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 7.05% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

East Stroudsburg's average USDA mortgage closing costs are $5,918.

The average rate for the prior week (2024-05-31) was 7.13% and one month ago for the week of 2024-05-03, the average rate was 7.13%.

The average rate one year ago was 6.83%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.7%.

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 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
2024-04-01 $349,900 (0.0%) $401,727 (-4.1%) 0.81 748
2024-05-01 $354,500 (1.3%) $411,607 (-2.7%) 0.80 816
East Stroudsburg's median listing price for 2024-05-01 was $354,500, a difference of $4,500 (1.3%) versus the prior year and $4,600 versus the prior month.

East Stroudsburg's median listing price comes in at 80% of the national average.

East Stroudsburg's average listing price for 2024-05-01 was $411,607, a difference of $-11,369 (-2.7%) versus the prior year and $9,880 versus the prior month.

For the 2024-05-01 period, East Stroudsburg had 816 MLS listings, a difference of 68 listings (9%) versus the prior month and 187 listings (30%) 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
2024-04-01 54 days 1,913 sqft
2024-05-01 51 days 1,925 sqft
East Stroudsburg's median listing age (time on market) for 2024-05-01 was 51 days. This is 7% longer than the same period one year ago.

East Stroudsburg's median square footage for active listings during the 2024-05-01 period was 1,925 sqft. One year prior, the average listing was 1,865 sqft.