0.60 | 1,273 |
| 2019-02-01 | $177,000 (10.7%) | $213,595 (6.1%) | 0.60 | 1,226 |
| 2019-03-01 | $178,936 (9.2%) | $215,944 (5.5%) | 0.59 | 1,229 |
| 2019-04-01 | $178,936 (6.4%) | $217,136 (5.0%) | 0.57 | 1,290 |
| 2019-05-01 | $179,900 (6.4%) | $219,003 (6.3%) | 0.56 | 1,400 |
| 2019-06-01 | $179,900 (6.8%) | $218,560 (5.7%) | 0.56 | 1,577 |
| 2019-07-01 | $179,900 (4.6%) | $216,831 (3.3%) | 0.56 | 1,653 |
| 2019-08-01 | $181,363 (5.8%) | $218,650 (4.4%) | 0.57 | 1,663 |
| 2019-09-01 | $183,409 (6.3%) | $218,166 (3.1%) | 0.59 | 1,652 |
| 2019-10-01 | $185,450 (5.1%) | $217,062 (0.7%) | 0.60 | 1,624 |
| 2019-11-01 | $189,000 (5.3%) | $223,348 (3.6%) | 0.62 | 1,450 |
| 2019-12-01 | $185,450 (6.0%) | $221,950 (4.8%) | 0.62 | 1,290 |
| 2020-01-01 | $186,175 (6.9%) | $224,759 (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 (9.0%) | $232,602 (7.7%) | 0.61 | 1,085 |
| 2020-04-01 | $199,000 (11.2%) | $236,246 (8.8%) | 0.62 | 1,009 |
| 2020-05-01 | $199,850 (11.1%) | $237,010 (8.2%) | 0.61 | 1,014 |
| 2020-06-01 | $211,375 (17.5%) | $246,987 (13.0%) | 0.62 | 964 |
| 2020-07-01 | $219,450 (22.0%) | $257,046 (18.6%) | 0.64 | 801 |
| 2020-08-01 | $225,000 (24.1%) | $277,035 (26.7%) | 0.64 | 679 |
| 2020-09-01 | $229,900 (25.4%) | $290,371 (33.1%) | 0.66 | 622 |
| 2020-10-01 | $239,999 (29.4%) | $295,459 (36.1%) | 0.69 | 600 |
| 2020-11-01 | $242,950 (28.5%) | $299,936 (34.3%) | 0.71 | 588 |
| 2020-12-01 | $252,246 (36.0%) | $310,207 (39.8%) | 0.75 | 549 |
| 2021-01-01 | $265,000 (42.3%) | $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%) | $349,556 (50.3%) | 0.79 | 367 |
| 2021-04-01 | $279,450 (40.4%) | $346,233 (46.6%) | 0.76 | 414 |
| 2021-05-01 | $279,000 (39.6%) | $334,593 (41.2%) | 0.74 | 503 |
| 2021-06-01 | $279,950 (32.4%) | $341,550 (38.3%) | 0.74 | 577 |
| 2021-07-01 | $289,900 (32.1%) | $355,055 (38.1%) | 0.76 | 691 |
| 2021-08-01 | $289,900 (28.8%) | $362,414 (30.8%) | 0.77 | 739 |
| 2021-09-01 | $297,000 (29.2%) | $373,819 (28.7%) | 0.79 | 713 |
| 2021-10-01 | $295,000 (22.9%) | $375,002 (26.9%) | 0.79 | 666 |
| 2021-11-01 | $298,700 (23.0%) | $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%) | $414,968 (23.4%) | 0.87 | 408 |
| 2022-02-01 | $325,950 (16.8%) | $426,389 (21.8%) | 0.85 | 349 |
| 2022-03-01 | $325,000 (16.5%) | $416,794 (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%) | $402,546 (20.3%) | 0.80 | 563 |
| 2022-06-01 | $349,900 (25.0%) | $399,774 (17.1%) | 0.78 | 690 |
| 2022-07-01 | $349,450 (20.5%) | $406,398 (14.5%) | 0.79 | 842 |
| 2022-08-01 | $349,900 (20.7%) | $400,607 (10.5%) | 0.81 | 846 |
| 2022-09-01 | $348,500 (17.3%) | $397,839 (6.4%) | 0.81 | 858 |
| 2022-10-01 | $348,000 (18.0%) | $393,679 (5.0%) | 0.82 | 833 |
| 2022-11-01 | $336,125 (12.5%) | $399,224 (6.1%) | 0.81 | 779 |
| 2022-12-01 | $330,000 (10.0%) | $395,948 (-0.2%) | 0.81 | 726 |
| 2023-01-01 | $329,950 (3.1%) | $395,979 (-4.6%) | 0.82 | 642 |
| 2023-02-01 | $330,000 (1.2%) | $398,717 (-6.5%) | 0.80 | 595 |
| 2023-03-01 | $342,750 (5.5%) | $404,864 (-2.9%) | 0.81 | 556 |
| 2023-04-01 | $350,000 (4.5%) | $418,751 (3.3%) | 0.81 | 581 |
| 2023-05-01 | $350,000 (0.0%) | $423,004 (5.1%) | 0.79 | 633 |
| 2023-06-01 | $356,450 (1.9%) | $416,793 (4.3%) | 0.80 | 701 |
| 2023-07-01 | $359,000 (2.7%) | $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 (3.3%) | $424,013 (6.6%) | 0.84 | 819 |
| 2023-10-01 | $355,000 (2.0%) | $418,575 (6.3%) | 0.84 | 829 |
East Stroudsburg's median listing price comes in at 84% of the national average.
East Stroudsburg's average listing price for 2023-10-01 was $418,575, a difference of $24,896 (6.3%) versus the prior year and $-5,438 versus the prior month.
For the 2023-10-01 period, East Stroudsburg had 829 MLS listings, a difference of 10 listings (1%) versus the prior month and -4 listings (0%) 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 | 1,805 sqft |
| 2018-02-01 | 109 days | 1,794 sqft |
| 2018-03-01 | 101 days | 1,792 sqft |
| 2018-04-01 | 76 days | 1,821 sqft |
| 2018-05-01 | 61 days | 1,829 sqft |
| 2018-06-01 | 66 days | 1,820 sqft |
| 2018-07-01 | 67 days | 1,826 sqft |
| 2018-08-01 | 72 days | 1,820 sqft |
| 2018-09-01 | 83 days | 1,836 sqft |
| 2018-10-01 | 91 days | 1,849 sqft |
| 2018-11-01 | 95 days | 1,862 sqft |
| 2018-12-01 | 105 days | 1,839 sqft |
| 2019-01-01 | 106 days | 1,816 sqft |
| 2019-02-01 | 109 days | 1,834 sqft |
| 2019-03-01 | 93 days | 1,837 sqft |
| 2019-04-01 | 72 days | 1,845 sqft |
| 2019-05-01 | 63 days | 1,880 sqft |
| 2019-06-01 | 60 days | 1,874 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 | 1,884 sqft |
| 2020-03-01 | 91 days | 1,889 sqft |
| 2020-04-01 | 100 days | 1,900 sqft |
| 2020-05-01 | 110 days | 1,900 sqft |
| 2020-06-01 | 100 days | 1,939 sqft |
| 2020-07-01 | 66 days | 1,942 sqft |
| 2020-08-01 | 64 days | 1,973 sqft |
| 2020-09-01 | 54 days | 2,017 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 | 2,016 sqft |
| 2021-04-01 | 40 days | 1,966 sqft |
| 2021-05-01 | 32 days | 1,933 sqft |
| 2021-06-01 | 39 days | 1,919 sqft |
| 2021-07-01 | 37 days | 1,910 sqft |
| 2021-08-01 | 45 days | 1,988 sqft |
| 2021-09-01 | 52 days | 1,978 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 | 72 days | 1,961 sqft |
| 2022-03-01 | 39 days | 1,947 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 | 1,961 sqft |
| 2022-08-01 | 49 days | 1,960 sqft |
| 2022-09-01 | 58 days | 1,958 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 | 1,927 sqft |
| 2023-02-01 | 71 days | 1,871 sqft |
| 2023-03-01 | 62 days | 1,880 sqft |
| 2023-04-01 | 55 days | 1,900 sqft |
| 2023-05-01 | 48 days | 1,854 sqft |
| 2023-06-01 | 49 days | 1,863 sqft |
| 2023-07-01 | 50 days | 1,901 sqft |
| 2023-08-01 | 54 days | 1,938 sqft |
| 2023-09-01 | 57 days | 1,950 sqft |
| 2023-10-01 | 58 days | 1,930 sqft |
East Stroudsburg's median square footage for active listings during the 2023-10-01 period was 1,930 sqft. One year prior, the average listing was 1,972 sqft.